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micro market report luxury real estate market research February 2015 | 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

Palos Verdes Estates

North Hollywood

Bel Air - Holmby Hills

Mid Wilshire

Rancho Palos Verdes

Shadow Hills

Beverly Center - Miracle Mile

Pacific Palisades

Redondo Beach - North

Sherman Oaks

Beverly Hills

Palms - Mar Vista

Redondo Beach - South

Studio City

Beverly Hills P.O.

Playa del Rey

Rolling Hills

Sun Valley

Beverlywood

Playa Vista

Rolling Hills Estates

Sunland - Tujunga

Brentwood

Santa Monica

San Pedro

Tarzana

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Torrance - County Strip

Toluca Lake

Culver City

Venice

Torrance - North

Valley Village

Hancock Park - Wilshire

West Hollywood

Torrance - Southeast

Woodland Hills

Hollywood

West Los Angeles

Torrance - South

San Gabriel Valley Macro

Hollywood Hills East

Westchester

Torrance - West

Altadena

Laurel Canyon

Westwood - Century City

San Fernando Macro

Arcadia

Los Feliz

South Bay Macro

Burbank

Duarte

Malibu

El Segundo

Encino

Eagle Rock

Malibu Beach

Hermosa Beach

Glendale

La Canada Flintridge

Marina del Rey

Manhattan Beach

La Crescenta

Monrovia

Micro Market Report : February 2015

telesproperties.com


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

Pasadena San Gabriel San Marino Sierra Madre South Pasadena

Micro Market Report : February 2015

telesproperties.com


Los Angeles County DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$485,000

$545,000

$518,000

$505,267

4.2%

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

$408

$421

$418

$398

-2.5%

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

2771

4111

3331

2786

0.5%

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

3470

4037

3540

4411

27.1%

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

17,405

21,007

18,521

16,868

-3.1%

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

60

58

62

51

-15.0%

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

6.3

5.1

5.6

6.1

-3.6%

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

19.9%

19.2%

19.1%

26.2%

31.2%

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

$618,000

$514,461

$501,256

$518,059

-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

$485

MAR

$505,267

APR MAY

MEDIAN SALES PRICE

JUN

$398

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$505 M E 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 2015

telesproperties.com


Bel-Air Holmby Hills DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,645,000

$1,945,500

$1,450,000

$1,847,500

12.3%

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

$1,079

$872

$1,188

$795

-26.3%

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

8

10

10

12

50.0%

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

16

14

16

10

-37.5%

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

104

121

123

108

3.8%

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

156

65

92

103

-34.0%

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

13

12.1

12.3

9

-30.8%

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

15.4%

11.6%

13.0%

9.3%

-39.8%

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

$1,815,000

$2,164,350

$2,140,000

$2,594,876

30.1%

*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

$1.645

MAR

$1,847,500

APR MAY

MEDIAN SALES PRICE

JUN

$795

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.847 M E 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 2015

telesproperties.com


Beverly Center - Miracle Mile DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,401,250

$1,275,000

$1,499,549

$1,354,500

-3.3%

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

$626

$621

$677

$662

5.8%

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

12

17

16

12

0.0%

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

16

17

11

14

-12.5%

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

66

71

62

62

-6.1%

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

34

38

23

53

55.9%

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

5.5

4.2

3.9

5.2

-6.1%

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

24.2%

23.9%

17.7%

22.6%

-6.9%

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

$1,207,000

$1,379,883

$1,316,500

$1,334,158

9.5%

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

current market snapshot FEB

$1.401

MAR

$1,354,500

APR MAY

MEDIAN SALES PRICE

JUN

$662

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.2 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 2015

telesproperties.com


Beverly Hills DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$5,600,000

$3,082,500

$6,200,000

$3,955,000

-29.4%

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

$1,410

$1,325

$1,329

$1,582

12.2%

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

10

14

9

8

-20.0%

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

18

12

7

12

-33.3%

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

89

97

86

92

3.4%

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

64

93

74

60

-6.2%

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

8.9

6.9

9.6

11.5

29.2%

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

20.2%

12.4%

8.1%

13.0%

-35.5%

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

$4,603,000

$4,624,583

$4,750,000

$4,417,846

-4.2%

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

current market snapshot $5.600

FEB MAR

$3,955,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,582

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

11.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$3.955 M E 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 2015

telesproperties.com


Beverly Hills- Post Office DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$2,225,000

$2,370,000

$2,616,500

$2,000,000

-10.1%

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

$637

$747

$943

$635

-0.3%

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

9

15

10

9

0.0%

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

7

10

14

13

85.7%

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

107

131

130

137

28.0%

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

88

72

83

94

6.8%

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

11.9

8.7

13

15.2

28.0%

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

6.5%

7.6%

10.8%

9.5%

45.0%

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

$2,100,000

$2,859,417

$2,725,000

$2,595,885

19.1%

*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

$2.225

MAR

$2,000,000

APR MAY

MEDIAN SALES PRICE

JUN

$635

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

15.2 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 2015

telesproperties.com


Beverlywood DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$846,000

$1,150,000

$801,000

$748,000

-11.6%

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

$545

$622

$550

$570

4.6%

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

8

17

8

10

25.0%

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

21

18

18

15

-28.6%

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

57

65

54

40

-29.8%

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

36

43

32

42

16.7%

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

7.1

3.8

6.8

4

-43.9%

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

36.8%

27.7%

33.3%

37.5%

1.8%

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

$869,000

$884,854

$854,208

$935,356

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

$846

MAR

$748,000

APR MAY

MEDIAN SALES PRICE

JUN

$570

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$748 M E 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 2015

telesproperties.com


Brentwood DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$4,050,000

$2,400,000

$2,224,995

$2,937,500

-27.5%

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

$952

$1,053

$965

$922

-3.2%

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

13

20

19

12

-7.7%

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

9

20

32

18

100.0%

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

84

103

110

104

23.8%

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

27

59

53

57

111.1%

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

6.5

5.2

5.8

8.7

34.1%

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

10.7%

19.4%

29.1%

17.3%

61.5%

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

$2,398,000

$2,667,308

$2,545,952

$2,798,681

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 $4.050

FEB MAR

$2,937,500

APR MAY

MEDIAN SALES PRICE

JUN

$922

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.937 M E 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 2015

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$2,000,000

$1,348,000

$1,475,000

$1,833,000

-8.3%

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

$509

$700

$716

$702

37.9%

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

3

10

5

7

133.3%

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

4

5

12

5

25.0%

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

12

26

29

19

58.3%

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

9

17

67

52

477.8%

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

4

2.6

5.8

2.7

-32.1%

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

33.3%

19.2%

41.4%

26.3%

-21.1%

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

$1,481,000

$1,687,583

$1,602,667

$1,610,531

8.0%

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

current market snapshot FEB

$2.000

MAR

$1,833,000

APR MAY

MEDIAN SALES PRICE

JUN

$702

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.833 M E 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 2015

telesproperties.com


Culver City DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$807,500

$827,550

$825,000

$779,000

-3.5%

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

$529

$582

$557

$611

15.5%

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

12

12

8

14

16.7%

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

9

21

14

16

77.8%

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

29

57

45

47

62.1%

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

60

45

35

40

-33.3%

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

2.4

4.8

5.6

3.4

38.9%

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

31.0%

36.8%

31.1%

34.0%

9.7%

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

$789,000

$862,833

$910,333

$843,446

6.5%

*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

$807

MAR

$779,000

APR MAY

MEDIAN SALES PRICE

JUN

$611

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$779 M E 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 2015

telesproperties.com


Hancock Park - Wilshire DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,724,950

$1,294,000

$1,255,000

$1,260,000

-27.0%

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

$641

$644

$656

$628

-2.0%

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

20

27

25

23

15.0%

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

20

23

28

21

5.0%

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

81

108

105

104

28.4%

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

61

52

66

35

-42.6%

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

4

4

4.2

4.5

11.6%

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

24.7%

21.3%

26.7%

20.2%

-18.2%

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

$1,197,000

$1,328,333

$1,350,000

$1,343,862

10.9%

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

current market snapshot $1.724

FEB MAR

$1,260,000

APR MAY

MEDIAN SALES PRICE

JUN

$628

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.260 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Hollywood DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$2,200,000

$681,500

$795,000

$642,500

-70.8%

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

$639

$532

$472

$533

-16.6%

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

1

4

7

4

300.0%

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

4

8

7

9

125.0%

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

17

26

32

42

147.1%

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

99

63

36

51

-48.5%

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

17

6.5

4.6

10.5

-38.2%

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

23.5%

30.8%

21.9%

21.4%

-8.9%

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

$664,000

$817,833

$844,167

$941,970

29.5%

*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 $2.200

FEB MAR

$642,500

APR MAY

MEDIAN SALES PRICE

JUN

$533

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$642 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Hollywood Hills East DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,597,000

$1,199,950

$1,048,500

$975,000

-38.9%

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

$583

$583

$512

$572

-1.9%

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

7

6

8

7

0.0%

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

7

13

11

14

100.0%

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

46

65

61

52

13.0%

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

73

35

52

50

-31.5%

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

6.6

5

5.5

7.4

13.0%

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

15.2%

20.0%

18.0%

26.9%

76.9%

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

$1,119,000

$1,148,550

$1,179,349

$1,157,108

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 $1.597

FEB MAR

$975,000

APR MAY

MEDIAN SALES PRICE

JUN

$572

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$975 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Laurel Canyon DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,385,000

$1,450,000

$1,555,000

$1,645,000

18.8%

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

$601

$722

$727

$681

13.3%

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

24

23

20

20

-16.7%

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

29

28

23

28

-3.4%

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

129

141

144

135

4.7%

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

67

54

44

53

-20.9%

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

4.4

5

6.3

6.8

51.7%

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

22.5%

19.9%

16.0%

20.7%

-7.7%

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

$1,231,000

$1,428,333

$1,383,333

$1,410,615

12.7%

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

current market snapshot FEB

$1.385

MAR

$1,645,000

APR MAY

MEDIAN SALES PRICE

JUN

$681

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.8 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 2015

telesproperties.com


Los Feliz DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,150,000

$1,441,000

$1,214,300

$1,250,000

8.7%

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

$567

$615

$628

$631

11.3%

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

15

16

20

15

0.0%

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

18

17

18

22

22.2%

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

77

79

80

63

-18.2%

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

39

32

45

78

100.0%

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

4.3

4.6

4.4

4.2

-1.8%

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

23.4%

21.5%

22.5%

34.9%

49.4%

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

$1,165,000

$1,360,533

$1,428,467

$1,318,400

11.6%

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

current market snapshot FEB

$1.150

MAR

$1,250,000

APR MAY

MEDIAN SALES PRICE

JUN

$631

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.250 M E 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 2015

telesproperties.com


Malibu DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$2,091,959

$1,875,000

$2,125,000

$1,755,312

-16.1%

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

$671

$608

$798

$551

-17.9%

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

14

9

11

12

-14.3%

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

14

25

15

15

7.1%

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

173

217

204

172

-0.6%

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

197

98

128

129

-34.5%

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

12.4

24.1

18.5

14.3

16.0%

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

8.1%

11.5%

7.4%

8.7%

7.8%

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

$1,991,000

$2,402,135

$2,061,771

$2,314,598

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

$2.091

MAR

$1,755,312

APR MAY

MEDIAN SALES PRICE

JUN

$551

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

14.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.755 M E 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 2015

telesproperties.com


Malibu Beach DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$6,662,500

$5,912,500

$8,200,000

$4,877,500

-26.8%

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

$2,630

$2,731

$3,513

$2,566

-2.4%

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

4

8

4

2

-50.0%

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

3

5

3

1

-66.7%

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

61

77

72

63

3.3%

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

77

103

119

384

398.7%

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

15.2

9.6

18

31.5

106.6%

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

4.9%

6.5%

4.2%

1.6%

-67.7%

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

$6,590,000

$7,296,250

$4,767,500

$6,665,779

1.1%

*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

$6.662

MAR

$4,877,500

APR MAY

MEDIAN SALES PRICE

JUN

$2,566

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

31.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$4.877 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Marina Del Rey DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,715,000

