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


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Reading the Report

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

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

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

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


Median Price:

Days of market (Pending Sale):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

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

Month’s Supply of Inventory:

low) don’t hold undue influence.

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

Average Price per Square Foot:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

Percent Under Contract:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

Properties Sold:

The number of property transactions

Average Median Price for Last 12:

that closed and transferred ownership.

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

Properties Pending Sale:

The number of properties that entered escrow in preparation for sale. Properties For Sale:

The number of properties on the market and seeking buyers.

ending in the identified month.


Los Angeles County

Los Angeles County Macro

Mid Los Angeles

Redondo Beach

Toluca Lake

Bel Air - Holmby Hills

Mid Wilshire

Rolling Hills

Valley Village

Beverly Center - Miracle Mile

Pacific Palisades

Rolling Hills Estates

Woodland Hills

Beverly Hills

Palms - Mar Vista

San Pedro

San Gabriel Valley Macro

Beverly Hills P.O.

Playa del Rey

Torrance

Altadena

Beverlywood

Playa Vista

San Fernando Macro

Arcadia

Brentwood

Santa Monica

Burbank

Duarte

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Encino

Eagle Rock

Culver City

Venice

Glendale

La Canada Flintridge

Hancock Park - Wilshire

West Hollywood

La Crescenta

Monrovia

Hollywood

West Los Angeles

North Hollywood

Pasadena

Hollywood Hills East

Westchester

Shadow Hills

San Gabriel

Laurel Canyon

Westwood - Century City

Sherman Oaks

San Marino

Los Feliz

South Bay Macro

Studio City

Sierra Madre

Malibu

Manhattan Beach

Sun Valley

South Pasadena

Malibu Beach

Palos Verdes Estates

Sunland - Tujunga

Marina del Rey

Rancho Palos Verdes

Tarzana

Micro Market Report : January 2014

telesproperties.com


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

Micro Market Report : January 2014

telesproperties.com


Los Angeles County DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$625,000

$862,500

$839,500

$823,000

31.7%

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

$463

$578

$590

$556

20.1%

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

519

786

804

499

-3.9%

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

673

878

824

647

-3.9%

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

3,144

3,764

3,892

3,155

0.3%

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

68

43

51

57

-16.2%

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

6.1

4.8

4.8

6.3

4.4%

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

21.4%

23.3%

21.2%

20.5%

-4.2%

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

$617,000

$850,083

$843,833

$808,692

23.7%

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

current market snapshot Jan

$625

Feb

$823,000

Mar Apr

median sales price

May

$556

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

6.3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


Bel-Air Holmby Hills DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,682,500

$2,200,000

$2,414,000

$2,162,500

28.5%

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

$623

$881

$830

$950

52.5%

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

10

15

25

10

0.0%

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

10

18

18

4

-60.0%

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

121

126

133

97

-19.8%

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

112

51

73

310

176.8%

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

12.1

8.4

5.3

9.7

-19.8%

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

8.3%

14.3%

13.5%

4.1%

-50.1%

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

$1,943,000

$2,006,583

$1,979,333

$1,944,195

0.1%

*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 Jan

$1.682

Feb

$2,162,500

Mar Apr

median sales price

May

$950

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

9.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$2.162 M E 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

telesproperties.com


Beverly Center - Miracle Mile DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,242,000

$1,278,000

$1,431,250

$1,300,000

4.7%

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

$553

$633

$647

$536

-3.1%

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

11

19

22

11

0.0%

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

10

26

10

15

50.0%

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

53

64

53

59

11.3%

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

52

31

22

32

-38.5%

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

4.8

3.4

2.4

5.4

11.3%

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

18.9%

40.6%

18.9%

25.4%

34.7%

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

$944,000

$1,310,532

$1,380,833

$1,213,246

22.2%

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

current market snapshot Jan

$1.242

Feb

$1,300,000

Mar Apr

median sales price

May

$536

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.4 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


Beverly Hills DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$6,200,000

$3,700,000

$6,000,000

$5,198,500

-16.2%

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

$1,047

$1,084

$1,298

$1,063

1.5%

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

5

14

13

12

140.0%

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

5

16

20

9

80.0%

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

95

112

117

92

-3.2%

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

110

70

112

42

-61.8%

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

19

8

9

7.7

-59.6%

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

5.3%

14.3%

17.1%

9.8%

85.9%

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

$4,391,000

$5,265,150

$5,405,300

$4,666,108

5.9%

*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 Jan

$6.200

Feb

$5,198,500

Mar Apr

median sales price

May

$1,063

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

7.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$5.198 M E 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

telesproperties.com


Beverly Hills- Post Office DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,713,210

$2,170,178

$2,340,000

$2,150,000

25.5%

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

$542

$750

$831

$772

42.4%

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

9

18

13

11

22.2%

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

8

19

13

15

87.5%

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

98

127

132

116

18.4%

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

85

49

48

64

-24.7%

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

10.9

7.1

10.2

10.5

-3.2%

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

8.2%

15.0%

9.8%

12.9%

58.4%

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

$1,974,000

$2,053,583

$1,963,833

$2,052,107

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 Jan

$1.713

Feb

$2,150,000

Mar Apr

median sales price

May

$772

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

10.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$2.150 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 : January 2014

telesproperties.com


Beverlywood DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$796,500

$960,000

$985,000

$910,000

14.2%

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

$455

$485

$569

$573

25.9%

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

8

11

14

10

25.0%

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

9

16

14

20

122.2%

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

39

52

54

58

48.7%

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

46

22

29

40

-13.0%

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

4.9

4.7

3.9

5.8

19.0%

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

23.1%

30.8%

25.9%

34.5%

49.4%

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

$785,000

$979,417

$1,015,500

$881,985

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 Jan

$796

Feb

$910,000

Mar Apr

median sales price

May

$573

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.8 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$910 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Brentwood DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$2,430,000

$2,700,000

$2,538,000

$2,190,000

-9.9%

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

$739

$876

$848

$949

28.4%

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

9

25

13

11

22.2%

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

21

25

21

13

-38.1%

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

96

112

122

77

-19.8%

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

49

65

73

61

24.5%

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

10.7

4.5

9.4

7

-34.4%

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

21.9%

22.3%

17.2%

16.9%

-22.8%

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

$1,881,000

$2,268,546

$2,225,093

$2,326,252

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 Jan

$2.430

Feb

$2,190,000

Mar Apr

median sales price

May

$949

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$2.190 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,300,000

$1,939,500

$1,577,500

$1,800,000

38.5%

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

$686

$648

$733

$892

30.0%

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

3

6

6

3

0.0%

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

5

8

5

3

-40.0%

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

18

24

16

9

-50.0%

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

17

40

19

33

94.1%

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

6

4

2.7

3

-50.0%

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

27.8%

33.3%

31.2%

33.3%

20.0%

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

$1,303,000

$1,478,792

$1,580,167

$1,430,500

8.9%

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

current market snapshot Jan

$1.300

Feb

$1,800,000

Mar Apr

median sales price

May

$892

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

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

Micro Market Report : January 2014

telesproperties.com


Culver City DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$715,000

$810,000

$830,000

$700,000

-2.1%

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

$482

$488

$585

$532

10.4%

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

9

23

12

9

0.0%

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

13

22

12

11

-15.4%

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

31

66

36

30

-3.2%

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

57

38

35

49

-14.0%

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

3.4

2.9

3

3.3

-3.2%

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

41.9%

33.3%

33.3%

36.7%

-12.6%

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

$649,000

$804,500

$796,917

$788,851

17.7%

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

current market snapshot Jan

$715

Feb

$700,000

Mar Apr

median sales price

May

$532

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


Hancock Park - Wilshire DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,035,000

$1,128,500

$1,427,500

$1,531,250

47.9%

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

$493

$575

$648

$536

8.7%

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

7

24

29

14

100.0%

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

18

18

24

23

27.8%

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

71

97

108

78

9.9%

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

94

35

41

63

-33.0%

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

10.1

4

3.7

5.6

-45.1%

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

25.4%

18.6%

22.2%

29.5%

16.3%

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

$986,000

$1,310,313

$1,385,417

$1,183,625

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 Jan

$1.035

Feb

$1,531,250

Mar Apr

median sales price

May

$536

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.531 M E 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

telesproperties.com


Hollywood DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$527,498

$678,000

$532,500

$0

-100.0%

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

$344

$414

$368

$0

-100.0%

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

2

11

4

0

-100.0%

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

1

4

5

4

300.0%

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

14

16

20

16

14.3%

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

22

15

80

36

63.6%

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

7

1.5

5

0

0%

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

7.1%

25.0%

25.0%

25.0%

250.0%

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

$602,000

$610,800

$553,750

$626,375

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 Jan

$527

Feb

No sales

Mar Apr

median sales price

May

No sales

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

No sales MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan M E 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

telesproperties.com


Hollywood Hills East DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$889,000

$1,077,500

$1,071,250

$1,460,000

64.2%

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

$352

$486

$483

$553

57.1%

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

5

6

18

9

80.0%

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

11

15

17

6

-45.5%

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

50

67

63

51

2.0%

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

80

58

44

36

-55.0%

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

4.5

4.5

3.7

5.7

24.7%

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

22.0%

22.4%

27.0%

11.8%

-46.5%

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

$944,000

$1,165,475

$1,294,000

$1,076,450

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 Jan

$889

Feb

$1,460,000

Mar Apr

median sales price

May

$553

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.460 M E 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

telesproperties.com


Laurel Canyon DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,054,305

$1,265,000

$1,275,000

$1,076,442

2.1%

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

$662

$595

$596

$574

-13.3%

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

7

25

23

20

185.7%

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

15

31

25

31

106.7%

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

105

138

141

144

37.1%

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

61

56

50

56

-8.2%

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

7

4.5

5.6

7.2

2.9%

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

14.3%

22.5%

17.7%

21.5%

50.7%

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

$1,124,000

$1,272,218

$1,239,981

$1,210,316

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 Jan

$1.054

Feb

$1,076,442

Mar Apr

median sales price

May

$574

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

7.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.076 M E 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

telesproperties.com


Los Feliz DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$995,750

$1,193,000

$1,739,000

$972,000

-2.4%

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

$476

$588

$695

$698

46.6%

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

14

26

17

14

0.0%

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

16

20

19

16

0.0%

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

71

74

72

68

-4.2%

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

90

55

32

50

-44.4%

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

4.4

3.7

3.8

4.9

9.5%

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

22.5%

27.0%

26.4%

23.5%

4.4%

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

$977,000

$1,315,333

$1,251,333

$1,215,402

19.6%

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

current market snapshot Jan

$995

Feb

$972,000

Mar Apr

median sales price

May

$698

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4.9 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$972 M E 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

