micro market report luxury real estate market research September 2015 | LOS ANGELES, ORANGE, SANTA BARBARA, MONTEREY, & 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:
DAYS OF MARKET (PENDING SALE):
A value that separates the upper half
The number of days that properties
of prices from the lower half of prices.
currently in escrow were on the market.
It can be interpreted like an average, however the extreme prices (high and
MONTH’S SUPPLY OF INVENTORY:
low) don’t hold undue influence.
The number of months it would take to sell all the properties listed for sale at
AVERAGE PRICE PER SQUARE FOOT:
the current pace of sales and if no new
The price of each property divided by
listings entered the market.
their respective square footage then averaged across all properties sold in
PERCENT UNDER CONTRACT:
the area for a given time period.
The ratio of properties for sale to properties pending sale.
PROPERTIES SOLD:
The number of property transactions
AVERAGE MEDIAN PRICE FOR LAST 12:
that closed and transferred ownership.
The Average Median Price for the Last 12 Months is sales data from 12 months
PROPERTIES PENDING SALE:
The number of properties that entered escrow in preparation for sale. PROPERTIES FOR SALE:
The number of properties on the market and seeking buyers.
ending in the identified month.
Los Angeles County
Los Angeles County Macro
Mid Los Angeles
Palos Verdes Estates
North Hollywood
Bel Air - Holmby Hills
Mid Wilshire
Rancho Palos Verdes
Shadow Hills
Beverly Center - Miracle Mile
Pacific Palisades
Redondo Beach - North
Sherman Oaks
Beverly Hills
Palms - Mar Vista
Redondo Beach - South
Studio City
Beverly Hills P.O.
Playa del Rey
Rolling Hills
Sun Valley
Beverlywood
Playa Vista
Rolling Hills Estates
Sunland - Tujunga
Brentwood
Santa Monica
San Pedro
Tarzana
Cheviot Hills - Rancho Park
Sunset Strip - Hollywood Hills West
Torrance - County Strip
Toluca Lake
Culver City
Venice
Torrance - North
Valley Village
Hancock Park - Wilshire
West Hollywood
Torrance - Southeast
Woodland Hills
Hollywood
West Los Angeles
Torrance - South
San Gabriel Valley Macro
Hollywood Hills East
Westchester
Torrance - West
Altadena
Laurel Canyon
Westwood - Century City
San Fernando Macro
Arcadia
Los Feliz
South Bay Macro
Burbank
Duarte
Malibu
El Segundo
Encino
Eagle Rock
Malibu Beach
Hermosa Beach
Glendale
La Canada Flintridge
Marina del Rey
Manhattan Beach
La Crescenta
Monrovia
Micro Market Report : September 2015
telesproperties.com
County: LOS ANGELES Area: 4,752 SQ MILES Founded: 1850
Pasadena San Gabriel San Marino Sierra Madre South Pasadena
Micro Market Report : September 2015
telesproperties.com
Los Angeles County DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$530,000
$516,000
$550,000
$545,000
2.8%
Average Price per Square Foot ...........................
$425
$411
$439
$413
-2.8%
Properties Sold .......................................................
3814
4033
3697
4350
14.1%
Properties Pending Sale .......................................
3786
5507
4421
4575
20.8%
Properties For Sale ................................................
20,851
18,001
17,472
19,384
-7.0%
Days on Market (Pending Sale) ...........................
60
47
39
46
-23.3%
Month’s Supply of Inventory ................................
5.5
4.5
4.7
4.5
-18.5%
Percent Under Contract ........................................
18.2%
30.6%
25.3%
23.6%
30.0%
Average Median Price for Last 12 Months ........
$537,583
$545,663
$550,325
$528,895
-1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$530
OCT
$545,000
NOV DEC
MEDIAN SALES PRICE
JAN
$413
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$545 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Bel-Air Holmby Hills DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$3,105,000
$2,712,500
$2,418,750
$2,175,000
-30.0%
Average Price per Square Foot ...........................
$829
$1,092
$973
$808
-2.5%
Properties Sold .......................................................
9
18
20
15
66.7%
Properties Pending Sale .......................................
7
16
20
16
128.6%
Properties For Sale ................................................
129
117
140
134
3.9%
Days on Market (Pending Sale) ...........................
60
75
82
74
23.3%
Month’s Supply of Inventory ................................
14.3
6.5
7
8.9
-37.7%
Percent Under Contract ........................................
5.4%
13.7%
14.3%
11.9%
120.0%
Average Median Price for Last 12 Months ........
$2,533,033
$2,214,375
$2,043,333
$2,156,654
-17.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $3.105
SEP OCT
$2,175,000
NOV DEC
MEDIAN SALES PRICE
JAN
$808
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
8.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.175 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Beverly Center - Miracle Mile DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,580,250
$1,406,000
$1,520,000
$1,575,000
-0.3%
Average Price per Square Foot ...........................
$740
$672
$634
$727
-1.8%
Properties Sold .......................................................
16
19
20
6
-62.5%
Properties Pending Sale .......................................
20
26
22
9
-55.0%
Properties For Sale ................................................
70
62
73
59
-15.7%
Days on Market (Pending Sale) ...........................
41
49
43
34
-17.1%
Month’s Supply of Inventory ................................
4.4
3.3
3.6
9.8
124.8%
Percent Under Contract ........................................
28.6%
41.9%
30.1%
15.3%
-46.6%
Average Median Price for Last 12 Months ........
$1,332,958
$1,569,500
$1,675,667
$1,460,171
8.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.580
OCT
$1,575,000
NOV DEC
MEDIAN SALES PRICE
JAN
$727
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.575 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Beverly Hills DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$3,082,500
$3,955,000
$3,435,000
$8,950,000
190.3%
Average Price per Square Foot ...........................
$1,325
$1,582
$1,365
$1,625
22.6%
Properties Sold .......................................................
14
8
18
11
-21.4%
Properties Pending Sale .......................................
12
12
28
10
-16.7%
Properties For Sale ................................................
97
92
98
105
8.2%
Days on Market (Pending Sale) ...........................
93
60
55
75
-19.4%
Month’s Supply of Inventory ................................
6.9
11.5
5.4
9.5
37.8%
Percent Under Contract ........................................
12.4%
13.0%
28.6%
9.5%
-23.0%
Average Median Price for Last 12 Months ........
$4,715,671
$5,457,083
$6,152,500
$5,040,833
6.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$3.082
OCT
$8,950,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,625
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$8.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Beverly Hills- Post Office DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$4,090,000
$1,400,000
$3,597,500
$2,025,000
-50.5%
Average Price per Square Foot ...........................
$1,096
$761
$876
$1,072
-2.2%
Properties Sold .......................................................
6
14
18
16
166.7%
Properties Pending Sale .......................................
11
17
22
16
45.5%
Properties For Sale ................................................
127
143
142
160
26.0%
Days on Market (Pending Sale) ...........................
80
80
57
86
7.5%
Month’s Supply of Inventory ................................
21.2
10.2
7.9
10
-52.8%
Percent Under Contract ........................................
8.7%
11.9%
15.5%
10.0%
15.5%
Average Median Price for Last 12 Months ........
$2,321,000
$2,645,500
$2,504,333
$2,528,292
8.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $4.090
SEP OCT
$2,025,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,072
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
10 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.025 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Beverlywood DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,015,000
$910,000
$1,228,500
$1,055,500
4.0%
Average Price per Square Foot ...........................
$618
$571
$632
$686
11.0%
Properties Sold .......................................................
12
19
18
16
33.3%
Properties Pending Sale .......................................
19
18
21
14
-26.3%
Properties For Sale ................................................
58
49
59
66
13.8%
Days on Market (Pending Sale) ...........................
46
34
28
36
-21.7%
Month’s Supply of Inventory ................................
4.8
2.6
3.3
4.1
-14.7%
Percent Under Contract ........................................
32.8%
36.7%
35.6%
21.2%
-35.2%
Average Median Price for Last 12 Months ........
$948,125
$1,121,000
$1,192,833
$994,177
4.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.015
OCT
$1,055,500
NOV DEC
MEDIAN SALES PRICE
JAN
$686
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.055 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Brentwood DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$3,151,500
$3,433,391
$2,825,000
$3,492,500
10.8%
Average Price per Square Foot ...........................
$979
$743
$998
$946
-3.4%
Properties Sold .......................................................
18
11
21
14
-22.2%
Properties Pending Sale .......................................
20
24
27
23
15.0%
Properties For Sale ................................................
112
124
144
150
33.9%
Days on Market (Pending Sale) ...........................
58
51
56
54
-6.9%
Month’s Supply of Inventory ................................
6.2
11.3
6.9
10.7
72.2%
Percent Under Contract ........................................
17.9%
19.4%
18.8%
15.3%
-14.1%
Average Median Price for Last 12 Months ........
$2,596,318
$2,881,792
$2,859,417
$2,798,041
7.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$3.151
OCT
$3,492,500
NOV DEC
MEDIAN SALES PRICE
JAN
$946
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
10.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$3.492 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Cheviot Hills - Rancho Park DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$2,022,500
$1,165,000
$1,849,000
$2,296,580
13.6%
Average Price per Square Foot ...........................
$739
$706
$731
$799
8.1%
Properties Sold .......................................................
2
3
8
9
350.0%
Properties Pending Sale .......................................
7
10
8
3
-57.1%
Properties For Sale ................................................
24
21
22
24
0.0%
Days on Market (Pending Sale) ...........................
26
47
25
29
11.5%
Month’s Supply of Inventory ................................
12
7
2.8
2.7
-77.8%
Percent Under Contract ........................................
29.2%
47.6%
36.4%
12.5%
-57.1%
Average Median Price for Last 12 Months ........
$1,582,158
$1,876,763
$1,943,860
$1,710,715
7.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.022
OCT
$2,296,580
NOV DEC
MEDIAN SALES PRICE
JAN
$799
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.296 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Culver City DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$813,000
$991,000
$1,038,000
$1,035,000
27.3%
Average Price per Square Foot ...........................
$583
$630
$610
$653
12.0%
Properties Sold .......................................................
20
17
18
25
25.0%
Properties Pending Sale .......................................
17
21
28
21
23.5%
Properties For Sale ................................................
44
56
70
78
77.3%
Days on Market (Pending Sale) ...........................
41
23
31
32
-22.0%
Month’s Supply of Inventory ................................
2.2
3.3
3.9
3.1
41.8%
Percent Under Contract ........................................
38.6%
37.5%
40.0%
26.9%
-30.3%
Average Median Price for Last 12 Months ........
$819,760
$1,023,167
$1,038,333
$957,833
14.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$813
OCT
$1,035,000
NOV DEC
MEDIAN SALES PRICE
JAN
$653
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.035 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Hancock Park - Wilshire DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,330,000
$1,087,500
$1,200,000
$1,317,000
-1.0%
Average Price per Square Foot ...........................
$562
$580
$703
$593
5.5%
Properties Sold .......................................................
13
16
24
15
15.4%
Properties Pending Sale .......................................
19
32
26
25
31.6%
Properties For Sale ................................................
106
109
126
136
28.3%
Days on Market (Pending Sale) ...........................
59
40
50
36
-39.0%
Month’s Supply of Inventory ................................
8.2
6.8
5.2
9.1
11.2%
Percent Under Contract ........................................
17.9%
29.4%
20.6%
18.4%
2.6%
Average Median Price for Last 12 Months ........
$1,279,813
$1,380,000
$1,447,333
$1,446,000
11.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.330
OCT
$1,317,000
NOV DEC
MEDIAN SALES PRICE
JAN
$593
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.317 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Hollywood DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$662,500
$855,000
$742,362
$690,000
4.2%
Average Price per Square Foot ...........................
$542
$876
$569
$511
-5.7%
Properties Sold .......................................................
4
9
13
5
25.0%
Properties Pending Sale .......................................
8
7
15
2
-75.0%
Properties For Sale ................................................
27
40
45
36
33.3%
Days on Market (Pending Sale) ...........................
23
17
33
33
43.5%
Month’s Supply of Inventory ................................
6.8
4.4
3.5
7.2
6.7%
Percent Under Contract ........................................
29.6%
17.5%
33.3%
5.6%
-81.2%
Average Median Price for Last 12 Months ........
$801,182
$823,310
$824,167
$836,614
4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$662
OCT
$690,000
NOV DEC
MEDIAN SALES PRICE
JAN
$511
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$690 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Hollywood Hills East DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,166,000
$1,170,660
$1,298,500
$1,034,500
-11.3%
Average Price per Square Foot ...........................
$496
$554
$613
$544
9.7%
Properties Sold .......................................................
11
11
14
10
-9.1%
Properties Pending Sale .......................................
13
14
22
14
7.7%
Properties For Sale ................................................
67
52
91
69
3.0%
Days on Market (Pending Sale) ...........................
68
116
60
48
-29.4%
Month’s Supply of Inventory ................................
5.2
3.7
4.1
6.9
33.9%
Percent Under Contract ........................................
19.4%
26.9%
24.2%
20.3%
4.6%
Average Median Price for Last 12 Months ........
$1,178,527
$1,255,083
$1,204,833
$1,202,205
2.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.166
OCT
$1,034,500
NOV DEC
MEDIAN SALES PRICE
JAN
$544
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.034 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Laurel Canyon DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,450,000
$1,645,000
$1,484,678
$1,230,000
-15.2%
Average Price per Square Foot ...........................
$722
$681
$746
$730
1.1%
Properties Sold .......................................................
23
20
18
20
-13.0%
Properties Pending Sale .......................................
28
28
18
21
-25.0%
Properties For Sale ................................................
141
135
51
149
5.7%
Days on Market (Pending Sale) ...........................
54
53
43
74
37.0%
Month’s Supply of Inventory ................................
5
4.8
2.8
7.4
47.9%
Percent Under Contract ........................................
19.9%
20.7%
35.3%
14.1%
-29.0%
Average Median Price for Last 12 Months ........
$1,331,486
$1,483,780
$1,403,667
$1,456,057
8.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.450
OCT
$1,230,000
NOV DEC
MEDIAN SALES PRICE
JAN
$730
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.230 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Los Feliz DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,441,000
$1,250,000
$1,650,000
$1,285,000
-10.8%
Average Price per Square Foot ...........................
$615
$631
$636
$640
4.1%
Properties Sold .......................................................
16
15
17
19
18.8%
Properties Pending Sale .......................................
17
22
21
19
11.8%
Properties For Sale ................................................
79
63
92
96
21.5%
Days on Market (Pending Sale) ...........................
32
78
35
84
162.5%
Month’s Supply of Inventory ................................
4.6
2.9
4.4
5.1
8.7%
Percent Under Contract ........................................
21.5%
34.9%
22.8%
19.8%
-8.0%
Average Median Price for Last 12 Months ........
$1,214,490
$1,329,792
$1,401,250
$1,345,163
9.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.441
OCT
$1,285,000
NOV DEC
MEDIAN SALES PRICE
JAN
$640
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.285 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Malibu DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$3,250,000
$2,125,000
$3,150,000
$2,584,582
-20.5%
Average Price per Square Foot ...........................
$1,317
$726
$931
$835
-36.6%
Properties Sold .......................................................
15
15
18
16
6.7%
Properties Pending Sale .......................................
16
16
12
14
-12.5%
Properties For Sale ................................................
211
195
215
230
9.0%
Days on Market (Pending Sale) ...........................
127
108
76
168
32.3%
Month’s Supply of Inventory ................................
14.1
13
11.9
14.4
2.2%
Percent Under Contract ........................................
7.6%
8.2%
5.6%
6.1%
-19.7%
Average Median Price for Last 12 Months ........
$2,311,741
$2,421,794
$2,419,861
$2,318,215
0.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $3.250
SEP OCT
$2,584,582
NOV DEC
MEDIAN SALES PRICE
JAN
$835
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
14.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.584 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Malibu Beach DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$7,950,000
$3,750,000
$3,150,000
$7,875,000
-0.9%
Average Price per Square Foot ...........................
$2,488
$1,764
$1,868
$2,776
11.6%
Properties Sold .......................................................
3
3
7
4
33.3%
Properties Pending Sale .......................................
4
5
5
6
50.0%
Properties For Sale ................................................
72
75
83
80
11.1%
Days on Market (Pending Sale) ...........................
192
193
142
160
-16.7%
Month’s Supply of Inventory ................................
24
25
11.9
20
-16.7%
Percent Under Contract ........................................
5.6%
6.7%
6.0%
7.5%
35.0%
Average Median Price for Last 12 Months ........
