Local Market Report
20 18 January
Westside / Los Angeles
RodeoRE.com TM
Table of Contents Bel Air - Holmby Hills
2
Marina 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
Jan 2017
Median Price $1,500,000
Properties Sold
9
Sales Volume $21,827,300
Average Sale Price
$2,425,256
Properties For Sale 104
Average Days on Market
53
Months Supply of Inventory 12
Average List Price
$16,043,879
Jan 2018 $7,372,500
392%
8
-11%
$66,645,000
205%
$8,330,625
243%
90
-13%
109
106%
11
-8%
$11,432,656
-29%
*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
Jan 2017
Median Price $1,412,000
Properties Sold
14
Sales Volume $20,032,500
Average Sale Price
$1,430,893
Properties For Sale 84
Average Days on Market
45
Months Supply of Inventory 6
Average List Price
$1,791,428
Jan 2018 $1,798,875
27%
11
-21%
$19,979,947
0%
$1,816,359
27%
52
-38%
70
56%
5
-17%
$1,879,407
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
5%
Beverly Hills
Jan 2017
Median Price $2,500,000
Properties Sold
27
Sales Volume $123,149,500
Average Sale Price
$4,561,093
Properties For Sale 229
Average Days on Market
70
Months Supply of Inventory 8
Average List Price
$6,710,943
Jan 2018 $2,575,000
3%
19
-30%
$72,344,870
-41%
$3,807,625
-17%
204
-11%
80
14%
11
38%
$6,212,130
-7%
*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.
Jan 2017
Median Price $2,900,000
Properties Sold
6
Sales Volume $22,494,000
Average Sale Price
$3,749,000
Properties For Sale 104
Jan 2018
%Change
$2,301,000
-21%
8
33%
$18,241,870
-19%
$2,280,234
-39%
108
4%
60
60
0%
Months Supply of Inventory 17
14
-18%
Average Days on Market
Average List Price
$6,110,057
$6,530,097
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
7%
Beverlywood
Jan 2017
Median Price $1,132,000
Properties Sold
20
Sales Volume $28,648,555
Average Sale Price
$1,432,428
Properties For Sale 36
Average Days on Market
35
Months Supply of Inventory 2
Average List Price
$1,133,000
Jan 2018 $1,329,500
17%
12
-40%
$19,914,000
-30%
$1,659,500
16%
37
3%
37
6%
3
50%
$1,783,040
57%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Brentwood
Jan 2017
Median Price $2,500,000
Properties Sold
23
Sales Volume $71,940,100
Average Sale Price
$3,127,830
Properties For Sale 98
Average Days on Market
63
Months Supply of Inventory 4
Average List Price
$3,639,832
Jan 2018 $1,852,500
-26%
26
13%
$73,257,599
2%
$2,817,600
-10%
100
2%
37
-41%
4
0%
$3,989,520
10%
*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
Jan 2017
Median Price $1,930,000
Properties Sold
7
Sales Volume $16,055,000
Average Sale Price
$2,293,571
Properties For Sale 27
Average Days on Market
77
Months Supply of Inventory 4
Average List Price
$2,947,385
Jan 2018 $1,375,000
-29%
3
-57%
$4,067,500
-75%
$1,355,833
-41%
15
-44%
17
-78%
5
25%
$3,430,000
16%
*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
Jan 2017
Jan 2018
%Change
Median Price $899,500
$722,750
-20%
Properties Sold
30
Sales Volume $27,923,000
Average Sale Price
$930,767
Properties For Sale 46
Average Days on Market
51
Months Supply of Inventory 2
Average List Price
$1,075,781
32
7%
$28,646,800
3%
$895,213
-4%
34
-26%
27
-47%
1
-50%
$1,115,423
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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4%
Hancock Park
Jan 2017
Median Price $1,200,000
Properties Sold
29
Sales Volume $66,372,750
Average Sale Price
$2,288,716
Properties For Sale 133
Average Days on Market
63
Months Supply of Inventory 5
Average List Price
$1,727,762
Jan 2018
