June 2016 Micro Market Report | Teles Properties

micro market report luxury real estate market research June 2016 | LOS ANGELES, ORANGE, SANTA BARBARA, MONTEREY, SAN DIEGO

Navigating Solutions. At Riviera Financial, the business of real estate finance is about much more than loans. It is about offering diverse and competitive products; advising borrowers to make informed choices to support and protect their security; providing extraordinarily thorough customer care; and navigating solutions. Our customers expect and deserve the highest level of service and performance in all of their borrowing activities. When it comes to dedicated, comprehensive real estate finance, Riviera Financial delivers.

Get the full lending experience at rivierafinancial.com or contact a loan professional by calling 424.203.1850

r i v i e r a f i n a n c i a l . c o m 4 Locations to Serve You | Beverly Hills, Brentwood, Newport Beach & Pasadena Riviera Financial dba Mortgage Capital Partners, Inc. NMLS#239902 California Real Estate #00931610

Reading the Report

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

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

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

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

MEDIAN PRICE:

DAYS OF MARKET (PENDING SALE):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

It can be interpreted like an average, however the extreme prices (high and

MONTH’S SUPPLY OF INVENTORY:

low) don’t hold undue influence.

The number of months it would take to sell all the properties listed for sale at

AVERAGE PRICE PER SQUARE FOOT:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

PERCENT UNDER CONTRACT:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

PROPERTIES SOLD:

The number of property transactions

AVERAGE MEDIAN PRICE FOR LAST 12:

that closed and transferred ownership.

The Average Median Price for the Last 12 Months is sales data from 12 months

PROPERTIES PENDING SALE:

The number of properties that entered escrow in preparation for sale. PROPERTIES FOR SALE:

The number of properties on the market and seeking buyers.

ending in the identified month.

Los Angeles County

Los Angeles County Macro

Mid Los Angeles

Palos Verdes Estates

North Hollywood

Bel Air - Holmby Hills

Mid Wilshire

Rancho Palos Verdes

Shadow Hills

Beverly Center - Miracle Mile

Pacific Palisades

Redondo Beach - North

Sherman Oaks

Beverly Hills

Palms - Mar Vista

Redondo Beach - South

Studio City

Beverly Hills P.O.

Playa del Rey

Rolling Hills

Sun Valley

Beverlywood

Playa Vista

Rolling Hills Estates

Sunland - Tujunga

Brentwood

Santa Monica

San Pedro

Tarzana

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Torrance - County Strip

Toluca Lake

Culver City

Venice

Torrance - North

Valley Village

Hancock Park - Wilshire

West Hollywood

Torrance - Southeast

Woodland Hills

Hollywood

West Los Angeles

Torrance - South

San Gabriel Valley Macro

Hollywood Hills East

Westchester

Torrance - West

Altadena

Laurel Canyon

Westwood - Century City

San Fernando Macro

Arcadia

Los Feliz

South Bay Macro

Burbank

Duarte

Malibu

El Segundo

Encino

Eagle Rock

Malibu Beach

Hermosa Beach

Glendale

La Canada Flintridge

Marina del Rey

Manhattan Beach

La Crescenta

Monrovia

Micro Market Report : June 2016

telesproperties.com

County: LOS ANGELES Area: 4,752 SQ MILES Founded: 1850

Pasadena San Gabriel San Marino Sierra Madre South Pasadena

Micro Market Report : June 2016

telesproperties.com

Los Angeles County DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$550,000

$548,000

$560,000

$599,999

9.1%

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

$439

$424

$439

$450

2.5%

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

3697

4358

3999

4800

29.8%

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

4421

3349

5241

5107

15.5%

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

17,472

15,043

17,314

18,683

6.9%

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

39

53

42

40

2.6%

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

4.7

3.5

4.3

3.9

-17.6%

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

25.3%

22.3%

30.3%

27.3%

8.0%

Average Median Price for Last 12 Months ........

$525,897

$566,625

$586,666

$555,133

5.3%

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

current market snapshot JUN

$550

JUL

$599,999

AUG SEP

MEDIAN SALES PRICE

OCT

$450

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$599 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Bel-Air Holmby Hills DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$2,418,750

$2,250,000

$2,107,500

$3,030,000

25.3%

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

$973

$904

$882

$1,134

16.5%

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

20

7

8

13

-35.0%

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

20

6

11

12

-40.0%

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

140

100

126

161

15.0%

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

82

132

37

49

-40.2%

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

7

14.3

15.8

12.4

76.9%

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

14.3%

6.0%

8.7%

7.5%

-47.8%

Average Median Price for Last 12 Months ........

$2,206,938

$2,252,417

$2,318,333

$2,252,135

2.0%

*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 JUN

$2.418

JUL

$3,030,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,134

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

12.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$3.030 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Beverly Center - Miracle Mile DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,520,000

$1,150,000

$1,425,500

$1,550,000

2.0%

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

$634

$689

$717

$764

20.5%

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

20

13

16

18

-10.0%

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

23

10

22

21

-8.7%

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

79

62

87

90

13.9%

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

54

52

27

46

-14.8%

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

4

4.8

5.4

5

26.6%

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

29.1%

16.1%

25.3%

23.3%

-19.9%

Average Median Price for Last 12 Months ........

$1,391,275

$1,441,958

$1,401,667

$1,476,942

5.8%

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

current market snapshot JUN

$1.520

JUL

$1,550,000

AUG SEP

MEDIAN SALES PRICE

OCT

$764

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.550 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Beverly Hills DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$6,487,500

$6,172,000

$3,995,000

$6,537,500

0.8%

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

$1,425

$1,496

$1,243

$1,376

-3.4%

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

22

16

15

14

-36.4%

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

15

15

10

22

46.7%

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

96

107

117

135

40.6%

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

65

81

82

54

-16.9%

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

4.4

6.7

7.8

9.6

121.0%

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

15.6%

14.0%

8.5%

16.3%

4.3%

Average Median Price for Last 12 Months ........

$4,655,708

$4,746,250

$4,469,167

$5,011,683

7.1%

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

current market snapshot JUN

$6.487

JUL

$6,537,500

AUG SEP

MEDIAN SALES PRICE

OCT

$1,376

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$6.537 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Beverly Hills- Post Office DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$3,695,000

$2,577,500

$1,905,000

$2,307,500

-37.6%

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

$881

$889

$708

$749

-15.0%

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

19

14

10

14

-26.3%

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

20

9

15

14

-30.0%

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

152

141

141

186

22.4%

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

74

70

59

63

-14.9%

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

8

10.1

14.1

13.3

66.1%

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

13.2%

6.4%

10.6%

7.5%

-42.8%

Average Median Price for Last 12 Months ........

$2,602,125

$2,643,750

$2,345,833

$2,731,000

4.7%

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

current market snapshot $3.695

JUN JUL

$2,307,500

AUG SEP

MEDIAN SALES PRICE

OCT

$749

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

13.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.307 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Beverlywood DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,228,500

$825,500

$1,330,088

$1,155,026

-6.0%

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

$632

$641

$637

$637

0.8%

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

18

18

18

23

27.8%

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

21

16

19

24

14.3%

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

59

55

66

85

44.1%

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

28

42

36

47

67.9%

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

3.3

3.1

3.7

3.7

12.7%

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

35.6%

29.1%

28.8%

28.2%

-20.7%

Average Median Price for Last 12 Months ........

$946,427

$1,223,352

$1,215,009

$1,156,201

18.1%

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

current market snapshot JUN

$1.228

JUL

$1,155,026

AUG SEP

MEDIAN SALES PRICE

OCT

$637

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.155 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Brentwood DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$2,825,000

$4,500,000

$2,720,000

$2,895,000

2.5%

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

$998

$1,196

$894

$937

-6.1%

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

21

15

15

23

9.5%

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

27

17

32

27

0.0%

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

144

114

156

166

15.3%

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

56

67

59

68

21.4%

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

6.9

7.6

10.4

7.2

5.3%

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

18.8%

14.9%

20.5%

16.3%

-13.3%

Average Median Price for Last 12 Months ........

$2,736,395

$2,783,958

$3,039,167

$2,926,644

6.5%

*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 JUN

$2.825

JUL

$2,895,000

AUG SEP

MEDIAN SALES PRICE

OCT

$937

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.895 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Cheviot Hills - Rancho Park DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,849,000

$1,162,300

$1,697,500

$1,475,000

-20.2%

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

$731

$783

$741

$792

8.3%

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

8

5

8

7

-12.5%

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

8

3

8

11

37.5%

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

25

25

31

34

36.0%

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

34

137

46

60

76.5%

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

3.1

5

3.9

4.9

55.4%

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

32.0%

12.0%

25.8%

32.4%

1.1%

Average Median Price for Last 12 Months ........

$1,606,458

$1,919,222

$2,198,333

$1,828,516

12.1%

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

current market snapshot JUN

$1.849

JUL

$1,475,000

AUG SEP

MEDIAN SALES PRICE

OCT

$792

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Culver City DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,038,000

$1,012,500

$1,098,000

$1,220,000

17.5%

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

$610

$678

$678

$728

19.3%

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

18

26

15

27

50.0%

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

28

12

22

33

17.9%

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

76

50

64

73

-3.9%

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

38

60

18

31

-18.4%

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

4.2

1.9

4.3

2.7

-36.0%

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

36.8%

24.0%

34.4%

45.2%

22.7%

Average Median Price for Last 12 Months ........

