January 2015 Micro Market Report | Teles Properties

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micro market report luxury real estate market research January 2015 | LOS ANGELES, ORANGE, SANTA BARBARA, & MONTEREY COUNTIES



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Reading the Report

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

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

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

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


MEDIAN PRICE:

DAYS OF MARKET (PENDING SALE):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

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

MONTH’S SUPPLY OF INVENTORY:

low) don’t hold undue influence.

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

AVERAGE PRICE PER SQUARE FOOT:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

PERCENT UNDER CONTRACT:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

PROPERTIES SOLD:

The number of property transactions

AVERAGE MEDIAN PRICE FOR LAST 12:

that closed and transferred ownership.

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

PROPERTIES PENDING SALE:

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

The number of properties on the market and seeking buyers.

ending in the identified month.


Los Angeles County

Los Angeles County Macro

Mid Los Angeles

Palos Verdes Estates

North Hollywood

Bel Air - Holmby Hills

Mid Wilshire

Rancho Palos Verdes

Shadow Hills

Beverly Center - Miracle Mile

Pacific Palisades

Redondo Beach - North

Sherman Oaks

Beverly Hills

Palms - Mar Vista

Redondo Beach - South

Studio City

Beverly Hills P.O.

Playa del Rey

Rolling Hills

Sun Valley

Beverlywood

Playa Vista

Rolling Hills Estates

Sunland - Tujunga

Brentwood

Santa Monica

San Pedro

Tarzana

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Torrance - County Strip

Toluca Lake

Culver City

Venice

Torrance - North

Valley Village

Hancock Park - Wilshire

West Hollywood

Torrance - Southeast

Woodland Hills

Hollywood

West Los Angeles

Torrance - South

San Gabriel Valley Macro

Hollywood Hills East

Westchester

Torrance - West

Altadena

Laurel Canyon

Westwood - Century City

San Fernando Macro

Arcadia

Los Feliz

South Bay Macro

Burbank

Duarte

Malibu

El Segundo

Encino

Eagle Rock

Malibu Beach

Hermosa Beach

Glendale

La Canada Flintridge

Marina del Rey

Manhattan Beach

La Crescenta

Monrovia

Micro Market Report : January 2015

telesproperties.com


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

Pasadena San Gabriel San Marino Sierra Madre South Pasadena

Micro Market Report : January 2015

telesproperties.com


Los Angeles County DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$470,000

$542,000

$535,000

$498,500

6.1%

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

$370

$424

$423

$407

10.0%

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

3027

4372

4061

2684

-11.3%

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

3225

4098

4193

3797

17.7%

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

17,223

21,023

20,828

16,372

-4.9%

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

65

56

63

56

-13.8%

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

5.7

4.8

5.1

6.1

7.2%

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

18.7%

19.5%

20.1%

23.2%

23.9%

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

$617,000

$521,083

$505,500

$515,346

-19.7%

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

current market snapshot JAN

$470

FEB

$498,500

MAR APR

MEDIAN SALES PRICE

MAY

$407

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$498 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Bel-Air Holmby Hills DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$2,162,500

$2,058,000

$2,011,100

$1,950,000

-9.8%

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

$950

$838

$694

$967

1.8%

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

10

13

10

15

50.0%

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

4

8

24

18

350.0%

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

97

119

137

113

16.5%

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

310

44

67

105

-66.1%

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

9.7

9.2

13.7

7.5

-22.3%

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

4.1%

6.7%

17.5%

15.9%

286.3%

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

$1,853,000

$2,014,017

$1,674,167

$2,542,184

27.1%

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

current market snapshot JAN

$2.162

FEB

$1,950,000

MAR APR

MEDIAN SALES PRICE

MAY

$967

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Beverly Center - Miracle Mile DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,300,000

$1,314,500

$1,250,000

$1,265,000

-2.7%

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

$536

$645

$612

$607

13.2%

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

11

17

20

8

-27.3%

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

15

19

13

16

6.7%

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

59

75

61

69

16.9%

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

32

35

65

41

28.1%

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

5.4

4.4

3

8.6

60.8%

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

25.4%

25.3%

21.3%

23.2%

-8.8%

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

$1,195,000

$1,366,633

$1,364,850

$1,329,965

10.1%

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

current market snapshot JAN

$1.300

FEB

$1,265,000

MAR APR

MEDIAN SALES PRICE

MAY

$607

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.265 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Beverly Hills DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$5,198,500

$3,050,000

$2,997,500

$5,900,000

13.5%

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

$1,063

$1,070

$1,156

$1,606

51.1%

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

12

11

14

12

0.0%

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

9

14

14

10

11.1%

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

92

95

102

83

-9.8%

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

42

46

121

81

92.9%

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

7.7

8.6

7.3

6.9

-9.8%

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

9.8%

14.7%

13.7%

12.0%

23.2%

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

$4,649,000

$4,479,167

$5,498,333

$4,513,500

-3.0%

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

current market snapshot JAN

$5.198

FEB

$5,900,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,606

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$5.900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Beverly Hills- Post Office DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$2,150,000

$2,960,000

$2,275,000

$2,950,000

37.2%

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

$772

$916

$811

$817

5.8%

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

11

12

17

5

-54.5%

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

15

15

14

13

-13.3%

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

116

132

143

125

7.8%

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

64

93

81

89

39.1%

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

10.5

11

8.4

25

137.1%

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

12.9%

11.4%

9.8%

10.4%

-19.6%

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

$2,065,000

$2,921,083

$2,930,500

$2,607,423

20.8%

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

current market snapshot JAN

$2.150

FEB

$2,950,000

MAR APR

MEDIAN SALES PRICE

MAY

$817

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

25 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Beverlywood DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$910,000

$1,029,000

$930,500

$977,000

7.4%

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

$573

$580

$584

$650

13.4%

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

10

19

22

15

50.0%

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

20

21

7

22

10.0%

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

58

67

46

46

-20.7%

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

40

46

50

47

17.5%

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

5.8

3.5

2.1

3.1

-47.1%

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

34.5%

31.3%

15.2%

47.8%

38.7%

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

$873,000

$951,854

$871,875

$947,817

7.9%

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

current market snapshot JAN

$910

FEB

$977,000

MAR APR

MEDIAN SALES PRICE

MAY

$650

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$977 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Brentwood DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$2,190,000

$2,717,500

$2,989,500

$2,600,500

18.7%

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

$949

$909

$1,013

$1,045

10.1%

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

11

20

22

10

-9.1%

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

13

19

29

11

-15.4%

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

77

108

126

87

13.0%

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

61

56

44

41

-32.8%

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

7

5.4

5.7

8.7

24.3%

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

16.9%

17.6%

23.0%

12.6%

-25.1%

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

$2,325,000

$2,577,725

$2,308,450

$2,741,181

15.2%

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

current market snapshot JAN

$2.190

FEB

$2,600,500

MAR APR

MEDIAN SALES PRICE

MAY

$1,045

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,800,000

$1,395,000

$1,820,000

$1,300,000

-27.8%

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

$892

$746

$728

$765

-14.2%

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

3

7

7

8

166.7%

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

3

9

5

2

-33.3%

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

9

27

23

17

88.9%

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

33

26

15

80

142.4%

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

3

3.9

3.3

2.1

-29.2%

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

33.3%

33.3%

21.7%

11.8%

-64.7%

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

$1,422,000

$1,606,750

$1,483,333

$1,607,992

11.6%

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

current market snapshot $1.800

JAN FEB

$1,300,000

MAR APR

MEDIAN SALES PRICE

MAY

$765

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Culver City DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$700,000

$893,250

$808,000

$1,075,000

53.6%

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

$532

$596

$592

$546

2.6%

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

9

16

22

11

22.2%

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

11

16

17

21

90.9%

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

30

53

45

53

76.7%

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

49

20

43

41

-16.3%

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

3.3

3.3

2

4.8

44.5%

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

36.7%

30.2%

37.8%

39.6%

8.1%

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

$783,000

$870,925

$925,667

$837,369

6.5%

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

current market snapshot JAN

$700

FEB

$1,075,000

MAR APR

MEDIAN SALES PRICE

MAY

$546

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.075 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Hancock Park - Wilshire DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,531,250

$1,625,000

$1,335,000

$1,472,500

-3.8%

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

$536

$661

$611

$597

11.4%

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

14

26

21

24

71.4%

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

23

29

25

25

8.7%

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

78

116

107

98

25.6%

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

63

52

52

40

-36.5%

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

5.6

4.5

5.1

4.1

-26.7%

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

29.5%

25.0%

23.4%

25.5%

-13.5%

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

$1,151,000

$1,334,000

$1,348,333

$1,364,727

15.7%

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

current market snapshot JAN

$1.531

FEB

$1,472,500

MAR APR

MEDIAN SALES PRICE

MAY

$597

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.472 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Hollywood DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$285,000

$687,000

$917,000

$1,190,000

317.5%

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

$207

$457

$532

$568

174.4%

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

1

6

12

6

500.0%

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

3

5

7

7

133.3%

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

31

21

28

39

25.8%

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

51

14

30

64

25.5%

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

31

3.5

2.3

6.5

-79.0%

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

9.7%

23.8%

25.0%

17.9%

85.5%

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

$593,000

$824,333

$895,000

$914,470

35.2%

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

current market snapshot JAN

$285

FEB

$1,190,000

MAR APR

MEDIAN SALES PRICE

MAY

$568

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.190 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Hollywood Hills East DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,460,000

$1,134,000

$1,138,750

$1,125,548

-22.9%

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

$553

$512

$609

$483

-12.7%

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

9

18

12

8

-11.1%

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

6

9

13

14

133.3%

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

51

69

60

55

7.8%

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

36

79

44

79

119.4%

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

8.5

7.7

4.6

6.9

-19.1%

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

11.8%

13.0%

21.7%

25.5%

116.4%

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

$1,068,000

$1,186,041

$1,203,849

$1,194,415

10.6%

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

current market snapshot $1.460

JAN FEB

$1,125,548

MAR APR

MEDIAN SALES PRICE

MAY

$483

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.125 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Laurel Canyon DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,076,442

$1,428,000

$1,465,000

$1,300,000

20.8%

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

$574

$727

$794

$674

17.4%

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

20

33

27

29

45.0%

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

31

24

26

20

-35.5%

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

144

147

138

122

-15.3%

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

56

49

48

67

19.6%

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

4.6

6.1

5.3

4.2

-9.4%

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

21.5%

16.3%

18.8%

16.4%

-23.8%

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

$1,210,000

$1,395,833

$1,353,333

$1,366,880

11.5%

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

current market snapshot JAN

$1.076

FEB

$1,300,000

MAR APR

MEDIAN SALES PRICE

MAY

$674

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Los Feliz DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$972,000

$1,250,000

$1,600,000

$1,617,500

66.4%

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

$698

$603

$615

$585

-16.2%

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

14

21

11

16

14.3%

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

16

24

19

15

-6.2%

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

68

99

68

64

-5.9%

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

50

35

60

57

14.0%

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

4.2

4.1

3.6

4

-5.9%

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

23.5%

24.2%

27.9%

23.4%

-0.4%

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

$1,169,000

$1,392,367

$1,416,567

$1,297,015

9.9%

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

current market snapshot JAN

$972

FEB

$1,617,500

MAR APR

MEDIAN SALES PRICE

MAY

$585

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.617 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Malibu DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$2,225,000

$2,665,000

$2,852,500

$1,910,000

-14.2%

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

$726

$809

$836

$778

7.2%

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

7

18

14

12

71.4%

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

14

13

16

15

7.1%

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

171

220

201

174

1.8%

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

143

185

142

159

11.2%

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

24.4

12.2

14.4

14.5

-40.6%

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

8.2%

5.9%

8.0%

8.6%

5.3%

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

$1,953,000

$2,422,083

$2,185,000

$2,350,728

16.9%

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

current market snapshot JAN

$2.225

FEB

$1,910,000

MAR APR

MEDIAN SALES PRICE

MAY

$778

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

14.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.910 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Malibu Beach DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$4,716,250

