deasy penner podley Q3 2019 Market Analysis Report

Page 1

Market Report Q3 2019


Your Guide to

Market Performance & Analysis


Los Angeles County :: Market Snapshot Single Family Homes

Condominium Homes

Data*

Q3 2019

Q3 2018 % Change

Data*

Q3 2019

Q3 2018 % Change

Median Price

$687,000

$670,000

2.54%

Median Price

$515,000

$515,000

0.00%

Avg. Price / Sq. Ft.

$488

$489

-0.34%

Avg. Price / Sq. Ft.

$482

$479

0.63%

Properties Sold

12,989

12,594

3.14%

Properties Sold

4,262

4,446

-4.14%

Days on Market

44

40

10.00%

Days on Market

44

36

22.22%

Median Price

Median Price

$687,000

$515,000

vs Q3 2018

3%

$670,000

Days On The Market

0%

$515,000

Properties Sold

44

40

Q3 2019

Q3 2018

DAYS

vs Q3 2018

4,262

4,446

Q3 2019

Q3 2018

DAYS

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Los Angeles Area

Single Family Homes Q3 2019 NEIGHBORHOOD Baldwin Hills

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

4

$984,500

$536

Beverly Hills

41

$6,150,000

$1,499

Beverly Hills PO

33

$2,835,000

$907

Beverlywood

48

$1,469,500

$843

Beverly Center - Miracle

56

$1,650,000

$815

Brentwood

57

$3,440,000

$1,066

Cheviot Hills - Rancho Park

17

$1,775,000

$898

Culver City

76

$1,345,000

$874

Downtown LA

30

$470,000

$430

Hancock Park - Wilshire

70

$1,770,000

$751

Hollywood

21

$1,120,000

$670

Hollywood Hills East

28

$1,375,500

$704

Ladera Heights

16

$1,179,000

$510

2

$639,000

$486

Los Feliz

44

$1,549,000

$831

Mid - Los Angeles

115

$840,000

$589

Silver Lake - Echo Park

79

$1,220,000

$795

Studio City

88

$1,497,250

$710

106

$2,042,500

$868

5

$865,000

$458

Westwood - Century City

40

$2,284,000

$936

West Hollywood

27

$1,880,000

$1,136

West LA

24

$1,327,500

$804

1,027

$1,726,424

$788

Leimert Park

Sunset Strip - HH West View Park

TOTAL/AVERAGE


Condominium Homes Q3 2019 NEIGHBORHOOD Baldwin Hills Beverly Hills

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

1

$515,000

$515

15

$1,450,000

$737

NA

NA

NA

Beverlywood

10

$996,000

$632

Beverly Center - Miracle

28

$817,000

$689

Beverly Hills PO

Brentwood

55

$1,100,000

$680

Cheviot Hills - Rancho Park

NA

NA

NA

Culver City

46

$687,000

$608

Downtown LA

90

$602,500

$664

Hancock Park - Wilshire

44

$617,500

$571

Hollywood

32

$767,500

$643

Hollywood Hills East

10

$503,500

$549

Ladera Heights

3

$625,000

$409

NA

NA

NA

10

$638,625

$630

4

$665,500

$512

Silver Lake - Echo Park

21

$850,999

$661

Studio City

53

$718,000

$501

Sunset Strip - HH West

30

$665,000

$1,021

View Park

NA

NA

NA

Westwood - Century City

Leimert Park Los Feliz Mid - Los Angeles

135

$925,000

$713

West Hollywood

111

$800,000

$725

West LA

47

$900,000

$650

745

$781,270

$637

TOTAL/AVERAGE

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Los Angeles Area

Median Price

Q3 2019 — Q3 2018

Single Family Homes 2018

2019

Baldwin Hills Beverly Hills

Beverly Hills PO Beverlywood Beverly Center - Miracle Brentwood Cheviot Hills - Rancho Park Culver City Downtown LA Hancock Park - Wilshire Hollywood Hollywood Hills East Ladera Heights Leimert Park Los Feliz Mid - Los Angeles Silver Lake - Echo Park Studio City Sunset Strip - HH West View Park Westwood - Century City West Hollywood West LA

0

1750000 $1.75M

3500000 $3.5M

5250000 $5.25M

7000000 $7M


Median Price

Q3 2019 — Q3 2018

Condominium Homes 2018

2019

Baldwin Hills Beverly Hills

Beverly Hills PO Beverlywood Beverly Center - Miracle Brentwood Cheviot Hills - Rancho Park Culver City Downtown LA Hancock Park - Wilshire Hollywood Hollywood Hills East Ladera Heights Leimert Park Los Feliz Mid - Los Angeles Silver Lake - Echo Park Studio City Sunset Strip - HH West View Park Westwood - Century City West Hollywood West LA

0

$375,000.00 $375K

$750,000.00 $750K

$1,125,000.00 $1.25M

$1,500,000.00 $1.5M

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Neighborhood Spotlight Hollywood Hills Mid-century modernism is where it’s at in the nature-filled Hollywood Hills, where you’ll find Frank Lloyd Wright’s Storer House, Richard Neutra’s Linn House, John Lautner’s Chemosphere, and a flurry of newer designs from contemporary architects such as XTEN, SPF Architects, and Marmol Radziner. Thanks to its perch high atop the city and central location to the major studios, the hillside neighborhood is home to countless celebrities and industry execs. The Hollywood Hills contains several neighborhoods: Beachwood Canyon, Cahuenga Pass, Franklin Village, Hollywood Heights, Hollywoodland, Outpost Estates, and Whitley Heights. To get a feel for the area, attend a screening at the American Film Institute’s AFI Fest, take in a concert at the Ford Amphitheater, and hike Runyon Canyon—a 13-acre park filled with wild chaparral and drought-resistant evergreen trees— for jetliner views and insanely good people watching.


