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micro market report luxury real estate market research April 2015 | 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

Palos Verdes Estates

North Hollywood

Bel Air - Holmby Hills

Mid Wilshire

Rancho Palos Verdes

Shadow Hills

Beverly Center - Miracle Mile

Pacific Palisades

Redondo Beach - North

Sherman Oaks

Beverly Hills

Palms - Mar Vista

Redondo Beach - South

Studio City

Beverly Hills P.O.

Playa del Rey

Rolling Hills

Sun Valley

Beverlywood

Playa Vista

Rolling Hills Estates

Sunland - Tujunga

Brentwood

Santa Monica

San Pedro

Tarzana

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Torrance - County Strip

Toluca Lake

Culver City

Venice

Torrance - North

Valley Village

Hancock Park - Wilshire

West Hollywood

Torrance - Southeast

Woodland Hills

Hollywood

West Los Angeles

Torrance - South

San Gabriel Valley Macro

Hollywood Hills East

Westchester

Torrance - West

Altadena

Laurel Canyon

Westwood - Century City

San Fernando Macro

Arcadia

Los Feliz

South Bay Macro

Burbank

Duarte

Malibu

El Segundo

Encino

Eagle Rock

Malibu Beach

Hermosa Beach

Glendale

La Canada Flintridge

Marina del Rey

Manhattan Beach

La Crescenta

Monrovia

Micro Market Report : April 2015

telesproperties.com


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

Pasadena San Gabriel San Marino Sierra Madre South Pasadena

Micro Market Report : April 2015

telesproperties.com


Los Angeles County DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$515,000

$535,000

$498,500

$536,000

4.1%

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

$402

$423

$407

$423

5.2%

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

3977

4061

2684

4460

12.1%

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

4082

4193

3797

5420

32.8%

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

18,823

20,828

16,372

18,190

-3.4%

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

55

63

56

42

-23.6%

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

4.7

5.1

6.1

4.1

-13.8%

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

21.7%

20.1%

23.2%

29.8%

37.4%

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

$606,000

$512,295

$519,089

$523,213

-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

$515

MAY

$536,000

JUN JUL

MEDIAN SALES PRICE

AUG

$423

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$536 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


Bel-Air Holmby Hills DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$7,400,000

$2,011,100

$2,950,000

$2,377,500

-67.9%

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

$969

$694

$967

$1,845

90.4%

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

3

10

15

10

233.3%

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

9

24

18

18

100.0%

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

107

137

113

117

9.3%

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

136

67

105

46

-66.2%

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

35.7

13.7

7.5

11.7

-67.2%

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

8.4%

17.5%

15.9%

15.4%

82.9%

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

$2,343,000

$2,160,000

$2,312,500

$2,706,800

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 $7.400

APR MAY

$2,377,500

JUN JUL

MEDIAN SALES PRICE

AUG

$1,845

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

11.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.377 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


Beverly Center - Miracle Mile DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,265,000

$1,250,000

$1,265,000

$1,470,000

16.2%

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

$623

$612

$607

$643

3.2%

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

13

20

8

20

53.8%

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

15

13

16

21

40.0%

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

58

61

69

66

13.8%

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

51

65

41

23

-54.9%

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

4.5

3

8.6

3.3

-26.0%

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

25.9%

21.3%

23.2%

31.8%

23.0%

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

$1,242,000

$1,387,508

$1,410,167

$1,359,138

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 APR

$1.265

MAY

$1,470,000

JUN JUL

MEDIAN SALES PRICE

AUG

$643

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.470 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


Beverly Hills DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$4,157,000

$2,997,500

$5,900,000

$6,150,000

47.9%

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

$1,145

$1,156

$1,606

$1,238

8.1%

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

18

14

12

20

11.1%

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

12

14

10

17

41.7%

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

90

102

83

97

7.8%

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

26

121

81

56

115.4%

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

5

7.3

6.9

4.8

-3.0%

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

13.3%

13.7%

12.0%

17.5%

31.4%

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

$4,707,000

$5,216,667

$4,935,000

$4,464,000

-5.4%

*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

$4.157

MAY

$6,150,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,238

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$6.150 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 2015

telesproperties.com


Beverly Hills- Post Office DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$2,740,000

$2,275,000

$2,950,000

$2,300,000

-16.1%

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

$801

$811

$817

$775

-3.2%

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

16

17

5

12

-25.0%

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

11

14

13

14

27.3%

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

121

143

125

139

14.9%

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

62

81

89

70

12.9%

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

7.6

8.4

25

11.6

53.2%

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

9.1%

9.8%

10.4%

10.1%

10.8%

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

$2,218,000

$2,415,250

$1,900,000

$2,505,500

11.5%

*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

$2.740

MAY

$2,300,000

JUN JUL

MEDIAN SALES PRICE

AUG

$775

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

11.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.300 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


Beverlywood DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,107,500

$930,500

$977,000

$960,000

-13.3%

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

$616

$584

$650

$626

1.6%

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

20

22

15

15

-25.0%

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

16

7

22

18

12.5%

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

55

46

46

52

-5.5%

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

52

50

47

32

-38.5%

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

2.8

2.1

3.1

3.5

26.1%

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

29.1%

15.2%

47.8%

34.6%

19.0%

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

$908,000

$872,271

$872,667

$947,010

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

$1.107

MAY

$960,000

JUN JUL

MEDIAN SALES PRICE

AUG

$626

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$960 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


Brentwood DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$2,575,000

$2,989,500

$2,600,500

$3,287,500

27.7%

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

$986

$1,013

$1,045

$948

-3.9%

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

13

22

10

22

69.2%

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

17

29

11

24

41.2%

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

112

126

87

131

17.0%

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

63

44

41

59

-6.3%

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

8.6

5.7

8.7

6

-30.9%

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

15.2%

23.0%

12.6%

18.3%

20.7%

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

$2,455,000

$2,763,957

$3,219,464

$2,793,365

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

$2.575

MAY

$3,287,500

JUN JUL

MEDIAN SALES PRICE

AUG

$948

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.287 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


Cheviot Hills - Rancho Park DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,285,000

$1,820,000

$1,300,000

$1,487,500

15.8%

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

$621

$728

$765

$721

16.1%

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

7

7

8

8

14.3%

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

7

5

2

7

0.0%

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

18

23

17

28

55.6%

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

22

15

80

40

81.8%

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

2.6

3.3

2.1

3.5

36.1%

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

38.9%

21.7%

11.8%

25.0%

-35.7%

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

$1,515,000

$1,489,250

$1,495,167

$1,543,346

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

$1.285

MAY

$1,487,500

JUN JUL

MEDIAN SALES PRICE

AUG

$721

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.487 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


Culver City DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$902,000

$808,000

$1,075,000

$976,000

8.2%

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

$597

$592

$546

$669

12.1%

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

22

22

11

22

0.0%

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

12

17

21

16

33.3%

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

34

45

53

49

44.1%

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

14

43

41

31

121.4%

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

1.5

2

4.8

2.2

44.1%

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

35.3%

37.8%

39.6%

32.7%

-7.5%

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

$798,000

$920,500

$915,333

$881,292

9.5%

*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

$902

MAY

$976,000

JUN JUL

MEDIAN SALES PRICE

AUG

$669

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$976 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


Hancock Park - Wilshire DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,215,000

$1,335,000

$1,472,500

$1,335,000

9.9%

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

$580

$611

$597

$606

4.5%

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

19

21

24

31

63.2%

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

26

25

25

32

23.1%

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

108

107

98

123

13.9%

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

43

52

40

36

-16.3%

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

5.7

5.1

4.1

4

-30.2%

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

24.1%

23.4%

25.5%

26.0%

8.1%

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

$1,237,000

$1,287,917

$1,227,500

$1,308,058

5.4%

*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

$1.215

MAY

$1,335,000

JUN JUL

MEDIAN SALES PRICE

AUG

$606

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.335 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


Hollywood DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$857,500

$917,000

$1,190,000

$825,000

-3.8%

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

$545

$532

$568

$568

4.2%

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

4

12

6

5

25.0%

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

5

7

7

8

60.0%

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

29

28

39

44

51.7%

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

53

30

64

58

9.4%

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

7.2

2.3

6.5

8.8

21.4%

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

17.2%

25.0%

17.9%

18.2%

5.5%

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

$676,000

$834,583

$774,167

$857,355

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

$857

MAY

$825,000

JUN JUL

MEDIAN SALES PRICE

AUG

$568

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

8.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$825 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


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


Laurel Canyon DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,290,000

$1,465,000

$1,300,000

$1,407,000

9.1%

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

$805

$794

$674

$761

-5.5%

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

20

27

29

28

40.0%

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

32

26

20

21

-34.4%

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

142

138

122

138

-2.8%

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

55

48

67

72

30.9%

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

4.4

5.3

6.1

4.9

11.1%

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

22.5%

18.8%

16.4%

15.2%

-32.5%

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

$1,268,000

$1,485,333

$1,617,333

$1,421,923

10.8%

*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

$1.290

MAY

$1,407,000

JUN JUL

MEDIAN SALES PRICE

AUG

$761

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.407 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


Los Feliz DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,592,500

$1,600,000

$1,617,500

$1,037,500

-34.9%

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

$639

$615

$585

$604

-5.5%

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

16

11

16

22

37.5%

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

23

19

15

24

4.3%

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

91

68

64

87

-4.4%

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

28

60

57

40

42.9%

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

4

3.6

4.3

4

-0.0%

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

25.3%

27.9%

23.4%

27.6%

9.1%

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

$1,196,000

$1,270,783

$1,125,000

$1,312,631

8.9%

*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 $1.592

APR MAY

$1,037,500

JUN JUL

MEDIAN SALES PRICE

AUG

$604

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.037 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


Malibu DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$2,200,000

$2,852,500

$1,910,000

$2,246,184

2.1%

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

$649

$836

$778

$655

0.9%

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

15

14

12

19

26.7%

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

12

16

15

17

41.7%

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

193

201

174

199

3.1%

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

104

142

159

126

21.2%

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

12.9

14.4

14.5

10.5

-18.6%

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

6.2%

8.0%

8.6%

8.5%

37.4%

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

$2,054,000

$2,113,583

$2,042,165

$2,346,077

12.4%

*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

$2.200

MAY

$2,246,184

JUN JUL

MEDIAN SALES PRICE

AUG

$655

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

10.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.246 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


