June 2018 Micro Market Report | Douglas Elliman

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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH June 2018 /

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



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READING THE REPORT

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

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

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

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


MEDIAN PRICE:

PROPERTIES FOR SALE:

A value that separates the upper half of

The number of properties on the

prices from the lower half of prices. It can

market and seeking buyers.

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

DAYS OF MARKET (PENDING SALE):

hold undue influence.

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

AVERAGE PRICE PER SQUARE FOOT:

The price of each property divided by

MONTH’S SUPPLY OF INVENTORY:

their respective square footage then

The number of months it would take to sell all

averaged across all properties sold in the

the properties listed for sale at the current pace

area for a given time period.

of sales and if no new listings entered the market.

PROPERTIES SOLD:

PERCENT UNDER CONTRACT:

The number of property transactions that

The ratio of properties for sale to

closed and transferred ownership.

properties pending sale.

PROPERTIES PENDING SALE:

AVERAGE MEDIAN PRICE FOR LAST 12:

The number of properties that entered

The Average Median Price for the Last 12 Months

escrow in preparation for sale.

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


LOS ANGELES COUNTY

LOS ANGELES COUNTY MACRO

MALIBU BEACH

HERMOSA BEACH

CALABASAS

BEL AIR - HOLMBY HILLS

MARINA DEL REY

MANHATTAN BEACH PALOS

ENCINO

BEVERLY CENTER - MIRACLE MILE

MID LOS ANGELES

VERDES ESTATES RANCHO

GLENDALE

BEVERLY HILLS

MID WILSHIRE

PALOS VERDES REDONDO

LA CRESCENTA NORTH

BEVERLY HILLS P.O.

PACIFIC PALISADES

BEACH - NORTH

HOLLYWOOD

BEVERLYWOOD

PALMS - MAR VISTA

REDONDO BEACH - SOUTH

SHADOW HILLS

BRENTWOOD

PLAYA DEL REY

ROLLING HILLS

SHERMAN OAKS

CHEVIOT HILLS - RANCHO PARK

PLAYA VISTA

ROLLING HILLS ESTATES

STUDIO CITY

CULVER CITY

SANTA MONICA

SAN PEDRO

SUN VALLEY

HANCOCK PARK - WILSHIRE

SUNSET STRIP - HOLLYWOOD HILLS WEST

TORRANCE - COUNTY STRIP

SUNLAND - TUJUNGA TARZANA

HOLLYWOOD

VENICE

TORRANCE - NORTH

TOLUCA LAKE

HOLLYWOOD HILLS EAST

WEST HOLLYWOOD

TORRANCE - SOUTHEAST

VALLEY VILLAGE

INGLEWOOD

WEST LOS ANGELES

TORRANCE - SOUTH

WESTLAKE VILLAGE

LADERA HEIGHTS

WESTCHESTER

TORRANCE - WEST

WOODLAND HILLS

LAUREL CANYON

WESTWOOD - CENTURY CITY

SAN FERNANDO MACRO

SAN GABRIEL VALLEY MACRO

LOS FELIZ

SOUTH BAY MACRO

AGOURA HILLS

ALTADENA

MALIBU

EL SEGUNDO

BURBANK

ARCADIA

Micro Market Report : June 2018


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

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

Micro Market Report : June 2018


DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$633,000

$620,000

$650,000

$675,000

6.6%

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

$483

$468

$494

$506

4.8%

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

5323

3907

4082

4724

-11.3%

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

5202

3025

4933

4763

-8.4%

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

17,731

12,963

15,309

18,135

2.3%

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

33

44

34

36

9.1%

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

3.3

3.3

3.8

3.8

15.2%

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

29.3%

23.3%

32.2%

26.3%

-10.5%

$594,792

$649,000

$666,333

$638,546

6.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $633

JUN JUL

$675,000

AUG SEP

MEDIAN SALES PRICE

OCT

$506

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$675 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


BEL-AIR HOLMBY HILLS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,499,800

$2,642,500

$2,550,000

$1,740,000

-30.4%

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

$901

$897

$937

$784

-13.0%

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

23

16

11

13

-43.5%

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

18

8

11

12

-33.3%

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

171

135

148

188

9.9%

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

52

72

74

46

-11.5%

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

7.4

8.4

13.5

14.5

94.5%

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

10.5%

5.9%

7.4%

6.4%

-39.4%

$2,161,111

$3,260,000

$2,579,167

$2,841,120

23.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.499

JUL

$1,740,000

AUG SEP

MEDIAN SALES PRICE

OCT

$784

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

14.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.740 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,690,850

$1,750,000

$1,780,000

$1,803,740

6.7%

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

$759

$845

$789

$769

1.3%

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

22

11

19

19

-13.6%

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

19

13

25

19

0.0%

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

88

65

75

75

-14.8%

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

50

51

35

36

-28.0%

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

4

5.9

3.9

3.9

-1.3%

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

21.6%

20.0%

33.3%

25.3%

17.3%

$1,675,139

$1,829,696

$1,812,913

$1,704,133

1.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.690

JUL

$1,803,740

AUG SEP

MEDIAN SALES PRICE

OCT

$769

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.803 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


BEVERLY HILLS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$4,412,500

$3,475,000

$6,409,000

$7,500,000

70.0%

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

$1,418

$1,234

$1,829

$1,477

4.2%

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

9

9

17

7

-22.2%

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

8

7

9

9

12.5%

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

113

94

98

133

17.7%

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

30

115

29

58

93.3%

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

12.6

10.4

5.8

19

51.3%

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

7.1%

7.4%

9.2%

6.8%

-4.4%

$5,156,721

$5,680,250

$5,826,167

$5,517,288

6.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$4.412

JUL

$7,500,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,477

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

19 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$7.500 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


BEVERLY HILLS- POST OFFICE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$3,853,250

$3,475,000

$2,095,000

$2,662,500

-30.9%

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

$1,166

$1,077

$886

$907

-22.2%

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

18

9

13

18

0.0%

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

17

9

11

11

-35.3%

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

177

144

137

172

-2.8%

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

47

69

63

84

78.7%

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

9.8

16

10.5

9.6

-2.8%

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

9.6%

6.2%

8.0%

6.4%

-33.4%

$3,343,387

$2,644,667

$2,954,167

$3,003,750

-11.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $3.853

JUN JUL

$2,662,500

AUG SEP

MEDIAN SALES PRICE

OCT

$907

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.662 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


BEVERLYWOOD

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,305,000

$1,915,000

$1,610,000

$1,470,000

12.6%

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

$732

$799

$730

$819

11.9%

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

23

8

9

19

-17.4%

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

9

10

19

23

155.6%

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

39

38

50

62

59.0%

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

37

30

39

26

-29.7%

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

1.7

4.8

5.6

3.3

92.4%

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

23.1%

26.3%

38.0%

37.1%

60.8%

$1,284,590

$1,593,050

$1,617,917

$1,541,562

16.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.305

JUL

$1,470,000

AUG SEP

MEDIAN SALES PRICE

OCT

$819

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

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

Micro Market Report : June 2018


BRENTWOOD

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,890,000

$3,615,000

$3,525,000

$4,250,000

47.1%

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

$1,154

$1,067

$1,093

$1,107

-4.1%

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

24

20

24

19

-20.8%

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

27

19

19

27

0.0%

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

144

137

147

178

23.6%

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

45

54

26

62

37.8%

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

6

6.8

6.1

9.4

56.1%

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

18.8%

13.9%

12.9%

15.2%

-19.1%

$3,273,931

$3,218,258

$3,266,667

$3,263,235

-0.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.890

JUL

$4,250,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,107

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$4.250 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CHEVIOT HILLS - RANCHO PARK

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,220,000

$1,818,750

$2,900,000

$2,600,000

17.1%

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

$783

$892

$883

$882

12.6%

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

10

6

7

11

10.0%

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

10

4

7

13

30.0%

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

29

20

20

32

10.3%

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

21

24

47

30

42.9%

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

2.9

3.3

2.9

2.9

0.3%

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

34.5%

20.0%

35.0%

40.6%

17.8%

$2,100,292

$2,226,333

$2,427,167

$2,099,021

-0.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.220

JUL

$2,600,000

AUG SEP

MEDIAN SALES PRICE

OCT

$882

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.600 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CULVER CITY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,000,000

$1,145,000

$1,402,188

$1,385,000

38.5%

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

$889

$803

$893

$892

0.3%

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

19

17

18

21

10.5%

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

23

15

31

28

21.7%

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

63

40

61

71

12.7%

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

26

37

31

21

-19.2%

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

3.3

2.4

3.4

3.4

2.0%

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

36.5%

37.5%

50.8%

39.4%

8.0%

$1,145,958

$1,457,065

$1,510,067

$1,298,568

11.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.000

JUL

$1,385,000

AUG SEP

MEDIAN SALES PRICE

OCT

$892

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

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

Micro Market Report : June 2018


DOWNTOWN

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$359,500

$395,000

$402,500

$426,500

18.6%

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

$272

$283

$420

$383

40.8%

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

6

16

8

8

33.3%

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

10

5

7

8

-20.0%

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

50

44

46

50

0.0%

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

34

47

22

45

32.4%

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

8.3

2.8

5.8

6.2

-25.0%

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

20.0%

11.4%

15.2%

16.0%

-20.0%

$355,799

$398,405

$410,500

$396,110

10.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$359

JUL

$426,500

AUG SEP

MEDIAN SALES PRICE

OCT

$383

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$426 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


HANCOCK PARK - WILSHIRE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,550,000

$1,772,000

$1,585,000

$1,875,000

21.0%

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

$697

$737

$742

$772

10.8%

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

23

25

19

30

30.4%

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

19

11

29

27

42.1%

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

97

73

101

109

12.4%

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

52

50

47

37

-28.8%

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

4.2

2.9

5.3

3.6

-13.8%

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

19.6%

15.1%

28.7%

24.8%

26.5%

$1,662,855

$1,701,875

$1,750,750

$1,705,541

2.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.550

JUL

$1,875,000

AUG SEP

MEDIAN SALES PRICE

OCT

$772

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.875 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


HOLLYWOOD

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$815,000

$992,500

$1,425,000

$996,500

22.3%

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

$752

$588

$634

$647

-14.0%

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

7

10

8

12

71.4%

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

10

5

7

4

-60.0%

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

51

36

48

34

-33.3%

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

37

73

61

46

24.3%

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

7.3

3.6

6

2.8

-61.1%

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

19.6%

13.9%

14.6%

11.8%

-40.0%

$901,504

$1,067,833

$1,078,167

$1,014,298

11.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$815

JUL

$996,500

AUG SEP

MEDIAN SALES PRICE

OCT

$647

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$996 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


HOLLYWOOD HILLS EAST

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,267,700

$1,614,500

$1,721,500

$1,590,000

25.4%

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

$691

$673

$618

$739

6.9%

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

17

16

14

21

23.5%

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

17

7

16

18

5.9%

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

85

65

67

75

-11.8%

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

35

63

51

35

0.0%

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

5

9.3

4.2

3.6

-28.6%

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

20.0%

10.8%

23.9%

24.0%

20.0%

$1,498,058

$1,483,583

$1,485,000

$1,478,977

-1.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.267

JUL

$1,590,000

AUG SEP

MEDIAN SALES PRICE

OCT

$739

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.590 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


INGLEWOOD

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$573,500

$570,000

$555,000

$610,000

6.4%

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

$399

$459

$457

$478

19.8%

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

24

16

31

19

-20.8%

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

17

15

31

24

41.2%

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

58

54

78

73

25.9%

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

29

31

21

30

3.4%

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

3.4

3.6

2.5

3.8

12.6%

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

29.3%

27.8%

39.7%

32.9%

12.2%

$488,481

$592,000

$613,333

$572,369

14.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$573

JUL

$610,000

AUG SEP

MEDIAN SALES PRICE

OCT

$478

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$610 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LADERA HEIGHTS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,200,000

$1,024,450

$1,210,000

$1,279,000

6.6%

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

$414

$492

$447

$446

7.7%

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

5

6

8

1

-80.0%

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

9

2

8

2

-77.8%

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

29

18

17

15

-48.3%

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

53

35

25

14

-73.6%

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

3.2

9

2.1

15

365.5%

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

31.0%

11.1%

47.1%

13.3%

-57.0%

$1,061,646

$1,230,892

$1,201,833

$1,211,908

12.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.200

JUL

$1,279,000

AUG SEP

MEDIAN SALES PRICE

OCT

$446

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

15 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.279 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LAUREL CANYON

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,900,000

$1,977,500

$1,798,750

$1,582,500

-16.7%

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

$907

$749

$803

$775

-14.6%

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

30

20

24

26

-13.3%

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

30

15

31

27

-10.0%

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

165

124

161

185

12.1%

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

47

56

36

49

4.3%

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

5.5

8.3

5.2

6.9

24.6%

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

18.2%

12.1%

19.3%

14.6%

-19.7%

$1,688,695

$1,895,125

$1,649,000

$1,797,558

6.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.900

JUL

$1,582,500

AUG SEP

MEDIAN SALES PRICE

OCT

$775

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.582 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LOS FELIZ

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,775,000

$1,800,000

$1,700,000

$2,200,000

23.9%

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

$881

$773

$689

$783

-11.1%

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

31

9

23

19

-38.7%

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

26

12

24

14

-46.2%

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

100

69

73

71

-29.0%

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

52

67

38

105

101.9%

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

3.8

5.8

3

3.7

-2.8%

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

26.0%

17.4%

32.9%

19.7%

-24.2%

$1,603,743

$1,849,167

$1,890,000

$1,791,808

10.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.775

JUL

$2,200,000

AUG SEP

MEDIAN SALES PRICE

OCT

$783

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.200 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MALIBU

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,637,100

$2,000,000

$2,830,000

$3,225,000

22.3%

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

$1,076

$906

$906

$979

-9.0%

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

22

9

18

11

-50.0%

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

22

9

19

15

-31.8%

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

234

185

190

244

4.3%

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

125

101

119

123

-1.6%

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

10.6

20.6

10.6

22.2

108.5%

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

9.4%

4.9%

10.0%

6.1%

-34.6%

$2,714,675

$2,763,833

$3,335,833

$2,704,902

-0.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.637

JUL

$3,225,000

AUG SEP

MEDIAN SALES PRICE

OCT

$979

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

22.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

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

Micro Market Report : June 2018


MALIBU BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$7,300,000

$14,562,500

$11,000,000

$5,600,000

-23.3%

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

$2,765

$2,638

$3,043

$3,825

38.3%

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

5

2

3

7

40.0%

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

1

5

6

6

500.0%

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

91

72

82

89

-2.2%

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

147

133

74

236

60.5%

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

18.2

36

27.3

12.7

-30.1%

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

1.1%

6.9%

7.3%

6.7%

513.5%

$7,409,937

$7,022,718

$7,320,833

$8,293,370

10.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$7.300

JUL

$5,600,000

AUG SEP

MEDIAN SALES PRICE

OCT

$3,825

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

12.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$5.600 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MARINA DEL REY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,150,000

$2,540,500

$1,450,775

$1,488,000

29.4%

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

$777

$815

$1,068

$764

-1.7%

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

7

10

8

10

42.9%

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

6

5

6

4

-33.3%

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

37

30

28

40

8.1%

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

57

76

19

36

-36.8%

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

5.3

3

3.5

4

-24.3%

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

16.2%

16.7%

21.4%

10.0%

-38.3%

$1,542,752

$1,554,129

$1,548,000

$1,535,906

-0.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.150

JUL

$1,488,000

AUG SEP

MEDIAN SALES PRICE

OCT

$764

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.488 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MID LOS ANGELES

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$685,000

$700,000

$799,000

$780,000

13.9%

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

$450

$495

$461

$510

13.3%

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

41

37

43

33

-19.5%

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

56

27

37

26

-53.6%

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

138

109

115

112

-18.8%

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

38

34

35

21

-44.7%

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

3.4

2.9

2.7

3.4

0.8%

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

40.6%

24.8%

32.2%

23.2%

-42.8%

$648,399

$779,808

$821,817

$751,104

13.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$685

JUL

$780,000

AUG SEP

MEDIAN SALES PRICE

OCT

$510

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$780 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MID WILSHIRE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$879,000

