September 2017 Micro Market Report | Teles Properties

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

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Reading the Report

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

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

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

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

MEDIAN PRICE:

DAYS OF MARKET (PENDING SALE):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

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

MONTH’S SUPPLY OF INVENTORY:

low) don’t hold undue influence.

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

AVERAGE PRICE PER SQUARE FOOT:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

PERCENT UNDER CONTRACT:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

PROPERTIES SOLD:

The number of property transactions

AVERAGE MEDIAN PRICE FOR LAST 12:

that closed and transferred ownership.

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

PROPERTIES PENDING SALE:

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

The number of properties on the market and seeking buyers.

ending in the identified month.

Los Angeles County

Los Angeles County Macro

Malibu Beach

Hermosa Beach

Calabasas

Bel Air - Holmby Hills

Marina del Rey

Manhattan Beach

Encino

Beverly Center - Miracle Mile

Mid Los Angeles

Palos Verdes Estates

Glendale

Beverly Hills

Mid Wilshire

Rancho Palos Verdes

La Crescenta North

Beverly Hills P.O.

Pacific Palisades

Redondo Beach - North

Hollywood

Beverlywood

Palms - Mar Vista

Redondo Beach - South

Shadow Hills

Brentwood

Playa del Rey

Rolling Hills

Sherman Oaks

Cheviot Hills - Rancho Park

Playa Vista

Rolling Hills Estates

Studio City

Culver City

Santa Monica

San Pedro

Sun Valley

Hancock Park - Wilshire

Sunset Strip - Hollywood Hills West

Torrance - County Strip

Sunland - Tujunga

Hollywood

Venice

Torrance - North

Tarzana

Hollywood Hills East

West Hollywood

Torrance - Southeast

Toluca Lake

Inglewood

West Los Angeles

Torrance - South

Valley Village

Ladera Heights

Westchester

Torrance - West

Westlake Village

Laurel Canyon

Westwood - Century City

San Fernando Macro

Woodland Hills

Los Feliz

South Bay Macro

Agoura Hills

San Gabriel Valley Macro

Malibu

El Segundo

Burbank

Altadena

Micro Market Report : September 2017

telesproperties.com

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

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

Micro Market Report : September 2017

telesproperties.com

Los Angeles County DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$579,000

$600,000

$633,000

$631,000

9.0%

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

$433

$453

$483

$470

8.5%

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

4607

4196

5323

4377

-5.0%

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

4703

5184

5202

4505

-4.2%

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

19,051

16,423

17,731

17,160

-9.9%

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

43

38

33

39

-9.3%

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

4.1

3.9

3.3

3.9

-5.2%

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

24.7%

31.6%

29.3%

26.3%

6.3%

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

$565,729

$629,500

$638,667

$604,577

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

$579

OCT

$631,000

NOV DEC

MEDIAN SALES PRICE

JAN

$470

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$631 M E 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 2017

telesproperties.com

Bel-Air Holmby Hills DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,357,500

$2,501,026

$2,499,800

$2,762,500

17.2%

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

$784

$935

$901

$995

26.9%

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

12

13

23

20

66.7%

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

15

15

18

18

20.0%

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

166

144

171

173

4.2%

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

70

38

52

72

2.9%

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

13.8

11.1

7.4

8.6

-37.5%

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

9.0%

10.4%

10.5%

10.4%

15.1%

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

$2,321,583

$2,530,383

$2,349,167

$2,169,871

-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

$2.357

OCT

$2,762,500

NOV DEC

MEDIAN SALES PRICE

JAN

$995

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.762 M E 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 2017

telesproperties.com

Beverly Center - Miracle Mile DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,100,000

$1,480,000

$1,690,850

$1,560,000

-25.7%

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

$733

$762

$759

$751

2.5%

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

15

20

22

19

26.7%

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

12

31

19

15

25.0%

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

102

94

88

88

-13.7%

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

30

58

50

27

-10.0%

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

6.8

4.7

4

4.6

-31.9%

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

11.8%

33.0%

21.6%

17.0%

44.9%

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

$1,508,063

$1,757,310

$1,588,067

$1,676,797

10.1%

*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 $2.100

SEP OCT

$1,560,000

NOV DEC

MEDIAN SALES PRICE

JAN

$751

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.560 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Beverly Hills DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,973,500

$4,650,000

$4,412,500

$6,600,000

122.0%

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

$1,715

$1,368

$1,418

$1,608

-6.2%

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

7

14

9

11

57.1%

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

14

16

8

11

-21.4%

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

135

101

113

117

-13.3%

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

81

45

30

75

-7.4%

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

19.3

7.2

12.6

10.6

-44.8%

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

10.4%

15.8%

7.1%

9.4%

-9.3%

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

$4,616,782

$5,276,333

$5,025,167

$5,103,473

9.5%

*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

$2.973

OCT

$6,600,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,608

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

10.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$6.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Beverly Hills- Post Office DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,355,000

$2,326,000

$3,853,250

$4,400,000

86.8%

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

$818

$875

$1,166

$921

12.6%

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

14

5

18

11

-21.4%

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

14

12

17

15

7.1%

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

192

172

177

156

-18.8%

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

83

58

47

62

-25.3%

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

13.7

34.4

9.8

14.2

3.4%

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

7.3%

7.0%

9.6%

9.6%

31.9%

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

$2,841,733

$4,032,125

$3,134,167

$3,236,334

12.2%

*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

$2.355

OCT

$4,400,000

NOV DEC

MEDIAN SALES PRICE

JAN

$921

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

14.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$4.400 M E 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 2017

telesproperties.com

Beverlywood DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,231,250

$1,119,000

$1,305,000

$1,270,000

3.1%

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

$660

$721

$732

$731

10.8%

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

30

17

23

13

-56.7%

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

26

22

9

15

-42.3%

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

74

52

39

52

-29.7%

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

49

20

37

26

-46.9%

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

2.5

3.1

1.7

4

62.2%

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

35.1%

42.3%

23.1%

28.8%

-17.9%

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

$1,164,572

$1,417,879

$1,391,500

$1,313,045

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

$1.231

OCT

$1,270,000

NOV DEC

MEDIAN SALES PRICE

JAN

$731

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.270 M E 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 2017

telesproperties.com

Brentwood DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,720,000

$3,500,000

$2,890,000

$2,755,000

1.3%

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

$1,039

$986

$1,154

$1,027

-1.2%

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

19

19

24

24

26.3%

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

25

25

27

14

-44.0%

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

160

148

144

147

-8.1%

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

67

61

45

45

-32.8%

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

8.4

7.8

6

6.1

-27.3%

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

15.6%

16.9%

18.8%

9.5%

-39.0%

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

$3,015,677

$3,000,112

$3,034,167

$3,197,282

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

$2.720

OCT

$2,755,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,027

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.755 M E 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 2017

telesproperties.com

Cheviot Hills - Rancho Park DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,350,000

$2,660,000

$2,220,000

$1,927,525

42.8%

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

$759

$814

$783

$925

21.9%

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

9

13

10

7

-22.2%

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

6

12

10

3

-50.0%

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

33

34

29

25

-24.2%

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

44

29

21

83

88.6%

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

3.7

2.6

2.9

3.6

-2.6%

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

18.2%

35.3%

34.5%

12.0%

-34.0%

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

$1,937,928

$2,037,088

$1,770,175

$1,899,925

-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

$1.350

OCT

$1,927,525

NOV DEC

MEDIAN SALES PRICE

JAN

$925

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.927 M E 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 2017

telesproperties.com

Culver City DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,200,000

$1,236,000

$1,000,000

$1,222,000

1.8%

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

$748

$753

$889

$817

9.2%

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

31

17

19

23

-25.8%

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

20

18

23

18

-10.0%

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

56

52

63

63

12.5%

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

44

29

26

0

-100.0%

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

1.8

3.1

3.3

2.7

51.6%

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

35.7%

34.6%

36.5%

28.6%

-20.0%

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

$1,084,563

$1,186,250

$1,213,333

$1,174,904

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

$1.200

OCT

$1,222,000

NOV DEC

MEDIAN SALES PRICE

JAN

$817

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.222 M E 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 2017

telesproperties.com

Downtown DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$294,500

$365,000

$359,500

$349,500

18.7%

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

$261

$273

$272

$343

31.4%

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

8

15

6

6

-25.0%

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

14

17

10

12

-14.3%

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

54

57

50

58

7.4%

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

28

32

34

99

253.6%

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

6.8

3.8

8.3

9.7

43.2%

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

25.9%

29.8%

20.0%

20.7%

-20.2%

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

$326,085

$384,042

$359,833

$361,468

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

$294

OCT

$349,500

NOV DEC

MEDIAN SALES PRICE

JAN

$343

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

9.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$349 M E 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 2017

telesproperties.com

Hancock Park - Wilshire DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,507,125