Malibu Beach DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$3,595,125

$13,325,000

$4,725,000

$5,350,000

48.8%

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

$1,193

$2,419

$1,716

$1,548

29.8%

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

2

2

2

3

50.0%

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

2

3

2

3

50.0%

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

78

73

66

78

0.0%

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

75

130

216

43

-42.7%

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

39

36.5

33

26

-33.3%

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

2.6%

4.1%

3.0%

3.8%

50.0%

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

$5,620,000

$5,267,083

$4,659,167

$6,366,163

11.7%

*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

$3.595

MAY

$5,350,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,548

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

26 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$5.350 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 2015

telesproperties.com


Marina Del Rey DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,260,000

$780,000

$1,899,750

$1,980,000

57.1%

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

$554

$547

$599

$695

25.5%

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

8

5

4

5

-37.5%

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

6

5

6

3

-50.0%

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

23

25

22

17

-26.1%

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

44

30

40

33

-25.0%

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

2.9

5

5.5

3.4

18.3%

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

26.1%

20.0%

27.3%

17.6%

-32.4%

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

$1,586,000

$1,775,138

$1,982,859

$1,721,194

7.9%

*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

$1.260

MAY

$1,980,000

JUN JUL

MEDIAN SALES PRICE

AUG

$695

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.980 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 2015

telesproperties.com


Mid Los Angeles DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$526,000

$548,600

$492,500

$520,000

-1.1%

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

$325

$371

$305

$332

2.2%

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

15

22

26

32

113.3%

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

25

16

37

42

68.0%

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

64

70

131

149

132.8%

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

49

52

42

34

-30.6%

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

4.3

3.2

5

4.7

9.1%

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

39.1%

22.9%

28.2%

28.2%

-27.8%

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

$466,000

$458,417

$464,333

$518,008

10.0%

*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

$526

MAY

$520,000

JUN JUL

MEDIAN SALES PRICE

AUG

$332

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$520 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


Mid Wilshire DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$747,000

$540,000

$592,500

$805,000

7.8%

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

$349

$394

$357

$411

17.8%

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

3

3

6

5

66.7%

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

4

2

7

2

-50.0%

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

18

15

30

30

66.7%

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

56

15

50

54

-3.6%

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

6

5

5

6

0.0%

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

22.2%

13.3%

23.3%

6.7%

-70.0%

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

$565,000

$567,583

$590,167

$614,923

8.1%

*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

$747

MAY

$805,000

JUN JUL

MEDIAN SALES PRICE

AUG

$411

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$805 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


Pacific Palisades DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$2,472,500

$2,200,000

$2,135,000

$2,425,000

-1.9%

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

$886

$733

$936

$1,058

19.4%

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

24

22

14

36

50.0%

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

33

24

20

37

12.1%

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

118

121

109

127

7.6%

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

68

42

78

43

-36.8%

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

4.9

5.5

7.8

3.5

-28.2%

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

28.0%

19.8%

18.3%

29.1%

4.2%

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

$2,379,000

$2,579,400

$2,937,333

$2,554,336

6.9%

*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

$2.472

MAY

$2,425,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,058

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.425 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


Palms - Mar Vista DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,125,000

$1,175,000

$941,000

$1,234,375

9.7%

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

$653

$627

$654

$693

6.1%

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

25

31

19

33

32.0%

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

23

27

19

35

52.2%

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

62

80

66

88

41.9%

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

23

61

48

34

47.8%

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

2.5

2.6

3.5

2.7

7.5%

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

37.1%

33.8%

28.8%

39.8%

7.2%

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

$976,000

$1,127,087

$1,163,792

$1,078,194

9.5%

*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

$1.125

MAY

$1,234,375

JUN JUL

MEDIAN SALES PRICE

AUG

$693

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.234 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


Playa Del Rey DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,778,000

$1,252,000

$1,750,000

$3,650,000

105.3%

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

$492

$572

$500

$598

21.5%

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

4

4

1

1

-75.0%

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

4

2

4

0

-100.0%

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

16

22

16

7

-56.2%

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

22

134

74

0

-100.0%

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

4

5.5

16

7

75.0%

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

25.0%

9.1%

25.0%

0.0%

-100.0%

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

$1,199,000

$1,886,333

$2,501,667

$1,568,038

23.5%

*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

$1.778

MAY

$3,650,000

JUN JUL

MEDIAN SALES PRICE

AUG

$598

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.650 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


Playa Vista DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,000,000

$1,220,750

$1,795,000

$2,075,000

107.5%

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

$363

$485

$494

$468

28.9%

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

1

2

1

1

0.0%

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

1

1

1

0

-100.0%

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

6

6

7

6

0.0%

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

87

9

9

0

-100.0%

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

6

3

7

6

0.0%

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

16.7%

16.7%

14.3%

0.0%

-100.0%

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

$1,272,000

$1,783,000

$1,864,150

$1,477,688

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

$1.000

MAY

$2,075,000

JUN JUL

MEDIAN SALES PRICE

AUG

$468

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.075 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 2015

telesproperties.com


Santa Monica DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$2,225,000

$2,225,000

$2,018,750

$2,410,000

8.3%

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

$927

$932

$873

$1,081

16.6%

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

20

29

14

19

-5.0%

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

22

22

11

31

40.9%

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

82

83

59

99

20.7%

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

47

54

48

30

-36.2%

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

4.1

2.9

4.2

5.2

27.1%

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

26.8%

26.5%

18.6%

31.3%

16.7%

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

$2,028,000

$2,406,208

$2,574,799

$2,175,192

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

$2.225

MAY

$2,410,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,081

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.410 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


Sunset Strip - Hollywood Hills West DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,642,500

$2,050,525

$1,426,000

$1,573,750

-4.2%

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

$893

$871

$1,003

$772

-13.5%

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

33

36

35

38

15.2%

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

41

40

35

31

-24.4%

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

245

279

244

302

23.3%

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

75

77

63

73

-2.7%

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

7.4

7.8

7

7.9

7.0%

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

16.7%

14.3%

14.3%

10.3%

-38.7%

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

$1,480,000

$1,666,408

$1,707,483

$1,761,480

16.0%

*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

$1.642

MAY

$1,573,750

JUN JUL

MEDIAN SALES PRICE

AUG

$772

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.573 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


Venice DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,722,000

$1,441,375

$1,270,000

$2,150,000

24.9%

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

$727

$1,062

$1,014

$1,020

40.3%

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

8

18

11

20

150.0%

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

22

23

14

32

45.5%

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

55

68

69

85

54.5%

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

34

51

58

40

17.6%

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

6.9

3.8

6.3

4.2

-38.2%

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

40.0%

33.8%

20.3%

37.6%

-5.9%

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

$1,444,000

$1,711,417

$1,865,000

$1,656,490

14.7%

*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

$1.722

MAY

$2,150,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,020

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.150 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 2015

telesproperties.com


West Hollywood DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,376,130

$1,250,000

$2,150,000

$2,065,000

50.1%

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

$921

$968

$723

$770

-16.4%

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

10

7

9

14

40.0%

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

11

12

7

9

-18.2%

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

43

52

49

45

4.7%

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

29

56

88

21

-27.6%

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

4.3

7.4

5.4

3.2

-25.2%

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

25.6%

23.1%

14.3%

20.0%

-21.8%

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

$1,104,000

$1,531,917

$1,672,500

$1,384,976

20.3%

*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

$1.376

MAY

$2,065,000

JUN JUL

MEDIAN SALES PRICE

AUG

$770

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.065 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


West Los Angeles DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$891,000

$959,000

$895,000

$994,000

11.6%

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

$602

$600

$606

$592

-1.7%

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

8

15

13

8

0.0%

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

11

12

1

19

72.7%

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

30

35

26

41

36.7%

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

47

51

119

28

-40.4%

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

3.8

2.3

2

5.1

36.7%

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

36.7%

34.3%

3.8%

46.3%

26.4%

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

$819,000

$912,400

$958,500

$898,146

9.7%

*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

$891

MAY

$994,000

JUN JUL

MEDIAN SALES PRICE

AUG

$592

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$994 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


Westchester DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$814,000

$894,000

$939,685

$952,500

17.0%

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

$482

$564

$533

$552

14.5%

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

17

19

15

28

64.7%

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

16

21

23

31

93.8%

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

63

70

49

72

14.3%

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

28

28

56

17

-39.3%

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

3.7

3.7

3.3

2.6

-30.6%

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

25.4%

30.0%

46.9%

43.1%

69.5%

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

$789,000

$877,143

$883,467

$850,489

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

$814

MAY

$952,500

JUN JUL

MEDIAN SALES PRICE

AUG

$552

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$952 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


Westwood - Century City DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,615,000

$1,684,000

$1,863,250

$1,668,875

3.3%

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

$701

$796

$918

$716

2.1%

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

14

12

4

14

0.0%

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

16

14

11

17

6.2%

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

62

60

46

58

-6.5%

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

38

37

32

21

-44.7%

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

4.4

5

11.5

4.1

-6.5%

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

25.8%

23.3%

23.9%

29.3%

13.6%

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

$1,575,000

$1,701,688

$1,764,625

$1,759,356

11.7%

*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

$1.615

MAY

$1,668,875

JUN JUL

MEDIAN SALES PRICE

AUG

$716

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.668 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


South Bay Macro Market DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,121,867

$962,193

$1,179,283

$1,189,646

6.0%

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

$535

$530

$586

$593

10.8%

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

225

258

137

265

17.8%

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

242

243

179

300

24.0%

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

783

883

656

810

3.4%

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

47

61

56

41

-13.6%

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

3.5

3.4

4.8

3.1

-12.2%

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

30.9%

27.5%

27.3%

37.0%

19.8%

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

$1,072,200

$1,192,524

$1,213,125

$1,177,380

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 APR

$1.121

MAY

$1,189,646

JUN JUL

MEDIAN SALES PRICE

AUG

$593

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.189 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


El Segundo DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$947,500

$1,280,000

$982,500

$960,250

1.3%

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

$495

$436

$627

$642

29.7%

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

8

7

4

8

0.0%

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

6

7

5

8

33.3%

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

21

14

13

19

-9.5%

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

37

41

54

15

-59.5%

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

2.6

2

3.2

2.4

-9.5%

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

28.6%

50.0%

38.5%

42.1%

47.4%

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

$863,000

$989,333

$901,500

$966,846

12.0%

*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

$947

MAY

$960,250

JUN JUL

MEDIAN SALES PRICE

AUG

$642

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$960 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


Hermosa Beach DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$2,149,500

$1,060,950

$1,725,000

$2,077,500

-3.3%

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

$981

$978

$768

$1,443

47.1%

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

10

6

9

16

60.0%

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

10

10

10

13

30.0%

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

43

38

22

42

-2.3%

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

58

58

40

32

-44.8%

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

4.3

6.3

2.4

2.6

-39.0%

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

23.3%

26.3%

45.5%

31.0%

33.1%

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

$1,296,000

$1,729,000

$1,833,333

$1,625,919

25.5%

*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

$2.149

MAY

$2,077,500

JUN JUL

MEDIAN SALES PRICE

AUG

$1,443

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.077 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


