2018 Market Update Los Feliz

Year End Update | 2018

Los Feliz

Market Update

ALTADENA

sothebyshomes.com/0278391 Sold at $2,525,000

Significant Sales We invite you to explore our exclusive offerings at S OT HEBYSHOME S.C OM

ANGELINO HEIGHTS

Sold for $1,710,000

LOS FELIZ

Sold for $2,685,000 SILVER LAKE

Sold for $2,310,000 LOS FELIZ

Sold for $1,836,535 EAGLE ROCK

Sold for $2,300,000

*in order from left to right, top to bottom

sothebyshomes.com

Market Snapshot

Year End Update | Greater Los Angeles

Sold Units - all areas by price

Units vs MSP vs ASP $3,000,000

$5M and Above

5000 4500

$2,500,000

Below $1M

4000 3500

$2,000,000

3000 $1,500,000

2500 2000

$1,000,000

$1M - $5M

1500 1000

$500,000

500 $-

0

2015

2016 units

Below $1M

$1M - $5M

ASP

2018

Median

$5M and Above

Sold Units by Price Category 30 % 62% 8%

2017

Median Selling Price vs. Average Selling Price vs. Total Units Sold

Under $1 Million

Average Selling Price

$1 Million to $5 Million

Median Sale Price

Over $5 Million

Total Units Sold

Los Feliz Year End Market Update / Highlights / 4

Comparison

by Neighborhood Year End Update | Greater Los Angeles

Median - current quarter only $7,000,000

Median - current quarter only

$7,000,000 $6,000,000 $6,000,000

$5,000,000

$5,000,000 $4,000,000

$4,000,000 $3,000,000

$3,000,000 $2,000,000

$2,000,000

$1,000,000 $1,000,000

West Hollywood Vicinity

Venice

Sunset Strip - Hollywood Hills West

Silver Lake - Echo Park

Pacific Palisades

Santa Monica

Malibu

Pacific Palisades

Beverly Brentwood Brentwood Downtown Hancock Los Feliz Beverly Beverly Hills Hills L.A. Park HillsPost Post Office Office Wilshire

Malibu

Los Feliz

Hancock Park - Wilshire

Downtown L.A.

Brentwood

Beverly Hills Post Office

Bel Air Holmby Hills

Beverly Hills

$-

Bel Air - Holmby Hills

$-

Venice West Santa Silver Lake Sunset Echo Park Strip Hollywood Monica - Echo Hollywood Vicinity Hills West West

Median Selling Price 2.6m $ 5.7m $ 2.9m $ 3.0m $ 0.4m $

Bel-Air | Holmby Hills Beverly Hills Beverly Hills Post Office Brentwood Downtown Los Angeles

1.8m $ 1.8m $ 2.9m $ 3.3m $ 2.9m $

Hancock Park / Wilshire Los Feliz Malibu Pacific Palisades Santa Monica

1.1m $ 1.9m $ 2.2m $ 1.m $

Silver Lake | Echo Park Sunset Strip | Hollywood Hills Venice West Hollywood

at a glance {Year End Update | 2018}

downtown los angeles

3

%

Change in Median Selling Price {2018 v 2017}

59 Average Days on Market

426 Units Sold

662k

$

Median Selling Price

*DATA FOR CONDOMINIUM SALES

ASP vs Closed Units Average Selling Price | Total Units Sold $780,000

600

$760,000 500

$740,000 $720,000

400

$700,000 $680,000

300

$660,000 200

$640,000 $620,000

100

$600,000 $580,000

0

2015

2016

2017

2018 Total Units Sold

Average Selling Price

About

Downtown Los Angeles Downtown L.A. offers urban living at its finest, and is the heart of L.A.’s art boom which has put the city on the world stage of contemporary art. Gleaming new landmark lofts, a central business district, and a popular revolving art scene attract thousands of new residents every year. sothebyshomes.com

Median Selling Price

Sale Price vs. List Price

Closed Units

Average Days on Market

3%

-

-11.6%

0%

2018

$662,000

98%

426

59

2017

$615,000

97%

482

59

2016

$587,750

97%

374

74

{2018 vs. 2017}

/

7 Downtown Los Angeles

/ Los Feliz Year End Market Update

ASP vs Closed Units

Average Selling Price | Total Units Sold $1,200,000

1,400 1,200

$1,000,000

1,000

$800,000

800 $600,000 600 $400,000

400

$200,000

200

$-

0

2015

2016

2017

Average Selling Price

2018 Total Units Sold

About

North East Los Angeles Home to some of L.A.’s most animated restaurants and alluring shops, North East Los Angeles boasts an abundance of beautiful homes a stone’s throw from Downtown Los Angeles that are increasing in value by the day. sothebyshomes.com

