January 2018 Micro Market Report | Douglas Elliman

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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH January 2018 /

Los Angeles, Orange, Santa Barbara, Monterey, Riverside, San Diego



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READING THE REPORT

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

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

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

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


MEDIAN PRICE:

PROPERTIES FOR SALE:

A value that separates the upper half of

The number of properties on the

prices from the lower half of prices. It can

market and seeking buyers.

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

DAYS OF MARKET (PENDING SALE):

hold undue influence.

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

AVERAGE PRICE PER SQUARE FOOT:

The price of each property divided by

MONTH’S SUPPLY OF INVENTORY:

their respective square footage then

The number of months it would take to sell all

averaged across all properties sold in the

the properties listed for sale at the current pace

area for a given time period.

of sales and if no new listings entered the market.

PROPERTIES SOLD:

PERCENT UNDER CONTRACT:

The number of property transactions that

The ratio of properties for sale to

closed and transferred ownership.

properties pending sale.

PROPERTIES PENDING SALE:

AVERAGE MEDIAN PRICE FOR LAST 12:

The number of properties that entered

The Average Median Price for the Last 12 Months

escrow in preparation for sale.

is sales data from 12 months ending in the identified month.


LOS ANGELES COUNTY

LOS ANGELES COUNTY MACRO

MALIBU BEACH

HERMOSA BEACH

CALABASAS

BEL AIR - HOLMBY HILLS

MARINA DEL REY

MANHATTAN BEACH PALOS

ENCINO

BEVERLY CENTER - MIRACLE MILE

MID LOS ANGELES

VERDES ESTATES RANCHO

GLENDALE

BEVERLY HILLS

MID WILSHIRE

PALOS VERDES REDONDO

LA CRESCENTA NORTH

BEVERLY HILLS P.O.

PACIFIC PALISADES

BEACH - NORTH

HOLLYWOOD

BEVERLYWOOD

PALMS - MAR VISTA

REDONDO BEACH - SOUTH

SHADOW HILLS

BRENTWOOD

PLAYA DEL REY

ROLLING HILLS

SHERMAN OAKS

CHEVIOT HILLS - RANCHO PARK

PLAYA VISTA

ROLLING HILLS ESTATES

STUDIO CITY

CULVER CITY

SANTA MONICA

SAN PEDRO

SUN VALLEY

HANCOCK PARK - WILSHIRE

SUNSET STRIP - HOLLYWOOD HILLS WEST

TORRANCE - COUNTY STRIP

SUNLAND - TUJUNGA TARZANA

HOLLYWOOD

VENICE

TORRANCE - NORTH

TOLUCA LAKE

HOLLYWOOD HILLS EAST

WEST HOLLYWOOD

TORRANCE - SOUTHEAST

VALLEY VILLAGE

INGLEWOOD

WEST LOS ANGELES

TORRANCE - SOUTH

WESTLAKE VILLAGE

LADERA HEIGHTS

WESTCHESTER

TORRANCE - WEST

WOODLAND HILLS

LAUREL CANYON

WESTWOOD - CENTURY CITY

SAN FERNANDO MACRO

SAN GABRIEL VALLEY MACRO

LOS FELIZ

SOUTH BAY MACRO

AGOURA HILLS

ALTADENA

MALIBU

EL SEGUNDO

BURBANK

ARCADIA

Micro Market Report : January 2018


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

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

Micro Market Report : January 2018


LOS ANGELES COUNTY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$580,500

$645,000

$617,100

$605,000

4.2%

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

$447

$485

$472

$466

4.3%

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

3168

4300

4216

2945

-7.0%

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

3669

4942

4590

3670

0.0%

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

14,584

17,912

16,811

13,607

-6.7%

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

52

36

39

43

-17.3%

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

4.6

4.2

4

4.6

0.4%

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

25.2%

27.6%

27.3%

27.0%

7.2%

$579,938

$622,350

$615,333

$615,431

5.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$580

FEB

$605,000

MAR APR

MEDIAN SALES PRICE

MAY

$466

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$605 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BEL-AIR HOLMBY HILLS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,395,000

$2,070,000

$1,892,500

$7,372,500

428.5%

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

$687

$643

$825

$1,388

102.0%

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

8

12

18

8

0.0%

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

13

21

14

9

-30.8%

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

143

180

171

135

-5.6%

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

63

71

45

121

92.1%

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

17.9

15

9.5

16.9

-5.6%

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

9.1%

11.7%

8.2%

6.7%

-26.7%

$2,010,167

$3,362,878

$4,435,755

$2,820,622

28.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.395

FEB

$7,372,500

MAR APR

MEDIAN SALES PRICE

MAY

$1,388

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

16.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$7.372 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,520,000

$1,479,200

$1,390,000

$1,804,438

18.7%

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

$710

$699

$794

$820

15.5%

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

11

17

17

10

-9.1%

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

19

18

19

14

-26.3%

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

93

96

80

70

-24.7%

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

73

52

32

62

-15.1%

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

8.5

5.6

4.7

7

-17.2%

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

20.4%

18.8%

23.8%

20.0%

-2.1%

$1,528,229

$1,634,990

$1,711,646

$1,664,908

8.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.520

FEB

$1,804,438

MAR APR

MEDIAN SALES PRICE

MAY

$820

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.804 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BEVERLY HILLS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$4,825,000

$4,800,000

$8,505,250

$7,224,000

49.7%

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

$1,291

$1,498

$1,458

$1,358

5.2%

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

11

11

10

8

-27.3%

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

19

9

12

7

-63.2%

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

111

120

115

94

-15.3%

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

110

50

60

69

-37.3%

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

10.1

10.9

11.5

11.8

16.4%

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

17.1%

7.5%

10.4%

7.4%

-56.5%

$4,847,971

$5,942,458

$5,624,667

$5,631,712

13.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$4.825

FEB

$7,224,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,358

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

11.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$7.224 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BEVERLY HILLS- POST OFFICE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,500,000

$2,262,500

$3,400,000

$2,301,000

-8.0%

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

$930

$854

$943

$857

-7.8%

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

7

16

13

8

14.3%

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

8

15

16

10

25.0%

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

155

179

167

154

-0.6%

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

48

84

72

120

150.0%

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

22.1

11.2

12.8

19.2

-13.1%

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

5.2%

8.4%

9.6%

6.5%

25.8%

$2,659,275

$3,227,667

$2,942,000

$3,389,642

21.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$2.500

FEB

$2,301,000

MAR APR

MEDIAN SALES PRICE

MAY

$857

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

19.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.301 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BEVERLYWOOD

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,160,555

$1,754,500

$1,605,000

$1,674,500

44.3%

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

$696

$685

$760

$802

15.2%

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

17

8

11

10

-41.2%

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

14

14

11

9

-35.7%

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

42

42

47

45

7.1%

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

72

24

25

38

-47.2%

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

2.5

5.2

4.3

4.5

82.1%

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

33.3%

33.3%

23.4%

20.0%

-40.0%

$1,252,618

$1,516,167

$1,690,667

$1,428,141

12.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.160

FEB

$1,674,500

MAR APR

MEDIAN SALES PRICE

MAY

$802

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.674 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BRENTWOOD

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$6,000,000

$2,890,000

$4,355,000

$3,064,550

-48.9%

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

$1,092

$1,154

$985

$888

-18.7%

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

15

24

19

16

6.7%

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

10

27

21

18

80.0%

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

112

144

156

127

13.4%

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

48

45

59

88

83.3%

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

7.5

6

8.2

7.9

6.3%

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

8.9%

18.8%

13.5%

14.2%

58.7%

$3,221,583

$3,399,508

$3,276,517

$3,416,171

5.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $6.000

JAN FEB

$3,064,550

MAR APR

MEDIAN SALES PRICE

MAY

$888

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.064 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CHEVIOT HILLS - RANCHO PARK

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,930,000

$1,638,000

$2,755,000

$1,375,000

-28.8%

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

$752

$841

$732

$1,024

36.2%

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

7

7

2

3

-57.1%

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

5

8

6

3

-40.0%

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

30

30

28

21

-30.0%

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

31

34

23

43

38.7%

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

4.3

4.3

14

7

63.3%

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

16.7%

26.7%

21.4%

14.3%

-14.3%

$1,989,083

$1,907,713

$1,672,917

$2,027,790

1.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.930

JAN FEB

$1,375,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,024

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.375 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CULVER CITY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,100,000

$1,234,000

$1,200,000

$1,225,000

11.4%

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

$661

$822

$887

$779

17.9%

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

17

22

17

13

-23.5%

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

12

24

21

8

-33.3%

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

47

66

62

36

-23.4%

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

35

19

25

49

40.0%

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

2.8

3

3.6

2.8

0.2%

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

25.5%

36.4%

33.9%

22.2%

-13.0%

$1,125,375

$1,188,333

$1,174,667

$1,178,269

4.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.100

FEB

$1,225,000

MAR APR

MEDIAN SALES PRICE

MAY

$779

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.225 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


DOWNTOWN

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$327,450

$380,000

$367,000

$356,430

8.9%

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

$281

$342

$286

$296

5.3%

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

8

9

10

12

50.0%

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

8

11

12

14

75.0%

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

41

54

58

49

19.5%

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

68

95

57

29

-57.4%

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

5.1

6

5.8

4.1

-20.3%

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

19.5%

20.4%

20.7%

28.6%

46.4%

$337,122

$395,988

$436,477

$388,625

13.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$327

FEB

$356,430

MAR APR

MEDIAN SALES PRICE

MAY

$296

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$356 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


HANCOCK PARK - WILSHIRE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,500,000

$1,461,500

$1,675,000

$1,899,000

-24.0%

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

$737

$738

$759

$578

-21.6%

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

19

24

19

15

-21.1%

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

25

21

28

18

-28.0%

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

105

106

102

86

-18.1%

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

82

30

29

47

-42.7%

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

5.5

4.4

5.4

5.7

3.7%

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

23.8%

19.8%

27.5%

20.9%

-12.1%

$1,655,876

$1,808,047

$1,724,843

$1,760,041

5.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.500

JAN FEB

$1,899,000

MAR APR

MEDIAN SALES PRICE

MAY

$578

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.899 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


HOLLYWOOD

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,185,000

$833,875

$1,024,000

$750,000

-36.7%

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

$687

$669

$607

$574

-16.4%

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

9

6

11

5

-44.4%

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

3

12

11

8

166.7%

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

34

50

45

39

14.7%

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

50

32

49

37

-26.0%

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

3.8

8.3

4.1

7.8

106.5%

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

8.8%

24.0%

24.4%

20.5%

132.5%

$997,750

$980,000

$974,000

$953,917

-4.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.185

JAN FEB

$750,000

MAR APR

MEDIAN SALES PRICE

MAY

$574

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$750 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


HOLLYWOOD HILLS EAST

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,500,000

$1,680,000

$1,360,000

$1,249,000

-16.7%

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

$597

$653

$728

$582

-2.5%

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

11

21

15

7

-36.4%

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

15

13

5

15

0.0%

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

81

89

77

75

-7.4%

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

58

76

26

42

-27.6%

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

5.4

6.8

15.4

10.7

98.4%

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

18.5%

14.6%

6.5%

20.0%

8.0%

$1,441,812

$1,437,750

$1,449,833

$1,451,381

0.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.500

FEB

$1,249,000

MAR APR

MEDIAN SALES PRICE

MAY

$582

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.249 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


INGLEWOOD

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$487,500

$549,000

$515,000

$625,000

28.2%

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

$373

$400

$398

$400

7.2%

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

18

19

27

11

-38.9%

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

18

28

16

18

0.0%

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

56

69

70

66

17.9%

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

44

27

24

32

-27.3%

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

3.1

2.5

4.4

6

92.9%

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

32.1%

40.6%

22.9%

27.3%

-15.2%

$460,613

$565,217

$587,500

$537,860

14.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$487

FEB

$625,000

MAR APR

MEDIAN SALES PRICE

MAY

$400

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$625 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LADERA HEIGHTS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$902,500

$912,500

$1,492,500

$1,452,850

61.0%

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

$396

$447

$398

$513

29.5%

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

4

4

6

2

-50.0%

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

18

7

5

3

-83.3%

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

56

23

22

20

-64.3%

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

109

55

36

24

-78.0%

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

3.1

3.3

4.4

10

221.4%

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

32.1%

30.4%

22.7%

15.0%

-53.3%

$987,781

$1,284,967

$1,224,933

$1,151,888

14.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$902

FEB

$1,452,850

MAR APR

MEDIAN SALES PRICE

MAY

$513

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.452 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LAUREL CANYON

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,710,000

$1,800,000

$1,702,500

$2,050,000

19.9%

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

$741

$809

$784

$863

16.5%

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

21

27

34

19

-9.5%

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

27

24

34

16

-40.7%

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

158

163

176

139

-12.0%

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

55

70

43

50

-9.1%

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

5.9

6.8

5.2

8.7

48.5%

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

17.1%

14.7%

19.3%

11.5%

-32.6%

$1,630,274

$1,724,583

$1,875,833

$1,715,735

5.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.710

FEB

$2,050,000

MAR APR

MEDIAN SALES PRICE

MAY

$863

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LOS FELIZ

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,515,000

$1,950,000

$1,625,000

$2,000,000

32.0%

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

$595

$762

$810

$763

28.2%

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

11

17

18

13

18.2%

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

18

19

18

9

-50.0%

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

90

100

91

74

-17.8%

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

99

103

46

39

-60.6%

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

5

5.3

5.1

5.7

13.8%

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

20.0%

19.0%

19.8%

12.2%

-39.2%

$1,650,597

$1,745,583

$1,855,000

$1,671,615

1.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.515

FEB

$2,000,000

MAR APR

MEDIAN SALES PRICE

MAY

$763

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MALIBU

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,250,000

$3,050,000

$3,275,000

$2,445,500

8.7%

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

$841

$898

$966

$777

-7.6%

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

15

21

18

12

-20.0%

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

11

12

13

10

-9.1%

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

192

219

205

187

-2.6%

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

145

116

163

106

-26.9%

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

12.8

10.4

11.4

15.6

21.7%

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

5.7%

5.5%

6.3%

5.3%

-6.7%

$2,480,167

$2,556,521

$2,153,500

$2,727,748

9.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$2.250

FEB

$2,445,500

MAR APR

MEDIAN SALES PRICE

MAY

$777

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

15.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.445 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MALIBU BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$16,000,000

$9,900,000

$6,975,000

$5,723,807

-64.2%

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

$7,039

$2,750

$1,999

$1,963

-72.1%

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

1

4

5

6

500.0%

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

2

4

2

6

200.0%

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

74

94

83

73

-1.4%

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

178

132

171

159

-10.7%

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

74

23.5

16.6

12.2

-83.6%

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

2.7%

4.3%

2.4%

8.2%

204.1%

$7,064,687

$9,033,551

$11,095,436

$9,453,216

25.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $16.000

JAN FEB

$5,723,807

MAR APR

MEDIAN SALES PRICE

MAY

$1,963

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

12.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$5.723 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MARINA DEL REY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,310,000

$1,030,000

$1,825,000

$1,605,000

22.5%

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

$793

$764

$801

$801

1.0%

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

1

11

8

4

300.0%

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

6

10

8

7

16.7%

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

30

41

33

33

10.0%

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

34

34

36

106

211.8%

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

30

3.7

4.1

8.2

-72.5%

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

20.0%

24.4%

24.2%

21.2%

6.1%

$1,366,169

$1,677,833

$1,865,167

$1,508,115

9.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.310

FEB

$1,605,000

MAR APR

MEDIAN SALES PRICE

MAY

$801

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.605 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MID LOS ANGELES

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$700,000

$800,000

$795,000

$660,400

-5.7%

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

$409

$452

$463

$458

12.0%

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

31

37

35

22

-29.0%

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

32

29

46

29

-9.4%

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

104

110

120

106

1.9%

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

46

31

46

49

6.5%

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

3.4

3

3.4

4.8

43.6%

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

30.8%

26.4%

38.3%

27.4%

-11.1%

$611,102

$710,150

$656,133

$703,473

13.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$700

FEB

$660,400

MAR APR

MEDIAN SALES PRICE

MAY

$458

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$660 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MID WILSHIRE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$870,000

