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micro market report luxury real estate market research April 2014 | LOS ANGELES, ORANGE, SANTA BARBARA, & MONTEREY COUNTIES


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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:

The number of properties that entered escrow in preparation for sale. PROPERTIES FOR SALE:

The number of properties on the market and seeking buyers.

ending in the identified month.


Los Angeles County

Los Angeles County Macro

Mid Los Angeles

Redondo Beach

Toluca Lake

Bel Air - Holmby Hills

Mid Wilshire

Rolling Hills

Valley Village

Beverly Center - Miracle Mile

Pacific Palisades

Rolling Hills Estates

Woodland Hills

Beverly Hills

Palms - Mar Vista

San Pedro

San Gabriel Valley Macro

Beverly Hills P.O.

Playa del Rey

Torrance

Altadena

Beverlywood

Playa Vista

San Fernando Macro

Arcadia

Brentwood

Santa Monica

Burbank

Duarte

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Encino

Eagle Rock

Culver City

Venice

Glendale

La Canada Flintridge

Hancock Park - Wilshire

West Hollywood

La Crescenta

Monrovia

Hollywood

West Los Angeles

North Hollywood

Pasadena

Hollywood Hills East

Westchester

Shadow Hills

San Gabriel

Laurel Canyon

Westwood - Century City

Sherman Oaks

San Marino

Los Feliz

South Bay Macro

Studio City

Sierra Madre

Malibu

Manhattan Beach

Sun Valley

South Pasadena

Malibu Beach

Palos Verdes Estates

Sunland - Tujunga

Marina del Rey

Rancho Palos Verdes

Tarzana

Micro Market Report : April 2014

telesproperties.com


County: LOS ANGELES Area: 4,752 SQ MILES Founded: 1850

Micro Market Report : April 2014

telesproperties.com


Los Angeles County DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$830,000

$839,500

$823,000

$907,000

9.3%

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

$570

$590

$556

$614

7.7%

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

757

804

499

679

-10.3%

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

940

824

647

826

-12.1%

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

3,313

3,892

3,155

3,606

8.8%

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

45

51

57

47

4.4%

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

4.4

4.8

6.3

5.3

21.3%

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

28.4%

21.2%

20.5%

22.9%

-19.3%

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

$667,000

$868,792

$893,750

$860,327

22.5%

*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.

current market snapshot APR

$830

MAY

$907,000

JUN JUL

MEDIAN SALES PRICE

AUG

$614

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$907 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


Bel-Air Holmby Hills DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,895,040

$2,414,000

$2,162,500

$7,400,000

290.5%

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

$1,043

$830

$950

$969

-7.1%

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

22

25

10

3

-86.4%

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

17

18

4

9

-47.1%

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

118

133

97

107

-9.3%

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

74

73

310

136

83.8%

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

5.4

5.3

9.7

35.7

565.0%

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

14.4%

13.5%

4.1%

8.4%

-41.6%

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

$1,842,000

$2,828,833

$3,678,333

$2,427,272

24.1%

*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.

current market snapshot APR

$1.895

MAY

$7,400,000

JUN JUL

MEDIAN SALES PRICE

AUG

$969

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

35.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$7.400 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


Beverly Center - Miracle Mile DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,206,500

$1,431,250

$1,300,000

$1,265,000

4.8%

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

$617

$647

$536

$623

1.0%

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

18

22

11

13

-27.8%

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

29

10

15

15

-48.3%

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

68

53

59

58

-14.7%

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

34

22

32

51

50.0%

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

3.8

2.4

5.4

4.5

18.1%

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

42.6%

18.9%

25.4%

25.9%

-39.4%

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

$987,000

$1,326,458

$1,272,083

$1,258,188

21.6%

*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.

current market snapshot APR

$1.206

MAY

$1,265,000

JUN JUL

MEDIAN SALES PRICE

AUG

$623

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.265 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


Beverly Hills DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$4,177,500

$6,000,000

$5,198,500

$4,157,000

-0.5%

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

$1,015

$1,298

$1,063

$1,145

12.8%

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

16

13

12

18

12.5%

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

18

20

9

12

-33.3%

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

91

117

92

90

-1.1%

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

61

112

42

26

-57.4%

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

5.7

9

7.7

5

-12.1%

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

19.8%

17.1%

9.8%

13.3%

-32.6%

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

$4,388,000

$5,103,817

$4,802,333

$4,727,146

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.

current market snapshot APR

$4.177

MAY

$4,157,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,145

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$4.157 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


Beverly Hills- Post Office DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$2,437,500

$2,340,000

$2,150,000

$2,740,000

12.4%

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

$611

$831

$772

$801

31.1%

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

16

13

11

16

0.0%

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

13

13

15

11

-15.4%

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

95

132

116

121

27.4%

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

112

48

64

62

-44.6%

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

5.9

10.2

10.5

7.6

27.4%

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

13.7%

9.8%

12.9%

9.1%

-33.6%

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

$1,976,000

$2,251,083

$2,538,333

$2,202,860

10.3%

*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.

current market snapshot APR

$2.437

MAY

$2,740,000

JUN JUL

MEDIAN SALES PRICE

AUG

$801

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.740 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


Beverlywood DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$704,500

$985,000

$910,000

$1,107,500

57.2%

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

$434

$569

$573

$616

41.9%

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

14

14

10

20

42.9%

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

14

14

20

16

14.3%

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

40

54

58

55

37.5%

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

21

29

40

52

147.6%

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

2.9

3.9

5.8

2.8

-3.8%

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

35.0%

25.9%

34.5%

29.1%

-16.9%

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

$786,000

$978,750

$942,000

$925,101

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.

current market snapshot APR

$704

MAY

$1,107,500

JUN JUL

MEDIAN SALES PRICE

AUG

$616

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.107 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


Brentwood DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$2,000,000

$2,538,000

$2,190,000

$2,575,000

28.7%

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

$887

$848

$949

$986

11.2%

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

21

13

11

13

-38.1%

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

34

21

13

17

-50.0%

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

126

122

77

112

-11.1%

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

45

73

61

63

40.0%

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

6

9.4

7

8.6

43.6%

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

27.0%

17.2%

16.9%

15.2%

-43.8%

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

$1,928,000

$2,673,380

$3,121,667

$2,523,175

23.6%

*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.

current market snapshot APR

$2.000

MAY

$2,575,000

JUN JUL

MEDIAN SALES PRICE

AUG

$986

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

8.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.575 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


Cheviot Hills - Rancho Park DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,395,000

$1,577,500

$1,800,000

$1,285,000

-7.9%

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

$653

$733

$892

$621

-4.9%

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

10

6

3

7

-30.0%

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

8

5

3

7

-12.5%

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

20

16

9

18

-10.0%

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

27

19

33

22

-18.5%

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

2

2.7

3

2.6

28.6%

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

40.0%

31.2%

33.3%

38.9%

-2.8%

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

$1,302,000

$1,591,900

$1,603,633

$1,518,031

14.2%

*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.

current market snapshot APR

$1.395

MAY

$1,285,000

JUN JUL

MEDIAN SALES PRICE

AUG

$621

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.285 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


Culver City DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$820,000

$830,000

$700,000

$902,000

10.0%

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

$528

$585

$532

$597

13.1%

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

14

12

9

22

57.1%

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

17

12

11

12

-29.4%

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

49

36

30

34

-30.6%

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

21

35

49

14

-33.3%

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

3.5

3

3.3

1.5

-55.8%

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

34.7%

33.3%

36.7%

35.3%

1.7%

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

$699,000

$794,625

$792,333

$802,462

12.9%

*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.

current market snapshot APR

$820

MAY

$902,000

JUN JUL

MEDIAN SALES PRICE

AUG

$597

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$902 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


Hancock Park - Wilshire DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,236,000

$1,427,500

$1,531,250

$1,215,000

-1.7%

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

$527

$648

$536

$580

10.1%

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

13

29

14

19

46.2%

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

26

24

23

26

0.0%

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

95

108

78

108

13.7%

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

33

41

63

43

30.3%

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

7.3

3.7

5.6

5.7

-22.2%

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

27.4%

22.2%

29.5%

24.1%

-12.0%

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

$1,040,000

$1,376,533

$1,367,650

$1,282,179

18.9%

*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.

current market snapshot APR

$1.236

MAY

$1,215,000

JUN JUL

MEDIAN SALES PRICE

AUG

$580

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.215 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


Hollywood DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$475,000

$532,500

$0

$857,500

80.5%

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

$417

$368

$0

$545

30.7%

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

2

4

0

4

100.0%

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

5

5

4

5

0.0%

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

20

20

16

29

45.0%

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

97

80

36

53

-45.4%

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

10

5

0

7.2

-27.5%

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

25.0%

25.0%

25.0%

17.2%

-31.0%

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

$669,000

$949,000

$1,212,500

$740,125

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.

current market snapshot APR

$475

MAY

$857,500

JUN JUL

MEDIAN SALES PRICE

AUG

$545

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$857 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


Hollywood Hills East DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$957,500

$1,071,250

$1,460,000

$1,143,500

19.4%

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

$513

$483

$553

$527

2.7%

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

14

18

9

8

-42.9%

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

16

17

6

10

-37.5%

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

60

63

51

61

1.7%

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

28

44

36

62

121.4%

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

3.8

3.7

8.5

7.6

103.3%

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

26.7%

27.0%

11.8%

16.4%

-38.5%

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

$968,000

$1,272,083

$1,250,167

$1,137,181

14.9%

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

current market snapshot APR

$957

MAY

$1,143,500

JUN JUL

MEDIAN SALES PRICE

AUG

$527

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.143 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


Laurel Canyon DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,170,000

$1,275,000

$1,076,442

$1,290,000

10.3%

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

$608

$596

$574

$805

32.4%

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

20

23

20

20

0.0%

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

30

25

31

32

6.7%

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

126

141

144

142

12.7%

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

45

50

56

55

22.2%

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

4.2

5.6

4.6

7.1

69.0%

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

23.8%

17.7%

21.5%

22.5%

-5.4%

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

$1,173,000

$1,344,990

$1,450,000

$1,279,831

8.3%

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

current market snapshot APR

$1.170

MAY

$1,290,000

JUN JUL

MEDIAN SALES PRICE

AUG

$805

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.290 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


Los Feliz DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$908,750

$1,739,000

$972,000

$1,592,500

75.2%

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

$434

$695

$698

$639

47.2%

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

15

17

14

16

6.7%

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

19

19

16

23

21.1%

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

74

72

68

91

23.0%

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

30

32

50

28

-6.7%

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

3.9

3.8

4.2

5.7

46.0%

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

25.7%

26.4%

23.5%

25.3%

-1.6%

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

$1,008,000

$1,257,750

$1,264,167

$1,241,498

18.8%

*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.

current market snapshot APR

$908

MAY

$1,592,500

JUN JUL

MEDIAN SALES PRICE

AUG

$639

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.592 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