Neighborhood Press :: LA Times Maroon 5 Guitarist James B. Valentine Lists Mid-Century Stunner In Los Feliz Maroon 5 lead guitarist James B. Valentine has listed his Los Feliz home for sale at $3.785 million. Built in 1960, the striking Midcentury Modern-style house is known as the Steel House for its steel construction and cantilevered wing. Architect Neil A. Johnson drew inspiration from the postwar Arts & Architecture Case Study House program when designing the residence. A recent restoration by Mark Haddawy has brought it back to its original form. Set on a knoll with city-light views, the single-story home epitomizes cool California modernism with its clean lines, overhanging eaves and walls of glass. Some 2,100 square feet of interior features Terrazzo floors, beamed ceilings and an open floor plan.

View more on our website

HomeAsArt.com


Market Performance By Neighborhood Los Angeles Area Baldwin Hills SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$984,500 $536 4 45

NA NA NA NA

NA NA NA NA

Q3 2019

Q3 2018

% CHANGE

$515,000 $515 1 14

NA NA NA NA

NA NA NA NA

Q3 2019

Q3 2018

% CHANGE

$6,150,000 $1,499 41 97

$5,878,000 $1,435 36 68

4.63% 4.49% 13.89% 42.65%

Q3 2019

Q3 2018

% CHANGE

$1,450,000 $737 15 71

$1,288,000 $867 22 44

12.58% -15.02% -31.82% 61.36%

Q3 2019

Q3 2018

% CHANGE

$2,835,000 $907 33 85

$2,900,000 $958 43 87

-2.24% -5.32% -23.26% -2.30%

Q3 2019

Q3 2018

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Beverly Hills SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Beverly Hills PO SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Beverlywood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$1,469,500 $843 48 73

$1,547,500 $812 50 44

-5.04% 3.81% -4.00% 65.91%

Q3 2019

Q3 2018

% CHANGE

$996,000 $632 10 62

$715,000 $639 12 41

39.30% -1.10% -16.67% 51.22%

Q3 2019

Q3 2018

% CHANGE

$1,650,000 $815 56 46

$1,707,500 $838 50 52

-3.37% -2.73% 12.00% -11.54%

Q3 2019

Q3 2018

% CHANGE

$817,000 $689 28 46

$807,500 $738 24 38

1.18% -6.62% 16.67% 21.05%

Q3 2019

Q3 2018

% CHANGE

$3,440,000 $1,066 57 79

$2,910,000 $1,125 77 62

18.21% -5.21% -25.97% 27.42%

Q3 2019

Q3 2018

% CHANGE

$1,100,000 $680 55 43

$1,054,250 $688 56 42

4.34% -1.12% -1.79% 2.38%

Beverly Center :: Miracle SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Brentwood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood Los Angeles Area Cheviot Hills :: Rancho Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO

Q3 2019

Q3 2018

% CHANGE

$1,775,000 $898 17 65

$2,200,000 $841 29 36

-19.32% 6.82% -41.38% 80.56%

Q3 2019

Q3 2018

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q3 2019

Q3 2018

% CHANGE

$1,345,000 $874 76 34

$1,290,125 $934 70 33

4.25% -6.45% 8.57% 3.03%

Q3 2019

Q3 2018

% CHANGE

$687,000 $608 46 31

$615,000 $586 51 24

11.71% 3.73% -9.80% 29.17%

Q3 2019

Q3 2018

% CHANGE

$470,000 $430 30 33

$395,000 $389 22 33

18.99% 10.39% 36.36% 0.00%

Q3 2019

Q3 2018

% CHANGE

$602,500 $664 90 72

$682,500 $698 108 61

-11.72% -4.83% -16.67% 18.03%

Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Culver City SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Downtown Los Angeles SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Hancock Park :: Wilshire SFR

Q3 2019

Q3 2018

% CHANGE

$1,770,000 $751 70 55

$1,868,000 $830 68 39

-5.25% -9.48% 2.94% 41.03%

CONDO

Q3 2019

Q3 2018

% CHANGE

Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

$617,500 $571 44 58

$677,000 $561 40 36

-8.79% 1.76% 10.00% 61.11%

Q3 2019

Q3 2018

% CHANGE

$1,120,000 $670 21 63

$1,100,000 $724 25 45

1.82% -7.40% -16.00% 40.00%

Q3 2019

Q3 2018

% CHANGE

$767,500 $643 32 59

$662,000 $596 32 47

15.94% 7.96% 0.00% 25.53%

Q3 2019

Q3 2018

% CHANGE

$1,375,500 $704 28 46

$1,428,000 $713 38 51

-3.68% -1.19% -26.32% -9.80%

Q3 2019

Q3 2018

% CHANGE

$503,500 $549 10 62

$552,000 $538 13 36

-8.79% 1.95% -23.08% 72.22%

Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Hollywood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Hollywood Hills East SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood Los Angeles Area Ladera Heights SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$1,179,000 $510 16 47

