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Teles intelligence

micro market report orange county October 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 : October 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

October 2013 : Micro Market Report


Orange County DATA*

Oct 2012

Oct 2013

% CHANGE

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

$532,500

$639,450

20.1%

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

$323

$391

21.1%

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

1868

1470

-21.3%

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

1790

1577

-11.9%

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

6,758

6,775

0.3%

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

84

55

-34.5%

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

3.6

4.6

27.4%

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

26.5%

23.3%

-12.1%

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

$499,000

$599,792

20.2%

*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.

$639

M E D I A N

S A L E S

(in hundred thousands)

$532

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


Balboa Peninsula DATA*

Oct 2012

Oct 2013

% CHANGE

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

$1,775,000

$3,337,500

88.0%

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

$944

$1,345

42.5%

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

9

4

-55.6%

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

5

8

60.0%

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

63

46

-27.0%

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

206

135

-34.5%

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

7

11.5

64.3%

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

7.9%

17.4%

119.1%

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

$2,140,000

$2,226,115

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.

S A L E S

(in hundred thousands)

$3.337

P R I C E

yearly trend

M E D I A N

$1.775

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$2,226,115

PROPERTIES FOR SALE

46

DAYS ON MARKET**

119

shadow inventory

4

(4.0)

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Corona del Mar - Spyglass DATA*

Oct 2012

Oct 2013

% CHANGE

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

$1,620,000

$1,900,000

17.3%

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

$796

$849

6.7%

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

12

9

-25.0%

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

8

10

25.0%

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

76

73

-3.9%

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

118

80

-32.2%

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

6.3

8.1

28.1%

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

10.5%

13.7%

30.1%

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

$1,771,000

$2,118,692

19.6%

*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

S A L E S

$1.900 $1.620

(in hundred thousands)

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$2,118,692

PROPERTIES FOR SALE

73

DAYS ON MARKET**

83

shadow inventory

9

(9.0)

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Coto de Caza DATA*

Oct 2012

Oct 2013

% CHANGE

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

$790,000

$1,280,000

62.0%

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

$273

$347

27.1%

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

19

15

-21.1%

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

24

20

-16.7%

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

124

139

12.1%

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

117

61

-47.9%

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

6.5

9.3

42.0%

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

19.4%

14.4%

-25.7%

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

$877,000

$1,002,612

14.3%

*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.

S A L E S

(in hundred thousands)

$1.280

P R I C E

yearly trend

M E D I A N

$790

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$1,002,612

PROPERTIES FOR SALE

139

DAYS ON MARKET**

81

shadow inventory

22

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Crystal Cove DATA*

Oct 2012

Oct 2013

% CHANGE

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

$3,225,000

$3,800,000

17.8%

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

$834

$965

15.7%

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

5

4

-20.0%

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

3

2

-33.3%

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

23

20

-13.0%

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

32

212

562.5%

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

4.6

5

8.7%

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

13.0%

10.0%

-23.3%

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

$3,745,000

$4,698,462

25.5%

*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.

Oct

M E D I A N

S A L E S

$3.800

$3.225

(in hundred thousands)

P R I C E

yearly trend

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$4,698,462

PROPERTIES FOR SALE

20

DAYS ON MARKET**

85

shadow inventory

8

(8.0)

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Dana Point DATA*

Oct 2012

Oct 2013

% CHANGE

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

$727,500

$1,000,000

37.5%

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

$427

$558

30.7%

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

40

32

-20.0%

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

32

36

12.5%

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

199

201

1.0%

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

98

84

-14.3%

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

5

6.3

26.3%

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

16.1%

17.9%

11.4%

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

$674,000

$857,385

27.2%

*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.

(in hundred thousands)

$1.000

P R I C E

yearly trend

M E D I A N

S A L E S

$727

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$857,385

PROPERTIES FOR SALE

201

DAYS ON MARKET**

87

shadow inventory

30

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


East Bluff - Harbor View DATA*

Oct 2012

Oct 2013

% CHANGE

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

$1,284,500

$1,493,750

16.3%

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

$525

$574

9.3%

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

18

16

-11.1%

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

20

12

-40.0%

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

87

77

-11.5%

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

83

59

-28.9%

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

4.8

4.8

-0.4%

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

23.0%

15.6%

-32.2%

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

$1,363,000

$1,549,938

13.7%

*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

$1.284

S A L E S

$1.493

(in hundred thousands)

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$1,549,938

PROPERTIES FOR SALE

77

DAYS ON MARKET**

65

shadow inventory

21

(21.0)

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


East Costa Mesa DATA*

Oct 2012

Oct 2013

% CHANGE

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

$750,000

$867,000

15.6%

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

$412

$498

20.9%

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

12

22

83.3%

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

8

15

87.5%

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

49

73

49.0%

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

80

54

-32.5%

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

4.1

3.3

-18.7%

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

16.3%

20.5%

25.9%

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

$655,000

$814,842

24.4%

*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.