$1,250,000

$880,000

$1,175,000

35.1%

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

$587

$456

$514

$835

42.2%

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

3

5

6

1

-66.7%

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

7

3

5

2

-71.4%

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

26

21

30

23

-11.5%

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

96

17

49

54

-43.8%

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

8.7

4.2

5

23

165.4%

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

26.9%

14.3%

16.7%

8.7%

-67.7%

$835,475

$1,026,917

$1,048,833

$970,423

13.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$870

FEB

$1,175,000

MAR APR

MEDIAN SALES PRICE

MAY

$835

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

23 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

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

Micro Market Report : January 2018


PACIFIC PALISADES

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$3,992,500

$4,690,000

$3,365,000

$2,843,000

-28.8%

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

$1,069

$1,254

$916

$1,261

18.0%

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

20

20

25

10

-50.0%

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

21

30

22

16

-23.8%

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

114

124

105

109

-4.4%

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

81

52

54

71

-12.3%

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

5.7

6.2

4.2

10.9

91.2%

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

18.4%

24.2%

21.0%

14.7%

-20.3%

$2,902,890

$3,053,559

$2,927,785

$3,201,203

9.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $3.992

JAN FEB

$2,843,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,261

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.843 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


PALMS - MAR VISTA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,409,500

$1,520,000

$1,511,760

$1,555,750

10.4%

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

$729

$820

$792

$777

6.6%

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

20

34

38

22

10.0%

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

13

25

37

27

107.7%

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

54

90

100

71

31.5%

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

65

31

37

29

-55.4%

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

2.7

2.6

2.6

3.2

19.5%

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

24.1%

27.8%

37.0%

38.0%

58.0%

$1,373,002

$1,540,718

$1,562,750

$1,500,910

8.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.409

FEB

$1,555,750

MAR APR

MEDIAN SALES PRICE

MAY

$777

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.555 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


PLAYA DEL REY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,524,500

$1,807,500

$1,632,500

$1,850,000

21.4%

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

$532

$647

$551

$622

16.9%

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

2

3

2

3

50.0%

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

3

1

2

5

66.7%

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

15

16

21

27

80.0%

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

96

21

16

24

-75.0%

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

7.5

5.3

10.5

9

20.0%

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

20.0%

6.2%

9.5%

18.5%

-7.4%

$1,536,877

$1,560,046

$1,436,925

$1,629,356

5.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.524

FEB

$1,850,000

MAR APR

MEDIAN SALES PRICE

MAY

$622

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.850 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


PLAYA VISTA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,755,000

$1,640,000

$4,019,598

$3,135,000

78.6%

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

$714

$563

$939

$907

27.0%

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

3

2

1

2

-33.3%

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

2

2

3

1

-50.0%

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

10

13

13

8

-20.0%

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

44

28

26

3

-93.2%

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

3.3

6.5

13

0.1

-96.2%

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

20.0%

15.4%

23.1%

12.5%

-37.5%

$1,097,604

$2,747,277

$2,403,167

$2,327,589

112.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.755

FEB

$3,135,000

MAR APR

MEDIAN SALES PRICE

MAY

$907

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

0.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.135 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SANTA MONICA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,876,000

$3,785,000

$3,804,000

$2,111,000

-26.6%

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

$1,142

$1,113

$1,229

$1,352

18.4%

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

19

18

14

7

-63.2%

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

9

17

18

13

44.4%

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

63

87

90

80

27.0%

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

64

23

41

55

-14.1%

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

3.3

4.8

6.4

11.4

244.7%

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

14.3%

19.5%

20.0%

16.2%

13.8%

$2,529,995

$3,054,000

$2,876,667

$2,802,500

9.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.876

JAN FEB

$2,111,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,352

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

11.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.111 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SUNSET STRIP - HOLLYWOOD HILLS WEST

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,680,000

$1,939,500

$1,742,500

$1,870,000

11.3%

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

$844

$853

$776

$787

-6.8%

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

38

42

36

27

-28.9%

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

40

38

49

36

-10.0%

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

311

358

366

317

1.9%

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

81

62

46

50

-38.3%

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

8.2

8.5

10.2

11.7

43.5%

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

12.9%

10.6%

13.4%

11.4%

-11.7%

$1,738,113

$1,783,875

$1,941,250

$1,836,472

5.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.680

FEB

$1,870,000

MAR APR

MEDIAN SALES PRICE

MAY

$787

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

11.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.870 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


VENICE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,511,825

$2,787,500

$1,925,250

$2,050,000

35.6%

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

$1,025

$1,169

$1,217

$1,119

9.2%

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

10

22

16

11

10.0%

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

13

19

27

14

7.7%

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

95

103

98

83

-12.6%

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

39

34

42

42

7.7%

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

9.5

4.7

6.1

7.5

-20.6%

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

13.7%

18.4%

27.6%

16.9%

23.3%

$1,818,936

$2,014,625

$1,990,833

$2,031,544

11.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.511

FEB

$2,050,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,119

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WEST HOLLYWOOD

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,915,000

$1,769,500

$1,580,000

$1,961,250

2.4%

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

$773

$1,073

$914

$1,049

35.7%

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

6

12

14

8

33.3%

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

10

11

12

3

-70.0%

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

65

51

62

45

-30.8%

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

58

70

48

55

-5.2%

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

10.8

4.2

4.4

5.6

-48.1%

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

15.4%

21.6%

19.4%

6.7%

-56.7%

$1,601,148

$1,880,208

$1,933,750

$1,758,143

8.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.915

FEB

$1,961,250

MAR APR

MEDIAN SALES PRICE

MAY

$1,049

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.961 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WEST LOS ANGELES

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$877,500

$1,250,000

$1,250,000

$1,233,075

40.5%

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

$737

$755

$806

$883

19.8%

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

6

15

12

6

0.0%

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

6

8

9

8

33.3%

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

28

39

38

33

17.9%

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

80

23

39

45

-43.8%

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

4.7

2.6

3.2

5.5

17.9%

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

21.4%

20.5%

23.7%

24.2%

13.1%

$1,016,313

$1,298,888

$1,361,858

$1,196,410

17.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$877

FEB

$1,233,075

MAR APR

MEDIAN SALES PRICE

MAY

$883

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.233 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WESTCHESTER

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$975,000

$1,192,500

$1,160,000

$1,047,544

7.4%

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

$564

$661

$638

$682

20.9%

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

19

32

34

20

5.3%

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

24

39

35

22

-8.3%

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

57

104

91

64

12.3%

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

44

30

32

46

4.5%

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

3

3.2

2.7

3.2

6.7%

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

42.1%

37.5%

38.5%

34.4%

-18.4%

$1,054,496

$1,175,007

$1,147,515

$1,137,311

7.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$975

FEB

$1,047,544

MAR APR

MEDIAN SALES PRICE

MAY

$682

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.047 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WESTWOOD - CENTURY CITY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,885,000

$2,022,499

$1,671,111

$2,235,500

18.6%

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

$838

$886

$847

$1,009

20.4%

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

13

10

10

11

-15.4%

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

10

12

12

13

30.0%

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

50

56

60

59

18.0%

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

41

30

31

27

-34.1%

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

3.8

5.6

6

5.4

39.5%

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

20.0%

21.4%

20.0%

22.0%

10.2%

$1,882,094

$2,190,685

$2,139,833

$2,100,332

11.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.885

FEB

$2,235,500

MAR APR

MEDIAN SALES PRICE

MAY

$1,009

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.235 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SOUTH BAY MACRO MARKET

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,479,125

$1,484,300

$1,423,617

$1,405,402

-5.0%

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

$620

$638

$639

$684

10.3%

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

166

257

220

136

-18.1%

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

169

288

230

192

13.6%

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

684

1,058

882

607

-11.3%

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

48

32

50

56

16.8%

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

4.1

4.1

4

4.5

8.3%

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

24.7%

27.2%

26.1%

31.6%

28.0%

$1,258,227

$1,327,953

$1,322,403

$1,364,948

8.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.479

JAN FEB

$1,405,402

MAR APR

MEDIAN SALES PRICE

MAY

$684

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.405 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


EL SEGUNDO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,391,125

$1,385,500

$1,309,500

$1,555,000

11.8%

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

$536

$621

$812

$632

17.9%

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

4

8

7

3

-25.0%

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

5

10

6

8

60.0%

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

16

27

23

18

12.5%

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

17

31

28

39

129.4%

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

4

0

3.3

6

50.0%

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

31.2%

37.0%

26.1%

44.4%

42.2%

$1,298,368

$1,321,750

$1,363,667

$1,301,087

0.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.391

FEB

$1,555,000

MAR APR

MEDIAN SALES PRICE

MAY

$632

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.555 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


HERMOSA BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,887,500

$2,199,000

$2,225,000

$2,002,500

6.1%

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

$886

$867

$1,175

$1,596

80.1%

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

4

7

9

10

150.0%

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

8

10

16

5

-37.5%

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

40

53

46

29

-27.5%

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

100

27

57

37

-63.0%

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

10

7.6

5.1

2.9

-71.0%

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

20.0%

18.9%

34.8%

17.2%

-13.8%

$1,676,323

$2,001,667

$1,860,000

$1,974,819

17.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.887

FEB

$2,002,500

MAR APR

MEDIAN SALES PRICE

MAY

$1,596

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.002 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MANHATTAN BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,900,000

$2,525,000

$3,285,000

$2,315,000

-20.2%

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

$1,317

$979

$1,094

$1,161

-11.8%

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

17

34

21

16

-5.9%

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

20

30

30

17

-15.0%

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

105

146

133

76

-27.6%

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

44

38

58

50

13.6%

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

6.2

4.3

6.3

4.8

-23.1%

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

19.0%

20.5%

22.6%

22.4%

17.4%

$2,265,792

$2,524,083

$2,396,667

$2,452,077

8.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.900

JAN FEB

$2,315,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,161

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.315 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


PALOS VERDES ESTATES

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,039,500

$2,199,000

$1,682,750

$1,607,500

-21.2%

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

$663

$827

$785

$738

11.3%

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

12

13

10

12

0.0%

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

18

22

13

15

-16.7%

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

74

107

82

59

-20.3%

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

46

40

51

68

47.8%

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

6.2

8.2

8.2

4.9

-20.3%

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

24.3%

20.6%

15.9%

25.4%

4.5%

$1,908,654

$1,744,375

$1,691,167

$1,877,096

-1.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.039

JAN FEB

$1,607,500

MAR APR

MEDIAN SALES PRICE

MAY

$738

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.607 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


RANCHO PALOS VERDES

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,236,500

$1,410,000

$1,325,000

$1,322,525

7.0%

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

$550

$566

$547

$561

2.0%

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

22

52

37

23

4.5%

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

21

36

27

33

57.1%

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

98

159

145

107

9.2%

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

54

32

33

56

3.7%

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

4.5

3.1

3.9

4.7

4.4%

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

21.4%

22.6%

18.6%

30.8%

43.9%

$1,282,188

$1,389,254

$1,283,508

$1,346,906

5.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.236

FEB

$1,322,525

MAR APR

MEDIAN SALES PRICE

MAY

$561

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.322 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


REDONDO BEACH- NORTH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$875,000

$855,000

$1,147,000

$1,030,000

17.7%

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

$618

$674

$608

$594

-3.9%

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

10

17

14

10

0.0%

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

13

18

14

21

61.5%

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

34

52

45

31

-8.8%

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

42

34

41

27

-35.7%

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

3.4

3.1

3.2

3.1

-8.8%

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

38.2%

34.6%

31.1%

67.7%

77.2%

$926,604

$1,015,167

$956,333

$970,769

4.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$875

FEB

$1,030,000

MAR APR

MEDIAN SALES PRICE

MAY

$594

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.030 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


REDONDO BEACH- SOUTH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,520,000

$1,287,000

$1,650,000

$1,537,000

1.1%

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

$758

$773

$690

$648

-14.5%

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

10

15

13

6

-40.0%

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

9

23

16

9

0.0%

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

36

66

53

33

-8.3%

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

32

27

25

74

131.2%

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

3.6

4.4

4.1

5.5

52.8%

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

25.0%

34.8%

30.2%

27.3%

9.1%

$1,377,248

$1,523,417

$1,493,500

$1,474,269

7.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.520

JAN FEB

$1,537,000

MAR APR

MEDIAN SALES PRICE

MAY

$648

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.537 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ROLLING HILLS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$3,950,000

$4,275,000

$3,059,500

$3,500,000

-11.4%

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

$776

$887

$578

$768

-1.0%

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

1

3

2

3

200.0%

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

1

1

3

3

200.0%

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

25

32

35

30

20.0%

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

116

8

175

127

9.5%

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

25

10.7

17.5

10

-60.0%

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

4.0%

3.1%

8.6%

10.0%

150.0%

$2,501,221

$3,383,167

$3,545,000

$3,094,825

23.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $3.950

JAN FEB

$3,500,000

MAR APR

MEDIAN SALES PRICE

MAY

$768

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.500 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ROLLING HILLS ESTATES

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,300,000

$1,565,000

$1,210,000

$1,850,000

-19.6%

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

$578

$621

$494

$566

-2.1%

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

3

9

3

3

0.0%

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

4

6

2

5

25.0%

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

19

39

33

18

-5.3%

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

64

94

78

93

45.3%

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

6.3

4.3

11

6

-5.3%

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

21.1%

15.4%

6.1%

27.8%

31.9%

$1,548,834

$1,603,000

$1,592,667

$1,592,192

2.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.300

JAN FEB

$1,850,000

MAR APR

MEDIAN SALES PRICE

MAY

$566

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.850 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SAN PEDRO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$671,000

$699,000

$634,500

$697,500

3.9%

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

$387

$452

$452

$384

-0.8%

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

22

33

30

11

-50.0%

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

32

41

32

30

-6.2%

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

113

133

107

85

-24.8%

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

40

37

48

40

0.0%

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

5.1

4

3.6

7.7

50.4%

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

28.3%

30.8%

29.9%

35.3%

24.6%

$616,418

$655,833

$642,667

$655,692

6.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$671

FEB

$697,500

MAR APR

MEDIAN SALES PRICE

MAY

$384

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$697 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


TORRANCE- COUNTY STRIP

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$529,500

$550,000

$575,000

$450,000

-15.0%

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

$346

$335

$414

$534

54.3%

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

10

2

8

1

-90.0%

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

3

8

7

3

0.0%

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

17

24

21

14

-17.6%

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

55

21

41

141

156.4%

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

1.7

12

2.6

14

723.5%

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

17.6%

33.3%

33.3%

21.4%

21.4%

$511,450

$533,750

$522,333

$525,404

2.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $529

JAN FEB

$450,000

MAR APR

MEDIAN SALES PRICE

MAY

$534

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

14 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$450 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


TORRANCE- NORTH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$655,500

$688,000

$667,000

$697,500

6.4%

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

$413

$441

$500

$456

10.4%

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

12

15

17

12

0.0%

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

16

19

11

10

-37.5%

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

32

43

36

23

-28.1%

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

40

22

27

14

-65.0%

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

2.7

2.9

2.1

1.9

-28.1%

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

50.0%

44.2%

30.6%

43.5%

-13.0%

$628,125

$682,750

$684,167

$667,712

6.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $655

JAN FEB

$697,500

MAR APR

MEDIAN SALES PRICE

MAY

$456

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$697 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


TORRANCE- SOUTH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$865,000

$977,500

$882,500

$981,500

13.5%

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

$539

$585

$542

$555

3.0%

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

21

16

20

8

-61.9%

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

7

29

26

14

100.0%

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

31

84

63

35

12.9%

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

12

22

38

15

25.0%

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

1.5

5.2

3.2

4.4

196.4%

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

22.6%

34.5%

41.3%

40.0%

77.1%

$877,311

$961,667

$968,333

$955,038

8.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$865

FEB

$981,500

MAR APR

MEDIAN SALES PRICE

MAY

$555

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$981 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