Malibu DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,850,000

$2,348,750

$2,225,000

$2,200,000

18.9%

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

$485

$778

$726

$649

33.8%

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

13

18

7

15

15.4%

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

15

15

14

12

-20.0%

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

204

201

171

193

-5.4%

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

123

109

143

104

-15.4%

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

15.7

11.2

24.4

12.9

-18.0%

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

7.4%

7.5%

8.2%

6.2%

-15.4%

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

$1,748,000

$2,265,743

$2,053,986

$2,141,862

18.4%

*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

$1.850

MAY

$2,200,000

JUN JUL

MEDIAN SALES PRICE

AUG

$649

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

12.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.200 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


Malibu Beach DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$4,025,000

$14,700,000

$4,716,250

$3,595,125

-10.7%

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

$1,717

$2,746

$1,883

$1,193

-30.5%

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

5

1

2

2

-60.0%

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

3

2

5

2

-33.3%

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

84

78

64

78

-7.1%

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

135

148

260

75

-44.4%

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

16.8

78

32

39

132.1%

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

3.6%

2.6%

7.8%

2.6%

-28.2%

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

$6,420,000

$5,113,563

$5,530,042

$5,503,308

-16.7%

*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.

current market snapshot APR

$4.025

MAY

$3,595,125

JUN JUL

MEDIAN SALES PRICE

AUG

$1,193

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

39 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.595 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


Marina Del Rey DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,892,500

$1,225,000

$2,050,000

$1,260,000

-33.4%

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

$525

$729

$591

$554

5.5%

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

8

4

1

8

0.0%

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

2

2

7

6

200.0%

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

20

24

24

23

15.0%

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

58

38

52

44

-24.1%

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

2.5

6

24

2.9

15.0%

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

10.0%

8.3%

29.2%

26.1%

160.9%

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

$1,404,000

$1,645,000

$1,408,333

$1,556,533

9.8%

*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.

current market snapshot $1.892

APR MAY

$1,260,000

JUN JUL

MEDIAN SALES PRICE

AUG

$554

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.260 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


Mid Los Angeles DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$402,500

$380,000

$450,000

$526,000

30.7%

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

$258

$289

$257

$325

26.0%

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

16

23

9

15

-6.2%

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

28

20

14

25

-10.7%

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

60

86

57

64

6.7%

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

18

50

52

49

172.2%

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

3.8

3.7

6.3

4.3

13.8%

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

46.7%

23.3%

24.6%

39.1%

-16.3%

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

$336,000

$483,177

$486,354

$472,889

28.9%

*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.

current market snapshot APR

$402

MAY

$526,000

JUN JUL

MEDIAN SALES PRICE

AUG

$325

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$526 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


Mid Wilshire DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$466,250

$644,500

$545,000

$747,000

60.2%

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

$267

$330

$387

$330

23.6%

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

4

4

1

2

-50.0%

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

3

3

0

4

33.3%

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

20

14

9

18

-10.0%

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

19

22

0

56

194.7%

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

5

3.5

9

9

80.0%

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

15.0%

21.4%

0.0%

22.2%

48.1%

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

$423,000

$625,375

$747,000

$550,975

23.2%

*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.

current market snapshot APR

$466

MAY

$747,000

JUN JUL

MEDIAN SALES PRICE

AUG

$330

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$747 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


Pacific Palisades DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$2,252,500

$2,577,302

$2,492,000

$2,472,500

9.8%

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

$798

$910

$721

$886

11.0%

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

30

24

14

24

-20.0%

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

35

25

20

33

-5.7%

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

134

129

109

118

-11.9%

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

63

58

69

68

7.9%

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

4.5

5.4

7.8

4.9

10.1%

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

26.1%

19.4%

18.3%

28.0%

7.1%

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

$2,165,000

$2,638,250

$2,752,500

$2,402,730

9.9%

*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.

current market snapshot APR

$2.252

MAY

$2,472,500

JUN JUL

MEDIAN SALES PRICE

AUG

$886

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.472 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


Palms - Mar Vista DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$865,000

$992,551

$760,000

$1,125,000

30.1%

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

$590

$593

$571

$653

10.7%

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

33

34

17

25

-24.2%

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

31

35

19

23

-25.8%

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

64

84

55

62

-3.1%

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

30

35

29

23

-23.3%

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

1.9

2.5

3.2

2.5

27.9%

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

48.4%

41.7%

34.5%

37.1%

-23.4%

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

$788,000

$1,081,417

$1,185,833

$994,042

20.7%

*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.

current market snapshot APR

$865

MAY

$1,125,000

JUN JUL

MEDIAN SALES PRICE

AUG

$653

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.125 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


Playa Del Rey DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,242,500

$1,300,000

$1,082,710

$1,778,000

43.1%

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

$451

$405

$611

$492

9.1%

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

10

3

3

4

-60.0%

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

3

6

4

4

33.3%

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

10

16

13

16

60.0%

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

32

87

66

22

-31.2%

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

1

5.3

4.3

4

300.0%

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

30.0%

37.5%

30.8%

25.0%

-16.7%

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

$1,039,000

$1,224,626

$1,404,682

$1,273,827

18.4%

*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

$1.242

MAY

$1,778,000

JUN JUL

MEDIAN SALES PRICE

AUG

$492

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.778 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


Playa Vista DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$0

$0

$0

$1,000,000

0%

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

$0

$0

$0

$363

0%

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

0

0

0

1

0%

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

1

0

0

1

0.0%

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

6

6

7

6

0.0%

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

69

0

0

87

26.1%

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

0

0

0

6

0%

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

16.7%

0.0%

0.0%

16.7%

0.0%

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

$1,143,000

$1,198,332

$1,067,498

$1,272,356

10.2%

*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.

current market snapshot APR MAY

$1,000,000

JUN JUL

MEDIAN SALES PRICE

AUG

$363

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.000 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


Santa Monica DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$2,630,000

$1,765,000

$1,488,000

$2,225,000

-15.4%

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

$1,097

$960

$1,043

$927

-15.5%

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

19

19

7

20

5.3%

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

33

22

15

22

-33.3%

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

90

89

66

82

-8.9%

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

98

40

62

47

-52.0%

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

4.7

4.7

9.4

4.1

-13.4%

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

36.7%

24.7%

22.7%

26.8%

-26.8%

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

$1,941,000

$1,919,542

$2,144,500

$2,020,250

3.9%

*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.

current market snapshot APR

$2.630

MAY

$2,225,000

JUN JUL

MEDIAN SALES PRICE

AUG

$927

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.225 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


Sunset Strip - Hollywood Hills West DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,616,250

$1,323,500

$1,220,000

$1,642,500

1.6%

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

$731

$715

$639

$893

22.2%

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

36

34

24

33

-8.3%

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

55

37

36

41

-25.5%

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

227

277

237

245

7.9%

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

52

56

70

75

44.2%

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

6.3

8.1

9.9

7.4

17.7%

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

24.2%

13.4%

15.2%

16.7%

-30.9%

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

$1,418,000

$1,565,913

$1,706,327

$1,522,248

6.8%

*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.

current market snapshot APR

$1.616

MAY

$1,642,500

JUN JUL

MEDIAN SALES PRICE

AUG

$893

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.642 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


Venice DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,575,500

$1,375,000

$1,270,000

$1,722,000

9.3%

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

$869

$866

$972

$727

-16.3%

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

17

18

14

8

-52.9%

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

16

24

8

22

37.5%

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

79

70

51

55

-30.4%

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

73

42

42

34

-53.4%

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

4.6

3.9

3.6

6.9

47.9%

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

20.3%

34.3%

15.7%

40.0%

97.5%

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

$1,217,000

$1,477,967

$1,610,100

$1,445,446

18.8%

*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.

current market snapshot APR

$1.575

MAY

$1,722,000

JUN JUL

MEDIAN SALES PRICE

AUG

$727

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.722 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


West Hollywood DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,150,000

$1,325,000

$1,077,884

$1,376,130

19.7%

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

$756

$622

$618

$921

21.8%

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

16

13

17

10

-37.5%

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

12

12

8

11

-8.3%

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

39

57

42

43

10.3%

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

34

48

73

29

-14.7%

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

2.4

4.4

2.5

4.3

76.4%

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

30.8%

21.1%

19.0%

25.6%

-16.9%

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

$1,115,000

$1,151,294

$1,172,877

$1,125,678

0.9%

*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.

current market snapshot APR

$1.150

MAY

$1,376,130

JUN JUL

MEDIAN SALES PRICE

AUG

$921

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.376 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


West Los Angeles DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$770,000

$724,250

$805,000

$891,000

15.7%

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

$579

$559

$531

$602

4.0%

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

8

8

4

8

0.0%

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

8

8

8

11

37.5%

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

17

26

19

30

76.5%

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

17

64

38

47

176.5%

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

2.1

3.2

4.8

3.8

76.5%

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

47.1%

30.8%

42.1%

36.7%

-22.1%

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

$639,000

$840,333

$852,167

$825,621

29.2%

*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.

current market snapshot APR

$770

MAY

$891,000

JUN JUL

MEDIAN SALES PRICE

AUG

$602

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$891 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


Westchester DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$708,500

$752,500

$1,060,000

$814,000

14.9%

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

$434

$451

$479

$482

11.1%

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

16

24

7

17

6.2%

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

25

28

12

16

-36.0%

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

49

56

32

63

28.6%

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

20

29

25

28

40.0%

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

3.1

2.3

4.6

3.7

21.0%

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

51.0%

50.0%

37.5%

25.4%

-50.2%

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

$671,000

$852,333

$839,667

$805,308

20.0%

*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.

current market snapshot APR

$708

MAY

$814,000

JUN JUL

MEDIAN SALES PRICE

AUG

$482

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$814 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


Westwood - Century City DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,270,000

$1,275,000

$1,425,000

$1,615,000

27.2%

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

$665

$687

$723

$701

5.4%

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

14

13

8

14

0.0%

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

23

21

6

16

-30.4%

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

52

65

34

62

19.2%

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

43

54

74

38

-11.6%

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

3.7

5

4.2

4.4

19.2%

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

44.2%

32.3%

17.6%

25.8%

-41.7%

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

$1,301,000

$1,694,667

$1,866,667

$1,581,235

21.5%

*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.

current market snapshot APR

$1.270

MAY

$1,615,000

JUN JUL

MEDIAN SALES PRICE

AUG

$701

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.615 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


South Bay Macro Market DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,055,806

$1,097,111

$1,451,389

$1,170,944

10.9%

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

$471

$499

$478

$492

4.5%

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

203

166

128

184

-9.4%

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

234

172

147

202

-13.7%

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

618

663

520

627

1.5%

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

30

49

41

40

32.5%

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

3

4

4.1

3.4

11.9%

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

37.9%

25.9%

28.3%

32.2%

-14.9%

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

$1,210,625

$1,107,575

$1,036,794

$1,344,343

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.

