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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH April 2018 /

Los Angeles, Orange, Santa Barbara, Monterey, Riverside, San Diego


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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:

PROPERTIES FOR SALE:

A value that separates the upper half of

The number of properties on the

prices from the lower half of prices. It can

market and seeking buyers.

be interpreted like an average, however the extreme prices (high and low) don’t

DAYS OF MARKET (PENDING SALE):

hold undue influence.

The number of days that properties currently in escrow were on the market.

AVERAGE PRICE PER SQUARE FOOT:

The price of each property divided by

MONTH’S SUPPLY OF INVENTORY:

their respective square footage then

The number of months it would take to sell all

averaged across all properties sold in the

the properties listed for sale at the current pace

area for a given time period.

of sales and if no new listings entered the market.

PROPERTIES SOLD:

PERCENT UNDER CONTRACT:

The number of property transactions that

The ratio of properties for sale to

closed and transferred ownership.

properties pending sale.

PROPERTIES PENDING SALE:

AVERAGE MEDIAN PRICE FOR LAST 12:

The number of properties that entered

The Average Median Price for the Last 12 Months

escrow in preparation for sale.

is sales data from 12 months ending in the identified month.


LOS ANGELES COUNTY

LOS ANGELES COUNTY MACRO

MALIBU BEACH

HERMOSA BEACH

CALABASAS

BEL AIR - HOLMBY HILLS

MARINA DEL REY

MANHATTAN BEACH PALOS

ENCINO

BEVERLY CENTER - MIRACLE MILE

MID LOS ANGELES

VERDES ESTATES RANCHO

GLENDALE

BEVERLY HILLS

MID WILSHIRE

PALOS VERDES REDONDO

LA CRESCENTA NORTH

BEVERLY HILLS P.O.

PACIFIC PALISADES

BEACH - NORTH

HOLLYWOOD

BEVERLYWOOD

PALMS - MAR VISTA

REDONDO BEACH - SOUTH

SHADOW HILLS

BRENTWOOD

PLAYA DEL REY

ROLLING HILLS

SHERMAN OAKS

CHEVIOT HILLS - RANCHO PARK

PLAYA VISTA

ROLLING HILLS ESTATES

STUDIO CITY

CULVER CITY

SANTA MONICA

SAN PEDRO

SUN VALLEY

HANCOCK PARK - WILSHIRE

SUNSET STRIP - HOLLYWOOD HILLS WEST

TORRANCE - COUNTY STRIP

SUNLAND - TUJUNGA TARZANA

HOLLYWOOD

VENICE

TORRANCE - NORTH

TOLUCA LAKE

HOLLYWOOD HILLS EAST

WEST HOLLYWOOD

TORRANCE - SOUTHEAST

VALLEY VILLAGE

INGLEWOOD

WEST LOS ANGELES

TORRANCE - SOUTH

WESTLAKE VILLAGE

LADERA HEIGHTS

WESTCHESTER

TORRANCE - WEST

WOODLAND HILLS

LAUREL CANYON

WESTWOOD - CENTURY CITY

SAN FERNANDO MACRO

SAN GABRIEL VALLEY MACRO

LOS FELIZ

SOUTH BAY MACRO

AGOURA HILLS

ALTADENA

MALIBU

EL SEGUNDO

BURBANK

ARCADIA

Micro Market Report : April 2018


COUNTY: LOS ANGELES AREA: 4,752 SQ MILES FOUNDED: 1850

DUARTE LA CANADA FLINTRIDGE MONROVIA PASADENA SAN GABRIEL SAN MARINO SIERRA MADRE SOUTH PASADENA

Micro Market Report : April 2018


LOS ANGELES COUNTY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$610,000

$617,100

$605,000

$650,000

6.6%

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

$468

$472

$466

$506

8.1%

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

3879

4216

2945

3949

1.8%

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

4982

4590

3670

4774

-4.2%

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

16,486

16,811

13,607

16,050

-2.6%

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

34

39

43

33

-2.9%

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

4.3

4

4.6

4.1

-4.4%

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

30.2%

27.3%

27.0%

29.7%

-1.6%

$589,292

$631,000

$646,667

$629,238

6.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $610

APR MAY

$650,000

JUN JUL

MEDIAN SALES PRICE

AUG

$506

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$650 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BEL-AIR HOLMBY HILLS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,640,000

$1,892,500

$7,372,500

$3,100,000

89.0%

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

$1,439

$825

$1,388

$1,215

-15.6%

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

16

18

8

9

-43.8%

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

12

14

9

17

41.7%

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

162

171

135

172

6.2%

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

33

45

121

57

72.7%

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

10.1

9.5

16.9

19.1

88.8%

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

7.4%

8.2%

6.7%

9.9%

33.4%

$2,046,127

$3,476,211

$2,516,667

$2,917,851

29.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.640

MAY

$3,100,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,215

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

19.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.100 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,474,812

$1,390,000

$1,804,438

$1,995,000

35.3%

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

$730

$794

$820

$884

21.1%

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

24

17

10

15

-37.5%

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

17

19

14

16

-5.9%

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

91

80

70

62

-31.9%

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

20

32

62

54

170.0%

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

3.8

4.7

7

4.1

9.0%

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

18.7%

23.8%

20.0%

25.8%

38.1%

$1,534,318

$1,810,823

$1,910,000

$1,753,754

12.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.474

MAY

$1,995,000

JUN JUL

MEDIAN SALES PRICE

AUG

$884

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.995 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BEVERLY HILLS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$6,550,000

$8,505,250

$7,224,000

$4,293,500

-34.5%

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

$1,553

$1,458

$1,358

$1,638

5.5%

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

16

10

8

10

-37.5%

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

14

12

7

6

-57.1%

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

92

115

94

102

10.9%

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

73

60

69

40

-45.2%

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

5.8

11.5

11.8

10.2

77.4%

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

15.2%

10.4%

7.4%

5.9%

-61.3%

$5,170,055

$5,091,083

$4,557,500

$5,439,212

4.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $6.550

APR MAY

$4,293,500

JUN JUL

MEDIAN SALES PRICE

AUG

$1,638

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

10.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$4.293 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BEVERLY HILLS- POST OFFICE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$7,988,000

$3,400,000

$2,301,000

$2,375,000

-70.3%

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

$1,250

$943

$857

$1,098

-12.2%

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

7

13

8

13

85.7%

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

20

16

10

12

-40.0%

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

182

167

154

163

-10.4%

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

58

72

120

107

84.5%

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

26

12.8

19.2

12.5

-51.8%

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

11.0%

9.6%

6.5%

7.4%

-33.0%

$3,148,408

$2,650,917

$2,359,833

$3,346,019

5.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $7.988

APR MAY

$2,375,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,098

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

12.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.375 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BEVERLYWOOD

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,350,000

$1,605,000

$1,674,500

$1,466,250

8.6%

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

$743

$760

$802

$858

15.5%

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

15

11

10

16

6.7%

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

21

11

9

11

-47.6%

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

42

47

45

50

19.0%

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

44

25

38

37

-15.9%

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

2.8

4.3

4.5

3.1

11.6%

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

50.0%

23.4%

20.0%

22.0%

-56.0%

$1,243,111

$1,594,717

$1,498,767

$1,513,890

17.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.350

MAY

$1,466,250

JUN JUL

MEDIAN SALES PRICE

AUG

$858

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.466 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BRENTWOOD

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,828,170

$4,355,000

$3,064,550

$2,550,000

-9.8%

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

$1,025

$985

$888

$1,039

1.4%

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

19

19

16

15

-21.1%

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

35

21

18

26

-25.7%

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

155

156

127

159

2.6%

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

37

59

88

40

8.1%

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

8.2

8.2

7.9

10.6

29.9%

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

22.6%

13.5%

14.2%

16.4%

-27.6%

$3,319,848

$3,137,425

$2,998,333

$3,167,709

-4.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$2.828

MAY

$2,550,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,039

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

10.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.550 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CHEVIOT HILLS - RANCHO PARK

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,967,000

$2,755,000

$1,375,000

$2,180,000

10.8%

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

$823

$732

$1,024

$767

-6.8%

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

9

2

3

3

-66.7%

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

14

6

3

10

-28.6%

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

33

28

21

26

-21.2%

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

50

23

43

19

-62.0%

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

3.7

14

7

8.7

136.4%

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

42.4%

21.4%

14.3%

38.5%

-9.3%

$2,045,708

$1,983,375

$2,293,833

$2,067,521

1.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.967

MAY

$2,180,000

JUN JUL

MEDIAN SALES PRICE

AUG

$767

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

8.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.180 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CULVER CITY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,400,000

$1,200,000

$1,225,000

$1,880,000

34.3%

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

$711

$887

$779

$700

-1.5%

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

19

17

13

22

15.8%

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

20

21

8

19

-5.0%

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

58

62

36

64

10.3%

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

18

25

49

20

11.1%

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

3.1

3.6

2.8

2.9

-4.7%

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

34.5%

33.9%

22.2%

29.7%

-13.9%

$1,162,750

$1,398,531

$1,622,396

$1,285,284

9.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.400

MAY

$1,880,000

JUN JUL

MEDIAN SALES PRICE

AUG

$700

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.880 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


DOWNTOWN

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$489,000

$367,000

$356,430

$399,500

-18.3%

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

$323

$286

$296

$359

11.1%

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

10

10

12

8

-20.0%

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

9

12

14

8

-11.1%

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

48

58

49

46

-4.2%

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

55

57

29

39

-29.1%

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

4.8

5.8

4.1

5.8

19.8%

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

18.8%

20.7%

28.6%

17.4%

-7.2%

$356,570

$418,572

$400,667

$398,668

10.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $489

APR MAY

$399,500

JUN JUL

MEDIAN SALES PRICE

AUG

$359

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$399 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


HANCOCK PARK - WILSHIRE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,598,750

$1,675,000

$1,899,000

$1,627,250

1.8%

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

$734

$759

$578

$806

9.8%

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

30

19

15

20

-33.3%

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

19

28

18

33

73.7%

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

93

102

86

105

12.9%

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

47

29

47

37

-21.3%

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

3.1

5.4

5.7

5.2

69.4%

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

20.4%

27.5%

20.9%

31.4%

53.8%

$1,685,772

$1,643,630

$1,562,417

$1,658,675

-1.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.598

MAY

$1,627,250

JUN JUL

MEDIAN SALES PRICE

AUG

$806

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.627 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


HOLLYWOOD

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$845,000

$1,024,000

$750,000

$927,500

9.8%

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

$551

$607

$574

$612

11.1%

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

3

11

5

7

133.3%

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

6

11

8

12

100.0%

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

37

45

39

55

48.6%

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

22

49

37

24

9.1%

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

12.3

4.1

7.8

7.9

-36.3%

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

16.2%

24.4%

20.5%

21.8%

34.5%

$868,837

$1,045,333

$1,116,667

$995,298

12.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$845

MAY

$927,500

JUN JUL

MEDIAN SALES PRICE

AUG

$612

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$927 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


HOLLYWOOD HILLS EAST

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,625,000

$1,360,000

$1,249,000

$1,525,000

-6.2%

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

$739

$728

$582

$655

-11.4%

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

13

15

7

15

15.4%

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

15

5

15

18

20.0%

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

98

77

75

70

-28.6%

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

28

26

42

51

82.1%

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

6.5

15.4

5

4.7

-28.6%

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

15.3%

6.5%

20.0%

25.7%

68.0%

$1,499,285

$1,512,000

$1,574,167

$1,482,900

-1.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.625

APR MAY

$1,525,000

JUN JUL

MEDIAN SALES PRICE

AUG

$655

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.525 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


INGLEWOOD

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$523,375

$515,000

$625,000

$615,000

17.5%

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

$382

$398

$400

$426

11.5%

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

26

27

11

18

-30.8%

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

23

16

18

22

-4.3%

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

62

70

66

70

12.9%

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

38

24

32

34

-10.5%

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

2.7

4.4

3.7

3.9

44.3%

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

37.1%

22.9%

27.3%

31.4%

-15.3%

$474,856

$577,417

$567,333

$555,706

14.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$523

MAY

$615,000

JUN JUL

MEDIAN SALES PRICE

AUG

$426

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$615 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LADERA HEIGHTS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,050,000

$1,492,500

$1,452,850

$1,234,500

17.6%

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

$379

$398

$513

$458

20.8%

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

5

6

2

6

20.0%

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

6

5

3

3

-50.0%

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

24

22

20

14

-41.7%

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

14

36

24

136

871.4%

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

4

4.4

6.7

2.3

-41.7%

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

25.0%

22.7%

15.0%

21.4%

-14.3%

$1,017,729

$1,206,050

$1,187,167

$1,191,715

14.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.050

MAY

$1,234,500

JUN JUL

MEDIAN SALES PRICE

AUG

$458

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.234 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LAUREL CANYON

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,600,000

$1,702,500

$2,050,000

$1,920,000

20.0%

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

$703

$784

$863

$1,169

66.3%

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

23

34

19

31

34.8%

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

24

34

16

27

12.5%

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

163

176

139

166

1.8%

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

36

43

50

26

-27.8%

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

6.8

5.2

8.7

6.1

-9.5%

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

14.7%

19.3%

11.5%

16.3%

10.5%

$1,628,674

$1,986,875

$2,097,917

$1,843,077

13.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.600

MAY

$1,920,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,169

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.920 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LOS FELIZ

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,685,000

$1,625,000

$2,000,000

$1,880,000

11.6%

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

$805

$810

$763

$700

-13.0%

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

19

18

13

22

15.8%

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

29

18

9

19

-34.5%

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

98

91

74

64

-34.7%

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

53

46

39

20

-62.3%

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

3.4

5.1

8.2

2.9

-13.9%

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

29.6%

19.8%

12.2%

29.7%

0.3%

$1,571,493

$1,811,667

$1,768,333

$1,739,500

9.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.685

MAY

$1,880,000

JUN JUL

MEDIAN SALES PRICE

AUG

$700

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.880 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MALIBU

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$4,225,000

$3,275,000

$2,445,500

$3,462,500

-18.0%

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

$1,142

$966

$777

$944

-17.3%

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

4

18

12

14

250.0%

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

17

13

10

18

5.9%

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

212

205

187

215

1.4%

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

134

163

106

55

-59.0%

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

53

11.4

15.6

15.4

-71.0%

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

8.0%

6.3%

5.3%

8.4%

4.4%

$2,800,750

$2,342,167

$2,530,833

$2,709,517

-3.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $4.225

APR MAY

$3,462,500

JUN JUL

MEDIAN SALES PRICE

AUG

$944

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

15.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.462 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MALIBU BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$10,113,500

$6,975,000

$5,723,807

$10,750,000

6.3%

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

$2,162

$1,999

$1,963

$2,684

24.1%

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

2

5

6

6

200.0%

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

8

2

6

7

-12.5%

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

84

83

73

87

3.6%

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

87

171

159

130

49.4%

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

42

16.6

12.2

14.5

-65.5%

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

9.5%

2.4%

8.2%

8.0%

-15.5%

$7,643,062

$9,747,718

$8,400,000

$8,708,831

12.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$10.113

MAY

$10,750,000

JUN JUL

MEDIAN SALES PRICE

AUG

$2,684

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

14.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$10.750 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MARINA DEL REY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,410,000

$1,825,000

$1,605,000

$1,525,000

8.2%

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

$777

$801

$801

$773

-0.5%

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

5

8

4

8

60.0%

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

8

8

7

5

-37.5%

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

38

33

33

33

-13.2%

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

62

36

106

12

-80.6%

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

7.6

4.1

8.2

4.1

-45.7%

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

21.1%

24.2%

21.2%

15.2%

-28.0%

$1,508,210

$1,699,379

$1,533,592

$1,524,983

1.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.410

MAY

$1,525,000

JUN JUL

MEDIAN SALES PRICE

AUG

$773

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.525 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MID LOS ANGELES

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$620,000

$795,000

$660,400

$780,000

25.8%

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

$426

$463

$458

$497

16.7%

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

34

35

22

35

2.9%

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

56

46

29

41

-26.8%

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

147

120

106

118

-19.7%

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

30

46

49

30

0.0%

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

4.3

3.4

4.8

3.4

-22.0%

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

38.1%

38.3%

27.4%

34.7%

-8.8%

$627,852

$716,900

$777,667

$725,588

13.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$620

MAY

$780,000

JUN JUL

MEDIAN SALES PRICE

AUG

$497

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$780 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MID WILSHIRE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$813,750

