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micro market report luxury real estate market research December 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 : December 2014

telesproperties.com


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

Micro Market Report : December 2014

telesproperties.com


Los Angeles County DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$490,000

$536,000

$530,000

$500,000

2.0%

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

$401

$414

$425

$404

0.7%

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

3118

4046

3814

4029

29.2%

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

2634

4184

3786

3393

28.8%

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

16,242

20,340

20,851

16,011

-1.4%

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

64

54

60

60

-6.2%

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

5.2

5

5.5

4

-23.7%

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

16.2%

20.6%

18.2%

21.2%

30.7%

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

$627,000

$528,333

$517,667

$514,692

-21.8%

*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 DEC

$490

JAN

$500,000

FEB MAR

MEDIAN SALES PRICE

APR

$404

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Bel-Air Holmby Hills DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,526,000

$2,300,000

$3,105,000

$1,622,500

6.3%

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

$742

$970

$829

$981

32.2%

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

9

10

9

14

55.6%

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

8

11

7

9

12.5%

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

100

117

129

110

10.0%

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

124

81

60

94

-24.2%

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

11.1

11.7

14.3

7.9

-29.3%

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

8.0%

9.4%

5.4%

8.2%

2.3%

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

$1,893,000

$2,032,017

$1,694,533

$2,509,569

24.6%

*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 DEC

$1.526

JAN

$1,622,500

FEB MAR

MEDIAN SALES PRICE

APR

$981

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

7.9 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.622 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 : December 2014

telesproperties.com


Beverly Center - Miracle Mile DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,235,000

$1,429,000

$1,580,250

$1,330,000

7.7%

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

$535

$738

$740

$629

17.6%

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

13

16

16

10

-23.1%

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

11

18

20

6

-45.5%

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

44

74

70

52

18.2%

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

50

20

41

59

18.0%

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

3.4

4.6

4.4

5.2

53.6%

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

25.0%

24.3%

28.6%

11.5%

-53.8%

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

$1,174,000

$1,374,883

$1,359,850

$1,327,658

11.6%

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

current market snapshot DEC

$1.235

JAN

$1,330,000

FEB MAR

MEDIAN SALES PRICE

APR

$629

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

5.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.330 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 : December 2014

telesproperties.com


Beverly Hills DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$6,219,900

$2,795,000

$4,300,000

$4,395,000

-29.3%

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

$1,202

$1,182

$1,075

$2,031

69.0%

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

12

11

11

11

-8.3%

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

7

17

14

8

14.3%

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

79

97

100

84

6.3%

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

83

54

51

110

32.5%

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

6.6

8.8

9.1

7.6

16.0%

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

8.9%

17.5%

14.0%

9.5%

7.5%

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

$4,641,000

$4,004,167

$4,530,833

$4,538,108

-2.3%

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

current market snapshot $6.219

DEC JAN

$4,395,000

FEB MAR

MEDIAN SALES PRICE

APR

$2,031

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

7.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$4.395 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 : December 2014

telesproperties.com


Beverly Hills- Post Office DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$2,062,500

$1,580,000

$4,090,000

$3,225,000

56.4%

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

$909

$786

$1,096

$761

-16.3%

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

12

10

6

14

16.7%

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

10

12

11

11

10.0%

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

110

129

127

123

11.8%

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

81

46

80

142

75.3%

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

9.2

12.9

21.2

8.8

-4.2%

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

9.1%

9.3%

8.7%

8.9%

-1.6%

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

$1,999,000

$2,922,750

$2,705,500

$2,539,154

21.3%

*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 DEC

$2.062

JAN

$3,225,000

FEB MAR

MEDIAN SALES PRICE

APR

$761

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

8.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$3.225 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 : December 2014

telesproperties.com


Beverlywood DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,287,500

$980,500

$1,015,000

$837,625

-34.9%

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

$557

$627

$618

$558

0.2%

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

14

14

12

14

0.0%

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

9

16

19

13

44.4%

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

45

61

58

44

-2.2%

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

46

39

46

35

-23.9%

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

3.2

4.4

4.8

3.1

-2.2%

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

20.0%

26.2%

32.8%

29.5%

47.7%

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

$866,000

$960,521

$856,375

$971,702

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 $1.287

DEC JAN

$837,625

FEB MAR

MEDIAN SALES PRICE

APR

$558

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$837 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 : December 2014

telesproperties.com


Brentwood DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$2,402,778

$2,730,000

$3,151,500

$2,099,855

-12.6%

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

$889

$924

$979

$876

-1.5%

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

24

28

18

28

16.7%

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

15

21

20

15

0.0%

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

78

113

112

84

7.7%

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

56

59

58

68

21.4%

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

3.2

4

6.2

3

-7.7%

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

19.2%

18.6%

17.9%

17.9%

-7.1%

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

$2,317,000

$2,597,225

$2,438,117

$2,725,971

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 DEC

$2.402

JAN

$2,099,855

FEB MAR

MEDIAN SALES PRICE

APR

$876

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$2.099 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 : December 2014

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,429,000

$1,765,000

$2,022,500

$1,675,000

17.2%

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

$572

$735

$739

$672

17.5%

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

8

11

2

9

12.5%

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

3

5

7

8

166.7%

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

13

22

24

20

53.8%

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

41

43

26

42

2.4%

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

1.6

2

12

2.2

36.8%

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

23.1%

22.7%

29.2%

40.0%

73.3%

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

$1,391,000

$1,622,583

$1,656,667

$1,617,915

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 DEC

$1.429

JAN

$1,675,000

FEB MAR

MEDIAN SALES PRICE

APR

$672

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.675 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 : December 2014

telesproperties.com


Culver City DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$900,000

$830,000

$813,000

$877,000

-2.6%

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

$538

$545

$583

$577

7.2%

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

15

13

20

18

20.0%

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

7

10

17

12

71.4%

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

35

42

44

43

22.9%

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

42

19

41

24

-42.9%

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

2.3

3.2

2.2

2.4

2.4%

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

20.0%

23.8%

38.6%

27.9%

39.5%

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

$779,000

$840,633

$836,667

$823,908

5.5%

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

current market snapshot DEC

$900

JAN

$877,000

FEB MAR

MEDIAN SALES PRICE

APR

$577

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$877 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 : December 2014

telesproperties.com


Hancock Park - Wilshire DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,150,000

$1,400,000

$1,330,000

$1,317,500

14.6%

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

$504

$650

$562

$667

32.3%

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

25

22

13

24

-4.0%

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

18

22

19

20

11.1%

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

86

105

106

92

7.0%

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

40

53

59

60

50.0%

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

3.4

4.8

8.2

3.8

11.4%

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

20.9%

21.0%

17.9%

21.7%

3.9%

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

$1,146,000

$1,359,417

$1,302,500

$1,339,919

14.5%

*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 DEC

$1.150

JAN

$1,317,500

FEB MAR

MEDIAN SALES PRICE

APR

$667

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.317 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 : December 2014

telesproperties.com


Hollywood DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$489,500

$1,007,614

$662,500

$700,000

43.0%

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

$570

$572

$542

$464

-18.6%

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

4

10

4

9

125.0%

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

1

7

8

8

700.0%

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

10

22

27

40

300.0%

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

22

46

23

60

172.7%

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

2.5

2.2

6.8

4.4

77.8%

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

10.0%

31.8%

29.6%

20.0%

100.0%

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

$674,000

$740,500

$804,000

$908,551

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 DEC

$489

JAN

$700,000

FEB MAR

MEDIAN SALES PRICE

APR

$464

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


Hollywood Hills East DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,381,000

$1,101,650

$1,166,000

$1,437,500

4.1%

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

$572

$563

$496

$689

20.5%

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

5

13

11

10

100.0%

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

11

16

13

7

-36.4%

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

46

66

67

61

32.6%

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

59

50

68

64

8.5%

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

4.2

4.1

5.2

6.1

45.9%

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

23.9%

24.2%

19.4%

11.5%

-52.0%

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

$1,043,000

$1,187,450

$1,208,250

$1,214,065

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 DEC

$1.381

JAN

$1,437,500

FEB MAR

MEDIAN SALES PRICE

APR

$689

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

6.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.437 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 : December 2014

telesproperties.com


Laurel Canyon DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,400,000

$1,150,000

$1,400,000

$1,205,000

-13.9%

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

$835

$649

$727

$808

-3.2%

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

19

31

23

23

21.1%

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

116

30

21

27

-76.7%

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

118

140

135

127

7.6%

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

43

41

79

60

39.5%

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

1

4.7

6.4

5.5

442.8%

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

98.3%

21.4%

15.6%

21.3%

-78.4%

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

$1,216,000

$1,417,167

$1,408,333

$1,374,572

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 DEC

$1.400

JAN

$1,205,000

FEB MAR

MEDIAN SALES PRICE

APR

$808

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

5.5 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.205 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 : December 2014

telesproperties.com


Los Feliz DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,685,000

$1,312,500

$1,063,500

$1,417,900

-15.9%

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

$575

$627

$626

$724

25.9%

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

17

22

19

22

29.4%

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

14

26

16

15

7.1%

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

71

99

72

69

-2.8%

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

31

47

54

59

90.3%

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

5.1

3.8

4.5

3.1

-38.2%

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

19.7%

26.3%

22.2%

21.7%

10.2%

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

$1,177,000

$1,331,117

$1,410,733

$1,302,208

9.6%

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

current market snapshot DEC

$1.685

JAN

$1,417,900

FEB MAR

MEDIAN SALES PRICE

APR

$724

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.417 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 : December 2014

telesproperties.com


Malibu DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$3,370,000

$2,200,000

$3,250,000

$2,520,000

-25.2%

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

$625

$977

$1,317

$800

28.0%

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

13

11

15

17

30.8%

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

9

14

16

18

100.0%

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

175

209

211

188

7.4%

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

170

87

127

145

-14.7%

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

13.5

19

14.1

11.1

-17.8%

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

5.1%

6.7%

7.6%

9.6%

86.2%

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

$2,001,000

$2,547,917

$2,499,167

$2,463,035

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 $3.370

DEC JAN

$2,520,000

FEB MAR

MEDIAN SALES PRICE

APR

$800

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

11.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$2.520 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


Malibu Beach DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$4,300,000

$5,600,000

$7,950,000

$4,700,000

9.3%

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

$2,042

$1,617

$2,488

$2,000

-2.1%

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

9

5

3

3

-66.7%

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

2

6

4

4

100.0%

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

60

82

72

67

11.7%

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

142

206

192

204

43.7%

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

6.7

16.4

24

22.3

235.0%

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

3.3%

7.3%

5.6%

6.0%

79.1%

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

$6,553,000

$7,488,750

$8,741,667

$6,620,683

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 DEC

$4.300

JAN

$4,700,000

FEB MAR

MEDIAN SALES PRICE

APR

$2,000

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

22.3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$4.700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


