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micro market report luxury real estate market research August 2014 | LOS ANGELES, ORANGE, SANTA BARBARA, & MONTEREY COUNTIES


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Reading the Report

“Each Micro Market area contains an analysis of current conditions and past trends. In order to take the most away from this report, it is important to understand how to read each micro market.

The Data presents statistical information about past and current conditions, comparing the previous year’s month to the current month. Each statistic is compiled from sales data during the month of the respective year. It is then analyzed by Percent Change, which is calculated by taking Current Value minus Past Value and then divided by Past Value.

The Numbers is a compilation of important take-away statistics for each area to gain a quick understanding of market conditions. Median Sales Price and Days on market are 12 month averages for the period ending in the current month. The values for Properties for Sale and Shadow Inventory are presented in both text and graphical form to show the relationship of Shadow to Active Inventory.

The Yearly Trend presents the Median Sales Prices for each month during the past year in graphical format to easily visualize the changes and help identify any trends in sales for that micro market.


MEDIAN PRICE:

DAYS OF MARKET (PENDING SALE):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

It can be interpreted like an average, however the extreme prices (high and

MONTH’S SUPPLY OF INVENTORY:

low) don’t hold undue influence.

The number of months it would take to sell all the properties listed for sale at

AVERAGE PRICE PER SQUARE FOOT:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

PERCENT UNDER CONTRACT:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

PROPERTIES SOLD:

The number of property transactions

AVERAGE MEDIAN PRICE FOR LAST 12:

that closed and transferred ownership.

The Average Median Price for the Last 12 Months is sales data from 12 months

PROPERTIES PENDING SALE:

The number of properties that entered escrow in preparation for sale. PROPERTIES FOR SALE:

The number of properties on the market and seeking buyers.

ending in the identified month.


Los Angeles County

Los Angeles County Macro

Mid Los Angeles

Rancho Palos Verdes

Tarzana

Bel Air - Holmby Hills

Mid Wilshire

Redondo Beach

Toluca Lake

Beverly Center - Miracle Mile

Pacific Palisades

Rolling Hills

Valley Village

Beverly Hills

Palms - Mar Vista

Rolling Hills Estates

Woodland Hills

Beverly Hills P.O.

Playa del Rey

San Pedro

San Gabriel Valley Macro

Beverlywood

Playa Vista

Torrance

Altadena

Brentwood

Santa Monica

San Fernando Macro

Arcadia

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Burbank

Duarte

Culver City

Venice

Encino

Eagle Rock

Hancock Park - Wilshire

West Hollywood

Glendale

La Canada Flintridge

Hollywood

West Los Angeles

La Crescenta

Monrovia

Hollywood Hills East

Westchester

North Hollywood

Pasadena

Laurel Canyon

Westwood - Century City

Shadow Hills

San Gabriel

Los Feliz

South Bay Macro

Sherman Oaks

San Marino

Malibu

El Segundo

Studio City

Sierra Madre

Malibu Beach

Manhattan Beach

Sun Valley

South Pasadena

Marina del Rey

Palos Verdes Estates

Sunland - Tujunga

Micro Market Report : August 2014

telesproperties.com


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

Micro Market Report : August 2014

telesproperties.com


Los Angeles County DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$876,000

$886,250

$900,500

$902,500

3.0%

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

$587

$659

$633

$641

9.2%

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

802

498

800

772

-3.7%

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

883

701

885

855

-3.2%

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

3,697

3,141

3,817

3,937

6.5%

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

46

55

44

48

4.3%

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

4.6

6.3

4.8

5.1

10.6%

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

23.9%

22.3%

23.2%

21.7%

-9.1%

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

$737,000

$928,900

$959,300

$889,242

17.1%

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

current market snapshot AUG

$876

SEP

$902,500

OCT NOV

MEDIAN SALES PRICE

DEC

$641

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$902 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Bel-Air Holmby Hills DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,900,000

$1,645,000

$3,408,794

$1,945,500

2.4%

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

$1,366

$1,079

$947

$872

-36.2%

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

6

8

15

10

66.7%

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

17

16

15

14

-17.6%

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

129

104

112

121

-6.2%

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

61

156

59

65

6.6%

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

21.5

13

7.5

12.1

-43.7%

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

13.2%

15.4%

13.4%

11.6%

-12.2%

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

$1,888,000

$3,183,716

$2,101,167

$2,522,061

25.1%

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

current market snapshot AUG

$1.900

SEP

$1,945,500

OCT NOV

MEDIAN SALES PRICE

DEC

$872

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

12.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.945 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Beverly Center - Miracle Mile DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,160,000

$1,401,250

$1,230,000

$1,275,000

9.9%

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

$606

$626

$632

$621

2.5%

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

24

12

21

17

-29.2%

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

24

16

21

17

-29.2%

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

56

66

67

71

26.8%

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

63

34

37

38

-39.7%

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

2.3

5.5

3.2

4.2

79.0%

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

42.9%

24.2%

31.3%

23.9%

-44.1%

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

$1,080,000

$1,277,250

$1,339,500

$1,302,150

17.1%

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

current market snapshot AUG

$1.160

SEP

$1,275,000

OCT NOV

MEDIAN SALES PRICE

DEC

$621

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.275 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Beverly Hills DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$5,255,000

$5,600,000

$6,350,000

$3,082,500

-41.3%

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

$1,189

$1,410

$1,456

$1,325

11.4%

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

21

10

14

14

-33.3%

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

18

18

12

12

-33.3%

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

105

89

95

97

-7.6%

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

68

64

51

93

36.8%

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

5

8.9

6.8

6.9

38.6%

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

17.1%

20.2%

12.6%

12.4%

-27.8%

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

$4,282,000

$4,014,083

$2,975,833

$4,713,492

9.2%

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

current market snapshot $5.255

AUG SEP

$3,082,500

OCT NOV

MEDIAN SALES PRICE

DEC

$1,325

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$3.082 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Beverly Hills- Post Office DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$2,390,000

$2,225,000

$2,065,000

$2,370,000

-0.8%

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

$691

$637

$664

$747

8.1%

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

12

9

12

15

25.0%

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

14

7

18

10

-28.6%

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

123

107

124

131

6.5%

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

78

88

93

72

-7.7%

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

10.2

11.9

10.3

8.7

-14.8%

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

11.4%

6.5%

14.5%

7.6%

-32.9%

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

$2,027,000

$2,394,167

$2,303,333

$2,223,962

8.9%

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

current market snapshot AUG

$2.390

SEP

$2,370,000

OCT NOV

MEDIAN SALES PRICE

DEC

$747

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

8.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.370 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Beverlywood DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$750,000

$846,000

$865,000

$1,150,000

53.3%

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

$505

$545

$542

$622

23.2%

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

13

8

17

17

30.8%

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

15

21

21

18

20.0%

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

54

57

66

65

20.4%

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

44

36

27

43

-2.3%

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

4.2

7.1

3.9

3.8

-8.0%

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

27.8%

36.8%

31.8%

27.7%

-0.3%

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

$793,000

$1,000,750

$1,053,167

$979,000

19.0%

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

current market snapshot AUG

$750

SEP

$1,150,000

OCT NOV

MEDIAN SALES PRICE

DEC

$622

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Brentwood DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$2,218,000

$4,050,000

$3,166,500

$2,400,000

8.2%

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

$814

$952

$1,071

$1,053

29.4%

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

22

13

22

20

-9.1%

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

15

9

31

20

33.3%

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

100

84

123

103

3.0%

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

48

27

52

59

22.9%

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

4.5

6.5

5.6

5.2

13.3%

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

15.0%

10.7%

25.2%

19.4%

29.4%

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

$2,190,000

$2,721,500

$2,615,833

$2,614,637

16.2%

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

current market snapshot AUG

$2.218

SEP

$2,400,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,053

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.400 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,343,750

$2,000,000

$1,492,500

$1,348,000

0.3%

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

$616

$509

$815

$700

13.6%

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

10

3

8

10

0.0%

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

9

4

12

5

-44.4%

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

20

12

27

26

30.0%

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

56

9

23

17

-69.6%

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

2

4

3.4

2.6

30.0%

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

45.0%

33.3%

44.4%

19.2%

-57.3%

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

$1,333,000

$1,468,567

$1,502,667

$1,514,165

12.0%

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

current market snapshot AUG

$1.343

SEP

$1,348,000

OCT NOV

MEDIAN SALES PRICE

DEC

$700

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.348 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Culver City DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$849,000

$807,500

$860,000

$827,550

-2.5%

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

$504

$529

$597

$582

15.5%

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

25

12

13

12

-52.0%

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

23

9

18

21

-8.7%

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

57

29

40

57

0.0%

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

29

60

28

45

55.2%

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

2.3

2.4

3.1

4.8

108.3%

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

40.4%

31.0%

45.0%

36.8%

-8.7%

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

$744,000

$830,050

$850,267

$816,523

8.9%

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

current market snapshot AUG

$849

SEP

$827,550

OCT NOV

MEDIAN SALES PRICE

DEC

$582

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$827 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Hancock Park - Wilshire DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,125,000

$1,724,950

$1,078,250

$1,294,000

15.0%

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

$454

$641

$586

$644

41.9%

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

21

20

22

27

28.6%

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

26

20

26

23

-11.5%

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

99

81

113

108

9.1%

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

51

61

35

52

2.0%

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

4.7

4

5.1

4

-15.2%

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

26.3%

24.7%

23.0%

21.3%

-18.9%

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

$1,096,000

$1,295,875

$1,439,667

$1,335,544

17.9%

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

current market snapshot AUG

$1.125

SEP

$1,294,000

OCT NOV

MEDIAN SALES PRICE

DEC

$644

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.294 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Hollywood DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$744,000

$2,200,000

$1,325,000

$681,500

-8.4%

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

$395

$639

$553

$532

34.7%

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

4

1

5

4

0.0%

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

3

4

10

8

166.7%

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

20

17

32

26

30.0%

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

35

99

62

63

80.0%

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

5

17

6.4

6.5

30.0%

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

15.0%

23.5%

31.2%

30.8%

105.1%

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

$696,000

$856,436

$792,038

$866,051

19.6%

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

current market snapshot AUG

$744

SEP

$681,500

OCT NOV

MEDIAN SALES PRICE

DEC

$532

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$681 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Hollywood Hills East DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$944,600

$1,597,000

$965,000

$1,199,950

27.0%

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

$551

$583

$549

$583

5.8%

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

18

7

11

6

-66.7%

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

19

7

12

13

-31.6%

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

61

46

62

65

6.6%

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

40

73

34

35

-12.5%

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

3.2

6.6

5.2

10.8

237.4%

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

31.1%

15.2%

19.4%

20.0%

-35.8%

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

$975,000

$1,092,350

$1,145,200

$1,164,919

16.3%

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

current market snapshot AUG

$944

SEP

$1,199,950

OCT NOV

MEDIAN SALES PRICE

DEC

$583

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

10.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.199 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Laurel Canyon DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,279,615

$1,385,000

$1,390,000

$1,450,000

13.3%

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

$622

$601

$713

$722

16.1%

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

25

24

29

23

-8.0%

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

14

29

27

28

100.0%

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

124

129

142

141

13.7%

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

35

67

55

54

54.3%

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

8.9

4.4

5.3

6.1

-30.8%

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

11.3%

22.5%

19.0%

19.9%

75.9%

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

$1,191,000

$1,397,167

$1,342,667

$1,338,562

11.0%

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

current market snapshot AUG

$1.279

SEP

$1,450,000

OCT NOV

MEDIAN SALES PRICE

DEC

$722

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Los Feliz DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$989,000