$4,845,000

$13,325,000

$4,725,000

0.2%

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

$1,883

$1,640

$2,419

$1,716

-8.9%

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

2

2

2

2

0.0%

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

5

5

3

2

-60.0%

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

64

85

73

66

3.1%

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

260

72

130

216

-16.9%

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

32

42.5

36.5

33

3.1%

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

7.8%

5.9%

4.1%

3.0%

-61.2%

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

$6,439,000

$7,468,750

$5,875,000

$6,653,375

3.2%

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

current market snapshot JAN

$4.716

FEB

$4,725,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,716

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

33 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$4.725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Marina Del Rey DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$2,050,000

$0

$780,000

$1,899,750

-7.3%

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

$591

$0

$547

$599

1.4%

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

1

0

5

4

300.0%

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

7

3

5

6

-14.3%

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

24

27

25

22

-8.3%

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

52

22

30

40

-23.1%

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

24

0

5

5.5

-77.1%

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

29.2%

11.1%

20.0%

27.3%

-6.5%

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

$1,623,000

$1,438,292

$1,567,417

$1,643,396

1.2%

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

current market snapshot JAN

$2.050

FEB

$1,899,750

MAR APR

MEDIAN SALES PRICE

MAY

$599

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.899 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Mid Los Angeles DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$450,000

$525,000

$548,600

$492,500

9.4%

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

$257

$297

$371

$305

18.7%

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

9

15

22

26

188.9%

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

14

15

16

37

164.3%

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

57

67

70

131

129.8%

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

52

37

52

42

-19.2%

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

6.3

4.5

3.2

5

-20.4%

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

24.6%

22.4%

22.9%

28.2%

15.0%

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

$444,000

$513,350

$452,500

$517,243

14.2%

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

current market snapshot JAN

$450

FEB

$492,500

MAR APR

MEDIAN SALES PRICE

MAY

$305

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$492 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Mid Wilshire DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$545,000

$610,000

$540,000

$592,500

8.7%

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

$387

$322

$394

$357

-7.8%

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

1

7

3

6

500.0%

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

0

2

2

7

0%

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

26

38

15

30

15.4%

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

0

54

15

50

0%

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

26

5.4

5

5

-80.8%

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

0.0%

5.3%

13.3%

23.3%

0%

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

$516,000

$596,083

$545,000

$622,654

17.1%

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

current market snapshot JAN

$545

FEB

$592,500

MAR APR

MEDIAN SALES PRICE

MAY

$357

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$592 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Pacific Palisades DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$2,492,000

$2,862,467

$2,200,000

$2,135,000

-14.3%

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

$721

$905

$733

$936

29.8%

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

14

45

22

14

0.0%

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

20

25

24

20

0.0%

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

109

124

121

109

0.0%

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

69

28

42

78

13.0%

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

7.8

2.8

5.5

7.8

0.0%

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

18.3%

20.2%

19.8%

18.3%

0.0%

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

$2,291,000

$2,249,900

$2,221,467

$2,513,182

8.8%

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

current market snapshot JAN

$2.492

FEB

$2,135,000

MAR APR

MEDIAN SALES PRICE

MAY

$936

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.135 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Palms - Mar Vista DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$760,000

$967,000

$1,175,000

$941,000

23.8%

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

$571

$687

$627

$654

14.5%

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

17

34

31

19

11.8%

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

19

24

27

19

0.0%

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

55

90

80

66

20.0%

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

29

32

61

48

65.5%

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

3.2

2.6

2.6

3.5

7.4%

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

34.5%

26.7%

33.8%

28.8%

-16.7%

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

$909,000

$1,063,024

$1,090,382

$1,055,203

13.9%

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

current market snapshot JAN

$760

FEB

$941,000

MAR APR

MEDIAN SALES PRICE

MAY

$654

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$941 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Playa Del Rey DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,082,710

$1,260,000

$1,252,000

$1,750,000

61.6%

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

$611

$532

$572

$500

-18.2%

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

3

3

4

1

-66.7%

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

4

3

2

4

0.0%

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

13

16

22

16

23.1%

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

66

51

134

74

12.1%

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

4.3

5.3

5.5

16

269.2%

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

30.8%

18.8%

9.1%

25.0%

-18.8%

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

$1,145,000

$1,275,167

$1,271,000

$1,261,404

9.2%

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

current market snapshot JAN

$1.082

FEB

$1,750,000

MAR APR

MEDIAN SALES PRICE

MAY

$500

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

16 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Playa Vista DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$0

$829,000

$1,220,750

$1,795,000

0%

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

$0

$549

$485

$494

0%

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

0

1

2

1

0%

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

0

2

1

1

0%

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

9

6

6

6

-33.3%

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

0

27

9

9

0%

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

0

6

3

6

0%

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

0.0%

33.3%

16.7%

16.7%

0%

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

$1,354,000

$1,511,467

$1,701,850

$1,327,480

-2.0%

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

current market snapshot JAN FEB

$1,795,000

MAR APR

MEDIAN SALES PRICE

MAY

$494

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.795 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Santa Monica DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,488,000

$1,682,500

$2,225,000

$2,018,750

35.7%

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

$1,043

$902

$932

$873

-16.3%

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

7

28

29

14

100.0%

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

15

25

22

11

-26.7%

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

66

90

83

59

-10.6%

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

62

40

54

48

-22.6%

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

9.4

3.2

2.9

4.2

-55.3%

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

22.7%

27.8%

26.5%

18.6%

-18.0%

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

$1,942,000

$2,151,767

$2,237,617

$2,019,200

3.8%

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

current market snapshot JAN

$1.488

FEB

$2,018,750

MAR APR

MEDIAN SALES PRICE

MAY

$873

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.018 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,220,000

$1,925,000

$2,050,525

$1,426,000

16.9%

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

$639

$773

$871

$1,003

57.0%

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

24

46

36

35

45.8%

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

36

26

40

35

-2.8%

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

237

263

279

244

3.0%

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

70

61

77

63

-10.0%

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

9.9

5.7

7.8

7

-29.4%

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

15.2%

9.9%

14.3%

14.3%

-5.6%

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

$1,450,000

$1,784,421

$1,625,333

$1,728,713

16.1%

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

current market snapshot JAN

$1.220

FEB

$1,426,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,003

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.426 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Venice DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,270,000

$1,750,000

$1,441,375

$1,270,000

0.0%

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

$972

$981

$1,062

$1,014

4.3%

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

14

22

18

11

-21.4%

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

8

18

23

14

75.0%

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

51

62

68

69

35.3%

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

42

37

51

58

38.1%

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

3.6

2.8

3.8

6.3

72.2%

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

15.7%

29.0%

33.8%

20.3%

29.3%

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

$1,354,000

$1,552,479

$1,557,833

$1,562,898

15.4%

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

current market snapshot JAN

$1.270

FEB

$1,270,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,014

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.270 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


West Hollywood DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,077,884

$943,000

$1,250,000

$2,150,000

99.5%

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

$618

$881

$968

$723

17.0%

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

17

10

7

9

-47.1%

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

8

14

12

7

-12.5%

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

42

58

52

49

16.7%

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

73

20

56

88

20.5%

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

2.5

5.8

7.4

5.4

120.4%

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

19.0%

24.1%

23.1%

14.3%

-25.0%

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

$1,099,000

$1,374,521

$1,391,333

$1,246,737

11.8%

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

current market snapshot JAN

$1.077

FEB

$2,150,000

MAR APR

MEDIAN SALES PRICE

MAY

$723

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


West Los Angeles DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$805,000

$810,000

$959,000

$890,000

10.6%

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

$531

$714

$600

$606

14.1%

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

4

7

13

12

200.0%

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

8

7

12

0

-100.0%

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

19

33

35

25

31.6%

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

38

46

35

0

-100.0%

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

4.8

4.7

2.7

2.1

-56.1%

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

42.1%

21.2%

34.3%

0.0%

-100.0%

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

$772,000

$895,250

$880,000

$871,250

12.9%

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

current market snapshot JAN

$805

FEB

$890,000

MAR APR

MEDIAN SALES PRICE

MAY

$606

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$890 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Westchester DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,060,000

$814,000

$894,000

$939,685

-11.4%

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

$479

$494

$564

$533

11.3%

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

7

33

19

15

114.3%

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

12

27

21

23

91.7%

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

32

81

70

49

53.1%

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

25

34

28

56

124.0%

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

4.6

2.5

3.7

3.3

-28.5%

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

37.5%

33.3%

30.0%

46.9%

25.2%

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

$770,000

$868,993

$870,820

$859,305

11.6%

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

current market snapshot JAN

$1.060

FEB

$939,685

MAR APR

MEDIAN SALES PRICE

MAY

$533

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$939 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Westwood - Century City DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,425,000

$2,200,000

$1,684,000

$1,863,250

30.8%

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

$723

$793

$796

$918

27.0%

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

8

21

12

4

-50.0%

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

6

19

14

11

83.3%

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

34

68

60

46

35.3%

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

74

40

37

32

-56.8%

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

4.2

3.2

5

11.5

170.6%

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

17.6%

27.9%

23.3%

23.9%

35.5%

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

$1,450,000

$1,728,792

$1,638,750

$1,768,288

22.0%

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

current market snapshot JAN

$1.425

FEB

$1,863,250

MAR APR

MEDIAN SALES PRICE

MAY

$918

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

11.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.863 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


South Bay Macro Market DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,198,525

$1,095,210

$962,193

$1,179,283

-1.6%

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

$505

$526

$530

$586

16.1%

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

160

277

258

137

-14.4%

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

228

260

280

206

-9.6%

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

676

976

930

673

-0.4%

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

45

41

59

54

20.6%

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

4.2

3.5

3.6

4.9

16.3%

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

33.7%

26.6%

30.1%

30.6%

-9.2%

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

$1,046,933

$1,142,451

$1,171,923

$1,160,026

10.8%

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

current market snapshot JAN

$1.198

FEB

$1,179,283

MAR APR

MEDIAN SALES PRICE

MAY

$586

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.179 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


El Segundo DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$840,500

$950,000

$1,280,000

$982,500

16.9%

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

$558

$426

$436

$627

12.4%

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

4

9

7

4

0.0%

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

2

8

7

5

150.0%

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

15

16

14

13

-13.3%

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

29

36

41

54

86.2%

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

3.8

1.8

2

3.2

-13.3%

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

13.3%

50.0%

50.0%

38.5%

188.5%

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

$860,000

$1,041,500

$1,077,167

$952,846

10.8%

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

current market snapshot JAN

$840

FEB

$982,500

MAR APR

MEDIAN SALES PRICE

MAY

$627

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$982 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Hermosa Beach DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$871,000

$999,000

$1,060,950

$1,725,000

98.0%

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

$729

$870

$978

$768

5.3%

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

7

9

6

9

28.6%

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

7

7

10

10

42.9%

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

28

35

38

22

-21.4%

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

21

39

58

40

90.5%

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

4

3.9

6.3

2.4

-38.9%

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

25.0%

20.0%

26.3%

45.5%

81.8%

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

$1,166,000

$1,582,742

$1,624,666

$1,471,650

26.2%

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

current market snapshot JAN

$871

FEB

$1,725,000

MAR APR

MEDIAN SALES PRICE

MAY

$768

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Manhattan Beach DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$2,217,500

$1,955,250

$2,115,000

$1,700,000

-23.3%

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

$703

$782

$822

$782

11.2%

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

10

31

35

11

10.0%

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

21

23

35

17

-19.0%

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

61

93

86

46

-24.6%

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

75

35

49

38

-49.3%

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

6.1

3

2.5

4.2

-31.4%

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

34.4%

24.7%

40.7%

37.0%

7.3%

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

$1,762,000

$1,910,833

$1,858,333

$1,924,788

9.2%

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

current market snapshot $2.217

JAN FEB

$1,700,000

MAR APR

MEDIAN SALES PRICE

MAY

$782

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Palos Verdes Estates DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,775,500

