Arcadia DATA*
Jul 2013
6 month
3 month
Jul 2014
% change
Median Price ..........................................................
$1,290,000
$1,780,000
$1,484,000
$1,425,000
10.5%
Average Price per Square Foot ...........................
$525
$589
$546
$682
29.9%
Properties Sold .......................................................
43
25
36
39
-9.3%
Properties Pending Sale .......................................
47
37
33
38
-19.1%
Properties For Sale ................................................
115
81
105
169
47.0%
Days on Market (Pending Sale) ...........................
39
75
41
46
17.9%
Month’s Supply of Inventory ................................
2.7
3.2
2.9
4.3
62.0%
Percent Under Contract ........................................
40.9%
45.7%
31.4%
22.5%
-45.0%
Average Median Price for Last 12 Months ........
$1,105,538
$1,412,167
$1,340,333
$1,378,308
24.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot JUL
$1.290
AUG
$1,425,000
SEP OCT
MEDIAN SALES PRICE
NOV
$682
DEC JAN
AVERAGE PRICE PER SQ FT
FEB MAR APR
4.3 MONTH’S SUPPLY OF INVENTORY
MAY JUN JUL
$1.425 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : July 2014
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