current market snapshot APR

$1.055

MAY

$1,170,944

JUN JUL

MEDIAN SALES PRICE

AUG

$492

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.170 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


Manhattan Beach DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,826,500

$1,585,000

$2,217,500

$1,837,500

0.6%

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

$779

$843

$703

$843

8.2%

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

37

25

10

42

13.5%

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

43

20

23

32

-25.6%

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

86

75

58

95

10.5%

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

37

57

60

35

-5.4%

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

2.3

3

5.8

2.3

-2.7%

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

50.0%

26.7%

39.7%

33.7%

-32.6%

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

$1,558,000

$1,868,917

$1,818,167

$1,818,808

16.7%

*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.

current market snapshot APR

$1.826

MAY

$1,837,500

JUN JUL

MEDIAN SALES PRICE

AUG

$843

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.837 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


Palos Verdes Estates DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,752,500

$1,464,000

$1,775,500

$1,530,000

-12.7%

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

$640

$582

$647

$600

-6.2%

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

12

12

10

16

33.3%

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

17

16

9

12

-29.4%

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

71

68

45

63

-11.3%

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

39

110

36

70

79.5%

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

5.9

5.7

4.5

3.9

-33.5%

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

23.9%

23.5%

20.0%

19.0%

-20.4%

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

$1,602,000

$1,588,000

$1,551,667

$1,573,038

-1.8%

*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.

current market snapshot APR

$1.752

MAY

$1,530,000

JUN JUL

MEDIAN SALES PRICE

AUG

$600

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.530 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


Rancho Palos Verdes DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,050,000

$1,028,000

$1,100,000

$1,045,000

-0.5%

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

$464

$471

$528

$523

12.7%

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

38

26

25

24

-36.8%

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

40

26

19

30

-25.0%

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

118

117

92

112

-5.1%

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

49

81

64

44

-10.2%

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

3.1

4.5

3.7

4.7

50.3%

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

33.9%

22.2%

20.7%

26.8%

-21.0%

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

$978,000

$1,160,833

$1,156,667

$1,140,091

16.6%

*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.

current market snapshot APR

$1.050

MAY

$1,045,000

JUN JUL

MEDIAN SALES PRICE

AUG

$523

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.045 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


Redondo Beach DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$788,000

$847,000

$802,000

$900,000

14.2%

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

$474

$496

$558

$558

17.7%

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

30

22

29

29

-3.3%

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

35

28

23

31

-11.4%

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

88

92

72

79

-10.2%

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

25

36

34

35

40.0%

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

2.9

4.2

2.5

2.7

-7.1%

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

39.8%

30.4%

31.9%

39.2%

-1.3%

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

$759,000

$848,333

$868,667

$851,192

12.1%

*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.

current market snapshot APR

$788

MAY

$900,000

JUN JUL

MEDIAN SALES PRICE

AUG

$558

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$900 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


Rolling Hills DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,354,500

$2,525,000

$5,000,000

$2,925,000

115.9%

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

$619

$834

$625

$683

10.3%

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

3

3

1

3

0.0%

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

4

2

1

1

-75.0%

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

20

19

12

21

5.0%

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

36

16

5

32

-11.1%

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

6.7

6.3

12

7

5.0%

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

20.0%

10.5%

8.3%

4.8%

-76.2%

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

$2,517,000

$3,366,667

$2,925,000

$2,959,750

17.6%

*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.

current market snapshot APR

$1.354

MAY

$2,925,000

JUN JUL

MEDIAN SALES PRICE

AUG

$683

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.925 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


Rolling Hills Estates DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,656,250

$1,210,000

$1,000,000

$1,182,000

-28.6%

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

$518

$507

$457

$480

-7.3%

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

6

8

1

6

0.0%

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

8

1

5

11

37.5%

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

26

12

17

26

0.0%

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

21

44

73

40

90.5%

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

4.3

1.5

17

4.3

0.0%

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

30.8%

8.3%

29.4%

42.3%

37.5%

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

$1,270,000

$1,211,167

$1,185,667

$1,281,404

0.9%

*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.

current market snapshot $1.656

APR MAY

$1,182,000

JUN JUL

MEDIAN SALES PRICE

AUG

$480

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.182 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


San Pedro DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$482,000

$485,000

$515,000

$490,000

1.7%

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

$343

$357

$386

$331

-3.5%

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

25

31

20

23

-8.0%

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

34

29

25

31

-8.8%

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

105

135

113

113

7.6%

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

44

46

58

74

68.2%

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

4.2

4.4

5.6

4.9

17.0%

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

32.4%

21.5%

22.1%

27.4%

-15.3%

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

$438,000

$500,333

$498,333

$496,115

13.3%

*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.

current market snapshot APR

$482

MAY

$490,000

JUN JUL

MEDIAN SALES PRICE

AUG

$331

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$490 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


Torrance DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$592,500

$730,000

$652,500

$629,000

6.2%

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

$399

$398

$395

$409

2.5%

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

52

39

32

41

-21.2%

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

53

50

42

54

1.9%

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

104

145

111

118

13.5%

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

20

53

42

29

45.0%

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

2

3.7

3.5

2.9

43.9%

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

51.0%

34.5%

37.8%

45.8%

-10.2%

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

$563,000

$620,667

$630,500

$634,346

12.7%

*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.

current market snapshot APR

$592

MAY

$629,000

JUN JUL

MEDIAN SALES PRICE

AUG

$409

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$629 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


San Fernando Valley Macro Market DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$672,429

$732,286

$763,500

$790,714

17.6%

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

$334

$372

$361

$384

14.9%

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

509

447

346

448

-12.0%

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

531

520

380

490

-7.7%

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

690

1,077

811

996

44.3%

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

63

54

69

58

-8.3%

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

1.4

2.4

2.3

2.2

64.0%

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

77.0%

48.3%

46.9%

49.2%

-36.1%

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

$611,595

$736,476

$754,810

$713,121

16.6%

*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.

current market snapshot APR

$672

MAY

$790,714

JUN JUL

MEDIAN SALES PRICE

AUG

$384

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$790 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


Burbank DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$600,000

$625,000

$630,000

$610,000

1.7%

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

$369

$395

$388

$373

1.1%

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

43

60

49

52

20.9%

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

57

56

46

49

-14.0%

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

61

93

73

62

1.6%

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

43

40

46

46

7.0%

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

1.4

1.6

1.5

1.2

-16.0%

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

93.4%

60.2%

63.0%

79.0%

-15.4%

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

$517,692

$619,500

$633,333

$613,000

18.4%

*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

$600

MAY

$610,000

JUN JUL

MEDIAN SALES PRICE

AUG

$373

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$610 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


Encino DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$970,000

$1,248,000

$938,000

$985,000

1.5%

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

$390

$447

$403

$416

6.7%

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

35

36

32

41

17.1%

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

40

44

29

51

27.5%

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

80

113

80

110

37.5%

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

74

50

74

44

-40.5%

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

2.3

3.1

2.5

2.7

17.4%

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

50.0%

38.9%

36.2%

46.4%

-7.3%

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

$794,692

$984,833

$1,112,000

$966,154

21.6%

*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.

current market snapshot APR

$970

MAY

$985,000

JUN JUL

MEDIAN SALES PRICE

AUG

$416

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$985 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


Glendale DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$623,000

$619,000

$760,000

$708,000

13.6%

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

$338

$393

$354

$394

16.6%

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

58

36

40

50

-13.8%

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

65

54

40

58

-10.8%

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

88

126

91

108

22.7%

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

41

33

53

60

46.3%

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

1.5

3.5

2.3

2.2

42.4%

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

73.9%

42.9%

44.0%

53.7%

-27.3%

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

$596,846

$715,000

$695,000

$696,538

16.7%

*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.

current market snapshot APR

$623

MAY

$708,000

JUN JUL

MEDIAN SALES PRICE

AUG

$394

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$708 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


La Crescenta DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$675,000

$650,000

$610,000

$749,000

11.0%

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

$356

$410

$408

$399

12.1%

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

27

27

15

18

-33.3%

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

22

27

13

22

0.0%

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

20

29

24

38

90.0%

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

46

52

57

45

-2.2%

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

0.7

1.1

1.6

2.1

185.0%

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

110.0%

93.1%

54.2%

57.9%

-47.4%

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

$572,692

$671,333

$724,000

$668,769

16.8%

*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.

current market snapshot APR

$675

MAY

$749,000

JUN JUL

MEDIAN SALES PRICE

AUG

$399

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$749 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


North Hollywood DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$370,000

$380,000

$393,000

$448,000

21.1%

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

$262

$285

$304

$337

28.6%

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

51

37

26

42

-17.6%

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

40

61

46

49

22.5%

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

33

77

71

69

109.1%

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

59

48

50

61

3.4%

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

0.6

2.1

2.7

1.6

153.9%

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

121.2%

79.2%

64.8%

71.0%

-41.4%

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

$320,923

$423,833

$446,000

$409,462

27.6%

*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.

current market snapshot APR

$370

MAY

$448,000

JUN JUL

MEDIAN SALES PRICE

AUG

$337

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$448 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


Shadow Hills DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$835,000

$633,000

$1,025,000

$813,000

-2.6%

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

$225

$246

$259

$267

18.7%

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

3

2

3

2

-33.3%

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

6

2

1

2

-66.7%

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

10

16

4

10

0.0%

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

167

35

79

51

-69.5%

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

3.3

8

1.3

5

50.0%

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

60.0%

12.5%

25.0%

20.0%

-66.7%

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

$626,333

$773,833

$816,000

$735,308

17.4%

*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

$835

MAY

$813,000

JUN JUL

MEDIAN SALES PRICE

AUG

$267

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$813 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


Sherman Oaks DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$775,000

$825,000

$1,033,000

$938,000

21.0%

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

$412

$437

$431

$449

9.0%

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

59

57

40

59

0.0%

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

75

59

50

72

-4.0%

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

94

151

101

125

33.0%

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

49

50

97

57

16.3%

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

1.6

2.6

2.5

2.1

33.0%

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

79.8%

39.1%

49.5%

57.6%

-27.8%

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

$720,385

$881,833

$889,333

$841,308

16.8%

*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.

current market snapshot APR

$775

MAY

$938,000

JUN JUL

MEDIAN SALES PRICE

AUG

$449

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$938 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


Studio City DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$875,000

$990,000

$1,122,000

$1,270,000

45.1%

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

$475

$489

$481

$527

10.9%

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

31

28

21

24

-22.6%

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

29

39

26

32

10.3%

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

59

89

67

91

54.2%

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

52

72

57

60

15.4%

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

1.9

3.2

3.2

3.8

99.2%

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

49.2%

43.8%

38.8%

35.2%

-28.5%

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

$872,154

$1,128,167

$1,165,000

$1,053,615

20.8%

*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.

current market snapshot APR

$875

MAY

$1,270,000

JUN JUL

MEDIAN SALES PRICE

AUG

$527

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.270 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