$2,005,000

$1,550,000

$2,368,750

57.2%

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

$647

$653

$697

$799

23.5%

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

16

18

23

28

75.0%

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

26

32

19

24

-7.7%

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

142

103

97

102

-28.2%

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

47

30

52

44

-6.4%

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

8.9

5.7

4.2

3.6

-59.0%

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

18.3%

31.1%

19.6%

23.5%

28.5%

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

$1,492,672

$1,671,000

$1,820,083

$1,739,001

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

$1.507

OCT

$2,368,750

NOV DEC

MEDIAN SALES PRICE

JAN

$799

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.368 M E 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 2017

telesproperties.com

Hollywood DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$730,000

$850,000

$815,000

$875,000

19.9%

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

$399

$459

$752

$587

47.1%

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

5

7

7

8

60.0%

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

8

13

10

14

75.0%

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

32

44

51

46

43.8%

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

43

34

37

47

9.3%

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

6.4

6.3

7.3

5.8

-10.2%

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

25.0%

29.5%

19.6%

30.4%

21.7%

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

$972,988

$940,479

$922,625

$910,686

-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

$730

OCT

$875,000

NOV DEC

MEDIAN SALES PRICE

JAN

$587

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 2017

telesproperties.com

Hollywood Hills East DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,543,750

$1,606,250

$1,267,700

$1,465,000

-5.1%

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

$670

$598

$691

$613

-8.5%

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

12

11

17

16

33.3%

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

15

17

17

12

-20.0%

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

94

93

85

73

-22.3%

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

34

57

35

38

11.8%

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

6.3

5.5

5

4.6

-27.2%

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

16.0%

18.3%

20.0%

16.4%

3.0%

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

$1,414,656

$1,474,283

$1,532,333

$1,415,553

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 SEP

$1.543

OCT

$1,465,000

NOV DEC

MEDIAN SALES PRICE

JAN

$613

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.465 M E 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 2017

telesproperties.com

Inglewood DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$464,500

$522,500

$573,500

$543,800

17.1%

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

$353

$369

$399

$414

17.3%

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

31

26

24

20

-35.5%

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

29

30

17

19

-34.5%

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

69

81

58

59

-14.5%

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

50

23

29

27

-46.0%

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

2.4

2.7

3.4

3

24.0%

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

42.0%

37.0%

29.3%

32.2%

-23.4%

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

$440,163

$540,779

$554,267

$506,083

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

$464

OCT

$543,800

NOV DEC

MEDIAN SALES PRICE

JAN

$414

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$543 M E 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 2017

telesproperties.com

Ladera Heights DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$895,000

$1,051,250

$1,200,000

$1,292,500

44.4%

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

$390

$457

$414

$431

10.5%

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

5

6

5

4

-20.0%

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

5

10

9

10

100.0%

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

20

26

29

28

40.0%

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

50

37

53

60

20.0%

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

4

2.6

3.2

7

75.0%

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

25.0%

38.5%

31.0%

35.7%

42.9%

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

$961,656

$1,127,250

$1,151,667

$1,093,827

12.1%

*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

$895

OCT

$1,292,500

NOV DEC

MEDIAN SALES PRICE

JAN

$431

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.292 M E 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 2017

telesproperties.com

Laurel Canyon DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,450,000

$1,608,000

$1,900,000

$1,380,000

-4.8%

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

$712

$725

$907

$773

8.6%

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

23

23

30

22

-4.3%

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

24

32

30

26

8.3%

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

195

158

165

160

-17.9%

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

58

43

47

94

62.1%

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

8.1

4.9

5.5

6.2

-24.3%

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

12.3%

20.3%

18.2%

16.2%

32.0%

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

$1,525,320

$1,722,708

$1,605,833

$1,670,812

9.5%

*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

$1.450

OCT

$1,380,000

NOV DEC

MEDIAN SALES PRICE

JAN

$773

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.380 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Los Feliz DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,695,000

$1,175,000

$1,775,000

$1,658,500

-2.2%

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

$672

$700

$881

$680

1.2%

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

16

14

31

18

12.5%

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

17

21

26

20

17.6%

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

87

101

100

95

9.2%

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

55

52

52

46

-16.4%

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

5.1

4.8

3.8

5.3

3.1%

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

19.5%

20.8%

26.0%

21.1%

7.7%

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

$1,579,096

$1,686,417

$1,744,500

$1,656,032

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

$1.695

OCT

$1,658,500

NOV DEC

MEDIAN SALES PRICE

JAN

$680

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.658 M E 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 2017

telesproperties.com

Malibu DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,770,000

$2,842,000

$2,637,100

$2,280,000

-17.7%

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

$820

$997

$1,076

$865

5.5%

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

21

14

22

13

-38.1%

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

25

20

22

17

-32.0%

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

222

222

234

207

-6.8%

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

106

137

125

88

-17.0%

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

10.6

15.9

10.6

15.9

50.6%

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

11.3%

9.0%

9.4%

8.2%

-27.1%

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

$2,374,129

$2,982,621

$2,884,542

$2,830,748

16.1%

*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

$2.770

OCT

$2,280,000

NOV DEC

MEDIAN SALES PRICE

JAN

$865

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

15.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.280 M E 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 2017

telesproperties.com

Malibu Beach DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$5,400,000

$6,965,000

$7,300,000

$7,000,000

29.6%

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

$2,192

$2,127

$2,765

$2,435

11.1%

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

9

5

5

5

-44.4%

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

3

2

1

6

100.0%

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

90

77

91

89

-1.1%

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

267

50

147

187

-30.0%

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

10

15.4

18.2

17.8

78.0%

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

3.3%

2.6%

1.1%

6.7%

102.2%

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

$6,886,583

$7,958,917

$7,946,667

$8,011,365

14.0%

*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

$5.400

OCT

$7,000,000

NOV DEC

MEDIAN SALES PRICE

JAN

$2,435

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

17.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$7.000 M E 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 2017

telesproperties.com

Marina Del Rey DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,600,000

$1,512,000

$1,150,000

$1,265,000

-20.9%

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

$904

$785

$777

$793

-12.3%

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

2

8

7

6

200.0%

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

3

8

6

9

200.0%

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

26

26

37

34

30.8%

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

66

48

57

60

-9.1%

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

13

3.2

5.3

5.7

-56.4%

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

11.5%

30.8%

16.2%

26.5%

129.4%

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

$1,539,833

$1,300,583

$1,225,500

$1,362,463

-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 $1.600

SEP OCT

$1,265,000

NOV DEC

MEDIAN SALES PRICE

JAN

$793

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.7 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 2017

telesproperties.com

Mid Los Angeles DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$577,535

$680,500

$685,000

$780,000

35.1%

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

$429

$439

$450

$465

8.4%

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

30

34

41

23

-23.3%

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

40

44

56

35

-12.5%

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

135

132

138

120

-11.1%

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

42

27

38

33

-21.4%

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

4.5

3.9

3.4

5.2

15.9%

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

29.6%

33.3%

40.6%

29.2%

-1.6%

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

$579,357

$722,708

$765,833

$672,560

13.9%

*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

$577

OCT

$780,000

NOV DEC

MEDIAN SALES PRICE

JAN

$465

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.2 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 2017

telesproperties.com

Mid Wilshire DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$877,000

$843,750

$879,000

$1,270,000

44.8%

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

$510

$498

$520

$576

12.9%

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

5

6

10

1

-80.0%

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

5

10

4

0

-100.0%

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

24

33

25

18

-25.0%

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

19

43

61

0

-100.0%

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

4.8

5.5

2.5

18

275.0%

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

20.8%

30.3%

16.0%

0.0%

-100.0%

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

$786,500

$1,002,958

$1,128,333

$930,404

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

$877

OCT

$1,270,000

NOV DEC

MEDIAN SALES PRICE

JAN

$576

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

18 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.270 M E 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 2017

telesproperties.com

Pacific Palisades DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,800,180

$2,487,500

$2,865,000

$3,017,500

7.8%

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

$1,057

$936

$1,108

$962

-9.0%

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

21

20

25

20

-4.8%

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

15

25

23

14

-6.7%

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

147

122

128

110

-25.2%

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

68

50

44

47

-30.9%

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

7

6.1

5.1

5.5

-21.4%

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

10.2%

20.5%

18.0%

12.7%

24.7%

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

$2,701,838

$3,348,713

$3,621,000

$3,252,728

16.9%

*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

$2.800

OCT

$3,017,500

NOV DEC

MEDIAN SALES PRICE

JAN

$962

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.017 M E 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 2017

telesproperties.com

Palms - Mar Vista DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,493,500

$1,315,000

$1,560,000

$1,449,500

-2.9%

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

$811

$831

$773

$806

-0.6%

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

31

24

41

26

-16.1%

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

26

31

38

36

38.5%

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

97

83

90

104

7.2%

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

39

32

19

31

-20.5%

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

3.1

3.5

2.2

4

27.8%

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

26.8%

37.3%

42.2%

34.6%

29.1%

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

$1,300,794

$1,489,553

$1,521,433

$1,482,717

12.3%

*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

$1.493

OCT

$1,449,500

NOV DEC

MEDIAN SALES PRICE

JAN

$806

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.449 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 2017

telesproperties.com

Playa Del Rey DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,677,250

$1,750,000

$1,595,000

$1,617,000

-3.6%

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

$633

$580

$690

$859

35.7%

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

2

7

6

5

150.0%

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

4

10

5

4

0.0%

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

20

20

16

20

0.0%

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

50

64

39

22

-56.0%

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

10

2.9

2.7

4

-60.0%

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

20.0%

50.0%

31.2%

20.0%

0.0%

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

$1,558,752

$1,722,417

$1,741,500

$1,614,104

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

$1.677

OCT

$1,617,000

NOV DEC

MEDIAN SALES PRICE

JAN

$859

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.617 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Playa Vista DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$0

