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