Sun Valley DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$308,000

$378,000

$350,000

$379,000

23.1%

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

$216

$254

$257

$285

31.9%

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

24

24

12

19

-20.8%

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

15

26

13

19

26.7%

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

23

46

25

34

47.8%

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

36

62

87

74

105.6%

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

1

1.9

2.1

1.8

86.7%

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

65.2%

56.5%

52.0%

55.9%

-14.3%

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

$287,462

$388,167

$400,667

$365,615

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.

current market snapshot APR

$308

MAY

$379,000

JUN JUL

MEDIAN SALES PRICE

AUG

$285

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$379 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


Sunland/Tujunga DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$370,000

$425,000

$426,000

$467,000

26.2%

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

$262

$313

$294

$308

17.6%

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

43

37

38

32

-25.6%

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

42

42

33

37

-11.9%

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

45

72

47

78

73.3%

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

54

48

71

46

-14.8%

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

1

1.9

1.2

2.4

132.9%

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

93.3%

58.3%

70.2%

47.4%

-49.2%

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

$353,154

$431,667

$436,000

$414,923

17.5%

*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.

current market snapshot APR

$370

MAY

$467,000

JUN JUL

MEDIAN SALES PRICE

AUG

$308

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$467 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


Tarzana DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$723,000

$833,000

$833,000

$1,046,000

44.7%

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

$281

$331

$334

$328

16.7%

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

27

26

20

30

11.1%

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

33

29

23

19

-42.4%

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

45

70

71

75

66.7%

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

77

49

70

77

0.0%

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

1.7

2.7

3.6

2.5

50.0%

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

73.3%

41.4%

32.4%

25.3%

-65.5%

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

$675,154

$806,167

$853,667

$808,769

19.8%

*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.

current market snapshot APR

$723

MAY

$1,046,000

JUN JUL

MEDIAN SALES PRICE

AUG

$328

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.046 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


Toluca Lake DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,055,000

$1,170,000

$1,148,000

$1,272,000

20.6%

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

$430

$534

$465

$579

34.7%

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

11

7

6

8

-27.3%

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

11

9

4

3

-72.7%

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

11

13

15

9

-18.2%

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

71

106

87

69

-2.8%

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

1

1.9

2.5

1.1

12.5%

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

100.0%

69.2%

26.7%

33.3%

-66.7%

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

$1,039,231

$1,070,333

$1,008,333

$1,019,846

-1.9%

*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.

current market snapshot APR

$1.055

MAY

$1,272,000

JUN JUL

MEDIAN SALES PRICE

AUG

$579

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.272 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


Valley Village DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$595,000

$823,000

$751,000

$675,000

13.4%

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

$378

$379

$364

$400

5.8%

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

7

15

12

10

42.9%

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

12

10

9

10

-16.7%

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

23

25

19

27

17.4%

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

45

44

73

57

26.7%

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

3.3

1.7

1.6

2.7

-17.8%

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

52.2%

40.0%

47.4%

37.0%

-29.0%

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

$635,923

$754,167

$718,000

$734,077

15.4%

*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

$595

MAY

$675,000

JUN JUL

MEDIAN SALES PRICE

AUG

$400

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$675 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


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


San Gabriel Valley Macro Market DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$880,182

$845,818

$927,000

$947,455

7.6%

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

$434

$466

$471

$527

21.4%

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

354

316

207

273

-22.9%

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

367

292

218

281

-23.4%

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

457

640

447

575

25.8%

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

43

50

60

39

-10.2%

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

1.3

2

2.2

2.1

63.2%

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

80.3%

45.6%

48.8%

48.9%

-39.1%

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

$756,608

$925,455

$967,152

$901,986

19.2%

*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.

current market snapshot APR

$880

MAY

$947,455

JUN JUL

MEDIAN SALES PRICE

AUG

$527

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$947 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


Altadena DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$590,000

$550,000

$507,000

$550,000

-6.8%

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

$360

$395

$388

$380

5.6%

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

38

36

28

33

-13.2%

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

38

41

22

37

-2.6%

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

53

54

47

42

-20.8%

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

60

39

60

48

-20.0%

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

1.4

1.5

1.7

1.3

-8.7%

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

71.7%

75.9%

46.8%

88.1%

22.9%

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

$485,077

$546,333

$546,667

$576,308

18.8%

*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.

current market snapshot APR

$590

MAY

$550,000

JUN JUL

MEDIAN SALES PRICE

AUG

$380

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$550 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


Arcadia DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,008,000

$1,100,000

$1,780,000

$1,484,000

47.2%

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

$506

$549

$589

$546

7.9%

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

46

43

25

36

-21.7%

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

47

38

37

33

-29.8%

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

66

104

81

105

59.1%

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

42

39

75

41

-2.4%

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

1.4

2.4

3.2

2.9

103.3%

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

71.2%

36.5%

45.7%

31.4%

-55.9%

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

$1,017,308

$1,492,833

$1,484,000

$1,339,231

31.6%

*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.

current market snapshot APR

$1.008

MAY

$1,484,000

JUN JUL

MEDIAN SALES PRICE

AUG

$546

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.484 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


Duarte DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$368,000

$370,000

$330,000

$374,000

1.6%

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

$275

$305

$301

$301

9.5%

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

29

15

12

14

-51.7%

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

15

14

20

19

26.7%

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

15

23

19

19

26.7%

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

42

41

34

39

-7.1%

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

0.5

1.5

1.6

1.4

162.4%

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

100.0%

60.9%

105.3%

100.0%

0.0%

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

$327,077

$403,833

$432,333

$395,692

21.0%

*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.

current market snapshot APR

$368

MAY

$374,000

JUN JUL

MEDIAN SALES PRICE

AUG

$301

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$374 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


Eagle Rock DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$545,000

$585,000

$561,000

$697,000

27.9%

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

$359

$443

$446

$396

10.3%

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

14

7

5

5

-64.3%

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

16

6

9

5

-68.8%

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

11

8

11

15

36.4%

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

48

43

35

52

8.3%

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

0.8

1.1

2.2

3

281.8%

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

145.5%

75.0%

81.8%

33.3%

-77.1%

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

$489,462

$621,833

$680,333

$596,538

21.9%

*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.

current market snapshot APR

$545

MAY

$697,000

JUN JUL

MEDIAN SALES PRICE

AUG

$396

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$697 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


La Canada Flintridge DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,350,000

$1,110,000

$1,483,000

$1,240,000

-8.1%

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

$468

$579

$533

$541

15.6%

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

21

18

16

23

9.5%

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

19

25

13

27

42.1%

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

55

58

28

46

-16.4%

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

41

65

60

40

-2.4%

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

2.6

3.2

1.8

2

-23.6%

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

34.5%

43.1%

46.4%

58.7%

69.9%

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

$1,171,692

$1,313,000

$1,330,000

$1,283,615

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.

current market snapshot APR

$1.350

MAY

$1,240,000

JUN JUL

MEDIAN SALES PRICE

AUG

$541

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.240 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


Monrovia DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$455,000

$560,000

$456,000

$595,000

30.8%

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

$338

$357

$374

$373

10.4%

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

29

25

19

29

0.0%

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

28

23

18

30

7.1%

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

41

60

39

61

48.8%

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

55

69

65

33

-40.0%

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

1.4

2.4

2.1

2.1

48.8%

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

68.3%

38.3%

46.2%

49.2%

-28.0%

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

$488,154

$542,500

$569,667

$541,385

10.9%

*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.

current market snapshot APR

$455

MAY

$595,000

JUN JUL

MEDIAN SALES PRICE

AUG

$373

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$595 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


Pasadena DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$695,000

$692,000

$625,000

$778,000

11.9%

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

$462

$439

$436

$489

5.8%

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

117

98

53

78

-33.3%

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

123

84

52

79

-35.8%

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

120

199

136

179

49.2%

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

50

60

66

33

-34.0%

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

1

2

2.6

2.3

123.8%

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

102.5%

42.2%

38.2%

44.1%

-56.9%

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

$607,308

$697,167

$707,667

$701,769

15.6%

*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.

current market snapshot APR

$695

MAY

$778,000

JUN JUL

MEDIAN SALES PRICE

AUG

$489

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$778 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


San Gabriel DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$566,000

$643,000

$625,000

$613,000

8.3%

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

$399

$364

$395

$431

8.0%

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

26

26

21

20

-23.1%

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

39

25

20

11

-71.8%

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

49

73

42

56

14.3%

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

46

57

62

35

-23.9%

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

1.9

2.8

2

2.8

48.6%

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

79.6%

34.2%

47.6%

19.6%

-75.3%

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

$534,000

$635,167

$649,667

$632,385

18.4%

*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

$566

MAY

$613,000

JUN JUL

MEDIAN SALES PRICE

AUG

$431

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$613 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


San Marino DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,968,000

$1,725,000

$2,060,000

$2,118,000

7.6%

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

$707

$724

$788

$858

21.4%

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

15

15

8

13

-13.3%

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

13

13

5

15

15.4%

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

14

17

10

11

-21.4%

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

20

35

41

19

-5.0%

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

0.9

1.1

1.2

0.8

-9.3%

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

92.9%

76.5%

50.0%

136.4%

46.9%

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

$1,608,615

$2,126,167

$2,325,667

$2,005,846

24.7%

*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.

current market snapshot APR

$1.968

MAY

$2,118,000

JUN JUL

MEDIAN SALES PRICE

AUG

$858

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

0.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.118 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


Sierra Madre DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,162,000

$910,000

$987,000

$802,000

-31.0%

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

$407

$474

$398

$422

3.7%

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

4

13

9

6

50.0%

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

12

15

7

14

16.7%

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

18

26

17

23

27.8%

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

24

59

92

37

54.2%

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

4.5

2

1.9

3.8

-14.8%

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

66.7%

57.7%

41.2%

60.9%

-8.7%

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

$699,000

$858,167

$867,333

$872,462

24.8%

*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.

current market snapshot $1.162

APR MAY

$802,000

JUN JUL

MEDIAN SALES PRICE

AUG

$422

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$802 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


South Pasadena DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$975,000

$1,059,000

$783,000

$1,171,000

20.1%

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

$496

$497

$532

$586

18.1%

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

15

20

11

16

6.7%

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

17

8

15

11

-35.3%

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

15

18

17

18

20.0%

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

44

47

65

47

6.8%

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

1

0.9

1.5

1.1

12.5%

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

113.3%

44.4%

88.2%

61.1%

-46.1%

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

$902,077

$943,000

$1,045,333

$976,615

8.3%

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

current market snapshot APR

$975

MAY

$1,171,000

JUN JUL

MEDIAN SALES PRICE

AUG

$586

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.171 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