$1,650,000

$1,160,875

$1,480,000

-16.6%

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

$647

$592

$717

$1,143

76.7%

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

10

19

16

9

-10.0%

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

9

19

16

16

77.8%

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

45

84

85

66

46.7%

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

36

38

116

92

155.6%

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

4.5

4.4

5.3

7.3

63.0%

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

20.0%

22.6%

18.8%

24.2%

21.2%

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

$1,600,000

$1,762,563

$1,563,167

$1,661,221

3.8%

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

current market snapshot JAN

$1.775

FEB

$1,480,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,143

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.480 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Rancho Palos Verdes DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,100,000

$1,094,400

$1,120,000

$1,262,500

14.8%

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

$528

$518

$495

$497

-5.9%

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

25

48

34

20

-20.0%

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

19

43

31

21

10.5%

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

92

165

137

104

13.0%

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

64

55

58

75

17.2%

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

3.7

3.4

4

5.2

41.3%

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

20.7%

26.1%

22.6%

20.2%

-2.2%

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

$1,103,000

$1,161,417

$1,178,333

$1,169,300

6.0%

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

current market snapshot JAN

$1.100

FEB

$1,262,500

MAR APR

MEDIAN SALES PRICE

MAY

$497

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.262 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Redondo Beach- North DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$694,000

$850,000

$765,000

$851,000

22.6%

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

$517

$460

$513

$530

2.5%

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

17

17

19

12

-29.4%

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

75

35

49

38

-49.3%

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

61

93

86

46

-24.6%

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

10

31

35

11

10.0%

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

3.6

5.5

4.5

3.8

6.8%

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

123.0%

37.6%

57.0%

82.6%

-32.8%

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

$725,000

$819,333

$808,500

$800,031

10.3%

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

current market snapshot JAN

$694

FEB

$851,000

MAR APR

MEDIAN SALES PRICE

MAY

$530

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$851 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Redondo Beach- South DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$982,500

$1,302,500

$1,100,000

$1,150,000

17.0%

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

$523

$586

$618

$692

32.3%

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

12

22

25

8

-33.3%

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

11

15

17

13

18.2%

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

43

61

62

38

-11.6%

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

32

50

57

61

90.6%

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

3.6

2.8

2.5

4.8

32.6%

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

25.6%

24.6%

27.4%

34.2%

33.7%

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

$962,000

$1,119,583

$1,146,000

$1,063,769

10.6%

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

current market snapshot JAN

$982

FEB

$1,150,000

MAR APR

MEDIAN SALES PRICE

MAY

$692

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Rolling Hills DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$5,000,000

$2,785,000

$0

$3,112,500

-37.8%

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

$625

$638

$0

$815

30.4%

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

1

3

0

2

100.0%

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

1

2

2

4

300.0%

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

12

23

23

18

50.0%

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

5

7

74

120

2300.0%

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

12

7.7

0

9

-25.0%

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

8.3%

8.7%

8.7%

22.2%

166.7%

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

$2,909,000

$3,017,095

$3,034,858

$3,395,898

16.7%

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

current market snapshot $5.000

JAN FEB

$3,112,500

MAR APR

MEDIAN SALES PRICE

MAY

$815

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.112 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Rolling Hills Estates DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,000,000

$1,300,000

$1,302,500

$1,565,500

56.5%

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

$457

$573

$521

$633

38.5%

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

1

15

8

4

300.0%

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

5

6

8

6

20.0%

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

17

33

29

14

-17.6%

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

73

32

60

65

-11.0%

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

17

2.2

3.6

3.5

-79.4%

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

29.4%

18.2%

27.6%

42.9%

45.7%

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

$1,299,000

$1,383,922

$1,573,261

$1,343,502

3.4%

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

current market snapshot JAN

$1.000

FEB

$1,565,500

MAR APR

MEDIAN SALES PRICE

MAY

$633

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

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

Micro Market Report : January 2015

telesproperties.com


San Pedro DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$515,000

$522,500

$495,000

$554,500

7.7%

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

$386

$365

$313

$408

5.7%

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

20

24

28

16

-20.0%

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

25

23

34

27

8.0%

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

113

117

137

125

10.6%

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

58

53

48

62

6.9%

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

5.6

4.9

4.9

7.8

38.3%

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

22.1%

19.7%

24.8%

21.6%

-2.4%

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

$491,000

$551,292

$547,917

$533,096

8.6%

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

current market snapshot JAN

$515

FEB

$554,500

MAR APR

MEDIAN SALES PRICE

MAY

$408

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$554 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Torrance- County Strip DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$410,875

$415,000

$425,000

$473,750

15.3%

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

$316

$332

$353

$299

-5.4%

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

12

9

6

4

-66.7%

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

4

8

3

4

0.0%

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

22

28

27

21

-4.5%

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

55

60

80

43

-21.8%

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

1.8

3.1

4.5

5.2

186.4%

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

18.2%

28.6%

11.1%

19.0%

4.8%

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

$374,000

$418,792

$418,083

$434,490

16.2%

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

current market snapshot JAN

$410

FEB

$473,750

MAR APR

MEDIAN SALES PRICE

MAY

$299

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$473 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Torrance- North DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$528,500

$515,000

$590,000

$581,500

10.0%

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

$354

$406

$359

$390

10.2%

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

12

17

19

10

-16.7%

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

11

16

18

15

36.4%

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

43

47

48

37

-14.0%

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

29

51

51

39

34.5%

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

3.6

2.8

2.5

3.7

3.3%

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

25.6%

34.0%

37.5%

40.5%

58.5%

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

$513,000

$569,408

$571,333

$548,527

6.9%

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

current market snapshot JAN

$528

FEB

$581,500

MAR APR

MEDIAN SALES PRICE

MAY

$390

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$581 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Torrance- South DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$799,500

$790,000

$775,000

$795,000

-0.6%

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

$424

$503

$478

$435

2.6%

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

11

18

21

17

54.5%

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

14

22

16

11

-21.4%

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

38

67

54

36

-5.3%

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

54

42

47

35

-35.2%

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

3.5

3.7

2.6

2.1

-38.7%

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

36.8%

32.8%

29.6%

30.6%

-17.1%

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

$739,000

$795,625

$818,750

$794,481

7.5%

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

current market snapshot JAN

$799

FEB

$795,000

MAR APR

MEDIAN SALES PRICE

MAY

$435

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$795 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Torrance- Southeast DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$533,000

$589,500

$548,875

$675,000

26.6%

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

$366

$379

$384

$338

-7.7%

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

7

18

18

3

-57.1%

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

13

17

20

10

-23.1%

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

56

70

68

56

0.0%

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

75

47

61

59

-21.3%

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

8

3.9

3.8

18.7

133.3%

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

23.2%

24.3%

29.4%

17.9%

-23.1%

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

$503,000

$594,638

$604,983

$579,563

15.2%

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

current market snapshot JAN

$533

FEB

$675,000

MAR APR

MEDIAN SALES PRICE

MAY

$338

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

18.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$675 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Torrance- West DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$710,000

$710,000

$732,500

$780,500

9.9%

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

$436

$455

$433

$431

-1.1%

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

11

18

16

8

-27.3%

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

11

16

14

9

-18.2%

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

30

44

36

31

3.3%

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

59

37

43

20

-66.1%

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

2.7

2.4

2.2

3.9

42.1%

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

36.7%

36.4%

38.9%

29.0%

-20.8%

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

$698,000

$750,500

$753,500

$727,231

4.2%

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

current market snapshot JAN

$710

FEB

$780,500

MAR APR

MEDIAN SALES PRICE

MAY

$431

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$780 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


San Fernando Valley Macro Market DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$763,500

$803,357

$747,357

$789,000

3.3%

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

$361

$396

$393

$420

16.3%

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

346

461

451

274

-20.8%

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

380

479

526

398

4.7%

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

811

1,202

1,155

892

10.0%

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

69

52

69

68

-1.0%

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

2.3

2.6

2.6

3.3

38.9%

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

46.9%

39.9%

45.5%

44.6%

-4.8%

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

$692,368

$760,643

$769,167

$768,049

10.9%

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

current market snapshot JAN

$763

FEB

$789,000

MAR APR

MEDIAN SALES PRICE

MAY

$420

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$789 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Burbank DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$630,000

$688,000

$650,000

$650,000

3.2%

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

$388

$413

$447

$438

12.9%

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

49

57

40

29

-40.8%

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

46

51

51

34

-26.1%

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

73

85

89

83

13.7%

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

46

38

48

50

8.7%

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

1.5

1.5

2.2

2.9

92.1%

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

63.0%

60.0%

57.3%

41.0%

-35.0%

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

$588,077

$649,000

$648,333

$647,385

10.1%

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

current market snapshot JAN

$630

FEB

$650,000

MAR APR

MEDIAN SALES PRICE

MAY

$438

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Encino DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$938,000

$1,099,000

$1,024,000

$1,001,000

6.7%

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

$403

$492

$466

$454

12.7%

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

32

41

41

26

-18.8%

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

29

40

56

40

37.9%

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

80

112

106

98

22.5%

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

74

61

57

66

-10.8%

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

2.5

2.7

2.6

3.8

50.8%

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

36.2%

35.7%

52.8%

40.8%

12.6%

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

$899,923

$1,076,833

$1,080,333

$1,066,846

18.5%

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

current market snapshot JAN

$938

FEB

$1,001,000

MAR APR

MEDIAN SALES PRICE

MAY

$454

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.001 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Glendale DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$760,000

$725,000

$725,000

$701,000

-7.8%

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

$354

$406

$414

$408

15.3%

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

40

64

56

36

-10.0%

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

40

61

73

48

20.0%

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

91

121

134

86

-5.5%

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

53

46

45

48

-9.4%

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

2.3

1.9

2.4

2.4

5.0%

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

44.0%

50.4%

54.5%

55.8%

27.0%

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

$678,462

$739,833

$731,000

$732,308

7.9%

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

current market snapshot JAN

$760

FEB

$701,000

MAR APR

MEDIAN SALES PRICE

MAY

$408

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$701 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


La Crescenta DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$610,000

$759,000

$680,000

$650,000

6.6%

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

$408

$406

$412

$412

1.0%

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

15

19

25

10

-33.3%

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

13

30

23

9

-30.8%

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

24

48

32

12

-50.0%

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

57

47

61

60

5.3%

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

1.6

2.5

1.3

1.2

-25.0%

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

54.2%

62.5%

71.9%

75.0%

38.5%

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

$629,846

$709,833

$703,667

$709,769

12.7%

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

current market snapshot JAN

$610

FEB

$650,000

MAR APR

MEDIAN SALES PRICE

MAY

$412

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


North Hollywood DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$393,000

$470,000

$450,000

$440,000

12.0%

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

$304

$323

$316

$338

11.2%

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

26

30

27

33

26.9%

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

46

36

45

41

-10.9%

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

71

83

85

59

-16.9%

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

50

40

62

70

40.0%

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

2.7

2.8

3.1

1.8

-34.5%

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

64.8%

43.4%

52.9%

69.5%

7.3%

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

$387,769

$452,000

$448,333

$443,308

14.3%

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

current market snapshot JAN

$393

FEB

$440,000

MAR APR

MEDIAN SALES PRICE

MAY

$338

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$440 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Shadow Hills DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,025,000

$873,000

$595,000

$0

-100.0%

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

$259

$282

$293

$0

-100.0%

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

3

4

2

0

-100.0%

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

1

3

3

0

-100.0%

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

4

13

15

11

175.0%

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

79

41

165

0

-100.0%

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

1.3

3.2

7.5

0

0%

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

25.0%

23.1%

20.0%

0.0%

-100.0%

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

$670,385

$809,800

$1,009,500

$802,917

19.8%

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

current market snapshot JAN

$1.025

FEB

No sales

MAR APR

MEDIAN SALES PRICE

MAY

No sales

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

No sales MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : January 2015

telesproperties.com


Sherman Oaks DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,033,000

$957,000

$833,000

$927,000

-10.3%

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

$431

$467

$443

$440

2.1%

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

40

56

62

34

-15.0%

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

50

71

68

39

-22.0%

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

101

168

148

115

13.9%

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

97

45

49

64

-34.0%

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

2.5

3

2.4

3.4

34.0%

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

49.5%

42.3%

45.9%

33.9%

-31.5%

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

$808,846

$877,500

$892,333

$908,308

12.3%

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

current market snapshot JAN

$1.033

FEB

$927,000

MAR APR

MEDIAN SALES PRICE

MAY

$440

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$927 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Studio City DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,122,000

