WHAT IS A MARKET WITHIN A MARKET? Just as the weather is different from Los Feliz to Santa Monica so is the Real Estate climate. While it may be cloudy & overcast in Marina del Rey, at the same exact time, it may be warm & sunny in the Mid Wilshire area. The Real Estate market works the same way. Year-to-year there may be a significant sales increase in Venice while at the same time there is an alarming drop in sales price from the Palms – Mar Vista area even though they are literally blocks from one another.
With our vast years of experience, we at Keller Williams have come to notice that like the need for a sweater by the beach and a T-shirt in the Valley, every market within a market has a very different
climate and therefore requires its own set of statistics for you to truly understand what is going on in your neighborhood. Although you can easily access the broad national, state, and/or country trends published by the media, they may not have anything to do with what is occurring in your own backyard. After all, you wouldn’t watch a weather channel report for Seattle to decide if you
need an umbrella that day would you?
WHY THIS BENEFITS YOU – OUR CLIENT Our extensive experience & knowledge has led us to notice that markets within markets may be performing in a different way from one another and from national averages.
With the current stringent lending situation, having knowledge of the specialized market trends for the neighborhood you are contemplating is vital for true success in your transaction.
Don’t be mislead by ideas that are not actual facts. What is in fact occurring in the markets of those areas may be counterintuitive of notions or ideas you may have perceived from national averages. Knowledge is power and knowing all the facts will give you the power to make the most educated choice.
BEL AIR – HOMBLY HILLS
SFR
Median Price ……………………..…….
$2,686,194
Median Price ……………………..…….
$1,060,000
-60.5%
Average Price per Square Foot ….…
$533
Average Price per Square Foot ….…
$946
77.5%
Properties Sold ……………………….
14.0
Properties Sold ……………………….
15.0
7.1%
Properties Pending Sale ………………
17.0
Properties Pending Sale ………………
12.0
-29.4%
Properties For Sale …………….……...
179.0
Properties For Sale …………….……...
117.0
-34.6%
Days on Market (Pending Sale) ….…..
83.1
Days on Market (Pending Sale) ….…..
75.8
-8.7%
Month’s supply of Inventory……….…
8.2
Month’s supply of Inventory……….…
7.8
-5.2%
Percent Under Contract ………….……
9.50%
Percent Under Contract ………….……
10.26%
8.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
BEVERLY CENTER – MIRACLE MILE
SFR
Median Price ……………………..…….
$980,000
Median Price ……………………..…….
$891,500
-9.0%
Average Price per Square Foot ….…
$498
Average Price per Square Foot ….…
$430
-13.7%
Properties Sold ……………………….
15.0
Properties Sold ……………………….
18.0
20.0%
Properties Pending Sale ………………
11.0
Properties Pending Sale ………………
15.0
36.4%
Properties For Sale …………….……...
103.0
Properties For Sale …………….……...
69.0
-33.0%
Days on Market (Pending Sale) ….…..
65.9
Days on Market (Pending Sale) ….…..
56.4
-14.4%
Month’s supply of Inventory……….…
7.3
Month’s supply of Inventory……….…
2.9
-59.7%
Percent Under Contract ………….……
10.68%
Percent Under Contract ………….……
21.74%
103.6%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
BEVERLY CENTER – MIRACLE MILE
CONDO
Median Price ……………………..…….
$497,000
Median Price ……………………..…….
$501,400
0.09%
Average Price per Square Foot ….…
$333
Average Price per Square Foot ….…
$478
43.5%
Properties Sold ……………………….
3.0
Properties Sold ……………………….
2.0
-33.3%
Properties Pending Sale ………………
3.0
Properties Pending Sale ………………
7.0
133.3%
Properties For Sale …………….……...
37.0
Properties For Sale …………….……...
24.0
-35.1%
Days on Market (Pending Sale) ….…..
37.3
Days on Market (Pending Sale) ….…..
56.3
50.8%
Month’s supply of Inventory……….…
9.7
Month’s supply of Inventory……….…
1.7
-82.3%
Percent Under Contract ………….……
8.11%
Percent Under Contract ………….……
29.17%
259.7%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
BEVERLY HILLS
SFR
Median Price ……………………..…….
$3,450,000
Median Price ……………………..…….
$4,675,000
35.5%
Average Price per Square Foot ….…
$1,015
Average Price per Square Foot ….…
$904
-10.9%
Properties Sold ……………………….
15.0
Properties Sold ……………………….
11.0
-26.7%
Properties Pending Sale ………………
13.0
Properties Pending Sale ………………
11.0
-15.4%
Properties For Sale …………….……...
154.0
Properties For Sale …………….……...
133.0
-13.6%
Days on Market (Pending Sale) ….…..
84.0
Days on Market (Pending Sale) ….…..
47.1
-43.9%
Month’s supply of Inventory……….…
9.7
Month’s supply of Inventory……….…
9.5
-1.5%
Percent Under Contract ………….……
8.44%
Percent Under Contract ………….……
8.27%
-2.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
BEVERLY HILLS
CONDO
Median Price ……………………..…….
$640,000
Median Price ……………………..…….
$1,055,000
64.8%
Average Price per Square Foot ….…
$361
Average Price per Square Foot ….…
$1,217
237.1%
Properties Sold ……………………….
4.0
Properties Sold ……………………….
5.0
25.0%
Properties Pending Sale ………………
7.0
Properties Pending Sale ………………
12.0
71.4%
Properties For Sale …………….……...
97.0
Properties For Sale …………….……...
82.0
-15.5%
Days on Market (Pending Sale) ….…..
84.6
Days on Market (Pending Sale) ….…..
67.3
-20.4%
Month’s supply of Inventory……….…
11.6
Month’s supply of Inventory……….…
5.0
-56.8%
Percent Under Contract ………….……
7.22%
Percent Under Contract ………….……
14.63%
102.8%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
BEVERLY HILLS P.O.