telesproperties.com


Malibu DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,700,000

$1,825,000

$2,348,750

$2,225,000

30.9%

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

$624

$652

$778

$726

16.3%

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

8

17

18

7

-12.5%

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

15

15

15

14

-6.7%

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

164

222

201

171

4.3%

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

164

94

109

143

-12.8%

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

20.5

13.1

11.2

24.4

19.2%

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

9.1%

6.8%

7.5%

8.2%

-10.5%

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

$1,724,000

$2,242,708

$2,477,500

$2,043,250

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 Jan

$1.700

Feb

$2,225,000

Mar Apr

median sales price

May

$726

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

24.4 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

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

Micro Market Report : January 2014

telesproperties.com


Malibu Beach DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$3,175,000

$2,218,750

$14,700,000

$4,716,250

48.5%

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

$1,610

$1,149

$2,746

$1,883

17.0%

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

2

4

1

2

0.0%

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

3

5

2

5

66.7%

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

72

83

78

64

-11.1%

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

63

303

148

260

312.7%

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

36

20.8

78

32

-11.1%

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

4.2%

6.0%

2.6%

7.8%

87.5%

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

$5,499,000

$7,086,521

$4,697,083

$6,009,644

8.5%

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

current market snapshot Jan

$3.175

Feb

$4,716,250

Mar Apr

median sales price

May

$1,883

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

32 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$4.716 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Marina Del Rey DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,735,000

$1,262,500

$1,225,000

$2,050,000

18.2%

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

$515

$620

$729

$591

14.8%

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

3

4

4

1

-66.7%

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

4

4

2

7

75.0%

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

21

21

24

24

14.3%

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

49

29

38

52

6.1%

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

7

5.2

6

24

242.9%

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

19.0%

19.0%

8.3%

29.2%

53.1%

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

$1,306,000

$1,516,000

$1,881,667

$1,597,687

18.3%

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

current market snapshot Jan

$1.735

Feb

$2,050,000

Mar Apr

median sales price

May

$591

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

24 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

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Mid Los Angeles DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$357,500

$655,000

$380,000

$450,000

25.9%

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

$236

$296

$289

$257

8.9%

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

12

10

23

9

-25.0%

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

22

16

20

14

-36.4%

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

59

75

86

57

-3.4%

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

59

36

50

52

-11.9%

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

4.9

7.5

3.7

6.3

28.8%

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

37.3%

21.3%

23.3%

24.6%

-34.1%

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

$317,000

$453,333

$480,000

$444,154

28.6%

*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

$357

Feb

$450,000

Mar Apr

median sales price

May

$257

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

6.3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

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Mid Wilshire DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$443,000

$330,000

$644,500

$545,000

23.0%

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

$399

$154

$330

$387

-3.0%

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

2

1

4

1

-50.0%

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

2

2

3

1

-50.0%

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

9

16

14

9

0.0%

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

112

40

22

4

-96.4%

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

4.5

16

3.5

9

100.0%

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

22.2%

12.5%

21.4%

11.1%

-50.0%

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

$414,000

$570,667

$584,833

$511,313

19.0%

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

current market snapshot Jan

$443

Feb

$545,000

Mar Apr

median sales price

May

$387

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

9 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$545 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Pacific Palisades DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,668,000

$2,026,188

$2,577,302

$2,492,000

49.4%

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

$677

$767

$910

$721

6.5%

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

12

36

24

14

16.7%

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

17

38

25

20

17.6%

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

90

133

129

109

21.1%

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

67

48

58

69

3.0%

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

7.5

3.7

5.4

7.8

3.8%

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

18.9%

28.6%

19.4%

18.3%

-2.9%

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

$1,994,000

$2,454,884

$2,524,000

$2,304,499

13.5%

*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 Jan

$1.668

Feb

$2,492,000

Mar Apr

median sales price

May

$721

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

7.8 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$2.492 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Palms - Mar Vista DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$792,500

$921,000

$992,551

$760,000

-4.1%

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

$589

$588

$593

$571

-3.1%

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

21

29

34

17

-19.0%

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

9

28

35

19

111.1%

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

46

68

84

55

19.6%

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

65

33

35

29

-55.4%

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

2.2

2.3

2.5

3.2

47.7%

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

19.6%

41.2%

41.7%

34.5%

76.6%

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

$765,000

$970,425

$977,000

$913,060

16.2%

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

current market snapshot Jan

$792

Feb

$760,000

Mar Apr

median sales price

May

$571

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$760 M E 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

telesproperties.com


Playa Del Rey DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$857,500

$1,340,000

$1,300,000

$1,082,710

26.3%

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

$384

$495

$405

$611

59.1%

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

4

4

3

3

-25.0%

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

2

2

6

4

100.0%

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

11

20

16

13

18.2%

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

72

26

87

66

-8.3%

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

2.8

5

5.3

4.3

57.6%

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

18.2%

10.0%

37.5%

30.8%

69.2%

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

$963,000

$1,177,202

$1,044,570

$1,178,362

18.3%

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

current market snapshot Jan

$857

Feb

$1,082,710

Mar Apr

median sales price

May

$611

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4.3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.082 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Playa Vista DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$0

$1,499,000

$0

$0

0%

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

$0

$433

$0

$0

0%

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

0

1

0

0

0%

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

1

4

0

0

-100.0%

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

3

10

6

7

133.3%

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

12

27

0

0

-100.0%

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

0

10

0

0

0%

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

33.3%

40.0%

0.0%

0.0%

-100.0%

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

$1,097,000

$1,340,833

$1,460,000

$1,354,300

19.0%

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

current market snapshot Jan Feb

No sales

Mar Apr

median sales price

May

No sales

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

No sales MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan M E 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

telesproperties.com


Santa Monica DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$2,300,000

$2,683,000

$1,765,000

$1,488,000

-35.3%

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

$710

$1,224

$960

$1,043

46.9%

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

13

26

19

7

-46.2%

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

19

23

22

15

-21.1%

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

73

86

89

66

-9.6%

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

44

33

40

62

40.9%

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

5.6

3.3

4.7

9.4

67.9%

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

26.0%

26.7%

24.7%

22.7%

-12.7%

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

$1,884,000

$1,800,708

$1,694,583

$1,931,952

2.5%

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

current market snapshot $2.300

Jan Feb

$1,488,000

Mar Apr

median sales price

May

$1,043

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

9.4 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.488 M E 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

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,860,000

$1,500,000

$1,323,500

$1,220,000

-34.4%

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

$710

$622

$715

$639

-10.0%

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

19

30

34

24

26.3%

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

30

36

37

36

20.0%

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

204

268

277

237

16.2%

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

84

67

56

70

-16.7%

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

10.7

8.9

8.1

9.9

-8.0%

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

14.7%

13.4%

13.4%

15.2%

3.3%

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

$1,393,000

$1,413,167

$1,425,500

$1,488,117

6.4%

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

current market snapshot $1.860

Jan Feb

$1,220,000

Mar Apr

median sales price

May

$639

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

9.9 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.220 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Venice DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,257,000

$1,250,000

$1,375,000

$1,270,000

1.0%

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

$761

$775

$866

$972

27.7%

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

13

19

18

14

7.7%

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

13

16

24

8

-38.5%

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

50

71

70

51

2.0%

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

44

28

42

42

-4.5%

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

3.8

3.7

3.9

3.6

-5.3%

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

26.0%

22.5%

34.3%

15.7%

-39.7%

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

$1,142,000

$1,361,250

$1,345,833

$1,349,231

18.1%

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

current market snapshot Jan

$1.257

Feb

$1,270,000

Mar Apr

median sales price

May

$972

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.270 M E 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

telesproperties.com


West Hollywood DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$682,500

$950,750

$1,325,000

$1,077,884

57.9%

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

$702

$647

$622

$618

-12.0%

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

2

12

13

17

750.0%

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

7

8

12

8

14.3%

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

41

45

57

42

2.4%

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

22

41

48

73

231.8%

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

20.5

3.8

4.4

2.5

-87.9%

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

17.1%

17.8%

21.1%

19.0%

11.6%

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

$1,055,000

$1,173,356

$1,129,711

$1,116,168

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 Jan

$682

Feb

$1,077,884

Mar Apr

median sales price

May

$618

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.077 M E 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

telesproperties.com


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

telesproperties.com


Westchester DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$660,000

$767,000

$752,500

$1,060,000

60.6%

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

$415

$465

$451

$479

15.4%

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

11

23

24

7

-36.4%

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

12

24

28

12

0.0%

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

40

60

56

32

-20.0%

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

27

26

29

25

-7.4%

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

3.6

2.6

2.3

4.6

25.7%

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

30.0%

40.0%

50.0%

37.5%

25.0%

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

$632,000

$825,833

$865,000

$781,154

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

$660

Feb

$1,060,000

Mar Apr

median sales price

May

$479

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

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

Micro Market Report : January 2014

telesproperties.com


South Bay Macro Market DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,059,167

$1,281,944

$1,097,111

$1,451,389

37.0%

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

$457

$490

$499

$478

4.6%

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

124

252

166

128

3.2%

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

180

226

172

147

-18.3%

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

480

718

663

520

8.3%

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

60

35

49

41

-31.2%

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

3.9

2.8

4

4.1

4.9%

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

37.5%

31.5%

25.9%

28.3%

-24.6%

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

$1,223,875

$1,192,669

$1,178,356

$1,329,022

8.6%

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

current market snapshot Jan

$1.304

Feb

$1,451,389

Mar Apr

median sales price

May

$478

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4.1 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

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

Micro Market Report : January 2014

telesproperties.com


Manhattan Beach DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,493,000

$1,575,000

$1,585,000

$2,217,500

48.5%

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

$994

$825

$843

$703

-29.3%

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

17

35

25

10

-41.2%

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

23

28

20

23

0.0%

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

62

93

75

58

-6.5%

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

69

35

57

60

-13.0%

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

3.6

2.7

3

5.8

59.0%

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

37.1%

30.1%

26.7%

39.7%

6.9%

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

$1,521,000

$1,833,167

$1,919,667

$1,762,254

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 Jan

$1.493

Feb

$2,217,500

Mar Apr

median sales price

May

$703

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.8 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$2.217 M E 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

telesproperties.com


Palos Verdes Estates DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,015,000

