micro market report luxury real estate market research January 2016 | LOS ANGELES, ORANGE, SANTA BARBARA, MONTEREY, SAN DIEGO
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Reading the Report
“Each Micro Market area contains an analysis of current conditions and past trends. In order to take the most away from this report, it is important to understand how to read each micro market.
The Data presents statistical information about past and current conditions, comparing the previous year’s month to the current month. Each statistic is compiled from sales data during the month of the respective year. It is then analyzed by Percent Change, which is calculated by taking Current Value minus Past Value and then divided by Past Value.
The Numbers is a compilation of important take-away statistics for each area to gain a quick understanding of market conditions. Median Sales Price and Days on market are 12 month averages for the period ending in the current month. The values for Properties for Sale and Shadow Inventory are presented in both text and graphical form to show the relationship of Shadow to Active Inventory.
The Yearly Trend presents the Median Sales Prices for each month during the past year in graphical format to easily visualize the changes and help identify any trends in sales for that micro market.
MEDIAN PRICE:
DAYS OF MARKET (PENDING SALE):
A value that separates the upper half
The number of days that properties
of prices from the lower half of prices.
currently in escrow were on the market.
It can be interpreted like an average, however the extreme prices (high and
MONTH’S SUPPLY OF INVENTORY:
low) don’t hold undue influence.
The number of months it would take to sell all the properties listed for sale at
AVERAGE PRICE PER SQUARE FOOT:
the current pace of sales and if no new
The price of each property divided by
listings entered the market.
their respective square footage then averaged across all properties sold in
PERCENT UNDER CONTRACT:
the area for a given time period.
The ratio of properties for sale to properties pending sale.
PROPERTIES SOLD:
The number of property transactions
AVERAGE MEDIAN PRICE FOR LAST 12:
that closed and transferred ownership.
The Average Median Price for the Last 12 Months is sales data from 12 months
PROPERTIES PENDING SALE:
The number of properties that entered escrow in preparation for sale. PROPERTIES FOR SALE:
The number of properties on the market and seeking buyers.
ending in the identified month.
Los Angeles County
Los Angeles County Macro
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 2016
telesproperties.com
County: LOS ANGELES Area: 4,752 SQ MILES Founded: 1850
Pasadena San Gabriel San Marino Sierra Madre South Pasadena
Micro Market Report : January 2016
telesproperties.com
Los Angeles County DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$498,500
$555,975
$539,000
$537,000
7.7%
Average Price per Square Foot ...........................
$407
$428
$423
$424
4.2%
Properties Sold .......................................................
2684
5003
4237
3061
14.0%
Properties Pending Sale .......................................
3797
5391
4821
3512
-7.5%
Properties For Sale ................................................
16,372
19,900
19,144
15,312
-6.5%
Days on Market (Pending Sale) ...........................
56
42
48
54
-3.6%
Month’s Supply of Inventory ................................
6.1
4
4.5
5
-18.0%
Percent Under Contract ........................................
23.2%
27.1%
25.2%
22.9%
-1.1%
Average Median Price for Last 12 Months ........
$518,875
$541,333
$538,000
$534,365
2.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$498
FEB
$537,000
MAR APR
MEDIAN SALES PRICE
MAY
$424
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$537 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Bel-Air Holmby Hills DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$2,950,000
$1,655,000
$1,800,000
$2,300,000
-22.0%
Average Price per Square Foot ...........................
$967
$777
$801
$873
-9.7%
Properties Sold .......................................................
15
19
15
9
-40.0%
Properties Pending Sale .......................................
18
12
15
8
-55.6%
Properties For Sale ................................................
113
120
126
102
-9.7%
Days on Market (Pending Sale) ...........................
105
42
59
48
-54.3%
Month’s Supply of Inventory ................................
7.5
6.3
8.4
11.3
50.4%
Percent Under Contract ........................................
15.9%
10.0%
11.9%
7.8%
-50.8%
Average Median Price for Last 12 Months ........
$2,534,929
$2,331,583
$2,571,500
$2,331,596
-8.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.950
JAN FEB
$2,300,000
MAR APR
MEDIAN SALES PRICE
MAY
$873
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
11.3 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 2016
telesproperties.com
Beverly Center - Miracle Mile DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,265,000
$1,852,000
$1,565,000
$1,580,000
24.9%
Average Price per Square Foot ...........................
$607
$767
$769
$685
12.9%
Properties Sold .......................................................
8
19
11
11
37.5%
Properties Pending Sale .......................................
16
19
19
13
-18.8%
Properties For Sale ................................................
69
75
73
71
2.9%
Days on Market (Pending Sale) ...........................
41
36
49
49
19.5%
Month’s Supply of Inventory ................................
8.6
3.9
6.6
6.5
-25.2%
Percent Under Contract ........................................
23.2%
25.3%
26.0%
18.3%
-21.0%
Average Median Price for Last 12 Months ........
$1,322,192
$1,513,333
$1,446,667
$1,488,269
11.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.265
FEB
$1,580,000
MAR APR
MEDIAN SALES PRICE
MAY
$685
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.580 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Beverly Hills DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$4,395,000
$6,487,500
$3,092,381
$4,250,000
-3.3%
Average Price per Square Foot ...........................
$2,031
$1,428
$1,091
$1,104
-45.6%
Properties Sold .......................................................
11
22
7
13
18.2%
Properties Pending Sale .......................................
8
16
12
9
12.5%
Properties For Sale ................................................
84
88
118
91
8.3%
Days on Market (Pending Sale) ...........................
110
60
44
75
-31.8%
Month’s Supply of Inventory ................................
7.6
4
16.9
7
-8.3%
Percent Under Contract ........................................
9.5%
18.2%
10.2%
9.9%
3.8%
Average Median Price for Last 12 Months ........
$4,269,979
$4,955,230
$4,889,667
$4,981,068
14.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$4.395
FEB
$4,250,000
MAR APR
MEDIAN SALES PRICE
MAY
$1,104
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$4.250 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Beverly Hills- Post Office DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$2,950,000
$2,863,000
$2,725,000
$3,395,000
15.1%
Average Price per Square Foot ...........................
$817
$1,109
$1,115
$1,113
36.2%
Properties Sold .......................................................
5
14
17
9
80.0%
Properties Pending Sale .......................................
13
14
18
6
-53.8%
Properties For Sale ................................................
125
141
150
128
2.4%
Days on Market (Pending Sale) ...........................
89
97
59
129
44.9%
Month’s Supply of Inventory ................................
25
10.1
8.8
14.2
-43.1%
Percent Under Contract ........................................
10.4%
9.9%
12.0%
4.7%
-54.9%
Average Median Price for Last 12 Months ........
$2,545,375
$2,712,083
$2,965,833
$2,603,500
2.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$2.950
FEB
$3,395,000
MAR APR
MEDIAN SALES PRICE
MAY
$1,113
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
14.2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$3.395 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Beverlywood DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$977,000
$1,348,000
$1,135,500
$1,170,000
19.8%
Average Price per Square Foot ...........................
$650
$693
$657
$667
2.6%
Properties Sold .......................................................
15
18
14
14
-6.7%
Properties Pending Sale .......................................
22
24
9
9
-59.1%
Properties For Sale ................................................
46
58
68
51
10.9%
Days on Market (Pending Sale) ...........................
47
25
29
58
23.4%
Month’s Supply of Inventory ................................
3.1
3.2
4.9
3.6
18.8%
Percent Under Contract ........................................
47.8%
41.4%
13.2%
17.6%
-63.1%
Average Median Price for Last 12 Months ........
$913,344
$1,047,333
$972,667
$1,031,885
11.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$977
FEB
$1,170,000
MAR APR
MEDIAN SALES PRICE
MAY
$667
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.170 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Brentwood DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$2,600,500
$2,348,250
$2,597,000
$2,208,750
-15.1%
Average Price per Square Foot ...........................
$1,045
$1,028
$1,068
$888
-15.0%
Properties Sold .......................................................
10
22
17
12
20.0%
Properties Pending Sale .......................................
11
26
21
10
-9.1%
Properties For Sale ................................................
87
134
144
117
34.5%
Days on Market (Pending Sale) ...........................
41
60
61
45
9.8%
Month’s Supply of Inventory ................................
8.7
6.1
8.5
9.8
12.1%
Percent Under Contract ........................................
12.6%
19.4%
14.6%
8.5%
-32.4%
Average Median Price for Last 12 Months ........
$2,664,654
$3,047,625
$3,152,917
$2,947,530
9.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$2.600
FEB
$2,208,750
MAR APR
MEDIAN SALES PRICE
MAY
$888
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
9.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.208 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Cheviot Hills - Rancho Park DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,300,000
$1,685,000
$1,900,000
$1,502,833
15.6%
Average Price per Square Foot ...........................
$765
$751
$779
$739
-3.4%
Properties Sold .......................................................
8
7
2
7
-12.5%
Properties Pending Sale .......................................
2
9
8
7
250.0%
Properties For Sale ................................................
17
22
26
30
76.5%
Days on Market (Pending Sale) ...........................
80
31
37
67
-16.2%
Month’s Supply of Inventory ................................
2.1
3.1
13
4.3
101.7%
Percent Under Contract ........................................
11.8%
40.9%
30.8%
23.3%
98.3%
Average Median Price for Last 12 Months ........
$1,584,742
$1,704,036
$1,392,544
$1,664,324
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.300
FEB
$1,502,833
MAR APR
MEDIAN SALES PRICE
MAY
$739
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.502 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Culver City DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,075,000
$1,005,000
$1,050,000
$938,000
-12.7%
Average Price per Square Foot ...........................
$546
$647
$634
$589
7.9%
Properties Sold .......................................................
11
26
20
16
45.5%
Properties Pending Sale .......................................
21
25
20
10
-52.4%
Properties For Sale ................................................
53
81
64
44
-17.0%
Days on Market (Pending Sale) ...........................
41
26
52
69
68.3%
Month’s Supply of Inventory ................................
4.8
3.1
3.2
2.8
-42.9%
Percent Under Contract ........................................
39.6%
30.9%
31.2%
22.7%
-42.6%
Average Median Price for Last 12 Months ........
$854,055
$1,033,417
$1,013,500
$1,005,731
15.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.075
FEB
$938,000
MAR APR
MEDIAN SALES PRICE
MAY
$589
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.8 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 2016
telesproperties.com
Downtown DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$312,500
$272,000
$301,500
$282,500
-9.6%
Average Price per Square Foot ...........................
$222
$357
$239
$230
3.6%
Properties Sold .......................................................
12
10
8
10
-16.7%
Properties Pending Sale .......................................
9
11
12
7
-22.2%
Properties For Sale ................................................
51
60
60
45
-11.8%
Days on Market (Pending Sale) ...........................
81
54
80
94
16.0%
Month’s Supply of Inventory ................................
4.2
6
7.5
4.5
5.9%
Percent Under Contract ........................................
17.6%
18.3%
20.0%
15.6%
-11.9%
Average Median Price for Last 12 Months ........
$251,492
$298,286
$306,631
$297,378
15.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$312
FEB
$282,500
MAR APR
MEDIAN SALES PRICE
MAY
$230
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$282 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Hancock Park - Wilshire DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,472,500
$1,450,000
$1,355,000
$1,330,438
-9.6%
Average Price per Square Foot ...........................
$597
$697
$686
$618
3.5%
Properties Sold .......................................................
24
25
33
18
-25.0%
Properties Pending Sale .......................................
25
17
32
18
-28.0%
Properties For Sale ................................................
98
114
136
109
11.2%
Days on Market (Pending Sale) ...........................
40
59
50
41
2.5%
Month’s Supply of Inventory ................................
4.1
4.6
4.1
6.1
48.3%
Percent Under Contract ........................................
25.5%
14.9%
23.5%
16.5%
-35.3%
Average Median Price for Last 12 Months ........
$1,286,729
$1,417,073
$1,418,479
$1,362,341
5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.472
FEB
$1,330,438
MAR APR
MEDIAN SALES PRICE
MAY
$618
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.330 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Hollywood DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,190,000
$682,500
$799,900
$1,005,000
-15.5%
Average Price per Square Foot ...........................
$568
$496
$660
$568
0.0%
Properties Sold .......................................................
6
12
5
5
-16.7%
Properties Pending Sale .......................................
7
10
4
12
71.4%
Properties For Sale ................................................
39
48
48
44
12.8%
Days on Market (Pending Sale) ...........................
64
35
97
60
-6.2%
Month’s Supply of Inventory ................................
6.5
4
9.6
8.8
35.4%
Percent Under Contract ........................................
17.9%
20.8%
8.3%
27.3%
51.9%
Average Median Price for Last 12 Months ........
$931,099
$882,733
$902,167
$856,443
-8.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.190
FEB
$1,005,000
MAR APR
MEDIAN SALES PRICE
MAY
$568
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
8.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.005 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Hollywood Hills East DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,125,548
$1,300,000
$1,223,000
$1,120,000
-0.5%
Average Price per Square Foot ...........................
$483
$614
$540
$590
22.2%
Properties Sold .......................................................
8
15
14
12
50.0%
Properties Pending Sale .......................................
14
11
13
11
-21.4%
Properties For Sale ................................................
55
85
73
52
-5.5%
Days on Market (Pending Sale) ...........................
79
33
49
54
-31.6%
Month’s Supply of Inventory ................................
3.9
7.7
5.6
4.3
10.3%
Percent Under Contract ........................................
25.5%
12.9%
17.8%
21.2%
-16.9%
Average Median Price for Last 12 Months ........
$1,169,260
$1,235,770
$1,292,374
$1,223,218
4.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.125
FEB
$1,120,000
MAR APR
MEDIAN SALES PRICE
MAY
$590
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.120 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Laurel Canyon DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,205,000
$1,636,000
$1,550,000
$1,331,055
10.5%
Average Price per Square Foot ...........................
$808
$725
$774
$720
-10.9%
Properties Sold .......................................................
23
41
23
17
-26.1%
Properties Pending Sale .......................................
27
39
37
14
-48.1%
Properties For Sale ................................................
127
153
167
125
-1.6%
Days on Market (Pending Sale) ...........................
60
48
40
49
-18.3%
Month’s Supply of Inventory ................................
4.7
3.9
4.5
8.9
89.8%
Percent Under Contract ........................................
21.3%
25.5%
22.2%
11.2%
-47.3%
Average Median Price for Last 12 Months ........
$1,377,058
$1,386,926
$1,398,852
$1,446,095
5.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.205
FEB
$1,331,055
MAR APR
MEDIAN SALES PRICE
MAY
$720
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
8.9 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.331 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Los Feliz DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,417,900
$1,376,250
$1,998,700
$1,329,000
-6.3%
Average Price per Square Foot ...........................
$724
$688
$770
$655
-9.5%
Properties Sold .......................................................
22
20
12
15
-31.8%
Properties Pending Sale .......................................
15
18
22
18
20.0%
Properties For Sale ................................................
69
94
106
72
4.3%
Days on Market (Pending Sale) ...........................
59
40
33
53
-10.2%
Month’s Supply of Inventory ................................
4.6
5.2
4.8
4.8
4.3%
Percent Under Contract ........................................
21.7%
19.1%
20.8%
25.0%
15.0%
Average Median Price for Last 12 Months ........
$1,251,017
$1,462,817
$1,316,900
$1,401,042
10.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.417
FEB
$1,329,000
MAR APR
MEDIAN SALES PRICE
MAY
$655
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.329 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Malibu DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,910,000
$2,525,000
$2,022,500
$2,512,500
31.5%
Average Price per Square Foot ...........................
$778
$833
$858
$866
11.3%
Properties Sold .......................................................
12
13
14
10
-16.7%
Properties Pending Sale .......................................
15
18
20
15
0.0%
Properties For Sale ................................................
174
231
229
194
11.5%
Days on Market (Pending Sale) ...........................
159
86
153
83
-47.8%
Month’s Supply of Inventory ................................
14.5
17.8
16.4
19.4
33.8%
Percent Under Contract ........................................
8.6%
7.8%
8.7%
7.7%
-10.3%
Average Median Price for Last 12 Months ........
$2,283,616
$2,354,930
$2,457,500
$2,285,852
0.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.910
FEB
$2,512,500
MAR APR
MEDIAN SALES PRICE
MAY
$866
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
19.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.512 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Malibu Beach DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$4,725,000
$8,137,500
$2,805,000
$10,400,000
120.1%
Average Price per Square Foot ...........................
$1,716
$2,135
$1,171
$3,806
121.8%
Properties Sold .......................................................
2
4
6
4
100.0%
Properties Pending Sale .......................................
2
6
3
5
150.0%
Properties For Sale ................................................
66
82
78
73
10.6%
Days on Market (Pending Sale) ...........................
216
91
138
119
-44.9%
Month’s Supply of Inventory ................................
33
20.5
13
18.2
-44.7%
Percent Under Contract ........................................
3.0%
7.3%
3.8%
6.8%
126.0%
Average Median Price for Last 12 Months ........
