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Topanga, CA | web: 0172629

Greater Los Angeles Market Update 3-Month Ending Feburary 2014

Beverly Hills | Brentwood | Los Feliz | Malibu Pacific Palisades | Santa Monica | Sunset Strip sothebyshomes.com


TABLE OF CONTENTS MARKET AREA

PGS.

MARKET AREA

PGS.

Featured Listings 3

Malibu Beach

34-35

Bel Air - Holmby Hills

Marina Del Rey

36-37

Beverly Center - Miracle Mile 6-7

Mid Los Angeles

38-39

Beverly Hills

8-9

Mid Wilshire

40-41

Beverly Hills Post Office

10-11

Mount Washington

42-43

Beverlywood 12-13

Pacific Palisades

44-45

Brentwood 14-15

Palms - Mar Vista

46-47

Cheviot Hills - Rancho Park 16-17

Playa Del Rey

48-49

Culver City

18-19

Playa Vista

50-51

Downtown Los Angeles

20-21

Santa Monica

52-53

Eagle Rock

22-23

Silverlake - Echo Park

54-55

Hancock Park

24-25

Sunset Strip - Hlwd Hills

56-57

4-5

Hollywood 26-27

Venice 58-59

Hollywood Hills East

28-29

West Hollywood

60-61

Los Feliz

30-31

West Los Angeles

62-63

Westwood - Century City

64-65

Malibu 32-33

To view our listings please visit sothebyshomes.com/losangeles Operated by Sotheby’s Internatinal Realty, Inc.


THE ART OF LIVING

LOS FELIZ | web: 0285444 | $8,237,000 Los Feliz Brokerage | Konstantine Valissarakos 323.252.9451

MALIBU | web: 0355084 | $6,395,000 Brentwood Brokerage | Gregory Bega 213.453.2020

LOS FELIZ | web: 0026963 | $3,499,000 HOLLYWOOD HILLS | web: 0307894 | $2,850,000 Beverly Hills Brokerage | T.anya Stawski 310.801.6033, R. Borne 310.720.3200 Sunset Strip Brokerage | Kevin Jobe 323.363.4833

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES PASADENA | SANTA MONICA | SUNSET STRIP sothebyshomes.com/losangeles Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc.

Visit onlywithus.com to discover the benefits available through us alone.


BEL AIR - HOLMBY HILLS

SINGLE FAMILY HOME SALES

Bel Air is encompassed by a prestigious and well-known pocket of Los Angeles known as the Golden Triangle, including Bel Air, Beverly Hills and Holmby Hills. Bel Air real estate is tucked along the foothills of a section of the Santa Monica Mountains on the north side and borders UCLA and Sunset Boulevard to the south. Bel Air is approx. 12 miles from Downtown LA, minutes from the 405 freeway and close to the quaint Bel Air Hotel, yet it provides a feeling of serenity and ever sought-after escape from metropolitan life. Homes vary from original ranch style and modest one half stories to mansions with gorgeous views of the canyon and city lights. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$3,090,421

$743,143

$1,723,161

$8,220,625

$929.88

$595.53

$616.67

$1,327.73

$3,008,182

$714,643

$1,670,611

$8,024,563

$903.63

$568.30

$597.87

$1,293.46

Total SFH Sold

33

7

18

8

Total SFH for Sale at End of Period

64

7

20

37

Average Sold Price Average Sold Price per Square Foot

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

5.8

3.0

3.3

13.9

97%

96%

97%

98%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$3,769,921

$801,991

$1,758,421

$11,643,889

$986.18

$377.62

$586.13

$1,496.34

$3,459,695

$773,773

$1,673,570

$10,513,194

$904.16

$364.33

$559.57

$1,349.01

Total SFH Sold

39

11

19

9

Total SFH for Sale at End of Period

83

12

20

51

Average Monthly Supply of Inventory

6.4

3.3

3.2

17.0

92%

96%

95%

90%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

-18%

-7%

-2%

-29%

Average List Price per Square Foot

-6%

58%

5%

-11%

Average Sold Price

-13%

-8%

0%

-24%

Average Sold Price per Square Foot

0%

56%

7%

-4%

Total SFH Sold

-15%

-36%

-5%

-11%

Total SFH for Sale at End of Period

-23%

-42%

0%

-27%

Average Monthly Supply of Inventory

-9%

-8%

6%

-18%

Average Sold Price/Original List Price Ratio

6%

0%

2%

8% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

4


BEL AIR - HOLMBY HILLS

CONDOMINIUM SALES BEL AIR - HOLMBY HILLS MARKET OVERVIEW - FEBRUARY

In Bel Air - Holmby Hills there were 9 single family home sales in February 2014, which is the same as February 2013 and a 25% decrease from the 12 sales closed last month. The average list price for single family home sales in February 2014 was $4,974,333 almost matching $4,780,222 for February 2013. For the three-month period from December to February 2014, the average list price was 18% lower than the same period of the prior year. Average sales price for February 2014 was $4,644,611, compared to that of December through February 2014, which was $3,008,182. Comparing February 2014 to January 2014, Bel Air - Holmby Hills saw a 51% increase in average sale price, and a 1% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total Condos Sold

-

-

-

-

Total Condos for Sale at End of Period

3

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total Condos Sold

-

-

-

-

Total Condos for Sale at End of Period

1

1

-

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

0%

0%

0%

0%

Average List Price per Square Foot

0%

0%

0%

0%

Average Sold Price

0%

0%

0%

0%

Average Sold Price per Square Foot

0%

0%

0%

0%

Total Condos Sold

0%

0%

0%

0%

Total Condos for Sale at End of Period

200%

-100%

0%

0%

Average Monthly Supply of Inventory

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

0%

0%

0%

0%

(Source: MLS/CLAW)

5


BEVERLY CENTER - MIRACLE

SINGLE FAMILY HOME SALES

The Beverly Center-Miracle Mile area of Los Angeles, known for its original Spanish two-story homes, duplexes and single-family homes, borders the Mid Los Angeles and Fairfax Districts as well as Hancock Park. The many original Spanish two-story homes, duplexes and single-family homes make up one of the cityâ&#x20AC;&#x2122;s most densely populated and commercial sections. The area is home to the world-famous Los Angeles County Museum of Modern Art (LACMA), the La Brea Tar Pits and the Petersen Automotive Museum, which all make up Museum Row. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$1,475,026

$853,833

$1,602,292

$3,675,001

$597.41

$486.63

$642.91

$-

$1,458,434

$846,833

$1,579,521

$3,675,001

$590.70

$482.64

$635.08

$-

Total SFH Sold

38

12

24

2

Total SFH for Sale at End of Period

39

5

34

-

Average Monthly Supply of Inventory

3.1

1.3

4.3

-

99%

99%

99%

100%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,123,527

$756,817

$1,490,237

$-

$498.68

$460.62

$523.35

$-

$1,120,717

$770,324

$1,471,109

$-

$497.57

$468.84

$516.20

$-

Total SFH Sold

46

23

23

-

Total SFH for Sale at End of Period

39

14

25

-

Average Monthly Supply of Inventory

2.5

1.8

3.3

-

100%

102%

99%

0%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

31%

13%

8%

0%

Average List Price per Square Foot

20%

6%

23%

0%

Average Sold Price

30%

10%

7%

0%

Average Sold Price per Square Foot

19%

3%

23%

0%

Total SFH Sold

-17%

-48%

4%

0%

Total SFH for Sale at End of Period

0%

-64%

36%

0%

Average Monthly Supply of Inventory

21%

-32%

30%

0%

Average Sold Price/Original List Price Ratio

-1%

-3%

0%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

6


CONDOMINIUM SALES

BEVERLY CENTER - MIRACLE MILE

BEVERLY CENTER - MIRACLE MILE MARKET OVERVIEW - FEBRUARY In Beverly Center - Miracle Mile there were 12 single family home sales in February 2014, up from 11 in February 2013 and a 9% increase from the 11 sales closed last month. The average list price for single family home sales in February 2014 was $1,799,667 compared to $912,909 for February 2013, representing a 97% increase. For the three-month period from December to February 2014, the average list price was 31% higher than the same period of the prior year. Average sales price for February 2014 was $1,800,708, compared to that of December through February 2014, which was $1,458,434. Comparing February 2014 to January 2014, Beverly Center - Miracle Mile saw a 23% increase in average sale price, and a 98% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$708,000

$691,950

$1,029,000

$-

Average List Price per Square Foot

$545.88

$536.00

$725.67

$-

Average Sold Price

$697,441

$682,313

$1,000,000

$-

Average Sold Price per Square Foot

$537.73

$528.54

$705.22

$-

Total Condos Sold

21

20

1

-

Total Condos for Sale at End of Period

13

-

-

-

Average Monthly Supply of Inventory

1.9

-

-

-

99%

99%

97%

0%

Average List Price

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$533,886

$533,886

$-

$-

Average List Price per Square Foot

$371.84

$371.84

$-

$-

Average Sold Price

$531,214

$531,214

$-

$-

Average Sold Price per Square Foot

$369.98

$369.98

$-

$-

Total Condos Sold

14

14

-

-

Total Condos for Sale at End of Period

8

7

1

-

Average Monthly Supply of Inventory

1.7

1.5

-

-

99%

99%

0%

0%

Average List Price

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

33%

30%

0%

0%

Average List Price per Square Foot

47%

44%

0%

0%

Average Sold Price

31%

28%

0%

0%

Average Sold Price per Square Foot

45%

43%

0%

0%

Total Condos Sold

50%

43%

0%

0%

Total Condos for Sale at End of Period

63%

-100%

-100%

0%

Average Monthly Supply of Inventory

8%

-100%

0%

0%

Average Sold Price/Original List Price Ratio

-1%

-1%

0%

0%

(Source: MLS/CLAW)

7


BEVERLY HILLS

SINGLE FAMILY HOME SALES Beverly Hill, located within the Golden Triangle, is nestle up against the foothills of the Santa Monica Mountains on the north side. Beverly Hills is bordered by Westwood Village and Century City on the west, West Hollywood and Fairfax District on the east, and Los Angeles City and the 10 freeway on the South. Rodeo Drive between Wilshire Boulevard and Sunset Boulevard include not only the ultimate shopping mecca, but an area of large homes referred to as the Flats,. The blocks were designed by landscape architect William D. Cook, with large lots and wide curving streets lined with palm, eucalyptus and acacia trees and a three-block 80-foot-wide park running along Santa Monica Boulevard. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$7,210,200

$-

$2,126,714

$8,481,071

$1,303.18

$-

$799.60

$1,365.20

$6,809,651

$-

$2,103,143

$7,986,279

$1,227.87

$-

$790.74

$1,281.70

Total SFH Sold

35

-

7

28

Total SFH for Sale at End of Period

57

-

13

44

Average Monthly Supply of Inventory

4.9

-

5.6

4.7

94%

0%

99%

94%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$5,532,032

$900,000

$1,713,333

$7,304,773

Average List Price per Square Foot

$1,036.67

$366.75

$727.70

$1,092.35

Average Sold Price

$5,186,703

$900,000

$1,722,722

$6,798,636

$971.96

$366.75

$731.69

$1,016.66

Total SFH Sold

32

1

9

22

Total SFH for Sale at End of Period

70

-

11

59

Average Monthly Supply of Inventory

6.6

-

3.7

8.0

94%

100%

101%

93%

> $3M

Average List Price

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

30%

-100%

24%

16%

Average List Price per Square Foot

26%

-100%

10%

25%

Average Sold Price

31%

-100%

22%

17%

Average Sold Price per Square Foot

26%

-100%

8%

26%

Total SFH Sold

9%

-100%

-22%

27%

Total SFH for Sale at End of Period

-19%

0%

18%

-25%

Average Monthly Supply of Inventory

-26%

0%

52%

-41%

1%

-100%

-2%

Average Sold Price/Original List Price Ratio

1% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

8


BEVERLY HILLS

CONDOMINIUM SALES BEVERLY HILLS MARKET OVERVIEW - FEBRUARY

In Beverly Hills there were 10 single family home sales in February 2014, up from 6 in February 2013 and a 17% decrease from the 12 sales closed last month. The average list price for single family home sales in February 2014 was $8,976,000 compared to $3,474,167 for February 2013, representing a 158% increase. For the three-month period from December to February 2014, the average list price was 30% higher than the same period of the prior year. Average sales price for February 2014 was $8,332,700, compared to that of December through February 2014, which was $6,809,651. Comparing February 2014 to January 2014, Beverly Hills saw a 44% increase in average sale price, and a 152% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$1,578,511

$727,272

$1,631,521

$10,200,000

$788.36

$490.98

$709.10

$2,639.07

$1,513,827

$725,727

$1,598,321

$9,000,000

$754.23

$489.93

$693.14

$2,328.59

Total Condos Sold

26

11

14

1

Total Condos for Sale at End of Period

37

-

-

-

Average Monthly Supply of Inventory

4.3

-

-

-

96%

100%

98%

88%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$959,071

$694,600

$1,337,429

$3,600,000

Average List Price per Square Foot

$506.18

$431.80

$557.36

$881.70

Average Sold Price

$904,714

$671,350

$1,243,571

$3,200,000

$477.49

$417.35

$518.25

$783.74

Total Condos Sold

28

20

7

1

Total Condos for Sale at End of Period

35

14

20

1

Average Monthly Supply of Inventory

3.8

2.1

8.6

3.0

94%

97%

93%

89%

> $3M

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

65%

5%

22%

183%

Average List Price per Square Foot

56%

14%

27%

199%

Average Sold Price

67%

8%

29%

181%

Average Sold Price per Square Foot

58%

17%

34%

197%

Total Condos Sold

-7%

-45%

100%

0%

Total Condos for Sale at End of Period

6%

-100%

-100%

-100%

Average Monthly Supply of Inventory

14%

-100%

-100%

-100%

Average Sold Price/Original List Price Ratio

2%

3%

5%

-1%

(Source: MLS/CLAW)

9


BEVERLY HILLS POST OFFICE

SINGLE FAMILY HOME SALES

Beverly Hills Post Office is home to grand estates, mansions and large traditional homes as well as some of the most celebrated gated communities in the area, including Mulholland Estates, The Summit, Beverly Ridge Estates and perhaps the most famous, Beverly Park. Lying outside of the City of Beverly Hills limits, Beverly Hills Post Office is part of Los Angeles, but is assigned to use the postal services of Beverly Hills, which started in the early 1960s. Within the area some of the most desired grand estates, mansions and large traditional homes in all of Southern California can be found. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$2,630,886

