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micro market report luxury real estate market research January 2017 | LOS ANGELES, ORANGE, SANTA BARBARA, MONTEREY, RIVERSIDE, SAN DIEGO


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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

Malibu Beach

Hermosa Beach

Calabasas

Bel Air - Holmby Hills

Marina del Rey

Manhattan Beach

Encino

Beverly Center - Miracle Mile

Mid Los Angeles

Palos Verdes Estates

Glendale

Beverly Hills

Mid Wilshire

Rancho Palos Verdes

La Crescenta North

Beverly Hills P.O.

Pacific Palisades

Redondo Beach - North

Hollywood

Beverlywood

Palms - Mar Vista

Redondo Beach - South

Shadow Hills

Brentwood

Playa del Rey

Rolling Hills

Sherman Oaks

Cheviot Hills - Rancho Park

Playa Vista

Rolling Hills Estates

Studio City

Culver City

Santa Monica

San Pedro

Sun Valley

Hancock Park - Wilshire

Sunset Strip - Hollywood Hills West

Torrance - County Strip

Sunland - Tujunga

Hollywood

Venice

Torrance - North

Tarzana

Hollywood Hills East

West Hollywood

Torrance - Southeast

Toluca Lake

Inglewood

West Los Angeles

Torrance - South

Valley Village

Ladera Heights

Westchester

Torrance - West

Westlake Village

Laurel Canyon

Westwood - Century City

San Fernando Macro

Woodland Hills

Los Feliz

South Bay Macro

Agoura Hills

San Gabriel Valley Macro

Malibu

El Segundo

Burbank

Altadena

Micro Market Report : January 2017

telesproperties.com


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

Arcadia Duarte La Canada Flintridge Monrovia Pasadena San Gabriel San Marino Sierra Madre South Pasadena

Micro Market Report : January 2017

telesproperties.com


Los Angeles County DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$537,000

$599,000

$583,000

$580,500

8.1%

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

$424

$443

$457

$447

5.4%

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

3061

4254

3949

3168

3.5%

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

3512

4851

4611

3669

4.5%

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

15,312

18,640

18,435

14,584

-4.8%

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

54

38

43

52

-3.7%

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

5

4.4

4.7

4.6

-8.0%

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

22.9%

26.0%

25.0%

25.2%

9.7%

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

$537,354

$582,917

$580,167

$576,635

6.8%

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

current market snapshot JAN

$537

FEB

$580,500

MAR APR

MEDIAN SALES PRICE

MAY

$447

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$580 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Bel-Air Holmby Hills DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$2,300,000

$2,600,000

$1,425,000

$1,395,000

-39.3%

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

$873

$1,007

$1,983

$687

-21.3%

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

9

14

13

8

-11.1%

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

8

12

16

13

62.5%

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

102

156

163

143

40.2%

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

48

115

83

63

31.2%

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

11.3

11.1

12.5

17.9

57.7%

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

7.8%

7.7%

9.8%

9.1%

15.9%

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

$2,280,063

$1,717,917

$1,450,833

$2,032,462

-12.2%

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

current market snapshot $2.300

JAN FEB

$1,395,000

MAR APR

MEDIAN SALES PRICE

MAY

$687

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

17.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.395 M E 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 2017

telesproperties.com


Beverly Center - Miracle Mile DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,580,000

$1,650,000

$1,600,000

$1,520,000

-3.8%

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

$685

$727

$671

$710

3.6%

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

11

18

15

11

0.0%

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

12

17

18

19

58.3%

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

74

86

97

93

25.7%

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

47

43

47

73

55.3%

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

6.7

4.8

6.5

8.5

25.7%

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

16.2%

19.8%

18.6%

20.4%

26.0%

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

$1,484,500

$1,602,833

$1,499,833

$1,532,212

3.1%

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

current market snapshot JAN

$1.580

FEB

$1,520,000

MAR APR

MEDIAN SALES PRICE

MAY

$710

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.520 M E 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 2017

telesproperties.com


Beverly Hills DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$4,250,000

$5,088,500

$2,813,655

$4,825,000

13.5%

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

$1,104

$1,178

$1,239

$1,291

16.9%

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

13

14

19

11

-15.4%

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

9

9

15

19

111.1%

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

100

115

127

111

11.0%

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

77

67

47

110

42.9%

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

7.7

8.2

6.7

10.1

31.2%

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

9.0%

7.8%

11.8%

17.1%

90.2%

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

$5,092,448

$4,809,943

$5,850,000

$4,801,973

-6.0%

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

current market snapshot JAN

$4.250

FEB

$4,825,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,291

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$4.825 M E 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 2017

telesproperties.com


Beverly Hills- Post Office DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$4,135,000

$4,917,500

$3,000,000

$2,500,000

-39.5%

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

$1,200

$785

$879

$930

-22.5%

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

8

10

13

7

-12.5%

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

6

16

12

8

33.3%

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

140

190

195

155

10.7%

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

137

67

77

48

-65.0%

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

17.5

19

15

22.1

26.5%

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

4.3%

8.4%

6.2%

5.2%

20.4%

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

$2,661,500

$2,544,383

$2,459,333

$2,772,792

4.0%

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

current market snapshot $4.135

JAN FEB

$2,500,000

MAR APR

MEDIAN SALES PRICE

MAY

$930

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

22.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

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

Micro Market Report : January 2017

telesproperties.com


Beverlywood DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,170,000

$1,320,000

$1,314,000

$1,160,555

-0.8%

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

$667

$699

$624

$696

4.3%

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

14

16

10

17

21.4%

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

9

23

16

14

55.6%

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

51

81

60

42

-17.6%

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

58

33

36

72

24.1%

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

3.6

5.1

6

2.5

-32.2%

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

17.6%

28.4%

26.7%

33.3%

88.9%

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

$1,036,458

$1,256,884

$1,265,352

$1,246,263

16.8%

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

current market snapshot JAN

$1.170

FEB

$1,160,555

MAR APR

MEDIAN SALES PRICE

MAY

$696

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.160 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Brentwood DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$2,208,750

$3,950,000

$2,720,000

$3,185,000

44.2%

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

$888

$999

$1,039

$1,193

34.3%

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

12

15

19

13

8.3%

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

10

27

25

17

70.0%

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

117

162

160

114

-2.6%

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

45

52

67

68

51.1%

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

9.8

10.8

8.4

8.8

-10.1%

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

8.5%

16.7%

15.6%

14.9%

74.5%

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

$2,984,147

$2,747,333

$2,873,000

$2,856,750

-4.5%

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

current market snapshot JAN

$2.208

FEB

$3,185,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,193

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.185 M E 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 2017

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,502,833

$3,175,000

$1,160,000

$1,930,000

28.4%

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

$739

$760

$718

$752

1.8%

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

7

7

3

7

0.0%

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

7

11

9

5

-28.6%

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

32

35

33

30

-6.2%

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

80

22

59

31

-61.3%

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

4.6

5

11

4.3

-6.2%

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

21.9%

31.4%

27.3%

16.7%

-23.8%

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

$1,693,643

$1,780,250

$1,843,833

$1,951,679

13.2%

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

current market snapshot JAN

$1.502

FEB

$1,930,000

MAR APR

MEDIAN SALES PRICE

MAY

$752

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.930 M E 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 2017

telesproperties.com


Culver City DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$938,000

$1,117,750

$1,100,000

$1,100,000

17.3%

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

$589

$699

$660

$661

12.2%

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

16

20

13

17

6.2%

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

10

18

16

12

20.0%

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

45

64

49

47

4.4%

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

82

29

36

35

-57.3%

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

2.8

3.2

3.8

2.8

-1.7%

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

22.2%

28.1%

32.7%

25.5%

14.9%

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

$999,958

$1,130,042

$1,160,083

$1,110,962

10.0%

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

current market snapshot JAN

$938

FEB

$1,100,000

MAR APR

MEDIAN SALES PRICE

MAY

$661

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.8 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 2017

telesproperties.com


Downtown DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$285,000

$362,500

$320,000

$327,450

14.9%

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

$230

$270

$253

$281

22.2%

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

11

6

12

8

-27.3%

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

7

9

8

8

14.3%

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

52

47

43

41

-21.2%

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

103

32

28

68

-34.0%

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

4.7

7.8

3.6

5.1

8.4%

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

13.5%

19.1%

18.6%

19.5%

44.9%

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

$296,326

$323,056

$345,446

$333,113

11.0%

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

current market snapshot JAN

$285

FEB

$327,450

MAR APR

MEDIAN SALES PRICE

MAY

$281

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$327 M E 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 2017

telesproperties.com


Hancock Park - Wilshire DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,330,438

$1,475,000

$1,765,000

$2,500,000

87.9%

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

$618

$673

$764

$737

19.3%

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

18

24

19

19

5.6%

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

17

27

27

25

47.1%

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

111

122

136

105

-5.4%

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

54

50

48

82

51.9%

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

6.2

5.1

7.2

5.5

-10.4%

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

15.3%

22.1%

19.9%

23.8%

55.5%

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

$1,350,370

$1,734,752

$1,934,629

$1,630,842

17.2%

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

current market snapshot JAN

$1.330

FEB

$2,500,000

MAR APR

MEDIAN SALES PRICE

MAY

$737

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

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

Micro Market Report : January 2017

telesproperties.com


Hollywood DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,005,000

$872,000

$1,425,000

$1,185,000

17.9%

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

$568

$537

$685

$687

21.0%

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

5

8

11

9

80.0%

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

11

3

12

3

-72.7%

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

45

32

44

34

-24.4%

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

60

28

11

50

-16.7%

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

9

4

4

3.8

-58.0%

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

24.4%

9.4%

27.3%

8.8%

-63.9%

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

$821,601

$907,333

$804,667

$998,308

17.7%

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

current market snapshot JAN

$1.005

FEB

$1,185,000

MAR APR

MEDIAN SALES PRICE

MAY

$687

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.185 M E 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 2017

telesproperties.com


Hollywood Hills East DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,120,000

$2,562,500

$1,034,995

$1,500,000

33.9%

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

$590

$548

$659

$597

1.2%

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

12

4

6

11

-8.3%

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

11

9

20

15

36.4%

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

57

63

94

81

42.1%

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

56

28

55

58

3.6%

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

5.2

7

4.7

7.4

42.1%

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

19.3%

14.3%

21.3%

18.5%

-4.0%

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

$1,210,857

$1,392,124

$1,388,333

$1,417,057

14.6%

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

current market snapshot JAN

$1.120

FEB

$1,500,000

MAR APR

MEDIAN SALES PRICE

MAY

$597

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Inglewood DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$373,250

$473,000

$480,000

$487,500

30.6%

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

$311

$344

$330

$373

19.9%

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

22

14

15

18

-18.2%

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

17

23

19

18

5.9%

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

79

85

55

56

-29.1%

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

49

57

52

44

-10.2%

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

4.6

3.7

2.9

3.1

-33.1%

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

21.5%

27.1%

34.5%

32.1%

49.4%

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

$402,742

$470,733

$469,133

$453,892

11.3%

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

current market snapshot JAN

$373

FEB

$487,500

MAR APR

MEDIAN SALES PRICE

MAY

$373

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$487 M E 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 2017

telesproperties.com


Ladera Heights DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,226,500

$950,000

$987,500

$902,500

-26.4%

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

$408

$322

$419

$396

-2.9%

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

2

3

4

4

100.0%

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

5

3

2

18

260.0%

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

27

21

16

56

107.4%

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

48

24

120

0

-100.0%

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

5.4

7

8

14

159.3%

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

18.5%

14.3%

12.5%

32.1%

73.6%

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

$955,955

$1,056,667

$1,144,167

$1,006,144

5.0%

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

current market snapshot $1.226

JAN FEB

$902,500

MAR APR

MEDIAN SALES PRICE

MAY

$396

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

14 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$902 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Laurel Canyon DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,331,055

