August 2016 Micro Market Report | Teles Properties

micro market report luxury real estate market research August 2016 | LOS ANGELES, ORANGE, SANTA BARBARA, MONTEREY, & SAN DIEGO

Navigating Solutions. At Riviera Financial, the business of real estate finance is about much more than loans. It is about offering diverse and competitive products; advising borrowers to make informed choices to support and protect their security; providing extraordinarily thorough customer care; and navigating solutions. Our customers expect and deserve the highest level of service and performance in all of their borrowing activities. When it comes to dedicated, comprehensive real estate finance, Riviera Financial delivers.

Get the full lending experience at rivierafinancial.com or contact a loan professional by calling 424.203.1850

r i v i e r a f i n a n c i a l . c o m 4 Locations to Serve You | Beverly Hills, Brentwood, Newport Beach & Pasadena Riviera Financial dba Mortgage Capital Partners, Inc. NMLS#239902 California Real Estate #00931610

Reading the Report

“Each Micro Market area contains an analysis of current conditions and past trends. In order to take the most away from this report, it is important to understand how to read each micro market.

The Data presents statistical information about past and current conditions, comparing the previous year’s month to the current month. Each statistic is compiled from sales data during the month of the respective year. It is then analyzed by Percent Change, which is calculated by taking Current Value minus Past Value and then divided by Past Value.

The Numbers is a compilation of important take-away statistics for each area to gain a quick understanding of market conditions. Median Sales Price and Days on market are 12 month averages for the period ending in the current month. The values for Properties for Sale and Shadow Inventory are presented in both text and graphical form to show the relationship of Shadow to Active Inventory.

The Yearly Trend presents the Median Sales Prices for each month during the past year in graphical format to easily visualize the changes and help identify any trends in sales for that micro market.

MEDIAN PRICE:

DAYS OF MARKET (PENDING SALE):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

It can be interpreted like an average, however the extreme prices (high and

MONTH’S SUPPLY OF INVENTORY:

low) don’t hold undue influence.

The number of months it would take to sell all the properties listed for sale at

AVERAGE PRICE PER SQUARE FOOT:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

PERCENT UNDER CONTRACT:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

PROPERTIES SOLD:

The number of property transactions

AVERAGE MEDIAN PRICE FOR LAST 12:

that closed and transferred ownership.

The Average Median Price for the Last 12 Months is sales data from 12 months

PROPERTIES PENDING SALE:

The number of properties that entered escrow in preparation for sale. PROPERTIES FOR SALE:

The number of properties on the market and seeking buyers.

ending in the identified month.

Los Angeles County

Los Angeles County Macro

Mid Los Angeles

Palos Verdes Estates

North Hollywood

Bel Air - Holmby Hills

Mid Wilshire

Rancho Palos Verdes

Shadow Hills

Beverly Center - Miracle Mile

Pacific Palisades

Redondo Beach - North

Sherman Oaks

Beverly Hills

Palms - Mar Vista

Redondo Beach - South

Studio City

Beverly Hills P.O.

Playa del Rey

Rolling Hills

Sun Valley

Beverlywood

Playa Vista

Rolling Hills Estates

Sunland - Tujunga

Brentwood

Santa Monica

San Pedro

Tarzana

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Torrance - County Strip

Toluca Lake

Culver City

Venice

Torrance - North

Valley Village

Hancock Park - Wilshire

West Hollywood

Torrance - Southeast

Woodland Hills

Hollywood

West Los Angeles

Torrance - South

San Gabriel Valley Macro

Hollywood Hills East

Westchester

Torrance - West

Altadena

Laurel Canyon

Westwood - Century City

San Fernando Macro

Arcadia

Los Feliz

South Bay Macro

Burbank

Duarte

Malibu

El Segundo

Encino

Eagle Rock

Malibu Beach

Hermosa Beach

Glendale

La Canada Flintridge

Marina del Rey

Manhattan Beach

La Crescenta

Monrovia

Micro Market Report : August 2016

telesproperties.com

County: LOS ANGELES Area: 4,752 SQ MILES Founded: 1850

Pasadena San Gabriel San Marino Sierra Madre South Pasadena

Micro Market Report : August 2016

telesproperties.com

Los Angeles County DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$550,000

$542,750

$585,000

$595,000

8.2%

Average Price per Square Foot ...........................

$416

$431

$448

$442

6.2%

Properties Sold .......................................................

4528

2908

4481

4728

4.4%

Properties Pending Sale .......................................

5109

4418

5231

5242

2.6%

Properties For Sale ................................................

19,737

16,327

17,971

19,515

-1.1%

Days on Market (Pending Sale) ...........................

43

47

40

42

-2.3%

Month’s Supply of Inventory ................................

4.4

5.6

4

4.1

-5.3%

Percent Under Contract ........................................

25.9%

27.1%

29.1%

26.9%

3.8%

Average Median Price for Last 12 Months ........

$527,645

$585,667

$598,000

$561,904

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 AUG

$550

SEP

$595,000

OCT NOV

MEDIAN SALES PRICE

DEC

$442

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$595 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Bel-Air Holmby Hills DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$2,300,000

$2,152,000

$2,085,000

$2,172,500

-5.5%

Average Price per Square Foot ...........................

$653

$1,073

$1,140

$796

21.9%

Properties Sold .......................................................

9

7

16

12

33.3%

Properties Pending Sale .......................................

14

12

17

17

21.4%

Properties For Sale ................................................

122

112

151

158

29.5%

Days on Market (Pending Sale) ...........................

50

45

63

69

38.0%

Month’s Supply of Inventory ................................

13.6

16

9.4

13.2

-2.9%

Percent Under Contract ........................................

11.5%

10.7%

11.3%

10.8%

-6.2%

Average Median Price for Last 12 Months ........

$2,224,479

$2,305,833

$2,600,833

$2,305,885

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 AUG

$2.300

SEP

$2,172,500

OCT NOV

MEDIAN SALES PRICE

DEC

$796

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

13.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.172 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Beverly Center - Miracle Mile DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,600,000

$1,441,250

$1,065,000

$1,417,500

-11.4%

Average Price per Square Foot ...........................

$757

$755

$773

$743

-1.8%

Properties Sold .......................................................

19

14

14

16

-15.8%

Properties Pending Sale .......................................

11

15

17

26

136.4%

Properties For Sale ................................................

72

77

78

98

36.1%

Days on Market (Pending Sale) ...........................

38

45

40

51

34.2%

Month’s Supply of Inventory ................................

3.8

5.5

5.6

6.1

61.6%

Percent Under Contract ........................................

15.3%

19.5%

21.8%

26.5%

73.7%

Average Median Price for Last 12 Months ........

$1,454,254

$1,449,667

$1,539,167

$1,461,288

0.5%

*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 AUG

$1.600

SEP

$1,417,500

OCT NOV

MEDIAN SALES PRICE

DEC

$743

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.417 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Beverly Hills DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$3,020,000

$6,825,000

$3,655,000

$5,522,500

82.9%

Average Price per Square Foot ...........................

$1,333

$1,326

$1,443

$1,217

-8.7%

Properties Sold .......................................................

11

12

10

8

-27.3%

Properties Pending Sale .......................................

7

12

17

17

142.9%

Properties For Sale ................................................

104

120

123

137

31.7%

Days on Market (Pending Sale) ...........................

77

53

73

52

-32.5%

Month’s Supply of Inventory ................................

9.5

10

12.3

17.1

81.1%

Percent Under Contract ........................................

6.7%

10.0%

13.8%

12.4%

84.4%

Average Median Price for Last 12 Months ........

$4,621,458

$4,668,917

$5,716,167

$4,953,683

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 AUG

$3.020

SEP

$5,522,500

OCT NOV

MEDIAN SALES PRICE

DEC

$1,217

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

17.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$5.522 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Beverly Hills- Post Office DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$2,625,000

$2,785,000

$2,155,000

$2,533,300

-3.5%

Average Price per Square Foot ...........................

$858

$926

$916

$861

0.3%

Properties Sold .......................................................

13

7

13

16

23.1%

Properties Pending Sale .......................................

15

11

14

14

-6.7%

Properties For Sale ................................................

168

137

176

191

13.7%

Days on Market (Pending Sale) ...........................

62

166

48

45

-27.4%

Month’s Supply of Inventory ................................

12.9

19.6

13.5

11.9

-7.6%

Percent Under Contract ........................................

8.9%

8.0%

8.0%

7.3%

-17.9%

Average Median Price for Last 12 Months ........

$2,638,500

$2,732,217

$3,252,767

$2,799,677

5.8%

*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 AUG

$2.625

SEP

$2,533,300

OCT NOV

MEDIAN SALES PRICE

DEC

$861

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

11.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.533 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Beverlywood DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,175,000

$1,195,000

$1,330,000

$1,200,000

2.1%

Average Price per Square Foot ...........................

$716

$621

$697

$725

1.3%

Properties Sold .......................................................

25

15

23

25

0.0%

Properties Pending Sale .......................................

22

18

24

29

31.8%

Properties For Sale ................................................

65

64

82

70

7.7%

Days on Market (Pending Sale) ...........................

25

29

29

39

56.0%

Month’s Supply of Inventory ................................

2.6

4.3

3.6

2.8

7.7%

Percent Under Contract ........................................

33.8%

28.1%

29.3%

41.4%

22.4%

Average Median Price for Last 12 Months ........

$987,719

$1,249,186

$1,225,009

$1,151,855

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 AUG

$1.175

SEP

$1,200,000

OCT NOV

MEDIAN SALES PRICE

DEC

$725

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.200 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 : August 2016

telesproperties.com

Brentwood DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$2,737,500

$2,657,500

$3,726,000

$2,270,000

-17.1%

Average Price per Square Foot ...........................

$856

$818

$956

$930

8.6%

Properties Sold .......................................................

20

14

28

27

35.0%

Properties Pending Sale .......................................

10

15

18

25

150.0%

Properties For Sale ................................................

131

129

161

156

19.1%

Days on Market (Pending Sale) ...........................

33

67

44

66

100.0%

Month’s Supply of Inventory ................................

6.6

9.2

5.8

5.8

-11.8%

Percent Under Contract ........................................

7.6%

11.6%

11.2%

16.0%

109.9%

Average Median Price for Last 12 Months ........

$2,758,124

$3,009,583

$3,038,333

$3,007,163

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 AUG

$2.737

SEP

$2,270,000

OCT NOV

MEDIAN SALES PRICE

DEC

$930

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.270 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Cheviot Hills - Rancho Park DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,850,000

$1,720,000

$2,815,000

$2,640,000

42.7%

Average Price per Square Foot ...........................

$781

$689

$802

$815

4.4%

Properties Sold .......................................................

9

4

8

13

44.4%

Properties Pending Sale .......................................

8

7

7

11

37.5%

Properties For Sale ................................................

26

30

27

30

15.4%

Days on Market (Pending Sale) ...........................

35

25

30

38

8.6%

Month’s Supply of Inventory ................................

2.9

7.5

3.4

2.3

-20.1%

Percent Under Contract ........................................

30.8%

23.3%

25.9%

36.7%

19.2%

Average Median Price for Last 12 Months ........

$1,672,458

$2,351,250

$2,430,000

$2,003,978

16.5%

*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 AUG

$1.850

SEP

$2,640,000

OCT NOV

MEDIAN SALES PRICE

DEC

$815

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.640 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 : August 2016

telesproperties.com

Culver City DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,075,000

$1,029,500

$1,059,000

$1,000,000

-7.0%

Average Price per Square Foot ...........................