$1,335,000

$1,464,000

$1,775,500

74.9%

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

$567

$642

$582

$647

14.1%

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

7

24

12

10

42.9%

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

17

16

16

9

-47.1%

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

43

69

68

45

4.7%

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

121

64

110

36

-70.2%

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

6.1

2.9

5.7

4.5

-26.7%

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

39.5%

23.2%

23.5%

20.0%

-49.4%

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

$1,461,000

$1,589,500

$1,624,333

$1,600,346

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 Jan

$1.015

Feb

$1,775,500

Mar Apr

median sales price

May

$647

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.775 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Rancho Palos Verdes DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$950,000

$1,200,000

$1,028,000

$1,100,000

15.8%

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

$441

$440

$471

$528

19.7%

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

33

37

26

25

-24.2%

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

38

43

26

19

-50.0%

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

101

135

117

92

-8.9%

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

110

35

81

64

-41.8%

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

3.1

3.6

4.5

3.7

20.2%

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

37.6%

31.9%

22.2%

20.7%

-45.1%

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

$947,000

$1,137,167

$1,165,000

$1,102,361

16.4%

*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 Jan

$950

Feb

$1,100,000

Mar Apr

median sales price

May

$528

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.100 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Redondo Beach DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$755,000

$882,000

$847,000

$802,000

6.2%

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

$426

$535

$496

$558

31.0%

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

10

38

22

29

190.0%

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

25

30

28

23

-8.0%

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

67

100

92

72

7.5%

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

37

27

36

34

-8.1%

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

6.7

2.6

4.2

2.5

-62.9%

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

37.3%

30.0%

30.4%

31.9%

-14.4%

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

$726,000

$847,417

$828,000

$846,192

16.6%

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

current market snapshot Jan

$755

Feb

$802,000

Mar Apr

median sales price

May

$558

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$802 M E 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

telesproperties.com


Rolling Hills DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$2,900,000

$4,087,500

$2,525,000

$5,000,000

72.4%

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

$527

$742

$834

$625

18.6%

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

2

2

3

1

-50.0%

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

0

1

2

1

0%

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

16

17

19

12

-25.0%

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

0

11

16

5

0%

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

8

8.5

6.3

12

50.0%

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

0.0%

5.9%

10.5%

8.3%

0%

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

$3,004,000

$3,276,100

$3,587,500

$2,908,636

-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 Jan

$2.900

Feb

$5,000,000

Mar Apr

median sales price

May

$625

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

12 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$5.000 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 : January 2014

telesproperties.com


Rolling Hills Estates DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,298,000

$1,290,000

$1,210,000

$1,000,000

-23.0%

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

$500

$488

$507

$457

-8.6%

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

4

8

8

1

-75.0%

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

5

13

1

5

0.0%

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

17

30

12

17

0.0%

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

61

72

44

73

19.7%

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

4.2

3.8

1.5

17

300.0%

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

29.4%

43.3%

8.3%

29.4%

0.0%

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

$1,162,000

$1,302,917

$1,236,667

$1,299,442

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 $1.298

Jan Feb

$1,000,000

Mar Apr

median sales price

May

$457

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

17 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


San Pedro DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$526,500

$509,000

$485,000

$515,000

-2.2%

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

$297

$337

$357

$386

30.0%

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

24

43

31

20

-16.7%

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

32

33

29

25

-21.9%

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

95

129

135

113

18.9%

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

76

48

46

58

-23.7%

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

4

3

4.4

5.6

42.7%

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

33.7%

25.6%

21.5%

22.1%

-34.3%

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

$420,000

$491,500

$502,333

$488,828

16.4%

*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 Jan

$526

Feb

$515,000

Mar Apr

median sales price

May

$386

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$515 M E 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

telesproperties.com


San Fernando Valley Macro Market DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$639,286

$670,500

$732,286

$763,500

19.4%

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

$316

$369

$372

$361

14.4%

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

340

544

447

346

1.8%

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

455

558

520

380

-16.5%

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

641

952

1,077

811

26.5%

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

67

47

54

69

3.1%

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

1.9

1.8

2.4

2.3

24.3%

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

71.0%

58.6%

48.3%

46.9%

-34.0%

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

$578,871

$719,000

$718,143

$689,401

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 Jan

$595

Feb

$763,500

Mar Apr

median sales price

May

$361

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$652 M E 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

telesproperties.com


Burbank DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$480,000

$605,000

$625,000

$630,000

31.2%

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

$334

$395

$395

$388

16.2%

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

35

56

60

49

40.0%

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

48

72

56

46

-4.2%

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

58

72

93

73

25.9%

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

55

35

40

46

-16.4%

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

1.7

1.3

1.6

1.5

-10.1%

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

82.8%

100.0%

60.2%

63.0%

-23.9%

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

$498,538

$604,500

$605,667

$588,077

18.0%

*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 Jan

$480

Feb

$630,000

Mar Apr

median sales price

May

$388

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


Encino DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$690,000

$875,000

$1,248,000

$938,000

35.9%

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

$329

$399

$447

$403

22.5%

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

27

49

36

32

18.5%

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

32

42

44

29

-9.4%

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

58

96

113

80

37.9%

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

75

41

50

74

-1.3%

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

2.1

2

3.1

2.5

16.4%

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

55.2%

43.8%

38.9%

36.2%

-34.3%

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

$750,615

$963,833

$857,667

$899,923

19.9%

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

current market snapshot Jan

$690

Feb

$938,000

Mar Apr

median sales price

May

$403

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$938 M E 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

telesproperties.com


Glendale DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$608,000

$700,000

$619,000

$760,000

25.0%

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

$318

$378

$393

$354

11.3%

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

52

64

36

40

-23.1%

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

51

77

54

40

-21.6%

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

73

115

126

91

24.7%

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

63

51

33

53

-15.9%

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

1.4

1.8

3.5

2.3

62.1%

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

69.9%

67.0%

42.9%

44.0%

-37.1%

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

$582,538

$708,667

$735,000

$678,462

16.5%

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

current market snapshot Jan

$608

Feb

$760,000

Mar Apr

median sales price

May

$354

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$760 M E 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

telesproperties.com


La Crescenta DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$511,000

$635,000

$650,000

$610,000

19.4%

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

$352

$415

$410

$408

15.9%

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

11

19

27

15

36.4%

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

12

19

27

13

8.3%

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

15

34

29

24

60.0%

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

55

32

52

57

3.6%

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

1.4

1.8

1.1

1.6

17.3%

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

80.0%

55.9%

93.1%

54.2%

-32.3%

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

$550,923

$638,167

$618,667

$629,846

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 Jan

$511

Feb

$610,000

Mar Apr

median sales price

May

$408

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$610 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


North Hollywood DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$342,000

$368,000

$380,000

$393,000

14.9%

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

$255

$291

$285

$304

19.2%

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

26

49

37

26

0.0%

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

52

43

61

46

-11.5%

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

41

51

77

71

73.2%

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

64

42

48

50

-21.9%

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

1.6

1

2.1

2.7

73.2%

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

126.8%

84.3%

79.2%

64.8%

-48.9%

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

$305,923

$402,167

$401,667

$387,769

26.8%

*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 Jan

$342

Feb

$393,000

Mar Apr

median sales price

May

$304

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$393 M E 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

telesproperties.com


Shadow Hills DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$604,000

$590,000

$633,000

$1,025,000

69.7%

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

$271

$242

$246

$259

-4.4%

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

1

5

2

3

200.0%

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

1

3

2

1

0.0%

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

7

20

16

4

-42.9%

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

36

43

35

79

119.4%

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

7

4

8

1.3

-81.0%

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

14.3%

15.0%

12.5%

25.0%

75.0%

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

$587,583

$747,167

$731,667

$670,385

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 Jan

$604

Feb

$1,025,000

Mar Apr

median sales price

May

$259

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.025 M E 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

telesproperties.com


Sherman Oaks DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$770,000

$809,000

$825,000

$1,033,000

34.2%

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

$363

$420

$437

$431

18.7%

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

33

72

57

40

21.2%

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

53

63

59

50

-5.7%

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

61

120

151

101

65.6%

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

73

50

50

97

32.9%

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

1.8

1.7

2.6

2.5

36.6%

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

86.9%

52.5%

39.1%

49.5%

-43.0%

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

$692,692

$849,333

$874,333

$808,846

16.8%

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

current market snapshot Jan

$770

Feb

$1,033,000

Mar Apr

median sales price

May

$431

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.033 M E 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

telesproperties.com


Studio City DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$745,000

$950,000

$990,000

$1,122,000

50.6%

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

$425

$498

$489

$481

13.2%

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

22

27

28

21

-4.5%

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

24

35

39

26

8.3%

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

64

83

89

67

4.7%

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

75

52

72

57

-24.0%

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

2.9

3.1

3.2

3.2

9.7%

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

37.5%

42.2%

43.8%

38.8%

3.5%

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

$847,077

$1,087,000

$1,091,333

$981,000

15.8%

*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 Jan

$745

Feb

$1,122,000

Mar Apr

median sales price

May

$481

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.122 M E 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

telesproperties.com


Sun Valley DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$282,000

$355,000

$378,000

$350,000

24.1%

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

$237

$274

$254

$257

8.4%

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

16

29

24

12

-25.0%

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

28

27

26

13

-53.6%

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

24

29

46

25

4.2%

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

33

72

62

87

163.6%

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

1.5

1

1.9

2.1

38.9%

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

116.7%

93.1%

56.5%

52.0%

-55.4%

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

$276,692

$366,333

$375,667

$342,923

23.9%

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

current market snapshot Jan

$282

Feb

$350,000

Mar Apr

median sales price

May

$257

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.1 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$350 M E 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

telesproperties.com


Sunland/Tujunga DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$350,000

$400,000

$425,000

$426,000

21.7%

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

$232

$289

$313

$294

26.7%

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

25

46

37

38

52.0%

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

30

43

42

33

10.0%

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

62

63

72

47

-24.2%

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

60

44

48

71

18.3%

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

2.5

1.4

1.9

1.2

-50.1%

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

48.4%

68.3%

58.3%

70.2%

45.1%

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

$348,692

$423,000

$427,333

$395,077

13.3%

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

current market snapshot Jan

$350

Feb

$426,000

Mar Apr

median sales price

May

$294

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$426 M E 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

