March 2017 Micro Market Report | Teles Properties by Teles Properties

micro market report luxury real estate market research March 2017 | LOS ANGELES, ORANGE, SANTA BARBARA, MONTEREY, RIVERSIDE, SAN DIEGO

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Reading the Report

â&#x20AC;&#x153;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 yearâ&#x20AC;&#x2122;s month to the current month. Each statistic is compiled from sales data during the month of the respective year. It is then analyzed by Percent Change, which is calculated by taking Current Value minus Past Value and then divided by Past Value.

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

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

MEDIAN PRICE:

DAYS OF MARKET (PENDING SALE):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

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

MONTH’S SUPPLY OF INVENTORY:

low) don’t hold undue influence.

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

AVERAGE PRICE PER SQUARE FOOT:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

PERCENT UNDER CONTRACT:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

PROPERTIES SOLD:

The number of property transactions

AVERAGE MEDIAN PRICE FOR LAST 12:

that closed and transferred ownership.

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

PROPERTIES PENDING SALE:

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

The number of properties on the market and seeking buyers.

ending in the identified month.

Los Angeles County

Los Angeles County Macro

Malibu Beach

Hermosa Beach

Calabasas

Bel Air - Holmby Hills

Marina del Rey

Manhattan Beach

Encino

Beverly Center - Miracle Mile

Mid Los Angeles

Palos Verdes Estates

Glendale

Beverly Hills

Mid Wilshire

Rancho Palos Verdes

La Crescenta North

Beverly Hills P.O.

Pacific Palisades

Redondo 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

Hollywood

Venice

Torrance - North

Tarzana

Hollywood Hills East

West Hollywood

Torrance - Southeast

Toluca Lake

Inglewood

West Los Angeles

Torrance - South

Valley Village

Ladera Heights

Westchester

Torrance - West

Westlake Village

Laurel Canyon

Westwood - Century City

San Fernando Macro

Woodland Hills

Los Feliz

South Bay Macro

Agoura Hills

San Gabriel Valley Macro

Malibu

El Segundo

Burbank

Altadena

Micro Market Report : March 2017

telesproperties.com

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

Arcadia Duarte La Canada Flintridge Monrovia Pasadena San Gabriel San Marino Sierra Madre South Pasadena

Micro Market Report : March 2017

telesproperties.com

Los Angeles County DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$560,000

$579,000

$575,000

$600,000

7.1%

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

$439

$433

$442

$453

3.2%

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

3999

4607

4217

4196

4.9%

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

5241

4703

3281

5184

-1.1%

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

17,314

19,051

14,554

16,423

-5.1%

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

-9.5%

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

4.3

4.1

3.5

3.9

-9.6%

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

30.3%

24.7%

22.5%

31.6%

4.3%

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

$544,144

$583,917

$586,833

$584,346

6.9%

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

current market snapshot MAR

$560

APR

$600,000

MAY JUN

MEDIAN SALES PRICE

JUL

$453

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Bel-Air Holmby Hills DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$2,107,500

$2,357,500

$1,437,500

$2,501,026

18.7%

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

$882

$784

$2,057

$935

6.0%

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

62.5%

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

36.4%

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

126

166

151

144

14.3%

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

2.7%

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

15.8

13.8

15.1

11.1

-29.7%

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

8.7%

9.0%

7.3%

10.4%

19.3%

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

$2,255,021

$1,778,088

$2,095,342

$2,066,233

-9.1%

current market snapshot MAR

$2.107

APR

$2,501,026

MAY JUN

MEDIAN SALES PRICE

JUL

$935

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

11.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.501 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Beverly Center - Miracle Mile DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,425,500

$2,100,000

$1,597,500

$1,480,000

3.8%

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

$717

$733

$820

$762

6.3%

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

25.0%

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

40.9%

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

102

8.0%

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

114.8%

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

5.4

6.8

5.7

4.7

-13.6%

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

25.3%

11.8%

16.5%

33.0%

30.4%

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

$1,493,354

$1,525,750

$1,525,000

$1,534,808

2.7%

current market snapshot MAR

$1.425

APR

$1,480,000

MAY JUN

MEDIAN SALES PRICE

JUL

$762

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.480 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Beverly Hills DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$3,995,000

$2,973,500

$6,575,000

$4,650,000

16.4%

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

$1,243

$1,715

$1,728

$1,368

10.1%

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

-6.7%

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

60.0%

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

117

135

114

101

-13.7%

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

125

-45.1%

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

7.8

19.3

7.6

7.2

-7.5%

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

8.5%

10.4%

10.5%

15.8%

85.3%

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

$5,110,782

$5,285,609

$5,391,667

$4,823,127

-6.0%

current market snapshot MAR

$3.995

APR

$4,650,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,368

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$4.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Beverly Hills- Post Office DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,905,000

$2,355,000

$2,028,000

$2,326,000

22.1%

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

$708

$818

$1,227

$875

23.6%

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

-50.0%

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

-20.0%

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

141

192

160

172

22.0%

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

105

-1.7%

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

14.1

13.7

34.4

144.0%

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

10.6%

7.3%

5.0%

7.0%

-34.4%

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

$2,769,000

$2,587,432

$2,548,863

$2,636,376

-5.0%

current market snapshot MAR

$1.905

APR

$2,326,000

MAY JUN

MEDIAN SALES PRICE

JUL

$875

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

34.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.326 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

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Beverlywood DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,330,088

$1,231,250

$1,367,000

$1,119,000

-15.9%

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

$637

$660

$656

$721

13.2%

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

-5.6%

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

15.8%

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

-21.2%

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

-44.4%

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

3.7

2.5

2.7

3.1

-16.6%

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

28.8%

35.1%

16.3%

42.3%

47.0%

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

$1,108,716

$1,221,843

$1,127,185

$1,235,186

10.2%

current market snapshot MAR

$1.330

APR

$1,119,000

MAY JUN

MEDIAN SALES PRICE

JUL

$721

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.119 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Brentwood DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$2,720,000

$2,875,000

$2,510,000

$2,725,000

0.2%

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

$894

$900

$1,054

$1,082

21.0%

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

0.0%

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

-37.5%

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

156

155

105

138

-11.5%

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

-22.0%

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

10.4

6.2

5.2

9.2

-11.5%

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

20.5%

16.1%

14.3%

14.5%

-29.3%

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

$2,901,365

$3,344,000

$3,970,000

$3,153,577

8.0%

current market snapshot MAR

$2.720

APR

$2,725,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,082

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Cheviot Hills - Rancho Park DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,697,500

$1,350,000

$1,905,000

$2,660,000

56.7%

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

$741

$759

$705

$814

9.9%

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

62.5%

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

50.0%

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

9.7%

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

-37.0%

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

3.9

3.7

3.2

2.6

-32.5%

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

25.8%

18.2%

15.4%

35.3%

36.8%

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

$1,728,601

$1,854,417

$2,121,667

$2,044,923

15.5%

current market snapshot MAR

$1.697

APR

$2,660,000

MAY JUN

MEDIAN SALES PRICE

JUL

$814

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.660 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Culver City DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,098,000

$1,200,000

$1,216,750

$1,236,000

12.6%

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

$678

$748

$761

$753

11.1%

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

13.3%

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

-18.2%

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

-18.8%

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

61.1%

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

4.3

1.8

2.3

3.1

-28.3%

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

34.4%

35.7%

33.3%

34.6%

0.7%

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

$1,029,750

$1,159,375

$1,158,667

$1,142,385

9.9%

current market snapshot MAR

$1.098

APR

$1,236,000

MAY JUN

MEDIAN SALES PRICE

JUL

$753

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.236 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Downtown DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$430,000

$294,500

$410,000

$365,000

-15.1%

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

$300

$261

$321

$273

-9.0%

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

400.0%

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

13.3%

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

-9.5%

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

-45.8%

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

6.8

8.2

3.8

-81.9%

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

23.8%

25.9%

18.4%

29.8%

25.3%

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

$305,806

$350,056

$357,150

$345,343

11.4%

current market snapshot $430

MAR APR

$365,000

MAY JUN

MEDIAN SALES PRICE

JUL

$273

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$365 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Hancock Park - Wilshire DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,800,000

$1,507,125

$1,516,388

$2,005,000

11.4%

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

$726

$647

$664

$653

-10.1%

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

-5.3%

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

18.5%

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

119

142

103

-13.4%

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

-21.1%

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

6.3

8.9

4.8

5.7

-8.6%

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

22.7%

18.3%

14.4%

31.1%

36.9%

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

$1,426,828

$1,845,648

$2,001,667

$1,685,424

15.3%

current market snapshot MAR

$1.800

APR

$2,005,000

MAY JUN

MEDIAN SALES PRICE

JUL

$653

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.005 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Hollywood DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$900,000

$730,000

$604,000

$850,000

-5.6%

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

$622

$399

$391

$459

-26.2%

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

0.0%

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

225.0%

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

51.7%

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

135

-74.8%

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

4.1

6.4

6.3

51.7%

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

13.8%

25.0%

29.7%

29.5%

114.2%

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

$840,059

$911,008

$937,350

$983,158

14.6%

current market snapshot MAR

$900

APR

$850,000

MAY JUN

MEDIAN SALES PRICE

JUL

$459

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

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

Micro Market Report : March 2017

telesproperties.com

Hollywood Hills East DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,125,000

$1,543,750

$1,212,000

$1,606,250

42.8%

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

$598

$670

$579

$598

0.0%

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

22.2%

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

30.8%

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

38.8%

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

42.5%

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

5.2

6.3

9.6

8.5

64.0%

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

19.4%

16.0%

10.4%

18.3%

-5.8%

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

$1,229,760

$1,335,458

$1,437,583

$1,451,307

15.3%

current market snapshot MAR

$1.125

APR

$1,606,250

MAY JUN

MEDIAN SALES PRICE

JUL

$598

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

8.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.606 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Inglewood DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$482,450

$464,500

$450,000

$522,500

8.3%

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

$325

$353

$332

$369

13.5%

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

85.7%

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

42.9%

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

14.1%

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

-68.5%

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

3.4

2.4

3.2

3.1

-7.9%

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

29.6%

42.0%

31.0%

37.0%

25.2%

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

$415,988

$478,317

$490,000

$469,988

11.5%

current market snapshot MAR

$482

APR

$522,500

MAY JUN

MEDIAN SALES PRICE

JUL

$369

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$522 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Ladera Heights DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,029,750

$895,000

$980,000

$1,051,250

2.1%

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

$388

$390

$433

$457

17.8%

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

-25.0%

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

42.9%

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

0.0%

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

-44.8%

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

3.7

5.7

4.3

16.7%

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

26.9%

25.0%

17.6%

38.5%

42.9%

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

$963,435

$1,093,542

$1,014,583

$1,008,433

4.5%

current market snapshot MAR

$1.029

APR

$1,051,250

MAY JUN

MEDIAN SALES PRICE

JUL

$457

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.051 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Laurel Canyon DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,550,000

$1,450,000

$1,495,000

$1,608,000

3.7%

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

$726

$712

$782

$725

-0.1%

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

-30.3%

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

77.8%

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

131

195

156

158

20.6%

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

16.2%

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

7.3

8.1

7.8

4.9

-32.2%

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

13.7%

12.3%

12.8%

20.3%

47.4%

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

$1,490,353

$1,655,717

$1,546,100

$1,600,507

7.4%

current market snapshot MAR

$1.550

APR

$1,608,000

MAY JUN

MEDIAN SALES PRICE

JUL

$725

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.608 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Los Feliz DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$2,029,250

$1,695,000

$1,790,625

$1,175,000

-42.1%

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

$703

$672

$644

$700

-0.4%

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

-33.3%

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

-4.5%

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

101

32.9%

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

0.0%

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

3.5

5.1

5.5

7.2

108.8%

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

28.9%

19.5%

18.2%

20.8%

-28.2%

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

$1,514,992

$1,619,152

$1,474,167

$1,598,243

5.2%

current market snapshot $2.029

MAR APR

$1,175,000

MAY JUN

MEDIAN SALES PRICE

JUL

$700

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

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

Micro Market Report : March 2017

telesproperties.com

Malibu DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$2,400,000

$2,770,000

$4,100,000

$2,842,000

18.4%

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

$738

$820

$1,082

$997

35.1%

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

-17.6%

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

-4.8%

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

211

222

205

222

5.2%

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

106

137

80.3%

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

12.4

10.6

18.6

15.9

27.8%

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

10.0%

11.3%

5.9%

9.0%

-9.5%

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

$2,341,485

$2,689,000

$2,609,833

$2,582,231

9.3%

current market snapshot MAR

$2.400

APR

$2,842,000

MAY JUN

MEDIAN SALES PRICE

JUL

$997

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

15.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.842 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Malibu Beach DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$7,300,000

$5,400,000

$3,642,248

$6,965,000

-4.6%

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

$2,515

$2,192

$1,456

$2,127

-15.4%

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

0.0%

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

-33.3%

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

-4.9%

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

236

267

175

-78.8%

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

16.2

15.4

-4.9%

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

3.7%

3.3%

4.3%

2.6%

-29.9%

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

$6,770,208

$8,499,041

$11,625,667

$7,227,173

6.3%

current market snapshot MAR

$7.300

APR

$6,965,000

MAY JUN

MEDIAN SALES PRICE

JUL

$2,127

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

15.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$6.965 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Marina Del Rey DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$850,000

$1,600,000

$1,039,500

$1,512,000

77.9%

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

$799

$904

$709

$785

-1.8%

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

166.7%

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

14.3%

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

-21.2%

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

110

37.1%

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

4.7

3.2

-70.5%

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

21.2%

11.5%

14.3%

30.8%

45.1%

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

$1,479,021

$1,384,754

$1,460,500

$1,430,271

-3.4%

current market snapshot MAR

$850

APR

$1,512,000

MAY JUN

MEDIAN SALES PRICE

JUL

$785

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.512 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Mid Los Angeles DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$519,500

$577,535

$560,000

$680,500

31.0%

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

$398

$429

$435

$439

10.3%

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

6.2%

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

2.3%

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

135

118

132

-2.2%

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

-51.8%

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

4.2

4.5

3.8

3.9

-8.0%

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

31.9%

29.6%

26.3%

33.3%

4.7%

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

$539,255

$638,250

$681,833

$621,825

13.3%

current market snapshot MAR

$519

APR

$680,500

MAY JUN

MEDIAN SALES PRICE

JUL

$439

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Mid Wilshire DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$737,500

$877,000

$778,500

$843,750

14.4%

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

$452

$510

$500

$498

10.2%

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

50.0%

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

100.0%

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

37.5%

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

109

-60.6%

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

4.8

5.8

5.5

-8.3%

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

20.8%

21.7%

30.3%

45.5%

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

$706,000

$866,750

$857,083

$830,269

15.0%

current market snapshot MAR

$737

APR

$843,750

MAY JUN

MEDIAN SALES PRICE

JUL

$498

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$843 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Pacific Palisades DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$2,757,000

$2,800,180

$3,268,000

$2,487,500

-9.8%

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

$931

$1,057

$1,077

$936

0.5%

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

-16.7%

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

25.0%

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

130

147

124

122

-6.2%

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

-13.8%

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

5.4

6.5

6.1

12.6%

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

15.4%

10.2%

16.9%

20.5%

33.2%

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

$2,821,448

$3,232,167

$3,125,000

$2,894,591

2.5%

current market snapshot MAR

$2.757

APR

$2,487,500

MAY JUN

MEDIAN SALES PRICE

JUL

$936

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.487 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Palms - Mar Vista DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,300,000

