July 2018 Micro Market Report | Douglas Elliman

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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH July 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 : July 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 : July 2018


LOS ANGELES COUNTY MACRO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$645,000

$605,000

$650,000

$674,000

4.5%

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

$485

$466

$506

$500

3.1%

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

4300

2945

3949

4275

-0.6%

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

4942

3670

4774

4744

-4.0%

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

17,912

13,607

16,050

18,543

3.5%

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

36

43

33

35

-2.8%

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

4.2

4.6

4.1

4.3

4.1%

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

27.6%

27.0%

29.7%

25.6%

-7.3%

$598,625

$660,500

$674,333

$641,700

6.7%

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 $645

JUL AUG

$674,000

SEP OCT

MEDIAN SALES PRICE

NOV

$500

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$674 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BEL-AIR HOLMBY HILLS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$2,070,000

$7,372,500

$3,100,000

$1,660,000

-19.8%

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

$643

$1,388

$1,215

$848

31.9%

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

12

8

9

14

16.7%

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

21

9

17

12

-42.9%

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

180

135

172

188

4.4%

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

71

121

57

54

-23.9%

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

15

16.9

19.1

13.4

-10.5%

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

11.7%

6.7%

9.9%

6.4%

-45.3%

$2,116,944

$2,307,917

$2,099,167

$2,776,520

23.8%

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 JUL

$2.070

AUG

$1,660,000

SEP OCT

MEDIAN SALES PRICE

NOV

$848

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

13.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.660 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,479,200

$1,804,438

$1,995,000

$1,594,137

7.8%

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

$699

$820

$884

$814

16.5%

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

17

10

15

11

-35.3%

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

18

14

16

18

0.0%

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

96

70

62

68

-29.2%

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

52

62

54

39

-25.0%

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

5.6

7

4.1

6.2

9.5%

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

18.8%

20.0%

25.8%

26.5%

41.2%

$1,660,905

$1,794,646

$1,679,292

$1,696,693

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 JUL

$1.479

AUG

$1,594,137

SEP OCT

MEDIAN SALES PRICE

NOV

$814

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.594 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BEVERLY HILLS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$4,800,000

$7,224,000

$4,293,500

$6,024,875

25.5%

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

$1,498

$1,358

$1,638

$1,328

-11.3%

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

11

8

10

10

-9.1%

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

9

7

6

16

77.8%

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

120

94

102

136

13.3%

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

50

69

40

83

66.0%

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

10.9

11.8

10.2

13.6

24.7%

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

7.5%

7.4%

5.9%

11.8%

56.9%

$5,132,680

$5,480,396

$6,403,292

$5,641,317

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 JUL

$4.800

AUG

$6,024,875

SEP OCT

MEDIAN SALES PRICE

NOV

$1,328

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

13.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$6.024 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BEVERLY HILLS- POST OFFICE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$2,262,500

$2,301,000

$2,375,000

$2,620,000

15.8%

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

$854

$857

$1,098

$1,084

26.9%

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

16

8

13

13

-18.8%

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

15

10

12

17

13.3%

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

179

154

163

182

1.7%

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

84

120

107

68

-19.0%

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

11.2

19.2

12.5

14

25.1%

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

8.4%

6.5%

7.4%

9.3%

11.5%

$3,122,137

$2,697,833

$3,035,833

$2,908,885

-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 JUL

$2.262

AUG

$2,620,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,084

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

14 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.620 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BEVERLYWOOD

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,754,500

$1,674,500

$1,466,250

$1,269,000

-27.7%

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

$685

$802

$858

$787

14.9%

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

8

10

16

15

87.5%

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

14

9

11

17

21.4%

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

42

45

50

56

33.3%

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

24

38

37

44

83.3%

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

5.2

4.5

3.1

3.7

-28.9%

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

33.3%

20.0%

22.0%

30.4%

-8.9%

$1,320,798

$1,525,467

$1,552,167

$1,538,792

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 $1.754

JUL AUG

$1,269,000

SEP OCT

MEDIAN SALES PRICE

NOV

$787

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.269 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BRENTWOOD

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$2,890,000

$3,064,550

$2,550,000

$2,975,000

2.9%

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

$1,154

$888

$1,039

$1,318

14.2%

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

24

16

15

31

29.2%

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

27

18

26

27

0.0%

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

144

127

159

169

17.4%

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

45

88

40

46

2.2%

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

6

7.9

10.6

5.5

-9.1%

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

18.8%

14.2%

16.4%

16.0%

-14.8%

$3,185,598

$3,203,333

$3,408,333

$3,269,773

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 JUL

$2.890

AUG

$2,975,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,318

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.975 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CHEVIOT HILLS - RANCHO PARK

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,638,000

$1,375,000

$2,180,000

$1,950,000

19.0%

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

$841

$1,024

$767

$881

4.8%

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

7

3

3

7

0.0%

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

8

3

10

7

-12.5%

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

30

21

26

32

6.7%

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

34

43

19

21

-38.2%

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

4.3

7

8.7

4.6

6.7%

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

26.7%

14.3%

38.5%

21.9%

-18.0%

$1,972,208

$2,322,167

$2,350,500

$2,078,252

5.1%

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 JUL

$1.638

AUG

$1,950,000

SEP OCT

MEDIAN SALES PRICE

NOV

$881

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.950 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CULVER CITY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,234,000

$1,225,000

$1,880,000

$1,261,000

2.2%

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

$822

$779

$700

$859

4.5%

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

22

13

22

27

22.7%

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

24

8

19

20

-16.7%

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

66

36

64

67

1.5%

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

19

49

20

29

52.6%

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

3

2.8

2.9

2.5

-17.3%

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

36.4%

22.2%

29.7%

29.9%

-17.9%

$1,155,646

$1,463,065

$1,303,733

$1,318,645

12.4%

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 JUL

$1.234

AUG

$1,261,000

SEP OCT

MEDIAN SALES PRICE

NOV

$859

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.261 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


DOWNTOWN

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$380,000

$356,430

$399,500

$345,000

-9.2%

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

$342

$296

$359

$388

13.5%

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

9

12

8

9

0.0%

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

11

14

8

11

0.0%

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

54

49

46

48

-11.1%

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

95

29

39

64

-32.6%

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

6

4.1

5.8

5.3

-11.1%

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

20.4%

28.6%

17.4%

22.9%

12.5%

$357,257

$396,500

$392,333

$394,995

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 JUL

$380

AUG

$345,000

SEP OCT

MEDIAN SALES PRICE

NOV

$388

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$345 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


HANCOCK PARK - WILSHIRE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,461,500

$1,899,000

$1,627,250

$1,787,275

22.3%

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

$738

$578

$806

$842

14.1%

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

24

15

20

29

20.8%

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

21

18

33

24

14.3%

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

106

86

105

116

9.4%

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

30

47

37

30

0.0%

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

4.4

5.7

5.2

4

-9.4%

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

19.8%

20.9%

31.4%

20.7%

4.4%

$1,661,730

$1,683,254

$1,804,092

$1,723,793

3.6%

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 JUL

$1.461

AUG

$1,787,275

SEP OCT

MEDIAN SALES PRICE

NOV

$842

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.787 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


HOLLYWOOD

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$833,875

$750,000

$927,500

$1,385,000

66.1%

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

$669

$574

$612

$705

5.4%

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

6

5

7

9

50.0%

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

12

8

12

9

-25.0%

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

50

39

55

43

-14.0%

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

32

37

24

52

62.5%

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

8.3

7.8

7.9

4.8

-42.7%

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

24.0%

20.5%

21.8%

20.9%

-12.8%

$898,327

$1,173,667

$1,230,667

$1,058,144

15.1%

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 JUL

$833

AUG

$1,385,000

SEP OCT

MEDIAN SALES PRICE

NOV

$705

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.385 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


HOLLYWOOD HILLS EAST

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,680,000

$1,249,000

$1,525,000

$1,428,000

-15.0%

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

$653

$582

$655

$659

0.9%

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

21

7

15

15

-28.6%

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

13

15

18

12

-7.7%

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

89

75

70

77

-13.5%

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

76

42

51

43

-43.4%

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

6.8

5

3.9

5.1

-25.0%

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

14.6%

20.0%

25.7%

15.6%

6.7%

$1,424,516

$1,513,417

$1,452,667

$1,491,308

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 $1.680

JUL AUG

$1,428,000

SEP OCT

MEDIAN SALES PRICE

NOV

$659

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.428 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


INGLEWOOD

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$549,000

$625,000

$615,000

$562,500

2.5%

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

$400

$400

$426

$445

11.2%

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

19

11

18

20

5.3%

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

28

18

22

22

-21.4%

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

69

66

70

64

-7.2%

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

27

32

34

43

59.3%

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

2.5

3.7

3.2

3.2

29.9%

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

40.6%

27.3%

31.4%

34.4%

-15.3%

$494,815

$581,583

$595,833

$571,523

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 JUL

$549

AUG

$562,500

SEP OCT

MEDIAN SALES PRICE

NOV

$445

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$562 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LADERA HEIGHTS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$912,500

$1,452,850

$1,234,500

$0

-100.0%

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

$447

$513

$458

$0

-100.0%

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

4

2

6

0

-100.0%

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

7

3

3

0

-100.0%

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

23

20

14

17

-26.1%

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

55

24

136

0

-100.0%

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

3.3

6.7

4.7

n/a

n/a

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

30.4%

15.0%

21.4%

0.0%

-100.0%

$1,058,521

$1,186,500

$1,185,500

$1,212,900

12.7%

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 JUL

$912

AUG

NO SALES

SEP OCT

MEDIAN SALES PRICE

NOV

NO SALES

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

N/A MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LAUREL CANYON

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,800,000

$2,050,000

$1,920,000

$1,800,000

0.0%

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

$809

$863

$1,169

$817

1.0%

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

27

19

31

18

-33.3%

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

24

16

27

25

4.2%

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

163

139

166

194

19.0%

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

70

50

26

66

-5.7%

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

6.8

8.7

6.1

7.8

14.3%

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

14.7%

11.5%

16.3%

12.9%

-12.5%

$1,707,861

$1,853,458

$1,609,000

$1,789,865

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 JUL

$1.800

AUG

$1,800,000

SEP OCT

MEDIAN SALES PRICE

NOV

$817

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.800 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LOS FELIZ

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,950,000

$2,000,000

$1,880,000

$1,983,500

1.7%

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

$762

$763

$700

$872

14.4%

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

17

13

22

14

-17.6%

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

19

9

19

20

5.3%

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

100

74

64

78

-22.0%

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

103

39

20

31

-69.9%

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

5.3

8.2

3.4

5.6

5.9%

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

19.0%

12.2%

29.7%

25.6%

35.0%

$1,655,826

$1,846,417

$1,924,500

$1,807,846

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 JUL

$1.950

AUG

$1,983,500

SEP OCT

MEDIAN SALES PRICE

NOV

$872

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.983 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MALIBU

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$3,050,000

$2,445,500

$3,462,500

$2,175,000

-28.7%

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

$898

$777

$944

$739

-17.7%

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

21

12

14

14

-33.3%

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

12

10

18

23

91.7%

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

219

187

215

240

9.6%

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

116

106

55

61

-47.4%

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

10.4

15.6

15.4

17.1

64.4%

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

5.5%

5.3%

8.4%

9.6%

74.9%

$2,799,675

$2,718,750

$2,906,667

$2,669,356

-4.9%

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 $3.050

JUL AUG

$2,175,000

SEP OCT

MEDIAN SALES PRICE

NOV

$739

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

17.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.175 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MALIBU BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$9,900,000

$5,723,807

$10,750,000

$4,380,000

-55.8%

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

$2,750

$1,963

$2,684

$3,303

20.1%

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

4

6

6

3

-25.0%

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

4

6

7

4

0.0%

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

94

73

87

87

-7.4%

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

132

159

130

115

-12.9%

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

23.5

12.2

14.5

29

23.4%

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

4.3%

8.2%

8.0%

4.6%

8.0%

$8,017,312

$6,798,750

$5,197,500

$8,068,754

0.6%

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 $9.900

JUL AUG

$4,380,000

SEP OCT

MEDIAN SALES PRICE

NOV

$3,303

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

29 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$4.380 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MARINA DEL REY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,030,000

$1,605,000

$1,525,000

$1,196,500

16.2%

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

$764

$801

$773

$1,114

45.8%

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

11

4

8

4

-63.6%

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

10

7

5

9

-10.0%

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

41

33

33

47

14.6%

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

34

106

12

29

-14.7%

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

3.7

8.2

4.1

11.8

215.2%

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

24.4%

21.2%

15.2%

19.1%

-21.5%

$1,341,085

$1,486,046

$1,438,500

$1,539,483

12.9%

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 JUL

$1.030

AUG

$1,196,500

SEP OCT

MEDIAN SALES PRICE

NOV

$1,114

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

11.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.196 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MID LOS ANGELES

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$800,000

$660,400

$780,000

$900,000

12.5%

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

$452

$458

$497

$525

16.2%

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

37

22

35

25

-32.4%

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

29

29

41

33

13.8%

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

110

106

118

121

10.0%

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

31

49

30

24

-22.6%

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

3

4.8

3.4

4.8

62.8%

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

26.4%

27.4%

34.7%

27.3%

3.4%

$656,315

$819,742

$861,817

$767,642

14.5%

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 JUL

$800

AUG

$900,000

SEP OCT

MEDIAN SALES PRICE

NOV

$525

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$900 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MID WILSHIRE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,250,000

$1,175,000

$1,150,000

$1,250,000

0.0%

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

$456

$835

$770

$649

42.3%

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

5

1

4

4

-20.0%

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

3

2

3

7

133.3%

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

21

23

23

42

100.0%

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

17

54

20

28

64.7%

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

4.2

23

5.8

10.5

150.0%

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

14.3%

8.7%

13.0%

16.7%

16.7%

$908,325

$1,109,500

$1,121,667

$1,079,917

15.9%

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 $1.250

JUL AUG

$1,250,000

SEP OCT

MEDIAN SALES PRICE

NOV

$649

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

10.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.250 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


PACIFIC PALISADES

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$4,690,000

$2,843,000

$3,553,000

$3,232,500

-31.1%

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

$1,254

$1,261

$1,191

$1,141

-9.0%

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

20

10

23

22

10.0%

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

30

16

25

19

-36.7%

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

124

109

108

118

-4.8%

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

52

71

60

41

-21.2%

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

6.2

10.9

4.7

5.4

-13.5%

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

24.2%

14.7%

23.1%

16.1%

-33.4%

$3,242,705

$3,395,974

$3,228,333

$3,337,477

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 $4.690

JUL AUG

$3,232,500

SEP OCT

MEDIAN SALES PRICE

NOV

$1,141

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.232 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


PALMS - MAR VISTA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,520,000

$1,555,750

$1,740,320

$1,656,000

8.9%

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

$820

$777

$848

$845

3.0%

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

34

22

36

31

-8.8%

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

25

27

29

26

4.0%

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

90

71

85

110

22.2%

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

31

29

30

30

-3.2%

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

2.6

3.2

2.4

3.5

34.1%

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

27.8%

38.0%

34.1%

23.6%

-14.9%

$1,462,168

$1,584,387

$1,518,667

$1,559,279

6.2%

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 JUL

$1.520

AUG

$1,656,000

SEP OCT

MEDIAN SALES PRICE

NOV

$845

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.656 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


PLAYA DEL REY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,807,500

$1,850,000

$2,042,500

$1,470,000

-18.7%

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

$647

$622

$508

$670

3.6%

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

3

3

6

4

33.3%

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

1

5

7

4

300.0%

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

16

27

32

28

75.0%

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

21

24

27

24

14.3%

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

5.3

9

5.3

7

31.2%

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

6.2%

18.5%

21.9%

14.3%

128.6%

$1,470,604

$1,673,213

$1,523,333

$1,631,312

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 JUL

$1.807

AUG

$1,470,000

SEP OCT

MEDIAN SALES PRICE

NOV

$670

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.470 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


