Hilton & Hyland Market Report Q1 2016

MARKET REPORT 2016 Q1

TA B L E O F C O N T E N T S

16

BEL-AIR

18

BEVERLY HILLS

20

BEVERLY HILLS POST OFFICE

22

BRENTWOOD

24

CENTURY CITY

26

HOLLYWOOD HILLS

28

MALIBU

30

PACIFIC PALISADES

32

SUNSET STRIP

34

WEST HOLLYWOOD

36

ULTRA LUXURY

Based on information from the Association of REALTORS®/Multiple Listing as of April 22, 2016. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Welcome to the Hilton & Hyland Report, the first incarnation of our now regular quarterly examination of the Los Angeles real estate market. Since its inception, Hilton & Hyland has become internationally known as the premier Beverly Hills real estate brokerage. As a leader of the luxury real estate market, it gives us great pride to present a comprehensive report of the First Quarter 2016.

Throughout the following pages, you will find detailed analysis on all key neighborhoods in the Los Angeles area, along with specific insights into the ultra-luxury market. The major theme in the most recent fiscal quarter was that of limited movement. The federal government’s adjustment of interest rates, combined with the policy changes that may temporarily dissuade some foreign buyers from purchasing homes in the U.S., created a relatively stagnant Q1 in terms of housing movement.

When looking at the ultra-luxury market across Los Angeles, price per square foot numbers continue to show impressive growth as time progresses. Since Q1 2015, the average price per square foot of homes priced $5-$15 million increased 26.7%, a greater increase than we’ve seen in years. The biggest quarter-to-quarter jump taking place between Q4 2015 and Q1 2016 (a 13.1% increase). There is no question that Los Angeles luxury real estate continues to be one of the most sought-after commodities in the industry.

At Hilton & Hyland, we strive every day to provide our clients with best-in-class customer service and industry knowledge of the luxury real estate market in Greater Los Angeles. We’re happy to provide this market report to you, and hope that you contact us with any questions that you may have when it comes to your individual real estate needs.

Warmest regards, Rick Hilton & Jeff Hyland

Playboy Mansion $200,000,000

6 PAG E

42%

MARKET SHARE

16%

COLDWELL BANKER

11%

THE AGENCY

10%

SOTHEBY’S INTERNATIONAL

6%

RO D EO R E ALT Y

6%

WE S TS I D E E S TATE AG EN C Y

3% B O GA R I R E A LT Y

3% R E D FI N

3% T. N .G . R E A LT Y

OU R ADVANTAG E

FO R SA L E S FI F T E E N M I L L I O N A N D A B OV E I N 2 01 5

BEVERLY HILLS | BEL-AIR | HOLMBY HILLS | BRENTWOOD SUNSET STRIP | HOLLYWOOD HILLS | MALIBU

I N SA L E S VO LU M E 2 01 5

27%

T R A N SAC T I O N S CO N D U C T E D I N - H O U S E I N 2 01 5

$16.4M $3.8M

A RECORD BREAKING 2015

AV E R AG E SA L E S VO LU M E P E R AG E N T I N 2 01 5

AV E R AG E P R I C E P E R T R A N SAC T I O N I N 2 01 5

1ST

1

L A B U S I N E S S J O U R N A L’ S H I G H E S T AV E R AG E SA L E S VO LU M E P E R O F F I C E I N 2 01 5

L A B U S I N E S S J O U R N A L’ S O N LY B R O K E R AG E W IT H O N E O F F I C E I N T H E L A B J TO P 1 0

OU R ADVANTAG E

$2.7B

CELEBRATES A RECORD-SETTING 2015

HIGHEST SALE IN LOS ANGELES 384 DELFERN DRIVE - *$75,000,000

Stephen Resnick Represented the buyer

HIGHEST SALE IN SUNSET STRIP

9161 ORIOLE WAY - *$35,000,000

Branden Williams, Rayni Williams Represented the buyer

2ND HIGHEST SALE IN SUNSET STRIP 1442 TANAGER WAY - *$29,950,000

HIGHEST SALE IN BEL-AIR

Tyrone McKillen, Drew Fenton Represented the seller

616 NIMES ROAD - *$65,000,000

Mia Trudeau Represented the seller

HIGHEST SALE IN BRENTWOOD

3099 MANDEVILLE CANYON ROAD - *$20,000,000

HIGHEST SALE IN BEVERLY HILLS POST OFFICE

Danelle Lavin

Represented the seller

9904 KIP DRIVE - *$37,900,000

Jeff Hyland Represented the seller Denise Moreno, Gordon MacGeachy

Represented the buyer

2ND HIGHEST SALE IN BRENTWOOD

1647 MANDEVILLE CANYON ROAD - *$17,950,000

Judy Feder Represented the buyer

HIGHEST SALE EVER IN THE BEVERLY HILLS FLATS 706 NORTH HILLCREST ROAD - *$23,500,000

Susan Smith, Drew Fenton Represented the seller

2ND HIGHEST SALE IN MALIBU

29208 CLIFFSIDE DRIVE - *$23,750,000

Mia Trudeau Represented the buyer

HIGHEST SALE EVER IN HANCOCK PARK 611 SOUTH MUIRFIELD ROAD - *$16,100,000

Brett Lawyer Represented the seller Jonah Wilson Represented the buyer

2ND HIGHEST SALE IN SANTA MONICA 436 ADELAIDE DRIVE - *$14,950,000

Susân Perryman

Represented the seller

384 Delfern Dr $75,000,000 Based on information from the Association of REALTORS®/Multiple Listing as of April 22, 2016. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

2016 SIGNIFICANT SALES

9133 ORIOLE WAY

SUNSET STRIP

$27,995,000

720 N ALTA DR

BEVERLY HILLS

$24,995,000

1814 DOHENY DR

SUNSET STRIP

$23,950,000

1095 HILLCREST RD

BEVERLY HILLS

$21,000,000

21812 PCH

MALIBU

$19,000,000

9133 ORIOLE WAY Sunset Strip $27,995,000

9312 NIGHTINGALE DR

SUNSET STRIP

$17,500,000

1157 HILLCREST RD

BEVERLY HILLS

$17,500,000

9152 JANICE PL

BEVERLY HILLS

$14,895,000

9212 NIGHTINGALE DR

SUNSET STRIP

$13,800,000

2859 COLDWATER CANYON DR

BEVERLY HILLS

$12,249,000

22000 PCH

MALIBU

$11,250,000

2012 LA MESA DR

SANTA MONICA

$11,995,000

720 N ALTA DR Beverly Hills $24,995,000

SA L E S $ 1 0 M A N D A B OV E

93 SA LE S I N TOTA L 3 5 I N VO LV E D H I LTO N & H Y L A N D

SA L E S $ 5 M A N D A B OV E

33 1 SA LE S I N TOTA L 7 1 I N VO LV E D H I LTO N & H Y L A N D

10250 Sunset $88,000,000 Based on information from the Association of REALTORSÂŽ/Multiple Listing as of April 22, 2016. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

