November 2017 Micro Market Report | Douglas Elliman

MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH November 2017 /

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 : November 2017

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 : November 2017

LOS ANGELES COUNTY

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$585,000

$618,000

$640,000

$621,000

6.2%

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

$448

$472

$468

$483

7.8%

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

3978

4734

5039

3916

-1.6%

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

4144

5577

5218

4590

10.8%

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

16,850

17,609

18,034

16,811

-0.2%

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

47

33

36

39

-17.0%

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

4.2

3.7

3.6

4.3

1.3%

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

24.6%

31.7%

28.9%

27.3%

11.0%

$574,063

$631,183

$623,033

$610,431

6.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$585

DEC

$621,000

JAN FEB

MEDIAN SALES PRICE

MAR

$483

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$621 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

BEL-AIR HOLMBY HILLS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,520,000

$3,995,000

$2,215,000

$3,292,266

116.6%

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

$900

$983

$909

$1,516

68.4%

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

17

13

15

11

-35.3%

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

11

24

21

15

36.4%

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

160

175

173

160

0.0%

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

48

95

71

54

12.5%

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

9.4

13.5

11.5

14.5

54.5%

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

6.9%

13.7%

12.1%

9.4%

36.4%

$2,153,292

$2,455,344

$2,649,089

$2,277,738

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 NOV

$1.520

DEC

$3,292,266

JAN FEB

MEDIAN SALES PRICE

MAR

$1,516

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

14.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$3.292 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

BEVERLY CENTER - MIRACLE MILE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,382,000

$2,614,000

$1,725,000

$1,580,500

14.4%

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

$668

$792

$845

$882

32.0%

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

17

17

19

14

-17.6%

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

19

23

25

13

-31.6%

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

94

92

87

74

-21.3%

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

69

31

35

62

-10.1%

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

5.5

5.4

4.6

5.3

-4.4%

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

20.2%

25.0%

28.7%

17.6%

-13.1%

$1,495,938

$1,570,925

$1,510,167

$1,620,682

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 NOV

$1.382

DEC

$1,580,500

JAN FEB

MEDIAN SALES PRICE

MAR

$882

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.580 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

BEVERLY HILLS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$6,150,000

$5,620,000

$3,675,500

$6,175,000

0.4%

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

$1,747

$1,492

$1,403

$1,691

-3.2%

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

11

21

12

11

0.0%

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

10

14

15

10

0.0%

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

122

102

122

109

-10.7%

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

44

37

58

118

168.2%

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

11.1

4.9

10.2

9.9

-10.7%

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

8.2%

13.7%

12.3%

9.2%

11.9%

$4,766,471

$5,694,708

$7,093,417

$5,787,558

17.6%

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 NOV

$6.150

DEC

$6,175,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,691

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

9.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$6.175 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

BEVERLY HILLS- POST OFFICE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$2,850,000

$2,949,000

$2,740,000

$3,050,000

7.0%

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

$935

$897

$857

$988

5.7%

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

14

23

21

13

-7.1%

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

10

24

18

5

-50.0%

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

183

189

170

151

-17.5%

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

56

79

81

71

26.8%

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

13.1

8.2

8.1

11.6

-11.1%

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

5.5%

12.7%

10.6%

3.3%

-39.4%

$2,841,317

$3,284,292

$3,616,667

$3,320,565

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 NOV

$2.850

DEC

$3,050,000

JAN FEB

MEDIAN SALES PRICE

MAR

$988

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

11.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$3.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

BEVERLYWOOD

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,268,500

$1,677,776

$1,150,000

$1,482,500

16.9%

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

$629

$779

$761

$770

22.4%

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

18

22

16

14

-22.2%

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

19

19

14

7

-63.2%

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

53

45

43

49

-7.5%

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

39

26

21

22

-43.6%

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

2.9

2

2.7

3.5

18.9%

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

35.8%

42.2%

32.6%

14.3%

-60.2%

$1,208,280

$1,427,833

$1,452,500

$1,354,756

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 NOV

$1.268

DEC

$1,482,500

JAN FEB

MEDIAN SALES PRICE

MAR

$770

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.482 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

BRENTWOOD

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$2,510,000

$3,180,000

$3,457,500

$3,150,000

25.5%

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

$1,054

$1,030

$1,022

$1,096

4.0%

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

20

37

22

21

5.0%

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

15

24

22

24

60.0%

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

105

145

138

154

46.7%

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

74

41

51

37

-50.0%

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

5.2

3.9

6.3

7.3

39.7%

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

14.3%

16.6%

15.9%

15.6%

9.1%

$3,015,229

$3,249,583

$3,420,000

$3,340,436

9.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$2.510

DEC

$3,150,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,096

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$3.150 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

CHEVIOT HILLS - RANCHO PARK

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,696,500

$2,725,000

$1,745,000

$1,825,000

7.6%

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

$798

$863

$859

$918

15.0%

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

6

16

8

7

16.7%

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

4

9

6

7

75.0%

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

29

30

22

22

-24.1%

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

46

27

28

23

-50.0%

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

4.8

1.9

2.8

3.1

-35.0%

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

13.8%

30.0%

27.3%

31.8%

130.7%

$1,891,594

$2,018,421

$2,169,175

$2,059,156

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 NOV

$1.696

DEC

$1,825,000

JAN FEB

MEDIAN SALES PRICE

MAR

$918

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.825 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

CULVER CITY

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,163,500

$1,077,500

$1,184,000

$1,154,000

-0.8%

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

$740

$741

$783

$758

2.4%

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

14

18

27

21

50.0%

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

16

26

24

19

18.8%

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

51

58

68

54

5.9%

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

26

32

26

42

61.5%

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

3.6

3.2

2.5

2.6

-29.4%

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

31.4%

44.8%

35.3%

35.2%

12.2%

$1,094,854

$1,165,667

$1,192,000

$1,179,058

7.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$1.163

DEC

$1,154,000

JAN FEB

MEDIAN SALES PRICE

MAR

$758

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.154 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

DOWNTOWN

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$298,888

$376,250

$350,000

$558,000

86.7%

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

$282

$324

$359

$272

-3.5%

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

9

14

9

5

-44.4%

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

7

12

13

14

100.0%

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

47

52

55

55

17.0%

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

85

40

35

38

-55.3%

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

5.2

3.7

6.1

11

110.6%

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

14.9%

23.1%

23.6%

25.5%

70.9%

$327,117

$394,000

$424,833

$385,353

15.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$298

DEC

$558,000

JAN FEB

MEDIAN SALES PRICE

MAR

$272

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

11 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$558 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

HANCOCK PARK - WILSHIRE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,787,500

$1,417,000

$1,630,000

$1,503,530

-15.9%

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

$650

$667

$634

$826

27.1%

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

28

26

25

21

-25.0%

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

27

32

31

23

-14.8%

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

118

113

98

89

-24.6%

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

63

39

65

79

25.4%

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

4.2

4.3

3.9

4.2

0.6%

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

22.9%

28.3%

31.6%

25.8%

12.9%

$1,567,880

$1,698,130

$1,849,093

$1,731,801

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 NOV

$1.787

DEC

$1,503,530

JAN FEB

MEDIAN SALES PRICE

MAR

$826

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.503 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

HOLLYWOOD

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$625,000

$1,215,000

$1,059,000

$1,179,500

88.7%

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

$565

$664

$622

$591

4.6%

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

3

5

13

6

100.0%

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

6

11

10

5

-16.7%

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

44

45

49

36

-18.2%

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

65

67

65

33

-49.2%

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

14.7

9

3.8

6

-59.1%

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

13.6%

24.4%

20.4%

13.9%

1.9%

$1,003,458

$964,396

$1,026,167

$914,417

-9.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$625

DEC

$1,179,500

JAN FEB

MEDIAN SALES PRICE

MAR

$591

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.179 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