$867

M E D I A N

S A L E S

(in hundred thousands)

$750

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$814,842

PROPERTIES FOR SALE

73

DAYS ON MARKET**

78

shadow inventory

30

(30.0)

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Fountain Valley DATA*

Oct 2012

Oct 2013

% CHANGE

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

$585,000

$672,500

15.0%

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

$299

$319

6.7%

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

27

26

-3.7%

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

35

25

-28.6%

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

87

82

-5.7%

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

77

48

-37.7%

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

3.2

3.2

-2.1%

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

40.2%

30.5%

-24.2%

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

$549,000

$621,273

13.2%

*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.

$672

M E D I A N

S A L E S

(in hundred thousands)

$585

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$621,273

PROPERTIES FOR SALE

82

DAYS ON MARKET**

45

shadow inventory

39

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Huntington Beach DATA*

Oct 2012

Oct 2013

% CHANGE

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

$635,000

$735,000

15.7%

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

$347

$418

20.5%

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

131

103

-21.4%

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

118

94

-20.3%

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

376

384

2.1%

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

69

51

-26.1%

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

2.9

3.7

29.9%

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

31.4%

24.5%

-22.0%

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

$599,000

$684,794

14.3%

*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.

$735

M E D I A N

S A L E S

(in hundred thousands)

$635

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$684,794

PROPERTIES FOR SALE

384

DAYS ON MARKET**

58

shadow inventory

100

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Irvine DATA*

Oct 2012

Oct 2013

% CHANGE

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

$840,000

$920,000

9.5%

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

$379

$421

11.1%

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

89

91

2.2%

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

98

76

-22.4%

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

348

357

2.6%

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

76

52

-31.6%

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

3.9

3.9

0.3%

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

28.2%

21.3%

-24.4%

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

$717,000

$866,637

20.9%

*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.

$920

M E D I A N

S A L E S

(in hundred thousands)

$840

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$866,637

PROPERTIES FOR SALE

357

DAYS ON MARKET**

57

shadow inventory

74

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Ladera Ranch DATA*

Oct 2012

Oct 2013

% CHANGE

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

$751,000

$820,000

9.2%

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

$268

$309

15.3%

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

29

13

-55.2%

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

31

26

-16.1%

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

111

128

15.3%

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

114

70

-38.6%

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

3.8

9.8

157.2%

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

27.9%

20.3%

-27.3%

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

$652,000

$784,071

20.3%

*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.

$820

M E D I A N

S A L E S

(in hundred thousands)

$751

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$784,071

PROPERTIES FOR SALE

128

DAYS ON MARKET**

78

shadow inventory

21

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Laguna Beach DATA*

Oct 2012

Oct 2013

% CHANGE

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

$1,135,000

$1,575,000

38.8%

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

$665

$1,201

80.6%

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

35

24

-31.4%

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

30

25

-16.7%

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

229

249

8.7%

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

172

116

-32.6%

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

6.5

10.4

58.6%

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

13.1%

10.0%

-23.4%

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

$1,316,000

$1,529,688

16.2%

*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)

$1.575

P R I C E

yearly trend

M E D I A N

$1.135

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$1,529,688

PROPERTIES FOR SALE

249

DAYS ON MARKET**

102

shadow inventory

19

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Laguna Niguel DATA*

Oct 2012

Oct 2013

% CHANGE

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

$630,000

$867,900

37.8%

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

$306

$396

29.4%

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

70

45

-35.7%

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

58

36

-37.9%

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

218

208

-4.6%

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

86

52

-39.5%

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

3.1

4.6

48.4%

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

26.6%

17.3%

-34.9%

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

$634,000

$737,354

16.3%

*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)

$867

P R I C E

yearly trend

M E D I A N

S A L E S

$630

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$737,354

PROPERTIES FOR SALE

208

DAYS ON MARKET**

63

shadow inventory

63

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Laguna Hills DATA*

Oct 2012

Oct 2013

% CHANGE

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

$530,000

$750,000

41.5%

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

$274

$326

19.0%

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

18

11

-38.9%

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

18

24

33.3%

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

79

96

21.5%

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

59

58

-1.7%

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

4.4

8.7

98.8%

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

22.8%

25.0%

9.7%

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

$570,000

$673,304

18.1%

*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)

