Year End Update | 2018
Los Feliz
Market Update
ALTADENA
sothebyshomes.com/0278391 Sold at $2,525,000
Significant Sales We invite you to explore our exclusive offerings at S OT HEBYSHOME S.C OM
ANGELINO HEIGHTS
Sold for $1,710,000
LOS FELIZ
Sold for $2,685,000 SILVER LAKE
Sold for $2,310,000 LOS FELIZ
Sold for $1,836,535 EAGLE ROCK
Sold for $2,300,000
*in order from left to right, top to bottom
sothebyshomes.com
Market Snapshot
Year End Update | Greater Los Angeles
Sold Units - all areas by price
Units vs MSP vs ASP $3,000,000
$5M and Above
5000 4500
$2,500,000
Below $1M
4000 3500
$2,000,000
3000 $1,500,000
2500 2000
$1,000,000
$1M - $5M
1500 1000
$500,000
500 $-
0
2015
2016 units
Below $1M
$1M - $5M
ASP
2018
Median
$5M and Above
Sold Units by Price Category 30 % 62% 8%
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 Year End Market Update / Highlights / 4
Comparison by Neighborhood Year End Update | Greater Los Angeles
Median - current quarter only $7,000,000
Median - current quarter only
$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
West Hollywood Vicinity
Venice
Sunset Strip - Hollywood Hills West
Silver Lake - Echo Park
Pacific Palisades
Santa Monica
Malibu
Pacific Palisades
Beverly Brentwood Brentwood Downtown Hancock Los Feliz Beverly Beverly Hills Hills L.A. Park HillsPost Post Office Office Wilshire
Malibu
Los Feliz
Hancock Park - Wilshire
Downtown L.A.
Brentwood
Beverly Hills Post Office
Bel Air Holmby Hills
Beverly Hills
$-
Bel Air - Holmby Hills
$-
Venice West Santa Silver Lake Sunset Echo Park Strip Hollywood Monica - Echo Hollywood Vicinity Hills West West
Median Selling Price 2.6m $ 5.7m $ 2.9m $ 3.0m $ 0.4m $
Bel-Air | Holmby Hills Beverly Hills Beverly Hills Post Office Brentwood Downtown Los Angeles
1.8m $ 1.8m $ 2.9m $ 3.3m $ 2.9m $
Hancock Park / Wilshire Los Feliz Malibu Pacific Palisades Santa Monica
1.1m $ 1.9m $ 2.2m $ 1.m $
Silver Lake | Echo Park Sunset Strip | Hollywood Hills Venice West Hollywood
at a glance {Year End Update | 2018}
downtown los angeles
3
%
Change in Median Selling Price {2018 v 2017}
59 Average Days on Market
426 Units Sold
662k
$
Median Selling Price
*DATA FOR CONDOMINIUM SALES
ASP vs Closed Units Average Selling Price | Total Units Sold $780,000
600
$760,000 500
$740,000 $720,000
400
$700,000 $680,000
300
$660,000 200
$640,000 $620,000
100
$600,000 $580,000
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 a popular revolving art scene attract thousands of new residents every year. sothebyshomes.com
Median Selling Price
Sale Price vs. List Price
Closed Units
Average Days on Market
3%
-
-11.6%
0%
2018
$662,000
98%
426
59
2017
$615,000
97%
482
59
2016
$587,750
97%
374
74
{2018 vs. 2017}
/
7 Downtown Los Angeles
/ Los Feliz Year End Market Update
ASP vs Closed Units
Average Selling Price | Total Units Sold $1,200,000
1,400 1,200
$1,000,000
1,000
$800,000
800 $600,000 600 $400,000
400
$200,000
200
$-
0
2015
2016
2017
Average Selling Price
2018 Total Units Sold
About
North East Los Angeles Home to some of L.A.’s most animated restaurants and alluring shops, North 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. sothebyshomes.com
Median Selling Price
Sale Price vs. List Price
Closed Units
Average Days on Market
11.8%
-
-20.6%
-5%
2018
$921,000
-2%
951
67
2017
$824,000
-3%
1,197
71
2016
$760,000
-1%
1,173
74
{2018 vs. 2017}
Los Feliz Year End Market Update / North East Los
at a glance {Year End Update | 2018}
north east los angeles ATWATER VILLAGE CYPRESS PARK EAGLE ROCK
11.8
%
GLASSELL PARK
Change in Median Selling Price
HIGHLAND PARK
{2018 v 2017}
HOLLYWOOD HILLS EAST LINCOLN HEIGHTS MT WASHINGTON GLENDALE
67 Average Days on Market
951 Units Sold
921k
$
Median Selling Price
Neighborhood Highlights
Atwater Village Eagle Rock
Atwater Village
Median Sales Price | Single Family over Four Years
ASP vs Closed Units
$1,200,000
90 80
$1,000,000
70
$800,000
107
%
Sale Price vs.List Price
60 50
$600,000
40
$400,000 $200,000
30
Average DOM
20
72
10
$-
0
2015
2016
2017
32 Units
2018
Eagle Rock
ASP vs Closed Units Median Sales Price | Single Family over Four Years
$1,000,000
250
$900,000 $800,000
200
$700,000 $600,000
150
$500,000 $400,000
%
Sale Price vs.List Price
37
100
Average DOM
50
170
$300,000 $200,000
104
$100,000
Units
$-
0
2015
2016
2017
2018
Neighborhood Highlights Cypress Park Glassell Park
Cypress Park
vs over Closed Median Sales Price | SingleASP Family FourUnits Years
$700,000
30
$600,000
25
99
%
Sale Price vs.List Price
$500,000
20
$400,000 15 $300,000 10
$200,000
5
$100,000 $-
0
2015
2016
2017
33 Average DOM
15 Units
2018
Glassell Park