Manhattan Beach DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,837,500

$2,115,000

$1,700,000

$2,000,000

8.8%

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

$843

$822

$782

$933

10.7%

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

42

35

11

23

-45.2%

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

32

35

17

30

-6.2%

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

100

86

46

85

-15.0%

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

45

49

38

30

-33.3%

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

2.4

2.5

4.2

3.7

55.2%

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

32.0%

40.7%

37.0%

35.3%

10.3%

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

$1,819,000

$1,987,917

$2,117,500

$1,964,635

8.0%

*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

$1.837

MAY

$2,000,000

JUN JUL

MEDIAN SALES PRICE

AUG

$933

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.000 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 2015

telesproperties.com


Palos Verdes Estates DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,530,000

$1,160,875

$1,480,000

$1,870,000

22.2%

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

$600

$717

$1,143

$583

-2.8%

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

16

16

9

17

6.2%

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

12

16

16

18

50.0%

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

63

85

66

64

1.6%

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

70

116

92

50

-28.6%

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

3.9

5.3

7.3

3.8

-4.4%

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

19.0%

18.8%

24.2%

28.1%

47.7%

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

$1,585,000

$1,688,250

$1,813,333

$1,702,721

7.4%

*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

$1.530

MAY

$1,870,000

JUN JUL

MEDIAN SALES PRICE

AUG

$583

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.870 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


Rancho Palos Verdes DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,045,000

$1,120,000

$1,262,500

$1,142,500

9.3%

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

$523

$495

$497

$595

13.8%

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

24

34

20

36

50.0%

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

30

31

21

40

33.3%

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

112

137

104

144

28.6%

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

44

58

75

75

70.5%

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

4.7

4

5.2

4

-14.3%

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

26.8%

22.6%

20.2%

27.8%

3.7%

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

$1,140,000

$1,152,083

$1,125,833

$1,157,954

1.6%

*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

$1.045

MAY

$1,142,500

JUN JUL

MEDIAN SALES PRICE

AUG

$595

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.142 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


Redondo Beach- North DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$765,500

$765,000

$851,000

$920,000

20.2%

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

$545

$513

$530

$509

-6.6%

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

12

19

12

17

41.7%

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

17

12

11

21

23.5%

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

39

39

29

48

23.1%

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

50

72

41

23

-54.0%

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

3.2

2.1

2.4

2.8

-13.1%

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

43.6%

30.8%

37.9%

43.8%

0.4%

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

$735,000

$856,750

$905,000

$836,262

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

$765

MAY

$920,000

JUN JUL

MEDIAN SALES PRICE

AUG

$509

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$920 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


Redondo Beach- South DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,030,000

$1,100,000

$1,150,000

$1,142,500

10.9%

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

$566

$618

$692

$551

-2.7%

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

19

25

8

12

-36.8%

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

13

17

13

22

69.2%

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

45

62

38

46

2.2%

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

63

57

61

41

-34.9%

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

2.4

2.5

4.8

3.8

61.9%

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

28.9%

27.4%

34.2%

47.8%

65.6%

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

$974,000

$1,144,583

$1,143,167

$1,108,423

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

$1.030

MAY

$1,142,500

JUN JUL

MEDIAN SALES PRICE

AUG

$551

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.142 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


Rolling Hills DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$2,925,000

$0

$3,112,500

$2,600,000

-11.1%

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

$683

$0

$815

$736

7.8%

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

3

0

2

3

0.0%

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

1

2

4

5

400.0%

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

21

23

18

20

-4.8%

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

32

74

120

60

87.5%

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

7

0

9

6.7

-4.8%

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

4.8%

8.7%

22.2%

25.0%

425.0%

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

$2,956,000

$3,127,096

$3,219,333

$3,218,081

8.9%

*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

$2.925

MAY

$2,600,000

JUN JUL

MEDIAN SALES PRICE

AUG

$736

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.600 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 2015

telesproperties.com


Rolling Hills Estates DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,182,000

$1,302,500

$1,565,500

$1,335,000

12.9%

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

$480

$521

$633

$572

19.2%

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

6

8

4

8

33.3%

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

11

8

6

11

0.0%

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

26

29

14

22

-15.4%

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

40

60

65

47

17.5%

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

4.3

3.6

3.5

2.8

-36.5%

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

42.3%

27.6%

42.9%

50.0%

18.2%

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

$1,281,000

$1,479,964

$1,386,667

$1,403,887

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

$1.182

MAY

$1,335,000

JUN JUL

MEDIAN SALES PRICE

AUG

$572

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.335 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


San Pedro DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$490,000

$495,000

$554,500

$530,000

8.2%

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

$331

$313

$408

$358

8.2%

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

23

28

16

34

47.8%

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

31

34

27

41

32.3%

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

113

137

125

123

8.8%

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

74

48

62

50

-32.4%

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

4.9

4.9

7.8

3.6

-26.4%

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

27.4%

24.8%

21.6%

33.3%

21.5%

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

$497,000

$530,708

$513,500

$534,673

7.6%

*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

$490

MAY

$530,000

JUN JUL

MEDIAN SALES PRICE

AUG

$358

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.6 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 2015

telesproperties.com


Torrance- County Strip DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$401,000

$425,000

$473,750

$465,000

16.0%

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

$330

$353

$299

$314

-4.8%

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

7

6

4

7

0.0%

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

11

3

4

8

-27.3%

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

27

27

21

23

-14.8%

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

41

80

43

48

17.1%

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

3.9

4.5

5.2

3.3

-14.8%

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

40.7%

11.1%

19.0%

34.8%

-14.6%

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

$400,000

$439,958

$461,833

$438,788

9.7%

*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

$401

MAY

$465,000

JUN JUL

MEDIAN SALES PRICE

AUG

$314

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$465 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


Torrance- North DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$546,500

$590,000

$581,500

$600,000

9.8%

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

$387

$359

$390

$383

-1.0%

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

18

19

10

19

5.6%

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

18

18

15

21

16.7%

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

39

48

37

46

17.9%

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

37

51

39

24

-35.1%

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

2.2

2.5

3.7

2.4

11.7%

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

46.2%

37.5%

40.5%

45.7%

-1.1%

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

$530,000

$579,658

$587,983

$562,377

6.1%

*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

$546

MAY

$600,000

JUN JUL

MEDIAN SALES PRICE

AUG

$383

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$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 2015

telesproperties.com


Torrance- South DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$773,500

$775,000

$795,000

$851,944

10.1%

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

$430

$478

$435

$474

10.2%

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

15

21

17

18

20.0%

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

17

16

11

21

23.5%

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

44

54

36

49

11.4%

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

31

47

35

29

-6.5%

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

2.9

2.6

2.1

2.7

-7.2%

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

38.6%

29.6%

30.6%

42.9%

10.9%

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

$768,000

$816,407

$814,065

$803,534

4.6%

*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

$773

MAY

$851,944

JUN JUL

MEDIAN SALES PRICE

AUG

$474

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$851 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


Torrance- Southeast DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$497,500

$548,875

$675,000

$585,000

17.6%

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

$360

$384

$338

$357

-0.8%

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

14

18

3

17

21.4%

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

17

20

10

18

5.9%

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

52

68

56

46

-11.5%

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

53

61

59

56

5.7%

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

3.7

3.8

18.7

2.7

-27.1%

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

32.7%

29.4%

17.9%

39.1%

19.7%

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

$531,000

$604,992

$605,000

$592,025

11.5%

*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

$497

MAY

$585,000

JUN JUL

MEDIAN SALES PRICE

AUG

$357

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$585 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


Torrance- West DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$707,500

$732,500

$780,500

$765,000

8.1%

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

$472

$433

$431

$446

-5.5%

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

8

16

8

30

275.0%

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

16

14

9

23

43.8%

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

38

36

31

33

-13.2%

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

33

43

20

32

-3.0%

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

4.8

2.2

3.9

1.1

-76.8%

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

42.1%

38.9%

29.0%

69.7%

65.5%

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

$708,000

$761,167

$768,833

$744,577

5.2%

*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

$707

MAY

$765,000

JUN JUL

MEDIAN SALES PRICE

AUG

$446

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.1 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 2015

telesproperties.com


San Fernando Valley Macro Market DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$790,714

$747,357

$789,000

$831,571

5.2%

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

$384

$393

$420

$412

7.2%

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

448

451

274

477

6.5%

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

490

526

398

597

21.8%

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

996

1,155

892

934

-6.2%

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

58

69

68

58

0.9%

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

2.2

2.6

3.3

2

-11.9%

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

49.2%

45.5%

44.6%

63.9%

29.9%

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

$716,088

$778,226

$787,286

$777,487

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 APR

$790

MAY

$831,571

JUN JUL

MEDIAN SALES PRICE

AUG

$412

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$831 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


Burbank DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$610,000

$650,000

$650,000

$700,000

14.8%

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

$373

$447

$438

$429

15.0%

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

52

40

29

57

9.6%

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

49

51

34

64

30.6%

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

62

89

83

84

35.5%

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

46

48

50

64

39.1%

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

1.2

2.2

2.9

1.5

23.6%

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

79.0%

57.3%

41.0%

76.2%

-3.6%

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

$613,000

$658,667

$669,000

$654,077

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

$610

MAY

$700,000

JUN JUL

MEDIAN SALES PRICE

AUG

$429

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$700 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


Encino DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$985,000

$1,024,000

$1,001,000

$1,143,000

16.0%

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

$416

$466

$454

$440

5.8%

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

41

41

26

52

26.8%

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

51

56

40

59

15.7%

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

110

106

98

119

8.2%

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

44

57

66

51

15.9%

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

2.7

2.6

3.8

2.3

-14.7%

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

46.4%

52.8%

40.8%

49.6%

6.9%

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

$966,154

$1,073,667

$1,067,000

$1,060,077

9.7%

*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

$985

MAY

$1,143,000

JUN JUL

MEDIAN SALES PRICE

AUG

$440

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.3 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 2015

telesproperties.com


Glendale DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$708,000

$725,000

$701,000

$805,000

13.7%

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

$394

$414

$408

$414

5.1%

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

50

56

36

58

16.0%

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

58

73

48

65

12.1%

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

108

134

86

93

-13.9%

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

60

45

48

55

-8.3%

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

2.2

2.4

2.4

1.6

-25.8%

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

53.7%

54.5%

55.8%

69.9%

30.1%

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

$696,538

$754,667

$778,333

$747,538

7.3%

*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

$708

MAY

$805,000

JUN JUL

MEDIAN SALES PRICE

AUG

$414

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$805 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