HOLLYWOOD HILLS EAST

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,453,000

$1,356,000

$1,452,000

$1,486,000

2.3%

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

$667

$648

$596

$436

-34.6%

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

18

13

7

4

-77.8%

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

12

15

16

16

33.3%

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

85

96

75

79

-7.1%

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

61

49

78

66

8.2%

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

7.1

6.4

4.7

19.8

178.8%

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

14.1%

15.6%

21.3%

20.3%

43.5%

$1,422,156

$1,451,783

$1,437,000

$1,436,112

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 NOV

$1.453

DEC

$1,486,000

JAN FEB

MEDIAN SALES PRICE

MAR

$436

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

19.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.486 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

INGLEWOOD

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$469,900

$485,000

$570,000

$567,500

20.8%

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

$363

$381

$385

$431

18.7%

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

23

22

23

12

-47.8%

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

16

35

21

23

43.8%

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

54

73

65

65

20.4%

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

26

23

29

48

84.6%

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

3.4

2.1

3.1

5.4

60.5%

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

29.6%

47.9%

32.3%

35.4%

19.4%

$451,571

$553,133

$542,100

$516,698

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 NOV

$469

DEC

$567,500

JAN FEB

MEDIAN SALES PRICE

MAR

$431

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$567 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LADERA HEIGHTS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,550,000

$1,058,500

$1,250,000

$1,197,500

-22.7%

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

$289

$464

$396

$427

47.8%

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

1

6

11

5

400.0%

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

3

5

4

6

100.0%

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

18

26

23

23

27.8%

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

42

26

43

48

14.3%

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

6

5.2

5.8

4.6

-23.3%

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

16.7%

19.2%

17.4%

26.1%

56.5%

$1,014,365

$1,224,167

$1,327,500

$1,155,942

12.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.550

NOV DEC

$1,197,500

JAN FEB

MEDIAN SALES PRICE

MAR

$427

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.197 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LAUREL CANYON

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,629,000

$2,018,750

$1,637,500

$1,600,000

-1.8%

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

$741

$773

$738

$747

0.8%

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

17

24

26

25

47.1%

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

22

34

30

24

9.1%

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

186

170

177

153

-17.7%

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

50

39

35

70

40.0%

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

8.5

5

5.9

6.4

-24.6%

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

11.8%

20.0%

16.9%

15.7%

32.6%

$1,597,445

$1,670,000

$1,560,833

$1,646,235

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 NOV

$1.629

DEC

$1,600,000

JAN FEB

MEDIAN SALES PRICE

MAR

$747

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

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

Micro Market Report : November 2017

LOS FELIZ

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,676,287

$1,425,000

$1,625,000

$1,765,000

5.3%

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

$655

$776

$718

$830

26.7%

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

12

23

19

20

66.7%

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

13

18

25

14

7.7%

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

103

96

95

80

-22.3%

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

84

24

39

48

-42.9%

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

7.9

5.3

3.8

4

-49.5%

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

12.6%

18.8%

26.3%

17.5%

38.7%

$1,607,545

$1,733,083

$1,682,833

$1,645,993

2.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$1.676

DEC

$1,765,000

JAN FEB

MEDIAN SALES PRICE

MAR

$830

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.765 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

MALIBU

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$2,375,000

$2,380,000

$3,323,625

$2,015,000

-15.2%

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

$924

$962

$1,240

$773

-16.3%

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

11

11

22

14

27.3%

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

14

16

0

16

14.3%

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

228

225

215

197

-13.6%

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

135

145

111

110

-18.5%

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

20.7

20.5

9.8

14.1

-32.1%

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

6.1%

7.1%

%

8.1%

32.3%

$2,363,463

$2,763,454

$2,523,333

$2,883,863

18.0%

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 NOV

$2.375

DEC

$2,015,000

JAN FEB

MEDIAN SALES PRICE

MAR

$773

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

14.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.015 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

MALIBU BEACH

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$8,625,000

$6,500,000

$6,940,000

$13,000,000

50.7%

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

$2,182

$2,111

$2,246

$2,724

24.8%

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

2

5

3

1

-50.0%

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

2

5

4

5

150.0%

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

78

98

90

78

0.0%

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

214

99

147

107

-50.0%

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

39

19.6

30

78

100.0%

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

2.6%

5.1%

4.4%

6.4%

150.0%

$6,775,750

$8,519,167

$8,991,667

$8,836,365

23.3%

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 NOV

$8.625

DEC

$13,000,000

JAN FEB

MEDIAN SALES PRICE

MAR

$2,724

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

78 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$13.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

MARINA DEL REY

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,400,000

$1,567,000

$1,381,500

$1,450,000

3.6%

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

$854

$805

$764

$751

-12.1%

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

5

9

10

7

40.0%

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

5

12

6

7

40.0%

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

25

42

34

30

20.0%

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

32

36

59

43

34.4%

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

5

4.7

3.4

4.3

-14.3%

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

20.0%

28.6%

17.6%

23.3%

16.7%

$1,488,169

$1,350,250

$1,513,333

$1,376,885

-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 NOV

$1.400

DEC

$1,450,000

JAN FEB

MEDIAN SALES PRICE

MAR

$751

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

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

Micro Market Report : November 2017

MID LOS ANGELES

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$613,750

$733,750

$717,500

$608,000

-0.9%

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

$422

$432

$456

$461

9.2%

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

28

40

44

29

3.6%

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

32

41

35

31

-3.1%

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

129

130

117

118

-8.5%

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

42

27

27

26

-38.1%

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

4.6

3.2

2.7

4.1

-11.7%

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

24.8%

31.5%

29.9%

26.3%

5.9%

$596,773

$730,917

$727,667

$689,115

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 NOV

$613

DEC

$608,000

JAN FEB

MEDIAN SALES PRICE

MAR

$461

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$608 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

MID WILSHIRE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$750,750

$940,000

$865,000

$820,000

9.2%

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

$389

$489

$407

$533

37.0%

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

3

3

7

7

133.3%

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

3

10

9

8

166.7%

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

25

26

24

31

24.0%

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

21

34

49

34

61.9%

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

8.3

8.7

3.4

4.4

-46.9%

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

12.0%

38.5%

37.5%

25.8%

115.1%

$820,325

$994,000

$990,000

$909,096

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 NOV

$750

DEC

$820,000

JAN FEB

MEDIAN SALES PRICE

MAR

$533

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$820 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

PACIFIC PALISADES

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$3,250,000

$3,416,975

$3,155,500

$3,297,500

1.5%

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

$864

$1,168

$1,059

$1,219

41.1%

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

15

28

34

18

20.0%

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

7

30

25

12

71.4%

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

138

140

118

104

-24.6%

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

50

48

70

17

-66.0%

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

9.2

5

3.5

5.8

-37.2%

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

5.1%

21.4%

21.2%

11.5%

127.5%

$2,806,296

$3,398,417

$3,226,667

$3,280,598

14.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$3.250

DEC

$3,297,500

JAN FEB

MEDIAN SALES PRICE

MAR

$1,219

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$3.297 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

PALMS - MAR VISTA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,520,000

$1,328,018

$1,594,800

$1,567,500

3.1%

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

$737

$799

$803

$827

12.2%

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

33

28

27

28

-15.2%

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

23

42

30

24

4.3%

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

73

96

97

77

5.5%

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

54

24

34

30

-44.4%

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

2.2

3.4

3.6

2.8

24.3%

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

31.5%

43.8%

30.9%

31.2%

-1.1%

$1,331,377

$1,533,927

$1,509,587

$1,493,160

10.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.520

NOV DEC

$1,567,500

JAN FEB

MEDIAN SALES PRICE

MAR

$827

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.567 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

PLAYA DEL REY

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,395,000

$1,860,000

$1,800,000

$1,121,275

-19.6%

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

$614

$717

$732

$1,005

63.7%

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

6

8

5

1

-83.3%

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

4

6

5

2

-50.0%

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

18

18

21

24

33.3%

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

38

16

56

20

-47.4%

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

3

2.2

4.2

24

700.0%

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

22.2%

33.3%

23.8%

8.3%

-62.5%

$1,547,960

$1,595,546

$1,456,925

$1,592,315

2.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$1.395

DEC

$1,121,275

JAN FEB

MEDIAN SALES PRICE

MAR

$1,005

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

24 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.121 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

