February 2017 Micro Market Report | Teles Properties

micro market report luxury real estate market research February 2017 | LOS ANGELES, ORANGE, SANTA BARBARA, MONTEREY, RIVERSIDE, SAN DIEGO

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Reading the Report

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

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

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

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

MEDIAN PRICE:

DAYS OF MARKET (PENDING SALE):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

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

MONTH’S SUPPLY OF INVENTORY:

low) don’t hold undue influence.

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

AVERAGE PRICE PER SQUARE FOOT:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

PERCENT UNDER CONTRACT:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

PROPERTIES SOLD:

The number of property transactions

AVERAGE MEDIAN PRICE FOR LAST 12:

that closed and transferred ownership.

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

PROPERTIES PENDING SALE:

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

The number of properties on the market and seeking buyers.

ending in the identified month.

Los Angeles County

Los Angeles County Macro

Malibu Beach

Hermosa Beach

Calabasas

Bel Air - Holmby Hills

Marina del Rey

Manhattan Beach

Encino

Beverly Center - Miracle Mile

Mid Los Angeles

Palos Verdes Estates

Glendale

Beverly Hills

Mid Wilshire

Rancho Palos Verdes

La Crescenta North

Beverly Hills P.O.

Pacific Palisades

Redondo Beach - North

Hollywood

Beverlywood

Palms - Mar Vista

Redondo Beach - South

Shadow Hills

Brentwood

Playa del Rey

Rolling Hills

Sherman Oaks

Cheviot Hills - Rancho Park

Playa Vista

Rolling Hills Estates

Studio City

Culver City

Santa Monica

San Pedro

Sun Valley

Hancock Park - Wilshire

Sunset Strip - Hollywood Hills West

Torrance - County Strip

Sunland - Tujunga

Hollywood

Venice

Torrance - North

Tarzana

Hollywood Hills East

West Hollywood

Torrance - Southeast

Toluca Lake

Inglewood

West Los Angeles

Torrance - South

Valley Village

Ladera Heights

Westchester

Torrance - West

Westlake Village

Laurel Canyon

Westwood - Century City

San Fernando Macro

Woodland Hills

Los Feliz

South Bay Macro

Agoura Hills

San Gabriel Valley Macro

Malibu

El Segundo

Burbank

Altadena

Micro Market Report : February 2017

telesproperties.com

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

Arcadia Duarte La Canada Flintridge Monrovia Pasadena San Gabriel San Marino Sierra Madre South Pasadena

Micro Market Report : February 2017

telesproperties.com

Los Angeles County DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$542,750

$595,000

$585,000

$580,000

6.9%

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

$431

$442

$448

$455

5.6%

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

2908

4728

3978

2891

-0.6%

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

4418

5242

4144

4093

-7.4%

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

16,327

19,515

16,850

14,644

-10.3%

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

47

42

47

44

-6.4%

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

5.6

4.1

4.2

5.1

-9.8%

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

27.1%

26.9%

24.6%

28.0%

3.3%

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

$540,477

$580,417

$578,500

$579,942

6.8%

*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 FEB

$542

MAR

$580,000

APR MAY

MEDIAN SALES PRICE

JUN

$455

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Bel-Air Holmby Hills DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$2,152,000

$2,172,500

$1,520,000

$2,390,000

11.1%

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

$1,073

$796

$900

$1,120

4.4%

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

7

12

17

11

57.1%

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

12

17

11

16

33.3%

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

112

158

160

139

24.1%

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

45

69

48

82

82.2%

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

16

13.2

9.4

12.6

-21.0%

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

10.7%

10.8%

6.9%

11.5%

7.4%

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

$2,305,438

$1,754,167

$1,740,833

$2,039,385

-13.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$2.152

MAR

$2,390,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,120

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

12.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.390 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Beverly Center - Miracle Mile DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,441,250

$1,417,500

$1,382,000

$1,575,000

9.3%

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

$755

$743

$668

$737

-2.4%

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

14

16

17

23

64.3%

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

15

26

19

23

53.3%

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

77

98

94

86

11.7%

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

45

51

69

59

31.1%

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

5.5

6.1

5.5

3.7

-32.0%

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

19.5%

26.5%

20.2%

26.7%

37.3%

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

$1,491,729

$1,629,083

$1,564,167

$1,531,827

2.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.441

MAR

$1,575,000

APR MAY

MEDIAN SALES PRICE

JUN

$737

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.575 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Beverly Hills DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$6,825,000

$5,522,500

$6,150,000

$6,700,000

-1.8%

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

$1,326

$1,217

$1,747

$1,411

6.4%

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

12

8

11

9

-25.0%

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

12

17

10

9

-25.0%

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

120

137

122

100

-16.7%

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

53

52

44

44

-17.0%

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

10

17.1

11.1

11.1

11.1%

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

10.0%

12.4%

8.2%

9.0%

-10.0%

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

$5,169,532

$5,006,193

$6,033,333

$4,990,435

-3.6%

*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 FEB

$6.825

MAR

$6,700,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,411

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

11.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$6.700 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 : February 2017

telesproperties.com

Beverly Hills- Post Office DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$2,785,000

$2,533,300

$2,850,000

$2,820,590

1.3%

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

$926

$861

$935

$875

-5.5%

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

7

16

14

8

14.3%

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

11

14

10

4

-63.6%

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

137

191

183

145

5.8%

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

166

45

56

93

-44.0%

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

19.6

11.9

13.1

18.1

-7.4%

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

8.0%

7.3%

5.5%

2.8%

-65.6%

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

$2,726,917

$2,592,265

$2,449,530

$2,671,684

-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 FEB

$2.785

MAR

$2,820,590

APR MAY

MEDIAN SALES PRICE

JUN

$875

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

18.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.820 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 : February 2017

telesproperties.com

Beverlywood DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,195,000

$1,200,000

$1,268,500

$1,102,000

-7.8%

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

$621

$725

$629

$634

2.1%

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

15

25

18

12

-20.0%

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

18

29

19

18

0.0%

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

64

70

53

48

-25.0%

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

29

39

39

47

62.1%

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

4.3

2.8

2.9

4

-6.2%

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

28.1%

41.4%

35.8%

37.5%

33.3%

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

$1,073,708

$1,240,551

$1,209,852

$1,241,032

13.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.195

MAR

$1,102,000

APR MAY

MEDIAN SALES PRICE

JUN

$634

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.102 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Brentwood DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$2,657,500

$2,270,000

$2,924,000

$6,000,000

125.8%

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

$818

$930

$1,019

$1,092

33.5%

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

14

27

20

15

7.1%

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

15

25

21

10

-33.3%

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

129

156

141

112

-13.2%

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

67

66

59

48

-28.4%

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

9.2

5.8

7

7.5

-19.0%

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

11.6%

16.0%

14.9%

8.9%

-23.2%

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

$2,960,814

$3,369,000

$3,898,333

$3,148,385

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 FEB

$2.657

MAR

$6,000,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,092

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Cheviot Hills - Rancho Park DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,720,000

$2,640,000

$1,696,500

$1,775,000

3.2%

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

$689

$815

$798

$891

29.3%

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

4

13

6

3

-25.0%

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

7

11

4

12

71.4%

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

30

30

29

30

0.0%

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

25

38

46

48

92.0%

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

7.5

2.3

4.8

10

33.3%

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

23.3%

36.7%

13.8%

40.0%

71.4%

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

$1,684,226

$1,636,083

$1,870,000

$1,972,615

14.6%

*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 FEB

$1.720

MAR

$1,775,000

APR MAY

MEDIAN SALES PRICE

JUN

$891

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.775 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Culver City DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,029,500

$1,000,000

$1,163,500

$1,140,000

10.7%

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

$669

$691

$740

$792

18.4%

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

8

29

14

7

-12.5%

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

16

27

16

17

6.2%

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

52

60

51

49

-5.8%

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

27

41

26

47

74.1%

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

6.5

2.1

3.6

7

7.7%

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

30.8%

45.0%

31.4%

34.7%

12.8%

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

$1,020,833

$1,153,375

$1,152,250

$1,126,500

9.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.029

MAR

$1,140,000

APR MAY

MEDIAN SALES PRICE

JUN

$792

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.140 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Downtown DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$300,000