Orange County

Orange County Macro

Laguna Beach

San Juan Capistrano

Balboa Peninsula

Laguna Hills

Shady Canyon

Corona del Mar - Spyglass

Laguna Niguel

Turtle Ridge

Coto de Caza

Laguna Woods

Turtle Rock

Crystal Cove

Long Beach

West Bay - Santa Ana Heights

Dana Point

Lower Newport Bay - Balboa Island

West Newport - Lido

East Bluff - Harbor View

Mission Viejo

Westminster

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Ladera Ranch

San Clemente

Micro Market Report : April 2014

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : April 2014

telesproperties.com


Orange County DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$625,000

$639,450

$640,000

$674,900

8.0%

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

$366

$391

$369

$413

12.8%

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

1806

1470

1039

1575

-12.8%

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

2013

1577

1366

1776

-11.8%

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

5,194

6,775

5,475

6,692

28.8%

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

40

55

62

53

32.5%

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

2.9

4.6

5.3

4.2

47.7%

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

38.8%

23.3%

24.9%

26.5%

-31.5%

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

$546,000

$657,192

$663,300

$647,912

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.

current market snapshot APR

$625

MAY

$674,900

JUN JUL

MEDIAN SALES PRICE

AUG

$413

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$674 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


Balboa Peninsula DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,350,000

$3,337,500

$3,550,000

$3,400,000

151.9%

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

$667

$1,345

$1,012

$1,187

78.0%

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

8

4

1

5

-37.5%

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

7

8

2

7

0.0%

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

35

46

36

41

17.1%

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

77

135

106

68

-11.7%

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

4.4

11.5

36

8.2

87.4%

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

20.0%

17.4%

5.6%

17.1%

-14.6%

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

$1,920,000

$2,990,667

$2,923,000

$2,746,269

43.0%

*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.

current market snapshot APR

$1.350

MAY

$3,400,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,187

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

8.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.400 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


Corona del Mar - Spyglass DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$2,150,000

$1,900,000

$2,323,750

$2,907,500

35.2%

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

$795

$849

$1,023

$1,066

34.1%

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

15

9

6

12

-20.0%

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

17

10

12

13

-23.5%

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

75

73

58

62

-17.3%

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

87

80

94

76

-12.6%

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

5

8.1

9.7

5.2

3.3%

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

22.7%

13.7%

20.7%

21.0%

-7.5%

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

$1,834,000

$2,752,125

$2,747,500

$2,498,231

36.2%

*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.

current market snapshot APR

$2.150

MAY

$2,907,500

JUN JUL

MEDIAN SALES PRICE

AUG

$1,066

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.907 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


Coto de Caza DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,068,000

$1,280,000

$900,000

$1,274,500

19.3%

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

$310

$347

$312

$313

1.0%

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

29

15

13

18

-37.9%

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

35

20

19

28

-20.0%

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

112

139

112

128

14.3%

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

51

61

134

99

94.1%

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

3.9

9.3

8.6

7.1

84.1%

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

31.2%

14.4%

17.0%

21.9%

-30.0%

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

$928,000

$1,122,167

$1,201,833

$1,092,208

17.7%

*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.

current market snapshot APR

$1.068

MAY

$1,274,500

JUN JUL

MEDIAN SALES PRICE

AUG

$313

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.274 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


Crystal Cove DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$3,450,000

$3,800,000

$5,259,000

$4,400,000

27.5%

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

$872

$965

$1,119

$1,207

38.4%

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

4

4

1

3

-25.0%

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

4

2

3

2

-50.0%

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

33

20

17

22

-33.3%

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

20

212

72

138

590.0%

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

8.2

5

17

7.3

-11.1%

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

12.1%

10.0%

17.6%

9.1%

-25.0%

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

$4,037,000

$4,445,500

$4,146,667

$4,554,654

12.8%

*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.

current market snapshot APR

$3.450

MAY

$4,400,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,207

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$4.400 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


Dana Point DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$885,000

$1,000,000

$775,000

$980,000

10.7%

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

$431

$558

$417

$527

22.3%

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

37

32

17

31

-16.2%

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

43

36

25

27

-37.2%

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

162

201

147

184

13.6%

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

80

84

78

63

-21.2%

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

4.4

6.3

8.6

5.9

35.6%

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

26.5%

17.9%

17.0%

14.7%

-44.7%

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

$745,000

$881,992

$934,817

$914,842

22.8%

*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.

current market snapshot APR

$885

MAY

$980,000

JUN JUL

MEDIAN SALES PRICE

AUG

$527

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$980 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


East Bluff - Harbor View DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,598,950

$1,493,750

$1,619,000

$1,652,000

3.3%

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

$564

$574

$538

$693

22.9%

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

29

16

9

18

-37.9%

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

24

12

20

16

-33.3%

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

66

77

67

99

50.0%

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

93

59

57

35

-62.4%

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

2.3

4.8

7.4

5.5

141.7%

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

36.4%

15.6%

29.9%

16.2%

-55.6%

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

$1,368,000

$1,691,500

$1,684,000

$1,727,054

26.2%

*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.

current market snapshot APR

$1.598

MAY

$1,652,000

JUN JUL

MEDIAN SALES PRICE

AUG

$693

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.652 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


East Costa Mesa DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$880,000

$867,000

$845,000

$809,500

-8.0%

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

$473

$498

$485

$488

3.2%

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

11

22

8

22

100.0%

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

17

15

15

22

29.4%

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

42

73

55

67

59.5%

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

52

54

54

58

11.5%

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

3.8

3.3

6.9

3

-20.2%

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

40.5%

20.5%

27.3%

32.8%

-18.9%

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

$719,000

$843,850

$823,833

$855,065

18.9%

*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.

current market snapshot APR

$880

MAY

$809,500

JUN JUL

MEDIAN SALES PRICE

AUG

$488

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$809 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


Fountain Valley DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$660,000

$672,500

$650,000

$685,100

3.8%

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

$293

$319

$341

$325

10.9%

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

35

26

23

21

-40.0%

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

32

25

19

26

-18.8%

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

66

82

67

69

4.5%

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

24

48

47

30

25.0%

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

1.9

3.2

2.9

3.3

74.2%

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

48.5%

30.5%

28.4%

37.7%

-22.3%

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

$578,000

$660,183

$662,033

$655,431

13.4%

*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

$660

MAY

$685,100

JUN JUL

MEDIAN SALES PRICE

AUG

$325

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$685 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


Huntington Beach DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$620,000

$735,000

$683,000

$740,350

19.4%

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

$379

$418

$433

$412

8.7%

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

95

103

56

122

28.4%

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

120

94

78

124

3.3%

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

300

384

312

417

39.0%

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

46

51

50

47

2.2%

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

3.2

3.7

5.6

3.4

8.2%

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

40.0%

24.5%

25.0%

29.7%

-25.7%

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

$633,000

$734,642

$754,950

$720,065

13.8%

*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.

current market snapshot APR

$620

MAY

$740,350

JUN JUL

MEDIAN SALES PRICE

AUG

$412

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$740 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


Irvine DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$842,500

$920,000

$848,500

$900,000

6.8%

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

$405

$421

$427

$463

14.3%

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

118

91

56

91

-22.9%

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

105

76

83

99

-5.7%

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

256

357

299

386

50.8%

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

32

52

57

46

43.8%

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

2.2

3.9

5.3

4.2

95.5%

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

41.0%

21.3%

27.8%

25.6%

-37.5%

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

$785,000

$888,199

$920,833

$893,284

13.8%

*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.

current market snapshot APR

$842

MAY

$900,000

JUN JUL

MEDIAN SALES PRICE

AUG

$463

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$900 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


Ladera Ranch DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$897,000

$820,000

$915,000

$721,000

-19.6%

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

$290

$309

$326

$316

9.0%

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

30

13

21

20

-33.3%

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

42

26

27

34

-19.0%

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

102

128

88

142

39.2%

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

37

70

83

53

43.2%

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

3.4

9.8

4.2

7.1

108.8%

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

41.2%

20.3%

30.7%

23.9%

-41.9%

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

$728,000

$854,776

$817,051

$839,796

15.4%

*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 $897

APR MAY

$721,000

JUN JUL

MEDIAN SALES PRICE

AUG

$316

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$721 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


Laguna Beach DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,560,700

$1,575,000

$1,722,500

$1,792,000

14.8%

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

$981

$1,201

$993

$1,146

16.8%

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

33

24

12

42

27.3%

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

36

25

30

38

5.6%

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

228

249

216

257

12.7%

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

65

116

109

124

90.8%

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

6.9

10.4

18

6.1

-11.4%

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

15.8%

10.0%

13.9%

14.8%

-6.4%

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

$1,423,000

$1,969,917

$2,204,000

$1,801,958

26.6%

*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.

current market snapshot APR

$1.560

MAY

$1,792,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,146

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.792 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


Laguna Niguel DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$760,000

$867,900

$790,000

$756,500

-0.5%

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

$364

$396

$385

$386

6.0%

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

71

45

31

56

-21.1%

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

71

36

40

66

-7.0%

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

195

208

202

290

48.7%

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

42

52

62

60

42.9%

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

2.7

4.6

6.5

5.2

88.6%

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

36.4%

17.3%

19.8%

22.8%

-37.5%

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

$663,000

$778,833

$774,333

$785,008

18.4%

*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

$760

MAY

$756,500

JUN JUL

MEDIAN SALES PRICE

AUG

$386

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$756 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


Laguna Hills DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$750,000

$750,000

$632,500

$629,900

-16.0%

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

$329

$326

$333

$330

0.3%

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

31

11

10

19

-38.7%

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

17

24

16

24

41.2%

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

58

96

67

109

87.9%

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

66

58

64

28

-57.6%

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

1.9

8.7

6.7

5.7

206.6%

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

29.3%

25.0%

23.9%

22.0%

-24.9%

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

$646,000

$692,067

$696,633

$701,377

8.6%

*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.

current market snapshot $750

APR MAY

$629,900

JUN JUL

MEDIAN SALES PRICE

AUG

$330

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$629 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


Laguna Woods DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$0

$660,000

$483,000

$0

0%

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

$0

$440

$287

$0

0%

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

0

1

1

0

0%

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

0

1

0

0

0%

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

1

2

0

0

-100.0%

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

0

3

0

0

0%

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

0

2

0

0

0%

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

0.0%

50.0%

0%

0%

0%

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

$582,000

$647,333

$772,000

$621,250

6.7%

*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.

current market snapshot APR MAY

No sales

JUN JUL

MEDIAN SALES PRICE

AUG

No sales

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

No sales MONTH’S SUPPLY OF INVENTORY

FEB MAR APR 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


Lower Newport Bay - Balboa Island DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$2,050,000

$2,915,000

$2,800,000

$3,600,000

75.6%

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

$1,630

$1,020

$1,090

$1,045

-35.9%

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

9

4

3

3

-66.7%

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

3

4

4

8

166.7%

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

38

37

36

50

31.6%

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

75

110

68

8

-89.3%

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

4.2

9.2

12

16.7

294.7%

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

7.9%

10.8%

11.1%

16.0%

102.7%

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

$2,317,000

$2,989,542

$3,654,167

$2,839,981

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.