PLAYA VISTA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,920,000

$1,868,000

$2,962,062

$1,875,000

-2.3%

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

$784

$760

$762

$801

2.2%

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

1

5

4

2

100.0%

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

0

4

3

4

n/a

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

5

14

15

10

100.0%

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

0

76

17

74

n/a

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

5

2.8

3.8

0.4

-92.0%

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

0.0%

28.6%

20.0%

40.0%

n/a

$940,729

$2,463,193

$2,729,033

$2,248,397

139.0%

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 NOV

$1.920

DEC

$1,875,000

JAN FEB

MEDIAN SALES PRICE

MAR

$801

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

0.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

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

Micro Market Report : November 2017

SANTA MONICA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$2,680,000

$2,307,500

$2,302,500

$3,350,000

25.0%

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

$1,231

$1,154

$1,163

$1,195

-2.9%

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

15

16

22

18

20.0%

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

20

24

22

14

-30.0%

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

80

84

91

92

15.0%

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

35

39

48

32

-8.6%

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

5.3

5.2

4.1

5.1

-4.2%

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

25.0%

28.6%

24.2%

15.2%

-39.1%

$2,580,912

$3,223,167

$3,580,500

$2,736,885

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 NOV

$2.680

DEC

$3,350,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,195

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$3.350 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SUNSET STRIP - HOLLYWOOD HILLS WEST

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,737,500

$2,195,000

$1,639,500

$2,038,750

17.3%

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

$759

$786

$839

$844

11.2%

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

30

38

41

38

26.7%

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

37

56

45

36

-2.7%

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

340

352

366

335

-1.5%

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

87

49

49

69

-20.7%

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

11.3

9.3

8.9

8.8

-22.2%

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

10.9%

15.9%

12.3%

10.7%

-1.3%

$1,777,292

$1,811,708

$1,759,583

$1,806,653

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 NOV

$1.737

DEC

$2,038,750

JAN FEB

MEDIAN SALES PRICE

MAR

$844

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

8.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.038 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

VENICE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$2,100,000

$2,232,500

$1,857,500

$1,985,000

-5.5%

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

$1,123

$1,075

$1,078

$1,029

-8.4%

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

17

14

20

23

35.3%

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

17

22

24

17

0.0%

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

111

97

137

87

-21.6%

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

46

31

41

31

-32.6%

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

6.5

6.9

6.8

3.8

-42.1%

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

15.3%

22.7%

17.5%

19.5%

27.6%

$1,857,326

$2,162,958

$2,080,917

$2,024,813

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 NOV

$2.100

DEC

$1,985,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,029

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.985 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

WEST HOLLYWOOD

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,668,000

$1,443,250

$1,925,000

$1,615,000

-3.2%

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

$935

$1,057

$826

$857

-8.3%

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

13

10

11

11

-15.4%

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

14

14

12

11

-21.4%

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

67

65

53

57

-14.9%

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

48

31

36

51

6.2%

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

5.2

6.5

4.8

5.2

0.5%

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

20.9%

21.5%

22.6%

19.3%

-7.6%

$1,551,835

$1,777,393

$1,723,333

$1,699,047

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 NOV

$1.668

DEC

$1,615,000

JAN FEB

MEDIAN SALES PRICE

MAR

$857

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.615 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

WEST LOS ANGELES

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,103,750

$1,100,000

$1,229,000

$1,500,000

35.9%

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

$597

$830

$811

$786

31.7%

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

8

9

13

7

-12.5%

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

10

10

20

10

0.0%

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

39

44

50

37

-5.1%

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

36

19

33

36

0.0%

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

4.9

4.9

3.8

5.3

8.4%

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

25.6%

22.7%

40.0%

27.0%

5.4%

$1,051,729

$1,261,292

$1,326,250

$1,160,500

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 NOV

$1.103

DEC

$1,500,000

JAN FEB

MEDIAN SALES PRICE

MAR

$786

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.500 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

WESTCHESTER

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,150,000

$1,075,000

$1,210,000

$1,180,000

2.6%

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

$651

$669

$642

$641

-1.5%

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

22

35

41

29

31.8%

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

26

42

25

22

-15.4%

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

84

99

86

74

-11.9%

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

42

28

28

32

-23.8%

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

3.8

2.8

2.1

2.6

-33.2%

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

31.0%

42.4%

29.1%

29.7%

-4.0%

$1,066,329

$1,179,833

$1,192,500

$1,126,731

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 NOV

$1.150

DEC

$1,180,000

JAN FEB

MEDIAN SALES PRICE

MAR

$641

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.180 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

WESTWOOD - CENTURY CITY

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,850,000

$2,107,640

$1,945,000

$2,361,000

27.6%

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

$804

$882

$847

$871

8.3%

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

17

18

15

15

-11.8%

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

16

19

16

15

-6.2%

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

62

70

55

59

-4.8%

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

27

42

41

30

11.1%

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

3.6

3.9

3.7

3.9

7.8%

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

25.8%

27.1%

29.1%

25.4%

-1.5%

$1,875,530

$2,151,352

$2,380,204

$2,071,986

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 NOV

$1.850

DEC

$2,361,000

JAN FEB

MEDIAN SALES PRICE

MAR

$871

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.361 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SOUTH BAY MACRO MARKET

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,180,377

$1,330,967

$1,301,571

$1,333,667

13.0%

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

$600

$680

$645

$632

5.4%

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

209

273

282

213

1.9%

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

214

335

258

194

-9.3%

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

805

1,014

936

768

-4.6%

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

46

25

40

43

-5.9%

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

3.9

3.7

3.3

3.6

-6.4%

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

26.6%

33.0%

27.6%

25.3%

-5.0%

$1,212,307

$1,369,529

$1,344,202

$1,362,685

12.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$1.180

DEC

$1,333,667

JAN FEB

MEDIAN SALES PRICE

MAR

$632

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.333 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

EL SEGUNDO

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,410,000

$1,099,000

$1,275,000

$1,310,000

-7.1%

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

$739

$780

$732

$720

-2.6%

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

7

7

11

9

28.6%

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

3

14

6

5

66.7%

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

11

23

23

22

100.0%

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

17

21

43

41

141.2%

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

1.6

0

2.1

2.4

55.6%

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

27.3%

60.9%

26.1%

22.7%

-16.7%

$1,254,663

$1,320,083

$1,291,500

$1,301,971

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 $1.410

NOV DEC

$1,310,000

JAN FEB

MEDIAN SALES PRICE

MAR

$720

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

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

Micro Market Report : November 2017

HERMOSA BEACH

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,585,000

$2,750,000

$1,850,000

$1,575,000

-0.6%

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

$1,129

$1,570

$1,160

$904

-19.9%

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

9

13

13

12

33.3%

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

7

13

7

7

0.0%

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

44

51

43

34

-22.7%

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

13

19

41

43

230.8%

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

4.9

3.9

3.3

2.8

-42.0%

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

15.9%

25.5%

16.3%

20.6%

29.4%

$1,710,385

$2,038,167

$2,051,667

$1,939,627

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 NOV

$1.585

DEC

$1,575,000

JAN FEB

MEDIAN SALES PRICE

MAR

$904

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

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

Micro Market Report : November 2017

MANHATTAN BEACH

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$2,250,000

$2,200,000

$2,565,000

$2,275,000

1.1%

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

$863

$1,126

$1,203

$1,016

17.7%

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

24

39

28

26

8.3%

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

21

50

21

24

14.3%

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

120

153

136

122

1.7%

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

43

31

62

68

58.1%

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

5

3.9

4.9

4.7

-6.2%

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

17.5%

32.7%

15.4%

19.7%

12.4%

$2,201,625

$2,573,583

$2,554,833

$2,384,769

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 NOV

$2.250

DEC

$2,275,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,016

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.275 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

PALOS VERDES ESTATES

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,862,500

$1,900,000

$1,960,000

$1,625,000

-12.8%

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

$757

$668

$652

$670

-11.5%

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

12

21

14

11

-8.3%

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

20

16

24

11

-45.0%

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

79

100

95

67

-15.2%

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

68

31

60

40

-41.2%

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

6.6

4.8

6.8

6.1

-7.5%

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

25.3%

16.0%

25.3%

16.4%

-35.1%

$1,852,854

$1,919,458

$1,685,917

$1,884,835

1.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$1.862

DEC

$1,625,000

JAN FEB

MEDIAN SALES PRICE

MAR

$670

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.625 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