TORRANCE- SOUTHEAST

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$560,000

$749,500

$800,000

$660,000

17.9%

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

$382

$414

$397

$531

39.0%

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

8

18

10

6

-25.0%

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

3

20

14

11

266.7%

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

18

55

29

31

72.2%

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

21

26

26

31

47.6%

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

2.2

3.1

2.9

5.2

129.6%

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

16.7%

36.4%

48.3%

35.5%

112.9%

$638,479

$738,915

$718,830

$698,422

9.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$560

FEB

$660,000

MAR APR

MEDIAN SALES PRICE

MAY

$531

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$660 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


TORRANCE- WEST

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$806,250

$900,000

$901,500

$875,000

8.5%

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

$547

$522

$491

$534

-2.4%

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

10

15

19

12

20.0%

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

9

15

13

8

-11.1%

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

26

38

31

18

-30.8%

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

30

18

17

21

-30.0%

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

2.6

2.5

1.6

1.5

-42.3%

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

34.6%

39.5%

41.9%

44.4%

28.4%

$816,396

$897,917

$889,500

$887,904

8.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$806

FEB

$875,000

MAR APR

MEDIAN SALES PRICE

MAY

$534

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$875 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SAN FERNANDO VALLEY MACRO MARKET

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,005,375

$975,824

$958,941

$998,059

-0.7%

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

$466

$474

$475

$449

-3.8%

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

20

30

28

19

-2.3%

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

24

38

34

24

2.2%

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

53

75

65

48

-9.5%

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

75

46

56

56

-25.0%

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

2.7

2.5

2.3

2.5

-7.4%

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

44.7%

50.1%

52.8%

50.5%

13.0%

$900,774

$998,706

$1,018,314

$962,989

6.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.005

JAN FEB

$998,059

MAR APR

MEDIAN SALES PRICE

MAY

$449

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$998 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


AGOURA HILLS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$820,000

$1,070,000

$925,000

$790,000

-3.7%

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

$367

$423

$389

$412

12.3%

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

14

30

14

14

0.0%

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

16

30

12

20

25.0%

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

41

59

60

44

7.3%

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

65

71

54

93

43.1%

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

2.9

2

4.3

3.1

7.3%

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

39.0%

50.8%

20.0%

45.5%

16.5%

$843,583

$922,667

$903,333

$961,077

13.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$820

FEB

$790,000

MAR APR

MEDIAN SALES PRICE

MAY

$412

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$790 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BURBANK

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$815,000

$760,000

$811,000

$825,000

1.2%

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

$493

$534

$518

$485

-1.6%

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

39

47

50

37

-5.1%

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

41

57

69

32

-22.0%

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

54

84

69

45

-16.7%

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

56

37

39

56

0.0%

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

1.4

1.8

1.4

1.2

-12.2%

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

75.9%

67.9%

100.0%

71.1%

-6.3%

$749,750

$817,167

$830,000

$793,462

5.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $815

JAN FEB

$825,000

MAR APR

MEDIAN SALES PRICE

MAY

$485

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$825 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CALABASAS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,503,000

$1,397,000

$1,135,000

$1,520,000

1.1%

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

$437

$478

$439

$439

0.5%

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

8

27

13

11

37.5%

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

13

30

34

24

84.6%

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

75

94

71

64

-14.7%

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

93

65

96

107

15.1%

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

9.4

3.5

5.5

5.8

-37.9%

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

17.3%

31.9%

47.9%

37.5%

116.3%

$1,440,583

$1,419,333

$1,512,667

$1,386,615

-3.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.503

FEB

$1,520,000

MAR APR

MEDIAN SALES PRICE

MAY

$439

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.520 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ENCINO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,605,000

$1,181,000

$1,283,000

$1,785,000

11.2%

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

$502

$549

$573

$542

8.0%

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

32

51

46

23

-28.1%

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

28

56

36

38

35.7%

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

99

120

102

75

-24.2%

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

89

48

56

70

-21.3%

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

3.1

2.4

2.2

3.3

5.4%

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

28.3%

46.7%

35.3%

50.7%

79.1%

$1,259,917

$1,476,333

$1,550,000

$1,366,308

8.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.605

FEB

$1,785,000

MAR APR

MEDIAN SALES PRICE

MAY

$542

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.785 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


GLENDALE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$910,000

$968,000

$985,000

$882,000

-3.1%

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

$510

$508

$486

$479

-6.1%

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

37

62

59

59

59.5%

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

34

71

66

46

35.3%

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

66

116

113

58

-12.1%

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

50

42

47

50

0.0%

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

1.7

1.7

1.4

1.8

6.1%

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

67.6%

63.8%

73.9%

51.5%

-23.8%

$854,083

$913,333

$905,000

$908,917

6.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$880

FEB

$882,000

MAR APR

MEDIAN SALES PRICE

MAY

$479

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$910 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LA CRESCENTA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$898,000

$950,000

$775,000

$965,000

7.5%

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

$538

$517

$515

$553

2.8%

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

10

19

16

17

70.0%

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

10

24

11

11

10.0%

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

17

24

25

14

-17.6%

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

60

29

34

33

-45.0%

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

1.7

1.3

1.6

0.8

-51.6%

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

58.8%

100.0%

44.0%

78.6%

33.6%

$802,917

$859,333

$888,667

$854,692

6.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $898

JAN FEB

$965,000

MAR APR

MEDIAN SALES PRICE

MAY

$553

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

0.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$965 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


NORTH HOLLYWOOD

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$570,000

$571,000

$600,000

$625,000

9.6%

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

$416

$404

$460

$400

-3.8%

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

29

25

30

18

-37.9%

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

30

43

56

23

-23.3%

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

42

63

58

35

-16.7%

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

79

38

51

66

-16.5%

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

1.4

2.5

1.9

1.9

34.3%

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

71.4%

68.3%

96.6%

65.7%

-8.0%

$528,750

$606,000

$606,000

$581,231

9.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$570

FEB

$625,000

MAR APR

MEDIAN SALES PRICE

MAY

$400

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$625 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SHADOW HILLS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$667,000

$795,000

$728,000

$0

-100.0%

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

$508

$303

$363

$0

-100.0%

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

3

6

2

0

-100.0%

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

5

4

6

4

-20.0%

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

13

7

8

13

0.0%

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

67

39

85

0

-100.0%

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

4.3

1.2

4

n/a

n/a

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

38.5%

57.1%

75.0%

30.8%

-20.0%

$766,083

$744,000

$687,000

$808,769

5.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$667

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 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SHERMAN OAKS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$994,000

$1,173,000

$1,195,000

$1,220,000

22.7%

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

$502

$542

$552

$548

9.2%

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

38

46

55

35

-7.9%

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

62

71

60

45

-27.4%

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

104

150

114

81

-22.1%

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

72

54

51

58

-19.4%

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

2.7

3.3

2.1

2.3

-15.4%

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

59.6%

47.3%

52.6%

55.6%

-6.8%

$1,139,917

$1,168,000

$1,211,667

$1,166,462

2.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$994

FEB

$1,220,000

MAR APR

MEDIAN SALES PRICE

MAY

$548

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.220 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


STUDIO CITY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,483,000

$1,299,000

$1,325,000

$1,965,000

32.5%

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

$629

$590

$602

$601

-4.5%

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

18

25

29

21

16.7%

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

19

40

38

37

94.7%

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

67

70

71

54

-19.4%

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

115

52

53

67

-41.7%

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

3.7

2.8

2.4

2.6

-30.9%

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

28.4%

57.1%

53.5%

68.5%

141.6%

$1,421,417

$1,430,667

$1,538,333

$1,425,538

0.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.483

FEB

$1,965,000

MAR APR

MEDIAN SALES PRICE

MAY

$601

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.965 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SUN VALLEY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$525,000

$628,000

$533,000

$582,000

10.9%

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

$361

$392

$361

$400

10.8%

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

13

22

13

14

7.7%

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

18

23

20

17

-5.6%

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

18

24

21

17

-5.6%

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

46

30

31

41

-10.9%

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

1.4

1.1

1.6

1.2

-12.3%

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

100.0%

95.8%

95.2%

100.0%

0.0%

Average Median Price for Last 12 Months

$488,917

$556,667

$573,333

$537,692

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

$525

FEB

$582,000

MAR APR

MEDIAN SALES PRICE

MAY

$400

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$582 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SUNLAND/TUJUNGA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$548,000

$588,000

$525,000

$612,000

11.7%

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

$367

$360

$396

$427

16.3%

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

26

14

14

15

-42.3%

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

30

17

22

15

-50.0%

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

37

23

21

15

-59.5%

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

72

38

34

31

-56.9%

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

1.4

1.6

1.5

1

-29.7%

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

81.1%

73.9%

104.8%

100.0%

23.3%

$548,083

$556,333

$565,667

$580,385

5.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$548

FEB

$612,000

MAR APR

MEDIAN SALES PRICE

MAY

$427

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$612 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


TARZANA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,038,000

$1,050,000

$1,100,000

$803,000

-22.6%

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

$405

$398

$436

$462

14.1%

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

16

33

27

20

25.0%

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

35

31

20

23

-34.3%

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

49

91

83

77

57.1%

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

102

48

61

66

-35.3%

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

3.1

2.8

3.1

3.8

25.7%

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

71.4%

34.1%

24.1%

29.9%

-58.2%

$1,023,667

$1,031,667

$944,667

$1,034,308

1.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.038

JAN FEB

$803,000

MAR APR

MEDIAN SALES PRICE

MAY

$462

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$803 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


TOLUCA LAKE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,521,000

$1,380,000

$1,390,000

$1,508,000

-0.9%

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

$541

$714

$611

$558

3.1%

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

6

7

3

4

-33.3%

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

3

4

4

8

166.7%

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

18

18

17

16

-11.1%

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

67

43

86

33

-50.7%

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

3

2.6

5.7

4

33.3%

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

16.7%

22.2%

23.5%

50.0%

200.0%

$1,361,583

$1,395,167

$1,517,667

$1,588,077

16.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.521

FEB

$1,508,000

MAR APR

MEDIAN SALES PRICE

MAY

$558

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.508 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


VALLEY VILLAGE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,079,000

$965,000

$945,000

$967,000

-10.4%

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

$474

$511

$540

$507

7.0%

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

12

19

12

10

-16.7%

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

12

23

22

6

-50.0%

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

22

28

23

18

-18.2%

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

61

55

36

81

32.8%

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

1.8

1.5

1.9

1.8

-1.8%

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

54.5%

82.1%

95.7%

33.3%

-38.9%

$906,917

$1,003,667

$1,021,000

$973,462

7.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.079

JAN FEB

$967,000

MAR APR

MEDIAN SALES PRICE

MAY

$507

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$967 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WESTLAKE VILLAGE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,265,000

$999,000

$1,180,000

$985,000

-22.1%

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

$598

$437

$457

$414

-30.8%

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

10

21

25

11

10.0%

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

18

33

29

15

-16.7%

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

86

121

97

88

2.3%

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

72

49

57

44

-38.9%

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

8.6

5.8

3.9

8

-7.0%

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

20.9%

27.3%

29.9%

17.0%

-18.6%

$1,198,000

$1,244,333

$1,208,667

$1,213,000

1.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.265

JAN FEB

$985,000

MAR APR

MEDIAN SALES PRICE

MAY

$414

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$985 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WOODLAND HILLS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$755,000

$815,000

$867,000

$905,000

19.9%

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

$325

$400

$377

$373

14.8%

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

42

61

63

41

-2.4%

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

42

84

75

63

50.0%

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

113

187

146

100

-11.5%

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

78

46

80

56

-28.2%

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

2.7

3.1

2.3

2.4

-9.3%

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

37.2%

44.9%

51.4%

63.0%

69.5%

$758,833

$828,667

$838,333

$862,538

13.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$755

FEB

$905,000

MAR APR

MEDIAN SALES PRICE

MAY

$373

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$905 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SAN GABRIEL VALLEY MACRO MARKET

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,209,917

$1,082,417

$1,043,917

$1,148,083

-5.1%

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

$513

$555

$549

$564

10.0%

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

17

26

30

14

-13.6%

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

19

28

31

18

-6.1%

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

49

62

90

46

-7.3%

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

68

39

45

53

-22.8%

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

3

2.4

3

3.2

7.3%

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

38.9%

44.8%

34.3%

39.4%

1.3%

$1,034,722

$1,069,222

$1,086,639

$1,078,231

4.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.209

JAN FEB

$1,148,083

MAR APR

MEDIAN SALES PRICE

MAY

$564

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.148 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ALHAMBRA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$646,000

$692,000

$676,000

$805,000

24.6%

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

$449

$504

$448

$491

9.4%

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

10

16

25

13

30.0%

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

12

23

18

14

16.7%

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

38

28

19

24

-36.8%

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

25

36

31

41

64.0%

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

3.8

1.8

0.8

1.8

-51.4%

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

31.6%

82.1%

94.7%

58.3%

84.7%

$620,250

$705,667

$728,333

$679,769

9.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$646

FEB

$805,000

MAR APR

MEDIAN SALES PRICE

MAY

$491

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$805 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ALTADENA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$791,000

$833,000

$779,000

$823,000

4.0%

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

$471

$485

$459

$522

10.8%

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

23

34

32

22

-4.3%

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

30

38

41

28

-6.7%

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

36

39

39

43

19.4%

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

67

40

41

37

-44.8%

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

1.6

1.1

1.2

2

24.9%

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

83.3%

97.4%

105.1%

65.1%

-21.9%

$744,167

$813,167

$806,000

$810,846

9.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$791

FEB

$823,000

MAR APR

MEDIAN SALES PRICE

MAY

$522

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$823 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ARCADIA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,041,000

$1,400,000

$1,280,000

$1,390,000

-31.9%

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

$575

$564

$520

$531

-7.7%

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

30

39

36

22

-26.7%

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

29

50

37

28

-3.4%

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

175

236

203

171

-2.3%

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

76

54

58

57

-25.0%

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

5.8

6.1

5.6

7.8

33.2%

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

16.6%

21.2%

18.2%

16.4%

-1.2%

$1,289,917

$1,323,500

$1,401,333

$1,320,077

2.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.041

JAN FEB

$1,390,000

MAR APR

MEDIAN SALES PRICE

MAY

$531

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.390 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


DUARTE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$525,000

$495,000

$468,000

$542,000

3.2%

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

$302

$360

$383

$391

29.5%

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

5

10

20

10

100.0%

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

10

21

17

11

10.0%

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

22

30

17

22

0.0%

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

88

24

41

51

-42.0%

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

4.4

3

0.8

2.2

-50.0%

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

45.5%

70.0%

100.0%

50.0%

10.0%

$475,833

$527,333

$532,333

$506,846

6.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$525

FEB

$542,000

MAR APR

MEDIAN SALES PRICE

MAY

$391

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$542 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


EAGLE ROCK

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$908,000

$880,000

$1,028,000

$1,081,000

19.1%

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

$443

$580

$525

$627

41.5%

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

10

4

57

13

30.0%

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

11

8

64

17

54.5%

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

20

11

234

17

-15.0%

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

105

46

47

65

-38.1%

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

2

2.8

4.1

1.3

-34.6%

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

55.0%

72.7%

27.4%

100.0%

81.8%

$801,000

$901,667

$934,667

$843,077

5.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$908

FEB

$1,081,000

MAR APR

MEDIAN SALES PRICE

MAY

$627

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.081 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LA CANADA FLINTRIDGE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,375,000

$1,750,000

$1,360,000

$2,275,000

-4.2%

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

$594

$706

$570

$652

9.8%

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

12

21

55

10

-16.7%

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

16

26

59

8

-50.0%

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

37

47

239

33

-10.8%

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

71

62

56

35

-50.7%

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

3.1

2.2

4.3

3.3

7.0%

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

43.2%

55.3%

24.7%

24.2%

-43.9%

$1,741,417

$1,729,833

$1,927,000

$1,801,000

3.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.375

JAN FEB

$2,275,000

MAR APR

MEDIAN SALES PRICE

MAY

$652

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.275 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MONROVIA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$689,000