$1,375,882 $476 6 28

-14.31% 7.22% 166.67% 67.86%

Q3 2019

Q3 2018

% CHANGE

$625,000 $409 3 43

$566,000 $420 7 40

10.42% -2.63% -57.14% 7.50%

Q3 2019

Q3 2018

% CHANGE

$639,000 $486 2 17

$730,000 $464 1 17

-12.47% 4.62% 100.00% 0.00%

Q3 2019

Q3 2018

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q3 2019

Q3 2018

% CHANGE

$1,549,000 $831 44 52

$1,850,000 $855 41 41

-16.27% -2.80% 7.32% 26.83%

Q3 2019

Q3 2018

% CHANGE

$638,625 $630 10 45

$600,000 $603 11 44

6.44% 4.53% -9.09% 2.27%

Leimert Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Los Feliz SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Mid Los Angeles SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$840,000 $589 115 41

$869,700 $569 91 31

-3.41% 3.47% 26.37% 32.26%

Q3 2019

Q3 2018

% CHANGE

$665,500 $512 4 21

$655,500 $511 2 13

1.53% 0.11% 100.00% 61.54%

Q3 2019

Q3 2018

% CHANGE

$1,220,000 $795 79 50

$1,040,890 $751 98 43

17.21% 5.84% -19.39% 16.28%

Q3 2019

Q3 2018

% CHANGE

$850,999 $661 21 32

$755,000 $568 21 30

12.72% 16.41% 0.00% 6.67%

Q3 2019

Q3 2018

% CHANGE

$1,497,250 $710 88 56

$1,549,500 $724 94 55

-3.37% -2.01% -6.38% 1.82%

Q3 2019

Q3 2018

% CHANGE

$718,000 $501 53 47

$675,000 $490 45 38

6.37% 2.23% 17.78% 23.68%

Silver Lake :: Echo Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Studio City SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood Los Angeles Area Sunset Strip :: HH West SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$2,042,500 $868 106 70

$2,000,000 $917 109 74

2.13% -5.40% -2.75% -5.41%

Q3 2019

Q3 2018

% CHANGE

$665,000 $1,021 30 60

$632,500 $747 24 41

5.14% 36.61% 25.00% 46.34%

Q3 2019

Q3 2018

% CHANGE

$865,000 $458 5 25

$1,096,500 $487 8 40

-21.11% -5.83% -37.50% -37.50%

Q3 2019

Q3 2018

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q3 2019

Q3 2018

% CHANGE

$2,284,000 $936 40 45

$2,133,042 $971 34 59

7.08% -3.60% 17.65% -23.73%

Q3 2019

Q3 2018

% CHANGE

$925,000 $713 135 49

$928,750 $730 134 43

-0.40% -2.36% 0.75% 13.95%

View Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Westwood :: Century City SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


West Hollywood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$1,880,000 $1,136 27 48

$1,763,050 $954 31 37

6.63% 19.07% -12.90% 29.73%

Q3 2019

Q3 2018

% CHANGE

$800,000 $725 111 52

$798,500 $739 100 41

0.19% -1.84% 11.00% 26.83%

Q3 2019

Q3 2018

% CHANGE

$1,327,500 $804 24 53

$1,480,500 $877 32 33

-10.33% -8.32% -25.00% 60.61%

Q3 2019

Q3 2018

% CHANGE

$900,000 $650 47 35

$862,500 $664 42 31

4.35% -2.12% 11.90% 12.90%

West Los Angeles SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Westside Area

Single Family Homes Q3 2019 NEIGHBORHOOD

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

8

$12,071,250

$3,629

Malibu

25

$2,400,000

$938

Marina Del Rey

22

$1,440,000

$986

Pacific Palisades

68

$3,275,000

$1,171

Palms – Mar Vista

83

$1,604,050

$918

Malibu Beach

Playa Vista

7

$2,918,000

$836

Santa Monica

49

$2,960,000

$1,281

Venice

50

$1,990,000

$1,185

TOTAL/AVERAGE

312

$3,582,288

$1,368


Condominium Homes Q3 2019 NEIGHBORHOOD

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

6

$1,040,000

$1,449

Malibu

12

$1,017,000

$582

Marina Del Rey

77

$995,000

$704

Pacific Palisades

20

$1,060,000

$762

Palms – Mar Vista

26

$781,000

$631

Playa Vista

32

$1,092,200

$710

Santa Monica

99

$1,175,850

$959

5

$1,320,000

$914

277

$1,060,131

$839

Malibu Beach

Venice TOTAL/AVERAGE

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Westside Area

Properties Sold Q3 2019

Single Family Homes

Malibu Beach Venice 50

Malibu Beach 8 Malibu 25

8 Malibu Marina Del Rey 22

Venice 50

25

Marina Del Rey 22

Santa Monica Santa Monica 49

49

Pacific Palisades PaciďŹ c Palisades 68

Playa Vista 7

Playa Vista 7

Palms | Mar Vista 83

Palms – Mar Vista 83

68


Properties Sold Q3 2019

Malibu Beach 6

Venice

Venice 5

5

Condominium Homes

Malibu Beach 6

Malibu 12

Malibu 12

Santa Monica 99

Marina Del Rey 77

Santa Monica

Marina Del Rey

99

77

Pacific Palisades

Pacific Palisades 20

Playa Vista 32

Playa Vista 32

Palms – Mar Vista 26 Palms

20

| Mar Vista 26

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Neighborhood Spotlight Marina Del Rey The small, affluent community of Marina del Rey, which is gaining popularity thanks to spillover from Silicon Beach, is home to around 9,000 people and 6,500 boats. The world’s largest manmade small craft harbor features 19 marinas and the New England-style Fisherman’s Village, which hosts live music, fishing, harbor cruises, and boat rentals. From architectural, eco-friendly lofts and ocean view penthouses to Mid-Century Modern homes and new constructions, there’s a bit of something for everyone. As a bonus, architecture firms such as KAA Design Group, SFJones Architects, and Sorenson Architects are all headquartered here. You’ll find local residents enjoying a sunset cocktail at the California Yacht Club, taking in the Summer Concert Series at Chace Park, and biking around the Ballona Wetlands—that is when they aren’t on the water.


