July 2016 Micro Market Report | Teles Properties

micro market report luxury real estate market research July 2016 | LOS ANGELES, ORANGE, SANTA BARBARA, MONTEREY, SAN DIEGO, RIVERSIDE

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Reading the Report

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

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

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

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

MEDIAN PRICE:

DAYS OF MARKET (PENDING SALE):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

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

MONTH’S SUPPLY OF INVENTORY:

low) don’t hold undue influence.

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

AVERAGE PRICE PER SQUARE FOOT:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

PERCENT UNDER CONTRACT:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

PROPERTIES SOLD:

The number of property transactions

AVERAGE MEDIAN PRICE FOR LAST 12:

that closed and transferred ownership.

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

PROPERTIES PENDING SALE:

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

The number of properties on the market and seeking buyers.

ending in the identified month.

Los Angeles County

Los Angeles County Macro

Mid Los Angeles

Palos Verdes Estates

North Hollywood

Bel Air - Holmby Hills

Mid Wilshire

Rancho Palos Verdes

Shadow Hills

Beverly Center - Miracle Mile

Pacific Palisades

Redondo Beach - North

Sherman Oaks

Beverly Hills

Palms - Mar Vista

Redondo Beach - South

Studio City

Beverly Hills P.O.

Playa del Rey

Rolling Hills

Sun Valley

Beverlywood

Playa Vista

Rolling Hills Estates

Sunland - Tujunga

Brentwood

Santa Monica

San Pedro

Tarzana

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Torrance - County Strip

Toluca Lake

Culver City

Venice

Torrance - North

Valley Village

Hancock Park - Wilshire

West Hollywood

Torrance - Southeast

Woodland Hills

Hollywood

West Los Angeles

Torrance - South

San Gabriel Valley Macro

Hollywood Hills East

Westchester

Torrance - West

Altadena

Laurel Canyon

Westwood - Century City

San Fernando Macro

Arcadia

Los Feliz

South Bay Macro

Burbank

Duarte

Malibu

El Segundo

Encino

Eagle Rock

Malibu Beach

Hermosa Beach

Glendale

La Canada Flintridge

Marina del Rey

Manhattan Beach

La Crescenta

Monrovia

Micro Market Report : July 2016

telesproperties.com

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

Pasadena San Gabriel San Marino Sierra Madre South Pasadena

Micro Market Report : July 2016

telesproperties.com

Los Angeles County DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$555,975

$537,000

$575,000

$599,000

7.7%

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

$428

$424

$443

$443

3.5%

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

5003

3061

4251

4254

-15.0%

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

5391

3512

5160

4851

-10.0%

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

19,900

15,312

17,601

18,640

-6.3%

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

42

54

40

38

-9.5%

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

4

5

4.1

4.4

10.2%

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

27.1%

22.9%

29.3%

26.0%

-3.9%

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

$527,229

$576,958

$594,667

$558,902

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 JUL

$555

AUG

$599,000

SEP OCT

MEDIAN SALES PRICE

NOV

$443

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$599 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Bel-Air Holmby Hills DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,655,000

$2,300,000

$1,840,000

$2,600,000

57.1%

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

$777

$873

$940

$1,007

29.6%

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

19

9

16

14

-26.3%

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

12

8

21

12

0.0%

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

120

102

147

156

30.0%

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

42

48

92

115

173.8%

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

6.3

11.3

9.2

11.1

76.4%

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

10.0%

7.8%

14.3%

7.7%

-23.1%

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

$2,194,938

$2,302,417

$2,571,667

$2,266,077

3.1%

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

current market snapshot JUL

$1.655

AUG

$2,600,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,007

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

11.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.600 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 : July 2016

telesproperties.com

Beverly Center - Miracle Mile DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,751,000

$1,580,000

$1,590,000

$1,650,000

-5.8%

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

$746

$685

$743

$727

-2.5%

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

20

11

19

18

-10.0%

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

18

12

16

17

-5.6%

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

79

74

77

86

8.9%

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

42

47

44

43

2.4%

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

4

6.7

4.1

4.8

21.0%

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

22.8%

16.2%

20.8%

19.8%

-13.2%

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

$1,427,171

$1,453,625

$1,421,667

$1,486,942

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 JUL

$1.751

AUG

$1,650,000

SEP OCT

MEDIAN SALES PRICE

NOV

$727

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Beverly Hills DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$4,877,500

$4,250,000

$3,215,000

$5,088,500

4.3%

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

$1,386

$1,104

$1,209

$1,178

-15.0%

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

18

13

10

14

-22.2%

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

10

9

14

9

-10.0%

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

91

100

128

115

26.4%

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

116

77

46

67

-42.2%

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

5.1

7.7

12.8

8.2

62.5%

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

11.0%

9.0%

10.9%

7.8%

-28.8%

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

$4,626,667

$4,886,000

$5,093,667

$4,904,068

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 JUL

$4.877

AUG

$5,088,500

SEP OCT

MEDIAN SALES PRICE

NOV

$1,178

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$5.088 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Beverly Hills- Post Office DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$2,863,000

$4,135,000

$2,575,000

$4,917,500

71.8%

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

$1,109

$1,200

$718

$785

-29.2%

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

14

8

11

10

-28.6%

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

12

6

14

16

33.3%

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

155

140

154

190

22.6%

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

120

137

75

67

-44.2%

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

11.1

17.5

14

19

71.6%

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

7.7%

4.3%

9.1%

8.4%

8.8%

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

$2,617,250

$2,774,167

$3,126,667

$2,825,038

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 JUL

$2.863

AUG

$4,917,500

SEP OCT

MEDIAN SALES PRICE

NOV

$785

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

19 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$4.917 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 : July 2016

telesproperties.com

Beverlywood DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,348,000

$1,170,000

$1,160,000

$1,320,000

-2.1%

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

$693

$667

$695

$699

0.9%

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

18

14

17

16

-11.1%

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

24

9

22

23

-4.2%

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

58

51

75

81

39.7%

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

25

58

35

33

32.0%

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

3.2

3.6

4.4

5.1

57.1%

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

41.4%

17.6%

29.3%

28.4%

-31.4%

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

$983,094

$1,248,352

$1,268,342

$1,163,240

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 JUL

$1.348

AUG

$1,320,000

SEP OCT

MEDIAN SALES PRICE

NOV

$699

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.320 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Brentwood DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$2,348,250

$2,208,750

$2,496,500

$3,950,000

68.2%

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

$1,028

$888

$1,240

$999

-2.8%

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

22

12

22

15

-31.8%

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

26

10

29

27

3.8%

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

134

117

156

162

20.9%

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

60

45

54

52

-13.3%

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

6.1

9.8

7.1

10.8

77.3%

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

19.4%

8.5%

18.6%

16.7%

-14.1%

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

$2,713,333

$3,074,167

$3,523,667

$3,013,183

10.0%

*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 JUL

$2.348

AUG

$3,950,000

SEP OCT

MEDIAN SALES PRICE

NOV

$999

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

10.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Cheviot Hills - Rancho Park DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,685,000

$1,502,833

$2,305,000

$3,175,000

88.4%

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

$751

$739

$714

$760

1.2%

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

7

7

6

7

0.0%

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

9

7

8

11

22.2%

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

28

32

28

35

25.0%

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

36

80

46

22

-38.9%

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

4

4.6

4.7

5

25.0%

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

32.1%

21.9%

28.6%

31.4%

-2.2%

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

$1,630,625

$2,197,917

$2,488,333

$1,930,516

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 JUL

$1.685

AUG

$3,175,000

SEP OCT

MEDIAN SALES PRICE

NOV

$760

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.175 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 : July 2016

telesproperties.com

Culver City DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,005,000

$938,000

$1,200,000

$1,117,750

11.2%

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

$647

$589

$666

$699

8.0%

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

26

16

27

20

-23.1%

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

22

10

27

18

-18.2%

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

85

45

64

64

-24.7%

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

38

82

22

29

-23.7%

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

3.3

2.8

2.4

3.2

-2.1%

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

25.9%

22.2%

42.2%

28.1%

8.7%

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

$929,464

$1,120,708

$1,132,250

$1,071,519

13.3%

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

current market snapshot JUL

$1.005

AUG

$1,117,750

SEP OCT

MEDIAN SALES PRICE

NOV

$699

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.117 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Downtown DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$272,000

$285,000

$269,625

$362,500

33.3%

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

$357

$230

$242

$270

-24.4%

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

10

11

8

6

-40.0%

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

10

7

14

9

-10.0%

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

63

52

54

47

-25.4%

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

50

103

41

32

-36.0%

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

6.3

4.7

6.8

7.8

24.3%

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

15.9%

13.5%

25.9%

19.1%

20.6%

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

$277,817

$351,188

$369,167

$320,872

13.4%

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

current market snapshot JUL

$272

AUG

$362,500

SEP OCT

MEDIAN SALES PRICE

NOV

$270

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$362 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Hancock Park - Wilshire DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,450,000

