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%
Average Median Price for Last 12 Months
$583,458
$616,458
$605,917
$623,385
6.8%
*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