$659

$669

$756

$691

4.9%

Properties Sold .......................................................

25

8

21

29

16.0%

Properties Pending Sale .......................................

26

16

25

27

3.8%

Properties For Sale ................................................

89

52

68

60

-32.6%

Days on Market (Pending Sale) ...........................

49

27

62

41

-16.3%

Month’s Supply of Inventory ................................

3.6

6.5

3.2

2.1

-41.9%

Percent Under Contract ........................................

29.2%

30.8%

36.8%

45.0%

54.0%

Average Median Price for Last 12 Months ........

$951,727

$1,115,792

$1,112,583

$1,071,135

11.1%

*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 AUG

$1.075

SEP

$1,000,000

OCT NOV

MEDIAN SALES PRICE

DEC

$691

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Downtown DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$248,325

$300,000

$315,000

$287,500

15.8%

Average Price per Square Foot ...........................

$351

$208

$229

$255

-27.4%

Properties Sold .......................................................

7

9

11

8

14.3%

Properties Pending Sale .......................................

7

3

12

14

100.0%

Properties For Sale ................................................

61

54

48

50

-18.0%

Days on Market (Pending Sale) ...........................

54

52

45

48

-11.1%

Month’s Supply of Inventory ................................

8.7

6

4.4

6.2

-28.3%

Percent Under Contract ........................................

11.5%

5.6%

25.0%

28.0%

144.0%

Average Median Price for Last 12 Months ........

$273,927

$349,104

$360,000

$322,065

14.9%

*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 AUG

$248

SEP

$287,500

OCT NOV

MEDIAN SALES PRICE

DEC

$255

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$287 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Hancock Park - Wilshire DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,575,000

$1,465,000

$1,697,000

$1,332,500

-15.4%

Average Price per Square Foot ...........................

$642

$602

$666

$748

16.5%

Properties Sold .......................................................

19

16

19

34

78.9%

Properties Pending Sale .......................................

17

19

28

28

64.7%

Properties For Sale ................................................

145

104

112

143

-1.4%

Days on Market (Pending Sale) ...........................

59

65

49

57

-3.4%

Month’s Supply of Inventory ................................

7.6

6.5

5.9

4.2

-44.9%

Percent Under Contract ........................................

11.7%

18.3%

25.0%

19.6%

67.0%

Average Median Price for Last 12 Months ........

$1,328,667

$1,554,917

$1,450,833

$1,484,380

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 AUG

$1.575

SEP

$1,332,500

OCT NOV

MEDIAN SALES PRICE

DEC

$748

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.332 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Hollywood DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,100,000

$819,000

$739,000

$875,000

-20.5%

Average Price per Square Foot ...........................

$555

$540

$559

$640

15.3%

Properties Sold .......................................................

11

13

10

9

-18.2%

Properties Pending Sale .......................................

8

10

12

8

0.0%

Properties For Sale ................................................

44

40

39

32

-27.3%

Days on Market (Pending Sale) ...........................

57

17

45

30

-47.4%

Month’s Supply of Inventory ................................

4

3.1

3.9

3.6

-11.1%

Percent Under Contract ........................................

18.2%

25.0%

30.8%

25.0%

37.5%

Average Median Price for Last 12 Months ........

$815,614

$1,097,500

$882,000

$979,681

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 AUG

$1.100

SEP

$875,000

OCT NOV

MEDIAN SALES PRICE

DEC

$640

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Hollywood Hills East DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,260,000

$1,247,500

$1,425,000

$1,609,000

27.7%

Average Price per Square Foot ...........................

$597

$632

$678

$697

16.8%

Properties Sold .......................................................

19

8

19

8

-57.9%

Properties Pending Sale .......................................

17

8

17

9

-47.1%

Properties For Sale ................................................

89

60

62

70

-21.3%

Days on Market (Pending Sale) ...........................

46

63

65

42

-8.7%

Month’s Supply of Inventory ................................

5.2

7.5

3.6

8.7

67.1%

Percent Under Contract ........................................

19.1%

13.3%

27.4%

12.9%

-32.7%

Average Median Price for Last 12 Months ........

$1,211,455

$1,551,750

$1,794,973

$1,363,586

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 AUG

$1.260

SEP

$1,609,000

OCT NOV

MEDIAN SALES PRICE

DEC

$697

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

8.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.609 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Laurel Canyon DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,345,000

$1,685,000

$1,650,000

$1,791,285

33.2%

Average Price per Square Foot ...........................

$756

$753

$760

$864

14.3%

Properties Sold .......................................................

33

22

15

24

-27.3%

Properties Pending Sale .......................................

28

25

17

27

-3.6%

Properties For Sale ................................................

148

141

149

187

26.4%

Days on Market (Pending Sale) ...........................

40

51

45

45

12.5%

Month’s Supply of Inventory ................................

5.3

5.6

8.8

6.9

31.0%

Percent Under Contract ........................................

18.9%

17.7%

11.4%

14.4%

-23.7%

Average Median Price for Last 12 Months ........

$1,460,765

$1,570,381

$1,636,595

$1,494,526

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 AUG

$1.345

SEP

$1,791,285

OCT NOV

MEDIAN SALES PRICE

DEC

$864

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.791 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Los Feliz DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,535,000

$1,937,500

$1,435,000

$1,625,000

5.9%

Average Price per Square Foot ...........................

$640

$620

$659

$722

12.8%

Properties Sold .......................................................

29

18

17

20

-31.0%

Properties Pending Sale .......................................

16

20

21

15

-6.2%

Properties For Sale ................................................

101

77

80

81

-19.8%

Days on Market (Pending Sale) ...........................

53

105

69

40

-24.5%

Month’s Supply of Inventory ................................

6.3

3.8

3.8

4

-35.8%

Percent Under Contract ........................................

15.8%

26.0%

26.2%

18.5%

16.9%

Average Median Price for Last 12 Months ........

$1,375,496

$1,561,208

$1,442,667

$1,544,165

10.9%

*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 AUG

$1.535

SEP

$1,625,000

OCT NOV

MEDIAN SALES PRICE

DEC

$722

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Malibu DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$2,150,000

$1,772,500

$3,150,000

$2,400,000

11.6%

Average Price per Square Foot ...........................

$897

$740

$874

$1,142

27.3%

Properties Sold .......................................................

9

12

21

17

88.9%

Properties Pending Sale .......................................

18

18

17

16

-11.1%

Properties For Sale ................................................

254

200

223

222

-12.6%

Days on Market (Pending Sale) ...........................

73

118

172

161

120.5%

Month’s Supply of Inventory ................................

28.2

16.7

10.6

13.1

-53.7%

Percent Under Contract ........................................

7.1%

9.0%

7.6%

7.2%

1.7%

Average Median Price for Last 12 Months ........

$2,330,958

$2,444,167

$2,443,333

$2,342,626

0.5%

*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 AUG

$2.150

SEP

$2,400,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,142

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

13.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.400 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 : August 2016

telesproperties.com

Malibu Beach DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$4,750,000

$9,700,000

$10,997,500

$6,000,000

26.3%

Average Price per Square Foot ...........................

$1,952

$1,907

$4,718

$2,241

14.8%

Properties Sold .......................................................

5

3

4

8

60.0%

Properties Pending Sale .......................................

5

5

5

6

20.0%

Properties For Sale ................................................

88

76

106

94

6.8%

Days on Market (Pending Sale) ...........................

113

144

129

180

59.3%

Month’s Supply of Inventory ................................

17.6

25.3

26.5

11.8

-33.2%

Percent Under Contract ........................................

5.7%

6.6%

4.7%

6.4%

12.3%

Average Median Price for Last 12 Months ........

$6,159,583

$6,259,833

$4,737,167

$6,912,615

10.9%

*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 AUG

$4.750

SEP

$6,000,000

OCT NOV

MEDIAN SALES PRICE

DEC

$2,241

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

11.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$6.000 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 : August 2016

telesproperties.com

Marina Del Rey DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,441,000

$872,000

$1,000,000

$1,027,500

-28.7%

Average Price per Square Foot ...........................

$762

$886

$787

$751

-1.4%

Properties Sold .......................................................

4

6

7

6

50.0%

Properties Pending Sale .......................................

5

6

7

2

-60.0%

Properties For Sale ................................................

32

28

36

31

-3.1%

Days on Market (Pending Sale) ...........................

24

52

52

23

-4.2%

Month’s Supply of Inventory ................................

8

4.7

5.1

5.2

-35.4%

Percent Under Contract ........................................

15.6%

21.4%

19.4%

6.5%

-58.7%

Average Median Price for Last 12 Months ........

$1,513,902

$1,447,500

$1,926,667

$1,528,135

0.9%

*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 AUG

$1.441

SEP

$1,027,500

OCT NOV

MEDIAN SALES PRICE

DEC

$751

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.027 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Mid Los Angeles DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$550,000

$595,000

$621,500

$630,000

14.5%

Average Price per Square Foot ...........................

$348

$385

$384

$426

22.4%

Properties Sold .......................................................

34

39

46

38

11.8%

Properties Pending Sale .......................................

32

34

45

36

12.5%

Properties For Sale ................................................

145

144

143

133

-8.3%

Days on Market (Pending Sale) ...........................

34

66

35

40

17.6%

Month’s Supply of Inventory ................................

4.3

3.7

3.1

3.5

-17.9%

Percent Under Contract ........................................

22.1%

23.6%

31.5%

27.1%

22.7%

Average Median Price for Last 12 Months ........

$483,021

$612,781

$628,563

$576,403

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 AUG

$550

SEP

$630,000

OCT NOV

MEDIAN SALES PRICE

DEC

$426

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$630 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Mid Wilshire DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$885,000

$759,500

$750,000

$790,000

-10.7%

Average Price per Square Foot ...........................

$396

$382

$440

$343

-13.4%

Properties Sold .......................................................

7

4

5

3

-57.1%

Properties Pending Sale .......................................

6

5

2

6

0.0%

Properties For Sale ................................................

32

27

19

22

-31.2%

Days on Market (Pending Sale) ...........................

60

63

40

58

-3.3%

Month’s Supply of Inventory ................................

4.6

6.8

3.8

7.3

60.4%

Percent Under Contract ........................................

18.8%

18.5%

10.5%

27.3%

45.5%

Average Median Price for Last 12 Months ........

$660,350

$786,000

$828,167

$794,667

16.9%

*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 AUG

$885

SEP

$790,000

OCT NOV

MEDIAN SALES PRICE

DEC

$343

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$790 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Pacific Palisades DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$2,925,000

$2,587,500

$2,375,000

$2,800,000

-4.3%

Average Price per Square Foot ...........................

$997

$985

$1,053

$1,103

10.6%

Properties Sold .......................................................

23

17

25

28

21.7%

Properties Pending Sale .......................................

25

22

29

30

20.0%

Properties For Sale ................................................

141

131

148

155

9.9%

Days on Market (Pending Sale) ...........................

52

45

46

48

-7.7%

Month’s Supply of Inventory ................................

6.1

7.7

5.9

5.5

-9.7%

Percent Under Contract ........................................

17.7%

16.8%

19.6%

19.4%

9.2%

Average Median Price for Last 12 Months ........

