micro market report luxury real estate market research April 2015 | LOS ANGELES, ORANGE, SANTA BARBARA, & MONTEREY COUNTIES
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Reading the Report
“Each Micro Market area contains an analysis of current conditions and past trends. In order to take the most away from this report, it is important to understand how to read each micro market.
The Data presents statistical information about past and current conditions, comparing the previous year’s month to the current month. Each statistic is compiled from sales data during the month of the respective year. It is then analyzed by Percent Change, which is calculated by taking Current Value minus Past Value and then divided by Past Value.
The Numbers is a compilation of important take-away statistics for each area to gain a quick understanding of market conditions. Median Sales Price and Days on market are 12 month averages for the period ending in the current month. The values for Properties for Sale and Shadow Inventory are presented in both text and graphical form to show the relationship of Shadow to Active Inventory.
The Yearly Trend presents the Median Sales Prices for each month during the past year in graphical format to easily visualize the changes and help identify any trends in sales for that micro market.
MEDIAN PRICE:
DAYS OF MARKET (PENDING SALE):
A value that separates the upper half
The number of days that properties
of prices from the lower half of prices.
currently in escrow were on the market.
It can be interpreted like an average, however the extreme prices (high and
MONTH’S SUPPLY OF INVENTORY:
low) don’t hold undue influence.
The number of months it would take to sell all the properties listed for sale at
AVERAGE PRICE PER SQUARE FOOT:
the current pace of sales and if no new
The price of each property divided by
listings entered the market.
their respective square footage then averaged across all properties sold in
PERCENT UNDER CONTRACT:
the area for a given time period.
The ratio of properties for sale to properties pending sale.
PROPERTIES SOLD:
The number of property transactions
AVERAGE MEDIAN PRICE FOR LAST 12:
that closed and transferred ownership.
The Average Median Price for the Last 12 Months is sales data from 12 months
PROPERTIES PENDING SALE:
The number of properties that entered escrow in preparation for sale. PROPERTIES FOR SALE:
The number of properties on the market and seeking buyers.
ending in the identified month.
Los Angeles County
Los Angeles County Macro
Mid Los Angeles
Palos Verdes Estates
North Hollywood
Bel Air - Holmby Hills
Mid Wilshire
Rancho Palos Verdes
Shadow Hills
Beverly Center - Miracle Mile
Pacific Palisades
Redondo Beach - North
Sherman Oaks
Beverly Hills
Palms - Mar Vista
Redondo Beach - South
Studio City
Beverly Hills P.O.
Playa del Rey
Rolling Hills
Sun Valley
Beverlywood
Playa Vista
Rolling Hills Estates
Sunland - Tujunga
Brentwood
Santa Monica
San Pedro
Tarzana
Cheviot Hills - Rancho Park
Sunset Strip - Hollywood Hills West
Torrance - County Strip
Toluca Lake
Culver City
Venice
Torrance - North
Valley Village
Hancock Park - Wilshire
West Hollywood
Torrance - Southeast
Woodland Hills
Hollywood
West Los Angeles
Torrance - South
San Gabriel Valley Macro
Hollywood Hills East
Westchester
Torrance - West
Altadena
Laurel Canyon
Westwood - Century City
San Fernando Macro
Arcadia
Los Feliz
South Bay Macro
Burbank
Duarte
Malibu
El Segundo
Encino
Eagle Rock
Malibu Beach
Hermosa Beach
Glendale
La Canada Flintridge
Marina del Rey
Manhattan Beach
La Crescenta
Monrovia
Micro Market Report : April 2015
telesproperties.com
County: LOS ANGELES Area: 4,752 SQ MILES Founded: 1850
Pasadena San Gabriel San Marino Sierra Madre South Pasadena
Micro Market Report : April 2015
telesproperties.com
Los Angeles County DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$515,000
$535,000
$498,500
$536,000
4.1%
Average Price per Square Foot ...........................
$402
$423
$407
$423
5.2%
Properties Sold .......................................................
3977
4061
2684
4460
12.1%
Properties Pending Sale .......................................
4082
4193
3797
5420
32.8%
Properties For Sale ................................................
18,823
20,828
16,372
18,190
-3.4%
Days on Market (Pending Sale) ...........................
55
63
56
42
-23.6%
Month’s Supply of Inventory ................................
4.7
5.1
6.1
4.1
-13.8%
Percent Under Contract ........................................
21.7%
20.1%
23.2%
29.8%
37.4%
Average Median Price for Last 12 Months ........
$606,000
$512,295
$519,089
$523,213
-15.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$515
MAY
$536,000
JUN JUL
MEDIAN SALES PRICE
AUG
$423
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$536 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Bel-Air Holmby Hills DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$7,400,000
$2,011,100
$2,950,000
$2,377,500
-67.9%
Average Price per Square Foot ...........................
$969
$694
$967
$1,845
90.4%
Properties Sold .......................................................
3
10
15
10
233.3%
Properties Pending Sale .......................................
9
24
18
18
100.0%
Properties For Sale ................................................
107
137
113
117
9.3%
Days on Market (Pending Sale) ...........................
136
67
105
46
-66.2%
Month’s Supply of Inventory ................................
35.7
13.7
7.5
11.7
-67.2%
Percent Under Contract ........................................
8.4%
17.5%
15.9%
15.4%
82.9%
Average Median Price for Last 12 Months ........
$2,343,000
$2,160,000
$2,312,500
$2,706,800
13.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $7.400
APR MAY
$2,377,500
JUN JUL
MEDIAN SALES PRICE
AUG
$1,845
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
11.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.377 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Beverly Center - Miracle Mile DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,265,000
$1,250,000
$1,265,000
$1,470,000
16.2%
Average Price per Square Foot ...........................
$623
$612
$607
$643
3.2%
Properties Sold .......................................................
13
20
8
20
53.8%
Properties Pending Sale .......................................
15
13
16
21
40.0%
Properties For Sale ................................................
58
61
69
66
13.8%
Days on Market (Pending Sale) ...........................
51
65
41
23
-54.9%
Month’s Supply of Inventory ................................
4.5
3
8.6
3.3
-26.0%
Percent Under Contract ........................................
25.9%
21.3%
23.2%
31.8%
23.0%
Average Median Price for Last 12 Months ........
$1,242,000
$1,387,508
$1,410,167
$1,359,138
8.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.265
MAY
$1,470,000
JUN JUL
MEDIAN SALES PRICE
AUG
$643
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.470 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Beverly Hills DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$4,157,000
$2,997,500
$5,900,000
$6,150,000
47.9%
Average Price per Square Foot ...........................
$1,145
$1,156
$1,606
$1,238
8.1%
Properties Sold .......................................................
18
14
12
20
11.1%
Properties Pending Sale .......................................
12
14
10
17
41.7%
Properties For Sale ................................................
90
102
83
97
7.8%
Days on Market (Pending Sale) ...........................
26
121
81
56
115.4%
Month’s Supply of Inventory ................................
5
7.3
6.9
4.8
-3.0%
Percent Under Contract ........................................
13.3%
13.7%
12.0%
17.5%
31.4%
Average Median Price for Last 12 Months ........
$4,707,000
$5,216,667
$4,935,000
$4,464,000
-5.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$4.157
MAY
$6,150,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,238
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$6.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Beverly Hills- Post Office DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,740,000
$2,275,000
$2,950,000
$2,300,000
-16.1%
Average Price per Square Foot ...........................
$801
$811
$817
$775
-3.2%
Properties Sold .......................................................
16
17
5
12
-25.0%
Properties Pending Sale .......................................
11
14
13
14
27.3%
Properties For Sale ................................................
121
143
125
139
14.9%
Days on Market (Pending Sale) ...........................
62
81
89
70
12.9%
Month’s Supply of Inventory ................................
7.6
8.4
25
11.6
53.2%
Percent Under Contract ........................................
9.1%
9.8%
10.4%
10.1%
10.8%
Average Median Price for Last 12 Months ........
$2,218,000
$2,415,250
$1,900,000
$2,505,500
11.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.740
MAY
$2,300,000
JUN JUL
MEDIAN SALES PRICE
AUG
$775
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
11.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Beverlywood DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,107,500
$930,500
$977,000
$960,000
-13.3%
Average Price per Square Foot ...........................
$616
$584
$650
$626
1.6%
Properties Sold .......................................................
20
22
15
15
-25.0%
Properties Pending Sale .......................................
16
7
22
18
12.5%
Properties For Sale ................................................
55
46
46
52
-5.5%
Days on Market (Pending Sale) ...........................
52
50
47
32
-38.5%
Month’s Supply of Inventory ................................
2.8
2.1
3.1
3.5
26.1%
Percent Under Contract ........................................
29.1%
15.2%
47.8%
34.6%
19.0%
Average Median Price for Last 12 Months ........
$908,000
$872,271
$872,667
$947,010
4.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.107
MAY
$960,000
JUN JUL
MEDIAN SALES PRICE
AUG
$626
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$960 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Brentwood DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,575,000
$2,989,500
$2,600,500
$3,287,500
27.7%
Average Price per Square Foot ...........................
$986
$1,013
$1,045
$948
-3.9%
Properties Sold .......................................................
13
22
10
22
69.2%
Properties Pending Sale .......................................
17
29
11
24
41.2%
Properties For Sale ................................................
112
126
87
131
17.0%
Days on Market (Pending Sale) ...........................
63
44
41
59
-6.3%
Month’s Supply of Inventory ................................
8.6
5.7
8.7
6
-30.9%
Percent Under Contract ........................................
15.2%
23.0%
12.6%
18.3%
20.7%
Average Median Price for Last 12 Months ........
$2,455,000
$2,763,957
$3,219,464
$2,793,365
12.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.575
MAY
$3,287,500
JUN JUL
MEDIAN SALES PRICE
AUG
$948
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$3.287 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Cheviot Hills - Rancho Park DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,285,000
$1,820,000
$1,300,000
$1,487,500
15.8%
Average Price per Square Foot ...........................
$621
$728
$765
$721
16.1%
Properties Sold .......................................................
7
7
8
8
14.3%
Properties Pending Sale .......................................
7
5
2
7
0.0%
Properties For Sale ................................................
18
23
17
28
55.6%
Days on Market (Pending Sale) ...........................
22
15
80
40
81.8%
Month’s Supply of Inventory ................................
2.6
3.3
2.1
3.5
36.1%
Percent Under Contract ........................................
38.9%
21.7%
11.8%
25.0%
-35.7%
Average Median Price for Last 12 Months ........
$1,515,000
$1,489,250
$1,495,167
$1,543,346
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.285
MAY
$1,487,500
JUN JUL
MEDIAN SALES PRICE
AUG
$721
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.487 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Culver City DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$902,000
$808,000
$1,075,000
$976,000
8.2%
Average Price per Square Foot ...........................
$597
$592
$546
$669
12.1%
Properties Sold .......................................................
22
22
11
22
0.0%
Properties Pending Sale .......................................
12
17
21
16
33.3%
Properties For Sale ................................................
34
45
53
49
44.1%
Days on Market (Pending Sale) ...........................
14
43
41
31
121.4%
Month’s Supply of Inventory ................................
1.5
2
4.8
2.2
44.1%
Percent Under Contract ........................................
35.3%
37.8%
39.6%
32.7%
-7.5%
Average Median Price for Last 12 Months ........
$798,000
$920,500
$915,333
$881,292
9.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$902
MAY
$976,000
JUN JUL
MEDIAN SALES PRICE
AUG
$669
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$976 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Hancock Park - Wilshire DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,215,000
$1,335,000
$1,472,500
$1,335,000
9.9%
Average Price per Square Foot ...........................
$580
$611
$597
$606
4.5%
Properties Sold .......................................................
19
21
24
31
63.2%
Properties Pending Sale .......................................
26
25
25
32
23.1%
Properties For Sale ................................................
108
107
98
123
13.9%
Days on Market (Pending Sale) ...........................
43
52
40
36
-16.3%
Month’s Supply of Inventory ................................
5.7
5.1
4.1
4
-30.2%
Percent Under Contract ........................................
24.1%
23.4%
25.5%
26.0%
8.1%
Average Median Price for Last 12 Months ........
$1,237,000
$1,287,917
$1,227,500
$1,308,058
5.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.215
MAY
$1,335,000
JUN JUL
MEDIAN SALES PRICE
AUG
$606
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.335 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Hollywood DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$857,500
$917,000
$1,190,000
$825,000
-3.8%
Average Price per Square Foot ...........................
$545
$532
$568
$568
4.2%
Properties Sold .......................................................
4
12
6
5
25.0%
Properties Pending Sale .......................................
5
7
7
8
60.0%
Properties For Sale ................................................
29
28
39
44
51.7%
Days on Market (Pending Sale) ...........................
53
30
64
58
9.4%
Month’s Supply of Inventory ................................
7.2
2.3
6.5
8.8
21.4%
Percent Under Contract ........................................
17.2%
25.0%
17.9%
18.2%
5.5%
Average Median Price for Last 12 Months ........
$676,000
$834,583
$774,167
$857,355
21.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$857
MAY
$825,000
JUN JUL
MEDIAN SALES PRICE
AUG
$568
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
8.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Hollywood Hills East DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,143,500
$1,138,750
$1,125,548
$1,249,500
9.3%
Average Price per Square Foot ...........................
$527
$609
$483
$556
5.5%
Properties Sold .......................................................
8
12
8
16
100.0%
Properties Pending Sale .......................................
10
13
14
12
20.0%
Properties For Sale ................................................
61
60
55
65
6.6%
Days on Market (Pending Sale) ...........................
62
44
79
43
-30.6%
Month’s Supply of Inventory ................................
6.1
4.6
3.9
4.1
-33.4%
Percent Under Contract ........................................
16.4%
21.7%
25.5%
18.5%
12.6%
Average Median Price for Last 12 Months ........
$1,123,000
$1,167,785
$1,131,720
$1,142,735
1.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.143
MAY
$1,249,500
JUN JUL
MEDIAN SALES PRICE
AUG
$556
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.249 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Laurel Canyon DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,290,000
$1,465,000
$1,300,000
$1,407,000
9.1%
Average Price per Square Foot ...........................
$805
$794
$674
$761
-5.5%
Properties Sold .......................................................
20
27
29
28
40.0%
Properties Pending Sale .......................................
32
26
20
21
-34.4%
Properties For Sale ................................................
142
138
122
138
-2.8%
Days on Market (Pending Sale) ...........................
55
48
67
72
30.9%
Month’s Supply of Inventory ................................
4.4
5.3
6.1
4.9
11.1%
Percent Under Contract ........................................
22.5%
18.8%
16.4%
15.2%
-32.5%
Average Median Price for Last 12 Months ........
