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Teles intelligence

micro market report orange county June 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

Irvine

Balboa Peninsula

East Bluff - Harbor View

Ladera Ranch

Corona del Mar - Spyglass

East Costa Mesa

Laguna Beach (all areas)

Coto de Caza

Fountain Valley

Laguna Hills

Crystal Cove

Huntington Beach

Laguna Niguel

Micro Market Report : June 2013


telesintelligence.com

nando

san gabriel

bay

los angeles

Long Beach

Newport Heights

Turtle Ridge

Lower Newport Bay - Balboa Island

Rancho Santa Margarita

Turtle Rock

Mission Viejo

San Clemente

West Bay - Santa Ana Heights

Newport Beach (all areas)

San Juan Capistrano

West Newport - Lido

Newport Coast

Shady Canyon

Westminster

June 2013 : Micro Market Report


Orange County DATA*

Jun 2012

Jun 2013

% CHANGE

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

$530,000

$640,000

20.8%

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

$317

$371

17.0%

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

1936

1824

-5.8%

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

1876

1950

3.9%

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

8,497

6,024

-29.1%

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

88

39

-55.7%

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

4.4

3.3

-24.8%

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

22.1%

32.4%

46.6%

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

$491,000

$564,430

15.0%

*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.

$640

M E D I A N

S A L E S

(in hundred thousands)

$530

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


Balboa Peninsula DATA*

Jun 2012

Jun 2013

% CHANGE

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

$2,325,000

$1,825,000

-21.5%

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

$766

$1,112

45.2%

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

2

5

150.0%

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

8

5

-37.5%

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

84

38

-54.8%

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

169

63

-62.7%

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

42

7.6

-81.9%

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

9.5%

13.2%

38.2%

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

$2,300,000

$1,869,385

-18.7%

*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.

M E D I A N

$1.825

S A L E S

$2.325

(in hundred thousands)

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$1,869,385

PROPERTIES FOR SALE

38

DAYS ON MARKET**

136

shadow inventory

3

(3)

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Corona del Mar - Spyglass DATA*

Jun 2012

Jun 2013

% CHANGE

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

$1,675,000

$1,970,500

17.6%

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

$953

$801

-15.9%

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

21

12

-42.9%

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

19

17

-10.5%

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

112

74

-33.9%

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

81

71

-12.3%

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

5.3

6.2

15.6%

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

17.0%

23.0%

35.4%

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

$1,801,111

$1,963,135

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.

M E D I A N

$1.675

S A L E S

$1.970

(in hundred thousands)

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$1,963,135

PROPERTIES FOR SALE

74

DAYS ON MARKET**

98

shadow inventory

19

(19)

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Coto de Caza DATA*

Jun 2012

Jun 2013

% CHANGE

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

$960,000

$1,015,000

5.7%

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

$260

$330

26.9%

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

23

25

8.7%

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

22

22

0.0%

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

139

114

-18.0%

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

137

39

-71.5%

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

6

4.6

-24.5%

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

15.8%

19.3%

21.9%

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

$908,000

$966,369

6.4%

*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.

$1.015

M E D I A N

S A L E S

(in hundred thousands)

$960

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$966,369

PROPERTIES FOR SALE

114

DAYS ON MARKET**

95

shadow inventory

32

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Crystal Cove DATA*

Jun 2012

Jun 2013

% CHANGE

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

$2,070,500

$5,200,000

151.1%

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

$765

$977

27.7%

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

2

4

100.0%

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

2

2

0.0%

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

32

27

-15.6%

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

108

46

-57.4%

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

16

6.8

-57.8%

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

6.2%

7.4%

18.5%

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

$4,193,000

$4,170,231

-0.5%

*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.

