May 2018 Micro Market Report | Douglas Elliman

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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH May 2018 /

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



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READING THE REPORT

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

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

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

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


MEDIAN PRICE:

PROPERTIES FOR SALE:

A value that separates the upper half of

The number of properties on the

prices from the lower half of prices. It can

market and seeking buyers.

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

DAYS OF MARKET (PENDING SALE):

hold undue influence.

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

AVERAGE PRICE PER SQUARE FOOT:

The price of each property divided by

MONTH’S SUPPLY OF INVENTORY:

their respective square footage then

The number of months it would take to sell all

averaged across all properties sold in the

the properties listed for sale at the current pace

area for a given time period.

of sales and if no new listings entered the market.

PROPERTIES SOLD:

PERCENT UNDER CONTRACT:

The number of property transactions that

The ratio of properties for sale to

closed and transferred ownership.

properties pending sale.

PROPERTIES PENDING SALE:

AVERAGE MEDIAN PRICE FOR LAST 12:

The number of properties that entered

The Average Median Price for the Last 12 Months

escrow in preparation for sale.

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


LOS ANGELES COUNTY

LOS ANGELES COUNTY MACRO

MALIBU BEACH

HERMOSA BEACH

CALABASAS

BEL AIR - HOLMBY HILLS

MARINA DEL REY

MANHATTAN BEACH PALOS

ENCINO

BEVERLY CENTER - MIRACLE MILE

MID LOS ANGELES

VERDES ESTATES RANCHO

GLENDALE

BEVERLY HILLS

MID WILSHIRE

PALOS VERDES REDONDO

LA CRESCENTA NORTH

BEVERLY HILLS P.O.

PACIFIC PALISADES

BEACH - NORTH

HOLLYWOOD

BEVERLYWOOD

PALMS - MAR VISTA

REDONDO BEACH - SOUTH

SHADOW HILLS

BRENTWOOD

PLAYA DEL REY

ROLLING HILLS

SHERMAN OAKS

CHEVIOT HILLS - RANCHO PARK

PLAYA VISTA

ROLLING HILLS ESTATES

STUDIO CITY

CULVER CITY

SANTA MONICA

SAN PEDRO

SUN VALLEY

HANCOCK PARK - WILSHIRE

SUNSET STRIP - HOLLYWOOD HILLS WEST

TORRANCE - COUNTY STRIP

SUNLAND - TUJUNGA TARZANA

HOLLYWOOD

VENICE

TORRANCE - NORTH

TOLUCA LAKE

HOLLYWOOD HILLS EAST

WEST HOLLYWOOD

TORRANCE - SOUTHEAST

VALLEY VILLAGE

INGLEWOOD

WEST LOS ANGELES

TORRANCE - SOUTH

WESTLAKE VILLAGE

LADERA HEIGHTS

WESTCHESTER

TORRANCE - WEST

WOODLAND HILLS

LAUREL CANYON

WESTWOOD - CENTURY CITY

SAN FERNANDO MACRO

SAN GABRIEL VALLEY MACRO

LOS FELIZ

SOUTH BAY MACRO

AGOURA HILLS

ALTADENA

MALIBU

EL SEGUNDO

BURBANK

ARCADIA

Micro Market Report : May 2018


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

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

Micro Market Report : May 2018


LOS ANGELES COUNTY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$618,000

$621,000

$640,000

$674,000

9.1%

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

$472

$483

$488

$507

7.4%

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

4734

3916

2838

4353

-8.0%

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

5577

4590

4109

5164

-7.4%

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

17,609

16,811

14,302

17,236

-2.1%

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

33

39

36

32

-3.0%

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

3.7

4.3

5

4

6.4%

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

31.7%

27.3%

28.7%

30.0%

-5.4%

$592,042

$639,833

$658,000

$634,162

6.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$618

JUN

$674,000

JUL AUG

MEDIAN SALES PRICE

SEP

$507

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$674 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BEL-AIR HOLMBY HILLS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$3,995,000

$3,292,266

$1,900,000

$2,897,500

-27.5%

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

$983

$1,516

$1,060

$1,182

20.2%

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

13

11

11

16

23.1%

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

24

15

13

11

-54.2%

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

175

160

137

172

-1.7%

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

95

54

83

48

-49.5%

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

13.5

14.5

12.5

10.8

-20.1%

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

13.7%

9.4%

9.5%

6.4%

-53.4%

$2,205,294

$3,410,417

$2,849,167

$3,014,582

26.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$3.995

JUN

$2,897,500

JUL AUG

MEDIAN SALES PRICE

SEP

$1,182

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

10.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.897 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,614,000

$1,580,500

$1,955,000

$1,640,000

-37.3%

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

$792

$882

$773

$822

3.8%

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

17

14

13

18

5.9%

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

23

13

16

14

-39.1%

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

92

74

64

70

-23.9%

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

31

62

63

37

19.4%

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

5.4

5.3

4.9

3.9

-28.1%

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

25.0%

17.6%

25.0%

20.0%

-20.0%

$1,663,401

$1,820,740

$1,805,000

$1,766,461

5.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.614

MAY JUN

$1,640,000

JUL AUG

MEDIAN SALES PRICE

SEP

$822

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.640 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BEVERLY HILLS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$5,620,000

$6,175,000

$2,970,000

$5,685,000

1.2%

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

$1,492

$1,691

$1,785

$1,475

-1.1%

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

21

11

7

7

-66.7%

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

14

10

17

9

-35.7%

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

102

109

105

120

17.6%

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

37

118

52

56

51.4%

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

4.9

9.9

15

17.1

252.9%

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

13.7%

9.2%

16.2%

7.5%

-45.4%

$5,333,805

$5,009,417

$5,462,500

$5,372,673

0.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$5.620

JUN

$5,685,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,475

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

17.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$5.685 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BEVERLY HILLS- POST OFFICE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,949,000

$3,050,000

$2,609,500

$3,825,000

29.7%

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

$897

$988

$885

$995

10.9%

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

23

13

10

14

-39.1%

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

24

5

24

20

-16.7%

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

189

151

148

167

-11.6%

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

79

71

83

46

-41.8%

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

8.2

11.6

14.8

11.9

45.2%

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

12.7%

3.3%

16.2%

12.0%

-5.7%

$3,214,574

$2,780,083

$2,765,000

$3,025,788

-6.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$2.949

JUN

$3,825,000

JUL AUG

MEDIAN SALES PRICE

SEP

$995

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

11.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.825 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BEVERLYWOOD

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,677,776

$1,482,500

$1,420,050

$1,917,500

14.3%

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

$779

$770

$727

$775

-0.5%

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

22

14

8

14

-36.4%

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

19

7

13

16

-15.8%

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

45

49

44

58

28.9%

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

26

22

34

21

-19.2%

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

2

3.5

5.5

4.1

102.5%

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

42.2%

14.3%

29.5%

27.6%

-34.7%

$1,272,092

$1,667,217

$1,664,583

$1,557,544

18.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.677

JUN

$1,917,500

JUL AUG

MEDIAN SALES PRICE

SEP

$775

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.917 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BRENTWOOD

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$3,180,000

$3,150,000

$2,920,000

$3,000,000

-5.7%

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

$1,030

$1,096

$1,127

$1,099

6.7%

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

37

21

15

23

-37.8%

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

24

24

18

24

0.0%

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

145

154

134

171

17.9%

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

41

37

52

51

24.4%

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

3.9

7.3

8.9

7.4

89.7%

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

16.6%

15.6%

13.4%

14.0%

-15.2%

$3,274,348

$3,112,425

$3,025,000

$3,180,927

-2.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$3.180

JUN

$3,000,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,099

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CHEVIOT HILLS - RANCHO PARK

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,725,000

$1,825,000

$1,801,500

$2,501,500

-8.2%

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

$863

$918

$872

$877

1.6%

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

16

7

4

8

-50.0%

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

9

7

8

8

-11.1%

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

30

22

28

24

-20.0%

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

27

23

31

31

14.8%

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

1.9

3.1

7

3

60.0%

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

30.0%

31.8%

28.6%

33.3%

11.1%

$2,038,208

$2,096,125

$2,527,167

$2,108,637

3.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.725

MAY JUN

$2,501,500

JUL AUG

MEDIAN SALES PRICE

SEP

$877

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.501 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CULVER CITY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,077,500

$1,154,000

$1,585,000

$1,265,200

17.4%

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

$741

$758

$804

$822

10.9%

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

18

21

6

22

22.2%

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

26

19

13

26

0.0%

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

58

54

44

68

17.2%

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

32

42

19

38

18.8%

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

3.2

2.6

7.3

3.1

-4.1%

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

44.8%

35.2%

29.5%

38.2%

-14.7%

$1,164,292

$1,417,065

$1,515,796

$1,274,914

8.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.077

JUN

$1,265,200

JUL AUG

MEDIAN SALES PRICE

SEP

$822

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.265 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


DOWNTOWN

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$376,250

$558,000

$400,000

$405,500

7.8%

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

$324

$272

$498

$357

10.2%

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

14

5

5

6

-57.1%

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

12

14

13

12

0.0%

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

52

55

49

55

5.8%

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

40

38

45

21

-47.5%

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

3.7

11

9.8

9.2

146.8%

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

23.1%

25.5%

26.5%

21.8%

-5.5%

$361,674

$393,155

$402,500

$392,245

7.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$376

JUN

$405,500

JUL AUG

MEDIAN SALES PRICE

SEP

$357

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

9.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$405 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


HANCOCK PARK - WILSHIRE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,417,000

$1,503,530

$1,475,000

$1,750,000

23.5%

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

$667

$826

$616

$749

12.3%

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

26

21

11

27

3.8%

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

32

23

19

31

-3.1%

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

113

89

89

105

-7.1%

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

39

79

54

46

17.9%

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

4.3

4.2

8.1

3.9

-10.5%

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

28.3%

25.8%

21.3%

29.5%

4.3%

$1,662,439

$1,684,708

$1,654,083

$1,670,310

0.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.417

JUN

$1,750,000

JUL AUG

MEDIAN SALES PRICE

SEP

$749

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.750 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


HOLLYWOOD

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,215,000

$1,179,500

$997,500

$1,310,500

7.9%

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

$664

$591

$660

$769

15.8%

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

5

6

6

12

140.0%

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

11

5

7

18

63.6%

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

45

36

41

46

2.2%

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

67

33

31

30

-55.2%

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

9

6

6.8

3.8

-57.4%

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

24.4%

13.9%

17.1%

39.1%

60.1%

$908,504

$1,067,167

$1,221,000

$1,031,106

11.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.215

JUN

$1,310,500

JUL AUG

MEDIAN SALES PRICE

SEP

$769

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.310 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


HOLLYWOOD HILLS EAST

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,356,000

$1,486,000

$1,476,000

$1,340,000

-1.2%

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

$648

$436

$614

$730

12.7%

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

13

4

8

11

-15.4%

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

15

16

15

18

20.0%

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

96

79

70

68

-29.2%

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

49

66

47

33

-32.7%

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

6.4

4.9

4.7

6.2

-3.4%

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

15.6%

20.3%

21.4%

26.5%

69.4%

$1,493,535

$1,487,667

$1,528,833

$1,460,977

-2.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.356

JUN

$1,340,000

JUL AUG

MEDIAN SALES PRICE

SEP

$730

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.340 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


INGLEWOOD

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$485,000

$567,500

$532,000

$615,000

26.8%

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

$381

$431

$411

$425

11.5%

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

22

12

13

22

0.0%

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

35

23

20

21

-40.0%

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

73

65

80

59

-19.2%

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

23

48

31

31

34.8%

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

2.1

2.8

4

2.7

28.6%

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

47.9%

35.4%

25.0%

35.6%

-25.8%

$480,690

$585,333

$595,000

$562,754

14.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$485

JUN

$615,000

JUL AUG

MEDIAN SALES PRICE

SEP

$425

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$615 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LADERA HEIGHTS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,058,500

$1,197,500

$1,117,000

$1,092,000

3.2%

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

$464

$427

$467

$553

19.2%

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

6

5

4

3

-50.0%

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

5

6

8

2

-60.0%

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

26

23

24

13

-50.0%

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

26

48

48

72

176.9%

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

5.2

3.8

3

4.3

-16.7%

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

19.2%

26.1%

33.3%

15.4%

-20.0%

$1,036,563

$1,188,467

$1,178,833

$1,194,946

13.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.058

JUN

$1,092,000

JUL AUG

MEDIAN SALES PRICE

SEP

$553

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.092 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LAUREL CANYON

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,018,750

$1,600,000

$2,575,000

$1,444,500

-28.4%

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

$773

$747

$891

$834

7.9%

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

24

25

9

30

25.0%

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

34

24

28

30

-11.8%

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

170

153

150

161

-5.3%

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

39

70

62

37

-5.1%

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

5

6.4

5.4

5.4

7.3%

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

20.0%

15.7%

18.7%

18.6%

-6.8%

$1,659,403

$1,960,958

$1,721,083

$1,831,115

10.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.018

MAY JUN

$1,444,500

JUL AUG

MEDIAN SALES PRICE

SEP

$834

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.444 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LOS FELIZ

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,425,000

$1,765,000

$1,725,000

$1,590,000

11.6%

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

$776

$830

$806

$790

1.8%

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

23

20

9

19

-17.4%

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

18

14

20

18

0.0%

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

96

80

66

69

-28.1%

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

24

48

46

39

62.5%

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

5.3

5.7

3.3

3.6

-31.9%

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

18.8%

17.5%

30.3%

26.1%

39.1%

$1,570,659

$1,782,500

$1,723,333

$1,732,192

9.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.425

JUN

$1,590,000

JUL AUG

MEDIAN SALES PRICE

SEP

$790

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

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

Micro Market Report : May 2018


MALIBU

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,380,000

$2,015,000

$1,300,000

$3,320,000

39.5%

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

$962

$773

$632

$1,151

19.6%

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

11

14

5

18

63.6%

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

16

16

12

20

25.0%

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

225

197

200

235

4.4%

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

145

110

125

46

-68.3%

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

20.5

14.1

40

13.1

-36.2%

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

7.1%

8.1%

6.0%

8.5%

19.7%

$2,736,583

$2,559,667

$3,204,167

$2,639,902

-3.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$2.380

JUN

$3,320,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,151

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

13.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.320 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MALIBU BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$6,500,000

$13,000,000

$3,450,000

$5,612,500

-13.7%

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

$2,111

$2,724

$1,496

$3,132

48.4%

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

5

1

4

4

-20.0%

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

5

5

2

7

40.0%

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

98

78

73

86

-12.2%

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

99

107

286

122

23.2%

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

19.6

78

18.2

21.5

9.7%

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

5.1%

6.4%

2.7%

8.1%

59.5%

$7,268,271

$8,516,468

$9,120,833

$8,362,601

13.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$6.500

JUN

$5,612,500

JUL AUG

MEDIAN SALES PRICE

SEP

$3,132

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

21.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$5.612 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MARINA DEL REY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,567,000

$1,450,000

$1,625,000

$1,631,000

4.1%

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

$805

$751

$781

$955

18.6%

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

9

7

7

4

-55.6%

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

12

7

10

9

-25.0%

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

42

30

30

37

-11.9%

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

36

43

48

34

-5.6%

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

4.7

4.3

4.3

9.2

98.2%

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

28.6%

23.3%

33.3%

24.3%

-14.9%

$1,555,460

$1,729,546

$1,535,592

$1,541,983

-0.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.567

JUN

$1,631,000

JUL AUG

MEDIAN SALES PRICE

SEP

$955

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

9.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.631 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MID LOS ANGELES

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$733,750

$608,000

$754,000

$905,450

23.4%

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

$432

$461

$512

$469

8.6%

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

40

29

22

38

-5.0%

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

41

31

46

46

12.2%

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

130

118

126

115

-11.5%

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

27

26

38

32

18.5%

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

3.2

4.1

5.7

3

-6.9%

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

31.5%

26.3%

36.5%

40.0%

26.8%

$637,206

$766,475

$828,150

$747,546

14.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$733

JUN

$905,450

JUL AUG

MEDIAN SALES PRICE

SEP

$469

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$905 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MID WILSHIRE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$940,000

