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Teles intelligence

micro market report orange county FEBRUARY 2013 | SINGLE FAMILY HOMES REPORT


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Reading the Report

“Each Micro Market area contains an analysis of current conditions and past trends. In order to take the most away from this report, it is important to understand how to read each micro market.

The Data presents statistical information about past and current conditions, comparing the previous year’s month to the current month. Each statistic is compiled from sales data during the month of the respective year. It is then analyzed by Percent Change, which is calculated by taking Current Value minus Past Value and then divided by Past Value.

The Numbers is a compilation of important take-away statistics for each area to gain a quick understanding of market conditions. Median Sales Price and Days on Market are 12 month averages for the period ending in the current month. The values for Properties for Sale and Shadow Inventory are presented in both text and graphical form to show the relationship of Shadow to Active Inventory.

The Yearly Trend presents the Median Sales Prices for each month during the past year in graphical format to easily visualize the changes and help identify any trends in sales for that micro market.


Median Price:

Days of market (Pending Sale):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

It can be interpreted like an average, however the extreme prices (high and

Month’s Supply of Inventory:

low) don’t hold undue influence.

The number of months it would take to sell all the properties listed for sale at

Average Price per Square Foot:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

Percent Under Contract:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

Properties Sold:

The number of property transactions

Average Median Price for Last 12:

that closed and transferred ownership.

The Average Median Price for the Last 12 Months is sales data from 12 months

Properties Pending Sale:

ending in the identified month

The number of properties that entered escrow in preparation for sale.

Shadow Inventory:

Properties in Pre-Foreclosure, Bank Properties For Sale:

Owned or Auction as identified by

The number of properties on the

ForeclosureRadar.com

market and seeking buyers.


san fern

orange county

south b

Orange County Macro Market

Dana Point

Huntington Beach

Balboa Peninsula

East Bluff - Harbor View

Irvine

Corona del Mar - Spyglass

East Costa Mesa

Laguna Beach (all areas)

Crystal Cove

Fountain Valley

Laguna Niguel

Micro Market Report : February 2013


telesintelligence.com

nando

san gabriel

bay

los angeles

Long Beach

Newport Heights

West Bay - Santa Ana Heights

Lower Newport Bay - Balboa Island

Shady Canyon

West Newport - Lido

Newport Beach (all areas)

Turtle Ridge

Westminster

Newport Coast

Turtle Rock

February 2013 : Micro Market Report


Orange County Macro Market DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$470,000

$571,366

21.6%

Average Price per Square Foot ...........................

$304

$341

12.2%

Properties Sold .......................................................

1236

1171

-5.3%

Properties Pending Sale .......................................

1673

1745

4.3%

Properties For Sale ................................................

9040

4735

-47.6%

Days on Market (Pending Sale) ...........................

109

46

-57.8%

Month’s Supply of Inventory ................................

7.3

4.0

-44.7%

Percent Under Contract ........................................

18.5%

36.9%

99.1%

Average Median Price for Last 12 Months ........

$493,000

$523,672

6.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$571

M E D I A N

S A L E S

(in hundred thousands)

$470

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

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FEB


telesintelligence.com


Balboa Peninsula DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$3,500,875

$1,687,000

-51.8%

Average Price per Square Foot ...........................

$1,108

$583

-47.4%

Properties Sold .......................................................

6

2

-66.7%

Properties Pending Sale .......................................

8

5

-37.5%

Properties For Sale ................................................

78

50

-35.9%

Days on Market (Pending Sale) ...........................

203

100

-50.7%

Month’s Supply of Inventory ................................

13.0

25.0

92.3%

Percent Under Contract ........................................

10.3%

10.0%

-2.5%

Average Median Price for Last 12 Months ........