telesproperties.com


Tarzana DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$822,000

$885,000

$833,000

$833,000

1.3%

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

$283

$335

$331

$334

18.0%

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

18

30

26

20

11.1%

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

27

37

29

23

-14.8%

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

51

65

70

71

39.2%

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

87

63

49

70

-19.5%

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

2.8

2.2

2.7

3.6

25.3%

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

52.9%

56.9%

41.4%

32.4%

-38.8%

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

$623,923

$767,333

$758,667

$798,308

27.9%

*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 Jan

$822

Feb

$833,000

Mar Apr

median sales price

May

$334

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


Toluca Lake DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,562,000

$820,000

$1,170,000

$1,148,000

-26.5%

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

$408

$507

$534

$465

14.0%

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

12

5

7

6

-50.0%

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

7

5

9

4

-42.9%

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

19

18

13

15

-21.1%

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

122

48

106

87

-28.7%

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

1.6

3.6

1.9

2.5

57.9%

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

36.8%

27.8%

69.2%

26.7%

-27.6%

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

$910,385

$1,075,000

$1,132,333

$1,112,692

22.2%

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

current market snapshot $1.562

Jan Feb

$1,148,000

Mar Apr

median sales price

May

$465

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.148 M E 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

telesproperties.com


Valley Village DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$612,000

$745,000

$823,000

$751,000

22.7%

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

$339

$411

$379

$364

7.4%

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

10

22

15

12

20.0%

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

14

17

10

9

-35.7%

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

21

36

25

19

-9.5%

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

74

33

44

73

-1.4%

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

2.1

1.6

1.7

1.6

-24.6%

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

66.7%

47.2%

40.0%

47.4%

-28.9%

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

$594,923

$777,000

$790,333

$725,077

21.9%

*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 Jan

$612

Feb

$751,000

Mar Apr

median sales price

May

$364

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$751 M E 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

telesproperties.com


San Gabriel Valley Macro Market DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$690,778

$898,556

$829,333

$936,000

35.5%

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

$391

$424

$443

$456

16.7%

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

161

301

263

167

3.7%

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

181

316

240

173

-4.4%

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

318

560

531

372

17.0%

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

75

46

48

58

-22.4%

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

2

1.9

2

2.2

12.8%

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

56.9%

56.4%

45.2%

46.5%

-18.3%

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

$736,944

$872,222

$886,852

$851,145

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 Jan

$572

Feb

$936,000

Mar Apr

median sales price

May

$456

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$670 M E 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

telesproperties.com


Altadena DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$450,000

$611,000

$550,000

$507,000

12.7%

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

$320

$373

$395

$388

21.2%

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

35

54

36

28

-20.0%

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

40

51

41

22

-45.0%

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

49

54

54

47

-4.1%

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

52

51

39

60

15.4%

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

1.4

1

1.5

1.7

19.9%

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

81.6%

94.4%

75.9%

46.8%

-42.7%

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

$457,385

$578,833

$546,000

$564,000

23.3%

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

current market snapshot Jan

$450

Feb

$507,000

Mar Apr

median sales price

May

$388

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$507 M E 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

telesproperties.com


Arcadia DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$830,000

$1,290,000

$1,100,000

$1,780,000

114.5%

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

$418

$525

$549

$589

40.9%

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

24

43

43

25

4.2%

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

31

47

38

37

19.4%

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

42

115

104

81

92.9%

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

51

39

39

75

47.1%

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

1.8

2.7

2.4

3.2

85.1%

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

73.8%

40.9%

36.5%

45.7%

-38.1%

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

$931,923

$1,359,167

$1,501,667

$1,241,385

33.2%

*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 Jan

$830

Feb

$1,780,000

Mar Apr

median sales price

May

$589

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.780 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Duarte DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$350,000

$430,000

$370,000

$330,000

-5.7%

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

$272

$315

$305

$301

10.7%

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

11

14

15

12

9.1%

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

16

17

14

20

25.0%

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

20

17

23

19

-5.0%

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

98

51

41

34

-65.3%

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

1.8

1.2

1.5

1.6

-12.9%

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

80.0%

100.0%

60.9%

105.3%

31.6%

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

$315,769

$383,000

$375,333

$375,846

19.0%

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

current market snapshot Jan

$350

Feb

$330,000

Mar Apr

median sales price

May

$301

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


Eagle Rock DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$470,000

$610,000

$585,000

$561,000

19.4%

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

$362

$395

$443

$446

23.2%

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

13

21

7

5

-61.5%

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

8

18

6

9

12.5%

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

19

26

8

11

-42.1%

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

46

42

43

35

-23.9%

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

1.5

1.2

1.1

2.2

50.5%

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

42.1%

69.2%

75.0%

81.8%

94.3%

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

$491,692

$571,500

$563,333

$545,077

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 Jan

$470

Feb

$561,000

Mar Apr

median sales price

May

$446

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$561 M E 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

telesproperties.com


La Canada Flintridge DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,191,000

$1,303,000

$1,110,000

$1,483,000

24.5%

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

$539

$507

$579

$533

-1.1%

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

7

30

18

16

128.6%

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

13

32

25

13

0.0%

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

27

65

58

28

3.7%

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

130

44

65

60

-53.8%

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

3.9

2.2

3.2

1.8

-54.6%

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

48.1%

49.2%

43.1%

46.4%

-3.6%

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

$1,100,000

$1,241,833

$1,296,000

$1,254,385

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 Jan

$1.191

Feb

$1,483,000

Mar Apr

median sales price

May

$533

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.8 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.483 M E 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

telesproperties.com


Monrovia DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$502,000

$578,000

$560,000

$456,000

-9.2%

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

$318

$385

$357

$374

17.6%

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

18

35

25

19

5.6%

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

26

38

23

18

-30.8%

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

38

56

60

39

2.6%

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

91

51

69

65

-28.6%

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

2.1

1.6

2.4

2.1

-2.8%

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

68.4%

67.9%

38.3%

46.2%

-32.5%

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

$467,000

$536,500

$515,333

$528,000

13.1%

*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 Jan

$502

Feb

$456,000

Mar Apr

median sales price

May

$374

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.1 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$456 M E 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

telesproperties.com


Pasadena DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$594,000

$679,000

$692,000

$625,000

5.2%

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

$362

$485

$439

$436

20.4%

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

52

99

98

53

1.9%

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

56

113

84

52

-7.1%

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

119

184

199

136

14.3%

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

71

46

60

66

-7.0%

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

2.3

1.9

2

2.6

12.1%

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

47.1%

61.4%

42.2%

38.2%

-18.8%

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

$588,923

$700,833

$686,667

$678,385

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 Jan

$594

Feb

$625,000

Mar Apr

median sales price

May

$436

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


San Gabriel DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$492,000

$617,000

$643,000

$625,000

27.0%

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

$342

$384

$364

$395

15.5%

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

18

25

26

21

16.7%

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

23

28

25

20

-13.0%

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

39

79

73

42

7.7%

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

92

63

57

62

-32.6%

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

2.2

3.2

2.8

2

-7.7%

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

59.0%

35.4%

34.2%

47.6%

-19.3%

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

$522,538

$639,667

$620,667

$600,538

14.9%

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

current market snapshot Jan

$492

Feb

$625,000

Mar Apr

median sales price

May

$395

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


San Marino DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,323,000

$1,777,000

$1,725,000

$2,060,000

55.7%

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

$681

$686

$724

$788

15.7%

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

6

14

15

8

33.3%

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

6

14

13

5

-16.7%

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

8

17

17

10

25.0%

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

80

49

35

41

-48.8%

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

1.3

1.2

1.1

1.2

-6.2%

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

75.0%

82.4%

76.5%

50.0%

-33.3%

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

$1,649,769

$1,867,333

$1,926,667

$1,834,615

11.2%

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

current market snapshot Jan

$1.323

Feb

$2,060,000

Mar Apr

median sales price

May

$788

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$2.060 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Sierra Madre DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$612,000

$820,000

$910,000

$987,000

61.3%

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

$391

$444

$474

$398

1.8%

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

4

16

13

9

125.0%

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

8

11

15

7

-12.5%

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

21

17

26

17

-19.0%

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

99

62

59

92

-7.1%

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

5.2

1.1

2

1.9

-64.0%

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

38.1%

64.7%

57.7%

41.2%

8.1%

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

$682,385

$853,000

$849,000

$814,846

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 Jan

$612

Feb

$987,000

Mar Apr

median sales price

May

$398

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.9 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

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

Micro Market Report : January 2014

telesproperties.com


South Pasadena DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$867,000

$1,200,000

$1,059,000

$783,000

-9.7%

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

$494

$465

$497

$532

7.7%

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

6

15

20

11

83.3%

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

4

13

8

15

275.0%

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

15

20

18

17

13.3%

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

76

36

47

65

-14.5%

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

2.5

1.3

0.9

1.5

-38.2%

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

26.7%

65.0%

44.4%

88.2%

230.9%

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

$896,846

$890,833

$840,667

$941,923

5.0%

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

current market snapshot Jan

$867

Feb

$783,000

Mar Apr

median sales price

May

$532

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

1.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$783 M E 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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Orange County

Orange County Macro

Laguna Beach

San Juan Capistrano

Balboa Peninsula

Laguna Hills

Shady Canyon

Corona del Mar - Spyglass

Laguna Niguel

Turtle Ridge

Coto de Caza

Laguna Woods

Turtle Rock

Crystal Cove

Long Beach

West Bay - Santa Ana Heights

Dana Point

Lower Newport Bay - Balboa Island

West Newport - Lido

East Bluff - Harbor View

Mission Viejo

Westminster

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Ladera Ranch

San Clemente

Micro Market Report : January 2014

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County: ORANGE Area: 948 sq miles Founded: 1889

Micro Market Report : January 2014

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Orange County DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$540,100

$650,000

$639,450

$640,000

18.5%

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

$322

$379

$391

$369

14.6%

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

1326

1969

1470

1039

-21.6%

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

1743

1838

1577

1366

-21.6%

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

5,196

6,514

6,775

5,475

5.4%

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

80

43

55

62

-22.5%

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

3.9

3.3

4.6

5.3

34.5%

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

33.5%

28.2%

23.3%

24.9%

-25.6%

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

$516,000

$647,992

$651,083

$625,619

21.2%

*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 Jan

$540

Feb

$640,000

Mar Apr

median sales price

May

$369

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

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Balboa Peninsula DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$2,400,000