$880,000

$1,175,000

$1,150,000

41.3%

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

$508

$514

$835

$770

51.6%

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

4

6

1

4

0.0%

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

5

5

2

3

-40.0%

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

31

30

23

23

-25.8%

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

45

49

54

20

-55.6%

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

7.8

5

23

5.8

-25.8%

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

16.1%

16.7%

8.7%

13.0%

-19.1%

$862,075

$1,065,800

$1,091,250

$1,018,896

15.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$813

MAY

$1,150,000

JUN JUL

MEDIAN SALES PRICE

AUG

$770

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.150 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


PACIFIC PALISADES

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,947,305

$3,365,000

$2,843,000

$3,553,000

20.6%

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

$910

$916

$1,261

$1,191

30.9%

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

20

25

10

23

15.0%

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

26

22

16

25

-3.8%

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

123

105

109

108

-12.2%

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

34

54

71

60

76.5%

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

6.2

4.2

10.9

4.7

-23.6%

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

21.1%

21.0%

14.7%

23.1%

9.5%

$2,962,957

$3,245,700

$3,563,615

$3,302,421

10.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$2.947

MAY

$3,553,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,191

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.553 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


PALMS - MAR VISTA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,485,000

$1,511,760

$1,555,750

$1,740,320

17.2%

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

$824

$792

$777

$848

2.9%

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

22

38

22

36

63.6%

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

29

37

27

29

0.0%

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

96

100

71

85

-11.5%

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

34

37

29

30

-11.8%

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

4.4

2.6

3.2

2.4

-45.9%

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

30.2%

37.0%

38.0%

34.1%

12.9%

$1,421,096

$1,606,428

$1,650,107

$1,545,204

8.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.485

MAY

$1,740,320

JUN JUL

MEDIAN SALES PRICE

AUG

$848

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.740 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


PLAYA DEL REY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,655,000

$1,632,500

$1,850,000

$2,042,500

23.4%

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

$823

$551

$622

$508

-38.3%

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

3

2

3

6

100.0%

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

7

2

5

7

0.0%

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

18

21

27

32

77.8%

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

51

16

24

27

-47.1%

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

6

10.5

9

5.3

-11.1%

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

38.9%

9.5%

18.5%

21.9%

-43.8%

$1,349,958

$1,630,008

$1,823,092

$1,672,850

19.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.655

MAY

$2,042,500

JUN JUL

MEDIAN SALES PRICE

AUG

$508

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.042 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


PLAYA VISTA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,300,000

$4,019,598

$3,135,000

$2,013,500

-12.5%

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

$647

$939

$907

$610

-5.7%

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

1

1

2

2

100.0%

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

7

3

1

2

-71.4%

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

18

13

8

10

-44.4%

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

42

26

3

128

204.8%

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

18

13

4

0.2

-98.9%

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

38.9%

23.1%

12.5%

20.0%

-48.6%

$1,488,604

$2,256,650

$2,036,875

$2,362,951

58.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$2.300

MAY

$2,013,500

JUN JUL

MEDIAN SALES PRICE

AUG

$610

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

0.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.013 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SANTA MONICA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,273,000

$3,804,000

$2,111,000

$4,210,000

85.2%

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

$1,204

$1,229

$1,352

$1,239

2.9%

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

24

14

7

15

-37.5%

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

18

18

13

21

16.7%

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

86

90

80

102

18.6%

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

44

41

55

34

-22.7%

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

3.6

6.4

11.4

6.8

89.8%

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

20.9%

20.0%

16.2%

20.6%

-1.6%

$2,332,912

$3,017,875

$3,159,083

$2,975,135

21.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$2.273

MAY

$4,210,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,239

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$4.210 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SUNSET STRIP - HOLLYWOOD HILLS WEST

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,680,000

$1,742,500

$1,870,000

$1,920,000

14.3%

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

$751

$776

$787

$1,059

41.0%

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

34

36

27

43

26.5%

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

32

49

36

39

21.9%

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

324

366

317

364

12.3%

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

34

46

50

53

55.9%

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

9.5

10.2

11.7

8.5

-11.2%

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

9.9%

13.4%

11.4%

10.7%

8.5%

$1,764,478

$2,049,583

$2,157,917

$1,923,385

8.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.680

MAY

$1,920,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,059

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

8.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.920 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


VENICE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,150,000

$1,925,250

$2,050,000

$2,000,000

-7.0%

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

$1,474

$1,217

$1,119

$958

-35.0%

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

17

16

11

12

-29.4%

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

17

27

14

22

29.4%

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

93

98

83

108

16.1%

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

35

42

42

57

62.9%

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

5.5

6.1

7.5

9

64.5%

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

18.3%

27.6%

16.9%

20.4%

11.4%

$1,852,311

$2,026,917

$2,063,000

$2,118,212

14.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$2.150

MAY

$2,000,000

JUN JUL

MEDIAN SALES PRICE

AUG

$958

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WEST HOLLYWOOD

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,622,500

$1,580,000

$1,961,250

$1,705,000

5.1%

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

$952

$914

$1,049

$1,160

21.8%

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

15

14

8

11

-26.7%

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

12

12

3

16

33.3%

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

55

62

45

61

10.9%

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

46

48

55

26

-43.5%

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

3.7

4.4

5.6

5.5

51.2%

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

21.8%

19.4%

6.7%

26.2%

20.2%

$1,613,502

$1,994,792

$2,055,833

$1,852,604

12.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.622

MAY

$1,705,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,160

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.705 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WEST LOS ANGELES

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,265,000

$1,250,000

$1,233,075

$1,799,999

42.3%

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

$771

$806

$883

$748

-3.0%

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

12

12

6

9

-25.0%

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

15

9

8

13

-13.3%

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

44

38

33

48

9.1%

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

17

39

45

42

147.1%

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

3.7

3.2

5.5

5.3

45.5%

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

34.1%

23.7%

24.2%

27.1%

-20.6%

$1,033,604

$1,423,262

$1,484,666

$1,305,563

26.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.265

MAY

$1,799,999

JUN JUL

MEDIAN SALES PRICE

AUG

$748

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.799 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WESTCHESTER

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,262,500

$1,160,000

$1,047,544

$1,247,240

-1.2%

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

$670

$638

$682

$732

9.3%

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

16

34

20

32

100.0%

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

28

35

22

30

7.1%

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

92

91

64

95

3.3%

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

24

32

46

23

-4.2%

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

5.8

2.7

3.2

3

-48.4%

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

30.4%

38.5%

34.4%

31.6%

3.8%

$1,095,246

$1,175,797

$1,204,080

$1,176,253

7.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.262

APR MAY

$1,247,240

JUN JUL

MEDIAN SALES PRICE

AUG

$732

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.247 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WESTWOOD - CENTURY CITY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,880,066

$1,671,111

$2,235,500

$2,247,500

-22.0%

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

$878

$847

$1,009

$862

-1.8%

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

12

10

11

18

50.0%

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

20

12

13

17

-15.0%

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

68

60

59

60

-11.8%

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

23

31

27

40

73.9%

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

5.7

6

5.4

3.3

-41.2%

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

29.4%

20.0%

22.0%

28.3%

-3.7%

$1,998,766

$2,289,083

$2,438,333

$2,251,486

12.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.880

APR MAY

$2,247,500

JUN JUL

MEDIAN SALES PRICE

AUG

$862

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.247 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SOUTH BAY MACRO MARKET

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,233,967

$1,423,617

$1,405,402

$1,356,990

10.0%

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

$631

$639

$684

$655

3.8%

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

206

220

136

209

1.5%

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

276

230

192

256

-7.2%

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

927

882

607

830

-10.5%

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

29

50

56

29

2.6%

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

4.5

4

4.5

4

-11.7%

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

29.8%

26.1%

31.6%

30.8%

3.6%

$1,252,931

$1,317,696

$1,312,988

$1,360,690

8.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.233

MAY

$1,356,990

JUN JUL

MEDIAN SALES PRICE

AUG

$655

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.356 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


EL SEGUNDO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,212,500

$1,309,500

$1,555,000

$1,217,000

0.4%

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

$784

$812

$632

$721

-8.0%

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

4

7

3

12

200.0%

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

3

6

8

6

100.0%

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

20

23

18

18

-10.0%

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

30

28

39

22

-26.7%

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

5

0

6

1.5

-70.0%

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

15.0%

26.1%

44.4%

33.3%

122.2%

$1,289,673

$1,385,917

$1,408,167

$1,325,962

2.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.212

MAY

$1,217,000

JUN JUL

MEDIAN SALES PRICE

AUG

$721

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.217 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


HERMOSA BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,475,000

$2,225,000

$2,002,500

$3,050,000

106.8%

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

$923

$1,175

$1,596

$1,147

24.3%

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

6

9

10

9

50.0%

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

13

16

5

12

-7.7%

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

48

46

29

50

4.2%

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

46

57

37

55

19.6%

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

8

5.1

2.9

5.6

-30.6%

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

27.1%

34.8%

17.2%

24.0%

-11.4%

$1,691,658

$2,004,917

$2,149,833

$2,069,885

22.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.475

MAY

$3,050,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,147

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MANHATTAN BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,150,000

$3,285,000

$2,315,000

$2,400,000

11.6%

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

$911

$1,094

$1,161

$1,065

16.9%

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

35

21

16

18

-48.6%

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

39

30

17

24

-38.5%

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

148

133

76

121

-18.2%

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

36

58

50

26

-27.8%

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

4.2

6.3

4.8

6.7

59.0%

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

26.4%

22.6%

22.4%

19.8%

-24.7%

$2,235,208

$2,346,667

$2,296,667

$2,430,500

8.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$2.150

MAY

$2,400,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,065

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


PALOS VERDES ESTATES

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,200,000

$1,682,750

$1,607,500

$1,725,000

-21.6%

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

$742

$785

$738

$664

-10.5%

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

19

10

12

14

-26.3%

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

20

13

15

26

30.0%

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

95

82

59

90

-5.3%

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

48

51

68

58

20.8%

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

5

8.2

4.9

6.4

28.6%

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

21.1%

15.9%

25.4%

28.9%

37.2%

$1,935,925

$1,744,583

$1,798,000

$1,881,481

-2.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $2.200

APR MAY

$1,725,000

JUN JUL

MEDIAN SALES PRICE

AUG

$664

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.725 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


RANCHO PALOS VERDES

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,353,000

$1,325,000

$1,322,525

$1,322,500

-2.3%

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

$540

$547

$561

$656

21.5%

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

23

37

23

30

30.4%

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

44

27

33

46

4.5%

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

143

145

107

140

-2.1%

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

34

33

56

54

58.8%

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

6.2

3.9

4.7

4.7

-24.9%

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

30.8%

18.6%

30.8%

32.9%

6.8%

$1,289,708

$1,312,171

$1,340,833

$1,368,156

6.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.353

MAY

$1,322,500

JUN JUL

MEDIAN SALES PRICE

AUG

$656

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.322 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


REDONDO BEACH- NORTH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$950,000

$1,147,000

$1,030,000

$1,155,000

21.6%

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

$621

$608

$594

$619

-0.3%

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

17

14

10

17

0.0%

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

21

14

21

7

-66.7%

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

55

45

31

28

-49.1%

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

12

41

27

22

83.3%

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

3.2

3.2

3.1

1.6

-49.1%

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

38.2%

31.1%

67.7%

25.0%

-34.5%

$940,917

$1,011,333

$1,066,333

$1,011,462

7.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$950

MAY

$1,155,000

JUN JUL

MEDIAN SALES PRICE

AUG

$619

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.155 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


REDONDO BEACH- SOUTH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,447,500

$1,650,000

$1,537,000

$1,716,000

18.5%

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

$738

$690

$648

$793

7.5%

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

10

13

6

16

60.0%

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

13

16

9

16

23.1%

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

55

53

33

49

-10.9%

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

13

25

74

36

176.9%

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

5.5

4.1

5.5

3.1

-44.3%

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

23.6%

30.2%

27.3%

32.7%

38.1%

$1,380,456

$1,546,563

$1,599,625

$1,509,875

9.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.447

MAY

$1,716,000

JUN JUL

MEDIAN SALES PRICE

AUG

$793

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.716 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ROLLING HILLS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,195,000

$3,059,500

$3,500,000

$1,915,000

-12.8%

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

$757

$578

$768

$635

-16.1%

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

1

2

3

2

100.0%

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

3

3

3

3

0.0%

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

36

35

30

37

2.8%

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

42

175

127

35

-16.7%

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

36

17.5

10

18.5

-48.6%

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

8.3%

8.6%

10.0%

8.1%

-2.7%

$2,321,146

$2,543,500

$1,875,833

$2,713,450

16.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$2.195

MAY

$1,915,000

JUN JUL

MEDIAN SALES PRICE

AUG

$635

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

18.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.915 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ROLLING HILLS ESTATES

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,420,000

$1,210,000

$1,850,000

$1,875,000

32.0%

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

$565

$494

$566

$596

5.5%

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

3

3

3

8

166.7%

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

11

2

5

4

-63.6%

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

38

33

18

21

-44.7%

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

27

78

93

37

37.0%

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

12.7

11

6

2.6

-79.3%

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

28.9%

6.1%

27.8%

19.0%

-34.2%

$1,558,959

$1,678,083

$1,763,500

$1,609,769

3.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.420

MAY

$1,875,000

JUN JUL

MEDIAN SALES PRICE

AUG

$596

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.875 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SAN PEDRO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$585,000

$634,500

$697,500

$680,000

16.2%

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

$445

$452

$384

$442

-0.7%

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

33

30

11

27

-18.2%

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

34

32

30

32

-5.9%

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

112

107

85

96

-14.3%

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

44

48

40

18

-59.1%

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

3.4

3.6

7.7

3.6

4.8%

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

30.4%

29.9%

35.3%

33.3%

9.8%

$624,517

$649,667

$656,667

$658,308

5.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$585

MAY

$680,000

JUN JUL

MEDIAN SALES PRICE

AUG

$442

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$680 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


TORRANCE- COUNTY STRIP

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$450,000

$575,000

$450,000

$613,500

36.3%

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

$385

$414

$534

$383

-0.5%

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

2

8

1

4

100.0%

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

9

7

3

4

-55.6%

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

20

21

14

11

-45.0%

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

23

41

141

4

-82.6%

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

10

2.6

14

2.8

-72.5%

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

45.0%

33.3%

21.4%

36.4%

-19.2%

$509,679

$552,000

$581,667

$541,000

6.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$450

MAY

$613,500

JUN JUL

MEDIAN SALES PRICE

AUG

$383

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$613 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


TORRANCE- NORTH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$651,000

$667,000

$697,500

$737,500

13.3%

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

$450

$500

$456

$475

5.6%

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

21

17

12

12

-42.9%

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

11

11

10

13

18.2%

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

30

36

23

35

16.7%

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

8

27

14

20

150.0%

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

1.4

2.1

1.9

2.9

104.2%

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

36.7%

30.6%

43.5%

37.1%

1.3%

$632,104

$704,542

$724,917

$691,212

9.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$651

MAY

$737,500

JUN JUL

MEDIAN SALES PRICE

AUG

$475

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$737 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


TORRANCE- SOUTH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$890,500

$882,500

$981,500

$901,000

1.2%

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

$539

$542

$555

$634

17.6%

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

18

20

8

15

-16.7%

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

22

26

14

30

36.4%

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

49

63

35

59

20.4%

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

18

38

15

16

-11.1%

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

2.7

3.2

4.4

3.9

44.5%

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

44.9%

41.3%

40.0%

50.8%

13.3%

$898,636

$970,167

$972,000

$958,000

6.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$890

MAY

$901,000

JUN JUL

MEDIAN SALES PRICE

AUG

$634

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$901 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


TORRANCE- SOUTHEAST

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$610,000

$800,000

$660,000

$742,500

21.7%

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

$489

$397

$531

$443

-9.4%

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

5

10

6

12

140.0%

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

15

14

11

14

-6.7%

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

44

29

31

39

-11.4%

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

16

26

31

28

75.0%

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

8.8

2.9

5.2

3.2

-63.1%

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

34.1%

48.3%

35.5%

35.9%

5.3%

$648,188

$728,498

$738,167

$727,576

12.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$610

MAY

$742,500

JUN JUL

MEDIAN SALES PRICE

AUG

$443

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$742 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