$920,827

$1,090,750

$1,159,667

$1,065,385

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 JUN

$1.038

JUL

$1,220,000

AUG SEP

MEDIAN SALES PRICE

OCT

$728

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.220 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Downtown DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$287,450

$332,392

$430,000

$430,000

49.6%

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

$182

$263

$300

$294

61.5%

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

8

10

3

10

25.0%

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

12

8

15

5

-58.3%

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

68

52

63

47

-30.9%

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

55

39

59

42

-23.6%

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

8.5

5.2

21

4.7

-44.7%

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

17.6%

15.4%

23.8%

10.6%

-39.7%

Average Median Price for Last 12 Months ........

$274,967

$338,271

$338,208

$315,099

12.7%

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

current market snapshot JUN

$287

JUL

$430,000

AUG SEP

MEDIAN SALES PRICE

OCT

$294

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$430 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Hancock Park - Wilshire DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,200,000

$1,630,000

$1,800,000

$1,545,000

28.7%

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

$703

$656

$726

$724

3.0%

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

24

17

19

24

0.0%

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

23

17

27

31

34.8%

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

136

107

119

124

-8.8%

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

64

83

38

45

-29.7%

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

5.7

6.3

6.3

5.2

-8.8%

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

16.9%

15.9%

22.7%

25.0%

47.8%

Average Median Price for Last 12 Months ........

$1,276,792

$1,552,906

$1,574,000

$1,472,264

13.3%

*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 JUN

$1.200

JUL

$1,545,000

AUG SEP

MEDIAN SALES PRICE

OCT

$724

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.545 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Hollywood DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$742,362

$852,500

$900,000

$899,000

21.1%

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

$569

$515

$622

$546

-4.0%

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

13

8

7

7

-46.2%

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

11

13

4

3

-72.7%

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

48

52

29

33

-31.2%

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

33

39

135

35

6.1%

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

3.7

6.5

4.1

4.7

27.7%

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

22.9%

25.0%

13.8%

9.1%

-60.3%

Average Median Price for Last 12 Months ........

$785,072

$1,110,333

$1,312,667

$954,901

17.8%

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

current market snapshot JUN

$742

JUL

$899,000

AUG SEP

MEDIAN SALES PRICE

OCT

$546

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$899 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Hollywood Hills East DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,298,500

$1,356,122

$1,125,000

$1,213,420

-6.6%

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

$613

$523

$598

$641

4.6%

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

14

10

9

16

14.3%

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

20

9

13

9

-55.0%

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

98

61

67

55

-43.9%

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

76

59

40

40

-47.4%

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

4.9

6.8

5.2

3.4

-29.8%

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

20.4%

14.8%

19.4%

16.4%

-19.8%

Average Median Price for Last 12 Months ........

$1,184,372

$1,251,084

$1,338,001

$1,242,586

4.7%

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

current market snapshot JUN

$1.298

JUL

$1,213,420

AUG SEP

MEDIAN SALES PRICE

OCT

$641

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.213 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Laurel Canyon DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,484,678

$1,480,000

$1,550,000

$1,499,999

1.0%

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

$746

$792

$726

$823

10.3%

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

41

31

33

21

-48.8%

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

37

26

18

28

-24.3%

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

162

130

131

171

5.6%

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

65

82

37

58

-10.8%

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

4.4

5

7.3

6.1

39.5%

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

22.8%

20.0%

13.7%

16.4%

-28.3%

Average Median Price for Last 12 Months ........

$1,452,182

$1,504,759

$1,487,500

$1,472,287

1.4%

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

current market snapshot JUN

$1.484

JUL

$1,499,999

AUG SEP

MEDIAN SALES PRICE

OCT

$823

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.499 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Los Feliz DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,376,250

$1,460,000

$2,029,250

$1,378,000

0.1%

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

$699

$611

$703

$728

4.1%

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

22

19

21

24

9.1%

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

18

12

22

22

22.2%

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

105

80

76

87

-17.1%

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

59

104

52

31

-47.5%

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

5.8

6.7

3.5

3.6

-37.9%

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

17.1%

15.0%

28.9%

25.3%

47.5%

Average Median Price for Last 12 Months ........

$1,337,371

$1,613,958

$1,462,667

$1,529,262

12.5%

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

current market snapshot JUN

$1.376

JUL

$1,378,000

AUG SEP

MEDIAN SALES PRICE

OCT

$728

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.378 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Malibu DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$3,150,000

$2,437,050

$2,400,000

$2,900,000

-7.9%

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

$931

$1,093

$738

$960

3.1%

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

18

22

17

13

-27.8%

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

11

12

21

11

0.0%

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

233

206

211

221

-5.2%

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

76

77

76

69

-9.2%

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

12.9

9.4

12.4

17

31.3%

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

4.7%

5.8%

10.0%

5.0%

5.4%

Average Median Price for Last 12 Months ........

$2,303,875

$2,420,000

$2,611,667

$2,447,049

5.9%

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

current market snapshot JUN

$3.150

JUL

$2,900,000

AUG SEP

MEDIAN SALES PRICE

OCT

$960

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

17 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Malibu Beach DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$3,150,000

$5,775,000

$7,300,000

$5,600,000

77.8%

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

$1,868

$2,265

$2,515

$3,242

73.6%

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

7

4

5

5

-28.6%

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

5

4

3

6

20.0%

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

85

75

81

98

15.3%

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

163

172

236

74

-54.6%

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

12.1

18.8

16.2

19.6

61.4%

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

5.9%

5.3%

3.7%

6.1%

4.1%

Average Median Price for Last 12 Months ........

$6,238,542

$8,174,583

$7,215,833

$7,118,462

12.4%

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

current market snapshot JUN

$3.150

JUL

$5,600,000

AUG SEP

MEDIAN SALES PRICE

OCT

$3,242

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

19.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$5.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Marina Del Rey DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,265,000

$1,821,000

$850,000

$1,302,500

3.0%

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

$817

$745

$799

$756

-7.5%

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

3

2

3

8

166.7%

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

3

3

7

3

0.0%

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

22

24

33

34

54.5%

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

50

69

35

66

32.0%

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

7.3

12

11

4.2

-42.0%

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

13.6%

12.5%

21.2%

8.8%

-35.3%

Average Median Price for Last 12 Months ........

$1,536,893

$1,178,667

$1,119,167

$1,389,481

-10.6%

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

current market snapshot JUN

$1.265

JUL

$1,302,500

AUG SEP

MEDIAN SALES PRICE

OCT

$756

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.302 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Mid Los Angeles DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$580,000

$593,056

$519,500

$550,688

-5.1%

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

$387

$365

$398

$360

-7.0%

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

35

42

32

44

25.7%

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

43

36

43

46

7.0%

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

156

148

135

140

-10.3%

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

52

37

56

38

-26.9%

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

4.5

3.5

4.2

3.2

-28.6%

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

27.6%

24.3%

31.9%

32.9%

19.2%

Average Median Price for Last 12 Months ........

$463,429

$571,948

$607,396

$561,403

17.5%

*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 JUN

$580

JUL

$550,688

AUG SEP

MEDIAN SALES PRICE

OCT

$360

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$550 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Mid Wilshire DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$750,000

$697,500

$737,500

$755,000

0.7%

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

$312

$322

$452

$383

22.8%

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

3

6

4

2

-33.3%

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

6

2

5

5

-16.7%

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

29

21

24

17

-41.4%

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

45

96

109

40

-11.1%

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

9.7

3.5

6

8.5

-12.1%

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

20.7%

9.5%

20.8%

29.4%

42.2%

Average Median Price for Last 12 Months ........

$627,600

$760,167

$749,667

$775,750

19.1%

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

current market snapshot JUN

$750

JUL

$755,000

AUG SEP

MEDIAN SALES PRICE

OCT

$383

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$755 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Pacific Palisades DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$2,547,500

$3,136,625

$2,757,000

$2,715,000

6.6%

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

$921

$950

$931

$986

7.1%

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

30

24

24

31

3.3%

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

30

10

20

27

-10.0%

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

146

117

130

157

7.5%

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

53

66

58

45

-15.1%

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

4.9

4.9

5.4

5.1

4.1%

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

20.5%

8.5%

15.4%

17.2%

-16.3%

Average Median Price for Last 12 Months ........

$2,598,656

$2,610,625

$2,451,500

$2,733,606

4.9%

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

current market snapshot JUN

$2.547

JUL

$2,715,000

AUG SEP

MEDIAN SALES PRICE

OCT

$986

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.715 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Palms - Mar Vista DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,115,000

$1,210,000

$1,300,000

$1,175,000

5.4%

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

$765

$719

$777

$783

2.4%

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

37

33

31

35

-5.4%

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

45

27

38

25

-44.4%

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

93

68

86

86

-7.5%

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

43

36

39

32

-25.6%

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

2.5

2.1

2.8

2.5

-2.2%

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

48.4%

39.7%

44.2%

29.1%

-39.9%

Average Median Price for Last 12 Months ........