$1,570,000

$2,172,000

$1,710,000

28.5%

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

$720

$767

$812

$741

2.9%

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

17

25

15

21

23.5%

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

14

25

22

27

92.9%

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

125

185

195

158

26.4%

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

49

51

43

55

12.2%

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

8.9

7.4

8.9

5.9

-34.5%

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

11.2%

13.5%

11.3%

17.1%

52.6%

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

$1,466,186

$1,707,881

$1,611,333

$1,607,257

9.6%

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

current market snapshot JAN

$1.331

FEB

$1,710,000

MAR APR

MEDIAN SALES PRICE

MAY

$741

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.710 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Los Feliz DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,329,000

$1,325,000

$1,825,500

$1,515,000

14.0%

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

$655

$660

$555

$595

-9.2%

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

15

15

14

11

-26.7%

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

16

19

16

18

12.5%

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

79

90

107

90

13.9%

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

59

74

79

99

67.8%

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

4.9

4.7

6.7

8.2

65.7%

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

20.3%

21.1%

15.0%

20.0%

-1.2%

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

$1,409,846

$1,687,902

$1,660,637

$1,625,859

13.3%

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

current market snapshot JAN

$1.329

FEB

$1,515,000

MAR APR

MEDIAN SALES PRICE

MAY

$595

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.515 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 2017

telesproperties.com


Malibu DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$2,512,500

$2,030,000

$1,829,500

$2,250,000

-10.4%

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

$866

$696

$992

$841

-2.9%

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

10

13

14

15

50.0%

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

15

20

12

11

-26.7%

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

203

226

225

192

-5.4%

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

83

103

136

145

74.7%

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

20.3

17.4

16.1

12.8

-36.9%

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

7.4%

8.8%

5.3%

5.7%

-22.5%

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

$2,317,136

$2,620,750

$2,908,333

$2,482,654

6.7%

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

current market snapshot JAN

$2.512

FEB

$2,250,000

MAR APR

MEDIAN SALES PRICE

MAY

$841

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

12.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.250 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 2017

telesproperties.com


Malibu Beach DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$10,400,000

$2,611,500

$3,850,000

$16,000,000

53.8%

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

$3,806

$1,302

$2,832

$7,039

84.9%

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

4

2

3

1

-75.0%

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

4

7

1

2

-50.0%

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

75

101

79

74

-1.3%

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

103

88

188

178

72.8%

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

18.8

50.5

26.3

74

294.7%

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

5.3%

6.9%

1.3%

2.7%

-49.3%

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

$6,072,500

$7,252,875

$9,422,416

$7,321,250

17.1%

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

current market snapshot JAN

$10.400

FEB

$16,000,000

MAR APR

MEDIAN SALES PRICE

MAY

$7,039

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

74 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$16.000 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 2017

telesproperties.com


Marina Del Rey DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,992,500

$3,450,000

$1,487,525

$1,310,000

-34.3%

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

$685

$818

$779

$793

15.8%

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

4

1

5

1

-75.0%

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

5

5

7

6

20.0%

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

29

29

27

30

3.4%

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

45

58

19

34

-24.4%

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

7.2

29

5.4

30

313.8%

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

17.2%

17.2%

25.9%

20.0%

16.0%

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

$1,666,236

$1,310,754

$1,249,833

$1,414,348

-17.8%

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

current market snapshot $1.992

JAN FEB

$1,310,000

MAR APR

MEDIAN SALES PRICE

MAY

$793

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

30 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.310 M E 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 2017

telesproperties.com


Mid Los Angeles DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$495,000

$705,000

$610,250

$700,000

41.4%

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

$370

$394

$415

$409

10.5%

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

36

43

34

31

-13.9%

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

36

32

39

32

-11.1%

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

141

127

142

104

-26.2%

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

55

24

51

46

-16.4%

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

3.9

3

4.2

3.4

-14.3%

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

25.5%

25.2%

27.5%

30.8%

20.5%

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

$519,130

$615,256

$624,583

$602,171

13.8%

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

current market snapshot JAN

$495

FEB

$700,000

MAR APR

MEDIAN SALES PRICE

MAY

$409

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.4 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 2017

telesproperties.com


Mid Wilshire DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$815,000

$939,500

$1,100,000

$870,000

6.7%

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

$320

$344

$432

$587

83.4%

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

2

4

1

3

50.0%

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

2

2

5

7

250.0%

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

24

16

22

26

8.3%

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

51

11

31

96

88.2%

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

12

4

22

8.7

-27.8%

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

8.3%

12.5%

22.7%

26.9%

223.1%

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

$717,850

$861,042

$799,750

$820,519

12.5%

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

current market snapshot JAN

$815

FEB

$870,000

MAR APR

MEDIAN SALES PRICE

MAY

$587

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$870 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Pacific Palisades DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$2,964,750

$2,525,000

$3,500,000

$3,992,500

34.7%

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

$1,014

$988

$1,045

$1,069

5.4%

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

16

24

19

20

25.0%

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

23

22

35

21

-8.7%

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

135

155

159

114

-15.6%

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

81

44

57

81

0.0%

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

8.4

6.5

8.4

5.7

-32.4%

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

17.0%

14.2%

22.0%

18.4%

8.1%

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

$2,908,323

$3,268,447

$3,503,500

$2,907,648

-0.0%

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

current market snapshot JAN

$2.964

FEB

$3,992,500

MAR APR

MEDIAN SALES PRICE

MAY

$1,069

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.992 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 2017

telesproperties.com


Palms - Mar Vista DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,200,000

$1,419,500

$1,450,000

$1,409,500

17.5%

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

$790

$731

$793

$729

-7.7%

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

19

34

22

20

5.3%

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

21

26

32

13

-38.1%

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

65

83

91

54

-16.9%

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

43

36

26

65

51.2%

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

3.4

2.4

4.1

2.7

-21.1%

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

32.3%

31.3%

35.2%

24.1%

-25.5%

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

$1,206,823

$1,448,000

$1,476,500

$1,359,694

11.2%

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

current market snapshot JAN

$1.200

FEB

$1,409,500

MAR APR

MEDIAN SALES PRICE

MAY

$729

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.409 M E 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 2017

telesproperties.com


Playa Del Rey DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,612,500

$1,329,500

$1,338,000

$1,524,500

-5.5%

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

$730

$584

$613

$532

-27.1%

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

2

4

3

2

0.0%

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

3

3

5

3

0.0%

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

13

20

24

15

15.4%

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

64

109

46

96

50.0%

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

6.5

5

8

7.5

15.4%

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

23.1%

15.0%

20.8%

20.0%

-13.3%

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

$1,784,625

$1,496,625

$1,423,167

$1,542,694

-15.7%

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

current market snapshot JAN

$1.612

FEB

$1,524,500

MAR APR

MEDIAN SALES PRICE

MAY

$532

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.524 M E 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 2017

telesproperties.com


Playa Vista DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$0

$1,909,250

$2,100,000

$1,755,000

n/a

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

$0

$806

$520

$714

n/a

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

0

2

1

3

n/a

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

0

0

4

2

n/a

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

5

9

12

10

100.0%

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

0

80

46

44

n/a

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

n/a

4.5

12

0.2

n/a

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

0.0%

0.0%

33.3%

20.0%

n/a

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

$1,535,267

$2,012,000

$2,020,000

$1,907,917

24.3%

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

current market snapshot JAN FEB

$1,755,000

MAR APR

MEDIAN SALES PRICE

MAY

$714

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

0.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.755 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Santa Monica DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$2,200,000

$2,150,000

$2,330,000

$2,876,000

30.7%

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

$954

$1,055

$1,015

$1,142

19.7%

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

10

20

14

19

90.0%

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

12

14

18

9

-25.0%

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

95

85

91

63

-33.7%

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

38

38

38

64

68.4%

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

9.5

4.2

6.5

3.3

-65.1%

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

12.6%

16.5%

19.8%

14.3%

13.1%

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

$2,384,791

$2,494,991

$2,434,333

$2,504,611

4.8%

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

current market snapshot JAN

$2.200

FEB

$2,876,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,142

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.876 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$2,270,000

$1,890,000

$1,666,001

$1,680,000

-26.0%

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

$1,168

$882

$824

$844

-27.7%

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

26

31

21

38

46.2%

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

22

50

36

40

81.8%

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

273

340

35

311

13.9%

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

77

73

39

81

5.2%

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

10.5

11

1.7

8.2

-22.1%

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

8.1%

14.7%

102.9%

12.9%

59.6%

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

$1,697,038

$1,703,142

$1,692,450

$1,779,027

4.6%

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

current market snapshot $2.270

JAN FEB

$1,680,000

MAR APR

MEDIAN SALES PRICE

MAY

$844

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Venice DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$2,162,500

$1,725,000

$1,856,000

$1,511,825

-30.1%

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

$1,115

$945

$1,068

$1,025

-8.1%

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

13

23

17

10

-23.1%

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

9

23

24

13

44.4%

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

79

105

120

95

20.3%

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

55

42

58

39

-29.1%

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

6.1

4.6

7.1

9.5

56.3%

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

11.4%

21.9%

20.0%

13.7%

20.1%

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

$1,835,216

$1,834,357

$1,803,942

$1,845,364

0.6%

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

current market snapshot $2.162

JAN FEB

$1,511,825

MAR APR

MEDIAN SALES PRICE

MAY

$1,025

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.511 M E 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 2017

telesproperties.com


West Hollywood DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,493,250

$1,555,000

$1,679,525

$1,915,000

28.2%

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

$992

$790

$903

$773

-22.1%

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

8

9

12

6

-25.0%

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

8

10

10

10

25.0%

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

44

75

76

65

47.7%

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

26

31

41

58

123.1%

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

5.5

8.3

6.3

10.8

97.0%

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

18.2%

13.3%

13.2%

15.4%

-15.4%

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

$1,490,357

$1,666,671

$1,777,667

$1,592,848

6.4%

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

current market snapshot JAN

$1.493

FEB

$1,915,000

MAR APR

MEDIAN SALES PRICE

MAY

$773

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.915 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 2017

telesproperties.com


West Los Angeles DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,092,500

$1,128,500

$932,500

$877,500

-19.7%

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

$684

$715

$676

$737

7.7%

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

6

8

9

6

0.0%

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

6

14

9

6

0.0%

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

34

47

39

28

-17.6%

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

40

19

32

80

100.0%

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

5.7

5.9

4.3

4.7

-17.6%

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

17.6%

29.8%

23.1%

21.4%

21.4%

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

$938,044

$948,125

$998,750

$1,022,173

9.0%

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

current market snapshot $1.092

JAN FEB

$877,500

MAR APR

MEDIAN SALES PRICE

MAY

$737

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$877 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Westchester DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,072,000

$1,160,000

$1,180,000

$975,000

-9.0%

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

$556

$608

$638

$564

1.4%

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

15

27

24

19

26.7%

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

21

33

29

24

14.3%

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

59

92

103

57

-3.4%

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

48

24

32

44

-8.3%

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

3.9

3.4

4.3

3

-23.7%

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

35.6%

35.9%

28.2%

42.1%

18.3%

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

$928,319

$1,066,875

$1,033,333

$1,055,842

13.7%

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

current market snapshot JAN

$1.072

FEB

$975,000

MAR APR

MEDIAN SALES PRICE

MAY

$564

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

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

Micro Market Report : January 2017

telesproperties.com


Westwood - Century City DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,715,000

$1,572,000

$1,774,000

$1,885,000

9.9%

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

$837

$820

$823

$838

0.1%

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

12

13

26

13

8.3%

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

10

18

21

10

0.0%

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

54

75

77

50

-7.4%

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

29

55

40

41

41.4%

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

4.5

5.8

3

3.8

-14.5%

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

18.5%

24.0%

27.3%

20.0%

8.0%

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

$1,739,322

$1,831,917

$1,858,333

$1,869,241

7.5%

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

current market snapshot JAN

$1.715

FEB

$1,885,000

MAR APR

MEDIAN SALES PRICE

MAY

$838

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.885 M E 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 2017

telesproperties.com


South Bay Macro Market DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,157,030