$2,659,908

$2,572,750

$2,680,000

$2,722,260

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 AUG

$2.925

SEP

$2,800,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,103

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Palms - Mar Vista DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,205,000

$1,284,000

$1,320,650

$1,315,000

9.1%

Average Price per Square Foot ...........................

$700

$765

$734

$771

10.1%

Properties Sold .......................................................

34

19

35

27

-20.6%

Properties Pending Sale .......................................

30

30

48

32

6.7%

Properties For Sale ................................................

70

73

106

91

30.0%

Days on Market (Pending Sale) ...........................

34

35

26

41

20.6%

Month’s Supply of Inventory ................................

2.1

3.8

3

3.4

63.7%

Percent Under Contract ........................................

42.9%

41.1%

45.3%

35.2%

-17.9%

Average Median Price for Last 12 Months ........

$1,136,252

$1,303,171

$1,303,167

$1,272,771

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 AUG

$1.205

SEP

$1,315,000

OCT NOV

MEDIAN SALES PRICE

DEC

$771

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.315 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Playa Del Rey DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,675,000

$1,368,025

$1,320,250

$1,695,000

1.2%

Average Price per Square Foot ...........................

$600

$494

$544

$689

14.8%

Properties Sold .......................................................

3

2

6

2

-33.3%

Properties Pending Sale .......................................

4

3

5

4

0.0%

Properties For Sale ................................................

14

14

18

18

28.6%

Days on Market (Pending Sale) ...........................

30

34

28

20

-33.3%

Month’s Supply of Inventory ................................

4.7

7

3

9

92.9%

Percent Under Contract ........................................

28.6%

21.4%

27.8%

22.2%

-22.2%

Average Median Price for Last 12 Months ........

$1,694,917

$1,631,625

$1,396,500

$1,550,252

-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 AUG

$1.675

SEP

$1,695,000

OCT NOV

MEDIAN SALES PRICE

DEC

$689

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.695 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Playa Vista DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,357,500

$0

$1,623,000

$0

-100.0%

Average Price per Square Foot ...........................

$523

$0

$619

$0

-100.0%

Properties Sold .......................................................

2

0

2

0

-100.0%

Properties Pending Sale .......................................

1

1

2

1

0.0%

Properties For Sale ................................................

4

7

9

13

225.0%

Days on Market (Pending Sale) ...........................

42

0

100

55

31.0%

Month’s Supply of Inventory ................................

2

n/a

4.5

0.1

-96.2%

Percent Under Contract ........................................

25.0%

14.3%

22.2%

7.7%

-69.2%

Average Median Price for Last 12 Months ........

$1,666,417

$1,777,813

$1,829,125

$1,847,031

10.8%

*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 AUG

$1.357

SEP

No sales

OCT NOV

MEDIAN SALES PRICE

DEC

No sales

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

0.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Santa Monica DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,762,380

$3,550,000

$2,450,000

$3,400,000

92.9%

Average Price per Square Foot ...........................

$1,107

$1,232

$990

$1,005

-9.2%

Properties Sold .......................................................

18

15

25

19

5.6%

Properties Pending Sale .......................................

11

23

26

20

81.8%

Properties For Sale ................................................

86

103

104

90

4.7%

Days on Market (Pending Sale) ...........................

35

33

47

35

0.0%

Month’s Supply of Inventory ................................

4.8

6.9

4.2

4.7

-0.9%

Percent Under Contract ........................................

12.8%

22.3%

25.0%

22.2%

73.7%

Average Median Price for Last 12 Months ........

$2,326,969

$2,540,000

$2,448,333

$2,472,161

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 AUG

$1.762

SEP

$3,400,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,005

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$3.400 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 : August 2016

telesproperties.com

Sunset Strip - Hollywood Hills West DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,500,000

$1,832,500

$1,907,500

$1,937,000

29.1%

Average Price per Square Foot ...........................

$818

$956

$809

$914

11.7%

Properties Sold .......................................................

51

28

28

33

-35.3%

Properties Pending Sale .......................................

37

49

31

38

2.7%

Properties For Sale ................................................

325

301

308

329

1.2%

Days on Market (Pending Sale) ...........................

68

66

48

47

-30.9%

Month’s Supply of Inventory ................................

6.4

10.8

11

10

56.4%

Percent Under Contract ........................................

11.4%

16.3%

10.1%

11.6%

1.5%

Average Median Price for Last 12 Months ........

$1,760,331

$1,790,500

$1,880,167

$1,742,038

-1.1%

*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 AUG

$1.500

SEP

$1,937,000

OCT NOV

MEDIAN SALES PRICE

DEC

$914

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

10 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.937 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 : August 2016

telesproperties.com

Venice DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,654,125

$1,650,000

$1,983,592

$1,870,816

13.1%

Average Price per Square Foot ...........................

$930

$1,036

$1,064

$1,004

8.0%

Properties Sold .......................................................

11

15

18

21

90.9%

Properties Pending Sale .......................................

13

22

27

18

38.5%

Properties For Sale ................................................

81

97

94

101

24.7%

Days on Market (Pending Sale) ...........................

41

55

59

54

31.7%

Month’s Supply of Inventory ................................

7.4

6.5

5.2

4.8

-34.7%

Percent Under Contract ........................................

16.0%

22.7%

28.7%

17.8%

11.0%

Average Median Price for Last 12 Months ........

$1,709,706

$1,840,318

$1,802,772

$1,792,272

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 AUG

$1.654

SEP

$1,870,816

OCT NOV

MEDIAN SALES PRICE

DEC

$1,004

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.870 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

West Hollywood DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,371,000

$1,675,000

$1,700,000

$1,487,500

8.5%

Average Price per Square Foot ...........................

$921

$971

$925

$886

-3.8%

Properties Sold .......................................................

9

13

13

16

77.8%

Properties Pending Sale .......................................

14

7

9

17

21.4%

Properties For Sale ................................................

60

41

60

77

28.3%

Days on Market (Pending Sale) ...........................

36

63

28

53

47.2%

Month’s Supply of Inventory ................................

6.7

3.2

4.6

4.8

-27.8%

Percent Under Contract ........................................

23.3%

17.1%

15.0%

22.1%

-5.4%

Average Median Price for Last 12 Months ........

$1,427,458

$1,504,375

$1,500,833

$1,500,079

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 AUG

$1.371

SEP

$1,487,500

OCT NOV

MEDIAN SALES PRICE

DEC

$886

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.487 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

West Los Angeles DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,200,000

$925,000

$942,000

$925,000

-22.9%

Average Price per Square Foot ...........................

$695

$767

$657

$746

7.3%

Properties Sold .......................................................

11

6

10

9

-18.2%

Properties Pending Sale .......................................

8

6

11

11

37.5%

Properties For Sale ................................................

42

37

44

47

11.9%

Days on Market (Pending Sale) ...........................

51

25

38

51

0.0%

Month’s Supply of Inventory ................................

3.8

6.2

4.4

5.2

36.8%

Percent Under Contract ........................................

19.0%

16.2%

25.0%

23.4%

22.9%

Average Median Price for Last 12 Months ........

$864,648

$1,084,500

$1,091,667

$1,077,442

24.6%

*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 $1.200

AUG SEP

$925,000

OCT NOV

MEDIAN SALES PRICE

DEC

$746

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$925 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Westchester DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$930,000

$928,500

$1,144,500

$1,121,250

20.6%

Average Price per Square Foot ...........................

$604

$577

$616

$627

3.8%

Properties Sold .......................................................

26

22

21

34

30.8%

Properties Pending Sale .......................................

25

20

34

32

28.0%

Properties For Sale ................................................

78

60

74

101

29.5%

Days on Market (Pending Sale) ...........................

39

31

26

42

7.7%

Month’s Supply of Inventory ................................

3

2.7

3.5

3

-1.0%

Percent Under Contract ........................................

32.1%

33.3%

45.9%

31.7%

-1.1%

Average Median Price for Last 12 Months ........

$882,202

$1,074,242

$1,108,317

$1,007,471

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 AUG

$930

SEP

$1,121,250

OCT NOV

MEDIAN SALES PRICE

DEC

$627

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.121 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Westwood - Century City DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,617,500

$1,594,000

$2,262,630

$1,567,500

-3.1%

Average Price per Square Foot ...........................

$824

$816

$839

$886

7.5%

Properties Sold .......................................................

21

10

20

18

-14.3%

Properties Pending Sale .......................................

19

15

17

17

-10.5%

Properties For Sale ................................................

74

74

75

77

4.1%

Days on Market (Pending Sale) ...........................

36

19

35

41

13.9%

Month’s Supply of Inventory ................................

3.5

7.4

3.8

4.3

21.4%

Percent Under Contract ........................................

25.7%

20.3%

22.7%

22.1%

-14.0%

Average Median Price for Last 12 Months ........

$1,699,052

$1,927,855

$1,984,500

$1,836,778

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 AUG

$1.617

SEP

$1,567,500

OCT NOV

MEDIAN SALES PRICE

DEC

$886

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.567 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

South Bay Macro Market DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,375,567

$1,169,132

$1,228,530

$1,178,340

-14.3%

Average Price per Square Foot ...........................

$622

$589

$604

$616

-0.9%

Properties Sold .......................................................

244

143

277

303

24.2%

Properties Pending Sale .......................................

269

248

298

274

1.9%

Properties For Sale ................................................

990

815

1,020

1,083

9.4%

Days on Market (Pending Sale) ...........................

40

54

44

58

43.7%

Month’s Supply of Inventory ................................

4.1

5.7

3.7

3.6

-11.9%

Percent Under Contract ........................................

27.2%

30.4%

29.2%

25.3%

-6.9%

Average Median Price for Last 12 Months ........

$1,214,071

$1,279,490

$1,284,854

$1,288,469

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 AUG

$1.375

SEP

$1,178,340

OCT NOV

MEDIAN SALES PRICE

DEC

$616

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.178 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

El Segundo DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,020,000

$1,153,162

$1,435,000

$1,315,000

28.9%

Average Price per Square Foot ...........................

$495

$530

$576

$709

43.2%

Properties Sold .......................................................

5

6

3

9

80.0%

Properties Pending Sale .......................................

8

7

14

8

0.0%

Properties For Sale ................................................

26

18

35

30

15.4%

Days on Market (Pending Sale) ...........................

21

83

23

50

138.1%

Month’s Supply of Inventory ................................

5.2

3

11.7

3.3

-35.9%

Percent Under Contract ........................................

30.8%

38.9%

40.0%

26.7%

-13.3%

Average Median Price for Last 12 Months ........

$1,005,000

$1,281,140

$1,286,667

$1,218,385

21.2%

*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 AUG

$1.020

SEP

$1,315,000

OCT NOV

MEDIAN SALES PRICE

DEC

$709

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.315 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Hermosa Beach DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,799,000

$1,449,000

$1,574,500

$1,800,000

0.1%

Average Price per Square Foot ...........................

$932

$774

$1,077

$1,197

28.4%

Properties Sold .......................................................

11

5

12

17

54.5%

Properties Pending Sale .......................................

10

11

9

16

60.0%

Properties For Sale ................................................

41

40

58

62

51.2%

Days on Market (Pending Sale) ...........................

47

46

39

40

-14.9%

Month’s Supply of Inventory ................................

3.7

8

4.8

3.6

-2.2%

Percent Under Contract ........................................

