micro market report luxury real estate market research April 2017 | LOS ANGELES, ORANGE, SANTA BARBARA, MONTEREY, RIVERSIDE, SAN DIEGO
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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
Malibu Beach
Hermosa Beach
Calabasas
Bel Air - Holmby Hills
Marina del Rey
Manhattan Beach
Encino
Beverly Center - Miracle Mile
Mid Los Angeles
Palos Verdes Estates
Glendale
Beverly Hills
Mid Wilshire
Rancho Palos Verdes
La Crescenta North
Beverly Hills P.O.
Pacific Palisades
Redondo Beach - North
Hollywood
Beverlywood
Palms - Mar Vista
Redondo Beach - South
Shadow Hills
Brentwood
Playa del Rey
Rolling Hills
Sherman Oaks
Cheviot Hills - Rancho Park
Playa Vista
Rolling Hills Estates
Studio City
Culver City
Santa Monica
San Pedro
Sun Valley
Hancock Park - Wilshire
Sunset Strip - Hollywood Hills West
Torrance - County Strip
Sunland - Tujunga
Hollywood
Venice
Torrance - North
Tarzana
Hollywood Hills East
West Hollywood
Torrance - Southeast
Toluca Lake
Inglewood
West Los Angeles
Torrance - South
Valley Village
Ladera Heights
Westchester
Torrance - West
Westlake Village
Laurel Canyon
Westwood - Century City
San Fernando Macro
Woodland Hills
Los Feliz
South Bay Macro
Agoura Hills
San Gabriel Valley Macro
Malibu
El Segundo
Burbank
Altadena
Micro Market Report : April 2017
telesproperties.com
County: LOS ANGELES Area: 4,752 SQ MILES Founded: 1850
Arcadia Duarte La Canada Flintridge Monrovia Pasadena San Gabriel San Marino Sierra Madre South Pasadena
Micro Market Report : April 2017
telesproperties.com
Los Angeles County DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$575,000
$583,000
$580,500
$610,000
6.1%
Average Price per Square Foot ...........................
$443
$457
$447
$468
5.6%
Properties Sold .......................................................
4251
3949
3168
3879
-8.8%
Properties Pending Sale .......................................
5160
4611
3669
4982
-3.4%
Properties For Sale ................................................
17,601
18,435
14,584
16,486
-6.3%
Days on Market (Pending Sale) ...........................
40
43
52
34
-15.0%
Month’s Supply of Inventory ................................
4.1
4.7
4.6
4.3
2.6%
Percent Under Contract ........................................
29.3%
25.0%
25.2%
30.2%
3.1%
Average Median Price for Last 12 Months ........
$547,477
$588,417
$596,667
$588,192
6.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$575
MAY
$610,000
JUN JUL
MEDIAN SALES PRICE
AUG
$468
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$610 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 2017
telesproperties.com
Bel-Air Holmby Hills DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,840,000
$1,425,000
$1,395,000
$1,640,000
-10.9%
Average Price per Square Foot ...........................
$940
$1,983
$687
$1,439
53.1%
Properties Sold .......................................................
16
13
8
16
0.0%
Properties Pending Sale .......................................
21
16
13
12
-42.9%
Properties For Sale ................................................
147
163
143
162
10.2%
Days on Market (Pending Sale) ...........................
92
83
63
33
-64.1%
Month’s Supply of Inventory ................................
9.2
12.5
17.9
10.1
10.2%
Percent Under Contract ........................................
14.3%
9.8%
9.1%
7.4%
-48.1%
Average Median Price for Last 12 Months ........
$2,210,229
$1,813,921
$2,177,009
$2,030,271
-8.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.840
MAY
$1,640,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,439
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
10.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.640 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 2017
telesproperties.com
Beverly Center - Miracle Mile DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,590,000
$1,600,000
$1,520,000
$1,474,812
-7.2%
Average Price per Square Foot ...........................
$743
$671
$710
$730
-1.7%
Properties Sold .......................................................
19
15
11
24
26.3%
Properties Pending Sale .......................................
16
18
19
17
6.2%
Properties For Sale ................................................
77
97
93
91
18.2%
Days on Market (Pending Sale) ...........................
44
47
73
20
-54.5%
Month’s Supply of Inventory ................................
4.1
6.5
8.5
3.8
-6.4%
Percent Under Contract ........................................
20.8%
18.6%
20.4%
18.7%
-10.1%
Average Median Price for Last 12 Months ........
$1,503,354
$1,504,885
$1,509,937
$1,538,601
2.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.590
MAY
$1,474,812
JUN JUL
MEDIAN SALES PRICE
AUG
$730
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.474 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 2017
telesproperties.com
Beverly Hills DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$3,215,000
$2,813,655
$4,825,000
$6,550,000
103.7%
Average Price per Square Foot ...........................
$1,209
$1,239
$1,291
$1,553
28.5%
Properties Sold .......................................................
10
19
11
16
60.0%
Properties Pending Sale .......................................
14
15
19
14
0.0%
Properties For Sale ................................................
128
127
111
92
-28.1%
Days on Market (Pending Sale) ...........................
46
47
110
73
58.7%
Month’s Supply of Inventory ................................
12.8
6.7
10.1
5.8
-55.1%
Percent Under Contract ........................................
10.9%
11.8%
17.1%
15.2%
39.1%
Average Median Price for Last 12 Months ........
$4,866,198
$5,908,333
$5,966,667
$5,019,666
3.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$3.215
MAY
$6,550,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,553
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$6.550 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 2017
telesproperties.com
Beverly Hills- Post Office DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,575,000
$3,000,000
$2,500,000
$7,988,000
210.2%
Average Price per Square Foot ...........................
$718
$879
$930
$1,250
74.1%
Properties Sold .......................................................
11
13
7
7
-36.4%
Properties Pending Sale .......................................
14
12
8
20
42.9%
Properties For Sale ................................................
154
195
155
182
18.2%
Days on Market (Pending Sale) ...........................
75
77
48
58
-22.7%
Month’s Supply of Inventory ................................
14
15
22.1
26
85.7%
Percent Under Contract ........................................
9.1%
6.2%
5.2%
11.0%
20.9%
Average Median Price for Last 12 Months ........
$2,791,917
$3,418,765
$4,378,197
$3,104,299
10.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.575
MAY
$7,988,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,250
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
26 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$7.988 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 2017
telesproperties.com
Beverlywood DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,160,000
$1,314,000
$1,160,555
$1,350,000
16.4%
Average Price per Square Foot ...........................
$695
$624
$696
$743
6.9%
Properties Sold .......................................................
17
10
17
15
-11.8%
Properties Pending Sale .......................................
22
16
14
21
-4.5%
Properties For Sale ................................................
75
60
42
42
-44.0%
Days on Market (Pending Sale) ...........................
35
36
72
44
25.7%
Month’s Supply of Inventory ................................
4.4
6
2.5
2.8
-36.5%
Percent Under Contract ........................................
29.3%
26.7%
33.3%
50.0%
70.5%
Average Median Price for Last 12 Months ........
$1,125,382
$1,227,843
$1,190,333
$1,236,718
9.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.160
MAY
$1,350,000
JUN JUL
MEDIAN SALES PRICE
AUG
$743
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.350 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 2017
telesproperties.com
Brentwood DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,496,500
$2,720,000
$3,185,000
$3,500,000
40.2%
Average Price per Square Foot ...........................
$1,240
$1,039
$1,193
$986
-20.5%
Properties Sold .......................................................
22
19
13
19
-13.6%
Properties Pending Sale .......................................
29
25
17
25
-13.8%
Properties For Sale ................................................
156
160
114
148
-5.1%
Days on Market (Pending Sale) ...........................
54
67
68
61
13.0%
Month’s Supply of Inventory ................................
7.1
8.4
8.8
7.8
9.9%
Percent Under Contract ........................................
18.6%
15.6%
14.9%
16.9%
-9.1%
Average Median Price for Last 12 Months ........
$2,835,448
$3,474,000
$4,075,000
$3,213,577
11.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.496
MAY
$3,500,000
JUN JUL
MEDIAN SALES PRICE
AUG
$986
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$3.500 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 2017
telesproperties.com
Cheviot Hills - Rancho Park DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,305,000
$1,160,000
$1,930,000
$1,967,000
-14.7%
Average Price per Square Foot ...........................
$714
$718
$752
$823
15.3%
Properties Sold .......................................................
6
3
7
9
50.0%
Properties Pending Sale .......................................
8
9
5
14
75.0%
Properties For Sale ................................................
28
33
30
33
17.9%
Days on Market (Pending Sale) ...........................
46
59
31
50
8.7%
Month’s Supply of Inventory ................................
4.7
11
4.3
3.7
-21.4%
Percent Under Contract ........................................
28.6%
27.3%
16.7%
42.4%
48.5%
Average Median Price for Last 12 Months ........
$1,797,768
$1,988,917
$2,134,000
$2,065,654
13.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.305
MAY
$1,967,000
JUN JUL
MEDIAN SALES PRICE
AUG
$823
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.967 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 2017
telesproperties.com
Culver City DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,200,000
$1,100,000
$1,100,000
$1,400,000
16.7%
Average Price per Square Foot ...........................
$666
$660
$661
$711
6.8%
Properties Sold .......................................................
27
13
17
19
-29.6%
Properties Pending Sale .......................................
27
16
12
20
-25.9%
Properties For Sale ................................................
64
49
47
58
-9.4%
Days on Market (Pending Sale) ...........................
22
36
35
18
-18.2%
Month’s Supply of Inventory ................................
2.4
3.8
2.8
3.1
28.8%
Percent Under Contract ........................................
42.2%
32.7%
25.5%
34.5%
-18.3%
Average Median Price for Last 12 Months ........
$1,048,417
$1,209,375
$1,258,667
$1,165,615
10.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.200
MAY
$1,400,000
JUN JUL
MEDIAN SALES PRICE
AUG
$711
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.400 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 2017
telesproperties.com
Downtown DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$269,625
$320,000
$327,450
$489,000
81.4%
Average Price per Square Foot ...........................
$242
$253
$281
$323
33.5%
Properties Sold .......................................................
8
12
8
10
25.0%
Properties Pending Sale .......................................
14
8
8
9
-35.7%
Properties For Sale ................................................
54
43
41
48
-11.1%
Days on Market (Pending Sale) ...........................
41
28
68
55
34.1%
Month’s Supply of Inventory ................................
6.8
3.6
5.1
4.8
-28.9%
Percent Under Contract ........................................
25.9%
18.6%
19.5%
18.8%
-27.7%
Average Median Price for Last 12 Months ........
$304,649
$378,223
$411,000
$349,882
12.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$269
MAY
$489,000
JUN JUL
MEDIAN SALES PRICE
AUG
$323
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$489 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 2017
telesproperties.com
Hancock Park - Wilshire DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,480,000
$1,765,000
$2,500,000
$1,598,750
8.0%
Average Price per Square Foot ...........................
$624
$764
$737
$734
17.6%
Properties Sold .......................................................
29
19
19
30
3.4%
Properties Pending Sale .......................................
27
27
25
19
-29.6%
Properties For Sale ................................................
112
136
105
93
-17.0%
Days on Market (Pending Sale) ...........................
43
48
82
47
9.3%
Month’s Supply of Inventory ................................
3.9
7.2
5.5
3.1
-19.7%
Percent Under Contract ........................................
24.1%
19.9%
23.8%
20.4%
-15.3%
Average Median Price for Last 12 Months ........
$1,441,703
$1,817,940
$1,701,250
$1,669,943
13.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.480
MAY
$1,598,750
JUN JUL
MEDIAN SALES PRICE
AUG
$734
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.598 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 2017
telesproperties.com
Hollywood DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,300,000
$1,425,000
$1,185,000
$845,000
-63.3%
Average Price per Square Foot ...........................
$769
$685
$687
$551
-28.3%
Properties Sold .......................................................
3
11
9
3
0.0%
Properties Pending Sale .......................................
9
12
3
6
-33.3%
Properties For Sale ................................................
40
44
34
37
-7.5%
Days on Market (Pending Sale) ...........................
36
11
50
22
-38.9%
Month’s Supply of Inventory ................................
13.3
4
3.8
12.3
-7.5%
Percent Under Contract ........................................
22.5%
27.3%
8.8%
16.2%
-27.9%
Average Median Price for Last 12 Months ........
$970,893
$814,342
$824,016
$978,927
0.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.300
APR MAY
$845,000
JUN JUL
MEDIAN SALES PRICE
AUG
$551
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
12.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$845 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 2017
telesproperties.com
Hollywood Hills East DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,375,582
$1,034,995
$1,500,000
$1,625,000
18.1%
Average Price per Square Foot ...........................
$669
$659
$597
$739
10.5%
Properties Sold .......................................................
10
6
11
13
30.0%
Properties Pending Sale .......................................
16
20
15
15
-6.2%
Properties For Sale ................................................
70
94
81
98
40.0%
Days on Market (Pending Sale) ...........................
53
55
58
28
-47.2%
Month’s Supply of Inventory ................................
4.4
4.7
5.4
7.5
72.3%
Percent Under Contract ........................................
22.9%
21.3%
18.5%
15.3%
-33.0%
Average Median Price for Last 12 Months ........
$1,240,267
$1,433,792
$1,479,250
$1,489,769
16.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.375
MAY
$1,625,000
JUN JUL
MEDIAN SALES PRICE
AUG
$739
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.625 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 2017
telesproperties.com
Inglewood DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$452,500
$480,000
$487,500
$523,375
15.7%
Average Price per Square Foot ...........................
$334
$330
$373
$382
14.4%
Properties Sold .......................................................
14
15
18
26
85.7%
Properties Pending Sale .......................................
14
19
18
23
64.3%
Properties For Sale ................................................
64
55
56
62
-3.1%
Days on Market (Pending Sale) ...........................
30
52
44
38
26.7%
Month’s Supply of Inventory ................................
4.6
2.9
3.1
2.4
-47.8%
Percent Under Contract ........................................
21.9%
34.5%
32.1%
37.1%
69.6%
Average Median Price for Last 12 Months ........
$419,946
$485,546
$501,958
$473,137
11.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$452
MAY
$523,375
JUN JUL
MEDIAN SALES PRICE
AUG
$382
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$523 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 2017
telesproperties.com
Ladera Heights DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$917,125
$987,500
$902,500
$1,050,000
14.5%
Average Price per Square Foot ...........................
$351
$419
$396
$379
8.0%
Properties Sold .......................................................
8
4
4
5
-37.5%
Properties Pending Sale .......................................
3
2
18
6
100.0%
Properties For Sale ................................................
22
16
56
24
9.1%
Days on Market (Pending Sale) ...........................
81
120
109
14
-82.7%
Month’s Supply of Inventory ................................
7.3
8
3.1
4.8
-34.5%
Percent Under Contract ........................................
13.6%
12.5%
32.1%
25.0%
83.3%
Average Median Price for Last 12 Months ........
$970,699
$1,103,958
$1,063,750
$1,009,990
3.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$917
MAY
$1,050,000
JUN JUL
MEDIAN SALES PRICE
AUG
$379
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.050 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 2017
telesproperties.com
Laurel Canyon DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,312,500
$2,172,000
$1,710,000
$1,600,000
21.9%
Average Price per Square Foot ...........................
$759
$812
$741
$703
-7.4%
Properties Sold .......................................................
18
15
21
23
27.8%
Properties Pending Sale .......................................
28
22
27
24
-14.3%
Properties For Sale ................................................
146
195
158
163
11.6%
Days on Market (Pending Sale) ...........................
35
43
55
36
2.9%
Month’s Supply of Inventory ................................
5.2
8.9
5.9
6.8
30.3%
Percent Under Contract ........................................
19.2%
11.3%
17.1%
14.7%
-23.2%
Average Median Price for Last 12 Months ........
$1,449,728
$1,560,383
$1,509,433
$1,604,353
10.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.312
MAY
$1,600,000
JUN JUL
MEDIAN SALES PRICE
AUG
$703
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.600 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 2017
telesproperties.com
Los Feliz DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,575,000
$1,825,500
$1,515,000
$1,685,000
7.0%
Average Price per Square Foot ...........................
$618
$555
$595
$805
30.3%
Properties Sold .......................................................
17
14
11
19
11.8%
Properties Pending Sale .......................................
19
16
18
29
52.6%
Properties For Sale ................................................
70
107
90
98
40.0%
Days on Market (Pending Sale) ...........................
37
79
99
53
43.2%
Month’s Supply of Inventory ................................
3.7
6.7
5
5.2
40.0%
Percent Under Contract ........................................
27.1%
15.0%
20.0%
29.6%
9.0%
Average Median Price for Last 12 Months ........
$1,559,783
$1,595,735
$1,530,833
$1,571,762
0.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.575
MAY
$1,685,000
JUN JUL
MEDIAN SALES PRICE
AUG
$805
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.685 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 2017
telesproperties.com
Malibu DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,785,000
$1,829,500
$2,250,000
$4,225,000
136.7%
Average Price per Square Foot ...........................
$817
$992
$841
$1,142
39.8%
Properties Sold .......................................................
14
14
15
4
-71.4%
Properties Pending Sale .......................................
22
12
11
17
-22.7%
Properties For Sale ................................................
219
225
192
212
-3.2%
Days on Market (Pending Sale) ...........................
127
136
145
134
5.5%
Month’s Supply of Inventory ................................
15.6
16.1
12.8
53
238.8%
Percent Under Contract ........................................
10.0%
5.3%
5.7%
8.0%
-20.2%
Average Median Price for Last 12 Months ........
$2,303,053
$3,088,250
$3,268,167
$2,722,615
15.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.785
MAY
$4,225,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,142
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
53 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$4.225 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 2017
telesproperties.com
Malibu Beach DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$5,050,000
$3,850,000
$16,000,000
$10,113,500
100.3%
Average Price per Square Foot ...........................
$2,152
$2,832
$7,039
$2,162
0.5%
Properties Sold .......................................................
4
3
1
2
-50.0%
Properties Pending Sale .......................................
3
1
2
8
166.7%
Properties For Sale ................................................
87
79
74
84
-3.4%
Days on Market (Pending Sale) ...........................
133
188
178
87
-34.6%
Month’s Supply of Inventory ................................
21.8
26.3
74
42
93.1%
Percent Under Contract ........................................
3.4%
1.3%
2.7%
9.5%
176.2%
Average Median Price for Last 12 Months ........
$6,745,208
$9,542,958
$9,663,500
$7,443,596
9.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$5.050
MAY
$10,113,500
JUN JUL
MEDIAN SALES PRICE
AUG
$2,162
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
42 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$10.113 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 2017
telesproperties.com
Marina Del Rey DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,055,000
$1,487,525
$1,310,000
$1,410,000
33.6%
Average Price per Square Foot ...........................
$853
$779
$793
$777
-8.9%
Properties Sold .......................................................
8
5
1
5
-37.5%
Properties Pending Sale .......................................
6
7
6
8
33.3%
Properties For Sale ................................................
34
27
30
38
11.8%
Days on Market (Pending Sale) ...........................
70
19
34
62
-11.4%
Month’s Supply of Inventory ................................
4.2
5.4
30
7.6
78.8%
Percent Under Contract ........................................
17.6%
25.9%
20.0%
21.1%
19.3%
Average Median Price for Last 12 Months ........
$1,401,938
$1,371,833
$1,493,833
$1,473,348
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.055
MAY
$1,410,000
JUN JUL
MEDIAN SALES PRICE
AUG
$777
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.410 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 2017
telesproperties.com
Mid Los Angeles DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$650,000
$610,250
$700,000
$620,000
-4.6%
Average Price per Square Foot ...........................