$887,500

$1,892,545

$4,424,545

$785.42

$527.33

$730.48

$859.45

$2,553,986

$894,500

$1,901,568

$4,160,545

$765.58

$531.49

$735.13

$812.58

Total SFH Sold

35

2

22

11

Total SFH for Sale at End of Period

82

5

31

46

Average Sold Price Average Sold Price per Square Foot

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

7.0

7.5

4.2

12.5

97%

101%

100%

94%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$2,038,235

$874,200

$1,906,760

$4,315,000

$650.20

$490.91

$639.03

$736.60

$1,944,770

$827,840

$1,828,959

$4,064,750

$620.48

$465.53

$612.95

$693.88

Total SFH Sold

34

5

25

4

Total SFH for Sale at End of Period

77

3

33

41

Average Monthly Supply of Inventory

6.8

1.8

4.0

30.8

95%

95%

96%

94%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

29%

2%

-1%

3%

Average List Price per Square Foot

21%

7%

14%

17%

Average Sold Price

31%

8%

4%

2%

Average Sold Price per Square Foot

23%

14%

20%

17%

Total SFH Sold

3%

-60%

-12%

175%

Total SFH for Sale at End of Period

6%

67%

-6%

12%

Average Monthly Supply of Inventory

3%

317%

7%

-59%

Average Sold Price/Original List Price Ratio

2%

6%

5%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

10


BEVERLY HILLS POST OFFICE

CONDOMINIUM SALES

BEVERLY HILLS POST OFFICE MARKET OVERVIEW - FEBRUARY In Beverly Hills Post Office there were 10 single family home sales in February 2014, down from 12 in February 2013 and a 17% decrease from the 12 sales closed last month. The average list price for single family home sales in February 2014 was $2,616,100 compared to $1,983,833 for February 2013, representing a 32% increase. For the three-month period from December to February 2014, the average list price was 29% higher than the same period of the prior year. Average sales price for February 2014 was $2,545,300, compared to that of December through February 2014, which was $2,553,986. Comparing February 2014 to January 2014, Beverly Hills Post Office saw a 12% increase in average sale price, and a 35% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total Condos Sold

-

-

-

-

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total Condos Sold

-

-

-

-

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

0%

0%

0%

0%

Average List Price per Square Foot

0%

0%

0%

0%

Average Sold Price

0%

0%

0%

0%

Average Sold Price per Square Foot

0%

0%

0%

0%

Total Condos Sold

0%

0%

0%

0%

Total Condos for Sale at End of Period

0%

0%

0%

0%

Average Monthly Supply of Inventory

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

0%

0%

0%

0%

(Source: MLS/CLAW)

11


BEVERLYWOOD

SINGLE FAMILY HOME SALES Beverlywood is an upscale neighborhood in Los Angeles strategically placed near the heart of one of the world’s largest cities, and is the ideal home for anyone from couples raising families to retirees. The community is friendly and features tree-lined streets, lush green parks, fancy storefronts, sidewalk delis and cozy cafes for its residents. Almost all of Beverlywood’s inhabitants live in single-family homes built between the 1920s and the 1950s, with the oldest homes in the areas near Beverly Hills. Beverlywood residents enjoy an upscale community of homes constructed from 1920s through the 1950s. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$1,054,886

$725,900

$1,515,467

$-

$560.12

$521.36

$589.52

$-

$1,032,347

$718,619

$1,471,567

$-

$548.16

$516.13

$572.45

$-

Total SFH Sold

36

21

15

-

Total SFH for Sale at End of Period

32

17

15

-

Average Monthly Supply of Inventory

2.7

2.4

3.0

-

98%

99%

97%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$918,105

$707,350

$1,761,125

$-

Average List Price per Square Foot

$481.32

$435.76

$578.48

$-

Average Sold Price

$894,460

$693,973

$1,696,406

$-

Average Sold Price per Square Foot

$468.92

$427.52

$557.23

$-

Total SFH Sold

40

32

8

-

Total SFH for Sale at End of Period

19

15

4

-

Average Monthly Supply of Inventory

1.4

1.4

1.5

-

97%

98%

96%

0%

> $3M

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

15%

3%

-14%

0%

Average List Price per Square Foot

16%

20%

2%

0%

Average Sold Price

15%

4%

-13%

0%

Average Sold Price per Square Foot

17%

21%

3%

0%

Total SFH Sold

-10%

-34%

88%

0%

Total SFH for Sale at End of Period

68%

13%

275%

0%

Average Monthly Supply of Inventory

87%

73%

100%

0%

Average Sold Price/Original List Price Ratio

0%

1%

1%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

12


BEVERLYWOOD

CONDOMINIUM SALES BEVERLYWOOD MARKET OVERVIEW - FEBRUARY

In Beverlywood there were 10 single family home sales in February 2014, up from 9 in February 2013 and a 17% decrease from the 12 sales closed last month. The average list price for single family home sales in February 2014 was $920,800 almost matching $959,322 for February 2013. For the three-month period from December to February 2014, the average list price was 15% higher than the same period of the prior year. Average sales price for February 2014 was $917,300, compared to that of December through February 2014, which was $1,032,347. Comparing February 2014 to January 2014, Beverlywood saw a 1% increase in average sale price, but a 4% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$543,067

$543,067

$-

$-

Average List Price per Square Foot

$420.44

$420.44

$-

$-

Average Sold Price

$537,425

$537,425

$-

$-

Average Sold Price per Square Foot

$416.07

$416.07

$-

$-

Total Condos Sold

12

12

-

-

Total Condos for Sale at End of Period

10

-

-

-

Average Monthly Supply of Inventory

2.5

-

-

-

99%

99%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$545,838

$545,838

$-

$-

$375.53

$375.53

$-

$-

$541,900

$541,900

$-

$-

$372.82

$372.82

$-

$-

Total Condos Sold

24

24

-

-

Total Condos for Sale at End of Period

5

5

-

-

Average Monthly Supply of Inventory

0.6

0.6

-

-

99%

99%

0%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

-1%

-1%

0%

0%

Average List Price per Square Foot

12%

12%

0%

0%

Average Sold Price

-1%

-1%

0%

0%

Average Sold Price per Square Foot

12%

12%

0%

0%

Total Condos Sold

-50%

-50%

0%

0%

Total Condos for Sale at End of Period

100%

-100%

0%

0%

Average Monthly Supply of Inventory

300%

-100%

0%

0%

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

13


BRENTWOOD

SINGLE FAMILY HOME SALES Brentwood is one of the wealthiest areas of Los Angeles, populated by affluent professionals, political figures and celebrities. Known for its Spanish-style homes, condos and traditional homes, Brentwood has prosperous commercial districts along each of its major east-west thoroughfares, Wilshire Boulevard, San Vicente Boulevard and Sunset Boulevard. The Spanish-style and traditional-style homes as well as the condos of Brentwood are located at the base of the Santa Monica Mountains. Brentwood was once part of the Rancho San Vicente y Santa Monica, a Mexican land-grant ranch sold off in pieces by the Sepulveda family after the Mexican-American War. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$3,705,608

$-

$2,032,774

$6,298,500

$926.91

$-

$725.42

$1,079.63

$3,622,890

$-

$2,007,631

$6,126,542

$904.09

$-

$716.39

$1,046.36

Total SFH Sold

51

-

31

20

Total SFH for Sale at End of Period

60

-

23

37

Average Monthly Supply of Inventory

3.5

-

2.2

5.6

98%

0%

99%

97%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$3,344,590

$943,967

$1,818,597

$6,230,857

$930.01

$637.53

$643.12

$1,215.70

$3,100,171

$843,605

$1,800,727

$5,588,276

$863.57

$569.75

$636.80

$1,092.08

Total SFH Sold

59

3

35

21

Total SFH for Sale at End of Period

57

1

27

29

Average Monthly Supply of Inventory

2.9

1.0

2.3

4.1

93%

89%

99%

90%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

11%

-100%

12%

1%

Average List Price per Square Foot

0%

-100%

13%

-11%

Average Sold Price

17%

-100%

11%

10%

Average Sold Price per Square Foot

5%

-100%

12%

-4%

-14%

-100%

-11%

-5%

Total SFH Sold Total SFH for Sale at End of Period

5%

-100%

-15%

28%

Average Monthly Supply of Inventory

22%

-100%

-4%

34%

Average Sold Price/Original List Price Ratio

5%

-100%

0%

8% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

14


BRENTWOOD

CONDOMINIUM SALES BRENTWOOD MARKET OVERVIEW - FEBRUARY

In Brentwood there were 14 single family home sales in February 2014, down from 19 in February 2013 and a 17% increase from the 12 sales closed last month. The average list price for single family home sales in February 2014 was $4,006,071 compared to $2,893,684 for February 2013, representing a 38% increase. For the three-month period from December to February 2014, the average list price was 11% higher than the same period of the prior year. Average sales price for February 2014 was $3,943,793, compared to that of December through February 2014, which was $3,622,890. Comparing February 2014 to January 2014, Brentwood saw a 42% increase in average sale price, and a 39% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$771,791

$665,716

$1,249,125

$-

Average List Price per Square Foot

$494.72

$472.33

$558.17

$-

Average Sold Price

$762,753

$667,393

$1,191,875

$-

Average Sold Price per Square Foot

$488.93

$473.52

$532.59

$-

Total Condos Sold

44

36

8

-

Total Condos for Sale at End of Period

36

-

-

-

Average Monthly Supply of Inventory

2.5

-

-

-

99%

100%

95%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$733,386

$706,821

$1,185,000

$-

$485.12

$475.91

$603.51

$-

$725,364

$700,621

$1,146,000

$-

$479.81

$471.73

$583.65

$-

Total Condos Sold

36

34

2

-

Total Condos for Sale at End of Period

38

28

9

1

Average Monthly Supply of Inventory

3.2

2.5

13.5

-

99%

99%

97%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

5%

-6%

5%

0%

Average List Price per Square Foot

2%

-1%

-8%

0%

Average Sold Price

5%

-5%

4%

0%

Average Sold Price per Square Foot

2%

0%

-9%

0%

Total Condos Sold

22%

6%

300%

0%

Total Condos for Sale at End of Period

-5%

-100%

-100%

-100%

Average Monthly Supply of Inventory

-22%

-100%

-100%

0%

0%

1%

-1%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

15


CHEVIOT HILLS - RANCHO PARK

SINGLE FAMILY HOME SALES

Cheviot Hills and Rancho Park are both situated within a short drive of Fox Studios and Sony Studios. Cheviot Hills provides excellent views of much of the Los Angeles. Cheviot Hillsâ&#x20AC;&#x2122; gently rolling hills are reminiscent of the Cheviot Hills area of Scotland, which is how the area got its name. Rancho Park, though a small residential neighborhood in West Los Angeles, is one of the few districts in Los Angeles where fall foliage can be seen. Nestled between Westwood and Cheviot Hills, Rancho Park is mostly filled with single-family homes and tree-lined streets. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$1,731,869

$934,450

$1,845,786

$-

$585.77

$465.60

$598.60

$-

$1,703,063

$903,000

$1,817,357

$-

$577.45

$449.93

$591.07

$-

Total SFH Sold

16

2

14

-

Total SFH for Sale at End of Period

5

-

4

1

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

0.9

-

0.9

-

98%

97%

98%

0%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,564,750

$749,333

$1,632,333

$3,200,000

$620.28

$554.10

$594.41

$927.54

$1,589,475

$744,000

$1,666,633

$3,200,000

$633.26

$550.16

$611.10

$927.54

Total SFH Sold

16

3

12

1

Total SFH for Sale at End of Period

10

1

7

2

Average Monthly Supply of Inventory

1.9

1.0

1.8

6.0

102%

99%

102%

100%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

11%

25%

13%

-100%

Average List Price per Square Foot

-6%

-16%

1%

-100%

Average Sold Price

7%

21%

9%

-100%

Average Sold Price per Square Foot

-9%

-18%

-3%

-100%

Total SFH Sold

0%

-33%

17%

-100%

Total SFH for Sale at End of Period

-50%

-100%

-43%

-50%

Average Monthly Supply of Inventory

-50%

-100%

-51%

-100%

-3%

-3%

-4%

-100%

Average Sold Price/Original List Price Ratio

(Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

16


CHEVIOT HILLS - RANCHO PARK

CONDOMINIUM SALES

CHEVIOT HILLS - RANCHO PARK MARKET OVERVIEW - FEBRUARY In Cheviot Hills - Rancho Park there were 5 single family home sales in February 2014, up from 2 in February 2013 and a 67% increase from the 3 sales closed last month. The average list price for single family home sales in February 2014 was $2,072,000 compared to $987,500 for February 2013, representing a 110% increase. For the three-month period from December to February 2014, the average list price was 11% higher than the same period of the prior year. Average sales price for February 2014 was $2,019,000, compared to that of December through February 2014, which was $1,703,063. Comparing February 2014 to January 2014, Cheviot Hills - Rancho Park saw a 12% increase in average sale price, and a 76% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total Condos Sold

-

-

-

-

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total Condos Sold

-

-

-

-

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

0%

0%

0%

0%

Average List Price per Square Foot

0%

0%

0%

0%

Average Sold Price

0%

0%

0%

0%

Average Sold Price per Square Foot

0%

0%

0%

0%

Total Condos Sold

0%

0%

0%

0%

Total Condos for Sale at End of Period

0%

0%

0%

0%

Average Monthly Supply of Inventory

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

0%

0%

0%

0%

(Source: MLS/CLAW)

17


CULVER CITY

SINGLE FAMILY HOME SALES Charming Culver City, with its condos and traditional and Spanish-style homes, is a town of galleries, shops, cafes and entrepreneurial businesses. Culver City has been a focal point for motion picture studios since the 1920s and more recently for television production, having been home to MGM Studios, the Culver Studios and now Sony Picture Entertainment. Home of the Kirk Douglas Theatre, Helms Bakeries and the Culver Hotel, Culver Cityâ&#x20AC;&#x2122;s condos, traditional homes and Spanish-style homes offer a combination of urban living and small town charm. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$845,275

$747,011

$1,189,200

$-

Average List Price per Square Foot

$509.85

$524.16

$480.99

$-

Average Sold Price

$857,848

$762,926

$1,190,075

$-

$517.43

$535.32

$481.34

$-

Total SFH Sold

45

35

10

-

Total SFH for Sale at End of Period

17

12

5

-

Average Monthly Supply of Inventory

1.1

1.0

1.5

-

101%

102%

100%

0%

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$698,521

$669,208

$1,148,000

$-

$441.63

$433.03

$536.95

$-

$696,002

$672,915

$1,050,000

$-

$440.04

$435.43

$491.11

$-

Total SFH Sold

49

46

3

-

Total SFH for Sale at End of Period

22

17

5

-

Average Monthly Supply of Inventory

1.3

1.1

5.0

-

100%

101%

91%

0%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

21%

12%

4%

0%

Average List Price per Square Foot

15%

21%

-10%

0%

Average Sold Price

23%

13%

13%

0%

Average Sold Price per Square Foot

18%

23%

-2%

0%

Total SFH Sold

-8%

-24%

233%

0%

Total SFH for Sale at End of Period

-23%

-29%

0%

0%

Average Monthly Supply of Inventory

-16%

-7%

-70%

0%

2%

2%

9%

Average Sold Price/Original List Price Ratio

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

18


CULVER CITY

CONDOMINIUM SALES CULVER CITY MARKET OVERVIEW - FEBRUARY

In Culver City there were 13 single family home sales in February 2014, down from 16 in February 2013 and a 30% increase from the 10 sales closed last month. The average list price for single family home sales in February 2014 was $842,307 compared to $728,319 for February 2013, representing a 16% increase. For the three-month period from December to February 2014, the average list price was 21% higher than the same period of the prior year. Average sales price for February 2014 was $858,538, compared to that of December through February 2014, which was $857,848. Comparing February 2014 to January 2014, Culver City saw a 21% increase in average sale price, and a 15% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$433,617