$2.070

Jun

S A L E S M E D I A N

$5.200

(in hundred thousands)

P R I C E

yearly trend

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$4,170,231

PROPERTIES FOR SALE

27

DAYS ON MARKET**

75

shadow inventory

12

(12)

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Dana Point DATA*

Jun 2012

Jun 2013

% CHANGE

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

$724,500

$799,000

10.3%

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

$380

$734

93.2%

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

36

39

8.3%

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

42

37

-11.9%

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

255

189

-25.9%

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

88

58

-34.1%

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

7.1

4.8

-31.6%

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

16.5%

19.6%

18.9%

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

$657,000

$775,231

18.0%

*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)

$799

$724

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$775,231

PROPERTIES FOR SALE

189

DAYS ON MARKET**

98

shadow inventory

30

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


East Bluff - Harbor View DATA*

Jun 2012

Jun 2013

% CHANGE

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

$1,300,000

$2,107,500

62.1%

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

$518

$608

17.4%

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

24

22

-8.3%

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

25

23

-8.0%

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

137

68

-50.4%

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

102

42

-58.8%

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

5.7

3.1

-45.9%

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

18.2%

33.8%

85.4%

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

$1,362,000

$1,459,761

7.2%

*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.

S A L E S

(in hundred thousands)

$2.107

P R I C E

yearly trend

M E D I A N

$1.300

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$1,459,761

PROPERTIES FOR SALE

68

DAYS ON MARKET**

78

shadow inventory

29

(29)

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


East Costa Mesa DATA*

Jun 2012

Jun 2013

% CHANGE

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

$619,000

$777,000

25.5%

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

$303

$453

49.5%

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

9

20

122.2%

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

9

21

133.3%

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

61

62

1.6%

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

67

35

-47.8%

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

6.8

3.1

-54.3%

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

14.8%

33.9%

129.6%

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

$649,000

$746,704

15.1%

*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.

(in hundred thousands)

$777

P R I C E

yearly trend

M E D I A N

S A L E S

$619

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$746,704

PROPERTIES FOR SALE

62

DAYS ON MARKET**

90

shadow inventory

25

(25)

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Fountain Valley DATA*

Jun 2012

Jun 2013

% CHANGE

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

$572,500

$654,000

14.2%

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

$288

$330

14.6%

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

36

26

-27.8%

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

37

40

8.1%

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

122

81

-33.6%

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

87

28

-67.8%

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

3.4

3.1

-8.1%

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

30.3%

49.4%

62.8%

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

$542,000

$593,812

9.6%

*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.

$654

M E D I A N

S A L E S

(in hundred thousands)

$572

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$593,812

PROPERTIES FOR SALE

81

DAYS ON MARKET**

55

shadow inventory

38

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Huntington Beach DATA*

Jun 2012

Jun 2013

% CHANGE

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

$602,125

$712,000

18.2%

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

$354

$404

14.1%

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

114

121

6.1%

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

113

125

10.6%

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

487

380

-22.0%

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

82

42

-48.8%

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

4.3

3.1

-26.5%

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

23.2%

32.9%

41.8%

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

$597,000

$645,650

8.1%

*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.

$712

M E D I A N

S A L E S

(in hundred thousands)

$602

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$645,650

PROPERTIES FOR SALE

380

DAYS ON MARKET**

68

shadow inventory

128

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Irvine DATA*

Jun 2012

Jun 2013

% CHANGE

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

$760,000

$876,500

15.3%

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

$383

$422

10.2%

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

99

94

-5.1%

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

108

111

2.8%

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

453

331

-26.9%

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

77

37

-51.9%

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

4.6

3.5

-23.0%

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

23.8%

33.5%

40.7%

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

$693,000

$819,291

18.2%

*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.

$876

M E D I A N

S A L E S

(in hundred thousands)

$760

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$819,291

PROPERTIES FOR SALE

331

DAYS ON MARKET**

67

shadow inventory

93

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Ladera Ranch DATA*

Jun 2012

Jun 2013

% CHANGE

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

$675,000

$834,444

23.6%

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

$265

$308

16.2%

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

29

44

51.7%

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

31

44

41.9%

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

135

128

-5.2%

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

81

43

-46.9%

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

4.7

2.9

-37.5%

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

23.0%

34.4%

49.7%

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

$635,000

$744,282

17.2%

*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.