$787,000

$695,000

$653,000

-5.2%

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

$436

$459

$462

$470

7.8%

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

20

22

20

14

-30.0%

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

19

26

27

18

-5.3%

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

36

43

40

23

-36.1%

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

67

16

42

48

-28.4%

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

1.8

2

2

1.6

-8.7%

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

52.8%

60.5%

67.5%

78.3%

48.3%

$638,500

$707,667

$709,000

$702,923

10.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$689

FEB

$653,000

MAR APR

MEDIAN SALES PRICE

MAY

$470

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$653 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


PASADENA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$759,000

$992,000

$940,000

$899,000

18.4%

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

$531

$583

$573

$553

4.1%

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

40

95

67

32

-20.0%

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

67

93

64

52

-22.4%

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

137

167

152

122

-10.9%

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

62

45

45

74

19.4%

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

3.4

1.8

2.3

3.8

11.3%

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

48.9%

55.7%

42.1%

42.6%

-12.8%

$838,500

$936,167

$941,667

$913,615

9.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$759

FEB

$899,000

MAR APR

MEDIAN SALES PRICE

MAY

$553

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$899 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SAN GABRIEL

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$696,000

$760,000

$760,000

$828,000

19.0%

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

$454

$499

$492

$478

5.3%

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

24

23

22

18

-25.0%

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

15

21

16

23

53.3%

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

31

48

54

27

-12.9%

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

81

38

33

34

-58.0%

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

1.3

2.1

2.5

1.5

16.1%

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

48.4%

43.8%

29.6%

85.2%

76.0%

$730,750

$825,167

$830,333

$788,692

7.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$696

FEB

$828,000

MAR APR

MEDIAN SALES PRICE

MAY

$478

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$828 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SAN MARINO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,445,000

$2,170,000

$2,438,000

$2,088,000

-14.6%

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

$931

$955

$932

$724

-22.2%

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

12

17

11

6

-50.0%

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

6

11

12

7

16.7%

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

33

57

48

37

12.1%

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

64

31

63

115

79.7%

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

2.8

3.4

4.4

6.2

124.2%

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

18.2%

19.3%

25.0%

18.9%

4.1%

$2,252,333

$2,028,500

$1,923,333

$2,177,000

-3.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$2.445

FEB

$2,088,000

MAR APR

MEDIAN SALES PRICE

MAY

$724

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.088 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SIERRA MADRE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,300,000

$1,115,000

$865,000

$693,000

-46.7%

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

$425

$482

$522

$643

51.3%

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

7

13

6

4

-42.9%

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

9

9

6

7

-22.2%

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

15

21

24

18

20.0%

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

46

35

41

36

-21.7%

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

2.1

1.6

4

4.5

110.0%

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

60.0%

42.9%

25.0%

38.9%

-35.2%

$1,032,750

$950,167

$844,333

$1,025,308

-0.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.300

JAN FEB

$693,000

MAR APR

MEDIAN SALES PRICE

MAY

$643

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$693 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SOUTH PASADENA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,344,000

$1,115,000

$1,238,000

$1,700,000

26.5%

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

$544

$482

$706

$689

26.7%

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

6

13

5

8

33.3%

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

6

9

10

3

-50.0%

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

11

21

12

11

0.0%

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

65

35

39

38

-41.5%

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

1.8

1.6

2.4

1.4

-25.0%

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

54.5%

42.9%

83.3%

27.3%

-50.0%

$1,251,250

$1,381,833

$1,461,333

$1,369,615

9.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.344

FEB

$1,700,000

MAR APR

MEDIAN SALES PRICE

MAY

$689

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.700 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ORANGE COUNTY

ORANGE COUNTY MACRO

IRVINE

NEWPORT HEIGHTS

ALISO VIEJO

LADERA RANCH

RANCHO SANTA MARGARITA

BALBOA PENINSULA

LAGUNA BEACH

SAN CLEMENTE

CORONA DEL MAR - SPYGLASS

LAGUNA HILLS

SAN JUAN CAPISTRANO

COTO DE CAZA

LAGUNA NIGUEL

SEAL BEACH

CRYSTAL COVE

LAGUNA WOODS

SHADY CANYON

DANA POINT

LOWER NEWPORT BAY - BALBOA ISLAND

TURTLE RIDGE

EAST BLUFF - HARBOR VIEW

MISSION VIEJO

TURTLE ROCK

EAST COSTA MESA

NELLE GAIL

WESTMINSTER

FOUNTAIN VALLEY

NEWPORT BEACH

WEST BAY - SANTA ANA HEIGHTS

HUNTINGTON BEACH

NEWPORT COAST

WEST NEWPORT - LIDO

Micro Market Report : January 2018


COUNTY: ORANGE AREA: 948 SQ MILES FOUNDED: 1889

Micro Market Report : January 2018


ORANGE COUNTY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$735,000

$780,000

$776,000

$775,000

5.4%

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

$434

$451

$477

$469

8.1%

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

1132

1762

1605

1063

-6.1%

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

1317

1875

1647

1352

2.7%

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

4,966

6,778

5,810

4,546

-8.5%

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

57

44

51

51

-10.5%

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

4.4

3.8

3.6

4.3

-2.5%

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

26.5%

27.7%

28.3%

29.7%

12.1%

$732,079

$781,250

$780,000

$773,192

5.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $735

JAN FEB

$775,000

MAR APR

MEDIAN SALES PRICE

MAY

$469

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$775 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ALISO VIEJO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$855,000

$815,000

$787,450

$859,000

0.5%

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

$359

$398

$382

$354

-1.4%

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

11

21

28

9

-18.2%

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

13

20

14

12

-7.7%

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

42

55

35

21

-50.0%

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

42

33

49

42

0.0%

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

3.8

2.6

1.2

2.3

-38.9%

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

31.0%

36.4%

40.0%

57.1%

84.6%

$779,896

$818,658

$808,000

$813,185

4.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $855

JAN FEB

$859,000

MAR APR

MEDIAN SALES PRICE

MAY

$354

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$859 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BALBOA PENINSULA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$2,499,500

$1,300,000

$3,450,000

$3,600,000

44.0%

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

$1,474

$1,052

$1,593

$1,475

0.1%

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

8

1

5

10

25.0%

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

5

8

8

3

-40.0%

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

39

40

35

30

-23.1%

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

97

70

172

82

-15.5%

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

4.9

40

7

3

-38.5%

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

12.8%

20.0%

22.9%

10.0%

-22.0%

$3,574,542

$3,220,833

$3,058,333

$3,081,692

-13.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$2.499

FEB

$3,600,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,475

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.600 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CORONA DEL MAR - SPYGLASS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$3,199,230

$3,112,000

$3,270,000

$3,600,000

12.5%

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

$988

$1,133

$1,519

$1,108

12.1%

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

9

15

8

13

44.4%

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

11

10

12

12

9.1%

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

66

80

79

75

13.6%

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

81

85

89

172

112.3%

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

7.3

5.3

9.9

5.8

-21.3%

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

16.7%

12.5%

15.2%

16.0%

-4.0%

$2,930,561

$2,823,333

$3,002,667

$2,842,915

-3.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$3.199

FEB

$3,600,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,108

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.600 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


COTO DE CAZA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,230,000

$1,120,000

$1,295,000

$1,350,000

9.8%

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

$353

$337

$352

$330

-6.5%

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

17

20

18

3

-82.4%

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

24

19

17

15

-37.5%

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

93

132

112

93

0.0%

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

78

54

66

62

-20.5%

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

5.5

6.6

6.2

31

466.7%

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

25.8%

14.4%

15.2%

16.1%

-37.5%

$1,184,756

$1,256,583

$1,294,000

$1,225,000

3.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.230

FEB

$1,350,000

MAR APR

MEDIAN SALES PRICE

MAY

$330

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

31 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

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

Micro Market Report : January 2018


CRYSTAL COVE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$0

$6,900,000

$6,215,000

$4,300,000

n/a

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

$0

$1,222

$1,276

$1,074

n/a

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

0

5

6

1

n/a

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

2

1

3

3

50.0%

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

21

22

23

24

14.3%

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

44

105

34

112

154.5%

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

n/a

4.4

3.8

24

n/a

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

9.5%

4.5%

13.0%

12.5%

31.2%

$5,612,637

$7,214,306

$5,593,844

$7,270,139

29.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN FEB

$4,300,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,074

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

24 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$4.300 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


DANA POINT

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,020,000

$1,114,500

$1,162,500

$1,050,000

2.9%

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

$581

$627

$654

$502

-13.6%

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

16

28

36

17

6.2%

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

29

28

33

23

-20.7%

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

144

199

176

134

-6.9%

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

100

73

70

83

-17.0%

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

9

7.1

4.9

7.9

-12.4%

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

20.1%

14.1%

18.8%

17.2%

-14.8%

$1,026,720

$1,161,917

$1,173,000

$1,110,538

8.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JAN

$1.020

FEB

$1,050,000

MAR APR

MEDIAN SALES PRICE

MAY

$502

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


EAST BLUFF - HARBOR VIEW

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

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

$1,972,500

$2,195,000

$2,115,000

$3,025,000

53.4%

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

$740

$753

$748

$675

-8.8%

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

10

25

15

9

-10.0%

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

10

16

12

21

110.0%

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

75

109

95

95

26.7%

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

91

65

69

67

-26.4%

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

7.5

4.4

6.3

10.6

40.7%

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

13.3%

14.7%

12.6%

22.1%

65.8%

$1,837,551

$2,204,833

$2,217,167

$2,090,308

13.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.972

FEB

$3,025,000

MAR APR

MEDIAN SALES PRICE

MAY

$675

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.025 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


EAST COSTA MESA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,023,000

$912,500

$992,873

$907,000

-11.3%

Average Price per Square Foot ..............

$524

$642

$606

$490

-6.5%

Properties Sold ...................................

7

20

19

10

42.9%

Properties Pending Sale .......................

17

17

21

19

11.8%

Properties For Sale ..............................

49

70

84

65

32.7%

Days on Market (Pending Sale) .............

43

59

63

52

20.9%

Month’s Supply of Inventory .................

7

3.5

4.4

6.5

-7.1%

Percent Under Contract .......................

34.7%

24.3%

25.0%

29.2%

-15.7%

$1,021,237

$1,013,312

$1,027,333

$1,016,298

-0.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.023

FEB

$907,000

MAR APR

MEDIAN SALES PRICE

MAY

$490

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$907 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


FOUNTAIN VALLEY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$735,500

$767,000

$763,500

$785,000

6.7%

Average Price per Square Foot ..............

$365

$407

$416

$401

9.9%

Properties Sold ...................................

22

31

22

19

-13.6%

Properties Pending Sale .......................

19

28

23

18

-5.3%

Properties For Sale ..............................

51

65

61

50

-2.0%

Days on Market (Pending Sale) .............

30

33

31

22

-26.7%

Month’s Supply of Inventory .................

2.3

2.1

2.8

2.6

13.5%

Percent Under Contract .......................

37.3%

43.1%

37.7%

36.0%

-3.4%

$745,371

$775,917

$777,667

$777,404

4.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$735

FEB

$785,000

MAR APR

MEDIAN SALES PRICE

MAY

$401

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$785 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


HUNTINGTON BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$820,000

$880,000

$877,000

$830,000

1.2%

Average Price per Square Foot ..............

$456

$487

$497

$506

11.0%

Properties Sold ...................................

55

127

105

59

7.3%

Properties Pending Sale .......................

75

135

110

62

-17.3%

Properties For Sale ..............................

242

360

295

218

-9.9%

Days on Market (Pending Sale) .............

41

47

42

45

9.8%

Month’s Supply of Inventory .................

4.4

2.8

2.8

3.7

-16.0%

Percent Under Contract .......................

31.0%

37.5%

37.3%

28.4%

-8.2%

$813,913

$875,583

$875,833

$858,038

5.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$820

FEB

$830,000

MAR APR

MEDIAN SALES PRICE

MAY

$506

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$830 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


IRVINE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,080,000

$1,097,500

$1,080,000

$1,139,500

5.5%

Average Price per Square Foot ..............

$479

$511

$506

$548

14.4%

Properties Sold ...................................

66

114

81

64

-3.0%

Properties Pending Sale .......................

72

131

97

90

25.0%

Properties For Sale ..............................

328

497

365

335

2.1%

Days on Market (Pending Sale) .............

53

46

67

41

-22.6%

Month’s Supply of Inventory .................

5

4.4

4.5

5.2

5.3%

Percent Under Contract .......................

22.0%

26.4%

26.6%

26.9%

22.4%

$1,059,168

$1,144,083

$1,169,833

$1,118,115

5.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.080

FEB

$1,139,500

MAR APR

MEDIAN SALES PRICE

MAY

$548

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.139 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LADERA RANCH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$895,000

$930,000

$871,500

$990,150

10.6%

Average Price per Square Foot ..............

$342

$361

$363

$340

-0.6%

Properties Sold ...................................

10

40

28

9

-10.0%

Properties Pending Sale .......................

19

22

29

23

21.1%

Properties For Sale ..............................

74

128

113

87

17.6%

Days on Market (Pending Sale) .............

51

48

63

46

-9.8%

Month’s Supply of Inventory .................

7.4

3.2

4

9.7

30.6%

Percent Under Contract .......................

25.7%

17.2%

25.7%

26.4%

3.0%

$869,500

$963,175

$1,024,850

$934,038

7.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$895

FEB

$990,150

MAR APR

MEDIAN SALES PRICE

MAY

$340

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$990 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LAGUNA BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,929,500

$1,850,000

$1,900,000

$2,600,000

34.7%

Average Price per Square Foot ..............

$912

$1,058

$1,198

$1,106

21.3%

Properties Sold ...................................

25

26

31

21

-16.0%

Properties Pending Sale .......................

26

30

31

20

-23.1%

Properties For Sale ..............................

183

280

264

213

16.4%

Days on Market (Pending Sale) .............

161

62

89

106

-34.2%

Month’s Supply of Inventory .................

7.3

10.8

8.5

10.1

38.6%

Percent Under Contract .......................

14.2%

10.7%

11.7%

9.4%

-33.9%

$1,913,250

$2,044,417

$2,237,167

$2,113,815

10.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.929

FEB

$2,600,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,106

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.600 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LAGUNA NIGUEL

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$876,500

$910,000

$1,010,000

$933,000

6.4%

Average Price per Square Foot ..............

$398

$465

$440

$448

12.6%

Properties Sold ...................................

34

61

53

23

-32.4%

Properties Pending Sale .......................

43

74

58

52

20.9%

Properties For Sale ..............................

180

273

220

162

-10.0%

Days on Market (Pending Sale) .............

85

56

63

60

-29.4%

Month’s Supply of Inventory .................

5.3

4.5

4.2

7

33.0%

Percent Under Contract .......................

23.9%

27.1%

26.4%

32.1%

34.4%

$869,500

$957,317

$924,300

$945,392

8.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$876

FEB

$933,000

MAR APR

MEDIAN SALES PRICE

MAY

$448

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$933 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LAGUNA HILLS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$870,000

$915,000

$815,000

$763,000

-12.3%

Average Price per Square Foot ..............

$392

$379

$386

$398

1.5%

Properties Sold ...................................

19

17

23

11

-42.1%

Properties Pending Sale .......................

10

22

24

16

60.0%

Properties For Sale ..............................

67

114

90

59

-11.9%

Days on Market (Pending Sale) .............

67

50

70

68

1.5%

Month’s Supply of Inventory .................

3.5

6.7

3.9

5.4

52.1%

Percent Under Contract .......................

14.9%

19.3%

26.7%

27.1%

81.7%

$822,571

$821,833

$847,833

$833,366

1.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $870

JAN FEB

$763,000

MAR APR

MEDIAN SALES PRICE

MAY

$398

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$763 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LAGUNA WOODS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% 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

$129,917

$852,250

$852,250

$852,250

556.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT 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 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LANTERN VILLAGE IN DANA POINT

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$715,000

$955,000

$1,025,000

$1,535,000

114.7%

Average Price per Square Foot ..............

$794

$655

$828

$463

-41.7%

Properties Sold ...................................