$339
$415
$409
$426
25.7%
Properties Sold .......................................................
27
34
31
34
25.9%
Properties Pending Sale .......................................
52
39
32
56
7.7%
Properties For Sale ................................................
150
142
104
147
-2.0%
Days on Market (Pending Sale) ...........................
54
51
46
30
-44.4%
Month’s Supply of Inventory ................................
5.6
4.2
3.4
4.3
-22.2%
Percent Under Contract ........................................
34.7%
27.5%
30.8%
38.1%
9.9%
Average Median Price for Last 12 Months ........
$550,088
$639,875
$655,167
$629,556
12.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$650
MAY
$620,000
JUN JUL
MEDIAN SALES PRICE
AUG
$426
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$620 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 2017
telesproperties.com
Mid Wilshire DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$744,000
$1,100,000
$870,000
$813,750
9.4%
Average Price per Square Foot ...........................
$335
$432
$587
$508
51.6%
Properties Sold .......................................................
3
1
3
4
33.3%
Properties Pending Sale .......................................
6
5
7
5
-16.7%
Properties For Sale ................................................
17
22
26
31
82.4%
Days on Market (Pending Sale) ...........................
66
31
96
45
-31.8%
Month’s Supply of Inventory ................................
5.7
22
8.7
7.8
36.8%
Percent Under Contract ........................................
35.3%
22.7%
26.9%
16.1%
-54.3%
Average Median Price for Last 12 Months ........
$705,400
$819,042
$838,333
$836,135
15.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$744
MAY
$813,750
JUN JUL
MEDIAN SALES PRICE
AUG
$508
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$813 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 2017
telesproperties.com
Pacific Palisades DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,264,500
$3,500,000
$3,992,500
$2,947,305
30.2%
Average Price per Square Foot ...........................
$956
$1,045
$1,069
$910
-4.8%
Properties Sold .......................................................
16
19
20
20
25.0%
Properties Pending Sale .......................................
31
35
21
26
-16.1%
Properties For Sale ................................................
145
159
114
123
-15.2%
Days on Market (Pending Sale) ...........................
53
57
81
34
-35.8%
Month’s Supply of Inventory ................................
9.1
8.4
5.7
6.2
-32.1%
Percent Under Contract ........................................
21.4%
22.0%
18.4%
21.1%
-1.1%
Average Median Price for Last 12 Months ........
$2,808,073
$3,140,051
$2,776,602
$2,909,230
3.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.264
MAY
$2,947,305
JUN JUL
MEDIAN SALES PRICE
AUG
$910
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.947 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 2017
telesproperties.com
Palms - Mar Vista DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,288,875
$1,450,000
$1,409,500
$1,485,000
15.2%
Average Price per Square Foot ...........................
$758
$793
$729
$824
8.7%
Properties Sold .......................................................
30
22
20
22
-26.7%
Properties Pending Sale .......................................
36
32
13
29
-19.4%
Properties For Sale ................................................
104
91
54
96
-7.7%
Days on Market (Pending Sale) ...........................
27
26
65
34
25.9%
Month’s Supply of Inventory ................................
3.5
4.1
2.7
4.4
25.9%
Percent Under Contract ........................................
34.6%
35.2%
24.1%
30.2%
-12.7%
Average Median Price for Last 12 Months ........
$1,238,615
$1,479,917
$1,483,333
$1,410,925
12.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.288
MAY
$1,485,000
JUN JUL
MEDIAN SALES PRICE
AUG
$824
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.485 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 2017
telesproperties.com
Playa Del Rey DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,430,000
$1,338,000
$1,524,500
$1,655,000
-31.9%
Average Price per Square Foot ...........................
$517
$613
$532
$823
59.2%
Properties Sold .......................................................
1
3
2
3
200.0%
Properties Pending Sale .......................................
4
5
3
7
75.0%
Properties For Sale ................................................
17
24
15
18
5.9%
Days on Market (Pending Sale) ...........................
23
46
96
51
121.7%
Month’s Supply of Inventory ................................
17
8
7.5
6
-64.7%
Percent Under Contract ........................................
23.5%
20.8%
20.0%
38.9%
65.3%
Average Median Price for Last 12 Months ........
$1,629,877
$1,534,900
$1,702,500
$1,552,458
-5.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.430
APR MAY
$1,655,000
JUN JUL
MEDIAN SALES PRICE
AUG
$823
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.655 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 2017
telesproperties.com
Playa Vista DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,830,000
$2,100,000
$1,755,000
$2,300,000
25.7%
Average Price per Square Foot ...........................
$786
$520
$714
$647
-17.7%
Properties Sold .......................................................
1
1
3
1
0.0%
Properties Pending Sale .......................................
3
4
2
7
133.3%
Properties For Sale ................................................
8
12
10
18
125.0%
Days on Market (Pending Sale) ...........................
15
46
44
42
180.0%
Month’s Supply of Inventory ................................
8
12
3.3
0.4
-95.1%
Percent Under Contract ........................................
37.5%
33.3%
20.0%
38.9%
3.7%
Average Median Price for Last 12 Months ........
$1,221,729
$2,097,000
$2,174,000
$1,974,438
61.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.830
MAY
$2,300,000
JUN JUL
MEDIAN SALES PRICE
AUG
$647
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
0.4 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 2017
telesproperties.com
Santa Monica DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,450,000
$2,330,000
$2,876,000
$2,273,000
-7.2%
Average Price per Square Foot ...........................
$1,242
$1,015
$1,142
$1,204
-3.1%
Properties Sold .......................................................
19
14
19
24
26.3%
Properties Pending Sale .......................................
29
18
9
18
-37.9%
Properties For Sale ................................................
113
91
63
86
-23.9%
Days on Market (Pending Sale) ...........................
25
38
64
44
76.0%
Month’s Supply of Inventory ................................
5.9
6.5
3.3
3.6
-39.7%
Percent Under Contract ........................................
25.7%
19.8%
14.3%
20.9%
-18.4%
Average Median Price for Last 12 Months ........
$2,490,675
$2,322,167
$2,210,000
$2,341,919
-6.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.450
MAY
$2,273,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,204
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.273 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 2017
telesproperties.com
Sunset Strip - Hollywood Hills West DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,520,000
$1,666,001
$1,680,000
$1,680,000
10.5%
Average Price per Square Foot ...........................
$816
$824
$844
$751
-8.0%
Properties Sold .......................................................
37
21
38
34
-8.1%
Properties Pending Sale .......................................
43
36
40
32
-25.6%
Properties For Sale ................................................
304
35
311
324
6.6%
Days on Market (Pending Sale) ...........................
45
39
81
34
-24.4%
Month’s Supply of Inventory ................................
8.2
1.7
8.2
9.5
16.0%
Percent Under Contract ........................................
14.1%
102.9%
12.9%
9.9%
-30.2%
Average Median Price for Last 12 Months ........
$1,706,958
$1,736,873
$1,781,296
$1,745,672
2.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.520
MAY
$1,680,000
JUN JUL
MEDIAN SALES PRICE
AUG
$751
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
9.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.680 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 2017
telesproperties.com
Venice DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,750,000
$1,856,000
$1,511,825
$2,150,000
22.9%
Average Price per Square Foot ...........................
$1,164
$1,068
$1,025
$1,474
26.6%
Properties Sold .......................................................
15
17
10
17
13.3%
Properties Pending Sale .......................................
20
24
13
17
-15.0%
Properties For Sale ................................................
87
120
95
93
6.9%
Days on Market (Pending Sale) ...........................
74
58
39
35
-52.7%
Month’s Supply of Inventory ................................
5.8
7.1
9.5
5.5
-5.7%
Percent Under Contract ........................................
23.0%
20.0%
13.7%
18.3%
-20.5%
Average Median Price for Last 12 Months ........
$1,810,633
$1,852,054
$1,900,167
$1,844,441
1.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.750
MAY
$2,150,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,474
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.5 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 2017
telesproperties.com
West Hollywood DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,275,000
$1,679,525
$1,915,000
$1,622,500
27.3%
Average Price per Square Foot ...........................
$843
$903
$773
$952
12.9%
Properties Sold .......................................................
7
12
6
15
114.3%
Properties Pending Sale .......................................
15
10
10
12
-20.0%
Properties For Sale ................................................
63
76
65
55
-12.7%
Days on Market (Pending Sale) ...........................
31
41
58
46
48.4%
Month’s Supply of Inventory ................................
9
6.3
10.8
3.7
-59.3%
Percent Under Contract ........................................
23.8%
13.2%
15.4%
21.8%
-8.4%
Average Median Price for Last 12 Months ........
$1,447,128
$1,663,333
$1,549,000
$1,587,463
8.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.275
MAY
$1,622,500
JUN JUL
MEDIAN SALES PRICE
AUG
$952
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.622 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 2017
telesproperties.com
West Los Angeles DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,380,000
$932,500
$877,500
$1,265,000
-8.3%
Average Price per Square Foot ...........................
$649
$676
$737
$771
18.8%
Properties Sold .......................................................
9
9
6
12
33.3%
Properties Pending Sale .......................................
13
9
6
15
15.4%
Properties For Sale ................................................
39
39
28
44
12.8%
Days on Market (Pending Sale) ...........................
23
32
80
17
-26.1%
Month’s Supply of Inventory ................................
4.3
4.3
4.7
3.7
-15.4%
Percent Under Contract ........................................
33.3%
23.1%
21.4%
34.1%
2.3%
Average Median Price for Last 12 Months ........
$1,044,460
$1,069,792
$1,140,833
$1,060,250
1.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.380
MAY
$1,265,000
JUN JUL
MEDIAN SALES PRICE
AUG
$771
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.265 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 2017
telesproperties.com
Westchester DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,017,250
$1,180,000
$975,000
$1,262,500
24.1%
Average Price per Square Foot ...........................
$691
$638
$564
$670
-3.0%
Properties Sold .......................................................
20
24
19
16
-20.0%
Properties Pending Sale .......................................
30
29
24
28
-6.7%
Properties For Sale ................................................
74
103
57
92
24.3%
Days on Market (Pending Sale) ...........................
23
32
44
24
4.3%
Month’s Supply of Inventory ................................
3.7
4.3
3
5.8
55.4%
Percent Under Contract ........................................
40.5%
28.2%
42.1%
30.4%
-24.9%
Average Median Price for Last 12 Months ........
$949,494
$1,082,250
$1,131,167
$1,089,246
14.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.017
MAY
$1,262,500
JUN JUL
MEDIAN SALES PRICE
AUG
$670
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.262 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 2017
telesproperties.com
Westwood - Century City DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,735,000
$1,774,000
$1,885,000
$2,880,066
66.0%
Average Price per Square Foot ...........................
$865
$823
$838
$878
1.5%
Properties Sold .......................................................
15
26
13
12
-20.0%
Properties Pending Sale .......................................
23
21
10
20
-13.0%
Properties For Sale ................................................
84
77
50
68
-19.0%
Days on Market (Pending Sale) ...........................
48
40
41
23
-52.1%
Month’s Supply of Inventory ................................
5.6
3
3.8
5.7
1.2%
Percent Under Contract ........................................
27.4%
27.3%
20.0%
29.4%
7.4%
Average Median Price for Last 12 Months ........
$1,710,249
$1,986,678
$2,115,022
$1,978,477
15.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.735
MAY
$2,880,066
JUN JUL
MEDIAN SALES PRICE
AUG
$878
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.880 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 2017
telesproperties.com
South Bay Macro Market DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,239,190
$1,296,397
$1,478,550
$1,235,467
-0.3%
Average Price per Square Foot ...........................
$581
$617
$620
$624
7.5%
Properties Sold .......................................................
241
231
168
210
-12.9%
Properties Pending Sale .......................................
311
251
167
281
-9.6%
Properties For Sale ................................................
960
947
686
927
-3.4%
Days on Market (Pending Sale) ...........................
43
44
51
29
-33.7%
Month’s Supply of Inventory ................................
4
4.1
4.1
4.4
10.8%
Percent Under Contract ........................................
32.4%
26.5%
24.3%
30.3%
-6.4%
Average Median Price for Last 12 Months ........
$1,232,305
$1,298,391
$1,243,373
$1,299,597
5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.239
MAY
$1,235,467
JUN JUL
MEDIAN SALES PRICE
AUG
$624
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.235 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 2017
telesproperties.com
El Segundo DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,435,000
$1,249,950
$1,382,500
$1,235,000
-13.9%
Average Price per Square Foot ...........................
$576
$658
$544
$685
18.9%
Properties Sold .......................................................
3
4
6
8
166.7%
Properties Pending Sale .......................................
14
8
3
8
-42.9%
Properties For Sale ................................................
35
21
18
20
-42.9%
Days on Market (Pending Sale) ...........................
23
61
63
31
34.8%
Month’s Supply of Inventory ................................
11.7
5.2
3
2.5
-78.6%
Percent Under Contract ........................................
40.0%
38.1%
16.7%
40.0%
0.0%
Average Median Price for Last 12 Months ........
$1,128,750
$1,350,604
$1,300,375
$1,310,467
16.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.435
MAY
$1,235,000
JUN JUL
MEDIAN SALES PRICE
AUG
$685
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.235 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 2017
telesproperties.com
Hermosa Beach DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,800,000
$2,100,000
$1,887,500
$1,475,000
-18.1%
Average Price per Square Foot ...........................
$881
$1,143
$886
$923
4.8%
Properties Sold .......................................................
11
15
4
6
-45.5%
Properties Pending Sale .......................................
16
12
8
13
-18.8%
Properties For Sale ................................................
59
55
40
48
-18.6%
Days on Market (Pending Sale) ...........................
46
41
100
46
0.0%
Month’s Supply of Inventory ................................
5.4
3.7
10
8
49.2%
Percent Under Contract ........................................
27.1%
21.8%
20.0%
27.1%
-0.1%
Average Median Price for Last 12 Months ........
$1,840,990
$1,706,025
$1,600,383
$1,699,992
-7.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.800
MAY
$1,475,000
JUN JUL
MEDIAN SALES PRICE
AUG
$923
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.475 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 2017
telesproperties.com
Manhattan Beach DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,365,000
$2,250,000
$2,900,000
$2,150,000
-9.1%
Average Price per Square Foot ...........................
$969
$1,001
$1,317
$911
-6.0%
Properties Sold .......................................................
25
38
17
35
40.0%
Properties Pending Sale .......................................
32
24
20
39
21.9%
Properties For Sale ................................................
134
140
105
148
10.4%
Days on Market (Pending Sale) ...........................
41
37
44
36
-12.2%
Month’s Supply of Inventory ................................
5.4
3.7
6.2
4.2
-21.1%
Percent Under Contract ........................................
23.9%
17.1%
19.0%
26.4%
10.3%
Average Median Price for Last 12 Months ........
$2,206,083
$2,226,750
$2,140,167
$2,245,192
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.365
MAY
$2,150,000
JUN JUL
MEDIAN SALES PRICE
AUG
$911
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 2017
telesproperties.com
Palos Verdes Estates DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,770,750
$2,100,000
$2,039,500
$2,200,000
24.2%
Average Price per Square Foot ...........................
$645
$713
$663
$742
15.0%
Properties Sold .......................................................
10
9
12
19
90.0%
Properties Pending Sale .......................................
19
13
18
20
5.3%
Properties For Sale ................................................
93
83
74
95
2.2%
Days on Market (Pending Sale) ...........................
123
48
46
48
-61.0%
Month’s Supply of Inventory ................................
9.3
9.2
6.2
5
-46.2%
Percent Under Contract ........................................
20.4%
15.7%
24.3%
21.1%
3.0%
Average Median Price for Last 12 Months ........
$1,745,579
$1,847,683
$1,832,500
$1,923,219
10.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.770
MAY
$2,200,000
JUN JUL
MEDIAN SALES PRICE
AUG
$742
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.200 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 2017
telesproperties.com
Rancho Palos Verdes DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,067,500
$1,325,000
$1,236,500
$1,353,000
26.7%
Average Price per Square Foot ...........................
$501
$510
$550
$540
7.8%
Properties Sold .......................................................
32
37
22
23
-28.1%
Properties Pending Sale .......................................
42
48
21
44
4.8%
Properties For Sale ................................................
151
171
98
143
-5.3%
Days on Market (Pending Sale) ...........................
41
50
54
34
-17.1%
Month’s Supply of Inventory ................................
4.7
4.6
4.5
6.2
31.8%
Percent Under Contract ........................................
27.8%
28.1%
21.4%
30.8%
10.6%
Average Median Price for Last 12 Months ........
$1,206,007
$1,290,875
$1,287,583
$1,272,615
5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.067
MAY
$1,353,000
JUN JUL
MEDIAN SALES PRICE
AUG
$540
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.353 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 2017
telesproperties.com
Redondo Beach- North DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,000,000
$950,000
$875,000
$950,000
-5.0%
Average Price per Square Foot ...........................
$525
$645
$618
$621
18.3%
Properties Sold .......................................................
24
15
10
17
-29.2%
Properties Pending Sale .......................................
22
19
13
21
-4.5%
Properties For Sale ................................................
38
43
34
55
44.7%
Days on Market (Pending Sale) ...........................
18
22
42
12
-33.3%
Month’s Supply of Inventory ................................
1.6
2.9
3.4
3.2
104.3%
Percent Under Contract ........................................
57.9%
44.2%
38.2%
38.2%
-34.0%
Average Median Price for Last 12 Months ........
$875,694
$939,750
$915,000
$945,462
8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.000
MAY
$950,000
JUN JUL
MEDIAN SALES PRICE
AUG
$621
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$950 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 2017
telesproperties.com
Redondo Beach- South DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,200,000
$1,299,500
$1,520,000
$1,447,500
20.6%
Average Price per Square Foot ...........................
$614
$678
$758
$738
20.2%
Properties Sold .......................................................
13
14
10
10
-23.1%
Properties Pending Sale .......................................
26
17
9
13
-50.0%
Properties For Sale ................................................
60
55
36
55
-8.3%
Days on Market (Pending Sale) ...........................
20
50
32
13
-35.0%
Month’s Supply of Inventory ................................
4.6
3.9
3.6
5.5
19.2%
Percent Under Contract ........................................
43.3%
30.9%
25.0%
23.6%
-45.5%
Average Median Price for Last 12 Months ........
$1,268,021
$1,446,413
$1,421,167
$1,366,575
7.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.200
MAY
$1,447,500
JUN JUL
MEDIAN SALES PRICE
AUG
$738
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.447 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 2017
telesproperties.com
Rolling Hills DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,750,000
$2,550,000
$3,950,000
$2,195,000
-20.2%
Average Price per Square Foot ...........................
$763
$872
$776
$757
-0.8%
Properties Sold .......................................................
3
3
1
1
-66.7%
Properties Pending Sale .......................................
5
2
1
3
-40.0%
Properties For Sale ................................................
26
31
25
36
38.5%
Days on Market (Pending Sale) ...........................
116
82
116
42
-63.8%
Month’s Supply of Inventory ................................
8.7
10.3
25
36
315.4%
Percent Under Contract ........................................
19.2%
6.5%
4.0%
8.3%
-56.7%
Average Median Price for Last 12 Months ........
$2,853,888
$3,238,250
$2,562,083
$3,060,375
7.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.750
MAY
$2,195,000
JUN JUL
MEDIAN SALES PRICE
AUG
$757
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
36 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.195 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 2017
telesproperties.com
Rolling Hills Estates DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,350,000
$1,442,500
$2,300,000
$1,420,000
5.2%
Average Price per Square Foot ...........................
$608
$511
$578
$565
-7.1%
Properties Sold .......................................................
15
2
3
3
-80.0%
Properties Pending Sale .......................................
