Local Market Report
20 18 February
Westside / Los Angeles
RodeoRE.com TM
Table of Contents Bel Air - Holmby Hills
2
Marina del Rey
16
Beverly Center - Miracle Mile
3
Mid Los Angeles
17
Beverly Hills
4
Mid Wilshire
18
Beverly Hills P.O.
5
Palms
19
Beverlywood
6
Pacific Palisades
20
Brentwood
7
Playa Vista
21
Cheviot Hills - Rancho Park
8
Santa Monica
22
Culver City
9
Silverlake - Echo Park
23
Hancock Park
10
Hollywood
11
Sunset Strip Hollywood Hills West
24
Hollywood Hills East
12
Venice
25
Los Feliz
13
West Hollywood
26
Malibu
14
West Los Angeles
27
Malibu Beach
15
Westwood - Century City
28
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Bel Air-Holmby Hills
Feb 2017
Median Price $2,390,000
Properties Sold
11
Sales Volume $58,509,000
Average Sale Price
$5,319,000
Properties For Sale 102
Average Days on Market
89
Months Supply of Inventory 9
Average List Price
$16,043,879
Feb 2018 $2,046,000
-14%
10
-9%
$41,737,000
-29%
$4,173,700
-22%
100
-2%
61
-31%
10
11%
$11,432,656
-29%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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%Change
Beverly Center - Miracle Mile
Feb 2017
MMedian Price $1,400,000
Properties Sold
29
Sales Volume $50,293,241
Average Sale Price
$1,734,250
Properties For Sale 77
Average Days on Market
82
Months Supply of Inventory 3
Average List Price
$1,525,533
Feb 2018 $1,451,000
4%
19
-34%
$31,195,650
-38%
$1,641,876
-5%
58
-25%
47
-43%
3
0%
$1,713,952
12%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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%Change
Beverly Hills
Feb 2017
Median Price $2,831,180
Properties Sold
23
Sales Volume $105,992,360
Average Sale Price
$4,608,363
Properties For Sale 242
Average Days on Market
102
Months Supply of Inventory 11
Average List Price
$5,934,877
Feb 2018 $2,400,000
-15%
25
9%
$111,696,500
5%
$4,467,860
-3%
211
-13%
59
-42%
8
-27%
$7,557,712
27%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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%Change
Beverly Hills P.O.
Feb 2017
Median Price $2,810,000
Feb 2018
%Change
$2,600,000
-7%
11
22%
$41,184,000
74%
$3,744,000
42%
106
-9%
53
95
79%
Months Supply of Inventory 13
10
-23%
$5,165,000
-22%
Properties Sold
9
Sales Volume $23,727,360
Average Sale Price
$2,636,373
Properties For Sale 116
Average Days on Market
Average List Price
$6,600,469
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Beverlywood
Feb 2017
Median Price $989,000
Properties Sold
16
Sales Volume $16,503,500
Average Sale Price
$1,031,469
Properties For Sale 40
Average Days on Market
56
Months Supply of Inventory 3
Average List Price
$1,670,500
Feb 2018 $1,500,000
52%
9
-44%
$15,250,101
-8%
$1,694,456
64%
41
3%
26
-54%
5
67%
$1,751,368
5%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Brentwood
Feb 2017
Median Price $1,605,000
Properties Sold
29
Sales Volume $103,447,180
Average Sale Price
$3,567,144
Properties For Sale 117
Average Days on Market
51
Months Supply of Inventory 4
Average List Price
$2,663,043
Feb 2018 $2,477,585
54%
20
-31%
$81,793,895
-21%
$4,089,695
15%
114
-3%
84
65%
6
50%
$3,520,505
32%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Cheviot Hills - Rancho Park
Feb 2017
Median Price $1,775,000
Properties Sold
3
Sales Volume $5,611,000
Average Sale Price
$1,870,333
Properties For Sale 23
Average Days on Market
34
Months Supply of Inventory 8
Average List Price
$1,559,999
Feb 2018 $1,801,500
1%
4
33%
$7,298,000
30%
$1,824,500
-2%
19
-17%
20
-41%
5
-38%
$2,595,917
66%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Culver City
Feb 2017
Feb 2018
%Change
Median Price $820,000
$815,000
-1%
13
-19%
$14,805,000
12%
$1,138,846
38%
46
15%
26
-35%
4
33%
$1,005,053
11%
Properties Sold
16
Sales Volume $13,247,500
Average Sale Price
$827,969
