February 2018 Micro Market Report | Douglas Elliman

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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH February 2018 /

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:

PROPERTIES FOR SALE:

A value that separates the upper half of

The number of properties on the

prices from the lower half of prices. It can

market and seeking buyers.

be interpreted like an average, however the extreme prices (high and low) don’t

DAYS OF MARKET (PENDING SALE):

hold undue influence.

The number of days that properties currently in escrow were on the market.

AVERAGE PRICE PER SQUARE FOOT:

The price of each property divided by

MONTH’S SUPPLY OF INVENTORY:

their respective square footage then

The number of months it would take to sell all

averaged across all properties sold in the

the properties listed for sale at the current pace

area for a given time period.

of sales and if no new listings entered the market.

PROPERTIES SOLD:

PERCENT UNDER CONTRACT:

The number of property transactions that

The ratio of properties for sale to

closed and transferred ownership.

properties pending sale.

PROPERTIES PENDING SALE:

AVERAGE MEDIAN PRICE FOR LAST 12:

The number of properties that entered

The Average Median Price for the Last 12 Months

escrow in preparation for sale.

is sales data from 12 months 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 PALOS

ENCINO

BEVERLY CENTER - MIRACLE MILE

MID LOS ANGELES

VERDES ESTATES RANCHO

GLENDALE

BEVERLY HILLS

MID WILSHIRE

PALOS VERDES REDONDO

LA CRESCENTA NORTH

BEVERLY HILLS P.O.

PACIFIC PALISADES

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 TARZANA

HOLLYWOOD

VENICE

TORRANCE - NORTH

TOLUCA LAKE

HOLLYWOOD HILLS EAST

WEST HOLLYWOOD

TORRANCE - SOUTHEAST

VALLEY VILLAGE

INGLEWOOD

WEST LOS ANGELES

TORRANCE - SOUTH

WESTLAKE VILLAGE

LADERA HEIGHTS

WESTCHESTER

TORRANCE - WEST

WOODLAND HILLS

LAUREL CANYON

WESTWOOD - CENTURY CITY

SAN FERNANDO MACRO

SAN GABRIEL VALLEY MACRO

LOS FELIZ

SOUTH BAY MACRO

AGOURA HILLS

ALTADENA

MALIBU

EL SEGUNDO

BURBANK

ARCADIA

Micro Market Report : February 2018


COUNTY: LOS ANGELES AREA: 4,752 SQ MILES FOUNDED: 1850

DUARTE LA CANADA FLINTRIDGE MONROVIA PASADENA SAN GABRIEL SAN MARINO SIERRA MADRE SOUTH PASADENA

Micro Market Report : February 2018


LOS ANGELES COUNTY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$580,000

$640,000

$621,000

$640,000

10.3%

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

$455

$468

$483

$488

7.3%

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

2891

5039

3916

2838

-1.8%

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

4093

5218

4590

4109

0.4%

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

14,644

18,034

16,811

14,302

-2.3%

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

44

36

39

36

-18.2%

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

5.1

3.6

4.3

5

-0.5%

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

28.0%

28.9%

27.3%

28.7%

2.8%

$583,042

$622,350

$621,667

$620,008

6.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$580

MAR

$640,000

APR MAY

MEDIAN SALES PRICE

JUN

$488

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$640 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BEL-AIR HOLMBY HILLS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,390,000

$2,215,000

$3,292,266

$1,900,000

-20.5%

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

$1,120

$909

$1,516

$1,060

-5.4%

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

11

15

11

11

0.0%

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

16

21

15

13

-18.8%

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

139

173

160

137

-1.4%

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

82

71

54

83

1.2%

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

12.6

11.5

14.5

12.5

-1.4%

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

11.5%

12.1%

9.4%

9.5%

-17.6%

$2,030,000

$3,310,378

$3,971,667

$2,859,469

29.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.390

MAR

$1,900,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,060

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

12.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.900 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,575,000

$1,725,000

$1,580,500

$1,955,000

24.1%

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

$737

$845

$882

$773

4.9%

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

23

19

14

13

-43.5%

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

23

25

13

16

-30.4%

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

86

87

74

64

-25.6%

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

59

35

62

63

6.8%

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

3.7

4.6

5.3

4.9

31.7%

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

26.7%

28.7%

17.6%

25.0%

-6.5%

$1,539,375

$1,673,323

$1,836,479

$1,698,369

9.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.575

MAR

$1,955,000

APR MAY

MEDIAN SALES PRICE

JUN

$773

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.955 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BEVERLY HILLS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$6,700,000

$3,675,500

$6,175,000

$2,970,000

-55.7%

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

$1,411

$1,403

$1,691

$1,785

26.5%

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

9

12

11

7

-22.2%

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

9

15

10

17

88.9%

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

100

122

109

105

5.0%

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

44

58

118

52

18.2%

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

11.1

10.2

9.9

15

35.0%

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

9.0%

12.3%

9.2%

16.2%

79.9%

$4,837,555

$5,824,875

$4,556,333

$5,489,019

11.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $6.700

FEB MAR

$2,970,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,785

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

15 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.970 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BEVERLY HILLS- POST OFFICE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,820,590

$2,740,000

$3,050,000

$2,609,500

-7.5%

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

$875

$857

$988

$885

1.1%

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

8

21

13

10

25.0%

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

4

18

5

24

500.0%

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

145

170

151

148

2.1%

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

93

81

71

83

-10.8%

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

18.1

8.1

11.6

14.8

-18.3%

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

2.8%

10.6%

3.3%

16.2%

487.8%

$2,662,241

$3,205,917

$2,795,167

$3,398,065

21.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.820

MAR

$2,609,500

APR MAY

MEDIAN SALES PRICE

JUN

$885

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

14.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.609 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BEVERLYWOOD

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,102,000

$1,150,000

$1,482,500

$1,420,050

28.9%

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

$634

$761

$770

$727

14.7%

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

12

16

14

8

-33.3%

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

18

14

7

13

-27.8%

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

48

43

49

44

-8.3%

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

47

21

22

34

-27.7%

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

4

2.7

3.5

5.5

37.5%

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

37.5%

32.6%

14.3%

29.5%

-21.2%

$1,244,868

$1,561,175

$1,669,850

$1,448,102

14.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.102

MAR

$1,420,050

APR MAY

MEDIAN SALES PRICE

JUN

$727

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.420 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BRENTWOOD

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,725,000

$3,457,500

$3,150,000

$2,920,000

7.2%

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

$1,082

$1,022

$1,096

$1,127

4.2%

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

15

22

21

15

0.0%

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

20

22

24

18

-10.0%

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

138

138

154

134

-2.9%

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

46

51

37

52

13.0%

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

9.2

6.3

7.3

8.9

-2.9%

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

14.5%

15.9%

15.6%

13.4%

-7.3%

$3,227,208

$3,309,925

$3,199,850

$3,179,248

-1.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.725

MAR

$2,920,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,127

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.920 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CHEVIOT HILLS - RANCHO PARK

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,775,000

$1,745,000

$1,825,000

$1,801,500

1.5%

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

$891

$859

$918

$872

-2.1%

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

3

8

7

4

33.3%

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

12

6

7

8

-33.3%

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

30

22

22

28

-6.7%

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

48

28

23

31

-35.4%

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

10

2.8

3.1

7

-30.0%

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

40.0%

27.3%

31.8%

28.6%

-28.6%

$1,993,667

$1,917,129

$1,665,083

$2,017,906

1.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.775

MAR

$1,801,500

APR MAY

MEDIAN SALES PRICE

JUN

$872

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.801 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CULVER CITY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,140,000

$1,184,000

$1,154,000

$1,585,000

39.0%

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

$792

$783

$758

$804

1.5%

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

7

27

21

6

-14.3%

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

17

24

19

13

-23.5%

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

49

68

54

44

-10.2%

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

47

26

42

19

-59.6%

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

7

2.5

2.6

7.3

4.8%

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

34.7%

35.3%

35.2%

29.5%

-14.8%

$1,134,583

$1,255,167

$1,318,333

$1,215,577

6.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.140

MAR

$1,585,000

APR MAY

MEDIAN SALES PRICE

JUN

$804

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.585 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


DOWNTOWN

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$379,000

$350,000

$558,000

$400,000

5.5%

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

$275

$359

$272

$498

81.1%

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

5

9

5

5

0.0%

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

15

13

14

13

-13.3%

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

49

55

55

49

0.0%

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

35

35

38

45

28.6%

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

9.8

6.1

11

9.8

0.0%

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

30.6%

23.6%

25.5%

26.5%

-13.3%

$343,705

$404,322

$383,810

$394,206

12.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$379

MAR

$400,000

APR MAY

MEDIAN SALES PRICE

JUN

$498

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


HANCOCK PARK - WILSHIRE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,500,000

$1,630,000

$1,503,530

$1,475,000

-1.7%

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

$693

$634

$826

$616

-11.1%

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

20

25

21

11

-45.0%

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

21

31

23

19

-9.5%

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

91

98

89

89

-2.2%

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

55

65

79

54

-1.8%

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

4.6

3.9

4.2

8.1

77.8%

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

23.1%

31.6%

25.8%

21.3%

-7.5%

$1,658,793

$1,782,213

$1,715,333

$1,681,195

1.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.500

MAR

$1,475,000

APR MAY

MEDIAN SALES PRICE

JUN

$616

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.475 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


HOLLYWOOD

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$777,049

$1,059,000

$1,179,500

$997,500

28.4%

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

$584

$622

$591

$660

13.0%

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

4

13

6

6

50.0%

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

3

10

5

7

133.3%

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

39

49

36

41

5.1%

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

23

65

33

31

34.8%

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

9.8

3.8

6

6.8

-29.9%

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

7.7%

20.4%

13.9%

17.1%

122.0%

$994,254

$969,750

$913,333

$939,494

-5.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$777

MAR

$997,500

APR MAY

MEDIAN SALES PRICE

JUN

$660

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$997 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


HOLLYWOOD HILLS EAST

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,206,500

$1,452,000

$1,486,000

$1,476,000

22.3%

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

$582

$596

$436

$614

5.5%

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

10

7

4

8

-20.0%

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

9

16

16

15

66.7%

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

80

75

79

70

-12.5%

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

61

78

66

47

-23.0%

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

8.9

4.7

4.9

8.7

-1.6%

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

11.2%

21.3%

20.3%

21.4%

90.5%

$1,438,396

$1,441,750

$1,446,500

$1,449,535

0.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.206

MAR

$1,476,000

APR MAY

MEDIAN SALES PRICE

JUN

$614

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.476 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


INGLEWOOD

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$460,000

$570,000

$567,500

$532,000

15.7%

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

$331

$385

$431

$411

24.2%

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

12

23

12

13

8.3%

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

20

21

23

20

0.0%

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

68

65

65

80

17.6%

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

19

29

48

31

63.2%

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

3.4

3.1

2.8

6.2

81.0%

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

29.4%

32.3%

35.4%

25.0%

-15.0%

$465,613

$558,883

$575,667

$541,283

14.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$460

MAR

$532,000

APR MAY

MEDIAN SALES PRICE

JUN

$411

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$532 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LADERA HEIGHTS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,090,000

$1,250,000

$1,197,500

$1,117,000

2.5%

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

$456

$396

$427

$467

2.4%

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

3

11

5

4

33.3%

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

6

4

6

8

33.3%

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

19

23

23

24

26.3%

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

50

43

48

48

-4.0%

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

3.2

5.8

3.8

6

89.5%

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

31.6%

17.4%

26.1%

33.3%

5.6%

$1,004,865

$1,262,800

$1,198,100

$1,168,388

14.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.090

MAR

$1,117,000

APR MAY

MEDIAN SALES PRICE

JUN

$467

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.117 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LAUREL CANYON

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,320,300

$1,637,500

$1,600,000

$2,575,000

95.0%

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

$693

$738

$747

$891

28.6%

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

24

26

25

9

-62.5%

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

25

30

24

28

12.0%

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

143

177

153

150

4.9%

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

48

35

70

62

29.2%

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

5.7

5.9

6.4

5.4

-6.3%

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

17.5%

16.9%

15.7%

18.7%

6.8%

$1,599,882

$1,880,833

$2,200,833

$1,782,273

11.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.320

MAR

$2,575,000

APR MAY

MEDIAN SALES PRICE

JUN

$891

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.575 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LOS FELIZ

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,732,500

$1,625,000

$1,765,000

$1,725,000

-0.4%

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

$661

$718

$830

$806

21.9%

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

10

19

20

9

-10.0%

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

16

25

14

20

25.0%

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

81

95

80

66

-18.5%

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

39

39

48

46

17.9%

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

5.1

3.8

5.7

7.3

44.9%

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

19.8%

26.3%

17.5%

30.3%

53.4%

$1,633,514

$1,762,250

$1,841,667

$1,687,769

3.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.732

MAR

$1,725,000

APR MAY

MEDIAN SALES PRICE

JUN

$806

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.725 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MALIBU

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,737,500

$3,323,625

$2,015,000

$1,300,000

-52.5%

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

$1,132

$1,240

$773

$632

-44.2%

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

12

22

14

5

-58.3%

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

12

0

16

12

0.0%

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

194

215

197

200

3.1%

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

155

111

110

125

-19.4%

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

16.2

9.8

14.1

40

147.4%

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

6.2%

%

8.1%

6.0%

-3.0%

$2,560,583

$2,219,250

$1,915,167

$2,654,671

3.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.737

FEB MAR

$1,300,000

APR MAY

MEDIAN SALES PRICE

JUN

$632

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

40 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.300 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MALIBU BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$11,912,000

$6,940,000

$13,000,000

$3,450,000

-71.0%

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

$2,360

$2,246

$2,724

$1,496

-36.6%

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

2

3

1

4

100.0%

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

4

4

5

2

-50.0%

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

70

90

78

73

4.3%

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

141

147

107

286

102.8%

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

35

30

78

18.2

-47.9%

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

5.7%

4.4%

6.4%

2.7%

-52.1%

$7,249,021

$8,451,885

$7,912,102

$8,487,831

14.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $11.912

FEB MAR

$3,450,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,496

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

18.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$3.450 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MARINA DEL REY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,559,500

$1,381,500

$1,450,000

$1,625,000

4.2%

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

$853

$764

$751

$781

-8.4%

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

6

10

7

7

16.7%

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

6

6

7

10

66.7%

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

27

34

30

30

11.1%

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

46

59

43

48

4.3%

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

4.5

3.4

4.3

4.3

-4.8%

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

22.2%

17.6%

23.3%

33.3%

50.0%

$1,423,460

$1,718,417

$1,923,500

$1,532,346

7.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.559

MAR

$1,625,000

APR MAY

MEDIAN SALES PRICE

JUN

$781

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.625 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MID LOS ANGELES

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$665,000

$717,500

$608,000

$754,000

13.4%

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

$434

$456

$461

$512

18.0%

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

23

44

29

22

-4.3%

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

26

35

31

46

76.9%

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

107

117

118

126

17.8%

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

39

27

26

38

-2.6%

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

4.7

2.7

4.1

5.7

23.1%

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

24.3%

29.9%

26.3%

36.5%

50.2%

$616,935

$716,233

$704,800

$707,627

12.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$665

MAR

$754,000

APR MAY

MEDIAN SALES PRICE

JUN

$512

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$754 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MID WILSHIRE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$857,500

$865,000

$820,000

$0

-100.0%

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

$489

$407

$533

$0

-100.0%

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

6

7

7

0

-100.0%

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

5

9

8

8

60.0%

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

24

24

31

29

20.8%

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

18

49

34

46

155.6%

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

4

3.4

4.4

n/a

n/a

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

20.8%

37.5%

25.8%

27.6%

32.4%

$846,825

$1,059,300

$1,163,250

$978,792

13.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$857

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 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


