Q4 | 2017
Los Feliz
Market Update
JEFFERSON PARK
sothebyshomes.com/ 0287202 Offered at $1,169,000
Significant Sales LOS FELIZ
We invite you to explore our exclusive offerings at S OTHEBYS H O MES.C O M/ L OSF E L IZ
Sold for $3,385,000 sothebyshomes.com/0309160
LOS FELIZ
Sold for $3,797,000 sothebyshomes.com/0287074 LOS FELIZ
Sold for $2,995,000 sothebyshomes.com/0287085 SILVER LAKE
Sold for $1,479,000 sothebyshomes.com/0287246 HISTORIC JEFFERSON PARK
Sold for $849,000 sothebyshomes.com/0287261 *in order from left to right, top to bottom
sothebyshomes.com/losfeliz
Market Snapshot
Q4 | Greater Los Angeles
Sold Volume - all areas by price Units vs MSP vs ASP 1120
$3,000,000
Below $1M
1100 $2,500,000
1080 1060
$2,000,000
$5M and Above
1040 1020
$1,500,000
$1M - $5M
1000 $1,000,000
980 960
$500,000
940 $Below $1M
$1M - $5M
$5M and Above
920
2014 units
Sales Volume by Price Category 8% 57 % 36 %
ASP
2016
2017
Median
Median Selling Price vs. Average Selling Price vs. Total Units Sold
Under $1 Million
Average Selling Price
$1 Million to $5 Million
Median Sale Price
Over $5 Million
Total Units Sold
Los Feliz Q4 Market Update / Q4 Highlights / 4
2015
Comparison by Neighborhood Q4 | Greater Los Angeles
Median current quarter only Median current quarter only $7,000,000
$7,000,000 $6,000,000
$6,000,000 $5,000,000
$5,000,000 $4,000,000
$4,000,000 $3,000,000
$3,000,000 $2,000,000
$2,000,000 $1,000,000
$1,000,000 $-
Median Selling Price 2.4m $ 6.1m $ 3.4m $ 3.3m $ 0.4m $
Bel-Air | Holmby Hills Beverly Hills Beverly Hills Post Office Brentwood Downtown Los Angeles
1.7m $ 1.7m $ 2.4m $ 3.3m $ 3.5m $
Hancock Park / Wilshire Los Feliz Malibu Pacific Palisades Santa Monica
1.1m $1.8m $2.0m $1.7m $
West Hollywood Vicinity
Venice
Sunset Venice West Strip Hollywood Hollywood Vicinity Hills West
Sunset Strip - Hollywood Hills West
Silver Lake - Echo Park
Santa Silver Lake Monica - Echo Park
Santa Monica
Pacific Palisades
Pacific Palisades
Malibu
Malibu
Los Feliz
Downtown L.A.
Hancock Park - Wilshire
Beverly Brentwood Downtown Hancock Los Feliz Hills Post L.A. Park Office Wilshire
Brentwood
Beverly Hills
Beverly Hills Post Office
Holmby Hills
Beverly Hills
Bel Air - Holmby Hills
$- Bel Air -
Silver Lake | Echo Park Sunset Strip | Hollywood Hills Venice West Hollywood
at a glance {Q4 | 2017}
downtown los angeles
15.6
%
Change in Median Selling Price {2017 v 2016}
153 Average Days on Market
34 Units Sold
0.4m
$
Median Selling Price
ASP vs Closed Units
Average Selling Price | Total Units Sold 40
$500,000 $450,000
35
$400,000
30
$350,000
25
$300,000 $250,000
20
$200,000
15
$150,000
10
$100,000
5
$50,000 $-
0
2014
2015
2016
2017 Total Units Sold
Average Selling Price
About
Downtown Los Angeles Downtown L.A. offers urban living at its finest, and is the heart of L.A.’s art boom which has put the city on the world stage of contemporary art. Gleaming new landmark lofts, a central business district, and popular revolving art attract thousands of new residents to every year. sothebyshomes.com/dtla
Q4
Median Sale Price Closed Active Average Days Selling Price vs. List Price Units Inventory on Market
{2017 vs. 2016}
Change
15.6%
-
17.2%
70.8%
35.2%
2017
$376,750
-5.2%
34
41
153
2016
$326,000
-1.2%
29
24
113
2015
$304,892
-2.1%
24
32
100
2014
$232,500
1.1%
14
29
81
/
7 Downtown Los Angeles
/ Los Feliz
Q4 Market Update
ASP vs Closed Units
Average Selling Price | Total Units Sold $1,000,000
80
$900,000
70
$800,000
60
$700,000
50
$600,000
40
$500,000 $400,000
30
$300,000
20
$200,000
10
$100,000
0
$-
2014
2015
2016
Average Selling Price
2017 Total Units Sold
About
East Los Angeles Home to some of L.A.’s most animated restaurants and alluring shops, East Los Angeles boasts an abundance of beautiful homes a stone’s throw from Downtown Los Angeles that are increasing in value by the day.