$6,819,490
$5,710,417
$6,920,833
$6,153,333
-10.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$7.950
OCT
$7,875,000
NOV DEC
MEDIAN SALES PRICE
JAN
$2,776
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
20 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$7.875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Marina Del Rey DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,557,500
$1,200,000
$1,265,000
$1,546,750
-0.7%
Average Price per Square Foot ...........................
$602
$616
$817
$792
31.6%
Properties Sold .......................................................
6
7
3
6
0.0%
Properties Pending Sale .......................................
4
4
3
3
-25.0%
Properties For Sale ................................................
24
13
22
23
-4.2%
Days on Market (Pending Sale) ...........................
45
48
50
54
20.0%
Month’s Supply of Inventory ................................
4
1.9
7.3
3.8
-4.2%
Percent Under Contract ........................................
16.7%
30.8%
13.6%
13.0%
-21.7%
Average Median Price for Last 12 Months ........
$1,567,708
$1,566,208
$1,696,583
$1,570,673
0.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.557
OCT
$1,546,750
NOV DEC
MEDIAN SALES PRICE
JAN
$792
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.546 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Mid Los Angeles DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$580,000
$450,000
$580,000
$568,500
-2.0%
Average Price per Square Foot ...........................
$387
$298
$387
$346
-10.6%
Properties Sold .......................................................
12
32
35
36
200.0%
Properties Pending Sale .......................................
20
33
45
40
100.0%
Properties For Sale ................................................
84
135
136
142
69.0%
Days on Market (Pending Sale) ...........................
32
43
39
40
25.0%
Month’s Supply of Inventory ................................
7
4.2
3.9
3.9
-43.7%
Percent Under Contract ........................................
23.8%
24.4%
33.1%
28.2%
18.3%
Average Median Price for Last 12 Months ........
$454,596
$542,250
$559,500
$502,717
9.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$580
OCT
$568,500
NOV DEC
MEDIAN SALES PRICE
JAN
$346
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$568 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Mid Wilshire DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$739,500
$522,500
$750,000
$988,000
33.6%
Average Price per Square Foot ...........................
$343
$456
$312
$443
29.2%
Properties Sold .......................................................
4
2
3
2
-50.0%
Properties Pending Sale .......................................
3
10
6
3
0.0%
Properties For Sale ................................................
11
34
24
29
163.6%
Days on Market (Pending Sale) ...........................
84
58
40
23
-72.6%
Month’s Supply of Inventory ................................
2.8
17
8
14.5
427.3%
Percent Under Contract ........................................
27.3%
29.4%
25.0%
10.3%
-62.1%
Average Median Price for Last 12 Months ........
$654,667
$828,917
$875,167
$676,167
3.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$739
OCT
$988,000
NOV DEC
MEDIAN SALES PRICE
JAN
$443
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
14.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$988 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Pacific Palisades DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$2,410,000
$3,475,000
$2,547,500
$2,842,500
17.9%
Average Price per Square Foot ...........................
$1,025
$924
$921
$1,024
-0.1%
Properties Sold .......................................................
24
25
30
22
-8.3%
Properties Pending Sale .......................................
28
37
30
21
-25.0%
Properties For Sale ................................................
120
125
144
134
11.7%
Days on Market (Pending Sale) ...........................
68
61
48
60
-11.8%
Month’s Supply of Inventory ................................
5
5
4.8
6.1
21.8%
Percent Under Contract ........................................
23.3%
29.6%
20.8%
15.7%
-32.8%
Average Median Price for Last 12 Months ........
$2,606,772
$2,819,167
$2,897,500
$2,680,533
2.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.410
OCT
$2,842,500
NOV DEC
MEDIAN SALES PRICE
JAN
$1,024
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.842 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Palms - Mar Vista DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$945,000
$1,195,000
$1,115,000
$1,225,000
29.6%
Average Price per Square Foot ...........................
$621
$712
$765
$725
16.7%
Properties Sold .......................................................
17
25
37
25
47.1%
Properties Pending Sale .......................................
28
38
45
23
-17.9%
Properties For Sale ................................................
85
90
93
84
-1.2%
Days on Market (Pending Sale) ...........................
42
46
43
29
-31.0%
Month’s Supply of Inventory ................................
5
3.6
2.5
3.4
-32.8%
Percent Under Contract ........................................
32.9%
42.2%
48.4%
27.4%
-16.9%
Average Median Price for Last 12 Months ........
$1,001,239
$1,201,979
$1,229,167
$1,159,585
13.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$945
OCT
$1,225,000
NOV DEC
MEDIAN SALES PRICE
JAN
$725
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.225 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Playa Del Rey DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,299,000
$2,295,000
$1,975,000
$1,450,500
11.7%
Average Price per Square Foot ...........................
$583
$527
$715
$540
-7.4%
Properties Sold .......................................................
5
7
2
4
-20.0%
Properties Pending Sale .......................................
3
6
1
4
33.3%
Properties For Sale ................................................
17
14
11
15
-11.8%
Days on Market (Pending Sale) ...........................
50
108
13
51
2.0%
Month’s Supply of Inventory ................................
3.4
2
5.5
3.8
10.3%
Percent Under Contract ........................................
17.6%
42.9%
9.1%
26.7%
51.1%
Average Median Price for Last 12 Months ........
$1,169,576
$1,948,417
$1,405,167
$1,717,542
31.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.299
OCT
$1,450,500
NOV DEC
MEDIAN SALES PRICE
JAN
$540
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Playa Vista DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,555,000
$1,835,000
$2,070,000
$1,754,000
12.8%
Average Price per Square Foot ...........................
$450
$480
$543
$520
15.6%
Properties Sold .......................................................
1
2
1
2
100.0%
Properties Pending Sale .......................................
5
4
1
0
-100.0%
Properties For Sale ................................................
8
7
9
2
-75.0%
Days on Market (Pending Sale) ...........................
63
56
78
0
-100.0%
Month’s Supply of Inventory ................................
8
3.5
9
1
-87.5%
Percent Under Contract ........................................
62.5%
57.1%
11.1%
0.0%
-100.0%
Average Median Price for Last 12 Months ........
$700,708
$1,725,375
$1,525,500
$1,683,000
58.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.555
OCT
$1,754,000
NOV DEC
MEDIAN SALES PRICE
JAN
$520
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.754 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Santa Monica DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,929,500
$2,165,000
$1,975,000
$1,505,000
-22.0%
Average Price per Square Foot ...........................
$1,013
$1,336
$1,088
$1,049
3.6%
Properties Sold .......................................................
24
18
28
11
-54.2%
Properties Pending Sale .......................................
24
26
35
12
-50.0%
Properties For Sale ................................................
82
88
101
103
25.6%
Days on Market (Pending Sale) ...........................
45
29
31
23
-48.9%
Month’s Supply of Inventory ................................
3.4
4.9
3.6
9.4
174.1%
Percent Under Contract ........................................
29.3%
29.5%
34.7%
11.7%
-60.2%
Average Median Price for Last 12 Months ........
$1,868,229
$2,203,730
$2,054,127
$2,289,552
18.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.929
OCT
$1,505,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,049
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.505 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Sunset Strip - Hollywood Hills West DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,850,000
$1,660,000
$1,765,000
$1,505,000
-18.6%
Average Price per Square Foot ...........................
$822
$719
$830
$702
-14.6%
Properties Sold .......................................................
31
31
41
32
3.2%
Properties Pending Sale .......................................
40
37
58
32
-20.0%
Properties For Sale ................................................
259
276
333
314
21.2%
Days on Market (Pending Sale) ...........................
81
50
51
63
-22.2%
Month’s Supply of Inventory ................................
8.4
8.9
8.1
9.8
17.4%
Percent Under Contract ........................................
15.4%
13.4%
17.4%
10.2%
-34.0%
Average Median Price for Last 12 Months ........
$1,624,115
$1,695,075
$1,647,667
$1,723,915
5.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.850
OCT
$1,505,000
NOV DEC
MEDIAN SALES PRICE
JAN
$702
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.505 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Venice DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,400,000
$1,695,000
$1,809,670
$1,687,500
20.5%
Average Price per Square Foot ...........................
$887
$1,025
$1,018
$1,038
17.0%
Properties Sold .......................................................
7
19
21
20
185.7%
Properties Pending Sale .......................................
16
14
23
17
6.2%
Properties For Sale ................................................
59
72
83
90
52.5%
Days on Market (Pending Sale) ...........................
89
65
57
43
-51.7%
Month’s Supply of Inventory ................................
8.4
3.8
4
4.5
-46.6%
Percent Under Contract ........................................
27.1%
19.4%
27.7%
18.9%
-30.3%
Average Median Price for Last 12 Months ........
$1,502,221
$1,885,266
$1,743,975
$1,739,289
15.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.400
OCT
$1,687,500
NOV DEC
MEDIAN SALES PRICE
JAN
$1,038
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.687 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
West Hollywood DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,280,000
$1,477,500
$1,299,000
$1,325,000
3.5%
Average Price per Square Foot ...........................
$799
$770
$807
$904
13.1%
Properties Sold .......................................................
10
14
9
11
10.0%
Properties Pending Sale .......................................
7
20
11
12
71.4%
Properties For Sale ................................................
46
53
49
61
32.6%
Days on Market (Pending Sale) ...........................
94
42
32
52
-44.7%
Month’s Supply of Inventory ................................
4.6
3.8
5.4
5.5
20.6%
Percent Under Contract ........................................
15.2%
37.7%
22.4%
19.7%
29.3%
Average Median Price for Last 12 Months ........
$1,180,356
$1,471,333
$1,321,167
$1,433,708
17.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.280
OCT
$1,325,000
NOV DEC
MEDIAN SALES PRICE
JAN
$904
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.325 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
West Los Angeles DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$890,000
$944,000
$930,775
$1,065,000
19.7%
Average Price per Square Foot ...........................
$627
$710
$606
$622
-0.8%
Properties Sold .......................................................
11
6
15
9
-18.2%
Properties Pending Sale .......................................
11
11
12
9
-18.2%
Properties For Sale ................................................
40
37
36
35
-12.5%
Days on Market (Pending Sale) ...........................
27
53
43
39
44.4%
Month’s Supply of Inventory ................................
3.6
6.2
2.4
3.9
6.9%
Percent Under Contract ........................................
27.5%
29.7%
33.3%
25.7%
-6.5%
Average Median Price for Last 12 Months ........
$846,667
$1,000,463
$1,055,000
$959,161
13.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$890
OCT
$1,065,000
NOV DEC
MEDIAN SALES PRICE
JAN
$622
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.065 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Westchester DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$897,500
$855,000
$992,500
$912,000
1.6%
Average Price per Square Foot ...........................
$530
$544
$576
$581
9.6%
Properties Sold .......................................................
24
23
37
21
-12.5%
Properties Pending Sale .......................................
16
27
31
22
37.5%
Properties For Sale ................................................
59
58
73
68
15.3%
Days on Market (Pending Sale) ...........................
38
29
37
29
-23.7%
Month’s Supply of Inventory ................................
2.5
2.5
2
3.2
31.7%
Percent Under Contract ........................................
27.1%
46.6%
42.5%
32.4%
19.3%
Average Median Price for Last 12 Months ........
$813,189
$929,500
$922,167
$898,447
10.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$897
OCT
$912,000
NOV DEC
MEDIAN SALES PRICE
JAN
$581
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$912 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Westwood - Century City DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,905,000
$1,997,500
$1,711,000
$2,100,000
10.2%
Average Price per Square Foot ...........................
$752
$827
$837
$767
2.0%
Properties Sold .......................................................
18
8
11
15
-16.7%
Properties Pending Sale .......................................
16
15
19
12
-25.0%
Properties For Sale ................................................
65
46
69
73
12.3%
Days on Market (Pending Sale) ...........................
42
32
27
41
-2.4%
Month’s Supply of Inventory ................................
3.6
5.8
6.3
4.9
34.8%
Percent Under Contract ........................................
24.6%
32.6%
27.5%
16.4%
-33.2%
Average Median Price for Last 12 Months ........
$1,721,583
$1,707,896
$1,739,167
$1,706,052
-0.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.905
OCT
$2,100,000
NOV DEC
MEDIAN SALES PRICE
JAN
$767
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.100 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
South Bay Macro Market DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,195,250
$1,235,517
$1,237,382
$1,109,943
-7.1%
Average Price per Square Foot ...........................
$561
$608
$559
$601
7.1%
Properties Sold .......................................................
213
211
294
251
17.8%
Properties Pending Sale .......................................
229
281
280
257
12.2%
Properties For Sale ................................................
903
793
917
998
10.5%
Days on Market (Pending Sale) ...........................
61
40
51
47
-22.9%
Month’s Supply of Inventory ................................
4.2
3.8
3.1
4
-6.2%
Percent Under Contract ........................................
25.4%
35.4%
30.5%
25.8%
1.5%
Average Median Price for Last 12 Months ........
$1,060,606
$1,245,081
$1,259,448
$1,225,589
15.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.195
OCT
$1,109,943
NOV DEC
MEDIAN SALES PRICE
JAN
$601
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.109 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
El Segundo DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$777,500
$909,250
$942,500
$1,050,000
35.0%
Average Price per Square Foot ...........................
$800
$542
$595
$582
-27.3%
Properties Sold .......................................................
2
6
6
6
200.0%
Properties Pending Sale .......................................
1
5
4
6
500.0%
Properties For Sale ................................................
9
14
22
21
133.3%
Days on Market (Pending Sale) ...........................
127
17
14
52
-59.1%
Month’s Supply of Inventory ................................
4.5
2.3
3.7
3.5
-22.2%
Percent Under Contract ........................................
11.1%
35.7%
18.2%
28.6%
157.1%
Average Median Price for Last 12 Months ........
$868,097
$1,012,792
$1,085,000
$1,027,708
18.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$777
OCT
$1,050,000
NOV DEC
MEDIAN SALES PRICE
JAN
$582
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.050 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Hermosa Beach DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,029,000
$1,972,500
$1,361,250
$1,787,000
73.7%
Average Price per Square Foot ...........................
$808
$1,310
$769
$1,419
75.6%
Properties Sold .......................................................
10
12
12
7
-30.0%
Properties Pending Sale .......................................
9
11
5
11
22.2%
Properties For Sale ................................................
38
28
36
41
7.9%
Days on Market (Pending Sale) ...........................
30
37
54
50
66.7%
Month’s Supply of Inventory ................................
3.8
2.3
3
5.9
54.1%
Percent Under Contract ........................................
23.7%
39.3%
13.9%
26.8%
13.3%
Average Median Price for Last 12 Months ........
$1,276,813
$1,818,917
$1,783,250
$1,689,246
32.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.029
OCT
$1,787,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,419
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.787 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Manhattan Beach DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,780,000
$2,205,000
$2,555,000
$2,075,000
16.6%
Average Price per Square Foot ...........................
$928
$994
$912
$1,031
11.1%
Properties Sold .......................................................
22
24
27
32
45.5%
Properties Pending Sale .......................................
30
28
29
31
3.3%
Properties For Sale ................................................
85
87
108
108
27.1%
Days on Market (Pending Sale) ...........................
56
23
32
34
-39.3%
Month’s Supply of Inventory ................................
3.9
3.6
4
3.4
-12.6%
Percent Under Contract ........................................
35.3%
32.2%
26.9%
28.7%
-18.7%
Average Median Price for Last 12 Months ........
$2,170,521
$2,205,417
$2,140,833
$2,106,250
-3.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.780
OCT
$2,075,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,031
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.075 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Palos Verdes Estates DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$3,000,000
$1,797,500
$2,025,000
$1,661,700
-44.6%
Average Price per Square Foot ...........................
$827
$627
$707
$674
-18.5%
Properties Sold .......................................................
13
14
23
17
30.8%
Properties Pending Sale .......................................
17
18
20
12
-29.4%
Properties For Sale ................................................
86
65
82
78
-9.3%
Days on Market (Pending Sale) ...........................
61
45
39
47
-23.0%
Month’s Supply of Inventory ................................
6.6
4.6
3.6
4.6
-30.6%
Percent Under Contract ........................................
19.8%
27.7%
24.4%
15.4%
-22.2%
Average Median Price for Last 12 Months ........
$1,719,833
$1,870,867
$1,919,233
$1,720,465
0.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $3.000
SEP OCT
$1,661,700
NOV DEC
MEDIAN SALES PRICE
JAN
$674
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.661 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Rancho Palos Verdes DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,195,999
$1,085,000
$1,265,000
$1,194,000
-0.2%
Average Price per Square Foot ...........................
$533
$512
$508
$501
-6.0%
Properties Sold .......................................................
35
33
49
35
0.0%
Properties Pending Sale .......................................
41
46
42
32
-22.0%
Properties For Sale ................................................
156
140
162
181
16.0%
Days on Market (Pending Sale) ...........................