$834

M E D I A N

S A L E S

(in hundred thousands)

$675

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$744,282

PROPERTIES FOR SALE

128

DAYS ON MARKET**

82

shadow inventory

24

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Laguna Beach DATA*

Jun 2012

Jun 2013

% CHANGE

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

$1,317,500

$1,527,500

15.9%

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

$772

$904

17.1%

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

38

34

-10.5%

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

35

32

-8.6%

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

307

254

-17.3%

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

157

84

-46.5%

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

8.1

7.5

-7.5%

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

11.4%

12.6%

10.5%

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

$1,230,000

$1,449,862

17.9%

*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.

$1.527

M E D I A N

S A L E S

(in hundred thousands)

$1.317

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$1,449,862

PROPERTIES FOR SALE

254

DAYS ON MARKET**

110

shadow inventory

31

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Laguna Niguel DATA*

Jun 2012

Jun 2013

% CHANGE

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

$616,825

$835,000

35.4%

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

$289

$360

24.6%

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

64

61

-4.7%

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

69

73

5.8%

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

313

214

-31.6%

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

85

44

-48.2%

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

4.9

3.5

-28.3%

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

22.0%

34.1%

54.7%

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

$640,000

$690,040

7.8%

*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)

$835

P R I C E

yearly trend

M E D I A N

S A L E S

$616

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$690,040

PROPERTIES FOR SALE

214

DAYS ON MARKET**

77

shadow inventory

83

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Laguna Hills DATA*

Jun 2012

Jun 2013

% CHANGE

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

$792,500

$716,000

-9.7%

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

$275

$332

20.7%

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

26

20

-23.1%

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

18

21

16.7%

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

100

83

-17.0%

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

90

24

-73.3%

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

3.8

4.2

7.9%

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

18.0%

25.3%

40.6%

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

$556,000

$667,496

20.1%

*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.

$792

M E D I A N

S A L E S

(in hundred thousands)

$716

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$667,496

PROPERTIES FOR SALE

83

DAYS ON MARKET**

66

shadow inventory

40

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Laguna Woods DATA*

Jun 2012

Jun 2013

% CHANGE

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

$0

$625,000

%

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

$0

$393

%

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

0

1

%

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

0

0

%

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

0

2

%

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

0

0

%

2

%

Month’s Supply of Inventory ................................ Percent Under Contract ........................................

%

0.0%

%

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

$582,000

$582,000

0.0%

*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)

$625

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$582,000

PROPERTIES FOR SALE

2

DAYS ON MARKET**

28

shadow inventory

0

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Lower Newport Bay - Balboa Island DATA*

Jun 2012

Jun 2013

% CHANGE

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

$2,500,000

$2,425,000

-3.0%

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

$847

$1,044

23.3%

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

7

5

-28.6%

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

9

6

-33.3%

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

62

36

-41.9%

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

156

50

-67.9%

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

8.9

7.2

-18.7%

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

14.5%

16.7%

14.8%

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

$2,014,000

$2,316,923

15.0%

*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

$2.425

S A L E S

$2.500

(in hundred thousands)

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$2,316,923

PROPERTIES FOR SALE

36

DAYS ON MARKET**

111

shadow inventory

17

(17)

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Mission Viejo DATA*

Jun 2012

Jun 2013

% CHANGE

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

$494,500

$600,000

21.3%

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

$253

$318

25.7%

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

106

84

-20.8%

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

85

102

20.0%

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

319

245

-23.2%

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

74

40

-45.9%

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

3

2.9

-3.1%

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

26.6%

41.6%

56.2%

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

$477,000

$549,865

15.3%

*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.