$1,590,000

$1,200,000

$2,768,578

61.4%

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

$522

$655

$649

$669

28.2%

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

5

2

5

4

-20.0%

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

7

4

1

8

14.3%

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

26

25

21

17

-34.6%

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

30

73

174

80

166.7%

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

5.2

12.5

4.2

4.2

-18.3%

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

26.9%

16.0%

4.8%

47.1%

74.8%

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

$1,636,000

$1,634,721

$2,090,276

$1,703,277

3.9%

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

current market snapshot FEB

$1.715

MAR

$2,768,578

APR MAY

MEDIAN SALES PRICE

JUN

$669

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.768 M E 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 2015

telesproperties.com


Mid Los Angeles DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$461,562

$594,000

$415,000

$423,000

-8.4%

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

$338

$347

$293

$308

-8.9%

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

16

11

27

25

56.2%

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

19

17

26

36

89.5%

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

60

74

132

137

128.3%

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

46

36

50

63

37.0%

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

3.8

6.7

4.9

5.5

46.1%

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

31.7%

23.0%

19.7%

26.3%

-17.0%

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

$452,000

$484,850

$455,167

$515,166

12.3%

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

current market snapshot FEB

$461

MAR

$423,000

APR MAY

MEDIAN SALES PRICE

JUN

$308

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 2015

telesproperties.com


Mid Wilshire DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$476,000

$662,000

$470,000

$443,000

-6.9%

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

$355

$310

$215

$313

-11.8%

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

1

6

3

3

200.0%

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

1

5

4

4

300.0%

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

14

16

26

27

92.9%

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

156

57

56

23

-85.3%

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

14

2.7

8.7

9

-35.7%

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

7.1%

31.2%

15.4%

14.8%

107.4%

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

$519,000

$559,583

$536,000

$614,808

15.6%

*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

$476

MAR

$443,000

APR MAY

MEDIAN SALES PRICE

JUN

$313

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$443 M E 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 2015

telesproperties.com


Pacific Palisades DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$2,935,000

$2,225,000

$2,539,400

$2,912,000

-0.8%

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

$948

$957

$967

$879

-7.3%

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

16

23

18

18

12.5%

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

26

20

18

28

7.7%

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

110

113

112

126

14.5%

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

50

42

39

48

-4.0%

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

6.9

4.9

6.2

7

1.8%

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

23.6%

17.7%

16.1%

22.2%

-6.0%

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

$2,379,000

$2,364,400

$2,345,667

$2,545,490

6.5%

*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

$2.935

MAR

$2,912,000

APR MAY

MEDIAN SALES PRICE

JUN

$879

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.912 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Palms - Mar Vista DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,120,000

$987,000

$1,155,145

$1,062,000

-5.2%

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

$580

$673

$625

$643

10.9%

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

13

22

27

18

38.5%

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

20

24

18

25

25.0%

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

56

84

70

78

39.3%

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

38

31

50

30

-21.1%

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

4.3

3.8

2.6

4.3

0.6%

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

35.7%

28.6%

25.7%

32.1%

-10.3%

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

$931,000

$1,075,524

$1,059,333

$1,078,434

13.7%

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

current market snapshot FEB

$1.120

MAR

$1,062,000

APR MAY

MEDIAN SALES PRICE

JUN

$643

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.062 M E 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 2015

telesproperties.com


Playa Del Rey DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,186,046

$1,287,000

$955,000

$1,560,000

31.5%

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

$491

$681

$651

$536

9.2%

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

4

2

1

7

75.0%

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

3

4

3

2

-33.3%

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

11

17

24

15

36.4%

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

39

30

17

38

-2.6%

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

2.8

8.5

24

2.1

-22.1%

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

27.3%

23.5%

12.5%

13.3%

-51.1%

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

$1,170,000

$1,320,667

$1,472,667

$1,298,119

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 FEB

$1.186

MAR

$1,560,000

APR MAY

MEDIAN SALES PRICE

JUN

$536

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.560 M E 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 2015

telesproperties.com


Playa Vista DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,134,995

$1,187,500

$1,182,500

$1,682,450

48.2%

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

$478

$492

$523

$590

23.4%

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

1

2

2

2

100.0%

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

1

0

2

0

-100.0%

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

9

6

6

6

-33.3%

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

440

0

53

0

-100.0%

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

9

3

3

3

-66.7%

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

11.1%

0.0%

33.3%

0.0%

-100.0%

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

$1,318,000

$1,593,958

$1,868,500

$1,359,750

3.1%

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

current market snapshot FEB

$1.134

MAR

$1,682,450

APR MAY

MEDIAN SALES PRICE

JUN

$590

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.682 M E 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 2015

telesproperties.com


Santa Monica DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,896,000

$2,043,250

$2,184,100

$3,149,398

66.1%

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

$862

$898

$1,165

$1,029

19.4%

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

13

18

13

10

-23.1%

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

16

19

16

15

-6.2%

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

68

77

79

76

11.8%

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

57

52

51

32

-43.9%

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

5.2

4.3

6.1

7.6

45.3%

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

23.5%

24.7%

20.3%

19.7%

-16.1%

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

$1,911,000

$2,336,125

$2,559,383

$2,147,000

11.0%

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

current market snapshot FEB

$1.896

MAR

$3,149,398

APR MAY

MEDIAN SALES PRICE

JUN

$1,029

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$3.149 M E 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 2015

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,585,980

$1,850,000

$1,850,000

$1,660,000

4.7%

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

$772

$822

$684

$719

-6.9%

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

31

31

27

31

0.0%

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

37

40

31

37

0.0%

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

225

259

280

276

22.7%

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

77

81

61

50

-35.1%

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

7.3

8.4

10.4

8.9

22.7%

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

16.4%

15.4%

11.1%

13.4%

-18.5%

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

$1,442,000

$1,752,754

$1,562,000

$1,762,559

18.2%

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

current market snapshot FEB

$1.585

MAR

$1,660,000

APR MAY

MEDIAN SALES PRICE

JUN

$719

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.660 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 2015

telesproperties.com


Venice DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,425,000

$1,800,000

$1,750,000

$1,750,000

22.8%

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

$1,030

$1,186

$1,016

$957

-7.1%

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

9

15

15

8

-11.1%

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

15

14

13

19

26.7%

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

57

56

62

69

21.1%

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

24

67

53

59

145.8%

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

6.3

3.7

4.1

8.6

36.2%

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

26.3%

25.0%

21.0%

27.5%

4.6%

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

$1,367,000

$1,544,146

$1,557,833

$1,599,821

17.0%

*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

$1,750,000

APR MAY

MEDIAN SALES PRICE

JUN

$957

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.750 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 2015

telesproperties.com


West Hollywood DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,055,000

$1,543,125

$1,075,000

$1,475,000

39.8%

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

$699

$745

$847

$779

11.4%

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

6

10

9

12

100.0%

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

11

12

8

18

63.6%

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

42

50

57

54

28.6%

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

46

52

28

38

-17.4%

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

7

5

6.3

4.5

-35.7%

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

26.2%

24.0%

14.0%

33.3%

27.3%

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

$1,127,000

$1,363,167

$1,524,667

$1,277,284

11.8%

*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

$1.055

MAR

$1,475,000

APR MAY

MEDIAN SALES PRICE

JUN

$779

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


West Los Angeles DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$788,000

$882,500

$905,000

$0

-100.0%

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

$641

$557

$781

$0

-100.0%

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

5

7

7

0

-100.0%

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

4

14

7

8

100.0%

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

14

36

41

34

142.9%

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

13

39

51

52

300.0%

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

2.8

5.1

5.9

0

0%

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

28.6%

38.9%

17.1%

23.5%

-17.6%

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

$781,000

$898,800

$870,000

$877,188

12.3%

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

current market snapshot FEB

$788

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 2015

telesproperties.com


Westchester DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$800,000

$810,000

$845,775

$842,900

5.4%

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

$443

$517

$544

$502

13.3%

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

12

33

18

14

16.7%

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

16

29

28

14

-12.5%

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

42

69

75

43

2.4%

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

20

32

48

43

115.0%

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

3.5

2.1

4.2

3.1

-12.2%

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

38.1%

42.0%

37.3%

32.6%

-14.5%

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

$781,000

$874,477

$869,862

$842,605

7.9%

*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

$800

MAR

$842,900

APR MAY

MEDIAN SALES PRICE

JUN

$502

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$842 M E 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 2015

telesproperties.com


Westwood - Century City DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$2,135,000

$1,867,500

$1,523,000

$1,627,500

-23.8%

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

$701

$771

$820

$782

11.6%

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

5

18

14

14

180.0%

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

11

15

6

13

18.2%

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

39

59

52

44

12.8%

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

30

27

22

58

93.3%

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

7.8

3.3

3.7

3.1

-59.7%

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

28.2%

25.4%

11.5%

29.5%

4.8%

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

$1,485,000

$1,688,792

$1,673,583

$1,783,865

20.1%

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

current market snapshot $2.135

FEB MAR

$1,627,500

APR MAY

MEDIAN SALES PRICE

JUN

$782

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.627 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 2015

telesproperties.com


South Bay Macro Market DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$941,089

$1,181,490

$1,192,217

$1,214,447

29.0%

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

$519

$576

$578

$583

12.3%

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

139

235

188

141

1.4%

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

204

284

218

219

7.4%

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

718

978

789

719

0.1%

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

54

69

53

47

-12.7%

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

5.2

4.2

4.2

5.1

-1.3%

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

28.4%

29.0%

27.6%

30.5%

7.2%

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

$1,054,467

$1,147,943

$1,179,333

$1,159,186

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 FEB

$941

MAR

$1,214,447

APR MAY

MEDIAN SALES PRICE

JUN

$583

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.214 M E 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 2015

telesproperties.com


El Segundo DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$952,000

$960,000

$1,300,000

$835,000

-12.3%

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

$572

$487

$603

$592

3.5%

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

1

7

4

5

400.0%

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

7

7

8

8

14.3%

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

19

13

13

17

-10.5%

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

69

60

34

25

-63.8%

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

19

1.9

3.2

3.4

-82.1%

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

36.8%

53.8%

61.5%

47.1%

27.7%

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

$846,000

$1,020,667

$922,167

$952,423

12.6%

*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

$952

MAR

$835,000

APR MAY

MEDIAN SALES PRICE

JUN

$592

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$835 M E 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 2015

telesproperties.com


Hermosa Beach DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,389,500

$2,532,500

$1,549,000

$1,450,000

4.4%

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

$698

$1,122

$969

$813

16.5%

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

7

8

9

5

-28.6%

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

6

8

9

8

33.3%

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

33

33

37

21

-36.4%

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

31

47

75

27

-12.9%

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

4.7

4.1

4.1

4.2

-10.9%

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

18.2%

24.2%

24.3%

38.1%

109.5%

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

$1,176,000

$1,402,325

$1,591,666

$1,516,188

28.9%

*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

$1.389

MAR

$1,450,000

APR MAY

MEDIAN SALES PRICE

JUN

$813

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

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

Micro Market Report : February 2015

telesproperties.com


Manhattan Beach DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,900,000

$1,995,000

$2,050,000

$2,147,500

13.0%

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

$1,025

$949

$1,262

$1,024

-0.1%

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

21

27

26

14

-33.3%

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

29

28

17

18

-37.9%

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

71

89

58

58

-18.3%

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

28

60

39

32

14.3%

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

3.4

3.3

2.2

4.1

22.5%

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

40.8%

31.5%

29.3%

31.0%

-24.0%

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

$1,794,000

$1,936,250

$1,890,833

$1,919,404

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

$1.900

MAR

$2,147,500

APR MAY

MEDIAN SALES PRICE

JUN

$1,024

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.147 M E 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 2015

telesproperties.com


Palos Verdes Estates DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,387,500