55
48
69
53
-3.6%
Month’s Supply of Inventory ................................
4.5
4.2
3.3
5.2
16.0%
Percent Under Contract ........................................
26.3%
32.9%
25.9%
17.7%
-32.7%
Average Median Price for Last 12 Months ........
$1,179,242
$1,193,583
$1,194,667
$1,170,958
-0.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.195
OCT
$1,194,000
NOV DEC
MEDIAN SALES PRICE
JAN
$501
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.194 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Redondo Beach- North DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$869,500
$925,000
$920,075
$930,000
7.0%
Average Price per Square Foot ...........................
$445
$505
$537
$570
28.1%
Properties Sold .......................................................
18
14
28
22
22.2%
Properties Pending Sale .......................................
12
18
25
15
25.0%
Properties For Sale ................................................
39
36
54
48
23.1%
Days on Market (Pending Sale) ...........................
32
40
30
38
18.8%
Month’s Supply of Inventory ................................
2.2
2.6
1.9
2.2
0.7%
Percent Under Contract ........................................
30.8%
50.0%
46.3%
31.2%
1.6%
Average Median Price for Last 12 Months ........
$766,233
$886,179
$889,000
$858,548
12.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$869
OCT
$930,000
NOV DEC
MEDIAN SALES PRICE
JAN
$570
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$930 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Redondo Beach- South DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,120,500
$1,075,000
$1,106,500
$1,278,000
14.1%
Average Price per Square Foot ...........................
$562
$652
$718
$640
13.9%
Properties Sold .......................................................
14
16
14
14
0.0%
Properties Pending Sale .......................................
17
14
14
24
41.2%
Properties For Sale ................................................
59
42
48
65
10.2%
Days on Market (Pending Sale) ...........................
35
23
34
34
-2.9%
Month’s Supply of Inventory ................................
4.2
2.6
3.4
4.6
10.2%
Percent Under Contract ........................................
28.8%
33.3%
29.2%
36.9%
28.1%
Average Median Price for Last 12 Months ........
$990,208
$1,215,167
$1,285,167
$1,176,333
18.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.120
OCT
$1,278,000
NOV DEC
MEDIAN SALES PRICE
JAN
$640
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.278 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Rolling Hills DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$3,300,000
$3,400,000
$3,225,000
$0
-100.0%
Average Price per Square Foot ...........................
$649
$945
$604
$0
-100.0%
Properties Sold .......................................................
1
3
4
0
-100.0%
Properties Pending Sale .......................................
3
3
2
4
33.3%
Properties For Sale ................................................
24
20
19
28
16.7%
Days on Market (Pending Sale) ...........................
118
119
264
86
-27.1%
Month’s Supply of Inventory ................................
24
6.7
4.8
0
0%
Percent Under Contract ........................................
12.5%
15.0%
10.5%
14.3%
14.3%
Average Median Price for Last 12 Months ........
$2,249,742
$3,517,000
$4,147,500
$3,374,758
50.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$3.300
OCT
No sales
NOV DEC
MEDIAN SALES PRICE
JAN
No sales
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
No sales MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Rolling Hills Estates DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,221,250
$1,350,000
$1,185,000
$1,725,000
41.2%
Average Price per Square Foot ...........................
$628
$548
$589
$551
-12.3%
Properties Sold .......................................................
6
3
12
8
33.3%
Properties Pending Sale .......................................
5
6
14
6
20.0%
Properties For Sale ................................................
29
18
37
26
-10.3%
Days on Market (Pending Sale) ...........................
50
31
25
66
32.0%
Month’s Supply of Inventory ................................
4.8
6
3.1
3.2
-32.8%
Percent Under Contract ........................................
17.2%
33.3%
37.8%
23.1%
33.8%
Average Median Price for Last 12 Months ........
$1,214,221
$1,507,667
$1,596,583
$1,491,107
22.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.221
OCT
$1,725,000
NOV DEC
MEDIAN SALES PRICE
JAN
$551
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
San Pedro DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$520,000
$533,500
$535,000
$515,000
-1.0%
Average Price per Square Foot ...........................
$341
$389
$348
$389
14.1%
Properties Sold .......................................................
31
28
43
35
12.9%
Properties Pending Sale .......................................
28
39
36
32
14.3%
Properties For Sale ................................................
130
137
136
142
9.2%
Days on Market (Pending Sale) ...........................
44
47
54
55
25.0%
Month’s Supply of Inventory ................................
4.2
4.9
3.2
4.1
-3.3%
Percent Under Contract ........................................
21.5%
28.5%
26.5%
22.5%
4.6%
Average Median Price for Last 12 Months ........
$517,604
$539,833
$529,000
$532,646
2.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$520
OCT
$515,000
NOV DEC
MEDIAN SALES PRICE
JAN
$389
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$515 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Torrance- County Strip DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$418,500
$475,500
$457,500
$489,000
16.8%
Average Price per Square Foot ...........................
$298
$364
$356
$343
15.1%
Properties Sold .......................................................
8
2
10
7
-12.5%
Properties Pending Sale .......................................
7
8
7
7
0.0%
Properties For Sale ................................................
30
23
20
19
-36.7%
Days on Market (Pending Sale) ...........................
43
38
45
39
-9.3%
Month’s Supply of Inventory ................................
3.8
11.5
2
2.7
-27.6%
Percent Under Contract ........................................
23.3%
34.8%
35.0%
36.8%
57.9%
Average Median Price for Last 12 Months ........
$447,625
$475,417
$486,667
$454,354
1.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$418
OCT
$489,000
NOV DEC
MEDIAN SALES PRICE
JAN
$343
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$489 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Torrance- North DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$550,000
$590,000
$580,000
$625,000
13.6%
Average Price per Square Foot ...........................
$377
$422
$402
$403
6.9%
Properties Sold .......................................................
9
18
19
21
133.3%
Properties Pending Sale .......................................
14
18
25
22
57.1%
Properties For Sale ................................................
48
40
49
67
39.6%
Days on Market (Pending Sale) ...........................
62
27
24
35
-43.5%
Month’s Supply of Inventory ................................
5.3
2.2
2.6
3.2
-40.2%
Percent Under Contract ........................................
29.2%
45.0%
51.0%
32.8%
12.6%
Average Median Price for Last 12 Months ........
$539,488
$605,000
$625,000
$591,496
9.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$550
OCT
$625,000
NOV DEC
MEDIAN SALES PRICE
JAN
$403
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$625 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Torrance- South DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$787,500
$777,500
$924,000
$922,000
17.1%
Average Price per Square Foot ...........................
$455
$530
$486
$455
0.0%
Properties Sold .......................................................
14
12
20
22
57.1%
Properties Pending Sale .......................................
17
21
19
20
17.6%
Properties For Sale ................................................
61
45
56
78
27.9%
Days on Market (Pending Sale) ...........................
58
31
25
40
-31.0%
Month’s Supply of Inventory ................................
4.4
3.8
2.8
3.5
-18.6%
Percent Under Contract ........................................
27.9%
46.7%
33.9%
25.6%
-8.0%
Average Median Price for Last 12 Months ........
$724,458
$874,356
$892,750
$835,011
15.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$787
OCT
$922,000
NOV DEC
MEDIAN SALES PRICE
JAN
$455
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$922 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Torrance- Southeast DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$569,000
$610,000
$649,000
$502,500
-11.7%
Average Price per Square Foot ...........................
$378
$417
$407
$366
-3.2%
Properties Sold .......................................................
15
15
16
12
-20.0%
Properties Pending Sale .......................................
15
22
16
18
20.0%
Properties For Sale ................................................
70
54
51
56
-20.0%
Days on Market (Pending Sale) ...........................
88
58
50
43
-51.1%
Month’s Supply of Inventory ................................
4.7
3.6
3.2
4.7
0.0%
Percent Under Contract ........................................
21.4%
40.7%
31.4%
32.1%
50.0%
Average Median Price for Last 12 Months ........
$543,750
$578,958
$557,083
$588,965
8.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$569
OCT
$502,500
NOV DEC
MEDIAN SALES PRICE
JAN
$366
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$502 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Torrance- West DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$790,000
$827,000
$829,900
$785,000
-0.6%
Average Price per Square Foot ...........................
$390
$368
$454
$494
26.7%
Properties Sold .......................................................
15
11
11
13
-13.3%
Properties Pending Sale .......................................
13
24
22
17
30.8%
Properties For Sale ................................................
39
44
37
40
2.6%
Days on Market (Pending Sale) ...........................
61
20
13
37
-39.3%
Month’s Supply of Inventory ................................
2.6
4
3.4
3.1
18.3%
Percent Under Contract ........................................
33.3%
54.5%
59.5%
42.5%
27.5%
Average Median Price for Last 12 Months ........
$701,250
$776,233
$772,500
$765,992
9.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$790
OCT
$785,000
NOV DEC
MEDIAN SALES PRICE
JAN
$494
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$785 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
San Fernando Valley Macro Market DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$728,143
$770,000
$831,357
$803,286
10.3%
Average Price per Square Foot ...........................
$400
$414
$422
$412
3.1%
Properties Sold .......................................................
432
446
510
448
3.7%
Properties Pending Sale .......................................
461
589
599
476
3.3%
Properties For Sale ................................................
1,173
899
1,133
1,128
-3.8%
Days on Market (Pending Sale) ...........................
63
70
50
60
-4.9%
Month’s Supply of Inventory ................................
2.7
2
2.2
2.5
-7.3%
Percent Under Contract ........................................
39.3%
65.5%
52.9%
42.2%
7.4%
Average Median Price for Last 12 Months ........
$752,625
$827,821
$835,571
$796,083
5.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$728
OCT
$803,286
NOV DEC
MEDIAN SALES PRICE
JAN
$412
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$803 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Burbank DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$669,000
$650,000
$675,000
$715,000
6.9%
Average Price per Square Foot ...........................
$408
$431
$461
$485
18.9%
Properties Sold .......................................................
49
51
53
53
8.2%
Properties Pending Sale .......................................
41
73
56
48
17.1%
Properties For Sale ................................................
84
78
106
94
11.9%
Days on Market (Pending Sale) ...........................
49
47
36
44
-10.2%
Month’s Supply of Inventory ................................
1.7
1.5
2
1.8
3.5%
Percent Under Contract ........................................
48.8%
93.6%
52.8%
51.1%
4.6%
Average Median Price for Last 12 Months ........
$636,417
$693,667
$701,000
$672,000
5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$669
OCT
$715,000
NOV DEC
MEDIAN SALES PRICE
JAN
$485
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$715 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Encino DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,083,000
$1,058,000
$1,280,000
$1,250,000
15.4%
Average Price per Square Foot ...........................
$420
$434
$495
$451
7.4%
Properties Sold .......................................................
29
34
45
35
20.7%
Properties Pending Sale .......................................
47
62
69
41
-12.8%
Properties For Sale ................................................
120
118
133
121
0.8%
Days on Market (Pending Sale) ...........................
71
60
59
60
-15.5%
Month’s Supply of Inventory ................................
4.1
3.5
3
3.5
-16.5%
Percent Under Contract ........................................
39.2%
52.5%
51.9%
33.9%
-13.5%
Average Median Price for Last 12 Months ........
$1,022,417
$1,225,292
$1,247,000
$1,139,563
11.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.083
OCT
$1,250,000
NOV DEC
MEDIAN SALES PRICE
JAN
$451
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.250 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Glendale DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$715,000
$785,000
$830,000
$850,000
18.9%
Average Price per Square Foot ...........................
$417
$426
$431
$438
5.0%
Properties Sold .......................................................
49
53
72
53
8.2%
Properties Pending Sale .......................................
50
74
93
61
22.0%
Properties For Sale ................................................
121
99
116
117
-3.3%
Days on Market (Pending Sale) ...........................
60
56
50
39
-35.0%
Month’s Supply of Inventory ................................
2.5
1.9
1.6
2.2
-10.6%
Percent Under Contract ........................................
41.3%
74.7%
80.2%
52.1%
26.2%
Average Median Price for Last 12 Months ........
$721,000
$816,667
$827,000
$779,000
8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$715
OCT
$850,000
NOV DEC
MEDIAN SALES PRICE
JAN
$438
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
La Crescenta DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$760,000
$660,000
$710,000
$842,000
10.8%
Average Price per Square Foot ...........................
$410
$498
$467
$440
7.3%
Properties Sold .......................................................
26
13
23
16
-38.5%
Properties Pending Sale .......................................
20
13
25
20
0.0%
Properties For Sale ................................................
29
27
25
31
6.9%
Days on Market (Pending Sale) ...........................
45
48
43
52
15.6%
Month’s Supply of Inventory ................................
1.1
2.1
1.1
1.9
73.7%
Percent Under Contract ........................................
69.0%
48.1%
100.0%
64.5%
-6.5%
Average Median Price for Last 12 Months ........
$692,833
$779,167
$775,000
$738,500
6.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$760
OCT
$842,000
NOV DEC
MEDIAN SALES PRICE
JAN
$440
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$842 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
North Hollywood DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$485,000
$441,000
$520,000
$519,000
7.0%
Average Price per Square Foot ...........................
$350
$316
$334
$366
4.6%
Properties Sold .......................................................
45
24
49
30
-33.3%
Properties Pending Sale .......................................
45
48
51
38
-15.6%
Properties For Sale ................................................
84
73
72
82
-2.4%
Days on Market (Pending Sale) ...........................
46
58
50
35
-23.9%
Month’s Supply of Inventory ................................
1.9
3
1.5
2.7
46.4%
Percent Under Contract ........................................
53.6%
65.8%
70.8%
46.3%
-13.5%
Average Median Price for Last 12 Months ........
$431,417
$494,083
$509,000
$470,875
9.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$485
OCT
$519,000
NOV DEC
MEDIAN SALES PRICE
JAN
$366
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$519 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Shadow Hills DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$755,000
$860,000
$710,000
$644,000
-14.7%
Average Price per Square Foot ...........................
$256
$222
$280
$314
22.7%
Properties Sold .......................................................
2
1
3
6
200.0%
Properties Pending Sale .......................................
1
6
5
3
200.0%
Properties For Sale ................................................
18
9
10
13
-27.8%
Days on Market (Pending Sale) ...........................
114
163
36
121
6.1%
Month’s Supply of Inventory ................................
9
9
3.3
2.2
-75.9%
Percent Under Contract ........................................
5.6%
66.7%
50.0%
23.1%
315.4%
Average Median Price for Last 12 Months ........
$730,333
$731,500
$733,000
$776,000
6.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$755
OCT
$644,000
NOV DEC
MEDIAN SALES PRICE
JAN
$314
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$644 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Sherman Oaks DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$860,000
$924,000
$1,125,000
$884,000
2.8%
Average Price per Square Foot ...........................
$482
$527
$495
$480
-0.4%
Properties Sold .......................................................
63
46
64
54
-14.3%
Properties Pending Sale .......................................
62
66
79
55
-11.3%
Properties For Sale ................................................
168
112
143
155
-7.7%
Days on Market (Pending Sale) ...........................
64
55
55
55
-14.1%
Month’s Supply of Inventory ................................
2.7
2.4
2.2
2.9
7.6%
Percent Under Contract ........................................
36.9%
58.9%
55.2%
35.5%
-3.9%
Average Median Price for Last 12 Months ........
$886,667
$988,375
$939,667
$941,604
6.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$860
OCT
$884,000
NOV DEC
MEDIAN SALES PRICE
JAN
$480
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$884 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Studio City DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$960,000
$1,043,000
$1,250,000
$1,460,000
52.1%
Average Price per Square Foot ...........................
$610
$532
$560
$593
-2.8%
Properties Sold .......................................................
25
28
35
31
24.0%
Properties Pending Sale .......................................
29
36
32
37
27.6%
Properties For Sale ................................................
80
56
90
106
32.5%
Days on Market (Pending Sale) ...........................
69
70
50
57
-17.4%
Month’s Supply of Inventory ................................
3.2
2
2.6
3.4
6.9%
Percent Under Contract ........................................
36.2%
64.3%
35.6%
34.9%
-3.7%
Average Median Price for Last 12 Months ........
$1,138,333
$1,304,417
$1,396,667
$1,228,125
7.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$960
OCT
$1,460,000
NOV DEC
MEDIAN SALES PRICE
JAN
$593
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.460 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Sun Valley DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$395,000
$375,000
$430,000
$499,000
26.3%
Average Price per Square Foot ...........................
$309
$305
$327
$314
1.6%
Properties Sold .......................................................
13
23
20
12
-7.7%
Properties Pending Sale .......................................
28
26
16
17
-39.3%
Properties For Sale ................................................
41
22
43
43
4.9%
Days on Market (Pending Sale) ...........................