PLAYA VISTA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,640,000

$3,135,000

$2,013,500

$2,127,500

29.7%

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

$563

$907

$610

$887

57.5%

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

2

2

2

2

0.0%

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

2

1

2

0

-100.0%

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

13

8

10

9

-30.8%

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

28

3

128

0

-100.0%

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

6.5

4

5

0

-100.0%

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

15.4%

12.5%

20.0%

0.0%

-100.0%

$1,506,667

$2,569,950

$2,925,333

$2,581,118

71.3%

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 JUL

$1.640

AUG

$2,127,500

SEP OCT

MEDIAN SALES PRICE

NOV

$887

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

NO SALES MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.127 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SANTA MONICA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$3,785,000

$2,111,000

$4,210,000

$3,072,500

-18.8%

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

$1,113

$1,352

$1,239

$1,280

15.0%

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

18

7

15

16

-11.1%

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

17

13

21

20

17.6%

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

87

80

102

108

24.1%

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

23

55

34

38

65.2%

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

4.8

11.4

6.8

6.8

39.7%

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

19.5%

16.2%

20.6%

18.5%

-5.2%

$2,516,870

$3,077,458

$2,995,833

$3,121,058

19.4%

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 JUL

$3.785

AUG

$3,072,500

SEP OCT

MEDIAN SALES PRICE

NOV

$1,280

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.072 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SUNSET STRIP - HOLLYWOOD HILLS WEST

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,939,500

$1,870,000

$1,920,000

$2,225,000

14.7%

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

$853

$787

$1,059

$960

12.5%

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

42

27

43

38

-9.5%

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

38

36

39

39

2.6%

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

358

317

364

373

4.2%

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

62

50

53

79

27.4%

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

8.5

11.7

8.5

9.8

15.2%

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

10.6%

11.4%

10.7%

10.5%

-1.5%

$1,809,145

$2,056,875

$1,955,833

$1,921,846

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 JUL

$1.939

AUG

$2,225,000

SEP OCT

MEDIAN SALES PRICE

NOV

$960

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

9.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.225 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


VENICE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$2,787,500

$2,050,000

$2,000,000

$2,062,500

-26.0%

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

$1,169

$1,119

$958

$1,293

10.6%

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

22

11

12

18

-18.2%

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

19

14

22

21

10.5%

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

103

83

108

106

2.9%

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

34

42

57

35

2.9%

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

4.7

7.5

9

5.9

25.8%

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

18.4%

16.9%

20.4%

19.8%

7.4%

$1,984,720

$2,174,833

$2,286,667

$2,148,019

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 $2.787

JUL AUG

$2,062,500

SEP OCT

MEDIAN SALES PRICE

NOV

$1,293

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.062 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WEST HOLLYWOOD

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,769,500

$1,961,250

$1,705,000

$1,800,000

1.7%

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

$1,073

$1,049

$1,160

$930

-13.3%

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

12

8

11

9

-25.0%

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

11

3

16

10

-9.1%

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

51

45

61

67

31.4%

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

70

55

26

38

-45.7%

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

4.2

5.6

5.5

7.4

75.2%

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

21.6%

6.7%

26.2%

14.9%

-30.8%

$1,638,303

$1,874,417

$1,693,000

$1,869,019

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 JUL

$1.769

AUG

$1,800,000

SEP OCT

MEDIAN SALES PRICE

NOV

$930

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.800 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WEST LOS ANGELES

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,250,000

$1,233,075

$1,799,999

$1,506,000

20.5%

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

$755

$883

$748

$909

20.4%

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

15

6

9

10

-33.3%

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

8

8

13

14

75.0%

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

39

33

48

60

53.8%

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

23

45

42

27

17.4%

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

2.6

5.5

5.3

6

130.8%

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

20.5%

24.2%

27.1%

23.3%

13.8%

$1,047,604

$1,417,417

$1,350,167

$1,349,833

28.8%

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 JUL

$1.250

AUG

$1,506,000

SEP OCT

MEDIAN SALES PRICE

NOV

$909

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.506 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WESTCHESTER

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,192,500

$1,047,544

$1,247,240

$1,230,000

3.1%

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

$661

$682

$732

$723

9.4%

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

32

20

32

27

-15.6%

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

39

22

30

29

-25.6%

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

104

64

95

96

-7.7%

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

30

46

23

30

0.0%

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

3.2

3.2

3

3.6

9.4%

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

37.5%

34.4%

31.6%

30.2%

-19.4%

$1,096,771

$1,246,311

$1,288,542

$1,209,262

10.3%

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 JUL

$1.192

AUG

$1,230,000

SEP OCT

MEDIAN SALES PRICE

NOV

$723

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.230 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WESTWOOD - CENTURY CITY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$2,022,499

$2,235,500

$2,247,500

$2,490,000

23.1%

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

$886

$1,009

$862

$956

7.9%

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

10

11

18

13

30.0%

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

12

13

17

13

8.3%

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

56

59

60

58

3.6%

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

30

27

40

40

33.3%

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

5.6

5.4

3.3

4.5

-20.3%

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

21.4%

22.0%

28.3%

22.4%

4.6%

$1,938,892

$2,330,333

$2,222,333

$2,242,201

15.6%

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 JUL

$2.022

AUG

$2,490,000

SEP OCT

MEDIAN SALES PRICE

NOV

$956

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.490 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SOUTH BAY MACRO MARKET

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,171,000

$1,200,000

$1,180,000

$1,150,000

-1.8%

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

$662

$672

$689

$695

5.0%

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

257

136

209

236

-8.2%

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

288

192

256

237

-17.7%

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

1,058

607

830

927

-12.4%

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

31

45

33

35

10.8%

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

4.1

4.5

4

3.9

-4.6%

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

27.2%

31.6%

30.8%

25.6%

-6.1%

$1,286,257

$1,185,817

$1,188,300

$1,394,974

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 JUL

$1.171

AUG

$1,150,000

SEP OCT

MEDIAN SALES PRICE

NOV

$695

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.150 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


EL SEGUNDO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,385,500

$1,555,000

$1,217,000

$1,307,000

-5.7%

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

$621

$632

$721

$667

7.4%

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

8

3

12

6

-25.0%

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

10

8

6

7

-30.0%

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

27

18

18

29

7.4%

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

31

39

22

45

45.2%

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

3.4

0

1.5

4.8

43.2%

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

37.0%

44.4%

33.3%

24.1%

-34.8%

$1,290,506

$1,346,500

$1,284,833

$1,338,077

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 JUL

$1.385

AUG

$1,307,000

SEP OCT

MEDIAN SALES PRICE

NOV

$667

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.307 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


HERMOSA BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$2,199,000

$2,002,500

$3,050,000

$1,775,000

-19.3%

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

$867

$1,596

$1,147

$1,072

23.6%

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

7

10

9

11

57.1%

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

10

5

12

3

-70.0%

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

53

29

50

39

-26.4%

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

27

37

55

44

63.0%

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

7.6

2.9

5.6

3.5

-53.2%

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

18.9%

17.2%

24.0%

7.7%

-59.2%

$1,888,346

$2,113,604

$2,077,375

$2,068,510

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 JUL

$2.199

AUG

$1,775,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,072

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.775 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MANHATTAN BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$2,525,000

$2,315,000

$2,400,000

$2,357,000

-6.7%

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

$979

$1,161

$1,065

$1,085

10.8%

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

34

16

18

32

-5.9%

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

30

17

24

36

20.0%

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

146

76

121

130

-11.0%

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

38

50

26

55

44.7%

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

4.3

4.8

6.7

4.1

-5.4%

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

20.5%

22.4%

19.8%

27.7%

34.8%

$2,254,375

$2,457,833

$2,619,000

$2,493,577

10.6%

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 JUL

$2.525

AUG

$2,357,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,085

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.357 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


PALOS VERDES ESTATES

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$2,199,000

$1,607,500

$1,725,000

$1,741,500

-20.8%

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

$827

$738

$664

$708

-14.4%

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

13

12

14

24

84.6%

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

22

15

26

12

-45.5%

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

107

59

90

85

-20.6%

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

40

68

58

61

52.5%

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

8.2

4.9

6.4

3.5

-57.0%

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

20.6%

25.4%

28.9%

14.1%

-31.3%

$1,971,800

$1,916,167

$2,034,333

$1,858,635

-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 $2.199

JUL AUG

$1,741,500

SEP OCT

MEDIAN SALES PRICE

NOV

$708

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.741 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


RANCHO PALOS VERDES

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,410,000

$1,322,525

$1,322,500

$1,275,000

-9.6%

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

$566

$561

$656

$627

10.8%

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

52

23

30

33

-36.5%

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

36

33

46

32

-11.1%

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

159

107

140

169

6.3%

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

32

56

54

46

43.8%

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

3.1

4.7

4.7

5.1

67.5%

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

22.6%

30.8%

32.9%

18.9%

-16.4%

$1,302,542

$1,404,167

$1,467,500

$1,397,733

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 JUL

$1.410

AUG

$1,275,000

SEP OCT

MEDIAN SALES PRICE

NOV

$627

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.275 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


REDONDO BEACH- NORTH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$855,000

$1,030,000

$1,155,000

$1,090,000

27.5%

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

$674

$594

$619

$592

-12.2%

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

17

10

17

9

-47.1%

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

18

21

7

18

0.0%

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

52

31

28

38

-26.9%

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

34

27

22

27

-20.6%

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

3.1

3.1

1.6

4.2

38.0%

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

34.6%

67.7%

25.0%

47.4%

36.8%

$946,625

$1,097,333

$1,128,333

$1,040,769

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 JUL

$855

AUG

$1,090,000

SEP OCT

MEDIAN SALES PRICE

NOV

$592

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.090 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


REDONDO BEACH- SOUTH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,287,000

$1,537,000

$1,716,000

$1,379,000

7.1%

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

$773

$648

$793

$721

-6.7%

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

15

6

16

9

-40.0%

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

23

9

16

12

-47.8%

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

66

33

49

43

-34.8%

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

27

74

36

23

-14.8%

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

4.4

5.5

3.1

4.8

8.6%

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

34.8%

27.3%

32.7%

27.9%

-19.9%

$1,388,998

$1,644,771

$1,689,917

$1,561,240

12.4%

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 JUL

$1.287

AUG

$1,379,000

SEP OCT

MEDIAN SALES PRICE

NOV

$721

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.379 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


ROLLING HILLS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$4,275,000

$3,500,000

$1,915,000

$0

-100.0%

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

$887

$768

$635

$0

-100.0%

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

3

3

2

0

-100.0%

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

1

3

3

1

0.0%

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

32

30

37

41

28.1%

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

8

127

35

171

2037.5%

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

10.7

10

18.5

n/a

n/a

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

3.1%

10.0%

8.1%

2.4%

-22.0%

$2,462,813

$2,380,200

$3,136,750

$2,925,056

18.8%

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 $4.275

JUL AUG

NO SALES

SEP OCT

MEDIAN SALES PRICE

NOV

NO SALES

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

N/A MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


ROLLING HILLS ESTATES

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,565,000

$1,850,000

$1,875,000

$2,357,500

50.6%

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

$621

$566

$596

$667

7.4%

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

9

3

8

5

-44.4%

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

6

5

4

4

-33.3%

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

39

18

21

31

-20.5%

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

94

93

37

32

-66.0%

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

4.3

6

2.6

6.2

43.1%

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

15.4%

27.8%

19.0%

12.9%

-16.1%

$1,533,959

$1,794,667

$1,825,833

$1,688,538

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 JUL

$1.565

AUG

$2,357,500

SEP OCT

MEDIAN SALES PRICE

NOV

$667

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.357 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SAN PEDRO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$699,000

$697,500

$680,000

$684,888

-2.0%

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

$452

$384

$442

$430

-4.9%

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

33

11

27

24

-27.3%

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

41

30

32

33

-19.5%

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

133

85

96

104

-21.8%

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

37

40

18

23

-37.8%

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

4

7.7

3.6

4.3

7.5%

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

30.8%

35.3%

33.3%

31.7%

2.9%

$642,667

$676,315

$695,963

$668,607

4.0%

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 $699

JUL AUG

$684,888

SEP OCT

MEDIAN SALES PRICE

NOV

$430

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$684 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


TORRANCE- COUNTY STRIP

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$550,000

$450,000

$613,500

$570,000

3.6%

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

$335

$534

$383

$437

30.4%

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

2

1

4

7

250.0%

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

8

3

4

6

-25.0%

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

24

14

11

15

-37.5%

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

21

141

4

16

-23.8%

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

12

14

2.8

2.1

-82.1%

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

33.3%

21.4%

36.4%

40.0%

20.0%

$524,304

$577,333

$573,000

$555,115

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 JUL

$550

AUG

$570,000

SEP OCT

MEDIAN SALES PRICE

NOV

$437

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$570 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


TORRANCE- NORTH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$688,000

$697,500

$737,500

$729,500

6.0%

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

$441

$456

$475

$502

13.8%

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

15

12

12

28

86.7%

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

19

10

13

22

15.8%

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

43

23

35

54

25.6%

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

22

14

20

12

-45.5%

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

2.9

1.9

2.9

1.9

-32.7%

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

44.2%

43.5%

37.1%

40.7%

-7.8%

$648,313

$728,542

$732,167

$704,288

8.6%

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 $688

JUL AUG

$729,500

SEP OCT

MEDIAN SALES PRICE

NOV

$502

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$729 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


TORRANCE- SOUTH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$977,500

$981,500

$901,000

$960,000

-1.8%

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

$585

$555

$634

$565

-3.4%

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

16

8

15

19

18.8%

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

29

14

30

18

-37.9%

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

84

35

59

62

-26.2%

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

22

15

16

25

13.6%

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

5.2

4.4

3.9

3.3

-37.8%

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

34.5%

40.0%

50.8%

29.0%

-15.9%

$920,928

$972,167

$972,333

$967,731

5.1%

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 $977

JUL AUG

$960,000

SEP OCT

MEDIAN SALES PRICE

NOV

$565

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$960 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


TORRANCE- SOUTHEAST

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$749,500

$660,000

$742,500

$733,822

-2.1%

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

$414

$531

$443

$428

3.4%

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

18

6

12

14

-22.2%

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

20

11

14

21

5.0%

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

55

31

39

50

-9.1%

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

26

31

28

33

26.9%

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

3.1

5.2

3.2

3.6

16.9%

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

36.4%

35.5%

35.9%

42.0%

15.5%

$664,208

$723,387

$708,607

$732,562

10.3%

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 $749

JUL AUG

$733,822

SEP OCT

MEDIAN SALES PRICE

NOV

$428

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$733 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


TORRANCE- WEST

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$900,000

$875,000

$984,750

$1,010,000

12.2%

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

$522

$534

$549

$560

7.3%

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

15

12

13

15

0.0%

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

15

8

19

12

-20.0%

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

38

18

36

37

-2.6%

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

18

21

10

16

-11.1%

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

2.5

1.5

2.8

2.5

-2.6%

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

39.5%

44.4%

52.8%

32.4%

-17.8%

$853,479

$954,458

$959,667

$924,173

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 JUL

$900

AUG

$1,010,000

SEP OCT

MEDIAN SALES PRICE

NOV

$560

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.010 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SAN FERNANDO VALLEY MACRO MARKET