$820,000

$0

$1,115,000

18.6%

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

$489

$533

$0

$412

-15.7%

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

3

7

0

1

-66.7%

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

10

8

8

5

-50.0%

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

26

31

29

32

23.1%

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

34

34

46

9

-73.5%

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

8.7

4.4

n/a

32

269.2%

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

38.5%

25.8%

27.6%

15.6%

-59.4%

$862,125

$1,124,800

$1,099,167

$1,044,000

17.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$940

JUN

$1,115,000

JUL AUG

MEDIAN SALES PRICE

SEP

$412

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

32 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.115 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


PACIFIC PALISADES

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$3,416,975

$3,297,500

$3,210,344

$3,585,000

4.9%

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

$1,168

$1,219

$1,022

$1,237

5.9%

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

28

18

14

27

-3.6%

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

30

12

22

20

-33.3%

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

140

104

102

107

-23.6%

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

48

17

41

50

4.2%

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

5

5.8

7.3

4

-20.7%

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

21.4%

11.5%

21.6%

18.7%

-12.8%

$3,049,788

$3,293,617

$3,688,500

$3,351,475

9.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$3.416

JUN

$3,585,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,237

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.585 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


PALMS - MAR VISTA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,328,018

$1,567,500

$1,595,000

$1,450,000

9.2%

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

$799

$827

$850

$838

4.9%

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

28

28

23

22

-21.4%

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

42

24

32

31

-26.2%

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

96

77

76

95

-1.0%

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

24

30

27

28

16.7%

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

3.4

2.8

3.3

4.3

25.9%

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

43.8%

31.2%

42.1%

32.6%

-25.4%

$1,421,710

$1,586,845

$1,601,773

$1,542,511

7.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.328

JUN

$1,450,000

JUL AUG

MEDIAN SALES PRICE

SEP

$838

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

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

Micro Market Report : May 2018


PLAYA DEL REY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,860,000

$1,121,275

$1,681,775

$1,525,000

-18.0%

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

$717

$1,005

$575

$676

-5.7%

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

8

1

6

7

-12.5%

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

6

2

5

5

-16.7%

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

18

24

26

32

77.8%

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

16

20

31

33

106.2%

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

2.2

24

4.3

4.6

103.2%

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

33.3%

8.3%

19.2%

15.6%

-53.1%

$1,394,938

$1,697,296

$1,770,833

$1,662,850

16.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.860

JUN

$1,525,000

JUL AUG

MEDIAN SALES PRICE

SEP

$676

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.525 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


PLAYA VISTA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,868,000

$1,875,000

$0

$3,417,500

82.9%

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

$760

$801

$0

$761

0.1%

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

5

2

0

2

-60.0%

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

4

4

2

2

-50.0%

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

14

10

11

10

-28.6%

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

76

74

8

12

-84.2%

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

2.8

5

n/a

0.2

-92.9%

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

28.6%

40.0%

18.2%

20.0%

-30.0%

$1,509,021

$2,565,150

$2,497,083

$2,456,076

62.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.868

JUN

$3,417,500

JUL AUG

MEDIAN SALES PRICE

SEP

$761

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

0.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.417 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SANTA MONICA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,307,500

$3,350,000

$2,947,250

$2,900,000

25.7%

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

$1,154

$1,195

$1,021

$1,242

7.6%

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

16

18

12

23

43.8%

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

24

14

14

23

-4.2%

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

84

92

85

106

26.2%

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

39

32

34

35

-10.3%

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

5.2

5.1

7.1

4.6

-12.2%

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

28.6%

15.2%

16.5%

21.7%

-24.1%

$2,321,037

$2,942,875

$3,143,333

$3,023,365

23.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$2.307

JUN

$2,900,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,242

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.900 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SUNSET STRIP - HOLLYWOOD HILLS WEST

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,195,000

$2,038,750

$2,735,000

$1,895,000

-13.7%

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

$786

$844

$1,142

$836

6.4%

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

38

38

23

37

-2.6%

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

56

36

49

48

-14.3%

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

352

335

332

371

5.4%

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

49

69

63

46

-6.1%

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

9.3

8.8

14.4

10

8.2%

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

15.9%

10.7%

14.8%

12.9%

-18.7%

$1,788,437

$2,025,625

$1,877,917

$1,939,923

7.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$2.195

JUN

$1,895,000

JUL AUG

MEDIAN SALES PRICE

SEP

$836

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

10 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.895 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


VENICE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,232,500

$1,985,000

$1,852,000

$2,347,500

5.2%

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

$1,075

$1,029

$1,237

$1,167

8.6%

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

14

23

17

16

14.3%

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

22

17

15

19

-13.6%

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

97

87

80

110

13.4%

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

31

31

48

34

9.7%

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

6.9

3.8

4.7

6.9

-0.8%

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

22.7%

19.5%

18.8%

17.3%

-23.8%

$1,873,053

$2,087,333

$2,228,167

$2,133,404

13.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$2.232

JUN

$2,347,500

JUL AUG

MEDIAN SALES PRICE

SEP

$1,167

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.347 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WEST HOLLYWOOD

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,443,250

$1,615,000

$2,625,000

$1,641,500

13.7%

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

$1,057

$857

$878

$920

-13.0%

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

10

11

9

16

60.0%

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

14

11

16

10

-28.6%

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

65

57

51

55

-15.4%

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

31

51

43

29

-6.5%

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

6.5

5.2

5.7

3.4

-47.1%

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

21.5%

19.3%

31.4%

18.2%

-15.6%

$1,592,106

$1,999,208

$1,728,000

$1,854,066

14.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.443

JUN

$1,641,500

JUL AUG

MEDIAN SALES PRICE

SEP

$920

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.641 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WEST LOS ANGELES

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,100,000

$1,500,000

$1,288,000

$1,160,000

5.5%

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

$830

$786

$1,205

$657

-20.8%

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

9

7

5

11

22.2%

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

10

10

5

16

60.0%

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

44

37

34

45

2.3%

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

19

36

40

23

21.1%

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

4.9

5.3

6.8

4.1

-16.3%

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

22.7%

27.0%

14.7%

35.6%

56.4%

$1,046,771

$1,366,596

$1,442,000

$1,297,486

24.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.100

JUN

$1,160,000

JUL AUG

MEDIAN SALES PRICE

SEP

$657

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.160 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WESTCHESTER

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,075,000

$1,180,000

$1,240,000

$1,285,625

19.6%

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

$669

$641

$707

$707

5.7%

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

35

29

23

30

-14.3%

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

42

22

29

40

-4.8%

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

99

74

62

89

-10.1%

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

28

32

29

22

-21.4%

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

2.8

2.6

2.7

3

4.9%

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

42.4%

29.7%

46.8%

44.9%

5.9%

$1,089,454

$1,193,402

$1,219,288

$1,178,031

8.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.075

JUN

$1,285,625

JUL AUG

MEDIAN SALES PRICE

SEP

$707

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.285 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WESTWOOD - CENTURY CITY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,107,640

$2,361,000

$2,355,000

$2,352,500

11.6%

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

$882

$871

$850

$912

3.4%

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

18

15

9

14

-22.2%

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

19

15

16

23

21.1%

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

70

59

60

57

-18.6%

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

42

30

27

27

-35.7%

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

3.9

3.9

6.7

4.1

4.7%

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

27.1%

25.4%

26.7%

40.4%

48.7%

$1,985,851

$2,287,667

$2,437,500

$2,210,904

11.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$2.107

JUN

$2,352,500

JUL AUG

MEDIAN SALES PRICE

SEP

$912

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.352 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SOUTH BAY MACRO MARKET

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,330,967

$1,333,667

$1,239,475

$1,445,699

8.6%

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

$680

$632

$700

$657

-3.4%

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

273

213

158

256

-6.2%

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

335

194

208

295

-11.9%

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

1,014

768

852

890

-12.2%

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

25

43

27

29

18.4%

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

3.7

3.6

5.4

3.5

-6.4%

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

33.0%

25.3%

24.4%

33.1%

0.3%

$1,262,662

$1,343,922

$1,396,838

$1,383,029

9.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.330

JUN

$1,445,699

JUL AUG

MEDIAN SALES PRICE

SEP

$657

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.445 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


EL SEGUNDO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,099,000

$1,310,000

$1,507,500

$1,260,000

14.6%

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

$780

$720

$642

$793

1.7%

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

7

9

6

7

0.0%

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

14

5

9

9

-35.7%

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

23

22

182

27

17.4%

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

21

41

26

31

47.6%

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

3.3

0

30.3

3.9

17.4%

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

60.9%

22.7%

4.9%

33.3%

-45.2%

$1,279,590

$1,377,583

$1,325,667

$1,329,615

3.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.099

JUN

$1,260,000

JUL AUG

MEDIAN SALES PRICE

SEP

$793

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.260 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


HERMOSA BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,750,000

$1,575,000

$1,472,500

$1,420,125

-48.4%

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

$1,570

$904

$1,480

$994

-36.7%

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

13

12

4

10

-23.1%

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

13

7

3

13

0.0%

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

51

34

28

50

-2.0%

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

19

43

22

28

47.4%

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

3.9

2.8

7

5

27.5%

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

25.5%

20.6%

10.7%

26.0%

2.0%

$1,789,617

$1,979,104

$2,132,375

$2,065,663

15.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.750

MAY JUN

$1,420,125

JUL AUG

MEDIAN SALES PRICE

SEP

$994

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.420 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MANHATTAN BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,200,000

$2,275,000

$2,250,000

$2,950,000

34.1%

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

$1,126

$1,016

$935

$993

-11.8%

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

39

26

18

31

-20.5%

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

50

24

22

40

-20.0%

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

153

122

101

128

-16.3%

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

31

68

44

29

-6.5%

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

3.9

4.7

5.6

4.1

5.2%

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

32.7%

19.7%

21.8%

31.2%

-4.4%

$2,210,208

$2,459,167

$2,530,000

$2,492,038

12.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$2.200

JUN

$2,950,000

JUL AUG

MEDIAN SALES PRICE

SEP

$993

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.950 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


PALOS VERDES ESTATES

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,900,000

$1,625,000

$1,685,000

$2,061,500

8.5%

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

$668

$670

$717

$855

28.0%

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

21

11

9

14

-33.3%

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

16

11

16

20

25.0%

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

100

67

72

96

-4.0%

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

31

40

45

38

22.6%

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

4.8

6.1

8

6.9

44.0%

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

16.0%

16.4%

22.2%

20.8%

30.2%

$1,950,550

$1,817,333

$1,923,500

$1,870,827

-4.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.900

JUN

$2,061,500

JUL AUG

MEDIAN SALES PRICE

SEP

$855

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.061 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


RANCHO PALOS VERDES

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,350,000

$1,283,000

$1,350,000

$1,600,000

18.5%

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

$579

$624

$627

$609

5.2%

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

41

19

25

41

0.0%

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

56

30

27

44

-21.4%

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

170

131

118

135

-20.6%

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

31

53

38

61

96.8%

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

4.1

6.9

4.7

3.3

-20.6%

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

32.9%

22.9%

22.9%

32.6%

-1.1%

$1,290,958

$1,365,004

$1,424,167

$1,387,156

7.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.350

JUN

$1,600,000

JUL AUG

MEDIAN SALES PRICE

SEP

$609

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.600 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


REDONDO BEACH- NORTH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,005,000

$825,000

$1,065,000

$1,205,000

19.9%

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

$643

$656

$602

$618

-3.9%

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

20

11

18

8

-60.0%

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

25

16

10

16

-36.0%

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

54

39

25

35

-35.2%

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

23

40

8

9

-60.9%

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

2.7

3.5

1.4

4.4

62.0%

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

46.3%

41.0%

40.0%

45.7%

-1.3%

$953,792

$1,074,667

$1,113,000

$1,031,077

8.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.005

JUN

$1,205,000

JUL AUG

MEDIAN SALES PRICE

SEP

$618

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

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

Micro Market Report : May 2018


REDONDO BEACH- SOUTH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,449,500

$1,618,500

$1,432,875

$1,955,750

34.9%

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

$781

$571

$1,369

$738

-5.5%

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

14

16

11

20

42.9%

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

18

15

16

20

11.1%

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

65

46

46

45

-30.8%

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

14

77

28

32

128.6%

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

4.6

2.9

4.2

2.2

-51.5%

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

27.7%

32.6%

34.8%

44.4%

60.5%

$1,381,581

$1,602,771

$1,773,917

$1,548,971

12.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.449

JUN

$1,955,750

JUL AUG

MEDIAN SALES PRICE

SEP

$738

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.955 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


ROLLING HILLS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,450,000

$3,590,000

$1,650,000

$3,812,500

55.6%

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

$834

$939

$574

$695

-16.7%

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

1

4

1

2

100.0%

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

2

2

2

2

0.0%

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

31

29

30

43

38.7%

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

24

46

14

42

75.0%

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

31

7.2

30

21.5

-30.6%

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

6.5%

6.9%

6.7%

4.7%

-27.9%

$2,358,646

$2,588,000

$2,596,667

$2,875,200

21.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$2.450

JUN

$3,812,500

JUL AUG

MEDIAN SALES PRICE

SEP

$695

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

21.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.812 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


ROLLING HILLS ESTATES

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,325,000

$1,588,000

$1,567,500

$1,513,000

14.2%

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

$599

$535

$624

$676

12.9%

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

11

3

6

6

-45.5%

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

8

3

9

7

-12.5%

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

42

24

23

27

-35.7%

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

23

54

52

31

34.8%

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

3.8

8

3.8

4.5

17.9%

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

19.0%

12.5%

39.1%

25.9%

36.1%

$1,556,042

$1,665,583

$1,745,333

$1,616,923

3.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.325

JUN

$1,513,000

JUL AUG

MEDIAN SALES PRICE

SEP

$676

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

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

Micro Market Report : May 2018


SAN PEDRO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$689,000

$623,000

$670,000

$695,000

0.9%

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

$431

$444

$417

$437

1.4%

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

35

29

27

37

5.7%

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

33

28

31

40

21.2%

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

127

107

82

103

-18.9%

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

45

19

30

27

-40.0%

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

3.6

3.7

3

2.8

-23.3%

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

26.0%

26.2%

37.8%

38.8%

49.5%

$627,563

$661,667

$665,000

$666,769

6.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $689

MAY JUN

$695,000

JUL AUG

MEDIAN SALES PRICE

SEP

$437

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$695 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


TORRANCE- COUNTY STRIP

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$545,000

$542,000

$522,500

$580,000

6.4%

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

$327

$395

$456

$423

29.4%

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

7

5

3

3

-57.1%

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

6

3

7

12

100.0%

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

17

16

15

20

17.6%

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

26

27

18

30

15.4%

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

2.4

3.2

5

6.7

174.5%

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

35.3%

18.8%

46.7%

60.0%

70.0%

$517,596

$558,333

$600,833

$551,000

6.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$545

JUN

$580,000

JUL AUG

MEDIAN SALES PRICE

SEP

$423

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$580 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


TORRANCE- NORTH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$705,500

$680,000

$717,250

$739,500

4.8%

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

$434

$490

$462

$518

19.4%

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

12

10

8

16

33.3%

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

20

16

11

18

-10.0%

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

39

35

33

49

25.6%

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

19

21

22

24

26.3%

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

3.2

3.5

4.1

3.1

-5.8%

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

51.3%

45.7%

33.3%

36.7%

-28.4%

$637,313

$714,458

$732,333

$698,019

9.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $705

MAY JUN

$739,500

JUL AUG

MEDIAN SALES PRICE

SEP

$518

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$739 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


TORRANCE- SOUTH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$910,000

$884,500

$965,000

$962,000

5.7%

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

$536

$528

$530

$534

-0.4%

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

21

28

10

27

28.6%

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

34

16

18

19

-44.1%

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

58

39

40

53

-8.6%

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

27

40

13

22

-18.5%

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

2.8

1.4

4

2

-28.9%

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

58.6%

41.0%

45.0%

35.8%

-38.8%

$898,469

$983,083

$971,000

$963,500

7.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$910

JUN

$962,000

JUL AUG

MEDIAN SALES PRICE

SEP

$534

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$962 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


TORRANCE- SOUTHEAST

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$678,500

$722,500

$782,000

$692,000

2.0%

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

$384

$447

$530

$403

4.9%

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

14

18

6

11

-21.4%

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

21

3

14

17

-19.0%

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

51

28

32

42

-17.6%

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

23

57

25

15

-34.8%

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

3.6

1.6

5.3

3.8

4.8%

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

41.2%

10.7%

43.8%

40.5%

-1.7%

$647,229

$723,415

$708,167

$733,884

13.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$678

JUN

$692,000

JUL AUG

MEDIAN SALES PRICE

SEP

$403

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$692 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