1

2

6

4

300.0%

Properties Pending Sale .......................

3

5

12

2

-33.3%

Properties For Sale ..............................

19

30

36

15

-21.1%

Days on Market (Pending Sale) .............

46

41

89

6

-87.0%

Month’s Supply of Inventory .................

19

15

6

3.8

-80.3%

Percent Under Contract .......................

15.8%

16.7%

33.3%

13.3%

-15.6%

$891,792

$1,104,833

$1,163,833

$1,077,731

20.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$715

FEB

$1,535,000

MAR APR

MEDIAN SALES PRICE

MAY

$463

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.535 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LOWER NEWPORT BAY - BALBOA ISLAND

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$2,450,000

$3,587,500

$4,175,000

$3,800,000

55.1%

Average Price per Square Foot ..............

$1,127

$1,446

$1,438

$1,514

34.3%

Properties Sold ...................................

2

6

8

3

50.0%

Properties Pending Sale .......................

8

9

7

5

-37.5%

Properties For Sale ..............................

30

40

37

22

-26.7%

Days on Market (Pending Sale) .............

70

35

110

98

40.0%

Month’s Supply of Inventory .................

15

6.7

4.6

7.3

-51.1%

Percent Under Contract .......................

26.7%

22.5%

18.9%

22.7%

-14.8%

$2,985,833

$3,523,333

$3,255,000

$3,432,819

15.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$2.450

FEB

$3,800,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,514

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.800 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MISSION VIEJO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$709,200

$753,750

$735,000

$725,000

2.2%

Average Price per Square Foot ..............

$355

$367

$366

$387

9.0%

Properties Sold ...................................

62

98

84

69

11.3%

Properties Pending Sale .......................

75

107

86

72

-4.0%

Properties For Sale ..............................

203

291

219

189

-6.9%

Days on Market (Pending Sale) .............

55

31

44

45

-18.2%

Month’s Supply of Inventory .................

3.3

3

2.6

2.7

-16.3%

Percent Under Contract .......................

36.9%

36.8%

39.3%

38.1%

3.1%

$686,892

$737,000

$733,167

$733,862

6.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $709

JAN FEB

$725,000

MAR APR

MEDIAN SALES PRICE

MAY

$387

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$725 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MONARCH BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,700,000

$1,450,672

$1,654,500

$1,225,000

-27.9%

Average Price per Square Foot ..............

$689

$789

$852

$675

-2.0%

Properties Sold ...................................

6

10

12

6

0.0%

Properties Pending Sale .......................

11

8

8

10

-9.1%

Properties For Sale ..............................

68

83

70

62

-8.8%

Days on Market (Pending Sale) .............

125

82

53

62

-50.4%

Month’s Supply of Inventory .................

11.3

8.3

5.8

10.3

-8.8%

Percent Under Contract .......................

16.2%

9.6%

11.4%

16.1%

-0.3%

$1,726,750

$1,605,667

$1,480,000

$1,678,629

-2.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.700

FEB

$1,225,000

MAR APR

MEDIAN SALES PRICE

MAY

$675

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.225 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


NELLE GAIL

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$975,000

$915,000

$815,000

$763,000

-21.7%

Average Price per Square Foot ..............

$395

$379

$386

$398

0.8%

Properties Sold ...................................

18

17

22

11

-38.9%

Properties Pending Sale .......................

64

22

24

16

-75.0%

Properties For Sale ..............................

64

112

91

59

-7.8%

Days on Market (Pending Sale) .............

67

50

70

68

1.5%

Month’s Supply of Inventory .................

3.6

6.6

4.1

5.4

50.9%

Percent Under Contract .......................

100.0%

19.6%

26.4%

27.1%

-72.9%

Average Median Price for Last 12 Months

$834,046

$821,417

$843,667

$847,133

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 $975

JAN FEB

$763,000

MAR APR

MEDIAN SALES PRICE

MAY

$398

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$763 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


NEWPORT BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,957,500

$2,122,500

$2,450,000

$3,025,000

54.5%

Average Price per Square Foot ..............

$903

$825

$1,002

$1,015

12.4%

Properties Sold ...................................

44

60

55

33

-25.0%

Properties Pending Sale .......................

39

62

52

49

25.6%

Properties For Sale ..............................

275

360

311

258

-6.2%

Days on Market (Pending Sale) .............

69

69

89

64

-7.2%

Month’s Supply of Inventory .................

6.2

6

5.7

7.8

25.1%

Percent Under Contract .......................

14.2%

17.2%

16.7%

19.0%

33.9%

$1,959,650

$2,466,667

$2,400,000

$2,319,423

18.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.957

FEB

$3,025,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,015

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.025 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


NEWPORT COAST

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$3,090,000

$6,900,000

$3,430,000

$2,677,500

-13.3%

Average Price per Square Foot ..............

$866

$1,110

$990

$775

-10.5%

Properties Sold ...................................

8

9

25

6

-25.0%

Properties Pending Sale .......................

13

7

19

14

7.7%

Properties For Sale ..............................

100

105

103

79

-21.0%

Days on Market (Pending Sale) .............

56

92

77

70

25.0%

Month’s Supply of Inventory .................

12.5

11.7

4.1

13.2

5.3%

Percent Under Contract .......................

13.0%

6.7%

18.4%

17.7%

36.3%

$2,786,760

$3,599,250

$3,513,500

$3,756,385

34.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$3.090

FEB

$2,677,500

MAR APR

MEDIAN SALES PRICE

MAY

$775

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

13.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.677 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


NEWPORT HEIGHTS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,420,000

$3,574,000

$2,250,000

$3,230,000

127.5%

Average Price per Square Foot ..............

$624

$764

$889

$718

15.1%

Properties Sold ...................................

7

3

8

2

-71.4%

Properties Pending Sale .......................

4

7

10

5

25.0%

Properties For Sale ..............................

28

50

39

33

17.9%

Days on Market (Pending Sale) .............

54

109

38

64

18.5%

Month’s Supply of Inventory .................

4

16.7

4.9

16.5

312.5%

Percent Under Contract .......................

14.3%

14.0%

25.6%

15.2%

6.1%

$1,646,469

$2,295,750

$2,261,500

$2,344,846

42.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.420

FEB

$3,230,000

MAR APR

MEDIAN SALES PRICE

MAY

$718

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

16.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.230 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


RANCHO SANTA MARGARITA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$720,000

$800,000

$706,500

$821,500

14.1%

Average Price per Square Foot ..............

$337

$346

$360

$335

-0.6%

Properties Sold ...................................

35

49

27

24

-31.4%

Properties Pending Sale .......................

31

47

43

28

-9.7%

Properties For Sale ..............................

74

131

109

66

-10.8%

Days on Market (Pending Sale) .............

35

40

34

32

-8.6%

Month’s Supply of Inventory .................

2.1

2.7

4

2.8

30.1%

Percent Under Contract .......................

41.9%

35.9%

39.4%

42.4%

1.3%

$722,083

$767,583

$786,167

$760,692

5.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$720

FEB

$821,500

MAR APR

MEDIAN SALES PRICE

MAY

$335

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$821 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SAN CLEMENTE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$927,500

$982,600

$995,063

$1,000,000

7.8%

Average Price per Square Foot ..............

$390

$414

$418

$437

12.1%

Properties Sold ...................................

34

52

57

42

23.5%

Properties Pending Sale .......................

48

61

59

44

-8.3%

Properties For Sale ..............................

219

311

259

196

-10.5%

Days on Market (Pending Sale) .............

50

55

69

71

42.0%

Month’s Supply of Inventory .................

6.4

6

4.5

4.7

-27.5%

Percent Under Contract .......................

21.9%

19.6%

22.8%

22.4%

2.4%

$928,385

$984,011

$991,500

$971,470

4.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$927

FEB

$1,000,000

MAR APR

MEDIAN SALES PRICE

MAY

$437

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SAN JUAN CAPISTRANO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$712,500

$1,015,000

$721,000

$1,286,544

80.6%

Average Price per Square Foot ..............

$368

$360

$370

$418

13.6%

Properties Sold ...................................

24

43

32

28

16.7%

Properties Pending Sale .......................

27

38

33

34

25.9%

Properties For Sale ..............................

127

180

167

132

3.9%

Days on Market (Pending Sale) .............

61

56

63

81

32.8%

Month’s Supply of Inventory .................

5.3

4.2

5.2

4.7

-10.9%

Percent Under Contract .......................

21.3%

21.1%

19.8%

25.8%

21.2%

$923,772

$1,017,804

$1,073,015

$1,001,256

8.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$712

FEB

$1,286,544

MAR APR

MEDIAN SALES PRICE

MAY

$418

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.286 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SEAL BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$932,500

$1,128,700

$917,500

$919,000

-1.4%

Average Price per Square Foot ..............

$449

$504

$521

$528

17.6%

Properties Sold ...................................

6

11

14

7

16.7%

Properties Pending Sale .......................

8

19

13

15

87.5%

Properties For Sale ..............................

29

51

38

27

-6.9%

Days on Market (Pending Sale) .............

101

46

166

83

-17.8%

Month’s Supply of Inventory .................

4.8

4.6

2.7

3.9

-20.2%

Percent Under Contract .......................

27.6%

37.3%

34.2%

55.6%

101.4%

$1,015,021

$929,958

$951,333

$955,765

-5.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$932

FEB

$919,000

MAR APR

MEDIAN SALES PRICE

MAY

$528

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$919 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SHADY CANYON

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,700,000

$2,235,084

$1,900,000

$1,736,000

2.1%

Average Price per Square Foot ..............

$588

$683

$625

$821

39.6%

Properties Sold ...................................

13

14

7

8

-38.5%

Properties Pending Sale .......................

9

15

12

10

11.1%

Properties For Sale ..............................

78

99

74

62

-20.5%

Days on Market (Pending Sale) .............

101

46

166

83

-17.8%

Month’s Supply of Inventory .................

6

7.1

10.6

7.8

29.2%

Percent Under Contract .......................

11.5%

15.2%

16.2%

16.1%

39.8%

$1,826,958

$1,779,750

$1,957,833

$1,905,569

4.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.700

FEB

$1,736,000

MAR APR

MEDIAN SALES PRICE

MAY

$821

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.736 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


TURTLE RIDGE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,622,500

$2,924,500

$0

$0

-100.0%

Average Price per Square Foot ..............

$627

$711

$0

$0

-100.0%

Properties Sold ...................................

2

2

0

0

-100.0%

Properties Pending Sale .......................

3

0

2

1

-66.7%

Properties For Sale ..............................

25

24

22

20

-20.0%

Days on Market (Pending Sale) .............

62

0

36

47

-24.2%

Month’s Supply of Inventory .................

12.5

12

n/a

n/a

n/a

Percent Under Contract .......................

12.0%

0.0%

9.1%

5.0%

-58.3%

$2,134,929

$2,239,167

$2,782,500

$2,240,831

5.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.622

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 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


TURTLE ROCK

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,510,000

$1,277,000

$2,280,000

$1,500,000

-0.7%

Average Price per Square Foot ..............

$596

$629

$594

$608

2.0%

Properties Sold ...................................

7

7

4

5

-28.6%

Properties Pending Sale .......................

7

11

6

5

-28.6%

Properties For Sale ..............................

45

45

25

21

-53.3%

Days on Market (Pending Sale) .............

109

36

250

87

-20.2%

Month’s Supply of Inventory .................

6.4

6.4

6.2

4.2

-34.7%

Percent Under Contract .......................

15.6%

24.4%

24.0%

23.8%

53.1%

$1,818,917

$1,734,583

$1,783,333

$1,839,088

1.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.510

FEB

$1,500,000

MAR APR

MEDIAN SALES PRICE

MAY

$608

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.500 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WESTMINSTER

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$620,000

$638,000

$663,000

$656,550

5.9%

Average Price per Square Foot ..............

$355

$380

$375

$427

20.3%

Properties Sold ...................................

19

35

35

21

10.5%

Properties Pending Sale .......................

19

29

32

28

47.4%

Properties For Sale ..............................

59

82

70

59

0.0%

Days on Market (Pending Sale) .............

30

26

29

26

-13.3%

Month’s Supply of Inventory .................

3.1

2.3

2

2.8

-9.5%

Percent Under Contract .......................

32.2%

35.4%

45.7%

47.5%

47.4%

$604,583

$643,908

$643,150

$636,612

5.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $620

JAN FEB

$656,550

MAR APR

MEDIAN SALES PRICE

MAY

$427

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$656 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WEST BAY - SANTA ANA HEIGHTS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,613,750

$1,925,000

$1,850,000

$1,793,980

11.2%

Average Price per Square Foot ..............

$705

$662

$766

$823

16.7%

Properties Sold ...................................

10

15

10

4

-60.0%

Properties Pending Sale .......................

10

13

10

11

10.0%

Properties For Sale ..............................

52

55

55

38

-26.9%

Days on Market (Pending Sale) .............

43

95

52

45

4.7%

Month’s Supply of Inventory .................

5.2

3.7

5.5

9.5

82.7%

Percent Under Contract .......................

19.2%

23.6%

18.2%

28.9%

50.5%

$1,605,646

$1,882,330

$1,804,660

$1,783,537

11.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.613

FEB

$1,793,980

MAR APR

MEDIAN SALES PRICE

MAY

$823

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.793 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WEST NEWPORT - LIDO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,365,000

$1,807,500

$1,975,000

$2,400,000

75.8%

Average Price per Square Foot ..............

$1,192

$1,059

$1,183

$1,033

-13.3%

Properties Sold ...................................

7

10

9

5

-28.6%

Properties Pending Sale .......................

1

9

5

4

300.0%

Properties For Sale ..............................

49

65

49

40

-18.4%

Days on Market (Pending Sale) .............

79

41

152

51

-35.4%

Month’s Supply of Inventory .................

7

6.5

5.4

8

14.3%

Percent Under Contract .......................

2.0%

13.8%

10.2%

10.0%

390.0%

$2,336,625

$3,315,000

$3,755,000

$2,983,077

27.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.365

FEB

$2,400,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,033

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018



SANTA BARBARA COUNTY

CARPINTERIA

SANTA BARBARA EAST OF STATE

GOLETA

SANTA BARBARA WEST OF STATE

HOPE RANCH

SANTA YNEZ

MONTECITO

Micro Market Report : January 2018


COUNTY: SANTA BARBARA AREA: 3,789 SQ MILES FOUNDED: 1850

Micro Market Report : January 2018


CARPINTERIA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$807,000

$1,060,000

$1,295,000

$1,250,000

54.9%

Average Price per Square Foot ..............

$590

$744

$1,823

$1,645

178.8%

Properties Sold ...................................

4

5

7

4

0.0%

Properties Pending Sale .......................

4

4

6

4

0.0%

Properties For Sale ..............................

40

43

38

28

-30.0%

Days on Market (Pending Sale) .............

116

123

60

24

-79.3%

Month’s Supply of Inventory .................

10

8.6

5.4

7

-30.0%

Percent Under Contract .......................

10.0%

9.3%

15.8%

14.3%

42.9%

$1,020,139

$1,160,333

$1,184,833

$1,156,692

13.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$807

FEB

$1,250,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,645

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.250 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


GOLETA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$815,000

$900,250

$840,000

$780,000

-4.3%

Average Price per Square Foot ..............

$431

$471

$539

$523

21.3%

Properties Sold ...................................

9

12

12

6

-33.3%

Properties Pending Sale .......................

13

9

12

14

7.7%

Properties For Sale ..............................

28

33

33

27

-3.6%

Days on Market (Pending Sale) .............

69

25

27

34

-50.7%

Month’s Supply of Inventory .................

3.1

2.8

2.8

4.5

44.6%

Percent Under Contract .......................

46.4%

27.3%

36.4%

51.9%

11.7%

$841,669

$860,750

$879,667

$847,144

0.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$815

FEB

$780,000

MAR APR

MEDIAN SALES PRICE

MAY

$523

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$780 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


HOPE RANCH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$2,600,000

$4,504,000

$7,000,000

$5,400,000

107.7%

Average Price per Square Foot ..............

$696

$887

$734

$0

-100.0%

Properties Sold ...................................