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$900,000

$927,500

$1,014,000

$990,000

10.0%

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

$483

$486

$515

$504

4.3%

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

514

328

472

543

5.6%

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

637

415

579

569

-10.7%

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

1,268

822

1,094

1,348

6.3%

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

50

54

47

38

-23.7%

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

2.5

2.5

2.3

2.5

0.6%

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

50.2%

50.5%

52.9%

42.2%

-16.0%

$940,060

$1,008,075

$996,650

$976,935

3.9%

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 JUL

$900

AUG

$990,000

SEP OCT

MEDIAN SALES PRICE

NOV

$504

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$990 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


AGOURA HILLS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,070,000

$790,000

$847,000

$968,000

-9.5%

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

$423

$412

$470

$405

-4.3%

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

30

14

13

20

-33.3%

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

30

20

18

25

-16.7%

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

59

44

48

67

13.6%

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

71

93

53

78

9.9%

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

2

3.1

3.7

3.4

70.3%

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

50.8%

45.5%

37.5%

37.3%

-26.6%

$928,333

$963,333

$1,029,333

$952,769

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 $1.070

JUL AUG

$968,000

SEP OCT

MEDIAN SALES PRICE

NOV

$405

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$968 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BURBANK

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$760,000

$825,000

$871,000

$856,000

12.6%

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

$534

$485

$535

$547

2.4%

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

47

37

35

59

25.5%

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

57

32

55

56

-1.8%

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

84

45

54

91

8.3%

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

37

56

30

33

-10.8%

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

1.8

1.2

1.5

1.5

-13.7%

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

67.9%

71.1%

101.9%

61.5%

-9.3%

$771,000

$855,000

$866,667

$830,231

7.7%

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 JUL

$760

AUG

$856,000

SEP OCT

MEDIAN SALES PRICE

NOV

$547

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$856 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CALABASAS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,397,000

$1,520,000

$1,290,000

$1,466,000

4.9%

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

$478

$439

$472

$454

-5.0%

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

27

11

33

18

-33.3%

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

30

24

26

27

-10.0%

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

94

64

94

112

19.1%

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

65

107

53

60

-7.7%

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

3.5

5.8

2.8

6.2

78.7%

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

31.9%

37.5%

27.7%

24.1%

-24.5%

$1,396,833

$1,402,167

$1,466,000

$1,409,692

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 JUL

$1.397

AUG

$1,466,000

SEP OCT

MEDIAN SALES PRICE

NOV

$454

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.466 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


ENCINO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,181,000

$1,785,000

$1,185,000

$1,325,000

12.2%

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

$549

$542

$552

$565

2.9%

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

51

23

41

39

-23.5%

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

56

38

49

40

-28.6%

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

120

75

103

137

14.2%

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

48

70

52

55

14.6%

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

2.4

3.3

2.5

3.5

49.3%

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

46.7%

50.7%

47.6%

29.2%

-37.4%

$1,249,417

$1,416,333

$1,434,667

$1,425,923

14.1%

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 JUL

$1.181

AUG

$1,325,000

SEP OCT

MEDIAN SALES PRICE

NOV

$565

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.325 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


GLENDALE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,095,000

$882,000

$1,250,000

$1,057,000

-3.5%

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

$542

$479

$511

$499

-7.9%

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

60

59

35

72

20.0%

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

64

46

56

63

-1.6%

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

114

58

88

102

-10.5%

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

37

50

50

38

2.7%

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

1.7

1.8

1.6

1.9

10.4%

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

63.8%

51.5%

83.0%

56.1%

-12.0%

$890,417

$1,027,167

$1,013,000

$970,250

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 JUL

$893

AUG

$1,057,000

SEP OCT

MEDIAN SALES PRICE

NOV

$499

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.095 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LA CRESCENTA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$950,000

$965,000

$1,025,000

$875,000

-7.9%

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

$517

$553

$504

$535

3.5%

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

19

17

17

29

52.6%

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

24

11

20

30

25.0%

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

24

14

24

27

12.5%

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

29

33

30

34

17.2%

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

1.3

0.8

1.4

0.9

-26.3%

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

100.0%

78.6%

83.3%

111.1%

11.1%

Average Median Price for Last 12 Months

$827,500

$928,500

$915,667

$898,231

8.5%

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

CURRENT MARKET SNAPSHOT $950

JUL AUG

$875,000

SEP OCT

MEDIAN SALES PRICE

NOV

$535

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

0.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$875 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


NORTH HOLLYWOOD

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$571,000

$625,000

$644,000

$625,000

9.5%

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

$404

$400

$451

$463

14.6%

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

25

18

24

42

68.0%

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

43

23

46

44

2.3%

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

63

35

44

54

-14.3%

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

38

66

67

36

-5.3%

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

2.5

1.9

1.8

1.3

-49.0%

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

68.3%

65.7%

104.5%

81.5%

19.4%

$549,333

$642,833

$643,333

$620,308

12.9%

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 JUL

$571

AUG

$625,000

SEP OCT

MEDIAN SALES PRICE

NOV

$463

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$625 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SHADOW HILLS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$795,000

$0

$880,000

$869,000

9.3%

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

$303

$0

$474

$360

18.8%

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

6

0

6

7

16.7%

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

4

4

4

6

50.0%

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

7

13

15

9

28.6%

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

39

0

24

119

205.1%

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

1.2

n/a

2.5

1.3

10.2%

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

57.1%

30.8%

26.7%

66.7%

16.7%

$795,833

$749,833

$906,333

$750,615

-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 JUL

$795

AUG

$869,000

SEP OCT

MEDIAN SALES PRICE

NOV

$360

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$869 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SHERMAN OAKS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,173,000

$1,220,000

$1,420,000

$1,250,000

6.6%

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

$542

$548

$618

$560

3.3%

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

46

35

52

52

13.0%

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

71

45

53

56

-21.1%

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

150

81

117

137

-8.7%

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

54

58

58

39

-27.8%

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

3.3

2.3

2.2

2.6

-19.2%

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

47.3%

55.6%

45.3%

40.9%

-13.6%

$1,178,083

$1,272,667

$1,220,667

$1,216,692

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 JUL

$1.173

AUG

$1,250,000

SEP OCT

MEDIAN SALES PRICE

NOV

$560

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.250 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


STUDIO CITY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,299,000

$1,965,000

$1,400,000

$1,299,000

0.0%

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

$590

$601

$642

$697

18.1%

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

25

21

33

33

32.0%

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

40

37

28

23

-42.5%

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

70

54

77

80

14.3%

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

52

67

46

53

1.9%

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

2.8

2.6

2.3

2.4

-13.4%

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

57.1%

68.5%

36.4%

28.7%

-49.7%

$1,418,667

$1,459,500

$1,504,000

$1,433,846

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 JUL

$1.299

AUG

$1,299,000

SEP OCT

MEDIAN SALES PRICE

NOV

$697

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.299 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SUN VALLEY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$628,000

$582,000

$538,000

$600,000

-4.5%

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

$392

$400

$415

$448

14.3%

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

22

14

18

17

-22.7%

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

23

17

19

15

-34.8%

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

24

17

24

36

50.0%

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

30

41

45

32

6.7%

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

1.1

1.2

1.3

2.1

94.1%

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

95.8%

100.0%

79.2%

41.7%

-56.5%

$512,167

$544,667

$562,667

$556,615

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 $628

JUL AUG

$600,000

SEP OCT

MEDIAN SALES PRICE

NOV

$448

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$600 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SUNLAND/TUJUNGA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$588,000

$612,000

$593,000

$643,000

9.4%

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

$360

$427

$433

$408

13.3%

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

14

15

16

16

14.3%

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

17

15

22

17

0.0%

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

23

15

24

40

73.9%

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

38

31

44

36

-5.3%

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

1.6

1

1.5

2.5

52.2%

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

73.9%

100.0%

91.7%

42.5%

-42.5%

$588,333

$616,000

$629,667

$586,308

-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 JUL

$588

AUG

$643,000

SEP OCT

MEDIAN SALES PRICE

NOV

$408

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$643 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


TARZANA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,050,000

$803,000

$1,273,000

$960,000

-8.6%

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

$398

$462

$453

$428

7.5%

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

33

20

24

37

12.1%

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

31

23

23

23

-25.8%

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

91

77

87

110

20.9%

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

48

66

55

56

16.7%

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

2.8

3.8

3.6

3

7.8%

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

34.1%

29.9%

26.4%

20.9%

-38.6%

$1,041,917

$1,164,500

$1,113,000

$1,094,385

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 JUL

$1.050

AUG

$960,000

SEP OCT

MEDIAN SALES PRICE

NOV

$428

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$960 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


TOLUCA LAKE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,380,000

$1,508,000

$1,263,000

$1,335,000

-3.3%

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

$714

$558

$598

$574

-19.6%

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

7

4

6

5

-28.6%

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

4

8

11

16

300.0%

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

18

16

24

26

44.4%

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

43

33

37

39

-9.3%

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

2.6

4

4

5.2

102.2%

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

22.2%

50.0%

45.8%

61.5%

176.9%

$1,572,833

$1,416,500

$1,231,000

$1,403,846

-10.7%

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 JUL

$1.380

AUG

$1,335,000

SEP OCT

MEDIAN SALES PRICE

NOV

$574

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.335 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


VALLEY VILLAGE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$965,000

$967,000

$1,195,000

$1,060,000

9.8%

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

$511

$507

$548

$532

4.1%

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

19

10

9

13

-31.6%

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

23

6

21

22

-4.3%

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

28

18

22

29

3.6%

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

55

81

54

39

-29.1%

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

1.5

1.8

2.4

2.2

51.4%

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

82.1%

33.3%

95.5%

75.9%

-7.6%

$930,917

$1,103,167

$1,135,000

$1,046,615

12.4%

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 JUL

$965

AUG

$1,060,000

SEP OCT

MEDIAN SALES PRICE

NOV

$532

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.060 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WESTLAKE VILLAGE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$999,000

$985,000

$1,202,000

$1,299,000

30.0%

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

$437

$414

$454

$483

10.5%

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

21

11

31

29

38.1%

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

33

15

36

29

-12.1%

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

121

88

105

120

-0.8%

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

49

44

62

68

38.8%

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

5.8

8

3.4

4.1

-28.2%

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

27.3%

17.0%

34.3%

24.2%

-11.4%

$1,214,500

$1,275,833

$1,247,333

$1,240,000

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 JUL

$999

AUG

$1,299,000

SEP OCT

MEDIAN SALES PRICE

NOV

$483

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.299 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WOODLAND HILLS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$815,000

$905,000

$855,000

$865,000

6.1%

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

$400

$373

$424

$401

0.2%

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

61

41

58

67

9.8%

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

84

63

75

76

-9.5%

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

187

100

144

159

-15.0%

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

46

56

38

46

0.0%

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

3.1

2.4

2.5

2.4

-22.6%

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

44.9%

63.0%

52.1%

47.8%

6.4%

$834,417

$862,500

$860,333

$843,231

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 JUL

$815

AUG

$865,000

SEP OCT

MEDIAN SALES PRICE

NOV

$401

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$865 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SAN GABRIEL VALLEY MACRO MARKET

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$982,500

$845,400

$1,033,500

$995,000

1.3%

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

$308

$162

$254

$295

-4.2%

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

308

162

254

295

-4.2%

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

303

178

290

360

18.8%

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

1,430

981

1,258

1,397

-2.3%

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

41

47

41

39

-5.5%

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

4.6

6.1

5

4.7

2.0%

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

21.2%

18.1%

23.1%

25.8%

21.6%

$1,058,417

$964,833

$970,333

$931,531

-12.0%

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 $982

JUL AUG

$995,000

SEP OCT

MEDIAN SALES PRICE

NOV

$295

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$995 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


ALHAMBRA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$692,000

$805,000

$673,000

$870,000

25.7%

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

$504

$491

$473

$465

-7.7%

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

16

13

9

15

-6.2%

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

23

14

17

21

-8.7%

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

28

24

29

35

25.0%

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

36

41

13

18

-50.0%

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

1.8

1.8

3.2

2.3

33.3%

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

82.1%

58.3%

58.6%

60.0%

-27.0%

$656,750

$740,500

$777,667

$720,692

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 JUL

$692

AUG

$870,000

SEP OCT

MEDIAN SALES PRICE

NOV

$465

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$870 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


ALTADENA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$833,000

$823,000

$747,000

$868,000

4.2%

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

$485

$522

$484

$514

6.0%

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

34

22

27

39

14.7%

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

38

28

52

43

13.2%

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

39

43

42

53

35.9%

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

40

37

36

31

-22.5%

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

1.1

2

1.6

1.4

18.5%

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

97.4%

65.1%

123.8%

81.1%

-16.7%

$791,417

$816,000

$840,333

$816,000

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 $833

JUL AUG

$868,000

SEP OCT

MEDIAN SALES PRICE

NOV

$514

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$868 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


ARCADIA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,400,000

$1,390,000

$1,260,000

$1,417,000

1.2%

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

$564

$531

$573

$599

6.2%

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

39

22

39

28

-28.2%

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

50

28

38

47

-6.0%

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

236

171

191

210

-11.0%

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

54

57

44

33

-38.9%

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

6.1

7.8

4.9

7.5

23.9%

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

21.2%

16.4%

19.9%

22.4%

5.6%

$1,270,833

$1,414,500

$1,362,333

$1,371,385

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 JUL

$1.400

AUG

$1,417,000

SEP OCT

MEDIAN SALES PRICE

NOV

$599

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.417 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


DUARTE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$495,000

$542,000

$555,000

$551,000

11.3%

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

$360

$391

$397

$420

16.7%

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

10

10

14

16

60.0%

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

21

11

9

22

4.8%

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

30

22

19

28

-6.7%

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

24

51

21

26

8.3%

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

3

2.2

1.4

1.8

-41.7%

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

70.0%

50.0%

47.4%

78.6%

12.2%

$481,417

$553,000

$546,667

$536,692

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 JUL

$495

AUG

$551,000

SEP OCT

MEDIAN SALES PRICE

NOV

$420

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$551 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


EAGLE ROCK

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$880,000

$1,409,000

$1,085,000

$943,000

7.2%

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

$580

$564

$532

$709

22.2%

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

4

2

4

4

0.0%

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

8

0

10

1

-87.5%

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

11

4

8

9

-18.2%

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

46

104

61

12

-73.9%

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

2.8

2

2

2.2

-18.2%

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

72.7%

0.0%

125.0%

11.1%

-84.7%

$795,583

$769,000

$886,333

$840,000

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 JUL

$880

AUG

$943,000

SEP OCT

MEDIAN SALES PRICE

NOV

$709

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$943 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LA CANADA FLINTRIDGE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,750,000

$2,275,000

$1,895,000

$1,770,000

1.1%

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

$706

$652

$720

$676

-4.2%

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

21

10

28

27

28.6%

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

26

8

32

26

0.0%

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

47

33

55

54

14.9%

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

62

35

43

57

-8.1%

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

2.2

3.3

2

2

-10.6%

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

55.3%

24.2%

58.2%

48.1%

-13.0%

$1,817,417

$1,823,667

$1,906,000

$1,774,692

-2.4%

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 JUL

$1.750

AUG

$1,770,000

SEP OCT

MEDIAN SALES PRICE

NOV

$676

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.770 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MONROVIA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$787,000

$653,000

$710,000

$790,000

0.4%

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

$459

$470

$484

$493

7.4%

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

22

14

13

33

50.0%

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

26

18

19

27

3.8%

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

43

23

38

44

2.3%

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

16

48

33

42

162.5%

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

2

1.6

2.9

1.3

-31.8%

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

60.5%

78.3%

50.0%

61.4%

1.5%

$668,250

$736,500

$764,333

$727,077

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 $787

JUL AUG

$790,000

SEP OCT

MEDIAN SALES PRICE

NOV

$493

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$790 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