$1,330,438

$1,480,000

$1,475,000

1.7%

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

$697

$618

$624

$673

-3.4%

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

25

18

29

24

-4.0%

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

13

17

27

27

107.7%

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

127

111

112

122

-3.9%

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

42

54

43

50

19.0%

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

5.1

6.2

3.9

5.1

0.1%

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

10.2%

15.3%

24.1%

22.1%

116.2%

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

$1,293,667

$1,577,000

$1,572,333

$1,493,418

13.4%

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

current market snapshot JUL

$1.450

AUG

$1,475,000

SEP OCT

MEDIAN SALES PRICE

NOV

$673

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Hollywood DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$682,500

$1,005,000

$2,300,000

$872,000

27.8%

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

$496

$568

$769

$537

8.3%

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

12

5

3

8

-33.3%

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

10

11

9

3

-70.0%

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

49

45

40

32

-34.7%

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

35

60

36

28

-20.0%

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

4.1

9

13.3

4

-2.0%

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

20.4%

24.4%

22.5%

9.4%

-54.1%

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

$791,114

$1,088,167

$836,667

$964,873

18.0%

*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 JUL

$682

AUG

$872,000

SEP OCT

MEDIAN SALES PRICE

NOV

$537

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$872 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Hollywood Hills East DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,300,000

$1,120,000

$1,375,582

$2,562,500

97.1%

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

$614

$590

$669

$548

-10.7%

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

15

12

10

4

-73.3%

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

11

11

16

9

-18.2%

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

90

57

70

63

-30.0%

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

47

56

53

28

-40.4%

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

8.2

5.2

4.4

15.8

92.5%

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

12.2%

19.3%

22.9%

14.3%

16.9%

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

$1,203,122

$1,491,500

$1,733,640

$1,339,817

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 JUL

$1.300

AUG

$2,562,500

SEP OCT

MEDIAN SALES PRICE

NOV

$548

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

15.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.562 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Laurel Canyon DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,636,000

$1,331,055

$1,312,500

$0

-100.0%

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

$725

$720

$759

$0

-100.0%

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

41

17

18

0

-100.0%

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

39

14

28

0

-100.0%

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

153

125

146

0

-100.0%

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

48

49

35

0

-100.0%

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

3.9

8.9

5.2

n/a

n/a

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

25.5%

11.2%

19.2%

n/a

n/a

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

$1,469,515

$1,539,500

$1,575,000

$1,471,255

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 JUL

$1.636

AUG

No sales

SEP OCT

MEDIAN SALES PRICE

NOV

No sales

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

n/a MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : July 2016

telesproperties.com

Los Feliz DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,380,000

$1,329,000

$1,575,000

$1,325,000

-4.0%

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

$703

$655

$618

$660

-6.1%

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

21

15

17

15

-28.6%

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

25

16

19

19

-24.0%

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

115

79

70

90

-21.7%

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

53

59

37

74

39.6%

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

4.6

4.9

3.7

6

30.4%

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

21.7%

20.3%

27.1%

21.1%

-2.9%

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

$1,348,204

$1,613,292

$1,379,333

$1,525,319

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 JUL

$1.380

AUG

$1,325,000

SEP OCT

MEDIAN SALES PRICE

NOV

$660

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.325 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Malibu DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$2,637,500

$2,512,500

$1,785,000

$2,030,000

-23.0%

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

$833

$866

$817

$696

-16.4%

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

14

10

14

13

-7.1%

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

18

15

22

20

11.1%

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

252

203

219

226

-10.3%

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

86

83

127

103

19.8%

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

18

20.3

15.6

17.4

-3.4%

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

7.1%

7.4%

10.0%

8.8%

23.9%

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

$2,302,833

$2,339,583

$2,693,333

$2,360,895

2.5%

*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 $2.637

JUL AUG

$2,030,000

SEP OCT

MEDIAN SALES PRICE

NOV

$696

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

17.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.030 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 : July 2016

telesproperties.com

Malibu Beach DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$8,137,500

$10,400,000

$5,050,000

$2,611,500

-67.9%

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

$2,135

$3,806

$2,152

$1,302

-39.0%

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

4

4

4

2

-50.0%

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

5

4

3

7

40.0%

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

86

75

87

101

17.4%

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

92

103

133

88

-4.3%

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

21.5

18.8

21.8

50.5

134.9%

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

5.8%

5.3%

3.4%

6.9%

19.2%

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

$6,332,500

$6,876,500

$6,403,000

$7,077,038

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 $8.137

JUL AUG

$2,611,500

SEP OCT

MEDIAN SALES PRICE

NOV

$1,302

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

50.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.611 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Marina Del Rey DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,410,000

$1,992,500

$1,055,000

$3,450,000

144.7%

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

$946

$685

$853

$818

-13.5%

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

3

4

8

1

-66.7%

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

5

5

6

5

0.0%

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

29

29

34

29

0.0%

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

45

45

70

58

28.9%

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

9.7

7.2

4.2

29

200.0%

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

17.2%

17.2%

17.6%

17.2%

0.0%

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

$1,526,319

$1,421,583

$1,917,500

$1,557,558

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 JUL

$1.410

AUG

$3,450,000

SEP OCT

MEDIAN SALES PRICE

NOV

$818

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

29 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Mid Los Angeles DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$560,000

$495,000

$650,000

$705,000

25.9%

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

$342

$370

$339

$394

15.2%

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

51

36

27

43

-15.7%

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

40

36

52

32

-20.0%

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

159

141

150

127

-20.1%

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

36

55

54

24

-33.3%

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

3.1

3.9

5.6

3

-5.3%

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

25.2%

25.5%

34.7%

25.2%

0.2%

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

$475,179

$606,948

$625,729

$571,019

16.8%

*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 JUL

$560

AUG

$705,000

SEP OCT

MEDIAN SALES PRICE

NOV

$394

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$705 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Mid Wilshire DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$752,500

$815,000

$744,000

$939,500

24.9%

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

$326

$320

$335

$344

5.5%

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

6

2

3

4

-33.3%

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

3

2

6

2

-33.3%

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

30

24

17

16

-46.7%

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

86

51

66

11

-87.2%

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

5

12

5.7

4

-20.0%

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

10.0%

8.3%

35.3%

12.5%

25.0%

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

$625,850

$780,917

$814,833

$791,542

20.9%

*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 JUL

$752

AUG

$939,500

SEP OCT

MEDIAN SALES PRICE

NOV

$344

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$939 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Pacific Palisades DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$2,925,000

$2,964,750

$2,264,500

$2,525,000

-13.7%

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

$974

$1,014

$956

$988

1.4%

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

27

16

16

24

-11.1%

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

18

23

31

22

22.2%

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

137

135

145

155

13.1%

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

58

81

53

44

-24.1%

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

5.1

8.4

9.1

6.5

27.3%

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

13.1%

17.0%

21.4%

14.2%

8.0%

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

$2,603,867

$2,537,333

$2,538,333

$2,731,875

4.7%

*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 JUL

$2.925

AUG

$2,525,000

SEP OCT

MEDIAN SALES PRICE

NOV

$988

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.525 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Palms - Mar Vista DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,257,500

$1,200,000

$1,288,875

$1,419,500

12.9%

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

$708

$790

$758

$731

3.2%

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

47

19

30

34

-27.7%

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

34

21

36

26

-23.5%

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

84

65

104

83

-1.2%

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

24

43

27

36

50.0%

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

1.8

3.4

3.5

2.4

36.6%

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

40.5%

32.3%

34.6%

31.3%

-22.6%

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

$1,114,415

$1,298,004

$1,305,050

$1,268,348

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 JUL

$1.257

AUG

$1,419,500

SEP OCT

MEDIAN SALES PRICE

NOV

$731

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.419 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Playa Del Rey DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,090,000

$1,612,500

$2,430,000

$1,329,500

22.0%

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

$779

$730

$517

$584

-25.0%

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

2

2

1

4

100.0%

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

4

3

4

3

-25.0%

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

13

13

17

20

53.8%

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

28

64

23

109

289.3%

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

6.5

6.5

17

5

-23.1%

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

30.8%

23.1%

23.5%

15.0%

-51.2%

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

$1,662,583

$1,577,129

$1,271,583

$1,503,713

-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 JUL

$1.090

AUG

$1,329,500

SEP OCT

MEDIAN SALES PRICE

NOV

$584

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.329 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Playa Vista DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,465,000