current market snapshot APR

$2.050

MAY

$3,600,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,045

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

16.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.600 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


Mission Viejo DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$585,000

$617,500

$599,500

$655,000

12.0%

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

$297

$303

$310

$333

12.1%

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

101

82

62

75

-25.7%

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

97

89

72

90

-7.2%

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

205

319

221

281

37.1%

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

27

53

61

44

63.0%

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

2

3.9

3.6

3.7

84.6%

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

47.3%

27.9%

32.6%

32.0%

-32.3%

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

$530,000

$634,583

$633,000

$621,731

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.

current market snapshot APR

$585

MAY

$655,000

JUN JUL

MEDIAN SALES PRICE

AUG

$333

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$655 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


Newport Beach DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$1,599,500

$1,850,000

$1,965,000

$1,887,000

18.0%

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

$712

$654

$698

$824

15.7%

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

72

42

25

54

-25.0%

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

53

57

43

65

22.6%

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

244

312

241

343

40.6%

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

80

112

73

72

-10.0%

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

3.4

7.4

9.6

6.4

87.4%

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

21.7%

18.3%

17.8%

19.0%

-12.8%

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

$1,472,000

$1,824,417

$1,795,500

$1,777,212

20.7%

*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.

current market snapshot APR

$1.599

MAY

$1,887,000

JUN JUL

MEDIAN SALES PRICE

AUG

$824

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.887 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


Newport Coast DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$3,000,000

$2,435,000

$4,215,000

$3,850,000

28.3%

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

$745

$792

$861

$908

21.9%

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

23

17

10

11

-52.2%

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

25

18

11

9

-64.0%

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

92

91

67

96

4.3%

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

69

73

70

67

-2.9%

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

4

5.4

6.7

8.7

118.2%

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

27.2%

19.8%

16.4%

9.4%

-65.5%

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

$2,440,000

$3,035,833

$3,082,500

$2,905,731

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.

current market snapshot APR

$3.000

MAY

$3,850,000

JUN JUL

MEDIAN SALES PRICE

AUG

$908

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

8.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.850 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


Newport Heights DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$2,120,000

$1,682,500

$2,016,500

$2,100,000

-0.9%

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

$566

$799

$568

$791

39.8%

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

6

6

2

11

83.3%

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

3

10

2

11

266.7%

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

27

39

22

30

11.1%

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

26

86

118

53

103.8%

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

4.5

6.5

11

2.7

-39.4%

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

11.1%

25.6%

9.1%

36.7%

230.0%

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

$1,419,000

$1,712,385

$1,663,333

$1,608,601

13.4%

*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

$2.120

MAY

$2,100,000

JUN JUL

MEDIAN SALES PRICE

AUG

$791

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.100 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


Rancho Santa Margarita DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$580,000

$637,500

$635,000

$660,000

13.8%

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

$289

$309

$297

$311

7.6%

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

42

46

27

37

-11.9%

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

48

39

43

36

-25.0%

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

90

146

112

137

52.2%

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

39

53

47

62

59.0%

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

2.1

3.2

4.1

3.7

72.8%

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

53.3%

26.7%

38.4%

26.3%

-50.7%

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

$548,000

$641,417

$657,333

$636,363

16.1%

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

current market snapshot APR

$580

MAY

$660,000

JUN JUL

MEDIAN SALES PRICE

AUG

$311

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$660 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


San Clemente DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$810,000

$781,000

$768,000

$817,000

0.9%

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

$316

$411

$326

$397

25.6%

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

71

45

41

63

-11.3%

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

65

58

50

62

-4.6%

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

225

307

231

283

25.8%

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

52

70

53

62

19.2%

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

3.2

6.8

5.6

4.5

41.7%

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

28.9%

18.9%

21.6%

21.9%

-24.2%

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

$719,000

$811,833

$811,000

$818,615

13.9%

*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.

current market snapshot APR

$810

MAY

$817,000

JUN JUL

MEDIAN SALES PRICE

AUG

$397

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$817 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


San Juan Capistrano DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

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

$730,000

$637,500

$756,000

$530,000

-27.4%

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

$291

$333

$329

$345

18.6%

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

23

24

26

23

0.0%

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

39

21

24

35

-10.3%

Properties For Sale ................................................

116

152

124

136

17.2%

Days on Market (Pending Sale) ...........................

66

76

94

91

37.9%

Month’s Supply of Inventory ................................

5

6.3

4.8

5.9

17.2%

Percent Under Contract ........................................

33.6%

13.8%

19.4%

25.7%

-23.5%

Average Median Price for Last 12 Months ........

$637,000

$889,750

$985,000

$842,515

32.3%

*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.

current market snapshot APR

$730

MAY

$530,000

JUN JUL

MEDIAN SALES PRICE

AUG

$345

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$530 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


Shady Canyon DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$4,537,500

$0

$0

$3,850,000

-15.2%

Average Price per Square Foot ...........................

$798

$0

$0

$802

0.5%

Properties Sold .......................................................

2

0

0

1

-50.0%

Properties Pending Sale .......................................

1

0

0

0

-100.0%

Properties For Sale ................................................

11

8

8

4

-63.6%

Days on Market (Pending Sale) ...........................

235

0

0

0

-100.0%

Month’s Supply of Inventory ................................

5.5

0

0

4

-27.3%

Percent Under Contract ........................................

9.1%

0.0%

0.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$4,601,000

$5,256,333

$4,734,500

$5,517,750

19.9%

*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.

current market snapshot APR

$4.537

MAY

$3,850,000

JUN JUL

MEDIAN SALES PRICE

AUG

$802

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.850 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


Turtle Ridge DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$1,965,000

$2,620,000

$2,282,596

$2,693,400

37.1%

Average Price per Square Foot ...........................

$549

$661

$642

$707

28.8%

Properties Sold .......................................................

5

3

3

2

-60.0%

Properties Pending Sale .......................................

6

2

2

2

-66.7%

Properties For Sale ................................................

21

25

26

32

52.4%

Days on Market (Pending Sale) ...........................

49

96

102

36

-26.5%

Month’s Supply of Inventory ................................

4.2

8.3

8.7

16

281.0%

Percent Under Contract ........................................

28.6%

8.0%

7.7%

6.2%

-78.1%

Average Median Price for Last 12 Months ........

$2,022,000

$2,429,749

$2,522,800

$2,331,458

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.

current market snapshot APR

$1.965

MAY

$2,693,400

JUN JUL

MEDIAN SALES PRICE

AUG

$707

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

16 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.693 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


Turtle Rock DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$1,198,000

$1,749,000

$1,600,888

$0

-100.0%

Average Price per Square Foot ...........................

$471

$624

$552

$0

-100.0%

Properties Sold .......................................................

1

2

1

0

-100.0%

Properties Pending Sale .......................................

1

2

0

0

-100.0%

Properties For Sale ................................................

7

10

4

4

-42.9%

Days on Market (Pending Sale) ...........................

76

66

0

0

-100.0%

Month’s Supply of Inventory ................................

7

5

4

0

0%

Percent Under Contract ........................................

14.3%

20.0%

0.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$1,062,000

$1,993,629

$1,390,000

$1,523,449

43.5%

*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.

current market snapshot APR

$1.198

MAY

No sales

JUN JUL

MEDIAN SALES PRICE

AUG

No sales

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

No sales MONTH’S SUPPLY OF INVENTORY

FEB MAR APR 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


Westminster DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$490,000

$496,000

$497,000

$547,500

11.7%

Average Price per Square Foot ...........................

$278

$311

$347

$275

-1.1%

Properties Sold .......................................................

30

43

19

38

26.7%

Properties Pending Sale .......................................

42

38

31

28

-33.3%

Properties For Sale ................................................

93

113

107

120

29.0%

Days on Market (Pending Sale) ...........................

31

41

37

40

29.0%

Month’s Supply of Inventory ................................

3.1

2.6

5.6

3.2

1.9%

Percent Under Contract ........................................

45.2%

33.6%

29.0%

23.3%

-48.3%

Average Median Price for Last 12 Months ........

$418,000

$516,917

$527,333

$506,769

21.2%

*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.

current market snapshot APR

$490

MAY

$547,500

JUN JUL

MEDIAN SALES PRICE

AUG

$275

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$547 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


West Bay - Santa Ana Heights DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$1,580,000

$1,730,000

$1,850,000

$1,350,000

-14.6%

Average Price per Square Foot ...........................

$548

$427

$516

$587

7.1%

Properties Sold .......................................................

16

6

4

11

-31.2%

Properties Pending Sale .......................................

9

15

6

9

0.0%

Properties For Sale ................................................

32

57

40

60

87.5%

Days on Market (Pending Sale) ...........................

63

64

102

68

7.9%

Month’s Supply of Inventory ................................

2

9.5

10

5.5

172.7%

Percent Under Contract ........................................

28.1%

26.3%

15.0%

15.0%

-46.7%

Average Median Price for Last 12 Months ........

$1,243,000

$1,542,667

$1,496,167

$1,481,115

19.2%

*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.

current market snapshot APR

$1.580

MAY

$1,350,000

JUN JUL

MEDIAN SALES PRICE

AUG

$587

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.350 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


West Newport - Lido DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$1,670,000

$1,787,500

$1,590,000

$2,447,500

46.6%

Average Price per Square Foot ...........................

$983

$738

$991

$1,250

27.2%

Properties Sold .......................................................

4

6

6

6

50.0%

Properties Pending Sale .......................................

7

8

9

14

100.0%

Properties For Sale ................................................

45

56

40

63

40.0%

Days on Market (Pending Sale) ...........................

87

285

73

84

-3.4%

Month’s Supply of Inventory ................................

11.2

9.3

6.7

10.5

-6.7%

Percent Under Contract ........................................

15.6%

14.3%

22.5%

22.2%

42.9%

Average Median Price for Last 12 Months ........

$1,749,000

$2,013,192

$2,353,167

$1,993,550

14.0%

*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.

current market snapshot APR

$1.670

MAY

$2,447,500

JUN JUL

MEDIAN SALES PRICE

AUG

$1,250

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

10.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.447 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

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Santa Barbara County

Carpinteria Goleta Hope Ranch Montecito Santa Barbara East of State Santa Barbara West of State Santa Ynez

Micro Market Report : April 2014

telesproperties.com


County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : April 2014

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Carpinteria DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$799,000

$942,999

$840,730

$845,000

5.8%

Average Price per Square Foot ...........................

$435

$621

$630

$1,283

194.9%

Properties Sold .......................................................

7

11

1

5

-28.6%

Properties Pending Sale .......................................

11

10

2

4

-63.6%

Properties For Sale ................................................

58

50

34

33

-43.1%

Days on Market (Pending Sale) ...........................

30

73

15

85

183.3%

Month’s Supply of Inventory ................................