$6,995,219
$7,721,667
$10,300,000
$6,255,385
-11.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$4.725
FEB
$10,400,000
MAR APR
MEDIAN SALES PRICE
MAY
$3,806
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
18.2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$10.400 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Marina Del Rey DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,899,750
$1,410,000
$2,165,000
$1,992,500
4.9%
Average Price per Square Foot ...........................
$599
$946
$618
$685
14.4%
Properties Sold .......................................................
4
3
5
4
0.0%
Properties Pending Sale .......................................
6
5
6
5
-16.7%
Properties For Sale ................................................
22
29
31
28
27.3%
Days on Market (Pending Sale) ...........................
40
45
73
45
12.5%
Month’s Supply of Inventory ................................
5.5
9.7
6.2
7
27.3%
Percent Under Contract ........................................
27.3%
17.2%
19.4%
17.9%
-34.5%
Average Median Price for Last 12 Months ........
$1,545,432
$1,833,458
$1,718,667
$1,737,429
11.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.899
FEB
$1,992,500
MAR APR
MEDIAN SALES PRICE
MAY
$685
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.992 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Mid Los Angeles DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$492,500
$560,000
$525,000
$500,000
1.5%
Average Price per Square Foot ...........................
$305
$345
$375
$366
20.0%
Properties Sold .......................................................
26
50
29
37
42.3%
Properties Pending Sale .......................................
37
46
39
38
2.7%
Properties For Sale ................................................
131
141
148
133
1.5%
Days on Market (Pending Sale) ...........................
42
32
37
41
-2.4%
Month’s Supply of Inventory ................................
5
2.8
5.1
3.6
-28.7%
Percent Under Contract ........................................
28.2%
32.6%
26.4%
28.6%
1.2%
Average Median Price for Last 12 Months ........
$452,075
$530,492
$513,150
$514,112
12.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$492
FEB
$500,000
MAR APR
MEDIAN SALES PRICE
MAY
$366
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$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 2016
telesproperties.com
Mid Wilshire DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$592,500
$752,500
$675,000
$815,000
37.6%
Average Price per Square Foot ...........................
$357
$326
$395
$320
-10.4%
Properties Sold .......................................................
6
6
5
2
-66.7%
Properties Pending Sale .......................................
7
3
5
4
-42.9%
Properties For Sale ................................................
30
24
26
21
-30.0%
Days on Market (Pending Sale) ...........................
50
74
41
20
-60.0%
Month’s Supply of Inventory ................................
5
4
5.2
10.5
110.0%
Percent Under Contract ........................................
23.3%
12.5%
19.2%
19.0%
-18.4%
Average Median Price for Last 12 Months ........
$630,600
$812,100
$756,250
$726,583
13.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$592
FEB
$815,000
MAR APR
MEDIAN SALES PRICE
MAY
$320
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
10.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$815 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Pacific Palisades DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$2,135,000
$2,925,000
$3,094,000
$2,964,750
38.9%
Average Price per Square Foot ...........................
$936
$974
$933
$1,014
8.3%
Properties Sold .......................................................
14
27
22
16
14.3%
Properties Pending Sale .......................................
20
19
28
23
15.0%
Properties For Sale ................................................
109
127
138
129
18.3%
Days on Market (Pending Sale) ...........................
78
45
64
63
-19.2%
Month’s Supply of Inventory ................................
7.8
4.7
6.3
8.1
3.6%
Percent Under Contract ........................................
18.3%
15.0%
20.3%
17.8%
-2.8%
Average Median Price for Last 12 Months ........
$2,506,197
$2,894,229
$2,834,625
$2,848,837
12.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$2.135
FEB
$2,964,750
MAR APR
MEDIAN SALES PRICE
MAY
$1,014
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
8.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.964 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Palms - Mar Vista DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$941,000
$1,257,500
$1,360,000
$1,200,000
27.5%
Average Price per Square Foot ...........................
$654
$708
$719
$790
20.8%
Properties Sold .......................................................
19
44
33
19
0.0%
Properties Pending Sale .......................................
19
34
35
21
10.5%
Properties For Sale ................................................
66
84
94
65
-1.5%
Days on Market (Pending Sale) ...........................
48
24
34
43
-10.4%
Month’s Supply of Inventory ................................
3.5
1.9
2.8
3.4
-1.5%
Percent Under Contract ........................................
28.8%
40.5%
37.2%
32.3%
12.2%
Average Median Price for Last 12 Months ........
$1,049,967
$1,236,333
$1,209,333
$1,184,452
11.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$941
FEB
$1,200,000
MAR APR
MEDIAN SALES PRICE
MAY
$790
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Playa Del Rey DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,750,000
$1,090,000
$1,715,000
$1,612,500
-7.9%
Average Price per Square Foot ...........................
$500
$779
$527
$730
46.0%
Properties Sold .......................................................
1
2
3
2
100.0%
Properties Pending Sale .......................................
4
4
4
3
-25.0%
Properties For Sale ................................................
16
12
14
13
-18.8%
Days on Market (Pending Sale) ...........................
74
22
39
21
-71.6%
Month’s Supply of Inventory ................................
16
6
4.7
6.5
-59.4%
Percent Under Contract ........................................
25.0%
33.3%
28.6%
23.1%
-7.7%
Average Median Price for Last 12 Months ........
$1,210,921
$1,499,250
$1,385,000
$1,781,962
32.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.750
FEB
$1,612,500
MAR APR
MEDIAN SALES PRICE
MAY
$730
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.612 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 2016
telesproperties.com
Playa Vista DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,795,000
$1,465,000
$0
$0
-100.0%
Average Price per Square Foot ...........................
$494
$644
$0
$0
-100.0%
Properties Sold .......................................................
1
3
0
0
-100.0%
Properties Pending Sale .......................................
1
6
2
0
-100.0%
Properties For Sale ................................................
7
10
5
5
-28.6%
Days on Market (Pending Sale) ...........................
9
43
14
0
-100.0%
Month’s Supply of Inventory ................................
7
3.3
n/a
0
-100.0%
Percent Under Contract ........................................
14.3%
60.0%
40.0%
0.0%
-100.0%
Average Median Price for Last 12 Months ........
$1,327,480
$1,992,250
$2,428,750
$1,865,655
40.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.795
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 2016
telesproperties.com
Santa Monica DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$2,018,750
$2,895,000
$1,837,716
$2,200,000
9.0%
Average Price per Square Foot ...........................
$873
$1,151
$1,143
$954
9.3%
Properties Sold .......................................................
14
37
20
10
-28.6%
Properties Pending Sale .......................................
11
19
29
12
9.1%
Properties For Sale ................................................
59
82
117
90
52.5%
Days on Market (Pending Sale) ...........................
48
32
61
38
-20.8%
Month’s Supply of Inventory ................................
4.2
2.2
5.8
9
113.6%
Percent Under Contract ........................................
18.6%
23.2%
24.8%
13.3%
-28.5%
Average Median Price for Last 12 Months ........
$2,047,946
$2,224,683
$2,747,667
$2,356,634
13.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$2.018
FEB
$2,200,000
MAR APR
MEDIAN SALES PRICE
MAY
$954
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
9 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Sunset Strip - Hollywood Hills West DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,600,000
$1,912,500
$1,917,500
$2,270,000
41.9%
Average Price per Square Foot ...........................
$1,014
$936
$773
$1,168
15.2%
Properties Sold .......................................................
37
52
34
26
-29.7%
Properties Pending Sale .......................................
37
52
46
23
-37.8%
Properties For Sale ................................................
251
318
334
260
3.6%
Days on Market (Pending Sale) ...........................
76
53
52
64
-15.8%
Month’s Supply of Inventory ................................
6.8
6.1
9.8
10
47.4%
Percent Under Contract ........................................
14.7%
16.4%
13.8%
8.8%
-40.0%
Average Median Price for Last 12 Months ........
$1,771,242
$1,696,083
$1,742,833
$1,692,496
-4.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.600
FEB
$2,270,000
MAR APR
MEDIAN SALES PRICE
MAY
$1,168
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
10 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.270 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Venice DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,270,000
$1,890,300
$1,831,000
$2,162,500
70.3%
Average Price per Square Foot ...........................
$1,014
$1,016
$1,005
$1,115
10.0%
Properties Sold .......................................................
11
17
18
13
18.2%
Properties Pending Sale .......................................
14
19
24
9
-35.7%
Properties For Sale ................................................
69
70
96
74
7.2%
Days on Market (Pending Sale) ...........................
58
39
42
55
-5.2%
Month’s Supply of Inventory ................................
6.3
4.1
5.3
5.7
-9.3%
Percent Under Contract ........................................
20.3%
27.1%
25.0%
12.2%
-40.1%
Average Median Price for Last 12 Months ........
$1,564,294
$1,770,021
$1,815,833
$1,792,700
14.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.270
FEB
$2,162,500
MAR APR
MEDIAN SALES PRICE
MAY
$1,115
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.162 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
West Hollywood DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$2,150,000
$1,267,500
$1,627,500
$1,493,250
-30.5%
Average Price per Square Foot ...........................
$723
$836
$872
$992
37.2%
Properties Sold .......................................................
9
10
10
8
-11.1%
Properties Pending Sale .......................................
7
7
15
8
14.3%
Properties For Sale ................................................
49
53
56
44
-10.2%
Days on Market (Pending Sale) ...........................
88
64
48
26
-70.5%
Month’s Supply of Inventory ................................
5.4
5.3
5.6
5.5
1.0%
Percent Under Contract ........................................
14.3%
13.2%
26.8%
18.2%
27.3%
Average Median Price for Last 12 Months ........
$1,241,386
$1,466,630
$1,492,093
$1,541,098
19.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.150
JAN FEB
$1,493,250
MAR APR
MEDIAN SALES PRICE
MAY
$992
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.493 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
West Los Angeles DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$895,000
$900,000
$823,500
$1,092,500
22.1%
Average Price per Square Foot ...........................
$606
$615
$730
$684
12.9%
Properties Sold .......................................................
13
9
8
6
-53.8%
Properties Pending Sale .......................................
1
12
12
6
500.0%
Properties For Sale ................................................
26
35
39
31
19.2%
Days on Market (Pending Sale) ...........................
119
52
32
23
-80.7%
Month’s Supply of Inventory ................................
2
3.9
4.9
5.2
158.3%
Percent Under Contract ........................................
3.8%
34.3%
30.8%
19.4%
403.2%
Average Median Price for Last 12 Months ........
$876,125
$1,095,167
$1,160,833
$1,012,315
15.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$895
FEB
$1,092,500
MAR APR
MEDIAN SALES PRICE
MAY
$684
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.092 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Westchester DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$827,000
$924,500
$850,000
$1,072,000
29.6%
Average Price per Square Foot ...........................
$524
$605
$585
$556
6.1%
Properties Sold .......................................................
27
30
19
15
-44.4%
Properties Pending Sale .......................................
13
30
27
21
61.5%
Properties For Sale ................................................
53
70
73
56
5.7%
Days on Market (Pending Sale) ...........................
47
19
30
44
-6.4%
Month’s Supply of Inventory ................................
2
2.3
3.8
3.7
90.2%
Percent Under Contract ........................................
24.5%
42.9%
37.0%
37.5%
52.9%
Average Median Price for Last 12 Months ........
$820,253
$961,529
$1,025,725
$925,313
12.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$827
FEB
$1,072,000
MAR APR
MEDIAN SALES PRICE
MAY
$556
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.072 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Westwood - Century City DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,863,250
$1,500,000
$1,703,250
$1,715,000
-8.0%
Average Price per Square Foot ...........................
$918
$879
$870
$837
-8.8%
Properties Sold .......................................................
4
16
16
12
200.0%
Properties Pending Sale .......................................
11
22
15
10
-9.1%
Properties For Sale ................................................
46
76
81
54
17.4%
Days on Market (Pending Sale) ...........................
32
29
64
29
-9.4%
Month’s Supply of Inventory ................................
11.5
4.8
5.1
4.5
-60.9%
Percent Under Contract ........................................
23.9%
28.9%
18.5%
18.5%
-22.6%
Average Median Price for Last 12 Months ........
$1,781,854
$1,786,164
$1,765,411
$1,748,855
-1.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.863
FEB
$1,715,000
MAR APR
MEDIAN SALES PRICE
MAY
$837
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.715 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
South Bay Macro Market DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,179,283
$1,292,833
$1,294,300
$1,180,412
0.1%
Average Price per Square Foot ...........................
$586
$631
$603
$597
1.9%
Properties Sold .......................................................
137
298
248
160
16.8%
Properties Pending Sale .......................................
179
271
250
172
-3.9%
Properties For Sale ................................................
656
961
950
717
9.3%
Days on Market (Pending Sale) ...........................
56
32
44
44
-21.9%
Month’s Supply of Inventory ................................
4.8
3.2
3.8
4.5
-6.4%
Percent Under Contract ........................................
27.3%
28.2%
26.3%
24.0%
-12.1%
Average Median Price for Last 12 Months ........
$1,153,386
$1,246,890
$1,233,844
$1,261,032
9.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.179
FEB
$1,180,412
MAR APR
MEDIAN SALES PRICE
MAY
$597
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.180 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
El Segundo DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$982,500
$1,185,000
$1,075,000
$1,480,500
50.7%
Average Price per Square Foot ...........................
$627
$646
$719
$615
-1.9%
Properties Sold .......................................................
4
10
7
4
0.0%
Properties Pending Sale .......................................
5
8
7
6
20.0%
Properties For Sale ................................................
13
27
23
19
46.2%
Days on Market (Pending Sale) ...........................
54
47
44
60
11.1%
Month’s Supply of Inventory ................................
3.2
2.7
3.3
4.8
46.2%
Percent Under Contract ........................................
38.5%
29.6%
30.4%
31.6%
-17.9%
Average Median Price for Last 12 Months ........
$964,431
$1,166,500
$1,284,667
$1,056,346
9.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$982
FEB
$1,480,500
MAR APR
MEDIAN SALES PRICE
MAY
$615
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.8 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 2016
telesproperties.com
Hermosa Beach DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,725,000
$1,763,750
$2,460,000
$2,108,750
22.2%
Average Price per Square Foot ...........................
$768
$928
$990
$1,121
46.0%
Properties Sold .......................................................
9
10
9
6
-33.3%
Properties Pending Sale .......................................
10
7
14
2
-80.0%
Properties For Sale ................................................
22
38
39
26
18.2%
Days on Market (Pending Sale) ...........................
40
32
50
8
-80.0%
Month’s Supply of Inventory ................................
2.4
3.8
4.3
4.3
77.3%
Percent Under Contract ........................................
45.5%
18.4%
35.9%
7.7%
-83.1%
Average Median Price for Last 12 Months ........
$1,495,058
$2,037,458
$2,059,583
$1,899,981
27.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.725
FEB
$2,108,750
MAR APR
MEDIAN SALES PRICE
MAY
$1,121
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.108 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Manhattan Beach DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,700,000
$2,087,500
$2,288,000
$1,770,000
4.1%
Average Price per Square Foot ...........................
$782
$1,136
$1,064
$854
9.2%
Properties Sold .......................................................
11
26
24
15
36.4%
Properties Pending Sale .......................................
17
30
23
20
17.6%
Properties For Sale ................................................
46
109
111
83
80.4%
Days on Market (Pending Sale) ...........................
38
30
54
50
31.6%
Month’s Supply of Inventory ................................
4.2
4.2
4.6
5.5
32.3%
Percent Under Contract ........................................
37.0%
27.5%
20.7%
24.1%
-34.8%
Average Median Price for Last 12 Months ........
$1,897,813
$2,123,833
$2,040,000
$2,130,231
12.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.700
FEB
$1,770,000
MAR APR
MEDIAN SALES PRICE
MAY
$854
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Palos Verdes Estates DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,480,000
$1,995,000
$1,625,000
$1,439,000
-2.8%
Average Price per Square Foot ...........................
$1,143
$748
$777
$647
-43.4%
Properties Sold .......................................................
9
23
14
7
-22.2%
Properties Pending Sale .......................................
16
17
9
16
0.0%
Properties For Sale ................................................
66
82
81
73
10.6%
Days on Market (Pending Sale) ...........................
92
38
52
50
-45.7%
Month’s Supply of Inventory ................................
7.3
3.6
5.8
10.4
42.2%
Percent Under Contract ........................................
24.2%
20.7%
11.1%
21.9%
-9.6%
Average Median Price for Last 12 Months ........
$1,653,438
$1,697,367
$1,598,833
$1,745,900
5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.480
FEB
$1,439,000
MAR APR
MEDIAN SALES PRICE
MAY
$647
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
10.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.439 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Rancho Palos Verdes DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,262,500
$1,150,000
$1,166,500
$1,174,500
-7.0%
Average Price per Square Foot ...........................
$497
$615
$553
$561
12.9%
Properties Sold .......................................................
20
39
40
22
10.0%
Properties Pending Sale .......................................
21
33
36
19
-9.5%
Properties For Sale ................................................
104
169
171
113
8.7%
Days on Market (Pending Sale) ...........................