$2,328,000

$2,048,106

-12.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

M E D I A N

$1.687

S A L E S

$3.501

(in hundred thousands)

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$2,048,106 PROPERTIES FOR SALE

50 DAYS ON MARKET**

162 shadow inventory

8

(92663, 92661 Zip Codes)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Corona del Mar - Spyglass DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$2,275,000

$1,525,000

-33.0%

Average Price per Square Foot ...........................

$1,327

$926

-30.2%

Properties Sold .......................................................

7

9

28.6%

Properties Pending Sale .......................................

18

18

0.0%

Properties For Sale ................................................

116

77

-33.6%

Days on Market (Pending Sale) ...........................

119

86

-27.7%

Month’s Supply of Inventory ................................

16.6

8.6

-48.4%

Percent Under Contract ........................................

15.5%

23.4%

50.6%

Average Median Price for Last 12 Months ........

$1,843,000

$1,780,212

-3.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

M E D I A N

$1.525

S A L E S

$2.275

(in hundred thousands)

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

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JUL

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DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$1,780,212 PROPERTIES FOR SALE

77 DAYS ON MARKET**

104 shadow inventory

14

(92625 Zip Code)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Crystal Cove DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$6,012,500

$3,535,000

-41.2%

Average Price per Square Foot ...........................

$987

$926

-6.2%

Properties Sold .......................................................

4

6

50.0%

Properties Pending Sale .......................................

1

6

500.0%

Properties For Sale ................................................

32

26

-18.8%

Days on Market (Pending Sale) ...........................

122

52

-57.4%

Month’s Supply of Inventory ................................

8.0

4.3

-45.8%

Percent Under Contract ........................................

3.1%

23.1%

638.5%

Average Median Price for Last 12 Months ........

$4,354,000

$4,154,269

-4.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

M E D I A N

$3.535

S A L E S

$6.013

(in hundred thousands)

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

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JUL

AUG

SEP

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DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$4,154,269 PROPERTIES FOR SALE

26 DAYS ON MARKET**

75 shadow inventory

22

(92657 Zip Code)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Dana Point DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$669,900

$829,500

23.8%

Average Price per Square Foot ...........................

$336

$417

24.1%

Properties Sold .......................................................

17

25

47.1%

Properties Pending Sale .......................................

23

47

104.3%

Properties For Sale ................................................

215

144

-33.0%

Days on Market (Pending Sale) ...........................

136

91

-33.1%

Month’s Supply of Inventory ................................

12.6

5.8

-54.5%

Percent Under Contract ........................................

10.7%

32.6%

205.1%

Average Median Price for Last 12 Months ........

$646,000

$717,723

11.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$830

M E D I A N

S A L E S

(in hundred thousands)

$670

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$717,723 PROPERTIES FOR SALE

144 DAYS ON MARKET**

111 shadow inventory

46

(92657 Zip Code)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


East Bluff - Harbor View DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$1,410,000

$985,000

-30.1%

Average Price per Square Foot ...........................

$511

$527

3.1%

Properties Sold .......................................................

11

12

9.1%

Properties Pending Sale .......................................

17

20

17.6%

Properties For Sale ................................................

125

78

-37.6%

Days on Market (Pending Sale) ...........................

129

74

-42.6%

Month’s Supply of Inventory ................................

11.4

6.5

-42.8%

Percent Under Contract ........................................

13.6%

25.6%

88.5%

Average Median Price for Last 12 Months ........

$1,398,000

$1,341,765

-4.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

M E D I A N

$985

S A L E S

$1.410

(in hundred thousands)

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$1,341,765 PROPERTIES FOR SALE

78 DAYS ON MARKET**

86 shadow inventory

41

(92660 Zip Code)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


East Costa Mesa DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$620,000

$752,500

21.4%

Average Price per Square Foot ...........................

$376

$376

0.0%

Properties Sold .......................................................

11

8

-27.3%

Properties Pending Sale .......................................

11

16

45.5%

Properties For Sale ................................................

64

37

-42.2%

Days on Market (Pending Sale) ...........................

78

50

-35.9%

Month’s Supply of Inventory ................................

