April 2015 Micro Market Report | Teles Properties

Page 19

Hollywood Hills East DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,143,500

$1,138,750

$1,125,548

$1,249,500

9.3%

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

$527

$609

$483

$556

5.5%

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

8

12

8

16

100.0%

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

10

13

14

12

20.0%

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

61

60

55

65

6.6%

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

62

44

79

43

-30.6%

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

6.1

4.6

3.9

4.1

-33.4%

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

16.4%

21.7%

25.5%

18.5%

12.6%

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

$1,123,000

$1,167,785

$1,131,720

$1,142,735

1.7%

*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

$1.143

MAY

$1,249,500

JUN JUL

MEDIAN SALES PRICE

AUG

$556

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.249 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


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