$3,475,000

$3,337,500

$3,550,000

47.9%

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

$1,278

$1,200

$1,345

$1,012

-20.8%

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

5

9

4

1

-80.0%

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

3

9

8

2

-33.3%

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

48

41

46

36

-25.0%

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

175

119

135

106

-39.4%

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

9.6

4.6

11.5

36

275.0%

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

6.2%

22.0%

17.4%

5.6%

-11.1%

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

$2,111,000

$2,963,750

$3,058,333

$2,511,115

19.0%

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

current market snapshot Jan

$2.400

Feb

$3,550,000

Mar Apr

median sales price

May

$1,012

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

36 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$3.550 M E 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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Corona del Mar - Spyglass DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,750,000

$2,108,750

$1,900,000

$2,323,750

32.8%

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

$784

$765

$849

$1,023

30.5%

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

7

22

9

6

-14.3%

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

11

17

10

12

9.1%

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

82

79

73

58

-29.3%

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

107

38

80

94

-12.1%

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

11.7

3.6

8.1

9.7

-17.5%

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

13.4%

21.5%

13.7%

20.7%

54.2%

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

$1,804,000

$2,494,625

$2,756,750

$2,306,500

27.9%

*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 Jan

$1.750

Feb

$2,323,750

Mar Apr

median sales price

May

$1,023

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

9.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$2.323 M E 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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Coto de Caza DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$935,000

$980,000

$1,280,000

$900,000

-3.7%

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

$270

$291

$347

$312

15.6%

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

13

33

15

13

0.0%

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

30

20

20

19

-36.7%

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

95

130

139

112

17.9%

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

134

46

61

134

0.0%

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

7.3

3.9

9.3

8.6

17.9%

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

31.6%

15.4%

14.4%

17.0%

-46.3%

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

$900,000

$1,055,117

$1,042,500

$1,039,419

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 Jan

$935

Feb

$900,000

Mar Apr

median sales price

May

$312

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

8.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

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Crystal Cove DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$8,800,000

$5,950,000

$3,800,000

$5,259,000

-40.2%

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

$967

$980

$965

$1,119

15.7%

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

1

4

4

1

0.0%

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

5

5

2

3

-40.0%

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

28

31

20

17

-39.3%

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

59

100

212

72

22.0%

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

28

7.8

5

17

-39.3%

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

17.9%

16.1%

10.0%

17.6%

-1.2%

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

$4,103,000

$4,628,417

$4,744,333

$4,852,346

18.3%

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

current market snapshot $8.800

Jan Feb

$5,259,000

Mar Apr

median sales price

May

$1,119

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

17 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$5.259 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

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Dana Point DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$703,500

$950,000

$1,000,000

$775,000

10.2%

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

$430

$504

$558

$417

-3.0%

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

18

35

32

17

-5.6%

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

31

39

36

25

-19.4%

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

156

211

201

147

-5.8%

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

132

58

84

78

-40.9%

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

8.7

6

6.3

8.6

-0.2%

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

19.9%

18.5%

17.9%

17.0%

-14.4%

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

$703,000

$907,417

$829,167

$874,269

24.4%

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

current market snapshot Jan

$703

Feb

$775,000

Mar Apr

median sales price

May

$417

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

8.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$775 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


East Bluff - Harbor View DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,350,000

$1,710,000

$1,493,750

$1,619,000

19.9%

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

$507

$631

$574

$538

6.1%

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

11

23

16

9

-18.2%

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

22

24

12

20

-9.1%

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

76

74

77

67

-11.8%

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

61

54

59

57

-6.6%

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

6.9

3.2

4.8

7.4

7.7%

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

28.9%

32.4%

15.6%

29.9%

3.1%

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

$1,354,000

$1,679,708

$1,699,000

$1,622,285

19.8%

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

current market snapshot Jan

$1.350

Feb

$1,619,000

Mar Apr

median sales price

May

$538

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

7.4 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.619 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


East Costa Mesa DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$771,000

$950,000

$867,000

$845,000

9.6%

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

$399

$484

$498

$485

21.6%

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

11

18

22

8

-27.3%

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

16

12

15

15

-6.2%

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

38

62

73

55

44.7%

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

108

30

54

54

-50.0%

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

3.5

3.4

3.3

6.9

99.0%

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

42.1%

19.4%

20.5%

27.3%

-35.2%

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

$682,000

$861,642

$863,867

$837,908

22.9%

*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 Jan

$771

Feb

$845,000

Mar Apr

median sales price

May

$485

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

6.9 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$845 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

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Fountain Valley DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$573,000

$655,000

$672,500

$650,000

13.4%

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

$289

$322

$319

$341

18.0%

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

18

40

26

23

27.8%

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

25

29

25

19

-24.0%

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

60

68

82

67

11.7%

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

61

27

48

47

-23.0%

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

3.3

1.7

3.2

2.9

-12.6%

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

41.7%

42.6%

30.5%

28.4%

-31.9%

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

$560,000

$656,750

$658,333

$639,350

14.2%

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

current market snapshot Jan

$573

Feb

$650,000

Mar Apr

median sales price

May

$341

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.9 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

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Huntington Beach DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$645,000

$737,000

$735,000

$683,000

5.9%

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

$350

$431

$418

$433

23.7%

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

87

114

103

56

-35.6%

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

100

109

94

78

-22.0%

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

294

382

384

312

6.1%

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

75

35

51

50

-33.3%

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

3.4

3.4

3.7

5.6

64.9%

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

34.0%

28.5%

24.5%

25.0%

-26.5%

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

$614,000

$722,000

$714,333

$701,567

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 Jan

$645

Feb

$683,000

Mar Apr

median sales price

May

$433

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$683 M E 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

telesproperties.com


Irvine DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$815,000

$900,000

$920,000

$848,500

4.1%

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

$380

$456

$421

$427

12.4%

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

84

115

91

56

-33.3%

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

94

117

76

83

-11.7%

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

262

364

357

299

14.1%

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

114

44

52

57

-50.0%

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

3.1

3.2

3.9

5.3

71.2%

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

35.9%

32.1%

21.3%

27.8%

-22.6%

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

$744,000

$882,699

$855,564

$878,883

18.1%

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

current market snapshot Jan

$815

Feb

$848,500

Mar Apr

median sales price

May

$427

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$848 M E 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

telesproperties.com


Ladera Ranch DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$622,500

$832,500

$820,000

$915,000

47.0%

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

$272

$317

$309

$326

19.9%

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

20

36

13

21

5.0%

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

29

32

26

27

-6.9%

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

82

136

128

88

7.3%

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

85

53

70

83

-2.4%

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

4.1

3.8

9.8

4.2

2.2%

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

35.4%

23.5%

20.3%

30.7%

-13.2%

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

$679,000

$860,458

$892,500

$824,725

21.5%

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

current market snapshot Jan

$622

Feb

$915,000

Mar Apr

median sales price

May

$326

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$915 M E 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

telesproperties.com


Laguna Beach DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,412,500

$1,770,000

$1,575,000

$1,722,500

21.9%

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

$759

$924

$1,201

$993

30.8%

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

24

30

24

12

-50.0%

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

39

29

25

30

-23.1%

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

206

258

249

216

4.9%

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

139

102

116

109

-21.6%

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

8.6

8.6

10.4

18

109.7%

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

18.9%

11.2%

10.0%

13.9%

-26.6%

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

$1,313,000

$1,734,208

$1,735,833

$1,626,804

23.9%

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

current market snapshot Jan

$1.412

Feb

$1,722,500

Mar Apr

median sales price

May

$993

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

18 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.722 M E 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

telesproperties.com


Laguna Niguel DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$719,000

$755,000

$867,900

$790,000

9.9%

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

$330

$370

$396

$385

16.7%

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

35

67

45

31

-11.4%

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

60

62

36

40

-33.3%

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

189

215

208

202

6.9%

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

74

48

52

62

-16.2%

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

5.4

3.2

4.6

6.5

20.7%

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

31.7%

28.8%

17.3%

19.8%

-37.6%

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

$642,000

$799,483

$783,333

$768,508

19.7%

*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 Jan

$719

Feb

$790,000

Mar Apr

median sales price

May

$385

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

6.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$790 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Laguna Hills DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$607,000

$780,000

$750,000

$632,500

4.2%

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

$321

$343

$326

$333

3.7%

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

19

23

11

10

-47.4%

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

16

27

24

16

0.0%

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

54

92

96

67

24.1%

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

41

48

58

64

56.1%

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

2.8

4

8.7

6.7

135.7%

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

29.6%

29.3%

25.0%

23.9%

-19.4%

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

$602,000

$682,500

$687,500

$694,688

15.4%

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

current market snapshot Jan

$607

Feb

$632,500

Mar Apr

median sales price

May

$333

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

6.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$632 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Laguna Woods DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$0

$617,000

$660,000

$483,000

0%

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

$0

$346

$440

$287

0%

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

0

1

1

1

0%

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

0

0

1

0

0%

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

0

0

2

0

0%

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

0

0

3

0

0%

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

0

0

2

0

0%

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

0%

0%

50.0%

0%

0%

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

$600,000

$604,250

$585,000

$599,714

-0.0%

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

current market snapshot Jan Feb

$483,000

Mar Apr

median sales price

May

$287

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

No sales MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$483 M E 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

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$2,449,500

$3,995,000

$2,915,000

$2,800,000

14.3%

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

$1,076

$1,463

$1,020

$1,090

1.3%

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

4

2

4

3

-25.0%

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

6

5

4

4

-33.3%

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

36

36

37

36

0.0%

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

156

67

110

68

-56.4%

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

9

18

9.2

12

33.3%

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

16.7%

13.9%

10.8%

11.1%

-33.3%

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

$2,261,000

$2,681,208

$2,324,917

$2,486,865

10.0%

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

current market snapshot Jan

$2.449

Feb

$2,800,000

Mar Apr

median sales price

May

$1,090

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

12 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


Mission Viejo DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$526,500

$618,000

$617,500

$599,500

13.9%

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

$276

$316

$303

$310

12.3%

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

77

106

82

62

-19.5%

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

94

113

89

72

-23.4%

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

199

296

319

221

11.1%

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

66

35

53

61

-7.6%

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

2.6

2.8

3.9

3.6

37.9%

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

47.2%

38.2%

27.9%

32.6%

-31.0%

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

$506,000

$624,667

$636,167

$603,292

19.2%

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

current market snapshot Jan

$526

Feb

$599,500

Mar Apr

median sales price

May

$310

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

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

Micro Market Report : January 2014

telesproperties.com


Newport Beach DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,585,000

$1,675,000

$1,850,000

$1,965,000

24.0%

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

$681

$758

$654

$698

2.5%

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

37

63

42

25

-32.4%

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

42

58

57

43

2.4%

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

255

275

312

241

-5.5%

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

92

61

112

73

-20.7%

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

6.9

4.4

7.4

9.6

39.9%

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

16.5%

21.1%

18.3%

17.8%

8.3%

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

$1,408,000

$1,837,083

$1,853,333

$1,710,750

21.5%

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

current market snapshot Jan

$1.585

Feb

$1,965,000

Mar Apr

median sales price

May

$698

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

9.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.965 M E 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

telesproperties.com


Newport Coast DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$2,425,000

$3,007,500

$2,435,000

$4,215,000

73.8%

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

$659

$832

$792

$861

30.7%

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

9

14

17

10

11.1%

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

13

15

18

11

-15.4%

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

79

99

91

67

-15.2%

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

104

67

73

70

-32.7%

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

8.8

7.1

5.4

6.7

-23.7%

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

16.5%

15.2%

19.8%

16.4%

-0.2%

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

$2,100,000

$2,829,917

$2,989,167

$2,926,885

39.4%

*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 Jan

$2.425

Feb

$4,215,000

Mar Apr

median sales price

May

$861

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

6.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$4.215 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Newport Heights DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

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

$1,840,000

$1,350,000

$1,682,500

$2,016,500

9.6%

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

$547

$574

$799

$568

3.8%

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

3

7

6

2

-33.3%

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

2

6

10

2

0.0%

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

29

33

39

22

-24.1%

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

124

16

86

118

-4.8%

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

9.7

4.7

6.5

11

13.8%

Percent Under Contract ........................................