$433,617

$-

$-

Average List Price per Square Foot

$377.40

$377.40

$-

$-

$433,230

$433,230

$-

$-

$377.06

$377.06

$-

$-

Total Condos Sold

30

30

-

-

Total Condos for Sale at End of Period

21

-

-

-

Average Monthly Supply of Inventory

2.1

-

-

-

100%

100%

0%

0%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$360,015

$360,015

$-

$-

$297.74

$297.74

$-

$-

Average Sold Price

$362,839

$362,839

$-

$-

Average Sold Price per Square Foot

$300.08

$300.08

$-

$-

Total Condos Sold

47

47

-

-

Total Condos for Sale at End of Period

8

8

-

-

Average Monthly Supply of Inventory

0.5

0.5

-

-

101%

101%

0%

0%

Average List Price Average List Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

20%

20%

0%

0%

Average List Price per Square Foot

27%

27%

0%

0%

Average Sold Price

19%

19%

0%

0%

Average Sold Price per Square Foot

26%

26%

0%

0%

Total Condos Sold

-36%

-36%

0%

0%

Total Condos for Sale at End of Period

163%

-100%

0%

0%

Average Monthly Supply of Inventory

311%

-100%

0%

0%

-1%

-1%

0%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

19


DOWNTOWN LOS ANGELES

SINGLE FAMILY HOME SALES

Downtown Los Angeles offers urban living with its condos and lofts, and its central business district with skyscrapers, multinational corporations, popular art institutions, public art displays, sightseeing opportunities, sports facilities and shopping. Home to world-famous establishments like The Walt Disney Concert Hall, Staples Center, Cathedral of our Lady of the Angels and the University of Southern California, Downtown Los Angeles borders Lincoln Heights and the LA River to the east, Hollywood to the north, the Santa Monica Freeway to the south, and the Harbor Freeway to the west. Perfect for those seeking condos and lofts. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$257,493

$257,493

$-

$-

$169.76

$169.76

$-

$-

$263,186

$263,186

$-

$-

$173.52

$173.52

$-

$-

Total SFH Sold

37

37

-

Total SFH for Sale at End of Period

29

28

1

-

Average Monthly Supply of Inventory

2.4

2.3

-

-

102%

102%

0%

0%

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$213,646

$213,646

$-

$-

Average List Price per Square Foot

$160.02

$160.02

$-

$-

Average Sold Price

$197,780

$197,780

$-

$-

$148.14

$148.14

$-

$-

Total SFH Sold

24

24

-

-

Total SFH for Sale at End of Period

23

23

-

-

Average Monthly Supply of Inventory

2.9

2.9

-

-

93%

93%

0%

0%

> $3M

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

21%

21%

0%

0%

Average List Price per Square Foot

6%

6%

0%

0%

Average Sold Price

33%

33%

0%

0%

Average Sold Price per Square Foot

17%

17%

0%

0%

Total SFH Sold

54%

54%

0%

0%

Total SFH for Sale at End of Period

26%

22%

0%

0%

Average Monthly Supply of Inventory

-18%

-21%

0%

0%

Average Sold Price/Original List Price Ratio

10%

10%

0%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

20


DOWNTOWN LOS ANGELES

CONDOMINIUM SALES

DOWNTOWN LOS ANGELES MARKET OVERVIEW - FEBRUARY In Downtown L.A. there were 33 condominium sales in February 2014, down from 35 in February 2013 and a 3% increase from the 32 sales closed last month. The average list price for condo sales in February 2014 was $568,982 compared to $527,657 for February 2013, representing an 8% increase. For the three-month period from December to February 2014, the average list price was flat compared to the same period of the prior year. Average sales price for February 2014 was $554,875, compared to that of December through February 2014, which was $507,859. Comparing February 2014 to January 2014, Downtown L.A. saw a 20% increase in average sale price, and a 8% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$514,339

$496,114

$1,380,000

$-

Average List Price per Square Foot

$479.48

$474.71

$578.86

$-

Average Sold Price

$507,859

$490,708

$1,322,500

$-

$473.44

$469.53

$554.74

$-

Total Condos Sold

97

95

2

-

Total Condos for Sale at End of Period

96

-

-

-

Average Monthly Supply of Inventory

3.0

-

-

-

99%

99%

96%

0%

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$512,934

$404,884

$1,667,857

$4,422,000

Average List Price per Square Foot

$441.28

$371.22

$855.56

$1,032.94

$502,846

$405,719

$1,543,413

$4,000,000

$432.52

$372.18

$791.73

$934.36

Total Condos Sold

119

111

7

1

Total Condos for Sale at End of Period

56

36

16

4

Average Monthly Supply of Inventory

1.4

1.0

6.9

12.0

98%

100%

93%

90%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

0%

23%

-17%

-100%

Average List Price per Square Foot

9%

28%

-32%

-100%

Average Sold Price

1%

21%

-14%

-100%

Average Sold Price per Square Foot

9%

26%

-30%

-100%

-18%

-14%

-71%

-100%

Total Condos for Sale at End of Period

71%

-100%

-100%

-100%

Average Monthly Supply of Inventory

110%

-100%

-100%

-100%

1%

-1%

4%

-100%

Total Condos Sold

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

21


EAGLE ROCK

SINGLE FAMILY HOME SALES Eagle Rock, a neighborhood of architectural and historic homes, is bordered by Glendale on the north and west, Highland Park to the southeast, Glassell Park to the southwest, and Pasadena and South Pasadena on the east. At certain times of the day on the northern edge of Eagle Rock, an enormous boulder projects a bird-shaped shadow resembling an eagle in flight, giving the city its name. Since the 1920s, artists, writers and filmmakers have moved to the architectural and historic homes of Eagle Rock, with Craftsman, Georgian, Art Deco and Mission Revival styles. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$576,042

$576,042

$-

$-

$412.10

$412.10

$-

$-

Average Sold Price

$596,921

$596,921

$-

$-

Average Sold Price per Square Foot

$427.04

$427.04

$-

$-

Average List Price Average List Price per Square Foot

Total SFH Sold

43

43

-

Total SFH for Sale at End of Period

40

39

1

-

Average Monthly Supply of Inventory

2.8

2.7

-

-

104%

104%

0%

0%

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$515,947

$515,947

$-

$-

Average List Price per Square Foot

$342.78

$342.78

$-

$-

Average Sold Price

$519,737

$519,737

$-

$-

Average Sold Price per Square Foot

$345.23

$345.23

$-

$-

Total SFH Sold

38

38

-

-

Total SFH for Sale at End of Period

20

18

1

1

Average Monthly Supply of Inventory

1.6

1.4

-

-

101%

101%

0%

0%

> $3M

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

12%

12%

0%

0%

Average List Price per Square Foot

20%

20%

0%

0%

Average Sold Price

15%

15%

0%

0%

Average Sold Price per Square Foot

24%

24%

0%

0%

Total SFH Sold

13%

13%

0%

0%

Total SFH for Sale at End of Period

100%

117%

0%

-100%

Average Monthly Supply of Inventory

77%

91%

0%

0%

Average Sold Price/Original List Price Ratio

3%

3%

0%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

22


EAGLE ROCK

CONDOMINIUM SALES EAGLER ROCK MARKET OVERVIEW - FEBRUARY

In Eagle Rock there were 12 single family home sales in February 2014, down from 13 in February 2013 and a 29% decrease from the 17 sales closed last month. The average list price for single family home sales in February 2014 was $562,667 compared to $503,577 for February 2013, representing a 12% increase. For the three-month period from December to February 2014, the average list price was 12% higher than the same period of the prior year. Average sales price for February 2014 was $587,042, compared to that of December through February 2014, which was $596,921. Comparing February 2014 to January 2014, Eagle Rock was flat in average sale price, but a 14% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total Condos Sold

-

-

-

-

Total Condos for Sale at End of Period

2

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total Condos Sold

-

-

-

-

Total Condos for Sale at End of Period

1

1

-

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

0%

0%

0%

0%

Average List Price per Square Foot

0%

0%

0%

0%

Average Sold Price

0%

0%

0%

0%

Average Sold Price per Square Foot

0%

0%

0%

0%

Total Condos Sold

0%

0%

0%

0%

Total Condos for Sale at End of Period

100%

-100%

0%

0%

Average Monthly Supply of Inventory

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

0%

0%

0%

0%

(Source: MLS/CLAW)

23


SINGLE FAMILY HOME SALES

HANCOCK PARK

Hancock Park is a historic neighborhood in Los Angeles, which was developed in the 1920s by the Hancock family with profits earned from oil drilling. The residential community is centrally located in the city and is bound by Wilshire Boulevard, Melrose Avenue, Higland Avenue and Rossmore Avenue. Unusual for most LA neighborhoods, residences in Hancock Park tend to be set back from the street, most power and telephone lines are buried, and fences are a rarity. It is located near both the Wilshire Country Club and the Los Angeles Tennis Club. Hancock Park continues to be one of the most desirable areas in all of Southern California to live. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$1,781,230

$750,279

$1,714,915

$4,171,700

$583.88

$409.22

$616.34

$638.67

$1,754,721

$747,452

$1,693,988

$4,076,478

$574.30

$407.85

$607.06

$624.09 10

Total SFH Sold

65

21

34

Total SFH for Sale at End of Period

62

16

34

12

Average Monthly Supply of Inventory

2.9

2.3

3.0

3.6

99%

100%

99%

98%

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,318,648

$695,818

$1,569,000

$4,923,333

$504.50

$377.15

$513.68

$792.47

$1,276,713

$689,920

$1,528,079

$4,574,667

$488.70

$373.96

$500.97

$736.35

Total SFH Sold

47

25

19

3

Total SFH for Sale at End of Period

38

10

17

11

Average Monthly Supply of Inventory

2.4

1.2

2.7

11.0

97%

99%

97%

93%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

35%

8%

9%

-15%

Average List Price per Square Foot

16%

9%

20%

-19%

Average Sold Price

37%

8%

11%

-11%

Average Sold Price per Square Foot

18%

9%

21%

-15%

Total SFH Sold

38%

-16%

79%

233%

Total SFH for Sale at End of Period

63%

60%

100%

9%

Average Monthly Supply of Inventory

18%

90%

12%

-67%

Average Sold Price/Original List Price Ratio

2%

0%

1%

5% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

24


CONDOMINIUM SALES

HANCOCK PARK

HANCOCK PARK MARKET OVERVIEW - FEBRUARY In Hancock Park - Wilshire there were 21 single family home sales in February 2014, up from 12 in February 2013 and a 31% increase from the 16 sales closed last month. The average list price for single family home sales in February 2014 was $2,193,752 compared to $845,729 for February 2013, representing a 159% increase. For the three-month period from December to February 2014, the average list price was 35% higher than the same period of the prior year. Average sales price for February 2014 was $2,206,924, compared to that of December through February 2014, which was $1,754,721. Comparing February 2014 to January 2014, Hancock Park - Wilshire saw a 29% increase in average sale price, and a 162% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$508,142

$508,142

$-

$-

Average List Price per Square Foot

$390.67

$390.67

$-

$-

Average Sold Price

$501,561

$501,561

$-

$-

Average Sold Price per Square Foot

$385.61

$385.61

$-

$-

Total Condos Sold

38

38

-

-

Total Condos for Sale at End of Period

36

-

-

-

Average Monthly Supply of Inventory

2.8

-

-

-

99%

99%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$484,055

$484,055

$-

$-

Average List Price per Square Foot

$344.26

$344.26

$-

$-

Average Sold Price

$478,613

$478,613

$-

$-

Average Sold Price per Square Foot

$340.85

$340.85

$-

$-

Total Condos Sold

31

31

-

-

Total Condos for Sale at End of Period

28

27

1

-

Average Monthly Supply of Inventory

2.7

2.6

-

-

99%

99%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

5%

5%

0%

0%

Average List Price per Square Foot

13%

13%

0%

0%

Average Sold Price

5%

5%

0%

0%

Average Sold Price per Square Foot

13%

13%

0%

0%

Total Condos Sold

23%

23%

0%

0%

Total Condos for Sale at End of Period

29%

-100%

-100%

0%

Average Monthly Supply of Inventory

5%

-100%

0%

0%

Average Sold Price/Original List Price Ratio

0%

0%

0%

0%

(Source: MLS/CLAW)

25


HOLLYWOOD

SINGLE FAMILY HOME SALES Hollywood puts you right in one of the most desirable districts of Los Angeles real estate. Hollywood’s fame is rooted in its cultural identity, peerless entertainment industry and historical significance as the origin of American cinema. Hollywood is consistently the host of major events such as the Academy Awards and is the paramount tourist attraction with Hollywood Boulevard, the Walk of Fame and the Hollywood Bowl. From the red carpet to Hollywood’s 130-acre national park, Runyon Canyon, this vibrant community radiates its authentic prestige. Hollywood homes and estates are some of the most luxurious in all of California. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$640,568

$484,625

$2,200,000

$-

Average List Price per Square Foot

$484.78

$436.99

$638.61

$-

Average Sold Price

$647,909

$492,700

$2,200,000

$-

Average Sold Price per Square Foot

$490.33

$444.27

$638.61

$-

Average List Price

Total SFH Sold

11

10

1

Total SFH for Sale at End of Period

15

10

5

-

Average Monthly Supply of Inventory

4.1

3.0

15.0

-

101%

102%

100%

0%

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$811,384

$481,000

$1,554,750

$-

$457.14

$316.82

$660.89

$-

Average Sold Price

$787,269

$476,833

$1,485,750

$-

Average Sold Price per Square Foot

$443.55

$314.07

$631.56

$-

Total SFH Sold

13

9

4

-

Total SFH for Sale at End of Period

9

9

-

-

2.1

3.0

-

-

97%

99%

96%

0%

> $3M

Average List Price Average List Price per Square Foot

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

-21%

1%

42%

0%

6%

38%

-3%

0%

Average Sold Price

-18%

3%

48%

0%

Average Sold Price per Square Foot

11%

41%

1%

0%

Total SFH Sold

-15%

11%

-75%

0%

Total SFH for Sale at End of Period

67%

11%

0%

0%

Average Monthly Supply of Inventory

97%

0%

0%

0%

Average Sold Price/Original List Price Ratio

4%

3%

5%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

26


HOLLYWOOD

CONDOMINIUM SALES HOLLYWOOD MARKET OVERVIEW - FEBRUARY

In Hollywood there were 6 condominium sales in February 2014, down from 7 in February 2013 and a 14% decrease from the 7 sales closed last month. The average list price for condo sales in February 2014 was $517,500 almost matching $536,143 for February 2013. For the three-month period from December to February 2014, the average list price was 2% higher than the same period of the prior year. Average sales price for February 2014 was $505,833, compared to that of December through February 2014, which was $588,750. Comparing February 2014 to January 2014, Hollywood saw a 13% decrease in average sale price, and a 3% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$593,861