$1,725,000

$1,860,000

$1,772,500

27.7%

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

$616

$725

$713

$696

13.0%

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

8

22

11

12

50.0%

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

11

10

10

16

45.5%

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

54

77

77

56

3.7%

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

64

80

75

78

21.9%

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

6.8

3.5

7

4.7

-30.9%

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

20.4%

13.0%

13.0%

28.6%

40.3%

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

$1,629,000

$1,770,479

$1,534,000

$1,660,990

2.0%

*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

$1.387

MAR

$1,772,500

APR MAY

MEDIAN SALES PRICE

JUN

$696

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.772 M E 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 2015

telesproperties.com


Rancho Palos Verdes DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,280,000

$1,117,500

$1,037,500

$1,150,000

-10.2%

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

$435

$527

$462

$522

20.0%

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

15

34

26

20

33.3%

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

18

40

29

34

88.9%

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

91

177

128

123

35.2%

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

50

43

65

50

0.0%

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

6.1

5.2

4.9

6.2

1.4%

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

19.8%

22.6%

22.7%

27.6%

39.7%

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

$1,129,000

$1,166,833

$1,215,833

$1,173,146

3.9%

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

current market snapshot FEB

$1.280

MAR

$1,150,000

APR MAY

MEDIAN SALES PRICE

JUN

$522

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.2 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 2015

telesproperties.com


Redondo Beach- North DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$760,000

$856,000

$802,000

$870,000

14.5%

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

$471

$504

$529

$512

8.7%

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

3

9

10

8

166.7%

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

28

60

39

14

-50.0%

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

71

89

58

36

-49.3%

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

21

27

26

36

71.4%

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

23.7

9.9

5.8

4.5

-81.0%

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

39.4%

67.4%

67.2%

38.9%

-1.4%

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

$728,000

$821,667

$831,167

$813,569

11.8%

*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

$760

MAR

$870,000

APR MAY

MEDIAN SALES PRICE

JUN

$512

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 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 2015

telesproperties.com


Redondo Beach- South DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$999,000

$1,059,000

$1,000,000

$1,212,000

21.3%

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

$669

$588

$590

$618

-7.6%

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

11

19

13

9

-18.2%

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

18

17

16

14

-22.2%

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

46

64

47

41

-10.9%

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

39

49

72

51

30.8%

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

4.2

3.4

3.6

4.6

8.9%

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

39.1%

26.6%

34.0%

34.1%

-12.7%

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

$970,000

$1,145,083

$1,216,667

$1,081,423

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

$999

MAR

$1,212,000

APR MAY

MEDIAN SALES PRICE

JUN

$618

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.212 M E 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 2015

telesproperties.com


Rolling Hills DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$0

$2,680,900

$3,147,500

$3,658,000

0%

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

$0

$809

$833

$901

0%

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

0

2

4

3

0%

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

1

1

6

2

100.0%

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

19

20

26

20

5.3%

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

160

326

39

93

-41.9%

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

0

10

6.5

6.7

0%

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

5.3%

5.0%

23.1%

10.0%

90.0%

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

$2,910,000

$3,212,515

$3,205,025

$3,261,698

12.1%

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

current market snapshot FEB MAR

$3,658,000

APR MAY

MEDIAN SALES PRICE

JUN

$901

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$3.658 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 2015

telesproperties.com


Rolling Hills Estates DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,095,000

$1,060,000

$1,535,000

$1,475,000

34.7%

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

$489

$528

$483

$558

14.1%

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

5

7

2

4

-20.0%

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

3

12

6

4

33.3%

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

18

37

25

14

-22.2%

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

39

55

73

106

171.8%

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

3.6

5.3

12.5

3.5

-2.8%

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

16.7%

32.4%

24.0%

28.6%

71.4%

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

$1,284,000

$1,453,089

$1,553,261

$1,380,041

7.5%

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

current market snapshot FEB

$1.095

MAR

$1,475,000

APR MAY

MEDIAN SALES PRICE

JUN

$558

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


San Pedro DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$470,000

$649,000

$540,500

$480,500

2.2%

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

$325

$361

$350

$369

13.5%

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

23

21

24

23

0.0%

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

27

30

22

38

40.7%

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

112

125

117

141

25.9%

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

71

54

46

56

-21.1%

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

4.9

6

4.9

6.1

25.9%

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

24.1%

24.0%

18.8%

27.0%

11.8%

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

$486,000

$523,208

$527,917

$530,442

9.1%

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

current market snapshot FEB

$470

MAR

$480,500

APR MAY

MEDIAN SALES PRICE

JUN

$369

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$480 M E 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 2015

telesproperties.com


Torrance- County Strip DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$458,750

$415,000

$337,999

$445,000

-3.0%

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

$318

$357

$215

$273

-14.2%

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

4

5

1

4

0.0%

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

4

6

2

2

-50.0%

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

30

30

27

20

-33.3%

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

40

40

46

34

-15.0%

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

7.5

6

27

5

-33.3%

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

13.3%

20.0%

7.4%

10.0%

-25.0%

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

$383,000

$423,792

$453,750

$437,115

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

$458

MAR

$445,000

APR MAY

MEDIAN SALES PRICE

JUN

$273

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$445 M E 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 2015

telesproperties.com


Torrance- North DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$513,500

$562,450

$565,000

$573,950

11.8%

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

$397

$393

$379

$432

8.8%

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

10

18

13

10

0.0%

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

19

13

18

16

-15.8%

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

42

44

39

36

-14.3%

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

53

56

50

22

-58.5%

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

4.2

2.4

3

3.6

-14.3%

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

45.2%

29.5%

46.2%

44.4%

-1.8%

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

$515,000

$571,325

$574,317

$552,023

7.2%

*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

$513

MAR

$573,950

APR MAY

MEDIAN SALES PRICE

JUN

$432

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$573 M E 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 2015

telesproperties.com


Torrance- South DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$750,000

$755,000

$811,250

$812,750

8.4%

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

$484

$457

$471

$523

8.1%

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

12

27

14

8

-33.3%

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

15

22

16

12

-20.0%

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

39

66

49

41

5.1%

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

60

50

50

27

-55.0%

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

3.2

2.4

3.5

5.1

57.7%

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

38.5%

33.3%

32.7%

29.3%

-23.9%

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

$753,000

$805,250

$819,250

$795,500

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

$750

MAR

$812,750

APR MAY

MEDIAN SALES PRICE

JUN

$523

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$812 M E 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 2015

telesproperties.com


Torrance- Southeast DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$545,000

$635,000

$590,000

$620,000

13.8%

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

$342

$402

$344

$398

16.4%

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

11

15

17

8

-27.3%

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

14

16

9

16

14.3%

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

49

72

58

59

20.4%

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

42

44

63

34

-19.0%

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

4.5

4.8

3.4

7.4

65.6%

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

28.6%

22.2%

15.5%

27.1%

-5.1%

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

$513,000

$592,138

$614,983

$586,256

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

$545

MAR

$620,000

APR MAY

MEDIAN SALES PRICE

JUN

$398

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$620 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Torrance- West DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$675,000

$720,000

$757,500

$714,500

5.9%

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

$425

$424

$470

$509

19.8%

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

8

14

14

8

0.0%

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

4

14

11

17

325.0%

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

24

42

30

36

50.0%

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

37

41

44

31

-16.2%

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

3

3

2.1

4.5

50.0%

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

16.7%

33.3%

36.7%

47.2%

183.3%

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

$701,000

$749,583

$739,167

$727,577

3.8%

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

current market snapshot FEB

$675

MAR

$714,500

APR MAY

MEDIAN SALES PRICE

JUN

$509

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$714 M E 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 2015

telesproperties.com


San Fernando Valley Macro Market DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$746,071

$777,571

$738,071

$763,929

2.4%

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

$361

$390

$395

$387

7.4%

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

277

446

341

305

10.1%

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

411

512

409

498

21.2%

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

821

1,186

1,036

878

6.9%

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

57

63

62

72

25.0%

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

3

2.7

3

2.9

-2.9%

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

50.1%

43.2%

39.5%

56.7%

13.3%

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

$700,582

$758,369

$777,786

$767,921

9.6%

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

current market snapshot FEB

$746

MAR

$763,929

APR MAY

MEDIAN SALES PRICE

JUN

$387

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$763 M E 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 2015

telesproperties.com


Burbank DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$655,000

$630,000

$655,000

$657,000

0.3%

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

$412

$454

$416

$406

-1.5%

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

39

56

43

30

-23.1%

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

56

48

53

57

1.8%

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

77

88

83

71

-7.8%

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

50

46

49

65

30.0%

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

2

1.6

1.9

2.4

19.9%

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

72.7%

54.5%

63.9%

80.3%

10.4%

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

$601,538

$653,500

$649,000

$649,462

8.0%

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

current market snapshot FEB

$655

MAR

$657,000

APR MAY

MEDIAN SALES PRICE

JUN

$406

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$657 M E 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 2015

telesproperties.com


Encino DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,423,000

$1,113,000

$1,040,000

$1,000,000

-29.7%

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

$435

$473

$444

$415

-4.6%

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

20

34

32

23

15.0%

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

36

33

37

39

8.3%

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

76

123

106

117

53.9%

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

97

67

77

77

-20.6%

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

3.8

3.6

3.3

5.1

33.9%

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

47.4%

26.8%

34.9%

33.3%

-29.6%

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

$956,308

$1,058,000

$1,067,000

$1,071,615

12.1%

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

current market snapshot $1.423

FEB MAR

$1,000,000

APR MAY

MEDIAN SALES PRICE

JUN

$415

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.000 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 2015

telesproperties.com


Glendale DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$713,000

$806,000

$777,000

$745,000

4.5%

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

$392

$400

$412

$393

0.3%

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

28

60

41

45

60.7%

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

44

69

51

58

31.8%

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

95

104

121

101

6.3%

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

50

55

57

57

14.0%

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

3.4

1.7

3

2.2

-33.8%

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

46.3%

66.3%

42.1%

57.4%

24.0%

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

$686,538

$729,667

$720,333

$731,154

6.5%

*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

$713

MAR

$745,000

APR MAY

MEDIAN SALES PRICE

JUN

$393

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.2 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 2015

telesproperties.com


La Crescenta DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$658,000

$708,000

$740,000

$736,000

11.9%

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

$407

$428

$405

$382

-6.1%

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

11

36

10

14

27.3%

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

14

32

15

14

0.0%

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

24

39

20

14

-41.7%

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

48

53

51

66

37.5%

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

2.2

1.1

2

1

-54.2%

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

58.3%

82.1%

75.0%

100.0%

71.4%

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

$641,154

$714,500

$702,333

$719,462

12.2%

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

current market snapshot FEB

$658

MAR

$736,000

APR MAY

MEDIAN SALES PRICE

JUN

$382

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$736 M E 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 2015

telesproperties.com


North Hollywood DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$435,000

$432,000

$419,000

$450,000

3.4%

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

$294

$314

$333

$342

16.3%

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

31

32

26

24

-22.6%

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

36

49

45

29

-19.4%

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

75

80

87

67

-10.7%

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

47

65

53

59

25.5%

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

2.4

2.5

3.3

2.8

15.4%

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

48.0%

61.3%

51.7%

43.3%

-9.8%

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

$394,923

$455,000

$458,667

$447,692

13.4%

*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

$435

MAR

$450,000

APR MAY

MEDIAN SALES PRICE

JUN

$342

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Shadow Hills DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$945,000

