April 2014 Micro Market Report | Teles Properties

Page 61

Woodland Hills DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$640,000

$653,000

$670,000

$710,000

10.9%

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

$283

$295

$311

$312

10.2%

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

90

55

32

61

-32.2%

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

84

62

47

67

-20.2%

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

98

157

123

160

63.3%

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

69

72

61

63

-8.7%

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

1.1

2.9

3.8

2.6

140.9%

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

85.7%

39.5%

38.2%

41.9%

-51.1%

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

$549,692

$661,833

$670,000

$656,308

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.

current market snapshot APR

$640

MAY

$710,000

JUN JUL

MEDIAN SALES PRICE

AUG

$312

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$710 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : April 2014

telesproperties.com


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