TORRANCE- WEST

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$920,000

$901,500

$875,000

$984,750

7.0%

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

$573

$491

$534

$549

-4.2%

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

9

19

12

13

44.4%

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

18

13

8

19

5.6%

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

34

31

18

36

5.9%

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

33

17

21

10

-69.7%

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

3.8

1.6

1.5

2.8

-26.7%

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

52.9%

41.9%

44.4%

52.8%

-0.3%

$837,188

$919,375

$949,250

$913,712

9.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $920

APR MAY

$984,750

JUN JUL

MEDIAN SALES PRICE

AUG

$549

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$984 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SAN FERNANDO VALLEY MACRO MARKET

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,010,313

$958,941

$996,412

$1,024,000

1.4%

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

$459

$475

$447

$504

10.0%

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

27

28

21

28

4.8%

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

31

34

25

34

11.0%

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

60

65

48

64

7.9%

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

65

56

56

46

-29.3%

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

2.2

2.3

2.3

2.3

3.0%

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

51.5%

52.8%

52.5%

52.9%

2.8%

$915,857

$1,024,020

$1,030,275

$977,030

6.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.010

MAY

$1,024,000

JUN JUL

MEDIAN SALES PRICE

AUG

$504

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.024 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


AGOURA HILLS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,095,000

$925,000

$790,000

$847,000

-22.6%

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

$369

$389

$412

$470

27.4%

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

20

14

14

13

-35.0%

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

22

12

20

18

-18.2%

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

47

60

44

48

2.1%

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

71

54

93

53

-25.4%

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

2.4

4.3

3.1

3.7

57.1%

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

46.8%

20.0%

45.5%

37.5%

-19.9%

$890,917

$900,333

$897,333

$961,231

7.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.095

APR MAY

$847,000

JUN JUL

MEDIAN SALES PRICE

AUG

$470

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$847 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BURBANK

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$729,000

$811,000

$825,000

$871,000

19.5%

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

$491

$518

$485

$535

9.0%

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

48

50

37

35

-27.1%

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

52

69

32

55

5.8%

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

74

69

45

54

-27.0%

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

34

39

56

30

-11.8%

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

1.5

1.4

1.2

1.5

0.1%

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

70.3%

100.0%

71.1%

101.9%

44.9%

$753,083

$836,667

$843,333

$811,308

7.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$729

MAY

$871,000

JUN JUL

MEDIAN SALES PRICE

AUG

$535

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$871 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CALABASAS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,060,000

$1,135,000

$1,520,000

$1,290,000

21.7%

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

$475

$439

$439

$472

-0.6%

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

23

13

11

33

43.5%

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

28

34

24

26

-7.1%

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

88

71

64

94

6.8%

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

77

96

107

53

-31.2%

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

3.8

5.5

5.8

2.8

-25.6%

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

31.8%

47.9%

37.5%

27.7%

-13.1%

$1,390,083

$1,425,500

$1,338,333

$1,357,769

-2.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.060

MAY

$1,290,000

JUN JUL

MEDIAN SALES PRICE

AUG

$472

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.290 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ENCINO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,300,000

$1,283,000

$1,785,000

$1,185,000

-8.8%

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

$487

$573

$542

$552

13.3%

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

29

46

23

41

41.4%

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

50

36

38

49

-2.0%

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

102

102

75

103

1.0%

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

81

56

70

52

-35.8%

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

3.5

2.2

3.3

2.5

-28.6%

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

49.0%

35.3%

50.7%

47.6%

-3.0%

$1,256,917

$1,474,000

$1,398,000

$1,399,154

11.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.300

MAY

$1,185,000

JUN JUL

MEDIAN SALES PRICE

AUG

$552

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.185 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


GLENDALE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$927,000

$985,000

$882,000

$1,250,000

34.8%

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

$530

$486

$479

$511

-3.6%

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

56

59

59

35

-37.5%

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

73

66

46

56

-23.3%

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

88

113

58

88

0.0%

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

36

47

50

50

38.9%

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

1.6

1.4

1.8

1.6

-3.8%

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

72.5%

73.9%

51.5%

83.0%

14.4%

$872,167

$973,167

$1,041,333

$949,500

8.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$850

MAY

$1,250,000

JUN JUL

MEDIAN SALES PRICE

AUG

$511

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$927 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LA CRESCENTA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$840,000

$775,000

$965,000

$1,025,000

22.0%

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

$497

$515

$553

$504

1.4%

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

21

16

17

17

-19.0%

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

17

11

11

20

17.6%

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

22

25

14

24

9.1%

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

53

34

33

30

-43.4%

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

1

1.6

0.8

1.4

34.8%

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

77.3%

44.0%

78.6%

83.3%

7.8%

$817,000

$915,000

$941,333

$876,538

7.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$840

MAY

$1,025,000

JUN JUL

MEDIAN SALES PRICE

AUG

$504

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.025 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


NORTH HOLLYWOOD

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$568,000

$600,000

$625,000

$644,000

13.4%

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

$406

$460

$400

$451

11.1%

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

26

30

18

24

-7.7%

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

45

56

23

46

2.2%

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

52

58

35

44

-15.4%

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

56

51

66

67

19.6%

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

2

1.9

1.9

1.8

-8.3%

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

86.5%

96.6%

65.7%

104.5%

20.8%

$537,250

$624,167

$642,333

$603,462

12.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$568

MAY

$644,000

JUN JUL

MEDIAN SALES PRICE

AUG

$451

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$644 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SHADOW HILLS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,142,000

$728,000

$0

$880,000

-22.9%

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

$322

$363

$0

$474

47.2%

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

6

2

0

6

0.0%

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

3

6

4

4

33.3%

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

12

8

13

15

25.0%

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

122

85

0

24

-80.3%

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

2

4

n/a

2.5

25.0%

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

25.0%

75.0%

30.8%

26.7%

6.7%

$747,667

$640,167

$593,333

$768,615

2.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.142

APR MAY

$880,000

JUN JUL

MEDIAN SALES PRICE

AUG

$474

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$880 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SHERMAN OAKS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,125,000

$1,195,000

$1,220,000

$1,420,000

26.2%

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

$515

$552

$548

$618

20.0%

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

47

55

35

52

10.6%

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

50

60

45

53

6.0%

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

106

114

81

117

10.4%

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

70

51

58

58

-17.1%

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

2.3

2.1

2.3

2.2

-0.2%

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

47.2%

52.6%

55.6%

45.3%

-4.0%

$1,156,583

$1,268,167

$1,324,667

$1,208,000

4.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.125

MAY

$1,420,000

JUN JUL

MEDIAN SALES PRICE

AUG

$618

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.420 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


STUDIO CITY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,526,000

$1,325,000

$1,965,000

$1,400,000

-8.3%

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

$606

$602

$601

$642

5.9%

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

31

29

21

33

6.5%

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

33

38

37

28

-15.2%

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

73

71

54

77

5.5%

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

59

53

67

46

-22.0%

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

2.4

2.4

2.6

2.3

-0.9%

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

45.2%

53.5%

68.5%

36.4%

-19.6%

$1,441,667

$1,476,667

$1,415,000

$1,411,846

-2.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.526

MAY

$1,400,000

JUN JUL

MEDIAN SALES PRICE

AUG

$642

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SUN VALLEY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$523,000

$533,000

$582,000

$538,000

2.9%

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

$417

$361

$400

$415

-0.5%

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

12

13

14

18

50.0%

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

18

20

17

19

5.6%

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

20

21

17

24

20.0%

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

37

31

41

45

21.6%

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

1.7

1.6

1.2

1.3

-20.0%

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

90.0%

95.2%

100.0%

79.2%

-12.0%

$491,667

$550,000

$526,667

$544,462

10.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$523

MAY

$538,000

JUN JUL

MEDIAN SALES PRICE

AUG

$415

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$538 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SUNLAND/TUJUNGA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$664,000

$525,000

$612,000

$593,000

-10.7%

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

$329

$396

$427

$433

31.6%

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

16

14

15

16

0.0%

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

13

22

15

22

69.2%

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

19

21

15

24

26.3%

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

62

34

31

44

-29.0%

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

1.2

1.5

1

1.5

26.3%

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

68.4%

104.8%

100.0%

91.7%

34.0%

$577,083

$584,000

$602,333

$585,769

1.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $664

APR MAY

$593,000

JUN JUL

MEDIAN SALES PRICE

AUG

$433

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$593 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


TARZANA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,065,000

$1,100,000

$803,000

$1,273,000

19.5%

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

$361

$436

$462

$453

25.5%

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

21

27

20

24

14.3%

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

22

20

23

23

4.5%

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

70

83

77

87

24.3%

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

51

61

66

55

7.8%

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

3.3

3.1

3.8

3.6

8.7%

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

31.4%

24.1%

29.9%

26.4%

-15.9%

$1,040,333

$1,080,333

$1,216,000

$1,075,231

3.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.065

MAY

$1,273,000

JUN JUL

MEDIAN SALES PRICE

AUG

$453

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.273 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


TOLUCA LAKE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,890,000

$1,390,000

$1,508,000

$1,263,000

-33.2%

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

$722

$611

$558

$598

-17.2%

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

3

3

4

6

100.0%

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

3

4

8

11

266.7%

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

14

17

16

24

71.4%

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

70

86

33

37

-47.1%

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

4.7

5.7

4

4

-14.3%

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

21.4%

23.5%

50.0%

45.8%

113.9%

$1,406,583

$1,559,833

$1,602,000

$1,606,692

14.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $1.890

APR MAY

$1,263,000

JUN JUL

MEDIAN SALES PRICE

AUG

$598

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.263 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


VALLEY VILLAGE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$850,000

$945,000

$967,000

$1,195,000

40.6%

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

$508

$540

$507

$548

7.9%

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

13

12

10

9

-30.8%

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

16

22

6

21

31.2%

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

22

23

18

22

0.0%

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

81

36

81

54

-33.3%

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

1.7

1.9

1.8

2.4

44.4%

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

72.7%

95.7%

33.3%

95.5%

31.2%

$903,083

$1,046,167

$1,071,333

$1,007,462

11.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$850

MAY

$1,195,000

JUN JUL

MEDIAN SALES PRICE

AUG

$548

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.195 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WESTLAKE VILLAGE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$999,000

$1,180,000

$985,000

$1,202,000

20.3%

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

$461

$457

$414

$454

-1.5%

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

27

25

11

31

14.8%

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

34

29

15

36

5.9%

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

98

97

88

105

7.1%

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

63

57

44

62

-1.6%

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

3.6

3.9

8

3.4

-6.7%

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

34.7%

29.9%

17.0%

34.3%

-1.2%

$1,242,500

$1,256,500

$1,304,333

$1,196,692

-3.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$999

MAY

$1,202,000

JUN JUL

MEDIAN SALES PRICE

AUG

$454

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.202 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WOODLAND HILLS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$789,000

$867,000

$905,000

$855,000

8.4%

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

$371

$377

$373

$424

14.3%

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

81

63

41

58

-28.4%

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

85

75

63

75

-11.8%

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

135

146

100

144

6.7%

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

56

80

56

38

-32.1%

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

1.7

2.3

2.4

2.5

49.0%

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

63.0%

51.4%

63.0%

52.1%

-17.3%

$820,917

$851,500

$864,667

$830,385

1.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$789

MAY

$855,000

JUN JUL

MEDIAN SALES PRICE

AUG

$424

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$855 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SAN GABRIEL VALLEY MACRO MARKET

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,022,833

$1,043,917

$1,148,083

$1,156,083

13.0%

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

$542

$549

$564

$593

9.3%

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

19

30

14

22

15.7%

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

27

31

18

26

-1.2%

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

57

90

46

56

-0.6%

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

48

45

53

36

-23.7%

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

3

3

3.2

2.5

-14.0%

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

47.3%

34.3%

39.4%

47.0%

-0.7%

$1,043,535

$1,108,417

$1,130,194

$1,080,904

3.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.022

MAY

$1,156,083

JUN JUL

MEDIAN SALES PRICE

AUG

$593

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.156 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ALHAMBRA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$622,000

$676,000

$805,000

$673,000

8.2%

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

$412

$448

$491

$473

14.8%

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

18

25

13

9

-50.0%

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

18

18

14

17

-5.6%

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

19

19

24

29

52.6%

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

75

31

41

13

-82.7%

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

1.1

0.8

1.8

3.2

205.3%

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

94.7%

94.7%

58.3%

58.6%

-38.1%

$634,167

$715,833

$703,333

$695,154

9.6%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$622

MAY

$673,000

JUN JUL

MEDIAN SALES PRICE

AUG

$473

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$673 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ALTADENA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$880,000

$779,000

$823,000

$747,000

-15.1%

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

$456

$459

$522

$484

6.1%

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

25

32

22

27

8.0%

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

38

41

28

52

36.8%

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

43

39

43

42

-2.3%

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

40

41

37

36

-10.0%

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

1.7

1.2

2

1.6

-9.6%

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

88.4%

105.1%

65.1%

123.8%

40.1%

$768,000

$798,833

$791,667

$814,231

6.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $880

APR MAY

$747,000

JUN JUL

MEDIAN SALES PRICE

AUG

$484

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$747 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ARCADIA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,204,000

$1,280,000

$1,390,000

$1,260,000

4.7%

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

$588

$520

$531

$573

-2.6%

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

32

36

22

39

21.9%

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

39

37

28

38

-2.6%

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

208

203

171

191

-8.2%

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

39

58

57

44

12.8%

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

6.5

5.6

7.8

4.9

-24.7%

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

18.8%

18.2%

16.4%

19.9%

6.1%

$1,291,250

$1,434,000

$1,466,667

$1,323,615

2.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.204

MAY

$1,260,000

JUN JUL

MEDIAN SALES PRICE

AUG

$573

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.260 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


DUARTE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$440,000

$468,000

$542,000

$555,000

26.1%

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

$352

$383

$391

$397

12.8%

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

9

20

10

14

55.6%

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

15

17

11

9

-40.0%

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

24

17

22

19

-20.8%

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

40

41

51

21

-47.5%

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

2.7

0.8

2.2

1.4

-49.1%

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

62.5%

100.0%

50.0%

47.4%

-24.2%

$477,917

$545,833

$559,333

$524,538

9.8%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$440

MAY

$555,000

JUN JUL

MEDIAN SALES PRICE

AUG

$397

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$555 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


EAGLE ROCK

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$670,000

$1,028,000

$1,081,000

$920,000

37.3%

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

$532

$525

$627

$594

11.7%

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

6

57

13

17

183.3%

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

8

64

17

23

187.5%

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

15

234

17

21

40.0%

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

23

47

65

38

65.2%

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

2.5

4.1

1.3

1.2

-50.6%

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

53.3%

27.4%

100.0%

109.5%

105.4%

$789,667

$908,167

$881,667

$863,000

9.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$670

MAY

$920,000

JUN JUL

MEDIAN SALES PRICE

AUG

$594

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$920 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LA CANADA FLINTRIDGE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,856,000

$1,360,000

$2,275,000

$1,895,000

2.1%

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

$654

$570

$652

$720

10.1%

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

14

55

10

28

100.0%

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

18

59

8

32

77.8%

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

55

239

33

55

0.0%

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

47

56

35

43

-8.5%

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

3.9

4.3

3.3

2

-50.0%

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

32.7%

24.7%

24.2%

58.2%

77.8%

$1,770,667

$1,834,167

$1,741,333

$1,762,077

-0.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.856

MAY

$1,895,000

JUN JUL

MEDIAN SALES PRICE

AUG

$720

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.895 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MONROVIA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$735,000

$695,000

$653,000

$710,000

-3.4%

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

$482

$462

$470

$484

0.4%

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

14

20

14

13

-7.1%

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

25

27

18

19

-24.0%

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

31

40

23

38

22.6%

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

50

42

48

33

-34.0%

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

2.2

2

1.6

2.9

32.0%

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

80.6%

67.5%

78.3%

50.0%

-38.0%

$652,250

$708,833

$708,667

$710,462

8.9%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $735

APR MAY

$710,000

JUN JUL

MEDIAN SALES PRICE

AUG

$484

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$710 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


