Greater Los Angeles Market Update | 3-Month Ending May 2014 by Sotheby's International Realty, Inc

Malibu, CA | web: 0308014

Greater Los Angeles Market Update 3-Month Ending May 2014

TABLE OF CONTENTS MARKET AREA

PGS.

Bel Air - Holmby Hills

4-5

MARKET AREA

PGS.

Marina Del Rey 36-37

Beverly Center - Miracle Mile 6-7

Mid Los Angeles

38-39

Beverly Hills

Mid Wilshire

40-41

8-9

Beverly Hills Post Office

10-11

Mount Washington 42-43

Beverlywood

12-13

Pacific Palisades 44-45

14-15

Palms - Mar Vista 46-47

Cheviot Hills - Rancho Park 16-17

Playa Del Rey 48-49

Culver City 18-19

Playa Vista

Downtown Los Angeles

20-21

Santa Monica 52-53

Eagle Rock

22-23

Silverlake - Echo Park 54-55

Brentwood

50-51

Hancock Park 24-25

Sunset Strip - Hlwd Hills

56-57

Hollywood 26-27

Venice

58-59

Hollywood Hills East

28-29

West Hollywood

60-61

Los Feliz

30-31

West Los Angeles

62-63

Malibu 32-33 Malibu Beach

Westwood - Century City 64-65

34-35

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BEL AIR - HOLMBY HILLS

SINGLE FAMILY HOME SALES

Bel Air is encompassed by a prestigious and well-known pocket of Los Angeles known as the Golden Triangle, including Bel Air, Beverly Hills and Holmby Hills. Bel Air real estate is tucked along the foothills of a section of the Santa Monica Mountains on the north side and borders UCLA and Sunset Boulevard to the south. Bel Air is approx. 12 miles from Downtown LA, minutes from the 405 freeway and close to the quaint Bel Air Hotel, yet it provides a feeling of serenity and ever sought-after escape from metropolitan life. Homes vary from original ranch style and modest one half stories to mansions with gorgeous views of the canyon and city lights. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$9,165,826

$707,967

$1,669,800

$17,272,529

$936.29

$647.53

$608.97

$1,090.08

$7,957,351

$694,333

$1,685,300

$14,773,223 $993.08

$871.87

$635.06

$614.62

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

6.5

5.0

4.6

8.5

87%

98%

101%

86%

ALL

< $1M

$1M - $3M

> $3M

$3,171,735

$818,780

$1,673,231

$9,420,800

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$939.02

$415.31

$600.90

$1,550.92

$3,082,793

$783,041

$1,687,811

$9,009,500 $1,481.59

$912.70

$397.18

$606.14

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

4.8

1.2

2.4

14.7

97%

96%

101%

96%

ALL

< $1M

$1M - $3M

> $3M

189%

-14%

83%

56%

-30%

158%

-11%

64%

-4%

60%

-33%

-24%

-70%

-42%

70%

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL SFH SOLD

25%

10%

-2%

AVERAGE MONTHLY SUPPLY OF INVENTORY

35%

317%

90%

-42%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-11%

TOTAL SFH FOR SALE AT END OF PERIOD

(Source: MLS/CLAW)

BEL AIR - HOLMBY HILLS

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Bel Air - Holmby Hills there were 15 single family home sales in May 2014, up from 10 in May 2013 and a 400% increase from the 3 sales closed last month. The average list price for single family home sales in May 2014 was $7,095,867 compared to $3,031,000 for May 2013, representing a 134% increase. For the three-month period from March to May 2014, the average list price was 189% higher than the same period of the prior year. Average sales price for May 2014 was $6,274,953, compared to that of March through May 2014, which was $7,957,351. Comparing May 2014 to April 2014, Bel Air - Holmby Hills saw a 17% decrease in average sale price, but a 107% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

AVERAGE LIST PRICE

MAR - MAY 2014

> $3M $-

AVERAGE LIST PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

ALL

< $1M

$1M - $3M

> $3M

$599,000

$360.41

$610,500

$367.33

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

102%

> $3M

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-100%

AVERAGE LIST PRICE PER SQUARE FOOT

-100%

AVERAGE SOLD PRICE

-100%

AVERAGE SOLD PRICE PER SQUARE FOOT

-100%

TOTAL CONDOS SOLD

-100%

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

BEVERLY CENTER - MIRACLE MILE

SINGLE FAMILY HOME SALES

The Beverly Center-Miracle Mile area of Los Angeles, known for its original Spanish two-story homes, duplexes and single-family homes, borders the Mid Los Angeles and Fairfax Districts as well as Hancock Park. The many original Spanish two-story homes, duplexes and single-family homes make up one of the city’s most densely populated and commercial sections. The area is home to the world-famous Los Angeles County Museum of Modern Art (LACMA), the La Brea Tar Pits and the Petersen Automotive Museum, which all make up Museum Row. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,412,898

$844,993

$1,586,886

$3,100,000

$622.30

$582.15

$632.90

$1,402,769

$840,261

$1,574,377

$3,100,000

$619.76

$578.89

$630.54

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.4

1.1

2.9

3.0

99%

100%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013

ALL

< $1M

$1M - $3M

> $3M

$1,150,563

$787,641

$1,407,265

$558.39

$436.85

$636.99

$1,154,347

$787,653

$1,413,716

$561.16

$436.86

$641.55

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.6

0.7

2.3

100%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

23%

13%

AVERAGE LIST PRICE PER SQUARE FOOT

11%

33%

-1%

AVERAGE SOLD PRICE

22%

11%

AVERAGE SOLD PRICE PER SQUARE FOOT

10%

33%

-2%

TOTAL SFH SOLD

-27%

-52%

-12%

-29%

13%

AVERAGE MONTHLY SUPPLY OF INVENTORY

48%

29%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

TOTAL SFH FOR SALE AT END OF PERIOD

(Source: MLS/CLAW)

CONDOMINIUM SALES

BEVERLY CENTER - MIRACLE MILE

MAY MARKET OVERVIEW In Beverly Center - Miracle Mile there were 21 single family home sales in May 2014, down from 31 in May 2013 and a 62% increase from the 13 sales closed last month. The average list price for single family home sales in May 2014 was $1,438,810 compared to $1,227,756 for May 2013, representing a 17% increase. For the three-month period from March to May 2014, the average list price was 23% higher than the same period of the prior year. Average sales price for May 2014 was $1,411,456, compared to that of March through May 2014, which was $1,402,769. Comparing May 2014 to April 2014, Beverly Center - Miracle Mile saw a 5% decrease in average sale price, but a 16% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$711,318

$671,043

$1,174,475

AVERAGE LIST PRICE PER SQUARE FOOT

$503.18

$485.77

$652.12

AVERAGE SOLD PRICE

$701,480

$662,478

$1,150,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$496.62

$480.03

$638.53

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

99%

98%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$571,471

AVERAGE LIST PRICE PER SQUARE FOOT

$458.41

AVERAGE SOLD PRICE

$559,353

AVERAGE SOLD PRICE PER SQUARE FOOT

$448.69

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.8

98%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

24%

17%

AVERAGE LIST PRICE PER SQUARE FOOT

10%

AVERAGE SOLD PRICE

25%

18%

AVERAGE SOLD PRICE PER SQUARE FOOT

11%

47%

35%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

BEVERLY HILLS

SINGLE FAMILY HOME SALES Beverly Hill, located within the Golden Triangle, is nestle up against the foothills of the Santa Monica Mountains on the north side. Beverly Hills is bordered by Westwood Village and Century City on the west, West Hollywood and Fairfax District on the east, and Los Angeles City and the 10 freeway on the South. Rodeo Drive between Wilshire Boulevard and Sunset Boulevard include not only the ultimate shopping mecca, but an area of large homes referred to as the Flats,. The blocks were designed by landscape architect William D. Cook, with large lots and wide curving streets lined with palm, eucalyptus and acacia trees and a three-block 80-foot-wide park running along Santa Monica Boulevard. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$5,736,292

$2,113,611

$7,909,900

$1,323.79

$803.60

$1,508.97

$5,460,604

$2,137,637

$7,454,383

$1,268.68

$813.25

$1,430.81

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

3.7

1.5

5.0

95%

101%

94%

ALL

< $1M

$1M - $3M

> $3M

$4,914,721

$800,000

$1,862,214

$6,378,778

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$1,145.05

$459.51

$740.84

$1,238.61

$4,824,207

$804,000

$1,854,092

$6,249,264

$1,123.97

$461.80

$737.61

$1,213.46

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

4.5

3.0

5.3

98%

101%

100%

98%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

17%

-100%

13%

24%

AVERAGE LIST PRICE PER SQUARE FOOT

16%

-100%

22%

AVERAGE SOLD PRICE

13%

-100%

15%

19%

AVERAGE SOLD PRICE PER SQUARE FOOT

13%

-100%

10%

18%

TOTAL SFH SOLD

-100%

29%

-6%

TOTAL SFH FOR SALE AT END OF PERIOD

-17%

-36%

-12%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-19%

-50%

-6%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-3%

-100%

-4%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

(Source: MLS/CLAW)

BEVERLY HILLS

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Beverly Hills there were 18 single family home sales in May 2014, up from 17 in May 2013 and a 5% decrease from the 19 sales closed last month. The average list price for single family home sales in May 2014 was $6,616,555 compared to $5,251,471 for May 2013, representing a 26% increase. For the three-month period from March to May 2014, the average list price was 17% higher than the same period of the prior year. Average sales price for May 2014 was $6,314,597, compared to that of March through May 2014, which was $5,460,604. Comparing May 2014 to April 2014, Beverly Hills saw a 36% increase in average sale price, and a 21% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$1,244,937

$792,556

$1,761,943

$661.09

$519.24

$785.50

$1,216,113

$779,281

$1,715,350

$644.54

$510.54

$762.07

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

98%

97%

ALL

< $1M

$1M - $3M

> $3M

$1,375,775

$762,000

$1,380,333

$8,400,000

$695.43

$483.30

$602.34

$1,917.15

$1,269,095

$732,165

$1,334,933

$6,950,000

$641.08

$463.88

$582.53

$1,586.21

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.7

1.6

1.5

92%

96%

97%

83%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-10%

28%

-100%

AVERAGE LIST PRICE PER SQUARE FOOT

-5%

30%

-100%

AVERAGE SOLD PRICE

-4%

28%

-100%

AVERAGE SOLD PRICE PER SQUARE FOOT

10%

31%

-100%

-25%

-30%

-7%

-100%

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

BEVERLY HILLS POST OFFICE

SINGLE FAMILY HOME SALES

Beverly Hills Post Office is home to grand estates, mansions and large traditional homes as well as some of the most celebrated gated communities in the area, including Mulholland Estates, The Summit, Beverly Ridge Estates and perhaps the most famous, Beverly Park. Lying outside of the City of Beverly Hills limits, Beverly Hills Post Office is part of Los Angeles, but is assigned to use the postal services of Beverly Hills, which started in the early 1960s. Within the area some of the most desired grand estates, mansions and large traditional homes in all of Southern California can be found. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$4,109,773

$883,500

$2,119,500

$7,901,750

$869.85

$626.82

$662.82

$1,055.13

$3,812,580

$884,750

$2,035,871

$7,209,602 $988.28

$822.97

$627.70

$636.67

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

5.7

2.3

4.8

7.9

93%

100%

96%

91%

ALL

< $1M

$1M - $3M

> $3M

$3,018,896

$924,500

$1,998,151

$5,932,231

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$676.73

$508.53

$604.05

$770.91

$2,880,958

$905,000

$1,912,325

$5,643,791 $734.08

$645.87

$497.80

$577.48

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

5.1

3.0

3.2

10.4

95%

98%

96%

95%

ALL

< $1M

$1M - $3M

> $3M 33%

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

36%

-4%

AVERAGE LIST PRICE PER SQUARE FOOT

29%

23%

10%

37%

AVERAGE SOLD PRICE

32%

-2%

28%

AVERAGE SOLD PRICE PER SQUARE FOOT

27%

26%

10%

35%

TOTAL SFH SOLD

-8%

100%

-27%

23%

50%

-7%

AVERAGE MONTHLY SUPPLY OF INVENTORY

10%

-25%

49%

-24%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-3%

-4%

TOTAL SFH FOR SALE AT END OF PERIOD

(Source: MLS/CLAW)