56
48
59
63
12.5%
Month’s Supply of Inventory ................................
3.2
1
2.2
3.6
13.6%
Percent Under Contract ........................................
68.3%
118.2%
37.2%
39.5%
-42.1%
Average Median Price for Last 12 Months ........
$391,417
$448,000
$448,000
$433,000
10.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$395
OCT
$499,000
NOV DEC
MEDIAN SALES PRICE
JAN
$314
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$499 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Sunland/Tujunga DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$495,000
$461,000
$479,000
$490,000
-1.0%
Average Price per Square Foot ...........................
$302
$331
$319
$330
9.3%
Properties Sold .......................................................
37
36
41
39
5.4%
Properties Pending Sale .......................................
34
48
43
38
11.8%
Properties For Sale ................................................
79
60
78
85
7.6%
Days on Market (Pending Sale) ...........................
47
57
48
49
4.3%
Month’s Supply of Inventory ................................
2.1
1.7
1.9
2.2
2.1%
Percent Under Contract ........................................
43.0%
80.0%
55.1%
44.7%
3.9%
Average Median Price for Last 12 Months ........
$445,917
$499,750
$517,000
$489,625
9.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$495
OCT
$490,000
NOV DEC
MEDIAN SALES PRICE
JAN
$330
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$490 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Tarzana DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$634,000
$890,000
$916,000
$959,000
51.3%
Average Price per Square Foot ...........................
$382
$356
$381
$360
-5.8%
Properties Sold .......................................................
18
32
20
28
55.6%
Properties Pending Sale .......................................
22
27
28
31
40.9%
Properties For Sale ................................................
106
77
95
91
-14.2%
Days on Market (Pending Sale) ...........................
67
80
63
83
23.9%
Month’s Supply of Inventory ................................
5.9
2.4
4.8
3.2
-44.8%
Percent Under Contract ........................................
20.8%
35.1%
29.5%
34.1%
64.1%
Average Median Price for Last 12 Months ........
$844,417
$940,667
$915,667
$901,750
6.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$634
OCT
$959,000
NOV DEC
MEDIAN SALES PRICE
JAN
$360
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$959 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Toluca Lake DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$862,000
$1,175,000
$1,044,000
$719,000
-16.6%
Average Price per Square Foot ...........................
$476
$663
$514
$454
-4.6%
Properties Sold .......................................................
6
11
8
7
16.7%
Properties Pending Sale .......................................
8
9
12
5
-37.5%
Properties For Sale ................................................
20
15
20
19
-5.0%
Days on Market (Pending Sale) ...........................
61
59
40
66
8.2%
Month’s Supply of Inventory ................................
3.3
1.4
2.5
2.7
-18.6%
Percent Under Contract ........................................
40.0%
60.0%
60.0%
26.3%
-34.2%
Average Median Price for Last 12 Months ........
$1,150,167
$1,063,250
$1,081,333
$1,028,208
-10.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$862
OCT
$719,000
NOV DEC
MEDIAN SALES PRICE
JAN
$454
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$719 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Valley Village DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$822,000
$768,000
$928,000
$690,000
-16.1%
Average Price per Square Foot ...........................
$464
$432
$515
$402
-13.4%
Properties Sold .......................................................
9
12
11
9
0.0%
Properties Pending Sale .......................................
9
19
11
13
44.4%
Properties For Sale ................................................
26
17
22
13
-50.0%
Days on Market (Pending Sale) ...........................
55
105
44
54
-1.8%
Month’s Supply of Inventory ................................
2.9
1.4
2
1.4
-50.0%
Percent Under Contract ........................................
34.6%
111.8%
50.0%
100.0%
188.9%
Average Median Price for Last 12 Months ........
$768,750
$886,833
$901,000
$839,167
9.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$822
OCT
$690,000
NOV DEC
MEDIAN SALES PRICE
JAN
$402
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$690 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Woodland Hills DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$699,000
$690,000
$742,000
$725,000
3.7%
Average Price per Square Foot ...........................
$311
$327
$323
$343
10.3%
Properties Sold .......................................................
61
82
66
75
23.0%
Properties Pending Sale .......................................
65
82
79
69
6.2%
Properties For Sale ................................................
197
136
180
158
-19.8%
Days on Market (Pending Sale) ...........................
74
75
64
57
-23.0%
Month’s Supply of Inventory ................................
3.2
1.7
2.7
2.1
-34.8%
Percent Under Contract ........................................
33.0%
60.3%
43.9%
43.7%
32.4%
Average Median Price for Last 12 Months ........
$676,667
$717,833
$706,667
$707,750
4.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$699
OCT
$725,000
NOV DEC
MEDIAN SALES PRICE
JAN
$343
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
San Gabriel Valley Macro Market DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$943,167
$1,008,333
$970,250
$1,016,667
7.8%
Average Price per Square Foot ...........................
$503
$504
$511
$506
0.5%
Properties Sold .......................................................
27
24
33
26
-0.6%
Properties Pending Sale .......................................
29
29
36
26
-9.6%
Properties For Sale ................................................
70
66
76
79
12.4%
Days on Market (Pending Sale) ...........................
49
45
50
51
3.7%
Month’s Supply of Inventory ................................
2.6
2.7
2.3
3
13.1%
Percent Under Contract ........................................
41.0%
44.0%
47.2%
33.0%
-19.5%
Average Median Price for Last 12 Months ........
$885,699
$1,002,254
$987,194
$978,655
10.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$943
OCT
$1,016,667
NOV DEC
MEDIAN SALES PRICE
JAN
$506
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.016 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Alhambra DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$510,000
$533,000
$520,000
$616,000
20.8%
Average Price per Square Foot ...........................
$365
$362
$380
$414
13.4%
Properties Sold .......................................................
37
35
43
27
-27.0%
Properties Pending Sale .......................................
25
39
45
26
4.0%
Properties For Sale ................................................
103
72
75
51
-50.5%
Days on Market (Pending Sale) ...........................
59
42
59
41
-30.5%
Month’s Supply of Inventory ................................
2.8
2.1
1.7
1.9
-32.1%
Percent Under Contract ........................................
24.3%
54.2%
60.0%
51.0%
110.0%
Average Median Price for Last 12 Months ........
$487,583
$551,833
$588,333
$522,500
7.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$510
OCT
$616,000
NOV DEC
MEDIAN SALES PRICE
JAN
$414
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$616 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Altadena DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$670,000
$605,000
$676,000
$638,000
-4.8%
Average Price per Square Foot ...........................
$443
$411
$418
$431
-2.7%
Properties Sold .......................................................
39
42
50
40
2.6%
Properties Pending Sale .......................................
39
26
60
42
7.7%
Properties For Sale ................................................
85
54
52
52
-38.8%
Days on Market (Pending Sale) ...........................
51
50
51
53
3.9%
Month’s Supply of Inventory ................................
2.2
1.3
1
1.3
-40.4%
Percent Under Contract ........................................
45.9%
48.1%
115.4%
80.8%
76.0%
Average Median Price for Last 12 Months ........
$570,923
$684,000
$692,667
$652,417
14.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$670
OCT
$638,000
NOV DEC
MEDIAN SALES PRICE
JAN
$431
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$638 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Arcadia DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,310,000
$1,295,000
$1,453,000
$1,405,000
7.3%
Average Price per Square Foot ...........................
$544
$549
$588
$561
3.1%
Properties Sold .......................................................
31
30
46
34
9.7%
Properties Pending Sale .......................................
49
48
49
45
-8.2%
Properties For Sale ................................................
172
199
260
257
49.4%
Days on Market (Pending Sale) ...........................
59
75
71
52
-11.9%
Month’s Supply of Inventory ................................
5.5
6.6
5.7
7.6
36.2%
Percent Under Contract ........................................
28.5%
24.1%
18.8%
17.5%
-38.5%
Average Median Price for Last 12 Months ........
$1,321,231
$1,276,250
$1,266,000
$1,321,708
0.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.310
OCT
$1,405,000
NOV DEC
MEDIAN SALES PRICE
JAN
$561
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.405 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Duarte DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$423,000
$508,000
$439,000
$463,000
9.5%
Average Price per Square Foot ...........................
$304
$335
$357
$337
10.9%
Properties Sold .......................................................
11
13
21
16
45.5%
Properties Pending Sale .......................................
15
15
16
15
0.0%
Properties For Sale ................................................
34
23
30
35
2.9%
Days on Market (Pending Sale) ...........................
56
67
49
55
-1.8%
Month’s Supply of Inventory ................................
3.1
1.8
1.4
2.2
-29.2%
Percent Under Contract ........................................
44.1%
65.2%
53.3%
42.9%
-2.9%
Average Median Price for Last 12 Months ........
$391,462
$450,167
$432,333
$453,417
15.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$423
OCT
$463,000
NOV DEC
MEDIAN SALES PRICE
JAN
$337
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$463 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Eagle Rock DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$665,000
$638,000
$700,000
$710,000
6.8%
Average Price per Square Foot ...........................
$428
$476
$505
$453
5.8%
Properties Sold .......................................................
17
14
16
18
5.9%
Properties Pending Sale .......................................
21
19
16
16
-23.8%
Properties For Sale ................................................
25
24
33
34
36.0%
Days on Market (Pending Sale) ...........................
47
23
39
44
-6.4%
Month’s Supply of Inventory ................................
1.5
1.7
2.1
1.9
28.4%
Percent Under Contract ........................................
84.0%
79.2%
48.5%
47.1%
-44.0%
Average Median Price for Last 12 Months ........
$564,000
$717,667
$708,333
$700,583
24.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$665
OCT
$710,000
NOV DEC
MEDIAN SALES PRICE
JAN
$453
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$710 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
La Canada Flintridge DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,290,000
$2,100,000
$1,489,000
$1,450,000
12.4%
Average Price per Square Foot ...........................
$571
$731
$609
$646
13.1%
Properties Sold .......................................................
13
10
36
17
30.8%
Properties Pending Sale .......................................
13
20
35
23
76.9%
Properties For Sale ................................................
49
52
59
61
24.5%
Days on Market (Pending Sale) ...........................
57
38
36
39
-31.6%
Month’s Supply of Inventory ................................
3.8
5.2
1.6
3.6
-4.8%
Percent Under Contract ........................................
26.5%
38.5%
59.3%
37.7%
42.1%
Average Median Price for Last 12 Months ........
$1,288,923
$1,585,170
$1,501,000
$1,580,335
22.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.290
OCT
$1,450,000
NOV DEC
MEDIAN SALES PRICE
JAN
$646
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Monrovia DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$637,000
$583,000
$538,000
$698,000
9.6%
Average Price per Square Foot ...........................
$395
$427
$419
$396
0.3%
Properties Sold .......................................................
28
16
27
22
-21.4%
Properties Pending Sale .......................................
31
30
29
23
-25.8%
Properties For Sale ................................................
58
64
72
58
0.0%
Days on Market (Pending Sale) ...........................
53
44
60
69
30.2%
Month’s Supply of Inventory ................................
2.1
4
2.7
2.6
27.3%
Percent Under Contract ........................................
53.4%
46.9%
40.3%
39.7%
-25.8%
Average Median Price for Last 12 Months ........
$532,000
$631,500
$652,667
$601,083
13.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$637
OCT
$698,000
NOV DEC
MEDIAN SALES PRICE
JAN
$396
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$698 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Pasadena DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$795,000
$788,000
$859,000
$785,000
-1.3%
Average Price per Square Foot ...........................
$524
$482
$513
$490
-6.5%
Properties Sold .......................................................
71
86
99
91
28.2%
Properties Pending Sale .......................................
83
103
109
73
-12.0%
Properties For Sale ................................................
191
175
175
232
21.5%
Days on Market (Pending Sale) ...........................
48
67
47
50
4.2%
Month’s Supply of Inventory ................................
2.7
2
1.8
2.5
-5.2%
Percent Under Contract ........................................
43.5%
58.9%
62.3%
31.5%
-27.6%
Average Median Price for Last 12 Months ........
$682,923
$798,833
$786,333
$770,833
12.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$795
OCT
$785,000
NOV DEC
MEDIAN SALES PRICE
JAN
$490
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$785 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
San Gabriel DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$710,000
$655,000
$714,000
$750,000
5.6%
Average Price per Square Foot ...........................
$414
$432
$414
$447
8.0%
Properties Sold .......................................................
35
22
24
23
-34.3%
Properties Pending Sale .......................................
31
23
35
26
-16.1%
Properties For Sale ................................................
59
60
76
75
27.1%
Days on Market (Pending Sale) ...........................
39
35
36
45
15.4%
Month’s Supply of Inventory ................................
1.7
2.7
3.2
3.3
93.4%
Percent Under Contract ........................................
52.5%
38.3%
46.1%
34.7%
-34.0%
Average Median Price for Last 12 Months ........
$616,000
$723,917
$714,000
$711,208
15.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$710
OCT
$750,000
NOV DEC
MEDIAN SALES PRICE
JAN
$447
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
San Marino DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$2,397,000
$2,275,000
$2,200,000
$2,300,000
-4.0%
Average Price per Square Foot ...........................
$1,037
$871
$852
$760
-26.7%
Properties Sold .......................................................
11
9
12
5
-54.5%
Properties Pending Sale .......................................
11
9
10
10
-9.1%
Properties For Sale ................................................
24
27
49
42
75.0%
Days on Market (Pending Sale) ...........................
40
29
27
74
85.0%
Month’s Supply of Inventory ................................
2.2
3
4.1
8.4
285.0%
Percent Under Contract ........................................
45.8%
33.3%
20.4%
23.8%
-48.1%
Average Median Price for Last 12 Months ........
$1,973,923
$2,352,833
$2,202,333
$2,273,000
15.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.397
OCT
$2,300,000
NOV DEC
MEDIAN SALES PRICE
JAN
$760
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
8.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Sierra Madre DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$922,000
$1,240,000
$899,000
$1,045,000
13.3%
Average Price per Square Foot ...........................
$468
$383
$508
$492
5.1%
Properties Sold .......................................................
14
3
15
8
-42.9%
Properties Pending Sale .......................................
10
8
14
6
-40.0%
Properties For Sale ................................................
16
26
16
26
62.5%
Days on Market (Pending Sale) ...........................
48
21
65
55
14.6%
Month’s Supply of Inventory ................................
1.1
8.7
1.1
3.2
184.4%
Percent Under Contract ........................................
62.5%
30.8%
87.5%
23.1%
-63.1%
Average Median Price for Last 12 Months ........
$836,231
$986,917
$1,024,000
$954,875
14.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$922
OCT
$1,045,000
NOV DEC
MEDIAN SALES PRICE
JAN
$492
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.045 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
South Pasadena DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$989,000
$880,000
$1,156,000
$1,340,000
35.5%
Average Price per Square Foot ...........................
$544
$583
$564
$642
18.0%
Properties Sold .......................................................
11
11
12
15
36.4%
Properties Pending Sale .......................................
17
10
14
7
-58.8%
Properties For Sale ................................................
25
19
19
22
-12.0%
Days on Market (Pending Sale) ...........................
34
44
54
36
5.9%
Month’s Supply of Inventory ................................
2.3
1.7
1.6
1.5
-35.5%
Percent Under Contract ........................................
68.0%
52.6%
73.7%
31.8%
-53.2%
Average Median Price for Last 12 Months ........
$944,923
$1,267,965
$1,278,333
$1,201,899
27.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$989
OCT
$1,340,000
NOV DEC
MEDIAN SALES PRICE
JAN
$642
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.340 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Orange County
Orange County Macro
Ladera Ranch
San Clemente
Aliso Viejo
Laguna Beach
San Juan Capistrano
Balboa Peninsula
Laguna Hills
Shady Canyon
Corona del Mar - Spyglass
Laguna Niguel
Turtle Ridge
Coto de Caza
Laguna Woods
Turtle Rock
Crystal Cove
Lower Newport Bay - Balboa Island
West Bay - Santa Ana Heights
Dana Point
Mission Viejo
West Newport - Lido
East Bluff - Harbor View
Nelle Gail
Westminster
East Costa Mesa
Newport Beach
Fountain Valley
Newport Coast
Huntington Beach
Newport Heights
Irvine
Rancho Santa Margarita
Micro Market Report : September 2015
telesproperties.com
County: ORANGE Area: 948 SQ MILES Founded: 1889
Micro Market Report : September 2015
telesproperties.com
Orange County DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$680,000
$680,000
$710,000
$700,000
2.9%
Average Price per Square Foot ...........................
$431
$403
$420
$432
0.2%
Properties Sold .......................................................
1473
1599
1954
1651
12.1%
Properties Pending Sale .......................................
1510
2086
2095
1638
8.5%
Properties For Sale ................................................