7

2

5

1

-85.7%

Properties Pending Sale .......................

4

0

3

8

100.0%

Properties For Sale ..............................

39

36

36

31

-20.5%

Days on Market (Pending Sale) .............

146

0

107

227

55.5%

Month’s Supply of Inventory .................

5.6

18

7.2

31

456.4%

Percent Under Contract .......................

10.3%

0.0%

8.3%

25.8%

151.6%

$3,168,333

$4,037,375

$4,041,417

$3,378,601

6.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$2.600

FEB

$5,400,000

MAR APR

MEDIAN SALES PRICE

MAY

NO SALES

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

31 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$5.400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MONTECITO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$4,500,000

$2,850,000

$2,688,000

$2,697,500

-40.1%

Average Price per Square Foot ..............

$751

$1,022

$834

$856

14.0%

Properties Sold ...................................

9

13

9

10

11.1%

Properties Pending Sale .......................

15

26

15

5

-66.7%

Properties For Sale ..............................

174

180

170

116

-33.3%

Days on Market (Pending Sale) .............

100

65

96

91

-9.0%

Month’s Supply of Inventory .................

19.3

13.8

18.9

11.6

-40.0%

Percent Under Contract .......................

8.6%

14.4%

8.8%

4.3%

-50.0%

$3,027,917

$2,824,660

$2,673,067

$3,055,074

0.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $4.500

JAN FEB

$2,697,500

MAR APR

MEDIAN SALES PRICE

MAY

$856

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

11.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.697 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SANTA BARBARA EAST OF STATE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,134,342

$999,500

$1,393,500

$2,060,000

81.6%

Average Price per Square Foot ..............

$636

$658

$724

$692

8.8%

Properties Sold ...................................

22

22

26

14

-36.4%

Properties Pending Sale .......................

20

27

27

31

55.0%

Properties For Sale ..............................

115

140

126

109

-5.2%

Days on Market (Pending Sale) .............

53

69

31

57

7.5%

Month’s Supply of Inventory .................

5.2

6.4

4.8

7.8

48.9%

Percent Under Contract .......................

17.4%

19.3%

21.4%

28.4%

63.5%

$1,243,816

$1,572,648

$1,648,796

$1,436,479

15.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.134

FEB

$2,060,000

MAR APR

MEDIAN SALES PRICE

MAY

$692

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.060 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SANTA BARBARA WEST OF STATE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$945,898

$1,100,000

$1,165,000

$930,000

-1.7%

Average Price per Square Foot ..............

$642

$747

$688

$696

8.4%

Properties Sold ...................................

10

23

21

9

-10.0%

Properties Pending Sale .......................

17

27

20

13

-23.5%

Properties For Sale ..............................

75

80

62

48

-36.0%

Days on Market (Pending Sale) .............

52

62

39

51

-1.9%

Month’s Supply of Inventory .................

7.5

3.5

3

5.3

-28.9%

Percent Under Contract .......................

22.7%

33.8%

32.3%

27.1%

19.5%

$1,067,221

$1,097,083

$1,064,167

$1,104,877

3.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$945

FEB

$930,000

MAR APR

MEDIAN SALES PRICE

MAY

$696

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$930 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SANTA YNEZ

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$754,000

$741,000

$902,500

$1,670,000

121.5%

Average Price per Square Foot ..............

$454

$410

$423

$465

2.4%

Properties Sold ...................................

10

19

16

9

-10.0%

Properties Pending Sale .......................

13

19

21

19

46.2%

Properties For Sale ..............................

131

173

150

123

-6.1%

Days on Market (Pending Sale) .............

145

89

87

124

-14.5%

Month’s Supply of Inventory .................

13.1

9.1

9.4

13.7

4.3%

Percent Under Contract .......................

9.9%

11.0%

14.0%

15.4%

55.7%

$762,374

$929,375

$1,044,167

$915,609

20.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$754

FEB

$1,670,000

MAR APR

MEDIAN SALES PRICE

MAY

$465

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

13.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.670 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018



MONTEREY COUNTY

CARMEL

PACIFIC GROVE

CARMEL VALLEY

PEBBLE BEACH

MARINA

SALINAS

MONTEREY

SEASIDE

Micro Market Report : January 2018


COUNTY: MONTEREY AREA: 3,771 SQ MILES FOUNDED: 1850

Micro Market Report : January 2018


CARMEL

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,510,000

$1,325,000

$1,325,000

$2,055,000

36.1%

Average Price per Square Foot ..............

$899

$903

$1,029

$919

2.2%

Properties Sold ...................................

24

17

27

17

-29.2%

Properties Pending Sale .......................

18

30

33

21

16.7%

Properties For Sale ..............................

146

197

182

121

-17.1%

Days on Market (Pending Sale) .............

117

69

95

87

-25.6%

Month’s Supply of Inventory .................

6.1

11.6

6.7

7.1

17.0%

Percent Under Contract .......................

12.3%

15.2%

18.1%

17.4%

40.8%

$1,450,625

$1,686,250

$1,722,500

$1,571,108

8.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.510

FEB

$2,055,000

MAR APR

MEDIAN SALES PRICE

MAY

$919

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.055 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CARMEL VALLEY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$805,000

$1,007,450

$1,005,000

$1,200,000

49.1%

Average Price per Square Foot ..............

$407

$431

$529

$490

20.4%

Properties Sold ...................................

3

8

8

8

166.7%

Properties Pending Sale .......................

8

9

14

7

-12.5%

Properties For Sale ..............................

54

72

70

55

1.9%

Days on Market (Pending Sale) .............

90

47

60

121

34.4%

Month’s Supply of Inventory .................

18

9

8.7

6.9

-61.8%

Percent Under Contract .......................

14.8%

12.5%

20.0%

12.7%

-14.1%

$1,102,083

$995,750

$996,500

$1,019,727

-7.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$805

FEB

$1,200,000

MAR APR

MEDIAN SALES PRICE

MAY

$490

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.200 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MARINA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$549,000

$561,250

$565,000

$531,500

-3.2%

Average Price per Square Foot ..............

$327

$321

$333

$367

12.2%

Properties Sold ...................................

7

20

15

12

71.4%

Properties Pending Sale .......................

6

16

13

17

183.3%

Properties For Sale ..............................

32

51

53

37

15.6%

Days on Market (Pending Sale) .............

50

30

45

50

0.0%

Month’s Supply of Inventory .................

4.6

2.6

3.5

3.1

-32.6%

Percent Under Contract .......................

18.8%

31.4%

24.5%

45.9%

145.0%

$493,750

$557,583

$554,833

$545,343

10.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $549

JAN FEB

$531,500

MAR APR

MEDIAN SALES PRICE

MAY

$367

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$531 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MONTEREY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$766,500

$799,500

$840,000

$794,435

3.6%

Average Price per Square Foot ..............

$461

$479

$504

$469

1.7%

Properties Sold ...................................

16

26

23

15

-6.2%

Properties Pending Sale .......................

12

26

26

28

133.3%

Properties For Sale ..............................

63

106

113

88

39.7%

Days on Market (Pending Sale) .............

80

46

64

53

-33.8%

Month’s Supply of Inventory .................

3.9

4.1

4.9

5.9

49.0%

Percent Under Contract .......................

19.0%

24.5%

23.0%

31.8%

67.0%

$756,571

$827,989

$861,978

$801,072

5.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$766

FEB

$794,435

MAR APR

MEDIAN SALES PRICE

MAY

$469

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$794 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


PACIFIC GROVE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$995,000

$899,500

$900,000

$944,500

-5.1%

Average Price per Square Foot ..............

$734

$584

$569

$465

-36.6%

Properties Sold ...................................

9

16

13

6

-33.3%

Properties Pending Sale .......................

15

14

11

11

-26.7%

Properties For Sale ..............................

42

54

53

36

-14.3%

Days on Market (Pending Sale) .............

133

92

73

20

-85.0%

Month’s Supply of Inventory .................

4.7

3.4

4.1

6

28.6%

Percent Under Contract .......................

35.7%

25.9%

20.8%

30.6%

-14.4%

$868,083

$935,333

$985,833

$961,885

10.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$995

FEB

$944,500

MAR APR

MEDIAN SALES PRICE

MAY

$465

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$944 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


PEBBLE BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,797,500

$1,487,500

$2,100,000

$2,700,000

50.2%

Average Price per Square Foot ..............

$580

$758

$918

$868

49.7%

Properties Sold ...................................

6

12

10

9

50.0%

Properties Pending Sale .......................

3

8

11

13

333.3%

Properties For Sale ..............................

74

93

94

73

-1.4%

Days on Market (Pending Sale) .............

177

85

89

144

-18.6%

Month’s Supply of Inventory .................

12.3

7.8

9.4

8.1

-34.2%

Percent Under Contract .......................

4.1%

8.6%

11.7%

17.8%

339.3%

$1,734,583

$2,100,407

$1,970,167

$1,778,957

2.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.797

FEB

$2,700,000

MAR APR

MEDIAN SALES PRICE

MAY

$868

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.700 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SALINAS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$467,000

$492,000

$495,000

$485,000

3.9%

Average Price per Square Foot ..............

$304

$308

$310

$312

2.6%

Properties Sold ...................................

36

52

59

50

38.9%

Properties Pending Sale .......................

37

60

66

44

18.9%

Properties For Sale ..............................

159

194

209

122

-23.3%

Days on Market (Pending Sale) .............

64

41

51

47

-26.6%

Month’s Supply of Inventory .................

4.4

3.7

3.5

2.4

-44.8%

Percent Under Contract .......................

23.3%

30.9%

31.6%

36.1%

55.0%

$456,625

$485,046

$486,000

$488,733

7.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$467

FEB

$485,000

MAR APR

MEDIAN SALES PRICE

MAY

$312

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$485 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SEASIDE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$480,000

$580,000

$510,000

$549,000

14.4%

Average Price per Square Foot ..............

$402

$339

$367

$401

-0.2%

Properties Sold ...................................

9

7

20

12

33.3%

Properties Pending Sale .......................

12

21

13

12

0.0%

Properties For Sale ..............................

42

60

54

39

-7.1%

Days on Market (Pending Sale) .............

40

22

40

63

57.5%

Month’s Supply of Inventory .................

4.7

8.6

2.7

3.2

-30.4%

Percent Under Contract .......................

28.6%

35.0%

24.1%

30.8%

7.7%

$457,820

$508,025

$522,200

$510,665

11.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$480

FEB

$549,000

MAR APR

MEDIAN SALES PRICE

MAY

$401

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$549 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SAN DIEGO COUNTY

SAN DIEGO MACRO

LA MESA

CARLSBAD

LEMON GROVE

CARMEL VALLEY

NATIONAL CITY

CHULA VISTA

OCEANSIDE

CORONADO

POWAY

DEL MAR

RANCHO BERNARDO

EL CAJON

SAN MARCOS

ENCINITAS

SANTEE

ESCONDIDO

SOLANA BEACH

IMPERIAL BEACH

VISTA

LA JOLLA

Micro Market Report : January 2018


COUNTY: SAN DIEGO AREA: 4,526 SQ MILES FOUNDED: 1850

Micro Market Report : January 2018


SAN DIEGO COUNTY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$556,500

$619,500

$610,000

$595,000

6.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

1360

2050

1927

1316

-3.2%

Properties Pending Sale .......................

1889

2286

1995

1791

-5.2%

Properties For Sale ..............................

6,238

7,383

6,682

5,509

-11.7%

Days on Market (Pending Sale) .............

45

35

37

38

-15.6%

Month’s Supply of Inventory .................

4.6

3.6

3.5

4.2

-8.7%

Percent Under Contract .......................

30.3%

31.0%

29.9%

32.5%

7.4%

$561,750

$610,167

$610,000

$600,460

6.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$556

FEB

$595,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$595 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BAY PARK/OLD TOWN/MIDWAY DISTRICT

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$796,000

$789,000

$860,000

$799,762

0.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

5

9

13

10

100.0%

Properties Pending Sale .......................

5

9

8

12

140.0%

Properties For Sale ..............................

24

25

21

27

12.5%

Days on Market (Pending Sale) .............

25

42

28

25

0.0%

Month’s Supply of Inventory .................

4.8

2.8

1.6

2.7

-43.8%

Percent Under Contract .......................

20.8%

36.0%

38.1%

44.4%

113.3%

$744,404

$855,402

$868,921

$812,378

8.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$796

FEB

$799,762

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$799 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CARLSBAD

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$860,000

$903,556

$985,805

$945,000

9.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

65

92

100

58

-10.8%

Properties Pending Sale .......................

80

99

94

67

-16.2%

Properties For Sale ..............................

273

329

262

198

-27.5%

Days on Market (Pending Sale) .............

51

32

36

30

-41.2%

Month’s Supply of Inventory .................

4.2

3.6

2.6

3.4

-18.7%

Percent Under Contract .......................

29.3%

30.1%

35.9%

33.8%

15.5%

$864,648

$941,032

$927,963

$933,058

7.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$860

FEB

$945,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$945 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CARMEL VALLEY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,332,500

$1,315,000

$1,150,000

$1,230,000

-7.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

28

49

33

13

-53.6%

Properties Pending Sale .......................

46

41

36

24

-47.8%

Properties For Sale ..............................

122

147

125

98

-19.7%

Days on Market (Pending Sale) .............

48

45

33

29

-39.6%

Month’s Supply of Inventory .................

4.4

3

3.8

7.5

73.0%

Percent Under Contract .......................

37.7%

27.9%

28.8%

24.5%

-35.0%

$1,154,708

$1,113,733

$1,026,667

$1,188,800

2.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.332

JAN FEB

$1,230,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.230 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CHULA VISTA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$513,750

$564,750

$545,000

$550,000

7.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

106

154

144

81

-23.6%

Properties Pending Sale .......................

129

150

127

128

-0.8%

Properties For Sale ..............................

356

455

391

340

-4.5%

Days on Market (Pending Sale) .............

37

32

41

32

-13.5%

Month’s Supply of Inventory .................

3.4

3

2.7

4.2

25.0%

Percent Under Contract .......................

36.2%

33.0%

32.5%

37.6%

3.9%

$510,731

$560,333

$568,333

$545,531

6.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$513

FEB

$550,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$550 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CLAIREMONT/BAY HO/BAY PARK

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$600,000

$640,000

$660,750

$692,444

15.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

25

41

34

19

-24.0%

Properties Pending Sale .......................

30

42

36

28

-6.7%

Properties For Sale ..............................

59

105

91

62

5.1%

Days on Market (Pending Sale) .............

29

22

23

27

-6.9%

Month’s Supply of Inventory .................

2.4

2.6

2.7

3.3

38.3%

Percent Under Contract .......................

50.8%

40.0%

39.6%

45.2%

-11.2%

$590,192

$654,116

$664,648

$644,073

8.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$600

FEB

$692,444

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$692 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CORONADO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,575,000

$1,850,000

$2,342,500

$2,337,500

48.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

7

18

12

14

100.0%

Properties Pending Sale .......................

16

16

19

10

-37.5%

Properties For Sale ..............................

115

118

102

84

-27.0%

Days on Market (Pending Sale) .............

65

58

156

74

13.8%

Month’s Supply of Inventory .................

16.4

6.6

8.5

6

-63.5%

Percent Under Contract .......................

13.9%

13.6%

18.6%

11.9%

-14.4%

$1,670,395

$2,296,167

$2,459,000

$1,982,846

15.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.575

FEB

$2,337,500

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.337 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


DEL MAR

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,715,000

$1,535,000

$2,500,000

$1,895,000

10.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

8

8

14

17

112.5%

Properties Pending Sale .......................

14

17

15

19

35.7%

Properties For Sale ..............................

77

127

123

87

13.0%

Days on Market (Pending Sale) .............

87

52

69

49

-43.7%

Month’s Supply of Inventory .................

9.6

15.9

8.8

5.1

-46.8%

Percent Under Contract .......................