$287,500

$298,888

$379,000

26.3%

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

$208

$255

$282

$275

32.2%

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

9

8

9

5

-44.4%

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

3

14

7

15

400.0%

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

54

50

47

49

-9.3%

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

52

48

85

35

-32.7%

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

6

6.2

5.2

9.8

63.3%

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

5.6%

28.0%

14.9%

30.6%

451.0%

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

$295,389

$338,306

$372,150

$340,343

13.2%

*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 FEB

$300

MAR

$379,000

APR MAY

MEDIAN SALES PRICE

JUN

$275

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$379 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Hancock Park - Wilshire DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,465,000

$1,332,500

$1,787,500

$1,500,000

2.4%

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

$602

$748

$650

$693

15.1%

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

16

34

28

20

25.0%

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

19

28

27

21

10.5%

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

104

143

118

91

-12.5%

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

65

57

63

55

-15.4%

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

6.5

4.2

4.2

4.6

-30.0%

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

18.3%

19.6%

22.9%

23.1%

26.3%

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

$1,367,453

$1,762,669

$1,838,796

$1,643,886

16.8%

*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 FEB

$1.465

MAR

$1,500,000

APR MAY

MEDIAN SALES PRICE

JUN

$693

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Hollywood DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$819,000

$875,000

$625,000

$777,049

-5.1%

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

$540

$640

$565

$584

8.1%

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

13

9

3

4

-69.2%

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

10

8

6

3

-70.0%

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

40

32

44

39

-2.5%

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

17

30

65

23

35.3%

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

3.1

3.6

14.7

9.8

216.9%

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

25.0%

25.0%

13.6%

7.7%

-69.2%

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

$836,309

$891,008

$855,350

$980,773

14.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$819

MAR

$777,049

APR MAY

MEDIAN SALES PRICE

JUN

$584

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Hollywood Hills East DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,247,500

$1,609,000

$1,453,000

$1,206,500

-3.3%

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

$632

$697

$667

$582

-7.9%

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

8

8

18

10

25.0%

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

8

9

12

9

12.5%

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

60

70

85

80

33.3%

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

63

42

61

61

-3.2%

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

7.5

7.8

7.1

8

6.7%

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

13.3%

12.9%

14.1%

11.2%

-15.6%

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

$1,233,565

$1,325,041

$1,306,167

$1,423,711

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 FEB

$1.247

MAR

$1,206,500

APR MAY

MEDIAN SALES PRICE

JUN

$582

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.206 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Inglewood DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$400,000

$472,500

$469,900

$460,000

15.0%

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

$322

$360

$363

$331

2.8%

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

13

30

23

12

-7.7%

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

15

31

16

20

33.3%

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

76

87

54

68

-10.5%

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

79

24

26

19

-75.9%

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

5.1

2.8

3.4

5.7

11.8%

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

19.7%

35.6%

29.6%

29.4%

49.0%

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

$405,825

$468,650

$465,833

$460,565

11.9%

*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 FEB

$400

MAR

$460,000

APR MAY

MEDIAN SALES PRICE

JUN

$331

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$460 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Ladera Heights DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$885,000

$1,025,000

$1,550,000

$1,090,000

23.2%

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

$329

$421

$289

$456

38.6%

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

3

5

1

3

0.0%

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

4

5

3

6

50.0%

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

26

22

18

19

-26.9%

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

69

41

42

50

-27.5%

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

6.5

4.4

6

6.3

-2.6%

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

15.4%

22.7%

16.7%

31.6%

105.3%

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

$940,122

$1,067,500

$990,833

$995,644

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 FEB

$885

MAR

$1,090,000

APR MAY

MEDIAN SALES PRICE

JUN

$456

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.090 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Laurel Canyon DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,685,000

$1,791,285

$1,629,000

$1,320,300

-21.6%

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

$753

$864

$741

$693

-8.0%

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

22

24

17

24

9.1%

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

25

27

22

25

0.0%

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

141

187

186

143

1.4%

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

51

45

50

48

-5.9%

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

5.6

6.9

8.5

5.7

1.4%

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

17.7%

14.4%

11.8%

17.5%

-1.4%

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

$1,498,269

$1,629,383

$1,508,433

$1,606,430

7.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.685

MAR

$1,320,300

APR MAY

MEDIAN SALES PRICE

JUN

$693

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.320 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Los Feliz DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,937,500

$1,625,000

$1,676,287

$1,732,500

-10.6%

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

$620

$722

$655

$661

6.6%

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

18

20

12

10

-44.4%

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

20

15

13

16

-20.0%

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

77

81

103

81

5.2%

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

105

40

84

39

-62.9%

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

3.8

5.4

7.9

8.1

110.4%

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

26.0%

18.5%

12.6%

19.8%

-24.0%

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

$1,436,513

$1,705,819

$1,679,375

$1,656,897

13.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.937

MAR

$1,732,500

APR MAY

MEDIAN SALES PRICE

JUN

$661

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.732 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Malibu DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,772,500

$2,400,000

$2,375,000

$2,737,500

54.4%

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

$740

$1,142

$924

$1,132

53.0%

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

12

17

11

12

0.0%

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

18

16

14

12

-33.3%

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

200

222

228

194

-3.0%

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

118

161

135

155

31.4%

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

16.7

13.1

20.7

16.2

-3.0%

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

9.0%

7.2%

6.1%

6.2%

-31.3%

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

$2,318,568

$2,677,000

$3,029,167

$2,499,962

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 FEB

$1.772

MAR

$2,737,500

APR MAY

MEDIAN SALES PRICE

JUN

$1,132

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

16.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.737 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Malibu Beach DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$9,700,000

$6,000,000

$8,625,000

$11,912,000

22.8%

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

$1,907

$2,241

$2,182

$2,360

23.8%

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

3

8

2

2

-33.3%

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

5

6

2

4

-20.0%

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

76

94

78

70

-7.9%

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

144

180

214

141

-2.1%

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

25.3

11.8

39

35

38.2%

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

6.6%

6.4%

2.6%

5.7%

-13.1%

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

$6,474,375

$8,238,208

$10,518,083

$7,437,558

13.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$9.700

MAR

$11,912,000

APR MAY

MEDIAN SALES PRICE

JUN

$2,360

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

35 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$11.912 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Marina Del Rey DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$872,000

$1,027,500

$1,400,000

$1,559,500

78.8%

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

$886

$751

$854

$853

-3.7%

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

6

6

5

6

0.0%

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

6

2

5

6

0.0%

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

28

31

25

27

-3.6%

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

52

23

32

46

-11.5%

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

4.7

5.2

5

4.5

-3.6%

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

21.4%

6.5%

20.0%

22.2%

3.7%

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

$1,508,188

$1,399,421

$1,303,000

$1,381,040

-9.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$872

MAR

$1,559,500

APR MAY

MEDIAN SALES PRICE

JUN

$853

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.559 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Mid Los Angeles DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$595,000

$630,000

$613,750

$665,000

11.8%

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

$385

$426

$422

$434

12.7%

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

39

38

28

23

-41.0%

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

34

36

32

26

-23.5%

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

144

133

129

107

-25.7%

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

66

40

42

39

-40.9%

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

3.7

3.5

4.6

4.7

26.0%

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

23.6%

27.1%

24.8%

24.3%

2.9%

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

$533,463

$621,089

$641,667

$615,248

13.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$595

MAR

$665,000

APR MAY

MEDIAN SALES PRICE

JUN

$434

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$665 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Mid Wilshire DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$759,500

$790,000

$750,750

$857,500

12.9%

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

$382

$343

$389

$489

28.0%

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

4

3

3

6

50.0%

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

5

6

3

5

0.0%

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

27

22

25

24

-11.1%

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

63

58

21

18

-71.4%

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

6.8

7.3

8.3

4

-40.7%

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

18.5%

27.3%

12.0%

20.8%

12.5%

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

$711,550

$872,292

$835,333

$823,788

13.6%

*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 FEB

$759

MAR

$857,500

APR MAY

MEDIAN SALES PRICE

JUN

$489

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$857 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Pacific Palisades DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$2,587,500

$2,800,000

$3,250,000

$2,895,000

11.9%

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

$985

$1,103

$864

$1,024

4.0%

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

17

28

15

17

0.0%

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

22

30

7

22

0.0%

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

131

155

138

98

-25.2%

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

45

48

50

65

44.4%

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

7.7

5.5

9.2

5.8

-25.2%

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

16.8%

19.4%

5.1%

22.4%

33.7%

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

$2,881,281

$3,284,280

$3,385,167

$2,902,283

0.7%

*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 FEB

$2.587

MAR

$2,895,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,024

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.895 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Palms - Mar Vista DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,284,000

