Hilton & Hyland Market Report Q3 2017

Page 1

MARKET REPORT 2017 Q3

1


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

12

BEL-AIR Bel-Air property remains a consistently stable market in Greater Los Angeles. In fact, Bel-Air enjoyed its most productive Q3 in over two years with the average sales price of homes jumping to $2,257,000, a 9% increase from 2014.

14

BEVERLY HILLS The median price of a sold home in Beverly Hills rose 44% to $2,436,250, the highest point we’ve seen since 2014. With an 11% uptick in the average price per square foot, Beverly Hills undoubtedly continues to sit atop the luxury real estate mountain in the Los Angeles area.

16

BEVERLY HILLS POST OFFICE Beverly Hills Post Office enjoyed its strongest third quarter yet as it rose 21% from 2014, just under an average of $3,000,000. Rising 15% over the last three years, the average price per square foot of a home rose to $874.

18

BRENTWOOD Brentwood remains one of the more stable long-term investments in Greater Los Angeles despite slight quarter-to-quarter volatility. The average price of a sold home rose to $1,900,000, a 51% increase from 2014. There’s no question that Brentwood remains one of the area’s strongest luxury markets.

20

CENTURY CITY Century City continued to assert itself as one of Los Angeles’ most desirable markets. The median price of a sold home was $1,042,500, a 24% increase since Q3 of 2014. Century City witnessed its highest third quarter in the past three years where the average price per square foot of a home enjoyed a 16% increase, rising to $754.

2


22

24

HANCOCK PARK Hancock Park enjoyed its most productive Q3 in over three years. The median price of a home has increased 33% to $1,269,000 over the last three years, which is likely due to the rich history of one of the finest neighborhoods in Los Angeles.

MALIBU Despite slight volatility between quarters, Malibu still enjoyed a 28% increase in the median price of a sold home over the past three years. The highest average square foot dollar in any third quarter since 2014 at $1,263 has helped secure Malibu as one of the area’s strongest luxury markets.

26

28

30

PACIFIC PALISADES Enjoying the highest average median price sold in any quarter over the last three years at $2,799,500, the Pacific Palisades has undoubtedly emerged as a market to be reckoned with. The average price per square foot of a home surpassed previous years at $1,037, and it’s now been nine consecutive quarters of that figure surpassing the $900 mark.

SUNSET STRIP The Sunset Strip remains the most consistently stable market in all of Los Angeles. Rising 7% over the last three years, the median sales price of homes has never dipped below $1.2M and has never risen above $1.5M until now, reaching $1,520,750. This past quarter proves Sunset Strip remains a market with a bright future.

WEST HOLLYWOOD West Hollywood home prices ascended to new heights in the latest quarter, with average price per square foot rising to $731, an 18% increase over the last three years. The median price of a sold home was $938,125, a 28% increase since Q2 of 2014.

34

ULTRA-LUX

Based on information from the Multiple Listing Service as of April 01, 2017. 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.

3


4


Welcome to the Hilton & Hyland Market Report, our examination of the 2017 third quarter sales figures in the Los Angeles real estate market. Since its inception, Hilton & Hyland has become internationally known as the premier Beverly Hills real estate brokerage. In the first quarter, the company enjoyed increased production in the luxury market, having sold the most expensive listing at $48,000,000. In Q2, we wrapped up the highest first two quarters in company history. In the third quarter, we closed Los Angeles’ highest sale of 2017 at $88,000,000. Hilton & Hyland continues to set the tone into the fourth quarter as we launch the famous Johnny Carson Estate. As a leader in the luxury real estate market, it gives us great pleasure to present this comprehensive report. Throughout the following pages, you will find a detailed analysis on all key neighborhoods in the Los Angeles area, along with specific insights into the ultra-luxury market. Hilton & Hyland continues to set the standard for 2017 as we have broken yet another record this past quarter. Not only has June reflected the highest sales volume in the company’s history, but the first two quarters of 2017 have also been the highest in the company’s 24-year-long history. As the founding affiliate of Christie’s International Real Estate, Hilton & Hyland enjoyed seven of Christie’s Top 10 Sales in 2017. With only the premier international brokerages affiliated with Christie’s, having a stronghold in their top sales not only continues to reinforce the company’s position in Los Angeles, but throughout the world. Needless to say, Hilton & Hyland is immensely proud of our agents who have joined together to make 2017 such a stellar year. With only one quarter left before we celebrate 25 years of excellence, Hilton & Hyland is confident new heights will be reached.