$1,088,957

$1,261,421

$1,261,508

$1,244,925

12.5%

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

current market snapshot JUN

$1.115

JUL

$1,175,000

AUG SEP

MEDIAN SALES PRICE

OCT

$783

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.175 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Playa Del Rey DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,975,000

$1,395,000

$1,850,000

$1,165,000

-41.0%

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

$715

$499

$681

$628

-12.2%

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

2

4

4

5

150.0%

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

1

2

5

4

300.0%

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

13

12

13

16

23.1%

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

54

119

60

38

-29.6%

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

6.5

3

3.2

3.2

-50.8%

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

7.7%

16.7%

38.5%

25.0%

225.0%

Average Median Price for Last 12 Months ........

$1,676,750

$1,624,296

$1,638,417

$1,553,367

-7.9%

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

current market snapshot $1.975

JUN JUL

$1,165,000

AUG SEP

MEDIAN SALES PRICE

OCT

$628

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.165 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Playa Vista DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$2,070,000

$2,257,500

$0

$1,749,000

-15.5%

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

$543

$749

$0

$652

20.1%

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

1

2

0

1

0.0%

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

1

0

0

0

-100.0%

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

9

4

7

9

0.0%

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

106

0

0

0

-100.0%

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

9

2

n/a

0

-100.0%

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

11.1%

0.0%

0.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$1,599,250

$1,734,000

$1,734,000

$1,822,444

14.0%

*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 JUN

$2.070

JUL

$1,749,000

AUG SEP

MEDIAN SALES PRICE

OCT

$652

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

No sales MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.749 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Santa Monica DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,975,000

$3,034,000

$2,995,000

$1,795,000

-9.1%

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

$1,088

$981

$937

$1,044

-4.0%

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

39

14

23

25

-35.9%

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

35

6

26

23

-34.3%

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

101

79

102

96

-5.0%

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

31

36

44

45

45.2%

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

2.6

5.6

4.4

3.8

48.3%

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

34.7%

7.6%

25.5%

24.0%

-30.9%

Average Median Price for Last 12 Months ........

$2,237,812

$2,573,333

$2,231,667

$2,419,854

7.5%

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

current market snapshot JUN

$1.975

JUL

$1,795,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,044

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.795 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Sunset Strip - Hollywood Hills West DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,912,500

$1,540,000

$1,675,000

$1,813,500

-5.2%

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

$936

$856

$970

$976

4.3%

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

52

43

54

34

-34.6%

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

50

36

45

35

-30.0%

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

348

288

280

343

-1.4%

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

66

101

54

78

18.2%

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

6.7

6.7

5.2

10.1

50.7%

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

14.4%

12.5%

16.1%

10.2%

-29.0%

Average Median Price for Last 12 Months ........

$1,793,873

$1,836,417

$1,747,000

$1,726,115

-3.9%

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

current market snapshot JUN

$1.912

JUL

$1,813,500

AUG SEP

MEDIAN SALES PRICE

OCT

$976

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

10.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.813 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Venice DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,809,670

$1,610,000

$1,900,000

$1,812,500

0.2%

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

$1,018

$1,098

$1,079

$1,204

18.3%

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

25

19

17

22

-12.0%

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

24

9

18

19

-20.8%

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

89

79

91

103

15.7%

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

57

50

39

56

-1.8%

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

3.6

4.2

5.4

4.7

31.5%

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

27.0%

11.4%

19.8%

18.4%

-31.6%

Average Median Price for Last 12 Months ........

$1,706,004

$1,876,432

$1,848,697

$1,800,284

5.5%

*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 JUN

$1.809

JUL

$1,812,500

AUG SEP

MEDIAN SALES PRICE

OCT

$1,204

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.812 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

West Hollywood DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,299,000

$1,579,999

$1,548,750

$1,460,000

12.4%

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

$807

$859

$786

$914

13.3%

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

9

15

10

11

22.2%

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

11

10

11

18

63.6%

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

49

37

49

68

38.8%

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

32

57

31

48

50.0%

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

5.4

2.5

4.9

6.2

13.5%

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

22.4%

27.0%

22.4%

26.5%

17.9%

Average Median Price for Last 12 Months ........

$1,408,417

$1,525,333

$1,478,333

$1,463,464

3.8%

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

current market snapshot JUN

$1.299

JUL

$1,460,000

AUG SEP

MEDIAN SALES PRICE

OCT

$914

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.460 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

West Los Angeles DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$930,775

$1,225,000

$910,000

$1,221,500

31.2%

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

$606

$650

$857

$673

11.1%

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

15

14

9

16

6.7%

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

12

6

14

6

-50.0%

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

43

34

45

38

-11.6%

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

44

22

27

79

79.5%

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

2.9

2.4

5

2.4

-17.2%

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

27.9%

17.6%

31.1%

15.8%

-43.4%

Average Median Price for Last 12 Months ........

$829,690

$1,078,500

$1,181,167

$1,060,310

27.8%

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

current market snapshot JUN

$930

JUL

$1,221,500

AUG SEP

MEDIAN SALES PRICE

OCT

$673

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.221 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Westchester DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$976,250

$1,020,000

$958,750

$1,043,700

6.9%

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

$576

$543

$612

$635

10.2%

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

38

29

20

33

-13.2%

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

30

18

26

31

3.3%

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

76

59

63

78

2.6%

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

40

55

47

34

-15.0%

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

2

2

3.2

2.4

18.2%

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

39.5%

30.5%

41.3%

39.7%

0.7%

Average Median Price for Last 12 Months ........

$860,452

$1,027,450

$1,068,483

$978,202

13.7%

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

current market snapshot JUN

$976

JUL

$1,043,700

AUG SEP

MEDIAN SALES PRICE

OCT

$635

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.043 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Westwood - Century City DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,711,000

$1,931,234

$1,616,000

$2,814,000

64.5%

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

$837

$835

$903

$939

12.2%

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

11

16

20

17

54.5%

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

19

13

22

16

-15.8%

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

69

54

78

71

2.9%

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

27

48

30

44

63.0%

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

6.3

3.4

3.9

4.2

-33.4%

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

27.5%

24.1%

28.2%

22.5%

-18.2%

Average Median Price for Last 12 Months ........

$1,776,344

$1,956,105

$2,270,543

$1,842,278

3.7%

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

current market snapshot JUN

$1.711

JUL

$2,814,000

AUG SEP

MEDIAN SALES PRICE

OCT

$939

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.814 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

South Bay Macro Market DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,237,382

$1,244,989

$1,374,158

$1,435,667

16.0%

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

$559

$579

$622

$619

10.6%

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

294

255

250

279

-5.1%

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

279

149

280

306

9.7%

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

920

677

906

1,121

21.8%

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

53

54

37

49

-9.1%

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

3.1

2.7

3.6

4

28.4%

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

30.3%

22.0%

30.9%

27.3%

-10.0%

Average Median Price for Last 12 Months ........

$1,179,650

$1,267,931

$1,294,629

$1,288,431

9.2%

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

current market snapshot JUN

$1.237

JUL

$1,435,667

AUG SEP

MEDIAN SALES PRICE

OCT

$619

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.435 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

El Segundo DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$942,500

$1,096,000

$1,249,338

$1,220,000

29.4%

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

$595

$533

$641

$620

4.2%

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

6

7

6

13

116.7%

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

4

4

8

10

150.0%

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

22

20

26

32

45.5%

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

14

14

23

47

235.7%

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

3.7

2.9

4.3

2.5

-32.9%

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

18.2%

20.0%

30.8%

31.2%

71.9%

Average Median Price for Last 12 Months ........

$981,542

$1,280,083

$1,265,833

$1,178,962

20.1%

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

current market snapshot JUN

$942

JUL

$1,220,000

AUG SEP

MEDIAN SALES PRICE

OCT

$620

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.220 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Hermosa Beach DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,361,250

$2,150,000

$1,368,125

$1,388,750

2.0%

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

$769

$956

$1,134

$927

20.5%

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

12

11

10

14

16.7%

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

5

7

13

16

220.0%

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

36

26

46

69

91.7%

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

54

74

28

32

-40.7%

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

3

2.4

4.6

4.9

64.3%

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

13.9%

26.9%

28.3%

23.2%

67.0%

Average Median Price for Last 12 Months ........

$1,623,475

$1,614,854

$1,587,750

$1,763,856

8.6%

*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 JUN

$1.361

JUL

$1,388,750

AUG SEP

MEDIAN SALES PRICE

OCT

$927

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.388 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Manhattan Beach DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$2,555,000

$2,150,000

$2,572,500

$2,100,000

-17.8%

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

$912

$996

$1,053

$968

6.1%

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

27

23

30

32

18.5%

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

29

13

39

32

10.3%

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

108

76

138

169

56.5%

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

32

78

33

41

28.1%

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

4

3.3

4.6

5.3

32.0%

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

26.9%

17.1%

28.3%

18.9%

-29.5%

Average Median Price for Last 12 Months ........