$1,150,000

$1,180,000

$1,441,000

45.7%

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

$543

$567

$693

$615

13.3%

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

23

15

21

16

-30.4%

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

14

18

21

17

21.4%

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

62

77

94

79

27.4%

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

79

39

38

32

-59.5%

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

4.4

4.3

4.5

4.9

11.5%

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

22.6%

23.4%

22.3%

21.5%

-4.7%

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

$1,065,000

$1,304,333

$1,334,500

$1,297,538

17.9%

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

current market snapshot AUG

$989

SEP

$1,441,000

OCT NOV

MEDIAN SALES PRICE

DEC

$615

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.441 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Malibu DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$2,025,000

$2,091,959

$2,775,000

$1,875,000

-7.4%

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

$775

$671

$792

$608

-21.5%

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

10

14

17

9

-10.0%

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

20

14

17

25

25.0%

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

224

173

201

217

-3.1%

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

98

197

136

98

0.0%

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

22.4

12.4

11.8

24.1

7.6%

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

8.9%

8.1%

8.5%

11.5%

29.0%

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

$1,863,000

$2,264,167

$2,246,667

$2,241,016

16.9%

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

current market snapshot AUG

$2.025

SEP

$1,875,000

OCT NOV

MEDIAN SALES PRICE

DEC

$608

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

24.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Malibu Beach DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$8,374,125

$6,662,500

$9,930,000

$5,912,500

-29.4%

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

$2,667

$2,630

$2,422

$2,731

2.4%

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

4

4

1

8

100.0%

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

2

3

2

5

150.0%

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

79

61

80

77

-2.5%

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

108

77

72

103

-4.6%

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

19.8

15.2

80

9.6

-51.3%

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

2.5%

4.9%

2.5%

6.5%

156.5%

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

$5,799,000

$6,035,854

$5,452,500

$6,568,981

11.7%

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

current market snapshot AUG

$8.374

SEP

$5,912,500

OCT NOV

MEDIAN SALES PRICE

DEC

$2,731

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

9.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$5.912 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Marina Del Rey DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,250,000

$1,715,000

$1,735,000

$1,590,000

27.2%

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

$389

$522

$631

$655

68.4%

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

3

5

9

2

-33.3%

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

2

7

5

4

100.0%

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

21

26

23

25

19.0%

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

65

30

52

73

12.3%

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

7

5.2

2.6

12.5

78.6%

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

9.5%

26.9%

21.7%

16.0%

68.0%

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

$1,562,000

$1,783,200

$2,335,500

$1,643,917

5.0%

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

current market snapshot AUG

$1.250

SEP

$1,590,000

OCT NOV

MEDIAN SALES PRICE

DEC

$655

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

12.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.590 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Mid Los Angeles DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$435,000

$461,562

$625,000

$594,000

36.6%

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

$302

$338

$353

$347

14.9%

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

13

16

13

11

-15.4%

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

19

19

12

17

-10.5%

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

83

60

55

74

-10.8%

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

29

46

39

36

24.1%

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

6.4

3.8

4.2

6.7

5.4%

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

22.9%

31.7%

21.8%

23.0%

0.4%

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

$399,000

$554,417

$568,000

$500,620

20.3%

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

current market snapshot AUG

$435

SEP

$594,000

OCT NOV

MEDIAN SALES PRICE

DEC

$347

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$594 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Mid Wilshire DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$500,000

$0

$595,000

$662,000

32.4%

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

$285

$0

$419

$310

8.8%

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

5

0

3

5

0.0%

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

8

1

0

5

-37.5%

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

24

14

24

16

-33.3%

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

33

156

0

57

72.7%

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

4.8

0

8

3.2

-33.3%

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

33.3%

7.1%

0.0%

31.2%

-6.2%

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

$454,000

$661,800

$655,667

$612,091

25.8%

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

current market snapshot AUG

$500

SEP

$662,000

OCT NOV

MEDIAN SALES PRICE

DEC

$310

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$662 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Pacific Palisades DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$2,200,000

$2,935,000

$3,010,000

$2,225,000

1.1%

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

$802

$948

$929

$957

19.3%

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

37

16

29

23

-37.8%

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

34

26

44

20

-41.2%

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

119

110

131

113

-5.0%

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

64

50

53

42

-34.4%

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

3.2

6.9

4.5

4.9

52.8%

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

28.6%

23.6%

33.6%

17.7%

-38.1%

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

$2,196,000

$2,661,661

$2,545,822

$2,587,251

15.1%

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

current market snapshot AUG

$2.200

SEP

$2,225,000

OCT NOV

MEDIAN SALES PRICE

DEC

$957

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.225 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Palms - Mar Vista DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$994,000

$1,120,000

$989,000

$987,000

-0.7%

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

$599

$580

$661

$673

12.4%

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

26

13

24

22

-15.4%

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

27

20

23

24

-11.1%

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

69

56

74

84

21.7%

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

29

38

21

31

6.9%

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

2.7

4.3

3.1

3.8

43.9%

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

39.1%

35.7%

31.1%

28.6%

-27.0%

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

$842,000

$1,074,417

$1,006,667

$1,029,927

18.2%

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

current market snapshot AUG

$994

SEP

$987,000

OCT NOV

MEDIAN SALES PRICE

DEC

$673

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$987 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Playa Del Rey DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,277,500

$1,186,046

$1,268,000

$1,287,000

0.7%

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

$546

$491

$532

$681

24.7%

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

3

4

3

2

-33.3%

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

4

3

4

4

0.0%

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

22

11

16

17

-22.7%

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

106

39

34

30

-71.7%

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

7.3

2.8

5.3

8.5

15.9%

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

18.2%

27.3%

25.0%

23.5%

29.4%

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

$1,146,000

$1,294,250

$1,156,500

$1,231,904

7.0%

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

current market snapshot AUG

$1.277

SEP

$1,287,000

OCT NOV

MEDIAN SALES PRICE

DEC

$681

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

8.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.287 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Playa Vista DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,370,000

$1,134,995

$0

$1,187,500

-13.3%

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

$396

$478

$0

$492

24.2%

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

3

1

0

2

-33.3%

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

1

1

1

0

-100.0%

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

7

9

10

6

-14.3%

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

221

440

33

0

-100.0%

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

2.3

9

0

3

28.6%

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

14.3%

11.1%

10.0%

0.0%

-100.0%

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

$1,137,000

$1,064,625

$1,086,167

$1,176,999

3.4%

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

current market snapshot AUG

$1.370

SEP

$1,187,500

OCT NOV

MEDIAN SALES PRICE

DEC

$492

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.187 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Santa Monica DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,768,000

$1,896,000

$1,575,000

$2,043,250

15.6%

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

$867

$862

$945

$898

3.6%

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

23

13

17

18

-21.7%

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

20

16

23

19

-5.0%

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

83

68

89

77

-7.2%

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

45

57

46

52

15.6%

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

3.6

5.2

5.2

4.3

18.5%

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

24.1%

23.5%

25.8%

24.7%

2.4%

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

$1,995,000

$1,999,708

$1,961,917

$1,899,885

-5.0%

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

current market snapshot AUG

$1.768

SEP

$2,043,250

OCT NOV

MEDIAN SALES PRICE

DEC

$898

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.043 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,386,500

$1,585,980

$1,842,759

$1,850,000

33.4%

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

$702

$772

$759

$822

17.1%

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

40

31

35

31

-22.5%

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

35

37

39

40

14.3%

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

257

225

252

259

0.8%

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

46

77

60

81

76.1%

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

6.4

7.3

7.2

8.4

30.0%

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

13.6%

16.4%

15.5%

15.4%

13.4%

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

$1,444,000

$1,801,793

$1,811,667

$1,605,826

10.1%

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

current market snapshot AUG

$1.386

SEP

$1,850,000

OCT NOV

MEDIAN SALES PRICE

DEC

$822

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

8.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Venice DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,350,000

$1,425,000

$1,427,500

$1,800,000

33.3%

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

$791

$1,030

$947

$1,186

49.9%

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

21

9

26

15

-28.6%

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

30

15

19

14

-53.3%

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

86

57

62

56

-34.9%

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

38

24

30

67

76.3%

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

4.1

6.3

2.4

3.7

-8.8%

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

34.9%

26.3%

30.6%

25.0%

-28.3%

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

$1,303,000

$1,684,633

$1,758,333

$1,515,408

16.3%

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

current market snapshot AUG

$1.350

SEP

$1,800,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,186

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


West Hollywood DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,138,500

$1,055,000

$1,295,938

$1,543,125

35.5%

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

$667

$699

$753

$745

11.7%

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

7

6

10

10

42.9%

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

8

11

8

12

50.0%

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

44

42

40

50

13.6%

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

40

46

28

52

30.0%

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

6.3

7

4

5

-20.5%

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

18.2%

26.2%

20.0%

24.0%

32.0%

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

$1,145,000

$1,228,449

$1,203,708

$1,189,679

3.8%

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

current market snapshot AUG

$1.138

SEP

$1,543,125

OCT NOV

MEDIAN SALES PRICE

DEC

$745

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.543 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


West Los Angeles DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$881,250

$788,000

$908,250

$882,500

0.1%

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

$688

$641

$582

$557

-19.0%

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

4

5

8

7

75.0%

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

11

4

10

14

27.3%

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

25

14

34

36

44.0%

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

25

13

26

39

56.0%

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

6.2

2.8

4.2

5.1

-17.7%

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

44.0%

28.6%

29.4%

38.9%

-11.6%

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

$728,000

$874,042

$855,833

$838,377

15.2%

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

current market snapshot AUG

$881

SEP

$882,500

OCT NOV

MEDIAN SALES PRICE

DEC

$557

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$882 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Westchester DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$842,500

$800,000

$812,000

$810,000

-3.9%

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

$457

$443

$470

$517

13.1%

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

34

12

23

33

-2.9%

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

30

16

30

29

-3.3%

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

62

42

80

69

11.3%

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

30

20

23

32

6.7%

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

1.8

3.5

3.5

2.1

14.7%

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

48.4%

38.1%

37.5%

42.0%

-13.1%

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

$715,000

$817,833

$792,000

$820,154

14.7%

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

current market snapshot AUG

$842

SEP

$810,000

OCT NOV

MEDIAN SALES PRICE

DEC

$517

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$810 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Westwood - Century City DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,460,000

$2,135,000

$1,885,000

$1,867,500

27.9%

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

$758

$701

$760

$771

1.7%

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

13

5

16

18

38.5%

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

9

11

20

15

66.7%

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

52

39

74

59

13.5%

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

33

30

32

27

-18.2%

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

4

7.8

4.6

3.3

-18.1%

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

17.3%

28.2%

27.0%

25.4%

46.9%

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

$1,405,000

$1,820,417

$1,857,500

$1,686,769

20.1%

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

current market snapshot AUG

$1.460

SEP

$1,867,500

OCT NOV

MEDIAN SALES PRICE

DEC

$771

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.867 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


South Bay Macro Market DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,555,722

$1,072,875

$1,299,398

$1,303,933

-16.2%

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

$487

$566

$538

$593

21.6%

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

231

117

202

201

-13.0%

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

240

174

211

219

-8.8%

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

745

549

683

783

5.1%

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

50

60

57

82

64.4%

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

3.2

4.7

3.4

3.9

20.8%

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

32.2%

31.7%

30.9%

28.0%

-13.2%

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

$1,237,444

$1,325,481

$1,433,483

$1,344,277

8.6%

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

current market snapshot AUG

$1.555

SEP

$1,303,933

OCT NOV

MEDIAN SALES PRICE

DEC

$593

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.303 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