$680,000

$800,000

$673,000

-28.8%

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

$278

$269

$330

$282

1.4%

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

1

2

3

2

100.0%

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

4

2

2

4

0.0%

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

7

19

13

9

28.6%

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

2

126

68

75

3650.0%

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

7

9.5

4.3

4.5

-35.7%

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

57.1%

10.5%

15.4%

44.4%

-22.2%

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

$696,615

$808,400

$946,000

$773,583

11.0%

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

current market snapshot $945

FEB MAR

$673,000

APR MAY

MEDIAN SALES PRICE

JUN

$282

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$673 M E 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 2015

telesproperties.com


Sherman Oaks DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$925,000

$895,000

$825,000

$935,000

1.1%

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

$436

$430

$450

$418

-4.1%

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

38

52

46

39

2.6%

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

54

75

44

69

27.8%

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

101

167

128

105

4.0%

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

61

65

55

79

29.5%

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

2.7

3.2

2.8

2.7

1.3%

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

53.5%

44.9%

34.4%

65.7%

22.9%

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

$820,769

$884,167

$929,000

$900,769

9.7%

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

current market snapshot FEB

$925

MAR

$935,000

APR MAY

MEDIAN SALES PRICE

JUN

$418

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 2015

telesproperties.com


Studio City DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,085,000

$1,265,000

$1,123,000

$1,335,000

23.0%

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

$479

$524

$554

$583

21.7%

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

14

23

22

16

14.3%

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

29

35

19

39

34.5%

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

69

86

65

60

-13.0%

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

42

57

69

60

42.9%

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

4.9

3.7

3

3.8

-23.9%

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

42.0%

40.7%

29.2%

65.0%

54.7%

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

$1,003,692

$1,138,000

$1,195,000

$1,171,385

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

$1.085

MAR

$1,335,000

APR MAY

MEDIAN SALES PRICE

JUN

$583

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.335 M E 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 2015

telesproperties.com


Sun Valley DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$390,000

$428,000

$450,000

$500,000

28.2%

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

$241

$315

$302

$300

24.5%

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

10

12

19

12

20.0%

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

8

20

16

23

187.5%

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

33

41

40

39

18.2%

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

37

48

69

85

129.7%

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

3.3

3.4

2.1

3.2

-1.5%

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

24.2%

48.8%

40.0%

59.0%

143.3%

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

$396,231

$425,500

$442,667

$408,769

3.2%

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

current market snapshot FEB

$390

MAR

$500,000

APR MAY

MEDIAN SALES PRICE

JUN

$300

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 2015

telesproperties.com


Sunland/Tujunga DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$446,000

$500,000

$504,000

$454,000

1.8%

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

$314

$286

$324

$319

1.6%

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

22

36

24

28

27.3%

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

28

37

27

34

21.4%

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

45

82

62

59

31.1%

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

62

71

66

38

-38.7%

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

2

2.3

2.6

2.1

3.0%

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

62.2%

45.1%

43.5%

57.6%

-7.4%

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

$402,462

$485,167

$475,667

$465,462

15.7%

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

current market snapshot FEB

$446

MAR

$454,000

APR MAY

MEDIAN SALES PRICE

JUN

$319

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$454 M E 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 2015

telesproperties.com


Tarzana DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$705,000

$1,055,000

$775,000

$812,000

15.2%

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

$323

$392

$310

$328

1.5%

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

18

21

20

17

-5.6%

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

23

26

19

32

39.1%

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

65

105

90

76

16.9%

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

64

71

70

102

59.4%

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

3.6

5

4.5

4.5

23.8%

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

35.4%

24.8%

21.1%

42.1%

19.0%

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

$789,308

$820,167

$874,000

$867,692

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 FEB

$705

MAR

$812,000

APR MAY

MEDIAN SALES PRICE

JUN

$328

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$812 M E 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 2015

telesproperties.com


Toluca Lake DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$740,000

$850,000

$785,000

$880,000

18.9%

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

$382

$425

$481

$477

24.9%

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

4

6

5

5

25.0%

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

11

8

8

11

0.0%

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

11

24

17

14

27.3%

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

41

45

78

92

124.4%

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

2.8

4

3.4

2.8

1.8%

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

100.0%

33.3%

47.1%

78.6%

-21.4%

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

$1,049,462

$941,000

$1,001,333

$1,079,846

2.9%

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

current market snapshot FEB

$740

MAR

$880,000

APR MAY

MEDIAN SALES PRICE

JUN

$477

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$880 M E 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 2015

telesproperties.com


Valley Village DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$660,000

$825,000

$720,000

$823,000

24.7%

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

$357

$443

$442

$470

31.7%

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

6

15

9

8

33.3%

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

10

13

13

11

10.0%

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

12

31

23

18

50.0%

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

120

44

42

66

-45.0%

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

2

2.1

2.6

2.2

12.5%

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

83.3%

41.9%

56.5%

61.1%

-26.7%

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

$728,769

$800,500

$775,333

$772,846

6.0%

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

current market snapshot FEB

$660

MAR

$823,000

APR MAY

MEDIAN SALES PRICE

JUN

$470

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$823 M E 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 2015

telesproperties.com


Woodland Hills DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$665,000

$699,000

$720,000

$695,000

4.5%

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

$302

$311

$324

$309

2.3%

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

35

61

41

42

20.0%

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

58

65

60

78

34.5%

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

131

197

181

128

-2.3%

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

80

74

70

80

0.0%

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

3.7

3.2

4.4

3

-18.6%

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

44.3%

33.0%

33.1%

60.9%

37.6%

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

$640,385

$706,833

$705,000

$691,154

7.9%

*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

$665

MAR

$695,000

APR MAY

MEDIAN SALES PRICE

JUN

$309

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$695 M E 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 2015

telesproperties.com


San Gabriel Valley Macro Market DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$919,182

$940,273

$1,051,182

$951,818

3.6%

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

$484

$520

$499

$517

7.0%

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

200

332

215

172

-14.0%

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

259

320

255

265

2.3%

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

443

728

680

680

53.5%

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

60

44

50

55

-7.6%

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

2.2

2.2

3.2

4

78.5%

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

58.5%

44.0%

37.5%

39.0%

-33.3%

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

$858,245

$984,591

$966,576

$968,636

12.9%

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

current market snapshot FEB

$919

MAR

$951,818

APR MAY

MEDIAN SALES PRICE

JUN

$517

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$951 M E 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 2015

telesproperties.com


Altadena DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$540,000

$625,000

$610,000

$649,000

20.2%

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

$342

$389

$395

$369

7.9%

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

18

36

24

15

-16.7%

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

33

37

28

31

-6.1%

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

40

71

74

60

50.0%

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

50

47

59

93

86.0%

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

2.2

2

3.1

4

80.0%

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

82.5%

52.1%

37.8%

51.7%

-37.4%

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

$563,231

$621,167

$614,000

$604,000

7.2%

*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

$540

MAR

$649,000

APR MAY

MEDIAN SALES PRICE

JUN

$369

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

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

Micro Market Report : February 2015

telesproperties.com


Arcadia DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,580,000

$1,200,000

$1,555,000

$1,298,000

-17.8%

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

$567

$627

$610

$563

-0.7%

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

37

41

20

19

-48.6%

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

41

41

38

33

-19.5%

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

66

173

169

192

190.9%

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

75

39

50

74

-1.3%

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

1.8

4.2

8.4

10.1

466.5%

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

62.1%

23.7%

22.5%

17.2%

-72.3%

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

$1,278,308

$1,369,667

$1,294,333

$1,376,231

7.7%

*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

$1.580

MAR

$1,298,000

APR MAY

MEDIAN SALES PRICE

JUN

$563

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.298 M E 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 2015

telesproperties.com


Duarte DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$383,000

$425,000

$418,000

$420,000

9.7%

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

$285

$311

$316

$322

13.0%

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

16

21

12

17

6.2%

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

12

14

18

18

50.0%

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

17

26

29

16

-5.9%

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

73

48

40

53

-27.4%

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

1.1

1.2

2.4

0.9

-11.4%

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

70.6%

53.8%

62.1%

112.5%

59.4%

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

$376,846

$442,500

$445,000

$435,385

15.5%

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

current market snapshot FEB

$383

MAR

$420,000

APR MAY

MEDIAN SALES PRICE

JUN

$322

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

0.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$420 M E 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 2015

telesproperties.com


Eagle Rock DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$585,000

$679,000

$690,000

$733,000

25.3%

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

$410

$474

$471

$451

10.0%

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

11

14

26

7

-36.4%

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

9

15

8

15

66.7%

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

31

27

21

24

-22.6%

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

37

36

37

45

21.6%

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

2.8

1.9

0.8

3.4

21.7%

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

29.0%

55.6%

38.1%

62.5%

115.3%

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

$553,154

$688,000

$717,667

$675,000

22.0%

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

current market snapshot FEB

$585

MAR

$733,000

APR MAY

MEDIAN SALES PRICE

JUN

$451

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$733 M E 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 2015

telesproperties.com


La Canada Flintridge DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,190,000

$1,285,000

$1,275,000

$1,455,000

22.3%

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

$601

$546

$533

$602

0.2%

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

16

27

15

15

-6.2%

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

26

25

19

18

-30.8%

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

46

47

33

48

4.3%

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

75

61

68

43

-42.7%

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

2.9

1.7

2.2

3.2

11.3%

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

56.5%

53.2%

57.6%

37.5%

-33.7%

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

$1,260,538

$1,440,500

$1,461,333

$1,373,615

9.0%

*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

$1.190

MAR

$1,455,000

APR MAY

MEDIAN SALES PRICE

JUN

$602

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.455 M E 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 2015

telesproperties.com


Monrovia DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$552,000

$660,000

$569,000

$525,000

-4.9%

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

$372

$390

$356

$381

2.4%

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

15

21

18

15

0.0%

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

19

29

19

22

15.8%

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

40

57

63

64

60.0%

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

87

55

44

55

-36.8%

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

2.7

2.7

3.5

4.3

60.0%

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

47.5%

50.9%

30.2%

34.4%

-27.6%

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

$527,385

$579,667

$564,667

$591,538

12.2%

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

current market snapshot FEB

$552

MAR

$525,000

APR MAY

MEDIAN SALES PRICE

JUN

$381

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 2015

telesproperties.com


Pasadena DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$605,000

$739,000

$720,000

$739,000

22.1%

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

$502

$503

$554

$552

10.0%

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

47

103

57

47

0.0%

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

68

91

74

82

20.6%

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

126

184

180

170

34.9%

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

63

62

63

57

-9.5%

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

2.7

1.8

3.2

3.6

34.9%

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

54.0%

49.5%

41.1%

48.2%

-10.6%

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

$671,692

$744,000

$736,333

$746,154

11.1%

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

current market snapshot FEB

$605

MAR

$739,000

APR MAY

MEDIAN SALES PRICE

JUN

$552

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

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

Micro Market Report : February 2015

telesproperties.com


San Gabriel DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$631,000

$665,000

$625,000

$641,000

1.6%

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

$389

$439

$409

$430

10.5%

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

16

28

25

14

-12.5%

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

22

36

18

21

-4.5%

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

43

79

52

50

16.3%

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

93

48

51

48

-48.4%

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

2.7

2.8

2.1

3.6

32.9%

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

51.2%

45.6%

34.6%

42.0%

-17.9%

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

$599,615

$707,667

$738,000

$692,923

15.6%

*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

$631

MAR

$641,000

APR MAY

MEDIAN SALES PRICE

JUN

$430

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$641 M E 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 2015

telesproperties.com


San Marino DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$2,280,000

$2,128,000

$2,750,000

$2,330,000

2.2%

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

$821

$872

$895

$986

20.1%

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

7

16

5

9

28.6%

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

10

15

9

9

-10.0%

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

8

24

25

23

187.5%

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

40

29

27

59

47.5%

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

1.1

1.5

5

2.6

123.6%

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

125.0%

62.5%

36.0%

39.1%

-68.7%

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

$1,877,308

$2,213,500

$2,080,000

$2,196,615

17.0%

*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

$2.280

MAR

$2,330,000

APR MAY

MEDIAN SALES PRICE

JUN

$986

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.330 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Sierra Madre DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$840,000