$1,151,500

$1,032,500

$1,000,000

13.8%

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

$520

$582

$491

$425

-18.3%

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

10

2

8

5

-50.0%

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

4

1

4

8

100.0%

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

25

25

20

31

24.0%

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

61

38

37

44

-27.9%

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

2.5

12.5

2.5

6.2

148.0%

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

16.0%

4.0%

20.0%

25.8%

61.3%

$871,025

$1,094,500

$1,088,333

$1,049,000

17.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$879

JUL

$1,000,000

AUG SEP

MEDIAN SALES PRICE

OCT

$425

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


PACIFIC PALISADES

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,865,000

$2,642,855

$3,927,500

$2,867,500

0.1%

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

$1,108

$1,045

$1,186

$1,080

-2.5%

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

25

10

20

18

-28.0%

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

23

5

22

20

-13.0%

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

128

88

102

104

-18.8%

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

44

50

58

36

-18.2%

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

5.1

8.8

5.1

5.8

12.8%

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

18.0%

5.7%

21.6%

19.2%

7.0%

$3,062,288

$3,331,057

$3,335,167

$3,309,208

7.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.865

JUL

$2,867,500

AUG SEP

MEDIAN SALES PRICE

OCT

$1,080

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.867 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


PALMS - MAR VISTA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,560,000

$1,565,000

$1,615,000

$1,450,000

-7.1%

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

$773

$876

$808

$911

17.9%

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

41

20

31

29

-29.3%

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

38

13

34

32

-15.8%

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

90

64

72

108

20.0%

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

19

43

27

24

26.3%

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

2.2

3.2

2.3

3.7

69.7%

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

42.2%

20.3%

47.2%

29.6%

-29.8%

$1,453,793

$1,567,678

$1,546,773

$1,551,895

6.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.560

JUL

$1,450,000

AUG SEP

MEDIAN SALES PRICE

OCT

$911

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.450 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


PLAYA DEL REY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,595,000

$1,339,500

$1,745,000

$1,575,000

-1.3%

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

$690

$438

$660

$636

-7.8%

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

6

1

5

7

16.7%

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

5

3

10

7

40.0%

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

16

21

33

33

106.2%

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

39

63

37

50

28.2%

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

2.7

21

6.6

4.7

76.8%

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

31.2%

14.3%

30.3%

21.2%

-32.1%

$1,430,771

$1,736,546

$1,714,167

$1,640,927

12.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.595

JUL

$1,575,000

AUG SEP

MEDIAN SALES PRICE

OCT

$636

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.575 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


PLAYA VISTA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,990,000

$2,199,500

$2,060,250

$3,231,000

62.4%

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

$709

$718

$706

$852

20.2%

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

5

4

2

3

-40.0%

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

3

0

3

3

0.0%

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

14

7

8

12

-14.3%

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

22

0

61

14

-36.4%

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

2.8

1.8

4

0.2

-91.1%

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

21.4%

0.0%

37.5%

25.0%

16.7%

$1,529,104

$2,771,450

$2,887,333

$2,569,659

68.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.990

JUL

$3,231,000

AUG SEP

MEDIAN SALES PRICE

OCT

$852

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

0.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$3.231 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SANTA MONICA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,510,000

$3,169,000

$2,320,000

$3,015,000

20.1%

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

$1,170

$1,223

$1,018

$1,180

0.9%

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

29

21

18

28

-3.4%

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

26

13

21

19

-26.9%

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

98

81

92

111

13.3%

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

25

43

46

33

32.0%

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

3.4

3.9

5.1

4

17.3%

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

26.5%

16.0%

22.8%

17.1%

-35.5%

$2,380,620

$2,917,208

$3,375,000

$3,077,788

22.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.510

JUL

$3,015,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,180

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$3.015 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SUNSET STRIP - HOLLYWOOD HILLS WEST

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,012,500

$1,915,000

$1,818,750

$1,747,500

-13.2%

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

$873

$856

$854

$890

1.9%

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

50

39

38

46

-8.0%

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

47

30

37

45

-4.3%

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

358

292

343

385

7.5%

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

59

54

48

67

13.6%

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

7.2

7.5

9

8.4

16.9%

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

13.1%

10.3%

10.8%

11.7%

-11.0%

$1,805,020

$1,997,708

$1,854,167

$1,905,500

5.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.012

JUL

$1,747,500

AUG SEP

MEDIAN SALES PRICE

OCT

$890

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.747 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


VENICE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,090,000

$1,937,500

$2,337,000

$2,450,000

17.2%

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

$1,167

$1,171

$980

$1,267

8.6%

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

21

14

12

27

28.6%

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

23

13

17

24

4.3%

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

97

74

94

114

17.5%

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

34

71

42

58

70.6%

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

4.6

5.3

7.8

4.2

-8.6%

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

23.7%

17.6%

18.1%

21.1%

-11.2%

$1,896,178

$2,172,750

$2,265,833

$2,150,135

13.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.090

JUL

$2,450,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,267

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.450 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WEST HOLLYWOOD

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,799,858

$2,225,000

$1,837,500

$1,637,500

-9.0%

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

$949

$872

$960

$1,072

13.0%

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

12

8

12

8

-33.3%

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

15

7

10

10

-33.3%

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

59

37

57

70

18.6%

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

28

42

27

29

3.6%

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

4.9

4.6

4.8

8.7

78.0%

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

25.4%

18.9%

17.5%

14.3%

-43.8%

$1,620,428

$1,901,292

$1,661,333

$1,869,008

13.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.799

JUL

$1,637,500

AUG SEP

MEDIAN SALES PRICE

OCT

$1,072

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.637 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WEST LOS ANGELES

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,110,000

$1,352,500

$1,366,000

$1,384,500

24.7%

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

$865

$644

$750

$822

-5.0%

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

11

10

10

10

-9.1%

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

17

5

10

10

-41.2%

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

47

32

46

47

0.0%

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

31

45

27

34

9.7%

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

4.3

3.2

4.6

4.7

10.0%

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

36.2%

15.6%

21.7%

21.3%

-41.2%

$1,037,479

$1,371,929

$1,448,166

$1,319,371

27.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.110

JUL

$1,384,500

AUG SEP

MEDIAN SALES PRICE

OCT

$822

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.384 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WESTCHESTER

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,099,000

$1,215,000

$1,125,000

$1,350,000

22.8%

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

$673

$647

$738

$685

1.8%

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

37

27

28

35

-5.4%

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

38

28

24

27

-28.9%

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

109

67

70

87

-20.2%

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

21

31

19

26

23.8%

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

2.9

2.5

2.5

2.5

-15.6%

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

34.9%

41.8%

34.3%

31.0%

-11.0%

$1,094,063

$1,215,902

$1,294,288

$1,199,185

9.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.099

JUL

$1,350,000

AUG SEP

MEDIAN SALES PRICE

OCT

$685

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.350 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WESTWOOD - CENTURY CITY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,800,000

$1,823,000

$2,712,500

$1,824,500

1.4%

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

$820

$905

$833

$1,017

24.0%

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

23

10

12

16

-30.4%

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

16

10

14

8

-50.0%

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

58

49

58

55

-5.2%

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

38

46

31

38

0.0%

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

2.5

4.9

4.8

3.4

36.3%

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

27.6%

20.4%

24.1%

14.5%

-47.3%

$1,901,351

$2,287,917

$2,141,500

$2,189,124

15.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.800

JUL

$1,824,500

AUG SEP

MEDIAN SALES PRICE

OCT

$1,017

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.824 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SOUTH BAY MACRO MARKET

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,398,700

$1,228,142

$1,342,500

$1,434,773

2.6%

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

$627

$670

$631

$654

4.4%

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

339

443

225

275

-18.9%

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

296

124

275

259

-12.5%

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

1,029

611

754

936

-9.0%

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

35

39

33

34

-4.4%

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

3

1.4

3.4

3.4

12.1%

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

28.8%

20.3%

36.5%

27.7%

-3.8%

$1,258,998

$1,386,082

$1,443,038

$1,394,661

10.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.398

JUN JUL

$1,434,773

AUG SEP

MEDIAN SALES PRICE

OCT

$654

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.434 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


EL SEGUNDO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,385,500

$1,226,000

$1,500,000

$1,287,500

-7.1%

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

$621

$682

$785

$748

20.5%

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

8

6

9

6

-25.0%

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

10

2

10

5

-50.0%

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

27

19

18

30

11.1%

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

31

26

21

16

-48.4%

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

3.4

0

2

5

48.1%

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

37.0%

10.5%

55.6%

16.7%

-55.0%

$1,284,631

$1,387,833

$1,254,833

$1,344,115

4.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.385

JUL

$1,287,500

AUG SEP

MEDIAN SALES PRICE

OCT

$748

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.287 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


HERMOSA BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,025,000

$2,002,500

$1,927,000

$3,037,000

50.0%

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

$940

$1,596

$883

$1,193

26.9%

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

13

10

6

8

-38.5%

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

12

5

11

8

-33.3%

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

53

29

40

45

-15.1%

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

40

37

37

61

52.5%

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

4.1

2.9

6.7

5.6

38.0%

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

22.6%

17.2%

27.5%

17.8%

-21.5%

$1,842,638

$2,151,521

$2,502,375

$2,087,740

13.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.025

JUL

$3,037,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,193

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$3.037 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MANHATTAN BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,687,000

$2,600,000

$2,240,000

$2,550,000

-5.1%

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

$1,022

$1,068

$1,049

$1,059

3.6%

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

52

23

27

42

-19.2%

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

35

18

36

37

5.7%

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

152

89

109

131

-13.8%

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

54

66

32

51

-5.6%

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

2.9

3.9

4

3.1

6.7%

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

23.0%

20.2%

33.0%

28.2%

22.7%

$2,259,125

$2,450,833

$2,633,333

$2,518,962

11.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.687

JUL

$2,550,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,059

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.550 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


PALOS VERDES ESTATES

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,300,000

$1,841,000

$1,984,000

$2,300,000

0.0%

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

$718

$750

$734

$734

2.2%

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

15

10

20

23

53.3%

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

13

11

16

23

76.9%

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

104

59

76

104

0.0%

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

40

75

61

27

-32.5%

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

6.9

5.9

3.8

4.5

-34.8%

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

12.5%

18.6%

21.1%

22.1%

76.9%

$1,981,050

$1,893,833

$2,028,833

$1,901,596

-4.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.300

JUN JUL

$2,300,000

AUG SEP

MEDIAN SALES PRICE

OCT

$734

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.300 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


RANCHO PALOS VERDES

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,315,000

$1,245,000

$1,350,000

$1,527,500

16.2%

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

$574

$592

$524

$590

2.8%

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

62

30

29

50

-19.4%

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

48

18

46

41

-14.6%

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

161

105

133

160

-0.6%

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

24

46

29

27

12.5%

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

2.6

3.5

4.6

3.2

23.2%

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

29.8%

17.1%

34.6%

25.6%

-14.0%

$1,292,625

$1,412,088

$1,483,333

$1,400,810

8.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.315

JUL

$1,527,500

AUG SEP

MEDIAN SALES PRICE

OCT

$590

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.527 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


REDONDO BEACH- NORTH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,049,000

$1,014,000

$979,000

$1,090,000

3.9%

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

$631

$605

$666

$681

7.9%

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

21

18

11

15

-28.6%

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

18

8

19

13

-27.8%

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

52

27

32

38

-26.9%

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

22

26

9

27

22.7%

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

2.5

1.5

2.9

2.5

2.3%

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

34.6%

29.6%

59.4%

34.2%

-1.2%

$967,042

$1,087,333

$1,150,000

$1,037,615

7.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.049

JUL

$1,090,000

AUG SEP

MEDIAN SALES PRICE

OCT

$681

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

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

Micro Market Report : June 2018


REDONDO BEACH- SOUTH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,505,000

$1,325,000

$1,650,000

$1,735,000

15.3%

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

$873

$663

$696

$697

-20.2%

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

21

16

20

17

-19.0%

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

22

9

24

13

-40.9%

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

68

35

53

41

-39.7%

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

44

56

30

42

-4.5%

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

3.2

2.2

2.6

2.4

-25.5%

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

32.4%

25.7%

45.3%

31.7%

-2.0%

$1,398,665

$1,671,104

$1,802,250

$1,570,933

12.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.505

JUL

$1,735,000

AUG SEP

MEDIAN SALES PRICE

OCT

$697

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.735 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ROLLING HILLS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,437,500

$0

$2,062,500

$2,461,000

1.0%

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

$717

$0

$616

$582

-18.8%

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

4

239

2

2

-50.0%

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

1

3

2

2

100.0%

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

30

30

31

41

36.7%

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

74

0

94

88

18.9%

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

7.5

0.1

15.5

20.5

173.3%

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

3.3%

10.0%

6.5%

4.9%

46.3%

$2,106,563

$2,566,833

$2,729,500

$2,876,300

36.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.437

JUL

$2,461,000

AUG SEP

MEDIAN SALES PRICE

OCT

$582

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

20.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.461 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ROLLING HILLS ESTATES

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,708,500

$1,340,000

$1,848,000

$1,607,000

-5.9%

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

$622

$618

$552

$551

-11.4%

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

8

3

7

5

-37.5%

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

11

3

7

7

-36.4%

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

44

19

24

29

-34.1%

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

50

66

48

23

-54.0%

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

5.5

6.3

3.4

5.8

5.5%

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

25.0%

15.8%

29.2%

24.1%

-3.4%

$1,550,709

$1,710,083

$1,665,000

$1,638,615

5.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.708

JUL

$1,607,000

AUG SEP

MEDIAN SALES PRICE

OCT

$551

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

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

Micro Market Report : June 2018


SAN PEDRO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$680,000

$607,500

$620,000

$708,000

4.1%

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

$415

$442

$461

$423

1.9%

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

33

26

35

31

-6.1%

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

51

14

33

24

-52.9%

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

146

81

89

95

-34.9%

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

41

56

26

26

-36.6%

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

4.4

3.1

2.5

3.1

-30.7%

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

34.9%

17.3%

37.1%

25.3%

-27.7%

$632,667

$678,417

$694,333

$668,231

5.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $680

JUN JUL

$708,000

AUG SEP

MEDIAN SALES PRICE

OCT

$423

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$708 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


TORRANCE- COUNTY STRIP

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$540,500

$575,000

$609,000

$569,000

5.3%

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

$366

$335

$439

$431

17.8%

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

6

4

7

9

50.0%

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

5

2

5

8

60.0%

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

18

11

11

17

-5.6%

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

32

13

23

25

-21.9%

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

3

2.8

1.6

1.9

-37.0%

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

27.8%

18.2%

45.5%

47.1%

69.4%

$520,138

$557,333

$587,500

$552,846

6.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$540

JUL

$569,000

AUG SEP

MEDIAN SALES PRICE

OCT

$431

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$569 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


TORRANCE- NORTH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$670,000

$675,000

$720,000

$727,500

8.6%

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

$462

$487

$484

$502

8.7%

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

21

19

11

14

-33.3%

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

18

12

15

28

55.6%

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

37

26

36

63

70.3%

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

15

30

26

30

100.0%

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

1.8

1.4

3.3

4.5

155.4%

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

48.6%

46.2%

41.7%

44.4%

-8.6%

$641,813

$723,208

$734,833

$699,712

9.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$670

JUL

$727,500

AUG SEP

MEDIAN SALES PRICE

OCT

$502

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$727 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


TORRANCE- SOUTH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$990,000

$1,039,000

$1,050,000

$995,000

0.5%

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

$500

$522

$538

$574

14.8%

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

30

19

17

20

-33.3%

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

16

6

18

21

31.2%

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

60

29

40

57

-5.0%

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

14

17

18

20

42.9%

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

2

1.5

2.4

2.8

42.5%

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

26.7%

20.7%

45.0%

36.8%

38.2%

$910,136

$975,750

$952,667

$970,038

6.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $990

JUN JUL

$995,000

AUG SEP

MEDIAN SALES PRICE

OCT

$574

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$995 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


TORRANCE- SOUTHEAST

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$772,500

$773,990

$690,000

$700,000

-9.4%

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

$423

$422

$475

$481

13.7%

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

24

7

11

14

-41.7%

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

18

6

15

12

-33.3%

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

44

31

32

51

15.9%

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

23

21

25

21

-8.7%

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

1.8

4.4

2.9

3.6

98.7%

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

40.9%

19.4%

46.9%

23.5%

-42.5%

$651,188

$711,083

$711,500

$735,538

13.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $772

JUN JUL

$700,000

AUG SEP

MEDIAN SALES PRICE

OCT

$481

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$700 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


