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micro market report luxury real estate market research July 2014 | LOS ANGELES, ORANGE, SANTA BARBARA, & MONTEREY COUNTIES


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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

Mid Los Angeles

Rancho Palos Verdes

Tarzana

Bel Air - Holmby Hills

Mid Wilshire

Redondo Beach

Toluca Lake

Beverly Center - Miracle Mile

Pacific Palisades

Rolling Hills

Valley Village

Beverly Hills

Palms - Mar Vista

Rolling Hills Estates

Woodland Hills

Beverly Hills P.O.

Playa del Rey

San Pedro

San Gabriel Valley Macro

Beverlywood

Playa Vista

Torrance

Altadena

Brentwood

Santa Monica

San Fernando Macro

Arcadia

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Burbank

Duarte

Culver City

Venice

Encino

Eagle Rock

Hancock Park - Wilshire

West Hollywood

Glendale

La Canada Flintridge

Hollywood

West Los Angeles

La Crescenta

Monrovia

Hollywood Hills East

Westchester

North Hollywood

Pasadena

Laurel Canyon

Westwood - Century City

Shadow Hills

San Gabriel

Los Feliz

South Bay Macro

Sherman Oaks

San Marino

Malibu

El Segundo

Studio City

Sierra Madre

Malibu Beach

Manhattan Beach

Sun Valley

South Pasadena

Marina del Rey

Palos Verdes Estates

Sunland - Tujunga

Micro Market Report : July 2014

telesproperties.com


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

Micro Market Report : July 2014

telesproperties.com


Los Angeles County DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$862,500

$823,000

$907,000

$952,900

10.5%

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

$578

$556

$614

$627

8.5%

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

786

499

679

858

9.2%

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

878

647

826

839

-4.4%

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

3,764

3,155

3,606

4,087

8.6%

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

43

57

47

47

9.3%

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

4.8

6.3

5.3

4.8

-0.5%

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

23.3%

20.5%

22.9%

20.5%

-12.0%

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

$717,000

$926,192

$958,633

$886,165

19.1%

*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

$862

AUG

$952,900

SEP OCT

MEDIAN SALES PRICE

NOV

$627

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$952 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


Bel-Air Holmby Hills DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$2,200,000

$2,162,500

$7,400,000

$2,058,000

-6.5%

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

$881

$950

$969

$838

-4.9%

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

15

10

3

13

-13.3%

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

18

4

9

8

-55.6%

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

126

97

107

119

-5.6%

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

51

310

136

44

-13.7%

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

8.4

9.7

35.7

9.2

9.0%

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

14.3%

4.1%

8.4%

6.7%

-52.9%

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

$1,890,000

$3,133,632

$2,588,931

$2,541,638

25.6%

*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

$2.200

AUG

$2,058,000

SEP OCT

MEDIAN SALES PRICE

NOV

$838

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

9.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.058 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


Beverly Center - Miracle Mile DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,278,000

$1,300,000

$1,265,000

$1,314,500

2.9%

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

$633

$536

$623

$645

1.9%

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

19

11

13

17

-10.5%

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

26

15

15

19

-26.9%

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

64

59

58

75

17.2%

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

31

32

51

35

12.9%

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

3.4

5.4

4.5

4.4

31.0%

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

40.6%

25.4%

25.9%

25.3%

-37.6%

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

$1,052,000

$1,298,292

$1,324,500

$1,302,380

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

$1.278

AUG

$1,314,500

SEP OCT

MEDIAN SALES PRICE

NOV

$645

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.314 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


Beverly Hills DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$3,700,000

$5,198,500

$4,157,000

$3,050,000

-17.6%

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

$1,084

$1,063

$1,145

$1,070

-1.3%

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

14

12

18

11

-21.4%

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

16

9

12

14

-12.5%

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

112

92

90

95

-15.2%

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

70

42

26

46

-34.3%

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

8

7.7

5

8.6

8.0%

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

14.3%

9.8%

13.3%

14.7%

3.2%

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

$4,088,000

$4,433,667

$4,065,000

$4,760,992

14.1%

*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

$3.700

AUG

$3,050,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,070

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.050 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


Beverly Hills- Post Office DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$2,170,178

$2,150,000

$2,740,000

$2,960,000

36.4%

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

$750

$772

$801

$916

22.1%

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

18

11

16

12

-33.3%

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

19

15

11

15

-21.1%

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

127

116

121

132

3.9%

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

49

64

62

93

89.8%

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

7.1

10.5

7.6

11

55.9%

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

15.0%

12.9%

9.1%

11.4%

-24.0%

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

$1,976,000

$2,370,000

$2,201,667

$2,208,591

10.5%

*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

$2.170

AUG

$2,960,000

SEP OCT

MEDIAN SALES PRICE

NOV

$916

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

11 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.960 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


Beverlywood DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$960,000

$910,000

$1,107,500

$1,029,000

7.2%

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

$485

$573

$616

$580

19.6%

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

11

10

20

19

72.7%

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

16

20

16

21

31.2%

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

52

58

55

67

28.8%

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

22

40

52

46

109.1%

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

4.7

5.8

2.8

3.5

-25.4%

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

30.8%

34.5%

29.1%

31.3%

1.9%

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

$793,000

$950,083

$958,167

$964,385

17.8%

*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

$960

AUG

$1,029,000

SEP OCT

MEDIAN SALES PRICE

NOV

$580

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.029 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


Brentwood DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$2,700,000

$2,190,000

$2,575,000

$2,717,500

0.6%

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

$876

$949

$986

$909

3.8%

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

25

11

13

20

-20.0%

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

25

13

17

19

-24.0%

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

112

77

112

108

-3.6%

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

65

61

63

56

-13.8%

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

4.5

7

8.6

5.4

20.5%

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

22.3%

16.9%

15.2%

17.6%

-21.2%

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

$2,138,000

$2,996,500

$2,871,333

$2,637,714

18.9%

*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

$2.700

AUG

$2,717,500

SEP OCT

MEDIAN SALES PRICE

NOV

$909

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.717 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