$750

P R I C E

yearly trend

M E D I A N

S A L E S

$530

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$673,304

PROPERTIES FOR SALE

96

DAYS ON MARKET**

55

shadow inventory

30

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Laguna Woods DATA*

Oct 2012

Oct 2013

% CHANGE

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

$0

$660,000

%

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

$0

$440

%

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

0

1

%

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

0

1

%

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

0

3

%

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

0

3

%

3

%

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

%

33.3%

%

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

$606,000

$605,600

-0.1%

*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

(in hundred thousands)

$660

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$605,600

PROPERTIES FOR SALE

3

DAYS ON MARKET**

33

shadow inventory

1

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Lower Newport Bay - Balboa Island DATA*

Oct 2012

Oct 2013

% CHANGE

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

$1,810,000

$2,915,000

61.0%

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

$1,156

$1,020

-11.8%

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

8

4

-50.0%

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

5

4

-20.0%

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

42

37

-11.9%

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

86

110

27.9%

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

5.2

9.2

76.2%

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

11.9%

10.8%

-9.2%

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

$1,990,000

$2,662,654

33.8%

*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

$1.810

S A L E S

$2.915

(in hundred thousands)

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$2,662,654

PROPERTIES FOR SALE

37

DAYS ON MARKET**

90

shadow inventory

18

(18.0)

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Mission Viejo DATA*

Oct 2012

Oct 2013

% CHANGE

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

$520,000

$617,500

18.8%

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

$265

$303

14.3%

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

99

82

-17.2%

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

90

89

-1.1%

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

259

319

23.2%

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

65

53

-18.5%

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

2.6

3.9

48.7%

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

34.7%

27.9%

-19.7%

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

$489,000

$580,677

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.

$617

M E D I A N

S A L E S

(in hundred thousands)

$520

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$580,677

PROPERTIES FOR SALE

319

DAYS ON MARKET**

48

shadow inventory

98

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Newport Beach DATA*

Oct 2012

Oct 2013

% CHANGE

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

$1,497,500

$1,850,000

23.5%

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

$771

$654

-15.2%

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

64

42

-34.4%

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

62

57

-8.1%

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

321

312

-2.8%

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

124

112

-9.7%

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

5

7.4

48.1%

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

19.3%

18.3%

-5.4%

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

$1,346,000

$1,638,596

21.7%

*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.

$1.850

M E D I A N

S A L E S

(in hundred thousands)

$1.497

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$1,638,596

PROPERTIES FOR SALE

312

DAYS ON MARKET**

86

shadow inventory

44

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Newport Coast DATA*

Oct 2012

Oct 2013

% CHANGE

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

$3,147,500

$2,435,000

-22.6%

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

$733

$792

8.0%

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

18

17

-5.6%

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

16

18

12.5%

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

105

91

-13.3%

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

85

73

-14.1%

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

5.8

5.4

-8.2%

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

15.2%

19.8%

29.8%

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

$2,033,000

$2,838,423

39.6%

*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

$2.435

S A L E S

$3.147

(in hundred thousands)

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$2,838,423

PROPERTIES FOR SALE

91

DAYS ON MARKET**

79

shadow inventory

5

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Newport Heights DATA*

Oct 2012

Oct 2013

% CHANGE

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

$1,285,000

$1,682,500

30.9%

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

$664

$799

20.3%

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

6

6

0.0%

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

6

10

66.7%

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

26

39

50.0%

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

67

86

28.4%

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

4.3

6.5

50.0%

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

23.1%

25.6%

11.1%

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

$1,164,000

$1,460,208

25.4%

*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)

$1.682

P R I C E

yearly trend

M E D I A N

$1.285

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$1,460,208

PROPERTIES FOR SALE

39

DAYS ON MARKET**

64

shadow inventory

18

(18.0)

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Rancho Santa Margarita DATA*

Oct 2012

Oct 2013

% CHANGE

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

$575,000

$637,500

10.9%

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

$244

$309

26.6%

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

44

46

4.5%

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

54

39

-27.8%

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

130

146

12.3%

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

87

53

-39.1%

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

3

3.2

7.4%

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

41.5%

26.7%

-35.7%

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

$514,000

$598,940

16.5%

*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.

$637

M E D I A N

S A L E S

(in hundred thousands)

$575

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$598,940

PROPERTIES FOR SALE

146

DAYS ON MARKET**

53

shadow inventory

48

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


San Clemente DATA*

Oct 2012

Oct 2013

% CHANGE

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

$700,000

$781,000

11.6%

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

$289

$411

42.2%

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

64

45

-29.7%

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

75

58

-22.7%

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

308

307

-0.3%

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

84

70

-16.7%

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

4.8

6.8

41.8%

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

24.4%

18.9%

-22.4%

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

$666,000

$780,765

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.

