January 2017 Micro Market Report | Teles Properties

Page 102

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


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