El Segundo DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$767,500

$952,000

$898,000

$960,000

25.1%

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

$432

$572

$430

$487

12.7%

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

8

1

8

7

-12.5%

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

7

7

10

7

0.0%

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

23

19

23

13

-43.5%

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

31

69

18

60

93.5%

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

2.9

19

2.9

1.9

-35.4%

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

30.4%

36.8%

43.5%

53.8%

76.9%

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

$843,000

$884,250

$910,000

$857,788

1.8%

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

current market snapshot AUG

$767

SEP

$960,000

OCT NOV

MEDIAN SALES PRICE

DEC

$487

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$960 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Manhattan Beach DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,925,000

$1,900,000

$2,015,000

$1,947,500

1.2%

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

$706

$1,025

$800

$925

31.0%

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

29

21

37

26

-10.3%

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

26

28

47

30

15.4%

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

82

67

100

83

1.2%

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

43

24

38

44

2.3%

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

2.8

3.2

2.7

3.2

12.9%

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

31.7%

41.8%

47.0%

36.1%

14.0%

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

$1,615,000

$1,897,875

$1,939,250

$1,868,173

15.7%

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

current market snapshot AUG

$1.925

SEP

$1,947,500

OCT NOV

MEDIAN SALES PRICE

DEC

$925

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.947 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Palos Verdes Estates DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,700,000

$1,387,500

$1,440,000

$1,725,000

1.5%

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

$609

$616

$630

$725

19.0%

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

15

8

11

22

46.7%

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

21

11

13

10

-52.4%

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

68

54

70

77

13.2%

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

46

64

43

80

73.9%

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

4.5

6.8

6.4

3.5

-22.8%

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

30.9%

20.4%

18.6%

13.0%

-57.9%

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

$1,582,000

$1,597,083

$1,625,000

$1,577,462

-0.3%

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

current market snapshot AUG

$1.700

SEP

$1,725,000

OCT NOV

MEDIAN SALES PRICE

DEC

$725

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Rancho Palos Verdes DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,150,000

$1,280,000

$1,308,000

$1,117,500

-2.8%

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

$482

$435

$513

$527

9.3%

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

42

15

31

34

-19.0%

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

36

18

38

40

11.1%

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

140

91

129

177

26.4%

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

39

50

43

43

10.3%

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

3.3

6.1

4.2

5.2

56.2%

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

25.7%

19.8%

29.5%

22.6%

-12.1%

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

$1,038,000

$1,161,650

$1,157,300

$1,159,454

11.7%

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

current market snapshot AUG

$1.150

SEP

$1,117,500

OCT NOV

MEDIAN SALES PRICE

DEC

$527

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.117 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Redondo Beach DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$866,000

$871,000

$800,086

$949,750

9.7%

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

$480

$655

$543

$564

17.5%

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

31

12

26

28

-9.7%

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

41

33

34

39

-4.9%

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

97

71

90

100

3.1%

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

34

27

30

41

20.6%

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

3.1

5.9

3.5

3.6

14.1%

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

42.3%

46.5%

37.8%

39.0%

-7.7%

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

$808,000

$903,973

$962,917

$875,334

8.3%

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

current market snapshot AUG

$866

SEP

$949,750

OCT NOV

MEDIAN SALES PRICE

DEC

$564

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$949 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Rolling Hills DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$5,200,000

$0

$2,438,500

$2,680,900

-48.4%

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

$433

$0

$604

$809

86.8%

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

1

0

1

2

100.0%

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

5

1

3

1

-80.0%

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

19

18

26

20

5.3%

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

122

160

182

326

167.2%

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

19

0

26

10

-47.4%

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

26.3%

5.6%

11.5%

5.0%

-81.0%

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

$2,873,000

$3,310,880

$3,730,300

$3,293,490

14.6%

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

current market snapshot $5.200

AUG SEP

$2,680,900

OCT NOV

MEDIAN SALES PRICE

DEC

$809

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

10 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Rolling Hills Estates DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,297,500

$1,095,000

$1,580,000

$1,060,000

-18.3%

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

$522

$489

$542

$528

1.1%

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

8

5

13

7

-12.5%

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

14

3

8

12

-14.3%

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

31

18

25

37

19.4%

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

59

39

77

55

-6.8%

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

3.9

3.6

1.9

5.3

36.4%

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

45.2%

16.7%

32.0%

32.4%

-28.2%

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

$1,317,000

$1,354,500

$1,361,667

$1,310,731

-0.5%

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

current market snapshot AUG

$1.297

SEP

$1,060,000

OCT NOV

MEDIAN SALES PRICE

DEC

$528

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.060 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


San Pedro DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$443,000

$470,000

$570,000

$649,000

46.5%

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

$341

$325

$349

$361

5.9%

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

35

23

25

21

-40.0%

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

41

27

27

30

-26.8%

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

133

112

110

125

-6.0%

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

43

71

56

54

25.6%

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

3.8

4.9

4.4

6

56.6%

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

30.8%

24.1%

24.5%

24.0%

-22.1%

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

$468,000

$547,750

$563,833

$515,808

10.2%

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

current market snapshot AUG

$443

SEP

$649,000

OCT NOV

MEDIAN SALES PRICE

DEC

$361

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$649 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Torrance DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$652,500

$627,500

$645,000

$645,750

-1.0%

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

$381

$412

$427

$408

7.1%

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

62

32

50

54

-12.9%

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

49

46

31

50

2.0%

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

152

99

110

151

-0.7%

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

33

35

26

37

12.1%

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

2.5

3.1

2.2

2.8

14.1%

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

32.2%

46.5%

28.2%

33.1%

2.7%

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

$593,000

$643,708

$651,083

$640,250

8.0%

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

current market snapshot AUG

$652

SEP

$645,750

OCT NOV

MEDIAN SALES PRICE

DEC

$408

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$645 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


San Fernando Valley Macro Market DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$731,143

$746,071

$750,286

$777,571

6.4%

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

$368

$361

$388

$390

6.1%

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

575

277

462

446

-22.4%

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

544

411

558

512

-5.9%

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

982

821

1,027

1,186

20.8%

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

50

57

52

63

26.5%

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

1.7

3

2.2

2.7

55.7%

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

55.4%

50.1%

54.3%

43.2%

-22.1%

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

$647,907

$781,298

$806,381

$749,835

15.7%

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

current market snapshot AUG

$731

SEP

$777,571

OCT NOV

MEDIAN SALES PRICE

DEC

$390

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$777 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Burbank DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$595,000

$655,000

$650,000

$630,000

5.9%

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

$406

$412

$415

$454

11.8%

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

62

39

36

56

-9.7%

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

56

56

52

48

-14.3%

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

78

77

70

88

12.8%

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

35

50

45

46

31.4%

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

1.3

2

1.9

1.6

24.9%

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

71.8%

72.7%

74.3%

54.5%

-24.0%

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

$551,385

$644,500

$657,333

$626,846

13.7%

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

current market snapshot AUG

$595

SEP

$630,000

OCT NOV

MEDIAN SALES PRICE

DEC

$454

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$630 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Encino DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$994,000

$1,423,000

$1,040,000

$1,113,000

12.0%

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

$413

$435

$435

$473

14.5%

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

36

20

34

34

-5.6%

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

29

36

55

33

13.8%

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

108

76

105

123

13.9%

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

47

97

52

67

42.6%

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

3

3.8

3.1

3.6

20.6%

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

26.9%

47.4%

52.4%

26.8%

-0.1%

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

$798,923

$1,026,667

$1,069,000

$1,028,154

28.7%

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

current market snapshot AUG

$994

SEP

$1,113,000

OCT NOV

MEDIAN SALES PRICE

DEC

$473

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.113 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Glendale DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$700,000

$713,000

$760,000

$806,000

15.1%

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

$375

$392

$405

$400

6.7%

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

83

28

67

60

-27.7%

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

73

44

72

69

-5.5%

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

110

95

127

104

-5.5%

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

48

50

51

55

14.6%

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

1.3

3.4

1.9

1.7

30.8%

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

66.4%

46.3%

56.7%

66.3%

-0.0%

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

$629,615

$735,667

$760,667

$721,462

14.6%

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

current market snapshot AUG

$700

SEP

$806,000

OCT NOV

MEDIAN SALES PRICE

DEC

$400

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$806 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


La Crescenta DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$773,000

$658,000

$695,000

$708,000

-8.4%

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

$411

$407

$398

$428

4.1%

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

18

11

21

36

100.0%

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

21

14

19

32

52.4%

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

33

24

34

39

18.2%

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

38

48

52

53

39.5%

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

1.8

2.2

1.6

1.1

-40.9%

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

63.6%

58.3%

55.9%

82.1%

28.9%

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

$621,462

$734,667

$733,000

$684,231

10.1%

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

current market snapshot AUG

$773

SEP

$708,000

OCT NOV

MEDIAN SALES PRICE

DEC

$428

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$708 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


North Hollywood DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$400,000

$435,000

$411,000

$432,000

8.0%

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

$306

$294

$310

$314

2.6%

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

44

31

36

32

-27.3%

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

47

36

57

49

4.3%

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

62

75

57

80

29.0%

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

39

47

50

65

66.7%

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

1.4

2.4

1.6

2.5

77.4%

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

75.8%

48.0%

100.0%

61.3%

-19.2%

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

$353,846

$442,500

$447,000

$423,308

19.6%

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

current market snapshot AUG

$400

SEP

$432,000

OCT NOV

MEDIAN SALES PRICE

DEC

$314

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$432 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Shadow Hills DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$865,000

$945,000

$640,000

$680,000

-21.4%

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

$319

$278

$311

$269

-15.7%

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

5

1

4

2

-60.0%

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

2

4

6

2

0.0%

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

19

7

12

19

0.0%

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

109

2

50

126

15.6%

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

3.8

7

3

9.5

150.0%

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

10.5%

57.1%

50.0%

10.5%

0.0%

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

$612,692

$716,000

$717,667

$748,000

22.1%

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

current market snapshot $865

AUG SEP

$680,000

OCT NOV

MEDIAN SALES PRICE

DEC

$269

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

9.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Sherman Oaks DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$828,000

$925,000

$985,000

$895,000

8.1%

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

$433

$436

$449

$430

-0.7%

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

70

38

65

52

-25.7%

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

65

54

66

75

15.4%

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

126

101

134

167

32.5%

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

50

61

52

65

30.0%

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

1.8

2.7

2.1

3.2

78.4%

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

51.6%

53.5%

49.3%

44.9%

-12.9%

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

$752,769

$913,333

$917,333

$884,692

17.5%

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

current market snapshot AUG

$828

SEP

$895,000

OCT NOV

MEDIAN SALES PRICE

DEC

$430

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$895 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Studio City DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,163,000

$1,085,000

$1,200,000

$1,265,000

8.8%

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

$472

$479

$545

$524

11.0%

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

48

14

39

23

-52.1%

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

42

29

41

35

-16.7%

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

87

69

82

86

-1.1%

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

57

42

60

57

0.0%

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

1.8

4.9

2.1

3.7

106.3%

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

48.3%

42.0%

50.0%

40.7%

-15.7%

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

$900,000

$1,219,167

$1,235,000

$1,147,846

27.5%

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

current market snapshot AUG

$1.163

SEP

$1,265,000

OCT NOV

MEDIAN SALES PRICE

DEC

$524

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.265 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Sun Valley DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$366,000

