Local Market Report
20 18 April
Westside / Los Angeles
RodeoRE.com TM
Table of Contents Bel Air - Holmby Hills
2
Aprina del Rey
16
Beverly Center - Miracle Mile
3
Mid Los Angeles
17
Beverly Hills
4
Mid Wilshire
18
Beverly Hills P.O.
5
Palms
19
Beverlywood
6
Pacific Palisades
20
Brentwood
7
Playa Vista
21
Cheviot Hills - Rancho Park
8
Santa Monica
22
Culver City
9
Silverlake - Echo Park
23
Hancock Park
10
Hollywood
11
Sunset Strip Hollywood Hills West
24
Hollywood Hills East
12
Venice
25
Los Feliz
13
West Hollywood
26
Malibu
14
West Los Angeles
27
Malibu Beach
15
Westwood - Century City
28
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Bel Air-Holmby Hills
Apr 2017
Median Price $1,640,000
Properties Sold
16
Sales Volume $82,925,655
Average Sale Price
$5,182,853
Properties For Sale 118
Average Days on Market
59
Months Supply of Inventory 7
Average List Price
$5,104,345
Apr 2018 $3,100,000
89%
9
-44%
$48,052,500
-42%
$5,339,167
3%
128
8%
81
37%
14
100%
$13,064,776
156%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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%Change
Beverly Center - Miracle Mile
Median Price $1,350,000
Properties Sold
30
Sales Volume $39,913,275
Average Sale Price
$1,330,443
Properties For Sale 84
Average Days on Market
47
Months Supply of Inventory 3
Average List Price
$1,814,448
Apr 2018 $1,350,000
0%
25
-17%
$38,027,900
-5%
$1,521,116
14%
58
-31%
25
-47%
2
-33%
$1,591,332
-12%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
v
Apr 2017
Beverly Hills
Apr 2017
Median Price $3,400,000
Properties Sold
39
Sales Volume $199,616,000
Average Sale Price
$5,118,359
Properties For Sale 253
Average Days on Market
59
Months Supply of Inventory 6
Average List Price
$6,068,947
Apr 2018 $2,465,050
-27%
29
-26%
$143,996,050
-28%
$4,965,381
-3%
216
-15%
80
36%
7
17%
$6,388,669
5%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Beverly Hills P.O.
Apr 2017
Median Price $7,988,000
Properties Sold
7
Sales Volume $66,060,500
Average Sale Price
$9,437,214
Properties For Sale 144
Average Days on Market
77
Months Supply of Inventory 21
Average List Price
$5,174,385
Apr 2018 $2,375,000
-70%
13
86%
$73,505,000
11%
$5,654,231
-40%
109
-24%
85
10%
8
-62%
$5,348,341
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
3%
Beverlywood
Apr 2017
Median Price $1,275,000
Properties Sold
21
Sales Volume $29,064,000
Average Sale Price
$1,384,000
Properties For Sale 36
Average Days on Market
29
Months Supply of Inventory 2
Average List Price
$1,296,720
Apr 2018 $1,374,000
8%
21
0%
$33,543,250
15%
$1,597,298
15%
47
31%
37
28%
2
0%
$1,537,796
19%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Brentwood
Apr 2017
Median Price $1,720,000
Properties Sold
33
Sales Volume $86,825,700
Average Sale Price
$2,631,082
Properties For Sale 138
Average Days on Market
42
Months Supply of Inventory 4
Average List Price
$4,101,393
Apr 2018 $1,635,000
-5%
27
-18%
$83,178,625
-4%
$3,080,690
17%
159
15%
27
-36%
6
50%
$3,488,794
-15%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Cheviot Hills - Rancho Park
Apr 2017
Median Price $1,967,000
Properties Sold
9
Sales Volume $22,882,000
Average Sale Price
$2,542,444
Properties For Sale 24
Average Days on Market
39
Months Supply of Inventory 3
Average List Price
$2,076,525
Apr 2018 $2,180,000
11%
3
-67%
$6,505,000
-72%
$2,168,333
-15%
23
-4%
41
5%
8
167%
$2,826,667
36%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Culver City
Apr 2017
Median Price $1,080,000
Properties Sold
29
Sales Volume $32,561,500
Average Sale Price
$1,122,810
Properties For Sale 55
Average Days on Market
26
Months Supply of Inventory 2
Average List Price
$934,394
Apr 2018 $1,054,000
-2%
34
17%
$36,027,000
11%
$1,059,618