$0

$1,830,000

$1,909,250

30.3%

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

$644

$0

$786

$806

25.2%

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

3

0

1

2

-33.3%

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

6

0

3

0

-100.0%

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

10

5

8

9

-10.0%

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

52

0

15

80

53.8%

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

3.3

n/a

8

0

-100.0%

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

60.0%

0.0%

37.5%

0.0%

-100.0%

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

$1,652,250

$1,777,813

$1,760,417

$1,804,583

9.2%

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

current market snapshot JUL

$1.465

AUG

$1,909,250

SEP OCT

MEDIAN SALES PRICE

NOV

$806

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

No sales MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.909 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Santa Monica DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$2,895,000

$2,200,000

$2,450,000

$2,150,000

-25.7%

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

$1,151

$954

$1,242

$1,055

-8.3%

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

38

10

19

20

-47.4%

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

17

12

29

14

-17.6%

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

86

95

113

85

-1.2%

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

32

38

25

38

18.8%

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

2.3

9.5

5.9

4.2

87.8%

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

19.8%

12.6%

25.7%

16.5%

-16.7%

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

$2,341,562

$2,565,000

$2,131,667

$2,433,315

3.8%

*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 $2.895

JUL AUG

$2,150,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,055

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Sunset Strip - Hollywood Hills West DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,707,500

$2,270,000

$1,520,000

$1,890,000

10.7%

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

$777

$1,168

$816

$882

13.5%

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

38

26

37

31

-18.4%

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

46

22

43

50

8.7%

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

342

273

304

340

-0.6%

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

53

77

45

73

37.7%

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

9

10.5

8.2

11

21.9%

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

13.5%

8.1%

14.1%

14.7%

9.3%

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

$1,789,498

$1,773,083

$1,870,333

$1,724,385

-3.8%

*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 JUL

$1.707

AUG

$1,890,000

SEP OCT

MEDIAN SALES PRICE

NOV

$882

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

11 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.890 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Venice DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,890,300

$2,162,500

$1,750,000

$1,725,000

-8.7%

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

$1,016

$1,115

$1,164

$945

-7.0%

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

16

13

15

23

43.8%

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

19

9

20

23

21.1%

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

75

79

87

105

40.0%

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

39

55

74

42

7.7%

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

4.7

6.1

5.8

4.6

-2.6%

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

25.3%

11.4%

23.0%

21.9%

-13.5%

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

$1,721,862

$1,803,515

$1,840,364

$1,793,771

4.2%

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

current market snapshot JUL

$1.890

AUG

$1,725,000

SEP OCT

MEDIAN SALES PRICE

NOV

$945

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

West Hollywood DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,267,500

$1,493,250

$1,275,000

$1,555,000

22.7%

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

$836

$992

$843

$790

-5.5%

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

10

8

7

9

-10.0%

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

7

8

15

10

42.9%

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

53

44

63

75

41.5%

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

64

26

31

31

-51.6%

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

5.3

5.5

9

8.3

57.2%

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

13.2%

18.2%

23.8%

13.3%

1.0%

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

$1,434,042

$1,535,625

$1,571,667

$1,483,156

3.3%

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

current market snapshot JUL

$1.267

AUG

$1,555,000

SEP OCT

MEDIAN SALES PRICE

NOV

$790

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.555 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

West Los Angeles DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$900,000

$1,092,500

$1,380,000

$1,128,500

25.4%

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

$615

$684

$649

$715

16.3%

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

9

6

9

8

-11.1%

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

12

6

13

14

16.7%

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

42

34

39

47

11.9%

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

64

40

23

19

-70.3%

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

4.7

5.7

4.3

5.9

25.9%

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

28.6%

17.6%

33.3%

29.8%

4.3%

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

$836,315

$1,084,500

$1,097,333

$1,075,519

28.6%

*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 JUL

$900

AUG

$1,128,500

SEP OCT

MEDIAN SALES PRICE

NOV

$715

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.128 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Westchester DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$924,500

$1,072,000

$1,017,250

$1,160,000

25.5%

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

$605

$556

$691

$608

0.5%

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

30

15

20

27

-10.0%

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

27

21

30

33

22.2%

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

76

59

74

92

21.1%

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

20

48

23

24

20.0%

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

2.5

3.9

3.7

3.4

34.5%

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

35.5%

35.6%

40.5%

35.9%

1.0%

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

$871,744

$1,042,117

$1,116,067

$992,337

13.8%

*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 JUL

$924

AUG

$1,160,000

SEP OCT

MEDIAN SALES PRICE

NOV

$608

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.160 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Westwood - Century City DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,500,000

$1,715,000

$1,735,000

$1,572,000

4.8%

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

$879

$837

$865

$820

-6.7%

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

16

12

15

13

-18.8%

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

22

10

23

18

-18.2%

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

76

54

84

75

-1.3%

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

29

29

48

55

89.7%

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

4.8

4.5

5.6

5.8

21.5%

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

28.9%

18.5%

27.4%

24.0%

-17.1%

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

$1,718,010

$1,932,272

$2,216,210

$1,831,586

6.6%

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

current market snapshot JUL

$1.500

AUG

$1,572,000

SEP OCT

MEDIAN SALES PRICE

NOV

$820

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.572 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

South Bay Macro Market DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,292,833

$1,180,412

$1,219,690

$1,240,554

-4.0%

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

$631

$597

$586

$596

-5.5%

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

298

160

248

266

-10.7%

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

269

170

307

270

0.4%

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

965

722

952

1,112

15.2%

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

32

44

44

39

20.5%

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

3.2

4.5

3.8

4.2

29.1%

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

27.9%

23.5%

32.2%

24.3%

-12.9%

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

$1,197,800

$1,277,955

$1,301,583

$1,300,530

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 JUL

$1.292

AUG

$1,240,554

SEP OCT

MEDIAN SALES PRICE

NOV

$596

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.240 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

El Segundo DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,185,000

$1,480,500

$1,142,500

$1,325,000

11.8%

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

$646

$615

$659

$642

-0.6%

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

10

4

10

14

40.0%

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

8

6

10

7

-12.5%

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

27

19

27

29

7.4%

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

47

60

32

41

-12.8%

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

2.7

4.8

2.7

2.1

-23.3%

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

29.6%

31.6%

37.0%

24.1%

-18.5%

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

$999,792

$1,254,167

$1,326,667

$1,208,385

20.9%

*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 JUL

$1.185

AUG

$1,325,000

SEP OCT

MEDIAN SALES PRICE

NOV

$642

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.325 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Hermosa Beach DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,763,750

$2,108,750

$1,800,000

$1,650,500

-6.4%

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

$928

$1,121

$881

$946

1.9%

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

10

6

11

14

40.0%

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

7

2

16

14

100.0%

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

38

26

59

71

86.8%

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

32

8

46

43

34.4%

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

3.8

4.3

5.4

5.1

33.5%

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

18.4%

7.7%

27.1%

19.7%

7.0%

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

$1,687,204

$1,538,479

$1,537,917

$1,786,106

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 JUL

$1.763

AUG

$1,650,500

SEP OCT

MEDIAN SALES PRICE

NOV

$946

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Manhattan Beach DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$2,087,500

$1,770,000

$2,365,000

$2,582,000

23.7%

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

$1,136

$854

$969

$949

-16.5%

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

26

15

25

25

-3.8%

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

30

20

32

35

16.7%

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

109

83

134

175

60.6%

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

30

50

41

55

83.3%

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

4.2

5.5

5.4

7

67.0%

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

27.5%

24.1%

23.9%

20.0%

-27.3%

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

$2,055,625

$2,328,250

$2,394,000

$2,215,385

7.8%

*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 JUL

$2.087

AUG

$2,582,000

SEP OCT

MEDIAN SALES PRICE

NOV

$949

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.582 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Palos Verdes Estates DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,995,000

$1,439,000

$1,770,750

$2,310,000

15.8%

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

$748

$647

$645

$712

-4.8%

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

23

7

10

19

-17.4%

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

17

16

19

15

-11.8%

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

82

73

93

95

15.9%

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

38

50

123

67

76.3%

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

3.6

10.4

9.3

5

40.2%

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

20.7%

21.9%

20.4%

15.8%

-23.8%

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

$1,800,729

$1,856,458

$1,989,500

$1,793,688

-0.4%

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

current market snapshot JUL

$1.995

AUG

$2,310,000

SEP OCT

MEDIAN SALES PRICE

NOV

$712

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.310 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Rancho Palos Verdes DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,150,000

