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