PACIFIC PALISADES

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,895,000

$3,155,500

$3,297,500

$3,210,344

10.9%

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

$1,024

$1,059

$1,219

$1,022

-0.2%

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

17

34

18

14

-17.6%

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

22

25

12

22

0.0%

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

98

118

104

102

4.1%

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

65

70

17

41

-36.9%

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

5.8

3.5

5.8

7.3

26.4%

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

22.4%

21.2%

11.5%

21.6%

-3.9%

$2,928,515

$3,062,700

$2,898,733

$3,141,037

6.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.895

MAR

$3,210,344

APR MAY

MEDIAN SALES PRICE

JUN

$1,022

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$3.210 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


PALMS - MAR VISTA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,650,000

$1,594,800

$1,567,500

$1,595,000

-3.3%

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

$768

$803

$827

$850

10.7%

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

16

27

28

23

43.8%

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

24

30

24

32

33.3%

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

68

97

77

76

11.8%

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

35

34

30

27

-22.9%

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

4.2

3.6

2.8

3.3

-22.3%

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

35.3%

30.9%

31.2%

42.1%

19.3%

$1,403,502

$1,540,752

$1,571,917

$1,515,179

7.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.650

FEB MAR

$1,595,000

APR MAY

MEDIAN SALES PRICE

JUN

$850

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.595 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


PLAYA DEL REY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$0

$1,800,000

$1,121,275

$1,681,775

n/a

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

$0

$732

$1,005

$575

n/a

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

0

5

1

6

n/a

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

5

5

2

5

0.0%

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

19

21

24

26

36.8%

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

48

56

20

31

-35.4%

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

n/a

4.2

24

4.3

n/a

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

26.3%

23.8%

8.3%

19.2%

-26.9%

$1,422,875

$1,540,342

$1,623,758

$1,642,463

13.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1,681,775

APR MAY

MEDIAN SALES PRICE

JUN

$575

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.681 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


PLAYA VISTA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,552,000

$2,962,062

$1,875,000

$0

-100.0%

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

$780

$762

$801

$0

-100.0%

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

2

4

2

0

-100.0%

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

2

3

4

2

0.0%

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

13

15

10

11

-15.4%

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

50

17

74

8

-84.0%

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

6.5

3.8

5

0.2

-97.2%

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

15.4%

20.0%

40.0%

18.2%

18.2%

$1,310,271

$2,704,320

$2,667,250

$2,375,305

81.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.552

MAR

NO SALES

APR MAY

MEDIAN SALES PRICE

JUN

NO SALES

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

0.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SANTA MONICA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,552,000

$2,302,500

$3,350,000

$2,947,250

15.5%

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

$780

$1,163

$1,195

$1,021

30.9%

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

2

22

18

12

500.0%

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

2

22

14

14

600.0%

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

13

91

92

85

553.8%

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

50

48

32

34

-32.0%

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

6.5

4.1

5.1

7.1

9.0%

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

15.4%

24.2%

15.2%

16.5%

7.1%

$2,446,829

$3,161,458

$2,742,417

$2,807,981

12.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.552

MAR

$2,947,250

APR MAY

MEDIAN SALES PRICE

JUN

$1,021

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.947 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SUNSET STRIP - HOLLYWOOD HILLS WEST

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,900,000

$1,639,500

$2,038,750

$2,735,000

43.9%

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

$857

$839

$844

$1,142

33.3%

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

35

41

38

23

-34.3%

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

47

45

36

49

4.3%

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

295

366

335

332

12.5%

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

53

49

69

63

18.9%

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

8.4

8.9

8.8

14.4

71.3%

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

15.9%

12.3%

10.7%

14.8%

-7.4%

$1,743,738

$1,966,458

$2,173,333

$1,917,626

9.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.900

MAR

$2,735,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,142

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

14.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.735 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


VENICE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,673,000

$1,857,500

$1,985,000

$1,852,000

10.7%

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

$1,036

$1,078

$1,029

$1,237

19.4%

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

13

20

23

17

30.8%

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

22

24

17

15

-31.8%

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

100

137

87

80

-20.0%

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

49

41

31

48

-2.0%

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

7.7

6.8

3.8

4.7

-38.8%

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

22.0%

17.5%

19.5%

18.8%

-14.8%

$1,820,853

$2,013,708

$1,946,500

$2,057,712

13.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.673

MAR

$1,852,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,237

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.852 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WEST HOLLYWOOD

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,700,000

$1,925,000

$1,615,000

$2,625,000

54.4%

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

$890

$826

$857

$878

-1.3%

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

9

11

11

9

0.0%

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

8

12

11

16

100.0%

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

52

53

57

51

-1.9%

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

67

36

51

43

-35.8%

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

5.8

4.8

5.2

5.7

-1.9%

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

15.4%

22.6%

19.3%

31.4%

103.9%

$1,603,231

$1,996,875

$2,270,417

$1,812,758

11.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.700

MAR

$2,625,000

APR MAY

MEDIAN SALES PRICE

JUN

$878

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.625 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WEST LOS ANGELES

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,032,500

$1,229,000

$1,500,000

$1,288,000

24.7%

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

$606

$811

$786

$1,205

98.8%

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

6

13

7

5

-16.7%

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

8

20

10

5

-37.5%

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

36

50

37

34

-5.6%

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

27

33

36

40

48.1%

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

6

3.8

5.3

6.8

13.3%

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

22.2%

40.0%

27.0%

14.7%

-33.8%

$1,025,271

$1,308,721

$1,291,192

$1,227,987

19.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.032

MAR

$1,288,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,205

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.288 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WESTCHESTER

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,056,000

$1,210,000

$1,180,000

$1,240,000

17.4%

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

$663

$642

$641

$707

6.6%

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

25

41

29

23

-8.0%

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

16

25

22

29

81.2%

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

53

86

74

62

17.0%

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

29

28

32

29

0.0%

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

2.1

2.1

2.6

2.7

27.2%

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

30.2%

29.1%

29.7%

46.8%

54.9%

$1,065,121

$1,180,007

$1,167,515

$1,157,696

8.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.056

MAR

$1,240,000

APR MAY

MEDIAN SALES PRICE

JUN

$707

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.240 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WESTWOOD - CENTURY CITY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,530,000

$1,945,000

$2,361,000

$2,355,000

53.9%

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

$900

$847

$871

$850

-5.6%

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

13

15

15

9

-30.8%

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

14

16

15

16

14.3%

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

46

55

59

60

30.4%

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

18

41

30

27

50.0%

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

3.5

3.7

3.9

6.7

88.4%

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

30.4%

29.1%

25.4%

26.7%

-12.4%

$1,876,761

$2,259,019

$2,137,833

$2,136,486

13.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.530

MAR

$2,355,000

APR MAY

MEDIAN SALES PRICE

JUN

$850

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.355 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SOUTH BAY MACRO MARKET

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,246,983

$1,301,571

$1,333,667

$1,194,814

-4.2%

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

$591

$645

$632

$700

18.4%

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

151

282

213

158

4.6%

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

228

258

194

208

-8.8%

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

760

936

768

852

12.1%

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

44

40

43

27

-39.1%

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

5

3.3

3.6

5.4

7.1%

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

30.0%

27.6%

25.3%

24.4%

-18.6%

$1,264,181

$1,310,160

$1,276,119

$1,342,974

6.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.246

MAR

$1,194,814

APR MAY

MEDIAN SALES PRICE

JUN

$700

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.194 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


EL SEGUNDO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,275,000

$1,275,000

$1,310,000

$1,507,500

18.2%

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

$712

$732

$720

$642

-9.8%

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

3

11

9

6

100.0%

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

17

6

5

9

-47.1%

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

64

23

22

182

184.4%

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

34

43

41

26

-23.5%

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

21.3

0

2.4

30.3

42.2%

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

26.6%

26.1%

22.7%

4.9%

-81.4%

$1,300,506

$1,360,500

$1,429,500

$1,310,038

0.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.275

MAR

$1,507,500

APR MAY

MEDIAN SALES PRICE

JUN

$642

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

30.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.507 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


HERMOSA BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,260,000

$1,850,000

$1,575,000

$1,472,500

16.9%

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

$475

$1,160

$904

$1,480

211.6%

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

2

13

12

4

100.0%

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

7

7

7

3

-57.1%

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

35

43

34

28

-20.0%

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

54

41

43

22

-59.3%

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

17.5

3.3

2.8

7

-60.0%

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

20.0%

16.3%

20.6%

10.7%

-46.4%

$1,660,573

$1,938,750

$1,825,833

$1,942,896

17.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.260

MAR

$1,472,500

APR MAY

MEDIAN SALES PRICE

JUN

$1,480

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.472 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MANHATTAN BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,575,500

$2,565,000

$2,275,000

$2,250,000

42.8%

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

$1,061

$1,203

$1,016

$935

-11.9%

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

12

28

26

18

50.0%

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

24

21

24

22

-8.3%

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

126

136

122

101

-19.8%

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

53

62

68

44

-17.0%

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

10.5

4.9

4.7

5.6

-46.6%

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

19.0%

15.4%

19.7%

21.8%

14.4%

$2,242,917

$2,471,583

$2,388,333

$2,402,077

7.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.575

MAR

$2,250,000

APR MAY

MEDIAN SALES PRICE

JUN

$935

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.250 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


PALOS VERDES ESTATES

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,720,000

$1,960,000

$1,625,000

$1,685,000

-2.0%

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

$707

$652

$670

$717

1.4%

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

15

14

11

9

-40.0%

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

26

24

11

16

-38.5%

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

86

95

67

72

-16.3%

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

59

60

40

45

-23.7%

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

5.7

6.8

6.1

8

39.5%

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

30.2%

25.3%

16.4%

22.2%

-26.5%

$1,902,029

$1,698,542

$1,711,167

$1,849,827

-2.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1,685,000

APR MAY

MEDIAN SALES PRICE

JUN

$717

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.685 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


RANCHO PALOS VERDES

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,182,250

$1,960,000

$1,283,000

$1,350,000

14.2%

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

$572

$652

$624

$627

9.6%

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

16

14

19

25

56.2%

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

23

24

30

27

17.4%

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

103

95

131

118

14.6%

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

43

60

53

38

-11.6%

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

6.4

6.8

6.9

4.7

-26.7%

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

22.3%

25.3%

22.9%

22.9%

2.5%

$1,264,875

$1,287,588

$1,305,842

$1,355,637

7.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.182

MAR

$1,350,000

APR MAY

MEDIAN SALES PRICE

JUN

$627

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.350 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


REDONDO BEACH- NORTH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$900,000

$987,500

$825,000

$1,065,000

18.3%

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

$627

$610

$656

$602

-4.0%

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

11

22

11

18

63.6%

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

16

18

16

10

-37.5%

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

35

44

39

25

-28.6%

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

24

40

40

8

-66.7%

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

3.2

2

3.5

1.4

-56.3%

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

45.7%

40.9%

41.0%

40.0%

-12.5%

$942,438

$1,028,083

$1,036,333

$985,385

4.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$900

MAR

$1,065,000

APR MAY

MEDIAN SALES PRICE

JUN

$602

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.065 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


REDONDO BEACH- SOUTH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,455,500

$1,610,000

$1,618,500

$1,432,875

-1.6%

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

$589

$660

$571

$1,369

132.4%

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

12

26

16

11

-8.3%

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

14

16

15

16

14.3%

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

41

59

46

46

12.2%

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

11

37

77

28

154.5%

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

3.4

2.3

2.9

4.2

22.4%

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

34.1%

27.1%

32.6%

34.8%

1.9%

$1,398,540

$1,493,896

$1,431,625

$1,467,567

4.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.455

MAR

$1,432,875

APR MAY

MEDIAN SALES PRICE

JUN

$1,369

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.432 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ROLLING HILLS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$3,541,250

$0

$3,590,000

$1,650,000

-53.4%

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

$838

$0

$939

$574

-31.5%

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

2

0

4

1

-50.0%

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

1

1

2

2

100.0%

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

26

31

29

30

15.4%

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

74

68

46

14

-81.1%

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

13

n/a

7.2

30

130.8%

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

3.8%

3.2%

6.9%

6.7%

73.3%

$2,567,158

$2,949,875

$2,575,000

$2,864,825

11.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $3.541

FEB MAR

$1,650,000

APR MAY

MEDIAN SALES PRICE

JUN

$574

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

30 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.650 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ROLLING HILLS ESTATES

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,512,000

$1,430,000

$1,588,000

$1,567,500

3.7%

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

$644

$570

$535

$624

-3.1%

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

3

11

3

6

100.0%

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

8

1

3

9

12.5%

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

22

31

24

23

4.5%

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

90

68

54

52

-42.2%

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

7.3

2.8

8

3.8

-47.7%

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

36.4%

3.2%

12.5%

39.1%

7.6%

$1,567,709

$1,625,917

$1,585,833

$1,535,846

-2.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.512

MAR

$1,567,500

APR MAY

MEDIAN SALES PRICE

JUN

$624

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.567 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SAN PEDRO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$627,500

$735,000

$623,000

$82

-100.0%

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

$389

$435

$444

$417

7.2%

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

34

45

29

27

-20.6%

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

30

42

28

31

3.3%

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

95

147

107

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

41

34

19

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

2.8

3.3

3.7

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

31.6%

28.6%

26.2%

%

%

$619,308

$645,000

$658,333

$655,615

5.9%

Average Median Price for Last 12 Months

% 30

-26.8% %

*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

$627

MAR

$82

APR MAY

MEDIAN SALES PRICE

JUN

$417

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

NO SALES MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$670 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


TORRANCE- COUNTY STRIP

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$477,500

$557,000

$542,000

$522,500

9.4%

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

$345

$384

$395

$456

32.2%

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

6

10

5

3

-50.0%

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

9

8

3

7

-22.2%

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

17

23

16

15

-11.8%

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

42

20

27

18

-57.1%

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

2.8

2.3

3.2

5

76.5%

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

52.9%

34.8%

18.8%

46.7%

-11.9%

$508,742

$528,000

$515,833

$524,865

3.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$477

MAR

$522,500

APR MAY

MEDIAN SALES PRICE

JUN

$456

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$522 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


TORRANCE- NORTH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$583,750

$695,000

$680,000

$717,250

22.9%

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

$432

$507

$490

$462

6.9%

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

14

21

10

8

-42.9%

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

15

22

16

11

-26.7%

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

25

50

35

33

32.0%

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

33

16

21

22

-33.3%

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

1.8

2.4

3.5

4.1

131.0%

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

60.0%

44.0%

45.7%

33.3%

-44.4%

$626,354

$686,458

$696,583

$672,462

7.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$583

MAR

$717,250

APR MAY

MEDIAN SALES PRICE

JUN

$462

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$717 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


TORRANCE- SOUTH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,163,000

$952,500

$884,500

$965,000

-17.0%

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

$464

$495

$528

$530

14.2%

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

6

28

28

10

66.7%

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

14

30

16

18

28.6%

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

32

79

39

40

25.0%

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

58

24

40

13

-77.6%

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

5.3

2.8

1.4

4

-25.0%

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

43.8%

38.0%

41.0%

45.0%

2.9%

$900,311

$963,750

$995,167

$962,731

6.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.163

FEB MAR

$965,000

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

$965 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


TORRANCE- SOUTHEAST

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$645,500

$720,000

$722,500

$782,000

21.1%

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

$463

$440

$447

$530

14.5%

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

4

20

18

6

50.0%

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

8

17

3

14

75.0%

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

23

44

28

32

39.1%

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

22

20

57

25

13.6%

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

5.8

2.2

1.6

5.3

-7.2%

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

34.8%

38.6%

10.7%

43.8%

25.8%

$642,271

$749,248

$738,663

$715,499

11.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$645

MAR

$782,000

APR MAY

MEDIAN SALES PRICE

JUN

$530

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$782 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