$593,861

$-

$-

Average List Price per Square Foot

$473.05

$473.05

$-

$-

Average Sold Price

$588,750

$588,750

$-

$-

Average Sold Price per Square Foot

$468.98

$468.98

$-

$-

Total Condos Sold

18

18

-

-

Total Condos for Sale at End of Period

36

-

-

-

Average Monthly Supply of Inventory

6.0

-

-

-

99%

99%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$583,953

$564,434

$1,150,000

$-

$427.47

$419.04

$598.96

$-

Average Sold Price

$577,289

$560,299

$1,070,000

$-

Average Sold Price per Square Foot

$422.59

$415.97

$557.29

$-

Total Condos Sold

30

29

1

-

Total Condos for Sale at End of Period

28

27

1

-

Average Monthly Supply of Inventory

2.8

2.8

3.0

-

99%

99%

93%

0%

Average List Price Average List Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

2%

5%

-100%

0%

Average List Price per Square Foot

11%

13%

-100%

0%

Average Sold Price

2%

5%

-100%

0%

Average Sold Price per Square Foot

11%

13%

-100%

0%

-40%

-38%

-100%

0%

Total Condos for Sale at End of Period

29%

-100%

-100%

0%

Average Monthly Supply of Inventory

114%

-100%

-100%

0%

0%

0%

-100%

0%

Total Condos Sold

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

27


HOLLYWOOD HILLS EAST

SINGLE FAMILY HOME SALES

Hollywood Hills real estate means breathtaking homes in a sought-after neighborhood of Los Angeles. It is located overlooking the city in the southeastern Santa Monica Mountains. High above the city, the views of Downtown Los Angeles and the Pacific, and the calm and serenity that can be found there make the Hills a draw for many celebrities and non-celebrities alike. A number of Hollywood Hills homes can be found on the Bird Streets above the Sunset Strip, Laurel Canyon and Beachwood Canyon. Mulholland Drive, famed on its own, can be found along the top of the Hills. Homes here can range from Mid-Century masterpieces to stunning modern Architectural to traditional hillside. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$1,503,036

$880,667

$1,599,828

$3,495,000

$554.41

$391.63

$601.45

$512.09

$1,471,947

$855,112

$1,565,167

$3,495,000

$541.28

$378.50

$586.34

$512.09 1

Total SFH Sold

25

6

18

Total SFH for Sale at End of Period

41

10

31

-

Average Monthly Supply of Inventory

4.9

5.0

5.2

-

98%

97%

98%

100%

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$988,217

$769,479

$1,322,079

$-

Average List Price per Square Foot

$426.88

$440.41

$415.54

$-

Average Sold Price

$960,452

$753,214

$1,276,763

$-

$414.89

$431.10

$401.30

$-

Total SFH Sold

48

29

19

-

Total SFH for Sale at End of Period

36

14

19

3

Average Monthly Supply of Inventory

2.3

1.4

3.0

-

97%

98%

97%

0%

> $3M

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

52%

14%

21%

0%

Average List Price per Square Foot

30%

-11%

45%

0%

Average Sold Price

53%

14%

23%

0%

Average Sold Price per Square Foot

30%

-12%

46%

0%

Total SFH Sold

-48%

-79%

-5%

0%

Total SFH for Sale at End of Period

14%

-29%

63%

-100%

Average Monthly Supply of Inventory

119%

245%

72%

0%

1%

-1%

1%

Average Sold Price/Original List Price Ratio

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

28


HOLLYWOOD HILLS EAST

CONDOMINIUM SALES HOLLYWOOD HILLS EAST MARKET OVERVIEW - FEBRUARY

In Hollywood Hills East there were 7 single family home sales in February 2014, down from 17 in February 2013 and a 36% decrease from the 11 sales closed last month. The average list price for single family home sales in February 2014 was $1,667,286 compared to $1,013,265 for February 2013, representing a 65% increase. For the three-month period from December to February 2014, the average list price was 52% higher than the same period of the prior year. Average sales price for February 2014 was $1,674,143, compared to that of December through February 2014, which was $1,471,947. Comparing February 2014 to January 2014, Hollywood Hills East saw a 19% increase in average sale price, and a 67% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$441,000

$441,000

$-

$-

$378.43

$378.43

$-

$-

$433,667

$433,667

$-

$-

$372.14

$372.14

$-

$-

Total Condos Sold

6

6

-

-

Total Condos for Sale at End of Period

6

-

-

-

Average Monthly Supply of Inventory

3.0

-

-

-

98%

98%

0%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$357,300

$357,300

$-

$-

Average List Price per Square Foot

$314.40

$314.40

$-

$-

Average Sold Price

$344,111

$344,111

$-

$-

Average Sold Price per Square Foot

$302.80

$302.80

$-

$-

Total Condos Sold

9

9

-

-

Total Condos for Sale at End of Period

4

4

-

-

Average Monthly Supply of Inventory

1.3

1.3

-

-

96%

96%

0%

0%

Average List Price

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

23%

23%

0%

0%

Average List Price per Square Foot

20%

20%

0%

0%

Average Sold Price

26%

26%

0%

0%

Average Sold Price per Square Foot

23%

23%

0%

0%

Total Condos Sold

-33%

-33%

0%

0%

Total Condos for Sale at End of Period

50%

-100%

0%

0%

Average Monthly Supply of Inventory

125%

-100%

0%

0%

2%

2%

0%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

29


LOS FELIZ

SINGLE FAMILY HOME SALES Richly immersed with history dating back to the nineteenth century, Los Feliz is located just south of the Santa Monica Mountains and is adjacent to Hollywood. The area features the Griffith Observatory, the Greek Theatre, and the Los Angeles Zoo. Los Feliz homes offer a welcoming and cohesive community recognized for its chic sophistication. Historic and noted homes can be found throughout Los Feliz, which has an enclave of celebrity residents. Los Feliz is known for its grand Spanish estates, charming California bungalows and many original craftsman homes. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$1,459,222

$710,720

$1,778,179

$6,750,000

$638.15

$529.47

$617.82

$1,676.60

$1,426,632

$719,947

$1,729,440

$6,375,000

$624.76

$535.69

$602.49

$1,583.46

Total SFH Sold

48

19

28

1

Total SFH for Sale at End of Period

56

13

35

8

Average Sold Price Average Sold Price per Square Foot

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

3.5

2.1

3.8

24.0

98%

101%

97%

94%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$998,562

$654,645

$1,559,688

$-

$511.24

$472.22

$540.93

$-

$986,660

$649,126

$1,537,372

$-

$505.17

$468.36

$533.19

$-

Total SFH Sold

50

31

19

-

Total SFH for Sale at End of Period

50

14

25

11

Average Monthly Supply of Inventory

3.0

1.4

3.9

-

99%

99%

99%

0%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

46%

9%

14%

0%

Average List Price per Square Foot

25%

12%

14%

0%

Average Sold Price

45%

11%

12%

0%

Average Sold Price per Square Foot

24%

14%

13%

0%

Total SFH Sold

-4%

-39%

47%

0%

Total SFH for Sale at End of Period

12%

-7%

40%

-27%

Average Monthly Supply of Inventory

17%

52%

-5%

0%

Average Sold Price/Original List Price Ratio

-1%

2%

-1%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

30


LOS FELIZ

CONDOMINIUM SALES LOS FELIZ MARKET OVERVIEW - FEBRUARY

In Los Feliz there were 16 single family home sales in February 2014, up from 12 in February 2013 and a 14% increase from the 14 sales closed last month. The average list price for single family home sales in February 2014 was $1,364,243 compared to $1,129,617 for February 2013, representing a 21% increase. For the three-month period from December to February 2014, the average list price was 46% higher than the same period of the prior year. Average sales price for February 2014 was $1,317,500, compared to that of December through February 2014, which was $1,426,632. Comparing February 2014 to January 2014, Los Feliz saw a 8% decrease in average sale price, but a 19% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$448,667

$448,667

$-

$-

$421.88

$421.88

$-

$-

$459,250

$459,250

$-

$-

$431.83

$431.83

$-

$-

Total Condos Sold

6

6

-

-

Total Condos for Sale at End of Period

4

-

-

-

Average Monthly Supply of Inventory

2.0

-

-

-

102%

102%

0%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$439,475

$439,475

$-

$-

Average List Price per Square Foot

$410.24

$410.24

$-

$-

$435,500

$435,500

$-

$-

$406.53

$406.53

$-

$-

Total Condos Sold

4

4

-

-

Total Condos for Sale at End of Period

2

1

1

-

Average Monthly Supply of Inventory

1.5

0.8

-

-

99%

99%

0%

0%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

2%

2%

0%

0%

Average List Price per Square Foot

3%

3%

0%

0%

Average Sold Price

5%

5%

0%

0%

Average Sold Price per Square Foot

6%

6%

0%

0%

Total Condos Sold

50%

50%

0%

0%

Total Condos for Sale at End of Period

100%

-100%

-100%

0%

Average Monthly Supply of Inventory

33%

-100%

0%

0%

Average Sold Price/Original List Price Ratio

3%

3%

0%

0%

(Source: MLS/CLAW)

31


MALIBU

SINGLE FAMILY HOME SALES Few names can evoke visions of beach living and casual elegance as readily as Malibu, California. Embracing nearly 27 miles of gorgeous California coastline, Malibu has long been home to some of the most influential people in the world. The terrain varies widely, and some of Malibu’s famous beaches and surf spots include Surfrider Beach, Zuma Beach and Le Carrillo Beach. Ocean-side dining, boutique shops and gorgeous beaches combine to create the unique lifestyle that exemplifies living in a Malibu home. Sotheby’s International Realty, Inc provides some breathtaking Malibu properties with oceanfront and spectacular beach views. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$3,234,659

$868,286

$2,032,000

$5,862,333

$722.34

$435.73

$629.28

$852.09

$2,898,413

$768,714

$1,865,469

$5,200,667

$639.43

$385.76

$577.70

$737.34

Total SFH Sold

41

7

19

15

Total SFH for Sale at End of Period

143

4

47

92

Average Monthly Supply of Inventory

10.5

1.7

7.4

18.4

Average Sold Price/Original List Price Ratio

90%

89%

92%

89%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$2,356,732

$826,492

$2,008,009

$4,655,544

$657.56

$384.27

$592.27

$898.46

$2,220,338

$744,917

$1,861,567

$4,519,444

$616.17

$346.34

$551.24

$855.16

Total SFH Sold

48

6

33

9

Total SFH for Sale at End of Period

129

8

64

57

Average Monthly Supply of Inventory

8.1

4.0

5.8

19.0

94%

90%

93%

97%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

37%

5%

1%

26%

Average List Price per Square Foot

10%

13%

6%

-5%

Average Sold Price

31%

3%

0%

15%

Average Sold Price per Square Foot Total SFH Sold

4%

11%

5%

-14%

-15%

17%

-42%

67% 61%

Total SFH for Sale at End of Period

11%

-50%

-27%

Average Monthly Supply of Inventory

30%

-57%

28%

-3%

Average Sold Price/Original List Price Ratio

-5%

-2%

-1%

-9% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

32


MALIBU

CONDOMINIUM SALES MALIBU MARKET OVERVIEW - FEBRUARY

In Malibu there were 16 single family home sales in February 2014, up from 12 in February 2013 and a 60% increase from the 10 sales closed last month. The average list price for single family home sales in February 2014 was $3,106,125 compared to $2,176,575 for February 2013, representing a 43% increase. For the three-month period from December to February 2014, the average list price was 37% higher than the same period of the prior year. Average sales price for February 2014 was $2,754,932, compared to that of December through February 2014, which was $2,898,413. Comparing February 2014 to January 2014, Malibu saw a 6% decrease in average sale price, but a 28% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$662,688

$662,688

$-

$-

$494.77

$494.77

$-

$-

$639,500

$639,500

$-

$-

$477.46

$477.46

$-

$-

Total Condos Sold

8

8

-

-

Total Condos for Sale at End of Period

16

-

-

-

Average Monthly Supply of Inventory

6.0

-

-

-

97%

97%

0%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$633,500

$529,200

$1,155,000

$-

Average List Price per Square Foot

$414.91

$372.83

$559.59

$-

Average Sold Price

$607,167

$510,600

$1,090,000

$-

Average Sold Price per Square Foot

$397.66

$359.73

$528.10

$-

Total Condos Sold

6

5

1

-

Total Condos for Sale at End of Period

12

8

4

-

Average Monthly Supply of Inventory

6.0

4.8

12.0

-

96%

96%

94%

0%

Average List Price

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

5%

25%

-100%

0%

Average List Price per Square Foot

19%

33%

-100%

0%

Average Sold Price

5%

25%

-100%

0%

Average Sold Price per Square Foot

20%

33%

-100%

0%

Total Condos Sold

33%

60%

-100%

0%

Total Condos for Sale at End of Period

33%

-100%

-100%

0%

Average Monthly Supply of Inventory

0%

-100%

-100%

0%

Average Sold Price/Original List Price Ratio

1%

0%

-100%

0%

(Source: MLS/CLAW)

33


MALIBU BEACH

SINGLE FAMILY HOME SALES Where the majestic Pacific meets golden sands, Malibu Beach is conveniently located within short drives of Santa Monica, Beverly Hills and Los Angeles International Airport. The areaâ&#x20AC;&#x2122;s beachfront properties, vineyards and ranches are the destination for some of the most influential people, seeking a unique supply of Malibu Beach real estate. Malibu Beach offers the best of the best, from luxurious beachfront properties on the sand to extraordinary estates, mansions, vineyards, and ranches on the bluffs overlooking the Pacific Ocean and lining the hillsides with views of the Channel Islands offshore. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$7,418,467