BEVERLY HILLS POST OFFICE

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Beverly Hills Post Office there were 15 single family home sales in May 2014, up from 13 in May 2013 and a 12% decrease from the 17 sales closed last month. The average list price for single family home sales in May 2014 was $2,226,933 compared to $3,129,923 for May 2013, representing a 29% decrease. For the three-month period from March to May 2014, the average list price was 36% higher than the same period of the prior year. Average sales price for May 2014 was $2,171,308, compared to that of March through May 2014, which was $3,812,580. Comparing May 2014 to April 2014, Beverly Hills Post Office saw a 46% decrease in average sale price, and a 26% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

AVERAGE LIST PRICE

MAR - MAY 2014

> $3M $-

AVERAGE LIST PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

ALL

< $1M

$1M - $3M

> $3M

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE

AVERAGE LIST PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

AVERAGE LIST PRICE PER SQUARE FOOT

0% 0%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

(Source: MLS/CLAW)

BEVERLYWOOD

SINGLE FAMILY HOME SALES Beverlywood is an upscale neighborhood in Los Angeles strategically placed near the heart of one of the world’s largest cities, and is the ideal home for anyone from couples raising families to retirees. The community is friendly and features tree-lined streets, lush green parks, fancy storefronts, sidewalk delis and cozy cafes for its residents. Almost all of Beverlywood’s inhabitants live in single-family homes built between the 1920s and the 1950s, with the oldest homes in the areas near Beverly Hills. Beverlywood residents enjoy an upscale community of homes constructed from 1920s through the 1950s. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,134,028

$744,277

$1,648,500

$569.27

$498.01

$622.34

$1,118,403

$736,939

$1,621,935

$561.42

$493.10

$612.31

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.3

2.4

99%

98%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013

ALL

< $1M

$1M - $3M

> $3M

$799,704

$671,860

$1,493,714

$471.78

$468.29

$480.54

$793,277

$674,196

$1,439,714

$467.99

$469.92

$463.16

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

1.5

1.2

2.6

99%

100%

96%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

42%

11%

10%

AVERAGE LIST PRICE PER SQUARE FOOT

21%

30%

AVERAGE SOLD PRICE

41%

13%

AVERAGE SOLD PRICE PER SQUARE FOOT

20%

32%

TOTAL SFH SOLD

29%

-13%

257%

TOTAL SFH FOR SALE AT END OF PERIOD

105%

67%

233%

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

59%

92%

-7%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

(Source: MLS/CLAW)

BEVERLYWOOD

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Beverlywood there were 18 single family home sales in May 2014, up from 11 in May 2013 and a 18% decrease from the 22 sales closed last month. The average list price for single family home sales in May 2014 was $999,242 compared to $778,555 for May 2013, representing a 28% increase. For the three-month period from March to May 2014, the average list price was 42% higher than the same period of the prior year. Average sales price for May 2014 was $991,556, compared to that of March through May 2014, which was $1,118,403. Comparing May 2014 to April 2014, Beverlywood saw a 18% decrease in average sale price, but a 24% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$709,128

$651,724

$1,685,000

AVERAGE LIST PRICE PER SQUARE FOOT

$488.68

$474.10

$612.50

AVERAGE SOLD PRICE

$699,427

$646,452

$1,600,000

$481.99

$470.27

$581.61

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

99%

95%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$568,223

$523,908

$1,100,000

AVERAGE LIST PRICE PER SQUARE FOOT

$404.30

$383.00

$592.67

AVERAGE SOLD PRICE

$577,154

$531,500

$1,125,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$410.65

$388.55

$606.14

AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

1.6

1.8

102%

101%

102%

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

25%

24%

53%

AVERAGE LIST PRICE PER SQUARE FOOT

21%

24%

AVERAGE SOLD PRICE

21%

22%

42%

AVERAGE SOLD PRICE PER SQUARE FOOT

17%

21%

-4%

38%

42%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-3%

-2%

-7%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

BRENTWOOD

SINGLE FAMILY HOME SALES Brentwood is one of the wealthiest areas of Los Angeles, populated by affluent professionals, political figures and celebrities. Known for its Spanish-style homes, condos and traditional homes, Brentwood has prosperous commercial districts along each of its major east-west thoroughfares, Wilshire Boulevard, San Vicente Boulevard and Sunset Boulevard. The Spanish-style and traditional-style homes as well as the condos of Brentwood are located at the base of the Santa Monica Mountains. Brentwood was once part of the Rancho San Vicente y Santa Monica, a Mexican land-grant ranch sold off in pieces by the Sepulveda family after the Mexican-American War. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE

ALL

< $1M

$1M - $3M

> $3M

$4,413,496

$749,000

$1,981,554

$7,233,091

AVERAGE LIST PRICE PER SQUARE FOOT

$1,100.54

$907.88

$748.40

$1,282.11

AVERAGE SOLD PRICE

$4,112,512

$755,000

$1,944,542

$6,630,185

AVERAGE SOLD PRICE PER SQUARE FOOT

$1,025.49

$915.15

$734.42

$1,175.24

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

4.6

3.9

5.6

93%

101%

98%

92%

ALL

< $1M

$1M - $3M

> $3M

$2,901,200

$880,000

$1,964,037

$4,659,674

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$887.41

$596.21

$744.65

$1,026.97

$2,804,904

$970,000

$1,886,000

$4,522,730

$712.35

$996.79 23

$856.86

$657.18

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

3.3

3.0

2.6

4.6

97%

110%

96%

97%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

52%

-15%

55%

AVERAGE LIST PRICE PER SQUARE FOOT

24%

52%

25%

AVERAGE SOLD PRICE

47%

-22%

47%

AVERAGE SOLD PRICE PER SQUARE FOOT

20%

39%

18%

TOTAL SFH SOLD

-28%

-41%

-4%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

-100%

-11%

17%

AVERAGE MONTHLY SUPPLY OF INVENTORY

40%

-100%

51%

22%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-4%

-9%

-6%

TOTAL SFH FOR SALE AT END OF PERIOD

(Source: MLS/CLAW)

BRENTWOOD

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Brentwood there were 24 single family home sales in May 2014, down from 27 in May 2013 and a 50% increase from the 16 sales closed last month. The average list price for single family home sales in May 2014 was $5,597,346 compared to $3,372,148 for May 2013, representing a 66% increase. For the three-month period from March to May 2014, the average list price was 52% higher than the same period of the prior year. Average sales price for May 2014 was $5,048,530, compared to that of March through May 2014, which was $4,112,512. Comparing May 2014 to April 2014, Brentwood saw a 51% increase in average sale price, and a 60% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$777,425

$642,995

$1,180,714

AVERAGE LIST PRICE PER SQUARE FOOT

$534.67

$523.67

$553.66

AVERAGE SOLD PRICE

$771,654

$638,944

$1,169,786

AVERAGE SOLD PRICE PER SQUARE FOOT

$530.70

$520.37

$548.53

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

99%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$774,617

$608,241

$1,523,700

$3,100,000

AVERAGE LIST PRICE PER SQUARE FOOT

$497.43

$456.40

$592.23

$666.67

$774,220

$611,617

$1,501,000

$3,100,000

$497.17

$458.93

$583.41

$666.67

1 -

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.0

1.7

4.2

100%

101%

99%

100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-23%

-100%

AVERAGE LIST PRICE PER SQUARE FOOT

15%

-7%

-100%

AVERAGE SOLD PRICE

-22%

-100%

AVERAGE SOLD PRICE PER SQUARE FOOT

13%

-6%

-100%

-20%

-29%

40%

-100%

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-1%

-100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

CHEVIOT HILLS - RANCHO PARK

SINGLE FAMILY HOME SALES

Cheviot Hills and Rancho Park are both situated within a short drive of Fox Studios and Sony Studios. Cheviot Hills provides excellent views of much of the Los Angeles. Cheviot Hills’ gently rolling hills are reminiscent of the Cheviot Hills area of Scotland, which is how the area got its name. Rancho Park, though a small residential neighborhood in West Los Angeles, is one of the few districts in Los Angeles where fall foliage can be seen. Nestled between Westwood and Cheviot Hills, Rancho Park is mostly filled with single-family homes and tree-lined streets. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,627,944

$949,000

$1,497,188

$4,399,000

$869.95

$614.64

$739.78

$1,687,378

$965,000

$1,544,863

$4,690,000 $-

$899.34

$625.00

$760.67

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

2.5

3.0

2.1

9.0

104%

102%

103%

107%

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

ALL

< $1M

$1M - $3M

> $3M

$1,319,118

$806,214

$1,558,473

$611.32

$532.20

$634.08

$1,362,406

$803,077

$1,623,426

$631.38

$530.13

$660.50

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

2.7

0.9

3.2

103%

100%

104%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

23%

18%

-4%

AVERAGE LIST PRICE PER SQUARE FOOT

42%

15%

17%

AVERAGE SOLD PRICE

24%

20%

-5%

AVERAGE SOLD PRICE PER SQUARE FOOT

42%

18%

15%

TOTAL SFH SOLD

-18%

-86%

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

-25%

-50%

-31%

50%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-8%

250%

-36%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

0% (Source: MLS/CLAW)

CHEVIOT HILLS - RANCHO PARK

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Cheviot Hills - Rancho Park there were 8 single family home sales in May 2014, up from 3 in May 2013 and a similar performance from the 8 sales closed last month. The average list price for single family home sales in May 2014 was $1,585,375 compared to $977,667 for May 2013, representing a 62% increase. For the three-month period from March to May 2014, the average list price was 23% higher than the same period of the prior year. Average sales price for May 2014 was $1,598,750, compared to that of March through May 2014, which was $1,687,378. Comparing May 2014 to April 2014, Cheviot Hills - Rancho Park saw a 12% decrease in average sale price, but a 46% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$575,000

$432.33

$585,000

$439.85

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

102%

ALL

< $1M

$1M - $3M

> $3M

$199,000

$269.28

$260,000

$351.83

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

131%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAY/MAY COMPARISON AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT

ALL

< $1M

$1M - $3M

> $3M

189%

61%

AVERAGE SOLD PRICE

125%

AVERAGE SOLD PRICE PER SQUARE FOOT

25%

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

-22%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

CULVER CITY

SINGLE FAMILY HOME SALES Charming Culver City, with its condos and traditional and Spanish-style homes, is a town of galleries, shops, cafes and entrepreneurial businesses. Culver City has been a focal point for motion picture studios since the 1920s and more recently for television production, having been home to MGM Studios, the Culver Studios and now Sony Picture Entertainment. Home of the Kirk Douglas Theatre, Helms Bakeries and the Culver Hotel, Culver City’s condos, traditional homes and Spanish-style homes offer a combination of urban living and small town charm. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$846,474

$759,439

$1,122,083

AVERAGE LIST PRICE PER SQUARE FOOT

$560.27

$540.65

$606.09

AVERAGE SOLD PRICE

$876,594

$775,992

$1,195,167

$581.19

$553.64

$645.57

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.0

0.9

1.5

104%

102%

107%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013

ALL

< $1M

$1M - $3M

> $3M

$720,735

$687,921

$1,114,500

$478.47

$491.75

$398.75

$732,329

$698,794

$1,134,750

$486.17

$499.52

$405.99

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.5

1.2

5.3

102%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

17%

10%

AVERAGE LIST PRICE PER SQUARE FOOT

17%

10%

52%

AVERAGE SOLD PRICE

20%

11%

AVERAGE SOLD PRICE PER SQUARE FOOT

20%

11%

59%

TOTAL SFH SOLD

-4%

-21%

200%

TOTAL SFH FOR SALE AT END OF PERIOD

-35%

-42%

-14%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-32%

-27%

-71%

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

(Source: MLS/CLAW)