$1,315,000

$1,520,000

$1,650,000

28.5%

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

$765

$771

$737

$768

0.4%

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

19

27

33

16

-15.8%

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

30

32

23

24

-20.0%

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

73

91

73

68

-6.8%

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

35

41

54

35

0.0%

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

3.8

3.4

2.2

4.2

10.6%

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

41.1%

35.2%

31.5%

35.3%

-14.1%

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

$1,225,323

$1,503,833

$1,519,833

$1,394,310

12.1%

*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 FEB

$1.284

MAR

$1,650,000

APR MAY

MEDIAN SALES PRICE

JUN

$768

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Playa Del Rey DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,368,025

$1,695,000

$1,395,000

$0

-100.0%

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

$494

$689

$614

$0

-100.0%

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

2

2

6

0

-100.0%

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

3

4

4

5

66.7%

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

14

18

18

19

35.7%

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

34

20

38

48

41.2%

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

7

9

3

n/a

n/a

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

21.4%

22.2%

22.2%

26.3%

22.8%

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

$1,768,627

$1,456,950

$1,437,250

$1,536,877

-15.1%

*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 FEB

$1.368

MAR

No sales

APR MAY

MEDIAN SALES PRICE

JUN

No sales

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

n/a MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : February 2017

telesproperties.com

Playa Vista DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$0

$0

$1,920,000

$2,552,000

n/a

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

$0

$0

$784

$780

n/a

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

0

0

1

2

n/a

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

1

1

0

2

100.0%

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

7

13

5

13

85.7%

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

0

55

0

50

n/a

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

n/a

n/a

5

0.2

n/a

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

14.3%

7.7%

0.0%

15.4%

7.7%

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

$1,395,063

$2,102,000

$2,230,667

$1,972,325

41.4%

*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 FEB MAR

$2,552,000

APR MAY

MEDIAN SALES PRICE

JUN

$780

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

0.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.552 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Santa Monica DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$3,550,000

$3,400,000

$2,680,000

$2,552,000

-28.1%

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

$1,232

$1,005

$1,231

$780

-36.7%

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

15

19

15

2

-86.7%

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

23

20

20

2

-91.3%

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

103

90

80

13

-87.4%

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

33

35

35

50

51.5%

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

6.9

4.7

5.3

6.5

-5.3%

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

22.3%

22.2%

25.0%

15.4%

-31.1%

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

$2,418,175

$2,353,657

$2,391,667

$2,531,688

4.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $3.550

FEB MAR

$2,552,000

APR MAY

MEDIAN SALES PRICE

JUN

$780

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.552 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Sunset Strip - Hollywood Hills West DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,832,500

$1,937,000

$1,737,500

$1,900,000

3.7%

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

$956

$914

$759

$857

-10.4%

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

28

33

30

35

25.0%

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

49

38

37

47

-4.1%

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

301

329

340

295

-2.0%

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

66

47

87

53

-19.7%

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

10.8

10

11.3

8.4

-21.6%

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

16.3%

11.6%

10.9%

15.9%

-2.1%

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

$1,730,913

$1,696,975

$1,746,617

$1,750,565

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 FEB

$1.832

MAR

$1,900,000

APR MAY

MEDIAN SALES PRICE

JUN

$857

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Venice DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,650,000

$1,870,816

$2,100,000

$1,673,000

1.4%

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

$1,036

$1,004

$1,123

$1,036

0.0%

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

15

21

17

13

-13.3%

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

22

18

17

22

0.0%

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

97

101

111

100

3.1%

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

55

54

46

49

-10.9%

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

6.5

4.8

6.5

7.7

19.0%

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

22.7%

17.8%

15.3%

22.0%

-3.0%

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

$1,826,883

$1,801,388

$1,661,608

$1,807,710

-1.0%

*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 FEB

$1.650

MAR

$1,673,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,036

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.673 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

West Hollywood DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,675,000

$1,487,500

$1,668,000

$1,700,000

1.5%

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

$971

$886

$935

$890

-8.3%

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

13

16

13

9

-30.8%

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

7

17

14

8

14.3%

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

41

77

67

52

26.8%

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

63

53

48

67

6.3%

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

3.2

4.8

5.2

5.8

83.2%

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

17.1%

22.1%

20.9%

15.4%

-9.9%

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

$1,507,023

$1,702,088

$1,788,333

$1,608,752

6.3%

*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 FEB

$1.675

MAR

$1,700,000

APR MAY

MEDIAN SALES PRICE

JUN

$890

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

West Los Angeles DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$925,000

$925,000

$1,103,750

$1,032,500

11.6%

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

$767

$746

$597

$606

-21.0%

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

6

9

8

6

0.0%

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

6

11

10

8

33.3%

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

37

47

39

36

-2.7%

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

25

51

36

27

8.0%

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

6.2

5.2

4.9

6

-2.7%

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

16.2%

23.4%

25.6%

22.2%

37.0%

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

$1,015,127

$966,042

$975,000

$1,017,558

0.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$925

MAR

$1,032,500

APR MAY

MEDIAN SALES PRICE

JUN

$606

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.032 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Westchester DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$928,500

$1,121,250

$1,150,000

$1,056,000

13.7%

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

$577

$627

$651

$663

14.9%

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

22

34

22

25

13.6%

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

20

32

26

16

-20.0%

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

60

101

84

53

-11.7%

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

31

42

42

29

-6.5%

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

2.7

3

3.8

2.1

-22.3%

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

33.3%

31.7%

31.0%

30.2%

-9.4%

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

$935,452

$1,056,000

$1,002,000

$1,054,612

12.7%

*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 FEB

$928

MAR

$1,056,000

APR MAY

MEDIAN SALES PRICE

JUN

$663

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.056 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Westwood - Century City DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,594,000

$1,567,500

$1,850,000

$1,530,000

-4.0%

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

$816

$886

$804

$900

10.3%

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

10

18

17

13

30.0%

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

15

17

16

14

-6.7%

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

74

77

62

46

-37.8%

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

19

41

27

18

-5.3%

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

7.4

4.3

3.6

3.5

-52.2%

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

20.3%

22.1%

25.8%

30.4%

50.1%

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

$1,736,530

$1,825,667

$1,751,667

$1,855,010

6.8%

*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 FEB

$1.594

MAR

$1,530,000

APR MAY

MEDIAN SALES PRICE

JUN

$900

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.530 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

South Bay Macro Market DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,175,543

$1,179,840

$1,180,377

$1,254,725

6.7%

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

$596

$602

$600

$580

-2.8%

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

143

300

209

152

6.3%

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

249

270

214

216

-13.3%

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

823

1,080

805

712

-13.5%

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

50

59

46

42

-14.7%

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

5.8

3.6

3.9

4.7

-18.6%

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

30.3%

25.0%

26.6%

30.3%

0.3%

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

$1,216,714

$1,287,885

$1,378,191

$1,309,307

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 FEB

$1.175

MAR

$1,254,725

APR MAY

MEDIAN SALES PRICE

JUN

$580

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.254 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

El Segundo DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,249,338

$1,337,500

$1,410,000

$1,391,125

11.3%

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

$641

$493

$739

$536

-16.4%

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

6

6

7

4

-33.3%

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

8

4

3

5

-37.5%

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

26

27

11

16

-38.5%

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

23

60

17

17

-26.1%

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

4.3

4.5

1.6

4

-7.7%

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

30.8%

14.8%

27.3%

31.2%

1.6%

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

$1,069,750

$1,315,596

$1,394,542

$1,301,378

21.7%

*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 FEB

$1.249

MAR

$1,391,125

APR MAY

MEDIAN SALES PRICE

JUN

$536

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.391 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Hermosa Beach DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,449,000

$1,800,000

$1,585,000

$1,260,000

-13.0%

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

$774

$1,197

$1,129

$475

-38.6%

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

5

17

9

2

-60.0%

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

11

16

7

7

-36.4%

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

40

62

44

35

-12.5%

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

46

40

13

54

17.4%

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

8

3.6

4.9

17.5

118.8%

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

27.5%

25.8%

15.9%

20.0%

-27.3%

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

$1,914,479

$1,724,167

$1,703,333

$1,644,298

-14.1%

*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 FEB

$1.449

MAR

$1,260,000

APR MAY

MEDIAN SALES PRICE

JUN

$475

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

17.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.260 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Manhattan Beach DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,850,000

