Q2 | 2018
Los Feliz
Market Update
SILVER LAKE
sothebyshomes.com/ 0287477 Offered at $1,599,000
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 $2,795,000
LAUGHLIN PARK
Sold for $3,985,000 ALTADENA
Sold for $2,795,000 SILVER LAKE
Sold for $1,499,000 EAGLE ROCK
Sold for $649,000
*in order from left to right, top to bottom
sothebyshomes.com/losfeliz
Market Snapshot
Q2 | Greater Los Angeles
Sold Volume - all areas by price
Below $1M UnitsvsvsMSP MSPvsvsASP ASP Units
13 130
$3,000,000 $3,000,000
$5M and Above
12 125
$2,500,000 $2,500,000
12 120
$2,000,000 $2,000,000
11 115
$1M - $5M
$1,500,000 $1,500,000
11 110 $1,000,000 $1,000,000
105 10
$500,000 $500,000
100 10
$-$-
950 95
2015 2015
2016 2016 units units
Below $1M
$1M - $5M
ASP ASP
2018 2018
Median Median
$5M and Above
Sales Volume by Price Category 23 % 66% 10 %
2017 2017
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 Q2 Market Update / Q2 Highlights / 4
Comparison by Neighborhood Q2 | Greater Los Angeles
Median - current quarter only
Median Median- -current currentquarter quarteronly only
$7,000,000
$7,000,000 $7,000,000 $6,000,000
$6,000,000 $6,000,000 $5,000,000
$5,000,000 $5,000,000
$4,000,000
$4,000,000 $4,000,000
$3,000,000
$3,000,000 $3,000,000
$2,000,000
$2,000,000 $2,000,000
$1,000,000 $1,000,000 $1,000,000
2.2m $ 5.8m $ 2.7m $ 3.1m $ 0.4m $
Bel-Air | Holmby Hills Beverly Hills Beverly Hills Post Office Brentwood Downtown Los Angeles
1.7m $ 1.9m $ 3.4m $ 3.4m $ 3.1m $
Hancock Park / Wilshire Los Feliz Malibu Pacific Palisades Santa Monica
1.0m $ 1.8m $ 2.3m $ 1.7m
$
West Hollywood Vicinity West Hollywood Vicinity
Venice Venice
Sunset Strip - Hollywood Hills West Sunset Strip - Hollywood Hills West
Median Selling Price
Silver Lake - Echo Park Silver Lake - Echo Park
Venice West Santa Silver Lake Sunset Echo Park Strip Hollywood Monica - Echo Hollywood Vicinity Hills West West
Santa Monica Santa Monica
Pacific Palisades
Pacific Palisades Pacific Palisades
Malibu
Malibu Malibu
Los Los Feliz Feliz
Hancock HancockPark Park --Wilshire Wilshire
Downtown Downtown L.A. L.A.
Brentwood Brentwood
Brentwood Downtown Hancock Los Feliz Beverly Brentwood Hills L.A. Park Hills Post Post Office Wilshire
Beverly BeverlyHills HillsPost Post Office Office
Beverly Hills
Beverly Beverly Hills Hills
Bel Air Holmby Hills
Bel BelAir Air--Holmby Holmby Hills Hills
$-$-$-
Silver Lake | Echo Park Sunset Strip | Hollywood Hills Venice West Hollywood
at a glance {Q2 | 2018}
downtown los angeles
4.5
%
Change in Median Selling Price {2018 v 2017}
78 Average Days on Market
24 Units Sold
0.4m
$
Median Selling Price
ASP vs Closed Units
Average Selling Price | Total Units Sold $600,000
35 30
$500,000
25 $400,000 20 $300,000 15 $200,000 10 $100,000
5
$-
0
2015
2016
2017
2018 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
Q2
Median Sale Price Closed Active Average Days Selling Price vs. List Price Units Inventory on Market
{2018 vs. 2017}
Change
4.5%
-
-11.1%
-24.2%
-13.2%
2018
$410,000
-2.4%
24
25
78
2017
$392,500
-1.6%
27
33
90
2016
$285,750
-5.4%
32
29
118
2015
$305,000
1.7%
25
28
79
/
7 Downtown Los Angeles
/ Los Feliz
Q2 Market Update
ASP vs Closed Units Units Sold Average Selling Price | Total
$1,200,000
400 350
$1,000,000
300
$800,000
250
$600,000
200 150
$400,000
100
$200,000
50
$-
0
2015
2016
2017
Average Selling Price
2018
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 {2018 vs. 2017}
Change
16.2%
-
-24.5%
-3.0%
-3%
2018
$902,500
-6%
278
32
68
2017
$777,000
-4%
368
33
70
2016
$750,000
-2%
290
39
74
2015
$660,000
-2%
291
33
73
Los Feliz Q2 Market Update / East Los Angeles/ 8
at a glance {Q2 | 2018}
east los angeles ATWATER VILLAGE CYPRESS PARK EAGLE ROCK
14
%
GLASSELL PARK
Change in Median Selling Price
HIGHLAND PARK
{2017 v 2016}
HOLLYWOOD HILLS EAST LINCOLN HEIGHTS MT WASHINGTON
69 Average Days on Market
278 Units Sold
0.9m
$
Median Selling Price
Neighborhood Highlights
Atwater Village Eagle Rock
Atwater Village
Median Sales Price | Single Family over Five Years
Neighborhood Highlights
15
$1,000,000
%
$900,000 $800,000
Sale Price vs.List Price
$700,000
42
$600,000 $500,000
Average DOM
$400,000
18