$1,174,500

$1,067,500

$1,291,000

12.3%

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

$615

$561

$501

$528

-14.1%

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

39

22

32

41

5.1%

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

33

19

42

42

27.3%

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

169

113

151

183

8.3%

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

47

78

41

43

-8.5%

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

4.3

5.1

4.7

4.5

3.0%

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

19.5%

16.8%

27.8%

23.0%

17.5%

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

$1,161,458

$1,282,250

$1,307,000

$1,227,545

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 JUL

$1.150

AUG

$1,291,000

SEP OCT

MEDIAN SALES PRICE

NOV

$528

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.291 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Redondo Beach- North DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$890,000

$897,500

$1,000,000

$1,100,000

23.6%

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

$502

$542

$525

$580

15.5%

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

26

12

24

17

-34.6%

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

29

10

22

13

-55.2%

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

54

30

38

46

-14.8%

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

27

14

18

13

-51.9%

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

2.1

2.5

1.6

2.7

30.3%

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

53.7%

33.3%

57.9%

28.3%

-47.4%

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

$849,923

$902,292

$946,833

$888,750

4.6%

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

current market snapshot JUL

$890

AUG

$1,100,000

SEP OCT

MEDIAN SALES PRICE

NOV

$580

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

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

Micro Market Report : July 2016

telesproperties.com

Redondo Beach- South DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,407,500

$1,072,500

$1,200,000

$1,403,000

-0.3%

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

$681

$673

$614

$669

-1.8%

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

16

12

13

16

0.0%

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

13

8

26

18

38.5%

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

51

31

60

57

11.8%

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

17

35

20

28

64.7%

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

3.2

2.6

4.6

3.6

11.8%

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

25.5%

25.8%

43.3%

31.6%

23.9%

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

$1,179,167

$1,394,000

$1,379,667

$1,311,135

11.2%

*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 JUL

$1.407

AUG

$1,403,000

SEP OCT

MEDIAN SALES PRICE

NOV

$669

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.403 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Rolling Hills DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$3,765,000

$0

$2,750,000

$0

-100.0%

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

$1,117

$0

$763

$0

-100.0%

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

2

0

3

0

-100.0%

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

0

2

5

2

n/a

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

23

22

26

32

39.1%

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

0

44

116

65

n/a

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

11.5

n/a

8.7

n/a

n/a

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

0.0%

9.1%

19.2%

6.2%

n/a

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

$3,199,861

$3,461,930

$3,731,250

$3,501,915

9.4%

*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 JUL

$3.765

AUG

No sales

SEP OCT

MEDIAN SALES PRICE

NOV

No sales

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

n/a MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : July 2016

telesproperties.com

Rolling Hills Estates DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,287,500

$2,756,000

$1,350,000

$1,766,000

37.2%

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

$564

$824

$608

$681

20.7%

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

8

2

15

3

-62.5%

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

13

5

11

7

-46.2%

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

34

20

36

41

20.6%

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

44

26

30

47

6.8%

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

4.2

10

2.4

13.7

221.6%

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

38.2%

25.0%

30.6%

17.1%

-55.3%

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

$1,405,607

$1,493,167

$1,632,833

$1,620,365

15.3%

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

current market snapshot JUL

$1.287

AUG

$1,766,000

SEP OCT

MEDIAN SALES PRICE

NOV

$681

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

13.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.766 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

San Pedro DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$525,000

$529,000

$550,000

$579,000

10.3%

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

$416

$357

$420

$407

-2.2%

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

46

26

25

39

-15.2%

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

44

30

43

29

-34.1%

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

148

116

128

141

-4.7%

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

33

68

41

53

60.6%

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

3.2

4.5

5.1

3.6

12.4%

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

29.7%

25.9%

33.6%

20.6%

-30.8%

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

$542,438

$600,502

$616,733

$579,078

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 JUL

$525

AUG

$579,000

SEP OCT

MEDIAN SALES PRICE

NOV

$407

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$579 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Torrance- County Strip DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$455,000

$460,000

$499,000

$500,000

9.9%

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

$360

$395

$373

$374

3.9%

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

8

5

5

9

12.5%

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

6

7

7

5

-16.7%

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

20

24

16

20

0.0%

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

32

31

25

22

-31.2%

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

2.5

4.8

3.2

2.2

-11.1%

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

30.0%

29.2%

43.8%

25.0%

-16.7%

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

$450,646

$490,667

$486,667

$485,865

7.8%

*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 JUL

$455

AUG

$500,000

SEP OCT

MEDIAN SALES PRICE

NOV

$374

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Torrance- North DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$630,000

$595,000

$587,000

$610,000

-3.2%

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

$407

$411

$432

$469

15.2%

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

31

13

24

18

-41.9%

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

20

11

20

18

-10.0%

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

60

49

49

60

0.0%

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

33

63

26

18

-45.5%

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

1.9

3.8

2

3.3

72.2%

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

33.3%

22.4%

40.8%

30.0%

-10.0%

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

$452,938

$614,333

$623,000

$611,613

35.0%

*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 JUL

$630

AUG

$610,000

SEP OCT

MEDIAN SALES PRICE

NOV

$469

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$610 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Torrance- South DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$881,250

$733,012

$871,100

$848,000

-3.8%

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

$460

$466

$530

$506

10.0%

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

20

16

22

20

0.0%

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

19

15

21

21

10.5%

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

65

42

44

64

-1.5%

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

27

28

29

28

3.7%

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

3.2

2.6

2

3.2

-1.5%

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

29.2%

35.7%

47.7%

32.8%

12.3%

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

$820,637

$876,183

$870,000

$862,143

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 JUL

$881

AUG

$848,000

SEP OCT

MEDIAN SALES PRICE

NOV

$506

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$848 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Torrance- Southeast DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$605,000

$680,000

$549,000

$593,250

-1.9%

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

$346

$401

$367

$386

11.6%

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

12

9

13

14

16.7%

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

15

9

14

20

33.3%

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

49

45

50

54

10.2%

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

50

80

47

28

-44.0%

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

4.1

5

3.8

3.9

-5.5%

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

30.6%

20.0%

28.0%

37.0%

21.0%

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

$599,777

$629,542

$669,417

$611,712

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 JUL

$605

AUG

$593,250

SEP OCT

MEDIAN SALES PRICE

NOV

$386

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$593 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Torrance- West DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$765,000

$830,000

$793,500

$810,000

5.9%

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

$532

$493

$505

$495

-7.0%

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

21

11

16

17

-19.0%

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

15

10

19

24

60.0%

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

36

29

41

44

22.2%

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

26

26

24

31

19.2%

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

1.7

2.6

2.6

2.6

51.0%

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

41.7%

34.5%

46.3%

54.5%

30.9%

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

$761,200

$817,333

$842,500

$804,269

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 JUL

$765

AUG

$810,000

SEP OCT

MEDIAN SALES PRICE

NOV

$495

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$810 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

San Fernando Valley Macro Market DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$836,429

$855,143

$888,929

$972,643

16.3%

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

$428

$426

$439

$454

6.2%

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

38

22

33

35

-8.4%

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

46

27

41

37

-19.8%

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

75

57

69

88

17.5%

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

57

70

54

64

12.1%

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

2

2.6

2.1

2.5

28.3%

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

61.6%

47.2%

59.8%

42.0%

-31.7%

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

$785,353

$892,976

$886,357

$854,582

8.8%

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

current market snapshot JUL

$836

AUG

$972,643

SEP OCT

MEDIAN SALES PRICE

NOV

$454

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$972 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Burbank DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$705,000

$720,000

$753,000

$735,000

4.3%

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

$452

$455

$465

$493

9.1%

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

55

21

47

59

7.3%

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

59

48

72

60

1.7%

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

102

65

97

118

15.7%

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

50

60

68

50

0.0%

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

1.9

3.1

2.1

2

7.8%

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

57.8%

73.8%

74.2%

50.8%

-12.1%

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

$666,583

$723,667

$723,333

$720,231

8.0%

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

current market snapshot JUL

$705

AUG

$735,000

SEP OCT

MEDIAN SALES PRICE

NOV

$493

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$735 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Encino DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,262,000

$1,106,000

$1,225,000

$1,375,000

9.0%

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

$470

$461

$520

$528

12.3%

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

49

40

34

47

-4.1%

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

50

27

63

47

-6.0%

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

75

91

120

126

68.0%

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

58

75

51

62

6.9%

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

1.5

2.3

3.5

2.7

75.1%

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

66.7%

29.7%

52.5%

37.3%

-44.0%

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

$1,120,229

$1,237,500

$1,309,000

$1,191,077

6.3%

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

current market snapshot JUL

$1.262

AUG

$1,375,000

SEP OCT

MEDIAN SALES PRICE

NOV

$528

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.375 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Glendale DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$863,000