$390,000

$366,000

$428,000

16.9%

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

$256

$241

$273

$315

23.0%

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

24

10

12

12

-50.0%

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

22

8

19

20

-9.1%

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

41

33

41

41

0.0%

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

30

37

34

48

60.0%

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

1.7

3.3

3.4

3.4

100.0%

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

53.7%

24.2%

46.3%

48.8%

-9.1%

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

$360,538

$395,167

$397,667

$381,462

5.8%

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

current market snapshot AUG

$366

SEP

$428,000

OCT NOV

MEDIAN SALES PRICE

DEC

$315

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$428 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Sunland/Tujunga DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$446,000

$446,000

$437,000

$500,000

12.1%

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

$264

$314

$312

$286

8.3%

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

52

22

44

36

-30.8%

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

47

28

49

37

-21.3%

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

56

45

85

82

46.4%

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

44

62

52

71

61.4%

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

1.1

2

1.9

2.3

111.5%

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

83.9%

62.2%

57.6%

45.1%

-46.2%

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

$370,308

$449,000

$465,000

$436,769

17.9%

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

current market snapshot AUG

$446

SEP

$500,000

OCT NOV

MEDIAN SALES PRICE

DEC

$286

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Tarzana DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$700,000

$705,000

$968,000

$1,055,000

50.7%

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

$330

$323

$330

$392

18.8%

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

31

18

26

21

-32.3%

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

27

23

29

26

-3.7%

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

72

65

81

105

45.8%

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

60

64

48

71

18.3%

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

2.3

3.6

3.1

5

115.3%

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

37.5%

35.4%

35.8%

24.8%

-34.0%

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

$756,538

$942,333

$943,333

$843,308

11.5%

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

current market snapshot AUG

$700

SEP

$1,055,000

OCT NOV

MEDIAN SALES PRICE

DEC

$392

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.055 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Toluca Lake DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,033,000

$740,000

$944,000

$850,000

-17.7%

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

$455

$382

$530

$425

-6.6%

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

10

4

4

6

-40.0%

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

9

11

0

8

-11.1%

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

17

11

15

24

41.2%

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

57

41

46

45

-21.1%

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

1.7

2.8

3.8

4

135.3%

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

52.9%

100.0%

0.0%

33.3%

-37.0%

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

$1,101,000

$1,275,333

$1,474,333

$1,141,692

3.7%

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

current market snapshot AUG

$1.033

SEP

$850,000

OCT NOV

MEDIAN SALES PRICE

DEC

$425

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Valley Village DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$698,000

$660,000

$728,000

$825,000

18.2%

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

$398

$357

$409

$443

11.3%

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

16

6

5

15

-6.2%

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

22

10

13

13

-40.9%

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

23

12

27

31

34.8%

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

41

120

63

44

7.3%

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

1.4

2

5.4

2.1

43.8%

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

95.7%

83.3%

48.1%

41.9%

-56.2%

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

$670,231

$764,000

$787,333

$762,000

13.7%

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

current market snapshot AUG

$698

SEP

$825,000

OCT NOV

MEDIAN SALES PRICE

DEC

$443

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Woodland Hills DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$675,000

$665,000

$680,000

$699,000

3.6%

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

$310

$302

$314

$311

0.3%

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

76

35

69

61

-19.7%

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

82

58

80

65

-20.7%

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

150

131

157

197

31.3%

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

46

80

71

74

60.9%

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

2

3.7

2.3

3.2

63.6%

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

54.7%

44.3%

51.0%

33.0%

-39.6%

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

$591,385

$679,833

$684,667

$667,923

12.9%

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

current market snapshot AUG

$675

SEP

$699,000

OCT NOV

MEDIAN SALES PRICE

DEC

$311

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$699 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


San Gabriel Valley Macro Market DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$835,182

$920,455

$915,273

$932,091

11.6%

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

$464

$480

$504

$523

12.7%

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

355

196

274

324

-8.7%

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

346

254

313

309

-10.7%

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

609

424

609

714

17.2%

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

40

59

48

43

6.8%

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

1.7

2.2

2.2

2.2

28.5%

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

56.8%

59.9%

51.4%

43.3%

-23.8%

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

$803,664

$959,439

$953,455

$917,364

14.1%

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

current market snapshot AUG

$835

SEP

$932,091

OCT NOV

MEDIAN SALES PRICE

DEC

$523

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$932 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Altadena DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$625,000

$540,000

$675,000

$625,000

0.0%

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

$401

$342

$407

$389

-3.0%

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

41

18

44

36

-12.2%

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

39

33

38

37

-5.1%

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

54

40

53

71

31.5%

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

37

50

49

47

27.0%

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

1.3

2.2

1.2

2

49.7%

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

72.2%

82.5%

71.7%

52.1%

-27.8%

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

$534,231

$597,500

$603,333

$584,462

9.4%

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

current market snapshot AUG

$625

SEP

$625,000

OCT NOV

MEDIAN SALES PRICE

DEC

$389

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$625 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Arcadia DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,200,000

$1,580,000

$1,284,000

$1,200,000

0.0%

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

$539

$567

$573

$627

16.3%

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

65

37

46

41

-36.9%

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

59

41

66

41

-30.5%

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

108

66

114

173

60.2%

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

42

75

35

39

-7.1%

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

1.7

1.8

2.5

4.2

154.0%

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

54.6%

62.1%

57.9%

23.7%

-56.6%

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

$1,129,769

$1,348,833

$1,312,333

$1,371,385

21.4%

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

current market snapshot AUG

$1.200

SEP

$1,200,000

OCT NOV

MEDIAN SALES PRICE

DEC

$627

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Duarte DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$430,000

$383,000

$435,000

$425,000

-1.2%

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

$297

$285

$323

$311

4.7%

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

14

16

9

21

50.0%

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

9

12

12

14

55.6%

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

15

17

29

26

73.3%

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

35

73

54

48

37.1%

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

1.1

1.1

3.2

1.2

15.6%

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

60.0%

70.6%

41.4%

53.8%

-10.3%

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

$351,308

$437,000

$424,333

$407,923

16.1%

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

current market snapshot AUG

$430

SEP

$425,000

OCT NOV

MEDIAN SALES PRICE

DEC

$311

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$425 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Eagle Rock DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$582,000

$599,000

$673,000

$589,000

1.2%

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

$415

$374

$450

$500

20.5%

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

18

7

4

6

-66.7%

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

25

4

3

4

-84.0%

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

20

12

11

13

-35.0%

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

36

25

46

27

-25.0%

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

1.1

1.7

2.8

2.2

95.0%

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

125.0%

33.3%

27.3%

30.8%

-75.4%

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

$524,154

$660,667

$616,333

$614,769

17.3%

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

current market snapshot AUG

$582

SEP

$589,000

OCT NOV

MEDIAN SALES PRICE

DEC

$500

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$589 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


La Canada Flintridge DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,223,000

$1,190,000

$1,298,000

$1,285,000

5.1%

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

$498

$601

$506

$546

9.6%

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

27

16

24

27

0.0%

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

20

26

22

25

25.0%

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

58

46

49

47

-19.0%

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

40

75

54

61

52.5%

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

2.1

2.9

2

1.7

-19.0%

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

34.5%

56.5%

44.9%

53.2%

54.3%

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

$1,240,846

$1,337,333

$1,308,667

$1,281,923

3.3%

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

current market snapshot AUG

$1.223

SEP

$1,285,000

OCT NOV

MEDIAN SALES PRICE

DEC

$546

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.285 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Monrovia DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$588,000

$552,000

$580,000

$660,000

12.2%

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

$395

$372

$418

$390

-1.3%

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

30

15

25

21

-30.0%

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

24

19

29

29

20.8%

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

55

40

59

57

3.6%

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

54

87

55

55

1.9%

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

1.8

2.7

2.4

2.7

48.1%

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

43.6%

47.5%

49.2%

50.9%

16.6%

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

$514,154

$610,000

$641,000

$571,615

11.2%

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

current market snapshot AUG

$588

SEP

$660,000

OCT NOV

MEDIAN SALES PRICE

DEC

$390

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$660 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Pasadena DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$731,000

$605,000

$806,000

$739,000

1.1%

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

$486

$502

$493

$503

3.5%

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

97

47

87

103

6.2%

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

100

68

88

91

-9.0%

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

167

126

186

184

10.2%

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

43

63

48

62

44.2%

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

1.7

2.7

2.1

1.8

3.8%

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

59.9%

54.0%

47.3%

49.5%

-17.4%

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

$637,308

$771,833

$769,000

$726,231

14.0%

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

current market snapshot AUG

$731

SEP

$739,000

OCT NOV

MEDIAN SALES PRICE

DEC

$503

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$739 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


San Gabriel DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$648,000

$631,000

$776,000

$665,000

2.6%

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

$395

$389

$422

$439

11.1%

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

30

16

10

28

-6.7%

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

30

22

28

36

20.0%

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

77

43

48

79

2.6%

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

44

93

77

48

9.1%

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

2.6

2.7

4.8

2.8

9.9%

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

39.0%

51.2%

58.3%

45.6%

17.0%

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

$566,308

$688,500

$679,000

$661,538

16.8%

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

current market snapshot AUG

$648

SEP

$665,000

OCT NOV

MEDIAN SALES PRICE

DEC

$439

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$665 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


San Marino DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,525,000

$2,280,000

$1,925,000

$2,128,000

39.5%

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

$702

$821

$837

$872

24.2%

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

11

7

12

16

45.5%

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

11

10

9

15

36.4%

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

17

8

17

24

41.2%

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

28

40

30

29

3.6%

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

1.5

1.1

1.4

1.5

-2.9%

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

64.7%

125.0%

52.9%

62.5%

-3.4%

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

$1,663,077

$2,165,833

$2,124,333

$2,036,846

22.5%

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

current market snapshot AUG

$1.525

SEP

$2,128,000

OCT NOV

MEDIAN SALES PRICE

DEC

$872

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.128 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Sierra Madre DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$755,000

$840,000

$846,000

$869,000

15.1%

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

$450

$457

$434

$500

11.1%

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

5

6

10

17

240.0%

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

8

9

9

8

0.0%

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

25

17

26

17

-32.0%

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

47

32

49

38

-19.1%

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

5

2.8

2.6

1

-80.0%

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

32.0%

52.9%

34.6%

47.1%

47.1%

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

$719,308

$835,000

$800,667

$843,692

17.3%

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

current market snapshot AUG

$755

SEP

$869,000

OCT NOV

MEDIAN SALES PRICE

DEC

$500

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$869 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


South Pasadena DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$880,000

$925,000

$770,000

$1,068,000

21.4%

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

$526

$575

$684

$673

27.9%

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

17

11

3

8

-52.9%

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

21

10

9

9

-57.1%

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

13

9

17

23

76.9%

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

38

31

29

20

-47.4%

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

0.8

0.8

5.7

2.9

276.0%

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

161.5%

111.1%

52.9%

39.1%

-75.8%

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

$953,692

$1,101,333

$1,209,000

$990,615

3.9%

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

current market snapshot AUG

$880

SEP

$1,068,000

OCT NOV

MEDIAN SALES PRICE

DEC

$673

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.068 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Orange County