5.8

4.6

-20.5%

Percent Under Contract ........................................

17.2%

43.2%

151.6%

Average Median Price for Last 12 Months ........

$658,000

$693,469

5.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$753

M E D I A N

S A L E S

(in hundred thousands)

$620

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

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DEC

JAN

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telesintelligence.com

the numbers median sales price**

$693,469 PROPERTIES FOR SALE

37 DAYS ON MARKET**

104 shadow inventory

33

(92627 Zip Code)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Fountain Valley DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$542,500

$615,300

13.4%

Average Price per Square Foot ...........................

$260

$308

18.5%

Properties Sold .......................................................

22

19

-13.6%

Properties Pending Sale .......................................

31

27

-12.9%

Properties For Sale ................................................

127

59

-53.5%

Days on Market (Pending Sale) ...........................

64

36

-43.8%

Month’s Supply of Inventory ................................

5.8

3.1

-46.2%

Percent Under Contract ........................................

24.4%

45.8%

87.5%

Average Median Price for Last 12 Months ........

$549,000

$566,023

3.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$615

M E D I A N

S A L E S

(in hundred thousands)

$543

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$566,023 PROPERTIES FOR SALE

59 DAYS ON MARKET**

65 shadow inventory

54 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Huntington Beach DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$612,500

$706,750

15.4%

Average Price per Square Foot ...........................

$347

$375

8.1%

Properties Sold .......................................................

64

78

21.9%

Properties Pending Sale .......................................

117

95

-18.8%

Properties For Sale ................................................

522

272

-47.9%

Days on Market (Pending Sale) ...........................

105

39

-62.9%

Month’s Supply of Inventory ................................

8.2

3.5

-57.2%

Percent Under Contract ........................................

22.4%

34.9%

55.8%

Average Median Price for Last 12 Months ........

$589,000

$625,615

6.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$707

M E D I A N

S A L E S

(in hundred thousands)

$613

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$625,615 PROPERTIES FOR SALE

272 DAYS ON MARKET**

80 shadow inventory

175 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Irvine DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$670,000

$930,000

38.8%

Average Price per Square Foot ...........................

$376

$412

9.6%

Properties Sold .......................................................

49

57

16.3%

Properties Pending Sale .......................................

70

101

44.3%

Properties For Sale ................................................

440

238

-45.9%

Days on Market (Pending Sale) ...........................

91

52

-42.9%

Month’s Supply of Inventory ................................

9.0

4.2

-53.5%

Percent Under Contract ........................................

15.9%

42.4%

166.7%

Average Median Price for Last 12 Months ........

$701,000

$759,426

8.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

(in hundred thousands)

$930

P R I C E

yearly trend

M E D I A N

S A L E S

$670

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

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DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$759,426 PROPERTIES FOR SALE

238 DAYS ON MARKET**

80 shadow inventory

128 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Laguna Beach DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$962,500

$1,350,000

40.3%

Average Price per Square Foot ...........................

$595

$838

40.8%

Properties Sold .......................................................

32

27

-15.6%

Properties Pending Sale .......................................

36

34

-5.6%

Properties For Sale ................................................

308

204

-33.8%

Days on Market (Pending Sale) ...........................

180

104

-42.2%

Month’s Supply of Inventory ................................

9.6

7.6

-21.5%

Percent Under Contract ........................................

11.7%

16.7%

42.6%

Average Median Price for Last 12 Months ........

$1,165,000

$1,352,115

16.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

S A L E S

(in hundred thousands)

$1.350

P R I C E

yearly trend

M E D I A N

$963

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$1,352,115 PROPERTIES FOR SALE

204 DAYS ON MARKET**

132 shadow inventory

30 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Laguna Niguel DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$597,500

$659,000

10.3%

Average Price per Square Foot ...........................

$281

$347

23.5%

Properties Sold .......................................................

44

55

25.0%

Properties Pending Sale .......................................

