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Condominium Residences | January 2013


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

Sep - Nov 2011

Sep - Nov 2012

% change

Total properties sold

25

36

+44.0%

Average price (sold)

$290,420

$318,678

+9.7%

$270

$285

+5.6%

Average days on market (sold)

71

44

-38.0%

Average sold price/list price %

95.7%

99.9%

+4.2%

Total pending properties (at end of period)

16

25

+56.3%

Total properties for sale (at end of period)

41

12

-70.7%

$310,528

$448,283

+44.4%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 7

5.8 6

4.9 5

4.1

3.8

4

4 3

1.8

1.5

2

1

0.9 1 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Sold listing history 60

52

50 40

41 33

32

30

36

34

31 25

24

20 10 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published December 2012 based on the data available at the end of November 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

Sep - Nov 2011

Sep - Nov 2012

% change

Total properties sold

59

82

+39.0%

Average price (sold)

$411,730

$465,020

+12.9%

$373

$444

+18.9%

Average days on market (sold)

50

84

+68.0%

Average sold price/list price %

97.5%

98.8%

+1.3%

Total pending properties (at end of period)

62

62

+0.00%

Total properties for sale (at end of period)

81

60

-25.9%

$695,149

$1,266,365

+82.2%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 8 7

6.1

6

4.9

5

3.6

4

3.8

4.1 2.8

3

2.3

2.2 1.7

2 1 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Sold listing history 120

80

99

92

100

74

81

81 73

82

80

59 60 40 20 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published December 2012 based on the data available at the end of November 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

Sep - Nov 2011

Sep - Nov 2012

% change

Total properties sold

28

38

+35.7%

Average price (sold)

$414,970

$549,520

+32.4%

$355

$396

+11.5%

Average days on market (sold)

97

116

+19.6%

Average sold price/list price %

97.5%

98.8%

+1.3%

Total pending properties (at end of period)

8

16

+100.0%

Total properties for sale (at end of period)

51

32

-37.3%

$644,585

$627,716

-2.6%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 40

31.8

35 30 25 20 15

9.6

8.8

10

3.8

5.5

5.7

5.5

3.8

5

2.5

0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Sold listing history 45

38

40 35

28

30

25

25 20

20

20 16 13

15

13

10

5

5 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published December 2012 based on the data available at the end of November 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

Sep - Nov 2011

Sep - Nov 2012

% change

Total properties sold

49

64

+30.6%

Average price (sold)

$631,872

$757,452

+19.9%

$397

$461

+16.2%

Average days on market (sold)

64

101

+57.8%

Average sold price/list price %

98.4%

97.1%

-1.3%

Total pending properties (at end of period)

18

23

+27.8%

Total properties for sale (at end of period)

108

67

-38.0%

$892,954

$1,234,701

+38.3%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 10 9

8

8

7.8 6.8

7.2 6.2

7

6.6 5.4

6 5 4

2.8

3.1

3 2 1 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Sold listing history 120 100

88

80

56 60

54

56

64

57

57 49

43

40 20 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published December 2012 based on the data available at the end of November 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

Sep - Nov 2011

Sep - Nov 2012

% change

Total properties sold

36

35

-2.8%

Average price (sold)

$279,820

$327,717

+17.1%

$249

$299

+20.1%

Average days on market (sold)

49

45

-8.2%

Average sold price/list price %

97.3%

99.5%

+2.2%

Total pending properties (at end of period)

43

38

-11.6%

Total properties for sale (at end of period)

39

19

-51.3%

$411,974

$513,884

+24.7%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 20

15

13.6

8.7

10

9.7

3.2

5

3.2

2.5

2.1 0.6

1.6

0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Sold listing history 70

55

60

48 44

50 40

41 36

32

32

31

35

30 20 10 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published December 2012 based on the data available at the end of November 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

Sep - Nov 2011

Sep - Nov 2012

% change

Total properties sold

71

94

+32.4%

Average price (sold)

$785,405

$792,457

+0.9%

$567

$620

+9.3%

Average days on market (sold)

63

74

+17.5%

Average sold price/list price %

96.2%

98.0%

+1.8%

Total pending properties (at end of period)

27

18

-33.3%

Total properties for sale (at end of period)

111

61

-45.0%

$990,409

$1,148,693

+16.0%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 7 6

5.4 5

5

4.3

4.6

4.8

4.7

4 3

2

2

1.7

1.9

1 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Sold listing history 160

128

140 120 100

103 80

81

88

94

84 71

80

63

60 40 20 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published December 2012 based on the data available at the end of November 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

Sep - Nov 2011

Sep - Nov 2012

% change

Total properties sold

8

8

+0.00%

Average price (sold)

$420,438

$467,375

+11.2%

$359

$361

+0.6%

Average days on market (sold)

67

118

+76.1%

Average sold price/list price %

97.2%

96.9%

-0.3%

Total pending properties (at end of period)

2

-

-

Total properties for sale (at end of period)

11

4

-63.6%

$369,081

$449,475

+21.8%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 15

12

10

8.4 6

5

4.1

3.8 2.4

1.5

1.2 0.3 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Sold listing history 15

10

10

9

10

5

8

4

5

8

5 2

0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published December 2012 based on the data available at the end of November 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

Sep - Nov 2011

Sep - Nov 2012

% change

Total properties sold

76

72

-5.3%

Average price (sold)

$462,332

$479,682

+3.8%

$384

$427

+11.3%

Average days on market (sold)

76

66

-13.2%

Average sold price/list price %

95.7%

97.9%

+2.2%

Total pending properties (at end of period)

27

32

+18.5%

Total properties for sale (at end of period)

125

61

-51.2%

$596,041

$967,870

+62.4%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 10 9

8.1

8

6.5

7 6

4.7

4.9

4.9

5

3.9

4

2

3

2

2.5

2 1 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Sold listing history 120

91

100 80

89

83 76

75 63

89 72

70

60 40 20 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published December 2012 based on the data available at the end of November 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

Sep - Nov 2011

Sep - Nov 2012

% change

Total properties sold

92

111

+20.7%

Average price (sold)

$716,729

$807,565

+12.7%

$457

$477

+4.5%

Average days on market (sold)

68

117

+72.1%

Average sold price/list price %

93.1%

94.0%

+0.9%

Total pending properties (at end of period)

47

40

-14.9%

Total properties for sale (at end of period)

261

133

-49.0%

$1,618,910

$1,790,609

+10.6%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 15

10.8 10

8

7.9

8.5 7.5 5.9 4.3

5

3.6

3.6

0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Sold listing history 160

132

140 120

88

100 80

96

128 111

105

103 92

68

60 40 20 0 Sep-No v 10

Dec-Feb 11

M ar-M ay 11

Jun-A ug 11

Sep-No v 11

Dec-Feb 12

M ar-M ay 12

Jun-A ug 12

Sep-No v 12

Copyright John Aaroe Group 2012. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW. This report is published December 2012 based on the data available at the end of November 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.


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