Warmest Regards,

5


VILLA FIRENZE BEVERLY PARK $165,000,000

6


HILTON & HYLAND

// $20M+ CURRENT INVENTORY THE VINEYARD

BEVERLY HILLS

CONFIDENTIAL

CHARTWELL ESTATE

BEL-AIR

CONFIDENTIAL

924 BEL-AIR RD

BEL-AIR

$250,000,000

9560 CEDARBROOK DR

BEVERLY HILLS

$250,000,000

594 S MAPLETON DR

HOLMBY HILLS

$200,000,000

VILLA FIRENZE

BEVERLY PARK

$165,000,000

THE PARK

BEL-AIR

$135,000,000

1175 HILLCREST RD

BEVERLY HILLS

6962 WILDLIFE RD

MALIBU

THE BEVERLY WEST

WILSHIRE CORRIDOR

$80,000,000

VILLA SHIFFANOA

VILLEFRANCHE

€65,000,000

7292 EXOTIC GARDEN DR

CAMBRIA COAST

$55,000,000

BELLAGIO ESTATE

BEL-AIR

$55,000,000

22506 PACIFIC COAST HW Y

MALIBU

$52,000,000

1677 N DOHENY DR

SUNSET STRIP

$44,000,000

VILLA ANTIGUA

ISLE OF ANTIGUA

€44,000,000

1231 LAGO VISTA DR

BEVERLY HILLS

$43,900,000

10778 CHALON RD

BEL-AIR

$42,000,000

324 S BURLINGAME AVE

BRENTWOOD

$42,000,000

613 N CANON DR

BEVERLY HILLS

$39,995,000

1911 WESTRIDGE RD

BRENTWOOD

$39,950,000

GREENWAY ESTATE

BEVERLY HILLS

$39,900,000

ANTELO VIEW ESTATE

BEL-AIR

$39,900,000

334 S BURLINGAME AVE

BRENTWOOD

$38, 500,000

320 DELFERN DR

HOLMBY HILLS

$37,000,000

1005 N WOODLAND DR

BEVERLY HILLS

$35,999,000

IL PALAZZETTO

ROME, ITALY

€35, 500,000

VILLA TORNO

LAKE COMO, ITALY

€35,000,000

2 OAKMONT DR

BRENTWOOD

$32, 500,000

HACIENDA PALANCAR

TULUM, MEXICO

$30,000,000

THE CENTURY PH

CENTURY CIT Y

$29,900,000

107 11 STRAIT LANE

DALLAS, TX

335 TROUSDALE PL

BEVERLY HILLS

$27, 500,000

16421 PACIFIC COAST HW Y

PACIFIC PALISADES

$25,000,000

VILLA ESTRELA DO MAR

VILLE FRANCHE

€25,000,000

1737 BEL-AIR RD

BEL-AIR

$24,995,000

MONTAGE BEVERLY HILLS 7E

BEVERLY HILLS

$24, 500,000

642 ST CLOUD

BEL-AIR

$24,000,000

110 N ROCKINGHAM AVE

BRENTWOOD

$23,900,000

2701 VIA ELEVADO

MALAGA COVE

$23,450,000

1737 BEL-AIR RD

BEL-AIR

$22, 500,000

811 N ALTA DR

BEVERLY HILLS

$22,000,000

10727 WILSHIRE #PH4

WILSHIRE CORRIDOR

$20,000,000

$85,000,000 $81, 500,000

$27,995,000

ESTIMATED TOTAL $3,595,384,000 7


HILTON & HYLAND

// 2017 SALES $10 MILLION +

8

BEL-AIR ESTATE

GRAND MALIBU COLONY

$88,000,000

$60,000,000

Represented the Seller

Represented the Seller

BEL-AIR ESTATE

BEVERLY HILLS ESTATE

$38,500,000

$38,000,000

Represented the Buyer

Represented the Seller

BEVERLY PARK, BEVERLY HILLS

CHARING CROSS, HOLMBY HILLS

$29,995,000

$29,000,000

Represented the Buyer

Represented the Buyer

E KATELLA AVE, ANAHEIM

HARTFORD WAY, BEVERLY HILLS

$27,500,000

$27,000,000

Represented the Buyer

Represented the Buyer

ELLICE ST, MALIBU

RIDGEDALE DR, BEVERLY HILLS

$22,900,000

$22,500,000

Represented the Seller + the Buyer

Represented the Seller + the Buyer

LOMA VISTA DR, BEVERLY HILLS

NIMES RD, BEL-AIR

$19,995,000

$19,500,000

Represented the Seller

Represented the Buyer

LAUREL WAY, BEVERLY HILLS

N WHITTIER DR, BEVERLY HILLS

$16,995,000

$16,900,000

Represented the Seller + the Buyer

Represented the Seller

N ALTA DR, BEVERLY HILLS

SIERRA TOWERS, SUNSET STRIP

$14,995,000

$13,500,000

Represented the Seller + the Buyer

Represented the Seller + the Buyer

JIM BRIDGER RD, HIDDEN HILLS

LAYTON WAY, BRENTWOOD

$12,500,000

$12,500,000

Represented the Seller

Represented the Buyer

ANGELO DR, BEVERLY HILLS

N ARDEN DR, BEVERLY HILLS

$11,800,000

$10,995,000

Represented the Buyer

Represented the Buyer


GILCREST DR, BEVERLY HILLS

DELFERN DR, HOLMBY HILLS

$48,000,000

$45,000,000

Represented the Seller + the Buyer

Represented the Seller + the Buyer

STRADELLA RD, BEL-AIR

HOLLYWOOD HILLS ESTATE

$36,000,000

$35,700,000

Represented the Seller + the Buyer

Represented the Buyer

N CRESCENT DR, BEVERLY HILLS

CLIFFSIDE DR, MALIBU

$28,950,000

$25,750,000

Represented the Seller + the Buyer

Represented the Seller

TIONE RD, BEL-AIR

LOS FELIZ ESTATE

$25,700,000

$24,950,000

Represented the Buyer

Represented the Seller

SUMMIT DR, BEVERLY HILLS

HIDDEN VALLEY, BEVERLY HILLS

$21,000,000

$19,995,000

Represented the Buyer

Represented the Seller + the Buyer

CLUB VIEW DR, HOLMBY HILLS

DABNEY LN, BEVERLY HILLS

$19,900,000

$16,995,000

Represented the Seller

Represented the Seller

S CLIFFWOOD, BRENTWOOD

THE CENTURY, CENTURY CITY

$16,495,000

$15,995,000

Represented the Buyer

Represented the Seller

BEVERLY HILLS ESTATE

WINONA AVE, BURBANK

$13,000,000

$13,000,000

Represented the Buyer

Represented the Buyer

MARGUERITA, SANTA MONICA

N TIGERTAIL RD, BRENTWOOD

$12,495,000

$12,950,000

Represented the Seller

Represented the Seller

CARLA RDG, BEVERLY HILLS

S CLIFFWOOD AVE, BRENTWOOD

$10,888,000

$10,800,000

Represented the Seller

Represented the Seller

9


1175 N HILLCREST RD

BEVERLY HILLS $85,000,000

613 N CAÑON DR 10

BEVERLY HILLS $34,900,000


1677 N DOHENY DR

SUNSET STRIP $44,000,000

719 AMALFI DR

PACIFIC PALISADES $19,500,000

11


B E L-A I R

SOLD +9.1%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

3,000

$ In The Thousands

2,500 2,000 1,500 1,000 1,500 0 Q3 2014

Q1 2014

12

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

1 4 , 2 2 3 .0 9

0.75

1 7 0 , 6 7 7. 1 4

9.06

FOR SALE

Q3 2017

Q1 2015

Quarterly Change SOLD

TIME PERIOD

Q3 2015

UNDER CONTRACT

SOLD

EXPIRED

NEW LISTINGS

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties 3,014,500

306

2,347,000

62

2,257,500

52

3,685,000

75

2,685,000

121

Q2 2017 3,374,000

326

2,072,500

56

1,853,500

59

3,995,000

85

3,324,975

156

Q1 2017 2,950,000

291

2,149,000

44

2,158,500

34

2,199,000

78

2,873,500

122

Q4 2016 2,495,500

303

1,495,000

37

1.400.000

45

2,695,000

97

2,724,000

100

Q3 2016

2,470,000

310

1,897,500

42

2,145,000

43

2,999,995

65

2,258,000

116

Q2 2016

2,600,000

313

1,995,000

55

1,822,500

54

2,995,000

65

2,299,000

149

Q1 2016

2,595,000

242

1,650,000

31

2,196,000

24

2,597,500

48

2,695,000

117

Q4 2015

2,950,000

223

2,549,462

26

2,212,500

33

4,092,500

72

2,849,999

59

Q3 2015

2,600,000

259

2,072,500

44

1,925,000

49

2,750,000

51

2,587,500

106

Q2 2015

2,595,000

260

1,999,000

57

2,350,000

47

3,100,000

50

2,485,000

123

Q1 2015

2,660,000

230

1,750,000

45

2,095,000

51

3,399,500

48

2,595,000

90

Q4 2014

2,395,000

235

2,250,000

47

1,495,000

41

2,347,500

48

2,250,000

73

Q3 2014

2,379,000

239

1,472,500

34

1,700,000

41

3,395,000

43

1,900,000

99


B E L-A I R

SOLD +18.7%

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 3 2 0 1 4 - 2 0 1 7