B E L-A I R

SOLD +24.8%

B E L-A I R

SOLD +10.9%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1000

3,000

$/SQFT

$ In The Thousands

1200

2,000

800 600 400

1,000 200 0 Q1 2013

Q2 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Quarterly % Change

Total Change

Total % Change

38,422.68

2.07

4 61 ,07 2 .1 4

24.78

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

0

Q1 2016

Quarterly Change SOLD

TIME PERIOD

Q3 2013

Q1 2013

Q2 2013

TIME PERIOD

#

Avg $

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Quarterly % Change

Total Change

Total % Change

7. 8 5

0.91

9 4 .1 9

10.92

FOR SALE

NEW LISTINGS

Q4 2013

Quarterly Change SOLD $/SQFT

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties

Q3 2013

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

SOLD Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

Q1 2016

3,190,000

174

1,774,000

33

2,152,000

23

2,940,000

43

2,920,000

98

Q1 2016 174 8,424,735 5,678

1,349 33

2,715,384

2,843

968 24

3,683,458 4,063

923 44

7,660,225 5,435

1,381 99

7,245,958 5,087

1,354

Q4 2015

3,750,000

157

2,649,162

24

2,212,500

29

5,200,000

57

2,950,000

46

Q4 2015 157 9,575,052 6,149

1,357 24

5,112,222

4,795 1,066 29

4,278,776 3,554

945 57

10,940,544 6,336

1,477 46

8,161,801

4,260

1,362

Q3 2015

3,495,000

191

2,172,500

40

2,015,000

43

3,487,500

40

3,345,000

86

Q3 2015 191 7,796,269

5,754

1,253 40

2,734,576

3,362

816 43

2,532,952

3,332

760 40

6,296,600 5,010

1,171 86

6,962,418

5,097

1,242

Q2 2015

3,200,000

195

2,225,000

52

2,417,500

44

3,525,000

38

2,698,700

100

Q2 2015 195 7,022,479 5,450

1,149 52

4,736,594

4,115

944 44

5,622,499 4,848

1,123 38

6,125,292 4,926

981 100 6,143,463 4,889

1,185

Q1 2015

3,299,000

176

1,999,999

39

2,385,000

45

3,699,450

42

2,987,500

78

Q1 2015 176 8,046,988 5,840

1,271 39

5,788,715

4,721

1,152 45

4,735,044 4,523

990 42

10,368,402 6,374

1,687 78

6,704,141

5,263

1,239

Q4 2014

3,297,000

180

2,347,000

44

1,750,000

39

2,672,000

38

2,699,500

58

Q4 2014 180 7,064,597 5,343

1,203 44

4,486,523 3,988

1,087 39

3,600,536 3,433

990 38

4,759,829 4,610

1,026 58

7,636,560 4,790

1,214

Q3 2014

3,225,000

186

1,795,000

27

1,985,000

33

3,895,000

37

2,299,000

79

Q3 2014 186 6,453,405 5,308 1,206 27

3,004,848 3,564

840 33

4,136

839 37

7, 8 5 1,230 5,620 1,400 79

5,698,582 4,672

1,164

Q2 2014

3,200,000

187

2,287,000

38

2,856,900

30

3,347,000

42

2,595,000

87

Q2 2014 187 6,915,889 5,333

1,142 38

4,984,000 4,053

917 30

5,462,086 4,258

963 42

8,422,237 5,335

1,047 87

5,606,589 4,765

1,056

Q1 2014 163 8,303,220 5,691

1,210 34

10,494,556

5,228

1,317 39

6,280,449 4,564

855 29

6,590,069 5,744

1,112 68

8,449,059 4,908

1,211

1,140 41

2,960,046

3,687

815 54

2,983,416 3,977

769 35

6,219,407

5,174

1,189 46

4,480,177 4,339

998

1,116 47

927 36

3,836,761 4,051

947 26

10,695,731 5,714

1,071 90

5,881,498 4,755

1,185

3,705

893 35

7,015,803 6,000

983 87

4,644,674 4,816

967

3,409,429 4,052

830 35

9,182,229 6,999

1,128 70

4,662,985 4,620

975

3,395,000

163

2,169,500

34

1,975,000

39

2,695,000

29

3,096,000

68

Q4 2013

2,850,000

171

1,795,000

41

2,241,000

54

3,350,000

35

1,860,000

46

Q4 2013 171

Q3 2013

2,995,000

198

2,200,000

47

1,912,500

36

4,187,500

26

2,695,000

90

Q3 2013 198 6,876,511

3,651,454

3,938

Q2 2013

2,950,000

189

2,372,500

46

2,025,000

49

3,250,000

35

2,495,000

87

Q2 2013 189 6,718,950 5,379 1,046 46

4,176,391

3,992 1,050 49

Q1 2013

3,274,500

180

1,945,000

43

1,250,000

35

5,000,000

35

2,585,000

70

Q1 2013 180 7,541,644 5,685 1,082 43

3,960,999

Q1 2014

6,537,603 5,406 5,315

4,138

937 35

3,378,767

3,316,122

B E V E R LY H I L L S

SOLD +4.4%

B E V E R LY H I L L S

SOLD +34.1%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1,600

6,000 5,000

1,200

4,000

$/SQFT

$ In The Thousands

1,400

3,000

1,000 800 600

2,000

400

1,000 0

200 Q1 2013

Q2 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

0

Q1 2016

Quarterly Change

Quarterly % Change

Total Change

Total % Change

16,596.52

0.37

1 9 9 ,1 5 8 . 2 6

4.42

SOLD FOR SALE TIME PERIOD

Q3 2013

UNDER CONTRACT

SOLD

EXPIRED

Q1 2013

Q2 2013

TIME PERIOD

#

Avg $

Q1 2014

Q2 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Total Change

Total % Change

30.65

2.84

3 6 7. 8 5

3 4 .1 3

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

Q1 2016

7,925,000

166

4,297,500

32

4,270,000

40

7,134,000

46

7,584,500

88

Q1 2016 166 11,114,964 5,852

1,801 32

5,481,750

Q4 2015

7,134,000

158

5,245,000

42

5,491,250

30

7,544,000

38

6,447,500

66

Q4 2015 158 10,316,123 5,833

1,750 42

Q3 2015

7,495,000

145

3,749,000

27

5,015,000

40

7,800,000

26

6,250,000

72

Q3 2015 145 10,227,703 5,846

Q2 2015

5,995,000

146

4,250,000

55

5,250,000

60

6,472,500

18

4,972,500

68

Q1 2015

6,995,000

147

5,722,500

46

4,700,000

34

7,888,000

23

5,995,000

Q4 2014

6,990,000

132

3,999,000

27

3,080,000

35

6,577,500

38

Q3 2014

5,450,000

149

4,090,000

42

3,830,000

40

4,772,500

Q2 2014

5,499,000

158

2,695,000

46

3,875,000

51

Avg $/ SQFT SQFT #

SOLD Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

1,223 40

5,502,956 4,260

1,234 46

11,651,434

5,812

1,846 88

9,696,238 5,468

1,635

6,912,857

4,890 1,444 30

6,484,437 4,736

1,357 38

9,152,434 5,879

1,538 66

9,719,795

5,113

1,881

1,672 27

7,416,667

3,954 1,506 40

6,585,863

4,170

1,444 26

11,320,226

5,910

1,773 72

9,151,653

5,302

1,649

Q2 2015 146 8,972,862 5,324

1,617 55

6,006,545

3,976 1,504 60

6,108,543 4,382

1,338 18

8,643,333 5,289

1,521 68

8,211,971

4,864

1,560

80

Q1 2015 147 9,330,025 5,380

1,722 46

7,612,043

4,929

1,528 34

6,825,414 4,380

1,533 23

11,727,642

2,274 80

9,643,935 4,969