Marina Del Rey DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,695,000

$3,081,000

$1,557,500

$1,602,500

-5.5%

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

$640

$588

$602

$663

3.6%

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

3

3

6

2

-33.3%

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

2

1

4

4

100.0%

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

20

20

24

24

20.0%

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

118

24

45

65

-44.9%

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

6.7

6.7

4

12

80.0%

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

10.0%

5.0%

16.7%

16.7%

66.7%

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

$1,564,000

$1,346,000

$1,194,167

$1,626,333

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 DEC

$1.695

JAN

$1,602,500

FEB MAR

MEDIAN SALES PRICE

APR

$663

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

12 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.602 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 : December 2014

telesproperties.com


Mid Los Angeles DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$500,000

$585,000

$580,000

$450,000

-10.0%

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

$343

$318

$387

$311

-9.3%

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

19

19

12

37

94.7%

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

14

17

20

30

114.3%

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

57

66

84

135

136.8%

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

91

33

32

75

-17.6%

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

3

3.5

7

3.6

21.6%

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

24.6%

25.8%

23.8%

22.2%

-9.5%

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

$440,000

$518,767

$471,200

$517,820

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 DEC

$500

JAN

$450,000

FEB MAR

MEDIAN SALES PRICE

APR

$311

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Mid Wilshire DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$647,500

$695,000

$739,500

$572,500

-11.6%

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

$273

$278

$292

$322

17.9%

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

1

1

4

6

500.0%

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

0

11

3

6

0%

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

10

24

11

30

200.0%

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

0

41

84

40

0%

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

10

24

2.8

5

-50.0%

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

0.0%

45.8%

27.3%

20.0%

0%

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

$514,000

$599,000

$527,500

$620,318

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 DEC

$647

JAN

$572,500

FEB MAR

MEDIAN SALES PRICE

APR

$322

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

5 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$572 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 : December 2014

telesproperties.com


Pacific Palisades DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$2,805,000

$2,550,000

$2,410,000

$1,990,000

-29.1%

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

$876

$873

$1,025

$870

-0.7%

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

22

33

24

15

-31.8%

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

9

36

28

11

22.2%

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

89

119

120

96

7.9%

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

68

46

68

86

26.5%

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

4

3.6

5

6.4

58.2%

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

10.1%

30.3%

23.3%

11.5%

13.3%

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

$2,251,000

$2,371,145

$2,243,133

$2,564,721

12.2%

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

current market snapshot $2.805

DEC JAN

$1,990,000

FEB MAR

MEDIAN SALES PRICE

APR

$870

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

6.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.990 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 : December 2014

telesproperties.com


Palms - Mar Vista DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,050,000

$1,066,000

$945,000

$1,175,000

11.9%

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

$606

$685

$621

$629

3.8%

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

27

26

17

31

14.8%

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

13

39

28

29

123.1%

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

49

91

85

67

36.7%

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

37

27

42

42

13.5%

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

1.8

3.5

5

2.2

19.1%

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

26.5%

42.9%

32.9%

43.3%

63.1%

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

$910,000

$1,067,358

$1,168,382

$1,063,588

14.4%

*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 DEC

$1.050

JAN

$1,175,000

FEB MAR

MEDIAN SALES PRICE

APR

$629

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.175 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 : December 2014

telesproperties.com


Playa Del Rey DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,015,000

$922,500

$1,299,000

$1,108,000

9.2%

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

$578

$649

$583

$540

-6.6%

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

1

4

5

4

300.0%

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

2

3

3

5

150.0%

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

14

18

17

22

57.1%

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

35

14

50

59

68.6%

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

14

4.5

3.4

5.5

-60.7%

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

14.3%

16.7%

17.6%

22.7%

59.1%

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

$1,154,000

$1,193,500

$1,105,000

$1,204,866

4.2%

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

current market snapshot DEC

$1.015

JAN

$1,108,000

FEB MAR

MEDIAN SALES PRICE

APR

$540

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

5.5 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.108 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 : December 2014

telesproperties.com


Playa Vista DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,460,000

$1,242,000

$1,555,000

$2,128,050

45.8%

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

$388

$473

$450

$544

40.2%

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

1

5

1

2

100.0%

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

2

4

5

0

-100.0%

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

5

9

8

4

-20.0%

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

67

26

35

0

-100.0%

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

5

1.8

8

2

-60.0%

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

40.0%

44.4%

62.5%

0.0%

-100.0%

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

$1,354,000

$1,350,467

$1,510,433

$1,293,980

-4.6%

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

current market snapshot DEC

$1.460

JAN

$2,128,050

FEB MAR

MEDIAN SALES PRICE

APR

$544

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Santa Monica DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,510,000

$2,160,000

$1,929,500

$2,510,000

66.2%

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

$923

$971

$1,013

$1,119

21.2%

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

21

23

24

22

4.8%

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

11

30

24

16

45.5%

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

63

99

82

66

4.8%

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

58

46

45

41

-29.3%

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

3

4.3

3.4

3

0.0%

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

17.5%

30.3%

29.3%

24.2%

38.8%

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

$2,013,000

$2,095,725

$2,306,367

$1,980,065

-1.7%

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

current market snapshot DEC

$1.510

JAN

$2,510,000

FEB MAR

MEDIAN SALES PRICE

APR

$1,119

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$2.510 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 : December 2014

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,656,500

$1,660,000

$1,930,000

$1,600,000

-3.4%

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

$874

$631

$963

$1,014

16.0%

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

28

33

29

37

32.1%

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

21

39

29

37

76.2%

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

224

264

266

251

12.1%

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

60

49

69

76

26.7%

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

8

8

9.2

6.8

-15.2%

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

9.4%

14.8%

10.9%

14.7%

57.2%

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

$1,479,000

$1,867,588

$1,833,508

$1,746,443

15.3%

*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 DEC

$1.656

JAN

$1,600,000

FEB MAR

MEDIAN SALES PRICE

APR

$1,014

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

6.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


Venice DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,175,000

$1,725,000

$1,400,000

$1,653,500

40.7%

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

$878

$948

$887

$901

2.6%

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

17

24

7

20

17.6%

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

12

16

16

8

-33.3%

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

53

62

59

54

1.9%

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

75

23

89

50

-33.3%

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

3.1

2.6

8.4

2.7

-13.4%

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

22.6%

25.8%

27.1%

14.8%

-34.6%

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

$1,359,000

$1,632,479

$1,614,958

$1,555,590

14.5%

*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 DEC

$1.175

JAN

$1,653,500

FEB MAR

MEDIAN SALES PRICE

APR

$901

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.653 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 : December 2014

telesproperties.com


West Hollywood DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,261,250

$1,125,000

$1,280,000

$949,000

-24.8%

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

$680

$679

$799

$795

16.9%

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

8

13

10

11

37.5%

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

14

12

7

10

-28.6%

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

46

45

46

50

8.7%

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

51

34

94

54

5.9%

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

5.8

3.5

4.6

4.5

-20.9%

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

30.4%

26.7%

15.2%

20.0%

-34.3%

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

$1,095,000

$1,125,688

$996,000

$1,156,371

5.3%

*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 $1.261

DEC JAN

$949,000

FEB MAR

MEDIAN SALES PRICE

APR

$795

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.5 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


West Los Angeles DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$835,500

$875,000

$890,000

$845,000

1.1%

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

$477

$608

$627

$650

36.3%

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

8

9

11

9

12.5%

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

1

8

11

10

900.0%

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

15

33

40

35

133.3%

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

99

18

27

50

-49.5%

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

1.9

3.7

3.6

3.9

107.4%

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

6.7%

24.2%

27.5%

28.6%

328.6%

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

$754,000

$881,917

$903,000

$867,058

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 DEC

$835

JAN

$845,000

FEB MAR

MEDIAN SALES PRICE

APR

$650

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.9 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Westchester DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$775,000

$752,000

$897,500

$827,000

6.7%

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

$465

$539

$530

$524

12.7%

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

19

22

24

27

42.1%

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

11

37

16

13

18.2%

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

21

84

59

53

152.4%

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

34

37

38

47

38.2%

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

1.1

3.8

2.5

2

77.6%

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

52.4%

44.0%

27.1%

24.5%

-53.2%

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

$745,000

$848,046

$855,592

$846,637

13.6%

*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 DEC

$775

JAN

$827,000

FEB MAR

MEDIAN SALES PRICE

APR

$524

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Westwood - Century City DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,543,000

$1,505,000

$1,905,000

$1,530,000

-0.8%

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

$687

$769

$752

$741

7.9%

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

22

15

18

11

-50.0%

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

7

19

16

5

-28.6%

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

36

68

65

47

30.6%

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

31

39

42

96

209.7%

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

1.6

4.5

3.6

4.3

161.1%

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

19.4%

27.9%

24.6%

10.6%

-45.3%

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

$1,438,000

$1,784,917

$1,579,000

$1,743,654

21.3%

*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 DEC

$1.543

JAN

$1,530,000

FEB MAR

MEDIAN SALES PRICE

APR

$741

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.530 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 : December 2014

telesproperties.com


South Bay Macro Market DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,194,472

$1,673,611

$1,502,639

$1,316,512

10.2%

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

$545

$570

$624

$575

5.4%

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

174

184

180

177

1.7%

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

115

226

204

133

15.7%

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

485

774

759

547

12.8%

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

59

32

65

75

27.4%

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

2.8

4.2

4.2

3.1

10.9%

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

23.7%

29.2%

26.9%

24.3%

2.5%

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

$1,248,111

$1,336,856

$1,297,220

$1,376,562

10.3%

*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 DEC

$1.194

JAN

$1,316,512

FEB MAR

MEDIAN SALES PRICE

APR

$575

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.316 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 : December 2014

telesproperties.com


El Segundo DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$818,250

$820,000

$777,500

$949,000

16.0%

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

$478

$518

$800

$502

5.0%

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

6

6

2

7

16.7%

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

3

4

1

4

33.3%

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

15

17

9

8

-46.7%

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

16

19

127

32

100.0%

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

2.5

2.8

4.5

1.1

-54.3%

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

20.0%

23.5%

11.1%

50.0%

150.0%

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

$857,000

$1,036,083

$1,176,333

$940,212

9.7%

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

current market snapshot DEC

$818

JAN

$949,000

FEB MAR

MEDIAN SALES PRICE

APR

$502

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Manhattan Beach DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,552,000

$1,915,000

$1,780,000

$1,825,000

17.6%

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

$801

$818

$928

$884

10.4%

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

21

36

22

26

23.8%

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

6

33

32

10

66.7%

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

36

89

82

41

13.9%

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

39

36

45

72

84.6%

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

1.7

2.5

3.7

1.6

-8.0%

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

16.7%

37.1%

39.0%

24.4%

46.3%

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

$1,699,000

$1,945,458

$1,996,667

$1,909,750

12.4%

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

current market snapshot DEC

$1.552

JAN

$1,825,000

FEB MAR

MEDIAN SALES PRICE

APR

$884

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Palos Verdes Estates DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,597,500

$1,500,000

$3,000,000

$1,349,500

-15.5%

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

$610

$610

$827

$597

-2.1%

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

16

13

13

8

-50.0%

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

11

27

17

9

-18.2%

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

46

94

86

68

47.8%

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

62

38

61

91

46.8%

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

2.9

7.2

6.6

8.5

195.7%

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

23.9%

28.7%

19.8%

13.2%

-44.7%

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

$1,572,000

$1,790,896

$1,456,792

$1,670,260

6.3%

*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 DEC

$1.597

JAN

$1,349,500

FEB MAR

MEDIAN SALES PRICE

APR

$597

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

8.5 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.349 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 : December 2014

telesproperties.com


Rancho Palos Verdes DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,200,000