$2,044,604

$2,192,917

$2,321,667

$2,213,308

8.3%

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

current market snapshot JUN

$2.555

JUL

$2,100,000

AUG SEP

MEDIAN SALES PRICE

OCT

$968

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.100 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Palos Verdes Estates DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$2,025,000

$1,617,500

$1,600,000

$1,934,000

-4.5%

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

$707

$694

$689

$951

34.5%

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

23

14

15

12

-47.8%

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

20

5

13

15

-25.0%

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

82

63

87

99

20.7%

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

39

55

27

92

135.9%

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

3.6

4.5

5.8

8.2

131.4%

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

24.4%

7.9%

14.9%

15.2%

-37.9%

Average Median Price for Last 12 Months ........

$1,774,063

$1,711,292

$1,809,750

$1,771,765

-0.1%

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

current market snapshot JUN

$2.025

JUL

$1,934,000

AUG SEP

MEDIAN SALES PRICE

OCT

$951

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.934 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Rancho Palos Verdes DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,265,000

$1,189,585

$1,315,000

$1,295,000

2.4%

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

$508

$540

$554

$547

7.7%

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

49

35

37

55

12.2%

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

42

25

40

36

-14.3%

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

162

119

141

175

8.0%

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

69

55

43

41

-40.6%

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

3.3

3.4

3.8

3.2

-3.8%

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

25.9%

21.0%

28.4%

20.6%

-20.7%

Average Median Price for Last 12 Months ........

$1,156,825

$1,262,833

$1,232,500

$1,225,545

5.9%

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

current market snapshot JUN

$1.265

JUL

$1,295,000

AUG SEP

MEDIAN SALES PRICE

OCT

$547

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.295 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Redondo Beach- North DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$920,075

$872,500

$863,250

$890,000

-3.3%

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

$537

$528

$540

$563

4.8%

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

28

22

18

11

-60.7%

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

25

8

28

25

0.0%

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

54

21

47

51

-5.6%

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

30

48

51

33

10.0%

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

1.9

1

2.6

4.6

140.4%

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

46.3%

38.1%

59.6%

49.0%

5.9%

Average Median Price for Last 12 Months ........

$846,590

$868,542

$913,500

$874,910

3.3%

*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 JUN

$920

JUL

$890,000

AUG SEP

MEDIAN SALES PRICE

OCT

$563

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$890 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Redondo Beach- South DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,106,500

$1,343,250

$1,825,000

$1,300,000

17.5%

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

$718

$612

$632

$749

4.3%

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

14

8

13

27

92.9%

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

14

9

16

18

28.6%

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

48

34

45

56

16.7%

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

34

79

33

60

76.5%

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

3.4

4.2

3.5

2.1

-39.5%

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

29.2%

26.5%

35.6%

32.1%

10.2%

Average Median Price for Last 12 Months ........

$1,144,875

$1,338,917

$1,312,000

$1,288,327

12.5%

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

current market snapshot JUN

$1.106

JUL

$1,300,000

AUG SEP

MEDIAN SALES PRICE

OCT

$749

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Rolling Hills DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$3,225,000

$2,890,000

$4,347,150

$5,462,500

69.4%

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

$604

$843

$983

$772

27.8%

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

4

1

2

4

0.0%

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

2

1

3

0

-100.0%

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

19

22

25

28

47.4%

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

264

94

52

134

-49.2%

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

4.8

22

12.5

7

47.4%

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

10.5%

4.5%

12.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$3,110,770

$3,461,930

$3,404,167

$3,476,741

11.8%

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

current market snapshot JUN

$3.225

JUL

$5,462,500

AUG SEP

MEDIAN SALES PRICE

OCT

$772

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$5.462 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Rolling Hills Estates DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,185,000

$1,425,000

$1,425,000

$1,772,500

49.6%

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

$589

$624

$616

$588

-0.2%

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

12

8

4

7

-41.7%

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

14

2

12

9

-35.7%

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

37

13

29

42

13.5%

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

25

26

29

30

20.0%

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

3.1

1.6

7.2

6

94.6%

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

37.8%

15.4%

41.4%

21.4%

-43.4%

Average Median Price for Last 12 Months ........

$1,406,649

$1,658,167

$1,494,167

$1,575,673

12.0%

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

current market snapshot JUN

$1.185

JUL

$1,772,500

AUG SEP

MEDIAN SALES PRICE

OCT

$588

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.772 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

San Pedro DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$535,000

$570,000

$610,000

$618,750

15.7%

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

$348

$389

$359

$393

12.9%

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

43

40

44

30

-30.2%

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

36

19

29

42

16.7%

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

136

101

113

141

3.7%

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

54

77

60

37

-31.5%

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

3.2

2.5

2.6

4.7

48.6%

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

26.5%

18.8%

25.7%

29.8%

12.5%

Average Median Price for Last 12 Months ........

$542,229

$592,169

$607,067

$575,693

6.2%

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

current market snapshot JUN

$535

JUL

$618,750

AUG SEP

MEDIAN SALES PRICE

OCT

$393

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$618 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Torrance- County Strip DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$457,500

$525,000

$475,000

$510,000

11.5%

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

$356

$287

$321

$386

8.4%

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

10

6

5

3

-70.0%

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

7

6

8

10

42.9%

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

20

8

25

27

35.0%

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

45

22

39

40

-11.1%

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

2

1.3

5

9

350.0%

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

35.0%

75.0%

32.0%

37.0%

5.8%

Average Median Price for Last 12 Months ........

$446,563

$484,000

$486,333

$482,596

8.1%

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

current market snapshot JUN

$457

JUL

$510,000

AUG SEP

MEDIAN SALES PRICE

OCT

$386

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$510 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Torrance- North DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$580,000

$597,500

$625,000

$616,000

6.2%

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

$402

$406

$429

$452

12.4%

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

19

23

17

15

-21.1%

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

24

17

20

26

8.3%

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

52

59

44

57

9.6%

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

33

57

56

17

-48.5%

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

2.7

2.6

2.6

3.8

38.8%

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

46.2%

28.8%

45.5%

45.6%

-1.2%

Average Median Price for Last 12 Months ........

$447,604

$611,833

$615,333

$609,306

36.1%

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

current market snapshot JUN

$580

JUL

$616,000

AUG SEP

MEDIAN SALES PRICE

OCT

$452

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$616 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Torrance- South DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$924,000

$825,000

$889,000

$850,000

-8.0%

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

$486

$450

$476

$494

1.6%

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

20

18

17

21

5.0%

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

19

13

21

27

42.1%

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

56

46

48

64

14.3%

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

25

51

39

30

20.0%

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

2.8

2.6

2.8

3

8.8%

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

33.9%

28.3%

43.8%

42.2%

24.3%

Average Median Price for Last 12 Months ........

$813,032

$857,019

$877,700

$867,989

6.8%

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

current market snapshot JUN

$924

JUL

$850,000

AUG SEP

MEDIAN SALES PRICE

OCT

$494

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Torrance- Southeast DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$649,000

$593,500

$620,000

$725,000

11.7%

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

$407

$396

$440

$379

-6.9%

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

16

20

17

19

18.8%

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

16

9

11

16

0.0%

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

51

40

51

63

23.5%

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

71

57

15

51

-28.2%

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

3.2

2

3

3.3

4.0%

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

31.4%

22.5%

21.6%

25.4%

-19.0%

Average Median Price for Last 12 Months ........

$598,485

$644,000

$654,667

$616,000

2.9%

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

current market snapshot JUN

$649

JUL

$725,000

AUG SEP

MEDIAN SALES PRICE

OCT

$379

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Torrance- West DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$829,900

$830,000

$828,000

$852,500

2.7%

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

$454

$437

$459

$490

7.9%

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

11

19

15

16

45.5%

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

22

11

19

24

9.1%

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

37

29

41

48

29.7%

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

13

16

27

44

238.5%

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

3.4

1.5

2.7

3

-10.8%

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

59.5%

37.9%

46.3%

50.0%

-15.9%

Average Median Price for Last 12 Months ........

$757,450

$820,667

$837,000

$805,800

6.4%

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

current market snapshot JUN

$829

JUL

$852,500

AUG SEP

MEDIAN SALES PRICE

OCT

$490

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$852 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

San Fernando Valley Macro Market DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$831,929

$778,357

$945,929

$821,214

-1.3%

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

$422

$432

$423

$467

10.6%

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

37

29

29

38

1.3%

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

43

28

38

38

-12.9%

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

81

54

65

84

3.1%

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

51

60

58

51

-1.0%

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

2.2

1.9

2.2

2.2

1.7%

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

53.4%

51.9%

59.0%

45.2%

-15.5%

Average Median Price for Last 12 Months ........

$781,942

$871,548

$854,762

$842,907

7.8%

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

current market snapshot JUN

$831

JUL

$821,214

AUG SEP

MEDIAN SALES PRICE

OCT

$467

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$821 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Burbank DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$683,000

$725,000

$701,000

$740,000

8.3%

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

$470

$479

$477

$490

4.3%

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

65

35

50

63

-3.1%

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

63

38

50

59

-6.3%

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

107

69

84

101

-5.6%

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

55

53

50

50

-9.1%

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

1.6

2

1.7

1.6

-2.6%

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

58.9%

55.1%

59.5%

58.4%

-0.8%

Average Median Price for Last 12 Months ........