24.4%

27.5%

15.5%

25.8%

5.8%

Average Median Price for Last 12 Months ........

$1,626,079

$1,596,979

$1,613,083

$1,788,894

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 AUG

$1.799

SEP

$1,800,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,197

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Manhattan Beach DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$2,260,000

$1,850,000

$2,500,000

$1,830,000

-19.0%

Average Price per Square Foot ...........................

$1,452

$1,045

$1,131

$973

-33.0%

Properties Sold .......................................................

25

15

35

34

36.0%

Properties Pending Sale .......................................

25

27

29

30

20.0%

Properties For Sale ................................................

106

110

153

155

46.2%

Days on Market (Pending Sale) ...........................

33

44

42

39

18.2%

Month’s Supply of Inventory ................................

4.2

7.3

4.4

4.6

7.5%

Percent Under Contract ........................................

23.6%

24.5%

19.0%

19.4%

-17.9%

Average Median Price for Last 12 Months ........

$2,081,667

$2,324,917

$2,170,667

$2,195,577

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 AUG

$2.260

SEP

$1,830,000

OCT NOV

MEDIAN SALES PRICE

DEC

$973

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.830 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Palos Verdes Estates DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$2,101,000

$1,799,500

$1,724,500

$2,151,000

2.4%

Average Price per Square Foot ...........................

$753

$756

$728

$841

11.7%

Properties Sold .......................................................

12

16

20

17

41.7%

Properties Pending Sale .......................................

26

15

16

8

-69.2%

Properties For Sale ................................................

82

88

87

96

17.1%

Days on Market (Pending Sale) ...........................

62

48

44

223

259.7%

Month’s Supply of Inventory ................................

6.8

5.5

4.4

5.6

-17.4%

Percent Under Contract ........................................

31.7%

17.0%

18.4%

8.3%

-73.7%

Average Median Price for Last 12 Months ........

$1,832,063

$1,915,042

$2,131,667

$1,805,688

-1.4%

*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 AUG

$2.101

SEP

$2,151,000

OCT NOV

MEDIAN SALES PRICE

DEC

$841

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.151 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Rancho Palos Verdes DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,240,000

$1,390,000

$1,335,000

$1,201,250

-3.1%

Average Price per Square Foot ...........................

$512

$522

$580

$577

12.7%

Properties Sold .......................................................

29

16

35

40

37.9%

Properties Pending Sale .......................................

39

38

56

35

-10.3%

Properties For Sale ................................................

181

121

181

187

3.3%

Days on Market (Pending Sale) ...........................

61

60

40

47

-23.0%

Month’s Supply of Inventory ................................

6.2

7.6

5.2

4.7

-25.1%

Percent Under Contract ........................................

21.5%

31.4%

30.9%

18.7%

-13.1%

Average Median Price for Last 12 Months ........

$1,172,292

$1,250,792

$1,262,417

$1,231,487

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 AUG

$1.240

SEP

$1,201,250

OCT NOV

MEDIAN SALES PRICE

DEC

$577

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.201 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Redondo Beach- North DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$847,000

$710,000

$850,500

$935,000

10.4%

Average Price per Square Foot ...........................

$579

$677

$581

$601

3.8%

Properties Sold .......................................................

18

3

25

19

5.6%

Properties Pending Sale .......................................

19

16

9

19

0.0%

Properties For Sale ................................................

49

35

28

54

10.2%

Days on Market (Pending Sale) ...........................

43

43

19

25

-41.9%

Month’s Supply of Inventory ................................

2.7

11.7

1.1

2.8

4.4%

Percent Under Contract ........................................

38.8%

45.7%

32.1%

35.2%

-9.3%

Average Median Price for Last 12 Months ........

$850,465

$939,792

$975,000

$892,212

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 AUG

$847

SEP

$935,000

OCT NOV

MEDIAN SALES PRICE

DEC

$601

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$935 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Redondo Beach- South DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,170,000

$1,200,000

$1,436,000

$1,218,500

4.1%

Average Price per Square Foot ...........................

$816

$720

$664

$669

-18.0%

Properties Sold .......................................................

14

11

15

22

57.1%

Properties Pending Sale .......................................

17

14

24

17

0.0%

Properties For Sale ................................................

58

39

60

56

-3.4%

Days on Market (Pending Sale) ...........................

35

55

22

51

45.7%

Month’s Supply of Inventory ................................

4.1

3.5

4

2.5

-38.6%

Percent Under Contract ........................................

29.3%

35.9%

40.0%

30.4%

3.6%

Average Median Price for Last 12 Months ........

$1,168,125

$1,397,083

$1,307,167

$1,296,596

11.0%

*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 AUG

$1.170

SEP

$1,218,500

OCT NOV

MEDIAN SALES PRICE

DEC

$669

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.218 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Rolling Hills DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$4,530,000

$2,750,000

$2,000,000

$1,650,000

-63.6%

Average Price per Square Foot ...........................

$924

$795

$582

$597

-35.4%

Properties Sold .......................................................

3

2

3

2

-33.3%

Properties Pending Sale .......................................

4

1

3

2

-50.0%

Properties For Sale ................................................

30

21

24

30

0.0%

Days on Market (Pending Sale) ...........................

40

143

154

67

67.5%

Month’s Supply of Inventory ................................

10

10.5

8

15

50.0%

Percent Under Contract ........................................

13.3%

4.8%

12.5%

6.7%

-50.0%

Average Median Price for Last 12 Months ........

$3,367,961

$3,241,930

$3,556,250

$3,290,415

-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 $4.530

AUG SEP

$1,650,000

OCT NOV

MEDIAN SALES PRICE

DEC

$597

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

15 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Rolling Hills Estates DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,777,250

$1,285,500

$1,360,000

$1,389,854

-21.8%

Average Price per Square Foot ...........................

$563

$568

$555

$557

-1.1%

Properties Sold .......................................................

12

7

16

7

-41.7%

Properties Pending Sale .......................................

8

10

10

7

-12.5%

Properties For Sale ................................................

31

27

35

40

29.0%

Days on Market (Pending Sale) ...........................

47

51

73

70

48.9%

Month’s Supply of Inventory ................................

2.6

3.9

2.2

5.7

121.2%

Percent Under Contract ........................................

25.8%

37.0%

28.6%

17.5%

-32.2%

Average Median Price for Last 12 Months ........

$1,465,378

$1,510,559

$1,642,785

$1,628,239

11.1%

*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 AUG

$1.777

SEP

$1,389,854

OCT NOV

MEDIAN SALES PRICE

DEC

$557

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.389 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

San Pedro DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$547,000

$592,814

$652,450

$656,500

20.0%

Average Price per Square Foot ...........................

$377

$345

$389

$373

-1.1%

Properties Sold .......................................................

38

17

38

24

-36.8%

Properties Pending Sale .......................................

34

34

43

38

11.8%

Properties For Sale ................................................

143

111

132

158

10.5%

Days on Market (Pending Sale) ...........................

42

41

56

42

0.0%

Month’s Supply of Inventory ................................

3.8

6.5

3.5

6.6

74.9%

Percent Under Contract ........................................

23.8%

30.6%

32.6%

24.1%

1.2%

Average Median Price for Last 12 Months ........

$535,563

$611,117

$618,083

$589,193

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 AUG

$547

SEP

$656,500

OCT NOV

MEDIAN SALES PRICE

DEC

$373

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$656 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Torrance- County Strip DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$516,000

$510,000

$450,000

$580,000

12.4%

Average Price per Square Foot ...........................

$275

$314

$336

$324

17.8%

Properties Sold .......................................................

6

6

9

4

-33.3%

Properties Pending Sale .......................................

7

3

5

10

42.9%

Properties For Sale ................................................

22

22

20

20

-9.1%

Days on Market (Pending Sale) ...........................

16

19

35

58

262.5%

Month’s Supply of Inventory ................................

3.7

3.7

2.2

5

36.4%

Percent Under Contract ........................................

31.8%

13.6%

25.0%

50.0%

57.1%

Average Median Price for Last 12 Months ........

$458,229

$502,333

$530,000

$495,481

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 AUG

$516

SEP

$580,000

OCT NOV

MEDIAN SALES PRICE

DEC

$324

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$580 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Torrance- North DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$620,000

$605,000

$643,000

$645,000

4.0%

Average Price per Square Foot ...........................

$387

$423

$452

$433

11.9%

Properties Sold .......................................................

15

15

17

27

80.0%

Properties Pending Sale .......................................

21

21

17

24

14.3%

Properties For Sale ................................................

61

55

44

58

-4.9%

Days on Market (Pending Sale) ...........................

36

51

30

36

0.0%

Month’s Supply of Inventory ................................

4.1

3.7

2.6

2.1

-47.2%

Percent Under Contract ........................................

34.4%

38.2%

38.6%

41.4%

20.2%

Average Median Price for Last 12 Months ........

$456,688

$621,000

$623,667

$612,767

34.2%

*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 AUG

$620

SEP

$645,000

OCT NOV

MEDIAN SALES PRICE

DEC

$433

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Torrance- South DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$875,000

$887,000

$912,000

$902,500

3.1%

Average Price per Square Foot ...........................

$437

$464

$519

$495

13.3%

Properties Sold .......................................................

17

8

23

30

76.5%

Properties Pending Sale .......................................

19

15

30

24

26.3%

Properties For Sale ................................................

72

43

67

58

-19.4%

Days on Market (Pending Sale) ...........................

46

40

19

32

-30.4%

Month’s Supply of Inventory ................................

4.2

5.4

2.9

1.9

-54.4%

Percent Under Contract ........................................

26.4%

34.9%

44.8%

41.4%

56.8%

Average Median Price for Last 12 Months ........

$830,637

$878,767

$866,833

$863,778

4.0%

*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 AUG

$875

SEP

$902,500

OCT NOV

MEDIAN SALES PRICE

DEC

$495

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$902 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Torrance- Southeast DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$563,750

$600,000

$690,000

$572,500

1.6%

Average Price per Square Foot ...........................

$351

$429

$396

$404

15.1%

Properties Sold .......................................................

22

7

13

26

18.2%

Properties Pending Sale .......................................

20

22

21

23

15.0%

Properties For Sale ................................................

52

53

61

43

-17.3%

Days on Market (Pending Sale) ...........................

47

38

28

62

31.9%

Month’s Supply of Inventory ................................

2.4

7.6

4.7

1.7

-30.0%

Percent Under Contract ........................................

38.5%

41.5%

34.4%

53.5%

39.1%

Average Median Price for Last 12 Months ........

$594,506

$624,958

$630,250

$609,212

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 AUG

$563

SEP

$572,500

OCT NOV

MEDIAN SALES PRICE

DEC

$404

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Torrance- West DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$767,500

$755,000

$865,000

$828,000

7.9%

Average Price per Square Foot ...........................

$472

$471

$500

$492

4.2%

Properties Sold .......................................................

17

9

13

25

47.1%

Properties Pending Sale .......................................

12

14

12

13

8.3%

Properties For Sale ................................................

36

32

35

36

0.0%

Days on Market (Pending Sale) ...........................

30

45

32

29

-3.3%

Month’s Supply of Inventory ................................

2.1

3.6

2.7

1.4

-32.0%

Percent Under Contract ........................................

33.3%

43.8%

34.3%

36.1%

8.3%

Average Median Price for Last 12 Months ........