$1,260,000

$1,195,999

$1,235,000

2.9%

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

$487

$481

$533

$517

6.2%

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

23

32

35

25

8.7%

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

20

45

41

22

10.0%

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

85

160

156

108

27.1%

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

67

44

55

55

-17.9%

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

3.7

5

4.5

4.3

16.9%

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

23.5%

28.1%

26.3%

20.4%

-13.4%

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

$1,095,000

$1,133,400

$1,130,833

$1,164,492

6.3%

*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 DEC

$1.200

JAN

$1,235,000

FEB MAR

MEDIAN SALES PRICE

APR

$517

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.235 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 : December 2014

telesproperties.com


Redondo Beach DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$873,000

$920,000

$999,000

$877,500

0.5%

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

$523

$530

$499

$551

5.4%

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

29

31

31

30

3.4%

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

18

35

29

25

38.9%

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

74

100

90

61

-17.6%

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

51

16

26

48

-5.9%

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

2.6

3.2

2.9

2

-20.3%

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

24.3%

35.0%

32.2%

41.0%

68.5%

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

$846,000

$948,375

$907,500

$899,334

6.3%

*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 DEC

$873

JAN

$877,500

FEB MAR

MEDIAN SALES PRICE

APR

$551

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$877 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 : December 2014

telesproperties.com


Rolling Hills DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$2,175,000

$5,725,000

$3,300,000

$2,844,575

30.8%

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

$650

$840

$649

$843

29.7%

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

2

2

1

2

0.0%

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

1

2

3

1

0.0%

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

14

25

24

14

0.0%

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

78

36

118

174

123.1%

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

7

12.5

24

7

0.0%

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

7.1%

8.0%

12.5%

7.1%

0.0%

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

$2,720,000

$2,951,595

$2,996,038

$3,302,148

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 DEC

$2.175

JAN

$2,844,575

FEB MAR

MEDIAN SALES PRICE

APR

$843

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$2.844 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 : December 2014

telesproperties.com


Rolling Hills Estates DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,387,500

$1,725,000

$1,221,250

$1,619,282

16.7%

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

$643

$570

$628

$548

-14.8%

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

2

4

6

10

400.0%

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

1

12

5

3

200.0%

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

8

30

29

19

137.5%

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

87

23

50

61

-29.9%

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

4

7.5

4.8

1.9

-52.5%

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

12.5%

40.0%

17.2%

15.8%

26.3%

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

$1,343,000

$1,339,672

$1,485,594

$1,329,810

-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 DEC

$1.387

JAN

$1,619,282

FEB MAR

MEDIAN SALES PRICE

APR

$548

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.9 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.619 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 : December 2014

telesproperties.com


San Pedro DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$532,000

$520,000

$520,000

$548,750

3.1%

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

$326

$338

$341

$337

3.4%

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

26

24

31

28

7.7%

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

23

18

28

27

17.4%

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

109

99

130

123

12.8%

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

78

44

44

81

3.8%

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

4.2

4.1

4.2

4.4

4.8%

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

21.1%

18.2%

21.5%

22.0%

4.0%

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

$485,000

$545,958

$528,083

$531,365

9.6%

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

current market snapshot DEC

$532

JAN

$548,750

FEB MAR

MEDIAN SALES PRICE

APR

$337

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$548 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 : December 2014

telesproperties.com


Torrance DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$615,000

$677,500

$730,000

$600,000

-2.4%

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

$387

$421

$407

$393

1.6%

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

49

36

39

41

-16.3%

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

32

50

48

32

0.0%

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

98

160

153

105

7.1%

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

54

32

61

64

18.5%

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

2

4.4

3.9

2.6

28.0%

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

32.7%

31.2%

31.4%

30.5%

-6.7%

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

$616,000

$643,408

$618,233

$641,688

4.2%

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

current market snapshot DEC

$615

JAN

$600,000

FEB MAR

MEDIAN SALES PRICE

APR

$393

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


San Fernando Valley Macro Market DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$715,929

$838,214

$731,429

$781,786

9.2%

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

$363

$392

$403

$388

7.0%

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

426

502

420

491

15.3%

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

360

508

465

456

26.7%

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

745

1,147

1,167

1,004

34.8%

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

64

63

62

64

-0.1%

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

1.7

2.3

2.8

2

16.9%

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

48.3%

44.3%

39.8%

45.4%

-6.0%

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

$680,841

$763,262

$755,738

$762,456

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 DEC

$715

JAN

$781,786

FEB MAR

MEDIAN SALES PRICE

APR

$388

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$781 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 : December 2014

telesproperties.com


Burbank DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$580,000

$654,000

$669,000

$640,000

10.3%

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

$372

$412

$408

$424

14.0%

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

48

44

49

56

16.7%

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

45

60

41

47

4.4%

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

58

91

84

75

29.3%

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

44

43

49

44

0.0%

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

1.2

2.1

1.7

1.3

10.8%

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

77.6%

65.9%

48.8%

62.7%

-19.2%

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

$581,000

$655,333

$648,333

$642,000

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 DEC

$580

JAN

$640,000

FEB MAR

MEDIAN SALES PRICE

APR

$424

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$640 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 : December 2014

telesproperties.com


Encino DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$785,000

$995,000

$1,083,000

$1,200,000

52.9%

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

$406

$424

$420

$423

4.2%

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

36

47

29

53

47.2%

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

23

36

47

40

73.9%

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

78

121

120

110

41.0%

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

65

59

71

64

-1.5%

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

2.2

2.6

4.1

2.1

-4.2%

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

29.5%

29.8%

39.2%

36.4%

23.3%

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

$893,154

$1,093,167

$1,088,000

$1,050,231

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 DEC

$785

JAN

$1,200,000

FEB MAR

MEDIAN SALES PRICE

APR

$423

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Glendale DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$725,000

$751,000

$715,000

$715,000

-1.4%

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

$399

$411

$417

$392

-1.8%

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

57

72

49

69

21.1%

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

49

70

50

71

44.9%

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

76

136

121

98

28.9%

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

53

47

60

46

-13.2%

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

1.3

1.9

2.5

1.4

6.5%

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

64.5%

51.5%

41.3%

72.4%

12.4%

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

$664,615

$743,833

$739,000

$734,154

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 DEC

$725

JAN

$715,000

FEB MAR

MEDIAN SALES PRICE

APR

$392

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$715 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 : December 2014

telesproperties.com


La Crescenta DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$714,000

$732,000

$760,000

$740,000

3.6%

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

$390

$412

$410

$410

5.1%

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

23

19

26

19

-17.4%

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

19

31

20

15

-21.1%

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

17

44

29

20

17.6%

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

50

58

45

80

60.0%

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

0.7

2.3

1.1

1.1

42.4%

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

111.8%

70.5%

69.0%

75.0%

-32.9%

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

$628,385

$731,167

$720,000

$716,154

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 DEC

$714

JAN

$740,000

FEB MAR

MEDIAN SALES PRICE

APR

$410

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$740 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


North Hollywood DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$403,000

$439,000

$485,000

$486,000

20.6%

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

$289

$322

$350

$347

20.1%

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

39

56

45

52

33.3%

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

30

40

45

45

50.0%

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

68

66

84

90

32.4%

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

33

53

46

62

87.9%

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

1.7

1.2

1.9

1.7

-0.7%

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

44.1%

60.6%

53.6%

50.0%

13.3%

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

$381,538

$457,000

$451,667

$440,462

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 DEC

$403

JAN

$486,000

FEB MAR

MEDIAN SALES PRICE

APR

$347

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$486 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 : December 2014

telesproperties.com


Shadow Hills DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$628,000

$600,000

$755,000

$1,219,000

94.1%

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

$297

$259

$256

$295

-0.7%

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

3

3

2

1

-66.7%

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

5

3

1

1

-80.0%

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

7

14

18

15

114.3%

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

141

78

114

82

-41.8%

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

2.3

4.7

9

15

542.9%

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

71.4%

21.4%

5.6%

6.7%

-90.7%

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

$641,923

$820,333

$871,333

$789,462

23.0%

*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 DEC

$628

JAN

$1,219,000

FEB MAR

MEDIAN SALES PRICE

APR

$295

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

15 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.219 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 : December 2014

telesproperties.com


Sherman Oaks DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$840,000

$900,000

$860,000

$925,000

10.1%

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

$423

$437

$482

$460

8.7%

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

45

49

63

77

71.1%

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

40

64

62

46

15.0%

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

93

154

168

119

28.0%

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

62

58

64

58

-6.5%

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

2.1

3.1

2.7

1.5

-25.2%

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

43.0%

41.6%

36.9%

38.7%

-10.1%

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

$784,769

$882,500

$861,000

$901,615

14.9%

*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 DEC

$840

JAN

$925,000

FEB MAR

MEDIAN SALES PRICE

APR

$460

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.5 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$925 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 : December 2014

telesproperties.com


Studio City DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,024,000

$1,195,000

$960,000

$975,000

-4.8%

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

$450

$552

$610

$477

6.0%

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

28

41

25

25

-10.7%

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

23

32

29

19

-17.4%

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

67

81

80

80

19.4%

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

60

47

69

63

5.0%

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

2.4

2

3.2

3.2

33.7%

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

34.3%

39.5%

36.2%

23.8%

-30.8%

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

$964,231

$1,121,333

$1,086,000

$1,135,692

17.8%

*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 DEC

$1.024

JAN

$975,000

FEB MAR

MEDIAN SALES PRICE

APR

$477

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$975 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 : December 2014

telesproperties.com


Sun Valley DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$370,000

$385,000

$395,000

$403,000

8.9%

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

$289

$300

$309

$302

4.5%

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

19

23

13

14

-26.3%

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

14

27

28

27

92.9%

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

29

40

41

42

44.8%

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

44

52

56

66

50.0%

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

1.5

1.7

3.2

3

96.6%

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

48.3%

67.5%

68.3%

64.3%

33.2%

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

$383,308

$406,000

$411,000

$393,000

2.5%

*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 DEC

$370

JAN

$403,000

FEB MAR

MEDIAN SALES PRICE

APR

$302

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$403 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 : December 2014

telesproperties.com


Sunland/Tujunga DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$410,000

$450,000

$495,000

$458,000

11.7%

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

$273

$284

$302

$308

12.8%

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

39

38

37

26

-33.3%

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

35

46

34

34

-2.9%

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

51

78

79

55

7.8%

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

57

71

47

54

-5.3%

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

1.3

2.1

2.1

2.1

61.8%

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

68.6%

59.0%

43.0%

61.8%

-9.9%

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

$390,462

$481,167

$482,333

$455,231

16.6%

*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 DEC

$410

JAN

$458,000

FEB MAR

MEDIAN SALES PRICE

APR

$308

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$458 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 : December 2014

telesproperties.com


Tarzana DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$783,000

$790,000

$634,000

$895,000

14.3%

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

$323

$371

$382

$383

18.6%

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

16

27

18

14

-12.5%

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

19

28

22

30

57.9%

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

54

94

106

90

66.7%

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

85

63

67

87

2.4%

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

3.4

3.5

5.9

6.4

90.5%

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

35.2%

29.8%

20.8%

33.3%

-5.3%

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

$790,000

$872,333

$853,333

$859,154

8.8%

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

current market snapshot DEC

$783

JAN

$895,000

FEB MAR

MEDIAN SALES PRICE

APR

$383

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

6.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Toluca Lake DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,400,000