$1,239,839

$1,296,397

$1,478,550

27.8%

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

$591

$601

$617

$620

4.9%

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

162

261

231

168

3.7%

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

171

271

251

167

-2.3%

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

721

1,113

947

686

-4.9%

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

46

39

44

51

11.0%

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

4.5

4.3

4.1

4.1

-8.3%

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

23.7%

24.3%

26.5%

24.3%

2.6%

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

$1,219,989

$1,275,404

$1,353,408

$1,312,644

7.6%

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

current market snapshot JAN

$1.157

FEB

$1,478,550

MAR APR

MEDIAN SALES PRICE

MAY

$620

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.478 M E 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 2017

telesproperties.com


El Segundo DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,153,162

$1,315,000

$1,249,950

$1,382,500

19.9%

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

$530

$709

$658

$544

2.6%

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

6

9

4

6

0.0%

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

7

8

8

3

-57.1%

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

18

30

21

18

0.0%

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

83

50

61

63

-24.1%

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

3

3.3

5.2

3

0.0%

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

38.9%

26.7%

38.1%

16.7%

-57.1%

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

$1,035,222

$1,306,658

$1,400,833

$1,283,073

23.9%

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

current market snapshot JAN

$1.153

FEB

$1,382,500

MAR APR

MEDIAN SALES PRICE

MAY

$544

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.382 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Hermosa Beach DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$2,108,750

$1,650,500

$2,100,000

$1,887,500

-10.5%

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

$1,121

$946

$1,143

$886

-21.0%

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

6

14

15

4

-33.3%

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

2

14

12

8

300.0%

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

26

71

55

40

53.8%

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

8

43

41

100

1150.0%

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

4.3

5.1

3.7

10

130.8%

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

7.7%

19.7%

21.8%

20.0%

160.0%

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

$1,914,563

$1,814,167

$1,811,667

$1,709,587

-10.7%

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

current market snapshot JAN

$2.108

FEB

$1,887,500

MAR APR

MEDIAN SALES PRICE

MAY

$886

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.887 M E 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 2017

telesproperties.com


Manhattan Beach DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,770,000

$2,582,000

$2,250,000

$2,900,000

63.8%

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

$854

$949

$1,001

$1,317

54.2%

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

15

25

38

17

13.3%

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

20

35

24

20

0.0%

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

83

175

140

105

26.5%

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

50

55

37

44

-12.0%

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

5.5

7

3.7

6.2

11.6%

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

24.1%

20.0%

17.1%

19.0%

-21.0%

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

$2,166,083

$2,203,333

$2,313,333

$2,227,654

2.8%

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

current market snapshot JAN

$1.770

FEB

$2,900,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,317

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.900 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 2017

telesproperties.com


Palos Verdes Estates DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,439,000

$2,310,000

$2,100,000

$2,039,500

41.7%

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

$647

$712

$713

$663

2.5%

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

7

19

9

12

71.4%

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

16

15

13

18

12.5%

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

73

95

83

74

1.4%

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

50

67

48

46

-8.0%

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

10.4

5

9.2

6.2

-40.9%

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

21.9%

15.8%

15.7%

24.3%

11.0%

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

$1,768,058

$1,960,850

$1,862,867

$1,872,527

5.9%

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

current market snapshot JAN

$1.439

FEB

$2,039,500

MAR APR

MEDIAN SALES PRICE

MAY

$663

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.039 M E 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 2017

telesproperties.com


Rancho Palos Verdes DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,174,500

$1,291,000

$1,325,000

$1,236,500

5.3%

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

$561

$528

$510

$550

-2.0%

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

22

41

37

22

0.0%

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

19

42

48

21

10.5%

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

113

183

171

98

-13.3%

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

78

43

50

54

-30.8%

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

5.1

4.5

4.6

4.5

-13.3%

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

16.8%

23.0%

28.1%

21.4%

27.4%

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

$1,173,090

$1,282,125

$1,294,167

$1,273,904

8.6%

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

current market snapshot JAN

$1.174

FEB

$1,236,500

MAR APR

MEDIAN SALES PRICE

MAY

$550

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.236 M E 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 2017

telesproperties.com


Redondo Beach- North DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$897,500

$1,100,000

$950,000

$875,000

-2.5%

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

$542

$580

$645

$618

14.0%

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

12

17

15

10

-16.7%

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

10

13

19

13

30.0%

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

30

46

43

34

13.3%

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

14

13

22

42

200.0%

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

2.5

2.7

2.9

3.4

36.0%

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

33.3%

28.3%

44.2%

38.2%

14.7%

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

$882,090

$950,917

$964,500

$924,365

4.8%

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

current market snapshot JAN

$897

FEB

$875,000

MAR APR

MEDIAN SALES PRICE

MAY

$618

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Redondo Beach- South DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,072,500

$1,403,000

$1,299,500

$1,520,000

41.7%

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

$673

$669

$678

$758

12.6%

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

12

16

14

10

-16.7%

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

8

18

17

9

12.5%

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

31

57

55

36

16.1%

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

35

28

50

32

-8.6%

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

2.6

3.6

3.9

3.6

39.4%

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

25.8%

31.6%

30.9%

25.0%

-3.1%

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

$1,200,271

$1,360,496

$1,471,658

$1,353,806

12.8%

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

current market snapshot JAN

$1.072

FEB

$1,520,000

MAR APR

MEDIAN SALES PRICE

MAY

$758

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.520 M E 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 2017

telesproperties.com


Rolling Hills DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$0

$0

$2,550,000

$3,950,000

n/a

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

$0

$0

$872

$776

n/a

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

0

0

3

1

n/a

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

2

2

2

1

-50.0%

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

22

32

31

25

13.6%

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

44

65

82

116

163.6%

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

n/a

n/a

10.3

25

n/a

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

9.1%

6.2%

6.5%

4.0%

-56.0%

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

$2,838,125

$3,176,250

$4,252,500

$3,334,961

17.5%

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

current market snapshot JAN FEB

$3,950,000

MAR APR

MEDIAN SALES PRICE

MAY

$776

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

25 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.950 M E 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 2017

telesproperties.com


Rolling Hills Estates DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$2,756,000

$1,766,000

$1,442,500

$2,300,000

-16.5%

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

$824

$681

$511

$578

-29.9%

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

2

3

2

3

50.0%

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

5

7

7

4

-20.0%

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

20

41

36

19

-5.0%

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

26

47

105

64

146.2%

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

10

13.7

18

6.3

-36.7%

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

25.0%

17.1%

19.4%

21.1%

-15.8%

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

$1,598,917

$1,604,501

$1,809,883

$1,641,693

2.7%

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

current market snapshot JAN

$2.756

FEB

$2,300,000

MAR APR

MEDIAN SALES PRICE

MAY

$578

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.300 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 2017

telesproperties.com


San Pedro DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$529,000

$579,000

$659,000

$671,000

26.8%

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

$357

$407

$377

$387

8.4%

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

26

39

28

22

-15.4%

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

30

29

27

32

6.7%

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

116

141

119

113

-2.6%

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

68

53

49

40

-41.2%

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

4.5

3.6

4.2

5.1

15.1%

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

25.9%

20.6%

22.7%

28.3%

9.5%

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

$552,583

$632,333

$624,500

$609,693

10.3%

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

current market snapshot JAN

$529

FEB

$671,000

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

$671 M E 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 2017

telesproperties.com


Torrance- County Strip DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$460,000

$500,000

$529,000

$529,500

15.1%

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

$395

$374

$332

$346

-12.4%

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

5

9

4

10

100.0%

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

7

5

8

3

-57.1%

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

24

20

27

17

-29.2%

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

31

22

22

55

77.4%

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

4.8

2.2

6.8

1.7

-64.6%

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

29.2%

25.0%

29.6%

17.6%

-39.5%

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

$473,771

$532,233

$524,967

$507,492

7.1%

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

current market snapshot JAN

$460

FEB

$529,500

MAR APR

MEDIAN SALES PRICE

MAY

$346

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$529 M E 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 2017

telesproperties.com


Torrance- North DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$595,000

$610,000

$630,000

$655,500

10.2%

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

$411

$469

$443

$413

0.5%

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

13

18

17

12

-7.7%

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

11

18

26

16

45.5%

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

49

60

55

32

-34.7%

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

63

18

26

40

-36.5%

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

3.8

3.3

3.2

2.7

-29.3%

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

22.4%

30.0%

47.3%

50.0%

122.7%

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

$467,958

$641,917

$648,833

$625,577

33.7%

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

current market snapshot JAN

$595

FEB

$655,500

MAR APR

MEDIAN SALES PRICE

MAY

$413

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

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

Micro Market Report : January 2017

telesproperties.com


Torrance- South DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$733,012

$848,000

$822,500

$865,000

18.0%

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

$466

$506

$502

$539

15.7%

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

16

20

20

21

31.2%

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

15

21

16

7

-53.3%

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

42

64

55

31

-26.2%

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

28

28

15

12

-57.1%

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

2.6

3.2

2.8

1.5

-43.8%

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

35.7%

32.8%

29.1%

22.6%

-36.8%

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

$842,408

$878,438

$881,043

$866,211

2.8%

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

current market snapshot JAN

$733

FEB

$865,000

MAR APR

MEDIAN SALES PRICE

MAY

$539

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$865 M E 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 2017

telesproperties.com


Torrance- Southeast DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$680,000

$593,250

$691,000

$560,000

-17.6%

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

$401

$386

$415

$382

-4.7%

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

9

14

9

8

-11.1%

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

9

20

8

3

-66.7%

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

45

54

23

18

-60.0%

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

80

28

32

21

-73.8%

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

5

3.9

2.6

2.2

-55.0%

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

20.0%

37.0%

34.8%

16.7%

-16.7%

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

$600,625

$647,417

$667,000

$641,673

6.8%

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

current market snapshot $680

JAN FEB

$560,000

MAR APR

MEDIAN SALES PRICE

MAY

$382

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$560 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Torrance- West DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$830,000

$810,000

$847,500

$806,250

-2.9%

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

$493

$495

$456

$547

11.0%

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

11

17

16

10

-9.1%

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

10

24

16

9

-10.0%

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

29

44

33

26

-10.3%

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

26

31

27

30

15.4%

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

2.6

2.6

2.1

2.6

-1.4%

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

34.5%

54.5%

48.5%

34.6%

0.4%

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

$786,075

$815,458

$797,417

$817,442

4.0%

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

current market snapshot JAN

$830

FEB

$806,250

MAR APR

MEDIAN SALES PRICE

MAY

$547

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$806 M E 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 2017

telesproperties.com


San Fernando Valley Macro Market DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$955,938