$1,830,000

$2,250,000

$1,575,500

-14.8%

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

$1,045

$973

$863

$1,061

1.5%

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

15

34

24

12

-20.0%

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

27

30

21

24

-11.1%

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

110

155

120

126

14.5%

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

44

39

43

53

20.5%

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

7.3

4.6

5

10.5

43.2%

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

24.5%

19.4%

17.5%

19.0%

-22.4%

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

$2,141,292

$2,160,917

$2,088,500

$2,212,692

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 FEB

$1.850

MAR

$1,575,500

APR MAY

MEDIAN SALES PRICE

JUN

$1,061

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.575 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Palos Verdes Estates DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,799,500

$2,151,000

$1,862,500

$1,720,000

-4.4%

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

$756

$841

$757

$707

-6.5%

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

16

17

12

15

-6.2%

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

15

8

20

26

73.3%

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

88

96

79

86

-2.3%

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

48

223

68

59

22.9%

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

5.5

5.6

6.6

5.7

4.2%

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

17.0%

8.3%

25.3%

30.2%

77.4%

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

$1,770,308

$1,889,017

$1,815,367

$1,894,142

7.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.799

MAR

$1,720,000

APR MAY

MEDIAN SALES PRICE

JUN

$707

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.720 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Rancho Palos Verdes DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,390,000

$1,201,250

$1,270,000

$1,182,250

-14.9%

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

$522

$577

$567

$572

9.6%

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

16

40

34

16

0.0%

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

38

35

28

23

-39.5%

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

121

187

134

103

-14.9%

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

60

47

105

43

-28.3%

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

7.6

4.7

3.9

6.4

-14.9%

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

31.4%

18.7%

20.9%

22.3%

-28.9%

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

$1,193,090

$1,278,958

$1,264,917

$1,274,500

6.8%

*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 FEB

$1.390

MAR

$1,182,250

APR MAY

MEDIAN SALES PRICE

JUN

$572

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.182 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Redondo Beach- North DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$710,000

$935,000

$928,500

$900,000

26.8%

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

$677

$601

$575

$627

-7.4%

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

3

19

16

11

266.7%

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

16

19

14

16

0.0%

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

35

54

34

35

0.0%

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

43

25

25

24

-44.2%

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

11.7

2.8

2.1

3.2

-72.7%

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

45.7%

35.2%

41.2%

45.7%

0.0%

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

$868,756

$945,083

$955,000

$924,558

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 FEB

$710

MAR

$900,000

APR MAY

MEDIAN SALES PRICE

JUN

$627

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Redondo Beach- South DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,200,000

$1,218,500

$1,569,975

$1,455,500

21.3%

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

$720

$669

$706

$589

-18.2%

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

11

22

10

12

9.1%

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

14

17

12

14

0.0%

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

39

56

37

41

5.1%

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

55

51

56

11

-80.0%

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

3.5

2.5

3.7

3.4

-3.6%

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

35.9%

30.4%

32.4%

34.1%

-4.9%

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

$1,199,271

$1,399,996

$1,433,500

$1,383,267

15.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.200

MAR

$1,455,500

APR MAY

MEDIAN SALES PRICE

JUN

$589

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.455 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Rolling Hills DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$2,750,000

$1,650,000

$0

$3,541,250

28.8%

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

$795

$597

$0

$838

5.4%

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

2

2

0

2

0.0%

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

1

2

2

1

0.0%

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

21

30

30

26

23.8%

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

143

67

100

74

-48.3%

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

10.5

15

n/a

13

23.8%

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

4.8%

6.7%

6.7%

3.8%

-19.2%

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

$2,762,458

$3,649,063

$4,015,417

$3,355,590

21.5%

*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 FEB

$2.750

MAR

$3,541,250

APR MAY

MEDIAN SALES PRICE

JUN

$838

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

13 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$3.541 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Rolling Hills Estates DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,285,500

$1,389,854

$1,549,650

$1,512,000

17.6%

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

$568

$557

$552

$644

13.4%

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

7

7

7

3

-57.1%

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

10

7

4

8

-20.0%

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

27

40

23

22

-18.5%

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

51

70

83

90

76.5%

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

3.9

5.7

3.3

7.3

90.1%

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

37.0%

17.5%

17.4%

36.4%

-1.8%

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

$1,583,125

$1,624,858

$1,797,333

$1,546,000

-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 FEB

$1.285

MAR

$1,512,000

APR MAY

MEDIAN SALES PRICE

JUN

$644

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.512 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

San Pedro DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$592,814

$656,500

$635,000

$627,500

5.9%

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

$345

$373

$367

$389

12.8%

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

17

24

25

34

100.0%

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

34

38

31

30

-11.8%

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

111

158

126

95

-14.4%

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

41

42

50

41

0.0%

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

6.5

6.6

5

2.8

-57.2%

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

30.6%

24.1%

24.6%

31.6%

3.1%

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

$561,943

$627,500

$622,000

$617,270

9.8%

*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 FEB

$592

MAR

$627,500

APR MAY

MEDIAN SALES PRICE

JUN

$389

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$627 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Torrance- County Strip DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$510,000

$580,000

$507,400

$477,500

-6.4%

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

$314

$324

$337

$345

9.9%

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

6

4

4

6

0.0%

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

3

10

7

9

200.0%

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

22

20

27

17

-22.7%

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

19

58

16

42

121.1%

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

3.7

5

6.8

2.8

-22.7%

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

13.6%

50.0%

25.9%

52.9%

288.2%

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

$479,188

$515,150

$515,000

$508,838

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 FEB

$510

MAR

$477,500

APR MAY

MEDIAN SALES PRICE

JUN

$345

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$477 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Torrance- North DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$605,000

$645,000

$641,000

$583,750

-3.5%

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

$423

$433

$461

$432

2.1%

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

15

27

21

14

-6.7%

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

21

24

20

15

-28.6%

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

55

58

35

25

-54.5%

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

51

36

35

33

-35.3%

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

3.7

2.1

1.7

1.8

-51.3%

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

38.2%

41.4%

57.1%

60.0%

57.1%

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

$470,042

$631,708

$629,750

$624,712

32.9%

*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 FEB

$605

MAR

$583,750

APR MAY

MEDIAN SALES PRICE

JUN

$432

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$583 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Torrance- South DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$887,000

$902,500

$849,250

$1,163,000

31.1%

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

$464

$495

$460

$464

0.0%

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

8

30

14

6

-25.0%

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

15

24

21

14

-6.7%

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

43

58

53

32

-25.6%

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

40

32

36

58

45.0%

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

5.4

1.9

3.8

5.3

-0.8%

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

34.9%

41.4%

39.6%

43.8%

25.4%

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

$848,596

$921,855

$985,627

$899,287

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 FEB

$887

MAR

$1,163,000

APR MAY

MEDIAN SALES PRICE

JUN

$464

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.163 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Torrance- Southeast DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$600,000

$572,500

$681,000

$645,500

7.6%

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

$429

$404

$440

$463

7.9%

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

7

26

7

4

-42.9%

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

22

23

8

8

-63.6%

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

53

43

25

23

-56.6%

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

38

62

21

22

-42.1%

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

7.6

1.7

3.6

5.8

-24.1%

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

41.5%

53.5%

32.0%

34.8%

-16.2%

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

$598,958

$659,583

$655,167

$639,019

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 FEB

$600

MAR

$645,500

APR MAY

MEDIAN SALES PRICE

JUN

$463

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Torrance- West DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$755,000

$828,000

$786,000

$786,000

4.1%

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

$471

$492

$450

$552

17.2%

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

9

25

19

11

22.2%

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

14

13

16

16

14.3%

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

32

36

27

30

-6.2%

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

45

29

25

16

-64.4%

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

3.6

1.4

1.4

2.7

-23.3%

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

43.8%

36.1%

59.3%

53.3%

21.9%

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

$789,450

$808,458

$797,417

$814,058

3.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$755

MAR

$786,000

APR MAY

MEDIAN SALES PRICE

JUN

$552

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$786 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

San Fernando Valley Macro Market DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$887,813

$1,016,824

$965,647

$949,471

6.9%

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

$423

$443

$443

$446

5.2%

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

18

34

27

20

14.8%

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

28

38

30

33

16.2%

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

61

88

74

55

-10.9%

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

70

58

56

71

0.7%

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

3.5

2.6

2.7

2.7

-22.4%

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

45.7%

43.0%

41.2%

59.5%

30.3%

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

$820,440

$946,569

$952,647

$902,463

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 FEB

$887

MAR

$949,471

APR MAY

MEDIAN SALES PRICE

JUN

$446

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$949 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Agoura Hills DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$810,000