PASADENA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$992,000

$899,000

$1,054,000

$1,066,000

7.5%

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

$583

$553

$605

$606

3.9%

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

95

32

74

84

-11.6%

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

93

52

79

96

3.2%

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

167

122

168

185

10.8%

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

45

74

41

41

-8.9%

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

1.8

3.8

2.3

2.2

25.3%

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

55.7%

42.6%

47.0%

51.9%

-6.8%

$878,750

$1,038,000

$1,038,000

$987,462

12.4%

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 JUL

$992

AUG

$1,066,000

SEP OCT

MEDIAN SALES PRICE

NOV

$606

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.066 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SAN GABRIEL

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$760,000

$828,000

$720,000

$830,000

9.2%

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

$499

$478

$600

$524

5.0%

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

23

18

20

23

0.0%

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

21

23

18

27

28.6%

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

48

27

31

64

33.3%

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

38

34

29

20

-47.4%

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

2.1

1.5

1.6

2.8

33.3%

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

43.8%

85.2%

58.1%

42.2%

-3.6%

$747,917

$787,000

$790,667

$802,538

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 JUL

$760

AUG

$830,000

SEP OCT

MEDIAN SALES PRICE

NOV

$524

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$830 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SAN MARINO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$2,170,000

$2,088,000

$2,535,000

$2,289,000

5.5%

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

$955

$724

$857

$864

-9.5%

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

17

6

7

14

-17.6%

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

11

7

6

10

-9.1%

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

57

37

51

65

14.0%

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

31

115

67

66

112.9%

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

3.4

6.2

7.3

4.6

38.5%

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

19.3%

18.9%

11.8%

15.4%

-20.3%

$2,206,750

$2,159,333

$2,085,333

$2,099,769

-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 JUL

$2.170

AUG

$2,289,000

SEP OCT

MEDIAN SALES PRICE

NOV

$864

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.289 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SIERRA MADRE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,115,000

$693,000

$1,069,000

$1,084,000

-2.8%

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

$482

$643

$575

$586

21.6%

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

13

4

11

8

-38.5%

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

9

7

10

14

55.6%

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

21

18

18

23

9.5%

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

35

36

26

31

-11.4%

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

1.6

4.5

1.6

2.9

78.0%

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

42.9%

38.9%

55.6%

60.9%

42.0%

$1,087,083

$1,129,167

$1,261,000

$1,045,462

-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 JUL

$1.115

AUG

$1,084,000

SEP OCT

MEDIAN SALES PRICE

NOV

$586

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.084 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SOUTH PASADENA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,115,000

$1,700,000

$1,735,000

$1,665,000

49.3%

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

$482

$689

$749

$802

66.4%

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

13

8

7

10

-23.1%

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

9

3

14

12

33.3%

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

21

11

12

14

-33.3%

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

35

38

46

34

-2.9%

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

1.6

1.4

1.7

1.4

-13.3%

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

42.9%

27.3%

116.7%

85.7%

100.0%

$1,298,833

$1,529,333

$1,401,000

$1,429,385

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 JUL

$1.115

AUG

$1,665,000

SEP OCT

MEDIAN SALES PRICE

NOV

$802

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.665 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 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

SHADY CANYON

CRYSTAL COVE

LAGUNA WOODS

TURTLE RIDGE

DANA POINT

LOWER NEWPORT BAY - BALBOA ISLAND

TURTLE ROCK

EAST BLUFF - HARBOR VIEW

MISSION VIEJO

WESTMINSTER

EAST COSTA MESA

NELLE GAIL

WEST BAY - SANTA ANA HEIGHTS

FOUNTAIN VALLEY

NEWPORT BEACH

WEST NEWPORT - LIDO

HUNTINGTON BEACH

NEWPORT COAST

Micro Market Report : July 2018


COUNTY: ORANGE AREA: 948 SQ MILES FOUNDED: 1889

Micro Market Report : July 2018


ORANGE COUNTY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$780,000

$775,000

$810,000

$825,000

5.8%

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

$451

$469

$511

$496

10.0%

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

1762

1063

1621

1730

-1.8%

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

1875

1352

1855

1685

-10.1%

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

6,778

4,546

6,152

6,944

2.4%

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

44

51

34

40

-9.1%

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

3.8

4.3

3.8

4

4.3%

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

27.7%

29.7%

30.2%

24.3%

-12.3%

$754,788

$819,250

$828,167

$798,692

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 $780

JUL AUG

$825,000

SEP OCT

MEDIAN SALES PRICE

NOV

$496

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$825 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


ALISO VIEJO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$815,000

$859,000

$865,500

$835,000

2.5%

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

$398

$354

$410

$413

3.8%

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

21

9

16

19

-9.5%

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

20

12

19

20

0.0%

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

55

21

39

67

21.8%

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

33

42

25

27

-18.2%

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

2.6

2.3

2.4

3.5

34.6%

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

36.4%

57.1%

48.7%

29.9%

-17.9%

$802,496

$843,408

$856,483

$829,800

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 JUL

$815

AUG

$835,000

SEP OCT

MEDIAN SALES PRICE

NOV

$413

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$835 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BALBOA PENINSULA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,300,000

$3,600,000

$2,998,500

$3,225,000

148.1%

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

$1,052

$1,475

$1,425

$1,646

56.5%

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

1

10

11

7

600.0%

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

8

3

7

7

-12.5%

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

40

30

49

49

22.5%

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

70

82

49

93

32.9%

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

40

3

4.5

7

-82.5%

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

20.0%

10.0%

14.3%

14.3%

-28.6%

$2,923,917

$5,063,917

$3,606,667

$3,923,731

34.2%

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 JUL

$1.300

AUG

$3,225,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,646

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.225 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CORONA DEL MAR - SPYGLASS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$3,112,000

$3,600,000

$3,850,000

$3,400,000

9.3%

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

$1,133

$1,108

$1,464

$1,266

11.7%

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

15

13

13

9

-40.0%

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

10

12

20

8

-20.0%

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

80

75

91

101

26.2%

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

85

172

68

90

5.9%

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

5.3

5.8

7

11.2

110.4%

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

12.5%

16.0%

22.0%

7.9%

-36.6%

$2,854,824

$3,375,177

$3,211,667

$3,100,236

8.6%

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 JUL

$3.112

AUG

$3,400,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,266

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

11.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


COTO DE CAZA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,120,000

$1,350,000

$1,252,500

$1,475,000

31.7%

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

$337

$330

$356

$381

13.1%

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

20

3

18

25

25.0%

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

19

15

17

19

0.0%

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

132

93

133

137

3.8%

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

54

62

35

57

5.6%

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

6.6

31

7.4

5.5

-17.0%

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

14.4%

16.1%

12.8%

13.9%

-3.6%

$1,195,981

$1,313,755

$1,438,333

$1,272,464

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 JUL

$1.120

AUG

$1,475,000

SEP OCT

MEDIAN SALES PRICE

NOV

$381

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.475 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CRYSTAL COVE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$6,900,000

$4,300,000

$9,530,000

$11,500,000

66.7%

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

$1,222

$1,074

$1,290

$1,470

20.3%

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

5

1

3

3

-40.0%

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

1

3

3

5

400.0%

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

22

24

27

28

27.3%

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

105

112

60

153

45.7%

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

4.4

24

9

9.3

112.1%

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

4.5%

12.5%

11.1%

17.9%

292.9%

$6,077,083

$10,357,083

$8,504,167

$8,759,503

44.1%

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 JUL

$6.900

AUG

$11,500,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,470

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

9.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$11.500 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


DANA POINT

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,114,500

$1,050,000

$1,042,500

$1,125,000

0.9%

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

$627

$502

$799

$683

8.9%

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

28

17

32

37

32.1%

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

28

23

30

33

17.9%

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

199

134

168

198

-0.5%

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

73

83

76

53

-27.4%

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

7.1

7.9

5.2

5.4

-24.7%

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

14.1%

17.2%

17.9%

16.7%

18.5%

$1,026,521

$1,215,750

$1,305,000

$1,183,115

15.3%

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 JUL

$1.114

AUG

$1,125,000

SEP OCT

MEDIAN SALES PRICE

NOV

$683

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.125 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


EAST BLUFF - HARBOR VIEW

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$2,195,000

$3,025,000

$2,072,500

$2,137,500

-2.6%

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

$753

$675

$743

$739

-1.9%

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

25

9

20

22

-12.0%

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

16

21

21

18

12.5%

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

109

95

110

107

-1.8%

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

65

67

58

88

35.4%

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

4.4

10.6

5.5

4.9

11.6%

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

14.7%

22.1%

19.1%

16.8%

14.6%

$1,901,718

$2,040,958

$1,989,417

$2,128,442

11.9%

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 JUL

$2.195

AUG

$2,137,500

SEP OCT

MEDIAN SALES PRICE

NOV

$739

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.137 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


EAST COSTA MESA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$912,500

$907,000

$999,500

$1,146,000

25.6%

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

$642

$490

$595

$571

-11.1%

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

20

10

7

10

-50.0%

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

17

19

17

11

-35.3%

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

70

65

70

83

18.6%

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

59

52

43

40

-32.2%

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

3.5

6.5

10

8.3

137.1%

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

24.3%

29.2%

24.3%

13.3%

-45.4%

$1,025,013

$1,139,917

$1,129,667

$1,063,990

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 JUL

$912

AUG

$1,146,000

SEP OCT

MEDIAN SALES PRICE

NOV

$571

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.146 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


FOUNTAIN VALLEY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$767,000

$785,000

$810,000

$810,000

5.6%

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

$407

$401

$405

$438

7.6%

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

31

19

25

29

-6.5%

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

28

18

30

33

17.9%

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

65

50

60

90

38.5%

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

33

22

25

23

-30.3%

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

2.1

2.6

2.4

3.1

48.0%

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

43.1%

36.0%

50.0%

36.7%

-14.9%

$776,058

$829,250

$830,000

$799,846

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 JUL

$767

AUG

$810,000

SEP OCT

MEDIAN SALES PRICE

NOV

$438

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$810 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


HUNTINGTON BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$880,000

$830,000

$900,000

$930,000

5.7%

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

$487

$506

$537

$512

5.1%

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

127

59

89

83

-34.6%

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

135

62

120

100

-25.9%

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

360

218

314

363

0.8%

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

47

45

28

33

-29.8%

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

2.8

3.7

3.5

4.4

54.3%

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

37.5%

28.4%

38.2%

27.5%

-26.5%

$831,125

$904,167

$906,000

$889,115

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 JUL

$880

AUG

$930,000

SEP OCT

MEDIAN SALES PRICE

NOV

$512

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$930 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


IRVINE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,097,500

$1,139,500

$1,249,000

$1,236,500

12.7%

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

$511

$548

$507

$513

0.4%

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

114

64

98

110

-3.5%

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

131

90

129

114

-13.0%

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

497

335

457

537

8.0%

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

46

41

36

38

-17.4%

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

4.4

5.2

4.7

4.9

12.0%

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

26.4%

26.9%

28.2%

21.2%

-19.5%

$1,084,082

$1,206,917

$1,198,833

$1,169,500

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 JUL

$1.097

AUG

$1,236,500

SEP OCT

MEDIAN SALES PRICE

NOV

$513

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.236 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LADERA RANCH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$930,000

$990,150

$1,095,000

$970,000

4.3%

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

$361

$340

$379

$378

4.7%

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

40

9

25

31

-22.5%

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

22

23

41

19

-13.6%

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

128

87

115

103

-19.5%

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

48

46

30

52

8.3%

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

3.2

9.7

4.6

3.3

3.8%

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

17.2%

26.4%

35.7%

18.4%

7.3%

$897,996

$1,014,417

$1,045,833

$984,273

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 JUL

$930

AUG

$970,000

SEP OCT

MEDIAN SALES PRICE

NOV

$378

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$970 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LAGUNA BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,850,000

$2,600,000

$2,400,000

$2,417,500

30.7%

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

$1,058

$1,106

$1,529

$1,751

65.5%

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

26

21

38

28

7.7%

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

30

20

24

27

-10.0%

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

280

213

270

280

0.0%

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

62

106

70

75

21.0%

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

10.8

10.1

7.1

10

-7.1%

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

10.7%

9.4%

8.9%

9.6%

-10.0%

$2,045,633

$2,102,292

$2,010,833

$2,056,173

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 JUL

$1.850

AUG

$2,417,500

SEP OCT

MEDIAN SALES PRICE

NOV

$1,751

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

10 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.417 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LAGUNA NIGUEL

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$910,000

$933,000

$1,005,000

$1,020,000

12.1%

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

$465

$448

$448

$431

-7.3%

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

61

23

53

43

-29.5%

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

74

52

56

50

-32.4%

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

273

162

217

259

-5.1%

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

56

60

43

55

-1.8%

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

4.5

7

4.1

6

34.6%

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

27.1%

32.1%

25.8%

19.3%

-28.8%

$905,142

$976,171

$999,258

$962,379

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 JUL

$910

AUG

$1,020,000

SEP OCT

MEDIAN SALES PRICE

NOV

$431

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.020 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LAGUNA HILLS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$915,000

$763,000

$850,000

$907,500

-0.8%

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

$379

$398

$396

$418

10.3%

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

17

11

17

26

52.9%

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

22

16

25

21

-4.5%

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

114

59

94

103

-9.6%

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

50

68

23

24

-52.0%

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

6.7

5.4

5.5

4

-40.9%

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

19.3%

27.1%

26.6%

20.4%

5.6%

$836,009

$919,667

$875,000

$874,154

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 JUL

$915

AUG

$907,500

SEP OCT

MEDIAN SALES PRICE

NOV

$418

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$907 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LAGUNA WOODS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 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

1

3

0

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

0.0%

0.0%

n/a

n/a

Average Median Price for Last 12 Months

$0

$860,000

n/a

$854,833

n/a

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

CURRENT MARKET SNAPSHOT JUL AUG

NO SALES

SEP OCT

MEDIAN SALES PRICE

NOV

NO SALES

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

N/A MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LANTERN VILLAGE IN DANA POINT

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$955,000

$1,535,000

$875,000

$699,000

-26.8%

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

$655

$463

$549

$750

14.5%

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

2

4

3

3

50.0%

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

5

2

3

6

20.0%

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

30

15

24

34

13.3%

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

41

6

89

48

17.1%

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

15

3.8

8

11.3

-24.4%

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

16.7%

13.3%

12.5%

17.6%

5.9%

$981,417

$1,183,417

$1,402,500

$1,129,577

15.1%

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 JUL

$955

AUG

$699,000

SEP OCT

MEDIAN SALES PRICE

NOV

$750

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

11.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$699 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LOWER NEWPORT BAY - BALBOA ISLAND

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$3,587,500

$3,800,000

$3,750,000

$3,400,000

-5.2%

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

$1,446

$1,514

$1,459

$1,740

20.3%

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

6

3

5

7

16.7%

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

9

5

2

5

-44.4%

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

40

22

31

34

-15.0%

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

35

98

4

106

202.9%

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

6.7

7.3

6.2

4.9

-27.1%

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

22.5%

22.7%

6.5%

14.7%

-34.6%

$3,293,054

$3,719,583

$3,883,333

$3,618,846

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 JUL

$3.587

AUG

$3,400,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,740

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MISSION VIEJO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$753,750

$725,000

$770,000

$780,000

3.5%

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

$367

$387

$375

$380

3.5%

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

98

69

91

97

-1.0%

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

107

72

90

97

-9.3%

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

291

189

264

352

21.0%

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

31

45

32

33

6.5%

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

3

2.7

2.9

3.6

22.2%

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

36.8%

38.1%

34.1%

27.6%

-25.1%

$716,725

$770,083

$776,000

$753,558

5.1%

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 $753

JUL AUG

$780,000

SEP OCT

MEDIAN SALES PRICE

NOV

$380

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$780 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MONARCH BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

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

$1,450,672

$1,225,000

$1,900,000

$1,782,500

22.9%

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

$789

$675

$1,054

$797

1.0%

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

10

6

11

18

80.0%

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

8

10

13

13

62.5%

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

83

62

82

75

-9.6%

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

82

62

88

35

-57.3%

Month’s Supply of Inventory .................