$1,670,000

$1,990,000

$2,292,500

n/a

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

$0

$0

$709

$738

n/a

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

0

1

5

4

n/a

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

1

1

3

1

0.0%

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

13

18

14

10

-23.1%

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

55

46

22

37

-32.7%

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

n/a

18

2.8

0.1

n/a

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

7.7%

5.6%

21.4%

10.0%

30.0%

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

$997,396

$2,175,427

$2,298,187

$2,119,547

112.5%

*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 OCT

$2,292,500

NOV DEC

MEDIAN SALES PRICE

JAN

$738

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

0.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.292 M E 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 2017

telesproperties.com

Santa Monica DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,936,944

$1,805,000

$2,510,000

$3,587,500

85.2%

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

$1,073

$1,325

$1,170

$1,225

14.2%

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

20

32

29

20

0.0%

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

20

25

26

18

-10.0%

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

93

87

98

91

-2.2%

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

48

23

25

46

-4.2%

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

4.6

2.7

3.4

4.6

-2.2%

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

21.5%

28.7%

26.5%

19.8%

-8.0%

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

$2,567,305

$2,794,250

$3,225,000

$2,514,803

-2.1%

*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

$1.936

OCT

$3,587,500

NOV DEC

MEDIAN SALES PRICE

JAN

$1,225

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.587 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Sunset Strip - Hollywood Hills West DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,538,500

$1,763,888

$2,012,500

$1,497,500

-2.7%

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

$839

$881

$873

$898

7.0%

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

44

38

50

34

-22.7%

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

29

52

47

35

20.7%

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

344

317

358

352

2.3%

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

58

46

59

83

43.1%

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

7.8

8.3

7.2

10.4

32.4%

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

8.4%

16.4%

13.1%

9.9%

17.9%

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

$1,765,833

$1,827,333

$1,692,167

$1,762,288

-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

$1.538

OCT

$1,497,500

NOV DEC

MEDIAN SALES PRICE

JAN

$898

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

10.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.497 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 2017

telesproperties.com

Venice DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,867,500

$1,877,500

$2,090,000

$2,332,500

24.9%

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

$1,221

$1,031

$1,167

$1,117

-8.5%

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

20

22

21

14

-30.0%

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

19

16

23

11

-42.1%

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

119

84

97

93

-21.8%

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

48

65

34

57

18.8%

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

6

3.8

4.6

6.6

11.6%

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

16.0%

19.0%

23.7%

11.8%

-25.9%

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

$1,821,909

$2,241,667

$2,325,833

$2,010,448

10.3%

*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

$1.867

OCT

$2,332,500

NOV DEC

MEDIAN SALES PRICE

JAN

$1,117

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.332 M E 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 2017

telesproperties.com

West Hollywood DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,500,000

$1,324,500

$1,799,858

$1,975,000

31.7%

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

$797

$702

$949

$1,015

27.4%

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

9

10

12

15

66.7%

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

13

19

15

11

-15.4%

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

85

58

59

56

-34.1%

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

45

63

28

34

-24.4%

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

9.4

5.8

4.9

3.7

-60.5%

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

15.3%

32.8%

25.4%

19.6%

28.4%

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

$1,525,419

$1,755,851

$1,889,833

$1,697,856

10.2%

*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

$1.500

OCT

$1,975,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,015

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.975 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

West Los Angeles DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$835,000

$1,125,000

$1,110,000

$1,228,750

47.2%

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

$690

$723

$865

$716

3.8%

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

13

8

11

12

-7.7%

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

11

14

17

10

-9.1%

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

51

41

47

36

-29.4%

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

33

35

31

84

154.5%

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

3.9

5.1

4.3

3

-23.5%

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

21.6%

34.1%

36.2%

27.8%

28.8%

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

$1,047,750

$1,197,125

$1,235,917

$1,084,923

3.5%

*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

$835

OCT

$1,228,750

NOV DEC

MEDIAN SALES PRICE

JAN

$716

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.228 M E 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 2017

telesproperties.com

Westchester DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,000,000

$1,075,000

$1,099,000

$1,237,500

23.8%

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

$631

$640

$673

$664

5.2%

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

29

21

37

20

-31.0%

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

28

26

38

27

-3.6%

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

109

83

109

91

-16.5%

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

35

24

21

42

20.0%

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

3.8

4

2.9

4.6

21.1%

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

25.7%

31.3%

34.9%

29.7%

15.5%

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

$1,021,260

$1,179,417

$1,213,333

$1,114,423

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

$1.000

OCT

$1,237,500

NOV DEC

MEDIAN SALES PRICE

JAN

$664

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.237 M E 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 2017

telesproperties.com

Westwood - Century City DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,075,000

$1,935,000

$1,800,000

$3,108,500

49.8%

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

$943

$863

$820

$988

4.8%

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

13

15

23

10

-23.1%

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

24

17

16

10

-58.3%

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

80

64

58

58

-27.5%

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

48

34

38

35

-27.1%

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

6.2

4.3

2.5

5.8

-5.8%

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

30.0%

26.6%

27.6%

17.2%

-42.5%

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

$1,852,968

$2,310,618

$2,358,666

$2,057,900

11.1%

*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

$2.075

OCT

$3,108,500

NOV DEC

MEDIAN SALES PRICE

JAN

$988

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.108 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 2017

telesproperties.com

South Bay Macro Market DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,130,246

$1,237,260

$1,398,700

$1,275,321

12.8%

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

$563

$672

$627

$658

16.8%

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

245

213

339

273

11.4%

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

244

263

296

240

-1.6%

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

967

847

1,029

941

-2.7%

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

41

36

35

45

8.7%

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

3.9

4

3

3.4

-12.7%

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

25.2%

31.1%

28.8%

25.5%

1.1%

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

$1,225,781

$1,337,471

$1,353,731

$1,346,638

9.9%

*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

$1.130

OCT

$1,275,321

NOV DEC

MEDIAN SALES PRICE

JAN

$658

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2017

telesproperties.com

El Segundo DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,249,950

$1,235,000

$1,385,500

$1,255,000

0.4%

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

$658

$685

$621

$714

8.5%

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

4

8

8

7

75.0%

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

8

8

10

8

0.0%

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

21

20

27

27

28.6%

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

61

31

31

29

-52.5%

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

5.2

0

3.4

3.9

-26.5%

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

38.1%

40.0%

37.0%

29.6%

-22.2%

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

$1,215,704

$1,268,750

$1,305,167

$1,305,083

7.4%

*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

$1.249

OCT

$1,255,000

NOV DEC

MEDIAN SALES PRICE

JAN

$714

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.255 M E 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 2017

telesproperties.com

Hermosa Beach DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,550,000

$2,066,150

$2,025,000

$2,355,000

51.9%

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

$780

$1,178

$940

$1,294

65.9%

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

11

10

13

8

-27.3%

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

8

10

12

7

-12.5%

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

49

41

53

45

-8.2%

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

73

55

40

57

-21.9%

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

4.5

4.1

4.1

5.6

26.3%

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

16.3%

24.4%

22.6%

15.6%

-4.7%

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

$1,768,302

$2,109,000

$2,134,667

$1,928,088

9.0%

*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

$1.550

OCT

$2,355,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,294

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.355 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 2017

telesproperties.com

Manhattan Beach DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,200,000

$2,695,000

$2,687,000

$2,104,500

-4.3%

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

$850

$1,118

$1,022

$1,306

53.6%

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

34

24

52

28

-17.6%

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

41

45

35

21

-48.8%

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

157

156

152

147

-6.4%

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

41

38

54

73

78.0%

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

4.6

6.5

2.9

5.2

13.7%

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

26.1%

28.8%

23.0%

14.3%

-45.3%

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

$2,200,625

$2,371,917

$2,398,167

$2,299,385

4.5%

*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

$2.200

OCT

$2,104,500

NOV DEC

MEDIAN SALES PRICE

JAN

$1,306

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.104 M E 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 2017

telesproperties.com

Palos Verdes Estates DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,925,500