$849,000

$775,000

$795,000

-1.9%

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

$340

$362

$375

$364

7.1%

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

8

13

25

19

137.5%

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

17

15

21

22

29.4%

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

56

65

55

43

-23.2%

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

101

48

69

64

-36.6%

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

7

5

2.2

2.3

-67.7%

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

30.4%

23.1%

38.2%

51.2%

68.5%

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

$893,167

$824,667

$828,333

$839,846

-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 FEB

$810

MAR

$795,000

APR MAY

MEDIAN SALES PRICE

JUN

$364

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Burbank DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$718,000

$765,000

$799,000

$735,000

2.4%

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

$457

$473

$491

$514

12.5%

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

21

57

41

31

47.6%

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

49

76

55

46

-6.1%

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

65

95

96

46

-29.2%

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

60

55

47

55

-8.3%

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

3.1

1.7

2.3

1.5

-52.1%

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

75.4%

80.0%

57.3%

100.0%

32.7%

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

$706,750

$770,833

$761,667

$748,615

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 FEB

$718

MAR

$735,000

APR MAY

MEDIAN SALES PRICE

JUN

$514

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$735 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Calabasas DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,200,000

$1,408,000

$1,335,000

$1,107,000

-7.8%

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

$505

$436

$415

$482

-4.6%

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

17

31

21

13

-23.5%

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

19

28

23

25

31.6%

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

65

102

88

69

6.2%

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

100

86

82

65

-35.0%

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

3.8

3.3

4.2

5.3

38.8%

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

29.2%

27.5%

26.1%

36.2%

24.0%

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

$1,275,417

$1,409,000

$1,218,333

$1,414,923

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 FEB

$1.200

MAR

$1,107,000

APR MAY

MEDIAN SALES PRICE

JUN

$482

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.107 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Encino DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$963,000

$1,275,000

$1,470,000

$872,000

-9.4%

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

$456

$474

$516

$522

14.5%

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

26

57

35

18

-30.8%

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

43

38

42

47

9.3%

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

98

141

126

92

-6.1%

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

79

74

57

43

-45.6%

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

3.8

2.5

3.6

5.1

35.6%

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

43.9%

27.0%

33.3%

51.1%

16.4%

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

$1,140,896

$1,215,167

$1,289,333

$1,230,077

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 FEB

$963

MAR

$872,000

APR MAY

MEDIAN SALES PRICE

JUN

$522

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$872 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Glendale DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$869,000

$900,000

$888,000

$880,000

1.3%

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

$494

$451

$477

$481

-2.6%

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

40

57

50

44

10.0%

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

49

63

55

50

2.0%

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

80

132

127

74

-7.5%

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

58

50

45

52

-10.3%

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

2.7

2.4

1.8

2

-26.8%

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

70.7%

55.0%

69.4%

61.3%

-13.4%

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

$801,083

$874,167

$881,333

$859,250

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 FEB

$795

MAR

$880,000

APR MAY

MEDIAN SALES PRICE

JUN

$481

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$869 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

La Crescenta DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$720,000

$894,000

$793,000

$788,000

9.4%

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

$452

$496

$452

$477

5.5%

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

9

24

20

14

55.6%

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

10

35

14

16

60.0%

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

22

38

24

20

-9.1%

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

51

50

66

46

-9.8%

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

2.4

1.6

1.2

1.4

-41.6%

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

45.5%

92.1%

58.3%

80.0%

76.0%

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

$756,167

$794,500

$808,000

$801,769

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 FEB

$720

MAR

$788,000

APR MAY

MEDIAN SALES PRICE

JUN

$477

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$788 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

North Hollywood DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$510,000

$496,000

$553,000

$508,000

-0.4%

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

$360

$384

$403

$382

6.1%

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

34

31

24

22

-35.3%

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

51

37

43

37

-27.5%

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

59

54

53

52

-11.9%

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

71

36

39

53

-25.4%

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

1.7

1.7

2.2

2.4

36.2%

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

86.4%

68.5%

81.1%

71.2%

-17.7%

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

$495,958

$542,333

$556,000

$527,154

6.3%

*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 FEB

$510

MAR

$508,000

APR MAY

MEDIAN SALES PRICE

JUN

$382

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$508 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Shadow Hills DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$893,000

$625,000

$725,000

$810,000

-9.3%

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

$282

$407

$360

$286

1.4%

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

1

5

6

3

200.0%

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

4

7

7

6

50.0%

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

10

15

15

10

0.0%

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

68

49

73

99

45.6%

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

10

3

2.5

3.3

-66.7%

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

40.0%

46.7%

46.7%

60.0%

50.0%

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

$715,667

$725,333

$753,000

$769,462

7.5%

*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 FEB

$893

MAR

$810,000

APR MAY

MEDIAN SALES PRICE

JUN

$286

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$810 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Sherman Oaks DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,000,000

$1,145,000

$1,112,000

$1,340,000

34.0%

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

$479

$480

$526

$497

3.8%

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

33

54

51

36

9.1%

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

63

65

43

74

17.5%

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

119

164

146

91

-23.5%

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

71

57

57

85

19.7%

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

3.6

3

2.9

2.5

-29.9%

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

52.9%

39.6%

29.5%

81.3%

53.6%

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

$976,438

$1,195,000

$1,176,333

$1,155,308

18.3%

*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 FEB

$1.000

MAR

$1,340,000

APR MAY

MEDIAN SALES PRICE

JUN

$497

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.340 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Studio City DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,415,000

$1,565,000

$1,309,000

$1,340,000

-5.3%

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

$645

$590

$601

$497

-22.9%

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

18

35

29

36

100.0%

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

23

35

24

74

221.7%

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

77

102

73

91

18.2%

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

56

66

68

85

51.8%

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

4.3

2.9

2.5

2.5

-40.9%

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

29.9%

34.3%

32.9%

81.3%

172.2%

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

$1,293,958

$1,389,000

$1,372,000

$1,415,154

9.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.415

MAR

$1,340,000

APR MAY

MEDIAN SALES PRICE

JUN

$497

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.340 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Sun Valley DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$574,000

$518,000

$530,000

$495,000

-13.8%

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

$348

$350

$304

$397

14.1%

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

12

18

9

13

8.3%

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

17

20

12

12

-29.4%

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

26

25

24

13

-50.0%

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

60

65

24

49

-18.3%

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

2.2

1.4

2.7

1

-53.8%

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

65.4%

80.0%

50.0%

92.3%

41.2%

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

$444,417

$499,667

$498,333

$489,385

10.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $574

FEB MAR

$495,000

APR MAY

MEDIAN SALES PRICE

JUN

$397

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$495 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Sunland/Tujunga DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$447,000

$550,000

$600,000

$550,000

23.0%

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

$355

$362

$370

$365

2.8%

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

19

49

35

11

-42.1%

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

36

45

34

17

-52.8%

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

48

71

67

14

-70.8%

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

62

48

47

82

32.3%

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

2.5

1.4

1.9

1.3

-49.6%

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

75.0%

63.4%

50.7%

121.4%

61.9%

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

$495,208

$566,833

$553,333

$548,231

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 FEB

$447

MAR

$550,000

APR MAY

MEDIAN SALES PRICE

JUN

$365

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Tarzana DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$950,000

$1,150,000

$1,125,000

$999,000

5.2%

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

$412

$429

$391

$391

-5.1%

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

25

29

27

25

0.0%

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

23

41

26

23

0.0%

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

77

103

77

57

-26.0%

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

71

67

62

75

5.6%

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

3.1

3.6

2.9

2.3

-26.0%

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

29.9%

39.8%

33.8%

40.4%

35.1%

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

$905,000

$1,022,333

$1,040,000

$1,021,769

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 FEB

$950

MAR

$999,000

APR MAY

MEDIAN SALES PRICE

JUN

$391

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$999 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Toluca Lake DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,553,000

$1,777,000

$1,883,000

$1,975,000

27.2%

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

$473

$577

$555

$693

46.5%

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

2

6

6

4

100.0%

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

5

5

5

8

60.0%

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

14

23

18

15

7.1%

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

83

78

60

108

30.1%

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

7

3.8

3

3.8

-46.4%

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

35.7%

21.7%

27.8%

53.3%

49.3%

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

$1,154,042

$1,386,500

$1,520,333

$1,408,769

22.1%

*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 FEB

$1.553

MAR

$1,975,000

APR MAY

MEDIAN SALES PRICE

JUN

$693

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.975 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Valley Village DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$829,000