7,560
6,600
7,400
7,214
-4.6%
Days on Market (Pending Sale) ...........................
64
52
64
58
-9.4%
Month’s Supply of Inventory ................................
5.1
4.1
3.8
4.4
-14.9%
Percent Under Contract ........................................
20.0%
31.6%
28.3%
22.7%
13.7%
Average Median Price for Last 12 Months ........
$664,496
$705,000
$706,667
$687,099
3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$680
OCT
$700,000
NOV DEC
MEDIAN SALES PRICE
JAN
$432
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Aliso Viejo DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$697,500
$720,000
$732,000
$708,500
1.6%
Average Price per Square Foot ...........................
$362
$366
$358
$354
-2.2%
Properties Sold .......................................................
16
15
30
16
0.0%
Properties Pending Sale .......................................
25
26
27
18
-28.0%
Properties For Sale ................................................
91
60
79
82
-9.9%
Days on Market (Pending Sale) ...........................
60
37
43
40
-33.3%
Month’s Supply of Inventory ................................
5.7
4
2.6
5.1
-9.9%
Percent Under Contract ........................................
27.5%
43.3%
34.2%
22.0%
-20.1%
Average Median Price for Last 12 Months ........
$722,042
$754,333
$763,667
$728,250
0.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$697
OCT
$708,500
NOV DEC
MEDIAN SALES PRICE
JAN
$354
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$708 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Balboa Peninsula DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$2,117,500
$2,800,000
$3,500,000
$3,675,000
73.6%
Average Price per Square Foot ...........................
$1,211
$1,256
$1,480
$1,707
41.0%
Properties Sold .......................................................
12
5
8
4
-66.7%
Properties Pending Sale .......................................
5
2
7
2
-60.0%
Properties For Sale ................................................
36
29
39
36
0.0%
Days on Market (Pending Sale) ...........................
66
221
142
119
80.3%
Month’s Supply of Inventory ................................
3
5.8
4.9
9
200.0%
Percent Under Contract ........................................
13.9%
6.9%
17.9%
5.6%
-60.0%
Average Median Price for Last 12 Months ........
$2,856,167
$3,283,667
$3,395,833
$3,043,500
6.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.117
OCT
$3,675,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,707
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$3.675 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Corona del Mar - Spyglass DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,792,500
$2,316,000
$3,087,500
$2,225,000
24.1%
Average Price per Square Foot ...........................
$1,028
$1,043
$1,124
$1,212
17.9%
Properties Sold .......................................................
16
5
14
13
-18.8%
Properties Pending Sale .......................................
11
8
17
21
90.9%
Properties For Sale ................................................
80
88
102
112
40.0%
Days on Market (Pending Sale) ...........................
94
52
65
73
-22.3%
Month’s Supply of Inventory ................................
5
17.6
7.3
8.6
72.3%
Percent Under Contract ........................................
13.8%
9.1%
16.7%
18.8%
36.4%
Average Median Price for Last 12 Months ........
$2,373,063
$2,470,167
$2,244,500
$2,296,275
-3.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.792
OCT
$2,225,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,212
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
8.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.225 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Coto de Caza DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,105,000
$1,255,000
$1,040,000
$1,018,750
-7.8%
Average Price per Square Foot ...........................
$335
$334
$334
$376
12.2%
Properties Sold .......................................................
11
20
20
14
27.3%
Properties Pending Sale .......................................
25
36
17
16
-36.0%
Properties For Sale ................................................
143
120
131
128
-10.5%
Days on Market (Pending Sale) ...........................
74
110
80
84
13.5%
Month’s Supply of Inventory ................................
13
6
6.6
9.1
-29.7%
Percent Under Contract ........................................
17.5%
30.0%
13.0%
12.5%
-28.5%
Average Median Price for Last 12 Months ........
$1,136,417
$1,070,853
$1,047,917
$1,156,740
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.105
OCT
$1,018,750
NOV DEC
MEDIAN SALES PRICE
JAN
$376
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.018 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Crystal Cove DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$3,500,000
$0
$3,025,000
$10,897,500
211.4%
Average Price per Square Foot ...........................
$1,032
$0
$878
$1,166
13.0%
Properties Sold .......................................................
1
0
14
2
100.0%
Properties Pending Sale .......................................
2
0
13
2
0.0%
Properties For Sale ................................................
24
21
83
23
-4.2%
Days on Market (Pending Sale) ...........................
94
0
89
47
-50.0%
Month’s Supply of Inventory ................................
24
0
5.9
11.5
-52.1%
Percent Under Contract ........................................
8.3%
0.0%
15.7%
8.7%
4.3%
Average Median Price for Last 12 Months ........
$4,837,250
$6,583,324
$6,975,833
$6,369,944
31.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$3.500
OCT
$10,897,500
NOV DEC
MEDIAN SALES PRICE
JAN
$1,166
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
11.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$10.897 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Dana Point DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$866,250
$1,092,450
$900,000
$1,074,000
24.0%
Average Price per Square Foot ...........................
$622
$559
$558
$586
-5.8%
Properties Sold .......................................................
38
28
29
32
-15.8%
Properties Pending Sale .......................................
33
46
37
32
-3.0%
Properties For Sale ................................................
183
171
204
178
-2.7%
Days on Market (Pending Sale) ...........................
75
72
88
73
-2.7%
Month’s Supply of Inventory ................................
4.8
6.1
7
5.6
15.5%
Percent Under Contract ........................................
18.0%
26.9%
18.1%
18.0%
-0.3%
Average Median Price for Last 12 Months ........
$884,800
$1,047,317
$1,139,800
$1,038,128
17.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$866
OCT
$1,074,000
NOV DEC
MEDIAN SALES PRICE
JAN
$586
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.074 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
East Bluff - Harbor View DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,862,000
$1,650,000
$1,800,000
$1,725,000
-7.4%
Average Price per Square Foot ...........................
$652
$572
$691
$631
-3.2%
Properties Sold .......................................................
18
11
23
19
5.6%
Properties Pending Sale .......................................
22
24
32
16
-27.3%
Properties For Sale ................................................
120
91
189
101
-15.8%
Days on Market (Pending Sale) ...........................
79
81
86
57
-27.8%
Month’s Supply of Inventory ................................
6.7
8.3
8.2
5.3
-20.3%
Percent Under Contract ........................................
18.3%
26.4%
16.9%
15.8%
-13.6%
Average Median Price for Last 12 Months ........
$1,671,104
$1,819,323
$1,868,333
$1,754,120
5.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.862
OCT
$1,725,000
NOV DEC
MEDIAN SALES PRICE
JAN
$631
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
East Costa Mesa DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$765,000
$887,000
$842,500
$887,500
16.0%
Average Price per Square Foot ...........................
$457
$464
$542
$577
26.3%
Properties Sold .......................................................
14
17
16
16
14.3%
Properties Pending Sale .......................................
15
26
16
15
0.0%
Properties For Sale ................................................
75
61
63
52
-30.7%
Days on Market (Pending Sale) ...........................
70
56
47
52
-25.7%
Month’s Supply of Inventory ................................
5.4
3.6
3.9
3.2
-39.3%
Percent Under Contract ........................................
20.0%
42.6%
25.4%
28.8%
44.2%
Average Median Price for Last 12 Months ........
$863,150
$896,708
$895,500
$918,603
6.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$765
OCT
$887,500
NOV DEC
MEDIAN SALES PRICE
JAN
$577
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$887 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Fountain Valley DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$655,000
$682,500
$699,500
$729,000
11.3%
Average Price per Square Foot ...........................
$351
$360
$363
$369
5.1%
Properties Sold .......................................................
29
26
22
35
20.7%
Properties Pending Sale .......................................
28
31
34
28
0.0%
Properties For Sale ................................................
72
76
98
83
15.3%
Days on Market (Pending Sale) ...........................
49
31
36
66
34.7%
Month’s Supply of Inventory ................................
2.5
2.9
4.5
2.4
-4.5%
Percent Under Contract ........................................
38.9%
40.8%
34.7%
33.7%
-13.3%
Average Median Price for Last 12 Months ........
$669,458
$734,250
$736,333
$707,833
5.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$655
OCT
$729,000
NOV DEC
MEDIAN SALES PRICE
JAN
$369
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$729 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Huntington Beach DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$750,000
$785,500
$800,000
$780,000
4.0%
Average Price per Square Foot ...........................
$450
$452
$455
$437
-2.9%
Properties Sold .......................................................
111
100
131
107
-3.6%
Properties Pending Sale .......................................
106
129
138
99
-6.6%
Properties For Sale ................................................
422
366
424
425
0.7%
Days on Market (Pending Sale) ...........................
68
61
50
63
-7.4%
Month’s Supply of Inventory ................................
3.8
3.7
3.2
4
4.5%
Percent Under Contract ........................................
25.1%
35.2%
32.5%
23.3%
-7.3%
Average Median Price for Last 12 Months ........
$736,479
$793,083
$807,667
$784,458
6.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$750
OCT
$780,000
NOV DEC
MEDIAN SALES PRICE
JAN
$437
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$780 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Irvine DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$959,800
$899,950
$955,000
$918,000
-4.4%
Average Price per Square Foot ...........................
$464
$441
$479
$476
2.6%
Properties Sold .......................................................
81
84
103
98
21.0%
Properties Pending Sale .......................................
79
127
125
105
32.9%
Properties For Sale ................................................
445
376
476
465
4.5%
Days on Market (Pending Sale) ...........................
66
44
54
56
-15.2%
Month’s Supply of Inventory ................................
5.5
4.5
4.6
4.7
-13.6%
Percent Under Contract ........................................
17.8%
33.8%
26.3%
22.6%
27.2%
Average Median Price for Last 12 Months ........
$902,583
$967,250
$982,667
$947,485
5.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$959
OCT
$918,000
NOV DEC
MEDIAN SALES PRICE
JAN
$476
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$918 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Ladera Ranch DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,069,000
$1,000,000
$895,000
$905,000
-15.3%
Average Price per Square Foot ...........................
$317
$316
$336
$375
18.3%
Properties Sold .......................................................
19
26
39
23
21.1%
Properties Pending Sale .......................................
20
28
44
19
-5.0%
Properties For Sale ................................................
140
114
165
123
-12.1%
Days on Market (Pending Sale) ...........................
69
58
66
58
-15.9%
Month’s Supply of Inventory ................................
7.4
4.4
4.2
5.3
-27.4%
Percent Under Contract ........................................
14.3%
24.6%
26.7%
15.4%
8.1%
Average Median Price for Last 12 Months ........
$871,285
$891,408
$883,817
$850,258
-2.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.069
SEP OCT
$905,000
NOV DEC
MEDIAN SALES PRICE
JAN
$375
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$905 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Laguna Beach DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$2,000,000
$1,850,000
$1,865,000
$2,150,000
7.5%
Average Price per Square Foot ...........................
$1,227
$970
$1,113
$1,159
-5.5%
Properties Sold .......................................................
35
35
23
29
-17.1%
Properties Pending Sale .......................................
33
40
30
26
-21.2%
Properties For Sale ................................................
268
252
276
273
1.9%
Days on Market (Pending Sale) ...........................
103
82
75
110
6.8%
Month’s Supply of Inventory ................................
7.7
7.2
12
9.4
22.9%
Percent Under Contract ........................................
12.3%
15.9%
10.9%
9.5%
-22.7%
Average Median Price for Last 12 Months ........
$1,934,208
$1,893,625
$1,845,667
$1,851,563
-4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.000
OCT
$2,150,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,159
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Laguna Niguel DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$822,500
$810,000
$825,000
$900,000
9.4%
Average Price per Square Foot ...........................
$428
$394
$413
$409
-4.4%
Properties Sold .......................................................
62
51
73
63
1.6%
Properties Pending Sale .......................................
56
82
69
52
-7.1%
Properties For Sale ................................................
333
285
322
270
-18.9%
Days on Market (Pending Sale) ...........................
77
54
53
70
-9.1%
Month’s Supply of Inventory ................................
5.4
5.6
4.4
4.3
-20.2%
Percent Under Contract ........................................
16.8%
28.8%
21.4%
19.3%
14.5%
Average Median Price for Last 12 Months ........
$802,950
$855,000
$852,000
$834,542
3.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$822
OCT
$900,000
NOV DEC
MEDIAN SALES PRICE
JAN
$409
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Laguna Hills DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$787,500
$774,000
$820,000
$839,980
6.7%
Average Price per Square Foot ...........................
$355
$427
$344
$363
2.3%
Properties Sold .......................................................
22
21
21
27
22.7%
Properties Pending Sale .......................................
19
24
26
22
15.8%
Properties For Sale ................................................
111
88
139
134
20.7%
Days on Market (Pending Sale) ...........................
62
45
79
88
41.9%
Month’s Supply of Inventory ................................
5
4.2
6.6
5
-1.6%
Percent Under Contract ........................................
17.1%
27.3%
18.7%
16.4%
-4.1%
Average Median Price for Last 12 Months ........
$742,492
$804,497
$775,660
$761,811
2.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$787
OCT
$839,980
NOV DEC
MEDIAN SALES PRICE
JAN
$363
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$839 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Laguna Woods DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$0
$0
$885,000
$798,000
0%
Average Price per Square Foot ...........................
$0
$0
$492
$487
0%
Properties Sold .......................................................
0
0
1
1
0%
Properties Pending Sale .......................................
0
1
1
0
0%
Properties For Sale ................................................
0
1
1
1
0%
Days on Market (Pending Sale) ...........................
0
77
45
0
0%
Month’s Supply of Inventory ................................
0
0
1
1
0%
Percent Under Contract ........................................
0%
100.0%
100.0%
0.0%
0%
Average Median Price for Last 12 Months ........
$216,833
$841,500
$798,000
$841,500
288.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP OCT
$798,000
NOV DEC
MEDIAN SALES PRICE
JAN
$487
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$798 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Lower Newport Bay - Balboa Island DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,575,000
$2,748,886
$3,462,500
$2,800,000
77.8%
Average Price per Square Foot ...........................
$1,476
$1,037
$1,575
$1,203
-18.5%
Properties Sold .......................................................
5
8
10
5
0.0%
Properties Pending Sale .......................................
3
6
9
9
200.0%
Properties For Sale ................................................
40
37
37
39
-2.5%
Days on Market (Pending Sale) ...........................
73
80
86
68
-6.8%
Month’s Supply of Inventory ................................
8
4.6
3.7
7.8
-2.5%
Percent Under Contract ........................................
7.5%
16.2%
24.3%
23.1%
207.7%
Average Median Price for Last 12 Months ........
$2,987,904
$3,144,917
$3,327,333
$3,145,907
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.575
OCT
$2,800,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,203
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Mission Viejo DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$625,000
$653,000
$675,000
$660,000
5.6%
Average Price per Square Foot ...........................
$320
$327
$346
$335
4.7%
Properties Sold .......................................................
84
87
123
89
6.0%
Properties Pending Sale .......................................
59
138
107
102
72.9%
Properties For Sale ................................................
298
299
319
347
16.4%
Days on Market (Pending Sale) ...........................
49
39
48
59
20.4%
Month’s Supply of Inventory ................................
3.5
3.4
2.6
3.9
9.9%
Percent Under Contract ........................................
19.8%
46.2%
33.5%
29.4%
48.5%
Average Median Price for Last 12 Months ........
$634,833
$669,500
$675,667
$655,575
3.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$625
OCT
$660,000
NOV DEC
MEDIAN SALES PRICE
JAN
$335
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$660 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Nelle Gail DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$790,000
$774,000
$820,000
$849,990
7.6%
Average Price per Square Foot ...........................
$356
$427
$344
$363
2.0%
Properties Sold .......................................................
21
21
21
26
23.8%
Properties Pending Sale .......................................
17
18
25
21
23.5%
Properties For Sale ................................................
114
91
135
132
15.8%
Days on Market (Pending Sale) ...........................
81
60
82
89
9.9%
Month’s Supply of Inventory ................................
5.4
4.3
6.4
5.1
-6.5%
Percent Under Contract ........................................
14.9%
19.8%
18.5%
15.9%
6.7%
Average Median Price for Last 12 Months ........
$755,979
$826,973
$790,663
$779,299
3.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$790
OCT
$849,990
NOV DEC
MEDIAN SALES PRICE
JAN
$363
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$849 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Newport Beach DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,950,000
$1,677,500
$1,825,000
$2,040,000
4.6%
Average Price per Square Foot ...........................
$875
$748
$873
$866
-1.0%
Properties Sold .......................................................
49
57
74
61
24.5%
Properties Pending Sale .......................................
38
57
67
56
47.4%
Properties For Sale ................................................
348
325
347
333
-4.3%
Days on Market (Pending Sale) ...........................