TORRANCE- WEST

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$908,000

$863,500

$955,000

$934,000

2.9%

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

$509

$547

$535

$564

10.8%

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

17

12

6

23

35.3%

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

19

15

13

18

-5.3%

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

33

29

25

37

12.1%

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

12

26

13

18

50.0%

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

1.9

2.4

4.2

1.6

-17.1%

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

57.6%

51.7%

52.0%

48.6%

-15.5%

$840,771

$931,125

$942,250

$914,788

8.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $908

MAY JUN

$934,000

JUL AUG

MEDIAN SALES PRICE

SEP

$564

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$934 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SAN FERNANDO VALLEY MACRO MARKET

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,016,063

$1,009,000

$955,941

$1,068,706

5.2%

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

$461

$500

$480

$504

9.4%

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

32

28

19

30

-6.2%

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

35

28

28

37

5.9%

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

65

55

52

70

8.1%

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

49

61

53

48

-2.0%

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

2

2

2.8

2.3

15.3%

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

54.5%

51.6%

53.4%

53.4%

-2.0%

$925,696

$1,037,137

$1,074,196

$980,560

5.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.016

JUN

$1,068,706

JUL AUG

MEDIAN SALES PRICE

SEP

$504

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.068 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


AGOURA HILLS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,000,000

$855,000

$1,000,000

$990,000

-1.0%

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

$411

$420

$449

$382

-7.1%

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

23

13

14

31

34.8%

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

26

13

24

31

19.2%

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

51

56

48

57

11.8%

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

58

61

47

68

17.2%

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

2.2

4.3

3.4

1.8

-17.1%

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

51.0%

23.2%

50.0%

54.4%

6.7%

$902,583

$922,833

$894,000

$953,154

5.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.000

JUN

$990,000

JUL AUG

MEDIAN SALES PRICE

SEP

$382

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$990 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BURBANK

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$812,000

$785,000

$808,000

$865,000

6.5%

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

$534

$534

$566

$552

3.4%

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

52

47

26

48

-7.7%

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

53

43

51

60

13.2%

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

76

32

38

69

-9.2%

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

35

51

39

26

-25.7%

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

1.5

0.7

1.5

1.4

-1.6%

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

69.7%

134.4%

134.2%

87.0%

24.7%

$762,833

$850,000

$862,333

$821,769

7.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $812

MAY JUN

$865,000

JUL AUG

MEDIAN SALES PRICE

SEP

$552

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$865 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CALABASAS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,458,000

$1,505,000

$1,540,000

$1,465,000

0.5%

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

$457

$454

$502

$458

0.2%

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

34

21

14

26

-23.5%

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

32

13

20

27

-15.6%

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

96

63

76

99

3.1%

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

70

122

66

68

-2.9%

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

2.8

3

5.4

3.8

34.9%

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

33.3%

20.6%

26.3%

27.3%

-18.2%

$1,374,083

$1,418,833

$1,313,333

$1,388,923

1.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.458

MAY JUN

$1,465,000

JUL AUG

MEDIAN SALES PRICE

SEP

$458

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.465 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


ENCINO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,256,000

$1,266,000

$1,550,000

$1,458,000

16.1%

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

$529

$516

$531

$562

6.2%

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

51

32

27

36

-29.4%

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

52

36

38

43

-17.3%

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

104

84

93

114

9.6%

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

68

63

88

50

-26.5%

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

2

2.6

3.4

3.2

55.3%

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

50.0%

42.9%

40.9%

37.7%

-24.6%

$1,249,917

$1,506,000

$1,367,333

$1,411,308

12.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.256

JUN

$1,458,000

JUL AUG

MEDIAN SALES PRICE

SEP

$562

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.458 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


GLENDALE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,055,000

$851,000

$910,000

$927,000

-12.1%

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

$535

$509

$510

$530

-0.9%

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

61

61

37

56

-8.2%

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

68

65

34

73

7.4%

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

91

88

66

88

-3.3%

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

40

43

50

36

-10.0%

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

2

1.3

2.9

1.5

-24.7%

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

58.3%

77.9%

50.0%

74.7%

28.3%

$880,083

$985,833

$1,047,000

$955,917

8.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$972

JUN

$927,000

JUL AUG

MEDIAN SALES PRICE

SEP

$530

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

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

Micro Market Report : May 2018


LA CRESCENTA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$885,000

$868,000

$940,000

$1,027,000

16.0%

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

$510

$519

$540

$553

8.4%

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

15

11

8

24

60.0%

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

24

17

11

34

41.7%

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

26

21

15

22

-15.4%

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

34

47

51

29

-14.7%

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

1.7

1.9

1.9

0.9

-47.1%

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

92.3%

81.0%

73.3%

154.5%

67.4%

$824,000

$941,500

$970,333

$890,923

8.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$885

JUN

$1,027,000

JUL AUG

MEDIAN SALES PRICE

SEP

$553

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

0.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.027 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


NORTH HOLLYWOOD

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$550,000

$580,000

$613,000

$669,000

21.6%

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

$402

$446

$451

$459

14.2%

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

36

37

17

29

-19.4%

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

43

37

28

43

0.0%

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

37

43

30

45

21.6%

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

32

43

103

44

37.5%

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

1

1.2

1.8

1.6

51.0%

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

116.2%

86.0%

93.3%

95.6%

-17.8%

Average Median Price for Last 12 Months

$538,917

$639,000

$661,000

$611,231

13.4%

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

CURRENT MARKET SNAPSHOT MAY

$550

JUN

$669,000

JUL AUG

MEDIAN SALES PRICE

SEP

$459

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$669 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SHADOW HILLS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,061,000

$878,000

$0

$925,000

-12.8%

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

$318

$322

$0

$394

23.9%

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

1

7

0

7

600.0%

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

7

2

7

7

0.0%

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

10

11

11

17

70.0%

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

46

119

0

48

4.3%

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

10

1.6

n/a

2.4

-75.7%

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

70.0%

18.2%

63.6%

41.2%

-41.2%

$785,250

$648,000

$901,667

$751,923

-4.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.061

JUN

$925,000

JUL AUG

MEDIAN SALES PRICE

SEP

$394

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$925 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SHERMAN OAKS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,179,000

$1,135,000

$1,229,000

$1,259,000

6.8%

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

$509

$541

$591

$586

15.1%

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

66

53

43

51

-22.7%

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

73

49

51

62

-15.1%

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

119

94

92

124

4.2%

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

57

58

58

57

0.0%

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

1.8

1.8

2.1

2.4

34.8%

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

61.3%

52.1%

55.4%

50.0%

-18.5%

$1,165,833

$1,288,833

$1,334,667

$1,218,308

4.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.179

JUN

$1,259,000

JUL AUG

MEDIAN SALES PRICE

SEP

$586

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.259 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


STUDIO CITY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,360,000

$1,430,000

$1,265,000

$1,700,000

25.0%

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

$607

$653

$599

$647

6.6%

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

33

30

26

17

-48.5%

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

32

28

36

36

12.5%

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

89

64

65

90

1.1%

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

42

56

45

43

2.4%

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

2.7

2.1

2.5

5.3

96.3%

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

36.0%

43.8%

55.4%

40.0%

11.2%

$1,427,083

$1,521,667

$1,560,000

$1,425,231

-0.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.360

JUN

$1,700,000

JUL AUG

MEDIAN SALES PRICE

SEP

$647

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.700 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SUN VALLEY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$483,000

$542,000

$497,000

$535,000

10.8%

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

$384

$400

$459

$430

12.0%

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

22

14

10

19

-13.6%

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

19

21

24

25

31.6%

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

31

26

17

23

-25.8%

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

39

24

34

48

23.1%

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

1.4

1.9

1.7

1.2

-14.1%

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

61.3%

80.8%

141.2%

108.7%

77.3%

$493,583

$548,833

$539,333

$545,385

10.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$483

JUN

$535,000

JUL AUG

MEDIAN SALES PRICE

SEP

$430

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$535 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SUNLAND/TUJUNGA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$625,000

$501,000

$602,000

$669,000

7.0%

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

$373

$456

$413

$399

7.0%

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

23

20

10

17

-26.1%

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

32

19

9

20

-37.5%

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

16

16

19

32

100.0%

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

35

56

37

38

8.6%

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

0.7

0.8

1.9

1.9

170.6%

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

200.0%

118.8%

47.4%

62.5%

-68.8%

Average Median Price for Last 12 Months

$580,667

$612,000

$624,667

$586,154

0.9%

*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 $625

MAY JUN

$669,000

JUL AUG

MEDIAN SALES PRICE

SEP

$399

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$669 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


TARZANA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,098,000

$1,065,000

$1,250,000

$1,174,000

6.9%

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

$416

$399

$511

$452

8.7%

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

26

19

13

18

-30.8%

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

34

28

42

33

-2.9%

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

86

76

74

107

24.4%

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

57

77

59

57

0.0%

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

3.3

4

5.7

5.9

79.7%

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

39.5%

36.8%

56.8%

30.8%

-22.0%

$1,055,583

$1,098,500

$1,190,667

$1,083,615

2.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.098

JUN

$1,174,000

JUL AUG

MEDIAN SALES PRICE

SEP

$452

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.174 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


TOLUCA LAKE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,490,000

$1,620,000

$1,175,000

$1,150,000

-22.8%

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

$569

$897

$598

$664

16.7%

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

8

4

5

9

12.5%

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

6

9

6

5

-16.7%

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

15

13

15

24

60.0%

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

53

5

52

41

-22.6%

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

1.9

3.2

3

2.7

42.2%

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

40.0%

69.2%

40.0%

20.8%

-47.9%

$1,451,167

$1,481,500

$1,593,667

$1,549,769

6.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.490

JUN

$1,150,000

JUL AUG

MEDIAN SALES PRICE

SEP

$664

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

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

Micro Market Report : May 2018


VALLEY VILLAGE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,050,000

$1,051,000

$945,000

$1,268,000

20.8%

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

$576

$538

$638

$592

2.8%

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

17

15

6

16

-5.9%

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

16

15

12

15

-6.2%

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

34

17

18

26

-23.5%

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

38

54

36

29

-23.7%

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

2

1.1

3

1.6

-18.8%

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

47.1%

88.2%

66.7%

57.7%

22.6%

$916,417

$1,082,333

$1,179,000

$1,039,615

13.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.050

JUN

$1,268,000

JUL AUG

MEDIAN SALES PRICE

SEP

$592

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.268 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WESTLAKE VILLAGE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,120,000

$1,451,000

$1,093,000

$1,088,000

-2.9%

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

$411

$511

$402

$498

21.2%

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

36

26

14

36

0.0%

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

38

21

22

37

-2.6%

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

111

96

95

116

4.5%

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

70

99

91

77

10.0%

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

3.1

3.7

6.8

3.2

4.5%

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

34.2%

21.9%

23.2%

31.9%

-6.8%

$1,248,333

$1,196,000

$1,302,667

$1,203,538

-3.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.120

JUN

$1,088,000

JUL AUG

MEDIAN SALES PRICE

SEP

$498

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.088 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WOODLAND HILLS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$830,000

$770,000

$834,000

$871,000

4.9%

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

$373

$392

$398

$413

10.7%

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

69

61

49

65

-5.8%

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

79

66

56

91

15.2%

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

137

135

110

136

-0.7%

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

47

55

49

50

6.4%

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

2

2.2

2.2

2.1

5.4%

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

57.7%

48.9%

50.9%

66.9%

16.0%

$828,417

$868,333

$877,000

$836,692

1.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$830

JUN

$871,000

JUL AUG

MEDIAN SALES PRICE

SEP

$413

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$871 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SAN GABRIEL VALLEY MACRO MARKET

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,050,167

$1,130,167

$1,090,083

$1,080,833

2.9%

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

$550

$568

$575

$587

6.7%

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

27

20

15

25

-5.9%

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

31

21

20

26

-15.8%

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

59

47

52

58

-1.6%

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

46

45

35

34

-24.4%

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

2.2

2.4

3.4

2.3

4.6%

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

52.3%

44.8%

38.4%

44.7%

-14.4%

$1,048,521

$1,100,194

$1,127,111

$1,085,365

3.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.050

JUN

$1,080,833

JUL AUG

MEDIAN SALES PRICE

SEP

$587

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.080 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


ALHAMBRA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$694,000

$680,000

$639,000

$748,000

7.8%

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

$438

$479

$511

$490

11.9%

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

13

13

10

20

53.8%

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

23

14

12

21

-8.7%

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

25

16

19

28

12.0%

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

30

33

19

25

-16.7%

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

1.9

1.2

1.9

1.4

-27.2%

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

92.0%

87.5%

63.2%

75.0%

-18.5%

$644,667

$727,167

$739,667

$704,846

9.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$694

JUN

$748,000

JUL AUG

MEDIAN SALES PRICE

SEP

$490

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$748 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


ALTADENA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$825,000

$822,000

$863,000

$838,000

1.6%

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

$480

$484

$527

$526

9.6%

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

35

33

18

43

22.9%

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

40

26

20

37

-7.5%

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

43

35

51

52

20.9%

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

46

42

29

32

-30.4%

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

1.2

1.1

2.8

1.2

-1.6%

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

93.0%

74.3%

39.2%

71.2%

-23.5%

$773,167

$801,500

$783,333

$811,000

4.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $825

MAY JUN

$838,000

JUL AUG

MEDIAN SALES PRICE

SEP

$526

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$838 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


ARCADIA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,059,000

$1,400,000

$1,630,000

$1,295,000

22.3%

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

$557

$568

$512

$576

3.4%

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

40

38

21

30

-25.0%

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

49

29

29

44

-10.2%

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

215

191

204

185

-14.0%

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

58

50

45

44

-24.1%

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

5.4

5

9.7

6.2

14.7%

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

22.8%

15.2%

14.2%

23.8%

4.4%

$1,284,167

$1,416,500

$1,355,000

$1,330,615

3.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.059

JUN

$1,295,000

JUL AUG

MEDIAN SALES PRICE

SEP

$576

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.295 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


DUARTE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$500,000

$525,000

$480,000

$500,000

0.0%

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

$410

$361

$421

$402

-2.0%

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

11

8

11

15

36.4%

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

20

13

21

17

-15.0%

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

17

18

20

21

23.5%

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

29

36

38

31

6.9%

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

1.5

2.2

1.8

1.4

-9.4%

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

117.6%

72.2%

105.0%

81.0%

-31.2%

Average Median Price for Last 12 Months

$482,500

$541,667

$566,000

$529,154

9.7%

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

CURRENT MARKET SNAPSHOT MAY

$500

JUN

$500,000

JUL AUG

MEDIAN SALES PRICE

SEP

$402

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$500 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


EAGLE ROCK

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$790,000

$860,000

$868,000

$911,000

15.3%

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

$526

$569

$545

$556

5.7%

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

4

7

14

8

100.0%

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

9

5

20

2

-77.8%

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

16

6

18

4

-75.0%

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

101

45

44

45

-55.4%

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

4

0.9

1.3

0.5

-87.5%

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

56.2%

83.3%

111.1%

50.0%

-11.1%

$792,750

$916,667

$896,000

$881,538

11.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$790

JUN

$911,000

JUL AUG

MEDIAN SALES PRICE

SEP

$556

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

0.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$911 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LA CANADA FLINTRIDGE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,810,000

$2,495,000

$1,250,000

$1,748,000

-3.4%

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

$664

$655

$668

$652

-1.8%

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

25

13

7

24

-4.0%

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

34

24

12

16

-52.9%

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

46

27

37

58

26.1%

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

56

42

19

44

-21.4%

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

1.8

2.1

5.3

2.4

31.3%

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

73.9%

88.9%

32.4%

27.6%

-62.7%

$1,786,083

$1,709,667

$1,907,333

$1,753,769

-1.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.810

JUN

$1,748,000

JUL AUG

MEDIAN SALES PRICE

SEP

$652

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.748 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MONROVIA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$617,000

$679,000

$703,000

$752,000

21.9%

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

$399

$467

$490

$499

25.1%

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

22

30

16

16

-27.3%

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

15

20

19

21

40.0%

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

42

36

25

42

0.0%

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

29

30

58

25

-13.8%

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

1.9

1.2

1.6

2.6

37.5%

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

35.7%

55.6%

76.0%

50.0%

40.0%

$654,667

$721,000

$725,000

$711,769

8.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$617

JUN

$752,000

JUL AUG

MEDIAN SALES PRICE

SEP

$499

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$752 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