75
47
57
78
4.0%
Month’s Supply of Inventory ................................
5.2
4.3
4.3
5.1
-1.2%
Percent Under Contract ........................................
20.2%
19.5%
21.1%
16.8%
-16.7%
Average Median Price for Last 12 Months ........
$1,171,867
$1,185,764
$1,171,362
$1,179,968
0.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.262
FEB
$1,174,500
MAR APR
MEDIAN SALES PRICE
MAY
$561
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.174 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Redondo Beach- North DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$851,000
$890,000
$920,000
$897,500
5.5%
Average Price per Square Foot ...........................
$530
$502
$540
$542
2.3%
Properties Sold .......................................................
12
26
17
12
0.0%
Properties Pending Sale .......................................
11
29
25
10
-9.1%
Properties For Sale ................................................
29
54
53
30
3.4%
Days on Market (Pending Sale) ...........................
41
27
40
14
-65.9%
Month’s Supply of Inventory ................................
2.4
2.1
3.1
2.5
3.4%
Percent Under Contract ........................................
37.9%
53.7%
47.2%
33.3%
-12.1%
Average Median Price for Last 12 Months ........
$797,733
$875,000
$851,000
$879,698
10.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$851
FEB
$897,500
MAR APR
MEDIAN SALES PRICE
MAY
$542
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$897 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Redondo Beach- South DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,150,000
$1,407,500
$1,267,000
$1,072,500
-6.7%
Average Price per Square Foot ...........................
$692
$681
$630
$673
-2.7%
Properties Sold .......................................................
8
16
26
12
50.0%
Properties Pending Sale .......................................
13
13
12
8
-38.5%
Properties For Sale ................................................
38
51
50
31
-18.4%
Days on Market (Pending Sale) ...........................
61
17
35
35
-42.6%
Month’s Supply of Inventory ................................
4.8
3.2
1.9
2.6
-45.6%
Percent Under Contract ........................................
34.2%
25.5%
24.0%
25.8%
-24.6%
Average Median Price for Last 12 Months ........
$1,069,167
$1,212,208
$1,186,083
$1,196,404
11.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.150
FEB
$1,072,500
MAR APR
MEDIAN SALES PRICE
MAY
$673
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.072 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Rolling Hills DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$3,112,500
$3,765,000
$3,300,000
$0
-100.0%
Average Price per Square Foot ...........................
$815
$1,117
$820
$0
-100.0%
Properties Sold .......................................................
2
2
3
0
-100.0%
Properties Pending Sale .......................................
4
0
3
2
-50.0%
Properties For Sale ................................................
18
23
25
22
22.2%
Days on Market (Pending Sale) ...........................
120
0
6
44
-63.3%
Month’s Supply of Inventory ................................
9
11.5
8.3
n/a
n/a
Percent Under Contract ........................................
22.2%
0.0%
12.0%
9.1%
-59.1%
Average Median Price for Last 12 Months ........
$3,214,053
$3,486,125
$3,057,250
$3,379,091
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$3.112
FEB
No sales
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
n/a 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 2016
telesproperties.com
Rolling Hills Estates DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,565,500
$1,287,500
$1,435,000
$2,756,000
76.0%
Average Price per Square Foot ...........................
$633
$564
$523
$824
30.2%
Properties Sold .......................................................
4
8
6
2
-50.0%
Properties Pending Sale .......................................
6
13
8
5
-16.7%
Properties For Sale ................................................
14
34
24
20
42.9%
Days on Market (Pending Sale) ...........................
65
44
63
26
-60.0%
Month’s Supply of Inventory ................................
3.5
4.2
4
10
185.7%
Percent Under Contract ........................................
42.9%
38.2%
33.3%
25.0%
-41.7%
Average Median Price for Last 12 Months ........
$1,392,544
$1,803,042
$1,960,333
$1,596,346
14.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.565
FEB
$2,756,000
MAR APR
MEDIAN SALES PRICE
MAY
$824
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
10 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.756 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
San Pedro DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$554,500
$525,000
$629,000
$529,000
-4.6%
Average Price per Square Foot ...........................
$408
$416
$377
$357
-12.5%
Properties Sold .......................................................
16
46
30
26
62.5%
Properties Pending Sale .......................................
27
44
38
30
11.1%
Properties For Sale ................................................
125
148
135
116
-7.2%
Days on Market (Pending Sale) ...........................
62
33
68
68
9.7%
Month’s Supply of Inventory ................................
7.8
3.2
4.5
4.5
-42.9%
Percent Under Contract ........................................
21.6%
29.7%
28.1%
25.9%
19.7%
Average Median Price for Last 12 Months ........
$536,313
$566,667
$569,667
$549,654
2.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$554
FEB
$529,000
MAR APR
MEDIAN SALES PRICE
MAY
$357
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$529 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Torrance- County Strip DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$473,750
$455,000
$440,000
$460,000
-2.9%
Average Price per Square Foot ...........................
$299
$360
$354
$395
32.1%
Properties Sold .......................................................
4
8
7
5
25.0%
Properties Pending Sale .......................................
4
6
6
7
75.0%
Properties For Sale ................................................
21
20
22
24
14.3%
Days on Market (Pending Sale) ...........................
43
32
40
31
-27.9%
Month’s Supply of Inventory ................................
5.2
2.5
3.1
4.8
-8.6%
Percent Under Contract ........................................
19.0%
30.0%
27.3%
29.2%
53.1%
Average Median Price for Last 12 Months ........
$445,500
$486,208
$490,750
$473,769
6.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$473
FEB
$460,000
MAR APR
MEDIAN SALES PRICE
MAY
$395
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$460 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Torrance- North DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$581,500
$630,000
$563,500
$595,000
2.3%
Average Price per Square Foot ...........................
$390
$407
$387
$411
5.4%
Properties Sold .......................................................
10
31
22
13
30.0%
Properties Pending Sale .......................................
15
22
19
13
-13.3%
Properties For Sale ................................................
37
56
70
44
18.9%
Days on Market (Pending Sale) ...........................
39
23
30
57
46.2%
Month’s Supply of Inventory ................................
3.7
1.8
3.2
3.4
-8.5%
Percent Under Contract ........................................
40.5%
39.3%
27.1%
29.5%
-27.1%
Average Median Price for Last 12 Months ........
$550,363
$605,829
$608,825
$597,340
8.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$581
FEB
$595,000
MAR APR
MEDIAN SALES PRICE
MAY
$411
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$595 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Torrance- South DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$795,000
$881,250
$875,000
$733,012
-7.8%
Average Price per Square Foot ...........................
$435
$460
$496
$466
7.1%
Properties Sold .......................................................
17
20
17
16
-5.9%
Properties Pending Sale .......................................
11
19
20
15
36.4%
Properties For Sale ................................................
36
65
69
42
16.7%
Days on Market (Pending Sale) ...........................
35
27
59
28
-20.0%
Month’s Supply of Inventory ................................
2.1
3.2
4.1
2.6
24.0%
Percent Under Contract ........................................
30.6%
29.2%
29.0%
35.7%
16.9%
Average Median Price for Last 12 Months ........
$796,938
$844,919
$799,171
$838,762
5.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$795
FEB
$733,012
MAR APR
MEDIAN SALES PRICE
MAY
$466
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$733 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Torrance- Southeast DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$675,000
$605,000
$591,500
$680,000
0.7%
Average Price per Square Foot ...........................
$338
$346
$369
$401
18.6%
Properties Sold .......................................................
3
12
14
9
200.0%
Properties Pending Sale .......................................
10
15
14
9
-10.0%
Properties For Sale ................................................
56
49
45
45
-19.6%
Days on Market (Pending Sale) ...........................
54
50
43
80
48.1%
Month’s Supply of Inventory ................................
18.7
4.1
3.2
5
-73.2%
Percent Under Contract ........................................
17.9%
30.6%
31.1%
20.0%
12.0%
Average Median Price for Last 12 Months ........
$587,569
$595,000
$637,417
$606,346
3.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$675
FEB
$680,000
MAR APR
MEDIAN SALES PRICE
MAY
$401
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5 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 2016
telesproperties.com
Torrance- West DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$780,500
$765,000
$779,000
$830,000
6.3%
Average Price per Square Foot ...........................
$431
$532
$440
$493
14.4%
Properties Sold .......................................................
8
21
12
11
37.5%
Properties Pending Sale .......................................
9
15
16
10
11.1%
Properties For Sale ................................................
31
36
32
29
-6.5%
Days on Market (Pending Sale) ...........................
20
26
23
26
30.0%
Month’s Supply of Inventory ................................
3.9
1.7
2.7
2.6
-32.0%
Percent Under Contract ........................................
29.0%
41.7%
50.0%
34.5%
18.8%
Average Median Price for Last 12 Months ........
$728,000
$797,750
$818,333
$785,646
7.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$780
FEB
$830,000
MAR APR
MEDIAN SALES PRICE
MAY
$493
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$830 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
San Fernando Valley Macro Market DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$732,643
$834,857
$788,929
$719,993
-1.7%
Average Price per Square Foot ...........................
$420
$429
$425
$427
1.8%
Properties Sold .......................................................
274
545
433
319
16.4%
Properties Pending Sale .......................................
398
651
498
364
-8.5%
Properties For Sale ................................................
892
1,056
1,080
796
-10.8%
Days on Market (Pending Sale) ...........................
63
57
55
70
10.6%
Month’s Supply of Inventory ................................
3.3
1.9
2.5
2.5
-23.4%
Percent Under Contract ........................................
44.6%
61.6%
46.1%
45.7%
2.5%
Average Median Price for Last 12 Months ........
$765,964
$796,451
$772,640
$795,274
3.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$732
FEB
$719,993
MAR APR
MEDIAN SALES PRICE
MAY
$427
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$719 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Burbank DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$650,000
$683,000
$676,000
$725,000
11.5%
Average Price per Square Foot ...........................
$438
$470
$448
$479
9.4%
Properties Sold .......................................................
29
65
44
35
20.7%
Properties Pending Sale .......................................
34
63
60
38
11.8%
Properties For Sale ................................................
83
107
97
69
-16.9%
Days on Market (Pending Sale) ...........................
50
55
51
53
6.0%
Month’s Supply of Inventory ................................
2.9
1.6
2.2
2
-31.1%
Percent Under Contract ........................................
41.0%
58.9%
61.9%
55.1%
34.4%
Average Median Price for Last 12 Months ........
$649,500
$716,833
$735,000
$692,308
6.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$650
FEB
$725,000
MAR APR
MEDIAN SALES PRICE
MAY
$479
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2 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 2016
telesproperties.com
Encino DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,001,000
$1,262,000
$982,000
$1,106,000
10.5%
Average Price per Square Foot ...........................
$454
$470
$486
$461
1.5%
Properties Sold .......................................................
26
49
38
40
53.8%
Properties Pending Sale .......................................
40
50
42
27
-32.5%
Properties For Sale ................................................
98
75
124
91
-7.1%
Days on Market (Pending Sale) ...........................
66
58
62
75
13.6%
Month’s Supply of Inventory ................................
3.8
1.5
3.3
2.3
-39.6%
Percent Under Contract ........................................
40.8%
66.7%
33.9%
29.7%
-27.3%
Average Median Price for Last 12 Months ........
$1,079,750
$1,132,833
$1,112,000
$1,132,981
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.001
FEB
$1,106,000
MAR APR
MEDIAN SALES PRICE
MAY
$461
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.106 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Glendale DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$701,000
$863,000
$823,000
$775,000
10.6%
Average Price per Square Foot ...........................
$408
$440
$436
$456
11.8%
Properties Sold .......................................................
36
76
56
53
47.2%
Properties Pending Sale .......................................
48
96
67
49
2.1%
Properties For Sale ................................................
86
114
108
84
-2.3%
Days on Market (Pending Sale) ...........................
48
48
53
67
39.6%
Month’s Supply of Inventory ................................
2.4
1.5
1.9
1.6
-33.7%
Percent Under Contract ........................................
55.8%
84.2%
62.0%
58.3%
4.5%
Average Median Price for Last 12 Months ........
$728,083
$797,833
$782,000
$792,308
8.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$701
FEB
$775,000
MAR APR
MEDIAN SALES PRICE
MAY
$456
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$775 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
La Crescenta DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$650,000
$695,000
$820,000
$760,000
16.9%
Average Price per Square Foot ...........................
$412
$437
$461
$449
9.0%
Properties Sold .......................................................
10
29
17
13
30.0%
Properties Pending Sale .......................................
9
25
19
13
44.4%
Properties For Sale ................................................
12
28
29
20
66.7%
Days on Market (Pending Sale) ...........................
60
48
43
58
-3.3%
Month’s Supply of Inventory ................................
1.2
1
1.7
1.5
28.2%
Percent Under Contract ........................................
75.0%
89.3%
65.5%
65.0%
-13.3%
Average Median Price for Last 12 Months ........
$717,000
$774,833
$733,000
$749,231
4.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$650
FEB
$760,000
MAR APR
MEDIAN SALES PRICE
MAY
$449
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$760 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
North Hollywood DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$440,000
$485,000
$505,000
$508,000
15.5%
Average Price per Square Foot ...........................
$338
$323
$361
$345
2.1%
Properties Sold .......................................................
33
44
39
26
-21.2%
Properties Pending Sale .......................................
41
59
45
36
-12.2%
Properties For Sale ................................................
59
61
67
49
-16.9%
Days on Market (Pending Sale) ...........................
70
65
66
54
-22.9%
Month’s Supply of Inventory ................................
1.8
1.4
1.7
1.9
5.4%
Percent Under Contract ........................................
69.5%
96.7%
67.2%
73.5%
5.7%
Average Median Price for Last 12 Months ........
$450,417
$513,000
$510,333
$487,038
8.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$440
FEB
$508,000
MAR APR
MEDIAN SALES PRICE
MAY
$345
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1.9 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$508 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Shadow Hills DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$0
$900,000
$665,000
$609,000
n/a
Average Price per Square Foot ...........................
$0
$362
$285
$392
n/a
Properties Sold .......................................................
0
6
4
2
n/a
Properties Pending Sale .......................................
0
3
5
3
n/a
Properties For Sale ................................................
11
9
11
14
27.3%
Days on Market (Pending Sale) ...........................
0
91
52
78
n/a
Month’s Supply of Inventory ................................
n/a
1.5
2.8
7
n/a
Percent Under Contract ........................................
0.0%
33.3%
45.5%
21.4%
n/a
Average Median Price for Last 12 Months ........
$700,417
$624,167
$593,667
$643,692
-8.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN FEB
$609,000
MAR APR
MEDIAN SALES PRICE
MAY
$392
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$609 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Sherman Oaks DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$927,000
$905,000
$941,000
$1,051
-99.9%
Average Price per Square Foot ...........................
$440
$485
$492
$460
4.5%
Properties Sold .......................................................
34
66
62
34
0.0%
Properties Pending Sale .......................................
39
76
49
45
15.4%
Properties For Sale ................................................
115
133
161
105
-8.7%
Days on Market (Pending Sale) ...........................
64
51
64
58
-9.4%
Month’s Supply of Inventory ................................
3.4
2
2.6
3.1
-8.7%
Percent Under Contract ........................................
33.9%
57.1%
30.4%
42.9%
26.4%
Average Median Price for Last 12 Months ........
$896,667
$787,842
$624,017
$886,869
-1.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $927
JAN FEB
$1,051
MAR APR
MEDIAN SALES PRICE
MAY
$460
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Studio City DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,275,000
$1,425,000
$1,390,000
$1,260,000
-1.2%
Average Price per Square Foot ...........................
$532
$602
$608
$562
5.6%
Properties Sold .......................................................
12
38
21
18
50.0%
Properties Pending Sale .......................................
27
46
41
28
3.7%
Properties For Sale ................................................
57
98
96
72
26.3%
Days on Market (Pending Sale) ...........................
65
45
42
89
36.9%
Month’s Supply of Inventory ................................
4.8
2.6
4.6
4
-15.8%
Percent Under Contract ........................................
47.4%
46.9%
42.7%
38.9%
-17.9%
Average Median Price for Last 12 Months ........
$1,169,500
$1,334,667
$1,284,333
$1,286,346
10.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.275
FEB
$1,260,000
MAR APR
MEDIAN SALES PRICE
MAY
$562
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.260 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Sun Valley DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$425,000
$395,000
$406,000
$425,000
0.0%
Average Price per Square Foot ...........................
$322
$320
$345
$290
-9.9%
Properties Sold .......................................................
15
16
19
10
-33.3%
Properties Pending Sale .......................................
21
31
24
14
-33.3%
Properties For Sale ................................................
44
42
35
28
-36.4%
Days on Market (Pending Sale) ...........................
70
49
58
71
1.4%
Month’s Supply of Inventory ................................
2.9
2.6
1.8
2.8
-4.5%
Percent Under Contract ........................................
47.7%
73.8%
68.6%
50.0%
4.8%
Average Median Price for Last 12 Months ........