$1,577,500

$2,300,000

$1,750,000

-9.1%

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

$674

$776

$718

$714

5.9%

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

8

24

15

25

212.5%

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

18

20

13

11

-38.9%

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

94

85

104

83

-11.7%

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

85

47

40

54

-36.5%

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

11.8

3.5

6.9

3.3

-71.7%

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

19.1%

23.5%

12.5%

13.3%

-30.8%

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

$1,803,063

$2,051,500

$1,969,667

$1,940,046

7.6%

*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

$1.925

OCT

$1,750,000

NOV DEC

MEDIAN SALES PRICE

JAN

$714

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2017

telesproperties.com

Rancho Palos Verdes DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,284,000

$1,327,500

$1,315,000

$1,200,000

-6.5%

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

$535

$562

$574

$580

8.4%

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

22

22

62

35

59.1%

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

35

38

48

40

14.3%

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

166

133

161

152

-8.4%

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

54

44

24

42

-22.2%

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

7.5

6

2.6

4.3

-42.4%

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

21.1%

28.6%

29.8%

26.3%

24.8%

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

$1,238,278

$1,431,333

$1,523,333

$1,353,019

9.3%

*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

$1.284

OCT

$1,200,000

NOV DEC

MEDIAN SALES PRICE

JAN

$580

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.3 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 2017

telesproperties.com

Redondo Beach- North DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$927,000

$895,000

$1,049,000

$1,087,500

17.3%

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

$530

$672

$631

$579

9.2%

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

17

17

21

18

5.9%

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

18

16

18

14

-22.2%

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

44

42

52

42

-4.5%

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

41

44

22

21

-48.8%

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

2.6

2.5

2.5

2.3

-9.8%

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

40.9%

38.1%

34.6%

33.3%

-18.5%

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

$895,729

$989,000

$976,667

$961,500

7.3%

*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

$927

OCT

$1,087,500

NOV DEC

MEDIAN SALES PRICE

JAN

$579

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.087 M E 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 2017

telesproperties.com

Redondo Beach- South DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,230,000

$1,360,500

$1,505,000

$1,400,000

13.8%

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

$656

$813

$873

$695

5.9%

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

13

14

21

19

46.2%

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

8

10

22

15

87.5%

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

48

47

68

56

16.7%

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

31

35

44

28

-9.7%

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

3.7

3.4

3.2

2.9

-20.2%

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

16.7%

21.3%

32.4%

26.8%

60.7%

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

$1,303,146

$1,449,833

$1,432,333

$1,419,960

9.0%

*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

$1.230

OCT

$1,400,000

NOV DEC

MEDIAN SALES PRICE

JAN

$695

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.400 M E 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 2017

telesproperties.com

Rolling Hills DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$0

$1,950,000

$2,437,500

$0

n/a

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

$0

$908

$717

$0

n/a

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

0

1

4

0

n/a

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

1

2

1

5

400.0%

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

32

29

30

33

3.1%

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

11

58

74

104

845.5%

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

n/a

29

7.5

n/a

n/a

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

3.1%

6.9%

3.3%

15.2%

384.8%

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

$2,364,513

$2,839,375

$4,275,000

$3,100,417

31.1%

*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

No sales

NOV DEC

MEDIAN SALES PRICE

JAN

No sales

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

n/a 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 2017

telesproperties.com

Rolling Hills Estates DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,365,000

$1,250,000

$1,708,500

$2,200,000

61.2%

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

$631

$566

$622

$557

-11.7%

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

7

7

8

6

-14.3%

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

5

3

11

6

20.0%

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

35

23

44

36

2.9%

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

56

25

50

64

14.3%

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

5

3.3

5.5

6

20.0%

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

14.3%

13.0%

25.0%

16.7%

16.7%

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

$1,585,821

$1,608,083

$1,731,667

$1,588,281

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

$1.365

OCT

$2,200,000

NOV DEC

MEDIAN SALES PRICE

JAN

$557

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.200 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 2017

telesproperties.com

San Pedro DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$605,000

$637,500

$680,000

$637,500

5.4%

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

$392

$434

$415

$384

-2.0%

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

41

28

33

46

12.2%

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

37

41

51

35

-5.4%

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

140

115

146

126

-10.0%

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

36

40

41

36

0.0%

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

3.4

4.1

4.4

2.7

-19.8%

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

26.4%

35.7%

34.9%

27.8%

5.1%

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

$603,543

$670,917

$690,500

$648,308

7.4%

*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

$605

OCT

$637,500

NOV DEC

MEDIAN SALES PRICE

JAN

$384

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2017

telesproperties.com

Torrance- County Strip DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$509,500

$535,250

$540,500

$503,500

-1.2%

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

$361

$396

$366

$393

8.9%

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

8

10

6

6

-25.0%

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

5

4

5

4

-20.0%

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

19

15

18

15

-21.1%

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

17

14

32

53

211.8%

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

2.4

1.5

3

2.5

5.3%

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

26.3%

26.7%

27.8%

26.7%

1.3%

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

$495,479

$524,333

$536,833

$520,935

5.1%

*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

$509

OCT

$503,500

NOV DEC

MEDIAN SALES PRICE

JAN

$393

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$503 M E 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 2017

telesproperties.com

Torrance- North DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$630,000

$630,000

$670,000

$682,000

8.3%

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

$429

$464

$462

$499

16.3%

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

20

17

21

20

0.0%

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

17

20

18

21

23.5%

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

53

30

37

41

-22.6%

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

25

26

15

24

-4.0%

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

2.6

1.8

1.8

2

-22.6%

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

32.1%

66.7%

48.6%

51.2%

59.7%

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

$612,581

$681,917

$688,333

$654,750

6.9%

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

current market snapshot SEP

$630

OCT

$682,000

NOV DEC

MEDIAN SALES PRICE

JAN

$499

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$682 M E 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 2017

telesproperties.com

Torrance- South DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$902,500

$849,500

$990,000

$1,030,000

14.1%

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

$503

$512

$500

$522

3.8%

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

26

14

30

27

3.8%

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

20

21

16

26

30.0%

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

52

46

60

69

32.7%

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

27

26

14

32

18.5%

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

2

3.3

2

2.6

27.8%

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

38.5%

45.7%

26.7%

37.7%

-2.0%

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

$861,218

$958,417

$986,667

$933,164

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

$902

OCT

$1,030,000

NOV DEC

MEDIAN SALES PRICE

JAN

$522

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.030 M E 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 2017

telesproperties.com

Torrance- Southeast DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$620,000

$630,000

$772,500

$757,000

22.1%

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

$404

$423

$423

$428

5.9%

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

19

8

24

12

-36.8%

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

7

7

18

13

85.7%

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

26

31

44

38

46.2%

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

36

24

23

34

-5.6%

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

1.4

3.9

1.8

3.2

131.4%

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

26.9%

22.6%

40.9%

34.2%

27.1%

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

$622,792

$714,583

$742,167

$682,692

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

$620

OCT

$757,000

NOV DEC

MEDIAN SALES PRICE

JAN

$428

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$757 M E 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 2017

telesproperties.com

Torrance- West DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$825,000

$920,000

$915,000

$892,500

8.2%

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

$480

$573

$521

$544

13.3%

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

15

9

21

16

6.7%

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

16

18

18

14

-12.5%

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

31

34

33

31

0.0%

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

26

33

22

23

-11.5%

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

2.1

3.8

1.6

1.9

-6.3%

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

51.6%

52.9%

54.5%

45.2%

-12.5%

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

$815,917

$910,083

$905,833

$863,942

5.9%

*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

$825

OCT

$892,500

NOV DEC

MEDIAN SALES PRICE

JAN

$544

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$892 M E 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 2017

telesproperties.com

San Fernando Valley Macro Market DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$957,563