TORRANCE- WEST

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$786,000

$925,000

$863,500

$955,000

21.5%

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

$552

$525

$547

$535

-3.1%

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

11

19

12

6

-45.5%

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

16

21

15

13

-18.8%

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

30

36

29

25

-16.7%

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

16

14

26

13

-18.8%

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

2.7

1.9

2.4

4.2

52.8%

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

53.3%

58.3%

51.7%

52.0%

-2.5%

$818,979

$902,917

$920,000

$899,346

9.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$786

MAR

$955,000

APR MAY

MEDIAN SALES PRICE

JUN

$535

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$955 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SAN FERNANDO VALLEY MACRO MARKET

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$954,500

$994,647

$1,009,000

$960,059

0.6%

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

$443

$467

$500

$478

8.1%

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

19

37

28

19

0.3%

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

32

37

28

30

-6.1%

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

53

68

55

58

9.9%

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

71

56

61

55

-23.4%

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

2.8

1.9

2

3.1

9.5%

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

59.4%

54.6%

51.6%

50.8%

-14.5%

$905,482

$992,667

$1,001,451

$958,914

5.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$954

MAR

$960,059

APR MAY

MEDIAN SALES PRICE

JUN

$478

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$960 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


AGOURA HILLS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$795,000

$980,000

$855,000

$1,000,000

25.8%

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

$364

$391

$420

$449

23.4%

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

19

16

13

14

-26.3%

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

22

20

13

24

9.1%

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

43

64

56

48

11.6%

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

64

59

61

47

-26.6%

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

2.3

4

4.3

3.4

51.5%

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

51.2%

31.2%

23.2%

50.0%

-2.3%

$842,333

$926,000

$951,667

$974,923

15.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1,000,000

APR MAY

MEDIAN SALES PRICE

JUN

$449

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BURBANK

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$735,000

$784,000

$785,000

$808,000

9.9%

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

$514

$517

$534

$566

10.1%

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

31

64

47

26

-16.1%

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

46

59

43

51

10.9%

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

46

68

32

38

-17.4%

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

55

33

51

39

-29.1%

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

1.5

1.1

0.7

1.5

-1.5%

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

100.0%

86.8%

134.4%

134.2%

34.2%

Average Median Price for Last 12 Months

$751,167

$821,167

$837,667

$792,923

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

$735

MAR

$808,000

APR MAY

MEDIAN SALES PRICE

JUN

$566

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$808 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CALABASAS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,107,000

$1,526,000

$1,505,000

$1,540,000

39.1%

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

$482

$460

$454

$502

4.1%

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

13

34

21

14

7.7%

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

25

29

13

20

-20.0%

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

69

94

63

76

10.1%

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

65

70

122

66

1.5%

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

5.3

2.8

3

5.4

2.3%

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

36.2%

30.9%

20.6%

26.3%

-27.4%

$1,432,833

$1,421,667

$1,524,333

$1,389,462

-3.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.107

MAR

$1,540,000

APR MAY

MEDIAN SALES PRICE

JUN

$502

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.540 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ENCINO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$872,000

$1,317,000

$1,266,000

$1,550,000

77.8%

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

$522

$547

$516

$531

1.7%

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

18

48

32

27

50.0%

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

47

46

36

38

-19.1%

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

92

112

84

93

1.1%

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

43

58

63

88

104.7%

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

5.1

2.3

2.6

3.4

-32.6%

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

51.1%

41.1%

42.9%

40.9%

-20.0%

$1,252,333

$1,515,167

$1,644,667

$1,362,077

8.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1,550,000

APR MAY

MEDIAN SALES PRICE

JUN

$531

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.550 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


GLENDALE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$964,000

$893,000

$851,000

$910,000

-5.6%

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

$484

$513

$509

$510

5.4%

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

28

61

61

37

32.1%

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

40

67

65

34

-15.0%

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

80

105

88

66

-17.5%

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

66

37

43

50

-24.2%

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

2

1.2

1.3

2.9

42.9%

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

61.3%

79.4%

77.9%

50.0%

-18.4%

$861,917

$916,167

$924,667

$911,417

5.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$869

MAR

$910,000

APR MAY

MEDIAN SALES PRICE

JUN

$510

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$964 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LA CRESCENTA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$788,000

$838,000

$868,000

$940,000

19.3%

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

$477

$529

$519

$540

13.2%

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

14

22

11

8

-42.9%

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

16

21

17

11

-31.2%

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

20

22

21

15

-25.0%

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

46

46

47

51

10.9%

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

1.4

1

1.9

1.9

31.2%

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

80.0%

95.5%

81.0%

73.3%

-8.3%

$808,583

$876,333

$912,667

$857,923

6.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$940,000

APR MAY

MEDIAN SALES PRICE

JUN

$540

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$940 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


NORTH HOLLYWOOD

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$508,000

$613,000

$580,000

$613,000

20.7%

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

$382

$436

$446

$451

18.1%

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

22

34

37

17

-22.7%

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

37

44

37

28

-24.3%

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

52

51

43

30

-42.3%

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

53

41

43

103

94.3%

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

2.4

1.5

1.2

1.8

-25.3%

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

71.2%

86.3%

86.0%

93.3%

31.2%

$528,583

$606,000

$617,000

$584,538

10.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$508

MAR

$613,000

APR MAY

MEDIAN SALES PRICE

JUN

$451

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$613 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SHADOW HILLS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$810,000

$715,000

$878,000

$0

-100.0%

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

$286

$387

$322

$0

-100.0%

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

3

5

7

0

-100.0%

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

6

6

2

7

16.7%

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

10

8

11

11

10.0%

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

99

127

119

0

-100.0%

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

3.3

1.6

1.6

n/a

n/a

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

60.0%

75.0%

18.2%

63.6%

6.1%

$759,167

$624,833

$394,333

$757,462

-0.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

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 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SHERMAN OAKS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,340,000

$1,083,000

$1,135,000

$1,229,000

-8.3%

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

$497

$538

$541

$591

18.9%

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

36

73

53

43

19.4%

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

74

67

49

51

-31.1%

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

91

131

94

92

1.1%

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

85

56

58

58

-31.8%

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

2.5

1.8

1.8

2.1

-15.4%

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

81.3%

51.1%

52.1%

55.4%

-31.8%

$1,168,250

$1,192,333

$1,243,000

$1,184,538

1.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.340

FEB MAR

$1,229,000

APR MAY

MEDIAN SALES PRICE

JUN

$591

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.229 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


STUDIO CITY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,340,000

$1,381,000

$1,430,000

$1,265,000

-5.6%

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

$497

$571

$653

$599

20.5%

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

36

36

30

26

-27.8%

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

74

36

28

36

-51.4%

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

91

71

64

65

-28.6%

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

85

58

56

45

-47.1%

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

2.5

2

2.1

2.5

-1.1%

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

81.3%

50.7%

43.8%

55.4%

-31.9%

$1,415,167

$1,411,333

$1,483,333

$1,408,769

-0.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.340

MAR

$1,265,000

APR MAY

MEDIAN SALES PRICE

JUN

$599

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.265 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SUN VALLEY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$495,000

$514,000

$542,000

$497,000

0.4%

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

$397

$333

$400

$459

15.6%

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

13

24

14

10

-23.1%

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

12

26

21

24

100.0%

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

13

16

26

17

30.8%

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

49

43

24

34

-30.6%

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

1

0.7

1.9

1.7

70.0%

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

92.3%

162.5%

80.8%

141.2%

52.9%

$482,333

$553,833

$558,333

$535,538

11.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$495

MAR

$497,000

APR MAY

MEDIAN SALES PRICE

JUN

$459

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$497 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SUNLAND/TUJUNGA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$550,000

$562,000

$501,000

$602,000

9.5%

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

$365

$393

$456

$413

13.2%

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

11

19

20

10

-9.1%

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

17

26

19

9

-47.1%

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

14

20

16

19

35.7%

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

82

49

56

37

-54.9%

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

1.3

1.1

0.8

1.9

49.3%

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

121.4%

130.0%

118.8%

47.4%

-61.0%

Average Median Price for Last 12 Months

$556,667

$563,000

$599,333

$584,538

5.0%

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

CURRENT MARKET SNAPSHOT FEB

$550

MAR

$602,000

APR MAY

MEDIAN SALES PRICE

JUN

$413

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$602 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


TARZANA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$999,000

$1,081,000

$1,065,000

$1,250,000

25.1%

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

$391

$422

$399

$511

30.7%

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

25

30

19

13

-48.0%

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

23

38

28

42

82.6%

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

57

87

76

74

29.8%

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

75

48

77

59

-21.3%

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

2.3

2.9

4

5.7

149.7%

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

40.4%

43.7%

36.8%

56.8%

40.7%

$1,027,750

$1,059,833

$1,006,333

$1,050,615

2.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$999

MAR

$1,250,000

APR MAY

MEDIAN SALES PRICE

JUN

$511

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.250 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


TOLUCA LAKE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,975,000

$1,420,000

$1,620,000

$1,175,000

-40.5%

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

$693

$558

$897

$598

-13.7%

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

4

7

4

5

25.0%

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

8

9

9

6

-25.0%

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

15

17

13

15

0.0%

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

108

54

5

52

-51.9%

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

3.8

2.4

3.2

3

-20.0%

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

53.3%

52.9%

69.2%

40.0%

-25.0%

$1,396,750

$1,354,333

$1,369,333

$1,561,462

11.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.975

FEB MAR

$1,175,000

APR MAY

MEDIAN SALES PRICE

JUN

$598

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.175 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


VALLEY VILLAGE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$815,000

$1,089,000

$1,051,000

$945,000

16.0%

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

$429

$513

$538

$638

48.7%

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

10

25

15

6

-40.0%

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

16

12

15

12

-25.0%

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

24

28

17

18

-25.0%

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

68

53

54

36

-47.1%

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

2.4

1.1

1.1

3

25.0%

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

66.7%

42.9%

88.2%

66.7%

0.0%

$905,750

$979,667

$985,667

$963,154

6.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$945,000

APR MAY

MEDIAN SALES PRICE

JUN

$638

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$945 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WESTLAKE VILLAGE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,373,000

$1,308,000

$1,451,000

$1,093,000

-20.4%

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

$426

$443

$511

$402

-5.6%

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

16

32

26

14

-12.5%

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

23

39

21

22

-4.3%

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

93

101

96

95

2.2%

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

70

58

99

91

30.0%

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

5.8

3.2

3.7

6.8

16.7%

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

24.7%

38.6%

21.9%

23.2%

-6.4%

$1,237,833

$1,208,500

$1,089,333

$1,199,769

-3.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.373

FEB MAR

$1,093,000

APR MAY

MEDIAN SALES PRICE

JUN

$402

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.093 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WOODLAND HILLS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$770,000

$805,000

$770,000

$850,000

10.4%

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

$358

$390

$392

$399

11.5%

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

33

92

61

63

90.9%

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

58

90

66

82

41.4%

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

119

167

135

205

72.3%

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

96

55

55

58

-39.6%

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

3.6

1.8

2.2

3.3

-9.8%

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

48.7%

53.9%

48.9%

40.0%

-17.9%

$762,333

$836,167

$865,000

$869,846

14.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$770

MAR

$850,000

APR MAY

MEDIAN SALES PRICE

JUN

$399

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$850 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SAN GABRIEL VALLEY MACRO MARKET

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,057,833

$1,065,333

$1,130,167

$1,090,083

3.0%

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

$530

$553

$568

$575

8.5%

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

15

27

20

15

1.7%

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

21

29

21

20

-3.3%

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

49

59

47

52

5.6%

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

58

35

45

35

-40.3%

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

3.3

2.2

2.4

3.4

3.9%

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

41.9%

48.9%

44.8%

38.4%

-8.4%

$1,039,326

$1,073,347

$1,073,278

$1,069,013

2.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.057

FEB MAR

$1,090,083

APR MAY

MEDIAN SALES PRICE

JUN

$575

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.090 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ALHAMBRA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$634,000

$699,000

$680,000

$639,000

0.8%

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

$444

$437

$479

$511

15.1%

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

14

23

13

10

-28.6%

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

17

29

14

12

-29.4%

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

33

23

16

19

-42.4%

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

60

27

33

19

-68.3%

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

2.4

1

1.2

1.9

-19.4%

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

51.5%

126.1%

87.5%

63.2%

22.6%

$626,417

$695,667

$714,667

$679,231

8.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$634

MAR

$639,000

APR MAY

MEDIAN SALES PRICE

JUN

$511

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$639 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ALTADENA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$760,000

$820,000

$822,000

$863,000

13.6%

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

$464

$515

$484

$527

13.6%

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

23

37

33

18

-21.7%

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

32

25

26

20

-37.5%

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

34

53

35

51

50.0%

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

54

35

42

29

-46.3%

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

1.5

1.4

1.1

2.8

91.7%

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

94.1%

47.2%

74.3%

39.2%

-58.3%

$750,167

$820,333

$819,667

$816,385

8.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$760

MAR

$863,000

APR MAY

MEDIAN SALES PRICE

JUN

$527

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$863 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ARCADIA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,263,000

$1,288,000

$1,400,000

$1,630,000

29.1%

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

$546

$539

$568

$512

-6.2%

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

24

41

38

21

-12.5%

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

32

40

29

29

-9.4%

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

181

228

191

204

12.7%

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

60

35

50

45

-25.0%

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

7.5

5.6

5

9.7

28.8%

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

17.7%

17.5%

15.2%

14.2%

-19.6%

$1,281,833

$1,380,500

$1,478,000

$1,288,462

0.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.263

MAR

$1,630,000

APR MAY

MEDIAN SALES PRICE

JUN

$512

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.630 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


DUARTE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$463,000

$519,000

$525,000

$480,000

3.7%

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

$359

$409

$361

$421

17.3%

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

5

16

8

11

120.0%

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

11

18

13

21

90.9%

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

22

26

18

20

-9.1%

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

55

20

36

38

-30.9%

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

4.4

1.6

2.2

1.8

-58.7%

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

50.0%

69.2%

72.2%

105.0%

110.0%

$481,250

$520,833

$517,333

$503,385

4.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$463

MAR

$480,000

APR MAY

MEDIAN SALES PRICE

JUN

$421

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$480 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


EAGLE ROCK

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$628,000

$900,000

$860,000

$868,000

38.2%

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

$530

$613

$569

$545

2.8%

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

2

7

7

14

600.0%

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

6

7

5

20

233.3%

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

8

9

6

18

125.0%

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

47

48

45

44

-6.4%

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

4

1.3

0.9

1.3

-67.9%

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

75.0%

77.8%

83.3%

111.1%

48.1%

$789,750

$896,333

$937,333

$840,000

6.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$628

MAR

$868,000

APR MAY

MEDIAN SALES PRICE

JUN

$545

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$868 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LA CANADA FLINTRIDGE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,537,000

$1,650,000

$2,495,000

$1,250,000

-18.7%

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

$613

$661

$655

$668

9.0%

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

12

26

13

7

-41.7%

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

16

24

24

12

-25.0%

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

41

45

27

37

-9.8%

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

61

43

42

19

-68.9%

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

3.4

1.7

2.1

5.3

54.7%

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

39.0%

53.3%

88.9%

32.4%

-16.9%

$1,751,833

$1,663,167

$1,512,000

$1,714,462

-2.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.537

MAR

$1,250,000

APR MAY

MEDIAN SALES PRICE

JUN

$668

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.250 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MONROVIA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$632,000

$655,000

$679,000

$703,000

11.2%

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

$377

$445

$467

$490

30.0%

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

16

23

30

16

0.0%

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

21

19

20

19

-9.5%

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

38

50

36

25

-34.2%

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

64

22

30

58

-9.4%

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

2.4

2.2

1.2

1.6

-34.2%

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

55.3%

38.0%

55.6%

76.0%

37.5%

$637,833

$715,667

$717,000

$704,000

10.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$632

MAR

$703,000

APR MAY

MEDIAN SALES PRICE

JUN

$490

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$703 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


