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micro market report luxury real estate market research February 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

Redondo Beach

Toluca Lake

Bel Air - Holmby Hills

Mid Wilshire

Rolling Hills

Valley Village

Beverly Center - Miracle Mile

Pacific Palisades

Rolling Hills Estates

Woodland Hills

Beverly Hills

Palms - Mar Vista

San Pedro

San Gabriel Valley Macro

Beverly Hills P.O.

Playa del Rey

Torrance

Altadena

Beverlywood

Playa Vista

San Fernando Macro

Arcadia

Brentwood

Santa Monica

Burbank

Duarte

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Encino

Eagle Rock

Culver City

Venice

Glendale

La Canada Flintridge

Hancock Park - Wilshire

West Hollywood

La Crescenta

Monrovia

Hollywood

West Los Angeles

North Hollywood

Pasadena

Hollywood Hills East

Westchester

Shadow Hills

San Gabriel

Laurel Canyon

Westwood - Century City

Sherman Oaks

San Marino

Los Feliz

South Bay Macro

Studio City

Sierra Madre

Malibu

Manhattan Beach

Sun Valley

South Pasadena

Malibu Beach

Palos Verdes Estates

Sunland - Tujunga

Marina del Rey

Rancho Palos Verdes

Tarzana

Micro Market Report : February 2014

telesproperties.com


County: LOS ANGELES Area: 4,752 sq miles Founded: 1850

Micro Market Report : February 2014

telesproperties.com


Los Angeles County DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$675,000

$876,000

$837,500

$886,250

31.3%

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

$520

$587

$555

$659

26.7%

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

539

802

640

498

-7.6%

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

762

883

678

701

-8.0%

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

3,142

3,697

3,425

3,141

-0.0%

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

65

46

56

55

-15.4%

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

5.8

4.6

5.4

6.3

8.2%

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

24.3%

23.9%

19.8%

22.3%

-8.0%

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

$633,000

$851,792

$860,083

$828,788

23.6%

*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 Feb

$675

Mar

$886,250

Apr May

median sales price

Jun

$659

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.3 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$886 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Bel-Air Holmby Hills DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,825,000

$1,900,000

$2,249,500

$1,645,000

-9.9%

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

$1,102

$1,366

$736

$1,079

-2.1%

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

8

6

15

8

0.0%

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

14

17

12

16

14.3%

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

119

129

121

104

-12.6%

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

52

61

93

156

200.0%

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

14.9

21.5

8.1

13

-12.6%

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

11.8%

13.2%

9.9%

15.4%

30.8%

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

$1,897,000

$1,964,083

$1,777,833

$1,941,311

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 Feb

$1.825

Mar

$1,645,000

Apr May

median sales price

Jun

$1,079

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

13 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.645 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Beverly Center - Miracle Mile DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$915,000

$1,160,000

$1,607,500

$1,401,250

53.1%

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

$468

$606

$588

$626

33.8%

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

7

24

8

12

71.4%

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

10

24

13

16

60.0%

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

53

56

57

66

24.5%

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

49

63

51

34

-30.6%

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

7.6

2.3

7.1

5.5

-27.4%

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

18.9%

42.9%

22.8%

24.2%

28.5%

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

$938,000

$1,350,741

$1,312,083

$1,225,496

23.5%

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

current market snapshot Feb

$915

Mar

$1,401,250

Apr May

median sales price

Jun

$626

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.5 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.401 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Beverly Hills DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$2,713,500

$5,255,000

$4,797,500

$5,600,000

106.4%

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

$935

$1,189

$1,225

$1,410

50.8%

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

6

21

10

10

66.7%

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

13

18

12

18

38.5%

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

98

105

98

89

-9.2%

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

125

68

137

64

-48.8%

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

16.3

5

9.8

8.9

-45.5%

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

13.3%

17.1%

12.2%

20.2%

52.5%

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

$4,246,000

$5,322,650

$5,672,800

$4,619,954

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 Feb

$2.713

Mar

$5,600,000

Apr May

median sales price

Jun

$1,410

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

8.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$5.600 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 : February 2014

telesproperties.com


Beverly Hills- Post Office DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,750,000

$2,390,000

$1,679,000

$2,225,000

27.1%

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

$654

$691

$740

$637

-2.6%

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

13

12

12

9

-30.8%

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

15

14

12

7

-53.3%

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

111

123

116

107

-3.6%

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

88

78

64

88

0.0%

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

8.5

10.2

9.7

11.9

39.2%

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

13.5%

11.4%

10.3%

6.5%

-51.6%

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

$1,900,000

$2,026,083

$2,145,833

$2,091,475

9.2%

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

current market snapshot Feb

$1.750

Mar

$2,225,000

Apr May

median sales price

Jun

$637

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

11.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

telesproperties.com


Beverlywood DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$770,000

$750,000

$849,000

$846,000

9.9%

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

$528

$505

$533

$545

3.2%

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

8

13

14

8

0.0%

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

13

15

14

21

61.5%

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

36

54

56

57

58.3%

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

41

44

31

36

-12.2%

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

4.5

4.2

4

7.1

58.3%

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

36.1%

27.8%

25.0%

36.8%

2.0%

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

$793,000

$995,417

$1,014,500

$885,793

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 Feb

$770

Mar

$846,000

Apr May

median sales price

Jun

$545

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

7.1 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$846 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Brentwood DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$2,225,000

$2,218,000

$2,082,500

$4,050,000

82.0%

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

$821

$814

$780

$952

16.0%

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

19

22

16

13

-31.6%

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

16

15

19

9

-43.8%

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

88

100

104

84

-4.5%

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

73

48

54

27

-63.0%

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

4.6

4.5

6.5

6.5

39.5%

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

18.2%

15.0%

18.3%

10.7%

-41.1%

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

$1,906,000

$2,573,880

$2,880,926

$2,450,868

22.2%

*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 Feb

$2.225

Mar

$4,050,000

Apr May

median sales price

Jun

$952

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.5 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$4.050 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,145,000

$1,343,750

$1,511,500

$2,000,000

74.7%

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

$748

$616

$605

$509

-32.0%

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

2

10

4

3

50.0%

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

7

9

3

4

-42.9%

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

21

20

14

12

-42.9%

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

31

56

32

9

-71.0%

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

10.5

2

3.5

4

-61.9%

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

33.3%

45.0%

21.4%

33.3%

0.0%

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

$1,330,000

$1,588,167

$1,743,000

$1,484,346

10.4%

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

current market snapshot Feb

$1.145

Mar

$2,000,000

Apr May

median sales price

Jun

$509

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.000 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Culver City DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$720,000

$849,000

$790,750

$807,500

12.2%

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

$467

$504

$575

$529

13.3%

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

15

25

8

12

-20.0%

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

13

23

12

9

-30.8%

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

31

57

36

29

-6.5%

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

43

29

43

60

39.5%

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

2.1

2.3

4.5

2.4

16.9%

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

41.9%

40.4%

33.3%

31.0%

-26.0%

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

$660,000

$797,583

$802,500

$795,966

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 Feb

$720

Mar

$807,500

Apr May

median sales price

Jun

$529

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$807 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Hancock Park - Wilshire DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$930,000

$1,125,000

$1,475,000

$1,724,950

85.5%

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

$447

$454

$592

$641

43.4%

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

11

21

23

20

81.8%

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

14

26

16

20

42.9%

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

76

99

98

81

6.6%

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

50

51

47

61

22.0%

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

6.9

4.7

4.3

4

-41.4%

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

18.4%

26.3%

16.3%

24.7%

34.0%

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

$1,011,000

$1,410,304

$1,468,733

$1,236,698

18.3%

*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 Feb

$930

Mar

$1,724,950

Apr May

median sales price

Jun

$641

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.724 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Hollywood DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,160,000

$744,000

$618,000

$2,200,000

89.7%

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

$565

$395

$423

$639

13.1%

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

3

4

5

1

-66.7%

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

3

3

3

4

33.3%

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

17

20

16

17

0.0%

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

15

35

58

99

560.0%

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

5.7

5

3.2

17

200.0%

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

17.6%

15.0%

18.8%

23.5%

33.3%

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

$655,000

$902,000

$1,344,750

$765,750

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 Feb

$1.160

Mar

$2,200,000

Apr May

median sales price

Jun

$639

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

17 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

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

Micro Market Report : February 2014

telesproperties.com


Hollywood Hills East DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$960,000

$944,600

$1,041,000

$1,597,000

66.4%

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

$463

$551

$518

$583

25.9%

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

15

18

10

7

-53.3%

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

13

19

4

7

-46.2%

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

56

61

45

46

-17.9%

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

83

40

29

73

-12.0%

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

4.3

3.2

11.2

6.6

52.6%

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

23.2%

31.1%

8.9%

15.2%

-34.4%

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

$951,000

$1,274,208

$1,479,333

$1,130,912

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 Feb

$960

Mar

$1,597,000

Apr May

median sales price

Jun

$583

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.6 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.597 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Laurel Canyon DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,160,000

$1,279,615

$1,243,500

$1,385,000

19.4%

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

$504

$622

$563

$601

19.2%

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

17

25

17

24

41.2%

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

15

14

15

29

93.3%

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

106

124

130

129

21.7%

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

70

35

64

67

-4.3%

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

7.1

8.9

8.7

5.4

-23.9%

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

14.2%

11.3%

11.5%

22.5%

58.9%

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

$1,148,000

$1,289,782

$1,287,147

$1,235,754

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 Feb

$1.160

Mar

$1,385,000

Apr May

median sales price

Jun

$601

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.385 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Los Feliz DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,440,000

$989,000

$1,097,000

$1,150,000

-20.1%

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

$489

$543

$540

$567

16.0%

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

9

23

12

15

66.7%

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

21

14

12

18

-14.3%

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

81

62

72

77

-4.9%

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

29

79

52

39

34.5%

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

3.9

4.4

6

5.1

33.1%

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

25.9%

22.6%

16.7%

23.4%

-9.8%

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

$1,005,000

$1,342,167

$1,269,000

$1,227,267

18.1%

*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 Feb

$1.440

Mar

$1,150,000

Apr May

median sales price

Jun

$567

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.1 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

telesproperties.com


Malibu DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,900,000

$2,025,000

$1,837,500

$2,091,959

10.1%

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

$545

$775

$808

$671

23.1%

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

10

10

18

14

40.0%

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

17

20

15

14

-17.6%

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

166

224

182

173

4.2%

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

99

98

114

197

99.0%

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

16.6

22.4

10.1

12.4

-25.6%

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

10.2%

8.9%

8.2%

8.1%

-21.0%

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

$1,770,000

$2,253,868

$2,562,320

$2,073,401

14.6%

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

current market snapshot Feb

$1.900

Mar

$2,091,959

Apr May

median sales price

Jun

$671

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

12.4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.091 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Malibu Beach DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$12,000,000