$766,408

$829,500

$830,167

$809,115

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 AUG

$767

SEP

$828,000

OCT NOV

MEDIAN SALES PRICE

DEC

$492

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$828 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

San Fernando Valley Macro Market DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$869,286

$863,929

$854,143

$959,286

10.4%

Average Price per Square Foot ...........................

$437

$427

$463

$450

3.1%

Properties Sold .......................................................

38

20

32

36

-5.7%

Properties Pending Sale .......................................

39

32

40

42

5.8%

Properties For Sale ................................................

84

61

73

86

2.1%

Days on Market (Pending Sale) ...........................

54

66

52

57

4.9%

Month’s Supply of Inventory ................................

2.2

3.1

2.3

2.4

8.3%

Percent Under Contract ........................................

46.9%

53.5%

54.7%

48.5%

3.6%

Average Median Price for Last 12 Months ........

$794,430

$908,869

$921,405

$864,033

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 AUG

$869

SEP

$959,286

OCT NOV

MEDIAN SALES PRICE

DEC

$450

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$959 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Burbank DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$715,000

$718,000

$695,000

$765,000

7.0%

Average Price per Square Foot ...........................

$485

$457

$475

$473

-2.5%

Properties Sold .......................................................

53

21

45

57

7.5%

Properties Pending Sale .......................................

48

49

72

76

58.3%

Properties For Sale ................................................

94

65

84

95

1.1%

Days on Market (Pending Sale) ...........................

44

60

50

55

25.0%

Month’s Supply of Inventory ................................

1.8

3.1

1.9

1.7

-6.0%

Percent Under Contract ........................................

51.1%

75.4%

85.7%

80.0%

56.7%

Average Median Price for Last 12 Months ........

$673,667

$731,500

$746,667

$724,846

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 AUG

$715

SEP

$765,000

OCT NOV

MEDIAN SALES PRICE

DEC

$473

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$765 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Encino DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,229,000

$963,000

$1,340,000

$1,275,000

3.7%

Average Price per Square Foot ...........................

$521

$456

$508

$474

-9.0%

Properties Sold .......................................................

49

26

46

57

16.3%

Properties Pending Sale .......................................

49

43

54

38

-22.4%

Properties For Sale ................................................

136

98

118

141

3.7%

Days on Market (Pending Sale) ...........................

49

79

68

74

51.0%

Month’s Supply of Inventory ................................

2.8

3.8

2.6

2.5

-10.9%

Percent Under Contract ........................................

36.0%

43.9%

45.8%

27.0%

-25.2%

Average Median Price for Last 12 Months ........

$1,135,146

$1,289,500

$1,287,333

$1,192,077

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 AUG

$1.229

SEP

$1,275,000

OCT NOV

MEDIAN SALES PRICE

DEC

$474

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Glendale DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$768,000

$795,000

$837,000

$854,000

11.2%

Average Price per Square Foot ...........................

$426

$437

$457

$448

5.2%

Properties Sold .......................................................

80

30

53

58

-27.5%

Properties Pending Sale .......................................

60

58

65

77

28.3%

Properties For Sale ................................................

129

82

120

140

8.5%

Days on Market (Pending Sale) ...........................

43

67

41

59

37.2%

Month’s Supply of Inventory ................................

1.6

2.7

2.3

2.4

49.7%

Percent Under Contract ........................................

46.5%

70.7%

54.2%

55.0%

18.2%

Average Median Price for Last 12 Months ........

$764,333

$854,167

$863,667

$823,615

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 AUG

$768

SEP

$854,000

OCT NOV

MEDIAN SALES PRICE

DEC

$448

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$854 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

La Crescenta DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$788,000

$720,000

$801,000

$894,000

13.5%

Average Price per Square Foot ...........................

$425

$452

$485

$496

16.7%

Properties Sold .......................................................

21

9

22

24

14.3%

Properties Pending Sale .......................................

24

10

21

35

45.8%

Properties For Sale ................................................

29

22

25

38

31.0%

Days on Market (Pending Sale) ...........................

49

51

50

50

2.0%

Month’s Supply of Inventory ................................

1.4

2.4

1.1

1.6

14.7%

Percent Under Contract ........................................

82.8%

45.5%

84.0%

92.1%

11.3%

Average Median Price for Last 12 Months ........

$731,583

$822,667

$847,333

$792,692

8.4%

*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 AUG

$788

SEP

$894,000

OCT NOV

MEDIAN SALES PRICE

DEC

$496

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$894 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

North Hollywood DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$523,000

$510,000

$530,000

$496,000

-5.2%

Average Price per Square Foot ...........................

$372

$360

$381

$384

3.2%

Properties Sold .......................................................

40

34

36

31

-22.5%

Properties Pending Sale .......................................

48

51

37

37

-22.9%

Properties For Sale ................................................

82

59

50

54

-34.1%

Days on Market (Pending Sale) ...........................

40

71

65

36

-10.0%

Month’s Supply of Inventory ................................

2

1.7

1.4

1.7

-15.0%

Percent Under Contract ........................................

58.5%

86.4%

74.0%

68.5%

17.1%

Average Median Price for Last 12 Months ........

$468,458

$514,833

$511,667

$513,615

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 AUG

$523

SEP

$496,000

OCT NOV

MEDIAN SALES PRICE

DEC

$384

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$496 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Shadow Hills DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$655,000

$893,000

$610,000

$625,000

-4.6%

Average Price per Square Foot ...........................

$327

$282

$591

$407

24.5%

Properties Sold .......................................................

5

1

1

5

0.0%

Properties Pending Sale .......................................

7

4

5

7

0.0%

Properties For Sale ................................................

7

10

9

15

114.3%

Days on Market (Pending Sale) ...........................

59

68

29

49

-16.9%

Month’s Supply of Inventory ................................

1.4

10

9

3

114.3%

Percent Under Contract ........................................

100.0%

40.0%

55.6%

46.7%

-53.3%

Average Median Price for Last 12 Months ........

$790,182

$793,000

$681,000

$722,769

-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 AUG

$655

SEP

$625,000

OCT NOV

MEDIAN SALES PRICE

DEC

$407

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Sherman Oaks DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,030,000

$1,000,000

$1,068,000

$1,145,000

11.2%

Average Price per Square Foot ...........................

$468

$479

$505

$480

2.6%

Properties Sold .......................................................

67

33

52

54

-19.4%

Properties Pending Sale .......................................

76

63

73

65

-14.5%

Properties For Sale ................................................

143

119

146

164

14.7%

Days on Market (Pending Sale) ...........................

48

71

53

57

18.8%

Month’s Supply of Inventory ................................

2.1

3.6

2.8

3

42.3%

Percent Under Contract ........................................

53.1%

52.9%

50.0%

39.6%

-25.4%

Average Median Price for Last 12 Months ........

$945,271

$1,141,500

$1,138,667

$1,048,154

10.9%

*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 AUG

$1.030

SEP

$1,145,000

OCT NOV

MEDIAN SALES PRICE

DEC

$480

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.145 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Studio City DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,305,000

$1,415,000

$1,535,000

$1,565,000

19.9%

Average Price per Square Foot ...........................

$560

$645

$607

$590

5.4%

Properties Sold .......................................................

32

18

32

35

9.4%

Properties Pending Sale .......................................

35

23

44

35

0.0%

Properties For Sale ................................................

116

77

85

102

-12.1%

Days on Market (Pending Sale) ...........................

58

56

49

66

13.8%

Month’s Supply of Inventory ................................

3.6

4.3

2.7

2.9

-19.6%

Percent Under Contract ........................................

30.2%

29.9%

51.8%

34.3%

13.7%

Average Median Price for Last 12 Months ........

$1,206,708

$1,441,333

$1,435,000

$1,390,077

15.2%

*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 AUG

$1.305

SEP

$1,565,000

OCT NOV

MEDIAN SALES PRICE

DEC

$590

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.565 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Sun Valley DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$450,000

$574,000

$460,000

$518,000

15.1%

Average Price per Square Foot ...........................

$369

$348

$313

$350

-5.1%

Properties Sold .......................................................

21

12

19

18

-14.3%

Properties Pending Sale .......................................

25

17

19

20

-20.0%

Properties For Sale ................................................

41

26

31

25

-39.0%

Days on Market (Pending Sale) ...........................

55

60

52

65

18.2%

Month’s Supply of Inventory ................................

2

2.2

1.6

1.4

-28.9%

Percent Under Contract ........................................

61.0%

65.4%

61.3%

80.0%

31.2%

Average Median Price for Last 12 Months ........

$423,917

$465,000

$482,333

$462,615

9.1%

*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 AUG

$450

SEP

$518,000

OCT NOV

MEDIAN SALES PRICE

DEC

$350

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$518 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Sunland/Tujunga DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$553,000

$447,000

$582,000

$550,000

-0.5%

Average Price per Square Foot ...........................

$352

$355

$344

$362

2.8%

Properties Sold .......................................................

34

19

30

49

44.1%

Properties Pending Sale .......................................

47

36

34

45

-4.3%

Properties For Sale ................................................

81

48

59

71

-12.3%

Days on Market (Pending Sale) ...........................

50

62

47

48

-4.0%

Month’s Supply of Inventory ................................

2.4

2.5

2

1.4

-39.2%

Percent Under Contract ........................................

58.0%

75.0%

57.6%

63.4%

9.2%

Average Median Price for Last 12 Months ........

$491,125

$546,500

$546,333

$523,462

6.6%

*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 AUG

$553

SEP

$550,000

OCT NOV

MEDIAN SALES PRICE

DEC

$362

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Tarzana DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$713,000

$950,000

$915,000

$1,150,000

61.3%

Average Price per Square Foot ...........................

$358

$412

$384

$429

19.8%

Properties Sold .......................................................

26

25

27

29

11.5%

Properties Pending Sale .......................................

43

23

39

41

-4.7%

Properties For Sale ................................................

112

77

82

103

-8.0%

Days on Market (Pending Sale) ...........................

65

71

71

67

3.1%

Month’s Supply of Inventory ................................

4.3

3.1

3

3.6

-17.5%

Percent Under Contract ........................................

38.4%

29.9%

47.6%

39.8%

3.7%

Average Median Price for Last 12 Months ........

$888,250

$1,033,167

$1,097,000

$938,231

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 AUG

$713

SEP

$1,150,000

OCT NOV

MEDIAN SALES PRICE

DEC

$429

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.150 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 : August 2016

telesproperties.com

Toluca Lake DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,625,000

$1,553,000

$955,000

$1,777,000

9.4%

Average Price per Square Foot ...........................

$607

$473

$552

$577

-4.9%

Properties Sold .......................................................

7

2

3

6

-14.3%

Properties Pending Sale .......................................

8

5

3

5

-37.5%

Properties For Sale ................................................

18

14

14

23

27.8%

Days on Market (Pending Sale) ...........................

100

83

50

78

-22.0%

Month’s Supply of Inventory ................................

2.6

7

4.7

3.8

49.1%

Percent Under Contract ........................................

44.4%

35.7%

21.4%

21.7%

-51.1%

Average Median Price for Last 12 Months ........

$1,050,042

$1,407,000

$1,549,000

$1,313,846

25.1%

*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 AUG

$1.625

SEP

$1,777,000

OCT NOV

MEDIAN SALES PRICE

DEC

$577

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.777 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Valley Village DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,118,000

$829,000

$890,000

$1,083,000

-3.1%

Average Price per Square Foot ...........................