PASADENA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$865,000

$935,000

$943,000

$960,000

11.0%

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

$559

$573

$637

$529

-5.4%

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

64

92

58

51

-20.3%

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

67

108

73

61

-9.0%

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

130

145

128

136

4.6%

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

67

40

40

42

-37.3%

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

2

1.6

2.2

2.7

31.3%

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

51.5%

74.5%

57.0%

44.9%

-13.0%

$848,083

$940,333

$947,333

$929,077

9.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$865

MAR

$960,000

APR MAY

MEDIAN SALES PRICE

JUN

$529

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$960 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SAN GABRIEL

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$892,000

$820,000

$863,000

$845,000

-5.3%

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

$483

$503

$499

$485

0.4%

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

9

27

20

14

55.6%

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

19

36

23

15

-21.1%

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

38

51

40

40

5.3%

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

62

33

34

17

-72.6%

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

4.2

1.9

2

2.9

-32.3%

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

50.0%

70.6%

57.5%

37.5%

-25.0%

$739,417

$829,333

$824,333

$800,154

8.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $892

FEB MAR

$845,000

APR MAY

MEDIAN SALES PRICE

JUN

$485

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$845 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SAN MARINO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,700,000

$2,000,000

$1,875,000

$2,405,000

-10.9%

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

$941

$790

$823

$940

-0.1%

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

3

5

8

8

166.7%

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

9

17

13

9

0.0%

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

34

49

40

41

20.6%

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

37

48

136

31

-16.2%

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

11.3

9.8

5

5.1

-54.8%

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

26.5%

34.7%

32.5%

22.0%

-17.1%

$2,281,500

$2,096,000

$2,100,000

$2,173,923

-4.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.700

FEB MAR

$2,405,000

APR MAY

MEDIAN SALES PRICE

JUN

$940

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.405 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SIERRA MADRE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$890,000

$1,005,000

$1,020,000

$825,000

-7.3%

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

$454

$510

$509

$567

24.9%

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

3

7

6

7

133.3%

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

5

8

10

10

100.0%

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

16

21

17

17

6.2%

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

65

32

33

24

-63.1%

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

5.3

3

2.8

2.4

-54.5%

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

31.2%

38.1%

58.8%

58.8%

88.2%

$992,167

$920,167

$779,333

$988,769

-0.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$890

MAR

$825,000

APR MAY

MEDIAN SALES PRICE

JUN

$567

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$825 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SOUTH PASADENA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,430,000

$1,493,000

$1,400,000

$1,613,000

12.8%

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

$589

$638

$761

$703

19.4%

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

3

19

5

4

33.3%

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

11

18

4

10

-9.1%

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

12

13

13

12

0.0%

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

65

42

24

50

-23.1%

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

4

0.7

2.6

3

-25.0%

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

91.7%

138.5%

30.8%

83.3%

-9.1%

$1,291,667

$1,401,833

$1,532,333

$1,390,308

7.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.430

MAR

$1,613,000

APR MAY

MEDIAN SALES PRICE

JUN

$703

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.613 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ORANGE COUNTY

ORANGE COUNTY MACRO

IRVINE

NEWPORT HEIGHTS

ALISO VIEJO

LADERA RANCH

RANCHO SANTA MARGARITA

BALBOA PENINSULA

LAGUNA BEACH

SAN CLEMENTE

CORONA DEL MAR - SPYGLASS

LAGUNA HILLS

SAN JUAN CAPISTRANO

COTO DE CAZA

LAGUNA NIGUEL

SEAL BEACH

CRYSTAL COVE

LAGUNA WOODS

SHADY CANYON

DANA POINT

LOWER NEWPORT BAY - BALBOA ISLAND

TURTLE RIDGE

EAST BLUFF - HARBOR VIEW

MISSION VIEJO

TURTLE ROCK

EAST COSTA MESA

NELLE GAIL

WESTMINSTER

FOUNTAIN VALLEY

NEWPORT BEACH

WEST BAY - SANTA ANA HEIGHTS

HUNTINGTON BEACH

NEWPORT COAST

WEST NEWPORT - LIDO

Micro Market Report : February 2018


COUNTY: ORANGE AREA: 948 SQ MILES FOUNDED: 1889

Micro Market Report : February 2018


ORANGE COUNTY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$743,000

$780,000

$780,000

$801,000

7.8%

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

$460

$460

$456

$473

2.8%

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

1125

1881

1519

1115

-0.9%

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

1552

1891

1301

1507

-2.9%

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

5,368

6,715

5,099

5,018

-6.5%

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

47

47

47

41

-12.8%

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

4.8

3.6

3.4

4.5

-5.7%

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

28.9%

28.2%

25.5%

30.0%

3.9%

$735,538

$784,750

$787,000

$778,269

5.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $743

FEB MAR

$801,000

APR MAY

MEDIAN SALES PRICE

JUN

$473

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$801 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ALISO VIEJO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$717,450

$853,000

$785,000

$808,000

12.6%

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

$379

$387

$403

$406

7.1%

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

14

20

11

12

-14.3%

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

19

24

15

13

-31.6%

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

55

66

32

31

-43.6%

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

20

30

44

14

-30.0%

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

3.9

3.3

2.9

2.6

-34.2%

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

34.5%

36.4%

46.9%

41.9%

21.4%

$777,267

$811,158

$815,667

$809,569

4.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$717

MAR

$808,000

APR MAY

MEDIAN SALES PRICE

JUN

$406

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$808 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BALBOA PENINSULA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,150,000

$2,800,000

$2,900,000

$4,265,000

98.4%

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

$793

$1,393

$2,651

$1,661

109.5%

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

5

7

1

4

-20.0%

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

19

2

4

4

-78.9%

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

55

32

34

31

-43.6%

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

20

113

80

42

110.0%

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

11

4.6

34

7.8

-29.5%

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

34.5%

6.2%

11.8%

12.9%

-62.6%

$3,522,458

$3,465,000

$3,513,333

$3,217,500

-8.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.150

MAR

$4,265,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,661

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$4.265 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CORONA DEL MAR - SPYGLASS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,944,500

$2,395,000

$2,605,000

$3,552,000

20.6%

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

$1,163

$1,123

$1,127

$1,301

11.9%

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

9

9

14

7

-22.2%

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

11

14

12

15

36.4%

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

74

88

78

81

9.5%

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

41

80

90

63

53.7%

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

8.2

9.8

5.6

11.6

40.7%

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

14.9%

15.9%

15.4%

18.5%

24.6%

$2,875,936

$3,016,167

$3,318,333

$2,870,051

-0.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.944

MAR

$3,552,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,301

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

11.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$3.552 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


COTO DE CAZA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,055,000

$1,232,500

$1,232,000

$1,265,027

19.9%

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

$375

$375

$349

$363

-3.2%

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

20

20

14

15

-25.0%

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

17

24

12

21

23.5%

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

96

123

96

113

17.7%

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

49

69

88

101

106.1%

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

4.8

6.2

6.9

7.5

56.9%

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

17.7%

19.5%

12.5%

18.6%

4.9%

$1,166,485

$1,262,005

$1,305,009

$1,227,694

5.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.055

MAR

$1,265,027

APR MAY

MEDIAN SALES PRICE

JUN

$363

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.265 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CRYSTAL COVE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$6,975,000

$13,075,000

$5,590,000

$6,100,000

-12.5%

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

$1,306

$1,565

$1,279

$1,234

-5.5%

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

4

2

1

2

-50.0%

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

2

4

1

2

0.0%

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

21

23

26

21

0.0%

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

44

104

71

378

759.1%

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

5.2

11.5

26

10.5

100.0%

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

9.5%

17.4%

3.8%

9.5%

0.0%

$4,941,803

$5,819,306

$5,763,844

$7,172,628

45.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$6.975

MAR

$6,100,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,234

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$6.100 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


DANA POINT

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,058,500

$1,040,000

$1,394,000

$1,072,000

1.3%

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

$551

$533

$682

$611

10.9%

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

20

33

30

14

-30.0%

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

18

32

19

26

44.4%

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

146

207

149

145

-0.7%

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

73

74

44

102

39.7%

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

7.3

6.3

5

10.4

41.9%

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

12.3%

15.5%

12.8%

17.9%

45.4%

$981,074

$1,167,250

$1,065,667

$1,114,538

13.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.058

MAR

$1,072,000

APR MAY

MEDIAN SALES PRICE

JUN

$611

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.072 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


EAST BLUFF - HARBOR VIEW

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,500,000

$2,032,500

$1,749,000

$2,220,000

-11.2%

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

$788

$657

$621

$692

-12.2%

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

9

18

7

15

66.7%

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

8

18

12

16

100.0%

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

80

106

92

92

15.0%

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

60

68

77

68

13.3%

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

8.9

5.9

13.1

6.1

-31.0%

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

10.0%

17.0%

13.0%

17.4%

73.9%

$1,900,051

$2,236,083

$2,374,167

$2,109,346

11.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.500

MAR

$2,220,000

APR MAY

MEDIAN SALES PRICE

JUN

$692

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.220 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


EAST COSTA MESA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,070,000

$1,050,000

$1,050,000

$1,191,000

11.3%

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

$555

$593

$644

$627

13.0%

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

16

19

19

16

0.0%

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

18

17

11

18

0.0%

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

46

71

65

67

45.7%

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

54

51

68

27

-50.0%

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

2.9

3.7

3.4

4.2

45.7%

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

39.1%

23.9%

16.9%

26.9%

-31.3%

$1,013,154

$1,036,812

$1,074,333

$1,029,221

1.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.070

MAR

$1,191,000

APR MAY

MEDIAN SALES PRICE

JUN

$627

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.191 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


FOUNTAIN VALLEY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$767,500

$770,000

$778,500

$852,500

11.1%

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

$384

$388

$406

$417

8.6%

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

17

27

22

22

29.4%

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

26

32

27

24

-7.7%

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

51

64

53

53

3.9%

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

41

27

24

19

-53.7%

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

3

2.4

2.4

2.4

-19.7%

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

51.0%

50.0%

50.9%

45.3%

-11.2%

$753,746

$789,667

$802,333

$786,404

4.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$767

MAR

$852,500

APR MAY

MEDIAN SALES PRICE

JUN

$417

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$852 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


HUNTINGTON BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$791,000

$900,000

$922,500

$960,000

21.4%

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

$471

$501

$511

$510

8.3%

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

76

131

98

69

-9.2%

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

92

117

90

97

5.4%

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

252

349

264

268

6.3%

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

37

42

39

39

5.4%

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

3.3

2.7

2.7

3.9

17.1%

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

36.5%

33.5%

34.1%

36.2%

-0.9%

$811,333

$885,583

$888,333

$868,808

7.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$791

MAR

$960,000

APR MAY

MEDIAN SALES PRICE

JUN

$510

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$960 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


IRVINE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,130,000

$1,150,000

$1,240,000

$1,195,999

5.8%

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

$475

$483

$522

$511

7.6%

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

74

136

93

68

-8.1%

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

106

122

81

93

-12.3%

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

363

475

317

358

-1.4%

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

36

53

56

34

-5.6%

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

4.9

3.5

3.4

5.3

7.3%

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

29.2%

25.7%

25.6%

26.0%

-11.0%

$1,064,739

$1,151,750

$1,155,166

$1,127,038

5.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.130

MAR

$1,195,999

APR MAY

MEDIAN SALES PRICE

JUN

$511

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.195 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LADERA RANCH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$840,000

$895,000

$1,024,400

$825,000

-1.8%

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

$362

$374

$355

$383

5.8%

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

15

27

28

22

46.7%

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

22

33

17

28

27.3%

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

87

131

92

91

4.6%

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

33

50

54

55

66.7%

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

5.8

4.9

3.3

4.1

-28.7%

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

25.3%

25.2%

18.5%

30.8%

21.7%

$873,667

$951,508

$958,383

$928,654

6.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$840

MAR

$825,000

APR MAY

MEDIAN SALES PRICE

JUN

$383

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$825 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LAGUNA BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$2,025,000

$1,865,000

$1,964,000

$2,262,500

11.7%

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

$1,149

$1,290

$946

$1,141

-0.7%

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

20

30

27

14

-30.0%

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

28

33

19

26

-7.1%

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

200

284

243

241

20.5%

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

96

66

88

120

25.0%

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

10

9.5

9

17.2

72.1%

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

14.0%

11.6%

7.8%

10.8%

-22.9%

$1,907,000

$2,110,667

$2,336,667

$2,139,430

12.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.025

MAR

$2,262,500

APR MAY

MEDIAN SALES PRICE

JUN

$1,141

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

17.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.262 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LAGUNA NIGUEL

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$960,000

$960,000

$965,000

$942,500

-1.8%

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

$420

$426

$434

$430

2.4%

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

33

73

43

46

39.4%

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

53

52

45

48

-9.4%

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

208

253

193

184

-11.5%

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

44

42

42

41

-6.8%

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

6.3

3.5

4.5

4

-36.5%

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

25.5%

20.6%

23.3%

26.1%

2.4%

$881,583

$954,400

$916,800

$950,469

7.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $960

FEB MAR

$942,500

APR MAY

MEDIAN SALES PRICE

JUN

$430

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$942 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LAGUNA HILLS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$786,256

$797,500

$848,000

$1,158,000

47.3%

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

$367

$371

$359

$433

18.0%

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

15

26

24

10

-33.3%

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

20

38

14

29

45.0%

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

88

112

75

74

-15.9%

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

72

67

62

40

-44.4%

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

5.9

4.3

3.1

7.4

26.1%

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

22.7%

33.9%

18.7%

39.2%

72.4%

$828,926

$881,917

$951,167

$855,520

3.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$786

MAR

$1,158,000

APR MAY

MEDIAN SALES PRICE

JUN

$433

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.158 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LAGUNA WOODS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$0

$0

$975,000

$860,000

n/a

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

$0

$0

$546

$540

n/a

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

0

0

1

1

n/a

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

0

0

1

0

n/a

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

0

0

2

2

n/a

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

0

0

15

0

n/a

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

n/a

n/a

2

2

n/a

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

n/a

n/a

50.0%

0.0%

n/a

$129,917

$854,833

$794,750

$854,833

558.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$860,000

APR MAY

MEDIAN SALES PRICE

JUN

$540

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$860 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LANTERN VILLAGE IN DANA POINT

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$1,065,000

$1,110,000

$970,000

$1,094,000

2.7%

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

$437

$568

$508

$563

28.8%

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

2

6

8

5

150.0%

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

3

6

3

3

0.0%

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

20

33

22

18

-10.0%

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

21

17

51

98

366.7%

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

10

5.5

2.8

3.6

-64.0%

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

15.0%

18.2%

13.6%

16.7%

11.1%

$915,208

$1,102,167

$1,205,167

$1,106,885

20.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.065

MAR

$1,094,000

APR MAY

MEDIAN SALES PRICE

JUN

$563

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.094 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LOWER NEWPORT BAY - BALBOA ISLAND

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

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

$3,805,800

$3,800,000

$3,705,000

$2,717,500

-28.6%

Average Price per Square Foot ..............

$1,196

$1,224

$1,281

$1,630

36.3%

Properties Sold ...................................

6

6

7

2

-66.7%

Properties Pending Sale .......................

2

2

5

4

100.0%

Properties For Sale ..............................

28

35

31

21

-25.0%

Days on Market (Pending Sale) .............

28

101

94

109

289.3%

Month’s Supply of Inventory .................

4.7

5.8

4.4

10.5

125.0%

Percent Under Contract .......................