$1,245,000

$1,160,000

$1,275,000

13.6%

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

$481

$545

$512

$532

10.6%

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

21

36

39

12

-42.9%

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

26

35

33

27

3.8%

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

67

91

74

57

-14.9%

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

57

57

84

65

14.0%

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

3.2

2.5

1.9

4.8

48.9%

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

38.8%

38.5%

44.6%

47.4%

22.1%

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

$977,538

$1,126,333

$1,124,333

$1,155,000

18.2%

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

current market snapshot JAN

$1.122

FEB

$1,275,000

MAR APR

MEDIAN SALES PRICE

MAY

$532

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.275 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Sun Valley DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$350,000

$380,000

$380,000

$425,000

21.4%

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

$257

$273

$324

$322

25.3%

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

12

20

19

15

25.0%

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

13

13

22

21

61.5%

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

25

35

44

44

76.0%

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

87

40

57

70

-19.5%

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

2.1

1.8

2.3

2.9

40.8%

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

52.0%

37.1%

50.0%

47.7%

-8.2%

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

$387,923

$413,500

$426,000

$397,231

2.4%

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

current market snapshot JAN

$350

FEB

$425,000

MAR APR

MEDIAN SALES PRICE

MAY

$322

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$425 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Sunland/Tujunga DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$426,000

$445,000

$485,000

$515,000

20.9%

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

$294

$322

$310

$335

13.9%

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

38

35

39

19

-50.0%

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

33

39

46

29

-12.1%

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

47

91

77

64

36.2%

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

71

55

55

69

-2.8%

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

1.2

2.6

2

3.4

172.3%

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

70.2%

42.9%

59.7%

45.3%

-35.5%

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

$395,077

$492,833

$492,333

$463,308

17.3%

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

current market snapshot JAN

$426

FEB

$515,000

MAR APR

MEDIAN SALES PRICE

MAY

$335

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$515 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Tarzana DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$833,000

$985,000

$890,000

$915,000

9.8%

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

$334

$348

$361

$399

19.5%

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

20

26

22

19

-5.0%

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

23

22

26

20

-13.0%

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

71

108

103

70

-1.4%

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

70

59

73

75

7.1%

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

3.6

4.2

4.7

3.7

3.8%

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

32.4%

20.4%

25.2%

28.6%

-11.8%

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

$798,308

$860,667

$861,667

$869,308

8.9%

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

current market snapshot JAN

$833

FEB

$915,000

MAR APR

MEDIAN SALES PRICE

MAY

$399

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$915 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Toluca Lake DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,148,000

$1,158,000

$995,000

$1,275,000

11.1%

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

$465

$495

$457

$684

47.1%

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

6

4

7

3

-50.0%

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

4

8

9

6

50.0%

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

15

25

20

17

13.3%

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

87

54

85

113

29.9%

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

2.5

6.2

2.9

5.7

126.7%

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

26.7%

32.0%

45.0%

35.3%

32.4%

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

$1,112,692

$936,000

$969,667

$1,100,462

-1.1%

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

current market snapshot JAN

$1.148

FEB

$1,275,000

MAR APR

MEDIAN SALES PRICE

MAY

$684

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.275 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Valley Village DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$751,000

$778,000

$935,000

$778,000

3.6%

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

$364

$435

$424

$406

11.5%

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

12

12

10

10

-16.7%

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

9

12

18

16

77.8%

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

19

27

28

10

-47.4%

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

73

77

70

39

-46.6%

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

1.6

2.2

2.8

1

-36.8%

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

47.4%

44.4%

64.3%

160.0%

237.8%

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

$725,077

$800,833

$741,000

$767,308

5.8%

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

current market snapshot JAN

$751

FEB

$778,000

MAR APR

MEDIAN SALES PRICE

MAY

$406

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$778 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Woodland Hills DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$670,000

$685,000

$661,000

$705,000

5.2%

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

$311

$333

$325

$290

-6.8%

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

32

57

62

28

-12.5%

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

47

58

53

68

44.7%

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

123

195

200

166

35.0%

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

61

65

49

95

55.7%

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

3.8

3.4

3.2

5.9

54.2%

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

38.2%

29.7%

26.5%

41.0%

7.2%

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

$633,231

$707,500

$713,333

$689,231

8.8%

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

current market snapshot JAN

$670

FEB

$705,000

MAR APR

MEDIAN SALES PRICE

MAY

$290

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$705 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


San Gabriel Valley Macro Market DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$927,000

$963,000

$982,727

$941,636

1.6%

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

$471

$527

$503

$500

6.1%

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

207

316

278

199

-3.9%

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

218

326

286

221

1.4%

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

447

734

738

586

31.1%

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

60

42

51

68

13.7%

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

2.2

2.3

2.7

2.9

36.4%

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

48.8%

44.4%

38.8%

37.7%

-22.7%

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

$845,783

$979,314

$997,718

$965,222

14.1%

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

current market snapshot JAN

$927

FEB

$941,636

MAR APR

MEDIAN SALES PRICE

MAY

$500

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$941 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Altadena DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$507,000

$570,000

$670,000

$615,000

21.3%

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

$388

$394

$443

$400

3.1%

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

28

29

39

35

25.0%

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

22

34

39

24

9.1%

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

47

74

85

45

-4.3%

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

60

36

51

59

-1.7%

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

1.7

2.6

2.2

1.3

-23.4%

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

46.8%

45.9%

45.9%

53.3%

13.9%

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

$562,615

$617,167

$601,000

$593,077

5.4%

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

current market snapshot JAN

$507

FEB

$615,000

MAR APR

MEDIAN SALES PRICE

MAY

$400

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$615 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Arcadia DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,780,000

$1,425,000

$1,470,000

$1,350,000

-24.2%

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

$589

$682

$601

$561

-4.8%

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

25

39

48

30

20.0%

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

37

38

42

38

2.7%

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

81

169

182

169

108.6%

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

75

46

56

64

-14.7%

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

3.2

4.3

3.8

5.6

73.9%

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

45.7%

22.5%

23.1%

22.5%

-50.8%

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

$1,252,000

$1,356,667

$1,386,667

$1,414,846

13.0%

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

current market snapshot $1.780

JAN FEB

$1,350,000

MAR APR

MEDIAN SALES PRICE

MAY

$561

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.350 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Duarte DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$330,000

$425,000

$479,000

$440,000

33.3%

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

$301

$308

$333

$356

18.3%

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

12

15

12

9

-25.0%

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

20

18

13

17

-15.0%

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

19

23

32

23

21.1%

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

34

33

46

73

114.7%

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

1.6

1.5

2.7

2.6

61.4%

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

105.3%

78.3%

40.6%

73.9%

-29.8%

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

$371,385

$443,333

$444,333

$428,462

15.4%

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

current market snapshot JAN

$330

FEB

$440,000

MAR APR

MEDIAN SALES PRICE

MAY

$356

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$440 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Eagle Rock DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$561,000

$730,000

$650,000

$453,000

-19.3%

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

$446

$494

$392

$460

3.1%

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

5

8

9

2

-60.0%

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

9

4

5

3

-66.7%

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

11

16

12

12

9.1%

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

35

26

49

81

131.4%

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

2.2

2

1.3

6

172.7%

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

81.8%

25.0%

41.7%

25.0%

-69.4%

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

$540,462

$565,200

$509,000

$613,417

13.5%

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

current market snapshot $561

JAN FEB

$453,000

MAR APR

MEDIAN SALES PRICE

MAY

$460

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$453 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


La Canada Flintridge DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$1,483,000

$1,260,000

$1,694,000

$1,490,000

0.5%

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

$533

$532

$591

$555

4.1%

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

16

39

18

9

-43.8%

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

13

32

25

13

0.0%

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

28

46

39

32

14.3%

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

60

34

78

100

66.7%

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

1.8

1.2

2.2

3.6

103.2%

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

46.4%

69.6%

64.1%

40.6%

-12.5%

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

$1,261,615

$1,412,167

$1,401,333

$1,375,769

9.0%

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

current market snapshot JAN

$1.483

FEB

$1,490,000

MAR APR

MEDIAN SALES PRICE

MAY

$555

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.490 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Monrovia DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$456,000

$610,000

$578,000

$534,000

17.1%

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

$374

$399

$396

$391

4.5%

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

19

34

28

22

15.8%

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

18

32

20

18

0.0%

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

39

66

64

52

33.3%

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

65

51

56

66

1.5%

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

2.1

1.9

2.3

2.4

15.2%

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

46.2%

48.5%

31.2%

34.6%

-25.0%

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

$521,692

$602,167

$579,333

$586,231

12.4%

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

current market snapshot JAN

$456

FEB

$534,000

MAR APR

MEDIAN SALES PRICE

MAY

$391

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$534 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Pasadena DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$625,000

$773,000

$740,000

$695,000

11.2%

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

$436

$512

$474

$497

14.0%

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

53

106

61

58

9.4%

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

52

110

83

66

26.9%

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

136

185

202

157

15.4%

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

66

41

44

69

4.5%

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

2.6

1.7

3.3

2.7

5.5%

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

38.2%

59.5%

41.1%

42.0%

9.9%

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

$670,846

$743,167

$728,333

$737,000

9.9%

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

current market snapshot JAN

$625

FEB

$695,000

MAR APR

MEDIAN SALES PRICE

MAY

$497

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$695 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


San Gabriel DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$625,000

$737,000

$697,000

$828,000

32.5%

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

$395

$437

$422

$420

6.3%

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

21

15

24

13

-38.1%

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

20

20

29

17

-15.0%

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

42

83

57

47

11.9%

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

62

31

61

66

6.5%

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

2

5.5

2.4

3.6

80.8%

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

47.6%

24.1%

50.9%

36.2%

-24.0%

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

$596,462

$711,667

$732,667

$691,692

16.0%

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

current market snapshot JAN

$625

FEB

$828,000

MAR APR

MEDIAN SALES PRICE

MAY

$420

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

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

Micro Market Report : January 2015

telesproperties.com


San Marino DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$2,060,000

$2,059,000

$1,894,000

$1,875,000

-9.0%

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

$788

$985

$833

$856

8.6%

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

8

9

10

4

-50.0%

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

5

12

10

10

100.0%

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

10

27

21

21

110.0%

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

41

36

38

26

-36.6%

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

1.2

3

2.1

5.2

320.0%

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

50.0%

44.4%

47.6%

47.6%

-4.8%

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

$1,811,154

$2,179,833

$2,220,000

$2,175,846

20.1%

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

current market snapshot JAN

$2.060

FEB

$1,875,000

MAR APR

MEDIAN SALES PRICE

MAY

$856

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Sierra Madre DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$987,000

$745,000

$906,000

$938,000

-5.0%

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

$398

$404

$464

$482

21.1%

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

9

10

11

13

44.4%

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

7

18

11

7

0.0%

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

17

21

23

17

0.0%

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

92

101

35

44

-52.2%

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

1.9

2.1

2.1

1.3

-30.8%

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

41.2%

85.7%

47.8%

41.2%

0.0%

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

$791,615

$901,333

$903,667

$875,077

10.5%

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

current market snapshot JAN

$987

FEB

$938,000

MAR APR

MEDIAN SALES PRICE

MAY

$482

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$938 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