1,600 1,400

$/SQFT

1,200 1,000 800 600 400 200 0 Q3 2014

Q1 2014

Avg $

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

1 4 .1 7

1.56

170.03

18.69

FOR SALE #

Q1 2015

Quarterly Change SOLD $/SQFT

TIME PERIOD

Q3 2015

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

SOLD Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

Q3 2017

306 8,621,459

5,645

1,622 62

4,552,617

4,170

1,137 52

3,844,637

4,427

874

75

7,1 97,7 07

Q2 2017

325 8,548,782

5,975

1,544 56

4,977,554

4,428 1,087 59

4,376,909

4,076 1,060

85

Q1 2017

291 8,746,253 6,224

1,594 44

4,009,973

4,133 1,039 34

3,981,421

4,054 1,014

8,614,024

4,010 2,205 45

6,316,832

Avg $/ SQFT SQFT 1,631

9,500,939

6,337 1,642 157 5,313,005 4,728

1,103

78

5,332,814

5,390 1,137 122 9,432,431

5,797

1,826

7,159,835

5,335

1,121 100 9,228,098

5,777

1,580

Q4 2016

5,776

1,415 37

4,095 1,586

97

Q3 2016

310 6,740,829 5,506

1,230 42

3,471,333

3,656

949 43

3,353,779

3,756

65 7,078,891

Q2 2016

313 7,726,527

5,612

1,279 55

4,376,347

3,895

1,072 54

3,947,398

3,693 1,037

Q1 2016

243 7,734,079

5,681

1,304 31

2,674,447

2,821

960 24

Q4 2015

223 8,390,566

6,115

1,314 26

4,743,970

Q3 2015

259 6,839,599 5,687

1,220 44

Q2 2015

260 6,884,760 5,399

Q1 2015

5,601 1,036

Avg $

121 7,748,648 4,749

303 7,945,963

861

NEW LISTINGS

6,318 1,125 116 4,437,594

4,523

1,051

65

9,366,200

5,795 1,266 149 6,256,644

4,716

1,221

3,683,458 4,063

923

48

6,464,796

5,410 1,384 117 6,689,009 4,999

1,302

4,663 1,058 33

4,118,621

3,400

933

72

9 ,1 8 7,1 6 5

6,150 1,423 59

4,190

1,356

2,679,797

3,246

810 49

2,293,417

3,155

750

51

5,055,412

4,869 1,170 106 6,217,258

4,935

1,217

1,127 57

4,425,893

4,011

938 47

5,281,382

4,760

1,119

50

8,506,702

4,707

981 123 6,233,091

4,689

1,167

230 7,580,274 5,794

1,243 45

5,087,398

4,371

1,116 51

4,241,755

4,330

963

48

10,232,556

6,370 1,684 90 5,950,660

5,151

1,234

Q4 2014

235 6,868,937 5,300

1,167 47

4,252,638

3,934 1,066 41

3,472,217

3,420

977

48

4,300,469

4,483

Q3 2014

235 6,085,168

1,175 34

2,425,321

3,478

2,911,154

4,042

836

43

6,853,453

5,271

835 41

8,094,530

999 73

7,356,226

4,677

1,195

5,515 1,391 99

5,192,090

4,442

1,134

13


B E V E R LY H I L L S

SOLD 44.0%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

3,500

$ In The Thousands

3,000 2,500 2,000 1,500 1,000 500 0 Q3 2014

Q1 2014

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

72,085.63

3.67

8 6 5 , 0 2 7. 6 0

43.99

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

NEW LISTINGS

Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties 5,000,000

313

2,595,000

77

2,436,250

74

5,995,000

93

3,850,000

145

Q2 2017

3,972,500

298

2,900,000

71

3,305,000

84

3,695,000

59

3,495,000

166

Q1 2017

4,995,000

277

3,350,000

79

2,825,000

63

8,274,500

66

3,499,000

139

4,965,000

272

2,995,000

60

2,600,000

85

3,747,000

74

3,895,000

100

Q3 2016

3,895,000

313

1,999,000

66

2,177,500

55

4,800,000

75

3,495,000

164

Q2 2016

4,695,000

299

2,895,000

82

2,430,000

69

6,062,000

68

3,495,000

144

Q1 2016

3,995,000

276

2,272,500

66

2,423,500

77

4,850,000

55

3,350,000

153

Q4 2015

3,597,500

260

2,495,000

78

2,525,000

60

3,375,000

59

3,237,500

116

Q3 2015

3,250,000

249

2,020,500

62

2,002,000

77

3,595,000

43

3,175,000

125

Q2 2015

2,795,000

259

2,100,000

97

2,565,000

101

2,141,500

38

2,120,500

134

Q1 2015

3,000,000

255

2,099,000

84

2,092,000

72

2,285,000

46

3,250,000

131

Q4 2014

2,869,000

246

2,099,000

59

2,168,500

64

3,649,000

63

2,497,500

90

Q3 2014

2,749,500

274

2,129,500

72

1,720,000

77

2,200,000

46

2,124,000

130

Q3 2017

Q4 2016

14

Q1 2015

Quarterly Change SOLD

TIME PERIOD

Q3 2015


B E V E R LY H I L L S

SOLD +11.2%

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 3 2 0 1 4 - 2 0 1 7

1,400 1,200

$/SQFT

1,000 800 600 400 200 0 Q3 2014

Q1 2014

Avg $

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

1 0.1 3

0.93

121.54

1 1 .1 9

FOR SALE #

Q1 2015

Quarterly Change SOLD $/SQFT

TIME PERIOD

Q3 2015

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

SOLD

Avg $/ SQFT SQFT #

Avg $

Q3 2017

313 8,840,847

5,160 1,552

77

5,740,606

3,833

1,214

74

Q2 2017

298 8,038,365 4,954 1,570

71

4,515,006

3,197

1,315

Q1 2017

277 8,661,783 5 ,1 8 2 1,578

79

4,895,594 3,488

1,182

Q4 2016

272 8,389,281 4,779 1,649

60

5,002,040 3,596 1,297

85

4,556,511

Q3 2016

313

7,341,316

4,495 1,552

66

3,087,650 2,896

993

55

Q2 2016

299 7,602,762

4,696 1,532

82

5,614,796

4,207 1,279

69

4,135,897

Q1 2016

276 7,780,763

4,652 1,584

66

3,462,669 3,252

998

77

Q4 2015

260 7,098,513

4,553 1,517

78

4,496,972 3,724

1,197

Q3 2015

249 6,773,823 4,366 1,451

62

4,112,395

2,846

Q2 2015

259 5,735,752

3,949 1,364

97

4,047,227

3,622

Q1 2015

255 6,058,095 4,095 1,452

84

4,874,187

Q4 2014

246 5,433,562 4,344 1,244

59

Q3 2014

274 5,145,776

72

4,174 1,212

EXPIRED

Avg $/ SQFT SQFT #

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

3,075

1,171

93 9,098,761

5,944

1,389 145 8,419,404

4,389

1,562

84 4,447,313

3,359

1,299

59 8,957,559

4,646

1,850 166 6 ,8 11 , 4 63 4,244

1,546

63 4,640,426

3,471

1,160

66 11,330,790

5,917

1,785 139 6,979,355 4,839

1,424

3,644

1,220

74

7,467,276 4,440

1,732 100 8,004,249 4,507

1,560

4,236,124 3,446

1,129

75

8,167,836

5,027

1,546 164 6,097,223 4,068

1,419

3,644

1,146

68

7,564,708 4,713

1,495 144 5,629,849 3,935

1,225

3,610,687

3,363

1,014

55

8,298,670 4,308

1,597 153 6,627,341

4,236

1,431

60

4,119,893

3,609

1,116

59

6,124,443 4,356

1,323 116

6,373,965 4,007

1,557

1,177

77

4,143,739

3,169

1,181

43

7,578,390 4,452

1,545 125 6,151,324

4,051

1,430

1,219

101 4,160,770 3,448

1,129

38

4,610,850 3,343

1,262 134 4,875,783 3,435

1,269

3,622 1,287

72

4,088,772 3,386

1,178

46

6,590,819 3,881

1,760 131

6,515,226

3,927

1,598

5,305,863

4,196 1,2 09

64

4,970,506 4,286

1,161

63

5,274,457 4,664

1,138 90

4,952,838

3,875

1,307

3,973,742

3,454

1,171

77

3,313,005 3,304 1,000

46

5,063,748 3,839

3,597

1,209

4,316,531

1,260 130 4,237,271

15


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

SOLD +21.0%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

3,500

$ In The Thousands

3,000 2,500 2,000 1,500 1,000 500 0 Q3 2014