$665,167

$721,167

$729,333

$716,231

7.7%

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

current market snapshot JUN

$683

JUL

$740,000

AUG SEP

MEDIAN SALES PRICE

OCT

$490

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$740 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Encino DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,280,000

$1,020,000

$1,310,000

$1,212,000

-5.3%

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

$495

$471

$484

$506

2.2%

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

45

36

37

49

8.9%

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

69

44

44

52

-24.6%

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

133

79

120

132

-0.8%

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

59

54

62

63

6.8%

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

3

2.2

3.2

2.7

-8.9%

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

51.9%

55.7%

36.7%

39.4%

-24.1%

Average Median Price for Last 12 Months ........

$1,107,729

$1,192,667

$1,259,000

$1,183,769

6.9%

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

current market snapshot JUN

$1.280

JUL

$1,212,000

AUG SEP

MEDIAN SALES PRICE

OCT

$506

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.212 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Glendale DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$830,000

$770,000

$820,000

$837,000

0.8%

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

$431

$443

$455

$476

10.4%

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

72

52

56

60

-16.7%

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

93

42

63

60

-35.5%

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

116

77

98

128

10.3%

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

50

58

52

38

-24.0%

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

1.6

1.5

1.8

2.1

32.4%

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

80.2%

54.5%

64.3%

46.9%

-41.5%

Average Median Price for Last 12 Months ........

$756,000

$823,500

$850,333

$818,923

8.3%

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

current market snapshot JUN

$830

JUL

$837,000

AUG SEP

MEDIAN SALES PRICE

OCT

$476

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$837 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

La Crescenta DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$710,000

$715,000

$823,000

$816,000

14.9%

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

$467

$454

$458

$493

5.6%

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

23

16

14

19

-17.4%

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

25

15

13

25

0.0%

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

25

19

26

33

32.0%

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

43

43

36

46

7.0%

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

1.1

1.2

1.9

1.7

59.8%

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

100.0%

78.9%

50.0%

75.8%

-24.2%

Average Median Price for Last 12 Months ........

$729,250

$781,667

$795,667

$768,000

5.3%

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

current market snapshot JUN

$710

JUL

$816,000

AUG SEP

MEDIAN SALES PRICE

OCT

$493

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$816 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

North Hollywood DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$520,000

$500,000

$527,000

$505,000

-2.9%

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

$334

$371

$362

$391

17.1%

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

49

29

37

38

-22.4%

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

51

46

47

42

-17.6%

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

72

54

47

49

-31.9%

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

50

65

55

60

20.0%

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

1.5

1.9

1.3

1.3

-12.2%

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

70.8%

85.2%

100.0%

85.7%

21.0%

Average Median Price for Last 12 Months ........

$462,125

$512,833

$510,667

$511,692

10.7%

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

current market snapshot JUN

$520

JUL

$505,000

AUG SEP

MEDIAN SALES PRICE

OCT

$391

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$505 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Shadow Hills DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$710,000

$564,000

$1,352,000

$653,000

-8.0%

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

$280

$335

$273

$395

41.1%

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

3

2

4

4

33.3%

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

5

4

4

4

-20.0%

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

10

12

7

17

70.0%

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

36

100

68

38

5.6%

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

3.3

6

1.8

4.2

27.5%

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

50.0%

33.3%

57.1%

23.5%

-52.9%

Average Median Price for Last 12 Months ........

$779,273

$811,667

$672,000

$739,692

-5.1%

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

current market snapshot JUN

$710

JUL

$653,000

AUG SEP

MEDIAN SALES PRICE

OCT

$395

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$653 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Sherman Oaks DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,125,000

$895,000

$1,125,000

$1,100,000

-2.2%

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

$495

$461

$523

$528

6.7%

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

64

55

54

65

1.6%

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

79

42

65

60

-24.1%

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

143

104

137

161

12.6%

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

55

59

57

50

-9.1%

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

2.2

1.9

2.5

2.5

10.9%

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

55.2%

40.4%

47.4%

37.3%

-32.5%

Average Median Price for Last 12 Months ........

$936,104

$1,097,333

$1,136,000

$1,026,154

9.6%

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

current market snapshot JUN

$1.125

JUL

$1,100,000

AUG SEP

MEDIAN SALES PRICE

OCT

$528

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.100 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Studio City DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,250,000

$1,268,000

$1,480,000

$1,265,000

1.2%

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

$560

$568

$514

$589

5.2%

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

35

30

19

30

-14.3%

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

32

24

26

36

12.5%

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

90

65

72

96

6.7%

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

50

51

64

51

2.0%

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

2.6

2.2

3.8

3.2

24.4%

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

35.6%

36.9%

36.1%

37.5%

5.5%

Average Median Price for Last 12 Months ........

$1,164,625

$1,380,500

$1,376,000

$1,362,000

16.9%

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

current market snapshot JUN

$1.250

JUL

$1,265,000

AUG SEP

MEDIAN SALES PRICE

OCT

$589

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.265 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Sun Valley DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$430,000

$430,000

$440,000

$464,000

7.9%

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

$327

$337

$334

$359

9.8%

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

20

20

16

25

25.0%

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

16

20

27

22

37.5%

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

43

25

30

24

-44.2%

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

59

51

73

35

-40.7%

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

2.2

1.2

1.9

1

-55.3%

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

37.2%

80.0%

90.0%

91.7%

146.4%

Average Median Price for Last 12 Months ........

$420,833

$467,667

$455,667

$450,462

7.0%

*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 JUN

$430

JUL

$464,000

AUG SEP

MEDIAN SALES PRICE

OCT

$359

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$464 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Sunland/Tujunga DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$479,000

$505,000

$533,000

$524,000

9.4%

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

$319

$358

$341

$366

14.7%

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

41

40

34

34

-17.1%

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

43

28

55

39

-9.3%

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

78

48

41

72

-7.7%

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

48

59

49

44

-8.3%

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

1.9

1.2

1.2

2.1

11.3%

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

55.1%

58.3%

134.1%

54.2%

-1.7%

Average Median Price for Last 12 Months ........

$485,125

$526,500

$543,667

$513,615

5.9%

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

current market snapshot JUN

$479

JUL

$524,000

AUG SEP

MEDIAN SALES PRICE

OCT

$366

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$524 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Tarzana DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$916,000

$822,000

$949,000

$825,000

-9.9%

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

$381

$348

$393

$383

0.5%

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

20

20

18

35

75.0%

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

28

29

35

25

-10.7%

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

95

66

72

108

13.7%

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

63

84

71

66

4.8%

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

4.8

3.3

4

3.1

-35.0%

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

29.5%

43.9%

48.6%

23.1%

-21.5%

Average Median Price for Last 12 Months ........

$909,417

$920,833

$928,000

$901,692

-0.8%

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

current market snapshot JUN

$916

JUL

$825,000

AUG SEP

MEDIAN SALES PRICE

OCT

$383

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Toluca Lake DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,044,000

$953,000

$1,560,000

$895,000

-14.3%

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

$514

$596

$534

$726

41.2%

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

8

4

4

5

-37.5%

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

12

4

6

6

-50.0%

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

20

12

12

21

5.0%

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

40

27

53

68

70.0%

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

2.5

3

3

4.2

68.0%

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

60.0%

33.3%

50.0%

28.6%

-52.4%

Average Median Price for Last 12 Months ........

$1,009,042

$1,331,000

$1,043,333

$1,174,769

16.4%

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

current market snapshot JUN

$1.044

JUL

$895,000

AUG SEP

MEDIAN SALES PRICE

OCT

$726

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$895 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Valley Village DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$928,000

$960,000

$850,000

$901,000

-2.9%

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

$515

$472

$421

$476

-7.6%

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

11

9

10

22

100.0%

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

11

11

16

25

127.3%

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

22

13

28

38

72.7%

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

44

62

57

40

-9.1%

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

2

1.4

2.8

1.7

-13.6%

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

50.0%

84.6%

57.1%

65.8%

31.6%

Average Median Price for Last 12 Months ........

$810,500

$859,500

$900,333

$880,231

8.6%

*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 JUN

$928

JUL

$901,000

AUG SEP

MEDIAN SALES PRICE

OCT

$476

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$901 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Woodland Hills DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$742,000

$770,000

$773,000

$760,000

2.4%

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

$323

$351

$353

$357

10.5%

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

66

61

49

80

21.2%

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

79

46

82

73

-7.6%

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

180

114

130

189

5.0%

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

64

72

61

60

-6.2%

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

2.7

1.9

2.7

2.4

-13.4%

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

43.9%

40.4%

63.1%

38.6%

-12.0%

Average Median Price for Last 12 Months ........

$712,000

$774,833

$766,667

$753,462

5.8%

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

current market snapshot JUN

$742

JUL

$760,000

AUG SEP

MEDIAN SALES PRICE

OCT

$357

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$760 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

San Gabriel Valley Macro Market DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,008,333

$1,016,667

$996,750

$1,014,583

0.6%

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

$504

$506

$508

$539

7.0%

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

24

26

26

28

17.2%

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

29

26

20

29

0.6%

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

66

79

50

75

13.7%

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

45

51

59

52

16.6%

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

2.7

3

1.9

2.7

-3.0%

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

44.0%

33.0%

40.2%

38.9%

-11.6%

Average Median Price for Last 12 Months ........