SFR
Median Price ……………………..…….
$3,350,000
Median Price ……………………..…….
$2,050,000
-38.8%
Average Price per Square Foot ….…
$761
Average Price per Square Foot ….…
$650
-14.6%
Properties Sold ……………………….
11.0
Properties Sold ……………………….
17.0
54.5%
Properties Pending Sale ………………
8.0
Properties Pending Sale ………………
19.0
137.5%
Properties For Sale …………….……...
182.0
Properties For Sale …………….……...
135.0
-25.8%
Days on Market (Pending Sale) ….…..
117.4
Days on Market (Pending Sale) ….…..
65.8
-43.9%
Month’s supply of Inventory……….…
19.2
Month’s supply of Inventory……….…
5.2
-72.9%
Percent Under Contract ………….……
4.40%
Percent Under Contract ………….……
14.07%
220.2%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
BEVERLYWOOD
SFR
Median Price ……………………..…….
$799,000
Median Price ……………………..…….
$965,000
20.8%
Average Price per Square Foot ….…
$480
Average Price per Square Foot ….…
$483
0.6%
Properties Sold ……………………….
9.0
Properties Sold ……………………….
13.0
44.4%
Properties Pending Sale ………………
21.0
Properties Pending Sale ………………
11.0
-47.6%
Properties For Sale …………….……...
85.0
Properties For Sale …………….……...
54.0
-36.5%
Days on Market (Pending Sale) ….…..
47.1
Days on Market (Pending Sale) ….…..
55.2
17.2%
Month’s supply of Inventory……….…
2.6
Month’s supply of Inventory……….…
3.5
37.9%
Percent Under Contract ………….……
24.71%
Percent Under Contract ………….……
20.37%
-17.5%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
BRENTWOOD
SFR
Median Price ……………………..…….
$2,195,000
Median Price ……………………..…….
$1,565,000
-28.7%
Average Price per Square Foot ….…
$816
Average Price per Square Foot ….…
$748
-8.3%
Properties Sold ……………………….
25.0
Properties Sold ……………………….
25.0
0.0%
Properties Pending Sale ………………
17.0
Properties Pending Sale ………………
22.0
29.4%
Properties For Sale …………….……...
165.0
Properties For Sale …………….……...
149.0
-9.7%
Days on Market (Pending Sale) ….…..
55.7
Days on Market (Pending Sale) ….…..
73.2
31.4%
Month’s supply of Inventory……….…
7.7
Month’s supply of Inventory……….…
4.9
-36.3%
Percent Under Contract ………….……
10.30%
Percent Under Contract ………….……
14.77%
43.3%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
BRENTWOOD
CONDO
Median Price ……………………..…….
$591,250
Median Price ……………………..…….
$530,000
-10.4%
Average Price per Square Foot ….…
$412
Average Price per Square Foot ….…
$381
-7.5%
Properties Sold ……………………….
10.0
Properties Sold ……………………….
15.0
50.0%
Properties Pending Sale ………………
13.0
Properties Pending Sale ………………
12.0
-7.7%
Properties For Sale …………….……...
137.0
Properties For Sale …………….……...
73.0
-46.7%
Days on Market (Pending Sale) ….…..
56.6
Days on Market (Pending Sale) ….…..
52.2
-7.9%
Month’s supply of Inventory……….…
8.2
Month’s supply of Inventory……….…
4.0
-50.9%
Percent Under Contract ………….……
9.49%
Percent Under Contract ………….……
16.44%
73.2%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
CALABASAS
SFR
Median Price ……………………..…….
$1,995,000
Median Price ……………………..…….
$785,000
-60.7%
Average Price per Square Foot ….…
$455
Average Price per Square Foot ….…
$315.09
-30.7%
Properties Sold ……………………….
3.0
Properties Sold ……………………….
17
466.7%
Properties Pending Sale ………………
2.0
Properties Pending Sale ………………
65
3150.0%
Properties For Sale …………….……...
36.0
Properties For Sale …………….……...
104
188.9%
Days on Market (Pending Sale) ….…..
135.5
Days on Market (Pending Sale) ….…..
83
-38.7%
Month’s supply of Inventory……….…
15.0
Month’s supply of Inventory……….…
2.3
-84.4%
Percent Under Contract ………….……
5.56%
Percent Under Contract ………….……
30.0%
440.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
CALABASAS
CONDO
Median Price ……………………..…….
$300,000
Median Price ……………………..…….
$310,000
3.3%
Average Price per Square Foot ….…
$233
Average Price per Square Foot ….…
$235.09
0.9%
Properties Sold ……………………….
1.0
Properties Sold ……………………….
5.0
400.0%
Properties Pending Sale ………………
2.0
Properties Pending Sale ………………
13.0
550.0%
Properties For Sale …………….……...
3.0
Properties For Sale …………….……...
6.0
100.0%
Days on Market (Pending Sale) ….…..
51.5
Days on Market (Pending Sale) ….…..
90.0
74.8%
Month’s supply of Inventory……….…
NA
Month’s supply of Inventory……….…
NA
%
Percent Under Contract ………….……
66.67%
Percent Under Contract ………….……
66.67%
0.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
CHEVIOT HILLS-RANCH PARK
SFR
Median Price ……………………..…….
$1,270,000
Median Price ……………………..…….
$1,280,000
0.8%
Average Price per Square Foot ….…
$495
Average Price per Square Foot ….…
$519
4.8%
Properties Sold ……………………….
6.0
Properties Sold ……………………….
8.0
33.3%
Properties Pending Sale ………………
7.0
Properties Pending Sale ………………
7.0
0.0%
Properties For Sale …………….……...
37.0
Properties For Sale …………….……...
28.0
-24.3%
Days on Market (Pending Sale) ….…..
26.4
Days on Market (Pending Sale) ….…..
