Greater Los Angeles Market Update | 3-Month Ending February 2015

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BEVERLYWOOD

CONDOMINIUM SALES FEBRUARY MARKET OVERVIEW

In Beverlywood there were 8 single family home sales in February 2015, down from 10 in February 2014 and a 47% decrease from the 15 sales closed last month. The average list price for single family home sales in February 2015 was $1,002,000 compared to $920,800 for February 2014, representing a 9% increase. For the three-month period from December to February 2015, the average list price was 11% lower than the same period of the prior year. Average sales price for February 2015 was $991,688, compared to that of December through February 2015, which was $947,153. Comparing February 2015 to January 2015, Beverlywood saw a 1% increase in average sale price, and a 8% increase compared to same month of the prior year.

CONDOMINIUMS (CONDOS) DEC - FEB 2015

ALL

< $1M

$1M - $3M

> $3M

$680,800

$680,800

$-

$-

AVERAGE LIST PRICE PER SQUARE FOOT

$452.75

$452.75

$-

$-

AVERAGE SOLD PRICE

$674,391

$674,391

$-

$-

AVERAGE SOLD PRICE PER SQUARE FOOT

$448.49

$448.49

$-

$-

16

16

-

-

TOTAL CONDOS FOR SALE AT END OF PERIOD

-

-

-

-

AVERAGE MONTHLY SUPPLY OF INVENTORY

-

-

-

-

99%

99%

0%

0%

ALL

< $1M

$1M - $3M

> $3M

AVERAGE LIST PRICE

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS DEC - FEB 2014

$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

$-

$-

12

12

-

-

AVERAGE LIST PRICE

TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD

10

10

-

AVERAGE MONTHLY SUPPLY OF INVENTORY

2.5

2.5

-

-

99%

99%

0%

0%

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO

CONDOS FEB/FEB COMPARISON AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT

ALL

< $1M

$1M - $3M

> $3M

25%

25%

0%

0%

8%

8%

0%

0%

25%

25%

0%

0%

8%

8%

0%

0%

33%

33%

0%

0%

TOTAL CONDOS FOR SALE AT END OF PERIOD

-100%

-100%

0%

0%

AVERAGE MONTHLY SUPPLY OF INVENTORY

-100%

-100%

0%

0%

0%

0%

0%

0%

TOTAL CONDOS SOLD

AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)

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