Q1 2014

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

41,246.04

1.75

494,952.43

20.99

FOR SALE

16

Q1 2015

Quarterly Change SOLD

TIME PERIOD

Q3 2015

UNDER CONTRACT

SOLD

EXPIRED

NEW LISTINGS

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

Q3 2017

3,975,000

285

3,295,000

52

2,770,000

48

4,350,000

91

3,900,000

119

Q2 2017

3,825,000

290

3,499,000

53

3,445,000

48

3,700,000

71

3,350,000

117

Q1 2017

3,999,000

277

2,750,000

24

2,413,000

22

4,772,500

80

3,950,000

119

Q4 2016

3,995,000

280

2,595,000

29

2,850,000

33

3,799,000

93

3,349,000

85

Q3 2016

3,895,000

319

2,495,000

39

2,550,000

42

3,895,000

85

3,595,000

139

Q2 2016

3,995,000

291

3,226,000

41

2,390,000

38

3,999,000

71

3,799,000

145

Q1 2016

3,825,000

237

2,769,000

31

2,350,000

27

3,995,000

60

3,680,000

111

Q4 2015

3,697,450

238

2,495,000

33

2,850,000

45

3,695,000

79

3,695,000

75

Q3 2015

3,350,000

257

2,975,000

45

2,525,000

45

3,095,000

49

3,162,500

112

Q2 2015

3,547,000

252

2,512,000

48

2,775,000

45

4,300,000

59

2,995,000

113

Q1 2015

3,195,000

238

1,995,000

40

1,693,000

31

2,999,888

59

3,645,000

106

Q4 2014

2,999,000

229

3,075,000

39

2,585,000

46

2,997,000

58

2,999,000

74

Q3 2014

2,790,000

235

2,497,000

38

2,681,500

40

2,704,000

42

2,395,000

91


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

SOLD +15.3%

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 3 2 0 1 4 - 2 0 1 7

1200

$/SQFT

1000 800 600 400 200

0 Q3 2014

Q1 2014

Avg $

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

10.59

1.27

1 2 7. 1 2

15.27

FOR SALE #

Q1 2015

Quarterly Change SOLD $/SQFT

TIME PERIOD

Q3 2015

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

SOLD

Avg $/ SQFT SQFT #

Q2 2017

285 7,72 5 ,1 08 5,079 1,273 52

3,931,615

4,127

Q1 2017

290 7,077,960 5,060 1,283 53

5,261,094

Q4 2016

277 7,410,603

5,321 1,254 24

4,507,750

Q3 2016

280 7,018,054

Q2 2016

318

Q1 2016

Avg $

EXPIRED

Avg $/ SQFT SQFT #

982

48

3,548,102

4,116

874 91

4,396

1,100

48

5,553,831

4,673

1,075 71

4,199

1,017

22

3,192,744

5,316 1,238 29

5,339,345 4,869

1,147

33

5,138

1,211 39

3,248,846

3,423

843

291 6,911,758

5,217 1,215 41

3,736,605

3,789

Q4 2015

237 6,218,648

5,242 1,140 31

Q3 2015

238 6,962,896 5,050

1,177 33

4,628,398

Q2 2015

257 6,311,903

4,729

Q1 2015

252 6,371,182

4,912

Avg $ 6,463,132

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

5,061

1,256 119

7,469,583 4,704

1,159

6,492,887

4,971

1,267 117

5,486,064 4,624

1,189

897 80 6,672,650

5,543

1,130 119

6,895,807 4,842

1,184

4,725,314 4,908

975 93 6,215,894

4,831

1,156 85

4,506,069 4,494

1,018

42

3,593,979 3,594

820 85 5,554,388 4,880

1,077 139 5,715,662

4,628

1,103

874

38

2,909,051 3,791

790 71

1,170 145 6,799,705

4,913

1,248

2,744,290 3,682

772

27

3,273,799

4,646

997

4,194

1,072

45

3,912,644 3,922

1,141 45

4,628,398 4,067

1,127

45

1,178 48

3,494,227

3,748

896

Q4 2014

238 5,793,035 4,760 1,129 40

2,874,149

3,419

Q3 2014

229 5,252,065 4,543 1,027 39

4,521,821

Q2 2014

235 5,003,321

4,098,682

6,836,575

4,578 1,054 38

3,522

3,541

6,682,822

5,180

975 60 6,058,042 5,424

1,195 111

5,010,462

7,527,190

4,337

1,084 75

5,738,594 4,622

1,183

4,195,099 3,879

1,031 49 3,818,500

3,738

1,010 112

4,740,642

4,104

982

45

3,254,767 3,927

834 59 5,874,707

5,134

1,199 113

5,347,746

4,655 1,087

831

31

2,319,226

3,132

731 59 4,449,727 4,860

4,190

860

46

3,856,220 4,052

802 58 3,767,076 4,334

889 74

5,511,403

4,148

867

40

3,891,779

857 42 5,360,748 4,053

1,161 91

4,233,998 4,020 1,038

4,181

991 79

997 106 5,385,480 4,749 3,987

1,115 916

17


B R E N T WO O D

SOLD +50.6%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

$ In The Thousands

2,000 1,750 1,500 1,250 1,000 750 500 250 0 Q3 2014

Q1 2014

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

52,942.89

4.22

635,314.64

50.64

FOR SALE

18

Q1 2015

Quarterly Change SOLD

TIME PERIOD

Q3 2015

UNDER CONTRACT

SOLD

EXPIRED

NEW LISTINGS

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

Q3 2017

2,595,000

343

1,695,000

117

1,900,000

129

3,855,000

79

2,590,000

181

Q2 2017

2,495,000

369

2,047,250

144

1 , 7 75 , 0 0 0

135

2,990,000

63

2,395,000

204

Q1 2017

2,350,000

330

1,700,000

97

1,960,000

83

2,787,000

68

2,099,000

198

2,795,000

73

2,499,000

109

Q4 2016

2,500,000

300

1,900,000

95

1,683,750

106

Q3 2016

2,285,000

399

1,572,000

134

1,660,000

135

3,146,500

73

1,999,000

215

Q2 2016

2,395,000

369

1,995,000

125

1,836,000

139

3,149,975

61

2,172,500

206

Q1 2016

2,235,000

341

1,400,000

117

1,420,000

106

2,895,000

62

2,255,000

190

112

1,399,500

116

2,437,000

78

1,899,500

134

Q4 2015

2,067,500

341

1,505,000

Q3 2015

1,995,000

400

1,159,000

121

1,165,000

120

2,497,000

72

1,850,000

221

Q2 2015

1,922,500

380

1,425,000

145

1 , 620,000

148

2,797,000

56

1,895,000

223

Q1 2015

1,845,000

307

1,495,000

103

1,115,000

81

2,595,000

47

1,945,000

179

Q4 2014

1,714,000

300

1,500,000

111

1,722,380

122

2,000,000

61

1,650,000

123

Q3 2014

1,474,500

368

1,149,000

133

1,175,000

139

1,762,500

58

1,275,000

179


B R E N T WO O D

SOLD +27.6%

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 3 2 0 1 4 - 2 0 1 7

1,000

$/SQFT

800

600

400

200

0 Q3 2014

Q1 2014

Q3 2017

Avg $

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

1 7. 3 8

2.30

208.59

2 7. 5 5

FOR SALE #

Q1 2015

Quarterly Change SOLD $/SQFT

TIME PERIOD

Q3 2015

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

343 4,189,580

3,800

885

Q2 2017 269 3,902,331

3,547

992 144 2,943,785

Q1 2017

330 3,558,778

3,559

941

Q4 2016

300 3,934,265

3,743

998

Q3 2016

399 3,574,307

3,426

Q2 2016

369 3,623,189

Q1 2016

117 2,684,461

97

Avg $/ SQFT SQFT # 2,919 2,881

2,959,618

2,956

SOLD Avg $

Avg $/ SQFT SQFT #

906 129 2,672,388 2,807

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

935 79

5,136,093

4,861

906 181

3,929,078 3,772

1,031

2,855

941 63

4,606,222

4,452

950 204 4,004,625 3,473

1,030

3,396,635 3,294

1,015 135 2,680,006 956 83

EXPIRED

990 68

3,886,724

4,240

935 198 3 ,1 2 1 , 5 2 2 3,210

915

1,012 106 2,796,788 2,750

3,942

1,029 109 4,075,304 3,678

1,005

3,399,415

3,116

933 73

4,12 3 ,2 8 4

971