RANCHO PALOS VERDES

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,270,000

$1,350,000

$1,960,000

$1,283,000

1.0%

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

$567

$579

$652

$624

10.1%

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

34

41

14

19

-44.1%

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

28

56

24

30

7.1%

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

134

170

95

131

-2.2%

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

105

31

60

53

-49.5%

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

3.9

4.1

6.8

6.9

74.9%

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

20.9%

32.9%

25.3%

22.9%

9.6%

$1,261,486

$1,415,500

$1,269,333

$1,352,942

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 NOV

$1.270

DEC

$1,283,000

JAN FEB

MEDIAN SALES PRICE

MAR

$624

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.283 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

REDONDO BEACH- NORTH

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$928,500

$1,005,000

$987,500

$825,000

-11.1%

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

$575

$643

$610

$656

14.1%

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

16

20

22

11

-31.2%

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

14

25

18

16

14.3%

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

34

54

44

39

14.7%

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

25

23

40

40

60.0%

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

2.1

2.7

2

3.5

66.8%

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

41.2%

46.3%

40.9%

41.0%

-0.4%

$910,354

$991,833

$1,019,833

$968,808

6.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$928

DEC

$825,000

JAN FEB

MEDIAN SALES PRICE

MAR

$656

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$825 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

REDONDO BEACH- SOUTH

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,569,975

$1,449,500

$1,610,000

$1,618,500

3.1%

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

$706

$781

$660

$571

-19.1%

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

10

14

26

16

60.0%

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

12

18

16

15

25.0%

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

37

65

59

46

24.3%

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

56

14

37

77

37.5%

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

3.7

4.6

2.3

2.9

-22.3%

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

32.4%

27.7%

27.1%

32.6%

0.5%

$1,341,477

$1,511,750

$1,556,167

$1,476,806

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 $1.569

NOV DEC

$1,618,500

JAN FEB

MEDIAN SALES PRICE

MAR

$571

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.618 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

ROLLING HILLS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$0

$2,450,000

$0

$3,590,000

n/a

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

$0

$834

$0

$939

n/a

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

0

1

0

4

n/a

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

2

2

1

2

0.0%

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

30

31

31

29

-3.3%

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

100

24

68

46

-54.0%

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

n/a

31

n/a

7.2

n/a

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

6.7%

6.5%

3.2%

6.9%

3.4%

$2,033,304

$3,340,500

$3,324,750

$3,200,325

57.4%

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 NOV DEC

$3,590,000

JAN FEB

MEDIAN SALES PRICE

MAR

$939

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$3.590 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

ROLLING HILLS ESTATES

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,549,650

$1,325,000

$1,430,000

$1,588,000

2.5%

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

$552

$599

$570

$535

-3.1%

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

7

11

11

3

-57.1%

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

4

8

1

3

-25.0%

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

23

42

31

24

4.3%

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

83

23

68

54

-34.9%

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

3.3

3.8

2.8

8

143.5%

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

17.4%

19.0%

3.2%

12.5%

-28.1%

$1,573,917

$1,616,917

$1,666,000

$1,587,550

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 NOV

$1.549

DEC

$1,588,000

JAN FEB

MEDIAN SALES PRICE

MAR

$535

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.588 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SAN PEDRO

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$635,000

$689,000

$735,000

$623,000

-1.9%

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

$367

$431

$435

$444

21.0%

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

25

35

45

29

16.0%

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

31

33

42

28

-9.7%

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

126

127

147

107

-15.1%

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

50

45

34

19

-62.0%

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

5

3.6

3.3

3.7

-26.8%

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

24.6%

26.0%

28.6%

26.2%

6.4%

$608,126

$668,167

$631,667

$647,808

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 NOV

$635

DEC

$623,000

JAN FEB

MEDIAN SALES PRICE

MAR

$444

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$623 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

TORRANCE- COUNTY STRIP

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$507,400

$545,000

$557,000

$542,000

6.8%

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

$337

$327

$384

$395

17.2%

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

4

7

10

5

25.0%

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

7

6

8

3

-57.1%

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

27

17

23

16

-40.7%

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

16

26

20

27

68.8%

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

6.8

2.4

2.3

3.2

-52.6%

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

25.9%

35.3%

34.8%

18.8%

-27.7%

$504,575

$544,667

$540,167

$526,973

4.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$507

DEC

$542,000

JAN FEB

MEDIAN SALES PRICE

MAR

$395

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$542 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

TORRANCE- NORTH

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$641,000

$705,500

$695,000

$680,000

6.1%

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

$461

$434

$507

$490

6.3%

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

21

12

21

10

-52.4%

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

20

20

22

16

-20.0%

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

35

39

50

35

0.0%

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

35

19

16

21

-40.0%

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

1.7

3.2

2.4

3.5

110.0%

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

57.1%

51.3%

44.0%

45.7%

-20.0%

$618,708

$680,333

$676,333

$661,442

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 NOV

$641

DEC

$680,000

JAN FEB

MEDIAN SALES PRICE

MAR

$490

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$680 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

TORRANCE- SOUTH

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$849,250

$910,000

$952,500

$884,500

4.2%

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

$460

$536

$495

$528

14.8%

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

14

21

28

28

100.0%

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

21

34

30

16

-23.8%

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

53

58

79

39

-26.4%

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

36

27

24

40

11.1%

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

3.8

2.8

2.8

1.4

-63.2%

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

39.6%

58.6%

38.0%

41.0%

3.5%

$857,655

$952,833

$932,333

$936,395

9.2%

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 NOV

$849

DEC

$884,500

JAN FEB

MEDIAN SALES PRICE

MAR

$528

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$884 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

TORRANCE- SOUTHEAST

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$681,000

$678,500

$720,000

$722,500

6.1%

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

$440

$384

$440

$447

1.6%

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

7

14

20

18

157.1%

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

8

21

17

3

-62.5%

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

25

51

44

28

12.0%

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

21

23

20

57

171.4%

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

3.6

3.6

2.2

1.6

-56.4%

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

32.0%

41.2%

38.6%

10.7%

-66.5%

$634,604

$753,583

$759,833

$698,962

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 NOV

$681

DEC

$722,500

JAN FEB

MEDIAN SALES PRICE

MAR

$447

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$722 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

TORRANCE- WEST

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$786,000

$908,000

$925,000

$863,500

9.9%

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

$450

$509

$525

$547

21.6%

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

19

17

19

12

-36.8%

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

16

19

21

15

-6.2%

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

27

33

36

29

7.4%

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

25

12

14

26

4.0%

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

1.4

1.9

1.9

2.4

70.1%

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

59.3%

57.6%

58.3%

51.7%

-12.7%

$820,875

$899,583

$885,833

$871,058

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 NOV

$786

DEC

$863,500

JAN FEB

MEDIAN SALES PRICE

MAR

$547

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$863 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SAN FERNANDO VALLEY MACRO MARKET

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$970,500

$1,006,294

$994,647

$1,016,706

4.8%

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

$441

$464

$467

$501

13.6%

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

26

33

37

27

4.5%

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

29

37

37

28

-4.5%

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

71

66

68

54

-23.8%

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

57

49

56

60

6.0%

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

2.7

2

1.9

2

-27.1%

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

41.0%

55.8%

54.6%

51.4%

25.4%

$883,446

$998,167

$986,451

$952,619

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 NOV

$970

DEC

$1,016,706

JAN FEB

MEDIAN SALES PRICE

MAR

$501

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.016 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

AGOURA HILLS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$775,000

$1,000,000

$980,000

$855,000

10.3%

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

$375

$411

$391

$420

12.0%

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

25

23

16

13

-48.0%

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

21

26

20

13

-38.1%

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

55

51

64

56

1.8%

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

69

58

59

61

-11.6%

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

2.2

2.2

4

4.3

95.8%

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

38.2%

51.0%

31.2%

23.2%

-39.2%

$867,667

$975,667

$900,333

$944,923

8.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$775

DEC

$855,000

JAN FEB

MEDIAN SALES PRICE

MAR

$420

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$855 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