$1,493,500

$1,500,000

$1,315,000

1.2%

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

$777

$811

$712

$831

6.9%

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

-22.6%

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

-18.4%

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

-3.5%

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

-17.9%

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

2.8

3.1

3.5

24.7%

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

44.2%

26.8%

35.8%

37.3%

-15.5%

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

$1,234,073

$1,474,083

$1,458,167

$1,396,694

11.6%

current market snapshot MAR

$1.300

APR

$1,315,000

MAY JUN

MEDIAN SALES PRICE

JUL

$831

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.315 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Playa Del Rey DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,850,000

$1,677,250

$1,350,000

$1,750,000

-5.4%

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

$681

$633

$531

$580

-14.8%

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

75.0%

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

100.0%

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

53.8%

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

202

6.7%

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

3.2

2.9

-12.1%

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

38.5%

20.0%

8.3%

50.0%

30.0%

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

$1,731,544

$1,471,500

$1,637,250

$1,568,708

-10.4%

current market snapshot MAR

$1.850

APR

$1,750,000

MAY JUN

MEDIAN SALES PRICE

JUL

$580

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Playa Vista DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,900,000

$2,385,000

$1,670,000

n/a

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

$776

$738

n/a

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

n/a

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

n/a

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

157.1%

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

114

n/a

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

n/a

0.1

n/a

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

0.0%

14.3%

20.0%

5.6%

n/a

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

$1,242,146

$2,063,667

$1,992,333

$1,944,841

56.6%

current market snapshot MAR APR

$1,670,000

MAY JUN

MEDIAN SALES PRICE

JUL

No sales

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

0.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.670 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Santa Monica DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$2,995,000

$1,936,944

$1,747,000

$1,805,000

-39.7%

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

$937

$1,073

$1,250

$1,325

41.4%

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

39.1%

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

-3.8%

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

102

-14.7%

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

-47.7%

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

4.4

4.6

2.8

2.7

-38.7%

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

25.5%

21.5%

27.1%

28.7%

12.7%

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

$2,487,341

$2,331,667

$2,411,000

$2,397,457

-3.7%

current market snapshot $2.995

MAR APR

$1,805,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,325

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.805 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Sunset Strip - Hollywood Hills West DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,675,000

$1,538,500

$1,659,850

$1,763,888

5.3%

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

$970

$839

$773

$881

-9.2%

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

-29.6%

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

15.6%

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

280

344

300

317

13.2%

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

-14.8%

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

5.2

7.8

8.1

8.3

60.9%

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

16.1%

8.4%

11.7%

16.4%

2.1%

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

$1,713,104

$1,734,540

$1,781,296

$1,745,288

1.8%

current market snapshot MAR

$1.675

APR

$1,763,888

MAY JUN

MEDIAN SALES PRICE

JUL

$881

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

8.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.763 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Venice DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,900,000

$1,867,500

$1,800,000

$1,877,500

-1.2%

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

$1,079

$1,221

$1,219

$1,031

-4.4%

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

29.4%

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

-11.1%

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

119

-7.7%

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

66.7%

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

5.4

5.2

3.8

-28.7%

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

19.8%

16.0%

13.6%

19.0%

-3.7%

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

$1,843,966

$1,803,054

$1,687,442

$1,825,210

-1.0%

current market snapshot MAR

$1.900

APR

$1,877,500

MAY JUN

MEDIAN SALES PRICE

JUL

$1,031

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.877 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

West Hollywood DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,548,750

$1,500,000

$1,750,000

$1,324,500

-14.5%

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

$786

$797

$806

$702

-10.7%

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

0.0%

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

72.7%

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

18.4%

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

103.2%

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

4.9

9.4

6.2

5.8

18.4%

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

22.4%

15.3%

12.5%

32.8%

45.9%

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

$1,512,961

$1,672,838

$1,646,500

$1,581,790

4.4%

current market snapshot MAR

$1.548

APR

$1,324,500

MAY JUN

MEDIAN SALES PRICE

JUL

$702

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.324 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

West Los Angeles DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$910,000

$835,000

$1,015,000

$1,125,000

23.6%

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

$857

$690

$645

$723

-15.6%

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

-11.1%

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

0.0%

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

-8.9%

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

29.6%

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

3.9

3.2

5.1

2.5%

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

31.1%

21.6%

28.2%

34.1%

9.8%

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

$1,012,294

$1,014,375

$1,011,667

$1,032,942

2.0%

current market snapshot MAR

$910

APR

$1,125,000

MAY JUN

MEDIAN SALES PRICE

JUL

$723

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.125 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Westchester DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$958,750

$1,000,000

$975,000

$1,075,000

12.1%

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

$612

$631

$605

$640

4.6%

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

5.0%

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

0.0%

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

109

31.7%

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

-48.9%

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

3.2

3.8

1.9

25.5%

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

41.3%

25.7%

32.3%

31.3%

-24.1%

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

$944,098

$1,068,500

$1,035,333

$1,065,881

12.9%

current market snapshot MAR

$958

APR

$1,075,000

MAY JUN

MEDIAN SALES PRICE

JUL

$640

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.075 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Westwood - Century City DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,616,000

$2,075,000

$1,840,000

$1,935,000

19.7%

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

$903

$943

$788

$863

-4.4%

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

-25.0%

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

-22.7%

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

-17.9%

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

13.3%

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

3.9

6.2

3.5

4.3

9.4%

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

28.2%

30.0%

14.3%

26.6%

-5.8%

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

$1,704,738

$1,802,333

$1,783,333

$1,881,241

10.4%

current market snapshot MAR

$1.616

APR

$1,935,000

MAY JUN

MEDIAN SALES PRICE

JUL

$863

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.935 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

South Bay Macro Market DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,367,035

$1,115,964

$1,401,299

$1,239,927

-9.3%

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

$623

$561

$621

$674

8.2%

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

254

247

219

208

-18.1%

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

282

243

138

272

-3.5%

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

907

972

648

891

-1.8%

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

-3.7%

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

3.6

3.9

4.3

20.0%

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

31.1%

25.0%

21.3%

30.5%

-1.8%

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

$1,227,449

$1,308,546

$1,324,401

$1,313,029

7.0%

current market snapshot MAR

$1.367

APR

$1,239,927

MAY JUN

MEDIAN SALES PRICE

JUL

$674

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.239 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

El Segundo DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,142,500

$1,050,000

$1,410,000

$1,275,000

11.6%

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

$659

$625

$739

$712

8.0%

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

-70.0%

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

70.0%

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

137.0%

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

6.2%

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

2.7

4.3

1.6

21.3

690.1%

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

37.0%

26.9%

27.3%

26.6%

-28.3%

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

$1,089,188

$1,353,096

$1,349,542

$1,303,352

19.7%

current market snapshot MAR

$1.142

APR

$1,275,000

MAY JUN

MEDIAN SALES PRICE

JUL

$712

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

21.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.275 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Hermosa Beach DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,368,125

$1,550,000

$1,962,500

$2,066,150

51.0%

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

$1,134

$780

$1,098

$1,178

3.9%

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

0.0%

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

-23.1%

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

-10.9%

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

96.4%

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

4.6

4.5

5.7

4.1

-10.9%

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

28.3%

16.3%

0.0%

24.4%

-13.7%

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

$1,864,115

$1,810,192

$1,737,883

$1,691,771

-9.2%

current market snapshot MAR

$1.368

APR

$2,066,150

MAY JUN

MEDIAN SALES PRICE

JUL

$1,178

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.066 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Manhattan Beach DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$2,572,500

$2,200,000

$1,790,000

$2,695,000

4.8%

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

$1,053

$850

$826

$1,118

6.2%

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

-20.0%

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

15.4%

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

138

157

156

13.0%

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

15.2%

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

4.6

5.1

6.5

41.3%

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

28.3%

26.1%

9.4%

28.8%

2.1%

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

$2,171,917

$2,243,417

$2,390,167

$2,277,692

4.9%

current market snapshot MAR

$2.572

APR

$2,695,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,118

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.695 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Palos Verdes Estates DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,600,000

$1,925,500

$1,686,600

$1,577,500

-1.4%

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

$689

$674

$755

$776

12.6%

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

60.0%

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

53.8%

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

-2.3%

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

74.1%

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

5.8

11.8

3.8

3.5

-38.9%

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

14.9%

19.1%

18.0%

23.5%

57.5%

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

$1,753,850

$1,831,017

$1,779,000

$1,877,065

7.0%

current market snapshot MAR

$1.600

APR

$1,577,500

MAY JUN

MEDIAN SALES PRICE

JUL

$776

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.577 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Rancho Palos Verdes DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,315,000

$1,284,000

$1,376,000

$1,327,500

1.0%

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

$554

$535

$571

$562

1.4%

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

-40.5%

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

-5.0%

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

141

166

111

133

-5.7%

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

2.3%

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

3.8

7.5

2.8

58.6%

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

28.4%

21.1%

22.5%

28.6%

0.7%

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

$1,212,257

$1,286,208

$1,248,750

$1,269,692

4.7%

current market snapshot MAR

$1.315

APR

$1,327,500

MAY JUN

MEDIAN SALES PRICE

JUL

$562

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.327 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Redondo Beach- North DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$863,250

$927,000

$1,090,000

$895,000

3.7%

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

$540

$530

$529

$672

24.4%

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

-5.6%

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

-42.9%

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

-10.6%

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

-13.7%

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

2.6

1.6

2.5

-5.4%

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

59.6%

40.9%

32.1%

38.1%

-36.1%

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

$863,610

$939,750

$890,000

$938,788

8.7%

current market snapshot MAR

$863

APR

$895,000

MAY JUN

MEDIAN SALES PRICE

JUL

$672

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

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

Micro Market Report : March 2017

telesproperties.com

Redondo Beach- South DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,825,000

$1,230,000

$1,325,000

$1,360,500

-25.5%

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

$632

$656

$635

$813

28.6%

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

7.7%

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

-37.5%

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

4.4%

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

6.1%

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

3.5

3.7

1.8

3.4

-3.0%

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

35.6%

16.7%

29.0%

21.3%

-40.2%

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

$1,261,771

$1,421,746

$1,445,333

$1,395,613

10.6%

current market snapshot $1.825

MAR APR

$1,360,500

MAY JUN

MEDIAN SALES PRICE

JUL

$813

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.360 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Rolling Hills DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$4,347,150

$4,555,000

$1,950,000

-55.1%

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

$983

$1,192

$908

-7.6%

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

-50.0%

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

-33.3%

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

16.0%

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

11.5%

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

12.5

n/a

13.5

132.0%

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

12.0%

3.1%

3.7%

6.9%

-42.5%

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

$2,841,388

$3,309,250

$3,147,083

$3,275,590

15.3%

current market snapshot $4.347

MAR APR

$1,950,000

MAY JUN

MEDIAN SALES PRICE

JUL

$908

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

29 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Rolling Hills Estates DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,425,000

$1,365,000

$1,580,000

$1,250,000

-12.3%

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

$616

$631

$554

$566

-8.1%

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

75.0%

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

-75.0%

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

-20.7%

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

-13.8%

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

7.2

3.3

-54.7%

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

41.4%

14.3%

17.4%

13.0%

-68.5%

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

$1,589,375

$1,605,692

$1,687,333

$1,543,270

-2.9%

current market snapshot MAR

$1.425

APR

$1,250,000

MAY JUN

MEDIAN SALES PRICE

JUL

$566

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.250 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

San Pedro DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$610,000

$605,000

$567,500

$637,500

4.5%

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

$359

$392

$357

$434

20.9%

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

-36.4%

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

41.4%

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

113

140

105

115

1.8%

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

-33.3%

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

2.6

3.4

4.1

59.9%

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

25.7%

26.4%

17.1%

35.7%

38.9%

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

$568,318

$632,917

$645,333

$620,708

9.2%

current market snapshot MAR

$610

APR

$637,500

MAY JUN

MEDIAN SALES PRICE

JUL

$434

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$637 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Torrance- County Strip DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$475,000

$509,500

$538,000

$535,250

12.7%

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

$321

$361

$311

$396

23.4%

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

100.0%

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

-50.0%

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

-40.0%

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

-64.1%

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

2.4

4.4

1.5

-70.0%

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

32.0%

26.3%

40.9%

26.7%

-16.7%

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

$479,146

$519,442

$514,083

$510,781

6.6%

current market snapshot MAR

$475

APR

$535,250

MAY JUN

MEDIAN SALES PRICE

JUL

$396

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$535 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Torrance- North DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$625,000

$630,000

$650,000

$630,000

0.8%

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

$429

$433

$464

8.2%

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

0.0%

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

0.0%

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

-31.8%

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

-53.6%

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

2.6

1.3

1.8

-31.8%

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

45.5%

32.1%

48.1%

66.7%

46.7%

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

$469,583

$631,708

$623,083

$626,635

33.4%

current market snapshot MAR

$625

APR

$630,000

MAY JUN

MEDIAN SALES PRICE

JUL

$464

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$630 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Torrance- South DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$889,000

$902,500

$928,880

$849,500

-4.4%

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

$476

$503

$452

$512

7.6%

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

-17.6%

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

0.0%

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

-4.2%

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

-33.3%

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

2.8

2.1

3.3

16.4%

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

43.8%

38.5%

33.3%

45.7%

4.3%

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

$857,888

$913,022

$959,167

$896,402

4.5%

current market snapshot MAR

$889

APR

$849,500

MAY JUN

MEDIAN SALES PRICE

JUL

$512

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$849 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Torrance- Southeast DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$620,000

$760,000

$630,000

1.6%

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

$440

$404

$386

$423

-3.9%

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

-52.9%

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

-36.4%

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

-39.2%

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

60.0%

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

1.4

4.5

3.9

29.2%

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

21.6%

26.9%

33.3%

22.6%

4.7%

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

$599,792

$661,250

$611,833

$641,327

6.9%

current market snapshot MAR

$620

APR

$630,000

MAY JUN

MEDIAN SALES PRICE

JUL

$423

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$630 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Torrance- West DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$828,000

$825,000

$800,000

$920,000

11.1%

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

$459

$480

$470

$573

24.8%

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

-40.0%

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

-5.3%

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

-17.1%

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

22.2%

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

2.7

2.1

1.2

3.8

38.2%

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

46.3%

51.6%

50.0%

52.9%

14.2%

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

$789,533

$824,292

$837,417

$826,750

4.7%

current market snapshot MAR

$828

APR

$920,000

MAY JUN

MEDIAN SALES PRICE

JUL

$573

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$920 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

San Fernando Valley Macro Market DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,026,688

$951,471

$909,353

$1,048,824

2.2%

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

$420

$437

$455

8.4%

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

18.7%

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

-3.3%

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

-16.6%

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

-3.6%

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

2.5

2.7

2.1

1.8

-29.7%

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

55.3%

41.0%

45.6%

64.1%

16.0%

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

$835,048

$962,902

$999,353

$910,046

9.0%

current market snapshot MAR

$1.026

APR

$1,048,824

MAY JUN

MEDIAN SALES PRICE

JUL

$455

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.048 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Agoura Hills DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$749,000