1,917

4,995,000

51

Q4 2014 132 8 , 41 6 ,1 73 5,573

1,517 27

8,465,852

4,749

1,751 35

7,01 2, 35 0 4,721

1,544 38

7,430,474 5,665

1,332 51

7,566,755 4,907

1,578

26

4,000,000

69

Q3 2014 149 7,7 1 6 , 4 6 5 5,418 1,444 42

5,673,070 4,424 1,340 40

4,958,723 4,347

1,156 26

7,1 7 1 ,30 8

5,253

1,441 69

6,642,971 4,479

1,562

5,245,000

32

4,795,000

75

Q2 2014 158 6,867,646 5,177

1,287 46

4,858,674 3,785

1,152 51

5,099,048 3,902

1,209 32

5,318,771

4,556

1,171 75

5,765,358 4,399

1,208

Q1 2014 152 7,400,243 5,523

1,338 45

6,494,200 4,680

1,383 33

6,457,008 5,284

1,202 24

7,496,324 5,878

1,275 77

6,349,580 4,959

1,254

5,632

1,256 36

7,755,048 5,458

1,245 40

6,423,800

1,074 41

6,633,732

5,101

1,289

4,648

1,186 50

4,991,649 4,501

1,088 26

7,503,462 5,099

1,468 80

6,207,174 4,648

1,300

5,233,010 5,354

983 23

6,489,471 5,765

973 85

6,457,496 4,997

1,201

5,408,057 5,075

1,066 29

7,840,224 6,688

1,132 63

6,612,467 5,362

1,168

4,111

5,964,000

152

4,995,000

45

5,325,000

33

6,094,500

24

5,495,000

77

Q4 2013

5,689,000

153

5,645,000

38

5,508,588

36

4,947,500

40

4,855,000

41

Q4 2013 153 7,869,244 5,621

1,298 38

8,187,447

Q3 2013

5,700,000

179

5,395,000

41

4,762,500

50

5,797,500

26

4,872,500

80

Q3 2013 179 7,573,270 5,461 1,305 41

5,573,512

Q2 2013

5,975,000

169

4,195,000

47

4,225,000

46

5,500,000

23

5,180,000

85

Q2 2013 169 7,580,628 5,810

1,222 47

5,804,829

5,201

1,144 46

Q1 2013

6,150,000

147

4,625,000

34

4,521,175

25

6,220,000

29

5,688,000

63

Q1 2013 147 7,745,928 6,188

1,189 34

5,266,056

4,769

1,091 25

Q1 2014

Q3 2014

Quarterly % Change

FOR SALE

NEW LISTINGS

Q4 2013

Quarterly Change SOLD $/SQFT

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties

Q3 2013

5,158

4,741

B E V E R LY H I L L S P O S T O F F I C E

SOLD +33.1%

B E V E R LY H I L L S P O S T O F F I C E

SOLD +47.8%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1200 1000

2,500 2,000

$/SQFT

$ In The Thousands

3,000

1,500 1,000

800 600 400

500

200

0 Q1 2013

Q2 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Quarterly % Change

Total Change

Total % Change

55,211.66

2.76

662,539.86

3 3 .1 1

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

0

Q1 2016

Quarterly Change SOLD

TIME PERIOD

Q3 2013

Q1 2013

Q2 2013

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties

#

Avg $

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q3 2015

Q4 2015

Q1 2016

Total Change

Total % Change

2 6 . 47

3.98

3 1 7. 6 9

4 7. 7 9

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

SOLD Avg $

EXPIRED

Avg $/ SQFT SQFT #

Q1 2016

3,999,000

199

2,647,000

34

2,445,000

25

4,299,000

71

3,774,500

98

Q1 2016 199 6,489,456 5,248

1,188 34

2,679,706

Q4 2015

3,897,500

208

2,795,000

33

2,850,000

45

3,750,000

74

3,695,000

73

Q4 2015 208 7,122,839 5,066

1,189 33

4,566,604 4,294 1,058 45

Q3 2015

3,595,000

222

2,975,000

43

2,525,000

43

3,047,000

44

3,100,000

105

Q3 2015 222 6,469,956 4,760

1,148 43

4,583,253 4,067

1,127 43

4,158,243

3,879

Q2 2015

3,822,500

216

2,525,000

47

2,795,000

43

4,525,000

52

3,322,500

100

Q2 2015 216 6,670,001 4,933

1,187 47

3,537,104

3,696

904 43

3,347,896 3,905

Q1 2015

3,595,000

209

2,022,500

38

1,734,000

28

3,190,000

55

3,645,000

98

Q1 2015 209 6,172,798

4,768

1,131 38

2,978,314

3,419

831 28

2,458,071

3,132

731 55

Q4 2014

3,150,000

205

3,100,000

37

2,597,500

44

2,999,000

57

3,074,500

68

Q4 2014 205 5,625,649 4,543

1,027 37

4,705,162

4,190

860 44

4,016,730

4,119

Q3 2014

2,997,000

208

2,497,000

34

2,681,500

36

2,750,000

37

2,395,000

85

Q3 2014 208 5,077,788 4,546 1,036 34

3,590,762

4,233

873 36

3 , 57 1 , 8 37

Q2 2014

2,795,000

203

2,212,000

38

2,152,500

44

2,660,000

42

2,399,000

91

Q2 2014 203 5,077,788 4,546 1,036 38

3,380,138

3,603

937 44

3,272,719

4,065

3,686

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

3,541

975 71

6,407,246

5,418

1,202 98

5,218,564 4,644

1,066

3,912,644 3,922

991 74

7,444,189 4,373

1,075 73

5,783,309

4,631

1,207

1,031 44

4,088,216

3,890

1,036 105 4,610,513

4,104

982

848 52

6,197,113

5,134

1,199 100 5,203,713 4,653

1,098

4,665,271

4,812

994 98

5,398,847 4,749

1,117

806 57

3,827,007 4,313

887 68

5,892,8 21 3,987

916

4,181

857 37

5,269,092 4,053

1,161 85

4,061,927 4,020

1,038

3,576

804 42

4,238,595 4,156

1,020 91

3,321,583

3,748

876

819 34

3,532,850 4,304

818 30

5,281

767 25

3,453,303

2,950,000

185

2,300,000

43

2,415,000

34

2,972,500

30

2,825,000

83

Q1 2014 185 5,668,129 4,943 1,046 43

3,857,465

Q4 2013

2,930,000

184

2,195,000

35

1,915,000

37

2,870,000

47

2,950,000

53

Q4 2013 184 4,999,018 4,714

991 35

2,864,229

3,543

811 37

2,835,468 3,476

Q3 2013

2,724,500

218

1,999,999

47

2,135,178

48

3,022,000

40

2,485,000

110

Q3 2013 218 4,436,593 4,405

971 47

2,951,808

3,819

781 48

Q2 2013

2,850,000

175

2,162,500

38

2,250,000

41

2,875,000

29

2,494,000

92

Q2 2013 175 4,788,330 4,767

971 38

3,350,895

4,218

763 41

3,159,251

Q1 2013

2,662,500

158

2,259,500

44

1,815,000

38

2,470,000

31

2,575,000

77

Q1 2013 158 4,833,322 4,836

964 44

2,644,045

3,850

661 38

Q1 2014

Q2 2015

Quarterly % Change

FOR SALE TIME PERIOD

Q4 2013

Quarterly Change SOLD $/SQFT

NEW LISTINGS

Q3 2013

994 83

4,925,952

4,321

1,009

809 47

3,825,987 4,001

874 53

5,027,792

4,791

965

2,851,675 3,982

736 40

4,377,400

4,188

1,064 110

3,329,009 3,800

859

4,239

679 29

3,780,603 4,504

862 92

3,484,215

4,151

834

2,067,630 3,400

619 31

4,190,867 4,566

932 77

3,902,753 4,577

845

5,140,197

B R E N T WO O D

SOLD +25.0%

B R E N T WO O D

SOLD +17.7%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1,200 1,000 2,500