$1,268,000
$1,485,333
$1,617,333
$1,421,923
10.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.290
MAY
$1,407,000
JUN JUL
MEDIAN SALES PRICE
AUG
$761
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.407 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Los Feliz DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,592,500
$1,600,000
$1,617,500
$1,037,500
-34.9%
Average Price per Square Foot ...........................
$639
$615
$585
$604
-5.5%
Properties Sold .......................................................
16
11
16
22
37.5%
Properties Pending Sale .......................................
23
19
15
24
4.3%
Properties For Sale ................................................
91
68
64
87
-4.4%
Days on Market (Pending Sale) ...........................
28
60
57
40
42.9%
Month’s Supply of Inventory ................................
4
3.6
4.3
4
-0.0%
Percent Under Contract ........................................
25.3%
27.9%
23.4%
27.6%
9.1%
Average Median Price for Last 12 Months ........
$1,196,000
$1,270,783
$1,125,000
$1,312,631
8.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.592
APR MAY
$1,037,500
JUN JUL
MEDIAN SALES PRICE
AUG
$604
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.037 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Malibu DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,200,000
$2,852,500
$1,910,000
$2,246,184
2.1%
Average Price per Square Foot ...........................
$649
$836
$778
$655
0.9%
Properties Sold .......................................................
15
14
12
19
26.7%
Properties Pending Sale .......................................
12
16
15
17
41.7%
Properties For Sale ................................................
193
201
174
199
3.1%
Days on Market (Pending Sale) ...........................
104
142
159
126
21.2%
Month’s Supply of Inventory ................................
12.9
14.4
14.5
10.5
-18.6%
Percent Under Contract ........................................
6.2%
8.0%
8.6%
8.5%
37.4%
Average Median Price for Last 12 Months ........
$2,054,000
$2,113,583
$2,042,165
$2,346,077
12.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.200
MAY
$2,246,184
JUN JUL
MEDIAN SALES PRICE
AUG
$655
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
10.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.246 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Malibu Beach DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$3,595,125
$13,325,000
$4,725,000
$5,350,000
48.8%
Average Price per Square Foot ...........................
$1,193
$2,419
$1,716
$1,548
29.8%
Properties Sold .......................................................
2
2
2
3
50.0%
Properties Pending Sale .......................................
2
3
2
3
50.0%
Properties For Sale ................................................
78
73
66
78
0.0%
Days on Market (Pending Sale) ...........................
75
130
216
43
-42.7%
Month’s Supply of Inventory ................................
39
36.5
33
26
-33.3%
Percent Under Contract ........................................
2.6%
4.1%
3.0%
3.8%
50.0%
Average Median Price for Last 12 Months ........
$5,620,000
$5,267,083
$4,659,167
$6,366,163
11.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$3.595
MAY
$5,350,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,548
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
26 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$5.350 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Marina Del Rey DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,260,000
$780,000
$1,899,750
$1,980,000
57.1%
Average Price per Square Foot ...........................
$554
$547
$599
$695
25.5%
Properties Sold .......................................................
8
5
4
5
-37.5%
Properties Pending Sale .......................................
6
5
6
3
-50.0%
Properties For Sale ................................................
23
25
22
17
-26.1%
Days on Market (Pending Sale) ...........................
44
30
40
33
-25.0%
Month’s Supply of Inventory ................................
2.9
5
5.5
3.4
18.3%
Percent Under Contract ........................................
26.1%
20.0%
27.3%
17.6%
-32.4%
Average Median Price for Last 12 Months ........
$1,586,000
$1,775,138
$1,982,859
$1,721,194
7.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.260
MAY
$1,980,000
JUN JUL
MEDIAN SALES PRICE
AUG
$695
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.980 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Mid Los Angeles DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$526,000
$548,600
$492,500
$520,000
-1.1%
Average Price per Square Foot ...........................
$325
$371
$305
$332
2.2%
Properties Sold .......................................................
15
22
26
32
113.3%
Properties Pending Sale .......................................
25
16
37
42
68.0%
Properties For Sale ................................................
64
70
131
149
132.8%
Days on Market (Pending Sale) ...........................
49
52
42
34
-30.6%
Month’s Supply of Inventory ................................
4.3
3.2
5
4.7
9.1%
Percent Under Contract ........................................
39.1%
22.9%
28.2%
28.2%
-27.8%
Average Median Price for Last 12 Months ........
$466,000
$458,417
$464,333
$518,008
10.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$526
MAY
$520,000
JUN JUL
MEDIAN SALES PRICE
AUG
$332
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$520 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Mid Wilshire DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$747,000
$540,000
$592,500
$805,000
7.8%
Average Price per Square Foot ...........................
$349
$394
$357
$411
17.8%
Properties Sold .......................................................
3
3
6
5
66.7%
Properties Pending Sale .......................................
4
2
7
2
-50.0%
Properties For Sale ................................................
18
15
30
30
66.7%
Days on Market (Pending Sale) ...........................
56
15
50
54
-3.6%
Month’s Supply of Inventory ................................
6
5
5
6
0.0%
Percent Under Contract ........................................
22.2%
13.3%
23.3%
6.7%
-70.0%
Average Median Price for Last 12 Months ........
$565,000
$567,583
$590,167
$614,923
8.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$747
MAY
$805,000
JUN JUL
MEDIAN SALES PRICE
AUG
$411
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$805 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Pacific Palisades DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,472,500
$2,200,000
$2,135,000
$2,425,000
-1.9%
Average Price per Square Foot ...........................
$886
$733
$936
$1,058
19.4%
Properties Sold .......................................................
24
22
14
36
50.0%
Properties Pending Sale .......................................
33
24
20
37
12.1%
Properties For Sale ................................................
118
121
109
127
7.6%
Days on Market (Pending Sale) ...........................
68
42
78
43
-36.8%
Month’s Supply of Inventory ................................
4.9
5.5
7.8
3.5
-28.2%
Percent Under Contract ........................................
28.0%
19.8%
18.3%
29.1%
4.2%
Average Median Price for Last 12 Months ........
$2,379,000
$2,579,400
$2,937,333
$2,554,336
6.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.472
MAY
$2,425,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,058
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.425 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Palms - Mar Vista DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,125,000
$1,175,000
$941,000
$1,234,375
9.7%
Average Price per Square Foot ...........................
$653
$627
$654
$693
6.1%
Properties Sold .......................................................
25
31
19
33
32.0%
Properties Pending Sale .......................................
23
27
19
35
52.2%
Properties For Sale ................................................
62
80
66
88
41.9%
Days on Market (Pending Sale) ...........................
23
61
48
34
47.8%
Month’s Supply of Inventory ................................
2.5
2.6
3.5
2.7
7.5%
Percent Under Contract ........................................
37.1%
33.8%
28.8%
39.8%
7.2%
Average Median Price for Last 12 Months ........
$976,000
$1,127,087
$1,163,792
$1,078,194
9.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.125
MAY
$1,234,375
JUN JUL
MEDIAN SALES PRICE
AUG
$693
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.234 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Playa Del Rey DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,778,000
$1,252,000
$1,750,000
$3,650,000
105.3%
Average Price per Square Foot ...........................
$492
$572
$500
$598
21.5%
Properties Sold .......................................................
4
4
1
1
-75.0%
Properties Pending Sale .......................................
4
2
4
0
-100.0%
Properties For Sale ................................................
16
22
16
7
-56.2%
Days on Market (Pending Sale) ...........................
22
134
74
0
-100.0%
Month’s Supply of Inventory ................................
4
5.5
16
7
75.0%
Percent Under Contract ........................................
25.0%
9.1%
25.0%
0.0%
-100.0%
Average Median Price for Last 12 Months ........
$1,199,000
$1,886,333
$2,501,667
$1,568,038
23.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.778
MAY
$3,650,000
JUN JUL
MEDIAN SALES PRICE
AUG
$598
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$3.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Playa Vista DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,000,000
$1,220,750
$1,795,000
$2,075,000
107.5%
Average Price per Square Foot ...........................
$363
$485
$494
$468
28.9%
Properties Sold .......................................................
1
2
1
1
0.0%
Properties Pending Sale .......................................
1
1
1
0
-100.0%
Properties For Sale ................................................
6
6
7
6
0.0%
Days on Market (Pending Sale) ...........................
87
9
9
0
-100.0%
Month’s Supply of Inventory ................................
6
3
7
6
0.0%
Percent Under Contract ........................................
16.7%
16.7%
14.3%
0.0%
-100.0%
Average Median Price for Last 12 Months ........
$1,272,000
$1,783,000
$1,864,150
$1,477,688
13.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.000
MAY
$2,075,000
JUN JUL
MEDIAN SALES PRICE
AUG
$468
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.075 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Santa Monica DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,225,000
$2,225,000
$2,018,750
$2,410,000
8.3%
Average Price per Square Foot ...........................
$927
$932
$873
$1,081
16.6%
Properties Sold .......................................................
20
29
14
19
-5.0%
Properties Pending Sale .......................................
22
22
11
31
40.9%
Properties For Sale ................................................
82
83
59
99
20.7%
Days on Market (Pending Sale) ...........................
47
54
48
30
-36.2%
Month’s Supply of Inventory ................................
4.1
2.9
4.2
5.2
27.1%
Percent Under Contract ........................................
26.8%
26.5%
18.6%
31.3%
16.7%
Average Median Price for Last 12 Months ........
$2,028,000
$2,406,208
$2,574,799
$2,175,192
6.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.225
MAY
$2,410,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,081
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.410 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Sunset Strip - Hollywood Hills West DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,642,500
$2,050,525
$1,426,000
$1,573,750
-4.2%
Average Price per Square Foot ...........................
$893
$871
$1,003
$772
-13.5%
Properties Sold .......................................................
33
36
35
38
15.2%
Properties Pending Sale .......................................
41
40
35
31
-24.4%
Properties For Sale ................................................
245
279
244
302
23.3%
Days on Market (Pending Sale) ...........................
75
77
63
73
-2.7%
Month’s Supply of Inventory ................................
7.4
7.8
7
7.9
7.0%
Percent Under Contract ........................................
16.7%
14.3%
14.3%
10.3%
-38.7%
Average Median Price for Last 12 Months ........
$1,480,000
$1,666,408
$1,707,483
$1,761,480
16.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.642
MAY
$1,573,750
JUN JUL
MEDIAN SALES PRICE
AUG
$772
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.573 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Venice DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,722,000
$1,441,375
$1,270,000
$2,150,000
24.9%
Average Price per Square Foot ...........................
$727
$1,062
$1,014
$1,020
40.3%
Properties Sold .......................................................
8
18
11
20
150.0%
Properties Pending Sale .......................................
22
23
14
32
45.5%
Properties For Sale ................................................
55
68
69
85
54.5%
Days on Market (Pending Sale) ...........................
34
51
58
40
17.6%
Month’s Supply of Inventory ................................
6.9
3.8
6.3
4.2
-38.2%
Percent Under Contract ........................................
40.0%
33.8%
20.3%
37.6%
-5.9%
Average Median Price for Last 12 Months ........
$1,444,000
$1,711,417
$1,865,000
$1,656,490
14.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.722
MAY
$2,150,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,020
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
West Hollywood DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,376,130
$1,250,000
$2,150,000
$2,065,000
50.1%
Average Price per Square Foot ...........................
$921
$968
$723
$770
-16.4%
Properties Sold .......................................................
10
7
9
14
40.0%
Properties Pending Sale .......................................
11
12
7
9
-18.2%
Properties For Sale ................................................
43
52
49
45
4.7%
Days on Market (Pending Sale) ...........................
29
56
88
21
-27.6%
Month’s Supply of Inventory ................................
4.3
7.4
5.4
3.2
-25.2%
Percent Under Contract ........................................
25.6%
23.1%
14.3%
20.0%
-21.8%
Average Median Price for Last 12 Months ........
$1,104,000
$1,531,917
$1,672,500
$1,384,976
20.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.376
MAY
$2,065,000
JUN JUL
MEDIAN SALES PRICE
AUG
$770
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.065 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
West Los Angeles DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$891,000
$959,000
$895,000
$994,000
11.6%
Average Price per Square Foot ...........................
$602
$600
$606
$592
-1.7%
Properties Sold .......................................................
8
15
13
8
0.0%
Properties Pending Sale .......................................
11
12
1
19
72.7%
Properties For Sale ................................................
30
35
26
41
36.7%
Days on Market (Pending Sale) ...........................
47
51
119
28
-40.4%
Month’s Supply of Inventory ................................
3.8
2.3
2
5.1
36.7%
Percent Under Contract ........................................
36.7%
34.3%
3.8%
46.3%
26.4%
Average Median Price for Last 12 Months ........
$819,000
$912,400
$958,500
$898,146
9.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$891
MAY
$994,000
JUN JUL
MEDIAN SALES PRICE
AUG
$592
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$994 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Westchester DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$814,000
$894,000
$939,685
$952,500
17.0%
Average Price per Square Foot ...........................
$482
$564
$533
$552
14.5%
Properties Sold .......................................................
17
19
15
28
64.7%
Properties Pending Sale .......................................
16
21
23
31
93.8%
Properties For Sale ................................................
63
70
49
72
14.3%
Days on Market (Pending Sale) ...........................
28
28
56
17
-39.3%
Month’s Supply of Inventory ................................
3.7
3.7
3.3
2.6
-30.6%
Percent Under Contract ........................................
25.4%
30.0%
46.9%
43.1%
69.5%
Average Median Price for Last 12 Months ........
$789,000
$877,143
$883,467
$850,489
7.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$814
MAY
$952,500
JUN JUL
MEDIAN SALES PRICE
AUG
$552
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$952 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Westwood - Century City DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,615,000
$1,684,000
$1,863,250
$1,668,875
3.3%
Average Price per Square Foot ...........................
$701
$796
$918
$716
2.1%
Properties Sold .......................................................
14
12
4
14
0.0%
Properties Pending Sale .......................................
16
14
11
17
6.2%
Properties For Sale ................................................
62
60
46
58
-6.5%
Days on Market (Pending Sale) ...........................
38
37
32
21
-44.7%
Month’s Supply of Inventory ................................
4.4
5
11.5
4.1
-6.5%
Percent Under Contract ........................................
25.8%
23.3%
23.9%
29.3%
13.6%
Average Median Price for Last 12 Months ........
$1,575,000
$1,701,688
$1,764,625
$1,759,356
11.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.615
MAY
$1,668,875
JUN JUL
MEDIAN SALES PRICE
AUG
$716
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.668 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
South Bay Macro Market DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,121,867
$962,193
$1,179,283
$1,189,646
6.0%
Average Price per Square Foot ...........................
$535
$530
$586
$593
10.8%
Properties Sold .......................................................