CULVER CITY

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Culver City there were 17 single family home sales in May 2014, down from 20 in May 2013 and a 32% decrease from the 25 sales closed last month. The average list price for single family home sales in May 2014 was $824,974 compared to $738,045 for May 2013, representing a 12% increase. For the three-month period from March to May 2014, the average list price was 17% higher than the same period of the prior year. Average sales price for May 2014 was $842,735, compared to that of March through May 2014, which was $876,594. Comparing May 2014 to April 2014, Culver City saw a 11% decrease in average sale price, but a 12% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$423,153

AVERAGE LIST PRICE PER SQUARE FOOT

$382.55

AVERAGE SOLD PRICE

$429,519

AVERAGE SOLD PRICE PER SQUARE FOOT

$388.23

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

102%

ALL

< $1M

$1M - $3M

> $3M

$373,708

$315.07

$379,769

$320.17

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.1

102%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

13%

AVERAGE LIST PRICE PER SQUARE FOOT

21%

AVERAGE SOLD PRICE

13%

AVERAGE SOLD PRICE PER SQUARE FOOT

21%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

DOWNTOWN LOS ANGELES

SINGLE FAMILY HOME SALES

Downtown Los Angeles offers urban living with its condos and lofts, and its central business district with skyscrapers, multinational corporations, popular art institutions, public art displays, sightseeing opportunities, sports facilities and shopping. Home to world-famous establishments like The Walt Disney Concert Hall, Staples Center, Cathedral of our Lady of the Angels and the University of Southern California, Downtown Los Angeles borders Lincoln Heights and the LA River to the east, Hollywood to the north, the Santa Monica Freeway to the south, and the Harbor Freeway to the west. Perfect for those seeking condos and lofts. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$257,725

AVERAGE LIST PRICE PER SQUARE FOOT

$188.86

$255,352

$$-

AVERAGE SOLD PRICE

$187.12

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

2.9

2.7

99%

SFH MAR - MAY 2013

ALL

< $1M

$1M - $3M

> $3M

$236,218

$176.06

$224,220

$167.11

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.7

95%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

AVERAGE LIST PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

14%

AVERAGE SOLD PRICE PER SQUARE FOOT

12%

TOTAL SFH SOLD

-20%

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

-13%

-19%

AVERAGE MONTHLY SUPPLY OF INVENTORY

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

0% (Source: MLS/CLAW)

DOWNTOWN LOS ANGELES

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Downtown L.A. there were 55 condominium sales in May 2014, up from 32 in May 2013 and a 31% increase from the 42 sales closed last month. The average list price for condo sales in May 2014 was $626,696 compared to $746,440 for May 2013, representing a 16% decrease. For the three-month period from March to May 2014, the average list price was 6% lower than the same period of the prior year. Average sales price for May 2014 was $621,144, compared to that of March through May 2014, which was $631,121. Comparing May 2014 to April 2014, Downtown L.A. saw a 4% decrease in average sale price, and a 13% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$638,886

$554,246

$1,478,769

AVERAGE LIST PRICE PER SQUARE FOOT

$545.88

$520.06

$669.52

AVERAGE SOLD PRICE

$631,121

$549,816

$1,437,923

AVERAGE SOLD PRICE PER SQUARE FOOT

$539.25

$515.90

$651.03

142

129

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

99%

97%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$676,733

$490,966

$1,682,059

AVERAGE LIST PRICE PER SQUARE FOOT

$512.56

$429.99

$735.71

AVERAGE SOLD PRICE

$655,770

$486,510

$1,571,765

AVERAGE SOLD PRICE PER SQUARE FOOT

$496.68

$426.08

$687.47

109

AVERAGE LIST PRICE

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.2

2.0

2.5

97%

99%

93%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-6%

13%

-12%

AVERAGE LIST PRICE PER SQUARE FOOT

21%

-9%

AVERAGE SOLD PRICE

-4%

13%

-9%

AVERAGE SOLD PRICE PER SQUARE FOOT

21%

-5%

30%

40%

-24%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

EAGLE ROCK

SINGLE FAMILY HOME SALES Eagle Rock, a neighborhood of architectural and historic homes, is bordered by Glendale on the north and west, Highland Park to the southeast, Glassell Park to the southwest, and Pasadena and South Pasadena on the east. At certain times of the day on the northern edge of Eagle Rock, an enormous boulder projects a bird-shaped shadow resembling an eagle in flight, giving the city its name. Since the 1920s, artists, writers and filmmakers have moved to the architectural and historic homes of Eagle Rock, with Craftsman, Georgian, Art Deco and Mission Revival styles. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$627,448

$619,596

$1,075,000

$415.02

$417.94

$338.48

$632,625

$626,180

$1,000,000

$418.20

$422.14

$314.86

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.6

1.5

9.0

101%

93%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013

ALL

< $1M

$1M - $3M

> $3M

$560,573

AVERAGE LIST PRICE PER SQUARE FOOT

$366.10

AVERAGE SOLD PRICE

$573,482

$374.53

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.7

1.5

102%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

12%

11%

AVERAGE LIST PRICE PER SQUARE FOOT

13%

14%

AVERAGE SOLD PRICE

10%

AVERAGE SOLD PRICE PER SQUARE FOOT

12%

13%

TOTAL SFH SOLD

29%

27%

TOTAL SFH FOR SALE AT END OF PERIOD

24%

22%

50%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-4%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

0% (Source: MLS/CLAW)

EAGLE ROCK

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Eagle Rock there were 22 single family home sales in May 2014, up from 20 in May 2013 and a 12% decrease from the 25 sales closed last month. The average list price for single family home sales in May 2014 was $602,827 compared to $562,480 for May 2013, representing a 7% increase. For the three-month period from March to May 2014, the average list price was 12% higher than the same period of the prior year. Average sales price for May 2014 was $633,568, compared to that of March through May 2014, which was $632,625. Comparing May 2014 to April 2014, Eagle Rock saw a 1% increase in average sale price, and a 10% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$385,000

$289.15

$380,000

$285.39

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

99%

ALL

< $1M

$1M - $3M

> $3M

$294,000

$251.50

$298,500

$255.35

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

102%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

31%

AVERAGE LIST PRICE PER SQUARE FOOT

15%

AVERAGE SOLD PRICE

27%

AVERAGE SOLD PRICE PER SQUARE FOOT

12%

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-3%

(Source: MLS/CLAW)

SINGLE FAMILY HOME SALES

HANCOCK PARK

Hancock Park is a historic neighborhood in Los Angeles, which was developed in the 1920s by the Hancock family with profits earned from oil drilling. The residential community is centrally located in the city and is bound by Wilshire Boulevard, Melrose Avenue, Higland Avenue and Rossmore Avenue. Unusual for most LA neighborhoods, residences in Hancock Park tend to be set back from the street, most power and telephone lines are buried, and fences are a rarity. It is located near both the Wilshire Country Club and the Los Angeles Tennis Club. Hancock Park continues to be one of the most desirable areas in all of Southern California to live. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,636,782

$787,803

$1,670,173

$4,875,286

$580.00

$406.46

$594.20

$760.54

$1,599,988

$794,005

$1,661,123

$4,535,714 $707.57

$566.96

$409.66

$590.98

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

3.7

3.1

3.5

7.3

98%

101%

99%

93%

ALL

< $1M

$1M - $3M

> $3M

$1,450,352

$761,885

$1,460,878

$4,958,800

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$545.12

$387.14

$564.15

$721.22

$1,433,538

$753,204

$1,454,137

$4,831,200 $702.66

$538.92

$383.12

$561.55

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

3.0

1.6

2.8

11.4

99%

100%

97%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

13%

14%

-2%

AVERAGE LIST PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

12%

14%

-6%

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL SFH SOLD

-3%

40%

TOTAL SFH FOR SALE AT END OF PERIOD

29%

107%

19%

-11%

AVERAGE MONTHLY SUPPLY OF INVENTORY

24%

92%

22%

-36%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

-5%

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

(Source: MLS/CLAW)

CONDOMINIUM SALES

HANCOCK PARK

MAY MARKET OVERVIEW In Hancock Park - Wilshire there were 25 single family home sales in May 2014, down from 33 in May 2013 and a 19% increase from the 21 sales closed last month. The average list price for single family home sales in May 2014 was $1,730,448 compared to $1,595,332 for May 2013, representing an 8% increase. For the three-month period from March to May 2014, the average list price was 13% higher than the same period of the prior year. Average sales price for May 2014 was $1,685,900, compared to that of March through May 2014, which was $1,599,988. Comparing May 2014 to April 2014, Hancock Park - Wilshire saw a 18% increase in average sale price, and a 6% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$551,881

$496,224

$1,832,000

AVERAGE LIST PRICE PER SQUARE FOOT

$431.02

$407.05

$680.79

AVERAGE SOLD PRICE

$542,210

$488,393

$1,780,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$423.46

$400.62

$661.46

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

98%

97%

ALL

< $1M

$1M - $3M

> $3M

$453,082

$436,506

$1,199,000

$371.08

$358.57

$866.33

$444,869

$428,644

$1,175,000

$364.35

$352.11

$848.99

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.8

2.7

9.0

98%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

22%

14%

53%

AVERAGE LIST PRICE PER SQUARE FOOT

16%

14%

-21%

AVERAGE SOLD PRICE

22%

14%

51%

AVERAGE SOLD PRICE PER SQUARE FOOT

16%

14%

-22%

100%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-1%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

HOLLYWOOD

SINGLE FAMILY HOME SALES Hollywood puts you right in one of the most desirable districts of Los Angeles real estate. Hollywood’s fame is rooted in its cultural identity, peerless entertainment industry and historical significance as the origin of American cinema. Hollywood is consistently the host of major events such as the Academy Awards and is the paramount tourist attraction with Hollywood Boulevard, the Walk of Fame and the Hollywood Bowl. From the red carpet to Hollywood’s 130-acre national park, Runyon Canyon, this vibrant community radiates its authentic prestige. Hollywood homes and estates are some of the most luxurious in all of California. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,034,494

$550,271

$1,411,111

$558.22

$517.03

$573.33

$1,030,026

$537,416

$1,413,167

$547.55

$504.95

$563.16

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

5.4

10.7

1.3

100%

98%

100%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013

ALL

< $1M

$1M - $3M

> $3M

$654,094

$577,788

$1,875,000

AVERAGE LIST PRICE PER SQUARE FOOT

$444.39

$408.20

$789.47

AVERAGE SOLD PRICE

$661,118

$590,563

$1,790,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$449.16

$417.23

$753.68

AVERAGE LIST PRICE

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

3.4

3.0

101%

102%

95%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

58%

-5%

-25%

AVERAGE LIST PRICE PER SQUARE FOOT

26%

27%

-27%

AVERAGE SOLD PRICE

56%

-9%

-21%

AVERAGE SOLD PRICE PER SQUARE FOOT

22%

21%

-25%

TOTAL SFH SOLD

-6%

-56%

800%

TOTAL SFH FOR SALE AT END OF PERIOD

53%

39%

300%

AVERAGE MONTHLY SUPPLY OF INVENTORY

62%

217%

-56%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

-4%

0% (Source: MLS/CLAW)

HOLLYWOOD

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Hollywood there were 12 condominium sales in May 2014, down from 14 in May 2013 and a 37% decrease from the 19 sales closed last month. The average list price for condo sales in May 2014 was $962,996 compared to $598,782 for May 2013, representing a 61% increase. For the three-month period from March to May 2014, the average list price was 33% higher than the same period of the prior year. Average sales price for May 2014 was $933,329, compared to that of March through May 2014, which was $716,925. Comparing May 2014 to April 2014, Hollywood saw a 49% increase in average sale price, and a 57% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$736,238