PASADENA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$884,000

$940,000

$899,000

$1,054,000

19.2%

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

$600

$573

$553

$605

0.8%

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

65

67

32

74

13.8%

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

100

64

52

79

-21.0%

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

173

152

122

168

-2.9%

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

36

45

74

41

13.9%

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

2.7

2.3

3.8

2.3

-14.7%

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

57.8%

42.1%

42.6%

47.0%

-18.6%

$847,583

$989,833

$1,038,000

$967,846

14.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$884

MAY

$1,054,000

JUN JUL

MEDIAN SALES PRICE

AUG

$605

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.054 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SAN GABRIEL

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$748,000

$760,000

$828,000

$720,000

-3.7%

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

$477

$492

$478

$600

25.8%

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

23

22

18

20

-13.0%

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

30

16

23

18

-40.0%

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

37

54

27

31

-16.2%

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

40

33

34

29

-27.5%

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

1.6

2.5

1.5

1.6

-3.6%

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

81.1%

29.6%

85.2%

58.1%

-28.4%

$732,583

$806,833

$783,333

$793,538

8.3%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$748

MAY

$720,000

JUN JUL

MEDIAN SALES PRICE

AUG

$600

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$720 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SAN MARINO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,840,000

$2,438,000

$2,088,000

$2,535,000

37.8%

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

$804

$932

$724

$857

6.6%

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

4

11

6

7

75.0%

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

13

12

7

6

-53.8%

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

44

48

37

51

15.9%

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

38

63

115

67

76.3%

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

11

4.4

6.2

7.3

-33.8%

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

29.5%

25.0%

18.9%

11.8%

-60.2%

$2,216,167

$2,078,333

$2,233,333

$2,105,846

-5.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.840

MAY

$2,535,000

JUN JUL

MEDIAN SALES PRICE

AUG

$857

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.535 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SIERRA MADRE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,100,000

$865,000

$693,000

$1,069,000

-2.8%

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

$536

$522

$643

$575

7.3%

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

9

6

4

11

22.2%

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

2

6

7

10

400.0%

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

23

24

18

18

-21.7%

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

90

41

36

26

-71.1%

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

2.6

4

4.5

1.6

-36.0%

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

8.7%

25.0%

38.9%

55.6%

538.9%

$1,023,417

$920,833

$997,333

$998,692

-2.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.100

MAY

$1,069,000

JUN JUL

MEDIAN SALES PRICE

AUG

$575

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.069 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SOUTH PASADENA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,295,000

$1,238,000

$1,700,000

$1,735,000

34.0%

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

$611

$706

$689

$749

22.6%

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

11

5

8

7

-36.4%

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

15

10

3

14

-6.7%

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

7

12

11

12

71.4%

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

55

39

38

46

-16.4%

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

0.6

2.4

1.4

1.7

169.4%

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

214.3%

83.3%

27.3%

116.7%

-45.6%

$1,318,750

$1,559,500

$1,657,667

$1,411,846

7.1%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.295

MAY

$1,735,000

JUN JUL

MEDIAN SALES PRICE

AUG

$749

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.735 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ORANGE COUNTY

ORANGE COUNTY MACRO

IRVINE

NEWPORT HEIGHTS

ALISO VIEJO

LADERA RANCH

RANCHO SANTA MARGARITA

BALBOA PENINSULA

LAGUNA BEACH

SAN CLEMENTE

CORONA DEL MAR - SPYGLASS

LAGUNA HILLS

SAN JUAN CAPISTRANO

COTO DE CAZA

LAGUNA NIGUEL

SEAL BEACH

CRYSTAL COVE

LAGUNA WOODS

SHADY CANYON

DANA POINT

LOWER NEWPORT BAY - BALBOA ISLAND

TURTLE RIDGE

EAST BLUFF - HARBOR VIEW

MISSION VIEJO

TURTLE ROCK

EAST COSTA MESA

NELLE GAIL

WESTMINSTER

FOUNTAIN VALLEY

NEWPORT BEACH

WEST BAY - SANTA ANA HEIGHTS

HUNTINGTON BEACH

NEWPORT COAST

WEST NEWPORT - LIDO

Micro Market Report : April 2018


COUNTY: ORANGE AREA: 948 SQ MILES FOUNDED: 1889

Micro Market Report : April 2018


ORANGE COUNTY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$770,000

$776,000

$775,000

$810,000

5.2%

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

$448

$477

$469

$511

14.1%

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

1623

1605

1063

1621

-0.1%

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

1982

1647

1352

1855

-6.4%

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

6,375

5,810

4,546

6,152

-3.5%

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

40

51

51

34

-15.0%

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

3.9

3.6

4.3

3.8

-3.4%

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

31.1%

28.3%

29.7%

30.2%

-3.0%

$742,288

$795,167

$810,333

$788,346

6.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $770

APR MAY

$810,000

JUN JUL

MEDIAN SALES PRICE

AUG

$511

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$810 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ALISO VIEJO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$869,000

$787,450

$859,000

$865,500

-0.4%

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

$369

$382

$354

$410

11.1%

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

15

28

9

16

6.7%

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

29

14

12

19

-34.5%

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

68

35

21

39

-42.6%

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

26

49

42

25

-3.8%

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

4.5

1.2

2.3

2.4

-46.2%

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

42.6%

40.0%

57.1%

48.7%

14.2%

$792,954

$819,167

$830,333

$824,958

4.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT $869

APR MAY

$865,500

JUN JUL

MEDIAN SALES PRICE

AUG

$410

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$865 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BALBOA PENINSULA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,800,000

$3,450,000

$3,600,000

$2,998,500

7.1%

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

$1,163

$1,593

$1,475

$1,425

22.5%

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

10

5

10

11

10.0%

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

11

8

3

7

-36.4%

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

45

35

30

49

8.9%

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

91

172

82

49

-46.2%

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

4.5

7

3

4.5

-1.0%

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

24.4%

22.9%

10.0%

14.3%

-41.6%

$3,702,250

$4,789,750

$6,521,167

$3,794,308

2.5%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$2.800

MAY

$2,998,500

JUN JUL

MEDIAN SALES PRICE

AUG

$1,425

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.998 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CORONA DEL MAR - SPYGLASS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$2,535,000

$3,270,000

$3,600,000

$3,850,000

51.9%

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

$1,077

$1,519

$1,108

$1,464

35.9%

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

10

8

13

13

30.0%

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

11

12

12

20

81.8%

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

84

79

75

91

8.3%

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

55

89

172

68

23.6%

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

8.4

9.9

5.8

7

-16.7%

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

13.1%

15.2%

16.0%

22.0%

67.8%

$2,853,644

$3,270,677

$3,538,687

$2,988,863

4.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$2.535

MAY

$3,850,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,464

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.850 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


COTO DE CAZA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,060,000

$1,295,000

$1,350,000

$1,252,500

18.2%

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

$362

$352

$330

$356

-1.7%

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

17

18

3

18

5.9%

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

34

17

15

17

-50.0%

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

143

112

93

133

-7.0%

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

61

66

62

35

-42.6%

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

8.4

6.2

31

7.4

-12.2%

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

23.8%

15.2%

16.1%

12.8%

-46.2%

$1,170,835

$1,241,588

$1,189,176

$1,237,887

5.7%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.060

MAY

$1,252,500

JUN JUL

MEDIAN SALES PRICE

AUG

$356

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.252 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CRYSTAL COVE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$8,600,000

$6,215,000

$4,300,000

$9,530,000

10.8%

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

$1,286

$1,276

$1,074

$1,290

0.3%

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

3

6

1

3

0.0%

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

6

3

3

3

-50.0%

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

30

23

24

27

-10.0%

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

49

34

112

60

22.4%

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

10

3.8

24

9

-10.0%

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

20.0%

13.0%

12.5%

11.1%

-44.4%

$5,562,313

$8,901,922

$12,210,000

$8,408,461

51.2%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$8.600

MAY

$9,530,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,290

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$9.530 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


DANA POINT

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,160,000

$1,162,500

$1,050,000

$1,042,500

-10.1%

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

$588

$654

$502

$799

35.9%

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

33

36

17

32

-3.0%

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

23

33

23

30

30.4%

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

171

176

134

168

-1.8%

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

77

70

83

76

-1.3%

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

5.2

4.9

7.9

5.2

1.3%

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

13.5%

18.8%

17.2%

17.9%

32.8%

$998,563

$1,149,750

$1,126,500

$1,142,154

14.4%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.160

MAY

$1,042,500

JUN JUL

MEDIAN SALES PRICE

AUG

$799

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.042 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


EAST BLUFF - HARBOR VIEW

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$1,725,000

$2,115,000

$3,025,000

$2,072,500

20.1%

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

$743

$748

$675

$743

0.0%

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

15

15

9

20

33.3%

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

20

12

21

21

5.0%

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

114

95

95

110

-3.5%

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

55

69

67

58

5.5%

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

7.6

6.3

10.6

5.5

-27.6%

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

17.5%

12.6%

22.1%

19.1%

8.8%

$1,893,593

$2,154,833

$2,092,500

$2,082,038

10.0%

Average Median Price for Last 12 Months

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

CURRENT MARKET SNAPSHOT APR

$1.725

MAY

$2,072,500

JUN JUL

MEDIAN SALES PRICE

AUG

$743

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.072 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


EAST COSTA MESA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

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

$995,000

$992,873

$907,000

$999,500

0.5%

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

$551

$606

$490

$595

8.0%

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

11

19

10

7

-36.4%

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

15

21

19

17

13.3%

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

60

84

65

70

16.7%

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

37

63

52

43

16.2%

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

5.5

4.4

6.5

10

83.3%

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

25.0%

25.0%

29.2%

24.3%

-2.9%

$1,027,779

$1,088,750

$1,150,167

$1,043,452

1.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$995

MAY

$999,500

JUN JUL

MEDIAN SALES PRICE

AUG

$595

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

10 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$999 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


FOUNTAIN VALLEY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$827,500

$763,500

$785,000

$810,000

-2.1%

Average Price per Square Foot ..............

$395

$416

$401

$405

2.5%

Properties Sold ...................................

32

22

19

25

-21.9%

Properties Pending Sale .......................

30

23

18

30

0.0%

Properties For Sale ..............................

64

61

50

60

-6.2%

Days on Market (Pending Sale) .............

21

31

22

25

19.0%

Month’s Supply of Inventory .................

2

2.8

2.6

2.4

20.0%

Percent Under Contract .......................

46.9%

37.7%

36.0%

50.0%

6.7%

$766,183

$803,083

$828,500

$790,962

3.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $827

APR MAY

$810,000

JUN JUL

MEDIAN SALES PRICE

AUG

$405

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$810 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


HUNTINGTON BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$800,000

$877,000

$830,000

$900,000

12.5%

Average Price per Square Foot ..............

$476

$497

$506

$537

12.8%

Properties Sold ...................................

87

105

59

89

2.3%

Properties Pending Sale .......................

117

110

62

120

2.6%

Properties For Sale ..............................

295

295

218

314

6.4%

Days on Market (Pending Sale) .............

39

42

45

28

-28.2%

Month’s Supply of Inventory .................

3.4

2.8

3.7

3.5

4.0%

Percent Under Contract .......................

39.7%

37.3%

28.4%

38.2%

-3.6%

$815,292

$889,083

$902,333

$879,269

7.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$800

MAY

$900,000

JUN JUL

MEDIAN SALES PRICE

AUG

$537

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$900 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


IRVINE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,052,500

$1,080,000

$1,139,500

$1,249,000

18.7%

Average Price per Square Foot ..............

$530

$506

$548

$507

-4.3%

Properties Sold ...................................

94

81

64

98

4.3%

Properties Pending Sale .......................

136

97

90

129

-5.1%

Properties For Sale ..............................

430

365

335

457

6.3%

Days on Market (Pending Sale) .............

39

67

41

36

-7.7%

Month’s Supply of Inventory .................

4.6

4.5

5.2

4.7

1.9%

Percent Under Contract .......................

31.6%

26.6%

26.9%

28.2%

-10.8%

$1,078,739

$1,192,417

$1,215,000

$1,140,038

5.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.052

MAY

$1,249,000

JUN JUL

MEDIAN SALES PRICE

AUG

$507

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.249 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LADERA RANCH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,010,000

$871,500

$990,150

$1,095,000

8.4%

Average Price per Square Foot ..............

$358

$363

$340

$379

5.9%

Properties Sold ...................................

30

28

9

25

-16.7%

Properties Pending Sale .......................

24

29

23

41

70.8%

Properties For Sale ..............................

114

113

87

115

0.9%

Days on Market (Pending Sale) .............

33

63

46

30

-9.1%

Month’s Supply of Inventory .................

3.8

4

9.7

4.6

21.1%

Percent Under Contract .......................

21.1%

25.7%

26.4%

35.7%

69.3%

$899,083

$1,003,925

$983,000

$953,192

6.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.010

APR MAY

$1,095,000

JUN JUL

MEDIAN SALES PRICE

AUG

$379

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.095 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LAGUNA BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$2,942,500

$1,900,000

$2,600,000

$2,400,000

-18.4%

Average Price per Square Foot ..............

$1,154

$1,198

$1,106

$1,529

32.5%

Properties Sold ...................................

22

31

21

38

72.7%

Properties Pending Sale .......................

36

31

20

24

-33.3%

Properties For Sale ..............................

243

264

213

270

11.1%

Days on Market (Pending Sale) .............

67

89

106

70

4.5%

Month’s Supply of Inventory .................

11

8.5

10.1

7.1

-35.7%

Percent Under Contract .......................

14.8%

11.7%

9.4%

8.9%

-40.0%

$2,036,466

$2,215,458

$2,193,750

$2,109,635

3.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $2.942

APR MAY

$2,400,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,529

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.400 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LAGUNA NIGUEL

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$952,750

$1,010,000

$933,000

$1,005,000

5.5%

Average Price per Square Foot ..............

$410

$440

$448

$448

9.3%

Properties Sold ...................................

54

53

23

53

-1.9%

Properties Pending Sale .......................

78

58

52

56

-28.2%

Properties For Sale ..............................

255

220

162

217

-14.9%

Days on Market (Pending Sale) .............

41

63

60

43

4.9%

Month’s Supply of Inventory .................

4.7

4.2

7

4.1

-13.3%

Percent Under Contract .......................

30.6%

26.4%

32.1%

25.8%

-15.6%

$889,517

$938,692

$953,083

$951,185

6.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $952

APR MAY

$1,005,000

JUN JUL

MEDIAN SALES PRICE

AUG

$448

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.005 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LAGUNA HILLS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$847,500

$815,000

$763,000

$850,000

0.3%

Average Price per Square Foot ..............

$351

$386

$398

$396

12.8%

Properties Sold ...................................

17

23

11

17

0.0%

Properties Pending Sale .......................

25

24

16

25

0.0%

Properties For Sale ..............................

112

90

59

94

-16.1%

Days on Market (Pending Sale) .............

34

70

68

23

-32.4%

Month’s Supply of Inventory .................

6.6

3.9

5.4

5.5

-16.1%

Percent Under Contract .......................

22.3%

26.7%

27.1%

26.6%

19.1%

$833,009

$906,083

$964,333

$869,731

4.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$847

MAY

$850,000

JUN JUL

MEDIAN SALES PRICE

AUG

$396

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$850 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LAGUNA WOODS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$0

$0

$0

$0

n/a

Average Price per Square Foot ..............

$0

$0

$0

$0

n/a

Properties Sold ...................................

0

0

0

0

n/a

Properties Pending Sale .......................

0

0

0

0

n/a

Properties For Sale ..............................

0

0

1

3

n/a

Days on Market (Pending Sale) .............

0

0

0

0

n/a

Month’s Supply of Inventory .................

n/a

n/a

n/a

n/a

n/a

Percent Under Contract .......................

n/a

n/a

0.0%

0.0%

n/a

$75,833

$854,833

$860,000

$854,833

1027.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro 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

N/A MONTH’S SUPPLY OF INVENTORY

FEB MAR APR MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LANTERN VILLAGE IN DANA POINT

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,072,500

$1,025,000

$1,535,000

$875,000

-18.4%

Average Price per Square Foot ..............

$504

$828

$463

$549

8.9%

Properties Sold ...................................

8

6

4

3

-62.5%

Properties Pending Sale .......................

2

12

2

3

50.0%

Properties For Sale ..............................

15

36

15

24

60.0%

Days on Market (Pending Sale) .............

164

89

6

89

-45.7%

Month’s Supply of Inventory .................

1.9

6

3.8

8

326.7%

Percent Under Contract .......................