$992,294

$904,353

$998,000

4.4%

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

$418

$452

$444

$467

11.9%

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

19

34

30

21

11.5%

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

24

35

32

25

8.1%

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

56

90

83

55

-2.7%

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

82

62

62

73

-10.4%

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

3

2.7

2.8

2.6

-12.7%

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

41.8%

38.8%

38.6%

46.5%

11.2%

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

$812,018

$957,608

$957,667

$897,442

10.5%

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

current market snapshot JAN

$955

FEB

$998,000

MAR APR

MEDIAN SALES PRICE

MAY

$467

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$998 M E 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 2017

telesproperties.com


Agoura Hills DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,099,000

$910,000

$838,000

$820,000

-25.4%

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

$337

$396

$381

$367

8.9%

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

15

32

12

14

-6.7%

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

13

20

25

16

23.1%

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

48

67

62

41

-14.6%

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

141

54

84

65

-53.9%

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

3.2

2.1

5.2

2.9

-8.5%

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

27.1%

29.9%

40.3%

39.0%

44.1%

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

$908,333

$833,667

$821,667

$863,231

-5.0%

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

current market snapshot $1.099

JAN FEB

$820,000

MAR APR

MEDIAN SALES PRICE

MAY

$367

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$820 M E 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 2017

telesproperties.com


Burbank DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$720,000

$735,000

$770,000

$815,000

13.2%

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

$455

$493

$481

$493

8.4%

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

21

59

50

39

85.7%

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

48

60

48

41

-14.6%

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

65

118

94

54

-16.9%

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

60

50

45

56

-6.7%

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

3.1

2

1.9

1.4

-55.3%

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

73.8%

50.8%

51.1%

75.9%

2.8%

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

$701,667

$775,833

$783,000

$747,462

6.5%

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

current market snapshot JAN

$720

FEB

$815,000

MAR APR

MEDIAN SALES PRICE

MAY

$493

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$815 M E 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 2017

telesproperties.com


Calabasas DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,890,000

$1,105,000

$1,318,000

$1,503,000

-20.5%

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

$457

$441

$442

$437

-4.4%

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

18

22

29

8

-55.6%

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

24

28

17

13

-45.8%

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

65

109

107

75

15.4%

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

172

70

79

93

-45.9%

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

3.6

5

3.7

9.4

159.6%

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

36.9%

25.7%

15.9%

17.3%

-53.1%

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

$1,261,083

$1,459,167

$1,294,333

$1,475,154

17.0%

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

current market snapshot $1.890

JAN FEB

$1,503,000

MAR APR

MEDIAN SALES PRICE

MAY

$437

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.503 M E 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 2017

telesproperties.com


Encino DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,106,000

$1,375,000

$920,000

$1,605,000

45.1%

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

$461

$528

$473

$502

8.9%

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

40

47

31

32

-20.0%

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

27

47

46

28

3.7%

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

91

126

136

99

8.8%

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

75

62

70

89

18.7%

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

2.3

2.7

4.4

3.1

36.0%

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

29.7%

37.3%

33.8%

28.3%

-4.7%

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

$1,143,979

$1,282,333

$1,488,667

$1,248,077

9.1%

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

current market snapshot JAN

$1.106

FEB

$1,605,000

MAR APR

MEDIAN SALES PRICE

MAY

$502

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.605 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Glendale DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$880,000

$837,000

$859,000

$899,000

2.2%

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

$481

$476

$432

$458

-4.8%

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

44

60

59

65

47.7%

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

50

60

67

50

0.0%

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

74

128

118

70

-5.4%

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

52

38

42

49

-5.8%

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

1.6

2.3

2.5

1.7

6.1%

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

58.3%

47.7%

43.3%

67.6%

15.8%

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

$796,917

$877,500

$884,000

$850,500

6.7%

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

current market snapshot JAN

$775

FEB

$899,000

MAR APR

MEDIAN SALES PRICE

MAY

$458

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$880 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


La Crescenta DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$760,000

$832,000

$785,000

$898,000

18.2%

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

$449

$481

$484

$538

19.8%

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

13

22

21

10

-23.1%

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

13

22

21

10

-23.1%

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

20

47

28

17

-15.0%

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

58

51

56

60

3.4%

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

1.5

2.1

1.3

1.7

10.5%

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

65.0%

46.8%

75.0%

58.8%

-9.5%

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

$757,500

$812,167

$809,667

$799,615

5.6%

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

current market snapshot JAN

$760

FEB

$898,000

MAR APR

MEDIAN SALES PRICE

MAY

$538

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$898 M E 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 2017

telesproperties.com


North Hollywood DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$508,000

$534,000

$513,000

$570,000

12.2%

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

$345

$367

$447

$416

20.6%

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

26

38

29

29

11.5%

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

36

37

31

30

-16.7%

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

49

55

73

42

-14.3%

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

54

55

66

79

46.3%

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

1.9

1.4

2.5

1.4

-23.2%

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

73.5%

67.3%

42.5%

71.4%

-2.8%

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

$490,958

$540,333

$571,000

$527,154

7.4%

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

current market snapshot JAN

$508

FEB

$570,000

MAR APR

MEDIAN SALES PRICE

MAY

$416

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.4 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 2017

telesproperties.com


Shadow Hills DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$609,000

$765,000

$610,000

$667,000

9.5%

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

$392

$325

$365

$508

29.6%

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

2

4

5

3

50.0%

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

3

4

4

5

66.7%

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

14

19

15

13

-7.1%

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

78

127

76

67

-14.1%

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

7

4.8

3

4.3

-38.1%

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

21.4%

21.1%

26.7%

38.5%

79.5%

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

$697,333

$694,500

$724,667

$754,000

8.1%

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

current market snapshot JAN

$609

FEB

$667,000

MAR APR

MEDIAN SALES PRICE

MAY

$508

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$667 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Sherman Oaks DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,051,000

$1,171,000

$1,225,000

$994,000

-5.4%

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

$460

$499

$507

$502

9.1%

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

34

63

59

38

11.8%

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

45

60

57

62

37.8%

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

105

158

163

104

-1.0%

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

58

70

61

72

24.1%

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

3.1

2.5

2.8

2.7

-11.4%

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

42.9%

38.0%

35.0%

59.6%

39.1%

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

$971,021

$1,162,500

$1,100,333

$1,133,077

16.7%

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

current market snapshot JAN

$1.051

FEB

$994,000

MAR APR

MEDIAN SALES PRICE

MAY

$502

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$994 M E 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 2017

telesproperties.com


Studio City DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,260,000

$1,475,000

$1,359,000

$1,483,000

17.7%

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

$562

$618

$590

$629

11.9%

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

18

33

30

18

0.0%

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

28

31

38

19

-32.1%

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

72

103

81

67

-6.9%

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

89

53

66

115

29.2%

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

4

3.1

2.7

3.7

-6.9%

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

38.9%

30.1%

46.9%

28.4%

-27.1%

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

$1,287,292

$1,426,500

$1,361,667

$1,409,000

9.5%

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

current market snapshot JAN

$1.260

FEB

$1,483,000

MAR APR

MEDIAN SALES PRICE

MAY

$629

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.7 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 2017

telesproperties.com


Sun Valley DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$425,000

$465,000

$483,000

$525,000

23.5%

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

$290

$353

$365

$361

24.5%

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

10

21

16

13

30.0%

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

14

20

15

18

28.6%

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

28

22

27

18

-35.7%

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

71

38

31

46

-35.2%

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

2.8

1

1.7

1.4

-50.5%

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

50.0%

90.9%

55.6%

100.0%

100.0%

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

$436,167

$503,500

$510,000

$484,000

11.0%

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

current market snapshot JAN

$425

FEB

$525,000

MAR APR

MEDIAN SALES PRICE

MAY

$361

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.4 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 2017

telesproperties.com


Sunland/Tujunga DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$548,000

$565,000

$565,000

$548,000

0.0%

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

$310

$376

$375

$367

18.4%

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

20

33

33

26

30.0%

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

23

52

29

30

30.4%

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

52

73

76

37

-28.8%

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

74

56

53

72

-2.7%

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

2.6

2.2

2.3

1.4

-45.3%

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

44.2%

71.2%

38.2%

81.1%

83.3%

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

$495,792

$566,833

$570,000

$548,077

10.5%

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

current market snapshot JAN

$548

FEB

$548,000

MAR APR

MEDIAN SALES PRICE

MAY

$367

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$548 M E 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 2017

telesproperties.com


Tarzana DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$842,000

$1,161,000

$1,059,000

$1,038,000

23.3%

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

$367

$430

$356

$405

10.4%

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

20

23

18

16

-20.0%

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

21

32

30

35

66.7%

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

61

100

93

49

-19.7%

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

63

78

73

102

61.9%

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

3

4.3

5.2

3.1

0.4%

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

34.4%

32.0%

32.3%

71.4%

107.5%

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

$893,500

$1,047,500

$1,082,000

$1,009,692

13.0%

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

current market snapshot JAN

$842

FEB

$1,038,000

MAR APR

MEDIAN SALES PRICE

MAY

$405

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.038 M E 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 2017

telesproperties.com


Toluca Lake DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,743,000

$1,975,000

$1,087,000

$1,521,000

-12.7%

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

$605

$547

$578

$541

-10.6%

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

6

5

5

6

0.0%

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

7

5

7

3

-57.1%

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

11

20

20

18

63.6%

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

82

95

43

67

-18.3%

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

1.8

4

4

3

63.6%

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

63.6%

25.0%

35.0%

16.7%

-73.8%

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

$1,097,958

$1,353,500

$1,489,667

$1,390,923

26.7%

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

current market snapshot JAN

$1.743

FEB

$1,521,000

MAR APR

MEDIAN SALES PRICE

MAY

$541

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.521 M E 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 2017

telesproperties.com


Valley Village DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$777,000

$886,000

$765,000

$1,079,000

38.9%

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

$457

$502

$440

$474

3.7%

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

7

21

14

12

71.4%

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

8

21

18

12

50.0%

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

17

35

45

22

29.4%

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

90

52

74

61

-32.2%

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

2.4

1.7

3.2

1.8

-24.5%

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

47.1%

60.0%

40.0%

54.5%

15.9%

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

$862,000

$936,167

$941,333

$896,923

4.1%

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

current market snapshot JAN

$777

FEB

$1,079,000

MAR APR

MEDIAN SALES PRICE

MAY

$474

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.079 M E 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 2017

telesproperties.com


Westlake Village DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,109,000

$1,300,000

$1,443,000

$1,265,000

14.1%

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

$387

$473

$454

$598

54.5%

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

19

23

30

10

-47.4%

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

14

32

33

18

28.6%

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

78

130

105

86

10.3%

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

78

57

76

72

-7.7%

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

4.1

5.7

3.5

8.6

109.5%

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

17.9%

24.6%

31.4%

20.9%

16.6%

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

$1,111,500

$1,256,000

$1,105,000

$1,191,154

7.2%

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

current market snapshot JAN

$1.109

FEB

$1,265,000

MAR APR

MEDIAN SALES PRICE

MAY

$598

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

8.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.265 M E 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 2017

telesproperties.com


Woodland Hills DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$848,000

$778,000

$775,000

$755,000

-11.0%

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

$349

$386

$370

$325

-6.9%

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

35

64

61

42

20.0%

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

52

65

62

42

-19.2%

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

123

227

175

113

-8.1%

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

66

55

59

78

18.2%

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

3.5

3.5

2.9

2.7

-23.4%

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

42.3%

28.6%

35.4%

37.2%

-12.1%

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

$736,167

$754,500

$749,667

$765,692

4.0%

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

current market snapshot JAN

$848

FEB

$755,000

MAR APR

MEDIAN SALES PRICE

MAY

$325

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$755 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


San Gabriel Valley Macro Market DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$962,083