Orange County Macro

Ladera Ranch

San Juan Capistrano

Aliso Viejo

Laguna Beach

Shady Canyon

Balboa Peninsula

Laguna Hills

Turtle Ridge

Corona del Mar - Spyglass

Laguna Niguel

Turtle Rock

Coto de Caza

Laguna Woods

West Bay - Santa Ana Heights

Crystal Cove

Lower Newport Bay - Balboa Island

West Newport - Lido

Dana Point

Mission Viejo

Westminster

East Bluff - Harbor View

Newport Beach

East Costa Mesa

Newport Coast

Fountain Valley

Newport Heights

Huntington Beach

Rancho Santa Margarita

Irvine

San Clemente

Micro Market Report : August 2014

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : August 2014

telesproperties.com


Orange County DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$652,700

$664,500

$676,000

$680,000

4.2%

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

$383

$411

$405

$410

7.0%

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

1785

1030

1701

1671

-6.4%

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

1550

1374

1820

1693

9.2%

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

7,307

6,174

7,189

7,889

8.0%

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

59

68

51

60

1.7%

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

4.1

6

4.2

4.7

15.3%

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

21.2%

22.3%

25.3%

21.5%

1.2%

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

$584,000

$673,492

$679,983

$660,988

13.2%

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

current market snapshot AUG

$652

SEP

$680,000

OCT NOV

MEDIAN SALES PRICE

DEC

$410

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Aliso Viejo DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$732,500

$740,000

$715,000

$800,000

9.2%

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

$336

$348

$351

$328

-2.4%

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

26

9

31

21

-19.2%

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

22

18

24

19

-13.6%

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

80

72

84

83

3.8%

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

48

77

51

70

45.8%

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

3.1

8

2.7

4

28.5%

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

27.5%

25.0%

28.6%

22.9%

-16.8%

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

$648,000

$728,167

$759,333

$719,962

11.1%

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

current market snapshot AUG

$732

SEP

$800,000

OCT NOV

MEDIAN SALES PRICE

DEC

$328

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Balboa Peninsula DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$2,625,000

$3,304,000

$4,500,000

$2,117,500

-19.3%

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

$1,046

$1,217

$1,498

$1,211

15.8%

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

3

2

7

12

300.0%

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

1

7

4

5

400.0%

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

41

38

41

36

-12.2%

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

23

109

103

66

187.0%

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

13.7

19

5.9

3

-78.0%

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

2.4%

18.4%

9.8%

13.9%

469.4%

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

$2,036,000

$2,751,250

$2,180,833

$2,891,846

42.0%

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

current market snapshot AUG

$2.625

SEP

$2,117,500

OCT NOV

MEDIAN SALES PRICE

DEC

$1,211

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.117 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Corona del Mar - Spyglass DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$2,297,500

$2,500,000

$2,349,000

$2,200,000

-4.2%

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

$1,030

$1,010

$1,067

$948

-8.0%

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

14

11

13

16

14.3%

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

15

12

10

16

6.7%

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

77

58

66

82

6.5%

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

63

62

50

61

-3.2%

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

5.5

5.3

5.1

5.1

-6.8%

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

19.5%

20.7%

15.2%

19.5%

0.2%

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

$2,053,000

$2,321,083

$1,945,000

$2,414,942

17.6%

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

current market snapshot AUG

$2.297

SEP

$2,200,000

OCT NOV

MEDIAN SALES PRICE

DEC

$948

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Coto de Caza DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$936,200

$1,210,000

$1,062,000

$1,125,000

20.2%

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

$307

$355

$336

$345

12.4%

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

20

11

26

21

5.0%

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

20

17

12

17

-15.0%

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

135

120

131

141

4.4%

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

35

69

64

111

217.1%

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

6.8

10.9

5

6.7

-0.5%

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

14.8%

14.2%

9.2%

12.1%

-18.6%

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

$968,000

$1,162,917

$1,173,333

$1,116,785

15.4%

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

current market snapshot AUG

$936

SEP

$1,125,000

OCT NOV

MEDIAN SALES PRICE

DEC

$345

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.125 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Crystal Cove DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$3,950,000

$4,160,000

$5,149,000

$3,500,000

-11.4%

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

$998

$1,202

$1,157

$1,032

3.4%

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

6

3

2

1

-83.3%

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

3

4

1

2

-33.3%

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

22

18

23

24

9.1%

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

117

146

17

94

-19.7%

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

3.7

6

11.5

24

554.5%

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

13.6%

22.2%

4.3%

8.3%

-38.9%

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

$4,517,000

$4,517,333

$4,558,333

$4,541,115

0.5%

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

current market snapshot AUG

$3.950

SEP

$3,500,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,032

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

24 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$3.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Dana Point DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$897,000

$914,500

$832,000

$922,500

2.8%

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

$529

$708

$541

$512

-3.2%

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

35

25

30

29

-17.1%

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

33

27

38

43

30.3%

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

211

142

213

205

-2.8%

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

74

86

64

84

13.5%

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

6

5.7

7.1

7.1

17.3%

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

15.6%

19.0%

17.8%

21.0%

34.1%

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

$808,000

$891,142

$874,967

$900,450

11.4%

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

current market snapshot AUG

$897

SEP

$922,500

OCT NOV

MEDIAN SALES PRICE

DEC

$512

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$922 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


East Bluff - Harbor View DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$1,750,000

$1,675,000

$1,925,000

$1,862,000

6.4%

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

$639

$631

$667

$652

2.0%

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

19

18

19

18

-5.3%

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

13

10

22

22

69.2%

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

66

77

119

120

81.8%

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

86

35

49

79

-8.1%

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

3.5

4.3

6.3

6.7

91.9%

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

19.7%

13.0%

18.5%

18.3%

-6.9%

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

$1,523,000

$1,758,417

$1,749,500

$1,715,673

12.7%

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

current market snapshot AUG

$1.750

SEP

$1,862,000

OCT NOV

MEDIAN SALES PRICE

DEC

$652

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.862 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


East Costa Mesa DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$852,500

$737,000

$962,694

$950,000

11.4%

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

$492

$499

$543

$564

14.6%

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

16

12

20

17

6.2%

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

19

21

19

18

-5.3%

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

72

71

73

80

11.1%

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

53

50

67

56

5.7%

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

4.5

5.9

3.6

4.7

4.6%

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

26.4%

29.6%

26.0%

22.5%

-14.7%

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

$781,000

$902,449

$905,833

$870,888

11.5%

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

current market snapshot AUG

$852

SEP

$950,000

OCT NOV

MEDIAN SALES PRICE

DEC

$564

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Fountain Valley DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$670,000

$647,000

$699,900

$702,500

4.9%

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

$346

$338

$353

$341

-1.4%

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

41

20

25

30

-26.8%

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

29

32

17

28

-3.4%

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

75

78

87

82

9.3%

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

32

28

33

44

37.5%

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

1.8

3.9

3.5

2.7

49.4%

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

38.7%

41.0%

19.5%

34.1%

-11.7%

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

$604,000

$680,000

$680,333

$666,731

10.4%

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

current market snapshot AUG

$670

SEP

$702,500

OCT NOV

MEDIAN SALES PRICE

DEC

$341

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$702 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Huntington Beach DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$705,000

$774,500

$730,000

$720,000

2.1%

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

$387

$420

$427

$419

8.3%

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

110

56

105

131

19.1%

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

99

100

110

122

23.2%

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

388

346

427

463

19.3%

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

56

49

66

61

8.9%

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

3.5

6.2

4.1

3.5

0.2%

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

25.5%

28.9%

25.8%

26.3%

3.3%

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

$663,000

$738,808

$737,500

$733,796

10.7%

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

current market snapshot AUG

$705

SEP

$720,000

OCT NOV

MEDIAN SALES PRICE

DEC

$419

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$720 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Irvine DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$902,500

$940,000

$895,000

$895,000

-0.8%

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

$436

$476

$474

$461

5.7%

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

96

53

94

99

3.1%

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

93

82

100

95

2.2%

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

382

307

443

489

28.0%

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

42

52

52

59

40.5%

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

4

5.8

4.7

4.9

24.1%

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

24.3%

26.7%

22.6%

19.4%

-20.2%

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

$838,000

$904,417

$903,000

$897,130

7.1%

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

current market snapshot AUG

$902

SEP

$895,000

OCT NOV

MEDIAN SALES PRICE

DEC

$461

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$895 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Ladera Ranch DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

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

$847,750

$860,000

$804,500

$860,000

1.4%

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

$316

$339

$327

$344

8.9%

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

34

16

24

28

-17.6%

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

35

22

35

28

-20.0%

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

143

95

159

157

9.8%

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

52

54

63

61

17.3%

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

4.2

5.9

6.6

5.6

33.3%

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

24.5%

23.2%

22.0%

17.8%

-27.1%

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

$772,000

$836,903

$875,254

$849,551

10.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$847

SEP

$860,000

OCT NOV

MEDIAN SALES PRICE

DEC

$344

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$860 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Laguna Beach DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$2,045,250

$2,547,500

$2,050,000

$2,125,000

3.9%

Average Price per Square Foot ...........................

$1,041

$1,064

$1,064

$970

-6.8%

Properties Sold .......................................................

28

20

31

29

3.6%

Properties Pending Sale .......................................

32

28

33

37

15.6%

Properties For Sale ................................................

266

235

260

285

7.1%

Days on Market (Pending Sale) ...........................

89

87

92

106

19.1%

Month’s Supply of Inventory ................................

9.5

11.8

8.4

9.8

3.4%

Percent Under Contract ........................................

12.0%

11.9%

12.7%

13.0%

7.9%

Average Median Price for Last 12 Months ........

$1,546,000

$2,008,250

$1,978,333

$1,923,250

24.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$2.045

SEP

$2,125,000

OCT NOV

MEDIAN SALES PRICE

DEC

$970

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

9.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.125 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Laguna Niguel DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$819,000

$777,500

$863,950

$790,000

-3.5%

Average Price per Square Foot ...........................

$370

$378

$405

$395

6.8%

Properties Sold .......................................................

52

38

66

59

13.5%

Properties Pending Sale .......................................

43

60

61

69

60.5%

Properties For Sale ................................................

218

232

323

363

66.5%

Days on Market (Pending Sale) ...........................

58

55

67

73

25.9%

Month’s Supply of Inventory ................................

4.2

6.1

4.9

6.2

46.8%

Percent Under Contract ........................................

19.7%

25.9%

18.9%

19.0%

-3.6%

Average Median Price for Last 12 Months ........

$714,000

$802,242

$801,333

$799,065

11.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$819

SEP

$790,000

OCT NOV

MEDIAN SALES PRICE

DEC

$395

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$790 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Laguna Hills DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$672,500

$785,000

$684,500

$980,000

45.7%

Average Price per Square Foot ...........................

$343

$348

$363

$367

7.0%

Properties Sold .......................................................

32

13

24

21

-34.4%

Properties Pending Sale .......................................

26

17

25

21

-19.2%

Properties For Sale ................................................

101

80

112

118

16.8%

Days on Market (Pending Sale) ...........................

48

56

74

48

0.0%

Month’s Supply of Inventory ................................

3.2

6.2

4.7

5.6

78.0%

Percent Under Contract ........................................

25.7%

21.2%

22.3%

17.8%

-30.9%

Average Median Price for Last 12 Months ........

$680,000

$742,483

$821,833

$718,069

5.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$672

SEP

$980,000

OCT NOV

MEDIAN SALES PRICE

DEC

$367

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$980 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Laguna Woods DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$0

$0

$0

$0

0%

Average Price per Square Foot ...........................

$0

$0

$0

$0

0%

Properties Sold .......................................................