Cheviot Hills - Rancho Park DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,939,500

$1,800,000

$1,285,000

$1,395,000

-28.1%

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

$648

$892

$621

$746

15.1%

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

6

3

7

7

16.7%

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

8

3

7

9

12.5%

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

24

9

18

27

12.5%

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

40

33

22

26

-35.0%

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

4

3

2.6

3.9

-3.6%

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

33.3%

33.3%

38.9%

33.3%

0.0%

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

$1,357,000

$1,577,233

$1,550,833

$1,559,665

13.0%

*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 $1.939

JUL AUG

$1,395,000

SEP OCT

MEDIAN SALES PRICE

NOV

$746

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Culver City DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$810,000

$700,000

$902,000

$893,250

10.3%

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

$488

$532

$597

$596

22.1%

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

23

9

22

16

-30.4%

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

22

11

12

16

-27.3%

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

66

30

34

53

-19.7%

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

38

49

14

20

-47.4%

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

2.9

3.3

1.5

3.3

15.4%

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

33.3%

36.7%

35.3%

30.2%

-9.4%

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

$735,000

$826,708

$861,083

$815,173

9.8%

*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

$810

AUG

$893,250

SEP OCT

MEDIAN SALES PRICE

NOV

$596

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$893 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


Hancock Park - Wilshire DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,128,500

$1,531,250

$1,215,000

$1,625,000

44.0%

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

$575

$536

$580

$661

15.0%

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

24

14

19

26

8.3%

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

18

23

26

29

61.1%

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

97

78

108

116

19.6%

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

35

63

43

52

48.6%

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

4

5.6

5.7

4.5

10.4%

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

18.6%

29.5%

24.1%

25.0%

34.7%

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

$1,088,000

$1,367,700

$1,367,750

$1,322,813

17.8%

*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

$1.128

AUG

$1,625,000

SEP OCT

MEDIAN SALES PRICE

NOV

$661

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.625 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


Hollywood DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$678,000

$0

$857,500

$687,000

1.3%

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

$414

$0

$545

$457

10.4%

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

11

0

4

6

-45.5%

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

4

4

5

5

25.0%

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

16

16

29

21

31.2%

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

15

36

53

14

-6.7%

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

1.5

0

7.2

3.5

140.6%

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

25.0%

25.0%

17.2%

23.8%

-4.8%

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

$687,000

$1,109,519

$1,006,538

$865,760

20.6%

*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

$678

AUG

$687,000

SEP OCT

MEDIAN SALES PRICE

NOV

$457

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$687 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


Hollywood Hills East DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,077,500

$1,460,000

$1,143,500

$1,134,000

5.2%

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

$486

$553

$527

$512

5.3%

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

6

9

8

18

200.0%

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

15

6

10

9

-40.0%

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

67

51

61

69

3.0%

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

58

36

62

79

36.2%

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

4.5

8.5

6.1

3.8

-14.2%

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

22.4%

11.8%

16.4%

13.0%

-41.7%

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

$973,000

$1,158,525

$1,066,883

$1,155,500

15.8%

*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

$1.077

AUG

$1,134,000

SEP OCT

MEDIAN SALES PRICE

NOV

$512

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Laurel Canyon DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,265,000

$1,076,442

$1,290,000

$1,428,000

12.9%

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

$595

$574

$805

$727

22.2%

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

25

20

20

33

32.0%

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

31

31

32

24

-22.6%

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

138

144

142

147

6.5%

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

56

56

55

49

-12.5%

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

4.5

4.6

4.4

4.5

0.1%

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

22.5%

21.5%

22.5%

16.3%

-27.3%

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

$1,162,000

$1,386,333

$1,322,667

$1,324,331

12.3%

*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

$1.265

AUG

$1,428,000

SEP OCT

MEDIAN SALES PRICE

NOV

$727

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.428 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


Los Feliz DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,193,000

$972,000

$1,592,500

$1,250,000

4.8%

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

$588

$698

$639

$603

2.6%

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

26

14

16

21

-19.2%

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

20

16

23

24

20.0%

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

74

68

91

99

33.8%

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

55

50

28

35

-36.4%

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

3.7

4.2

4

4.7

27.4%

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

27.0%

23.5%

25.3%

24.2%

-10.3%

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

$1,068,000

$1,255,833

$1,247,500

$1,278,462

16.5%

*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

$1.193

AUG

$1,250,000

SEP OCT

MEDIAN SALES PRICE

NOV

$603

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.250 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 : July 2014

telesproperties.com


Malibu DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,825,000

$2,225,000

$2,200,000

$2,665,000

46.0%

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

$652

$726

$649

$809

24.1%

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

17

7

15

18

5.9%

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

15

14

12

13

-13.3%

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

222

171

193

220

-0.9%

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

94

143

104

185

96.8%

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

13.1

24.4

12.9

12.2

-6.4%

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

6.8%

8.2%

6.2%

5.9%

-12.5%

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

$1,881,000

$2,300,327

$2,546,667

$2,237,170

15.9%

*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

$1.825

AUG

$2,665,000

SEP OCT

MEDIAN SALES PRICE

NOV

$809

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

12.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.665 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


Malibu Beach DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$2,218,750

$4,716,250

$3,595,125

$4,845,000

118.4%

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

$1,149

$1,883

$1,193

$1,640

42.7%

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

4

2

2

2

-50.0%

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

5

5

2

5

0.0%

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

83

64

78

85

2.4%

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

303

260

75

72

-76.2%

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

20.8

32

39

42.5

104.8%

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

6.0%

7.8%

2.6%

5.9%

-2.4%

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

$5,858,000

$6,160,854

$6,791,667

$6,284,846

6.8%

*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

$2.218

AUG

$4,845,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,640

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

42.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$4.845 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