7.1%

5.7%

16.1%

19.0%

166.7%

$3,080,900

$3,342,917

$2,925,833

$3,453,396

12.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $3.805

FEB MAR

$2,717,500

APR MAY

MEDIAN SALES PRICE

JUN

$1,630

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.717 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MISSION VIEJO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$737,250

$740,000

$735,000

$757,500

2.7%

Average Price per Square Foot ..............

$358

$369

$381

$377

5.3%

Properties Sold ...................................

56

98

76

48

-14.3%

Properties Pending Sale .......................

96

88

66

84

-12.5%

Properties For Sale ..............................

221

260

381

217

-1.8%

Days on Market (Pending Sale) .............

33

44

47

30

-9.1%

Month’s Supply of Inventory .................

3.9

2.7

5

4.5

14.6%

Percent Under Contract .......................

43.4%

33.8%

17.3%

38.7%

-10.9%

$692,496

$739,917

$740,667

$737,577

6.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $737

FEB MAR

$757,500

APR MAY

MEDIAN SALES PRICE

JUN

$377

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$757 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MONARCH BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,090,000

$1,490,000

$2,090,000

$1,725,000

58.3%

Average Price per Square Foot ..............

$539

$695

$843

$761

41.2%

Properties Sold ...................................

6

10

11

2

-66.7%

Properties Pending Sale .......................

6

11

8

8

33.3%

Properties For Sale ..............................

73

86

65

64

-12.3%

Days on Market (Pending Sale) .............

154

106

33

109

-29.2%

Month’s Supply of Inventory .................

12.2

8.6

5.9

32

163.0%

Percent Under Contract .......................

8.2%

12.8%

12.3%

12.5%

52.1%

$1,673,573

$1,644,833

$1,358,333

$1,680,552

0.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.090

MAR

$1,725,000

APR MAY

MEDIAN SALES PRICE

JUN

$761

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

32 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.725 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


NELLE GAIL

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$798,128

$797,500

$848,000

$1,158,000

45.1%

Average Price per Square Foot ..............

$369

$371

$359

$433

17.3%

Properties Sold ...................................

14

26

24

10

-28.6%

Properties Pending Sale .......................

18

37

15

28

55.6%

Properties For Sale ..............................

84

110

76

72

-14.3%

Days on Market (Pending Sale) .............

78

69

60

41

-47.4%

Month’s Supply of Inventory .................

6

4.2

3.2

7.2

20.0%

Percent Under Contract .......................

21.4%

33.6%

19.7%

38.9%

81.5%

$841,390

$881,500

$947,000

$861,210

2.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$798

MAR

$1,158,000

APR MAY

MEDIAN SALES PRICE

JUN

$433

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.158 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


NEWPORT BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$2,382,500

$2,400,000

$2,025,000

$2,175,000

-8.7%

Average Price per Square Foot ..............

$914

$953

$901

$985

7.8%

Properties Sold ...................................

32

68

39

40

25.0%

Properties Pending Sale .......................

41

62

36

43

4.9%

Properties For Sale ..............................

278

344

288

257

-7.6%

Days on Market (Pending Sale) .............

66

77

86

73

10.6%

Month’s Supply of Inventory .................

8.7

5.1

7.4

6.4

-26.0%

Percent Under Contract .......................

14.7%

18.0%

12.5%

16.7%

13.4%

$1,985,275

$2,429,167

$2,450,000

$2,336,154

17.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.382

MAR

$2,175,000

APR MAY

MEDIAN SALES PRICE

JUN

$985

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.175 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


NEWPORT COAST

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$3,900,000

$5,150,000

$2,913,500

$4,000,000

2.6%

Average Price per Square Foot ..............

$1,118

$1,066

$829

$906

-19.0%

Properties Sold ...................................

16

9

10

13

-18.8%

Properties Pending Sale .......................

19

25

11

11

-42.1%

Properties For Sale ..............................

107

114

90

75

-29.9%

Days on Market (Pending Sale) .............

99

74

56

115

16.2%

Month’s Supply of Inventory .................

6.7

12.7

9

5.8

-13.7%

Percent Under Contract .......................

17.8%

21.9%

12.2%

14.7%

-17.4%

$2,886,760

$3,407,583

$3,875,667

$3,826,385

32.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$3.900

MAR

$4,000,000

APR MAY

MEDIAN SALES PRICE

JUN

$906

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$4.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


NEWPORT HEIGHTS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$2,925,000

$1,990,000

$1,904,500

$2,780,000

-5.0%

Average Price per Square Foot ..............

$756

$749

$759

$838

10.8%

Properties Sold ...................................

2

6

8

5

150.0%

Properties Pending Sale .......................

7

11

4

4

-42.9%

Properties For Sale ..............................

28

53

40

31

10.7%

Days on Market (Pending Sale) .............

50

69

106

75

50.0%

Month’s Supply of Inventory .................

14

8.8

5

6.2

-55.7%

Percent Under Contract .......................

25.0%

20.8%

10.0%

12.9%

-48.4%

$1,752,302

$2,427,417

$2,553,333

$2,449,462

39.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.925

MAR

$2,780,000

APR MAY

MEDIAN SALES PRICE

JUN

$838

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.780 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


RANCHO SANTA MARGARITA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$730,000

$827,000

$735,000

$812,500

11.3%

Average Price per Square Foot ..............

$323

$349

$359

$351

8.7%

Properties Sold ...................................

21

48

40

24

14.3%

Properties Pending Sale .......................

39

37

32

45

15.4%

Properties For Sale ..............................

93

126

87

91

-2.2%

Days on Market (Pending Sale) .............

34

29

42

24

-29.4%

Month’s Supply of Inventory .................

4.4

2.6

2.2

3.8

-14.4%

Percent Under Contract .......................

41.9%

29.4%

36.8%

49.5%

17.9%

$724,167

$765,167

$812,000

$767,808

6.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$730

MAR

$812,500

APR MAY

MEDIAN SALES PRICE

JUN

$351

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$812 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SAN CLEMENTE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$877,500

$949,500

$965,000

$1,088,500

24.0%

Average Price per Square Foot ..............

$393

$448

$456

$397

1.0%

Properties Sold ...................................

35

72

51

32

-8.6%

Properties Pending Sale .......................

52

86

44

82

57.7%

Properties For Sale ..............................

239

315

229

258

7.9%

Days on Market (Pending Sale) .............

57

59

80

54

-5.3%

Month’s Supply of Inventory .................

6.8

4.4

4.5

8.1

18.1%

Percent Under Contract .......................

21.8%

27.3%

19.2%

31.8%

46.1%

$921,593

$1,007,177

$1,032,667

$983,855

6.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$877

MAR

$1,088,500

APR MAY

MEDIAN SALES PRICE

JUN

$397

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.088 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SAN JUAN CAPISTRANO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$840,000

$937,500

$1,112,500

$1,050,000

25.0%

Average Price per Square Foot ..............

$391

$367

$443

$390

-0.3%

Properties Sold ...................................

23

30

32

25

8.7%

Properties Pending Sale .......................

36

36

26

30

-16.7%

Properties For Sale ..............................

147

186

148

125

-15.0%

Days on Market (Pending Sale) .............

71

75

43

66

-7.0%

Month’s Supply of Inventory .................

6.4

6.2

4.6

5

-21.8%

Percent Under Contract .......................

24.5%

19.4%

17.6%

24.0%

-2.0%

$919,987

$1,036,554

$1,052,181

$1,027,217

11.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$840

MAR

$1,050,000

APR MAY

MEDIAN SALES PRICE

JUN

$390

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SEAL BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$880,000

$892,500

$1,010,000

$1,060,000

20.5%

Average Price per Square Foot ..............

$506

$488

$480

$494

-2.4%

Properties Sold ...................................

5

17

12

13

160.0%

Properties Pending Sale .......................

13

13

4

6

-53.8%

Properties For Sale ..............................

35

42

30

22

-37.1%

Days on Market (Pending Sale) .............

57

47

79

42

-26.3%

Month’s Supply of Inventory .................

7

2.5

2.5

1.7

-75.8%

Percent Under Contract .......................

37.1%

31.0%

13.3%

27.3%

-26.6%

$1,009,188

$957,875

$968,000

$965,573

-4.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$880

MAR

$1,060,000

APR MAY

MEDIAN SALES PRICE

JUN

$494

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.060 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SHADY CANYON

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,880,000

$1,600,000

$2,487,500

$1,928,500

2.6%

Average Price per Square Foot ..............

$637

$582

$711

$660

3.6%

Properties Sold ...................................

7

17

12

8

14.3%

Properties Pending Sale .......................

12

15

8

16

33.3%

Properties For Sale ..............................

84

100

65

73

-13.1%

Days on Market (Pending Sale) .............

57

47

79

51

-10.5%

Month’s Supply of Inventory .................

12

5.9

5.4

9.1

-24.0%

Percent Under Contract .......................

14.3%

15.0%

12.3%

21.9%

53.4%

$1,775,292

$1,834,500

$1,771,500

$1,923,146

8.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.880

MAR

$1,928,500

APR MAY

MEDIAN SALES PRICE

JUN

$660

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.928 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


TURTLE RIDGE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$2,550,000

$1,585,000

$2,782,500

$2,694,000

5.6%

Average Price per Square Foot ..............

$679

$604

$697

$733

8.0%

Properties Sold ...................................

1

2

2

2

100.0%

Properties Pending Sale .......................

2

4

1

5

150.0%

Properties For Sale ..............................

26

32

20

20

-23.1%

Days on Market (Pending Sale) .............

57

56

254

107

87.7%

Month’s Supply of Inventory .................

26

16

10

10

-61.5%

Percent Under Contract .......................

7.7%

12.5%

5.0%

25.0%

225.0%

$2,148,263

$2,608,833

$2,694,000

$2,347,981

9.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.550

MAR

$2,694,000

APR MAY

MEDIAN SALES PRICE

JUN

$733

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.694 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


TURTLE ROCK

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,660,000

$1,500,000

$2,300,000

$1,566,000

-5.7%

Average Price per Square Foot ..............

$630

$567

$661

$632

0.3%

Properties Sold ...................................

7

11

3

6

-14.3%

Properties Pending Sale .......................

8

7

4

9

12.5%

Properties For Sale ..............................

46

33

19

25

-45.7%

Days on Market (Pending Sale) .............

50

26

41

25

-50.0%

Month’s Supply of Inventory .................

6.6

3

6.3

4.2

-36.6%

Percent Under Contract .......................

17.4%

21.2%

21.1%

36.0%

107.0%

$1,598,917

$1,745,583

$1,538,667

$1,843,396

15.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.660

MAR

$1,566,000

APR MAY

MEDIAN SALES PRICE

JUN

$632

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.566 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WESTMINSTER

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$627,500

$650,000

$624,000

$690,000

10.0%

Average Price per Square Foot ..............

$389

$391

$406

$373

-4.1%

Properties Sold ...................................

20

34

36

29

45.0%

Properties Pending Sale .......................

20

35

30

24

20.0%

Properties For Sale ..............................

63

94

70

61

-3.2%

Days on Market (Pending Sale) .............

21

41

26

22

4.8%

Month’s Supply of Inventory .................

3.2

2.8

1.9

2.1

-33.2%

Percent Under Contract .......................

31.7%

37.2%

42.9%

39.3%

23.9%

$610,208

$650,575

$665,150

$641,996

5.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$627

MAR

$690,000

APR MAY

MEDIAN SALES PRICE

JUN

$373

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$690 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WEST BAY - SANTA ANA HEIGHTS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,311,000

$1,965,000

$1,500,000

$1,800,000

37.3%

Average Price per Square Foot ..............

$668

$753

$571

$982

47.0%

Properties Sold ...................................

7

18

7

9

28.6%

Properties Pending Sale .......................

10

13

4

5

-50.0%

Properties For Sale ..............................

43

53

45

34

-20.9%

Days on Market (Pending Sale) .............

74

70

47

38

-48.6%

Month’s Supply of Inventory .................

6.1

2.9

6.4

3.8

-38.5%

Percent Under Contract .......................

23.3%

24.5%

8.9%

14.7%

-36.8%

$1,600,313

$1,854,830

$1,904,660

$1,797,864

12.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.311

MAR

$1,800,000

APR MAY

MEDIAN SALES PRICE

JUN

$982

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.800 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WEST NEWPORT - LIDO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$4,337,500

$3,100,000

$3,015,000

$1,645,000

-62.1%

Average Price per Square Foot ..............

$1,986

$1,411

$1,185

$1,366

-31.2%

Properties Sold ...................................

2

13

9

5

150.0%

Properties Pending Sale .......................

11

16

7

10

-9.1%

Properties For Sale ..............................

59

64

45

47

-20.3%

Days on Market (Pending Sale) .............

84

91

113

95

13.1%

Month’s Supply of Inventory .................

29.5

4.9

5

9.4

-68.1%

Percent Under Contract .......................

18.6%

25.0%

15.6%

21.3%

14.1%

$2,525,167

$3,072,500

$3,298,333

$3,004,615

19.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $4.337

FEB MAR

$1,645,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,366

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.645 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018



SANTA BARBARA COUNTY

CARPINTERIA

SANTA BARBARA EAST OF STATE

GOLETA

SANTA BARBARA WEST OF STATE

HOPE RANCH

SANTA YNEZ

MONTECITO

Micro Market Report : February 2018


COUNTY: SANTA BARBARA AREA: 3,789 SQ MILES FOUNDED: 1850

Micro Market Report : February 2018


CARPINTERIA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,512,500

$1,097,500

$1,245,000

$1,357,500

-10.2%

Average Price per Square Foot ..............

$711

$778

$582

$985

38.5%

Properties Sold ...................................

6

8

8

2

-66.7%

Properties Pending Sale .......................

16

11

6

4

-75.0%

Properties For Sale ..............................

41

49

38

22

-46.3%

Days on Market (Pending Sale) .............

63

64

79

56

-11.1%

Month’s Supply of Inventory .................

6.8

6.1

4.8

11

61.0%

Percent Under Contract .......................

39.0%

22.4%

15.8%

18.2%

-53.4%

$997,896

$1,203,667

$1,222,333

$1,199,038

20.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.512

FEB MAR

$1,357,500

APR MAY

MEDIAN SALES PRICE

JUN

$985

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

11 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.357 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


GOLETA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$849,625

$867,500

$974,000

$860,000

1.2%

Average Price per Square Foot ..............

$543

$592

$496

$496

-8.7%

Properties Sold ...................................

10

14

6

5

-50.0%

Properties Pending Sale .......................

3

13

3

9

200.0%

Properties For Sale ..............................

24

34

25

21

-12.5%

Days on Market (Pending Sale) .............

9

27

68

16

77.8%

Month’s Supply of Inventory .................

2.4

2.4

4.2

4.2

75.0%

Percent Under Contract .......................

12.5%

38.2%

12.0%

42.9%

242.9%

$844,179

$859,500

$841,667

$850,606

0.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$849

MAR

$860,000

APR MAY

MEDIAN SALES PRICE

JUN

$496

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$860 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


HOPE RANCH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$2,885,000

$2,100,000

$3,227,500

$3,770,850

30.7%

Average Price per Square Foot ..............

$655

$616

$765

$793

21.1%

Properties Sold ...................................

3

1

2

6

100.0%

Properties Pending Sale .......................

2

4

2

6

200.0%

Properties For Sale ..............................

47

38

35

28

-40.4%

Days on Market (Pending Sale) .............

82

415

196

92

12.2%

Month’s Supply of Inventory .................

15.7

38

17.5

4.7

-70.2%

Percent Under Contract .......................

4.3%

10.5%

5.7%

21.4%

403.6%

$2,916,250

$4,315,850

$4,222,533

$3,468,666

18.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.885

MAR

$3,770,850

APR MAY

MEDIAN SALES PRICE

JUN

$793

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$3.770 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MONTECITO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$2,663,000

$3,375,000

$2,907,950

$2,357,272

-11.5%

Average Price per Square Foot ..............