$550,337

$1,727,708

AVERAGE LIST PRICE PER SQUARE FOOT

$544.32

$464.10

$763.23

AVERAGE SOLD PRICE

$716,925

$544,591

$1,636,042

AVERAGE SOLD PRICE PER SQUARE FOOT

$530.00

$459.39

$722.74

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

97%

99%

95%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$551,870

$530,321

$1,500,000

AVERAGE LIST PRICE PER SQUARE FOOT

$436.99

$424.72

$793.65

AVERAGE SOLD PRICE

$551,551

$529,995

$1,500,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$436.74

$424.46

$793.65

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.8

1.3

18.0

100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

33%

15%

AVERAGE LIST PRICE PER SQUARE FOOT

25%

-4%

AVERAGE SOLD PRICE

30%

AVERAGE SOLD PRICE PER SQUARE FOOT

21%

-9%

-16%

-27%

500%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-3%

-1%

-5%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

HOLLYWOOD HILLS EAST

SINGLE FAMILY HOME SALES

Hollywood Hills real estate means breathtaking homes in a sought-after neighborhood of Los Angeles. It is located overlooking the city in the southeastern Santa Monica Mountains. High above the city, the views of Downtown Los Angeles and the Pacific, and the calm and serenity that can be found there make the Hills a draw for many celebrities and non-celebrities alike. A number of Hollywood Hills homes can be found on the Bird Streets above the Sunset Strip, Laurel Canyon and Beachwood Canyon. Mulholland Drive, famed on its own, can be found along the top of the Hills. Homes here can range from Mid-Century masterpieces to stunning modern Architectural to traditional hillside. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,120,697

$868,250

$1,264,952

$549.61

$521.39

$560.46

$1,103,231

$811,083

$1,270,173

$$-

$541.97

$487.84

$562.77

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

4.3

2.0

5.3

98%

93%

100%

ALL

< $1M

$1M - $3M

> $3M

$1,139,598

$791,035

$1,467,500

$4,300,000

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$482.98

$434.00

$503.70

$699.19

$1,111,231

$780,948

$1,433,375

$3,900,000

$491.38

$634.15

$470.63

$428.47

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

3.2

2.0

4.0

21.0

98%

99%

98%

91%

ALL

< $1M

$1M - $3M

> $3M

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

-2%

10%

-14%

-100%

AVERAGE LIST PRICE PER SQUARE FOOT

14%

20%

11%

-100%

AVERAGE SOLD PRICE

-1%

-11%

-100%

AVERAGE SOLD PRICE PER SQUARE FOOT

15%

14%

15%

-100%

TOTAL SFH SOLD

-27%

-54%

17%

-100%

TOTAL SFH FOR SALE AT END OF PERIOD

-2%

-53%

54%

-71%

AVERAGE MONTHLY SUPPLY OF INVENTORY

34%

32%

-100%

-5%

-100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

(Source: MLS/CLAW)

HOLLYWOOD HILLS EAST

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Hollywood Hills East there were 13 single family home sales in May 2014, down from 18 in May 2013 and a 18% increase from the 11 sales closed last month. The average list price for single family home sales in May 2014 was $1,176,000 compared to $999,528 for May 2013, representing an 18% increase. For the three-month period from March to May 2014, the average list price was 2% lower than the same period of the prior year. Average sales price for May 2014 was $1,156,769, compared to that of March through May 2014, which was $1,103,231. Comparing May 2014 to April 2014, Hollywood Hills East saw a 5% increase in average sale price, and a 17% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$457,325

AVERAGE LIST PRICE PER SQUARE FOOT

$394.27

$462,083

$398.38

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

101%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$425,061

AVERAGE LIST PRICE PER SQUARE FOOT

$333.99

AVERAGE SOLD PRICE

$417,954

AVERAGE SOLD PRICE PER SQUARE FOOT

$328.40

AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

1.2

98%

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

AVERAGE LIST PRICE PER SQUARE FOOT

18%

AVERAGE SOLD PRICE

11%

AVERAGE SOLD PRICE PER SQUARE FOOT

21%

-8%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

LOS FELIZ

SINGLE FAMILY HOME SALES Richly immersed with history dating back to the nineteenth century, Los Feliz is located just south of the Santa Monica Mountains and is adjacent to Hollywood. The area features the Griffith Observatory, the Greek Theatre, and the Los Angeles Zoo. Los Feliz homes offer a welcoming and cohesive community recognized for its chic sophistication. Historic and noted homes can be found throughout Los Feliz, which has an enclave of celebrity residents. Los Feliz is known for its grand Spanish estates, charming California bungalows and many original craftsman homes. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,543,571

$756,066

$1,698,943

$4,866,000

$617.95

$468.99

$621.85

$827.86

$1,552,645

$767,682

$1,711,993

$4,833,000 $822.25

$621.53

$476.12

$626.63

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

3.3

1.6

4.5

4.8

101%

102%

101%

99%

ALL

< $1M

$1M - $3M

> $3M

$1,145,182

$708,088

$1,543,061

$3,938,500

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$506.60

$446.85

$521.16

$748.48

$1,156,365

$713,203

$1,575,957

$3,737,500 $710.28

$511.55

$450.08

$532.27

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

2.4

1.1

3.0

18.0

101%

102%

95%

ALL

< $1M

$1M - $3M

> $3M 24%

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

35%

10%

AVERAGE LIST PRICE PER SQUARE FOOT

22%

19%

11%

AVERAGE SOLD PRICE

34%

29%

AVERAGE SOLD PRICE PER SQUARE FOOT

21%

18%

16%

TOTAL SFH SOLD

-8%

-32%

13%

150%

TOTAL SFH FOR SALE AT END OF PERIOD

29%

68%

-33%

AVERAGE MONTHLY SUPPLY OF INVENTORY

41%

46%

49%

-73%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

5% (Source: MLS/CLAW)

LOS FELIZ

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Los Feliz there were 28 single family home sales in May 2014, down from 29 in May 2013 and a 56% increase from the 18 sales closed last month. The average list price for single family home sales in May 2014 was $1,292,963 almost matching $1,231,924 for May 2013. For the three-month period from March to May 2014, the average list price was 35% higher than the same period of the prior year. Average sales price for May 2014 was $1,316,175, compared to that of March through May 2014, which was $1,552,645. Comparing May 2014 to April 2014, Los Feliz saw a 19% decrease in average sale price, but a 5% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$507,563

$437.22

$522,250

$449.88

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

103%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

$435,088

AVERAGE LIST PRICE PER SQUARE FOOT

$422.62

AVERAGE SOLD PRICE

$441,125

AVERAGE SOLD PRICE PER SQUARE FOOT

$428.48

AVERAGE LIST PRICE

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.1

0.8

101%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

17%

AVERAGE LIST PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

18%

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

MALIBU

SINGLE FAMILY HOME SALES Few names can evoke visions of beach living and casual elegance as readily as Malibu, California. Embracing nearly 27 miles of gorgeous California coastline, Malibu has long been home to some of the most influential people in the world. The terrain varies widely, and some of Malibu’s famous beaches and surf spots include Surfrider Beach, Zuma Beach and Le Carrillo Beach. Ocean-side dining, boutique shops and gorgeous beaches combine to create the unique lifestyle that exemplifies living in a Malibu home. Sotheby’s International Realty, Inc provides some breathtaking Malibu properties with oceanfront and spectacular beach views. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$2,797,895

$765,580

$2,063,646

$4,650,133

$744.66

$374.26

$677.89

$842.51

$2,654,512

$759,500

$1,974,333

$4,374,467 $792.56

$708.02

$371.28

$652.99

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

165

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

11.3

3.0

9.3

17.2

95%

99%

96%

94%

ALL

< $1M

$1M - $3M

> $3M

$1,798,816

$864,817

$1,843,454

$3,775,000

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$593.10

$346.85

$580.35

$1,780.66

$1,715,201

$783,667

$1,773,974

$3,422,500 $1,614.39

$567.88

$314.30

$561.81

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

172

AVERAGE SOLD PRICE PER SQUARE FOOT

11.5

4.5

5.9

135.0

95%

91%

96%

91%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

56%

-11%

12%

23%

AVERAGE LIST PRICE PER SQUARE FOOT

26%

17%

-53%

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

AVERAGE SOLD PRICE

55%

-3%

11%

28%

AVERAGE SOLD PRICE PER SQUARE FOOT

25%

18%

16%

-51%

TOTAL SFH SOLD

-35%

650%

-2%

-17%

TOTAL SFH FOR SALE AT END OF PERIOD

-4%

-44%

-4%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-2%

-33%

56%

-87%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

4% (Source: MLS/CLAW)

MALIBU

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Malibu there were 18 single family home sales in May 2014, up from 8 in May 2013 and a 13% increase from the 16 sales closed last month. The average list price for single family home sales in May 2014 was $3,046,222 compared to $2,037,875 for May 2013, representing a 49% increase. For the three-month period from March to May 2014, the average list price was 56% higher than the same period of the prior year. Average sales price for May 2014 was $2,894,645, compared to that of March through May 2014, which was $2,654,512. Comparing May 2014 to April 2014, Malibu saw a 12% increase in average sale price, and a 47% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,073,121

$720,356

$1,284,780

$612.42

$384.12

$765.48

$1,074,313

$709,833

$1,293,000

$613.10

$378.51

$770.38

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

100%

99%

101%

ALL

< $1M

$1M - $3M

> $3M

$1,105,311

$676,681

$1,362,000

$7,450,000

$642.37

$452.84

$564.56

$1,881.79

$1,021,474

$650,500

$1,250,000

$6,500,000

$593.64

$435.32

$518.13

$1,641.83

1 -

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.7

1.3

6.0

92%

96%

92%

87%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-3%

-6%

-100%

AVERAGE LIST PRICE PER SQUARE FOOT

-5%

-15%

36%

-100% -100%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

-13%

49%

-100%

-58%

-81%

150%

-100%

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

10%

-100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

SINGLE FAMILY HOME SALES

MALIBU BEACH

Where the majestic Pacific meets golden sands, Malibu Beach is conveniently located within short drives of Santa Monica, Beverly Hills and Los Angeles International Airport. The area’s beachfront properties, vineyards and ranches are the destination for some of the most influential people, seeking a unique supply of Malibu Beach real estate. Malibu Beach offers the best of the best, from luxurious beachfront properties on the sand to extraordinary estates, mansions, vineyards, and ranches on the bluffs overlooking the Pacific Ocean and lining the hillsides with views of the Channel Islands offshore. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$5,978,429

$2,424,500

$7,400,000

AVERAGE LIST PRICE PER SQUARE FOOT

$2,300.98

$1,365.15

$2,570.28

AVERAGE SOLD PRICE

$5,683,607

$2,317,000

$7,030,250

AVERAGE SOLD PRICE PER SQUARE FOOT

$2,205.35

$1,304.62

$2,464.55

AVERAGE LIST PRICE

TOTAL SFH SOLD TOTAL SFH FOR SALE AT END OF PERIOD AVERAGE MONTHLY SUPPLY OF INVENTORY

29.6

12.0

36.6

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

95%

96%

95%

SFH MAR - MAY 2013

ALL

< $1M

$1M - $3M

> $3M

$5,332,500

$2,477,000

$8,188,000

AVERAGE LIST PRICE PER SQUARE FOOT

$2,292.55

$1,264.17

$2,644.02

AVERAGE SOLD PRICE

$4,747,745

$2,342,990

$7,152,500

AVERAGE SOLD PRICE PER SQUARE FOOT

$1,177.24

$2,309.64

AVERAGE LIST PRICE

$2,021.20

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

18.6

4.8

32.4

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

89%

95%

87%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

12%

-2%

-10%

AVERAGE LIST PRICE PER SQUARE FOOT

-3%

20%

-1%

-2%

SFH MAY/MAY COMPARISON

AVERAGE SOLD PRICE

11%

-30%

-60%

TOTAL SFH FOR SALE AT END OF PERIOD

11%

13%

AVERAGE MONTHLY SUPPLY OF INVENTORY

59%

150%

13%

AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL SFH SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

(Source: MLS/CLAW)