42.9
62.2%
Month’s supply of Inventory……….…
3.7
Month’s supply of Inventory……….…
2.7
-26.9%
Percent Under Contract ………….……
18.92%
Percent Under Contract ………….……
25.0%
32.1%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
CULVER CITY
SFR
Median Price ……………………..…….
$745,000
Median Price ……………………..…….
$534,500
-28.3%
Average Price per Square Foot ….…
$449
Average Price per Square Foot ….…
$463
3.1%
Properties Sold ……………………….
11.0
Properties Sold ……………………….
8.0
-27.3%
Properties Pending Sale ………………
11.0
Properties Pending Sale ………………
15.0
36.4%
Properties For Sale …………….……...
67.0
Properties For Sale …………….……...
53.0
-20.9%
Days on Market (Pending Sale) ….…..
41.9
Days on Market (Pending Sale) ….…..
22.9
-45.4%
Month’s supply of Inventory……….…
4.2
Month’s supply of Inventory……….…
1.9
-53.8%
Percent Under Contract ………….……
16.42%
Percent Under Contract ………….……
28.30%
72.4%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
CULVER CITY
CONDO
Median Price ……………………..…….
$286,500
Median Price ……………………..…….
$270,000
-5.8%
Average Price per Square Foot ….…
$299
Average Price per Square Foot ….…
$250
-16.4%
Properties Sold ……………………….
6.0
Properties Sold ……………………….
11.0
83.3%
Properties Pending Sale ………………
15.0
Properties Pending Sale ………………
26.0
73.3%
Properties For Sale …………….……...
92.0
Properties For Sale …………….……...
50.0
-45.7%
Days on Market (Pending Sale) ….…..
100.2
Days on Market (Pending Sale) ….…..
50.0
-50.1%
Month’s supply of Inventory……….…
4.9
Month’s supply of Inventory……….…
0.9
-81.8%
Percent Under Contract ………….……
16.30%
Percent Under Contract ………….……
52.0%
218.9%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
DOWNTOWN
SFR
Median Price ……………………..…….
$144,000
Median Price ……………………..…….
$125,000
13.2%
Average Price per Square Foot ….…
$119
Average Price per Square Foot ….…
$129
8.4%
Properties Sold ……………………….
5.0
Properties Sold ……………………….
3.0
-40.0%
Properties Pending Sale ………………
8.0
Properties Pending Sale ………………
4.0
-50.0%
Properties For Sale …………….……...
45.0
Properties For Sale …………….……...
23.0
-48.9%
Days on Market (Pending Sale) ….…..
49.2
Days on Market (Pending Sale) ….…..
26.0
-47.2%
Month’s supply of Inventory……….…
4.4
Month’s supply of Inventory……….…
4.5
2.9%
Percent Under Contract ………….……
17.78%
Percent Under Contract ………….……
17.39%
-2.2%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
DOWNTOWN
CONDO
Median Price ……………………..…….
$304,500
Median Price ……………………..…….
$380,000
24.8%
Average Price per Square Foot ….…
$326
Average Price per Square Foot ….…
$379
16.3%
Properties Sold ……………………….
21.0
Properties Sold ……………………….
27.0
28.6%
Properties Pending Sale ………………
20.0
Properties Pending Sale ………………
42.0
110.0%
Properties For Sale …………….……...
209.0
Properties For Sale …………….……...
124.0
-40.7%
Days on Market (Pending Sale) ….…..
114.7
Days on Market (Pending Sale) ….…..
41.5
-63.8%
Month’s supply of Inventory……….…
8.7
Month’s supply of Inventory……….…
1.6
-81.6%
Percent Under Contract ………….……
9.57%
Percent Under Contract ………….……
33.87%
254.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
ENCINO
SFR
Median Price ……………………..…….
$1,115,000
Median Price ……………………..…….
$927,000
-16.9%
Average Price per Square Foot ….…
$400
Average Price per Square Foot ….…
$333.91
-16.5%
Properties Sold ……………………….
4.0
Properties Sold ……………………….
42.0
950.0%
Properties Pending Sale ………………
6.0
Properties Pending Sale ………………
105.0
1650.0%
Properties For Sale …………….……...
86.0
Properties For Sale …………….……...
84.0
-2.3%
Days on Market (Pending Sale) ….…..
120.3
Days on Market (Pending Sale) ….…..
74.0
-38.5%
Month’s supply of Inventory……….…
12.8
Month’s supply of Inventory……….…
3.4
-73.4%
Percent Under Contract ………….……
6.98%
Percent Under Contract ………….……
19.67%
182.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
ENCINO
CONDO
Median Price ……………………..…….
$145,000
Median Price ……………………..…….
$185,000
27.6%
Average Price per Square Foot ….…
$185
Average Price per Square Foot ….…
$173.51
-6.2%
Properties Sold ……………………….
3.0
Properties Sold ……………………….
18.0
500.0%
Properties Pending Sale ………………
49.0
%
Properties For Sale …………….……...
32.0
60.0%
Days on Market (Pending Sale) ….…..
Days on Market (Pending Sale) ….…..
99.0
%
Month’s supply of Inventory……….…
Month’s supply of Inventory……….…
4.0
%
Percent Under Contract ………….……
20.0%
%
Properties Pending Sale ……………… Properties For Sale …………….……...
Percent Under Contract ………….……
20.0
%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
HANCOCK PARK-WILSHIRE
SFR
Median Price ……………………..…….
$940,000
Median Price ……………………..…….
$912,500
-29.0%
Average Price per Square Foot ….…
$437
Average Price per Square Foot ….…
$415
-5.0%
Properties Sold ……………………….
23.0
Properties Sold ……………………….
22.0
-4.3%
Properties Pending Sale ………………
19.0
Properties Pending Sale ………………
23.0
21.1%
Properties For Sale …………….……...
155.0
Properties For Sale …………….……...
111.0
-28.4%
Days on Market (Pending Sale) ….…..
46.1
Days on Market (Pending Sale) ….…..