$869,000

$998,000

$680,000

-19.0%

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

$457

$500

$381

$506

10.7%

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

6

17

9

7

16.7%

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

9

8

13

7

-22.2%

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

17

17

17

21

23.5%

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

32

38

72

57

78.1%

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

2.8

1

1.9

3

5.9%

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

52.9%

47.1%

76.5%

33.3%

-37.0%

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

$809,462

$869,833

$797,667

$851,462

5.2%

*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 $840

FEB MAR

$680,000

APR MAY

MEDIAN SALES PRICE

JUN

$506

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

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

Micro Market Report : February 2015

telesproperties.com


South Pasadena DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$925,000

$1,068,000

$1,353,000

$1,000,000

8.1%

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

$575

$673

$574

$529

-8.0%

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

11

8

4

7

-36.4%

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

10

9

11

9

-10.0%

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

9

23

17

12

33.3%

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

31

20

36

22

-29.0%

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

0.8

2.9

4.2

1.7

109.5%

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

111.1%

39.1%

64.7%

75.0%

-32.5%

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

$931,615

$1,154,000

$1,183,333

$1,112,077

19.4%

*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

$925

MAR

$1,000,000

APR MAY

MEDIAN SALES PRICE

JUN

$529

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.000 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 2015

telesproperties.com


Orange County

Orange County Macro

Ladera Ranch

San Juan Capistrano

Aliso Viejo

Laguna Beach

Shady Canyon

Balboa Peninsula

Laguna Hills

Turtle Ridge

Corona del Mar - Spyglass

Laguna Niguel

Turtle Rock

Coto de Caza

Laguna Woods

West Bay - Santa Ana Heights

Crystal Cove

Lower Newport Bay - Balboa Island

West Newport - Lido

Dana Point

Mission Viejo

Westminster

East Bluff - Harbor View

Newport Beach

East Costa Mesa

Newport Coast

Fountain Valley

Newport Heights

Huntington Beach

Rancho Santa Margarita

Irvine

San Clemente

Micro Market Report : February 2015

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : February 2015

telesproperties.com


Orange County DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$664,500

$680,000

$679,192

$659,000

-0.8%

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

$411

$410

$407

$415

1.0%

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

1030

1671

1250

1101

6.9%

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

1374

1693

1314

1703

23.9%

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

6,174

7,889

6,376

5,989

-3.0%

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

68

60

70

59

-13.2%

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

6

4.7

5.1

5.4

-9.3%

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

22.3%

21.5%

20.6%

28.4%

27.8%

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

$635,000

$669,199

$658,667

$670,819

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

$664

MAR

$659,000

APR MAY

MEDIAN SALES PRICE

JUN

$415

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$659 M E 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 2015

telesproperties.com


Aliso Viejo DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$740,000

$800,000

$705,000

$710,000

-4.1%

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

$348

$328

$346

$340

-2.3%

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

9

21

15

17

88.9%

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

18

19

16

17

-5.6%

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

72

83

63

56

-22.2%

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

77

70

101

75

-2.6%

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

8

4

4.2

3.3

-58.8%

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

25.0%

22.9%

25.4%

30.4%

21.4%

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

$689,000

$698,417

$687,667

$715,346

3.8%

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

current market snapshot FEB

$740

MAR

$710,000

APR MAY

MEDIAN SALES PRICE

JUN

$340

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$710 M E 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 2015

telesproperties.com


Balboa Peninsula DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$3,304,000

$2,117,500

$2,010,000

$2,800,000

-15.3%

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

$1,217

$1,211

$1,776

$1,256

3.2%

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

2

12

7

5

150.0%

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

7

5

1

2

-71.4%

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

38

36

35

29

-23.7%

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

109

66

31

221

102.8%

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

19

3

5

5.8

-69.5%

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

18.4%

13.9%

2.9%

6.9%

-62.6%

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

$2,581,000

$2,803,333

$2,328,333

$2,817,808

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

$3.304

MAR

$2,800,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,256

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.8 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 2015

telesproperties.com


Corona del Mar - Spyglass DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$2,500,000

$2,200,000

$2,410,000

$1,718,294

-31.3%

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

$1,010

$948

$1,211

$857

-15.1%

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

11

16

9

10

-9.1%

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

12

16

11

9

-25.0%

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

58

82

78

71

22.4%

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

62

61

54

87

40.3%

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

5.3

5.1

8.7

7.1

34.7%

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

20.7%

19.5%

14.1%

12.7%

-38.7%

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

$2,389,000

$2,035,132

$2,060,265

$2,202,869

-7.8%

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

current market snapshot $2.500

FEB MAR

$1,718,294

APR MAY

MEDIAN SALES PRICE

JUN

$857

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.718 M E 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 2015

telesproperties.com


Coto de Caza DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,210,000

$1,125,000

$1,555,000

$999,000

-17.4%

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

$355

$345

$348

$340

-4.2%

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

11

21

11

9

-18.2%

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

17

17

18

25

47.1%

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

120

141

118

113

-5.8%

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

69

111

83

52

-24.6%

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

10.9

6.7

10.7

12.6

15.1%

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

14.2%

12.1%

15.3%

22.1%

56.2%

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

$1,063,000

$1,226,250

$1,225,000

$1,195,769

12.5%

*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 $1.210

FEB MAR

$999,000

APR MAY

MEDIAN SALES PRICE

JUN

$340

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

12.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$999 M E 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 2015

telesproperties.com


Crystal Cove DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$4,160,000

$3,500,000

$5,000,000

$0

-100.0%

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

$1,202

$1,032

$1,070

$0

-100.0%

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

3

1

3

0

-100.0%

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

4

2

2

0

-100.0%

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

18

24

19

21

16.7%

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

146

94

128

0

-100.0%

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

6

24

6.3

0

0%

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

22.2%

8.3%

10.5%

0.0%

-100.0%

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

$4,495,000

$6,049,875

$4,450,000

$5,042,136

12.2%

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

current market snapshot FEB

$4.160

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 2015

telesproperties.com


Dana Point DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$914,500

$922,500

$969,000

$1,159,500

26.8%

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

$708

$512

$596

$766

8.2%

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

25

29

22

18

-28.0%

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

27

43

34

29

7.4%

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

142

205

163

157

10.6%

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

86

84

85

84

-2.3%

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

5.7

7.1

7.4

8.7

53.6%

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

19.0%

21.0%

20.9%

18.5%

-2.9%

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

$891,000

$991,240

$1,054,479

$939,138

5.4%

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

current market snapshot FEB

$914

MAR

$1,159,500

APR MAY

MEDIAN SALES PRICE

JUN

$766

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.159 M E 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 2015

telesproperties.com


East Bluff - Harbor View DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$1,675,000

$1,862,000

$1,562,500

$1,650,000

-1.5%

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

$631

$652

$689

$572

-9.4%

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

18

18

16

11

-38.9%

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

10

22

18

24

140.0%

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

77

120

98

91

18.2%

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

35

79

87

81

131.4%

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

4.3

6.7

6.1

8.3

93.4%

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

13.0%

18.3%

18.4%

26.4%

103.1%

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

$1,651,000

$1,688,917

$1,753,000

$1,719,923

4.2%

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

current market snapshot FEB

$1.675

MAR

$1,650,000

APR MAY

MEDIAN SALES PRICE

JUN

$572

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.3 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 2015

telesproperties.com


East Costa Mesa DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$737,000

$950,000

$850,000

$1,010,980

37.2%

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

$499

$564

$470

$470

-5.8%

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

12

17

19

16

33.3%

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

21

18

17

15

-28.6%

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

71

80

66

53

-25.4%

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

50

56

86

51

2.0%

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

5.9

4.7

3.5

3.3

-44.0%

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

29.6%

22.5%

25.8%

28.3%

-4.3%

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

$836,000

$920,163

$1,018,660

$897,898

7.4%

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

current market snapshot FEB

$737

MAR

$1,010,980

APR MAY

MEDIAN SALES PRICE

JUN

$470

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.010 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Fountain Valley DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$647,000

$702,500

$679,000

$680,000

5.1%

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

$338

$341

$353

$358

5.9%

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

20

30

15

19

-5.0%

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

32

28

17

26

-18.8%

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

78

82

56

60

-23.1%

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

28

44

49

58

107.1%

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

3.9

2.7

3.7

3.2

-19.0%

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

41.0%

34.1%

30.4%

43.3%

5.6%

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

$641,000

$676,833

$676,167

$676,000

5.5%

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

current market snapshot FEB

$647

MAR

$680,000

APR MAY

MEDIAN SALES PRICE

JUN

$358

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

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

Micro Market Report : February 2015

telesproperties.com


Huntington Beach DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

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

$774,500

$720,000

$714,500

$800,000

3.3%

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

$420

$419

$414

$439

4.5%

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

56

131

84

75

33.9%

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

100

122

76

92

-8.0%

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

346

463

334

312

-9.8%

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

49

61

66

48

-2.0%

Month’s Supply of Inventory ................................

6.2

3.5

4

4.2

-32.7%

Percent Under Contract ........................................

28.9%

26.3%

22.8%

29.5%

2.0%

Average Median Price for Last 12 Months ........

$712,000

$769,917

$788,333

$755,912

6.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$774

MAR

$800,000

APR MAY

MEDIAN SALES PRICE

JUN

$439

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.2 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 2015

telesproperties.com


Irvine DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$940,000

$895,000

$970,000

$935,000

-0.5%

Average Price per Square Foot ...........................

$476

$461

$433

$477

0.2%

Properties Sold .......................................................

53

99

77

63

18.9%

Properties Pending Sale .......................................

82

95

72

102

24.4%

Properties For Sale ................................................

307

489

350

321

4.6%

Days on Market (Pending Sale) ...........................

52

59

81

50

-3.8%

Month’s Supply of Inventory ................................

5.8

4.9

4.5

5.1

-12.0%

Percent Under Contract ........................................

26.7%

19.4%

20.6%

31.8%

19.0%

Average Median Price for Last 12 Months ........

$890,000

$937,695

$926,898

$922,513

3.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$940

MAR

$935,000

APR MAY

MEDIAN SALES PRICE

JUN

$477

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 2015

telesproperties.com


Ladera Ranch DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$860,000

$860,000

$739,150

$735,000

-14.5%

Average Price per Square Foot ...........................