$1,047,706

$1,059,176

$989,471

3.3%

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

$437

$457

$478

$464

6.1%

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

31

29

34

31

-1.4%

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

33

33

36

31

-6.4%

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

84

54

74

71

-15.8%

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

61

60

51

59

-2.6%

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

2.7

1.9

2.2

2.3

-14.6%

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

39.6%

60.7%

48.8%

44.0%

11.2%

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

$868,149

$1,004,755

$986,647

$938,067

8.1%

*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

$957

OCT

$989,471

NOV DEC

MEDIAN SALES PRICE

JAN

$464

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$989 M E 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 2017

telesproperties.com

Agoura Hills DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$850,000

$1,075,000

$1,103,000

$921,000

8.4%

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

$381

$371

$391

$386

1.3%

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

20

16

26

26

30.0%

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

21

25

24

23

9.5%

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

68

38

60

67

-1.5%

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

109

81

68

64

-41.3%

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

3.4

2.4

2.3

2.6

-24.2%

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

30.9%

65.8%

40.0%

34.3%

11.2%

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

$902,000

$1,028,167

$990,333

$937,846

4.0%

*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

$850

OCT

$921,000

NOV DEC

MEDIAN SALES PRICE

JAN

$386

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$921 M E 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 2017

telesproperties.com

Burbank DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$771,000

$748,000

$813,000

$818,000

6.1%

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

$485

$498

$525

$518

6.8%

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

64

55

54

46

-28.1%

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

58

54

65

51

-12.1%

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

103

61

83

81

-21.4%

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

59

55

30

42

-28.8%

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

1.6

1.1

1.5

1.8

9.4%

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

56.3%

88.5%

78.3%

63.0%

11.8%

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

$733,583

$786,000

$787,333

$776,077

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

$771

OCT

$818,000

NOV DEC

MEDIAN SALES PRICE

JAN

$518

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$818 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Calabasas DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,146,000

$1,780,000

$1,205,000

$1,317,000

-38.6%

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

$451

$454

$510

$446

-1.1%

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

22

14

26

25

13.6%

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

26

34

33

22

-15.4%

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

101

79

101

97

-4.0%

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

84

66

67

68

-19.0%

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

4.6

5.6

3.9

3.9

-15.5%

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

25.7%

43.0%

32.7%

22.7%

-11.9%

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

$1,441,167

$1,327,167

$1,413,333

$1,399,769

-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 $2.146

SEP OCT

$1,317,000

NOV DEC

MEDIAN SALES PRICE

JAN

$446

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.9 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 2017

telesproperties.com

Encino DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,033,000

$1,290,000

$1,400,000

$1,608,000

55.7%

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

$498

$474

$495

$511

2.6%

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

34

53

51

34

0.0%

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

46

48

56

42

-8.7%

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

127

95

112

108

-15.0%

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

53

52

63

66

24.5%

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

3.7

1.8

2.2

3.2

-15.0%

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

36.2%

50.5%

50.0%

38.9%

7.4%

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

$1,170,917

$1,343,667

$1,368,667

$1,280,231

9.3%

*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

$1.033

OCT

$1,608,000

NOV DEC

MEDIAN SALES PRICE

JAN

$511

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2017

telesproperties.com

Glendale DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$985,000

$869,000

$972,000

$887,000

-9.9%

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

$486

$494

$457

$510

4.9%

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

59

40

52

78

32.2%

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

66

49

60

77

16.7%

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

113

80

103

97

-14.2%

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

47

58

47

51

8.5%

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

2

1.1

1.9

1.9

-4.2%

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

56.8%

101.3%

61.2%

58.4%

2.9%

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

$830,083

$909,667

$916,000

$893,167

7.6%

*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

$859

OCT

$887,000

NOV DEC

MEDIAN SALES PRICE

JAN

$510

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$985 M E 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 2017

telesproperties.com

La Crescenta DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$765,000

$854,000

$740,000

$877,000

14.6%

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

$490

$514

$517

$494

0.8%

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

33

16

21

23

-30.3%

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

24

16

16

22

-8.3%

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

32

15

31

22

-31.2%

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

47

32

52

47

0.0%

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

1

0.9

1.5

1

-1.4%

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

75.0%

106.7%

51.6%

100.0%

33.3%

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

$786,667

$855,000

$888,333

$827,000

5.1%

*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

$765

OCT

$877,000

NOV DEC

MEDIAN SALES PRICE

JAN

$494

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$877 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

North Hollywood DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$520,000

$560,000

$593,000

$605,000

16.3%

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

$352

$393

$445

$460

30.7%

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

29

29

46

38

31.0%

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

36

45

30

23

-36.1%

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

65

44

52

65

0.0%

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

46

49

47

46

0.0%

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

2.2

1.5

1.1

1.7

-23.7%

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

55.4%

102.3%

57.7%

35.4%

-36.1%

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

$512,917

$583,333

$596,333

$562,615

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

$520

OCT

$605,000

NOV DEC

MEDIAN SALES PRICE

JAN

$460

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$605 M E 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 2017

telesproperties.com

Shadow Hills DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$758,000

$825,000

$750,000

$960,000

26.6%

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

$318

$313

$357

$282

-11.3%

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

4

5

3

3

-25.0%

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

3

3

1

4

33.3%

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

14

10

10

8

-42.9%

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

80

61

29

100

25.0%

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

3.5

2

3.3

2.7

-23.8%

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

21.4%

30.0%

10.0%

50.0%

133.3%

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

$737,917

$903,833

$823,333

$815,385

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

$758

OCT

$960,000

NOV DEC

MEDIAN SALES PRICE

JAN

$282

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$960 M E 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 2017

telesproperties.com

Sherman Oaks DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,304,000

$1,100,000

$1,245,000

$1,095,000

-16.0%

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

$520

$492

$548

$516

-0.8%

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

56

72

72

60

7.1%

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

69

63

61

54

-21.7%

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

158

97

152

133

-15.8%

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

60

84

53

61

1.7%

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

2.8

1.3

2.1

2.2

-21.4%

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

43.7%

64.9%

40.1%

40.6%

-7.0%

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

$1,084,667

$1,150,000

$1,117,000

$1,166,923

7.6%

*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

$1.304

OCT

$1,095,000

NOV DEC

MEDIAN SALES PRICE

JAN

$516

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.095 M E 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 2017

telesproperties.com

Studio City DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,550,000

$1,600,000

$1,340,000

$1,263,000

-18.5%

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

$626

$558

$691

$575

-8.1%

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

29

31

31

28

-3.4%

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

44

45

36

39

-11.4%

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

97

67

84

77

-20.6%

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

43

58

52

61

41.9%

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

3.3

2.2

2.7

2.8

-17.8%

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

45.4%

67.2%

42.9%

50.6%

11.7%

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

$1,404,667

$1,361,500

$1,314,333

$1,392,538

-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 $1.550

SEP OCT

$1,263,000

NOV DEC

MEDIAN SALES PRICE

JAN

$575

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.263 M E 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 2017

telesproperties.com

Sun Valley DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$490,000

$472,000

$524,000

$573,000

16.9%

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

$317

$423

$343

$450

42.0%

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

14

14

14

22

57.1%

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

18

19

22

21

16.7%

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

31

17

21

23

-25.8%

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

39

59

56

46

17.9%

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

2.2

1.2

1.5

1

-52.8%

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

58.1%

111.8%

104.8%

91.3%

57.2%

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

$462,917

$540,833

$571,667

$516,538

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

$490

OCT

$573,000

NOV DEC

MEDIAN SALES PRICE

JAN

$450

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$573 M E 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 2017

telesproperties.com

Sunland/Tujunga DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$576,000

$639,000

$593,000

$554,000

-3.8%

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

$358

$316

$421

$391

9.2%

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

41

17

26

16

-61.0%

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

36

17

18

16

-55.6%

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

80

17

22

28

-65.0%

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

55

41

30

44

-20.0%

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

2

1

0.8

1.8

-10.3%

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

45.0%

100.0%

81.8%

57.1%

27.0%

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

$528,167

$597,667

$568,000

$586,615

11.1%

*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

$576

OCT

$554,000

NOV DEC

MEDIAN SALES PRICE

JAN

$391

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.8 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 2017

telesproperties.com

Tarzana DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$830,000

$1,079,000

$927,000

$1,175,000

41.6%

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

$424

$384

$422

$403

-5.0%

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

33

28

28

31

-6.1%

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

24

29

43

27

12.5%

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

95

64

86

85

-10.5%

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

64

106

68

60

-6.2%

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

2.9

2.3

3.1

2.7

-4.8%

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

25.3%

45.3%

50.0%

31.8%

25.7%

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

$946,250

$1,066,000

$1,102,000

$1,046,846

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

$830

OCT

$1,175,000

NOV DEC

MEDIAN SALES PRICE

JAN

$403

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2017

telesproperties.com

Toluca Lake DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$788,000

$1,068,000

$2,950,000

$1,008,000

27.9%

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

$484

$712

$648

$557

15.1%

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

4

6

5

4

0.0%

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

6

8

7

5

-16.7%

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

21

15

16

15

-28.6%

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

51

49

46

83

62.7%

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

5.2

2.5

3.2

3.8

-28.6%

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

28.6%

53.3%

43.8%

33.3%

16.7%

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

$1,293,667

$1,689,667

$1,269,333

$1,501,923

16.1%

*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

$788

OCT

$1,008,000

NOV DEC

MEDIAN SALES PRICE

JAN

$557

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.008 M E 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 2017

telesproperties.com

Valley Village DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$945,000

$878,000

$996,000

$925,000

-2.1%

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

$490

$455

$508

$576

17.6%

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

20

17

14

13

-35.0%

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

21

17

24

19

-9.5%

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

37

27

38

26

-29.7%

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

56

64

44

38

-32.1%

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

1.8

1.6

2.7

2

8.1%

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

56.8%

63.0%

63.2%

73.1%

28.8%

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

$893,833

$979,167

$993,000

$930,923

4.1%

*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

$945

OCT

$925,000

NOV DEC

MEDIAN SALES PRICE

JAN

$576

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$925 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Westlake Village DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,225,000