$2,415,000

$862,000

$849,000

-39.4%

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

$441

$540

$476

$470

6.6%

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

7

5

6

8

14.3%

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

4

4

8

4

0.0%

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

12

27

20

16

33.3%

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

73

129

61

66

-9.6%

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

1.7

5.4

3.3

2

16.7%

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

33.3%

14.8%

40.0%

25.0%

-25.0%

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

$1,090,923

$916,500

$876,333

$1,110,077

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 $1.400

DEC JAN

$849,000

FEB MAR

MEDIAN SALES PRICE

APR

$470

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$849 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 : December 2014

telesproperties.com


Valley Village DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$725,000

$759,000

$822,000

$725,000

0.0%

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

$422

$454

$464

$419

-0.7%

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

9

12

9

16

77.8%

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

12

11

9

11

-8.3%

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

20

27

26

17

-15.0%

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

55

52

55

45

-18.2%

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

2.2

2.2

2.9

1.1

-52.2%

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

60.0%

40.7%

34.6%

64.7%

7.8%

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

$713,462

$800,833

$793,333

$763,231

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 DEC

$725

JAN

$725,000

FEB MAR

MEDIAN SALES PRICE

APR

$419

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Woodland Hills DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$636,000

$670,000

$745,000

$715,000

12.4%

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

$308

$309

$352

$327

6.2%

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

57

66

49

61

7.0%

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

42

56

69

66

57.1%

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

115

174

191

177

53.9%

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

69

65

69

73

5.8%

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

2

2.6

3.9

2.9

43.8%

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

36.5%

32.2%

36.1%

37.3%

2.1%

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

$624,000

$704,167

$698,667

$683,923

9.6%

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

current market snapshot DEC

$636

JAN

$715,000

FEB MAR

MEDIAN SALES PRICE

APR

$327

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.9 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$715 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 : December 2014

telesproperties.com


San Gabriel Valley Macro Market DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$881,000

$965,273

$967,909

$1,011,700

14.8%

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

$480

$504

$521

$494

3.0%

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

263

279

264

267

1.5%

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

235

293

305

249

6.0%

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

421

674

722

575

36.6%

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

51

39

51

61

19.2%

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

1.6

2.4

2.7

2.2

34.5%

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

55.8%

43.5%

42.2%

43.3%

-22.4%

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

$835,615

$983,177

$1,012,021

$960,697

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 DEC

$881

JAN

$1,011,700

FEB MAR

MEDIAN SALES PRICE

APR

$494

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.011 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 : December 2014

telesproperties.com


Altadena DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$588,000

$615,000

$605,000

$578,000

-1.7%

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

$385

$408

$409

$392

1.8%

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

37

29

36

32

-13.5%

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

30

31

38

41

36.7%

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

43

64

82

60

39.5%

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

52

30

55

64

23.1%

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

1.2

2.2

2.3

1.9

61.3%

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

69.8%

48.4%

46.3%

68.3%

-2.1%

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

$565,462

$609,667

$619,333

$591,000

4.5%

*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 DEC

$588

JAN

$578,000

FEB MAR

MEDIAN SALES PRICE

APR

$392

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.9 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$578 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 : December 2014

telesproperties.com


Arcadia DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,350,000

$1,312,000

$1,310,000

$1,255,000

-7.0%

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

$572

$615

$544

$577

0.9%

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

36

54

31

48

33.3%

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

34

37

49

35

2.9%

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

70

142

172

147

110.0%

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

46

41

59

63

37.0%

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

1.9

2.6

5.5

3.1

57.5%

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

48.6%

26.1%

28.5%

23.8%

-51.0%

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

$1,180,615

$1,369,167

$1,426,667

$1,414,846

19.8%

*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 DEC

$1.350

JAN

$1,255,000

FEB MAR

MEDIAN SALES PRICE

APR

$577

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.255 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 : December 2014

telesproperties.com


Duarte DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$360,000

$423,000

$423,000

$475,000

31.9%

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

$344

$324

$304

$302

-12.2%

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

9

10

11

12

33.3%

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

12

12

15

17

41.7%

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

21

26

34

21

0.0%

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

75

49

56

82

9.3%

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

2.3

2.6

3.1

1.8

-25.0%

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

57.1%

46.2%

44.1%

81.0%

41.7%

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

$369,846

$440,833

$457,333

$422,308

14.2%

*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 DEC

$360

JAN

$475,000

FEB MAR

MEDIAN SALES PRICE

APR

$302

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


Eagle Rock DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$579,000

$530,000

$569,000

$0

-100.0%

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

$452

$418

$521

$0

-100.0%

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

8

3

3

0

-100.0%

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

3

4

7

3

0.0%

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

10

10

12

9

-10.0%

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

52

37

68

0

-100.0%

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

1.2

3.3

4

0

0%

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

30.0%

40.0%

58.3%

33.3%

11.1%

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

$539,692

$624,600

$617,500

$625,583

15.9%

*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 DEC

$579

JAN

No sales

FEB MAR

MEDIAN SALES PRICE

APR

No sales

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

No sales MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC 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 : December 2014

telesproperties.com


La Canada Flintridge DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,255,000

$1,381,000

$1,290,000

$1,439,000

14.7%

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

$497

$553

$571

$580

16.7%

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

18

20

13

23

27.8%

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

21

23

13

16

-23.8%

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

31

57

49

27

-12.9%

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

57

37

57

70

22.8%

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

1.7

2.8

3.8

1.2

-31.8%

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

67.7%

40.4%

26.5%

59.3%

-12.5%

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

$1,262,923

$1,373,833

$1,469,333

$1,357,692

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 DEC

$1.255

JAN

$1,439,000

FEB MAR

MEDIAN SALES PRICE

APR

$580

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.439 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 : December 2014

telesproperties.com


Monrovia DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$558,000

$653,000

$637,000

$635,000

13.8%

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

$389

$414

$395

$401

3.1%

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

21

26

28

23

9.5%

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

18

31

31

22

22.2%

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

42

60

58

50

19.0%

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

62

44

53

54

-12.9%

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

2

2.3

2.1

2.2

8.7%

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

42.9%

51.7%

53.4%

44.0%

2.7%

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

$532,385

$614,833

$594,000

$588,077

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 DEC

$558

JAN

$635,000

FEB MAR

MEDIAN SALES PRICE

APR

$401

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Pasadena DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$745,000

$795,000

$795,000

$770,000

3.4%

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

$476

$515

$524

$474

-0.4%

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

77

70

71

76

-1.3%

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

73

92

83

76

4.1%

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

123

185

191

157

27.6%

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

45

40

48

53

17.8%

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

1.6

2.6

2.7

2.1

29.3%

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

59.3%

49.7%

43.5%

48.4%

-18.4%

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

$667,692

$756,167

$743,333

$740,846

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 DEC

$745

JAN

$770,000

FEB MAR

MEDIAN SALES PRICE

APR

$474

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


San Gabriel DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$637,000

$635,000

$710,000

$745,000

17.0%

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

$388

$403

$414

$418

7.7%

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

28

34

35

26

-7.1%

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

19

22

31

20

5.3%

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

44

56

59

48

9.1%

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

51

41

39

54

5.9%

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

1.6

1.6

1.7

1.8

17.5%

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

43.2%

39.3%

52.5%

41.7%

-3.5%

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

$589,923

$696,500

$689,000

$677,000

14.8%

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

current market snapshot DEC

$637

JAN

$745,000

FEB MAR

MEDIAN SALES PRICE

APR

$418

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$745 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 : December 2014

telesproperties.com


San Marino DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$2,070,000

$2,186,000

$2,397,000

$2,035,000

-1.7%

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

$751

$862

$1,037

$831

10.7%

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

14

11

11

8

-42.9%

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

11

12

11

5

-54.5%

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

9

24

24

26

188.9%

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

38

26

40

38

0.0%

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

0.6

2.2

2.2

3.2

405.6%

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

122.2%

50.0%

45.8%

19.2%

-84.3%

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

$1,774,846

$2,210,500

$2,226,333

$2,190,846

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 DEC

$2.070

JAN

$2,035,000

FEB MAR

MEDIAN SALES PRICE

APR

$831

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$2.035 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 : December 2014

telesproperties.com


Sierra Madre DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$725,000

$788,000

$922,000

$775,000

6.9%

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

$436

$384

$468

$481

10.3%

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

7

11

14

7

0.0%

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

7

14

10

9

28.6%

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

17

23

16

18

5.9%

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

63

65

48

81

28.6%

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

2.4

2.1

1.1

2.6

5.9%

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

41.2%

60.9%

62.5%

50.0%

21.4%

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

$763,769

$869,167

$893,000

$858,692

12.4%

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

current market snapshot DEC

$725

JAN

$775,000

FEB MAR

MEDIAN SALES PRICE

APR

$481

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$775 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 : December 2014

telesproperties.com


South Pasadena DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$824,000

$1,300,000

$989,000

$1,410,000

71.1%

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

$585

$652

$544

$484

-17.3%

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

8

11

11

12

50.0%

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

7

15

17

5

-28.6%

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

11

27

25

12

9.1%

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

24

17

34

53

120.8%

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

1.4

2.5

2.3

1

-27.3%

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

63.6%

55.6%

68.0%

41.7%

-34.5%

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

$933,000

$1,185,167

$1,265,000

$1,071,077

14.8%

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

current market snapshot DEC

$824

JAN

$1,410,000

FEB MAR

MEDIAN SALES PRICE

APR

$484

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.410 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 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 : December 2014

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : December 2014

telesproperties.com


Orange County DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$665,000

$684,950

$680,000

$667,000

0.3%

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

$383

$403

$431

$400

4.4%

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

1446

1686

1473

1417

-2.0%

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

986

1703

1510

1060

7.5%

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

5,694

7,619

7,560

5,458

-4.1%

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

78

55

64

77

-1.3%

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

3.9

4.5

5.1

3.9

-2.2%

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

17.3%

22.4%

20.0%

19.4%

12.2%

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

$620,000

$676,865

$675,397

$670,180

8.1%

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

current market snapshot DEC

$665

JAN

$667,000

FEB MAR

MEDIAN SALES PRICE

APR

$400

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.9 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$667 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 : December 2014

telesproperties.com


Aliso Viejo DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$737,500

$742,000

$697,500

$698,000

-5.4%

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

$324

$344

$362

$363

12.0%

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

18

20

16

18

0.0%

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

13

19

25

6

-53.8%

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

63

86

91

49

-22.2%

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

61

42

60

74

21.3%

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

3.5

4.3

5.7

2.7

-22.2%

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

20.6%

22.1%

27.5%

12.2%

-40.7%

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

$681,000

$726,917

$709,333

$726,115

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 DEC

$737

JAN

$698,000

FEB MAR

MEDIAN SALES PRICE

APR

$363

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$698 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