6.9%

18.2%

25.6%

9.1%

31.8%

Average Median Price for Last 12 Months ........

$1,255,000

$1,665,302

$1,761,437

$1,608,484

28.2%

*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 Jan

$1.840

Feb

$2,016,500

Mar Apr

median sales price

May

$568

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

11 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$2.016 M E 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

telesproperties.com


Rancho Santa Margarita DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$555,000

$647,725

$637,500

$635,000

14.4%

Average Price per Square Foot ...........................

$252

$310

$309

$297

17.9%

Properties Sold .......................................................

31

46

46

27

-12.9%

Properties Pending Sale .......................................

45

49

39

43

-4.4%

Properties For Sale ................................................

91

143

146

112

23.1%

Days on Market (Pending Sale) ...........................

63

29

53

47

-25.4%

Month’s Supply of Inventory ................................

2.9

3.1

3.2

4.1

41.3%

Percent Under Contract ........................................

49.5%

34.3%

26.7%

38.4%

-22.4%

Average Median Price for Last 12 Months ........

$519,000

$627,333

$625,500

$621,094

19.7%

*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 Jan

$555

Feb

$635,000

Mar Apr

median sales price

May

$297

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4.1 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$635 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


San Clemente DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$735,000

$812,500

$781,000

$768,000

4.5%

Average Price per Square Foot ...........................

$337

$364

$411

$326

-3.3%

Properties Sold .......................................................

43

62

45

41

-4.7%

Properties Pending Sale .......................................

68

58

58

50

-26.5%

Properties For Sale ................................................

227

320

307

231

1.8%

Days on Market (Pending Sale) ...........................

82

46

70

53

-35.4%

Month’s Supply of Inventory ................................

5.3

5.2

6.8

5.6

6.7%

Percent Under Contract ........................................

30.0%

18.1%

18.9%

21.6%

-27.7%

Average Median Price for Last 12 Months ........

$700,000

$821,500

$812,667

$799,077

14.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$735

Feb

$768,000

Mar Apr

median sales price

May

$326

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


San Juan Capistrano DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$724,000

$751,700

$637,500

$756,000

4.4%

Average Price per Square Foot ...........................

$273

$336

$333

$329

20.5%

Properties Sold .......................................................

13

35

24

26

100.0%

Properties Pending Sale .......................................

26

34

21

24

-7.7%

Properties For Sale ................................................

114

149

152

124

8.8%

Days on Market (Pending Sale) ...........................

106

73

76

94

-11.3%

Month’s Supply of Inventory ................................

8.8

4.3

6.3

4.8

-45.6%

Percent Under Contract ........................................

22.8%

22.8%

13.8%

19.4%

-15.1%

Average Median Price for Last 12 Months ........

$611,000

$811,000

$794,500

$773,977

26.7%

*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 Jan

$724

Feb

$756,000

Mar Apr

median sales price

May

$329

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4.8 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$756 M E 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

telesproperties.com


Shady Canyon DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$6,675,000

$4,300,000

$0

$0

-100.0%

Average Price per Square Foot ...........................

$668

$717

$0

$0

-100.0%

Properties Sold .......................................................

1

1

0

0

-100.0%

Properties Pending Sale .......................................

2

0

0

0

-100.0%

Properties For Sale ................................................

21

8

8

8

-61.9%

Days on Market (Pending Sale) ...........................

37

0

0

0

-100.0%

Month’s Supply of Inventory ................................

21

8

0

0

0%

Percent Under Contract ........................................

9.5%

0.0%

0.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$4,394,000

$6,300,000

$6,300,000

$5,695,857

29.6%

*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

$6.675

Feb

No sales

Mar Apr

median sales price

May

No sales

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

No sales MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan M E 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

telesproperties.com


Turtle Ridge DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$2,200,000

$1,980,000

$2,620,000

$2,282,596

3.8%

Average Price per Square Foot ...........................

$598

$660

$661

$642

7.4%

Properties Sold .......................................................

3

7

3

3

0.0%

Properties Pending Sale .......................................

5

3

2

2

-60.0%

Properties For Sale ................................................

18

21

25

26

44.4%

Days on Market (Pending Sale) ...........................

122

29

96

102

-16.4%

Month’s Supply of Inventory ................................

6

3

8.3

8.7

44.4%

Percent Under Contract ........................................

27.8%

14.3%

8.0%

7.7%

-72.3%

Average Median Price for Last 12 Months ........

$1,966,000

$2,523,519

$2,336,699

$2,255,550

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 Jan

$2.200

Feb

$2,282,596

Mar Apr

median sales price

May

$642

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

8.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$2.282 M E 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

telesproperties.com


Turtle Rock DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$957,250

$0

$1,749,000

$1,600,888

67.2%

Average Price per Square Foot ...........................

$475

$0

$624

$552

16.2%

Properties Sold .......................................................

8

0

2

1

-87.5%

Properties Pending Sale .......................................

5

1

2

0

-100.0%

Properties For Sale ................................................

13

7

10

4

-69.2%

Days on Market (Pending Sale) ...........................

49

13

66

0

-100.0%

Month’s Supply of Inventory ................................

1.6

0

5

4

146.2%

Percent Under Contract ........................................

38.5%

14.3%

20.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$1,028,000

$1,678,918

$2,295,444

$1,384,984

34.7%

*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 Jan

$957

Feb

$1,600,888

Mar Apr

median sales price

May

$552

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Westminster DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$417,000

$525,500

$496,000

$497,000

19.2%

Average Price per Square Foot ...........................

$275

$308

$311

$347

26.2%

Properties Sold .......................................................

28

45

43

19

-32.1%

Properties Pending Sale .......................................

30

38

38

31

3.3%

Properties For Sale ................................................

92

124

113

107

16.3%

Days on Market (Pending Sale) ...........................

33

33

41

37

12.1%

Month’s Supply of Inventory ................................

3.3

2.8

2.6

5.6

71.4%

Percent Under Contract ........................................

32.6%

30.6%

33.6%

29.0%

-11.2%

Average Median Price for Last 12 Months ........

$395,000

$500,917

$506,500

$489,462

23.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$417

Feb

$497,000

Mar Apr

median sales price

May

$347

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$497 M E 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

telesproperties.com


West Bay - Santa Ana Heights DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$915,000

$1,500,000

$1,730,000

$1,850,000

102.2%

Average Price per Square Foot ...........................

$545

$574

$427

$516

-5.3%

Properties Sold .......................................................

7

13

6

4

-42.9%

Properties Pending Sale .......................................

4

7

15

6

50.0%

Properties For Sale ................................................

37

37

57

40

8.1%

Days on Market (Pending Sale) ...........................

87

52

64

102

17.2%

Month’s Supply of Inventory ................................

5.3

2.8

9.5

10

89.2%

Percent Under Contract ........................................

10.8%

18.9%

26.3%

15.0%

38.8%

Average Median Price for Last 12 Months ........

$1,171,000

$1,522,583

$1,589,167

$1,407,192

20.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$915

Feb

$1,850,000

Mar Apr

median sales price

May

$516

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

10 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


West Newport - Lido DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$1,697,500

$1,317,500

$1,787,500

$1,590,000

-6.3%

Average Price per Square Foot ...........................

$675

$996

$738

$991

46.8%

Properties Sold .......................................................

7

8

6

6

-14.3%

Properties Pending Sale .......................................

5

5

8

9

80.0%

Properties For Sale ................................................

29

52

56

40

37.9%

Days on Market (Pending Sale) ...........................

95

75

285

73

-23.2%

Month’s Supply of Inventory ................................

4.1

6.5

9.3

6.7

60.9%

Percent Under Contract ........................................

17.2%

9.6%

14.3%

22.5%

30.5%

Average Median Price for Last 12 Months ........

$1,665,000

$2,124,108

$1,673,217

$1,807,627

8.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$1.697

Feb

$1,590,000

Mar Apr

median sales price

May

$991

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

6.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.590 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

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Santa Barbara County

Carpinteria Goleta Hope Ranch Montecito Santa Barbara East of State Santa Barbara West of State Santa Ynez

Micro Market Report : January 2014

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County: SANTA BARBARA Area: 3,789 sq miles Founded: 1850

Micro Market Report : January 2014

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Carpinteria DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$799,000

$844,500

$942,999

$840,730

5.2%

Average Price per Square Foot ...........................

$716

$524

$621

$630

-12.0%

Properties Sold .......................................................

5

4

11

1

-80.0%

Properties Pending Sale .......................................

5

9

10

2

-60.0%

Properties For Sale ................................................

49

54

50

34

-30.6%

Days on Market (Pending Sale) ...........................

147

67

73

15

-89.8%

Month’s Supply of Inventory ................................

9.8

13.5

4.5

34

246.9%

Percent Under Contract ........................................

10.2%

16.7%

20.0%

5.9%

-42.4%

Average Median Price for Last 12 Months ........