$997

$980

$1,028

$1,085

8.8%

Properties Sold ...................................

12

28

14

8

-33.3%

Properties Pending Sale .......................

22

19

19

11

-50.0%

Properties For Sale ..............................

185

174

154

125

-32.4%

Days on Market (Pending Sale) .............

84

90

126

83

-1.2%

Month’s Supply of Inventory .................

15.4

6.2

11

15.6

1.4%

Percent Under Contract .......................

11.9%

10.9%

12.3%

8.8%

-26.0%

$2,862,333

$2,655,039

$2,489,507

$2,890,249

1.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.663

MAR

$2,357,272

APR MAY

MEDIAN SALES PRICE

JUN

$1,085

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

15.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.357 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SANTA BARBARA EAST OF STATE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,812,500

$1,529,000

$1,330,000

$1,416,000

-21.9%

Average Price per Square Foot ..............

$707

$700

$735

$744

5.2%

Properties Sold ...................................

22

33

28

24

9.1%

Properties Pending Sale .......................

35

35

22

30

-14.3%

Properties For Sale ..............................

112

137

110

107

-4.5%

Days on Market (Pending Sale) .............

101

53

82

41

-59.4%

Month’s Supply of Inventory .................

5.1

4.2

3.9

4.5

-12.4%

Percent Under Contract .......................

31.2%

25.5%

20.0%

28.0%

-10.3%

$1,298,191

$1,553,815

$1,677,463

$1,458,145

12.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.812

FEB MAR

$1,416,000

APR MAY

MEDIAN SALES PRICE

JUN

$744

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.416 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SANTA BARBARA WEST OF STATE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,195,000

$1,200,000

$940,000

$1,275,000

6.7%

Average Price per Square Foot ..............

$761

$753

$766

$735

-3.4%

Properties Sold ...................................

14

19

19

15

7.1%

Properties Pending Sale .......................

21

21

13

17

-19.0%

Properties For Sale ..............................

73

73

50

63

-13.7%

Days on Market (Pending Sale) .............

49

29

47

21

-57.1%

Month’s Supply of Inventory .................

5.2

3.8

2.6

4.2

-19.5%

Percent Under Contract .......................

28.8%

28.8%

26.0%

27.0%

-6.2%

$1,068,971

$1,109,583

$1,175,833

$1,130,192

5.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1,275,000

APR MAY

MEDIAN SALES PRICE

JUN

$735

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.275 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SANTA YNEZ

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,037,500

$779,750

$735,000

$834,500

-19.6%

Average Price per Square Foot ..............

$403

$449

$494

$366

-9.2%

Properties Sold ...................................

10

18

21

10

0.0%

Properties Pending Sale .......................

26

28

18

16

-38.5%

Properties For Sale ..............................

142

170

131

129

-9.2%

Days on Market (Pending Sale) .............

136

87

47

112

-17.6%

Month’s Supply of Inventory .................

14.2

9.4

6.2

12.9

-9.2%

Percent Under Contract .......................

18.3%

16.5%

13.7%

12.4%

-32.3%

$791,333

$938,500

$1,077,333

$921,802

16.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.037

MAR

$834,500

APR MAY

MEDIAN SALES PRICE

JUN

$366

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

12.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$834 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018



MONTEREY COUNTY

CARMEL

PACIFIC GROVE

CARMEL VALLEY

PEBBLE BEACH

MARINA

SALINAS

MONTEREY

SEASIDE

Micro Market Report : February 2018


COUNTY: MONTEREY AREA: 3,771 SQ MILES FOUNDED: 1850

Micro Market Report : February 2018


CARMEL

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,350,000

$1,525,000

$1,515,000

$1,900,000

40.7%

Average Price per Square Foot ..............

$769

$778

$909

$1,118

45.4%

Properties Sold ...................................

17

27

33

19

11.8%

Properties Pending Sale .......................

26

31

22

22

-15.4%

Properties For Sale ..............................

163

199

154

137

-16.0%

Days on Market (Pending Sale) .............

105

111

106

53

-49.5%

Month’s Supply of Inventory .................

9.6

7.4

4.7

7.2

-24.8%

Percent Under Contract .......................

16.0%

15.6%

14.3%

16.1%

0.7%

$1,454,792

$1,748,750

$1,850,833

$1,601,108

10.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.350

MAR

$1,900,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,118

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.900 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CARMEL VALLEY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,185,000

$1,040,000

$914,500

$1,077,000

-9.1%

Average Price per Square Foot ..............

$474

$431

$512

$518

9.3%

Properties Sold ...................................

8

9

10

5

-37.5%

Properties Pending Sale .......................

10

10

4

8

-20.0%

Properties For Sale ..............................

54

69

63

61

13.0%

Days on Market (Pending Sale) .............

144

120

134

101

-29.9%

Month’s Supply of Inventory .................

6.8

7.7

6.3

12.2

80.7%

Percent Under Contract .......................

18.5%

14.5%

6.3%

13.1%

-29.2%

$1,113,333

$1,001,917

$1,050,667

$1,040,650

-6.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.185

FEB MAR

$1,077,000

APR MAY

MEDIAN SALES PRICE

JUN

$518

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

12.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.077 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MARINA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$485,000

$548,500

$580,000

$590,000

21.6%

Average Price per Square Foot ..............

$346

$343

$344

$364

5.2%

Properties Sold ...................................

6

14

11

9

50.0%

Properties Pending Sale .......................

16

15

17

20

25.0%

Properties For Sale ..............................

38

47

47

41

7.9%

Days on Market (Pending Sale) .............

32

42

55

60

87.5%

Month’s Supply of Inventory .................

6.3

3.4

4.3

4.6

-28.1%

Percent Under Contract .......................

42.1%

31.9%

36.2%

48.8%

15.9%

$492,500

$564,500

$558,167

$548,497

11.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$485

MAR

$590,000

APR MAY

MEDIAN SALES PRICE

JUN

$364

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$590 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MONTEREY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$695,000

$769,500

$871,500

$879,000

26.5%

Average Price per Square Foot ..............

$369

$483

$493

$479

29.8%

Properties Sold ...................................

12

20

20

15

25.0%

Properties Pending Sale .......................

13

15

19

26

100.0%

Properties For Sale ..............................

67

105

99

88

31.3%

Days on Market (Pending Sale) .............

112

63

71

81

-27.7%

Month’s Supply of Inventory .................

5.6

5.2

5

5.9

5.1%

Percent Under Contract .......................

19.4%

14.3%

19.2%

29.5%

52.3%

$758,092

$846,239

$864,478

$809,726

6.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$695

MAR

$879,000

APR MAY

MEDIAN SALES PRICE

JUN

$479

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$879 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


PACIFIC GROVE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,172,000

$787,000

$1,147,500

$949,000

-19.0%

Average Price per Square Foot ..............

$629

$586

$633

$608

-3.3%

Properties Sold ...................................

10

14

8

11

10.0%

Properties Pending Sale .......................

16

14

11

15

-6.2%

Properties For Sale ..............................

43

50

46

50

16.3%

Days on Market (Pending Sale) .............

62

42

53

28

-54.8%

Month’s Supply of Inventory .................

4.3

3.6

5.8

4.5

5.7%

Percent Under Contract .......................

37.2%

28.0%

23.9%

30.0%

-19.4%

$897,417

$962,333

$919,667

$958,346

6.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.172

FEB MAR

$949,000

APR MAY

MEDIAN SALES PRICE

JUN

$608

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$949 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


PEBBLE BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,375,000

$2,091,944

$1,537,500

$1,287,500

-6.4%

Average Price per Square Foot ..............

$662

$787

$912

$790

19.3%

Properties Sold ...................................

6

14

8

10

66.7%

Properties Pending Sale .......................

8

12

14

11

37.5%

Properties For Sale ..............................

87

105

95

80

-8.0%

Days on Market (Pending Sale) .............

95

160

70

79

-16.8%

Month’s Supply of Inventory .................

14.5

7.5

11.9

8

-44.8%

Percent Under Contract .......................

9.2%

11.4%

14.7%

13.8%

49.5%

$1,722,083

$1,966,333

$1,886,833

$1,739,726

1.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.375

MAR

$1,287,500

APR MAY

MEDIAN SALES PRICE

JUN

$790

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.287 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SALINAS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$440,000

$497,275

$466,500

$451,250

2.6%

Average Price per Square Foot ..............

$281

$313

$324

$283

0.7%

Properties Sold ...................................

33

69

50

34

3.0%

Properties Pending Sale .......................

55

59

62

42

-23.6%

Properties For Sale ..............................

164

199

175

121

-26.2%

Days on Market (Pending Sale) .............

51

46

41

39

-23.5%

Month’s Supply of Inventory .................

5

2.9

3.5

3.6

-28.4%

Percent Under Contract .......................

33.5%

29.6%

35.4%

34.7%

3.5%

$459,708

$477,375

$480,917

$487,521

6.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$440

MAR

$451,250

APR MAY

MEDIAN SALES PRICE

JUN

$283

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$451 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SEASIDE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$518,000

$486,550

$482,500

$735,000

41.9%

Average Price per Square Foot ..............

$355

$397

$408

$422

18.9%

Properties Sold ...................................

11

19

16

9

-18.2%

Properties Pending Sale .......................

17

14

15

22

29.4%

Properties For Sale ..............................

42

60

51

44

4.8%

Days on Market (Pending Sale) .............

35

55

50

45

28.6%

Month’s Supply of Inventory .................

3.8

3.2

3.2

4.9

28.0%

Percent Under Contract .......................

40.5%

23.3%

29.4%

50.0%

23.5%

$459,320

$549,433

$606,367

$530,281

15.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$518

MAR

$735,000

APR MAY

MEDIAN SALES PRICE

JUN

$422

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$735 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SAN DIEGO COUNTY

SAN DIEGO MACRO

LA MESA

CARLSBAD

LEMON GROVE

CARMEL VALLEY

NATIONAL CITY

CHULA VISTA

OCEANSIDE

CORONADO

POWAY

DEL MAR

RANCHO BERNARDO

EL CAJON

SAN MARCOS

ENCINITAS

SANTEE

ESCONDIDO

SOLANA BEACH

IMPERIAL BEACH

VISTA

LA JOLLA

Micro Market Report : February 2018


COUNTY: SAN DIEGO AREA: 4,526 SQ MILES FOUNDED: 1850

Micro Market Report : February 2018


SAN DIEGO COUNTY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$565,000

$611,000

$625,000

$612,000

8.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

1465

2257

1752

1361

-7.1%

Properties Pending Sale .......................

2053

2289

1746

1811

-11.8%

Properties For Sale ..............................

5,984

7,329

5,992

5,565

-7.0%

Days on Market (Pending Sale) .............

40

38

40

34

-15.0%

Month’s Supply of Inventory .................

4.1

3.2

3.4

4.1

0.1%

Percent Under Contract .......................

34.3%

31.2%

29.1%

32.5%

-5.1%

$565,000

$610,333

$605,667

$604,729

6.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$565

MAR

$612,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$612 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BAY PARK/OLD TOWN/MIDWAY DISTRICT

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$667,500

$891,650

$982,000

$860,000

28.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

2

11

7

13

550.0%

Properties Pending Sale .......................

11

13

15

12

9.1%

Properties For Sale ..............................

21

26

39

28

33.3%

Days on Market (Pending Sale) .............

40

20

21

19

-52.5%

Month’s Supply of Inventory .................

10.5

2.4

5.6

2.2

-79.5%

Percent Under Contract .......................

52.4%

50.0%

38.5%

42.9%

-18.2%

$744,821

$850,127

$828,254

$817,301

8.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$860,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$860 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CARLSBAD

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$878,000

$985,000

$928,888

$983,000

12.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

57

97

81

54

-5.3%

Properties Pending Sale .......................

110

104

78

72

-34.5%

Properties For Sale ..............................

275

330

212

226

-17.8%

Days on Market (Pending Sale) .............

55

35

38

34

-38.2%

Month’s Supply of Inventory .................

4.8

3.4

2.6

4.2

-13.3%

Percent Under Contract .......................

40.0%

31.5%

36.8%

31.9%

-20.4%

$870,500

$940,699

$946,000

$942,519

7.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$878

MAR

$983,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$983 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CARMEL VALLEY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,287,500

$1,220,000

$640,000

$1,232,000

-4.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

32

27

32

16

-50.0%

Properties Pending Sale .......................

41

47

30

45

9.8%

Properties For Sale ..............................

126

153

80

116

-7.9%

Days on Market (Pending Sale) .............

51

28

22

47

-7.8%

Month’s Supply of Inventory .................

3.9

5.7

2.5

7.2

84.1%

Percent Under Contract .......................

32.5%

30.7%

37.5%

38.8%

19.2%

$1,172,000

$1,115,733

$1,224,000

$1,181,069

0.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.287

FEB MAR

$1,232,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.232 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CHULA VISTA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$500,000

$550,000

$585,000

$573,500

14.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

111

151

108

94

-15.3%

Properties Pending Sale .......................

141

171

119

126

-10.6%

Properties For Sale ..............................

372

457

342

340

-8.6%

Days on Market (Pending Sale) .............

33

33

42

51

54.5%

Month’s Supply of Inventory .................

3.4

3

3.2

3.6

7.9%

Percent Under Contract .......................

37.9%

37.4%

34.8%

37.1%

-2.2%

$511,148

$564,250

$564,500

$550,127

7.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$500

MAR

$573,500

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$573 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CLAIREMONT/BAY HO/BAY PARK

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$589,750

$630,000

$640,000

$757,500

28.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

28

45

32

24

-14.3%

Properties Pending Sale .......................

31

39

30

36

16.1%

Properties For Sale ..............................

63

105

80

66

4.8%

Days on Market (Pending Sale) .............

21

20

22

15

-28.6%

Month’s Supply of Inventory .................

2.2

2.3

2.5

2.8

22.2%

Percent Under Contract .......................

49.2%

37.1%

37.5%

54.5%

10.9%

$593,504

$675,366

$703,815

$656,188

9.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$589

MAR

$757,500

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$757 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CORONADO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,800,000

$1,732,500

$2,039,500

$1,997,500

11.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

17

22

16

12

-29.4%

Properties Pending Sale .......................

23

16

18

10

-56.5%

Properties For Sale ..............................

121

115

88

92

-24.0%

Days on Market (Pending Sale) .............

61

74

146

60

-1.6%

Month’s Supply of Inventory .................

7.1

5.2

5.5

7.7

7.7%

Percent Under Contract .......................

19.0%

13.9%

20.5%

10.9%

-42.8%

$1,702,478

$2,340,333

$2,445,000

$2,015,346

15.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.800

MAR

$1,997,500

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.997 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


DEL MAR

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,625,000

$2,120,625

$1,677,500

$1,987,500

22.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

11

19

14

12

9.1%

Properties Pending Sale .......................

16

21

18

14

-12.5%

Properties For Sale ..............................

83

122

114

83

0.0%

Days on Market (Pending Sale) .............

41

53

62

39

-4.9%

Month’s Supply of Inventory .................

7.5

6.4

8.1

6.9

-8.3%

Percent Under Contract .......................

19.3%

17.2%

15.8%

16.9%

-12.5%

$1,755,542

$2,030,417

$2,035,000

$1,904,856

7.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.625

MAR

$1,987,500

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.987 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


EL CAJON

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$475,000

$537,500

$519,950

$502,500

5.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

77

108

102

80

3.9%

Properties Pending Sale .......................

107

106

81

77

-28.0%

Properties For Sale ..............................

271

320

281

265

-2.2%

Days on Market (Pending Sale) .............

47

31

34

26

-44.7%

Month’s Supply of Inventory .................

3.5

3

2.8

3.3

-5.9%

Percent Under Contract .......................