Balboa Peninsula DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,825,000

$2,625,000

$1,950,000

$2,275,000

24.7%

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

$745

$1,468

$1,303

$838

12.5%

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

3

6

3

7

133.3%

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

5

6

4

6

20.0%

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

40

47

43

35

-12.5%

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

64

74

39

74

15.6%

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

13.3

7.8

14.3

5

-62.5%

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

12.5%

12.8%

9.3%

17.1%

37.1%

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

$2,421,000

$2,671,250

$3,386,667

$2,868,962

18.5%

*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 DEC

$1.825

JAN

$2,275,000

FEB MAR

MEDIAN SALES PRICE

APR

$838

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

5 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$2.275 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 : December 2014

telesproperties.com


Corona del Mar - Spyglass DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$3,659,000

$1,825,000

$1,792,500

$2,450,000

-33.0%

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

$953

$923

$1,028

$1,092

14.6%

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

16

12

16

9

-43.8%

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

6

12

11

9

50.0%

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

50

74

80

64

28.0%

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

178

100

94

85

-52.2%

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

3.1

6.2

5

7.1

127.6%

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

12.0%

16.2%

13.8%

14.1%

17.2%

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

$2,305,000

$2,081,667

$2,229,167

$2,376,096

3.1%

*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 $3.659

DEC JAN

$2,450,000

FEB MAR

MEDIAN SALES PRICE

APR

$1,092

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

7.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Coto de Caza DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,035,000

$1,275,000

$1,105,000

$1,215,000

17.4%

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

$321

$372

$335

$333

3.7%

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

20

13

11

19

-5.0%

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

12

21

25

11

-8.3%

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

101

156

143

92

-8.9%

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

84

92

74

101

20.2%

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

5

12

13

4.8

-4.1%

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

11.9%

13.5%

17.5%

12.0%

0.6%

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

$1,044,000

$1,190,417

$1,264,167

$1,155,385

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 DEC

$1.035

JAN

$1,215,000

FEB MAR

MEDIAN SALES PRICE

APR

$333

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.215 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 : December 2014

telesproperties.com


Crystal Cove DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$3,500,000

$4,850,000

$8,750,000

$4,450,000

27.1%

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

$992

$814

$1,134

$1,172

18.1%

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

1

1

3

4

300.0%

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

2

2

4

0

-100.0%

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

17

24

25

15

-11.8%

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

120

40

124

0

-100.0%

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

17

24

8.3

3.8

-77.9%

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

11.8%

8.3%

16.0%

0.0%

-100.0%

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

$4,803,000

$5,504,083

$5,149,833

$4,940,192

2.9%

*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 DEC

$3.500

JAN

$4,450,000

FEB MAR

MEDIAN SALES PRICE

APR

$1,172

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$4.450 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 : December 2014

telesproperties.com


Dana Point DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$885,000

$802,500

$866,250

$920,938

4.1%

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

$511

$564

$622

$552

8.0%

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

34

30

38

32

-5.9%

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

23

41

33

15

-34.8%

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

153

217

183

130

-15.0%

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

62

82

75

94

51.6%

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

4.5

7.2

4.8

4.1

-9.7%

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

15.0%

18.9%

18.0%

11.5%

-23.2%

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

$879,000

$921,223

$946,229

$894,330

1.7%

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

current market snapshot DEC

$885

JAN

$920,938

FEB MAR

MEDIAN SALES PRICE

APR

$552

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$920 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


East Bluff - Harbor View DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,617,500

$1,612,500

$1,282,000

$1,795,000

11.0%

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

$648

$677

$672

$628

-3.1%

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

14

24

21

21

50.0%

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

9

32

16

12

33.3%

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

56

134

117

80

42.9%

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

80

69

74

97

21.2%

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

4

5.6

5.6

3.8

-4.8%

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

16.1%

23.9%

13.7%

15.0%

-6.7%

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

$1,603,000

$1,717,583

$1,795,833

$1,702,423

6.2%

*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 DEC

$1.617

JAN

$1,795,000

FEB MAR

MEDIAN SALES PRICE

APR

$628

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.795 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 : December 2014

telesproperties.com


East Costa Mesa DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$900,000

$850,000

$765,000

$990,000

10.0%

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

$530

$527

$457

$521

-1.7%

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

12

20

14

14

16.7%

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

12

18

15

4

-66.7%

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

46

76

75

47

2.2%

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

71

38

70

102

43.7%

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

3.8

3.8

5.4

3.4

-12.4%

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

26.1%

23.7%

20.0%

8.5%

-67.4%

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

$834,000

$887,083

$896,667

$873,207

4.7%

*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 DEC

$900

JAN

$990,000

FEB MAR

MEDIAN SALES PRICE

APR

$521

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$990 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 : December 2014

telesproperties.com


Fountain Valley DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$655,000

$653,500

$655,000

$681,000

4.0%

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

$322

$345

$351

$355

10.2%

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

14

19

29

16

14.3%

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

22

34

28

15

-31.8%

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

64

101

72

53

-17.2%

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

49

49

49

36

-26.5%

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

4.6

5.3

2.5

3.3

-27.5%

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

34.4%

33.7%

38.9%

28.3%

-17.7%

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

$628,000

$683,500

$686,167

$672,731

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 DEC

$655

JAN

$681,000

FEB MAR

MEDIAN SALES PRICE

APR

$355

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Huntington Beach DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$750,000

$742,500

$750,000

$810,000

8.0%

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

$426

$427

$450

$455

6.8%

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

100

112

111

81

-19.0%

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

57

97

106

81

42.1%

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

298

448

422

302

1.3%

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

58

52

68

69

19.0%

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

3

4

3.8

3.7

25.1%

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

19.1%

21.7%

25.1%

26.8%

40.2%

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

$699,000

$755,750

$771,500

$746,527

6.8%

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

current market snapshot DEC

$750

JAN

$810,000

FEB MAR

MEDIAN SALES PRICE

APR

$455

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Irvine DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$893,192

$934,000

$959,800

$910,000

1.9%

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

$451

$458

$464

$474

5.1%

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

75

91

81

75

0.0%

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

53

46

79

64

20.8%

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

275

483

445

278

1.1%

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

61

55

66

71

16.4%

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

3.7

5.3

5.5

3.7

1.1%

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

19.3%

9.5%

17.8%

23.0%

19.5%

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

$878,000

$921,746

$931,891

$912,590

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 DEC

$893

JAN

$910,000

FEB MAR

MEDIAN SALES PRICE

APR

$474

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$910 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 : December 2014

telesproperties.com


Ladera Ranch DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$810,000

$885,762

$1,069,000

$720,500

-11.0%

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

$316

$326

$317

$328

3.8%

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

27

44

19

26

-3.7%

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

19

28

20

12

-36.8%

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

89

158

140

93

4.5%

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

45

62

69

86

91.1%

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

3.3

3.6

7.4

3.6

8.5%

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

21.3%

17.7%

14.3%

12.9%

-39.6%

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

$802,000

$853,108

$769,883

$845,005

5.4%

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

current market snapshot DEC

$810

JAN

$720,500

FEB MAR

MEDIAN SALES PRICE

APR

$328

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Laguna Beach DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,470,000

$1,660,000

$2,000,000

$1,875,000

27.6%

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

$759

$1,029

$1,227

$944

24.4%

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

31

34

35

29

-6.5%

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

11

44

33

20

81.8%

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

208

275

268

191

-8.2%

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

102

93

103

79

-22.5%

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

6.7

8.1

7.7

6.6

-1.8%

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

5.3%

16.0%

12.3%

10.5%

98.0%

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

$1,629,000

$1,928,333

$1,765,000

$1,929,577

18.5%

*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 DEC

$1.470

JAN

$1,875,000

FEB MAR

MEDIAN SALES PRICE

APR

$944

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

6.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Laguna Niguel DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$820,000

$784,000

$822,500

$831,500

1.4%

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

$370

$390

$428

$401

8.4%

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

47

59

62

50

6.4%

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

31

56

56

52

67.7%

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

178

348

333

241

35.4%

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

77

53

77

97

26.0%

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

3.8

5.9

5.4

4.8

27.3%

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

17.4%

16.1%

16.8%

21.6%

23.9%

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

$759,000

$815,583

$817,000

$805,727

6.2%

*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 DEC

$820

JAN

$831,500

FEB MAR

MEDIAN SALES PRICE

APR

$401

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$831 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


Laguna Hills DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$700,000

$757,500

$787,500

$790,000

12.9%

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

$321

$375

$355

$330

2.8%

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

20

18

22

27

35.0%

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

10

31

19

14

40.0%

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

61

111

111

69

13.1%

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

51

57

62

104

103.9%

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

3

6.2

5

2.6

-16.2%

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

16.4%

27.9%

17.1%

20.3%

23.8%

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

$690,000

$782,708

$733,583

$735,435

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 DEC

$700

JAN

$790,000

FEB MAR

MEDIAN SALES PRICE

APR

$330

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Laguna Woods DATA*

Dec 2013

6 month

3 month

Dec 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

0

0

-100.0%

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

2

0

0

0

-100.0%

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

76

0

0

0

-100.0%

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

0

0

0

0

0%

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

100.0%

0%

0%

0%

0%

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

$619,000

$0

$0

$650,500

5.1%

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

current market snapshot DEC JAN

No sales

FEB MAR

MEDIAN SALES PRICE

APR

No sales

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

No sales MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC 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 : December 2014

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$2,024,750

$3,547,500

$1,575,000

$1,725,000

-14.8%

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

$944

$1,245

$1,476

$682

-27.8%

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

4

6

5

1

-75.0%

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

4

3

3

0

-100.0%

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

38

48

40

29

-23.7%

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

122

86

73

0

-100.0%

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

9.5

8

8

29

205.3%

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

10.5%

6.2%

7.5%

0.0%

-100.0%

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

$2,558,000

$3,031,250

$2,895,833

$3,036,719

18.7%

*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 DEC

$2.024

JAN

$1,725,000

FEB MAR

MEDIAN SALES PRICE

APR

$682

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

29 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Mission Viejo DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$639,000

$660,000

$625,000

$637,500

-0.2%

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

$319

$319

$320

$333

4.4%

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

81

93

84

72

-11.1%

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

58

82

59

56

-3.4%

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

213

312

298

218

2.3%

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

75

50

49

76

1.3%

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

2.6

3.4

3.5

3

15.1%

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

27.2%

26.3%

19.8%

25.7%

-5.7%

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

$603,000

$629,567

$629,133

$631,262

4.7%

*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 DEC

$639

JAN

$637,500

FEB MAR

MEDIAN SALES PRICE

APR

$333

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$637 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 : December 2014

telesproperties.com


Newport Beach DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

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

$1,600,000

$1,680,000

$1,950,000

$1,795,000

12.2%

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

$690

$784

$875

$729

5.7%

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

53

64

49

51

-3.8%

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

33

71

38

31

-6.1%

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

236

387

348

263

11.4%

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

86

69

70

81

-5.8%

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

4.5

6

7.1

5.2

15.8%

Percent Under Contract ........................................