$8,374,125

$5,075,000

$6,662,500

-44.5%

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

$2,221

$2,667

$1,443

$2,630

18.4%

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

2

4

2

4

100.0%

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

4

2

11

3

-25.0%

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

85

79

70

61

-28.2%

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

267

108

178

77

-71.2%

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

42.5

19.8

35

15.2

-64.1%

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

4.7%

2.5%

15.7%

4.9%

4.5%

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

$5,999,000

$6,801,250

$5,226,250

$6,277,913

4.4%

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

current market snapshot $12.000

Feb Mar

$6,662,500

Apr May

median sales price

Jun

$2,630

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

15.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$6.662 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Marina Del Rey DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,775,000

$1,250,000

$1,900,000

$1,715,000

-3.4%

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

$502

$389

$544

$522

4.0%

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

3

3

3

5

66.7%

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

6

2

2

7

16.7%

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

23

21

24

26

13.0%

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

77

65

37

30

-61.0%

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

7.7

7

8

5.2

-32.2%

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

26.1%

9.5%

8.3%

26.9%

3.2%

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

$1,324,000

$1,593,500

$1,820,000

$1,596,148

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 Feb

$1.775

Mar

$1,715,000

Apr May

median sales price

Jun

$522

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.715 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 : February 2014

telesproperties.com


Mid Los Angeles DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$338,000

$435,000

$490,000

$461,562

36.6%

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

$223

$302

$295

$338

51.6%

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

17

13

17

16

-5.9%

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

19

19

22

19

0.0%

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

50

83

71

60

20.0%

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

44

29

42

46

4.5%

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

2.9

6.4

4.2

3.8

27.5%

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

38.0%

22.9%

31.0%

31.7%

-16.7%

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

$311,000

$457,760

$470,521

$452,159

31.2%

*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 Feb

$338

Mar

$461,562

Apr May

median sales price

Jun

$338

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$461 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Mid Wilshire DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$470,000

$500,000

$562,000

$0

-100.0%

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

$375

$285

$308

$0

-100.0%

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

1

5

3

0

-100.0%

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

4

8

2

0

-100.0%

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

18

24

11

13

-27.8%

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

42

33

34

0

-100.0%

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

18

4.8

3.7

0

0%

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

22.2%

33.3%

18.2%

0.0%

-100.0%

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

$418,000

$584,800

$596,250

$517,523

19.2%

*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 Feb

$470

Mar

No sales

Apr May

median sales price

Jun

No sales

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

No sales MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : February 2014

telesproperties.com


Pacific Palisades DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$2,670,000

$2,200,000

$2,275,000

$2,935,000

9.9%

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

$990

$802

$909

$948

-4.2%

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

15

37

14

16

6.7%

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

23

34

20

26

13.0%

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

114

119

120

110

-3.5%

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

108

64

57

50

-53.7%

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

7.6

3.2

8.6

6.9

-9.5%

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

20.2%

28.6%

16.7%

23.6%

17.2%

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

$2,069,000

$2,577,384

$2,744,000

$2,401,961

13.9%

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

current market snapshot Feb

$2.670

Mar

$2,935,000

Apr May

median sales price

Jun

$948

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.935 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Palms - Mar Vista DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$876,725

$994,000

$1,121,000

$1,120,000

27.7%

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

$500

$599

$617

$580

16.0%

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

12

26

26

13

8.3%

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

28

27

21

20

-28.6%

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

62

69

58

56

-9.7%

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

44

29

40

38

-13.6%

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

5.2

2.7

2.2

4.3

-16.6%

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

45.2%

39.1%

36.2%

35.7%

-20.9%

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

$777,000

$991,425

$976,667

$938,252

17.2%

*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 Feb

$876

Mar

$1,120,000

Apr May

median sales price

Jun

$580

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.3 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.120 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Playa Del Rey DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,365,500

$1,277,500

$1,036,000

$1,186,046

-13.1%

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

$626

$546

$707

$491

-21.6%

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

2

3

5

4

100.0%

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

5

4

1

3

-40.0%

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

20

22

11

11

-45.0%

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

61

106

49

39

-36.1%

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

10

7.3

2.2

2.8

-72.5%

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

25.0%

18.2%

9.1%

27.3%

9.1%

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

$1,009,000

$1,161,959

$1,094,585

$1,203,635

16.2%

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

current market snapshot Feb

$1.365

Mar

$1,186,046

Apr May

median sales price

Jun

$491

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.186 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Playa Vista DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$0

$1,370,000

$0

$1,134,995

0%

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

$0

$396

$0

$478

0%

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

0

3

0

1

0%

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

0

1

1

1

0%

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

4

7

5

9

125.0%

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

0

221

6

400

0%

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

0

2.3

0

9

0%

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

0.0%

14.3%

20.0%

11.1%

0%

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

$1,116,000

$1,262,498

$1,297,498

$1,317,749

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 Feb Mar

$1,134,995

Apr May

median sales price

Jun

$478

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.134 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Santa Monica DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,375,000

$1,768,000

$2,085,750

$1,896,000

37.9%

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

$918

$867

$794

$862

-6.1%

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

13

23

19

13

0.0%

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

13

20

15

16

23.1%

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

70

83

79

68

-2.9%

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

59

45

40

57

-3.4%

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

5.4

3.6

4.2

5.2

-2.9%

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

18.6%

24.1%

19.0%

23.5%

26.7%

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

$1,852,000

$1,822,042

$1,631,333

$1,900,875

2.6%

*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 Feb

$1.375

Mar

$1,896,000

Apr May

median sales price

Jun

$862

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.896 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,425,000

$1,386,500

$1,400,000

$1,585,980

11.3%

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

$723

$702

$698

$772

6.8%

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

23

40

27

31

34.8%

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

36

35

28

37

2.8%

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

203

257

242

225

10.8%

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

86

46

64

77

-10.5%

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

8.8

6.4

9

7.3

-17.8%

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

17.7%

13.6%

11.6%

16.4%

-7.3%

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

$1,365,000

$1,446,413

$1,487,493

$1,467,038

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 Feb

$1.425

Mar

$1,585,980

Apr May

median sales price

Jun

$772

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

7.3 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.585 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 : February 2014

telesproperties.com


Venice DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,085,000

$1,350,000

$1,175,000

$1,425,000

31.3%

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

$780

$791

$878

$1,030

32.1%

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

10

21

17

9

-10.0%

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

13

30

12

15

15.4%

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

58

86

53

57

-1.7%

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

81

38

75

24

-70.4%

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

5.8

4.1

3.1

6.3

9.2%

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

22.4%

34.9%

22.6%

26.3%

17.4%

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

$1,169,000

$1,373,750

$1,429,167

$1,362,154

16.5%

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

current market snapshot Feb

$1.085

Mar

$1,425,000

Apr May

median sales price

Jun

$1,030

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.3 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.425 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


West Hollywood DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,362,500

$1,138,500

$1,050,000

$1,055,000

-22.6%

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

$750

$667

$744

$699

-6.8%

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

8

7

5

6

-25.0%

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

13

8

10

11

-15.4%

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

46

44

56

42

-8.7%

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

81

40

77

46

-43.2%

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

5.8

6.3

11.2

7

21.7%

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

28.3%

18.2%

17.9%

26.2%

-7.3%

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

$1,096,000

$1,159,439

$1,131,378

$1,144,822

4.3%

*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 $1.362

Feb Mar

$1,055,000

Apr May

median sales price

Jun

$699

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

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

Micro Market Report : February 2014

telesproperties.com


West Los Angeles DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$530,000

$881,250

$845,000

$788,000

48.7%

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

$371

$688

$692

$641

72.8%

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

3

4

7

5

66.7%

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

13

11

7

4

-69.2%

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

24

25

20

14

-41.7%

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

43

25

50

13

-69.8%

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

8

6.2

2.9

2.8

-65.0%

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

54.2%

44.0%

35.0%

28.6%

-47.3%

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

$617,000

$795,567

$809,500

$786,583

27.5%

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

current market snapshot Feb

$530

Mar

$788,000

Apr May

median sales price

Jun

$641

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$788 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Westchester DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$835,000

$842,500

$760,000

$800,000

-4.2%

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

$389

$457

$488

$443

13.9%

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

7

34

25

12

71.4%

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

19

30

17

16

-15.8%

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

41

62

38

42

2.4%

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

78

30

31

20

-74.4%

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

5.9

1.8

1.5

3.5

-40.2%

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

46.3%

48.4%

44.7%

38.1%

-17.8%

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

$647,000

$818,750

$878,333

$791,923

22.4%

*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 Feb

$835

Mar

$800,000

Apr May

median sales price

Jun

$443

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.5 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

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

Micro Market Report : February 2014

telesproperties.com


South Bay Macro Market DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$923,633

$1,470,444

$980,125

$953,875

3.3%

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

$431

$439

$453

$495

14.7%

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

126

223

151

116

-7.9%

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

172

233

175

169

-1.7%

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

494

722

580

530

7.3%

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

47

47

77

40

-14.1%

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

3.9

3.2

3.8

4.6

16.5%

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

34.8%

32.3%

30.2%

31.9%

-8.4%

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

$1,173,250

$1,106,574

$1,169,606

$1,338,731

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 Feb

$1.149

Mar

$953,875

Apr May

median sales price

Jun

$495

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.6 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.135 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Manhattan Beach DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,338,800

$1,925,000

$1,989,500

$1,900,000

41.9%

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

$1,020

$706

$762

$1,025

0.5%

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

11

29

20

21

90.9%

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

23

26

23

28

21.7%

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

67

82

59

67

0.0%

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

46

43

55

24

-47.8%

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

6.1

2.8

3

3.2

-47.6%

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

34.3%

31.7%

39.0%

41.8%

21.7%

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

$1,510,000

$1,829,000

$1,889,833

$1,793,562

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 Feb

$1.338

Mar

$1,900,000

Apr May

median sales price

Jun

$1,025

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Palos Verdes Estates DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$2,025,000