$339

$344

$326

$334

-1.5%

Properties Sold .......................................................

16

28

15

21

31.2%

Properties Pending Sale .......................................

22

28

27

32

45.5%

Properties For Sale ................................................

95

157

118

115

21.1%

Days on Market (Pending Sale) ...........................

54

61

107

69

27.8%

Month’s Supply of Inventory ................................

5.9

5.6

7.9

5.5

-7.8%

Percent Under Contract ........................................

23.2%

17.8%

22.9%

27.8%

20.2%

Average Median Price for Last 12 Months ........

$844,000

$820,608

$755,167

$831,159

-1.5%

*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

$860

MAR

$735,000

APR MAY

MEDIAN SALES PRICE

JUN

$334

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$735 M E 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 2015

telesproperties.com


Laguna Beach DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$2,547,500

$2,125,000

$1,600,000

$1,850,000

-27.4%

Average Price per Square Foot ...........................

$1,064

$970

$908

$856

-19.5%

Properties Sold .......................................................

20

29

31

21

5.0%

Properties Pending Sale .......................................

28

37

32

38

35.7%

Properties For Sale ................................................

235

285

225

223

-5.1%

Days on Market (Pending Sale) ...........................

87

106

118

84

-3.4%

Month’s Supply of Inventory ................................

11.8

9.8

7.3

10.6

-9.6%

Percent Under Contract ........................................

11.9%

13.0%

14.2%

17.0%

43.0%

Average Median Price for Last 12 Months ........

$1,717,000

$1,834,500

$1,862,333

$1,969,538

14.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $2.547

FEB MAR

$1,850,000

APR MAY

MEDIAN SALES PRICE

JUN

$856

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

10.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Laguna Niguel DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$777,500

$790,000

$831,000

$840,000

8.0%

Average Price per Square Foot ...........................

$378

$395

$364

$386

2.1%

Properties Sold .......................................................

38

59

48

40

5.3%

Properties Pending Sale .......................................

60

69

52

58

-3.3%

Properties For Sale ................................................

232

363

277

242

4.3%

Days on Market (Pending Sale) ...........................

55

73

82

79

43.6%

Month’s Supply of Inventory ................................

6.1

6.2

5.8

6

-0.9%

Percent Under Contract ........................................

25.9%

19.0%

18.8%

24.0%

-7.3%

Average Median Price for Last 12 Months ........

$774,000

$816,167

$818,333

$806,765

4.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$777

MAR

$840,000

APR MAY

MEDIAN SALES PRICE

JUN

$386

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6 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 2015

telesproperties.com


Laguna Hills DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$785,000

$980,000

$780,750

$615,000

-21.7%

Average Price per Square Foot ...........................

$348

$367

$328

$356

2.3%

Properties Sold .......................................................

13

21

13

13

0.0%

Properties Pending Sale .......................................

17

21

23

22

29.4%

Properties For Sale ................................................

80

118

92

75

-6.2%

Days on Market (Pending Sale) ...........................

56

48

74

58

3.6%

Month’s Supply of Inventory ................................

6.2

5.6

7.1

5.8

-6.3%

Percent Under Contract ........................................

21.2%

17.8%

25.0%

29.3%

38.0%

Average Median Price for Last 12 Months ........

$710,000

$721,375

$710,000

$736,012

3.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $785

FEB MAR

$615,000

APR MAY

MEDIAN SALES PRICE

JUN

$356

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$615 M E 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 2015

telesproperties.com


Laguna Woods DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$0

$0

$0

$0

0%

Average Price per Square Foot ...........................

$0

$0

$0

$0

0%

Properties Sold .......................................................

0

0

0

0

0%

Properties Pending Sale .......................................

0

0

0

0

0%

Properties For Sale ................................................

0

0

0

0

0%

Days on Market (Pending Sale) ...........................

0

0

0

0

0%

Month’s Supply of Inventory ................................

0

0

0

0

0%

Percent Under Contract ........................................

0%

0%

0%

0%

0%

Average Median Price for Last 12 Months ........

$600,000

$0

$0

$772,000

28.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot 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 2015

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$2,762,500

$4,950,000

$2,312,500

$2,595,000

-6.1%

Average Price per Square Foot ...........................

$1,563

$1,189

$997

$954

-39.0%

Properties Sold .......................................................

4

7

2

1

-75.0%

Properties Pending Sale .......................................

2

13

0

5

150.0%

Properties For Sale ................................................

41

49

36

32

-22.0%

Days on Market (Pending Sale) ...........................

74

193

0

88

18.9%

Month’s Supply of Inventory ................................

10.2

7

18

32

212.2%

Percent Under Contract ........................................

4.9%

26.5%

0.0%

15.6%

220.3%

Average Median Price for Last 12 Months ........

$2,511,000

$2,951,250

$3,056,667

$3,238,277

29.0%

*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

$2.762

MAR

$2,595,000

APR MAY

MEDIAN SALES PRICE

JUN

$954

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

32 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.595 M E 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 2015

telesproperties.com


Mission Viejo DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$629,000

$635,000

$600,000

$667,500

6.1%

Average Price per Square Foot ...........................

$319

$332

$330

$325

1.9%

Properties Sold .......................................................

53

81

58

50

-5.7%

Properties Pending Sale .......................................

64

77

74

89

39.1%

Properties For Sale ................................................

237

329

284

257

8.4%

Days on Market (Pending Sale) ...........................

52

60

63

53

1.9%

Month’s Supply of Inventory ................................

4.5

4.1

4.9

5.1

14.9%

Percent Under Contract ........................................

27.0%

23.4%

26.1%

34.6%

28.2%

Average Median Price for Last 12 Months ........

$612,000

$636,983

$649,000

$636,723

4.0%

*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

$629

MAR

$667,500

APR MAY

MEDIAN SALES PRICE

JUN

$325

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$667 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Newport Beach DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$1,650,000

$1,825,000

$1,595,000

$1,750,312

6.1%

Average Price per Square Foot ...........................

$765

$891

$845

$903

18.0%

Properties Sold .......................................................

37

61

43

36

-2.7%

Properties Pending Sale .......................................

37

64

46

60

62.2%

Properties For Sale ................................................

268

361

311

290

8.2%

Days on Market (Pending Sale) ...........................

65

96

89

104

60.0%

Month’s Supply of Inventory ................................

7.2

5.9

7.2

8.1

11.2%

Percent Under Contract ........................................

13.8%

17.7%

14.8%

20.7%

49.9%

Average Median Price for Last 12 Months ........

$1,710,000

$1,815,719

$1,764,771

$1,806,601

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

$1.650

MAR

$1,750,312

APR MAY

MEDIAN SALES PRICE

JUN

$903

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.750 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 2015

telesproperties.com


Newport Coast DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$2,650,000

$2,450,000

$4,191,925

$3,125,000

17.9%

Average Price per Square Foot ...........................

$960

$887

$1,006

$934

-2.7%

Properties Sold .......................................................

7

13

9

9

28.6%

Properties Pending Sale .......................................

11

9

4

14

27.3%

Properties For Sale ................................................

76

93

80

80

5.3%

Days on Market (Pending Sale) ...........................

113

119

376

78

-31.0%

Month’s Supply of Inventory ................................

10.9

7.2

8.9

8.9

-18.1%

Percent Under Contract ........................................

14.5%

9.7%

5.0%

17.5%

20.9%

Average Median Price for Last 12 Months ........

$2,924,000

$3,484,471

$3,275,000

$3,208,544

9.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$2.650

MAR

$3,125,000

APR MAY

MEDIAN SALES PRICE

JUN

$934

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$3.125 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

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Newport Heights DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$1,300,000

$1,529,000

$1,237,500

$1,300,000

0.0%

Average Price per Square Foot ...........................

$582

$1,045

$608

$574

-1.4%

Properties Sold .......................................................

3

2

4

1

-66.7%

Properties Pending Sale .......................................

3

6

6

8

166.7%

Properties For Sale ................................................

32

40

32

31

-3.1%

Days on Market (Pending Sale) ...........................

84

56

73

86

2.4%

Month’s Supply of Inventory ................................

10.7

20

8

31

190.6%

Percent Under Contract ........................................

9.4%

15.0%

18.8%

25.8%

175.3%

Average Median Price for Last 12 Months ........

$1,568,000

$1,678,356

$1,367,333

$1,769,227

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

$1.300

MAR

$1,300,000

APR MAY

MEDIAN SALES PRICE

JUN

$574

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

31 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 2015

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Rancho Santa Margarita DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$700,000

$650,000

$623,950

$625,000

-10.7%

Average Price per Square Foot ...........................

$311

$311

$314

$325

4.5%

Properties Sold .......................................................

35

43

32

27

-22.9%

Properties Pending Sale .......................................

45

47

37

51

13.3%

Properties For Sale ................................................

121

197

159

143

18.2%

Days on Market (Pending Sale) ...........................

52

64

87

56

7.7%

Month’s Supply of Inventory ................................

3.5

4.6

5

5.3

53.2%

Percent Under Contract ........................................

37.2%

23.9%

23.3%

35.7%

-4.1%

Average Median Price for Last 12 Months ........

$634,000

$648,575

$652,500

$651,680

2.8%

*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

$700

MAR

$625,000

APR MAY

MEDIAN SALES PRICE

JUN

$325

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$625 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

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San Clemente DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$800,000

$845,000

$900,000

$812,000

1.5%

Average Price per Square Foot ...........................

$415

$371

$375

$389

-6.3%

Properties Sold .......................................................

49

58

51

45

-8.2%

Properties Pending Sale .......................................

42

69

51

60

42.9%

Properties For Sale ................................................

247

368

268

249

0.8%

Days on Market (Pending Sale) ...........................

62

69

96

51

-17.7%

Month’s Supply of Inventory ................................

5

6.3

5.3

5.5

9.8%

Percent Under Contract ........................................

17.0%

18.8%

19.0%

24.1%

41.7%

Average Median Price for Last 12 Months ........

$806,000

$837,083

$816,500

$831,000

3.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$800

MAR

$812,000

APR MAY

MEDIAN SALES PRICE

JUN

$389

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$812 M E 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 2015

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San Juan Capistrano DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$1,610,000

$635,000

$960,000

$640,000

-60.2%

Average Price per Square Foot ...........................

$391

$344

$338

$329

-15.9%

Properties Sold .......................................................

16

35

17

17

6.2%

Properties Pending Sale .......................................

28

19

17

27

-3.6%

Properties For Sale ................................................

127

165

132

136

7.1%

Days on Market (Pending Sale) ...........................

84

69

79

71

-15.5%

Month’s Supply of Inventory ................................

7.9

4.7

7.8

8

0.8%

Percent Under Contract ........................................

22.0%

11.5%

12.9%

19.9%

-10.0%

Average Median Price for Last 12 Months ........

$834,000

$775,398

$714,333

$816,722

-2.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.610

FEB MAR

$640,000

APR MAY

MEDIAN SALES PRICE

JUN

$329

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$640 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Shady Canyon DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$0

$0

$0

$5,800,000

0%

Average Price per Square Foot ...........................

$0

$0

$0

$753

0%

Properties Sold .......................................................

0

0

0

1

0%

Properties Pending Sale .......................................

2

0

0

1

-50.0%

Properties For Sale ................................................

8

4

2

2

-75.0%

Days on Market (Pending Sale) ...........................

208

0

0

679

226.4%

Month’s Supply of Inventory ................................

0

0

0

2

0%

Percent Under Contract ........................................