TORRANCE- WEST

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$915,000

$930,000

$908,000

$935,000

2.2%

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

$521

$604

$558

$569

9.2%

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

21

13

13

19

-9.5%

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

18

7

18

17

-5.6%

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

33

21

30

34

3.0%

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

22

12

12

19

-13.6%

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

1.6

1.6

2.3

1.8

13.9%

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

54.5%

33.3%

60.0%

50.0%

-8.3%

$845,979

$931,958

$951,250

$916,865

8.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $915

JUN JUL

$935,000

AUG SEP

MEDIAN SALES PRICE

OCT

$569

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$935 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SAN FERNANDO VALLEY MACRO MARKET

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,064,625

$1,047,882

$1,110,882

$1,055,647

-0.8%

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

$480

$475

$497

$523

9.1%

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

33

26

27

36

11.3%

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

35

23

32

36

4.2%

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

72

42

56

75

3.7%

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

51

54

53

51

0.5%

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

2.2

1.6

2.1

2.1

-6.9%

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

47.9%

53.7%

56.0%

48.1%

0.5%

$943,446

$1,037,176

$1,053,275

$982,472

4.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.064

JUN JUL

$1,055,647

AUG SEP

MEDIAN SALES PRICE

OCT

$523

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.055 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


AGOURA HILLS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,103,000

$1,065,000

$845,000

$1,130,000

2.4%

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

$391

$411

$382

$406

3.8%

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

26

17

19

29

11.5%

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

24

15

12

29

20.8%

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

60

48

53

70

16.7%

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

68

65

70

102

50.0%

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

2.3

2.8

2.8

2.4

4.6%

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

40.0%

31.2%

22.6%

41.4%

3.6%

$915,000

$933,667

$989,000

$963,154

5.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.103

JUN JUL

$1,130,000

AUG SEP

MEDIAN SALES PRICE

OCT

$406

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.130 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


BURBANK

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$813,000

$880,000

$851,000

$879,000

8.1%

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

$525

$520

$556

$569

8.4%

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

54

45

54

52

-3.7%

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

65

36

46

53

-18.5%

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

83

25

51

79

-4.8%

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

30

39

30

27

-10.0%

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

1.5

0.6

0.9

1.5

-1.2%

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

78.3%

144.0%

90.2%

67.1%

-14.3%

$768,917

$849,833

$871,667

$826,923

7.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $813

JUN JUL

$879,000

AUG SEP

MEDIAN SALES PRICE

OCT

$569

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$879 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CALABASAS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,205,000

$1,513,000

$1,185,000

$1,467,000

21.7%

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

$510

$435

$503

$499

-2.2%

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

26

16

21

26

0.0%

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

33

9

34

23

-30.3%

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

101

49

88

109

7.9%

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

67

108

65

88

31.3%

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

3.9

3.1

4.2

4.2

7.9%

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

32.7%

18.4%

38.6%

21.1%

-35.4%

$1,372,500

$1,411,167

$1,407,333

$1,389,615

1.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.205

JUL

$1,467,000

AUG SEP

MEDIAN SALES PRICE

OCT

$499

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.467 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ENCINO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,400,000

$1,599,000

$1,459,000

$1,521,000

8.6%

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

$495

$572

$531

$631

27.5%

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

51

31

33

42

-17.6%

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

56

33

52

43

-23.2%

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

112

65

86

126

12.5%

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

63

52

54

46

-27.0%

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

2.2

2.1

2.6

3

36.6%

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

50.0%

50.8%

60.5%

34.1%

-31.7%

$1,265,583

$1,493,000

$1,388,000

$1,431,692

13.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.400

JUL

$1,521,000

AUG SEP

MEDIAN SALES PRICE

OCT

$631

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.521 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


GLENDALE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,057,000

$982,000

$964,000

$1,055,000

-0.2%

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

$499

$514

$484

$535

7.2%

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

72

52

28

61

-15.3%

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

63

53

40

68

7.9%

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

102

68

80

91

-10.8%

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

38

33

66

40

5.3%

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

1.9

1

2.5

1.4

-24.3%

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

61.2%

79.3%

63.6%

61.8%

0.9%

$891,000

$998,000

$1,077,333

$962,833

8.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$968

JUL

$1,055,000

AUG SEP

MEDIAN SALES PRICE

OCT

$535

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.057 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LA CRESCENTA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$740,000

$833,000

$859,000

$845,000

14.2%

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

$517

$530

$507

$544

5.2%

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

21

14

21

36

71.4%

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

16

17

23

30

87.5%

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

31

14

15

24

-22.6%

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

52

44

38

41

-21.2%

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

1.5

1

0.7

0.7

-54.8%

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

51.6%

121.4%

153.3%

125.0%

142.2%

$817,667

$943,500

$965,667

$887,846

8.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$740

JUL

$845,000

AUG SEP

MEDIAN SALES PRICE

OCT

$544

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

0.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$845 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


NORTH HOLLYWOOD

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$593,000

$613,000

$670,000

$636,000

7.3%

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

$445

$451

$447

$460

3.4%

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

46

34

27

48

4.3%

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

30

25

28

43

43.3%

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

52

32

45

46

-11.5%

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

47

32

37

35

-25.5%

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

1.1

0.9

1.7

1

-15.2%

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

57.7%

78.1%

62.2%

93.5%

62.0%

$546,250

$642,833

$649,667

$617,846

13.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$593

JUL

$636,000

AUG SEP

MEDIAN SALES PRICE

OCT

$460

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$636 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SHADOW HILLS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$750,000

$1,183,000

$900,000

$925,000

23.3%

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

$357

$282

$374

$511

43.1%

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

3

1

7

3

0.0%

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

1

0

8

8

700.0%

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

10

14

11

10

0.0%

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

29

24

31

30

3.4%

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

3.3

14

1.6

3.3

0.0%

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

10.0%

0.0%

72.7%

80.0%

700.0%

$793,333

$605,000

$910,000

$741,462

-6.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$750

JUL

$925,000

AUG SEP

MEDIAN SALES PRICE

OCT

$511

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$925 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SHERMAN OAKS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,245,000

$1,280,000

$1,325,000

$1,153,000

-7.4%

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

$548

$548

$590

$568

3.6%

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

72

39

51

65

-9.7%

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

61

33

60

66

8.2%

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

152

67

102

126

-17.1%

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

53

63

46

46

-13.2%

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

2.1

1.7

2

1.9

-8.2%

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

40.1%

49.3%

58.8%

52.4%

30.5%

$1,177,917

$1,267,667

$1,277,333

$1,216,308

3.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.245

JUL

$1,153,000

AUG SEP

MEDIAN SALES PRICE

OCT

$568

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.153 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


STUDIO CITY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,340,000

$1,220,000

$1,580,000

$1,513,000

12.9%

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

$691

$654

$648

$656

-5.1%

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

31

29

33

36

16.1%

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

36

19

34

36

0.0%

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

84

54

60

87

3.6%

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

52

65

44

40

-23.1%

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

2.7

1.9

1.8

2.4

-10.8%

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

42.9%

35.2%

56.7%

41.4%

-3.4%

$1,433,333

$1,570,500

$1,537,667

$1,437,000

0.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.340

JUL

$1,513,000

AUG SEP

MEDIAN SALES PRICE

OCT

$656

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.513 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SUN VALLEY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$524,000

$596,000

$545,000

$553,000

5.5%

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

$343

$398

$391

$461

34.4%

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

14

15

21

14

0.0%

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

22

17

22

18

-18.2%

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

21

19

20

24

14.3%

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

56

40

42

26

-53.6%

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

1.5

1.3

1

1.7

14.3%

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

104.8%

89.5%

110.0%

75.0%

-28.4%

Average Median Price for Last 12 Months

$498,583

$541,667

$542,000

$550,769

10.5%

*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

$524

JUL

$553,000

AUG SEP

MEDIAN SALES PRICE

OCT

$461

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$553 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SUNLAND/TUJUNGA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$593,000

$584,000

$612,000

$577,000

-2.7%

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

$421

$432

$462

$432

2.6%

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

26

14

10

15

-42.3%

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

18

16

16

21

16.7%

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

22

12

15

35

59.1%

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

30

27

68

40

33.3%

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

0.8

0.9

1.5

2.3

175.8%

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

81.8%

133.3%

106.7%

60.0%

-26.7%

$586,417

$610,833

$613,000

$582,462

-0.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$593

JUL

$577,000

AUG SEP

MEDIAN SALES PRICE

OCT

$432

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$577 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


TARZANA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$927,000

$966,000

$1,125,000

$1,205,000

30.0%

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

$422

$407

$409

$437

3.6%

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

28

21

35

27

-3.6%

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

43

16

31

37

-14.0%

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

86

62

79

111

29.1%

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

68

63

49

53

-22.1%

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

3.1

3

2.3

4.1

33.9%

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

50.0%

25.8%

39.2%

33.3%

-33.3%

$1,051,167

$1,138,333

$1,217,333

$1,091,846

3.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$927

JUL

$1,205,000

AUG SEP

MEDIAN SALES PRICE

OCT

$437

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.205 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


TOLUCA LAKE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,950,000

$1,425,000

$2,368,000

$1,208,000

-59.1%

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

$648

$547

$689

$802

23.8%

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

5

9

2

8

60.0%

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

7

5

6

9

28.6%

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

16

11

15

26

62.5%

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

46

89

69

139

202.2%

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

3.2

1.2

7.5

3.2

1.6%

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

43.8%

45.5%

40.0%

34.6%

-20.9%

$1,622,417

$1,445,333

$1,207,000

$1,528,077

-5.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.950

JUN JUL

$1,208,000

AUG SEP

MEDIAN SALES PRICE

OCT

$802

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.208 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


VALLEY VILLAGE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$996,000

$1,045,000

$1,074,000

$1,077,000

8.1%

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

$508

$530

$618

$566

11.4%

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

14

15

14

18

28.6%

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

24

10

15

15

-37.5%

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

38

7

18

26

-31.6%

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

44

48

55

25

-43.2%

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

2.7

0.5

1.3

1.4

-46.8%

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

63.2%

142.9%

83.3%

57.7%

-8.7%

$924,333

$1,087,667

$1,180,000

$1,041,692

12.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$996

JUL

$1,077,000

AUG SEP

MEDIAN SALES PRICE

OCT

$566

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.077 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WESTLAKE VILLAGE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,060,000

$1,190,000

$1,618,000

$1,355,000

27.8%

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

$448

$455

$470

$455

1.6%

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

31

23

28

42

35.5%

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

31

23

39

42

35.5%

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

117

80

102

114

-2.6%

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

61

68

68

49

-19.7%

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

3.8

3.5

3.6

2.7

-28.1%

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

26.5%

28.7%

38.2%

36.8%

39.0%

$1,239,583

$1,223,500

$1,215,000

$1,221,615

-1.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.060

JUL

$1,355,000

AUG SEP

MEDIAN SALES PRICE

OCT

$455

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.355 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WOODLAND HILLS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$795,000

$840,000

$905,000

$845,000

6.3%

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

$406

$381

$382

$402

-1.0%

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

72

63

57

82

13.9%

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

85

59

70

75

-11.8%

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

167

92

117

154

-7.8%

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

49

63

69

45

-8.2%

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

2.3

1.5

2.1

1.9

-19.0%

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

50.9%

64.1%

59.8%

48.7%

-4.3%

$831,333

$869,167

$857,000

$837,846

0.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$795

JUL

$845,000

AUG SEP

MEDIAN SALES PRICE

OCT

$402

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$845 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SAN GABRIEL VALLEY MACRO MARKET

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,090,417

$981,667

$1,144,417

$1,155,500

6.0%

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

$544

$559

$581

$614

12.8%

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

31

24

23

27

-12.9%

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

29

22

28

28

-2.0%

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

61

43

53

68

12.2%

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

36

48

49

38

6.8%

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

2

1.8

2.3

2.5

28.9%

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

47.1%

51.5%

52.8%

41.1%

-12.7%

$1,054,840

$1,129,167

$1,130,806

$1,093,468

3.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.090

JUN JUL

$1,155,500

AUG SEP

MEDIAN SALES PRICE

OCT

$614

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.155 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ALHAMBRA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$685,000

$700,000

$798,000

$715,000

4.4%

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

$432

$490

$503

$517

19.7%

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

27

13

14

23

-14.8%

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

21

8

16

20

-4.8%

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

17

23

25

30

76.5%

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

29

28

30

26

-10.3%

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

0.6

1.8

1.8

1.3

107.2%

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

123.5%

34.8%

64.0%

66.7%

-46.0%

Average Median Price for Last 12 Months

$650,917

$729,667

$712,000

$706,462

8.5%

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

CURRENT MARKET SNAPSHOT JUN

$685

JUL

$715,000

AUG SEP

MEDIAN SALES PRICE

OCT

$517

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$715 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ALTADENA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$793,000

$773,000

$765,000

$815,000

2.8%

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

$467

$467

$508

$500

7.1%

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

38

20

39

42

10.5%

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

42

29

43

41

-2.4%

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

39

26

49

58

48.7%

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

29

38

36

41

41.4%

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

1

1.3

1.3

1.4

34.6%

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

107.7%

111.5%

87.8%

70.7%

-34.4%

Average Median Price for Last 12 Months

$786,583

$808,500

$800,000

$810,231

3.0%

*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

$793

JUL

$815,000

AUG SEP

MEDIAN SALES PRICE

OCT

$500

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$815 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ARCADIA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,203,000

$1,414,000

$1,510,000

$1,375,000

14.3%

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

$552

$581

$599

$600

8.7%

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

44

32

33

51

15.9%

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

40

29

47

36

-10.0%

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

227

152

197

220

-3.1%

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

36

49

71

56

55.6%

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

5.2

4.8

6

4.3

-16.4%

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

17.6%

19.1%

23.9%

16.4%

-7.1%

$1,292,750

$1,410,000

$1,310,000

$1,354,923

4.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.203

JUL

$1,375,000

AUG SEP

MEDIAN SALES PRICE

OCT

$600

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

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

Micro Market Report : June 2018


DUARTE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$542,000

$530,000

$643,000

$589,000

8.7%

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

$356

$385

$361

$431

21.1%

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

25

13

14

15

-40.0%

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

19

7

15

17

-10.5%

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

27

21

12

26

-3.7%

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

34

26

48

14

-58.8%

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

1.1

1.6

0.9

1.7

60.5%

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

70.4%

33.3%

125.0%

65.4%

-7.1%

$486,083

$551,500

$548,000

$536,000

10.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$542

JUL

$589,000

AUG SEP

MEDIAN SALES PRICE

OCT

$431

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$589 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


EAGLE ROCK

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$824,000

$863,000

$857,000

$805,000

-2.3%

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

$510

$540

$583

$692

35.7%

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

13

22

13

5

-61.5%

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

4

23

14

6

50.0%

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

9

16

21

7

-22.2%

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

43

39

26

40

-7.0%

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

0.7

0.7

1.6

1.4

102.2%

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

44.4%

143.8%

66.7%

85.7%

92.9%

$793,917

$907,000

$878,667

$882,692

11.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$824

JUL

$805,000

AUG SEP

MEDIAN SALES PRICE

OCT

$692

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$805 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LA CANADA FLINTRIDGE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,888,000

$1,011,000

$2,079,000

$2,200,000

16.5%

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

$626

$625

$688

$674

7.7%

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

30

39

15

25

-16.7%

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

20

37

24

29

45.0%

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

52

41

50

64

23.1%

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

45

44

33

57

26.7%

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

1.7

1.1

3.3

2.6

47.7%

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

38.5%

90.2%

48.0%

45.3%

17.8%

$1,808,833

$1,907,833

$1,947,667

$1,783,769

-1.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.888

JUL

$2,200,000

AUG SEP

MEDIAN SALES PRICE

OCT

$674

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.200 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MONROVIA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$725,000

$795,000

$713,000

$751,000

3.6%

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

$436

$498

$499

$493

13.1%

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

32

48

22

21

-34.4%

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

38

45

19

35

-7.9%

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

48

40

31

46

-4.2%

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

38

41

27

39

2.6%

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

1.5

0.8

1.4

2.2

46.0%

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

79.2%

112.5%

61.3%

76.1%

-3.9%

$658,083

$713,667

$737,667

$722,077

9.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$725

JUL

$751,000

AUG SEP

MEDIAN SALES PRICE

OCT

$493

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$751 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