-6%
40
-27%
19
-27%
1
-50%
$998,190
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
7%
Hancock Park
Apr 2017
Median Price $1,150,000
Properties Sold
49
Sales Volume $73,064,315
Average Sale Price
$1,491,108
Properties For Sale 122
Average Days on Market
51
Months Supply of Inventory 2
Average List Price
$1,423,295
Apr 2018 $1,120,000
-3%
34
-31%
$47,172,120
-35%
$1,387,415
-7%
124
2%
32
-37%
4
100%
$1,678,984
18%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Hollywood
Apr 2017
Apr 2018
%Change
Median Price $687,000
$875,000
27%
13
8%
$12,487,500
40%
$960,577
29%
77
18%
45
-21%
6
20%
$908,514
25%
Properties Sold
12
Sales Volume $8,908,500
Average Sale Price
$742,375
Properties For Sale 65
Average Days on Market
57
Months Supply of Inventory 5
Average List Price
$726,500
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hollywood Hills East
Apr 2017
Median Price $1,260,000
Properties Sold
15
Sales Volume $22,353,500
Average Sale Price
$1,490,233
Properties For Sale 83
Average Days on Market
51
Months Supply of Inventory 6
Average List Price
$1,671,857
Apr 2018 $1,450,000
15%
15
0%
$24,539,375
10%
$1,635,958
10%
51
-39%
56
10%
3
-50%
$1,661,851
-1%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Los Feliz
Apr 2017 Median Price $1,350,000
Apr 2018 $2,160,000
60%
Properties Sold 24 Sales Volume $42,654,650
21
-13%
$49,514,750
16%
$2,357,845
33%
49
-37%
50
-15%
2
-33%
$3,051,578
81%
Average Sale Price
$1,777,277
Properties For Sale 78
Average Days on Market
59
Months Supply of Inventory 3
Average List Price
$1,688,797
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Malibu
Apr 2017
Median Price $1,130,000
Apr 2018
%Change
$3,012,500
167%
16
33%
$50,373,775
45%
$3,148,361
9%
192
-3%
62
77
24%
Months Supply of Inventory 17
12
-29%
Properties Sold
12
Sales Volume $34,732,500
Average Sale Price
$2,894,375
Properties For Sale 198
Average Days on Market
Average List Price
$3,823,190
$3,921,106
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
3%
Malibu Beach
Apr 2017
Median Price $6,152,500
Properties Sold
4
Sales Volume $24,332,000
Average Sale Price
$6,083,000
Properties For Sale 78
Average Days on Market
113
Months Supply of Inventory 20
Average List Price
$8,344,071
Apr 2018 $10,000,000
63%
9
125%
$68,385,000
181%
$7,598,333
25%
80
3%
58
-49%
9
-55%
$9,521,128
14%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Marina del Rey
Apr 2017
Median Price $890,000
Properties Sold
38
Sales Volume $40,020,332
Average Sale Price
$1,053,167
Properties For Sale 100
Average Days on Market
36
Months Supply of Inventory 3
Average List Price
$1,335,184
Apr 2018 $1,092,500
23%
34
-11%
$40,814,225
2%
$1,200,418
14%
91
-9%
20
-44%
3
0%
$1,277,625
-4%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Mid Los Angeles
Apr 2017
Apr 2018
%Change
Median Price $610,000
$750,000
23%
35
0%
$27,273,927
16%
$779,255
16%
68
-27%
27
-13%
2
-33%
Properties Sold
35
Sales Volume $23,567,501
Average Sale Price
$673,357
Properties For Sale 93
Average Days on Market
31
Months Supply of Inventory 3
Average List Price
$851,020
$914,314
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
7%
Mid Wilshire
Apr 2017
Apr 2018
%Change
Median Price $661,985
$670,000
1%
Properties Sold
27
Sales Volume $17,729,081
Average Sale Price
$656,633
Properties For Sale 72
Average Days on Market
55
Months Supply of Inventory 3
Average List Price
$701,475
16
-41%
$13,247,500
-25%
$827,969
26%
61
-15%
48
-13%
4
33%
$825,944
18%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Pacific Palisades
Apr 2017
Median Price $2,267,500
Properties Sold
28
Sales Volume $77,383,441
Average Sale Price
$2,763,694
Properties For Sale 96
Average Days on Market
33
Months Supply of Inventory 3