$600

M E D I A N

S A L E S

(in hundred thousands)

$494

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$549,865

PROPERTIES FOR SALE

245

DAYS ON MARKET**

59

shadow inventory

139

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Newport Beach DATA*

Jun 2012

Jun 2013

% CHANGE

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

$1,312,500

$1,831,250

39.5%

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

$647

$696

7.6%

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

64

49

-23.4%

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

62

58

-6.5%

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

447

265

-40.7%

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

121

64

-47.1%

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

7

5.4

-22.6%

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

13.9%

21.9%

57.8%

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

$1,323,000

$1,526,058

15.3%

*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)

$1.831

P R I C E

yearly trend

M E D I A N

S A L E S

$1.312

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$1,526,058

PROPERTIES FOR SALE

265

DAYS ON MARKET**

97

shadow inventory

53

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Newport Coast DATA*

Jun 2012

Jun 2013

% CHANGE

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

$1,931,000

$2,872,500

48.8%

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

$719

$757

5.3%

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

18

16

-11.1%

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

13

12

-7.7%

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

142

91

-35.9%

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

58

62

6.9%

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

7.9

5.7

-27.9%

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

9.2%

13.2%

44.0%

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

$1,935,000

$2,592,192

34.0%

*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)

$2.872

P R I C E

yearly trend

M E D I A N

$1.931

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$2,592,192

PROPERTIES FOR SALE

91

DAYS ON MARKET**

89

shadow inventory

8

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Newport Heights DATA*

Jun 2012

Jun 2013

% CHANGE

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

$1,275,000

$1,385,000

8.6%

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

$624

$567

-9.1%

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

9

5

-44.4%

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

6

5

-16.7%

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

31

33

6.5%

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

97

68

-29.9%

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

3.4

6.6

91.6%

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

19.4%

15.2%

-21.7%

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

$1,128,000

$1,437,417

27.4%

*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

S A L E S

$1.385

$1.275

(in hundred thousands)

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$1,437,417

PROPERTIES FOR SALE

33

DAYS ON MARKET**

77

shadow inventory

17

(17)

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Rancho Santa Margarita DATA*

Jun 2012

Jun 2013

% CHANGE

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

$555,000

$672,500

21.2%

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

$238

$303

27.3%

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

67

58

-13.4%

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

57

45

-21.1%

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

173

107

-38.2%

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

107

31

-71.0%

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

2.6

1.8

-28.6%

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

32.9%

42.1%

27.6%

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

$503,000

$568,558

13.0%

*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.

$672

M E D I A N

S A L E S

(in hundred thousands)

$555

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$568,558

PROPERTIES FOR SALE

107

DAYS ON MARKET**

67

shadow inventory

54

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


San Clemente DATA*

Jun 2012

Jun 2013

% CHANGE

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

$660,000

$855,000

29.5%

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

$298

$372

24.8%

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

83

69

-16.9%

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

80

77

-3.8%

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

354

295

-16.7%

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

103

58

-43.7%

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

4.3

4.3

0.2%

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

22.6%

26.1%

15.5%

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

$658,000

$736,573

11.9%

*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.

$855

M E D I A N

S A L E S

(in hundred thousands)

$660

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$736,573

PROPERTIES FOR SALE

295

DAYS ON MARKET**

76

shadow inventory

87

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


San Juan Capistrano DATA*

Jun 2012

Jun 2013

% CHANGE

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

$854,900

$875,000

2.4%

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

$280

$327

16.8%

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

43

27

-37.2%

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

41

28

-31.7%

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

170

144

-15.3%

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

109

46

-57.8%

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

4

5.3

34.9%

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

24.1%

19.4%

-19.4%

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

$586,000

$687,088

17.3%

*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.

$875

M E D I A N

S A L E S

(in hundred thousands)

$854

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$687,088

PROPERTIES FOR SALE

144

DAYS ON MARKET**

77

shadow inventory

45

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Shady Canyon DATA*

Jun 2012

Jun 2013

% CHANGE

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

$3,275,000

$0

-100.0%

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

$617

$0

-100.0%

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

2

0

-100.0%

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

5

1

-80.0%

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

28

11

-60.7%

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

120

310

158.3%

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

14

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

17.9%

9.1%

-49.1%

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

$4,209,000

$5,161,250

22.6%

%

*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.