Median Selling Price

Sale Price vs. List Price

Closed Units

Average Days on Market

11.8%

-

-20.6%

-5%

2018

$921,000

-2%

951

67

2017

$824,000

-3%

1,197

71

2016

$760,000

-1%

1,173

74

{2018 vs. 2017}

Los Feliz Year End Market Update / North East Los

at a glance {Year End Update | 2018}

north east los angeles ATWATER VILLAGE CYPRESS PARK EAGLE ROCK

11.8

%

GLASSELL PARK

Change in Median Selling Price

HIGHLAND PARK

{2018 v 2017}

HOLLYWOOD HILLS EAST LINCOLN HEIGHTS MT WASHINGTON GLENDALE

67 Average Days on Market

951 Units Sold

921k

$

Median Selling Price

Neighborhood Highlights

Atwater Village Eagle Rock

Atwater Village

Median Sales Price | Single Family over Four Years

ASP vs Closed Units

$1,200,000

90 80

$1,000,000

70

$800,000

107

%

Sale Price vs.List Price

60 50

$600,000

40

$400,000 $200,000

30

Average DOM

20

72

10

$-

0

2015

2016

2017

32 Units

2018

Eagle Rock

ASP vs Closed Units Median Sales Price | Single Family over Four Years

$1,000,000

250

$900,000 $800,000

200

$700,000 $600,000

150

$500,000 $400,000

%

Sale Price vs.List Price

37

100

Average DOM

50

170

$300,000 $200,000

104

$100,000

Units

$-

0

2015

2016

2017

2018

Neighborhood Highlights Cypress Park Glassell Park

Cypress Park

vs over Closed Median Sales Price | SingleASP Family FourUnits Years

$700,000

30

$600,000

25

99

%

Sale Price vs.List Price

$500,000

20

$400,000 15 $300,000 10

$200,000

5

$100,000 $-

0

2015

2016

2017

33 Average DOM

15 Units

2018

Glassell Park

Median Sales Price | SingleASP Family over Four Years vs Closed Units

$1,000,000

160

$900,000

140

$800,000

120

$700,000

100

$600,000 $500,000

80

$400,000

60

$300,000

40

$200,000

20

$100,000

104

%

Sale Price vs.List Price

42 Average DOM

133 Units

$-

0

2015

2016

2017

/

2018

11 North East Los Angeles

/ Los Feliz Year End Market Update

Neighborhood Highlights

Highland Park Lincoln Heights

Highland ParkASP vs Closed Units

Median Sales Price | Single Family over Four Years

$900,000

330

$800,000

320

104

%

Sale Price vs.List Price

$700,000 310

$600,000 $500,000

300

$400,000

290

$300,000

280

$200,000 270

$100,000 $-

38 Average DOM

319 Units

260

2015

2016

2017

2018

Lincoln Heights ASP vs Closed Units

Median Sales Price | Single Family over Four Years

$700,000

50 45

$600,000

40

$500,000

35 30

$400,000

25 $300,000

20 15

$200,000

10

$100,000

5

$-

0

2015

2016

Los Feliz Year End Market Update / North East Los Angeles / 12

2017

2018

102

%

Sale Price vs.List Price

49 Average DOM

40 Units

Neighborhood Highlights

Hollywood Hills East Mt. Washington

Hollywood Hills ASP vs East Closed Units

Median Sales Price | Single Family over Four Years

$1,800,000

160

$1,600,000

155

$1,400,000

150

$1,200,000

145

$1,000,000

140

$800,000

135

$600,000

130

$400,000

125

$200,000 $-

99%

%

Sale Price vs.List Price

53 Average DOM

155 Units

120

2015

2016

2017

2018

Mt. Washington ASP vs Closed Units

Median Sales Price | Single Family over Four Years $1,200,000

180 160

$1,000,000

140

$800,000

120 100

$600,000

80

$400,000

60 40

$200,000

20

$-

0

2015

2016

2017

2018

106% Sale Price vs.List Price

32 Average DOM

162 Units

at a glance

{Year End Market Update | 2018}

los feliz

8

%

Change in Median Selling Price {2018 v 2017}

48 Average Days on Market

197 Units Sold

1.8m

$

Median Selling Price

ASP vs Closed Units

$2,500,000

Average Selling Price | Total Units Sold

225 220

$2,000,000

215 210

$1,500,000

205 200

$1,000,000

195 190

$500,000

185 $-

180

2015

2016

2017

2018 Total Units Sold

Average Selling Price

About

Los Feliz Los Feliz is a creative neighborhood with an independent vibe all its own. This historic neighborhood is steeped in architectural history, boasting homes designed by Richard Neutra, John Lautner, and Frank Lloyd Wright. sothebyshomes.com