$1,700,000

$1,500,000

$1,387,500

-31.5%

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

$557

$609

$563

$616

10.6%

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

11

15

13

8

-27.3%

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

9

21

11

11

22.2%

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

43

68

52

54

25.6%

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

104

46

121

64

-38.5%

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

3.9

4.5

4

6.8

72.7%

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

20.9%

30.9%

21.2%

20.4%

-2.7%

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

$1,482,000

$1,537,417

$1,586,833

$1,629,000

9.9%

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

current market snapshot $2.025

Feb Mar

$1,387,500

Apr May

median sales price

Jun

$616

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.387 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Rancho Palos Verdes DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$999,500

$1,150,000

$1,195,000

$1,280,000

28.1%

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

$406

$482

$525

$435

7.1%

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

24

42

31

15

-37.5%

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

33

36

24

18

-45.5%

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

100

140

108

91

-9.0%

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

76

39

74

50

-34.2%

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

4.2

3.3

3.5

6.1

45.6%

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

33.0%

25.7%

22.2%

19.8%

-40.1%

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

$962,000

$1,158,833

$1,193,333

$1,127,745

17.2%

*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 Feb

$999

Mar

$1,280,000

Apr May

median sales price

Jun

$435

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.1 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.280 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Redondo Beach DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$925,000

$866,000

$809,000

$871,000

-5.8%

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

$446

$480

$523

$655

46.9%

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

25

31

15

12

-52.0%

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

36

41

30

33

-8.3%

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

81

97

89

71

-12.3%

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

42

34

31

27

-35.7%

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

3.2

3.1

5.9

5.9

82.6%

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

44.4%

42.3%

33.7%

46.5%

4.6%

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

$738,000

$848,250

$848,667

$855,115

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 Feb

$925

Mar

$871,000

Apr May

median sales price

Jun

$655

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$871 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Rolling Hills DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$0

$5,200,000

$0

$0

0%

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

$0

$433

$0

$0

0%

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

0

1

0

0

0%

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

0

5

2

3

0%

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

19

19

14

18

-5.3%

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

0

122

220

50

0%

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

0

19

0

0

0%

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

0.0%

26.3%

14.3%

16.7%

0%

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

$2,547,000

$2,795,125

$3,587,500

$2,909,500

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 Feb Mar

No sales

Apr May

median sales price

Jun

No sales

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

No sales MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : February 2014

telesproperties.com


Rolling Hills Estates DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,123,500

$1,297,500

$1,322,500

$1,095,000

-2.5%

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

$405

$522

$507

$489

20.7%

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

6

8

8

5

-16.7%

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

9

14

3

3

-66.7%

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

18

31

9

18

0.0%

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

69

59

95

39

-43.5%

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

3

3.9

1.1

3.6

20.0%

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

50.0%

45.2%

33.3%

16.7%

-66.7%

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

$1,165,000

$1,269,167

$1,160,833

$1,283,827

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 Feb

$1.123

Mar

$1,095,000

Apr May

median sales price

Jun

$489

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.6 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.095 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


San Pedro DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$398,766

$443,000

$460,000

$470,000

17.9%

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

$247

$341

$356

$325

31.6%

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

21

35

27

23

9.5%

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

30

41

32

27

-10.0%

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

83

133

125

112

34.9%

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

51

43

63

71

39.2%

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

4

3.8

4.6

4.9

23.2%

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

36.1%

30.8%

25.6%

24.1%

-33.3%

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

$428,000

$496,000

$505,667

$484,482

13.2%

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

current market snapshot Feb

$398

Mar

$470,000

Apr May

median sales price

Jun

$325

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$470 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


San Fernando Valley Macro Market DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$685,071

$731,143

$675,000

$746,071

8.9%

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

$340

$368

$361

$361

6.1%

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

351

575

429

277

-21.1%

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

469

544

485

411

-12.4%

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

632

982

917

821

29.9%

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

69

50

56

57

-17.1%

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

1.8

1.7

2.1

3

64.6%

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

74.2%

55.4%

52.9%

50.1%

-32.5%

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

$592,935

$721,488

$741,833

$697,615

17.7%

*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 Feb

$578

Mar

$746,071

Apr May

median sales price

Jun

$361

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$627 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Burbank DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$528,000

$595,000

$607,000

$655,000

24.1%

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

$348

$406

$378

$412

18.4%

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

46

62

46

39

-15.2%

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

47

56

50

56

19.1%

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

51

78

77

77

51.0%

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

56

35

43

50

-10.7%

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

1.1

1.3

1.7

2

78.1%

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

92.2%

71.8%

64.9%

72.7%

-21.1%

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

$499,538

$614,500

$621,667

$601,538

20.4%

*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 Feb

$528

Mar

$655,000

Apr May

median sales price

Jun

$412

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$655 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Encino DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$935,000

$994,000

$850,000

$1,423,000

52.2%

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

$362

$413

$379

$435

20.2%

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

26

36

33

20

-23.1%

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

45

29

42

36

-20.0%

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

64

108

88

76

18.8%

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

106

47

61

97

-8.5%

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

2.5

3

2.7

3.8

54.4%

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

70.3%

26.9%

47.7%

47.4%

-32.6%

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

$778,538

$1,035,333

$1,048,667

$956,308

22.8%

*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 Feb

$935

Mar

$1,423,000

Apr May

median sales price

Jun

$435

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.423 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Glendale DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$673,000

$700,000

$720,000

$713,000

5.9%

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

$336

$375

$382

$392

16.7%

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

45

83

63

28

-37.8%

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

62

73

69

44

-29.0%

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

67

110

100

95

41.8%

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

63

48

47

50

-20.6%

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

1.5

1.3

1.6

3.4

127.9%

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

92.5%

66.4%

69.0%

46.3%

-49.9%

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

$590,077

$710,833

$732,667

$686,538

16.3%

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

current market snapshot Feb

$673

Mar

$713,000

Apr May

median sales price

Jun

$392

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$713 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


La Crescenta DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$540,000

$773,000

$532,000

$658,000

21.9%

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

$354

$411

$383

$407

15.0%

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

9

18

18

11

22.2%

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

11

21

20

14

27.3%

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

16

33

27

24

50.0%

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

36

38

59

48

33.3%

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

1.8

1.8

1.5

2.2

22.7%

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

68.8%

63.6%

74.1%

58.3%

-15.2%

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

$560,769

$619,000

$660,667

$641,154

14.3%

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

current market snapshot Feb

$540

Mar

$658,000

Apr May

median sales price

Jun

$407

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$658 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


North Hollywood DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$358,000

$400,000

$409,000

$435,000

21.5%

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

$277

$306

$331

$294

6.1%

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

28

44

48

31

10.7%

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

39

47

45

36

-7.7%

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

46

62

68

75

63.0%

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

76

39

50

47

-38.2%

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

1.6

1.4

1.4

2.4

47.3%

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

84.8%

75.8%

66.2%

48.0%

-43.4%

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

$309,231

$408,000

$410,333

$394,923

27.7%

*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 Feb

$358

Mar

$435,000

Apr May

median sales price

Jun

$294

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$435 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Shadow Hills DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$480,000

$865,000

$542,000

$945,000

96.9%

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

$391

$319

$279

$278

-28.9%

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

2

5

2

1

-50.0%

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

2

2

2

4

100.0%

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

6

19

13

7

16.7%

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

10

109

76

2

-80.0%

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

3

3.8

6.5

7

133.3%

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

33.3%

10.5%

15.4%

57.1%

71.4%

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

$590,083

$760,500

$866,000

$696,615

18.1%

*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 Feb

$480

Mar

$945,000

Apr May

median sales price

Jun

$278

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$945 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Sherman Oaks DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$701,000

$828,000

$750,000

$925,000

32.0%

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

$379

$433

$407

$436

15.0%

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

31

70

53

38

22.6%

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

43

65

59

54

25.6%

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

64

126

125

101

57.8%

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

64

50

56

61

-4.7%

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

2.1

1.8

2.4

2.7

28.7%

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

67.2%

51.6%

47.2%

53.5%

-20.4%

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

$698,692

$865,500

$932,667

$820,769

17.5%

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

current market snapshot Feb

$701

Mar

$925,000

Apr May

median sales price

Jun

$436

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

telesproperties.com


Studio City DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$911,000

$1,163,000

$1,128,000

$1,085,000

19.1%

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

$452

$472

$455

$479

6.0%

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

16

48

22

14

-12.5%

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

30

42

27

29

-3.3%

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

58

87

83

69

19.0%

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

41

57

67

42

2.4%

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

3.6

1.8

3.8

4.9

36.0%

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

51.7%

48.3%

32.5%

42.0%

-18.7%

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

$856,385

$1,074,000

$1,077,000

$1,007,154

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 Feb

$911

Mar

$1,085,000

Apr May

median sales price

Jun

$479

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.085 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Sun Valley DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$320,000

$366,000

$407,000

$390,000

21.9%

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

$249

$256

$268

$241

-3.2%

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

23

24

22

10

-56.5%

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

23

22

23

8

-65.2%

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

27

41

38

33

22.2%

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

50

30

54

37

-26.0%

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

1.2

1.7

1.7

3.3

181.1%

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

85.2%

53.7%

60.5%

24.2%

-71.5%

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

$283,308

$370,333

$370,000

$351,231

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 Feb

$320

Mar

$390,000

Apr May

median sales price

Jun

$241

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.3 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$390 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Sunland/Tujunga DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$340,000

$446,000

$446,000

$446,000

31.2%

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

$255

$264

$289

$314

23.1%

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

38

52

34

22

-42.1%

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

52

47

40

28

-46.2%

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

58

56

65

45

-22.4%

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

80

44

50

62

-22.5%

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

1.5

1.1

1.9

2

34.0%

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

89.7%

83.9%

61.5%

62.2%

-30.6%

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

$351,308

$423,000

$427,333

$402,462

14.6%

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

current market snapshot Feb

$340

Mar

$446,000

Apr May

median sales price

Jun

$314

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$446 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Tarzana DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$785,000