CONDOMINIUM SALES

MALIBU BEACH

MAY MARKET OVERVIEW In Malibu Beach there were 1 single family home sales in May 2014, down from 3 in May 2013 and a 50% decrease from the 2 sales closed last month. The average list price for single family home sales in May 2014 was $10,400,000 compared to $3,248,333 for May 2013, representing a 220% increase. For the three-month period from March to May 2014, the average list price was 12% higher than the same period of the prior year. Average sales price for May 2014 was $9,930,000, compared to that of March through May 2014, which was $5,683,607. Comparing May 2014 to April 2014, Malibu Beach saw a 176% increase in average sale price, and a 214% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$748,000

$851.29

$700,500

$797.23

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

94%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$1,621,667

$735,000

$3,395,000

AVERAGE LIST PRICE PER SQUARE FOOT

$1,397.99

$852.17

$1,934.47

$1,378,333

$692,500

$2,750,000

$1,188.22

$802.90

$1,566.95

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

11.0

13.5

6.0

85%

94%

81%

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-54%

-100%

AVERAGE LIST PRICE PER SQUARE FOOT

-39%

-100%

AVERAGE SOLD PRICE

-49%

-100%

AVERAGE SOLD PRICE PER SQUARE FOOT

-33%

-1%

-100%

TOTAL CONDOS SOLD

100%

200%

-100%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

10%

-1%

-100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

MARINA DEL REY

SINGLE FAMILY HOME SALES With its blue waters and gleaming boats, sitting in the world’s largest manmade smallcraft harbor, Marina del Rey is an oasis of leisure and elegance in sunny Southern California. Offering relaxing and beautiful views of the Pacific, Marina del Rey is home to both estates and beach condominiums, and has access to boating, sailing, fishing and a variety of water sports. Marina Del Rey is conveniently located five miles from Los Angeles International Airport and just minutes from the San Diego and Marina freeways. Adjacent to Venice Beach and Santa Monica, Marina Del Rey is also close to major shopping malls, movie theaters, Hollywood, Beverly Hills and Downtown Los Angeles. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,414,399

$716,954

$1,832,867

$598.37

$677.50

$582.84

$1,381,891

$750,458

$1,760,750

$$-

$583.68

$711.11

$558.66

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

1.6

0.3

1.4

98%

105%

96%

ALL

< $1M

$1M - $3M

> $3M

$2,010,083

$658,000

$1,861,300

$4,850,000

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$552.21

$448.23

$510.57

$842.31

$1,945,446

$700,000

$1,789,536

$4,750,000 $824.94

$534.45

$476.84

$490.89

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

2.3

1.5

12.0

97%

106%

96%

98%

ALL

< $1M

$1M - $3M

> $3M

SFH MAY/MAY COMPARISON

-30%

-2%

-100%

51%

14%

-100%

-29%

-2%

-100%

49%

14%

-100%

100%

800%

50%

-100%

TOTAL SFH FOR SALE AT END OF PERIOD

44%

40%

25%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-28%

-7%

-100%

-2%

-100%

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL SFH SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

(Source: MLS/CLAW)

MARINA DEL REY

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Marina Del Rey there were 30 condominium sales in May 2014, down from 32 in May 2013 and a 11% increase from the 27 sales closed last month. The average list price for condo sales in May 2014 was $838,707 almost matching $850,519 for May 2013. For the three-month period from March to May 2014, the average list price was 8% higher than the same period of the prior year. Average sales price for May 2014 was $825,577, compared to that of March through May 2014, which was $854,848. Comparing May 2014 to April 2014, Marina Del Rey saw a 13% decrease in average sale price, and a 2% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$872,994

$714,726

$1,450,206

$543.73

$464.75

$800.31

$854,848

$705,323

$1,400,176

$532.48

$458.57

$772.59

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

98%

99%

97%

ALL

< $1M

$1M - $3M

> $3M

$805,242

$613,186

$1,683,214

$508.54

$414.81

$842.63

$798,580

$618,884

$1,620,052

$504.25

$418.66

$809.31

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

100

AVERAGE MONTHLY SUPPLY OF INVENTORY

3.8

2.3

10.3

99%

101%

96%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

17%

-14%

AVERAGE LIST PRICE PER SQUARE FOOT

12%

-5%

AVERAGE SOLD PRICE

14%

-14%

AVERAGE SOLD PRICE PER SQUARE FOOT

10%

-5%

-3%

21%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-1%

-2%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

MID LOS ANGELES

SINGLE FAMILY HOME SALES Mid Los Angeles is a district in Los Angeles, California, known for its Spanish-style and traditional residences, as well as duplex properties. 2.5 miles south of Hollywood and 3.5 miles west of downtown Los Angeles, Mid Los Angeles contains Brookside, Crestview, Fremont Place, Lafayette Square, Little Ethiopia, Picfair Village and Victoria Park. Mid Los Angeles is a great neighborhood, centrally located, great commercial and recreational opportunities and close to all. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$458,701

$448,111

$804,667

AVERAGE LIST PRICE PER SQUARE FOOT

$299.55

$297.48

$342.90

AVERAGE SOLD PRICE

$478,538

$448,228

$1,468,667

$312.50

$297.56

$625.85

TOTAL SFH SOLD

101

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.4

4.0

104%

100%

183%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2013

$405,312

$387,721

$1,364,000

AVERAGE LIST PRICE PER SQUARE FOOT

$252.97

$248.19

$360.37

AVERAGE SOLD PRICE

$410,915

$393,675

$1,350,500

AVERAGE SOLD PRICE PER SQUARE FOOT

$256.47

$252.01

$356.80

TOTAL SFH SOLD

111

109

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.4

1.2

12.0

101%

102%

99%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

13%

16%

-41%

AVERAGE LIST PRICE PER SQUARE FOOT

18%

20%

-5%

AVERAGE SOLD PRICE

16%

14%

AVERAGE SOLD PRICE PER SQUARE FOOT

22%

18%

75%

TOTAL SFH SOLD

-9%

-10%

50%

TOTAL SFH FOR SALE AT END OF PERIOD

53%

71%

-50%

AVERAGE MONTHLY SUPPLY OF INVENTORY

68%

90%

-67%

-1%

84%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

(Source: MLS/CLAW)

MID LOS ANGELES

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Mid Los Angeles there were 36 single family home sales in May 2014, down from 37 in May 2013 and a 38% increase from the 26 sales closed last month. The average list price for single family home sales in May 2014 was $437,285 almost matching $458,948 for May 2013. For the three-month period from March to May 2014, the average list price was 13% higher than the same period of the prior year. Average sales price for May 2014 was $493,750, compared to that of March through May 2014, which was $478,538. Comparing May 2014 to April 2014, Mid Los Angeles saw a 4% decrease in average sale price, but a 4% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

AVERAGE LIST PRICE

MAR - MAY 2014

> $3M $-

AVERAGE LIST PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$177,450

AVERAGE LIST PRICE PER SQUARE FOOT

$172.20

$185,000

$179.52

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

3.0

104%

> $3M

CONDOS ALL

< $1M

$1M - $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-100%

AVERAGE LIST PRICE PER SQUARE FOOT

-100%

AVERAGE SOLD PRICE

-100%

AVERAGE SOLD PRICE PER SQUARE FOOT

-100%

0% 0%

TOTAL CONDOS SOLD

-100%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-100%

(Source: MLS/CLAW)

MID WILSHIRE

SINGLE FAMILY HOME SALES Mid Wilshire, also known as Midtown, contains neighborhoods like Hancock Park, Windsor Square, Carthay Circle and Lafayette Square. Mid Wilshire offers some of Los Angeles’s most magnificent residential architecture, primarily in traditional city neighborhood settings. Mid Wilshire contains Little Ethiopia, Miracle Mile, Park La Brea, Park Mile and Wilshire Vista, all known for the area’s stunning residential architecture. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$719,400

$696,556

$925,000

AVERAGE LIST PRICE PER SQUARE FOOT

$338.48

$332.27

$387.52

AVERAGE SOLD PRICE

$720,450

$688,278

$1,010,000

$338.97

$328.32

$423.13

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

5.1

5.0

6.0

100%

99%

109%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2013

$469,771

AVERAGE LIST PRICE PER SQUARE FOOT

$262.23

AVERAGE SOLD PRICE

$481,607

AVERAGE SOLD PRICE PER SQUARE FOOT

$268.84

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

3.4

3.0

103%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

53%

48%

AVERAGE LIST PRICE PER SQUARE FOOT

29%

27%

AVERAGE SOLD PRICE

50%

43%

AVERAGE SOLD PRICE PER SQUARE FOOT

26%

22%

TOTAL SFH SOLD

-29%

-36%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

AVERAGE MONTHLY SUPPLY OF INVENTORY

49%

67%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-2%

-4%

TOTAL SFH FOR SALE AT END OF PERIOD

(Source: MLS/CLAW)

MID WILSHIRE

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Mid Wilshire there were 15 condominium sales in May 2014, down from 27 in May 2013 and a 67% increase from the 9 sales closed last month. The average list price for condo sales in May 2014 was $562,000 compared to $410,311 for May 2013, representing a 37% increase. For the three-month period from March to May 2014, the average list price was 18% higher than the same period of the prior year. Average sales price for May 2014 was $554,767, compared to that of March through May 2014, which was $472,078. Comparing May 2014 to April 2014, Mid Wilshire saw a 17% increase in average sale price, and a 36% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$482,889

AVERAGE LIST PRICE PER SQUARE FOOT

$405.83

AVERAGE SOLD PRICE

$472,078

$396.74

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

98%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$410,577

AVERAGE LIST PRICE PER SQUARE FOOT

$375.34

AVERAGE SOLD PRICE

$410,178

AVERAGE SOLD PRICE PER SQUARE FOOT

$374.97

AVERAGE LIST PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.4

100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

18%

AVERAGE LIST PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

15%

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL CONDOS SOLD

-38%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-2%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

MOUNT WASHINGTON

SINGLE FAMILY HOME SALES

Founded in 1909, Mount Washington is located on the eastside of Los Angeles neighboring Glassell Park, Eagle Rock, Highland Park and Montecito Heights and its close proximity to both Pasadena and Downtown Los Angeles have made it popular for homebuyers. It is known for the many 1950s and 1960s modernist homes that can be found here. Recently the area has become a more affordable alternative to the more pricey Westside. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$605,492

$595,505

$985,000

$475.55

$488.27

$301.68

$623,956

$613,271

$1,030,000

$491.38

$504.25

$315.47

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.5

1.3

9.0

103%

105%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013

ALL

< $1M

$1M - $3M

> $3M

$535,833

$336.11

$549,320

$344.57

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.8

1.6

103%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

13%

11%

AVERAGE LIST PRICE PER SQUARE FOOT

41%

45%

AVERAGE SOLD PRICE

14%

12%

AVERAGE SOLD PRICE PER SQUARE FOOT

43%

46%

TOTAL SFH SOLD

-22%

-24%

TOTAL SFH FOR SALE AT END OF PERIOD

-33%

-37%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-15%

-17%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

(Source: MLS/CLAW)

MOUNT WASHINGTON

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Mount Washington there were 15 single family home sales in May 2014, which is the same as May 2013 and a similar performance from the 15 sales closed last month. The average list price for single family home sales in May 2014 was $660,200 compared to $558,420 for May 2013, representing an 18% increase. For the three-month period from March to May 2014, the average list price was 13% higher than the same period of the prior year. Average sales price for May 2014 was $686,167, compared to that of March through May 2014, which was $623,956. Comparing May 2014 to April 2014, Mount Washington saw a 15% increase in average sale price, and a 21% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

AVERAGE LIST PRICE

MAR - MAY 2014

> $3M $-

AVERAGE LIST PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

ALL

< $1M

$1M - $3M

> $3M

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE

AVERAGE LIST PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

AVERAGE LIST PRICE PER SQUARE FOOT

0% 0%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

TOTAL CONDOS SOLD

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

(Source: MLS/CLAW)