8.3

10.3

7.5

4.2

-49.8%

Percent Under Contract .......................

9.6%

16.1%

15.9%

17.3%

79.8%

$1,737,171

$1,838,500

$1,919,000

$1,701,206

-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 JUL

$1.450

AUG

$1,782,500

SEP OCT

MEDIAN SALES PRICE

NOV

$797

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.782 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


NELLE GAIL

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$915,000

$763,000

$850,000

$910,000

-0.5%

Average Price per Square Foot ..............

$379

$398

$396

$419

10.6%

Properties Sold ...................................

17

11

17

25

47.1%

Properties Pending Sale .......................

22

16

24

20

-9.1%

Properties For Sale ..............................

112

59

92

101

-9.8%

Days on Market (Pending Sale) .............

50

68

23

24

-52.0%

Month’s Supply of Inventory .................

6.6

5.4

5.4

4

-38.7%

Percent Under Contract .......................

19.6%

27.1%

26.1%

19.8%

0.8%

$852,798

$923,875

$880,917

$875,904

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 JUL

$915

AUG

$910,000

SEP OCT

MEDIAN SALES PRICE

NOV

$419

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$910 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


NEWPORT BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$2,122,500

$3,025,000

$2,162,500

$2,350,000

10.7%

Average Price per Square Foot ..............

$825

$1,015

$1,046

$1,089

32.0%

Properties Sold ...................................

60

33

62

59

-1.7%

Properties Pending Sale .......................

62

49

55

52

-16.1%

Properties For Sale ..............................

360

258

343

323

-10.3%

Days on Market (Pending Sale) .............

69

64

50

84

21.7%

Month’s Supply of Inventory .................

6

7.8

5.5

5.5

-8.8%

Percent Under Contract .......................

17.2%

19.0%

16.0%

16.1%

-6.5%

$2,079,625

$2,220,083

$2,332,667

$2,326,385

11.9%

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 JUL

$2.122

AUG

$2,350,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,089

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.350 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


NEWPORT COAST

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$6,900,000

$2,677,500

$3,154,000

$4,585,000

-33.6%

Average Price per Square Foot ..............

$1,110

$775

$1,156

$1,171

5.5%

Properties Sold ...................................

9

6

14

10

11.1%

Properties Pending Sale .......................

7

14

11

14

100.0%

Properties For Sale ..............................

105

79

93

104

-1.0%

Days on Market (Pending Sale) .............

92

70

67

96

4.3%

Month’s Supply of Inventory .................

11.7

13.2

6.6

10.4

-10.9%

Percent Under Contract .......................

6.7%

17.7%

11.8%

13.5%

101.9%

$3,514,260

$3,979,000

$4,653,333

$4,028,423

14.6%

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 $6.900

JUL AUG

$4,585,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,171

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

10.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$4.585 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


NEWPORT HEIGHTS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$3,574,000

$3,230,000

$2,045,000

$1,650,000

-53.8%

Average Price per Square Foot ..............

$764

$718

$831

$745

-2.5%

Properties Sold ...................................

3

2

7

3

0.0%

Properties Pending Sale .......................

7

5

7

7

0.0%

Properties For Sale ..............................

50

33

35

31

-38.0%

Days on Market (Pending Sale) .............

109

64

56

80

-26.6%

Month’s Supply of Inventory .................

16.7

16.5

5

10.3

-38.0%

Percent Under Contract .......................

14.0%

15.2%

20.0%

22.6%

61.3%

$2,252,844

$2,137,083

$1,685,000

$2,320,846

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 $3.574

JUL AUG

$1,650,000

SEP OCT

MEDIAN SALES PRICE

NOV

$745

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

10.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.650 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


RANCHO SANTA MARGARITA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$800,000

$821,500

$826,000

$860,000

7.5%

Average Price per Square Foot ..............

$346

$335

$357

$347

0.3%

Properties Sold ...................................

49

24

39

31

-36.7%

Properties Pending Sale .......................

47

28

44

35

-25.5%

Properties For Sale ..............................

131

66

127

147

12.2%

Days on Market (Pending Sale) .............

40

32

20

40

0.0%

Month’s Supply of Inventory .................

2.7

2.8

3.3

4.7

77.4%

Percent Under Contract .......................

35.9%

42.4%

34.6%

23.8%

-33.6%

$744,250

$816,250

$829,667

$792,538

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 $800

JUL AUG

$860,000

SEP OCT

MEDIAN SALES PRICE

NOV

$347

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$860 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SAN CLEMENTE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$982,600

$1,000,000

$1,000,000

$1,050,000

6.9%

Average Price per Square Foot ..............

$414

$437

$416

$450

8.7%

Properties Sold ...................................

52

42

75

85

63.5%

Properties Pending Sale .......................

61

44

90

85

39.3%

Properties For Sale ..............................

311

196

309

324

4.2%

Days on Market (Pending Sale) .............

55

71

43

61

10.9%

Month’s Supply of Inventory .................

6

4.7

4.1

3.8

-36.3%

Percent Under Contract .......................

19.6%

22.4%

29.1%

26.2%

33.8%

$946,264

$1,065,917

$1,082,333

$1,021,705

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 JUL

$982

AUG

$1,050,000

SEP OCT

MEDIAN SALES PRICE

NOV

$450

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SAN JUAN CAPISTRANO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,015,000

$1,286,544

$975,000

$829,000

-18.3%

Average Price per Square Foot ..............

$360

$418

$397

$388

7.8%

Properties Sold ...................................

43

28

25

29

-32.6%

Properties Pending Sale .......................

38

34

32

31

-18.4%

Properties For Sale ..............................

180

132

159

166

-7.8%

Days on Market (Pending Sale) .............

56

81

37

46

-17.9%

Month’s Supply of Inventory .................

4.2

4.7

6.4

5.7

36.7%

Percent Under Contract .......................

21.1%

25.8%

20.1%

18.7%

-11.5%

$984,542

$1,069,409

$1,063,817

$1,041,406

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 $1.015

JUL AUG

$829,000

SEP OCT

MEDIAN SALES PRICE

NOV

$388

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$829 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SEAL BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,128,700

$919,000

$1,039,500

$930,000

-17.6%

Average Price per Square Foot ..............

$504

$528

$510

$623

23.6%

Properties Sold ...................................

11

7

12

14

27.3%

Properties Pending Sale .......................

19

15

14

14

-26.3%

Properties For Sale ..............................

51

27

36

37

-27.5%

Days on Market (Pending Sale) .............

46

83

24

31

-32.6%

Month’s Supply of Inventory .................

4.6

3.9

3

2.6

-43.0%

Percent Under Contract .......................

37.3%

55.6%

38.9%

37.8%

1.6%

$1,002,163

$1,036,833

$1,020,500

$994,573

-0.8%

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 $1.128

JUL AUG

$930,000

SEP OCT

MEDIAN SALES PRICE

NOV

$623

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$930 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SHADY CANYON

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$2,235,084

$1,736,000

$2,299,000

$1,870,000

-16.3%

Average Price per Square Foot ..............

$683

$821

$680

$703

2.9%

Properties Sold ...................................

14

8

14

15

7.1%

Properties Pending Sale .......................

15

10

17

12

-20.0%

Properties For Sale ..............................

99

62

79

102

3.0%

Days on Market (Pending Sale) .............

46

83

45

77

67.4%

Month’s Supply of Inventory .................

7.1

7.8

5.6

6.8

-3.8%

Percent Under Contract .......................

15.2%

16.1%

21.5%

11.8%

-22.4%

$1,910,658

$2,115,824

$2,262,481

$1,969,887

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 JUL

$2.235

AUG

$1,870,000

SEP OCT

MEDIAN SALES PRICE

NOV

$703

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.870 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


TURTLE RIDGE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$2,924,500

$0

$2,568,888

$3,555,000

21.6%

Average Price per Square Foot ..............

$711

$0

$747

$781

9.8%

Properties Sold ...................................

2

0

3

1

-50.0%

Properties Pending Sale .......................

0

1

3

4

n/a

Properties For Sale ..............................

24

20

21

24

0.0%

Days on Market (Pending Sale) .............

0

47

31

59

n/a

Month’s Supply of Inventory .................

12

n/a

7

24

100.0%

Percent Under Contract .......................

0.0%

5.0%

14.3%

16.7%

n/a

$2,122,288

$2,530,381

$2,649,800

$2,482,429

17.0%

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 JUL

$2.924

AUG

$3,555,000

SEP OCT

MEDIAN SALES PRICE

NOV

$781

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

24 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.555 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


TURTLE ROCK

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,277,000

$1,500,000

$2,175,000

$1,860,000

45.7%

Average Price per Square Foot ..............

$629

$608

$669

$674

7.2%

Properties Sold ...................................

7

5

6

12

71.4%

Properties Pending Sale .......................

11

5

9

8

-27.3%

Properties For Sale ..............................

45

21

28

42

-6.7%

Days on Market (Pending Sale) .............

36

87

34

38

5.6%

Month’s Supply of Inventory .................

6.4

4.2

4.7

3.5

-45.6%

Percent Under Contract .......................

24.4%

23.8%

32.1%

19.0%

-22.1%

$1,820,596

$1,753,083

$1,749,167

$1,707,923

-6.2%

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 JUL

$1.277

AUG

$1,860,000

SEP OCT

MEDIAN SALES PRICE

NOV

$674

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.860 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WESTMINSTER

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$638,000

$656,550

$712,500

$680,000

6.6%

Average Price per Square Foot ..............

$380

$427

$382

$454

19.5%

Properties Sold ...................................

35

21

28

26

-25.7%

Properties Pending Sale .......................

29

28

37

32

10.3%

Properties For Sale ..............................

82

59

89

91

11.0%

Days on Market (Pending Sale) .............

26

26

17

29

11.5%

Month’s Supply of Inventory .................

2.3

2.8

3.2

3.5

49.4%

Percent Under Contract .......................

35.4%

47.5%

41.6%

35.2%

-0.6%

$622,750

$681,667

$673,333

$660,881

6.1%

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 JUL

$638

AUG

$680,000

SEP OCT

MEDIAN SALES PRICE

NOV

$454

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$680 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WEST BAY - SANTA ANA HEIGHTS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,925,000

$1,793,980

$1,688,500

$2,250,000

16.9%

Average Price per Square Foot ..............

$662

$823

$706

$745

12.5%

Properties Sold ...................................

15

4

6

7

-53.3%

Properties Pending Sale .......................

13

11

6

10

-23.1%

Properties For Sale ..............................

55

38

49

59

7.3%

Days on Market (Pending Sale) .............

95

45

29

64

-32.6%

Month’s Supply of Inventory .................

3.7

9.5

8.2

8.4

129.9%

Percent Under Contract .......................

23.6%

28.9%

12.2%

16.9%

-28.3%

$1,675,292

$1,903,333

$2,077,333

$1,895,306

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 JUL

$1.925

AUG

$2,250,000

SEP OCT

MEDIAN SALES PRICE

NOV

$745

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.250 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WEST NEWPORT - LIDO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,807,500

$2,400,000

$2,395,000

$2,391,125

32.3%

Average Price per Square Foot ..............

$1,059

$1,033

$1,499

$1,417

33.8%

Properties Sold ...................................

10

5

13

12

20.0%

Properties Pending Sale .......................

9

4

12

5

-44.4%

Properties For Sale ..............................

65

40

65

41

-36.9%

Days on Market (Pending Sale) .............

41

51

52

76

85.4%

Month’s Supply of Inventory .................

6.5

8

5

3.4

-47.4%

Percent Under Contract .......................

13.8%

10.0%

18.5%

12.2%

-11.9%

$2,722,625

$2,979,604

$3,017,874

$3,044,240

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 JUL

$1.807

AUG

$2,391,125

SEP OCT

MEDIAN SALES PRICE

NOV

$1,417

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.391 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018



SANTA BARBARA COUNTY

CARPINTERIA

SANTA BARBARA EAST OF STATE

GOLETA

SANTA BARBARA WEST OF STATE

HOPE RANCH

SANTA YNEZ

MONTECITO

Micro Market Report : July 2018


COUNTY: SANTA BARBARA AREA: 3,789 SQ MILES FOUNDED: 1850

Micro Market Report : July 2018


CARPINTERIA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,097,500

$1,357,500

$989,000

$1,150,000

4.8%

Average Price per Square Foot ..............

$778

$985

$710

$722

-7.2%

Properties Sold ...................................

8

2

7

3

-62.5%

Properties Pending Sale .......................

11

4

8

0

-100.0%

Properties For Sale ..............................

49

22

30

40

-18.4%

Days on Market (Pending Sale) .............

64

56

16

0

-100.0%

Month’s Supply of Inventory .................

6.1

11

4.3

13.3

117.7%

Percent Under Contract .......................

22.4%

18.2%

26.7%

0.0%

-100.0%

$1,087,000

$1,022,632

$1,079,667

$1,111,945

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 JUL

$1.097

AUG

$1,150,000

SEP OCT

MEDIAN SALES PRICE

NOV

$722

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

13.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.150 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


GOLETA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$900,250

$780,000

$866,125

$923,772

2.6%

Average Price per Square Foot ..............

$471

$523

$562

$535

13.6%

Properties Sold ...................................

12

6

12

20

66.7%

Properties Pending Sale .......................

9

14

11

11

22.2%

Properties For Sale ..............................

33

27

27

30

-9.1%

Days on Market (Pending Sale) .............

25

34

22

23

-8.0%

Month’s Supply of Inventory .................

2.8

4.5

2.2

1.5

-45.5%

Percent Under Contract .......................

27.3%

51.9%

40.7%

36.7%

34.4%

$835,531

$886,691

$929,257

$875,761

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 $900

JUL AUG

$923,772

SEP OCT

MEDIAN SALES PRICE

NOV

$535

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$923 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


HOPE RANCH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$4,504,000

$5,400,000

$3,855,000

$3,200,000

-29.0%

Average Price per Square Foot ..............

$887

$0

$832

$1,190

34.2%

Properties Sold ...................................

2

1

3

3

50.0%

Properties Pending Sale .......................

0

8

3

3

n/a

Properties For Sale ..............................

36

31

27

33

-8.3%

Days on Market (Pending Sale) .............

0

227

383

29

n/a

Month’s Supply of Inventory .................

18

31

9

11

-38.9%

Percent Under Contract .......................

0.0%

25.8%

11.1%

9.1%

n/a

$2,751,255

$5,245,975

$6,816,667

$4,631,085

68.3%

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 JUL

$4.504

AUG

$3,200,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,190

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

11 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.200 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MONTECITO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$2,850,000

$2,697,500

$5,122,000

$2,945,000

3.3%

Average Price per Square Foot ..............

$1,022

$856

$1,333

$982

-3.9%

Properties Sold ...................................

13

10

2

10

-23.1%

Properties Pending Sale .......................

26

5

10

7

-73.1%

Properties For Sale ..............................

180

116

126

152

-15.6%

Days on Market (Pending Sale) .............

65

91

121

96

47.7%

Month’s Supply of Inventory .................

13.8

11.6

63

15.2

9.8%

Percent Under Contract .......................

14.4%

4.3%

7.9%

4.6%

-68.1%

$2,957,542

$3,231,129

$2,668,333

$3,014,210

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 JUL

$2.850

AUG

$2,945,000

SEP OCT

MEDIAN SALES PRICE

NOV

$982

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

15.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.945 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SANTA BARBARA EAST OF STATE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$999,500

$2,060,000

$1,375,000

$1,257,500

25.8%

Average Price per Square Foot ..............