14.0%

18.3%

10.9%

11.8%

-15.7%

Average Median Price for Last 12 Months ........

$1,684,000

$1,832,500

$1,815,000

$1,811,654

7.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot DEC

$1.600

JAN

$1,795,000

FEB MAR

MEDIAN SALES PRICE

APR

$729

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

5.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.795 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 : December 2014

telesproperties.com


Newport Coast DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$1,877,500

$4,280,000

$4,389,900

$3,200,000

70.4%

Average Price per Square Foot ...........................

$712

$744

$952

$894

25.6%

Properties Sold .......................................................

10

7

12

9

-10.0%

Properties Pending Sale .......................................

7

14

14

9

28.6%

Properties For Sale ................................................

68

109

98

76

11.8%

Days on Market (Pending Sale) ...........................

101

50

112

282

179.2%

Month’s Supply of Inventory ................................

6.8

15.6

8.2

8.4

24.2%

Percent Under Contract ........................................

10.3%

12.8%

14.3%

11.8%

15.0%

Average Median Price for Last 12 Months ........

$2,769,000

$3,290,721

$3,297,308

$3,167,583

14.4%

*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 DEC

$1.877

JAN

$3,200,000

FEB MAR

MEDIAN SALES PRICE

APR

$894

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

8.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$3.200 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 : December 2014

telesproperties.com


Newport Heights DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$1,952,812

$1,925,000

$2,600,000

$1,725,000

-11.7%

Average Price per Square Foot ...........................

$686

$633

$753

$572

-16.6%

Properties Sold .......................................................

8

9

5

5

-37.5%

Properties Pending Sale .......................................

7

6

0

4

-42.9%

Properties For Sale ................................................

26

33

34

26

0.0%

Days on Market (Pending Sale) ...........................

89

43

0

68

-23.6%

Month’s Supply of Inventory ................................

3.2

3.7

6.8

5.2

60.0%

Percent Under Contract ........................................

26.9%

18.2%

0.0%

15.4%

-42.9%

Average Median Price for Last 12 Months ........

$1,526,000

$1,881,931

$1,697,713

$1,891,713

24.0%

*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 DEC

$1.952

JAN

$1,725,000

FEB MAR

MEDIAN SALES PRICE

APR

$572

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

5.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Rancho Santa Margarita DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$619,000

$665,000

$650,000

$648,000

4.7%

Average Price per Square Foot ...........................

$303

$318

$313

$310

2.3%

Properties Sold .......................................................

33

51

41

41

24.2%

Properties Pending Sale .......................................

22

45

34

25

13.6%

Properties For Sale ................................................

101

180

193

138

36.6%

Days on Market (Pending Sale) ...........................

53

50

61

78

47.2%

Month’s Supply of Inventory ................................

3.1

3.5

4.7

3.4

10.0%

Percent Under Contract ........................................

21.8%

25.0%

17.6%

18.1%

-16.8%

Average Median Price for Last 12 Months ........

$615,000

$646,973

$643,983

$647,411

5.3%

*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 DEC

$619

JAN

$648,000

FEB MAR

MEDIAN SALES PRICE

APR

$310

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$648 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 : December 2014

telesproperties.com


San Clemente DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$850,000

$793,750

$820,000

$792,500

-6.8%

Average Price per Square Foot ...........................

$389

$383

$375

$360

-7.5%

Properties Sold .......................................................

51

56

58

54

5.9%

Properties Pending Sale .......................................

46

60

72

42

-8.7%

Properties For Sale ................................................

234

331

356

232

-0.9%

Days on Market (Pending Sale) ...........................

66

69

72

98

48.5%

Month’s Supply of Inventory ................................

4.6

5.9

6.1

4.3

-6.4%

Percent Under Contract ........................................

19.7%

18.1%

20.2%

18.1%

-7.9%

Average Median Price for Last 12 Months ........

$799,000

$844,250

$848,500

$828,000

3.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot DEC

$850

JAN

$792,500

FEB MAR

MEDIAN SALES PRICE

APR

$360

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


San Juan Capistrano DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$877,500

$700,000

$829,388

$865,500

-1.4%

Average Price per Square Foot ...........................

$379

$338

$339

$371

-2.1%

Properties Sold .......................................................

20

31

16

26

30.0%

Properties Pending Sale .......................................

21

35

24

14

-33.3%

Properties For Sale ................................................

130

153

167

121

-6.9%

Days on Market (Pending Sale) ...........................

97

55

69

81

-16.5%

Month’s Supply of Inventory ................................

6.5

4.9

10.4

4.7

-28.4%

Percent Under Contract ........................................

16.2%

22.9%

14.4%

11.6%

-28.4%

Average Median Price for Last 12 Months ........

$757,000

$781,648

$848,500

$844,107

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 DEC

$877

JAN

$865,500

FEB MAR

MEDIAN SALES PRICE

APR

$371

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$865 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


Shady Canyon DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$6,300,000

$4,050,000

$0

$0

-100.0%

Average Price per Square Foot ...........................

$810

$694

$0

$0

-100.0%

Properties Sold .......................................................

1

1

0

0

-100.0%

Properties Pending Sale .......................................

1

0

1

0

-100.0%

Properties For Sale ................................................

8

3

4

2

-75.0%

Days on Market (Pending Sale) ...........................

1

0

245

0

-100.0%

Month’s Supply of Inventory ................................

8

3

0

0

0%

Percent Under Contract ........................................

12.5%

0.0%

25.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$5,696,000

$3,650,000

$3,650,000

$4,693,800

-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 DEC

$6.300

JAN

No sales

FEB MAR

MEDIAN SALES PRICE

APR

No sales

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

No sales MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC 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 : December 2014

telesproperties.com


Turtle Ridge DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$1,925,000

$1,700,000

$2,488,000

$2,237,500

16.2%

Average Price per Square Foot ...........................

$681

$656

$686

$706

3.7%

Properties Sold .......................................................

3

5

5

4

33.3%

Properties Pending Sale .......................................

3

1

5

3

0.0%

Properties For Sale ................................................

24

34

33

19

-20.8%

Days on Market (Pending Sale) ...........................

145

109

82

106

-26.9%

Month’s Supply of Inventory ................................

8

6.8

6.6

4.8

-40.6%

Percent Under Contract ........................................

12.5%

2.9%

15.2%

15.8%

26.3%

Average Median Price for Last 12 Months ........

$2,225,000

$2,349,407

$2,169,481

$2,394,034

7.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot DEC

$1.925

JAN

$2,237,500

FEB MAR

MEDIAN SALES PRICE

APR

$706

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$2.237 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 : December 2014

telesproperties.com


Turtle Rock DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$2,990,000

$0

$0

$1,355,000

-54.7%

Average Price per Square Foot ...........................

$444

$0

$0

$712

60.4%

Properties Sold .......................................................

1

0

0

1

0.0%

Properties Pending Sale .......................................

1

0

1

1

0.0%

Properties For Sale ................................................

6

3

7

7

16.7%

Days on Market (Pending Sale) ...........................

182

0

31

51

-72.0%

Month’s Supply of Inventory ................................

6

0

0

7

16.7%

Percent Under Contract ........................................

16.7%

0.0%

14.3%

14.3%

-14.3%

Average Median Price for Last 12 Months ........

$1,512,000

$1,175,000

$1,175,000

$1,584,315

4.8%

*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 $2.990

DEC JAN

$1,355,000

FEB MAR

MEDIAN SALES PRICE

APR

$712

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.355 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 : December 2014

telesproperties.com


Westminster DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$502,500

$529,944

$523,500

$535,900

6.6%

Average Price per Square Foot ...........................

$307

$314

$335

$327

6.5%

Properties Sold .......................................................

30

34

28

33

10.0%

Properties Pending Sale .......................................

17

41

35

22

29.4%

Properties For Sale ................................................

78

129

118

81

3.8%

Days on Market (Pending Sale) ...........................

43

62

55

51

18.6%

Month’s Supply of Inventory ................................

2.6

3.8

4.2

2.5

-5.6%

Percent Under Contract ........................................

21.8%

31.8%

29.7%

27.2%

24.6%

Average Median Price for Last 12 Months ........

$483,000

$539,900

$546,967

$528,411

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 DEC

$502

JAN

$535,900

FEB MAR

MEDIAN SALES PRICE

APR

$327

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.5 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$535 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


West Bay - Santa Ana Heights DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$1,300,000

$1,700,000

$1,779,500

$1,438,297

10.6%

Average Price per Square Foot ...........................

$581

$578

$684

$559

-3.8%

Properties Sold .......................................................

13

13

6

8

-38.5%

Properties Pending Sale .......................................

5

14

11

5

0.0%

Properties For Sale ................................................

35

67

63

51

45.7%

Days on Market (Pending Sale) ...........................

81

51

65

88

8.6%

Month’s Supply of Inventory ................................

2.7

5.2

10.5

6.4

136.8%

Percent Under Contract ........................................

14.3%

20.9%

17.5%

9.8%

-31.4%

Average Median Price for Last 12 Months ........

$1,353,000

$1,458,175

$1,433,599

$1,489,042

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 DEC

$1.300

JAN

$1,438,297

FEB MAR

MEDIAN SALES PRICE

APR

$559

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

6.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.438 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 : December 2014

telesproperties.com


West Newport - Lido DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$1,829,650

$1,437,500

$2,250,000

$2,225,000

21.6%

Average Price per Square Foot ...........................

$779

$942

$1,178

$1,281

64.4%

Properties Sold .......................................................

10

6

9

9

-10.0%

Properties Pending Sale .......................................

3

10

4

4

33.3%

Properties For Sale ................................................

41

58

48

41

0.0%

Days on Market (Pending Sale) ...........................

87

98

96

48

-44.8%

Month’s Supply of Inventory ................................

4.1

9.7

5.3

4.6

11.1%

Percent Under Contract ........................................

7.3%

17.2%

8.3%

9.8%

33.3%

Average Median Price for Last 12 Months ........

$1,831,000

$2,119,700

$2,100,500

$2,113,763

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 DEC

$1.829

JAN

$2,225,000

FEB MAR

MEDIAN SALES PRICE

APR

$1,281

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Santa Barbara County

Carpinteria Goleta Hope Ranch Montecito Santa Barbara East of State Santa Barbara West of State Santa Ynez

Micro Market Report : December 2014

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County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : December 2014

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Carpinteria DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$869,000

$3,875,000

$949,000

$899,000

3.5%

Average Price per Square Foot ...........................

$1,052

$1,061

$654

$500

-52.5%

Properties Sold .......................................................

11

7

7

5

-54.5%

Properties Pending Sale .......................................

2

9

7

4

100.0%

Properties For Sale ................................................

31

45

46

32

3.2%

Days on Market (Pending Sale) ...........................

28

99

94

80

185.7%

Month’s Supply of Inventory ................................

2.8

6.4

6.6

6.4

127.1%

Percent Under Contract ........................................