$1,039,500

$1,041,083

$1,209,917

25.8%

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

$491

$532

$530

$513

4.6%

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

17

26

23

17

0.0%

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

21

30

27

19

-9.4%

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

53

79

66

49

-6.3%

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

64

48

56

68

5.8%

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

3.2

3.1

2.9

3

-6.3%

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

40.3%

37.5%

39.9%

38.9%

-3.3%

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

$995,033

$1,051,542

$1,086,778

$1,029,135

3.4%

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

current market snapshot JAN

$962

FEB

$1,209,917

MAR APR

MEDIAN SALES PRICE

MAY

$513

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.209 M E 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 2017

telesproperties.com


Alhambra DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$635,000

$622,000

$665,000

$646,000

1.7%

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

$365

$402

$418

$449

23.0%

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

9

25

21

10

11.1%

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

21

30

25

12

-42.9%

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

40

47

47

38

-5.0%

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

72

56

55

25

-65.3%

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

4.4

1.9

2.2

3.8

-14.5%

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

52.5%

63.8%

53.2%

31.6%

-39.8%

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

$558,667

$654,000

$653,667

$621,385

11.2%

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

current market snapshot JAN

$635

FEB

$646,000

MAR APR

MEDIAN SALES PRICE

MAY

$449

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$646 M E 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 2017

telesproperties.com


Altadena DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$757,000

$775,000

$705,000

$791,000

4.5%

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

$446

$475

$440

$471

5.6%

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

20

26

30

23

15.0%

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

27

32

29

30

11.1%

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

41

76

56

36

-12.2%

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

69

47

60

67

-2.9%

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

2

2.9

1.9

1.6

-23.6%

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

65.9%

42.1%

51.8%

83.3%

26.5%

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

$689,167

$771,000

$813,667

$745,154

8.1%

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

current market snapshot JAN

$757

FEB

$791,000

MAR APR

MEDIAN SALES PRICE

MAY

$471

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$791 M E 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 2017

telesproperties.com


Arcadia DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,220,000

$1,663,000

$1,120,000

$2,041,000

67.3%

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

$527

$551

$537

$575

9.1%

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

22

32

41

30

36.4%

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

29

56

40

29

0.0%

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

185

237

199

175

-5.4%

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

80

76

61

76

-5.0%

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

8.4

7.4

4.9

5.8

-30.6%

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

15.7%

23.6%

20.1%

16.6%

5.7%

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

$1,294,208

$1,345,167

$1,482,333

$1,284,538

-0.7%

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

current market snapshot JAN

$1.220

FEB

$2,041,000

MAR APR

MEDIAN SALES PRICE

MAY

$575

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.041 M E 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 2017

telesproperties.com


Duarte DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$474,000

$551,000

$475,000

$525,000

10.8%

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

$333

$385

$374

$302

-9.3%

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

14

13

17

5

-64.3%

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

17

19

25

10

-41.2%

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

21

29

30

22

4.8%

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

76

66

36

88

15.8%

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

1.5

2.2

1.8

4.4

193.3%

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

81.0%

65.5%

83.3%

45.5%

-43.9%

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

$460,500

$479,500

$502,667

$475,692

3.3%

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

current market snapshot JAN

$474

FEB

$525,000

MAR APR

MEDIAN SALES PRICE

MAY

$302

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.4 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 2017

telesproperties.com


Eagle Rock DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$675,000

$860,000

$852,000

$908,000

34.5%

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

$511

$534

$463

$443

-13.3%

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

11

7

20

10

-9.1%

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

12

19

15

11

-8.3%

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

27

30

26

20

-25.9%

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

46

36

49

105

128.3%

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

2.5

4.3

1.3

2

-18.5%

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

44.4%

63.3%

57.7%

55.0%

23.8%

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

$703,667

$817,500

$856,000

$791,308

12.5%

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

current market snapshot JAN

$675

FEB

$908,000

MAR APR

MEDIAN SALES PRICE

MAY

$443

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$908 M E 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 2017

telesproperties.com


La Canada Flintridge DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,600,000

$1,647,000

$2,149,000

$2,375,000

48.4%

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

$593

$624

$619

$594

0.2%

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

13

24

15

12

-7.7%

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

14

24

19

16

14.3%

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

33

72

49

37

12.1%

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

44

45

51

71

61.4%

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

2.5

3

3.3

3.1

21.5%

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

42.4%

33.3%

38.8%

43.2%

1.9%

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

$1,634,835

$1,858,333

$1,846,000

$1,730,538

5.9%

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

current market snapshot JAN

$1.600

FEB

$2,375,000

MAR APR

MEDIAN SALES PRICE

MAY

$594

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.375 M E 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 2017

telesproperties.com


Monrovia DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$590,000

$665,000

$635,000

$689,000

16.8%

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

$440

$424

$423

$436

-0.9%

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

19

23

23

20

5.3%

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

19

22

26

19

0.0%

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

46

59

50

36

-21.7%

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

45

37

48

67

48.9%

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

2.4

2.6

2.2

1.8

-25.7%

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

41.3%

37.3%

52.0%

52.8%

27.8%

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

$622,500

$636,000

$652,000

$634,769

2.0%

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

current market snapshot JAN

$590

FEB

$689,000

MAR APR

MEDIAN SALES PRICE

MAY

$436

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$689 M E 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 2017

telesproperties.com


Pasadena DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$887,000

$825,000

$935,000

$759,000

-14.4%

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

$504

$529

$545

$531

5.4%

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

54

106

67

40

-25.9%

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

61

103

81

67

9.8%

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

129

217

205

137

6.2%

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

59

47

63

62

5.1%

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

2.4

2

3.1

3.4

43.4%

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

47.3%

47.5%

39.5%

48.9%

3.4%

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

$798,667

$840,667

$803,333

$842,231

5.5%

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

current market snapshot $887

JAN FEB

$759,000

MAR APR

MEDIAN SALES PRICE

MAY

$531

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$759 M E 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 2017

telesproperties.com


San Gabriel DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$738,000

$680,000

$660,000

$696,000

-5.7%

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

$419

$488

$494

$454

8.4%

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

17

24

17

24

41.2%

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

20

16

26

15

-25.0%

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

48

74

56

31

-35.4%

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

79

65

42

81

2.5%

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

2.8

3.1

3.3

1.3

-54.3%

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

41.7%

21.6%

46.4%

48.4%

16.1%

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

$710,125

$728,167

$771,333

$731,308

3.0%

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

current market snapshot JAN

$738

FEB

$696,000

MAR APR

MEDIAN SALES PRICE

MAY

$454

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$696 M E 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 2017

telesproperties.com


San Marino DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,850,000

$2,169,000

$1,924,000

$2,445,000

32.2%

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

$775

$842

$830

$931

20.1%

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

7

10

10

12

71.4%

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

18

11

10

6

-66.7%

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

37

58

39

33

-10.8%

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

73

34

62

64

-12.3%

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

5.3

5.8

3.9

2.8

-48.0%

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

48.6%

19.0%

25.6%

18.2%

-62.6%

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

$2,295,417

$2,132,667

$2,306,000

$2,221,385

-3.2%

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

current market snapshot JAN

$1.850

FEB

$2,445,000

MAR APR

MEDIAN SALES PRICE

MAY

$931

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.445 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Sierra Madre DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,114,000

$748,000

$1,075,000

$1,300,000

16.7%

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

$503

$529

$587

$425

-15.5%

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

6

8

8

7

16.7%

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

7

8

9

9

28.6%

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

6

30

16

15

150.0%

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

60

44

41

46

-23.3%

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

1

3.8

2

2.1

114.3%

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

116.7%

26.7%

56.2%

60.0%

-48.6%

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

$975,000

$1,119,500

$1,067,333

$1,039,000

6.6%

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

current market snapshot JAN

$1.114

FEB

$1,300,000

MAR APR

MEDIAN SALES PRICE

MAY

$425

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.1 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 2017

telesproperties.com


South Pasadena DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

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

$1,005,000

$1,269,000

$1,298,000

$1,344,000

33.7%

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

$470

$602

$627

$544

15.7%

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

7

14

7

6

-14.3%

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

9

17

13

6

-33.3%

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

18

24

23

11

-38.9%

Days on Market (Pending Sale) ...........................

69

27

109

65

-5.8%

Month’s Supply of Inventory ................................

2.6

1.7

3.3

1.8

-28.7%

Percent Under Contract ........................................

50.0%

70.8%

56.5%

54.5%

9.1%

Average Median Price for Last 12 Months ........

$1,197,649

$1,236,000

$1,287,000

$1,232,308

2.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.005

FEB

$1,344,000

MAR APR

MEDIAN SALES PRICE

MAY

$544

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

1.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.344 M E 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 2017

telesproperties.com


Orange County

Orange County Macro

Ladera Ranch

San Clemente

Aliso Viejo

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

Lower Newport Bay - Balboa Island

Westminster

Dana Point

Mission Viejo

West Bay - Santa Ana Heights

East Bluff - Harbor View

Nelle Gail

West Newport - Lido

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Micro Market Report : January 2017

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : January 2017

telesproperties.com


Orange County DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$695,000

$730,000

$745,000

$735,000

5.8%

Average Price per Square Foot ...........................

$423

$453

$430

$434

2.6%

Properties Sold .......................................................

1144

1712

1599

1132

-1.0%

Properties Pending Sale .......................................

1248

1781

1623

1317

5.5%

Properties For Sale ................................................

5,125

7,778

6,691

4,966

-3.1%

Days on Market (Pending Sale) ...........................

64

53

57

57

-10.9%

Month’s Supply of Inventory ................................

4.5

4.5

4.2

4.4

-2.1%

Percent Under Contract ........................................

24.4%

22.9%

24.3%

26.5%

8.9%

Average Median Price for Last 12 Months ........

$696,583

$738,075

$734,983

$729,227

4.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$695

FEB

$735,000

MAR APR

MEDIAN SALES PRICE

MAY

$434

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$735 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Aliso Viejo DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$775,000

$780,000

$827,500

$855,000

10.3%

Average Price per Square Foot ...........................

$379

$387

$353

$359

-5.3%

Properties Sold .......................................................

12

29

17

11

-8.3%

Properties Pending Sale .......................................

20

21

19

13

-35.0%

Properties For Sale ................................................

62

78

57

42

-32.3%

Days on Market (Pending Sale) ...........................

50

45

49

42

-16.0%

Month’s Supply of Inventory ................................

5.2

2.7

3.4

3.8

-26.1%

Percent Under Contract ........................................

32.3%

26.9%

33.3%

31.0%

-4.0%

Average Median Price for Last 12 Months ........

$744,542

$804,250

$792,667

$779,519

4.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$775

FEB

$855,000

MAR APR

MEDIAN SALES PRICE

MAY

$359

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.8 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$855 M E 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 2017

telesproperties.com


Balboa Peninsula DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$2,825,000

$5,127,500

$4,000,001

$2,499,500

-11.5%

Average Price per Square Foot ...........................

$1,087

$1,843

$1,295

$1,474

35.6%

Properties Sold .......................................................

3

4

3

8

166.7%

Properties Pending Sale .......................................

3

5

2

5

66.7%

Properties For Sale ................................................

31

56

44

39

25.8%

Days on Market (Pending Sale) ...........................

71

43

8

97

36.6%

Month’s Supply of Inventory ................................

10.3

14

14.7

4.9

-52.8%

Percent Under Contract ........................................

9.7%

8.9%

4.5%

12.8%

32.5%

Average Median Price for Last 12 Months ........

$2,801,000

$2,808,250

$2,720,667

$3,516,885

25.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$2.825

FEB

$2,499,500

MAR APR

MEDIAN SALES PRICE

MAY

$1,474

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.499 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 2017

telesproperties.com


Corona del Mar - Spyglass DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$2,595,000

$3,200,000

$3,150,000

$3,199,230

23.3%

Average Price per Square Foot ...........................

$918

$1,264

$1,140

$988

7.6%

Properties Sold .......................................................

9

17

11

9

0.0%

Properties Pending Sale .......................................

8

11

10

11

37.5%

Properties For Sale ................................................

80

89

79

66

-17.5%

Days on Market (Pending Sale) ...........................

138

81

68

81

-41.3%

Month’s Supply of Inventory ................................

8.9

5.2

7.2

7.3

-17.5%

Percent Under Contract ........................................

10.0%

12.4%

12.7%

16.7%

66.7%

Average Median Price for Last 12 Months ........

$2,514,941

$2,906,538

$2,821,410

$2,904,748

15.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$2.595

FEB

$3,199,230

MAR APR

MEDIAN SALES PRICE

MAY

$988

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.199 M E 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 2017

telesproperties.com


Coto de Caza DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$1,247,500

$1,266,250

$1,265,000

$1,230,000

-1.4%

Average Price per Square Foot ...........................

$314

$357

$355

$353

12.4%

Properties Sold .......................................................