PACIFIC PALISADES

SINGLE FAMILY HOME SALES Among Los Angeles’ most desired neighborhoods, Pacific Palisades sits against a stunning backdrop with views of the Santa Monica mountains, the Pacific Coast, and several canyons that run between them. Pacific Palisades is home to the wellknown J. Paul Getty Villa museum and beautiful parks offering sporting activities and breathtaking views including Topanga Canyon State Park, Will Rogers State Historic Park and Polo Club, and Rustin Canyon Park, as well as community events such as the annual parade and fireworks display. Pacific Palisades offers sophisticated traditional estates, dramatic architectural residences, custom-built properties and inviting homes close to Palisades Village. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$3,469,354

$875,000

$1,952,841

$5,342,892

$937.53

$825.15

$1,005.36

$3,419,540

$825,000

$1,971,491

$5,211,666

$926.94

$834.33

$982.82

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.6

2.4

3.0

99%

94%

101%

98%

ALL

< $1M

$1M - $3M

> $3M

$2,732,285

$699,000

$1,926,233

$4,763,615

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$787.46

$607.83

$664.34

$961.66

$2,734,743

$610,000

$1,932,236

$4,761,000

$787.92

$530.43

$667.22

$959.45

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.7

3.0

1.8

5.0

100%

87%

100%

ALL

< $1M

$1M - $3M

> $3M 12%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

27%

25%

AVERAGE LIST PRICE PER SQUARE FOOT

19%

-100%

24%

AVERAGE SOLD PRICE

25%

35%

AVERAGE SOLD PRICE PER SQUARE FOOT

18%

-100%

25%

TOTAL SFH SOLD

-9%

-30%

42%

TOTAL SFH FOR SALE AT END OF PERIOD

-11%

-100%

-5%

-14%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-2%

-100%

35%

-40%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-2%

-2% (Source: MLS/CLAW)

PACIFIC PALISADES

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Pacific Palisades there were 29 single family home sales in May 2014, down from 35 in May 2013 and a 21% increase from the 24 sales closed last month. The average list price for single family home sales in May 2014 was $3,048,448 compared to $2,565,257 for May 2013, representing a 19% increase. For the three-month period from March to May 2014, the average list price was 27% higher than the same period of the prior year. Average sales price for May 2014 was $3,011,286, compared to that of March through May 2014, which was $3,419,540. Comparing May 2014 to April 2014, Pacific Palisades saw a 16% decrease in average sale price, but a 20% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$928,940

$676,661

$1,433,500

AVERAGE LIST PRICE PER SQUARE FOOT

$539.48

$473.66

$614.51

AVERAGE SOLD PRICE

$924,215

$680,698

$1,411,250

AVERAGE SOLD PRICE PER SQUARE FOOT

$536.89

$477.17

$604.97

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

99%

101%

98%

ALL

< $1M

$1M - $3M

> $3M

$791,324

$736,900

$1,199,500

$443.51

$440.10

$459.93

$768,500

$725,300

$1,092,500

$430.72

$433.17

$418.90

AVERAGE LIST PRICE

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

3.5

2.4

10.5

97%

98%

91%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

17%

-8%

20%

AVERAGE LIST PRICE PER SQUARE FOOT

22%

34%

AVERAGE SOLD PRICE

20%

-6%

29%

AVERAGE SOLD PRICE PER SQUARE FOOT

25%

10%

44%

41%

300%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

PALMS - MAR VISTA

SINGLE FAMILY HOME SALES Adjacent to Culver City and minutes from the ocean and UCLA is the community of Palms – Mar Vista. Named after its magnificent views of the ocean along its hilly border near Santa Monica, Palms – Mar Vista is one of the oldest communities in Los Angeles and one of the least dense in all of West Los Angeles. Palms – Mar Vista is full of homes built during the 1920s and 1930s as well as an abundance of wonderfully preserved mid-century modern architecture. Those seeking 1920s homes, 1930s homes and mid-century modern architecture can also enjoy the area’s Mar Vista Park, covering an entire city block with a new recreation center and roller hockey rink. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,136,391

$786,009

$1,427,253

$2,995,000

$644.94

$660.38

$635.22

$680.68

$1,159,595

$799,868

$1,457,465

$3,100,000

$658.98

$671.53

$650.28

$704.55

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.7

1.5

2.0

102%

104%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2013

$883,551

$715,117

$1,321,480

AVERAGE LIST PRICE PER SQUARE FOOT

$553.38

$547.32

$562.15

$908,905

$740,845

$1,345,860

$569.83

$567.41

$573.32

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.4

1.1

2.3

103%

104%

102%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

29%

10%

AVERAGE LIST PRICE PER SQUARE FOOT

17%

21%

13%

AVERAGE SOLD PRICE

28%

AVERAGE SOLD PRICE PER SQUARE FOOT

16%

18%

13%

TOTAL SFH SOLD

-6%

-37%

72%

TOTAL SFH FOR SALE AT END OF PERIOD

14%

-17%

53%

AVERAGE MONTHLY SUPPLY OF INVENTORY

21%

32%

-11%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

-2%

AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

(Source: MLS/CLAW)

PALMS - MAR VISTA

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Palms - Mar Vista there were 29 single family home sales in May 2014, up from 27 in May 2013 and a 3% decrease from the 30 sales closed last month. The average list price for single family home sales in May 2014 was $1,063,379 compared to $966,922 for May 2013, representing a 10% increase. For the three-month period from March to May 2014, the average list price was 29% higher than the same period of the prior year. Average sales price for May 2014 was $1,074,810, compared to that of March through May 2014, which was $1,159,595. Comparing May 2014 to April 2014, Palms - Mar Vista saw a 2% decrease in average sale price, but a 9% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$510,621

$486,237

$1,169,000

AVERAGE LIST PRICE PER SQUARE FOOT

$438.09

$429.00

$574.73

AVERAGE SOLD PRICE

$510,054

$488,204

$1,100,000

$437.60

$430.74

$540.81

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

100%

94%

ALL

< $1M

$1M - $3M

> $3M

$428,572

$369.79

$433,935

$374.42

AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.8

101%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

19%

13%

AVERAGE LIST PRICE PER SQUARE FOOT

18%

16%

AVERAGE SOLD PRICE

18%

13%

AVERAGE SOLD PRICE PER SQUARE FOOT

17%

15%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-1%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

PLAYA DEL REY

SINGLE FAMILY HOME SALES Playa Del Rey is a bedroom community along the beach, south and adjacent to the Marina Del Rey harbor channel. Its early history dates back to a land grant in 1839 from the Mexican governor. Today Playa Del Rey real estate includes a mix of 1920’s homes, beach cottages from the 1940’s and multi-million dollar elegant new houses. Only 10 minutes from Los Angeles International Airport, Playa Del Rey also is home to Dockweiler Beach Park, a popular short term camping area for recreational vehicles. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,531,533

$944,500

$1,374,500

$5,450,000

$496.85

$445.57

$510.74

$502.49

$1,507,000

$928,750

$1,379,000

$5,100,000 $470.22

$488.89

$438.14

$512.41

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

3.2

0.8

3.9

6.0

98%

100%

94%

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

ALL

< $1M

$1M - $3M

> $3M

$1,151,788

$795,900

$1,300,075

$444.70

$487.27

$435.00

$1,149,926

$793,600

$1,298,396

$443.98

$485.86

$434.44

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

2.1

1.2

2.0

100%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

33%

19%

AVERAGE LIST PRICE PER SQUARE FOOT

12%

-9%

17%

AVERAGE SOLD PRICE

31%

17%

AVERAGE SOLD PRICE PER SQUARE FOOT

10%

-10%

18%

TOTAL SFH SOLD

-12%

-20%

-17%

TOTAL SFH FOR SALE AT END OF PERIOD

33%

-50%

63%

AVERAGE MONTHLY SUPPLY OF INVENTORY

51%

-38%

95%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

(Source: MLS/CLAW)

PLAYA DEL REY

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Playa Del Rey there were 7 condominium sales in May 2014, down from 15 in May 2013 and a 50% decrease from the 14 sales closed last month. The average list price for condo sales in May 2014 was $616,143 compared to $479,340 for May 2013, representing a 29% increase. For the three-month period from March to May 2014, the average list price was 32% higher than the same period of the prior year. Average sales price for May 2014 was $596,643, compared to that of March through May 2014, which was $552,962. Comparing May 2014 to April 2014, Playa Del Rey saw a 31% increase in average sale price, and a 26% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$563,812

$518,929

$1,259,500

AVERAGE LIST PRICE PER SQUARE FOOT

$468.93

$442.59

$756.46

$552,962

$509,282

$1,230,000

$459.91

$434.36

$738.74

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

98%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$427,590

$411,699

$1,095,000

AVERAGE LIST PRICE PER SQUARE FOOT

$385.05

$379.11

$511.68

AVERAGE SOLD PRICE

$427,407

$412,583

$1,050,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$384.88

$379.92

$490.65

AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

0.7

0.6

3.0

100%

96%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

32%

26%

15%

AVERAGE LIST PRICE PER SQUARE FOOT

22%

17%

48%

AVERAGE SOLD PRICE

29%

23%

17%

AVERAGE SOLD PRICE PER SQUARE FOOT

19%

14%

51%

TOTAL CONDOS SOLD

-23%

-26%

100%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-2%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

PLAYA VISTA

SINGLE FAMILY HOME SALES Playa Vista, bordered by Marina Del Rey, Loyola Marymount University and Westchester, was recognized in1998 as one of the most technologically advanced communities ever planned and has led the nation as an early model for sustainable development. With a range of properties from luxury to affordable, Playa Vista features an array of parks, recreational amenities and a wildlife preserve. Playa Vista is a fully connected community with complete broadband and telecommunications capabilities and is home to gaming giants Electronic Arts and the architectural firm of Frank Gehry. The area features a mix of luxury and affordable housing. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,000,000

$362.58

$1,000,000

$362.58

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

18.0

100%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013

ALL

< $1M

$1M - $3M

> $3M

$1,250,000

$450.29

$1,250,000

$450.29

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

12.0

100%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

-20%

AVERAGE LIST PRICE PER SQUARE FOOT

-19%

AVERAGE SOLD PRICE

-20%

AVERAGE SOLD PRICE PER SQUARE FOOT

-19%

TOTAL SFH FOR SALE AT END OF PERIOD

50%

AVERAGE MONTHLY SUPPLY OF INVENTORY

50%

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

TOTAL SFH SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

(Source: MLS/CLAW)

PLAYA VISTA

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Playa Vista there were 8 condominium sales in May 2014, down from 17 in May 2013 and a 38% decrease from the 13 sales closed last month. The average list price for condo sales in May 2014 was $717,991 almost matching $694,009 for May 2013. For the three-month period from March to May 2014, the average list price was 9% higher than the same period of the prior year. Average sales price for May 2014 was $725,553, compared to that of March through May 2014, which was $710,859. Comparing May 2014 to April 2014, Playa Vista saw a 6% increase in average sale price, and a 4% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2014

$704,997

$687,354

$1,199,000

AVERAGE LIST PRICE PER SQUARE FOOT

$455.98

$461.46

$383.07

AVERAGE SOLD PRICE

$710,859

$693,212

$1,205,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$459.77

$465.39

$384.98

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

101%

ALL

< $1M

$1M - $3M

> $3M

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

$649,207

$616,502

$1,172,500

AVERAGE LIST PRICE PER SQUARE FOOT

$408.79

$403.80

$456.23

AVERAGE SOLD PRICE

$657,024

$628,963

$1,106,000

$413.71

$411.96

$430.35

AVERAGE LIST PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.5

101%

102%

94%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

11%

AVERAGE LIST PRICE PER SQUARE FOOT

12%

14%

-16%

AVERAGE SOLD PRICE

10%

AVERAGE SOLD PRICE PER SQUARE FOOT

11%

13%

-11%

-15%

-13%

-50%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-1%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

SANTA MONICA

SINGLE FAMILY HOME SALES Santa Monica offers more than simply a home. There are fishing and yacht clubs and exquisite fine dining right in your own backyard. Santa Monica is located on the Westside of Los Angeles and is comprised of 8.3 square miles of vibrant commercial districts, neighboring residential communities and a terrific public school system. Centered on three miles of wide, white, sandy beaches, Santa Monica has become a popular international destination, with many attractions such as The Santa Monica pier, Third Street Promenade, Main Street, and the ultra chic Montana Avenue. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$2,400,831