Median Sale Price Closed Active Average Days Selling Price vs. List Price Units Inventory on Market {2017 vs. 2016}
Change
5.9%
-
34.6%
-3.0%
-41.9%
2017
$832,500
2.2%
70
32
53
2016
$786,315
4.2%
52
33
91
2015
$710,500
1.6%
46
39
74
2014
$633,000
2.1%
55
33
72
Los Feliz Q4 Market Update / East Los Angeles/ 8
at a glance {Q4 | 2017}
east los angeles ATWATER VILLAGE CYPRESS PARK EAGLE ROCK
5.9
%
GLASSELL PARK
Change in Median Selling Price
HIGHLAND PARK
{2017 v 2016}
HOLLYWOOD HILLS EAST LINCOLN HEIGHTS MT WASHINGTON
53 Average Days on Market
70 Units Sold
0.8m
$
Median Selling Price
Neighborhood Highlights
Atwater Village Eagle Rock
Atwater Village
Median Sales Price | Single Family over Five Years
Neighborhood Highlights
+6
$900,000
%
$800,000
Sale Price vs.List Price
$700,000
70
$600,000 $500,000
Average DOM
$400,000
23
$300,000 $200,000
Units
$100,000 $-
2014
2015
2016
2017
Eagle Rock
Median Sales Price | Single Family over Five Years
Neighborhood Highlights
+2
%
$900,000 $800,000
Sale Price vs.List Price
$700,000
53
$600,000 $500,000
Average DOM
$400,000
70
$300,000 $200,000
Units
$100,000 $-
2014
2015
2016
2017
Neighborhood Highlights Cypress Park Glassell Park
Cypress Park
Median Sales Price | Single Family over Five Years
Neighborhood Highlights $700,000
+1
%
$600,000
Sale Price vs.List Price
$500,000
102
$400,000 $300,000
Average DOM
6
$200,000 $100,000
Units
$-
2014
2015
2016
2017
Glassell Park
Median Sales Price | Single Family over Five Years
Neighborhood Highlights
-1
$800,000
%
$700,000
Sale Price vs.List Price
$600,000
75
$500,000 $400,000
Average DOM
$300,000
34
$200,000
Units
$100,000 $-
2014
2015
2016
2017
/
11 East Los Angeles
/ Los Feliz
Q4 Market Update
Neighborhood Highlights
Highland Park Lincoln Heights
Highland Park
Median Sales Price | Single Family over Five Years
Neighborhood Highlights
+5
$900,000
%
$800,000
Sale Price vs.List Price
$700,000
66
$600,000 $500,000
Average DOM
$400,000
58
$300,000 $200,000
Units
$100,000 $-
2014
2015
2016
2017
Lincoln Heights
Median Sales Price | Single Family over Five Years
Neighborhood Highlights $700,000
+5
$600,000
Sale Price vs.List Price
$500,000
83
%
$400,000
Average DOM
$300,000
7
$200,000
Units
$100,000 $-
2014 Los Feliz Q4 Market Update / East Los Angeles/ 12
2015
2016
2017
Neighborhood Highlights
Hollywood Hills East Mt. Washington
Hollywood Hills East
Median Sales Price | Single Family over Five Years
Neighborhood Highlights $1,600,000
-4
%
$1,400,000 $1,200,000
Sale Price vs.List Price
$1,000,000
95
$800,000
Average DOM
$600,000
36
$400,000 $200,000
Units
$-
2014
2015
2016
2017
Mt. Washington
Median Sales Price | Single Family over Five Years
Neighborhood Highlights
+12
$1,000,000
%
$900,000 $800,000
Sale Price vs.List Price
$700,000
66
$600,000 $500,000
Average DOM
$400,000
42
$300,000 $200,000
Units
$100,000 $-
2014
2015
2016
2017
at a glance {Q4 | 2017}
los feliz
-4.5
%
Change in Median Selling Price {2017 v 2016}
67 Average Days on Market
49 Units Sold
1.7m
$
Median Selling Price
ASP vs Closed Units
Average Selling Price | Total Units Sold 60
$2,500,000
50
$2,000,000
40 $1,500,000 30 $1,000,000 20 $500,000
10
0
$-
2014