%Change
$924,500
-23%
26
-10%
$40,335,500
-39%
$1,551,365
-32%
91
-32%
46
-27%
4
-20%
$1,701,807
-2%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hollywood
Jan 2017
Median Price $1,100,000
Properties Sold
13
Sales Volume $12,943,000
Average Sale Price
$995,615
Properties For Sale 59
Average Days on Market
65
Months Supply of Inventory 5
Average List Price
$805,242
Jan 2018
%Change
$837,000
-24%
10
-23%
$8,996,500
-30%
$899,650
-10%
56
-5%
35
-46%
6
20%
$1,609,012
100%
*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
Jan 2017
Median Price $1,397,500
Properties Sold
14
Sales Volume $17,148,265
Average Sale Price
$1,224,876
Properties For Sale 68
Average Days on Market
77
Months Supply of Inventory 5
Average List Price
$1,560,226
Jan 2018 $1,204,500
-14%
8
-43%
$10,196,888
-41%
$1,274,611
4%
53
-22%
38
-51%
7
40%
$1,790,799
15%
*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
Jan 2017 Median Price $1,288,000
Jan 2018 $1,689,000
31%
Properties Sold 13 Sales Volume $23,578,000
15
15%
$28,127,500
19%
$1,875,167
3%
Average Sale Price
$1,813,692
Properties For Sale 71
Average Days on Market
110
Months Supply of Inventory 5
Average List Price
$2,023,585
51
-28%
63
-43%
3
-40%
$2,059,815
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
2%
Malibu
Jan 2017
Median Price $2,234,500
Properties Sold
16
Sales Volume $45,937,250
Average Sale Price
$2,871,078
Properties For Sale 16
Average Days on Market
129
Months Supply of Inventory 11
Average List Price
$4,184,224
Jan 2018 $2,250,000
1%
15
-6%
$39,252,900
-15%
$2,616,860
-9%
15
-6%
122
-5%
11
0%
$4,224,129
1%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Malibu Beach
Jan 2017
Median Price $16,000,000
Properties Sold
1
Sales Volume $16,000,000
Average Sale Price
$16,000,000
Properties For Sale 70
Average Days on Market
44
Months Supply of Inventory 70
Average List Price
$14,130,235
Jan 2018 $5,723,807
-64%
6
500%
$32,635,019
104%
$5,439,170
-66%
60
-14%
127
189%
10
-86%
$8,015,282
-43%
*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
Jan 2017
Median Price $850,000
Properties Sold
23
Sales Volume $27,826,990
Average Sale Price
$1,209,869
Properties For Sale 86
Average Days on Market
66
Months Supply of Inventory 4
Average List Price
$1,193,129
Jan 2018 $1,007,500
19%
26
13%
$32,021,000
15%
$1,231,577
2%
68
-21%
40
-39%
3
-25%
$1,493,915
25%
*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
Jan 2017
Jan 2018
%Change
Median Price $649,500
$675,000
4%
Properties Sold
34
Sales Volume $21,955,600
Average Sale Price
$645,753
Properties For Sale 73
Average Days on Market
46
Months Supply of Inventory 2
Average List Price
$756,428
25
-26%
$16,869,110
-23%
$674,764
4%
79
8%
31
-33%
3
50%
$807,909
7%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Mid Wilshire
Jan 2017
Jan 2018
%Change
Median Price $582,944
$633,875
9%
20
25%
$13,167,500
29%
$658,375
3%
Properties Sold
16
Sales Volume $10,238,537
Average Sale Price
$639,909
Properties For Sale 75
Average Days on Market
41
Months Supply of Inventory 5
Average List Price
$849,358
53
-29%
51
24%
3
-40%
$725,078
-15%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Pacific Palisades
Jan 2017
Median Price $2,956,000
Properties Sold
24
Sales Volume $83,801,000
Average Sale Price
$3,491,708
Properties For Sale 24
Average Days on Market
69
Months Supply of Inventory 3
Average List Price
$4,062,978
Jan 2018 $2,360,000
-20%
16
-33%
$38,196,625
-54%
$2,387,289
-32%
16
-33%
76
10%
5
67%
$5,348,219