135 2,340,577

2,506

888 136

2,237,630 2,534

844 73

5,124,642

4,222 1,044 215

3,483

973

124 2,707,584

2,827

933 139 2,614,659 2,799

911 61

4,081,745

4,343

907 206 3,118,152

3,186

950

342 3,470,942

3,878

837

117 2,190,017

2,598

843 106 1,774,166

2,417

732 62

3,809,883

6,502

585 190 3,289,539 4,076

802

Q4 2015

342 3,276,931

3,258

918

112 2,629,442

2,711

942 116

2,698,971 2,676

983 78

3,386,704

3,362

952 134 2,867,546 2,988

915

Q3 2015

400 3,106,335

3,155

899

120 2,011,918

2,315

845 120 2,031,141

2,428

819 72

3,678,578

3,813

904 221 2,922,301 2,936

893

Q2 2015

380 2,870,191

3,068

877

145 2,049,099

2,518

792 148 2,106,168 2,604

788 56

3,675,458

3,405

958 223 2,837,246 2,923

933

Q1 2015

307 2,755,618

3,092

834

103 2,200,057

2,653

813 81

1,904,685 2,431

762 47

3,434,086

3,444

871 179 2,801,222 3,120

849

Q4 2014

300 2,468,207

2,905

820

111

2,346

798 122 2,097,433 2,514

850 61

3 ,1 2 1 , 2 2 6

3,653

861 123 2,322,195 2,587

806

Q3 2014

368 2,569,534

3,190

799

133 2,325,965

3,262

741 139 2,250,644 3,389

706 58

3,054,403

3,178

95

1,851,453

3,134,504 3,243

849 179 2,322,195

3,122

941

759

19


CENTURY CITY

SOLD +23.6%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

$ In The Thousands

1,200 1,000 800 600 400 200 0 Q3 2014

Q1 2014

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

16,853.95

1.96

2 0 2 , 2 4 7. 4 1

23.57

FOR SALE

20

Q1 2015

Quarterly Change SOLD

TIME PERIOD

Q3 2015

UNDER CONTRACT

SOLD

EXPIRED

NEW LISTINGS

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

Q3 2017

1,372,000

463

1,099,000

170

1,042,500

166

1,275,000

105

1,199,000

253

Q2 2017

1,299,000

521

1,093,500

216

1,005,000

215

1,439,000

95

1,199,000

308

Q1 2017

1,299,500

460

899,000

175

1 ,1 1 0 , 0 0 0

166

1,812,500

72

1,275,000

255

Q4 2016

1,275,000

447

1,250,000

145

1,080,000

196

1,099,000

99

1,199,500

212

Q3 2016

1,199,000

563

975,000

221

900,000

207

1,362,000

112

1,195,000

301

Q2 2016

1,185,000

581

1,049,000

221

1,055,000

216

1,224,000

98

988,000

315

Q1 2016

1,212,000

540

998,500

194

1,005,000

163

1,406,000

80

1,199,000

330

Q4 2015

1,182,500

516

949,000

177

894,000

182

1,325,000

129

1,064,000

210

Q3 2015

1,096,000

618

849,000

207

820,000

226

1,159,000

105

999,950

323

Q2 2015

1,000,000

614

895,000

221

865,000

223

1,014,500

98

949,000

347

Q1 2015

1,012,500

540

881,500

182

865,000

142

1,050,000

91

899,500

292

Q4 2014

1,050,000

509

849,000

143

802,000

175

1,047,500

118

987,000

194

Q3 2014

995,000

635

859,000

211

1,025,000

225

949,000

109

899,000

289


CENTURY CITY

SOLD +16.2%

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 3 2 0 1 4 - 2 0 1 7

800

$/SQFT

600

400

200

0 Q3 2014

Q1 2014

Avg $

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

8.82

1.35

105.83

16.20

FOR SALE #

Q1 2015

Quarterly Change SOLD $/SQFT

TIME PERIOD

Q3 2015

UNDER CONTRACT

Avg $/ SQFT SQFT #

Avg $

SOLD

Avg $/ SQFT SQFT #

Q3 2017

463 2,186,825

2,307

933

170

1,563,108

Q2 2017

521

2,081,367

2,286

891

216

Q1 2017

460 2,164,245 2,296

924 175

Q4 2016

447 2,021,161

2,271

873

Q3 2016

563 2,002,668 2,383

Q2 2016

581

1,874,300

Q1 2016

540 1,942,555

Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

1,942

799

166 1,448,048 1,901

754 105 2,010,734 2,470

1,579,852

2,012

777

215 1,549,515

1,989

768 95

2,451,878

1,482,672

1,955

747

166 1,481,990 1,964

748 72

2,804,299

145

1,611,977

2,172

742

196 1,538,618

2,144

719 97

842

221

1,463,795

2,041

709

206 1,413,692 2,078

2,338

798

221

1,620,704

2,172

738

216 1,572,785

2,244

864

194

1,424,164

1,986

906

177

1,620,884

921

2,497

982 308 1,786,417

2,200

804

2,784

1,014 255 1,919,938

2,228

857

1,688,183

2,189

775 212 1,637,537

2,051

754

677 112

2,292,433

2,869

805 301 1,945,134

2,256

864

2,125

733 98

1,918,823

2,202

864 315

1,519,781

2,250

670

719

164 1,461,995 2,060

709 80

2,030,682 2,220

913 330 1,648,110

2,155

757

2,043

796

182 1,470,945 1,953

755 129

2,190,456 2,547

865 210 1,739,960

2,220

786

2,205

790 323 1,630,905

2,064

794

892 347 1,631,420

2,078

788

739 292 1,434,818

2,097

679

701 194 1,503,444 2,043

728

791 289 1 , 6 2 7, 9 1 1

738

2,082,497 2,308

Q3 2015

618

1,895,984

2,182

871

207

1,342,549

1,897

711

226 1,393,337 2,028

690 105 1,758,412

Q2 2015

614

1,828,369

2,221

846

221

1,402,195

2,079

674

223 1,303,582 1,977

660 98

2 ,02 1,155 2,265

Q1 2015

540 1,828,369 2,243

811

182

1,346,200

1,998

675

142 1,231,280 1,932

639 91

1,709,011

1,817

670

175 1,311,696

633 118

1,618,984 2,308

2,111

655

225 1,450,073 2,090

2,223

823

143

1,257,582

Q3 2014

635 1,783,255

2,247

791

211

1,381,819

Avg $/ SQFT SQFT 2,167

516

509 1,845,240

Avg $

794 253 1,985,313

Q4 2015

Q4 2014

NEW LISTINGS

2,030

693 109 1,772,883

2,261

2,262

2,211

21


H A N C O C K PA R K

SOLD 32.7%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

$ In The Thousands

1200 1000 800 600 400 200 0 Q3 2014

Q1 2014

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

24 ,1 5 9 .0 4

2.72

289,908.43

32.68

FOR SALE

22

Q1 2015

Quarterly Change SOLD

TIME PERIOD

Q3 2015

UNDER CONTRACT

SOLD

EXPIRED

NEW LISTINGS

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

Q3 2017

1,489,000

346

1,395,000

127

1,269,000

134

1,500,000

107

1,492,500

196

Q2 2017

1,250,000

384

992,500

160

1,045,000

168

1,389,500

74

1,195,000

213

Q1 2017

1,299,450

406

1,192,000

144

1 ,1 1 1 , 875

118

1,442,000

91

1,220,000

234

Q4 2016

1,349,000

367

1,285,000

102

1,267,400

118

1,349,000

93

1,349,000

142

Q3 2016

1,225,217

462

1,099,000

145

1,080,000

165

1,195,000

93

1,279,000

253

Q2 2016

1,150,000

465

1,082,500

176

1,015,000

161

1,100,000

84

1,186,000

254

Q1 2016

1,100,000

425

899,450

134

877,825

112

1,300,000

80

1,099,000

277

Q4 2015

1,124,500

386

999,900

123

1,042,500

124

1,164,500

115

1,099,500

174

Q3 2015

1,012,500

456

1,049,900

111

960,000

129

925,000

133

1,049,900

249

Q2 2015

985,000

461

937,000

170

969,500

162

989,000

85

1,035,500

273

Q1 2015

949,474

398

998,500

132

915,000

121

1,049,000

78

940,000

247

Q4 2014

937,500

424

900,000

139

925,000

129

899,000

134

912,500

172

Q3 2014

950,000

463

