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Condominium Residences | November 2012


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table of contents Los Angeles County | Condominium Residences

Culver City

05

Downtown

07

Hollywood

09

Marina Del Rey

11

Mid Wilshire

13

Santa Monica

15

Silverlake - Echo Park

17

West Hollywood

19

Westwood - Century City

21

Glossary 22


CULVER CITY

Jul - Sep 2011

Jul - Sep 2012

% change

Total properties sold

29

33

+13.8%

Average price (sold)

$325,698

$305,239

-6.3%

$285

$287

+0.9%

Average days on market (sold)

66

82

+24.2%

Average sold price/list price %

97.5%

98.6%

+1.1%

Total pending properties (at end of period)

13

22

+69.2%

Total properties for sale (at end of period)

44

13

-70.5%

$337,285

$372,300

+10.4%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 6

4.8 5

4.2

4.6

4.2 3.7

4

2.9 3

2 2

1.2 0.7

1 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Sold listing history 60 50 40

41

38

35

44

34 29

33

29 25

30 20 10 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published October 2012 based on the data available at the end of September 2012. CLAW does not guarantee or is not in any way responsible for their accuracy. Data maintained by CLAW may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


DOWNTOWN

Jul - Sep 2011

Jul - Sep 2012

% change

Total properties sold

78

98

+25.6%

Average price (sold)

$383,699

$487,034

+26.9%

$366

$441

+20.6%

Average days on market (sold)

60

83

+38.3%

Average sold price/list price %

95.0%

97.7%

+2.7%

49

49

+0.00%

102

59

-42.2%

$675,601

$1,216,293

+80.0%

Average price per square foot (sold)

Total pending properties (at end of period) Total properties for sale (at end of period) Average price of properties for sale

Months’ supply of inventory 7 6

5.5 5

4.6

5

3.9

3.9

4

2.4

3

2.6 1.8

1.8

2 1 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Sold listing history 120

98 100

84

82

87 77

78

80

73

80

65

60 40 20 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published October 2012 based on the data available at the end of September 2012. CLAW does not guarantee or is not in any way responsible for their accuracy. Data maintained by CLAW may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


HOLLYWOOD

Jul - Sep 2011

Jul - Sep 2012

% change

Total properties sold

12

29

+141.7%

Average price (sold)

$326,137

$527,379

+61.7%

$346

$386

+11.6%

Average days on market (sold)

72

93

+29.2%

Average sold price/list price %

94.4%

98.5%

+4.1%

7

13

+85.7%

45

28

-37.8%

$601,530

$615,179

+2.3%

Average price per square foot (sold)

Total pending properties (at end of period) Total properties for sale (at end of period) Average price of properties for sale

Months’ supply of inventory 25

18

20

15

11.2 7.8

10

7.6

5

5

4.6

4.5

2.9

5

0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Sold listing history 35

29 30

26

26 22

25

18

20

15

16 12

15

8

10 5 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published October 2012 based on the data available at the end of September 2012. CLAW does not guarantee or is not in any way responsible for their accuracy. Data maintained by CLAW may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


MARINA DEL REY

Jul - Sep 2011

Jul - Sep 2012

% change

Total properties sold

56

77

+37.5%

Average price (sold)

$774,696

$682,782

-11.9%

$508

$430

-15.2%

Average days on market (sold)

62

103

+66.1%

Average sold price/list price %

101.1%

96.8%

-4.3%

Total pending properties (at end of period)

27

32

+18.5%

Total properties for sale (at end of period)

112

74

-33.9%

$950,878

$1,236,985

+30.1%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 10

8.1

9 8

7.4

7.1

7 6.3

7

6

5.9

6 5

4

4

2.9

3 2 1 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Sold listing history 90

72

80 70 60

77

65 56

53

55

56 46

50

41

40 30 20 10 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published October 2012 based on the data available at the end of September 2012. CLAW does not guarantee or is not in any way responsible for their accuracy. Data maintained by CLAW may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


MID WILSHIRE

Jul - Sep 2011

Jul - Sep 2012

% change

Total properties sold

49

31

-36.7%

Average price (sold)

$296,748

$350,202

+18.0%

$268

$300

+11.9%

Average days on market (sold)

63

61

-3.2%

Average sold price/list price %

97.3%

98.6%

+1.3%

Total pending properties (at end of period)