13.3%

33.3%

13.3%

12.5%

-6.2%

$934,875

$1,064,083

$964,333

$1,097,577

17.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.072

MAY

$875,000

JUN JUL

MEDIAN SALES PRICE

AUG

$549

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$875 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LOWER NEWPORT BAY - BALBOA ISLAND

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$4,614,000

$4,175,000

$3,800,000

$3,750,000

-18.7%

Average Price per Square Foot ..............

$1,875

$1,438

$1,514

$1,459

-22.2%

Properties Sold ...................................

2

8

3

5

150.0%

Properties Pending Sale .......................

5

7

5

2

-60.0%

Properties For Sale ..............................

30

37

22

31

3.3%

Days on Market (Pending Sale) .............

110

110

98

4

-96.4%

Month’s Supply of Inventory .................

15

4.6

7.3

6.2

-58.7%

Percent Under Contract .......................

16.7%

18.9%

22.7%

6.5%

-61.3%

$3,247,900

$3,405,417

$3,555,833

$3,564,488

9.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $4.614

APR MAY

$3,750,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,459

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.750 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MISSION VIEJO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$737,000

$735,000

$725,000

$770,000

4.5%

Average Price per Square Foot ..............

$359

$366

$387

$375

4.5%

Properties Sold ...................................

86

84

69

91

5.8%

Properties Pending Sale .......................

101

86

72

90

-10.9%

Properties For Sale ..............................

270

219

189

264

-2.2%

Days on Market (Pending Sale) .............

31

44

45

32

3.2%

Month’s Supply of Inventory .................

3.1

2.6

2.7

2.9

-7.6%

Percent Under Contract .......................

37.4%

39.3%

38.1%

34.1%

-8.9%

$703,496

$748,667

$764,167

$744,250

5.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $737

APR MAY

$770,000

JUN JUL

MEDIAN SALES PRICE

AUG

$375

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$770 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MONARCH BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,400,000

$1,654,500

$1,225,000

$1,900,000

35.7%

Average Price per Square Foot ..............

$639

$852

$675

$1,054

64.9%

Properties Sold ...................................

15

12

6

11

-26.7%

Properties Pending Sale .......................

10

8

10

13

30.0%

Properties For Sale ..............................

86

70

62

82

-4.7%

Days on Market (Pending Sale) .............

57

53

62

88

54.4%

Month’s Supply of Inventory .................

5.7

5.8

10.3

7.5

30.0%

Percent Under Contract .......................

11.6%

11.4%

16.1%

15.9%

36.3%

$1,777,531

$1,619,000

$1,758,000

$1,597,590

-10.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.400

MAY

$1,900,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,054

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.900 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


NELLE GAIL

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$898,700

$815,000

$763,000

$850,000

-5.4%

Average Price per Square Foot ..............

$351

$386

$398

$396

12.8%

Properties Sold ...................................

16

22

11

17

6.2%

Properties Pending Sale .......................

24

24

16

24

0.0%

Properties For Sale ..............................

111

91

59

92

-17.1%

Days on Market (Pending Sale) .............

29

70

68

23

-20.7%

Month’s Supply of Inventory .................

6.9

4.1

5.4

5.4

-22.0%

Percent Under Contract .......................

21.6%

26.4%

27.1%

26.1%

20.7%

$850,232

$905,250

$966,833

$874,631

2.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$898

MAY

$850,000

JUN JUL

MEDIAN SALES PRICE

AUG

$396

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$850 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


NEWPORT BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$2,100,000

$2,450,000

$3,025,000

$2,162,500

3.0%

Average Price per Square Foot ..............

$919

$1,002

$1,015

$1,046

13.8%

Properties Sold ...................................

51

55

33

62

21.6%

Properties Pending Sale .......................

61

52

49

55

-9.8%

Properties For Sale ..............................

342

311

258

343

0.3%

Days on Market (Pending Sale) .............

70

89

64

50

-28.6%

Month’s Supply of Inventory .................

6.7

5.7

7.8

5.5

-17.5%

Percent Under Contract .......................

17.8%

16.7%

19.0%

16.0%

-10.1%

$2,032,775

$2,253,750

$2,107,500

$2,297,692

13.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$2.100

MAY

$2,162,500

JUN JUL

MEDIAN SALES PRICE

AUG

$1,046

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.162 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


NEWPORT COAST

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$3,337,500

$3,430,000

$2,677,500

$3,154,000

-5.5%

Average Price per Square Foot ..............

$996

$990

$775

$1,156

16.1%

Properties Sold ...................................

14

25

6

14

0.0%

Properties Pending Sale .......................

26

19

14

11

-57.7%

Properties For Sale ..............................

125

103

79

93

-25.6%

Days on Market (Pending Sale) .............

111

77

70

67

-39.6%

Month’s Supply of Inventory .................

8.9

4.1

13.2

6.6

-25.6%

Percent Under Contract .......................

20.8%

18.4%

17.7%

11.8%

-43.1%

$3,050,927

$3,409,083

$3,304,667

$3,749,385

22.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$3.337

MAY

$3,154,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,156

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.154 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


NEWPORT HEIGHTS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,950,000

$2,250,000

$3,230,000

$2,045,000

4.9%

Average Price per Square Foot ..............

$707

$889

$718

$831

17.5%

Properties Sold ...................................

8

8

2

7

-12.5%

Properties Pending Sale .......................

4

10

5

7

75.0%

Properties For Sale ..............................

32

39

33

35

9.4%

Days on Market (Pending Sale) .............

91

38

64

56

-38.5%

Month’s Supply of Inventory .................

4

4.9

16.5

5

25.0%

Percent Under Contract .......................

12.5%

25.6%

15.2%

20.0%

60.0%

$1,815,260

$2,425,333

$2,589,167

$2,488,885

37.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.950

MAY

$2,045,000

JUN JUL

MEDIAN SALES PRICE

AUG

$831

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.045 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


RANCHO SANTA MARGARITA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$710,000

$706,500

$821,500

$826,000

16.3%

Average Price per Square Foot ..............

$352

$360

$335

$357

1.4%

Properties Sold ...................................

43

27

24

39

-9.3%

Properties Pending Sale .......................

62

43

28

44

-29.0%

Properties For Sale ..............................

137

109

66

127

-7.3%

Days on Market (Pending Sale) .............

23

34

32

20

-13.0%

Month’s Supply of Inventory .................

3.2

4

2.8

3.3

2.2%

Percent Under Contract .......................

45.3%

39.4%

42.4%

34.6%

-23.4%

$725,000

$794,500

$802,833

$778,269

7.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$710

MAY

$826,000

JUN JUL

MEDIAN SALES PRICE

AUG

$357

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$826 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SAN CLEMENTE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,083,000

$995,063

$1,000,000

$1,000,000

-7.7%

Average Price per Square Foot ..............

$467

$418

$437

$416

-10.9%

Properties Sold ...................................

55

57

42

75

36.4%

Properties Pending Sale .......................

85

59

44

90

5.9%

Properties For Sale ..............................

309

259

196

309

0.0%

Days on Market (Pending Sale) .............

60

69

71

43

-28.3%

Month’s Supply of Inventory .................

5.6

4.5

4.7

4.1

-26.7%

Percent Under Contract .......................

27.5%

22.8%

22.4%

29.1%

5.9%

$938,256

$1,020,500

$1,049,500

$1,005,051

7.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.083

APR MAY

$1,000,000

JUN JUL

MEDIAN SALES PRICE

AUG

$416

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.000 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SAN JUAN CAPISTRANO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,065,000

$721,000

$1,286,544

$975,000

-8.5%

Average Price per Square Foot ..............

$376

$370

$418

$397

5.6%

Properties Sold ...................................

34

32

28

25

-26.5%

Properties Pending Sale .......................

38

33

34

32

-15.8%

Properties For Sale ..............................

172

167

132

159

-7.6%

Days on Market (Pending Sale) .............

65

63

81

37

-43.1%

Month’s Supply of Inventory .................

5.1

5.2

4.7

6.4

25.7%

Percent Under Contract .......................

22.1%

19.8%

25.8%

20.1%

-8.9%

$938,396

$1,074,007

$1,075,000

$1,053,140

12.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.065

MAY

$975,000

JUN JUL

MEDIAN SALES PRICE

AUG

$397

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$975 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SEAL BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$955,000

$917,500

$919,000

$1,039,500

8.8%

Average Price per Square Foot ..............

$530

$521

$528

$510

-3.8%

Properties Sold ...................................

9

14

7

12

33.3%

Properties Pending Sale .......................

14

13

15

14

0.0%

Properties For Sale ..............................

43

38

27

36

-16.3%

Days on Market (Pending Sale) .............

63

166

83

24

-61.9%

Month’s Supply of Inventory .................

4.8

2.7

3.9

3

-37.2%

Percent Under Contract .......................

32.6%

34.2%

55.6%

38.9%

19.4%

$978,188

$1,002,250

$1,053,167

$990,150

1.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$955

MAY

$1,039,500

JUN JUL

MEDIAN SALES PRICE

AUG

$510

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.039 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SHADY CANYON

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$2,266,310

$1,900,000

$1,736,000

$2,299,000

1.4%

Average Price per Square Foot ..............

$747

$625

$821

$680

-9.0%

Properties Sold ...................................

13

7

8

14

7.7%

Properties Pending Sale .......................

22

12

10

17

-22.7%

Properties For Sale ..............................

88

74

62

79

-10.2%

Days on Market (Pending Sale) .............

63

166

83

45

-28.6%

Month’s Supply of Inventory .................

6.8

10.6

7.8

5.6

-16.6%

Percent Under Contract .......................

25.0%

16.2%

16.1%

21.5%

-13.9%

$1,895,359

$1,963,500

$1,969,167

$1,937,876

2.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$2.266

MAY

$2,299,000

JUN JUL

MEDIAN SALES PRICE

AUG

$680

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.299 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


TURTLE RIDGE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$2,266,310

$0

$0

$2,568,888

13.4%

Average Price per Square Foot ..............

$727

$0

$0

$747

2.8%

Properties Sold ...................................

5

0

0

3

-40.0%

Properties Pending Sale .......................

4

2

1

3

-25.0%

Properties For Sale ..............................

24

22

20

21

-12.5%

Days on Market (Pending Sale) .............

93

36

47

31

-66.7%

Month’s Supply of Inventory .................

4.8

n/a

n/a

7

45.8%

Percent Under Contract .......................

16.7%

9.1%

5.0%

14.3%

-14.3%

$2,174,205

$2,503,847

$2,410,963

$2,359,370

8.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$2.266

MAY

$2,568,888

JUN JUL

MEDIAN SALES PRICE

AUG

$747

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.568 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


TURTLE ROCK

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$2,277,500

$2,280,000

$1,500,000

$2,175,000

-4.5%

Average Price per Square Foot ..............

$802

$594

$608

$669

-16.6%

Properties Sold ...................................

6

4

5

6

0.0%

Properties Pending Sale .......................

18

6

5

9

-50.0%

Properties For Sale ..............................

52

25

21

28

-46.2%

Days on Market (Pending Sale) .............

56

250

87

34

-39.3%

Month’s Supply of Inventory .................

8.7

6.2

4.2

4.7

-46.2%

Percent Under Contract .......................

34.6%

24.0%

23.8%

32.1%

-7.1%

$1,731,917

$1,770,167

$1,757,000

$1,848,780

6.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$2.277

MAY

$2,175,000

JUN JUL

MEDIAN SALES PRICE

AUG

$669

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.175 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WESTMINSTER

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$645,000

$663,000

$656,550

$712,500

10.5%

Average Price per Square Foot ..............

$384

$375

$427

$382

-0.5%

Properties Sold ...................................

22

35

21

28

27.3%

Properties Pending Sale .......................

33

32

28

37

12.1%

Properties For Sale ..............................

83

70

59

89

7.2%

Days on Market (Pending Sale) .............

18

29

26

17

-5.6%

Month’s Supply of Inventory .................

3.8

2

2.8

3.2

-15.7%

Percent Under Contract .......................

39.8%

45.7%

47.5%

41.6%

4.6%

$615,125

$666,575

$690,000

$654,188

6.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$645

MAY

$712,500

JUN JUL

MEDIAN SALES PRICE

AUG

$382

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$712 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WEST BAY - SANTA ANA HEIGHTS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,572,500

$1,850,000

$1,793,980

$1,688,500

7.4%

Average Price per Square Foot ..............

$657

$766

$823

$706

7.5%

Properties Sold ...................................

10

10

4

6

-40.0%

Properties Pending Sale .......................

10

10

11

6

-40.0%

Properties For Sale ..............................

58

55

38

49

-15.5%

Days on Market (Pending Sale) .............

55

52

45

29

-47.3%

Month’s Supply of Inventory .................

5.8

5.5

9.5

8.2

40.8%

Percent Under Contract .......................

17.2%

18.2%

28.9%

12.2%

-29.0%

$1,585,938

$1,766,997

$1,729,333

$1,821,018

14.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.572

MAY

$1,688,500

JUN JUL

MEDIAN SALES PRICE

AUG

$706

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

8.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.688 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WEST NEWPORT - LIDO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$3,050,000

$1,975,000

$2,400,000

$2,395,000

-21.5%

Average Price per Square Foot ..............

$1,369

$1,183

$1,033

$1,499

9.5%

Properties Sold ...................................

6

9

5

13

116.7%

Properties Pending Sale .......................

10

5

4

12

20.0%

Properties For Sale ..............................

61

49

40

65

6.6%

Days on Market (Pending Sale) .............

70

152

51

0

%

Month’s Supply of Inventory .................

10.2

5.4

8

5

-50.8%

Percent Under Contract .......................

16.4%

10.2%

10.0%

18.5%

12.6%

$2,670,125

$3,348,167

$2,941,333

$3,155,333

18.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$3.050

MAY

$2,395,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,499

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.395 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SANTA BARBARA COUNTY

CARPINTERIA

SANTA BARBARA EAST OF STATE

GOLETA

SANTA BARBARA WEST OF STATE

HOPE RANCH

SANTA YNEZ

MONTECITO

Micro Market Report : April 2018


COUNTY: SANTA BARBARA AREA: 3,789 SQ MILES FOUNDED: 1850

Micro Market Report : April 2018


CARPINTERIA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,425,000

$1,295,000

$1,250,000

$917,791

-35.6%

Average Price per Square Foot ..............

$890

$1,823

$1,645

$497

-44.2%

Properties Sold ...................................

5

7

4

7

40.0%

Properties Pending Sale .......................

10

6

4

11

10.0%

Properties For Sale ..............................

43

38

28

31

-27.9%

Days on Market (Pending Sale) .............

28

60

24

41

46.4%

Month’s Supply of Inventory .................

8.6

5.4

7

4.4

-48.5%

Percent Under Contract .......................

23.3%

15.8%

14.3%

35.5%

52.6%

$1,065,063

$1,136,632

$1,088,430

$1,141,215

7.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.425

APR MAY

$917,791

JUN JUL

MEDIAN SALES PRICE

AUG

$497

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$917 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


GOLETA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$817,500

$840,000

$780,000

$866,125

5.9%

Average Price per Square Foot ..............

$506

$539

$523

$562

11.1%

Properties Sold ...................................

14

12

6

12

-14.3%

Properties Pending Sale .......................

11

12

14

11

0.0%

Properties For Sale ..............................

35

33

27

27

-22.9%

Days on Market (Pending Sale) .............

26

27

34

22

-15.4%

Month’s Supply of Inventory .................

2.5

2.8

4.5

2.2

-10.0%

Percent Under Contract .......................

31.4%

36.4%

51.9%

40.7%

29.6%

$840,302

$861,896

$844,125

$852,433

1.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$817

MAY

$866,125

JUN JUL

MEDIAN SALES PRICE

AUG

$562

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$866 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


HOPE RANCH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,833,258

$7,000,000

$5,400,000

$3,855,000

110.3%

Average Price per Square Foot ..............

$737

$734

$0

$832

12.9%

Properties Sold ...................................

1

5

1

3

200.0%

Properties Pending Sale .......................

1

3

8

3

200.0%

Properties For Sale ..............................

42

36

31

27

-35.7%

Days on Market (Pending Sale) .............

56

107

227

383

583.9%

Month’s Supply of Inventory .................

42

7.2

31

9

-78.6%

Percent Under Contract .......................