$493

$479

$523

$473

-4.1%

Properties Sold .......................................................

16

5

16

17

6.2%

Properties Pending Sale .......................................

8

11

26

20

150.0%

Properties For Sale ................................................

18

15

32

39

116.7%

Days on Market (Pending Sale) ...........................

42

44

33

45

7.1%

Month’s Supply of Inventory ................................

1.1

3

2

2.3

103.9%

Percent Under Contract ........................................

44.4%

73.3%

81.2%

51.3%

15.4%

Average Median Price for Last 12 Months ........

$844,750

$920,000

$956,667

$891,462

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 AUG

$1.118

SEP

$1,083,000

OCT NOV

MEDIAN SALES PRICE

DEC

$473

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Woodland Hills DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$698,000

$728,000

$740,000

$733,000

5.0%

Average Price per Square Foot ...........................

$352

$339

$358

$360

2.3%

Properties Sold .......................................................

76

41

66

57

-25.0%

Properties Pending Sale .......................................

74

61

68

83

12.2%

Properties For Sale ................................................

172

137

169

193

12.2%

Days on Market (Pending Sale) ...........................

57

81

63

47

-17.5%

Month’s Supply of Inventory ................................

2.3

3.3

2.6

3.4

49.6%

Percent Under Contract ........................................

43.0%

44.5%

40.2%

43.0%

-0.0%

Average Median Price for Last 12 Months ........

$708,583

$764,000

$757,000

$759,000

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 AUG

$698

SEP

$733,000

OCT NOV

MEDIAN SALES PRICE

DEC

$360

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$733 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

San Gabriel Valley Macro Market DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$978,750

$1,002,583

$990,333

$1,020,417

4.3%

Average Price per Square Foot ...........................

$512

$515

$534

$534

4.2%

Properties Sold .......................................................

27

16

27

30

8.2%

Properties Pending Sale .......................................

30

23

28

31

1.9%

Properties For Sale ................................................

77

60

70

70

-9.2%

Days on Market (Pending Sale) ...........................

46

65

55

48

3.1%

Month’s Supply of Inventory ................................

2.8

3.7

2.6

2.4

-16.1%

Percent Under Contract ........................................

39.0%

38.6%

40.0%

43.7%

12.3%

Average Median Price for Last 12 Months ........

$977,853

$1,020,875

$1,024,833

$1,010,006

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 AUG

$978

SEP

$1,020,417

OCT NOV

MEDIAN SALES PRICE

DEC

$534

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.020 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Alhambra DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$624,000

$560,000

$568,000

$624,000

0.0%

Average Price per Square Foot ...........................

$395

$430

$423

$436

10.4%

Properties Sold .......................................................

14

13

28

26

85.7%

Properties Pending Sale .......................................

25

26

24

20

-20.0%

Properties For Sale ................................................

50

43

44

40

-20.0%

Days on Market (Pending Sale) ...........................

36

56

51

44

22.2%

Month’s Supply of Inventory ................................

3.6

3.3

1.6

1.5

-56.9%

Percent Under Contract ........................................

50.0%

60.5%

54.5%

50.0%

0.0%

Average Median Price for Last 12 Months ........

$526,167

$597,167

$618,667

$595,231

13.1%

*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 AUG

$624

SEP

$624,000

OCT NOV

MEDIAN SALES PRICE

DEC

$436

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$624 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Altadena DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$655,000

$688,000

$763,000

$745,000

13.7%

Average Price per Square Foot ...........................

$441

$426

$479

$468

6.1%

Properties Sold .......................................................

31

23

40

51

64.5%

Properties Pending Sale .......................................

44

29

39

48

9.1%

Properties For Sale ................................................

54

52

67

54

0.0%

Days on Market (Pending Sale) ...........................

43

58

53

56

30.2%

Month’s Supply of Inventory ................................

1.7

2.3

1.7

1.1

-39.2%

Percent Under Contract ........................................

81.5%

55.8%

58.2%

88.9%

9.1%

Average Median Price for Last 12 Months ........

$655,083

$726,833

$717,333

$710,385

8.4%

*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 AUG

$655

SEP

$745,000

OCT NOV

MEDIAN SALES PRICE

DEC

$468

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$745 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Arcadia DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,183,000

$1,360,000

$1,144,000

$1,335,000

12.8%

Average Price per Square Foot ...........................

$560

$524

$553

$521

-7.0%

Properties Sold .......................................................

42

23

44

44

4.8%

Properties Pending Sale .......................................

55

39

39

59

7.3%

Properties For Sale ................................................

277

208

214

233

-15.9%

Days on Market (Pending Sale) ...........................

57

76

57

69

21.1%

Month’s Supply of Inventory ................................

6.6

9

4.9

5.3

-19.7%

Percent Under Contract ........................................

19.9%

18.8%

18.2%

25.3%

27.5%

Average Median Price for Last 12 Months ........

$1,310,875

$1,230,500

$1,366,000

$1,277,769

-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 AUG

$1.183

SEP

$1,335,000

OCT NOV

MEDIAN SALES PRICE

DEC

$521

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.335 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Duarte DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$409,000

$398,000

$445,000

$445,000

8.8%

Average Price per Square Foot ...........................

$362

$389

$386

$367

1.4%

Properties Sold .......................................................

11

12

15

16

45.5%

Properties Pending Sale .......................................

14

16

22

15

7.1%

Properties For Sale ................................................

29

31

27

37

27.6%

Days on Market (Pending Sale) ...........................

44

65

78

58

31.8%

Month’s Supply of Inventory ................................

2.6

2.6

1.8

2.3

-12.3%

Percent Under Contract ........................................

48.3%

51.6%

81.5%

40.5%

-16.0%

Average Median Price for Last 12 Months ........

$443,083

$480,000

$498,333

$465,154

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 AUG

$409

SEP

$445,000

OCT NOV

MEDIAN SALES PRICE

DEC

$367

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$445 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Eagle Rock DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$740,000

$763,000

$753,000

$785,000

6.1%

Average Price per Square Foot ...........................

$435

$492

$509

$545

25.3%

Properties Sold .......................................................

16

10

30

19

18.8%

Properties Pending Sale .......................................

21

21

16

17

-19.0%

Properties For Sale ................................................

32

26

28

29

-9.4%

Days on Market (Pending Sale) ...........................

44

77

41

36

-18.2%

Month’s Supply of Inventory ................................

2

2.6

0.9

1.5

-23.7%

Percent Under Contract ........................................

65.6%

80.8%

57.1%

58.6%

-10.7%

Average Median Price for Last 12 Months ........

$698,917

$788,167

$818,333

$746,846

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 AUG

$740

SEP

$785,000

OCT NOV

MEDIAN SALES PRICE

DEC

$545

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

La Canada Flintridge DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,618,000

$1,412,000

$1,625,000

$1,800,000

11.2%

Average Price per Square Foot ...........................

$606

$566

$632

$632

4.3%

Properties Sold .......................................................

28

12

24

25

-10.7%

Properties Pending Sale .......................................

24

22

22

21

-12.5%

Properties For Sale ................................................

71

42

71

54

-23.9%

Days on Market (Pending Sale) ...........................

59

63

41

50

-15.3%

Month’s Supply of Inventory ................................

2.5

3.5

3

2.2

-14.8%

Percent Under Contract ........................................

33.8%

52.4%

31.0%

38.9%

15.0%

Average Median Price for Last 12 Months ........

$1,567,002

$1,689,167

$1,687,333

$1,628,231

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 AUG

$1.618

SEP

$1,800,000

OCT NOV

MEDIAN SALES PRICE

DEC

$632

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Monrovia DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$610,000

$640,000

$588,000

$585,000

-4.1%

Average Price per Square Foot ...........................

$394

$424

$420

$421

6.9%

Properties Sold .......................................................

33

21

24

25

-24.2%

Properties Pending Sale .......................................

27

21

25

26

-3.7%

Properties For Sale ................................................

59

47

49

59

0.0%

Days on Market (Pending Sale) ...........................

55

64

52

27

-50.9%

Month’s Supply of Inventory ................................

1.8

2.2

2

2.4

32.0%

Percent Under Contract ........................................

45.8%

44.7%

51.0%

44.1%

-3.7%

Average Median Price for Last 12 Months ........

$596,000

$631,833

$644,667

$639,385

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 AUG

$610

SEP

$585,000

OCT NOV

MEDIAN SALES PRICE

DEC

$421

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

Pasadena DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$774,000

$750,000

$883,000

$841,000

8.7%

Average Price per Square Foot ...........................

$517

$489

$537

$537

3.9%

Properties Sold .......................................................

84

46

68

80

-4.8%

Properties Pending Sale .......................................

92

65

84

94

2.2%

Properties For Sale ................................................

183

158

207

188

2.7%

Days on Market (Pending Sale) ...........................

46

58

62

51

10.9%

Month’s Supply of Inventory ................................

2.2

3.4

3

2.4

7.9%

Percent Under Contract ........................................

50.3%

41.1%

40.6%

50.0%

-0.5%

Average Median Price for Last 12 Months ........

$769,917

$851,500

$850,333

$821,692

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 AUG

$774

SEP

$841,000

OCT NOV

MEDIAN SALES PRICE

DEC

$537

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$841 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

San Gabriel DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$682,000

$788,000

$690,000

$710,000

4.1%

Average Price per Square Foot ...........................

$421

$467

$477

$440

4.5%

Properties Sold .......................................................

32

12

21

20

-37.5%

Properties Pending Sale .......................................

33

14

24

26

-21.2%

Properties For Sale ................................................

78

50

60

60

-23.1%

Days on Market (Pending Sale) ...........................

50

74

70

49

-2.0%

Month’s Supply of Inventory ................................

2.4

4.2

2.9

3

23.1%

Percent Under Contract ........................................

42.3%

28.0%

40.0%

43.3%

2.4%

Average Median Price for Last 12 Months ........

$707,375

$720,333

$701,000

$724,923

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 AUG

$682

SEP

$710,000

OCT NOV

MEDIAN SALES PRICE

DEC

$440

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

San Marino DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$2,115,000

$2,350,000

$2,159,000

$1,900,000

-10.2%

Average Price per Square Foot ...........................

$851

$956

$904

$916

7.6%

Properties Sold .......................................................

14

13

12

17

21.4%

Properties Pending Sale .......................................

10

12

16

19

90.0%

Properties For Sale ................................................

41

37

37

47

14.6%

Days on Market (Pending Sale) ...........................

55

79

59

58

5.5%

Month’s Supply of Inventory ................................

2.9

2.8

3.1

2.8

-5.6%

Percent Under Contract ........................................

24.4%

32.4%

43.2%

40.4%

65.7%

Average Median Price for Last 12 Months ........

$2,308,750

$2,297,000

$2,173,000

$2,259,231

-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 AUG

$2.115

SEP

$1,900,000

OCT NOV

MEDIAN SALES PRICE

DEC

$916

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Sierra Madre DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,065,000

$1,377,000

$765,000

$1,290,000

21.1%

Average Price per Square Foot ...........................

$526

$473

$479

$532

1.1%

Properties Sold .......................................................

6

4

13

13

116.7%

Properties Pending Sale .......................................

3

3

12

8

166.7%

Properties For Sale ................................................

23

14

22

21

-8.7%

Days on Market (Pending Sale) ...........................