La Crescenta DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$749,000

$680,000

$650,000

$864,000

15.4%

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

$399

$412

$412

$398

-0.3%

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

18

25

10

16

-11.1%

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

22

23

9

21

-4.5%

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

38

32

12

26

-31.6%

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

45

61

60

55

22.2%

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

2.1

1.3

1.2

1.6

-23.0%

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

57.9%

71.9%

75.0%

80.8%

39.5%

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

$668,769

$728,500

$753,333

$727,231

8.7%

*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

$749

MAY

$864,000

JUN JUL

MEDIAN SALES PRICE

AUG

$398

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$864 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


North Hollywood DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$448,000

$450,000

$440,000

$455,000

1.6%

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

$337

$316

$338

$332

-1.5%

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

42

27

33

39

-7.1%

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

49

45

41

68

38.8%

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

69

85

59

62

-10.1%

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

61

62

70

57

-6.6%

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

1.6

3.1

1.8

1.6

-3.2%

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

71.0%

52.9%

69.5%

109.7%

54.4%

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

$409,462

$448,500

$448,667

$448,154

9.4%

*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

$448

MAY

$455,000

JUN JUL

MEDIAN SALES PRICE

AUG

$332

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$455 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


Shadow Hills DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$813,000

$595,000

$0

$800,000

-1.6%

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

$267

$293

$0

$304

13.9%

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

2

2

0

8

300.0%

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

2

3

0

5

150.0%

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

10

15

11

11

10.0%

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

51

165

0

70

37.3%

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

5

7.5

0

1.4

-72.5%

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

20.0%

20.0%

0.0%

45.5%

127.3%

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

$735,308

$870,400

$777,667

$775,667

5.5%

*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

$813

MAY

$800,000

JUN JUL

MEDIAN SALES PRICE

AUG

$304

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$800 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


Sherman Oaks DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$938,000

$833,000

$927,000

$1,051,000

12.0%

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

$449

$443

$440

$473

5.3%

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

59

62

34

60

1.7%

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

72

68

39

69

-4.2%

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

125

148

115

127

1.6%

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

57

49

64

51

-10.5%

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

2.1

2.4

3.4

2.1

-0.1%

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

57.6%

45.9%

33.9%

54.3%

-5.7%

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

$841,308

$931,167

$970,000

$919,615

9.3%

*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

$938

MAY

$1,051,000

JUN JUL

MEDIAN SALES PRICE

AUG

$473

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.051 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


Studio City DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,270,000

$1,160,000

$1,275,000

$1,183,000

-6.9%

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

$527

$512

$532

$557

5.7%

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

24

39

12

36

50.0%

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

32

33

27

36

12.5%

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

91

74

57

68

-25.3%

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

60

84

65

49

-18.3%

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

3.8

1.9

4.8

1.9

-50.2%

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

35.2%

44.6%

47.4%

52.9%

50.6%

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

$1,050,154

$1,155,667

$1,187,000

$1,171,462

11.6%

*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

$1.270

MAY

$1,183,000

JUN JUL

MEDIAN SALES PRICE

AUG

$557

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.183 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


Sun Valley DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$379,000

$380,000

$425,000

$434,000

14.5%

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

$285

$324

$322

$333

16.8%

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

19

19

15

22

15.8%

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

19

22

21

24

26.3%

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

34

44

44

28

-17.6%

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

74

57

70

74

0.0%

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

1.8

2.3

2.9

1.3

-28.9%

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

55.9%

50.0%

47.7%

85.7%

53.4%

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

$410,615

$422,667

$419,333

$403,769

-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

$379

MAY

$434,000

JUN JUL

MEDIAN SALES PRICE

AUG

$333

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$434 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


Sunland/Tujunga DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$467,000

$485,000

$515,000

$475,000

1.7%

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

$308

$310

$335

$314

1.9%

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

32

39

19

29

-9.4%

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

37

46

29

39

5.4%

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

78

77

64

54

-30.8%

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

46

55

69

58

26.1%

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

2.4

2

3.4

1.9

-23.6%

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

47.4%

59.7%

45.3%

72.2%

52.3%

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

$414,923

$477,833

$463,333

$472,769

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

$467

MAY

$475,000

JUN JUL

MEDIAN SALES PRICE

AUG

$314

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$475 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


Tarzana DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,046,000

$890,000

$915,000

$1,053,000

0.7%

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

$328

$361

$399

$387

18.0%

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

30

22

19

22

-26.7%

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

19

26

20

28

47.4%

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

75

103

70

73

-2.7%

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

77

73

75

67

-13.0%

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

2.5

4.7

3.7

3.3

32.7%

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

25.3%

25.2%

28.6%

38.4%

51.4%

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

$808,769

$890,000

$918,333

$900,615

11.4%

*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

$1.046

MAY

$1,053,000

JUN JUL

MEDIAN SALES PRICE

AUG

$387

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.053 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


Toluca Lake DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,272,000

$995,000

$1,275,000

$1,092,000

-14.2%

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

$579

$457

$684

$528

-8.8%

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

8

7

3

7

-12.5%

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

3

9

6

10

233.3%

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

9

20

17

22

144.4%

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

69

85

113

54

-21.7%

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

1.1

2.9

5.7

3.1

179.4%

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

33.3%

45.0%

35.3%

45.5%

36.4%

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

$1,019,846

$1,009,333

$1,049,000

$1,119,385

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 APR

$1.272

MAY

$1,092,000

JUN JUL

MEDIAN SALES PRICE

AUG

$528

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.092 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


Valley Village DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$675,000

$935,000

$778,000

$865,000

28.1%

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

$400

$424

$406

$505

26.2%

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

10

10

10

15

50.0%

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

10

18

16

17

70.0%

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

27

28

10

17

-37.0%

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

57

70

39

45

-21.1%

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

2.7

2.8

1

1.1

-58.0%

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

37.0%

64.3%

160.0%

100.0%

170.0%

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

$734,077

$779,833

$818,667

$784,692

6.9%

*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

$675

MAY

$865,000

JUN JUL

MEDIAN SALES PRICE

AUG

$505

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$865 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


Woodland Hills DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$710,000

$661,000

$705,000

$722,000

1.7%

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

$312

$325

$290

$347

11.2%

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

61

62

28

56

-8.2%

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

67

53

68

92

37.3%

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

160

200

166

150

-6.2%

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

63

49

95

67

6.3%

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

2.6

3.2

5.9

2.7

2.1%

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

41.9%

26.5%

41.0%

61.3%

46.5%

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

$656,308

$707,833

$702,333

$699,769

6.6%

*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

$710

MAY

$722,000

JUN JUL

MEDIAN SALES PRICE

AUG

$347

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$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 2015

telesproperties.com


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

telesproperties.com


Altadena DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$550,000

$670,000

$615,000

$605,000

10.0%

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

$380

$443

$400

$411

8.2%

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

33

39

35

42

27.3%

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

37

39

26

45

21.6%

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

42

85

45

55

31.0%

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

48

51

59

52

8.3%

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

1.3

2.2

1.3

1.3

2.9%

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

88.1%

45.9%

57.8%

81.8%

-7.1%

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

$575,923

$620,833

$640,667

$618,077

7.3%

*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

$550

MAY

$605,000

JUN JUL

MEDIAN SALES PRICE

AUG

$411

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$605 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


Arcadia DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,484,000

$1,470,000

$1,330,000

$1,199,000

-19.2%

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

$546

$601

$561

$580

6.2%

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

36

48

31

43

19.4%

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

33

42

34

45

36.4%

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

105

182

169

211

101.0%

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

41

56

64

73

78.0%

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

2.9

3.8

5.5

4.9

68.2%

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

31.4%

23.1%

20.1%

21.3%

-32.1%

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

$1,350,769

$1,322,000

$1,264,000

$1,339,769

-0.8%

*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 $1.484

APR MAY

$1,199,000

JUN JUL

MEDIAN SALES PRICE

AUG

$580

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.199 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


Duarte DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$374,000

$479,000

$440,000

$450,000

20.3%

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

$301

$333

$356

$320

6.3%

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

14

12

9

7

-50.0%

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

19

13

17

20

5.3%

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

19

32

23

21

10.5%

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

39

46

73

67

71.8%

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

1.4

2.7

2.6

3

121.1%

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

100.0%

40.6%

73.9%

95.2%

-4.8%

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

$392,923

$451,833

$459,333

$438,077

11.5%

*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

$374

MAY

$450,000

JUN JUL

MEDIAN SALES PRICE

AUG

$320

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3 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 2015

telesproperties.com


Eagle Rock DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$690,000

$620,000

$605,000

$740,000

7.2%

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

$427

$445

$457

$490

14.8%

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

19

29

5

15

-21.1%

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

17

22

8

12

-29.4%

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

25

24

25

24

-4.0%

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

54

36

74

41

-24.1%

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

1.3

0.8

5

1.6

21.6%

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

68.0%

91.7%

32.0%

50.0%

-26.5%

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

$579,231

$703,500

$703,667

$689,000

19.0%

*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

$690

MAY

$740,000

JUN JUL

MEDIAN SALES PRICE

AUG

$490

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 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 2015

telesproperties.com


La Canada Flintridge DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,240,000

$1,694,000

$1,490,000

$1,769,000

42.7%

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

$541

$591

$555

$663

22.6%

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

23

18

9

24

4.3%

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

27

25

13

32

18.5%

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

46

39

32

63

37.0%

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

40

78

100

31

-22.5%

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

2

2.2

3.6

2.6

31.2%

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

58.7%

64.1%

40.6%

50.8%

-13.5%

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

$1,294,692

$1,588,000

$1,774,667

$1,459,692

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

$1.240

MAY

$1,769,000

JUN JUL

MEDIAN SALES PRICE

AUG

$663

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.769 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


Monrovia DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$595,000

$578,000

$534,000

$645,000

8.4%

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

$373

$396

$391

$386

3.5%

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

29

28

22

22

-24.1%

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

30

20

18

29

-3.3%

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

61

64

52

59

-3.3%

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

33

56

66

47

42.4%

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

2.1

2.3

2.4

2.7

27.5%

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

49.2%

31.2%

34.6%

49.2%

-0.1%

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

$535,077

$581,833

$584,333

$600,308

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

$595

MAY

$645,000

JUN JUL

MEDIAN SALES PRICE

AUG

$386

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 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 2015

telesproperties.com


Pasadena DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$778,000

$740,000

$700,000

$800,000

2.8%

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

$489

$474

$497

$505

3.3%

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

78

61

58

96

23.1%

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

79

83

66

104

31.6%

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

179

202

157

160

-10.6%

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

33

44

69

49

48.5%

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

2.3

3.3

2.7

1.7

-27.4%

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

44.1%

41.1%

42.0%

65.0%

47.3%

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

$695,462

$752,833

$775,667

$764,846

10.0%

*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

$778

MAY

$800,000

JUN JUL

MEDIAN SALES PRICE

AUG

$505

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$800 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