70
77
68
87
24.3%
Month’s Supply of Inventory ................................
7.1
5.7
4.7
5.5
-23.1%
Percent Under Contract ........................................
10.9%
17.5%
19.3%
16.8%
54.0%
Average Median Price for Last 12 Months ........
$1,828,342
$1,953,125
$1,953,750
$1,861,714
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.950
OCT
$2,040,000
NOV DEC
MEDIAN SALES PRICE
JAN
$866
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.040 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Newport Coast DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$4,389,900
$2,782,500
$4,945,000
$4,118,562
-6.2%
Average Price per Square Foot ...........................
$952
$781
$1,046
$936
-1.7%
Properties Sold .......................................................
12
12
11
10
-16.7%
Properties Pending Sale .......................................
14
16
7
7
-50.0%
Properties For Sale ................................................
98
94
85
104
6.1%
Days on Market (Pending Sale) ...........................
112
108
90
53
-52.7%
Month’s Supply of Inventory ................................
8.2
7.8
7.7
10.4
27.3%
Percent Under Contract ........................................
14.3%
17.0%
8.2%
6.7%
-52.9%
Average Median Price for Last 12 Months ........
$3,049,721
$3,387,760
$3,184,687
$3,302,166
8.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$4.389
OCT
$4,118,562
NOV DEC
MEDIAN SALES PRICE
JAN
$936
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
10.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$4.118 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Newport Heights DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$2,600,000
$1,525,000
$1,900,000
$2,275,000
-12.5%
Average Price per Square Foot ...........................
$753
$624
$630
$1,095
45.4%
Properties Sold .......................................................
5
8
8
18
260.0%
Properties Pending Sale .......................................
0
7
7
14
0%
Properties For Sale ................................................
34
32
34
81
138.2%
Days on Market (Pending Sale) ...........................
0
113
64
149
0%
Month’s Supply of Inventory ................................
6.8
4
4.2
4.5
-33.8%
Percent Under Contract ........................................
0.0%
21.9%
20.6%
17.3%
0%
Average Median Price for Last 12 Months ........
$1,879,219
$2,099,479
$2,021,458
$1,799,334
-4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.600
OCT
$2,275,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,095
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.275 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Rancho Santa Margarita DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$650,000
$625,000
$662,500
$665,000
2.3%
Average Price per Square Foot ...........................
$311
$323
$323
$343
10.3%
Properties Sold .......................................................
43
27
62
31
-27.9%
Properties Pending Sale .......................................
47
51
58
44
-6.4%
Properties For Sale ................................................
197
143
178
183
-7.1%
Days on Market (Pending Sale) ...........................
64
70
44
53
-17.2%
Month’s Supply of Inventory ................................
4.6
5.3
2.9
5.9
28.9%
Percent Under Contract ........................................
23.9%
35.7%
32.6%
24.0%
0.8%
Average Median Price for Last 12 Months ........
$645,782
$665,458
$669,000
$657,017
1.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$650
OCT
$665,000
NOV DEC
MEDIAN SALES PRICE
JAN
$343
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$665 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
San Clemente DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$845,000
$812,000
$900,000
$899,000
6.4%
Average Price per Square Foot ...........................
$371
$389
$412
$391
5.4%
Properties Sold .......................................................
58
45
73
41
-29.3%
Properties Pending Sale .......................................
69
60
83
44
-36.2%
Properties For Sale ................................................
368
249
296
305
-17.1%
Days on Market (Pending Sale) ...........................
69
51
46
64
-7.2%
Month’s Supply of Inventory ................................
6.3
5.5
4.1
7.4
17.2%
Percent Under Contract ........................................
18.8%
24.1%
28.0%
14.4%
-23.1%
Average Median Price for Last 12 Months ........
$817,954
$879,833
$886,333
$858,458
5.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$845
OCT
$899,000
NOV DEC
MEDIAN SALES PRICE
JAN
$391
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$899 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
San Juan Capistrano DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$635,000
$640,000
$1,175,000
$975,000
53.5%
Average Price per Square Foot ...........................
$344
$329
$380
$348
1.2%
Properties Sold .......................................................
35
17
25
29
-17.1%
Properties Pending Sale .......................................
19
27
26
33
73.7%
Properties For Sale ................................................
165
136
156
162
-1.8%
Days on Market (Pending Sale) ...........................
69
88
42
55
-20.3%
Month’s Supply of Inventory ................................
4.7
8
6.2
5.6
18.5%
Percent Under Contract ........................................
11.5%
19.9%
16.7%
20.4%
76.9%
Average Median Price for Last 12 Months ........
$817,949
$919,375
$930,833
$847,387
3.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$635
OCT
$975,000
NOV DEC
MEDIAN SALES PRICE
JAN
$348
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$975 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Shady Canyon DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$0
$5,800,000
$0
$0
0%
Average Price per Square Foot ...........................
$0
$753
$0
$0
0%
Properties Sold .......................................................
0
1
0
0
0%
Properties Pending Sale .......................................
0
1
1
0
0%
Properties For Sale ................................................
4
2
1
0
-100.0%
Days on Market (Pending Sale) ...........................
0
679
0
0
0%
Month’s Supply of Inventory ................................
0
2
0
0
0%
Percent Under Contract ........................................
0.0%
50.0%
100.0%
0%
0%
Average Median Price for Last 12 Months ........
$1,651,583
$6,000,000
$6,000,000
$5,150,000
211.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP OCT
No sales
NOV DEC
MEDIAN SALES PRICE
JAN
No sales
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
No sales MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Turtle Ridge DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$2,650,000
$1,754,500
$1,850,000
$2,575,000
-2.8%
Average Price per Square Foot ...........................
$711
$643
$629
$685
-3.7%
Properties Sold .......................................................
7
2
3
5
-28.6%
Properties Pending Sale .......................................
3
2
1
3
0.0%
Properties For Sale ................................................
31
19
25
19
-38.7%
Days on Market (Pending Sale) ...........................
62
32
149
106
71.0%
Month’s Supply of Inventory ................................
4.4
9.5
8.3
3.8
-14.2%
Percent Under Contract ........................................
9.7%
10.5%
4.0%
15.8%
63.2%
Average Median Price for Last 12 Months ........
$2,503,041
$2,420,750
$2,352,333
$2,292,120
-8.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.650
OCT
$2,575,000
NOV DEC
MEDIAN SALES PRICE
JAN
$685
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.575 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Turtle Rock DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$0
$1,205,500
$1,411,250
$0
0%
Average Price per Square Foot ...........................
$0
$588
$579
$0
0%
Properties Sold .......................................................
0
4
7
0
0%
Properties Pending Sale .......................................
1
3
3
0
-100.0%
Properties For Sale ................................................
7
9
5
3
-57.1%
Days on Market (Pending Sale) ...........................
31
33
60
0
-100.0%
Month’s Supply of Inventory ................................
0
2.2
0.7
0
0%
Percent Under Contract ........................................
14.3%
33.3%
60.0%
0.0%
-100.0%
Average Median Price for Last 12 Months ........
$644,157
$1,279,550
$1,388,250
$1,283,700
99.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP OCT
No sales
NOV DEC
MEDIAN SALES PRICE
JAN
No sales
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
No sales MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Westminster DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$545,000
$530,000
$537,750
$562,000
3.1%
Average Price per Square Foot ...........................
$347
$378
$327
$349
0.6%
Properties Sold .......................................................
37
19
38
26
-29.7%
Properties Pending Sale .......................................
32
36
43
50
56.2%
Properties For Sale ................................................
121
107
95
127
5.0%
Days on Market (Pending Sale) ...........................
50
32
30
42
-16.0%
Month’s Supply of Inventory ................................
3.3
5.6
2.5
4.9
49.4%
Percent Under Contract ........................................
26.4%
33.6%
45.3%
39.4%
48.9%
Average Median Price for Last 12 Months ........
$520,370
$559,992
$577,333
$549,196
5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$545
OCT
$562,000
NOV DEC
MEDIAN SALES PRICE
JAN
$349
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$562 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
West Bay - Santa Ana Heights DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,283,750
$1,680,312
$1,600,000
$1,669,000
30.0%
Average Price per Square Foot ...........................
$549
$1,243
$627
$660
20.2%
Properties Sold .......................................................
12
8
7
15
25.0%
Properties Pending Sale .......................................
7
11
10
13
85.7%
Properties For Sale ................................................
60
58
70
78
30.0%
Days on Market (Pending Sale) ...........................
80
136
52
72
-10.0%
Month’s Supply of Inventory ................................
5
7.2
10
5.2
4.0%
Percent Under Contract ........................................
11.7%
19.0%
14.3%
16.7%
42.9%
Average Median Price for Last 12 Months ........
$1,521,604
$1,541,875
$1,517,167
$1,542,613
1.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.283
OCT
$1,669,000
NOV DEC
MEDIAN SALES PRICE
JAN
$660
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.669 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
West Newport - Lido DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$2,222,500
$1,940,000
$2,325,000
$2,497,500
12.4%
Average Price per Square Foot ...........................
$1,166
$1,183
$1,150
$1,248
7.0%
Properties Sold .......................................................
10
11
11
12
20.0%
Properties Pending Sale .......................................
10
8
12
7
-30.0%
Properties For Sale ................................................
53
49
54
46
-13.2%
Days on Market (Pending Sale) ...........................
68
132
62
170
150.0%
Month’s Supply of Inventory ................................
5.3
4.5
4.9
3.8
-27.7%
Percent Under Contract ........................................
18.9%
16.3%
22.2%
15.2%
-19.3%
Average Median Price for Last 12 Months ........
$2,045,971
$2,202,500
$2,106,667
$2,173,273
6.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.222
OCT
$2,497,500
NOV DEC
MEDIAN SALES PRICE
JAN
$1,248
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.497 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Santa Barbara County
Carpinteria
Santa Barbara East of State
Goleta
Santa Barbara West of State
Hope Ranch
Santa Ynez
Montecito
Micro Market Report : September 2015
telesproperties.com
County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850
Micro Market Report : September 2015
telesproperties.com
Carpinteria DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$949,000
$795,000
$975,000
$865,000
-8.9%
Average Price per Square Foot ...........................
$654
$1,705
$637
$508
-22.3%
Properties Sold .......................................................
7
9
9
11
57.1%
Properties Pending Sale .......................................
7
9
3
6
-14.3%
Properties For Sale ................................................
46
40
34
30
-34.8%
Days on Market (Pending Sale) ...........................
94
139
30
212
125.5%
Month’s Supply of Inventory ................................
6.6
4.4
3.8
2.7
-58.5%
Percent Under Contract ........................................
15.2%
22.5%
8.8%
20.0%
31.4%
Average Median Price for Last 12 Months ........
$1,473,873
$946,321
$971,308
$916,827
-37.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$949
OCT
$865,000
NOV DEC
MEDIAN SALES PRICE
JAN
$508
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$865 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Goleta DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$885,000
$730,000
$720,000
$913,000
3.2%
Average Price per Square Foot ...........................
$499
$465
$509
$473
-5.2%
Properties Sold .......................................................
8
12
9
9
12.5%
Properties Pending Sale .......................................
6
10
16
14
133.3%
Properties For Sale ................................................
27
30
32
33
22.2%
Days on Market (Pending Sale) ...........................
36
54
32
44
22.2%
Month’s Supply of Inventory ................................
3.4
2.5
3.6
3.7
8.6%
Percent Under Contract ........................................
22.2%
33.3%
50.0%
42.4%
90.9%
Average Median Price for Last 12 Months ........
$807,792
$812,619
$819,405
$765,330
-5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$885
OCT
$913,000
NOV DEC
MEDIAN SALES PRICE
JAN
$473
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$913 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Hope Ranch DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$3,128,000
$2,677,500
$4,550,000
$0
-100.0%
Average Price per Square Foot ...........................
$713
$772
$899
$0
-100.0%
Properties Sold .......................................................
3
4
4
0
-100.0%
Properties Pending Sale .......................................
2
4
1
4
100.0%
Properties For Sale ................................................
33
26
25
21
-36.4%
Days on Market (Pending Sale) ...........................
300
33
47
149
-50.3%
Month’s Supply of Inventory ................................
11
6.5
6.2
0
0%
Percent Under Contract ........................................
6.1%
15.4%
4.0%
19.0%
214.3%
Average Median Price for Last 12 Months ........
$3,246,354
$3,888,224
$3,853,060
$3,184,329
-1.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$3.128
OCT
No sales
NOV DEC
MEDIAN SALES PRICE
JAN
No sales
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
No sales MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Montecito DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$2,400,000
$2,400,000
$3,495,000
$2,812,500
17.2%
Average Price per Square Foot ...........................
$852
$992
$1,048
$808
-5.2%
Properties Sold .......................................................
25
23
21
12
-52.0%
Properties Pending Sale .......................................
22
20
21
16
-27.3%
Properties For Sale ................................................
166
154
174
167
0.6%
Days on Market (Pending Sale) ...........................
163
28
94
85
-47.9%
Month’s Supply of Inventory ................................
6.6
6.7
8.3
13.9
109.6%
Percent Under Contract ........................................
13.3%
13.0%
12.1%
9.6%
-27.7%
Average Median Price for Last 12 Months ........
$2,668,271
$2,992,917
$2,495,833
$3,308,901
24.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.400
OCT
$2,812,500
NOV DEC
MEDIAN SALES PRICE
JAN
$808
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
13.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.812 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Santa Barbara East of State DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,300,000
$1,384,000
$1,265,000
$1,108,000
-14.8%
Average Price per Square Foot ...........................
$635
$721
$738
$657
3.5%
Properties Sold .......................................................
28
38
30
26
-7.1%
Properties Pending Sale .......................................
27
28
30
31
14.8%
Properties For Sale ................................................
140
120
152
155
10.7%
Days on Market (Pending Sale) ...........................
38
41
44
42
10.5%
Month’s Supply of Inventory ................................
5
3.2
5.1
6
19.2%
Percent Under Contract ........................................
19.3%
23.3%
19.7%
20.0%
3.7%
Average Median Price for Last 12 Months ........
$1,193,875
$1,211,792
$1,071,417
$1,198,625
0.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.300
OCT
$1,108,000
NOV DEC
MEDIAN SALES PRICE
JAN
$657
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.108 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Santa Barbara West of State DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$950,000
$957,500
$1,212,500
$980,000
3.2%
Average Price per Square Foot ...........................
$693
$706
$759
$584
-15.7%
Properties Sold .......................................................
23
16
28
23
0.0%
Properties Pending Sale .......................................
17
31
26
21
23.5%
Properties For Sale ................................................
77
76
70
79
2.6%
Days on Market (Pending Sale) ...........................
36
45
40
22
-38.9%
Month’s Supply of Inventory ................................
3.3
4.8
2.5
3.4
2.6%
Percent Under Contract ........................................
22.1%
40.8%
37.1%
26.6%
20.4%
Average Median Price for Last 12 Months ........
$951,333
$1,062,083
$1,089,167
$1,054,583
10.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$950
OCT
$980,000
NOV DEC
MEDIAN SALES PRICE
JAN
$584
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$980 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Santa Ynez DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$640,000
$1,157,500
$738,750
$772,500
20.7%
Average Price per Square Foot ...........................
$291
$397
$367
$440
51.2%
Properties Sold .......................................................
9
18
10
12
33.3%
Properties Pending Sale .......................................
14
11
9
13
-7.1%
Properties For Sale ................................................
116
100
114
129
11.2%
Days on Market (Pending Sale) ...........................
77
84
88
75
-2.6%
Month’s Supply of Inventory ................................
12.9
5.6
11.4
10.8
-16.6%
Percent Under Contract ........................................
12.1%
11.0%
7.9%
10.1%
-16.5%
Average Median Price for Last 12 Months ........
$716,959
$831,708
$787,500
$764,000
6.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$640
OCT
$772,500
NOV DEC
MEDIAN SALES PRICE
JAN
$440
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
10.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$772 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Encino DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$545,000
$545,000
$545,000
$545,000
11.0%
Average Price per Square Foot ...........................
$388
$388
$388
$388
5.4%
Properties Sold .......................................................
8
8
8
8
-37.5%
Properties Pending Sale .......................................
1
1
1
1
300.0%
Properties For Sale ................................................
30
30
30
30
-43.3%
Days on Market (Pending Sale) ...........................
127
127
127
127
-78.0%
Month’s Supply of Inventory ................................
3.8
3.8
3.8
3.8
-9.3%
Percent Under Contract ........................................
3.3%
3.3%
3.3%
3.3%
605.9%
Average Median Price for Last 12 Months ........
