CONDOMINIUM SALES
SUNSET STRIP - HOLLYWOOD HILLS
FEBRUARY MARKET OVERVIEW In Sunset Strip - Hollywood Hills West there were 31 single family home sales in February 2015, down from 34 in February 2014 and a 11% decrease from the 35 sales closed last month. The average list price for single family home sales in February 2015 was $1,926,094 compared to $2,411,394 for February 2014, representing a 20% decrease. For the threemonth period from December to February 2015, the average list price was 17% higher than the same period of the prior year. Average sales price for February 2015 was $1,884,714, compared to that of December through February 2015, which was $2,583,662. Comparing February 2015 to January 2015, Sunset Strip - Hollywood Hills West saw a 41% decrease in average sale price, and a 23% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS) DEC - FEB 2015 AVERAGE LIST PRICE
ALL
< $1M
$1M - $3M
> $3M
$1,617,938
$585,909
$1,000,000
$4,610,500
AVERAGE LIST PRICE PER SQUARE FOOT
$1,050.18
$457.32
$633.31
$2,054.13
AVERAGE SOLD PRICE
$1,573,257
$572,465
$1,000,000
$4,468,750
$1,021.18
$446.83
$633.31
$1,990.98
16
11
1
4
TOTAL CONDOS FOR SALE AT END OF PERIOD
-
-
-
-
AVERAGE MONTHLY SUPPLY OF INVENTORY
-
-
-
-
97%
98%
100%
97%
ALL
< $1M
$1M - $3M
> $3M
$672,988
$490,363
$-
$3,595,000
$621.78
$469.02
$-
$2,150.12
$658,553
$477,838
$-
$3,550,000
$608.45
$457.04
$-
$2,123.21
17
16
-
1
TOTAL CONDOS FOR SALE AT END OF PERIOD
-
-
-
-
AVERAGE MONTHLY SUPPLY OF INVENTORY
-
-
-
-
98%
97%
0%
99%
AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO
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
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO
CONDOS ALL
< $1M
$1M - $3M
> $3M
AVERAGE LIST PRICE
FEB/FEB COMPARISON
140%
19%
0%
28%
AVERAGE LIST PRICE PER SQUARE FOOT
69%
-2%
0%
-4% 26%
AVERAGE SOLD PRICE
139%
20%
0%
AVERAGE SOLD PRICE PER SQUARE FOOT
68%
-2%
0%
-6%
TOTAL CONDOS SOLD
-6%
-31%
0%
300%
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
-1%
0%
0%
-2%
(Source: MLS/CLAW)
57