56

53

-5.4%

Properties For Sale ................................................

328

166

-49.4%

Days on Market (Pending Sale) ...........................

110

49

-55.5%

Month’s Supply of Inventory ................................

7.5

3.0

-59.5%

Percent Under Contract ........................................

17.1%

31.9%

87.0%

Average Median Price for Last 12 Months ........

$653,000

$643,294

-1.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$659

M E D I A N

S A L E S

(in hundred thousands)

$598

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

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DEC

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telesintelligence.com

the numbers median sales price**

$643,294 PROPERTIES FOR SALE

166 DAYS ON MARKET**

94 shadow inventory

102 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Long Beach DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$325,000

$394,000

21.2%

Average Price per Square Foot ...........................

$275

$304

10.5%

Properties Sold .......................................................

182

150

-17.6%

Properties Pending Sale .......................................

210

190

-9.5%

Properties For Sale ................................................

995

523

-47.4%

Days on Market (Pending Sale) ...........................

91

39

-57.1%

Month’s Supply of Inventory ................................

5.5

3.5

-36.2%

Percent Under Contract ........................................

21.1%

36.3%

72.1%

Average Median Price for Last 12 Months ........

$349,000

$369,331

5.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

(in hundred thousands)

$394

P R I C E

yearly trend

M E D I A N

S A L E S

$325

FEB

MAR

APR

MAY

Micro Market Report : February 2013

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JUL

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DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$369,331 PROPERTIES FOR SALE

523 DAYS ON MARKET**

72 shadow inventory

424 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Lower Newport Bay - Balboa Island DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$1,425,000

$1,817,500

27.5%

Average Price per Square Foot ...........................

$829

$773

-6.8%

Properties Sold .......................................................

4

4

0.0%

Properties Pending Sale .......................................

7

10

42.9%

Properties For Sale ................................................

54

37

-31.5%

Days on Market (Pending Sale) ...........................

164

150

-8.5%

Month’s Supply of Inventory ................................

13.5

9.3

-31.5%

Percent Under Contract ........................................

13.0%

27.0%

108.5%

Average Median Price for Last 12 Months ........

$1,961,000

$2,252,981

14.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

M E D I A N

$1.425

S A L E S

$1.818

(in hundred thousands)

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

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JUL

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DEC

JAN

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telesintelligence.com

the numbers median sales price**

$2,252,981 PROPERTIES FOR SALE

37 DAYS ON MARKET**

129 shadow inventory

19

(92660, 92662, 92663 Zip Codes)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Newport Beach DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$1,365,000

$1,500,000

9.9%

Average Price per Square Foot ...........................

$621

$608

-2.1%

Properties Sold .......................................................

38

25

-34.2%

Properties Pending Sale .......................................

50

51

2.0%

Properties For Sale ................................................

410

260

-36.6%

Days on Market (Pending Sale) ...........................

143

100

-30.1%

Month’s Supply of Inventory ................................

10.8

10.4

-3.6%

Percent Under Contract ........................................

12.2%

19.6%

60.8%

Average Median Price for Last 12 Months ........

$1,337,000

$1,438,192

7.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$1.500

M E D I A N

S A L E S

(in hundred thousands)

$1.365

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

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NOV

DEC

JAN

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telesintelligence.com

the numbers median sales price**

$1,438,192 PROPERTIES FOR SALE

260 DAYS ON MARKET**

110 shadow inventory

66 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Newport Coast DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$1,562,500

$3,300,000

111.2%

Average Price per Square Foot ...........................

$761

$806

5.9%

Properties Sold .......................................................

14

15

7.1%

Properties Pending Sale .......................................

10

19

90.0%

Properties For Sale ................................................

120

80

-33.3%

Days on Market (Pending Sale) ...........................

90

58

-35.6%

Month’s Supply of Inventory ................................

8.6

5.3

-37.8%

Percent Under Contract ........................................