37

45

53

45

21.6%

Month’s Supply of Inventory ................................

3.8

3.5

1.7

1.6

-57.9%

Percent Under Contract ........................................

13.0%

21.4%

54.5%

38.1%

192.1%

Average Median Price for Last 12 Months ........

$938,750

$931,500

$983,667

$999,077

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 AUG

$1.065

SEP

$1,290,000

OCT NOV

MEDIAN SALES PRICE

DEC

$532

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.290 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

South Pasadena DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,270,000

$945,000

$1,501,000

$1,185,000

-6.7%

Average Price per Square Foot ...........................

$637

$540

$607

$591

-7.2%

Properties Sold .......................................................

17

7

10

19

11.8%

Properties Pending Sale .......................................

12

10

14

14

16.7%

Properties For Sale ................................................

27

13

17

17

-37.0%

Days on Market (Pending Sale) ...........................

28

63

44

28

0.0%

Month’s Supply of Inventory ................................

1.6

1.9

1.7

0.9

-43.7%

Percent Under Contract ........................................

44.4%

76.9%

82.4%

82.4%

85.3%

Average Median Price for Last 12 Months ........

$1,212,316

$1,306,500

$1,239,333

$1,252,154

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 AUG

$1.270

SEP

$1,185,000

OCT NOV

MEDIAN SALES PRICE

DEC

$591

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

0.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.185 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

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

West Bay - Santa Ana Heights

Dana Point

Mission Viejo

West Newport - Lido

East Bluff - Harbor View

Nelle Gail

Westminster

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Micro Market Report : August 2016

telesproperties.com

County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : August 2016

telesproperties.com

Orange County DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$705,000

$701,500

$730,000

$745,000

5.7%

Average Price per Square Foot ...........................

$420

$454

$432

$438

4.3%

Properties Sold .......................................................

1693

1110

1876

1860

9.9%

Properties Pending Sale .......................................

1783

1642

1975

1867

4.7%

Properties For Sale ................................................

7,480

5,725

7,158

7,731

3.4%

Days on Market (Pending Sale) ...........................

54

58

54

53

-1.9%

Month’s Supply of Inventory ................................

4.4

5.2

3.8

4.2

-5.9%

Percent Under Contract ........................................

23.8%

28.7%

27.6%

24.1%

1.3%

Average Median Price for Last 12 Months ........

$685,433

$733,333

$741,667

$715,115

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 AUG

$705

SEP

$745,000

OCT NOV

MEDIAN SALES PRICE

DEC

$438

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$745 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Aliso Viejo DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$822,500

$749,000

$778,000

$820,000

-0.3%

Average Price per Square Foot ...........................

$356

$363

$371

$382

7.3%

Properties Sold .......................................................

26

23

30

25

-3.8%

Properties Pending Sale .......................................

17

24

38

26

52.9%

Properties For Sale ................................................

76

69

82

77

1.3%

Days on Market (Pending Sale) ...........................

62

33

54

51

-17.7%

Month’s Supply of Inventory ................................

2.9

3

2.7

3.1

5.4%

Percent Under Contract ........................................

22.4%

34.8%

46.3%

33.8%

51.0%

Average Median Price for Last 12 Months ........

$729,000

$767,375

$793,333

$757,904

4.0%

*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 AUG

$822

SEP

$820,000

OCT NOV

MEDIAN SALES PRICE

DEC

$382

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$820 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Balboa Peninsula DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,875,000

$2,775,000

$7,600,000

$1,812,500

-3.3%

Average Price per Square Foot ...........................

$1,105

$1,207

$2,007

$957

-13.4%

Properties Sold .......................................................

6

4

5

4

-33.3%

Properties Pending Sale .......................................

4

4

4

3

-25.0%

Properties For Sale ................................................

34

36

50

53

55.9%

Days on Market (Pending Sale) ...........................

100

96

44

237

137.0%

Month’s Supply of Inventory ................................

5.7

9

10

13.2

133.8%

Percent Under Contract ........................................

11.8%

11.1%

8.0%

5.7%

-51.9%

Average Median Price for Last 12 Months ........

$2,893,500

$4,180,417

$3,730,000

$3,280,192

13.4%

*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 AUG

$1.875

SEP

$1,812,500

OCT NOV

MEDIAN SALES PRICE

DEC

$957

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

13.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.812 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Corona del Mar - Spyglass DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$2,557,000

$3,600,000

$2,850,000

$2,625,000

2.7%

Average Price per Square Foot ...........................

$994

$1,240

$969

$988

-0.6%

Properties Sold .......................................................

14

15

13

12

-14.3%

Properties Pending Sale .......................................

13

12

18

14

7.7%

Properties For Sale ................................................

107

79

92

84

-21.5%

Days on Market (Pending Sale) ...........................

141

110

106

111

-21.3%

Month’s Supply of Inventory ................................

7.6

5.3

7.1

7

-8.4%

Percent Under Contract ........................................

12.1%

15.2%

19.6%

16.7%

37.2%

Average Median Price for Last 12 Months ........

$2,312,566

$2,792,083

$2,841,667

$2,756,192

19.2%

*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 AUG

$2.557

SEP

$2,625,000

OCT NOV

MEDIAN SALES PRICE

DEC

$988

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.625 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 : August 2016

telesproperties.com

Coto de Caza DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,025,000

$1,274,250

$1,145,000

$1,178,775

15.0%

Average Price per Square Foot ...........................

$314

$363

$341

$362

15.3%

Properties Sold .......................................................

13

15

29

15

15.4%

Properties Pending Sale .......................................

13

20

32

25

92.3%

Properties For Sale ................................................

125

122

168

141

12.8%

Days on Market (Pending Sale) ...........................

65

88

65

89

36.9%

Month’s Supply of Inventory ................................

9.6

8.1

5.8

9.4

-2.2%

Percent Under Contract ........................................

10.4%

16.4%

19.0%

17.7%

70.5%

Average Median Price for Last 12 Months ........

$1,169,489

$1,154,221

$1,219,175

$1,173,775

0.4%

*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 AUG

$1.025

SEP

$1,178,775

OCT NOV

MEDIAN SALES PRICE

DEC

$362

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

9.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.178 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Crystal Cove DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$17,370,000

$15,025,000

$0

$6,950,000

-60.0%

Average Price per Square Foot ...........................

$1,372

$1,417

$0

$1,169

-14.8%

Properties Sold .......................................................

7

1

0

3

-57.1%

Properties Pending Sale .......................................

11

3

1

0

-100.0%

Properties For Sale ................................................

21

19

22

21

0.0%

Days on Market (Pending Sale) ...........................

474

192

121

0

-100.0%

Month’s Supply of Inventory ................................

3

19

n/a

7

133.3%

Percent Under Contract ........................................

52.4%

15.8%

4.5%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$7,186,694

$6,050,328

$6,790,917

$8,549,467

19.0%

*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 $17.370

AUG SEP

$6,950,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,169

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$6.950 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 : August 2016

telesproperties.com

Dana Point DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,065,400

$1,606,250

$950,000

$1,217,500

14.3%

Average Price per Square Foot ...........................

$603

$676

$535

$639

6.0%

Properties Sold .......................................................

36

18

33

44

22.2%

Properties Pending Sale .......................................

32

28

41

31

-3.1%

Properties For Sale ................................................

179

151

188

196

9.5%

Days on Market (Pending Sale) ...........................

103

101

89

96

-6.8%

Month’s Supply of Inventory ................................

5

8.4

5.7

4.5

-10.4%

Percent Under Contract ........................................

17.9%

18.5%

21.8%

15.8%

-11.5%

Average Median Price for Last 12 Months ........

$1,020,816

$1,009,856

$1,089,667

$1,044,168

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 AUG

$1.065

SEP

$1,217,500

OCT NOV

MEDIAN SALES PRICE

DEC

$639

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.217 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

East Bluff - Harbor View DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,800,000

$1,750,000

$1,862,500

$1,598,000

-11.2%

Average Price per Square Foot ...........................

$709

$668

$721

$679

-4.2%

Properties Sold .......................................................

25

13

22

27

8.0%

Properties Pending Sale .......................................

30

20

19

25

-16.7%

Properties For Sale ................................................

109

88

119

129

18.3%

Days on Market (Pending Sale) ...........................

98

50

53

81

-17.3%

Month’s Supply of Inventory ................................

4.4

6.8

5.4

4.8

9.6%

Percent Under Contract ........................................

27.5%

22.7%

16.0%

19.4%

-29.6%

Average Median Price for Last 12 Months ........

$1,766,203

$1,841,750

$1,824,333

$1,823,408

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 AUG

$1.800

SEP

$1,598,000

OCT NOV

MEDIAN SALES PRICE

DEC

$679

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$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 : August 2016

telesproperties.com

East Costa Mesa DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$899,000

$1,167,000

$955,000

$1,181,900

31.5%

Average Price per Square Foot ...........................

$495

$520

$591

$544

9.9%

Properties Sold .......................................................

17

15

11

21

23.5%

Properties Pending Sale .......................................

19

12

21

20

5.3%

Properties For Sale ................................................

57

79

71

64

12.3%

Days on Market (Pending Sale) ...........................

51

110

52

58

13.7%

Month’s Supply of Inventory ................................

3.4

5.3

6.5

3

-9.1%

Percent Under Contract ........................................

33.3%

15.2%

29.6%

31.2%

-6.2%

Average Median Price for Last 12 Months ........

$906,167

$1,013,099

$1,099,864

$1,011,530

11.6%

*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 AUG

$899

SEP

$1,181,900

OCT NOV

MEDIAN SALES PRICE

DEC

$544

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.181 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Fountain Valley DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$721,000

$667,000

$738,000

$760,000

5.4%

Average Price per Square Foot ...........................

$389

$396

$369

$383

-1.5%

Properties Sold .......................................................

28

14

37

43

53.6%

Properties Pending Sale .......................................

37

28

36

26

-29.7%

Properties For Sale ................................................

93

69

78

78

-16.1%

Days on Market (Pending Sale) ...........................

49

28

40

29

-40.8%

Month’s Supply of Inventory ................................

3.3

4.9

2.1

1.8

-45.4%

Percent Under Contract ........................................

39.8%

40.6%

46.2%

33.3%

-16.2%

Average Median Price for Last 12 Months ........

$700,708

$740,000

$739,167

$723,185

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 AUG

$721

SEP

$760,000

OCT NOV

MEDIAN SALES PRICE

DEC

$383

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$760 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Huntington Beach DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$848,000

$821,950

$817,500

$820,000

-3.3%

Average Price per Square Foot ...........................

$456

$483

$460

$477

4.6%

Properties Sold .......................................................

106

63

102

129

21.7%

Properties Pending Sale .......................................

108

110

133

138

27.8%

Properties For Sale ................................................

434

316

426

430

-0.9%

Days on Market (Pending Sale) ...........................

62

52

50

55

-11.3%

Month’s Supply of Inventory ................................

4.1

5

4.2

3.3

-18.6%

Percent Under Contract ........................................

24.9%

34.8%

31.2%

32.1%

29.0%

Average Median Price for Last 12 Months ........

$782,917

$812,083

$827,500

$810,385

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 AUG

$848

SEP

$820,000

OCT NOV

MEDIAN SALES PRICE

DEC

$477

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$820 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Irvine DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,042,500

$1,063,150

$1,029,375

$1,086,000

4.2%

Average Price per Square Foot ...........................