PASADENA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,025,000

$943,000

$960,000

$1,085,000

5.9%

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

$560

$637

$529

$599

7.0%

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

105

58

51

91

-13.3%

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

116

73

61

90

-22.4%

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

177

128

136

172

-2.8%

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

46

40

42

45

-2.2%

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

1.7

2.2

2.7

1.9

12.1%

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

65.5%

57.0%

44.9%

52.3%

-20.2%

$859,417

$1,013,500

$1,079,667

$983,308

14.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.025

MAY JUN

$1,085,000

JUL AUG

MEDIAN SALES PRICE

SEP

$599

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.085 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SAN GABRIEL

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$722,000

$863,000

$845,000

$753,000

4.3%

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

$483

$499

$485

$457

-5.4%

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

32

20

14

20

-37.5%

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

16

23

15

25

56.2%

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

45

40

40

44

-2.2%

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

31

34

17

39

25.8%

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

1.4

2

2.9

2.2

56.4%

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

35.6%

57.5%

37.5%

56.8%

59.8%

$735,250

$788,500

$752,667

$793,923

8.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$722

JUN

$753,000

JUL AUG

MEDIAN SALES PRICE

SEP

$457

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$753 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SAN MARINO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,150,000

$1,875,000

$2,405,000

$1,867,000

-13.2%

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

$853

$823

$940

$1,018

19.3%

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

15

8

8

8

-46.7%

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

16

13

9

15

-6.2%

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

44

40

41

56

27.3%

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

48

136

31

24

-50.0%

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

2.9

5

5.1

7

138.6%

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

36.4%

32.5%

22.0%

26.8%

-26.3%

$2,215,417

$2,077,000

$2,054,000

$2,107,923

-4.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$2.150

JUN

$1,867,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,018

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.867 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SIERRA MADRE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,100,000

$1,020,000

$825,000

$1,265,000

15.0%

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

$546

$509

$567

$549

0.5%

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

8

6

7

15

87.5%

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

14

10

10

11

-21.4%

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

23

17

17

19

-17.4%

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

33

33

24

33

0.0%

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

2.9

2.8

2.4

1.3

-55.9%

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

60.9%

58.8%

58.8%

57.9%

-4.9%

$1,051,333

$961,667

$1,144,000

$1,011,385

-3.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.100

JUN

$1,265,000

JUL AUG

MEDIAN SALES PRICE

SEP

$549

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.265 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SOUTH PASADENA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,310,000

$1,400,000

$1,613,000

$1,208,000

-7.8%

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

$684

$761

$703

$721

5.4%

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

13

5

4

14

7.7%

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

16

4

10

11

-31.2%

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

11

13

12

12

9.1%

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

39

24

50

26

-33.3%

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

0.8

2.6

3

0.9

1.3%

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

145.5%

30.8%

83.3%

91.7%

-37.0%

$1,302,833

$1,527,500

$1,522,667

$1,405,154

7.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.310

JUN

$1,208,000

JUL AUG

MEDIAN SALES PRICE

SEP

$721

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

0.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

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

Micro Market Report : May 2018


ORANGE COUNTY

ORANGE COUNTY MACRO

IRVINE

NEWPORT HEIGHTS

ALISO VIEJO

LADERA RANCH

RANCHO SANTA MARGARITA

BALBOA PENINSULA

LAGUNA BEACH

SAN CLEMENTE

CORONA DEL MAR - SPYGLASS

LAGUNA HILLS

SAN JUAN CAPISTRANO

COTO DE CAZA

LAGUNA NIGUEL

SEAL BEACH

CRYSTAL COVE

LAGUNA WOODS

SHADY CANYON

DANA POINT

LOWER NEWPORT BAY - BALBOA ISLAND

TURTLE RIDGE

EAST BLUFF - HARBOR VIEW

MISSION VIEJO

TURTLE ROCK

EAST COSTA MESA

NELLE GAIL

WESTMINSTER

FOUNTAIN VALLEY

NEWPORT BEACH

WEST BAY - SANTA ANA HEIGHTS

HUNTINGTON BEACH

NEWPORT COAST

WEST NEWPORT - LIDO

Micro Market Report : May 2018


COUNTY: ORANGE AREA: 948 SQ MILES FOUNDED: 1889

Micro Market Report : May 2018


ORANGE COUNTY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$790,000

$780,000

$801,000

$830,000

5.1%

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

$474

$456

$473

$502

5.9%

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

1991

1519

1115

1802

-9.5%

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

2020

1301

1507

1986

-1.7%

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

6,794

5,099

5,018

6,591

-3.0%

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

40

47

41

36

-10.0%

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

3.4

3.4

4.5

3.7

7.2%

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

29.7%

25.5%

30.0%

30.1%

1.3%

$747,288

$803,500

$820,000

$792,962

6.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $790

MAY JUN

$830,000

JUL AUG

MEDIAN SALES PRICE

SEP

$502

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$830 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


ALISO VIEJO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$822,500

$785,000

$808,000

$834,450

1.5%

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

$406

$403

$406

$451

11.1%

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

32

11

12

12

-62.5%

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

26

15

13

16

-38.5%

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

71

32

31

43

-39.4%

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

22

44

14

38

72.7%

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

2.2

2.9

2.6

3.6

61.5%

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

36.6%

46.9%

41.9%

37.2%

1.6%

$796,663

$827,408

$839,150

$822,300

3.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $822

MAY JUN

$834,450

JUL AUG

MEDIAN SALES PRICE

SEP

$451

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$834 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BALBOA PENINSULA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$3,625,000

$2,900,000

$4,265,000

$4,630,000

27.7%

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

$1,573

$2,651

$1,661

$1,609

2.3%

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

10

1

4

6

-40.0%

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

10

4

4

7

-30.0%

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

41

34

31

55

34.1%

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

89

80

42

124

39.3%

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

4.1

34

7.8

9.2

123.6%

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

24.4%

11.8%

12.9%

12.7%

-47.8%

$3,371,000

$5,078,083

$6,642,833

$3,935,077

16.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$3.625

JUN

$4,630,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,609

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

9.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$4.630 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CORONA DEL MAR - SPYGLASS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$2,777,163

$2,605,000

$3,552,000

$3,285,000

18.3%

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

$1,086

$1,127

$1,301

$1,331

22.6%

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

20

14

7

22

10.0%

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

21

12

15

17

-19.0%

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

93

78

81

93

0.0%

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

93

90

63

62

-33.3%

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

4.6

5.6

11.6

4.2

-9.1%

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

22.6%

15.4%

18.5%

18.3%

-19.0%

$2,847,574

$3,384,010

$3,449,687

$3,046,556

7.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$2.777

JUN

$3,285,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,331

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.285 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


COTO DE CAZA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,190,000

$1,232,000

$1,265,027

$1,470,000

23.5%

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

$353

$349

$363

$441

24.9%

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

33

14

15

21

-36.4%

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

25

12

21

25

0.0%

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

134

96

113

143

6.7%

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

48

88

101

83

72.9%

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

4.1

6.9

7.5

6.8

67.7%

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

18.7%

12.5%

18.6%

17.5%

-6.3%

$1,174,585

$1,281,255

$1,257,500

$1,269,425

8.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.190

JUN

$1,470,000

JUL AUG

MEDIAN SALES PRICE

SEP

$441

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

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

Micro Market Report : May 2018


CRYSTAL COVE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$7,800,000

$5,590,000

$6,100,000

$5,300,000

-32.1%

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

$1,433

$1,279

$1,234

$1,283

-10.5%

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

5

1

2

1

-80.0%

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

2

1

2

2

0.0%

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

25

26

21

30

20.0%

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

70

71

378

91

30.0%

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

5

26

10.5

30

500.0%

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

8.0%

3.8%

9.5%

6.7%

-16.7%

$6,212,313

$8,853,589

$11,943,333

$8,133,461

30.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$7.800

JUN

$5,300,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,283

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

30 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$5.300 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


DANA POINT

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

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

$1,225,000

$1,394,000

$1,072,000

$1,605,000

31.0%

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

$760

$682

$611

$877

15.4%

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

25

30

14

30

20.0%

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

43

19

26

35

-18.6%

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

199

149

145

191

-4.0%

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

67

44

102

59

-11.9%

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

8

5

10.4

6.4

-20.0%

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

21.6%

12.8%

17.9%

18.3%

-15.2%

$1,021,479

$1,184,917

$1,304,167

$1,176,385

15.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT MAY

$1.225

JUN

$1,605,000

JUL AUG

MEDIAN SALES PRICE

SEP

$877

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.605 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


EAST BLUFF - HARBOR VIEW

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,840,000

$1,749,000

$2,220,000

$1,920,000

4.3%

Average Price per Square Foot ..............

$678

$621

$692

$786

15.9%

Properties Sold ...................................

18

7

15

20

11.1%

Properties Pending Sale .......................

28

12

16

19

-32.1%

Properties For Sale ..............................

118

92

92

119

0.8%

Days on Market (Pending Sale) .............

103

77

68

85

-17.5%

Month’s Supply of Inventory .................

6.6

13.1

6.1

6

-9.2%

Percent Under Contract .......................

23.7%

13.0%

17.4%

16.0%

-32.7%

$1,891,718

$2,183,333

$1,992,500

$2,097,038

10.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.840

JUN

$1,920,000

JUL AUG

MEDIAN SALES PRICE

SEP

$786

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.920 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


EAST COSTA MESA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,022,000

$1,050,000

$1,191,000

$1,075,000

5.2%

Average Price per Square Foot ..............

$579

$644

$627

$623

7.6%

Properties Sold ...................................

18

19

16

20

11.1%

Properties Pending Sale .......................

29

11

18

16

-44.8%

Properties For Sale ..............................

69

65

67

73

5.8%

Days on Market (Pending Sale) .............

42

68

27

44

4.8%

Month’s Supply of Inventory .................

3.8

3.4

4.2

3.6

-4.8%

Percent Under Contract .......................

42.0%

16.9%

26.9%

21.9%

-47.9%

$1,033,362

$1,092,917

$1,111,500

$1,049,606

1.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.022

JUN

$1,075,000

JUL AUG

MEDIAN SALES PRICE

SEP

$623

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.075 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


FOUNTAIN VALLEY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$760,000

$778,500

$852,500

$825,000

8.6%

Average Price per Square Foot ..............

$393

$406

$417

$420

6.9%

Properties Sold ...................................

23

22

22

24

4.3%

Properties Pending Sale .......................

35

27

24

44

25.7%

Properties For Sale ..............................

72

53

53

80

11.1%

Days on Market (Pending Sale) .............

18

24

19

21

16.7%

Month’s Supply of Inventory .................

3.1

2.4

2.4

3.3

6.5%

Percent Under Contract .......................

48.6%

50.9%

45.3%

55.0%

13.1%

$768,017

$810,833

$819,333

$790,769

3.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$760

JUN

$825,000

JUL AUG

MEDIAN SALES PRICE

SEP

$420

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$825 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


HUNTINGTON BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$880,000

$922,500

$960,000

$893,000

1.5%

Average Price per Square Foot ..............

$488

$511

$510

$539

10.5%

Properties Sold ...................................

127

98

69

127

0.0%

Properties Pending Sale .......................

103

90

97

128

24.3%

Properties For Sale ..............................

333

264

268

316

-5.1%

Days on Market (Pending Sale) .............

34

39

39

26

-23.5%

Month’s Supply of Inventory .................

2.6

2.7

3.9

2.5

-5.1%

Percent Under Contract .......................

30.9%

34.1%

36.2%

40.5%

31.0%

$820,500

$884,167

$880,000

$886,423

8.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$880

JUN

$893,000

JUL AUG

MEDIAN SALES PRICE

SEP

$539

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$893 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


IRVINE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,142,000

$1,240,000

$1,195,999

$1,180,000

3.3%

Average Price per Square Foot ..............

$519

$522

$511

$529

1.9%

Properties Sold ...................................

118

93

68

123

4.2%

Properties Pending Sale .......................

105

81

93

121

15.2%

Properties For Sale ..............................

458

317

358

477

4.1%

Days on Market (Pending Sale) .............

39

56

34

32

-17.9%

Month’s Supply of Inventory .................

3.9

3.4

5.3

3.9

-0.1%

Percent Under Contract .......................

22.9%

25.6%

26.0%

25.4%

10.6%

$1,088,124

$1,182,417

$1,209,667

$1,149,846

5.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.142

JUN

$1,180,000

JUL AUG

MEDIAN SALES PRICE

SEP

$529

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.180 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LADERA RANCH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$779,000

$1,024,400

$825,000

$1,147,000

47.2%

Average Price per Square Foot ..............

$350

$355

$383

$389

11.1%

Properties Sold ...................................

27

28

22

41

51.9%

Properties Pending Sale .......................

31

17

28

41

32.3%

Properties For Sale ..............................

130

92

91

115

-11.5%

Days on Market (Pending Sale) .............

32

54

55

45

40.6%

Month’s Supply of Inventory .................

4.8

3.3

4.1

2.8

-41.7%

Percent Under Contract .......................

23.8%

18.5%

30.8%

35.7%

49.5%

$890,250

$1,024,358

$1,090,333

$963,731

8.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$779

JUN

$1,147,000

JUL AUG

MEDIAN SALES PRICE

SEP

$389

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.147 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LAGUNA BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,925,000

$1,964,000

$2,262,500

$1,935,000

0.5%

Average Price per Square Foot ..............

$1,113

$946

$1,141

$1,621

45.6%

Properties Sold ...................................

39

27

14

24

-38.5%

Properties Pending Sale .......................

26

19

26

40

53.8%

Properties For Sale ..............................

254

243

241

289

13.8%

Days on Market (Pending Sale) .............

70

88

120

86

22.9%

Month’s Supply of Inventory .................

6.5

9

17.2

12

84.9%

Percent Under Contract .......................

10.2%

7.8%

10.8%

13.8%

35.2%

$2,030,633

$2,210,625

$2,084,583

$2,032,135

0.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.925

JUN

$1,935,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,621

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

12 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.935 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LAGUNA NIGUEL

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$929,500

$965,000

$942,500

$987,375

6.2%

Average Price per Square Foot ..............

$427

$434

$430

$435

1.9%

Properties Sold ...................................

76

43

46

52

-31.6%

Properties Pending Sale .......................

60

45

48

63

5.0%

Properties For Sale ..............................

267

193

184

242

-9.4%

Days on Market (Pending Sale) .............

48

42

41

41

-14.6%

Month’s Supply of Inventory .................

3.5

4.5

4

4.7

32.5%

Percent Under Contract .......................

22.5%

23.3%

26.1%

26.0%

15.8%

$894,058

$942,421

$968,042

$953,848

6.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $929

MAY JUN

$987,375

JUL AUG

MEDIAN SALES PRICE

SEP

$435

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$987 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LAGUNA HILLS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$865,000

$848,000

$1,158,000

$837,500

-3.2%

Average Price per Square Foot ..............

$368

$359

$433

$382

3.8%

Properties Sold ...................................

32

24

10

28

-12.5%

Properties Pending Sale .......................

33

14

29

26

-21.2%

Properties For Sale ..............................

125

75

74

96

-23.2%

Days on Market (Pending Sale) .............

30

62

40

44

46.7%

Month’s Supply of Inventory .................

3.9

3.1

7.4

3.4

-12.2%

Percent Under Contract .......................

26.4%

18.7%

39.2%

27.1%

2.6%

$837,009

$904,333

$857,500

$868,962

3.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$865

JUN

$837,500

JUL AUG

MEDIAN SALES PRICE

SEP

$382

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$837 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LAGUNA WOODS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$0

$975,000

$860,000

$0

n/a

Average Price per Square Foot ..............

$0

$546

$540

$0

n/a

Properties Sold ...................................

0

1

1

0

n/a

Properties Pending Sale .......................

0

1

0

0

n/a

Properties For Sale ..............................

0

2

2

0

n/a

Days on Market (Pending Sale) .............

0

15

0

0

n/a

Month’s Supply of Inventory .................

n/a

2

2

n/a

n/a

Percent Under Contract .......................

n/a

50.0%

0.0%

n/a

n/a

Average Median Price for Last 12 Months

$0

$794,750

n/a

$854,833

n/a

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY JUN

NO SALES

JUL AUG

MEDIAN SALES PRICE

SEP

NO SALES

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

N/A MONTH’S SUPPLY OF INVENTORY

MAR APR MAY MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LANTERN VILLAGE IN DANA POINT

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,646,500

$970,000

$1,094,000

$2,210,000

34.2%

Average Price per Square Foot ..............