39.5%

33.1%

28.8%

29.1%

-26.4%

$481,839

$511,325

$508,167

$509,938

5.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$475

MAR

$502,500

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$502 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ENCINITAS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,182,500

$1,325,000

$1,389,500

$1,236,000

4.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

20

52

28

32

60.0%

Properties Pending Sale .......................

38

39

35

31

-18.4%

Properties For Sale ..............................

130

133

112

94

-27.7%

Days on Market (Pending Sale) .............

36

68

41

17

-52.8%

Month’s Supply of Inventory .................

6.5

2.6

4

2.9

-54.8%

Percent Under Contract .......................

29.2%

29.3%

31.2%

33.0%

12.8%

$1,172,935

$1,214,250

$1,175,333

$1,211,765

3.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.182

MAR

$1,236,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.236 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ESCONDIDO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$525,000

$540,000

$547,500

$562,500

7.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

81

165

108

88

8.6%

Properties Pending Sale .......................

129

148

123

124

-3.9%

Properties For Sale ..............................

374

513

418

367

-1.9%

Days on Market (Pending Sale) .............

34

46

36

27

-20.6%

Month’s Supply of Inventory .................

4.6

3.1

3.9

4.2

-9.7%

Percent Under Contract .......................

34.5%

28.8%

29.4%

33.8%

-2.0%

$504,634

$535,250

$543,167

$536,192

5.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $525

FEB MAR

$562,500

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$562 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


IMPERIAL-BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$517,000

$585,000

$595,000

$590,000

14.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

5

19

13

5

0.0%

Properties Pending Sale .......................

12

16

14

12

0.0%

Properties For Sale ..............................

34

42

50

52

52.9%

Days on Market (Pending Sale) .............

36

28

42

67

86.1%

Month’s Supply of Inventory .................

6.8

2.2

3.8

10.4

52.9%

Percent Under Contract .......................

35.3%

38.1%

28.0%

23.1%

-34.6%

$506,850

$575,000

$567,500

$571,263

11.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$517

MAR

$590,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$590 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LA JOLLA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$2,130,000

$2,450,000

$2,240,000

$2,019,000

-5.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

24

17

23

15

-37.5%

Properties Pending Sale .......................

25

44

25

35

40.0%

Properties For Sale ..............................

217

271

211

202

-6.9%

Days on Market (Pending Sale) .............

70

80

91

62

-11.4%

Month’s Supply of Inventory .................

9

15.9

9.2

13.5

48.9%

Percent Under Contract .......................

11.5%

16.2%

11.8%

17.3%

50.4%

$1,973,250

$2,233,958

$2,386,833

$2,214,173

10.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$2.130

MAR

$2,019,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

13.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.019 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LA MESA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$559,000

$599,000

$600,000

$582,000

4.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

49

66

57

45

-8.2%

Properties Pending Sale .......................

45

55

52

53

17.8%

Properties For Sale ..............................

42

155

170

151

259.5%

Days on Market (Pending Sale) .............

33

44

31

31

-6.1%

Month’s Supply of Inventory .................

0.9

2.8

3.3

3.4

259.5%

Percent Under Contract .......................

107.1%

35.5%

30.6%

35.1%

-67.2%

Average Median Price for Last 12 Months

$524,750

$579,083

$592,333

$571,953

8.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT FEB

$559

MAR

$582,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$582 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LINDA VISTA/CLAIREMONT MESA EAST

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$590,000

$626,750

$579,000

$640,000

8.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

16

18

17

15

-6.2%

Properties Pending Sale .......................

10

25

15

12

20.0%

Properties For Sale ..............................

16

40

39

25

56.2%

Days on Market (Pending Sale) .............

10

19

21

16

60.0%

Month’s Supply of Inventory .................

1.6

1.6

2.6

1.7

4.2%

Percent Under Contract .......................

62.5%

62.5%

38.5%

48.0%

-23.2%

$548,958

$617,417

$639,167

$606,358

9.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$590

MAR

$640,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$640 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LEMON GROVE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$440,750

$429,000

$443,000

$455,000

3.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

8

23

16

21

162.5%

Properties Pending Sale .......................

22

29

16

13

-40.9%

Properties For Sale ..............................

44

63

48

37

-15.9%

Days on Market (Pending Sale) .............

36

33

32

14

-61.1%

Month’s Supply of Inventory .................

2

2.2

3

1.8

-11.9%

Percent Under Contract .......................

50.0%

46.0%

33.3%

35.1%

-29.7%

$414,938

$446,750

$446,667

$442,135

6.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $440

FEB MAR

$455,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$455 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


NATIONAL CITY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$390,000

$415,000

$434,950

$435,000

11.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

17

23

16

15

-11.8%

Properties Pending Sale .......................

21

19

16

16

-23.8%

Properties For Sale ..............................

48

52

48

42

-12.5%

Days on Market (Pending Sale) .............

40

27

32

54

35.0%

Month’s Supply of Inventory .................

2.3

2.7

3

2.8

22.5%

Percent Under Contract .......................

43.8%

36.5%

33.3%

38.1%

-12.9%

$373,271

$436,825

$444,500

$417,342

10.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$390

MAR

$435,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$435 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


OCEANSIDE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$495,000

$552,000

$575,000

$540,000

9.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

93

163

81

82

-11.8%

Properties Pending Sale .......................

136

148

107

115

-15.4%

Properties For Sale ..............................

299

345

272

265

-11.4%

Days on Market (Pending Sale) .............

26

34

34

25

-3.8%

Month’s Supply of Inventory .................

3.2

2.1

3.4

3.2

0.5%

Percent Under Contract .......................

45.5%

42.9%

39.3%

43.4%

-4.6%

$1,035,000

$554,863

$547,792

$545,783

-89.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$495

MAR

$540,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$540 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


POWAY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$720,000

$759,950

$699,000

$775,000

7.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

39

52

53

29

-25.6%

Properties Pending Sale .......................

43

51

37

39

-9.3%

Properties For Sale ..............................

117

169

120

104

-11.1%

Days on Market (Pending Sale) .............

48

35

39

25

-47.9%

Month’s Supply of Inventory .................

3

3.2

2.3

3.6

19.5%

Percent Under Contract .......................

36.8%

30.2%

30.8%

37.5%

2.0%

$679,213

$747,167

$776,000

$752,208

9.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$775,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$775 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


RANCHO BERNARDO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$706,000

$849,500

$805,000

$830,000

17.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

62

100

63

53

-14.5%

Properties Pending Sale .......................

101

95

60

78

-22.8%

Properties For Sale ..............................

47

269

208

229

387.2%

Days on Market (Pending Sale) .............

27

32

32

20

-25.9%

Month’s Supply of Inventory .................

4.2

4.3

5

4.3

2.2%

Percent Under Contract .......................

214.9%

35.3%

28.8%

34.1%

-84.1%

Average Median Price for Last 12 Months

$749,382

$846,017

$843,700

$837,339

10.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT FEB

$706

MAR

$830,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$830 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SAN MARCOS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$669,000

$642,500

$656,000

$540,000

-19.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

32

80

76

82

156.2%

Properties Pending Sale .......................

70

77

61

116

65.7%

Properties For Sale ..............................

135

193

156

263

94.8%

Days on Market (Pending Sale) .............

23

28

28

24

4.3%

Month’s Supply of Inventory .................

4.2

2.4

2.1

3.2

-24.0%

Percent Under Contract .......................

51.9%

39.9%

39.1%

44.1%

-14.9%

$568,250

$622,667

$608,000

$635,288

10.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $669

FEB MAR

$540,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$540 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SAN DIEGO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$599,750

$649,000

$640,000

$688,000

14.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

46

74

56

52

13.0%

Properties Pending Sale .......................

52

77

54

60

15.4%

Properties For Sale ..............................

100

171

143

119

19.0%

Days on Market (Pending Sale) .............

23

20

24

16

-30.4%

Month’s Supply of Inventory .................

2.2

2.3

2.6

2.3

5.3%

Percent Under Contract .......................

52.0%

45.0%

37.8%

50.4%

-3.0%

$588,404

$661,267

$680,000

$645,869

8.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$599

MAR

$688,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$688 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SANTEE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$462,500

$525,000

$517,000

$547,000

18.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

29

39

33

26

-10.3%

Properties Pending Sale .......................

35

50

36

35

0.0%

Properties For Sale ..............................

68

100

76

89

30.9%

Days on Market (Pending Sale) .............

38

21

29

25

-34.2%

Month’s Supply of Inventory .................

2.3

2.6

2.3

3.4

46.0%

Percent Under Contract .......................

51.5%

50.0%

47.4%

39.3%

-23.6%

$473,158

$526,325

$534,667

$512,112

7.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$462

MAR

$547,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$547 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SOLANA BEACH

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,500,000

$1,525,000

$1,675,000

$1,345,000

-10.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

4

13

1

8

100.0%

Properties Pending Sale .......................

3

14

4

8

166.7%

Properties For Sale ..............................

28

40

23

22

-21.4%

Days on Market (Pending Sale) .............

140

46

52

47

-66.4%

Month’s Supply of Inventory .................

7

3.1

23

2.8

-60.7%

Percent Under Contract .......................

10.7%

35.0%

17.4%

36.4%

239.4%

$1,537,750

$1,599,042

$1,515,000

$1,535,712

-0.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.500

MAR

$1,345,000

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.345 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SPRING VALLEY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$445,000

$455,000

$485,000

$477,500

7.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

47

57

38

36

-23.4%

Properties Pending Sale .......................

63

52

42

46

-27.0%

Properties For Sale ..............................

120

157

121

122

1.7%

Days on Market (Pending Sale) .............

43

27

29

26

-39.5%

Month’s Supply of Inventory .................

2.6

2.8

3.2

3.4

32.7%

Percent Under Contract .......................

52.5%

33.1%

34.7%

37.7%

-28.2%

$429,329

$472,000

$478,667

$460,096

6.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$445

MAR

$477,500

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$477 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


VISTA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$519,000

$542,500

$567,500

$552,500

6.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

63

88

64

56

-11.1%

Properties Pending Sale .......................

79

85

67

71

-10.1%

Properties For Sale ..............................

196

252

222

179

-8.7%

Days on Market (Pending Sale) .............

34

40

37

42

23.5%

Month’s Supply of Inventory .................

3.1

2.9

3.5

3.2

2.7%

Percent Under Contract .......................

40.3%

33.7%

30.2%

39.7%

-1.6%

$491,396

$552,383

$554,167

$538,177

8.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$519

MAR

$552,500

APR MAY

MEDIAN SALES PRICE

JUN

N/A

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$552 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


RIVERSIDE COUNTY

BERMUDA DUNES

LA QUINTA

CATHEDRAL CITY

PALM DESERT

COACHELLA

PALM SPRINGS

DESERT HOT SPRINGS

RANCHO MIRAGE

INDIAN WELLS

THOUSAND PALMS

INDIO

Micro Market Report : February 2018


COUNTY: RIVERSIDE AREA: 7,303 SQ MILES FOUNDED: 1893

Micro Market Report : February 2018


BERMUDA DUNES

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$0

$326,000

$0

$0

n/a

Average Price per Square Foot ..............

$0

$195

$0

$0

n/a

Properties Sold ...................................

0

2

0

0

n/a

Properties Pending Sale .......................

3

4

2

3

0.0%

Properties For Sale ..............................

18

14

15

11

-38.9%

Days on Market (Pending Sale) .............

40

102

156

122

205.0%

Month’s Supply of Inventory .................

n/a

7

n/a

n/a

n/a

Percent Under Contract .......................

16.7%

28.6%

13.3%

27.3%

63.6%

$196,375

$485,478

$568,956

$494,741

60.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CATHEDRAL CITY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$253,000

$299,950

$295,000

$345,000

36.4%

Average Price per Square Foot ..............

$160

$173

$182

$199

24.4%

Properties Sold ...................................

15

30

23

17

13.3%

Properties Pending Sale .......................

14

22

24

26

85.7%

Properties For Sale ..............................

114

98

113

108

-5.3%

Days on Market (Pending Sale) .............

54

90

52

49

-9.3%

Month’s Supply of Inventory .................

7.6

3.3

4.9

6.4

-16.4%

Percent Under Contract .......................

12.3%

22.4%

21.2%

24.1%

96.0%

$278,992

$316,333

$327,000

$300,381

7.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$253

MAR

$345,000

APR MAY

MEDIAN SALES PRICE

JUN

$199

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$345 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


COACHELLA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$107,500

$210,000

$262,950

$260,500

142.3%

Average Price per Square Foot ..............

$145

$158

$141

$123

-15.2%

Properties Sold ...................................

2

2

4

4

100.0%

Properties Pending Sale .......................

3

4

4

4

33.3%

Properties For Sale ..............................

14

16

18

13

-7.1%

Days on Market (Pending Sale) .............

47

10

36

86

83.0%

Month’s Supply of Inventory .................

7

8

4.5

3.2

-53.6%

Percent Under Contract .......................

21.4%

25.0%

22.2%

30.8%

43.6%

$209,917

$253,908

$265,833

$231,681

9.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$107

MAR

$260,500

APR MAY

MEDIAN SALES PRICE

JUN

$123

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$260 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


DESERT HOT SPRINGS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$175,000

$199,900

$227,500

$215,000

22.9%

Average Price per Square Foot ..............

$123

$135

$147

$142

15.4%

Properties Sold ...................................

15

23

24

21

40.0%

Properties Pending Sale .......................

24

33

27

38

58.3%

Properties For Sale ..............................

155

175

174

161

3.9%

Days on Market (Pending Sale) .............

55

66

62

63

14.5%

Month’s Supply of Inventory .................

10.3

7.6

7.2

7.7

-25.8%

Percent Under Contract .......................

15.5%

18.9%

15.5%

23.6%

52.4%

$177,120

$218,542

$222,000

$205,623

13.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$175

MAR

$215,000

APR MAY

MEDIAN SALES PRICE

JUN

$142

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$215 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


INDIAN WELLS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$799,000

$0

$625,000

$470,000

-41.2%

Average Price per Square Foot ..............

$320

$0

$253

$260

-18.8%

Properties Sold ...................................

1

0

3

1

0.0%

Properties Pending Sale .......................

1

2

2

0

-100.0%

Properties For Sale ..............................

19

13

18

14

-26.3%

Days on Market (Pending Sale) .............

11

18

30

0

-100.0%

Month’s Supply of Inventory .................

19

n/a

6

14

-26.3%

Percent Under Contract .......................

5.3%

15.4%

11.1%

0.0%

-100.0%

$666,188

$807,900

$830,000

$845,111

21.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $799

FEB MAR

$470,000

APR MAY

MEDIAN SALES PRICE

JUN

$260

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

14 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$470 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


INDIO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$292,000

$265,000

$245,250

$289,000

-1.0%

Average Price per Square Foot ..............

$145

$151

$142

$161

11.0%

Properties Sold ...................................

16

15

8

15

-6.2%

Properties Pending Sale .......................

21

20

10

22

4.8%

Properties For Sale ..............................

96

87

98

91

-5.2%

Days on Market (Pending Sale) .............

85

70

84

44

-48.2%

Month’s Supply of Inventory .................

6

5.8

12.2

6.1

1.1%

Percent Under Contract .......................

21.9%

23.0%

10.2%

24.2%

10.5%

$292,995

$287,625

$287,167

$285,904

-2.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $292

FEB MAR

$289,000

APR MAY

MEDIAN SALES PRICE

JUN

$161

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$289 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


LA QUINTA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$380,000

$352,500

$339,750

$374,900

-1.3%

Average Price per Square Foot ..............

$176

$210

$166

$184

4.5%

Properties Sold ...................................

9

8

10

3

-66.7%

Properties Pending Sale .......................

15

8

11

14

-6.7%

Properties For Sale ..............................

107

78

67

78

-27.1%

Days on Market (Pending Sale) .............