$781

M E D I A N

S A L E S

(in hundred thousands)

$700

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$780,765

PROPERTIES FOR SALE

307

DAYS ON MARKET**

68

shadow inventory

76

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


San Juan Capistrano DATA*

Oct 2012

Oct 2013

% CHANGE

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

$510,000

$637,500

25.0%

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

$238

$333

39.9%

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

27

24

-11.1%

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

25

21

-16.0%

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

140

152

8.6%

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

52

76

46.2%

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

5.2

6.3

22.1%

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

17.9%

13.8%

-22.6%

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

$584,000

$720,938

23.4%

*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

$510

S A L E S

$637

(in hundred thousands)

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$720,938

PROPERTIES FOR SALE

152

DAYS ON MARKET**

69

shadow inventory

29

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Shady Canyon DATA*

Oct 2012

Oct 2013

% CHANGE

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

$0

$0

%

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

$0

$0

%

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

0

0

%

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

2

0

-100.0%

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

25

8

-68.0%

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

146

0

-100.0% %

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

8.0%

0.0%

-100.0%

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

$4,629,000

$5,748,000

24.2%

*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)

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$5,748,000

PROPERTIES FOR SALE

8

DAYS ON MARKET**

156

shadow inventory

0

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Turtle Ridge DATA*

Oct 2012

Oct 2013

% CHANGE

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

$1,709,000

$2,620,000

53.3%

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

$551

$661

20.0%

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

6

3

-50.0%

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

2

2

0.0%

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

23

25

8.7%

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

182

96

-47.3%

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

3.8

8.3

117.4%

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

8.7%

8.0%

-8.0%

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

$1,938,000

$2,143,375

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.

S A L E S

(in hundred thousands)

$2.620

P R I C E

yearly trend

M E D I A N

$1.709

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$2,143,375

PROPERTIES FOR SALE

25

DAYS ON MARKET**

80

shadow inventory

16

(16.0)

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Turtle Rock DATA*

Oct 2012

Oct 2013

% CHANGE

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

$984,750

$1,749,000

77.6%

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

$529

$624

18.0%

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

8

2

-75.0%

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

6

2

-66.7%

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

20

10

-50.0%

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

94

66

-29.8%

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

2.5

5

100.0%

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

30.0%

20.0%

-33.3%

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

$1,015,000

$1,148,973

13.2%

*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)

$1.749

P R I C E

yearly trend

M E D I A N

$984

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$1,148,973

PROPERTIES FOR SALE

10

DAYS ON MARKET**

66

shadow inventory

0

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


Westminster DATA*

Oct 2012

Oct 2013

% CHANGE

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

$405,750

$496,000

22.2%

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

$262

$311

18.7%

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

44

43

-2.3%

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

39

38

-2.6%

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

121

113

-6.6%

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

61

41

-32.8%

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

2.8

2.6

-4.4%

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

32.2%

33.6%

4.3%

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

$390,000

$465,533

19.4%

*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.

$496

M E D I A N

S A L E S

(in hundred thousands)

$405

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$465,533

PROPERTIES FOR SALE

113

DAYS ON MARKET**

39

shadow inventory

59

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


West Bay - Santa Ana Heights DATA*

Oct 2012

Oct 2013

% CHANGE

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

$1,035,000

$1,730,000

67.1%

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

$477

$427

-10.5%

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

13

6

-53.8%

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

12

15

25.0%

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

52

57

9.6%

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

99

64

-35.4%

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

4

9.5

137.5%

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

23.1%

26.3%

14.0%

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

$1,134,000

$1,335,769

17.8%

*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.

S A L E S

(in hundred thousands)

$1.730

P R I C E

yearly trend

M E D I A N

$1.035

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$1,335,769

PROPERTIES FOR SALE

57

DAYS ON MARKET**

77

shadow inventory

21

(21.0)

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 2013 : Micro Market Report


West Newport - Lido DATA*

Oct 2012

Oct 2013

% CHANGE

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

$2,462,500

$1,787,500

-27.4%

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

$1,282

$738

-42.4%

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

10

6

-40.0%

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

14

8

-42.9%

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

51

56

9.8%

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

213

285

33.8%

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

5.1

9.3

83.0%

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

27.5%

14.3%

-48.0%

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

$1,573,000

$1,874,000

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

$1.787

S A L E S

$2.462

(in hundred thousands)

P R I C E

yearly trend

Oct

Nov

Dec

Jan

Micro Market Report : October 2013

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct


telesintelligence.com

the numbers median sales price**

$1,874,000

PROPERTIES FOR SALE

56

DAYS ON MARKET**

126

shadow inventory

18

(18.0)

**12 month average

active listings

s h a do w i n v e n t o r y

Teles intelligence where data meets reason

October 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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CONTACTS:

Aleksey Tokhner Project Manager, Teles Intelligence aleksey.tokhner@telesproperties.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 October 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: October 2013