$851

$508

$563

$735

-13.6%

Properties Sold ...................................

2

8

5

3

50.0%

Properties Pending Sale .......................

4

3

3

6

50.0%

Properties For Sale ..............................

23

22

18

30

30.4%

Days on Market (Pending Sale) .............

14

51

98

43

207.1%

Month’s Supply of Inventory .................

11.5

2.8

3.6

10

-13.0%

Percent Under Contract .......................

17.4%

13.6%

16.7%

20.0%

15.0%

$948,875

$1,270,750

$1,336,333

$1,185,077

24.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.646

JUN

$2,210,000

JUL AUG

MEDIAN SALES PRICE

SEP

$735

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

10 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.210 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LOWER NEWPORT BAY - BALBOA ISLAND

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$2,929,350

$3,705,000

$2,717,500

$5,400,000

84.3%

Average Price per Square Foot ..............

$1,201

$1,281

$1,630

$2,222

85.0%

Properties Sold ...................................

8

7

2

7

-12.5%

Properties Pending Sale .......................

8

5

4

11

37.5%

Properties For Sale ..............................

37

31

21

36

-2.7%

Days on Market (Pending Sale) .............

54

94

109

29

-46.3%

Month’s Supply of Inventory .................

4.6

4.4

10.5

5.1

11.2%

Percent Under Contract .......................

21.6%

16.1%

19.0%

30.6%

41.3%

$3,258,679

$3,687,917

$4,450,000

$3,624,950

11.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$2.929

JUN

$5,400,000

JUL AUG

MEDIAN SALES PRICE

SEP

$2,222

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$5.400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MISSION VIEJO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$750,000

$735,000

$757,500

$790,000

5.3%

Average Price per Square Foot ..............

$357

$381

$377

$380

6.4%

Properties Sold ...................................

101

76

48

81

-19.8%

Properties Pending Sale .......................

112

66

84

95

-15.2%

Properties For Sale ..............................

293

381

217

297

1.4%

Days on Market (Pending Sale) .............

36

47

30

27

-25.0%

Month’s Supply of Inventory .................

2.9

5

4.5

3.7

26.4%

Percent Under Contract .......................

38.2%

17.3%

38.7%

32.0%

-16.3%

$709,329

$757,833

$775,000

$748,327

5.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $750

MAY JUN

$790,000

JUL AUG

MEDIAN SALES PRICE

SEP

$380

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$790 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MONARCH BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,400,000

$2,090,000

$1,725,000

$2,549,500

82.1%

Average Price per Square Foot ..............

$863

$843

$761

$1,056

22.4%

Properties Sold ...................................

11

11

2

12

9.1%

Properties Pending Sale .......................

17

8

8

15

-11.8%

Properties For Sale ..............................

93

65

64

91

-2.2%

Days on Market (Pending Sale) .............

87

33

109

68

-21.8%

Month’s Supply of Inventory .................

8.5

5.9

32

7.6

-10.3%

Percent Under Contract .......................

18.3%

12.3%

12.5%

16.5%

-9.8%

$1,790,448

$1,695,583

$2,032,833

$1,686,013

-5.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.400

JUN

$2,549,500

JUL AUG

MEDIAN SALES PRICE

SEP

$1,056

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.549 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


NELLE GAIL

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$865,000

$848,000

$1,158,000

$840,000

-2.9%

Average Price per Square Foot ..............

$368

$359

$433

$382

3.8%

Properties Sold ...................................

32

24

10

27

-15.6%

Properties Pending Sale .......................

32

15

28

25

-21.9%

Properties For Sale ..............................

124

76

72

95

-23.4%

Days on Market (Pending Sale) .............

31

60

41

44

41.9%

Month’s Supply of Inventory .................

3.9

3.2

7.2

3.5

-9.2%

Percent Under Contract .......................

25.8%

19.7%

38.9%

26.3%

2.0%

$854,232

$903,917

$860,833

$870,115

1.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$865

JUN

$840,000

JUL AUG

MEDIAN SALES PRICE

SEP

$382

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$840 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


NEWPORT BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$2,400,000

$2,025,000

$2,175,000

$2,358,000

-1.8%

Average Price per Square Foot ..............

$915

$901

$985

$1,167

27.5%

Properties Sold ...................................

71

39

40

60

-15.5%

Properties Pending Sale .......................

71

36

43

72

1.4%

Properties For Sale ..............................

361

288

257

363

0.6%

Days on Market (Pending Sale) .............

88

86

73

58

-34.1%

Month’s Supply of Inventory .................

5.1

7.4

6.4

6

19.0%

Percent Under Contract .......................

19.7%

12.5%

16.7%

19.8%

0.8%

$2,067,333

$2,309,250

$2,168,500

$2,317,538

12.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$2.400

JUN

$2,358,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,167

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.358 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


NEWPORT COAST

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$3,945,000

$2,913,500

$4,000,000

$3,275,000

-17.0%

Average Price per Square Foot ..............

$1,113

$829

$906

$844

-24.2%

Properties Sold ...................................

20

10

13

8

-60.0%

Properties Pending Sale .......................

13

11

11

11

-15.4%

Properties For Sale ..............................

114

90

75

101

-11.4%

Days on Market (Pending Sale) .............

97

56

115

71

-26.8%

Month’s Supply of Inventory .................

5.7

9

5.8

12.6

121.5%

Percent Under Contract .......................

11.4%

12.2%

14.7%

10.9%

-4.5%

$3,175,510

$3,469,333

$3,063,000

$3,744,577

17.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$3.945

JUN

$3,275,000

JUL AUG

MEDIAN SALES PRICE

SEP

$844

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

12.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.275 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


NEWPORT HEIGHTS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$2,703,000

$1,904,500

$2,780,000

$1,755,000

-35.1%

Average Price per Square Foot ..............

$700

$759

$838

$770

10.0%

Properties Sold ...................................

7

8

5

8

14.3%

Properties Pending Sale .......................

4

4

4

8

100.0%

Properties For Sale ..............................

37

40

31

37

0.0%

Days on Market (Pending Sale) .............

135

106

75

13

-90.4%

Month’s Supply of Inventory .................

5.3

5

6.2

4.6

-12.5%

Percent Under Contract .......................

10.8%

10.0%

12.9%

21.6%

100.0%

$2,040,510

$2,400,417

$2,247,500

$2,473,885

21.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $2.703

MAY JUN

$1,755,000

JUL AUG

MEDIAN SALES PRICE

SEP

$770

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.755 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


RANCHO SANTA MARGARITA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$768,500

$735,000

$812,500

$846,000

10.1%

Average Price per Square Foot ..............

$354

$359

$351

$358

1.1%

Properties Sold ...................................

61

40

24

48

-21.3%

Properties Pending Sale .......................

62

32

45

56

-9.7%

Properties For Sale ..............................

152

87

91

137

-9.9%

Days on Market (Pending Sale) .............

31

42

24

34

9.7%

Month’s Supply of Inventory .................

2.5

2.2

3.8

2.9

14.5%

Percent Under Contract .......................

40.8%

36.8%

49.5%

40.9%

0.2%

$730,083

$813,000

$814,000

$788,731

8.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$768

JUN

$846,000

JUL AUG

MEDIAN SALES PRICE

SEP

$358

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$846 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SAN CLEMENTE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$975,000

$965,000

$1,088,500

$1,100,000

12.8%

Average Price per Square Foot ..............

$441

$456

$397

$437

-0.9%

Properties Sold ...................................

82

51

32

79

-3.7%

Properties Pending Sale .......................

61

44

82

82

34.4%

Properties For Sale ..............................

308

229

258

305

-1.0%

Days on Market (Pending Sale) .............

48

80

54

49

2.1%

Month’s Supply of Inventory .................

3.8

4.5

8.1

3.9

2.8%

Percent Under Contract .......................

19.8%

19.2%

31.8%

26.9%

35.7%

$941,589

$1,043,000

$1,053,333

$1,006,359

6.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$975

JUN

$1,100,000

JUL AUG

MEDIAN SALES PRICE

SEP

$437

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.100 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SAN JUAN CAPISTRANO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$979,000

$1,112,500

$1,050,000

$1,311,926

34.0%

Average Price per Square Foot ..............

$395

$443

$390

$425

7.6%

Properties Sold ...................................

42

32

25

34

-19.0%

Properties Pending Sale .......................

39

26

30

37

-5.1%

Properties For Sale ..............................

185

148

125

148

-20.0%

Days on Market (Pending Sale) .............

64

43

66

53

-17.2%

Month’s Supply of Inventory .................

4.4

4.6

5

4.4

-1.2%

Percent Under Contract .......................

21.1%

17.6%

24.0%

25.0%

18.6%

$954,458

$1,107,245

$1,162,309

$1,072,135

12.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$979

JUN

$1,311,926

JUL AUG

MEDIAN SALES PRICE

SEP

$425

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.311 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SEAL BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,124,000

$1,010,000

$1,060,000

$997,000

-11.3%

Average Price per Square Foot ..............

$739

$480

$494

$506

-31.5%

Properties Sold ...................................

14

12

13

17

21.4%

Properties Pending Sale .......................

13

4

6

11

-15.4%

Properties For Sale ..............................

40

30

22

31

-22.5%

Days on Market (Pending Sale) .............

63

79

42

22

-65.1%

Month’s Supply of Inventory .................

2.9

2.5

1.7

1.8

-36.2%

Percent Under Contract .......................

32.5%

13.3%

27.3%

35.5%

9.2%

$998,521

$1,000,083

$1,032,167

$993,381

-0.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.124

MAY JUN

$997,000

JUL AUG

MEDIAN SALES PRICE

SEP

$506

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$997 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SHADY CANYON

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$2,520,000

$2,487,500

$1,928,500

$2,317,444

-8.0%

Average Price per Square Foot ..............

$699

$711

$660

$695

-0.6%

Properties Sold ...................................

20

12

8

16

-20.0%

Properties Pending Sale .......................

9

8

16

13

44.4%

Properties For Sale ..............................

89

65

73

91

2.2%

Days on Market (Pending Sale) .............

63

79

51

34

-46.0%

Month’s Supply of Inventory .................

4.4

5.4

9.1

5.7

27.8%

Percent Under Contract .......................

10.1%

12.3%

21.9%

14.3%

41.3%

$1,963,776

$1,935,157

$2,098,815

$1,941,810

-1.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $2.520

MAY JUN

$2,317,444

JUL AUG

MEDIAN SALES PRICE

SEP

$695

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.317 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


TURTLE RIDGE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$2,152,500

$2,782,500

$2,694,000

$1,650,000

-23.3%

Average Price per Square Foot ..............

$696

$697

$733

$635

-8.8%

Properties Sold ...................................

4

2

2

1

-75.0%

Properties Pending Sale .......................

1

1

5

3

200.0%

Properties For Sale ..............................

23

20

20

22

-4.3%

Days on Market (Pending Sale) .............

291

254

107

24

-91.8%

Month’s Supply of Inventory .................

5.8

10

10

22

282.6%

Percent Under Contract .......................

4.3%

5.0%

25.0%

13.6%

213.6%

$2,134,830

$2,220,722

$2,062,963

$2,297,739

7.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$2.152

JUN

$1,650,000

JUL AUG

MEDIAN SALES PRICE

SEP

$635

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

22 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.650 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


TURTLE ROCK

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$3,216,146

$2,300,000

$1,566,000

$1,800,000

-44.0%

Average Price per Square Foot ..............

$709

$661

$632

$620

-12.6%

Properties Sold ...................................

15

3

6

9

-40.0%

Properties Pending Sale .......................

6

4

9

6

0.0%

Properties For Sale ..............................

52

19

25

33

-36.5%

Days on Market (Pending Sale) .............

32

41

25

9

-71.9%

Month’s Supply of Inventory .................

3.5

6.3

4.2

3.7

5.8%

Percent Under Contract .......................

11.5%

21.1%

36.0%

18.2%

57.6%

$1,858,346

$1,686,833

$1,835,000

$1,812,050

-2.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $3.216

MAY JUN

$1,800,000

JUL AUG

MEDIAN SALES PRICE

SEP

$620

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.800 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WESTMINSTER

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$650,000

$624,000

$690,000

$650,000

0.0%

Average Price per Square Foot ..............

$382

$406

$373

$441

15.4%

Properties Sold ...................................

34

36

29

40

17.6%

Properties Pending Sale .......................

42

30

24

39

-7.1%

Properties For Sale ..............................

96

70

61

98

2.1%

Days on Market (Pending Sale) .............

22

26

22

18

-18.2%

Month’s Supply of Inventory .................

2.8

1.9

2.1

2.4

-13.2%

Percent Under Contract .......................

43.8%

42.9%

39.3%

39.8%

-9.0%

$618,042

$670,908

$676,667

$654,573

5.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$650

JUN

$650,000

JUL AUG

MEDIAN SALES PRICE

SEP

$441

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$650 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WEST BAY - SANTA ANA HEIGHTS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,950,000

$1,500,000

$1,800,000

$1,792,000

-8.1%

Average Price per Square Foot ..............

$673

$571

$982

$745

10.7%

Properties Sold ...................................

13

7

9

9

-30.8%

Properties Pending Sale .......................

13

4

5

15

15.4%

Properties For Sale ..............................

67

45

34

59

-11.9%

Days on Market (Pending Sale) .............

51

47

38

39

-23.5%

Month’s Supply of Inventory .................

5.2

6.4

3.8

6.6

27.2%

Percent Under Contract .......................

19.4%

8.9%

14.7%

25.4%

31.0%

$1,621,771

$1,815,663

$1,726,667

$1,837,902

13.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.950

JUN

$1,792,000

JUL AUG

MEDIAN SALES PRICE

SEP

$745

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.792 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WEST NEWPORT - LIDO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$2,225,000

$3,015,000

$1,645,000

$3,412,500

53.4%

Average Price per Square Foot ..............

$1,043

$1,185

$1,366

$1,588

52.3%

Properties Sold ...................................

14

9

5

10

-28.6%

Properties Pending Sale .......................

9

7

10

12

33.3%

Properties For Sale ..............................

60

45

47

55

-8.3%

Days on Market (Pending Sale) .............

97

113

95

58

-40.2%

Month’s Supply of Inventory .................

4.3

5

9.4

5.5

28.3%

Percent Under Contract .......................

15.0%

15.6%

21.3%

21.8%

45.5%

$2,597,208

$3,414,417

$3,530,500

$3,185,542

22.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$2.225

JUN

$3,412,500

JUL AUG

MEDIAN SALES PRICE

SEP

$1,588

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.412 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018



SANTA BARBARA COUNTY

CARPINTERIA

SANTA BARBARA EAST OF STATE

GOLETA

SANTA BARBARA WEST OF STATE

HOPE RANCH

SANTA YNEZ

MONTECITO

Micro Market Report : May 2018


COUNTY: SANTA BARBARA AREA: 3,789 SQ MILES FOUNDED: 1850

Micro Market Report : May 2018


CARPINTERIA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$873,250

$1,245,000

$1,357,500

$989,000

13.3%

Average Price per Square Foot ..............

$701

$582

$985

$710

1.3%

Properties Sold ...................................

6

8

2

7

16.7%

Properties Pending Sale .......................

13

6

4

8

-38.5%

Properties For Sale ..............................

47

38

22

30

-36.2%

Days on Market (Pending Sale) .............

93

79

56

16

-82.8%

Month’s Supply of Inventory .................

7.8

4.8

11

4.3

-45.3%

Percent Under Contract .......................

27.7%

15.8%

18.2%

26.7%

-3.6%

$1,033,708

$1,093,965

$965,597

$1,107,676

7.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$873

JUN

$989,000

JUL AUG

MEDIAN SALES PRICE

SEP

$710

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$989 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


GOLETA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$797,000

$974,000

$860,000

$939,000

17.8%

Average Price per Square Foot ..............

$521

$496

$496

$499

-4.2%

Properties Sold ...................................

3

6

5

15

400.0%

Properties Pending Sale .......................

15

3

9

15

0.0%

Properties For Sale ..............................

40

25

21

38

-5.0%

Days on Market (Pending Sale) .............

19

68

16

7

-63.2%

Month’s Supply of Inventory .................

13.3

4.2

4.2

2.5

-81.0%

Percent Under Contract .......................