11
7
4
11
0.0%
Properties For Sale ................................................
36
36
19
38
5.6%
Days on Market (Pending Sale) ...........................
30
105
64
27
-10.0%
Month’s Supply of Inventory ................................
2.4
18
6.3
12.7
427.8%
Percent Under Contract ........................................
30.6%
19.4%
21.1%
28.9%
-5.3%
Average Median Price for Last 12 Months ........
$1,589,375
$1,601,942
$1,394,000
$1,542,885
-2.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.350
MAY
$1,420,000
JUN JUL
MEDIAN SALES PRICE
AUG
$565
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
12.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.420 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 2017
telesproperties.com
San Pedro DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$550,000
$659,000
$671,000
$585,000
6.4%
Average Price per Square Foot ...........................
$420
$377
$387
$445
6.0%
Properties Sold .......................................................
25
28
22
33
32.0%
Properties Pending Sale .......................................
43
27
32
34
-20.9%
Properties For Sale ................................................
128
119
113
112
-12.5%
Days on Market (Pending Sale) ...........................
41
49
40
44
7.3%
Month’s Supply of Inventory ................................
5.1
4.2
5.1
3.4
-33.7%
Percent Under Contract ........................................
33.6%
22.7%
28.3%
30.4%
-9.6%
Average Median Price for Last 12 Months ........
$569,151
$620,583
$616,667
$618,785
8.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$550
MAY
$585,000
JUN JUL
MEDIAN SALES PRICE
AUG
$445
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.4 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 2017
telesproperties.com
Torrance- County Strip DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$499,000
$529,000
$529,500
$450,000
-9.8%
Average Price per Square Foot ...........................
$373
$332
$346
$385
3.2%
Properties Sold .......................................................
5
4
10
2
-60.0%
Properties Pending Sale .......................................
7
8
3
9
28.6%
Properties For Sale ................................................
16
27
17
20
25.0%
Days on Market (Pending Sale) ...........................
25
22
55
23
-8.0%
Month’s Supply of Inventory ................................
3.2
6.8
1.7
10
212.5%
Percent Under Contract ........................................
43.8%
29.6%
17.6%
45.0%
2.9%
Average Median Price for Last 12 Months ........
$481,979
$506,275
$487,583
$508,858
5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$499
MAY
$450,000
JUN JUL
MEDIAN SALES PRICE
AUG
$385
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
10 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 2017
telesproperties.com
Torrance- North DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$587,000
$630,000
$655,500
$651,000
10.9%
Average Price per Square Foot ...........................
$432
$443
$413
$450
4.2%
Properties Sold .......................................................
24
17
12
21
-12.5%
Properties Pending Sale .......................................
20
26
16
11
-45.0%
Properties For Sale ................................................
49
55
32
30
-38.8%
Days on Market (Pending Sale) ...........................
26
26
40
8
-69.2%
Month’s Supply of Inventory ................................
2
3.2
2.7
1.4
-30.0%
Percent Under Contract ........................................
40.8%
47.3%
50.0%
36.7%
-10.2%
Average Median Price for Last 12 Months ........
$470,000
$635,208
$621,583
$628,635
33.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$587
MAY
$651,000
JUN JUL
MEDIAN SALES PRICE
AUG
$450
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$651 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 2017
telesproperties.com
Torrance- South DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$871,100
$822,500
$865,000
$890,500
2.2%
Average Price per Square Foot ...........................
$530
$502
$539
$539
1.7%
Properties Sold .......................................................
22
20
21
18
-18.2%
Properties Pending Sale .......................................
21
16
7
22
4.8%
Properties For Sale ................................................
44
55
31
49
11.4%
Days on Market (Pending Sale) ...........................
29
15
12
18
-37.9%
Month’s Supply of Inventory ................................
2
2.8
1.5
2.7
36.1%
Percent Under Contract ........................................
47.7%
29.1%
22.6%
44.9%
-5.9%
Average Median Price for Last 12 Months ........
$859,739
$924,355
$967,667
$896,518
4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$871
MAY
$890,500
JUN JUL
MEDIAN SALES PRICE
AUG
$539
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$890 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 2017
telesproperties.com
Torrance- Southeast DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$549,000
$691,000
$560,000
$610,000
11.1%
Average Price per Square Foot ...........................
$367
$415
$382
$489
33.2%
Properties Sold .......................................................
13
9
8
5
-61.5%
Properties Pending Sale .......................................
14
8
3
15
7.1%
Properties For Sale ................................................
50
23
18
44
-12.0%
Days on Market (Pending Sale) ...........................
47
32
21
16
-66.0%
Month’s Supply of Inventory ................................
3.8
2.6
2.2
8.8
128.8%
Percent Under Contract ........................................
28.0%
34.8%
16.7%
34.1%
21.8%
Average Median Price for Last 12 Months ........
$597,417
$647,750
$628,500
$640,558
7.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$549
MAY
$610,000
JUN JUL
MEDIAN SALES PRICE
AUG
$489
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
8.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$610 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 2017
telesproperties.com
Torrance- West DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$793,500
$847,500
$806,250
$920,000
15.9%
Average Price per Square Foot ...........................
$505
$456
$547
$573
13.5%
Properties Sold .......................................................
16
16
10
9
-43.8%
Properties Pending Sale .......................................
19
16
9
18
-5.3%
Properties For Sale ................................................
41
33
26
34
-17.1%
Days on Market (Pending Sale) ...........................
24
27
30
33
37.5%
Month’s Supply of Inventory ................................
2.6
2.1
2.6
3.8
47.4%
Percent Under Contract ........................................
46.3%
48.5%
34.6%
52.9%
14.2%
Average Median Price for Last 12 Months ........
$791,908
$836,375
$875,333
$833,827
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$793
MAY
$920,000
JUN JUL
MEDIAN SALES PRICE
AUG
$573
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 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 2017
telesproperties.com
San Fernando Valley Macro Market DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$933,375
$904,353
$999,118
$1,000,882
7.2%
Average Price per Square Foot ...........................
$433
$444
$466
$461
6.4%
Properties Sold .......................................................
31
30
22
28
-9.0%
Properties Pending Sale .......................................
38
32
25
32
-14.3%
Properties For Sale ................................................
69
83
54
61
-11.4%
Days on Market (Pending Sale) ...........................
54
62
73
64
17.8%
Month’s Supply of Inventory ................................
2.2
2.8
2.4
2.2
-2.7%
Percent Under Contract ........................................
54.9%
38.6%
46.7%
53.1%
-3.2%
Average Median Price for Last 12 Months ........
$839,923
$978,804
$999,569
$913,682
8.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$933
MAY
$1,000,882
JUN JUL
MEDIAN SALES PRICE
AUG
$461
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.2 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 2017
telesproperties.com
Agoura Hills DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$838,000
$838,000
$820,000
$1,095,000
30.7%
Average Price per Square Foot ...........................
$398
$381
$367
$369
-7.3%
Properties Sold .......................................................
27
12
14
20
-25.9%
Properties Pending Sale .......................................
23
25
16
22
-4.3%
Properties For Sale ................................................
49
62
41
47
-4.1%
Days on Market (Pending Sale) ...........................
57
84
65
71
24.6%
Month’s Supply of Inventory ................................
1.8
5.2
2.9
2.4
29.5%
Percent Under Contract ........................................
46.9%
40.3%
39.0%
46.8%
-0.3%
Average Median Price for Last 12 Months ........
$873,667
$905,000
$988,333
$886,846
1.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$838
MAY
$1,095,000
JUN JUL
MEDIAN SALES PRICE
AUG
$369
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.095 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 2017
telesproperties.com
Burbank DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$753,000
$770,000
$815,000
$729,000
-3.2%
Average Price per Square Foot ...........................
$465
$481
$493
$491
5.6%
Properties Sold .......................................................
47
50
39
48
2.1%
Properties Pending Sale .......................................
72
48
41
52
-27.8%
Properties For Sale ................................................
97
94
54
74
-23.7%
Days on Market (Pending Sale) ...........................
68
45
56
34
-50.0%
Month’s Supply of Inventory ................................
2.1
1.9
1.4
1.5
-25.3%
Percent Under Contract ........................................
74.2%
51.1%
75.9%
70.3%
-5.3%
Average Median Price for Last 12 Months ........
$712,583
$760,167
$737,333
$753,077
5.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$753
MAY
$729,000
JUN JUL
MEDIAN SALES PRICE
AUG
$491
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$729 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 2017
telesproperties.com
Calabasas DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,428,000
$1,318,000
$1,503,000
$1,060,000
-25.8%
Average Price per Square Foot ...........................
$420
$442
$437
$475
13.1%
Properties Sold .......................................................
30
29
8
23
-23.3%
Properties Pending Sale .......................................
32
17
13
28
-12.5%
Properties For Sale ................................................
92
107
75
88
-4.3%
Days on Market (Pending Sale) ...........................
59
79
93
77
30.5%
Month’s Supply of Inventory ................................
3.1
3.7
9.4
3.8
24.8%
Percent Under Contract ........................................
34.8%
15.9%
17.3%
31.8%
-8.5%
Average Median Price for Last 12 Months ........
$1,347,750
$1,305,000
$1,315,667
$1,393,000
3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.428
MAY
$1,060,000
JUN JUL
MEDIAN SALES PRICE
AUG
$475
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.060 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 2017
telesproperties.com
Encino DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,225,000
$920,000
$1,605,000
$1,300,000
6.1%
Average Price per Square Foot ...........................
$520
$473
$502
$487
-6.3%
Properties Sold .......................................................
34
31
32
29
-14.7%
Properties Pending Sale .......................................
63
46
28
50
-20.6%
Properties For Sale ................................................
120
136
99
102
-15.0%
Days on Market (Pending Sale) ...........................
51
70
89
81
58.8%
Month’s Supply of Inventory ................................
3.5
4.4
3.1
3.5
-0.3%
Percent Under Contract ........................................
52.5%
33.8%
28.3%
49.0%
-6.6%
Average Median Price for Last 12 Months ........
$1,168,750
$1,321,333
$1,154,000
$1,254,462
7.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.225
MAY
$1,300,000
JUN JUL
MEDIAN SALES PRICE
AUG
$487
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.300 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 2017
telesproperties.com
Glendale DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$850,000
$859,000
$899,000
$888,000
4.5%
Average Price per Square Foot ...........................
$505
$432
$458
$472
-6.5%
Properties Sold .......................................................
49
59
65
71
44.9%
Properties Pending Sale .......................................
58
67
50
79
36.2%
Properties For Sale ................................................
80
118
70
78
-2.5%
Days on Market (Pending Sale) ...........................
46
42
49
45
-2.2%
Month’s Supply of Inventory ................................
1.7
2.5
1.7
1.6
-5.8%
Percent Under Contract ........................................
59.6%
43.3%
67.6%
72.5%
21.6%
Average Median Price for Last 12 Months ........
$812,917
$881,500
$879,000
$871,083
7.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$877
MAY
$888,000
JUN JUL
MEDIAN SALES PRICE
AUG
$472
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$850 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 2017
telesproperties.com
La Crescenta DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$770,000
$785,000
$898,000
$840,000
9.1%
Average Price per Square Foot ...........................
$495
$484
$538
$497
0.4%
Properties Sold .......................................................
11
21
10
21
90.9%
Properties Pending Sale .......................................
24
21
10
17
-29.2%
Properties For Sale ................................................
29
28
17
22
-24.1%
Days on Market (Pending Sale) ...........................
57
56
60
53
-7.0%
Month’s Supply of Inventory ................................
2.6
1.3
1.7
1
-60.3%
Percent Under Contract ........................................
82.8%
75.0%
58.8%
77.3%
-6.6%
Average Median Price for Last 12 Months ........
$760,667
$818,500
$827,333
$813,385
6.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$770
MAY
$840,000
JUN JUL
MEDIAN SALES PRICE
AUG
$497
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1 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 2017
telesproperties.com
North Hollywood DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$497,000
$513,000
$570,000
$568,000
14.3%
Average Price per Square Foot ...........................
$358
$447
$416
$406
13.4%
Properties Sold .......................................................
46
29
29
26
-43.5%
Properties Pending Sale .......................................
43
31
30
45
4.7%
Properties For Sale ................................................
51
73
42
52
2.0%
Days on Market (Pending Sale) ...........................
54
66
79
56
3.7%
Month’s Supply of Inventory ................................
1.1
2.5
1.4
2
80.4%
Percent Under Contract ........................................
84.3%
42.5%
71.4%
86.5%
2.6%
Average Median Price for Last 12 Months ........
$506,833
$558,167
$545,333
$534,154
5.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$497
MAY
$568,000
JUN JUL
MEDIAN SALES PRICE
AUG
$406
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$568 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 2017
telesproperties.com
Shadow Hills DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$753,000
$610,000
$667,000
$1,142,000
51.7%
Average Price per Square Foot ...........................
$247
$365
$508
$322
30.4%
Properties Sold .......................................................
4
5
3
6
50.0%
Properties Pending Sale .......................................
7
4
5
3
-57.1%
Properties For Sale ................................................
9
15
13
12
33.3%
Days on Market (Pending Sale) ...........................
86
76
67
122
41.9%
Month’s Supply of Inventory ................................
2.2
3
4.3
2
-11.1%
Percent Under Contract ........................................
77.8%
26.7%
38.5%
25.0%
-67.9%
Average Median Price for Last 12 Months ........
$752,750
$825,167
$925,667
$748,077
-0.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$753
MAY
$1,142,000
JUN JUL
MEDIAN SALES PRICE
AUG
$322
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2 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 2017
telesproperties.com
Sherman Oaks DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,240,000
$1,225,000
$994,000
$1,125,000
-9.3%
Average Price per Square Foot ...........................
$468
$507
$502
$515
10.0%
Properties Sold .......................................................
63
59
38
47
-25.4%
Properties Pending Sale .......................................
70
57
62
50
-28.6%
Properties For Sale ................................................
149
163
104
106
-28.9%
Days on Market (Pending Sale) ...........................
57
61
72
70
22.8%
Month’s Supply of Inventory ................................
2.4
2.8
2.7
2.3
-4.6%
Percent Under Contract ........................................
47.0%
35.0%
59.6%
47.2%
0.4%
Average Median Price for Last 12 Months ........
$1,008,917
$1,144,333
$1,188,333
$1,163,000
15.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.240
MAY
$1,125,000
JUN JUL
MEDIAN SALES PRICE
AUG
$515
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.125 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 2017
telesproperties.com
Studio City DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,328,000
$1,359,000
$1,483,000
$1,526,000
14.9%
Average Price per Square Foot ...........................
$536
$590
$629
$606
13.1%
Properties Sold .......................................................
28
30
18
31
10.7%
Properties Pending Sale .......................................
32
38
19
33
3.1%
Properties For Sale ................................................
73
81
67
73
0.0%
Days on Market (Pending Sale) ...........................
54
66
115
59
9.3%
Month’s Supply of Inventory ................................
2.6
2.7
3.7
2.4
-9.7%
Percent Under Contract ........................................
43.8%
46.9%
28.4%
45.2%
3.1%
Average Median Price for Last 12 Months ........
$1,342,500
$1,425,167
$1,488,667
$1,432,923
6.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.328
MAY
$1,526,000
JUN JUL
MEDIAN SALES PRICE
AUG
$606
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.526 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 2017
telesproperties.com
Sun Valley DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$443,000
$483,000
$525,000
$523,000
18.1%
Average Price per Square Foot ...........................
$320
$365
$361
$417
30.3%
Properties Sold .......................................................
18
16
13
12
-33.3%
Properties Pending Sale .......................................
24
15
18
18
-25.0%
Properties For Sale ................................................
28
27
18
20
-28.6%
Days on Market (Pending Sale) ...........................
41
31
46
37
-9.8%
Month’s Supply of Inventory ................................
1.6
1.7
1.4
1.7
7.1%
Percent Under Contract ........................................
85.7%
55.6%
100.0%
90.0%
5.0%
Average Median Price for Last 12 Months ........
$451,000
$503,333
$496,667
$487,923
8.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$443
MAY
$523,000
JUN JUL
MEDIAN SALES PRICE
AUG
$417
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$523 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 2017
telesproperties.com
Sunland/Tujunga DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$525,000
$565,000
$548,000
$664,000
26.5%
Average Price per Square Foot ...........................
$366
$375
$367
$329
-10.1%
Properties Sold .......................................................
45
33
26
16
-64.4%
Properties Pending Sale .......................................
39
29
30
13
-66.7%
Properties For Sale ................................................
49
76
37
19
-61.2%
Days on Market (Pending Sale) ...........................
62
53
72
62
0.0%
Month’s Supply of Inventory ................................
1.1
2.3
1.4
1.2
9.1%
Percent Under Contract ........................................
79.6%
38.2%
81.1%
68.4%
-14.0%
Average Median Price for Last 12 Months ........
$505,583
$593,833
$617,667
$573,077
13.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$525
MAY
$664,000
JUN JUL
MEDIAN SALES PRICE
AUG
$329
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$664 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 2017
telesproperties.com
Tarzana DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,044,000
$1,059,000
$1,038,000
$1,065,000
2.0%
Average Price per Square Foot ...........................
$428
$356
$405
$361
-15.7%
Properties Sold .......................................................
24
18
16
21
-12.5%
Properties Pending Sale .......................................
28
30
35
22
-21.4%
Properties For Sale ................................................
68
93
49
70
2.9%
Days on Market (Pending Sale) ...........................
42
73
102
51
21.4%
Month’s Supply of Inventory ................................
2.8
5.2
3.1
3.3
17.6%
Percent Under Contract ........................................
41.2%
32.3%
71.4%
31.4%
-23.7%
Average Median Price for Last 12 Months ........
$909,417
$1,064,833
$1,047,667
$1,040,615
14.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.044
MAY
$1,065,000
JUN JUL
MEDIAN SALES PRICE
AUG
$361
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.065 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 2017
telesproperties.com
Toluca Lake DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,280,000
$1,087,000
$1,521,000
$1,890,000
47.7%
Average Price per Square Foot ...........................
$612
$578
$541
$722
18.0%
Properties Sold .......................................................
7
5
6
3
-57.1%
Properties Pending Sale .......................................
5
7
3
3
-40.0%
Properties For Sale ................................................
12
20
18
14
16.7%
Days on Market (Pending Sale) ...........................
37
43
67
70
89.2%
Month’s Supply of Inventory ................................
1.7
4
3
4.7
172.2%
Percent Under Contract ........................................
41.7%
35.0%
16.7%
21.4%
-48.6%
Average Median Price for Last 12 Months ........
$1,201,833
$1,567,000
$1,644,333
$1,396,846
16.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.280
MAY
$1,890,000
JUN JUL
MEDIAN SALES PRICE
AUG
$722
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.890 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 2017
telesproperties.com
Valley Village DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$910,000
$765,000
$1,079,000
$850,000
-6.6%
Average Price per Square Foot ...........................
$506
$440
$474
$508
0.4%
Properties Sold .......................................................
13
14
12
13
0.0%
Properties Pending Sale .......................................
23
18
12
16
-30.4%
Properties For Sale ................................................
32
45
22
22
-31.2%
Days on Market (Pending Sale) ...........................
39
74
61
81
107.7%
Month’s Supply of Inventory ................................
2.5
3.2
1.8
1.7
-31.2%
Percent Under Contract ........................................
71.9%
40.0%
54.5%
72.7%
1.2%
Average Median Price for Last 12 Months ........
$873,083
$894,500
$847,667
$903,615
3.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$910
MAY
$850,000
JUN JUL
MEDIAN SALES PRICE
AUG
$508
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$850 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 2017
telesproperties.com
Westlake Village DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,100,000
$1,443,000
$1,265,000
$999,000
-9.2%
Average Price per Square Foot ...........................
