San Gabriel Valley Macro Market DATA*
Apr 2014
6 month
3 month
Apr 2015
% change
Median Price ..........................................................
$946,818
$980,000
$954,091
$1,068,909
12.9%
Average Price per Square Foot ...........................
$487
$508
$500
$518
6.4%
Properties Sold .......................................................
287
298
203
297
3.5%
Properties Pending Sale .......................................
293
303
224
351
19.8%
Properties For Sale ................................................
585
750
599
725
23.9%
Days on Market (Pending Sale) ...........................
39
50
67
54
38.5%
Month’s Supply of Inventory ................................
2
2.5
3
2.4
19.8%
Percent Under Contract ........................................
50.1%
40.4%
37.4%
48.4%
-3.3%
Average Median Price for Last 12 Months ........
$894,399
$1,012,697
$1,025,697
$982,846
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
$946
MAY
$1,068,909
JUN JUL
MEDIAN SALES PRICE
AUG
$518
SEP OCT
AVERAGE PRICE PER SQ FT
NOV DEC JAN
2.4 MONTH’S SUPPLY OF INVENTORY
FEB MAR APR
$1.068 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
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