BURBANK

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$799,000

$812,000

$784,000

$785,000

-1.8%

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

$491

$534

$517

$534

8.8%

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

41

52

64

47

14.6%

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

55

53

59

43

-21.8%

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

96

76

68

32

-66.7%

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

47

35

33

51

8.5%

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

2.3

1.5

1.1

0.7

-70.9%

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

57.3%

69.7%

86.8%

134.4%

134.5%

$741,000

$795,167

$804,667

$780,308

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 $799

NOV DEC

$785,000

JAN FEB

MEDIAN SALES PRICE

MAR

$534

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

0.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$785 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

CALABASAS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,335,000

$1,458,000

$1,526,000

$1,505,000

12.7%

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

$415

$457

$460

$454

9.4%

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

21

34

34

21

0.0%

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

23

32

29

13

-43.5%

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

88

96

94

63

-28.4%

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

82

70

70

122

48.8%

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

4.2

2.8

2.8

3

-28.4%

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

26.1%

33.3%

30.9%

20.6%

-21.0%

$1,495,167

$1,347,500

$1,319,000

$1,336,385

-10.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$1.335

DEC

$1,505,000

JAN FEB

MEDIAN SALES PRICE

MAR

$454

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.505 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

ENCINO

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,470,000

$1,256,000

$1,317,000

$1,266,000

-13.9%

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

$516

$529

$547

$516

0.0%

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

35

51

48

32

-8.6%

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

42

52

46

36

-14.3%

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

126

104

112

84

-33.3%

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

57

68

58

63

10.5%

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

3.6

2

2.3

2.6

-27.1%

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

33.3%

50.0%

41.1%

42.9%

28.6%

$1,187,417

$1,342,500

$1,385,667

$1,326,077

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 NOV

$1.470

DEC

$1,266,000

JAN FEB

MEDIAN SALES PRICE

MAR

$516

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.266 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

GLENDALE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$982,000

$850,000

$893,000

$851,000

-13.3%

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

$514

$505

$513

$509

-1.0%

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

52

49

61

61

17.3%

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

53

58

67

65

22.6%

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

68

80

105

88

29.4%

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

33

46

37

43

30.3%

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

1.8

2

1.2

1.3

-27.9%

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

69.4%

58.3%

79.4%

77.9%

12.3%

$836,750

$926,000

$907,667

$900,583

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 NOV

$865

DEC

$851,000

JAN FEB

MEDIAN SALES PRICE

MAR

$509

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$982 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LA CRESCENTA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$793,000

$885,000

$838,000

$868,000

9.5%

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

$452

$510

$529

$519

14.8%

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

20

15

22

11

-45.0%

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

14

24

21

17

21.4%

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

24

26

22

21

-12.5%

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

66

34

46

47

-28.8%

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

1.2

1.7

1

1.9

59.1%

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

58.3%

92.3%

95.5%

81.0%

38.8%

$789,500

$841,333

$840,000

$834,154

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 NOV

$793

DEC

$868,000

JAN FEB

MEDIAN SALES PRICE

MAR

$519

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$868 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

NORTH HOLLYWOOD

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$553,000

$550,000

$613,000

$580,000

4.9%

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

$403

$402

$436

$446

10.7%

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

24

36

34

37

54.2%

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

43

43

44

37

-14.0%

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

53

37

51

43

-18.9%

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

39

32

41

43

10.3%

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

2.2

1

1.5

1.2

-47.4%

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

81.1%

116.2%

86.3%

86.0%

6.1%

$516,083

$593,667

$595,000

$573,923

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 NOV

$553

DEC

$580,000

JAN FEB

MEDIAN SALES PRICE

MAR

$446

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$580 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SHADOW HILLS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$725,000

$1,061,000

$715,000

$878,000

21.1%

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

$360

$318

$387

$322

-10.6%

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

6

1

5

7

16.7%

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

7

7

6

2

-71.4%

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

15

10

8

11

-26.7%

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

73

46

127

119

63.0%

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

2.5

10

1.6

1.6

-37.1%

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

46.7%

70.0%

75.0%

18.2%

-61.0%

$743,083

$804,333

$855,333

$833,692

12.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$725

DEC

$878,000

JAN FEB

MEDIAN SALES PRICE

MAR

$322

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$878 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SHERMAN OAKS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,112,000

$1,179,000

$1,083,000

$1,135,000

2.1%

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

$526

$509

$538

$541

2.9%

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

51

66

73

53

3.9%

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

43

73

67

49

14.0%

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

146

119

131

94

-35.6%

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

57

57

56

58

1.8%

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

2.9

1.8

1.8

1.8

-38.0%

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

29.5%

61.3%

51.1%

52.1%

77.0%

$1,119,667

$1,154,333

$1,141,667

$1,151,615

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 NOV

$1.112

DEC

$1,135,000

JAN FEB

MEDIAN SALES PRICE

MAR

$541

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.135 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

STUDIO CITY

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,309,000

$1,360,000

$1,381,000

$1,430,000

9.2%

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

$601

$607

$571

$653

8.7%

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

29

33

36

30

3.4%

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

24

32

36

28

16.7%

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

73

89

71

64

-12.3%

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

68

42

58

56

-17.6%

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

2.5

2.7

2

2.1

-15.3%

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

32.9%

36.0%

50.7%

43.8%

33.1%

$1,400,750

$1,339,667

$1,339,333

$1,380,692

-1.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$1.309

DEC

$1,430,000

JAN FEB

MEDIAN SALES PRICE

MAR

$653

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.430 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SUN VALLEY

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$530,000

$483,000

$514,000

$542,000

2.3%

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

$304

$384

$333

$400

31.6%

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

9

22

24

14

55.6%

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

12

19

26

21

75.0%

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

24

31

16

26

8.3%

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

24

39

43

24

0.0%

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

2.7

1.4

0.7

1.9

-30.4%

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

50.0%

61.3%

162.5%

80.8%

61.5%

$476,833

$552,333

$549,333

$524,385

10.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$530

DEC

$542,000

JAN FEB

MEDIAN SALES PRICE

MAR

$400

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$542 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SUNLAND/TUJUNGA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$600,000

$625,000

$562,000

$501,000

-16.5%

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

$370

$373

$393

$456

23.2%

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

35

23

19

20

-42.9%

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

34

32

26

19

-44.1%

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

67

16

20

16

-76.1%

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

47

35

49

56

19.1%

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

1.9

0.7

1.1

0.8

-58.2%

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

50.7%

200.0%

130.0%

118.8%

134.0%

$543,333

$553,833

$526,667

$577,769

6.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $600

NOV DEC

$501,000

JAN FEB

MEDIAN SALES PRICE

MAR

$456

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

0.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$501 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

TARZANA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,125,000

$1,098,000

$1,081,000

$1,065,000

-5.3%

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

$391

$416

$422

$399

2.0%

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

27

26

30

19

-29.6%

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

26

34

38

28

7.7%

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

77

86

87

76

-1.3%

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

62

57

48

77

24.2%

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

2.9

3.3

2.9

4

40.3%

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

33.8%

39.5%

43.7%

36.8%

9.1%

$985,583

$1,066,333

$1,113,333

$1,068,077

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 $1.125

NOV DEC

$1,065,000

JAN FEB

MEDIAN SALES PRICE

MAR

$399

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.065 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

TOLUCA LAKE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,883,000

$1,490,000

$1,420,000

$1,620,000

-14.0%

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

$555

$569

$558

$897

61.6%

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

6

8

7

4

-33.3%

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

5

6

9

9

80.0%

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

18

15

17

13

-27.8%

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

60

53

54

5

-91.7%

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

3

1.9

2.4

3.2

8.3%

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

27.8%

40.0%

52.9%

69.2%

149.2%

$1,370,750

$1,628,000

$1,339,333

$1,589,231

15.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$1.883

DEC

$1,620,000

JAN FEB

MEDIAN SALES PRICE

MAR

$897

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.620 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