Median Sales Price | SingleASP Family over Four Years vs Closed Units
$1,000,000
160
$900,000
140
$800,000
120
$700,000
100
$600,000 $500,000
80
$400,000
60
$300,000
40
$200,000
20
$100,000
104
%
Sale Price vs.List Price
42 Average DOM
133 Units
$-
0
2015
2016
2017
/
2018
11 North East Los Angeles
/ Los Feliz Year End Market Update
Neighborhood Highlights
Highland Park Lincoln Heights
Highland ParkASP vs Closed Units
Median Sales Price | Single Family over Four Years
$900,000
330
$800,000
320
104
%
Sale Price vs.List Price
$700,000 310
$600,000 $500,000
300
$400,000
290
$300,000
280
$200,000 270
$100,000 $-
38 Average DOM
319 Units
260
2015
2016
2017
2018
Lincoln Heights ASP vs Closed Units
Median Sales Price | Single Family over Four Years
$700,000
50 45
$600,000
40
$500,000
35 30
$400,000
25 $300,000
20 15
$200,000
10
$100,000
5
$-
0
2015
2016
Los Feliz Year End Market Update / North East Los Angeles / 12
2017
2018
102
%
Sale Price vs.List Price
49 Average DOM
40 Units
Neighborhood Highlights
Hollywood Hills East Mt. Washington
Hollywood Hills ASP vs East Closed Units
Median Sales Price | Single Family over Four Years
$1,800,000
160
$1,600,000
155
$1,400,000
150
$1,200,000
145
$1,000,000
140
$800,000
135
$600,000
130
$400,000
125
$200,000 $-
99%
%
Sale Price vs.List Price
53 Average DOM
155 Units
120
2015
2016
2017
2018
Mt. Washington ASP vs Closed Units
Median Sales Price | Single Family over Four Years $1,200,000
180 160
$1,000,000
140
$800,000
120 100
$600,000
80
$400,000
60 40
$200,000
20
$-
0
2015
2016
2017
2018
106% Sale Price vs.List Price
32 Average DOM
162 Units
at a glance
{Year End Market Update | 2018}
los feliz
8
%
Change in Median Selling Price {2018 v 2017}
48 Average Days on Market
197 Units Sold
1.8m
$
Median Selling Price
ASP vs Closed Units
$2,500,000
Average Selling Price | Total Units Sold
225 220
$2,000,000
215 210
$1,500,000
205 200
$1,000,000
195 190
$500,000
185 $-
180
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
Median Selling Price
Sale Price vs. List Price
Closed Units
Average Days on Market
8%
-
-6%
-13%
2018
$1,805,000
101%
197
48
2017
$1,670,000
98%
209
55
2016
$1,529,000
99%
212
58
{2018 vs. 2017}
/
15 Los Feliz
/ Los Feliz Year End Market Update
ASP vs Closed Units
$1,400,000
Average Selling Price | Total Units Sold
390
$1,200,000
380
$1,000,000
370
$800,000
360
$600,000
350
$400,000
340
$200,000
330
$-
320
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
Median Selling Price
Sale Price vs. List Price
Closed Units
Average Days on Market
5%
-
-9%
-4%
2018
$1,050,000
104%
345
43
2017
$1,000,000
103%
379
45
2016
$907,500
103%
362
53
{2018 vs. 2017}
Los Feliz Year End Market Update / Silver Lake | Echo Park / 16
at a glance
{Year End Market Update | 2018}
silver lake / echo park
5
%
Change in Median Selling Price {2018 v 2017}
43 Average Days on Market
345 Units Sold
1.05m
$
Median Selling Price
at a glance
{Year End Market Update | 2018}
sunset strip / hollywood hills
3.5
%
Change in Median Selling Price {2018 v 2017}
71 Average Days on Market
407 Units Sold
1.9m
$
Median Selling Price
ASP vs Closed Units
Average Selling Price | Total Units Sold $2,800,000
480
$2,700,000
460
$2,600,000 440
$2,500,000 $2,400,000
420
$2,300,000
400
$2,200,000 380
$2,100,000 $2,000,000
360
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
Median Selling Price
Sale Price vs. List Price
Closed Units
Average Days on Market
3.5%
-
-14%
4%
2018
$1,868,000
96%
407
71
2017
$1,805,000
97%
474
68
2016
$1,800,000
96%
416
75
{2018 vs. 2017}
/
19 Sunset Strip| Hollywood Hills
/ Los Feliz Year End Market Update
ASP vs Closed Units Average Selling Price | Total Units Sold $1,200,000
600 580
$1,000,000
560 $800,000
540
$600,000
520 500
$400,000
480 $200,000
460
$-
440
2015
2016
2017
2018 Total Units Sold
Average Selling Price
About
Glendale Only minutes from downtown Los Angeles, Pasadena, Burbank and Hollywood, Glendale is the fourth largest city in LA County. With it’s well-maintained streets, central location, local transporation and outstanding schools, Glendale continues to grow as a community focused neighborhood of LA. sothebyshomes.com
Median Selling Price
Sale Price vs. List Price
Closed Units
Average Days on Market
10%
-
-15%
0%
2018
$1,047,000
100%
498
46
2017
$950,000
100%
589
46
2016
$865,000
100%
568
50
{2018 vs. 2017}
Los Feliz Year End Market Update / Glendale / 20
at a glance
{Year End Market Update | 2018}
glendale
10
%
Change in Median Selling Price {2018 v 2017}
46 Average Days on Market
498 Units Sold
1
$ m Median Selling Price
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