225
258
137
265
17.8%
Properties Pending Sale .......................................
242
243
179
300
24.0%
Properties For Sale ................................................
783
883
656
810
3.4%
Days on Market (Pending Sale) ...........................
47
61
56
41
-13.6%
Month’s Supply of Inventory ................................
3.5
3.4
4.8
3.1
-12.2%
Percent Under Contract ........................................
30.9%
27.5%
27.3%
37.0%
19.8%
Average Median Price for Last 12 Months ........
$1,072,200
$1,192,524
$1,213,125
$1,177,380
9.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.121
MAY
$1,189,646
JUN JUL
MEDIAN SALES PRICE
AUG
$593
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.189 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
El Segundo DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$947,500
$1,280,000
$982,500
$960,250
1.3%
Average Price per Square Foot ...........................
$495
$436
$627
$642
29.7%
Properties Sold .......................................................
8
7
4
8
0.0%
Properties Pending Sale .......................................
6
7
5
8
33.3%
Properties For Sale ................................................
21
14
13
19
-9.5%
Days on Market (Pending Sale) ...........................
37
41
54
15
-59.5%
Month’s Supply of Inventory ................................
2.6
2
3.2
2.4
-9.5%
Percent Under Contract ........................................
28.6%
50.0%
38.5%
42.1%
47.4%
Average Median Price for Last 12 Months ........
$863,000
$989,333
$901,500
$966,846
12.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$947
MAY
$960,250
JUN JUL
MEDIAN SALES PRICE
AUG
$642
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$960 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Hermosa Beach DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,149,500
$1,060,950
$1,725,000
$2,077,500
-3.3%
Average Price per Square Foot ...........................
$981
$978
$768
$1,443
47.1%
Properties Sold .......................................................
10
6
9
16
60.0%
Properties Pending Sale .......................................
10
10
10
13
30.0%
Properties For Sale ................................................
43
38
22
42
-2.3%
Days on Market (Pending Sale) ...........................
58
58
40
32
-44.8%
Month’s Supply of Inventory ................................
4.3
6.3
2.4
2.6
-39.0%
Percent Under Contract ........................................
23.3%
26.3%
45.5%
31.0%
33.1%
Average Median Price for Last 12 Months ........
$1,296,000
$1,729,000
$1,833,333
$1,625,919
25.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.149
MAY
$2,077,500
JUN JUL
MEDIAN SALES PRICE
AUG
$1,443
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.077 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Manhattan Beach DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,837,500
$2,115,000
$1,700,000
$2,000,000
8.8%
Average Price per Square Foot ...........................
$843
$822
$782
$933
10.7%
Properties Sold .......................................................
42
35
11
23
-45.2%
Properties Pending Sale .......................................
32
35
17
30
-6.2%
Properties For Sale ................................................
100
86
46
85
-15.0%
Days on Market (Pending Sale) ...........................
45
49
38
30
-33.3%
Month’s Supply of Inventory ................................
2.4
2.5
4.2
3.7
55.2%
Percent Under Contract ........................................
32.0%
40.7%
37.0%
35.3%
10.3%
Average Median Price for Last 12 Months ........
$1,819,000
$1,987,917
$2,117,500
$1,964,635
8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.837
MAY
$2,000,000
JUN JUL
MEDIAN SALES PRICE
AUG
$933
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.000 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Palos Verdes Estates DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,530,000
$1,160,875
$1,480,000
$1,870,000
22.2%
Average Price per Square Foot ...........................
$600
$717
$1,143
$583
-2.8%
Properties Sold .......................................................
16
16
9
17
6.2%
Properties Pending Sale .......................................
12
16
16
18
50.0%
Properties For Sale ................................................
63
85
66
64
1.6%
Days on Market (Pending Sale) ...........................
70
116
92
50
-28.6%
Month’s Supply of Inventory ................................
3.9
5.3
7.3
3.8
-4.4%
Percent Under Contract ........................................
19.0%
18.8%
24.2%
28.1%
47.7%
Average Median Price for Last 12 Months ........
$1,585,000
$1,688,250
$1,813,333
$1,702,721
7.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.530
MAY
$1,870,000
JUN JUL
MEDIAN SALES PRICE
AUG
$583
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.870 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Rancho Palos Verdes DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,045,000
$1,120,000
$1,262,500
$1,142,500
9.3%
Average Price per Square Foot ...........................
$523
$495
$497
$595
13.8%
Properties Sold .......................................................
24
34
20
36
50.0%
Properties Pending Sale .......................................
30
31
21
40
33.3%
Properties For Sale ................................................
112
137
104
144
28.6%
Days on Market (Pending Sale) ...........................
44
58
75
75
70.5%
Month’s Supply of Inventory ................................
4.7
4
5.2
4
-14.3%
Percent Under Contract ........................................
26.8%
22.6%
20.2%
27.8%
3.7%
Average Median Price for Last 12 Months ........
$1,140,000
$1,152,083
$1,125,833
$1,157,954
1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.045
MAY
$1,142,500
JUN JUL
MEDIAN SALES PRICE
AUG
$595
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.142 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Redondo Beach- North DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$765,500
$765,000
$851,000
$920,000
20.2%
Average Price per Square Foot ...........................
$545
$513
$530
$509
-6.6%
Properties Sold .......................................................
12
19
12
17
41.7%
Properties Pending Sale .......................................
17
12
11
21
23.5%
Properties For Sale ................................................
39
39
29
48
23.1%
Days on Market (Pending Sale) ...........................
50
72
41
23
-54.0%
Month’s Supply of Inventory ................................
3.2
2.1
2.4
2.8
-13.1%
Percent Under Contract ........................................
43.6%
30.8%
37.9%
43.8%
0.4%
Average Median Price for Last 12 Months ........
$735,000
$856,750
$905,000
$836,262
13.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$765
MAY
$920,000
JUN JUL
MEDIAN SALES PRICE
AUG
$509
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$920 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Redondo Beach- South DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,030,000
$1,100,000
$1,150,000
$1,142,500
10.9%
Average Price per Square Foot ...........................
$566
$618
$692
$551
-2.7%
Properties Sold .......................................................
19
25
8
12
-36.8%
Properties Pending Sale .......................................
13
17
13
22
69.2%
Properties For Sale ................................................
45
62
38
46
2.2%
Days on Market (Pending Sale) ...........................
63
57
61
41
-34.9%
Month’s Supply of Inventory ................................
2.4
2.5
4.8
3.8
61.9%
Percent Under Contract ........................................
28.9%
27.4%
34.2%
47.8%
65.6%
Average Median Price for Last 12 Months ........
$974,000
$1,144,583
$1,143,167
$1,108,423
13.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.030
MAY
$1,142,500
JUN JUL
MEDIAN SALES PRICE
AUG
$551
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.142 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Rolling Hills DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,925,000
$0
$3,112,500
$2,600,000
-11.1%
Average Price per Square Foot ...........................
$683
$0
$815
$736
7.8%
Properties Sold .......................................................
3
0
2
3
0.0%
Properties Pending Sale .......................................
1
2
4
5
400.0%
Properties For Sale ................................................
21
23
18
20
-4.8%
Days on Market (Pending Sale) ...........................
32
74
120
60
87.5%
Month’s Supply of Inventory ................................
7
0
9
6.7
-4.8%
Percent Under Contract ........................................
4.8%
8.7%
22.2%
25.0%
425.0%
Average Median Price for Last 12 Months ........
$2,956,000
$3,127,096
$3,219,333
$3,218,081
8.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.925
MAY
$2,600,000
JUN JUL
MEDIAN SALES PRICE
AUG
$736
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Rolling Hills Estates DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,182,000
$1,302,500
$1,565,500
$1,335,000
12.9%
Average Price per Square Foot ...........................
$480
$521
$633
$572
19.2%
Properties Sold .......................................................
6
8
4
8
33.3%
Properties Pending Sale .......................................
11
8
6
11
0.0%
Properties For Sale ................................................
26
29
14
22
-15.4%
Days on Market (Pending Sale) ...........................
40
60
65
47
17.5%
Month’s Supply of Inventory ................................
4.3
3.6
3.5
2.8
-36.5%
Percent Under Contract ........................................
42.3%
27.6%
42.9%
50.0%
18.2%
Average Median Price for Last 12 Months ........
$1,281,000
$1,479,964
$1,386,667
$1,403,887
9.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.182
MAY
$1,335,000
JUN JUL
MEDIAN SALES PRICE
AUG
$572
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.335 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
San Pedro DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$490,000
$495,000
$554,500
$530,000
8.2%
Average Price per Square Foot ...........................
$331
$313
$408
$358
8.2%
Properties Sold .......................................................
23
28
16
34
47.8%
Properties Pending Sale .......................................
31
34
27
41
32.3%
Properties For Sale ................................................
113
137
125
123
8.8%
Days on Market (Pending Sale) ...........................
74
48
62
50
-32.4%
Month’s Supply of Inventory ................................
4.9
4.9
7.8
3.6
-26.4%
Percent Under Contract ........................................
27.4%
24.8%
21.6%
33.3%
21.5%
Average Median Price for Last 12 Months ........
$497,000
$530,708
$513,500
$534,673
7.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$490
MAY
$530,000
JUN JUL
MEDIAN SALES PRICE
AUG
$358
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$530 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Torrance- County Strip DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$401,000
$425,000
$473,750
$465,000
16.0%
Average Price per Square Foot ...........................
$330
$353
$299
$314
-4.8%
Properties Sold .......................................................
7
6
4
7
0.0%
Properties Pending Sale .......................................
11
3
4
8
-27.3%
Properties For Sale ................................................
27
27
21
23
-14.8%
Days on Market (Pending Sale) ...........................
41
80
43
48
17.1%
Month’s Supply of Inventory ................................
3.9
4.5
5.2
3.3
-14.8%
Percent Under Contract ........................................
40.7%
11.1%
19.0%
34.8%
-14.6%
Average Median Price for Last 12 Months ........
$400,000
$439,958
$461,833
$438,788
9.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$401
MAY
$465,000
JUN JUL
MEDIAN SALES PRICE
AUG
$314
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$465 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Torrance- North DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$546,500
$590,000
$581,500
$600,000
9.8%
Average Price per Square Foot ...........................
$387
$359
$390
$383
-1.0%
Properties Sold .......................................................
18
19
10
19
5.6%
Properties Pending Sale .......................................
18
18
15
21
16.7%
Properties For Sale ................................................
39
48
37
46
17.9%
Days on Market (Pending Sale) ...........................
37
51
39
24
-35.1%
Month’s Supply of Inventory ................................
2.2
2.5
3.7
2.4
11.7%
Percent Under Contract ........................................
46.2%
37.5%
40.5%
45.7%
-1.1%
Average Median Price for Last 12 Months ........
$530,000
$579,658
$587,983
$562,377
6.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$546
MAY
$600,000
JUN JUL
MEDIAN SALES PRICE
AUG
$383
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Torrance- South DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$773,500
$775,000
$795,000
$851,944
10.1%
Average Price per Square Foot ...........................
$430
$478
$435
$474
10.2%
Properties Sold .......................................................
15
21
17
18
20.0%
Properties Pending Sale .......................................
17
16
11
21
23.5%
Properties For Sale ................................................
44
54
36
49
11.4%
Days on Market (Pending Sale) ...........................
31
47
35
29
-6.5%
Month’s Supply of Inventory ................................
2.9
2.6
2.1
2.7
-7.2%
Percent Under Contract ........................................
38.6%
29.6%
30.6%
42.9%
10.9%
Average Median Price for Last 12 Months ........
$768,000
$816,407
$814,065
$803,534
4.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$773
MAY
$851,944
JUN JUL
MEDIAN SALES PRICE
AUG
$474
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$851 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Torrance- Southeast DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$497,500
$548,875
$675,000
$585,000
17.6%
Average Price per Square Foot ...........................
$360
$384
$338
$357
-0.8%
Properties Sold .......................................................
14
18
3
17
21.4%
Properties Pending Sale .......................................
17
20
10
18
5.9%
Properties For Sale ................................................
52
68
56
46
-11.5%
Days on Market (Pending Sale) ...........................
53
61
59
56
5.7%
Month’s Supply of Inventory ................................
3.7
3.8
18.7
2.7
-27.1%
Percent Under Contract ........................................
32.7%
29.4%
17.9%
39.1%
19.7%
Average Median Price for Last 12 Months ........
$531,000
$604,992
$605,000
$592,025
11.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$497
MAY
$585,000
JUN JUL
MEDIAN SALES PRICE
AUG
$357
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$585 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Torrance- West DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$707,500
$732,500
$780,500
$765,000
8.1%
Average Price per Square Foot ...........................
$472
$433
$431
$446
-5.5%
Properties Sold .......................................................
8
16
8
30
275.0%
Properties Pending Sale .......................................
16
14
9
23
43.8%
Properties For Sale ................................................
38
36
31
33
-13.2%
Days on Market (Pending Sale) ...........................
33
43
20
32
-3.0%
Month’s Supply of Inventory ................................
4.8
2.2
3.9
1.1
-76.8%
Percent Under Contract ........................................
42.1%
38.9%
29.0%
69.7%
65.5%
Average Median Price for Last 12 Months ........
$708,000
$761,167
$768,833
$744,577
5.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$707
MAY
$765,000
JUN JUL
MEDIAN SALES PRICE
AUG
$446
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$765 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
San Fernando Valley Macro Market DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$790,714
$747,357
$789,000
$831,571
5.2%
Average Price per Square Foot ...........................
$384
$393
$420
$412
7.2%
Properties Sold .......................................................
448
451
274
477
6.5%
Properties Pending Sale .......................................
490
526
398
597
21.8%
Properties For Sale ................................................
996
1,155
892
934
-6.2%
Days on Market (Pending Sale) ...........................
58
69
68
58
0.9%
Month’s Supply of Inventory ................................
2.2
2.6
3.3
2
-11.9%
Percent Under Contract ........................................
49.2%
45.5%
44.6%
63.9%
29.9%
Average Median Price for Last 12 Months ........
$716,088
$778,226
$787,286
$777,487
8.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$790
MAY
$831,571
JUN JUL
MEDIAN SALES PRICE
AUG
$412
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$831 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Burbank DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$610,000
$650,000
$650,000
$700,000
14.8%
Average Price per Square Foot ...........................
$373
$447
$438
$429
15.0%
Properties Sold .......................................................
52
40
29
57
9.6%
Properties Pending Sale .......................................
49
51
34
64
30.6%
Properties For Sale ................................................
62
89
83
84
35.5%
Days on Market (Pending Sale) ...........................
46
48
50
64
39.1%
Month’s Supply of Inventory ................................