VALLEY VILLAGE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$880,000

$1,050,000

$1,089,000

$1,051,000

19.4%

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

$508

$576

$513

$538

5.9%

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

11

17

25

15

36.4%

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

22

16

12

15

-31.8%

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

32

34

28

17

-46.9%

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

38

38

53

54

42.1%

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

2.9

2

1.1

1.1

-61.0%

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

68.8%

47.1%

42.9%

88.2%

28.3%

$889,667

$995,167

$973,667

$952,923

7.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$880

DEC

$1,051,000

JAN FEB

MEDIAN SALES PRICE

MAR

$538

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.051 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

WESTLAKE VILLAGE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$900,000

$1,120,000

$1,308,000

$1,451,000

61.2%

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

$434

$411

$443

$511

17.7%

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

27

36

32

26

-3.7%

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

22

38

39

21

-4.5%

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

92

111

101

96

4.3%

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

68

70

58

99

45.6%

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

3.4

3.1

3.2

3.7

8.4%

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

23.9%

34.2%

38.6%

21.9%

-8.5%

$1,181,583

$1,225,000

$1,327,667

$1,203,385

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 NOV

$900

DEC

$1,451,000

JAN FEB

MEDIAN SALES PRICE

MAR

$511

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.451 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

WOODLAND HILLS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$739,000

$830,000

$805,000

$770,000

4.2%

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

$350

$373

$390

$392

12.0%

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

49

69

92

61

24.5%

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

70

79

90

66

-5.7%

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

144

137

167

135

-6.2%

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

51

47

55

55

7.8%

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

2.9

2

1.8

2.2

-24.7%

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

48.6%

57.7%

53.9%

48.9%

0.6%

$767,833

$806,167

$807,333

$843,231

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 NOV

$739

DEC

$770,000

JAN FEB

MEDIAN SALES PRICE

MAR

$392

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$770 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SAN GABRIEL VALLEY MACRO MARKET

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,011,917

$1,050,167

$1,065,333

$1,130,167

11.7%

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

$514

$550

$553

$568

10.5%

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

24

27

27

20

-17.0%

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

24

31

29

21

-9.9%

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

57

59

59

47

-17.7%

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

54

46

35

45

-15.1%

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

2.4

2.2

2.2

2.4

-0.8%

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

40.9%

52.3%

48.9%

44.8%

9.5%

$1,010,938

$1,076,403

$1,073,417

$1,072,128

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 NOV

$1.011

DEC

$1,130,167

JAN FEB

MEDIAN SALES PRICE

MAR

$568

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

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

Micro Market Report : November 2017

ALHAMBRA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$642,000

$694,000

$699,000

$680,000

5.9%

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

$456

$438

$437

$479

5.0%

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

13

13

23

13

0.0%

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

18

23

29

14

-22.2%

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

38

25

23

16

-57.9%

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

30

30

27

33

10.0%

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

2.9

1.9

1

1.2

-57.9%

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

47.4%

92.0%

126.1%

87.5%

84.7%

$610,750

$684,333

$676,667

$665,154

8.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$642

DEC

$680,000

JAN FEB

MEDIAN SALES PRICE

MAR

$479

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$680 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

ALTADENA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$875,000

$825,000

$820,000

$822,000

-6.1%

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

$448

$480

$515

$484

8.0%

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

27

35

37

33

22.2%

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

27

40

25

26

-3.7%

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

49

43

53

35

-28.6%

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

51

46

35

42

-17.6%

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

1.8

1.2

1.4

1.1

-41.6%

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

55.1%

93.0%

47.2%

74.3%

34.8%

$735,083

$818,167

$821,000

$815,000

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 $875

NOV DEC

$822,000

JAN FEB

MEDIAN SALES PRICE

MAR

$484

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$822 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

ARCADIA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,313,000

$1,059,000

$1,288,000

$1,400,000

6.6%

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

$517

$557

$539

$568

9.9%

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

46

40

41

38

-17.4%

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

41

49

40

29

-29.3%

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

173

215

228

191

10.4%

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

77

58

35

50

-35.1%

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

3.8

5.4

5.6

5

33.6%

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

23.7%

22.8%

17.5%

15.2%

-35.9%

$1,242,917

$1,290,000

$1,283,000

$1,289,462

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 NOV

$1.313

DEC

$1,400,000

JAN FEB

MEDIAN SALES PRICE

MAR

$568

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

DUARTE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$505,000

$500,000

$519,000

$525,000

4.0%

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

$364

$410

$409

$361

-0.8%

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

18

11

16

8

-55.6%

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

14

20

18

13

-7.1%

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

23

17

26

18

-21.7%

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

46

29

20

36

-21.7%

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

1.3

1.5

1.6

2.2

76.1%

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

60.9%

117.6%

69.2%

72.2%

18.7%

$474,250

$521,500

$524,333

$500,000

5.4%

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 NOV

$505

DEC

$525,000

JAN FEB

MEDIAN SALES PRICE

MAR

$361

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$525 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

EAGLE ROCK

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$775,000

$790,000

$900,000

$860,000

11.0%

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

$484

$526

$613

$569

17.6%

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

11

4

7

7

-36.4%

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

12

9

7

5

-58.3%

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

25

16

9

6

-76.0%

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

29

101

48

45

55.2%

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

2.3

4

1.3

0.9

-62.3%

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

48.0%

56.2%

77.8%

83.3%

73.6%

$767,500

$861,667

$855,333

$821,231

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 NOV

$775

DEC

$860,000

JAN FEB

MEDIAN SALES PRICE

MAR

$569

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

0.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$860 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LA CANADA FLINTRIDGE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,555,000

$1,810,000

$1,650,000

$2,495,000

60.5%

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

$582

$664

$661

$655

12.5%

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

26

25

26

13

-50.0%

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

22

34

24

24

9.1%

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

38

46

45

27

-28.9%

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

75

56

43

42

-44.0%

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

1.5

1.8

1.7

2.1

42.1%

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

57.9%

73.9%

53.3%

88.9%

53.5%

$1,673,750

$1,788,500

$1,814,333

$1,791,538

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 NOV

$1.555

DEC

$2,495,000

JAN FEB

MEDIAN SALES PRICE

MAR

$655

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.495 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

MONROVIA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$607,000

$617,000

$655,000

$679,000

11.9%

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

$398

$399

$445

$467

17.3%

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

29

22

23

30

3.4%

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

19

15

19

20

5.3%

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

45

42

50

36

-20.0%

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

51

29

22

30

-41.2%

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

1.6

1.9

2.2

1.2

-22.7%

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

42.2%

35.7%

38.0%

55.6%

31.6%

$626,083

$718,333

$714,333

$689,000

10.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$607

DEC

$679,000

JAN FEB

MEDIAN SALES PRICE

MAR

$467

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$679 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

PASADENA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$795,000

$1,025,000

$935,000

$943,000

18.6%

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

$526

$560

$573

$637

21.1%

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

67

105

92

58

-13.4%

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

77

116

108

73

-5.2%

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

178

177

145

128

-28.1%

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

51

46

40

40

-21.6%

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

2.7

1.7

1.6

2.2

-16.9%

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

43.3%

65.5%

74.5%

57.0%

31.8%

$845,333

$946,167

$933,333

$895,846

6.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$795

DEC

$943,000

JAN FEB

MEDIAN SALES PRICE

MAR

$637

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$943 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SAN GABRIEL

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$750,000

$722,000

$820,000

$863,000

15.1%

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

$449

$483

$503

$499

11.1%

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

24

32

27

20

-16.7%

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

29

16

36

23

-20.7%

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

51

45

51

40

-21.6%

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

38

31

33

34

-10.5%

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

2.1

1.4

1.9

2

-5.9%

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

56.9%

35.6%

70.6%

57.5%

1.1%

$725,000

$811,333

$834,333

$787,923

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 NOV

$750

DEC

$863,000

JAN FEB

MEDIAN SALES PRICE

MAR

$499

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$863 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SAN MARINO