Marina Del Rey DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,262,500

$2,050,000

$1,260,000

$0

-100.0%

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

$620

$591

$554

$0

-100.0%

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

4

1

8

0

-100.0%

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

4

7

6

3

-25.0%

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

21

24

23

27

28.6%

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

29

52

44

22

-24.1%

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

5.2

24

2.9

0

0%

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

19.0%

29.2%

26.1%

11.1%

-41.7%

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

$1,532,000

$1,808,200

$2,408,000

$1,616,625

5.2%

*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

$1.262

AUG

No sales

SEP OCT

MEDIAN SALES PRICE

NOV

No sales

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

No sales MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL 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


Mid Los Angeles DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$655,000

$450,000

$526,000

$525,000

-19.8%

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

$296

$257

$325

$297

0.3%

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

10

9

15

15

50.0%

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

16

14

25

15

-6.2%

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

75

57

64

67

-10.7%

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

36

52

49

37

2.8%

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

7.5

6.3

4.3

4.5

-40.4%

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

21.3%

24.6%

39.1%

22.4%

4.9%

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

$391,000

$532,344

$578,333

$505,312

22.6%

*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 $655

JUL AUG

$525,000

SEP OCT

MEDIAN SALES PRICE

NOV

$297

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Mid Wilshire DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$330,000

$545,000

$747,000

$610,000

84.8%

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

$154

$387

$330

$305

98.1%

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

1

1

2

3

200.0%

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

2

0

4

0

-100.0%

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

16

9

18

15

-6.2%

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

40

0

56

0

-100.0%

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

16

9

9

5

-68.8%

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

12.5%

0.0%

22.2%

0.0%

-100.0%

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

$445,000

$661,750

$633,333

$581,909

23.5%

*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

$330

AUG

$610,000

SEP OCT

MEDIAN SALES PRICE

NOV

$305

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$610 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


Pacific Palisades DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$2,026,188

$2,492,000

$2,472,500

$2,862,467

41.3%

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

$767

$721

$886

$905

18.0%

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

36

14

24

45

25.0%

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

38

20

33

25

-34.2%

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

133

109

118

124

-6.8%

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

48

69

68

28

-41.7%

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

3.7

7.8

4.9

2.8

-25.4%

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

28.6%

18.3%

28.0%

20.2%

-29.4%

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

$2,166,000

$2,779,995

$2,807,489

$2,571,958

15.8%

*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

$2.026

AUG

$2,862,467

SEP OCT

MEDIAN SALES PRICE

NOV

$905

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.862 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


Palms - Mar Vista DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$921,000

$760,000

$1,125,000

$967,000

5.0%

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

$588

$571

$653

$687

16.8%

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

29

17

25

34

17.2%

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

28

19

23

24

-14.3%

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

68

55

62

90

32.4%

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

33

29

23

32

-3.0%

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

2.3

3.2

2.5

2.6

12.9%

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

41.2%

34.5%

37.1%

26.7%

-35.2%

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

$827,000

$1,096,583

$1,007,333

$1,024,850

19.3%

*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

$921

AUG

$967,000

SEP OCT

MEDIAN SALES PRICE

NOV

$687

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$967 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


Playa Del Rey DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,340,000

$1,082,710

$1,778,000

$1,260,000

-6.0%

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

$495

$611

$492

$532

7.5%

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

4

3

4

3

-25.0%

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

2

4

4

3

50.0%

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

20

13

16

16

-20.0%

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

26

66

22

51

96.2%

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

5

4.3

4

5.3

6.7%

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

10.0%

30.8%

25.0%

18.8%

87.5%

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

$1,138,000

$1,277,424

$1,150,167

$1,235,981

7.9%

*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

$1.340

AUG

$1,260,000

SEP OCT

MEDIAN SALES PRICE

NOV

$532

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.260 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


Playa Vista DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,499,000

$0

$1,000,000

$829,000

-44.7%

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

$433

$0

$363

$549

26.8%

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

1

0

1

1

0.0%

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

4

0

1

2

-50.0%

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

10

7

6

6

-40.0%

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

27

0

87

27

0.0%

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

10

0

6

6

-40.0%

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

40.0%

0.0%

16.7%

33.3%

-16.7%

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

$1,159,000

$1,051,499

$1,035,500

$1,215,937

4.7%

*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 $1.499

JUL AUG

$829,000

SEP OCT

MEDIAN SALES PRICE

NOV

$549

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$829 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


Santa Monica DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$2,683,000

$1,488,000

$2,225,000

$1,682,500

-37.3%

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

$1,224

$1,043

$927

$902

-26.3%

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

26

7

20

28

7.7%

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

23

15

22

25

8.7%

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

86

66

82

90

4.7%

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

33

62

47

40

21.2%

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

3.3

9.4

4.1

3.2

-2.8%

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

26.7%

22.7%

26.8%

27.8%

3.9%

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

$1,968,000

$1,975,167

$1,805,833

$1,949,096

-1.0%

*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 $2.683

JUL AUG

$1,682,500

SEP OCT

MEDIAN SALES PRICE

NOV

$902

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.682 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


Sunset Strip - Hollywood Hills West DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,500,000

$1,220,000

$1,642,500

$1,925,000

28.3%

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

$622

$639

$893

$773

24.3%

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

30

24

33

46

53.3%

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

36

36

41

26

-27.8%

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

268

237

245

263

-1.9%

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

67

70

75

61

-9.0%

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

8.9

9.9

7.4

5.7

-36.0%

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

13.4%

15.2%

16.7%

9.9%

-26.4%

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

$1,430,000

$1,757,790

$1,809,253

$1,578,903

9.4%

*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

$1.500

AUG

$1,925,000

SEP OCT

MEDIAN SALES PRICE

NOV

$773

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.925 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