32%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Palms
Jan 2017
Median Price $1,129,000
Properties Sold
29
Sales Volume $36,865,500
Average Sale Price
$1,271,224
Properties For Sale 55
Average Days on Market
50
Months Supply of Inventory 2
Average List Price
$1,248,263
Jan 2018 $1,350,000
20%
27
-7%
$39,172,000
6%
$1,450,815
14%
49
-11%
32
-36%
2
0%
$1,462,041
17%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Playa Vista
Jan 2017
Median Price $1,091,000
Properties Sold
9
Sales Volume $11,593,135
Average Sale Price
$1,288,126
Properties For Sale 29
Average Days on Market
34
Months Supply of Inventory 3
Average List Price
$1,091,000
Jan 2018 $1,308,567
20%
3
-67%
$7,049,000
-39%
$2,349,667
82%
14
-52%
51
50%
5
67%
$1,308,567
20%
*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
Jan 2017
Median Price $1,595,000
Properties Sold
37
Sales Volume $75,185,013
Average Sale Price
$2,032,027
Properties For Sale 123
Average Days on Market
50
Months Supply of Inventory 3
Average List Price
$2,298,013
Jan 2018 $1,450,000
-9%
26
-30%
$45,341,388
-40%
$1,743,900
-14%
117
-5%
45
-10%
5
67%
$2,510,640
9%
*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
Jan 2017
Jan 2018
%Change
Median Price $890,000
$855,000
-4%
24
-4%
$23,365,950
-1%
$973,581
3%
Properties Sold
25
Sales Volume $23,621,200
Average Sale Price
$944,848
Properties For Sale 104
Average Days on Market
56
Months Supply of Inventory 4
Average List Price
$895,824
64
-38%
59
5%
3
-25%
$1,084,477
21%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Sunset Strip - Hollywood Hills West
Jan 2017
Median Price $1,400,000
Properties Sold
45
Sales Volume $82,657,000
Average Sale Price
$1,836,822
Properties For Sale 244
Average Days on Market
82
Months Supply of Inventory 5
Average List Price
$3,269,379
Jan 2018 $1,400,000
0%
37
-18%
$65,070,000
-21%
$1,758,649
-4%
246
1%
51
-38%
7
40%
$4,282,693
31%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Venice
Jan 2017
Median Price 1,511,825
Properties Sold
10
Sales Volume $16,292,262
Average Sale Price
$1,629,226
Properties For Sale 81
Average Days on Market
64
Months Supply of Inventory 8
Average List Price
$2,323,836
Jan 2018 $2,000,000
32%
15
50%
$30,480,000
87%
$2,032,000
25%
63
-22%
120
88%
4
-50%
$2,555,743
10%
*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
Jan 2017
Jan 2018
%Change
Median Price $665,000
$885,500
33%
26
-10%
$26,775,000
13%
$1,029,808
26%
85
-25%
32
-27%
3
-25%
$1,875,276
66%
Properties Sold
29
Sales Volume $23,692,888
Average Sale Price
$816,996
Properties For Sale 113
Average Days on Market
44
Months Supply of Inventory 4
Average List Price
$1,130,491
*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
Jan 2017
Median Price $868,000
Properties Sold
22
Sales Volume $19,735,938
Average Sale Price
$897,088
Properties For Sale 29
Average Days on Market
45
Months Supply of Inventory 1
Average List Price
$1,113,811
Jan 2018 $1,102,000
27%
13
-41%
$14,373,850
-27%
$1,105,681
23%
33
14%
22
-51%
3
200%
$1,289,004
16%
*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
Jan 2017
Median Price $1,250,000
Properties Sold
43
Sales Volume $61,962,650
Average Sale Price
$1,440,992
Properties For Sale 177
Average Days on Market
53
Months Supply of Inventory 4
Average List Price
$1,595,835
Jan 2018 $1,295,000
4%
43
0%
$72,651,627
17%
$1,689,573
17%
143
-19%
55
4%
3
-25%
$1,860,109
17%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
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