$1,487,000

$1,060,000

$1,352,000

10.4%

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

$431

$456

$448

$456

5.8%

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

36

39

31

33

-8.3%

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

37

44

31

31

-16.2%

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

118

98

117

97

-17.8%

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

71

53

61

82

15.5%

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

3.3

2.5

3.8

2.9

-10.3%

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

31.4%

44.9%

26.5%

32.0%

1.9%

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

$1,133,167

$1,139,667

$1,219,667

$1,206,231

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

$1.225

OCT

$1,352,000

NOV DEC

MEDIAN SALES PRICE

JAN

$456

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.352 M E 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 2017

telesproperties.com

Woodland Hills DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$770,000

$1,487,000

$795,000

$785,000

1.9%

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

$363

$456

$406

$373

2.8%

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

63

39

72

65

3.2%

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

64

44

85

65

1.6%

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

200

98

167

160

-20.0%

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

51

53

49

47

-7.8%

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

3.2

2.5

2.3

2.5

-22.5%

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

32.0%

44.9%

50.9%

40.6%

27.0%

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

$767,833

$803,167

$801,667

$836,154

8.9%

*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

$770

OCT

$785,000

NOV DEC

MEDIAN SALES PRICE

JAN

$373

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 2017

telesproperties.com

San Gabriel Valley Macro Market DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$987,417

$1,088,083

$1,090,417

$1,046,167

5.9%

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

$518

$540

$544

$554

6.9%

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

25

22

31

23

-10.5%

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

25

25

29

23

-6.0%

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

70

57

61

58

-17.7%

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

50

51

36

38

-24.0%

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

2.7

2.6

2

2.5

-8.0%

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

35.6%

43.9%

47.1%

40.6%

14.1%

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

$1,010,806

$1,059,556

$1,064,639

$1,060,929

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

$987

OCT

$1,046,167

NOV DEC

MEDIAN SALES PRICE

JAN

$554

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.046 M E 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 2017

telesproperties.com

Alhambra DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$674,000

$630,000

$685,000

$674,000

0.0%

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

$445

$423

$432

$502

12.8%

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

15

22

27

16

6.7%

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

15

23

21

20

33.3%

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

48

30

17

14

-70.8%

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

48

63

29

18

-62.5%

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

3.2

1.4

0.6

0.9

-72.7%

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

31.2%

76.7%

123.5%

142.9%

357.1%

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

$597,667

$677,667

$688,333

$663,846

11.1%

*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

$674

OCT

$674,000

NOV DEC

MEDIAN SALES PRICE

JAN

$502

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

0.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$674 M E 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 2017

telesproperties.com

Altadena DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$735,000

$780,000

$793,000

$862,000

17.3%

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

$428

$476

$467

$516

20.6%

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

43

32

38

26

-39.5%

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

43

32

42

41

-4.7%

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

53

45

39

55

3.8%

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

62

49

29

33

-46.8%

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

1.2

1.4

1

2.1

71.6%

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

81.1%

71.1%

107.7%

74.5%

-8.1%

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

$723,083

$835,500

$838,333

$802,615

11.0%

*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

$735

OCT

$862,000

NOV DEC

MEDIAN SALES PRICE

JAN

$516

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$862 M E 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 2017

telesproperties.com

Arcadia DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,169,000

$1,050,000

$1,203,000

$1,169,000

0.0%

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

$532

$577

$552

$517

-2.8%

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

48

33

44

40

-16.7%

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

28

45

40

40

42.9%

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

218

195

227

222

1.8%

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

42

47

36

48

14.3%

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

4.5

5.9

5.2

5.6

22.2%

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

12.8%

23.1%

17.6%

18.0%

40.3%

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

$1,266,000

$1,220,500

$1,285,667

$1,259,385

-0.5%

*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

$1.169

OCT

$1,169,000

NOV DEC

MEDIAN SALES PRICE

JAN

$517

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.169 M E 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 2017

telesproperties.com

Duarte DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$449,000

$460,000

$542,000

$580,000

29.2%

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

$391

$380

$356

$390

-0.3%

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

19

12

25

17

-10.5%

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

14

15

19

21

50.0%

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

37

25

27

17

-54.1%

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

45

54

34

33

-26.7%

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

1.9

2.1

1.1

1

-48.6%

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

37.8%

60.0%

70.4%

123.5%

226.5%

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

$468,667

$512,667

$531,333

$494,692

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

$449

OCT

$580,000

NOV DEC

MEDIAN SALES PRICE

JAN

$390

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$580 M E 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 2017

telesproperties.com

Eagle Rock DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$700,000

$850,000

$824,000

$678,000

-3.1%

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

$485

$532

$510

$533

9.9%

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

15

9

13

6

-60.0%

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

18

7

4

6

-66.7%

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

28

11

9

9

-67.9%

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

54

51

43

51

-5.6%

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

1.9

1.2

0.7

1.5

-19.6%

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

64.3%

63.6%

44.4%

66.7%

3.7%

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

$746,583

$790,333

$819,333

$795,385

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

$700

OCT

$678,000

NOV DEC

MEDIAN SALES PRICE

JAN

$533

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$678 M E 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 2017

telesproperties.com

La Canada Flintridge DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,663,000

$1,818,000

$1,888,000

$1,588,000

-4.5%

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

$644

$672

$626

$662

2.8%

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

16

26

30

19

18.8%

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

22

25

20

14

-36.4%

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

48

52

52

44

-8.3%

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

42

30

45

60

42.9%

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

3

2

1.7

2.3

-22.8%

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

45.8%

48.1%

38.5%

31.8%

-30.6%

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

$1,646,833

$1,757,000

$1,662,667

$1,788,231

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

$1.663

OCT

$1,588,000

NOV DEC

MEDIAN SALES PRICE

JAN

$662

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.588 M E 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 2017

telesproperties.com

Monrovia DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$640,000

$707,000

$725,000

$769,000

20.2%

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

$438

$450

$436

$446

1.8%

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

16

19

32

18

12.5%

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

28

18

38

28

0.0%

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

52

42

48

46

-11.5%

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

44

25

38

38

-13.6%

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

3.2

2.2

1.5

2.6

-21.4%

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

53.8%

42.9%

79.2%

60.9%

13.0%

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

$637,000

$714,667

$737,000

$681,385

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

$640

OCT

$769,000

NOV DEC

MEDIAN SALES PRICE

JAN

$446

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$769 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Pasadena DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$858,000

$785,000

$950,000

$917,000

6.9%

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

$538

$585

$567

$571

6.1%

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

81

68

103

78

-3.7%

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

76

76

94

64

-15.8%

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

208

172

165

142

-31.7%

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

51

52

48

42

-17.6%

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

2.6

2.5

1.6

1.8

-29.1%

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

36.5%

44.2%

57.0%

45.1%

23.4%

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

$831,750

$950,500

$948,000

$888,923

6.9%

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

current market snapshot SEP

$858

OCT

$917,000

NOV DEC

MEDIAN SALES PRICE

JAN

$571

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$917 M E 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 2017

telesproperties.com

San Gabriel DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$685,000

$699,000

$785,000

$880,000

28.5%

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

$431

$465

$479

$458

6.3%

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

25

20

19

25

0.0%

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

20

29

29

23

15.0%

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

59

45

54

52

-11.9%

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

50

42

32

26

-48.0%

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

2.4

2.2

2.8

2.1

-11.9%

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

33.9%

64.4%

53.7%

44.2%

30.5%

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

$723,083

$785,833

$820,000

$766,538

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

$685

OCT

$880,000

NOV DEC

MEDIAN SALES PRICE

JAN

$458

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$880 M E 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 2017