$426
$454
$598
$461
8.2%
Properties Sold .......................................................
33
30
10
27
-18.2%
Properties Pending Sale .......................................
34
33
18
34
0.0%
Properties For Sale ................................................
99
105
86
98
-1.0%
Days on Market (Pending Sale) ...........................
56
76
72
63
12.5%
Month’s Supply of Inventory ................................
3
3.5
8.6
3.6
21.0%
Percent Under Contract ........................................
34.3%
31.4%
20.9%
34.7%
1.0%
Average Median Price for Last 12 Months ........
$1,101,333
$1,195,667
$1,286,333
$1,231,538
11.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.100
MAY
$999,000
JUN JUL
MEDIAN SALES PRICE
AUG
$461
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$999 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 2017
telesproperties.com
Woodland Hills DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$800,000
$775,000
$755,000
$789,000
-1.4%
Average Price per Square Foot ...........................
$370
$370
$325
$371
0.3%
Properties Sold .......................................................
59
61
42
81
37.3%
Properties Pending Sale .......................................
84
62
42
85
1.2%
Properties For Sale ................................................
142
175
113
135
-4.9%
Days on Market (Pending Sale) ...........................
50
59
78
56
12.0%
Month’s Supply of Inventory ................................
2.4
2.9
2.7
1.7
-30.8%
Percent Under Contract ........................................
59.2%
35.4%
37.2%
63.0%
6.4%
Average Median Price for Last 12 Months ........
$752,083
$882,500
$1,015,333
$819,308
8.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$800
MAY
$789,000
JUN JUL
MEDIAN SALES PRICE
AUG
$371
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.7 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 2017
telesproperties.com
San Gabriel Valley Macro Market DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,094,500
$1,041,083
$1,209,917
$1,022,833
-6.5%
Average Price per Square Foot ...........................
$535
$530
$513
$542
1.3%
Properties Sold .......................................................
28
23
17
19
-31.1%
Properties Pending Sale .......................................
28
27
19
27
-3.3%
Properties For Sale ................................................
65
66
49
57
-13.5%
Days on Market (Pending Sale) ...........................
60
56
68
48
-19.9%
Month’s Supply of Inventory ................................
2.4
2.9
3
3
25.6%
Percent Under Contract ........................................
42.3%
39.9%
38.9%
47.3%
11.8%
Average Median Price for Last 12 Months ........
$1,004,236
$1,071,514
$1,056,250
$1,047,455
4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.094
MAY
$1,022,833
JUN JUL
MEDIAN SALES PRICE
AUG
$542
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.022 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 2017
telesproperties.com
Alhambra DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$539,000
$665,000
$646,000
$622,000
15.4%
Average Price per Square Foot ...........................
$425
$418
$449
$412
-3.1%
Properties Sold .......................................................
26
21
10
18
-30.8%
Properties Pending Sale .......................................
25
25
12
18
-28.0%
Properties For Sale ................................................
39
47
38
19
-51.3%
Days on Market (Pending Sale) ...........................
74
55
25
75
1.4%
Month’s Supply of Inventory ................................
1.5
2.2
3.8
1.1
-29.6%
Percent Under Contract ........................................
64.1%
53.2%
31.6%
94.7%
47.8%
Average Median Price for Last 12 Months ........
$571,417
$641,167
$628,667
$626,846
9.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$539
MAY
$622,000
JUN JUL
MEDIAN SALES PRICE
AUG
$412
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$622 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 2017
telesproperties.com
Altadena DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$708,000
$705,000
$791,000
$880,000
24.3%
Average Price per Square Foot ...........................
$449
$440
$471
$456
1.6%
Properties Sold .......................................................
42
30
23
25
-40.5%
Properties Pending Sale .......................................
30
29
30
38
26.7%
Properties For Sale ................................................
71
56
36
43
-39.4%
Days on Market (Pending Sale) ...........................
53
60
67
40
-24.5%
Month’s Supply of Inventory ................................
1.7
1.9
1.6
1.7
1.7%
Percent Under Contract ........................................
42.3%
51.8%
83.3%
88.4%
109.1%
Average Median Price for Last 12 Months ........
$704,667
$810,167
$806,667
$763,385
8.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$708
MAY
$880,000
JUN JUL
MEDIAN SALES PRICE
AUG
$456
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$880 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 2017
telesproperties.com
Arcadia DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,126,000
$1,120,000
$2,041,000
$1,204,000
6.9%
Average Price per Square Foot ...........................
$530
$537
$575
$588
10.9%
Properties Sold .......................................................
42
41
30
32
-23.8%
Properties Pending Sale .......................................
37
40
29
39
5.4%
Properties For Sale ................................................
190
199
175
208
9.5%
Days on Market (Pending Sale) ...........................
66
61
76
39
-40.9%
Month’s Supply of Inventory ................................
4.5
4.9
5.8
6.5
43.7%
Percent Under Contract ........................................
19.5%
20.1%
16.6%
18.8%
-3.7%
Average Median Price for Last 12 Months ........
$1,270,417
$1,327,333
$1,172,333
$1,278,538
0.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.126
MAY
$1,204,000
JUN JUL
MEDIAN SALES PRICE
AUG
$588
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.204 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 2017
telesproperties.com
Duarte DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$495,000
$475,000
$525,000
$440,000
-11.1%
Average Price per Square Foot ...........................
$372
$374
$302
$352
-5.4%
Properties Sold .......................................................
17
17
5
9
-47.1%
Properties Pending Sale .......................................
18
25
10
15
-16.7%
Properties For Sale ................................................
26
30
22
24
-7.7%
Days on Market (Pending Sale) ...........................
86
36
88
40
-53.5%
Month’s Supply of Inventory ................................
1.5
1.8
4.4
2.7
74.4%
Percent Under Contract ........................................
69.2%
83.3%
45.5%
62.5%
-9.7%
Average Median Price for Last 12 Months ........
$457,167
$478,500
$454,333
$479,231
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$495
MAY
$440,000
JUN JUL
MEDIAN SALES PRICE
AUG
$352
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$440 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 2017
telesproperties.com
Eagle Rock DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$750,000
$852,000
$908,000
$670,000
-10.7%
Average Price per Square Foot ...........................
$504
$463
$443
$532
5.6%
Properties Sold .......................................................
16
20
10
6
-62.5%
Properties Pending Sale .......................................
26
15
11
8
-69.2%
Properties For Sale ................................................
30
26
20
15
-50.0%
Days on Market (Pending Sale) ...........................
36
49
105
23
-36.1%
Month’s Supply of Inventory ................................
1.9
1.3
2
2.5
33.3%
Percent Under Contract ........................................
86.7%
57.7%
55.0%
53.3%
-38.5%
Average Median Price for Last 12 Months ........
$718,083
$786,000
$716,000
$786,615
9.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$750
MAY
$670,000
JUN JUL
MEDIAN SALES PRICE
AUG
$532
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$670 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 2017
telesproperties.com
La Canada Flintridge DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,700,000
$2,149,000
$2,375,000
$1,856,000
9.2%
Average Price per Square Foot ...........................
$634
$619
$594
$654
3.2%
Properties Sold .......................................................
25
15
12
14
-44.0%
Properties Pending Sale .......................................
17
19
16
18
5.9%
Properties For Sale ................................................
59
49
37
55
-6.8%
Days on Market (Pending Sale) ...........................
55
51
71
47
-14.5%
Month’s Supply of Inventory ................................
2.4
3.3
3.1
3.9
66.5%
Percent Under Contract ........................................
28.8%
38.8%
43.2%
32.7%
13.6%
Average Median Price for Last 12 Months ........
$1,596,167
$1,791,500
$1,737,000
$1,765,231
10.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.700
MAY
$1,856,000
JUN JUL
MEDIAN SALES PRICE
AUG
$654
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.856 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 2017
telesproperties.com
Monrovia DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$652,000
$635,000
$689,000
$735,000
12.7%
Average Price per Square Foot ...........................
$422
$423
$436
$482
14.2%
Properties Sold .......................................................
27
23
20
14
-48.1%
Properties Pending Sale .......................................
26
26
19
25
-3.8%
Properties For Sale ................................................
51
50
36
31
-39.2%
Days on Market (Pending Sale) ...........................
59
48
67
50
-15.3%
Month’s Supply of Inventory ................................
1.9
2.2
1.8
2.2
17.2%
Percent Under Contract ........................................
51.0%
52.0%
52.8%
80.6%
58.2%
Average Median Price for Last 12 Months ........
$635,500
$671,667
$691,333
$652,231
2.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$652
MAY
$735,000
JUN JUL
MEDIAN SALES PRICE
AUG
$482
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$735 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 2017
telesproperties.com
Pasadena DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$851,000
$935,000
$759,000
$884,000
3.9%
Average Price per Square Foot ...........................
$516
$545
$531
$600
16.3%
Properties Sold .......................................................
73
67
40
65
-11.0%
Properties Pending Sale .......................................
82
81
67
100
22.0%
Properties For Sale ................................................
194
205
137
173
-10.8%
Days on Market (Pending Sale) ...........................
58
63
62
36
-37.9%
Month’s Supply of Inventory ................................
2.7
3.1
3.4
2.7
0.2%
Percent Under Contract ........................................
42.3%
39.5%
48.9%
57.8%
36.8%
Average Median Price for Last 12 Months ........
$807,083
$824,000
$844,667
$847,846
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$851
MAY
$884,000
JUN JUL
MEDIAN SALES PRICE
AUG
$600
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$884 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 2017
telesproperties.com
San Gabriel DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$650,000
$660,000
$696,000
$748,000
15.1%
Average Price per Square Foot ...........................
$443
$494
$454
$477
7.7%
Properties Sold .......................................................
26
17
24
23
-11.5%
Properties Pending Sale .......................................
34
26
15
30
-11.8%
Properties For Sale ................................................
51
56
31
37
-27.5%
Days on Market (Pending Sale) ...........................
72
42
81
40
-44.4%
Month’s Supply of Inventory ................................
2
3.3
1.3
1.6
-18.0%
Percent Under Contract ........................................
66.7%
46.4%
48.4%
81.1%
21.6%
Average Median Price for Last 12 Months ........
$735,417
$775,500
$779,667
$726,231
-1.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$650
MAY
$748,000
JUN JUL
MEDIAN SALES PRICE
AUG
$477
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$748 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 2017
telesproperties.com
San Marino DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$3,125,000
$1,924,000
$2,445,000
$1,840,000
-41.1%
Average Price per Square Foot ...........................
$966
$830
$931
$804
-16.8%
Properties Sold .......................................................
20
10
12
4
-80.0%
Properties Pending Sale .......................................
14
10
6
13
-7.1%
Properties For Sale ................................................
34
39
33
44
29.4%
Days on Market (Pending Sale) ...........................
63
62
64
38
-39.7%
Month’s Supply of Inventory ................................
1.7
3.9
2.8
11
547.1%
Percent Under Contract ........................................
41.2%
25.6%
18.2%
29.5%
-28.2%
Average Median Price for Last 12 Months ........
$2,320,333
$2,323,000
$2,340,000
$2,286,077
-1.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $3.125
APR MAY
$1,840,000
JUN JUL
MEDIAN SALES PRICE
AUG
$804
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
11 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.840 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 2017
telesproperties.com
Sierra Madre DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$988,000
$1,075,000
$1,300,000
$1,100,000
11.3%
Average Price per Square Foot ...........................
$520
$587
$425
$536
3.1%
Properties Sold .......................................................
9
8
7
9
0.0%
Properties Pending Sale .......................................
13
9
9
2
-84.6%
Properties For Sale ................................................
20
16
15
23
15.0%
Days on Market (Pending Sale) ...........................
47
41
46
90
91.5%
Month’s Supply of Inventory ................................
2.2
2
2.1
2.6
15.0%
Percent Under Contract ........................................
65.0%
56.2%
60.0%
8.7%
-86.6%
Average Median Price for Last 12 Months ........
$1,002,250
$1,056,667
$1,046,000
$1,020,692
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$988
MAY
$1,100,000
JUN JUL
MEDIAN SALES PRICE
AUG
$536
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.6 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 2017
telesproperties.com
South Pasadena DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,550,000
$1,298,000
$1,344,000
$1,295,000
-16.5%
Average Price per Square Foot ...........................
$637
$627
$544
$611
-4.1%
Properties Sold .......................................................
11
7
6
11
0.0%
Properties Pending Sale .......................................
10
13
6
15
50.0%
Properties For Sale ................................................
20
23
11
7
-65.0%
Days on Market (Pending Sale) ...........................
46
109
65
55
19.6%
Month’s Supply of Inventory ................................
1.8
3.3
1.8
0.6
-65.0%
Percent Under Contract ........................................
50.0%
56.5%
54.5%
214.3%
328.6%
Average Median Price for Last 12 Months ........
$1,232,333
$1,372,667
$1,458,333
$1,336,538
8.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.550
MAY
$1,295,000
JUN JUL
MEDIAN SALES PRICE
AUG
$611
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
0.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.295 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 2017
telesproperties.com
Orange County
Orange County Macro
Ladera Ranch
San Clemente
Aliso Viejo
Laguna Beach
San Juan Capistrano
Balboa Peninsula
Laguna Hills
Shady Canyon
Corona del Mar - Spyglass
Laguna Niguel
Turtle Ridge
Coto de Caza
Laguna Woods
Turtle Rock
Crystal Cove
Lower Newport Bay - Balboa Island
Westminster
Dana Point
Mission Viejo
West Bay - Santa Ana Heights
East Bluff - Harbor View
Nelle Gail
West Newport - Lido
East Costa Mesa
Newport Beach
Fountain Valley
Newport Coast
Huntington Beach
Newport Heights
Irvine
Rancho Santa Margarita
Micro Market Report : April 2017
telesproperties.com
County: ORANGE Area: 948 SQ MILES Founded: 1889
Micro Market Report : April 2017
telesproperties.com
Orange County DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$730,000
$745,000
$735,000
$770,000
5.5%
Average Price per Square Foot ...........................
$420
$430
$434
$448
6.7%
Properties Sold .......................................................
1704
1599
1132
1623
-4.8%
Properties Pending Sale .......................................
2068
1623
1317
1982
-4.2%
Properties For Sale ................................................
6,802
6,691
4,966
6,375
-6.3%
Days on Market (Pending Sale) ...........................
47
57
57
40
-14.9%
Month’s Supply of Inventory ................................
4
4.2
4.4
3.9
-1.6%
Percent Under Contract ........................................
30.4%
24.3%
26.5%
31.1%
2.3%
Average Median Price for Last 12 Months ........
$705,958
$745,658
$756,333
$741,342
5.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$730
MAY
$770,000
JUN JUL
MEDIAN SALES PRICE
AUG
$448
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.9 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 2017
telesproperties.com
Aliso Viejo DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$710,000
$827,500
$855,000
$869,000
22.4%
Average Price per Square Foot ...........................
$379
$353
$359
$369
-2.6%
Properties Sold .......................................................
24
17
11
15
-37.5%
Properties Pending Sale .......................................
34
19
13
29
-14.7%
Properties For Sale ................................................
86
57
42
68
-20.9%
Days on Market (Pending Sale) ...........................
41
49
42
26
-36.6%
Month’s Supply of Inventory ................................
3.6
3.4
3.8
4.5
26.5%
Percent Under Contract ........................................
39.5%
33.3%
31.0%
42.6%
7.9%
Average Median Price for Last 12 Months ........
$744,563
$788,325
$783,983
$786,573
5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$710
MAY
$869,000
JUN JUL
MEDIAN SALES PRICE
AUG
$369
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$869 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 2017
telesproperties.com
Balboa Peninsula DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$4,350,000
$4,000,001
$2,499,500
$2,800,000
-35.6%
Average Price per Square Foot ...........................
$1,754
$1,295
$1,474
$1,163
-33.7%
Properties Sold .......................................................
3
3
8
10
233.3%
Properties Pending Sale .......................................
6
2
5
11
83.3%
Properties For Sale ................................................
57
44
39
45
-21.1%
Days on Market (Pending Sale) ...........................
60
8
97
91
51.7%
Month’s Supply of Inventory ................................
19
14.7
4.9
4.5
-76.3%
Percent Under Contract ........................................
10.5%
4.5%
12.8%
24.4%
132.2%
Average Median Price for Last 12 Months ........
$2,822,083
$3,127,000
$3,533,333
$3,752,077
33.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $4.350
APR MAY
$2,800,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,163
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.800 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 2017
telesproperties.com
Corona del Mar - Spyglass DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,515,000
$3,150,000
$3,199,230
$2,535,000
0.8%
Average Price per Square Foot ...........................
$1,072
$1,140
$988
$1,077
0.5%
Properties Sold .......................................................
10
11
9
10
0.0%
Properties Pending Sale .......................................
18
10
11
11
-38.9%
Properties For Sale ................................................
91
79
66
84
-7.7%
Days on Market (Pending Sale) ...........................
103
68
81
55
-46.6%
Month’s Supply of Inventory ................................
9.1
7.2
7.3
8.4
-7.7%
Percent Under Contract ........................................
19.8%
12.7%
16.7%
13.1%
-33.8%
Average Median Price for Last 12 Months ........
$2,736,500
$2,753,122
$2,684,833
$2,827,595
3.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.515
MAY
$2,535,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,077
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
8.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.535 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 2017
telesproperties.com
Coto de Caza DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$954,000
$1,265,000
$1,230,000
$1,060,000
11.1%
Average Price per Square Foot ...........................
$327
$355
$353
$362
10.7%
Properties Sold .......................................................
22
19
17
17
-22.7%
Properties Pending Sale .......................................
39
13
24
34
-12.8%
Properties For Sale ................................................
164
14
93
143
-12.8%
Days on Market (Pending Sale) ...........................
59
89
78
61
3.4%
Month’s Supply of Inventory ................................
7.5
0.7
5.5
8.4
12.8%
Percent Under Contract ........................................
23.8%
92.9%
25.8%
23.8%
-0.0%
Average Median Price for Last 12 Months ........
$1,153,156
$1,122,083
$1,076,667
$1,154,156
0.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$954
MAY
$1,060,000
JUN JUL
MEDIAN SALES PRICE
AUG
$362
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
8.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.060 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 2017
telesproperties.com
Crystal Cove DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$4,990,000
$7,700,000
$0
$8,600,000
72.3%
Average Price per Square Foot ...........................
$856
$1,406
$0
$1,286
50.2%
Properties Sold .......................................................
3
1
0
3
0.0%
Properties Pending Sale .......................................
3
4
2
6
100.0%
Properties For Sale ................................................
23
27
21
30
30.4%
Days on Market (Pending Sale) ...........................
74
76
44
49
-33.8%
Month’s Supply of Inventory ................................
7.7
27
n/a
10
30.4%
Percent Under Contract ........................................
13.0%
14.8%
9.5%
20.0%
53.3%
Average Median Price for Last 12 Months ........
$7,368,449
$7,735,000
$8,100,000
$7,173,775
-2.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$4.990
MAY
$8,600,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,286
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
10 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$8.600 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 2017
telesproperties.com
Dana Point DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$950,138
$849,000
$1,020,000
$1,160,000
22.1%
Average Price per Square Foot ...........................
$666
$632
$581
$588
-11.7%
Properties Sold .......................................................
34
27
16
33
-2.9%
Properties Pending Sale .......................................
35
29
29
23
-34.3%
Properties For Sale ................................................
185
191
144
171
-7.6%
Days on Market (Pending Sale) ...........................
53
68
100
77
45.3%
Month’s Supply of Inventory ................................
5.4
7.1
9
5.2
-4.8%
Percent Under Contract ........................................