11

28

19

17

54.5%

Properties Pending Sale .......................................

17

18

13

24

41.2%

Properties For Sale ................................................

97

154

14

93

-4.1%

Days on Market (Pending Sale) ...........................

90

70

89

78

-13.3%

Month’s Supply of Inventory ................................

8.8

5.5

0.7

5.5

-38.0%

Percent Under Contract ........................................

17.5%

11.7%

92.9%

25.8%

47.2%

Average Median Price for Last 12 Months ........

$1,141,239

$1,199,379

$1,167,500

$1,189,583

4.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.247

FEB

$1,230,000

MAR APR

MEDIAN SALES PRICE

MAY

$353

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.230 M E 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 2017

telesproperties.com


Crystal Cove DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$4,000,000

$9,022,750

$7,700,000

$0

-100.0%

Average Price per Square Foot ...........................

$942

$1,216

$1,406

$0

-100.0%

Properties Sold .......................................................

1

1

1

0

-100.0%

Properties Pending Sale .......................................

0

2

4

2

n/a

Properties For Sale ................................................

18

22

27

21

16.7%

Days on Market (Pending Sale) ...........................

0

38

76

44

n/a

Month’s Supply of Inventory ................................

18

22

27

n/a

n/a

Percent Under Contract ........................................

0.0%

9.1%

14.8%

9.5%

n/a

Average Median Price for Last 12 Months ........

$7,187,722

$7,256,250

$7,187,500

$7,135,164

-0.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$4.000

FEB

No sales

MAR APR

MEDIAN SALES PRICE

MAY

No sales

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

n/a 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 2017

telesproperties.com


Dana Point DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$910,000

$939,000

$849,000

$1,020,000

12.1%

Average Price per Square Foot ...........................

$610

$751

$632

$581

-4.8%

Properties Sold .......................................................

19

25

27

16

-15.8%

Properties Pending Sale .......................................

16

39

29

29

81.2%

Properties For Sale ................................................

135

203

191

144

6.7%

Days on Market (Pending Sale) ...........................

96

61

68

100

4.2%

Month’s Supply of Inventory ................................

7.1

8.1

7.1

9

26.7%

Percent Under Contract ........................................

11.9%

19.2%

15.2%

20.1%

69.9%

Average Median Price for Last 12 Months ........

$1,025,438

$978,792

$960,833

$1,017,741

-0.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$910

FEB

$1,020,000

MAR APR

MEDIAN SALES PRICE

MAY

$581

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

9 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.020 M E 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 2017

telesproperties.com


East Bluff - Harbor View DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$2,047,500

$2,000,000

$1,893,500

$1,972,500

-3.7%

Average Price per Square Foot ...........................

$730

$693

$732

$740

1.4%

Properties Sold .......................................................

14

21

18

10

-28.6%

Properties Pending Sale .......................................

17

21

16

10

-41.2%

Properties For Sale ................................................

80

124

109

75

-6.2%

Days on Market (Pending Sale) ...........................

81

70

67

91

12.3%

Month’s Supply of Inventory ................................

5.7

5.9

6.1

7.5

31.2%

Percent Under Contract ........................................

21.2%

16.9%

14.7%

13.3%

-37.3%

Average Median Price for Last 12 Months ........

$1,819,770

$1,808,019

$1,824,167

$1,853,701

1.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$2.047

FEB

$1,972,500

MAR APR

MEDIAN SALES PRICE

MAY

$740

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.972 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 2017

telesproperties.com


East Costa Mesa DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$988,046

$1,067,692

$936,250

$1,023,000

3.5%

Average Price per Square Foot ...........................

$687

$572

$523

$524

-23.7%

Properties Sold .......................................................

8

18

16

7

-12.5%

Properties Pending Sale .......................................

13

22

13

17

30.8%

Properties For Sale ................................................

40

64

59

49

22.5%

Days on Market (Pending Sale) ...........................

62

82

47

43

-30.6%

Month’s Supply of Inventory ................................

5

3.6

3.7

7

40.0%

Percent Under Contract ........................................

32.5%

34.4%

22.0%

34.7%

6.8%

Average Median Price for Last 12 Months ........

$947,442

$1,031,858

$1,064,333

$1,018,684

7.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$988

FEB

$1,023,000

MAR APR

MEDIAN SALES PRICE

MAY

$524

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.023 M E 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 2017

telesproperties.com


Fountain Valley DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$674,500

$726,500

$752,000

$735,500

9.0%

Average Price per Square Foot ...........................

$355

$349

$367

$365

2.8%

Properties Sold .......................................................

16

34

22

22

37.5%

Properties Pending Sale .......................................

19

42

22

19

0.0%

Properties For Sale ................................................

58

92

70

51

-12.1%

Days on Market (Pending Sale) ...........................

51

43

25

30

-41.2%

Month’s Supply of Inventory ................................

3.6

2.7

3.2

2.3

-36.1%

Percent Under Contract ........................................

32.8%

45.7%

31.4%

37.3%

13.7%

Average Median Price for Last 12 Months ........

$716,908

$766,242

$771,817

$739,919

3.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$674

FEB

$735,500

MAR APR

MEDIAN SALES PRICE

MAY

$365

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$735 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Huntington Beach DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$805,000

$817,500

$860,000

$820,000

1.9%

Average Price per Square Foot ...........................

$480

$473

$455

$456

-5.0%

Properties Sold .......................................................

95

102

107

55

-42.1%

Properties Pending Sale .......................................

80

101

110

75

-6.2%

Properties For Sale ................................................

283

429

324

242

-14.5%

Days on Market (Pending Sale) ...........................

49

56

46

41

-16.3%

Month’s Supply of Inventory ................................

3

4.2

3

4.4

47.7%

Percent Under Contract ........................................

28.3%

23.5%

34.0%

31.0%

9.6%

Average Median Price for Last 12 Months ........

$796,379

$815,417

$804,167

$813,227

2.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$805

FEB

$820,000

MAR APR

MEDIAN SALES PRICE

MAY

$456

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$820 M E 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 2017

telesproperties.com


Irvine DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$830,000

$1,005,000

$1,075,000

$1,080,000

30.1%

Average Price per Square Foot ...........................

$456

$489

$460

$479

5.0%

Properties Sold .......................................................

81

81

84

66

-18.5%

Properties Pending Sale .......................................

85

102

102

72

-15.3%

Properties For Sale ................................................

313

529

441

328

4.8%

Days on Market (Pending Sale) ...........................

76

45

63

53

-30.3%

Month’s Supply of Inventory ................................

3.9

6.5

5.2

5

28.6%

Percent Under Contract ........................................

27.2%

19.3%

23.1%

22.0%

-19.2%

Average Median Price for Last 12 Months ........

$951,767

$1,069,665

$1,079,033

$1,041,539

9.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$830

FEB

$1,080,000

MAR APR

MEDIAN SALES PRICE

MAY

$479

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.080 M E 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 2017

telesproperties.com


Ladera Ranch DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$823,000

$942,500

$835,000

$895,000

8.7%

Average Price per Square Foot ...........................

$339

$370

$330

$342

0.9%

Properties Sold .......................................................

16

28

25

10

-37.5%

Properties Pending Sale .......................................

18

23

25

19

5.6%

Properties For Sale ................................................

88

154

107

74

-15.9%

Days on Market (Pending Sale) ...........................

54

52

71

51

-5.6%

Month’s Supply of Inventory ................................

5.5

5.5

4.3

7.4

34.5%

Percent Under Contract ........................................

20.5%

14.9%

23.4%

25.7%

25.5%

Average Median Price for Last 12 Months ........

$865,942

$884,583

$859,167

$865,923

-0.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$823

FEB

$895,000

MAR APR

MEDIAN SALES PRICE

MAY

$342

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$895 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Laguna Beach DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$2,059,000

$1,845,000

$1,900,000

$1,929,500

-6.3%

Average Price per Square Foot ...........................

$1,024

$1,065

$1,072

$912

-10.9%

Properties Sold .......................................................

20

34

26

25

25.0%

Properties Pending Sale .......................................

16

26

29

26

62.5%

Properties For Sale ................................................

182

304

256

183

0.5%

Days on Market (Pending Sale) ...........................

152

70

90

161

5.9%

Month’s Supply of Inventory ................................

9.1

8.9

9.8

7.3

-19.6%

Percent Under Contract ........................................

8.8%

8.6%

11.3%

14.2%

61.6%

Average Median Price for Last 12 Months ........

$1,942,206

$1,877,333

$1,943,167

$1,924,462

-0.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$2.059

FEB

$1,929,500

MAR APR

MEDIAN SALES PRICE

MAY

$912

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.929 M E 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 2017

telesproperties.com


Laguna Niguel DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$806,500

$875,000

$860,000

$876,500

8.7%

Average Price per Square Foot ...........................

$400

$425

$416

$398

-0.5%

Properties Sold .......................................................

30

51

59

34

13.3%

Properties Pending Sale .......................................

44

63

52

43

-2.3%

Properties For Sale ................................................

185

340

253

180

-2.7%

Days on Market (Pending Sale) ...........................

68

47

64

85

25.0%

Month’s Supply of Inventory ................................

6.2

6.7

4.3

5.3

-14.1%

Percent Under Contract ........................................

23.8%

18.5%

20.6%

23.9%

0.4%

Average Median Price for Last 12 Months ........

$848,521

$865,333

$847,167

$864,654

1.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$806

FEB

$876,500

MAR APR

MEDIAN SALES PRICE

MAY

$398

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$876 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Laguna Hills DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$707,500

$774,500

$929,950

$870,000

23.0%

Average Price per Square Foot ...........................

$389

$367

$377

$392

0.8%

Properties Sold .......................................................

16

25

18

19

18.8%

Properties Pending Sale .......................................

17

22

21

10

-41.2%

Properties For Sale ................................................

94

125

109

67

-28.7%

Days on Market (Pending Sale) ...........................

74

65

74

67

-9.5%

Month’s Supply of Inventory ................................

5.9

5

6.1

3.5

-40.0%

Percent Under Contract ........................................

18.1%

17.6%

19.3%

14.9%

-17.5%

Average Median Price for Last 12 Months ........

$791,123

$833,225

$800,633

$813,719

2.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$707

FEB

$870,000

MAR APR

MEDIAN SALES PRICE

MAY

$392

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$870 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Laguna Woods DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$0

$0

$0

$0

n/a

Average Price per Square Foot ...........................

$0

$0

$0

$0

n/a

Properties Sold .......................................................

0

0

0

0

n/a

Properties Pending Sale .......................................

0

0

0

0

n/a

Properties For Sale ................................................

1

0

1

0

-100.0%

Days on Market (Pending Sale) ...........................

0

0

0

0

n/a

Month’s Supply of Inventory ................................

n/a

n/a

n/a

n/a

n/a

Percent Under Contract ........................................

0.0%

n/a

0.0%

n/a

n/a

Average Median Price for Last 12 Months ........

$168,300

n/a

n/a

$779,500

363.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro 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

n/a 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 2017

telesproperties.com


Lantern Village in Dana Point DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$1,222,500

$758,000

$779,500

$715,000

-41.5%

Average Price per Square Foot ...........................

$472

$539

$458

$794

68.2%

Properties Sold .......................................................

2

4

6

1

-50.0%

Properties Pending Sale .......................................

1

6

6

3

200.0%

Properties For Sale ................................................

19

24

22

19

0.0%

Days on Market (Pending Sale) ...........................

82

68

46

46

-43.9%

Month’s Supply of Inventory ................................

9.5

6

3.7

19

100.0%

Percent Under Contract ........................................

5.3%

25.0%

27.3%

15.8%

200.0%

Average Median Price for Last 12 Months ........

$918,917

$851,750

$834,833

$917,231

-0.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.222

JAN FEB

$715,000

MAR APR

MEDIAN SALES PRICE

MAY

$794

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

19 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$715 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$4,202,500

$3,950,000

$3,835,000

$2,450,000

-41.7%

Average Price per Square Foot ...........................