Neighborhood Press :: LA Times ‘Captain Marvel’ Star Brie Larson Sells Midcentury Home In Laurel Canyon “Captain Marvel” star Brie Larson has bid farewell to the Hollywood Hills, selling her home in the Laurel Canyon area for $2.17 million, records show. It’ll chalk up as a loss for the Oscarwinning actress. Records show she bought the place in a trust more than that three years ago for $2.09 million. Flanked by lush landscaping and a small stream, the hillside home packs three bedrooms and three bathrooms into just under 3,000 square feet. Skylights punctuate rich beamed ceilings in the open living spaces, which flaunt clerestories, custom built-ins and floor-toceiling walls of glass. Just about every common room connects to a central courtyard with a turf dining area. There’s a doubleheight living room, a family room with a fireplace, a chandeliertopped dining area and a chic kitchen with custom cabinetry and a split-level island. The master suite spans the entire backside of the home, opening to a remodeled bathroom, a spacious closet and a secluded outdoor spa. Larson, 29, starred in the films “Short Term 12” and “The Spectacular Now” before winning the Academy Award for lead actress for her role in 2015’s “Room.” Her big-budget projects since then include “Kong: Skull Island,” “Captain Marvel” and “Avengers: Endgame.”

View more on our website

HomeAsArt.com


Market Performance By Neighborhood Westside Area Malibu Beach SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$12,071,250 $3,629 8 112

$4,387,500 $2,048 12 160

175.13% 77.17% -33.33% -30.00%

Q3 2019

Q3 2018

% CHANGE

$1,040,000 $1,449 6 59

$1,285,000 $1,531 7 84

-19.07% -5.31% -14.29% -29.76%

Q3 2019

Q3 2018

% CHANGE

$2,400,000 $938 25 109

$2,555,000 $1,123 52 85

-6.07% -16.44% -51.92% 28.24%

Q3 2019

Q3 2018

% CHANGE

$1,017,000 $582 12 79

$1,238,287 $862 8 78

-17.87% -32.47% 50.00% 1.28%

Q3 2019

Q3 2018

% CHANGE

$1,440,000 $986 22 57

$1,410,000 $978 18 33

2.13% 0.78% 22.22% 72.73%

Q3 2019

Q3 2018

% CHANGE

$995,000 $704 77 40

$1,075,000 $730 81 44

-7.44% -3.60% -4.94% -9.09%

Malibu SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Marina Del Rey SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Pacific Palisades SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$3,275,000 $1,171 68 51

$3,109,000 $1,203 54 49

5.34% -2.66% 25.93% 4.08%

Q3 2019

Q3 2018

% CHANGE

$1,060,000 $762 20 32

$1,217,500 $729 14 48

-12.94% 4.39% 42.86% -33.33%

Q3 2019

Q3 2018

% CHANGE

$1,604,050 $918 83 35

$1,658,000 $893 82 33

-3.25% 2.79% 1.22% 6.06%

Q3 2019

Q3 2018

% CHANGE

$781,000 $631 26 39

$772,500 $653 26 25

1.10% -3.37% 0.00% 56.00%

Q3 2019

Q3 2018

% CHANGE

$2,918,000 $836 7 52

$2,240,000 $795 4 13

30.27% 5.14% 75.00% 300.00%

Q3 2019

Q3 2018

% CHANGE

$1,092,200 $710 32 35

$1,058,500 $726 32 33

3.18% -2.23% 0.00% 6.06%

Palms :: Mar Vista SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Playa Vista SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood Westside Area Santa Monica SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$2,960,000 $1,281 49 56

$2,872,500 $1,304 50 45

3.05% -1.78% -2.00% 24.44%

Q3 2019

Q3 2018

% CHANGE

$1,175,850 $959 99 50

$1,150,000 $946 96 39

2.25% 1.35% 3.13% 28.21%

Q3 2019

Q3 2018

% CHANGE

$1,990,000 $1,185 50 49

$2,160,000 $1,435 56 60

-7.87% -17.43% -10.71% -18.33%

Q3 2019

Q3 2018

% CHANGE

$1,320,000 $914 5 49

$1,847,000 $1,051 8 66

-28.53% -12.97% -37.50% -25.76%

Venice SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood San Gabriel Valley Area

Single Family Homes Q3 2019 NEIGHBORHOOD

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

69

$702,000

$510

Arcadia

103

$1,200,000

$534

Altadena

106

$950,000

$580

Bradbury

3

$2,750,000

$864

82

$735,000

$367

Duarte

35

$530,000

$427

Eagle Rock

60

$922,234

$628

Glendora

126

$694,500

$399

92

$837,500

$640

Alhambra

Claremont

Highland Park La Crescenta / Glendale

102

$885,000

$597

La Cañada Flintridge

64

$1,767,500

$670

La Verne

73

$687,500

$374

Monrovia

66

$763,000

$515

Mount Washington

44

$909,500

$663

Pasadena NE

128

$933,000

$569

Pasadena NW

56

$773,500

$617

Pasadena SE

46

$1,147,000

$666

Pasadena SW

26

$1,457,500

$694

Rosemead / S. San Gabriel

31

$621,500

$482

San Dimas

55

$655,000

$390

San Gabriel

70

$823,400

$490

San Marino

34

$1,918,944

$825

Sierra Madre

25

$954,000

$590

South Pasadena

28

$1,200,000

$747

Sunland / Tujunga

99

$669,000

$487

TOTAL/AVERAGE

1,623

$1,019,463

$573


Condominium Homes Q3 2019 NEIGHBORHOOD Alhambra Arcadia

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

31

$510,000

$444

48

$679,500

$455

Altadena

1

$550,000

$435

Bradbury

NA

NA

NA

17

$419,000

$338

Claremont Duarte Eagle Rock Glendora Highland Park La Crescenta / Glendale La Cañada Flintridge La Verne Monrovia