$-

$2,447,000

$8,183,308

Average List Price per Square Foot

$2,406.67

$-

$1,475.84

$2,445.44

Average Sold Price

$6,868,375

$-

$2,216,250

$7,584,087

$2,234.75

$-

$1,364.09

$2,271.01

Total SFH Sold

15

-

2

13

Total SFH for Sale at End of Period

53

-

7

46

Average List Price

Average Sold Price per Square Foot

Average Monthly Supply of Inventory

10.6

-

10.5

10.6

Average Sold Price/Original List Price Ratio

93%

0%

91%

93%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$10,615,623

$-

$1,250,000

$11,396,092

Average List Price per Square Foot

$2,873.84

$-

$674.58

$2,965.89

Average Sold Price

$8,675,700

$-

$1,650,000

$9,261,175

$2,341.17

$-

$890.45

$2,401.89

Total SFH Sold

13

-

1

12

Total SFH for Sale at End of Period

65

-

9

56

Average Monthly Supply of Inventory

15.0

-

27.0

14.0

Average Sold Price/Original List Price Ratio

82%

0%

132%

81%

Average List Price

Average Sold Price per Square Foot

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

-30%

0%

96%

-28%

Average List Price per Square Foot

-16%

0%

119%

-18%

Average Sold Price

-21%

0%

34%

-18%

Average Sold Price per Square Foot

-5%

0%

53%

-5%

Total SFH Sold

15%

0%

100%

8%

Total SFH for Sale at End of Period

-18%

0%

-22%

-18%

Average Monthly Supply of Inventory

-29%

0%

-61%

-24%

Average Sold Price/Original List Price Ratio

13%

0%

-31%

14% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

34


MALIBU BEACH

CONDOMINIUM SALES MALIBU BEACH MARKET OVERVIEW - FEBRUARY

In Malibu Beach there were 4 single family home sales in February 2014, up from 2 in February 2013 and a 100% increase from the 2 sales closed last month. The average list price for single family home sales in February 2014 was $9,803,750 compared to $17,500,000 for February 2013, representing a 44% decrease. For the three-month period from December to February 2014, the average list price was 30% lower than the same period of the prior year. Average sales price for February 2014 was $8,893,750, compared to that of December through February 2014, which was $6,868,375. Comparing February 2014 to January 2014, Malibu Beach saw a 89% increase in average sale price, but a 26% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$3,250,000

$-

$2,500,000

$4,000,000

$2,251.47

$-

$2,369.67

$2,183.41

$2,830,000

$-

$1,885,000

$3,775,000

$1,960.51

$-

$1,786.73

$2,060.59

Total Condos Sold

2

-

1

1

Total Condos for Sale at End of Period

19

-

-

-

Average Monthly Supply of Inventory

28.5

-

-

-

Average Sold Price/Original List Price Ratio

87%

0%

75%

94%

Average Sold Price Average Sold Price per Square Foot

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,874,000

$749,000

$2,999,000

$-

$1,536.07

$1,451.55

$1,558.73

$-

$1,762,500

$725,000

$2,800,000

$-

$1,444.67

$1,405.04

$1,455.30

$-

Total Condos Sold

2

1

1

-

Total Condos for Sale at End of Period

8

8

-

-

Average Monthly Supply of Inventory

12.0

24.0

-

-

Average Sold Price/Original List Price Ratio

94%

97%

93%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

73%

-100%

-17%

0%

Average List Price per Square Foot

47%

-100%

52%

0%

Average Sold Price

61%

-100%

-33%

0%

Average Sold Price per Square Foot

36%

-100%

23%

0%

Total Condos Sold

0%

-100%

0%

0%

Total Condos for Sale at End of Period

138%

-100%

0%

0%

Average Monthly Supply of Inventory

138%

-100%

0%

0%

-7%

-100%

-19%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

35


MARINA DEL REY

SINGLE FAMILY HOME SALES With its blue waters and gleaming boats, sitting in the worldâ&#x20AC;&#x2122;s largest manmade small-craft harbor, Marina del Rey is an oasis of leisure and elegance in sunny Southern California. Offering relaxing and beautiful views of the Pacific, Marina del Rey is home to both estates and beach condominiums, and has access to boating, sailing, fishing and a variety of water sports. Marina Del Rey is conveniently located five miles from Los Angeles International Airport and just minutes from the San Diego and Marina freeways. Adjacent to Venice Beach and Santa Monica, Marina Del Rey is also close to major shopping malls, movie theaters, Hollywood, Beverly Hills and Downtown Los Angeles. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$1,747,250

$694,500

$2,098,167

$-

$651.93

$504.72

$677.15

$-

$1,720,625

$728,000

$2,051,500

$-

$641.51

$529.07

$660.77

$-

Total SFH Sold

8

2

6

-

Total SFH for Sale at End of Period

13

4

4

5

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

4.9

6.0

2.0

-

98%

105%

98%

0%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,542,200

$809,000

$1,856,429

$-

$500.44

$609.19

$484.29

$-

$1,501,900

$822,000

$1,793,286

$-

$487.36

$618.98

$467.82

$-

Total SFH Sold

10

3

7

-

Total SFH for Sale at End of Period

13

-

9

4

Average Monthly Supply of Inventory

3.9

-

3.9

-

97%

102%

97%

0%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

13%

-14%

13%

0%

Average List Price per Square Foot

30%

-17%

40%

0%

Average Sold Price

15%

-11%

14%

0%

Average Sold Price per Square Foot

32%

-15%

41%

0%

Total SFH Sold

-20%

-33%

-14%

0%

Total SFH for Sale at End of Period

0%

0%

-56%

25%

Average Monthly Supply of Inventory

25%

0%

-48%

0%

1%

3%

1%

Average Sold Price/Original List Price Ratio

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

36


MARINA DEL REY

CONDOMINIUM SALES MARINA DEL REY MARKET OVERVIEW - FEBRUARY

In Marina Del Rey there were 25 condominium sales in February 2014, up from 19 in February 2013 and a 32% increase from the 19 sales closed last month. The average list price for condo sales in February 2014 was $778,908 almost matching $807,189 for February 2013. For the three-month period from December to February 2014, the average list price was 13% higher than the same period of the prior year. Average sales price for February 2014 was $758,932, compared to that of December through February 2014, which was $768,282. Comparing February 2014 to January 2014, Marina Del Rey saw a 22% decrease in average sale price, and a 4% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014 Average List Price

ALL

< $1M

$1M - $3M

> $3M

$785,998

$684,066

$1,425,571

$3,750,000

Average List Price per Square Foot

$506.10

$459.27

$740.50

$974.53

Average Sold Price

$768,282

$670,970

$1,370,000

$3,660,000

$495.16

$451.07

$711.64

$951.14

Total Condos Sold

81

73

7

1

Total Condos for Sale at End of Period

192

-

-

-

Average Monthly Supply of Inventory

7.1

-

-

-

98%

98%

96%

98%

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$697,360

$556,139

$1,827,129

$-

Average List Price per Square Foot

$469.31

$392.28

$832.19

$-

Average Sold Price

$672,614

$548,611

$1,664,632

$-

Average Sold Price per Square Foot

$453.61

$388.96

$758.18

$-

Total Condos Sold

63

56

7

-

Total Condos for Sale at End of Period

64

25

37

2

Average Monthly Supply of Inventory

3.0

1.3

15.9

-

96%

99%

91%

0%

Average List Price

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

13%

23%

-22%

0%

Average List Price per Square Foot

8%

17%

-11%

0%

Average Sold Price

14%

22%

-18%

0%

Average Sold Price per Square Foot

9%

16%

-6%

0%

Total Condos Sold

29%

30%

0%

0%

Total Condos for Sale at End of Period

200%

-100%

-100%

-100%

Average Monthly Supply of Inventory

133%

-100%

-100%

0%

1%

-1%

5%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

37


MID LOS ANGELES

SINGLE FAMILY HOME SALES Mid Los Angeles is a district in Los Angeles, California, known for its Spanish-style and traditional residences, as well as duplex properties. 2.5 miles south of Hollywood and 3.5 miles west of downtown Los Angeles, Mid Los Angeles contains Brookside, Crestview, Fremont Place, Lafayette Square, Little Ethiopia, Picfair Village and Victoria Park. Mid Los Angeles is a great neighborhood, centrally located, great commercial and recreational opportunities and close to all. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$496,075

$485,563

$1,295,000

$-

Average List Price per Square Foot

$303.51

$300.25

$425.57

$-

Average Sold Price

$493,941

$483,829

$1,262,500

$-

Average Sold Price per Square Foot

$302.51

$299.51

$414.89

$-

Average List Price

Total SFH Sold

77

76

1

Total SFH for Sale at End of Period

65

60

5

-

Average Monthly Supply of Inventory

2.5

2.4

15.0

-

100%

100%

97%

0%

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$346,133

$346,133

$-

$-

Average List Price per Square Foot

$228.43

$228.43

$-

$-

Average Sold Price

$345,870

$345,870

$-

$-

Average Sold Price per Square Foot

$228.25

$228.25

$-

$-

Total SFH Sold

93

93

-

-

Total SFH for Sale at End of Period

55

55

-

-

Average Monthly Supply of Inventory

1.8

1.8

-

-

100%

100%

0%

0%

> $3M

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

43%

40%

0%

0%

Average List Price per Square Foot

33%

31%

0%

0%

Average Sold Price

43%

40%

0%

0%

Average Sold Price per Square Foot

33%

31%

0%

0%

Total SFH Sold

-17%

-18%

0%

0%

Total SFH for Sale at End of Period

18%

9%

0%

0%

Average Monthly Supply of Inventory

43%

33%

0%

0%

Average Sold Price/Original List Price Ratio

0%

0%

0%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

38


MID LOS ANGELES

CONDOMINIUM SALES MID LOS ANGELES MARKET OVERVIEW - FEBRUARY

In Mid Los Angeles there were 25 single family home sales in February 2014, down from 26 in February 2013 and a 4% increase from the 24 sales closed last month. The average list price for single family home sales in February 2014 was $523,504 compared to $322,358 for February 2013, representing a 62% increase. For the three-month period from December to February 2014, the average list price was 43% higher than the same period of the prior year. Average sales price for February 2014 was $521,904, compared to that of December through February 2014, which was $493,941. Comparing February 2014 to January 2014, Mid Los Angeles saw a 14% increase in average sale price, and a 57% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$295,300

$295,300

$-

$-

$245.27

$245.27

$-

$-

$299,000

$299,000

$-

$-

$248.34

$248.34

$-

$-

Total Condos Sold

3

3

-

-

Total Condos for Sale at End of Period

4

-

-

-

Average Monthly Supply of Inventory

4.0

-

-

-

101%

101%

0%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$279,379

$279,379

$-

$-

Average List Price per Square Foot

$263.85

$263.85

$-

$-

Average Sold Price

$277,479

$277,479

$-

$-

Average Sold Price per Square Foot

$262.05

$262.05

$-

$-

Total Condos Sold

7

7

-

-

Total Condos for Sale at End of Period

3

3

-

-

Average Monthly Supply of Inventory

1.3

1.3

-

-

99%

99%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

6%

6%

0%

0%

Average List Price per Square Foot

-7%

-7%

0%

0%

Average Sold Price

8%

8%

0%

0%

Average Sold Price per Square Foot

-5%

-5%

0%

0%

Total Condos Sold

-57%

-57%

0%

0%

Total Condos for Sale at End of Period

33%

-100%

0%

0%

Average Monthly Supply of Inventory

211%

-100%

0%

0%

2%

2%

0%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

39


MID WILSHIRE

SINGLE FAMILY HOME SALES Mid Wilshire, also known as Midtown, contains neighborhoods like Hancock Park, Windsor Square, Carthay Circle and Lafayette Square. Mid Wilshire offers some of Los Angeles’s most magnificent residential architecture, primarily in traditional city neighborhood settings. Mid Wilshire contains Little Ethiopia, Miracle Mile, Park La Brea, Park Mile and Wilshire Vista, all known for the area’s stunning residential architecture. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$500,725

$500,725

$-

$-

Average List Price per Square Foot

$335.94

$335.94

$-

$-

Average Sold Price

$498,375

$498,375

$-

$-

Average Sold Price per Square Foot

$334.37

$334.37

$-

$-

Total SFH Sold Total SFH for Sale at End of Period Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

4

4

-

20

15

5

-

15.0

11.3

-

-

100%

100%

0%

0%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$429,285

$429,285

$-

$-

Average List Price per Square Foot

$326.80

$326.80

$-

$-

Average Sold Price

$441,211

$441,211

$-

$-

Average Sold Price per Square Foot

$335.88

$335.88

$-

$-

Total SFH Sold

13

13

-

-

Total SFH for Sale at End of Period

14

12

2

-

Average Monthly Supply of Inventory

3.2

2.8

-

-

103%

103%

0%

0%

> $3M

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

17%

17%

0%

0%

Average List Price per Square Foot

3%

3%

0%

0%

Average Sold Price

13%

13%

0%

0%

Average Sold Price per Square Foot

0%

0%

0%

0%

-69%

-69%

0%

0%

Total SFH Sold Total SFH for Sale at End of Period

43%

25%

150%

0%

Average Monthly Supply of Inventory

364%

306%

0%

0%

-3%

-3%

0%

Average Sold Price/Original List Price Ratio

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

40


MID WILSHIRE

CONDOMINIUM SALES MID WILSHIRE MARKET OVERVIEW - FEBRUARY

In Mid Wilshire there were 14 condominium sales in February 2014, up from 12 in February 2013 and a 75% increase from the 8 sales closed last month. The average list price for condo sales in February 2014 was $467,679 compared to $332,150 for February 2013, representing a 41% increase. For the three-month period from December to February 2014, the average list price was 44% higher than the same period of the prior year. Average sales price for February 2014 was $456,714, compared to that of December through February 2014, which was $472,235. Comparing February 2014 to January 2014, Mid Wilshire saw a 13% decrease in average sale price, but a 36% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$485,071

$485,071

$-

$-

Average List Price per Square Foot

$378.62

$378.62

$-

$-

Average Sold Price

$472,235

$472,235

$-

$-

Average Sold Price per Square Foot

$368.60

$368.60

$-

$-

Total Condos Sold

34

34

-

-

Total Condos for Sale at End of Period

92

-

-

-

Average Monthly Supply of Inventory

8.1

-

-

-

97%

97%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$337,467

$337,467

$-

$-

Average List Price per Square Foot

$313.30

$313.30

$-

$-

$332,623

$332,623

$-

$-

$308.81

$308.81

$-

$-

Total Condos Sold

48

48

-

-

Total Condos for Sale at End of Period

32

30

2

-

Average Monthly Supply of Inventory

2.0

1.9

-

-

99%

99%

0%

0%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

44%

44%

0%

0%

Average List Price per Square Foot

21%

21%

0%

0%

Average Sold Price

42%

42%

0%

0%

Average Sold Price per Square Foot

19%

19%

0%

0%

Total Condos Sold

-29%

-29%

0%

0%

Total Condos for Sale at End of Period

188%

-100%

-100%

0%

Average Monthly Supply of Inventory

306%

-100%

0%

0%

-1%

-1%

0%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

41


MOUNT WASHINGTON

SINGLE FAMILY HOME SALES

Founded in 1909, Mount Washington is located on the eastside of Los Angeles neighboring Glassell Park, Eagle Rock, Highland Park and Montecito Heights and its close proximity to both Pasadena and Downtown Los Angeles have made it popular for homebuyers. It is known for the many 1950s and 1960s modernist homes that can be found here. Recently the area has become a more affordable alternative to the more pricey Westside. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$587,438