50

38

-24.0%

Total properties for sale (at end of period)

51

12

-76.5%

$421,769

$451,292

+7.0%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 15

10.5 10

7.6 6.2 4.8 5

3.2

3.1

1.4

1.6

1.2

0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Sold listing history 90 80

74

70 60

47

50

48

49

39

38

40

42 31

29

30 20 10 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published October 2012 based on the data available at the end of September 2012. CLAW does not guarantee or is not in any way responsible for their accuracy. Data maintained by CLAW may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


SANTA MONICA

Jul - Sep 2011

Jul - Sep 2012

% change

Total properties sold

82

122

+48.8%

Average price (sold)

$779,752

$798,887

+2.5%

$566

$647

+14.2%

Average days on market (sold)

89

68

-23.6%

Average sold price/list price %

95.2%

98.9%

+3.7%

Total pending properties (at end of period)

24

18

-25.0%

Total properties for sale (at end of period)

127

65

-48.8%

$862,579

$1,027,155

+19.1%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 7 6

5.4

5.2

4.6

4.5

5

4 3.5

4

3.6

3

2.3 1.6

2 1 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Sold listing history 160 140 120

122 109 96

100

79

82

78

82

73

74

80 60 40 20 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published October 2012 based on the data available at the end of September 2012. CLAW does not guarantee or is not in any way responsible for their accuracy. Data maintained by CLAW may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


SILVERLAKE - ECHO PARK

Jul - Sep 2011

Jul - Sep 2012

% change

Total properties sold

8

8

+0.00%

Average price (sold)

$319,475

$407,750

+27.6%

$276

$347

+25.7%

Average days on market (sold)

57

118

+107.0%

Average sold price/list price %

98.1%

96.8%

-1.3%

Total pending properties (at end of period)

5

-

-

Total properties for sale (at end of period)

8

2

-75.0%

$409,893

$397,550

-3.0%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 15

9

10

5.1 5

4 2.7

3

3

2.7 0.5

0.8

0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Sold listing history 15

12

10

9

9 8

8

7 5 5

3

3

0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published October 2012 based on the data available at the end of September 2012. CLAW does not guarantee or is not in any way responsible for their accuracy. Data maintained by CLAW may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


WEST HOLLYWOOD

Jul - Sep 2011

Jul - Sep 2012

% change

Total properties sold

80

85

+6.3%

Average price (sold)

$492,868

$530,853

+7.7%

$414

$439

+6.1%

Average days on market (sold)

96

75

-21.9%

Average sold price/list price %

95.6%

97.0%

+1.4%

Total pending properties (at end of period)

29

23

-20.7%

Total properties for sale (at end of period)

148

72

-51.4%

$569,246

$858,654

+50.8%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 9 8

7.6

7

5.8

6

5.4

5.6 5

5

3.3

4

3.5 2.5

3

1.8

2 1 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Sold listing history 120

90

100 80

72

75

81

88 80

78

85

71

60 40 20 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published October 2012 based on the data available at the end of September 2012. CLAW does not guarantee or is not in any way responsible for their accuracy. Data maintained by CLAW may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


WESTWOOD - CENTURY CITY

Jul - Sep 2011

Jul - Sep 2012

% change

Total properties sold

102

127

+24.5%

Average price (sold)

$893,344

$819,497

-8.3%

$517

$479

-7.5%

Average days on market (sold)

75

111

+48.0%

Average sold price/list price %

92.6%

93.8%

+1.2%

Total pending properties (at end of period)

42

33

-21.4%

Total properties for sale (at end of period)

262

147

-43.9%

$1,430,869

$1,688,024

+18.0%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 15

12.5 9.6 8.6

10

7.7 6.7

6.3 5.1 4

5

3.5

0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Sold listing history 160

128

140

127

114 120

102 92

100 80

103

90 75

66

60 40 20 0 Jul-Sep 10

Oct-Dec 10

Jan-M ar 11

A pr-Jun 11

Jul-Sep 11

Oct-Dec 11

Jan-M ar 12

A pr-Jun 12

Jul-Sep 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published October 2012 based on the data available at the end of September 2012. CLAW does not guarantee or is not in any way responsible for their accuracy. Data maintained by CLAW may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.



LOS ANGLES COUNTY - CONDO MARKET REPORT