995,000

122

951,000

139

899,500

89

950,000

245


H A N C O C K PA R K

SOLD +19.9%

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 3 2 0 1 4 - 2 0 1 7

600

$/SQFT

500

400

300

200

100

0 Q3 2014

Q1 2014

Avg $

Q3 2017

346 1,871,725

Q2 2017

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

8.33

1.65

98.90

19.86

FOR SALE #

Q1 2015

Quarterly Change SOLD $/SQFT

TIME PERIOD

Q3 2015

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

3,121

648 196

1,788,331

1,951,241

3,309

583 213

1,603,074 2,589

2,217,090

2,975

745 234 1,672,845

93

1,810,028

3,128

574 142

570

92

1,522,546

2,716

553 253 1,635,215

2,611

622

2,367

560

83

1,437,489

2,591

540 253 1,628,107

2,777

585

1,355,514

2,454

553

80

1,560,332

2,774

554 277 1,403,888 2,505

557

2,422

600 124 1,456,755

2,542

561

115

1,362,501

2,780

489 174

2,582

554

1,351,275

2,580

506 129 1,313,242

2,496

521

133 1,407,125

2,593

543 249 1,372,558 2,494

543

521 170

1,368,319

2,402

568 162 1,263,213

2,315

546

85

1,174,141

2,540

454 273 1,487,506

2,714

549

2,498

478 132

1,173,218

2,461

469 121

1,249,884

2,517

484

78

1,350,684 2,577

495 247 1,210,024

2,362

506

424 1,225,760

2,510

480 139

1,314,114

2,461

530 129 1,378,364

2,534

545

134 1,117,934

2,323

479 172

1,277,759

2,544

496

463 1,283,482

2,594

488 122

1,437,941

2,679

2,734

490

89

2,779

481 245 1,194,729

2,393

493

1,673,521

620 134 1,622,493

2,633

616

107 2,022,887

2,351

572 168 1,353,966

2,335

580

74

2,776

554 118

1,699,489

2,918

568

91

2,680

684 118

1,569,746

2,628

597

1,474,662

2,502

589 165 1,406,527

2,472

566 176

1,402,572

2,500

560 162 1,330,091

2,590

549 134

1,301,249

2,341

558 113

2,659

539 123

1,456,633

527 111

2,622

398 1,221,439

Q4 2014 Q3 2014

2,936

632 127

384 1,710,321

2,826

601 160 1,345,421

Q1 2017

406 1,817,501

2,966

610 144 1,533,625

Q4 2016

367 1,927,119

2,925

649 102 1,886,865

Q3 2016

452 1,683,722

2,779

602 145

Q2 2016

467 1,553,384

2,733

Q1 2016

427 1,431,113

Q4 2015

388 1,437,711

Q3 2015

456 1,436,205 2,646

Q2 2015

461 1 ,370,941

Q1 2015

2,699

531 139 1,368,464

1,335,685

2,803

631 617

2,971

564

1,994,883 2,830

688

1,438,174

23


MALIBU

SOLD +28.2%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

$ In The Thousands

2,400

2,000

1,600

1,200

800

400

0 Q3 2014

Q1 2014

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

38,048.81

2.35

4 5 6 , 5 8 5 . 74

28.21

FOR SALE

24

Q1 2015

Quarterly Change SOLD

TIME PERIOD

Q3 2015

UNDER CONTRACT

SOLD

EXPIRED

NEW LISTINGS

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

Q3 2017

2,485,000

711

2,197,000

95

2,150,000

103

2,999,999

185

2,199,500

216

Q2 2017

2,582,000

752

1,995,000

114

1,650,000

95

2,830,000

143

2,449,500

280

Q1 2017

2,530,000

688

2,199,000

85

2,250,000

73

2,449,000

131

2,775,000

239

Q4 2016

2,495,000

673

2,650,000

55

1,930,000

63

2,675,000

169

2,481,500

162

Q3 2016

2,498,500

772

1,850,000

107

1,934,102

115

3,750,000

154

2,399,000

227

Q2 2016

2,495,000

798

1,950,000

111

2,100,000

119

2,595,000

144

2,596,950

292

Q1 2016

2,295,000

755

1,899,000

105

1,795,000

75

2,395,000

144

2,695,000

271

Q4 2015

2,250,000

711

2,475,000

71

2,000,000

87

2,497,000

158

2,100,000

179

Q3 2015

2,274,500

778

1,945,000

96

1,735,000

93

2,335,000

150

2,250,000

259

Q2 2015

2,100,000

735

1,695,000

106

1,667,500

113

1,822,500

110

2,212,000

268

Q1 2015

1,990,000

683

1,362,000

102

1,367,500

84

2,395,000

114

1,897,000

272

Q4 2014

2,195,000

658

1,895,000

93

1,700,000

89

2,295,000

154

1,949,000

139

Q3 2014

1,996,250

786

1,897,000

98

1,750,000

107

1,749,000

169

1,787,500

232


MALIBU

SOLD +28.1%

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 3 2 0 1 4 - 2 0 1 7

1,400 1,200

$/SQFT

1,000 800 600 400 200 0 Q3 2014

Q1 2014

Q1 2015

Q3 2016

Q1 2016

Q3 2017

Quarterly Change

Quarterly % Change

Total Change

Total % Change

22.92

2.34

275.09

28.08

SOLD $/SQFT FOR SALE

UNDER CONTRACT

#

Avg $

Q3 2017

711

4,827,703 3,637 1,504

95

3,775,921

Q2 2017

752 4,852,960 3,642 1,527

114

3,676,149

TIME PERIOD

Q3 2015

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

SOLD Avg $

3,031 1,390 103 3,581,285

EXPIRED

Avg $/ SQFT SQFT #

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT

3,234

1,263 185 4,814,731

1,328 143 4,912,496 3,940 1,407 280 4,502,877 3,409 1,476

3,678

1,324 216 4,188,142

3,241 1,249

2,733

1,315 95

3,487,478

2,450

3,427,089

3,120

1,221 131 5,249,408

3,831 1,640 239 5,015,766 3,372 1,539

688 4,923,779 3 , 6 9 2 1,552

85

3,661,965

2,990

1,364 73

Q4 2016

673 4,857,195

3,827 1,529

55

3,775,614

3,382

1,254 63

3,069,322

3 ,1 5 2

1,163 169 5,162,377

3,783

Q3 2016

772 4,736,220

3,818

107

3,422,036 2,838

1,207 116

3,142,304

2,795

1,063 155 5,693,262

4,400

Q2 2016

798 4,472,823 3,572 1,509

111

2,783,315

2,531

1,121 119

2,787,116

2,573

1,157 144 3,855,828

3,226

Q1 2016

753 4,184,964

3,575 1,464

105

2,931,366

2,763

1,157 75

3,214,213

2,898

1,167 144 3,796,344

3,490

4,195,965

3,574 1,477

71

3,739,606 3,046

1,222 87

3,203,759

3,017

1,088 158 4,799,918

96

3,342,971

2,426

1,368 93

2,646,070

2,531

1,110 150 3,853,723

3,390

1,343 259 3,341,305

3,051

2,479,151

2,677

925 110 3,426,640

3,170

1,473 268 3,772,219

3,138 1,286

799 114

Q1 2017

1,517

1,551 162 5,294,130

3,648 1,495

1,619 227 4,150,348 3,493 1,349 1,458 290 4,353,148

3,189

1,411

1,321 271

4,399,516

3,598 1,397

3,890 1,490 179

4,457,208

3,511 1,570

Q4 2015

711

Q3 2015

778 3,975,939 3,378

Q2 2015

735 3,948,700

3,361 1,407

105

2,806,433 2,738

1,104 113

Q1 2015

683 3,735,141

3,382 1,360

100 2,005,088 2,826

832 84

2,007,424

2,689

954 89

2,522,456

2,781

1,039 154 4,011,231

3,477

1,470 139 2,854,520 2,986 1,063

2,918

1,204 169 3,234,662

3,145

1,275 232 2,724,985 2,850

1,411

Q4 2014

658 3,786,799 3,443 1,387

92

2,511,957

Q3 2014

786 3,849,034 3,439

97

3,915,785

1,415

3,290 2,617

1,367 107 3,276,141

3,993,352 3,694

1,323 272 3,348,268

3,079

1,313

1,211

1,154

25


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

SOLD +22%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

2,800

$ In The Thousands

2,400 2,000 1,600 1,200 800 400 0 Q3 2014

Q1 2014

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