6.5%

20.0%

15.2%

12.5%

93.8%

Average Median Price for Last 12 Months ........

$939,000

$1,036,833

$863,833

$1,318,075

40.4%

*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 DEC

$869

JAN

$899,000

FEB MAR

MEDIAN SALES PRICE

APR

$500

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

6.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$899 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 : December 2014

telesproperties.com


Goleta DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$735,000

$869,000

$885,000

$747,450

1.7%

Average Price per Square Foot ...........................

$468

$473

$499

$536

14.5%

Properties Sold .......................................................

9

5

8

7

-22.2%

Properties Pending Sale .......................................

6

9

6

6

0.0%

Properties For Sale ................................................

23

28

27

22

-4.3%

Days on Market (Pending Sale) ...........................

56

23

36

60

7.1%

Month’s Supply of Inventory ................................

2.6

5.6

3.4

3.1

23.0%

Percent Under Contract ........................................

26.1%

32.1%

22.2%

27.3%

4.5%

Average Median Price for Last 12 Months ........

$751,000

$777,825

$728,983

$792,688

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 DEC

$735

JAN

$747,450

FEB MAR

MEDIAN SALES PRICE

APR

$536

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$747 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 : December 2014

telesproperties.com


Hope Ranch DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$2,615,000

$2,150,000

$3,128,000

$3,275,000

25.2%

Average Price per Square Foot ...........................

$791

$592

$713

$731

-7.6%

Properties Sold .......................................................

3

4

3

3

0.0%

Properties Pending Sale .......................................

3

5

2

4

33.3%

Properties For Sale ................................................

37

36

33

25

-32.4%

Days on Market (Pending Sale) ...........................

217

135

300

167

-23.0%

Month’s Supply of Inventory ................................

12.3

9

11

8.3

-32.4%

Percent Under Contract ........................................

8.1%

13.9%

6.1%

16.0%

97.3%

Average Median Price for Last 12 Months ........

$2,819,000

$2,581,167

$2,318,000

$2,987,327

6.0%

*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 DEC

$2.615

JAN

$3,275,000

FEB MAR

MEDIAN SALES PRICE

APR

$731

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

8.3 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$3.275 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 : December 2014

telesproperties.com


Montecito DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$2,030,000

$3,620,000

$2,400,000

$2,336,250

15.1%

Average Price per Square Foot ...........................

$948

$1,028

$852

$687

-27.5%

Properties Sold .......................................................

18

25

25

12

-33.3%

Properties Pending Sale .......................................

18

17

22

12

-33.3%

Properties For Sale ................................................

160

177

166

130

-18.8%

Days on Market (Pending Sale) ...........................

138

79

163

128

-7.2%

Month’s Supply of Inventory ................................

8.9

7.1

6.6

10.8

21.9%

Percent Under Contract ........................................

11.2%

9.6%

13.3%

9.2%

-17.9%

Average Median Price for Last 12 Months ........

$2,489,000

$2,894,542

$2,663,083

$2,696,712

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 DEC

$2.030

JAN

$2,336,250

FEB MAR

MEDIAN SALES PRICE

APR

$687

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

10.8 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$2.336 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 : December 2014

telesproperties.com


Santa Barbara East of State DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$1,250,000

$1,196,000

$1,300,000

$1,160,000

-7.2%

Average Price per Square Foot ...........................

$751

$682

$635

$636

-15.3%

Properties Sold .......................................................

23

26

28

25

8.7%

Properties Pending Sale .......................................

16

33

27

21

31.2%

Properties For Sale ................................................

104

138

140

101

-2.9%

Days on Market (Pending Sale) ...........................

67

48

38

62

-7.5%

Month’s Supply of Inventory ................................

4.5

5.3

5

4

-10.7%

Percent Under Contract ........................................

15.4%

23.9%

19.3%

20.8%

35.1%

Average Median Price for Last 12 Months ........

$1,016,000

$1,167,292

$1,102,917

$1,207,712

18.9%

*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 DEC

$1.250

JAN

$1,160,000

FEB MAR

MEDIAN SALES PRICE

APR

$636

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.160 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 : December 2014

telesproperties.com


Santa Barbara West of State DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$858,000

$850,000

$950,000

$862,500

0.5%

Average Price per Square Foot ...........................

$586

$598

$693

$777

32.6%

Properties Sold .......................................................

25

20

23

20

-20.0%

Properties Pending Sale .......................................

16

23

17

15

-6.2%

Properties For Sale ................................................

48

69

77

67

39.6%

Days on Market (Pending Sale) ...........................

40

38

36

52

30.0%

Month’s Supply of Inventory ................................

1.9

3.4

3.3

3.4

74.5%

Percent Under Contract ........................................

33.3%

33.3%

22.1%

22.4%

-32.8%

Average Median Price for Last 12 Months ........

$832,000

$1,077,583

$1,125,833

$1,000,077

20.2%

*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 DEC

$858

JAN

$862,500

FEB MAR

MEDIAN SALES PRICE

APR

$777

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Santa Ynez DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$600,000

$835,000

$640,000

$815,000

35.8%

Average Price per Square Foot ...........................

$268

$414

$291

$338

26.1%

Properties Sold .......................................................

7

13

9

8

14.3%

Properties Pending Sale .......................................

3

12

14

6

100.0%

Properties For Sale ................................................

104

121

116

105

1.0%

Days on Market (Pending Sale) ...........................

81

206

77

195

140.7%

Month’s Supply of Inventory ................................

14.9

9.3

12.9

13.1

-11.7%

Percent Under Contract ........................................

2.9%

9.9%

12.1%

5.7%

98.1%

Average Median Price for Last 12 Months ........

$675,000

$719,833

$619,250

$715,692

6.0%

*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 DEC

$600

JAN

$815,000

FEB MAR

MEDIAN SALES PRICE

APR

$338

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

13.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$815 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 : December 2014

telesproperties.com


Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : December 2014

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County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : December 2014

telesproperties.com


Carmel DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$1,302,500

$1,525,000

$1,675,000

$1,200,000

-7.9%

Average Price per Square Foot ...........................

$727

$733

$906

$798

9.8%

Properties Sold .......................................................

20

23

17

13

-35.0%

Properties Pending Sale .......................................

8

21

30

12

50.0%

Properties For Sale ................................................

132

147

145

113

-14.4%

Days on Market (Pending Sale) ...........................

251

81

69

70

-72.1%

Month’s Supply of Inventory ................................

6.6

6.4

8.5

8.7

31.7%

Percent Under Contract ........................................

6.1%

14.3%

20.7%

10.6%

75.2%

Average Median Price for Last 12 Months ........

$1,280,000

$1,455,192

$1,490,383

$1,436,963

12.3%

*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 DEC

$1.302

JAN

$1,200,000

FEB MAR

MEDIAN SALES PRICE

APR

$798

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

8.7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Carmel Valley DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$1,165,000

$745,000

$985,000

$944,500

-18.9%

Average Price per Square Foot ...........................

$440

$442

$390

$386

-12.3%

Properties Sold .......................................................

20

15

6

10

-50.0%

Properties Pending Sale .......................................

9

15

6

11

22.2%

Properties For Sale ................................................

95

102

92

87

-8.4%

Days on Market (Pending Sale) ...........................

189

81

40

101

-46.6%

Month’s Supply of Inventory ................................

4.8

6.8

15.3

8.7

83.2%

Percent Under Contract ........................................

9.5%

14.7%

6.5%

12.6%

33.5%

Average Median Price for Last 12 Months ........

$919,000

$875,667

$845,333

$968,942

5.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.165

DEC JAN

$944,500

FEB MAR

MEDIAN SALES PRICE

APR

$386

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

8.7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$944 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 : December 2014

telesproperties.com


Pacific Grove DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$799,500

$730,000

$774,000

$739,000

-7.6%

Average Price per Square Foot ...........................

$531

$765

$528

$590

11.1%

Properties Sold .......................................................

10

17

8

13

30.0%

Properties Pending Sale .......................................

12

13

13

13

8.3%

Properties For Sale ................................................

48

58

66

52

8.3%

Days on Market (Pending Sale) ...........................

42

84

73

49

16.7%

Month’s Supply of Inventory ................................

4.8

3.4

8.2

4

-16.7%

Percent Under Contract ........................................

25.0%

22.4%

19.7%

25.0%

0.0%

Average Median Price for Last 12 Months ........

$698,000

$748,167

$761,333

$741,804

6.3%

*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 DEC

$799

JAN

$739,000

FEB MAR

MEDIAN SALES PRICE

APR

$590

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Pebble Beach DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$2,000,000

$1,282,500

$1,570,000

$975,000

-51.2%

Average Price per Square Foot ...........................

$695

$438

$735

$686

-1.3%

Properties Sold .......................................................

7

6

15

7

0.0%

Properties Pending Sale .......................................

7

8

12

6

-14.3%

Properties For Sale ................................................

79

83

84

73

-7.6%

Days on Market (Pending Sale) ...........................

109

183

75

140

28.4%

Month’s Supply of Inventory ................................

11.3

13.8

5.6

10.4

-7.6%

Percent Under Contract ........................................

8.9%

9.6%

14.3%

8.2%

-7.2%

Average Median Price for Last 12 Months ........

$1,368,000

$1,377,917

$1,145,833

$1,469,192

7.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $2.000

DEC JAN

$975,000

FEB MAR

MEDIAN SALES PRICE

APR

$686

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

10.4 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$975 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 : December 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 : December 2014

telesproperties.com


County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : December 2014

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Beverly Center - Miracle Mile DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$825,000

$490,000

$560,000

$600,000

-27.3%

Average Price per Square Foot ...........................

$522

$488

$539

$513

-1.7%

Properties Sold .......................................................

9

10

8

7

-22.2%

Properties Pending Sale .......................................

3

5

6

6

100.0%

Properties For Sale ................................................

22

33

37

25

13.6%

Days on Market (Pending Sale) ...........................

80

50

40

82

2.5%

Month’s Supply of Inventory ................................

2.4

3.3

4.6

3.6

46.1%

Percent Under Contract ........................................

13.6%

15.2%

16.2%

24.0%

76.0%

Average Median Price for Last 12 Months ........

$618,000

$619,167

$626,667

$639,615

3.5%

*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 $825

DEC JAN

$600,000

FEB MAR

MEDIAN SALES PRICE

APR

$513

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


Beverly Hills DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$912,500

$883,000

$1,160,000

$1,005,000

10.1%

Average Price per Square Foot ...........................

$552

$554

$626

$572

3.6%

Properties Sold .......................................................

8

14

13

7

-12.5%

Properties Pending Sale .......................................

4

10

7

6

50.0%

Properties For Sale ................................................

47

58

52

50

6.4%

Days on Market (Pending Sale) ...........................

145

83

71

59

-59.3%

Month’s Supply of Inventory ................................

5.9

4.1

4

7.1

21.6%

Percent Under Contract ........................................

8.5%

17.2%

13.5%

12.0%

41.0%

Average Median Price for Last 12 Months ........