1.2
2.2
2.9
1.5
23.6%
Percent Under Contract ........................................
79.0%
57.3%
41.0%
76.2%
-3.6%
Average Median Price for Last 12 Months ........
$613,000
$658,667
$669,000
$654,077
6.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$610
MAY
$700,000
JUN JUL
MEDIAN SALES PRICE
AUG
$429
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Encino DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$985,000
$1,024,000
$1,001,000
$1,143,000
16.0%
Average Price per Square Foot ...........................
$416
$466
$454
$440
5.8%
Properties Sold .......................................................
41
41
26
52
26.8%
Properties Pending Sale .......................................
51
56
40
59
15.7%
Properties For Sale ................................................
110
106
98
119
8.2%
Days on Market (Pending Sale) ...........................
44
57
66
51
15.9%
Month’s Supply of Inventory ................................
2.7
2.6
3.8
2.3
-14.7%
Percent Under Contract ........................................
46.4%
52.8%
40.8%
49.6%
6.9%
Average Median Price for Last 12 Months ........
$966,154
$1,073,667
$1,067,000
$1,060,077
9.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$985
MAY
$1,143,000
JUN JUL
MEDIAN SALES PRICE
AUG
$440
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.143 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Glendale DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$708,000
$725,000
$701,000
$805,000
13.7%
Average Price per Square Foot ...........................
$394
$414
$408
$414
5.1%
Properties Sold .......................................................
50
56
36
58
16.0%
Properties Pending Sale .......................................
58
73
48
65
12.1%
Properties For Sale ................................................
108
134
86
93
-13.9%
Days on Market (Pending Sale) ...........................
60
45
48
55
-8.3%
Month’s Supply of Inventory ................................
2.2
2.4
2.4
1.6
-25.8%
Percent Under Contract ........................................
53.7%
54.5%
55.8%
69.9%
30.1%
Average Median Price for Last 12 Months ........
$696,538
$754,667
$778,333
$747,538
7.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$708
MAY
$805,000
JUN JUL
MEDIAN SALES PRICE
AUG
$414
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$805 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
La Crescenta DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$749,000
$680,000
$650,000
$864,000
15.4%
Average Price per Square Foot ...........................
$399
$412
$412
$398
-0.3%
Properties Sold .......................................................
18
25
10
16
-11.1%
Properties Pending Sale .......................................
22
23
9
21
-4.5%
Properties For Sale ................................................
38
32
12
26
-31.6%
Days on Market (Pending Sale) ...........................
45
61
60
55
22.2%
Month’s Supply of Inventory ................................
2.1
1.3
1.2
1.6
-23.0%
Percent Under Contract ........................................
57.9%
71.9%
75.0%
80.8%
39.5%
Average Median Price for Last 12 Months ........
$668,769
$728,500
$753,333
$727,231
8.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$749
MAY
$864,000
JUN JUL
MEDIAN SALES PRICE
AUG
$398
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$864 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
North Hollywood DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$448,000
$450,000
$440,000
$455,000
1.6%
Average Price per Square Foot ...........................
$337
$316
$338
$332
-1.5%
Properties Sold .......................................................
42
27
33
39
-7.1%
Properties Pending Sale .......................................
49
45
41
68
38.8%
Properties For Sale ................................................
69
85
59
62
-10.1%
Days on Market (Pending Sale) ...........................
61
62
70
57
-6.6%
Month’s Supply of Inventory ................................
1.6
3.1
1.8
1.6
-3.2%
Percent Under Contract ........................................
71.0%
52.9%
69.5%
109.7%
54.4%
Average Median Price for Last 12 Months ........
$409,462
$448,500
$448,667
$448,154
9.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$448
MAY
$455,000
JUN JUL
MEDIAN SALES PRICE
AUG
$332
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$455 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Shadow Hills DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$813,000
$595,000
$0
$800,000
-1.6%
Average Price per Square Foot ...........................
$267
$293
$0
$304
13.9%
Properties Sold .......................................................
2
2
0
8
300.0%
Properties Pending Sale .......................................
2
3
0
5
150.0%
Properties For Sale ................................................
10
15
11
11
10.0%
Days on Market (Pending Sale) ...........................
51
165
0
70
37.3%
Month’s Supply of Inventory ................................
5
7.5
0
1.4
-72.5%
Percent Under Contract ........................................
20.0%
20.0%
0.0%
45.5%
127.3%
Average Median Price for Last 12 Months ........
$735,308
$870,400
$777,667
$775,667
5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$813
MAY
$800,000
JUN JUL
MEDIAN SALES PRICE
AUG
$304
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Sherman Oaks DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$938,000
$833,000
$927,000
$1,051,000
12.0%
Average Price per Square Foot ...........................
$449
$443
$440
$473
5.3%
Properties Sold .......................................................
59
62
34
60
1.7%
Properties Pending Sale .......................................
72
68
39
69
-4.2%
Properties For Sale ................................................
125
148
115
127
1.6%
Days on Market (Pending Sale) ...........................
57
49
64
51
-10.5%
Month’s Supply of Inventory ................................
2.1
2.4
3.4
2.1
-0.1%
Percent Under Contract ........................................
57.6%
45.9%
33.9%
54.3%
-5.7%
Average Median Price for Last 12 Months ........
$841,308
$931,167
$970,000
$919,615
9.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$938
MAY
$1,051,000
JUN JUL
MEDIAN SALES PRICE
AUG
$473
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.051 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Studio City DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,270,000
$1,160,000
$1,275,000
$1,183,000
-6.9%
Average Price per Square Foot ...........................
$527
$512
$532
$557
5.7%
Properties Sold .......................................................
24
39
12
36
50.0%
Properties Pending Sale .......................................
32
33
27
36
12.5%
Properties For Sale ................................................
91
74
57
68
-25.3%
Days on Market (Pending Sale) ...........................
60
84
65
49
-18.3%
Month’s Supply of Inventory ................................
3.8
1.9
4.8
1.9
-50.2%
Percent Under Contract ........................................
35.2%
44.6%
47.4%
52.9%
50.6%
Average Median Price for Last 12 Months ........
$1,050,154
$1,155,667
$1,187,000
$1,171,462
11.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.270
MAY
$1,183,000
JUN JUL
MEDIAN SALES PRICE
AUG
$557
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.183 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Sun Valley DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$379,000
$380,000
$425,000
$434,000
14.5%
Average Price per Square Foot ...........................
$285
$324
$322
$333
16.8%
Properties Sold .......................................................
19
19
15
22
15.8%
Properties Pending Sale .......................................
19
22
21
24
26.3%
Properties For Sale ................................................
34
44
44
28
-17.6%
Days on Market (Pending Sale) ...........................
74
57
70
74
0.0%
Month’s Supply of Inventory ................................
1.8
2.3
2.9
1.3
-28.9%
Percent Under Contract ........................................
55.9%
50.0%
47.7%
85.7%
53.4%
Average Median Price for Last 12 Months ........
$410,615
$422,667
$419,333
$403,769
-1.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$379
MAY
$434,000
JUN JUL
MEDIAN SALES PRICE
AUG
$333
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$434 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Sunland/Tujunga DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$467,000
$485,000
$515,000
$475,000
1.7%
Average Price per Square Foot ...........................
$308
$310
$335
$314
1.9%
Properties Sold .......................................................
32
39
19
29
-9.4%
Properties Pending Sale .......................................
37
46
29
39
5.4%
Properties For Sale ................................................
78
77
64
54
-30.8%
Days on Market (Pending Sale) ...........................
46
55
69
58
26.1%
Month’s Supply of Inventory ................................
2.4
2
3.4
1.9
-23.6%
Percent Under Contract ........................................
47.4%
59.7%
45.3%
72.2%
52.3%
Average Median Price for Last 12 Months ........
$414,923
$477,833
$463,333
$472,769
13.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$467
MAY
$475,000
JUN JUL
MEDIAN SALES PRICE
AUG
$314
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Tarzana DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,046,000
$890,000
$915,000
$1,053,000
0.7%
Average Price per Square Foot ...........................
$328
$361
$399
$387
18.0%
Properties Sold .......................................................
30
22
19
22
-26.7%
Properties Pending Sale .......................................
19
26
20
28
47.4%
Properties For Sale ................................................
75
103
70
73
-2.7%
Days on Market (Pending Sale) ...........................
77
73
75
67
-13.0%
Month’s Supply of Inventory ................................
2.5
4.7
3.7
3.3
32.7%
Percent Under Contract ........................................
25.3%
25.2%
28.6%
38.4%
51.4%
Average Median Price for Last 12 Months ........
$808,769
$890,000
$918,333
$900,615
11.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.046
MAY
$1,053,000
JUN JUL
MEDIAN SALES PRICE
AUG
$387
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.053 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Toluca Lake DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,272,000
$995,000
$1,275,000
$1,092,000
-14.2%
Average Price per Square Foot ...........................
$579
$457
$684
$528
-8.8%
Properties Sold .......................................................
8
7
3
7
-12.5%
Properties Pending Sale .......................................
3
9
6
10
233.3%
Properties For Sale ................................................
9
20
17
22
144.4%
Days on Market (Pending Sale) ...........................
69
85
113
54
-21.7%
Month’s Supply of Inventory ................................
1.1
2.9
5.7
3.1
179.4%
Percent Under Contract ........................................
33.3%
45.0%
35.3%
45.5%
36.4%
Average Median Price for Last 12 Months ........
$1,019,846
$1,009,333
$1,049,000
$1,119,385
9.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.272
MAY
$1,092,000
JUN JUL
MEDIAN SALES PRICE
AUG
$528
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.092 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Valley Village DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$675,000
$935,000
$778,000
$865,000
28.1%
Average Price per Square Foot ...........................
$400
$424
$406
$505
26.2%
Properties Sold .......................................................
10
10
10
15
50.0%
Properties Pending Sale .......................................
10
18
16
17
70.0%
Properties For Sale ................................................
27
28
10
17
-37.0%
Days on Market (Pending Sale) ...........................
57
70
39
45
-21.1%
Month’s Supply of Inventory ................................
2.7
2.8
1
1.1
-58.0%
Percent Under Contract ........................................
37.0%
64.3%
160.0%
100.0%
170.0%
Average Median Price for Last 12 Months ........
$734,077
$779,833
$818,667
$784,692
6.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$675
MAY
$865,000
JUN JUL
MEDIAN SALES PRICE
AUG
$505
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$865 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Woodland Hills DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$710,000
$661,000
$705,000
$722,000
1.7%
Average Price per Square Foot ...........................
$312
$325
$290
$347
11.2%
Properties Sold .......................................................
61
62
28
56
-8.2%
Properties Pending Sale .......................................
67
53
68
92
37.3%
Properties For Sale ................................................
160
200
166
150
-6.2%
Days on Market (Pending Sale) ...........................
63
49
95
67
6.3%
Month’s Supply of Inventory ................................
2.6
3.2
5.9
2.7
2.1%
Percent Under Contract ........................................
41.9%
26.5%
41.0%
61.3%
46.5%
Average Median Price for Last 12 Months ........
$656,308
$707,833
$702,333
$699,769
6.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$710
MAY
$722,000
JUN JUL
MEDIAN SALES PRICE
AUG
$347
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$722 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
San Gabriel Valley Macro Market DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$946,818
$980,000
$954,091
$1,068,909
12.9%
Average Price per Square Foot ...........................
$487
$508
$500
$518
6.4%
Properties Sold .......................................................
287
298
203
297
3.5%
Properties Pending Sale .......................................
293
303
224
351
19.8%
Properties For Sale ................................................
585
750
599
725
23.9%
Days on Market (Pending Sale) ...........................
39
50
67
54
38.5%
Month’s Supply of Inventory ................................
2
2.5
3
2.4
19.8%
Percent Under Contract ........................................
50.1%
40.4%
37.4%
48.4%
-3.3%
Average Median Price for Last 12 Months ........
$894,399
$1,012,697
$1,025,697
$982,846
9.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$946
MAY
$1,068,909
JUN JUL
MEDIAN SALES PRICE
AUG
$518
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.068 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Altadena DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$550,000
$670,000
$615,000
$605,000
10.0%
Average Price per Square Foot ...........................
$380
$443
$400
$411
8.2%
Properties Sold .......................................................
33
39
35
42
27.3%
Properties Pending Sale .......................................
37
39
26
45
21.6%
Properties For Sale ................................................
42
85
45
55
31.0%
Days on Market (Pending Sale) ...........................
48
51
59
52
8.3%
Month’s Supply of Inventory ................................
1.3
2.2
1.3
1.3
2.9%
Percent Under Contract ........................................
88.1%
45.9%
57.8%
81.8%
-7.1%
Average Median Price for Last 12 Months ........
$575,923
$620,833
$640,667
$618,077
7.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$550
MAY
$605,000
JUN JUL
MEDIAN SALES PRICE
AUG
$411
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$605 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Arcadia DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,484,000
$1,470,000
$1,330,000
$1,199,000
-19.2%
Average Price per Square Foot ...........................
$546
$601
$561
$580
6.2%
Properties Sold .......................................................
36
48
31
43
19.4%
Properties Pending Sale .......................................
33
42
34
45
36.4%
Properties For Sale ................................................
105
182
169
211
101.0%
Days on Market (Pending Sale) ...........................
41
56
64
73
78.0%
Month’s Supply of Inventory ................................
2.9
3.8
5.5
4.9
68.2%
Percent Under Contract ........................................
31.4%
23.1%
20.1%
21.3%
-32.1%
Average Median Price for Last 12 Months ........
$1,350,769
$1,322,000
$1,264,000
$1,339,769
-0.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.484
APR MAY
$1,199,000
JUN JUL
MEDIAN SALES PRICE
AUG
$580
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.199 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Duarte DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$374,000
$479,000
$440,000
$450,000
20.3%
Average Price per Square Foot ...........................
$301
$333
$356
$320
6.3%
Properties Sold .......................................................
14
12
9
7
-50.0%
Properties Pending Sale .......................................
19
13
17
20
5.3%
Properties For Sale ................................................
19
32
23
21
10.5%
Days on Market (Pending Sale) ...........................
39
46
73
67
71.8%
Month’s Supply of Inventory ................................
1.4
2.7
2.6
3
121.1%
Percent Under Contract ........................................
100.0%
40.6%
73.9%
95.2%
-4.8%
Average Median Price for Last 12 Months ........
$392,923
$451,833
$459,333
$438,077
11.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$374
MAY
$450,000
JUN JUL
MEDIAN SALES PRICE
AUG
$320
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Eagle Rock DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$690,000
$620,000
$605,000
$740,000
7.2%
Average Price per Square Foot ...........................
$427
$445
$457
$490
14.8%
Properties Sold .......................................................