$587,438

$-

$-

Average List Price per Square Foot

$365.48

$365.48

$-

$-

Average Sold Price

$587,545

$587,545

$-

$-

Average Sold Price per Square Foot

$365.55

$365.55

$-

$-

Total SFH Sold

31

31

-

-

Total SFH for Sale at End of Period

23

21

2

-

Average Monthly Supply of Inventory

2.2

2.0

-

-

100%

100%

0%

0%

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$503,613

$503,613

$-

$-

Average List Price per Square Foot

$307.35

$307.35

$-

$-

Average Sold Price

$496,618

$496,618

$-

$-

Average Sold Price per Square Foot

$303.08

$303.08

$-

$-

Total SFH Sold

31

31

-

-

Total SFH for Sale at End of Period

20

20

-

-

Average Monthly Supply of Inventory

1.9

1.9

-

-

99%

99%

0%

0%

> $3M

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

17%

17%

0%

0%

Average List Price per Square Foot

19%

19%

0%

0%

Average Sold Price

18%

18%

0%

0%

Average Sold Price per Square Foot

21%

21%

0%

0%

Total SFH Sold

0%

0%

0%

0%

Total SFH for Sale at End of Period

15%

5%

0%

0%

Average Monthly Supply of Inventory

15%

5%

0%

0%

Average Sold Price/Original List Price Ratio

1%

1%

0%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

42


MOUNT WASHINGTON

CONDOMINIUM SALES MOUNT WASHINGTON MARKET OVERVIEW - FEBRUARY

In Mount Washington there were 9 single family home sales in February 2014, up from 6 in February 2013 and a 10% decrease from the 10 sales closed last month. The average list price for single family home sales in February 2014 was $514,643 compared to $466,233 for February 2013, representing a 10% increase. For the three-month period from December to February 2014, the average list price was 17% higher than the same period of the prior year. Average sales price for February 2014 was $515,599, compared to that of December through February 2014, which was $587,545. Comparing February 2014 to January 2014, Mount Washington saw a 10% decrease in average sale price, but a 10% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total Condos Sold

-

-

-

-

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total Condos Sold

-

-

-

-

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

0%

0%

0%

0%

Average List Price per Square Foot

0%

0%

0%

0%

Average Sold Price

0%

0%

0%

0%

Average Sold Price per Square Foot

0%

0%

0%

0%

Total Condos Sold

0%

0%

0%

0%

Total Condos for Sale at End of Period

0%

0%

0%

0%

Average Monthly Supply of Inventory

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

0%

0%

0%

0%

(Source: MLS/CLAW)

43


PACIFIC PALISADES

SINGLE FAMILY HOME SALES Among Los Angelesâ&#x20AC;&#x2122; most desired neighborhoods, Pacific Palisades sits against a stunning backdrop with views of the Santa Monica mountains, the Pacific Coast, and several canyons that run between them. Pacific Palisades is home to the wellknown J. Paul Getty Villa museum and beautiful parks offering sporting activities and breathtaking views including Topanga Canyon State Park, Will Rogers State Historic Park and Polo Club, and Rustin Canyon Park, as well as community events such as the annual parade and fireworks display. Pacific Palisades offers sophisticated traditional estates, dramatic architectural residences, custom-built properties and inviting homes close to Palisades Village. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$3,210,815

$-

$1,926,250

$5,079,273

$869.68

$-

$730.91

$986.18

$3,146,263

$-

$1,919,183

$4,931,106

$846.79

$-

$730.14

$944.73

Total SFH Sold

54

-

32

22

Total SFH for Sale at End of Period

74

1

27

46

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

4.1

-

2.5

6.3

98%

0%

100%

97%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$2,492,088

$896,000

$1,846,154

$4,490,733

$761.27

$853.88

$663.26

$899.45

$2,475,081

$881,667

$1,822,936

$4,489,340

$756.08

$840.22

$654.92

$899.17

Total SFH Sold

57

3

39

15

Total SFH for Sale at End of Period

78

1

34

43

Average Monthly Supply of Inventory

4.1

1.0

2.6

8.6

99%

98%

99%

100%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

29%

-100%

4%

13%

Average List Price per Square Foot

14%

-100%

10%

10% 10%

Average Sold Price

27%

-100%

5%

Average Sold Price per Square Foot

12%

-100%

11%

5%

Total SFH Sold

-5%

-100%

-18%

47%

Total SFH for Sale at End of Period

-5%

0%

-21%

7%

Average Monthly Supply of Inventory

0%

-100%

-3%

-27%

Average Sold Price/Original List Price Ratio

-1%

-100%

1%

-3% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

44


PACIFIC PALISADES

CONDOMINIUM SALES PACIFIC PALISADES MARKET OVERVIEW - FEBRUARY

In Pacific Palisades there were 18 single family home sales in February 2014, up from 15 in February 2013 and a 29% increase from the 14 sales closed last month. The average list price for single family home sales in February 2014 was $3,413,778 compared to $2,774,667 for February 2013, representing a 23% increase. For the three-month period from December to February 2014, the average list price was 29% higher than the same period of the prior year. Average sales price for February 2014 was $3,400,158, compared to that of December through February 2014, which was $3,146,263. Comparing February 2014 to January 2014, Pacific Palisades saw a 36% increase in average sale price, and a 19% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$799,031

$678,371

$1,342,000

$-

Average List Price per Square Foot

$491.85

$418.26

$820.04

$-

Average Sold Price

$811,170

$689,764

$1,357,500

$-

Average Sold Price per Square Foot

$499.32

$425.28

$829.51

$-

Total Condos Sold

11

9

2

-

Total Condos for Sale at End of Period

20

-

-

-

Average Monthly Supply of Inventory

5.5

-

-

-

102%

102%

101%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$776,364

$776,364

$-

$-

Average List Price per Square Foot

$425.53

$425.53

$-

$-

Average Sold Price

$756,666

$756,666

$-

$-

$414.74

$414.74

$-

$-

Total Condos Sold

11

11

-

-

Total Condos for Sale at End of Period

10

9

1

-

Average Monthly Supply of Inventory

2.7

2.5

-

-

97%

97%

0%

0%

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

3%

-13%

0%

0%

Average List Price per Square Foot

16%

-2%

0%

0%

Average Sold Price

7%

-9%

0%

0%

Average Sold Price per Square Foot

20%

3%

0%

0%

Total Condos Sold

0%

-18%

0%

0%

Total Condos for Sale at End of Period

100%

-100%

-100%

0%

Average Monthly Supply of Inventory

100%

-100%

0%

0%

4%

4%

0%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

45


PALMS - MAR VISTA

SINGLE FAMILY HOME SALES Adjacent to Culver City and minutes from the ocean and UCLA is the community of Palms – Mar Vista. Named after its magnificent views of the ocean along its hilly border near Santa Monica, Palms – Mar Vista is one of the oldest communities in Los Angeles and one of the least dense in all of West Los Angeles. Palms – Mar Vista is full of homes built during the 1920s and 1930s as well as an abundance of wonderfully preserved mid-century modern architecture. Those seeking 1920s homes, 1930s homes and mid-century modern architecture can also enjoy the area’s Mar Vista Park, covering an entire city block with a new recreation center and roller hockey rink. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$1,057,008

$781,418

$1,412,610

$-

$586.74

$583.18

$589.47

$-

$1,058,177

$783,233

$1,412,944

$-

$587.82

$584.54

$590.33

$-

Total SFH Sold

71

40

31

-

Total SFH for Sale at End of Period

33

11

22

-

Average Monthly Supply of Inventory

1.4

0.8

2.1

-

100%

100%

100%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$830,034

$718,565

$1,427,909

$-

Average List Price per Square Foot

$539.93

$539.02

$542.60

$-

Average Sold Price

$831,809

$728,638

$1,385,182

$-

Average Sold Price per Square Foot

$540.49

$546.73

$522.41

$-

Total SFH Sold

70

59

11

-

Total SFH for Sale at End of Period

29

15

14

-

Average Monthly Supply of Inventory

1.2

0.8

3.8

-

100%

101%

97%

0%

> $3M

Average List Price

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

27%

9%

-1%

0%

Average List Price per Square Foot

9%

8%

9%

0%

Average Sold Price

27%

7%

2%

0%

Average Sold Price per Square Foot

9%

7%

13%

0%

Total SFH Sold

1%

-32%

182%

0%

Total SFH for Sale at End of Period

14%

-27%

57%

0%

Average Monthly Supply of Inventory

12%

8%

-44%

0%

Average Sold Price/Original List Price Ratio

0%

-1%

3%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

46


PALMS - MAR VISTA

CONDOMINIUM SALES PALMS - MAR VISTA MARKET OVERVIEW - FEBRUARY

In Palms - Mar Vista there were 19 single family home sales in February 2014, up from 15 in February 2013 and a 10% decrease from the 21 sales closed last month. The average list price for single family home sales in February 2014 was $1,125,526 compared to $917,547 for February 2013, representing a 23% increase. For the three-month period from December to February 2014, the average list price was 27% higher than the same period of the prior year. Average sales price for February 2014 was $1,130,342, compared to that of December through February 2014, which was $1,058,177. Comparing February 2014 to January 2014, Palms - Mar Vista saw a 26% increase in average sale price, and a 24% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$466,083

$466,083

$-

$-

$390.41

$390.41

$-

$-

$467,208

$467,208

$-

$-

$391.35

$391.35

$-

$-

Total Condos Sold

24

24

-

-

Total Condos for Sale at End of Period

22

-

-

-

Average Monthly Supply of Inventory

2.8

-

-

-

100%

100%

0%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$404,233

$404,233

$-

$-

$352.43

$352.43

$-

$-

$404,390

$404,390

$-

$-

$352.56

$352.56

$-

$-

Total Condos Sold

25

25

-

-

Total Condos for Sale at End of Period

11

11

-

-

Average Monthly Supply of Inventory

1.3

1.3

-

-

100%

100%

0%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

15%

15%

0%

0%

Average List Price per Square Foot

11%

11%

0%

0%

Average Sold Price

16%

16%

0%

0%

Average Sold Price per Square Foot

11%

11%

0%

0%

Total Condos Sold

-4%

-4%

0%

0%

Total Condos for Sale at End of Period

100%

-100%

0%

0%

Average Monthly Supply of Inventory

108%

-100%

0%

0%

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

47


PLAYA DEL REY

SINGLE FAMILY HOME SALES Playa Del Rey is a bedroom community along the beach, south and adjacent to the Marina Del Rey harbor channel. Its early history dates back to a land grant in 1839 from the Mexican governor. Today Playa Del Rey real estate includes a mix of 1920’s homes, beach cottages from the 1940’s and multi-million dollar elegant new houses. Only 10 minutes from Los Angeles International Airport, Playa Del Rey also is home to Dockweiler Beach Park, a popular short term camping area for recreational vehicles. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$1,359,555

$949,000

$1,143,143

$3,285,000

$532.90

$607.94

$466.34

$774.58

$1,338,900

$930,000

$1,149,300

$3,075,000

$524.81

$595.77

$468.86

$725.06

Total SFH Sold

9

1

7

1

Total SFH for Sale at End of Period

9

1

5

3

Average Sold Price Average Sold Price per Square Foot

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

3.0

3.0

2.1

9.0

98%

98%

101%

94%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,197,875

$871,000

$1,524,750

$-

$468.24

$396.81

$521.91

$-

$1,143,875

$840,000

$1,447,750

$-

$447.13

$382.69

$495.55

$-

Total SFH Sold

8

4

4

-

Total SFH for Sale at End of Period

12

3

7

2

Average Monthly Supply of Inventory

4.5

2.3

5.3

-

95%

96%

95%

0%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

13%

9%

-25%

0%

Average List Price per Square Foot

14%

53%

-11%

0%

Average Sold Price

17%

11%

-21%

0%

Average Sold Price per Square Foot

17%

56%

-5%

0%

Total SFH Sold

13%

-75%

75%

0%

Total SFH for Sale at End of Period

-25%

-67%

-29%

50%

Average Monthly Supply of Inventory

-33%

33%

-59%

0%

3%

2%

6%

Average Sold Price/Original List Price Ratio

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

48


PLAYA DEL REY

CONDOMINIUM SALES PLAYA DEL REY MARKET OVERVIEW - FEBRUARY

In Playa Del Rey there were 11 condominium sales in February 2014, up from 7 in February 2013 and a 22% increase from the 9 sales closed last month. The average list price for condo sales in February 2014 was $414,882 compared to $552,286 for February 2013, representing a 25% decrease. For the three-month period from December to February 2014, the average list price was 10% higher than the same period of the prior year. Average sales price for February 2014 was $412,818, compared to that of December through February 2014, which was $465,254. Comparing February 2014 to January 2014, Playa Del Rey saw a 8% decrease in average sale price, and a 26% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$469,846

$469,846

$-

$-

$427.01

$427.01

$-

$-

Average Sold Price

$465,254

$465,254

$-

$-

Average Sold Price per Square Foot

$422.84

$422.84

$-

$-

Total Condos Sold

35

35

-

-

Total Condos for Sale at End of Period

34

-

-

-

Average Monthly Supply of Inventory

2.9

-

-

-

99%

99%

0%

0%

Average List Price Average List Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$428,858

$406,012

$999,999

$-

$376.10

$366.08

$520.83

$-

$425,501

$402,521

$1,000,000

$-

$373.16

$362.93

$520.83

$-

Total Condos Sold

26

25

1

-

Total Condos for Sale at End of Period

13

12

1

-

Average Monthly Supply of Inventory

1.5

1.4

3.0

-

99%

99%

100%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

10%

16%

-100%

0%

Average List Price per Square Foot

14%

17%

-100%

0%

Average Sold Price

9%

16%

-100%

0%

Average Sold Price per Square Foot

13%

17%

-100%

0%

Total Condos Sold

35%

40%

-100%

0%

Total Condos for Sale at End of Period

162%

-100%

-100%

0%

Average Monthly Supply of Inventory

94%

-100%

-100%

0%

Average Sold Price/Original List Price Ratio

0%

0%

-100%

0%

(Source: MLS/CLAW)

49


PLAYA VISTA

SINGLE FAMILY HOME SALES Playa Vista, bordered by Marina Del Rey, Loyola Marymount University and Westchester, was recognized in1998 as one of the most technologically advanced communities ever planned and has led the nation as an early model for sustainable development. With a range of properties from luxury to affordable, Playa Vista features an array of parks, recreational amenities and a wildlife preserve. Playa Vista is a fully connected community with complete broadband and telecommunications capabilities and is home to gaming giants Electronic Arts and the architectural firm of Frank Gehry. The area features a mix of luxury and affordable housing. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$1,299,000