67.3
46.0%
Month’s supply of Inventory……….…
6.4
Month’s supply of Inventory……….…
3.1
-50.8%
Percent Under Contract ………….……
12.26%
Percent Under Contract ………….……
20.72%
69.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
HOLLYWOOD
SFR
Median Price ……………………..…….
$450,000
Median Price ……………………..…….
$805,000
78.9%
Average Price per Square Foot ….…
$263
Average Price per Square Foot ….…
$580
120.5%
Properties Sold ……………………….
1.0
Properties Sold ……………………….
2.0
100.0%
Properties Pending Sale ………………
1.0
Properties Pending Sale ………………
7.0
600.0%
Properties For Sale …………….……...
26.0
Properties For Sale …………….……...
20.0
-23.1%
Days on Market (Pending Sale) ….…..
6.0
Days on Market (Pending Sale) ….…..
38.7
545.2%
Month’s supply of Inventory……….…
24.0
Month’s supply of Inventory……….…
1.4
-94.0%
Percent Under Contract ………….……
3.85%
Percent Under Contract ………….……
35.0%
810.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
HOLLYWOOD
CONDO
Median Price ……………………..…….
$360,000
Median Price ……………………..…….
$443,000
23.1%
Average Price per Square Foot ….…
$438
Average Price per Square Foot ….…
$368
-16.0%
Properties Sold ……………………….
4.0
Properties Sold ……………………….
8.0
100.0%
Properties Pending Sale ………………
4.0
Properties Pending Sale ………………
12.0
200.0%
Properties For Sale …………….……...
79.0
Properties For Sale …………….……...
70.0
-11.4%
Days on Market (Pending Sale) ….…..
121.8
Days on Market (Pending Sale) ….…..
31.2
-74.4%
Month’s supply of Inventory……….…
16.2
Month’s supply of Inventory……….…
3.5
-78.5%
Percent Under Contract ………….……
5.06%
Percent Under Contract ………….……
17.14%
238.6%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
HOLLYWOOD HILLS EAST
SFR
Median Price ……………………..…….
$782,500
Median Price ……………………..…….
$1,205,000
54.0%
Average Price per Square Foot ….…
$346
Average Price per Square Foot ….…
$457
32.1%
Properties Sold ……………………….
10.0
Properties Sold ……………………….
7.0
-30.0%
Properties Pending Sale ………………
6.0
Properties Pending Sale ………………
10.0
66.7%
Properties For Sale …………….……...
91.0
Properties For Sale …………….……...
59.0
-35.2%
Days on Market (Pending Sale) ….…..
82.7
Days on Market (Pending Sale) ….…..
46.2
-44.1%
Month’s supply of Inventory……….…
12.8
Month’s supply of Inventory……….…
4.4
-65.7%
Percent Under Contract ………….……
6.59%
Percent Under Contract ………….……
16.95%
157.1%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
LOS FELIZ
SFR
Median Price ……………………..…….
$735,000
Median Price ……………………..…….
$1,050,000
42.9%
Average Price per Square Foot ….…
$472
Average Price per Square Foot ….…
$476
0.8%
Properties Sold ……………………….
15.0
Properties Sold ……………………….
11.0
-26.7%
Properties Pending Sale ………………
11.0
Properties Pending Sale ………………
23.0
109.1%
Properties For Sale …………….……...
97.0
Properties For Sale …………….……...
77.0
-20.6%
Days on Market (Pending Sale) ….…..
42.0
Days on Market (Pending Sale) ….…..
23.5
-44.1%
Month’s supply of Inventory……….…
7.5
Month’s supply of Inventory……….…
2.0
-73.8%
Percent Under Contract ………….……
11.34%
Percent Under Contract ………….……
29.87%
163.4%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
LOS FELIZ
CONDO
Median Price ……………………..…….
$410,000
Median Price ……………………..…….
$289,000
-29.5%
Average Price per Square Foot ….…
$275
Average Price per Square Foot ….…
$343
24.7%
Properties Sold ……………………….
2.0
Properties Sold ……………………….
3.0
50.0%
Properties Pending Sale ………………
1.0
Properties Pending Sale ………………
2.0
100.0%
Properties For Sale …………….……...
15.0
Properties For Sale …………….……...
10.0
-33.3%
Days on Market (Pending Sale) ….…..
40.0
Days on Market (Pending Sale) ….…..
95.0
137.5%
Month’s supply of Inventory……….…
13.0
Month’s supply of Inventory……….…
3.0
-76.9%
Percent Under Contract ………….……
6.67%
Percent Under Contract ………….……
20.0%
200.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
MALIBU
SFR
Median Price ……………………..…….
$1,512,500
Median Price ……………………..…….
$1,355,000
-10.4%
Average Price per Square Foot ….…
$553
Average Price per Square Foot ….…
$494
-10.7%
Properties Sold ……………………….
10.0
Properties Sold ……………………….
9.0
-10.0%
Properties Pending Sale ………………
10.0
Properties Pending Sale ………………
20.0
100.0%
Properties For Sale …………….……...
298.0
Properties For Sale …………….……...
228.0
-23.5%
Days on Market (Pending Sale) ….…..
200.4
Days on Market (Pending Sale) ….…..
96.0
-52.1%
Month’s supply of Inventory……….…
26.1
Month’s supply of Inventory……….…
8.8
-66.1%
Percent Under Contract ………….……
3.36%
Percent Under Contract ………….……
8.77%
161.4%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
MALIBU BEACH
SFR
Median Price ……………………..…….
$1,600,000
Median Price ……………………..…….
$6,749,500
321.8%
Average Price per Square Foot ….…
$1,235
Average Price per Square Foot ….…
$2,192
77.5%
Properties Sold ……………………….
1.0
Properties Sold ……………………….
8.0
700.0%
Properties Pending Sale ………………
2.0
Properties Pending Sale ………………
9.0
350.0%
Properties For Sale …………….……...