Venice DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,250,000

$1,270,000

$1,722,000

$1,750,000

40.0%

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

$775

$972

$727

$981

26.6%

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

19

14

8

22

15.8%

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

16

8

22

18

12.5%

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

71

51

55

62

-12.7%

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

28

42

34

37

32.1%

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

3.7

3.6

6.9

2.8

-24.6%

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

22.5%

15.7%

40.0%

29.0%

28.8%

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

$1,303,000

$1,622,133

$1,634,167

$1,473,100

13.1%

*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

$1.250

AUG

$1,750,000

SEP OCT

MEDIAN SALES PRICE

NOV

$981

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.750 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


West Hollywood DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$950,750

$1,077,884

$1,376,130

$943,000

-0.8%

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

$647

$618

$921

$881

36.2%

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

12

17

10

10

-16.7%

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

8

8

11

14

75.0%

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

45

42

43

58

28.9%

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

41

73

29

20

-51.2%

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

3.8

2.5

4.3

5.8

54.7%

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

17.8%

19.0%

25.6%

24.1%

35.8%

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

$1,126,000

$1,147,095

$1,121,313

$1,144,112

1.6%

*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

$950

AUG

$943,000

SEP OCT

MEDIAN SALES PRICE

NOV

$881

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$943 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


West Los Angeles DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$900,000

$805,000

$891,000

$810,000

-10.0%

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

$569

$531

$602

$714

25.5%

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

7

4

8

7

0.0%

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

6

8

11

7

16.7%

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

25

19

30

33

32.0%

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

43

38

47

46

7.0%

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

3.6

4.8

3.8

4.7

32.0%

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

24.0%

42.1%

36.7%

21.2%

-11.6%

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

$711,000

$858,292

$864,417

$839,723

18.1%

*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

$900

AUG

$810,000

SEP OCT

MEDIAN SALES PRICE

NOV

$714

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$810 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


Westchester DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$767,000

$1,060,000

$814,000

$814,000

6.1%

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

$465

$479

$482

$494

6.2%

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

23

7

17

33

43.5%

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

24

12

16

27

12.5%

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

60

32

63

81

35.0%

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

26

25

28

34

30.8%

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

2.6

4.6

3.7

2.5

-5.9%

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

40.0%

37.5%

25.4%

33.3%

-16.7%

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

$700,000

$816,167

$792,667

$816,846

16.7%

*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

$767

AUG

$814,000

SEP OCT

MEDIAN SALES PRICE

NOV

$494

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$814 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


Westwood - Century City DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$2,025,500

$1,425,000

$1,615,000

$2,200,000

8.6%

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

$756

$723

$701

$793

4.9%

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

10

8

14

21

110.0%

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

16

6

16

19

18.8%

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

58

34

62

68

17.2%

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

26

74

38

40

53.8%

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

5.8

4.2

4.4

3.2

-44.2%

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

27.6%

17.6%

25.8%

27.9%

1.3%

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

$1,381,000

$1,865,000

$1,863,333

$1,698,923

23.0%

*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

$2.025

AUG

$2,200,000

SEP OCT

MEDIAN SALES PRICE

NOV

$793

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.200 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


South Bay Macro Market DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,370,778

$1,544,778

$1,276,222

$1,322,906

-3.5%

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

$545

$540

$547

$539

-1.0%

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

262

132

192

239

-8.8%

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

233

149

208

206

-11.6%

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

740

535

648

778

5.1%

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

38

45

44

36

-4.7%

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

2.8

4.1

3.4

3.3

15.3%

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

31.5%

27.9%

32.1%

26.5%

-15.9%

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

$1,214,556

$1,286,971

$1,431,972

$1,353,025

11.4%

*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

$1.370

AUG

$1,322,906

SEP OCT

MEDIAN SALES PRICE

NOV

$539

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.322 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


El Segundo DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$799,500

$840,500

$947,500

$950,000

18.8%

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

$495

$558

$495

$426

-13.9%

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

10

4

8

9

-10.0%

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

7

2

6

8

14.3%

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

22

15

21

16

-27.3%

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

26

29

37

36

38.5%

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

2.2

3.8

2.6

1.8

-19.2%

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

31.8%

13.3%

28.6%

50.0%

57.1%

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

$847,000

$882,917

$889,333

$845,442

-0.2%

*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

$799

AUG

$950,000

SEP OCT

MEDIAN SALES PRICE

NOV

$426

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Manhattan Beach DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,575,000

$2,217,500

$1,837,500

$1,955,250

24.1%

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

$825

$703

$843

$782

-5.2%

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

35

10

42

31

-11.4%

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

28

23

32

25

-10.7%

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

93

58

95

89

-4.3%

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

35

60

35

31

-11.4%

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

2.7

5.8

2.3

2.9

8.0%

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

30.1%

39.7%

33.7%

28.1%

-6.7%

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

$1,588,000

$1,889,958

$1,961,750

$1,839,519

15.8%

*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

$1.575

AUG

$1,955,250

SEP OCT

MEDIAN SALES PRICE

NOV

$782

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.955 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


Palos Verdes Estates DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,335,000

$1,775,500

$1,530,000

$1,650,000

23.6%

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

$642

$647

$600

$592

-7.8%

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

24

10

16

19

-20.8%

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

16

9

12

19

18.8%

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

69

45

63

84

21.7%

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

64

36

70

38

-40.6%

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

2.9

4.5

3.9

4.4

53.8%

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

23.2%

20.0%

19.0%

22.6%

-2.5%

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

$1,592,000

$1,540,833

$1,530,000

$1,547,462

-2.8%

*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

$1.335

AUG

$1,650,000

SEP OCT

MEDIAN SALES PRICE

NOV

$592

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.650 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


Rancho Palos Verdes DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,200,000

$1,100,000

$1,045,000

$1,094,400

-8.8%

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

$440

$528

$523

$518

17.7%

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

37

25

24

48

29.7%

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

43

19

30

43

0.0%

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

135

92

112

165

22.2%

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

35

64

44

55

57.1%

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

3.6

3.7

4.7

3.4

-5.8%

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

31.9%

20.7%

26.8%

26.1%

-18.2%

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

$1,018,000

$1,188,733

$1,220,800

$1,165,800

14.5%

*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

$1.200

AUG

$1,094,400

SEP OCT

MEDIAN SALES PRICE

NOV

$518

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.094 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