$850,000

$870,000

$1,075,000

43.5%

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

$362

$381

$361

$371

2.5%

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

0.0%

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

-10.7%

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

-32.1%

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

109

24.6%

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

3.5

3.4

2.6

2.4

-32.1%

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

50.0%

30.9%

30.8%

65.8%

31.6%

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

$879,000

$862,167

$896,667

$860,231

-2.1%

current market snapshot MAR

$749

APR

$1,075,000

MAY JUN

MEDIAN SALES PRICE

JUL

$371

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.075 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Burbank DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$701,000

$771,000

$735,000

$748,000

6.7%

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

$477

$485

$492

$498

4.4%

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

10.0%

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

8.0%

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

103

-27.4%

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

10.0%

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

1.7

1.6

1.4

1.1

-34.0%

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

59.5%

56.3%

78.1%

88.5%

48.7%

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

$706,833

$767,000

$766,000

$750,923

6.2%

current market snapshot MAR

$701

APR

$748,000

MAY JUN

MEDIAN SALES PRICE

JUL

$498

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$748 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Calabasas DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,925,000

$2,146,000

$1,045,000

$1,780,000

-7.5%

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

$475

$451

$429

$454

-4.4%

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

-46.2%

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

0.0%

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

101

1.3%

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

-16.5%

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

4.6

5.6

88.1%

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

43.6%

25.7%

16.9%

43.0%

-1.3%

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

$1,320,750

$1,348,000

$1,463,333

$1,459,538

10.5%

current market snapshot MAR

$1.925

APR

$1,780,000

MAY JUN

MEDIAN SALES PRICE

JUL

$454

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.780 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Encino DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,310,000

$1,033,000

$1,391,000

$1,290,000

-1.5%

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

$484

$498

$492

$474

-2.1%

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

43.2%

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

9.1%

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

120

127

-20.8%

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

-16.1%

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

3.2

3.7

2.5

1.8

-44.7%

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

36.7%

36.2%

38.2%

50.5%

37.8%

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

$1,161,896

$1,258,000

$1,255,667

$1,255,231

8.0%

current market snapshot MAR

$1.310

APR

$1,290,000

MAY JUN

MEDIAN SALES PRICE

JUL

$474

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.290 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Glendale DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$888,000

$854,000

$865,000

$869,000

-2.1%

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

$472

$448

$447

$494

4.7%

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

-43.7%

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

-38.0%

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

140

2.6%

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

28.9%

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

1.8

1.1

-37.2%

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

64.3%

56.8%

71.4%

101.3%

57.5%

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

$807,000

$876,667

$882,667

$865,417

7.2%

current market snapshot MAR

$820

APR

$869,000

MAY JUN

MEDIAN SALES PRICE

JUL

$494

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$888 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

La Crescenta DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$823,000

$765,000

$738,000

$854,000

3.8%

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

$458

$490

$512

$514

12.2%

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

14.3%

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

23.1%

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

-42.3%

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

-11.1%

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

1.9

0.9

-49.5%

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

50.0%

75.0%

141.7%

106.7%

113.3%

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

$769,750

$809,333

$846,667

$812,077

5.5%

current market snapshot MAR

$823

APR

$854,000

MAY JUN

MEDIAN SALES PRICE

JUL

$514

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

0.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$854 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

North Hollywood DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$527,000

$520,000

$590,000

$560,000

6.3%

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

$362

$352

$397

$393

8.6%

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

-21.6%

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

-4.3%

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

-6.4%

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

-10.9%

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

1.3

2.2

1.5

19.4%

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

100.0%

55.4%

54.0%

102.3%

2.3%

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

$503,125

$549,000

$546,000

$531,000

5.5%

current market snapshot MAR

$527

APR

$560,000

MAY JUN

MEDIAN SALES PRICE

JUL

$393

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$560 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Shadow Hills DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,352,000

$758,000

$782,000

$825,000

-39.0%

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

$273

$318

$344

$313

14.7%

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

25.0%

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

-25.0%

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

42.9%

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

-10.3%

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

1.8

3.5

1.7

14.3%

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

57.1%

21.4%

70.0%

30.0%

-47.5%

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

$756,667

$736,500

$767,333

$764,231

1.0%

current market snapshot $1.352

MAR APR

$825,000

MAY JUN

MEDIAN SALES PRICE

JUL

$313

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

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

Micro Market Report : March 2017

telesproperties.com

Sherman Oaks DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,125,000

$1,304,000

$1,195,000

$1,100,000

-2.2%

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

$523

$520

$503

$492

-5.9%

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

33.3%

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

-3.1%

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

137

158

105

-29.2%

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

47.4%

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

2.5

2.8

2.4

1.3

-46.9%

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

47.4%

43.7%

45.7%

64.9%

36.9%

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

$993,188

$1,161,000

$1,144,667

$1,163,000

17.1%

current market snapshot MAR

$1.125

APR

$1,100,000

MAY JUN

MEDIAN SALES PRICE

JUL

$492

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

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

Micro Market Report : March 2017

telesproperties.com

Studio City DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,480,000

$1,550,000

$1,293,000

$1,600,000

8.1%

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

$514

$626

$597

$558

8.6%

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

63.2%

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

73.1%

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

-6.9%

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

-9.4%

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

3.8

3.3

2.1

2.2

-43.0%

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

36.1%

45.4%

39.2%

67.2%

86.0%

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

$1,330,375

$1,397,333

$1,474,333

$1,429,385

7.4%

current market snapshot MAR

$1.480

APR

$1,600,000

MAY JUN

MEDIAN SALES PRICE

JUL

$558

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Sun Valley DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$440,000

$490,000

$475,000

$472,000

7.3%

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

$334

$317

$336

$423

26.6%

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

-12.5%

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

-29.6%

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

-43.3%

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

-19.2%

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

1.9

2.2

1.1

1.2

-35.2%

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

90.0%

58.1%

76.2%

111.8%

24.2%

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

$450,250

$496,667

$497,333

$481,538

6.9%

current market snapshot MAR

$440

APR

$472,000

MAY JUN

MEDIAN SALES PRICE

JUL

$423

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$472 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Sunland/Tujunga DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$533,000

$576,000

$562,000

$639,000

19.9%

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

$341

$358

$380

$316

-7.3%

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

-50.0%

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

-69.1%

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

-58.5%

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

-16.3%

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

1.2

1.6

-17.1%

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

134.1%

45.0%

54.8%

100.0%

-25.5%

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

$501,208

$577,333

$579,000

$563,000

12.3%

current market snapshot MAR

$533

APR

$639,000

MAY JUN

MEDIAN SALES PRICE

JUL

$316

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$639 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Tarzana DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$949,000

$830,000

$1,083,000

$1,079,000

13.7%

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

$393

$424

$399

$384

-2.3%

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

55.6%

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

-17.1%

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

-11.1%

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

106

49.3%

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

2.9

2.7

2.3

-42.9%

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

48.6%

25.3%

41.7%

45.3%

-6.8%

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

$909,917

$1,063,833

$1,038,667

$1,031,692

13.4%

current market snapshot MAR

$949

APR

$1,079,000

MAY JUN

MEDIAN SALES PRICE

JUL

$384

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.079 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Toluca Lake DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,560,000

$788,000

$1,065,000

$1,068,000

-31.5%

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

$534

$484

$495

$712

33.3%

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

50.0%

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

33.3%

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

25.0%

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

-7.5%

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

5.2

2.5

-16.7%

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

50.0%

28.6%

21.4%

53.3%

6.7%

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

$1,186,125

$1,433,167

$1,521,333

$1,371,462

15.6%

current market snapshot $1.560

MAR APR

$1,068,000

MAY JUN

MEDIAN SALES PRICE

JUL

$712

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.068 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Valley Village DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$850,000

$945,000

$865,000

$878,000

3.3%

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

$421

$490

$479

$455

8.1%

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

70.0%

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

6.2%

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

-3.6%

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

12.3%

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

2.8

1.8

1.2

1.6

-43.3%

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

57.1%

56.8%

32.1%

63.0%

10.2%

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

$869,333

$880,333

$924,000

$903,615

3.9%

current market snapshot MAR

$850

APR

$878,000

MAY JUN

MEDIAN SALES PRICE

JUL

$455

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$878 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Westlake Village DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,330,000

$1,225,000

$1,150,000

$1,487,000

11.8%

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

$420

$431

$408

$456

8.6%

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

50.0%

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

4.8%

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

118

0.0%

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

-36.9%

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

3.8

3.3

5.3

2.5

-33.3%

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

42.9%

31.4%

22.2%

44.9%

4.8%

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

$1,122,583

$1,269,667

$1,375,000

$1,257,000

12.0%

current market snapshot MAR

$1.330

APR

$1,487,000

MAY JUN

MEDIAN SALES PRICE

JUL

$456

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.487 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Woodland Hills DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$773,000

$770,000

$755,000

$1,487,000

92.4%

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

$353

$363

$360

$456

29.2%

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

-20.4%

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

-46.3%

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

130

200

106

-24.6%

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

-13.1%

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

2.7

3.2

1.9

2.5

-5.3%

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

63.1%

32.0%

39.6%

44.9%

-28.8%

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

$745,000

$880,167

$1,004,000

$818,077

9.8%

current market snapshot MAR

$773

APR

$1,487,000

MAY JUN

MEDIAN SALES PRICE

JUL

$456

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.487 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

San Gabriel Valley Macro Market DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$965,917

$987,417

$1,038,500

$1,088,083

12.6%

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

$520

$518

$533

$540

4.0%

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

-4.0%

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

-22.7%

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

-6.1%

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

-8.2%

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

2.6

2.7

2.6

-2.2%

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

53.4%

35.6%

42.9%

43.9%

-17.7%

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

$998,769

$1,074,556

$1,118,611

$1,043,077

4.4%

current market snapshot MAR

$965

APR

$1,088,083

MAY JUN

MEDIAN SALES PRICE

JUL

$540

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.088 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Alhambra DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$620,000

$674,000

$673,000

$630,000

1.6%

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

$358

$445

$429

$423

18.2%

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

100.0%

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

-11.5%

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

-21.1%

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

8.6%

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

3.5

3.2

2.6

1.4

-60.5%

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

68.4%

31.2%

41.7%

76.7%

12.1%

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

$570,500

$648,333

$636,667

$626,692

9.8%

current market snapshot MAR

$620

APR

$630,000

MAY JUN

MEDIAN SALES PRICE

JUL

$423

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$630 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Altadena DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$738,000

$735,000

$775,000

$780,000

5.7%

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

$418

$428

$447

$476

13.9%

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

23.1%

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

-17.9%

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

-19.6%

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

-21.0%

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

2.2

1.2

1.4

-34.7%

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

69.6%

81.1%

66.7%

71.1%

2.1%

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

$701,917

$781,000

$777,000

$752,462

7.2%

current market snapshot MAR

$738

APR

$780,000

MAY JUN

MEDIAN SALES PRICE

JUL

$476

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$780 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Arcadia DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,015,000

$1,169,000

$1,093,000

$1,050,000

3.4%

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

$552

$532

$545

$577

4.5%

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

-17.5%

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

-22.4%

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

186

218

163

195

4.8%

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

-36.5%

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

4.6

4.5

5.9

27.1%

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

31.2%

12.8%

16.0%

23.1%

-26.0%

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

$1,276,042

$1,313,333

$1,451,333

$1,264,000

-0.9%

current market snapshot MAR

$1.015

APR

$1,050,000

MAY JUN

MEDIAN SALES PRICE

JUL

$577

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.050 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Duarte DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$445,000

$449,000

$478,000

$460,000

3.4%

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

$388

$391

$344

$380

-2.1%

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

-20.0%

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

-25.0%

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

-7.4%

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

3.8%

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

1.8

1.9

1.8

2.1

15.7%

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

74.1%

37.8%

31.8%

60.0%

-19.0%

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

$453,417

$484,333

$482,667

$479,615

5.8%

current market snapshot MAR

$445

APR

$460,000

MAY JUN

MEDIAN SALES PRICE

JUL

$380

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$460 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Eagle Rock DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$771,000

$700,000

$885,000

$850,000

10.2%

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

$464

$485

$587

$532

14.7%

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

-65.4%

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

-79.4%

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

-60.7%

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

21.4%

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

1.1

1.9

1.7

1.2

13.5%

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

121.4%

64.3%

41.2%

63.6%

-47.6%

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

$717,250

$816,333

$795,333

$794,385

10.8%

current market snapshot MAR

$771

APR

$850,000

MAY JUN

MEDIAN SALES PRICE

JUL

$532

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

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

Micro Market Report : March 2017

telesproperties.com

La Canada Flintridge DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,748,000

$1,663,000

$1,608,000

$1,818,000

4.0%

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

$684

$644

$593

$672

-1.8%

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

8.3%

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

-10.7%

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

-1.9%

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

-46.4%

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

2.2

1.6

-9.4%

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

52.8%

45.8%

72.0%

48.1%

-9.0%

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

$1,601,918

$1,840,333

$1,910,000

$1,756,923

9.7%

current market snapshot MAR

$1.748

APR

$1,818,000

MAY JUN

MEDIAN SALES PRICE

JUL

$672

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.818 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Monrovia DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$617,000

$640,000

$660,000

$707,000

14.6%

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

$421

$438

$410

$450

6.9%

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

11.8%

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

-48.6%

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

-2.3%

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

-49.0%

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

2.5

3.2

1.5

2.2

-12.6%

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

81.4%

53.8%

68.6%

42.9%

-47.3%

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

$634,917

$655,000

$676,000

$643,154

1.3%

current market snapshot MAR

$617

APR

$707,000

MAY JUN

MEDIAN SALES PRICE

JUL

$450

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$707 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Pasadena DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$824,000

$858,000

$856,000

$785,000

-4.7%

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

$550

$538

$524

$585

6.4%

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

-13.9%

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

-11.6%

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

170

208

143

172

1.2%

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

0.0%

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

2.2

2.6

1.5

2.5

17.5%

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

50.6%

36.5%

49.0%

44.2%

-12.7%

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

$802,583

$832,500

$803,000

$843,231

5.1%

current market snapshot MAR

$824

APR

$785,000

MAY JUN

MEDIAN SALES PRICE

JUL

$585

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$785 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

San Gabriel DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$879,000

$685,000

$868,000

$699,000

-20.5%

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

$430

$431

$453

$465

8.1%

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

66.7%

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

7.4%

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

-25.0%

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

-6.7%

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

2.4

1.6

2.2

-55.0%

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

45.0%

33.9%

64.9%

64.4%

43.2%

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

$741,042

$760,833

$762,333

$736,308

-0.6%

current market snapshot $879

MAR APR

$699,000

MAY JUN

MEDIAN SALES PRICE

JUL

$465

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$699 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

San Marino DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,979,000

$2,054,000

$2,275,000

$2,480,000

25.3%

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

$822

$805

$933

$778

-5.4%

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

-16.7%

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

-42.9%

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

29.0%

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

-6.6%

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

2.6

4.3

2.6

54.8%

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

45.2%

30.2%

35.5%

20.0%

-55.7%

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

$2,272,417

$2,337,000

$2,541,667

$2,296,769

1.1%

current market snapshot MAR

$1.979

APR

$2,480,000

MAY JUN

MEDIAN SALES PRICE

JUL

$778

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.480 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Sierra Madre DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$885,000