8.3

4.5

34

6.6

-20.3%

Percent Under Contract ........................................

19.0%

20.0%

5.9%

12.1%

-36.1%

Average Median Price for Last 12 Months ........

$1,139,000

$1,421,788

$1,540,333

$1,092,592

-4.1%

*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.

current market snapshot APR

$799

MAY

$845,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,283

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$845 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


Goleta DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$810,000

$773,000

$899,000

$765,000

-5.6%

Average Price per Square Foot ...........................

$467

$392

$525

$487

4.3%

Properties Sold .......................................................

9

9

5

13

44.4%

Properties Pending Sale .......................................

11

8

6

10

-9.1%

Properties For Sale ................................................

28

30

20

18

-35.7%

Days on Market (Pending Sale) ...........................

11

39

46

48

336.4%

Month’s Supply of Inventory ................................

3.1

3.3

4

1.4

-55.5%

Percent Under Contract ........................................

39.3%

26.7%

30.0%

55.6%

41.4%

Average Median Price for Last 12 Months ........

$673,000

$798,583

$785,000

$774,125

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.

current market snapshot APR

$810

MAY

$765,000

JUN JUL

MEDIAN SALES PRICE

AUG

$487

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$765 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


Hope Ranch DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$3,793,458

$3,500,000

$3,640,000

$3,250,000

-14.3%

Average Price per Square Foot ...........................

$711

$1,056

$999

$590

-17.0%

Properties Sold .......................................................

3

1

2

3

0.0%

Properties Pending Sale .......................................

4

1

4

4

0.0%

Properties For Sale ................................................

31

38

33

37

19.4%

Days on Market (Pending Sale) ...........................

28

263

118

368

1214.3%

Month’s Supply of Inventory ................................

10.3

38

16.5

12.3

19.4%

Percent Under Contract ........................................

12.9%

2.6%

12.1%

10.8%

-16.2%

Average Median Price for Last 12 Months ........

$2,647,000

$3,660,125

$4,043,583

$3,064,247

15.8%

*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.

current market snapshot APR

$3.793

MAY

$3,250,000

JUN JUL

MEDIAN SALES PRICE

AUG

$590

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

12.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.250 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


Montecito DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$2,264,500

$2,492,000

$2,165,000

$2,987,500

31.9%

Average Price per Square Foot ...........................

$781

$1,033

$822

$957

22.5%

Properties Sold .......................................................

20

14

19

20

0.0%

Properties Pending Sale .......................................

25

12

10

24

-4.0%

Properties For Sale ................................................

214

189

144

183

-14.5%

Days on Market (Pending Sale) ...........................

71

116

78

82

15.5%

Month’s Supply of Inventory ................................

10.7

13.5

7.6

9.2

-14.5%

Percent Under Contract ........................................

11.7%

6.3%

6.9%

13.1%

12.3%

Average Median Price for Last 12 Months ........

$2,280,000

$2,371,042

$2,569,167

$2,395,019

5.0%

*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.

current market snapshot APR

$2.264

MAY

$2,987,500

JUN JUL

MEDIAN SALES PRICE

AUG

$957

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

9.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.987 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


Santa Barbara East of State DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$982,500

$1,050,000

$1,112,500

$1,150,000

17.0%

Average Price per Square Foot ...........................

$540

$576

$573

$675

25.0%

Properties Sold .......................................................

40

26

26

25

-37.5%

Properties Pending Sale .......................................

34

26

16

41

20.6%

Properties For Sale ................................................

134

137

92

127

-5.2%

Days on Market (Pending Sale) ...........................

38

61

77

54

42.1%

Month’s Supply of Inventory ................................

3.4

5.3

3.5

5.1

51.6%

Percent Under Contract ........................................

25.4%

19.0%

17.4%

32.3%

27.2%

Average Median Price for Last 12 Months ........

$907,000

$1,166,750

$1,237,667

$1,096,106

20.8%

*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.

current market snapshot APR

$982

MAY

$1,150,000

JUN JUL

MEDIAN SALES PRICE

AUG

$675

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.150 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


Santa Barbara West of State DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$800,000

$942,500

$1,055,000

$967,500

20.9%

Average Price per Square Foot ...........................

$550

$556

$616

$641

16.5%

Properties Sold .......................................................

31

20

20

18

-41.9%

Properties Pending Sale .......................................

32

19

15

26

-18.8%

Properties For Sale ................................................

81

76

55

71

-12.3%

Days on Market (Pending Sale) ...........................

33

47

25

39

18.2%

Month’s Supply of Inventory ................................

2.6

3.8

2.8

3.9

51.0%

Percent Under Contract ........................................

39.5%

25.0%

27.3%

36.6%

-7.3%

Average Median Price for Last 12 Months ........

$698,000

$930,917

$940,833

$911,308

30.6%

*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.

current market snapshot APR

$800

MAY

$967,500

JUN JUL

MEDIAN SALES PRICE

AUG

$641

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$967 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


Santa Ynez DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$717,500

$656,000

$992,500

$582,500

-18.8%

Average Price per Square Foot ...........................

$472

$316

$588

$297

-37.1%

Properties Sold .......................................................

6

5

4

7

16.7%

Properties Pending Sale .......................................

13

2

12

12

-7.7%

Properties For Sale ................................................

99

118

103

118

19.2%

Days on Market (Pending Sale) ...........................

106

44

73

97

-8.5%

Month’s Supply of Inventory ................................

16.5

23.6

25.8

16.9

2.2%

Percent Under Contract ........................................

13.1%

1.7%

11.7%

10.2%

-22.6%

Average Median Price for Last 12 Months ........

$694,000

$694,667

$652,500

$669,769

-3.5%

*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.

current market snapshot $717

APR MAY

$582,500

JUN JUL

MEDIAN SALES PRICE

AUG

$297

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

16.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$582 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


Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : April 2014

telesproperties.com


County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : April 2014

telesproperties.com


Carmel DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$1,775,000

$1,050,000

$1,816,875

$1,395,000

-21.4%

Average Price per Square Foot ...........................

$858

$772

$1,081

$878

2.3%

Properties Sold .......................................................

26

11

12

20

-23.1%

Properties Pending Sale .......................................

27

17

22

36

33.3%

Properties For Sale ................................................

162

166

146

156

-3.7%

Days on Market (Pending Sale) ...........................

54

174

109

70

29.6%

Month’s Supply of Inventory ................................

6.2

15.1

12.2

7.8

25.2%

Percent Under Contract ........................................

16.7%

10.2%

15.1%

23.1%

38.5%

Average Median Price for Last 12 Months ........

$1,198,000

$1,469,063

$1,410,833

$1,350,356

12.7%

*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.

current market snapshot $1.775

APR MAY

$1,395,000

JUN JUL

MEDIAN SALES PRICE

AUG

$878

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.395 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


Carmel Valley DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$755,000

$1,058,500

$1,150,000

$832,000

10.2%

Average Price per Square Foot ...........................

$348

$423

$453

$516

48.3%

Properties Sold .......................................................

15

6

5

16

6.7%

Properties Pending Sale .......................................

14

10

11

17

21.4%

Properties For Sale ................................................

91

120

89

95

4.4%

Days on Market (Pending Sale) ...........................

115

95

159

90

-21.7%

Month’s Supply of Inventory ................................

6.1

20

17.8

5.9

-2.1%

Percent Under Contract ........................................

15.4%

8.3%

12.4%

17.9%

16.3%

Average Median Price for Last 12 Months ........

$840,000

$1,126,375

$1,081,083

$985,096

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.

current market snapshot APR

$755

MAY

$832,000

JUN JUL

MEDIAN SALES PRICE

AUG

$516

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$832 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


Pacific Grove DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$690,000

$727,900

$772,250

$725,000

5.1%

Average Price per Square Foot ...........................

$518

$575

$538

$538

3.9%

Properties Sold .......................................................

19

15

14

15

-21.1%

Properties Pending Sale .......................................

17

11

5

21

23.5%

Properties For Sale ................................................

62

56

50

63

1.6%

Days on Market (Pending Sale) ...........................

64

80

26

67

4.7%

Month’s Supply of Inventory ................................

3.3

3.7

3.6

4.2

28.7%

Percent Under Contract ........................................

27.4%

19.6%

10.0%

33.3%

21.6%

Average Median Price for Last 12 Months ........

$613,000

$736,159

$716,734

$712,835

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.

current market snapshot APR

$690

MAY

$725,000

JUN JUL

MEDIAN SALES PRICE

AUG

$538

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$725 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


Pebble Beach DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$2,500,000

$1,130,000

$1,918,000

$1,350,000

-46.0%

Average Price per Square Foot ...........................

$588

$589

$744

$595

1.2%

Properties Sold .......................................................

5

9

6

11

120.0%

Properties Pending Sale .......................................

6

5

14

13

116.7%

Properties For Sale ................................................

87

93

85

75

-13.8%

Days on Market (Pending Sale) ...........................

68

67

134

106

55.9%

Month’s Supply of Inventory ................................

17.4

10.3

14.2

6.8

-60.8%

Percent Under Contract ........................................

6.9%

5.4%

16.5%

17.3%

151.3%

Average Median Price for Last 12 Months ........

$1,261,000

$1,522,038

$1,395,500

$1,531,133

21.4%

*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 $2.500

APR MAY

$1,350,000

JUN JUL

MEDIAN SALES PRICE

AUG

$595

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.350 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

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Condominiums

Beverly Center - Miracle Mile Beverly Hills Brentwood Culver City Encino Malibu Marina Del Rey Santa Monica Sherman Oaks Studio City Venice West Hollywood West LA Westwood - Century City

Micro Market Report : April 2014

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : April 2014

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Beverly Center - Miracle Mile DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$488,550

$754,500

$495,000

$730,000

49.4%

Average Price per Square Foot ...........................

$452

$481

$524

$503

11.3%

Properties Sold .......................................................

4

14

5

9

125.0%

Properties Pending Sale .......................................

5

7

6

6

20.0%

Properties For Sale ................................................

17

40

25

29

70.6%

Days on Market (Pending Sale) ...........................

42

31

88

28

-33.3%

Month’s Supply of Inventory ................................

4.2

2.9

5

3.2

-24.2%

Percent Under Contract ........................................

29.4%

17.5%

24.0%

20.7%

-29.7%

Average Median Price for Last 12 Months ........

$523,000

$702,000

$714,833

$659,504

26.1%

*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.

current market snapshot APR

$488

MAY

$730,000

JUN JUL

MEDIAN SALES PRICE

AUG

$503

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$730 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

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Beverly Hills DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$905,000

$1,067,500

$1,250,000

$1,015,000

12.2%

Average Price per Square Foot ...........................

$512

$505

$1,214

$612

19.5%

Properties Sold .......................................................

11

8

5

9

-18.2%

Properties Pending Sale .......................................

12

5

10

15

25.0%

Properties For Sale ................................................

42

48

50

52

23.8%

Days on Market (Pending Sale) ...........................