19
29
5
15
-21.1%
Properties Pending Sale .......................................
17
22
8
12
-29.4%
Properties For Sale ................................................
25
24
25
24
-4.0%
Days on Market (Pending Sale) ...........................
54
36
74
41
-24.1%
Month’s Supply of Inventory ................................
1.3
0.8
5
1.6
21.6%
Percent Under Contract ........................................
68.0%
91.7%
32.0%
50.0%
-26.5%
Average Median Price for Last 12 Months ........
$579,231
$703,500
$703,667
$689,000
19.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$690
MAY
$740,000
JUN JUL
MEDIAN SALES PRICE
AUG
$490
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$740 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
La Canada Flintridge DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,240,000
$1,694,000
$1,490,000
$1,769,000
42.7%
Average Price per Square Foot ...........................
$541
$591
$555
$663
22.6%
Properties Sold .......................................................
23
18
9
24
4.3%
Properties Pending Sale .......................................
27
25
13
32
18.5%
Properties For Sale ................................................
46
39
32
63
37.0%
Days on Market (Pending Sale) ...........................
40
78
100
31
-22.5%
Month’s Supply of Inventory ................................
2
2.2
3.6
2.6
31.2%
Percent Under Contract ........................................
58.7%
64.1%
40.6%
50.8%
-13.5%
Average Median Price for Last 12 Months ........
$1,294,692
$1,588,000
$1,774,667
$1,459,692
12.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.240
MAY
$1,769,000
JUN JUL
MEDIAN SALES PRICE
AUG
$663
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.769 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Monrovia DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$595,000
$578,000
$534,000
$645,000
8.4%
Average Price per Square Foot ...........................
$373
$396
$391
$386
3.5%
Properties Sold .......................................................
29
28
22
22
-24.1%
Properties Pending Sale .......................................
30
20
18
29
-3.3%
Properties For Sale ................................................
61
64
52
59
-3.3%
Days on Market (Pending Sale) ...........................
33
56
66
47
42.4%
Month’s Supply of Inventory ................................
2.1
2.3
2.4
2.7
27.5%
Percent Under Contract ........................................
49.2%
31.2%
34.6%
49.2%
-0.1%
Average Median Price for Last 12 Months ........
$535,077
$581,833
$584,333
$600,308
12.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$595
MAY
$645,000
JUN JUL
MEDIAN SALES PRICE
AUG
$386
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$645 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Pasadena DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$778,000
$740,000
$700,000
$800,000
2.8%
Average Price per Square Foot ...........................
$489
$474
$497
$505
3.3%
Properties Sold .......................................................
78
61
58
96
23.1%
Properties Pending Sale .......................................
79
83
66
104
31.6%
Properties For Sale ................................................
179
202
157
160
-10.6%
Days on Market (Pending Sale) ...........................
33
44
69
49
48.5%
Month’s Supply of Inventory ................................
2.3
3.3
2.7
1.7
-27.4%
Percent Under Contract ........................................
44.1%
41.1%
42.0%
65.0%
47.3%
Average Median Price for Last 12 Months ........
$695,462
$752,833
$775,667
$764,846
10.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$778
MAY
$800,000
JUN JUL
MEDIAN SALES PRICE
AUG
$505
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
San Gabriel DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$613,000
$697,000
$828,000
$718,000
17.1%
Average Price per Square Foot ...........................
$431
$422
$420
$430
-0.2%
Properties Sold .......................................................
20
24
13
20
0.0%
Properties Pending Sale .......................................
11
29
17
27
145.5%
Properties For Sale ................................................
56
57
47
55
-1.8%
Days on Market (Pending Sale) ...........................
35
61
66
44
25.7%
Month’s Supply of Inventory ................................
2.8
2.4
3.6
2.8
-1.8%
Percent Under Contract ........................................
19.6%
50.9%
36.2%
49.1%
149.9%
Average Median Price for Last 12 Months ........
$622,000
$702,000
$671,333
$695,769
11.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$613
MAY
$718,000
JUN JUL
MEDIAN SALES PRICE
AUG
$430
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$718 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
San Marino DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,118,000
$1,894,000
$1,875,000
$2,550,000
20.4%
Average Price per Square Foot ...........................
$858
$833
$856
$890
3.7%
Properties Sold .......................................................
13
10
4
8
-38.5%
Properties Pending Sale .......................................
15
10
10
12
-20.0%
Properties For Sale ................................................
11
21
21
34
209.1%
Days on Market (Pending Sale) ...........................
19
38
26
41
115.8%
Month’s Supply of Inventory ................................
0.8
2.1
5.2
4.2
402.3%
Percent Under Contract ........................................
136.4%
47.6%
47.6%
35.3%
-74.1%
Average Median Price for Last 12 Months ........
$1,983,000
$2,302,500
$2,385,000
$2,194,000
10.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.118
MAY
$2,550,000
JUN JUL
MEDIAN SALES PRICE
AUG
$890
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.550 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Sierra Madre DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$802,000
$906,000
$938,000
$1,013,000
26.3%
Average Price per Square Foot ...........................
$422
$464
$482
$461
9.2%
Properties Sold .......................................................
6
11
13
10
66.7%
Properties Pending Sale .......................................
14
11
7
13
-7.1%
Properties For Sale ................................................
23
23
17
27
17.4%
Days on Market (Pending Sale) ...........................
37
35
44
92
148.6%
Month’s Supply of Inventory ................................
3.8
2.1
1.3
2.7
-29.6%
Percent Under Contract ........................................
60.9%
47.8%
41.2%
48.1%
-20.9%
Average Median Price for Last 12 Months ........
$857,923
$939,000
$974,333
$885,538
3.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$802
MAY
$1,013,000
JUN JUL
MEDIAN SALES PRICE
AUG
$461
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.013 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
South Pasadena DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,171,000
$1,032,000
$1,140,000
$1,269,000
8.4%
Average Price per Square Foot ...........................
$586
$585
$520
$561
-4.3%
Properties Sold .......................................................
16
18
4
10
-37.5%
Properties Pending Sale .......................................
11
9
8
12
9.1%
Properties For Sale ................................................
18
21
11
16
-11.1%
Days on Market (Pending Sale) ...........................
47
51
97
53
12.8%
Month’s Supply of Inventory ................................
1.1
1.2
2.8
1.6
42.2%
Percent Under Contract ........................................
61.1%
42.9%
72.7%
75.0%
22.7%
Average Median Price for Last 12 Months ........
$962,692
$1,175,333
$1,049,667
$1,126,231
17.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.171
MAY
$1,269,000
JUN JUL
MEDIAN SALES PRICE
AUG
$561
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.269 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Orange County
Orange County Macro
Ladera Ranch
San Juan Capistrano
Aliso Viejo
Laguna Beach
Shady Canyon
Balboa Peninsula
Laguna Hills
Turtle Ridge
Corona del Mar - Spyglass
Laguna Niguel
Turtle Rock
Coto de Caza
Laguna Woods
West Bay - Santa Ana Heights
Crystal Cove
Lower Newport Bay - Balboa Island
West Newport - Lido
Dana Point
Mission Viejo
Westminster
East Bluff - Harbor View
Newport Beach
East Costa Mesa
Newport Coast
Fountain Valley
Newport Heights
Huntington Beach
Rancho Santa Margarita
Irvine
San Clemente
Micro Market Report : April 2015
telesproperties.com
County: ORANGE Area: 948 SQ MILES Founded: 1889
Micro Market Report : April 2015
telesproperties.com
Orange County DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$675,000
$680,000
$650,000
$695,000
3.0%
Average Price per Square Foot ...........................
$413
$404
$400
$409
-1.0%
Properties Sold .......................................................
1573
1485
994
1875
19.2%
Properties Pending Sale .......................................
1714
1564
1426
1970
14.9%
Properties For Sale ................................................
6,863
7,292
5,684
6,709
-2.2%
Days on Market (Pending Sale) ...........................
63
64
67
50
-20.6%
Month’s Supply of Inventory ................................
4.4
4.9
5.7
3.6
-18.0%
Percent Under Contract ........................................
25.0%
21.4%
25.1%
29.4%
17.6%
Average Median Price for Last 12 Months ........
$647,000
$671,699
$678,000
$675,472
4.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$675
MAY
$695,000
JUN JUL
MEDIAN SALES PRICE
AUG
$409
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$695 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Aliso Viejo DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$713,500
$725,000
$655,000
$765,000
7.2%
Average Price per Square Foot ...........................
$359
$362
$351
$352
-1.9%
Properties Sold .......................................................
24
21
9
21
-12.5%
Properties Pending Sale .......................................
24
19
20
27
12.5%
Properties For Sale ................................................
80
76
54
71
-11.2%
Days on Market (Pending Sale) ...........................
53
44
93
40
-24.5%
Month’s Supply of Inventory ................................
3.3
3.6
6
3.4
1.4%
Percent Under Contract ........................................
30.0%
25.0%
37.0%
38.0%
26.8%
Average Median Price for Last 12 Months ........
$693,000
$708,833
$731,667
$721,692
4.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$713
MAY
$765,000
JUN JUL
MEDIAN SALES PRICE
AUG
$352
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$765 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Balboa Peninsula DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$3,400,000
$5,875,000
$1,910,000
$1,829,000
-46.2%
Average Price per Square Foot ...........................
$1,187
$1,497
$1,184
$862
-27.4%
Properties Sold .......................................................
5
4
4
3
-40.0%
Properties Pending Sale .......................................
7
9
5
7
0.0%
Properties For Sale ................................................
41
41
30
41
0.0%
Days on Market (Pending Sale) ...........................
68
112
183
58
-14.7%
Month’s Supply of Inventory ................................
8.2
10.2
7.5
13.7
66.7%
Percent Under Contract ........................................
17.1%
22.0%
16.7%
17.1%
0.0%
Average Median Price for Last 12 Months ........
$2,746,000
$2,528,167
$2,991,333
$2,879,731
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $3.400
APR MAY
$1,829,000
JUN JUL
MEDIAN SALES PRICE
AUG
$862
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
13.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.829 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Corona del Mar - Spyglass DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,907,500
$1,827,500
$2,012,500
$2,500,000
-14.0%
Average Price per Square Foot ...........................
$1,066
$786
$941
$1,025
-3.8%
Properties Sold .......................................................
12
8
6
7
-41.7%
Properties Pending Sale .......................................
13
10
5
15
15.4%
Properties For Sale ................................................
62
82
66
95
53.2%
Days on Market (Pending Sale) ...........................
76
53
92
84
10.5%
Month’s Supply of Inventory ................................
5.2
10.2
11
13.6
162.7%
Percent Under Contract ........................................
21.0%
12.2%
7.6%
15.8%
-24.7%
Average Median Price for Last 12 Months ........
$2,525,000
$2,234,466
$2,178,098
$2,162,946
-14.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.907
MAY
$2,500,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,025
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
13.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Coto de Caza DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,274,500
$1,022,500
$1,461,000
$1,000,050
-21.5%
Average Price per Square Foot ...........................
$313
$325
$373
$331
5.8%
Properties Sold .......................................................
18
30
15
33
83.3%
Properties Pending Sale .......................................
28
14
18
24
-14.3%
Properties For Sale ................................................
128
132
100
124
-3.1%
Days on Market (Pending Sale) ...........................
99
94
90
46
-53.5%
Month’s Supply of Inventory ................................
7.1
4.4
6.7
3.8
-47.2%
Percent Under Contract ........................................
21.9%
10.6%
18.0%
19.4%
-11.5%
Average Median Price for Last 12 Months ........
$1,094,000
$1,247,508
$1,084,683
$1,189,927
8.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.274
MAY
$1,000,050
JUN JUL
MEDIAN SALES PRICE
AUG
$331
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.000 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Crystal Cove DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$4,400,000
$5,999,500
$0
$11,617,444
164.0%
Average Price per Square Foot ...........................
$1,207
$1,049
$0
$1,341
11.1%
Properties Sold .......................................................
3
2
0
2
-33.3%
Properties Pending Sale .......................................
2
4
1
4
100.0%
Properties For Sale ................................................
22
23
17
25
13.6%
Days on Market (Pending Sale) ...........................
138
45
50
57
-58.7%
Month’s Supply of Inventory ................................
7.3
11.5
0
12.5
70.5%
Percent Under Contract ........................................
9.1%
17.4%
5.9%
16.0%
76.0%
Average Median Price for Last 12 Months ........
$4,555,000
$6,249,361
$7,773,722
$5,724,631
25.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$4.400
MAY
$11,617,444
JUN JUL
MEDIAN SALES PRICE
AUG
$1,341
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
12.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$11.617 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Dana Point DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$980,000
$948,750
$1,083,000
$1,029,500
5.1%
Average Price per Square Foot ...........................
$527
$572
$558
$592
12.3%
Properties Sold .......................................................
31
34
12
34
9.7%
Properties Pending Sale .......................................
27
23
26
41
51.9%
Properties For Sale ................................................
184
172
153
186
1.1%
Days on Market (Pending Sale) ...........................
63
66
61
90
42.9%
Month’s Supply of Inventory ................................
5.9
5.1
12.8
5.5
-7.8%
Percent Under Contract ........................................
14.7%
13.4%
17.0%
22.0%
50.2%
Average Median Price for Last 12 Months ........
$915,000
$1,042,398
$1,093,817
$962,022
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$980
MAY
$1,029,500
JUN JUL
MEDIAN SALES PRICE
AUG
$592
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.029 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
East Bluff - Harbor View DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,652,000
$2,030,000
$1,814,000
$1,870,938
13.3%
Average Price per Square Foot ...........................
$693
$654
$725
$699
0.9%
Properties Sold .......................................................
18
15
13
26
44.4%
Properties Pending Sale .......................................
16
19
18
21
31.2%
Properties For Sale ................................................
99
108
88
102
3.0%
Days on Market (Pending Sale) ...........................
35
83
59
75
114.3%
Month’s Supply of Inventory ................................
5.5
7.2
6.8
3.9
-28.7%
Percent Under Contract ........................................
16.2%
17.6%
20.5%
20.6%
27.4%
Average Median Price for Last 12 Months ........
$1,721,000
$1,722,073
$1,720,313
$1,728,457
0.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.652
MAY
$1,870,938
JUN JUL
MEDIAN SALES PRICE
AUG
$699
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.870 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
East Costa Mesa DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$809,500
$850,000
$1,055,000
$1,032,500
27.5%
Average Price per Square Foot ...........................
$488
$484
$517
$518
6.1%
Properties Sold .......................................................
22
14
7
24
9.1%
Properties Pending Sale .......................................
22
23
24
23
4.5%
Properties For Sale ................................................
67
77
53
58
-13.4%
Days on Market (Pending Sale) ...........................