telesproperties.com

San Marino DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,054,000

$2,480,000

$2,345,000

$1,963,000

-4.4%

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

$805

$778

$882

$817

1.5%

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

10

10

12

14

40.0%

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

13

8

14

10

-23.1%

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

43

40

55

48

11.6%

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

51

85

38

46

-9.8%

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

4.3

4

4.6

3.4

-20.3%

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

30.2%

20.0%

25.5%

20.8%

-31.1%

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

$2,258,333

$2,078,000

$2,044,333

$2,195,692

-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

$2.054

OCT

$1,963,000

NOV DEC

MEDIAN SALES PRICE

JAN

$817

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.963 M E 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 2017

telesproperties.com

Sierra Madre DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,150,000

$1,148,000

$975,000

$1,298,000

12.9%

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

$491

$523

$517

$555

13.0%

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

7

6

13

7

0.0%

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

10

12

9

9

-10.0%

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

19

15

24

23

21.1%

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

69

86

35

43

-37.7%

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

2.7

2.5

1.8

3.3

21.1%

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

52.6%

80.0%

37.5%

39.1%

-25.7%

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

$1,002,333

$1,098,833

$1,139,333

$1,081,385

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

$1.150

OCT

$1,298,000

NOV DEC

MEDIAN SALES PRICE

JAN

$555

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.298 M E 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 2017

telesproperties.com

South Pasadena DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,072,000

$1,650,000

$1,370,000

$1,176,000

9.7%

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

$592

$624

$704

$681

15.0%

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

10

9

15

7

-30.0%

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

11

10

14

4

-63.6%

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

25

11

13

18

-28.0%

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

42

22

19

18

-57.1%

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

2.5

1.2

0.9

2.6

2.9%

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

44.0%

90.9%

107.7%

22.2%

-49.5%

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

$1,228,333

$1,293,167

$1,261,333

$1,313,077

6.9%

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

current market snapshot SEP

$1.072

OCT

$1,176,000

NOV DEC

MEDIAN SALES PRICE

JAN

$681

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.176 M E 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 2017

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

Westminster

Dana Point

Mission Viejo

West Bay - Santa Ana Heights

East Bluff - Harbor View

Nelle Gail

West Newport - Lido

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Micro Market Report : September 2017

telesproperties.com

County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : September 2017

telesproperties.com

Orange County DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$733,500

$756,000

$790,000

$791,500

7.9%

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

$425

$449

$450

$458

7.8%

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

1666

1669

2066

1718

3.1%

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

1735

2015

1959

1641

-5.4%

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

7,228

6,170

6,880

6,155

-14.8%

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

53

44

40

48

-9.4%

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

4.3

3.7

3.3

3.6

-17.4%

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

24.0%

32.7%

28.5%

26.7%

11.1%

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

$718,750

$783,583

$783,833

$760,304

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

$733

OCT

$791,500

NOV DEC

MEDIAN SALES PRICE

JAN

$458

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$791 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Aliso Viejo DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$800,000

$765,500

$815,000

$847,500

5.9%

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

$376

$366

$394

$397

5.6%

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

25

16

31

20

-20.0%

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

15

21

26

22

46.7%

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

55

59

64

52

-5.5%

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

43

27

48

52

20.9%

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

2.2

3.7

2.1

2.6

18.2%

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

27.3%

35.6%

40.6%

42.3%

55.1%

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

$760,146

$837,000

$838,500

$808,496

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

$800

OCT

$847,500

NOV DEC

MEDIAN SALES PRICE

JAN

$397

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$847 M E 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 2017

telesproperties.com

Balboa Peninsula DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$2,875,000

$5,650,000

$2,712,500

$3,900,000

35.7%

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

$1,200

$1,780

$1,408

$1,636

36.3%

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

4

3

9

5

25.0%

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

9

8

4

4

-55.6%

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

51

45

42

34

-33.3%

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

160

123

122

125

-21.9%

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

12.8

15

4.7

6.8

-46.7%

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

17.6%

17.8%

9.5%

11.8%

-33.3%

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

$3,330,625

$2,856,250

$2,666,667

$3,074,962

-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

$2.875

OCT

$3,900,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,636

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.900 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 2017

telesproperties.com

Corona del Mar - Spyglass DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$3,200,000

$2,575,000

$2,875,000

$2,267,000

-29.2%

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

$1,101

$946

$1,347

$1,017

-7.6%

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

7

12

13

18

157.1%

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

12

20

11

14

16.7%

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

81

80

83

77

-4.9%

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

170

86

86

96

-43.5%

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

11.6

6.7

6.4

4.3

-63.0%

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

14.8%

25.0%

13.3%

18.2%

22.7%

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

$2,854,042

$2,660,194

$2,591,333

$2,791,915

-2.2%

*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 $3.200

SEP OCT

$2,267,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,017

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.267 M E 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 2017

telesproperties.com

Coto de Caza DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$1,250,000

$1,115,000

$1,615,500

$1,130,000

-9.6%

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

$363

$315

$391

$353

-2.8%

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

22

17

32

20

-9.1%

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

21

25

17

14

-33.3%

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

126

125

120

114

-9.5%

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

78

84

56

138

76.9%

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

5.7

7.4

3.8

5.7

-0.5%

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

16.7%

20.0%

14.2%

12.3%

-26.3%

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

$1,205,444

$1,224,667

$1,160,833

$1,195,038

-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

$1.250

OCT

$1,130,000

NOV DEC

MEDIAN SALES PRICE

JAN

$353

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.7 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 2017

telesproperties.com

Crystal Cove DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$0

$8,725,000

$4,900,000

$0

n/a

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

$0

$1,346

$1,195

$0

n/a

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

0

2

1

0

n/a

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

1

3

5

1

0.0%

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

23

26

23

25

8.7%

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

46

34

193

142

208.7%

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

n/a

13

23

n/a

n/a

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

4.3%

11.5%

21.7%

4.0%

-8.0%

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

$5,481,387

$8,255,000

$9,987,500

$7,905,000

44.2%

*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 OCT

No sales

NOV DEC

MEDIAN SALES PRICE

JAN

No sales

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

n/a 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 2017

telesproperties.com

Dana Point DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

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

$923,750

$890,000

$997,500

$1,250,000

35.3%

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

$654

$806

$663

$766

17.1%

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

22

16

36

39

77.3%

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

22

30

34

36

63.6%

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

192

165

204

197

2.6%

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

74

69

71

78

5.4%

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

8.7

10.3

5.7

5.1

-42.1%

Percent Under Contract ........................................

11.5%

18.2%

16.7%

18.3%

59.5%

Average Median Price for Last 12 Months ........

$1,029,878

$1,131,167

$1,134,833

$1,030,058

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

$923

OCT

$1,250,000

NOV DEC

MEDIAN SALES PRICE

JAN

$766

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.1 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 2017

telesproperties.com

East Bluff - Harbor View DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$1,884,112

$1,912,500

$1,800,000

$2,430,000

29.0%

Average Price per Square Foot ...........................

$752

$727

$675

$790

5.1%

Properties Sold .......................................................

20

12

23

17

-15.0%

Properties Pending Sale .......................................

16

23

22

16

0.0%

Properties For Sale ................................................

120

113

122

110

-8.3%

Days on Market (Pending Sale) ...........................

51

55

57

74

45.1%

Month’s Supply of Inventory ................................

6

9.4

5.3

6.5

7.8%

Percent Under Contract ........................................

13.3%

20.4%

18.0%

14.5%

9.1%

Average Median Price for Last 12 Months ........

$1,838,618

$2,003,750

$2,219,167

$1,975,778

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

$1.884

OCT

$2,430,000

NOV DEC

MEDIAN SALES PRICE

JAN

$790

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.430 M E 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 2017

telesproperties.com

East Costa Mesa DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$880,000

$1,004,500

$1,105,000

$955,000

8.5%

Average Price per Square Foot ...........................

$558

$549

$580

$625

12.0%

Properties Sold .......................................................

15

22

26

12

-20.0%

Properties Pending Sale .......................................

11

20

17

22

100.0%

Properties For Sale ................................................

60

54

76

84

40.0%

Days on Market (Pending Sale) ...........................

66

29

37

44

-33.3%

Month’s Supply of Inventory ................................

4

2.5

2.9

7

75.0%

Percent Under Contract ........................................

18.3%

37.0%

22.4%

26.2%

42.9%

Average Median Price for Last 12 Months ........

$1,020,282

$1,006,583

$972,500

$1,009,481

-1.1%

*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

$880

OCT

$955,000

NOV DEC

MEDIAN SALES PRICE

JAN

$625

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$955 M E 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 2017

telesproperties.com

Fountain Valley DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$770,000

$806,250

$787,000

$789,000

2.5%

Average Price per Square Foot ...........................

$368

$376

$391

$415

12.8%

Properties Sold .......................................................

23

24

46

31

34.8%

Properties Pending Sale .......................................

26

33

37

21

-19.2%

Properties For Sale ................................................

72

61

77

54

-25.0%

Days on Market (Pending Sale) ...........................