PASADENA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$950,000

$983,000

$1,100,000

$963,000

1.4%

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

$567

$607

$587

$596

5.1%

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

103

56

69

88

-14.6%

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

94

43

96

96

2.1%

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

165

110

154

198

20.0%

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

48

37

44

41

-14.6%

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

1.6

2

2.2

2.2

40.5%

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

57.0%

39.1%

62.3%

48.5%

-14.9%

$864,833

$1,010,167

$1,034,000

$978,538

13.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$950

JUL

$963,000

AUG SEP

MEDIAN SALES PRICE

OCT

$596

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$963 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SAN GABRIEL

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$785,000

$800,000

$785,000

$789,000

0.5%

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

$479

$497

$490

$509

6.3%

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

19

17

22

23

21.1%

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

29

21

22

25

-13.8%

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

54

32

26

59

9.3%

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

32

50

57

23

-28.1%

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

2.8

1.9

1.2

2.6

-9.7%

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

53.7%

65.6%

84.6%

42.4%

-21.1%

$741,250

$786,667

$754,000

$799,077

7.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$785

JUL

$789,000

AUG SEP

MEDIAN SALES PRICE

OCT

$509

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$789 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SAN MARINO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,345,000

$1,807,000

$1,760,000

$2,100,000

-10.4%

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

$882

$964

$934

$906

2.7%

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

12

12

9

9

-25.0%

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

14

9

11

13

-7.1%

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

55

27

41

66

20.0%

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

38

105

90

44

15.8%

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

4.6

2.2

4.6

7.3

60.0%

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

25.5%

33.3%

26.8%

19.7%

-22.6%

$2,206,667

$2,125,833

$2,167,333

$2,104,077

-4.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.345

JUN JUL

$2,100,000

AUG SEP

MEDIAN SALES PRICE

OCT

$906

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.100 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SIERRA MADRE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$975,000

$820,000

$1,098,000

$1,434,000

47.1%

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

$517

$492

$468

$651

25.9%

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

13

11

12

8

-38.5%

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

9

6

16

6

-33.3%

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

24

15

15

29

20.8%

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

35

52

93

37

5.7%

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

1.8

1.4

1.2

3.6

96.4%

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

37.5%

40.0%

106.7%

20.7%

-44.8%

$1,056,500

$1,064,000

$1,256,000

$1,037,077

-1.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$975

JUL

$1,434,000

AUG SEP

MEDIAN SALES PRICE

OCT

$651

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.434 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SOUTH PASADENA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,370,000

$1,284,000

$1,625,000

$1,330,000

-2.9%

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

$704

$567

$748

$794

12.8%

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

15

5

10

13

-13.3%

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

14

6

12

13

-7.1%

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

13

8

14

16

23.1%

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

19

67

32

37

94.7%

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

0.9

1.6

1.4

1.2

42.0%

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

107.7%

75.0%

85.7%

81.2%

-24.6%

$1,311,667

$1,535,167

$1,424,333

$1,406,692

7.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$1.370

JUL

$1,330,000

AUG SEP

MEDIAN SALES PRICE

OCT

$794

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.330 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ORANGE COUNTY

ORANGE COUNTY MACRO

IRVINE

NEWPORT HEIGHTS

ALISO VIEJO

LADERA RANCH

RANCHO SANTA MARGARITA

BALBOA PENINSULA

LAGUNA BEACH

SAN CLEMENTE

CORONA DEL MAR - SPYGLASS

LAGUNA HILLS

SAN JUAN CAPISTRANO

COTO DE CAZA

LAGUNA NIGUEL

SEAL BEACH

CRYSTAL COVE

LAGUNA WOODS

SHADY CANYON

DANA POINT

LOWER NEWPORT BAY - BALBOA ISLAND

TURTLE RIDGE

EAST BLUFF - HARBOR VIEW

MISSION VIEJO

TURTLE ROCK

EAST COSTA MESA

NELLE GAIL

WESTMINSTER

FOUNTAIN VALLEY

NEWPORT BEACH

WEST BAY - SANTA ANA HEIGHTS

HUNTINGTON BEACH

NEWPORT COAST

WEST NEWPORT - LIDO

Micro Market Report : June 2018


COUNTY: ORANGE AREA: 948 SQ MILES FOUNDED: 1889

Micro Market Report : June 2018


ORANGE COUNTY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$790,000

$785,000

$820,000

$829,500

5.0%

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

$450

$479

$471

$496

10.2%

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

2066

1365

1601

1864

-9.8%

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

1959

1068

1864

1741

-11.1%

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

6,880

4,175

5,593

6,890

0.1%

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

40

52

36

38

-5.0%

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

3.3

3.1

3.5

3.7

11.0%

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

28.5%

25.6%

33.3%

25.3%

-11.3%

$750,621

$810,917

$823,167

$796,000

6.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $790

JUN JUL

$829,500

AUG SEP

MEDIAN SALES PRICE

OCT

$496

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$829 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ALISO VIEJO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$815,000

$780,000

$817,500

$900,000

10.4%

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

$394

$401

$429

$427

8.4%

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

31

9

12

21

-32.3%

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

26

6

19

17

-34.6%

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

64

15

39

63

-1.6%

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

48

52

13

28

-41.7%

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

2.1

1.7

3.2

3

45.3%

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

40.6%

40.0%

48.7%

27.0%

-33.6%

$799,579

$847,408

$866,650

$828,262

3.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$815

JUL

$900,000

AUG SEP

MEDIAN SALES PRICE

OCT

$427

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$900 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


BALBOA PENINSULA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,712,500

$2,675,000

$12,300,000

$2,965,000

9.3%

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

$1,408

$1,515

$1,864

$1,639

16.4%

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

9

7

1

5

-44.4%

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

4

8

7

7

75.0%

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

42

34

44

52

23.8%

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

122

75

70

49

-59.8%

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

4.7

4.9

44

10.4

122.9%

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

9.5%

23.5%

15.9%

13.5%

41.3%

$3,242,875

$5,126,417

$3,531,167

$3,884,308

19.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.712

JUL

$2,965,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,639

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

10.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.965 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CORONA DEL MAR - SPYGLASS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$2,875,000

$2,803,000

$3,214,062

$2,950,000

2.6%

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

$1,347

$1,219

$1,156

$1,114

-17.3%

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

13

13

12

15

15.4%

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

11

11

12

11

0.0%

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

83

63

81

95

14.5%

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

86

85

75

101

17.4%

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

6.4

4.8

6.8

6.3

-0.8%

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

13.3%

17.5%

14.8%

11.6%

-12.6%

$2,862,158

$3,408,510

$3,361,667

$3,059,851

6.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$2.875

JUL

$2,950,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,114

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.950 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


COTO DE CAZA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,615,500

$1,300,000

$1,050,000

$1,370,000

-15.2%

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

$391

$329

$375

$391

0.0%

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

32

13

24

19

-40.6%

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

17

10

23

23

35.3%

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

120

75

122

145

20.8%

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

56

54

53

39

-30.4%

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

3.8

5.8

5.1

7.6

103.5%

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

14.2%

13.3%

18.9%

15.9%

12.0%

$1,208,169

$1,292,921

$1,364,167

$1,283,271

6.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.615

JUN JUL

$1,370,000

AUG SEP

MEDIAN SALES PRICE

OCT

$391

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.370 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CRYSTAL COVE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$4,900,000

$6,891,532

$21,000,000

$8,712,500

77.8%

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

$1,195

$1,071

$1,842

$1,334

11.6%

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

1

4

1

6

500.0%

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

5

3

1

4

-20.0%

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

23

23

21

32

39.1%

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

193

77

48

22

-88.6%

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

23

5.8

21

5.3

-76.8%

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

21.7%

13.0%

4.8%

12.5%

-42.5%

$6,253,979

$9,157,083

$7,847,500

$8,209,503

31.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$4.900

JUL

$8,712,500

AUG SEP

MEDIAN SALES PRICE

OCT

$1,334

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$8.712 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


DANA POINT

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$997,500

$1,075,000

$1,265,000

$1,185,000

18.8%

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

$663

$627

$667

$816

23.1%

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

36

18

33

37

2.8%

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

34

18

40

38

11.8%

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

204

127

167

196

-3.9%

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

71

92

56

52

-26.8%

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

5.7

7.1

5.1

5.3

-6.5%

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

16.7%

14.2%

24.0%

19.4%

16.3%

$1,011,896

$1,203,250

$1,277,500

$1,173,308

16.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT JUN

$997

JUL

$1,185,000

AUG SEP

MEDIAN SALES PRICE

OCT

$816

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.185 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


EAST BLUFF - HARBOR VIEW

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

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

$1,800,000

$1,877,500

$1,985,000

$1,910,750

6.2%

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

$675

$723

$704

$743

10.1%

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

23

19

17

20

-13.0%

Properties Pending Sale .......................

22

10

23

21

-4.5%

Properties For Sale ..............................

122

80

110

116

-4.9%

Days on Market (Pending Sale) .............

57

97

64

59

3.5%

Month’s Supply of Inventory .................

5.3

4.2

6.5

5.8

9.3%

Percent Under Contract .......................

18.0%

12.5%

20.9%

18.1%

0.4%

$1,885,468

$2,188,875

$1,967,750

$2,102,481

11.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.800

JUL

$1,910,750

AUG SEP

MEDIAN SALES PRICE

OCT

$743

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.910 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


EAST COSTA MESA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,105,000

$1,125,000

$1,260,000

$1,168,000

5.7%

Average Price per Square Foot ..............

$580

$532

$592

$630

8.6%

Properties Sold ...................................

26

13

23

22

-15.4%

Properties Pending Sale .......................

17

14

14

15

-11.8%

Properties For Sale ..............................

76

53

58

85

11.8%

Days on Market (Pending Sale) .............

37

60

31

58

56.8%

Month’s Supply of Inventory .................

2.9

4.1

2.5

3.9

32.2%

Percent Under Contract .......................

22.4%

26.4%

24.1%

17.6%

-21.1%

$1,037,945

$1,100,083

$1,080,833

$1,060,836

2.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.105

JUL

$1,168,000

AUG SEP

MEDIAN SALES PRICE

OCT

$630

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.168 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


FOUNTAIN VALLEY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$787,000

$769,500

$823,000

$855,000

8.6%

Average Price per Square Foot ..............

$391

$421

$412

$420

7.4%

Properties Sold ...................................

46

18

28

42

-8.7%

Properties Pending Sale .......................

37

17

28

26

-29.7%

Properties For Sale ..............................

77

43

62

83

7.8%

Days on Market (Pending Sale) .............

23

34

19

24

4.3%

Month’s Supply of Inventory .................

1.7

2.4

2.2

2

18.1%

Percent Under Contract .......................

48.1%

39.5%

45.2%

31.3%

-34.8%

$772,683

$825,083

$830,000

$798,077

3.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $787

JUN JUL

$855,000

AUG SEP

MEDIAN SALES PRICE

OCT

$420

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$855 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


HUNTINGTON BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$910,000

$875,000

$847,000

$895,000

-1.6%

Average Price per Square Foot ..............

$502

$529

$506

$500

-0.4%

Properties Sold ...................................

109

90

99

105

-3.7%

Properties Pending Sale .......................

130

58

118

84

-35.4%

Properties For Sale ..............................

369

201

282

318

-13.8%

Days on Market (Pending Sale) .............

31

45

35

35

12.9%

Month’s Supply of Inventory .................

3.4

2.2

2.8

3

-10.5%

Percent Under Contract .......................

35.2%

28.9%

41.8%

26.4%

-25.0%

$825,917

$887,500

$896,000

$887,577

7.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $910

JUN JUL

$895,000

AUG SEP

MEDIAN SALES PRICE

OCT

$500

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$895 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


IRVINE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,019,000

$1,130,000

$1,200,000

$1,180,000

15.8%

Average Price per Square Foot ..............

$486

$479

$480

$517

6.4%

Properties Sold ...................................

118

97

93

116

-1.7%

Properties Pending Sale .......................

108

60

111

104

-3.7%

Properties For Sale ..............................

472

273

387

507

7.4%

Days on Market (Pending Sale) .............

48

43

37

41

-14.6%

Month’s Supply of Inventory .................

4

2.8

4.2

4.4

9.3%

Percent Under Contract .......................

22.9%

22.0%

28.7%

20.5%

-10.4%

$1,076,374

$1,190,750

$1,203,000

$1,152,769

7.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.019

JUL

$1,180,000

AUG SEP

MEDIAN SALES PRICE

OCT

$517

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.180 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LADERA RANCH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$944,450

$1,060,000

$1,029,000

$1,020,500

8.1%

Average Price per Square Foot ..............

$360

$394

$375

$406

12.8%

Properties Sold ...................................

36

23

28

34

-5.6%

Properties Pending Sale .......................

45

9

30

28

-37.8%

Properties For Sale ..............................

141

77

104

114

-19.1%

Days on Market (Pending Sale) .............

35

31

42

26

-25.7%

Month’s Supply of Inventory .................

3.9

3.3

3.7

3.4

-14.4%

Percent Under Contract .......................

31.9%

11.7%

28.8%

24.6%

-23.0%

$899,038

$1,017,775

$1,087,500

$982,308

9.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$944

JUL

$1,020,500

AUG SEP

MEDIAN SALES PRICE

OCT

$406

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.020 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LAGUNA BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,860,000

$2,147,500

$1,918,750

$1,680,000

-9.7%

Average Price per Square Foot ..............

$1,098

$1,382

$1,010

$1,253

14.1%

Properties Sold ...................................

29

22

28

35

20.7%

Properties Pending Sale .......................

23

21

34

32

39.1%

Properties For Sale ..............................

268

214

271

307

14.6%

Days on Market (Pending Sale) .............

101

126

83

96

-5.0%

Month’s Supply of Inventory .................

9.2

9.7

9.7

8.8

-5.1%

Percent Under Contract .......................

8.6%

9.8%

12.5%

10.4%

21.5%

$2,045,216

$2,132,708

$2,005,000

$2,013,288

-1.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.860

JUL

$1,680,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,253

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.680 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LAGUNA NIGUEL

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$970,000

$874,900

$911,750

$990,400

2.1%

Average Price per Square Foot ..............

$415

$456

$437

$443

6.7%

Properties Sold ...................................

73

47

60

68

-6.8%

Properties Pending Sale .......................

78

23

68

54

-30.8%

Properties For Sale ..............................

279

146

213

257

-7.9%

Days on Market (Pending Sale) .............

39

63

31

43

10.3%

Month’s Supply of Inventory .................

3.8

3.1

3.6

3.8

-1.1%

Percent Under Contract .......................

28.0%

15.8%

31.9%

21.0%

-24.8%

$902,225

$961,671

$994,258

$958,533

6.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $970

JUN JUL

$990,400

AUG SEP

MEDIAN SALES PRICE

OCT

$443

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$990 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LAGUNA HILLS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$855,000

$932,500

$885,000

$880,000

2.9%

Average Price per Square Foot ..............

$382

$398

$389

$429

12.3%

Properties Sold ...................................

30

14

37

23

-23.3%

Properties Pending Sale .......................

23

17

27

28

21.7%

Properties For Sale ..............................

105

60

81

114

8.6%

Days on Market (Pending Sale) .............

31

50

50

27

-12.9%

Month’s Supply of Inventory .................

3.5

4.3

2.2

5

41.6%

Percent Under Contract .......................

21.9%

28.3%

33.3%

24.6%

12.1%

$824,301

$895,583

$855,833

$870,115

5.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$855

JUL

$880,000

AUG SEP

MEDIAN SALES PRICE

OCT

$429

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$880 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LAGUNA WOODS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$0

$729,500

$0

$0

n/a

Average Price per Square Foot ..............

$0

$458

$0

$0

n/a

Properties Sold ...................................

0

1

0

0

n/a

Properties Pending Sale .......................

0

1

0

0

n/a

Properties For Sale ..............................

0

2

2

0

n/a

Days on Market (Pending Sale) .............

0

33

0

0

n/a

Month’s Supply of Inventory .................

n/a

2

n/a

n/a

n/a

Percent Under Contract .......................

n/a

50.0%

0.0%

n/a

n/a

Average Median Price for Last 12 Months

$0

$860,000

n/a

$854,833

n/a

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN 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 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LANTERN VILLAGE IN DANA POINT

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,072,500

$986,500

$924,000

$1,298,500

21.1%

Average Price per Square Foot ..............