18.9%
15.2%
20.1%
13.5%
-28.9%
Average Median Price for Last 12 Months ........
$1,039,182
$998,500
$1,036,167
$994,838
-4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$950
MAY
$1,160,000
JUN JUL
MEDIAN SALES PRICE
AUG
$588
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.160 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 2017
telesproperties.com
East Bluff - Harbor View DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,820,000
$1,893,500
$1,972,500
$1,725,000
-5.2%
Average Price per Square Foot ...........................
$735
$732
$740
$743
1.1%
Properties Sold .......................................................
27
18
10
15
-44.4%
Properties Pending Sale .......................................
26
16
10
20
-23.1%
Properties For Sale ................................................
99
109
75
114
15.2%
Days on Market (Pending Sale) ...........................
52
67
91
55
5.8%
Month’s Supply of Inventory ................................
3.7
6.1
7.5
7.6
107.3%
Percent Under Contract ........................................
26.3%
14.7%
13.3%
17.5%
-33.2%
Average Median Price for Last 12 Months ........
$1,841,150
$1,935,000
$2,045,833
$1,887,932
2.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.820
MAY
$1,725,000
JUN JUL
MEDIAN SALES PRICE
AUG
$743
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.725 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 2017
telesproperties.com
East Costa Mesa DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$949,000
$936,250
$1,023,000
$995,000
4.8%
Average Price per Square Foot ...........................
$601
$523
$524
$551
-8.3%
Properties Sold .......................................................
7
16
7
11
57.1%
Properties Pending Sale .......................................
10
13
17
15
50.0%
Properties For Sale ................................................
59
59
49
60
1.7%
Days on Market (Pending Sale) ...........................
53
47
43
37
-30.2%
Month’s Supply of Inventory ................................
8.4
3.7
7
5.5
-35.3%
Percent Under Contract ........................................
16.9%
22.0%
34.7%
25.0%
47.5%
Average Median Price for Last 12 Months ........
$954,712
$1,043,750
$1,023,167
$1,021,719
7.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$949
MAY
$995,000
JUN JUL
MEDIAN SALES PRICE
AUG
$551
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$995 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 2017
telesproperties.com
Fountain Valley DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$739,500
$752,000
$735,500
$827,500
11.9%
Average Price per Square Foot ...........................
$360
$367
$365
$395
9.7%
Properties Sold .......................................................
32
22
22
32
0.0%
Properties Pending Sale .......................................
39
22
19
30
-23.1%
Properties For Sale ................................................
72
70
51
64
-11.1%
Days on Market (Pending Sale) ...........................
37
25
30
21
-43.2%
Month’s Supply of Inventory ................................
2.2
3.2
2.3
2
-11.1%
Percent Under Contract ........................................
54.2%
31.4%
37.3%
46.9%
-13.5%
Average Median Price for Last 12 Months ........
$720,575
$786,117
$800,417
$764,131
6.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$739
MAY
$827,500
JUN JUL
MEDIAN SALES PRICE
AUG
$395
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$827 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 2017
telesproperties.com
Huntington Beach DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$805,000
$860,000
$820,000
$800,000
-0.6%
Average Price per Square Foot ...........................
$444
$455
$456
$476
7.2%
Properties Sold .......................................................
115
107
55
87
-24.3%
Properties Pending Sale .......................................
112
110
75
117
4.5%
Properties For Sale ................................................
385
324
242
295
-23.4%
Days on Market (Pending Sale) ...........................
61
46
41
39
-36.1%
Month’s Supply of Inventory ................................
3.3
3
4.4
3.4
1.3%
Percent Under Contract ........................................
29.1%
34.0%
31.0%
39.7%
36.3%
Average Median Price for Last 12 Months ........
$801,583
$803,917
$803,667
$814,500
1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$805
MAY
$800,000
JUN JUL
MEDIAN SALES PRICE
AUG
$476
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.4 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 2017
telesproperties.com
Irvine DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$950,000
$1,075,000
$1,080,000
$1,052,500
10.8%
Average Price per Square Foot ...........................
$441
$460
$479
$530
20.2%
Properties Sold .......................................................
87
84
66
94
8.0%
Properties Pending Sale .......................................
110
102
72
136
23.6%
Properties For Sale ................................................
413
441
328
430
4.1%
Days on Market (Pending Sale) ...........................
44
63
53
39
-11.4%
Month’s Supply of Inventory ................................
4.7
5.2
5
4.6
-3.6%
Percent Under Contract ........................................
26.6%
23.1%
22.0%
31.6%
18.7%
Average Median Price for Last 12 Months ........
$975,179
$1,094,933
$1,110,833
$1,068,836
9.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$950
MAY
$1,052,500
JUN JUL
MEDIAN SALES PRICE
AUG
$530
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.052 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 2017
telesproperties.com
Ladera Ranch DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$850,000
$835,000
$895,000
$1,010,000
18.8%
Average Price per Square Foot ...........................
$342
$330
$342
$358
4.7%
Properties Sold .......................................................
46
25
10
30
-34.8%
Properties Pending Sale .......................................
33
25
19
24
-27.3%
Properties For Sale ................................................
118
107
74
114
-3.4%
Days on Market (Pending Sale) ...........................
44
71
51
33
-25.0%
Month’s Supply of Inventory ................................
2.6
4.3
7.4
3.8
48.1%
Percent Under Contract ........................................
28.0%
23.4%
25.7%
21.1%
-24.7%
Average Median Price for Last 12 Months ........
$849,942
$898,750
$938,333
$895,308
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$850
MAY
$1,010,000
JUN JUL
MEDIAN SALES PRICE
AUG
$358
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.010 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 2017
telesproperties.com
Laguna Beach DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,675,000
$1,900,000
$1,929,500
$2,942,500
75.7%
Average Price per Square Foot ...........................
$986
$1,072
$912
$1,154
17.0%
Properties Sold .......................................................
26
26
25
22
-15.4%
Properties Pending Sale .......................................
36
29
26
36
0.0%
Properties For Sale ................................................
274
256
183
243
-11.3%
Days on Market (Pending Sale) ...........................
95
90
161
67
-29.5%
Month’s Supply of Inventory ................................
10.5
9.8
7.3
11
4.8%
Percent Under Contract ........................................
13.1%
11.3%
14.2%
14.8%
12.8%
Average Median Price for Last 12 Months ........
$2,013,300
$2,246,349
$2,549,531
$2,008,661
-0.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.675
MAY
$2,942,500
JUN JUL
MEDIAN SALES PRICE
AUG
$1,154
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
11 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.942 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 2017
telesproperties.com
Laguna Niguel DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$915,000
$860,000
$876,500
$952,750
4.1%
Average Price per Square Foot ...........................
$409
$416
$398
$410
0.2%
Properties Sold .......................................................
61
59
34
54
-11.5%
Properties Pending Sale .......................................
74
52
43
78
5.4%
Properties For Sale ................................................
265
253
180
255
-3.8%
Days on Market (Pending Sale) ...........................
47
64
85
41
-12.8%
Month’s Supply of Inventory ................................
4.3
4.3
5.3
4.7
8.7%
Percent Under Contract ........................................
27.9%
20.6%
23.9%
30.6%
9.5%
Average Median Price for Last 12 Months ........
$859,354
$900,283
$953,400
$891,477
3.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$915
MAY
$952,750
JUN JUL
MEDIAN SALES PRICE
AUG
$410
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.7 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 2017
telesproperties.com
Laguna Hills DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$717,500
$929,950
$870,000
$847,500
18.1%
Average Price per Square Foot ...........................
$354
$377
$392
$351
-0.8%
Properties Sold .......................................................
25
18
19
17
-32.0%
Properties Pending Sale .......................................
25
21
10
25
0.0%
Properties For Sale ................................................
116
109
67
112
-3.4%
Days on Market (Pending Sale) ...........................
61
74
67
34
-44.3%
Month’s Supply of Inventory ................................
4.6
6.1
3.5
6.6
42.0%
Percent Under Contract ........................................
21.6%
19.3%
14.9%
22.3%
3.6%
Average Median Price for Last 12 Months ........
$795,998
$799,943
$799,252
$824,124
3.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$717
MAY
$847,500
JUN JUL
MEDIAN SALES PRICE
AUG
$351
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.6 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 2017
telesproperties.com
Laguna Woods DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$0
$0
$0
$0
n/a
Average Price per Square Foot ...........................
$0
$0
$0
$0
n/a
Properties Sold .......................................................
0
0
0
0
n/a
Properties Pending Sale .......................................
0
0
0
0
n/a
Properties For Sale ................................................
0
1
0
0
n/a
Days on Market (Pending Sale) ...........................
0
0
0
0
n/a
Month’s Supply of Inventory ................................
n/a
n/a
n/a
n/a
n/a
Percent Under Contract ........................................
n/a
0.0%
n/a
n/a
n/a
Average Median Price for Last 12 Months ........
$194,333
n/a
n/a
$910,000
368.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro 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
n/a 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 2017
telesproperties.com
Lantern Village in Dana Point DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$777,000
$779,500
$715,000
$1,072,500
38.0%
Average Price per Square Foot ...........................
$482
$458
$794
$504
4.6%
Properties Sold .......................................................
4
6
1
8
100.0%
Properties Pending Sale .......................................
2
6
3
2
0.0%
Properties For Sale ................................................
19
22
19
15
-21.1%
Days on Market (Pending Sale) ...........................
70
46
46
164
134.3%
Month’s Supply of Inventory ................................
4.8
3.7
19
1.9
-60.5%
Percent Under Contract ........................................
10.5%
27.3%
15.8%
13.3%
26.7%
Average Median Price for Last 12 Months ........
$910,458
$916,167
$997,500
$922,731
1.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$777
MAY
$1,072,500
JUN JUL
MEDIAN SALES PRICE
AUG
$504
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.072 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 2017
telesproperties.com
Lower Newport Bay - Balboa Island DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$3,125,000
$3,835,000
$2,450,000
$4,614,000
47.6%
Average Price per Square Foot ...........................
$1,306
$1,860
$1,127
$1,875
43.6%
Properties Sold .......................................................
5
5
2
2
-60.0%
Properties Pending Sale .......................................
4
6
8
5
25.0%
Properties For Sale ................................................
28
34
30
30
7.1%
Days on Market (Pending Sale) ...........................
176
46
70
110
-37.5%
Month’s Supply of Inventory ................................
5.6
6.8
15
15
167.9%
Percent Under Contract ........................................
14.3%
17.6%
26.7%
16.7%
16.7%
Average Median Price for Last 12 Months ........
$3,345,083
$3,274,967
$3,706,600
$3,238,446
-3.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$3.125
MAY
$4,614,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,875
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
15 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$4.614 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 2017
telesproperties.com
Mission Viejo DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$670,000
$687,500
$709,200
$737,000
10.0%
Average Price per Square Foot ...........................
$351
$359
$355
$359
2.3%
Properties Sold .......................................................
80
84
62
86
7.5%
Properties Pending Sale .......................................
113
73
75
101
-10.6%
Properties For Sale ................................................
284
256
203
270
-4.9%
Days on Market (Pending Sale) ...........................
40
47
55
31
-22.5%
Month’s Supply of Inventory ................................
3.6
3
3.3
3.1
-11.6%
Percent Under Contract ........................................
39.8%
28.5%
36.9%
37.4%
-6.0%
Average Median Price for Last 12 Months ........
$668,888
$714,742
$728,417
$700,919
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$670
MAY
$737,000
JUN JUL
MEDIAN SALES PRICE
AUG
$359
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$737 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 2017
telesproperties.com
Monarch Beach DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,250,000
$2,357,875
$1,700,000
$1,400,000
-37.8%
Average Price per Square Foot ...........................
$965
$807
$689
$639
-33.8%
Properties Sold .......................................................
11
6
6
15
36.4%
Properties Pending Sale .......................................
12
12
11
10
-16.7%
Properties For Sale ................................................
92
90
68
86
-6.5%
Days on Market (Pending Sale) ...........................
48
87
125
57
18.8%
Month’s Supply of Inventory ................................
8.4
15
11.3
5.7
-31.4%
Percent Under Contract ........................................
13.0%
13.3%
16.2%
11.6%
-10.9%
Average Median Price for Last 12 Months ........
$1,716,010
$1,796,667
$2,009,167
$1,813,875
5.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.250
APR MAY
$1,400,000
JUN JUL
MEDIAN SALES PRICE
AUG
$639
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.400 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 2017
telesproperties.com
Nelle Gail DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$717,500
$929,950
$975,000
$898,700
25.3%
Average Price per Square Foot ...........................
$353
$377
$395
$351
-0.6%
Properties Sold .......................................................
23
18
18
16
-30.4%
Properties Pending Sale .......................................
25
19
64
24
-4.0%
Properties For Sale ................................................
115
106
64
111
-3.5%
Days on Market (Pending Sale) ...........................
61
67
67
29
-52.5%
Month’s Supply of Inventory ................................
5
5.9
3.6
6.9
38.8%
Percent Under Contract ........................................
21.7%
17.9%
100.0%
21.6%
-0.5%
Average Median Price for Last 12 Months ........
$802,041
$828,938
$822,243
$840,021
4.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$717
MAY
$898,700
JUN JUL
MEDIAN SALES PRICE
AUG
$351
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$898 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 2017
telesproperties.com
Newport Beach DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,925,000
$1,860,000
$1,957,500
$2,100,000
9.1%
Average Price per Square Foot ...........................
$862
$923
$903
$919
6.6%
Properties Sold .......................................................
62
47
44
51
-17.7%
Properties Pending Sale .......................................
57
54
39
61
7.0%
Properties For Sale ................................................
353
364
275
342
-3.1%
Days on Market (Pending Sale) ...........................
70
78
69
70
0.0%
Month’s Supply of Inventory ................................
5.7
7.7
6.2
6.7
17.8%
Percent Under Contract ........................................
16.1%
14.8%
14.2%
17.8%
10.5%
Average Median Price for Last 12 Months ........
$1,949,688
$2,116,667
$2,249,167
$2,024,485
3.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.925
MAY
$2,100,000
JUN JUL
MEDIAN SALES PRICE
AUG
$919
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.100 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 2017
telesproperties.com
Newport Coast DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,350,000
$2,300,000
$3,090,000
$3,337,500
42.0%
Average Price per Square Foot ...........................
$722
$785
$866
$996
38.0%
Properties Sold .......................................................
14
12
8
14
0.0%
Properties Pending Sale .......................................
17
19
13
26
52.9%
Properties For Sale ................................................
113
121
100
125
10.6%
Days on Market (Pending Sale) ...........................
68
97
56
111
63.2%
Month’s Supply of Inventory ................................
8.1
10.1
12.5
8.9
10.6%
Percent Under Contract ........................................
15.0%
15.7%
13.0%
20.8%
38.3%
Average Median Price for Last 12 Months ........
$3,045,380
$3,083,521
$3,417,500
$2,997,010
-1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.350
MAY
$3,337,500
JUN JUL
MEDIAN SALES PRICE
AUG
$996
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
8.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$3.337 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 2017
telesproperties.com
Newport Heights DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,354,500
$1,816,875
$1,420,000
$1,950,000
44.0%
Average Price per Square Foot ...........................
$713
$578
$624
$707
-0.8%
Properties Sold .......................................................
4
2
7
8
100.0%
Properties Pending Sale .......................................
2
4
4
4
100.0%
Properties For Sale ................................................
42
47
28
32
-23.8%
Days on Market (Pending Sale) ...........................
48
161
54
91
89.6%
Month’s Supply of Inventory ................................
10.5
23.5
4
4
-61.9%
Percent Under Contract ........................................
4.8%
8.5%
14.3%
12.5%
162.5%
Average Median Price for Last 12 Months ........
$1,545,792
$1,827,500
$2,141,667
$1,928,135
24.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.354
MAY
$1,950,000
JUN JUL
MEDIAN SALES PRICE
AUG
$707
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.950 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 2017
telesproperties.com
Rancho Santa Margarita DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$765,000
$725,000
$720,000
$710,000
-7.2%
Average Price per Square Foot ...........................
$314
$339
$337
$352
12.1%
Properties Sold .......................................................
43
43
35
43
0.0%
Properties Pending Sale .......................................
57
48
31
62
8.8%
Properties For Sale ................................................
133
156
74
137
3.0%
Days on Market (Pending Sale) ...........................
44
61
35
23
-47.7%
Month’s Supply of Inventory ................................
3.1
3.6
2.1
3.2
3.0%
Percent Under Contract ........................................
42.9%
30.8%
41.9%
45.3%
5.6%
Average Median Price for Last 12 Months ........
$698,771
$723,333
$723,333
$728,077
4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$765
MAY
$710,000
JUN JUL
MEDIAN SALES PRICE
AUG
$352
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$710 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 2017
telesproperties.com
San Clemente DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$900,000
$945,000
$927,500
$1,083,000
20.3%
Average Price per Square Foot ...........................
$405
$443
$390
$467
15.3%
Properties Sold .......................................................
82
61
34
55
-32.9%
Properties Pending Sale .......................................
85
60
48
85
0.0%
Properties For Sale ................................................
338
295
219
309
-8.6%
Days on Market (Pending Sale) ...........................
62
89
50
60
-3.2%
Month’s Supply of Inventory ................................
4.1
4.8
6.4
5.6
36.3%
Percent Under Contract ........................................
25.1%
20.3%
21.9%
27.5%
9.4%
Average Median Price for Last 12 Months ........
$915,020
$944,158
$955,817
$935,313
2.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$900
MAY
$1,083,000
JUN JUL
MEDIAN SALES PRICE
AUG
$467
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.083 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 2017
telesproperties.com
San Juan Capistrano DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,060,000
$925,000
$712,500
$1,065,000
0.5%
Average Price per Square Foot ...........................
$329
$364
$368
$376
14.3%
Properties Sold .......................................................
19
33
24
34
78.9%
Properties Pending Sale .......................................
33
29
27
38
15.2%
Properties For Sale ................................................
183
183
127
172
-6.0%
Days on Market (Pending Sale) ...........................
61
103
61
65
6.6%
Month’s Supply of Inventory ................................
9.6
5.5
5.3
5.1
-47.5%
Percent Under Contract ........................................
18.0%
15.8%
21.3%
22.1%
22.5%
Average Median Price for Last 12 Months ........
$974,543
$937,583
$967,667
$947,750
-2.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.060
MAY
$1,065,000
JUN JUL
MEDIAN SALES PRICE
AUG
$376
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.065 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 2017
telesproperties.com
Shady Canyon DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,290,000
$1,680,000
$1,700,000
$2,266,310
75.7%
Average Price per Square Foot ...........................
$519
$671
$588
$747
43.9%
Properties Sold .......................................................
10
9
13
13
30.0%
Properties Pending Sale .......................................
19
9
9
22
15.8%
Properties For Sale ................................................
88
102
78
88
0.0%
Days on Market (Pending Sale) ...........................
78
107
101
63
-19.2%
Month’s Supply of Inventory ................................
8.8
11.3
6
6.8
-23.1%
Percent Under Contract ........................................
21.6%
8.8%
11.5%
25.0%
15.8%
Average Median Price for Last 12 Months ........
$1,937,350
$1,866,302
$2,017,937
$1,848,793
-4.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.290
MAY
$2,266,310
JUN JUL
MEDIAN SALES PRICE
AUG
$747
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.266 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 2017
telesproperties.com
Turtle Ridge DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$0
$2,925,000
$1,622,500
$2,266,310
n/a
Average Price per Square Foot ...........................
$0
$800
$627
$727
n/a
Properties Sold .......................................................
0
2
2
5
n/a
Properties Pending Sale .......................................