South Pasadena DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$783,000

$1,259,000

$1,032,000

$1,140,000

45.6%

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

$532

$649

$585

$520

-2.3%

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

11

12

18

4

-63.6%

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

15

8

9

8

-46.7%

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

17

24

21

11

-35.3%

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

65

29

51

97

49.2%

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

1.5

2

1.2

2.8

77.9%

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

88.2%

33.3%

42.9%

72.7%

-17.6%

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

$929,231

$1,165,333

$1,301,000

$1,095,385

17.9%

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

current market snapshot JAN

$783

FEB

$1,140,000

MAR APR

MEDIAN SALES PRICE

MAY

$520

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

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

Micro Market Report : January 2015

telesproperties.com



Orange County

Orange County Macro

Ladera Ranch

San Juan Capistrano

Aliso Viejo

Laguna Beach

Shady Canyon

Balboa Peninsula

Laguna Hills

Turtle Ridge

Corona del Mar - Spyglass

Laguna Niguel

Turtle Rock

Coto de Caza

Laguna Woods

West Bay - Santa Ana Heights

Crystal Cove

Lower Newport Bay - Balboa Island

West Newport - Lido

Dana Point

Mission Viejo

Westminster

East Bluff - Harbor View

Newport Beach

East Costa Mesa

Newport Coast

Fountain Valley

Newport Heights

Huntington Beach

Rancho Santa Margarita

Irvine

San Clemente

Micro Market Report : January 2015

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : January 2015

telesproperties.com


Orange County DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$635,700

$675,000

$680,000

$650,000

2.2%

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

$369

$408

$404

$400

8.4%

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

1041

1639

1485

994

-4.5%

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

1254

1721

1564

1426

13.7%

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

5,946

7,990

7,292

5,684

-4.4%

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

79

55

64

67

-15.2%

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

5.7

4.9

4.9

5.7

0.1%

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

21.1%

21.5%

21.4%

25.1%

19.0%

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

$626,000

$672,699

$665,397

$669,026

6.9%

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

current market snapshot JAN

$635

FEB

$650,000

MAR APR

MEDIAN SALES PRICE

MAY

$400

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Aliso Viejo DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$767,500

$736,000

$725,000

$655,000

-14.7%

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

$330

$357

$362

$351

6.4%

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

16

16

21

9

-43.8%

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

14

16

19

20

42.9%

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

66

78

76

54

-18.2%

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

85

55

44

93

9.4%

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

4.1

4.9

3.6

6

45.5%

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

21.2%

20.5%

25.0%

37.0%

74.6%

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

$685,000

$713,417

$686,000

$719,769

5.1%

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

current market snapshot $767

JAN FEB

$655,000

MAR APR

MEDIAN SALES PRICE

MAY

$351

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$655 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Balboa Peninsula DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$3,550,000

$1,800,000

$5,875,000

$1,910,000

-46.2%

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

$1,012

$1,225

$1,497

$1,184

17.0%

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

1

7

4

4

300.0%

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

2

11

9

5

150.0%

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

36

46

41

30

-16.7%

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

106

150

112

183

72.6%

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

36

6.6

10.2

7.5

-79.2%

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

5.6%

23.9%

22.0%

16.7%

200.0%

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

$2,511,000

$2,689,583

$2,065,000

$2,875,500

14.5%

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

current market snapshot $3.550

JAN FEB

$1,910,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,184

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.910 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Corona del Mar - Spyglass DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$2,323,750

$1,810,000

$1,827,500

$2,012,500

-13.4%

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

$1,023

$796

$786

$941

-8.0%

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

6

13

8

6

0.0%

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

12

11

10

5

-58.3%

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

58

76

82

66

13.8%

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

94

54

53

92

-2.1%

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

9.7

5.8

10.2

11

13.8%

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

20.7%

14.5%

12.2%

7.6%

-63.4%

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

$2,311,000

$2,115,417

$2,290,833

$2,249,442

-2.7%

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

current market snapshot JAN

$2.323

FEB

$2,012,500

MAR APR

MEDIAN SALES PRICE

MAY

$941

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

11 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.012 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Coto de Caza DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$900,000

$1,120,000

$1,022,500

$1,461,000

62.3%

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

$312

$316

$325

$373

19.6%

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

13

17

30

15

15.4%

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

19

23

14

18

-5.3%

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

112

149

132

100

-10.7%

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

134

76

94

90

-32.8%

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

8.6

8.8

4.4

6.7

-22.6%

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

17.0%

15.4%

10.6%

18.0%

6.1%

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

$1,040,000

$1,247,250

$1,410,333

$1,188,154

14.2%

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

current market snapshot JAN

$900

FEB

$1,461,000

MAR APR

MEDIAN SALES PRICE

MAY

$373

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.461 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Crystal Cove DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

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

$5,259,000

$5,325,000

$5,999,500

$0

-100.0%

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

$1,119

$1,072

$1,049

$0

-100.0%

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

1

3

2

0

-100.0%

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

3

2

4

1

-66.7%

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

17

22

23

17

0.0%

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

72

60

45

24

-66.7%

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

17

7.3

11.5

0

0%

Percent Under Contract ........................................

17.6%

9.1%

17.4%

5.9%

-66.7%

Average Median Price for Last 12 Months ........

$4,852,000

$5,539,900

$4,725,000

$5,060,208

4.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$5.259

FEB

No sales

MAR APR

MEDIAN SALES PRICE

MAY

No sales

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

No sales MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Dana Point DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$775,000

$899,900

$948,750

$1,083,000

39.7%

Average Price per Square Foot ...........................

$417

$527

$572

$558

33.8%

Properties Sold .......................................................

17

33

34

12

-29.4%

Properties Pending Sale .......................................

25

32

23

26

4.0%

Properties For Sale ................................................

147

210

172

153

4.1%

Days on Market (Pending Sale) ...........................

78

93

66

61

-21.8%

Month’s Supply of Inventory ................................

8.6

6.4

5.1

12.8

47.4%

Percent Under Contract ........................................

17.0%

15.2%

13.4%

17.0%

-0.1%

Average Median Price for Last 12 Months ........

$874,000

$951,740

$990,979

$909,561

4.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$775

FEB

$1,083,000

MAR APR

MEDIAN SALES PRICE

MAY

$558

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

12.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.083 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


East Bluff - Harbor View DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,619,000

$1,774,000

$2,030,000

$1,814,000

12.0%

Average Price per Square Foot ...........................

$538

$717

$654

$725

34.8%

Properties Sold .......................................................

9

24

15

13

44.4%

Properties Pending Sale .......................................

20

17

19

18

-10.0%

Properties For Sale ................................................

67

122

108

88

31.3%

Days on Market (Pending Sale) ...........................

57

76

83

59

3.5%

Month’s Supply of Inventory ................................

7.4

5.1

7.2

6.8

-9.1%

Percent Under Contract ........................................

29.9%

13.9%

17.6%

20.5%

-31.5%

Average Median Price for Last 12 Months ........

$1,624,000

$1,724,250

$1,723,833

$1,717,538

5.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.619

FEB

$1,814,000

MAR APR

MEDIAN SALES PRICE

MAY

$725

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.814 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


East Costa Mesa DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$845,000

$917,500

$850,000

$1,055,000

24.9%

Average Price per Square Foot ...........................

$485

$495

$484

$517

6.6%

Properties Sold .......................................................

8

15

14

7

-12.5%

Properties Pending Sale .......................................

15

12

23

24

60.0%

Properties For Sale ................................................

55

84

77

53

-3.6%

Days on Market (Pending Sale) ...........................

54

32

77

63

16.7%

Month’s Supply of Inventory ................................

6.9

5.6

5.5

7.6

10.1%

Percent Under Contract ........................................

27.3%

14.3%

29.9%

45.3%

66.0%

Average Median Price for Last 12 Months ........

$839,000

$910,000

$965,000

$885,130

5.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$845

FEB

$1,055,000

MAR APR

MEDIAN SALES PRICE

MAY

$517

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.055 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Fountain Valley DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$650,000

$685,000

$698,500

$667,500

2.7%

Average Price per Square Foot ...........................

$341

$341

$325

$346

1.5%

Properties Sold .......................................................

23

30

32

16

-30.4%

Properties Pending Sale .......................................

19

36

21

20

5.3%

Properties For Sale ................................................

67

99

58

52

-22.4%

Days on Market (Pending Sale) ...........................

47

61

45

35

-25.5%

Month’s Supply of Inventory ................................

2.9

3.3

1.8

3.2

11.6%

Percent Under Contract ........................................

28.4%

36.4%

36.2%

38.5%

35.6%

Average Median Price for Last 12 Months ........

$635,000

$680,583

$675,833

$673,692

6.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$650

FEB

$667,500

MAR APR

MEDIAN SALES PRICE

MAY

$346

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$667 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Huntington Beach DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$683,000

$750,000

$790,000

$755,000

10.5%

Average Price per Square Foot ...........................

$433

$431

$437

$413

-4.6%

Properties Sold .......................................................

56

93

94

64

14.3%

Properties Pending Sale .......................................

78

118

95

90

15.4%

Properties For Sale ................................................

312

484

382

293

-6.1%

Days on Market (Pending Sale) ...........................

50

56

57

65

30.0%

Month’s Supply of Inventory ................................

5.6

5.2

4.1

4.6

-17.8%

Percent Under Contract ........................................

25.0%

24.4%

24.9%

30.7%

22.9%

Average Median Price for Last 12 Months ........

$702,000

$756,583

$759,833

$746,912

6.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$683

FEB

$755,000

MAR APR

MEDIAN SALES PRICE

MAY

$413

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$755 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Irvine DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$848,500

$880,000

$915,673

$935,694

10.3%

Average Price per Square Foot ...........................

$427

$459

$470

$442

3.5%

Properties Sold .......................................................

56

85

94

64

14.3%

Properties Pending Sale .......................................

83

109

96

81

-2.4%

Properties For Sale ................................................

299

506

413

284

-5.0%

Days on Market (Pending Sale) ...........................

57

54

80

78

36.8%

Month’s Supply of Inventory ................................

5.3

6

4.4

4.4

-16.9%

Percent Under Contract ........................................

27.8%

21.5%

23.2%

28.5%

2.7%

Average Median Price for Last 12 Months ........

$880,000

$931,028

$938,565

$915,859

4.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$848

FEB

$935,694

MAR APR

MEDIAN SALES PRICE

MAY

$442

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$935 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Ladera Ranch DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$915,000

$880,000

$850,000

$810,000

-11.5%

Average Price per Square Foot ...........................

$326

$333

$314

$331

1.5%

Properties Sold .......................................................

21

32

19

13

-38.1%

Properties Pending Sale .......................................

27

35

17

28

3.7%

Properties For Sale ................................................

88

166

127

105

19.3%

Days on Market (Pending Sale) ...........................

83

72

92

65

-21.7%

Month’s Supply of Inventory ................................

4.2

5.2

6.7

8.1

92.7%

Percent Under Contract ........................................

30.7%

21.1%

13.4%

26.7%

-13.1%

Average Median Price for Last 12 Months ........

$825,000

$841,442

$756,550

$845,005

2.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$915

FEB

$810,000

MAR APR

MEDIAN SALES PRICE

MAY

$331

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$810 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Laguna Beach DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,722,500

$2,150,000

$1,820,000

$1,862,000

8.1%

Average Price per Square Foot ...........................

$993

$918

$1,187

$1,062

6.9%

Properties Sold .......................................................

12

35

33

21

75.0%

Properties Pending Sale .......................................

30

36

31

23

-23.3%

Properties For Sale ................................................

216

275

261

200

-7.4%

Days on Market (Pending Sale) ...........................

109

97

84

77

-29.4%

Month’s Supply of Inventory ................................

18

7.9

7.9

9.5

-47.1%

Percent Under Contract ........................................

13.9%

13.1%

11.9%

11.5%

-17.2%

Average Median Price for Last 12 Months ........

$1,642,000

$1,880,333

$1,779,000

$1,959,731

19.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.722

FEB

$1,862,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,062

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.862 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Laguna Niguel DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$790,000

$830,000

$788,500

$783,500

-0.8%

Average Price per Square Foot ...........................