$1,150,000

$947,000

$1,148,000

29.7%

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

$544

$491

$512

$523

-3.9%

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

-25.0%

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

-7.7%

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

-28.6%

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

120.5%

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

2.6

2.7

3.6

2.5

-4.8%

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

61.9%

52.6%

33.3%

80.0%

29.2%

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

$1,004,333

$1,052,500

$1,112,667

$1,004,154

-0.0%

current market snapshot MAR

$885

APR

$1,148,000

MAY JUN

MEDIAN SALES PRICE

JUL

$523

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.148 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

South Pasadena DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,070,000

$1,072,000

$1,344,000

$1,650,000

54.2%

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

$604

$592

$619

$624

3.3%

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

28.6%

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

25.0%

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

-21.4%

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

-45.0%

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

2.5

0.7

1.2

-38.9%

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

57.1%

44.0%

140.0%

90.9%

59.1%

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

$1,208,899

$1,373,167

$1,474,667

$1,319,231

9.1%

current market snapshot MAR

$1.070

APR

$1,650,000

MAY JUN

MEDIAN SALES PRICE

JUL

$624

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

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Orange County

Orange County Macro

Ladera Ranch

San Clemente

Aliso Viejo

Laguna Beach

San Juan Capistrano

Balboa Peninsula

Laguna Hills

Shady Canyon

Corona del Mar - Spyglass

Laguna Niguel

Turtle Ridge

Coto de Caza

Laguna Woods

Turtle Rock

Crystal Cove

Lower Newport Bay - Balboa Island

Westminster

Dana Point

Mission Viejo

West Bay - Santa Ana Heights

East Bluff - Harbor View

Nelle Gail

West Newport - Lido

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Micro Market Report : March 2017

telesproperties.com

County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : March 2017

telesproperties.com

Orange County DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$715,000

$733,500

$740,000

$756,000

5.7%

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

$437

$425

$450

$449

2.7%

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

1569

1666

1552

1669

6.4%

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

1928

1735

1123

2015

4.5%

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

6,331

7,228

4,797

6,170

-2.5%

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

-12.0%

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

4.3

3.1

3.7

-8.4%

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

30.5%

24.0%

23.4%

32.7%

7.2%

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

$703,042

$741,492

$744,667

$737,112

4.8%

current market snapshot MAR

$715

APR

$756,000

MAY JUN

MEDIAN SALES PRICE

JUL

$449

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$756 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Aliso Viejo DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$736,250

$800,000

$745,000

$765,500

4.0%

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

$369

$376

$386

$366

-0.8%

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

-11.1%

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

10.5%

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

-7.8%

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

-20.6%

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

3.6

2.2

2.1

3.7

3.7%

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

29.7%

27.3%

26.7%

35.6%

19.9%

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

$749,146

$781,408

$779,317

$776,362

3.6%

current market snapshot MAR

$736

APR

$765,500

MAY JUN

MEDIAN SALES PRICE

JUL

$366

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$765 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Balboa Peninsula DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,942,500

$2,875,000

$3,687,500

$5,650,000

190.9%

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

$1,005

$1,200

$1,434

$1,780

77.1%

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

50.0%

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

300.0%

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

-4.3%

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

160

123

355.6%

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

23.5

12.8

-36.2%

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

4.3%

17.6%

15.8%

17.8%

317.8%

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

$2,598,708

$3,327,000

$3,433,167

$3,686,115

41.8%

current market snapshot MAR

$1.942

APR

$5,650,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,780

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

15 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$5.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Corona del Mar - Spyglass DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$2,862,500

$3,200,000

$2,905,000

$2,575,000

-10.0%

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

$1,352

$1,101

$1,075

$946

-30.0%

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

9.1%

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

81.8%

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

-1.2%

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

170

32.3%

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

7.4

11.6

5.1

6.7

-9.5%

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

13.6%

14.8%

25.0%

84.1%

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

$2,735,250

$2,855,622

$2,906,243

$2,852,787

4.3%

current market snapshot MAR

$2.862

APR

$2,575,000

MAY JUN

MEDIAN SALES PRICE

JUL

$946

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.575 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Coto de Caza DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,168,800

$1,250,000

$1,172,500

$1,115,000

-4.6%

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

$360

$363

$323

$315

-12.5%

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

0.0%

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

0.0%

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

139

126

125

-10.1%

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

129

13.5%

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

8.2

5.7

8.8

7.4

-10.1%

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

18.0%

16.7%

17.0%

20.0%

11.2%

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

$1,156,993

$1,156,250

$1,133,333

$1,162,525

0.5%

current market snapshot MAR

$1.168

APR

$1,115,000

MAY JUN

MEDIAN SALES PRICE

JUL

$315

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.115 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Crystal Cove DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$4,888,888

$8,650,000

$8,725,000

78.5%

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

$1,208

$1,406

$1,346

11.4%

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

100.0%

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

n/a

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

44.4%

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

n/a

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

n/a

-27.8%

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

0.0%

4.3%

5.0%

11.5%

n/a

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

$7,920,736

$7,555,000

$7,850,000

$6,802,664

-14.1%

current market snapshot MAR

$4.888

APR

$8,725,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,346

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

13 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$8.725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Dana Point DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$890,000

$923,750

$940,000

$890,000

0.0%

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

$851

$654

$612

$806

-5.3%

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

-15.8%

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

-9.1%

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

163

192

138

165

1.2%

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

106

-1.4%

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

8.6

8.7

4.8

10.3

20.2%

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

20.2%

11.5%

10.9%

18.2%

-10.2%

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

$1,045,796

$946,667

$989,500

$974,068

-6.9%

current market snapshot MAR

$890

APR

$890,000

MAY JUN

MEDIAN SALES PRICE

JUL

$806

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

10.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

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

Micro Market Report : March 2017

telesproperties.com

East Bluff - Harbor View DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

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

$1,895,000

$1,884,112

$1,950,000

$1,912,500

0.9%

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

$740

$752

$634

$727

-1.8%

Properties Sold .......................................................

-36.8%

Properties Pending Sale .......................................

-17.9%

Properties For Sale ................................................

107

120

113

5.6%

Days on Market (Pending Sale) ...........................

1.9%

Month’s Supply of Inventory ................................

5.6

3.8

9.4

67.2%

Percent Under Contract ........................................

26.2%

13.3%

11.2%

20.4%

-22.2%

Average Median Price for Last 12 Months ........

$1,845,395

$1,963,083

$2,128,333

$1,901,009

3.0%

current market snapshot MAR

$1.895

APR

$1,912,500

MAY JUN

MEDIAN SALES PRICE

JUL

$727

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.912 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

East Costa Mesa DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$875,000

$880,000

$1,050,000

$1,004,500

14.8%

Average Price per Square Foot ...........................

$651

$558

$548

$549

-15.7%

Properties Sold .......................................................

15.8%

Properties Pending Sale .......................................

66.7%

Properties For Sale ................................................

3.8%

Days on Market (Pending Sale) ...........................

-21.6%

Month’s Supply of Inventory ................................

2.7

4.6

2.5

-10.3%

Percent Under Contract ........................................

23.1%

18.3%

22.0%

37.0%

60.5%

Average Median Price for Last 12 Months ........

$959,443

$1,033,958

$1,032,500

$1,012,488

5.5%

current market snapshot MAR

$875

APR

$1,004,500

MAY JUN

MEDIAN SALES PRICE

JUL

$549

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.004 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Fountain Valley DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$745,000

$770,000

$780,000

$806,250

8.2%

Average Price per Square Foot ...........................

$364

$368

$361

$376

3.3%

Properties Sold .......................................................

-11.1%

Properties Pending Sale .......................................

10.0%

Properties For Sale ................................................

-11.6%

Days on Market (Pending Sale) ...........................

-39.1%

Month’s Supply of Inventory ................................

2.6

3.1

1.8

2.5

-0.5%

Percent Under Contract ........................................

43.5%

36.1%

42.3%

54.1%

24.4%

Average Median Price for Last 12 Months ........

$721,033

$773,533

$769,750

$757,785

5.1%

current market snapshot MAR

$745

APR

$806,250

MAY JUN

MEDIAN SALES PRICE

JUL

$376

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$806 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Huntington Beach DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$767,500

$800,000

$823,500

$820,000

6.8%

Average Price per Square Foot ...........................

$469

$464

$470

$495

5.5%

Properties Sold .......................................................

102

119

103

111

8.8%

Properties Pending Sale .......................................

106

127

126

18.9%

Properties For Sale ................................................

350

382

229

306

-12.6%

Days on Market (Pending Sale) ...........................

-18.2%

Month’s Supply of Inventory ................................

3.4

3.2

2.2

2.8

-19.7%

Percent Under Contract ........................................

30.3%

33.2%

29.3%

41.2%

36.0%

Average Median Price for Last 12 Months ........

$796,708

$813,917

$810,333

$812,000

1.9%

current market snapshot MAR

$767

APR

$820,000

MAY JUN

MEDIAN SALES PRICE

JUL

$495

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$820 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Irvine DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,084,500

$1,019,888

$1,081,500

$1,150,000

6.0%

Average Price per Square Foot ...........................

$454

$498

$475

$491

8.1%

Properties Sold .......................................................

113

109

18.5%

Properties Pending Sale .......................................

115

32.2%

Properties For Sale ................................................

369

483

314

406

10.0%

Days on Market (Pending Sale) ...........................

-31.1%

Month’s Supply of Inventory ................................

4.3

3.2

3.7

-7.1%

Percent Under Contract ........................................

23.6%

20.5%

24.8%

28.3%

20.1%

Average Median Price for Last 12 Months ........

$977,825

$1,098,683

$1,120,000

$1,071,297

9.6%

current market snapshot MAR

$1.084

APR

$1,150,000

MAY JUN

MEDIAN SALES PRICE

JUL

$491

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Ladera Ranch DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$820,000

$980,000

$847,500

$965,000

17.7%

Average Price per Square Foot ...........................

$343

$345

$325

$334

-2.6%

Properties Sold .......................................................

17.4%

Properties Pending Sale .......................................

-19.6%

Properties For Sale ................................................

125

124

108

-13.6%

Days on Market (Pending Sale) ...........................

-15.9%

Month’s Supply of Inventory ................................

5.4

4.6

2.7

-26.4%

Percent Under Contract ........................................

36.8%

23.4%

12.3%

34.3%

-6.9%

Average Median Price for Last 12 Months ........

$855,525

$869,583

$900,000

$880,692

2.9%

current market snapshot MAR

$820

APR

$965,000

MAY JUN

MEDIAN SALES PRICE

JUL

$334

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$965 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Laguna Beach DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$2,395,000

$1,834,500

$2,000,000

$2,681,094

11.9%

Average Price per Square Foot ...........................

$1,381

$1,056

$878

$1,319

-4.5%

Properties Sold .......................................................

11.1%

Properties Pending Sale .......................................

14.3%

Properties For Sale ................................................

239

281

190

232

-2.9%

Days on Market (Pending Sale) ...........................

113

139

111

-15.9%

Month’s Supply of Inventory ................................

8.9

11.7

7.7

-12.6%

Percent Under Contract ........................................

14.6%

9.6%

12.1%

17.2%

17.7%

Average Median Price for Last 12 Months ........

$2,008,456

$2,072,599

$2,211,865

$1,966,546

-2.1%

current market snapshot MAR

$2.395

APR

$2,681,094

MAY JUN

MEDIAN SALES PRICE

JUL

$1,319

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.681 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Laguna Niguel DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$890,000

$932,500

$810,000

$947,450

6.5%

Average Price per Square Foot ...........................

$425

$423

$404

$400

-5.9%

Properties Sold .......................................................

-2.9%

Properties Pending Sale .......................................

0.0%

Properties For Sale ................................................

241

309

187

246

2.1%

Days on Market (Pending Sale) ...........................

-12.2%

Month’s Supply of Inventory ................................

3.5

6.4

3.7

5.2%

Percent Under Contract ........................................

26.6%

23.3%

19.3%

26.0%

-2.0%

Average Median Price for Last 12 Months ........

$853,104

$884,825

$927,983

$886,650

3.9%

current market snapshot MAR

$890

APR

$947,450

MAY JUN

MEDIAN SALES PRICE

JUL

$400

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$947 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Laguna Hills DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$845,000

$800,000

$819,000

$764,000

-9.6%

Average Price per Square Foot ...........................

$376

$365

$388

$334

-11.2%

Properties Sold .......................................................

-13.6%

Properties Pending Sale .......................................

-16.1%

Properties For Sale ................................................

115

127

102

-11.3%

Days on Market (Pending Sale) ...........................

100

-15.4%

Month’s Supply of Inventory ................................

5.2

5.3

4.3

5.4

2.7%

Percent Under Contract ........................................

27.0%

17.3%

26.1%

25.5%

-5.4%

Average Median Price for Last 12 Months ........

$804,957

$813,684

$806,752

$823,931

2.4%

current market snapshot MAR

$845

APR

$764,000

MAY JUN

MEDIAN SALES PRICE

JUL

$334

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$764 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Laguna Woods DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$649,000

-100.0%

Average Price per Square Foot ...........................

$468

-100.0%

Properties Sold .......................................................

-100.0%

Properties Pending Sale .......................................

-100.0%

Properties For Sale ................................................

-100.0%

Days on Market (Pending Sale) ...........................

-100.0%

Month’s Supply of Inventory ................................

n/a

Percent Under Contract ........................................

100.0%

0.0%

n/a

Average Median Price for Last 12 Months ........

$194,333

n/a

$779,500

301.1%

current market snapshot MAR

$649

APR

No sales

MAY JUN

MEDIAN SALES PRICE

JUL

No sales

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

n/a MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Lantern Village in Dana Point DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$914,500

$775,000

$949,500

$855,000

-6.5%

Average Price per Square Foot ...........................

$493

$812

$361

$587

19.1%

Properties Sold .......................................................

0.0%

Properties Pending Sale .......................................

33.3%

Properties For Sale ................................................

18.2%

Days on Market (Pending Sale) ...........................

-25.0%

Month’s Supply of Inventory ................................

9.5

18.2%

Percent Under Contract ........................................

27.3%

19.2%

5.3%

30.8%

12.8%

Average Median Price for Last 12 Months ........

$930,708

$867,333

$878,333

$910,577

-2.2%

current market snapshot MAR

$914

APR

$855,000

MAY JUN

MEDIAN SALES PRICE

JUL

$587

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

13 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$855 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Lower Newport Bay - Balboa Island DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$2,185,000

$3,040,000

$3,200,000

$2,700,000

23.6%

Average Price per Square Foot ...........................

$1,133

$1,105

$1,202

$1,306

15.3%

Properties Sold .......................................................

16.7%

Properties Pending Sale .......................................

0.0%

Properties For Sale ................................................

3.6%

Days on Market (Pending Sale) ...........................

115

183

-62.5%

Month’s Supply of Inventory ................................

4.7

7.8

4.1

-11.2%

Percent Under Contract ........................................

21.4%

15.4%

17.2%

20.7%

-3.4%

Average Median Price for Last 12 Months ........

$3,326,333

$3,145,133

$2,985,267

$3,051,600

-8.3%

current market snapshot MAR

$2.185

APR

$2,700,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,306

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Mission Viejo DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$646,000

$705,000

$695,000

$711,000

10.1%

Average Price per Square Foot ...........................

$357

$351

$344

$371

3.9%

Properties Sold .......................................................

13.8%

Properties Pending Sale .......................................

-7.1%

Properties For Sale ................................................