106

160

74

40

-62.3%

Month’s Supply of Inventory .................

11.9

9.8

6.7

26

118.7%

Percent Under Contract .......................

14.0%

10.3%

16.4%

17.9%

28.0%

$328,556

$375,358

$369,300

$371,396

11.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$380

MAR

$374,900

APR MAY

MEDIAN SALES PRICE

JUN

$184

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

26 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$374 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


PALM DESERT

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$300,000

$402,500

$373,500

$340,000

13.3%

Average Price per Square Foot ..............

$230

$209

$198

$187

-18.7%

Properties Sold ...................................

5

12

16

16

220.0%

Properties Pending Sale .......................

14

12

11

23

64.3%

Properties For Sale ..............................

98

78

95

130

32.7%

Days on Market (Pending Sale) .............

74

80

41

45

-39.2%

Month’s Supply of Inventory .................

19.6

6.5

5.9

8.1

-58.5%

Percent Under Contract .......................

14.3%

15.4%

11.6%

17.7%

23.8%

$357,447

$379,067

$426,300

$365,838

2.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$340,000

APR MAY

MEDIAN SALES PRICE

JUN

$187

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$340 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


PALM SPRINGS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$565,000

$625,000

$626,500

$621,000

9.9%

Average Price per Square Foot ..............

$295

$331

$338

$329

11.5%

Properties Sold ...................................

67

67

59

54

-19.4%

Properties Pending Sale .......................

93

64

64

75

-19.4%

Properties For Sale ..............................

466

372

406

451

-3.2%

Days on Market (Pending Sale) .............

99

64

65

56

-43.4%

Month’s Supply of Inventory .................

7

5.6

6.9

8.4

20.1%

Percent Under Contract .......................

20.0%

17.2%

15.8%

16.6%

-16.7%

$582,125

$619,275

$633,467

$610,854

4.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$565

MAR

$621,000

APR MAY

MEDIAN SALES PRICE

JUN

$329

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$621 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


RANCHO MIRAGE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$600,000

$542,500

$667,500

$665,000

10.8%

Average Price per Square Foot ..............

$294

$264

$289

$256

-12.9%

Properties Sold ...................................

16

23

14

16

0.0%

Properties Pending Sale .......................

17

11

16

29

70.6%

Properties For Sale ..............................

166

108

135

146

-12.0%

Days on Market (Pending Sale) .............

120

94

58

82

-31.7%

Month’s Supply of Inventory .................

10.4

4.7

9.6

9.1

-12.0%

Percent Under Contract .......................

10.2%

10.2%

11.9%

19.9%

94.0%

$527,625

$587,125

$615,917

$584,365

9.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$665,000

APR MAY

MEDIAN SALES PRICE

JUN

$256

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$665 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


THOUSAND PALMS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$230,000

$104,500

$0

$225,999

-1.7%

Average Price per Square Foot ..............

$180

$94

$0

$189

5.0%

Properties Sold ...................................

1

3

0

1

0.0%

Properties Pending Sale .......................

2

2

1

0

-100.0%

Properties For Sale ..............................

7

10

12

7

0.0%

Days on Market (Pending Sale) .............

28

57

161

0

-100.0%

Month’s Supply of Inventory .................

3.5

5

12

7

100.0%

Percent Under Contract .......................

28.6%

20.0%

8.3%

0.0%

-100.0%

Average Median Price for Last 12 Months

$75,787

$402,750

$432,000

$243,359

68.9%

*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

$230

MAR

$225,999

APR MAY

MEDIAN SALES PRICE

JUN

$189

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$225 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018



CONDOMINIUMS

BEVERLY CENTER - MIRACLE MILE

SANTA MONICA

BEVERLY HILLS

SHERMAN OAKS

BRENTWOOD

STUDIO CITY

CULVER CITY

VENICE

ENCINO

WEST HOLLYWOOD

MALIBU

WEST LA

MARINA DEL REY

WESTWOOD - CENTURY CITY

Micro Market Report : February 2018


COUNTY: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : February 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$680,000

$689,000

$935,000

$557,000

-18.1%

Average Price per Square Foot ..............

$542

$668

$633

$684

26.2%

Properties Sold ...................................

5

11

9

6

20.0%

Properties Pending Sale .......................

6

10

6

5

-16.7%

Properties For Sale ..............................

24

27

17

19

-20.8%

Days on Market (Pending Sale) .............

39

49

32

16

-59.0%

Month’s Supply of Inventory .................

4.8

2.5

1.9

3.2

-34.0%

Percent Under Contract .......................

25.0%

37.0%

35.3%

26.3%

5.3%

$729,708

$711,333

$605,333

$713,155

-2.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $680

FEB MAR

$557,000

APR MAY

MEDIAN SALES PRICE

JUN

$684

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$557 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BEVERLY HILLS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$957,500

$1,392,500

$1,147,000

$1,347,500

40.7%

Average Price per Square Foot ..............

$574

$730

$792

$725

26.3%

Properties Sold ...................................

4

8

10

8

100.0%

Properties Pending Sale .......................

10

13

10

5

-50.0%

Properties For Sale ..............................

54

74

47

39

-27.8%

Days on Market (Pending Sale) .............

44

51

40

57

29.5%

Month’s Supply of Inventory .................

13.5

9.2

4.7

4.9

-63.9%

Percent Under Contract .......................

18.5%

17.6%

21.3%

12.8%

-30.8%

$1,195,137

$1,192,491

$1,299,315

$1,277,169

6.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$957

MAR

$1,347,500

APR MAY

MEDIAN SALES PRICE

JUN

$725

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.347 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


BRENTWOOD

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$876,000

$925,000

$747,500

$932,000

6.4%

Average Price per Square Foot ..............

$613

$653

$660

$652

6.4%

Properties Sold ...................................

13

13

14

8

-38.5%

Properties Pending Sale .......................

12

19

13

11

-8.3%

Properties For Sale ..............................

52

55

42

45

-13.5%

Days on Market (Pending Sale) .............

31

30

54

27

-12.9%

Month’s Supply of Inventory .................

4

4.2

3

5.6

40.6%

Percent Under Contract .......................

23.1%

34.5%

31.0%

24.4%

5.9%

$829,004

$899,583

$923,833

$904,346

9.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$876

MAR

$932,000

APR MAY

MEDIAN SALES PRICE

JUN

$652

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$932 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


CULVER CITY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$471,250

$525,000

$535,000

$580,500

23.2%

Average Price per Square Foot ..............

$473

$520

$532

$532

12.5%

Properties Sold ...................................

8

9

11

6

-25.0%

Properties Pending Sale .......................

17

14

15

14

-17.6%

Properties For Sale ..............................

29

24

35

26

-10.3%

Days on Market (Pending Sale) .............

17

22

39

13

-23.5%

Month’s Supply of Inventory .................

3.6

2.7

3.2

4.3

19.5%

Percent Under Contract .......................

58.6%

58.3%

42.9%

53.8%

-8.1%

$474,256

$546,583

$532,000

$524,788

10.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$471

MAR

$580,500

APR MAY

MEDIAN SALES PRICE

JUN

$532

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$580 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


DOWNTOWN

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$476,500

$625,000

$600,000

$633,750

33.0%

Average Price per Square Foot ..............

$618

$702

$662

$753

21.8%

Properties Sold ...................................

20

43

29

28

40.0%

Properties Pending Sale .......................

36

51

33

38

5.6%

Properties For Sale ..............................

187

244

191

182

-2.7%

Days on Market (Pending Sale) .............

56

50

48

32

-42.9%

Month’s Supply of Inventory .................

9.4

5.7

6.6

6.5

-30.5%

Percent Under Contract .......................

19.3%

20.9%

17.3%

20.9%

8.5%

$580,313

$637,458

$638,250

$618,596

6.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$476

MAR

$633,750

APR MAY

MEDIAN SALES PRICE

JUN

$753

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$633 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


ENCINO

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$350,000

$390,000

$260,000

$565,000

61.4%

Average Price per Square Foot ..............

$330

$344

$349

$405

22.7%

Properties Sold ...................................

13

19

11

11

-15.4%

Properties Pending Sale .......................

17

22

21

18

5.9%

Properties For Sale ..............................

24

28

15

19

-20.8%

Days on Market (Pending Sale) .............

47

50

53

41

-12.8%

Month’s Supply of Inventory .................

1.8

1.5

1.4

1.7

-6.4%

Percent Under Contract .......................

70.8%

78.6%

140.0%

94.7%

33.7%

$358,917

$394,333

$460,333

$373,154

4.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$350

MAR

$565,000

APR MAY

MEDIAN SALES PRICE

JUN

$405

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$565 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MALIBU

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,150,000

$0

$1,005,000

$725,000

-37.0%

Average Price per Square Foot ..............

$782

$0

$658

$720

-7.9%

Properties Sold ...................................

1

0

3

2

100.0%

Properties Pending Sale .......................

2

2

2

2

0.0%

Properties For Sale ..............................

16

21

21

15

-6.2%

Days on Market (Pending Sale) .............

22

16

164

48

118.2%

Month’s Supply of Inventory .................

16

n/a

7

0.3

-98.0%

Percent Under Contract .......................

12.5%

9.5%

9.5%

13.3%

6.7%

$1,011,854

$962,500

$1,032,500

$947,864

-6.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.150

FEB MAR

$725,000

APR MAY

MEDIAN SALES PRICE

JUN

$720

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

0.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$725 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


MARINA DEL REY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$850,000

$900,000

$895,000

$935,000

10.0%

Average Price per Square Foot ..............

$683

$752

$722

$744

8.9%

Properties Sold ...................................

11

23

27

14

27.3%

Properties Pending Sale .......................

27

22

25

18

-33.3%

Properties For Sale ..............................

95

85

85

73

-23.2%

Days on Market (Pending Sale) .............

29

45

37

19

-34.5%

Month’s Supply of Inventory .................

8.6

3.7

3.1

5.2

-39.6%

Percent Under Contract .......................

28.4%

25.9%

29.4%

24.7%

-13.2%

$887,292

$920,667

$935,000

$910,588

2.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$850

MAR

$935,000

APR MAY

MEDIAN SALES PRICE

JUN

$744

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$935 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SANTA MONICA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$800,000

$978,000

$837,500

$1,187,500

48.4%

Average Price per Square Foot ..............

$979

$1,005

$1,017

$918

-6.2%

Properties Sold ...................................

21

36

23

22

4.8%

Properties Pending Sale .......................

14

37

23

25

78.6%

Properties For Sale ..............................

74

96

80

98

32.4%

Days on Market (Pending Sale) .............

42

25

34

29

-31.0%

Month’s Supply of Inventory .................

3.5

2.7

3.5

4.5

26.4%

Percent Under Contract .......................

18.9%

38.5%

28.7%

25.5%

34.8%

$914,396

$1,097,250

$1,132,833

$1,008,346

10.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$800

MAR

$1,187,500

APR MAY

MEDIAN SALES PRICE

JUN

$918

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.187 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


SHERMAN OAKS

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$466,000

$540,000

$522,000

$570,000

22.3%

Average Price per Square Foot ..............

$349

$392

$384

$392

12.3%

Properties Sold ...................................

15

33

20

11

-26.7%

Properties Pending Sale .......................

25

29

22

22

-12.0%

Properties For Sale ..............................

28

24

13

12

-57.1%

Days on Market (Pending Sale) .............

45

52

50

20

-55.6%

Month’s Supply of Inventory .................

1.9

0.7

0.6

1.1

-41.6%

Percent Under Contract .......................

89.3%

120.8%

169.2%

183.3%

105.3%

$455,500

$517,500

$522,000

$505,692

11.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$466

MAR

$570,000

APR MAY

MEDIAN SALES PRICE

JUN

$392

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$570 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


STUDIO CITY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$568,000

$596,000

$715,000

$665,000

17.1%

Average Price per Square Foot ..............

$439

$480

$472

$533

21.4%

Properties Sold ...................................

8

20

15

5

-37.5%

Properties Pending Sale .......................

10

14

14

9

-10.0%

Properties For Sale ..............................

28

19

15

8

-71.4%

Days on Market (Pending Sale) .............

65

40

46

39

-40.0%

Month’s Supply of Inventory .................

3.5

1

1

0

%

Percent Under Contract .......................

35.7%

73.7%

93.3%

112.5%

215.0%

$555,000

$707,333

$670,000

$661,000

19.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$568

MAR

$665,000

APR MAY

MEDIAN SALES PRICE

JUN

$533

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

NO SALES MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$665 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


VENICE

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$1,280,000

$0

$1,465,000

$1,525,000

19.1%

Average Price per Square Foot ..............

$866

$0

$912

$790

-8.8%

Properties Sold ...................................

3

11

2

3

0.0%

Properties Pending Sale .......................

1

5

1

2

100.0%

Properties For Sale ..............................

11

21

16

13

18.2%

Days on Market (Pending Sale) .............

21

0

126

92

338.1%

Month’s Supply of Inventory .................

3.7

1.9

8

4.3

18.2%

Percent Under Contract .......................

9.1%

23.8%

6.2%

15.4%

69.2%

$1,010,167

$1,255,833

$1,328,333

$1,218,833

20.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$1.280

MAR

$1,525,000

APR MAY

MEDIAN SALES PRICE

JUN

$790

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.525 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WEST HOLLYWOOD

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$670,000

$740,000

$700,000

$615,000

-8.2%

Average Price per Square Foot ..............

$683

$717

$707

$679

-0.6%

Properties Sold ...................................

25

39

26

19

-24.0%

Properties Pending Sale .......................

29

31

38

31

6.9%

Properties For Sale ..............................

112

114

107

91

-18.8%

Days on Market (Pending Sale) .............

30

29

46

32

6.7%

Month’s Supply of Inventory .................

4.5

2.9

4.1

4.8

6.9%

Percent Under Contract .......................

25.9%

27.2%

35.5%

34.1%

31.6%

$673,104

$712,692

$718,333

$697,396

3.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$670

MAR

$615,000

APR MAY

MEDIAN SALES PRICE

JUN

$679

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$615 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WEST LA

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$708,100

$826,666

$815,500

$981,000

38.5%

Average Price per Square Foot ..............

$563

$608

$606

$576

2.3%

Properties Sold ...................................

7

19

16

6

-14.3%

Properties Pending Sale .......................

12

14

10

6

-50.0%

Properties For Sale ..............................

21

25

26

17

-19.0%

Days on Market (Pending Sale) .............

33

38

25

16

-51.5%

Month’s Supply of Inventory .................

3

1.3

1.6

2.8

-5.6%

Percent Under Contract .......................

57.1%

56.0%

38.5%

35.3%

-38.2%

$773,425

$854,417

$930,333

$802,347

3.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$708

MAR

$981,000

APR MAY

MEDIAN SALES PRICE

JUN

$576

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$981 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018


WESTWOOD - CENTURY CITY

DATA*

Feb 2017

6 MONTH

3 MONTH

Feb 2018

% CHANGE

Median Price ......................................

$838,250

$810,000

$912,500

$949,000

13.2%

Average Price per Square Foot ..............

$634

$680

$821

$719

13.4%

Properties Sold ...................................

36

42

46

31

-13.9%

Properties Pending Sale .......................

40

48

177

50

25.0%

Properties For Sale ..............................

188

214

177

187

-0.5%

Days on Market (Pending Sale) .............

37

51

49

42

13.5%

Month’s Supply of Inventory .................

5.2

5.1

3.8

6

15.5%

Percent Under Contract .......................

21.3%

22.4%

100.0%

26.7%

25.7%

$840,621

$943,667

$975,667

$892,596

6.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for 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

$838

MAR

$949,000

APR MAY

MEDIAN SALES PRICE

JUN

$719

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$949 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : February 2018




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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH February 2018 /

Los Angeles, Orange, Santa Barbara, Monterey, Riverside, San Diego


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