25.0%

0.0%

0.0%

50.0%

100.0%

Average Median Price for Last 12 Months ........

$5,545,000

$4,725,000

$5,800,000

$4,593,800

-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 MAR

$5,800,000

APR MAY

MEDIAN SALES PRICE

JUN

$753

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$5.800 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 2015

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Turtle Ridge DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$2,800,000

$2,650,000

$2,031,944

$1,754,500

-37.3%

Average Price per Square Foot ...........................

$692

$711

$659

$643

-7.1%

Properties Sold .......................................................

1

7

4

2

100.0%

Properties Pending Sale .......................................

5

3

6

2

-60.0%

Properties For Sale ................................................

27

31

30

19

-29.6%

Days on Market (Pending Sale) ...........................

104

62

79

32

-69.2%

Month’s Supply of Inventory ................................

27

4.4

7.5

9.5

-64.8%

Percent Under Contract ........................................

18.5%

9.7%

20.0%

10.5%

-43.2%

Average Median Price for Last 12 Months ........

$2,306,000

$2,163,491

$2,074,000

$2,376,873

3.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $2.800

FEB MAR

$1,754,500

APR MAY

MEDIAN SALES PRICE

JUN

$643

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.754 M E 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 2015

telesproperties.com


Turtle Rock DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$0

$0

$970,000

$1,708,750

0%

Average Price per Square Foot ...........................

$0

$0

$606

$479

0%

Properties Sold .......................................................

0

0

1

2

0%

Properties Pending Sale .......................................

2

0

0

3

50.0%

Properties For Sale ................................................

5

5

7

8

60.0%

Days on Market (Pending Sale) ...........................

144

0

0

22

-84.7%

Month’s Supply of Inventory ................................

0

0

7

4

0%

Percent Under Contract ........................................

40.0%

0.0%

0.0%

37.5%

-6.2%

Average Median Price for Last 12 Months ........

$1,576,000

$1,308,438

$1,531,875

$1,324,750

-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 MAR

$1,708,750

APR MAY

MEDIAN SALES PRICE

JUN

$479

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.708 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Westminster DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$539,500

$545,000

$562,000

$530,000

-1.8%

Average Price per Square Foot ...........................

$322

$347

$344

$378

17.4%

Properties Sold .......................................................

24

37

29

19

-20.8%

Properties Pending Sale .......................................

35

32

26

36

2.9%

Properties For Sale ................................................

108

121

91

107

-0.9%

Days on Market (Pending Sale) ...........................

35

50

55

32

-8.6%

Month’s Supply of Inventory ................................

4.5

3.3

3.1

5.6

25.1%

Percent Under Contract ........................................

32.4%

26.4%

28.6%

33.6%

3.8%

Average Median Price for Last 12 Months ........

$499,000

$538,400

$533,967

$533,526

6.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$539

MAR

$530,000

APR MAY

MEDIAN SALES PRICE

JUN

$378

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$530 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


West Bay - Santa Ana Heights DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$1,338,500

$1,283,750

$1,375,000

$1,630,000

21.8%

Average Price per Square Foot ...........................

$596

$549

$564

$948

59.1%

Properties Sold .......................................................

6

12

10

7

16.7%

Properties Pending Sale .......................................

9

7

12

13

44.4%

Properties For Sale ................................................

41

60

60

57

39.0%

Days on Market (Pending Sale) ...........................

68

80

104

129

89.7%

Month’s Supply of Inventory ................................

6.8

5

6

8.1

19.2%

Percent Under Contract ........................................

22.0%

11.7%

20.0%

22.8%

3.9%

Average Median Price for Last 12 Months ........

$1,429,000

$1,534,966

$1,522,599

$1,487,465

4.1%

*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

$1.338

MAR

$1,630,000

APR MAY

MEDIAN SALES PRICE

JUN

$948

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.630 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


West Newport - Lido DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$1,525,000

$2,222,500

$1,976,000

$1,940,000

27.2%

Average Price per Square Foot ...........................

$836

$1,166

$832

$1,183

41.5%

Properties Sold .......................................................

4

10

4

11

175.0%

Properties Pending Sale .......................................

6

10

7

8

33.3%

Properties For Sale ................................................

39

53

48

49

25.6%

Days on Market (Pending Sale) ...........................

47

68

80

132

180.9%

Month’s Supply of Inventory ................................

9.8

5.3

12

4.5

-54.3%

Percent Under Contract ........................................

15.4%

18.9%

14.6%

16.3%

6.1%

Average Median Price for Last 12 Months ........

$1,807,000

$2,138,200

$2,155,000

$2,182,125

20.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.525

MAR

$1,940,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,183

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.940 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 2015

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Santa Barbara County

Carpinteria Goleta Hope Ranch Montecito Santa Barbara East of State Santa Barbara West of State Santa Ynez

Micro Market Report : February 2015

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County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : February 2015

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Carpinteria DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$2,875,000

$1,792,500

$820,000

$895,000

-68.9%

Average Price per Square Foot ...........................

$963

$625

$576

$1,057

9.8%

Properties Sold .......................................................

3

6

9

6

100.0%

Properties Pending Sale .......................................

2

7

4

11

450.0%

Properties For Sale ................................................

38

45

34

44

15.8%

Days on Market (Pending Sale) ...........................

264

157

37

37

-86.0%

Month’s Supply of Inventory ................................

12.7

7.5

3.8

7.3

-42.1%

Percent Under Contract ........................................

5.3%

15.6%

11.8%

25.0%

375.0%

Average Median Price for Last 12 Months ........

$1,107,000

$913,000

$945,500

$1,335,596

20.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $2.875

FEB MAR

$895,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,057

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$895 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Goleta DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$870,000

$820,000

$700,000

$711,300

-18.2%

Average Price per Square Foot ...........................

$560

$445

$417

$0

-100.0%

Properties Sold .......................................................

5

7

7

1

-80.0%

Properties Pending Sale .......................................

8

8

7

16

100.0%

Properties For Sale ................................................

27

30

29

34

25.9%

Days on Market (Pending Sale) ...........................

16

18

58

57

256.2%

Month’s Supply of Inventory ................................

5.4

4.3

4.1

34

529.6%

Percent Under Contract ........................................

29.6%

26.7%

24.1%

47.1%

58.8%

Average Median Price for Last 12 Months ........

$792,000

$743,875

$712,917

$774,019

-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 $870

FEB MAR

$711,300

APR MAY

MEDIAN SALES PRICE

JUN

No sales

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

34 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$711 M E 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 2015

telesproperties.com


Hope Ranch DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$3,750,000

$3,300,000

$1,899,000

$2,605,000

-30.5%

Average Price per Square Foot ...........................

$1,312

$832

$583

$988

-24.7%

Properties Sold .......................................................

1

5

2

5

400.0%

Properties Pending Sale .......................................

3

2

4

7

133.3%

Properties For Sale ................................................

34

37

28

25

-26.5%

Days on Market (Pending Sale) ...........................

16

31

354

64

300.0%

Month’s Supply of Inventory ................................

34

7.4

14

5

-85.3%

Percent Under Contract ........................................

8.8%

5.4%

14.3%

28.0%

217.3%

Average Median Price for Last 12 Months ........

$2,992,000

$2,672,833

$3,076,667

$2,964,250

-0.9%

*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 $3.750

FEB MAR

$2,605,000

APR MAY

MEDIAN SALES PRICE

JUN

$988

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.605 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 2015

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Montecito DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$2,220,000

$3,328,000

$2,675,000

$6,500,000

192.8%

Average Price per Square Foot ...........................

$1,197

$912

$793

$1,435

19.9%

Properties Sold .......................................................

8

23

5

11

37.5%

Properties Pending Sale .......................................

8

18

11

16

100.0%

Properties For Sale ................................................

151

173

143

145

-4.0%

Days on Market (Pending Sale) ...........................

212

127

128

81

-61.8%

Month’s Supply of Inventory ................................

18.9

7.5

28.6

13.2

-30.2%

Percent Under Contract ........................................

5.3%

10.4%

7.7%

11.0%

108.3%

Average Median Price for Last 12 Months ........

$2,434,000

$3,624,885

$4,565,437

$3,247,870

33.4%

*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

$2.220

MAR

$6,500,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,435

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

13.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$6.500 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 2015

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Santa Barbara East of State DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$1,203,000

$1,315,000

$1,018,750

$1,000,000

-16.9%

Average Price per Square Foot ...........................

$536

$684

$675

$641

19.6%

Properties Sold .......................................................

18

28

24

13

-27.8%

Properties Pending Sale .......................................

22

27

24

31

40.9%

Properties For Sale ................................................

99

140

115

111

12.1%

Days on Market (Pending Sale) ...........................

28

61

89

46

64.3%

Month’s Supply of Inventory ................................

5.5

5

4.8

8.5

55.2%

Percent Under Contract ........................................

22.2%

19.3%

20.9%

27.9%

25.7%

Average Median Price for Last 12 Months ........

$1,052,000

$1,171,458

$1,193,333

$1,212,135

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

$1.203

MAR

$1,000,000

APR MAY

MEDIAN SALES PRICE

JUN

$641

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.000 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 2015

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Santa Barbara West of State DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$905,000

$1,338,000

$1,175,000

$1,070,000

18.2%

Average Price per Square Foot ...........................

$565

$723

$572

$1,038

83.7%

Properties Sold .......................................................

13

23

21

16

23.1%

Properties Pending Sale .......................................

18

23

19

24

33.3%

Properties For Sale ................................................

63

74

75

69

9.5%

Days on Market (Pending Sale) ...........................

55

28

59

55

0.0%

Month’s Supply of Inventory ................................

4.8

3.2

3.6

4.3

-11.0%

Percent Under Contract ........................................

28.6%

31.1%

25.3%

34.8%

21.7%

Average Median Price for Last 12 Months ........

$876,000

$1,045,833

$936,667

$1,002,731

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

$905

MAR

$1,070,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,038

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

4.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.070 M E 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 2015

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Santa Ynez DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$785,000

$946,250

$548,750

$500,000

-36.3%

Average Price per Square Foot ...........................

$328

$424

$395

$318

-3.0%

Properties Sold .......................................................

5

14

12

5

0.0%

Properties Pending Sale .......................................

11

8

10

11

0.0%

Properties For Sale ................................................

106

124

104

93

-12.3%

Days on Market (Pending Sale) ...........................

223

331

81

200

-10.3%

Month’s Supply of Inventory ................................

21.2

8.9

8.7

18.6

-12.3%

Percent Under Contract ........................................

10.4%

6.5%

9.6%

11.8%

14.0%

Average Median Price for Last 12 Months ........

$707,000

$610,042

$659,167

$682,615

-3.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $785

FEB MAR

$500,000

APR MAY

MEDIAN SALES PRICE

JUN

$318

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

18.6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$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 2015

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Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : February 2015

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County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : February 2015

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Carmel DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$1,587,500

$1,260,000

$1,665,000

$1,700,000

7.1%

Average Price per Square Foot ...........................

$807

$733

$952

$1,000

23.9%

Properties Sold .......................................................

22

25

15

15

-31.8%

Properties Pending Sale .......................................

25

13

16

21

-16.0%

Properties For Sale ................................................

149

134

118

142

-4.7%

Days on Market (Pending Sale) ...........................

103

81

94

88

-14.6%

Month’s Supply of Inventory ................................

6.8

5.4

7.9

9.5

39.8%

Percent Under Contract ........................................

16.8%

9.7%

13.6%

14.8%

-11.9%

Average Median Price for Last 12 Months ........