3 8 , 9 0 9 .1 6

1.84

466,909.87

21.99

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

NEW LISTINGS

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

Q3 2017

3,195,000

274

2,797,000

90

2,799,500

94

3,499,000

61

2,895,000

137

Q2 2017

3,050,000

289

2,547,500

100

2,500,000

101

3 , 6 97, 475

52

2,995,000

167

Q1 2017

2,999,999

252

2,610,000

2,985,000

132

Q4 2016

3,292,500

275

76

2,575,000

68

3,772,500

54

2,795,000

75

2,327,000

84

3,949,500

80

2,995,000

104

333

2,400,000

86

2,460,000

100

3,544,500

76

2,599,000

165

356

1,995,000

124

1,965,000

109

3,622,500

64

2,865,000

204

300

2,285,000

85

2,467,008

76

2,500,000

63

2,699,000

173

2,595,000

278

2,390,000

74

2,400,000

81

2,900,000

77

2,299,000

115

2,695,000

307

2,295,000

92

2,297,750

102

2,645,000

52

2,225,000

163

2,799,500

294

2,300,000

110

2,302,500

120

3,747,500

40

2,773,000

180

Q1 2015

2,725,000

256

2,295,000

100

2,444,406

74

2,995,000

42

2,442,500

150

Q4 2014

2,499,000

233

1,895,000

70

1,930,000

75

2,995,000

57

2,195,000

99

Q3 2014

2,195,000

278

1,895,000

99

2,174,800

124

2,695,000

45

1,995,000

148

Q3 2016 Q2 2016 Q1 2016 Q4 2015 Q3 2015 Q2 2015

26

Q1 2015

Quarterly Change SOLD

TIME PERIOD

Q3 2015

2,999,500 2,895,000 2,695,000


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

SOLD +16.7%

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 3 2 0 1 4 - 2 0 1 7

1,000

$/SQFT

800

600

400

200

0 Q3 2014

Q1 2014

Avg $

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

12.01

1.39

1 4 4 .1 1

16.68

FOR SALE #

Q1 2015

Quarterly Change SOLD $/SQFT

TIME PERIOD

Q3 2015

UNDER CONTRACT

Avg $/ SQFT SQFT #

Q3 2017

274 4,072,031 3,694 1,103 90

Q2 2017

Avg $ 3,262,179

SOLD

Avg $/ SQFT SQFT #

Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

Avg $/ SQFT SQFT #

Avg $/ SQFT SQFT

3,353,932

3,242 1,037

61

287 4,097,760 3,730 1,092 102 3,486,843

2,954

3,165,881

2,978

999

52 4,951,709

4,555 1,076 167 3,791,836

Q1 2017

248 4,484,355

3,893 1,089

3,578,740

3,411

968

54 5,880,035

4,660

1,127 132 3,956,924

3,712 1,078

Q4 2016

273 4,777,557

4,097

Q3 2016

333 4,577,452

Q2 2016

356 4,359,146 3,655 1,087 124

Q1 2016

300 3,901,896

68

3,628

Avg $

3,272 1,003 94 1,106 101

4,059,649

NEW LISTINGS

1,120 137 3,924,502

3,387

1,116

3,536 1,059

76

3,441,044

3,248

968

1,112 75

3,647,643

3,274

1,031 84

3,314,982

3,066

948

80 5,406,394

4,921

1,181 104 4,026,224

3,671 1,087

3,887 1,092 87

3,092,148

2,984

988 99

2,779,442

2,765

989

76 4,756,236

3,914

1,091 165 3,632,629

3,365 1,032

2,680,995

2,594

977 109 2,471,305

2,721

920

64 4,555,500

3,944 1,088 204 4,325,363 3,659 1,092

3,467 1,065 85

2,652,697 2,902

913 76

2,725,060

2,803

905

63 4,367,581

3,566 1,208 173 3,762,059

3,331 1,027

2,575,797

2,934

905

77 3,918,084

3,677 1,005 115

2,885,002

2,888

941

Q4 2015

278 3,687,639 3,368 1,044 74

2,753,223

2,759

949 81

Q3 2015

307 3,690,698 3,555 1,027 92

2,931,858

3,195

935 102 3,020,653

3,202

933

52 3,267,788

3,677

952 163 3,103,524

3,150

990

Q2 2015

294 3,966,764

3,771 1,061 110

3,278,126

3,300 1,008 120 2,980,661

3,053

985

40 4,676,792

4,415

1,165 180 3,537,126

3,526

1,019

Q1 2015

256 3,903,189 3,759 1,029 100 2,894,590 3,244

887 74

2,874,719

3,282

883

42 4,290,748

3,996 1,079 150 3,614,932

3,530 1,056

858 75

2,256,835

2,823

804

57

4,077,266

4,038

3,317,069

3,254

933

891 124 2,758,019

3,069

894

45 3,725,814

3,297

889 148 2,874,358

3,109

925

Q4 2014

233 3,627,158

3,632

976 70

2,224,961 2,654

Q3 2014

278 3,383,459

3,444

951 99

2,587,899

2,898

1,051 99

27


SUNSET STRIP

SOLD +6.6%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

1,600

$ In The Thousands

1,400 1,200 1,000 800 600 400 200 0 Q3 2014

Q1 2014

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

7, 6 7 0 . 4 6

0.55

92,045.57

6.61

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

NEW LISTINGS

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

Q3 2017

2,090,000

709

1,400,000

147

1,520,750

152

2,449,000

225

1,975,000

Q2 2017

1,999,000

718

1,695,000

174

1,548,500

174

2,319,000

168

1,875,000

377

2,095,000

350

333

Q1 2017

2,000,000

678

1,499,000

166

1,550,000

144

2,675,000

171

Q4 2016

1,995,000

646

1,650,000

123

1,475,000

125

1,999,000

195

1,849,500

258

145

1,379,565

148

2,699,000

174

1,950,000

317

160

1,315,000

157

2,495,000

153

1,782,000

372

139

Q3 2016 Q2 2016

1,995,000 1,899,000

707 703

1,189,000 1,291,500

1,899,500

632

1,399,000

149

1,450,000

2,195,000

153

1,750,000

324

Q4 2015

1,849,000

609

1,400,000

144

1,367,000

150

1,849,000

157

1,835,000

235

Q3 2015

1,749,500

698

1,249,500

150

1,340,000

159

1,950,000

175

1,562,000

338

Q2 2015

1,799,000

658

1,562,500

170

1,380,000

173

2,294,000

128

1,724,500

320

Q1 2015

1,847,000

593

1,399,000

146

1,443,000

122

1,995,000

109

1,895,000

307

Q4 2014

1,699,000

569

1,399,500

130

1,457,500

138

1,714,000

154

1,685,000

211

Q3 2014

1,599,000

649

1,365,000

133

1,487,500

150

1,599,500

158

1,695,000

282

Q1 2016

28

Q1 2015

Quarterly Change SOLD

TIME PERIOD

Q3 2015


SUNSET STRIP

SOLD +0.9%

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 3 2 0 1 4 - 2 0 1 7

1,000

$/SQFT

800

600

400

200

0 Q3 2014

Q1 2014

Avg $

Q3 2017

709 3,323,219

Q2 2017 Q1 2017

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

0.60

0.07

7. 1 4

0.87

FOR SALE #

Q1 2015

Quarterly Change SOLD $/SQFT

TIME PERIOD

Q3 2015

UNDER CONTRACT

Avg $/ SQFT SQFT # 3,193 1,026

Avg $

147 1,931,965

SOLD

Avg $/ SQFT SQFT #

Avg $

EXPIRED

Avg $/ SQFT SQFT #

Avg $

NEW LISTINGS

Avg $/ SQFT SQFT #

Avg $

2,318

823

152 2,027,507

2,451

839

225 3,563,031

3,295 1,041 333 2,763,160

718 3,270,152 3,093 1,038

174 2,021,478 2,404

3,261 1,080 375 3,141,724

678 3,110,268

857

174 1,781,619

2,271

779

168 3,672,663

3,077

998

166 2,005,200

2,391

838

144 2,081,891

2,410

869

171 3,554,331

3,312 1,079

Q4 2016

646 2,991,324 3,054

981

123 2,197,915

2,429

808

125 1,984,738

2,413

747

195 2,994,379

Q3 2016

707 2,995,037

3,105

960

145 1,833,515

2,208

823

148 1,853,794

2,191

848

Q2 2016

703 3,163,053

3,165 1,038

160 1,856,602

2,311

869

157 1,917,211

2,298

Q1 2016

632 3,050,402 3,033 1,042