$1,346

$1,451

$1,860

$1,127

-16.3%

Properties Sold .......................................................

6

5

5

2

-66.7%

Properties Pending Sale .......................................

4

3

6

8

100.0%

Properties For Sale ................................................

27

39

34

30

11.1%

Days on Market (Pending Sale) ...........................

157

105

46

70

-55.4%

Month’s Supply of Inventory ................................

4.5

7.8

6.8

15

233.3%

Percent Under Contract ........................................

14.8%

7.7%

17.6%

26.7%

80.0%

Average Median Price for Last 12 Months ........

$3,367,491

$3,080,000

$2,843,333

$3,079,423

-8.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $4.202

JAN FEB

$2,450,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,127

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

15 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.450 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 2017

telesproperties.com


Mission Viejo DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$697,000

$685,000

$687,500

$709,200

1.8%

Average Price per Square Foot ...........................

$349

$362

$359

$355

1.7%

Properties Sold .......................................................

66

105

84

62

-6.1%

Properties Pending Sale .......................................

54

97

73

75

38.9%

Properties For Sale ................................................

201

338

256

203

1.0%

Days on Market (Pending Sale) ...........................

56

51

47

55

-1.8%

Month’s Supply of Inventory ................................

3

3.2

3

3.3

7.5%

Percent Under Contract ........................................

26.9%

28.7%

28.5%

36.9%

37.5%

Average Median Price for Last 12 Months ........

$665,721

$698,617

$701,067

$687,669

3.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$697

FEB

$709,200

MAR APR

MEDIAN SALES PRICE

MAY

$355

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$709 M E 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 2017

telesproperties.com


Monarch Beach DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$1,520,500

$2,150,000

$2,357,875

$1,700,000

11.8%

Average Price per Square Foot ...........................

$992

$1,277

$807

$689

-30.5%

Properties Sold .......................................................

8

7

6

6

-25.0%

Properties Pending Sale .......................................

6

14

12

11

83.3%

Properties For Sale ................................................

70

91

90

68

-2.9%

Days on Market (Pending Sale) ...........................

94

71

87

125

33.0%

Month’s Supply of Inventory ................................

8.7

13

15

11.3

29.5%

Percent Under Contract ........................................

8.6%

15.4%

13.3%

16.2%

88.7%

Average Median Price for Last 12 Months ........

$1,586,396

$1,726,313

$1,584,167

$1,710,885

7.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.520

FEB

$1,700,000

MAR APR

MEDIAN SALES PRICE

MAY

$689

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

11.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Nelle Gail DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$707,500

$787,200

$929,950

$975,000

37.8%

Average Price per Square Foot ...........................

$391

$366

$377

$395

1.0%

Properties Sold .......................................................

16

24

18

18

12.5%

Properties Pending Sale .......................................

17

20

19

64

276.5%

Properties For Sale ................................................

93

119

106

64

-31.2%

Days on Market (Pending Sale) ...........................

74

66

67

67

-9.5%

Month’s Supply of Inventory ................................

5.8

5

5.9

3.6

-38.8%

Percent Under Contract ........................................

18.3%

16.8%

17.9%

100.0%

447.1%

Average Median Price for Last 12 Months ........

$806,112

$854,058

$835,633

$824,312

2.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$707

FEB

$975,000

MAR APR

MEDIAN SALES PRICE

MAY

$395

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$975 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Newport Beach DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$2,095,000

$2,000,000

$1,860,000

$1,957,500

-6.6%

Average Price per Square Foot ...........................

$814

$931

$923

$903

10.9%

Properties Sold .......................................................

41

67

47

44

7.3%

Properties Pending Sale .......................................

45

58

54

39

-13.3%

Properties For Sale ................................................

256

410

364

275

7.4%

Days on Market (Pending Sale) ...........................

84

69

78

69

-17.9%

Month’s Supply of Inventory ................................

6.2

6.1

7.7

6.2

0.1%

Percent Under Contract ........................................

17.6%

14.1%

14.8%

14.2%

-19.3%

Average Median Price for Last 12 Months ........

$1,901,797

$1,926,750

$1,984,167

$1,970,062

3.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$2.095

FEB

$1,957,500

MAR APR

MEDIAN SALES PRICE

MAY

$903

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.957 M E 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 2017

telesproperties.com


Newport Coast DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$2,390,000

$2,725,000

$2,300,000

$3,090,000

29.3%

Average Price per Square Foot ...........................

$786

$974

$785

$866

10.2%

Properties Sold .......................................................

4

12

12

8

100.0%

Properties Pending Sale .......................................

10

17

19

13

30.0%

Properties For Sale ................................................

91

121

121

100

9.9%

Days on Market (Pending Sale) ...........................

94

88

97

56

-40.4%

Month’s Supply of Inventory ................................

22.8

10.1

10.1

12.5

-45.1%

Percent Under Contract ........................................

11.0%

14.0%

15.7%

13.0%

18.3%

Average Median Price for Last 12 Months ........

$3,178,297

$3,003,938

$2,749,542

$2,756,240

-13.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$2.390

FEB

$3,090,000

MAR APR

MEDIAN SALES PRICE

MAY

$866

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

12.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$3.090 M E 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 2017

telesproperties.com


Newport Heights DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$1,500,000

$1,562,500

$1,816,875

$1,420,000

-5.3%

Average Price per Square Foot ...........................

$766

$804

$578

$624

-18.5%

Properties Sold .......................................................

5

8

2

7

40.0%

Properties Pending Sale .......................................

3

6

4

4

33.3%

Properties For Sale ................................................

20

56

47

28

40.0%

Days on Market (Pending Sale) ...........................

120

36

161

54

-55.0%

Month’s Supply of Inventory ................................

4

7

23.5

4

0.0%

Percent Under Contract ........................................

15.0%

10.7%

8.5%

14.3%

-4.8%

Average Median Price for Last 12 Months ........

$1,617,083

$1,957,604

$1,513,333

$1,771,469

9.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.500

FEB

$1,420,000

MAR APR

MEDIAN SALES PRICE

MAY

$624

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.420 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Rancho Santa Margarita DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$741,250

$730,000

$725,000

$720,000

-2.9%

Average Price per Square Foot ...........................

$320

$334

$339

$337

5.3%

Properties Sold .......................................................

30

43

43

35

16.7%

Properties Pending Sale .......................................

30

49

48

31

3.3%

Properties For Sale ................................................

92

176

156

74

-19.6%

Days on Market (Pending Sale) ...........................

56

57

61

35

-37.5%

Month’s Supply of Inventory ................................

3.1

4.1

3.6

2.1

-31.1%

Percent Under Contract ........................................

32.6%

27.8%

30.8%

41.9%

28.5%

Average Median Price for Last 12 Months ........

$683,417

$727,917

$723,333

$723,558

5.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$741

FEB

$720,000

MAR APR

MEDIAN SALES PRICE

MAY

$337

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

2.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$720 M E 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 2017

telesproperties.com


San Clemente DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$877,500

$899,000

$945,000

$927,500

5.7%

Average Price per Square Foot ...........................

$416

$416

$443

$390

-6.2%

Properties Sold .......................................................

38

75

61

34

-10.5%

Properties Pending Sale .......................................

50

63

60

48

-4.0%

Properties For Sale ................................................

243

384

295

219

-9.9%

Days on Market (Pending Sale) ...........................

76

80

89

50

-34.2%

Month’s Supply of Inventory ................................

6.4

5.1

4.8

6.4

0.7%

Percent Under Contract ........................................

20.6%

16.4%

20.3%

21.9%

6.5%

Average Median Price for Last 12 Months ........

$894,687

$926,270

$932,500

$924,471

3.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$877

FEB

$927,500

MAR APR

MEDIAN SALES PRICE

MAY

$390

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$927 M E 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 2017

telesproperties.com


San Juan Capistrano DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$1,159,000

$900,000

$925,000

$712,500

-38.5%

Average Price per Square Foot ...........................

$337

$433

$364

$368

9.2%

Properties Sold .......................................................

21

29

33

24

14.3%

Properties Pending Sale .......................................

30

31

29

27

-10.0%

Properties For Sale ................................................

127

225

183

127

0.0%

Days on Market (Pending Sale) ...........................

67

88

103

61

-9.0%

Month’s Supply of Inventory ................................

6

7.8

5.5

5.3

-12.5%

Percent Under Contract ........................................

23.6%

13.8%

15.8%

21.3%

-10.0%

Average Median Price for Last 12 Months ........

$929,646

$936,250

$907,500

$941,866

1.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.159

JAN FEB

$712,500

MAR APR

MEDIAN SALES PRICE

MAY

$368

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$712 M E 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 2017

telesproperties.com


Shady Canyon DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$1,935,000

$2,277,500

$1,680,000

$1,700,000

-12.1%

Average Price per Square Foot ...........................

$699

$650

$671

$588

-15.9%

Properties Sold .......................................................

12

12

9

13

8.3%

Properties Pending Sale .......................................

12

12

9

9

-25.0%

Properties For Sale ................................................

79

107

102

78

-1.3%

Days on Market (Pending Sale) ...........................

119

56

107

101

-15.1%

Month’s Supply of Inventory ................................

6.6

8.9

11.3

6

-8.9%

Percent Under Contract ........................................

15.2%

11.2%

8.8%

11.5%

-24.0%

Average Median Price for Last 12 Months ........

$2,165,018

$1,755,667

$1,714,667

$1,835,269

-15.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.935

FEB

$1,700,000

MAR APR

MEDIAN SALES PRICE

MAY

$588

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Turtle Ridge DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$3,485,000

$2,950,000

$2,925,000

$1,622,500

-53.4%

Average Price per Square Foot ...........................

$737

$748

$800

$627

-14.9%

Properties Sold .......................................................

2

4

2

2

0.0%

Properties Pending Sale .......................................

3

1

1

3

0.0%

Properties For Sale ................................................

18

14

23

25

38.9%

Days on Market (Pending Sale) ...........................

165

87

244

62

-62.4%

Month’s Supply of Inventory ................................

9

3.5

11.5

12.5

38.9%

Percent Under Contract ........................................

16.7%

7.1%

4.3%

12.0%

-28.0%

Average Median Price for Last 12 Months ........

$2,197,667

$2,279,830

$1,935,250

$2,645,832

20.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $3.485

JAN FEB

$1,622,500

MAR APR

MEDIAN SALES PRICE

MAY

$627

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

12.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.622 M E 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 2017

telesproperties.com


Turtle Rock DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$2,050,000

$1,655,000

$1,520,000

$1,510,000

-26.3%

Average Price per Square Foot ...........................

$695

$623

$600

$596

-14.2%

Properties Sold .......................................................

9

5

8

7

-22.2%

Properties Pending Sale .......................................

9

6

9

7

-22.2%

Properties For Sale ................................................

49

79

69

45

-8.2%

Days on Market (Pending Sale) ...........................

91

46

83

109

19.8%

Month’s Supply of Inventory ................................

5.4

15.8

8.6

6.4

18.1%

Percent Under Contract ........................................

18.4%

7.6%

13.0%

15.6%

-15.3%

Average Median Price for Last 12 Months ........

$1,505,988

$1,642,750

$1,581,667

$1,836,692

22.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$2.050

FEB

$1,510,000

MAR APR

MEDIAN SALES PRICE

MAY

$596

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.4 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.510 M E 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 2017

telesproperties.com


Westminster DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$535,000

$599,500

$610,000

$620,000

15.9%

Average Price per Square Foot ...........................

$342

$348

$343

$355

3.8%

Properties Sold .......................................................

21

30

29

19

-9.5%

Properties Pending Sale .......................................

29

35

35

19

-34.5%

Properties For Sale ................................................