San Gabriel DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$613,000

$697,000

$828,000

$718,000

17.1%

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

$431

$422

$420

$430

-0.2%

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

20

24

13

20

0.0%

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

11

29

17

27

145.5%

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

56

57

47

55

-1.8%

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

35

61

66

44

25.7%

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

2.8

2.4

3.6

2.8

-1.8%

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

19.6%

50.9%

36.2%

49.1%

149.9%

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

$622,000

$702,000

$671,333

$695,769

11.9%

*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

$613

MAY

$718,000

JUN JUL

MEDIAN SALES PRICE

AUG

$430

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$718 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


San Marino DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$2,118,000

$1,894,000

$1,875,000

$2,550,000

20.4%

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

$858

$833

$856

$890

3.7%

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

13

10

4

8

-38.5%

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

15

10

10

12

-20.0%

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

11

21

21

34

209.1%

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

19

38

26

41

115.8%

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

0.8

2.1

5.2

4.2

402.3%

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

136.4%

47.6%

47.6%

35.3%

-74.1%

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

$1,983,000

$2,302,500

$2,385,000

$2,194,000

10.6%

*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

$2.118

MAY

$2,550,000

JUN JUL

MEDIAN SALES PRICE

AUG

$890

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.550 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 2015

telesproperties.com


Sierra Madre DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$802,000

$906,000

$938,000

$1,013,000

26.3%

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

$422

$464

$482

$461

9.2%

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

6

11

13

10

66.7%

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

14

11

7

13

-7.1%

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

23

23

17

27

17.4%

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

37

35

44

92

148.6%

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

3.8

2.1

1.3

2.7

-29.6%

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

60.9%

47.8%

41.2%

48.1%

-20.9%

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

$857,923

$939,000

$974,333

$885,538

3.2%

*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

$802

MAY

$1,013,000

JUN JUL

MEDIAN SALES PRICE

AUG

$461

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.013 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


South Pasadena DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,171,000

$1,032,000

$1,140,000

$1,269,000

8.4%

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

$586

$585

$520

$561

-4.3%

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

16

18

4

10

-37.5%

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

11

9

8

12

9.1%

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

18

21

11

16

-11.1%

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

47

51

97

53

12.8%

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

1.1

1.2

2.8

1.6

42.2%

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

61.1%

42.9%

72.7%

75.0%

22.7%

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

$962,692

$1,175,333

$1,049,667

$1,126,231

17.0%

*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

$1.171

MAY

$1,269,000

JUN JUL

MEDIAN SALES PRICE

AUG

$561

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.269 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


Orange County

Orange County Macro

Ladera Ranch

San Juan Capistrano

Aliso Viejo

Laguna Beach

Shady Canyon

Balboa Peninsula

Laguna Hills

Turtle Ridge

Corona del Mar - Spyglass

Laguna Niguel

Turtle Rock

Coto de Caza

Laguna Woods

West Bay - Santa Ana Heights

Crystal Cove

Lower Newport Bay - Balboa Island

West Newport - Lido

Dana Point

Mission Viejo

Westminster

East Bluff - Harbor View

Newport Beach

East Costa Mesa

Newport Coast

Fountain Valley

Newport Heights

Huntington Beach

Rancho Santa Margarita

Irvine

San Clemente

Micro Market Report : April 2015

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : April 2015

telesproperties.com


Orange County DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$675,000

$680,000

$650,000

$695,000

3.0%

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

$413

$404

$400

$409

-1.0%

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

1573

1485

994

1875

19.2%

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

1714

1564

1426

1970

14.9%

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

6,863

7,292

5,684

6,709

-2.2%

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

63

64

67

50

-20.6%

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

4.4

4.9

5.7

3.6

-18.0%

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

25.0%

21.4%

25.1%

29.4%

17.6%

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

$647,000

$671,699

$678,000

$675,472

4.4%

*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

$675

MAY

$695,000

JUN JUL

MEDIAN SALES PRICE

AUG

$409

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$695 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


Aliso Viejo DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$713,500

$725,000

$655,000

$765,000

7.2%

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

$359

$362

$351

$352

-1.9%

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

24

21

9

21

-12.5%

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

24

19

20

27

12.5%

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

80

76

54

71

-11.2%

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

53

44

93

40

-24.5%

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

3.3

3.6

6

3.4

1.4%

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

30.0%

25.0%

37.0%

38.0%

26.8%

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

$693,000

$708,833

$731,667

$721,692

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

$713

MAY

$765,000

JUN JUL

MEDIAN SALES PRICE

AUG

$352

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 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 2015

telesproperties.com


Balboa Peninsula DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$3,400,000

$5,875,000

$1,910,000

$1,829,000

-46.2%

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

$1,187

$1,497

$1,184

$862

-27.4%

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

5

4

4

3

-40.0%

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

7

9

5

7

0.0%

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

41

41

30

41

0.0%

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

68

112

183

58

-14.7%

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

8.2

10.2

7.5

13.7

66.7%

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

17.1%

22.0%

16.7%

17.1%

0.0%

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

$2,746,000

$2,528,167

$2,991,333

$2,879,731

4.9%

*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 $3.400

APR MAY

$1,829,000

JUN JUL

MEDIAN SALES PRICE

AUG

$862

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

13.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.829 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


Corona del Mar - Spyglass DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$2,907,500

$1,827,500

$2,012,500

$2,500,000

-14.0%

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

$1,066

$786

$941

$1,025

-3.8%

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

12

8

6

7

-41.7%

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

13

10

5

15

15.4%

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

62

82

66

95

53.2%

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

76

53

92

84

10.5%

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

5.2

10.2

11

13.6

162.7%

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

21.0%

12.2%

7.6%

15.8%

-24.7%

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

$2,525,000

$2,234,466

$2,178,098

$2,162,946

-14.3%

*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

$2.907

MAY

$2,500,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,025

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

13.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.500 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


Coto de Caza DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,274,500

$1,022,500

$1,461,000

$1,000,050

-21.5%

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

$313

$325

$373

$331

5.8%

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

18

30

15

33

83.3%

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

28

14

18

24

-14.3%

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

128

132

100

124

-3.1%

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

99

94

90

46

-53.5%

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

7.1

4.4

6.7

3.8

-47.2%

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

21.9%

10.6%

18.0%

19.4%

-11.5%

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

$1,094,000

$1,247,508

$1,084,683

$1,189,927

8.8%

*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

$1.274

MAY

$1,000,050

JUN JUL

MEDIAN SALES PRICE

AUG

$331

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.8 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 2015

telesproperties.com


Crystal Cove DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$4,400,000

$5,999,500

$0

$11,617,444

164.0%

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

$1,207

$1,049

$0

$1,341

11.1%

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

3

2

0

2

-33.3%

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

2

4

1

4

100.0%

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

22

23

17

25

13.6%

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

138

45

50

57

-58.7%

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

7.3

11.5

0

12.5

70.5%

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

9.1%

17.4%

5.9%

16.0%

76.0%

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

$4,555,000

$6,249,361

$7,773,722

$5,724,631

25.7%

*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

$4.400

MAY

$11,617,444

JUN JUL

MEDIAN SALES PRICE

AUG

$1,341

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

12.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$11.617 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


Dana Point DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$980,000

$948,750

$1,083,000

$1,029,500

5.1%

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

$527

$572

$558

$592

12.3%

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

31

34

12

34

9.7%

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

27

23

26

41

51.9%

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

184

172

153

186

1.1%

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

63

66

61

90

42.9%

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

5.9

5.1

12.8

5.5

-7.8%

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

14.7%

13.4%

17.0%

22.0%

50.2%

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

$915,000

$1,042,398

$1,093,817

$962,022

5.1%

*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

$980

MAY

$1,029,500

JUN JUL

MEDIAN SALES PRICE

AUG

$592

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.029 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


East Bluff - Harbor View DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,652,000

$2,030,000

$1,814,000

$1,870,938

13.3%

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

$693

$654

$725

$699

0.9%

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

18

15

13

26

44.4%

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

16

19

18

21

31.2%

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

99

108

88

102

3.0%

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

35

83

59

75

114.3%

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

5.5

7.2

6.8

3.9

-28.7%

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

16.2%

17.6%

20.5%

20.6%

27.4%

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

$1,721,000

$1,722,073

$1,720,313

$1,728,457

0.4%

*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

$1.652

MAY

$1,870,938

JUN JUL

MEDIAN SALES PRICE

AUG

$699

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.870 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


East Costa Mesa DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$809,500

$850,000

$1,055,000

$1,032,500

27.5%

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

$488

$484

$517

$518

6.1%

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

22

14

7

24

9.1%

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

22

23

24

23

4.5%

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

67

77

53

58

-13.4%

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

58

77

63

50

-13.8%

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

3

5.5

7.6

2.4

-20.6%

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

32.8%

29.9%

45.3%

39.7%

20.8%

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

$856,000

$970,913

$976,827

$917,706

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

$809

MAY

$1,032,500

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

$1.032 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


Fountain Valley DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$685,100

$698,500

$667,500

$752,000

9.8%

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

$325

$325

$346

$341

4.9%

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

21

32

16

29

38.1%

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

26

21

20

20

-23.1%

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

69

58

52

70

1.4%

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

30

45

35

30

0.0%

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

3.3

1.8

3.2

2.4

-26.5%

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

37.7%

36.2%

38.5%

28.6%

-24.2%

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

$653,000

$690,333

$704,833

$686,269

5.1%

*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

$685

MAY

$752,000

JUN JUL

MEDIAN SALES PRICE

AUG

$341

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$752 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


Huntington Beach DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$740,350

$790,000

$755,000

$746,500

0.8%

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

$412

$437

$413

$455

10.4%

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

122

94

64

112

-8.2%

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

124

95

90

135

8.9%

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

417

382

293

394

-5.5%

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

47

57

65

47

0.0%

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

3.4

4.1

4.6

3.5

2.9%

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

29.7%

24.9%

30.7%

34.3%

15.2%

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

$720,000

$768,583

$777,333

$756,488

5.1%

*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

$740

MAY

$746,500

JUN JUL

MEDIAN SALES PRICE

AUG

$455

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$746 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