Properties For Sale 40
Average Days on Market
40
Months Supply of Inventory 3
Average List Price
$904,440
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hancock Park
Feb 2017
Median Price $1,200,000
Properties Sold
30
Sales Volume $50,632,311
Average Sale Price
$1,687,744
Properties For Sale 131
Average Days on Market
107
Months Supply of Inventory 4
Average List Price
$1,396,757
Feb 2018
%Change
$870,000
-28%
18
-40%
$22,515,900
-56%
$1,250,883
-26%
109
-17%
39
-64%
6
50%
$1,590,884
14%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hollywood
Feb 2017
Feb 2018
%Change
Median Price $679,000
$800,500
18%
14
-26%
$11,615,000
-32%
$829,643
-8%
64
-4%
43
-2%
5
25%
$1,316,533
46%
Properties Sold
19
Sales Volume $17,139,898
Average Sale Price
$902,100
Properties For Sale 67
Average Days on Market
44
Months Supply of Inventory 4
Average List Price
$902,710
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hollywood Hills East
Feb 2017
Median Price $1,206,500
Properties Sold
10
Sales Volume $13,556,430
Average Sale Price
$1,355,643
Properties For Sale 68
Average Days on Market
34
Months Supply of Inventory 7
Average List Price
$1,756,990
Feb 2018 $1,476,000
22%
8
-20%
$11,982,000
-12%
$1,497,750
10%
53
-22%
41
21%
7
0%
$2,153,204
23%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Los Feliz
Feb 2017 Median Price $1,690,000
Feb 2018 $1,725,000
2%
Properties Sold 11 Sales Volume $19,019,000
10
-9%
$20,850,000
10%
$2,085,000
21%
48
-37%
35
-68%
5
-29%
$1,768,800
-6%
Average Sale Price
$1,729,000
Properties For Sale 76
Average Days on Market
109
Months Supply of Inventory 7
Average List Price
$1,876,065
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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%Change
Malibu
Feb 2017
Median Price $2,670,000
Feb 2018
%Change
$1,240,000
-54%
9
-36%
$12,450,000
-70%
$1,383,333
-54%
9
-36%
99
87
-12%
Months Supply of Inventory 13
19
46%
$4,259,000
18%
Properties Sold
14
Sales Volume $42,098,000
Average Sale Price
$3,007,000
Properties For Sale 14
Average Days on Market
Average List Price
$3,619,551
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Malibu Beach
Feb 2017
Median Price $4,419,500
Properties Sold
4
Sales Volume $25,294,000
Average Sale Price
$6,323,500
Properties For Sale 71
Average Days on Market
124
Months Supply of Inventory 18
Average List Price
5,865,250
Feb 2018 $3,125,000
-29%
5
25%
$18,314,500
-28%
$3,662,900
-42%
68
-4%
171
38%
14
-22%
$6,629,067
13%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Marina del Rey
Feb 2017
Feb 2018
%Change
Median Price $875,000
$969,500
11%
24
-4%
$33,399,500
13%
$1,391,646
17%
79
-10%
43
-27%
3
-25%
$1,308,954
-6%
Properties Sold
25
Sales Volume $29,679,158
Average Sale Price
$1,187,166
Properties For Sale 88
Average Days on Market
59
Months Supply of Inventory 4
Average List Price
$1,391,450
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Mid Los Angeles
Feb 2017
Feb 2018
%Change
Median Price $665,000
$825,000
24%
19
-24%
$17,089,500
12%
$899,447
47%
73
-19%
46
-13%
4
0%
$860,529
12%
Properties Sold
25
Sales Volume $15,260,976
Average Sale Price
$610,439
Properties For Sale 90
Average Days on Market
53
Months Supply of Inventory 4
Average List Price
$766,578
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Mid Wilshire
Feb 2017
Feb 2018
%Change
Median Price $626,000
$585,000
-7%
15
-21%
$8,692,550
-34%
$579,503
-17%
51
-27%
24
-66%
3
-25%
$922,691
26%
Properties Sold
19
Sales Volume $13,265,888
Average Sale Price
$698,205
Properties For Sale 70
Average Days on Market
71
Months Supply of Inventory 4
Average List Price
$733,586
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Pacific Palisades
Feb 2017
Median Price $2,634,750
Properties Sold
20
Sales Volume $90,651,800
Average Sale Price