110.0
Properties For Sale …………….……...
90.0
-18.2%
Days on Market (Pending Sale) ….…..
178.5
Days on Market (Pending Sale) ….…..
175.1
-1.9%
Month’s supply of Inventory……….…
50.0
Month’s supply of Inventory……….…
7.8
-84.4%
Percent Under Contract ………….……
1.82%
Percent Under Contract ………….……
10.0%
450.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
MARINA DEL REY
SFR
Median Price ……………………..…….
$1,545,000
Median Price ……………………..…….
$1,375,000
-11.0%
Average Price per Square Foot ….…
$403
Average Price per Square Foot ….…
$486
20.6%
Properties Sold ……………………….
4.0
Properties Sold ……………………….
6.0
50.0%
Properties Pending Sale ………………
2.0
Properties Pending Sale ………………
4.0
100.0%
Properties For Sale …………….……...
44.0
Properties For Sale …………….……...
33.0
-25.0%
Days on Market (Pending Sale) ….…..
17.5
Days on Market (Pending Sale) ….…..
22.8
30.0%
Month’s supply of Inventory……….…
18.0
Month’s supply of Inventory……….…
6.5
-63.9%
Percent Under Contract ………….……
4.55%
Percent Under Contract ………….……
12.12%
166.7%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
MARINA DEL REY
CONDO
Median Price ……………………..…….
$605,000
Median Price ……………………..…….
$605,000
0.0%
Average Price per Square Foot ….…
$412
Average Price per Square Foot ….…
$382
-7.3%
Properties Sold ……………………….
15.0
Properties Sold ……………………….
18.0
20.0%
Properties Pending Sale ………………
16.0
Properties Pending Sale ………………
32.0
100.0%
Properties For Sale …………….……...
229.0
Properties For Sale …………….……...
161.0
-29.7%
Days on Market (Pending Sale) ….…..
59.2
Days on Market (Pending Sale) ….…..
89.2
50.6%
Month’s supply of Inventory……….…
12.2
Month’s supply of Inventory……….…
3.6
-70.4%
Percent Under Contract ………….……
6.99%
Percent Under Contract ………….……
19.88%
184.5%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
MID LOS ANGELES
SFR
Median Price ……………………..…….
$271,000
Median Price ……………………..…….
$299,000
10.3%
Average Price per Square Foot ….…
$197
Average Price per Square Foot ….…
$209
6.1%
Properties Sold ……………………….
14.0
Properties Sold ……………………….
13.0
-7.1%
Properties Pending Sale ………………
12.0
Properties Pending Sale ………………
19.0
58.3%
Properties For Sale …………….……...
138.0
Properties For Sale …………….……...
76.0
-44.9%
Days on Market (Pending Sale) ….…..
54.4
Days on Market (Pending Sale) ….…..
66.8
22.7%
Month’s supply of Inventory……….…
9.5
Month’s supply of Inventory……….…
2.4
-74.5%
Percent Under Contract ………….……
8.70%
Percent Under Contract ………….……
25.0%
187.5%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
MID WILSHIRE
SFR
Median Price ……………………..…….
$610,000
Median Price ……………………..…….
$410,000
-32.6%
Average Price per Square Foot ….…
$218
Average Price per Square Foot ….…
$159
-27.1%
Properties Sold ……………………….
3.0
Properties Sold ……………………….
1.0
-66.7%
Properties Pending Sale ………………
4.0
Properties Pending Sale ………………
4.0
0.0%
Properties For Sale …………….……...
35.0
Properties For Sale …………….……...
25.0
-28.6%
Days on Market (Pending Sale) ….…..
35.2
Days on Market (Pending Sale) ….…..
27.2
-22.7%
Month’s supply of Inventory……….…
6.0
Month’s supply of Inventory……….…
4.2
-29.2%
Percent Under Contract ………….……
11.43%
Percent Under Contract ………….……
16.0%
40.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
PACIFIC PALISADES
SFR
Median Price ……………………..…….
$1,845,000
Median Price ……………………..…….
$2,650,000
43.6%
Average Price per Square Foot ….…
$709
Average Price per Square Foot ….…
$734
3.5%
Properties Sold ……………………….
21.0
Properties Sold ……………………….
19.0
-9.5%
Properties Pending Sale ………………
20.0
Properties Pending Sale ………………
24.0
20.0%
Properties For Sale …………….……...
196.0
Properties For Sale …………….……...
145.0
-26.0%
Days on Market (Pending Sale) ….…..
63.5
Days on Market (Pending Sale) ….…..
51.5
-18.8%
Month’s supply of Inventory……….…
8.1
Month’s supply of Inventory……….…
4.4
-45.5%
Percent Under Contract ………….……
10.20%
Percent Under Contract ………….……
16.55%
62.2%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
PALMS – MAR VISTA
SFR
Median Price ……………………..…….
$687,500
Median Price ……………………..…….
$695,000
1.1%
Average Price per Square Foot ….…
$508
Average Price per Square Foot ….…
$493
-3.0%
Properties Sold ……………………….
24.0
Properties Sold ……………………….
20.0
-16.7%
Properties Pending Sale ………………
20.0
Properties Pending Sale ………………
24.0
20.0%
Properties For Sale …………….……...
104.0
Properties For Sale …………….……...
80.0
-23.1%
Days on Market (Pending Sale) ….…..
36.9
Days on Market (Pending Sale) ….…..
30.9
-16.3%
Month’s supply of Inventory……….…
4.0
Month’s supply of Inventory……….…
2.1
-47.9%
Percent Under Contract ………….……
19.23%
Percent Under Contract ………….……
30.0%
56.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
SANTA MONICA
SFR
Median Price ……………………..…….
$1,400,000
Median Price ……………………..…….
$1,725,000
23.32%
Average Price per Square Foot ….…
$656
Average Price per Square Foot ….…
$810
23.5%
Properties Sold ……………………….