11

$397,000

$355

NA

NA

NA

15

$475,000

$301

7

$387,000

$535

25

$615,000

$459

2

$914,500

$498

10

$299,500

$371

21

$490,000

$423

NA

NA

NA

Pasadena NE

12

$522,500

$471

Pasadena NW

11

$670,000

$531

Pasadena SE

79

$560,000

$564

Pasadena SW

27

$849,000

$613

9

$715,595

$386

20

$432,500

$333

San Gabriel

17

$550,000

$403

San Marino

NA

NA

NA

5

$685,000

$478

South Pasadena

12

$890,000

$586

Sunland / Tujunga

9

$425,000

$397

TOTAL/AVERAGE

389

$573,147

$446

Mount Washington

Rosemead / S. San Gabriel San Dimas

Sierra Madre

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Sunland / Tujunga

South Pasadena

Sierra Madre

San Marino

San Gabriel

San Dimas

Rosemead / S. San Gabriel

Q3 2019

Pasadena SW

Median Price

Pasadena SE

Pasadena NW

Pasadena NE

Mount Washington

Monrovia

La Verne

La CaĂąada Flintridge

La Crescenta / Glendale

Highland Park

Glendora

Eagle Rock

Duarte

Claremont

Bradbury

Altadena

Arcadia

Alhambra

Explore Your Neighborhood

San Gabriel Valley Area

Single Family Homes

3,000,000

$3M

$2.25M 2,250,000

1,500,000 $1.5M

$750K 750,000

0


Sunland / Tujunga

South Pasadena

Sierra Madre

San Marino

San Gabriel

San Dimas

Rosemead / S. San Gabriel

Pasadena SW

Pasadena SE

Pasadena NW

Pasadena NE

Mount Washington

Monrovia

La Verne

La CaĂąada Flintridge

La Crescenta / Glendale

Highland Park

Eagle Rock

Duarte

Q3 2019

Claremont

Bradbury

Altadena

Arcadia

Alhambra

Median Price

Condominium Homes

$1M

$750K

$500K

$250K

0

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Neighborhood Spotlight Glendale Walkable, eco-conscious, and vibrant, Glendale is L.A. County’s fourth largest city with a population of more than 200,000, but is consistently ranked as one of the safest mid-size cities in the country. Residents love its 50 public parks, world-class shopping at the open-air Americana at Brand (Barneys New York, Crewcuts, and Tory Burch to name a few), and some of the best Armenian food this side of Yerevan at Carousel Restaurant. Situated 10 miles north of Downtown L.A., Glendale sits at the eastern end of the San Fernando Valley and is bisected by the rugged Verdugo Mountains. Take in a screening at the historic Art Deco Alex Theatre and enjoy a lineup of diverse free concerts (sax quartets, surf rock, and Yiddish vaudeville, anyone?) on the Brand Library Plaza each summer.


Neighborhood Press :: LA Times Home Of The Week: In Pasadena, Coaxing A 1920S Gem Into The Present Set in the historic Prospect Park area of Pasadena, this Andalusian Spanish-style bungalow has come full circle after a recent restoration and renovation by Jeffrey Botwin and Philip Howlett of Herringbone Design. To execute their vision, which involved bringing the 1920s residence into the present, the designers removed solid walls and added French doors to create a sense of continuity and flow throughout the single-story floor plan. A pop-up tray ceiling was introduced to the living room to add light and volume to the space. Outside, a trio of courtyards serve as a series of exterior rooms.

View more on our website

HomeAsArt.com


Market Performance By Neighborhood San Gabriel Valley Area Alhambra SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$702,000 $510 69 34

$766,650 $489 53 32

-8.43% 4.33% 30.19% 6.25%

Q3 2019

Q3 2018

% CHANGE

$510,000 $444 31 31

$560,000 $434 47 23

-8.93% 2.41% -34.04% 34.78%

Q3 2019

Q3 2018

% CHANGE

$1,200,000 $534 103 70

$1,280,000 $586 110 49

-6.25% -8.95% -6.36% 42.86%

Q3 2019

Q3 2018

% CHANGE

$679,500 $455 48 38

$704,950 $452 40 35

-3.61% 0.56% 20.00% 8.57%

Q3 2019

Q3 2018

% CHANGE

$950,000 $580 106 41

$845,000 $544 103 43

12.43% 6.65% 2.91% -4.65%

Q3 2019

Q3 2018

% CHANGE

$550,000 $435 1 43

$385,000 $582 2 30

42.86% -25.35% -50.00% 43.33%

Arcadia SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Altadena SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Bradbury SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$2,750,000 $864 3 84