$476,000
$476,000
$476,000
$476,000
11.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JAN FEB
$9,695,729
MAR APR
MEDIAN SALES PRICE
MAY
$245
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
67 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Monterey County
Carmel
Pacific Grove
Carmel Valley
Pebble Beach
Marina
Salinas
Monterey
Seaside
Micro Market Report : September 2015
telesproperties.com
County: MONTEREY Area: 3,771 SQ MILES Founded: 1850
Micro Market Report : September 2015
telesproperties.com
Carmel DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,675,000
$1,226,500
$869,000
$1,375,000
-17.9%
Average Price per Square Foot ...........................
$906
$801
$685
$761
-16.0%
Properties Sold .......................................................
17
24
23
27
58.8%
Properties Pending Sale .......................................
30
28
23
17
-43.3%
Properties For Sale ................................................
145
144
163
156
7.6%
Days on Market (Pending Sale) ...........................
69
137
85
102
47.8%
Month’s Supply of Inventory ................................
8.5
6
7.1
5.8
-32.3%
Percent Under Contract ........................................
20.7%
19.4%
14.1%
10.9%
-47.3%
Average Median Price for Last 12 Months ........
$1,383,333
$1,243,000
$1,300,167
$1,341,096
-3.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.675
OCT
$1,375,000
NOV DEC
MEDIAN SALES PRICE
JAN
$761
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.375 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Carmel Valley DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$985,000
$812,500
$968,250
$1,200,000
21.8%
Average Price per Square Foot ...........................
$390
$409
$450
$497
27.4%
Properties Sold .......................................................
6
10
14
9
50.0%
Properties Pending Sale .......................................
6
8
7
7
16.7%
Properties For Sale ................................................
92
61
61
66
-28.3%
Days on Market (Pending Sale) ...........................
40
140
55
38
-5.0%
Month’s Supply of Inventory ................................
15.3
6.1
4.4
7.3
-52.2%
Percent Under Contract ........................................
6.5%
13.1%
11.5%
10.6%
62.6%
Average Median Price for Last 12 Months ........
$1,026,563
$963,190
$893,629
$928,345
-9.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$985
OCT
$1,200,000
NOV DEC
MEDIAN SALES PRICE
JAN
$497
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Marina DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$481,150
$438,000
$432,000
$445,950
-7.3%
Average Price per Square Foot ...........................
$260
$288
$283
$318
22.3%
Properties Sold .......................................................
7
9
9
8
14.3%
Properties Pending Sale .......................................
13
11
7
13
0.0%
Properties For Sale ................................................
42
20
21
36
-14.3%
Days on Market (Pending Sale) ...........................
108
26
14
16
-85.2%
Month’s Supply of Inventory ................................
6
2.2
2.3
4.5
-25.0%
Percent Under Contract ........................................
31.0%
55.0%
33.3%
36.1%
16.7%
Average Median Price for Last 12 Months ........
$0
$448,575
$460,650
$440,577
0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$481
OCT
$445,950
NOV DEC
MEDIAN SALES PRICE
JAN
$318
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$445 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Monterey DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$664,500
$650,000
$675,000
$790,000
18.9%
Average Price per Square Foot ...........................
$434
$375
$427
$471
8.5%
Properties Sold .......................................................
24
23
17
14
-41.7%
Properties Pending Sale .......................................
23
29
32
22
-4.3%
Properties For Sale ................................................
136
100
105
108
-20.6%
Days on Market (Pending Sale) ...........................
52
105
62
52
0.0%
Month’s Supply of Inventory ................................
5.7
4.3
6.2
7.7
36.1%
Percent Under Contract ........................................
16.9%
29.0%
30.5%
20.4%
20.5%
Average Median Price for Last 12 Months ........
$622,604
$729,500
$755,000
$692,713
11.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$664
OCT
$790,000
NOV DEC
MEDIAN SALES PRICE
JAN
$471
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$790 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Pacific Grove DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$774,000
$815,000
$770,000
$821,500
6.1%
Average Price per Square Foot ...........................
$528
$590
$592
$707
33.9%
Properties Sold .......................................................
8
17
19
9
12.5%
Properties Pending Sale .......................................
13
17
17
13
0.0%
Properties For Sale ................................................
66
51
62
56
-15.2%
Days on Market (Pending Sale) ...........................
73
85
29
93
27.4%
Month’s Supply of Inventory ................................
8.2
3
3.3
6.2
-24.6%
Percent Under Contract ........................................
19.7%
33.3%
27.4%
23.2%
17.9%
Average Median Price for Last 12 Months ........
$731,863
$771,000
$761,167
$775,708
6.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$774
OCT
$821,500
NOV DEC
MEDIAN SALES PRICE
JAN
$707
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$821 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Pebble Beach DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,570,000
$1,348,000
$1,085,000
$2,380,000
51.6%
Average Price per Square Foot ...........................
$735
$525
$571
$635
-13.6%
Properties Sold .......................................................
15
9
9
7
-53.3%
Properties Pending Sale .......................................
12
14
16
12
0.0%
Properties For Sale ................................................
84
88
81
85
1.2%
Days on Market (Pending Sale) ...........................
75
143
68
118
57.3%
Month’s Supply of Inventory ................................
5.6
9.8
9
12.1
116.8%
Percent Under Contract ........................................
14.3%
15.9%
19.8%
14.1%
-1.2%
Average Median Price for Last 12 Months ........
$1,468,935
$1,658,083
$1,639,167
$1,546,688
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.570
OCT
$2,380,000
NOV DEC
MEDIAN SALES PRICE
JAN
$635
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
12.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.380 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Salinas DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$389,000
$420,000
$420,000
$420,000
8.0%
Average Price per Square Foot ...........................
$253
$247
$264
$259
2.4%
Properties Sold .......................................................
51
49
75
67
31.4%
Properties Pending Sale .......................................
57
67
77
66
15.8%
Properties For Sale ................................................
275
198
224
222
-19.3%
Days on Market (Pending Sale) ...........................
44
64
49
37
-15.9%
Month’s Supply of Inventory ................................
5.4
4
3
3.3
-38.6%
Percent Under Contract ........................................
20.7%
33.8%
34.4%
29.7%
43.4%
Average Median Price for Last 12 Months ........
$0
$415,521
$415,483
$410,569
0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$389
OCT
$420,000
NOV DEC
MEDIAN SALES PRICE
JAN
$259
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$420 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Seaside DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$348,284
$364,000
$414,000
$427,500
22.7%
Average Price per Square Foot ...........................
$294
$302
$353
$333
13.3%
Properties Sold .......................................................
19
17
14
14
-26.3%
Properties Pending Sale .......................................
17
19
20
18
5.9%
Properties For Sale ................................................
72
36
43
45
-37.5%
Days on Market (Pending Sale) ...........................
36
48
24
80
122.2%
Month’s Supply of Inventory ................................
3.8
2.1
3.1
3.2
-15.2%
Percent Under Contract ........................................
23.6%
52.8%
46.5%
40.0%
69.4%
Average Median Price for Last 12 Months ........
$347,545
$411,333
$424,167
$385,250
10.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$348
OCT
$427,500
NOV DEC
MEDIAN SALES PRICE
JAN
$333
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$427 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
San Diego County
San Diego Macro
La Mesa
Carlsbad
Lemon Grove
Carmel Valley
National City
Chula Vista
Oceanside
Coronado
Poway
Del Mar
Rancho Bernardo
El Cajon
San Marcos
Encinitas
Santee
Escondido
Solana Beach
Imperial Beach
Vista
La Jolla
Micro Market Report : September 2015
telesproperties.com
County: SAN DIEGO Area: 4,526 SQ MILES Founded: 1850
Micro Market Report : September 2015
telesproperties.com
San Diego Macro DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$505,000
$515,000
$545,000
$525,000
4.0%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
1916
2019
2567
1890
-1.4%
Properties Pending Sale .......................................
1841
2465
2376
2101
14.1%
Properties For Sale ................................................
9,899
8,477
8,961
8,385
-15.3%
Days on Market (Pending Sale) ...........................
53
45
44
46
-13.2%
Month’s Supply of Inventory ................................
5.2
4.2
3.5
4.4
-14.1%
Percent Under Contract ........................................
18.6%
29.1%
26.5%
25.1%
34.7%
Average Median Price for Last 12 Months ........
$488,433
$532,792
$536,417
$514,313
5.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$505
OCT
$525,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$525 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Carlsbad DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$785,000
$789,500
$872,500
$823,750
4.9%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
87
88
139
104
19.5%
Properties Pending Sale .......................................
83
118
137
95
14.5%
Properties For Sale ................................................
422
370
449
394
-6.6%
Days on Market (Pending Sale) ...........................
51
42
31
40
-21.6%
Month’s Supply of Inventory ................................
4.9
4.2
3.2
3.8
-21.9%
Percent Under Contract ........................................
19.7%
31.9%
30.5%
24.1%
22.6%
Average Median Price for Last 12 Months ........
$772,728
$821,542
$818,083
$809,271
4.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$785
OCT
$823,750
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$823 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Carmel Valley DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,180,000
$1,230,000
$1,202,500
$1,150,000
-2.5%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
32
46
58
32
0.0%
Properties Pending Sale .......................................
30
48
48
35
16.7%
Properties For Sale ................................................
175
163
212
203
16.0%
Days on Market (Pending Sale) ...........................
53
48
58
50
-5.7%
Month’s Supply of Inventory ................................
5.5
3.5
3.7
6.3
16.0%
Percent Under Contract ........................................
17.1%
29.4%
22.6%
17.2%
0.6%
Average Median Price for Last 12 Months ........
$1,084,188
$1,164,750
$1,137,167
$1,132,458
4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.180
OCT
$1,150,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Chula Vista DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$463,900
$461,500
$495,500
$490,000
5.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
137
132
170
142
3.6%
Properties Pending Sale .......................................
155
186
182
186
20.0%
Properties For Sale ................................................
574
560
582
519
-9.6%
Days on Market (Pending Sale) ...........................
47
42
41
41
-12.8%
Month’s Supply of Inventory ................................
4.2
4.2
3.4
3.7
-12.8%
Percent Under Contract ........................................
27.0%
33.2%
31.3%
35.8%
32.7%
Average Median Price for Last 12 Months ........
$443,238
$479,167
$486,667
$463,054
4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$463
OCT
$490,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$490 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Coronado DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,607,500
$1,830,000
$1,542,500
$1,860,000
15.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
20
13
18
13
-35.0%
Properties Pending Sale .......................................
11
20
15
16
45.5%
Properties For Sale ................................................
90
116
120
125
38.9%
Days on Market (Pending Sale) ...........................
70
103
86
68
-2.9%
Month’s Supply of Inventory ................................
4.5
8.9
6.7
9.6
113.7%
Percent Under Contract ........................................
12.2%
17.2%
12.5%
12.8%
4.7%
Average Median Price for Last 12 Months ........
$1,555,979
$1,817,583
$1,911,667
$1,701,792
8.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.607
OCT
$1,860,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.860 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Del Mar DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,600,000
$1,465,000
$2,180,000
$2,579,375
61.2%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
17
11
21
14
-17.6%
Properties Pending Sale .......................................
20
25
14
14
-30.0%
Properties For Sale ................................................
128
86
85
87
-32.0%
Days on Market (Pending Sale) ...........................
69
86
58
55
-20.3%
Month’s Supply of Inventory ................................
7.5
7.8
4
6.2
-17.5%
Percent Under Contract ........................................
15.6%
29.1%
16.5%
16.1%
3.0%
Average Median Price for Last 12 Months ........
$1,645,810
$1,860,854
$1,874,792
$1,662,777
1.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.600
OCT
$2,579,375
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.579 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
El Cajon DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$420,000
$424,000
$454,500
$487,500
16.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
81
87
120
100
23.5%
Properties Pending Sale .......................................
100
128
88
110
10.0%
Properties For Sale ................................................
528
391
372
366
-30.7%
Days on Market (Pending Sale) ...........................
58
51
35
45
-22.4%
Month’s Supply of Inventory ................................
6.5
4.5
3.1
3.7
-43.9%
Percent Under Contract ........................................
18.9%
32.7%
23.7%
30.1%
58.7%
Average Median Price for Last 12 Months ........
$409,645
$456,917
$462,500
$445,458
8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$420
OCT
$487,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$487 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Encinitas DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$971,810
$984,500
$1,065,000
$1,265,000
30.2%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
36
60
46
36
0.0%
Properties Pending Sale .......................................
25
51
52
37
48.0%
Properties For Sale ................................................
192
165
186
170
-11.5%
Days on Market (Pending Sale) ...........................
48
41
33
48
0.0%
Month’s Supply of Inventory ................................
5.3
2.8
4
4.7
-11.5%
Percent Under Contract ........................................
13.0%
30.9%
28.0%
21.8%
67.2%
Average Median Price for Last 12 Months ........
$921,547
$1,152,550
$1,133,433
$1,107,640
16.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$971
OCT
$1,265,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.265 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Escondido DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$421,500
$426,000
$448,800
$455,000
7.9%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
127
114
141
126
-0.8%
Properties Pending Sale .......................................
100
170
170
133
33.0%
Properties For Sale ................................................
644
567
595
500
-22.4%
Days on Market (Pending Sale) ...........................
64
55
54
53
-17.2%
Month’s Supply of Inventory ................................
5.1
5
4.2
4
-21.7%
Percent Under Contract ........................................
15.5%
30.0%
28.6%
26.6%
71.3%
Average Median Price for Last 12 Months ........
$423,125
$462,133
$466,333
$447,521
5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$421
OCT
$455,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$455 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Imperial-Beach DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$413,500
$475,000
$470,000
$449,000
8.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
16
11
9
13
-18.8%
Properties Pending Sale .......................................
13
7
6
11
-15.4%
Properties For Sale ................................................
37
27
32
31
-16.2%
Days on Market (Pending Sale) ...........................
12
17
17
69
475.0%
Month’s Supply of Inventory ................................
2.3
2.5
3.6
2.4
3.1%
Percent Under Contract ........................................
35.1%
25.9%
18.8%
35.5%
1.0%
Average Median Price for Last 12 Months ........
$390,065
$445,458
$435,083
$444,063
12.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$413
OCT
$449,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$449 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
La Jolla DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,600,000
$1,675,000
$1,727,500
$1,848,812
15.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
30
37
40
22
-26.7%
Properties Pending Sale .......................................
26
43
28
24
-7.7%
Properties For Sale ................................................
269
239
271
252
-6.3%
Days on Market (Pending Sale) ...........................
58
55
69
85
46.6%
Month’s Supply of Inventory ................................
9
6.5
6.8
11.5
27.7%
Percent Under Contract ........................................
9.7%
18.0%
10.3%
9.5%
-1.5%
Average Median Price for Last 12 Months ........
$1,699,792
$1,817,219
$1,871,937
$1,775,818
4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.600
OCT
$1,848,812
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
11.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.848 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
La Mesa DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$430,000
$475,000
$495,000
$488,742
13.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
65
82
81
68
4.6%
Properties Pending Sale .......................................
56
69
49
64
14.3%
Properties For Sale ................................................
258
192
197
196
-24.0%
Days on Market (Pending Sale) ...........................
53
57
32
42
-20.8%
Month’s Supply of Inventory ................................
4.6
2.8
4
2.9
-37.4%
Percent Under Contract ........................................
21.7%
35.9%
24.9%
32.7%
50.4%
Average Median Price for Last 12 Months ........
$457,288
$485,876
$478,985
$472,563
3.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$430
OCT
$488,742
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$488 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Lemon Grove DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$327,750
$355,000
$385,000
$355,000
8.3%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
18
23
27
15
-16.7%
Properties Pending Sale .......................................
19
25
17
23
21.1%
Properties For Sale ................................................
71
63
60
49
-31.0%
Days on Market (Pending Sale) ...........................
62
24
40
35
-43.5%
Month’s Supply of Inventory ................................
3.7
2.5
3.5
3.3
-12.6%
Percent Under Contract ........................................
26.8%
39.7%
28.3%
46.9%
75.4%
Average Median Price for Last 12 Months ........
$336,813
$377,958
$374,583
$370,371
9.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$327
OCT
$355,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$355 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
National City DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$318,000
$299,900
$340,000
$365,000
14.8%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
18
23
23
13
-27.8%
Properties Pending Sale .......................................
11
20
19
23
109.1%
Properties For Sale ................................................
64
59
57
52
-18.8%
Days on Market (Pending Sale) ...........................
54
33
48
33
-38.9%
Month’s Supply of Inventory ................................
5.8
3
3
4
-31.2%
Percent Under Contract ........................................
17.2%
33.9%
33.3%
44.2%
157.3%
Average Median Price for Last 12 Months ........