25.0
Properties Sold ……………………….
21.0
-16.0%
Properties Pending Sale ………………
11.0
Properties Pending Sale ………………
19.0
72.7%
Properties For Sale …………….……...
123.0
Properties For Sale …………….……...
107.0
-13.0%
Days on Market (Pending Sale) ….…..
123.6
Days on Market (Pending Sale) ….…..
30.1
-75.7%
Month’s supply of Inventory……….…
9.7
Month’s supply of Inventory……….…
3.9
-59.4%
Percent Under Contract ………….……
8.94%
Percent Under Contract ………….……
17.76%
98.6%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
SANTA MONICA
CONDO
Median Price ……………………..…….
$505,000
Median Price ……………………..…….
$645,000
27.7%
Average Price per Square Foot ….…
$596
Average Price per Square Foot ….…
$579
-2.9%
Properties Sold ……………………….
29.0
Properties Sold ……………………….
35.0
20.7%
Properties Pending Sale ………………
26.0
Properties Pending Sale ………………
40.0
53.8%
Properties For Sale …………….……...
220.0
Properties For Sale …………….……...
147.0
-33.2%
Days on Market (Pending Sale) ….…..
555
Days on Market (Pending Sale) ….…..
58.2
4.9%
Month’s supply of Inventory……….…
6.8
Month’s supply of Inventory……….…
2.1
-69.2%
Percent Under Contract ………….……
13.18%
Percent Under Contract ………….……
23.81%
80.6%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
SHERMAN OAKS
SFR
Median Price ……………………..…….
$625,000
Median Price ……………………..…….
$697,000
11.5%
Average Price per Square Foot ….…
$416
Average Price per Square Foot ….…
$357
-14.2%
Properties Sold ……………………….
9.0
Properties Sold ……………………….
50
455.6%
Properties Pending Sale ………………
12.0
Properties Pending Sale ………………
129
975.0%
Properties For Sale …………….……...
117.0
Properties For Sale …………….……...
133
13.7%
Days on Market (Pending Sale) ….…..
49.3
Days on Market (Pending Sale) ….…..
72
46.0%
Month’s supply of Inventory……….…
7.8
Month’s supply of Inventory……….…
2.2
-72.2%
Percent Under Contract ………….……
10.26%
Percent Under Contract ………….……
29.11%
183.9%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
SHERMAN OAKS
CONDO
Median Price ……………………..…….
$399,500
Median Price ……………………..…….
$275,000
-31.2%
Average Price per Square Foot ….…
$280
Average Price per Square Foot ….…
$223.76
-20.1%
Properties Sold ……………………….
4.0
Properties Sold ……………………….
20.0
400.0%
Properties Pending Sale ………………
4.0
Properties Pending Sale ………………
86.0
2050.0%
Properties For Sale …………….……...
40.0
Properties For Sale …………….……...
43
7.5%
Days on Market (Pending Sale) ….…..
52.8
Days on Market (Pending Sale) ….…..
122.0
131.1%
Month’s supply of Inventory……….…
9.0
Month’s supply of Inventory……….…
13.0
44.4%
Percent Under Contract ………….……
10.0%
Percent Under Contract ………….……
6.25%
-37.5%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
SILVER LAKE – ECHO PARK
SFR
Median Price ……………………..…….
$600,000
Median Price ……………………..…….
$620,000
3.3%
Average Price per Square Foot ….…
$428
Average Price per Square Foot ….…
$422
-1.4%
Properties Sold ……………………….
15.0
Properties Sold ……………………….
17.0
13.3%
Properties Pending Sale ………………
18.0
Properties Pending Sale ………………
26.0
44.4%
Properties For Sale …………….……...
116.0
Properties For Sale …………….……...
80.0
-31.0%
Days on Market (Pending Sale) ….…..
43.1
Days on Market (Pending Sale) ….…..
55.4
28.6%
Month’s supply of Inventory……….…
4.8
Month’s supply of Inventory……….…
2.0
-59.4%
Percent Under Contract ………….……
15.52%
Percent Under Contract ………….……
32.50%
109.4%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
STUDIO CITY
SFR
Median Price ……………………..…….
$905,000
Median Price ……………………..…….
$905,000
0.0%
Average Price per Square Foot ….…
$495
Average Price per Square Foot ….…
$433.3
-12.5%
Properties Sold ……………………….
5.0
Properties Sold ……………………….
27.0
440.0%
Properties Pending Sale ………………
8.0
Properties Pending Sale ………………
57.0
612.5%
Properties For Sale …………….……...
74.0
Properties For Sale …………….……...
77.0
4.1%
Days on Market (Pending Sale) ….…..
69.4
Days on Market (Pending Sale) ….…..
98.0
41.2%
Month’s supply of Inventory……….…
7.6
Month’s supply of Inventory……….…
3.7
-51.9%
Percent Under Contract ………….……
10.81%
Percent Under Contract ………….……
20.69%
9.88%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
STUDIO CITY
CONDO
Median Price ……………………..…….
$499,000
Median Price ……………………..…….
$378,000
-24.2%
Average Price per Square Foot ….…
$324
Average Price per Square Foot ….…
$268.47
-17.1%
Properties Sold ……………………….
3.0
Properties Sold ……………………….
17.0
466.7%
Properties Pending Sale ………………
2.0
Properties Pending Sale ………………
26.0
1200.0%
Properties For Sale …………….……...
31.0
Properties For Sale …………….……...
22.0
-29.0%
Days on Market (Pending Sale) ….…..
18.0
Days on Market (Pending Sale) ….…..
100.0
455.6%
Month’s supply of Inventory……….…
12.5
Month’s supply of Inventory……….…
2.5
-80.0%
Percent Under Contract ………….……
6.45%
Percent Under Contract ………….……
26.67%
313.3%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
SUNSET STRIP – HOLLYWOOD HILLS WEST
SFR
Median Price ……………………..…….
