SUNSET STRIP - HOLLYWOOD HILLS
SINGLE FAMILY HOME SALES
The Sunset Strip is the world famous stretch of Sunset Boulevard in West Hollwood that stretches from Hollywood to Beverly Hills.The Strip, which includes Sunset Plaza, is known for its famous collection of shops and boutiques, cafes and restaurants, rock joints, and night clubs. It is easily idenifiable with its colorful collection of billboards and is located at the base of the Hollywood Hills and is just below the famed “Bird Streets” – from Blue Jay,Tanager and Thrush Ways to Nightingale, and Kinglet Drives - a favorite area of A-List celebrities from Hollywood stars to the most well known international music acts to call home. Many celebrities enjoy the amazing cities views they get perched among the hills. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN
SINGLE FAMILY HOMES (SFH) JUN - AUG 2013 Average List Price Average List Price per Square Foot
ALL $1,822,269 $658.60
< $1M $788,666 $522.66
$1M - $3M $1,748,795 $622.16
> $3M $4,662,813 $893.70
Average Sold Price
$1,770,918
$794,881
$1,724,735
$4,331,469 $835.60
$643.71
$527.39
$615.18
Total SFH Sold
138
38
84
16
Total SFH for Sale at End of Period
184
19
106
59
Average Sold Price per Square Foot
Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio
4.0
1.5
3.8
11.1
97%
101%
99%
93%
ALL
< $1M
$1M - $3M
> $3M
$1,901,019
$733,399
$1,731,150
$5,264,316
SFH JUN - AUG 2012 Average List Price Average List Price per Square Foot Average Sold Price
$629.43
$423.02
$568.03
$967.11
$1,773,167
$721,086
$1,649,332
$4,711,368
$585.78
$416.69
$540.89
$851.07
Total SFH Sold
125
46
60
19
Total SFH for Sale at End of Period
184
29
91
64
Average Monthly Supply of Inventory
4.4
1.9
4.6
10.1
93%
98%
95%
89%
Average Sold Price per Square Foot
Average Sold Price/Original List Price Ratio
SFH AUG/AUG COMPARISON
ALL
< $1M
$1M - $3M
> $3M
Average List Price
-4%
8%
1%
-11%
Average List Price per Square Foot
5%
24%
10%
-8%
Average Sold Price
0%
10%
5%
-8%
Average Sold Price per Square Foot
10%
27%
14%
-2%
Total SFH Sold
10%
-17%
40%
-16% -8%
Total SFH for Sale at End of Period
0%
-34%
16%
Average Monthly Supply of Inventory
-9%
-21%
-17%
9%
Average Sold Price/Original List Price Ratio
4%
3%
4%
4% (Source: MLS/CLAW)
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
56