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$2,198,000

$2,150,000

$2,000,000

$1,875,000

-14.7%

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

$754

$853

$790

$823

9.2%

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

8

15

5

8

0.0%

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

10

16

17

13

30.0%

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

38

44

49

40

5.3%

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

82

48

48

136

65.9%

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

4.8

2.9

9.8

5

5.3%

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

26.3%

36.4%

34.7%

32.5%

23.5%

$2,191,417

$2,131,833

$2,092,000

$2,221,462

1.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$2.198

DEC

$1,875,000

JAN FEB

MEDIAN SALES PRICE

MAR

$823

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

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

Micro Market Report : November 2017

SIERRA MADRE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$955,000

$1,100,000

$1,005,000

$1,020,000

6.8%

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

$550

$546

$510

$509

-7.5%

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

7

8

7

6

-14.3%

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

3

14

8

10

233.3%

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

18

23

21

17

-5.6%

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

65

33

32

33

-49.2%

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

2.6

2.9

3

2.8

10.2%

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

16.7%

60.9%

38.1%

58.8%

252.9%

$1,023,333

$1,046,333

$1,061,000

$1,055,231

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 NOV

$955

DEC

$1,020,000

JAN FEB

MEDIAN SALES PRICE

MAR

$509

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.020 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

SOUTH PASADENA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,173,000

$1,310,000

$1,493,000

$1,400,000

19.4%

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

$639

$684

$638

$761

19.1%

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

12

13

19

5

-58.3%

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

10

16

18

4

-60.0%

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

13

11

13

13

0.0%

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

47

39

42

24

-48.9%

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

1.1

0.8

0.7

2.6

140.0%

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

76.9%

145.5%

138.5%

30.8%

-60.0%

$1,215,833

$1,298,667

$1,271,333

$1,333,692

9.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$1.173

DEC

$1,400,000

JAN FEB

MEDIAN SALES PRICE

MAR

$761

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

ORANGE COUNTY

ORANGE COUNTY MACRO

IRVINE

NEWPORT HEIGHTS

ALISO VIEJO

LADERA RANCH

RANCHO SANTA MARGARITA

BALBOA PENINSULA

LAGUNA BEACH

SAN CLEMENTE

CORONA DEL MAR - SPYGLASS

LAGUNA HILLS

SAN JUAN CAPISTRANO

COTO DE CAZA

LAGUNA NIGUEL

SHADY CANYON

CRYSTAL COVE

LAGUNA WOODS

TURTLE RIDGE

DANA POINT

LOWER NEWPORT BAY - BALBOA ISLAND

TURTLE ROCK

EAST BLUFF - HARBOR VIEW

MISSION VIEJO

WESTMINSTER

EAST COSTA MESA

NELLE GAIL

WEST BAY - SANTA ANA HEIGHTS

FOUNTAIN VALLEY

NEWPORT BEACH

WEST NEWPORT - LIDO

HUNTINGTON BEACH

NEWPORT COAST

Micro Market Report : November 2017

COUNTY: ORANGE AREA: 948 SQ MILES FOUNDED: 1889

Micro Market Report : November 2017

ORANGE COUNTY

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$729,950

$790,000

$780,000

$780,000

6.9%

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

$431

$474

$460

$456

5.8%

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

1520

1991

1881

1519

-0.1%

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

1438

2020

1891

1301

-9.5%

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

5,867

6,794

6,715

5,099

-13.1%

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

58

40

47

47

-19.0%

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

3.9

3.4

3.6

3.4

-13.0%

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

24.5%

29.7%

28.2%

25.5%

4.1%

$725,413

$782,917

$782,500

$766,265

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 $729

NOV DEC

$780,000

JAN FEB

MEDIAN SALES PRICE

MAR

$456

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$780 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

ALISO VIEJO

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$778,000

$822,500

$853,000

$785,000

0.9%

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

$408

$406

$387

$403

-1.2%

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

16

32

20

11

-31.2%

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

15

26

24

15

0.0%

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

36

71

66

32

-11.1%

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

65

22

30

44

-32.3%

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

2.2

2.2

3.3

2.9

29.3%

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

41.7%

36.6%

36.4%

46.9%

12.5%

$777,813

$817,158

$806,650

$804,262

3.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$778

DEC

$785,000

JAN FEB

MEDIAN SALES PRICE

MAR

$403

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$785 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

BALBOA PENINSULA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,975,000

$3,625,000

$2,800,000

$2,900,000

46.8%

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

$1,383

$1,573

$1,393

$2,651

91.7%

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

5

10

7

1

-80.0%

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

2

10

2

4

100.0%

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

38

41

32

34

-10.5%

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

202

89

113

80

-60.4%

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

7.6

4.1

4.6

34

347.4%

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

5.3%

24.4%

6.2%

11.8%

123.5%

$3,586,042

$2,843,750

$3,416,667

$3,034,577

-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 NOV

$1.975

DEC

$2,900,000

JAN FEB

MEDIAN SALES PRICE

MAR

$2,651

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

34 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

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

Micro Market Report : November 2017

CORONA DEL MAR - SPYGLASS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$2,360,000

$2,777,163

$2,395,000

$2,605,000

10.4%

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

$1,047

$1,086

$1,123

$1,127

7.6%

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

11

20

9

14

27.3%

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

10

21

14

12

20.0%

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

73

93

88

78

6.8%

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

123

93

80

90

-26.8%

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

6.6

4.6

9.8

5.6

-16.0%

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

13.7%

22.6%

15.9%

15.4%

12.3%

$2,822,375

$2,754,000

$2,714,000

$2,755,376

-2.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$2.360

DEC

$2,605,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,127

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.605 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

COTO DE CAZA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,100,000

$1,190,000

$1,232,500

$1,232,000

12.0%

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

$333

$353

$375

$349

4.8%

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

13

33

20

14

7.7%

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

14

25

24

12

-14.3%

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

111

134

123

96

-13.5%

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

113

48

69

88

-22.1%

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

8.5

4.1

6.2

6.9

-19.7%

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

12.6%

18.7%

19.5%

12.5%

-0.9%

$1,179,506

$1,270,833

$1,219,000

$1,195,962

1.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$1.100

DEC

$1,232,000

JAN FEB

MEDIAN SALES PRICE

MAR

$349

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.232 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

CRYSTAL COVE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$5,725,000

$7,800,000

$13,075,000

$5,590,000

-2.4%

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

$1,238

$1,433

$1,565

$1,279

3.3%

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

2

5

2

1

-50.0%

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

4

2

4

1

-75.0%

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

26

25

23

26

0.0%

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

145

70

104

71

-51.0%

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

13

5

11.5

26

100.0%

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

15.4%

8.0%

17.4%

3.8%

-75.0%

$6,266,803

$7,336,000

$5,902,500

$7,559,545

20.6%

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 NOV

$5.725

DEC

$5,590,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,279

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

26 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$5.590 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

DANA POINT

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$922,500

$1,225,000

$1,040,000

$1,394,000

51.1%

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

$605

$760

$533

$682

12.7%

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

30

25

33

30

0.0%

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

26

43

32

19

-26.9%

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

168

199

207

149

-11.3%

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

69

67

74

44

-36.2%

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

5.6

8

6.3

5

-11.3%

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

15.5%

21.6%

15.5%

12.8%

-17.6%

$1,016,253

$1,159,750

$1,268,833

$1,090,346

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 NOV

$922

DEC

$1,394,000

JAN FEB

MEDIAN SALES PRICE

MAR

$682

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.394 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

EAST BLUFF - HARBOR VIEW

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,550,000

$1,840,000

$2,032,500

$1,749,000

12.8%

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

$645

$678

$657

$621

-3.7%

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

15

18

18

7

-53.3%

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

17

28

18

12

-29.4%

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

97

118

106

92

-5.2%

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

101

103

68

77

-23.8%

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

6.5

6.6

5.9

13.1

103.2%

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

17.5%

23.7%

17.0%

13.0%

-25.6%

$1,888,697

$2,053,583

$2,098,000

$1,982,423

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 NOV

$1.550

DEC

$1,749,000

JAN FEB

MEDIAN SALES PRICE

MAR

$621

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

13.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.749 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