$700,000

$660,000

$705,000

-10.2%

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

$289

$330

$325

$323

11.8%

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

15

31

19

18

20.0%

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

24

27

26

23

-4.2%

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

53

72

72

65

22.6%

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

128

60

58

64

-50.0%

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

3.5

2.3

3.8

3.6

2.2%

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

45.3%

37.5%

36.1%

35.4%

-21.9%

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

$640,077

$768,167

$773,667

$789,308

23.3%

*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 Feb

$785

Mar

$705,000

Apr May

median sales price

Jun

$323

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.6 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$705 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Toluca Lake DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,720,000

$1,033,000

$849,000

$740,000

-57.0%

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

$414

$455

$438

$382

-7.7%

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

3

10

7

4

33.3%

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

10

9

4

11

10.0%

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

15

17

11

11

-26.7%

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

121

57

50

41

-66.1%

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

5

1.7

1.6

2.8

-45.0%

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

66.7%

52.9%

36.4%

100.0%

50.0%

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

$991,923

$1,026,167

$1,096,000

$1,049,462

5.8%

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

current market snapshot $1.720

Feb Mar

$740,000

Apr May

median sales price

Jun

$382

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

telesproperties.com


Valley Village DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$750,000

$698,000

$895,000

$660,000

-12.0%

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

$403

$398

$444

$357

-11.4%

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

10

16

9

6

-40.0%

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

10

22

15

10

0.0%

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

20

23

30

12

-40.0%

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

61

41

62

120

96.7%

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

2

1.4

3.3

2

0.0%

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

50.0%

95.7%

50.0%

83.3%

66.7%

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

$615,538

$770,667

$712,000

$728,769

18.4%

*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 Feb

$750

Mar

$660,000

Apr May

median sales price

Jun

$357

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

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

Micro Market Report : February 2014

telesproperties.com


San Gabriel Valley Macro Market DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$814,667

$823,778

$830,333

$927,778

13.9%

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

$389

$440

$446

$463

19.1%

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

186

306

200

159

-14.5%

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

217

305

214

214

-1.4%

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

371

514

428

350

-5.7%

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

73

39

42

57

-22.7%

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

2

1.7

2.1

2.2

10.4%

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

58.5%

59.3%

50.0%

61.1%

4.5%

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

$744,832

$889,556

$919,333

$869,376

16.7%

*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 Feb

$550

Mar

$927,778

Apr May

median sales price

Jun

$463

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

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

Micro Market Report : February 2014

telesproperties.com


Altadena DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$485,000

$625,000

$543,000

$540,000

11.3%

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

$323

$401

$417

$342

5.9%

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

38

41

31

18

-52.6%

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

37

39

39

33

-10.8%

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

49

54

53

40

-18.4%

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

84

37

42

50

-40.5%

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

1.3

1.3

1.7

2.2

72.3%

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

75.5%

72.2%

73.6%

82.5%

9.3%

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

$466,231

$564,667

$545,000

$570,923

22.5%

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

current market snapshot Feb

$485

Mar

$540,000

Apr May

median sales price

Jun

$342

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$540 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Arcadia DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,100,000

$1,200,000

$1,375,000

$1,580,000

43.6%

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

$433

$539

$535

$567

30.9%

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

32

65

39

37

15.6%

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

41

59

34

41

0.0%

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

51

108

89

66

29.4%

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

69

42

54

75

8.7%

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

1.6

1.7

2.3

1.8

11.9%

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

80.4%

54.6%

38.2%

62.1%

-22.7%

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

$957,462

$1,422,500

$1,570,000

$1,299,077

35.7%

*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 Feb

$1.100

Mar

$1,580,000

Apr May

median sales price

Jun

$567

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

1.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.580 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Duarte DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$355,000

$430,000

$436,000

$383,000

7.9%

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

$246

$297

$316

$285

15.9%

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

9

14

4

16

77.8%

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

15

9

10

12

-20.0%

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

18

15

20

17

-5.6%

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

57

35

31

73

28.1%

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

2

1.1

5

1.1

-46.9%

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

83.3%

60.0%

50.0%

70.6%

-15.3%

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

$321,385

$375,167

$357,667

$378,385

17.7%

*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 Feb

$355

Mar

$383,000

Apr May

median sales price

Jun

$285

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

1.1 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$383 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Eagle Rock DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$492,000

$582,000

$550,000

$599,000

21.7%

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

$345

$415

$383

$374

8.4%

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

14

18

3

7

-50.0%

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

12

25

7

4

-66.7%

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

16

20

2

12

-25.0%

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

75

36

41

25

-66.7%

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

1.1

1.1

0.7

1.7

50.0%

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

75.0%

125.0%

350.0%

33.3%

-55.6%

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

$491,846

$574,333

$579,667

$555,000

12.8%

*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 Feb

$492

Mar

$599,000

Apr May

median sales price

Jun

$374

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

1.7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$599 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


La Canada Flintridge DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,165,000

$1,223,000

$1,150,000

$1,190,000

2.1%

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

$451

$498

$537

$601

33.3%

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

13

27

19

16

23.1%

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

17

20

13

26

52.9%

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

37

58

42

46

24.3%

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

130

40

53

75

-42.3%

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

2.8

2.1

2.2

2.9

1.0%

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

45.9%

34.5%

31.0%

56.5%

23.0%

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

$1,106,923

$1,236,333

$1,309,333

$1,254,308

13.3%

*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 Feb

$1.165

Mar

$1,190,000

Apr May

median sales price

Jun

$601

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.190 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Monrovia DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$555,000

$588,000

$532,000

$552,000

-0.5%

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

$331

$395

$372

$372

12.4%

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

25

30

26

15

-40.0%

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

21

24

21

19

-9.5%

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

45

55

49

40

-11.1%

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

42

54

45

87

107.1%

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

1.8

1.8

1.9

2.7

48.1%

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

46.7%

43.6%

42.9%

47.5%

1.8%

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

$483,538

$530,500

$522,000

$531,846

10.0%

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

current market snapshot Feb

$555

Mar

$552,000

Apr May

median sales price

Jun

$372

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$552 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Pasadena DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$615,000

$731,000

$690,000

$605,000

-1.6%

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

$423

$486

$434

$502

18.7%

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

61

97

75

47

-23.0%

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

70

100

80

68

-2.9%

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

143

167

162

126

-11.9%

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

58

43

47

63

8.6%

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

2.3

1.7

2.2

2.7

14.4%

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

49.0%

59.9%

49.4%

54.0%

10.2%

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

$597,000

$679,833

$658,333

$679,231

13.8%

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

current market snapshot Feb

$615

Mar

$605,000

Apr May

median sales price

Jun

$502

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$605 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


San Gabriel DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$535,000

$648,000

$600,000

$631,000

17.9%

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

$369

$395

$405

$389

5.4%

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

16

30

19

16

0.0%

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

21

30

22

22

4.8%

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

46

77

53

43

-6.5%

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

68

44

49

93

36.8%

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

2.9

2.6

2.8

2.7

-6.5%

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

45.7%

39.0%

41.5%

51.2%

12.1%

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

$526,615

$636,833

$631,000

$611,231

16.1%

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

current market snapshot Feb

$535

Mar

$631,000

Apr May

median sales price

Jun

$389

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$631 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


San Marino DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$2,000,000

$1,525,000

$1,650,000

$2,280,000

14.0%

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

$704

$702

$670

$821

16.6%

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

7

11

11

7

0.0%

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

10

11

13

10

0.0%

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

14

17

12

8

-42.9%

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

39

28

43

40

2.6%

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

2

1.5

1.1

1.1

-42.9%

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

71.4%

64.7%

108.3%

125.0%

75.0%

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

$1,673,308

$1,993,167

$2,136,667

$1,908,231

14.0%

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

current market snapshot Feb

$2.000

Mar

$2,280,000

Apr May

median sales price

Jun

$821

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

1.1 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.280 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Sierra Madre DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$520,000

$755,000

$835,000

$840,000

61.5%

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

$438

$450

$429

$457

4.3%

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

11

5

13

6

-45.5%

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

14

8

9

9

-35.7%

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

17

25

17

17

0.0%

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

38

47

62

32

-15.8%

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

1.5

5

1.3

2.8

83.3%

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

82.4%

32.0%

52.9%

52.9%

-35.7%

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

$668,385

$867,167

$850,667

$832,385

24.5%

*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 Feb

$520

Mar

$840,000

Apr May

median sales price

Jun

$457

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$840 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


South Pasadena DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$940,000

$880,000

$915,000

$925,000

-1.6%

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

$453

$526

$634

$575

26.9%

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

5

17

3

11

120.0%

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

9

21

6

10

11.1%

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

15

13

15

9

-40.0%

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

62

38

10

31

-50.0%

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

3

0.8

5

0.8

-72.7%

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

60.0%

161.5%

40.0%

111.1%

85.2%

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

$901,769

$898,333

$844,000

$946,385

4.9%

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

current market snapshot Feb

$940

Mar

$925,000

Apr May

median sales price

Jun

$575

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

0.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

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Orange County

Orange County Macro

Laguna Beach

San Juan Capistrano

Balboa Peninsula

Laguna Hills

Shady Canyon

Corona del Mar - Spyglass

Laguna Niguel

Turtle Ridge

Coto de Caza

Laguna Woods

Turtle Rock

Crystal Cove

Long Beach

West Bay - Santa Ana Heights

Dana Point

Lower Newport Bay - Balboa Island

West Newport - Lido

East Bluff - Harbor View

Mission Viejo

Westminster

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Ladera Ranch

San Clemente

Micro Market Report : February 2014

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County: ORANGE Area: 948 sq miles Founded: 1889

Micro Market Report : February 2014

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Orange County DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$570,000

$651,000

$648,250

$665,000

16.7%

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

$339

$383

$383

$410

20.9%

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

1204

1791

1334

1029

-14.5%

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

1692

1682

1377

1464

-13.5%

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

4,936

6,710

6,033

5,784

17.2%

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

75

47

59

55

-26.7%

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

4.1

3.7

4.5

5.6

37.1%

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

34.3%

25.1%

22.8%

25.3%

-26.2%

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

$525,000

$650,325

$656,667

$635,227

21.0%

*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 Feb

$570

Mar

$665,000

Apr May

median sales price

Jun

$410

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.6 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

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

Micro Market Report : February 2014

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Balboa Peninsula DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,687,000