$844,000

$1,096,000

$1,067,333

$1,071,308

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 DEC

$912

JAN

$1,005,000

FEB MAR

MEDIAN SALES PRICE

APR

$572

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

7.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$1.005 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 : December 2014

telesproperties.com


Brentwood DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$767,500

$672,000

$810,000

$632,000

-17.7%

Average Price per Square Foot ...........................

$511

$492

$531

$498

-2.5%

Properties Sold .......................................................

20

17

23

14

-30.0%

Properties Pending Sale .......................................

10

16

13

18

80.0%

Properties For Sale ................................................

59

86

88

69

16.9%

Days on Market (Pending Sale) ...........................

58

32

50

61

5.2%

Month’s Supply of Inventory ................................

3

5.1

3.8

4.9

67.1%

Percent Under Contract ........................................

16.9%

18.6%

14.8%

26.1%

53.9%

Average Median Price for Last 12 Months ........

$686,000

$769,167

$745,667

$764,385

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 $767

DEC JAN

$632,000

FEB MAR

MEDIAN SALES PRICE

APR

$498

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.9 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$632 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 : December 2014

telesproperties.com


Culver City DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$402,500

$417,750

$425,000

$404,000

0.4%

Average Price per Square Foot ...........................

$389

$414

$369

$401

3.1%

Properties Sold .......................................................

8

18

17

14

75.0%

Properties Pending Sale .......................................

10

21

15

20

100.0%

Properties For Sale ................................................

33

55

49

50

51.5%

Days on Market (Pending Sale) ...........................

35

31

43

50

42.9%

Month’s Supply of Inventory ................................

4.1

3.1

2.9

3.6

-13.4%

Percent Under Contract ........................................

30.3%

38.2%

30.6%

40.0%

32.0%

Average Median Price for Last 12 Months ........

$361,000

$417,250

$409,667

$410,173

13.6%

*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 DEC

$402

JAN

$404,000

FEB MAR

MEDIAN SALES PRICE

APR

$401

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$404 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 : December 2014

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Encino DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$303,000

$262,000

$281,000

$312,000

3.0%

Average Price per Square Foot ...........................

$248

$239

$274

$262

5.6%

Properties Sold .......................................................

10

18

14

24

140.0%

Properties Pending Sale .......................................

18

14

16

17

-5.6%

Properties For Sale ................................................

31

46

48

38

22.6%

Days on Market (Pending Sale) ...........................

69

57

64

88

27.5%

Month’s Supply of Inventory ................................

3.1

2.6

3.4

1.6

-48.9%

Percent Under Contract ........................................

58.1%

30.4%

33.3%

44.7%

-23.0%

Average Median Price for Last 12 Months ........

$275,385

$294,000

$317,667

$299,462

8.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot DEC

$303

JAN

$312,000

FEB MAR

MEDIAN SALES PRICE

APR

$262

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$312 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 : December 2014

telesproperties.com


Malibu DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$753,500

$785,000

$825,000

$716,000

-5.0%

Average Price per Square Foot ...........................

$554

$678

$542

$458

-17.3%

Properties Sold .......................................................

2

2

3

1

-50.0%

Properties Pending Sale .......................................

5

1

1

2

-60.0%

Properties For Sale ................................................

21

16

26

23

9.5%

Days on Market (Pending Sale) ...........................

54

68

39

109

101.9%

Month’s Supply of Inventory ................................

10.5

8

8.7

23

119.0%

Percent Under Contract ........................................

23.8%

6.2%

3.8%

8.7%

-63.5%

Average Median Price for Last 12 Months ........

$671,000

$894,167

$950,333

$838,923

25.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot DEC

$753

JAN

$716,000

FEB MAR

MEDIAN SALES PRICE

APR

$458

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

23 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$716 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 : December 2014

telesproperties.com


Marina Del Rey DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$672,500

$792,500

$771,000

$780,000

16.0%

Average Price per Square Foot ...........................

$476

$577

$666

$568

19.3%

Properties Sold .......................................................

34

30

18

28

-17.6%

Properties Pending Sale .......................................

21

30

37

12

-42.9%

Properties For Sale ................................................

132

133

115

87

-34.1%

Days on Market (Pending Sale) ...........................

95

44

74

43

-54.7%

Month’s Supply of Inventory ................................

3.9

4.4

6.4

3.1

-20.0%

Percent Under Contract ........................................

15.9%

22.6%

32.2%

13.8%

-13.3%

Average Median Price for Last 12 Months ........

$703,000

$767,375

$762,750

$755,858

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 DEC

$672

JAN

$780,000

FEB MAR

MEDIAN SALES PRICE

APR

$568

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.1 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$780 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 : December 2014

telesproperties.com


Santa Monica DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$780,000

$1,170,000

$1,185,400

$1,150,000

47.4%

Average Price per Square Foot ...........................

$639

$971

$1,068

$1,176

84.0%

Properties Sold .......................................................

35

56

32

37

5.7%

Properties Pending Sale .......................................

21

51

38

22

4.8%

Properties For Sale ................................................

89

150

164

106

19.1%

Days on Market (Pending Sale) ...........................

54

35

46

97

79.6%

Month’s Supply of Inventory ................................

2.5

2.7

5.1

2.9

12.7%

Percent Under Contract ........................................

23.6%

34.0%

23.2%

20.8%

-12.0%

Average Median Price for Last 12 Months ........

$713,000

$996,067

$969,500

$908,131

27.4%

*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 DEC

$780

JAN

$1,150,000

FEB MAR

MEDIAN SALES PRICE

APR

$1,176

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

2.9 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$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 : December 2014

telesproperties.com


Sherman Oaks DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$394,000

$405,000

$377,000

$389,000

-1.3%

Average Price per Square Foot ...........................

$305

$315

$311

$317

3.9%

Properties Sold .......................................................

18

20

22

27

50.0%

Properties Pending Sale .......................................

13

16

20

22

69.2%

Properties For Sale ................................................

22

58

47

46

109.1%

Days on Market (Pending Sale) ...........................

66

46

58

68

3.0%

Month’s Supply of Inventory ................................

1.2

2.9

2.1

1.7

39.4%

Percent Under Contract ........................................

59.1%

27.6%

42.6%

47.8%

-19.1%

Average Median Price for Last 12 Months ........

$354,769

$392,000

$398,333

$397,769

12.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot DEC

$394

JAN

$389,000

FEB MAR

MEDIAN SALES PRICE

APR

$317

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

1.7 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$389 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 : December 2014

telesproperties.com


Studio City DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$507,000

$445,000

$409,000

$424,000

-16.4%

Average Price per Square Foot ...........................

$383

$353

$365

$388

1.3%

Properties Sold .......................................................

10

6

4

10

0.0%

Properties Pending Sale .......................................

5

20

8

9

80.0%

Properties For Sale ................................................

22

35

32

42

90.9%

Days on Market (Pending Sale) ...........................

45

61

75

60

33.3%

Month’s Supply of Inventory ................................

2.2

5.8

8

4.2

90.9%

Percent Under Contract ........................................

22.7%

57.1%

25.0%

21.4%

-5.7%

Average Median Price for Last 12 Months ........

$448,385

$507,500

$525,667

$493,923

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 $507

DEC JAN

$424,000

FEB MAR

MEDIAN SALES PRICE

APR

$388

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$424 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 : December 2014

telesproperties.com


Venice DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$1,185,000

$1,136,500

$925,000

$0

-100.0%

Average Price per Square Foot ...........................

$608

$783

$594

$0

-100.0%

Properties Sold .......................................................

5

7

4

0

-100.0%

Properties Pending Sale .......................................

0

2

2

1

0%

Properties For Sale ................................................

8

24

28

20

150.0%

Days on Market (Pending Sale) ...........................

0

228

18

54

0%

Month’s Supply of Inventory ................................

1.6

3.4

7

0

0%

Percent Under Contract ........................................

0.0%

8.3%

7.1%

5.0%

0%

Average Median Price for Last 12 Months ........

$1,092,000

$1,075,300

$889,500

$1,126,936

3.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot DEC

$1.185

JAN

No sales

FEB MAR

MEDIAN SALES PRICE

APR

No sales

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

No sales MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC 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 : December 2014

telesproperties.com


West Hollywood DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$639,000

$630,000

$675,000

$585,000

-8.5%

Average Price per Square Foot ...........................

$524

$547

$548

$553

5.5%

Properties Sold .......................................................

35

27

19

25

-28.6%

Properties Pending Sale .......................................

17

36

24

23

35.3%

Properties For Sale ................................................

101

134

143

122

20.8%

Days on Market (Pending Sale) ...........................

46

42

50

68

47.8%

Month’s Supply of Inventory ................................

2.9

5

7.5

4.9

69.1%

Percent Under Contract ........................................

16.8%

26.9%

16.8%

18.9%

12.0%

Average Median Price for Last 12 Months ........

$539,000

$621,167

$606,500

$625,288

16.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot DEC

$639

JAN

$585,000

FEB MAR

MEDIAN SALES PRICE

APR

$553

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

4.9 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$585 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : December 2014

telesproperties.com


West LA DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$762,250

$694,500

$640,000

$492,000

-35.5%

Average Price per Square Foot ...........................

$457

$452

$447

$502

9.8%

Properties Sold .......................................................

12

14

11

13

8.3%

Properties Pending Sale .......................................

12

20

10

12

0.0%

Properties For Sale ................................................

41

58

46

41

0.0%

Days on Market (Pending Sale) ...........................

42

45

39

56

33.3%

Month’s Supply of Inventory ................................

3.4

4.1

4.2

3.2

-7.7%

Percent Under Contract ........................................

29.3%

34.5%

21.7%

29.3%

0.0%

Average Median Price for Last 12 Months ........

$635,000

$611,750

$604,833

$628,635

-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 $762

DEC JAN

$492,000

FEB MAR

MEDIAN SALES PRICE

APR

$502

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

3.2 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$492 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 : December 2014

telesproperties.com


Westwood - Century City DATA*

Dec 2013

6 month

3 month

Dec 2014

% change

Median Price ..........................................................

$720,000

$729,000

$795,000

$716,000

-0.6%

Average Price per Square Foot ...........................

$668

$596

$665

$618

-7.5%

Properties Sold .......................................................

36

41

45

40

11.1%

Properties Pending Sale .......................................

26

54

47

31

19.2%

Properties For Sale ................................................

245

319

274

241

-1.6%

Days on Market (Pending Sale) ...........................

89

62

60

69

-22.5%

Month’s Supply of Inventory ................................

6.8

7.8

6.1

6

-11.5%

Percent Under Contract ........................................

10.6%

16.9%

17.2%

12.9%

21.2%

Average Median Price for Last 12 Months ........

$689,000

$762,896

$744,500

$754,726

9.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot DEC

$720

JAN

$716,000

FEB MAR

MEDIAN SALES PRICE

APR

$618

MAY JUN

AVERAGE PRICE PER SQ FT

JUL AUG SEP

6 MONTH’S SUPPLY OF INVENTORY

OCT NOV DEC

$716 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 : December 2014

telesproperties.com


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December 2014 | LOS ANGELES, ORANGE, SANTA BARBARA, & MONTEREY COUNTIES Š2014 Teles Properties, Inc. Teles Properties is a registered trademark.