$1,083,000

$880,000

$815,000

-1.7%

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

$479

$473

$508

$429

-10.4%

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

5

17

11

10

100.0%

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

11

20

22

16

45.5%

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

15

39

32

24

60.0%

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

44

45

38

68

54.5%

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

3

2.3

2.9

2.4

-20.0%

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

73.3%

51.3%

68.8%

66.7%

-9.1%

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

$862,500

$891,500

$919,667

$899,846

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 FEB

$829

MAR

$815,000

APR MAY

MEDIAN SALES PRICE

JUN

$429

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$815 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Westlake Village DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$895,000

$1,553,000

$900,000

$1,373,000

53.4%

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

$391

$419

$434

$426

9.0%

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

11

34

27

16

45.5%

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

16

31

22

23

43.8%

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

93

134

92

93

0.0%

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

64

65

68

70

9.4%

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

8.5

3.9

3.4

5.8

-31.2%

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

17.2%

23.1%

23.9%

24.7%

43.8%

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

$1,106,583

$1,226,000

$1,262,667

$1,211,462

9.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$895

MAR

$1,373,000

APR MAY

MEDIAN SALES PRICE

JUN

$426

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.373 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Woodland Hills DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$728,000

$733,000

$739,000

$770,000

5.8%

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

$339

$360

$350

$358

5.6%

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

41

57

49

33

-19.5%

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

61

83

70

58

-4.9%

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

137

193

144

119

-13.1%

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

81

47

51

96

18.5%

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

3.3

3.4

2.9

3.6

7.9%

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

44.5%

43.0%

48.6%

48.7%

9.5%

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

$738,083

$760,667

$760,000

$759,692

2.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$728

MAR

$770,000

APR MAY

MEDIAN SALES PRICE

JUN

$358

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

San Gabriel Valley Macro Market DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,002,583

$1,020,417

$1,011,917

$1,057,833

5.5%

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

$515

$534

$514

$530

3.0%

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

16

30

24

15

-9.2%

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

23

31

24

21

-11.5%

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

60

70

57

49

-18.6%

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

65

48

54

58

-10.4%

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

3.7

2.4

2.4

3.3

-10.4%

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

38.6%

43.7%

40.9%

41.9%

8.7%

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

$1,002,235

$1,057,778

$1,102,083

$1,036,500

3.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.002

MAR

$1,057,833

APR MAY

MEDIAN SALES PRICE

JUN

$530

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.057 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Alhambra DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$560,000

$624,000

$642,000

$634,000

13.2%

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

$430

$436

$456

$444

3.3%

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

13

26

13

14

7.7%

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

26

20

18

17

-34.6%

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

43

40

38

33

-23.3%

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

56

44

30

60

7.1%

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

3.3

1.5

2.9

2.4

-28.7%

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

60.5%

50.0%

47.4%

51.5%

-14.8%

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

$563,250

$655,667

$651,000

$621,308

10.3%

*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 FEB

$560

MAR

$634,000

APR MAY

MEDIAN SALES PRICE

JUN

$444

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$634 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Altadena DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$688,000

$745,000

$875,000

$760,000

10.5%

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

$426

$468

$448

$464

8.9%

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

23

51

27

23

0.0%

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

29

48

27

32

10.3%

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

52

54

49

34

-34.6%

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

58

56

51

54

-6.9%

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

2.3

1.1

1.8

1.5

-34.6%

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

55.8%

88.9%

55.1%

94.1%

68.8%

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

$690,833

$773,500

$775,333

$745,385

7.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$688

MAR

$760,000

APR MAY

MEDIAN SALES PRICE

JUN

$464

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Arcadia DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,360,000

$1,335,000

$1,313,000

$1,263,000

-7.1%

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

$524

$521

$517

$546

4.2%

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

23

44

46

24

4.3%

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

39

59

41

32

-17.9%

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

208

233

173

181

-13.0%

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

76

69

77

60

-21.1%

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

9

5.3

3.8

7.5

-16.6%

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

18.8%

25.3%

23.7%

17.7%

-5.7%

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

$1,299,375

$1,333,167

$1,465,667

$1,287,846

-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 FEB

$1.360

MAR

$1,263,000

APR MAY

MEDIAN SALES PRICE

JUN

$546

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.263 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Duarte DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$398,000

$445,000

$505,000

$463,000

16.3%

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

$389

$367

$364

$359

-7.7%

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

12

16

18

5

-58.3%

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

16

15

14

11

-31.2%

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

31

37

23

22

-29.0%

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

65

58

46

55

-15.4%

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

2.6

2.3

1.3

4.4

70.3%

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

51.6%

40.5%

60.9%

50.0%

-3.1%

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

$458,667

$482,500

$488,667

$474,846

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 FEB

$398

MAR

$463,000

APR MAY

MEDIAN SALES PRICE

JUN

$359

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$463 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Eagle Rock DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$763,000

$785,000

$775,000

$628,000

-17.7%

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

$492

$545

$484

$530

7.7%

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

10

19

11

2

-80.0%

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

21

17

12

6

-71.4%

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

26

29

25

8

-69.2%

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

77

36

29

47

-39.0%

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

2.6

1.5

2.3

4

53.8%

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

80.8%

58.6%

48.0%

75.0%

-7.1%

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

$706,167

$791,333

$807,000

$787,692

11.5%

*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 $763

FEB MAR

$628,000

APR MAY

MEDIAN SALES PRICE

JUN

$530

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$628 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

La Canada Flintridge DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,412,000

$1,800,000

$1,555,000

$1,537,000

8.9%

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

$566

$632

$582

$613

8.3%

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

12

25

26

12

0.0%

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

22

21

22

16

-27.3%

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

42

54

38

41

-2.4%

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

63

50

75

61

-3.2%

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

3.5

2.2

1.5

3.4

-2.4%

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

52.4%

38.9%

57.9%

39.0%

-25.5%

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

$1,631,252

$1,814,500

$1,840,000

$1,725,692

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 FEB

$1.412

MAR

$1,537,000

APR MAY

MEDIAN SALES PRICE

JUN

$613

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.537 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Monrovia DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$640,000

$585,000

$607,000

$632,000

-1.2%

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

$424

$421

$398

$377

-11.1%

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

21

25

29

16

-23.8%

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

21

26

19

21

0.0%

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

47

59

45

38

-19.1%

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

64

27

51

64

0.0%

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

2.2

2.4

1.6

2.4

6.1%

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

44.7%

44.1%

42.2%

55.3%

23.7%

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

$632,083

$643,833

$660,333

$638,000

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 FEB

$640

MAR

$632,000

APR MAY

MEDIAN SALES PRICE

JUN

$377

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$632 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Pasadena DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$750,000

$841,000

$795,000

$865,000

15.3%

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

$489

$537

$526

$559

14.3%

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

46

80

67

64

39.1%

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

65

94

77

67

3.1%

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

158

188

178

130

-17.7%

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

58

51

51

67

15.5%

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

3.4

2.4

2.7

2

-40.9%

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

41.1%

50.0%

43.3%

51.5%

25.3%

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

$799,583

$844,667

$826,667

$840,538

5.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$750

MAR

$865,000

APR MAY

MEDIAN SALES PRICE

JUN

$559

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$865 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

San Gabriel DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$788,000

$710,000

$750,000

$892,000

13.2%

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

$467

$440

$449

$483

3.4%

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

12

20

24

9

-25.0%

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

14

26

29

19

35.7%

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

50

60

51

38

-24.0%

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

74

49

38

62

-16.2%

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

4.2

3

2.1

4.2

1.3%

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

28.0%

43.3%

56.9%

50.0%

78.6%

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

$722,375

$758,500

$818,667

$743,154

2.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$788

MAR

$892,000

APR MAY

MEDIAN SALES PRICE

JUN

$483

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$892 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