Irvine DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$900,000

$915,673

$935,694

$983,500

9.3%

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

$463

$470

$442

$460

-0.6%

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

91

94

64

113

24.2%

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

99

96

81

97

-2.0%

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

386

413

284

394

2.1%

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

46

80

78

49

6.5%

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

4.2

4.4

4.4

3.5

-17.8%

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

25.6%

23.2%

28.5%

24.6%

-4.0%

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

$895,000

$939,024

$939,483

$924,124

3.3%

*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

$900

MAY

$983,500

JUN JUL

MEDIAN SALES PRICE

AUG

$460

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$983 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


Ladera Ranch DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$721,000

$850,000

$810,000

$917,000

27.2%

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

$316

$314

$331

$337

6.6%

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

20

19

13

29

45.0%

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

34

17

28

25

-26.5%

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

142

127

105

135

-4.9%

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

53

92

65

56

5.7%

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

7.1

6.7

8.1

4.7

-34.4%

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

23.9%

13.4%

26.7%

18.5%

-22.7%

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

$840,000

$820,275

$884,000

$845,532

0.7%

*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

$721

MAY

$917,000

JUN JUL

MEDIAN SALES PRICE

AUG

$337

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$917 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


Laguna Beach DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$1,792,000

$1,820,000

$1,862,000

$1,608,750

-10.2%

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

$1,146

$1,187

$1,062

$977

-14.7%

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

42

33

21

35

-16.7%

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

38

31

23

36

-5.3%

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

257

261

200

254

-1.2%

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

124

84

77

84

-32.3%

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

6.1

7.9

9.5

7.3

18.6%

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

14.8%

11.9%

11.5%

14.2%

-4.1%

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

$1,790,000

$1,774,292

$1,769,583

$1,864,827

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

$1.792

MAY

$1,608,750

JUN JUL

MEDIAN SALES PRICE

AUG

$977

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.608 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


Laguna Niguel DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$756,500

$788,500

$783,500

$840,000

11.0%

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

$386

$396

$380

$405

4.9%

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

56

48

46

73

30.4%

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

66

54

49

77

16.7%

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

290

316

234

287

-1.0%

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

60

84

87

64

6.7%

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

5.2

6.6

5.1

3.9

-24.1%

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

22.8%

17.1%

20.9%

26.8%

17.9%

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

$785,000

$822,667

$830,000

$813,188

3.6%

*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

$756

MAY

$840,000

JUN JUL

MEDIAN SALES PRICE

AUG

$405

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$840 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


Laguna Hills DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$629,900

$630,000

$725,000

$825,000

31.0%

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

$330

$345

$311

$397

20.3%

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

19

17

17

21

10.5%

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

24

21

21

19

-20.8%

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

109

103

64

98

-10.1%

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

28

62

74

46

64.3%

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

5.7

6.1

3.8

4.7

-18.7%

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

22.0%

20.4%

32.8%

19.4%

-11.9%

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

$707,000

$751,625

$738,000

$746,704

5.6%

*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

$629

MAY

$825,000

JUN JUL

MEDIAN SALES PRICE

AUG

$397

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$825 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


Laguna Woods DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$0

$0

$0

$0

0%

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

$0

$0

$0

$0

0%

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

0

0

0

0

0%

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

0

0

0

0

0%

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

0

0

0

0

0%

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

0

0

0

0

0%

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

0

0

0

0

0%

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

0%

0%

0%

0%

0%

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

$633,000

$0

$0

$0

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 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 2015

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

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

$3,600,000

$4,650,000

$4,850,000

$2,900,000

-19.4%

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

$1,045

$1,352

$1,077

$1,123

7.5%

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

3

4

1

5

66.7%

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

8

3

5

9

12.5%

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

50

37

30

37

-26.0%

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

8

171

141

75

837.5%

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

16.7

9.2

30

7.4

-55.6%

Percent Under Contract ........................................

16.0%

8.1%

16.7%

24.3%

52.0%

Average Median Price for Last 12 Months ........

$2,840,000

$2,855,231

$2,747,962

$3,106,460

9.4%

*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

$3.600

MAY

$2,900,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,123

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.900 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 2015

telesproperties.com


Mission Viejo DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$655,000

$649,900

$642,000

$630,000

-3.8%

Average Price per Square Foot ...........................

$333

$321

$320

$334

0.3%

Properties Sold .......................................................

75

59

51

107

42.7%

Properties Pending Sale .......................................

90

73

61

125

38.9%

Properties For Sale ................................................

281

325

220

303

7.8%

Days on Market (Pending Sale) ...........................

44

61

64

44

0.0%

Month’s Supply of Inventory ................................

3.7

5.5

4.3

2.8

-24.4%

Percent Under Contract ........................................

32.0%

22.5%

27.7%

41.3%

28.8%

Average Median Price for Last 12 Months ........

$623,000

$638,333

$650,167

$639,723

2.7%

*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

$655

MAY

$630,000

JUN JUL

MEDIAN SALES PRICE

AUG

$334

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$630 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


Newport Beach DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$1,887,000

$2,055,000

$1,749,000

$1,867,500

-1.0%

Average Price per Square Foot ...........................

$824

$795

$795

$755

-8.4%

Properties Sold .......................................................

54

39

33

62

14.8%

Properties Pending Sale .......................................

65

51

54

68

4.6%

Properties For Sale ................................................

343

337

280

338

-1.5%

Days on Market (Pending Sale) ...........................

72

86

86

62

-13.9%

Month’s Supply of Inventory ................................

6.4

8.6

8.5

5.5

-14.2%

Percent Under Contract ........................................

19.0%

15.1%

19.3%

20.1%

6.2%

Average Median Price for Last 12 Months ........

$1,772,000

$1,739,052

$1,765,104

$1,810,101

2.2%

*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

$1.887

MAY

$1,867,500

JUN JUL

MEDIAN SALES PRICE

AUG

$755

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.867 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


Newport Coast DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$3,850,000

$2,500,000

$3,500,000

$2,802,500

-27.2%

Average Price per Square Foot ...........................

$908

$873

$762

$930

2.4%

Properties Sold .......................................................

11

9

7

14

27.3%

Properties Pending Sale .......................................

9

13

9

14

55.6%

Properties For Sale ................................................

96

92

75

87

-9.4%

Days on Market (Pending Sale) ...........................

67

99

185

37

-44.8%

Month’s Supply of Inventory ................................

8.7

10.2

10.7

6.2

-28.8%

Percent Under Contract ........................................

9.4%

14.1%

12.0%

16.1%

71.6%

Average Median Price for Last 12 Months ........

$2,886,000

$3,266,988

$2,903,333

$3,222,967

11.7%

*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 $3.850

APR MAY

$2,802,500

JUN JUL

MEDIAN SALES PRICE

AUG

$930

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.802 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 2015

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Newport Heights DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$2,100,000

$2,130,638

$1,077,000

$2,430,000

15.7%

Average Price per Square Foot ...........................

$791

$597

$582

$655

-17.2%

Properties Sold .......................................................

11

4

6

7

-36.4%

Properties Pending Sale .......................................

11

7

5

5

-54.5%

Properties For Sale ................................................

30

39

28

32

6.7%

Days on Market (Pending Sale) ...........................

53

72

92

36

-32.1%

Month’s Supply of Inventory ................................

2.7

9.8

4.7

4.6

67.6%

Percent Under Contract ........................................

36.7%

17.9%

17.9%

15.6%

-57.4%

Average Median Price for Last 12 Months ........

$1,612,000

$1,549,083

$1,751,667

$1,851,150

14.8%

*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

$2.100

MAY

$2,430,000

JUN JUL

MEDIAN SALES PRICE

AUG

$655

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.430 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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Rancho Santa Margarita DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$660,000

$660,000

$684,500

$680,000

3.0%

Average Price per Square Foot ...........................

$311

$312

$302

$328

5.5%

Properties Sold .......................................................

37

31

26

58

56.8%

Properties Pending Sale .......................................

36

43

39

61

69.4%

Properties For Sale ................................................

137

189

131

160

16.8%

Days on Market (Pending Sale) ...........................

62

74

72

45

-27.4%

Month’s Supply of Inventory ................................

3.7

6.1

5

2.8

-25.5%

Percent Under Contract ........................................

26.3%

22.8%

29.8%

38.1%

45.1%

Average Median Price for Last 12 Months ........

$638,000

$650,783

$649,417

$652,545

2.3%

*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

$660

MAY

$680,000

JUN JUL

MEDIAN SALES PRICE

AUG

$328

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$680 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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San Clemente DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$817,000

$853,000

$845,000

$855,000

4.7%

Average Price per Square Foot ...........................

$397

$371

$385

$410

3.3%

Properties Sold .......................................................

63

63

42

82

30.2%

Properties Pending Sale .......................................

62

61

60

77

24.2%

Properties For Sale ................................................

283

327

241

279

-1.4%

Days on Market (Pending Sale) ...........................

62

77

75

63

1.6%

Month’s Supply of Inventory ................................

4.5

5.2

5.7

3.4

-24.3%

Percent Under Contract ........................................

21.9%

18.7%

24.9%

27.6%

26.0%

Average Median Price for Last 12 Months ........

$819,000

$844,917

$844,000

$839,000

2.4%

*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

$817

MAY

$855,000

JUN JUL

MEDIAN SALES PRICE

AUG

$410

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$855 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


San Juan Capistrano DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$530,000

$720,000

$637,500

$698,750

31.8%

Average Price per Square Foot ...........................

$345

$356

$371

$333

-3.5%

Properties Sold .......................................................

23

21

10

34

47.8%

Properties Pending Sale .......................................

35

25

24

31

-11.4%

Properties For Sale ................................................

136

159

128

143

5.1%

Days on Market (Pending Sale) ...........................

91

107

92

86

-5.5%

Month’s Supply of Inventory ................................

5.9

7.6

12.8

4.2

-28.9%

Percent Under Contract ........................................

25.7%

15.7%

18.8%

21.7%

-15.8%

Average Median Price for Last 12 Months ........

$839,000

$775,292

$729,583

$749,318

-10.7%

*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

$530

MAY

$698,750

JUN JUL

MEDIAN SALES PRICE

AUG

$333

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$698 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


Shady Canyon DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$3,850,000

$3,650,000

$0

$0

-100.0%

Average Price per Square Foot ...........................

$802

$757

$0

$0

-100.0%

Properties Sold .......................................................

1

1

0

0

-100.0%

Properties Pending Sale .......................................

0

0

0

0

0%

Properties For Sale ................................................

4

3

2

1

-75.0%

Days on Market (Pending Sale) ...........................

0

0

0

0

0%

Month’s Supply of Inventory ................................

4

3

0

0

0%

Percent Under Contract ........................................

0.0%

0.0%

0.0%

0.0%

0%

Average Median Price for Last 12 Months ........