$404,250
$441,667
$431,667
$435,692
7.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$425
FEB
$425,000
MAR APR
MEDIAN SALES PRICE
MAY
$290
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.8 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 2016
telesproperties.com
Sunland/Tujunga DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$515,000
$508,000
$483,000
$548,000
6.4%
Average Price per Square Foot ...........................
$335
$348
$345
$310
-7.5%
Properties Sold .......................................................
19
44
34
20
5.3%
Properties Pending Sale .......................................
29
40
31
23
-20.7%
Properties For Sale ................................................
64
77
78
52
-18.8%
Days on Market (Pending Sale) ...........................
69
51
62
74
7.2%
Month’s Supply of Inventory ................................
3.4
1.8
2.3
2.6
-22.8%
Percent Under Contract ........................................
45.3%
51.9%
39.7%
44.2%
-2.4%
Average Median Price for Last 12 Months ........
$472,417
$513,167
$517,667
$497,269
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$515
FEB
$548,000
MAR APR
MEDIAN SALES PRICE
MAY
$310
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$548 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Tarzana DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$915,000
$1,075,000
$782,000
$842,000
-8.0%
Average Price per Square Foot ...........................
$399
$395
$366
$367
-8.0%
Properties Sold .......................................................
19
23
32
20
5.3%
Properties Pending Sale .......................................
20
32
34
21
5.0%
Properties For Sale ................................................
70
110
83
61
-12.9%
Days on Market (Pending Sale) ...........................
75
81
72
63
-16.0%
Month’s Supply of Inventory ................................
3.7
4.8
2.6
3
-17.2%
Percent Under Contract ........................................
28.6%
29.1%
41.0%
34.4%
20.5%
Average Median Price for Last 12 Months ........
$887,667
$841,333
$864,667
$895,154
0.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$915
FEB
$842,000
MAR APR
MEDIAN SALES PRICE
MAY
$367
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$842 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Toluca Lake DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,275,000
$900,000
$945,000
$1,743,000
36.7%
Average Price per Square Foot ...........................
$684
$518
$522
$605
-11.5%
Properties Sold .......................................................
3
11
3
6
100.0%
Properties Pending Sale .......................................
6
7
3
7
16.7%
Properties For Sale ................................................
17
20
22
11
-35.3%
Days on Market (Pending Sale) ...........................
113
44
21
82
-27.4%
Month’s Supply of Inventory ................................
5.7
1.8
7.3
1.8
-67.6%
Percent Under Contract ........................................
35.3%
35.0%
13.6%
63.6%
80.3%
Average Median Price for Last 12 Months ........
$1,108,500
$1,180,833
$1,265,333
$1,111,577
0.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.275
FEB
$1,743,000
MAR APR
MEDIAN SALES PRICE
MAY
$605
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.743 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Valley Village DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$778,000
$895,000
$875,000
$777,000
-0.1%
Average Price per Square Foot ...........................
$406
$495
$456
$457
12.6%
Properties Sold .......................................................
10
8
11
7
-30.0%
Properties Pending Sale .......................................
16
18
7
8
-50.0%
Properties For Sale ................................................
10
9
17
17
70.0%
Days on Market (Pending Sale) ...........................
39
43
68
90
130.8%
Month’s Supply of Inventory ................................
1
1.1
1.5
2.4
142.9%
Percent Under Contract ........................................
160.0%
200.0%
41.2%
47.1%
-70.6%
Average Median Price for Last 12 Months ........
$763,500
$873,333
$852,333
$855,538
12.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$778
FEB
$777,000
MAR APR
MEDIAN SALES PRICE
MAY
$457
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$777 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Woodland Hills DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$705,000
$697,000
$752,000
$848
-99.9%
Average Price per Square Foot ...........................
$290
$338
$345
$349
20.3%
Properties Sold .......................................................
28
70
53
35
25.0%
Properties Pending Sale .......................................
68
105
71
52
-23.5%
Properties For Sale ................................................
166
173
152
123
-25.9%
Days on Market (Pending Sale) ...........................
95
72
57
66
-30.5%
Month’s Supply of Inventory ................................
5.9
2.5
2.9
3.5
-40.7%
Percent Under Contract ........................................
41.0%
60.7%
46.7%
42.3%
3.2%
Average Median Price for Last 12 Months ........
$695,833
$617,975
$510,949
$667,834
-4.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $705
JAN FEB
$848
MAR APR
MEDIAN SALES PRICE
MAY
$349
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$0 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
San Gabriel Valley Macro Market DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$922,500
$966,167
$1,007,000
$962,083
4.3%
Average Price per Square Foot ...........................
$484
$526
$505
$491
1.3%
Properties Sold .......................................................
17
32
24
17
-2.5%
Properties Pending Sale .......................................
22
33
29
21
-1.6%
Properties For Sale ................................................
57
83
74
53
-7.9%
Days on Market (Pending Sale) ...........................
70
48
61
64
-8.6%
Month’s Supply of Inventory ................................
3.4
2.6
3.1
3.2
-5.6%
Percent Under Contract ........................................
37.7%
39.4%
38.8%
40.3%
6.9%
Average Median Price for Last 12 Months ........
$11,237,333
$1,001,250
$1,001,694
$990,201
-91.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$922
FEB
$962,083
MAR APR
MEDIAN SALES PRICE
MAY
$491
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$962 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Alhambra DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$541,000
$525,000
$575,000
$635,000
17.4%
Average Price per Square Foot ...........................
$348
$372
$402
$365
4.9%
Properties Sold .......................................................
21
49
23
9
-57.1%
Properties Pending Sale .......................................
29
39
21
21
-27.6%
Properties For Sale ................................................
71
90
49
40
-43.7%
Days on Market (Pending Sale) ...........................
73
45
42
72
-1.4%
Month’s Supply of Inventory ................................
3.4
1.8
2.1
4.4
31.5%
Percent Under Contract ........................................
40.8%
43.3%
42.9%
52.5%
28.5%
Average Median Price for Last 12 Months ........
$534,583
$599,167
$593,333
$557,308
4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$541
FEB
$635,000
MAR APR
MEDIAN SALES PRICE
MAY
$365
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.4 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 2016
telesproperties.com
Altadena DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$649,000
$785,000
$679,000
$757,000
16.6%
Average Price per Square Foot ...........................
$369
$462
$431
$446
20.9%
Properties Sold .......................................................
15
39
30
20
33.3%
Properties Pending Sale .......................................
31
35
31
27
-12.9%
Properties For Sale ................................................
60
72
64
41
-31.7%
Days on Market (Pending Sale) ...........................
93
54
94
69
-25.8%
Month’s Supply of Inventory ................................
4
1.8
2.1
2
-48.8%
Percent Under Contract ........................................
51.7%
48.6%
48.4%
65.9%
27.5%
Average Median Price for Last 12 Months ........
$611,250
$697,667
$738,000
$686,077
12.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$649
FEB
$757,000
MAR APR
MEDIAN SALES PRICE
MAY
$446
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$757 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Arcadia DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,330,000
$1,210,000
$1,305,000
$1,220,000
-8.3%
Average Price per Square Foot ...........................
$561
$562
$556
$527
-6.1%
Properties Sold .......................................................
31
43
46
22
-29.0%
Properties Pending Sale .......................................
34
46
51
29
-14.7%
Properties For Sale ................................................
169
286
241
185
9.5%
Days on Market (Pending Sale) ...........................
64
66
74
80
25.0%
Month’s Supply of Inventory ................................
5.5
6.7
5.2
8.4
54.2%
Percent Under Contract ........................................
20.1%
16.1%
21.2%
15.7%
-22.1%
Average Median Price for Last 12 Months ........
$1,375,250
$1,311,333
$1,325,000
$1,296,962
-5.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.330
FEB
$1,220,000
MAR APR
MEDIAN SALES PRICE
MAY
$527
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
8.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.220 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Duarte DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$440,000
$425,000
$475,000
$474,000
7.7%
Average Price per Square Foot ...........................
$356
$396
$332
$333
-6.5%
Properties Sold .......................................................
9
7
16
14
55.6%
Properties Pending Sale .......................................
17
17
16
17
0.0%
Properties For Sale ................................................
23
38
38
21
-8.7%
Days on Market (Pending Sale) ...........................
73
44
50
76
4.1%
Month’s Supply of Inventory ................................
2.6
5.4
2.4
1.5
-41.3%
Percent Under Contract ........................................
73.9%
44.7%
42.1%
81.0%
9.5%
Average Median Price for Last 12 Months ........
$426,000
$461,500
$474,000
$458,923
7.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$440
FEB
$474,000
MAR APR
MEDIAN SALES PRICE
MAY
$333
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$474 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Eagle Rock DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$605,000
$675,000
$693,000
$675,000
11.6%
Average Price per Square Foot ...........................
$457
$457
$475
$511
11.8%
Properties Sold .......................................................
5
19
14
11
120.0%
Properties Pending Sale .......................................
8
20
14
12
50.0%
Properties For Sale ................................................
25
34
42
27
8.0%
Days on Market (Pending Sale) ...........................
74
39
45
46
-37.8%
Month’s Supply of Inventory ................................
5
1.8
3
2.5
-50.9%
Percent Under Contract ........................................
32.0%
58.8%
33.3%
44.4%
38.9%
Average Median Price for Last 12 Months ........
$678,917
$702,833
$691,333
$696,077
2.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$605
FEB
$675,000
MAR APR
MEDIAN SALES PRICE
MAY
$511
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.5 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 2016
telesproperties.com
La Canada Flintridge DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,490,000
$1,435,000
$1,606,000
$1,600,000
7.4%
Average Price per Square Foot ...........................
$555
$596
$644
$593
6.8%
Properties Sold .......................................................
9
29
20
13
44.4%
Properties Pending Sale .......................................
13
27
28
14
7.7%
Properties For Sale ................................................
32
61
42
33
3.1%
Days on Market (Pending Sale) ...........................
100
50
80
44
-56.0%
Month’s Supply of Inventory ................................
3.6
2.1
2.1
2.5
-28.6%
Percent Under Contract ........................................
40.6%
44.3%
66.7%
42.4%
4.4%
Average Median Price for Last 12 Months ........
$1,367,250
$1,603,333
$1,648,667
$1,623,694
18.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.490
FEB
$1,600,000
MAR APR
MEDIAN SALES PRICE
MAY
$593
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.600 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 2016
telesproperties.com
Monrovia DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$534,000
$650,000
$728,000
$590,000
10.5%
Average Price per Square Foot ...........................
$391
$434
$394
$440
12.5%
Properties Sold .......................................................
22
26
26
19
-13.6%
Properties Pending Sale .......................................
18
34
23
19
5.6%
Properties For Sale ................................................
52
63
61
46
-11.5%
Days on Market (Pending Sale) ...........................
66
38
84
45
-31.8%
Month’s Supply of Inventory ................................
2.4
2.4
2.3
2.4
2.4%
Percent Under Contract ........................................
34.6%
54.0%
37.7%
41.3%
19.3%
Average Median Price for Last 12 Months ........
$598,667
$646,833
$615,000
$615,692
2.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$534
FEB
$590,000
MAR APR
MEDIAN SALES PRICE
MAY
$440
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$590 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Pasadena DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$700,000
$800,000
$800,000
$887,000
26.7%
Average Price per Square Foot ...........................
$497
$547
$549
$504
1.4%
Properties Sold .......................................................
58
97
73
54
-6.9%
Properties Pending Sale .......................................
66
101
97
61
-7.6%
Properties For Sale ................................................
157
193
203
129
-17.8%
Days on Market (Pending Sale) ...........................
69
58
57
59
-14.5%
Month’s Supply of Inventory ................................
2.7
2
2.8
2.4
-11.7%
Percent Under Contract ........................................
42.0%
52.3%
47.8%
47.3%
12.5%
Average Median Price for Last 12 Months ........
$745,917
$803,833
$821,333
$791,077
6.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$700
FEB
$887,000
MAR APR
MEDIAN SALES PRICE
MAY
$504
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$887 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
San Gabriel DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$828,000
$710,000
$677,000
$738,000
-10.9%
Average Price per Square Foot ...........................
$420
$432
$418
$419
-0.2%
Properties Sold .......................................................
13
33
25
17
30.8%
Properties Pending Sale .......................................
17
25
29
20
17.6%
Properties For Sale ................................................
47
77
70
48
2.1%
Days on Market (Pending Sale) ...........................
66
47
45
79
19.7%
Month’s Supply of Inventory ................................
3.6
2.3
2.8
2.8
-21.9%
Percent Under Contract ........................................
36.2%
32.5%
41.4%
41.7%
15.2%
Average Median Price for Last 12 Months ........
$698,833
$719,000
$735,000
$719,192
2.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$828
FEB
$738,000
MAR APR
MEDIAN SALES PRICE
MAY
$419
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$738 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
San Marino DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,875,000
$2,192,000
$2,275,000
$1,850,000
-1.3%
Average Price per Square Foot ...........................
$856
$875
$845
$775
-9.5%
Properties Sold .......................................................
4
8
10
7
75.0%
Properties Pending Sale .......................................
10
17
11
18
80.0%
Properties For Sale ................................................
21
41
44
37
76.2%
Days on Market (Pending Sale) ...........................
26
45
62
73
180.8%
Month’s Supply of Inventory ................................
5.2
5.1
4.4
5.3
0.7%
Percent Under Contract ........................................
47.6%
41.5%
25.0%
48.6%
2.2%
Average Median Price for Last 12 Months ........
$2,163,167
$2,221,500
$2,213,000
$2,270,077
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.875
FEB
$1,850,000
MAR APR
MEDIAN SALES PRICE
MAY
$775
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.850 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 2016
telesproperties.com
Sierra Madre DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$938,000
$962,000
$971,000
$1,114,000
18.8%
Average Price per Square Foot ...........................
$482
$512
$489
$503
4.4%
Properties Sold .......................................................
13
18
5
6
-53.8%
Properties Pending Sale .......................................
7
11
12
7
0.0%
Properties For Sale ................................................
17
15
19
6
-64.7%
Days on Market (Pending Sale) ...........................
44
48
50
60
36.4%
Month’s Supply of Inventory ................................
1.3
0.8
3.8
1
-23.5%
Percent Under Contract ........................................
41.2%
73.3%
63.2%
116.7%
183.3%
Average Median Price for Last 12 Months ........
$866,667
$999,000
$971,000
$974,115
12.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$938
FEB
$1,114,000
MAR APR
MEDIAN SALES PRICE
MAY
$503
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.114 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
South Pasadena DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,140,000
$1,225,000
$1,300,000
$1,005,000
-11.8%
Average Price per Square Foot ...........................
$520
$667
$524
$470
-9.6%
Properties Sold .......................................................
4
13
4
7
75.0%
Properties Pending Sale .......................................
8
20
13
9
12.5%
Properties For Sale ................................................
11
24
19
18
63.6%
Days on Market (Pending Sale) ...........................
97
45
53
69
-28.9%
Month’s Supply of Inventory ................................
2.8
1.8
4.8
2.6
-6.5%
Percent Under Contract ........................................
72.7%
83.3%
68.4%
50.0%
-31.2%
Average Median Price for Last 12 Months ........
$1,170,833
$1,249,000
$1,194,667
$1,193,214
1.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.140
FEB
$1,005,000
MAR APR
MEDIAN SALES PRICE
MAY
$470
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.005 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Orange County
Orange County Macro
Ladera Ranch
San Clemente
Aliso Viejo
Laguna Beach
San Juan Capistrano
Balboa Peninsula
Laguna Hills
Shady Canyon
Corona del Mar - Spyglass
Laguna Niguel
Turtle Ridge
Coto de Caza
Laguna Woods
Turtle Rock
Crystal Cove
Lower Newport Bay - Balboa Island
West Bay - Santa Ana Heights
Dana Point
Mission Viejo
West Newport - Lido
East Bluff - Harbor View
Nelle Gail
Westminster
East Costa Mesa
Newport Beach
Fountain Valley
Newport Coast
Huntington Beach
Newport Heights
Irvine
Rancho Santa Margarita
Micro Market Report : January 2016
telesproperties.com
County: ORANGE Area: 948 SQ MILES Founded: 1889
Micro Market Report : January 2016
telesproperties.com
Orange County DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$650,000
$715,000
$695,000
$695,000
6.9%
Average Price per Square Foot ...........................
$400
$415
$424
$423
5.8%
Properties Sold .......................................................
994
2013
1498
1144
15.1%
Properties Pending Sale .......................................
1426
1866
1635
1248
-12.5%
Properties For Sale ................................................
5,684
7,603
6,820
5,125
-9.8%
Days on Market (Pending Sale) ...........................
67
56
62
64
-4.5%
Month’s Supply of Inventory ................................
5.7
3.8
4.6
4.5
-21.7%
Percent Under Contract ........................................
25.1%
24.5%
24.0%
24.4%
-2.9%
Average Median Price for Last 12 Months ........