$-

$1,299,000

$-

$422.99

$-

$422.99

$-

$1,297,498

$-

$1,297,498

$-

$422.50

$-

$422.50

$-

Total SFH Sold

2

-

2

-

Total SFH for Sale at End of Period

3

-

3

-

4.5

-

4.5

-

100%

0%

100%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$-

$-

$-

$-

Average List Price per Square Foot

$-

$-

$-

$-

Average Sold Price

$-

$-

$-

$-

Average Sold Price per Square Foot

$-

$-

$-

$-

Total SFH Sold

-

-

-

-

Total SFH for Sale at End of Period

3

-

3

-

Average Monthly Supply of Inventory

-

-

-

-

0%

0%

0%

0%

> $3M

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

0%

0%

0%

0%

Average List Price per Square Foot

0%

0%

0%

0%

Average Sold Price

0%

0%

0%

0%

Average Sold Price per Square Foot

0%

0%

0%

0%

Total SFH Sold

0%

0%

0%

0%

Total SFH for Sale at End of Period

0%

0%

0%

0%

Average Monthly Supply of Inventory

0%

0%

0%

0%

Average Sold Price/Original List Price Ratio

0%

0%

0%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

50


PLAYA VISTA

CONDOMINIUM SALES PLAYA VISTA MARKET OVERVIEW - FEBRUARY

In Playa Vista there were 7 condominium sales in February 2014, up from 2 in February 2013 and a 40% increase from the 5 sales closed last month. The average list price for condo sales in February 2014 was $673,114 compared to $619,500 for February 2013, representing a 9% increase. For the three-month period from December to February 2014, the average list price was 22% higher than the same period of the prior year. Average sales price for February 2014 was $669,271, compared to that of December through February 2014, which was $669,300. Comparing February 2014 to January 2014, Playa Vista saw a 3% increase in average sale price, and a 12% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$674,035

$674,035

$-

$-

Average List Price per Square Foot

$437.06

$437.06

$-

$-

$669,300

$669,300

$-

$-

$433.99

$433.99

$-

$-

Total Condos Sold

23

23

-

-

Total Condos for Sale at End of Period

24

-

-

-

Average Monthly Supply of Inventory

3.1

-

-

-

99%

99%

0%

0%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$552,473

$552,473

$-

$-

Average List Price per Square Foot

$363.44

$363.44

$-

$-

Average Sold Price

$555,180

$555,180

$-

$-

Average Sold Price per Square Foot

$365.22

$365.22

$-

$-

Total Condos Sold

15

15

-

-

Total Condos for Sale at End of Period

8

6

2

-

Average Monthly Supply of Inventory

1.6

1.2

-

-

100%

100%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

22%

22%

0%

0%

Average List Price per Square Foot

20%

20%

0%

0%

Average Sold Price

21%

21%

0%

0%

Average Sold Price per Square Foot

19%

19%

0%

0%

Total Condos Sold

53%

53%

0%

0%

Total Condos for Sale at End of Period

200%

-100%

-100%

0%

Average Monthly Supply of Inventory

96%

-100%

0%

0%

Average Sold Price/Original List Price Ratio

-1%

-1%

0%

0%

(Source: MLS/CLAW)

51


SANTA MONICA

SINGLE FAMILY HOME SALES Santa Monica offers more than simply a home. There are fishing and yacht clubs and exquisite fine dining right in your own backyard. Santa Monica is located on the Westside of Los Angeles and is comprised of 8.3 square miles of vibrant commercial districts, neighboring residential communities and a terrific public school system. Centered on three miles of wide, white, sandy beaches, Santa Monica has become a popular international destination, with many attractions such as The Santa Monica pier, Third Street Promenade, Main Street, and the ultra chic Montana Avenue. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$2,071,324

$813,500

$1,710,084

$4,615,250

$926.92

$744.22

$885.85

$1,022.69

$2,053,251

$796,778

$1,727,112

$4,485,964

$917.61

$730.23

$893.14

$994.04

Total SFH Sold

42

9

25

8

Total SFH for Sale at End of Period

34

-

13

21

Average Sold Price Average Sold Price per Square Foot

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

2.4

-

1.6

7.9

99%

98%

101%

97%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$2,082,731

$833,333

$1,766,419

$3,836,917

$947.80

$855.39

$840.63

$1,171.44

$2,103,131

$846,556

$1,770,984

$3,903,608

$960.20

$865.58

$845.18

$1,199.16

Total SFH Sold

52

9

31

12

Total SFH for Sale at End of Period

32

-

12

20

Average Monthly Supply of Inventory

1.8

-

1.2

5.0

101%

102%

100%

102%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

-1%

-2%

-3%

20%

Average List Price per Square Foot

-2%

-13%

5%

-13%

Average Sold Price

-2%

-6%

-2%

15%

Average Sold Price per Square Foot

-4%

-16%

6%

-17%

Total SFH Sold

-19%

0%

-19%

-33%

Total SFH for Sale at End of Period

6%

0%

8%

5%

Average Monthly Supply of Inventory

32%

0%

34%

58%

Average Sold Price/Original List Price Ratio

-2%

-4%

1%

-4% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

52


SANTA MONICA

CONDOMINIUM SALES SANTA MONICA MARKET OVERVIEW - FEBRUARY

In Santa Monica there were 26 condominium sales in February 2014, up from 22 in February 2013 and a 30% increase from the 20 sales closed last month. The average list price for condo sales in February 2014 was $977,631 compared to $1,135,920 for February 2013, representing a 14% decrease. For the three-month period from December to February 2014, the average list price was 9% higher than the same period of the prior year. Average sales price for February 2014 was $965,214, compared to that of December through February 2014, which was $913,184. Comparing February 2014 to January 2014, Santa Monica saw a 7% decrease in average sale price, and a 15% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014 Average List Price

ALL

< $1M

$1M - $3M

> $3M

$929,293

$632,901

$1,360,531

$3,872,500

Average List Price per Square Foot

$733.14

$600.00

$778.01

$1,384.64

Average Sold Price

$913,184

$640,458

$1,343,462

$3,487,500

$720.11

$608.42

$766.29

$1,246.98

Total Condos Sold

83

63

16

4

Total Condos for Sale at End of Period

158

-

-

-

Average Monthly Supply of Inventory

5.7

-

-

-

98%

101%

99%

90%

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$848,900

$582,540

$1,400,094

$5,200,000

$659.69

$533.33

$786.57

$1,716.74

$838,504

$582,222

$1,369,882

$5,000,000

$652.12

$534.23

$769.60

$1,650.71

Total Condos Sold

91

66

24

1

Total Condos for Sale at End of Period

46

27

15

4

Average Monthly Supply of Inventory

1.5

1.2

1.9

12.0

99%

100%

98%

96%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

9%

9%

-3%

-26%

Average List Price per Square Foot

11%

13%

-1%

-19%

Average Sold Price

9%

10%

-2%

-30%

Average Sold Price per Square Foot

10%

14%

0%

-24%

Total Condos Sold

-9%

-5%

-33%

300%

Total Condos for Sale at End of Period

243%

-100%

-100%

-100%

Average Monthly Supply of Inventory

277%

-100%

-100%

-100%

-1%

1%

1%

-6%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

53


SILVERLAKE - ECHO PARK

SINGLE FAMILY HOME SALES

The hilly neighborhood of Silverlake can be found east of Hollywood and northwest of Downtown Los Angeles. Silverlake is the home of its namesake reservoir and its reputable music scene. The community is both socioeconomically and ethnically diverse bringing it tremendous character. Echo Park is one of Los Angeles’ most long-established neighborhoods, finding its origin in the late 1880’s. Its rolling hills and steep bluffs enrich this prime location featuring Craftsman-style homes, Spanish-style bungalows, and modern architecture. This Eastside enclave is the home to the annual Lotus Festival, the Cuban Festival, and historic Filipinotown as well as many famous residents. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$782,190

$666,157

$1,150,765

$-

$493.12

$486.54

$505.93

$-

$799,884

$683,309

$1,170,182

$-

$505.75

$499.20

$518.51

$-

Total SFH Sold

71

54

17

Total SFH for Sale at End of Period

43

38

5

-

Average Monthly Supply of Inventory

1.8

2.1

0.9

-

102%

103%

102%

0%

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$572,842

$551,217

$1,149,500

$-

$417.78

$410.99

$524.81

$-

$569,834

$549,203

$1,120,000

$-

$415.95

$409.90

$511.34

$-

Total SFH Sold

83

80

3

-

Total SFH for Sale at End of Period

39

37

2

-

Average Monthly Supply of Inventory

1.4

1.4

2.0

-

99%

100%

97%

0%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

37%

21%

0%

0%

Average List Price per Square Foot

18%

18%

-4%

0%

Average Sold Price

40%

24%

4%

0%

Average Sold Price per Square Foot

22%

22%

1%

0%

Total SFH Sold

-14%

-33%

467%

0%

Total SFH for Sale at End of Period

10%

3%

150%

0%

Average Monthly Supply of Inventory

29%

52%

-56%

0%

Average Sold Price/Original List Price Ratio

3%

3%

4%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

54


SILVERLAKE - ECHO PARK

CONDOMINIUM SALES SILVERLAKE - ECHO PARK MARKET OVERVIEW - FEBRUARY

In Silver Lake - Echo Park there were 26 single family home sales in February 2014, down from 29 in February 2013 and a 86% increase from the 14 sales closed last month. The average list price for single family home sales in February 2014 was $769,291 compared to $561,962 for February 2013, representing a 37% increase. For the three-month period from December to February 2014, the average list price was 37% higher than the same period of the prior year. Average sales price for February 2014 was $783,154, compared to that of December through February 2014, which was $799,884. Comparing February 2014 to January 2014, Silver Lake - Echo Park was flat in average sale price, and a 37% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$532,590

$532,590

$-

$-

Average List Price per Square Foot

$378.39

$378.39

$-

$-

Average Sold Price

$533,878

$533,878

$-

$-

$379.31

$379.31

$-

$-

Average List Price

Average Sold Price per Square Foot Total Condos Sold

10

10

-

-

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

100%

100%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$421,167

$421,167

$-

$-

Average List Price per Square Foot

$359.51

$359.51

$-

$-

Average Sold Price

$426,167

$426,167

$-

$-

Average Sold Price per Square Foot

$363.78

$363.78

$-

$-

Total Condos Sold

6

6

-

-

Total Condos for Sale at End of Period

5

5

-

-

Average Monthly Supply of Inventory

2.5

2.5

-

-

101%

101%

0%

0%

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

26%

26%

0%

0%

Average List Price per Square Foot

5%

5%

0%

0%

Average Sold Price

25%

25%

0%

0%

Average Sold Price per Square Foot

4%

4%

0%

0%

Total Condos Sold

67%

67%

0%

0%

Total Condos for Sale at End of Period

-100%

-100%

0%

0%

Average Monthly Supply of Inventory

-100%

-100%

0%

0%

-1%

-1%

0%

0%

Average List Price

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

55


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. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$2,313,174

$874,929

$1,729,919

$7,454,750

$802.62

$568.82

$644.24

$1,212.53

$2,235,737

$864,524

$1,689,020

$7,095,583

$775.79

$562.06

$629.15

$1,154.11

Total SFH Sold

87

21

54

12

Total SFH for Sale at End of Period

156

13

91

52

Average Sold Price Average Sold Price per Square Foot

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

5.4

1.9

5.1

13.0

97%

99%

98%

95%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,849,962

$809,808

$1,624,657

$5,180,714

$670.31

$429.00

$590.66

$1,078.02

$1,781,386

$779,059

$1,551,556

$5,036,429

$646.51

$412.08

$564.08

$1,053.68

Total SFH Sold

98

34

50

14

Total SFH for Sale at End of Period

138

22

70

46

Average Monthly Supply of Inventory

4.2

1.9

4.2

9.9

96%

96%

96%

97%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

25%

8%

6%

44%

Average List Price per Square Foot

20%

33%

9%

12%

Average Sold Price

26%

11%

9%

41%

Average Sold Price per Square Foot

20%

36%

12%

10%

Total SFH Sold

-11%

-38%

8%

-14%

Total SFH for Sale at End of Period

13%

-41%

30%

13%

Average Monthly Supply of Inventory

27%

-4%

20%

32%

Average Sold Price/Original List Price Ratio

0%

3%

2%

-2% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

56


CONDOMINIUM SALES

SUNSET STRIP - HOLLYWOOD HILLS

SUNSET STRIP - HOLLYWOOD HILLS MARKET OVERVIEW - FEBRUARY In Sunset Strip - Hollywood Hills West there were 34 single family home sales in February 2014, up from 26 in February 2013 and a 36% increase from the 25 sales closed last month. The average list price for single family home sales in February 2014 was $2,411,394 compared to $2,109,124 for February 2013, representing a 14% increase. For the threemonth period from December to February 2014, the average list price was 25% higher than the same period of the prior year. Average sales price for February 2014 was $2,450,959, compared to that of December through February 2014, which was $2,235,737. Comparing February 2014 to January 2014, Sunset Strip - Hollywood Hills West saw a 68% increase in average sale price, and a 19% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$672,988

$490,363

$-

$3,595,000

$621.78

$469.02

$-

$2,150.12

Average Sold Price

$658,553

$477,838

$-

$3,550,000

Average Sold Price per Square Foot

$608.45

$457.04

$-

$2,123.21

Total Condos Sold

17

16

-

1

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

98%

97%

0%

99%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$595,083

$456,934

$1,907,500

$-

Average List Price per Square Foot

$462.38

$375.09

$982.99

$-

Average Sold Price

$578,286

$450,474

$1,792,500

$-

Average Sold Price per Square Foot

$449.33

$369.78

$923.73

$-

Total Condos Sold

21

19

2

-

Total Condos for Sale at End of Period

19

13

5

1

Average Monthly Supply of Inventory

2.7

2.1

7.5

-

97%

99%

94%

0%

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

13%

7%

-100%

0%

Average List Price per Square Foot

34%

25%

-100%

0%

Average Sold Price

14%

6%

-100%

0%

Average Sold Price per Square Foot

35%

24%

-100%

0%

Total Condos Sold

-19%

-16%

-100%

0%

Total Condos for Sale at End of Period

-100%

-100%

-100%

-100%

Average Monthly Supply of Inventory

-100%

-100%

-100%

0%

1%

-1%

-100%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

57


VENICE

SINGLE FAMILY HOME SALES Venice is a beachfront district on the Westside of Los Angeles, California, known for its bungalows, cottages, condos and oceanfront properties. A short walk from some of the finest and trendiest beachside restaurants and bars in Los Angeles, Venice offers surfing, kayaking, boating, biking, boogie boarding and outdoor summer concerts. The famous Venice Beach Strip and Muscle Beach are a short walk away. With its variety of bungalows, cottages, condos and oceanfront listings, Venice is an ideal retreat for family, friends or couples, for work or play, and is one of Los Angelesâ&#x20AC;&#x2122;s most sought-after neighborhoods. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$1,650,428