149 2,313,549

2,341

949

139 2,375,312

Q4 2015

609 3,128,246

144 2,195,282

2,568

888

Q3 2015

698 2,901,369 2,833

975

150 1,682,345

2,146

Q2 2015

658 2,877,563

2,817

977

170 2,114,093

Q1 2015

593 2,860,708 2,907

977

Q4 2014

569 2,558,799 2,922

Q3 2014

649 2,328,205 2,940

Avg $/ SQFT SQFT 3,011

945

2,887 1,031

348 2,944,612

2,923

958

3,156

977 258 2,860,937

2,879

972

178 3,806,253

3,813

989 317 2,619,677

2,878

888

804

154 4,185,161

3,742 1,209 372 2,870,034

2,956

959

2,512

940

153 2,799,615

2,963

2,983

999

150 1,817,457

2,372

799

157 3,584,654

3,087 1,033 235 2,985,574

2,756 1,036

737

159 1,699,615

2,094

743

175 3,271,087

2,975 1,036 338 2,816,908

2,727

920

2,366

846

173 1,949,090 2,326

812

128 3,601,562

2,561

921

146 1,946,294

2,247

875

122 2,159,343

2,574

874

109 3,180,114

3,357

942 308 2,888,725

2,790

959

933

130 2,271,118

2,630

880

138 2,068,271 2,490

833

154 2,298,954

2,975

866 211

2,616

957

868

133 1,902,768

2,449

774

150 2,011,938

778

158 2,203,110

3,006

824 282 2,311,965

2,880

816

2,950 1.029

2,532

926 324 2,783,153

3,161 1,004 320 2,586,962

2,588,205

29


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

SOLD +28.0%

MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

$ In The Thousands

1,000

800

600

400

200

0 Q3 2014

Q1 2014

Q3 2016

Q1 2016

Q3 2017

Quarterly % Change

Total Change

Total % Change

1 7, 3 7 7. 2 0

2.34

208,526.44

29.03

FOR SALE

30

Q1 2015

Quarterly Change SOLD

TIME PERIOD

Q3 2015

UNDER CONTRACT

SOLD

EXPIRED

NEW LISTINGS

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

Q3 2017

1,199,000

417

935,000

153

938,125

151

1,499,000

113

1,198,500

252

Q2 2017

1,128,056

392

943,000

149

855,000

158

1,432,000

80

1,062,500

220

Q1 2017

1,089,000

413

872,000

160

907,500

130

1,224,500

81

975,000

253

Q4 2016

1,099,000

369

950,000

114

1,000,000

141

1,099,000

95

992,000

152

Q3 2016

1,049,900

454

881,500

158

865,000

155

1,112,500

79

999,700

276

Q2 2016

1,035,892

408

975,000

163

940,500

160

998,000

67

1,014,000

258

Q1 2016

995,000

343

840,000

136

870,000

135

1,095,000

57

899,000

228

Q4 2015

1,095,000

330

899,000

143

815,000

147

1,285,000

72

1,090,000

164

Q3 2015

988,000

395

799,000

151

794,500

148

1,099,500

78

899,500

235

Q2 2015

960,000

407

748,194

168

770,000

177

1,200,000

79

899,000

237

Q1 2015

945,000

305

799,000

174

775,500

148

1,149,000

61

945,000

250

Q4 2014

919,000

373

789,900

119

753,000

129

1,100,000

99

923,000

165

Q3 2014

829,000

426

775,000

131

743,500

149

799,000

87

799,000

239


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

SOLD +17.5%

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 3 2 0 1 4 - 2 0 1 7

800

$/SQFT

600

400

200

0 Q3 2014

Q1 2014

Q3 2015

Q1 2015

Q1 2016

Q3 2017

Quarterly Change

Quarterly % Change

Total Change

Total % Change

8.89

1.46

106.63

1 7. 4 9

SOLD $/SQFT FOR SALE

UNDER CONTRACT

Avg $/ SQFT SQFT #

SOLD

#

Avg $

Q3 2017

417

1,646,569

2,183

728 153 1,238,023

Q2 2017

392 1,546,425 2,043

729 149 1,262,454

1,711

Q1 2017

403 1,430,543 2,054

675 160 1,239,980

1,870 1,658

735 141

TIME PERIOD

Q3 2016

Avg $

Avg $/ SQFT SQFT #

1,233,407

1,573

735 151

Avg $

EXPIRED

Avg $/ SQFT SQFT #

1,328,837

1,758

731 113

726 158 1,213,512

1,817

648 80

639

1,579

676 81

1,812

676

130 1,107,853 1,272,690

Avg $/ SQFT SQFT #

1,877,147

Avg $

Avg $/ SQFT SQFT

2,276

787 254 1,630,358

2,205

721

1,814,403 2,409

732 220 1,557,096

2,017

737

1,559,691

2,352

644 253 1,358,730

1,966

682

1,655,949 2,299

692 152 1,322,274

1,676

743

Q4 2016

365 1,481,950

2,052

690 114

Q3 2016

454 1,449,442

2,014

688 158 1,189,568

1,642

700 155 1,091,185

1,524

708 79

1,587,316

1,992

739 276 1,374,190

1,943

682

Q2 2016

408 1,380,045

1,853

720 163 1,218,198

1,664

723 160 1,139,124

1,675

675 67

1,266,670

1,610

787 258 1,348,446

1,762

740

Q1 2016

343 1,326,575

1,860

687 136 1,068,046 1,509

688 135 1,129,186

1,601

688 57

1,659,682

2,345

679 227 1,231,296

1,696

698

Q4 2015

330 1,357,321

1,862

703 143 1,139,830

1,597

688 147 1,092,251

1,403

741 72

1,536,676

1,870

791 164 1,264,979

1,758

676

Q3 2015

395 1,293,368

1,747

1,382

731 148 997,316

1,492

659 78

1,456,140

2,024

675 235 1,192,083

1,621

712

Q2 2015

407 1 ,3 39,677

1,861

1,491

666 177 9 8 1 ,1 1 5

1,513

627 79

1,856,846 2,503

654 237 1,2 3 0,1 0 9

1,725

693

Q1 2015

405 1,311,070

1,830

672 174

1,108,279

1,611

644 148 1,083,706

1,601

627 61

1,384,099

1,825

723 250 1,2 51 , 9 8 4

1,832

666

Q4 2014

373 1,242,704

1,766

648 119

980,548

1,529

618 129 943,958

1,613

589 99

1,301,578

1,964

628 165 1,241,312

1,741

626

Q3 2014

426 1,112,811

1,683

634 131

971,451

1,589

598 149 947,312

1,578

573 87

1,012,474

1,573

606 239 1,077,538

1,617

629

717 151

1,038,689

686 168 998,910

95

Avg $

NEW LISTINGS

31


32


U LT R A - L U X

33


U LT R A - L U X SOLD +4.4%

MEDIAN PRICE

$5 Million - $10 Million 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

8

$ In The Millions

7 6 5 4 3 2 1 0 Q3 2014

SOLD +0.6%

Q1 2014

Q3 2015

Q1 2015

Q3 2016

Q1 2016

Q3 2017

Q3 2016

Q1 2016

Q3 2017

Q3 2016

Q1 2016

Q3 2017

$10 Million - $15 Million 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

14

$ In The Millions

12 10 8 6 4 2 0 Q3 2014

SOLD -19.2%

Q1 2014

Q3 2015

Q1 2015

$15 Million + 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

35

$ In The Millions

30 25 20 15 10 5 0 Q3 2014

34

Q1 2014

Q3 2015

Q1 2015


U LT R A - L U X SOLD +0.8%

$/SQFT

$5 Million - $10 Million 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

1,400 1,200

$/SQFT

1,000 800 600 400 200 0 Q3 2014

SOLD +4.6%

Q1 2014

Q3 2015

Q1 2015

Q3 2016

Q1 2016

Q3 2017

Q3 2016

Q1 2016

Q3 2017

Q3 2016

Q1 2016

Q3 2017

$10 Million - $15 Million 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

1,800 1,600

$/SQFT

1,400 1,200 1,000 800 600 400 200 0 Q3 2014

SOLD +24.2%

Q1 2014

Q3 2015

Q1 2015

$15 Million + 3 Ye a r s ( Q u a r t e r l y ) Q 3 2 0 1 4 - 2 0 1 7

3,000

$/SQFT

2,500

2,000

1,500

1,000

500

0 Q3 2014

Q1 2014

Q3 2015

Q1 2015

35


36

250 North CaĂąon Dr, Beverly Hills, CA 90210 | +1 310.278.3311 | CalBRE#: 01160681


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