2.4%

8.3%

25.8%

11.1%

366.7%

$2,525,897

$3,858,350

$3,675,283

$3,547,128

40.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.833

MAY

$3,855,000

JUN JUL

MEDIAN SALES PRICE

AUG

$832

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$3.855 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MONTECITO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$2,405,000

$2,688,000

$2,697,500

$5,122,000

113.0%

Average Price per Square Foot ..............

$972

$834

$856

$1,333

37.1%

Properties Sold ...................................

17

9

10

2

-88.2%

Properties Pending Sale .......................

29

15

5

10

-65.5%

Properties For Sale ..............................

205

170

116

126

-38.5%

Days on Market (Pending Sale) .............

106

96

91

121

14.2%

Month’s Supply of Inventory .................

12.1

18.9

11.6

63

422.4%

Percent Under Contract .......................

14.1%

8.8%

4.3%

7.9%

-43.9%

$2,811,708

$3,233,495

$3,793,924

$3,152,672

12.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$2.405

MAY

$5,122,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,333

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

63 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$5.122 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SANTA BARBARA EAST OF STATE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,325,000

$1,393,500

$2,060,000

$1,375,000

3.8%

Average Price per Square Foot ..............

$704

$724

$692

$749

6.4%

Properties Sold ...................................

33

26

14

32

-3.0%

Properties Pending Sale .......................

30

27

31

29

-3.3%

Properties For Sale ..............................

130

126

109

133

2.3%

Days on Market (Pending Sale) .............

28

31

57

53

89.3%

Month’s Supply of Inventory .................

3.9

4.8

7.8

4.2

5.5%

Percent Under Contract .......................

23.1%

21.4%

28.4%

21.8%

-5.5%

$1,313,004

$1,540,252

$1,431,708

$1,431,347

9.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.325

MAY

$1,375,000

JUN JUL

MEDIAN SALES PRICE

AUG

$749

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.375 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SANTA BARBARA WEST OF STATE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,047,000

$1,165,000

$930,000

$1,222,500

16.8%

Average Price per Square Foot ..............

$716

$688

$696

$885

23.6%

Properties Sold ...................................

20

21

9

20

0.0%

Properties Pending Sale .......................

26

20

13

21

-19.2%

Properties For Sale ..............................

85

62

48

69

-18.8%

Days on Market (Pending Sale) .............

37

39

51

19

-48.6%

Month’s Supply of Inventory .................

4.2

3

5.3

3.4

-18.8%

Percent Under Contract .......................

30.6%

32.3%

27.1%

30.4%

-0.5%

$1,091,825

$1,193,167

$1,322,167

$1,153,462

5.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.047

MAY

$1,222,500

JUN JUL

MEDIAN SALES PRICE

AUG

$885

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.222 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SANTA YNEZ

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$950,000

$902,500

$1,670,000

$1,050,000

10.5%

Average Price per Square Foot ..............

$456

$423

$465

$496

8.8%

Properties Sold ...................................

23

16

9

13

-43.5%

Properties Pending Sale .......................

17

21

19

18

5.9%

Properties For Sale ..............................

141

150

123

151

7.1%

Days on Market (Pending Sale) .............

110

87

124

180

63.6%

Month’s Supply of Inventory .................

6.1

9.4

13.7

11.6

89.5%

Percent Under Contract .......................

12.1%

14.0%

15.4%

11.9%

-1.1%

$820,597

$973,667

$903,167

$918,058

11.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$950

MAY

$1,050,000

JUN JUL

MEDIAN SALES PRICE

AUG

$496

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

11.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.050 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MONTEREY COUNTY

CARMEL

PACIFIC GROVE

CARMEL VALLEY

PEBBLE BEACH

MARINA

SALINAS

MONTEREY

SEASIDE

Micro Market Report : April 2018


COUNTY: MONTEREY AREA: 3,771 SQ MILES FOUNDED: 1850

Micro Market Report : April 2018


CARMEL

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,415,000

$1,325,000

$2,055,000

$1,712,500

21.0%

Average Price per Square Foot ..............

$841

$1,029

$919

$747

-11.2%

Properties Sold ...................................

25

27

17

19

-24.0%

Properties Pending Sale .......................

19

33

21

35

84.2%

Properties For Sale ..............................

156

182

121

159

1.9%

Days on Market (Pending Sale) .............

99

95

87

98

-1.0%

Month’s Supply of Inventory .................

6.2

6.7

7.1

8.4

34.1%

Percent Under Contract .......................

12.2%

18.1%

17.4%

22.0%

80.7%

$1,468,750

$1,737,500

$1,752,500

$1,632,454

11.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.415

MAY

$1,712,500

JUN JUL

MEDIAN SALES PRICE

AUG

$747

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

8.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.712 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CARMEL VALLEY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,280,000

$1,005,000

$1,200,000

$1,169,000

-8.7%

Average Price per Square Foot ..............

$459

$529

$490

$494

7.6%

Properties Sold ...................................

10

8

8

12

20.0%

Properties Pending Sale .......................

10

14

7

11

10.0%

Properties For Sale ..............................

58

70

55

71

22.4%

Days on Market (Pending Sale) .............

48

60

121

66

37.5%

Month’s Supply of Inventory .................

5.8

8.7

6.9

5.9

2.0%

Percent Under Contract .......................

17.2%

20.0%

12.7%

15.5%

-10.1%

$1,140,583

$1,135,604

$1,274,708

$1,084,121

-5.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.280

MAY

$1,169,000

JUN JUL

MEDIAN SALES PRICE

AUG

$494

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.169 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MARINA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$505,000

$565,000

$531,500

$563,000

11.5%

Average Price per Square Foot ..............

$328

$333

$367

$376

14.6%

Properties Sold ...................................

11

15

12

15

36.4%

Properties Pending Sale .......................

15

13

17

14

-6.7%

Properties For Sale ..............................

37

53

37

37

0.0%

Days on Market (Pending Sale) .............

61

45

50

30

-50.8%

Month’s Supply of Inventory .................

3.4

3.5

3.1

2.5

-26.7%

Percent Under Contract .......................

40.5%

24.5%

45.9%

37.8%

-6.7%

$504,080

$568,750

$582,667

$558,615

10.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$505

MAY

$563,000

JUN JUL

MEDIAN SALES PRICE

AUG

$376

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$563 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MONTEREY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$780,000

$840,000

$794,435

$885,000

13.5%

Average Price per Square Foot ..............

$440

$504

$469

$460

4.5%

Properties Sold ...................................

16

23

15

23

43.8%

Properties Pending Sale .......................

27

26

28

24

-11.1%

Properties For Sale ..............................

85

113

88

102

20.0%

Days on Market (Pending Sale) .............

67

64

53

60

-10.4%

Month’s Supply of Inventory .................

5.3

4.9

5.9

4.4

-16.5%

Percent Under Contract .......................

31.8%

23.0%

31.8%

23.5%

-25.9%

$768,383

$868,739

$875,500

$827,995

7.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$780

MAY

$885,000

JUN JUL

MEDIAN SALES PRICE

AUG

$460

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$885 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


PACIFIC GROVE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,100,000

$900,000

$944,500

$928,000

-15.6%

Average Price per Square Foot ..............

$728

$569

$465

$734

0.8%

Properties Sold ...................................

9

13

6

10

11.1%

Properties Pending Sale .......................

21

11

11

17

-19.0%

Properties For Sale ..............................

54

53

36

52

-3.7%

Days on Market (Pending Sale) .............

28

73

20

65

132.1%

Month’s Supply of Inventory .................

6

4.1

6

5.2

-13.3%

Percent Under Contract .......................

38.9%

20.8%

30.6%

32.7%

-15.9%

$935,750

$959,167

$932,500

$937,923

0.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $1.100

APR MAY

$928,000

JUN JUL

MEDIAN SALES PRICE

AUG

$734

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$928 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


PEBBLE BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,665,000

$2,100,000

$2,700,000

$1,425,000

-14.4%

Average Price per Square Foot ..............

$660

$918

$868

$800

21.2%

Properties Sold ...................................

7

10

9

17

142.9%

Properties Pending Sale .......................

11

11

13

17

54.5%

Properties For Sale ..............................

90

94

73

82

-8.9%

Days on Market (Pending Sale) .............

110

89

144

87

-20.9%

Month’s Supply of Inventory .................

12.9

9.4

8.1

4.8

-62.5%

Percent Under Contract .......................

12.2%

11.7%

17.8%

20.7%

69.6%

$1,706,583

$1,707,167

$1,444,167

$1,779,226

4.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.665

MAY

$1,425,000

JUN JUL

MEDIAN SALES PRICE

AUG

$800

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.425 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SALINAS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$519,000

$495,000

$485,000

$504,750

-2.7%

Average Price per Square Foot ..............

$294

$310

$312

$311

5.8%

Properties Sold ...................................

40

59

50

40

0.0%

Properties Pending Sale .......................

54

66

44

71

31.5%

Properties For Sale ..............................

165

209

122

159

-3.6%

Days on Market (Pending Sale) .............

49

51

47

39

-20.4%

Month’s Supply of Inventory .................

4.1

3.5

2.4

4

-3.6%

Percent Under Contract .......................

32.7%

31.6%

36.1%

44.7%

36.4%

$468,625

$488,750

$491,500

$495,848

5.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $519

APR MAY

$504,750

JUN JUL

MEDIAN SALES PRICE

AUG

$311

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$504 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SEASIDE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$490,000

$510,000

$549,000

$499,900

2.0%

Average Price per Square Foot ..............

$393

$367

$401

$406

3.3%

Properties Sold ...................................

19

20

12

13

-31.6%

Properties Pending Sale .......................

22

13

12

14

-36.4%

Properties For Sale ..............................

52

54

39

41

-21.2%

Days on Market (Pending Sale) .............

40

40

63

28

-30.0%

Month’s Supply of Inventory .................

2.7

2.7

3.2

3.2

15.2%

Percent Under Contract .......................

42.3%

24.1%

30.8%

34.1%

-19.3%

$472,362

$552,467

$582,733

$529,912

12.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$490

MAY

$499,900

JUN JUL

MEDIAN SALES PRICE

AUG

$406

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$499 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SAN DIEGO COUNTY

SAN DIEGO MACRO

LA MESA

CARLSBAD

LEMON GROVE

CARMEL VALLEY

NATIONAL CITY

CHULA VISTA

OCEANSIDE

CORONADO

POWAY

DEL MAR

RANCHO BERNARDO

EL CAJON

SAN MARCOS

ENCINITAS

SANTEE

ESCONDIDO

SOLANA BEACH

IMPERIAL BEACH

VISTA

LA JOLLA

Micro Market Report : April 2018


COUNTY: SAN DIEGO AREA: 4,526 SQ MILES FOUNDED: 1850

Micro Market Report : April 2018


SAN DIEGO COUNTY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$598,000

$610,000

$595,000

$640,000

7.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

2007

1927

1316

1906

-5.0%

Properties Pending Sale .......................

2368

1995

1791

2285

-3.5%

Properties For Sale ..............................

6,779

6,682

5,509

6,932

2.3%

Days on Market (Pending Sale) .............

34

37

38

31

-8.8%

Month’s Supply of Inventory .................

3.4

3.5

4.2

3.6

7.7%

Percent Under Contract .......................

34.9%

29.9%

32.5%

33.0%

-5.6%

$570,044

$619,500

$629,000

$615,112

7.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $598

APR MAY

$640,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$640 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BAY PARK/OLD TOWN/MIDWAY DISTRICT

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$725,000

$860,000

$799,762

$850,000

17.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

10

13

10

15

50.0%

Properties Pending Sale .......................

6

8

12

10

66.7%

Properties For Sale ..............................

26

21

27

23

-11.5%

Days on Market (Pending Sale) .............

9

28

25

18

100.0%

Month’s Supply of Inventory .................

2.6

1.6

2.7

1.5

-41.0%

Percent Under Contract .......................

23.1%

38.1%

44.4%

43.5%

88.4%

$761,029

$865,377

$861,833

$833,378

8.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$725

MAY

$850,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$850 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CARLSBAD

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$990,000

$985,805

$945,000

$985,000

-0.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

105

100

58

109

3.8%

Properties Pending Sale .......................

126

94

67

95

-24.6%

Properties For Sale ..............................

317

262

198

295

-6.9%

Days on Market (Pending Sale) .............

34

36

30

30

-11.8%

Month’s Supply of Inventory .................

3

2.6

3.4

2.7

-10.4%

Percent Under Contract .......................

39.7%

35.9%

33.8%

32.2%

-19.0%

$890,583

$956,148

$984,333

$956,596

6.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $990

APR MAY

$985,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$985 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CARMEL VALLEY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,168,500

$1,150,000

$1,230,000

$1,350,000

15.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

30

33

13

47

56.7%

Properties Pending Sale .......................

55

36

24

61

10.9%

Properties For Sale ..............................

160

125

98

164

2.5%

Days on Market (Pending Sale) .............

29

33

29

25

-13.8%

Month’s Supply of Inventory .................

5.3

3.8

7.5

3.5

-34.6%

Percent Under Contract .......................

34.4%

28.8%

24.5%

37.2%

8.2%

$1,181,542

$1,170,333

$1,314,000

$1,194,723

1.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.168

MAY

$1,350,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.350 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CHULA VISTA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$510,000

$545,000

$550,000

$549,000

7.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

137

144

81

127

-7.3%

Properties Pending Sale .......................

159

127

128

151

-5.0%

Properties For Sale ..............................

408

391

340

438

7.4%

Days on Market (Pending Sale) .............

37

41

32

30

-18.9%

Month’s Supply of Inventory .................

3

2.7

4.2

3.4

15.8%

Percent Under Contract .......................

39.0%

32.5%

37.6%

34.5%

-11.5%

$513,606

$564,583

$560,833

$555,127

7.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$510

MAY

$549,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$549 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CLAIREMONT/BAY HO/BAY PARK

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$621,000

$660,750

$692,444

$669,000

7.7%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

37

34

19

35

-5.4%

Properties Pending Sale .......................

41

36

28

49

19.5%

Properties For Sale ..............................

75

91

62

77

2.7%

Days on Market (Pending Sale) .............

18

23

27

15

-16.7%

Month’s Supply of Inventory .................

2

2.7

3.3

2.2

8.5%

Percent Under Contract .......................

54.7%

39.6%

45.2%

63.6%

16.4%

$602,558

$692,574

$720,500

$668,438

9.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$621

MAY

$669,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$669 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CORONADO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,800,000

$2,342,500

$2,337,500

$2,600,000

44.4%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

11

12

14

9

-18.2%

Properties Pending Sale .......................

19

19

10

27

42.1%

Properties For Sale ..............................

116

102

84

113

-2.6%

Days on Market (Pending Sale) .............

118

156

74

79

-33.1%

Month’s Supply of Inventory .................

10.5

8.5

6

12.6

19.1%

Percent Under Contract .......................

16.4%

18.6%

11.9%

23.9%

45.9%

$1,742,125

$2,392,625

$2,326,250

$2,122,365

17.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.800

MAY

$2,600,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

12.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.600 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


DEL MAR

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$2,160,000

$2,500,000

$1,895,000

$2,200,000

1.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

15

14

17

17

13.3%

Properties Pending Sale .......................

14

15

19

16

14.3%

Properties For Sale ..............................

96

123

87

90

-6.2%

Days on Market (Pending Sale) .............

42

69

49

46

9.5%

Month’s Supply of Inventory .................

6.4

8.8

5.1

5.3

-17.3%

Percent Under Contract .......................

14.6%

12.2%

21.8%

17.8%

21.9%

$1,775,042

$1,992,917

$2,054,167

$1,994,856

11.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$2.160

MAY

$2,200,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.200 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


EL CAJON

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$510,000

$518,500

$490,000

$535,000

4.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

107

104

77

105

-1.9%

Properties Pending Sale .......................

116

121

99

95

-18.1%

Properties For Sale ..............................

286

301

262

307

7.3%

Days on Market (Pending Sale) .............

29

31

51

35

20.7%

Month’s Supply of Inventory .................

2.7

2.9

3.4

2.9

9.4%

Percent Under Contract .......................

40.6%

40.2%

37.8%

30.9%

-23.7%

$490,089

$513,992

$514,000

$515,669

5.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $510

APR MAY

$535,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$535 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ENCINITAS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,299,950

$1,345,000

$1,180,000

$1,255,000

-3.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

40

31

18

25

-37.5%

Properties Pending Sale .......................

40

24

39

30

-25.0%

Properties For Sale ..............................