$5,518,000

$5,800,000

$5,800,000

$4,337,500

-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 APR

$3.850

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 2015

telesproperties.com


Turtle Ridge DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$2,693,400

$2,239,000

$2,230,000

$1,817,500

-32.5%

Average Price per Square Foot ...........................

$707

$657

$660

$599

-15.3%

Properties Sold .......................................................

2

3

4

4

100.0%

Properties Pending Sale .......................................

2

2

4

2

0.0%

Properties For Sale ................................................

32

30

20

25

-21.9%

Days on Market (Pending Sale) ...........................

36

40

144

39

8.3%

Month’s Supply of Inventory ................................

16

10

5

6.2

-60.9%

Percent Under Contract ........................................

6.2%

6.7%

20.0%

8.0%

28.0%

Average Median Price for Last 12 Months ........

$2,331,000

$2,311,907

$2,457,333

$2,433,988

4.4%

*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 $2.693

APR MAY

$1,817,500

JUN JUL

MEDIAN SALES PRICE

AUG

$599

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.817 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 2015

telesproperties.com


Turtle Rock DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$0

$1,200,000

$0

$1,075,000

0%

Average Price per Square Foot ...........................

$0

$590

$0

$652

0%

Properties Sold .......................................................

0

1

0

1

0%

Properties Pending Sale .......................................

0

2

2

3

0%

Properties For Sale ................................................

4

8

7

11

175.0%

Days on Market (Pending Sale) ...........................

0

40

44

123

0%

Month’s Supply of Inventory ................................

0

8

0

11

0%

Percent Under Contract ........................................

0.0%

25.0%

28.6%

27.3%

0%

Average Median Price for Last 12 Months ........

$1,670,000

$1,262,850

$1,329,750

$1,252,375

-25.0%

*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 MAY

$1,075,000

JUN JUL

MEDIAN SALES PRICE

AUG

$652

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

11 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 2015

telesproperties.com


Westminster DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$547,500

$543,000

$536,000

$535,000

-2.3%

Average Price per Square Foot ...........................

$275

$327

$321

$335

21.8%

Properties Sold .......................................................

38

29

24

33

-13.2%

Properties Pending Sale .......................................

28

36

30

40

42.9%

Properties For Sale ................................................

120

115

98

107

-10.8%

Days on Market (Pending Sale) ...........................

40

40

43

38

-5.0%

Month’s Supply of Inventory ................................

3.2

4

4.1

3.2

2.7%

Percent Under Contract ........................................

23.3%

31.3%

30.6%

37.4%

60.2%

Average Median Price for Last 12 Months ........

$507,000

$542,300

$539,967

$537,788

6.1%

*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

$547

MAY

$535,000

JUN JUL

MEDIAN SALES PRICE

AUG

$335

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$535 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


West Bay - Santa Ana Heights DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$1,350,000

$1,487,500

$1,499,500

$1,466,000

8.6%

Average Price per Square Foot ...........................

$587

$564

$667

$528

-10.1%

Properties Sold .......................................................

11

12

4

13

18.2%

Properties Pending Sale .......................................

9

10

8

14

55.6%

Properties For Sale ................................................

60

63

64

70

16.7%

Days on Market (Pending Sale) ...........................

68

45

94

56

-17.6%

Month’s Supply of Inventory ................................

5.5

5.2

16

5.4

-1.3%

Percent Under Contract ........................................

15.0%

15.9%

12.5%

20.0%

33.3%

Average Median Price for Last 12 Months ........

$1,470,000

$1,515,477

$1,593,354

$1,488,355

1.2%

*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

$1,466,000

JUN JUL

MEDIAN SALES PRICE

AUG

$528

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.466 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


West Newport - Lido DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$2,447,500

$0

$2,300,000

$2,520,000

3.0%

Average Price per Square Foot ...........................

$1,250

$0

$962

$1,431

14.5%

Properties Sold .......................................................

6

0

5

7

16.7%

Properties Pending Sale .......................................

14

3

12

11

-21.4%

Properties For Sale ................................................

63

46

43

54

-14.3%

Days on Market (Pending Sale) ...........................

84

117

66

53

-36.9%

Month’s Supply of Inventory ................................

10.5

0

8.6

7.7

-26.5%

Percent Under Contract ........................................

22.2%

6.5%

27.9%

20.4%

-8.3%

Average Median Price for Last 12 Months ........

$2,006,000

$2,101,833

$2,036,667

$2,145,292

6.9%

*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

$2.447

MAY

$2,520,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,431

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.520 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


Santa Barbara County

Carpinteria

Santa Barbara East of State

Goleta

Santa Barbara West of State

Hope Ranch

Santa Ynez

Montecito

Micro Market Report : April 2015

telesproperties.com


County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : April 2015

telesproperties.com


Carpinteria DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$845,000

$872,500

$1,042,500

$770,250

-8.8%

Average Price per Square Foot ...........................

$1,283

$540

$1,824

$658

-48.7%

Properties Sold .......................................................

5

8

6

7

40.0%

Properties Pending Sale .......................................

4

12

7

11

175.0%

Properties For Sale ................................................

33

45

38

40

21.2%

Days on Market (Pending Sale) ...........................

85

22

75

26

-69.4%

Month’s Supply of Inventory ................................

6.6

5.6

6.3

5.7

-13.4%

Percent Under Contract ........................................

12.1%

26.7%

18.4%

27.5%

126.9%

Average Median Price for Last 12 Months ........

$1,093,000

$870,292

$820,083

$1,165,538

6.6%

*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

$845

MAY

$770,250

JUN JUL

MEDIAN SALES PRICE

AUG

$658

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$770 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


Goleta DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$765,000

$739,500

$680,000

$811,500

6.1%

Average Price per Square Foot ...........................

$487

$441

$499

$417

-14.4%

Properties Sold .......................................................

13

10

7

12

-7.7%

Properties Pending Sale .......................................

10

11

4

11

10.0%

Properties For Sale ................................................

18

34

32

35

94.4%

Days on Market (Pending Sale) ...........................

48

60

44

19

-60.4%

Month’s Supply of Inventory ................................

1.4

3.4

4.6

2.9

110.6%

Percent Under Contract ........................................

55.6%

32.4%

12.5%

31.4%

-43.4%

Average Median Price for Last 12 Months ........

$774,000

$730,042

$750,933

$770,288

-0.5%

*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

$765

MAY

$811,500

JUN JUL

MEDIAN SALES PRICE

AUG

$417

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$811 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


Hope Ranch DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$3,250,000

$1,780,000

$3,350,000

$4,685,000

44.2%

Average Price per Square Foot ...........................

$590

$675

$842

$1,100

86.4%

Properties Sold .......................................................

3

3

3

4

33.3%

Properties Pending Sale .......................................

4

3

4

4

0.0%

Properties For Sale ................................................

37

34

21

24

-35.1%

Days on Market (Pending Sale) ...........................

368

124

153

92

-75.0%

Month’s Supply of Inventory ................................

12.3

11.3

7

6

-51.4%

Percent Under Contract ........................................

10.8%

8.8%

19.0%

16.7%

54.2%

Average Median Price for Last 12 Months ........

$3,064,000

$3,081,917

$3,322,500

$2,847,462

-7.1%

*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

$3.250

MAY

$4,685,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,100

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$4.685 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 2015

telesproperties.com


Montecito DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$2,987,500

$2,978,000

$4,860,062

$2,580,000

-13.6%

Average Price per Square Foot ...........................

$957

$899

$980

$856

-10.6%

Properties Sold .......................................................

20

17

12

12

-40.0%

Properties Pending Sale .......................................

24

11

12

19

-20.8%

Properties For Sale ................................................

183

152

127

161

-12.0%

Days on Market (Pending Sale) ...........................

82

115

81

73

-11.0%

Month’s Supply of Inventory ................................

9.2

8.9

10.6

13.4

46.6%

Percent Under Contract ........................................

13.1%

7.2%

9.4%

11.8%

-10.0%

Average Median Price for Last 12 Months ........

$2,421,000

$3,558,552

$3,826,667

$3,267,870

35.0%

*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

$2.987

MAY

$2,580,000

JUN JUL

MEDIAN SALES PRICE

AUG

$856

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

13.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.580 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


Santa Barbara East of State DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$1,150,000

$1,130,000

$1,420,000

$1,100,000

-4.3%

Average Price per Square Foot ...........................

$675

$588

$621

$615

-8.9%

Properties Sold .......................................................

25

19

17

22

-12.0%

Properties Pending Sale .......................................

41

31

17

37

-9.8%

Properties For Sale ................................................

127

145

102

148

16.5%

Days on Market (Pending Sale) ...........................

54

53

76

47

-13.0%

Month’s Supply of Inventory ................................

5.1

7.6

6

6.7

32.4%

Percent Under Contract ........................................

32.3%

21.4%

16.7%

25.0%

-22.6%

Average Median Price for Last 12 Months ........

$1,096,000

$1,180,458

$1,161,333

$1,206,058

10.0%

*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

$1.150

MAY

$1,100,000

JUN JUL

MEDIAN SALES PRICE

AUG

$615

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.100 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 2015

telesproperties.com


Santa Barbara West of State DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$967,500

$1,340,000

$877,500

$847,500

-12.4%

Average Price per Square Foot ...........................

$641

$647

$649

$614

-4.2%

Properties Sold .......................................................

18

12

18

26

44.4%

Properties Pending Sale .......................................

26

28

14

26

0.0%

Properties For Sale ................................................

71

88

67

64

-9.9%

Days on Market (Pending Sale) ...........................

39

39

46

60

53.8%

Month’s Supply of Inventory ................................

3.9

7.3

3.7

2.5

-37.6%

Percent Under Contract ........................................

36.6%

31.8%

20.9%

40.6%

10.9%

Average Median Price for Last 12 Months ........

$911,000

$965,000

$958,333

$998,885

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

$967

MAY

$847,500

JUN JUL

MEDIAN SALES PRICE

AUG

$614

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$847 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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Santa Ynez DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$582,500

$494,000

$662,500

$992,000

70.3%

Average Price per Square Foot ...........................

$297

$414

$341

$653

119.9%

Properties Sold .......................................................

7

14

6

8

14.3%

Properties Pending Sale .......................................

12

10

15

17

41.7%

Properties For Sale ................................................

118

111

101

100

-15.3%

Days on Market (Pending Sale) ...........................

97

51

122

153

57.7%

Month’s Supply of Inventory ................................

16.9

7.9

16.8

12.5

-25.8%

Percent Under Contract ........................................

10.2%

9.0%

14.9%

17.0%

67.2%

Average Median Price for Last 12 Months ........