Redondo Beach DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$882,000

$802,000

$900,000

$1,019,000

15.5%

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

$535

$558

$558

$539

0.7%

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

38

29

29

38

0.0%

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

30

23

31

27

-10.0%

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

100

72

79

97

-3.0%

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

27

34

35

36

33.3%

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

2.6

2.5

2.7

2.6

-3.0%

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

30.0%

31.9%

39.2%

27.8%

-7.2%

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

$804,000

$890,848

$913,029

$870,122

8.2%

*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

$882

AUG

$1,019,000

SEP OCT

MEDIAN SALES PRICE

NOV

$539

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.019 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


Rolling Hills DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$4,087,500

$5,000,000

$2,925,000

$2,785,000

-31.9%

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

$742

$625

$683

$638

-14.0%

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

2

1

3

3

50.0%

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

1

1

1

2

100.0%

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

17

12

21

23

35.3%

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

11

5

32

7

-36.4%

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

8.5

12

7

7.7

-9.8%

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

5.9%

8.3%

4.8%

8.7%

47.8%

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

$2,738,000

$3,468,375

$3,649,500

$3,434,150

25.4%

*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 $4.087

JUL AUG

$2,785,000

SEP OCT

MEDIAN SALES PRICE

NOV

$638

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.785 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


Rolling Hills Estates DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,290,000

$1,000,000

$1,182,000

$1,300,000

0.8%

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

$488

$457

$480

$573

17.4%

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

8

1

6

15

87.5%

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

13

5

11

6

-53.8%

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

30

17

26

33

10.0%

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

72

73

40

32

-55.6%

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

3.8

17

4.3

2.2

-41.3%

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

43.3%

29.4%

42.3%

18.2%

-58.0%

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

$1,292,000

$1,360,333

$1,535,000

$1,328,423

2.8%

*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

$1,300,000

SEP OCT

MEDIAN SALES PRICE

NOV

$573

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


San Pedro DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$509,000

$515,000

$490,000

$522,500

2.7%

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

$337

$386

$331

$365

8.3%

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

43

20

23

24

-44.2%

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

33

25

31

23

-30.3%

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

129

113

113

117

-9.3%

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

48

58

74

53

10.4%

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

3

5.6

4.9

4.9

62.5%

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

25.6%

22.1%

27.4%

19.7%

-23.2%

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

$466,000

$517,917

$537,500

$505,038

8.4%

*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

$509

AUG

$522,500

SEP OCT

MEDIAN SALES PRICE

NOV

$365

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$522 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


Torrance DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$659,000

$652,500

$629,000

$630,000

-4.4%

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

$398

$395

$409

$422

6.0%

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

65

32

41

52

-20.0%

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

62

42

54

53

-14.5%

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

145

111

118

154

6.2%

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

23

42

29

37

60.9%

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

2.2

3.5

2.9

3

32.8%

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

42.8%

37.8%

45.8%

34.4%

-19.5%

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

$586,000

$640,667

$650,833

$641,269

9.4%

*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

$659

AUG

$630,000

SEP OCT

MEDIAN SALES PRICE

NOV

$422

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$630 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


San Fernando Valley Macro Market DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$670,500

$763,500

$790,714

$803,357

19.8%

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

$369

$361

$384

$396

7.2%

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

544

346

448

461

-15.3%

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

558

380

490

479

-14.2%

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

952

811

996

1,202

26.3%

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

47

69

58

52

11.0%

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

1.8

2.3

2.2

2.6

49.0%

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

58.6%

46.9%

49.2%

39.9%

-32.0%

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

$637,714

$776,048

$797,286

$741,599

16.3%

*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

$670

AUG

$803,357

SEP OCT

MEDIAN SALES PRICE

NOV

$396

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$803 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


Burbank DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$605,000

$630,000

$610,000

$688,000

13.7%

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

$395

$388

$373

$413

4.6%

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

56

49

52

57

1.8%

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

72

46

49

51

-29.2%

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

72

73

62

85

18.1%

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

35

46

46

38

8.6%

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

1.3

1.5

1.2

1.5

16.0%

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

100.0%

63.0%

79.0%

60.0%

-40.0%

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

$541,000

$648,667

$664,000

$624,923

15.5%

*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

$605

AUG

$688,000

SEP OCT

MEDIAN SALES PRICE

NOV

$413

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$688 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


Encino DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$875,000

$938,000

$985,000

$1,099,000

25.6%

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

$399

$403

$416

$492

23.3%

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

49

32

41

41

-16.3%

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

42

29

51

40

-4.8%

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

96

80

110

112

16.7%

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

41

74

44

61

48.8%

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

2

2.5

2.7

2.7

39.4%

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

43.8%

36.2%

46.4%

35.7%

-18.4%

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

$780,923

$1,078,333

$1,044,667

$1,009,846

29.3%

*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

$875

AUG

$1,099,000

SEP OCT

MEDIAN SALES PRICE

NOV

$492

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.099 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


Glendale DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$700,000

$760,000

$708,000

$725,000

3.6%

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

$378

$354

$394

$406

7.4%

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

64

40

50

64

0.0%

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

77

40

58

61

-20.8%

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

115

91

108

121

5.2%

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

51

53

60

46

-9.8%

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

1.8

2.3

2.2

1.9

5.2%

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

67.0%

44.0%

53.7%

50.4%

-24.7%

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

$618,846

$720,167

$745,333

$713,308

15.3%

*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

$700

AUG

$725,000

SEP OCT

MEDIAN SALES PRICE

NOV

$406

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$725 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


