July 2014 Micro Market Report | Teles Properties

Page 72

San Marino DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,777,000

$2,060,000

$2,118,000

$2,059,000

15.9%

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

$686

$788

$858

$985

43.6%

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

14

8

13

9

-35.7%

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

14

5

15

12

-14.3%

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

17

10

11

27

58.8%

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

49

41

19

36

-26.5%

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

1.2

1.2

0.8

3

147.1%

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

82.4%

50.0%

136.4%

44.4%

-46.0%

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

$1,686,154

$2,191,167

$2,056,667

$2,009,846

19.2%

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

current market snapshot JUL

$1.777

AUG

$2,059,000

SEP OCT

MEDIAN SALES PRICE

NOV

$985

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.059 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

telesproperties.com


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