$/SQFT

$ In The Thousands

3,000

2,000 1,500

800 600 400

1,000

200

500 0 Q1 2013

Q2 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Quarterly % Change

Total Change

Total % Change

4 7, 6 2 6 . 7 9

2.09

57 1,521.44

25.03

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

0

Q1 2016

Quarterly Change SOLD

TIME PERIOD

Q3 2013

Q1 2013

Q2 2013

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties

#

Avg $

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Quarterly % Change

Total Change

Total % Change

12.40

1 . 47

148.76

1 7. 6 7

FOR SALE TIME PERIOD

Q4 2013

Quarterly Change SOLD $/SQFT

NEW LISTINGS

Q3 2013

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

SOLD Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

Q1 2016

3,395,000

205

2,795,000

55

2,615,000

40

3,796,500

50

3,174,500

118

Q1 2016 205 5,049,327

5,149

906 55

3,836,573

3,591 1,068 40

2,797,409

3,236

864 50

4,908,630

7,771

604 118

4,657,818 5,445

847

Q4 2015

3,450,000

185

2,796,500

48

2,925,000

54

4,217,000

50

3,395,000

64

Q4 2015 185 5,095,705 4,404

1,051 48

4,714,958

4,123

1,121 54

4,670,852

4,139

1,123 50

4,617,959

4,121

1,076 64

4,708,320 4,142

1,096

Q3 2015

3,225,000

224

2,795,000

53

2,775,000

56

3,275,000

50

6,250,000

116

Q3 2015 224 4,777,724 4,344

999 53

3,504,604

3,561

966 56

3,458,812

3,629

941 50

4,861,864

4,713

958 116

Q2 2015

2,999,000

215

2,599,000

69

2,796,725

72

3,647,000

38

2,995,000

122

Q2 2015 215 4,358,015 4,180

998 69

3,286,261

3,413

946 72

3,317,946

3,475

934 38

Q1 2015

3,297,000

174

2,890,000

50

2,800,000

33

3,995,000

31

3,295,000

105

Q1 2015 174 4,151,922

5,380

937 50

3,452,698

3,771

918 33

3,312,292

3,834

Q4 2014

2,795,000

167

2,368,500

62

2,420,000

70

3,097,000

36

2,822,500

68

Q4 2014 167 3,760,228 3,939

920 62

2,690,210

2,997

903 70

Q3 2014

2,950,000

188

2,495,000

60

2,525,000

64

3,649,000

29

2,595,000

83

Q3 2014 188 3,995,652 4,169

948 60

3,656,300

3,754

Q2 2014

2,950,000

204

2,750,000

67

2,775,000

69

2,922,500

32

2,950,000

103

Q2 2014 204 4,273,671 4,278

992 67

Q1 2014 172 4,317,035

2,950,000

172

2,895,000

47

2,530,000

33

2,495,000

24

2,995,000

100

Q4 2013

2,875,000

165

2,395,000

54

2,320,000

55

3,988,000

39

2,850,000

68

Q4 2013 165 4,149,113

4,354

Q3 2013

2,599,000

179

2,295,000

53

2,352,500

64

2,799,000

29

2,397,000

88

Q3 2013 179 3,675,845 4,075

Q2 2013

2,799,000

194

2,595,000

79

2,400,000

79

4,247,500

24

2,872,000

106

Q2 2013 194 3,834,221

4,115

876 79

Q1 2013

2,595,000

175

2,149,000

59

2,158,000

43

2,897,000

28

2,495,000

104

Q1 2013 175 3,507,368 3,815

834 59

Q1 2014

4,218

1,003 47

4,739,533

4,172

984

4,994,658 4,201

1,031 122 4,392,709 3,984

1,073

876 31

4,797,960 4,554

1,067 105 4,047,323 4,092

949

3,055,358 3,195

956 36

4 , 5 47,21 1 4,922

940 68

3,379,450 3,470

904

974 64

3,686,464 3,847

958 29

4,608,586 4,744

961 83

3,677,684 3,758

973

4,686,104 4,080

1,148 69

3,897,987 4,015

971 32

3,497,656 4,016

871 103 3,740,748 3,946

934

3,793

910 33

3,242,322

3,337

957 24

3,814,875

3,297

973 100 4,383,070 4,139

1,054

937 68

4,118,563

4,213

944

3,241,244 3,875

824

3,498,751

918 54

3,562,815

4,012

880 55

3,361,532

3,978

838 39

4,820,218 4,897

855 53

2,923,755

3,307

803 64

3,225,338 3,490

840 29

3,395,724 4,281

766 88

3,299,899

3,519

910 79

2,875,507 3,392

844 24

4,600,000 5,389

785 106 3,927,972 4,094

928

2,813,186

3,320

854 43

2,812,145 3,500

806 28

4,297,771 3,902

857 104 3,302,738 3,575

848

CENTURY CITY

SOLD +24.9%

CENTURY CITY

SOLD +31.7%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1,000

800

2,000

$/SQFT

$ In The Thousands

2,400

1,600 1,200

600

400 800 200

400

0

0 Q1 2013

Q2 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Quarterly Change

Quarterly % Change

Total Change

Total % Change

29,884.09

2.07

3 5 8 , 6 0 9 .1 2

24.90

SOLD FOR SALE TIME PERIOD

Q3 2013

UNDER CONTRACT

SOLD

EXPIRED

Q1 2013

Q2 2013

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties

#

Avg $

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Quarterly % Change

Total Change

Total % Change

1 7. 3 1

2.64

2 0 7. 74

31.71

FOR SALE TIME PERIOD

Q4 2013

Quarterly Change SOLD $/SQFT

NEW LISTINGS

Q3 2013

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

SOLD Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

Q1 2016

1,999,999

117

1,679,000

47

1,631,000

42

2,272,000

48

1,995,000

87

Q1 2016 117

2,976

903 47

2,262,234

2,494

907 42

2,237,474 2,590

864 28

3,050,274

3,427

890 87

2,674,630

2,987

904

Q4 2015

1,999,450

110

1,799,000

43

1,806,500

43

2,495,000

37

1,799,000

50

Q4 2015 110 2,508,967 2,909

861 43

2,156,163

2,563

841 43

2,113,340

2,504

844 37

2,803,213 3,293

851 50

2,221,216

2,752

807

Q3 2015

1,895,000

133

1,537,500

50

1,650,000

52

1,795,000

23

1,750,000

79

Q3 2015 133 2,409,957 2,826

854 50

1,919,135

2,459

785 52

2,135,088

2,638

818 23

2,593,126

3,051

850 79

2,193,666

2,645

826

Q2 2015

1,795,000

111

1,589,000

43

1,685,000

40

1,772,000

14

1,672,500

82