$303,938
$346,750
$361,000
$331,658
8.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$318
OCT
$365,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$365 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Oceanside DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$452,500
$457,000
$499,050
$466,500
3.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
118
127
196
128
8.5%
Properties Pending Sale .......................................
104
145
159
135
29.8%
Properties For Sale ................................................
520
447
456
402
-22.7%
Days on Market (Pending Sale) ...........................
50
41
47
44
-12.0%
Month’s Supply of Inventory ................................
4.4
3.5
2.3
3.1
-28.7%
Percent Under Contract ........................................
20.0%
32.4%
34.9%
33.6%
67.9%
Average Median Price for Last 12 Months ........
$437,675
$474,342
$472,167
$461,496
5.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$452
OCT
$466,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$466 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Poway DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$645,000
$644,500
$648,000
$680,000
5.4%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
48
32
55
47
-2.1%
Properties Pending Sale .......................................
37
52
53
31
-16.2%
Properties For Sale ................................................
207
178
210
187
-9.7%
Days on Market (Pending Sale) ...........................
39
31
51
49
25.6%
Month’s Supply of Inventory ................................
4.3
5.6
3.8
4
-7.7%
Percent Under Contract ........................................
17.9%
29.2%
25.2%
16.6%
-7.3%
Average Median Price for Last 12 Months ........
$618,125
$664,250
$665,000
$634,604
2.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$645
OCT
$680,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Rancho Bernardo DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$778,900
$717,500
$720,000
$735,000
-5.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
82
92
131
92
12.2%
Properties Pending Sale .......................................
107
126
114
98
-8.4%
Properties For Sale ................................................
449
370
425
409
-8.9%
Days on Market (Pending Sale) ...........................
43
37
32
43
0.0%
Month’s Supply of Inventory ................................
5.5
4
3.2
4.4
-18.8%
Percent Under Contract ........................................
23.8%
34.1%
26.8%
24.0%
0.5%
Average Median Price for Last 12 Months ........
$684,942
$723,083
$732,667
$715,033
4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$778
OCT
$735,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$735 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
San Marcos DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$560,000
$568,250
$582,500
$542,500
-3.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
53
52
103
82
54.7%
Properties Pending Sale .......................................
48
76
93
73
52.1%
Properties For Sale ................................................
269
239
290
250
-7.1%
Days on Market (Pending Sale) ...........................
52
42
31
41
-21.2%
Month’s Supply of Inventory ................................
5.1
4.6
2.8
3
-39.9%
Percent Under Contract ........................................
17.8%
31.8%
32.1%
29.2%
63.6%
Average Median Price for Last 12 Months ........
$543,354
$582,725
$566,900
$565,133
3.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$560
OCT
$542,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$542 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Santee DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$433,000
$415,000
$460,000
$455,000
5.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
33
49
35
45
36.4%
Properties Pending Sale .......................................
36
40
49
41
13.9%
Properties For Sale ................................................
142
96
106
99
-30.3%
Days on Market (Pending Sale) ...........................
47
30
29
26
-44.7%
Month’s Supply of Inventory ................................
4.3
2
3
2.2
-48.9%
Percent Under Contract ........................................
25.4%
41.7%
46.2%
41.4%
63.4%
Average Median Price for Last 12 Months ........
$409,407
$441,375
$441,083
$426,271
4.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$433
OCT
$455,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$455 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Solana Beach DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,875,000
$1,290,000
$1,445,500
$1,197,500
-36.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
7
15
6
6
-14.3%
Properties Pending Sale .......................................
6
6
4
4
-33.3%
Properties For Sale ................................................
51
32
32
34
-33.3%
Days on Market (Pending Sale) ...........................
71
90
120
24
-66.2%
Month’s Supply of Inventory ................................
7.3
2.1
5.3
5.7
-22.2%
Percent Under Contract ........................................
11.8%
18.8%
12.5%
11.8%
0.0%
Average Median Price for Last 12 Months ........
$1,389,088
$1,699,500
$1,427,500
$1,513,881
8.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.875
SEP OCT
$1,197,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.197 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Vista DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$425,500
$420,000
$460,000
$464,270
9.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
57
62
91
58
1.8%
Properties Pending Sale .......................................
71
97
90
96
35.2%
Properties For Sale ................................................
420
320
293
288
-31.4%
Days on Market (Pending Sale) ...........................
42
43
47
49
16.7%
Month’s Supply of Inventory ................................
7.4
5.2
3.2
5
-32.6%
Percent Under Contract ........................................
16.9%
30.3%
30.7%
33.3%
97.2%
Average Median Price for Last 12 Months ........
$421,345
$470,862
$478,590
$449,181
6.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$425
OCT
$464,270
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$464 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Condominiums
Beverly Center - Miracle Mile
Santa Monica
Beverly Hills
Sherman Oaks
Brentwood
Studio City
Culver City
Venice
Encino
West Hollywood
Malibu
West LA
Marina Del Rey
Westwood - Century City
Micro Market Report : September 2015
telesproperties.com
County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY
Micro Market Report : September 2015
telesproperties.com
Beverly Center - Miracle Mile DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$560,000
$675,500
$726,000
$735,000
31.2%
Average Price per Square Foot ...........................
$539
$470
$489
$534
-0.9%
Properties Sold .......................................................
8
11
4
16
100.0%
Properties Pending Sale .......................................
6
12
10
12
100.0%
Properties For Sale ................................................
37
33
35
40
8.1%
Days on Market (Pending Sale) ...........................
40
35
38
31
-22.5%
Month’s Supply of Inventory ................................
4.6
3
8.7
2.5
-45.9%
Percent Under Contract ........................................
16.2%
36.4%
28.6%
30.0%
85.0%
Average Median Price for Last 12 Months ........
$650,750
$695,417
$751,333
$678,015
4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$560
OCT
$735,000
NOV DEC
MEDIAN SALES PRICE
JAN
$534
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$735 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Beverly Hills DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,160,000
$1,285,000
$970,000
$1,200,000
3.4%
Average Price per Square Foot ...........................
$626
$667
$657
$662
5.8%
Properties Sold .......................................................
13
16
16
9
-30.8%
Properties Pending Sale .......................................
7
10
9
9
28.6%
Properties For Sale ................................................
52
50
53
57
9.6%
Days on Market (Pending Sale) ...........................
71
67
51
49
-31.0%
Month’s Supply of Inventory ................................
4
3.1
3.3
6.3
58.3%
Percent Under Contract ........................................
13.5%
20.0%
17.0%
15.8%
17.3%
Average Median Price for Last 12 Months ........
$1,004,912
$1,094,583
$1,140,000
$1,101,030
9.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.160
OCT
$1,200,000
NOV DEC
MEDIAN SALES PRICE
JAN
$662
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Brentwood DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$810,000
$819,000
$751,000
$679,000
-16.2%
Average Price per Square Foot ...........................
$531
$568
$537
$551
3.8%
Properties Sold .......................................................
23
15
28
20
-13.0%
Properties Pending Sale .......................................
13
19
21
26
100.0%
Properties For Sale ................................................
88
70
81
94
6.8%
Days on Market (Pending Sale) ...........................
50
58
49
49
-2.0%
Month’s Supply of Inventory ................................
3.8
4.7
2.9
4.7
22.8%
Percent Under Contract ........................................
14.8%
27.1%
25.9%
27.7%
87.2%
Average Median Price for Last 12 Months ........
$699,748
$767,417
$746,500
$744,415
6.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $810
SEP OCT
$679,000
NOV DEC
MEDIAN SALES PRICE
JAN
$551
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$679 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Culver City DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$425,000
$440,000
$360,000
$440,000
3.5%
Average Price per Square Foot ...........................
$369
$405
$432
$436
18.2%
Properties Sold .......................................................
17
24
23
21
23.5%
Properties Pending Sale .......................................
15
19
18
12
-20.0%
Properties For Sale ................................................
49
42
37
35
-28.6%
Days on Market (Pending Sale) ...........................
43
23
22
22
-48.8%
Month’s Supply of Inventory ................................
2.9
1.8
1.6
1.7
-42.2%
Percent Under Contract ........................................
30.6%
45.2%
48.6%
34.3%
12.0%
Average Median Price for Last 12 Months ........
$389,375
$448,333
$442,500
$429,692
10.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$425
OCT
$440,000
NOV DEC
MEDIAN SALES PRICE
JAN
$436
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$440 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Encino DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$281,000
$334,000
$340,000
$271,000
-3.6%
Average Price per Square Foot ...........................
$274
$267
$287
$257
-6.2%
Properties Sold .......................................................
14
20
25
13
-7.1%
Properties Pending Sale .......................................
16
16
30
25
56.2%
Properties For Sale ................................................
48
43
44
37
-22.9%
Days on Market (Pending Sale) ...........................
64
58
64
55
-14.1%
Month’s Supply of Inventory ................................
3.4
2.2
1.8
2.8
-17.0%
Percent Under Contract ........................................
33.3%
37.2%
68.2%
67.6%
102.7%
Average Median Price for Last 12 Months ........
$291,000
$318,333
$299,333
$315,615
8.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$281
OCT
$271,000
NOV DEC
MEDIAN SALES PRICE
JAN
$257
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$271 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Malibu DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$825,000
$560,000
$540,000
$530,000
-35.8%
Average Price per Square Foot ...........................
$542
$591
$562
$520
-4.1%
Properties Sold .......................................................
3
3
6
3
0.0%
Properties Pending Sale .......................................
1
2
2
3
200.0%
Properties For Sale ................................................
26
24
24
25
-3.8%
Days on Market (Pending Sale) ...........................
39
138
77
140
259.0%
Month’s Supply of Inventory ................................
8.7
8
4
8.3
-3.8%
Percent Under Contract ........................................
3.8%
8.3%
8.3%
12.0%
212.0%
Average Median Price for Last 12 Months ........
$900,250
$628,333
$670,000
$818,333
-9.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $825
SEP OCT
$530,000
NOV DEC
MEDIAN SALES PRICE
JAN
$520
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
8.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$530 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Marina Del Rey DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$771,000
$850,000
$785,000
$773,000
0.3%
Average Price per Square Foot ...........................
$666
$566
$668
$569
-14.6%
Properties Sold .......................................................
18
27
21
24
33.3%
Properties Pending Sale .......................................
37
25
22
27
-27.0%
Properties For Sale ................................................
115
107
99
87
-24.3%
Days on Market (Pending Sale) ...........................
74
63
53
56
-24.3%
Month’s Supply of Inventory ................................
6.4
4
4.7
3.6
-43.3%
Percent Under Contract ........................................
32.2%
23.4%
22.2%
31.0%
-3.5%
Average Median Price for Last 12 Months ........
$790,133
$865,452
$880,903
$845,455
7.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$771
OCT
$773,000
NOV DEC
MEDIAN SALES PRICE
JAN
$569
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$773 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Santa Monica DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$1,185,400
$997,500
$870,000
$824,250
-30.5%
Average Price per Square Foot ...........................
$1,068
$998
$823
$866
-18.9%
Properties Sold .......................................................
32
38
39
30
-6.2%
Properties Pending Sale .......................................
38
33
33
25
-34.2%
Properties For Sale ................................................
164
115
141
102
-37.8%
Days on Market (Pending Sale) ...........................
46
47
37
62
34.8%
Month’s Supply of Inventory ................................
5.1
3
3.6
3.4
-33.7%
Percent Under Contract ........................................
23.2%
28.7%
23.4%
24.5%
5.8%
Average Median Price for Last 12 Months ........
$810,963
$1,007,042
$931,083
$952,500
17.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.185
SEP OCT
$824,250
NOV DEC
MEDIAN SALES PRICE
JAN
$866
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$824 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Sherman Oaks DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$377,000
$465,000
$428,000
$422,000
11.9%
Average Price per Square Foot ...........................
$311
$347
$327
$333
7.1%
Properties Sold .......................................................
22
32
36
30
36.4%
Properties Pending Sale .......................................
20
28
31
22
10.0%
Properties For Sale ................................................
47
32
28
38
-19.1%
Days on Market (Pending Sale) ...........................
58
44
51
50
-13.8%
Month’s Supply of Inventory ................................
2.1
1
0.8
1.3
-40.7%
Percent Under Contract ........................................
42.6%
87.5%
110.7%
57.9%
36.1%
Average Median Price for Last 12 Months ........
$394,833
$430,833
$434,333
$425,333
7.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$377
OCT
$422,000
NOV DEC
MEDIAN SALES PRICE
JAN
$333
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$422 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Studio City DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$409,000
$490,000
$563,000
$534,000
30.6%
Average Price per Square Foot ...........................
$365
$374
$410
$404
10.7%
Properties Sold .......................................................
4
13
14
13
225.0%
Properties Pending Sale .......................................
8
13
22
11
37.5%
Properties For Sale ................................................
32
24
33
31
-3.1%
Days on Market (Pending Sale) ...........................
75
79
49
70
-6.7%
Month’s Supply of Inventory ................................
8
1.8
2.4
2.4
-70.2%
Percent Under Contract ........................................
25.0%
54.2%
66.7%
35.5%
41.9%
Average Median Price for Last 12 Months ........
$473,250
$532,000
$519,667
$527,000
11.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$409
OCT
$534,000
NOV DEC
MEDIAN SALES PRICE
JAN
$404
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$534 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Venice DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$925,000
$843,500
$1,441,000
$1,130,000
22.2%
Average Price per Square Foot ...........................
$594
$801
$562
$513
-13.6%
Properties Sold .......................................................
4
2
3
1
-75.0%
Properties Pending Sale .......................................
2
1
1
4
100.0%
Properties For Sale ................................................
28
18
19
24
-14.3%
Days on Market (Pending Sale) ...........................
18
7
127
20
11.1%
Month’s Supply of Inventory ................................
7
9
6.3
24
242.9%
Percent Under Contract ........................................
7.1%
5.6%
5.3%
16.7%
133.3%
Average Median Price for Last 12 Months ........
$1,057,875
$1,312,400
$1,315,000
$1,151,150
8.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$925
OCT
$1,130,000
NOV DEC
MEDIAN SALES PRICE
JAN
$513
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
24 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.130 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
West Hollywood DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$675,000
$596,000
$567,500
$554,500
-17.9%
Average Price per Square Foot ...........................
$548
$584
$558
$628
14.6%
Properties Sold .......................................................
19
40
48
30
57.9%
Properties Pending Sale .......................................
24
43
33
26
8.3%
Properties For Sale ................................................
143
142
126
119
-16.8%
Days on Market (Pending Sale) ...........................
50
55
54
43
-14.0%
Month’s Supply of Inventory ................................
7.5
3.6
2.6
4
-47.3%
Percent Under Contract ........................................
16.8%
30.3%
26.2%
21.8%
30.2%
Average Median Price for Last 12 Months ........
$609,204
$602,333
$604,000
$609,542
0.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $675
SEP OCT
$554,500
NOV DEC
MEDIAN SALES PRICE
JAN
$628
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$554 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
West LA DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$640,000
$608,000
$702,500
$686,750
7.3%
Average Price per Square Foot ...........................
$447
$466
$506
$521
16.6%
Properties Sold .......................................................
11
14
26
14
27.3%
Properties Pending Sale .......................................
10
14
9
13
30.0%
Properties For Sale ................................................
46
41
28
42
-8.7%
Days on Market (Pending Sale) ...........................
39
45
49
33
-15.4%
Month’s Supply of Inventory ................................
4.2
2.9
1.1
3
-28.3%
Percent Under Contract ........................................
21.7%
34.1%
32.1%
31.0%
42.4%
Average Median Price for Last 12 Months ........
$595,134
$719,207
$746,747
$664,395
11.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$640
OCT
$686,750
NOV DEC
MEDIAN SALES PRICE
JAN
$521
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$686 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
Westwood - Century City DATA*
Sep 2014
6 month
3 month
Sep 2015
% change
Median Price ..........................................................
$795,000
$736,000
$812,500
$730,000
-8.2%
Average Price per Square Foot ...........................
$665
$626
$625
$712
7.1%
Properties Sold .......................................................
45
44
70
51
13.3%
Properties Pending Sale .......................................
47
50
51
44
-6.4%
Properties For Sale ................................................
274
276
276
275
0.4%
Days on Market (Pending Sale) ...........................
60
62
55
53
-11.7%
Month’s Supply of Inventory ................................
6.1
6.3
3.9
5.4
-11.4%
Percent Under Contract ........................................
17.2%
18.1%
18.5%
16.0%
-6.7%
Average Median Price for Last 12 Months ........
$742,307
$745,667
$739,667
$757,000
2.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$795
OCT
$730,000
NOV DEC
MEDIAN SALES PRICE
JAN
$712
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$730 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2015
telesproperties.com
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