$1,095,000

$1,070,616

$1,303,243

$947,399

-13.5%

*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 Jan

$799

Feb

$840,730

Mar Apr

median sales price

May

$630

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

34 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

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Goleta DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$650,000

$775,000

$773,000

$899,000

38.3%

Average Price per Square Foot ...........................

$403

$428

$392

$525

30.3%

Properties Sold .......................................................

13

11

9

5

-61.5%

Properties Pending Sale .......................................

7

15

8

6

-14.3%

Properties For Sale ................................................

18

34

30

20

11.1%

Days on Market (Pending Sale) ...........................

7

26

39

46

557.1%

Month’s Supply of Inventory ................................

1.4

3.1

3.3

4

188.9%

Percent Under Contract ........................................

38.9%

44.1%

26.7%

30.0%

-22.9%

Average Median Price for Last 12 Months ........

$606,000

$780,750

$812,167

$775,040

27.9%

*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 Jan

$650

Feb

$899,000

Mar Apr

median sales price

May

$525

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$899 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

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Hope Ranch DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$1,495,000

$1,630,500

$3,500,000

$3,640,000

143.5%

Average Price per Square Foot ...........................

$519

$781

$1,056

$999

92.5%

Properties Sold .......................................................

5

4

1

2

-60.0%

Properties Pending Sale .......................................

0

1

1

4

0%

Properties For Sale ................................................

27

27

38

33

22.2%

Days on Market (Pending Sale) ...........................

0

16

263

118

0%

Month’s Supply of Inventory ................................

5.4

6.8

38

16.5

205.6%

Percent Under Contract ........................................

0.0%

3.7%

2.6%

12.1%

0%

Average Median Price for Last 12 Months ........

$2,153,000

$2,934,167

$3,276,667

$2,818,266

30.9%

*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 Jan

$1.495

Feb

$3,640,000

Mar Apr

median sales price

May

$999

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

16.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$3.640 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 : January 2014

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Montecito DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$2,730,000

$1,900,000

$2,492,000

$2,165,000

-20.7%

Average Price per Square Foot ...........................

$895

$771

$1,033

$822

-8.2%

Properties Sold .......................................................

13

22

14

19

46.2%

Properties Pending Sale .......................................

22

16

12

10

-54.5%

Properties For Sale ................................................

218

200

189

144

-33.9%

Days on Market (Pending Sale) ...........................

122

59

116

78

-36.1%

Month’s Supply of Inventory ................................

16.8

9.1

13.5

7.6

-54.8%

Percent Under Contract ........................................

10.1%

8.0%

6.3%

6.9%

-31.2%

Average Median Price for Last 12 Months ........

$2,066,000

$2,369,708

$2,172,917

$2,446,750

18.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $2.730

Jan Feb

$2,165,000

Mar Apr

median sales price

May

$822

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

7.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$2.165 M E 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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Santa Barbara East of State DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$948,500

$943,280

$1,050,000

$1,112,500

17.3%

Average Price per Square Foot ...........................

$489

$588

$576

$573

17.2%

Properties Sold .......................................................

16

28

26

26

62.5%

Properties Pending Sale .......................................

20

21

26

16

-20.0%

Properties For Sale ................................................

118

144

137

92

-22.0%

Days on Market (Pending Sale) ...........................

28

37

61

77

175.0%

Month’s Supply of Inventory ................................

7.4

5.1

5.3

3.5

-52.0%

Percent Under Contract ........................................

16.9%

14.6%

19.0%

17.4%

2.6%

Average Median Price for Last 12 Months ........

$871,000

$1,100,417

$1,095,833

$1,032,298

18.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$948

Feb

$1,112,500

Mar Apr

median sales price

May

$573

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.112 M E 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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Santa Barbara West of State DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$640,000

$925,000

$942,500

$1,055,000

64.8%

Average Price per Square Foot ...........................

$474

$557

$556

$616

30.0%

Properties Sold .......................................................

15

25

20

20

33.3%

Properties Pending Sale .......................................

17

24

19

15

-11.8%

Properties For Sale ................................................

65

76

76

55

-15.4%

Days on Market (Pending Sale) ...........................

40

62

47

25

-37.5%

Month’s Supply of Inventory ................................

4.3

3

3.8

2.8

-36.5%

Percent Under Contract ........................................

26.2%

31.6%

25.0%

27.3%

4.3%

Average Median Price for Last 12 Months ........

$674,000

$923,083

$921,000

$855,265

26.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$640

Feb

$1,055,000

Mar Apr

median sales price

May

$616

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.8 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.055 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

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Santa Ynez DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$715,000

$600,000

$656,000

$992,500

38.8%

Average Price per Square Foot ...........................

$321

$913

$316

$588

83.2%

Properties Sold .......................................................

9

15

5

4

-55.6%

Properties Pending Sale .......................................

10

16

2

12

20.0%

Properties For Sale ................................................

91

118

118

103

13.2%

Days on Market (Pending Sale) ...........................

174

73

44

73

-58.0%

Month’s Supply of Inventory ................................

10.1

7.9

23.6

25.8

154.7%

Percent Under Contract ........................................

11.0%

13.6%

1.7%

11.7%

6.0%

Average Median Price for Last 12 Months ........

$601,000

$710,417

$736,833

$701,942

16.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$715

Feb

$992,500

Mar Apr

median sales price

May

$588

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

25.8 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$992 M E 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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Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : January 2014

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County: MONTEREY Area: 3,771 sq miles Founded: 1850

Micro Market Report : January 2014

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Carmel DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$1,625,000

$1,362,500

$1,050,000

$1,816,875

11.8%

Average Price per Square Foot ...........................

$963

$639

$772

$1,081

12.3%

Properties Sold .......................................................

9

20

11

12

33.3%

Properties Pending Sale .......................................

12

19

17

22

83.3%

Properties For Sale ................................................

149

178

166

146

-2.0%

Days on Market (Pending Sale) ...........................

78

109

174

109

39.7%

Month’s Supply of Inventory ................................

16.6

8.9

15.1

12.2

-26.5%

Percent Under Contract ........................................

8.1%

10.7%

10.2%

15.1%

87.1%

Average Median Price for Last 12 Months ........

$1,110,000

$1,322,438

$1,527,292

$1,315,779

18.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$1.625

Feb

$1,816,875

Mar Apr

median sales price

May

$1,081

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

12.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.816 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

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Carmel Valley DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$673,792

$837,500

$1,058,500

$1,150,000

70.7%

Average Price per Square Foot ...........................

$338

$495

$423

$453

34.0%

Properties Sold .......................................................

10

17

6

5

-50.0%

Properties Pending Sale .......................................

13

9

10

11

-15.4%

Properties For Sale ................................................

87

105

120

89

2.3%

Days on Market (Pending Sale) ...........................

169

80

95

159

-5.9%

Month’s Supply of Inventory ................................

8.7

6.2

20

17.8

104.6%

Percent Under Contract ........................................

14.9%

8.6%

8.3%

12.4%

-17.3%

Average Median Price for Last 12 Months ........

$815,000

$1,083,417

$1,171,667

$918,830

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 Jan

$673

Feb

$1,150,000

Mar Apr

median sales price

May

$453

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

17.8 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

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Pacific Grove DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$599,000

$737,000

$727,900

$772,250

28.9%

Average Price per Square Foot ...........................

$425

$426

$575

$538

26.6%

Properties Sold .......................................................

11

15

15

14

27.3%

Properties Pending Sale .......................................

19

15

11

5

-73.7%

Properties For Sale ................................................

65

70

56

50

-23.1%

Days on Market (Pending Sale) ...........................

72

130

80

26

-63.9%

Month’s Supply of Inventory ................................

5.9

4.7

3.7

3.6

-39.6%

Percent Under Contract ........................................

29.2%

21.4%

19.6%

10.0%

-65.8%

Average Median Price for Last 12 Months ........

$597,000

$735,233

$755,583

$691,204

15.8%

*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 Jan

$599

Feb

$772,250

Mar Apr

median sales price

May

$538

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

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Pebble Beach DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$975,000

$1,237,500

$1,130,000

$1,918,000

96.7%

Average Price per Square Foot ...........................

$481

$538

$589

$744

54.7%

Properties Sold .......................................................

11

12

9

6

-45.5%

Properties Pending Sale .......................................

9

14

5

14

55.6%

Properties For Sale ................................................

83

105

93

85

2.4%

Days on Market (Pending Sale) ...........................

45

87

67

134

197.8%

Month’s Supply of Inventory ................................

7.5

8.7

10.3

14.2

87.8%

Percent Under Contract ........................................

10.8%

13.3%

5.4%

16.5%

51.9%

Average Median Price for Last 12 Months ........

$1,198,000

$1,503,454

$1,648,575

$1,451,210

21.1%

*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 Jan

$975

Feb

$1,918,000

Mar Apr

median sales price

May

$744

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

14.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$1.918 M E 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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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 : January 2014

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : January 2014

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Beverly Center - Miracle Mile DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$572,500

$711,500

$754,500

$495,000

-13.5%

Average Price per Square Foot ...........................

$390

$518

$481

$524

34.4%

Properties Sold .......................................................

6

7

14

5

-16.7%

Properties Pending Sale .......................................

6

7

7

6

0.0%

Properties For Sale ................................................

22

30

40

25

13.6%

Days on Market (Pending Sale) ...........................

33

38

31

88

166.7%

Month’s Supply of Inventory ................................

3.7

4.3

2.9

5

36.4%

Percent Under Contract ........................................

27.3%

23.3%

17.5%

24.0%

-12.0%

Average Median Price for Last 12 Months ........

$522,000

$702,750

$689,167

$619,158

18.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$572

Feb

$495,000

Mar Apr

median sales price

May

$524

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$495 M E 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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Beverly Hills DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$947,500

$880,000

$1,067,500

$1,250,000

31.9%

Average Price per Square Foot ...........................

$516

$1,020

$505

$1,214

135.3%

Properties Sold .......................................................

10

9

8

5

-50.0%

Properties Pending Sale .......................................

9

11

5

10

11.1%

Properties For Sale ................................................

54

47

48

50

-7.4%

Days on Market (Pending Sale) ...........................

131

56

30

65

-50.4%

Month’s Supply of Inventory ................................

5.4

5.2

6

10

85.2%

Percent Under Contract ........................................

16.7%

23.4%

10.4%

20.0%

20.0%

Average Median Price for Last 12 Months ........

$915,000

$961,417

$1,022,500

$907,673

-0.8%

*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 Jan

$947

Feb

$1,250,000

Mar Apr

median sales price

May

$1,214

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

10 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

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Brentwood DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$789,500

$710,000

$715,000

$818,500

3.7%

Average Price per Square Foot ...........................