37.5%

12.0%

42.9%

39.5%

5.3%

$835,719

$856,063

$870,458

$861,779

3.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$797

JUN

$939,000

JUL AUG

MEDIAN SALES PRICE

SEP

$499

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$939 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


HOPE RANCH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,930,300

$3,227,500

$3,770,850

$10,000,000

418.1%

Average Price per Square Foot ..............

$1,018

$765

$793

$1,799

76.7%

Properties Sold ...................................

2

2

6

3

50.0%

Properties Pending Sale .......................

6

2

6

1

-83.3%

Properties For Sale ..............................

37

35

28

30

-18.9%

Days on Market (Pending Sale) .............

96

196

92

322

235.4%

Month’s Supply of Inventory .................

18.5

17.5

4.7

10

-45.9%

Percent Under Contract .......................

16.2%

5.7%

21.4%

3.3%

-79.4%

$2,503,422

$4,987,100

$5,751,667

$4,175,338

66.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.930

JUN

$10,000,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,799

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

10 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$10.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MONTECITO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$3,200,000

$2,907,950

$2,357,272

$2,775,000

-13.3%

Average Price per Square Foot ..............

$1,010

$1,028

$1,085

$1,184

17.2%

Properties Sold ...................................

21

14

8

11

-47.6%

Properties Pending Sale .......................

14

19

11

18

28.6%

Properties For Sale ..............................

169

154

125

144

-14.8%

Days on Market (Pending Sale) .............

160

126

83

38

-76.2%

Month’s Supply of Inventory .................

8

11

15.6

13.1

62.7%

Percent Under Contract .......................

8.3%

12.3%

8.8%

12.5%

50.9%

$2,870,042

$3,211,337

$3,933,167

$3,181,133

10.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$3.200

JUN

$2,775,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,184

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

13.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.775 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SANTA BARBARA EAST OF STATE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,110,000

$1,330,000

$1,416,000

$1,475,000

32.9%

Average Price per Square Foot ..............

$703

$735

$744

$756

7.5%

Properties Sold ...................................

31

28

24

23

-25.8%

Properties Pending Sale .......................

39

22

30

41

5.1%

Properties For Sale ..............................

132

110

107

164

24.2%

Days on Market (Pending Sale) .............

51

82

41

42

-17.6%

Month’s Supply of Inventory .................

4.3

3.9

4.5

7.1

67.5%

Percent Under Contract .......................

29.5%

20.0%

28.0%

25.0%

-15.4%

$1,303,629

$1,564,419

$1,451,375

$1,442,886

10.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.110

JUN

$1,475,000

JUL AUG

MEDIAN SALES PRICE

SEP

$756

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.475 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SANTA BARBARA WEST OF STATE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,115,500

$940,000

$1,275,000

$1,085,000

-2.7%

Average Price per Square Foot ..............

$778

$766

$735

$766

-1.5%

Properties Sold ...................................

29

19

15

23

-20.7%

Properties Pending Sale .......................

22

13

17

23

4.5%

Properties For Sale ..............................

79

50

63

93

17.7%

Days on Market (Pending Sale) .............

30

47

21

27

-10.0%

Month’s Supply of Inventory .................

2.7

2.6

4.2

4

48.4%

Percent Under Contract .......................

27.8%

26.0%

27.0%

24.7%

-11.2%

$1,097,700

$1,217,333

$1,258,833

$1,156,385

5.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.115

JUN

$1,085,000

JUL AUG

MEDIAN SALES PRICE

SEP

$766

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.085 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SANTA YNEZ

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,175,000

$735,000

$834,500

$802,750

-31.7%

Average Price per Square Foot ..............

$508

$494

$366

$373

-26.6%

Properties Sold ...................................

15

21

10

18

20.0%

Properties Pending Sale .......................

21

18

16

33

57.1%

Properties For Sale ..............................

153

131

129

158

3.3%

Days on Market (Pending Sale) .............

82

47

112

104

26.8%

Month’s Supply of Inventory .................

10.2

6.2

12.9

8.8

-13.9%

Percent Under Contract .......................

13.7%

13.7%

12.4%

20.9%

52.2%

$848,514

$984,958

$892,583

$906,731

6.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.175

MAY JUN

$802,750

JUL AUG

MEDIAN SALES PRICE

SEP

$373

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

8.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$802 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018



MONTEREY COUNTY

CARMEL

PACIFIC GROVE

CARMEL VALLEY

PEBBLE BEACH

MARINA

SALINAS

MONTEREY

SEASIDE

Micro Market Report : May 2018


COUNTY: MONTEREY AREA: 3,771 SQ MILES FOUNDED: 1850

Micro Market Report : May 2018


CARMEL

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,700,000

$1,515,000

$1,900,000

$1,830,000

7.6%

Average Price per Square Foot ..............

$830

$909

$1,118

$919

10.7%

Properties Sold ...................................

21

33

19

36

71.4%

Properties Pending Sale .......................

28

22

22

29

3.6%

Properties For Sale ..............................

175

154

137

158

-9.7%

Days on Market (Pending Sale) .............

88

106

53

61

-30.7%

Month’s Supply of Inventory .................

8.3

4.7

7.2

4.4

-47.3%

Percent Under Contract .......................

16.0%

14.3%

16.1%

18.4%

14.7%

$1,493,750

$1,790,000

$1,729,167

$1,664,377

11.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.700

JUN

$1,830,000

JUL AUG

MEDIAN SALES PRICE

SEP

$919

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.830 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CARMEL VALLEY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,007,500

$914,500

$1,077,000

$855,000

-15.1%

Average Price per Square Foot ..............

$481

$512

$518

$560

16.4%

Properties Sold ...................................

16

10

5

13

-18.8%

Properties Pending Sale .......................

12

4

8

17

41.7%

Properties For Sale ..............................

70

63

61

73

4.3%

Days on Market (Pending Sale) .............

37

134

101

97

162.2%

Month’s Supply of Inventory .................

4.4

6.3

12.2

5.6

28.4%

Percent Under Contract .......................

17.1%

6.3%

13.1%

23.3%

35.8%

$1,136,208

$1,125,688

$1,200,708

$1,051,429

-7.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.007

JUN

$855,000

JUL AUG

MEDIAN SALES PRICE

SEP

$560

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$855 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MARINA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$541,000

$580,000

$590,000

$610,000

12.8%

Average Price per Square Foot ..............

$337

$344

$364

$344

2.1%

Properties Sold ...................................

12

11

9

16

33.3%

Properties Pending Sale .......................

16

17

20

25

56.2%

Properties For Sale ..............................

43

47

41

51

18.6%

Days on Market (Pending Sale) .............

43

55

60

49

14.0%

Month’s Supply of Inventory .................

3.6

4.3

4.6

3.2

-11.0%

Percent Under Contract .......................

37.2%

36.2%

48.8%

49.0%

31.7%

$507,413

$573,750

$589,333

$566,692

11.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$541

JUN

$610,000

JUL AUG

MEDIAN SALES PRICE

SEP

$344

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$610 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MONTEREY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$800,000

$871,500

$879,000

$895,000

11.9%

Average Price per Square Foot ..............

$470

$493

$479

$529

12.6%

Properties Sold ...................................

28

20

15

20

-28.6%

Properties Pending Sale .......................

18

19

26

25

38.9%

Properties For Sale ..............................

89

99

88

102

14.6%

Days on Market (Pending Sale) .............

40

71

81

53

32.5%

Month’s Supply of Inventory .................

3.2

5

5.9

5.1

60.4%

Percent Under Contract .......................

20.2%

19.2%

29.5%

24.5%

21.2%

$764,217

$872,656

$880,833

$836,841

9.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$800

JUN

$895,000

JUL AUG

MEDIAN SALES PRICE

SEP

$529

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$895 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


PACIFIC GROVE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$885,000

$1,147,500

$949,000

$867,500

-2.0%

Average Price per Square Foot ..............

$691

$633

$608

$675

-2.3%

Properties Sold ...................................

16

8

11

18

12.5%

Properties Pending Sale .......................

18

11

15

18

0.0%

Properties For Sale ..............................

54

46

50

46

-14.8%

Days on Market (Pending Sale) .............

47

53

28

66

40.4%

Month’s Supply of Inventory .................

3.4

5.8

4.5

2.6

-24.3%

Percent Under Contract .......................

33.3%

23.9%

30.0%

39.1%

17.4%

$920,792

$912,500

$905,333

$920,038

-0.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$885

JUN

$867,500

JUL AUG

MEDIAN SALES PRICE

SEP

$675

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$867 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


PEBBLE BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,755,000

$1,537,500

$1,287,500

$1,597,500

-9.0%

Average Price per Square Foot ..............

$590

$912

$790

$802

35.9%

Properties Sold ...................................

12

8

10

12

0.0%

Properties Pending Sale .......................

16

14

11

15

-6.2%

Properties For Sale ..............................

101

95

80

78

-22.8%

Days on Market (Pending Sale) .............

82

70

79

109

32.9%

Month’s Supply of Inventory .................

8.4

11.9

8

6.5

-22.8%

Percent Under Contract .......................

15.8%

14.7%

13.8%

19.2%

21.4%

$1,723,667

$1,717,167

$1,547,500

$1,774,034

2.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.755

JUN

$1,597,500

JUL AUG

MEDIAN SALES PRICE

SEP

$802

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.597 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SALINAS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$525,000

$466,500

$451,250

$535,000

1.9%

Average Price per Square Foot ..............

$296

$324

$283

$333

12.5%

Properties Sold ...................................

49

50

34

59

20.4%

Properties Pending Sale .......................

71

62

42

73

2.8%

Properties For Sale ..............................

196

175

121

170

-13.3%

Days on Market (Pending Sale) .............

51

41

39

29

-43.1%

Month’s Supply of Inventory .................

4

3.5

3.6

2.9

-28.0%

Percent Under Contract .......................

36.2%

35.4%

34.7%

42.9%

18.5%

$473,208

$500,167

$519,417

$497,079

5.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $525

MAY JUN

$535,000

JUL AUG

MEDIAN SALES PRICE

SEP

$333

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$535 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SEASIDE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$482,500

$482,500

$735,000

$556,500

15.3%

Average Price per Square Foot ..............

$339

$408

$422

$369

8.8%

Properties Sold ...................................

22

16

9

17

-22.7%

Properties Pending Sale .......................

25

15

22

22

-12.0%

Properties For Sale ..............................

56

51

44

41

-26.8%

Days on Market (Pending Sale) .............

39

50

45

29

-25.6%

Month’s Supply of Inventory .................

2.5

3.2

4.9

2.4

-5.3%

Percent Under Contract .......................

44.6%

29.4%

50.0%

53.7%

20.2%

$475,042

$564,800

$523,233

$535,027

12.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$482

JUN

$556,500

JUL AUG

MEDIAN SALES PRICE

SEP

$369

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$556 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SAN DIEGO COUNTY

SAN DIEGO MACRO

LA MESA

CARLSBAD

LEMON GROVE

CARMEL VALLEY

NATIONAL CITY

CHULA VISTA

OCEANSIDE

CORONADO

POWAY

DEL MAR

RANCHO BERNARDO

EL CAJON

SAN MARCOS

ENCINITAS

SANTEE

ESCONDIDO

SOLANA BEACH

IMPERIAL BEACH

VISTA

LA JOLLA

Micro Market Report : May 2018


COUNTY: SAN DIEGO AREA: 4,526 SQ MILES FOUNDED: 1850

Micro Market Report : May 2018


SAN DIEGO COUNTY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$612,950

$625,000

$612,000

$650,000

6.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

2299

1752

1361

2036

-11.4%

Properties Pending Sale .......................

2645

1746

1811

2542

-3.9%

Properties For Sale ..............................

7,357

5,992

5,565

7,506

2.0%

Days on Market (Pending Sale) .............

33

40

34

33

0.0%

Month’s Supply of Inventory .................

3.2

3.4

4.1

3.7

15.2%

Percent Under Contract .......................

36.0%

29.1%

32.5%

33.9%

-5.8%

$573,748

$623,667

$641,667

$619,112

7.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $612

MAY JUN

$650,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$650 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BAY PARK/OLD TOWN/MIDWAY DISTRICT

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$820,000

$982,000

$860,000

$860,250

4.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

5

7

13

10

100.0%

Properties Pending Sale .......................

16

15

12

6

-62.5%

Properties For Sale ..............................

31

39

28

31

0.0%

Days on Market (Pending Sale) .............

50

21

19

26

-48.0%

Month’s Supply of Inventory .................

6.2

5.6

2.2

3.1

-50.0%

Percent Under Contract .......................

51.6%

38.5%

42.9%

19.4%

-62.5%

$763,946

$845,085

$861,917

$843,782

9.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$820

JUN

$860,250

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$860 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CARLSBAD

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$960,000

$928,888

$983,000

$975,000

1.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

123

81

54

78

-36.6%

Properties Pending Sale .......................

136

78

72

135

-0.7%

Properties For Sale ..............................

332

212

226

362

9.0%

Days on Market (Pending Sale) .............

30

38

34

29

-3.3%

Month’s Supply of Inventory .................

2.7

2.6

4.2

4.6

71.9%

Percent Under Contract .......................

41.0%

36.8%

31.9%

37.3%

-9.0%

$893,083

$963,833

$981,667

$955,442

6.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $960

MAY JUN

$975,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$975 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CARMEL VALLEY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,222,500

$640,000

$1,232,000

$1,340,000

9.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

60

32

16

58

-3.3%

Properties Pending Sale .......................

58

30

45

57

-1.7%

Properties For Sale ..............................

166

80

116

162

-2.4%

Days on Market (Pending Sale) .............

26

22

47

24

-7.7%

Month’s Supply of Inventory .................

2.8

2.5

7.2

2.8

1.0%

Percent Under Contract .......................

34.9%

37.5%

38.8%

35.2%

0.7%

$1,189,917

$1,287,000

$1,350,000

$1,207,915

1.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.222

JUN

$1,340,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.340 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CHULA VISTA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$539,900

$585,000

$573,500

$577,000

6.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

151

108

94

125

-17.2%

Properties Pending Sale .......................

181

119

126

193

6.6%

Properties For Sale ..............................

425

342

340

451

6.1%

Days on Market (Pending Sale) .............

32

42

51

30

-6.2%

Month’s Supply of Inventory .................

2.8

3.2

3.6

3.6

28.2%

Percent Under Contract .......................

42.6%

34.8%

37.1%

42.8%

0.5%

$517,765

$563,250

$562,000

$560,281

7.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $539

MAY JUN

$577,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$577 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CLAIREMONT/BAY HO/BAY PARK

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$677,500

$640,000

$757,500

$710,000

4.8%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

37

32

24

43

16.2%

Properties Pending Sale .......................

46

30

36

36

-21.7%

Properties For Sale ..............................

84

80

66

75

-10.7%

Days on Market (Pending Sale) .............

17

22

15

19

11.8%

Month’s Supply of Inventory .................

2.3

2.5

2.8

1.7

-23.2%

Percent Under Contract .......................

54.8%

37.5%

54.5%

48.0%

-12.3%

$611,225

$704,241

$704,667

$675,284

9.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$677

JUN

$710,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$710 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CORONADO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,650,000

$2,039,500

$1,997,500

$1,835,000

11.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

17

16

12

21

23.5%

Properties Pending Sale .......................

10

18

10

14

40.0%

Properties For Sale ..............................

116

88

92

109

-6.0%

Days on Market (Pending Sale) .............

91

146

60

56

-38.5%

Month’s Supply of Inventory .................

6.8

5.5

7.7

5.2

-23.9%

Percent Under Contract .......................

8.6%

20.5%

10.9%

12.8%

49.0%

$1,726,708

$2,358,542

$2,272,083

$2,125,058

18.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.650

JUN

$1,835,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.835 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


DEL MAR

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$2,025,000

$1,677,500

$1,987,500

$2,072,500

2.3%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

13

14

12

16

23.1%

Properties Pending Sale .......................

20

18

14

17

-15.0%

Properties For Sale ..............................

101

114

83

98

-3.0%

Days on Market (Pending Sale) .............

43

62

39

66

53.5%

Month’s Supply of Inventory .................

7.8

8.1

6.9

6.1

-21.2%

Percent Under Contract .......................

19.8%

15.8%

16.9%

17.3%

-12.4%

$1,797,958

$2,058,750

$2,082,500

$1,988,125

9.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$2.025

JUN

$2,072,500

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.072 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


EL CAJON

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$527,500

$519,950

$502,500

$562,500

6.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

102

102

80

89

-12.7%

Properties Pending Sale .......................