0

0

0

0

0%

Properties Pending Sale .......................................

2

0

1

0

-100.0%

Properties For Sale ................................................

3

0

2

0

-100.0%

Days on Market (Pending Sale) ...........................

46

0

41

0

-100.0%

Month’s Supply of Inventory ................................

0

0

0

0

0%

Percent Under Contract ........................................

66.7%

0%

50.0%

0%

0%

Average Median Price for Last 12 Months ........

$592,000

$772,000

$0

$633,000

6.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG SEP

No sales

OCT NOV

MEDIAN SALES PRICE

DEC

No sales

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

No sales MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$2,285,000

$2,762,500

$1,955,100

$4,950,000

116.6%

Average Price per Square Foot ...........................

$1,737

$1,563

$1,026

$1,189

-31.5%

Properties Sold .......................................................

3

4

10

7

133.3%

Properties Pending Sale .......................................

8

2

4

13

62.5%

Properties For Sale ................................................

35

41

41

49

40.0%

Days on Market (Pending Sale) ...........................

71

74

60

193

171.8%

Month’s Supply of Inventory ................................

11.7

10.2

4.1

7

-40.0%

Percent Under Contract ........................................

22.9%

4.9%

9.8%

26.5%

16.1%

Average Median Price for Last 12 Months ........

$2,454,000

$3,604,600

$3,824,167

$3,113,642

26.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$2.285

SEP

$4,950,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,189

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$4.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Mission Viejo DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$625,000

$629,000

$631,500

$635,000

1.6%

Average Price per Square Foot ...........................

$328

$319

$335

$332

1.2%

Properties Sold .......................................................

105

53

83

81

-22.9%

Properties Pending Sale .......................................

89

64

92

77

-13.5%

Properties For Sale ................................................

290

237

310

329

13.4%

Days on Market (Pending Sale) ...........................

36

52

46

60

66.7%

Month’s Supply of Inventory ................................

2.8

4.5

3.7

4.1

47.1%

Percent Under Contract ........................................

30.7%

27.0%

29.7%

23.4%

-23.7%

Average Median Price for Last 12 Months ........

$567,000

$637,750

$641,667

$631,038

11.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$625

SEP

$635,000

OCT NOV

MEDIAN SALES PRICE

DEC

$332

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$635 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Newport Beach DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$1,700,000

$1,650,000

$1,925,000

$1,825,000

7.4%

Average Price per Square Foot ...........................

$764

$765

$882

$891

16.6%

Properties Sold .......................................................

43

37

63

61

41.9%

Properties Pending Sale .......................................

41

37

60

64

56.1%

Properties For Sale ................................................

278

268

351

361

29.9%

Days on Market (Pending Sale) ...........................

84

65

63

96

14.3%

Month’s Supply of Inventory ................................

6.5

7.2

5.6

5.9

-8.5%

Percent Under Contract ........................................

14.7%

13.8%

17.1%

17.7%

20.2%

Average Median Price for Last 12 Months ........

$1,573,000

$1,823,583

$1,760,000

$1,816,462

15.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$1.700

SEP

$1,825,000

OCT NOV

MEDIAN SALES PRICE

DEC

$891

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Newport Coast DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$2,474,500

$2,650,000

$1,814,250

$2,450,000

-1.0%

Average Price per Square Foot ...........................

$803

$960

$785

$887

10.5%

Properties Sold .......................................................

22

7

11

13

-40.9%

Properties Pending Sale .......................................

25

11

11

9

-64.0%

Properties For Sale ................................................

90

76

110

93

3.3%

Days on Market (Pending Sale) ...........................

71

113

151

119

67.6%

Month’s Supply of Inventory ................................

4.1

10.9

10

7.2

74.9%

Percent Under Contract ........................................

27.8%

14.5%

10.0%

9.7%

-65.2%

Average Median Price for Last 12 Months ........

$2,724,000

$3,025,708

$3,247,500

$2,906,442

6.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$2.474

SEP

$2,450,000

OCT NOV

MEDIAN SALES PRICE

DEC

$887

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Newport Heights DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$1,375,000

$1,300,000

$2,416,366

$1,529,000

11.2%

Average Price per Square Foot ...........................

$594

$582

$652

$1,045

75.9%

Properties Sold .......................................................

5

3

8

2

-60.0%

Properties Pending Sale .......................................

7

3

4

6

-14.3%

Properties For Sale ................................................

35

32

25

40

14.3%

Days on Market (Pending Sale) ...........................

23

84

108

56

143.5%

Month’s Supply of Inventory ................................

7

10.7

3.1

20

185.7%

Percent Under Contract ........................................

20.0%

9.4%

16.0%

15.0%

-25.0%

Average Median Price for Last 12 Months ........

$1,439,000

$1,938,303

$1,841,150

$1,763,202

22.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$1.375

SEP

$1,529,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,045

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

20 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.529 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Rancho Santa Margarita DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$600,000

$700,000

$643,500

$650,000

8.3%

Average Price per Square Foot ...........................

$299

$311

$320

$311

4.0%

Properties Sold .......................................................

53

35

35

43

-18.9%

Properties Pending Sale .......................................

42

45

58

47

11.9%

Properties For Sale ................................................

147

121

178

197

34.0%

Days on Market (Pending Sale) ...........................

47

52

47

64

36.2%

Month’s Supply of Inventory ................................

2.8

3.5

5.1

4.6

65.2%

Percent Under Contract ........................................

28.6%

37.2%

32.6%

23.9%

-16.5%

Average Median Price for Last 12 Months ........

$584,000

$646,731

$654,963

$641,876

9.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$600

SEP

$650,000

OCT NOV

MEDIAN SALES PRICE

DEC

$311

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


San Clemente DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$872,500

$800,000

$853,750

$845,000

-3.2%

Average Price per Square Foot ...........................

$393

$415

$390

$371

-5.6%

Properties Sold .......................................................

56

49

68

58

3.6%

Properties Pending Sale .......................................

64

42

70

69

7.8%

Properties For Sale ................................................

311

247

311

368

18.3%

Days on Market (Pending Sale) ...........................

67

62

67

69

3.0%

Month’s Supply of Inventory ................................

5.6

5

4.6

6.3

14.2%

Percent Under Contract ........................................

20.6%

17.0%

22.5%

18.8%

-8.9%

Average Median Price for Last 12 Months ........

$766,000

$830,083

$831,250

$823,808

7.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$872

SEP

$845,000

OCT NOV

MEDIAN SALES PRICE

DEC

$371

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$845 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

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San Juan Capistrano DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$920,000

$1,610,000

$995,000

$635,000

-31.0%

Average Price per Square Foot ...........................

$335

$391

$351

$344

2.7%

Properties Sold .......................................................

34

16

25

35

2.9%

Properties Pending Sale .......................................

32

28

28

19

-40.6%

Properties For Sale ................................................

150

127

143

165

10.0%

Days on Market (Pending Sale) ...........................

48

84

80

69

43.8%

Month’s Supply of Inventory ................................

4.4

7.9

5.7

4.7

6.9%

Percent Under Contract ........................................

21.3%

22.0%

19.6%

11.5%

-46.0%

Average Median Price for Last 12 Months ........

$700,000

$725,833

$671,667

$833,154

19.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $920

AUG SEP

$635,000

OCT NOV

MEDIAN SALES PRICE

DEC

$344

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.7 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$635 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Shady Canyon DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$0

$0

$0

$0

0%

Average Price per Square Foot ...........................

$0

$0

$0

$0

0%

Properties Sold .......................................................

0

0

0

0

0%

Properties Pending Sale .......................................

0

2

0

0

0%

Properties For Sale ................................................

8

8

3

4

-50.0%

Days on Market (Pending Sale) ...........................

0

208

0

0

0%

Month’s Supply of Inventory ................................

0

0

0

0

0%

Percent Under Contract ........................................

0.0%

25.0%

0.0%

0.0%

0%

Average Median Price for Last 12 Months ........

$5,306,000

$4,506,333

$4,050,000

$4,954,750

-6.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG SEP

No sales

OCT NOV

MEDIAN SALES PRICE

DEC

No sales

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

No sales MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Turtle Ridge DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$2,987,500

$2,800,000

$3,550,000

$2,650,000

-11.3%

Average Price per Square Foot ...........................

$606

$692

$725

$711

17.3%

Properties Sold .......................................................

2

1

2

7

250.0%

Properties Pending Sale .......................................

0

5

6

3

0%

Properties For Sale ................................................

21

27

35

31

47.6%

Days on Market (Pending Sale) ...........................

0

104

155

62

0%

Month’s Supply of Inventory ................................

10.5

27

17.5

4.4

-57.8%

Percent Under Contract ........................................

0.0%

18.5%

17.1%

9.7%

0%

Average Median Price for Last 12 Months ........

$2,106,000

$2,519,733

$2,266,667

$2,544,666

20.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$2.987

SEP

$2,650,000

OCT NOV

MEDIAN SALES PRICE

DEC

$711

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

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Turtle Rock DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$1,737,500

$0

$0

$0

-100.0%

Average Price per Square Foot ...........................

$655

$0

$0

$0

-100.0%

Properties Sold .......................................................

2

0

0

0

-100.0%

Properties Pending Sale .......................................

4

2

0

0

-100.0%

Properties For Sale ................................................

16

5

3

5

-68.8%

Days on Market (Pending Sale) ...........................

66

144

0

0

-100.0%

Month’s Supply of Inventory ................................

8

0

0

0

0%

Percent Under Contract ........................................

25.0%

40.0%

0.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$1,255,000

$1,390,000

$0

$1,751,298

39.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$1.737

SEP

No sales

OCT NOV

MEDIAN SALES PRICE

DEC

No sales

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

No sales MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

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Westminster DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$505,000

$539,500

$518,500

$545,000

7.9%

Average Price per Square Foot ...........................

$320

$322

$307

$347

8.4%

Properties Sold .......................................................

31

24

36

37

19.4%

Properties Pending Sale .......................................

36

35

43

32

-11.1%

Properties For Sale ................................................

123

108

140

121

-1.6%

Days on Market (Pending Sale) ...........................

34

35

42

50

47.1%

Month’s Supply of Inventory ................................

4

4.5

3.9

3.3

-17.6%

Percent Under Contract ........................................

29.3%

32.4%

30.7%

26.4%

-9.6%

Average Median Price for Last 12 Months ........

$453,000

$527,657

$534,981

$516,226

14.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$505

SEP

$545,000

OCT NOV

MEDIAN SALES PRICE

DEC

$347

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$545 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


West Bay - Santa Ana Heights DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$1,205,500

$1,338,500

$1,270,000

$1,283,750

6.5%

Average Price per Square Foot ...........................

$603

$596

$556

$549

-9.0%

Properties Sold .......................................................

7

6

9

12

71.4%

Properties Pending Sale .......................................

4

9

15

7

75.0%

Properties For Sale ................................................

45

41

68

60

33.3%

Days on Market (Pending Sale) ...........................

31

68

58

80

158.1%

Month’s Supply of Inventory ................................

6.4

6.8

7.6

5

-22.2%

Percent Under Contract ........................................

8.9%

22.0%

22.1%

11.7%

31.2%

Average Median Price for Last 12 Months ........

$1,265,000

$1,464,792

$1,456,250

$1,481,750

17.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$1.205

SEP

$1,283,750

OCT NOV

MEDIAN SALES PRICE

DEC

$549

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.283 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


West Newport - Lido DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$2,350,000

$1,525,000

$2,850,000

$2,222,500

-5.4%

Average Price per Square Foot ...........................