$385

$385

$396

$380

-1.3%

Properties Sold .......................................................

31

49

48

46

48.4%

Properties Pending Sale .......................................

40

54

54

49

22.5%

Properties For Sale ................................................

202

353

316

234

15.8%

Days on Market (Pending Sale) ...........................

62

60

84

87

40.3%

Month’s Supply of Inventory ................................

6.5

7.2

6.6

5.1

-21.9%

Percent Under Contract ........................................

19.8%

15.3%

17.1%

20.9%

5.7%

Average Median Price for Last 12 Months ........

$769,000

$807,833

$815,333

$802,919

4.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$790

FEB

$783,500

MAR APR

MEDIAN SALES PRICE

MAY

$380

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$783 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Laguna Hills DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$632,500

$728,000

$630,000

$725,000

14.6%

Average Price per Square Foot ...........................

$333

$337

$345

$311

-6.6%

Properties Sold .......................................................

10

29

17

17

70.0%

Properties Pending Sale .......................................

16

23

21

21

31.2%

Properties For Sale ................................................

67

104

103

64

-4.5%

Days on Market (Pending Sale) ...........................

64

72

62

74

15.6%

Month’s Supply of Inventory ................................

6.7

3.6

6.1

3.8

-43.8%

Percent Under Contract ........................................

23.9%

22.1%

20.4%

32.8%

37.4%

Average Median Price for Last 12 Months ........

$696,000

$782,208

$765,250

$737,358

5.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$632

FEB

$725,000

MAR APR

MEDIAN SALES PRICE

MAY

$311

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Laguna Woods DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$483,000

$0

$0

$0

-100.0%

Average Price per Square Foot ...........................

$287

$0

$0

$0

-100.0%

Properties Sold .......................................................

1

0

0

0

-100.0%

Properties Pending Sale .......................................

0

0

0

0

0%

Properties For Sale ................................................

0

0

0

0

0%

Days on Market (Pending Sale) ...........................

0

0

0

0

0%

Month’s Supply of Inventory ................................

0

0

0

0

0%

Percent Under Contract ........................................

0%

0%

0%

0%

0%

Average Median Price for Last 12 Months ........

$600,000

$0

$0

$627,500

4.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$483

FEB

No sales

MAR APR

MEDIAN SALES PRICE

MAY

No sales

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

No sales MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$2,800,000

$2,975,000

$4,650,000

$4,850,000

73.2%

Average Price per Square Foot ...........................

$1,090

$1,122

$1,352

$1,077

-1.2%

Properties Sold .......................................................

3

3

4

1

-66.7%

Properties Pending Sale .......................................

4

2

3

5

25.0%

Properties For Sale ................................................

36

48

37

30

-16.7%

Days on Market (Pending Sale) ...........................

68

78

171

121

77.9%

Month’s Supply of Inventory ................................

12

16

9.2

30

150.0%

Percent Under Contract ........................................

11.1%

4.2%

8.1%

16.7%

50.0%

Average Median Price for Last 12 Months ........

$2,485,000

$3,343,750

$2,962,500

$3,254,046

30.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$2.800

FEB

$4,850,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,077

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

30 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$4.850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Mission Viejo DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$599,500

$630,000

$649,900

$642,000

7.1%

Average Price per Square Foot ...........................

$310

$332

$321

$320

3.2%

Properties Sold .......................................................

62

83

59

51

-17.7%

Properties Pending Sale .......................................

72

102

73

61

-15.3%

Properties For Sale ................................................

221

350

325

220

-0.5%

Days on Market (Pending Sale) ...........................

61

48

61

64

4.9%

Month’s Supply of Inventory ................................

3.6

4.2

5.5

4.3

21.0%

Percent Under Contract ........................................

32.6%

29.1%

22.5%

27.7%

-14.9%

Average Median Price for Last 12 Months ........

$605,000

$631,567

$626,500

$631,492

4.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$599

FEB

$642,000

MAR APR

MEDIAN SALES PRICE

MAY

$320

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$642 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Newport Beach DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,965,000

$1,775,000

$2,055,000

$1,749,000

-11.0%

Average Price per Square Foot ...........................

$698

$811

$795

$795

13.9%

Properties Sold .......................................................

25

64

39

33

32.0%

Properties Pending Sale .......................................

43

54

51

54

25.6%

Properties For Sale ................................................

241

370

337

280

16.2%

Days on Market (Pending Sale) ...........................

73

88

86

86

17.8%

Month’s Supply of Inventory ................................

9.6

5.8

8.6

8.5

-12.0%

Percent Under Contract ........................................

17.8%

14.6%

15.1%

19.3%

8.1%

Average Median Price for Last 12 Months ........

$1,705,000

$1,828,167

$1,713,000

$1,823,115

6.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.965

FEB

$1,749,000

MAR APR

MEDIAN SALES PRICE

MAY

$795

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.749 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Newport Coast DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$4,215,000

$3,012,500

$2,500,000

$3,500,000

-17.0%

Average Price per Square Foot ...........................

$861

$908

$873

$762

-11.5%

Properties Sold .......................................................

10

14

9

7

-30.0%

Properties Pending Sale .......................................

11

10

13

9

-18.2%

Properties For Sale ................................................

67

104

92

75

11.9%

Days on Market (Pending Sale) ...........................

70

74

99

185

164.3%

Month’s Supply of Inventory ................................

6.7

7.4

10.2

10.7

59.9%

Percent Under Contract ........................................

16.4%

9.6%

14.1%

12.0%

-26.9%

Average Median Price for Last 12 Months ........

$2,907,000

$3,371,971

$3,630,642

$3,292,390

13.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$4.215

FEB

$3,500,000

MAR APR

MEDIAN SALES PRICE

MAY

$762

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Newport Heights DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$2,016,500

$2,069,450

$2,130,638

$1,077,000

-46.6%

Average Price per Square Foot ...........................

$568

$654

$597

$582

2.5%

Properties Sold .......................................................

2

5

4

6

200.0%

Properties Pending Sale .......................................

2

4

7

5

150.0%

Properties For Sale ................................................

22

38

39

28

27.3%

Days on Market (Pending Sale) ...........................

118

23

72

92

-22.0%

Month’s Supply of Inventory ................................

11

7.6

9.8

4.7

-57.6%

Percent Under Contract ........................................

9.1%

10.5%

17.9%

17.9%

96.4%

Average Median Price for Last 12 Months ........

$1,613,000

$1,716,523

$1,346,500

$1,824,343

13.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $2.016

JAN FEB

$1,077,000

MAR APR

MEDIAN SALES PRICE

MAY

$582

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.077 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Rancho Santa Margarita DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$635,000

$649,888

$660,000

$684,500

7.8%

Average Price per Square Foot ...........................

$297

$333

$312

$302

1.7%

Properties Sold .......................................................

27

49

31

26

-3.7%

Properties Pending Sale .......................................

43

43

43

39

-9.3%

Properties For Sale ................................................

112

191

189

131

17.0%

Days on Market (Pending Sale) ...........................

47

61

74

72

53.2%

Month’s Supply of Inventory ................................

4.1

3.9

6.1

5

21.5%

Percent Under Contract ........................................

38.4%

22.5%

22.8%

29.8%

-22.5%

Average Median Price for Last 12 Months ........

$623,000

$652,742

$652,150

$652,449

4.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$635

FEB

$684,500

MAR APR

MEDIAN SALES PRICE

MAY

$302

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$684 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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San Clemente DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$768,000

$855,000

$853,000

$845,000

10.0%

Average Price per Square Foot ...........................

$326

$384

$371

$385

18.1%

Properties Sold .......................................................

41

65

63

42

2.4%

Properties Pending Sale .......................................

50

64

61

60

20.0%

Properties For Sale ................................................

231

361

327

241

4.3%

Days on Market (Pending Sale) ...........................

53

50

77

75

41.5%

Month’s Supply of Inventory ................................

5.6

5.6

5.2

5.7

1.8%

Percent Under Contract ........................................

21.6%

17.7%

18.7%

24.9%

15.0%

Average Median Price for Last 12 Months ........

$801,000

$842,583

$845,833

$827,615

3.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$768

FEB

$845,000

MAR APR

MEDIAN SALES PRICE

MAY

$385

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$845 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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San Juan Capistrano DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$756,000

$680,000

$720,000

$637,500

-15.7%

Average Price per Square Foot ...........................

$329

$356

$356

$371

12.8%

Properties Sold .......................................................

26

25

21

10

-61.5%

Properties Pending Sale .......................................

24

32

25

24

0.0%

Properties For Sale ................................................

124

153

159

128

3.2%

Days on Market (Pending Sale) ...........................

94

87

107

86

-8.5%

Month’s Supply of Inventory ................................

4.8

6.1

7.6

12.8

168.4%

Percent Under Contract ........................................

19.4%

20.9%

15.7%

18.8%

-3.1%

Average Median Price for Last 12 Months ........

$766,000

$774,565

$821,000

$825,645

7.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$756

FEB

$637,500

MAR APR

MEDIAN SALES PRICE

MAY

$371

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

12.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$637 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Shady Canyon DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$0

$0

$3,650,000

$0

0%

Average Price per Square Foot ...........................

$0

$0

$757

$0

0%

Properties Sold .......................................................

0

0

1

0

0%

Properties Pending Sale .......................................

0

0

0

0

0%

Properties For Sale ................................................

8

3

3

2

-75.0%

Days on Market (Pending Sale) ...........................

0

0

0

0

0%

Month’s Supply of Inventory ................................

0

0

3

0

0%

Percent Under Contract ........................................

0.0%

0.0%

0.0%

0.0%

0%

Average Median Price for Last 12 Months ........

$5,696,000

$3,650,000

$0

$4,292,250

-24.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN FEB

No sales

MAR APR

MEDIAN SALES PRICE

MAY

No sales

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

No sales MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Turtle Ridge DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$2,282,596

$2,450,000

$2,239,000

$2,230,000

-2.3%

Average Price per Square Foot ...........................

$642

$681

$657

$660

2.8%

Properties Sold .......................................................

3

1

3

4

33.3%

Properties Pending Sale .......................................

2

7

2

4

100.0%

Properties For Sale ................................................

26

32

30

20

-23.1%

Days on Market (Pending Sale) ...........................

102

125

40

144

41.2%

Month’s Supply of Inventory ................................

8.7

32

10

5

-42.3%

Percent Under Contract ........................................

7.7%

21.9%

6.7%

20.0%

160.0%

Average Median Price for Last 12 Months ........

$2,256,000

$2,312,741

$2,166,481

$2,417,495

7.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$2.282

FEB

$2,230,000

MAR APR

MEDIAN SALES PRICE

MAY

$660

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.230 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Turtle Rock DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,600,888

$0

$1,200,000

$0

-100.0%

Average Price per Square Foot ...........................

$552

$0

$590

$0

-100.0%

Properties Sold .......................................................

1

0

1

0

-100.0%

Properties Pending Sale .......................................

0

0

2

2

0%

Properties For Sale ................................................

5

3

8

7

40.0%

Days on Market (Pending Sale) ...........................

0

0

40

24

0%

Month’s Supply of Inventory ................................

5

0

8

0

0%

Percent Under Contract ........................................

0.0%

0.0%

25.0%

28.6%

0%

Average Median Price for Last 12 Months ........

$1,539,000

$1,175,000

$1,162,500

$1,303,178

-15.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.600

FEB

No sales

MAR APR

MEDIAN SALES PRICE

MAY

No sales

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

No sales MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Westminster DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$497,000

$530,000

$543,000

$536,000

7.8%

Average Price per Square Foot ...........................

$347

$315

$327

$321

-7.5%

Properties Sold .......................................................

19

44

29

24

26.3%

Properties Pending Sale .......................................

31

41

36

30

-3.2%

Properties For Sale ................................................

107

137

115

98

-8.4%

Days on Market (Pending Sale) ...........................

37

53

40

43

16.2%

Month’s Supply of Inventory ................................