$668,000

$779,292

$883,167

$742,192

11.1%

*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

$582

MAY

$992,000

JUN JUL

MEDIAN SALES PRICE

AUG

$653

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

12.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$992 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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Monterey County

Carmel

Pacific Grove

Carmel Valley

Pebble Beach

Marina

Salinas

Monterey

Seaside

Micro Market Report : April 2015

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County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : April 2015

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Carmel DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$1,395,000

$1,606,150

$1,225,000

$1,277,500

-8.4%

Average Price per Square Foot ...........................

$878

$876

$700

$831

-5.4%

Properties Sold .......................................................

20

28

13

16

-20.0%

Properties Pending Sale .......................................

36

18

13

23

-36.1%

Properties For Sale ................................................

173

131

123

143

-17.3%

Days on Market (Pending Sale) ...........................

70

165

131

84

20.0%

Month’s Supply of Inventory ................................

8.6

4.7

9.5

8.9

3.3%

Percent Under Contract ........................................

20.8%

13.7%

10.6%

16.1%

-22.7%

Average Median Price for Last 12 Months ........

$1,342,000

$1,375,417

$1,401,333

$1,393,165

3.8%

*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

$1.395

MAY

$1,277,500

JUN JUL

MEDIAN SALES PRICE

AUG

$831

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

8.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.277 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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Carmel Valley DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$832,000

$870,000

$1,110,000

$1,100,000

32.2%

Average Price per Square Foot ...........................

$516

$408

$445

$441

-14.5%

Properties Sold .......................................................

16

7

8

6

-62.5%

Properties Pending Sale .......................................

15

6

9

13

-13.3%

Properties For Sale ................................................

107

97

76

76

-29.0%

Days on Market (Pending Sale) ...........................

90

67

102

222

146.7%

Month’s Supply of Inventory ................................

6.7

13.9

9.5

12.7

89.4%

Percent Under Contract ........................................

14.0%

6.2%

11.8%

17.1%

22.0%

Average Median Price for Last 12 Months ........

$985,000

$931,833

$938,333

$907,308

-7.9%

*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

$832

MAY

$1,100,000

JUN JUL

MEDIAN SALES PRICE

AUG

$441

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

12.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.100 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 2015

telesproperties.com


Marina DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$427,000

$409,500

$435,000

$427,500

0.1%

Average Price per Square Foot ...........................

$233

$292

$267

$313

34.3%

Properties Sold .......................................................

4

10

7

12

200.0%

Properties Pending Sale .......................................

13

11

7

9

-30.8%

Properties For Sale ................................................

44

39

27

21

-52.3%

Days on Market (Pending Sale) ...........................

37

67

58

59

59.5%

Month’s Supply of Inventory ................................

11

3.9

3.9

1.8

-84.1%

Percent Under Contract ........................................

29.5%

28.2%

25.9%

42.9%

45.1%

Average Median Price for Last 12 Months ........

$406,000

$428,817

$428,467

$430,119

5.9%

*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

$427

MAY

$427,500

JUN JUL

MEDIAN SALES PRICE

AUG

$313

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$427 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


Monterey DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$640,000

$763,800

$654,000

$712,000

11.2%

Average Price per Square Foot ...........................

$371

$446

$371

$369

-0.5%

Properties Sold .......................................................

17

22

14

22

29.4%

Properties Pending Sale .......................................

26

16

19

26

0.0%

Properties For Sale ................................................

116

128

103

89

-23.3%

Days on Market (Pending Sale) ...........................

42

113

96

56

33.3%

Month’s Supply of Inventory ................................

6.8

5.8

7.4

4

-40.7%

Percent Under Contract ........................................

22.4%

12.5%

18.4%

29.2%

30.3%

Average Median Price for Last 12 Months ........

$625,000

$647,292

$667,250

$674,350

7.9%

*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

$640

MAY

$712,000

JUN JUL

MEDIAN SALES PRICE

AUG

$369

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$712 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


Pacific Grove DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$725,000

$705,000

$681,000

$727,500

0.3%

Average Price per Square Foot ...........................

$538

$526

$682

$482

-10.4%

Properties Sold .......................................................

15

18

9

11

-26.7%

Properties Pending Sale .......................................

21

13

9

21

0.0%

Properties For Sale ................................................

63

62

54

58

-7.9%

Days on Market (Pending Sale) ...........................

67

53

78

48

-28.4%

Month’s Supply of Inventory ................................

4.2

3.4

6

5.3

25.5%

Percent Under Contract ........................................

33.3%

21.0%

16.7%

36.2%

8.6%

Average Median Price for Last 12 Months ........

$713,000

$784,167

$815,000

$751,731

5.4%

*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

$725

MAY

$727,500

JUN JUL

MEDIAN SALES PRICE

AUG

$482

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$727 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


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


Salinas DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$400,000

$387,500

$382,450

$415,000

3.8%

Average Price per Square Foot ...........................

$233

$237

$255

$263

12.9%

Properties Sold .......................................................

57

70

46

56

-1.8%

Properties Pending Sale .......................................

68

54

54

86

26.5%

Properties For Sale ................................................

230

263

183

225

-2.2%

Days on Market (Pending Sale) ...........................

42

46

65

43

2.4%

Month’s Supply of Inventory ................................

4

3.8

4

4

-0.4%

Percent Under Contract ........................................

29.6%

20.5%

29.5%

38.2%

29.3%

Average Median Price for Last 12 Months ........

$355,000

$409,367

$420,000

$398,054

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

$400

MAY

$415,000

JUN JUL

MEDIAN SALES PRICE

AUG

$263

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$415 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


Seaside DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$330,000

$370,000

$320,000

$371,500

12.6%

Average Price per Square Foot ...........................

$306

$279

$300

$302

-1.3%

Properties Sold .......................................................

27

15

14

19

-29.6%

Properties Pending Sale .......................................

14

12

8

18

28.6%

Properties For Sale ................................................

76

69

36

37

-51.3%

Days on Market (Pending Sale) ...........................

27

79

65

53

96.3%

Month’s Supply of Inventory ................................

2.8

4.6

2.6

1.9

-30.8%

Percent Under Contract ........................................

18.4%

17.4%

22.2%

48.6%

164.1%

Average Median Price for Last 12 Months ........

$341,000

$359,417

$350,500

$355,022

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

$330

MAY

$371,500

JUN JUL

MEDIAN SALES PRICE

AUG

$302

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$371 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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Condominiums

Beverly Center - Miracle Mile

Santa Monica

Beverly Hills

Sherman Oaks

Brentwood

Studio City

Culver City

Venice

Encino

West Hollywood

Malibu

West LA

Marina Del Rey

Westwood - Century City

Micro Market Report : April 2015

telesproperties.com


County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : April 2015

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Beverly Center - Miracle Mile DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$730,000

$610,000

$650,000

$617,500

-15.4%

Average Price per Square Foot ...........................

$503

$474

$476

$500

-0.6%

Properties Sold .......................................................

9

6

7

10

11.1%

Properties Pending Sale .......................................

6

6

8

12

100.0%

Properties For Sale ................................................

29

30

33

34

17.2%

Days on Market (Pending Sale) ...........................

28

36

66

27

-3.6%

Month’s Supply of Inventory ................................

3.2

5

4.7

3.4

5.5%

Percent Under Contract ........................................

20.7%

20.0%

24.2%

35.3%

70.6%

Average Median Price for Last 12 Months ........

$645,000

$681,533

$723,067

$646,131

0.2%

*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

$730

MAY

$617,500

JUN JUL

MEDIAN SALES PRICE

AUG

$500

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$617 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


Beverly Hills DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$1,015,000

$1,412,500

$1,040,000

$977,500

-3.7%

Average Price per Square Foot ...........................

$612

$622

$594

$567

-7.4%

Properties Sold .......................................................

9

6

7

12

33.3%

Properties Pending Sale .......................................

15

8

8

14

-6.7%

Properties For Sale ................................................

52

53

66

56

7.7%

Days on Market (Pending Sale) ...........................

70

67

181

78

11.4%

Month’s Supply of Inventory ................................

5.8

8.8

9.4

4.7

-19.2%

Percent Under Contract ........................................

28.8%

15.1%

12.1%

25.0%

-13.3%

Average Median Price for Last 12 Months ........

$934,000

$1,025,148

$1,107,129

$1,075,991

15.2%

*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

$1.015

MAY

$977,500

JUN JUL

MEDIAN SALES PRICE

AUG

$567

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$977 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


Brentwood DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$803,500

$770,000

$600,000

$789,000

-1.8%

Average Price per Square Foot ...........................

$524

$532

$519

$565

7.8%

Properties Sold .......................................................

17

19

15

23

35.3%

Properties Pending Sale .......................................

22

19

8

24

9.1%

Properties For Sale ................................................

78

89

63

74

-5.1%

Days on Market (Pending Sale) ...........................

40

84

38

60

50.0%

Month’s Supply of Inventory ................................

4.6

4.7

4.2

3.2

-29.9%

Percent Under Contract ........................................

28.2%

21.3%

12.7%

32.4%

15.0%

Average Median Price for Last 12 Months ........

$686,000

$713,650

$738,300

$736,762

7.4%

*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

$803

MAY

$789,000

JUN JUL

MEDIAN SALES PRICE

AUG

$565

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$789 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


Culver City DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$350,000

$410,000

$420,000

$445,000

27.1%

Average Price per Square Foot ...........................

$370

$424

$400

$430

16.2%

Properties Sold .......................................................

14

13

19

23

64.3%

Properties Pending Sale .......................................

14

18

22

23

64.3%

Properties For Sale ................................................

46

50

47

47

2.2%

Days on Market (Pending Sale) ...........................

20

20

49

24

20.0%

Month’s Supply of Inventory ................................

3.3

3.8

2.5

2

-37.8%

Percent Under Contract ........................................

30.4%

36.0%

46.8%

48.9%

60.8%

Average Median Price for Last 12 Months ........

$375,000

$417,667

$422,333

$412,942

10.1%

*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

$350

MAY

$445,000

JUN JUL

MEDIAN SALES PRICE

AUG

$430

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$445 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


Encino DATA*

Apr 2014

6 month

3 month

Apr 2015

% change

Median Price ..........................................................

$329,000

$354,000

$306,000

$335,000

1.8%

Average Price per Square Foot ...........................

$255

$286

$268

$288

12.9%

Properties Sold .......................................................

20

14

8

14

-30.0%

Properties Pending Sale .......................................

20

20

10

21

5.0%

Properties For Sale ................................................

51

48

36

37

-27.5%

Days on Market (Pending Sale) ...........................

50

77

52

64

28.0%

Month’s Supply of Inventory ................................

2.6

3.4

4.5