$903

$836

$1,191

$1,166

29.1%

Properties Sold .......................................................

6

4

10

10

66.7%

Properties Pending Sale .......................................

8

6

11

10

25.0%

Properties For Sale ................................................

54

39

57

53

-1.9%

Days on Market (Pending Sale) ...........................

180

47

66

68

-62.2%

Month’s Supply of Inventory ................................

9

9.8

5.7

5.3

-41.1%

Percent Under Contract ........................................

14.8%

15.4%

19.3%

18.9%

27.4%

Average Median Price for Last 12 Months ........

$1,865,000

$2,328,250

$1,861,667

$2,172,242

16.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$2.350

SEP

$2,222,500

OCT NOV

MEDIAN SALES PRICE

DEC

$1,166

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$2.222 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

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Santa Barbara County

Carpinteria Goleta Hope Ranch Montecito Santa Barbara East of State Santa Barbara West of State Santa Ynez

Micro Market Report : August 2014

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County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : August 2014

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Carpinteria DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$895,964

$2,875,000

$708,250

$1,792,500

100.1%

Average Price per Square Foot ...........................

$585

$963

$521

$625

6.8%

Properties Sold .......................................................

9

3

6

6

-33.3%

Properties Pending Sale .......................................

9

2

2

7

-22.2%

Properties For Sale ................................................

54

38

37

45

-16.7%

Days on Market (Pending Sale) ...........................

70

264

87

157

124.3%

Month’s Supply of Inventory ................................

6

12.7

6.2

7.5

25.0%

Percent Under Contract ........................................

16.7%

5.3%

5.4%

15.6%

-6.7%

Average Median Price for Last 12 Months ........

$990,000

$1,501,625

$2,185,167

$1,408,342

42.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$895

SEP

$1,792,500

OCT NOV

MEDIAN SALES PRICE

DEC

$625

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.792 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Goleta DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$700,000

$870,000

$780,000

$820,000

17.1%

Average Price per Square Foot ...........................

$787

$560

$443

$445

-43.5%

Properties Sold .......................................................

13

5

8

7

-46.2%

Properties Pending Sale .......................................

14

8

5

8

-42.9%

Properties For Sale ................................................

28

27

18

30

7.1%

Days on Market (Pending Sale) ...........................

42

16

13

18

-57.1%

Month’s Supply of Inventory ................................

2.2

5.4

2.2

4.3

99.0%

Percent Under Contract ........................................

50.0%

29.6%

27.8%

26.7%

-46.7%

Average Median Price for Last 12 Months ........

$713,000

$788,167

$821,333

$791,038

10.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$700

SEP

$820,000

OCT NOV

MEDIAN SALES PRICE

DEC

$445

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$820 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Hope Ranch DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$1,900,000

$3,750,000

$2,812,500

$3,300,000

73.7%

Average Price per Square Foot ...........................

$713

$1,312

$875

$832

16.7%

Properties Sold .......................................................

2

1

1

5

150.0%

Properties Pending Sale .......................................

1

3

3

2

100.0%

Properties For Sale ................................................

31

34

38

37

19.4%

Days on Market (Pending Sale) ...........................

19

16

40

31

63.2%

Month’s Supply of Inventory ................................

15.5

34

38

7.4

-52.3%

Percent Under Contract ........................................

3.2%

8.8%

7.9%

5.4%

67.6%

Average Median Price for Last 12 Months ........

$2,596,000

$3,124,708

$2,518,333

$3,084,865

18.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$1.900

SEP

$3,300,000

OCT NOV

MEDIAN SALES PRICE

DEC

$832

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$3.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Montecito DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$2,632,500

$2,220,000

$2,167,500

$3,328,000

26.4%

Average Price per Square Foot ...........................

$1,215

$1,197

$871

$912

-24.9%

Properties Sold .......................................................

20

8

18

23

15.0%

Properties Pending Sale .......................................

17

8

27

18

5.9%

Properties For Sale ................................................

194

151

195

173

-10.8%

Days on Market (Pending Sale) ...........................

91

212

86

127

39.6%

Month’s Supply of Inventory ................................

9.7

18.9

10.8

7.5

-22.5%

Percent Under Contract ........................................

8.8%

5.3%

13.8%

10.4%

18.7%

Average Median Price for Last 12 Months ........

$2,395,000

$3,042,167

$3,532,667

$2,668,558

11.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$2.632

SEP

$3,328,000

OCT NOV

MEDIAN SALES PRICE

DEC

$912

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$3.328 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Santa Barbara East of State DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$1,295,000

$1,203,000

$1,425,000

$1,315,000

1.5%

Average Price per Square Foot ...........................

$581

$536

$659

$684

17.7%

Properties Sold .......................................................

34

18

41

28

-17.6%

Properties Pending Sale .......................................

23

22

21

27

17.4%

Properties For Sale ................................................

147

99

119

140

-4.8%

Days on Market (Pending Sale) ...........................

29

28

40

61

110.3%

Month’s Supply of Inventory ................................

4.3

5.5

2.9

5

15.6%

Percent Under Contract ........................................

15.6%

22.2%

17.6%

19.3%

23.3%

Average Median Price for Last 12 Months ........

$956,000

$1,254,333

$1,197,000

$1,179,346

23.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$1.295

SEP

$1,315,000

OCT NOV

MEDIAN SALES PRICE

DEC

$684

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.315 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Santa Barbara West of State DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$945,000

$905,000

$950,000

$1,338,000

41.6%

Average Price per Square Foot ...........................

$609

$565

$500

$723

18.7%

Properties Sold .......................................................

24

13

27

23

-4.2%

Properties Pending Sale .......................................

26

18

20

23

-11.5%

Properties For Sale ................................................

89

63

69

74

-16.9%

Days on Market (Pending Sale) ...........................

28

55

24

28

0.0%

Month’s Supply of Inventory ................................

3.7

4.8

2.6

3.2

-13.2%

Percent Under Contract ........................................

29.2%

28.6%

29.0%

31.1%

6.4%

Average Median Price for Last 12 Months ........

$766,000

$975,917

$996,000

$946,077

23.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$945

SEP

$1,338,000

OCT NOV

MEDIAN SALES PRICE

DEC

$723

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.338 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Santa Ynez DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$806,000

$785,000

$600,000

$946,250

17.4%

Average Price per Square Foot ...........................

$334

$328

$463

$424

26.9%

Properties Sold .......................................................

13

5

11

14

7.7%

Properties Pending Sale .......................................

6

11

13

8

33.3%

Properties For Sale ................................................

118

106

126

124

5.1%

Days on Market (Pending Sale) ...........................

27

223

92

331

1125.9%

Month’s Supply of Inventory ................................

9.1

21.2

11.5

8.9

-2.4%

Percent Under Contract ........................................

5.1%

10.4%

10.3%

6.5%

26.9%

Average Median Price for Last 12 Months ........

$668,000

$738,125

$885,417

$728,942

9.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$806

SEP

$946,250

OCT NOV

MEDIAN SALES PRICE

DEC

$424

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

8.9 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$946 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : August 2014

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County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : August 2014

telesproperties.com


Carmel DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$890,000

$1,587,500

$1,072,500

$1,260,000

41.6%

Average Price per Square Foot ...........................

$715

$807

$729

$733

2.5%

Properties Sold .......................................................

19

22

30

25

31.6%

Properties Pending Sale .......................................

18

25

29

13

-27.8%

Properties For Sale ................................................

179

149

153

134

-25.1%

Days on Market (Pending Sale) ...........................

128

103

102

81

-36.7%

Month’s Supply of Inventory ................................

9.4

6.8

5.1

5.4

-43.1%

Percent Under Contract ........................................

10.1%

16.8%

19.0%

9.7%

-3.5%

Average Median Price for Last 12 Months ........

$1,222,000

$1,304,583

$1,370,000

$1,334,587

9.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$890

SEP

$1,260,000

OCT NOV

MEDIAN SALES PRICE

DEC

$733

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.260 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Carmel Valley DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$957,000

$1,317,500

$1,039,000

$921,000

-3.8%

Average Price per Square Foot ...........................

$424

$431

$445

$426

0.5%

Properties Sold .......................................................

8

10

17

15

87.5%

Properties Pending Sale .......................................

8

8

17

11

37.5%

Properties For Sale ................................................

115

85

99

97

-15.7%

Days on Market (Pending Sale) ...........................

109

64

66

181

66.1%

Month’s Supply of Inventory ................................

14.4

8.5

5.8

6.5

-55.0%

Percent Under Contract ........................................

7.0%

9.4%

17.2%

11.3%

63.0%

Average Median Price for Last 12 Months ........

$845,000

$907,125

$826,000

$1,020,058

20.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$957

SEP

$921,000

OCT NOV

MEDIAN SALES PRICE

DEC

$426

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$921 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

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Pacific Grove DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$730,000

$745,000

$702,500

$717,500

-1.7%

Average Price per Square Foot ...........................

$514

$451

$460

$553

7.6%

Properties Sold .......................................................

13

5

14

12

-7.7%

Properties Pending Sale .......................................

15

15

12

13

-13.3%

Properties For Sale ................................................

72

54

58

64

-11.1%

Days on Market (Pending Sale) ...........................

73

82

50

27

-63.0%

Month’s Supply of Inventory ................................

5.5

10.8

4.1

5.3

-3.7%

Percent Under Contract ........................................

20.8%

27.8%

20.7%

20.3%

-2.5%

Average Median Price for Last 12 Months ........

$648,000

$711,450

$720,333

$725,008

11.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$730

SEP

$717,500

OCT NOV

MEDIAN SALES PRICE

DEC

$553

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

5.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$717 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Pebble Beach DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$945,000

$1,354,000

$1,445,000

$1,610,000

70.4%

Average Price per Square Foot ...........................

$775

$735

$995

$578

-25.4%

Properties Sold .......................................................

10

14

13

8

-20.0%

Properties Pending Sale .......................................

8

9

11

16

100.0%

Properties For Sale ................................................

99

78

79

98

-1.0%

Days on Market (Pending Sale) ...........................

66

191

116

158

139.4%

Month’s Supply of Inventory ................................

9.9

5.6

6.1

12.2

23.7%

Percent Under Contract ........................................

8.1%

11.5%

13.9%

16.3%

102.0%

Average Median Price for Last 12 Months ........

$1,267,000

$1,470,000

$1,514,167

$1,476,517

16.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$945

SEP

$1,610,000

OCT NOV

MEDIAN SALES PRICE

DEC

$578

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

12.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.610 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

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Condominiums

Beverly Center - Miracle Mile Beverly Hills Brentwood Culver City Encino Malibu Marina Del Rey Santa Monica Sherman Oaks Studio City Venice West Hollywood West LA Westwood - Century City

Micro Market Report : August 2014

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : August 2014

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Beverly Center - Miracle Mile DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$809,500

$769,500

$645,500

$660,000

-18.5%

Average Price per Square Foot ...........................

$455

$605

$504

$487

7.0%

Properties Sold .......................................................

4

4

8

13

225.0%

Properties Pending Sale .......................................

19

11

15

10

-47.4%

Properties For Sale ................................................

49

24

39

34

-30.6%

Days on Market (Pending Sale) ...........................

19

56

27

44

131.6%

Month’s Supply of Inventory ................................

12.2

6

4.9

2.6

-78.6%

Percent Under Contract ........................................

38.8%

45.8%

38.5%

29.4%

-24.1%

Average Median Price for Last 12 Months ........