58
77
63
50
-13.8%
Month’s Supply of Inventory ................................
3
5.5
7.6
2.4
-20.6%
Percent Under Contract ........................................
32.8%
29.9%
45.3%
39.7%
20.8%
Average Median Price for Last 12 Months ........
$856,000
$970,913
$976,827
$917,706
7.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$809
MAY
$1,032,500
JUN JUL
MEDIAN SALES PRICE
AUG
$518
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.032 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Fountain Valley DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$685,100
$698,500
$667,500
$752,000
9.8%
Average Price per Square Foot ...........................
$325
$325
$346
$341
4.9%
Properties Sold .......................................................
21
32
16
29
38.1%
Properties Pending Sale .......................................
26
21
20
20
-23.1%
Properties For Sale ................................................
69
58
52
70
1.4%
Days on Market (Pending Sale) ...........................
30
45
35
30
0.0%
Month’s Supply of Inventory ................................
3.3
1.8
3.2
2.4
-26.5%
Percent Under Contract ........................................
37.7%
36.2%
38.5%
28.6%
-24.2%
Average Median Price for Last 12 Months ........
$653,000
$690,333
$704,833
$686,269
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$685
MAY
$752,000
JUN JUL
MEDIAN SALES PRICE
AUG
$341
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$752 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Huntington Beach DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$740,350
$790,000
$755,000
$746,500
0.8%
Average Price per Square Foot ...........................
$412
$437
$413
$455
10.4%
Properties Sold .......................................................
122
94
64
112
-8.2%
Properties Pending Sale .......................................
124
95
90
135
8.9%
Properties For Sale ................................................
417
382
293
394
-5.5%
Days on Market (Pending Sale) ...........................
47
57
65
47
0.0%
Month’s Supply of Inventory ................................
3.4
4.1
4.6
3.5
2.9%
Percent Under Contract ........................................
29.7%
24.9%
30.7%
34.3%
15.2%
Average Median Price for Last 12 Months ........
$720,000
$768,583
$777,333
$756,488
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$740
MAY
$746,500
JUN JUL
MEDIAN SALES PRICE
AUG
$455
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$746 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Irvine DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$900,000
$915,673
$935,694
$983,500
9.3%
Average Price per Square Foot ...........................
$463
$470
$442
$460
-0.6%
Properties Sold .......................................................
91
94
64
113
24.2%
Properties Pending Sale .......................................
99
96
81
97
-2.0%
Properties For Sale ................................................
386
413
284
394
2.1%
Days on Market (Pending Sale) ...........................
46
80
78
49
6.5%
Month’s Supply of Inventory ................................
4.2
4.4
4.4
3.5
-17.8%
Percent Under Contract ........................................
25.6%
23.2%
28.5%
24.6%
-4.0%
Average Median Price for Last 12 Months ........
$895,000
$939,024
$939,483
$924,124
3.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$900
MAY
$983,500
JUN JUL
MEDIAN SALES PRICE
AUG
$460
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$983 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Ladera Ranch DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$721,000
$850,000
$810,000
$917,000
27.2%
Average Price per Square Foot ...........................
$316
$314
$331
$337
6.6%
Properties Sold .......................................................
20
19
13
29
45.0%
Properties Pending Sale .......................................
34
17
28
25
-26.5%
Properties For Sale ................................................
142
127
105
135
-4.9%
Days on Market (Pending Sale) ...........................
53
92
65
56
5.7%
Month’s Supply of Inventory ................................
7.1
6.7
8.1
4.7
-34.4%
Percent Under Contract ........................................
23.9%
13.4%
26.7%
18.5%
-22.7%
Average Median Price for Last 12 Months ........
$840,000
$820,275
$884,000
$845,532
0.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$721
MAY
$917,000
JUN JUL
MEDIAN SALES PRICE
AUG
$337
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$917 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Laguna Beach DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,792,000
$1,820,000
$1,862,000
$1,608,750
-10.2%
Average Price per Square Foot ...........................
$1,146
$1,187
$1,062
$977
-14.7%
Properties Sold .......................................................
42
33
21
35
-16.7%
Properties Pending Sale .......................................
38
31
23
36
-5.3%
Properties For Sale ................................................
257
261
200
254
-1.2%
Days on Market (Pending Sale) ...........................
124
84
77
84
-32.3%
Month’s Supply of Inventory ................................
6.1
7.9
9.5
7.3
18.6%
Percent Under Contract ........................................
14.8%
11.9%
11.5%
14.2%
-4.1%
Average Median Price for Last 12 Months ........
$1,790,000
$1,774,292
$1,769,583
$1,864,827
4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.792
MAY
$1,608,750
JUN JUL
MEDIAN SALES PRICE
AUG
$977
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.608 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Laguna Niguel DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$756,500
$788,500
$783,500
$840,000
11.0%
Average Price per Square Foot ...........................
$386
$396
$380
$405
4.9%
Properties Sold .......................................................
56
48
46
73
30.4%
Properties Pending Sale .......................................
66
54
49
77
16.7%
Properties For Sale ................................................
290
316
234
287
-1.0%
Days on Market (Pending Sale) ...........................
60
84
87
64
6.7%
Month’s Supply of Inventory ................................
5.2
6.6
5.1
3.9
-24.1%
Percent Under Contract ........................................
22.8%
17.1%
20.9%
26.8%
17.9%
Average Median Price for Last 12 Months ........
$785,000
$822,667
$830,000
$813,188
3.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$756
MAY
$840,000
JUN JUL
MEDIAN SALES PRICE
AUG
$405
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$840 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Laguna Hills DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$629,900
$630,000
$725,000
$825,000
31.0%
Average Price per Square Foot ...........................
$330
$345
$311
$397
20.3%
Properties Sold .......................................................
19
17
17
21
10.5%
Properties Pending Sale .......................................
24
21
21
19
-20.8%
Properties For Sale ................................................
109
103
64
98
-10.1%
Days on Market (Pending Sale) ...........................
28
62
74
46
64.3%
Month’s Supply of Inventory ................................
5.7
6.1
3.8
4.7
-18.7%
Percent Under Contract ........................................
22.0%
20.4%
32.8%
19.4%
-11.9%
Average Median Price for Last 12 Months ........
$707,000
$751,625
$738,000
$746,704
5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$629
MAY
$825,000
JUN JUL
MEDIAN SALES PRICE
AUG
$397
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Laguna Woods DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$0
$0
$0
$0
0%
Average Price per Square Foot ...........................
$0
$0
$0
$0
0%
Properties Sold .......................................................
0
0
0
0
0%
Properties Pending Sale .......................................
0
0
0
0
0%
Properties For Sale ................................................
0
0
0
0
0%
Days on Market (Pending Sale) ...........................
0
0
0
0
0%
Month’s Supply of Inventory ................................
0
0
0
0
0%
Percent Under Contract ........................................
0%
0%
0%
0%
0%
Average Median Price for Last 12 Months ........
$633,000
$0
$0
$0
0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR MAY
No sales
JUN JUL
MEDIAN SALES PRICE
AUG
No sales
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
No sales MONTH’S SUPPLY OF INVENTORY
FEB MAR APR M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Lower Newport Bay - Balboa Island DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$3,600,000
$4,650,000
$4,850,000
$2,900,000
-19.4%
Average Price per Square Foot ...........................
$1,045
$1,352
$1,077
$1,123
7.5%
Properties Sold .......................................................
3
4
1
5
66.7%
Properties Pending Sale .......................................
8
3
5
9
12.5%
Properties For Sale ................................................
50
37
30
37
-26.0%
Days on Market (Pending Sale) ...........................
8
171
141
75
837.5%
Month’s Supply of Inventory ................................
16.7
9.2
30
7.4
-55.6%
Percent Under Contract ........................................
16.0%
8.1%
16.7%
24.3%
52.0%
Average Median Price for Last 12 Months ........
$2,840,000
$2,855,231
$2,747,962
$3,106,460
9.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$3.600
MAY
$2,900,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,123
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Mission Viejo DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$655,000
$649,900
$642,000
$630,000
-3.8%
Average Price per Square Foot ...........................
$333
$321
$320
$334
0.3%
Properties Sold .......................................................
75
59
51
107
42.7%
Properties Pending Sale .......................................
90
73
61
125
38.9%
Properties For Sale ................................................
281
325
220
303
7.8%
Days on Market (Pending Sale) ...........................
44
61
64
44
0.0%
Month’s Supply of Inventory ................................
3.7
5.5
4.3
2.8
-24.4%
Percent Under Contract ........................................
32.0%
22.5%
27.7%
41.3%
28.8%
Average Median Price for Last 12 Months ........
$623,000
$638,333
$650,167
$639,723
2.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$655
MAY
$630,000
JUN JUL
MEDIAN SALES PRICE
AUG
$334
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$630 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Newport Beach DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,887,000
$2,055,000
$1,749,000
$1,867,500
-1.0%
Average Price per Square Foot ...........................
$824
$795
$795
$755
-8.4%
Properties Sold .......................................................
54
39
33
62
14.8%
Properties Pending Sale .......................................
65
51
54
68
4.6%
Properties For Sale ................................................
343
337
280
338
-1.5%
Days on Market (Pending Sale) ...........................
72
86
86
62
-13.9%
Month’s Supply of Inventory ................................
6.4
8.6
8.5
5.5
-14.2%
Percent Under Contract ........................................
19.0%
15.1%
19.3%
20.1%
6.2%
Average Median Price for Last 12 Months ........
$1,772,000
$1,739,052
$1,765,104
$1,810,101
2.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.887
MAY
$1,867,500
JUN JUL
MEDIAN SALES PRICE
AUG
$755
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.867 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Newport Coast DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$3,850,000
$2,500,000
$3,500,000
$2,802,500
-27.2%
Average Price per Square Foot ...........................
$908
$873
$762
$930
2.4%
Properties Sold .......................................................
11
9
7
14
27.3%
Properties Pending Sale .......................................
9
13
9
14
55.6%
Properties For Sale ................................................
96
92
75
87
-9.4%
Days on Market (Pending Sale) ...........................
67
99
185
37
-44.8%
Month’s Supply of Inventory ................................
8.7
10.2
10.7
6.2
-28.8%
Percent Under Contract ........................................
9.4%
14.1%
12.0%
16.1%
71.6%
Average Median Price for Last 12 Months ........
$2,886,000
$3,266,988
$2,903,333
$3,222,967
11.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $3.850
APR MAY
$2,802,500
JUN JUL
MEDIAN SALES PRICE
AUG
$930
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.802 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Newport Heights DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,100,000
$2,130,638
$1,077,000
$2,430,000
15.7%
Average Price per Square Foot ...........................
$791
$597
$582
$655
-17.2%
Properties Sold .......................................................
11
4
6
7
-36.4%
Properties Pending Sale .......................................
11
7
5
5
-54.5%
Properties For Sale ................................................
30
39
28
32
6.7%
Days on Market (Pending Sale) ...........................
53
72
92
36
-32.1%
Month’s Supply of Inventory ................................
2.7
9.8
4.7
4.6
67.6%
Percent Under Contract ........................................
36.7%
17.9%
17.9%
15.6%
-57.4%
Average Median Price for Last 12 Months ........
$1,612,000
$1,549,083
$1,751,667
$1,851,150
14.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.100
MAY
$2,430,000
JUN JUL
MEDIAN SALES PRICE
AUG
$655
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.430 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Rancho Santa Margarita DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$660,000
$660,000
$684,500
$680,000
3.0%
Average Price per Square Foot ...........................
$311
$312
$302
$328
5.5%
Properties Sold .......................................................
37
31
26
58
56.8%
Properties Pending Sale .......................................
36
43
39
61
69.4%
Properties For Sale ................................................
137
189
131
160
16.8%
Days on Market (Pending Sale) ...........................
62
74
72
45
-27.4%
Month’s Supply of Inventory ................................
3.7
6.1
5
2.8
-25.5%
Percent Under Contract ........................................
26.3%
22.8%
29.8%
38.1%
45.1%
Average Median Price for Last 12 Months ........
$638,000
$650,783
$649,417
$652,545
2.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$660
MAY
$680,000
JUN JUL
MEDIAN SALES PRICE
AUG
$328
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
San Clemente DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$817,000
$853,000
$845,000
$855,000
4.7%
Average Price per Square Foot ...........................
$397
$371
$385
$410
3.3%
Properties Sold .......................................................
63
63
42
82
30.2%
Properties Pending Sale .......................................
62
61
60
77
24.2%
Properties For Sale ................................................
283
327
241
279
-1.4%
Days on Market (Pending Sale) ...........................
62
77
75
63
1.6%
Month’s Supply of Inventory ................................
4.5
5.2
5.7
3.4
-24.3%
Percent Under Contract ........................................
21.9%
18.7%
24.9%
27.6%
26.0%
Average Median Price for Last 12 Months ........
$819,000
$844,917
$844,000
$839,000
2.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$817
MAY
$855,000
JUN JUL
MEDIAN SALES PRICE
AUG
$410
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$855 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
San Juan Capistrano DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$530,000
$720,000
$637,500
$698,750
31.8%
Average Price per Square Foot ...........................
$345
$356
$371
$333
-3.5%
Properties Sold .......................................................
23
21
10
34
47.8%
Properties Pending Sale .......................................
35
25
24
31
-11.4%
Properties For Sale ................................................
136
159
128
143
5.1%
Days on Market (Pending Sale) ...........................
91
107
92
86
-5.5%
Month’s Supply of Inventory ................................
5.9
7.6
12.8
4.2
-28.9%
Percent Under Contract ........................................
25.7%
15.7%
18.8%
21.7%
-15.8%
Average Median Price for Last 12 Months ........
$839,000
$775,292
$729,583
$749,318
-10.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$530
MAY
$698,750
JUN JUL
MEDIAN SALES PRICE
AUG
$333
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$698 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Shady Canyon DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$3,850,000
$3,650,000
$0
$0
-100.0%
Average Price per Square Foot ...........................
$802
$757
$0
$0
-100.0%
Properties Sold .......................................................
1
1
0
0
-100.0%
Properties Pending Sale .......................................
0
0
0
0
0%
Properties For Sale ................................................
4
3
2
1
-75.0%
Days on Market (Pending Sale) ...........................
0
0
0
0
0%
Month’s Supply of Inventory ................................
4
3
0
0
0%
Percent Under Contract ........................................
0.0%
0.0%
0.0%
0.0%
0%
Average Median Price for Last 12 Months ........
$5,518,000
$5,800,000
$5,800,000
$4,337,500
-21.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$3.850
MAY
No sales
JUN JUL
MEDIAN SALES PRICE
AUG
No sales
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
No sales MONTH’S SUPPLY OF INVENTORY
FEB MAR APR M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Turtle Ridge DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,693,400
$2,239,000
$2,230,000
$1,817,500
-32.5%
Average Price per Square Foot ...........................