$658

$692

$749

$685

4.1%

Properties Sold ...................................

22

14

32

26

18.2%

Properties Pending Sale .......................

27

31

29

36

33.3%

Properties For Sale ..............................

140

109

133

162

15.7%

Days on Market (Pending Sale) .............

69

57

53

54

-21.7%

Month’s Supply of Inventory .................

6.4

7.8

4.2

6.2

-2.1%

Percent Under Contract .......................

19.3%

28.4%

21.8%

22.2%

15.2%

$1,303,889

$1,383,833

$1,335,958

$1,441,414

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 JUL

$999

AUG

$1,257,500

SEP OCT

MEDIAN SALES PRICE

NOV

$685

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.257 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SANTA BARBARA WEST OF STATE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,100,000

$930,000

$1,222,500

$1,180,000

7.3%

Average Price per Square Foot ..............

$747

$696

$885

$744

-0.4%

Properties Sold ...................................

23

9

20

15

-34.8%

Properties Pending Sale .......................

27

13

21

23

-14.8%

Properties For Sale ..............................

80

48

69

108

35.0%

Days on Market (Pending Sale) .............

62

51

19

46

-25.8%

Month’s Supply of Inventory .................

3.5

5.3

3.4

7.2

107.0%

Percent Under Contract .......................

33.8%

27.1%

30.4%

21.3%

-36.9%

$1,127,325

$1,243,083

$1,164,000

$1,164,692

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 JUL

$1.100

AUG

$1,180,000

SEP OCT

MEDIAN SALES PRICE

NOV

$744

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.180 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SANTA YNEZ

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$741,000

$1,670,000

$1,050,000

$874,500

18.0%

Average Price per Square Foot ..............

$410

$465

$496

$459

12.0%

Properties Sold ...................................

19

9

13

20

5.3%

Properties Pending Sale .......................

19

19

18

26

36.8%

Properties For Sale ..............................

173

123

151

147

-15.0%

Days on Market (Pending Sale) .............

89

124

180

125

40.4%

Month’s Supply of Inventory .................

9.1

13.7

11.6

7.4

-19.3%

Percent Under Contract .......................

11.0%

15.4%

11.9%

17.7%

61.0%

$844,555

$920,500

$937,833

$910,788

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 JUL

$741

AUG

$874,500

SEP OCT

MEDIAN SALES PRICE

NOV

$459

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$874 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018



MONTEREY COUNTY

CARMEL

PACIFIC GROVE

CARMEL VALLEY

PEBBLE BEACH

MARINA

SALINAS

MONTEREY

SEASIDE

Micro Market Report : July 2018


COUNTY: MONTEREY AREA: 3,771 SQ MILES FOUNDED: 1850

Micro Market Report : July 2018


CARMEL

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,325,000

$2,055,000

$1,712,500

$2,000,000

50.9%

Average Price per Square Foot ..............

$903

$919

$747

$953

5.5%

Properties Sold ...................................

17

17

19

23

35.3%

Properties Pending Sale .......................

30

21

35

26

-13.3%

Properties For Sale ..............................

197

121

159

156

-20.8%

Days on Market (Pending Sale) .............

69

87

98

52

-24.6%

Month’s Supply of Inventory .................

11.6

7.1

8.4

6.8

-41.5%

Percent Under Contract .......................

15.2%

17.4%

22.0%

16.7%

9.4%

$1,476,200

$1,800,833

$1,849,167

$1,711,346

15.9%

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 JUL

$1.325

AUG

$2,000,000

SEP OCT

MEDIAN SALES PRICE

NOV

$953

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CARMEL VALLEY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,007,450

$1,200,000

$1,169,000

$1,147,500

13.9%

Average Price per Square Foot ..............

$431

$490

$494

$625

45.0%

Properties Sold ...................................

8

8

12

8

0.0%

Properties Pending Sale .......................

9

7

11

15

66.7%

Properties For Sale ..............................

72

55

71

78

8.3%

Days on Market (Pending Sale) .............

47

121

66

82

74.5%

Month’s Supply of Inventory .................

9

6.9

5.9

9.8

8.3%

Percent Under Contract .......................

12.5%

12.7%

15.5%

19.2%

53.8%

$1,118,288

$1,166,938

$1,059,167

$1,075,660

-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 JUL

$1.007

AUG

$1,147,500

SEP OCT

MEDIAN SALES PRICE

NOV

$625

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

9.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.147 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MARINA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$561,250

$531,500

$563,000

$605,000

7.8%

Average Price per Square Foot ..............

$321

$367

$376

$369

15.0%

Properties Sold ...................................

20

12

15

18

-10.0%

Properties Pending Sale .......................

16

17

14

18

12.5%

Properties For Sale ..............................

51

37

37

51

0.0%

Days on Market (Pending Sale) .............

30

50

30

40

33.3%

Month’s Supply of Inventory .................

2.6

3.1

2.5

2.8

11.1%

Percent Under Contract .......................

31.4%

45.9%

37.8%

35.3%

12.5%

$523,038

$597,167

$611,667

$576,135

10.2%

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 JUL

$561

AUG

$605,000

SEP OCT

MEDIAN SALES PRICE

NOV

$369

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$605 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MONTEREY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$799,500

$794,435

$885,000

$865,000

8.2%

Average Price per Square Foot ..............

$479

$469

$460

$500

4.4%

Properties Sold ...................................

26

15

23

19

-26.9%

Properties Pending Sale .......................

26

28

24

22

-15.4%

Properties For Sale ..............................

106

88

102

100

-5.7%

Days on Market (Pending Sale) .............

46

53

60

51

10.9%

Month’s Supply of Inventory .................

4.1

5.9

4.4

5.3

29.1%

Percent Under Contract .......................

24.5%

31.8%

23.5%

22.0%

-10.3%

$767,508

$872,750

$870,000

$846,457

10.3%

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 JUL

$799

AUG

$865,000

SEP OCT

MEDIAN SALES PRICE

NOV

$500

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$865 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


PACIFIC GROVE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$899,500

$944,500

$928,000

$1,101,000

22.4%

Average Price per Square Foot ..............

$584

$465

$734

$769

31.7%

Properties Sold ...................................

16

6

10

13

-18.8%

Properties Pending Sale .......................

14

11

17

12

-14.3%

Properties For Sale ..............................

54

36

52

50

-7.4%

Days on Market (Pending Sale) .............

92

20

65

27

-70.7%

Month’s Supply of Inventory .................

3.4

6

5.2

3.8

14.0%

Percent Under Contract .......................

25.9%

30.6%

32.7%

24.0%

-7.4%

$930,167

$944,333

$956,167

$936,731

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 JUL

$899

AUG

$1,101,000

SEP OCT

MEDIAN SALES PRICE

NOV

$769

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.101 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


PEBBLE BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,487,500

$2,700,000

$1,425,000

$1,875,000

26.1%

Average Price per Square Foot ..............

$758

$868

$800

$1,145

51.1%

Properties Sold ...................................

12

9

17

15

25.0%

Properties Pending Sale .......................

8

13

17

13

62.5%

Properties For Sale ..............................

93

73

82

83

-10.8%

Days on Market (Pending Sale) .............

85

144

87

96

12.9%

Month’s Supply of Inventory .................

7.8

8.1

4.8

5.5

-28.6%

Percent Under Contract .......................

8.6%

17.8%

20.7%

15.7%

82.1%

$1,719,667

$1,532,642

$1,621,117

$1,791,215

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 JUL

$1.487

AUG

$1,875,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,145

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.875 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SALINAS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$492,000

$485,000

$504,750

$529,500

7.6%

Average Price per Square Foot ..............

$308

$312

$311

$313

1.6%

Properties Sold ...................................

52

50

40

40

-23.1%

Properties Pending Sale .......................

60

44

71

70

16.7%

Properties For Sale ..............................

194

122

159

179

-7.7%

Days on Market (Pending Sale) .............

41

47

39

29

-29.3%

Month’s Supply of Inventory .................

3.7

2.4

4

4.5

19.9%

Percent Under Contract .......................

30.9%

36.1%

44.7%

39.1%

26.4%

$479,063

$510,500

$529,500

$497,329

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 JUL

$492

AUG

$529,500

SEP OCT

MEDIAN SALES PRICE

NOV

$313

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$529 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SEASIDE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$580,000

$549,000

$499,900

$575,000

-0.9%

Average Price per Square Foot ..............

$339

$401

$406

$402

18.6%

Properties Sold ...................................

7

12

13

19

171.4%

Properties Pending Sale .......................

21

12

14

18

-14.3%

Properties For Sale ..............................

60

39

41

40

-33.3%

Days on Market (Pending Sale) .............

22

63

28

24

9.1%

Month’s Supply of Inventory .................

8.6

3.2

3.2

2.1

-75.4%

Percent Under Contract .......................

35.0%

30.8%

34.1%

45.0%

28.6%

$491,292

$570,014

$557,295

$542,172

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 JUL

$580

AUG

$575,000

SEP OCT

MEDIAN SALES PRICE

NOV

$402

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$575 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 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 : July 2018


COUNTY: SAN DIEGO AREA: 4,526 SQ MILES FOUNDED: 1850

Micro Market Report : July 2018


SAN DIEGO COUNTY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$619,500

$595,000

$640,000

$657,000

6.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

2050

1316

1906

1989

-3.0%

Properties Pending Sale .......................

2286

1791

2285

2194

-4.0%

Properties For Sale ..............................

7,383

5,509

6,932

8,032

8.8%

Days on Market (Pending Sale) .............

35

38

31

36

2.9%

Month’s Supply of Inventory .................

3.6

4.2

3.6

4

12.1%

Percent Under Contract .......................

31.0%

32.5%

33.0%

27.3%

-11.8%

$582,748

$641,500

$654,000

$625,346

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 $619

JUL AUG

$657,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$657 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BAY PARK/OLD TOWN/MIDWAY DISTRICT

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$789,000

$799,762

$850,000

$910,000

15.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

9

10

15

9

0.0%

Properties Pending Sale .......................

9

12

10

16

77.8%

Properties For Sale ..............................

25

27

23

55

120.0%

Days on Market (Pending Sale) .............

42

25

18

29

-31.0%

Month’s Supply of Inventory .................

2.8

2.7

1.5

6.1

120.0%

Percent Under Contract .......................

36.0%

44.4%

43.5%

29.1%

-19.2%

$770,946

$872,625

$883,417

$858,243

10.2%

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 JUL

$789

AUG

$910,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$910 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CARLSBAD

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$903,556

$945,000

$985,000

$1,050,000

16.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

92

58

109

90

-2.2%

Properties Pending Sale .......................

99

67

95

104

5.1%

Properties For Sale ..............................

329

198

295

376

14.3%

Days on Market (Pending Sale) .............

32

30

30

35

9.4%

Month’s Supply of Inventory .................

3.6

3.4

2.7

4.2

16.8%

Percent Under Contract .......................

30.1%

33.8%

32.2%

27.7%

-8.1%

$900,755

$1,006,250

$1,028,167

$968,250

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 JUL

$903

AUG

$1,050,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CARMEL VALLEY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,315,000

$1,230,000

$1,350,000

$1,358,750

3.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

49

13

47

42

-14.3%

Properties Pending Sale .......................

41

24

61

57

39.0%

Properties For Sale ..............................

147

98

164

180

22.4%

Days on Market (Pending Sale) .............

45

29

25

31

-31.1%

Month’s Supply of Inventory .................

3

7.5

3.5

4.3

42.9%

Percent Under Contract .......................

27.9%

24.5%

37.2%

31.7%

13.5%

$1,212,208

$1,329,708

$1,345,417

$1,228,896

1.4%

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 $1.315

JUL AUG

$1,358,750

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.358 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CHULA VISTA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$564,750

$550,000

$549,000

$575,000

1.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

154

81

127

136

-11.7%

Properties Pending Sale .......................

150

128

151

151

0.7%

Properties For Sale ..............................

455

340

438

505

11.0%

Days on Market (Pending Sale) .............

32

32

30

35

9.4%

Month’s Supply of Inventory .................

3

4.2

3.4

3.7

25.7%

Percent Under Contract .......................

33.0%

37.6%

34.5%

29.9%

-9.3%

$526,981

$567,250

$573,667

$563,865

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 $564

JUL AUG

$575,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$575 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CLAIREMONT/BAY HO/BAY PARK

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$640,000

$692,444

$669,000

$690,000

7.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

41

19

35

36

-12.2%

Properties Pending Sale .......................

42

28

49

35

-16.7%

Properties For Sale ..............................

105

62

77

103

-1.9%

Days on Market (Pending Sale) .............

22

27

15

17

-22.7%

Month’s Supply of Inventory .................

2.6

3.3

2.2

2.9

11.7%

Percent Under Contract .......................

40.0%

45.2%

63.6%

34.0%

-15.0%

$621,129

$708,167

$695,833

$677,976

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 JUL

$640

AUG

$690,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$690 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CORONADO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,850,000

$2,337,500

$2,600,000

$2,550,000

37.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

18

14

9

14

-22.2%

Properties Pending Sale .......................

16

10

27

13

-18.8%

Properties For Sale ..............................

118

84

113

112

-5.1%

Days on Market (Pending Sale) .............

58

74

79

48

-17.2%

Month’s Supply of Inventory .................

6.6

6

12.6

8

22.0%

Percent Under Contract .......................

13.6%

11.9%

23.9%

11.6%

-14.4%

$1,707,813

$2,256,458

$2,186,667

$2,243,519

23.9%

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 JUL

$1.850

AUG

$2,550,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.550 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


DEL MAR

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,535,000

$1,895,000

$2,200,000

$1,950,000

27.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

8

17

17

12

50.0%

Properties Pending Sale .......................

17

19

16

4

-76.5%

Properties For Sale ..............................

127

87

90

90

-29.1%

Days on Market (Pending Sale) .............

52

49

46

116

123.1%

Month’s Supply of Inventory .................

15.9

5.1

5.3

7.5

-52.8%

Percent Under Contract .......................

13.4%

21.8%

17.8%

4.4%

-66.8%

$1,759,313

$2,074,833

$2,095,500

$2,023,048

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 JUL

$1.535

AUG

$1,950,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.950 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


EL CAJON

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$496,500

$490,000

$535,000

$580,500

16.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

88

77

105

96

9.1%

Properties Pending Sale .......................

120

99

95

107

-10.8%

Properties For Sale ..............................

319

262

307

378

18.5%

Days on Market (Pending Sale) .............

28

51

35

33

17.9%

Month’s Supply of Inventory .................

3.6

3.4

2.9

3.9

8.6%

Percent Under Contract .......................

37.6%

37.8%

30.9%

28.3%

-24.8%

$493,755

$541,667

$569,333

$526,881

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 JUL

$496

AUG

$580,500

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$580 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


ENCINITAS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,210,000

$1,180,000

$1,255,000

$1,215,250

0.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

35

18

25

44

25.7%

Properties Pending Sale .......................

48

39

30

44

-8.3%

Properties For Sale ..............................

157

112

124

155

-1.3%

Days on Market (Pending Sale) .............

37

41

27

47

27.0%

Month’s Supply of Inventory .................

4.5

6.2

5

3.5

-21.5%

Percent Under Contract .......................

30.6%

34.8%

24.2%

28.4%

-7.2%

$1,197,889

$1,372,625

$1,256,583

$1,293,865

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 JUL

$1.210

AUG

$1,215,250

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.215 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


ESCONDIDO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$532,000

$517,000

$558,900

$611,000

14.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

151

102

119

136

-9.9%

Properties Pending Sale .......................