S A L E S

(in hundred thousands)

P R I C E

yearly trend

M E D I A N

$3.275

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$5,161,250

PROPERTIES FOR SALE

11

DAYS ON MARKET**

123

shadow inventory

0

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Turtle Ridge DATA*

Jun 2012

Jun 2013

% CHANGE

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

$2,007,500

$2,031,500

1.2%

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

$546

$584

7.0%

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

6

6

0.0%

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

8

7

-12.5%

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

36

23

-36.1%

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

107

40

-62.6%

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

6

3.8

-36.1%

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

22.2%

30.4%

37.0%

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

$1,902,000

$2,033,462

6.9%

*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

S A L E S

$2.031

$2.007

(in hundred thousands)

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$2,033,462

PROPERTIES FOR SALE

23

DAYS ON MARKET**

93

shadow inventory

17

(17)

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Turtle Rock DATA*

Jun 2012

Jun 2013

% CHANGE

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

$823,250

$1,205,000

46.4%

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

$435

$581

33.6%

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

6

2

-66.7%

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

6

1

-83.3%

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

30

4

-86.7%

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

64

9

-85.9%

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

5

2

-60.0%

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

20.0%

25.0%

25.0%

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

$1,013,000

$1,059,229

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.

S A L E S

(in hundred thousands)

$1.205

P R I C E

yearly trend

M E D I A N

$823

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$1,059,229

PROPERTIES FOR SALE

4

DAYS ON MARKET**

88

shadow inventory

0

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


Westminster DATA*

Jun 2012

Jun 2013

% CHANGE

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

$385,000

$510,000

32.5%

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

$278

$277

-0.4%

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

31

40

29.0%

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

45

37

-17.8%

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

166

110

-33.7%

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

68

20

-70.6%

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

5.4

2.8

-48.6%

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

27.1%

33.6%

24.1%

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

$391,000

$434,033

11.0%

*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.

$510

M E D I A N

S A L E S

(in hundred thousands)

$385

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$434,033

PROPERTIES FOR SALE

110

DAYS ON MARKET**

47

shadow inventory

76

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


West Bay - Santa Ana Heights DATA*

Jun 2012

Jun 2013

% CHANGE

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

$1,225,000

$1,295,500

5.8%

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

$434

$580

33.6%

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

9

6

-33.3%

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

8

10

25.0%

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

64

33

-48.4%

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

105

51

-51.4%

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

7.1

5.5

-22.7%

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

12.5%

30.3%

142.4%

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

$1,120,000

$1,256,592

12.2%

*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.

M E D I A N

S A L E S

(in hundred thousands)

$1.295

$1.225

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$1,256,592

PROPERTIES FOR SALE

33

DAYS ON MARKET**

91

shadow inventory

29

(29)

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 2013 : Micro Market Report


West Newport - Lido DATA*

Jun 2012

Jun 2013

% CHANGE

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

$1,325,000

$1,474,500

11.3%

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

$979

$636

-35.0%

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

13

6

-53.8%

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

6

9

50.0%

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

69

57

-17.4%

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

132

144

9.1%

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

5.3

9.5

79.0%

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

8.7%

15.8%

81.6%

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

$1,264,000

$1,779,577

40.8%

*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.

M E D I A N

S A L E S

$1.474

$1.325

(in hundred thousands)

P R I C E

yearly trend

Jun

Jul

Aug

Sep

Micro Market Report : June 2013

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun


telesintelligence.com

the numbers median sales price**

$1,779,577

PROPERTIES FOR SALE

57

DAYS ON MARKET**

121

shadow inventory

17

(17)

**12 month average

active listings

s h ado w i n v e n t o r y

Teles intelligence where data meets reason

June 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 June 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 : June 2013