$707
$657
$660
$599
-15.3%
Properties Sold .......................................................
2
3
4
4
100.0%
Properties Pending Sale .......................................
2
2
4
2
0.0%
Properties For Sale ................................................
32
30
20
25
-21.9%
Days on Market (Pending Sale) ...........................
36
40
144
39
8.3%
Month’s Supply of Inventory ................................
16
10
5
6.2
-60.9%
Percent Under Contract ........................................
6.2%
6.7%
20.0%
8.0%
28.0%
Average Median Price for Last 12 Months ........
$2,331,000
$2,311,907
$2,457,333
$2,433,988
4.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.693
APR MAY
$1,817,500
JUN JUL
MEDIAN SALES PRICE
AUG
$599
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.817 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Turtle Rock DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$0
$1,200,000
$0
$1,075,000
0%
Average Price per Square Foot ...........................
$0
$590
$0
$652
0%
Properties Sold .......................................................
0
1
0
1
0%
Properties Pending Sale .......................................
0
2
2
3
0%
Properties For Sale ................................................
4
8
7
11
175.0%
Days on Market (Pending Sale) ...........................
0
40
44
123
0%
Month’s Supply of Inventory ................................
0
8
0
11
0%
Percent Under Contract ........................................
0.0%
25.0%
28.6%
27.3%
0%
Average Median Price for Last 12 Months ........
$1,670,000
$1,262,850
$1,329,750
$1,252,375
-25.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR MAY
$1,075,000
JUN JUL
MEDIAN SALES PRICE
AUG
$652
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
11 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.075 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Westminster DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$547,500
$543,000
$536,000
$535,000
-2.3%
Average Price per Square Foot ...........................
$275
$327
$321
$335
21.8%
Properties Sold .......................................................
38
29
24
33
-13.2%
Properties Pending Sale .......................................
28
36
30
40
42.9%
Properties For Sale ................................................
120
115
98
107
-10.8%
Days on Market (Pending Sale) ...........................
40
40
43
38
-5.0%
Month’s Supply of Inventory ................................
3.2
4
4.1
3.2
2.7%
Percent Under Contract ........................................
23.3%
31.3%
30.6%
37.4%
60.2%
Average Median Price for Last 12 Months ........
$507,000
$542,300
$539,967
$537,788
6.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$547
MAY
$535,000
JUN JUL
MEDIAN SALES PRICE
AUG
$335
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$535 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
West Bay - Santa Ana Heights DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,350,000
$1,487,500
$1,499,500
$1,466,000
8.6%
Average Price per Square Foot ...........................
$587
$564
$667
$528
-10.1%
Properties Sold .......................................................
11
12
4
13
18.2%
Properties Pending Sale .......................................
9
10
8
14
55.6%
Properties For Sale ................................................
60
63
64
70
16.7%
Days on Market (Pending Sale) ...........................
68
45
94
56
-17.6%
Month’s Supply of Inventory ................................
5.5
5.2
16
5.4
-1.3%
Percent Under Contract ........................................
15.0%
15.9%
12.5%
20.0%
33.3%
Average Median Price for Last 12 Months ........
$1,470,000
$1,515,477
$1,593,354
$1,488,355
1.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.350
MAY
$1,466,000
JUN JUL
MEDIAN SALES PRICE
AUG
$528
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.466 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
West Newport - Lido DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,447,500
$0
$2,300,000
$2,520,000
3.0%
Average Price per Square Foot ...........................
$1,250
$0
$962
$1,431
14.5%
Properties Sold .......................................................
6
0
5
7
16.7%
Properties Pending Sale .......................................
14
3
12
11
-21.4%
Properties For Sale ................................................
63
46
43
54
-14.3%
Days on Market (Pending Sale) ...........................
84
117
66
53
-36.9%
Month’s Supply of Inventory ................................
10.5
0
8.6
7.7
-26.5%
Percent Under Contract ........................................
22.2%
6.5%
27.9%
20.4%
-8.3%
Average Median Price for Last 12 Months ........
$2,006,000
$2,101,833
$2,036,667
$2,145,292
6.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.447
MAY
$2,520,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,431
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.520 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Santa Barbara County
Carpinteria
Santa Barbara East of State
Goleta
Santa Barbara West of State
Hope Ranch
Santa Ynez
Montecito
Micro Market Report : April 2015
telesproperties.com
County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850
Micro Market Report : April 2015
telesproperties.com
Carpinteria DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$845,000
$872,500
$1,042,500
$770,250
-8.8%
Average Price per Square Foot ...........................
$1,283
$540
$1,824
$658
-48.7%
Properties Sold .......................................................
5
8
6
7
40.0%
Properties Pending Sale .......................................
4
12
7
11
175.0%
Properties For Sale ................................................
33
45
38
40
21.2%
Days on Market (Pending Sale) ...........................
85
22
75
26
-69.4%
Month’s Supply of Inventory ................................
6.6
5.6
6.3
5.7
-13.4%
Percent Under Contract ........................................
12.1%
26.7%
18.4%
27.5%
126.9%
Average Median Price for Last 12 Months ........
$1,093,000
$870,292
$820,083
$1,165,538
6.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$845
MAY
$770,250
JUN JUL
MEDIAN SALES PRICE
AUG
$658
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Goleta DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$765,000
$739,500
$680,000
$811,500
6.1%
Average Price per Square Foot ...........................
$487
$441
$499
$417
-14.4%
Properties Sold .......................................................
13
10
7
12
-7.7%
Properties Pending Sale .......................................
10
11
4
11
10.0%
Properties For Sale ................................................
18
34
32
35
94.4%
Days on Market (Pending Sale) ...........................
48
60
44
19
-60.4%
Month’s Supply of Inventory ................................
1.4
3.4
4.6
2.9
110.6%
Percent Under Contract ........................................
55.6%
32.4%
12.5%
31.4%
-43.4%
Average Median Price for Last 12 Months ........
$774,000
$730,042
$750,933
$770,288
-0.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$765
MAY
$811,500
JUN JUL
MEDIAN SALES PRICE
AUG
$417
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$811 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Hope Ranch DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$3,250,000
$1,780,000
$3,350,000
$4,685,000
44.2%
Average Price per Square Foot ...........................
$590
$675
$842
$1,100
86.4%
Properties Sold .......................................................
3
3
3
4
33.3%
Properties Pending Sale .......................................
4
3
4
4
0.0%
Properties For Sale ................................................
37
34
21
24
-35.1%
Days on Market (Pending Sale) ...........................
368
124
153
92
-75.0%
Month’s Supply of Inventory ................................
12.3
11.3
7
6
-51.4%
Percent Under Contract ........................................
10.8%
8.8%
19.0%
16.7%
54.2%
Average Median Price for Last 12 Months ........
$3,064,000
$3,081,917
$3,322,500
$2,847,462
-7.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$3.250
MAY
$4,685,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,100
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$4.685 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Montecito DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$2,987,500
$2,978,000
$4,860,062
$2,580,000
-13.6%
Average Price per Square Foot ...........................
$957
$899
$980
$856
-10.6%
Properties Sold .......................................................
20
17
12
12
-40.0%
Properties Pending Sale .......................................
24
11
12
19
-20.8%
Properties For Sale ................................................
183
152
127
161
-12.0%
Days on Market (Pending Sale) ...........................
82
115
81
73
-11.0%
Month’s Supply of Inventory ................................
9.2
8.9
10.6
13.4
46.6%
Percent Under Contract ........................................
13.1%
7.2%
9.4%
11.8%
-10.0%
Average Median Price for Last 12 Months ........
$2,421,000
$3,558,552
$3,826,667
$3,267,870
35.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.987
MAY
$2,580,000
JUN JUL
MEDIAN SALES PRICE
AUG
$856
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
13.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.580 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Santa Barbara East of State DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,150,000
$1,130,000
$1,420,000
$1,100,000
-4.3%
Average Price per Square Foot ...........................
$675
$588
$621
$615
-8.9%
Properties Sold .......................................................
25
19
17
22
-12.0%
Properties Pending Sale .......................................
41
31
17
37
-9.8%
Properties For Sale ................................................
127
145
102
148
16.5%
Days on Market (Pending Sale) ...........................
54
53
76
47
-13.0%
Month’s Supply of Inventory ................................
5.1
7.6
6
6.7
32.4%
Percent Under Contract ........................................
32.3%
21.4%
16.7%
25.0%
-22.6%
Average Median Price for Last 12 Months ........
$1,096,000
$1,180,458
$1,161,333
$1,206,058
10.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.150
MAY
$1,100,000
JUN JUL
MEDIAN SALES PRICE
AUG
$615
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.100 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Santa Barbara West of State DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$967,500
$1,340,000
$877,500
$847,500
-12.4%
Average Price per Square Foot ...........................
$641
$647
$649
$614
-4.2%
Properties Sold .......................................................
18
12
18
26
44.4%
Properties Pending Sale .......................................
26
28
14
26
0.0%
Properties For Sale ................................................
71
88
67
64
-9.9%
Days on Market (Pending Sale) ...........................
39
39
46
60
53.8%
Month’s Supply of Inventory ................................
3.9
7.3
3.7
2.5
-37.6%
Percent Under Contract ........................................
36.6%
31.8%
20.9%
40.6%
10.9%
Average Median Price for Last 12 Months ........
$911,000
$965,000
$958,333
$998,885
9.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$967
MAY
$847,500
JUN JUL
MEDIAN SALES PRICE
AUG
$614
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$847 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Santa Ynez DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$582,500
$494,000
$662,500
$992,000
70.3%
Average Price per Square Foot ...........................
$297
$414
$341
$653
119.9%
Properties Sold .......................................................
7
14
6
8
14.3%
Properties Pending Sale .......................................
12
10
15
17
41.7%
Properties For Sale ................................................
118
111
101
100
-15.3%
Days on Market (Pending Sale) ...........................
97
51
122
153
57.7%
Month’s Supply of Inventory ................................
16.9
7.9
16.8
12.5
-25.8%
Percent Under Contract ........................................
10.2%
9.0%
14.9%
17.0%
67.2%
Average Median Price for Last 12 Months ........
$668,000
$779,292
$883,167
$742,192
11.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$582
MAY
$992,000
JUN JUL
MEDIAN SALES PRICE
AUG
$653
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
12.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$992 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Monterey County
Carmel
Pacific Grove
Carmel Valley
Pebble Beach
Marina
Salinas
Monterey
Seaside
Micro Market Report : April 2015
telesproperties.com
County: MONTEREY Area: 3,771 SQ MILES Founded: 1850
Micro Market Report : April 2015
telesproperties.com
Carmel DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,395,000
$1,606,150
$1,225,000
$1,277,500
-8.4%
Average Price per Square Foot ...........................
$878
$876
$700
$831
-5.4%
Properties Sold .......................................................
20
28
13
16
-20.0%
Properties Pending Sale .......................................
36
18
13
23
-36.1%
Properties For Sale ................................................
173
131
123
143
-17.3%
Days on Market (Pending Sale) ...........................
70
165
131
84
20.0%
Month’s Supply of Inventory ................................
8.6
4.7
9.5
8.9
3.3%
Percent Under Contract ........................................
20.8%
13.7%
10.6%
16.1%
-22.7%
Average Median Price for Last 12 Months ........
$1,342,000
$1,375,417
$1,401,333
$1,393,165
3.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.395
MAY
$1,277,500
JUN JUL
MEDIAN SALES PRICE
AUG
$831
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
8.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.277 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Carmel Valley DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$832,000
$870,000
$1,110,000
$1,100,000
32.2%
Average Price per Square Foot ...........................
$516
$408
$445
$441
-14.5%
Properties Sold .......................................................
16
7
8
6
-62.5%
Properties Pending Sale .......................................
15
6
9
13
-13.3%
Properties For Sale ................................................
107
97
76
76
-29.0%
Days on Market (Pending Sale) ...........................
90
67
102
222
146.7%
Month’s Supply of Inventory ................................
6.7
13.9
9.5
12.7
89.4%
Percent Under Contract ........................................
14.0%
6.2%
11.8%
17.1%
22.0%
Average Median Price for Last 12 Months ........
$985,000
$931,833
$938,333
$907,308
-7.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$832
MAY
$1,100,000
JUN JUL
MEDIAN SALES PRICE
AUG
$441
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
12.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.100 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Marina DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$427,000
$409,500
$435,000
$427,500
0.1%
Average Price per Square Foot ...........................
$233
$292
$267
$313
34.3%
Properties Sold .......................................................
4
10
7
12
200.0%
Properties Pending Sale .......................................
13
11
7
9
-30.8%
Properties For Sale ................................................
44
39
27
21
-52.3%
Days on Market (Pending Sale) ...........................
37
67
58
59
59.5%
Month’s Supply of Inventory ................................
11
3.9
3.9
1.8
-84.1%
Percent Under Contract ........................................
29.5%
28.2%
25.9%
42.9%
45.1%
Average Median Price for Last 12 Months ........
$406,000
$428,817
$428,467
$430,119
5.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$427
MAY
$427,500
JUN JUL
MEDIAN SALES PRICE
AUG
$313
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$427 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Monterey DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$640,000
$763,800
$654,000
$712,000
11.2%
Average Price per Square Foot ...........................
$371
$446
$371
$369
-0.5%
Properties Sold .......................................................
17
22
14
22
29.4%
Properties Pending Sale .......................................
26
16
19
26
0.0%
Properties For Sale ................................................
116
128
103
89
-23.3%
Days on Market (Pending Sale) ...........................
42
113
96
56
33.3%
Month’s Supply of Inventory ................................
6.8
5.8
7.4
4
-40.7%
Percent Under Contract ........................................
22.4%
12.5%
18.4%
29.2%
30.3%
Average Median Price for Last 12 Months ........
$625,000
$647,292
$667,250
$674,350
7.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$640
MAY
$712,000
JUN JUL
MEDIAN SALES PRICE
AUG
$369
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$712 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Pacific Grove DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$725,000
$705,000
$681,000
$727,500
0.3%
Average Price per Square Foot ...........................
$538
$526
$682
$482
-10.4%
Properties Sold .......................................................
15
18
9
11
-26.7%
Properties Pending Sale .......................................
21
13
9
21
0.0%
Properties For Sale ................................................
63
62
54
58
-7.9%
Days on Market (Pending Sale) ...........................
67
53
78
48
-28.4%
Month’s Supply of Inventory ................................
4.2
3.4
6
5.3
25.5%
Percent Under Contract ........................................
33.3%
21.0%
16.7%
36.2%
8.6%
Average Median Price for Last 12 Months ........