4
1
3
4
0.0%
Properties For Sale ................................................
19
23
25
24
26.3%
Days on Market (Pending Sale) ...........................
68
244
62
93
36.8%
Month’s Supply of Inventory ................................
n/a
11.5
12.5
4.8
n/a
Percent Under Contract ........................................
21.1%
4.3%
12.0%
16.7%
-20.8%
Average Median Price for Last 12 Months ........
$2,101,667
$2,112,362
$2,230,437
$2,371,860
12.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR MAY
$2,266,310
JUN JUL
MEDIAN SALES PRICE
AUG
$727
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.266 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 2017
telesproperties.com
Turtle Rock DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,325,000
$1,520,000
$1,510,000
$2,277,500
71.9%
Average Price per Square Foot ...........................
$523
$600
$596
$802
53.3%
Properties Sold .......................................................
7
8
7
6
-14.3%
Properties Pending Sale .......................................
12
9
7
18
50.0%
Properties For Sale ................................................
53
69
45
52
-1.9%
Days on Market (Pending Sale) ...........................
77
83
109
56
-27.3%
Month’s Supply of Inventory ................................
7.6
8.6
6.4
8.7
14.5%
Percent Under Contract ........................................
22.6%
13.0%
15.6%
34.6%
52.9%
Average Median Price for Last 12 Months ........
$1,753,300
$1,776,250
$1,970,833
$1,700,615
-3.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.325
MAY
$2,277,500
JUN JUL
MEDIAN SALES PRICE
AUG
$802
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
8.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.277 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 2017
telesproperties.com
Westminster DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$581,000
$610,000
$620,000
$645,000
11.0%
Average Price per Square Foot ...........................
$369
$343
$355
$384
4.1%
Properties Sold .......................................................
26
29
19
22
-15.4%
Properties Pending Sale .......................................
50
35
19
33
-34.0%
Properties For Sale ................................................
92
92
59
83
-9.8%
Days on Market (Pending Sale) ...........................
34
40
30
18
-47.1%
Month’s Supply of Inventory ................................
3.5
3.2
3.1
3.8
6.6%
Percent Under Contract ........................................
54.3%
38.0%
32.2%
39.8%
-26.8%
Average Median Price for Last 12 Months ........
$568,579
$616,417
$622,167
$612,500
7.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$581
MAY
$645,000
JUN JUL
MEDIAN SALES PRICE
AUG
$384
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 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 2017
telesproperties.com
West Bay - Santa Ana Heights DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,800,000
$1,520,000
$1,613,750
$1,572,500
-12.6%
Average Price per Square Foot ...........................
$609
$623
$705
$657
7.9%
Properties Sold .......................................................
13
12
10
10
-23.1%
Properties Pending Sale .......................................
11
8
10
10
-9.1%
Properties For Sale ................................................
70
56
52
58
-17.1%
Days on Market (Pending Sale) ...........................
42
53
43
55
31.0%
Month’s Supply of Inventory ................................
5.4
4.7
5.2
5.8
7.7%
Percent Under Contract ........................................
15.7%
14.3%
19.2%
17.2%
9.7%
Average Median Price for Last 12 Months ........
$1,628,250
$1,623,292
$1,553,167
$1,602,404
-1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.800
MAY
$1,572,500
JUN JUL
MEDIAN SALES PRICE
AUG
$657
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.572 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 2017
telesproperties.com
West Newport - Lido DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,350,000
$1,919,000
$1,365,000
$3,050,000
29.8%
Average Price per Square Foot ...........................
$1,275
$1,131
$1,192
$1,369
7.4%
Properties Sold .......................................................
9
7
7
6
-33.3%
Properties Pending Sale .......................................
8
18
1
10
25.0%
Properties For Sale ................................................
57
74
49
61
7.0%
Days on Market (Pending Sale) ...........................
125
99
79
70
-44.0%
Month’s Supply of Inventory ................................
6.3
10.6
7
10.2
60.5%
Percent Under Contract ........................................
14.0%
24.3%
2.0%
16.4%
16.8%
Average Median Price for Last 12 Months ........
$2,305,875
$2,647,500
$3,205,833
$2,645,500
14.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.350
MAY
$3,050,000
JUN JUL
MEDIAN SALES PRICE
AUG
$1,369
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
10.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$3.050 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 2017
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 2017
telesproperties.com
County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850
Micro Market Report : April 2017
telesproperties.com
Carpinteria DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$856,000
$956,250
$807,000
$1,425,000
66.5%
Average Price per Square Foot ...........................
$555
$644
$590
$890
60.4%
Properties Sold .......................................................
4
8
4
5
25.0%
Properties Pending Sale .......................................
9
8
4
10
11.1%
Properties For Sale ................................................
36
48
40
43
19.4%
Days on Market (Pending Sale) ...........................
77
82
116
28
-63.6%
Month’s Supply of Inventory ................................
9
6
10
8.6
-4.4%
Percent Under Contract ........................................
25.0%
16.7%
10.0%
23.3%
-7.0%
Average Median Price for Last 12 Months ........
$1,014,404
$1,139,250
$1,361,500
$1,048,981
3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$856
MAY
$1,425,000
JUN JUL
MEDIAN SALES PRICE
AUG
$890
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
8.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.425 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 2017
telesproperties.com
Goleta DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$847,500
$769,750
$815,000
$817,500
-3.5%
Average Price per Square Foot ...........................
$564
$477
$431
$506
-10.3%
Properties Sold .......................................................
10
8
9
14
40.0%
Properties Pending Sale .......................................
10
18
13
11
10.0%
Properties For Sale ................................................
38
53
28
35
-7.9%
Days on Market (Pending Sale) ...........................
45
32
69
26
-42.2%
Month’s Supply of Inventory ................................
3.8
6.6
3.1
2.5
-34.2%
Percent Under Contract ........................................
26.3%
34.0%
46.4%
31.4%
19.4%
Average Median Price for Last 12 Months ........
$810,937
$812,396
$822,042
$840,856
3.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$847
MAY
$817,500
JUN JUL
MEDIAN SALES PRICE
AUG
$506
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$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 2017
telesproperties.com
Hope Ranch DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$5,175,000
$1,500,000
$2,600,000
$1,833,258
-64.6%
Average Price per Square Foot ...........................
$1,166
$755
$696
$737
-36.8%
Properties Sold .......................................................
1
1
7
1
0.0%
Properties Pending Sale .......................................
6
3
4
1
-83.3%
Properties For Sale ................................................
32
42
39
42
31.2%
Days on Market (Pending Sale) ...........................
159
153
146
56
-64.8%
Month’s Supply of Inventory ................................
32
42
5.6
42
31.2%
Percent Under Contract ........................................
18.8%
7.1%
10.3%
2.4%
-87.3%
Average Median Price for Last 12 Months ........
$3,453,510
$2,932,152
$2,689,419
$2,957,147
-14.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $5.175
APR MAY
$1,833,258
JUN JUL
MEDIAN SALES PRICE
AUG
$737
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
42 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.833 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 2017
telesproperties.com
Montecito DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$3,350,000
$2,660,000
$4,500,000
$2,405,000
-28.2%
Average Price per Square Foot ...........................
$844
$948
$751
$972
15.2%
Properties Sold .......................................................
15
13
9
17
13.3%
Properties Pending Sale .......................................
20
19
15
29
45.0%
Properties For Sale ................................................
188
191
174
205
9.0%
Days on Market (Pending Sale) ...........................
122
117
100
106
-13.1%
Month’s Supply of Inventory ................................
12.5
14.7
19.3
12.1
-3.8%
Percent Under Contract ........................................
10.6%
9.9%
8.6%
14.1%
33.0%
Average Median Price for Last 12 Months ........
$3,122,500
$2,974,250
$2,672,667
$2,853,115
-8.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $3.350
APR MAY
$2,405,000
JUN JUL
MEDIAN SALES PRICE
AUG
$972
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
12.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.405 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 2017
telesproperties.com
Santa Barbara East of State DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,291,250
$1,147,500
$1,134,342
$1,325,000
2.6%
Average Price per Square Foot ...........................
$697
$707
$636
$704
1.0%
Properties Sold .......................................................
46
28
22
33
-28.3%
Properties Pending Sale .......................................
35
27
20
30
-14.3%
Properties For Sale ................................................
130
158
115
130
0.0%
Days on Market (Pending Sale) ...........................
45
71
53
28
-37.8%
Month’s Supply of Inventory ................................
2.8
5.6
5.2
3.9
39.4%
Percent Under Contract ........................................
26.9%
17.1%
17.4%
23.1%
-14.3%
Average Median Price for Last 12 Months ........
$1,307,750
$1,386,445
$1,517,500
$1,311,330
0.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.291
MAY
$1,325,000
JUN JUL
MEDIAN SALES PRICE
AUG
$704
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.325 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 2017
telesproperties.com
Santa Barbara West of State DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$976,500
$1,092,500
$945,898
$1,047,000
7.2%
Average Price per Square Foot ...........................
$647
$776
$642
$716
10.7%
Properties Sold .......................................................
16
13
10
20
25.0%
Properties Pending Sale .......................................
23
17
17
26
13.0%
Properties For Sale ................................................
79
94
75
85
7.6%
Days on Market (Pending Sale) ...........................
41
51
52
37
-9.8%
Month’s Supply of Inventory ................................
4.9
7.2
7.5
4.2
-13.9%
Percent Under Contract ........................................
29.1%
18.1%
22.7%
30.6%
5.1%
Average Median Price for Last 12 Months ........
$1,084,360
$1,120,233
$1,145,333
$1,082,954
-0.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$976
MAY
$1,047,000
JUN JUL
MEDIAN SALES PRICE
AUG
$716
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.047 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 2017
telesproperties.com
Santa Ynez DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$635,000
$657,500
$754,000
$950,000
49.6%
Average Price per Square Foot ...........................
$439
$537
$454
$456
3.9%
Properties Sold .......................................................
9
16
10
23
155.6%
Properties Pending Sale .......................................
25
14
13
17
-32.0%
Properties For Sale ................................................
170
146
131
141
-17.1%
Days on Market (Pending Sale) ...........................
91
137
145
110
20.9%
Month’s Supply of Inventory ................................
18.9
9.1
13.1
6.1
-67.5%
Percent Under Contract ........................................
14.7%
9.6%
9.9%
12.1%
-18.0%
Average Median Price for Last 12 Months ........
$753,229
$852,194
$957,891
$806,320
7.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$635
MAY
$950,000
JUN JUL
MEDIAN SALES PRICE
AUG
$456
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$950 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 2017
telesproperties.com
Monterey County
Carmel
Pacific Grove
Carmel Valley
Pebble Beach
Marina
Salinas
Monterey
Seaside
Micro Market Report : April 2017
telesproperties.com
County: MONTEREY Area: 3,771 SQ MILES Founded: 1850
Micro Market Report : April 2017
telesproperties.com
Carmel DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,775,000
$1,287,500
$1,510,000
$1,415,000
-20.3%
Average Price per Square Foot ...........................
$979
$889
$899
$841
-14.1%
Properties Sold .......................................................
25
24
24
25
0.0%
Properties Pending Sale .......................................
32
25
18
19
-40.6%
Properties For Sale ................................................
153
184
146
156
2.0%
Days on Market (Pending Sale) ...........................
82
87
117
99
20.7%
Month’s Supply of Inventory ................................
6.1
7.7
6.1
6.2
2.0%
Percent Under Contract ........................................
20.9%
13.6%
12.3%
12.2%
-41.8%
Average Median Price for Last 12 Months ........
$1,415,042
$1,520,000
$1,455,000
$1,492,308
5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.775
APR MAY
$1,415,000
JUN JUL
MEDIAN SALES PRICE
AUG
$841
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.415 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 2017
telesproperties.com
Carmel Valley DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$975,000
$1,225,000
$805,000
$1,280,000
31.3%
Average Price per Square Foot ...........................
$463
$524
$407
$459
-0.9%
Properties Sold .......................................................
9
4
3
10
11.1%
Properties Pending Sale .......................................
15
11
8
10
-33.3%
Properties For Sale ................................................
76
71
54
58
-23.7%
Days on Market (Pending Sale) ...........................
97
82
90
48
-50.5%
Month’s Supply of Inventory ................................
8.4
17.8
18
5.8
-31.3%
Percent Under Contract ........................................
19.7%
15.5%
14.8%
17.2%
-12.6%
Average Median Price for Last 12 Months ........
$907,858
$1,177,833
$1,154,000
$1,127,846
24.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$975
MAY
$1,280,000
JUN JUL
MEDIAN SALES PRICE
AUG
$459
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.8 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 2017
telesproperties.com
Marina DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$460,000
$505,500
$549,000
$505,000
9.8%
Average Price per Square Foot ...........................
$319
$326
$327
$328
2.8%
Properties Sold .......................................................
9
14
7
11
22.2%
Properties Pending Sale .......................................
15
7
6
15
0.0%
Properties For Sale ................................................
30
31
32
37
23.3%
Days on Market (Pending Sale) ...........................
30
40
50
61
103.3%
Month’s Supply of Inventory ................................
3.3
2.2
4.6
3.4
0.9%
Percent Under Contract ........................................
50.0%
22.6%
18.8%
40.5%
-18.9%
Average Median Price for Last 12 Months ........
$457,913
$511,243
$510,487
$500,689
9.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$460
MAY
$505,000
JUN JUL
MEDIAN SALES PRICE
AUG
$328
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$505 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 2017
telesproperties.com
Monterey DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$797,500
$689,850
$766,500
$780,000
-2.2%
Average Price per Square Foot ...........................
$464
$427
$461
$440
-5.2%
Properties Sold .......................................................
18
14
16
16
-11.1%
Properties Pending Sale .......................................
24
14
12
27
12.5%
Properties For Sale ................................................
85
88
63
85
0.0%
Days on Market (Pending Sale) ...........................
69
38
80
67
-2.9%
Month’s Supply of Inventory ................................
4.7
6.3
3.9
5.3
12.5%
Percent Under Contract ........................................
28.2%
15.9%
19.0%
31.8%
12.5%
Average Median Price for Last 12 Months ........
$711,604
$760,625
$763,333
$770,623
8.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$797
MAY
$780,000
JUN JUL
MEDIAN SALES PRICE
AUG
$440
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$780 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 2017
telesproperties.com
Pacific Grove DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$792,500
$970,000
$995,000
$1,100,000
38.8%
Average Price per Square Foot ...........................
$566
$552
$734
$728
28.6%
Properties Sold .......................................................
16
7
9
9
-43.8%
Properties Pending Sale .......................................
18
14
15
21
16.7%
Properties For Sale ................................................
62
66
42
54
-12.9%
Days on Market (Pending Sale) ...........................
37
54
133
28
-24.3%
Month’s Supply of Inventory ................................
3.9
9.4
4.7
6
54.8%
Percent Under Contract ........................................
29.0%
21.2%
35.7%
38.9%
34.0%
Average Median Price for Last 12 Months ........
$809,833
$980,167
$1,071,333
$924,731
14.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$792
MAY
$1,100,000
JUN JUL
MEDIAN SALES PRICE
AUG
$728
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6 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 2017
telesproperties.com
Pebble Beach DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,295,000
$2,200,000
$1,797,500
$1,665,000
28.6%
Average Price per Square Foot ...........................
$562
$1,332
$580
$660
17.4%
Properties Sold .......................................................
11
7
6
7
-36.4%
Properties Pending Sale .......................................
8
9
3
11
37.5%
Properties For Sale ................................................
76
86
74
90
18.4%
Days on Market (Pending Sale) ...........................
51
101
177
110
115.7%
Month’s Supply of Inventory ................................
6.9
12.3
12.3
12.9
86.1%
Percent Under Contract ........................................
10.5%
10.5%
4.1%
12.2%
16.1%
Average Median Price for Last 12 Months ........
$1,596,000
$1,674,833
$1,398,833
$1,674,923
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.295
MAY
$1,665,000
JUN JUL
MEDIAN SALES PRICE
AUG
$660
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
12.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.665 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 2017
telesproperties.com
Salinas DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$432,000
$460,500
$467,000
$519,000
20.1%
Average Price per Square Foot ...........................
$274
$278
$304
$294
7.3%
Properties Sold .......................................................
50
60
36
40
-20.0%
Properties Pending Sale .......................................
73
64
37
54
-26.0%
Properties For Sale ................................................
206
209
159
165
-19.9%
Days on Market (Pending Sale) ...........................
45
60
64
49
8.9%
Month’s Supply of Inventory ................................
4.1
3.5
4.4
4.1
0.1%
Percent Under Contract ........................................
35.4%
30.6%
23.3%
32.7%
-7.6%
Average Median Price for Last 12 Months ........
$418,385
$463,500
$478,000
$465,808
11.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$432
MAY
$519,000
JUN JUL
MEDIAN SALES PRICE
AUG
$294
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$519 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 2017
telesproperties.com
Seaside DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$418,500
$450,000
$480,000
$490,000
17.1%
Average Price per Square Foot ...........................
$361
$366
$402
$393
8.9%
Properties Sold .......................................................
18
16
9
19
5.6%
Properties Pending Sale .......................................
16
17
12
22
37.5%
Properties For Sale ................................................
42
45
42
52
23.8%
Days on Market (Pending Sale) ...........................
27
56
40
40
48.1%
Month’s Supply of Inventory ................................
2.3
2.8
4.7
2.7
17.3%
Percent Under Contract ........................................
38.1%
37.8%
28.6%
42.3%
11.1%
Average Median Price for Last 12 Months ........
$431,188
$479,667
$502,667
$468,219
8.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$418
MAY
$490,000
JUN JUL
MEDIAN SALES PRICE
AUG
$393
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$490 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 2017
telesproperties.com
San Diego County
San Diego Macro
La Mesa
Carlsbad
Lemon Grove
Carmel Valley
National City
Chula Vista
Oceanside
Coronado
Poway
Del Mar
Rancho Bernardo
El Cajon
San Marcos
Encinitas
Santee
Escondido
Solana Beach
Imperial Beach
Vista
La Jolla
Micro Market Report : April 2017
telesproperties.com
County: SAN DIEGO Area: 4,526 SQ MILES Founded: 1850
Micro Market Report : April 2017
telesproperties.com
San Diego County DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$562,500
$580,000
$556,500
$598,000
6.3%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
2193
1960
1360
2007
-8.5%
Properties Pending Sale .......................................
2628
2069
1889
2368
-9.9%
Properties For Sale ................................................
7,950
7,879
6,238
6,779
-14.7%
Days on Market (Pending Sale) ...........................
38
44
45
34
-10.5%
Month’s Supply of Inventory ................................
3.6
4
4.6
3.4
-6.8%
Percent Under Contract ........................................
33.1%
26.3%
30.3%
34.9%
5.7%
Average Median Price for Last 12 Months ........
$537,417
$571,255
$579,343
$569,464
5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$562
MAY
$598,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$598 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 2017
telesproperties.com
Bay Park/Old Town/Midway District DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$690,000
$710,000
$796,000
$725,000
5.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
9
9
5
10
11.1%
Properties Pending Sale .......................................
13
12
5
6
-53.8%
Properties For Sale ................................................
30
31
24
26
-13.3%
Days on Market (Pending Sale) ...........................
41
57
25
9
-78.0%
Month’s Supply of Inventory ................................
3.3
3.4
4.8
2.6
-22.0%
Percent Under Contract ........................................
43.3%
38.7%
20.8%
23.1%
-46.7%
Average Median Price for Last 12 Months ........
$693,375
$753,833
$747,167
$755,565
8.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$690
MAY
$725,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$725 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 2017
telesproperties.com
Carlsbad DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$823,000
$850,500
$860,000
$990,000
20.3%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
105
96
65
105
0.0%
Properties Pending Sale .......................................