5.6

3.1

4

4.1

-27.5%

Percent Under Contract ........................................

29.0%

29.9%

31.3%

30.6%

5.7%

Average Median Price for Last 12 Months ........

$489,000

$540,900

$544,633

$530,988

8.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$497

FEB

$536,000

MAR APR

MEDIAN SALES PRICE

MAY

$321

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$536 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


West Bay - Santa Ana Heights DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,850,000

$1,385,000

$1,487,500

$1,499,500

-18.9%

Average Price per Square Foot ...........................

$516

$632

$564

$667

29.3%

Properties Sold .......................................................

4

14

12

4

0.0%

Properties Pending Sale .......................................

6

13

10

9

50.0%

Properties For Sale ................................................

40

65

63

61

52.5%

Days on Market (Pending Sale) ...........................

102

82

45

88

-13.7%

Month’s Supply of Inventory ................................

10

4.6

5.2

15.2

52.5%

Percent Under Contract ........................................

15.0%

20.0%

15.9%

14.8%

-1.6%

Average Median Price for Last 12 Months ........

$1,396,000

$1,477,258

$1,437,599

$1,504,388

7.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.850

JAN FEB

$1,499,500

MAR APR

MEDIAN SALES PRICE

MAY

$667

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

15.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.499 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


West Newport - Lido DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,590,000

$1,925,000

$0

$2,300,000

44.7%

Average Price per Square Foot ...........................

$991

$1,013

$0

$962

-2.9%

Properties Sold .......................................................

6

11

0

5

-16.7%

Properties Pending Sale .......................................

9

7

3

12

33.3%

Properties For Sale ................................................

40

51

46

43

7.5%

Days on Market (Pending Sale) ...........................

73

70

117

66

-9.6%

Month’s Supply of Inventory ................................

6.7

4.6

0

8.6

29.0%

Percent Under Contract ........................................

22.5%

13.7%

6.5%

27.9%

24.0%

Average Median Price for Last 12 Months ........

$1,821,000

$2,194,700

$2,167,000

$2,152,958

18.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.590

FEB

$2,300,000

MAR APR

MEDIAN SALES PRICE

MAY

$962

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Santa Barbara County

Carpinteria Goleta Hope Ranch Montecito Santa Barbara East of State Santa Barbara West of State Santa Ynez

Micro Market Report : January 2015

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County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : January 2015

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Carpinteria DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$840,730

$888,000

$872,500

$1,042,500

24.0%

Average Price per Square Foot ...........................

$630

$1,203

$540

$1,824

189.5%

Properties Sold .......................................................

1

5

8

6

500.0%

Properties Pending Sale .......................................

2

5

12

7

250.0%

Properties For Sale ................................................

34

44

45

38

11.8%

Days on Market (Pending Sale) ...........................

15

63

22

75

400.0%

Month’s Supply of Inventory ................................

34

8.8

5.6

6.3

-81.4%

Percent Under Contract ........................................

5.9%

11.4%

26.7%

18.4%

213.2%

Average Median Price for Last 12 Months ........

$947,000

$1,062,583

$920,500

$1,331,422

40.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$840

FEB

$1,042,500

MAR APR

MEDIAN SALES PRICE

MAY

$1,824

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.042 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Goleta DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$899,000

$775,000

$739,500

$680,000

-24.4%

Average Price per Square Foot ...........................

$525

$435

$441

$499

-5.0%

Properties Sold .......................................................

5

10

10

7

40.0%

Properties Pending Sale .......................................

6

9

11

4

-33.3%

Properties For Sale ................................................

20

33

34

32

60.0%

Days on Market (Pending Sale) ...........................

46

17

60

44

-4.3%

Month’s Supply of Inventory ................................

4

3.3

3.4

4.6

14.3%

Percent Under Contract ........................................

30.0%

27.3%

32.4%

12.5%

-58.3%

Average Median Price for Last 12 Months ........

$775,000

$761,992

$709,150

$788,458

1.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $899

JAN FEB

$680,000

MAR APR

MEDIAN SALES PRICE

MAY

$499

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Hope Ranch DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$3,640,000

$2,105,000

$1,780,000

$3,350,000

-8.0%

Average Price per Square Foot ...........................

$999

$1,018

$675

$842

-15.7%

Properties Sold .......................................................

2

4

3

3

50.0%

Properties Pending Sale .......................................

4

4

3

4

0.0%

Properties For Sale ................................................

33

35

34

21

-36.4%

Days on Market (Pending Sale) ...........................

118

90

124

153

29.7%

Month’s Supply of Inventory ................................

16.5

8.7

11.3

7

-57.6%

Percent Under Contract ........................................

12.1%

11.4%

8.8%

19.0%

57.1%

Average Median Price for Last 12 Months ........

$2,818,000

$2,788,667

$2,841,333

$3,043,865

8.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$3.640

FEB

$3,350,000

MAR APR

MEDIAN SALES PRICE

MAY

$842

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.350 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Montecito DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$2,165,000

$3,650,000

$2,978,000

$4,860,062

124.5%

Average Price per Square Foot ...........................

$822

$1,241

$899

$980

19.2%

Properties Sold .......................................................

19

23

17

12

-36.8%

Properties Pending Sale .......................................

10

25

11

12

20.0%

Properties For Sale ................................................

144

178

152

127

-11.8%

Days on Market (Pending Sale) ...........................

78

44

115

81

3.8%

Month’s Supply of Inventory ................................

7.6

7.7

8.9

10.6

39.6%

Percent Under Contract ........................................

6.9%

14.0%

7.2%

9.4%

36.1%

Average Median Price for Last 12 Months ........

$2,473,000

$3,096,219

$3,290,437

$2,914,409

17.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$2.165

FEB

$4,860,062

MAR APR

MEDIAN SALES PRICE

MAY

$980

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$4.860 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Santa Barbara East of State DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,112,500

$1,080,000

$1,130,000

$1,420,000

27.6%

Average Price per Square Foot ...........................

$573

$658

$588

$621

8.4%

Properties Sold .......................................................

26

21

19

17

-34.6%

Properties Pending Sale .......................................

16

23

31

17

6.2%

Properties For Sale ................................................

92

136

145

102

10.9%

Days on Market (Pending Sale) ...........................

77

51

53

76

-1.3%

Month’s Supply of Inventory ................................

3.5

6.5

7.6

6

69.6%

Percent Under Contract ........................................

17.4%

16.9%

21.4%

16.7%

-4.2%

Average Median Price for Last 12 Months ........

$1,032,000

$1,223,958

$1,199,583

$1,220,788

18.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.112

FEB

$1,420,000

MAR APR

MEDIAN SALES PRICE

MAY

$621

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.420 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Santa Barbara West of State DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,055,000

$800,000

$1,340,000

$877,500

-16.8%

Average Price per Square Foot ...........................

$616

$594

$647

$649

5.4%

Properties Sold .......................................................

20

19

12

18

-10.0%

Properties Pending Sale .......................................

15

22

28

14

-6.7%

Properties For Sale ................................................

55

71

88

67

21.8%

Days on Market (Pending Sale) ...........................

25

31

39

46

84.0%

Month’s Supply of Inventory ................................

2.8

3.7

7.3

3.7

35.4%

Percent Under Contract ........................................

27.3%

31.0%

31.8%

20.9%

-23.4%

Average Median Price for Last 12 Months ........

$855,000

$1,090,500

$971,667

$1,001,577

17.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.055

JAN FEB

$877,500

MAR APR

MEDIAN SALES PRICE

MAY

$649

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$877 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Santa Ynez DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$992,500

$875,000

$494,000

$662,500

-33.2%

Average Price per Square Foot ...........................

$588

$349

$414

$341

-42.0%

Properties Sold .......................................................

4

13

14

6

50.0%

Properties Pending Sale .......................................

12

10

10

15

25.0%

Properties For Sale ................................................

103

119

111

101

-1.9%

Days on Market (Pending Sale) ...........................

73

101

51

122

67.1%

Month’s Supply of Inventory ................................

25.8

9.2

7.9

16.8

-34.6%

Percent Under Contract ........................................

11.7%

8.4%

9.0%

14.9%

27.5%

Average Median Price for Last 12 Months ........

$702,000

$684,417

$675,417

$720,500

2.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $992

JAN FEB

$662,500

MAR APR

MEDIAN SALES PRICE

MAY

$341

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

16.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$662 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : January 2015

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County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : January 2015

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Carmel DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,816,875

$1,325,000

$1,606,150

$1,237,500

-31.9%

Average Price per Square Foot ...........................

$1,081

$823

$876

$725

-32.9%

Properties Sold .......................................................

12

25

28

12

0.0%

Properties Pending Sale .......................................

22

28

18

16

-27.3%

Properties For Sale ................................................

146

144

130

119

-18.5%

Days on Market (Pending Sale) ...........................

109

96

165

118

8.3%

Month’s Supply of Inventory ................................

12.2

5.8

4.6

9.9

-18.5%

Percent Under Contract ........................................

15.1%

19.4%

13.8%

13.4%

-10.8%

Average Median Price for Last 12 Months ........

$1,307,000

$1,440,608

$1,367,500

$1,431,963

9.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.816

JAN FEB

$1,237,500

MAR APR

MEDIAN SALES PRICE

MAY

$725

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.237 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Carmel Valley DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,150,000

$812,000

$870,000

$1,110,000

-3.5%

Average Price per Square Foot ...........................

$453

$346

$408

$445

-1.8%

Properties Sold .......................................................

5

14

7

8

60.0%

Properties Pending Sale .......................................

11

12

6

9

-18.2%

Properties For Sale ................................................

89

100

90

71

-20.2%

Days on Market (Pending Sale) ...........................

159

134

67

102

-35.8%

Month’s Supply of Inventory ................................

17.8

7.1

12.9

8.9

-50.1%

Percent Under Contract ........................................

12.4%

12.0%

6.7%

12.7%

2.6%

Average Median Price for Last 12 Months ........

$919,000

$925,333

$925,333

$964,712

5.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.150

FEB

$1,110,000

MAR APR

MEDIAN SALES PRICE

MAY

$445

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.110 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Pacific Grove DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$772,250

$713,500

$705,000

$681,000

-11.8%

Average Price per Square Foot ...........................

$538

$578

$526

$682

26.8%

Properties Sold .......................................................

14

13

18

9

-35.7%

Properties Pending Sale .......................................

5

15

13

9

80.0%

Properties For Sale ................................................

50

59

62

54

8.0%

Days on Market (Pending Sale) ...........................

26

73

53

78

200.0%

Month’s Supply of Inventory ................................

3.6

4.5

3.4

6

68.0%

Percent Under Contract ........................................

10.0%

25.4%

21.0%

16.7%

66.7%

Average Median Price for Last 12 Months ........

$691,000

$742,750

$753,333

$732,689

6.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$772

FEB

$681,000

MAR APR

MEDIAN SALES PRICE

MAY

$682

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$681 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Pebble Beach DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,918,000

$1,650,000

$1,287,500

$1,963,750

2.4%

Average Price per Square Foot ...........................

$744

$615

$1,423

$805

8.2%

Properties Sold .......................................................

6

11

16

6

0.0%

Properties Pending Sale .......................................

14

12

9

8

-42.9%

Properties For Sale ................................................

85

96

83

78

-8.2%

Days on Market (Pending Sale) ...........................

134

67

135

124

-7.5%

Month’s Supply of Inventory ................................

14.2

8.7

5.2

13

-8.2%

Percent Under Contract ........................................

16.5%

12.5%

10.8%

10.3%

-37.7%

Average Median Price for Last 12 Months ........

$1,451,000

$1,430,208

$1,371,250

$1,466,404

1.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.918

FEB

$1,963,750

MAR APR

MEDIAN SALES PRICE

MAY

$805

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

13 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.963 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Condominiums

Beverly Center - Miracle Mile Beverly Hills Brentwood Culver City Encino Malibu Marina Del Rey Santa Monica Sherman Oaks Studio City Venice West Hollywood West LA Westwood - Century City

Micro Market Report : January 2015

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : January 2015

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Beverly Center - Miracle Mile DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$495,000

$615,000

$610,000

$650,000

31.3%

Average Price per Square Foot ...........................