2015
2016
2017 Total Units Sold
Average Selling Price
About
Los Feliz Los Feliz is a creative neighborhood with an independent vibe all its own. This historic neighborhood is steeped in architectural history, boasting homes designed by Richard Neutra, John Lautner, and Frank Lloyd Wright. sothebyshomes.com/losfeliz
Q4
Median Sale Price Closed Active Average Days Selling Price vs. List Price Units Inventory on Market
{2017 vs. 2016}
Change
-4.5%
-
8.9%
15.8%
-25.1%
2017
$1,720,000
1.2%
49
66
67
2016
$1,801,000
0.1%
45
57
89
2015
$1,539,500
-3.6%
44
61
89
2014
$1,278,600
2.3%
57
55
85
/
15 Los Feliz
/ Los Feliz Q4 Market Update
ASP vs Closed Units
Average Selling Price | Total Units Sold 120
$1,400,000 $1,200,000
100
$1,000,000
80
$800,000 60 $600,000 40
$400,000
20
$200,000
0
$-
2014
2015
2016
2017 Total Units Sold
Average Selling Price
About
Silver Lake/Echo Park Rock ‘n’ roll attitudes contrast the refined and modern homes of Silver Lake. This hilly neighborhood is one of L.A.’s most walkable areas and is home of its namesake reservoir and cutting-edge music scene. sothebyshomes.com/silverlake
Q4
Median Sale Price Closed Active Average Days Selling Price vs. List Price Units Inventory on Market
{2017 vs. 2016}
Change
18.3%
-
27.6%
19.4%
-24.8%
2017
$1,060,642
6.2%
97
80
67
2016
$896,447
5.5%
76
67
89
2015
$849,000
1.9%
96
82
81
2014
$750,000
1.4%
83
55
75
Los Feliz Q4 Market Update / Silver Lake | Echo Park / 16
at a glance {Q4 | 2017}
silver lake / echo park
18.3
%
Change in Median Selling Price {2017 v 2016}
67 Average Days on Market
97 Units Sold
1.1m
$
Median Selling Price
at a glance {Q4 | 2017}
sunset strip / hollywood hills
6.9
%
Change in Median Selling Price {2017 v 2016}
102 Average Days on Market
121 Units Sold
1.8m
$
Median Selling Price
ASP vs Closed Units
Average Selling Price | Total Units Sold 140
$2,450,000 $2,400,000
120
$2,350,000 100
$2,300,000 $2,250,000
80
$2,200,000 60
$2,150,000 $2,100,000
40
$2,050,000 20
$2,000,000
0
$1,950,000
2014
2015
2016
2017 Total Units Sold
Average Selling Price
About
Sunset Strip/Hollywood Hills Hollywood’s fame is rooted in its cultural identity, peerless entertainment industry, and historical significance as the origin of American cinema. Get a perfect martini at Musso & Frank’s, which has been serving drinks since 1919 to the likes of Charlie Chaplin and William Faulkner, and then stroll down to the Roosevelt Hotel for a nightcap.
Q4
Median Sale Price Closed Active Average Days Selling Price vs. List Price Units Inventory on Market
{2017 vs. 2016}
Change
6.9%
-
36.0%
31.0%
12.3%
2017
$1,844,250
1.1%
121
300
102
2016
$1,725,000
-1.4%
89
229
91
2015
$1,692,500
-1.9%
112
209
90
2014
$1,832,038
-6.2%
100
191
100
/
19 Sunset Strip| Hollywood Hills
/ Los Feliz Q4 Market Update
Only With Us onlywithus.com
global reach brand heritage extraordinary marketing pr powerhouse proven results
UPCOMING AUCTIONS ARIZONA 18-19 JAN PARIS 7 FEB AMELIA ISLAND 10 MARCH FORT LAUDERDALE 6-7 APRIL AUBURN SPRING 10-12 MAY MONACO 12 MAY CALIFORNIA LATE JUNE MONTEREY 24-25 AUG AUBURN FALL 30 AUG - 2 SEPT HERSHEY 11-12 OCT LONDON LATE OCTOBER
INQUIRIES: 1 800 211 4371