$1,304,000

$1,513,942

$1,379,167

$1,422,973

9.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$1.587

MAR

$1,700,000

APR MAY

MEDIAN SALES PRICE

JUN

$1,000

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

9.5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.700 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 2015

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Carmel Valley DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$1,317,500

$921,000

$721,500

$902,500

-31.5%

Average Price per Square Foot ...........................

$431

$426

$504

$451

4.6%

Properties Sold .......................................................

10

15

6

8

-20.0%

Properties Pending Sale .......................................

8

11

9

11

37.5%

Properties For Sale ................................................

85

97

93

67

-21.2%

Days on Market (Pending Sale) ...........................

64

181

78

117

82.8%

Month’s Supply of Inventory ................................

8.5

6.5

15.5

8.4

-1.5%

Percent Under Contract ........................................

9.4%

11.3%

9.7%

16.4%

74.4%

Average Median Price for Last 12 Months ........

$968,000

$922,250

$985,667

$945,673

-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 $1.317

FEB MAR

$902,500

APR MAY

MEDIAN SALES PRICE

JUN

$451

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

8.4 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$902 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Pacific Grove DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$745,000

$717,500

$840,000

$902,500

21.1%

Average Price per Square Foot ...........................

$451

$553

$610

$648

43.7%

Properties Sold .......................................................

5

12

13

8

60.0%

Properties Pending Sale .......................................

15

13

13

17

13.3%

Properties For Sale ................................................

54

64

58

57

5.6%

Days on Market (Pending Sale) ...........................

82

27

73

57

-30.5%

Month’s Supply of Inventory ................................

10.8

5.3

4.5

7.1

-34.0%

Percent Under Contract ........................................

27.8%

20.3%

22.4%

29.8%

7.4%

Average Median Price for Last 12 Months ........

$702,000

$773,583

$774,167

$742,708

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 FEB

$745

MAR

$902,500

APR MAY

MEDIAN SALES PRICE

JUN

$648

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.1 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$902 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

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Pebble Beach DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$1,354,000

$1,610,000

$1,175,000

$1,862,500

37.6%

Average Price per Square Foot ...........................

$735

$578

$430

$765

4.1%

Properties Sold .......................................................

14

8

5

8

-42.9%

Properties Pending Sale .......................................

9

16

10

11

22.2%

Properties For Sale ................................................

78

98

84

88

12.8%

Days on Market (Pending Sale) ...........................

191

158

80

145

-24.1%

Month’s Supply of Inventory ................................

5.6

12.2

16.8

11

97.4%

Percent Under Contract ........................................

11.5%

16.3%

11.9%

12.5%

8.3%

Average Median Price for Last 12 Months ........

$1,480,000

$1,472,292

$1,600,417

$1,462,135

-1.2%

*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

$1.354

MAR

$1,862,500

APR MAY

MEDIAN SALES PRICE

JUN

$765

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

11 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.862 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

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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 2015

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : February 2015

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Beverly Center - Miracle Mile DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$769,500

$660,000

$670,000

$876,200

13.9%

Average Price per Square Foot ...........................

$605

$487

$490

$594

-1.8%

Properties Sold .......................................................

4

13

7

6

50.0%

Properties Pending Sale .......................................

11

10

7

10

-9.1%

Properties For Sale ................................................

24

34

36

36

50.0%

Days on Market (Pending Sale) ...........................

56

44

73

62

10.7%

Month’s Supply of Inventory ................................

6

2.6

5.1

6

0.0%

Percent Under Contract ........................................

45.8%

29.4%

19.4%

27.8%

-39.4%

Average Median Price for Last 12 Months ........

$627,000

$661,033

$708,733

$655,477

4.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$769

MAR

$876,200

APR MAY

MEDIAN SALES PRICE

JUN

$594

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$876 M E 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 2015

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Beverly Hills DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$1,288,000

$1,259,000

$784,500

$1,058,888

-17.8%

Average Price per Square Foot ...........................

$612

$1,054

$702

$723

18.1%

Properties Sold .......................................................

10

9

6

9

-10.0%

Properties Pending Sale .......................................

8

8

7

18

125.0%

Properties For Sale ................................................

49

56

55

62

26.5%

Days on Market (Pending Sale) ...........................

83

48

89

73

-12.0%

Month’s Supply of Inventory ................................

4.9

6.2

9.2

6.9

40.6%

Percent Under Contract ........................................

16.3%

14.3%

12.7%

29.0%

77.8%

Average Median Price for Last 12 Months ........

$910,000

$1,076,815

$1,034,629

$1,066,414

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

$1.288

MAR

$1,058,888

APR MAY

MEDIAN SALES PRICE

JUN

$723

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

6.9 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$1.058 M E 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 2015

telesproperties.com


Brentwood DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$747,000

$809,500

$835,000

$606,900

-18.8%

Average Price per Square Foot ...........................

$466

$560

$521

$522

12.0%

Properties Sold .......................................................

9

30

14

9

0.0%

Properties Pending Sale .......................................

13

28

15

19

46.2%

Properties For Sale ................................................

66

105

75

66

0.0%

Days on Market (Pending Sale) ...........................

46

37

53

67

45.7%

Month’s Supply of Inventory ................................

7.3

3.5

5.4

7.3

0.0%

Percent Under Contract ........................................

19.7%

26.7%

20.0%

28.8%

46.2%

Average Median Price for Last 12 Months ........

$673,000

$708,983

$612,967

$735,223

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 $747

FEB MAR

$606,900

APR MAY

MEDIAN SALES PRICE

JUN

$522

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

7.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$606 M E 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 2015

telesproperties.com


Culver City DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$392,500

$442,000

$415,000

$382,000

-2.7%

Average Price per Square Foot ...........................

$354

$416

$357

$384

8.5%

Properties Sold .......................................................

10

15

15

9

-10.0%

Properties Pending Sale .......................................

16

19

13

27

68.8%

Properties For Sale ................................................

44

47

47

45

2.3%

Days on Market (Pending Sale) ...........................

41

35

46

37

-9.8%

Month’s Supply of Inventory ................................

4.4

3.1

3.1

5

13.6%

Percent Under Contract ........................................

36.4%

40.4%

27.7%

60.0%

65.0%

Average Median Price for Last 12 Months ........

$370,000

$409,333

$402,000

$411,904

11.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$392

MAR

$382,000

APR MAY

MEDIAN SALES PRICE

JUN

$384

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$382 M E 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 2015

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Encino DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$377,000

$275,000

$287,000

$319,000

-15.4%

Average Price per Square Foot ...........................

$288

$273

$270

$314

9.0%

Properties Sold .......................................................

12

13

10

9

-25.0%

Properties Pending Sale .......................................

17

14

18

22

29.4%

Properties For Sale ................................................

33

46

46

30

-9.1%

Days on Market (Pending Sale) ...........................

57

57

80

64

12.3%

Month’s Supply of Inventory ................................

2.8

3.5

4.6

3.3

21.2%

Percent Under Contract ........................................

51.5%

30.4%

39.1%

73.3%

42.4%

Average Median Price for Last 12 Months ........

$283,923

$309,833

$312,333

$304,615

7.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $377

FEB MAR

$319,000

APR MAY

MEDIAN SALES PRICE

JUN

$314

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

3.3 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$319 M E 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 2015

telesproperties.com


Malibu DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$817,500

$1,100,000

$845,000

$2,050,000

150.8%

Average Price per Square Foot ...........................

$478

$536

$607

$855

78.9%

Properties Sold .......................................................

2

4

4

1

-50.0%

Properties Pending Sale .......................................

2

6

0

2

0.0%

Properties For Sale ................................................

22

33

22

21

-4.5%

Days on Market (Pending Sale) ...........................

32

51

0

14

-56.2%

Month’s Supply of Inventory ................................

11

8.2

5.5

21

90.9%

Percent Under Contract ........................................

9.1%

18.2%

0.0%

9.5%

4.8%

Average Median Price for Last 12 Months ........

$693,000

$1,052,500

$1,118,333

$945,577

36.4%

*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

$817

MAR

$2,050,000

APR MAY

MEDIAN SALES PRICE

JUN

$855

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

21 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$2.050 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 2015

telesproperties.com


Marina Del Rey DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$752,000

$777,500

$749,500

$989,000

31.5%

Average Price per Square Foot ...........................

$466

$517

$530

$744

59.7%

Properties Sold .......................................................

21

26

30

9

-57.1%

Properties Pending Sale .......................................

27

22

20

25

-7.4%

Properties For Sale ................................................

140

110

100

105

-25.0%

Days on Market (Pending Sale) ...........................

56

104

52

90

60.7%

Month’s Supply of Inventory ................................

6.7

4.2

3.3

11.7

75.0%

Percent Under Contract ........................................

19.3%

20.0%

20.0%

23.8%

23.5%

Average Median Price for Last 12 Months ........

$734,000

$812,292

$864,833

$788,327

7.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$752

MAR

$989,000

APR MAY

MEDIAN SALES PRICE

JUN

$744

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

11.7 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$989 M E 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 2015

telesproperties.com


Santa Monica DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$694,800

$1,010,000

$833,500

$698,000

0.5%

Average Price per Square Foot ...........................

$795

$993

$850

$760

-4.4%

Properties Sold .......................................................

23

53

30

20

-13.0%

Properties Pending Sale .......................................

41

51

39

24

-41.5%

Properties For Sale ................................................

124

171

127

103

-16.9%

Days on Market (Pending Sale) ...........................

54

44

42

33

-38.9%

Month’s Supply of Inventory ................................

5.4

3.2

4.2

5.2

-4.5%

Percent Under Contract ........................................

33.1%

29.8%

30.7%

23.3%

-29.5%

Average Median Price for Last 12 Months ........

$722,000

$929,275

$877,250

$902,496

25.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$694

MAR

$698,000

APR MAY

MEDIAN SALES PRICE

JUN

$760

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

5.2 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$698 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : February 2015

telesproperties.com


Sherman Oaks DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$381,000

$390,000

$401,000

$430,000

12.9%

Average Price per Square Foot ...........................

$293

$295

$303

$349

19.1%

Properties Sold .......................................................

12

21

17

19

58.3%

Properties Pending Sale .......................................

18

19

25

33

83.3%

Properties For Sale ................................................

35

49

46

35

0.0%

Days on Market (Pending Sale) ...........................

53

48

87

60

13.2%

Month’s Supply of Inventory ................................

2.9

2.3

2.7

1.8

-36.8%

Percent Under Contract ........................................

51.4%

38.8%

54.3%

94.3%

83.3%

Average Median Price for Last 12 Months ........

$369,462

$405,167

$416,000

$398,923

8.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot FEB

$381

MAR

$430,000

APR MAY

MEDIAN SALES PRICE

JUN

$349

JUL AUG

AVERAGE PRICE PER SQ FT

SEP OCT NOV

1.8 MONTH’S SUPPLY OF INVENTORY

DEC JAN FEB

$430 M E 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 2015

telesproperties.com


Studio City DATA*

Feb 2014

6 month

3 month

Feb 2015

% change

Median Price ..........................................................

$439,000

$530,000

$613,000

$515,000

17.3%

Average Price per Square Foot ...........................

$396

$409

$375

$388

-2.0%

Properties Sold .......................................................

9

13

6

11

22.2%

Properties Pending Sale .......................................

10

9

7

12

20.0%

Properties For Sale ................................................

29

32

32

29

0.0%

Days on Market (Pending Sale) ...........................

47

58

96

49

4.3%

Month’s Supply of Inventory ................................

3.2

2.5

5.3

2.6

-18.2%