$966,540

$1,004,875

$993,083

$1,003,931

3.9%

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

current market snapshot JUN

$1.008

JUL

$1,014,583

AUG SEP

MEDIAN SALES PRICE

OCT

$539

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.014 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Alhambra DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$520,000

$570,000

$620,000

$610,000

17.3%

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

$380

$410

$358

$431

13.4%

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

43

17

11

18

-58.1%

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

45

11

26

21

-53.3%

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

75

43

38

54

-28.0%

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

59

45

58

54

-8.5%

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

1.7

2.5

3.5

3

72.0%

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

60.0%

25.6%

68.4%

38.9%

-35.2%

Average Median Price for Last 12 Months ........

$519,833

$588,667

$572,333

$579,769

11.5%

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

current market snapshot JUN

$520

JUL

$610,000

AUG SEP

MEDIAN SALES PRICE

OCT

$431

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$610 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Altadena DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$676,000

$700,000

$738,000

$632,000

-6.5%

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

$418

$443

$418

$446

6.7%

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

50

43

26

29

-42.0%

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

60

34

39

39

-35.0%

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

52

38

56

72

38.5%

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

51

57

62

36

-29.4%

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

1

0.9

2.2

2.5

138.7%

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

115.4%

89.5%

69.6%

54.2%

-53.1%

Average Median Price for Last 12 Months ........

$637,917

$714,333

$701,000

$705,846

10.6%

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

current market snapshot JUN

$676

JUL

$632,000

AUG SEP

MEDIAN SALES PRICE

OCT

$446

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$632 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Arcadia DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,453,000

$1,350,000

$1,015,000

$1,100,000

-24.3%

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

$588

$570

$552

$623

6.0%

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

46

44

40

39

-15.2%

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

49

35

58

37

-24.5%

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

260

161

186

237

-8.8%

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

71

69

74

63

-11.3%

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

5.7

3.7

4.6

6.1

7.5%

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

18.8%

21.7%

31.2%

15.6%

-17.2%

Average Median Price for Last 12 Months ........

$1,330,208

$1,160,833

$1,123,333

$1,252,000

-5.9%

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

current market snapshot $1.453

JUN JUL

$1,100,000

AUG SEP

MEDIAN SALES PRICE

OCT

$623

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.100 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Duarte DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$439,000

$510,000

$445,000

$499,000

13.7%

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

$357

$348

$388

$336

-5.9%

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

21

11

15

16

-23.8%

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

16

9

20

15

-6.2%

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

30

36

27

29

-3.3%

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

49

61

52

35

-28.6%

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

1.4

3.3

1.8

1.8

26.9%

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

53.3%

25.0%

74.1%

51.7%

-3.0%

Average Median Price for Last 12 Months ........

$444,417

$459,333

$479,667

$455,000

2.4%

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

current market snapshot JUN

$439

JUL

$499,000

AUG SEP

MEDIAN SALES PRICE

OCT

$336

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$499 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Eagle Rock DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$700,000

$716,000

$771,000

$810,000

15.7%

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

$505

$519

$464

$520

3.0%

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

16

19

26

21

31.2%

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

16

9

34

24

50.0%

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

33

24

28

28

-15.2%

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

39

59

42

48

23.1%

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

2.1

1.3

1.1

1.3

-35.4%

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

48.5%

37.5%

121.4%

85.7%

76.8%

Average Median Price for Last 12 Months ........

$693,000

$753,667

$771,000

$726,077

4.8%

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

current market snapshot JUN

$700

JUL

$810,000

AUG SEP

MEDIAN SALES PRICE

OCT

$520

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$810 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

La Canada Flintridge DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,489,000

$1,571,000

$1,748,000

$1,615,000

8.5%

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

$609

$612

$684

$626

2.8%

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

36

20

24

23

-36.1%

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

35

18

28

32

-8.6%

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

59

34

53

67

13.6%

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

36

54

56

44

22.2%

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

1.6

1.7

2.2

2.9

77.7%

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

59.3%

52.9%

52.8%

47.8%

-19.5%

Average Median Price for Last 12 Months ........

$1,524,668

$1,616,667

$1,646,667

$1,588,000

4.2%

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

current market snapshot JUN

$1.489

JUL

$1,615,000

AUG SEP

MEDIAN SALES PRICE

OCT

$626

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.615 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Monrovia DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$538,000

$610,000

$617,000

$684,000

27.1%

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

$419

$402

$421

$409

-2.4%

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

27

23

17

32

18.5%

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

29

21

35

32

10.3%

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

72

46

43

54

-25.0%

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

60

68

49

50

-16.7%

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

2.7

2

2.5

1.7

-36.7%

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

40.3%

45.7%

81.4%

59.3%

47.1%

Average Median Price for Last 12 Months ........

$596,833

$628,500

$641,333

$634,615

6.3%

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

current market snapshot JUN

$538

JUL

$684,000

AUG SEP

MEDIAN SALES PRICE

OCT

$409

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$684 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Pasadena DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$859,000

$810,000

$824,000

$885,000

3.0%

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

$513

$514

$550

$545

6.2%

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

99

80

79

101

2.0%

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

109

65

86

91

-16.5%

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

175

123

170

213

21.7%

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

47

65

52

47

0.0%

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

1.8

1.5

2.2

2.1

19.3%

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

62.3%

52.8%

50.6%

42.7%

-31.4%

Average Median Price for Last 12 Months ........

$763,500

$846,667

$873,000

$821,154

7.6%

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

current market snapshot JUN

$859

JUL

$885,000

AUG SEP

MEDIAN SALES PRICE

OCT

$545

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$885 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

San Gabriel DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$714,000

$757,000

$879,000

$713,000

-0.1%

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

$414

$433

$430

$433

4.6%

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

24

20

12

22

-8.3%

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

35

20

27

27

-22.9%

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

76

47

60

60

-21.1%

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

36

63

45

78

116.7%

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

3.2

2.4

5

2.7

-13.9%

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

46.1%

42.6%

45.0%

45.0%

-2.3%

Average Median Price for Last 12 Months ........

$706,875

$743,000

$684,333

$727,538

2.9%

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

current market snapshot JUN

$714

JUL

$713,000

AUG SEP

MEDIAN SALES PRICE

OCT

$433

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$713 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

San Marino DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$2,200,000

$2,139,000

$1,979,000

$2,450,000

11.4%

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

$852

$833

$822

$921

8.1%

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

12

11

12

14

16.7%

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

10

6

14

13

30.0%

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

49

33

31

46

-6.1%

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

27

46

91

68

151.9%

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

4.1

3

2.6

3.3

-19.5%

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

20.4%

18.2%

45.2%

28.3%

38.5%

Average Median Price for Last 12 Months ........

$2,298,750

$2,318,833

$2,578,000

$2,284,077

-0.6%

*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 JUN

$2.200

JUL

$2,450,000

AUG SEP

MEDIAN SALES PRICE

OCT

$921

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Sierra Madre DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$899,000

$1,020,000

$885,000

$913,000

1.6%

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

$508

$464

$544

$558

9.8%

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

15

15

8

12

-20.0%

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

15

7

13

6

-60.0%

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

16

8

21

26

62.5%

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

65

66

39

46

-29.2%

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

1.1

0.5

2.6

2.2

103.1%

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

93.8%

87.5%

61.9%

23.1%

-75.4%

Average Median Price for Last 12 Months ........

$906,667

$1,007,000

$888,667

$985,462

8.7%

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

current market snapshot JUN

$899

JUL

$913,000

AUG SEP

MEDIAN SALES PRICE

OCT

$558

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$913 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

South Pasadena DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,156,000

$1,258,000

$1,070,000

$1,264,000

9.3%

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

$564

$551

$604

$616

9.2%

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

12

13

7

14

16.7%

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

14

7

8

15

7.1%

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

19

11

14

18

-5.3%

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

54

62

40

55

1.9%

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

1.6

0.8

2

1.3

-18.8%

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

73.7%

63.6%

57.1%

83.3%

13.1%

Average Median Price for Last 12 Months ........

$1,175,816

$1,222,500

$1,438,333

$1,246,538

6.0%

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

current market snapshot JUN

$1.156

JUL

$1,264,000

AUG SEP

MEDIAN SALES PRICE

OCT

$616

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.264 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Orange County

Orange County Macro

Ladera Ranch

San Clemente

Aliso Viejo

Laguna Beach

San Juan Capistrano

Balboa Peninsula

Laguna Hills

Shady Canyon

Corona del Mar - Spyglass

Laguna Niguel

Turtle Ridge

Coto de Caza

Laguna Woods

Turtle Rock

Crystal Cove

Lower Newport Bay - Balboa Island

West Bay - Santa Ana Heights

Dana Point

Mission Viejo

West Newport - Lido

East Bluff - Harbor View

Nelle Gail

Westminster

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Micro Market Report : June 2016

telesproperties.com

County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : June 2016

telesproperties.com

Orange County DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$710,000

$700,000

$715,000

$750,000

5.6%

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

$420

$424

$437

$432

2.9%

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

1954

1508

1569

1952

-0.1%

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

2095

1158

1928

1806

-13.8%

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

7,400

4,940

6,331

7,493

1.3%

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

64

64

50

50

-21.9%

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

3.8

3.3

4

3.8

1.4%

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

28.3%

23.4%

30.5%

24.1%

-14.9%

Average Median Price for Last 12 Months ........