$888,000

$1,563,602

$3,998,333

$957.27

$593.98

$918.44

$1,693.25

$1,635,745

$904,000

$1,542,902

$4,035,000

$948.76

$604.68

$906.28

$1,708.78

Total SFH Sold

53

4

46

3

Total SFH for Sale at End of Period

36

1

31

4

Average Sold Price Average Sold Price per Square Foot

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

2.0

0.8

2.0

4.0

99%

102%

99%

101%

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,518,878

$861,800

$1,656,956

$3,395,000

$817.99

$664.10

$827.49

$1,358.00

$1,498,453

$867,170

$1,623,785

$3,550,000

$806.99

$668.24

$810.93

$1,420.00

Total SFH Sold

45

10

34

1

Total SFH for Sale at End of Period

33

5

22

6

Average Monthly Supply of Inventory

2.2

1.5

1.9

18.0

99%

101%

98%

105%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

9%

3%

-6%

18%

Average List Price per Square Foot

17%

-11%

11%

25%

Average Sold Price

9%

4%

-5%

14%

Average Sold Price per Square Foot

18%

-10%

12%

20%

Total SFH Sold

18%

-60%

35%

200%

Total SFH for Sale at End of Period

9%

-80%

41%

-33%

Average Monthly Supply of Inventory

-7%

-50%

4%

-78%

Average Sold Price/Original List Price Ratio

0%

1%

1%

-3% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

58


VENICE

CONDOMINIUM SALES VENICE MARKET OVERVIEW - FEBRUARY

In Venice there were 9 single family home sales in February 2014, down from 10 in February 2013 and a 47% decrease from the 17 sales closed last month. The average list price for single family home sales in February 2014 was $1,737,444 compared to $1,244,300 for February 2013, representing a 40% increase. For the three-month period from December to February 2014, the average list price was 9% higher than the same period of the prior year. Average sales price for February 2014 was $1,712,222, compared to that of December through February 2014, which was $1,635,745. Comparing February 2014 to January 2014, Venice saw a 26% increase in average sale price, and a 37% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$1,360,250

$816,000

$1,686,800

$-

$731.37

$659.13

$755.40

$-

$1,334,375

$803,000

$1,653,200

$-

$717.45

$648.63

$740.35

$-

Total Condos Sold

8

3

5

-

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

98%

98%

98%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,154,000

$803,333

$1,417,000

$-

$757.64

$949.19

$697.77

$-

$1,148,429

$809,667

$1,402,500

$-

$753.99

$956.68

$690.63

$-

Total Condos Sold

7

3

4

-

Total Condos for Sale at End of Period

5

-

5

-

Average Monthly Supply of Inventory

2.1

-

3.8

-

100%

101%

99%

0%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

18%

2%

19%

0%

Average List Price per Square Foot

-3%

-31%

8%

0%

Average Sold Price

16%

-1%

18%

0%

Average Sold Price per Square Foot

-5%

-32%

7%

0%

Total Condos Sold

14%

0%

25%

0%

Total Condos for Sale at End of Period

-100%

0%

-100%

0%

Average Monthly Supply of Inventory

-100%

0%

-100%

0%

-1%

-2%

-1%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

59


WEST HOLLYWOOD

SINGLE FAMILY HOME SALES West Hollywood is a thriving, diverse community on the leading edge of culture, entertainment, and design - and is home to the internationally reknown Pacific Design Center. Minutes away is the Hollywood Bowl, The Greek Theatre, and The Getty Center. The uniquely compact city boasts the Sunset Strip, Santa Monica Boulevard, Robertson, and Melrose; truly Los Angelesâ&#x20AC;&#x2122; Mecca for fashion, fine dining, unparalleled nightlife, and the worldrenowned entertainment industry. Incorporated in 1984, West Hollywood has been instrumental since its start in achieving cultural, environmental, and political breakthroughs. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$1,410,068

$909,513

$1,456,182

$4,400,000

$657.91

$590.45

$678.32

$-

$1,396,960

$902,565

$1,439,784

$4,410,000

$651.25

$585.94

$671.01

$-

Total SFH Sold

31

8

22

1

Total SFH for Sale at End of Period

24

3

20

1

Average Monthly Supply of Inventory

2.3

1.1

2.7

3.0

99%

99%

99%

100%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,181,636

$789,625

$1,530,091

$-

$696.12

$632.65

$741.31

$-

$1,156,294

$773,625

$1,496,444

$-

$681.30

$619.83

$725.06

$-

Total SFH Sold

17

8

9

-

Total SFH for Sale at End of Period

24

5

18

1

Average Monthly Supply of Inventory

4.2

1.9

6.0

-

98%

98%

98%

0%

> $3M

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

19%

15%

-5%

0%

Average List Price per Square Foot

-5%

-7%

-8%

0%

Average Sold Price

21%

17%

-4%

0%

Average Sold Price per Square Foot

-4%

-5%

-7%

0%

Total SFH Sold

82%

0%

144%

0%

Total SFH for Sale at End of Period Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

0%

-40%

11%

0%

-45%

-40%

-55%

0%

1%

1%

1%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

60


WEST HOLLYWOOD

CONDOMINIUM SALES WEST HOLLYWOOD MARKET OVERVIEW - FEBRUARY

In West Hollywood Vicinity there were 29 condominium sales in February 2014, up from 27 in February 2013 and a 53% increase from the 19 sales closed last month. The average list price for condo sales in February 2014 was $585,616 compared to $547,300 for February 2013, representing a 7% increase. For the three-month period from December to February 2014, the average list price was 12% higher than the same period of the prior year. Average sales price for February 2014 was $573,983, compared to that of December through February 2014, which was $625,307. Comparing February 2014 to January 2014, West Hollywood Vicinity saw a 12% decrease in average sale price, but a 6% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014 Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot Total Condos Sold

ALL

< $1M

$1M - $3M

> $3M

$636,166

$589,757

$1,173,185

$-

$531.32

$508.68

$707.77

$-

$625,307

$580,627

$1,142,328

$-

$522.48

$501.10

$689.16

$-

88

81

7

-

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

98%

98%

97%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$570,348

$551,630

$1,125,667

$-

Average List Price per Square Foot

$451.83

$448.11

$513.22

$-

Average Sold Price

$556,874

$538,943

$1,088,833

$-

$441.10

$437.75

$496.43

$-

Total Condos Sold

92

89

3

-

Total Condos for Sale at End of Period

51

38

11

2

Average Monthly Supply of Inventory

1.7

1.3

11.0

-

98%

98%

97%

0%

Average List Price

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

12%

7%

4%

0%

Average List Price per Square Foot

18%

14%

38%

0%

Average Sold Price

12%

8%

5%

0%

Average Sold Price per Square Foot

18%

14%

39%

0%

Total Condos Sold

-4%

-9%

133%

0%

Total Condos for Sale at End of Period

-100%

-100%

-100%

-100%

Average Monthly Supply of Inventory

-100%

-100%

-100%

0%

1%

1%

1%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

61


WEST LOS ANGELES

SINGLE FAMILY HOME SALES Surrounded by Santa Monica, Beverly Hills, the ocean and the Santa Monica Mountains is the city of West Los Angeles, known for its 1920s, mid-century and contemporary architecture. With its rolling hills and proximity to the ocean, West Los Angeles was originally developed as an upscale community and is still considered one of the most desirable areas to live in Los Angeles today. With its central location between Los Angeles and the ocean, West Los Angeles has attracted a diverse range of commercial development to add to its 1920s through mid-century and contemporary architecture. The area is home to some of the worldâ&#x20AC;&#x2122;s finest shopping. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

$848,538

$792,542

$1,324,500

$-

Average List Price per Square Foot

$544.40

$559.35

$483.75

$-

Average Sold Price

$839,158

$782,235

$1,323,000

$-

Average Sold Price per Square Foot

$540.13

$554.16

$483.20

$-

Total SFH Sold

19

17

2

-

Total SFH for Sale at End of Period

8

5

3

-

1.3

0.9

4.5

-

99%

99%

100%

0%

Average List Price

Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$674,105

$674,105

$-

$-

Average List Price per Square Foot

$484.95

$484.95

$-

$-

Average Sold Price

$676,868

$676,868

$-

$-

$489.75

$489.75

$-

$-

Total SFH Sold

19

19

-

-

Total SFH for Sale at End of Period

12

11

1

-

Average Monthly Supply of Inventory

1.9

1.7

-

-

100%

100%

0%

0%

> $3M

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

Average List Price

26%

18%

0%

0%

Average List Price per Square Foot

12%

15%

0%

0%

Average Sold Price

24%

16%

0%

0%

Average Sold Price per Square Foot

10%

13%

0%

0%

Total SFH Sold

0%

-11%

0%

0%

Total SFH for Sale at End of Period

-33%

-55%

200%

0%

Average Monthly Supply of Inventory

-33%

-49%

0%

0%

Average Sold Price/Original List Price Ratio

-2%

-2%

0%

0% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

62


WEST LOS ANGELES

CONDOMINIUM SALES WEST LOS ANGELES MARKET OVERVIEW - FEBRUARY

In West Los Angeles there were 14 condominium sales in February 2014, up from 11 in February 2013 and a 27% increase from the 11 sales closed last month. The average list price for condo sales in February 2014 was $638,879 compared to $672,091 for February 2013. For the three-month period from December to February 2014, the average list price was 10% higher than the same period of the prior year. Average sales price for February 2014 was $634,786, compared to that of December through February 2014, which was $647,263. Comparing February 2014 to January 2014, West Los Angeles saw a 10% increase in average sale price, but a 5% decrease compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$647,727

$631,450

$1,250,000

$-

Average List Price per Square Foot

$443.89

$439.53

$544.90

$-

Average Sold Price

$647,263

$631,581

$1,227,500

$-

Average Sold Price per Square Foot

$443.57

$439.62

$535.09

$-

Total Condos Sold

38

37

1

-

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

100%

100%

98%

0%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$588,689

$576,218

$1,100,000

$-

Average List Price per Square Foot

$400.79

$399.83

$422.59

$-

Average Sold Price

$582,552

$571,151

$1,050,000

$-

$396.61

$396.31

$403.38

$-

Total Condos Sold

42

41

1

-

Total Condos for Sale at End of Period

20

17

3

-

Average Monthly Supply of Inventory

1.4

1.2

9.0

-

99%

99%

95%

0%

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

10%

10%

14%

0%

Average List Price per Square Foot

11%

10%

29%

0%

Average Sold Price

11%

11%

17%

0%

Average Sold Price per Square Foot

12%

11%

33%

0%

Total Condos Sold

-10%

-10%

0%

0%

Total Condos for Sale at End of Period

-100%

-100%

-100%

0%

Average Monthly Supply of Inventory

-100%

-100%

-100%

0%

1%

1%

3%

0%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

63


WESTWOOD - CENTURY CITY

SINGLE FAMILY HOME SALES

Westwood is a neighborhood in the northern central portion of the Westside of Los Angeles, California, known for its condos, townhomes, California bungalows and single-family homes. Westwood is the home of the University of California, Los Angeles (UCLA), and is also a center for movie-going on the Westside and the site of many movie premieres. Century City is a 176acre commercial and residential district on the Westside of the city of Los Angeles. Century City is also an important business center. Many law firms and executives, particularly those with ties to the film, television and music industries, have offices there. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SINGLE FAMILY HOMES (SFH) DEC - FEB 2014 Average List Price Average List Price per Square Foot

ALL

< $1M

$1M - $3M

> $3M

$1,714,158

$931,500

$1,717,061

$4,749,000

$702.44

$616.79

$688.23

$1,071.53

$1,694,342

$892,750

$1,705,425

$4,535,000

$694.00

$591.13

$683.35

$1,023.24

Total SFH Sold

38

4

33

1

Total SFH for Sale at End of Period

17

-

16

1

Average Monthly Supply of Inventory

1.3

-

1.5

3.0

99%

96%

99%

95%

Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

$1,625,485

$890,500

$1,637,368

$5,922,500

$606.66

$526.56

$598.80

$732.44

$1,590,089

$870,667

$1,627,629

$5,550,000

$593.45

$514.83

$595.24

$686.37

Total SFH Sold

33

12

19

2

Total SFH for Sale at End of Period

21

4

14

3

Average Monthly Supply of Inventory

1.9

1.0

2.2

4.5

98%

98%

99%

94%

Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

SFH FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

5%

5%

5%

-20%

Average List Price per Square Foot

16%

17%

15%

46%

Average Sold Price

7%

3%

5%

-18%

Average Sold Price per Square Foot

17%

15%

15%

49%

Total SFH Sold

15%

-67%

74%

-50%

Total SFH for Sale at End of Period

-19%

-100%

14%

-67%

Average Monthly Supply of Inventory

-30%

-100%

-34%

-33%

1%

-2%

0%

Average Sold Price/Original List Price Ratio

2% (Source: MLS/CLAW)

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

64


WESTWOOD - CENTURY CITY

CONDOMINIUM SALES

WESTWOOD - CENTURY CITY MARKET OVERVIEW - FEBRUARY

In Westwood - Century City there were 40 condominium sales in February 2014, which is the same as February 2013 and a 67% increase from the 24 sales closed last month. The average list price for condo sales in February 2014 was $1,152,775 compared to $981,208 for February 2013, representing a 17% increase. For the three-month period from December to February 2014, the average list price was 12% higher than the same period of the prior year. Average sales price for February 2014 was $1,118,138, compared to that of December through February 2014, which was $1,037,630. Comparing February 2014 to January 2014, Westwood - Century City saw a 14% increase in average sale price, and a 21% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2014 Average List Price Average List Price per Square Foot Average Sold Price Average Sold Price per Square Foot Total Condos Sold

ALL

< $1M

$1M - $3M

> $3M

$1,070,469

$649,579

$1,439,267

$3,884,400

$618.76

$452.07

$630.30

$1,294.10

$1,037,630

$635,257

$1,365,710

$3,764,500

$599.82

$442.20

$598.09

$1,254.10

105

80

15

10

Total Condos for Sale at End of Period

-

-

-

-

Average Monthly Supply of Inventory

-

-

-

-

97%

98%

95%

97%

Average Sold Price/Original List Price Ratio

CONDOS DEC - FEB 2013

ALL

< $1M

$1M - $3M

> $3M

Average List Price

$957,517

$594,041

$1,733,500

$4,256,250

Average List Price per Square Foot

$539.09

$396.36

$671.11

$1,321.30

Average Sold Price

$883,918

$582,868

$1,558,600

$3,456,250

$497.65

$388.91

$603.40

$1,072.95

Total Condos Sold

103

79

20

4

Total Condos for Sale at End of Period

152

81

50

21

Average Monthly Supply of Inventory

4.4

3.1

7.5

15.8

92%

98%

90%

81%

Average Sold Price per Square Foot

Average Sold Price/Original List Price Ratio

CONDOS FEB/FEB COMPARISON

ALL

< $1M

$1M - $3M

> $3M

Average List Price

12%

9%

-17%

-9%

Average List Price per Square Foot

15%

14%

-6%

-2%

Average Sold Price

17%

9%

-12%

9%

Average Sold Price per Square Foot

21%

14%

-1%

17%

Total Condos Sold

2%

1%

-25%

150%

Total Condos for Sale at End of Period

-100%

-100%

-100%

-100%

Average Monthly Supply of Inventory

-100%

-100%

-100%

-100%

5%

0%

6%

19%

Average Sold Price/Original List Price Ratio (Source: MLS/CLAW)

65

Los Angeles Market Report February 2014