San Marino DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$2,350,000

$1,900,000

$2,198,000

$2,700,000

14.9%

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

$956

$916

$754

$941

-1.6%

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

13

17

8

3

-76.9%

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

12

19

10

9

-25.0%

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

37

47

38

34

-8.1%

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

79

58

82

37

-53.2%

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

2.8

2.8

4.8

11.3

298.2%

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

32.4%

40.4%

26.3%

26.5%

-18.4%

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

$2,297,083

$2,266,000

$2,473,333

$2,286,769

-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 FEB

$2.350

MAR

$2,700,000

APR MAY

MEDIAN SALES PRICE

JUN

$941

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

11.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.700 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 : February 2017

telesproperties.com

Sierra Madre DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,377,000

$1,290,000

$955,000

$890,000

-35.4%

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

$473

$532

$550

$454

-4.0%

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

4

13

7

3

-25.0%

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

3

8

3

5

66.7%

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

14

21

18

16

14.3%

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

45

45

65

65

44.4%

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

3.5

1.6

2.6

5.3

52.4%

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

21.4%

38.1%

16.7%

31.2%

45.8%

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

$1,033,083

$1,052,833

$1,045,667

$1,021,769

-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 $1.377

FEB MAR

$890,000

APR MAY

MEDIAN SALES PRICE

JUN

$454

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$890 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

South Pasadena DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$945,000

$1,185,000

$1,173,000

$1,430,000

51.3%

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

$540

$591

$639

$589

9.1%

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

7

19

12

3

-57.1%

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

10

14

10

11

10.0%

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

13

17

13

12

-7.7%

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

63

28

47

65

3.2%

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

1.9

0.9

1.1

4

115.4%

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

76.9%

82.4%

76.9%

91.7%

19.2%

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

$1,193,066

$1,276,833

$1,372,667

$1,265,000

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 FEB

$945

MAR

$1,430,000

APR MAY

MEDIAN SALES PRICE

JUN

$589

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.430 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Orange County

Orange County Macro

Ladera Ranch

San Clemente

Aliso Viejo

Laguna Beach

San Juan Capistrano

Balboa Peninsula

Laguna Hills

Shady Canyon

Corona del Mar - Spyglass

Laguna Niguel

Turtle Ridge

Coto de Caza

Laguna Woods

Turtle Rock

Crystal Cove

Lower Newport Bay - Balboa Island

Westminster

Dana Point

Mission Viejo

West Bay - Santa Ana Heights

East Bluff - Harbor View

Nelle Gail

West Newport - Lido

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Micro Market Report : February 2017

telesproperties.com

County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : February 2017

telesproperties.com

Orange County DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$701,500

$745,000

$729,950

$743,000

5.9%

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

$454

$438

$431

$460

1.3%

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

1110

1860

1520

1125

1.4%

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

1642

1867

1438

1552

-5.5%

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

5,725

7,731

5,867

78

-98.6%

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

58

53

58

47

-19.0%

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

5.2

4.2

3.9

0.1

-98.7%

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

28.7%

24.1%

24.5%

1989.7%

6837.4%

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

$700,125

$737,742

$739,333

$732,919

4.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$701

MAR

$743,000

APR MAY

MEDIAN SALES PRICE

JUN

$460

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

0.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$743 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Aliso Viejo DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$749,000

$820,000

$778,000

$717,450

-4.2%

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

$363

$382

$408

$379

4.4%

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

23

25

16

14

-39.1%

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

24

26

15

19

-20.8%

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

69

77

36

55

-20.3%

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

33

51

65

20

-39.4%

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

3

3.1

2.2

3.9

31.0%

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

34.8%

33.8%

41.7%

34.5%

-0.7%

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

$747,792

$787,158

$772,483

$775,092

3.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$749

MAR

$717,450

APR MAY

MEDIAN SALES PRICE

JUN

$379

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$717 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Balboa Peninsula DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$2,775,000

$1,812,500

$1,975,000

$2,150,000

-22.5%

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

$1,207

$957

$1,383

$793

-34.3%

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

4

4

5

5

25.0%

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

4

3

2

19

375.0%

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

36

53

38

55

52.8%

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

96

237

202

20

-79.2%

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

9

13.2

7.6

11

22.2%

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

11.1%

5.7%

5.3%

34.5%

210.9%

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

$2,798,917

$2,864,500

$2,779,000

$3,464,962

23.8%

*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 FEB

$2.775

MAR

$2,150,000

APR MAY

MEDIAN SALES PRICE

JUN

$793

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

11 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Corona del Mar - Spyglass DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$3,600,000

$2,625,000

$2,360,000

$2,944,500

-18.2%

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

$1,240

$988

$1,047

$1,163

-6.2%

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

15

12

11

9

-40.0%

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

12

14

10

11

-8.3%

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

79

84

73

74

-6.3%

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

110

111

123

41

-62.7%

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

5.3

7

6.6

8.2

56.1%

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

15.2%

16.7%

13.7%

14.9%

-2.1%

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

$2,671,750

$2,959,788

$3,016,243

$2,931,633

9.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $3.600

FEB MAR

$2,944,500

APR MAY

MEDIAN SALES PRICE

JUN

$1,163

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.944 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Coto de Caza DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,274,250

$1,178,775

$1,100,000

$1,055,000

-17.2%

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

$363

$362

$333

$375

3.3%

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

15

15

13

20

33.3%

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

20

25

14

17

-15.0%

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

122

141

111

96

-21.3%

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

88

89

113

49

-44.3%

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

8.1

9.4

8.5

4.8

-41.0%

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

16.4%

17.7%

12.6%

17.7%

8.0%

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

$1,164,176

$1,178,750

$1,152,500

$1,174,775

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 FEB

$1.274

MAR

$1,055,000

APR MAY

MEDIAN SALES PRICE

JUN

$375

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.055 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Crystal Cove DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$15,025,000

$6,950,000

$5,725,000

$6,975,000

-53.6%

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

$1,417

$1,169

$1,238

$1,306

-7.8%

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

1

3

2

4

300.0%

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

3

0

4

2

-33.3%

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

19

21

26

21

10.5%

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

192

0

145

44

-77.1%

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

19

7

13

5.2

-72.4%

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

15.8%

0.0%

15.4%

9.5%

-39.7%

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

$7,840,829

$7,262,500

$7,812,500

$7,432,664

-5.2%

*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 $15.025

FEB MAR

$6,975,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,306

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$6.975 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Dana Point DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,606,250

$1,217,500

$922,500

$1,058,500

-34.1%

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

$676

$639

$605

$551

-18.5%

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

18

44

30

20

11.1%

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

28

31

26

18

-35.7%

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

151

196

168

146

-3.3%

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

101

96

69

73

-27.7%

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

8.4

4.5

5.6

7.3

-13.0%

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

18.5%

15.8%

15.5%

12.3%

-33.5%

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

$1,062,667

$952,292

$1,006,167

$1,029,164

-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 $1.606

FEB MAR

$1,058,500

APR MAY

MEDIAN SALES PRICE

JUN

$551

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.058 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

East Bluff - Harbor View DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

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

$1,750,000

$1,598,000

$1,550,000

$2,500,000

42.9%

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

$668

$679

$645

$788

18.0%

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

13

27

15

9

-30.8%

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

20

25

17

8

-60.0%

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

88

129

97

80

-9.1%

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

50

81

101

60

20.0%

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

6.8

4.8

6.5

8.9

31.3%

Percent Under Contract ........................................

22.7%

19.4%

17.5%

10.0%

-56.0%

Average Median Price for Last 12 Months ........

$1,828,103

$1,958,352

$2,140,833

$1,888,509

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 FEB

$1.750

MAR

$2,500,000

APR MAY

MEDIAN SALES PRICE

JUN

$788

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

East Costa Mesa DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$1,167,000

$1,181,900

$1,120,000

$1,070,000

-8.3%

Average Price per Square Foot ...........................

$520

$544

$622

$555

6.7%

Properties Sold .......................................................

15

21

11

16

6.7%

Properties Pending Sale .......................................

12

20

9

18

50.0%

Properties For Sale ................................................

79

64

47

46

-41.8%

Days on Market (Pending Sale) ...........................

110

58

29

54

-50.9%

Month’s Supply of Inventory ................................

5.3

3

4.3

2.9

-45.4%

Percent Under Contract ........................................

15.2%

31.2%

19.1%

39.1%

157.6%

Average Median Price for Last 12 Months ........

$960,443

$1,013,208

$1,047,667

$1,024,988

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 FEB

$1.167

MAR

$1,070,000

APR MAY

MEDIAN SALES PRICE

JUN

$555

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.070 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Fountain Valley DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$667,000

$760,000

$799,950

$767,500

15.1%

Average Price per Square Foot ...........................

$396

$383

$362

$384

-3.0%

Properties Sold .......................................................

14

43

23

17

21.4%

Properties Pending Sale .......................................

28

26

30

26

-7.1%

Properties For Sale ................................................

69

78

72

51

-26.1%

Days on Market (Pending Sale) ...........................

28

29

29

41

46.4%

Month’s Supply of Inventory ................................