80

30

65

70

-12.5%

Month’s Supply of Inventory ................................

3.8

6

10

5.8

51.3%

Percent Under Contract ........................................

28.6%

10.4%

20.0%

28.8%

1.0%

Average Median Price for Last 12 Months ........

$895,000

$1,036,750

$1,051,000

$964,808

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.

current market snapshot APR

$905

MAY

$1,015,000

JUN JUL

MEDIAN SALES PRICE

AUG

$612

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.015 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

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Brentwood DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$670,625

$715,000

$818,500

$803,500

19.8%

Average Price per Square Foot ...........................

$517

$492

$483

$524

1.4%

Properties Sold .......................................................

22

14

10

17

-22.7%

Properties Pending Sale .......................................

25

12

14

22

-12.0%

Properties For Sale ................................................

81

73

56

78

-3.7%

Days on Market (Pending Sale) ...........................

48

55

42

40

-16.7%

Month’s Supply of Inventory ................................

3.7

5.2

5.6

4.6

24.6%

Percent Under Contract ........................................

30.9%

16.4%

25.0%

28.2%

-8.6%

Average Median Price for Last 12 Months ........

$663,000

$762,917

$797,167

$722,429

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.

current market snapshot APR

$670

MAY

$803,500

JUN JUL

MEDIAN SALES PRICE

AUG

$524

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$803 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


Culver City DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$335,000

$367,500

$377,000

$350,000

4.5%

Average Price per Square Foot ...........................

$328

$410

$387

$370

12.8%

Properties Sold .......................................................

13

12

8

14

7.7%

Properties Pending Sale .......................................

18

12

12

14

-22.2%

Properties For Sale ................................................

30

36

41

46

53.3%

Days on Market (Pending Sale) ...........................

18

30

19

20

11.1%

Month’s Supply of Inventory ................................

2.3

3

5.1

3.3

42.4%

Percent Under Contract ........................................

60.0%

33.3%

29.3%

30.4%

-49.3%

Average Median Price for Last 12 Months ........

$320,000

$411,250

$407,167

$399,505

24.8%

*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.

current market snapshot APR

$335

MAY

$350,000

JUN JUL

MEDIAN SALES PRICE

AUG

$370

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$350 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


Encino DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$230,000

$266,000

$255,000

$329,000

43.0%

Average Price per Square Foot ...........................

$207

$257

$243

$255

23.2%

Properties Sold .......................................................

21

14

11

20

-4.8%

Properties Pending Sale .......................................

25

9

16

20

-20.0%

Properties For Sale ................................................

13

32

37

51

292.3%

Days on Market (Pending Sale) ...........................

66

29

65

50

-24.2%

Month’s Supply of Inventory ................................

0.6

2.3

3.4

2.6

311.9%

Percent Under Contract ........................................

192.3%

28.1%

43.2%

39.2%

-79.6%

Average Median Price for Last 12 Months ........

$223,308

$304,500

$329,667

$289,615

29.7%

*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.

current market snapshot APR

$230

MAY

$329,000

JUN JUL

MEDIAN SALES PRICE

AUG

$255

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$329 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


Malibu DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$502,000

$980,000

$499,000

$1,075,000

114.1%

Average Price per Square Foot ...........................

$407

$558

$441

$812

99.5%

Properties Sold .......................................................

4

4

3

2

-50.0%

Properties Pending Sale .......................................

2

2

1

5

150.0%

Properties For Sale ................................................

21

26

20

20

-4.8%

Days on Market (Pending Sale) ...........................

156

78

72

37

-76.3%

Month’s Supply of Inventory ................................

5.2

6.5

6.7

10

90.5%

Percent Under Contract ........................................

9.5%

7.7%

5.0%

25.0%

162.5%

Average Median Price for Last 12 Months ........

$660,000

$746,200

$826,167

$720,591

9.2%

*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.

current market snapshot APR

$502

MAY

$1,075,000

JUN JUL

MEDIAN SALES PRICE

AUG

$812

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

10 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.075 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


Marina Del Rey DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$720,500

$770,000

$719,900

$765,000

6.2%

Average Price per Square Foot ...........................

$506

$570

$640

$591

16.8%

Properties Sold .......................................................

22

22

17

25

13.6%

Properties Pending Sale .......................................

27

28

18

33

22.2%

Properties For Sale ................................................

127

168

128

141

11.0%

Days on Market (Pending Sale) ...........................

45

48

80

76

68.9%

Month’s Supply of Inventory ................................

5.8

7.6

7.5

5.6

-2.3%

Percent Under Contract ........................................

21.3%

16.7%

14.1%

23.4%

10.1%

Average Median Price for Last 12 Months ........

$614,000

$716,150

$739,833

$734,562

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.

current market snapshot APR

$720

MAY

$765,000

JUN JUL

MEDIAN SALES PRICE

AUG

$591

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$765 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


Santa Monica DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$685,000

$787,000

$775,000

$767,500

12.0%

Average Price per Square Foot ...........................

$644

$704

$811

$715

11.0%

Properties Sold .......................................................

34

32

17

42

23.5%

Properties Pending Sale .......................................

32

35

32

42

31.2%

Properties For Sale ................................................

79

119

106

135

70.9%

Days on Market (Pending Sale) ...........................

50

34

60

39

-22.0%

Month’s Supply of Inventory ................................

2.3

3.7

6.2

3.2

38.3%

Percent Under Contract ........................................

40.5%

29.4%

30.2%

31.1%

-23.2%

Average Median Price for Last 12 Months ........

$714,000

$748,758

$739,933

$774,619

8.5%

*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.

current market snapshot APR

$685

MAY

$767,500

JUN JUL

MEDIAN SALES PRICE

AUG

$715

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$767 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


Sherman Oaks DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$330,000

$365,000

$450,000

$375,000

13.6%

Average Price per Square Foot ...........................

$260

$295

$304

$312

20.0%

Properties Sold .......................................................

13

21

15

18

38.5%

Properties Pending Sale .......................................

25

19

13

26

4.0%

Properties For Sale ................................................

21

36

34

52

147.6%

Days on Market (Pending Sale) ...........................

42

53

50

52

23.8%

Month’s Supply of Inventory ................................

1.6

1.7

2.3

2.9

78.8%

Percent Under Contract ........................................

119.0%

52.8%

38.2%

50.0%

-58.0%

Average Median Price for Last 12 Months ........

$302,077

$396,833

$385,667

$378,769

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.

current market snapshot APR

$330

MAY

$375,000

JUN JUL

MEDIAN SALES PRICE

AUG

$312

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$375 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


Studio City DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$400,000

$450,000

$525,000

$450,000

12.5%

Average Price per Square Foot ...........................

$281

$351

$397

$396

40.9%

Properties Sold .......................................................

5

16

6

8

60.0%

Properties Pending Sale .......................................

19

10

11

6

-68.4%

Properties For Sale ................................................

21

24

24

33

57.1%

Days on Market (Pending Sale) ...........................

24

50

54

77

220.8%

Month’s Supply of Inventory ................................

4.2

1.5

4

4.1

-1.8%

Percent Under Contract ........................................

90.5%

41.7%

45.8%

18.2%

-79.9%

Average Median Price for Last 12 Months ........

$409,692

$461,833

$453,000

$459,769

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.

current market snapshot APR

$400

MAY

$450,000

JUN JUL

MEDIAN SALES PRICE

AUG

$396

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$450 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


Venice DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$957,500

$1,062,500

$0

$1,101,300

15.0%

Average Price per Square Foot ...........................

$597

$631

$0

$786

31.7%

Properties Sold .......................................................

2

4

0

5

150.0%

Properties Pending Sale .......................................

9

7

5

2

-77.8%

Properties For Sale ................................................

17

20

13

13

-23.5%

Days on Market (Pending Sale) ...........................

22

44

95

6

-72.7%

Month’s Supply of Inventory ................................

8.5

5

0

2.6

-69.4%

Percent Under Contract ........................................

52.9%

35.0%

38.5%

15.4%

-70.9%

Average Median Price for Last 12 Months ........

$1,052,000

$1,027,860

$1,018,433

$1,037,192

-1.4%

*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

$957

MAY

$1,101,300

JUN JUL

MEDIAN SALES PRICE

AUG

$786

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.101 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


West Hollywood DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$515,000

$582,500

$630,000

$645,000

25.2%

Average Price per Square Foot ...........................

$479

$522

$559

$579

20.9%

Properties Sold .......................................................

27

32

17

33

22.2%

Properties Pending Sale .......................................

31

27

31

32

3.2%

Properties For Sale ................................................

98

138

122

140

42.9%

Days on Market (Pending Sale) ...........................

57

41

36

45

-21.1%

Month’s Supply of Inventory ................................

3.6

4.3

7.2

4.2

16.9%

Percent Under Contract ........................................

31.6%

19.6%

25.4%

22.9%

-27.7%

Average Median Price for Last 12 Months ........

$469,000

$656,125

$630,917

$581,577

24.0%

*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.

current market snapshot APR

$515

MAY

$645,000

JUN JUL

MEDIAN SALES PRICE

AUG

$579

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$645 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


West LA DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$640,000

$549,000

$570,000

$575,000

-10.2%

Average Price per Square Foot ...........................

$451

$462

$416

$465

3.1%

Properties Sold .......................................................

21

9

9

15

-28.6%

Properties Pending Sale .......................................

19

13

13

11

-42.1%

Properties For Sale ................................................

43

52

42

56

30.2%

Days on Market (Pending Sale) ...........................

16

52

48

27

68.8%

Month’s Supply of Inventory ................................

2

5.8

4.7

3.7

82.3%

Percent Under Contract ........................................

44.2%

25.0%

31.0%

19.6%

-55.5%

Average Median Price for Last 12 Months ........

$563,000

$643,542

$589,667

$644,904

14.5%

*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.

current market snapshot APR

$640

MAY

$575,000

JUN JUL

MEDIAN SALES PRICE

AUG

$465

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$575 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


Westwood - Century City DATA*

Apr 2013

6 month

3 month

Apr 2014

% change

Median Price ..........................................................

$677,500

$952,500

$675,000

$749,000

10.6%

Average Price per Square Foot ...........................

$465

$762

$530

$708

52.3%

Properties Sold .......................................................

48

38

23

41

-14.6%

Properties Pending Sale .......................................

48

44

52

46

-4.2%

Properties For Sale ................................................

241

288

269

280

16.2%

Days on Market (Pending Sale) ...........................

64

67

56

76

18.8%

Month’s Supply of Inventory ................................

5

7.6

11.7

6.8

36.0%

Percent Under Contract ........................................

19.9%

15.3%

19.3%

16.4%

-17.5%

Average Median Price for Last 12 Months ........

$621,000

$725,677

$768,354

$722,850

16.4%

*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

$677

MAY

$749,000

JUN JUL

MEDIAN SALES PRICE

AUG

$708

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$749 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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