$4,532,590
Properties For Sale 20
Average Days on Market
83
Months Supply of Inventory 4
Average List Price
$4,790,677
Feb 2018 $2,985,000
13%
14
-30%
$54,028,562
-40%
$3,859,183
-15%
14
-30%
60
-28%
6
50%
$3,342,724
-30%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Palms
Feb 2017
Median Price $1,045,000
Properties Sold
27
Sales Volume $34,682,000
Average Sale Price
$1,284,519
Properties For Sale 60
Average Days on Market
49
Months Supply of Inventory 2
Average List Price
$1,644,116
Feb 2018 $1,400,000
34%
27
0%
$41,885,000
21%
$1,551,296
21%
52
-13%
22
-55%
2
0%
$1,839,266
12%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Playa Vista
Feb 2017
Median Price $1,359,200
Properties Sold
12
Sales Volume $16,498,500
Average Sale Price
$1,374,875
Properties For Sale 30
Average Days on Market
74
Months Supply of Inventory 3
Average List Price
$1,359,200
Feb 2018 $1,584,857
17%
6
-50%
$6,310,000
-62%
$1,051,667
-24%
19
-37%
22
-70%
3
0%
$1,584,857
17%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Santa Monica
Feb 2017
Median Price $1,359,200
Properties Sold
12
Sales Volume $16,498,500
Average Sale Price
$1,374,875
Properties For Sale 30
Average Days on Market
74
Months Supply of Inventory 3
Average List Price
$1,359,200
Feb 2018 $1,584,857
17%
6
-50%
$6,310,000
-62%
$1,051,667
-24%
19
-37%
22
-70%
3
0%
$1,584,857
17%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Silverlake - Echo Park
Feb 2017
Feb 2018
%Change
Median Price $915,000
$990,000
8%
31
11%
$38,166,303
37%
$1,231,171
24%
86
-17%
32
-43%
3
-25%
$1,069,931
11%
Properties Sold
28
Sales Volume $27,808,590
Average Sale Price
$993,164
Properties For Sale 104
Average Days on Market
56
Months Supply of Inventory 4
Average List Price
$961,776
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Sunset Strip - Hollywood Hills West
Feb 2017
Median Price $1,589,000
Properties Sold
45
Sales Volume $94,655,269
Average Sale Price
$2,103,450
Properties For Sale 249
Average Days on Market
72
Months Supply of Inventory 6
Average List Price
$2,293,180
Feb 2018 $2,240,000
41%
24
-47%
$71,655,750
-24%
$2,985,656
42%
272
9%
58
-19%
11
83%
$4,398,042
92%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Venice
Feb 2017
Median Price $1,616,500
Properties Sold
18
Sales Volume $32,978,417
Average Sale Price
$1,832,134
Properties For Sale 74
Average Days on Market
46
Months Supply of Inventory 4
Average List Price
$2,435,563
Feb 2018 $1,800,000
11%
20
11%
$39,146,239
19%
$1,957,312
7%
67
-9%
54
17%
3
-25%
$3,207,607
32%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
West Hollywood
Feb 2017
Feb 2018
%Change
Median Price $737,024
$700,000
-5%
19
-49%
$19,572,779
-51%
$1,030,146
-5%
88
-31%
47
-8%
5
67%
$1,607,181
59%
Properties Sold
37
Sales Volume $39,929,299
Average Sale Price
$1,079,170
Properties For Sale 128
Average Days on Market
51
Months Supply of Inventory 3
Average List Price
$1,010,758
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
West Los Angeles
Feb 2017
Median Price $890,000
Properties Sold
16
Sales Volume $13,760,100
Average Sale Price
$860,006
Properties For Sale 27
Average Days on Market
56
Months Supply of Inventory 2
Average List Price
$1,099,354
Feb 2018 $1,147,500
29%
12
-25%
$13,336,500
-3%
$1,111,375
29%
33
22%
31
-45%
3
50%
$1,359,737
24%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Westwood - Century City
Feb 2017
Median Price $968,750
Properties Sold
54
Sales Volume $77,641,095
Average Sale Price
$1,437,798
Properties For Sale 181
Average Days on Market
62
Months Supply of Inventory 3
Average List Price
$2,026,788
Feb 2018 $1,011,250
4%
40
-26%
$56,470,450
-27%
$1,411,761
-2%
163
-10%
41
-34%
4
33%
$1,613,637
-20%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
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