$713,000
$784,167
$815,000
$751,731
5.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$725
MAY
$727,500
JUN JUL
MEDIAN SALES PRICE
AUG
$482
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$727 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Pebble Beach DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,350,000
$1,287,500
$1,963,750
$1,340,000
-0.7%
Average Price per Square Foot ...........................
$595
$1,423
$805
$555
-6.7%
Properties Sold .......................................................
11
16
6
11
0.0%
Properties Pending Sale .......................................
13
9
8
9
-30.8%
Properties For Sale ................................................
75
83
78
73
-2.7%
Days on Market (Pending Sale) ...........................
106
135
124
89
-16.0%
Month’s Supply of Inventory ................................
6.8
5.2
13
6.6
-2.7%
Percent Under Contract ........................................
17.3%
10.8%
10.3%
12.3%
-28.9%
Average Median Price for Last 12 Months ........
$1,514,000
$1,444,042
$1,516,833
$1,450,712
-4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.350
MAY
$1,340,000
JUN JUL
MEDIAN SALES PRICE
AUG
$555
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.340 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Salinas DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$400,000
$387,500
$382,450
$415,000
3.8%
Average Price per Square Foot ...........................
$233
$237
$255
$263
12.9%
Properties Sold .......................................................
57
70
46
56
-1.8%
Properties Pending Sale .......................................
68
54
54
86
26.5%
Properties For Sale ................................................
230
263
183
225
-2.2%
Days on Market (Pending Sale) ...........................
42
46
65
43
2.4%
Month’s Supply of Inventory ................................
4
3.8
4
4
-0.4%
Percent Under Contract ........................................
29.6%
20.5%
29.5%
38.2%
29.3%
Average Median Price for Last 12 Months ........
$355,000
$409,367
$420,000
$398,054
12.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$400
MAY
$415,000
JUN JUL
MEDIAN SALES PRICE
AUG
$263
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$415 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Seaside DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$330,000
$370,000
$320,000
$371,500
12.6%
Average Price per Square Foot ...........................
$306
$279
$300
$302
-1.3%
Properties Sold .......................................................
27
15
14
19
-29.6%
Properties Pending Sale .......................................
14
12
8
18
28.6%
Properties For Sale ................................................
76
69
36
37
-51.3%
Days on Market (Pending Sale) ...........................
27
79
65
53
96.3%
Month’s Supply of Inventory ................................
2.8
4.6
2.6
1.9
-30.8%
Percent Under Contract ........................................
18.4%
17.4%
22.2%
48.6%
164.1%
Average Median Price for Last 12 Months ........
$341,000
$359,417
$350,500
$355,022
4.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$330
MAY
$371,500
JUN JUL
MEDIAN SALES PRICE
AUG
$302
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$371 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Condominiums
Beverly Center - Miracle Mile
Santa Monica
Beverly Hills
Sherman Oaks
Brentwood
Studio City
Culver City
Venice
Encino
West Hollywood
Malibu
West LA
Marina Del Rey
Westwood - Century City
Micro Market Report : April 2015
telesproperties.com
County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY
Micro Market Report : April 2015
telesproperties.com
Beverly Center - Miracle Mile DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$730,000
$610,000
$650,000
$617,500
-15.4%
Average Price per Square Foot ...........................
$503
$474
$476
$500
-0.6%
Properties Sold .......................................................
9
6
7
10
11.1%
Properties Pending Sale .......................................
6
6
8
12
100.0%
Properties For Sale ................................................
29
30
33
34
17.2%
Days on Market (Pending Sale) ...........................
28
36
66
27
-3.6%
Month’s Supply of Inventory ................................
3.2
5
4.7
3.4
5.5%
Percent Under Contract ........................................
20.7%
20.0%
24.2%
35.3%
70.6%
Average Median Price for Last 12 Months ........
$645,000
$681,533
$723,067
$646,131
0.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$730
MAY
$617,500
JUN JUL
MEDIAN SALES PRICE
AUG
$500
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$617 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Beverly Hills DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,015,000
$1,412,500
$1,040,000
$977,500
-3.7%
Average Price per Square Foot ...........................
$612
$622
$594
$567
-7.4%
Properties Sold .......................................................
9
6
7
12
33.3%
Properties Pending Sale .......................................
15
8
8
14
-6.7%
Properties For Sale ................................................
52
53
66
56
7.7%
Days on Market (Pending Sale) ...........................
70
67
181
78
11.4%
Month’s Supply of Inventory ................................
5.8
8.8
9.4
4.7
-19.2%
Percent Under Contract ........................................
28.8%
15.1%
12.1%
25.0%
-13.3%
Average Median Price for Last 12 Months ........
$934,000
$1,025,148
$1,107,129
$1,075,991
15.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.015
MAY
$977,500
JUN JUL
MEDIAN SALES PRICE
AUG
$567
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$977 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Brentwood DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$803,500
$770,000
$600,000
$789,000
-1.8%
Average Price per Square Foot ...........................
$524
$532
$519
$565
7.8%
Properties Sold .......................................................
17
19
15
23
35.3%
Properties Pending Sale .......................................
22
19
8
24
9.1%
Properties For Sale ................................................
78
89
63
74
-5.1%
Days on Market (Pending Sale) ...........................
40
84
38
60
50.0%
Month’s Supply of Inventory ................................
4.6
4.7
4.2
3.2
-29.9%
Percent Under Contract ........................................
28.2%
21.3%
12.7%
32.4%
15.0%
Average Median Price for Last 12 Months ........
$686,000
$713,650
$738,300
$736,762
7.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$803
MAY
$789,000
JUN JUL
MEDIAN SALES PRICE
AUG
$565
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$789 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Culver City DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$350,000
$410,000
$420,000
$445,000
27.1%
Average Price per Square Foot ...........................
$370
$424
$400
$430
16.2%
Properties Sold .......................................................
14
13
19
23
64.3%
Properties Pending Sale .......................................
14
18
22
23
64.3%
Properties For Sale ................................................
46
50
47
47
2.2%
Days on Market (Pending Sale) ...........................
20
20
49
24
20.0%
Month’s Supply of Inventory ................................
3.3
3.8
2.5
2
-37.8%
Percent Under Contract ........................................
30.4%
36.0%
46.8%
48.9%
60.8%
Average Median Price for Last 12 Months ........
$375,000
$417,667
$422,333
$412,942
10.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$350
MAY
$445,000
JUN JUL
MEDIAN SALES PRICE
AUG
$430
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$445 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Encino DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$329,000
$354,000
$306,000
$335,000
1.8%
Average Price per Square Foot ...........................
$255
$286
$268
$288
12.9%
Properties Sold .......................................................
20
14
8
14
-30.0%
Properties Pending Sale .......................................
20
20
10
21
5.0%
Properties For Sale ................................................
51
48
36
37
-27.5%
Days on Market (Pending Sale) ...........................
50
77
52
64
28.0%
Month’s Supply of Inventory ................................
2.6
3.4
4.5
2.6
3.6%
Percent Under Contract ........................................
39.2%
41.7%
27.8%
56.8%
44.7%
Average Median Price for Last 12 Months ........
$289,615
$315,500
$329,333
$305,308
5.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$329
MAY
$335,000
JUN JUL
MEDIAN SALES PRICE
AUG
$288
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$335 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Malibu DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,075,000
$1,675,000
$589,000
$640,000
-40.5%
Average Price per Square Foot ...........................
$812
$643
$350
$416
-48.8%
Properties Sold .......................................................
2
1
1
1
-50.0%
Properties Pending Sale .......................................
5
4
1
4
-20.0%
Properties For Sale ................................................
20
24
20
29
45.0%
Days on Market (Pending Sale) ...........................
78
79
114
70
-10.3%
Month’s Supply of Inventory ................................
10
24
20
29
190.0%
Percent Under Contract ........................................
25.0%
16.7%
5.0%
13.8%
-44.8%
Average Median Price for Last 12 Months ........
$840,000
$890,833
$1,083,333
$969,000
15.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.075
APR MAY
$640,000
JUN JUL
MEDIAN SALES PRICE
AUG
$416
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
29 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$640 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Marina Del Rey DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$765,000
$758,750
$825,500
$905,000
18.3%
Average Price per Square Foot ...........................
$591
$587
$546
$657
11.2%
Properties Sold .......................................................
25
28
14
21
-16.0%
Properties Pending Sale .......................................
33
29
16
26
-21.2%
Properties For Sale ................................................
141
112
104
109
-22.7%
Days on Market (Pending Sale) ...........................
76
72
35
119
56.6%
Month’s Supply of Inventory ................................
5.6
4
7.4
5.2
-8.0%
Percent Under Contract ........................................
23.4%
25.9%
15.4%
23.9%
1.9%
Average Median Price for Last 12 Months ........
$750,000
$849,833
$914,667
$811,442
8.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$765
MAY
$905,000
JUN JUL
MEDIAN SALES PRICE
AUG
$657
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$905 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Santa Monica DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$767,500
$925,000
$783,750
$1,280,000
66.8%
Average Price per Square Foot ...........................
$715
$819
$850
$1,030
44.1%
Properties Sold .......................................................
42
56
24
26
-38.1%
Properties Pending Sale .......................................
42
41
30
40
-4.8%
Properties For Sale ................................................
135
156
99
132
-2.2%
Days on Market (Pending Sale) ...........................
39
40
57
47
20.5%
Month’s Supply of Inventory ................................
3.2
2.8
4.1
5.1
57.9%
Percent Under Contract ........................................
31.1%
26.3%
30.3%
30.3%
-2.6%
Average Median Price for Last 12 Months ........
$713,000
$957,125
$991,833
$965,973
35.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$767
MAY
$1,280,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,030
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.280 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Sherman Oaks DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$375,000
$405,000
$429,000
$425,000
13.3%
Average Price per Square Foot ...........................
$312
$298
$316
$357
14.4%
Properties Sold .......................................................
18
17
13
25
38.9%
Properties Pending Sale .......................................
26
18
34
31
19.2%
Properties For Sale ................................................
52
59
35
37
-28.8%
Days on Market (Pending Sale) ...........................
52
53
60
41
-21.2%
Month’s Supply of Inventory ................................
2.9
3.5
2.7
1.5
-48.8%
Percent Under Contract ........................................
50.0%
30.5%
97.1%
83.8%
67.6%
Average Median Price for Last 12 Months ........
$380,308
$423,167
$440,000
$407,231
7.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$375
MAY
$425,000
JUN JUL
MEDIAN SALES PRICE
AUG
$357
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$425 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Studio City DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$450,000
$540,000
$550,000
$547,000
21.6%
Average Price per Square Foot ...........................
$396
$376
$421
$412
4.0%
Properties Sold .......................................................
8
11
7
9
12.5%
Properties Pending Sale .......................................
6
11
16
16
166.7%
Properties For Sale ................................................
33
31
27
22
-33.3%
Days on Market (Pending Sale) ...........................
77
68
57
68
-11.7%
Month’s Supply of Inventory ................................
4.1
2.8
3.9
2.4
-40.7%
Percent Under Contract ........................................
18.2%
35.5%
59.3%
72.7%
300.0%
Average Median Price for Last 12 Months ........
$459,769
$523,167
$517,333
$506,308
10.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$450
MAY
$547,000
JUN JUL
MEDIAN SALES PRICE
AUG
$412
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$547 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Venice DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$1,101,300
$1,050,000
$1,098,500
$941,000
-14.6%
Average Price per Square Foot ...........................
$786
$765
$691
$997
26.8%
Properties Sold .......................................................
5
3
4
2
-60.0%
Properties Pending Sale .......................................
2
6
3
5
150.0%
Properties For Sale ................................................
13
32
18
20
53.8%
Days on Market (Pending Sale) ...........................
6
76
68
138
2200.0%
Month’s Supply of Inventory ................................
2.6
10.7
4.5
10
284.6%
Percent Under Contract ........................................
15.4%
18.8%
16.7%
25.0%
62.5%
Average Median Price for Last 12 Months ........
$990,000
$968,100
$1,004,333
$1,114,067
12.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.101
MAY
$941,000
JUN JUL
MEDIAN SALES PRICE
AUG
$997
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
10 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$941 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
West Hollywood DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$645,000
$590,000
$635,000
$594,500
-7.8%
Average Price per Square Foot ...........................
$579
$548
$521
$594
2.6%
Properties Sold .......................................................
33
29
17
31
-6.1%
Properties Pending Sale .......................................
32
33
36
43
34.4%
Properties For Sale ................................................
140
154
135
148
5.7%
Days on Market (Pending Sale) ...........................
45
46
56
36
-20.0%
Month’s Supply of Inventory ................................
4.2
5.3
7.9
4.8
12.5%
Percent Under Contract ........................................
22.9%
21.4%
26.7%
29.1%
27.1%
Average Median Price for Last 12 Months ........
$560,000
$617,500
$613,500
$622,115
11.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$645
MAY
$594,500
JUN JUL
MEDIAN SALES PRICE
AUG
$594
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$594 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
West LA DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$575,000
$605,500
$612,500
$697,500
21.3%
Average Price per Square Foot ...........................
$465
$456
$443
$494
6.2%
Properties Sold .......................................................
15
13
13
18
20.0%
Properties Pending Sale .......................................
11
15
17
15
36.4%
Properties For Sale ................................................
56
62
43
47
-16.1%
Days on Market (Pending Sale) ...........................
27
41
66
26
-3.7%
Month’s Supply of Inventory ................................
3.7
4.8
3.3
2.6
-30.1%
Percent Under Contract ........................................
19.6%
24.2%
39.5%
31.9%
62.5%
Average Median Price for Last 12 Months ........
$623,000
$624,917
$642,667
$629,731
1.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$575
MAY
$697,500
JUN JUL
MEDIAN SALES PRICE
AUG
$494
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$697 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
Westwood - Century City DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$749,000
$707,500
$788,000
$747,500
-0.2%
Average Price per Square Foot ...........................
$708
$629
$584
$651
-8.1%
Properties Sold .......................................................
41
50
41
58
41.5%
Properties Pending Sale .......................................
46
43
33
56
21.7%
Properties For Sale ................................................
280
270
257
281
0.4%
Days on Market (Pending Sale) ...........................
76
72
78
54
-28.9%
Month’s Supply of Inventory ................................
6.8
5.4
6.3
4.8
-29.1%
Percent Under Contract ........................................
16.4%
15.9%
12.8%
19.9%
21.3%
Average Median Price for Last 12 Months ........
$719,000
$775,000
$778,667
$768,029
6.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$749
MAY
$747,500
JUN JUL
MEDIAN SALES PRICE
AUG
$651
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$747 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : April 2015
telesproperties.com
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