Average List Price
$4,015,280
Apr 2018 $3,038,525
34%
30
7%
$130,869,938
69%
$4,362,331
58%
99
3%
56
70%
3
0%
$3,121,611
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
-22%
Palms
Apr 2017
Median Price $1,300,000
Properties Sold
29
Sales Volume $39,120,098
Average Sale Price
$1,348,969
Properties For Sale 75
Average Days on Market
41
Months Supply of Inventory 3
Average List Price
$1,547,231
Apr 2018 $1,578,000
21%
45
55%
$72,453,169
85%
$1,610,070
19%
68
-9%
19
-54%
2
-33%
$1,639,004
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
6%
Playa Vista
Apr 2017
Median Price $1,013,594
Properties Sold
14
Sales Volume $16,217,975
Average Sale Price
$1,158,427
Properties For Sale 38
Average Days on Market
68
Months Supply of Inventory 3
Average List Price
$1,282,012
Apr 2018 $1,170,000
15%
16
14%
$20,184,200
24%
$1,261,513
9%
27
-29%
18
-74%
2
-33%
$1,470,924
15%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Santa Monica
Apr 2017
Median Price $1,650,000
Properties Sold
53
Sales Volume $112,034,114
Average Sale Price
$2,113,851
Properties For Sale 150
Average Days on Market
51
Months Supply of Inventory 3
Average List Price
$2,311,623
Apr 2018 $1,327,500
-20%
54
2%
$103,116,701
-8%
$1,909,569
-10%
169
13%
31
-39%
3
0%
$2,314,476
0%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Silverlake - Echo Park
Apr 2017
Apr 2018
%Change
Median Price $885,000
$985,000
11%
33
-20%
$37,112,835
-6%
$1,124,631
17%
72
-35%
26
-54%
2
-33%
Properties Sold
41
Sales Volume $39,307,999
Average Sale Price
$958,732
Properties For Sale 110
Average Days on Market
56
Months Supply of Inventory 3
Average List Price
$1,011,884
$1,091,600
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
8%
Sunset Strip - Hollywood Hills West
Apr 2017
Median Price $1,280,000
Properties Sold
45
Sales Volume $66,392,250
Average Sale Price
$1,475,383
Properties For Sale 287
Average Days on Market
52
Months Supply of Inventory 6
Average List Price
$3,024,757
Apr 2018 $1,400,000
9%
55
22%
$143,087,602
116%
$2,601,593
76%
292
2%
56
8%
5
-17%
$3,147,922
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
4%
Venice
Apr 2017
Median Price $1,670,000
Properties Sold
21
Sales Volume $57,081,650
Average Sale Price
$2,718,174
Properties For Sale 75
Average Days on Market
52
Months Supply of Inventory 4
Average List Price
$2,787,013
Apr 2018 $2,000,000
20%
14
-33%
$34,352,500
-40%
$2,453,750
-10%
89
19%
48
-8%
6
50%
$2,486,214
-11%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
West Hollywood
Apr 2017
Apr 2018
%Change
Median Price $796,500
$924,250
16%
44
-19%
$54,385,325
-15%
$1,236,030
4%
Properties Sold
54
Sales Volume $64,360,275
Average Sale Price
$1,191,857
Properties For Sale 130
Average Days on Market
44
Months Supply of Inventory 2
Average List Price
$1,243,864
113
-13%
24
-45%
3
50%
$1,283,327
3%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
West Los Angeles
Apr 2017
Median Price $1,072,500
Properties Sold
18
Sales Volume $21,953,451
Average Sale Price
$1,219,636
Properties For Sale 51
Average Days on Market
42
Months Supply of Inventory 3
Average List Price
$980,273
Apr 2018 $1,088,000
1%
20
11%
$27,521,194
25%
$1,376,060
13%
48
-6%
26
-38%
2
-33%
$1,109,423
13%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Westwood - Century City
Apr 2017
Median Price $868,389
Properties Sold
48
Sales Volume $70,704,509
Average Sale Price
$1,473,011
Properties For Sale 203
Average Days on Market
33
Months Supply of Inventory 4
Average List Price
$1,662,116
Apr 2018 $1,241,000
43%
67
40%
$108,820,170
54%
$1,624,182
10%
169
-17%
38
15%
3
-25%
$1,747,308
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
5%
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