$468

$438

$614

$662

41.5%

Properties Sold ...................................

4

2

3

8

100.0%

Properties Pending Sale .......................

2

4

4

6

200.0%

Properties For Sale ..............................

27

19

23

34

25.9%

Days on Market (Pending Sale) .............

36

116

26

68

88.9%

Month’s Supply of Inventory .................

6.8

9.5

7.7

4.2

-37.0%

Percent Under Contract .......................

7.4%

21.1%

17.4%

17.6%

138.2%

$965,000

$1,322,750

$1,461,167

$1,158,308

20.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.072

JUL

$1,298,500

AUG SEP

MEDIAN SALES PRICE

OCT

$662

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.298 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LOWER NEWPORT BAY - BALBOA ISLAND

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$3,400,000

$2,260,000

$4,200,000

$2,850,000

-16.2%

Average Price per Square Foot ..............

$1,327

$1,010

$1,446

$1,640

23.6%

Properties Sold ...................................

3

5

6

5

66.7%

Properties Pending Sale .......................

2

1

6

7

250.0%

Properties For Sale ..............................

36

23

25

39

8.3%

Days on Market (Pending Sale) .............

30

634

60

143

376.7%

Month’s Supply of Inventory .................

12

4.6

4.2

7.8

-35.0%

Percent Under Contract .......................

5.6%

4.3%

24.0%

17.9%

223.1%

$3,323,263

$3,786,250

$4,000,000

$3,618,846

8.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$3.400

JUL

$2,850,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,640

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.850 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MISSION VIEJO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$720,000

$739,500

$765,000

$758,000

5.3%

Average Price per Square Foot ..............

$368

$369

$387

$397

7.9%

Properties Sold ...................................

106

68

95

94

-11.3%

Properties Pending Sale .......................

107

68

5

104

-2.8%

Properties For Sale ..............................

290

158

33

331

14.1%

Days on Market (Pending Sale) .............

37

40

70

36

-2.7%

Month’s Supply of Inventory .................

2.7

2.3

0.3

3.5

28.7%

Percent Under Contract .......................

36.9%

43.0%

15.2%

31.4%

-14.8%

$710,996

$760,917

$772,667

$748,942

5.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$720

JUL

$758,000

AUG SEP

MEDIAN SALES PRICE

OCT

$397

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$758 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MONARCH BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,610,000

$1,125,000

$1,649,000

$1,425,000

-11.5%

Average Price per Square Foot ..............

$775

$685

$928

$1,175

51.6%

Properties Sold ...................................

15

9

13

15

0.0%

Properties Pending Sale .......................

16

6

13

15

-6.2%

Properties For Sale ..............................

92

56

72

76

-17.4%

Days on Market (Pending Sale) .............

94

78

76

40

-57.4%

Month’s Supply of Inventory .................

6.1

6.2

5.5

5.1

-17.4%

Percent Under Contract .......................

17.4%

10.7%

18.1%

19.7%

13.5%

$1,795,448

$1,745,583

$1,958,167

$1,687,936

-6.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.610

JUL

$1,425,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,175

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.425 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


NELLE GAIL

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$862,500

$920,000

$892,500

$892,750

3.5%

Average Price per Square Foot ..............

$381

$386

$389

$430

12.9%

Properties Sold ...................................

28

15

36

22

-21.4%

Properties Pending Sale .......................

23

17

26

27

17.4%

Properties For Sale ..............................

105

60

80

112

6.7%

Days on Market (Pending Sale) .............

31

50

52

28

-9.7%

Month’s Supply of Inventory .................

3.8

4

2.2

5.1

35.8%

Percent Under Contract .......................

21.9%

28.3%

32.5%

24.1%

10.1%

$842,148

$899,375

$860,917

$872,250

3.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$862

JUL

$892,750

AUG SEP

MEDIAN SALES PRICE

OCT

$430

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$892 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


NEWPORT BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$2,125,000

$2,150,000

$1,985,000

$2,290,000

7.8%

Average Price per Square Foot ..............

$913

$998

$972

$1,232

34.9%

Properties Sold ...................................

62

49

43

58

-6.5%

Properties Pending Sale .......................

61

31

65

62

1.6%

Properties For Sale ..............................

376

253

309

348

-7.4%

Days on Market (Pending Sale) .............

75

96

59

67

-10.7%

Month’s Supply of Inventory .................

6.1

5.2

7.2

6

-1.1%

Percent Under Contract .......................

16.2%

12.3%

21.0%

17.8%

9.8%

$2,069,417

$2,332,583

$2,270,167

$2,309,077

11.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$2.125

JUL

$2,290,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,232

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.290 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


NEWPORT COAST

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$3,050,000

$4,949,500

$2,760,000

$6,100,000

100.0%

Average Price per Square Foot ..............

$1,042

$1,037

$1,082

$1,135

8.9%

Properties Sold ...................................

17

16

14

12

-29.4%

Properties Pending Sale .......................

10

8

12

8

-20.0%

Properties For Sale ..............................

96

80

80

105

9.4%

Days on Market (Pending Sale) .............

127

129

56

54

-57.5%

Month’s Supply of Inventory .................

5.6

5

5.7

8.7

54.9%

Percent Under Contract .......................

10.4%

10.0%

15.0%

7.6%

-26.9%

$3,166,344

$3,661,083

$4,176,333

$3,910,346

23.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$3.050

JUL

$6,100,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,135

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$6.100 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


NEWPORT HEIGHTS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$2,586,500

$1,650,000

$2,942,500

$1,650,000

-36.2%

Average Price per Square Foot ..............

$594

$794

$800

$916

54.2%

Properties Sold ...................................

4

5

2

9

125.0%

Properties Pending Sale .......................

4

3

5

4

0.0%

Properties For Sale ..............................

44

34

33

33

-25.0%

Days on Market (Pending Sale) .............

137

61

70

64

-53.3%

Month’s Supply of Inventory .................

11

6.8

16.5

3.7

-66.7%

Percent Under Contract .......................

9.1%

8.8%

15.2%

12.1%

33.3%

$2,085,219

$2,400,417

$1,816,667

$2,392,885

14.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $2.586

JUN JUL

$1,650,000

AUG SEP

MEDIAN SALES PRICE

OCT

$916

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.650 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


RANCHO SANTA MARGARITA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$825,000

$802,000

$770,000

$783,000

-5.1%

Average Price per Square Foot ..............

$344

$345

$377

$374

8.7%

Properties Sold ...................................

65

39

49

56

-13.8%

Properties Pending Sale .......................

52

23

48

30

-42.3%

Properties For Sale ..............................

137

55

99

140

2.2%

Days on Market (Pending Sale) .............

35

55

31

31

-11.4%

Month’s Supply of Inventory .................

2.1

1.4

2

2.5

18.6%

Percent Under Contract .......................

38.0%

41.8%

48.5%

21.4%

-43.5%

$738,417

$809,833

$818,333

$789,846

7.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $825

JUN JUL

$783,000

AUG SEP

MEDIAN SALES PRICE

OCT

$374

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$783 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SAN CLEMENTE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$972,500

$1,009,500

$1,060,000

$1,097,000

12.8%

Average Price per Square Foot ..............

$424

$424

$473

$435

2.6%

Properties Sold ...................................

74

52

77

74

0.0%

Properties Pending Sale .......................

73

46

70

77

5.5%

Properties For Sale ..............................

319

189

283

306

-4.1%

Days on Market (Pending Sale) .............

44

65

43

42

-4.5%

Month’s Supply of Inventory .................

4.3

3.6

3.7

4.1

-4.1%

Percent Under Contract .......................

22.9%

24.3%

24.7%

25.2%

10.0%

$939,298

$1,057,583

$1,065,667

$1,015,743

8.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$972

JUL

$1,097,000

AUG SEP

MEDIAN SALES PRICE

OCT

$435

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.097 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SAN JUAN CAPISTRANO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,300,000

$820,000

$1,200,000

$1,050,525

-19.2%

Average Price per Square Foot ..............

$382

$386

$403

$405

6.0%

Properties Sold ...................................

35

27

33

38

8.6%

Properties Pending Sale .......................

49

23

29

35

-28.6%

Properties For Sale ..............................

188

119

132

160

-14.9%

Days on Market (Pending Sale) .............

50

62

62

64

28.0%

Month’s Supply of Inventory .................

5.4

4.4

4

4.2

-21.6%

Percent Under Contract .......................

26.1%

19.3%

22.0%

21.9%

-16.1%

$974,958

$1,145,666

$1,112,484

$1,077,637

10.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.300

JUN JUL

$1,050,525

AUG SEP

MEDIAN SALES PRICE

OCT

$405

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SEAL BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$925,000

$925,000

$1,060,000

$1,134,500

22.6%

Average Price per Square Foot ..............

$476

$451

$600

$528

10.9%

Properties Sold ...................................

13

6

12

6

-53.8%

Properties Pending Sale .......................

9

12

13

15

66.7%

Properties For Sale ..............................

45

27

28

40

-11.1%

Days on Market (Pending Sale) .............

59

59

36

18

-69.5%

Month’s Supply of Inventory .................

3.5

4.5

2.3

6.7

92.6%

Percent Under Contract .......................

20.0%

44.4%

46.4%

37.5%

87.5%

$997,479

$1,035,000

$1,057,000

$994,188

-0.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$925

JUL

$1,134,500

AUG SEP

MEDIAN SALES PRICE

OCT

$528

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.134 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SHADY CANYON

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,585,000

$1,650,000

$1,680,000

$2,600,000

64.0%

Average Price per Square Foot ..............

$655

$588

$571

$703

7.3%

Properties Sold ...................................

11

12

13

11

0.0%

Properties Pending Sale .......................

13

9

14

8

-38.5%

Properties For Sale ..............................

96

64

73

102

6.2%

Days on Market (Pending Sale) .............

59

59

31

75

27.1%

Month’s Supply of Inventory .................

8.7

5.3

5.6

9.3

6.3%

Percent Under Contract .......................

13.5%

14.1%

19.2%

7.8%

-42.1%

$1,914,193

$2,093,491

$2,405,481

$1,947,964

1.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.585

JUL

$2,600,000

AUG SEP

MEDIAN SALES PRICE

OCT

$703

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.600 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


TURTLE RIDGE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$2,300,000

$0

$1,970,000

$2,744,400

19.3%

Average Price per Square Foot ..............

$628

$564

$639

$705

12.3%

Properties Sold ...................................

1

0

3

6

500.0%

Properties Pending Sale .......................

1

1

3

3

200.0%

Properties For Sale ..............................

24

19

18

26

8.3%

Days on Market (Pending Sale) .............

83

171

73

69

-16.9%

Month’s Supply of Inventory .................

24

n/a

6

4.3

-81.9%

Percent Under Contract .......................

4.2%

5.3%

16.7%

11.5%

176.9%

$2,124,413

$2,325,458

$2,321,096

$2,356,929

10.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$2.300

JUL

$2,744,400

AUG SEP

MEDIAN SALES PRICE

OCT

$705

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.744 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


TURTLE ROCK

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,585,000

$1,550,000

$1,530,000

$1,587,500

0.2%

Average Price per Square Foot ..............

$668

$564

$564

$626

-6.3%

Properties Sold ...................................

9

7

7

4

-55.6%

Properties Pending Sale .......................

10

5

7

4

-60.0%

Properties For Sale ..............................

54

17

24

37

-31.5%

Days on Market (Pending Sale) .............

85

46

11

78

-8.2%

Month’s Supply of Inventory .................

6

2.4

3.4

9.2

54.2%

Percent Under Contract .......................

18.5%

29.4%

29.2%

10.8%

-41.6%

$1,852,096

$1,693,083

$1,854,167

$1,686,769

-8.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.585

JUL

$1,587,500

AUG SEP

MEDIAN SALES PRICE

OCT

$626

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.587 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WESTMINSTER

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$638,000

$648,900

$667,500

$690,000

8.2%

Average Price per Square Foot ..............

$365

$408

$411

$407

11.5%

Properties Sold ...................................

43

29

24

41

-4.7%

Properties Pending Sale .......................

47

23

33

28

-40.4%

Properties For Sale ..............................

94

56

64

86

-8.5%

Days on Market (Pending Sale) .............

27

26

20

18

-33.3%

Month’s Supply of Inventory .................

2.2

1.9

2.7

2.1

-4.0%

Percent Under Contract .......................

50.0%

41.1%

51.6%

32.6%

-34.9%

$619,542

$677,758

$684,167

$657,650

6.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$638

JUL

$690,000

AUG SEP

MEDIAN SALES PRICE

OCT

$407

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$690 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WEST BAY - SANTA ANA HEIGHTS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,743,750

$2,120,000

$1,699,500

$2,190,000

25.6%

Average Price per Square Foot ..............

$697

$810

$705

$2,064

196.1%

Properties Sold ...................................

14

10

12

11

-21.4%

Properties Pending Sale .......................

20

6

13

10

-50.0%

Properties For Sale ..............................

67

39

43

56

-16.4%

Days on Market (Pending Sale) .............

61

66

15

68

11.5%

Month’s Supply of Inventory .................

4.8

3.9

3.6

5.1

6.4%

Percent Under Contract .......................

29.9%

15.4%

30.2%

17.9%

-40.2%

$1,666,958

$1,827,330

$1,890,167

$1,856,364

11.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.743

JUL

$2,190,000

AUG SEP

MEDIAN SALES PRICE

OCT

$2,064

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.190 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WEST NEWPORT - LIDO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$3,875,000

$5,850,000

$4,784,000

$3,249,998

-16.1%

Average Price per Square Foot ..............

$1,545

$2,834

$1,559

$1,078

-30.2%

Properties Sold ...................................

9

3

5

8

-11.1%

Properties Pending Sale .......................

9

3

11

12

33.3%

Properties For Sale ..............................

63

42

51

49

-22.2%

Days on Market (Pending Sale) .............

116

61

90

53

-54.3%

Month’s Supply of Inventory .................

7

14

10.2

6.1

-12.5%

Percent Under Contract .......................

14.3%

7.1%

21.6%

24.5%

71.4%

$2,776,792

$2,981,083

$3,019,166

$3,270,958

17.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$3.875

JUL

$3,249,998

AUG SEP

MEDIAN SALES PRICE

OCT

$1,078

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$3.249 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018



SANTA BARBARA COUNTY

CARPINTERIA

SANTA BARBARA EAST OF STATE

GOLETA

SANTA BARBARA WEST OF STATE

HOPE RANCH

SANTA YNEZ

MONTECITO

Micro Market Report : June 2018


COUNTY: SANTA BARBARA AREA: 3,789 SQ MILES FOUNDED: 1850

Micro Market Report : June 2018


CARPINTERIA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,060,000

$1,250,000

$917,791

$1,100,000

3.8%

Average Price per Square Foot ..............

$744

$1,645

$497

$807

8.5%

Properties Sold ...................................

5

4

7

9

80.0%

Properties Pending Sale .......................

4

4

11

4

0.0%

Properties For Sale ..............................

43

28

31

36

-16.3%

Days on Market (Pending Sale) .............

123

24

41

40

-67.5%

Month’s Supply of Inventory .................

8.6

7

4.4

4

-53.5%

Percent Under Contract .......................

9.3%

14.3%

35.5%

11.1%

19.4%

$1,077,625

$1,057,215

$1,026,000

$1,105,022

2.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.060

JUL

$1,100,000

AUG SEP

MEDIAN SALES PRICE

OCT

$807

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.100 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


GOLETA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$870,000

$885,000

$806,250

$925,000

6.3%

Average Price per Square Foot ..............

$529

$586

$478

$485

-8.3%

Properties Sold ...................................

15

6

12

8

-46.7%

Properties Pending Sale .......................

14

6

11

18

28.6%

Properties For Sale ..............................

38

24

26

34

-10.5%

Days on Market (Pending Sale) .............

34

28

26

62

82.4%

Month’s Supply of Inventory .................

2.5

4

2.2

4.2

67.8%

Percent Under Contract .......................

36.8%

25.0%

42.3%

52.9%

43.7%

$835,094

$862,729

$910,042

$871,625

4.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$870

JUL

$925,000

AUG SEP

MEDIAN SALES PRICE

OCT

$485

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$925 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


HOPE RANCH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$2,595,000

$3,496,750

$3,400,000

$7,250,000

179.4%

Average Price per Square Foot ..............

$764

$613

$882

$1,265

65.6%

Properties Sold ...................................