$2,625,000

$3,800,000

$3,304,000

95.9%

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

$583

$1,046

$1,610

$1,217

108.7%

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

2

3

6

2

0.0%

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

4

1

4

7

75.0%

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

50

41

41

38

-24.0%

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

105

23

19

109

3.8%

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

25

13.7

6.8

19

-24.0%

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

8.0%

2.4%

9.8%

18.4%

130.3%

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

$2,048,000

$3,076,917

$2,893,000

$2,580,654

26.0%

*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 Feb

$1.687

Mar

$3,304,000

Apr May

median sales price

Jun

$1,217

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

19 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$3.304 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Corona del Mar - Spyglass DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,525,000

$2,297,500

$2,287,500

$2,500,000

63.9%

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

$926

$1,030

$952

$1,010

9.1%

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

9

14

10

11

22.2%

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

18

15

15

12

-33.3%

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

77

77

65

58

-24.7%

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

106

63

101

62

-41.5%

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

8.6

5.5

6.5

5.3

-38.4%

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

23.4%

19.5%

23.1%

20.7%

-11.5%

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

$1,778,000

$2,528,375

$2,827,583

$2,364,192

33.0%

*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 Feb

$1.525

Mar

$2,500,000

Apr May

median sales price

Jun

$1,010

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.3 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Coto de Caza DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,053,000

$936,200

$1,192,500

$1,210,000

14.9%

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

$305

$307

$304

$355

16.4%

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

21

20

16

11

-47.6%

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

25

20

20

17

-32.0%

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

92

135

121

120

30.4%

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

62

35

106

69

11.3%

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

4.4

6.8

7.6

10.9

149.0%

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

27.2%

14.8%

16.5%

14.2%

-47.9%

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

$894,000

$1,100,750

$1,048,333

$1,060,573

18.6%

*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 Feb

$1.053

Mar

$1,210,000

Apr May

median sales price

Jun

$355

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

10.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.210 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Crystal Cove DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$3,535,000

$3,950,000

$5,474,000

$4,160,000

17.7%

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

$926

$998

$1,033

$1,202

29.8%

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

6

6

2

3

-50.0%

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

6

3

0

4

-33.3%

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

28

22

21

18

-35.7%

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

68

117

0

146

114.7%

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

4.7

3.7

10.5

6

28.6%

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

21.4%

13.6%

0.0%

22.2%

3.7%

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

$4,154,000

$4,663,417

$4,306,333

$4,495,423

8.2%

*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 Feb

$3.535

Mar

$4,160,000

Apr May

median sales price

Jun

$1,202

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$4.160 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 : February 2014

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Dana Point DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$844,000

$897,000

$827,500

$914,500

8.4%

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

$426

$529

$440

$708

66.2%

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

24

35

34

25

4.2%

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

48

33

31

27

-43.8%

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

147

211

176

142

-3.4%

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

102

74

57

86

-15.7%

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

6.1

6

5.2

5.7

-7.3%

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

32.7%

15.6%

17.6%

19.0%

-41.8%

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

$719,000

$910,333

$858,167

$890,500

23.9%

*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 Feb

$844

Mar

$914,500

Apr May

median sales price

Jun

$708

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$914 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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East Bluff - Harbor View DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$985,000

$1,750,000

$1,860,500

$1,675,000

70.1%

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

$516

$639

$602

$631

22.3%

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

12

19

16

18

50.0%

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

22

13

20

10

-54.5%

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

79

66

77

77

-2.5%

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

85

86

61

35

-58.8%

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

6.6

3.5

4.8

4.3

-35.0%

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

27.8%

19.7%

26.0%

13.0%

-53.4%

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

$1,342,000

$1,667,208

$1,637,167

$1,647,285

22.7%

*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 Feb

$985

Mar

$1,675,000

Apr May

median sales price

Jun

$631

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.3 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

telesproperties.com


East Costa Mesa DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$752,500

$852,500

$846,600

$737,000

-2.1%

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

$376

$492

$424

$499

32.7%

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

8

16

13

12

50.0%

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

14

19

10

21

50.0%

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

39

72

59

71

82.1%

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

58

53

51

50

-13.8%

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

4.9

4.5

4.5

5.9

21.4%

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

35.9%

26.4%

16.9%

29.6%

-17.6%

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

$693,000

$842,392

$827,333

$835,292

20.5%

*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 Feb

$752

Mar

$737,000

Apr May

median sales price

Jun

$499

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$737 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Fountain Valley DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$615,300

$670,000

$670,000

$647,000

5.2%

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

$308

$346

$330

$338

9.7%

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

19

41

20

20

5.3%

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

27

29

17

32

18.5%

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

61

75

75

78

27.9%

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

47

32

24

28

-40.4%

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

3.2

1.8

3.8

3.9

21.5%

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

44.3%

38.7%

22.7%

41.0%

-7.3%

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

$566,000

$652,917

$650,667

$645,042

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 Feb

$615

Mar

$647,000

Apr May

median sales price

Jun

$338

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$647 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Huntington Beach DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$689,377

$705,000

$710,000

$774,500

12.3%

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

$373

$387

$398

$420

12.6%

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

78

110

91

56

-28.2%

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

90

99

97

100

11.1%

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

290

388

367

346

19.3%

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

50

56

61

49

-2.0%

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

3.7

3.5

4

6.2

66.2%

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

31.0%

25.5%

26.4%

28.9%

-6.9%

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

$625,000

$733,583

$735,833

$711,529

13.8%

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

current market snapshot Feb

$689

Mar

$774,500

Apr May

median sales price

Jun

$420

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$774 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Irvine DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$925,282

$902,500

$825,000

$940,000

1.6%

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

$413

$436

$453

$476

15.3%

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

58

96

79

53

-8.6%

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

96

93

71

82

-14.6%

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

243

382

321

307

26.3%

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

67

42

55

52

-22.4%

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

4.2

4

4.1

5.8

38.3%

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

39.5%

24.3%

22.1%

26.7%

-32.4%

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

$760,000

$888,949

$893,897

$888,498

16.9%

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

current market snapshot Feb

$925

Mar

$940,000

Apr May

median sales price

Jun

$476

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$940 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Ladera Ranch DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$765,000

$847,750

$952,500

$860,000

12.4%

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

$255

$316

$310

$339

32.9%

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

17

34

26

16

-5.9%

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

29

35

24

22

-24.1%

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

70

143

115

95

35.7%

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

73

52

67

54

-26.0%

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

4.1

4.2

4.4

5.9

44.2%

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

41.4%

24.5%

20.9%

23.2%

-44.1%

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

$694,000

$862,500

$861,667

$842,994

21.5%

*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 Feb

$765

Mar

$860,000

Apr May

median sales price

Jun

$339

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$860 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Laguna Beach DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,547,500

$2,045,250

$2,015,000

$2,547,500

64.6%

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

$838

$1,041

$939

$1,064

27.0%

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

28

28

27

20

-28.6%

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

33

32

29

28

-15.2%

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

209

266

234

235

12.4%

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

114

89

178

87

-23.7%

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

7.5

9.5

8.7

11.8

57.4%

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

15.8%

12.0%

12.4%

11.9%

-24.5%

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

$1,379,000

$1,817,917

$1,913,333

$1,714,112

24.3%

*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 Feb

$1.547

Mar

$2,547,500

Apr May

median sales price

Jun

$1,064

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

11.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.547 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Laguna Niguel DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$655,000

$819,000

$740,000

$777,500

18.7%

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

$347

$370

$382

$378

8.9%

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

57

52

31

38

-33.3%

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

51

43

44

60

17.6%

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

176

218

198

232

31.8%

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

59

58

69

55

-6.8%

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

3.1

4.2

6.4

6.1

97.7%

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

29.0%

19.7%

22.2%

25.9%

-10.8%

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

$643,000

$792,567

$795,833

$773,008

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 Feb

$655

Mar

$777,500

Apr May

median sales price

Jun

$378

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.1 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

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

Micro Market Report : February 2014

telesproperties.com


Laguna Hills DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$730,950

$672,500

$730,000

$785,000

7.4%

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

$292

$343

$331

$348

19.2%

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

10

32

25

13

30.0%

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

20

26

19

17

-15.0%

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

56

101

73

80

42.9%

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

68

48

43

56

-17.6%

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

5.6

3.2

2.9

6.2

9.9%

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

35.7%

25.7%

26.0%

21.2%

-40.5%

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

$617,000

$701,250

$705,833

$708,381

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 Feb

$730

Mar

$785,000

Apr May

median sales price

Jun

$348

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$785 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Laguna Woods DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$0

$0

$687,000

$0

0%

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

$0

$0

$382

$0

0%

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

0

0

1

0

0%

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

1

2

0

0

-100.0%

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

2

3

2

0

-100.0%

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

43

46

0

0

-100.0%

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

0

0

2

0

0%

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

50.0%

66.7%

0.0%

0%

0%

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

$600,000

$604,250

$483,000

$599,714

-0.0%

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

current market snapshot Feb Mar

No sales

Apr May

median sales price

Jun

No sales

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

No sales MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : February 2014

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,817,500

$2,285,000

$2,150,000

$2,762,500

52.0%

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

$773

$1,737

$955

$1,563

102.2%

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

4

3

5

4

0.0%

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

10

8

4

2

-80.0%

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

37

35

38

41

10.8%

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

148

71

36

74

-50.0%

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

9.2

11.7

7.6

10.2

10.8%

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

27.0%

22.9%

10.5%

4.9%

-82.0%

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

$2,251,000

$2,760,792

$2,529,083

$2,510,942

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 Feb

$1.817

Mar

$2,762,500

Apr May

median sales price

Jun

$1,563

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

10.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.762 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Mission Viejo DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$557,800

$625,000

$670,000

$629,000

12.8%

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

$277

$328

$292

$319

15.2%

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

63

105

67

53

-15.9%

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

86

89

75

64

-25.6%

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

178

290

266

237

33.1%

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

50

36

50

52

4.0%

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

2.8

2.8

4

4.5

58.3%

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

48.3%

30.7%

28.2%

27.0%

-44.1%

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

$511,000

$625,333

$622,500

$611,177

19.6%

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

current market snapshot Feb

$557

Mar

$629,000

Apr May

median sales price

Jun

$319

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.5 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$629 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Newport Beach DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$1,395,000