$553,000

$630,917

$588,333

$674,731

22.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $809

AUG SEP

$660,000

OCT NOV

MEDIAN SALES PRICE

DEC

$487

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.6 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$660 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

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Beverly Hills DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$747,500

$1,288,000

$1,152,500

$1,259,000

68.4%

Average Price per Square Foot ...........................

$504

$612

$716

$1,054

109.1%

Properties Sold .......................................................

8

10

12

9

12.5%

Properties Pending Sale .......................................

5

8

11

8

60.0%

Properties For Sale ................................................

44

49

56

56

27.3%

Days on Market (Pending Sale) ...........................

38

83

42

48

26.3%

Month’s Supply of Inventory ................................

5.5

4.9

4.7

6.2

13.1%

Percent Under Contract ........................................

11.4%

16.3%

19.6%

14.3%

25.7%

Average Median Price for Last 12 Months ........

$845,000

$1,019,083

$1,032,333

$1,013,154

19.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$747

SEP

$1,259,000

OCT NOV

MEDIAN SALES PRICE

DEC

$1,054

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

6.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.259 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

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Brentwood DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$696,000

$747,000

$672,500

$809,500

16.3%

Average Price per Square Foot ...........................

$514

$466

$513

$560

8.9%

Properties Sold .......................................................

20

9

20

30

50.0%

Properties Pending Sale .......................................

23

13

20

28

21.7%

Properties For Sale ................................................

81

66

86

105

29.6%

Days on Market (Pending Sale) ...........................

38

46

37

37

-2.6%

Month’s Supply of Inventory ................................

4

7.3

4.3

3.5

-13.6%

Percent Under Contract ........................................

28.4%

19.7%

23.3%

26.7%

-6.1%

Average Median Price for Last 12 Months ........

$686,000

$759,500

$746,667

$736,231

7.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$696

SEP

$809,500

OCT NOV

MEDIAN SALES PRICE

DEC

$560

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$809 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Culver City DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$409,000

$392,500

$410,000

$442,000

8.1%

Average Price per Square Foot ...........................

$361

$354

$415

$416

15.2%

Properties Sold .......................................................

21

10

16

15

-28.6%

Properties Pending Sale .......................................

25

16

22

19

-24.0%

Properties For Sale ................................................

39

44

52

47

20.5%

Days on Market (Pending Sale) ...........................

28

41

28

35

25.0%

Month’s Supply of Inventory ................................

1.9

4.4

3.2

3.1

68.7%

Percent Under Contract ........................................

64.1%

36.4%

42.3%

40.4%

-36.9%

Average Median Price for Last 12 Months ........

$358,000

$417,708

$422,417

$409,135

14.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$409

SEP

$442,000

OCT NOV

MEDIAN SALES PRICE

DEC

$416

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.1 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$442 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

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Encino DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$320,000

$377,000

$320,000

$275,000

-14.1%

Average Price per Square Foot ...........................

$247

$288

$267

$273

10.5%

Properties Sold .......................................................

15

12

15

13

-13.3%

Properties Pending Sale .......................................

15

17

24

14

-6.7%

Properties For Sale ................................................

25

33

40

46

84.0%

Days on Market (Pending Sale) ...........................

48

57

59

57

18.8%

Month’s Supply of Inventory ................................

1.7

2.8

2.7

3.5

112.3%

Percent Under Contract ........................................

60.0%

51.5%

60.0%

30.4%

-49.3%

Average Median Price for Last 12 Months ........

$245,154

$287,333

$264,000

$296,154

20.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$320

SEP

$275,000

OCT NOV

MEDIAN SALES PRICE

DEC

$273

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$275 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Malibu DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$847,500

$817,500

$1,025,000

$1,100,000

29.8%

Average Price per Square Foot ...........................

$460

$478

$480

$536

16.5%

Properties Sold .......................................................

4

2

3

4

0.0%

Properties Pending Sale .......................................

1

2

1

6

500.0%

Properties For Sale ................................................

25

22

17

33

32.0%

Days on Market (Pending Sale) ...........................

38

32

15

51

34.2%

Month’s Supply of Inventory ................................

6.2

11

5.7

8.2

32.0%

Percent Under Contract ........................................

4.0%

9.1%

5.9%

18.2%

354.5%

Average Median Price for Last 12 Months ........

$662,000

$860,000

$824,667

$823,409

24.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$847

SEP

$1,100,000

OCT NOV

MEDIAN SALES PRICE

DEC

$536

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

8.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.100 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Marina Del Rey DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$683,000

$752,000

$817,500

$777,500

13.8%

Average Price per Square Foot ...........................

$553

$466

$511

$517

-6.5%

Properties Sold .......................................................

29

21

26

26

-10.3%

Properties Pending Sale .......................................

25

27

32

22

-12.0%

Properties For Sale ................................................

138

140

146

110

-20.3%

Days on Market (Pending Sale) ...........................

96

56

76

104

8.3%

Month’s Supply of Inventory ................................

4.8

6.7

5.6

4.2

-11.1%

Percent Under Contract ........................................

18.1%

19.3%

21.9%

20.0%

10.4%

Average Median Price for Last 12 Months ........

$672,000

$770,417

$779,167

$742,697

10.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$683

SEP

$777,500

OCT NOV

MEDIAN SALES PRICE

DEC

$517

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$777 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Santa Monica DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$850,000

$694,800

$884,500

$1,010,000

18.8%

Average Price per Square Foot ...........................

$676

$795

$752

$993

46.9%

Properties Sold .......................................................

40

23

28

53

32.5%

Properties Pending Sale .......................................

39

41

40

51

30.8%

Properties For Sale ................................................

106

124

156

171

61.3%

Days on Market (Pending Sale) ...........................

39

54

42

44

12.8%

Month’s Supply of Inventory ................................

2.6

5.4

5.6

3.2

21.8%

Percent Under Contract ........................................

36.8%

33.1%

25.6%

29.8%

-18.9%

Average Median Price for Last 12 Months ........

$730,000

$910,333

$1,017,500

$839,735

15.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$850

SEP

$1,010,000

OCT NOV

MEDIAN SALES PRICE

DEC

$993

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

3.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.010 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Sherman Oaks DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$360,000

$381,000

$413,000

$390,000

8.3%

Average Price per Square Foot ...........................

$305

$293

$313

$295

-3.3%

Properties Sold .......................................................

33

12

21

21

-36.4%

Properties Pending Sale .......................................

31

18

16

19

-38.7%

Properties For Sale ................................................

27

35

53

49

81.5%

Days on Market (Pending Sale) ...........................

47

53

60

48

2.1%

Month’s Supply of Inventory ................................

0.8

2.9

2.5

2.3

185.2%

Percent Under Contract ........................................

114.8%

51.4%

30.2%

38.8%

-66.2%

Average Median Price for Last 12 Months ........

$327,769

$395,667

$395,000

$393,000

19.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$360

SEP

$390,000

OCT NOV

MEDIAN SALES PRICE

DEC

$295

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.3 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$390 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Studio City DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$435,000

$439,000

$540,000

$530,000

21.8%

Average Price per Square Foot ...........................

$345

$396

$340

$409

18.6%

Properties Sold .......................................................

7

9

7

13

85.7%

Properties Pending Sale .......................................

14

10

8

9

-35.7%

Properties For Sale ................................................

17

29

37

32

88.2%

Days on Market (Pending Sale) ...........................

26

47

97

58

123.1%

Month’s Supply of Inventory ................................

2.4

3.2

5.3

2.5

1.4%

Percent Under Contract ........................................

82.4%

34.5%

21.6%

28.1%

-65.8%

Average Median Price for Last 12 Months ........

$430,308

$494,000

$501,333

$472,308

9.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$435

SEP

$530,000

OCT NOV

MEDIAN SALES PRICE

DEC

$409

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

2.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$530 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Venice DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$1,340,000

$1,179,000

$1,643,000

$1,287,500

-3.9%

Average Price per Square Foot ...........................

$578

$788

$1,088

$885

53.1%

Properties Sold .......................................................

3

5

2

4

33.3%

Properties Pending Sale .......................................

4

3

8

7

75.0%

Properties For Sale ................................................

20

11

29

30

50.0%

Days on Market (Pending Sale) ...........................

48

23

14

76

58.3%

Month’s Supply of Inventory ................................

6.7

2.2

14.5

7.5

12.5%

Percent Under Contract ........................................

20.0%

27.3%

27.6%

23.3%

16.7%

Average Median Price for Last 12 Months ........

$1,119,000

$1,221,383

$1,269,667

$1,130,483

1.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$1.340

SEP

$1,287,500

OCT NOV

MEDIAN SALES PRICE

DEC

$885

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7.5 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$1.287 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


West Hollywood DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$550,000

$563,750

$610,000

$642,500

16.8%

Average Price per Square Foot ...........................

$532

$506

$551

$542

1.9%

Properties Sold .......................................................

33

24

29

28

-15.2%

Properties Pending Sale .......................................

31

27

32

25

-19.4%

Properties For Sale ................................................

128

108

138

135

5.5%

Days on Market (Pending Sale) ...........................

48

39

42

33

-31.2%

Month’s Supply of Inventory ................................

3.9

4.5

4.8

4.8

24.3%

Percent Under Contract ........................................

24.2%

25.0%

23.2%

18.5%

-23.5%

Average Median Price for Last 12 Months ........

$498,000

$633,583

$620,833

$616,135

23.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$550

SEP

$642,500

OCT NOV

MEDIAN SALES PRICE

DEC

$542

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.8 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$642 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


West LA DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$660,000

$600,000

$706,000

$620,000

-6.1%

Average Price per Square Foot ...........................

$453

$441

$476

$473

4.4%

Properties Sold .......................................................

19

13

9

13

-31.6%

Properties Pending Sale .......................................

13

12

20

14

7.7%

Properties For Sale ................................................

50

44

66

54

8.0%

Days on Market (Pending Sale) ...........................

37

43

32

38

2.7%

Month’s Supply of Inventory ................................

2.6

3.4

7.3

4.2

57.8%

Percent Under Contract ........................................

26.0%

27.3%

30.3%

25.9%

-0.3%

Average Median Price for Last 12 Months ........

$627,000

$630,917

$636,833

$640,442

2.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$660

SEP

$620,000

OCT NOV

MEDIAN SALES PRICE

DEC

$473

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

4.2 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$620 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


Westwood - Century City DATA*

Aug 2013

6 month

3 month

Aug 2014

% change

Median Price ..........................................................

$680,000

$816,063

$805,000

$750,875

10.4%

Average Price per Square Foot ...........................

$603

$608

$677

$571

-5.3%

Properties Sold .......................................................

58

40

39

40

-31.0%

Properties Pending Sale .......................................

62

39

44

54

-12.9%

Properties For Sale ................................................

295

268

294

296

0.3%

Days on Market (Pending Sale) ...........................

69

89

58

78

13.0%

Month’s Supply of Inventory ................................

5.1

6.7

7.5

7.4

45.5%

Percent Under Contract ........................................

21.0%

14.6%

15.0%

18.2%

-13.2%

Average Median Price for Last 12 Months ........

$653,000

$761,979

$759,292

$753,882

15.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot AUG

$680

SEP

$750,875

OCT NOV

MEDIAN SALES PRICE

DEC

$571

JAN FEB

AVERAGE PRICE PER SQ FT

MAR APR MAY

7.4 MONTH’S SUPPLY OF INVENTORY

JUN JUL AUG

$750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : August 2014

telesproperties.com


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