La Crescenta DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$635,000

$610,000

$749,000

$759,000

19.5%

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

$415

$408

$399

$406

-2.2%

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

19

15

18

19

0.0%

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

19

13

22

30

57.9%

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

34

24

38

48

41.2%

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

32

57

45

47

46.9%

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

1.8

1.6

2.1

2.5

41.2%

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

55.9%

54.2%

57.9%

62.5%

11.8%

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

$603,154

$726,333

$728,667

$678,615

12.5%

*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

$635

AUG

$759,000

SEP OCT

MEDIAN SALES PRICE

NOV

$406

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


North Hollywood DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$368,000

$393,000

$448,000

$470,000

27.7%

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

$291

$304

$337

$323

11.0%

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

49

26

42

30

-38.8%

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

43

46

49

36

-16.3%

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

51

71

69

83

62.7%

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

42

50

61

40

-4.8%

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

1

2.7

1.6

2.8

165.8%

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

84.3%

64.8%

71.0%

43.4%

-48.6%

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

$346,615

$443,000

$440,000

$418,385

20.7%

*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

$368

AUG

$470,000

SEP OCT

MEDIAN SALES PRICE

NOV

$323

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$470 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


Shadow Hills DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$590,000

$1,025,000

$813,000

$873,000

48.0%

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

$242

$259

$267

$282

16.5%

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

5

3

2

4

-20.0%

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

3

1

2

3

0.0%

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

20

4

10

13

-35.0%

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

43

79

51

41

-4.7%

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

4

1.3

5

3.2

-18.8%

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

15.0%

25.0%

20.0%

23.1%

53.8%

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

$604,615

$760,167

$704,333

$741,077

22.6%

*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

$590

AUG

$873,000

SEP OCT

MEDIAN SALES PRICE

NOV

$282

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$873 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


Sherman Oaks DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$809,000

$1,033,000

$938,000

$957,000

18.3%

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

$420

$431

$449

$467

11.2%

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

72

40

59

56

-22.2%

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

63

50

72

71

12.7%

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

120

101

125

168

40.0%

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

50

97

57

45

-10.0%

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

1.7

2.5

2.1

3

80.0%

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

52.5%

49.5%

57.6%

42.3%

-19.5%

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

$742,846

$918,333

$947,333

$878,077

18.2%

*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

$809

AUG

$957,000

SEP OCT

MEDIAN SALES PRICE

NOV

$467

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Studio City DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$950,000

$1,122,000

$1,270,000

$1,245,000

31.1%

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

$498

$481

$527

$545

9.4%

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

27

21

24

36

33.3%

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

35

26

32

35

0.0%

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

83

67

91

91

9.6%

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

52

57

60

57

9.6%

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

3.1

3.2

3.8

2.5

-17.8%

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

42.2%

38.8%

35.2%

38.5%

-8.8%

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

$879,615

$1,189,167

$1,213,333

$1,123,615

27.7%

*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

$950

AUG

$1,245,000

SEP OCT

MEDIAN SALES PRICE

NOV

$545

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.245 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


Sun Valley DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$355,000

$350,000

$379,000

$380,000

7.0%

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

$274

$257

$285

$273

-0.4%

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

29

12

19

20

-31.0%

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

27

13

19

13

-51.9%

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

29

25

34

35

20.7%

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

72

87

74

40

-44.4%

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

1

2.1

1.8

1.8

75.0%

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

93.1%

52.0%

55.9%

37.1%

-60.1%

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

$352,769

$388,833

$377,000

$375,846

6.5%

*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

$355

AUG

$380,000

SEP OCT

MEDIAN SALES PRICE

NOV

$273

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$380 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


Sunland/Tujunga DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$400,000

$426,000

$467,000

$445,000

11.2%

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

$289

$294

$308

$322

11.4%

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

46

38

32

35

-23.9%

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

43

33

37

39

-9.3%

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

63

47

78

91

44.4%

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

44

71

46

55

25.0%

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

1.4

1.2

2.4

2.6

89.8%

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

68.3%

70.2%

47.4%

42.9%

-37.2%

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

$363,846

$440,000

$444,000

$429,077

17.9%

*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

$400

AUG

$445,000

SEP OCT

MEDIAN SALES PRICE

NOV

$322

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Tarzana DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$885,000

$833,000

$1,046,000

$985,000

11.3%

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

$335

$334

$328

$348

3.9%

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

30

20

30

26

-13.3%

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

37

23

19

22

-40.5%

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

65

71

75

108

66.2%

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

63

70

77

59

-6.3%

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

2.2

3.6

2.5

4.2

91.7%

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

56.9%

32.4%

25.3%

20.4%

-64.2%

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

$756,462

$884,000

$914,333

$830,231

9.8%

*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

$885

AUG

$985,000

SEP OCT

MEDIAN SALES PRICE

NOV

$348

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$985 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


Toluca Lake DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$820,000

$1,148,000

$1,272,000

$1,158,000

41.2%

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

$507

$465

$579

$495

-2.4%

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

5

6

8

4

-20.0%

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

5

4

3

8

60.0%

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

18

15

9

25

38.9%

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

48

87

69

54

12.5%

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

3.6

2.5

1.1

6.2

73.6%

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

27.8%

26.7%

33.3%

32.0%

15.2%

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

$1,089,231

$1,257,000

$1,505,667

$1,139,385

4.6%

*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

$820

AUG

$1,158,000

SEP OCT

MEDIAN SALES PRICE

NOV

$495

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.158 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


Valley Village DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$745,000

$751,000

$675,000

$778,000

4.4%

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

$411

$364

$400

$435

5.8%

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

22

12

10

12

-45.5%

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

17

9

10

12

-29.4%

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

36

19

27

27

-25.0%

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

33

73

57

77

133.3%

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

1.6

1.6

2.7

2.2

37.5%

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

47.2%

47.4%

37.0%

44.4%

-5.9%

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

$667,923

$736,500

$755,000

$755,846

13.2%

*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

$745

AUG

$778,000

SEP OCT

MEDIAN SALES PRICE

NOV

$435

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$778 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