$668,012
$699,167
$698,333
$693,000
3.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$650
FEB
$695,000
MAR APR
MEDIAN SALES PRICE
MAY
$423
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.5 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 2016
telesproperties.com
Aliso Viejo DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$655,000
$760,000
$703,500
$775,000
18.3%
Average Price per Square Foot ...........................
$351
$370
$360
$379
8.0%
Properties Sold .......................................................
9
29
16
12
33.3%
Properties Pending Sale .......................................
20
27
19
20
0.0%
Properties For Sale ................................................
54
84
75
62
14.8%
Days on Market (Pending Sale) ...........................
93
43
63
50
-46.2%
Month’s Supply of Inventory ................................
6
2.9
4.7
5.2
-13.9%
Percent Under Contract ........................................
37.0%
32.1%
25.3%
32.3%
-12.9%
Average Median Price for Last 12 Months ........
$715,792
$749,917
$755,000
$736,885
2.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$655
FEB
$775,000
MAR APR
MEDIAN SALES PRICE
MAY
$379
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$775 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Balboa Peninsula DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$2,275,000
$4,550,000
$1,610,000
$2,825,000
24.2%
Average Price per Square Foot ...........................
$838
$1,613
$1,336
$1,087
29.7%
Properties Sold .......................................................
7
5
3
3
-57.1%
Properties Pending Sale .......................................
6
8
7
3
-50.0%
Properties For Sale ................................................
35
38
38
31
-11.4%
Days on Market (Pending Sale) ...........................
85
62
100
71
-16.5%
Month’s Supply of Inventory ................................
5
7.6
12.7
10.3
106.7%
Percent Under Contract ........................................
17.1%
21.1%
18.4%
9.7%
-43.5%
Average Median Price for Last 12 Months ........
$3,149,708
$2,478,750
$2,541,667
$2,763,231
-12.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$2.275
FEB
$2,825,000
MAR APR
MEDIAN SALES PRICE
MAY
$1,087
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
10.3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.825 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 2016
telesproperties.com
Corona del Mar - Spyglass DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$2,012,500
$2,951,500
$2,790,000
$2,595,000
28.9%
Average Price per Square Foot ...........................
$941
$1,099
$1,099
$918
-2.4%
Properties Sold .......................................................
6
8
16
9
50.0%
Properties Pending Sale .......................................
5
14
22
8
60.0%
Properties For Sale ................................................
66
108
104
80
21.2%
Days on Market (Pending Sale) ...........................
92
74
98
138
50.0%
Month’s Supply of Inventory ................................
11
13.5
6.5
8.9
-19.2%
Percent Under Contract ........................................
7.6%
13.0%
21.2%
10.0%
32.0%
Average Median Price for Last 12 Months ........
$2,243,250
$2,412,083
$2,633,500
$2,427,561
8.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$2.012
FEB
$2,595,000
MAR APR
MEDIAN SALES PRICE
MAY
$918
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
8.9 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.595 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Coto de Caza DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,461,000
$1,100,000
$1,185,000
$1,247,500
-14.6%
Average Price per Square Foot ...........................
$373
$326
$367
$314
-15.8%
Properties Sold .......................................................
15
15
15
11
-26.7%
Properties Pending Sale .......................................
18
16
12
17
-5.6%
Properties For Sale ................................................
100
139
125
97
-3.0%
Days on Market (Pending Sale) ...........................
90
73
72
90
0.0%
Month’s Supply of Inventory ................................
6.7
9.3
8.3
8.8
32.3%
Percent Under Contract ........................................
18.0%
11.5%
9.6%
17.5%
-2.6%
Average Median Price for Last 12 Months ........
$1,206,917
$1,176,583
$1,276,917
$1,165,836
-3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.461
FEB
$1,247,500
MAR APR
MEDIAN SALES PRICE
MAY
$314
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
8.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.247 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Crystal Cove DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$4,450,000
$4,680,000
$4,000,000
$4,000,000
-10.1%
Average Price per Square Foot ...........................
$1,172
$1,192
$1,061
$942
-19.6%
Properties Sold .......................................................
7
8
7
1
-85.7%
Properties Pending Sale .......................................
8
9
10
0
-100.0%
Properties For Sale ................................................
15
19
19
18
20.0%
Days on Market (Pending Sale) ...........................
244
24
278
0
-100.0%
Month’s Supply of Inventory ................................
2.1
2.4
2.7
18
740.0%
Percent Under Contract ........................................
53.3%
47.4%
52.6%
0.0%
-100.0%
Average Median Price for Last 12 Months ........
$5,121,917
$7,349,500
$8,250,000
$5,860,412
14.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$4.450
FEB
$4,000,000
MAR APR
MEDIAN SALES PRICE
MAY
$942
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
18 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$4.000 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Dana Point DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,083,000
$1,280,000
$922,500
$910,000
-16.0%
Average Price per Square Foot ...........................
$558
$772
$625
$610
9.3%
Properties Sold .......................................................
12
39
28
19
58.3%
Properties Pending Sale .......................................
26
39
23
16
-38.5%
Properties For Sale ................................................
153
190
150
135
-11.8%
Days on Market (Pending Sale) ...........................
61
86
115
82
34.4%
Month’s Supply of Inventory ................................
12.8
4.9
5.4
7.1
-44.3%
Percent Under Contract ........................................
17.0%
20.5%
15.3%
11.9%
-30.3%
Average Median Price for Last 12 Months ........
$920,982
$984,800
$948,967
$1,029,865
11.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.083
JAN FEB
$910,000
MAR APR
MEDIAN SALES PRICE
MAY
$610
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
7.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$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 2016
telesproperties.com
East Bluff - Harbor View DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,795,000
$1,930,000
$1,825,000
$2,047,500
14.1%
Average Price per Square Foot ...........................
$628
$669
$672
$730
16.2%
Properties Sold .......................................................
21
25
15
14
-33.3%
Properties Pending Sale .......................................
12
20
12
17
41.7%
Properties For Sale ................................................
80
103
95
80
0.0%
Days on Market (Pending Sale) ...........................
97
61
70
81
-16.5%
Month’s Supply of Inventory ................................
3.8
4.1
6.3
5.7
50.0%
Percent Under Contract ........................................
15.0%
19.4%
12.6%
21.2%
41.7%
Average Median Price for Last 12 Months ........
$1,764,292
$1,842,300
$1,851,267
$1,811,826
2.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.795
FEB
$2,047,500
MAR APR
MEDIAN SALES PRICE
MAY
$730
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.047 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
East Costa Mesa DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,055,000
$900,000
$892,250
$988,046
-6.3%
Average Price per Square Foot ...........................
$517
$540
$491
$687
32.9%
Properties Sold .......................................................
7
17
15
8
14.3%
Properties Pending Sale .......................................
24
20
20
13
-45.8%
Properties For Sale ................................................
53
62
55
40
-24.5%
Days on Market (Pending Sale) ...........................
63
58
65
62
-1.6%
Month’s Supply of Inventory ................................
7.6
3.6
3.7
5
-34.0%
Percent Under Contract ........................................
45.3%
32.3%
36.4%
32.5%
-28.2%
Average Median Price for Last 12 Months ........
$857,850
$984,049
$1,075,182
$957,771
11.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.055
FEB
$988,046
MAR APR
MEDIAN SALES PRICE
MAY
$687
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$988 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Fountain Valley DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$667,500
$759,000
$729,000
$674,500
1.0%
Average Price per Square Foot ...........................
$346
$377
$354
$355
2.6%
Properties Sold .......................................................
16
45
25
16
0.0%
Properties Pending Sale .......................................
20
43
32
19
-5.0%
Properties For Sale ................................................
52
97
78
58
11.5%
Days on Market (Pending Sale) ...........................
35
37
47
51
45.7%
Month’s Supply of Inventory ................................
3.2
2.2
3.1
3.6
11.5%
Percent Under Contract ........................................
38.5%
44.3%
41.0%
32.8%
-14.8%
Average Median Price for Last 12 Months ........
$675,833
$715,583
$704,833
$713,769
5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$667
FEB
$674,500
MAR APR
MEDIAN SALES PRICE
MAY
$355
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$674 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Huntington Beach DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$755,000
$795,000
$802,500
$801,000
6.1%
Average Price per Square Foot ...........................
$413
$453
$444
$480
16.2%
Properties Sold .......................................................
64
133
92
95
48.4%
Properties Pending Sale .......................................
90
126
118
80
-11.1%
Properties For Sale ................................................
293
451
412
283
-3.4%
Days on Market (Pending Sale) ...........................
65
51
55
49
-24.6%
Month’s Supply of Inventory ................................
4.6
3.4
4.5
3
-34.9%
Percent Under Contract ........................................
30.7%
27.9%
28.6%
28.3%
-8.0%
Average Median Price for Last 12 Months ........
$752,646
$806,917
$803,667
$793,269
5.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$755
FEB
$801,000
MAR APR
MEDIAN SALES PRICE
MAY
$480
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$801 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Irvine DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$935,694
$987,500
$965,500
$830,000
-11.3%
Average Price per Square Foot ...........................
$442
$479
$437
$456
3.2%
Properties Sold .......................................................
64
136
90
81
26.6%
Properties Pending Sale .......................................
81
90
80
85
4.9%
Properties For Sale ................................................
284
497
422
313
10.2%
Days on Market (Pending Sale) ...........................
78
50
72
76
-2.6%
Month’s Supply of Inventory ................................
4.4
3.7
4.7
3.9
-12.9%
Percent Under Contract ........................................
28.5%
18.1%
19.0%
27.2%
-4.8%
Average Median Price for Last 12 Months ........
$923,416
$953,417
$931,500
$948,780
2.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$935
FEB
$830,000
MAR APR
MEDIAN SALES PRICE
MAY
$456
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.9 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$830 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Ladera Ranch DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$810,000
$856,450
$929,900
$836,500
3.3%
Average Price per Square Foot ...........................
$331
$344
$350
$339
2.4%
Properties Sold .......................................................
13
42
21
16
23.1%
Properties Pending Sale .......................................
28
25
18
18
-35.7%
Properties For Sale ................................................
105
162
107
88
-16.2%
Days on Market (Pending Sale) ...........................
65
67
65
54
-16.9%
Month’s Supply of Inventory ................................
8.1
3.9
5.1
5.5
-31.9%
Percent Under Contract ........................................
26.7%
15.4%
16.8%
20.5%
-23.3%
Average Median Price for Last 12 Months ........
$839,172
$854,392
$800,483
$863,446
2.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$810
FEB
$836,500
MAR APR
MEDIAN SALES PRICE
MAY
$339
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$836 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Laguna Beach DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,862,000
$1,675,000
$1,775,000
$2,059,000
10.6%
Average Price per Square Foot ...........................
$1,062
$858
$1,451
$1,024
-3.6%
Properties Sold .......................................................
21
37
23
20
-4.8%
Properties Pending Sale .......................................
23
28
25
16
-30.4%
Properties For Sale ................................................
200
279
248
182
-9.0%
Days on Market (Pending Sale) ...........................
77
84
122
152
97.4%
Month’s Supply of Inventory ................................
9.5
7.5
10.8
9.1
-4.5%
Percent Under Contract ........................................
11.5%
10.0%
10.1%
8.8%
-23.6%
Average Median Price for Last 12 Months ........
$1,965,417
$1,976,417
$2,073,833
$1,916,942
-2.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.862
FEB
$2,059,000
MAR APR
MEDIAN SALES PRICE
MAY
$1,024
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
9.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.059 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Laguna Niguel DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$783,500
$861,000
$875,750
$806,500
2.9%
Average Price per Square Foot ...........................
$380
$375
$403
$400
5.3%
Properties Sold .......................................................
46
67
48
30
-34.8%
Properties Pending Sale .......................................
49
76
61
44
-10.2%
Properties For Sale ................................................
234
321
253
185
-20.9%
Days on Market (Pending Sale) ...........................
87
67
69
68
-21.8%
Month’s Supply of Inventory ................................
5.1
4.8
5.3
6.2
21.2%
Percent Under Contract ........................................
20.9%
23.7%
24.1%
23.8%
13.6%
Average Median Price for Last 12 Months ........
$803,871
$849,542
$842,167
$843,519
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$783
FEB
$806,500
MAR APR
MEDIAN SALES PRICE
MAY
$400
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$806 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Laguna Hills DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$725,000
$747,000
$1,110,000
$707,500
-2.4%
Average Price per Square Foot ...........................
$311
$367
$359
$389
25.1%
Properties Sold .......................................................
17
23
20
16
-5.9%
Properties Pending Sale .......................................
21
34
28
17
-19.0%
Properties For Sale ................................................
64
148
132
94
46.9%
Days on Market (Pending Sale) ...........................
74
56
52
74
0.0%
Month’s Supply of Inventory ................................
3.8
6.4
6.6
5.9
56.1%
Percent Under Contract ........................................
32.8%
23.0%
21.2%
18.1%
-44.9%
Average Median Price for Last 12 Months ........
$750,054
$809,580
$722,500
$786,037
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$725
FEB
$707,500
MAR APR
MEDIAN SALES PRICE
MAY
$389
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.9 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$707 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Laguna Woods DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$0
$0
$0
$0
n/a
Average Price per Square Foot ...........................
$0
$0
$0
$0
n/a
Properties Sold .......................................................
0
0
0
0
n/a
Properties Pending Sale .......................................
0
0
0
0
n/a
Properties For Sale ................................................
0
0
0
1
n/a
Days on Market (Pending Sale) ...........................
0
0
0
0
n/a
Month’s Supply of Inventory ................................
n/a
n/a
n/a
n/a
n/a
Percent Under Contract ........................................
n/a
n/a
n/a
0.0%
n/a
Average Median Price for Last 12 Months ........
$627,500
$798,000
n/a
$841,500
34.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN FEB
No sales
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
n/a 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 2016
telesproperties.com
Lower Newport Bay - Balboa Island DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$4,850,000
$5,387,500
$3,554,500
$4,202,500
-13.4%
Average Price per Square Foot ...........................
$1,077
$1,394
$1,513
$1,346
25.0%
Properties Sold .......................................................
1
4
4
6
500.0%
Properties Pending Sale .......................................
5
5
7
4
-20.0%
Properties For Sale ................................................
30
36
35
27
-10.0%
Days on Market (Pending Sale) ...........................
141
90
106
157
11.3%
Month’s Supply of Inventory ................................
30
9
8.7
4.5
-85.0%
Percent Under Contract ........................................
16.7%
13.9%
20.0%
14.8%
-11.1%
Average Median Price for Last 12 Months ........
$3,291,883
$3,179,417
$3,642,500
$3,349,645
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$4.850
FEB
$4,202,500
MAR APR
MEDIAN SALES PRICE
MAY
$1,346
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$4.202 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Mission Viejo DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$642,000
$677,000
$659,900
$697,000
8.6%
Average Price per Square Foot ...........................
$320
$342
$337
$349
9.1%
Properties Sold .......................................................
51
107
87
66
29.4%
Properties Pending Sale .......................................
61
102
92
54
-11.5%
Properties For Sale ................................................
220
346
304
201
-8.6%
Days on Market (Pending Sale) ...........................
64
56
64
56
-12.5%
Month’s Supply of Inventory ................................
4.3
3.2
3.5
3
-29.4%
Percent Under Contract ........................................
27.7%
29.5%
30.3%
26.9%
-3.1%
Average Median Price for Last 12 Months ........
$634,158
$667,817
$665,667
$664,338
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$642
FEB
$697,000
MAR APR
MEDIAN SALES PRICE
MAY
$349
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$697 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Monarch Beach DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,400,000
$1,703,500
$2,690,000
$1,520,500
8.6%
Average Price per Square Foot ...........................
$615
$914
$880
$992
61.3%
Properties Sold .......................................................
5
18
9
8
60.0%
Properties Pending Sale .......................................
9
14
8
6
-33.3%
Properties For Sale ................................................
73
83
67
70
-4.1%
Days on Market (Pending Sale) ...........................
90
68
213
94
4.4%
Month’s Supply of Inventory ................................
14.6
4.6
7.4
8.7
-40.1%
Percent Under Contract ........................................
12.3%
16.9%
11.9%
8.6%
-30.5%
Average Median Price for Last 12 Months ........
$1,431,833
$1,849,450
$1,547,233
$1,572,535
9.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.400
FEB
$1,520,500
MAR APR
MEDIAN SALES PRICE
MAY
$992
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
8.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.520 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Nelle Gail DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$725,000
$762,000
$1,120,000
$707,500
-2.4%
Average Price per Square Foot ...........................
$307
$367
$359
$391
27.4%
Properties Sold .......................................................
15
22
19
16
6.7%
Properties Pending Sale .......................................
19
33
27
17
-10.5%
Properties For Sale ................................................
70
145
131
93
32.9%
Days on Market (Pending Sale) ...........................
82
56
51
74
-9.8%
Month’s Supply of Inventory ................................
4.7
6.6
6.9
5.8
24.6%
Percent Under Contract ........................................
27.1%
22.8%
20.6%
18.3%
-32.7%
Average Median Price for Last 12 Months ........