124
78
80
126
1.6%
Properties For Sale ................................................
339
323
273
317
-6.5%
Days on Market (Pending Sale) ...........................
28
41
51
34
21.4%
Month’s Supply of Inventory ................................
3.2
3.4
4.2
3
-6.5%
Percent Under Contract ........................................
36.6%
24.1%
29.3%
39.7%
8.7%
Average Median Price for Last 12 Months ........
$833,475
$888,833
$925,667
$885,385
5.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$823
MAY
$990,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$990 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 2017
telesproperties.com
Carmel Valley DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,085,000
$1,075,000
$1,332,500
$1,168,500
7.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
53
41
28
30
-43.4%
Properties Pending Sale .......................................
50
37
46
55
10.0%
Properties For Sale ................................................
196
149
122
160
-18.4%
Days on Market (Pending Sale) ...........................
35
45
48
29
-17.1%
Month’s Supply of Inventory ................................
3.7
3.6
4.4
5.3
44.2%
Percent Under Contract ........................................
25.5%
24.8%
37.7%
34.4%
34.8%
Average Median Price for Last 12 Months ........
$1,135,537
$1,208,000
$1,233,667
$1,174,115
3.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.085
MAY
$1,168,500
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.168 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 2017
telesproperties.com
Chula Vista DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$519,500
$530,000
$513,750
$510,000
-1.8%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
157
156
106
137
-12.7%
Properties Pending Sale .......................................
215
154
129
159
-26.0%
Properties For Sale ................................................
482
472
356
408
-15.4%
Days on Market (Pending Sale) ...........................
36
45
37
37
2.8%
Month’s Supply of Inventory ................................
3.1
3
3.4
3
-3.0%
Percent Under Contract ........................................
44.6%
32.6%
36.2%
39.0%
-12.6%
Average Median Price for Last 12 Months ........
$490,065
$514,604
$518,000
$514,060
4.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$519
MAY
$510,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$510 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 2017
telesproperties.com
Clairemont/Bay Ho/Bay Park DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$572,500
$600,000
$600,000
$621,000
8.5%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
45
31
25
37
-17.8%
Properties Pending Sale .......................................
50
39
30
41
-18.0%
Properties For Sale ................................................
111
88
59
75
-32.4%
Days on Market (Pending Sale) ...........................
26
22
29
18
-30.8%
Month’s Supply of Inventory ................................
2.5
2.8
2.4
2
-17.8%
Percent Under Contract ........................................
45.0%
44.3%
50.8%
54.7%
21.4%
Average Median Price for Last 12 Months ........
$562,113
$621,792
$621,917
$600,246
6.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$572
MAY
$621,000
JUN JUL
MEDIAN SALES PRICE
AUG
No sales
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$621 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 2017
telesproperties.com
Coronado DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,640,000
$1,650,000
$1,575,000
$1,800,000
9.8%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
20
12
7
11
-45.0%
Properties Pending Sale .......................................
26
13
16
19
-26.9%
Properties For Sale ................................................
137
134
115
116
-15.3%
Days on Market (Pending Sale) ...........................
68
104
65
118
73.5%
Month’s Supply of Inventory ................................
6.8
11.2
16.4
10.5
53.9%
Percent Under Contract ........................................
19.0%
9.7%
13.9%
16.4%
-13.7%
Average Median Price for Last 12 Months ........
$1,711,711
$1,659,792
$1,796,667
$1,734,269
1.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.640
MAY
$1,800,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
10.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.800 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 2017
telesproperties.com
Del Mar DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,606,000
$2,018,750
$1,715,000
$2,160,000
34.5%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
22
18
8
15
-31.8%
Properties Pending Sale .......................................
23
16
14
14
-39.1%
Properties For Sale ................................................
109
91
77
96
-11.9%
Days on Market (Pending Sale) ...........................
29
54
87
42
44.8%
Month’s Supply of Inventory ................................
5
5.1
9.6
6.4
29.2%
Percent Under Contract ........................................
21.1%
17.6%
18.2%
14.6%
-30.9%
Average Median Price for Last 12 Months ........
$1,869,802
$1,775,083
$1,721,667
$1,762,038
-6.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.606
MAY
$2,160,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.160 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 2017
telesproperties.com
El Cajon DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$457,000
$507,500
$480,000
$510,000
11.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
98
98
57
107
9.2%
Properties Pending Sale .......................................
134
123
98
116
-13.4%
Properties For Sale ................................................
372
389
296
286
-23.1%
Days on Market (Pending Sale) ...........................
37
44
49
29
-21.6%
Month’s Supply of Inventory ................................
3.8
4
5.2
2.7
-29.6%
Percent Under Contract ........................................
36.0%
31.6%
33.1%
40.6%
12.6%
Average Median Price for Last 12 Months ........
$454,767
$483,667
$491,667
$487,543
6.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$457
MAY
$510,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$510 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 2017
telesproperties.com
Encinitas DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$904,500
$1,246,500
$1,155,000
$1,299,950
43.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
40
44
29
40
0.0%
Properties Pending Sale .......................................
48
36
28
40
-16.7%
Properties For Sale ................................................
177
185
117
153
-13.6%
Days on Market (Pending Sale) ...........................
41
41
43
32
-22.0%
Month’s Supply of Inventory ................................
4.4
4.2
4
3.8
-13.6%
Percent Under Contract ........................................
27.1%
19.5%
23.9%
26.1%
-3.6%
Average Median Price for Last 12 Months ........
$1,078,400
$1,194,695
$1,164,983
$1,187,513
9.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$904
MAY
$1,299,950
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.299 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 2017
telesproperties.com
Escondido DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$484,500
$508,500
$500,000
$537,500
10.9%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
132
142
104
144
9.1%
Properties Pending Sale .......................................
185
148
118
154
-16.8%
Properties For Sale ................................................
513
568
392
475
-7.4%
Days on Market (Pending Sale) ...........................
38
47
48
35
-7.9%
Month’s Supply of Inventory ................................
3.9
4
3.8
3.3
-15.1%
Percent Under Contract ........................................
36.1%
26.1%
30.1%
32.4%
-10.1%
Average Median Price for Last 12 Months ........
$471,583
$518,667
$534,000
$507,893
7.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$484
MAY
$537,500
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$537 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 2017
telesproperties.com
Imperial-Beach DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$406,500
$589,500
$549,950
$562,500
38.4%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
4
10
6
8
100.0%
Properties Pending Sale .......................................
13
11
5
9
-30.8%
Properties For Sale ................................................
27
40
35
30
11.1%
Days on Market (Pending Sale) ...........................
32
57
55
42
31.2%
Month’s Supply of Inventory ................................
6.8
4
5.8
3.8
-44.4%
Percent Under Contract ........................................
48.1%
27.5%
14.3%
30.0%
-37.7%
Average Median Price for Last 12 Months ........
$446,104
$523,408
$546,167
$515,669
13.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$406
MAY
$562,500
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$562 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 2017
telesproperties.com
La Jolla DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,050,000
$1,825,000
$1,955,000
$2,200,000
7.3%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
41
22
15
29
-29.3%
Properties Pending Sale .......................................
34
31
22
31
-8.8%
Properties For Sale ................................................
258
254
209
238
-7.8%
Days on Market (Pending Sale) ...........................
44
70
104
49
11.4%
Month’s Supply of Inventory ................................
6.3
11.5
13.9
8.2
30.4%
Percent Under Contract ........................................
13.2%
12.2%
10.5%
13.0%
-1.2%
Average Median Price for Last 12 Months ........
$1,892,943
$1,912,500
$1,985,000
$1,969,692
3.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$2.050
MAY
$2,200,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
8.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$2.200 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 2017
telesproperties.com
La Mesa DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$530,000
$510,000
$522,500
$536,000
1.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
71
56
40
54
-23.9%
Properties Pending Sale .......................................
74
46
59
82
10.8%
Properties For Sale ................................................
191
190
153
171
-10.5%
Days on Market (Pending Sale) ...........................
36
36
41
28
-22.2%
Month’s Supply of Inventory ................................
2.6
4.1
2.6
3.2
22.7%
Percent Under Contract ........................................
38.7%
24.2%
38.6%
48.0%
23.8%
Average Median Price for Last 12 Months ........
$488,414
$536,167
$543,167
$527,500
7.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$530
MAY
$536,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.2 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 2017
telesproperties.com
Linda Vista/Clairemont Mesa East DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$530,000
$540,000
$535,000
$550,000
3.8%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
21
17
14
17
-19.0%
Properties Pending Sale .......................................
14
30
21
21
50.0%
Properties For Sale ................................................
38
49
27
39
2.6%
Days on Market (Pending Sale) ...........................
15
28
16
15
0.0%
Month’s Supply of Inventory ................................
2.7
1.6
1.3
2.3
-15.5%
Percent Under Contract ........................................
36.8%
61.2%
77.8%
53.8%
46.2%
Average Median Price for Last 12 Months ........
$522,125
$565,417
$575,833
$553,462
5.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$530
MAY
$550,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$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 2017
telesproperties.com
Lemon Grove DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$405,000
$425,500
$400,000
$438,500
8.3%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
22
16
12
18
-18.2%
Properties Pending Sale .......................................
27
22
12
21
-22.2%
Properties For Sale ................................................
62
56
38
41
-33.9%
Days on Market (Pending Sale) ...........................
31
44
31
35
12.9%
Month’s Supply of Inventory ................................
2.3
2.5
3.2
2.3
-0.8%
Percent Under Contract ........................................
43.5%
39.3%
31.6%
51.2%
17.6%
Average Median Price for Last 12 Months ........
$386,438
$429,708
$442,250
$420,404
8.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$405
MAY
$438,500
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$438 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 2017
telesproperties.com
National City DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$360,000
$388,250
$395,000
$356,000
-1.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
17
8
9
7
-58.8%
Properties Pending Sale .......................................
27
21
14
17
-37.0%
Properties For Sale ................................................
49
71
44
44
-10.2%
Days on Market (Pending Sale) ...........................
34
40
39
37
8.8%
Month’s Supply of Inventory ................................
1.8
3.4
3.1
6.3
246.4%
Percent Under Contract ........................................
55.1%
29.6%
31.8%
38.6%
-29.9%
Average Median Price for Last 12 Months ........
$351,375
$382,500
$388,667
$378,942
7.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$360
MAY
$356,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$356 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 2017
telesproperties.com
Oceanside DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$507,500
$510,000
$525,000
$530,000
4.4%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
148
147
75
138
-6.8%
Properties Pending Sale .......................................
159
115
115
159
0.0%
Properties For Sale ................................................
349
340
286
322
-7.7%
Days on Market (Pending Sale) ...........................
29
35
31
30
3.4%
Month’s Supply of Inventory ................................
2.4
2.3
3.8
2.3
-1.1%
Percent Under Contract ........................................
45.6%
33.8%
40.2%
49.4%
8.4%
Average Median Price for Last 12 Months ........
$950,000
$514,417
$518,333
$512,692
-85.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$507
MAY
$530,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.3 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 2017
telesproperties.com
Poway DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$590,000
$658,750
$659,800
$872,750
47.9%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
39
36
24
47
20.5%
Properties Pending Sale .......................................
61
37
44
67
9.8%
Properties For Sale ................................................
198
178
132
170
-14.1%
Days on Market (Pending Sale) ...........................
34
40
34
34
0.0%
Month’s Supply of Inventory ................................
5.1
4.9
5.5
3.6
-28.8%
Percent Under Contract ........................................
30.8%
20.8%
33.3%
39.4%
27.9%
Average Median Price for Last 12 Months ........
$643,729
$707,925
$765,917
$690,100
6.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$590
MAY
$872,750
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$872 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 2017
telesproperties.com
Rancho Bernardo DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$724,500
$772,450
$815,000
$816,500
12.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
118
92
71
100
-15.3%
Properties Pending Sale .......................................
114
85
84
115
0.9%
Properties For Sale ................................................
369
340
274
317
-14.1%
Days on Market (Pending Sale) ...........................
33
38
47
23
-30.3%
Month’s Supply of Inventory ................................
4.2
4.3
5
3.2
-25.0%
Percent Under Contract ........................................
30.9%
25.0%
30.7%
36.3%
17.4%
Average Median Price for Last 12 Months ........
$716,438
$772,958
$769,833
$759,776
5.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$724
MAY
$816,500
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$816 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 2017
telesproperties.com
San Marcos DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$560,750
$574,900
$655,000
$631,250
12.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
82
67
48
76
-7.3%
Properties Pending Sale .......................................
90
68
40
75
-16.7%
Properties For Sale ................................................
211
210
126
157
-25.6%
Days on Market (Pending Sale) ...........................
57
44
42
20
-64.9%
Month’s Supply of Inventory ................................
2.6
3.1
2.6
2.1
-19.7%
Percent Under Contract ........................................
42.7%
32.4%
31.7%
47.8%
12.0%
Average Median Price for Last 12 Months ........
$575,092
$640,375
$644,917
$622,246
7.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$560
MAY
$631,250
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$631 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 2017
telesproperties.com
San Diego DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$572,500
$595,000
$588,000
$606,000
5.9%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
75
57
44
64
-14.7%
Properties Pending Sale .......................................
77
81
56
68
-11.7%
Properties For Sale ................................................
179
168
110
140
-21.8%
Days on Market (Pending Sale) ...........................
26
30
24
16
-38.5%
Month’s Supply of Inventory ................................
2.4
2.9
2.5
2.2
-8.3%
Percent Under Contract ........................................
43.0%
48.2%
50.9%
48.6%
12.9%
Average Median Price for Last 12 Months ........
$561,475
$608,625
$615,250
$593,627
5.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$572
MAY
$606,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$606 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 2017
telesproperties.com
Santee DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$475,000
$477,000
$480,000
$490,000
3.2%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
43
42
23
41
-4.7%
Properties Pending Sale .......................................
57
36
42
50
-12.3%
Properties For Sale ................................................
121
96
87
94
-22.3%
Days on Market (Pending Sale) ...........................
31
40
34
20
-35.5%
Month’s Supply of Inventory ................................
2.8
2.3
3.8
2.3
-18.5%
Percent Under Contract ........................................
47.1%
37.5%
48.3%
53.2%
12.9%
Average Median Price for Last 12 Months ........
$451,983
$481,658
$482,833
$477,338
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$475
MAY
$490,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$490 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 2017
telesproperties.com
Solana Beach DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,200,000
$985,000
$1,500,000
$1,850,000
54.2%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
3
7
4
12
300.0%
Properties Pending Sale .......................................
5
6
3
13
160.0%
Properties For Sale ................................................
35
36
28
37
5.7%
Days on Market (Pending Sale) ...........................
62
30
140
37
-40.3%
Month’s Supply of Inventory ................................
11.7
5.1
7
3.1
-73.6%
Percent Under Contract ........................................
14.3%
16.7%
10.7%
35.1%
145.9%
Average Median Price for Last 12 Months ........
$1,411,375
$1,763,750
$1,486,667
$1,526,692
7.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.200
MAY
$1,850,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.850 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 2017
telesproperties.com
Spring Valley DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$420,000
$422,500
$436,000
$450,000
7.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
53
38
40
45
-15.1%
Properties Pending Sale .......................................
62
67
66
58
-6.5%
Properties For Sale ................................................
159
190
162
128
-19.5%
Days on Market (Pending Sale) ...........................
35
44
43
32
-8.6%
Month’s Supply of Inventory ................................
3
5
4
2.8
-5.2%
Percent Under Contract ........................................
39.0%
35.3%
40.7%
45.3%
16.2%
Average Median Price for Last 12 Months ........
$402,663
$439,325
$443,333
$432,650
6.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$420
MAY
$450,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.8 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 2017
telesproperties.com
Vista DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$493,000
$505,000
$475,000
$508,000
3.0%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
80
55
51
67
-16.2%
Properties Pending Sale .......................................
90
68
88
87
-3.3%
Properties For Sale ................................................
269
280
210
215
-20.1%
Days on Market (Pending Sale) ...........................
36
43
44
42
16.7%
Month’s Supply of Inventory ................................
3.4
5.1
4.1
3.2
-4.6%
Percent Under Contract ........................................
33.5%
24.3%
41.9%
40.5%
20.9%
Average Median Price for Last 12 Months ........
$473,187
$501,917
$517,000
$496,904
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$493
MAY
$508,000
JUN JUL
MEDIAN SALES PRICE
AUG
n/a
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$508 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 2017
telesproperties.com
Riverside County
Bermuda Dunes
La Quinta
Cathedral City
Palm Desert
Coachella
Palm Springs
Desert Hot Springs
Rancho Mirage
Indian Wells
Thousand Palms
Indio
Micro Market Report : April 2017
telesproperties.com
County: RIVERSIDE Area: 7,303 SQ MILES Founded: 1893
Micro Market Report : April 2017
telesproperties.com
Bermuda Dunes DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$475,000
$345,000
$0
$1,300,000
173.7%
Average Price per Square Foot ...........................
$184
$149
$0
$285
54.9%
Properties Sold .......................................................
2
3
0
1
-50.0%
Properties Pending Sale .......................................
0
2
0
5
n/a
Properties For Sale ................................................
14
11
12
16
14.3%
Days on Market (Pending Sale) ...........................
0
234
0
48
n/a
Month’s Supply of Inventory ................................
7
3.7
n/a
16
128.6%
Percent Under Contract ........................................
0.0%
18.2%
0.0%
31.2%
n/a
Average Median Price for Last 12 Months ........
$280,199
$676,333
$1,300,000
$522,357
46.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$475
MAY
$1,300,000
JUN JUL
MEDIAN SALES PRICE
AUG
$285
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
16 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.300 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 2017
telesproperties.com
Cathedral City DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$300,000
$289,000
$314,200
$269,000
-10.3%
Average Price per Square Foot ...........................
$165
$163
$171
$172
4.2%
Properties Sold .......................................................
15
19
16
21
40.0%
Properties Pending Sale .......................................
20
20
17
23
15.0%
Properties For Sale ................................................
147
115
101
112
-23.8%
Days on Market (Pending Sale) ...........................
87
113
43
61
-29.9%
Month’s Supply of Inventory ................................
9.8
6.1
6.3
5.3
-45.6%
Percent Under Contract ........................................
13.6%
17.4%
16.8%
20.5%
50.9%
Average Median Price for Last 12 Months ........
$275,417
$282,442
$268,000
$278,954
1.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$300
MAY
$269,000
JUN JUL
MEDIAN SALES PRICE
AUG
$172
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$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 2017
telesproperties.com
Coachella DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$236,000
$210,000
$203,500
$203,000
-14.0%
Average Price per Square Foot ...........................
$117
$113
$150
$128
9.4%
Properties Sold .......................................................
4
4
4
2
-50.0%
Properties Pending Sale .......................................
3
1
1
2
-33.3%
Properties For Sale ................................................
12
17
8
13
8.3%
Days on Market (Pending Sale) ...........................
88
14
8
19
-78.4%
Month’s Supply of Inventory ................................
3
4.2
2
6.5
116.7%
Percent Under Contract ........................................
25.0%
5.9%
12.5%
15.4%
-38.5%
Average Median Price for Last 12 Months ........
$223,927
$200,667
$175,167
$208,731
-7.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $236
APR MAY
$203,000
JUN JUL
MEDIAN SALES PRICE
AUG
$128
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$203 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 2017
telesproperties.com
Desert Hot Springs DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$164,000
$185,000
$169,950
$199,450
21.6%
Average Price per Square Foot ...........................
$112
$109
$122
$126
12.5%
Properties Sold .......................................................