4

4

7

1

-75.0%

Properties Pending Sale .......................

2

2

6

3

50.0%

Properties For Sale ..............................

33

34

30

28

-15.2%

Days on Market (Pending Sale) .............

228

78

97

74

-67.5%

Month’s Supply of Inventory .................

8.2

8.5

4.3

28

239.4%

Percent Under Contract .......................

6.1%

5.9%

20.0%

10.7%

76.8%

$2,573,838

$5,612,642

$7,035,000

$4,584,546

78.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$2.595

JUL

$7,250,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,265

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

28 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$7.250 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MONTECITO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$4,200,000

$2,413,750

$3,902,500

$2,285,000

-45.6%

Average Price per Square Foot ..............

$1,043

$630

$1,396

$868

-16.8%

Properties Sold ...................................

17

16

8

15

-11.8%

Properties Pending Sale .......................

14

5

10

14

0.0%

Properties For Sale ..............................

179

126

126

147

-17.9%

Days on Market (Pending Sale) .............

118

67

113

44

-62.7%

Month’s Supply of Inventory .................

10.5

7.9

15.8

9.8

-6.9%

Percent Under Contract .......................

7.8%

4.0%

7.9%

9.5%

21.8%

$2,942,958

$3,189,879

$3,394,000

$3,110,749

5.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $4.200

JUN JUL

$2,285,000

AUG SEP

MEDIAN SALES PRICE

OCT

$868

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.285 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SANTA BARBARA EAST OF STATE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,442,000

$1,556,388

$1,504,125

$1,275,375

-11.6%

Average Price per Square Foot ..............

$676

$736

$712

$695

2.8%

Properties Sold ...................................

42

20

22

38

-9.5%

Properties Pending Sale .......................

35

14

29

31

-11.4%

Properties For Sale ..............................

138

96

118

159

15.2%

Days on Market (Pending Sale) .............

40

50

41

59

47.5%

Month’s Supply of Inventory .................

3.3

4.8

5.4

4.2

27.3%

Percent Under Contract .......................

25.4%

14.6%

24.6%

19.5%

-23.1%

$1,321,014

$1,517,583

$1,375,125

$1,455,607

10.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.442

JUL

$1,275,375

AUG SEP

MEDIAN SALES PRICE

OCT

$695

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.275 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SANTA BARBARA WEST OF STATE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,183,500

$1,322,500

$1,469,000

$1,227,000

3.7%

Average Price per Square Foot ..............

$663

$630

$699

$727

9.7%

Properties Sold ...................................

22

16

13

23

4.5%

Properties Pending Sale .......................

23

9

20

24

4.3%

Properties For Sale ..............................

76

43

65

91

19.7%

Days on Market (Pending Sale) .............

53

50

36

25

-52.8%

Month’s Supply of Inventory .................

3.5

2.7

5

4

14.5%

Percent Under Contract .......................

30.3%

20.9%

30.8%

26.4%

-12.9%

$1,123,158

$1,201,417

$1,178,167

$1,164,962

3.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.183

JUL

$1,227,000

AUG SEP

MEDIAN SALES PRICE

OCT

$727

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.227 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SANTA YNEZ

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$783,000

$727,500

$825,000

$1,136,250

45.1%

Average Price per Square Foot ..............

$440

$400

$429

$523

18.9%

Properties Sold ...................................

25

18

25

30

20.0%

Properties Pending Sale .......................

18

10

22

15

-16.7%

Properties For Sale ..............................

167

117

140

142

-15.0%

Days on Market (Pending Sale) .............

83

67

75

96

15.7%

Month’s Supply of Inventory .................

6.7

6.5

5.6

4.7

-29.1%

Percent Under Contract .......................

10.8%

8.5%

15.7%

10.6%

-2.0%

$851,347

$1,053,083

$996,333

$903,750

6.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$783

JUL

$1,136,250

AUG SEP

MEDIAN SALES PRICE

OCT

$523

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.136 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018



MONTEREY COUNTY

CARMEL

PACIFIC GROVE

CARMEL VALLEY

PEBBLE BEACH

MARINA

SALINAS

MONTEREY

SEASIDE

Micro Market Report : June 2018


COUNTY: MONTEREY AREA: 3,771 SQ MILES FOUNDED: 1850

Micro Market Report : June 2018


CARMEL

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,406,900

$1,597,500

$1,645,000

$1,717,500

22.1%

Average Price per Square Foot ..............

$891

$857

$1,087

$822

-7.7%

Properties Sold ...................................

30

20

21

24

-20.0%

Properties Pending Sale .......................

22

18

27

21

-4.5%

Properties For Sale ..............................

194

133

154

160

-17.5%

Days on Market (Pending Sale) .............

45

194

78

34

-24.4%

Month’s Supply of Inventory .................

6.5

6.6

7.3

6.7

3.1%

Percent Under Contract .......................

11.3%

13.5%

17.5%

13.1%

15.7%

$1,465,367

$1,810,000

$1,753,333

$1,665,723

13.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.406

JUL

$1,717,500

AUG SEP

MEDIAN SALES PRICE

OCT

$822

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.717 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CARMEL VALLEY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,000,000

$875,000

$1,578,125

$1,175,000

17.5%

Average Price per Square Foot ..............

$518

$386

$519

$601

16.0%

Properties Sold ...................................

10

5

6

10

0.0%

Properties Pending Sale .......................

12

8

11

7

-41.7%

Properties For Sale ..............................

69

59

59

71

2.9%

Days on Market (Pending Sale) .............

64

114

70

64

0.0%

Month’s Supply of Inventory .................

6.9

11.8

9.8

7.1

2.9%

Percent Under Contract .......................

17.4%

13.6%

18.6%

9.9%

-43.3%

$1,104,750

$1,175,688

$1,066,333

$1,064,313

-3.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.000

JUL

$1,175,000

AUG SEP

MEDIAN SALES PRICE

OCT

$601

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.175 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MARINA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$561,250

$553,000

$595,000

$620,000

10.5%

Average Price per Square Foot ..............

$321

$339

$357

$365

13.7%

Properties Sold ...................................

20

15

15

17

-15.0%

Properties Pending Sale .......................

16

14

22

15

-6.2%

Properties For Sale ..............................

51

41

43

46

-9.8%

Days on Market (Pending Sale) .............

30

76

34

36

20.0%

Month’s Supply of Inventory .................

2.6

2.7

2.9

2.7

6.1%

Percent Under Contract .......................

31.4%

34.1%

51.2%

32.6%

3.9%

$515,851

$584,917

$597,667

$572,769

11.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$561

JUL

$620,000

AUG SEP

MEDIAN SALES PRICE

OCT

$365

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$620 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MONTEREY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$790,000

$920,000

$862,500

$850,000

7.6%

Average Price per Square Foot ..............

$470

$417

$477

$544

15.7%

Properties Sold ...................................

20

20

26

25

25.0%

Properties Pending Sale .......................

27

12

29

23

-14.8%

Properties For Sale ..............................

99

82

93

99

0.0%

Days on Market (Pending Sale) .............

43

80

23

101

134.9%

Month’s Supply of Inventory .................

5

4.1

3.6

4

-20.0%

Percent Under Contract .......................

27.3%

14.6%

31.2%

23.2%

-14.8%

$771,300

$860,989

$876,667

$840,687

9.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$790

JUL

$850,000

AUG SEP

MEDIAN SALES PRICE

OCT

$544

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$850 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


PACIFIC GROVE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$899,000

$865,500

$920,500

$900,000

0.1%

Average Price per Square Foot ..............

$602

$670

$673

$678

12.6%

Properties Sold ...................................

25

12

14

14

-44.0%

Properties Pending Sale .......................

18

9

14

7

-61.1%

Properties For Sale ..............................

54

38

48

36

-33.3%

Days on Market (Pending Sale) .............

49

84

31

56

14.3%

Month’s Supply of Inventory .................

2.2

3.2

3.4

2.6

19.0%

Percent Under Contract .......................

33.3%

23.7%

29.2%

19.4%

-41.7%

$922,958

$918,250

$898,500

$921,192

-0.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$899

JUL

$900,000

AUG SEP

MEDIAN SALES PRICE

OCT

$678

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$900 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


PEBBLE BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,287,500

$1,673,000

$1,620,000

$1,390,850

8.0%

Average Price per Square Foot ..............

$526

$698

$871

$641

21.9%

Properties Sold ...................................

14

17

13

12

-14.3%

Properties Pending Sale .......................

18

10

23

13

-27.8%

Properties For Sale ..............................

104

82

83

80

-23.1%

Days on Market (Pending Sale) .............

76

237

81

77

1.3%

Month’s Supply of Inventory .................

7.4

4.8

6.4

6.7

-10.3%

Percent Under Contract .......................

17.3%

12.2%

27.7%

16.2%

-6.1%

$1,719,875

$1,670,142

$1,471,117

$1,746,023

1.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.287

JUL

$1,390,850

AUG SEP

MEDIAN SALES PRICE

OCT

$641

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.390 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SALINAS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$525,250

$506,500

$518,500

$524,000

-0.2%

Average Price per Square Foot ..............

$294

$298

$311

$317

7.8%

Properties Sold ...................................

64

52

48

68

6.2%

Properties Pending Sale .......................

70

47

53

51

-27.1%

Properties For Sale ..............................

203

142

138

165

-18.7%

Days on Market (Pending Sale) .............

52

59

46

44

-15.4%

Month’s Supply of Inventory .................

3.2

2.7

2.9

2.4

-23.5%

Percent Under Contract .......................

34.5%

33.1%

38.4%

30.9%

-10.4%

$476,813

$503,083

$521,250

$497,002

4.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $525

JUN JUL

$524,000

AUG SEP

MEDIAN SALES PRICE

OCT

$317

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$524 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SEASIDE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$540,000

$535,100

$513,300

$540,384

0.1%

Average Price per Square Foot ..............

$339

$443

$373

$410

20.9%

Properties Sold ...................................

27

13

22

20

-25.9%

Properties Pending Sale .......................

13

14

18

22

69.2%

Properties For Sale ..............................

47

43

35

41

-12.8%

Days on Market (Pending Sale) .............

27

77

54

43

59.3%

Month’s Supply of Inventory .................

1.7

3.3

1.6

2

17.8%

Percent Under Contract .......................

27.7%

32.6%

51.4%

53.7%

94.0%

$484,833

$565,681

$532,261

$539,480

11.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$540

JUL

$540,384

AUG SEP

MEDIAN SALES PRICE

OCT

$410

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$540 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SAN DIEGO COUNTY

SAN DIEGO MACRO

LA MESA

CARLSBAD

LEMON GROVE

CARMEL VALLEY

NATIONAL CITY

CHULA VISTA

OCEANSIDE

CORONADO

POWAY

DEL MAR

RANCHO BERNARDO

EL CAJON

SAN MARCOS

ENCINITAS

SANTEE

ESCONDIDO

SOLANA BEACH

IMPERIAL BEACH

VISTA

LA JOLLA

Micro Market Report : June 2018


COUNTY: SAN DIEGO AREA: 4,526 SQ MILES FOUNDED: 1850

Micro Market Report : June 2018


SAN DIEGO COUNTY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$618,000

$610,000

$635,000

$655,000

6.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

2460

1681

1793

2192

-10.9%

Properties Pending Sale .......................

2432

1412

2245

2147

-11.7%

Properties For Sale ..............................

7,386

4,943

6,449

7,830

6.0%

Days on Market (Pending Sale) .............

35

44

34

35

0.0%

Month’s Supply of Inventory .................

3

2.9

3.6

3.6

19.0%

Percent Under Contract .......................

32.9%

28.6%

34.8%

27.4%

-16.7%

$578,165

$631,167

$648,333

$622,346

7.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $618

JUN JUL

$655,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$655 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


BAY PARK/OLD TOWN/MIDWAY DISTRICT

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$782,000

$825,000

$875,500

$880,000

12.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

18

9

10

6

-66.7%

Properties Pending Sale .......................

13

10

15

10

-23.1%

Properties For Sale ..............................

29

22

29

37

27.6%

Days on Market (Pending Sale) .............

53

23

27

20

-62.3%

Month’s Supply of Inventory .................

1.6

2.4

2.9

6.2

282.8%

Percent Under Contract .......................

44.8%

45.5%

51.7%

27.0%

-39.7%

$768,279

$854,252

$863,417

$848,397

9.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$782

JUL

$880,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$880 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CARLSBAD

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$983,000

$910,000

$985,000

$1,059,500

7.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

130

76

76

116

-10.8%

Properties Pending Sale .......................

102

54

112

95

-6.9%

Properties For Sale ..............................

314

168

288

372

18.5%

Days on Market (Pending Sale) .............

26

49

30

28

7.7%

Month’s Supply of Inventory .................

2.4

2.2

3.8

3.2

32.8%

Percent Under Contract .......................

32.5%

32.1%

38.9%

25.5%

-21.4%

$897,542

$988,750

$1,006,500

$963,096

6.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $983

JUN JUL

$1,059,500

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.059 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CARMEL VALLEY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,201,000

$1,210,000

$1,360,000

$1,337,500

11.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

55

34

47

54

-1.8%

Properties Pending Sale .......................

43

20

45

49

14.0%

Properties For Sale ..............................

148

78

136

167

12.8%

Days on Market (Pending Sale) .............

31

56

35

32

3.2%

Month’s Supply of Inventory .................

2.7

2.3

2.9

3.1

14.9%

Percent Under Contract .......................

29.1%

25.6%

33.1%

29.3%

1.0%

$1,194,667

$1,308,250

$1,342,500

$1,216,762

1.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.201

JUL

$1,337,500

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.337 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CHULA VISTA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$557,500

$570,000

$560,000

$569,000

2.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

160

103

104

160

0.0%

Properties Pending Sale .......................

181

105

158

149

-17.7%

Properties For Sale ..............................

445

300

415

472

6.1%

Days on Market (Pending Sale) .............

32

47

36

33

3.1%

Month’s Supply of Inventory .................

2.8

2.9

4

3

6.1%

Percent Under Contract .......................

40.7%

35.0%

38.1%

31.6%

-22.4%

$521,731

$563,083

$565,000

$562,519

7.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $557

JUN JUL

$569,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$569 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CLAIREMONT/BAY HO/BAY PARK

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$665,000

$661,500

$735,000

$687,500

3.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

45

33

37

32

-28.9%

Properties Pending Sale .......................

46

24

36

38

-17.4%

Properties For Sale ..............................

102

55

76

97

-4.9%

Days on Market (Pending Sale) .............

27

27

20

14

-48.1%

Month’s Supply of Inventory .................

2.3

1.7

2.1

3

33.7%

Percent Under Contract .......................

45.1%

43.6%

47.4%

39.2%

-13.1%

$617,058

$708,574

$688,833

$676,053

8.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$665

JUL

$687,500

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$687 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CORONADO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,535,000

$3,000,000

$2,381,250

$2,175,000

41.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

17

7

10

21

23.5%

Properties Pending Sale .......................

24

10

14

16

-33.3%

Properties For Sale ..............................

121

81

101

113

-6.6%

Days on Market (Pending Sale) .............

101

94

76

69

-31.7%

Month’s Supply of Inventory .................

7.1

11.6

10.1

5.4

-24.4%

Percent Under Contract .......................

19.8%

12.3%

13.9%

14.2%

-28.6%

$1,706,563

$2,221,042

$2,203,333

$2,165,442

21.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.535

JUL

$2,175,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.175 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


DEL MAR

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,735,000

$2,222,500

$1,975,000

$2,264,000

30.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

16

16

13

12

-25.0%

Properties Pending Sale .......................

9

17

14

11

22.2%

Properties For Sale ..............................

103

91

84

92

-10.7%

Days on Market (Pending Sale) .............

41

48

55

65

58.5%

Month’s Supply of Inventory .................

6.4

5.7

6.5

7.7

19.1%

Percent Under Contract .......................

8.7%

18.7%

16.7%

12.0%

36.8%

$1,755,042

$2,065,667

$2,178,833

$2,006,510

12.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.735

JUL

$2,264,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.264 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


EL CAJON

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$524,750

$532,000

$504,500

$565,000

7.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

134

81

84

135

0.7%

Properties Pending Sale .......................

109

86

124

120

10.1%

Properties For Sale ..............................

304

244

311

384

26.3%

Days on Market (Pending Sale) .............

21

35

30

28

33.3%

Month’s Supply of Inventory .................

