Westside Los Angeles Market Report - July 2013

Page 27

MID CITY

Mar - May 2012

Mar - May 2013

% change

Total properties sold

44

60

+36.4%

Average price (sold)

$327,397

$500,143

+52.8%

$213

$278

+30.5%

Average days on market (sold)

52

39

-25.0%

Average sold price/list price %

96.5%

102.0%

+5.5%

Total pending properties (at end of period)

46

34

-26.1%

Total properties for sale (at end of period)

32

34

+6.3%

$407,439

$715,791

+75.7%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 6

5 5

4.1

4 4

3.3

3

2.2 1.7

2

1.7

1.7 1.3

1 0 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

Dec-Feb 13

M ar-M ay 13

Sold listing history 70 60

60

58

58 51

50

50

51

44

42 35

40 30 20 10 0 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

Dec-Feb 13

M ar-M ay 13

Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published June 2013 based on the data available at the end of May 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


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