78

102

92

59

-24.4%

Days on Market (Pending Sale) ...........................

40

32

40

30

-25.0%

Month’s Supply of Inventory ................................

3.7

3.4

3.2

3.1

-16.4%

Percent Under Contract ........................................

37.2%

34.3%

38.0%

32.2%

-13.4%

Average Median Price for Last 12 Months ........

$558,571

$613,417

$610,667

$599,231

7.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$535

FEB

$620,000

MAR APR

MEDIAN SALES PRICE

MAY

$355

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$620 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


West Bay - Santa Ana Heights DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$1,622,500

$1,825,000

$1,520,000

$1,613,750

-0.5%

Average Price per Square Foot ...........................

$781

$703

$623

$705

-9.7%

Properties Sold .......................................................

4

18

12

10

150.0%

Properties Pending Sale .......................................

11

12

8

10

-9.1%

Properties For Sale ................................................

52

70

56

52

0.0%

Days on Market (Pending Sale) ...........................

49

62

53

43

-12.2%

Month’s Supply of Inventory ................................

13

3.9

4.7

5.2

-60.0%

Percent Under Contract ........................................

21.2%

17.1%

14.3%

19.2%

-9.1%

Average Median Price for Last 12 Months ........

$1,614,396

$1,637,542

$1,693,417

$1,606,942

-0.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.622

FEB

$1,613,750

MAR APR

MEDIAN SALES PRICE

MAY

$705

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.613 M E 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 2017

telesproperties.com


West Newport - Lido DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$2,837,500

$2,457,500

$1,919,000

$1,365,000

-51.9%

Average Price per Square Foot ...........................

$1,122

$1,380

$1,131

$1,192

6.2%

Properties Sold .......................................................

9

11

7

7

-22.2%

Properties Pending Sale .......................................

7

11

18

1

-85.7%

Properties For Sale ................................................

46

63

74

49

6.5%

Days on Market (Pending Sale) ...........................

92

95

99

79

-14.1%

Month’s Supply of Inventory ................................

5.1

5.7

10.6

7

37.0%

Percent Under Contract ........................................

15.2%

17.5%

24.3%

2.0%

-86.6%

Average Median Price for Last 12 Months ........

$2,352,500

$2,524,417

$2,089,167

$2,375,154

1.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $2.837

JAN FEB

$1,365,000

MAR APR

MEDIAN SALES PRICE

MAY

$1,192

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.365 M E 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 2017

telesproperties.com


Santa Barbara County

Carpinteria

Santa Barbara East of State

Goleta

Santa Barbara West of State

Hope Ranch

Santa Ynez

Montecito

Micro Market Report : January 2017

telesproperties.com


County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : January 2017

telesproperties.com


Carpinteria DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$747,500

$985,000

$956,250

$807,000

8.0%

Average Price per Square Foot ...........................

$590

$771

$644

$590

0.0%

Properties Sold .......................................................

2

6

8

4

100.0%

Properties Pending Sale .......................................

4

6

8

4

0.0%

Properties For Sale ................................................

28

42

48

40

42.9%

Days on Market (Pending Sale) ...........................

20

18

82

116

480.0%

Month’s Supply of Inventory ................................

14

7

6

10

-28.6%

Percent Under Contract ........................................

14.3%

14.3%

16.7%

10.0%

-30.0%

Average Median Price for Last 12 Months ........

$926,035

$925,292

$917,000

$999,167

7.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$747

FEB

$807,000

MAR APR

MEDIAN SALES PRICE

MAY

$590

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

10 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$807 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Goleta DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$745,500

$895,000

$769,750

$815,000

9.3%

Average Price per Square Foot ...........................

$504

$446

$477

$431

-14.5%

Properties Sold .......................................................

8

7

8

9

12.5%

Properties Pending Sale .......................................

5

13

18

13

160.0%

Properties For Sale ................................................

24

46

53

28

16.7%

Days on Market (Pending Sale) ...........................

40

47

32

69

72.5%

Month’s Supply of Inventory ................................

3

6.6

6.6

3.1

3.7%

Percent Under Contract ........................................

20.8%

28.3%

34.0%

46.4%

122.9%

Average Median Price for Last 12 Months ........

$793,751

$832,167

$802,750

$834,271

5.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$745

FEB

$815,000

MAR APR

MEDIAN SALES PRICE

MAY

$431

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

3.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$815 M E 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 2017

telesproperties.com


Hope Ranch DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$0

$2,375,000

$1,500,000

$2,600,000

n/a

Average Price per Square Foot ...........................

$0

$755

$755

$696

n/a

Properties Sold .......................................................

0

3

1

7

n/a

Properties Pending Sale .......................................

1

2

3

4

300.0%

Properties For Sale ................................................

16

35

42

39

143.8%

Days on Market (Pending Sale) ...........................

3

70

153

146

4766.7%

Month’s Supply of Inventory ................................

n/a

11.7

42

5.6

n/a

Percent Under Contract ........................................

6.2%

5.7%

7.1%

10.3%

64.1%

Average Median Price for Last 12 Months ........

$2,969,343

$3,183,500

$3,296,250

$3,456,364

16.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN FEB

$2,600,000

MAR APR

MEDIAN SALES PRICE

MAY

$696

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$2.600 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 2017

telesproperties.com


Montecito DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$3,925,000

$2,675,000

$2,660,000

$4,500,000

14.6%

Average Price per Square Foot ...........................

$1,094

$958

$948

$751

-31.4%

Properties Sold .......................................................

22

19

13

9

-59.1%

Properties Pending Sale .......................................

16

16

19

15

-6.2%

Properties For Sale ................................................

130

201

191

174

33.8%

Days on Market (Pending Sale) ...........................

59

138

117

100

69.5%

Month’s Supply of Inventory ................................

5.9

10.6

14.7

19.3

227.2%

Percent Under Contract ........................................

12.3%

8.0%

9.9%

8.6%

-30.0%

Average Median Price for Last 12 Months ........

$3,194,792

$2,870,417

$3,275,833

$3,096,923

-3.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$3.925

FEB

$4,500,000

MAR APR

MEDIAN SALES PRICE

MAY

$751

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

19.3 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$4.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Santa Barbara East of State DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$1,451,000

$1,205,000

$1,147,500

$1,134,342

-21.8%

Average Price per Square Foot ...........................

$676

$758

$707

$636

-5.9%

Properties Sold .......................................................

18

22

28

22

22.2%

Properties Pending Sale .......................................

15

33

27

20

33.3%

Properties For Sale ................................................

117

177

158

115

-1.7%

Days on Market (Pending Sale) ...........................

62

49

71

53

-14.5%

Month’s Supply of Inventory ................................

6.5

8

5.6

5.2

-19.6%

Percent Under Contract ........................................

12.8%

18.6%

17.1%

17.4%

35.7%

Average Median Price for Last 12 Months ........

$1,287,896

$1,257,112

$1,255,390

$1,259,754

-2.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.451

JAN FEB

$1,134,342

MAR APR

MEDIAN SALES PRICE

MAY

$636

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

5.2 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.134 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Santa Barbara West of State DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$1,236,000

$1,050,000

$1,092,500

$945,898

-23.5%

Average Price per Square Foot ...........................

$826

$665

$776

$642

-22.3%

Properties Sold .......................................................

17

15

13

10

-41.2%

Properties Pending Sale .......................................

19

25

17

17

-10.5%

Properties For Sale ................................................

46

107

94

75

63.0%

Days on Market (Pending Sale) ...........................

47

52

51

52

10.6%

Month’s Supply of Inventory ................................

2.7

7.1

7.2

7.5

177.2%

Percent Under Contract ........................................

41.3%

23.4%

18.1%

22.7%

-45.1%

Average Median Price for Last 12 Months ........

$1,062,215

$1,115,483

$1,095,133

$1,080,204

1.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.236

JAN FEB

$945,898

MAR APR

MEDIAN SALES PRICE

MAY

$642

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

7.5 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$945 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Santa Ynez DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$685,000

$822,500

$657,500

$754,000

10.1%

Average Price per Square Foot ...........................

$365

$346

$537

$454

24.4%

Properties Sold .......................................................

15

10

16

10

-33.3%

Properties Pending Sale .......................................

13

14

14

13

0.0%

Properties For Sale ................................................

121

150

146

131

8.3%

Days on Market (Pending Sale) ...........................

147

86

137

145

-1.4%

Month’s Supply of Inventory ................................

8.1

15

9.1

13.1

62.4%

Percent Under Contract ........................................

10.7%

9.3%

9.6%

9.9%

-7.6%

Average Median Price for Last 12 Months ........

$792,771

$760,332

$746,497

$756,422

-4.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$685

FEB

$754,000

MAR APR

MEDIAN SALES PRICE

MAY

$454

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

13.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$754 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : January 2017

telesproperties.com


Monterey County

Carmel

Pacific Grove

Carmel Valley

Pebble Beach

Marina

Salinas

Monterey

Seaside

Micro Market Report : January 2017

telesproperties.com


County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : January 2017

telesproperties.com


Carmel DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$1,547,500

$1,195,000

$1,287,500

$1,510,000

-2.4%

Average Price per Square Foot ...........................

$1,168

$724

$889

$899

-23.0%

Properties Sold .......................................................

20

24

24

24

20.0%

Properties Pending Sale .......................................

21

28

25

18

-14.3%

Properties For Sale ................................................

124

183

184

146

17.7%

Days on Market (Pending Sale) ...........................

77

83

87

117

51.9%

Month’s Supply of Inventory ................................

6.2

7.6

7.7

6.1

-1.9%

Percent Under Contract ........................................

16.9%

15.3%

13.6%

12.3%

-27.2%

Average Median Price for Last 12 Months ........

$1,416,417

$1,486,250

$1,585,000

$1,458,077

2.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$1.547

FEB

$1,510,000

MAR APR

MEDIAN SALES PRICE

MAY

$899

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

6.1 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN

$1.510 M E 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 2017

telesproperties.com


Carmel Valley DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$787,500

$845,000

$1,225,000

$805,000

2.2%

Average Price per Square Foot ...........................

$343

$487

$524

$407

18.7%

Properties Sold .......................................................

4

11

4

3

-25.0%

Properties Pending Sale .......................................

5

9

11

8

60.0%

Properties For Sale ................................................

51

73

71

54

5.9%

Days on Market (Pending Sale) ...........................

88

67

82

90

2.3%

Month’s Supply of Inventory ................................

12.8

6.6

17.8

18

41.2%

Percent Under Contract ........................................

9.8%

12.3%

15.5%

14.8%

51.1%

Average Median Price for Last 12 Months ........

$893,275

$1,157,083

$1,201,667

$1,077,885

20.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$787

FEB

$805,000

MAR APR

MEDIAN SALES PRICE

MAY

$407

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

18 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 2017

telesproperties.com


Marina DATA*

Jan 2016

6 month

3 month

Jan 2017

% change

Median Price ..........................................................

$460,000

$475,000

$505,500

$549,000

19.3%

Average Price per Square Foot ...........................

$265

$333

$326

$327

23.4%

Properties Sold .......................................................

9

11

14

7

-22.2%

Properties Pending Sale .......................................

9

10

7

6

-33.3%

Properties For Sale ................................................

22

27

31

32

45.5%

Days on Market (Pending Sale) ...........................

37

23

40

50

35.1%

Month’s Supply of Inventory ................................

2.4

2.5

2.2

4.6

87.0%

Percent Under Contract ........................................

40.9%

37.0%

22.6%

18.8%

-54.2%

Average Median Price for Last 12 Months ........

$448,363

$513,583

$512,000

$491,154

9.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot JAN

$460

FEB

$549,000

MAR APR

MEDIAN SALES PRICE

MAY

$327

JUN JUL

AVERAGE PRICE PER SQ FT

AUG SEP OCT

4.6 MONTH’S SUPPLY OF INVENTORY

NOV DEC JAN