Q2 2015 111

2,465,638 2,909

856 43

2,219,442

2,665

840 40

2,117,800

2,758

777 14

2,216,086 2,933

757 82

2,363,356 2,827

845

Q1 2015

1,725,000

81

1,695,000

39

1,680,000

26

1,725,000

13

1,659,000

49

Q1 2015 81

2,414,405 3,022

805 39

2,161,154

2,860

762 26

2,178,288

2,665

817 13

2,414,707

3,261

747 49

2,340,902 2,997

788

Q4 2014

1,699,000

81

1,522,000

24

1,578,750

38

1,795,000

25

1,699,000

33

Q4 2014 81

2,1 95 , 3 1 9 2,835

779 24

1,761,438

2,860

793 38

1 ,793 ,7 1 1

2,278

783 25

2,1 87,348 3,097

706 33

1,904,870 2,539

758

Q3 2014

1,950,000

113

1,949,500

52

2,050,000

61

2,295,000

13

1,750,000

61

Q3 2014 113

2, 20 5 , 61 1 2,780

799 52

2,031,058

2,589

793 61

2,174,204 2,842

775 13

2,204,538 2,555

860 61

2,050,377 2,686

765

Q2 2014

1,795,000

127

1,795,000

57

1,610,000

45

1,600,000

18

1,792,000

92

Q2 2014 127 2,163,976 2,760

786 57

2,065,123

2,733

752 45

1,928,319

2,596

746 18

1,830,661

2,488

736 92

2,185,868

2,779

789

749 34

2,010,353

2,770

725 28

1,920,662

2,553

744 8

1,717,625

2,218

724 49

1,906,306

2,691

711

2,333

698 52

1,602,789 2,353

680 24

2,152,350

3,135

687 43

1,705,081

2,485

686

2,633

672 37

1,935,265 2,686

716 16

2,393,250

3,518

680 61

2,022,525

2,781

729

1,645,603 2,468

671 8

3,294

580 73

1,809,082 2,606

685

1,470,007 2,332

630 11

1,645,091 2,685

613 52

1,586,342 2,546

625

2,668,763

1,749,000

77

1,724,000

34

1,726,900

28

1,774,500

8

1,699,000

49

Q1 2014 77

2,023,612

Q4 2013

1,596,500

98

1,447,500

46

1,450,000

52

1,674,500

24

1,649,000

43

Q4 2013 98

1,928,526

2,631

729 46

1,628,913

Q3 2013

1,619,000

110

1,475,000

39

1,610,500

37

2,445,000

16

1,598,000

61

Q3 2013 110 2,037,445 2,827

717 39

1,798,718

Q2 2013

1,519,000

104

1,475,000

47

1,322,500

59

1,575,000

8

1,549,000

73

Q2 2013 104 1,900,279 2,734

691 47

1,736,085

2,480

706 59

Q1 2013

1,300,000

79

1,195,000

37

1,250,000

19

1,395,000

11

1,297,000

52

Q1 2013 79

659 37

1,455,646

2,332

626 19

Q1 2014

1,740,771

2,691

2,650

1,911,000

H O L LY W O O D H I L L S

SOLD +24.9%

H O L LY W O O D H I L L S

SOLD +36.2%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1600

AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1,000

1400 800

1000

$/SQFT

$/SQFT

1200

800

600

400

600 400

200 200 0

0 Q1 2013

Q2 2013

Q3 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Q1 2013

Quarterly Change

Quarterly % Change

Total Change

Total % Change

2 6 ,7 2 6 .1 9

2.08

320,714.34

24.95

SOLD FOR SALE TIME PERIOD

Q4 2013

UNDER CONTRACT

SOLD

EXPIRED

Q2 2013

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties

#

Avg $

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q4 2015

Q1 2016

Total Change

Total % Change

18.95

3.01

2 2 7. 4 2

3 6 .1 6

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

SOLD Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

Q1 2016

2,187,000

524

1,624,000

148

1,562,500

134

2,262,500

142

1,995,000

289

Q1 2016 524 3,465,168

3,201

1,026 148 2,434,924

2,573

960 134 2,505,792

2,679

951 142 3,081,580

Q4 2015

1,999,499

560

1,527,000

147

1,472,500

154

1,912,000

178

1,925,000

239

Q4 2015 560 3,425,311

3,123

990 147 2,338,082

2,741

870 154 1,958,959

2,561

Q3 2015

1,879,000

643

1,300,000

157

1,485,000

166

2,250,000

165

1,693,000

317

Q3 2015 643 3,178,951

3,010

938 157 1,782,412

2,287

715 166 1,856,761

Q2 2015

1,950,000

645

1,687,000

178

1,544,750

171

2,200,000

141

1,750,000

342

Q2 2015 645 3,129,262 3,043

927 178 2,267,367

2,583

823 171

Q1 2015

1,995,000

538

1,519,500

142

1,580,000

120

2,399,000

93

1,979,000

291

Q1 2015 538 3,162,074 3,082

936 142 2,073,529

Q4 2014

1,849,000

539

1,547,500

134

1,590,000

141

1,795,000

158

1,787,000

204

Q4 2014 539 2,793,568 3,035

Q3 2014

1,799,000

610

1,495,000

129

1,495,000

153

1,868,500

146

1,685,000

297

Q2 2014

1,799,000

585

1,667,000

165

1,459,000

51

1,795,000

107

1,699,000

308

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

906 289 3,171,331

Avg $/ SQFT SQFT 3,181

997

770 178 3,793,499 3,307

978 239 2,998,058 2,866

988

2,344

726 165 3,409,627

993 317 2,880,154

2,799

901

2,141,345

2,507

801 141

3,430,679 3,253

938 342 2,746,369 2,876

871

2,461

815 120 2,223,238

2,739

805 93

3,522,999 3,565

928 291 3,061,963 2,984

912

889 134 2,321,778

2,758

836 141

2,1 87, 6 59 2,622

813 158 2,433,228 3,021

814 204 2,768,276 2,791

923

Q3 2014 610 2, 59 1 , 61 3 3,052

836 129 2,037,039

2,551

780 159 2,039,625 2,639

757 146 2,582,884 3,207

794 297 2,349,971 2,944

775

Q2 2014 585 2,648,591 3,006

845 165 2,261,246

2,618

785 153 1,948,296 2,558

707 107 2,741,848

3,169

786 308 2,493,942

2,817

881

Q1 2014 520 2,622,249

776 148 2,000,553

2,708

731 127 1,907,580

2,715

689 95

3,524

748 270 2,298,526

2,918

711

2,726

717 129 1,800,262

2,611

698 129 2,499,390 3,434

710 180 2,345,886 2,937

767

2,398

666 146 1,651,589

2,516

631 100 3,412,322 3,630

875 287 2,247,805 2,886

737

1,836,942

2,738

669 192 1,890,827 2,682

689 80

2,563,707 3,667

700 311

2,218,254 3,076

705