$1,421,000
Median Price ……………………..…….
$1,394,000
-1.9%
Average Price per Square Foot ….…
$608
Average Price per Square Foot ….…
$580
-4.6%
Properties Sold ……………………….
26.0
Properties Sold ……………………….
32.0
23.1%
Properties Pending Sale ………………
29.0
Properties Pending Sale ………………
31.0
6.9%
Properties For Sale …………….……...
327.0
Properties For Sale …………….……...
277.0
-15.3%
Days on Market (Pending Sale) ….…..
87.8
Days on Market (Pending Sale) ….…..
54.5
-37.9%
Month’s supply of Inventory……….…
9.2
Month’s supply of Inventory……….…
6.5
-29.1%
Percent Under Contract ………….……
8.87%
Percent Under Contract ………….……
11.19%
26.2%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
SUNSET STRIP – HOLLYWOOD HILLS WEST
CONDO
Median Price ……………………..…….
$448,698
Median Price ……………………..…….
$440,000
-1.9%
Average Price per Square Foot ….…
$745
Average Price per Square Foot ….…
$343
-54.0%
Properties Sold ……………………….
9.0
Properties Sold ……………………….
3.0
-66.7%
Properties Pending Sale ………………
5.0
Properties Pending Sale ………………
5.0
0.0%
Properties For Sale …………….……...
51.0
Properties For Sale …………….……...
33.0
-35.3%
Days on Market (Pending Sale) ….…..
39.0
Days on Market (Pending Sale) ….…..
46.0
17.9%
Month’s supply of Inventory……….…
9.0
Month’s supply of Inventory……….…
4.4
-51.1%
Percent Under Contract ………….……
9.80%
Percent Under Contract ………….……
15.15%
54.5%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
TOPANGA
SFR
Median Price ……………………..…….
$1,360,000
Median Price ……………………..…….
$505,000
62.9%
Average Price per Square Foot ….…
$445
Average Price per Square Foot ….…
$543
22.0%
Properties Sold ……………………….
4.0
Properties Sold ……………………….
4.0
0.0%
Properties Pending Sale ………………
8.0
Properties Pending Sale ………………
10.0
25.0%
Properties For Sale …………….……...
77.0
Properties For Sale …………….……...
67.0
-13.0%
Days on Market (Pending Sale) ….…..
95.1
Days on Market (Pending Sale) ….…..
75.1
-21.1%
Month’s supply of Inventory……….…
7.8
Month’s supply of Inventory……….…
4.8
-38.1%
Percent Under Contract ………….……
10.39%
Percent Under Contract ………….……
14.93%
43.7%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
VENICE
SFR
Median Price ……………………..…….
$740,000
Median Price ……………………..…….
$945,000
27.7%
Average Price per Square Foot ….…
$507
Average Price per Square Foot ….…
$713
40.6%
Properties Sold ……………………….
17.0
Properties Sold ……………………….
17.0
0.0%
Properties Pending Sale ………………
13.0
Properties Pending Sale ………………
16.0
23.1%
Properties For Sale …………….……...
125.0
Properties For Sale …………….……...
92.0
-26.4%
Days on Market (Pending Sale) ….…..
85.0
Days on Market (Pending Sale) ….…..
62.8
-26.1%
Month’s supply of Inventory……….…
7.8
Month’s supply of Inventory……….…
4.1
-47.7%
Percent Under Contract ………….……
10.40%
Percent Under Contract ………….……
17.39%
67.2%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
VENICE
CONDO
Median Price ……………………..…….
$965,000
Median Price ……………………..…….
$1,042,500
8.0%
Average Price per Square Foot ….…
$465
Average Price per Square Foot ….…
$499
7.3%
Properties Sold ……………………….
5.0
Properties Sold ……………………….
2.0
-60.0%
Properties Pending Sale ………………
3.0
Properties Pending Sale ………………
2.0
-33.3%
Properties For Sale …………….……...
36.0
Properties For Sale …………….……...
21.0
-41.7%
Days on Market (Pending Sale) ….…..
29.7
Days on Market (Pending Sale) ….…..
98.5
232.0%
Month’s supply of Inventory……….…
8.3
Month’s supply of Inventory……….…
7.0
-16.0%
Percent Under Contract ………….……
8.33%
Percent Under Contract ………….……
9.52%
14.3%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
WEST HOLLYWOOD
SFR
Median Price ……………………..…….
$1,175,000
Median Price ……………………..…….
$761,000
-35.2%
Average Price per Square Foot ….…
$635
Average Price per Square Foot ….…
$534
-15.9%
Properties Sold ……………………….
9.0
Properties Sold ……………………….
8.0
-11.1%
Properties Pending Sale ………………
7.0
Properties Pending Sale ………………
14.0
100.0%
Properties For Sale …………….……...
65.0
Properties For Sale …………….……...
50.0
-23.1%
Days on Market (Pending Sale) ….…..
95.1
Days on Market (Pending Sale) ….…..
31.7
-66.7%
Month’s supply of Inventory……….…
7.0
Month’s supply of Inventory……….…
1.9
-72.4%
Percent Under Contract ………….……
10.77%
Percent Under Contract ………….……
28.00%
160.0%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
WEST HOLLYWOOD
CONDO
Median Price ……………………..…….
$537,500
Median Price ……………………..…….
$410,000
-23.7%
Average Price per Square Foot ….…
$430
Average Price per Square Foot ….…
$392
-8.8%
Properties Sold ……………………….
28.0
Properties Sold ……………………….
21.0
-25.0%
Properties Pending Sale ………………
30.0
Properties Pending Sale ………………
40.0
33.3%
Properties For Sale …………….……...
255.0
Properties For Sale …………….……...
156.0
-38.8%
Days on Market (Pending Sale) ….…..
80.3
Days on Market (Pending Sale) ….…..