$775,000

$877,000

$900,000

4.3%

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

$440

$456

$459

$451

2.5%

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

76

53

60

57

-25.0%

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

96

49

62

63

-34.4%

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

114

84

104

132

15.8%

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

48

67

53

50

4.2%

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

1.5

1.6

1.7

2.3

54.4%

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

84.2%

58.3%

59.6%

47.7%

-43.3%

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

$767,500

$844,333

$858,000

$824,308

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 JUL

$863

AUG

$900,000

SEP OCT

MEDIAN SALES PRICE

NOV

$451

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2016

telesproperties.com

La Crescenta DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$695,000

$760,000

$770,000

$832,000

19.7%

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

$437

$449

$495

$481

10.1%

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

29

13

11

22

-24.1%

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

25

13

24

22

-12.0%

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

28

20

29

47

67.9%

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

48

58

57

51

6.2%

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

1

1.5

2.6

2.1

121.3%

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

89.3%

65.0%

82.8%

46.8%

-47.6%

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

$724,667

$793,667

$816,333

$777,385

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 JUL

$695

AUG

$832,000

SEP OCT

MEDIAN SALES PRICE

NOV

$481

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$832 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

North Hollywood DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$485,000

$508,000

$497,000

$534,000

10.1%

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

$323

$345

$358

$367

13.6%

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

44

26

46

38

-13.6%

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

59

36

43

37

-37.3%

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

61

49

51

55

-9.8%

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

65

54

54

55

-15.4%

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

1.4

1.9

1.1

1.4

4.4%

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

96.7%

73.5%

84.3%

67.3%

-30.4%

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

$460,875

$517,167

$523,000

$512,769

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 JUL

$485

AUG

$534,000

SEP OCT

MEDIAN SALES PRICE

NOV

$367

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$534 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Shadow Hills DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$900,000

$609,000

$753,000

$765,000

-15.0%

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

$362

$392

$247

$325

-10.2%

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

6

2

4

4

-33.3%

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

3

3

7

4

33.3%

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

9

14

9

19

111.1%

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

91

78

86

127

39.6%

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

1.5

7

2.2

4.8

216.7%

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

33.3%

21.4%

77.8%

21.1%

-36.8%

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

$799,273

$837,667

$676,000

$743,923

-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 JUL

$900

AUG

$765,000

SEP OCT

MEDIAN SALES PRICE

NOV

$325

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$765 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Sherman Oaks DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$905,000

$1,051,000

$1,240,000

$1,171,000

29.4%

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

$485

$460

$468

$499

2.9%

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

66

34

63

63

-4.5%

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

76

45

70

60

-21.1%

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

133

105

149

158

18.8%

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

51

58

57

70

37.3%

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

2

3.1

2.4

2.5

24.5%

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

57.1%

42.9%

47.0%

38.0%

-33.5%

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

$931,771

$1,117,333

$1,113,000

$1,029,692

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 JUL

$905

AUG

$1,171,000

SEP OCT

MEDIAN SALES PRICE

NOV

$499

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.171 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Studio City DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,425,000

$1,260,000

$1,328,000

$1,475,000

3.5%

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

$602

$562

$536

$618

2.7%

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

38

18

28

33

-13.2%

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

46

28

32

31

-32.6%

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

98

72

73

103

5.1%

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

45

89

54

53

17.8%

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

2.6

4

2.6

3.1

21.0%

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

46.9%

38.9%

43.8%

30.1%

-35.9%

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

$1,177,958

$1,416,333

$1,425,000

$1,379,308

17.1%

*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 JUL

$1.425

AUG

$1,475,000

SEP OCT

MEDIAN SALES PRICE

NOV

$618

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Sun Valley DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$395,000

$425,000

$443,000

$465,000

17.7%

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

$320

$290

$320

$353

10.3%

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

16

10

18

21

31.2%

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

31

14

24

20

-35.5%

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

42

28

28

22

-47.6%

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

49

71

41

38

-22.4%

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

2.6

2.8

1.6

1

-60.1%

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

73.8%

50.0%

85.7%

90.9%

23.2%

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

$422,083

$474,333

$463,000

$453,154

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 JUL

$395

AUG

$465,000

SEP OCT

MEDIAN SALES PRICE

NOV

$353

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2016

telesproperties.com

Sunland/Tujunga DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$508,000

$548,000

$525,000

$565,000

11.2%

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

$348

$310

$366

$376

8.0%

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

44

20

45

33

-25.0%

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

40

23

39

52

30.0%

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

77

52

49

73

-5.2%

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

51

74

62

56

9.8%

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

1.8

2.6

1.1

2.2

26.4%

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

51.9%

44.2%

79.6%

71.2%

37.1%

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

$486,542

$529,333

$557,000

$520,231

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 JUL

$508

AUG

$565,000

SEP OCT

MEDIAN SALES PRICE

NOV

$376

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$565 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Tarzana DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,075,000

$842,000

$1,044,000

$1,161,000

8.0%

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

$395

$367

$428

$430

8.9%

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

23

20

24

23

0.0%

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

32

21

28

32

0.0%

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

110

61

68

100

-9.1%

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

81

63

42

78

-3.7%

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

4.8

3

2.8

4.3

-9.1%

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

29.1%

34.4%

41.2%

32.0%

10.0%

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

$917,833

$999,833

$1,018,667

$932,462

1.6%

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

current market snapshot JUL

$1.075

AUG

$1,161,000

SEP OCT

MEDIAN SALES PRICE

NOV

$430

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.161 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Toluca Lake DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$900,000

$1,743,000

$1,280,000

$1,975,000

119.4%

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

$518

$605

$612

$547

5.6%

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

11

6

7

5

-54.5%

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

7

7

5

5

-28.6%

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

20

11

12

20

0.0%

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

44

82

37

95

115.9%

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

1.8

1.8

1.7

4

120.0%

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

35.0%

63.6%

41.7%

25.0%

-28.6%

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

$987,542

$1,369,667

$1,275,000

$1,246,385

26.2%

*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 JUL

$900

AUG

$1,975,000

SEP OCT

MEDIAN SALES PRICE

NOV

$547

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2016

telesproperties.com

Valley Village DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$895,000

$777,000

$910,000

$886,000

-1.0%

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

$495

$457

$506

$502

1.4%

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

8

7

13

21

162.5%

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

18

8

23

21

16.7%

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

9

17

32

35

288.9%

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

43

90

39

52

20.9%

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

1.1

2.4

2.5

1.7

48.1%

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

200.0%

47.1%

71.9%

60.0%

-70.0%

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

$820,083

$877,667

$892,333

$877,000

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 JUL

$895

AUG

$886,000

SEP OCT

MEDIAN SALES PRICE

NOV

$502

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$886 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Woodland Hills DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$697,000

$848,000

$800,000

$778,000

11.6%

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

$338

$349

$370

$386

14.2%

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

70

35

59

64

-8.6%

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

105

52

84

65

-38.1%

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

173

123

142

227

31.2%

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

72

66

50

55

-23.6%

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

2.5

3.5

2.4

3.5

43.5%

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

60.7%

42.3%

59.2%

28.6%

-52.8%

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

$712,000

$763,167

$759,333

$756,231

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 JUL

$697

AUG

$778,000

SEP OCT

MEDIAN SALES PRICE

NOV

$386

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$778 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

San Gabriel Valley Macro Market DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$966,167

$962,083

$1,094,500

$1,039,500

7.6%

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

$526

$491

$535

$532

1.2%

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

32

17

28

26

-18.1%

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

32

21

28

30

-8.2%

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

83

53

65

79

-4.1%

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

48

64

60

48

0.2%

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

2.6

3.2

2.4

3.1

17.1%

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

39.1%

40.3%

42.3%

37.5%

-4.3%

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

$971,228

$1,017,903

$1,014,806

$1,005,833

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 JUL

$966

AUG

$1,039,500

SEP OCT

MEDIAN SALES PRICE

NOV

$532

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.039 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Alhambra DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$525,000

$635,000

$539,000

$622,000

18.5%

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

$372

$365

$425

$402

8.1%

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

49

9

26

25

-49.0%

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

39

21

25

30

-23.1%

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

90

40

39

47

-47.8%

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

45

72

74

56

24.4%

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

1.8

4.4

1.5

1.9

2.4%

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

43.3%

52.5%

64.1%

63.8%

47.3%

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

$519,583

$586,500

$600,000

$587,615

13.1%

*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 JUL

$525

AUG

$622,000

SEP OCT

MEDIAN SALES PRICE

NOV

$402

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$622 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Altadena DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$785,000