2.3

3

3.7

2.8

25.4%

Percent Under Contract .......................

35.9%

35.2%

39.9%

31.2%

-12.8%

$493,484

$526,583

$554,167

$522,592

5.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $524

JUN JUL

$565,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$565 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ENCINITAS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,337,500

$1,110,000

$1,975,000

$1,255,500

-6.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

43

31

13

36

-16.3%

Properties Pending Sale .......................

39

14

14

43

10.3%

Properties For Sale ..............................

160

85

84

151

-5.6%

Days on Market (Pending Sale) .............

25

45

55

36

44.0%

Month’s Supply of Inventory .................

3.7

2.7

6.5

4.2

12.7%

Percent Under Contract .......................

24.4%

16.5%

16.7%

28.5%

16.8%

$1,207,473

$1,366,750

$1,269,833

$1,303,269

7.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.337

JUL

$1,255,500

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.255 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ESCONDIDO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$525,000

$550,000

$542,000

$574,500

9.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

171

117

117

142

-17.0%

Properties Pending Sale .......................

170

107

148

159

-6.5%

Properties For Sale ..............................

524

360

435

557

6.3%

Days on Market (Pending Sale) .............

37

40

33

36

-2.7%

Month’s Supply of Inventory .................

3.1

3.1

3.7

3.9

28.0%

Percent Under Contract .......................

32.4%

29.7%

34.0%

28.5%

-12.0%

$517,833

$554,983

$569,467

$542,992

4.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$525

JUL

$574,500

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$574 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


IMPERIAL-BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$600,000

$595,000

$575,000

$615,000

2.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

9

13

13

11

22.2%

Properties Pending Sale .......................

19

10

21

6

-68.4%

Properties For Sale ..............................

49

40

55

41

-16.3%

Days on Market (Pending Sale) .............

50

24

55

33

-34.0%

Month’s Supply of Inventory .................

5.4

3.1

4.2

3.7

-31.5%

Percent Under Contract .......................

38.8%

25.0%

38.2%

14.6%

-62.3%

$549,906

$587,083

$613,333

$584,231

5.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $600

JUN JUL

$615,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$615 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LA JOLLA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$2,188,000

$2,391,500

$2,300,000

$1,980,000

-9.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

44

22

35

36

-18.2%

Properties Pending Sale .......................

24

15

35

34

41.7%

Properties For Sale ..............................

248

174

229

267

7.7%

Days on Market (Pending Sale) .............

54

71

60

58

7.4%

Month’s Supply of Inventory .................

5.6

7.9

6.5

7.4

31.6%

Percent Under Contract .......................

9.7%

8.6%

15.3%

12.7%

31.6%

$2,003,792

$2,219,167

$2,082,000

$2,224,635

9.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$2.188

JUL

$1,980,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.980 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LA MESA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$580,000

$610,000

$580,000

$586,250

1.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

64

57

65

64

0.0%

Properties Pending Sale .......................

69

53

73

66

-4.3%

Properties For Sale ..............................

178

141

185

189

6.2%

Days on Market (Pending Sale) .............

31

39

26

31

0.0%

Month’s Supply of Inventory .................

2.6

2.7

2.5

3

14.5%

Percent Under Contract .......................

38.8%

37.6%

39.5%

34.9%

-9.9%

$538,750

$583,875

$585,417

$581,934

7.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $580

JUN JUL

$586,250

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$586 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LINDA VISTA/CLAIREMONT MESA EAST

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$599,900

$655,000

$621,500

$648,875

8.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

19

16

14

22

15.8%

Properties Pending Sale .......................

20

17

20

18

-10.0%

Properties For Sale ..............................

32

29

33

42

31.2%

Days on Market (Pending Sale) .............

20

28

20

19

-5.0%

Month’s Supply of Inventory .................

1.6

1.7

1.6

1.9

19.3%

Percent Under Contract .......................

62.5%

58.6%

60.6%

42.9%

-31.4%

$561,075

$637,271

$646,542

$625,944

10.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$599

JUL

$648,875

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$648 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LEMON GROVE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$440,000

$435,000

$470,000

$450,000

2.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

17

12

13

22

29.4%

Properties Pending Sale .......................

23

20

21

22

-4.3%

Properties For Sale ..............................

53

45

47

52

-1.9%

Days on Market (Pending Sale) .............

49

25

37

30

-38.8%

Month’s Supply of Inventory .................

2.3

2.2

2.2

2.4

2.6%

Percent Under Contract .......................

43.4%

44.4%

44.7%

42.3%

-2.5%

$426,688

$462,500

$466,667

$451,692

5.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$440

JUL

$450,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$450 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


NATIONAL CITY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$400,000

$438,500

$395,000

$429,500

7.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

9

15

14

10

11.1%

Properties Pending Sale .......................

24

9

17

10

-58.3%

Properties For Sale ..............................

58

39

44

36

-37.9%

Days on Market (Pending Sale) .............

27

70

29

20

-25.9%

Month’s Supply of Inventory .................

2.4

4.3

2.6

3.6

49.0%

Percent Under Contract .......................

41.4%

23.1%

38.6%

27.8%

-32.9%

$386,271

$430,833

$431,667

$426,881

9.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$400

JUL

$429,500

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$429 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


OCEANSIDE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$550,000

$535,000

$568,000

$575,000

4.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

151

104

125

123

-18.5%

Properties Pending Sale .......................

155

91

141

143

-7.7%

Properties For Sale ..............................

391

222

319

399

2.0%

Days on Market (Pending Sale) .............

27

31

22

56

107.4%

Month’s Supply of Inventory .................

2.6

2.1

2.6

3.2

25.3%

Percent Under Contract .......................

39.6%

41.0%

44.2%

35.8%

-9.6%

$1,048,000

$569,229

$579,667

$561,321

-86.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$550

JUL

$575,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$575 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


POWAY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$680,000

$769,500

$745,000

$689,000

1.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

60

38

45

45

-25.0%

Properties Pending Sale .......................

67

38

55

51

-23.9%

Properties For Sale ..............................

179

97

125

175

-2.2%

Days on Market (Pending Sale) .............

40

80

36

31

-22.5%

Month’s Supply of Inventory .................

3

2.6

2.8

3.9

30.4%

Percent Under Contract .......................

37.4%

39.2%

44.0%

29.1%

-22.1%

$697,400

$772,333

$776,833

$753,188

7.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$680

JUL

$689,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$689 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


RANCHO BERNARDO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$878,000

$880,000

$832,000

$845,000

-3.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

113

65

76

106

-6.2%

Properties Pending Sale .......................

115

62

101

98

-14.8%

Properties For Sale ..............................

306

180

278

362

18.3%

Days on Market (Pending Sale) .............

37

46

47

33

-10.8%

Month’s Supply of Inventory .................

4.2

4.3

5

3.4

-19.2%

Percent Under Contract .......................

37.6%

34.4%

36.3%

27.1%

-28.0%

$779,570

$838,850

$850,000

$851,743

8.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $878

JUN JUL

$845,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$845 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SAN MARCOS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$670,000

$635,000

$660,000

$694,820

3.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

87

59

63

85

-2.3%

Properties Pending Sale .......................

79

43

78

81

2.5%

Properties For Sale ..............................

191

115

189

239

25.1%

Days on Market (Pending Sale) .............

33

33

19

33

0.0%

Month’s Supply of Inventory .................

2.2

1.9

3

2.8

28.1%

Percent Under Contract .......................

41.4%

37.4%

41.3%

33.9%

-18.1%

$592,354

$657,637

$698,940

$650,332

8.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $670

JUN JUL

$694,820

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$694 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SAN DIEGO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$655,444

$667,000

$700,000

$675,000

3.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

82

58

61

60

-26.8%

Properties Pending Sale .......................

79

51

71

66

-16.5%

Properties For Sale ..............................

163

106

138

176

8.0%

Days on Market (Pending Sale) .............

30

26

22

16

-46.7%

Month’s Supply of Inventory .................

2

1.8

2.3

2.9

47.6%

Percent Under Contract .......................

48.5%

48.1%

51.4%

37.5%

-22.6%

$605,466

$685,583

$680,167

$666,119

9.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $655

JUN JUL

$675,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$675 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SANTEE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$517,500

$527,000

$535,000

$552,500

6.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

37

40

33

39

5.4%

Properties Pending Sale .......................

46

27

42

54

17.4%

Properties For Sale ..............................

94

61

109

121

28.7%

Days on Market (Pending Sale) .............

29

17

22

26

-10.3%

Month’s Supply of Inventory .................

2.5

1.5

3.3

3.1

22.1%

Percent Under Contract .......................

48.9%

44.3%

38.5%

44.6%

-8.8%

$483,033

$541,917

$546,500

$529,688

8.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $517

JUN JUL

$552,500

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$552 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SOLANA BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,522,500

$1,500,000

$1,502,500

$2,137,500

40.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

12

3

8

5

-58.3%

Properties Pending Sale .......................

15

1

7

9

-40.0%

Properties For Sale ..............................

43

23

29

32

-25.6%

Days on Market (Pending Sale) .............

47

15

28

33

-29.8%

Month’s Supply of Inventory .................

3.6

7.7

3.6

6.4

78.6%

Percent Under Contract .......................

34.9%

4.3%

24.1%

28.1%

-19.4%

$1,605,042

$1,707,333

$1,898,833

$1,631,019

1.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.522

JUL

$2,137,500

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.137 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SPRING VALLEY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$476,750

$470,000

$515,000

$495,000

3.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

62

37

44

55

-11.3%

Properties Pending Sale .......................

61

33

52

41

-32.8%

Properties For Sale ..............................

139

100

132

130

-6.5%

Days on Market (Pending Sale) .............

24

37

30

23

-4.2%

Month’s Supply of Inventory .................

2.2

2.7

3

2.4

5.4%

Percent Under Contract .......................

43.9%

33.0%

39.4%

31.5%

-28.1%

$440,975

$492,667

$491,667

$476,442

7.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $476

JUN JUL

$495,000

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$495 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


VISTA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$538,000

$550,000

$544,000

$560,025

4.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

79

69

59

87

10.1%

Properties Pending Sale .......................

78

44

71

92

17.9%

Properties For Sale ..............................

250

174

207

297

18.8%

Days on Market (Pending Sale) .............

34

57

41

45

32.4%

Month’s Supply of Inventory .................

3.2

2.5

3.5

3.4

7.9%

Percent Under Contract .......................

31.2%

25.3%

34.3%

31.0%

-0.7%

$504,479

$554,421

$556,675

$548,294

8.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $538

JUN JUL

$560,025

AUG SEP

MEDIAN SALES PRICE

OCT

N/A

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$560 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


RIVERSIDE COUNTY

BERMUDA DUNES

LA QUINTA

CATHEDRAL CITY

PALM DESERT

COACHELLA

PALM SPRINGS

DESERT HOT SPRINGS

RANCHO MIRAGE

INDIAN WELLS

THOUSAND PALMS

INDIO

Micro Market Report : June 2018


COUNTY: RIVERSIDE AREA: 7,303 SQ MILES FOUNDED: 1893

Micro Market Report : June 2018


BERMUDA DUNES

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$267,000

$800,000

$490,000

$389,000

45.7%

Average Price per Square Foot ..............

$167

$259

$196

$140

-16.2%

Properties Sold ...................................

2

1

1

1

-50.0%

Properties Pending Sale .......................

2

1

1

0

-100.0%

Properties For Sale ..............................

12

12

10

6

-50.0%

Days on Market (Pending Sale) .............

185

71

70

0

-100.0%

Month’s Supply of Inventory .................

6

12

10

6

0.0%

Percent Under Contract .......................

16.7%

8.3%

10.0%

0.0%

-100.0%

$337,583

$411,382

$409,667

$433,083

22.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$267

JUL

$389,000

AUG SEP

MEDIAN SALES PRICE

OCT

$140

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$389 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CATHEDRAL CITY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$305,000

$310,000

$292,000

$310,000

1.6%

Average Price per Square Foot ..............

$202

$190

$183

$184

-8.9%

Properties Sold ...................................

27

23

27

17

-37.0%

Properties Pending Sale .......................

35

23

30

18

-48.6%

Properties For Sale ..............................

120

106

101

94

-21.7%

Days on Market (Pending Sale) .............

49

47

41

43

-12.2%

Month’s Supply of Inventory .................

4.4

4.6

3.7

5.5

24.4%

Percent Under Contract .......................

29.2%

21.7%

29.7%

19.1%

-34.3%

$282,075

$316,750

$312,500

$311,342

9.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$305

JUL

$310,000

AUG SEP

MEDIAN SALES PRICE

OCT

$184

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$310 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


COACHELLA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$247,450

$265,000

$241,500

$250,000

1.0%

Average Price per Square Foot ..............

$140

$165

$151

$160

14.3%

Properties Sold ...................................

4

3

2

3

-25.0%

Properties Pending Sale .......................

4

4

4

1

-75.0%

Properties For Sale ..............................

12

16

14

11

-8.3%

Days on Market (Pending Sale) .............

44

66

22

160

263.6%

Month’s Supply of Inventory .................

3

5.3

7

3.7

22.2%

Percent Under Contract .......................

33.3%

25.0%

28.6%

9.1%

-72.7%

$212,538

$255,333

$252,667

$249,258

14.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$247

JUL

$250,000

AUG SEP

MEDIAN SALES PRICE

OCT

$160

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$250 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


DESERT HOT SPRINGS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$199,000

$225,000

$219,000

$225,000

13.1%

Average Price per Square Foot ..............

$130

$129

$135

$135

3.8%

Properties Sold ...................................

31

34

31

31

0.0%

Properties Pending Sale .......................

22

30

33

32

45.5%

Properties For Sale ..............................

178

167

153

160

-10.1%

Days on Market (Pending Sale) .............

50

75

69

72

44.0%

Month’s Supply of Inventory .................

5.7

4.9

4.9

5.2

-10.1%

Percent Under Contract .......................

12.4%

18.0%

21.6%

20.0%

61.8%

$184,313

$218,492

$216,983

$214,277

14.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$199

JUL

$225,000

AUG SEP

MEDIAN SALES PRICE

OCT

$135

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$225 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


INDIAN WELLS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,675,000

$0

$0

$675,000

-59.7%

Average Price per Square Foot ..............

$362

$0

$0

$238

-34.3%

Properties Sold ...................................

1

0

0

1

0.0%

Properties Pending Sale .......................

1

5

3

2

100.0%

Properties For Sale ..............................

13

19

18

13

0.0%

Days on Market (Pending Sale) .............

14

78

140

132

842.9%

Month’s Supply of Inventory .................

13

n/a

n/a

13

0.0%

Percent Under Contract .......................

7.7%

26.3%

16.7%

15.4%

100.0%

$663,063

$677,800

$576,333

$827,056

19.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.675

JUN JUL

$675,000

AUG SEP

MEDIAN SALES PRICE

OCT

$238

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

13 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$675 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


INDIO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$285,500

$275,000

$293,750

$297,625

4.2%

Average Price per Square Foot ..............

$141

$148

$163

$156

10.6%

Properties Sold ...................................

24

15

16

18

-25.0%

Properties Pending Sale .......................

23

26

27

10

-56.5%

Properties For Sale ..............................

91

102

94

77

-15.4%

Days on Market (Pending Sale) .............

36

58

58

48

33.3%

Month’s Supply of Inventory .................

3.8

6.8

5.9

4.3

12.8%

Percent Under Contract .......................

25.3%

25.5%

28.7%

13.0%

-48.6%

$290,830

$298,611

$303,805

$289,417

-0.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$285

JUL

$297,625

AUG SEP

MEDIAN SALES PRICE

OCT

$156

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$297 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


LA QUINTA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$366,000

$363,000

$368,000

$522,000

42.6%

Average Price per Square Foot ..............

$206

$195

$208

$235

14.1%

Properties Sold ...................................

16

9

15

5

-68.8%

Properties Pending Sale .......................

16

10

14

17

6.2%

Properties For Sale ..............................

88

70

76

96

9.1%

Days on Market (Pending Sale) .............

96

61

71

55

-42.7%

Month’s Supply of Inventory .................

5.5

7.8

5.1

19.2

249.1%

Percent Under Contract .......................

18.2%

14.3%

18.4%

17.7%

-2.6%

$358,806

$391,892

$412,817

$375,931

4.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$366

JUL

$522,000

AUG SEP

MEDIAN SALES PRICE

OCT

$235

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

19.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$522 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


PALM DESERT

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$349,500

$430,000

$340,000

$597,500

71.0%

Average Price per Square Foot ..............