$488

$499

$500

$473

-3.1%

Properties Sold .......................................................

76

80

102

113

48.7%

Properties Pending Sale .......................................

98

107

108

105

7.1%

Properties For Sale ................................................

488

341

459

515

5.5%

Days on Market (Pending Sale) ...........................

61

61

60

66

8.2%

Month’s Supply of Inventory ................................

6.4

4.3

4.5

4.6

-29.0%

Percent Under Contract ........................................

20.1%

31.4%

23.5%

20.4%

1.5%

Average Median Price for Last 12 Months ........

$952,333

$1,052,479

$1,083,667

$1,009,425

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 AUG

$1.042

SEP

$1,086,000

OCT NOV

MEDIAN SALES PRICE

DEC

$473

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.086 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Ladera Ranch DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$890,000

$790,000

$885,000

$915,000

2.8%

Average Price per Square Foot ...........................

$341

$338

$350

$317

-7.0%

Properties Sold .......................................................

29

12

37

29

0.0%

Properties Pending Sale .......................................

31

27

30

32

3.2%

Properties For Sale ................................................

144

114

132

146

1.4%

Days on Market (Pending Sale) ...........................

58

58

54

65

12.1%

Month’s Supply of Inventory ................................

5

9.5

3.6

5

1.4%

Percent Under Contract ........................................

21.5%

23.7%

22.7%

21.9%

1.8%

Average Median Price for Last 12 Months ........

$863,092

$875,250

$898,833

$858,027

-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 AUG

$890

SEP

$915,000

OCT NOV

MEDIAN SALES PRICE

DEC

$317

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$915 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Laguna Beach DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,712,100

$2,100,000

$1,995,000

$1,700,000

-0.7%

Average Price per Square Foot ...........................

$976

$2,188

$1,172

$1,287

31.9%

Properties Sold .......................................................

24

16

35

27

12.5%

Properties Pending Sale .......................................

34

28

30

32

-5.9%

Properties For Sale ................................................

278

212

284

294

5.8%

Days on Market (Pending Sale) ...........................

90

106

128

83

-7.8%

Month’s Supply of Inventory ................................

11.6

13.2

8.1

10.9

-6.0%

Percent Under Contract ........................................

12.2%

13.2%

10.6%

10.9%

-11.0%

Average Median Price for Last 12 Months ........

$1,839,748

$1,882,500

$1,743,333

$1,961,046

6.6%

*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 AUG

$1.712

SEP

$1,700,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,287

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

10.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Laguna Niguel DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$795,000

$815,000

$875,000

$858,000

7.9%

Average Price per Square Foot ...........................

$396

$428

$429

$413

4.3%

Properties Sold .......................................................

76

38

65

77

1.3%

Properties Pending Sale .......................................

69

67

50

54

-21.7%

Properties For Sale ................................................

293

228

276

336

14.7%

Days on Market (Pending Sale) ...........................

61

57

58

55

-9.8%

Month’s Supply of Inventory ................................

3.9

6

4.2

4.4

13.2%

Percent Under Contract ........................................

23.5%

29.4%

18.1%

16.1%

-31.8%

Average Median Price for Last 12 Months ........

$828,625

$880,833

$868,333

$861,327

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 AUG

$795

SEP

$858,000

OCT NOV

MEDIAN SALES PRICE

DEC

$413

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$858 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Laguna Hills DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$740,000

$710,000

$817,000

$867,500

17.2%

Average Price per Square Foot ...........................

$352

$344

$372

$386

9.7%

Properties Sold .......................................................

25

13

28

28

12.0%

Properties Pending Sale .......................................

24

27

30

23

-4.2%

Properties For Sale ................................................

147

114

127

133

-9.5%

Days on Market (Pending Sale) ...........................

65

100

79

55

-15.4%

Month’s Supply of Inventory ................................

5.9

8.8

4.5

4.8

-19.2%

Percent Under Contract ........................................

16.3%

23.7%

23.6%

17.3%

5.9%

Average Median Price for Last 12 Months ........

$757,438

$838,167

$883,167

$815,114

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 AUG

$740

SEP

$867,500

OCT NOV

MEDIAN SALES PRICE

DEC

$386

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$867 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Laguna Woods DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$0

$0

$910,000

$0

n/a

Average Price per Square Foot ...........................

$0

$0

$478

$0

n/a

Properties Sold .......................................................

0

0

1

0

n/a

Properties Pending Sale .......................................

0

1

0

0

n/a

Properties For Sale ................................................

1

2

0

1

0.0%

Days on Market (Pending Sale) ...........................

0

9

24

0

n/a

Month’s Supply of Inventory ................................

n/a

n/a

0

n/a

n/a

Percent Under Contract ........................................

0.0%

50.0%

n/a

0.0%

n/a

Average Median Price for Last 12 Months ........

$177,000

$779,500

n/a

$785,667

343.9%

*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 AUG SEP

No sales

OCT NOV

MEDIAN SALES PRICE

DEC

No sales

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

n/a MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Lower Newport Bay - Balboa Island DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$3,509,000

$2,665,000

$2,800,000

$3,075,000

-12.4%

Average Price per Square Foot ...........................

$883

$1,174

$1,294

$1,131

28.1%

Properties Sold .......................................................

50

5

4

4

-92.0%

Properties Pending Sale .......................................

50

7

6

6

-88.0%

Properties For Sale ................................................

302

27

32

38

-87.4%

Days on Market (Pending Sale) ...........................

83

196

57

121

45.8%

Month’s Supply of Inventory ................................

6

5.4

8

9.5

57.3%

Percent Under Contract ........................................

16.6%

25.9%

18.8%

15.8%

-4.6%

Average Median Price for Last 12 Months ........

$3,186,699

$2,960,000

$3,216,667

$3,170,462

-0.5%

*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 AUG

$3.509

SEP

$3,075,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,131

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

9.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$3.075 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Mission Viejo DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$690,000

$670,000

$680,000

$696,000

0.9%

Average Price per Square Foot ...........................

$335

$344

$354

$344

2.7%

Properties Sold .......................................................

107

53

117

101

-5.6%

Properties Pending Sale .......................................

88

90

111

104

18.2%

Properties For Sale ................................................

340

227

314

331

-2.6%

Days on Market (Pending Sale) ...........................

59

62

39

50

-15.3%

Month’s Supply of Inventory ................................

3.2

4.3

2.7

3.3

3.1%

Percent Under Contract ........................................

25.9%

39.6%

35.4%

31.4%

21.4%

Average Median Price for Last 12 Months ........

$652,179

$679,500

$693,667

$673,377

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 AUG

$690

SEP

$696,000

OCT NOV

MEDIAN SALES PRICE

DEC

$344

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$696 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Monarch Beach DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,465,000

$1,728,125

$1,245,000

$1,697,500

15.9%

Average Price per Square Foot ...........................

$657

$809

$664

$847

28.9%

Properties Sold .......................................................

11

7

11

18

63.6%

Properties Pending Sale .......................................

16

14

18

11

-31.2%

Properties For Sale ................................................

82

78

93

88

7.3%

Days on Market (Pending Sale) ...........................

82

104

128

142

73.2%

Month’s Supply of Inventory ................................

7.5

11.1

8.5

4.9

-34.4%

Percent Under Contract ........................................

19.5%

17.9%

19.4%

12.5%

-35.9%

Average Median Price for Last 12 Months ........

$1,381,771

$1,722,083

$1,799,167

$1,780,856

28.9%

*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 AUG

$1.465

SEP

$1,697,500

OCT NOV

MEDIAN SALES PRICE

DEC

$847

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.697 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Nelle Gail DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$760,000

$710,000

$817,000

$887,500

16.8%

Average Price per Square Foot ...........................

$354

$344

$372

$388

9.6%

Properties Sold .......................................................

24

13

28

26

8.3%

Properties Pending Sale .......................................

23

27

29

23

0.0%

Properties For Sale ................................................

143

111

121

130

-9.1%

Days on Market (Pending Sale) ...........................

67

100

81

55

-17.9%

Month’s Supply of Inventory ................................

6

8.5

4.3

5

-16.1%

Percent Under Contract ........................................

16.1%

24.3%

24.0%

17.7%

10.0%

Average Median Price for Last 12 Months ........

$774,300

$843,617

$894,067

$822,053

6.2%

*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 AUG

$760

SEP

$887,500

OCT NOV

MEDIAN SALES PRICE

DEC

$388

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$887 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Newport Beach DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,800,000

$2,075,000

$1,985,300

$1,795,000

-0.3%

Average Price per Square Foot ...........................

$921

$865

$1,005

$769

-16.5%

Properties Sold .......................................................

58

35

47

61

5.2%

Properties Pending Sale .......................................

53

49

57

61

15.1%

Properties For Sale ................................................

339

274

394

415

22.4%

Days on Market (Pending Sale) ...........................

84

88

70

86

2.4%

Month’s Supply of Inventory ................................

5.8

7.8

8.4

6.8

16.4%

Percent Under Contract ........................................

15.6%

17.9%

14.5%

14.7%

-6.0%

Average Median Price for Last 12 Months ........

$1,847,130

$1,945,883

$1,965,000

$1,949,638

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 AUG

$1.800

SEP

$1,795,000

OCT NOV

MEDIAN SALES PRICE

DEC

$769

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.795 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Newport Coast DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$2,918,000

$2,700,000

$2,450,000

$4,375,000

49.9%

Average Price per Square Foot ...........................

$999

$1,028

$898

$974

-2.5%

Properties Sold .......................................................

7

7

11

13

85.7%

Properties Pending Sale .......................................

11

13

18

8

-27.3%

Properties For Sale ................................................

106

95

118

109

2.8%

Days on Market (Pending Sale) ...........................

78

91

60

76

-2.6%

Month’s Supply of Inventory ................................

15.1

13.6

10.7

8.4

-44.6%

Percent Under Contract ........................................

10.4%

13.7%

15.3%

7.3%

-29.3%

Average Median Price for Last 12 Months ........

$3,322,069

$2,848,750

$3,420,000

$2,982,082

-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 AUG

$2.918

SEP

$4,375,000

OCT NOV

MEDIAN SALES PRICE

DEC

$974

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

8.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$4.375 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Newport Heights DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$1,460,000

$1,655,000

$0

$1,741,250

19.3%

Average Price per Square Foot ...........................

$1,244

$690

$0

$685

-44.9%

Properties Sold .......................................................

14

3

0

4

-71.4%

Properties Pending Sale .......................................

17

3

7

6

-64.7%

Properties For Sale ................................................

89

24

50

54

-39.3%

Days on Market (Pending Sale) ...........................

81

89

50

66

-18.5%

Month’s Supply of Inventory ................................

6.4

8

n/a

13.5

112.4%

Percent Under Contract ........................................

19.1%

12.5%

14.0%

11.1%

-41.8%

Average Median Price for Last 12 Months ........

$1,754,387

$1,619,650

$1,784,583

$1,527,979

-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 AUG

$1.460

SEP

$1,741,250

OCT NOV

MEDIAN SALES PRICE

DEC

$685

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

13.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.741 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2016

telesproperties.com

Rancho Santa Margarita DATA*

Aug 2015

6 month

3 month

Aug 2016

% change

Median Price ..........................................................

$695,000

$705,000

$707,500

$747,500

7.6%

Average Price per Square Foot ...........................