$1,467,500 $661 8 84

87.39% 30.72% -62.50% 0.00%

Q3 2019

Q3 2018

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q3 2019

Q3 2018

% CHANGE

$735,000 $367 82 51

$740,000 $369 73 48

-0.68% -0.39% 12.33% 6.25%

Q3 2019

Q3 2018

% CHANGE

$419,000 $338 17 41

$484,990 $336 19 47

-13.61% 0.48% -10.53% -12.77%

Q3 2019

Q3 2018

% CHANGE

$530,000 $427 35 35

$589,000 $429 49 32

-10.02% -0.44% -28.57% 9.38%

Q3 2019

Q3 2018

% CHANGE

$397,000 $355 11 41

$395,000 $332 8 33

0.51% 6.71% 37.50% 24.24%

Claremont SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Duarte SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood San Gabriel Valley Area Eagle Rock SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$922,234 $628 60 42

$915,000 $634 47 28

0.79% -1.06% 27.66% 50.00%

Q3 2019

Q3 2018

% CHANGE

NA NA NA NA

$390,000 $429 1 211

NA NA NA NA

Q3 2019

Q3 2018

% CHANGE

$694,500 $399 126 45

$655,000 $396 124 35

6.03% 0.73% 1.61% 28.57%

Q3 2019

Q3 2018

% CHANGE

$475,000 $301 15 30

$480,250 $339 30 40

-1.09% -11.20% -50.00% -25.00%

Q3 2019

Q3 2018

% CHANGE

$837,500 $640 92 46

$877,000 $655 95 36

-4.50% -2.19% -3.16% 27.78%

Q3 2019

Q3 2018

% CHANGE

$387,000 $535 7 47

$527,500 $502 14 46

-26.64% 6.53% -50.00% 2.17%

Glendora SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Highland Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


La Crescenta :: Glendale :: Montrose SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$885,000 $597 102 39

$885,000 $565 103 34

0.00% 5.68% -0.97% 14.71%

Q3 2019

Q3 2018

% CHANGE

$615,000 $459 25 41

$563,500 $447 14 31

9.14% 2.67% 78.57% 32.26%

Q3 2019

Q3 2018

% CHANGE

$1,767,500 $670 64 57

$1,747,500 $702 56 52

1.14% -4.52% 14.29% 9.62%

Q3 2019

Q3 2018

% CHANGE

$914,500 $498 2 64

NA NA NA NA

NA NA NA NA

Q3 2019

Q3 2018

% CHANGE

$687,500 $374 73 44

$681,000 $371 78 33

0.95% 0.71% -6.41% 33.33%

Q3 2019

Q3 2018

% CHANGE

$299,500 $371 10 35

$307,000 $355 13 31

-2.44% 4.38% -23.08% 12.90%

CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

La Canada Flintridge SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

La Verne SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood San Gabriel Valley Area Monrovia SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$763,000 $515 66 37

$802,500 $539 78 34

-4.92% -4.44% -15.38% 8.82%

Q3 2019

Q3 2018

% CHANGE

$490,000 $423 21 39

$568,500 $411 26 17

-13.81% 2.98% -19.23% 129.41%

Q3 2019

Q3 2018

% CHANGE

$909,500 $663 44 51

$1,038,000 $696 39 38

-12.38% -4.72% 12.82% 34.21%

Q3 2019

Q3 2018

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q3 2019

Q3 2018

% CHANGE

$933,000 $569 128 38

$940,000 $581 115 34

-0.74% -2.02% 11.30% 11.76%

Q3 2019

Q3 2018

% CHANGE

$522,500 $471 12 35

$560,000 $462 17 32

-6.70% 1.79% -29.41% 9.38%

Mount Washington SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Pasadena NE SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Pasadena NW SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$773,500 $617 56 63

$950,000 $602 41 34

-18.58% 2.48% 36.59% 85.29%

Q3 2019

Q3 2018

% CHANGE

$670,000 $531 11 43

$550,000 $459 5 20

21.82% 15.50% 120.00% 115.00%

Q3 2019

Q3 2018

% CHANGE

$1,147,000 $666 46 70

$1,240,000 $631 41 56

-7.50% 5.58% 12.20% 25.00%

Q3 2019

Q3 2018

% CHANGE

$560,000 $564 79 38

$598,800 $537 87 32

-6.48% 5.00% -9.20% 18.75%

Q3 2019

Q3 2018

% CHANGE

$1,457,500 $694 26 57

$1,575,000 $700 33 70

-7.46% -0.78% -21.21% -18.57%

Q3 2019

Q3 2018

% CHANGE

$849,000 $613 27 64

$836,500 $585 34 48

1.49% 4.83% -20.59% 33.33%

Pasadena SE SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Pasadena SW SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood San Gabriel Valley Area Rosemead/S. San Gabriel SFR

Q3 2019

Q3 2018

% CHANGE

$621,500 $482 31 36

$625,000 $493 35 39

-0.56% -2.37% -11.43% -7.69%

CONDO

Q3 2019

Q3 2018

% CHANGE

Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

$715,595 $386 9 38

$555,000 $320 6 20

28.94% 20.69% 50.00% 90.00%

Q3 2019

Q3 2018

% CHANGE

$655,000 $390 55 36

$645,000 $383 61 31

1.55% 2.03% -9.84% 16.13%

Q3 2019

Q3 2018

% CHANGE

$432,500 $333 20 23

$430,000 $328 15 15

0.58% 1.51% 33.33% 53.33%

Q3 2019

Q3 2018

% CHANGE

$823,400 $490 70 38

$849,000 $532 66 27

-3.02% -7.96% 6.06% 40.74%

Q3 2019

Q3 2018

% CHANGE

$550,000 $403 17 29

$649,500 $417 12 41

-15.32% -3.44% 41.67% -29.27%

Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

San Dimas SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

San Gabriel SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


San Marino SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$1,918,944 $825 34 65