$680,433

$720,250

$736,667

$711,269

4.5%

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

current market snapshot JUN

$710

JUL

$750,000

AUG SEP

MEDIAN SALES PRICE

OCT

$432

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Aliso Viejo DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$732,000

$800,000

$736,250

$780,000

6.6%

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

$358

$364

$369

$368

2.8%

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

30

13

18

39

30.0%

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

27

16

19

29

7.4%

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

79

49

64

85

7.6%

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

43

50

34

38

-11.6%

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

2.6

3.8

3.6

2.2

-17.2%

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

34.2%

32.7%

29.7%

34.1%

-0.2%

Average Median Price for Last 12 Months ........

$724,375

$754,708

$756,000

$750,288

3.6%

*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 JUN

$732

JUL

$780,000

AUG SEP

MEDIAN SALES PRICE

OCT

$368

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$780 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Balboa Peninsula DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$4,550,000

$3,500,000

$1,942,500

$4,250,000

-6.6%

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

$1,480

$1,334

$1,005

$1,676

13.2%

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

8

7

2

6

-25.0%

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

7

2

2

5

-28.6%

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

39

27

47

56

43.6%

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

142

40

27

94

-33.8%

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

4.9

3.9

23.5

9.3

91.5%

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

17.9%

7.4%

4.3%

8.9%

-50.3%

Average Median Price for Last 12 Months ........

$2,900,167

$3,957,083

$5,400,000

$3,247,308

12.0%

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

current market snapshot JUN

$4.550

JUL

$4,250,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,676

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$4.250 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Corona del Mar - Spyglass DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$3,087,500

$2,211,000

$2,862,500

$2,700,000

-12.6%

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

$1,124

$953

$1,352

$1,048

-6.8%

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

14

12

11

19

35.7%

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

17

7

11

14

-17.6%

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

102

81

81

94

-7.8%

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

65

109

65

56

-13.8%

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

7.3

6.8

7.4

4.9

-32.1%

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

16.7%

8.6%

13.6%

14.9%

-10.6%

Average Median Price for Last 12 Months ........

$2,200,733

$2,853,750

$2,688,333

$2,760,615

25.4%

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

current market snapshot JUN

$3.087

JUL

$2,700,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,048

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Coto de Caza DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,040,000

$1,092,000

$1,168,800

$1,212,500

16.6%

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

$334

$329

$360

$371

11.1%

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

20

15

17

35

75.0%

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

17

10

25

25

47.1%

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

131

95

139

154

17.6%

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

80

122

74

74

-7.5%

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

6.6

6.3

8.2

4.4

-32.8%

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

13.0%

10.5%

18.0%

16.2%

25.1%

Average Median Price for Last 12 Months ........

$1,177,572

$1,167,008

$1,103,833

$1,150,312

-2.3%

*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 JUN

$1.040

JUL

$1,212,500

AUG SEP

MEDIAN SALES PRICE

OCT

$371

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.212 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Crystal Cove DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$4,680,000

$12,500,000

$4,888,888

$4,400,000

-6.0%

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

$878

$1,152

$1,208

$1,124

28.0%

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

10

1

1

3

-70.0%

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

5

2

0

3

-40.0%

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

83

15

18

21

-74.7%

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

89

152

0

184

106.7%

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

8.3

15

18

7

-15.7%

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

6.0%

13.3%

0.0%

14.3%

137.1%

Average Median Price for Last 12 Months ........

$5,797,194

$6,660,778

$4,695,000

$8,009,217

38.2%

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

current market snapshot JUN

$4.680

JUL

$4,400,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,124

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$4.400 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Dana Point DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$900,000

$924,400

$890,000

$1,112,500

23.6%

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

$558

$618

$851

$726

30.1%

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

29

21

19

34

17.2%

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

33

12

33

21

-36.4%

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

204

124

163

194

-4.9%

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

102

95

70

73

-28.4%

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

7

5.9

8.6

5.7

-18.9%

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

16.2%

9.7%

20.2%

10.8%

-33.1%

Average Median Price for Last 12 Months ........

$977,232

$1,069,815

$1,004,213

$1,045,976

7.0%

*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 JUN

$900

JUL

$1,112,500

AUG SEP

MEDIAN SALES PRICE

OCT

$726

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.112 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

East Bluff - Harbor View DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,930,000

$2,488,750

$1,895,000

$1,875,000

-2.8%

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

$691

$713

$740

$647

-6.4%

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

23

13

19

21

-8.7%

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

32

12

28

21

-34.4%

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

189

75

107

128

-32.3%

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

86

85

54

55

-36.0%

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

8.2

5.8

5.6

6.1

-25.8%

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

16.9%

16.0%

26.2%

16.4%

-3.1%

Average Median Price for Last 12 Months ........

$1,756,703

$1,875,000

$1,852,500

$1,845,100

5.0%

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

current market snapshot JUN

$1.930

JUL

$1,875,000

AUG SEP

MEDIAN SALES PRICE

OCT

$647

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

East Costa Mesa DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$842,500

$1,152,500

$875,000

$1,050,000

24.6%

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

$542

$576

$651

$570

5.2%

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

16

16

19

15

-6.2%

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

16

9

12

11

-31.2%

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

63

37

52

66

4.8%

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

47

94

37

58

23.4%

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

3.9

2.3

2.7

4.4

11.7%

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

25.4%

24.3%

23.1%

16.7%

-34.4%

Average Median Price for Last 12 Months ........

$910,417

$997,341

$984,667

$972,523

6.8%

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

current market snapshot JUN

$842

JUL

$1,050,000

AUG SEP

MEDIAN SALES PRICE

OCT

$570

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.050 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Fountain Valley DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$697,000

$692,000

$745,000

$731,000

4.9%

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

$363

$358

$364

$369

1.7%

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

22

21

27

30

36.4%

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

34

18

30

29

-14.7%

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

98

56

69

76

-22.4%

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

36

40

23

39

8.3%

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

4.5

2.7

2.6

2.5

-43.1%

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

34.7%

32.1%

43.5%

38.2%

10.0%

Average Median Price for Last 12 Months ........

$693,000

$715,833

$736,167

$720,838

4.0%

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

current market snapshot JUN

$697

JUL

$731,000

AUG SEP

MEDIAN SALES PRICE

OCT

$369

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$731 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Huntington Beach DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$800,000

$812,500

$767,500

$845,000

5.6%

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

$455

$483

$469

$453

-0.4%

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

131

104

102

122

-6.9%

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

138

68

106

122

-11.6%

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

424

285

350

427

0.7%

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

50

53

44

51

2.0%

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

3.2

2.7

3.4

3.5

8.1%

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

32.5%

23.9%

30.3%

28.6%

-12.2%

Average Median Price for Last 12 Months ........

$768,500

$810,325

$822,500

$807,115

5.0%

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

current market snapshot JUN

$800

JUL

$845,000

AUG SEP

MEDIAN SALES PRICE

OCT

$453

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$845 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Irvine DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$955,500

$1,016,500

$1,084,500

$1,160,000

21.4%

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

$479

$442

$454

$478

-0.2%

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

103

78

92

114

10.7%

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

125

76

87

109

-12.8%

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

476

301

369

510

7.1%

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

54

79

61

59

9.3%

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

4.6

3.9

4

4.5

-3.2%

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

26.3%

25.2%

23.6%

21.4%

-18.6%

Average Median Price for Last 12 Months ........

$932,750

$1,019,504

$1,046,458

$998,040

7.0%

*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 JUN

$955

JUL

$1,160,000

AUG SEP

MEDIAN SALES PRICE

OCT

$478

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.160 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Ladera Ranch DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$885,000

$784,950

$820,000

$839,000

-5.2%

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

$336

$344

$343

$340

1.2%

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

39

26

23

25

-35.9%

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

44

15

46

30

-31.8%

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

165

76

125

153

-7.3%

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

66

65

44

44

-33.3%

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

4.2

2.9

5.4

6.1

44.7%

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

26.7%

19.7%

36.8%

19.6%

-26.5%

Average Median Price for Last 12 Months ........

$862,554

$834,500

$858,000

$849,100

-1.6%

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

current market snapshot JUN

$885

JUL

$839,000

AUG SEP

MEDIAN SALES PRICE

OCT

$340

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$839 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Laguna Beach DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$1,865,000

$1,895,000

$2,395,000

$1,685,000

-9.7%

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

$1,113

$996

$1,381

$1,037

-6.8%

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

23

30

27

23

0.0%

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

30

19

35

29

-3.3%

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

276

194

239

302

9.4%

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

75

124

113

85

13.3%

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

12

6.5

8.9

13.1

9.4%

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

10.9%

9.8%

14.6%

9.6%

-11.7%

Average Median Price for Last 12 Months ........