265

301

170

258

-2.6%

Days on Market (Pending Sale) ...........................

-38.3%

Month’s Supply of Inventory ................................

3.2

2.7

2.6

-14.4%

Percent Under Contract ........................................

37.4%

30.6%

31.8%

35.7%

-4.5%

Average Median Price for Last 12 Months ........

$665,554

$706,492

$719,150

$693,919

4.3%

current market snapshot MAR

$646

APR

$711,000

MAY JUN

MEDIAN SALES PRICE

JUL

$371

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$711 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Monarch Beach DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,440,000

$1,550,000

$1,485,000

$3,537,500

145.7%

Average Price per Square Foot ...........................

$1,037

$849

$942

$1,075

3.7%

Properties Sold .......................................................

-40.0%

Properties Pending Sale .......................................

133.3%

Properties For Sale ................................................

15.5%

Days on Market (Pending Sale) ...........................

164

115

156

-40.2%

Month’s Supply of Inventory ................................

7.1

10.2

7.4

13.7

92.5%

Percent Under Contract ........................................

8.5%

6.5%

6.0%

17.1%

102.0%

Average Median Price for Last 12 Months ........

$1,632,677

$1,956,313

$2,109,167

$1,816,952

11.3%

current market snapshot MAR

$1.440

APR

$3,537,500

MAY JUN

MEDIAN SALES PRICE

JUL

$1,075

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

13.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$3.537 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Nelle Gail DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$845,000

$800,000

$819,000

$769,900

-8.9%

Average Price per Square Foot ...........................

$376

$365

$388

$331

-12.0%

Properties Sold .......................................................

-22.7%

Properties Pending Sale .......................................

-13.8%

Properties For Sale ................................................

112

123

100

-10.7%

Days on Market (Pending Sale) ...........................

105

-21.2%

Month’s Supply of Inventory ................................

5.1

4.1

5.9

15.5%

Percent Under Contract ........................................

25.9%

17.1%

25.8%

25.0%

-3.4%

Average Median Price for Last 12 Months ........

$818,487

$834,146

$847,676

$835,891

2.1%

current market snapshot MAR

$845

APR

$769,900

MAY JUN

MEDIAN SALES PRICE

JUL

$331

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$769 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Newport Beach DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,870,000

$1,953,000

$2,155,000

$2,265,000

21.1%

Average Price per Square Foot ...........................

$763

$890

$916

$900

18.0%

Properties Sold .......................................................

-9.8%

Properties Pending Sale .......................................

28.6%

Properties For Sale ................................................

324

401

276

340

4.9%

Days on Market (Pending Sale) ...........................

104

28.2%

Month’s Supply of Inventory ................................

6.4

7.6

4.8

7.4

16.3%

Percent Under Contract ........................................

17.3%

14.7%

14.1%

21.2%

22.5%

Average Median Price for Last 12 Months ........

$1,944,896

$2,076,667

$2,201,667

$2,006,792

3.2%

current market snapshot MAR

$1.870

APR

$2,265,000

MAY JUN

MEDIAN SALES PRICE

JUL

$900

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.265 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Newport Coast DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$2,032,500

$3,100,000

$2,650,000

$3,015,000

48.3%

Average Price per Square Foot ...........................

$762

$812

$1,112

$961

26.1%

Properties Sold .......................................................

6.2%

Properties Pending Sale .......................................

23.1%

Properties For Sale ................................................

101

117

101

110

8.9%

Days on Market (Pending Sale) ...........................

81.2%

Month’s Supply of Inventory ................................

6.3

16.7

6.7

6.5

2.5%

Percent Under Contract ........................................

12.9%

5.1%

14.9%

14.5%

13.0%

Average Median Price for Last 12 Months ........

$3,083,089

$2,910,604

$3,335,000

$2,896,625

-6.0%

current market snapshot MAR

$2.032

APR

$3,015,000

MAY JUN

MEDIAN SALES PRICE

JUL

$961

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$3.015 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Newport Heights DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,390,000

$3,647,500

$1,520,000

$1,550,000

11.5%

Average Price per Square Foot ...........................

$674

$788

$670

$729

8.2%

Properties Sold .......................................................

50.0%

Properties Pending Sale .......................................

125.0%

Properties For Sale ................................................

19.4%

Days on Market (Pending Sale) ...........................

142

136

183.3%

Month’s Supply of Inventory ................................

7.8

11.8

13.5

6.2

-20.4%

Percent Under Contract ........................................

12.9%

4.3%

14.8%

24.3%

88.5%

Average Median Price for Last 12 Months ........

$1,635,417

$1,805,313

$1,965,000

$1,881,469

15.0%

current market snapshot MAR

$1.390

APR

$1,550,000

MAY JUN

MEDIAN SALES PRICE

JUL

$729

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.550 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Rancho Santa Margarita DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$665,000

$725,000

$730,000

9.8%

Average Price per Square Foot ...........................

$343

$325

$336

$351

2.3%

Properties Sold .......................................................

15.4%

Properties Pending Sale .......................................

30.2%

Properties For Sale ................................................

118

168

136

15.3%

Days on Market (Pending Sale) ...........................

-8.7%

Month’s Supply of Inventory ................................

4.7

1.8

-0.1%

Percent Under Contract ........................................

36.4%

28.6%

36.0%

41.2%

13.0%

Average Median Price for Last 12 Months ........

$691,271

$725,833

$726,667

$724,615

4.8%

current market snapshot MAR

$665

APR

$730,000

MAY JUN

MEDIAN SALES PRICE

JUL

$351

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$730 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

San Clemente DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$890,000

$870,000

$965,000

$906,950

1.9%

Average Price per Square Foot ...........................

$429

$390

$400

$399

-7.0%

Properties Sold .......................................................

37.5%

Properties Pending Sale .......................................

103

-29.1%

Properties For Sale ................................................

326

331

212

293

-10.1%

Days on Market (Pending Sale) ...........................

45.5%

Month’s Supply of Inventory ................................

6.8

4.2

3.3

4.4

-34.6%

Percent Under Contract ........................................

31.6%

21.5%

18.4%

24.9%

-21.1%

Average Median Price for Last 12 Months ........

$911,270

$921,158

$903,983

$920,467

1.0%

current market snapshot MAR

$890

APR

$906,950

MAY JUN

MEDIAN SALES PRICE

JUL

$399

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$906 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

San Juan Capistrano DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$782,099

$1,050,000

$973,000

$998,000

27.6%

Average Price per Square Foot ...........................

$378

$355

$387

$393

4.0%

Properties Sold .......................................................

10.0%

Properties Pending Sale .......................................

58.6%

Properties For Sale ................................................

160

197

139

169

5.6%

Days on Market (Pending Sale) ...........................

65.3%

Month’s Supply of Inventory ................................

5.3

5.8

3.8

5.1

-4.0%

Percent Under Contract ........................................

18.1%

17.3%

20.1%

27.2%

50.2%

Average Median Price for Last 12 Months ........

$944,439

$914,250

$850,167

$925,988

-2.0%

current market snapshot MAR

$782

APR

$998,000

MAY JUN

MEDIAN SALES PRICE

JUL

$393

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$998 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Shady Canyon DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,443,000

$2,000,000

$2,124,000

$1,907,500

32.2%

Average Price per Square Foot ...........................

$600

$668

$659

$666

11.0%

Properties Sold .......................................................

40.0%

Properties Pending Sale .......................................

75.0%

Properties For Sale ................................................

102

3.5%

Days on Market (Pending Sale) ...........................

102

-6.7%

Month’s Supply of Inventory ................................

8.6

4.9

6.4

-26.1%

Percent Under Contract ........................................

9.3%

8.8%

15.6%

15.7%

69.1%

Average Median Price for Last 12 Months ........

$1,829,850

$1,768,583

$1,829,167

$1,785,462

-2.4%

current market snapshot MAR

$1.443

APR

$1,907,500

MAY JUN

MEDIAN SALES PRICE

JUL

$666

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.907 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Turtle Ridge DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$3,830,000

$1,893,650

$2,248,000

$1,875,000

-51.0%

Average Price per Square Foot ...........................

$678

$641

$655

$686

1.2%

Properties Sold .......................................................

66.7%

Properties Pending Sale .......................................

500.0%

Properties For Sale ................................................

87.5%

Days on Market (Pending Sale) ...........................

333.3%

Month’s Supply of Inventory ................................

5.3

5.2

8.7

12.5%

Percent Under Contract ........................................

6.2%

14.3%

15.4%

20.0%

220.0%

Average Median Price for Last 12 Months ........

$2,253,125

$2,244,100

$2,015,833

$2,514,014

11.6%

current market snapshot $3.830

MAR APR

$1,875,000

MAY JUN

MEDIAN SALES PRICE

JUL

$686

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Turtle Rock DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,331,500

$2,200,000

$1,915,000

$1,975,000

48.3%

Average Price per Square Foot ...........................

$609

$683

$653

$665

9.2%

Properties Sold .......................................................

33.3%

Properties Pending Sale .......................................

0.0%

Properties For Sale ................................................

-12.5%

Days on Market (Pending Sale) ...........................

103

117

135

-18.4%

Month’s Supply of Inventory ................................

9.3

4.7

6.6

6.1

-34.4%

Percent Under Contract ........................................

10.7%

9.3%

11.3%

12.2%

14.3%

Average Median Price for Last 12 Months ........

$1,732,467

$1,650,000

$1,715,000

$1,627,846

-6.0%

current market snapshot MAR

$1.331

APR

$1,975,000

MAY JUN

MEDIAN SALES PRICE

JUL

$665

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.975 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Westminster DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$599,000

$658,500

$592,000

$594,000

-0.8%

Average Price per Square Foot ...........................

$436

$398

$404

$353

-19.0%

Properties Sold .......................................................

14.3%

Properties Pending Sale .......................................

-9.3%

Properties For Sale ................................................

101

104

-22.8%

Days on Market (Pending Sale) ...........................

-43.6%

Month’s Supply of Inventory ................................

3.6

2.9

1.5

2.4

-32.4%

Percent Under Contract ........................................

42.6%

37.5%

35.0%

50.0%

17.4%

Average Median Price for Last 12 Months ........

$564,746

$610,583

$613,833

$608,962

7.8%

current market snapshot MAR

$599

APR

$594,000

MAY JUN

MEDIAN SALES PRICE

JUL

$353

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$594 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

West Bay - Santa Ana Heights DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,721,000

$1,525,000

$1,766,500

$1,776,000

3.2%

Average Price per Square Foot ...........................

$670

$729

$639

$745

11.2%

Properties Sold .......................................................

-18.8%

Properties Pending Sale .......................................

100.0%

Properties For Sale ................................................

-3.5%

Days on Market (Pending Sale) ...........................

102

115

-12.7%

Month’s Supply of Inventory ................................

3.6

5.8

4.5

4.2

18.8%

Percent Under Contract ........................................

12.3%

19.7%

18.4%

25.5%

107.3%

Average Median Price for Last 12 Months ........

$1,600,417

$1,614,542

$1,566,917

$1,613,827

0.8%

current market snapshot MAR

$1.721

APR

$1,776,000

MAY JUN

MEDIAN SALES PRICE

JUL

$745

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.776 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

West Newport - Lido DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,190,500

$3,925,000

$2,972,500

$2,230,000

87.3%

Average Price per Square Foot ...........................

$707

$1,427

$1,438

$953

34.8%

Properties Sold .......................................................

25.0%

Properties Pending Sale .......................................

33.3%

Properties For Sale ................................................

11.1%

Days on Market (Pending Sale) ...........................

150

171

14.0%

Month’s Supply of Inventory ................................

13.5

9.6

3.8

-11.1%

Percent Under Contract ........................................

16.7%

14.9%

11.3%

20.0%

Average Median Price for Last 12 Months ........

$2,325,458

$2,459,000

$2,644,167

$2,502,462

7.6%

current market snapshot MAR

$1.190

APR

$2,230,000

MAY JUN

MEDIAN SALES PRICE

JUL

$953

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

12 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.230 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Santa Barbara County

Carpinteria

Santa Barbara East of State

Goleta

Santa Barbara West of State

Hope Ranch

Santa Ynez

Montecito

Micro Market Report : March 2017

telesproperties.com

County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : March 2017

telesproperties.com

Carpinteria DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$910,000

$1,037,000

$879,000

$1,147,000

26.0%

Average Price per Square Foot ...........................

$530

$1,350

$964

$873

64.7%

Properties Sold .......................................................

200.0%

Properties Pending Sale .......................................

133.3%

Properties For Sale ................................................

51.9%

Days on Market (Pending Sale) ...........................

-13.3%

Month’s Supply of Inventory ................................

5.4

11.8

4.9

2.7

-49.4%

Percent Under Contract ........................................

11.1%

12.8%

11.8%

17.1%

53.7%

Average Median Price for Last 12 Months ........

$1,009,321

$1,061,125

$1,155,500

$1,009,365

0.0%

current market snapshot MAR

$910

APR

$1,147,000

MAY JUN

MEDIAN SALES PRICE

JUL

$873

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.147 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Goleta DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$815,526

$925,000

$818,250

$799,000

-2.0%

Average Price per Square Foot ...........................

$531

$623

$622

$557

4.9%

Properties Sold .......................................................

0.0%

Properties Pending Sale .......................................

-43.8%

Properties For Sale ................................................

-18.2%

Days on Market (Pending Sale) ...........................

0.0%

Month’s Supply of Inventory ................................

6.3

5.1

2.4

5.1

-18.2%

Percent Under Contract ........................................

36.4%

15.7%

23.5%

25.0%

-31.2%

Average Median Price for Last 12 Months ........

$809,895

$804,438

$821,208

$840,704

3.8%

current market snapshot MAR

$815

APR

$799,000

MAY JUN

MEDIAN SALES PRICE

JUL

$557

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$799 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Hope Ranch DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$4,692,500

$5,500,000

$3,350,000

-28.6%

Average Price per Square Foot ...........................

$1,608

$770

$784

-51.2%

Properties Sold .......................................................

150.0%

Properties Pending Sale .......................................

150.0%

Properties For Sale ................................................

87.5%

Days on Market (Pending Sale) ...........................

186

105

56.7%

Month’s Supply of Inventory ................................

n/a

-25.0%

Percent Under Contract ........................................

8.3%

2.6%

19.5%

11.1%

33.3%

Average Median Price for Last 12 Months ........

$3,412,677

$2,865,500

$2,945,000

$3,195,417

-6.4%

current market snapshot $4.692

MAR APR

$3,350,000

MAY JUN

MEDIAN SALES PRICE

JUL

$784

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$3.350 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Montecito DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$2,612,500

$2,235,000

$2,810,000

$2,950,000

12.9%

Average Price per Square Foot ...........................

$858

$923

$843

$999

16.4%

Properties Sold .......................................................

31.2%

Properties Pending Sale .......................................

-30.0%

Properties For Sale ................................................

181

203

167

198

9.4%

Days on Market (Pending Sale) ...........................

137

183

40.0%

Month’s Supply of Inventory ................................

11.3

14.5

11.9

9.4

-16.7%

Percent Under Contract ........................................

11.0%

7.4%

8.4%

7.1%

-36.0%

Average Median Price for Last 12 Months ........