780 146 1,954,158

2,715

696 122 1,716,978 2,800

615 77

3,002,345 3,497

818 231 2,273,833 2,939

742

1,750,000

520

1,472,500

148

1,450,000

127

1,890,000

95

1,595,000

270

Q4 2013

1,799,000

497

1,419,000

118

1,381,000

129

1,888,000

129

1,679,500

180

Q4 2013 497 2,603,111

Q3 2013

1,699,000

563

1,299,000

146

1,350,000

146

1,995,000

100

1,595,000

287

Q3 2013 563 2,587,944

Q2 2013

1,699,000

537

1,325,000

181

1,255,000

192

1,944,500

80

1,499,000

311

Q2 2013 537 2,512,990 3,243

Q1 2013

1,750,000

449

1,295,000

146

1,170,000

122

1,989,000

77

1,595,000

231

Q1 2013 449 2,619,345 3,230

Q1 2014

Q3 2015

Quarterly % Change

FOR SALE TIME PERIOD

Q4 2013

Quarterly Change SOLD $/SQFT

NEW LISTINGS

Q3 2013

3,126 3,224 3,171

778 118

1,935,231

778 146 1,673,244 751 181

3,012,592

3,168

3,121

MALIBU

SOLD +33%

MALIBU

SOLD +36.3%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1,000

2,000

800

1,600

$/SQFT

$ In The Thousands

2,400

1,200

600

400

800 400

200

0 Q1 2013

Q2 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Quarterly % Change

Total Change

Total % Change

51,224.34

2.75

614,692.06

33.02

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

0

Q1 2016

Quarterly Change SOLD

TIME PERIOD

Q3 2013

Q1 2013

Q2 2013

TIME PERIOD

#

Avg $

Q1 2016

3,199,000

287

2,595,000

55

2,350,000

40

3,075,000

75

3,500,000

129

Q1 2016 287 4,898,697

Q4 2015

2,995,000

285

2,495,000

44

2,310,000

49

3,495,000

83

2,750,000

73

Q3 2015

2,975,000

329

2,497,500

46

2,525,000

39

3,080,000

71

2,690,000

Q2 2015

3,079,500

288

2,850,000

39

2,325,000

51

3,197,500

44

Q1 2015

2,795,000

261

2,250,000

42

2,084,625

39

3,300,000

Q4 2014

2,795,000

271

2,395,000

51

2,352,500

46

Q3 2014

2,847,500

328

2,595,000

47

2,362,500

Q2 2014

2,872,500

308

2,375,000

43

2,200,000

Q1 2014

Q2 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Total Change

Total % Change

19.68

3.02

2 3 6 .1 8

36.28

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $/ SQFT SQFT #

SOLD Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

2,531,605 3,330

770 75

4,659,091 3,962

Q4 2015 285 4,358,817 3,980 1,060 44

3,544,954 3,404 1,039 49

3,364,954 3,408

1,001 83

4,593,205 4,477

1,009 73

124

Q3 2015 329 4,086,893 3,847 1,020 46

2,900,557 2,843

947 39

2,954,834 3,239

848 71

4,186,891

4,022

1,035 124 3,309,854

3,295,000

110

Q2 2015 288 4,268,594 3,983

1,017 39

3,535,518

3,509

928 51

2,976,981

3,575,091

3,729

41

2,797,000

102

Q1 2015 261 4,019,072 3,976

1,010 42

2,570,571

3,542

756 39

2,531,490 3,468

688 41

4,119,098

4,170

2,995,000

61

2,687,500

56

Q4 2014 271 4 ,0 52,1 3 3 3,955 1,009 51

2,826,696

3,475

771 46

2, 69 1 , 526 3,364

808 61

50

3,317,000

66

2,750,000

109

Q3 2014 328 4 ,1 37,720 3,984

1,035 47

4,070,551

3,789

1,100 50

3,500,204 3,660

48

3,437,500

46

2,395,000

124

Q2 2014 308 4,457,576 4,146

1,055 43

2,840,619

3,315

829 48

2,680,810 3,650

Q1 2014 268 4,510,775

1,057 43

3,084,872

3,804

754 37

2,632,971

3,461

736 54

2,721,712

3,258

798 48

1,825,415

2,905,553

3,251

3,297,500

268

2,575,000

43

1,870,000

54

6,094,500

5,495,000

101

Q4 2013

2,995,000

271

1,910,000

42

2,423,750

36

2,872,500

62

2,672,000

58

Q4 2013 271 4,413,147

4,091

1,055 42

2,661,829

Q3 2013

2,694,250

320

2,147,500

50

1,809,000

48

2,395,000

57

2,587,500

104

Q3 2013 320 4,124,171

3,971

1,017 50

2,570,654

Q2 2013

2,495,000

302

1,850,000

47

1,980,000

39

1,999,000

39

2,472,500

126

Q2 2013 302 3,883,578 3,937

970 47

2,377,298

3,379

694 39

Q1 2013

2,295,000

249

1,685,000

43

1,594,444

42

2,622,500

30

2,295,000

111

Q1 2013 249 3,734,626 3,973

932 43

1,858,090

3,102

590 42

4,201

Avg $/ SQFT SQFT

1,133 129 5,433,156 4,422

873 40

4,115

1,146 55

Avg $

24

Q1 2014

Q3 2014

Quarterly % Change

FOR SALE

NEW LISTINGS

Q4 2013

Quarterly Change SOLD $/SQFT

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties

Q3 2013

4,498,219 3,935

1,198 1,155

3,371

982

4,156,585 3,909

961

1,055 102 3,703,233 3,832

951

4,634,733 4,060

1,082 56

939

970 66

4,028,377 4,103

1,016 109 3,364,983

3,515

988

741 46

5,660,821 4,499

1,204 124 3,829,242 3,825

965

675 41

4,344,659 3,893

3,532

753 62

3,946,379

2,287,807 3,320

690 57

3,918,582 3,843

2,380,290 3,471

683 39

3,282,562 3,864

3,164

577 30

4,085,344 4,502

3,510

3,498

791 44

3,816

981 110

3,538,302 3,814

1,116 101

3,657,399

3,919

929

1,053 58

3,933,102

3,797

1,052

1,021 104 3,717,759

3,752

952

834 126 3,534,737 3,696 1,035 111

3,298,479 3,921

953 846

PA C I F I C PA L I S A D E S

SOLD +27.2%

PA C I F I C PA L I S A D E S

SOLD +21.3%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

2,500

800

2,000

$/SQFT

$ In The Thousands

Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1,000

3,000

1,500

600

400

1,000

200

500 0 Q1 2013

Q2 2013

Q3 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

0

Q1 2016

Q1 2013

Quarterly Change

Quarterly % Change

Total Change

Total % Change

50,589.02

2.27

6 0 7, 0 6 8 . 1 9

2 7. 2 4

SOLD FOR SALE TIME PERIOD

AV E R A G E $ / S Q F T ( S O L D )