8.3%

23.8%

185.0%

Average Median Price for Last 12 Months ........

$1,948,000

$2,188,673

12.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

S A L E S

(in hundred thousands)

$3.300

P R I C E

yearly trend

M E D I A N

$1.563

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$2,188,673 PROPERTIES FOR SALE

80 DAYS ON MARKET**

88 shadow inventory

19 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Newport Heights DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$1,247,500

$0

-100.0%

Average Price per Square Foot ...........................

$358

$0

-100.0%

Properties Sold .......................................................

2

0

-100.0%

Properties Pending Sale .......................................

2

6

200.0%

Properties For Sale ................................................

25

27

8.0%

Days on Market (Pending Sale) ...........................

167

57

-65.9%

Month’s Supply of Inventory ................................

12.5

N/A

N/A

Percent Under Contract ........................................

8.0%

22.2%

177.8%

Average Median Price for Last 12 Months ........

$1,165,000

$1,288,917

10.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$0 FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

M E D I A N

S A L E S

$1.248

(in hundred thousands)

P R I C E

yearly trend


telesintelligence.com

the numbers median sales price**

$1,288,917 PROPERTIES FOR SALE

27 DAYS ON MARKET**

93 shadow inventory

18

(92663 Zip Code)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Shady Canyon DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$4,650,000

$5,083,500

9.3%

Average Price per Square Foot ...........................

$573

$630

9.9%

Properties Sold .......................................................

2

2

0.0%

Properties Pending Sale .......................................

4

3

-25.0%

Properties For Sale ................................................

23

17

-26.1%

Days on Market (Pending Sale) ...........................

60

287

378.3%

Month’s Supply of Inventory ................................

11.5

8.5

-26.1%

Percent Under Contract ........................................

17.4%

17.6%

1.5%

Average Median Price for Last 12 Months ........

$3,873,000

$4,613,763

19.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

M E D I A N

S A L E S

$5.084

$4.650

(in hundred thousands)

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$4,613,763 PROPERTIES FOR SALE

17 DAYS ON MARKET**

83 shadow inventory

0 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Turtle Ridge DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$1,690,000

$2,875,000

70.1%

Average Price per Square Foot ...........................

$538

$612

13.8%

Properties Sold .......................................................

2

2

0.0%

Properties Pending Sale .......................................

2

4

100.0%

Properties For Sale ................................................

24

12

-50.0%

Days on Market (Pending Sale) ...........................

152

52

-65.8%

Month’s Supply of Inventory ................................

12.0

6.0

-50.0%

Percent Under Contract ........................................

8.3%

33.3%

300.0%

Average Median Price for Last 12 Months ........

$1,911,000

$2,019,615

5.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

S A L E S

(in hundred thousands)

$2.875

P R I C E

yearly trend

M E D I A N

$1.690

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$2,019,615 PROPERTIES FOR SALE

12 DAYS ON MARKET**

114 shadow inventory

20

(92603 Zip Code)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Turtle Rock DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$0

$1,135,000

N/A

Average Price per Square Foot ...........................

$0

$417

N/A

Properties Sold .......................................................

0

3

N/A

Properties Pending Sale .......................................

3

1

-66.7%

Properties For Sale ................................................

22

8

-63.6%

Days on Market (Pending Sale) ...........................

77

8

-89.6%

Month’s Supply of Inventory ................................

N/A

2.7

N/A

Percent Under Contract ........................................

13.6%

12.5%

-8.3%

Average Median Price for Last 12 Months ........

$1,099,000

$988,659

-10.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

M E D I A N

S A L E S

(in hundred thousands)

$1.135

P R I C E

yearly trend

$0 FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$988,659 PROPERTIES FOR SALE

8 DAYS ON MARKET**

96 shadow inventory

0 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


West Bay - Santa Ana Heights DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$1,070,000

$1,402,500

31.1%

Average Price per Square Foot ...........................

$512

$506

-1.2%

Properties Sold .......................................................