165

123

158

133

-19.4%

Properties For Sale ..............................

551

377

458

545

-1.1%

Days on Market (Pending Sale) .............

29

46

29

40

37.9%

Month’s Supply of Inventory .................

3.6

3.7

3.8

4

9.8%

Percent Under Contract .......................

29.9%

32.6%

34.5%

24.4%

-18.5%

$518,208

$570,650

$586,833

$549,608

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 JUL

$532

AUG

$611,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$611 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


IMPERIAL-BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$545,000

$517,500

$620,000

$617,000

13.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

13

12

21

8

-38.5%

Properties Pending Sale .......................

18

11

16

17

-5.6%

Properties For Sale ..............................

40

42

56

46

15.0%

Days on Market (Pending Sale) .............

41

12

36

40

-2.4%

Month’s Supply of Inventory .................

3.1

3.5

2.7

5.8

86.9%

Percent Under Contract .......................

45.0%

26.2%

28.6%

37.0%

-17.9%

$550,406

$603,667

$612,333

$585,538

6.0%

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 JUL

$545

AUG

$617,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$617 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LA JOLLA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$2,332,500

$2,750,000

$2,377,500

$1,875,000

-19.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

20

17

31

29

45.0%

Properties Pending Sale .......................

24

16

41

36

50.0%

Properties For Sale ..............................

272

205

237

261

-4.0%

Days on Market (Pending Sale) .............

74

65

40

53

-28.4%

Month’s Supply of Inventory .................

13.6

12.1

7.6

9

-33.8%

Percent Under Contract .......................

8.8%

7.8%

17.3%

13.8%

56.3%

$2,023,167

$2,073,333

$1,914,500

$2,200,558

8.1%

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 JUL

$2.332

AUG

$1,875,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.875 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LA MESA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$575,388

$585,000

$600,000

$597,000

3.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

62

35

58

61

-1.6%

Properties Pending Sale .......................

69

56

69

47

-31.9%

Properties For Sale ..............................

163

151

183

191

17.2%

Days on Market (Pending Sale) .............

26

30

26

23

-11.5%

Month’s Supply of Inventory .................

2.4

2.7

2.7

3.1

32.5%

Percent Under Contract .......................

42.3%

37.1%

37.7%

24.6%

-41.9%

$544,616

$585,875

$584,417

$583,241

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 $575

JUL AUG

$597,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$597 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LINDA VISTA/CLAIREMONT MESA EAST

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$645,000

$622,500

$650,000

$629,000

-2.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

20

14

15

19

-5.0%

Properties Pending Sale .......................

17

16

24

20

17.6%

Properties For Sale ..............................

38

26

47

53

39.5%

Days on Market (Pending Sale) .............

29

22

9

13

-55.2%

Month’s Supply of Inventory .................

2.2

1.6

2

2.8

24.8%

Percent Under Contract .......................

44.7%

61.5%

51.1%

37.7%

-15.6%

$569,575

$638,354

$639,542

$628,183

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 $645

JUL AUG

$629,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$629 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LEMON GROVE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$452,500

$450,000

$485,000

$457,500

1.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

21

17

12

20

-4.8%

Properties Pending Sale .......................

22

25

33

20

-9.1%

Properties For Sale ..............................

54

45

57

50

-7.4%

Days on Market (Pending Sale) .............

48

28

26

24

-50.0%

Month’s Supply of Inventory .................

2.5

1.8

1.7

2.5

1.9%

Percent Under Contract .......................

40.7%

55.6%

57.9%

40.0%

-1.8%

$429,771

$463,750

$457,500

$453,038

5.1%

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 $452

JUL AUG

$457,500

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$457 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


NATIONAL CITY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$423,500

$460,000

$420,000

$455,000

7.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

18

9

13

11

-38.9%

Properties Pending Sale .......................

24

18

25

13

-45.8%

Properties For Sale ..............................

58

45

43

36

-37.9%

Days on Market (Pending Sale) .............

31

54

35

31

0.0%

Month’s Supply of Inventory .................

2.4

2.5

1.7

3.3

35.4%

Percent Under Contract .......................

41.4%

40.0%

58.1%

36.1%

-12.7%

$388,896

$430,000

$443,333

$431,112

9.8%

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 $423

JUL AUG

$455,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$455 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


OCEANSIDE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$559,000

$568,375

$565,000

$607,500

8.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

135

92

108

128

-5.2%

Properties Pending Sale .......................

159

112

132

123

-22.6%

Properties For Sale ..............................

380

251

351

385

1.3%

Days on Market (Pending Sale) .............

27

34

26

38

40.7%

Month’s Supply of Inventory .................

2.8

2.7

3.2

3

6.9%

Percent Under Contract .......................

41.8%

44.6%

37.6%

31.9%

-23.6%

$1,060,000

$575,750

$593,833

$565,744

-87.4%

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 JUL

$559

AUG

$607,500

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$607 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


POWAY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$793,000

$783,500

$825,000

$814,500

2.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

53

30

41

54

1.9%

Properties Pending Sale .......................

47

36

49

55

17.0%

Properties For Sale ..............................

177

101

144

178

0.6%

Days on Market (Pending Sale) .............

23

22

23

32

39.1%

Month’s Supply of Inventory .................

3.3

3.4

3.5

3.3

-1.3%

Percent Under Contract .......................

26.6%

35.6%

34.0%

30.9%

16.4%

$707,025

$777,500

$773,333

$763,535

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 $793

JUL AUG

$814,500

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$814 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


RANCHO BERNARDO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$887,062

$821,100

$815,000

$885,000

-0.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

116

57

91

95

-18.1%

Properties Pending Sale .......................

96

68

106

116

20.8%

Properties For Sale ..............................

276

209

314

388

40.6%

Days on Market (Pending Sale) .............

32

30

29

29

-9.4%

Month’s Supply of Inventory .................

4.2

4.3

5

4.1

-3.4%

Percent Under Contract .......................

34.8%

32.5%

33.8%

29.9%

-14.0%

$792,334

$849,500

$873,333

$852,282

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 $887

JUL AUG

$885,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$885 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SAN MARCOS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$649,000

$649,000

$707,000

$692,000

6.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

63

42

72

81

28.6%

Properties Pending Sale .......................

83

61

76

81

-2.4%

Properties For Sale ..............................

196

136

211

248

26.5%

Days on Market (Pending Sale) .............

28

39

25

29

3.6%

Month’s Supply of Inventory .................

3.1

3.2

2.9

3.1

-1.6%

Percent Under Contract .......................

42.3%

44.9%

36.0%

32.7%

-22.9%

$599,083

$664,803

$693,940

$652,025

8.1%

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 JUL

$649

AUG

$692,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$692 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SAN DIEGO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$647,000

$685,000

$673,000

$669,000

3.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

70

43

65

55

-21.4%

Properties Pending Sale .......................

68

56

83

55

-19.1%

Properties For Sale ..............................

168

115

147

157

-6.5%

Days on Market (Pending Sale) .............

27

25

13

16

-40.7%

Month’s Supply of Inventory .................

2.4

2.7

2.3

2.9

18.9%

Percent Under Contract .......................

40.5%

48.7%

56.5%

35.0%

-13.5%

$610,216

$682,917

$678,833

$667,162

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 $647

JUL AUG

$669,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$669 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SANTEE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$511,000

$530,000

$530,000

$560,000

9.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

47

29

38

44

-6.4%

Properties Pending Sale .......................

41

33

75

46

12.2%

Properties For Sale ..............................

92

80

144

127

38.0%

Days on Market (Pending Sale) .............

29

32

30

23

-20.7%

Month’s Supply of Inventory .................

2

2.8

3.8

2.9

47.5%

Percent Under Contract .......................

44.6%

41.2%

52.1%

36.2%

-18.7%

$485,617

$546,917

$556,500

$532,958

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 JUL

$511

AUG

$560,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$560 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SOLANA BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,362,500

$1,700,000

$1,649,000

$1,800,000

32.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

8

5

9

7

-12.5%

Properties Pending Sale .......................

10

7

7

11

10.0%

Properties For Sale ..............................

39

29

28

30

-23.1%

Days on Market (Pending Sale) .............

55

85

49

24

-56.4%

Month’s Supply of Inventory .................

4.9

5.8

3.1

4.3

-12.1%

Percent Under Contract .......................

25.6%

24.1%

25.0%

36.7%

43.0%

$1,593,583

$1,724,000

$1,949,167

$1,652,365

3.6%

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 JUL

$1.362

AUG

$1,800,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.800 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SPRING VALLEY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$440,000

$488,500

$505,000

$472,500

7.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

45

41

41

58

28.9%

Properties Pending Sale .......................

55

49

57

57

3.6%

Properties For Sale ..............................

141

113

151

153

8.5%

Days on Market (Pending Sale) .............

25

30

25

30

20.0%

Month’s Supply of Inventory .................

3.1

2.8

3.7

2.6

-15.8%

Percent Under Contract .......................

39.0%

43.4%

37.7%

37.3%

-4.5%

$441,850

$490,000

$480,833

$476,115

7.2%

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 JUL

$440

AUG

$472,500

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$472 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


VISTA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$519,000

$560,000

$560,000

$560,000

7.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

75

43

62

70

-6.7%

Properties Pending Sale .......................

91

61

78

77

-15.4%

Properties For Sale ..............................

255

183

233

277

8.6%

Days on Market (Pending Sale) .............

34

29

24

33

-2.9%

Month’s Supply of Inventory .................

3.4

4.3

3.8

4

16.4%

Percent Under Contract .......................

35.7%

33.3%

33.5%

27.8%

-22.1%

$507,083

$554,421

$556,675

$549,987

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 JUL

$519

AUG

$560,000

SEP OCT

MEDIAN SALES PRICE

NOV

N/A

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$560 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 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 : July 2018


COUNTY: RIVERSIDE AREA: 7,303 SQ MILES FOUNDED: 1893

Micro Market Report : July 2018


BERMUDA DUNES

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$510,000

$337,912

$440,000

$0

-100.0%

Average Price per Square Foot ..............

$132

$155

$228

$0

-100.0%

Properties Sold ...................................

1

2

2

0

-100.0%

Properties Pending Sale .......................

0

0

0

2

n/a

Properties For Sale ..............................

13

10

7

6

-53.8%

Days on Market (Pending Sale) .............

0

0

0

86

n/a

Month’s Supply of Inventory .................

13

5

3.5

n/a

n/a

Percent Under Contract .......................

0.0%

0.0%

0.0%

33.3%

n/a

$343,625

$429,750

$394,500

$449,691

23.6%

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 JUL

$510

AUG

NO SALES

SEP OCT

MEDIAN SALES PRICE

NOV

NO SALES

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

N/A MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CATHEDRAL CITY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$315,000

$326,000

$327,500

$359,500

14.1%

Average Price per Square Foot ..............

$174

$198

$194

$186

6.9%

Properties Sold ...................................

28

20

30

23

-17.9%

Properties Pending Sale .......................

34

35

23

26

-23.5%

Properties For Sale ..............................

107

122

100

89

-16.8%

Days on Market (Pending Sale) .............

53

48

48

38

-28.3%

Month’s Supply of Inventory .................

3.8

6.1

3.3

3.9

1.3%

Percent Under Contract .......................

31.8%

28.7%

23.0%

29.2%

-8.1%

$283,638

$322,333

$323,167

$315,535

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 JUL

$315

AUG

$359,500

SEP OCT

MEDIAN SALES PRICE

NOV

$186

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$359 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


COACHELLA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$259,950

$272,000

$263,000

$129,000

-50.4%

Average Price per Square Foot ..............

$133

$122

$137

$108

-18.8%

Properties Sold ...................................

4

2

5

1

-75.0%

Properties Pending Sale .......................

3

5

3

3

0.0%

Properties For Sale ..............................

12

19

12

15

25.0%

Days on Market (Pending Sale) .............

30

25

66

28

-6.7%

Month’s Supply of Inventory .................

3

9.5

2.4

15

400.0%

Percent Under Contract .......................

25.0%

26.3%

25.0%

20.0%

-20.0%

$216,033

$231,500

$208,000

$240,146

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 $259

JUL AUG

$129,000

SEP OCT

MEDIAN SALES PRICE

NOV

$108

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

15 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$129 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


DESERT HOT SPRINGS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$205,500

$226,000

$208,500

$220,000

7.1%

Average Price per Square Foot ..............

$129

$127

$132

$134

3.9%

Properties Sold ...................................

16

30

32

28

75.0%

Properties Pending Sale .......................

34

31

41

39

14.7%

Properties For Sale ..............................

185

169

156

134

-27.6%

Days on Market (Pending Sale) .............

62

87

54

81

30.6%

Month’s Supply of Inventory .................

11.6

5.6

4.9

4.8

-58.6%

Percent Under Contract .......................

18.4%

18.3%

26.3%

29.1%

58.4%

$186,983

$217,492

$220,817

$215,892

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 JUL

$205

AUG

$220,000

SEP OCT

MEDIAN SALES PRICE

NOV

$134

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$220 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


INDIAN WELLS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$0

$1,190,000

$410,000

$530,000

n/a

Average Price per Square Foot ..............

$0

$269

$146

$250

n/a

Properties Sold ...................................

0

4

1

1

n/a

Properties Pending Sale .......................

0

1

1

1

n/a

Properties For Sale ..............................

11

13

15

13

18.2%

Days on Market (Pending Sale) .............

0

57

11

11

n/a

Month’s Supply of Inventory .................

n/a

3.2

15

13

n/a

Percent Under Contract .......................

0.0%

7.7%

6.7%

7.7%

n/a

$614,479

$545,800

$616,333

$699,833

12.2%

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 JUL AUG

$530,000

SEP OCT

MEDIAN SALES PRICE

NOV

$250

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

13 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$530 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


INDIO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$281,000

$297,500

$294,500

$333,995

18.9%

Average Price per Square Foot ..............

$136

$167

$158

$173

27.2%

Properties Sold ...................................

17

22

18

16

-5.9%

Properties Pending Sale .......................

24

22

18

20

-16.7%

Properties For Sale ..............................

93

96

89

85

-8.6%

Days on Market (Pending Sale) .............

60

56

73

68

13.3%

Month’s Supply of Inventory .................

5.5

4.4

4.9

5.3

-2.9%

Percent Under Contract .......................

25.8%

22.9%

20.2%

23.5%

-8.8%

$289,830

$304,693

$316,970

$293,147

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 JUL

$281

AUG

$333,995

SEP OCT

MEDIAN SALES PRICE

NOV

$173

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$333 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


LA QUINTA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$310,000

$370,000

$385,000

$355,000

14.5%

Average Price per Square Foot ..............

$225

$196

$216

$202

-10.2%

Properties Sold ...................................

9

7

12

15

66.7%

Properties Pending Sale .......................

8

8

10

18

125.0%

Properties For Sale ..............................

82

76

79

86

4.9%

Days on Market (Pending Sale) .............

87

54

64

55

-36.8%

Month’s Supply of Inventory .................

9.1

10.9

6.6

5.7

-37.1%

Percent Under Contract .......................

9.8%

10.5%

12.7%

20.9%

114.5%

$352,598

$389,392

$402,817

$375,085

6.0%

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 JUL

$310

AUG

$355,000

SEP OCT

MEDIAN SALES PRICE

NOV

$202

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$355 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


PALM DESERT

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$365,000

$508,900

$395,000

$383,750

5.1%

Average Price per Square Foot ..............

$204

$229

$217

$203

-0.5%

Properties Sold ...................................

17

13

27

26

52.9%

Properties Pending Sale .......................

20

21

22

14

-30.0%

Properties For Sale ..............................

80

118

110

82

2.5%

Days on Market (Pending Sale) .............