18.2%

13.4%

12.2%

21.8%

20.1%

$1,845,125

$2,052,604

$1,931,667

$1,883,894

2.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.715

FEB

$1,895,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.895 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


EL CAJON

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$480,000

$496,500

$518,500

$490,000

2.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

57

88

104

77

35.1%

Properties Pending Sale .......................

98

120

121

99

1.0%

Properties For Sale ..............................

296

319

301

262

-11.5%

Days on Market (Pending Sale) .............

49

28

31

51

4.1%

Month’s Supply of Inventory .................

5.2

3.6

2.9

3.4

-34.5%

Percent Under Contract .......................

33.1%

37.6%

40.2%

37.8%

14.1%

$479,547

$517,158

$513,983

$508,208

5.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$480

FEB

$490,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$490 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ENCINITAS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,155,000

$1,210,000

$1,345,000

$1,180,000

2.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

29

35

31

18

-37.9%

Properties Pending Sale .......................

28

48

24

39

39.3%

Properties For Sale ..............................

117

157

120

112

-4.3%

Days on Market (Pending Sale) .............

43

37

22

41

-4.7%

Month’s Supply of Inventory .................

4

4.5

3.9

6.2

54.2%

Percent Under Contract .......................

23.9%

30.6%

20.0%

34.8%

45.5%

$1,168,769

$1,229,083

$1,226,500

$1,205,535

3.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.155

FEB

$1,180,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.180 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ESCONDIDO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$500,000

$532,000

$515,500

$517,000

3.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

104

151

132

102

-1.9%

Properties Pending Sale .......................

118

165

130

123

4.2%

Properties For Sale ..............................

392

551

453

377

-3.8%

Days on Market (Pending Sale) .............

48

29

34

46

-4.2%

Month’s Supply of Inventory .................

3.8

3.6

3.4

3.7

-1.9%

Percent Under Contract .......................

30.1%

29.9%

28.7%

32.6%

8.4%

$503,051

$531,500

$538,167

$531,385

5.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$500

FEB

$517,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$517 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


IMPERIAL-BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$549,950

$545,000

$582,500

$517,500

-5.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

6

13

8

12

100.0%

Properties Pending Sale .......................

5

18

14

11

120.0%

Properties For Sale ..............................

35

40

42

42

20.0%

Days on Market (Pending Sale) .............

55

41

41

12

-78.2%

Month’s Supply of Inventory .................

5.8

3.1

5.2

3.5

-40.0%

Percent Under Contract .......................

14.3%

45.0%

33.3%

26.2%

83.3%

$503,475

$574,167

$569,167

$568,182

11.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$549

FEB

$517,500

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$517 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LA JOLLA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,955,000

$2,332,500

$2,128,250

$2,750,000

40.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

15

20

38

17

13.3%

Properties Pending Sale .......................

22

24

27

16

-27.3%

Properties For Sale ..............................

209

272

222

205

-1.9%

Days on Market (Pending Sale) .............

104

74

85

65

-37.5%

Month’s Supply of Inventory .................

13.9

13.6

5.8

12.1

-13.5%

Percent Under Contract .......................

10.5%

8.8%

12.2%

7.8%

-25.9%

$1,941,750

$2,305,792

$2,460,500

$2,209,250

12.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.955

FEB

$2,750,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

12.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.750 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LA MESA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$522,500

$575,388

$540,000

$585,000

12.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

40

62

43

35

-12.5%

Properties Pending Sale .......................

59

69

65

56

-5.1%

Properties For Sale ..............................

153

163

204

151

-1.3%

Days on Market (Pending Sale) .............

41

26

28

30

-26.8%

Month’s Supply of Inventory .................

2.6

2.4

3.1

4.3

66.4%

Percent Under Contract .......................

38.6%

42.3%

31.9%

37.1%

-3.8%

$517,583

$581,917

$598,333

$567,376

8.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$522

FEB

$585,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$585 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LINDA VISTA/CLAIREMONT MESA EAST

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$535,000

$645,000

$630,500

$622,500

16.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

14

20

12

14

0.0%

Properties Pending Sale .......................

21

17

12

16

-23.8%

Properties For Sale ..............................

27

38

32

26

-3.7%

Days on Market (Pending Sale) .............

16

29

15

22

37.5%

Month’s Supply of Inventory .................

1.3

2.2

2.7

1.9

44.4%

Percent Under Contract .......................

77.8%

44.7%

37.5%

61.5%

-20.9%

$542,708

$615,208

$618,833

$598,281

9.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$535

FEB

$622,500

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$622 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LEMON GROVE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$400,000

$452,500

$447,500

$450,000

12.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

12

21

26

17

41.7%

Properties Pending Sale .......................

12

22

23

25

108.3%

Properties For Sale ..............................

38

54

47

45

18.4%

Days on Market (Pending Sale) .............

31

48

50

28

-9.7%

Month’s Supply of Inventory .................

3.2

2.5

2

2.6

-16.4%

Percent Under Contract .......................

31.6%

40.7%

48.9%

55.6%

75.9%

$412,875

$442,417

$442,667

$437,904

5.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$400

FEB

$450,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$450 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


NATIONAL CITY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$395,000

$423,500

$410,000

$460,000

16.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

9

18

17

9

0.0%

Properties Pending Sale .......................

14

24

23

18

28.6%

Properties For Sale ..............................

44

58

60

45

2.3%

Days on Market (Pending Sale) .............

39

31

29

54

38.5%

Month’s Supply of Inventory .................

3.1

2.4

2.6

5

59.1%

Percent Under Contract .......................

31.8%

41.4%

38.3%

40.0%

25.7%

$372,729

$433,492

$444,483

$414,265

10.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$395

FEB

$460,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$460 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


OCEANSIDE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$525,000

$559,000

$565,000

$568,375

8.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

75

135

125

92

22.7%

Properties Pending Sale .......................

115

159

98

112

-2.6%

Properties For Sale ..............................

286

380

279

251

-12.2%

Days on Market (Pending Sale) .............

31

27

31

34

9.7%

Month’s Supply of Inventory .................

3.8

2.8

2.2

2.7

-28.5%

Percent Under Contract .......................

40.2%

41.8%

35.1%

44.6%

11.0%

$1,006,000

$556,863

$559,458

$544,629

-84.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$525

FEB

$568,375

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$568 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


POWAY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$659,800

$793,000

$776,000

$783,500

18.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

24

53

41

30

25.0%

Properties Pending Sale .......................

44

47

59

36

-18.2%

Properties For Sale ..............................

132

177

147

101

-23.5%

Days on Market (Pending Sale) .............

34

23

38

22

-35.3%

Month’s Supply of Inventory .................

5.5

3.3

3.6

3.4

-38.8%

Percent Under Contract .......................

33.3%

26.6%

40.1%

35.6%

6.9%

$665,879

$744,658

$750,667

$743,346

10.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$659

FEB

$783,500

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$783 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


RANCHO BERNARDO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$815,000

$887,062

$945,000

$821,100

0.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

71

116

77

57

-19.7%

Properties Pending Sale .......................

84

96

68

68

-19.0%

Properties For Sale ..............................

274

276

223

209

-23.7%

Days on Market (Pending Sale) .............

47

32

26

30

-36.2%

Month’s Supply of Inventory .................

4.2

4.3

5

3.7

-13.3%

Percent Under Contract .......................

30.7%

34.8%

30.5%

32.5%

6.1%

$748,882

$849,267

$835,367

$836,186

10.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$815

FEB

$821,100

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$821 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SAN MARCOS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$655,000

$649,000

$621,000

$649,000

-0.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

48

63

50

42

-12.5%

Properties Pending Sale .......................

40

83

74

61

52.5%

Properties For Sale ..............................

126

196

176

136

7.9%

Days on Market (Pending Sale) .............

42

28

27

39

-7.1%

Month’s Supply of Inventory .................

2.6

3.1

3.5

3.2

23.4%

Percent Under Contract .......................

31.7%

42.3%

42.0%

44.9%

41.3%

$568,396

$639,750

$646,667

$644,135

11.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $655

JAN FEB

$649,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$649 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SAN DIEGO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$588,000

$647,000

$662,500

$685,000

16.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

44

70

59

43

-2.3%

Properties Pending Sale .......................

56

68

57

56

0.0%

Properties For Sale ..............................

110

168

145

115

4.5%

Days on Market (Pending Sale) .............

24

27

22

25

4.2%

Month’s Supply of Inventory .................

2.5

2.4

2.5

2.7

7.0%

Percent Under Contract .......................

50.9%

40.5%

39.3%

48.7%

-4.3%

$584,258

$654,767

$664,000

$638,176

8.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$588

FEB

$685,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$685 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SANTEE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$480,000

$511,000

$527,500

$530,000

10.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

23

47

42

29

26.1%

Properties Pending Sale .......................

42

41

42

33

-21.4%

Properties For Sale ..............................

87

92

99

80

-8.0%

Days on Market (Pending Sale) .............

34

29

23

32

-5.9%

Month’s Supply of Inventory .................

3.8

2

2.4

2.8

-27.1%

Percent Under Contract .......................

48.3%

44.6%

42.4%

41.2%

-14.6%

$471,200

$522,658

$524,667

$506,958

7.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$480

FEB

$530,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$530 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SOLANA BEACH

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$3,050,000

$1,362,500

$2,037,500

$1,700,000

-44.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

7

8

5

5

-28.6%

Properties Pending Sale .......................

5

10

3

7

40.0%

Properties For Sale ..............................

21

39

20

29

38.1%

Days on Market (Pending Sale) .............

66

55

33

85

28.8%

Month’s Supply of Inventory .................

3

4.9

4

5.8

93.3%

Percent Under Contract .......................

23.8%

25.6%

15.0%

24.1%

1.4%

$1,526,708

$1,629,042

$1,625,000

$1,666,865

8.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $3.050

JAN FEB

$1,700,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.700 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SPRING VALLEY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$436,000

$440,000

$472,500

$488,500

12.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

40

45

59

41

2.5%

Properties Pending Sale .......................

66

55

45

49

-25.8%

Properties For Sale ..............................

162

141

147

113

-30.2%

Days on Market (Pending Sale) .............

43

25

29

30

-30.2%

Month’s Supply of Inventory .................

4

3.1

2.5

2.8

-31.9%

Percent Under Contract .......................

40.7%

39.0%

30.6%

43.4%

6.4%

$427,079

$468,250

$481,167

$456,904

6.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$436

FEB

$488,500

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$488 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


VISTA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$475,000

$519,000

$525,300

$560,000

17.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

51

75

72

43

-15.7%

Properties Pending Sale .......................

88

91

76

61

-30.7%

Properties For Sale ..............................

210

255

252

183

-12.9%

Days on Market (Pending Sale) .............

44

34

37

29

-34.1%

Month’s Supply of Inventory .................

4.1

3.4

3.5

4.3

3.4%

Percent Under Contract .......................

41.9%

35.7%

30.2%

33.3%

-20.5%

$486,896

$550,717

$559,167

$532,215

8.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$475

FEB

$560,000

MAR APR

MEDIAN SALES PRICE

MAY

N/A

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$560 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


RIVERSIDE COUNTY

BERMUDA DUNES

LA QUINTA

CATHEDRAL CITY

PALM DESERT

COACHELLA

PALM SPRINGS

DESERT HOT SPRINGS

RANCHO MIRAGE

INDIAN WELLS

THOUSAND PALMS

INDIO

Micro Market Report : January 2018


COUNTY: RIVERSIDE AREA: 7,303 SQ MILES FOUNDED: 1893

Micro Market Report : January 2018


BERMUDA DUNES

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$0

$510,000

$369,000

$337,912

n/a

Average Price per Square Foot ..............

$0

$132

$144

$155

n/a

Properties Sold ...................................

0

1

3

2

n/a

Properties Pending Sale .......................

0

0

0

0

n/a

Properties For Sale ..............................

11

13

14

10

-9.1%

Days on Market (Pending Sale) .............

0

0

0

0

n/a

Month’s Supply of Inventory .................

n/a

13

4.7

5

n/a

Percent Under Contract .......................

0.0%

0.0%

0.0%

0.0%

n/a

$196,375

$453,582

$568,956

$494,741

60.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN FEB

$337,912

MAR APR

MEDIAN SALES PRICE

MAY

$155

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$337 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CATHEDRAL CITY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$314,200

$315,000

$347,000

$326,000

3.8%

Average Price per Square Foot ..............

$171

$174

$191

$198

15.8%

Properties Sold ...................................

16

28

22

20

25.0%

Properties Pending Sale .......................

17

34

25

35

105.9%

Properties For Sale ..............................

101

107

103

122

20.8%

Days on Market (Pending Sale) .............

43

53

62

48

11.6%

Month’s Supply of Inventory .................

6.3

3.8

4.7

6.1

-3.4%

Percent Under Contract .......................

16.8%

31.8%

24.3%

28.7%

70.4%

$276,846

$308,825

$310,333

$298,012

7.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$314

FEB

$326,000

MAR APR

MEDIAN SALES PRICE

MAY

$198

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$326 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


COACHELLA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$203,500

$259,950

$285,000

$272,000

33.7%

Average Price per Square Foot ..............

$150

$133

$141

$122

-18.7%

Properties Sold ...................................

4

4

4

2

-50.0%

Properties Pending Sale .......................

1

3

2

5

400.0%

Properties For Sale ..............................

8

12

19

19

137.5%

Days on Market (Pending Sale) .............

8

30

34

25

212.5%

Month’s Supply of Inventory .................

2

3

4.8

9.5

375.0%

Percent Under Contract .......................

12.5%

25.0%

10.5%

26.3%

110.5%

$219,469

$245,492

$266,650

$227,296

3.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$203

FEB

$272,000

MAR APR

MEDIAN SALES PRICE

MAY

$122

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$272 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


DESERT HOT SPRINGS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$169,950

$205,500

$200,250

$226,000

33.0%

Average Price per Square Foot ..............

$122

$129

$123

$127

4.1%

Properties Sold ...................................

16

16

26

30

87.5%

Properties Pending Sale .......................

24

34

33

31

29.2%

Properties For Sale ..............................

152

185

179

169

11.2%

Days on Market (Pending Sale) .............

97

62

102

87

-10.3%

Month’s Supply of Inventory .................

9.5

11.6

6.9

5.6

-40.7%

Percent Under Contract .......................

15.8%

18.4%

18.4%

18.3%

16.2%

$175,786

$216,025

$226,167

$202,158

13.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$169

FEB

$226,000

MAR APR

MEDIAN SALES PRICE

MAY

$127

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$226 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


INDIAN WELLS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$755,000

$0

$1,074,500

$1,190,000

57.6%

Average Price per Square Foot ..............

$339

$0

$212

$269

-20.6%

Properties Sold ...................................

1

0

2

4

300.0%

Properties Pending Sale .......................

1

0

2

1

0.0%

Properties For Sale ..............................

17

11

16

13

-23.5%

Days on Market (Pending Sale) .............

147

0

252

57

-61.2%

Month’s Supply of Inventory .................

17

n/a

8

3.2

-80.9%

Percent Under Contract .......................

5.9%

0.0%

12.5%

7.7%

30.8%

$599,604

$892,375

$907,500

$876,778

31.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$755

FEB

$1,190,000

MAR APR

MEDIAN SALES PRICE

MAY

$269

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.190 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


INDIO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$252,778

$281,000

$304,000

$297,500

17.7%

Average Price per Square Foot ..............

$140

$136

$139

$167

19.3%

Properties Sold ...................................

12

17

17

22

83.3%

Properties Pending Sale .......................

22

24

17

22

0.0%

Properties For Sale ..............................

100

93

90

96

-4.0%

Days on Market (Pending Sale) .............

71

60

51

56

-21.1%

Month’s Supply of Inventory .................

8.3

5.5

5.3

4.4

-47.6%

Percent Under Contract .......................

22.0%

25.8%

18.9%

22.9%

4.2%

$292,995

$283,625

$272,583

$283,118

-3.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$252

FEB

$297,500

MAR APR

MEDIAN SALES PRICE

MAY

$167

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$297 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


LA QUINTA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$315,000

$310,000

$400,000

$370,000

17.5%

Average Price per Square Foot ..............

$199

$225

$209

$196

-1.5%

Properties Sold ...................................