$3,058,333

$3,016,750

$3,371,000

$2,869,077

-6.2%

current market snapshot MAR

$2.612

APR

$2,950,000

MAY JUN

MEDIAN SALES PRICE

JUL

$999

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Santa Barbara East of State DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,271,000

$1,229,000

$1,334,329

$1,415,000

11.3%

Average Price per Square Foot ...........................

$726

$703

$584

$655

-9.8%

Properties Sold .......................................................

-9.4%

Properties Pending Sale .......................................

-37.0%

Properties For Sale ................................................

137

163

122

124

-9.5%

Days on Market (Pending Sale) ...........................

-21.8%

Month’s Supply of Inventory ................................

4.3

4.4

4.3

-0.1%

Percent Under Contract ........................................

33.6%

17.2%

23.8%

23.4%

-30.3%

Average Median Price for Last 12 Months ........

$1,291,813

$1,356,862

$1,453,947

$1,307,177

1.2%

current market snapshot MAR

$1.271

APR

$1,415,000

MAY JUN

MEDIAN SALES PRICE

JUL

$655

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.415 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Santa Barbara West of State DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$990,250

$1,170,000

$1,269,500

$1,194,000

20.6%

Average Price per Square Foot ...........................

$669

$612

$749

$583

-12.9%

Properties Sold .......................................................

-12.5%

Properties Pending Sale .......................................

14.3%

Properties For Sale ................................................

5.3%

Days on Market (Pending Sale) ...........................

100.0%

Month’s Supply of Inventory ................................

4.7

4.9

4.4

5.6

20.4%

Percent Under Contract ........................................

28.0%

22.4%

16.9%

30.4%

8.5%

Average Median Price for Last 12 Months ........

$1,073,610

$1,127,816

$1,111,633

$1,078,588

0.5%

current market snapshot MAR

$990

APR

$1,194,000

MAY JUN

MEDIAN SALES PRICE

JUL

$583

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.194 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Santa Ynez DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$850,000

$860,000

$740,540

$886,172

4.3%

Average Price per Square Foot ...........................

$339

$386

$335

$484

42.8%

Properties Sold .......................................................

81.8%

Properties Pending Sale .......................................

29.4%

Properties For Sale ................................................

151

146

129

144

-4.6%

Days on Market (Pending Sale) ...........................

108

146

-8.3%

Month’s Supply of Inventory ................................

13.7

9.7

10.8

7.2

-47.5%

Percent Under Contract ........................................

11.3%

10.3%

7.0%

15.3%

35.7%

Average Median Price for Last 12 Months ........

$782,979

$803,444

$892,557

$798,628

2.0%

current market snapshot MAR

$850

APR

$886,172

MAY JUN

MEDIAN SALES PRICE

JUL

$484

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$886 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Monterey County

Carmel

Pacific Grove

Carmel Valley

Pebble Beach

Marina

Salinas

Monterey

Seaside

Micro Market Report : March 2017

telesproperties.com

County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : March 2017

telesproperties.com

Carmel DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,072,500

$1,375,000

$1,550,000

$1,600,000

49.2%

Average Price per Square Foot ...........................

$927

$760

$786

$827

-10.8%

Properties Sold .......................................................

-13.6%

Properties Pending Sale .......................................

0.0%

Properties For Sale ................................................

150

184

148

160

6.7%

Days on Market (Pending Sale) ...........................

134

0.0%

Month’s Supply of Inventory ................................

6.8

8.2

8.4

23.5%

Percent Under Contract ........................................

16.7%

12.5%

13.5%

15.6%

-6.2%

Average Median Price for Last 12 Months ........

$1,369,333

$1,498,750

$1,486,667

$1,465,962

7.1%

current market snapshot MAR

$1.072

APR

$1,600,000

MAY JUN

MEDIAN SALES PRICE

JUL

$827

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

8.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Carmel Valley DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$975,000

$1,162,500

$1,800,000

$997,000

2.3%

Average Price per Square Foot ...........................

$253

$546

$507

$472

86.6%

Properties Sold .......................................................

600.0%

Properties Pending Sale .......................................

40.0%

Properties For Sale ................................................

-25.7%

Days on Market (Pending Sale) ...........................

101

122

62.7%

Month’s Supply of Inventory ................................

13.3

11.8

7.9

-89.4%

Percent Under Contract ........................................

13.5%

16.2%

6.8%

25.5%

88.4%

Average Median Price for Last 12 Months ........

$894,317

$1,168,667

$995,667

$1,104,385

23.5%

current market snapshot MAR

$975

APR

$997,000

MAY JUN

MEDIAN SALES PRICE

JUL

$472

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$997 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Marina DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$447,500

$510,000

$499,500

$541,460

21.0%

Average Price per Square Foot ...........................

$299

$275

$330

$339

13.4%

Properties Sold .......................................................

40.0%

Properties Pending Sale .......................................

55.6%

Properties For Sale ................................................

16.7%

Days on Market (Pending Sale) ...........................

-24.2%

Month’s Supply of Inventory ................................

3.2

2.7

2.5

-16.7%

Percent Under Contract ........................................

30.0%

48.3%

25.9%

40.0%

33.3%

Average Median Price for Last 12 Months ........

$456,079

$511,327

$525,153

$496,266

8.8%

current market snapshot MAR

$447

APR

$541,460

MAY JUN

MEDIAN SALES PRICE

JUL

$339

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$541 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Monterey DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$674,000

$810,000

$705,000

$815,000

20.9%

Average Price per Square Foot ...........................

$413

$449

$430

4.1%

Properties Sold .......................................................

-12.5%

Properties Pending Sale .......................................

27.8%

Properties For Sale ................................................

103

10.0%

Days on Market (Pending Sale) ...........................

0.0%

Month’s Supply of Inventory ................................

3.3

3.7

6.3

25.7%

Percent Under Contract ........................................

22.5%

27.2%

16.9%

26.1%

16.2%

Average Median Price for Last 12 Months ........

$699,313

$745,600

$758,833

$762,469

9.0%

current market snapshot MAR

$674

APR

$815,000

MAY JUN

MEDIAN SALES PRICE

JUL

$430

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$815 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Pacific Grove DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$789,500

$837,500

$875,000

$942,000

19.3%

Average Price per Square Foot ...........................

$584

$595

$497

$655

12.2%

Properties Sold .......................................................

80.0%

Properties Pending Sale .......................................

0.0%

Properties For Sale ................................................

-24.2%

Days on Market (Pending Sale) ...........................

-20.3%

Month’s Supply of Inventory ................................

6.2

6.6

3.4

2.6

-57.9%

Percent Under Contract ........................................

29.0%

18.2%

14.6%

38.3%

31.9%

Average Median Price for Last 12 Months ........

$811,708

$958,500

$1,036,333

$900,846

11.0%

current market snapshot MAR

$789

APR

$942,000

MAY JUN

MEDIAN SALES PRICE

JUL

$655

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$942 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Pebble Beach DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,712,500

$1,294,500

$2,750,000

$1,156,500

-32.5%

Average Price per Square Foot ...........................

$685

$774

$1,151

$636

-7.2%

Properties Sold .......................................................

-40.0%

Properties Pending Sale .......................................

-9.1%

Properties For Sale ................................................

10.0%

Days on Market (Pending Sale) ...........................

122

-23.2%

Month’s Supply of Inventory ................................

8.9

8.3

14.7

83.3%

Percent Under Contract ........................................

13.8%

11.2%

5.3%

11.4%

-17.4%

Average Median Price for Last 12 Months ........

$1,600,417

$1,764,000

$1,443,000

$1,678,577

4.9%

current market snapshot $1.712

MAR APR

$1,156,500

MAY JUN

MEDIAN SALES PRICE

JUL

$636

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

14.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.156 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Salinas DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$455,000

$499,000

$445,000

$475,000

4.4%

Average Price per Square Foot ...........................

$264

$283

$281

$288

9.1%

Properties Sold .......................................................

1.9%

Properties Pending Sale .......................................

-10.6%

Properties For Sale ................................................

187

223

162

165

-11.8%

Days on Market (Pending Sale) ...........................

15.9%

Month’s Supply of Inventory ................................

3.6

3.5

2.8

3.1

-13.4%

Percent Under Contract ........................................

35.3%

32.7%

22.2%

35.8%

1.3%

Average Median Price for Last 12 Months ........

$417,385

$453,750

$460,667

$460,885

10.4%

current market snapshot MAR

$455

APR

$475,000

MAY JUN

MEDIAN SALES PRICE

JUL

$288

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Seaside DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$415,000

$505,000

$440,000

$500,000

20.5%

Average Price per Square Foot ...........................

$354

$340

$347

$328

-7.3%

Properties Sold .......................................................

-26.7%

Properties Pending Sale .......................................

16.7%

Properties For Sale ................................................

20.5%

Days on Market (Pending Sale) ...........................

8.8%

Month’s Supply of Inventory ................................

2.9

2.8

2.2

4.8

64.3%

Percent Under Contract ........................................

40.9%

35.3%

28.9%

39.6%

-3.1%

Average Median Price for Last 12 Months ........

$426,646

$473,000

$499,333

$462,450

8.4%

current market snapshot MAR

$415

APR

$500,000

MAY JUN

MEDIAN SALES PRICE

JUL

$328

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

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 : March 2017

telesproperties.com

County: SAN DIEGO Area: 4,526 SQ MILES Founded: 1850

Micro Market Report : March 2017

telesproperties.com

San Diego County DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$550,000

$570,000

$573,000

$575,030

4.6%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

1967

2018

1831

2088

6.2%

Properties Pending Sale .......................................

2555

2272

1603

2487

-2.7%

Properties For Sale ................................................

7,697

8,369

5,937

6,696

-13.0%

Days on Market (Pending Sale) ...........................

-9.5%

Month’s Supply of Inventory ................................

3.9

4.1

3.2

-18.0%

Percent Under Contract ........................................

33.2%

27.1%

27.0%

37.1%

11.9%

Average Median Price for Last 12 Months ........

$533,667

$568,255

$565,510

$565,772

5.7%

current market snapshot MAR

$550

APR

$575,030

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$575 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Bay Park/Old Town/Midway District DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$689,500

$827,900

$715,000

$849,000

23.1%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

10.0%

Properties Pending Sale .......................................

150.0%

Properties For Sale ................................................

12.5%

Days on Market (Pending Sale) ...........................

71.4%

Month’s Supply of Inventory ................................

2.4

4.4

3.5

2.5

2.3%

Percent Under Contract ........................................

16.7%

32.5%

23.8%

37.0%

122.2%

Average Median Price for Last 12 Months ........

$699,458

$751,333

$770,833

$752,835

7.1%

current market snapshot MAR

$689

APR

$849,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$849 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Carlsbad DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$835,000

$899,000

$866,000

$909,000

8.9%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

11.2%

Properties Pending Sale .......................................

116

108

115

-0.9%

Properties For Sale ................................................

333

369

247

312

-6.3%

Days on Market (Pending Sale) ...........................

24.2%

Month’s Supply of Inventory ................................

3.7

2.8

3.2

-15.8%

Percent Under Contract ........................................

34.8%

29.3%

28.3%

36.9%

5.8%

Average Median Price for Last 12 Months ........

$830,100

$865,583

$882,333

$873,462

5.0%

current market snapshot MAR

$835

APR

$909,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$909 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Carmel Valley DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,214,000

$1,235,000

$1,020,000

$1,245,000

2.6%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

-16.7%

Properties Pending Sale .......................................

-21.1%

Properties For Sale ................................................

189

168

121

148

-21.7%

Days on Market (Pending Sale) ...........................

3.8%

Month’s Supply of Inventory ................................

3.5

4.8

3.3

-6.0%

Percent Under Contract ........................................

30.2%

25.6%

29.8%

30.4%

0.8%

Average Median Price for Last 12 Months ........

$1,139,287

$1,192,417

$1,288,333

$1,177,615

3.3%

current market snapshot MAR

$1.214

APR

$1,245,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.245 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Chula Vista DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$505,000

$520,000

$519,876

$544,000

7.7%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

168

154

131

137

-18.5%

Properties Pending Sale .......................................

188

167

144

178

-5.3%

Properties For Sale ................................................

482

511

360

423

-12.2%

Days on Market (Pending Sale) ...........................

-27.5%

Month’s Supply of Inventory ................................

2.9

3.3

2.7

3.1

7.6%

Percent Under Contract ........................................

39.0%

32.7%

40.0%

42.1%

7.9%

Average Median Price for Last 12 Months ........

$485,315

$517,938

$519,250

$513,675

5.5%

current market snapshot MAR

$505

APR

$544,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$544 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Clairemont/Bay Ho/Bay Park DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$594,850

$565,800

$670,000

$655,000

10.1%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

-29.5%

Properties Pending Sale .......................................

7.7%

Properties For Sale ................................................

-21.2%

Days on Market (Pending Sale) ...........................

-53.1%

Month’s Supply of Inventory ................................

2.2

1.9

2.5

11.8%

Percent Under Contract ........................................

39.4%

41.4%

48.2%

53.8%

36.7%

Average Median Price for Last 12 Months ........

$559,613

$618,292

$614,917

$598,235

6.5%

current market snapshot MAR

$594

APR

$655,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$655 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Coronado DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,474,237

$1,850,000

$1,487,500

$1,790,000

21.4%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

0.0%

Properties Pending Sale .......................................

-31.8%

Properties For Sale ................................................

136

138

118

117

-14.0%

Days on Market (Pending Sale) ...........................

102

-6.9%

Month’s Supply of Inventory ................................

10.5

11.5

7.4

-14.0%

Percent Under Contract ........................................

16.2%

8.7%

11.0%

12.8%

-20.7%

Average Median Price for Last 12 Months ........

$1,713,378

$1,634,792

$1,721,667

$1,709,211

-0.2%

current market snapshot MAR

$1.474

APR

$1,790,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.790 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Del Mar DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,700,000

$1,667,500

$1,932,500

$1,380,000

-18.8%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

-23.1%

Properties Pending Sale .......................................

-45.8%

Properties For Sale ................................................

103

-14.6%

Days on Market (Pending Sale) ...........................

323

521.2%

Month’s Supply of Inventory ................................

7.9

8.6

8.8

11.1%

Percent Under Contract ........................................

23.3%

15.5%

11.1%

14.8%

-36.6%

Average Median Price for Last 12 Months ........

$1,877,635

$1,751,542

$1,573,333

$1,726,654

-8.7%

current market snapshot MAR

$1.700

APR

$1,380,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

8.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.380 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

El Cajon DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$444,000

$487,500

$462,000

$490,000

10.4%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

108

9.1%

Properties Pending Sale .......................................

114

105

137

20.2%

Properties For Sale ................................................

398

379

283

300

-24.6%

Days on Market (Pending Sale) ...........................

-20.0%

Month’s Supply of Inventory ................................

4.1

2.8

-30.9%

Percent Under Contract ........................................

28.6%

27.7%

25.8%

45.7%

59.4%

Average Median Price for Last 12 Months ........

$453,600

$483,250

$481,667

$482,466

6.0%

current market snapshot MAR

$444

APR

$490,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$490 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Encinitas DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$950,000

$1,162,500

$1,270,722

$1,012,500

6.6%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

9.7%

Properties Pending Sale .......................................

-9.8%

Properties For Sale ................................................

172

203

122

155

-9.9%

Days on Market (Pending Sale) ...........................

-29.3%

Month’s Supply of Inventory ................................

5.5

5.1

4.6

-17.8%

Percent Under Contract ........................................