153

120

112

124

-19.0%

Days on Market (Pending Sale) .............

32

22

41

27

-15.6%

Month’s Supply of Inventory .................

3.8

3.9

6.2

5

29.7%

Percent Under Contract .......................

26.1%

20.0%

34.8%

24.2%

-7.5%

$1,211,098

$1,357,583

$1,488,667

$1,291,381

6.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.299

MAY

$1,255,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.255 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ESCONDIDO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$537,500

$515,500

$517,000

$558,900

4.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

144

132

102

119

-17.4%

Properties Pending Sale .......................

154

130

123

158

2.6%

Properties For Sale ..............................

475

453

377

458

-3.6%

Days on Market (Pending Sale) .............

35

34

46

29

-17.1%

Month’s Supply of Inventory .................

3.3

3.4

3.7

3.8

16.7%

Percent Under Contract .......................

32.4%

28.7%

32.6%

34.5%

6.4%

$509,842

$546,317

$554,467

$538,992

5.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $537

APR MAY

$558,900

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$558 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


IMPERIAL-BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$562,500

$582,500

$517,500

$620,000

10.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

8

8

12

21

162.5%

Properties Pending Sale .......................

9

14

11

16

77.8%

Properties For Sale ..............................

30

42

42

56

86.7%

Days on Market (Pending Sale) .............

42

41

12

36

-14.3%

Month’s Supply of Inventory .................

3.8

5.2

3.5

2.7

-28.9%

Percent Under Contract .......................

30.0%

33.3%

26.2%

28.6%

-4.8%

$524,767

$582,083

$595,000

$580,417

9.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$562

MAY

$620,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$620 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LA JOLLA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$2,200,000

$2,128,250

$2,750,000

$2,377,500

8.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

29

38

17

31

6.9%

Properties Pending Sale .......................

31

27

16

41

32.3%

Properties For Sale ..............................

238

222

205

237

-0.4%

Days on Market (Pending Sale) .............

49

85

65

40

-18.4%

Month’s Supply of Inventory .................

8.2

5.8

12.1

7.6

-6.8%

Percent Under Contract .......................

13.0%

12.2%

7.8%

17.3%

32.8%

$1,963,000

$2,346,333

$2,232,167

$2,285,135

14.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$2.200

MAY

$2,377,500

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$2.377 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LA MESA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$536,000

$540,000

$585,000

$600,000

11.9%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

54

43

35

58

7.4%

Properties Pending Sale .......................

82

65

56

69

-15.9%

Properties For Sale ..............................

171

204

151

183

7.0%

Days on Market (Pending Sale) .............

28

28

30

26

-7.1%

Month’s Supply of Inventory .................

2.1

3.1

2.7

3.2

51.3%

Percent Under Contract .......................

48.0%

31.9%

37.1%

37.7%

-21.4%

$527,292

$592,833

$587,333

$578,607

8.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$536

MAY

$600,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$600 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LINDA VISTA/CLAIREMONT MESA EAST

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$550,000

$630,500

$622,500

$650,000

18.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

17

12

14

15

-11.8%

Properties Pending Sale .......................

21

12

16

24

14.3%

Properties For Sale ..............................

39

32

26

47

20.5%

Days on Market (Pending Sale) .............

15

15

22

9

-40.0%

Month’s Supply of Inventory .................

1.9

2.7

1.6

3.1

68.7%

Percent Under Contract .......................

53.8%

37.5%

61.5%

51.1%

-5.2%

$555,417

$628,000

$637,167

$613,588

9.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$550

MAY

$650,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$650 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LEMON GROVE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$438,500

$447,500

$450,000

$485,000

10.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

18

26

17

12

-33.3%

Properties Pending Sale .......................

21

23

25

33

57.1%

Properties For Sale ..............................

41

47

45

57

39.0%

Days on Market (Pending Sale) .............

35

50

28

26

-25.7%

Month’s Supply of Inventory .................

2

2

1.8

4.8

143.3%

Percent Under Contract .......................

51.2%

48.9%

55.6%

57.9%

13.0%

$421,688

$456,333

$470,000

$447,269

5.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$438

MAY

$485,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$485 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


NATIONAL CITY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$356,000

$410,000

$460,000

$420,000

18.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

7

17

9

13

85.7%

Properties Pending Sale .......................

17

23

18

25

47.1%

Properties For Sale ..............................

44

60

45

43

-2.3%

Days on Market (Pending Sale) .............

37

29

54

35

-5.4%

Month’s Supply of Inventory .................

2.6

2.6

2.5

3.3

27.8%

Percent Under Contract .......................

38.6%

38.3%

40.0%

58.1%

50.5%

$380,521

$430,575

$416,667

$417,727

8.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$356

MAY

$420,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$420 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


OCEANSIDE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$530,000

$565,000

$568,375

$565,000

6.6%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

138

125

92

108

-21.7%

Properties Pending Sale .......................

159

98

112

132

-17.0%

Properties For Sale ..............................

322

279

251

351

9.0%

Days on Market (Pending Sale) .............

30

31

34

26

-13.3%

Month’s Supply of Inventory .................

2.3

2.2

2.7

3.2

39.3%

Percent Under Contract .......................

49.4%

35.1%

44.6%

37.6%

-23.8%

$1,058,000

$558,563

$557,667

$554,090

-90.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $530

APR MAY

$565,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$565 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


POWAY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$872,750

$776,000

$783,500

$825,000

-5.5%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

47

41

30

41

-12.8%

Properties Pending Sale .......................

67

59

36

49

-26.9%

Properties For Sale ..............................

170

147

101

139

-18.2%

Days on Market (Pending Sale) .............

34

38

22

23

-32.4%

Month’s Supply of Inventory .................

3.6

3.6

3.4

3.4

-6.3%

Percent Under Contract .......................

39.4%

40.1%

35.6%

35.3%

-10.6%

$698,442

$766,167

$781,667

$763,362

8.5%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $872

APR MAY

$825,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$825 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


RANCHO BERNARDO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$816,500

$945,000

$821,100

$815,000

-0.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

100

77

57

91

-9.0%

Properties Pending Sale .......................

115

68

68

106

-7.8%

Properties For Sale ..............................

317

223

209

314

-0.9%

Days on Market (Pending Sale) .............

23

26

30

29

26.1%

Month’s Supply of Inventory .................

4.2

4.3

5

3.5

-18.4%

Percent Under Contract .......................

36.3%

30.5%

32.5%

33.8%

-6.9%

$762,716

$830,517

$825,667

$849,186

10.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$816

MAY

$815,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$815 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SAN MARCOS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$631,250

$621,000

$649,000

$707,000

12.0%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

76

50

42

72

-5.3%

Properties Pending Sale .......................

75

74

61

76

1.3%

Properties For Sale ..............................

157

176

136

211

34.4%

Days on Market (Pending Sale) .............

20

27

39

25

25.0%

Month’s Supply of Inventory .................

2.1

3.5

3.2

2.9

41.9%

Percent Under Contract .......................

47.8%

42.0%

44.9%

36.0%

-24.6%

$579,021

$641,167

$635,667

$640,173

9.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$631

MAY

$707,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$707 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SAN DIEGO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$606,000

$662,500

$685,000

$673,000

11.1%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

64

59

43

65

1.6%

Properties Pending Sale .......................

68

57

56

83

22.1%

Properties For Sale ..............................

140

145

115

147

5.0%

Days on Market (Pending Sale) .............

16

22

25

13

-18.8%

Month’s Supply of Inventory .................

2.2

2.5

2.7

2.3

3.4%

Percent Under Contract .......................

48.6%

39.3%

48.7%

56.5%

16.2%

$595,388

$675,500

$687,000

$656,119

9.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$606

MAY

$673,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$673 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SANTEE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$490,000

$527,500

$530,000

$530,000

8.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

41

42

29

38

-7.3%

Properties Pending Sale .......................

50

42

33

75

50.0%

Properties For Sale ..............................

94

99

80

144

53.2%

Days on Market (Pending Sale) .............

20

23

32

30

50.0%

Month’s Supply of Inventory .................

2.3

2.4

2.8

3.8

65.3%

Percent Under Contract .......................

53.2%

42.4%

41.2%

52.1%

-2.1%

$477,533

$531,000

$537,333

$520,304

8.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro 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

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$530 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SOLANA BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,160,000

$2,037,500

$1,700,000

$1,649,000

42.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

5

5

5

9

80.0%

Properties Pending Sale .......................

10

3

7

7

-30.0%

Properties For Sale ..............................

30

20

29

28

-6.7%

Days on Market (Pending Sale) .............

29

33

85

49

69.0%

Month’s Supply of Inventory .................

6

4

5.8

3.1

-48.1%

Percent Under Contract .......................

33.3%

15.0%

24.1%

25.0%

-25.0%

$1,545,250

$1,561,917

$1,498,833

$1,551,212

0.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.160

MAY

$1,649,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.649 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SPRING VALLEY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$450,000

$472,500

$488,500

$505,000

12.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

45

59

41

41

-8.9%

Properties Pending Sale .......................

58

45

49

57

-1.7%

Properties For Sale ..............................

128

147

113

151

18.0%

Days on Market (Pending Sale) .............

32

29

30

25

-21.9%

Month’s Supply of Inventory .................

2.8

2.5

2.8

3.7

29.5%

Percent Under Contract .......................

45.3%

30.6%

43.4%

37.7%

-16.7%

$433,704

$490,167

$499,167

$470,865

7.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$450

MAY

$505,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$505 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


VISTA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$508,000

$525,300

$560,000

$560,000

10.2%

Average Price per Square Foot ..............

n/a

n/a

n/a

n/a

n/a

Properties Sold ...................................

67

72

43

62

-7.5%

Properties Pending Sale .......................

87

76

61

78

-10.3%

Properties For Sale ..............................

215

252

183

233

8.4%

Days on Market (Pending Sale) .............

42

37

29

24

-42.9%

Month’s Supply of Inventory .................

3.2

3.5

4.3

3.8

17.1%

Percent Under Contract .......................

40.5%

30.2%

33.3%

33.5%

-17.3%

$497,229

$555,667

$552,167

$542,869

8.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$508

MAY

$560,000

JUN JUL

MEDIAN SALES PRICE

AUG

N/A

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$560 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


RIVERSIDE COUNTY

BERMUDA DUNES

LA QUINTA

CATHEDRAL CITY

PALM DESERT

COACHELLA

PALM SPRINGS

DESERT HOT SPRINGS

RANCHO MIRAGE

INDIAN WELLS

THOUSAND PALMS

INDIO

Micro Market Report : April 2018


COUNTY: RIVERSIDE AREA: 7,303 SQ MILES FOUNDED: 1893

Micro Market Report : April 2018


BERMUDA DUNES

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$301,250

$369,000

$337,912

$440,000

46.1%

Average Price per Square Foot ..............

$142

$144

$155

$228

60.6%

Properties Sold ...................................

4

3

2

2

-50.0%

Properties Pending Sale .......................

0

0

0

0

n/a

Properties For Sale ..............................

10

14

10

7

-30.0%

Days on Market (Pending Sale) .............

0

0

0

0

n/a

Month’s Supply of Inventory .................

2.5

4.7

5

3.5

40.0%

Percent Under Contract .......................

0.0%

0.0%

0.0%

0.0%

n/a

$290,229

$516,978

$465,000

$416,128

30.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$301

MAY

$440,000

JUN JUL

MEDIAN SALES PRICE

AUG

$228

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$440 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CATHEDRAL CITY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$269,000

$347,000

$326,000

$327,500

21.7%

Average Price per Square Foot ..............

$172

$191

$198

$194

12.8%

Properties Sold ...................................

21

22

20

30

42.9%

Properties Pending Sale .......................

23

25

35

23

0.0%

Properties For Sale ..............................

112

103

122

100

-10.7%

Days on Market (Pending Sale) .............

61

62

48

48

-21.3%

Month’s Supply of Inventory .................

5.3

4.7

6.1

3.3

-37.5%

Percent Under Contract .......................

20.5%

24.3%

28.7%

23.0%

12.0%

$277,200

$315,917

$321,500

$306,881

9.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$269

MAY

$327,500

JUN JUL

MEDIAN SALES PRICE

AUG

$194

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$327 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


COACHELLA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$203,000

$285,000

$272,000

$263,000

29.6%

Average Price per Square Foot ..............

$128

$141

$122

$137

7.0%

Properties Sold ...................................

2

4

2

5

150.0%

Properties Pending Sale .......................

2

2

5

3

50.0%

Properties For Sale ..............................

13

19

19

12

-7.7%

Days on Market (Pending Sale) .............

19

34

25

66

247.4%

Month’s Supply of Inventory .................

6.5

4.8

9.5

2.4

-63.1%

Percent Under Contract .......................

15.4%

10.5%

26.3%

25.0%

62.5%

$206,458

$260,825

$255,000

$245,681

16.0%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$203

MAY

$263,000

JUN JUL

MEDIAN SALES PRICE

AUG

$137

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$263 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


DESERT HOT SPRINGS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$199,450

$200,250

$226,000

$208,500

4.5%

Average Price per Square Foot ..............

$126

$123

$127

$132

4.8%

Properties Sold ...................................

30

26

30

32

6.7%

Properties Pending Sale .......................

39

33

31

41

5.1%

Properties For Sale ..............................

162

179

169

156

-3.7%

Days on Market (Pending Sale) .............

80

102

87

54

-32.5%

Month’s Supply of Inventory .................

5.4

6.9

5.6

4.9

-9.7%

Percent Under Contract .......................

24.1%

18.4%

18.3%

26.3%

9.2%

$182,999

$220,167

$214,167

$210,200

12.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$199

MAY

$208,500

JUN JUL

MEDIAN SALES PRICE

AUG

$132

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$208 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


INDIAN WELLS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$557,500

$1,074,500

$1,190,000

$410,000

-26.5%

Average Price per Square Foot ..............

$214

$212

$269

$146

-31.8%

Properties Sold ...................................

2

2

4

1

-50.0%

Properties Pending Sale .......................

5

2

1

1

-80.0%

Properties For Sale ..............................

21

16

13

15

-28.6%

Days on Market (Pending Sale) .............

75

252

57

11

-85.3%

Month’s Supply of Inventory .................

10.5

8

3.2

15

42.9%

Percent Under Contract .......................

23.8%

12.5%

7.7%

6.7%

-72.0%

$596,396

$673,750

$440,000

$801,889

25.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$557

MAY

$410,000

JUN JUL

MEDIAN SALES PRICE

AUG

$146

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

15 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$410 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


INDIO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$300,000

$304,000

$297,500

$294,500

-1.8%

Average Price per Square Foot ..............

$147

$139

$167

$158

7.5%

Properties Sold ...................................

15

17

22

18

20.0%

Properties Pending Sale .......................

19

17

22

18

-5.3%

Properties For Sale ..............................

92

90

96

89

-3.3%

Days on Market (Pending Sale) .............

71

51

56

73

2.8%

Month’s Supply of Inventory .................

6.1

5.3

4.4

4.9

-19.4%

Percent Under Contract .......................

20.7%

18.9%

22.9%

20.2%

-2.1%

$292,995

$282,500

$292,417

$285,615

-2.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT $300

APR MAY

$294,500

JUN JUL

MEDIAN SALES PRICE

AUG

$158

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$294 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


LA QUINTA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$322,500

$400,000

$370,000

$385,000

19.4%

Average Price per Square Foot ..............

$212

$209

$196

$216

1.9%

Properties Sold ...................................

17

11

7

12

-29.4%

Properties Pending Sale .......................

16

10

8

10

-37.5%

Properties For Sale ..............................

112

70

76

79

-29.5%

Days on Market (Pending Sale) .............

128

58

54

64

-50.0%

Month’s Supply of Inventory .................

6.6

6.4

10.9

6.6

-0.1%

Percent Under Contract .......................

14.3%

14.3%

10.5%

12.7%

-11.4%

$347,681

$366,775

$375,967

$362,781

4.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$322

MAY

$385,000

JUN JUL

MEDIAN SALES PRICE

AUG

$216

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$385 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


PALM DESERT

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$418,500

$325,000

$508,900

$395,000

-5.6%

Average Price per Square Foot ..............

$246

$230

$229

$217

-11.8%

Properties Sold ...................................

14

12

13

27

92.9%

Properties Pending Sale .......................

15

17

21

22

46.7%

Properties For Sale ..............................

95

90

118

110

15.8%

Days on Market (Pending Sale) .............