UNDER CONTRACT

SOLD

EXPIRED

Q2 2013

TIME PERIOD

#

Avg $

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q3 2015

Q4 2015

Q1 2016

Total Change

Total % Change

14.48

1.77

173.76

21.29

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

Q1 2016

3,299,000

210

2,772,000

64

2,757,000

56

3,695,000

51

3,197,000

128

Q1 2016 210 4,798,921 4,044

1,133 64

3,396,969

Q4 2015

3,395,000

193

2,847,500

58

2,630,000

60

3,749,000

53

2,895,000

81

Q4 2015 193 4,723,918 3,956

1,103 58

Q3 2015

3,450,000

217

3,135,000

64

2,923,000

72

2,995,000

41

3,349,000

115

Q3 2015 217 4,651,972

Q2 2015

3,450,000

222

2,800,000

91

2,569,000

99

4,975,000

29

3,410,000

136

Q2 2015 222 4,848,788 4,236

Q1 2015

3,272,500

200

2,892,000

78

3,100,000

57

3,374,500

36

2,995,000

121

Q1 2015 200 4,652,702 4,190 1,060 78

Q4 2014

3,250,000

169

2,195,000

49

2,200,000

55

3,375,000

41

3,274,500

72

Q4 2014 169 4,529,475 4,215

Q3 2014

2,794,000

196

2,495,000

68

2,540,000

94

3,195,000

31

2,495,000

108

Q2 2014

2,995,000

227

2,724,500

114

2,550,000

90

2,995,000

25

2,669,500

124

Avg $/ SQFT SQFT #

SOLD Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

972 56

3,349,085

3,251

966 51

5,675,675

4,199

1,293 128 4,337,866

3,859

1,089

3,299,138

3,170 1,002 60

3,125,613

3,327

946 53

5,053,575

4,271

1,042 81

3,791,015

3,482

1,019

1,075 64

3,798,828

3,767 1,002 72

3,757,602

3,764

995 41

3,944,122

4,042

3,973,096

3,701

1,053

1,097 91

3,782,451

3,647 1,045 99

3,450,741

3,374

1,029 29

6,195,034

5,123

1,218 136 4,284,890 3,975

1,061

3,381,810

3,678

926 57

3,427,109 3,800

914 36

4,807,594 4,227

1,093 121

4,217,248

3,885

1,094

2,776,143

3,114

903 55

2, 8 1 5 , 492 3,295

845 41

5,102,360 4,684

1,101 72

4,1 61 ,792

3,812

969

Q3 2014 196 4,214,277 4,098 1,004 68

3,411,816

3,530

972 94

3,393,757 3,518

951 31

4 ,1 3 4,274 3,959

922 108 3,638,808 3,683

977

Q2 2014 227 3,924,975 3,967

966 114

3,235,556 3,470

914 90

3,119,264

3,445

890 25

3,564,360 4,028

921 124 3,467,468

3,712

927

Q1 2014 206 4,204,404 4,176

981 78

3,309,346

3,658

864 64

3,284,724 3,697

860 25

5,878,996

3,095

937 62

2,888,265 3,060

898 47

4,385,255 4,524

4,082

1,014 49

3,507

3,272,500

206

2,437,500

78

2,562,500

64

4,695,000

25

2,896,500

126

Q4 2013

3,250,000

181

2,245,000

54

2,445,000

62

3,295,000

47

2,895,000

83

Q4 2013 181

4,195

1,008 54

2,996,481

Q3 2013

2,875,000

207

2,325,000

83

2,200,500

101

3,149,000

26

2,595,000

99

Q3 2013 207 3,869,705 4,048

942 83

2,744,723

3,275

834 101

2,544,806 3,282

775 26

Q2 2013

2,695,000

237

2,099,000

105

2,100,000

101

3,147,000

24

2,395,000

149

Q2 2013 237 3,647,310 3,964

908 105 2,913,333

3,474

832 101

2,978,754 3,688

800 24

Q1 2013

2,899,500

182

2,597,000

72

2,329,500

52

2,900,000

22

2,750,000

109

Q1 2013 182 4,097,861 4,246

968 72

3,582

836 52

2,732,960

3,116

871 22

Q1 2014

Q2 2015

Quarterly % Change

FOR SALE

NEW LISTINGS

Q4 2013

Quarterly Change SOLD $/SQFT

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties

Q3 2013

4,345,618

3,002,606

976 115

1,126 126 3,551,329

3,818

896

916 83

4,259,372 3,758

1,096

5,391,846 4,746

1,171 99

3,382,929 3,655

901

3,849,729 4,098

876 149 2,864,070 3,514

795

4,179,864 4,481

960 109 3,706,245

958

5,221

3,914

SUNSET STRIP

SOLD +24.9%

SUNSET STRIP

SOLD +36.2%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

2,000

AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1,000

1,600

800

1,400 1,200

$/SQFT

$ In The Thousands

1,800

1,000 800

600

400

600 400

200

200 0 Q1 2013

Q2 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Quarterly % Change

Total Change

Total % Change

29,880.99

2.07

358,57 1.88

24.87

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

0

Q1 2016

Quarterly Change SOLD

TIME PERIOD

Q3 2013

Q1 2013

Q2 2013

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties

#

Avg $

Q1 2014

Q2 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Total Change

Total % Change

20.48

3.02

245.82

36.25

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

Q1 2016

2,400,000

427

1,835,000

115

1,750,000

105

2,495,000

118

2,224,500

228

Q1 2016 427 3,892,950 3,360 1,098 115

2,737,720

2,637

Q4 2015

2,295,000

454

1,724,500

116

1,695,000

117

2,299,000

139

2,199,000

189

Q4 2015 454 3,754,845 3,140 1,064 116 2,551,295

2,752

940 117

Q3 2015

2,200,000

519

1,495,000

116

1,577,350

122

2,497,000

138

1,926,000

257

Q3 2015 519 3,498,792 3,054 1,008 116 1,998,825

2,362

Q2 2015

2,249,000

507

1,798,000

133

1,720,000

131

2,522,500

112

1,895,000

251

Q2 2015 507 3,465,887 3,054

1,011 133 2,535,526

Q1 2015

2,288,000

441

1,672,000

106

1,715,000

94

2,650,000

79

2,199,000

238

Q1 2015 441 3,521,378

1,005 106 2,351,153

Q4 2014

2,099,000

427

1,850,000

103

1,842,038

104

1,995,000

121

1,967,500

164

Q4 2014 427 3 ,1 4 0,725 3,153

Q3 2014

1,995,000

473

1,795,000

95

1,850,000

119

1,888,000

115

1,920,000

217

Q3 2014 473 2, 9 1 3 ,1 6 0

Q2 2014

1,997,750

462

1,799,000

123

1,699,000

113

1,990,000

83

1,997,500

239

Q2 2014 462 2,963,204

Q1 2014 419 2,928,568 3,281

SOLD Avg $

1,053 105 2,816,891

EXPIRED

Avg $/ SQFT SQFT # 2,775

1,034 118

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

3,399,287 3,304

Avg $

Avg $/ SQFT SQFT

959 228 3,607,930 3,396

1,067

830 139 4,094,013

3,221

1,048 189 3,374,651

2,941

1,075

770 122 2,046,487 2,366

774 138 3,747,239

3,199

1,064 257 3,251,343

2,931

964

2,618

894 131

2,384,277 2,573

865 112

3,925,910 3,326

1,043 251 2,990,710 2,789

960

2,545

895 94

2,494,518

2,862

868 79

3,761,632

3,585

973 238 3,397,589 3,058

976

964 103 2,598,980 2,878

899 104 2,464,066 2,717

877 121

2,7 1 9,778

3,115

888 164 3,073,1 65 2,863

1,001

3,155

906 95

2,618

854 119

2,314,078

2,715

831 115

2,797,41 5

3,215

852 217 2,700,733 3,074

852

3,112

908 123 2,592,205 2,755

843 113

2,210,885 2,683

757 83

3,111,973

3,297

858 239 2,803,118

2,912

952

769 100 2,057,914

725 77

3,426,366 3,806

789 209 2,584,549 3,096

746

762 100 2,583,644 3,274

766 141

2,626,386 3,067

823

2,613

668 81

954 226 2,502,119