Woodland Hills DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$650,000

$670,000

$710,000

$685,000

5.4%

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

$312

$311

$312

$333

6.7%

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

71

32

61

57

-19.7%

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

75

47

67

58

-22.7%

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

150

123

160

195

30.0%

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

47

61

63

65

38.3%

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

2.1

3.8

2.6

3.4

61.9%

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

50.0%

38.2%

41.9%

29.7%

-40.5%

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

$580,154

$674,167

$678,333

$664,154

14.5%

*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

$650

AUG

$685,000

SEP OCT

MEDIAN SALES PRICE

NOV

$333

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$685 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


San Gabriel Valley Macro Market DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$901,364

$927,000

$947,455

$963,000

6.8%

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

$451

$471

$484

$527

16.8%

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

366

207

273

316

-13.7%

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

382

218

281

326

-14.7%

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

650

447

575

734

12.9%

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

49

60

39

42

-13.1%

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

1.8

2.2

2.1

2.3

30.8%

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

58.8%

48.8%

48.9%

44.4%

-24.4%

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

$795,497

$957,500

$947,848

$915,000

15.0%

*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

$901

AUG

$963,000

SEP OCT

MEDIAN SALES PRICE

NOV

$527

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$963 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


Altadena DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$611,000

$507,000

$550,000

$570,000

-6.7%

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

$373

$388

$380

$394

5.6%

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

54

28

33

29

-46.3%

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

51

22

37

34

-33.3%

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

54

47

42

74

37.0%

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

51

60

48

36

-29.4%

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

1

1.7

1.3

2.6

155.2%

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

94.4%

46.8%

88.1%

45.9%

-51.4%

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

$523,077

$583,333

$620,000

$583,385

11.5%

*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

$611

AUG

$570,000

SEP OCT

MEDIAN SALES PRICE

NOV

$394

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


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

telesproperties.com


Duarte DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$430,000

$330,000

$374,000

$425,000

-1.2%

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

$315

$301

$301

$308

-2.2%

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

14

12

14

15

7.1%

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

17

20

19

18

5.9%

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

17

19

19

23

35.3%

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

51

34

39

33

-35.3%

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

1.2

1.6

1.4

1.5

26.3%

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

100.0%

105.3%

100.0%

78.3%

-21.7%

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

$344,385

$430,000

$427,667

$408,308

18.6%

*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

$430

AUG

$425,000

SEP OCT

MEDIAN SALES PRICE

NOV

$308

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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

telesproperties.com


Eagle Rock DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$610,000

$561,000

$697,000

$730,000

19.7%

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

$395

$446

$396

$494

25.1%

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

21

5

5

8

-61.9%

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

18

9

5

4

-77.8%

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

26

11

15

16

-38.5%

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

42

35

52

26

-38.1%

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

1.2

2.2

3

2

61.5%

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

69.2%

81.8%

33.3%

25.0%

-63.9%

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

$514,231

$662,333

$644,333

$616,385

19.9%

*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

$610

AUG

$730,000

SEP OCT

MEDIAN SALES PRICE

NOV

$494

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$730 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


La Canada Flintridge DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,303,000

$1,483,000

$1,240,000

$1,260,000

-3.3%

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

$507

$533

$541

$532

4.9%

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

30

16

23

39

30.0%

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

32

13

27

32

0.0%

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

65

28

46

46

-29.2%

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

44

60

40

34

-22.7%

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

2.2

1.8

2

1.2

-45.6%

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

49.2%

46.4%

58.7%

69.6%

41.3%

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

$1,216,154

$1,321,500

$1,313,000

$1,283,308

5.5%

*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

$1.303

AUG

$1,260,000

SEP OCT

MEDIAN SALES PRICE

NOV

$532

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.260 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


Monrovia DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$578,000

$456,000

$595,000

$610,000

5.5%

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

$385

$374

$373

$399

3.6%

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

35

19

29

34

-2.9%

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

38

18

30

32

-15.8%

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

56

39

61

66

17.9%

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

51

65

33

51

0.0%

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

1.6

2.1

2.1

1.9

21.3%

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

67.9%

46.2%

49.2%

48.5%

-28.5%

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

$502,231

$592,000

$614,333

$565,308

12.6%

*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

$578

AUG

$610,000

SEP OCT

MEDIAN SALES PRICE

NOV

$399

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$610 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


Pasadena DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$679,000

$625,000

$778,000

$773,000

13.8%

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

$485

$436

$489

$512

5.6%

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

99

53

78

106

7.1%

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

113

52

79

110

-2.7%

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

184

136

179

185

0.5%

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

46

66

33

41

-10.9%

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

1.9

2.6

2.3

1.7

-6.1%

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

61.4%

38.2%

44.1%

59.5%

-3.2%

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

$626,462

$749,500

$791,333

$721,615

15.2%

*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

$679

AUG

$773,000

SEP OCT

MEDIAN SALES PRICE

NOV

$512

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$773 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


San Gabriel DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$617,000

$625,000

$613,000

$737,000

19.4%

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

$384

$395

$431

$437

13.8%

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

25

21

20

15

-40.0%

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

28

20

11

20

-28.6%

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

79

42

56

83

5.1%

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

63

62

35

31

-50.8%

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

3.2

2

2.8

5.5

75.1%

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

35.4%

47.6%

19.6%

24.1%

-32.0%

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

$560,231

$682,833

$716,000

$657,846

17.4%

*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

$617

AUG

$737,000

SEP OCT

MEDIAN SALES PRICE

NOV

$437

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$737 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


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


Sierra Madre DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$820,000

$987,000

$802,000

$745,000

-9.1%

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

$444

$398

$422

$404

-9.0%

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

16

9

6

10

-37.5%

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

11

7

14

18

63.6%

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

17

17

23

21

23.5%

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

62

92

37

101

62.9%

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

1.1

1.9

3.8

2.1

97.6%

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

64.7%

41.2%

60.9%

85.7%

32.5%

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

$747,769

$830,167

$793,000

$839,923

12.3%

*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

$820

AUG

$745,000

SEP OCT

MEDIAN SALES PRICE

NOV

$404

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$745 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