$757,000

$708,000

$775,000

-1.3%

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

$462

$446

$449

$475

2.8%

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

39

20

42

26

-33.3%

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

35

27

30

32

-8.6%

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

72

41

71

76

5.6%

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

54

69

53

47

-13.0%

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

1.8

2

1.7

2.9

58.3%

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

48.6%

65.9%

42.3%

42.1%

-13.4%

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

$650,083

$717,333

$723,333

$713,462

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 JUL

$785

AUG

$775,000

SEP OCT

MEDIAN SALES PRICE

NOV

$475

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2016

telesproperties.com

Arcadia DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,210,000

$1,220,000

$1,126,000

$1,663,000

37.4%

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

$562

$527

$530

$551

-2.0%

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

43

22

42

32

-25.6%

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

46

29

37

56

21.7%

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

286

185

190

237

-17.1%

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

66

80

66

76

15.2%

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

6.7

8.4

4.5

7.4

11.4%

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

16.1%

15.7%

19.5%

23.6%

46.9%

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

$1,312,292

$1,234,667

$1,302,333

$1,268,154

-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 JUL

$1.210

AUG

$1,663,000

SEP OCT

MEDIAN SALES PRICE

NOV

$551

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.663 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Duarte DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$425,000

$474,000

$495,000

$551,000

29.6%

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

$396

$333

$372

$385

-2.8%

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

7

14

17

13

85.7%

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

17

17

18

19

11.8%

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

38

21

26

29

-23.7%

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

44

76

86

66

50.0%

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

5.4

1.5

1.5

2.2

-58.9%

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

44.7%

81.0%

69.2%

65.5%

46.5%

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

$444,417

$472,167

$498,333

$463,615

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 JUL

$425

AUG

$551,000

SEP OCT

MEDIAN SALES PRICE

NOV

$385

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$551 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Eagle Rock DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$675,000

$675,000

$750,000

$860,000

27.4%

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

$457

$511

$504

$534

16.8%

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

19

11

16

7

-63.2%

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

20

12

26

19

-5.0%

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

34

27

30

30

-11.8%

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

39

46

36

36

-7.7%

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

1.8

2.5

1.9

4.3

139.5%

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

58.8%

44.4%

86.7%

63.3%

7.7%

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

$692,667

$784,500

$807,667

$738,385

6.6%

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

current market snapshot JUL

$675

AUG

$860,000

SEP OCT

MEDIAN SALES PRICE

NOV

$534

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$860 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

La Canada Flintridge DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,435,000

$1,600,000

$1,700,000

$1,647,000

14.8%

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

$596

$593

$634

$624

4.7%

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

29

13

25

24

-17.2%

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

27

14

17

24

-11.1%

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

61

33

59

72

18.0%

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

50

44

55

45

-10.0%

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

2.1

2.5

2.4

3

42.6%

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

44.3%

42.4%

28.8%

33.3%

-24.7%

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

$1,539,252

$1,624,500

$1,629,000

$1,600,154

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 JUL

$1.435

AUG

$1,647,000

SEP OCT

MEDIAN SALES PRICE

NOV

$624

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.647 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Monrovia DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$650,000

$590,000

$652,000

$665,000

2.3%

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

$434

$440

$422

$424

-2.3%

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

26

19

27

23

-11.5%

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

34

19

26

22

-35.3%

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

63

46

51

59

-6.3%

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

38

45

59

37

-2.6%

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

2.4

2.4

1.9

2.6

5.9%

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

54.0%

41.3%

51.0%

37.3%

-30.9%

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

$600,167

$641,000

$645,667

$644,385

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 JUL

$650

AUG

$665,000

SEP OCT

MEDIAN SALES PRICE

NOV

$424

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$665 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Pasadena DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$800,000

$887,000

$851,000

$825,000

3.1%

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

$547

$504

$516

$529

-3.3%

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

97

54

73

106

9.3%

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

101

61

82

103

2.0%

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

193

129

194

217

12.4%

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

58

59

58

47

-19.0%

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

2

2.4

2.7

2

2.9%

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

52.3%

47.3%

42.3%

47.5%

-9.3%

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

$766,833

$836,333

$864,333

$818,538

6.7%

*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 JUL

$800

AUG

$825,000

SEP OCT

MEDIAN SALES PRICE

NOV

$529

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

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

Micro Market Report : July 2016

telesproperties.com

San Gabriel DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$710,000

$738,000

$650,000

$680,000

-4.2%

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

$432

$419

$443

$488

13.0%

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

33

17

26

24

-27.3%

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

25

20

34

16

-36.0%

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

77

48

51

74

-3.9%

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

47

79

72

65

38.3%

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

2.3

2.8

2

3.1

32.1%

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

32.5%

41.7%

66.7%

21.6%

-33.4%

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

$705,958

$733,333

$694,333

$724,923

2.7%

*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 JUL

$710

AUG

$680,000

SEP OCT

MEDIAN SALES PRICE

NOV

$488

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

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

Micro Market Report : July 2016

telesproperties.com

San Marino DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$2,192,000

$1,850,000

$3,125,000

$2,169,000

-1.0%

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

$875

$775

$966

$842

-3.8%

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

8

7

20

10

25.0%

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

15

18

14

11

-26.7%

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

41

37

34

58

41.5%

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

45

73

63

34

-24.4%

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

5.1

5.3

1.7

5.8

13.2%

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

36.6%

48.6%

41.2%

19.0%

-48.2%

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

$2,309,833

$2,372,000

$2,259,333

$2,281,692

-1.2%

*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 JUL

$2.192

AUG

$2,169,000

SEP OCT

MEDIAN SALES PRICE

NOV

$842

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.169 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 : July 2016

telesproperties.com

Sierra Madre DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$962,000

$1,114,000

$988,000

$748,000

-22.2%

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

$512

$503

$520

$529

3.3%

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

18

6

9

8

-55.6%

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

10

7

13

8

-20.0%

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

15

6

20

30

100.0%

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

48

60

47

44

-8.3%

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

0.8

1

2.2

3.8

350.0%

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

66.7%

116.7%

65.0%

26.7%

-60.0%

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

$924,750

$946,000

$808,667

$973,846

5.3%

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

current market snapshot $962

JUL AUG

$748,000

SEP OCT

MEDIAN SALES PRICE

NOV

$529

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

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

Micro Market Report : July 2016

telesproperties.com

South Pasadena DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,225,000

$1,005,000

$1,550,000

$1,269,000

3.6%

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

$667

$470

$637

$602

-9.7%

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

13

7

11

14

7.7%

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

20

9

10

17

-15.0%

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

24

18

20

24

0.0%

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

45

69

46

27

-40.0%

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

1.8

2.6

1.8

1.7

-7.1%

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

83.3%

50.0%

50.0%

70.8%

-15.0%

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

$1,188,899

$1,266,500

$1,344,667

$1,255,231

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 JUL

$1.225

AUG

$1,269,000

SEP OCT

MEDIAN SALES PRICE

NOV

$602

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.269 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Orange County

Orange County Macro

Ladera Ranch

San Clemente

Aliso Viejo

Laguna Beach

San Juan Capistrano

Balboa Peninsula

Laguna Hills

Shady Canyon

Corona del Mar - Spyglass

Laguna Niguel

Turtle Ridge

Coto de Caza

Laguna Woods

Turtle Rock

Crystal Cove

Lower Newport Bay - Balboa Island

West Bay - Santa Ana Heights

Dana Point

Mission Viejo

West Newport - Lido

East Bluff - Harbor View

Nelle Gail

Westminster

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Micro Market Report : July 2016

telesproperties.com

County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : July 2016

telesproperties.com

Orange County DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$715,000

$695,000

$730,000

$730,000

2.1%

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

$415

$423

$420

$453

9.2%

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

2013

1144

1704

1712

-15.0%

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

1866

1248

2068

1781

-4.6%

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

7,603

5,125

6,802

7,778

2.3%

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

56

64

47

53

-5.4%

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

3.8

4.5

4

4.5

20.3%

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

24.5%

24.4%

30.4%

22.9%

-6.7%

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

$682,933

$726,083

$736,667

$712,808

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 JUL

$715

AUG

$730,000

SEP OCT

MEDIAN SALES PRICE

NOV

$453

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$730 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Aliso Viejo DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$769,000

