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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
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
telesproperties.com
County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY
Micro Market Report : January 2015
telesproperties.com
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
telesproperties.com
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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