West Los Angeles DATA*
Jan 2013
6 month
3 month
Jan 2014
% change
Median Price ..........................................................
$700,000
$900,000
$724,250
$805,000
15.0%
Average Price per Square Foot ...........................
$471
$569
$559
$531
12.7%
Properties Sold .......................................................
9
7
8
4
-55.6%
Properties Pending Sale .......................................
7
6
8
8
14.3%
Properties For Sale ................................................
21
25
26
19
-9.5%
Days on Market (Pending Sale) ...........................
93
43
64
38
-59.1%
Month’s Supply of Inventory ................................
2.3
3.6
3.2
4.8
103.6%
Percent Under Contract ........................................
33.3%
24.0%
30.8%
42.1%
26.3%
Average Median Price for Last 12 Months ........
$631,000
$811,108
$828,500
$779,813
23.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot Jan
$700
Feb
$805,000
Mar Apr
median sales price
May
$531
Jun Jul
AVERAgE PRICE PER SQ FT
Aug Sep Oct
4.8 MONTH’S SUPPLY OF INVENTORY
Nov Dec Jan
$805 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2014
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