April 2015 Micro Market Report | Teles Properties

Page 133

Pebble Beach DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,350,000

$1,287,500

$1,963,750

$1,340,000

-0.7%

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

$595

$1,423

$805

$555

-6.7%

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

11

16

6

11

0.0%

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

13

9

8

9

-30.8%

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

75

83

78

73

-2.7%

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

106

135

124

89

-16.0%

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

6.8

5.2

13

6.6

-2.7%

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

17.3%

10.8%

10.3%

12.3%

-28.9%

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

$1,514,000

$1,444,042

$1,516,833

$1,450,712

-4.2%

*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

$1.350

MAY

$1,340,000

JUN JUL

MEDIAN SALES PRICE

AUG

$555

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.340 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 2015

telesproperties.com


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.