$766,354
$819,165
$728,333
$799,872
4.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$725
FEB
$707,500
MAR APR
MEDIAN SALES PRICE
MAY
$391
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$707 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Newport Beach DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,749,000
$1,946,250
$2,035,000
$2,095,000
19.8%
Average Price per Square Foot ...........................
$795
$826
$862
$814
2.4%
Properties Sold .......................................................
33
63
41
41
24.2%
Properties Pending Sale .......................................
54
65
53
45
-16.7%
Properties For Sale ................................................
280
358
317
256
-8.6%
Days on Market (Pending Sale) ...........................
86
93
88
84
-2.3%
Month’s Supply of Inventory ................................
8.5
5.7
7.7
6.2
-26.4%
Percent Under Contract ........................................
19.3%
18.2%
16.7%
17.6%
-8.9%
Average Median Price for Last 12 Months ........
$1,817,425
$1,945,000
$1,906,667
$1,896,197
4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.749
FEB
$2,095,000
MAR APR
MEDIAN SALES PRICE
MAY
$814
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.095 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Newport Coast DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$3,500,000
$2,517,500
$2,598,000
$2,390,000
-31.7%
Average Price per Square Foot ...........................
$762
$1,084
$835
$786
3.1%
Properties Sold .......................................................
7
8
7
4
-42.9%
Properties Pending Sale .......................................
9
9
10
10
11.1%
Properties For Sale ................................................
75
99
100
91
21.3%
Days on Market (Pending Sale) ...........................
185
154
110
94
-49.2%
Month’s Supply of Inventory ................................
10.7
12.4
14.3
22.8
112.3%
Percent Under Contract ........................................
12.0%
9.1%
10.0%
11.0%
-8.4%
Average Median Price for Last 12 Months ........
$3,215,506
$3,174,927
$3,138,333
$3,211,312
-0.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $3.500
JAN FEB
$2,390,000
MAR APR
MEDIAN SALES PRICE
MAY
$786
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
22.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.390 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Newport Heights DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,077,000
$1,465,000
$1,290,000
$1,500,000
39.3%
Average Price per Square Foot ...........................
$582
$560
$564
$766
31.6%
Properties Sold .......................................................
6
6
3
5
-16.7%
Properties Pending Sale .......................................
5
3
5
3
-40.0%
Properties For Sale ................................................
28
33
33
20
-28.6%
Days on Market (Pending Sale) ...........................
92
54
67
120
30.4%
Month’s Supply of Inventory ................................
4.7
5.5
11
4
-14.3%
Percent Under Contract ........................................
17.9%
9.1%
15.2%
15.0%
-16.0%
Average Median Price for Last 12 Months ........
$1,812,830
$1,726,146
$1,489,167
$1,712,029
-5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.077
FEB
$1,500,000
MAR APR
MEDIAN SALES PRICE
MAY
$766
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Rancho Santa Margarita DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$648,000
$657,000
$703,000
$741,250
14.4%
Average Price per Square Foot ...........................
$310
$319
$332
$320
3.2%
Properties Sold .......................................................
41
50
40
30
-26.8%
Properties Pending Sale .......................................
25
55
45
30
20.0%
Properties For Sale ................................................
138
187
150
92
-33.3%
Days on Market (Pending Sale) ...........................
78
44
76
56
-28.2%
Month’s Supply of Inventory ................................
3.4
3.7
3.8
3.1
-8.9%
Percent Under Contract ........................................
18.1%
29.4%
30.0%
32.6%
80.0%
Average Median Price for Last 12 Months ........
$654,199
$705,958
$727,583
$679,692
3.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$648
FEB
$741,250
MAR APR
MEDIAN SALES PRICE
MAY
$320
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$741 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
San Clemente DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$792,500
$855,000
$881,000
$877,500
10.7%
Average Price per Square Foot ...........................
$360
$382
$421
$416
15.6%
Properties Sold .......................................................
54
73
44
38
-29.6%
Properties Pending Sale .......................................
42
56
58
50
19.0%
Properties For Sale ................................................
232
311
312
243
4.7%
Days on Market (Pending Sale) ...........................
98
59
79
76
-22.4%
Month’s Supply of Inventory ................................
4.3
4.3
7.1
6.4
48.8%
Percent Under Contract ........................................
18.1%
18.0%
18.6%
20.6%
13.7%
Average Median Price for Last 12 Months ........
$826,954
$924,144
$953,288
$882,259
6.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$792
FEB
$877,500
MAR APR
MEDIAN SALES PRICE
MAY
$416
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.4 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 2016
telesproperties.com
San Juan Capistrano DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$865,500
$982,500
$805,500
$1,159,000
33.9%
Average Price per Square Foot ...........................
$371
$360
$373
$337
-9.2%
Properties Sold .......................................................
26
22
27
21
-19.2%
Properties Pending Sale .......................................
14
33
16
30
114.3%
Properties For Sale ................................................
121
165
146
127
5.0%
Days on Market (Pending Sale) ...........................
77
58
95
67
-13.0%
Month’s Supply of Inventory ................................
4.7
7.5
5.4
6
29.9%
Percent Under Contract ........................................
11.6%
20.0%
11.0%
23.6%
104.2%
Average Median Price for Last 12 Months ........
$809,199
$999,083
$1,126,333
$911,058
12.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$865
FEB
$1,159,000
MAR APR
MEDIAN SALES PRICE
MAY
$337
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.159 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Shady Canyon DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$0
$6,000,000
$0
$0
n/a
Average Price per Square Foot ...........................
$0
$781
$0
$0
n/a
Properties Sold .......................................................
0
1
0
0
n/a
Properties Pending Sale .......................................
0
0
0
0
n/a
Properties For Sale ................................................
2
0
0
0
-100.0%
Days on Market (Pending Sale) ...........................
0
331
0
0
n/a
Month’s Supply of Inventory ................................
n/a
0
n/a
n/a
n/a
Percent Under Contract ........................................
0.0%
n/a
n/a
n/a
n/a
Average Median Price for Last 12 Months ........
$4,078,167
n/a
n/a
$5,900,000
44.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN FEB
No sales
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
n/a 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 2016
telesproperties.com
Turtle Ridge DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$2,237,500
$2,354,000
$2,275,500
$3,485,000
55.8%
Average Price per Square Foot ...........................
$706
$611
$681
$737
4.4%
Properties Sold .......................................................
4
2
4
2
-50.0%
Properties Pending Sale .......................................
3
2
3
3
0.0%
Properties For Sale ................................................
19
25
17
18
-5.3%
Days on Market (Pending Sale) ...........................
106
101
164
165
55.7%
Month’s Supply of Inventory ................................
4.8
12.5
4.2
9
89.5%
Percent Under Contract ........................................
15.8%
8.0%
17.6%
16.7%
5.6%
Average Median Price for Last 12 Months ........
$2,450,500
$2,551,700
$2,890,000
$2,400,167
-2.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$2.237
FEB
$3,485,000
MAR APR
MEDIAN SALES PRICE
MAY
$737
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
9 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$3.485 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Turtle Rock DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,355,000
$1,411,250
$0
$0
-100.0%
Average Price per Square Foot ...........................
$712
$579
$0
$0
-100.0%
Properties Sold .......................................................
1
7
0
0
-100.0%
Properties Pending Sale .......................................
1
3
0
0
-100.0%
Properties For Sale ................................................
7
5
3
1
-85.7%
Days on Market (Pending Sale) ...........................
108
60
0
0
-100.0%
Month’s Supply of Inventory ................................
7
0.7
n/a
n/a
n/a
Percent Under Contract ........................................
14.3%
60.0%
0.0%
0.0%
-100.0%
Average Median Price for Last 12 Months ........
$1,254,000
$1,285,875
$1,183,500
$1,303,400
3.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.355
FEB
No sales
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
n/a 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 2016
telesproperties.com
Westminster DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$535,900
$560,000
$600,000
$535,000
-0.2%
Average Price per Square Foot ...........................
$327
$361
$322
$342
4.6%
Properties Sold .......................................................
33
47
41
21
-36.4%
Properties Pending Sale .......................................
22
42
32
29
31.8%
Properties For Sale ................................................
81
113
110
78
-3.7%
Days on Market (Pending Sale) ...........................
51
30
47
40
-21.6%
Month’s Supply of Inventory ................................
2.5
2.4
2.7
3.7
51.3%
Percent Under Contract ........................................
27.2%
37.2%
29.1%
37.2%
36.9%
Average Median Price for Last 12 Months ........
$529,579
$572,417
$554,167
$555,719
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$535
FEB
$535,000
MAR APR
MEDIAN SALES PRICE
MAY
$342
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$535 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
West Bay - Santa Ana Heights DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,438,297
$1,410,000
$2,100,000
$1,622,500
12.8%
Average Price per Square Foot ...........................
$559
$601
$776
$781
39.7%
Properties Sold .......................................................
8
16
11
4
-50.0%
Properties Pending Sale .......................................
5
14
15
11
120.0%
Properties For Sale ................................................
51
80
68
52
2.0%
Days on Market (Pending Sale) ...........................
88
89
115
49
-44.3%
Month’s Supply of Inventory ................................
6.4
5
6.2
13
103.9%
Percent Under Contract ........................................
9.8%
17.5%
22.1%
21.2%
115.8%
Average Median Price for Last 12 Months ........
$1,506,188
$1,710,667
$1,674,167
$1,614,758
7.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.438
FEB
$1,622,500
MAR APR
MEDIAN SALES PRICE
MAY
$781
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
13 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.622 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
West Newport - Lido DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$2,225,000
$2,047,500
$3,025,000
$2,837,500
27.5%
Average Price per Square Foot ...........................
$1,281
$955
$1,110
$1,122
-12.4%
Properties Sold .......................................................
9
10
4
9
0.0%
Properties Pending Sale .......................................
4
8
7
7
75.0%
Properties For Sale ................................................
41
54
47
46
12.2%
Days on Market (Pending Sale) ...........................
48
42
45
92
91.7%
Month’s Supply of Inventory ................................
4.6
5.4
11.8
5.1
12.2%
Percent Under Contract ........................................
9.8%
14.8%
14.9%
15.2%
56.0%
Average Median Price for Last 12 Months ........
$2,148,792
$2,422,500
$2,412,500
$2,303,269
7.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$2.225
FEB
$2,837,500
MAR APR
MEDIAN SALES PRICE
MAY
$1,122
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.837 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Santa Barbara County
Carpinteria
Santa Barbara East of State
Goleta
Santa Barbara West of State
Hope Ranch
Santa Ynez
Montecito
Micro Market Report : January 2016
telesproperties.com
County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850
Micro Market Report : January 2016
telesproperties.com
Carpinteria DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,042,500
$1,107,925
$845,000
$747,500
-28.3%
Average Price per Square Foot ...........................
$1,824
$601
$1,220
$590
-67.7%
Properties Sold .......................................................
6
4
7
2
-66.7%
Properties Pending Sale .......................................
7
3
6
4
-42.9%
Properties For Sale ................................................
38
32
28
28
-26.3%
Days on Market (Pending Sale) ...........................
75
12
62
20
-73.3%
Month’s Supply of Inventory ................................
6.3
8
4
14
121.1%
Percent Under Contract ........................................
18.4%
9.4%
21.4%
14.3%
-22.4%
Average Median Price for Last 12 Months ........
$1,372,313
$925,083
$966,500
$934,994
-31.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.042
JAN FEB
$747,500
MAR APR
MEDIAN SALES PRICE
MAY
$590
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
14 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$747 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Goleta DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$680,000
$770,214
$900,000
$745,500
9.6%
Average Price per Square Foot ...........................
$499
$455
$493
$504
1.0%
Properties Sold .......................................................
7
5
9
8
14.3%
Properties Pending Sale .......................................
4
2
7
5
25.0%
Properties For Sale ................................................
32
18
28
24
-25.0%
Days on Market (Pending Sale) ...........................
44
31
58
40
-9.1%
Month’s Supply of Inventory ................................
4.6
3.6
3.1
3
-34.4%
Percent Under Contract ........................................
12.5%
11.1%
25.0%
20.8%
66.7%
Average Median Price for Last 12 Months ........
$779,246
$816,000
$769,333
$785,001
0.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$680
FEB
$745,500
MAR APR
MEDIAN SALES PRICE
MAY
$504
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$745 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Hope Ranch DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$3,350,000
$3,900,000
$6,122,500
$0
-100.0%
Average Price per Square Foot ...........................
$842
$1,051
$1,009
$0
-100.0%
Properties Sold .......................................................
3
3
4
0
-100.0%
Properties Pending Sale .......................................
4
1
2
1
-75.0%
Properties For Sale ................................................
21
21
15
16
-23.8%
Days on Market (Pending Sale) ...........................
153
19
104
3
-98.0%
Month’s Supply of Inventory ................................
7
7
3.8
n/a
n/a
Percent Under Contract ........................................
19.0%
4.8%
13.3%
6.2%
-67.2%
Average Median Price for Last 12 Months ........
$2,994,188
$3,678,655
$2,393,000
$3,543,829
18.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$3.350
FEB
No sales
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
n/a 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 2016
telesproperties.com
Montecito DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$4,860,062
$2,650,000
$2,277,500
$3,925,000
-19.2%
Average Price per Square Foot ...........................
$980
$1,513
$1,000
$1,094
11.6%
Properties Sold .......................................................
12
5
14
22
83.3%
Properties Pending Sale .......................................
12
7
15
16
33.3%
Properties For Sale ................................................
127
156
167
130
2.4%
Days on Market (Pending Sale) ...........................
81
39
98
59
-27.2%
Month’s Supply of Inventory ................................
10.6
31.2
11.9
5.9
-44.2%
Percent Under Contract ........................................
9.4%
4.5%
9.0%
12.3%
30.3%
Average Median Price for Last 12 Months ........
$2,959,859
$2,719,583
$3,067,500
$3,322,889
12.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$4.860
FEB
$3,925,000
MAR APR
MEDIAN SALES PRICE
MAY
$1,094
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.9 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$3.925 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Santa Barbara East of State DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,420,000
$997,500
$1,007,500
$1,451,000
2.2%
Average Price per Square Foot ...........................
$621
$741
$695
$676
8.9%
Properties Sold .......................................................
17
8
26
18
5.9%
Properties Pending Sale .......................................
17
8
18
15
-11.8%
Properties For Sale ................................................
102
115
128
117
14.7%
Days on Market (Pending Sale) ...........................
76
71
67
62
-18.4%
Month’s Supply of Inventory ................................
6
14.4
4.9
6.5
8.3%
Percent Under Contract ........................................
16.7%
7.0%
14.1%
12.8%
-23.1%
Average Median Price for Last 12 Months ........
$1,225,229
$1,336,125
$1,597,500
$1,298,058
5.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.420
FEB
$1,451,000
MAR APR
MEDIAN SALES PRICE
MAY
$676
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.451 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Santa Barbara West of State DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$877,500
$1,152,500
$1,135,000
$1,236,000
40.9%
Average Price per Square Foot ...........................
$649
$574
$645
$826
27.3%
Properties Sold .......................................................
18
10
15
17
-5.6%
Properties Pending Sale .......................................
14
10
15
19
35.7%
Properties For Sale ................................................
67
44
74
46
-31.3%
Days on Market (Pending Sale) ...........................
46
40
51
47
2.2%
Month’s Supply of Inventory ................................
3.7
4.4
4.9
2.7
-27.3%
Percent Under Contract ........................................
20.9%
22.7%
20.3%
41.3%
97.7%
Average Median Price for Last 12 Months ........
$997,125
$1,076,929
$1,070,525
$1,048,006
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$877
FEB
$1,236,000
MAR APR
MEDIAN SALES PRICE
MAY
$826
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.236 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Santa Ynez DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$662,500
$895,000
$840,000
$685,000
3.4%
Average Price per Square Foot ...........................
$341
$407
$338
$365
7.0%
Properties Sold .......................................................
6
1
8
15
150.0%
Properties Pending Sale .......................................
15
5
11
13
-13.3%
Properties For Sale ................................................
101
105
123
121
19.8%
Days on Market (Pending Sale) ...........................
122
49
76
147
20.5%
Month’s Supply of Inventory ................................
16.8
105
15.4
8.1
-52.1%
Percent Under Contract ........................................
14.9%
4.8%
8.9%
10.7%
-27.7%
Average Median Price for Last 12 Months ........
$675,417
$722,167
$675,167
$782,750
15.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$662
FEB
$685,000
MAR APR
MEDIAN SALES PRICE
MAY
$365
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
8.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$685 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Monterey County
Carmel
Pacific Grove
Carmel Valley
Pebble Beach
Marina
Salinas
Monterey
Seaside
Micro Market Report : January 2016
telesproperties.com
County: MONTEREY Area: 3,771 SQ MILES Founded: 1850
Micro Market Report : January 2016
telesproperties.com
Carmel DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,237,500
$1,375,500
$1,284,000
$1,547,500
25.1%
Average Price per Square Foot ...........................