$1,700,000

$1,995,000

$1,650,000

18.3%

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

$603

$764

$817

$765

26.9%

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

25

43

49

37

48.0%

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

53

41

49

37

-30.2%

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

263

278

281

268

1.9%

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

112

84

61

65

-42.0%

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

10.5

6.5

5.7

7.2

-31.1%

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

20.2%

14.7%

17.4%

13.8%

-31.5%

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

$1,428,000

$1,828,750

$1,738,333

$1,715,750

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 Feb

$1.395

Mar

$1,650,000

Apr May

median sales price

Jun

$765

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

7.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Newport Coast DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$3,300,000

$2,474,500

$2,875,000

$2,650,000

-19.7%

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

$806

$803

$793

$960

19.1%

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

15

22

9

7

-53.3%

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

18

25

10

11

-38.9%

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

84

90

82

76

-9.5%

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

76

71

85

113

48.7%

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

5.6

4.1

9.1

10.9

93.9%

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

21.4%

27.8%

12.2%

14.5%

-32.5%

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

$2,209,000

$2,859,167

$2,914,167

$2,944,192

33.3%

*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 Feb

$3.300

Mar

$2,650,000

Apr May

median sales price

Jun

$960

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

10.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Newport Heights DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$0

$1,375,000

$1,315,000

$1,300,000

0%

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

$0

$594

$657

$582

0%

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

0

5

5

3

0%

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

5

7

3

3

-40.0%

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

29

35

28

32

10.3%

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

68

23

72

84

23.5%

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

0

7

5.6

10.7

0%

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

17.2%

20.0%

10.7%

9.4%

-45.6%

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

$1,308,000

$1,652,802

$1,756,437

$1,563,484

19.5%

*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 Feb Mar

$1,300,000

Apr May

median sales price

Jun

$582

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

10.7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Rancho Santa Margarita DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

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

$598,500

$600,000

$622,500

$700,000

17.0%

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

$275

$299

$316

$311

13.1%

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

28

53

30

35

25.0%

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

42

42

34

45

7.1%

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

87

147

110

121

39.1%

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

43

47

72

52

20.9%

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

3.1

2.8

3.7

3.5

11.3%

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

48.3%

28.6%

30.9%

37.2%

-23.0%

Average Median Price for Last 12 Months ........

$530,000

$644,000

$651,333

$632,248

19.3%

*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 Feb

$598

Mar

$700,000

Apr May

median sales price

Jun

$311

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.5 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

telesproperties.com


San Clemente DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$689,000

$872,500

$820,000

$800,000

16.1%

Average Price per Square Foot ...........................

$308

$393

$355

$415

34.7%

Properties Sold .......................................................

40

56

47

49

22.5%

Properties Pending Sale .......................................

58

64

51

42

-27.6%

Properties For Sale ................................................

221

311

260

247

11.8%

Days on Market (Pending Sale) ...........................

58

67

60

62

6.9%

Month’s Supply of Inventory ................................

5.5

5.6

5.5

5

-8.8%

Percent Under Contract ........................................

26.2%

20.6%

19.6%

17.0%

-35.2%

Average Median Price for Last 12 Months ........

$699,000

$809,417

$806,000

$804,077

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 Feb

$689

Mar

$800,000

Apr May

median sales price

Jun

$415

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


San Juan Capistrano DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$535,000

$920,000

$750,000

$1,610,000

200.9%

Average Price per Square Foot ...........................

$265

$335

$307

$391

47.5%

Properties Sold .......................................................

15

34

17

16

6.7%

Properties Pending Sale .......................................

26

32

20

28

7.7%

Properties For Sale ................................................

107

150

137

127

18.7%

Days on Market (Pending Sale) ...........................

64

48

62

84

31.2%

Month’s Supply of Inventory ................................

7.1

4.4

8.1

7.9

11.3%

Percent Under Contract ........................................

24.3%

21.3%

14.6%

22.0%

-9.3%

Average Median Price for Last 12 Months ........

$597,000

$926,000

$1,081,167

$842,131

41.1%

*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 Feb

$535

Mar

$1,610,000

Apr May

median sales price

Jun

$391

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

7.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.610 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Shady Canyon DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$5,083,500

$0

$0

$0

-100.0%

Average Price per Square Foot ...........................

$630

$0

$0

$0

-100.0%

Properties Sold .......................................................

2

0

0

0

-100.0%

Properties Pending Sale .......................................

3

0

0

2

-33.3%

Properties For Sale ................................................

17

8

9

8

-52.9%

Days on Market (Pending Sale) ...........................

293

0

0

208

-29.0%

Month’s Supply of Inventory ................................

8.5

0

0

0

0%

Percent Under Contract ........................................

17.6%

0.0%

0.0%

25.0%

41.7%

Average Median Price for Last 12 Months ........

$4,614,000

$6,300,000

$6,300,000

$5,532,667

19.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Feb

$5.083

Mar

No sales

Apr May

median sales price

Jun

No sales

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

No sales MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Turtle Ridge DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$2,875,000

$2,987,500

$2,802,500

$2,800,000

-2.6%

Average Price per Square Foot ...........................

$612

$606

$693

$692

13.1%

Properties Sold .......................................................

2

2

4

1

-50.0%

Properties Pending Sale .......................................

4

0

6

5

25.0%

Properties For Sale ................................................

12

21

28

27

125.0%

Days on Market (Pending Sale) ...........................

78

0

70

104

33.3%

Month’s Supply of Inventory ................................

6

10.5

7

27

350.0%

Percent Under Contract ........................................

33.3%

0.0%

21.4%

18.5%

-44.4%

Average Median Price for Last 12 Months ........

$2,002,000

$2,486,019

$2,335,865

$2,305,550

15.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Feb

$2.875

Mar

$2,800,000

Apr May

median sales price

Jun

$692

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

27 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Turtle Rock DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$1,135,000

$985,000

$0

$0

-100.0%

Average Price per Square Foot ...........................

$417

$499

$0

$0

-100.0%

Properties Sold .......................................................

3

1

0

0

-100.0%

Properties Pending Sale .......................................

1

3

1

2

100.0%

Properties For Sale ................................................

8

8

7

4

-50.0%

Days on Market (Pending Sale) ...........................

32

61

104

122

281.2%

Month’s Supply of Inventory ................................

2.7

8

0

0

0%

Percent Under Contract ........................................

12.5%

37.5%

14.3%

50.0%

300.0%

Average Median Price for Last 12 Months ........

$1,059,000

$1,852,397

$2,295,444

$1,432,510

35.3%

*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 Feb

$1.135

Mar

No sales

Apr May

median sales price

Jun

No sales

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

No sales MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Westminster DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$490,000

$505,000

$520,000

$539,500

10.1%

Average Price per Square Foot ...........................

$291

$320

$320

$322

10.7%

Properties Sold .......................................................

29

31

31

24

-17.2%

Properties Pending Sale .......................................

42

36

32

35

-16.7%

Properties For Sale ................................................

92

123

104

108

17.4%

Days on Market (Pending Sale) ...........................

33

34

42

35

6.1%

Month’s Supply of Inventory ................................

3.2

4

3.4

4.5

41.8%

Percent Under Contract ........................................

45.7%

29.3%

30.8%

32.4%

-29.0%

Average Median Price for Last 12 Months ........

$404,000

$506,667

$513,000

$498,885

23.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Feb

$490

Mar

$539,500

Apr May

median sales price

Jun

$322

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.5 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$539 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


West Bay - Santa Ana Heights DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$1,402,500

$1,205,500

$1,617,500

$1,338,500

-4.6%

Average Price per Square Foot ...........................

$506

$603

$626

$596

17.8%

Properties Sold .......................................................

2

7

10

6

200.0%

Properties Pending Sale .......................................

9

4

10

9

0.0%

Properties For Sale ................................................

42

45

45

41

-2.4%

Days on Market (Pending Sale) ...........................

158

31

60

68

-57.0%

Month’s Supply of Inventory ................................

21

6.4

4.5

6.8

-67.5%

Percent Under Contract ........................................

21.4%

8.9%

22.2%

22.0%

2.4%

Average Median Price for Last 12 Months ........

$1,195,000

$1,544,750

$1,496,167

$1,439,769

20.5%

*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 Feb

$1.402

Mar

$1,338,500

Apr May

median sales price

Jun

$596

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.338 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


West Newport - Lido DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$1,395,000

$2,350,000

$1,600,000

$1,525,000

9.3%

Average Price per Square Foot ...........................

$734

$903

$1,129

$836

13.9%

Properties Sold .......................................................

5

6

7

4

-20.0%

Properties Pending Sale .......................................

3

8

8

6

100.0%

Properties For Sale ................................................

27

54

52

39

44.4%

Days on Market (Pending Sale) ...........................

150

180

93

47

-68.7%

Month’s Supply of Inventory ................................

5.4

9

7.4

9.8

80.6%

Percent Under Contract ........................................

11.1%

14.8%

15.4%

15.4%

38.5%

Average Median Price for Last 12 Months ........

$1,699,000

$1,986,608

$1,648,217

$1,794,358

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 Feb

$1.395

Mar

$1,525,000

Apr May

median sales price

Jun

$836

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

9.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.525 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 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 : February 2014

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County: SANTA BARBARA Area: 3,789 sq miles Founded: 1850

Micro Market Report : February 2014

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Carpinteria DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$1,025,000

$895,964

$2,200,000

$2,875,000

180.5%

Average Price per Square Foot ...........................

$1,360

$585

$532

$963

-29.2%

Properties Sold .......................................................

7

9

5

3

-57.1%

Properties Pending Sale .......................................

8

9

5

2

-75.0%

Properties For Sale ................................................

45

54

38

38

-15.6%

Days on Market (Pending Sale) ...........................

121

70

33

264

118.2%

Month’s Supply of Inventory ................................

6.4

6

7.6

12.7

97.0%

Percent Under Contract ........................................

17.8%

16.7%

13.2%

5.3%

-70.4%

Average Median Price for Last 12 Months ........

$1,134,000

$1,400,455

$1,528,243

$1,107,092

-2.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Feb

$1.025

Mar

$2,875,000

Apr May

median sales price

Jun

$963

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

12.7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.875 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 : February 2014

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Goleta DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$1,121,889

$700,000

$802,500

$870,000

-22.5%

Average Price per Square Foot ...........................

$452

$787

$419

$560

23.9%

Properties Sold .......................................................