$300,000 $200,000
Units
$100,000 $-
2015
2016
2017
2018
Eagle Rock
Median Sales Price | Single Family over Five Years
Neighborhood Highlights
2
$950,000
%
$900,000
Sale Price vs.List Price
66
$850,000 $800,000
Average DOM
47
$750,000 $700,000
Units
$650,000
2015
2016
2017
2018
Neighborhood Highlights Cypress Park Glassell Park
Cypress Park
Median Sales Price | Single Family over Five Years
Neighborhood Highlights $800,000
0
%
$700,000 $600,000
Sale Price vs.List Price
$500,000
61
$400,000
Average DOM
$300,000
5
$200,000 $100,000
Units
$-
2015
2016
2017
2018
Glassell Park
Median Sales Price | Single Family over Five Years
Neighborhood Highlights $1,000,000
10
%
$900,000 $800,000
Sale Price vs.List Price
$700,000
75
$600,000 $500,000 $400,000
Average DOM
$300,000
43
$200,000 $100,000
Units
$-
2015
2016
2017
2018
/
11 East Los Angeles
/ Los Feliz
Q2 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
72
$600,000 $500,000
Average DOM
$400,000
63
$300,000 $200,000
Units
$100,000 $-
2015
2016
2017
2018
Lincoln Heights
Median Sales Price | Single Family over Five Years
Neighborhood Highlights
5
$800,000
%
$700,000
Sale Price vs.List Price
$600,000
76
$500,000 $400,000
Average DOM
$300,000
11
$200,000
Units
$100,000 $-
2015 Los Feliz Q2 Market Update / East Los Angeles/ 12
2016
2017
2018
Neighborhood Highlights
Hollywood Hills East Mt. Washington
Hollywood Hills East
Median Sales Price | Single Family over Five Years
Neighborhood Highlights $1,550,000
0
%
$1,500,000 $1,450,000
Sale Price vs.List Price
$1,400,000
75
$1,350,000
Average DOM
$1,300,000
48
$1,250,000 $1,200,000
Units
$1,150,000
2015
2016
2017
2018
Mt. Washington
Median Sales Price | Single Family over Five Years
Neighborhood Highlights $1,000,000
12
%
$900,000 $800,000
Sale Price vs.List Price
$700,000
59
$600,000 $500,000 $400,000
Average DOM
$300,000
43
$200,000 $100,000
Units
$-
2015
2016
2017
2018
at a glance {Q2 | 2018}
los feliz
16.4
%
Change in Median Selling Price {2018 v 2017}
77 Average Days on Market
60 Units Sold
1.9m
$
Median Selling Price
ASP vs Closed Units
Average Selling Price | Total Units Sold $2,500,000
80 70
$2,000,000 60 50
$1,500,000
40 $1,000,000
30 20
$500,000 10 $-
0
2015
2016
2017
2018 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
Q2
Median Sale Price Closed Active Average Days Selling Price vs. List Price Units Inventory on Market
{2018 vs. 2017}
Change
16.4%
-
-14.3%
-41.0%
6.4%
2018
$1,902,500
5.9%
60
36
77
2017
$1,635,000
2.8%
70
61
72
2016
$1,447,000
0.8%
57
35
92
2015
$1,313,000
6.0%
64
57
66
/
15 Los Feliz
/ Los Feliz Q2 Market Update
ASP vs Closed Units
Average Selling Price | Total Units Sold $1,400,000
12 0
$1,200,000
100
$1,000,000 80 $800,000 60 $600,000 40 $400,000 20
$200,000 $-
0
2015
2016
2017
2018 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
Q2
Median Sale Price Closed Active Average Days Selling Price vs. List Price Units Inventory on Market
{2018 vs. 2017}
Change
10.5%
-
-26.1%
-28.8%
-28.3%
2018
$1,048,500
6.0%
82
42
54
2017
$949,000
5.6%
111
59
76
2016
$932,500
3.7%
80
43
76
2015
$786,143
2.5%
86
55
77
Los Feliz Q2 Market Update / Silver Lake | Echo Park / 16
at a glance {Q2 | 2018}
silver lake / echo park
10.5
%
Change in Median Selling Price {2018 v 2017}
54 Average Days on Market
82 Units Sold
1.0m
$
Median Selling Price
at a glance {Q2 | 2018}
sunset strip / hollywood hills
-6.5
%
Change in Median Selling Price {2018 v 2017}
92 Average Days on Market
126 Units Sold
1.8m
$
Median Selling Price
ASP vs Closed Units
Average Selling Price | Total Units Sold $3,000,000
160 140
$2,500,000
12 0 $2,000,000
100
$1,500,000
80 60
$1,000,000
40 $500,000
20
$-
0
2015
2016
2017
2018 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. sothebyshomes.com/sunsetstrip
Q2
Median Sale Price Closed Active Average Days Selling Price vs. List Price Units Inventory on Market
{2018 vs. 2017}
Change
-6.5%
-
3.3%
-49.2%
-10.0%
2018
$1,810,000
-3.6%
126
100
92
2017
$1,935,000
-2.9%
122
197
103
2016
$1,826,000
1.5%
97
182
92
2015
$1,650,000
-0.5%
142
206
84
/
19 Sunset Strip| Hollywood Hills
/ Los Feliz Q2 Market Update
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