$1,913,740

$1,984,833

$1,785,000

$1,960,662

2.5%

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

current market snapshot JUN

$1.865

JUL

$1,685,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,037

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

13.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.685 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Laguna Niguel DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$825,000

$802,500

$890,000

$872,000

5.7%

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

$413

$384

$425

$428

3.6%

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

73

44

68

57

-21.9%

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

69

35

64

65

-5.8%

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

322

164

241

316

-1.9%

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

53

61

49

67

26.4%

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

4.4

3.7

3.5

5.5

25.7%

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

21.4%

21.3%

26.6%

20.6%

-4.0%

Average Median Price for Last 12 Months ........

$825,500

$862,250

$887,333

$857,712

3.9%

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

current market snapshot JUN

$825

JUL

$872,000

AUG SEP

MEDIAN SALES PRICE

OCT

$428

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$872 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Laguna Hills DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

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

$820,000

$800,000

$845,000

$1,007,500

22.9%

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

$344

$395

$376

$363

5.5%

Properties Sold .......................................................

21

27

22

30

42.9%

Properties Pending Sale .......................................

26

14

31

31

19.2%

Properties For Sale ................................................

139

80

115

130

-6.5%

Days on Market (Pending Sale) ...........................

79

92

52

52

-34.2%

Month’s Supply of Inventory ................................

6.6

3

5.2

4.3

-34.5%

Percent Under Contract ........................................

18.7%

17.5%

27.0%

23.8%

27.5%

Average Median Price for Last 12 Months ........

$775,854

$800,750

$847,333

$809,345

4.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JUN

$820

JUL

$1,007,500

AUG SEP

MEDIAN SALES PRICE

OCT

$363

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.007 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Laguna Woods DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

Median Price ..........................................................

$885,000

$0

$649,000

$0

-100.0%

Average Price per Square Foot ...........................

$492

$0

$468

$0

-100.0%

Properties Sold .......................................................

1

0

1

0

-100.0%

Properties Pending Sale .......................................

1

0

1

0

-100.0%

Properties For Sale ................................................

1

1

1

0

-100.0%

Days on Market (Pending Sale) ...........................

45

0

39

0

-100.0%

Month’s Supply of Inventory ................................

1

n/a

1

n/a

n/a

Percent Under Contract ........................................

100.0%

0.0%

100.0%

n/a

n/a

Average Median Price for Last 12 Months ........

$295,000

$779,500

$910,000

$810,500

174.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JUN

$885

JUL

No sales

AUG SEP

MEDIAN SALES PRICE

OCT

No sales

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

n/a MONTH’S SUPPLY OF INVENTORY

APR MAY JUN M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Lower Newport Bay - Balboa Island DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

Median Price ..........................................................

$3,462,500

$2,150,000

$2,185,000

$2,625,000

-24.2%

Average Price per Square Foot ...........................

$1,575

$883

$1,133

$1,089

-30.9%

Properties Sold .......................................................

10

3

6

9

-10.0%

Properties Pending Sale .......................................

9

2

6

8

-11.1%

Properties For Sale ................................................

37

25

28

35

-5.4%

Days on Market (Pending Sale) ...........................

86

172

64

57

-33.7%

Month’s Supply of Inventory ................................

3.7

8.3

4.7

3.9

5.1%

Percent Under Contract ........................................

24.3%

8.0%

21.4%

22.9%

-6.0%

Average Median Price for Last 12 Months ........

$3,105,741

$2,933,750

$2,850,000

$3,310,846

6.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JUN

$3.462

JUL

$2,625,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,089

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.625 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Mission Viejo DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

Median Price ..........................................................

$675,000

$650,000

$646,000

$700,000

3.7%

Average Price per Square Foot ...........................

$346

$353

$357

$358

3.5%

Properties Sold .......................................................

123

101

87

110

-10.6%

Properties Pending Sale .......................................

107

82

99

99

-7.5%

Properties For Sale ................................................

319

210

265

323

1.3%

Days on Market (Pending Sale) ...........................

48

71

47

51

6.2%

Month’s Supply of Inventory ................................

2.6

2.1

3

2.9

13.2%

Percent Under Contract ........................................

33.5%

39.0%

37.4%

30.7%

-8.6%

Average Median Price for Last 12 Months ........

$643,950

$677,167

$683,333

$670,896

4.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JUN

$675

JUL

$700,000

AUG SEP

MEDIAN SALES PRICE

OCT

$358

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Monarch Beach DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

Median Price ..........................................................

$1,080,000

$1,505,000

$1,440,000

$1,550,000

43.5%

Average Price per Square Foot ...........................

$731

$725

$1,037

$739

1.1%

Properties Sold .......................................................

7

4

10

15

114.3%

Properties Pending Sale .......................................

9

2

6

10

11.1%

Properties For Sale ................................................

83

63

71

89

7.2%

Days on Market (Pending Sale) ...........................

49

84

164

112

128.6%

Month’s Supply of Inventory ................................

11.9

15.8

7.1

5.9

-50.0%

Percent Under Contract ........................................

10.8%

3.2%

8.5%

11.2%

3.6%

Average Median Price for Last 12 Months ........

$1,420,438

$1,622,271

$1,681,667

$1,699,010

19.6%

*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 JUN

$1.080

JUL

$1,550,000

AUG SEP

MEDIAN SALES PRICE

OCT

$739

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.550 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Nelle Gail DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

Median Price ..........................................................

$820,000

$817,500

$845,000

$1,007,500

22.9%

Average Price per Square Foot ...........................

$344

$397

$376

$363

5.5%

Properties Sold .......................................................

21

26

22

30

42.9%

Properties Pending Sale .......................................

25

14

29

30

20.0%

Properties For Sale ................................................

135

80

112

122

-9.6%

Days on Market (Pending Sale) ...........................

82

92

52

52

-36.6%

Month’s Supply of Inventory ................................

6.4

3.1

5.1

4.1

-36.7%

Percent Under Contract ........................................

18.5%

17.5%

25.9%

24.6%

32.8%

Average Median Price for Last 12 Months ........

$792,467

$800,750

$847,333

$814,922

2.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JUN

$820

JUL

$1,007,500

AUG SEP

MEDIAN SALES PRICE

OCT

$363

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.007 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Newport Beach DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

Median Price ..........................................................

$1,820,000

$1,850,000

$1,870,000

$2,100,000

15.4%

Average Price per Square Foot ...........................

$873

$803

$763

$942

7.9%

Properties Sold .......................................................

74

45

51

52

-29.7%

Properties Pending Sale .......................................

67

34

56

63

-6.0%

Properties For Sale ................................................

347

239

324

415

19.6%

Days on Market (Pending Sale) ...........................

68

81

71

71

4.4%

Month’s Supply of Inventory ................................

4.7

5.3

6.4

8

70.2%

Percent Under Contract ........................................

19.3%

14.2%

17.3%

15.2%

-21.4%

Average Median Price for Last 12 Months ........

$1,838,026

$2,008,383

$2,003,433

$1,947,427

6.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JUN

$1.820

JUL

$2,100,000

AUG SEP

MEDIAN SALES PRICE

OCT

$942

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.100 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Newport Coast DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

Median Price ..........................................................

$4,945,000

$4,850,000

$2,032,500

$3,160,000

-36.1%

Average Price per Square Foot ...........................

$1,046

$1,011

$762

$872

-16.6%

Properties Sold .......................................................

11

13

16

21

90.9%

Properties Pending Sale .......................................

7

11

13

12

71.4%

Properties For Sale ................................................

85

85

101

113

32.9%

Days on Market (Pending Sale) ...........................

90

103

48

101

12.2%

Month’s Supply of Inventory ................................

7.7

6.5

6.3

5.4

-30.4%

Percent Under Contract ........................................

8.2%

12.9%

12.9%

10.6%

29.0%

Average Median Price for Last 12 Months ........

$3,324,319

$2,513,750

$2,653,333

$3,009,966

-9.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $4.945

JUN JUL

$3,160,000

AUG SEP

MEDIAN SALES PRICE

OCT

$872

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$3.160 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Newport Heights DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

Median Price ..........................................................

$1,900,000

$1,612,500

$1,390,000

$2,050,000

7.9%

Average Price per Square Foot ...........................

$630

$729

$674

$950

50.8%

Properties Sold .......................................................

8

4

4

4

-50.0%

Properties Pending Sale .......................................

7

5

4

3

-57.1%

Properties For Sale ................................................

34

24

31

50

47.1%

Days on Market (Pending Sale) ...........................

64

58

48

112

75.0%

Month’s Supply of Inventory ................................

4.2

6

7.8

12.5

194.1%

Percent Under Contract ........................................

20.6%

20.8%

12.9%

6.0%

-70.9%

Average Median Price for Last 12 Months ........

$1,815,007

$1,589,900

$1,702,250

$1,533,083

-15.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JUN

$1.900

JUL

$2,050,000

AUG SEP

MEDIAN SALES PRICE

OCT

$950

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

12.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.050 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2016

telesproperties.com

Rancho Santa Margarita DATA*

Jun 2015

6 month

3 month

Jun 2016

% change

Median Price ..........................................................

$657,000

$712,500

$665,000

$725,000