29.7%

26.6%

25.4%

29.7%

0.1%

Average Median Price for Last 12 Months ........

$1,094,692

$1,185,787

$1,116,667

$1,160,594

5.7%

current market snapshot MAR

$950

APR

$1,012,500

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.012 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Escondido DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$530,000

$476,000

$510,000

$539,500

1.8%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

128

123

120

140

9.4%

Properties Pending Sale .......................................

161

180

121

186

15.5%

Properties For Sale ................................................

494

633

389

463

-6.3%

Days on Market (Pending Sale) ...........................

-12.2%

Month’s Supply of Inventory ................................

3.9

5.1

3.2

3.3

-14.3%

Percent Under Contract ........................................

32.6%

28.4%

31.1%

40.2%

23.3%

Average Median Price for Last 12 Months ........

$469,542

$513,833

$521,500

$507,316

7.4%

current market snapshot MAR

$530

APR

$539,500

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$539 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Imperial-Beach DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$500,000

$582,000

$497,500

$559,000

11.8%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

50.0%

Properties Pending Sale .......................................

87.5%

Properties For Sale ................................................

73.9%

Days on Market (Pending Sale) ...........................

-57.9%

Month’s Supply of Inventory ................................

2.9

7.5

3.3

15.9%

Percent Under Contract ........................................

34.8%

28.9%

8.3%

37.5%

7.8%

Average Median Price for Last 12 Months ........

$452,646

$527,908

$541,983

$510,862

11.4%

current market snapshot MAR

$500

APR

$559,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$559 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

La Jolla DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,898,000

$1,982,500

$1,815,000

$1,625,000

-14.4%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

-3.8%

Properties Pending Sale .......................................

-22.7%

Properties For Sale ................................................

258

278

208

235

-8.9%

Days on Market (Pending Sale) ...........................

105

-27.3%

Month’s Supply of Inventory ................................

9.9

8.3

9.4

-5.3%

Percent Under Contract ........................................

17.1%

11.2%

8.7%

14.5%

-15.2%

Average Median Price for Last 12 Months ........

$1,868,776

$1,850,000

$1,903,333

$1,946,462

4.0%

current market snapshot MAR

$1.898

APR

$1,625,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.625 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

La Mesa DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$510,000

$527,000

$530,000

$534,500

4.8%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

-16.4%

Properties Pending Sale .......................................

-8.0%

Properties For Sale ................................................

208

202

153

167

-19.7%

Days on Market (Pending Sale) ...........................

-25.0%

Month’s Supply of Inventory ................................

2.8

3.3

3.4

7.5%

Percent Under Contract ........................................

36.1%

30.7%

29.4%

41.3%

14.6%

Average Median Price for Last 12 Months ........

$486,189

$531,833

$538,667

$525,500

7.5%

current market snapshot MAR

$510

APR

$534,500

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$534 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Linda Vista/Clairemont Mesa East DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$529,999

$552,500

$575,000

$587,500

10.8%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

0.0%

Properties Pending Sale .......................................

-13.0%

Properties For Sale ................................................

-25.0%

Days on Market (Pending Sale) ...........................

-43.5%

Month’s Supply of Inventory ................................

1.7

2.8

1.5

1.6

-9.2%

Percent Under Contract ........................................

57.5%

35.3%

65.4%

66.7%

15.9%

Average Median Price for Last 12 Months ........

$519,625

$563,750

$570,833

$551,923

5.9%

current market snapshot MAR

$529

APR

$587,500

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$587 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Lemon Grove DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$400,000

$427,000

$429,500

$447,500

11.9%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

5.3%

Properties Pending Sale .......................................

-20.7%

Properties For Sale ................................................

-9.8%

Days on Market (Pending Sale) ...........................

-7.0%

Month’s Supply of Inventory ................................

1.8

2.4

2.2

2.3

30.8%

Percent Under Contract ........................................

56.9%

41.5%

44.7%

50.0%

-12.1%

Average Median Price for Last 12 Months ........

$384,688

$427,542

$429,417

$417,442

7.8%

current market snapshot MAR

$400

APR

$447,500

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$447 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

National City DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$329,000

$375,000

$350,000

$420,000

27.7%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

-10.0%

Properties Pending Sale .......................................

-40.0%

Properties For Sale ................................................

-27.6%

Days on Market (Pending Sale) ...........................

13.0%

Month’s Supply of Inventory ................................

2.3

3.9

3.3

2.3

0.6%

Percent Under Contract ........................................

43.1%

25.9%

30.4%

35.7%

-17.1%

Average Median Price for Last 12 Months ........

$348,250

$387,875

$401,667

$376,865

7.6%

current market snapshot MAR

$329

APR

$420,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$420 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Oceanside DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$480,000

$498,000

$498,500

$530,000

10.4%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

143

142

106

138

-3.5%

Properties Pending Sale .......................................

156

158

162

3.8%

Properties For Sale ................................................

370

389

238

327

-11.6%

Days on Market (Pending Sale) ...........................

0.0%

Month’s Supply of Inventory ................................

2.6

2.7

2.2

2.4

-8.4%

Percent Under Contract ........................................

42.2%

40.6%

39.9%

49.5%

17.5%

Average Median Price for Last 12 Months ........

$959,100

$511,083

$516,667

$508,846

-88.5%

current market snapshot MAR

$480

APR

$530,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$530 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Poway DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$757,000

$665,000

$640,000

$705,000

-6.9%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

-30.9%

Properties Pending Sale .......................................

-7.7%

Properties For Sale ................................................

189

188

114

158

-16.4%

Days on Market (Pending Sale) ...........................

-44.9%

Month’s Supply of Inventory ................................

3.4

3.5

2.4

4.2

21.0%

Percent Under Contract ........................................

27.5%

24.5%

24.6%

30.4%

10.4%

Average Median Price for Last 12 Months ........

$647,896

$672,258

$694,933

$681,196

4.9%

current market snapshot MAR

$757

APR

$705,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$705 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Rancho Bernardo DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$719,000

$712,500

$767,250

$787,000

9.5%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

111

60.9%

Properties Pending Sale .......................................

120

112

121

0.8%

Properties For Sale ................................................

353

385

235

285

-19.3%

Days on Market (Pending Sale) ...........................

-26.8%

Month’s Supply of Inventory ................................

4.2

4.3

2.6

-39.3%

Percent Under Contract ........................................

34.0%

29.1%

27.2%

42.5%

24.9%

Average Median Price for Last 12 Months ........

$714,813

$765,617

$769,333

$752,276

5.0%

current market snapshot MAR

$719

APR

$787,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$787 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

San Marcos DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$650,000

$597,000

$592,500

$634,500

-2.4%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

47.1%

Properties Pending Sale .......................................

-1.1%

Properties For Sale ................................................

236

231

131

165

-30.1%

Days on Market (Pending Sale) ...........................

0.0%

Month’s Supply of Inventory ................................

4.6

2.2

-52.5%

Percent Under Contract ........................................

39.0%

36.4%

43.5%

55.2%

41.5%

Average Median Price for Last 12 Months ........

$577,650

$630,983

$652,833

$623,688

7.4%

current market snapshot MAR

$650

APR

$634,500

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$634 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

San Diego DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$589,700

$567,900

$623,000

$640,000

8.5%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

-16.4%

Properties Pending Sale .......................................

9.1%

Properties For Sale ................................................

163

190

103

135

-17.2%

Days on Market (Pending Sale) ...........................

-42.9%

Month’s Supply of Inventory ................................

2.2

2.4

2.2

-0.9%

Percent Under Contract ........................................

40.5%

37.9%

47.6%

53.3%

31.7%

Average Median Price for Last 12 Months ........

$560,433

$606,792

$609,250

$592,373

5.4%

current market snapshot MAR

$589

APR

$640,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$640 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Santee DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$458,500

$465,000

$496,500

$496,000

8.2%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

9.4%

Properties Pending Sale .......................................

-11.4%

Properties For Sale ................................................

109

103

-27.5%

Days on Market (Pending Sale) ...........................

-52.6%

Month’s Supply of Inventory ................................

3.4

2.1

1.9

2.3

-33.7%

Percent Under Contract ........................................

40.4%

42.7%

39.2%

49.4%

22.3%

Average Median Price for Last 12 Months ........

$448,650

$479,492

$479,500

$474,915

5.5%

current market snapshot MAR

$458

APR

$496,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$496 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Solana Beach DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,320,000

$1,178,500

$3,050,000

$1,160,000

-12.1%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

-61.5%

Properties Pending Sale .......................................

25.0%

Properties For Sale ................................................

-16.7%

Days on Market (Pending Sale) ...........................

-66.3%

Month’s Supply of Inventory ................................

2.8

4.4

116.7%

Percent Under Contract ........................................

22.2%

20.0%

23.8%

33.3%

50.0%

Average Median Price for Last 12 Months ........

$1,538,042

$1,619,583

$1,370,000

$1,485,923

-3.5%

current market snapshot MAR

$1.320

APR

$1,160,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.160 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Spring Valley DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$412,500

$444,500

$439,950

$435,000

5.5%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

-1.6%

Properties Pending Sale .......................................

11.1%

Properties For Sale ................................................

159

185

157

133

-16.4%

Days on Market (Pending Sale) ...........................

7.1%

Month’s Supply of Inventory ................................

2.6

3.1

2.2

-15.0%

Percent Under Contract ........................................

34.0%

24.9%

28.7%

45.1%

32.8%

Average Median Price for Last 12 Months ........

$400,913

$434,742

$438,667

$429,765

6.7%

current market snapshot MAR

$412

APR

$435,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$435 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Vista DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$469,000

$495,000

$487,500

$524,000

11.7%

Average Price per Square Foot ...........................

n/a

Properties Sold .......................................................

22.5%

Properties Pending Sale .......................................

10.3%

Properties For Sale ................................................

250

291

202

226

-9.6%

Days on Market (Pending Sale) ...........................

-35.6%

Month’s Supply of Inventory ................................

3.5

3.3

2.2

2.6

-26.2%

Percent Under Contract ........................................

34.8%

27.5%

33.2%

42.5%

22.1%

Average Median Price for Last 12 Months ........

$468,345

$501,417

$506,000

$493,904

5.2%

current market snapshot MAR

$469

APR

$524,000

MAY JUN

MEDIAN SALES PRICE

JUL

n/a

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$524 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

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 : March 2017

telesproperties.com

County: RIVERSIDE Area: 7,303 SQ MILES Founded: 1893

Micro Market Report : March 2017

telesproperties.com

Bermuda Dunes DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$370,000

$450,000

n/a

Average Price per Square Foot ...........................

$175

$173

n/a

Properties Sold .......................................................

n/a

Properties Pending Sale .......................................

50.0%

Properties For Sale ................................................

20.0%

Days on Market (Pending Sale) ...........................

197

-53.5%

Month’s Supply of Inventory ................................

n/a

Percent Under Contract ........................................

13.3%

21.4%

0.0%

16.7%

25.0%

Average Median Price for Last 12 Months ........

$257,699

$358,000

n/a

$392,750

34.4%

current market snapshot MAR APR

No sales

MAY JUN

MEDIAN SALES PRICE

JUL

No sales

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

n/a MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Cathedral City DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$272,500

$264,500

$304,950

$282,000

3.5%

Average Price per Square Foot ...........................

$151

$166

$170

$181

19.9%

Properties Sold .......................................................

-21.7%

Properties Pending Sale .......................................

81.0%

Properties For Sale ................................................

149

117

106

131

-12.1%

Days on Market (Pending Sale) ...........................

-21.1%

Month’s Supply of Inventory ................................

6.5

4.9

4.4

7.3

12.3%

Percent Under Contract ........................................

14.1%

17.9%

16.0%

29.0%

105.8%

Average Median Price for Last 12 Months ........

$271,333

$285,775

$283,067

$279,223

2.8%

current market snapshot MAR

$272

APR

$282,000

MAY JUN

MEDIAN SALES PRICE

JUL

$181

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$282 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Coachella DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$223,500

$250,000

$240,000

$215,000

-3.8%

Average Price per Square Foot ...........................

$126

$110

$130

$87

-31.0%

Properties Sold .......................................................

-50.0%

Properties Pending Sale .......................................

100.0%

Properties For Sale ................................................

16.7%

Days on Market (Pending Sale) ...........................

380.0%

Month’s Supply of Inventory ................................

1.8

133.3%

Percent Under Contract ........................................

16.7%

14.3%

33.3%

28.6%

71.4%

Average Median Price for Last 12 Months ........

$220,094

$201,833

$175,333

$210,308

-4.7%

current market snapshot MAR

$223

APR

$215,000

MAY JUN

MEDIAN SALES PRICE

JUL

$87

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

14 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$215 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Desert Hot Springs DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$157,900

$187,000

$185,000

$193,000

22.2%

Average Price per Square Foot ...........................

$108

$124

$122

$133

23.1%

Properties Sold .......................................................

21.1%

Properties Pending Sale .......................................

18.8%

Properties For Sale ................................................

216

160

146

168

-22.2%

Days on Market (Pending Sale) ...........................

0.0%

Month’s Supply of Inventory ................................

11.4

6.2

7.7

7.3

-35.7%

Percent Under Contract ........................................

14.8%

15.6%

12.3%

22.6%

52.7%

Average Median Price for Last 12 Months ........

$161,339

$181,492

$179,317

$178,341

9.5%

current market snapshot MAR

$157

APR

$193,000

MAY JUN

MEDIAN SALES PRICE

JUL

$133

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$193 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Indian Wells DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$680,000

$1,251,000

$581,250

-100.0%

Average Price per Square Foot ...........................

$302

$251

$231

-100.0%

Properties Sold .......................................................

-100.0%

Properties Pending Sale .......................................

100.0%

Properties For Sale ................................................

30.0%

Days on Market (Pending Sale) ...........................

-42.9%

Month’s Supply of Inventory ................................

6.7

7.5

n/a

Percent Under Contract ........................................

5.0%

5.6%

0.0%

7.7%

53.8%

Average Median Price for Last 12 Months ........

$626,280

$631,313

$777,000

$726,750

13.8%

current market snapshot MAR

$680

APR

No sales

MAY JUN

MEDIAN SALES PRICE

JUL

No sales

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

n/a MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Indio DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$292,000

$243,250

$246,000

$300,000

2.7%

Average Price per Square Foot ...........................

$167

$182

$132

$149

-10.8%

Properties Sold .......................................................

56.2%

Properties Pending Sale .......................................

58.3%

Properties For Sale ................................................

12.6%

Days on Market (Pending Sale) ...........................

120

-14.3%

Month’s Supply of Inventory ................................

5.4

8.3

5.9

3.9

-27.9%

Percent Under Contract ........................................

13.8%

16.9%

10.2%

19.4%

40.6%

Average Median Price for Last 12 Months ........

$283,252

$266,826

$281,593

$259,743

-9.1%

current market snapshot MAR

$292

APR

$300,000

MAY JUN

MEDIAN SALES PRICE

JUL

$149

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

La Quinta DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$321,000

$330,000

$505,000

$485,000

51.1%

Average Price per Square Foot ...........................

$169

$206

$246

$224

32.5%

Properties Sold .......................................................

-15.4%

Properties Pending Sale .......................................

50.0%

Properties For Sale ................................................

125

100

106

113

-9.6%

Days on Market (Pending Sale) ...........................

113

123

-4.0%

Month’s Supply of Inventory ................................