140

81

77

154

10.0%

Properties For Sale ..............................

318

281

265

377

18.6%

Days on Market (Pending Sale) .............

28

34

26

29

3.6%

Month’s Supply of Inventory .................

3.1

2.8

3.3

4.2

35.9%

Percent Under Contract .......................

44.0%

28.8%

29.1%

40.8%

-7.2%

$493,089

$521,083

$534,000

$519,708

5.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $527

MAY JUN

$562,500

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$562 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


ENCINITAS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,100,000

$1,389,500

$1,236,000

$1,299,000

18.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

55

28

32

45

-18.2%

Properties Pending Sale .......................

59

35

31

52

-11.9%

Properties For Sale ..............................

177

112

94

157

-11.3%

Days on Market (Pending Sale) .............

45

41

17

40

-11.1%

Month’s Supply of Inventory .................

3.2

4

2.9

3.5

8.4%

Percent Under Contract .......................

33.3%

31.2%

33.0%

33.1%

-0.6%

$1,193,098

$1,342,500

$1,509,667

$1,291,308

7.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.100

JUN

$1,299,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.299 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


ESCONDIDO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$560,000

$547,500

$562,500

$575,000

2.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

152

108

88

147

-3.3%

Properties Pending Sale .......................

185

123

124

156

-15.7%

Properties For Sale ..............................

526

418

367

507

-3.6%

Days on Market (Pending Sale) .............

36

36

27

35

-2.8%

Month’s Supply of Inventory .................

3.5

3.9

4.2

3.4

-0.3%

Percent Under Contract .......................

35.2%

29.4%

33.8%

30.8%

-12.5%

$515,750

$550,900

$558,633

$541,877

4.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $560

MAY JUN

$575,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$575 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


IMPERIAL-BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$607,918

$595,000

$590,000

$605,000

-0.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

8

13

5

15

87.5%

Properties Pending Sale .......................

7

14

12

18

157.1%

Properties For Sale ..............................

31

50

52

49

58.1%

Days on Market (Pending Sale) .............

35

42

67

30

-14.3%

Month’s Supply of Inventory .................

3.9

3.8

10.4

3.3

-15.7%

Percent Under Contract .......................

22.6%

28.0%

23.1%

36.7%

62.7%

$540,322

$583,750

$600,000

$583,686

7.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $607

MAY JUN

$605,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$605 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LA JOLLA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$2,455,000

$2,240,000

$2,019,000

$1,888,500

-23.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

31

23

15

32

3.2%

Properties Pending Sale .......................

37

25

35

42

13.5%

Properties For Sale ..............................

253

211

202

241

-4.7%

Days on Market (Pending Sale) .............

53

91

62

60

13.2%

Month’s Supply of Inventory .................

8.2

9.2

13.5

7.5

-7.7%

Percent Under Contract .......................

14.6%

11.8%

17.3%

17.4%

19.2%

$1,971,750

$2,287,750

$2,188,667

$2,261,173

12.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $2.455

MAY JUN

$1,888,500

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.888 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LA MESA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$577,000

$600,000

$582,000

$570,000

-1.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

72

57

45

65

-9.7%

Properties Pending Sale .......................

68

52

53

71

4.4%

Properties For Sale ..............................

171

170

151

198

15.8%

Days on Market (Pending Sale) .............

27

31

31

29

7.4%

Month’s Supply of Inventory .................

2.5

3.3

2.8

3

21.1%

Percent Under Contract .......................

39.8%

30.6%

35.1%

35.9%

-9.8%

$534,500

$587,833

$583,333

$581,222

8.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $577

MAY JUN

$570,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$570 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LINDA VISTA/CLAIREMONT MESA EAST

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$579,000

$579,000

$640,000

$640,750

10.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

24

17

15

24

0.0%

Properties Pending Sale .......................

26

15

12

22

-15.4%

Properties For Sale ..............................

45

39

25

44

-2.2%

Days on Market (Pending Sale) .............

15

21

16

14

-6.7%

Month’s Supply of Inventory .................

1.7

2.6

2.1

1.8

5.9%

Percent Under Contract .......................

57.8%

38.5%

48.0%

50.0%

-13.5%

$556,458

$638,292

$637,417

$620,569

10.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$579

JUN

$640,750

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$640 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LEMON GROVE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$419,000

$443,000

$455,000

$465,000

11.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

21

16

21

28

33.3%

Properties Pending Sale .......................

22

16

13

23

4.5%

Properties For Sale ..............................

42

48

37

45

7.1%

Days on Market (Pending Sale) .............

14

32

14

22

57.1%

Month’s Supply of Inventory .................

1.9

3

2.8

1.6

-15.8%

Percent Under Contract .......................

52.4%

33.3%

35.1%

51.1%

-2.4%

$424,396

$460,000

$473,333

$449,308

5.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$419

JUN

$465,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$465 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


NATIONAL CITY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$400,000

$434,950

$435,000

$445,500

11.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

15

16

15

16

6.7%

Properties Pending Sale .......................

14

16

16

8

-42.9%

Properties For Sale ..............................

46

48

42

31

-32.6%

Days on Market (Pending Sale) .............

19

32

54

29

52.6%

Month’s Supply of Inventory .................

3.3

3

2.6

1.9

-41.0%

Percent Under Contract .......................

30.4%

33.3%

38.1%

25.8%

-15.2%

$384,938

$432,333

$420,167

$424,612

9.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$400

JUN

$445,500

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$445 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


OCEANSIDE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$550,000

$575,000

$540,000

$599,000

8.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

145

81

82

124

-14.5%

Properties Pending Sale .......................

162

107

115

143

-11.7%

Properties For Sale ..............................

348

272

265

370

6.3%

Days on Market (Pending Sale) .............

23

34

25

32

39.1%

Month’s Supply of Inventory .................

2.4

3.4

3.2

3

24.3%

Percent Under Contract .......................

46.6%

39.3%

43.4%

38.6%

-17.0%

$1,055,000

$562,563

$577,333

$559,398

-88.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$550

JUN

$599,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$599 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


POWAY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$765,000

$699,000

$775,000

$816,500

6.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

59

53

29

45

-23.7%

Properties Pending Sale .......................

52

37

39

60

15.4%

Properties For Sale ..............................

176

120

104

168

-4.5%

Days on Market (Pending Sale) .............

21

39

25

30

42.9%

Month’s Supply of Inventory .................

3

2.3

3.6

3.7

25.2%

Percent Under Contract .......................

29.5%

30.8%

37.5%

35.7%

20.9%

$702,817

$785,750

$795,500

$759,035

7.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $765

MAY JUN

$816,500

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$816 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


RANCHO BERNARDO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$885,250

$805,000

$830,000

$890,000

0.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

114

63

53

93

-18.4%

Properties Pending Sale .......................

131

60

78

113

-13.7%

Properties For Sale ..............................

338

208

229

337

-0.3%

Days on Market (Pending Sale) .............

25

32

20

35

40.0%

Month’s Supply of Inventory .................

4.2

4.3

5

3.6

-14.3%

Percent Under Contract .......................

38.8%

28.8%

34.1%

33.5%

-13.5%

$771,153

$844,683

$845,667

$854,839

9.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $885

MAY JUN

$890,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$890 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SAN MARCOS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$626,500

$656,000

$540,000

$695,000

10.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

84

76

82

61

-27.4%

Properties Pending Sale .......................

92

61

116

94

2.2%

Properties For Sale ..............................

190

156

263

236

24.2%

Days on Market (Pending Sale) .............

17

28

24

22

29.4%

Month’s Supply of Inventory .................

2.3

2.1

3.2

3.9

71.0%

Percent Under Contract .......................

48.4%

39.1%

44.1%

39.8%

-17.7%

$583,875

$647,667

$687,333

$645,077

9.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$626

JUN

$695,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$695 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SAN DIEGO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$631,500

$640,000

$688,000

$692,500

9.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

66

56

52

77

16.7%

Properties Pending Sale .......................

88

54

60

64

-27.3%

Properties For Sale ..............................

160

143

119

150

-6.2%

Days on Market (Pending Sale) .............

23

24

16

18

-21.7%

Month’s Supply of Inventory .................

2.4

2.6

2.3

1.9

-19.6%

Percent Under Contract .......................

55.0%

37.8%

50.4%

42.7%

-22.4%

$599,263

$684,250

$688,500

$662,773

9.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$631

JUN

$692,500

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$692 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SANTEE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$497,500

$517,000

$547,000

$557,000

12.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

44

33

26

76

72.7%

Properties Pending Sale .......................

41

36

35

54

31.7%

Properties For Sale ..............................

87

76

89

131

50.6%

Days on Market (Pending Sale) .............

25

29

25

19

-24.0%

Month’s Supply of Inventory .................

2

2.3

3.4

1.7

-12.8%

Percent Under Contract .......................

47.1%

47.4%

39.3%

41.2%

-12.5%

$480,033

$537,667

$540,667

$525,458

8.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$497

JUN

$557,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$557 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SOLANA BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,850,000

$1,675,000

$1,345,000

$1,910,000

3.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

12

1

8

7

-41.7%

Properties Pending Sale .......................

13

4

8

10

-23.1%

Properties For Sale ..............................

37

23

22

33

-10.8%

Days on Market (Pending Sale) .............

37

52

47

60

62.2%

Month’s Supply of Inventory .................

3.1

23

2.8

4.7

52.9%

Percent Under Contract .......................

35.1%

17.4%

36.4%

30.3%

-13.8%

$1,600,250

$1,601,083

$1,687,167

$1,608,904

0.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.850

JUN

$1,910,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.910 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SPRING VALLEY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$447,500

$485,000

$477,500

$475,000

6.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

52

38

36

43

-17.3%

Properties Pending Sale .......................

65

42

46

69

6.2%

Properties For Sale ..............................

133

121

122

149

12.0%

Days on Market (Pending Sale) .............

31

29

26

33

6.5%

Month’s Supply of Inventory .................

2.6

3.2

3.4

3.5

35.5%

Percent Under Contract .......................

48.9%

34.7%

37.7%

46.3%

-5.2%

$436,413

$488,500

$498,333

$472,788

7.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$447

JUN

$475,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$475 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


VISTA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$531,500

$567,500

$552,500

$550,000

3.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

90

64

56

79

-12.2%

Properties Pending Sale .......................

100

67

71

83

-17.0%

Properties For Sale ..............................

257

222

179

282

9.7%

Days on Market (Pending Sale) .............

28

37

42

21

-25.0%

Month’s Supply of Inventory .................

2.9

3.5

3.2

3.6

25.0%

Percent Under Contract .......................

38.9%

30.2%

39.7%

29.4%

-24.4%

$499,021

$552,750

$551,333

$546,100

8.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $531

MAY JUN

$550,000

JUL AUG

MEDIAN SALES PRICE

SEP

N/A

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$550 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


RIVERSIDE COUNTY

BERMUDA DUNES

LA QUINTA

CATHEDRAL CITY

PALM DESERT

COACHELLA

PALM SPRINGS

DESERT HOT SPRINGS

RANCHO MIRAGE

INDIAN WELLS

THOUSAND PALMS

INDIO

Micro Market Report : May 2018


COUNTY: RIVERSIDE AREA: 7,303 SQ MILES FOUNDED: 1893

Micro Market Report : May 2018


BERMUDA DUNES

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$301,250

$0

$0

$400,000

32.8%

Average Price per Square Foot ..............

$142

$0

$0

$143

0.7%

Properties Sold ...................................

4

0

0

1

-75.0%

Properties Pending Sale .......................

0

2

3

1

n/a

Properties For Sale ..............................

10

15

11

8

-20.0%

Days on Market (Pending Sale) .............

0

156

122

51

n/a

Month’s Supply of Inventory .................

2.5

n/a

n/a

8

220.0%

Percent Under Contract .......................

0.0%

13.3%

27.3%

12.5%

n/a

$315,333

$493,582

$443,333

$425,106

25.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$301

JUN

$400,000

JUL AUG

MEDIAN SALES PRICE

SEP

$143

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CATHEDRAL CITY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$283,000

$295,000

$345,000

$300,000

6.0%

Average Price per Square Foot ..............

$170

$182

$199

$183

7.6%

Properties Sold ...................................

26

23

17

25

-3.8%

Properties Pending Sale .......................

26

24

26

30

15.4%

Properties For Sale ..............................

126

113

108

105

-16.7%

Days on Market (Pending Sale) .............

48

52

49

39

-18.8%

Month’s Supply of Inventory .................

4.8

4.9

6.4

4.2

-13.3%

Percent Under Contract .......................

20.6%

21.2%

24.1%

28.6%

38.5%

$279,575

$316,750

$306,500

$309,265

9.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$283

JUN

$300,000

JUL AUG

MEDIAN SALES PRICE

SEP

$183

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$300 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


COACHELLA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$245,500

$262,950

$260,500

$245,000

-0.2%

Average Price per Square Foot ..............

$126

$141

$123

$184

46.0%

Properties Sold ...................................

2

4

4

3

50.0%

Properties Pending Sale .......................

4

4

4

4

0.0%

Properties For Sale ..............................

15

18

13

14

-6.7%

Days on Market (Pending Sale) .............

28

36

86

9

-67.9%

Month’s Supply of Inventory .................

7.5

4.5

3.2

4.7

-37.8%

Percent Under Contract .......................

26.7%

22.2%

30.8%

28.6%

7.1%

$209,833

$257,833

$249,833

$248,912

15.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$245

JUN

$245,000

JUL AUG

MEDIAN SALES PRICE

SEP

$184

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$245 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


DESERT HOT SPRINGS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$190,000

$227,500

$215,000

$217,450

14.4%

Average Price per Square Foot ..............

$120

$147

$142

$133

10.8%

Properties Sold ...................................

28

24

21

26

-7.1%

Properties Pending Sale .......................

29

27

38

37

27.6%

Properties For Sale ..............................

160

174

161

156

-2.5%

Days on Market (Pending Sale) .............

84

62

63

63

-25.0%

Month’s Supply of Inventory .................

5.7

7.2

7.7

6

5.0%

Percent Under Contract .......................

18.1%

15.5%

23.6%

23.7%

30.9%

$181,999

$218,492

$214,983

$211,585

14.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$190

JUN

$217,450

JUL AUG

MEDIAN SALES PRICE

SEP

$133

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$217 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


INDIAN WELLS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$535,000

$625,000

$470,000

$644,000

20.4%

Average Price per Square Foot ..............

$248

$253

$260

$240

-3.2%

Properties Sold ...................................

5

3

1

2

-60.0%

Properties Pending Sale .......................

0

2

0

1

n/a

Properties For Sale ..............................

14

18

14

15

7.1%

Days on Market (Pending Sale) .............

0

30

0

9

n/a

Month’s Supply of Inventory .................

2.8

6

14

7.5

167.9%

Percent Under Contract .......................

0.0%

11.1%

0.0%

6.7%

n/a

$596,396

$678,500

$527,000

$811,500

26.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$535

JUN

$644,000

JUL AUG

MEDIAN SALES PRICE

SEP

$240

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$644 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


INDIO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$267,500

$245,250

$289,000

$319,290

19.4%

Average Price per Square Foot ..............

$142

$142

$161

$173

21.8%

Properties Sold ...................................

14

8

15

23

64.3%

Properties Pending Sale .......................

20

10

22

29

45.0%

Properties For Sale ..............................

97

98

91

95

-2.1%

Days on Market (Pending Sale) .............

102

84

44

80

-21.6%

Month’s Supply of Inventory .................

6.9

12.2

6.1

4.1

-40.4%

Percent Under Contract .......................

20.6%

10.2%

24.2%

30.5%

48.1%

$291,454

$294,840

$302,513

$287,099

-1.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$267

JUN

$319,290

JUL AUG

MEDIAN SALES PRICE

SEP

$173

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$319 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


LA QUINTA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$360,000

$339,750

$374,900

$331,450

-7.9%

Average Price per Square Foot ..............

$211

$166

$184

$202

-4.3%

Properties Sold ...................................

13

10

3

14

7.7%

Properties Pending Sale .......................

18

11

14

10

-44.4%

Properties For Sale ..............................

103

67

78

84

-18.4%

Days on Market (Pending Sale) .............

68

74

40

77

13.2%

Month’s Supply of Inventory .................

7.9

6.7

26

6

-24.3%

Percent Under Contract .......................