$213

$186

$224

$331

55.4%

Properties Sold ...................................

16

13

23

68

325.0%

Properties Pending Sale .......................

17

15

24

75

341.2%

Properties For Sale ..............................

91

101

116

408

348.4%

Days on Market (Pending Sale) .............

83

41

60

70

-15.7%

Month’s Supply of Inventory .................

5.7

7.8

5

6

5.5%

Percent Under Contract .......................

18.7%

14.9%

20.7%

18.4%

-1.6%

$339,008

$422,567

$448,833

$390,608

13.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$349

JUL

$597,500

AUG SEP

MEDIAN SALES PRICE

OCT

$331

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$597 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


PALM SPRINGS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$605,000

$630,150

$695,000

$597,500

-1.2%

Average Price per Square Foot ..............

$334

$373

$382

$331

-0.9%

Properties Sold ...................................

93

60

51

68

-26.9%

Properties Pending Sale .......................

75

50

97

75

0.0%

Properties For Sale ..............................

399

385

459

408

2.3%

Days on Market (Pending Sale) .............

80

62

71

70

-12.5%

Month’s Supply of Inventory .................

4.3

6.4

9

6

39.8%

Percent Under Contract .......................

18.8%

13.0%

21.1%

18.4%

-2.2%

$587,788

$647,125

$639,167

$629,319

6.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$605

JUL

$597,500

AUG SEP

MEDIAN SALES PRICE

OCT

$331

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$597 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


RANCHO MIRAGE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$627,500

$630,000

$562,500

$599,000

-4.5%

Average Price per Square Foot ..............

$221

$256

$219

$247

11.8%

Properties Sold ...................................

14

13

20

11

-21.4%

Properties Pending Sale .......................

18

8

19

17

-5.6%

Properties For Sale ..............................

129

135

141

119

-7.8%

Days on Market (Pending Sale) .............

161

70

96

99

-38.5%

Month’s Supply of Inventory .................

9.2

10.4

7

10.8

17.4%

Percent Under Contract .......................

14.0%

5.9%

13.5%

14.3%

2.4%

$520,083

$603,792

$614,167

$587,442

11.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $627

JUN JUL

$599,000

AUG SEP

MEDIAN SALES PRICE

OCT

$247

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

10.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$599 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


THOUSAND PALMS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$63,140

$570,000

$193,000

$280,000

343.5%

Average Price per Square Foot ..............

$57

$219

$158

$161

182.5%

Properties Sold ...................................

2

1

3

3

50.0%

Properties Pending Sale .......................

6

2

3

2

-66.7%

Properties For Sale ..............................

17

8

12

14

-17.6%

Days on Market (Pending Sale) .............

67

20

12

50

-25.4%

Month’s Supply of Inventory .................

2.8

4

4

4.7

64.7%

Percent Under Contract .......................

35.3%

25.0%

25.0%

14.3%

-59.5%

Average Median Price for Last 12 Months

$99,044

$294,875

$283,417

$282,189

64.9%

*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

$63

JUL

$280,000

AUG SEP

MEDIAN SALES PRICE

OCT

$161

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$280 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018



CONDOMINIUMS

BEVERLY CENTER - MIRACLE MILE

SANTA MONICA

BEVERLY HILLS

SHERMAN OAKS

BRENTWOOD

STUDIO CITY

CULVER CITY

VENICE

ENCINO

WEST HOLLYWOOD

MALIBU

WEST LA

MARINA DEL REY

WESTWOOD - CENTURY CITY

Micro Market Report : June 2018


COUNTY: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : June 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$675,000

$804,000

$1,050,000

$1,000,000

48.1%

Average Price per Square Foot ..............

$576

$643

$620

$677

17.5%

Properties Sold ...................................

9

8

3

6

-33.3%

Properties Pending Sale .......................

7

3

14

10

42.9%

Properties For Sale ..............................

33

10

28

30

-9.1%

Days on Market (Pending Sale) .............

30

63

27

18

-40.0%

Month’s Supply of Inventory .................

3.7

1.2

9.3

5

36.4%

Percent Under Contract .......................

21.2%

30.0%

50.0%

33.3%

57.1%

$748,042

$773,833

$860,333

$769,655

2.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$675

JUL

$1,000,000

AUG SEP

MEDIAN SALES PRICE

OCT

$677

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


BEVERLY HILLS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,074,500

$1,450,444

$1,232,500

$1,228,000

14.3%

Average Price per Square Foot ..............

$716

$813

$794

$786

9.8%

Properties Sold ...................................

10

11

10

9

-10.0%

Properties Pending Sale .......................

9

4

10

9

0.0%

Properties For Sale ..............................

68

35

41

48

-29.4%

Days on Market (Pending Sale) .............

60

57

37

20

-66.7%

Month’s Supply of Inventory .................

6.8

3.2

4.1

5.3

-21.6%

Percent Under Contract .......................

13.2%

11.4%

24.4%

18.8%

41.7%

$1,277,574

$1,224,511

$1,222,354

$1,224,154

-4.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.074

JUL

$1,228,000

AUG SEP

MEDIAN SALES PRICE

OCT

$786

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.228 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


BRENTWOOD

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,080,500

$1,074,500

$823,500

$952,850

-11.8%

Average Price per Square Foot ..............

$658

$679

$681

$692

5.2%

Properties Sold ...................................

19

18

8

15

-21.1%

Properties Pending Sale .......................

17

8

16

17

0.0%

Properties For Sale ..............................

54

38

52

62

14.8%

Days on Market (Pending Sale) .............

19

28

16

27

42.1%

Month’s Supply of Inventory .................

2.8

2.1

6.5

4.1

45.4%

Percent Under Contract .......................

31.5%

21.1%

30.8%

27.4%

-12.9%

$873,129

$909,725

$979,283

$917,450

5.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.080

JUN JUL

$952,850

AUG SEP

MEDIAN SALES PRICE

OCT

$692

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$952 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


CULVER CITY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$485,500

$493,000

$616,750

$582,500

20.0%

Average Price per Square Foot ..............

$534

$535

$566

$555

3.9%

Properties Sold ...................................

10

14

16

9

-10.0%

Properties Pending Sale .......................

18

18

13

13

-27.8%

Properties For Sale ..............................

33

25

24

30

-9.1%

Days on Market (Pending Sale) .............

15

24

16

17

13.3%

Month’s Supply of Inventory .................

3.3

1.8

1.5

3.3

1.0%

Percent Under Contract .......................

54.5%

72.0%

54.2%

43.3%

-20.6%

$489,340

$570,375

$567,500

$550,019

12.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$485

JUL

$582,500

AUG SEP

MEDIAN SALES PRICE

OCT

$555

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$582 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


DOWNTOWN

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$617,500

$611,000

$586,000

$692,500

12.1%

Average Price per Square Foot ..............

$786

$624

$740

$672

-14.5%

Properties Sold ...................................

42

31

46

44

4.8%

Properties Pending Sale .......................

47

31

45

37

-21.3%

Properties For Sale ..............................

249

175

191

193

-22.5%

Days on Market (Pending Sale) .............

46

67

53

51

10.9%

Month’s Supply of Inventory .................

5.9

5.6

4.2

4.4

-26.0%

Percent Under Contract .......................

18.9%

17.7%

23.6%

19.2%

1.6%

$579,292

$641,542

$653,167

$639,692

10.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$617

JUL

$692,500

AUG SEP

MEDIAN SALES PRICE

OCT

$672

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$692 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


ENCINO

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$338,000

$426,000

$436,000

$367,000

8.6%

Average Price per Square Foot ..............

$334

$343

$384

$379

13.5%

Properties Sold ...................................

22

20

20

9

-59.1%

Properties Pending Sale .......................

17

12

19

15

-11.8%

Properties For Sale ..............................

29

14

16

26

-10.3%

Days on Market (Pending Sale) .............

30

74

41

61

103.3%

Month’s Supply of Inventory .................

1.3

0.7

0.8

2.9

119.2%

Percent Under Contract .......................

58.6%

85.7%

118.8%

57.7%

-1.6%

$365,750

$419,500

$375,333

$388,077

6.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$338

JUL

$367,000

AUG SEP

MEDIAN SALES PRICE

OCT

$379

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$367 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MALIBU

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$895,000

$1,162,500

$1,200,000

$0

-100.0%

Average Price per Square Foot ..............

$803

$1,030

$792

$0

-100.0%

Properties Sold ...................................

3

4

5

0

-100.0%

Properties Pending Sale .......................

3

5

3

2

-33.3%

Properties For Sale ..............................

19

23

20

25

31.6%

Days on Market (Pending Sale) .............

24

47

143

106

341.7%

Month’s Supply of Inventory .................

6.3

5.8

4

0.2

-96.3%

Percent Under Contract .......................

15.8%

21.7%

15.0%

8.0%

-49.3%

$878,146

$942,500

$635,000

$935,278

6.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$895

JUL

NO SALES

AUG SEP

MEDIAN SALES PRICE

OCT

NO SALES

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

0.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MALIBU BEACH

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$894,500

$2,665,000

$1,275,000

$1,021,250

14.2%

Average Price per Square Foot ..............

$881

$2,031

$0

$964

9.4%

Properties Sold ...................................

2

2

1

2

0.0%

Properties Pending Sale .......................

2

2

3

2

0.0%

Properties For Sale ..............................

12

13

17

17

41.7%

Days on Market (Pending Sale) .............

73

69

8

52

-28.8%

Month’s Supply of Inventory .................

6

6.5

17

0.3

-94.6%

Percent Under Contract .......................

16.7%

15.4%

17.6%

11.8%

-29.4%

$830,667

$994,250

$970,417

$1,106,058

33.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$894

JUL

$1,021,250

AUG SEP

MEDIAN SALES PRICE

OCT

$964

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

0.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.021 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


MARINA DEL REY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$878,900

$870,000

$980,000

$1,023,000

16.4%

Average Price per Square Foot ..............

$700

$719

$790

$801

14.4%

Properties Sold ...................................

20

23

25

16

-20.0%

Properties Pending Sale .......................

20

14

19

19

-5.0%

Properties For Sale ..............................

93

74

79

100

7.5%

Days on Market (Pending Sale) .............

56

38

19

35

-37.5%

Month’s Supply of Inventory .................

4.6

3.2

3.2

6.2

34.4%

Percent Under Contract .......................

21.5%

18.9%

24.1%

19.0%

-11.7%

$906,803

$1,029,583

$1,087,500

$965,031

6.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$878

JUL

$1,023,000

AUG SEP

MEDIAN SALES PRICE

OCT

$801

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.023 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SANTA MONICA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,075,000

$1,000,000

$998,000

$1,180,000

9.8%

Average Price per Square Foot ..............

$1,039

$1,057

$1,015

$994

-4.3%

Properties Sold ...................................

29

18

27

35

20.7%

Properties Pending Sale .......................

20

8

34

36

80.0%

Properties For Sale ..............................

81

70

118

116

43.2%

Days on Market (Pending Sale) .............

32

34

34

41

28.1%

Month’s Supply of Inventory .................

2.8

3.9

4.4

3.3

18.7%

Percent Under Contract .......................

24.7%

11.4%

28.8%

31.0%

25.7%

$910,688

$1,106,417

$1,080,667

$1,059,731

16.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.075

JUL

$1,180,000

AUG SEP

MEDIAN SALES PRICE

OCT

$994

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.180 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


SHERMAN OAKS

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$505,000

$510,000

$560,000

$529,000

4.8%

Average Price per Square Foot ..............

$391

$400

$419

$423

8.2%

Properties Sold ...................................

32

19

23

26

-18.8%

Properties Pending Sale .......................

29

13

23

23

-20.7%

Properties For Sale ..............................

32

8

17

34

6.2%

Days on Market (Pending Sale) .............

38

39

35

34

-10.5%

Month’s Supply of Inventory .................

1

0.4

0.7

1.3

30.8%

Percent Under Contract .......................

90.6%

162.5%

135.3%

67.6%

-25.4%

$464,500

$546,167

$553,667

$529,154

13.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$505

JUL

$529,000

AUG SEP

MEDIAN SALES PRICE

OCT

$423

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$529 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


STUDIO CITY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$705,000

$720,000

$588,000

$738,000

4.7%

Average Price per Square Foot ..............

$440

$464

$523

$514

16.8%

Properties Sold ...................................

11

19

9

8

-27.3%

Properties Pending Sale .......................

20

14

4

13

-35.0%

Properties For Sale ..............................

21

9

11

17

-19.0%

Days on Market (Pending Sale) .............

89

43

64

36

-59.6%

Month’s Supply of Inventory .................

1.9

0.5

1.2

2.1

11.3%

Percent Under Contract .......................

95.2%

155.6%

36.4%

76.5%

-19.7%

$588,167

$663,500

$701,000

$688,538

17.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$705

JUL

$738,000

AUG SEP

MEDIAN SALES PRICE

OCT

$514

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$738 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


VENICE

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$1,005,000

$1,220,000

$0

$1,576,250

56.8%

Average Price per Square Foot ..............

$846

$687

$0

$1,021

20.7%

Properties Sold ...................................

1

1

0

2

100.0%

Properties Pending Sale .......................

2

3

1

1

-50.0%

Properties For Sale ..............................

16

19

10

7

-56.2%

Days on Market (Pending Sale) .............

77

30

22

75

-2.6%

Month’s Supply of Inventory .................

16

19

n/a

3.5

-78.1%

Percent Under Contract .......................

12.5%

15.8%

10.0%

14.3%

14.3%

$1,069,833

$1,593,250

$1,733,750

$1,362,250

27.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$1.005

JUL

$1,576,250

AUG SEP

MEDIAN SALES PRICE

OCT

$1,021

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.576 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WEST HOLLYWOOD

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$712,500

$735,000

$706,000

$737,500

3.5%

Average Price per Square Foot ..............

$641

$713

$702

$701

9.4%

Properties Sold ...................................

36

35

38

28

-22.2%

Properties Pending Sale .......................

29

19

34

33

13.8%

Properties For Sale ..............................

107

75

101

112

4.7%

Days on Market (Pending Sale) .............

43

39

23

32

-25.6%

Month’s Supply of Inventory .................

3

2.1

2.7

4

34.6%

Percent Under Contract .......................

27.1%

25.3%

33.7%

29.5%

8.7%

$682,750

$750,417

$792,167

$730,435

7.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$712

JUL

$737,500

AUG SEP

MEDIAN SALES PRICE

OCT

$701

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$737 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WEST LA

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$756,000

$880,000

$901,000

$784,500

3.8%

Average Price per Square Foot ..............

$603

$583

$630

$653

8.3%

Properties Sold ...................................

14

9

8

12

-14.3%

Properties Pending Sale .......................

20

5

15

11

-45.0%

Properties For Sale ..............................

37

16

26

35

-5.4%

Days on Market (Pending Sale) .............

17

29

12

10

-41.2%

Month’s Supply of Inventory .................

2.6

1.8

3.2

2.9

10.4%

Percent Under Contract .......................

54.1%

31.2%

57.7%

31.4%

-41.9%

$776,279

$910,100

$882,866

$842,982

8.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$756

JUL

$784,500

AUG SEP

MEDIAN SALES PRICE

OCT

$653

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$784 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018


WESTWOOD - CENTURY CITY

DATA*

Jun 2017

6 MONTH

3 MONTH

Jun 2018

% CHANGE

Median Price ......................................

$900,000

$908,000

$957,500

$1,185,000

31.7%

Average Price per Square Foot ..............

$755

$710

$778

$800

6.0%

Properties Sold ...................................

68

39

56

45

-33.8%

Properties Pending Sale .......................

49

31

51

48

-2.0%

Properties For Sale ..............................

211

167

185

214

1.4%

Days on Market (Pending Sale) .............

44

70

41

39

-11.4%

Month’s Supply of Inventory .................

3.1

4.3

3.3

4.8

53.3%

Percent Under Contract .......................

23.2%

18.6%

27.6%

22.4%

-3.4%

$845,979

$1,013,896

$1,035,625

$948,760

12.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT JUN

$900

JUL

$1,185,000

AUG SEP

MEDIAN SALES PRICE

OCT

$800

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.185 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : June 2018



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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH June 2018 /

Los Angeles, Orange, Santa Barbara, Monterey, Riverside, San Diego


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