$725
$727
$777
$1,168
61.1%
Properties Sold .......................................................
12
22
21
20
66.7%
Properties Pending Sale .......................................
16
21
30
21
31.2%
Properties For Sale ................................................
119
168
173
124
4.2%
Days on Market (Pending Sale) ...........................
118
92
101
77
-34.7%
Month’s Supply of Inventory ................................
9.9
7.6
8.2
6.2
-37.5%
Percent Under Contract ........................................
13.4%
12.5%
17.3%
16.9%
26.0%
Average Median Price for Last 12 Months ........
$1,399,888
$1,461,500
$1,653,333
$1,374,308
-1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.237
FEB
$1,547,500
MAR APR
MEDIAN SALES PRICE
MAY
$1,168
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.547 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Carmel Valley DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,110,000
$698,388
$716,910
$787,500
-29.1%
Average Price per Square Foot ...........................
$445
$485
$340
$343
-22.9%
Properties Sold .......................................................
8
10
6
4
-50.0%
Properties Pending Sale .......................................
9
12
8
5
-44.4%
Properties For Sale ................................................
71
66
70
51
-28.2%
Days on Market (Pending Sale) ...........................
102
119
80
88
-13.7%
Month’s Supply of Inventory ................................
8.9
6.6
11.7
12.8
43.7%
Percent Under Contract ........................................
12.7%
18.2%
11.4%
9.8%
-22.7%
Average Median Price for Last 12 Months ........
$949,271
$844,318
$788,833
$899,042
-5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.110
JAN FEB
$787,500
MAR APR
MEDIAN SALES PRICE
MAY
$343
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
12.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$787 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Marina DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$435,000
$453,500
$447,500
$460,000
5.7%
Average Price per Square Foot ...........................
$267
$274
$278
$265
-0.7%
Properties Sold .......................................................
7
10
12
9
28.6%
Properties Pending Sale .......................................
7
14
14
9
28.6%
Properties For Sale ................................................
24
23
32
22
-8.3%
Days on Market (Pending Sale) ...........................
58
32
34
37
-36.2%
Month’s Supply of Inventory ................................
3.4
2.3
2.7
2.4
-28.7%
Percent Under Contract ........................................
29.2%
60.9%
43.8%
40.9%
40.3%
Average Median Price for Last 12 Months ........
$430,762
$459,408
$460,167
$447,104
3.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$435
FEB
$460,000
MAR APR
MEDIAN SALES PRICE
MAY
$265
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$460 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Monterey DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$654,000
$820,000
$644,500
$782,000
19.6%
Average Price per Square Foot ...........................
$371
$408
$487
$386
4.0%
Properties Sold .......................................................
14
35
24
10
-28.6%
Properties Pending Sale .......................................
19
17
29
15
-21.1%
Properties For Sale ................................................
103
96
102
80
-22.3%
Days on Market (Pending Sale) ...........................
96
74
76
93
-3.1%
Month’s Supply of Inventory ................................
7.4
2.7
4.2
8
8.7%
Percent Under Contract ........................................
18.4%
17.7%
28.4%
18.8%
1.6%
Average Median Price for Last 12 Months ........
$680,192
$689,000
$681,500
$693,058
1.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$654
FEB
$782,000
MAR APR
MEDIAN SALES PRICE
MAY
$386
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$782 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Pacific Grove DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$681,000
$685,000
$860,000
$812,500
19.3%
Average Price per Square Foot ...........................
$682
$603
$560
$555
-18.6%
Properties Sold .......................................................
9
21
13
10
11.1%
Properties Pending Sale .......................................
9
14
10
9
0.0%
Properties For Sale ................................................
54
64
61
46
-14.8%
Days on Market (Pending Sale) ...........................
78
47
79
41
-47.4%
Month’s Supply of Inventory ................................
6
3
4.7
4.6
-23.3%
Percent Under Contract ........................................
16.7%
21.9%
16.4%
19.6%
17.4%
Average Median Price for Last 12 Months ........
$729,392
$843,083
$866,667
$806,500
10.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$681
FEB
$812,500
MAR APR
MEDIAN SALES PRICE
MAY
$555
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$812 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Pebble Beach DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,963,750
$1,125,000
$1,675,000
$1,700,000
-13.4%
Average Price per Square Foot ...........................
$805
$688
$711
$748
-7.1%
Properties Sold .......................................................
6
12
17
7
16.7%
Properties Pending Sale .......................................
8
8
12
9
12.5%
Properties For Sale ................................................
78
89
87
67
-14.1%
Days on Market (Pending Sale) ...........................
124
253
60
84
-32.3%
Month’s Supply of Inventory ................................
13
7.4
5.1
9.6
-26.4%
Percent Under Contract ........................................
10.3%
9.0%
13.8%
13.4%
31.0%
Average Median Price for Last 12 Months ........
$1,412,729
$1,591,417
$1,360,333
$1,606,058
13.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.963
FEB
$1,700,000
MAR APR
MEDIAN SALES PRICE
MAY
$748
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
9.6 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 2016
telesproperties.com
Salinas DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$382,450
$411,450
$400,000
$427,500
11.8%
Average Price per Square Foot ...........................
$255
$255
$267
$257
0.8%
Properties Sold .......................................................
46
74
55
38
-17.4%
Properties Pending Sale .......................................
54
63
67
52
-3.7%
Properties For Sale ................................................
183
224
222
162
-11.5%
Days on Market (Pending Sale) ...........................
65
45
51
48
-26.2%
Month’s Supply of Inventory ................................
4
3
4
4.3
7.2%
Percent Under Contract ........................................
29.5%
28.1%
30.2%
32.1%
8.8%
Average Median Price for Last 12 Months ........
$390,725
$415,417
$419,167
$414,083
6.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$382
FEB
$427,500
MAR APR
MEDIAN SALES PRICE
MAY
$257
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$427 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Seaside DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$320,000
$445,000
$399,000
$535,000
67.2%
Average Price per Square Foot ...........................
$300
$310
$333
$290
-3.3%
Properties Sold .......................................................
14
21
19
9
-35.7%
Properties Pending Sale .......................................
8
15
17
21
162.5%
Properties For Sale ................................................
36
43
40
46
27.8%
Days on Market (Pending Sale) ...........................
65
17
70
39
-40.0%
Month’s Supply of Inventory ................................
2.6
2
2.1
5.1
98.8%
Percent Under Contract ........................................
22.2%
34.9%
42.5%
45.7%
105.4%
Average Median Price for Last 12 Months ........
$361,899
$435,708
$462,583
$404,212
11.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$320
FEB
$535,000
MAR APR
MEDIAN SALES PRICE
MAY
$290
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$535 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
San Diego County
San Diego Macro
La Mesa
Carlsbad
Lemon Grove
Carmel Valley
National City
Chula Vista
Oceanside
Coronado
Poway
Del Mar
Rancho Bernardo
El Cajon
San Marcos
Encinitas
Santee
Escondido
Solana Beach
Imperial Beach
Vista
La Jolla
Micro Market Report : January 2016
telesproperties.com
County: SAN DIEGO Area: 4,526 SQ MILES Founded: 1850
Micro Market Report : January 2016
telesproperties.com
San Diego County DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$491,000
$549,250
$525,000
$532,000
8.4%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
1330
2468
1836
1308
-1.7%
Properties Pending Sale .......................................
1715
2243
2098
1797
4.8%
Properties For Sale ................................................
8,027
9,170
8,177
6,893
-14.1%
Days on Market (Pending Sale) ...........................
60
39
48
51
-15.0%
Month’s Supply of Inventory ................................
6
3.7
4.5
5.3
-12.7%
Percent Under Contract ........................................
21.4%
24.5%
25.7%
26.1%
22.0%
Average Median Price for Last 12 Months ........
$495,283
$531,875
$535,417
$525,308
5.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$491
FEB
$532,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$532 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Carlsbad DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$807,000
$821,500
$880,000
$840,000
4.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
57
138
89
60
5.3%
Properties Pending Sale .......................................
61
102
79
61
0.0%
Properties For Sale ................................................
299
466
345
277
-7.4%
Days on Market (Pending Sale) ...........................
49
32
40
49
0.0%
Month’s Supply of Inventory ................................
5.2
3.4
3.9
4.6
-12.0%
Percent Under Contract ........................................
20.4%
21.9%
22.9%
22.0%
7.9%
Average Median Price for Last 12 Months ........
$781,604
$824,208
$810,833
$820,288
4.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$807
FEB
$840,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$840 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Carmel Valley DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,130,500
$1,200,000
$1,165,000
$1,052,944
-6.9%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
12
51
33
26
116.7%
Properties Pending Sale .......................................
28
47
44
31
10.7%
Properties For Sale ................................................
129
223
207
171
32.6%
Days on Market (Pending Sale) ...........................
48
45
49
58
20.8%
Month’s Supply of Inventory ................................
10.8
4.4
6.3
6.6
-38.8%
Percent Under Contract ........................................
21.7%
21.1%
21.3%
18.1%
-16.5%
Average Median Price for Last 12 Months ........
$1,091,250
$1,101,991
$1,078,481
$1,140,342
4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.130
FEB
$1,052,944
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.052 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Chula Vista DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$450,000
$495,000
$489,910
$480,000
6.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
111
198
136
103
-7.2%
Properties Pending Sale .......................................
127
175
174
152
19.7%
Properties For Sale ................................................
479
586
539
446
-6.9%
Days on Market (Pending Sale) ...........................
57
42
52
56
-1.8%
Month’s Supply of Inventory ................................
4.3
3
4
4.3
0.3%
Percent Under Contract ........................................
26.5%
29.9%
32.3%
34.1%
28.5%
Average Median Price for Last 12 Months ........
$447,379
$484,985
$485,000
$475,012
5.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$450
FEB
$480,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$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 2016
telesproperties.com
Coronado DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,824,000
$2,175,000
$1,500,800
$1,685,000
-7.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
10
12
16
13
30.0%
Properties Pending Sale .......................................
10
14
10
12
20.0%
Properties For Sale ................................................
102
128
117
122
19.6%
Days on Market (Pending Sale) ...........................
122
142
203
109
-10.7%
Month’s Supply of Inventory ................................
10.2
10.7
7.3
9.4
-8.0%
Percent Under Contract ........................................
9.8%
10.9%
8.5%
9.8%
0.3%
Average Median Price for Last 12 Months ........
$1,549,146
$1,730,967
$1,775,000
$1,770,408
12.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.824
FEB
$1,685,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
9.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.685 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Del Mar DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,428,000
$1,407,500
$1,901,250
$1,610,000
12.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
7
10
12
9
28.6%
Properties Pending Sale .......................................
12
16
14
12
0.0%
Properties For Sale ................................................
87
90
82
78
-10.3%
Days on Market (Pending Sale) ...........................
97
36
65
57
-41.2%
Month’s Supply of Inventory ................................
12.4
9
6.8
8.7
-30.3%
Percent Under Contract ........................................
13.8%
17.8%
17.1%
15.4%
11.5%
Average Median Price for Last 12 Months ........
$1,582,835
$1,878,896
$1,718,417
$1,739,587
9.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.428
FEB
$1,610,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
8.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.610 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
El Cajon DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$427,000
$440,000
$469,000
$463,000
8.4%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
52
113
91
52
0.0%
Properties Pending Sale .......................................
83
121
105
85
2.4%
Properties For Sale ................................................
398
415
356
322
-19.1%
Days on Market (Pending Sale) ...........................
77
33
45
56
-27.3%
Month’s Supply of Inventory ................................
7.7
3.7
3.9
6.2
-19.1%
Percent Under Contract ........................................
20.9%
29.2%
29.5%
26.4%
26.6%
Average Median Price for Last 12 Months ........
$421,916
$465,167
$458,167
$456,038
7.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$427
FEB
$463,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$463 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Encinitas DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,220,452
$1,022,500
$904,500
$1,227,000
0.5%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
30
54
30
27
-10.0%
Properties Pending Sale .......................................
29
48
35
27
-6.9%
Properties For Sale ................................................
149
183
158
110
-26.2%
Days on Market (Pending Sale) ...........................
38
38
46
73
92.1%
Month’s Supply of Inventory ................................
5
3.4
5.3
4.1
-18.0%
Percent Under Contract ........................................
19.5%
26.2%
22.2%
24.5%
26.1%
Average Median Price for Last 12 Months ........
$968,016
$1,098,883
$1,103,667
$1,092,750
11.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.220
FEB
$1,227,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.227 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Escondido DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$448,000
$479,000
$460,000
$459,000
2.5%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
78
181
123
70
-10.3%
Properties Pending Sale .......................................
113
157
129
115
1.8%
Properties For Sale ................................................
528
594
501
412
-22.0%
Days on Market (Pending Sale) ...........................
62
38
43
48
-22.6%
Month’s Supply of Inventory ................................
6.8
3.3
4.1
5.9
-13.1%
Percent Under Contract ........................................
21.4%
26.4%
25.7%
27.9%
30.4%
Average Median Price for Last 12 Months ........
$432,350
$459,833
$459,667
$455,446
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$448
FEB
$459,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.9 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$459 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Imperial-Beach DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$400,000
$441,250
$445,000
$424,000
6.0%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
7
8
13
7
0.0%
Properties Pending Sale .......................................
10
11
16
7
-30.0%
Properties For Sale ................................................
28
38
32
21
-25.0%
Days on Market (Pending Sale) ...........................
77
49
38
70
-9.1%
Month’s Supply of Inventory ................................
4
4.8
2.5
3
-25.0%
Percent Under Contract ........................................
35.7%
28.9%
50.0%
33.3%
-6.7%
Average Median Price for Last 12 Months ........
$407,523
$441,083
$445,833
$445,404
8.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$400
FEB
$424,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$424 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
La Jolla DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,594,000
$1,950,000
$1,830,000
$2,195,000
37.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
28
25
23
19
-32.1%
Properties Pending Sale .......................................
27
38
26
24
-11.1%
Properties For Sale ................................................
218
268
260
244
11.9%
Days on Market (Pending Sale) ...........................
109
78
76
46
-57.8%
Month’s Supply of Inventory ................................
7.8
10.7
11.3
12.8
64.9%
Percent Under Contract ........................................
12.4%
14.2%
10.0%
9.8%
-20.6%
Average Median Price for Last 12 Months ........
$1,656,375
$1,948,469
$2,065,000
$1,876,716
11.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.594
FEB
$2,195,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
12.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$2.195 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
La Mesa DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$444,000
$450,214
$500,000
$490,000
10.4%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
41
49
53
41
0.0%
Properties Pending Sale .......................................
53
63
50
62
17.0%
Properties For Sale ................................................
234
217
174
194
-17.1%
Days on Market (Pending Sale) ...........................
47
48
47
33
-29.8%
Month’s Supply of Inventory ................................
4.4
3.4
3.5
4.7
7.2%
Percent Under Contract ........................................
22.6%
29.0%
28.7%
32.0%
41.1%
Average Median Price for Last 12 Months ........
$455,329
$486,499
$477,417
$480,808
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$444
FEB
$490,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$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 2016
telesproperties.com
Lemon Grove DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$385,000
$378,750
$341,000
$403,000
4.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
19
20
21
21
10.5%
Properties Pending Sale .......................................
23
25
27
16
-30.4%
Properties For Sale ................................................
69
61
59
40
-42.0%
Days on Market (Pending Sale) ...........................
53
34
27
40
-24.5%
Month’s Supply of Inventory ................................
3
2.4
2.2
1.9
-36.5%
Percent Under Contract ........................................
33.3%
41.0%
45.8%
40.0%
20.0%
Average Median Price for Last 12 Months ........
$346,704
$379,583
$397,167
$377,981
8.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$385
FEB
$403,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1.9 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$403 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
National City DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$322,000
$353,000
$331,000
$345,500
7.3%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
17
13
16
14
-17.6%
Properties Pending Sale .......................................
16
17
29
28
75.0%
Properties For Sale ................................................
59
54
52
52
-11.9%
Days on Market (Pending Sale) ...........................
48
26
32
42
-12.5%
Month’s Supply of Inventory ................................
3.7
3.2
1.8
3.7
0.7%
Percent Under Contract ........................................
27.1%
31.5%
55.8%
53.8%
98.6%
Average Median Price for Last 12 Months ........
$304,604
$347,750
$341,833
$340,108
10.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$322
FEB
$345,500
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$345 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Oceanside DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$469,900
$470,000
$472,500
$480,000
2.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
74
166
99
83
12.2%
Properties Pending Sale .......................................
111
142
135
112
0.9%
Properties For Sale ................................................
423
458
387
316
-25.3%
Days on Market (Pending Sale) ...........................
63
33
41
44
-30.2%
Month’s Supply of Inventory ................................
5.7
2.8
3.9
3.8
-33.4%
Percent Under Contract ........................................
26.2%
31.0%
34.9%
35.4%
35.1%
Average Median Price for Last 12 Months ........