4.9

1.8

3.1

3

-39.1%

Percent Under Contract ........................................

40.6%

33.3%

41.7%

51.0%

25.6%

Average Median Price for Last 12 Months ........

$715,825

$767,492

$761,000

$747,073

4.4%

*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 FEB

$667

MAR

$767,500

APR MAY

MEDIAN SALES PRICE

JUN

$384

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$767 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Huntington Beach DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$821,950

$820,000

$769,000

$791,000

-3.8%

Average Price per Square Foot ...........................

$483

$477

$473

$471

-2.5%

Properties Sold .......................................................

63

129

97

76

20.6%

Properties Pending Sale .......................................

110

138

81

92

-16.4%

Properties For Sale ................................................

316

430

281

252

-20.3%

Days on Market (Pending Sale) ...........................

52

55

49

37

-28.8%

Month’s Supply of Inventory ................................

5

3.3

2.9

3.3

-33.9%

Percent Under Contract ........................................

34.8%

32.1%

28.8%

36.5%

4.9%

Average Median Price for Last 12 Months ........

$798,208

$810,583

$811,500

$812,150

1.7%

*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 FEB

$821

MAR

$791,000

APR MAY

MEDIAN SALES PRICE

JUN

$471

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 : February 2017

telesproperties.com

Irvine DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$1,063,150

$1,086,000

$1,075,600

$1,130,000

6.3%

Average Price per Square Foot ...........................

$499

$473

$464

$475

-4.8%

Properties Sold .......................................................

80

113

92

74

-7.5%

Properties Pending Sale .......................................

107

105

82

106

-0.9%

Properties For Sale ................................................

341

515

374

363

6.5%

Days on Market (Pending Sale) ...........................

61

66

66

36

-41.0%

Month’s Supply of Inventory ................................

4.3

4.6

4.1

4.9

15.1%

Percent Under Contract ........................................

31.4%

20.4%

21.9%

29.2%

-6.9%

Average Median Price for Last 12 Months ........

$962,446

$1,076,998

$1,097,167

$1,064,616

10.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.063

MAR

$1,130,000

APR MAY

MEDIAN SALES PRICE

JUN

$475

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.130 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Ladera Ranch DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$790,000

$915,000

$835,000

$840,000

6.3%

Average Price per Square Foot ...........................

$338

$317

$365

$362

7.1%

Properties Sold .......................................................

12

29

27

15

25.0%

Properties Pending Sale .......................................

27

32

23

22

-18.5%

Properties For Sale ................................................

114

146

89

87

-23.7%

Days on Market (Pending Sale) ...........................

58

65

61

33

-43.1%

Month’s Supply of Inventory ................................

9.5

5

3.3

5.8

-38.9%

Percent Under Contract ........................................

23.7%

21.9%

25.8%

25.3%

6.8%

Average Median Price for Last 12 Months ........

$870,525

$872,083

$860,833

$867,231

-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 FEB

$790

MAR

$840,000

APR MAY

MEDIAN SALES PRICE

JUN

$362

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$840 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Laguna Beach DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$2,100,000

$1,700,000

$1,900,000

$2,025,000

-3.6%

Average Price per Square Foot ...........................

$2,188

$1,287

$1,081

$1,149

-47.5%

Properties Sold .......................................................

16

27

27

20

25.0%

Properties Pending Sale .......................................

28

32

22

28

0.0%

Properties For Sale ................................................

212

294

226

200

-5.7%

Days on Market (Pending Sale) ...........................

106

83

143

96

-9.4%

Month’s Supply of Inventory ................................

13.2

10.9

8.4

10

-24.5%

Percent Under Contract ........................................

13.2%

10.9%

9.7%

14.0%

6.0%

Average Median Price for Last 12 Months ........

$1,963,040

$1,931,500

$1,984,833

$1,921,846

-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 FEB

$2.100

MAR

$2,025,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,149

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.025 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Laguna Niguel DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$815,000

$858,000

$855,000

$960,000

17.8%

Average Price per Square Foot ...........................

$428

$413

$414

$420

-1.9%

Properties Sold .......................................................

38

77

53

33

-13.2%

Properties Pending Sale .......................................

67

54

37

53

-20.9%

Properties For Sale ................................................

228

336

223

90

-60.5%

Days on Market (Pending Sale) ...........................

57

55

82

44

-22.8%

Month’s Supply of Inventory ................................

6

4.4

4.2

2.7

-54.5%

Percent Under Contract ........................................

29.4%

16.1%

16.6%

58.9%

100.4%

Average Median Price for Last 12 Months ........

$846,438

$882,333

$882,167

$876,462

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 FEB

$815

MAR

$960,000

APR MAY

MEDIAN SALES PRICE

JUN

$420

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$960 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Laguna Hills DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$710,000

$867,500

$712,900

$786,256

10.7%

Average Price per Square Foot ...........................

$344

$386

$356

$367

6.7%

Properties Sold .......................................................

13

28

17

15

15.4%

Properties Pending Sale .......................................

27

23

21

20

-25.9%

Properties For Sale ................................................

114

133

104

88

-22.8%

Days on Market (Pending Sale) ...........................

100

55

73

72

-28.0%

Month’s Supply of Inventory ................................

8.8

4.8

6.1

5.9

-33.1%

Percent Under Contract ........................................

23.7%

17.3%

20.2%

22.7%

-4.0%

Average Median Price for Last 12 Months ........

$799,040

$819,684

$825,085

$819,777

2.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$710

MAR

$786,256

APR MAY

MEDIAN SALES PRICE

JUN

$367

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$786 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Laguna Woods DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$0

$0

$0

$0

n/a

Average Price per Square Foot ...........................

$0

$0

$0

$0

n/a

Properties Sold .......................................................

0

0

0

0

n/a

Properties Pending Sale .......................................

1

0

0

0

-100.0%

Properties For Sale ................................................

2

1

1

0

-100.0%

Days on Market (Pending Sale) ...........................

9

0

0

0

-100.0%

Month’s Supply of Inventory ................................

n/a

n/a

n/a

n/a

n/a

Percent Under Contract ........................................

50.0%

0.0%

0.0%

n/a

n/a

Average Median Price for Last 12 Months ........

$153,000

n/a

n/a

$779,500

409.5%

*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 FEB MAR

No sales

APR MAY

MEDIAN SALES PRICE

JUN

No sales

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

n/a MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Lantern Village in Dana Point DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$784,000

$1,051,500

$840,000

$1,065,000

35.8%

Average Price per Square Foot ...........................

$520

$517

$521

$437

-16.0%

Properties Sold .......................................................

2

6

9

2

0.0%

Properties Pending Sale .......................................

3

5

3

3

0.0%

Properties For Sale ................................................

23

25

20

20

-13.0%

Days on Market (Pending Sale) ...........................

98

37

39

21

-78.6%

Month’s Supply of Inventory ................................

11.5

4.2

2.2

10

-13.0%

Percent Under Contract ........................................

13.0%

20.0%

15.0%

15.0%

15.0%

Average Median Price for Last 12 Months ........

$907,583

$854,000

$909,833

$905,115

-0.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$784

MAR

$1,065,000

APR MAY

MEDIAN SALES PRICE

JUN

$437

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.065 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Lower Newport Bay - Balboa Island DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$2,665,000

$3,075,000

$2,880,000

$3,805,800

42.8%

Average Price per Square Foot ...........................

$1,174

$1,131

$1,187

$1,196

1.9%

Properties Sold .......................................................

5

4

6

6

20.0%

Properties Pending Sale .......................................

7

6

5

2

-71.4%

Properties For Sale ................................................

27

38

31

28

3.7%

Days on Market (Pending Sale) ...........................

196

121

85

28

-85.7%

Month’s Supply of Inventory ................................

5.4

9.5

5.2

4.7

-13.6%

Percent Under Contract ........................................

25.9%

15.8%

16.1%

7.1%

-72.4%

Average Median Price for Last 12 Months ........

$3,373,324

$3,201,800

$3,151,933

$3,048,908

-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 FEB

$2.665

MAR

$3,805,800

APR MAY

MEDIAN SALES PRICE

JUN

$1,196

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$3.805 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2017

telesproperties.com

Mission Viejo DATA*

Feb 2016

6 month

3 month

Feb 2017

% change

Median Price ..........................................................

$670,000

$696,000

$699,000

$737,250

10.0%

Average Price per Square Foot ...........................

$344

$344

$356

$358

4.1%

Properties Sold .......................................................

53

101

75