2,976

2,741,868

3,831

739 227 2,452,292

3,110

774

3,338,119

3,642

875 176 2,557,674 3,072

804

3,177

2,306,643

1,899,000

419

1,699,000

119

1,527,500

100

2,100,000

77

1,749,000

209

824 119

2,220,038

Q4 2013

1,975,000

395

1,499,000

85

1,450,000

93

1,975,000

100

1,800,000

141

Q4 2013 395 2,861,053 3,269

842 85

2,174,735

2,794

Q3 2013

1,899,000

435

1,397,500

100

1,425,000

108

2,245,000

81

1,672,500

226

Q3 2013 435 2,907,936 3,247

853 100 1,914,932

2,481

Q2 2013

1,950,000

409

1,425,000

141

1,450,000

141

2,195,000

59

1,695,000

227

Q2 2013 409 2,795,881 3,309

823 141

2,001,926

Q1 2013

1,995,000

351

1,449,000

105

1,370,350

92

2,272,500

64

1,795,000

176

Q1 2013 351 2,950,731 3,361

848 105 2,240,210

Q1 2014

Q3 2014

Quarterly % Change

FOR SALE TIME PERIOD

Q4 2013

Quarterly Change SOLD $/SQFT

NEW LISTINGS

Q3 2013

2,858

786 93

2,166,774

2,633

2,765

2,030,602 2,702

736 108 1,816,843

2,770

723 141

2,156,798

2,791

760 59

2,847

766 92

1,930,684 2,964

661 64

3,872,386 3,788

796

W E S T H O L LY W O O D

SOLD +46.1%

W E S T H O L LY W O O D

SOLD +31.2%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

900

750 1,200

$/SQFT

$ In The Thousands

1,600

AV E R A G E $ / S Q F T ( S O L D )

800

600

450

300

400

150 0 Q1 2013

Q2 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

0

Q1 2016

Q1 2013

Quarterly Change

Quarterly % Change

Total Change

Total % Change

40,606.86

3.84

4 8 7, 2 8 2 . 2 9

46.06

SOLD FOR SALE TIME PERIOD

Q3 2013

UNDER CONTRACT

SOLD

EXPIRED

Q2 2013

TIME PERIOD

#

Avg $

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Quarterly % Change

Total Change

Total % Change

1 7. 4 7

2.60

209.63

3 1 .1 8

FOR SALE

NEW LISTINGS

Q4 2013

Quarterly Change SOLD $/SQFT

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties

Q3 2013

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

SOLD Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

Q1 2016

1,677,500

72

1,609,450

26

1,585,000

29

1,795,000

16

1,677,500

50

Q1 2016 72

1,880,954

2,216

815 26

1,845,265

2,040

878 29

1,638,556

1,759

894 16

1,962,250 2,020

825 50

1,938,900

2,291

836

Q4 2015

1,599,450

80

1,474,500

38

1,512,500

34

1,674,500

20

1,612,475

38

Q4 2015 80

1,725,005

1,890

870 38

1,589,729

1,690

902 34

1,667,785

1,847

848 20

1,955,350

2,110

927 38

1,792,863

1,764

903

Q3 2015

1,575,000

97

1,435,000

31

1,330,000

30

2,022,500

24

1,495,000

61

Q3 2015 97

1,738,999

2,032

836 31

1,605,852

1,738

886 30

1,471,224

1,688

882 24

2,042,912

2,524

770 61

1,690,489

1,979

836

Q2 2015

1,572,500

86

1,374,000

28

1,580,000

35

1,897,000

22

1,595,000

55

Q2 2015 86

1,765,129

2,081

827 28

1,598,911

1,888

836 35

1,743,014

1,983

826 22

1,884,932 2,233

807 55

1,745,669

1,972

879

Q1 2015

1,699,000

91

1,499,000

43

1,600,000

35

1,995,000

17

1,595,000

57

Q1 2015 91

1,905,976

2,252

790 43

1,824,993

2,055

801 35

1,846,239

2,114

762 17

2,304,694 2,736

835 57

1,931,575

2,296

793

Q4 2014

1,585,000

90

1,149,000

30

1,199,000

31

1,595,300

26

1,450,000

42

Q4 2014 90

1 ,761 , 5 1 7

2,089

783 30

1,573,455

1,773

824 31

1 , 3 67, 353

1,632

851 26

1 , 8 4 5,727 2,367

742 42

1 ,58 4,41 7 2,010

754

Q3 2014

1,469,500

102

1,250,000

33

1,190,000

33

1,499,999

21

1,469,500

62

Q3 2014 102 1,636,635 2,046

747 33

1,335,320

1,610

816 33

1 , 241 ,03 6

1,516

803 21

1,470,487 2,405

562 62

1 ,591 ,1 68

1,981

698

Q2 2014

1,349,000

81

1,099,000

29

1,253,260

35

1,199,000

12

1,174,000

52

Q2 2014 81

1,454,553

1,924

764 29

1,210,983

1,684

740 35

1,427,415

1,743

762 12

1,201,325

1,768

649 52

1,353,106

1,744

787

1,942

767 28

1,393,354

1,576

791 29

1,334,914

1,748

660 11

1,688,909 2,045

823 34

1,526,257

1,854

777

1,940

659 29

1,521,882

1,959

680 18

1,334,833

1,877

711 39

1,593,762

1,900

732

2,013

725 26

1,296,585 1,834

685 16

1,611,934

2,000

777 53

1,483,692

1,851

745

1,194,435

1,621

740 13

1,018,985

1,716

596 53

1,249,316

1,716

715

1,331,871

1,870

707 9

1,325,222

2,104

2,104 50

1,443,279 2,091

696

1,387,000

68

1,214,950

28

1,077,884

29

1,749,000

11

1,324,500

34

Q1 2014 68

1,544,841

Q4 2013

1,250,000

85

1,125,000

33

1,200,000

29

1,122,000

18

1,350,000

39

Q4 2013 85

1,488,849

1,961

712 33

1,496,021

Q3 2013

1,235,000

85

1,150,000

23

1,046,500

26

1,545,000

16

1,250,000

53

Q3 2013 85

1,489,982 2,005

718 23

1,585,304

Q2 2013

1,099,000

81

1,069,500

36

1,090,000

39

1,049,000

13

1,099,000

53

Q2 2013 81

1,298,649

1,892

691 36

1,220,307

1,621

734 39

Q1 2013

1,189,475

78

1,300,000

41

1,250,000

31

1,179,000

9

1,199,975

50

Q1 2013 78

1,361,990

2,041

678 41

1,349,546

1,899

708 31

Q1 2014

U LT R A L U X

1895 Rising Glen $19,750,000

U LT R A L U X

U LT R A L U X

MEDIAN PRICE

SOLD +9.6%

$/SQFT

SOLD +23%

$5 Million - $10 Million 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

8

$5 Million - $10 Million 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

1,500

1,250

6 5

$/SQFT

$ In The Thousands

7

4

500

1

250

0

0 Q1 2013

Q2 2013

SOLD -7.6%

Q3 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2013

Q1 2016

SOLD -0.7%

$10 Million - $15 Million 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

14

Q2 2013

Q3 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

$10 Million - $15 Million 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

2,000

12

1,750

10

1,500

$/SQFT

$ In The Thousands

750

3 2

8 6

1,250 1,000 750

4

500

2

250 0

0 Q1 2013

Q2 2013

SOLD +21.6%

Q3 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Q1 2013

SOLD +65.2%

$15 Million + 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

35

3,500

30

3,000

25

2,500

$/SQFT

$ In The Thousands

1,000

20 15

Q3 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

$15 Million + 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6

2,000 1,500

10

1,000

5

500

0

Q2 2013

0 Q1 2013

Q2 2013

Q3 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014

Q1 2015

Q2 2015

Q3 2015

Q4 2015

Q1 2016

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Q1 2014

Q2 2014

Q3 2014

Q4 2014