68

59

55

42

-38.2%

Month’s Supply of Inventory .................

4.7

9.1

4.1

3.2

-33.0%

Percent Under Contract .......................

25.0%

17.8%

20.0%

17.1%

-31.7%

$344,638

$367,958

$377,583

$377,665

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 JUL

$365

AUG

$383,750

SEP OCT

MEDIAN SALES PRICE

NOV

$203

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$383 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


PALM SPRINGS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$623,000

$649,250

$665,000

$612,500

-1.7%

Average Price per Square Foot ..............

$337

$330

$398

$354

5.0%

Properties Sold ...................................

61

54

89

74

21.3%

Properties Pending Sale .......................

65

72

96

79

21.5%

Properties For Sale ..............................

378

421

445

364

-3.7%

Days on Market (Pending Sale) .............

81

67

72

70

-13.6%

Month’s Supply of Inventory .................

6.2

7.8

5

4.9

-20.6%

Percent Under Contract .......................

17.2%

17.1%

21.6%

21.7%

26.2%

$589,663

$641,000

$621,667

$629,896

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 JUL

$623

AUG

$612,500

SEP OCT

MEDIAN SALES PRICE

NOV

$354

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$612 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


RANCHO MIRAGE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$539,000

$552,750

$625,000

$485,000

-10.0%

Average Price per Square Foot ..............

$186

$322

$253

$217

16.7%

Properties Sold ...................................

15

12

23

11

-26.7%

Properties Pending Sale .......................

22

23

17

15

-31.8%

Properties For Sale ..............................

123

142

129

105

-14.6%

Days on Market (Pending Sale) .............

71

67

62

84

18.3%

Month’s Supply of Inventory .................

8.2

11.8

5.6

9.5

16.4%

Percent Under Contract .......................

17.9%

16.2%

13.2%

14.3%

-20.1%

$530,833

$592,500

$567,500

$576,481

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 JUL

$539

AUG

$485,000

SEP OCT

MEDIAN SALES PRICE

NOV

$217

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

9.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$485 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


THOUSAND PALMS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$0

$500,000

$280,250

$235,000

n/a

Average Price per Square Foot ..............

$0

$133

$162

$172

n/a

Properties Sold ...................................

0

1

2

1

n/a

Properties Pending Sale .......................

1

1

1

2

100.0%

Properties For Sale ..............................

10

8

12

12

20.0%

Days on Market (Pending Sale) .............

23

13

40

114

395.7%

Month’s Supply of Inventory .................

10

8

12

12

20.0%

Percent Under Contract .......................

10.0%

12.5%

8.3%

16.7%

66.7%

Average Median Price for Last 12 Months

$83,748

$250,708

$268,333

$299,375

72.0%

*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 JUL AUG

$235,000

SEP OCT

MEDIAN SALES PRICE

NOV

$172

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

12 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$235 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 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 : July 2018


COUNTY: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : July 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$742,509

$455,000

$775,000

$850,000

14.5%

Average Price per Square Foot ..............

$591

$948

$625

$623

5.4%

Properties Sold ...................................

8

1

11

5

-37.5%

Properties Pending Sale .......................

15

3

6

13

-13.3%

Properties For Sale ..............................

37

16

21

33

-10.8%

Days on Market (Pending Sale) .............

32

7

21

34

6.2%

Month’s Supply of Inventory .................

4.6

16

1.9

6.6

42.7%

Percent Under Contract .......................

40.5%

18.8%

28.6%

39.4%

-2.8%

$738,084

$839,667

$885,333

$783,116

6.1%

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 JUL

$742

AUG

$850,000

SEP OCT

MEDIAN SALES PRICE

NOV

$623

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$850 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BEVERLY HILLS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,392,500

$1,100,000

$1,279,000

$1,188,000

-14.7%

Average Price per Square Foot ..............

$730

$639

$783

$1,199

64.2%

Properties Sold ...................................

8

3

6

8

0.0%

Properties Pending Sale .......................

13

13

10

7

-46.2%

Properties For Sale ..............................

74

42

37

56

-24.3%

Days on Market (Pending Sale) .............

51

44

20

53

3.9%

Month’s Supply of Inventory .................

9.2

14

6.2

7

-24.3%

Percent Under Contract .......................

17.6%

31.0%

27.0%

12.5%

-28.8%

$1,283,708

$1,239,177

$1,192,021

$1,232,885

-4.0%

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 $1.392

JUL AUG

$1,188,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,199

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.188 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


BRENTWOOD

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$762,500

$765,000

$1,042,500

$1,100,000

44.3%

Average Price per Square Foot ..............

$716

$655

$656

$696

-2.8%

Properties Sold ...................................

14

10

14

21

50.0%

Properties Pending Sale .......................

12

7

16

18

50.0%

Properties For Sale ..............................

56

36

55

61

8.9%

Days on Market (Pending Sale) .............

37

24

22

30

-18.9%

Month’s Supply of Inventory .................

4

3.6

3.9

2.9

-27.4%

Percent Under Contract .......................

21.4%

19.4%

29.1%

29.5%

37.7%

$850,421

$965,558

$998,450

$918,950

8.1%

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 JUL

$762

AUG

$1,100,000

SEP OCT

MEDIAN SALES PRICE

NOV

$696

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.100 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


CULVER CITY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$541,000

$522,500

$530,000

$567,500

4.9%

Average Price per Square Foot ..............

$598

$518

$556

$569

-4.8%

Properties Sold ...................................

15

14

11

14

-6.7%

Properties Pending Sale .......................

9

9

11

19

111.1%

Properties For Sale ..............................

23

18

23

45

95.7%

Days on Market (Pending Sale) .............

24

16

21

16

-33.3%

Month’s Supply of Inventory .................

1.5

1.3

2.1

3.2

109.6%

Percent Under Contract .......................

39.1%

50.0%

47.8%

42.2%

7.9%

$492,631

$577,875

$580,000

$556,327

12.9%

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 JUL

$541

AUG

$567,500

SEP OCT

MEDIAN SALES PRICE

NOV

$569

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$567 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


DOWNTOWN

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$703,250

$670,000

$598,000

$640,000

-9.0%

Average Price per Square Foot ..............

$713

$669

$638

$706

-1.0%

Properties Sold ...................................

42

29

39

38

-9.5%

Properties Pending Sale .......................

47

44

45

31

-34.0%

Properties For Sale ..............................

245

187

182

199

-18.8%

Days on Market (Pending Sale) .............

51

65

36

49

-3.9%

Month’s Supply of Inventory .................

5.8

6.4

4.7

5.2

-10.2%

Percent Under Contract .......................

19.2%

23.5%

24.7%

15.6%

-18.8%

$588,271

$636,542

$667,167

$641,423

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 $703

JUL AUG

$640,000

SEP OCT

MEDIAN SALES PRICE

NOV

$706

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$640 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


ENCINO

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$389,000

$390,000

$390,000

$388,000

-0.3%

Average Price per Square Foot ..............

$372

$371

$405

$381

2.4%

Properties Sold ...................................

20

15

11

12

-40.0%

Properties Pending Sale .......................

20

17

18

16

-20.0%

Properties For Sale ..............................

30

18

20

27

-10.0%

Days on Market (Pending Sale) .............

49

47

41

56

14.3%

Month’s Supply of Inventory .................

1.5

1.2

1.8

2.2

50.0%

Percent Under Contract .......................

66.7%

94.4%

90.0%

59.3%

-11.1%

$356,500

$419,167

$374,667

$391,923

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 JUL

$389

AUG

$388,000

SEP OCT

MEDIAN SALES PRICE

NOV

$381

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$388 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MALIBU

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$875,000

$1,210,000

$0

$1,025,000

17.1%

Average Price per Square Foot ..............

$723

$676

$0

$649

-10.2%

Properties Sold ...................................

4

1

0

3

-25.0%

Properties Pending Sale .......................

3

4

0

3

0.0%

Properties For Sale ..............................

17

20

19

28

64.7%

Days on Market (Pending Sale) .............

87

26

0

31

-64.4%

Month’s Supply of Inventory .................

4.2

20

n/a

0.9

-78.7%

Percent Under Contract .......................

17.6%

20.0%

0.0%

10.7%

-39.3%

$776,583

$896,250

$830,000

$949,722

22.3%

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 JUL

$875

AUG

$1,025,000

SEP OCT

MEDIAN SALES PRICE

NOV

$649

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

0.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.025 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MALIBU BEACH

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$725,000

$0

$780,000

$1,125,000

55.2%

Average Price per Square Foot ..............

$1,058

$0

$1,496

$1,672

58.0%

Properties Sold ...................................

2

0

3

2

0.0%

Properties Pending Sale .......................

0

0

3

5

n/a

Properties For Sale ..............................

11

13

16

19

72.7%

Days on Market (Pending Sale) .............

0

0

124

91

n/a

Month’s Supply of Inventory .................

5.5

n/a

5.3

0.2

-96.2%

Percent Under Contract .......................

0.0%

0.0%

18.8%

26.3%

n/a

$890,667

$1,016,042

$1,085,417

$1,125,267

26.3%

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 JUL

$725

AUG

$1,125,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,672

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

0.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.125 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


MARINA DEL REY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,000,000

$1,000,000

$1,077,500

$1,065,000

6.5%

Average Price per Square Foot ..............

$692

$762

$683

$752

8.7%

Properties Sold ...................................

19

17

12

20

5.3%

Properties Pending Sale .......................

16

22

21

23

43.8%

Properties For Sale ..............................

100

78

84

103

3.0%

Days on Market (Pending Sale) .............

61

34

42

39

-36.1%

Month’s Supply of Inventory .................

5.3

4.6

7

5.2

-2.1%

Percent Under Contract .......................

16.0%

28.2%

25.0%

22.3%

39.6%

$918,470

$1,040,417

$1,083,333

$979,346

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 JUL

$1.000

AUG

$1,065,000

SEP OCT

MEDIAN SALES PRICE

NOV

$752

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.065 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SANTA MONICA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$900,000

$1,211,000

$1,007,000

$1,080,000

20.0%

Average Price per Square Foot ..............

$987

$997

$977

$982

-0.5%

Properties Sold ...................................

19

15

34

29

52.6%

Properties Pending Sale .......................

39

26

39

19

-51.3%

Properties For Sale ..............................

105

96

124

105

0.0%

Days on Market (Pending Sale) .............

26

41

24

24

-7.7%

Month’s Supply of Inventory .................

5.5

6.4

3.6

3.6

-34.5%

Percent Under Contract .......................

37.1%

27.1%

31.5%

18.1%

-51.3%

$910,563

$1,084,583

$1,105,000

$1,060,115

16.4%

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 JUL

$900

AUG

$1,080,000

SEP OCT

MEDIAN SALES PRICE

NOV

$982

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.080 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


SHERMAN OAKS

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$508,000

$486,000

$552,000

$528,000

3.9%

Average Price per Square Foot ..............

$372

$420

$437

$418

12.4%

Properties Sold ...................................

23

14

17

21

-8.7%

Properties Pending Sale .......................

32

18

21

24

-25.0%

Properties For Sale ..............................

24

14

23

45

87.5%

Days on Market (Pending Sale) .............

58

41

31

46

-20.7%

Month’s Supply of Inventory .................

1

1

1.4

2.1

105.4%

Percent Under Contract .......................

133.3%

128.6%

91.3%

53.3%

-60.0%

Average Median Price for Last 12 Months

$467,417

$553,167

$545,667

$530,923

13.6%

*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 JUL

$508

AUG

$528,000

SEP OCT

MEDIAN SALES PRICE

NOV

$418

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$528 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


STUDIO CITY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$715,000

$625,000

$725,000

$665,000

-7.0%

Average Price per Square Foot ..............

$480

$485

$507

$504

5.0%

Properties Sold ...................................

19

11

5

10

-47.4%

Properties Pending Sale .......................

21

7

8

10

-52.4%

Properties For Sale ..............................

21

10

8

14

-33.3%

Days on Market (Pending Sale) .............

50

52

51

40

-20.0%

Month’s Supply of Inventory .................

1.1

0.9

1.6

1.4

26.7%

Percent Under Contract .......................

100.0%

70.0%

100.0%

71.4%

-28.6%

Average Median Price for Last 12 Months

$599,833

$670,167

$681,000

$685,462

14.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUL

$715

AUG

$665,000

SEP OCT

MEDIAN SALES PRICE

NOV

$504

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$665 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


VENICE

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$1,243,500

$1,240,000

$1,710,000

$2,050,000

64.9%

Average Price per Square Foot ..............

$1,288

$963

$932

$1,247

-3.2%

Properties Sold ...................................

2

3

1

1

-50.0%

Properties Pending Sale .......................

1

3

1

3

200.0%

Properties For Sale ..............................

18

13

12

14

-22.2%

Days on Market (Pending Sale) .............

63

362

166

39

-38.1%

Month’s Supply of Inventory .................

9

4.3

12

14

55.6%

Percent Under Contract .......................

5.6%

23.1%

8.3%

21.4%

285.7%

$1,069,292

$1,755,250

$1,847,083

$1,457,250

36.3%

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 JUL

$1.243

AUG

$2,050,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,247

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

14 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WEST HOLLYWOOD

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$684,500

$805,000

$798,000

$780,000

14.0%

Average Price per Square Foot ..............

$642

$685

$785

$734

14.3%

Properties Sold ...................................

26

17

28

35

34.6%

Properties Pending Sale .......................

36

19

30

27

-25.0%

Properties For Sale ..............................

132

78

99

117

-11.4%

Days on Market (Pending Sale) .............

34

44

22

32

-5.9%

Month’s Supply of Inventory .................

5.1

4.6

3.5

3.3

-34.2%

Percent Under Contract .......................

27.3%

24.4%

30.3%

23.1%

-15.4%

$682,083

$746,250

$786,167

$735,627

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 JUL

$684

AUG

$780,000

SEP OCT

MEDIAN SALES PRICE

NOV

$734

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$780 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WEST LA

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$700,000

$930,000

$928,098

$860,000

22.9%

Average Price per Square Foot ..............

$596

$624

$660

$650

9.1%

Properties Sold ...................................

13

5

10

13

0.0%

Properties Pending Sale .......................

13

7

9

15

15.4%

Properties For Sale ..............................

31

20

30

36

16.1%

Days on Market (Pending Sale) .............

21

26

12

32

52.4%

Month’s Supply of Inventory .................

2.4

4

3

2.8

16.1%

Percent Under Contract .......................

41.9%

35.0%

30.0%

41.7%

-0.6%

$770,196

$898,433

$860,167

$850,982

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 JUL

$700

AUG

$860,000

SEP OCT

MEDIAN SALES PRICE

NOV

$650

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$860 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018


WESTWOOD - CENTURY CITY

DATA*

Jul 2017

6 MONTH

3 MONTH

Jul 2018

% CHANGE

Median Price ......................................

$897,500

$1,070,000

$1,004,375

$896,000

-0.2%

Average Price per Square Foot ..............

$680

$774

$752

$741

9.0%

Properties Sold ...................................

42

31

46

49

16.7%

Properties Pending Sale .......................

35

41

41

45

28.6%

Properties For Sale ..............................

196

175

192

225

14.8%

Days on Market (Pending Sale) .............

55

49

26

34

-38.2%

Month’s Supply of Inventory .................

4.7

5.6

4.2

4.6

-1.6%

Percent Under Contract .......................

17.9%

23.4%

21.4%

20.0%

12.0%

$860,354

$984,896

$999,500

$948,452

10.2%

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 JUL

$897

AUG

$896,000

SEP OCT

MEDIAN SALES PRICE

NOV

$741

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$896 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : July 2018



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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH July 2018 /

Los Angeles, Orange, Santa Barbara, Monterey, Riverside, San Diego


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