31

14

23

22

-29.0%

Month’s Supply of Inventory ................................

3.1

2.5

1.7

1.7

-44.4%

Percent Under Contract ........................................

36.1%

54.1%

48.1%

38.9%

7.7%

Average Median Price for Last 12 Months ........

$726,783

$783,417

$775,333

$777,823

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

$770

OCT

$789,000

NOV DEC

MEDIAN SALES PRICE

JAN

$415

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$789 M E 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 2017

telesproperties.com

Huntington Beach DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$800,000

$820,000

$910,000

$849,000

6.1%

Average Price per Square Foot ...........................

$464

$495

$502

$467

0.6%

Properties Sold .......................................................

119

111

109

117

-1.7%

Properties Pending Sale .......................................

127

126

130

120

-5.5%

Properties For Sale ................................................

382

306

369

326

-14.7%

Days on Market (Pending Sale) ...........................

61

36

31

46

-24.6%

Month’s Supply of Inventory ................................

3.2

2.8

3.4

2.8

-13.2%

Percent Under Contract ........................................

33.2%

41.2%

35.2%

36.8%

10.7%

Average Median Price for Last 12 Months ........

$809,329

$869,833

$876,333

$838,654

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

$800

OCT

$849,000

NOV DEC

MEDIAN SALES PRICE

JAN

$467

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.8 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 2017

telesproperties.com

Irvine DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$1,019,888

$1,150,000

$1,019,000

$1,125,000

10.3%

Average Price per Square Foot ...........................

$498

$491

$486

$494

-0.8%

Properties Sold .......................................................

113

109

118

115

1.8%

Properties Pending Sale .......................................

99

115

108

105

6.1%

Properties For Sale ................................................

483

406

472

419

-13.3%

Days on Market (Pending Sale) ...........................

56

42

48

44

-21.4%

Month’s Supply of Inventory ................................

4.3

3.7

4

3.6

-14.8%

Percent Under Contract ........................................

20.5%

28.3%

22.9%

25.1%

22.3%

Average Median Price for Last 12 Months ........

$1,015,159

$1,097,667

$1,124,167

$1,092,153

7.6%

*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

$1.019

OCT

$1,125,000

NOV DEC

MEDIAN SALES PRICE

JAN

$494

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.125 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Ladera Ranch DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$980,000

$965,000

$944,450

$938,000

-4.3%

Average Price per Square Foot ...........................

$345

$334

$360

$371

7.5%

Properties Sold .......................................................

27

27

36

26

-3.7%

Properties Pending Sale .......................................

29

37

45

29

0.0%

Properties For Sale ................................................

124

108

141

122

-1.6%

Days on Market (Pending Sale) ...........................

58

37

35

35

-39.7%

Month’s Supply of Inventory ................................

4.6

4

3.9

4.7

2.2%

Percent Under Contract ........................................

23.4%

34.3%

31.9%

23.8%

1.6%

Average Median Price for Last 12 Months ........

$861,613

$916,075

$921,000

$899,535

4.4%

*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

$980

OCT

$938,000

NOV DEC

MEDIAN SALES PRICE

JAN

$371

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$938 M E 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 2017

telesproperties.com

Laguna Beach DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$1,834,500

$2,681,094

$1,860,000

$1,790,000

-2.4%

Average Price per Square Foot ...........................

$1,056

$1,319

$1,098

$1,008

-4.5%

Properties Sold .......................................................

24

30

29

25

4.2%

Properties Pending Sale .......................................

27

40

23

30

11.1%

Properties For Sale ................................................

281

232

268

284

1.1%

Days on Market (Pending Sale) ...........................

139

95

101

117

-15.8%

Month’s Supply of Inventory ................................

11.7

7.7

9.2

11.4

-3.0%

Percent Under Contract ........................................

9.6%

17.2%

8.6%

10.6%

9.9%

Average Median Price for Last 12 Months ........

$1,955,500

$2,038,750

$1,835,000

$2,038,661

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

$1.834

OCT

$1,790,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,008

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

11.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.790 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2017

telesproperties.com

Laguna Niguel DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$932,500

$947,450

$970,000

$1,001,000

7.3%

Average Price per Square Foot ...........................

$423

$400

$415

$482

13.9%

Properties Sold .......................................................

48

66

73

49

2.1%

Properties Pending Sale .......................................

72

64

78

53

-26.4%

Properties For Sale ................................................

309

246

279

236

-23.6%

Days on Market (Pending Sale) ...........................

56

43

39

53

-5.4%

Month’s Supply of Inventory ................................

6.4

3.7

3.8

4.8

-25.2%

Percent Under Contract ........................................

23.3%

26.0%

28.0%

22.5%

-3.6%

Average Median Price for Last 12 Months ........

$869,563

$953,875

$957,000

$920,362

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

$932

OCT

$1,001,000

NOV DEC

MEDIAN SALES PRICE

JAN

$482

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.001 M E 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 2017

telesproperties.com

Laguna Hills DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$800,000

$764,000

$855,000

$775,000

-3.1%

Average Price per Square Foot ...........................

$365

$334

$382

$378

3.6%

Properties Sold .......................................................

24

19

30

31

29.2%

Properties Pending Sale .......................................

22

26

23

29

31.8%

Properties For Sale ................................................

127

102

105

107

-15.7%

Days on Market (Pending Sale) ...........................

45

44

31

36

-20.0%

Month’s Supply of Inventory ................................

5.3

5.4

3.5

3.5

-34.8%

Percent Under Contract ........................................

17.3%

25.5%

21.9%

27.1%

56.5%

Average Median Price for Last 12 Months ........

$818,042

$842,500

$829,167

$825,931

1.0%

*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

$800

OCT

$775,000

NOV DEC

MEDIAN SALES PRICE

JAN

$378

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$775 M E 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 2017

telesproperties.com

Laguna Woods DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$0

$0

$0

$0

n/a

Average Price per Square Foot ...........................

$0

$0

$0

$0

n/a

Properties Sold .......................................................

0

0

0

0

n/a

Properties Pending Sale .......................................

0

0

0

0

n/a

Properties For Sale ................................................

1

0

0

0

-100.0%

Days on Market (Pending Sale) ...........................

0

0

0

0

n/a

Month’s Supply of Inventory ................................

n/a

n/a

n/a

n/a

n/a

Percent Under Contract ........................................

0.0%

n/a

n/a

n/a

n/a

Average Median Price for Last 12 Months ........

$129,917

n/a

n/a

n/a

n/a

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP OCT

No sales

NOV DEC

MEDIAN SALES PRICE

JAN

No sales

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

n/a 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 2017

telesproperties.com

Lantern Village in Dana Point DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$775,000

$855,000

$1,072,500

$1,002,500

29.4%

Average Price per Square Foot ...........................

$812

$587

$468

$529

-34.9%

Properties Sold .......................................................

1

2

4

6

500.0%

Properties Pending Sale .......................................

5

8

2

5

0.0%

Properties For Sale ................................................

26

26

27

33

26.9%

Days on Market (Pending Sale) ...........................

44

51

36

80

81.8%

Month’s Supply of Inventory ................................

26

13

6.8

5.5

-78.8%

Percent Under Contract ........................................

19.2%

30.8%

7.4%

15.2%

-21.2%

Average Median Price for Last 12 Months ........

$949,792

$1,143,167

$1,022,500

$987,538

4.0%

*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

$775

OCT

$1,002,500

NOV DEC

MEDIAN SALES PRICE

JAN

$529

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.002 M E 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 2017

telesproperties.com

Lower Newport Bay - Balboa Island DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$3,040,000

$2,700,000

$3,400,000

$3,400,000

11.8%

Average Price per Square Foot ...........................

$1,105

$1,306

$1,327

$1,316

19.1%

Properties Sold .......................................................

5

7

3

5

0.0%

Properties Pending Sale .......................................

6

6

2

11

83.3%

Properties For Sale ................................................

39

29

36

40

2.6%

Days on Market (Pending Sale) ...........................

115

24

30

30

-73.9%

Month’s Supply of Inventory ................................

7.8

4.1

12

8

2.6%

Percent Under Contract ........................................

15.4%

20.7%

5.6%

27.5%

78.8%

Average Median Price for Last 12 Months ........

$3,162,250

$3,621,808

$3,595,833

$3,357,050

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

$3.040

OCT

$3,400,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,316

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.400 M E 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 2017

telesproperties.com

Mission Viejo DATA*

Sep 2016

6 month

3 month

Sep 2017

% change

Median Price ..........................................................

$705,000

$711,000

$720,000

$747,500

6.0%

Average Price per Square Foot ...........................

$351

$371

$368

$358

2.0%

Properties Sold .......................................................

95

99

106

86

-9.5%

Properties Pending Sale .......................................