$947,817

$1,722,143

$4,898,692

$949.46

$805.05

$888.15

$1,030.82

$2,419,568

$893,750

$1,830,762

$4,709,040 $990.91

$956.03

$759.13

$944.35

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

3.1

1.0

2.5

5.8

101%

94%

106%

96%

ALL

< $1M

$1M - $3M

> $3M

$2,522,054

$711,200

$1,793,388

$5,117,360

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$937.04

$649.14

$809.38

$1,129.18

$2,473,992

$796,200

$1,809,330

$4,850,000

$812.71

$1,070.71

$917.23

$726.73

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

2.2

0.6

1.6

4.4

98%

112%

101%

95%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

-5%

33%

-4%

AVERAGE LIST PRICE PER SQUARE FOOT

24%

10%

-9%

AVERAGE SOLD PRICE

-2%

12%

-3%

AVERAGE SOLD PRICE PER SQUARE FOOT

16%

-7%

TOTAL SFH SOLD

-11%

20%

-15%

-13%

TOTAL SFH FOR SALE AT END OF PERIOD

24%

100%

32%

14%

AVERAGE MONTHLY SUPPLY OF INVENTORY

41%

67%

54%

31%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-16%

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

(Source: MLS/CLAW)

SANTA MONICA

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Santa Monica there were 33 condominium sales in May 2014, down from 41 in May 2013 and a 25% decrease from the 44 sales closed last month. The average list price for condo sales in May 2014 was $979,630 compared to $1,030,634 for May 2013. For the three-month period from March to May 2014, the average list price was 3% higher than the same period of the prior year. Average sales price for May 2014 was $993,230, compared to that of March through May 2014, which was $918,576. Comparing May 2014 to April 2014, Santa Monica saw a 4% increase in average sale price, but a 1% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014 AVERAGE LIST PRICE

ALL

< $1M

$1M - $3M

> $3M

$911,157

$685,604

$1,296,341

$3,897,000

AVERAGE LIST PRICE PER SQUARE FOOT

$683.39

$587.05

$756.60

$1,703.61

AVERAGE SOLD PRICE

$918,576

$696,192

$1,305,586

$3,757,500

AVERAGE SOLD PRICE PER SQUARE FOOT

$690.62

$598.96

$761.99

$1,642.62

107

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

101%

102%

101%

96%

ALL

< $1M

$1M - $3M

> $3M $5,597,500

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

$887,580

$632,948

$1,406,333

AVERAGE LIST PRICE PER SQUARE FOOT

$670.33

$548.58

$803.09

$1,582.33

AVERAGE SOLD PRICE

$875,748

$633,675

$1,383,975

$5,150,000

AVERAGE LIST PRICE

$661.12

$548.91

$790.32

$1,455.83

TOTAL CONDOS SOLD

121

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.1

1.0

1.2

4.5

99%

100%

98%

92%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-8%

-30%

AVERAGE LIST PRICE PER SQUARE FOOT

-6%

AVERAGE SOLD PRICE

10%

-6%

-27%

AVERAGE SOLD PRICE PER SQUARE FOOT

-4%

13%

-12%

-17%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

SILVERLAKE - ECHO PARK

SINGLE FAMILY HOME SALES

The hilly neighborhood of Silverlake can be found east of Hollywood and northwest of Downtown Los Angeles. Silverlake is the home of its namesake reservoir and its reputable music scene. The community is both socioeconomically and ethnically diverse bringing it tremendous character. Echo Park is one of Los Angeles’ most long-established neighborhoods, finding its origin in the late 1880’s. Its rolling hills and steep bluffs enrich this prime location featuring Craftsman-style homes, Spanish-style bungalows, and modern architecture. This Eastside enclave is the home to the annual Lotus Festival, the Cuban Festival, and historic Filipinotown as well as many famous residents. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE

ALL

< $1M

$1M - $3M

> $3M

$860,498

$689,808

$1,279,300

$3,750,000

AVERAGE LIST PRICE PER SQUARE FOOT

$492.31

$468.64

$508.32

$830.56

AVERAGE SOLD PRICE

$895,771

$700,102

$1,411,269

$3,500,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$512.22

$475.64

$561.35

$775.19

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.6

1.7

1.2

104%

101%

110%

93%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013

ALL

< $1M

$1M - $3M

> $3M

$684,531

$581,451

$1,199,929

$474.32

$447.83

$555.46

AVERAGE SOLD PRICE

$706,557

$597,445

$1,252,114

AVERAGE SOLD PRICE PER SQUARE FOOT

$490.36

$461.05

$580.10

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.4

1.3

1.7

103%

104%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

26%

19%

AVERAGE LIST PRICE PER SQUARE FOOT

-8%

AVERAGE SOLD PRICE

27%

17%

13%

AVERAGE SOLD PRICE PER SQUARE FOOT

-3%

TOTAL SFH SOLD

-6%

43%

TOTAL SFH FOR SALE AT END OF PERIOD

21%

27%

AVERAGE MONTHLY SUPPLY OF INVENTORY

17%

34%

-30%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

AVERAGE LIST PRICE

(Source: MLS/CLAW)

SILVERLAKE - ECHO PARK

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Silver Lake - Echo Park there were 34 single family home sales in May 2014, up from 32 in May 2013 and a 13% increase from the 30 sales closed last month. The average list price for single family home sales in May 2014 was $958,409 compared to $713,806 for May 2013, representing a 34% increase. For the three-month period from March to May 2014, the average list price was 26% higher than the same period of the prior year. Average sales price for May 2014 was $1,022,353, compared to that of March through May 2014, which was $895,771. Comparing May 2014 to April 2014, Silver Lake - Echo Park saw a 21% increase in average sale price, and a 37% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$454,575

AVERAGE LIST PRICE PER SQUARE FOOT

$396.47

AVERAGE SOLD PRICE

$454,781

AVERAGE SOLD PRICE PER SQUARE FOOT

$396.65

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

100%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

$498,884

AVERAGE LIST PRICE PER SQUARE FOOT

$358.39

AVERAGE SOLD PRICE

$494,551

AVERAGE SOLD PRICE PER SQUARE FOOT

$355.28

AVERAGE LIST PRICE

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

0.7

99%

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-9%

AVERAGE LIST PRICE PER SQUARE FOOT

11%

AVERAGE SOLD PRICE

-8%

AVERAGE SOLD PRICE PER SQUARE FOOT

12%

78%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

SUNSET STRIP-HOLLYWOOD HILLS SINGLE FAMILY HOME SALES The Sunset Strip is the world famous stretch of Sunset Boulevard in West Hollwood that stretches from Hollywood to Beverly Hills. The Strip, which includes Sunset Plaza, is known for its famous collection of shops and boutiques, cafes and restaurants, rock joints, and night clubs. It is easily idenifiable with its colorful collection of billboards and is located at the base of the Hollywood Hills and is just below the famed “Bird Streets” – from Blue Jay, Tanager and Thrush Ways to Nightingale, and Kinglet Drives - a favorite area of A-List celebrities from Hollywood stars to the most well known international music acts to call home. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$2,373,083

$772,935

$1,804,784

$5,898,526

$815.09

$608.58

$720.28

$1,107.35

$2,268,927

$750,470

$1,778,296

$5,435,138 $1,075.56

$798.16

$590.89

$709.62

TOTAL SFH SOLD

106

TOTAL SFH FOR SALE AT END OF PERIOD

201

111

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

5.7

4.1

4.8

10.6

96%

97%

99%

92%

ALL

< $1M

$1M - $3M

> $3M

$2,115,705

$793,272

$1,795,024

$6,203,500

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$778.60

$488.65

$640.13

$1,248.69

$2,042,501

$787,264

$1,750,589

$5,885,159 $1,183.83

$751.28

$484.70

$623.76

TOTAL SFH SOLD

140

TOTAL SFH FOR SALE AT END OF PERIOD

155

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

3.3

0.9

3.9

7.4

97%

99%

98%

95%

ALL

< $1M

$1M - $3M

> $3M

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

12%

-3%

-5%

AVERAGE LIST PRICE PER SQUARE FOOT

25%

13%

-11%

AVERAGE SOLD PRICE

11%

-5%

-8%

AVERAGE SOLD PRICE PER SQUARE FOOT

22%

14%

-9%

TOTAL SFH SOLD

-24%

-67%

-14%

TOTAL SFH FOR SALE AT END OF PERIOD

30%

53%

29%

24%

AVERAGE MONTHLY SUPPLY OF INVENTORY

71%

369%

22%

44%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-1%

-2%

-3% (Source: MLS/CLAW)

CONDOMINIUM SALES

SUNSET STRIP - HOLLYWOOD HILLS

MAY MARKET OVERVIEW In Sunset Strip - Hollywood Hills West there were 35 single family home sales in May 2014, down from 49 in May 2013 and a similar performance from the 35 sales closed last month. The average list price for single family home sales in May 2014 was $2,640,829 compared to $2,422,048 for May 2013, representing a 9% increase. For the three-month period from March to May 2014, the average list price was 12% higher than the same period of the prior year. Average sales price for May 2014 was $2,445,583, compared to that of March through May 2014, which was $2,268,927. Comparing May 2014 to April 2014, Sunset Strip - Hollywood Hills West saw a 12% increase in average sale price, and a 4% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014 AVERAGE LIST PRICE

ALL

< $1M

$1M - $3M

> $3M

$665,358

$494,085

$1,875,000

$3,395,000

AVERAGE LIST PRICE PER SQUARE FOOT

$556.32

$428.09

$1,515.76

$1,603.68

AVERAGE SOLD PRICE

$665,612

$493,057

$1,800,000

$3,500,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$556.53

$427.19

$1,455.13

$1,653.28

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

100%

96%

103%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$731,974

$436,596

$2,895,000

$3,495,000

AVERAGE LIST PRICE PER SQUARE FOOT

$653.45

$410.62

$1,731.46

$2,090.31

AVERAGE SOLD PRICE

$712,033

$433,787

$2,732,000

$3,350,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$634.95

$407.41

$1,633.97

$2,003.59

1 -

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.3

1.1

4.5

97%

99%

94%

96%

> $3M

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-9%

13%

-35%

-3%

AVERAGE LIST PRICE PER SQUARE FOOT

-15%

-12%

-23%

AVERAGE SOLD PRICE

-7%

14%

-34%

AVERAGE SOLD PRICE PER SQUARE FOOT

-12%

-11%

-17%

-7%

-4%

-50%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

VENICE

SINGLE FAMILY HOME SALES Venice is a beachfront district on the Westside of Los Angeles, California, known for its bungalows, cottages, condos and oceanfront properties. A short walk from some of the finest and trendiest beachside restaurants and bars in Los Angeles, Venice offers surfing, kayaking, boating, biking, boogie boarding and outdoor summer concerts. The famous Venice Beach Strip and Muscle Beach are a short walk away. With its variety of bungalows, cottages, condos and oceanfront listings, Venice is an ideal retreat for family, friends or couples, for work or play, and is one of Los Angeles’s most sought-after neighborhoods. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,931,587

$886,000

$1,688,123

$5,898,750

$901.64

$966.98

$879.80

$974.84

$1,897,483

$887,000

$1,669,501

$5,643,750

$885.72

$968.08

$870.10

$932.70

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.0

2.3

1.9

3.0

98%

100%

99%

96%

ALL

< $1M

$1M - $3M

> $3M

$1,521,715

$860,727

$1,646,524

$3,925,000

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$843.78

$688.04

$859.89

$1,075.34

$1,524,227

$877,818

$1,648,194

$3,800,000

$858.36

$1,041.10

$843.51

$704.52

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

2.4

1.6

2.3

12.0

100%

102%

100%

97%

ALL

< $1M

$1M - $3M

> $3M

27%

50%

41%

-9%

24%

49%

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

37%

-10%

TOTAL SFH SOLD

10%

-64%

23%

300%

TOTAL SFH FOR SALE AT END OF PERIOD

-8%

-50%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-16%

38%

-19%

-75%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

-2%

-1%

-1% (Source: MLS/CLAW)