$775,000

$710,000

$780,000

1.4%

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

$370

$379

$379

$387

4.6%

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

29

12

24

29

0.0%

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

27

20

34

21

-22.2%

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

84

62

86

78

-7.1%

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

43

50

41

45

4.7%

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

2.9

5.2

3.6

2.7

-7.1%

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

32.1%

32.3%

39.5%

26.9%

-16.2%

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

$727,125

$755,542

$779,333

$753,981

3.7%

*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 JUL

$769

AUG

$780,000

SEP OCT

MEDIAN SALES PRICE

NOV

$387

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2016

telesproperties.com

Balboa Peninsula DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,962,500

$2,825,000

$4,350,000

$5,127,500

161.3%

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

$1,613

$1,087

$1,754

$1,843

14.3%

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

5

3

3

4

-20.0%

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

8

3

6

5

-37.5%

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

38

31

57

56

47.4%

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

62

71

60

43

-30.6%

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

7.6

10.3

19

14

84.2%

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

21.1%

9.7%

10.5%

8.9%

-57.6%

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

$2,913,708

$4,340,833

$5,659,167

$3,291,731

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 JUL

$1.962

AUG

$5,127,500

SEP OCT

MEDIAN SALES PRICE

NOV

$1,843

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

14 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$5.127 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Corona del Mar - Spyglass DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$2,795,000

$2,595,000

$2,515,000

$3,200,000

14.5%

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

$1,099

$918

$1,072

$1,264

15.0%

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

8

9

10

17

112.5%

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

14

8

18

11

-21.4%

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

108

80

91

89

-17.6%

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

74

138

103

81

9.5%

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

13.5

8.9

9.1

5.2

-61.2%

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

13.0%

10.0%

19.8%

12.4%

-4.7%

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

$2,282,816

$2,954,583

$2,916,667

$2,769,269

21.3%

*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 JUL

$2.795

AUG

$3,200,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,264

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.200 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 : July 2016

telesproperties.com

Coto de Caza DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,100,000

$1,247,500

$954,000

$1,266,250

15.1%

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

$326

$314

$327

$357

9.5%

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

15

11

22

28

86.7%

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

16

17

39

18

12.5%

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

139

97

164

154

10.8%

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

73

90

59

70

-4.1%

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

9.3

8.8

7.5

5.5

-40.6%

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

11.5%

17.5%

23.8%

11.7%

1.5%

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

$1,177,822

$1,170,133

$1,207,917

$1,167,715

-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 JUL

$1.100

AUG

$1,266,250

SEP OCT

MEDIAN SALES PRICE

NOV

$357

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.266 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Crystal Cove DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$5,350,000

$4,000,000

$4,990,000

$9,022,750

68.6%

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

$1,192

$942

$856

$1,216

2.0%

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

8

1

3

1

-87.5%

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

9

0

3

2

-77.8%

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

19

18

23

22

15.8%

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

24

0

74

38

58.3%

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

2.4

18

7.7

22

826.3%

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

47.4%

0.0%

13.0%

9.1%

-80.8%

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

$5,799,694

$7,665,328

$6,711,375

$8,404,013

44.9%

*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 JUL

$5.350

AUG

$9,022,750

SEP OCT

MEDIAN SALES PRICE

NOV

$1,216

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

22 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$9.022 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Dana Point DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,280,000

$910,000

$950,138

$939,000

-26.6%

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

$772

$610

$666

$751

-2.7%

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

39

19

34

25

-35.9%

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

36

16

35

39

8.3%

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

190

135

185

203

6.8%

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

86

96

53

61

-29.1%

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

4.9

7.1

5.4

8.1

66.7%

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

18.9%

11.9%

18.9%

19.2%

1.4%

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

$1,008,907

$1,074,648

$1,000,500

$1,048,976

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 $1.280

JUL AUG

$939,000

SEP OCT

MEDIAN SALES PRICE

NOV

$751

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$939 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

East Bluff - Harbor View DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$1,950,000

$2,047,500

$1,820,000

$2,000,000

2.6%

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

$669

$730

$735

$693

3.6%

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

25

14

27

21

-16.0%

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

20

17

26

21

5.0%

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

103

80

99

124

20.4%

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

61

81

52

70

14.8%

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

4.1

5.7

3.7

5.9

43.3%

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

19.4%

21.2%

26.3%

16.9%

-12.8%

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

$1,771,370

$1,867,083

$1,912,500

$1,850,485

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 JUL

$1.950

AUG

$2,000,000

SEP OCT

MEDIAN SALES PRICE

NOV

$693

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.000 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 : July 2016

telesproperties.com

East Costa Mesa DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$900,000

$988,046

$949,000

$1,067,692

18.6%

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

$540

$687

$601

$572

5.9%

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

17

8

7

18

5.9%

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

20

13

10

22

10.0%

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

62

40

59

64

3.2%

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

58

62

53

82

41.4%

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

3.6

5

8.4

3.6

-2.5%

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

32.3%

32.5%

16.9%

34.4%

6.6%

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

$908,959

$1,010,615

$1,024,231

$989,845

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 JUL

$900

AUG

$1,067,692

SEP OCT

MEDIAN SALES PRICE

NOV

$572

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.067 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Fountain Valley DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$759,000

$674,500

$739,500

$726,500

-4.3%

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

$377

$355

$360

$349

-7.4%

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

45

16

32

34

-24.4%

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

43

19

39

42

-2.3%

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

97

58

72

92

-5.2%

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

37

51

37

43

16.2%

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

2.2

3.6

2.2

2.7

25.5%

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

44.3%

32.8%

54.2%

45.7%

3.0%

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

$699,167

$724,500

$731,833

$723,108

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 JUL

$759

AUG

$726,500

SEP OCT

MEDIAN SALES PRICE

NOV

$349

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$726 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Huntington Beach DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

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

$795,000

$805,000

$805,000

$817,500

2.8%

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

$453

$480

$444

$473

4.4%

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

133

95

115

102

-23.3%

Properties Pending Sale .......................................

126

80

112

101

-19.8%

Properties For Sale ................................................

451

283

385

429

-4.9%

Days on Market (Pending Sale) ...........................

51

49

61

56

9.8%

Month’s Supply of Inventory ................................

3.4

3

3.3

4.2

24.0%

Percent Under Contract ........................................

27.9%

28.3%

29.1%

23.5%

-15.7%

Average Median Price for Last 12 Months ........

$772,250

$812,408

$826,667

$808,462

4.7%

*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 JUL

$795

AUG

$817,500

SEP OCT

MEDIAN SALES PRICE

NOV

$473

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$817 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Irvine DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$987,500

$830,000

$950,000

$1,005,000

1.8%

Average Price per Square Foot ...........................

$479

$456

$441

$489

2.1%

Properties Sold .......................................................

136

81

87

81

-40.4%

Properties Pending Sale .......................................

90

85

110

102

13.3%

Properties For Sale ................................................

497

313

413

529

6.4%

Days on Market (Pending Sale) ...........................

50

76

44

45

-10.0%

Month’s Supply of Inventory ................................

3.7

3.9

4.7

6.5

78.7%

Percent Under Contract ........................................

18.1%

27.2%

26.6%

19.3%

6.5%

Average Median Price for Last 12 Months ........

$940,042

$1,048,671

$1,064,792

$1,001,848

6.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JUL

$987

AUG

$1,005,000

SEP OCT

MEDIAN SALES PRICE

NOV

$489

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.005 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Ladera Ranch DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$856,450

$823,000

$850,000

$942,500

10.0%

Average Price per Square Foot ...........................

$344

$339

$342

$370

7.6%

Properties Sold .......................................................

42

16

46

28

-33.3%

Properties Pending Sale .......................................

25

18

33

23

-8.0%

Properties For Sale ................................................

162

88

118

154

-4.9%

Days on Market (Pending Sale) ...........................

67

54

44

52

-22.4%

Month’s Supply of Inventory ................................

3.9

5.5

2.6

5.5

42.6%

Percent Under Contract ........................................

15.4%

20.5%

28.0%

14.9%

-3.2%

Average Median Price for Last 12 Months ........

$860,592

$854,417

$888,833

$853,523

-0.8%

*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 JUL

$856

AUG

$942,500

SEP OCT

MEDIAN SALES PRICE

NOV

$370

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$942 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Laguna Beach DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$1,675,000

$2,059,000

$1,675,000

$1,845,000

10.1%

Average Price per Square Foot ...........................

$858

$1,024

$986

$1,065

24.1%

Properties Sold .......................................................

37

20

26

34

-8.1%

Properties Pending Sale .......................................

28

16

36

26

-7.1%

Properties For Sale ................................................

279

182

274

304

9.0%

Days on Market (Pending Sale) ...........................

84

152

95

70

-16.7%

Month’s Supply of Inventory ................................

7.5

9.1

10.5

8.9

18.6%

Percent Under Contract ........................................

10.0%

8.8%

13.1%

8.6%

-14.8%

Average Median Price for Last 12 Months ........