$878,175
$475,167
$477,333
$472,112
-86.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$469
FEB
$480,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$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 2016
telesproperties.com
Poway DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$575,750
$620,000
$596,500
$608,750
5.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
26
59
24
22
-15.4%
Properties Pending Sale .......................................
31
54
36
39
25.8%
Properties For Sale ................................................
154
211
191
163
5.8%
Days on Market (Pending Sale) ...........................
53
39
38
74
39.6%
Month’s Supply of Inventory ................................
5.9
3.6
8
7.4
25.1%
Percent Under Contract ........................................
20.1%
25.6%
18.8%
23.9%
18.9%
Average Median Price for Last 12 Months ........
$617,188
$658,125
$659,083
$644,077
4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$575
FEB
$608,750
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
7.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$608 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Rancho Bernardo DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$662,500
$708,000
$682,000
$709,250
7.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
48
111
83
57
18.8%
Properties Pending Sale .......................................
83
95
92
57
-31.3%
Properties For Sale ................................................
333
434
394
268
-19.5%
Days on Market (Pending Sale) ...........................
65
36
43
50
-23.1%
Month’s Supply of Inventory ................................
6.9
3.9
4.7
4.7
-32.2%
Percent Under Contract ........................................
24.9%
21.9%
23.4%
21.3%
-14.7%
Average Median Price for Last 12 Months ........
$698,392
$715,625
$707,250
$709,865
1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$662
FEB
$709,250
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$709 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
San Marcos DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$542,500
$575,000
$570,000
$555,350
2.4%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
47
95
53
46
-2.1%
Properties Pending Sale .......................................
54
88
64
57
5.6%
Properties For Sale ................................................
197
309
228
184
-6.6%
Days on Market (Pending Sale) ...........................
43
34
41
55
27.9%
Month’s Supply of Inventory ................................
4.2
3.3
4.3
4
-4.6%
Percent Under Contract ........................................
27.4%
28.5%
28.1%
31.0%
13.0%
Average Median Price for Last 12 Months ........
$547,625
$579,883
$594,533
$577,362
5.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$542
FEB
$555,350
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$555 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Santee DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$420,000
$434,500
$455,000
$464,850
10.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
24
48
37
24
0.0%
Properties Pending Sale .......................................
35
35
42
31
-11.4%
Properties For Sale ................................................
118
97
102
85
-28.0%
Days on Market (Pending Sale) ...........................
40
16
45
40
0.0%
Month’s Supply of Inventory ................................
4.9
2
2.8
3.5
-28.0%
Percent Under Contract ........................................
29.7%
36.1%
41.2%
36.5%
23.0%
Average Median Price for Last 12 Months ........
$414,719
$454,467
$461,017
$441,754
6.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$420
FEB
$464,850
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$464 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Solana Beach DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,532,742
$1,770,000
$1,100,000
$1,475,000
-3.8%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
4
9
3
6
50.0%
Properties Pending Sale .......................................
10
12
5
10
0.0%
Properties For Sale ................................................
34
40
42
41
20.6%
Days on Market (Pending Sale) ...........................
55
30
28
57
3.6%
Month’s Supply of Inventory ................................
8.5
4.4
14
6.8
-19.6%
Percent Under Contract ........................................
29.4%
30.0%
11.9%
24.4%
-17.1%
Average Median Price for Last 12 Months ........
$1,436,531
$1,347,417
$1,490,667
$1,555,134
7.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.532
FEB
$1,475,000
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.8 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Vista DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$416,000
$474,500
$471,000
$487,250
17.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
$0
n/a
Properties Sold .......................................................
63
92
82
40
-36.5%
Properties Pending Sale .......................................
70
82
76
97
38.6%
Properties For Sale ................................................
320
279
257
241
-24.7%
Days on Market (Pending Sale) ...........................
65
42
52
52
-20.0%
Month’s Supply of Inventory ................................
5.1
3
3.1
6
18.6%
Percent Under Contract ........................................
21.9%
29.4%
29.6%
40.2%
84.0%
Average Median Price for Last 12 Months ........
$426,458
$472,703
$467,983
$458,932
7.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$416
FEB
$487,250
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$487 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Condominiums
Beverly Center - Miracle Mile
Santa Monica
Beverly Hills
Sherman Oaks
Brentwood
Studio City
Culver City
Venice
Encino
West Hollywood
Malibu
West LA
Marina Del Rey
Westwood - Century City
Micro Market Report : January 2016
telesproperties.com
County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY
Micro Market Report : January 2016
telesproperties.com
Beverly Center - Miracle Mile DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$650,000
$670,000
$750,000
$589,500
-9.3%
Average Price per Square Foot ...........................
$476
$521
$548
$523
9.9%
Properties Sold .......................................................
7
12
11
6
-14.3%
Properties Pending Sale .......................................
8
13
9
10
25.0%
Properties For Sale ................................................
33
40
37
29
-12.1%
Days on Market (Pending Sale) ...........................
66
31
36
48
-27.3%
Month’s Supply of Inventory ................................
4.7
3.3
3.4
4.8
2.5%
Percent Under Contract ........................................
24.2%
32.5%
24.3%
34.5%
42.2%
Average Median Price for Last 12 Months ........
$623,083
$741,531
$705,063
$710,722
14.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$650
FEB
$589,500
MAR APR
MEDIAN SALES PRICE
MAY
$523
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.8 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 2016
telesproperties.com
Beverly Hills DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,040,000
$1,130,000
$1,750,000
$990,000
-4.8%
Average Price per Square Foot ...........................
$594
$568
$886
$586
-1.3%
Properties Sold .......................................................
7
12
8
9
28.6%
Properties Pending Sale .......................................
8
15
10
8
0.0%
Properties For Sale ................................................
66
61
54
42
-36.4%
Days on Market (Pending Sale) ...........................
181
54
83
63
-65.2%
Month’s Supply of Inventory ................................
9.4
5.1
6.8
4.7
-50.5%
Percent Under Contract ........................................
12.1%
24.6%
18.5%
19.0%
57.1%
Average Median Price for Last 12 Months ........
$1,032,620
$1,227,917
$1,109,167
$1,156,068
12.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.040
FEB
$990,000
MAR APR
MEDIAN SALES PRICE
MAY
$586
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$990 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Brentwood DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$600,000
$785,500
$770,000
$930,000
55.0%
Average Price per Square Foot ...........................
$519
$559
$603
$618
19.1%
Properties Sold .......................................................
15
28
25
19
26.7%
Properties Pending Sale .......................................
8
17
17
19
137.5%
Properties For Sale ................................................
63
87
81
70
11.1%
Days on Market (Pending Sale) ...........................
38
36
39
31
-18.4%
Month’s Supply of Inventory ................................
4.2
3.1
3.2
3.7
-12.3%
Percent Under Contract ........................................
12.7%
19.5%
21.0%
27.1%
113.8%
Average Median Price for Last 12 Months ........
$707,331
$785,250
$829,167
$760,608
7.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$600
FEB
$930,000
MAR APR
MEDIAN SALES PRICE
MAY
$618
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$930 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Culver City DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$420,000
$462,500
$437,500
$449,000
6.9%
Average Price per Square Foot ...........................
$400
$421
$446
$430
7.5%
Properties Sold .......................................................
19
18
18
11
-42.1%
Properties Pending Sale .......................................
22
21
25
8
-63.6%
Properties For Sale ................................................
47
53
44
24
-48.9%
Days on Market (Pending Sale) ...........................
49
17
45
10
-79.6%
Month’s Supply of Inventory ................................
2.5
2.9
2.4
2.2
-11.8%
Percent Under Contract ........................................
46.8%
39.6%
56.8%
33.3%
-28.8%
Average Median Price for Last 12 Months ........
$398,208
$433,917
$433,667
$436,192
9.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$420
FEB
$449,000
MAR APR
MEDIAN SALES PRICE
MAY
$430
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
2.2 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$449 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Downtown DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$585,000
$570,000
$605,000
$640,000
9.4%
Average Price per Square Foot ...........................
$579
$560
$570
$614
6.0%
Properties Sold .......................................................
23
33
35
27
17.4%
Properties Pending Sale .......................................
38
41
43
13
-65.8%
Properties For Sale ................................................
182
206
183
155
-14.8%
Days on Market (Pending Sale) ...........................
69
59
59
76
10.1%
Month’s Supply of Inventory ................................
7.9
6.2
5.2
5.7
-27.5%
Percent Under Contract ........................................
20.9%
19.9%
23.5%
8.4%
-59.8%
Average Median Price for Last 12 Months ........
$536,428
$566,008
$569,517
$573,504
6.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$585
FEB
$640,000
MAR APR
MEDIAN SALES PRICE
MAY
$614
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
5.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$640 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Encino DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$306,000
$327,000
$338,000
$314,000
2.6%
Average Price per Square Foot ...........................
$268
$289
$285
$284
6.0%
Properties Sold .......................................................
8
23
22
18
125.0%
Properties Pending Sale .......................................
10
14
24
13
30.0%
Properties For Sale ................................................
36
45
29
18
-50.0%
Days on Market (Pending Sale) ...........................
52
59
76
69
32.7%
Month’s Supply of Inventory ................................
4.5
2
1.3
1
-77.8%
Percent Under Contract ........................................
27.8%
31.1%
82.8%
72.2%
160.0%
Average Median Price for Last 12 Months ........
$296,167
$313,500
$324,000
$321,462
8.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$306
FEB
$314,000
MAR APR
MEDIAN SALES PRICE
MAY
$284
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$314 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Malibu DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$589,000
$897,000
$555,194
$1,360,000
130.9%
Average Price per Square Foot ...........................
$350
$613
$527
$653
86.6%
Properties Sold .......................................................
1
6
3
1
0.0%
Properties Pending Sale .......................................
1
5
2
5
400.0%
Properties For Sale ................................................
20
36
21
19
-5.0%
Days on Market (Pending Sale) ...........................
114
83
90
154
35.1%
Month’s Supply of Inventory ................................
20
6
7
19
-5.0%
Percent Under Contract ........................................
5.0%
13.9%
9.5%
26.3%
426.3%
Average Median Price for Last 12 Months ........
$1,038,917
$799,239
$1,164,000
$821,016
-21.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$589
FEB
$1,360,000
MAR APR
MEDIAN SALES PRICE
MAY
$653
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
19 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.360 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Marina Del Rey DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$825,500
$861,000
$962,000
$802,500
-2.8%
Average Price per Square Foot ...........................
$546
$621
$692
$664
21.6%
Properties Sold .......................................................
14
31
19
12
-14.3%
Properties Pending Sale .......................................
16
25
20
18
12.5%
Properties For Sale ................................................
104
105
91
73
-29.8%
Days on Market (Pending Sale) ...........................
35
59
43
95
171.4%
Month’s Supply of Inventory ................................
7.4
3.4
4.8
6.1
-18.1%
Percent Under Contract ........................................
15.4%
23.8%
22.0%
24.7%
60.3%
Average Median Price for Last 12 Months ........
$803,333
$885,618
$856,667
$876,093
9.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$825
FEB
$802,500
MAR APR
MEDIAN SALES PRICE
MAY
$664
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.1 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$802 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Santa Monica DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$783,750
$919,000
$1,115,000
$769,500
-1.8%
Average Price per Square Foot ...........................
$850
$820
$834
$915
7.6%
Properties Sold .......................................................
24
43
27
22
-8.3%
Properties Pending Sale .......................................
30
54
29
9
-70.0%
Properties For Sale ................................................
99
165
110
78
-21.2%
Days on Market (Pending Sale) ...........................
57
44
92
48
-15.8%
Month’s Supply of Inventory ................................
4.1
3.8
4.1
3.5
-14.0%
Percent Under Contract ........................................
30.3%
32.7%
26.4%
11.5%
-61.9%
Average Median Price for Last 12 Months ........
$891,900
$969,473
$942,529
$958,776
7.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$783
FEB
$769,500
MAR APR
MEDIAN SALES PRICE
MAY
$915
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
3.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$769 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Sherman Oaks DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$429,000
$435,000
$464,000
$386,000
-10.0%
Average Price per Square Foot ...........................
$316
$343
$341
$329
4.1%
Properties Sold .......................................................
13
27
16
15
15.4%
Properties Pending Sale .......................................
34
22
20
12
-64.7%
Properties For Sale ................................................
35
40
36
25
-28.6%
Days on Market (Pending Sale) ...........................
60
54
53
65
8.3%
Month’s Supply of Inventory ................................
2.7
1.5
2.2
1.7
-38.1%
Percent Under Contract ........................................
97.1%
55.0%
55.6%
48.0%
-50.6%
Average Median Price for Last 12 Months ........
$397,917
$430,500
$417,000
$432,615
8.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$429
FEB
$386,000
MAR APR
MEDIAN SALES PRICE
MAY
$329
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$386 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Studio City DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$550,000
$495,000
$550,000
$525,000
-4.5%
Average Price per Square Foot ...........................
$421
$415
$399
$402
-4.5%
Properties Sold .......................................................
7
15
11
12
71.4%
Properties Pending Sale .......................................
16
20
13
14
-12.5%
Properties For Sale ................................................
27
31
39
17
-37.0%
Days on Market (Pending Sale) ...........................
57
63
68
81
42.1%
Month’s Supply of Inventory ................................
3.9
2.1
3.5
1.4
-63.3%
Percent Under Contract ........................................
59.3%
64.5%
33.3%
82.4%
39.0%
Average Median Price for Last 12 Months ........
$496,333
$527,667
$517,333
$526,846
6.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$550
FEB
$525,000
MAR APR
MEDIAN SALES PRICE
MAY
$402
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1.4 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$525 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Venice DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$1,098,500
$0
$1,212,500
$0
-100.0%
Average Price per Square Foot ...........................
$691
$0
$696
$0
-100.0%
Properties Sold .......................................................
4
0
6
0
-100.0%
Properties Pending Sale .......................................
3
1
2
1
-66.7%
Properties For Sale ................................................
18
19
19
16
-11.1%
Days on Market (Pending Sale) ...........................
68
75
46
28
-58.8%
Month’s Supply of Inventory ................................
4.5
n/a
3.2
n/a
n/a
Percent Under Contract ........................................
16.7%
5.3%
10.5%
6.2%
-62.5%
Average Median Price for Last 12 Months ........
$1,037,364
$1,354,000
$1,463,750
$1,261,136
21.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$1.098
FEB
No sales
MAR APR
MEDIAN SALES PRICE
MAY
No sales
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
n/a 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 2016
telesproperties.com
West Hollywood DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$635,000
$635,000
$550,000
$635,000
0.0%
Average Price per Square Foot ...........................
$521
$604
$585
$590
13.2%
Properties Sold .......................................................
17
33
33
24
41.2%
Properties Pending Sale .......................................
36
44
38
19
-47.2%
Properties For Sale ................................................
135
142
119
105
-22.2%
Days on Market (Pending Sale) ...........................
56
54
37
32
-42.9%
Month’s Supply of Inventory ................................
7.9
4.3
3.6
4.4
-44.9%
Percent Under Contract ........................................
26.7%
31.0%
31.9%
18.1%
-32.1%
Average Median Price for Last 12 Months ........
$595,253
$614,333
$653,000
$615,692
3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$635
FEB
$635,000
MAR APR
MEDIAN SALES PRICE
MAY
$590
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
4.4 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 2016
telesproperties.com
West LA DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$612,500
$766,000
$684,444
$651,500
6.4%
Average Price per Square Foot ...........................
$443
$498
$504
$518
16.9%
Properties Sold .......................................................
13
14
13
16
23.1%
Properties Pending Sale .......................................
17
16
15
13
-23.5%
Properties For Sale ................................................
43
45
45
27
-37.2%
Days on Market (Pending Sale) ...........................
66
36
28
38
-42.4%
Month’s Supply of Inventory ................................
3.3
3.2
3.5
1.7
-49.0%
Percent Under Contract ........................................
39.5%
35.6%
33.3%
48.1%
21.8%
Average Median Price for Last 12 Months ........
$587,634
$678,782
$638,002
$673,592
14.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$612
FEB
$651,500
MAR APR
MEDIAN SALES PRICE
MAY
$518
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
1.7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$651 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
Westwood - Century City DATA*
Jan 2015
6 month
3 month
Jan 2016
% change
Median Price ..........................................................
$788,000
$740,000
$699,000
$800,000
1.5%
Average Price per Square Foot ...........................
$584
$642
$874
$576
-1.4%
Properties Sold .......................................................
41
55
43
31
-24.4%
Properties Pending Sale .......................................
33
68
51
38
15.2%
Properties For Sale ................................................
257
301
271
218
-15.2%
Days on Market (Pending Sale) ...........................
78
42
59
72
-7.7%
Month’s Supply of Inventory ................................
6.3
5.5
6.3
7
12.2%
Percent Under Contract ........................................
12.8%
22.6%
18.8%
17.4%
35.8%
Average Median Price for Last 12 Months ........
$753,703
$767,083
$808,167
$767,231
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN
$788
FEB
$800,000
MAR APR
MEDIAN SALES PRICE
MAY
$576
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
7 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2016
telesproperties.com
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