17.5%

16.4%

17.9%

11.9%

-31.9%

$350,181

$365,392

$361,483

$363,469

3.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$360

JUN

$331,450

JUL AUG

MEDIAN SALES PRICE

SEP

$202

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$331 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


PALM DESERT

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$331,000

$373,500

$340,000

$354,000

6.9%

Average Price per Square Foot ..............

$186

$198

$187

$206

10.8%

Properties Sold ...................................

14

16

16

12

-14.3%

Properties Pending Sale .......................

17

11

23

25

47.1%

Properties For Sale ..............................

100

95

130

112

12.0%

Days on Market (Pending Sale) .............

54

41

45

76

40.7%

Month’s Supply of Inventory .................

7.1

5.9

8.1

9.3

30.7%

Percent Under Contract .......................

17.0%

11.6%

17.7%

22.3%

31.3%

$348,176

$394,650

$363,000

$370,108

5.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$331

JUN

$354,000

JUL AUG

MEDIAN SALES PRICE

SEP

$206

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

9.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$354 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


PALM SPRINGS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$600,000

$626,500

$621,000

$655,000

9.2%

Average Price per Square Foot ..............

$335

$338

$329

$352

5.1%

Properties Sold ...................................

81

59

54

92

13.6%

Properties Pending Sale .......................

100

64

75

79

-21.0%

Properties For Sale ..............................

456

406

451

431

-5.5%

Days on Market (Pending Sale) .............

80

65

56

60

-25.0%

Month’s Supply of Inventory .................

5.6

6.9

8.4

4.7

-16.8%

Percent Under Contract .......................

21.9%

15.8%

16.6%

18.3%

-16.4%

$587,163

$652,567

$671,667

$629,512

6.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$600

JUN

$655,000

JUL AUG

MEDIAN SALES PRICE

SEP

$352

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$655 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


RANCHO MIRAGE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$600,000

$667,500

$665,000

$618,500

3.1%

Average Price per Square Foot ..............

$335

$289

$256

$269

-19.7%

Properties Sold ...................................

81

14

16

25

-69.1%

Properties Pending Sale .......................

100

16

29

20

-80.0%

Properties For Sale ..............................

456

135

146

129

-71.7%

Days on Market (Pending Sale) .............

80

58

82

151

88.8%

Month’s Supply of Inventory .................

5.6

9.6

9.1

5.2

-8.3%

Percent Under Contract .......................

21.9%

11.9%

19.9%

15.5%

-29.3%

$523,625

$608,958

$602,000

$587,519

10.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$600

JUN

$618,500

JUL AUG

MEDIAN SALES PRICE

SEP

$269

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$618 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


THOUSAND PALMS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$190,000

$0

$225,999

$290,000

52.6%

Average Price per Square Foot ..............

$152

$0

$189

$167

9.9%

Properties Sold ...................................

1

0

1

3

200.0%

Properties Pending Sale .......................

0

1

0

6

n/a

Properties For Sale ..............................

14

12

7

16

14.3%

Days on Market (Pending Sale) .............

0

161

0

29

n/a

Month’s Supply of Inventory .................

n/a

12

n/a

5.3

n/a

Percent Under Contract .......................

0.0%

8.3%

0.0%

37.5%

n/a

$111,199

$343,208

$254,417

$273,189

59.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$190

JUN

$290,000

JUL AUG

MEDIAN SALES PRICE

SEP

$167

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$290 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018



CONDOMINIUMS

BEVERLY CENTER - MIRACLE MILE

SANTA MONICA

BEVERLY HILLS

SHERMAN OAKS

BRENTWOOD

STUDIO CITY

CULVER CITY

VENICE

ENCINO

WEST HOLLYWOOD

MALIBU

WEST LA

MARINA DEL REY

WESTWOOD - CENTURY CITY

Micro Market Report : May 2018


COUNTY: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : May 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$865,000

$935,000

$557,000

$806,000

-6.8%

Average Price per Square Foot ..............

$591

$633

$684

$568

-3.9%

Properties Sold ...................................

10

9

6

8

-20.0%

Properties Pending Sale .......................

11

6

5

7

-36.4%

Properties For Sale ..............................

28

17

19

18

-35.7%

Days on Market (Pending Sale) .............

30

32

16

19

-36.7%

Month’s Supply of Inventory .................

2.8

1.9

3.2

2.2

-19.6%

Percent Under Contract .......................

39.3%

35.3%

26.3%

38.9%

-1.0%

$753,833

$741,167

$877,000

$759,270

0.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$865

JUN

$806,000

JUL AUG

MEDIAN SALES PRICE

SEP

$568

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$806 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BEVERLY HILLS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,737,500

$1,147,000

$1,347,500

$1,160,063

-33.2%

Average Price per Square Foot ..............

$951

$792

$725

$743

-21.9%

Properties Sold ...................................

10

10

8

16

60.0%

Properties Pending Sale .......................

8

10

5

11

37.5%

Properties For Sale ..............................

59

47

39

45

-23.7%

Days on Market (Pending Sale) .............

46

40

57

20

-56.5%

Month’s Supply of Inventory .................

5.9

4.7

4.9

2.8

-52.3%

Percent Under Contract .......................

13.6%

21.3%

12.8%

24.4%

80.3%

$1,292,199

$1,261,585

$1,223,854

$1,263,347

-2.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.737

MAY JUN

$1,160,063

JUL AUG

MEDIAN SALES PRICE

SEP

$743

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.160 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


BRENTWOOD

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$995,000

$747,500

$932,000

$942,500

-5.3%

Average Price per Square Foot ..............

$671

$660

$652

$653

-2.7%

Properties Sold ...................................

21

14

8

12

-42.9%

Properties Pending Sale .......................

18

13

11

16

-11.1%

Properties For Sale ..............................

56

42

45

60

7.1%

Days on Market (Pending Sale) .............

29

54

27

32

10.3%

Month’s Supply of Inventory .................

2.7

3

5.6

5

87.5%

Percent Under Contract .......................

32.1%

31.0%

24.4%

26.7%

-17.0%

$846,421

$930,000

$936,167

$920,692

8.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $995

MAY JUN

$942,500

JUL AUG

MEDIAN SALES PRICE

SEP

$653

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$942 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


CULVER CITY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$507,500

$535,000

$580,500

$590,000

16.3%

Average Price per Square Foot ..............

$523

$532

$532

$646

23.5%

Properties Sold ...................................

22

11

6

14

-36.4%

Properties Pending Sale .......................

12

15

14

10

-16.7%

Properties For Sale ..............................

23

35

26

25

8.7%

Days on Market (Pending Sale) .............

29

39

13

32

10.3%

Month’s Supply of Inventory .................

1

3.2

4.3

1.8

70.8%

Percent Under Contract .......................

52.2%

42.9%

53.8%

40.0%

-23.3%

$487,631

$555,458

$578,917

$544,250

11.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$507

JUN

$590,000

JUL AUG

MEDIAN SALES PRICE

SEP

$646

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$590 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


DOWNTOWN

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$600,000

$600,000

$633,750

$669,000

11.5%

Average Price per Square Foot ..............

$659

$662

$753

$692

5.0%

Properties Sold ...................................

46

29

28

32

-30.4%

Properties Pending Sale .......................

38

33

38

40

5.3%

Properties For Sale ..............................

219

191

182

188

-14.2%

Days on Market (Pending Sale) .............

49

48

32

38

-22.4%

Month’s Supply of Inventory .................

4.8

6.6

6.5

5.9

23.4%

Percent Under Contract .......................

17.4%

17.3%

20.9%

21.3%

22.6%

$583,667

$627,958

$617,667

$632,577

8.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$600

JUN

$669,000

JUL AUG

MEDIAN SALES PRICE

SEP

$692

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$669 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


ENCINO

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$378,000

$260,000

$565,000

$369,000

-2.4%

Average Price per Square Foot ..............

$320

$349

$405

$382

19.4%

Properties Sold ...................................

16

11

11

24

50.0%

Properties Pending Sale .......................

21

21

18

17

-19.0%

Properties For Sale ..............................

30

15

19

25

-16.7%

Days on Market (Pending Sale) .............

62

53

41

41

-33.9%

Month’s Supply of Inventory .................

1.9

1.4

1.7

1

-44.4%

Percent Under Contract .......................

70.0%

140.0%

94.7%

68.0%

-2.9%

$362,167

$429,333

$398,333

$388,923

7.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$378

JUN

$369,000

JUL AUG

MEDIAN SALES PRICE

SEP

$382

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$369 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MALIBU

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$877,500

$1,005,000

$725,000

$635,000

-27.6%

Average Price per Square Foot ..............

$533

$658

$720

$601

12.8%

Properties Sold ...................................

2

3

2

1

-50.0%

Properties Pending Sale .......................

3

2

2

0

-100.0%

Properties For Sale ..............................

24

21

15

24

0.0%

Days on Market (Pending Sale) .............

0

164

48

0

n/a

Month’s Supply of Inventory .................

12

7

7.5

n/a

n/a

Percent Under Contract .......................

12.5%

9.5%

13.3%

0.0%

-100.0%

$880,646

$986,500

$917,500

$929,500

5.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $877

MAY JUN

$635,000

JUL AUG

MEDIAN SALES PRICE

SEP

$601

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

N/A MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$635 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MALIBU BEACH

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$718,500

$730,000

$785,000

$1,110,000

54.5%

Average Price per Square Foot ..............

$621

$734

$789

$1,322

112.9%

Properties Sold ...................................

2

1

1

2

0.0%

Properties Pending Sale .......................

2

1

0

1

-50.0%

Properties For Sale ..............................

11

10

13

16

45.5%

Days on Market (Pending Sale) .............

277

144

0

159

-42.6%

Month’s Supply of Inventory .................

5.5

10

13

0.1

-98.2%

Percent Under Contract .......................

18.2%

10.0%

0.0%

6.2%

-65.6%

$813,833

$1,323,000

$1,055,000

$1,080,829

32.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$718

JUN

$1,110,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,322

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

0.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.110 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


MARINA DEL REY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$927,750

$895,000

$935,000

$1,162,000

25.2%

Average Price per Square Foot ..............

$703

$722

$744

$792

12.7%

Properties Sold ...................................

26

27

14

19

-26.9%

Properties Pending Sale .......................

21

25

18

21

0.0%

Properties For Sale ..............................

94

85

73

95

1.1%

Days on Market (Pending Sale) .............

42

37

19

18

-57.1%

Month’s Supply of Inventory .................

3.6

3.1

5.2

5

38.3%

Percent Under Contract .......................

22.3%

29.4%

24.7%

22.1%

-1.1%

$905,645

$1,004,083

$1,073,167

$957,704

5.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$927

JUN

$1,162,000

JUL AUG

MEDIAN SALES PRICE

SEP

$792

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.162 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SANTA MONICA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,025,000

$837,500

$1,187,500

$1,055,000

2.9%

Average Price per Square Foot ..............

$914

$1,017

$918

$991

8.4%

Properties Sold ...................................

24

23

22

25

4.2%

Properties Pending Sale .......................

37

23

25

28

-24.3%

Properties For Sale ..............................

100

80

98

118

18.0%

Days on Market (Pending Sale) .............

35

34

29

27

-22.9%

Month’s Supply of Inventory .................

4.2

3.5

4.5

4.7

13.3%

Percent Under Contract .......................

37.0%

28.7%

25.5%

23.7%

-35.9%

$900,271

$1,076,417

$1,020,000

$1,047,808

16.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.025

JUN

$1,055,000

JUL AUG

MEDIAN SALES PRICE

SEP

$991

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.055 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


SHERMAN OAKS

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$485,000

$522,000

$570,000

$580,000

19.6%

Average Price per Square Foot ..............

$399

$384

$392

$416

4.3%

Properties Sold ...................................

30

20

11

12

-60.0%

Properties Pending Sale .......................

36

22

22

22

-38.9%

Properties For Sale ..............................

30

13

12

30

0.0%

Days on Market (Pending Sale) .............

33

50

20

27

-18.2%

Month’s Supply of Inventory .................

1

0.6

1.1

2.5

150.0%

Percent Under Contract .......................

120.0%

169.2%

183.3%

73.3%

-38.9%

Average Median Price for Last 12 Months

$458,250

$543,000

$564,000

$525,769

14.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$485

JUN

$580,000

JUL AUG

MEDIAN SALES PRICE

SEP

$416

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$580 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


STUDIO CITY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$622,000

$715,000

$665,000

$640,000

2.9%

Average Price per Square Foot ..............

$463

$472

$533

$486

5.0%

Properties Sold ...................................

12

15

5

9

-25.0%

Properties Pending Sale .......................

9

14

9

10

11.1%

Properties For Sale ..............................

16

15

8

16

0.0%

Days on Market (Pending Sale) .............

72

46

39

34

-52.8%

Month’s Supply of Inventory .................

1.3

1

1.6

1.8

33.3%

Percent Under Contract .......................

56.2%

93.3%

112.5%

62.5%

11.1%

$572,250

$660,500

$651,000

$679,615

18.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$622

JUN

$640,000

JUL AUG

MEDIAN SALES PRICE

SEP

$486

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$640 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


VENICE

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$1,175,000

$1,465,000

$1,525,000

$1,915,000

63.0%

Average Price per Square Foot ..............

$905

$912

$790

$878

-3.0%

Properties Sold ...................................

4

2

3

1

-75.0%

Properties Pending Sale .......................

3

1

2

2

-33.3%

Properties For Sale ..............................

16

16

13

10

-37.5%

Days on Market (Pending Sale) .............

18

126

92

52

188.9%

Month’s Supply of Inventory .................

4

8

4.3

10

150.0%

Percent Under Contract .......................

18.8%

6.2%

15.4%

20.0%

6.7%

$986,083

$1,522,000

$1,812,500

$1,325,773

34.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$1.175

JUN

$1,915,000

JUL AUG

MEDIAN SALES PRICE

SEP

$878

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

10 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.915 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WEST HOLLYWOOD

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$678,000

$700,000

$615,000

$841,000

24.0%

Average Price per Square Foot ..............

$661

$707

$679

$746

12.9%

Properties Sold ...................................

26

26

19

26

0.0%

Properties Pending Sale .......................

35

38

31

30

-14.3%

Properties For Sale ..............................

122

107

91

98

-19.7%

Days on Market (Pending Sale) .............

41

46

32

30

-26.8%

Month’s Supply of Inventory .................

4.7

4.1

4.8

3.8

-19.7%

Percent Under Contract .......................

28.7%

35.5%

34.1%

30.6%

6.7%

$676,292

$750,000

$781,667

$725,858

7.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$678

JUN

$841,000

JUL AUG

MEDIAN SALES PRICE

SEP

$746

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$841 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WEST LA

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$825,000

$815,500

$981,000

$936,000

13.5%

Average Price per Square Foot ..............

$582

$606

$576

$663

13.9%

Properties Sold ...................................

17

16

6

10

-41.2%

Properties Pending Sale .......................

18

10

6

15

-16.7%

Properties For Sale ..............................

38

26

17

32

-15.8%

Days on Market (Pending Sale) .............

21

25

16

24

14.3%

Month’s Supply of Inventory .................

2.2

1.6

2.8

3.2

43.2%

Percent Under Contract .......................

47.4%

38.5%

35.3%

46.9%

-1.0%

$777,863

$926,016

$921,699

$846,097

8.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$825

JUN

$936,000

JUL AUG

MEDIAN SALES PRICE

SEP

$663

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$936 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018


WESTWOOD - CENTURY CITY

DATA*

May 2017

6 MONTH

3 MONTH

May 2018

% CHANGE

Median Price ......................................

$920,000

$912,500

$949,000

$917,500

-0.3%

Average Price per Square Foot ..............

$732

$821

$719

$686

-6.3%

Properties Sold ...................................

51

46

31

40

-21.6%

Properties Pending Sale .......................

64

177

50

54

-15.6%

Properties For Sale ..............................

234

177

187

207

-11.5%

Days on Market (Pending Sale) .............

51

49

42

30

-41.2%

Month’s Supply of Inventory .................

4.6

3.8

6

5.2

12.8%

Percent Under Contract .......................

27.4%

100.0%

26.7%

26.1%

-4.6%

$843,479

$967,729

$959,792

$928,375

10.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT MAY

$920

JUN

$917,500

JUL AUG

MEDIAN SALES PRICE

SEP

$686

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$917 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : May 2018



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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH May 2018 /

Los Angeles, Orange, Santa Barbara, Monterey, Riverside, San Diego


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