73.5
-8.6%
Month’s supply of Inventory……….…
6.6
Month’s supply of Inventory……….…
2.2
-66.8%
Percent Under Contract ………….……
11.76%
Percent Under Contract ………….……
25.64%
117.9%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
WEST LOS ANGELES
SFR
Median Price ……………………..…….
$801,550
Median Price ……………………..…….
$500,000
-37.6%
Average Price per Square Foot ….…
$389
Average Price per Square Foot ….…
$407
4.6%
Properties Sold ……………………….
2.0
Properties Sold ……………………….
2.0
0.0%
Properties Pending Sale ………………
8.0
Properties Pending Sale ………………
6.0
-25.0%
Properties For Sale …………….……...
44.0
Properties For Sale …………….……...
31.0
-29.5%
Days on Market (Pending Sale) ….…..
41.8
Days on Market (Pending Sale) ….…..
42.5
1.8%
Month’s supply of Inventory……….…
4.2
Month’s supply of Inventory……….…
3.8
-9.8%
Percent Under Contract ………….……
18.18%
Percent Under Contract ………….……
19.35%
6.5%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
WESTCHESTER
SFR
Median Price ……………………..…….
$699,000
Median Price ……………………..…….
$614,950
-12.0%
Average Price per Square Foot ….…
$390
Average Price per Square Foot ….…
$427
9.5%
Properties Sold ……………………….
19.0
Properties Sold ……………………….
14.0
-26.3%
Properties Pending Sale ………………
17.0
Properties Pending Sale ………………
13.0
-23.5%
Properties For Sale …………….……...
87.0
Properties For Sale …………….……...
49.0
-43.7%
Days on Market (Pending Sale) ….…..
53.6
Days on Market (Pending Sale) ….…..
26.9
-49.8%
Month’s supply of Inventory……….…
3.6
Month’s supply of Inventory……….…
2.3
-36.7%
Percent Under Contract ………….……
19.54%
Percent Under Contract ………….……
26.53%
35.8%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
WESTCHESTER
CONDO
Median Price ……………………..…….
$215,000
Median Price ……………………..…….
$248,264
15.5%
Average Price per Square Foot ….…
$193
Average Price per Square Foot ….…
$181
-6.2%
Properties Sold ……………………….
1.0
Properties Sold ……………………….
2.0
100.0%
Properties Pending Sale ………………
2.0
Properties Pending Sale ………………
1.0
-50.0%
Properties For Sale …………….……...
23.0
Properties For Sale …………….……...
14.0
-39.1%
Days on Market (Pending Sale) ….…..
64.0
Days on Market (Pending Sale) ….…..
67.0
4.7%
Month’s supply of Inventory……….…
9.5
Month’s supply of Inventory……….…
12.0
26.3%
Percent Under Contract ………….……
8.70%
Percent Under Contract ………….……
7.14%
-17.9%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
WESTWOOD – CENTURY CITY
SFR
Median Price ……………………..…….
$1,872,000
Median Price ……………………..…….
$1,245,000
-33.5%
Average Price per Square Foot ….…
$580
Average Price per Square Foot ….…
$562
-3.1%
Properties Sold ……………………….
3.0
Properties Sold ……………………….
17.0
466.7%
Properties Pending Sale ………………
10.0
Properties Pending Sale ………………
14.0
40.0%
Properties For Sale …………….……...
89.0
Properties For Sale …………….……...
77.0
-13.5%
Days on Market (Pending Sale) ….…..
9.3
Days on Market (Pending Sale) ….…..
27.8
198.8%
Month’s supply of Inventory……….…
7.0
Month’s supply of Inventory……….…
3.9
-44.9%
Percent Under Contract ………….……
11.24%
Percent Under Contract ………….……
18.18%
61.8%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
WESTWOOD – CENTURY CITY
CONDO
Median Price ……………………..…….
$575,000
Median Price ……………………..…….
$578,000
0.5%
Average Price per Square Foot ….…
$426
Average Price per Square Foot ….…
$451
5.9%
Properties Sold ……………………….
39.0
Properties Sold ……………………….
35.0
-10.3%
Properties Pending Sale ………………
35.0
Properties Pending Sale ………………
45.0
28.6%
Properties For Sale …………….……...
406.0
Properties For Sale …………….……...
291.0
-28.3%
Days on Market (Pending Sale) ….…..
60.7
Days on Market (Pending Sale) ….…..
70.1
15.6%
Month’s supply of Inventory……….…
9.5
Month’s supply of Inventory……….…
4.7
-50.3%
Percent Under Contract ………….……
8.62%
Percent Under Contract ………….……
15.46%
79.4%
For more information about homes in this neighborhood email marcy@marcycollins.com, or visit www.WeSellLosAngelesHomes.com
Glossary of Terms Median Price: A value that separates the upper half of prices from the lower half of prices. It can be interpreted like an average, however the extreme prices (high and low) don’t hold undue. Average Price per Square Foot: The price per each property divided by their respective square footage then averaged across all properties sold in the area for a given time period. Properties Sold: The number of property transactions that closed and transferred ownership. Properties Pending Sale: The number of properties that entered escrow in preparation for sale.
Properties For Sale: The number of properties on the market and seeking buyers. Days on Market (Pending Sale): The number of days that properties currently in escrow were on the market. Absorption Rate: The rate at which the inventory of home for sale are being sold. Percent Under Contract: The ratio of properties to properties sale.
Disclaimer The Market Within A Market Report is brought to you by Regional Marketing Director, Michael Lewis. Information obtained from Broker Metrics and DataQuick. Broker Metrics and DataQuick statistics are subject to change due to individual real estate company reporting disciplines. The information provided herein is from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no representations, guarantees or warranties about it. For More Information, Contact: Michael Lewis Regional Marketing Director Keller Williams Realty 11812 San Vicente Blvd. Suite 100 Los Angeles, CA 90049 m.lewis@kw.com