$461

$498

$492

$483

4.8%

Properties Sold .......................................................

12

18

14

10

-16.7%

Properties Pending Sale .......................................

20

16

12

14

-30.0%

Properties For Sale ................................................

72

74

73

56

-22.2%

Days on Market (Pending Sale) ...........................

61

38

55

42

-31.1%

Month’s Supply of Inventory ................................

6

4.1

5.2

5.6

-6.7%

Percent Under Contract ........................................

27.8%

21.6%

16.4%

25.0%

-10.0%

Average Median Price for Last 12 Months ........

$654,000

$711,167

$728,667

$706,848

8.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$789

Feb

$818,500

Mar Apr

median sales price

May

$483

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.6 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$818 M E 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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Culver City DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$310,000

$431,250

$367,500

$377,000

21.6%

Average Price per Square Foot ...........................

$273

$356

$410

$387

41.8%

Properties Sold .......................................................

11

22

12

8

-27.3%

Properties Pending Sale .......................................

8

14

12

12

50.0%

Properties For Sale ................................................

21

39

36

41

95.2%

Days on Market (Pending Sale) ...........................

95

21

30

19

-80.0%

Month’s Supply of Inventory ................................

1.9

1.8

3

5.1

168.5%

Percent Under Contract ........................................

38.1%

35.9%

33.3%

29.3%

-23.2%

Average Median Price for Last 12 Months ........

$292,000

$403,333

$415,333

$389,197

33.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$310

Feb

$377,000

Mar Apr

median sales price

May

$387

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

5.1 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$377 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

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Encino DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$294,000

$295,000

$266,000

$255,000

-13.3%

Average Price per Square Foot ...........................

$205

$264

$257

$243

18.5%

Properties Sold .......................................................

8

19

14

11

37.5%

Properties Pending Sale .......................................

19

13

9

16

-15.8%

Properties For Sale ................................................

12

23

32

37

208.3%

Days on Market (Pending Sale) ...........................

86

38

29

65

-24.4%

Month’s Supply of Inventory ................................

1.5

1.2

2.3

3.4

124.2%

Percent Under Contract ........................................

158.3%

56.5%

28.1%

43.2%

-72.7%

Average Median Price for Last 12 Months ........

$210,231

$291,500

$279,333

$277,538

32.0%

*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 Jan

$294

Feb

$255,000

Mar Apr

median sales price

May

$243

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

3.4 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$255 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Malibu DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$553,000

$582,500

$980,000

$499,000

-9.8%

Average Price per Square Foot ...........................

$596

$525

$558

$441

-26.0%

Properties Sold .......................................................

1

4

4

3

200.0%

Properties Pending Sale .......................................

5

3

2

1

-80.0%

Properties For Sale ................................................

33

20

26

20

-39.4%

Days on Market (Pending Sale) ...........................

100

100

78

72

-28.0%

Month’s Supply of Inventory ................................

33

5

6.5

6.7

-79.8%

Percent Under Contract ........................................

15.2%

15.0%

7.7%

5.0%

-67.0%

Average Median Price for Last 12 Months ........

$632,000

$770,000

$626,250

$690,091

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 Jan

$553

Feb

$499,000

Mar Apr

median sales price

May

$441

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

6.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$499 M E 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

telesproperties.com


Marina Del Rey DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$543,650

$862,500

$770,000

$719,900

32.4%

Average Price per Square Foot ...........................

$376

$626

$570

$640

70.2%

Properties Sold .......................................................

20

29

22

17

-15.0%

Properties Pending Sale .......................................

27

24

28

18

-33.3%

Properties For Sale ................................................

115

140

168

128

11.3%

Days on Market (Pending Sale) ...........................

79

68

48

80

1.3%

Month’s Supply of Inventory ................................

5.8

4.8

7.6

7.5

30.9%

Percent Under Contract ........................................

23.5%

17.1%

16.7%

14.1%

-40.1%

Average Median Price for Last 12 Months ........

$582,000

$713,426

$692,467

$702,958

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 Jan

$543

Feb

$719,900

Mar Apr

median sales price

May

$640

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

7.5 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$719 M E 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

telesproperties.com


Santa Monica DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$540,000

$830,000

$787,000

$775,000

43.5%

Average Price per Square Foot ...........................

$571

$629

$704

$811

42.0%

Properties Sold .......................................................

18

28

32

17

-5.6%

Properties Pending Sale .......................................

27

43

35

32

18.5%

Properties For Sale ................................................

99

107

119

106

7.1%

Days on Market (Pending Sale) ...........................

66

31

34

60

-9.1%

Month’s Supply of Inventory ................................

5.5

3.8

3.7

6.2

13.4%

Percent Under Contract ........................................

27.3%

40.2%

29.4%

30.2%

10.7%

Average Median Price for Last 12 Months ........

$714,000

$793,292

$757,583

$766,707

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 Jan

$540

Feb

$775,000

Mar Apr

median sales price

May

$811

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

6.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$775 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


Sherman Oaks DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$360,000

$368,000

$365,000

$450,000

25.0%

Average Price per Square Foot ...........................

$240

$285

$295

$304

26.7%

Properties Sold .......................................................

17

20

21

15

-11.8%

Properties Pending Sale .......................................

15

23

19

13

-13.3%

Properties For Sale ................................................

10

29

36

34

240.0%

Days on Market (Pending Sale) ...........................

51

34

53

50

-2.0%

Month’s Supply of Inventory ................................

0.6

1.4

1.7

2.3

285.3%

Percent Under Contract ........................................

150.0%

79.3%

52.8%

38.2%

-74.5%

Average Median Price for Last 12 Months ........

$294,385

$392,333

$408,000

$366,308

24.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$360

Feb

$450,000

Mar Apr

median sales price

May

$304

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

2.3 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


Studio City DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$455,000

$510,000

$450,000

$525,000

15.4%

Average Price per Square Foot ...........................

$340

$342

$351

$397

16.8%

Properties Sold .......................................................

5

13

16

6

20.0%

Properties Pending Sale .......................................

7

11

10

11

57.1%

Properties For Sale ................................................

5

16

24

24

380.0%

Days on Market (Pending Sale) ...........................

51

41

50

54

5.9%

Month’s Supply of Inventory ................................

1

1.2

1.5

4

300.0%

Percent Under Contract ........................................

140.0%

68.8%

41.7%

45.8%

-67.3%

Average Median Price for Last 12 Months ........

$407,769

$456,167

$470,667

$456,692

12.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$455

Feb

$525,000

Mar Apr

median sales price

May

$397

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


Venice DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$1,175,000

$1,275,000

$1,062,500

$0

-100.0%

Average Price per Square Foot ...........................

$684

$788

$631

$0

-100.0%

Properties Sold .......................................................

1

6

4

0

-100.0%

Properties Pending Sale .......................................

3

3

7

5

66.7%

Properties For Sale ................................................

9

18

20

13

44.4%

Days on Market (Pending Sale) ...........................

22

106

44

95

331.8%

Month’s Supply of Inventory ................................

9

3

5

0

0%

Percent Under Contract ........................................

33.3%

16.7%

35.0%

38.5%

15.4%

Average Median Price for Last 12 Months ........

$930,000

$1,011,700

$1,042,000

$1,126,750

21.2%

*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 Jan

$1.175

Feb

No sales

Mar Apr

median sales price

May

No sales

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

No sales MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan M E 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

telesproperties.com


West Hollywood DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$490,000

$505,000

$582,500

$630,000

28.6%

Average Price per Square Foot ...........................

$453

$506

$522

$559

23.4%

Properties Sold .......................................................

27

40

32

17

-37.0%

Properties Pending Sale .......................................

26

41

27

31

19.2%

Properties For Sale ................................................

100

141

138

122

22.0%

Days on Market (Pending Sale) ...........................

35

49

41

36

2.9%

Month’s Supply of Inventory ................................

3.7

3.5

4.3

7.2

93.8%

Percent Under Contract ........................................

26.0%

29.1%

19.6%

25.4%

-2.3%

Average Median Price for Last 12 Months ........

$438,000

$607,417

$681,333

$557,673

27.3%

*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 Jan

$490

Feb

$630,000

Mar Apr

median sales price

May

$559

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

7.2 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$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 : January 2014

telesproperties.com


West LA DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$570,000

$704,500

$549,000

$570,000

0.0%

Average Price per Square Foot ...........................

$373

$447

$462

$416

11.5%

Properties Sold .......................................................

6

14

9

9

50.0%

Properties Pending Sale .......................................

7

19

13

13

85.7%

Properties For Sale ................................................

30

52

52

42

40.0%

Days on Market (Pending Sale) ...........................

48

39

52

48

0.0%

Month’s Supply of Inventory ................................

5

3.7

5.8

4.7

-6.7%

Percent Under Contract ........................................

23.3%

36.5%

25.0%

31.0%

32.7%

Average Median Price for Last 12 Months ........

$542,000

$656,708

$697,417

$647,442

19.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$570

Feb

$570,000

Mar Apr

median sales price

May

$416

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

4.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$570 M E 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

telesproperties.com


Westwood - Century City DATA*

Jan 2013

6 month

3 month

Jan 2014

% change

Median Price ..........................................................

$712,500

$660,000

$952,500

$675,000

-5.3%

Average Price per Square Foot ...........................

$474

$574

$762

$530

11.8%

Properties Sold .......................................................

20

41

38

23

15.0%

Properties Pending Sale .......................................

42

60

44

52

23.8%

Properties For Sale ................................................

227

279

288

269

18.5%

Days on Market (Pending Sale) ...........................

82

42

67

56

-31.7%

Month’s Supply of Inventory ................................

11.4

6.8

7.6

11.7

3.0%

Percent Under Contract ........................................

18.5%

21.5%

15.3%

19.3%

4.5%

Average Median Price for Last 12 Months ........

$609,000

$735,422

$683,000

$698,960

14.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot Jan

$712

Feb

$675,000

Mar Apr

median sales price

May

$530

Jun Jul

AVERAgE PRICE PER SQ FT

Aug Sep Oct

11.7 MONTH’S SUPPLY OF INVENTORY

Nov Dec Jan

$675 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2014

telesproperties.com


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January 2014 | LOS ANGELES, ORANGE, SANTA BARBARA, & MONTEREY COUNTIES Š2014 Teles Properties, Inc. Teles Properties is a registered trademark.


January 2014 Micro Market Report | Teles Properties