9.6

11.1

10.6

10.3

6.8%

Percent Under Contract ........................................

9.6%

7.0%

6.6%

15.9%

65.9%

Average Median Price for Last 12 Months ........

$341,481

$381,667

$393,333

$340,590

-0.3%

current market snapshot MAR

$321

APR

$485,000

MAY JUN

MEDIAN SALES PRICE

JUL

$224

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

10.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$485 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Palm Desert DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$365,000

$335,000

$259,900

$315,000

-13.7%

Average Price per Square Foot ...........................

$196

$198

$186

$190

-3.1%

Properties Sold .......................................................

64.3%

Properties Pending Sale .......................................

-14.3%

Properties For Sale ................................................

153

102

106

-30.7%

Days on Market (Pending Sale) ...........................

-12.2%

Month’s Supply of Inventory ................................

10.9

7.8

7.3

4.6

-57.8%

Percent Under Contract ........................................

13.7%

18.6%

8.8%

17.0%

23.7%

Average Median Price for Last 12 Months ........

$493,291

$318,317

$320,000

$354,182

-39.3%

current market snapshot MAR

$365

APR

$315,000

MAY JUN

MEDIAN SALES PRICE

JUL

$190

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$315 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Palm Springs DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$600,000

$567,000

$621,000

$617,450

2.9%

Average Price per Square Foot ...........................

$330

$381

$305

$311

-5.8%

Properties Sold .......................................................

6.7%

Properties Pending Sale .......................................

100

19.0%

Properties For Sale ................................................

568

415

446

489

-13.9%

Days on Market (Pending Sale) ...........................

102

123

-15.7%

Month’s Supply of Inventory ................................

7.6

6.5

7.6

6.1

-19.3%

Percent Under Contract ........................................

14.8%

13.5%

11.9%

20.4%

38.3%

Average Median Price for Last 12 Months ........

$554,166

$589,742

$584,150

$584,842

5.2%

current market snapshot MAR

$600

APR

$617,450

MAY JUN

MEDIAN SALES PRICE

JUL

$311

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$617 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Rancho Mirage DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$549,500

$455,000

$449,000

$650,000

18.3%

Average Price per Square Foot ...........................

$220

$235

$192

$223

1.4%

Properties Sold .......................................................

110.0%

Properties Pending Sale .......................................

257.1%

Properties For Sale ................................................

151

109

133

179

18.5%

Days on Market (Pending Sale) ...........................

112

-12.2%

Month’s Supply of Inventory ................................

15.1

15.6

26.6

8.5

-43.6%

Percent Under Contract ........................................

4.6%

6.4%

3.0%

14.0%

201.3%

Average Median Price for Last 12 Months ........

$561,177

$528,583

$564,167

$537,038

-4.5%

current market snapshot MAR

$549

APR

$650,000

MAY JUN

MEDIAN SALES PRICE

JUL

$223

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

8.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Thousand Palms DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$234,950

n/a

Average Price per Square Foot ...........................

$132

n/a

Properties Sold .......................................................

n/a

Properties Pending Sale .......................................

n/a

Properties For Sale ................................................

50.0%

Days on Market (Pending Sale) ...........................

n/a

Month’s Supply of Inventory ................................

n/a

1.5

n/a

Percent Under Contract ........................................

0.0%

25.0%

14.3%

0.0%

n/a

Average Median Price for Last 12 Months ........

$127,431

$187,958

$204,235

$190,731

33.2%

current market snapshot MAR APR

$234,950

MAY JUN

MEDIAN SALES PRICE

JUL

$132

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$234 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

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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 : March 2017

telesproperties.com

County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : March 2017

telesproperties.com

Beverly Center - Miracle Mile DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$537,500

$789,500

$835,000

$700,000

30.2%

Average Price per Square Foot ...........................

$600

$551

$569

$595

-0.8%

Properties Sold .......................................................

50.0%

Properties Pending Sale .......................................

125.0%

Properties For Sale ................................................

10.0%

Days on Market (Pending Sale) ...........................

0.0%

Month’s Supply of Inventory ................................

3.2

3.7

-26.7%

Percent Under Contract ........................................

13.3%

28.1%

24.0%

27.3%

104.5%

Average Median Price for Last 12 Months ........

$691,182

$729,750

$680,333

$727,423

5.2%

current market snapshot MAR

$537

APR

$700,000

MAY JUN

MEDIAN SALES PRICE

JUL

$595

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Beverly Hills DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,151,500

$1,150,000

$1,365,000

$1,655,750

43.8%

Average Price per Square Foot ...........................

$627

$752

$699

$801

27.8%

Properties Sold .......................................................

0.0%

Properties Pending Sale .......................................

30.8%

Properties For Sale ................................................

-3.3%

Days on Market (Pending Sale) ...........................

10.7%

Month’s Supply of Inventory ................................

5.1

8.3

5.4

4.9

-3.3%

Percent Under Contract ........................................

21.3%

24.1%

16.3%

28.8%

35.2%

Average Median Price for Last 12 Months ........

$1,169,292

$1,268,750

$1,229,833

$1,230,568

5.2%

current market snapshot MAR

$1.151

APR

$1,655,750

MAY JUN

MEDIAN SALES PRICE

JUL

$801

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.655 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

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Brentwood DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$864,062

$790,000

$826,000

$865,000

0.1%

Average Price per Square Foot ...........................

$616

$600

$572

$590

-4.2%

Properties Sold .......................................................

-18.8%

Properties Pending Sale .......................................

-25.0%

Properties For Sale ................................................

6.3%

Days on Market (Pending Sale) ...........................

-33.3%

Month’s Supply of Inventory ................................

3.9

3.5

4.2

5.2

30.9%

Percent Under Contract ........................................

38.1%

23.8%

26.2%

26.9%

-29.5%

Average Median Price for Last 12 Months ........

$807,380

$830,342

$877,850

$831,772

3.0%

current market snapshot MAR

$864

APR

$865,000

MAY JUN

MEDIAN SALES PRICE

JUL

$590

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$865 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Culver City DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$452,000

$481,000

$508,425

$497,500

10.1%

Average Price per Square Foot ...........................

$443

$448

$512

$517

16.7%

Properties Sold .......................................................

63.6%

Properties Pending Sale .......................................

-32.0%

Properties For Sale ................................................

-31.0%

Days on Market (Pending Sale) ...........................

5.9%

Month’s Supply of Inventory ................................

3.8

1.9

1.7

1.6

-57.8%

Percent Under Contract ........................................

59.5%

53.8%

30.0%

58.6%

-1.5%

Average Median Price for Last 12 Months ........

$442,125

$486,929

$474,583

$476,044

7.7%

current market snapshot MAR

$452

APR

$497,500

MAY JUN

MEDIAN SALES PRICE

JUL

$517

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$497 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Downtown DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$555,000

$517,250

$615,000

$645,250

16.3%

Average Price per Square Foot ...........................

$791

$640

$621

$669

-15.4%

Properties Sold .......................................................

71.4%

Properties Pending Sale .......................................

35.3%

Properties For Sale ................................................

196

237

208

224

14.3%

Days on Market (Pending Sale) ...........................

-8.9%

Month’s Supply of Inventory ................................

9.3

7.9

7.4

6.2

-33.3%

Percent Under Contract ........................................

17.3%

20.3%

14.9%

20.5%

18.4%

Average Median Price for Last 12 Months ........

$578,838

$592,208

$579,417

$585,308

1.1%

current market snapshot MAR

$555

APR

$645,250

MAY JUN

MEDIAN SALES PRICE

JUL

$669

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$645 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Encino DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$335,000

$336,000

$389,000

$310,000

-7.5%

Average Price per Square Foot ...........................

$352

$297

$290

$338

-4.0%

Properties Sold .......................................................

-6.2%

Properties Pending Sale .......................................

40.0%

Properties For Sale ................................................

5.6%

Days on Market (Pending Sale) ...........................

90.0%

Month’s Supply of Inventory ................................

1.1

2.3

1.3

12.6%

Percent Under Contract ........................................

83.3%

47.1%

100.0%

110.5%

32.6%

Average Median Price for Last 12 Months ........

$327,583

$365,000

$340,000

$355,154

8.4%

current market snapshot MAR

$335

APR

$310,000

MAY JUN

MEDIAN SALES PRICE

JUL

$338

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$310 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Malibu DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$700,000

$1,750,000

$925,000

32.1%

Average Price per Square Foot ...........................

$569

$947

$473

-16.9%

Properties Sold .......................................................

-71.4%

Properties Pending Sale .......................................

0.0%

Properties For Sale ................................................

52.9%

Days on Market (Pending Sale) ...........................

82.8%

Month’s Supply of Inventory ................................

2.4

6.3

n/a

435.3%

Percent Under Contract ........................................

29.4%

5.3%

0.0%

19.2%

-34.6%

Average Median Price for Last 12 Months ........

$675,787

$900,000

$1,037,500

$1,306,725

93.4%

current market snapshot MAR

$700

APR

$925,000

MAY JUN

MEDIAN SALES PRICE

JUL

$473

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

13 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$925 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Marina Del Rey DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$745,000

$900,000

$795,000

$884,000

18.7%

Average Price per Square Foot ...........................

$704

$626

$758

$610

-13.4%

Properties Sold .......................................................

176.9%

Properties Pending Sale .......................................

-3.4%

Properties For Sale ................................................

114

-1.1%

Days on Market (Pending Sale) ...........................

-20.0%

Month’s Supply of Inventory ................................

6.9

7.6

3.9

2.5

-64.3%

Percent Under Contract ........................................

32.2%

21.9%

24.4%

31.5%

-2.4%

Average Median Price for Last 12 Months ........

$856,976

$907,000

$902,833

$887,038

3.5%

current market snapshot MAR

$745

APR

$884,000

MAY JUN

MEDIAN SALES PRICE

JUL

$610

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$884 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Santa Monica DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$890,000

$850,000

$965,000

$810,000

-9.0%

Average Price per Square Foot ...........................

$1,137

$873

$1,036

$877

-22.9%

Properties Sold .......................................................

5.0%

Properties Pending Sale .......................................

28.6%

Properties For Sale ................................................

104

-13.5%

Days on Market (Pending Sale) ...........................

-26.8%

Month’s Supply of Inventory ................................

4.8

4.6

-17.7%

Percent Under Contract ........................................

21.9%

19.2%

32.5%

48.7%

Average Median Price for Last 12 Months ........

$972,903

$887,292

$820,667

$906,365

-6.8%

current market snapshot MAR

$890

APR

$810,000

MAY JUN

MEDIAN SALES PRICE

JUL

$877

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$810 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Sherman Oaks DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$510,000

$438,000

$480,000

$485,000

-4.9%

Average Price per Square Foot ...........................

$343

$359

$357

$359

4.7%

Properties Sold .......................................................

10.5%

Properties Pending Sale .......................................

4.3%

Properties For Sale ................................................

22.6%

Days on Market (Pending Sale) ...........................

5.9%

Month’s Supply of Inventory ................................

1.6

1.4

1.9

1.8

10.9%

Percent Under Contract ........................................

74.2%

78.9%

57.1%

63.2%

-14.9%

Average Median Price for Last 12 Months ........

$443,250

$458,667

$465,000

$457,769

3.3%

current market snapshot MAR

$510

APR

$485,000

MAY JUN

MEDIAN SALES PRICE

JUL

$359

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$485 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Studio City DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$590,000

$538,000

$620,000

$508,000

-13.9%

Average Price per Square Foot ...........................

$467

$409

$406

$455

-2.6%

Properties Sold .......................................................

10.0%

Properties Pending Sale .......................................

30.8%

Properties For Sale ................................................

25.0%

Days on Market (Pending Sale) ...........................

-20.3%

Month’s Supply of Inventory ................................

1.6

4.8

Percent Under Contract ........................................

65.0%

42.9%

24.1%

68.0%

4.6%

Average Median Price for Last 12 Months ........

$540,250

$570,500

$520,000

$551,385

2.1%

current market snapshot MAR

$590

APR

$508,000

MAY JUN

MEDIAN SALES PRICE

JUL

$455

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

No sales MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$508 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Venice DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$1,272,500

$940,000

$925,000

$1,112,500

-12.6%

Average Price per Square Foot ...........................

$944

$791

$792

$740

-21.6%

Properties Sold .......................................................

0.0%

Properties Pending Sale .......................................

200.0%

Properties For Sale ................................................

-47.1%

Days on Market (Pending Sale) ...........................

-9.1%

Month’s Supply of Inventory ................................

8.5

3.3

4.5

-47.1%

Percent Under Contract ........................................

5.9%

50.0%

0.0%

33.3%

466.7%

Average Median Price for Last 12 Months ........

$1,140,583

$1,153,600

$1,196,250

$1,203,136

5.5%

current market snapshot MAR

$1.272

APR

$1,112,500

MAY JUN

MEDIAN SALES PRICE

JUL

$740

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.112 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

West Hollywood DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$575,250

$760,000

$682,000

$700,000

21.7%

Average Price per Square Foot ...........................

$679

$676

$663

$696

2.5%

Properties Sold .......................................................

-15.8%

Properties Pending Sale .......................................

22.2%

Properties For Sale ................................................

122

130

112

132

8.2%

Days on Market (Pending Sale) ...........................

-19.5%

Month’s Supply of Inventory ................................

3.2

3.6

5.1

4.1

28.5%

Percent Under Contract ........................................

29.5%

26.9%

25.9%

33.3%

13.0%

Average Median Price for Last 12 Months ........

$620,396

$685,833

$663,000

$675,173

8.8%

current market snapshot MAR

$575

APR

$700,000

MAY JUN

MEDIAN SALES PRICE

JUL

$696

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

West LA DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$650,000

$810,000

$795,000

$671,250

3.3%

Average Price per Square Foot ...........................

$559

$539

$554

$650

16.3%

Properties Sold .......................................................

33.3%

Properties Pending Sale .......................................

-61.5%

Properties For Sale ................................................

-28.1%

Days on Market (Pending Sale) ...........................

67.9%

Month’s Supply of Inventory ................................

5.3

3.1

2.5

2.9

-46.1%

Percent Under Contract ........................................

40.6%

25.0%

30.3%

21.7%

-46.5%

Average Median Price for Last 12 Months ........

$695,058

$768,225

$728,117

$765,565

10.1%

current market snapshot MAR

$650

APR

$671,250

MAY JUN

MEDIAN SALES PRICE

JUL

$650

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$671 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

Westwood - Century City DATA*

Mar 2016

6 month

3 month

Mar 2017

% change

Median Price ..........................................................

$780,000

$800,000

$907,000

$791,000

1.4%

Average Price per Square Foot ...........................

$609

$675

$604

$765

25.6%

Properties Sold .......................................................

-6.0%

Properties Pending Sale .......................................

-14.0%

Properties For Sale ................................................

243

209

196

204

-16.0%

Days on Market (Pending Sale) ...........................

-2.6%

Month’s Supply of Inventory ................................

4.9

4.5

6.5

4.3

-10.7%

Percent Under Contract ........................................

23.5%

25.4%

16.8%

24.0%

2.4%

Average Median Price for Last 12 Months ........

$766,152

$870,958

$841,417

$836,804

9.2%

current market snapshot MAR

$780

APR

$791,000

MAY JUN

MEDIAN SALES PRICE

JUL

$765

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$791 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2017

telesproperties.com

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