6

13

10

5

-16.7%

Properties Pending Sale .......................................

11

14

6

8

-27.3%

Properties For Sale ................................................

18

28

26

27

50.0%

Days on Market (Pending Sale) ...........................

85

42

27

16

-81.2%

Month’s Supply of Inventory ................................

3

2.2

2.6

5.4

80.0%

Percent Under Contract ........................................

61.1%

50.0%

23.1%

29.6%

-51.5%

Average Median Price for Last 12 Months ........

$652,000

$809,083

$834,667

$791,963

21.5%

*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 $1.121

Feb Mar

$870,000

Apr May

median sales price

Jun

$560

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$870 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Hope Ranch DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$5,400,000

$1,900,000

$3,575,000

$3,750,000

-30.6%

Average Price per Square Foot ...........................

$521

$713

$697

$1,312

151.8%

Properties Sold .......................................................

1

2

2

1

0.0%

Properties Pending Sale .......................................

5

1

2

3

-40.0%

Properties For Sale ................................................

28

31

40

34

21.4%

Days on Market (Pending Sale) ...........................

264

19

19

16

-93.9%

Month’s Supply of Inventory ................................

28

15.5

20

34

21.4%

Percent Under Contract ........................................

17.9%

3.2%

5.0%

8.8%

-50.6%

Average Median Price for Last 12 Months ........

$2,475,000

$3,242,500

$3,335,000

$2,991,728

20.9%

*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 $5.400

Feb Mar

$3,750,000

Apr May

median sales price

Jun

$1,312

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

34 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$3.750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Montecito DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$2,800,000

$2,632,500

$2,323,750

$2,220,000

-20.7%

Average Price per Square Foot ...........................

$715

$1,215

$1,146

$1,197

67.4%

Properties Sold .......................................................

22

20

14

8

-63.6%

Properties Pending Sale .......................................

18

17

19

8

-55.6%

Properties For Sale ................................................

193

194

175

151

-21.8%

Days on Market (Pending Sale) ...........................

66

91

168

212

221.2%

Month’s Supply of Inventory ................................

8.8

9.7

12.5

18.9

115.2%

Percent Under Contract ........................................

9.3%

8.8%

10.9%

5.3%

-43.2%

Average Median Price for Last 12 Months ........

$2,141,000

$2,300,958

$2,138,333

$2,407,519

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 $2.800

Feb Mar

$2,220,000

Apr May

median sales price

Jun

$1,197

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

18.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$2.220 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Santa Barbara East of State DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$940,000

$1,295,000

$925,000

$1,203,000

28.0%

Average Price per Square Foot ...........................

$576

$581

$592

$536

-6.9%

Properties Sold .......................................................

16

34

21

18

12.5%

Properties Pending Sale .......................................

28

23

25

22

-21.4%

Properties For Sale ................................................

128

147

124

99

-22.7%

Days on Market (Pending Sale) ...........................

49

29

71

28

-42.9%

Month’s Supply of Inventory ................................

8

4.3

5.9

5.5

-31.2%

Percent Under Contract ........................................

21.9%

15.6%

20.2%

22.2%

1.6%

Average Median Price for Last 12 Months ........

$873,000

$1,085,083

$1,188,500

$1,051,875

20.5%

*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 Feb

$940

Mar

$1,203,000

Apr May

median sales price

Jun

$536

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.5 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.203 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Santa Barbara West of State DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$711,444

$945,000

$850,000

$905,000

27.2%

Average Price per Square Foot ...........................

$477

$609

$613

$565

18.4%

Properties Sold .......................................................

14

24

19

13

-7.1%

Properties Pending Sale .......................................

22

26

20

18

-18.2%

Properties For Sale ................................................

79

89

67

63

-20.3%

Days on Market (Pending Sale) ...........................

24

28

35

55

129.2%

Month’s Supply of Inventory ................................

5.6

3.7

3.5

4.8

-14.1%

Percent Under Contract ........................................

27.8%

29.2%

29.9%

28.6%

2.6%

Average Median Price for Last 12 Months ........

$689,000

$916,417

$939,333

$875,650

27.1%

*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 Feb

$711

Mar

$905,000

Apr May

median sales price

Jun

$565

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$905 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Santa Ynez DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$697,500

$806,000

$618,000

$785,000

12.5%

Average Price per Square Foot ...........................

$360

$334

$301

$328

-8.9%

Properties Sold .......................................................

8

13

7

5

-37.5%

Properties Pending Sale .......................................

10

6

9

11

10.0%

Properties For Sale ................................................

89

118

113

106

19.1%

Days on Market (Pending Sale) ...........................

194

27

36

223

14.9%

Month’s Supply of Inventory ................................

11.1

9.1

16.1

21.2

90.6%

Percent Under Contract ........................................

11.2%

5.1%

8.0%

10.4%

-7.6%

Average Median Price for Last 12 Months ........

$627,000

$706,917

$792,500

$707,327

12.8%

*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 Feb

$697

Mar

$785,000

Apr May

median sales price

Jun

$328

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

21.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$785 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : February 2014

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County: MONTEREY Area: 3,771 sq miles Founded: 1850

Micro Market Report : February 2014

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Carmel DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$948,000

$890,000

$1,462,500

$1,587,500

67.5%

Average Price per Square Foot ...........................

$648

$715

$937

$807

24.5%

Properties Sold .......................................................

11

19

14

22

100.0%

Properties Pending Sale .......................................

28

18

22

25

-10.7%

Properties For Sale ................................................

147

179

149

149

1.4%

Days on Market (Pending Sale) ...........................

99

128

109

103

4.0%

Month’s Supply of Inventory ................................

13.4

9.4

10.6

6.8

-49.3%

Percent Under Contract ........................................

19.0%

10.1%

14.8%

16.8%

-11.9%

Average Median Price for Last 12 Months ........

$1,115,999

$1,438,688

$1,568,958

$1,312,894

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 Feb

$948

Mar

$1,587,500

Apr May

median sales price

Jun

$807

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.587 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Carmel Valley DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$758,000

$957,000

$1,200,000

$1,317,500

73.8%

Average Price per Square Foot ...........................

$341

$424

$630

$431

26.4%

Properties Sold .......................................................

11

8

7

10

-9.1%

Properties Pending Sale .......................................

14

8

12

8

-42.9%

Properties For Sale ................................................

91

115

111

85

-6.6%

Days on Market (Pending Sale) ...........................

123

109

103

64

-48.0%

Month’s Supply of Inventory ................................

8.3

14.4

15.9

8.5

2.7%

Percent Under Contract ........................................

15.4%

7.0%

10.8%

9.4%

-38.8%

Average Median Price for Last 12 Months ........

$796,000

$1,143,500

$1,210,833

$968,346

21.7%

*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 Feb

$758

Mar

$1,317,500

Apr May

median sales price

Jun

$431

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

8.5 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

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Pacific Grove DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$650,000

$730,000

$695,000

$745,000

14.6%

Average Price per Square Foot ...........................

$535

$514

$517

$451

-15.7%

Properties Sold .......................................................

9

13

11

5

-44.4%

Properties Pending Sale .......................................

12

15

13

15

25.0%

Properties For Sale ................................................

56

72

50

54

-3.6%

Days on Market (Pending Sale) ...........................

49

73

94

82

67.3%

Month’s Supply of Inventory ................................

6.2

5.5

4.5

10.8

73.6%

Percent Under Contract ........................................

21.4%

20.8%

26.0%

27.8%

29.6%

Average Median Price for Last 12 Months ........

$605,000

$737,733

$772,250

$702,435

16.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Feb

$650

Mar

$745,000

Apr May

median sales price

Jun

$451

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

10.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

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Pebble Beach DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$910,000

$945,000

$1,027,725

$1,354,000

48.8%

Average Price per Square Foot ...........................

$406

$775

$529

$735

81.0%

Properties Sold .......................................................

6

10

6

14

133.3%

Properties Pending Sale .......................................

15

8

10

9

-40.0%

Properties For Sale ................................................

89

99

92

78

-12.4%

Days on Market (Pending Sale) ...........................

116

66

150

191

64.7%

Month’s Supply of Inventory ................................

14.8

9.9

15.3

5.6

-62.4%

Percent Under Contract ........................................

16.9%

8.1%

10.9%

11.5%

-31.5%

Average Median Price for Last 12 Months ........

$1,130,000

$1,571,621

$1,757,333

$1,480,363

31.0%

*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 Feb

$910

Mar

$1,354,000

Apr May

median sales price

Jun

$735

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.6 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.354 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 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 : February 2014

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : February 2014

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Beverly Center - Miracle Mile DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$507,500

$809,500

$747,500

$769,500

51.6%

Average Price per Square Foot ...........................

$389

$455

$538

$605

55.5%

Properties Sold .......................................................

4

4

12

4

0.0%

Properties Pending Sale .......................................

4

19

14

11

175.0%

Properties For Sale ................................................

15

49

37

24

60.0%

Days on Market (Pending Sale) ...........................

15

19

61

56

273.3%

Month’s Supply of Inventory ................................

3.8

12.2

3.1

6

60.0%

Percent Under Contract ........................................

26.7%

38.8%

37.8%

45.8%

71.9%

Average Median Price for Last 12 Months ........

$518,000

$696,083

$696,500

$634,312

22.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Feb

$507

Mar

$769,500

Apr May

median sales price

Jun

$605

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$769 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Beverly Hills DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$533,750

$747,500

$905,000

$1,288,000

141.3%

Average Price per Square Foot ...........................

$451

$504

$573

$612

35.7%

Properties Sold .......................................................

4

8

4

10

150.0%

Properties Pending Sale .......................................

12

5

8

8

-33.3%

Properties For Sale ................................................

52

44

49

49

-5.8%

Days on Market (Pending Sale) ...........................

77

38

37

83

7.8%

Month’s Supply of Inventory ................................

13

5.5

12.2

4.9

-62.3%

Percent Under Contract ........................................

23.1%

11.4%

16.3%

16.3%

-29.3%

Average Median Price for Last 12 Months ........

$904,000

$1,051,500

$1,150,167

$933,865

3.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Feb

$533

Mar

$1,288,000

Apr May

median sales price

Jun

$612

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.288 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Brentwood DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$759,450

$696,000

$600,000

$747,000

-1.6%

Average Price per Square Foot ...........................

$503

$514

$441

$466

-7.4%

Properties Sold .......................................................