63

58

59

55

-12.7%

Month’s Supply of Inventory .................

6.8

7.5

9.1

4.1

-40.0%

Percent Under Contract .......................

15.8%

18.9%

17.8%

20.0%

26.7%

$351,072

$397,900

$358,333

$375,069

6.4%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$418

MAY

$395,000

JUN JUL

MEDIAN SALES PRICE

AUG

$217

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$395 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


PALM SPRINGS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$590,000

$670,000

$649,250

$665,000

12.7%

Average Price per Square Foot ..............

$341

$353

$330

$398

16.7%

Properties Sold ...................................

81

62

54

89

9.9%

Properties Pending Sale .......................

74

78

72

96

29.7%

Properties For Sale ..............................

459

422

421

445

-3.1%

Days on Market (Pending Sale) .............

83

67

67

72

-13.3%

Month’s Supply of Inventory .................

5.7

6.8

7.8

5

-11.8%

Percent Under Contract .......................

16.1%

18.5%

17.1%

21.6%

33.8%

$582,746

$647,817

$660,333

$624,512

6.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$590

MAY

$665,000

JUN JUL

MEDIAN SALES PRICE

AUG

$398

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$665 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


RANCHO MIRAGE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$515,000

$549,500

$552,750

$625,000

21.4%

Average Price per Square Foot ..............

$225

$253

$322

$253

12.4%

Properties Sold ...................................

20

14

12

23

15.0%

Properties Pending Sale .......................

20

17

23

17

-15.0%

Properties For Sale ..............................

156

131

142

129

-17.3%

Days on Market (Pending Sale) .............

127

129

67

62

-51.2%

Month’s Supply of Inventory .................

7.8

9.4

11.8

5.6

-28.1%

Percent Under Contract .......................

12.8%

13.0%

16.2%

13.2%

2.8%

$527,708

$617,125

$617,500

$579,558

8.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$515

MAY

$625,000

JUN JUL

MEDIAN SALES PRICE

AUG

$253

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

5.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$625 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


THOUSAND PALMS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$0

$0

$500,000

$280,250

n/a

Average Price per Square Foot ..............

$0

$0

$133

$162

n/a

Properties Sold ...................................

0

0

1

2

n/a

Properties Pending Sale .......................

2

0

1

1

-50.0%

Properties For Sale ..............................

9

9

8

12

33.3%

Days on Market (Pending Sale) .............

24

0

13

40

66.7%

Month’s Supply of Inventory .................

4.5

n/a

8

6

33.3%

Percent Under Contract .......................

22.2%

0.0%

12.5%

8.3%

-62.5%

Average Median Price for Last 12 Months

$95,366

$353,850

$233,083

$244,189

60.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR MAY

$280,250

JUN JUL

MEDIAN SALES PRICE

AUG

$162

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$280 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


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 2018


COUNTY: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : April 2018


BEVERLY CENTER - MIRACLE MILE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$651,500

$722,000

$455,000

$775,000

19.0%

Average Price per Square Foot ..............

$586

$601

$948

$625

6.7%

Properties Sold ...................................

6

9

1

11

83.3%

Properties Pending Sale .......................

10

10

3

6

-40.0%

Properties For Sale ..............................

31

26

16

21

-32.3%

Days on Market (Pending Sale) .............

31

28

7

21

-32.3%

Month’s Supply of Inventory .................

5.2

2.9

16

1.9

-63.0%

Percent Under Contract .......................

32.3%

38.5%

18.8%

28.6%

-11.4%

$735,875

$762,667

$794,000

$747,385

1.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$651

MAY

$775,000

JUN JUL

MEDIAN SALES PRICE

AUG

$625

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$775 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BEVERLY HILLS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,238,000

$1,025,000

$1,100,000

$1,279,000

3.3%

Average Price per Square Foot ..............

$832

$718

$639

$783

-5.9%

Properties Sold ...................................

13

10

3

6

-53.8%

Properties Pending Sale .......................

13

9

13

10

-23.1%

Properties For Sale ..............................

52

55

42

37

-28.8%

Days on Market (Pending Sale) .............

48

33

44

20

-58.3%

Month’s Supply of Inventory .................

4

5.5

14

6.2

54.2%

Percent Under Contract .......................

25.0%

16.4%

31.0%

27.0%

8.1%

$1,241,574

$1,259,407

$1,286,333

$1,269,342

2.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.238

MAY

$1,279,000

JUN JUL

MEDIAN SALES PRICE

AUG

$783

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

6.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.279 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


BRENTWOOD

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$855,000

$963,500

$765,000

$1,042,500

21.9%

Average Price per Square Foot ..............

$631

$666

$655

$656

4.0%

Properties Sold ...................................

13

19

10

14

7.7%

Properties Pending Sale .......................

17

20

7

16

-5.9%

Properties For Sale ..............................

60

55

36

55

-8.3%

Days on Market (Pending Sale) .............

23

29

24

22

-4.3%

Month’s Supply of Inventory .................

4.6

2.9

3.6

3.9

-14.9%

Percent Under Contract .......................

28.3%

36.4%

19.4%

29.1%

2.7%

$830,019

$897,500

$932,667

$913,962

10.1%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$855

MAY

$1,042,500

JUN JUL

MEDIAN SALES PRICE

AUG

$656

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.9 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.042 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


CULVER CITY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$515,000

$594,000

$522,500

$530,000

2.9%

Average Price per Square Foot ..............

$519

$517

$518

$556

7.1%

Properties Sold ...................................

9

8

14

11

22.2%

Properties Pending Sale .......................

12

8

9

11

-8.3%

Properties For Sale ..............................

26

32

18

23

-11.5%

Days on Market (Pending Sale) .............

16

14

16

21

31.2%

Month’s Supply of Inventory .................

2.9

4

1.3

2.1

-27.6%

Percent Under Contract .......................

46.2%

25.0%

50.0%

47.8%

3.6%

$481,381

$546,292

$575,750

$538,481

11.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$515

MAY

$530,000

JUN JUL

MEDIAN SALES PRICE

AUG

$556

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

2.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$530 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


DOWNTOWN

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$549,500

$695,000

$670,000

$598,000

8.8%

Average Price per Square Foot ..............

$635

$719

$669

$638

0.5%

Properties Sold ...................................

42

41

29

39

-7.1%

Properties Pending Sale .......................

46

27

44

45

-2.2%

Properties For Sale ..............................

215

216

187

182

-15.3%

Days on Market (Pending Sale) .............

52

71

65

36

-30.8%

Month’s Supply of Inventory .................

5.1

5.3

6.4

4.7

-8.8%

Percent Under Contract .......................

21.4%

12.5%

23.5%

24.7%

15.6%

$583,458

$616,458

$605,917

$623,385

6.8%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$549

MAY

$598,000

JUN JUL

MEDIAN SALES PRICE

AUG

$638

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$598 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


ENCINO

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$330,000

$327,000

$390,000

$390,000

18.2%

Average Price per Square Foot ..............

$313

$332

$371

$405

29.4%

Properties Sold ...................................

16

21

15

11

-31.2%

Properties Pending Sale .......................

21

23

17

18

-14.3%

Properties For Sale ..............................

21

27

18

20

-4.8%

Days on Market (Pending Sale) .............

80

35

47

41

-48.8%

Month’s Supply of Inventory .................

1.3

1.3

1.2

1.8

38.5%

Percent Under Contract .......................

100.0%

85.2%

94.4%

90.0%

-10.0%

Average Median Price for Last 12 Months

$356,500

$411,167

$463,667

$385,923

8.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$330

MAY

$390,000

JUN JUL

MEDIAN SALES PRICE

AUG

$405

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.8 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$390 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MALIBU

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$891,500

$0

$1,210,000

$0

-100.0%

Average Price per Square Foot ..............

$677

$0

$676

$0

-100.0%

Properties Sold ...................................

4

0

1

0

-100.0%

Properties Pending Sale .......................

4

4

4

0

-100.0%

Properties For Sale ..............................

21

25

20

19

-9.5%

Days on Market (Pending Sale) .............

51

39

26

0

-100.0%

Month’s Supply of Inventory .................

5.2

n/a

20

n/a

n/a

Percent Under Contract .......................

19.0%

16.0%

20.0%

0.0%

-100.0%

$901,563

$1,060,500

$962,500

$955,150

5.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$891

MAY

NO SALES

JUN JUL

MEDIAN SALES PRICE

AUG

NO SALES

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

N/A MONTH’S SUPPLY OF INVENTORY

FEB MAR APR MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MALIBU BEACH

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$0

$1,116,950

$0

$780,000

n/a

Average Price per Square Foot ..............

$0

$1,281

$0

$1,496

n/a

Properties Sold ...................................

0

2

0

3

n/a

Properties Pending Sale .......................

2

0

0

3

50.0%

Properties For Sale ..............................

12

10

13

16

33.3%

Days on Market (Pending Sale) .............

38

0

0

124

226.3%

Month’s Supply of Inventory .................

n/a

5

n/a

0.1

n/a

Percent Under Contract .......................

16.7%

0.0%

0.0%

18.8%

12.5%

$916,611

$1,247,000

$946,667

$1,078,177

17.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR MAY

$780,000

JUN JUL

MEDIAN SALES PRICE

AUG

$1,496

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

0.1 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$780 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


MARINA DEL REY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$872,990

$925,000

$1,000,000

$1,077,500

23.4%

Average Price per Square Foot ..............

$678

$677

$762

$683

0.7%

Properties Sold ...................................

25

21

17

12

-52.0%

Properties Pending Sale .......................

26

27

22

21

-19.2%

Properties For Sale ..............................

96

97

78

84

-12.5%

Days on Market (Pending Sale) .............

25

37

34

42

68.0%

Month’s Supply of Inventory .................

3.8

4.6

4.6

7

82.3%

Percent Under Contract .......................

27.1%

27.8%

28.2%

25.0%

-7.7%

$900,208

$959,583

$997,500

$935,472

3.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$872

MAY

$1,077,500

JUN JUL

MEDIAN SALES PRICE

AUG

$683

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

7 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.077 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SANTA MONICA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$937,000

$1,282,500

$1,211,000

$1,007,000

7.5%

Average Price per Square Foot ..............

$980

$1,100

$997

$977

-0.3%

Properties Sold ...................................

23

22

15

34

47.8%

Properties Pending Sale .......................

15

26

26

39

160.0%

Properties For Sale ..............................

86

94

96

124

44.2%

Days on Market (Pending Sale) .............

30

21

41

24

-20.0%

Month’s Supply of Inventory .................

3.7

4.3

6.4

3.6

-2.5%

Percent Under Contract .......................

17.4%

27.7%

27.1%

31.5%

80.3%

$898,604

$1,040,167

$1,064,167

$1,038,731

15.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$937

MAY

$1,007,000

JUN JUL

MEDIAN SALES PRICE

AUG

$977

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.007 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


SHERMAN OAKS

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$480,000

$477,000

$486,000

$552,000

15.0%

Average Price per Square Foot ..............

$360

$372

$420

$437

21.4%

Properties Sold ...................................

22

18

14

17

-22.7%

Properties Pending Sale .......................

40

26

18

21

-47.5%

Properties For Sale ..............................

34

14

14

23

-32.4%

Days on Market (Pending Sale) .............

60

44

41

31

-48.3%

Month’s Supply of Inventory .................

1.5

0.8

1

1.4

-12.5%

Percent Under Contract .......................

117.6%

185.7%

128.6%

91.3%

-22.4%

Average Median Price for Last 12 Months

$455,500

$533,333

$560,667

$518,077

13.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$480

MAY

$552,000

JUN JUL

MEDIAN SALES PRICE

AUG

$437

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.4 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$552 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


STUDIO CITY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$635,000

$659,000

$625,000

$725,000

14.2%

Average Price per Square Foot ..............

$447

$483

$485

$507

13.4%

Properties Sold ...................................

13

13

11

5

-61.5%

Properties Pending Sale .......................

15

19

7

8

-46.7%

Properties For Sale ..............................

22

21

10

8

-63.6%

Days on Market (Pending Sale) .............

72

43

52

51

-29.2%

Month’s Supply of Inventory .................

1.7

1.6

0.9

1.6

-5.5%

Percent Under Contract .......................

68.2%

90.5%

70.0%

100.0%

46.7%

$558,250

$673,000

$659,333

$679,231

21.7%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$635

MAY

$725,000

JUN JUL

MEDIAN SALES PRICE

AUG

$507

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

1.6 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$725 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


VENICE

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$1,275,000

$841,000

$1,240,000

$1,710,000

34.1%

Average Price per Square Foot ..............

$888

$958

$963

$932

5.0%

Properties Sold ...................................

3

1

3

1

-66.7%

Properties Pending Sale .......................

4

3

3

1

-75.0%

Properties For Sale ..............................

10

18

13

12

20.0%

Days on Market (Pending Sale) .............

45

77

362

166

268.9%

Month’s Supply of Inventory .................

3.3

18

4.3

12

260.0%

Percent Under Contract .......................

40.0%

16.7%

23.1%

8.3%

-79.2%

$996,417

$1,432,000

$1,617,500

$1,267,591

27.2%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$1.275

MAY

$1,710,000

JUN JUL

MEDIAN SALES PRICE

AUG

$932

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

12 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.710 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WEST HOLLYWOOD

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$605,000

$742,000

$805,000

$798,000

31.9%

Average Price per Square Foot ..............

$627

$685

$685

$785

25.2%

Properties Sold ...................................

33

32

17

28

-15.2%

Properties Pending Sale .......................

26

28

19

30

15.4%

Properties For Sale ..............................

116

120

78

99

-14.7%

Days on Market (Pending Sale) .............

24

26

44

22

-8.3%

Month’s Supply of Inventory .................

3.5

3.8

4.6

3.5

0.6%

Percent Under Contract .......................

22.4%

23.3%

24.4%

30.3%

35.2%

$676,667

$726,500

$706,333

$707,704

4.6%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$605

MAY

$798,000

JUN JUL

MEDIAN SALES PRICE

AUG

$785

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3.5 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$798 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WEST LA

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$817,000

$730,000

$930,000

$928,098

13.6%

Average Price per Square Foot ..............

$558

$557

$624

$660

18.3%

Properties Sold ...................................

5

13

5

10

100.0%

Properties Pending Sale .......................

12

14

7

9

-25.0%

Properties For Sale ..............................

31

32

20

30

-3.2%

Days on Market (Pending Sale) .............

18

19

26

12

-33.3%

Month’s Supply of Inventory .................

6.2

2.5

4

3

-51.6%

Percent Under Contract .......................

38.7%

43.8%

35.0%

30.0%

-22.5%

$772,446

$905,933

$936,699

$836,943

8.3%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$817

MAY

$928,098

JUN JUL

MEDIAN SALES PRICE

AUG

$660

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

3 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$928 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


WESTWOOD - CENTURY CITY

DATA*

Apr 2017

6 MONTH

3 MONTH

Apr 2018

% CHANGE

Median Price ......................................

$785,000

$832,500

$1,070,000

$1,004,375

27.9%

Average Price per Square Foot ..............

$655

$664

$774

$752

14.8%

Properties Sold ...................................

35

30

31

46

31.4%

Properties Pending Sale .......................

48

47

41

41

-14.6%

Properties For Sale ..............................

212

209

175

192

-9.4%

Days on Market (Pending Sale) .............

56

45

49

26

-53.6%

Month’s Supply of Inventory .................

6.1

7

5.6

4.2

-31.1%

Percent Under Contract .......................

22.6%

22.5%

23.4%

21.4%

-5.7%

$835,704

$966,896

$970,292

$918,183

9.9%

Average Median Price for Last 12 Months

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

CURRENT MARKET SNAPSHOT APR

$785

MAY

$1,004,375

JUN JUL

MEDIAN SALES PRICE

AUG

$752

SEP OCT

AVERAGE PRICE PER SQ FT

NOV DEC JAN

4.2 MONTH’S SUPPLY OF INVENTORY

FEB MAR APR

$1.004 MEDIAN SALES PRICE ($100,000’S)

Micro Market Report : April 2018


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MICRO MARKET REPORT LUXURY REAL ESTATE MARKET RESEARCH April 2018 /

Los Angeles, Orange, Santa Barbara, Monterey, Riverside, San Diego

April 2018 Micro Market Report | Douglas Elliman  
April 2018 Micro Market Report | Douglas Elliman