Median Selling Price

Sale Price vs. List Price

Closed Units

Average Days on Market

8%

-

-6%

-13%

2018

$1,805,000

101%

197

48

2017

$1,670,000

98%

209

55

2016

$1,529,000

99%

212

58

{2018 vs. 2017}

/

15 Los Feliz

/ Los Feliz Year End Market Update

ASP vs Closed Units

$1,400,000

Average Selling Price | Total Units Sold

390

$1,200,000

380

$1,000,000

370

$800,000

360

$600,000

350

$400,000

340

$200,000

330

$-

320

2015

2016

2017

2018 Total Units Sold

Average Selling Price

About

Silver Lake/Echo Park Rock ‘n’ roll attitudes contrast the refined and modern homes of Silver Lake. This hilly neighborhood is one of L.A.’s most walkable areas and is home of its namesake reservoir and cutting-edge music scene. sothebyshomes.com

Median Selling Price

Sale Price vs. List Price

Closed Units

Average Days on Market

5%

-

-9%

-4%

2018

$1,050,000

104%

345

43

2017

$1,000,000

103%

379

45

2016

$907,500

103%

362

53

{2018 vs. 2017}

Los Feliz Year End Market Update / Silver Lake | Echo Park / 16

at a glance

{Year End Market Update | 2018}

silver lake / echo park

5

%

Change in Median Selling Price {2018 v 2017}

43 Average Days on Market

345 Units Sold

1.05m

$

Median Selling Price

at a glance

{Year End Market Update | 2018}

sunset strip / hollywood hills

3.5

%

Change in Median Selling Price {2018 v 2017}

71 Average Days on Market

407 Units Sold

1.9m

$

Median Selling Price

ASP vs Closed Units

Average Selling Price | Total Units Sold $2,800,000

480

$2,700,000

460

$2,600,000 440

$2,500,000 $2,400,000

420

$2,300,000

400

$2,200,000 380

$2,100,000 $2,000,000

360

2015

2016

2017

2018 Total Units Sold

Average Selling Price

About

Sunset Strip/Hollywood Hills Hollywood’s fame is rooted in its cultural identity, peerless entertainment industry, and historical significance as the origin of American cinema. Get a perfect martini at Musso & Frank’s, which has been serving drinks since 1919 to the likes of Charlie Chaplin and William Faulkner, and then stroll down to the Roosevelt Hotel for a nightcap. sothebyshomes.com

Median Selling Price

Sale Price vs. List Price

Closed Units

Average Days on Market

3.5%

-

-14%

4%

2018

$1,868,000

96%

407

71

2017

$1,805,000

97%

474

68

2016

$1,800,000

96%

416

75

{2018 vs. 2017}

/

19 Sunset Strip| Hollywood Hills

/ Los Feliz Year End Market Update

ASP vs Closed Units Average Selling Price | Total Units Sold $1,200,000

600 580

$1,000,000

560 $800,000

540

$600,000

520 500

$400,000

480 $200,000

460

$-

440

2015

2016

2017

2018 Total Units Sold

Average Selling Price

About

Glendale Only minutes from downtown Los Angeles, Pasadena, Burbank and Hollywood, Glendale is the fourth largest city in LA County. With it’s well-maintained streets, central location, local transporation and outstanding schools, Glendale continues to grow as a community focused neighborhood of LA. sothebyshomes.com

Median Selling Price

Sale Price vs. List Price

Closed Units

Average Days on Market

10%

-

-15%

0%

2018

$1,047,000

100%

498

46

2017

$950,000

100%

589

46

2016

$865,000

100%

568

50

{2018 vs. 2017}

Los Feliz Year End Market Update / Glendale / 20

at a glance

{Year End Market Update | 2018}

glendale

10

%

Change in Median Selling Price {2018 v 2017}

46 Average Days on Market

498 Units Sold

1

$ m Median Selling Price

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