$2,247,000 $857 38 65

-14.60% -3.73% -10.53% 0.00%

Q3 2019

Q3 2018

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q3 2019

Q3 2018

% CHANGE

$954,000 $590 25 34

$1,065,000 $601 32 43

-10.42% -1.76% -21.88% -20.93%

Q3 2019

Q3 2018

% CHANGE

$685,000 $478 5 40

$1,020,000 $526 1 26

-32.84% -9.02% 400.00% 53.85%

Q3 2019

Q3 2018

% CHANGE

$1,200,000 $747 28 23

$1,459,170 $772 24 33

-17.76% -3.21% 16.67% -30.30%

Q3 2019

Q3 2018

% CHANGE

$890,000 $586 12 32

$784,000 $594 10 26

13.52% -1.28% 20.00% 23.08%

Sierra Madre SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

South Pasadena SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood San Gabriel Valley Area Sunland Tujunga SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$669,000 $487 99 46

$615,000 $478 119 44

8.78% 1.87% -16.81% 4.55%

Q3 2019

Q3 2018

% CHANGE

$425,000 $397 9 57

$472,500 $381 24 36

-10.05% 4.32% -62.50% 58.33%


“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Coachella Valley Area

Single Family Homes Q3 2019 NEIGHBORHOOD

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

Cathedral City North

111

$339,000

$202

Cathedral City South

46

$362,500

$228

Indian Wells

55

$715,000

$293

La Quinta No of HWY 111

45

$420,000

$200

245

$512,000

$246

La Quinta S.Of H Palm Desert East

74

$395,000

$216

Palm Desert North

69

$425,000

$219

Palm Desert South

49

$660,000

$291

Palm Springs Central

70

$740,000

$402

Palm Springs North End

99

$490,000

$289

Palm Springs South End

85

$780,000

$360

Rancho Mirage

132

$652,000

$261

1,080

$540,875

$267

TOTAL/AVERAGE


Condominium Homes Q3 2019 NEIGHBORHOOD

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

32

$187,045

$159

Cathedral City South

31

$204,000

$153

Indian Wells

16

$398,750

$217

11

$215,000

$220

La Quinta S.Of H

54

$342,500

$212

Palm Desert East

88

$269,500

$194

Palm Desert North

62

$312,400

$212

Palm Desert South

44

$302,500

$215

Palm Springs Central

80

$239,750

$225

Cathedral City North

La Quinta No of HWY 111

Palm Springs North End

54

$170,000

$231

Palm Springs South End

157

$259,900

$218

77

$335,000

$198

706

$269,695

$205

Rancho Mirage TOTAL/AVERAGE

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Coachella Valley Area

Properties Sold Q3 2019 – Q3 2018 2018

Single Family Homes

2019 Cathedral City North Cathedral City South Indian Wells La Quinta No of HWY 111 La Quinta S.Of H Palm Desert East Palm Desert North Palm Desert South Palm Springs Central Palm Springs North End Palm Springs South End Rancho Mirage

003

300

522

225

051

150

57

75

0

0

75

75

150

150

225

225

300

300


Properties Sold

Q3 2019 – Q3 2018 2018

Condominium Homes

2019 Cathedral City North Cathedral City South Indian Wells La Quinta No of HWY 111 La Quinta S.Of H Palm Desert East Palm Desert North Palm Desert South Palm Springs Central Palm Springs North End Palm Springs South End Rancho Mirage

041

140

501

105

07

70

53

35

0

0

40

40

80

80

120

120

160

160

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Neighborhood Spotlight Palm Springs Home to one of the largest concentrations of mid-century modern architecture in the U.S., Palm Springs is a haven for design buffs, heat seekers, and the LGBT community. From stylish boutique hotels and high-end vintage shopping to the annual Modernism Week, the desert city is practically a living museum of twentieth century architecture. You’ll find homes by Richard Neutra, William F. Cody, Albert Frey, A. Quincy Jones, Donald Wexler, and Paul R. Williams, among others that celebrate a more glamorous era. Score colorful frocks at Trina Turk (the L.A. designer lives here part-time), channel the Rat Pack at Melvyn’s, and view some hidden gems with Palm Springs Modern Architecture Tours. If you’re not afraid of heights, take the Aerial Tramway 8,500-feet up the sheer cliffs of Chino Canyon for stunning views (its Valley Station was designed by Frey).


Neighborhood Press :: LA Times Untouched 1945 California Ranch Listed For First Time At $1.4M Located in Fillmore, California, a little more than an hour from downtown Los Angeles, this four-bedroom, four-bath midcentury home just hit the market for the first time. Designed in 1945 by California architect Frank W. Green, the home is situated on a hill with views of pastures, the town of Fillmore, and the agrarian Heritage Valley. Built in the style of the classic California ranch, the home was featured in Sunset magazine and photographed by Maynard L. Parker, a Los Angeles-based architectural and garden photographer, in 1946. With a formal colonnaded entry and double height ceilings, the 3,033-square-foot home is light and airy. Expansive glass walls open to panoramic views and a terrace, while a fireplace adds coziness. Original details abound, like the home’s custom millwork and bathrooms—one in a peach tile and another in light pink. Outside, plentiful patios allow for outdoor entertaining, and a pool and guest house pavilion provide a place for recreation. Other perks include a three car garage, motor court, and a walled herb garden. View more on our website