$1,874,156

$1,949,167

$1,841,667

$1,959,123

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 JUL

$1.675

AUG

$1,845,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,065

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.845 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Laguna Niguel DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$861,000

$806,500

$915,000

$875,000

1.6%

Average Price per Square Foot ...........................

$375

$400

$409

$425

13.3%

Properties Sold .......................................................

67

30

61

51

-23.9%

Properties Pending Sale .......................................

76

44

74

63

-17.1%

Properties For Sale ................................................

321

185

265

340

5.9%

Days on Market (Pending Sale) ...........................

67

68

47

47

-29.9%

Month’s Supply of Inventory ................................

4.8

6.2

4.3

6.7

39.1%

Percent Under Contract ........................................

23.7%

23.8%

27.9%

18.5%

-21.7%

Average Median Price for Last 12 Months ........

$828,083

$873,667

$874,000

$861,558

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 JUL

$861

AUG

$875,000

SEP OCT

MEDIAN SALES PRICE

NOV

$425

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2016

telesproperties.com

Laguna Hills DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$747,000

$707,500

$717,500

$774,500

3.7%

Average Price per Square Foot ...........................

$367

$389

$354

$367

0.0%

Properties Sold .......................................................

23

16

25

25

8.7%

Properties Pending Sale .......................................

34

17

25

22

-35.3%

Properties For Sale ................................................

148

94

116

125

-15.5%

Days on Market (Pending Sale) ...........................

56

74

61

65

16.1%

Month’s Supply of Inventory ................................

6.4

5.9

4.6

5

-22.3%

Percent Under Contract ........................................

23.0%

18.1%

21.6%

17.6%

-23.4%

Average Median Price for Last 12 Months ........

$777,438

$811,917

$866,333

$805,845

3.7%

*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 JUL

$747

AUG

$774,500

SEP OCT

MEDIAN SALES PRICE

NOV

$367

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$774 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Laguna Woods DATA*

Jul 2015

6 month

3 month

Jul 2016

% 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 ................................................

0

1

0

0

n/a

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 ........................................

n/a

0.0%

n/a

n/a

n/a

Average Median Price for Last 12 Months ........

$221,250

$779,500

$910,000

$785,667

255.1%

*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 JUL AUG

No sales

SEP OCT

MEDIAN SALES PRICE

NOV

No sales

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

n/a MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Lower Newport Bay - Balboa Island DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$5,387,500

$4,202,500

$3,125,000

$3,950,000

-26.7%

Average Price per Square Foot ...........................

$1,394

$1,346

$1,306

$1,451

4.1%

Properties Sold .......................................................

4

6

5

5

25.0%

Properties Pending Sale .......................................

5

4

4

3

-40.0%

Properties For Sale ................................................

36

27

28

39

8.3%

Days on Market (Pending Sale) ...........................

90

157

176

105

16.7%

Month’s Supply of Inventory ................................

9

4.5

5.6

7.8

-13.3%

Percent Under Contract ........................................

13.9%

14.8%

14.3%

7.7%

-44.6%

Average Median Price for Last 12 Months ........

$3,306,782

$2,891,667

$3,125,000

$3,348,346

1.3%

*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 $5.387

JUL AUG

$3,950,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,451

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Mission Viejo DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$673,750

$697,000

$670,000

$685,000

1.7%

Average Price per Square Foot ...........................

$342

$349

$351

$362

5.8%

Properties Sold .......................................................

107

66

80

105

-1.9%

Properties Pending Sale .......................................

102

54

113

97

-4.9%

Properties For Sale ................................................

346

201

284

338

-2.3%

Days on Market (Pending Sale) ...........................

56

56

40

51

-8.9%

Month’s Supply of Inventory ................................

3.2

3

3.6

3.2

-0.5%

Percent Under Contract ........................................

29.5%

26.9%

39.8%

28.7%

-2.7%

Average Median Price for Last 12 Months ........

$647,596

$675,167

$688,333

$671,665

3.7%

*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 JUL

$673

AUG

$685,000

SEP OCT

MEDIAN SALES PRICE

NOV

$362

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$685 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Monarch Beach DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$1,703,500

$1,520,500

$2,250,000

$2,150,000

26.2%

Average Price per Square Foot ...........................

$914

$992

$965

$1,277

39.7%

Properties Sold .......................................................

18

8

11

7

-61.1%

Properties Pending Sale .......................................

14

6

12

14

0.0%

Properties For Sale ................................................

83

70

92

91

9.6%

Days on Market (Pending Sale) ...........................

68

94

48

71

4.4%

Month’s Supply of Inventory ................................

4.6

8.7

8.4

13

181.9%

Percent Under Contract ........................................

16.9%

8.6%

13.0%

15.4%

-8.8%

Average Median Price for Last 12 Months ........

$1,360,313

$1,727,188

$1,648,333

$1,781,317

30.9%

*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 JUL

$1.703

AUG

$2,150,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,277

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

13 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Nelle Gail DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$762,000

$707,500

$717,500

$787,200

3.3%

Average Price per Square Foot ...........................

$367

$391

$353

$366

-0.3%

Properties Sold .......................................................

22

16

23

24

9.1%

Properties Pending Sale .......................................

33

17

25

20

-39.4%

Properties For Sale ................................................

145

93

115

119

-17.9%

Days on Market (Pending Sale) ...........................

56

74

61

66

17.9%

Month’s Supply of Inventory ................................

6.6

5.8

5

5

-24.8%

Percent Under Contract ........................................

22.8%

18.3%

21.7%

16.8%

-26.2%

Average Median Price for Last 12 Months ........

$792,633

$814,033

$870,567

$812,399

2.5%

*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 JUL

$762

AUG

$787,200

SEP OCT

MEDIAN SALES PRICE

NOV

$366

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$787 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Newport Beach DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$1,946,250

$2,095,000

$1,925,000

$2,000,000

2.8%

Average Price per Square Foot ...........................

$826

$814

$862

$931

12.7%

Properties Sold .......................................................

63

41

62

67

6.3%

Properties Pending Sale .......................................

65

45

57

58

-10.8%

Properties For Sale ................................................

358

256

353

410

14.5%

Days on Market (Pending Sale) ...........................

93

84

70

69

-25.8%

Month’s Supply of Inventory ................................

5.7

6.2

5.7

6.1

7.7%

Percent Under Contract ........................................

18.2%

17.6%

16.1%

14.1%

-22.1%

Average Median Price for Last 12 Months ........

$1,852,297

$1,992,550

$2,028,433

$1,961,273

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 JUL

$1.946

AUG

$2,000,000

SEP OCT

MEDIAN SALES PRICE

NOV

$931

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.000 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 : July 2016

telesproperties.com

Newport Coast DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$2,517,500

$2,390,000

$2,350,000

$2,725,000

8.2%

Average Price per Square Foot ...........................

$1,084

$786

$722

$974

-10.1%

Properties Sold .......................................................

8

4

14

12

50.0%

Properties Pending Sale .......................................

9

10

17

17

88.9%

Properties For Sale ................................................

99

91

113

121

22.2%

Days on Market (Pending Sale) ...........................

154

94

68

88

-42.9%

Month’s Supply of Inventory ................................

12.4

22.8

8.1

10.1

-18.5%

Percent Under Contract ........................................

9.1%

11.0%

15.0%

14.0%

54.5%

Average Median Price for Last 12 Months ........

$3,283,069

$2,569,583

$2,778,333

$2,839,197

-13.5%

*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 JUL

$2.517

AUG

$2,725,000

SEP OCT

MEDIAN SALES PRICE

NOV

$974

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

10.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Newport Heights DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$1,465,000

$1,500,000

$1,354,500

$1,562,500

6.7%

Average Price per Square Foot ...........................

$560

$766

$713

$804

43.6%

Properties Sold .......................................................

6

5

4

8

33.3%

Properties Pending Sale .......................................

3

3

2

6

100.0%

Properties For Sale ................................................

33

20

42

56

69.7%

Days on Market (Pending Sale) ...........................

54

120

48

36

-33.3%

Month’s Supply of Inventory ................................

5.5

4

10.5

7

27.3%

Percent Under Contract ........................................

9.1%

15.0%

4.8%

10.7%

17.9%

Average Median Price for Last 12 Months ........

$1,764,637

$1,602,400

$1,806,250

$1,504,958

-14.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JUL

$1.465

AUG

$1,562,500

SEP OCT

MEDIAN SALES PRICE

NOV

$804

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.562 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : July 2016

telesproperties.com

Rancho Santa Margarita DATA*

Jul 2015

6 month

3 month

Jul 2016

% change

Median Price ..........................................................

$685,000

$741,250

$765,000

$730,000

6.6%

Average Price per Square Foot ...........................

$319

$320

$314

$334