9

2

-77.8%

Properties Pending Sale .......................................

10

8

-20.0%

Properties For Sale ................................................

63

41

-34.9%

Days on Market (Pending Sale) ...........................

106

125

17.9%

Month’s Supply of Inventory ................................

7.0

20.5

192.9%

Percent Under Contract ........................................

15.9%

19.5%

22.9%

Average Median Price for Last 12 Months ........

$1,096,000

$1,194,823

9.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

S A L E S

(in hundred thousands)

$1.403

P R I C E

yearly trend

M E D I A N

$1.070

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$1,194,823 PROPERTIES FOR SALE

41 DAYS ON MARKET**

101 shadow inventory

41

(92660 Zip Code)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


West Newport - Lido DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$1,264,500

$1,395,000

10.3%

Average Price per Square Foot ...........................

$582

$734

26.1%

Properties Sold .......................................................

6

5

-16.7%

Properties Pending Sale .......................................

6

2

-66.7%

Properties For Sale ................................................

65

27

-58.5%

Days on Market (Pending Sale) ...........................

133

128

-3.8%

Month’s Supply of Inventory ................................

10.8

5.4

-50.2%

Percent Under Contract ........................................

9.2%

7.4%

-19.8%

Average Median Price for Last 12 Months ........

$1,268,000

$1,699,769

34.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$1.395

$1.265

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

M E D I A N

S A L E S

(in hundred thousands)

P R I C E

yearly trend


telesintelligence.com

the numbers median sales price**

$1,699,769 PROPERTIES FOR SALE

27 DAYS ON MARKET**

127 shadow inventory

18

(92663 Zip Code)

**12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Westminster DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$380,000

$490,000

28.9%

Average Price per Square Foot ...........................

$252

$288

14.3%

Properties Sold .......................................................

43

27

-37.2%

Properties Pending Sale .......................................

42

50

19.0%

Properties For Sale ................................................

210

92

-56.2%

Days on Market (Pending Sale) ...........................

101

21

-79.2%

Month’s Supply of Inventory ................................

4.9

3.4

-30.2%

Percent Under Contract ........................................

20.0%

54.3%

171.7%

Average Median Price for Last 12 Months ........

$398,000

$404,238

1.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$490

M E D I A N

S A L E S

(in hundred thousands)

$380

P R I C E

yearly trend

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB


telesintelligence.com

the numbers median sales price**

$404,238 PROPERTIES FOR SALE

92 DAYS ON MARKET**

62 shadow inventory

74 **12 month average

active listings

shadow inventory

Teles intelligence where data meets reason

February 2013 : Micro Market Report


Navigating Solutions. At Riviera Financial, the business of real estate finance is about much more than loans. It is about offering diverse and competitive products; advising borrowers to make informed choices to support and protect their security; providing extraordinarily thorough customer care; and navigating solutions. Our customers expect and deserve the highest level of service and performance in all of their borrowing activities. When it comes to dedicated, comprehensive real estate finance, Riviera Financial delivers.

Get the full lending experience at rivierafinancial.com or contact a loan professional by calling 424.203.1850

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References

CONTACTS:

Zachariah Kahn Research & Data Designer, Teles Intelligence zach@telesintelligence.com Sharran Srivatsaa Chief Executive Officer, Teles Intelligence sharran.srivatsaa@telesproperties.com

location:

Teles Intelligence 11990 San Vicente Blvd, Suite 100 Los Angeles, Ca 90049

Phone:

424.203.1800 email:

info@telesintelligence.com


Teles intelligence FEBRUARY 2013 | LOS ANGELES | ORANGE COUNTY | SAN FERNANDO | SAN GABRIEL | SOUTH BAY Š2013 Teles Properties, Inc. Teles Properties is a registered trademark.

Orange County Micro Market Report: February 2013  

The report is in response to our observation that the media’s focus, headlines, and articles revolve around housing data at a macro level an...