Hollywood DATA*
Jan 2014
6 month
3 month
Jan 2015
% change
Median Price ..........................................................
$285,000
$687,000
$917,000
$1,190,000
317.5%
Average Price per Square Foot ...........................
$207
$457
$532
$568
174.4%
Properties Sold .......................................................
1
6
12
6
500.0%
Properties Pending Sale .......................................
3
5
7
7
133.3%
Properties For Sale ................................................
31
21
28
39
25.8%
Days on Market (Pending Sale) ...........................
51
14
30
64
25.5%
Month’s Supply of Inventory ................................
31
3.5
2.3
6.5
-79.0%
Percent Under Contract ........................................
9.7%
23.8%
25.0%
17.9%
85.5%
Average Median Price for Last 12 Months ........
$593,000
$824,333
$895,000
$914,470
35.2%
*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
$285
FEB
$1,190,000
MAR APR
MEDIAN SALES PRICE
MAY
$568
JUN JUL
AVERAGE PRICE PER SQ FT
AUG SEP OCT
6.5 MONTH’S SUPPLY OF INVENTORY
NOV DEC JAN
$1.190 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : January 2015
telesproperties.com