11

9

11

7

-36.4%

Properties Pending Sale .......................

12

8

10

8

-33.3%

Properties For Sale ..............................

106

82

70

76

-28.3%

Days on Market (Pending Sale) .............

83

87

58

54

-34.9%

Month’s Supply of Inventory .................

9.6

9.1

6.4

10.9

12.7%

Percent Under Contract .......................

11.3%

9.8%

14.3%

10.5%

-7.0%

$315,452

$371,625

$357,583

$366,788

14.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$315

FEB

$370,000

MAR APR

MEDIAN SALES PRICE

MAY

$196

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$370 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


PALM DESERT

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$345,000

$365,000

$325,000

$508,900

47.5%

Average Price per Square Foot ..............

$166

$204

$230

$229

38.0%

Properties Sold ...................................

7

17

12

13

85.7%

Properties Pending Sale .......................

17

20

17

21

23.5%

Properties For Sale ..............................

90

80

90

118

31.1%

Days on Market (Pending Sale) .............

53

68

58

59

11.3%

Month’s Supply of Inventory .................

12.9

4.7

7.5

9.1

-29.4%

Percent Under Contract .......................

18.9%

25.0%

18.9%

17.8%

-5.8%

$352,781

$389,483

$437,467

$366,223

3.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$345

FEB

$508,900

MAR APR

MEDIAN SALES PRICE

MAY

$229

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$508 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


PALM SPRINGS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$570,000

$623,000

$670,000

$649,250

13.9%

Average Price per Square Foot ..............

$308

$337

$353

$330

7.1%

Properties Sold ...................................

53

61

62

54

1.9%

Properties Pending Sale .......................

72

65

78

72

0.0%

Properties For Sale ..............................

476

378

422

421

-11.6%

Days on Market (Pending Sale) .............

74

81

67

67

-9.5%

Month’s Supply of Inventory .................

9

6.2

6.8

7.8

-13.2%

Percent Under Contract .......................

15.1%

17.2%

18.5%

17.1%

13.1%

$584,083

$619,942

$635,300

$606,931

3.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$570

FEB

$649,250

MAR APR

MEDIAN SALES PRICE

MAY

$330

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$649 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


RANCHO MIRAGE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$442,500

$539,000

$549,500

$552,750

24.9%

Average Price per Square Foot ..............

$218

$186

$253

$322

47.7%

Properties Sold ...................................

4

15

14

12

200.0%

Properties Pending Sale .......................

21

22

17

23

9.5%

Properties For Sale ..............................

145

123

131

142

-2.1%

Days on Market (Pending Sale) .............

113

71

129

67

-40.7%

Month’s Supply of Inventory .................

36.2

8.2

9.4

11.8

-67.4%

Percent Under Contract .......................

14.5%

17.9%

13.0%

16.2%

11.8%

$525,167

$566,708

$616,750

$567,250

7.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$442

FEB

$552,750

MAR APR

MEDIAN SALES PRICE

MAY

$322

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

11.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$552 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


THOUSAND PALMS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$147,756

$0

$0

$500,000

238.4%

Average Price per Square Foot ..............

$125

$0

$0

$133

6.4%

Properties Sold ...................................

2

0

0

1

-50.0%

Properties Pending Sale .......................

3

1

0

1

-66.7%

Properties For Sale ..............................

8

10

9

8

0.0%

Days on Market (Pending Sale) .............

20

23

0

13

-35.0%

Month’s Supply of Inventory .................

2.7

10

n/a

8

200.0%

Percent Under Contract .......................

37.5%

10.0%

0.0%

12.5%

-66.7%

Average Median Price for Last 12 Months

$56,620

$372,375

$535,000

$235,535

76.0%

*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

$147

FEB

$500,000

MAR APR

MEDIAN SALES PRICE

MAY

$133

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$500 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018



CONDOMINIUMS

BEVERLY CENTER - MIRACLE MILE

SANTA MONICA

BEVERLY HILLS

SHERMAN OAKS

BRENTWOOD

STUDIO CITY

CULVER CITY

VENICE

ENCINO

WEST HOLLYWOOD

MALIBU

WEST LA

MARINA DEL REY

WESTWOOD - CENTURY CITY

Micro Market Report : January 2018


COUNTY: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : January 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$661,000

$742,509

$722,000

$455,000

-31.2%

Average Price per Square Foot ..............

$464

$591

$601

$948

104.3%

Properties Sold ...................................

3

8

9

1

-66.7%

Properties Pending Sale .......................

4

15

10

3

-25.0%

Properties For Sale ..............................

23

37

26

16

-30.4%

Days on Market (Pending Sale) .............

19

32

28

7

-63.2%

Month’s Supply of Inventory .................

7.7

4.6

2.9

16

108.7%

Percent Under Contract .......................

17.4%

40.5%

38.5%

18.8%

7.8%

$732,958

$733,333

$731,333

$721,155

-1.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $661

JAN FEB

$455,000

MAR APR

MEDIAN SALES PRICE

MAY

$948

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

16 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$455 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BEVERLY HILLS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$1,076,250

$1,392,500

$1,025,000

$1,100,000

2.2%

Average Price per Square Foot ..............

$617

$730

$718

$639

3.6%

Properties Sold ...................................

10

8

10

3

-70.0%

Properties Pending Sale .......................

7

13

9

13

85.7%

Properties For Sale ..............................

53

74

55

42

-20.8%

Days on Market (Pending Sale) .............

28

51

33

44

57.1%

Month’s Supply of Inventory .................

5.3

9.2

5.5

14

164.2%

Percent Under Contract .......................

13.2%

17.6%

16.4%

31.0%

134.4%

$1,218,262

$1,199,991

$1,232,481

$1,256,303

3.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$1.076

FEB

$1,100,000

MAR APR

MEDIAN SALES PRICE

MAY

$639

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

14 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.100 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


BRENTWOOD

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$892,550

$762,500

$963,500

$765,000

-14.3%

Average Price per Square Foot ..............

$607

$716

$666

$655

7.9%

Properties Sold ...................................

8

14

19

10

25.0%

Properties Pending Sale .......................

13

12

20

7

-46.2%

Properties For Sale ..............................

51

56

55

36

-29.4%

Days on Market (Pending Sale) .............

29

37

29

24

-17.2%

Month’s Supply of Inventory .................

6.4

4

2.9

3.6

-43.5%

Percent Under Contract .......................

25.5%

21.4%

36.4%

19.4%

-23.7%

$836,212

$898,417

$862,333

$901,312

7.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$892

FEB

$765,000

MAR APR

MEDIAN SALES PRICE

MAY

$655

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$765 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


CULVER CITY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$455,000

$541,000

$594,000

$522,500

14.8%

Average Price per Square Foot ..............

$470

$598

$517

$518

10.2%

Properties Sold ...................................

10

15

8

14

40.0%

Properties Pending Sale .......................

11

9

8

9

-18.2%

Properties For Sale ..............................

22

23

32

18

-18.2%

Days on Market (Pending Sale) .............

22

24

14

16

-27.3%

Month’s Supply of Inventory .................

2.2

1.5

4

1.3

-41.6%

Percent Under Contract .......................

50.0%

39.1%

25.0%

50.0%

0.0%

$470,402

$537,333

$516,833

$515,135

9.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$455

FEB

$522,500

MAR APR

MEDIAN SALES PRICE

MAY

$518

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$522 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


DOWNTOWN

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$616,500

$703,250

$695,000

$670,000

8.7%

Average Price per Square Foot ..............

$594

$713

$719

$669

12.6%

Properties Sold ...................................

35

42

41

29

-17.1%

Properties Pending Sale .......................

21

47

27

44

109.5%

Properties For Sale ..............................

182

245

216

187

2.7%

Days on Market (Pending Sale) .............

74

51

71

65

-12.2%

Month’s Supply of Inventory .................

5.2

5.8

5.3

6.4

24.0%

Percent Under Contract .......................

11.5%

19.2%

12.5%

23.5%

103.9%

$591,229

$636,000

$627,000

$617,269

4.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$616

FEB

$670,000

MAR APR

MEDIAN SALES PRICE

MAY

$669

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$670 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


ENCINO

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$360,000

$389,000

$327,000

$390,000

8.3%

Average Price per Square Foot ..............

$310

$372

$332

$371

19.7%

Properties Sold ...................................

17

20

21

15

-11.8%

Properties Pending Sale .......................

15

20

23

17

13.3%

Properties For Sale ..............................

25

30

27

18

-28.0%

Days on Market (Pending Sale) .............

68

49

35

47

-30.9%

Month’s Supply of Inventory .................

1.5

1.5

1.3

1.2

-18.4%

Percent Under Contract .......................

60.0%

66.7%

85.2%

94.4%

57.4%

$358,583

$365,167

$358,667

$357,385

-0.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$360

FEB

$390,000

MAR APR

MEDIAN SALES PRICE

MAY

$371

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$390 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MALIBU

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$0

$875,000

$0

$1,210,000

n/a

Average Price per Square Foot ..............

$0

$723

$0

$676

n/a

Properties Sold ...................................

0

4

0

26

n/a

Properties Pending Sale .......................

2

3

4

4

100.0%

Properties For Sale ..............................

16

17

25

20

25.0%

Days on Market (Pending Sale) .............

18

87

39

Month’s Supply of Inventory .................

n/a

4.2

n/a

0.8

n/a

Percent Under Contract .......................

12.5%

17.6%

16.0%

20.0%

60.0%

$979,042

$1,021,875

$1,125,833

$970,150

-0.9%

Average Median Price for Last 12 Months

%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN FEB

$1,210,000

MAR APR

MEDIAN SALES PRICE

MAY

$676

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

0.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.210 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


MARINA DEL REY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$974,500

$1,000,000

$925,000

$1,000,000

2.6%

Average Price per Square Foot ..............

$786

$692

$677

$762

-3.1%

Properties Sold ...................................

16

19

21

17

6.2%

Properties Pending Sale .......................

23

16

27

22

-4.3%

Properties For Sale ..............................

89

100

97

78

-12.4%

Days on Market (Pending Sale) .............

49

61

37

34

-30.6%

Month’s Supply of Inventory .................

5.6

5.3

4.6

4.6

-17.5%

Percent Under Contract .......................

25.8%

16.0%

27.8%

28.2%

9.1%

$884,292

$914,833

$921,667

$913,626

3.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $974

JAN FEB

$1,000,000

MAR APR

MEDIAN SALES PRICE

MAY

$762

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SANTA MONICA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$852,000

$900,000

$1,282,500

$1,211,000

42.1%

Average Price per Square Foot ..............

$901

$987

$1,100

$997

10.7%

Properties Sold ...................................

10

19

22

15

50.0%

Properties Pending Sale .......................

23

39

26

26

13.0%

Properties For Sale ..............................

79

105

94

96

21.5%

Days on Market (Pending Sale) .............

48

26

21

41

-14.6%

Month’s Supply of Inventory .................

7.9

5.5

4.3

6.4

-19.0%

Percent Under Contract .......................

29.1%

37.1%

27.7%

27.1%

-7.0%

$914,396

$1,062,333

$1,016,167

$982,538

7.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$852

FEB

$1,211,000

MAR APR

MEDIAN SALES PRICE

MAY

$997

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.211 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


SHERMAN OAKS

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$444,000

$508,000

$477,000

$486,000

9.5%

Average Price per Square Foot ..............

$357

$372

$372

$420

17.6%

Properties Sold ...................................

16

23

18

14

-12.5%

Properties Pending Sale .......................

18

32

26

18

0.0%

Properties For Sale ..............................

29

24

14

14

-51.7%

Days on Market (Pending Sale) .............

27

58

44

41

51.9%

Month’s Supply of Inventory .................

1.8

1

0.8

1

-44.8%

Percent Under Contract .......................

62.1%

133.3%

185.7%

128.6%

107.1%

$459,083

$512,500

$506,000

$496,000

8.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$444

FEB

$486,000

MAR APR

MEDIAN SALES PRICE

MAY

$420

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$486 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


STUDIO CITY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$484,000

$715,000

$659,000

$625,000

29.1%

Average Price per Square Foot ..............

$405

$480

$483

$485

19.8%

Properties Sold ...................................

6

19

13

11

83.3%

Properties Pending Sale .......................

9

21

19

7

-22.2%

Properties For Sale ..............................

23

21

21

10

-56.5%

Days on Market (Pending Sale) .............

41

50

43

52

26.8%

Month’s Supply of Inventory .................

3.8

1.1

1.6

0

%

Percent Under Contract .......................

39.1%

100.0%

90.5%

70.0%

78.9%

$557,583

$695,833

$686,667

$647,077

16.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$484

FEB

$625,000

MAR APR

MEDIAN SALES PRICE

MAY

$485

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

NO SALES MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$625 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


VENICE

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$0

$1,243,500

$841,000

$1,240,000

n/a

Average Price per Square Foot ..............

$0

$1,288

$958

$963

n/a

Properties Sold ...................................

0

2

1

3

n/a

Properties Pending Sale .......................

5

1

3

3

-40.0%

Properties For Sale ..............................

13

18

18

13

0.0%

Days on Market (Pending Sale) .............

36

63

77

362

905.6%

Month’s Supply of Inventory .................

n/a

9

18

4.3

n/a

Percent Under Contract .......................

38.5%

5.6%

16.7%

23.1%

-40.0%

$1,046,208

$1,202,000

$1,308,333

$1,191,000

13.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN FEB

$1,240,000

MAR APR

MEDIAN SALES PRICE

MAY

$963

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.240 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WEST HOLLYWOOD

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$619,000

$684,500

$742,000

$805,000

30.0%

Average Price per Square Foot ..............

$619

$642

$685

$685

10.7%

Properties Sold ...................................

24

26

32

17

-29.2%

Properties Pending Sale .......................

31

36

28

19

-38.7%

Properties For Sale ..............................

108

132

120

78

-27.8%

Days on Market (Pending Sale) .............

24

34

26

44

83.3%

Month’s Supply of Inventory .................

4.5

5.1

3.8

4.6

2.0%

Percent Under Contract .......................

28.7%

27.3%

23.3%

24.4%

-15.1%

$679,479

$733,525

$746,667

$697,704

2.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$619

FEB

$805,000

MAR APR

MEDIAN SALES PRICE

MAY

$685

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$805 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WEST LA

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$805,000

$700,000

$730,000

$930,000

15.5%

Average Price per Square Foot ..............

$570

$596

$557

$624

9.5%

Properties Sold ...................................

11

13

13

5

-54.5%

Properties Pending Sale .......................

6

13

14

7

16.7%

Properties For Sale ..............................

21

31

32

20

-4.8%

Days on Market (Pending Sale) .............

70

21

19

26

-62.9%

Month’s Supply of Inventory .................

1.9

2.4

2.5

4

109.5%

Percent Under Contract .......................

28.6%

41.9%

43.8%

35.0%

22.5%

$779,167

$828,694

$875,167

$788,809

1.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$805

FEB

$930,000

MAR APR

MEDIAN SALES PRICE

MAY

$624

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$930 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018


WESTWOOD - CENTURY CITY

DATA*

Jan 2017

6 MONTH

3 MONTH

Jan 2018

% CHANGE

Median Price ......................................

$895,000

$897,500

$832,500

$1,070,000

19.6%

Average Price per Square Foot ..............

$655

$680

$664

$774

18.2%

Properties Sold ...................................

25

42

30

31

24.0%

Properties Pending Sale .......................

45

35

47

41

-8.9%

Properties For Sale ..............................

198

196

209

175

-11.6%

Days on Market (Pending Sale) .............

25

55

45

49

96.0%

Month’s Supply of Inventory .................

7.9

4.7

7

5.6

-28.7%

Percent Under Contract .......................

22.7%

17.9%

22.5%

23.4%

3.1%

$838,793

$920,500

$963,500

$888,442

5.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JAN

$895

FEB

$1,070,000

MAR APR

MEDIAN SALES PRICE

MAY

$774

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.070 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : January 2018




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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH January 2018 /

Los Angeles, Orange, Santa Barbara, Monterey, Riverside, San Diego


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