$524

$441

$474

$476

-9.2%

Properties Sold .......................................................

5

7

6

7

40.0%

Properties Pending Sale .......................................

6

12

6

8

33.3%

Properties For Sale ................................................

25

37

30

33

32.0%

Days on Market (Pending Sale) ...........................

88

56

36

66

-25.0%

Month’s Supply of Inventory ................................

5

5.3

5

4.7

-5.7%

Percent Under Contract ........................................

24.0%

32.4%

20.0%

24.2%

1.0%

Average Median Price for Last 12 Months ........

$627,000

$625,000

$640,000

$626,154

-0.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$495

FEB

$650,000

MAR APR

MEDIAN SALES PRICE

MAY

$476

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Beverly Hills DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$1,250,000

$955,000

$1,412,500

$1,040,000

-16.8%

Average Price per Square Foot ...........................

$1,214

$561

$622

$594

-51.1%

Properties Sold .......................................................

5

6

6

7

40.0%

Properties Pending Sale .......................................

10

11

8

8

-20.0%

Properties For Sale ................................................

50

59

53

66

32.0%

Days on Market (Pending Sale) ...........................

65

65

67

181

178.5%

Month’s Supply of Inventory ................................

10

9.8

8.8

9.4

-5.7%

Percent Under Contract ........................................

20.0%

18.6%

15.1%

12.1%

-39.4%

Average Median Price for Last 12 Months ........

$886,000

$1,110,167

$943,167

$1,081,115

22.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.250

FEB

$1,040,000

MAR APR

MEDIAN SALES PRICE

MAY

$594

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.040 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Brentwood DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$818,500

$758,500

$770,000

$600,000

-26.7%

Average Price per Square Foot ...........................

$483

$514

$532

$519

7.5%

Properties Sold .......................................................

10

10

19

15

50.0%

Properties Pending Sale .......................................

14

25

19

8

-42.9%

Properties For Sale ................................................

56

107

89

63

12.5%

Days on Market (Pending Sale) ...........................

42

33

84

38

-9.5%

Month’s Supply of Inventory ................................

5.6

10.7

4.7

4.2

-25.0%

Percent Under Contract ........................................

25.0%

23.4%

21.3%

12.7%

-49.2%

Average Median Price for Last 12 Months ........

$683,000

$742,750

$689,000

$751,500

10.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $818

JAN FEB

$600,000

MAR APR

MEDIAN SALES PRICE

MAY

$519

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Culver City DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$377,000

$407,500

$410,000

$420,000

11.4%

Average Price per Square Foot ...........................

$387

$399

$424

$400

3.4%

Properties Sold .......................................................

8

22

13

19

137.5%

Properties Pending Sale .......................................

12

17

18

22

83.3%

Properties For Sale ................................................

41

48

50

47

14.6%

Days on Market (Pending Sale) ...........................

19

56

20

49

157.9%

Month’s Supply of Inventory ................................

5.1

2.2

3.8

2.5

-51.7%

Percent Under Contract ........................................

29.3%

35.4%

36.0%

46.8%

59.9%

Average Median Price for Last 12 Months ........

$362,000

$419,333

$413,000

$411,519

13.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$377

FEB

$420,000

MAR APR

MEDIAN SALES PRICE

MAY

$400

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$420 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

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Encino DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$255,000

$255,000

$354,000

$306,000

20.0%

Average Price per Square Foot ...........................

$243

$416

$286

$268

10.3%

Properties Sold .......................................................

11

12

14

8

-27.3%

Properties Pending Sale .......................................

16

17

20

10

-37.5%

Properties For Sale ................................................

37

42

48

36

-2.7%

Days on Market (Pending Sale) ...........................

65

79

77

52

-20.0%

Month’s Supply of Inventory ................................

3.4

3.5

3.4

4.5

33.8%

Percent Under Contract ........................................

43.2%

40.5%

41.7%

27.8%

-35.8%

Average Median Price for Last 12 Months ........

$277,538

$302,500

$301,667

$299,692

8.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$255

FEB

$306,000

MAR APR

MEDIAN SALES PRICE

MAY

$268

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$306 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Malibu DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$499,000

$589,000

$1,290,000

$589,000

18.0%

Average Price per Square Foot ...........................

$441

$576

$643

$350

-20.6%

Properties Sold .......................................................

3

3

2

1

-66.7%

Properties Pending Sale .......................................

1

3

5

1

0.0%

Properties For Sale ................................................

20

22

24

20

0.0%

Days on Market (Pending Sale) ...........................

72

60

82

114

58.3%

Month’s Supply of Inventory ................................

6.7

7.3

12

20

200.0%

Percent Under Contract ........................................

5.0%

13.6%

20.8%

5.0%

0.0%

Average Median Price for Last 12 Months ........

$666,000

$894,167

$716,667

$826,269

24.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$499

FEB

$589,000

MAR APR

MEDIAN SALES PRICE

MAY

$350

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

20 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$589 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Marina Del Rey DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$719,900

$767,500

$758,750

$825,500

14.7%

Average Price per Square Foot ...........................

$640

$560

$587

$546

-14.7%

Properties Sold .......................................................

17

34

28

14

-17.6%

Properties Pending Sale .......................................

18

34

29

16

-11.1%

Properties For Sale ................................................

128

121

112

104

-18.8%

Days on Market (Pending Sale) ...........................

80

63

72

35

-56.2%

Month’s Supply of Inventory ................................

7.5

3.6

4

7.4

-1.3%

Percent Under Contract ........................................

14.1%

28.1%

25.9%

15.4%

9.4%

Average Median Price for Last 12 Months ........

$719,000

$777,042

$785,000

$767,627

6.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$719

FEB

$825,500

MAR APR

MEDIAN SALES PRICE

MAY

$546

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Santa Monica DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$775,000

$872,500

$925,000

$783,750

1.1%

Average Price per Square Foot ...........................

$811

$804

$819

$850

4.8%

Properties Sold .......................................................

17

36

56

24

41.2%

Properties Pending Sale .......................................

32

43

41

30

-6.2%

Properties For Sale ................................................

106

165

156

99

-6.6%

Days on Market (Pending Sale) ...........................

60

32

40

57

-5.0%

Month’s Supply of Inventory ................................

6.2

4.6

2.8

4.1

-33.8%

Percent Under Contract ........................................

30.2%

26.1%

26.3%

30.3%

0.4%

Average Median Price for Last 12 Months ........

$706,000

$981,275

$922,417

$908,419

28.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$775

FEB

$783,750

MAR APR

MEDIAN SALES PRICE

MAY

$850

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$783 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Sherman Oaks DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$450,000

$390,000

$405,000

$429,000

-4.7%

Average Price per Square Foot ...........................

$304

$311

$298

$316

3.9%

Properties Sold .......................................................

15

16

17

13

-13.3%

Properties Pending Sale .......................................

13

33

18

34

161.5%

Properties For Sale ................................................

34

51

59

35

2.9%

Days on Market (Pending Sale) ...........................

50

56

53

60

20.0%

Month’s Supply of Inventory ................................

2.3

3.2

3.5

2.7

18.8%

Percent Under Contract ........................................

38.2%

64.7%

30.5%

97.1%

154.1%

Average Median Price for Last 12 Months ........

$366,308

$398,500

$406,333

$400,462

9.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$450

FEB

$429,000

MAR APR

MEDIAN SALES PRICE

MAY

$316

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$429 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Studio City DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$525,000

$529,000

$540,000

$550,000

4.8%

Average Price per Square Foot ...........................

$397

$381

$376

$421

6.0%

Properties Sold .......................................................

6

15

11

7

16.7%

Properties Pending Sale .......................................

11

13

11

16

45.5%

Properties For Sale ................................................

24

28

31

27

12.5%

Days on Market (Pending Sale) ...........................

54

64

68

57

5.6%

Month’s Supply of Inventory ................................

4

1.9

2.8

3.9

-3.6%

Percent Under Contract ........................................

45.8%

46.4%

35.5%

59.3%

29.3%

Average Median Price for Last 12 Months ........

$456,692

$511,000

$529,000

$497,231

8.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$525

FEB

$550,000

MAR APR

MEDIAN SALES PRICE

MAY

$421

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$550 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Venice DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$0

$1,385,000

$1,050,000

$1,098,500

0%

Average Price per Square Foot ...........................

$0

$672

$765

$691

0%

Properties Sold .......................................................

0

2

3

4

0%

Properties Pending Sale .......................................

5

2

6

3

-40.0%

Properties For Sale ................................................

13

20

32

18

38.5%

Days on Market (Pending Sale) ...........................

95

54

76

68

-28.4%

Month’s Supply of Inventory ................................

0

10

10.7

4.5

0%

Percent Under Contract ........................................

38.5%

10.0%

18.8%

16.7%

-56.7%

Average Median Price for Last 12 Months ........

$1,100,000

$1,018,000

$913,750

$1,119,073

1.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN FEB

$1,098,500

MAR APR

MEDIAN SALES PRICE

MAY

$691

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.098 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


West Hollywood DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$630,000

$590,000

$590,000

$635,000

0.8%

Average Price per Square Foot ...........................

$559

$513

$548

$521

-6.8%

Properties Sold .......................................................

17

35

29

17

0.0%

Properties Pending Sale .......................................

31

31

33

36

16.1%

Properties For Sale ................................................

122

138

154

135

10.7%

Days on Market (Pending Sale) ...........................

36

49

46

56

55.6%

Month’s Supply of Inventory ................................

7.2

3.9

5.3

7.9

10.7%

Percent Under Contract ........................................

25.4%

22.5%

21.4%

26.7%

4.9%

Average Median Price for Last 12 Months ........

$546,000

$628,667

$621,500

$624,981

14.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$630

FEB

$635,000

MAR APR

MEDIAN SALES PRICE

MAY

$521

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$635 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


West LA DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$570,000

$596,000

$605,500

$612,500

7.5%

Average Price per Square Foot ...........................

$416

$483

$456

$443

6.5%

Properties Sold .......................................................

9

21

13

13

44.4%

Properties Pending Sale .......................................

13

17

15

17

30.8%

Properties For Sale ................................................

42

55

62

43

2.4%

Days on Market (Pending Sale) ...........................

48

38

41

66

37.5%

Month’s Supply of Inventory ................................

4.7

2.6

4.8

3.3

-29.1%

Percent Under Contract ........................................

31.0%

30.9%

24.2%

39.5%

27.7%

Average Median Price for Last 12 Months ........

$623,000

$614,500

$607,167

$617,115

-0.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$570

FEB

$612,500

MAR APR

MEDIAN SALES PRICE

MAY

$443

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$612 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com


Westwood - Century City DATA*

Jan 2014

6 month

3 month

Jan 2015

% change

Median Price ..........................................................

$675,000

$798,000

$707,500

$788,000

16.7%

Average Price per Square Foot ...........................

$530

$796

$629

$584

10.2%

Properties Sold .......................................................

23

47

50

41

78.3%

Properties Pending Sale .......................................

52

48

43

33

-36.5%

Properties For Sale ................................................

269

304

270

257

-4.5%

Days on Market (Pending Sale) ...........................

56

53

72

78

39.3%

Month’s Supply of Inventory ................................

11.7

6.5

5.4

6.3

-46.4%

Percent Under Contract ........................................

19.3%

15.8%

15.9%

12.8%

-33.6%

Average Median Price for Last 12 Months ........

$695,000

$761,229

$771,333

$759,957

9.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$675

FEB

$788,000

MAR APR

MEDIAN SALES PRICE

MAY

$584

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$788 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2015

telesproperties.com



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January 2015 | LOS ANGELES, ORANGE, SANTA BARBARA, & MONTEREY COUNTIES Š2015 Teles Properties, Inc. Teles Properties is a registered trademark.


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