EAST COSTA MESA

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,120,000

$1,022,000

$1,050,000

$1,050,000

-6.2%

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

$622

$579

$593

$644

3.5%

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

11

18

19

19

72.7%

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

9

29

17

11

22.2%

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

47

69

71

65

38.3%

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

29

42

51

68

134.5%

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

4.3

3.8

3.7

3.4

-19.9%

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

19.1%

42.0%

23.9%

16.9%

-11.6%

$1,026,866

$1,010,896

$999,291

$1,026,913

0.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.120

NOV DEC

$1,050,000

JAN FEB

MEDIAN SALES PRICE

MAR

$644

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

FOUNTAIN VALLEY

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$799,950

$760,000

$770,000

$778,500

-2.7%

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

$362

$393

$388

$406

12.2%

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

23

23

27

22

-4.3%

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

30

35

32

27

-10.0%

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

72

72

64

53

-26.4%

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

29

18

27

24

-17.2%

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

3.1

3.1

2.4

2.4

-23.0%

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

41.7%

48.6%

50.0%

50.9%

22.3%

$732,954

$775,833

$777,000

$779,362

6.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $799

NOV DEC

$778,500

JAN FEB

MEDIAN SALES PRICE

MAR

$406

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$778 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

HUNTINGTON BEACH

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$769,000

$880,000

$900,000

$922,500

20.0%

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

$473

$488

$501

$511

8.0%

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

97

127

131

98

1.0%

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

81

103

117

90

11.1%

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

281

333

349

264

-6.0%

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

49

34

42

39

-20.4%

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

2.9

2.6

2.7

2.7

-7.0%

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

28.8%

30.9%

33.5%

34.1%

18.3%

$811,746

$889,750

$882,833

$849,385

4.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT NOV

$769

DEC

$922,500

JAN FEB

MEDIAN SALES PRICE

MAR

$511

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$922 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

IRVINE

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,075,600

$1,142,000

$1,150,000

$1,240,000

15.3%

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

$464

$519

$483

$522

12.5%

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

92

118

136

93

1.1%

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

82

105

122

81

-1.2%

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

374

458

475

317

-15.2%

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

66

39

53

56

-15.2%

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

4.1

3.9

3.5

3.4

-16.2%

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

21.9%

22.9%

25.7%

25.6%

16.5%

$1,032,918

$1,118,583

$1,148,333

$1,109,469

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 NOV

$1.075

DEC

$1,240,000

JAN FEB

MEDIAN SALES PRICE

MAR

$522

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.240 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LADERA RANCH

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$835,000

$779,000

$895,000

$1,024,400

22.7%

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

$365

$350

$374

$355

-2.7%

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

27

27

27

28

3.7%

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

23

31

33

17

-26.1%

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

89

130

131

92

3.4%

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

61

32

50

54

-11.5%

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

3.3

4.8

4.9

3.3

-0.3%

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

25.8%

23.8%

25.2%

18.5%

-28.5%

$858,288

$933,892

$944,633

$905,758

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 NOV

$835

DEC

$1,024,400

JAN FEB

MEDIAN SALES PRICE

MAR

$355

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.024 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LAGUNA BEACH

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$1,900,000

$1,925,000

$1,865,000

$1,964,000

3.4%

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

$1,081

$1,113

$1,290

$946

-12.5%

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

27

39

30

27

0.0%

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

22

26

33

19

-13.6%

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

226

254

284

243

7.5%

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

143

70

66

88

-38.5%

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

8.4

6.5

9.5

9

7.5%

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

9.7%

10.2%

11.6%

7.8%

-19.7%

$1,915,292

$1,871,500

$1,884,667

$2,048,623

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 NOV

$1.900

DEC

$1,964,000

JAN FEB

MEDIAN SALES PRICE

MAR

$946

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.964 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LAGUNA NIGUEL

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

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

$855,000

$929,500

$960,000

$965,000

12.9%

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

$414

$427

$426

$434

4.8%

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

53

76

73

43

-18.9%

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

37

60

52

45

21.6%

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

223

267

253

193

-13.5%

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

82

48

42

42

-48.8%

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

4.2

3.5

3.5

4.5

6.7%

Percent Under Contract .......................

16.6%

22.5%

20.6%

23.3%

40.5%

$863,042

$969,333

$992,000

$934,400

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 NOV

$855

DEC

$965,000

JAN FEB

MEDIAN SALES PRICE

MAR

$434

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$965 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LAGUNA HILLS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

Median Price ......................................

$712,900

$865,000

$797,500

$848,000

19.0%

Average Price per Square Foot ..............

$356

$368

$371

$359

0.8%

Properties Sold ...................................

17

32

26

24

41.2%

Properties Pending Sale .......................

21

33

38

14

-33.3%

Properties For Sale ..............................

104

125

112

75

-27.9%

Days on Market (Pending Sale) .............

73

30

67

62

-15.1%

Month’s Supply of Inventory .................

6.1

3.9

4.3

3.1

-48.9%

Percent Under Contract .......................

20.2%

26.4%

33.9%

18.7%

-7.6%

$807,446

$834,250

$812,667

$820,781

1.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT NOV

$712

DEC

$848,000

JAN FEB

MEDIAN SALES PRICE

MAR

$359

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$848 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LAGUNA WOODS

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

Median Price ......................................

$0

$0

$0

$975,000

n/a

Average Price per Square Foot ..............

$0

$0

$0

$546

n/a

Properties Sold ...................................

0

0

0

1

n/a

Properties Pending Sale .......................

0

0

0

1

n/a

Properties For Sale ..............................

1

0

0

2

100.0%

Days on Market (Pending Sale) .............

0

0

0

15

n/a

Month’s Supply of Inventory .................

n/a

n/a

n/a

2

n/a

Percent Under Contract .......................

0.0%

n/a

n/a

50.0%

n/a

$129,917

$975,000

$975,000

$975,000

650.5%

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 NOV DEC

$975,000

JAN FEB

MEDIAN SALES PRICE

MAR

$546

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$975 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LANTERN VILLAGE IN DANA POINT

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

Median Price ......................................

$840,000

$1,646,500

$1,110,000

$970,000

15.5%

Average Price per Square Foot ..............

$521

$851

$568

$508

-2.5%

Properties Sold ...................................

9

2

6

8

-11.1%

Properties Pending Sale .......................

3

4

6

3

0.0%

Properties For Sale ..............................

20

23

33

22

10.0%

Days on Market (Pending Sale) .............

39

14

17

51

30.8%

Month’s Supply of Inventory .................

2.2

11.5

5.5

2.8

23.8%

Percent Under Contract .......................

15.0%

17.4%

18.2%

13.6%

-9.1%

$918,292

$1,022,500

$999,167

$1,021,423

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 NOV

$840

DEC

$970,000

JAN FEB

MEDIAN SALES PRICE

MAR

$508

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$970 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

LOWER NEWPORT BAY - BALBOA ISLAND

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

Median Price ......................................

$2,880,000

$2,929,350

$3,800,000

$3,705,000

28.6%

Average Price per Square Foot ..............

$1,187

$1,201

$1,224

$1,281

7.9%

Properties Sold ...................................

6

8

6

7

16.7%

Properties Pending Sale .......................

5

8

2

5

0.0%

Properties For Sale ..............................

31

37

35

31

0.0%

Days on Market (Pending Sale) .............

85

54

101

94

10.6%

Month’s Supply of Inventory .................

5.2

4.6

5.8

4.4

-14.3%

Percent Under Contract .......................

16.1%

21.6%

5.7%

16.1%

0.0%

$3,044,375

$3,677,917

$3,760,000

$3,434,358

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 NOV

$2.880

DEC

$3,705,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,281

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$3.705 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : November 2017

MISSION VIEJO

DATA*

Nov 2016

6 MONTH

3 MONTH

Nov 2017

% CHANGE

Median Price ......................................

$699,000

$750,000

$740,000

$735,000

5.2%

Average Price per Square Foot ..............

$356

$357

$369

$381

7.0%

Properties Sold ...................................

75

101

98