HomeAsArt.com


Market Performance By Neighborhood Coachella Valley Area Cathedral City North SFR

Q3 2019

Q3 2018

% CHANGE

$339,000 $202 111 52

$310,000 $182 111 59

9.35% 11.05% 0.00% -11.86%

CONDO

Q3 2019

Q3 2018

% CHANGE

Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

$187,045 $159 32 83

$132,002 $128 25 114

41.70% 24.41% 28.00% -27.19%

Q3 2019

Q3 2018

% CHANGE

$362,500 $228 46 76

$359,000 $232 44 58

0.97% -1.98% 4.55% 31.03%

Q3 2019

Q3 2018

% CHANGE

$204,000 $153 31 72

$180,000 $134 39 69

13.33% 14.12% -20.51% 4.35%

Q3 2019

Q3 2018

% CHANGE

$715,000 $293 55 145

$822,000 $291 36 109

-13.02% 0.60% 52.78% 33.03%

Q3 2019

Q3 2018

% CHANGE

$398,750 $217 16 140

$321,750 $222 22 105

23.93% -1.91% -27.27% 33.33%

Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Cathedral City South SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Indian Wells SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


La Quinta North of HWY 111 - Indian Springs SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$420,000 $200 45 70

$389,200 $188 40 64

7.91% 6.57% 12.50% 9.38%

Q3 2019

Q3 2018

% CHANGE

$215,000 $220 11 65

$205,000 $219 9 91

4.88% 0.58% 22.22% -28.57%

La Quinta South Of HWY 11 - Indian Springs SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$512,000 $246 245 102

$524,750 $240 242 105

-2.43% 2.55% 1.24% -2.86%

Q3 2019

Q3 2018

% CHANGE

$342,500 $212 54 96

$360,000 $194 53 101

-4.86% 8.99% 1.89% -4.95%

Q3 2019

Q3 2018

% CHANGE

$395,000 $216 74 75

$380,000 $201 91 83

3.95% 7.49% -18.68% -9.64%

Q3 2019

Q3 2018

% CHANGE

$269,500 $194 88 83

$250,000 $174 79 84

7.80% 11.52% 11.39% -1.19%

Palm Desert East SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood Coachella Valley Area Palm Desert North SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$425,000 $219 69 93

$388,450 $210 72 82

9.41% 4.15% -4.17% 13.41%

Q3 2019

Q3 2018

% CHANGE

$312,400 $212 62 65

$300,500 $197 75 88

3.96% 7.89% -17.33% -26.14%

Q3 2019

Q3 2018

% CHANGE

$660,000 $291 49 88

$610,000 $276 56 113

8.20% 5.43% -12.50% -22.12%

Q3 2019

Q3 2018

% CHANGE

$302,500 $215 44 79

$259,450 $198 56 102

16.59% 8.43% -21.43% -22.55%

Q3 2019

Q3 2018

% CHANGE

$740,000 $402 70 87

$684,495 $389 68 81

8.11% 3.44% 2.94% 7.41%

Q3 2019

Q3 2018

% CHANGE

$239,750 $225 80 56

$230,000 $220 79 65

4.24% 2.33% 1.27% -13.85%

CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Palm Desert South SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Palm Springs Central SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Palm Springs North End SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q3 2019

Q3 2018

% CHANGE

$490,000 $289 99 57

$475,000 $279 103 74

3.16% 3.63% -3.88% -22.97%

Q3 2019

Q3 2018

% CHANGE

$170,000 $231 54 66

$124,000 $214 45 48

37.10% 8.03% 20.00% 37.50%

Q3 2019

Q3 2018

% CHANGE

$780,000 $360 85 67

$640,000 $337 89 81

21.88% 6.59% -4.49% -17.28%

Q3 2019

Q3 2018

% CHANGE

$259,900 $218 157 54

$262,495 $205 136 70

-0.99% 6.71% 15.44% -22.86%

Q3 2019

Q3 2018

% CHANGE

$652,000 $261 132 114

$666,500 $240 128 112

-2.18% 9.05% 3.13% 1.79%

Q3 2019

Q3 2018

% CHANGE

$335,000 $198 77 101

$332,000 $185 86 79

0.90% 7.06% -10.47% 27.85%

Palm Springs South End SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Rancho Mirage SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


DPP Kicks Off the Fall at Union Station

What’s New On HomeAsArt.com

On the morning of September 9th, Deasy Penner Podley partners and staff members traveled from all across the city of Los Angeles to gather at Union Station for an exciting fall kick-off meeting. The venue of Union Station was carefully selected...

We share our passion for design on our blog:

HomeAsArt.com


A Modernist Masterpiece In Los Feliz, $3.8M

Actors Topher & Ashley Grace Buy In La CaĂąada

Exquisitely elevated and

Actors Topher and Ashley

balanced above its site, the

Grace have bought a home

Steel House by architect Neil

in leafy La CaĂąada Flintridge

A. Johnson AIA has come

through a trust for $2.975

back on the market after

million. Last month, the

a comprehensive, multi-

couple put their Studio

year renovation overseen

City home of two years on

by the noted architectural

the market. Located in the

conservator/house whisperer

desirable Fryman Canyon

Mark Haddawy...

area, the updated...

Photography by MLS


Santa Monica Venice Hancock Park Palm Springs La CaĂąada Flintridge Pasadena Altadena Sierra Madre Monrovia Glendora

310.275.1000 626.683.0777 info@dppre.com


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