31
26
16
30
-3.2%
Properties Pending Sale .......................................
35
24
24
39
11.4%
Properties For Sale ................................................
212
161
152
162
-23.6%
Days on Market (Pending Sale) ...........................
97
54
97
80
-17.5%
Month’s Supply of Inventory ................................
6.8
6.2
9.5
5.4
-21.0%
Percent Under Contract ........................................
16.5%
14.9%
15.8%
24.1%
45.8%
Average Median Price for Last 12 Months ........
$162,505
$183,900
$189,150
$181,537
10.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$164
MAY
$199,450
JUN JUL
MEDIAN SALES PRICE
AUG
$126
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$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 2017
telesproperties.com
Indian Wells DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$715,000
$390,000
$755,000
$557,500
-22.0%
Average Price per Square Foot ...........................
$226
$210
$339
$214
-5.3%
Properties Sold .......................................................
1
1
1
2
100.0%
Properties Pending Sale .......................................
2
0
1
5
150.0%
Properties For Sale ................................................
22
18
17
21
-4.5%
Days on Market (Pending Sale) ...........................
55
0
147
75
36.4%
Month’s Supply of Inventory ................................
22
18
17
10.5
-52.3%
Percent Under Contract ........................................
9.1%
0.0%
5.9%
23.8%
161.9%
Average Median Price for Last 12 Months ........
$623,780
$673,188
$678,250
$715,614
12.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$715
MAY
$557,500
JUN JUL
MEDIAN SALES PRICE
AUG
$214
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
10.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$557 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 2017
telesproperties.com
Indio DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$238,000
$279,675
$252,778
$300,000
26.1%
Average Price per Square Foot ...........................
$139
$141
$140
$147
5.8%
Properties Sold .......................................................
8
10
12
15
87.5%
Properties Pending Sale .......................................
23
10
22
19
-17.4%
Properties For Sale ................................................
95
82
100
92
-3.2%
Days on Market (Pending Sale) ...........................
88
58
71
71
-19.3%
Month’s Supply of Inventory ................................
11.9
8.2
8.3
6.1
-48.4%
Percent Under Contract ........................................
24.2%
12.2%
22.0%
20.7%
-14.7%
Average Median Price for Last 12 Months ........
$285,364
$270,213
$297,333
$260,358
-9.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$238
MAY
$300,000
JUN JUL
MEDIAN SALES PRICE
AUG
$147
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$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 2017
telesproperties.com
La Quinta DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$257,000
$359,000
$315,000
$322,500
25.5%
Average Price per Square Foot ...........................
$172
$170
$199
$212
23.3%
Properties Sold .......................................................
10
3
11
17
70.0%
Properties Pending Sale .......................................
12
6
12
16
33.3%
Properties For Sale ................................................
115
109
106
112
-2.6%
Days on Market (Pending Sale) ...........................
102
60
83
128
25.5%
Month’s Supply of Inventory ................................
11.5
36.3
9.6
6.6
-42.7%
Percent Under Contract ........................................
10.4%
5.5%
11.3%
14.3%
36.9%
Average Median Price for Last 12 Months ........
$330,606
$375,583
$395,833
$340,706
3.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$257
MAY
$322,500
JUN JUL
MEDIAN SALES PRICE
AUG
$212
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.6 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$322 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 2017
telesproperties.com
Palm Desert DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$445,000
$335,000
$345,000
$418,500
-6.0%
Average Price per Square Foot ...........................
$216
$176
$166
$246
13.9%
Properties Sold .......................................................
15
15
7
14
-6.7%
Properties Pending Sale .......................................
19
15
17
15
-21.1%
Properties For Sale ................................................
154
82
90
95
-38.3%
Days on Market (Pending Sale) ...........................
108
150
53
63
-41.7%
Month’s Supply of Inventory ................................
10.3
5.5
12.9
6.8
-33.9%
Percent Under Contract ........................................
12.3%
18.3%
18.9%
15.8%
28.0%
Average Median Price for Last 12 Months ........
$482,333
$332,233
$344,500
$358,297
-34.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$445
MAY
$418,500
JUN JUL
MEDIAN SALES PRICE
AUG
$246
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$418 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 2017
telesproperties.com
Palm Springs DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$600,000
$590,000
$570,000
$590,000
-1.7%
Average Price per Square Foot ...........................
$325
$322
$308
$341
4.9%
Properties Sold .......................................................
75
47
53
81
8.0%
Properties Pending Sale .......................................
74
69
72
74
0.0%
Properties For Sale ................................................
557
451
476
459
-17.6%
Days on Market (Pending Sale) ...........................
97
94
74
83
-14.4%
Month’s Supply of Inventory ................................
7.4
9.6
9
5.7
-23.7%
Percent Under Contract ........................................
13.3%
15.3%
15.1%
16.1%
21.4%
Average Median Price for Last 12 Months ........
$556,125
$589,742
$590,817
$584,073
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$600
MAY
$590,000
JUN JUL
MEDIAN SALES PRICE
AUG
$341
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$590 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 2017
telesproperties.com
Rancho Mirage DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$614,500
$555,000
$442,500
$515,000
-16.2%
Average Price per Square Foot ...........................
$229
$219
$218
$225
-1.7%
Properties Sold .......................................................
6
7
4
20
233.3%
Properties Pending Sale .......................................
8
8
21
20
150.0%
Properties For Sale ................................................
151
121
145
156
3.3%
Days on Market (Pending Sale) ...........................
140
80
113
127
-9.3%
Month’s Supply of Inventory ................................
25.2
17.3
36.2
7.8
-69.0%
Percent Under Contract ........................................
5.3%
6.6%
14.5%
12.8%
142.0%
Average Median Price for Last 12 Months ........
$563,427
$521,917
$588,333
$534,385
-5.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $614
APR MAY
$515,000
JUN JUL
MEDIAN SALES PRICE
AUG
$225
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
7.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$515 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 2017
telesproperties.com
Thousand Palms DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$0
$139,125
$147,756
$0
n/a
Average Price per Square Foot ...........................
$0
$96
$125
$0
n/a
Properties Sold .......................................................
0
1
2
0
n/a
Properties Pending Sale .......................................
2
0
3
2
0.0%
Properties For Sale ................................................
6
5
8
9
50.0%
Days on Market (Pending Sale) ...........................
64
0
20
24
-62.5%
Month’s Supply of Inventory ................................
3
n/a
2.7
n/a
n/a
Percent Under Contract ........................................
33.3%
0.0%
37.5%
22.2%
-33.3%
Average Median Price for Last 12 Months ........
$102,806
$153,177
$154,983
$163,484
37.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro 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
n/a 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 2017
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 2017
telesproperties.com
County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY
Micro Market Report : April 2017
telesproperties.com
Beverly Center - Miracle Mile DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$740,000
$775,000
$661,000
$651,500
-12.0%
Average Price per Square Foot ...........................
$645
$583
$464
$586
-9.1%
Properties Sold .......................................................
5
9
3
6
20.0%
Properties Pending Sale .......................................
3
3
4
10
233.3%
Properties For Sale ................................................
36
32
23
31
-13.9%
Days on Market (Pending Sale) ...........................
32
19
19
31
-3.1%
Month’s Supply of Inventory ................................
7.2
3.6
7.7
5.2
-28.2%
Percent Under Contract ........................................
8.3%
9.4%
17.4%
32.3%
287.1%
Average Median Price for Last 12 Months ........
$701,391
$709,167
$677,167
$736,192
5.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$740
MAY
$651,500
JUN JUL
MEDIAN SALES PRICE
AUG
$586
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$651 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 2017
telesproperties.com
Beverly Hills DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,185,000
$1,420,000
$1,076,250
$1,238,000
4.5%
Average Price per Square Foot ...........................
$672
$690
$617
$832
23.8%
Properties Sold .......................................................
9
13
10
13
44.4%
Properties Pending Sale .......................................
12
11
7
13
8.3%
Properties For Sale ................................................
54
53
53
52
-3.7%
Days on Market (Pending Sale) ...........................
50
68
28
48
-4.0%
Month’s Supply of Inventory ................................
6
4.1
5.3
4
-33.3%
Percent Under Contract ........................................
22.2%
20.8%
13.2%
25.0%
12.5%
Average Median Price for Last 12 Months ........
$1,186,583
$1,238,417
$1,283,750
$1,237,222
4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.185
MAY
$1,238,000
JUN JUL
MEDIAN SALES PRICE
AUG
$832
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.238 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 2017
telesproperties.com
Brentwood DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$843,750
$737,500
$892,550
$855,000
1.3%
Average Price per Square Foot ...........................
$590
$630
$607
$631
6.9%
Properties Sold .......................................................
20
18
8
13
-35.0%
Properties Pending Sale .......................................
16
16
13
17
6.2%
Properties For Sale ................................................
53
67
51
60
13.2%
Days on Market (Pending Sale) ...........................
53
40
29
23
-56.6%
Month’s Supply of Inventory ................................
2.6
3.7
6.4
4.6
74.2%
Percent Under Contract ........................................
30.2%
23.9%
25.5%
28.3%
-6.1%
Average Median Price for Last 12 Months ........
$811,943
$849,925
$865,333
$831,075
2.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$843
MAY
$855,000
JUN JUL
MEDIAN SALES PRICE
AUG
$631
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
4.6 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 2017
telesproperties.com
Culver City DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$475,000
$483,400
$455,000
$515,000
8.4%
Average Price per Square Foot ...........................
$468
$486
$470
$519
10.9%
Properties Sold .......................................................
17
15
10
9
-47.1%
Properties Pending Sale .......................................
20
17
11
12
-40.0%
Properties For Sale ................................................
33
33
22
26
-21.2%
Days on Market (Pending Sale) ...........................
21
25
22
16
-23.8%
Month’s Supply of Inventory ................................
1.9
2.2
2.2
2.9
48.8%
Percent Under Contract ........................................
60.6%
51.5%
50.0%
46.2%
-23.8%
Average Median Price for Last 12 Months ........
$444,625
$492,196
$494,583
$480,890
8.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$475
MAY
$515,000
JUN JUL
MEDIAN SALES PRICE
AUG
$519
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.9 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$515 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 2017
telesproperties.com
Downtown DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$602,000
$585,000
$616,500
$549,500
-8.7%
Average Price per Square Foot ...........................
$580
$564
$594
$635
9.5%
Properties Sold .......................................................
32
31
35
42
31.2%
Properties Pending Sale .......................................
48
35
21
46
-4.2%
Properties For Sale ................................................
201
211
182
215
7.0%
Days on Market (Pending Sale) ...........................
56
63
74
52
-7.1%
Month’s Supply of Inventory ................................
6.3
6.8
5.2
5.1
-18.5%
Percent Under Contract ........................................
23.9%
16.6%
11.5%
21.4%
-10.4%
Average Median Price for Last 12 Months ........
$577,338
$586,292
$557,083
$584,885
1.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$602
MAY
$549,500
JUN JUL
MEDIAN SALES PRICE
AUG
$635
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$549 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 2017
telesproperties.com
Encino DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$334,000
$400,000
$360,000
$330,000
-1.2%
Average Price per Square Foot ...........................
$283
$300
$310
$313
10.6%
Properties Sold .......................................................
12
17
17
16
33.3%
Properties Pending Sale .......................................
18
19
15
21
16.7%
Properties For Sale ................................................
17
42
25
21
23.5%
Days on Market (Pending Sale) ...........................
48
56
68
80
66.7%
Month’s Supply of Inventory ................................
1.4
2.5
1.5
1.3
-7.4%
Percent Under Contract ........................................
105.9%
45.2%
60.0%
100.0%
-5.6%
Average Median Price for Last 12 Months ........
$327,583
$353,333
$330,000
$354,769
8.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$334
MAY
$330,000
JUN JUL
MEDIAN SALES PRICE
AUG
$313
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$330 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 2017
telesproperties.com
Malibu DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$2,440,000
$0
$0
$891,500
-63.5%
Average Price per Square Foot ...........................
$939
$0
$0
$677
-27.9%
Properties Sold .......................................................
4
0
0
4
0.0%
Properties Pending Sale .......................................
3
2
2
4
33.3%
Properties For Sale ................................................
12
20
16
21
75.0%
Days on Market (Pending Sale) ...........................
53
36
18
51
-3.8%
Month’s Supply of Inventory ................................
3
n/a
n/a
5.2
75.0%
Percent Under Contract ........................................
25.0%
10.0%
12.5%
19.0%
-23.8%
Average Median Price for Last 12 Months ........
$825,787
$897,875
$988,833
$1,325,875
60.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.440
APR MAY
$891,500
JUN JUL
MEDIAN SALES PRICE
AUG
$677
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
5.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$891 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 2017
telesproperties.com
Marina Del Rey DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$857,000
$1,139,000
$974,500
$872,990
1.9%
Average Price per Square Foot ...........................
$545
$640
$786
$678
24.4%
Properties Sold .......................................................
20
30
16
25
25.0%
Properties Pending Sale .......................................
29
23
23
26
-10.3%
Properties For Sale ................................................
102
105
89
96
-5.9%
Days on Market (Pending Sale) ...........................
53
56
49
25
-52.8%
Month’s Supply of Inventory ................................
5.1
3.5
5.6
3.8
-24.7%
Percent Under Contract ........................................
28.4%
21.9%
25.8%
27.1%
-4.7%
Average Median Price for Last 12 Months ........
$852,976
$862,665
$868,997
$896,884
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$857
MAY
$872,990
JUN JUL
MEDIAN SALES PRICE
AUG
$678
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.8 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$872 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 2017
telesproperties.com
Santa Monica DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,046,500
$897,250
$852,000
$937,000
-10.5%
Average Price per Square Foot ...........................
$1,182
$934
$901
$980
-17.1%
Properties Sold .......................................................
18
20
10
23
27.8%
Properties Pending Sale .......................................
30
26
23
15
-50.0%
Properties For Sale ................................................
105
96
79
86
-18.1%
Days on Market (Pending Sale) ...........................
41
44
48
30
-26.8%
Month’s Supply of Inventory ................................
5.8
4.8
7.9
3.7
-35.9%
Percent Under Contract ........................................
28.6%
27.1%
29.1%
17.4%
-39.0%
Average Median Price for Last 12 Months ........
$953,445
$893,917
$849,000
$909,981
-4.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.046
MAY
$937,000
JUN JUL
MEDIAN SALES PRICE
AUG
$980
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.7 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$937 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 2017
telesproperties.com
Sherman Oaks DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$455,000
$447,000
$444,000
$480,000
5.5%
Average Price per Square Foot ...........................
$360
$366
$357
$360
0.0%
Properties Sold .......................................................
18
28
16
22
22.2%
Properties Pending Sale .......................................
25
15
18
40
60.0%
Properties For Sale ................................................
34
37
29
34
0.0%
Days on Market (Pending Sale) ...........................
49
73
27
60
22.4%
Month’s Supply of Inventory ................................
1.9
1.3
1.8
1.5
-18.2%
Percent Under Contract ........................................
73.5%
40.5%
62.1%
117.6%
60.0%
Average Median Price for Last 12 Months ........
$446,167
$464,167
$477,000
$455,462
2.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$455
MAY
$480,000
JUN JUL
MEDIAN SALES PRICE
AUG
$360
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
1.5 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$480 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 2017
telesproperties.com
Studio City DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$514,000
$563,000
$484,000
$635,000
23.5%
Average Price per Square Foot ...........................
$407
$435
$405
$447
9.8%
Properties Sold .......................................................
8
16
6
13
62.5%
Properties Pending Sale .......................................
12
11
9
15
25.0%
Properties For Sale ................................................
33
29
23
22
-33.3%
Days on Market (Pending Sale) ...........................
60
42
41
72
20.0%
Month’s Supply of Inventory ................................
4.1
1.8
3.8
0
%
Percent Under Contract ........................................
36.4%
37.9%
39.1%
68.2%
87.5%
Average Median Price for Last 12 Months ........
$537,500
$582,500
$570,333
$554,846
3.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$514
MAY
$635,000
JUN JUL
MEDIAN SALES PRICE
AUG
$447
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
No sales MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$635 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 2017
telesproperties.com
Venice DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$1,280,000
$1,293,000
$0
$1,275,000
-0.4%
Average Price per Square Foot ...........................
$943
$931
$0
$888
-5.8%
Properties Sold .......................................................
1
6
0
3
200.0%
Properties Pending Sale .......................................
3
4
5
4
33.3%
Properties For Sale ................................................
16
15
13
10
-37.5%
Days on Market (Pending Sale) ...........................
43
110
36
45
4.7%
Month’s Supply of Inventory ................................
16
2.5
n/a
3.3
-79.2%
Percent Under Contract ........................................
18.8%
26.7%
38.5%
40.0%
113.3%
Average Median Price for Last 12 Months ........
$1,168,833
$1,150,000
$1,222,500
$1,203,364
3.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$1.280
MAY
$1,275,000
JUN JUL
MEDIAN SALES PRICE
AUG
$888
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.3 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.275 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 2017
telesproperties.com
West Hollywood DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$687,000
$829,000
$619,000
$605,000
-11.9%
Average Price per Square Foot ...........................
$672
$724
$619
$627
-6.7%
Properties Sold .......................................................
38
31
24
33
-13.2%
Properties Pending Sale .......................................
30
27
31
26
-13.3%
Properties For Sale ................................................
123
124
108
116
-5.7%
Days on Market (Pending Sale) ...........................
40
50
24
24
-40.0%
Month’s Supply of Inventory ................................
3.2
4
4.5
3.5
8.6%
Percent Under Contract ........................................
24.4%
21.8%
28.7%
22.4%
-8.1%
Average Median Price for Last 12 Months ........
$628,104
$648,500
$658,333
$677,462
7.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$687
MAY
$605,000
JUN JUL
MEDIAN SALES PRICE
AUG
$627
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
3.5 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 2017
telesproperties.com
West LA DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$850,000
$837,500
$805,000
$817,000
-3.9%
Average Price per Square Foot ...........................
$522
$547
$570
$558
6.9%
Properties Sold .......................................................
9
10
11
5
-44.4%
Properties Pending Sale .......................................
14
14
6
12
-14.3%
Properties For Sale ................................................
34
50
21
31
-8.8%
Days on Market (Pending Sale) ...........................
18
29
70
18
0.0%
Month’s Supply of Inventory ................................
3.8
5
1.9
6.2
64.1%
Percent Under Contract ........................................
41.2%
28.0%
28.6%
38.7%
-6.0%
Average Median Price for Last 12 Months ........
$707,766
$764,808
$732,117
$778,412
10.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$850
MAY
$817,000
JUN JUL
MEDIAN SALES PRICE
AUG
$558
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.2 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$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 2017
telesproperties.com
Westwood - Century City DATA*
Apr 2016
6 month
3 month
Apr 2017
% change
Median Price ..........................................................
$855,000
$910,000
$895,000
$785,000
-8.2%
Average Price per Square Foot ...........................
$797
$683
$655
$655
-17.8%
Properties Sold .......................................................
52
49
25
35
-32.7%
Properties Pending Sale .......................................
46
37
45
48
4.3%
Properties For Sale ................................................
237
205
198
212
-10.5%
Days on Market (Pending Sale) ...........................
71
40
25
56
-21.1%
Month’s Supply of Inventory ................................
4.6
4.2
7.9
6.1
32.9%
Percent Under Contract ........................................
19.4%
18.0%
22.7%
22.6%
16.7%
Average Median Price for Last 12 Months ........
$775,110
$850,125
$804,750
$837,188
8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot APR
$855
MAY
$785,000
JUN JUL
MEDIAN SALES PRICE
AUG
$655
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
6.1 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$785 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 2017
telesproperties.com
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