VENICE

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Venice there were 27 single family home sales in May 2014, up from 19 in May 2013 and a 200% increase from the 9 sales closed last month. The average list price for single family home sales in May 2014 was $1,789,404 compared to $1,557,708 for May 2013, representing a 15% increase. For the three-month period from March to May 2014, the average list price was 27% higher than the same period of the prior year. Average sales price for May 2014 was $1,778,000, compared to that of March through May 2014, which was $1,897,483. Comparing May 2014 to April 2014, Venice saw a 32% decrease in average sale price, but a 15% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$1,106,600

$688,001

$1,385,667

$781.66

$597.61

$870.39

$1,119,730

$702,500

$1,397,883

$790.94

$610.21

$878.07

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

101%

102%

101%

ALL

< $1M

$1M - $3M

> $3M

$1,176,765

$599,667

$1,300,429

$676.90

$521.60

$697.41

$1,151,206

$593,333

$1,270,750

$662.19

$516.09

$681.50

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.8

1.0

1.9

98%

99%

98%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-6%

15%

AVERAGE LIST PRICE PER SQUARE FOOT

15%

25%

AVERAGE SOLD PRICE

-3%

18%

10%

0% 0%

AVERAGE SOLD PRICE PER SQUARE FOOT

19%

18%

29%

TOTAL CONDOS SOLD

-41%

33%

-57%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

WEST HOLLYWOOD

SINGLE FAMILY HOME SALES West Hollywood is a thriving, diverse community on the leading edge of culture, entertainment, and design - and is home to the internationally reknown Pacific Design Center. Minutes away is the Hollywood Bowl, The Greek Theatre, and The Getty Center. The uniquely compact city boasts the Sunset Strip, Santa Monica Boulevard, Robertson, and Melrose; truly Los Angeles’ Mecca for fashion, fine dining, unparalleled nightlife, and the worldrenowned entertainment industry. Incorporated in 1984, West Hollywood has been instrumental since its start in achieving cultural, environmental, and political breakthroughs. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,444,211

$819,750

$1,548,288

$802.47

$715.78

$813.49

$1,439,751

$802,250

$1,546,001

$$-

$801.98

$700.50

$814.88

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

2.9

3.8

2.6

100%

98%

100%

ALL

< $1M

$1M - $3M

> $3M

$1,269,230

$782,825

$1,380,822

$3,950,000

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$718.35

$683.41

$726.82

$700.73

$1,276,353

$797,993

$1,391,310

$3,720,000

$720.55

$712.34

$727.38

$659.93

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

0.8

0.6

0.9

101%

102%

101%

94%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

14%

12%

-100%

AVERAGE LIST PRICE PER SQUARE FOOT

12%

-100%

AVERAGE SOLD PRICE

13%

11%

-100%

AVERAGE SOLD PRICE PER SQUARE FOOT

11%

-2%

12%

-100%

-46%

-71%

-35%

-100% 0%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON

TOTAL SFH SOLD TOTAL SFH FOR SALE AT END OF PERIOD AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

93%

67%

91%

258%

483%

194%

-1%

-4%

-1%

-100% (Source: MLS/CLAW)

WEST HOLLYWOOD

CONDOMINIUM SALES MAY MARKET OVERVIEW

In West Hollywood Vicinity there were 35 condominium sales in May 2014, which is the same as May 2013 and a 3% decrease from the 36 sales closed last month. The average list price for condo sales in May 2014 was $671,569 compared to $570,251 for May 2013, representing an 18% increase. For the three-month period from March to May 2014, the average list price was 20% higher than the same period of the prior year. Average sales price for May 2014 was $676,197, compared to that of March through May 2014, which was $672,801. Comparing May 2014 to April 2014, West Hollywood Vicinity was flat in average sale price, but a 19% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$675,967

$609,117

$1,271,545

$574.40

$541.83

$764.44

$672,801

$607,740

$1,252,432

$571.82

$540.79

$752.95

109

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

100%

98%

ALL

< $1M

$1M - $3M

> $3M

$564,219

$532,424

$1,295,500

$471.15

$455.71

$690.29

$565,314

$534,186

$1,281,250

$471.86

$456.99

$682.70

AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.3

1.9

12.8

100%

99%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

20%

14%

-2%

AVERAGE LIST PRICE PER SQUARE FOOT

22%

19%

11%

AVERAGE SOLD PRICE

19%

14%

-2%

AVERAGE SOLD PRICE PER SQUARE FOOT

21%

18%

10%

14%

175%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-1%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

WEST LOS ANGELES

SINGLE FAMILY HOME SALES Surrounded by Santa Monica, Beverly Hills, the ocean and the Santa Monica Mountains is the city of West Los Angeles, known for its 1920s, mid-century and contemporary architecture. With its rolling hills and proximity to the ocean, West Los Angeles was originally developed as an upscale community and is still considered one of the most desirable areas to live in Los Angeles today. With its central location between Los Angeles and the ocean, West Los Angeles has attracted a diverse range of commercial development to add to its 1920s through mid-century and contemporary architecture. The area is home to some of the world’s finest shopping. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$880,331

$761,754

$1,253,000

AVERAGE LIST PRICE PER SQUARE FOOT

$572.25

$586.17

$547.40

AVERAGE SOLD PRICE

$890,317

$770,023

$1,268,385

AVERAGE LIST PRICE

$578.74

$592.53

$554.12

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.0

1.8

2.6

101%

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAR - MAY 2013

$682,166

$647,466

$1,144,833

AVERAGE LIST PRICE PER SQUARE FOOT

$464.07

$454.55

$548.38

AVERAGE SOLD PRICE

$677,583

$643,555

$1,131,293

AVERAGE SOLD PRICE PER SQUARE FOOT

$461.93

$452.90

$541.89

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

0.7

1.0

99%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

29%

18%

AVERAGE LIST PRICE PER SQUARE FOOT

23%

29%

AVERAGE SOLD PRICE

31%

20%

12%

AVERAGE SOLD PRICE PER SQUARE FOOT

25%

31%

TOTAL SFH SOLD

-33%

-45%

133%

TOTAL SFH FOR SALE AT END OF PERIOD

90%

44%

500%

AVERAGE MONTHLY SUPPLY OF INVENTORY

182%

163%

157%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

(Source: MLS/CLAW)

WEST LOS ANGELES

CONDOMINIUM SALES MAY MARKET OVERVIEW

In West Los Angeles there were 13 condominium sales in May 2014, down from 24 in May 2013 and a 38% decrease from the 21 sales closed last month. The average list price for condo sales in May 2014 was $627,988 almost matching $611,404 for May 2013. For the three-month period from March to May 2014, the average list price was 2% higher than the same period of the prior year. Average sales price for May 2014 was $623,162, compared to that of March through May 2014, which was $606,571. Comparing May 2014 to April 2014, West Los Angeles was flat in average sale price, but a 2% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014

ALL

< $1M

$1M - $3M

> $3M

$608,005

AVERAGE LIST PRICE PER SQUARE FOOT

$489.24

AVERAGE SOLD PRICE

$606,571

AVERAGE SOLD PRICE PER SQUARE FOOT

$488.20

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

100%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

$597,025

$586,258

$1,199,990

AVERAGE LIST PRICE PER SQUARE FOOT

$410.24

$408.56

$461.18

AVERAGE SOLD PRICE

$613,140

$603,464

$1,155,000

AVERAGE SOLD PRICE PER SQUARE FOOT

$421.43

$420.69

$443.89

AVERAGE LIST PRICE

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

1.4

1.2

9.0

103%

96%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

-100%

AVERAGE LIST PRICE PER SQUARE FOOT

19%

20%

-100%

AVERAGE SOLD PRICE

-1%

-100%

AVERAGE SOLD PRICE PER SQUARE FOOT

16%

-100%

-11%

-9%

-100%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-3%

-100%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

WESTWOOD - CENTURY CITY

SINGLE FAMILY HOME SALES

Westwood is a neighborhood in the northern central portion of the Westside of Los Angeles, California, known for its condos, townhomes, California bungalows and single-family homes. Westwood is the home of the University of California, Los Angeles (UCLA), and is also a center for movie-going on the Westside and the site of many movie premieres. Century City is a 176acre commercial and residential district on the Westside of the city of Los Angeles. Century City is also an important business center. Many law firms and executives, particularly those with ties to the film, television and music industries, have offices there. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) MAR - MAY 2014 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

ALL

< $1M

$1M - $3M

> $3M

$2,000,718

$1,050,000

$1,710,242

$4,108,000

$721.62

$754.85

$683.39

$846.07

$2,059,297

$990,000

$1,783,229

$4,095,200 $843.43

$743.28

$711.72

$713.52

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

2.8

3.0

2.5

4.8

103%

94%

104%

100%

ALL

< $1M

$1M - $3M

> $3M

$1,573,243

$849,328

$1,661,287

$3,295,000

SFH MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE

$665.82

$583.22

$666.20

$881.25

$1,594,429

$869,143

$1,685,782

$3,200,000 $855.84

$674.78

$596.82

$676.03

TOTAL SFH SOLD

TOTAL SFH FOR SALE AT END OF PERIOD

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

1.4

0.4

1.3

9.0

101%

102%

101%

97%

ALL

< $1M

$1M - $3M

> $3M 25%

SFH MAY/MAY COMPARISON AVERAGE LIST PRICE

27%

24%

AVERAGE LIST PRICE PER SQUARE FOOT

29%

-4%

29%

14%

28%

AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

10%

19%

-1%

TOTAL SFH SOLD

-15%

-86%

-13%

400%

TOTAL SFH FOR SALE AT END OF PERIOD AVERAGE MONTHLY SUPPLY OF INVENTORY AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

71%

59%

167%

102%

600%

83%

-47%

-8%

3% (Source: MLS/CLAW)

WESTWOOD - CENTURY CITY

CONDOMINIUM SALES MAY MARKET OVERVIEW

In Westwood - Century City there were 44 condominium sales in May 2014, which is the same as May 2013 and a 10% decrease from the 49 sales closed last month. The average list price for condo sales in May 2014 was $1,135,270 compared to $974,532 for May 2013, representing a 16% increase. For the three-month period from March to May 2014, the average list price was 40% higher than the same period of the prior year. Average sales price for May 2014 was $1,113,120, compared to that of March through May 2014, which was $1,137,313. Comparing May 2014 to April 2014, Westwood - Century City saw a 4% decrease in average sale price, but a 22% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) MAR - MAY 2014 AVERAGE LIST PRICE

ALL

< $1M

$1M - $3M

> $3M

$1,177,137

$673,163

$1,962,480

$4,757,500

$688.70

$482.35

$795.62

$1,456.76

$1,137,313

$662,821

$1,837,004

$4,607,500

$665.40

$474.94

$744.75

$1,410.83

145

110

TOTAL CONDOS FOR SALE AT END OF PERIOD

AVERAGE MONTHLY SUPPLY OF INVENTORY

97%

98%

94%

97%

ALL

< $1M

$1M - $3M

> $3M

$838,833

$643,573

$1,696,211

$4,897,500

$486.56

$422.17

$593.50

$1,385.43

$803,042

$639,309

$1,564,764

$3,800,000

$465.48

$419.08

$547.50

$1,074.96

146

125

AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS MAR - MAY 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

171

AVERAGE MONTHLY SUPPLY OF INVENTORY

3.5

2.0

9.6

39.0

96%

99%

92%

78%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

MAY/MAY COMPARISON

40%

16%

-3%

AVERAGE LIST PRICE PER SQUARE FOOT

42%

14%

34%

AVERAGE SOLD PRICE

42%

17%

21%

AVERAGE SOLD PRICE PER SQUARE FOOT

43%

13%

36%

31%

-1%

-12%

32%

400%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-1%

25%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)