12

20

9

9

-25.0%

Properties Pending Sale .......................................

14

23

15

13

-7.1%

Properties For Sale ................................................

72

81

68

66

-8.3%

Days on Market (Pending Sale) ...........................

26

38

33

46

76.9%

Month’s Supply of Inventory ................................

6

4

7.6

7.3

22.2%

Percent Under Contract ........................................

19.4%

28.4%

22.1%

19.7%

1.3%

Average Median Price for Last 12 Months ........

$672,000

$719,667

$777,667

$703,579

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 Feb

$759

Mar

$747,000

Apr May

median sales price

Jun

$466

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

7.3 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

telesproperties.com


Culver City DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$437,500

$409,000

$466,500

$392,500

-10.3%

Average Price per Square Foot ...........................

$329

$361

$369

$354

7.6%

Properties Sold .......................................................

12

21

10

10

-16.7%

Properties Pending Sale .......................................

13

25

10

16

23.1%

Properties For Sale ................................................

28

39

34

44

57.1%

Days on Market (Pending Sale) ...........................

27

28

22

41

51.9%

Month’s Supply of Inventory ................................

2.3

1.9

3.4

4.4

88.6%

Percent Under Contract ........................................

46.4%

64.1%

29.4%

36.4%

-21.7%

Average Median Price for Last 12 Months ........

$307,000

$400,583

$390,667

$395,544

28.8%

*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 Feb

$437

Mar

$392,500

Apr May

median sales price

Jun

$354

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$392 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

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Encino DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$248,000

$320,000

$280,000

$377,000

52.0%

Average Price per Square Foot ...........................

$207

$247

$229

$288

39.1%

Properties Sold .......................................................

12

15

7

12

0.0%

Properties Pending Sale .......................................

12

15

13

17

41.7%

Properties For Sale ................................................

17

25

37

33

94.1%

Days on Market (Pending Sale) ...........................

70

48

44

57

-18.6%

Month’s Supply of Inventory ................................

1.4

1.7

5.3

2.8

94.1%

Percent Under Contract ........................................

70.6%

60.0%

35.1%

51.5%

-27.0%

Average Median Price for Last 12 Months ........

$215,308

$301,000

$311,667

$283,923

31.9%

*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 Feb

$248

Mar

$377,000

Apr May

median sales price

Jun

$288

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.8 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$377 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Malibu DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$750,000

$847,500

$0

$817,500

9.0%

Average Price per Square Foot ...........................

$433

$460

$0

$478

10.4%

Properties Sold .......................................................

1

4

0

2

100.0%

Properties Pending Sale .......................................

4

1

2

2

-50.0%

Properties For Sale ................................................

24

25

24

22

-8.3%

Days on Market (Pending Sale) ...........................

178

38

23

32

-82.0%

Month’s Supply of Inventory ................................

24

6.2

0

11

-54.2%

Percent Under Contract ........................................

16.7%

4.0%

8.3%

9.1%

-45.5%

Average Median Price for Last 12 Months ........

$658,000

$762,500

$690,000

$714,136

8.5%

*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 Feb

$750

Mar

$817,500

Apr May

median sales price

Jun

$478

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

11 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$817 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Marina Del Rey DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$665,000

$683,000

$685,000

$752,000

13.1%

Average Price per Square Foot ...........................

$466

$553

$517

$466

0.0%

Properties Sold .......................................................

17

29

19

21

23.5%

Properties Pending Sale .......................................

19

25

24

27

42.1%

Properties For Sale ................................................

99

138

148

140

41.4%

Days on Market (Pending Sale) ...........................

75

96

64

56

-25.3%

Month’s Supply of Inventory ................................

5.8

4.8

7.8

6.7

14.5%

Percent Under Contract ........................................

19.2%

18.1%

16.2%

19.3%

0.5%

Average Median Price for Last 12 Months ........

$594,000

$724,926

$714,800

$718,985

21.0%

*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 Feb

$665

Mar

$752,000

Apr May

median sales price

Jun

$466

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$752 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Santa Monica DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$870,000

$850,000

$717,750

$694,800

-20.1%

Average Price per Square Foot ...........................

$755

$676

$651

$795

5.3%

Properties Sold .......................................................

20

40

32

23

15.0%

Properties Pending Sale .......................................

42

39

28

41

-2.4%

Properties For Sale ................................................

99

106

101

124

25.3%

Days on Market (Pending Sale) ...........................

55

39

42

54

-1.8%

Month’s Supply of Inventory ................................

5

2.6

3.2

5.4

8.9%

Percent Under Contract ........................................

42.4%

36.8%

27.7%

33.1%

-22.1%

Average Median Price for Last 12 Months ........

$715,000

$767,425

$749,933

$778,615

8.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $870

Feb Mar

$694,800

Apr May

median sales price

Jun

$795

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

5.4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$694 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Sherman Oaks DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$313,000

$360,000

$380,000

$381,000

21.7%

Average Price per Square Foot ...........................

$247

$305

$313

$293

18.6%

Properties Sold .......................................................

12

33

18

12

0.0%

Properties Pending Sale .......................................

19

31

21

18

-5.3%

Properties For Sale ................................................

17

27

35

35

105.9%

Days on Market (Pending Sale) ...........................

52

47

45

53

1.9%

Month’s Supply of Inventory ................................

1.4

0.8

1.9

2.9

105.9%

Percent Under Contract ........................................

111.8%

114.8%

60.0%

51.4%

-54.0%

Average Median Price for Last 12 Months ........

$296,154

$395,833

$408,333

$367,923

24.2%

*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 Feb

$313

Mar

$381,000

Apr May

median sales price

Jun

$293

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.9 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$381 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


Studio City DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$464,000

$435,000

$380,000

$439,000

-5.4%

Average Price per Square Foot ...........................

$338

$345

$359

$396

17.2%

Properties Sold .......................................................

4

7

6

9

125.0%

Properties Pending Sale .......................................

7

14

12

10

42.9%

Properties For Sale ................................................

9

17

29

29

222.2%

Days on Market (Pending Sale) ...........................

83

26

63

47

-43.4%

Month’s Supply of Inventory ................................

2.2

2.4

4.8

3.2

43.2%

Percent Under Contract ........................................

77.8%

82.4%

41.4%

34.5%

-55.7%

Average Median Price for Last 12 Months ........

$416,923

$456,833

$490,333

$455,462

9.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Feb

$464

Mar

$439,000

Apr May

median sales price

Jun

$396

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

telesproperties.com


Venice DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$1,387,500

$1,340,000

$899,000

$1,179,000

-15.0%

Average Price per Square Foot ...........................

$748

$578

$597

$788

5.3%

Properties Sold .......................................................

2

3

7

5

150.0%

Properties Pending Sale .......................................

4

4

2

3

-25.0%

Properties For Sale ................................................

10

20

10

11

10.0%

Days on Market (Pending Sale) ...........................

129

48

102

23

-82.2%

Month’s Supply of Inventory ................................

5

6.7

1.4

2.2

-56.0%

Percent Under Contract ........................................

40.0%

20.0%

20.0%

27.3%

-31.8%

Average Median Price for Last 12 Months ........

$985,000

$979,500

$1,182,000

$1,127,083

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 Feb

$1.387

Mar

$1,179,000

Apr May

median sales price

Jun

$788

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

2.2 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$1.179 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


West Hollywood DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$522,500

$550,000

$775,000

$563,750

7.9%

Average Price per Square Foot ...........................

$456

$532

$611

$506

11.0%

Properties Sold .......................................................

22

33

19

24

9.1%

Properties Pending Sale .......................................

26

31

29

27

3.8%

Properties For Sale ................................................

90

128

128

108

20.0%

Days on Market (Pending Sale) ...........................

48

48

79

39

-18.8%

Month’s Supply of Inventory ................................

4.1

3.9

6.7

4.5

10.0%

Percent Under Contract ........................................

28.9%

24.2%

22.7%

25.0%

-13.5%

Average Median Price for Last 12 Months ........

$448,000

$609,708

$610,917

$563,346

25.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Feb

$522

Mar

$563,750

Apr May

median sales price

Jun

$506

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

4.5 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$563 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


West LA DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$747,000

$660,000

$760,000

$600,000

-19.7%

Average Price per Square Foot ...........................

$400

$453

$460

$441

10.2%

Properties Sold .......................................................

8

19

9

13

62.5%

Properties Pending Sale .......................................

11

13

7

12

9.1%

Properties For Sale ................................................

35

50

44

44

25.7%

Days on Market (Pending Sale) ...........................

53

37

47

43

-18.9%

Month’s Supply of Inventory ................................

4.4

2.6

4.9

3.4

-22.6%

Percent Under Contract ........................................

31.4%

26.0%

15.9%

27.3%

-13.2%

Average Median Price for Last 12 Months ........

$556,000

$646,708

$644,083

$649,750

16.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $747

Feb Mar

$600,000

Apr May

median sales price

Jun

$441

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

3.4 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$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 : February 2014

telesproperties.com


Westwood - Century City DATA*

Feb 2013

6 month

3 month

Feb 2014

% change

Median Price ..........................................................

$682,000

$680,000

$654,000

$816,063

19.7%

Average Price per Square Foot ...........................

$529

$603

$589

$608

14.9%

Properties Sold .......................................................

37

58

44

40

8.1%

Properties Pending Sale .......................................

50

62

39

39

-22.0%

Properties For Sale ................................................

231

295

277

268

16.0%

Days on Market (Pending Sale) ...........................

78

69

64

89

14.1%

Month’s Supply of Inventory ................................

6.2

5.1

6.3

6.7

7.3%

Percent Under Contract ........................................

21.6%

21.0%

14.1%

14.6%

-32.8%

Average Median Price for Last 12 Months ........

$614,000

$758,099

$737,021

$706,927

15.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Feb

$682

Mar

$816,063

Apr May

median sales price

Jun

$608

Jul Aug

AVERAgE PRICE PER SQ FT

Sep Oct Nov

6.7 MONTH’S SUPPLY OF INVENTORY

Dec Jan Feb

$816 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2014

telesproperties.com


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February 2014 | LOS ANGELES, ORANGE, SANTA BARBARA, & MONTEREY COUNTIES Š2014 Teles Properties, Inc. Teles Properties is a registered trademark.


February 2014 Micro Market Report | Teles Properties