South Pasadena DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,200,000

$783,000

$1,171,000

$1,259,000

4.9%

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

$465

$532

$586

$649

39.6%

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

15

11

16

12

-20.0%

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

13

15

11

8

-38.5%

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

20

17

18

24

20.0%

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

36

65

47

29

-19.4%

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

1.3

1.5

1.1

2

50.0%

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

65.0%

88.2%

61.1%

33.3%

-48.7%

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

$953,615

$1,077,500

$1,109,667

$1,000,769

4.9%

*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

$1.200

AUG

$1,259,000

SEP OCT

MEDIAN SALES PRICE

NOV

$649

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.259 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


Orange County

Orange County Macro

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

Long Beach

West Bay - Santa Ana Heights

Dana Point

Lower Newport Bay - Balboa Island

West Newport - Lido

East Bluff - Harbor View

Mission Viejo

Westminster

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Ladera Ranch

San Clemente

Micro Market Report : July 2014

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : July 2014

telesproperties.com


Orange County DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$650,000

$635,700

$675,000

$675,000

3.8%

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

$380

$369

$413

$408

7.4%

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

1965

1041

1573

1639

-16.6%

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

1681

1254

1714

1721

2.4%

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

7,121

5,946

6,863

7,990

12.2%

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

57

79

63

55

-3.5%

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

3.6

5.7

4.4

4.9

34.5%

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

23.6%

21.1%

25.0%

21.5%

-8.8%

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

$575,000

$670,908

$678,650

$658,681

14.6%

*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

$650

AUG

$675,000

SEP OCT

MEDIAN SALES PRICE

NOV

$408

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$675 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


Aliso Viejo DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$709,900

$767,500

$713,500

$736,000

3.7%

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

$346

$330

$359

$357

3.2%

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

25

16

24

16

-36.0%

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

24

14

24

16

-33.3%

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

75

66

80

78

4.0%

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

41

85

53

55

34.1%

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

3

4.1

3.3

4.9

62.5%

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

32.0%

21.2%

30.0%

20.5%

-35.9%

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

$631,000

$718,167

$731,000

$713,031

13.0%

*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

$709

AUG

$736,000

SEP OCT

MEDIAN SALES PRICE

NOV

$357

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$736 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


Balboa Peninsula DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$3,475,000

$3,550,000

$3,400,000

$1,800,000

-48.2%

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

$1,200

$1,012

$1,187

$1,225

2.1%

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

9

1

5

7

-22.2%

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

9

2

7

11

22.2%

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

41

36

41

46

12.2%

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

119

106

68

150

26.1%

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

4.6

36

8.2

6.6

44.3%

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

22.0%

5.6%

17.1%

23.9%

8.9%

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

$1,958,000

$2,949,000

$2,975,000

$2,996,269

53.0%

*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 $3.475

JUL AUG

$1,800,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,225

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.800 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


Corona del Mar - Spyglass DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$2,108,750

$2,323,750

$2,907,500

$1,810,000

-14.2%

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

$765

$1,023

$1,066

$796

4.1%

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

22

6

12

13

-40.9%

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

17

12

13

11

-35.3%

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

79

58

62

76

-3.8%

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

38

94

76

54

42.1%

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

3.6

9.7

5.2

5.8

62.8%

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

21.5%

20.7%

21.0%

14.5%

-32.7%

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

$2,012,000

$2,371,083

$1,994,667

$2,407,923

19.7%

*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

$2.108

AUG

$1,810,000

SEP OCT

MEDIAN SALES PRICE

NOV

$796

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.810 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


Coto de Caza DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$980,000

$900,000

$1,274,500

$1,120,000

14.3%

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

$291

$312

$313

$316

8.6%

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

33

13

18

17

-48.5%

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

20

19

28

23

15.0%

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

130

112

128

149

14.6%

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

46

134

99

76

65.2%

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

3.9

8.6

7.1

8.8

122.5%

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

15.4%

17.0%

21.9%

15.4%

0.3%

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

$968,000

$1,177,083

$1,152,333

$1,105,631

14.2%

*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

$980

AUG

$1,120,000

SEP OCT

MEDIAN SALES PRICE

NOV

$316

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.120 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


Crystal Cove DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$5,950,000

$5,259,000

$4,400,000

$5,325,000

-10.5%

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

$980

$1,119

$1,207

$1,072

9.4%

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

4

1

3

3

-25.0%

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

5

3

2

2

-60.0%

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

31

17

22

22

-29.0%

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

100

72

138

60

-40.0%

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

7.8

17

7.3

7.3

-5.4%

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

16.1%

17.6%

9.1%

9.1%

-43.6%

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

$4,469,000

$4,627,333

$5,108,000

$4,729,577

5.8%

*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

$5.950

AUG

$5,325,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,072

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$5.325 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


Dana Point DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$950,000

$775,000

$980,000

$899,900

-5.3%

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

$504

$417

$527

$527

4.6%

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

35

17

31

33

-5.7%

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

39

25

27

32

-17.9%

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

211

147

184

210

-0.5%

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

58

78

63

93

60.3%

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

6

8.6

5.9

6.4

5.6%

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

18.5%

17.0%

14.7%

15.2%

-17.6%

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

$793,000

$889,808

$844,800

$902,565

13.8%

*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

$950

AUG

$899,900

SEP OCT

MEDIAN SALES PRICE

NOV

$527

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$899 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


East Bluff - Harbor View DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,710,000

$1,619,000

$1,652,000

$1,774,000

3.7%

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

$631

$538

$693

$717

13.6%

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

23

9

18

24

4.3%

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

24

20

16

17

-29.2%

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

74

67

99

122

64.9%

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

54

57

35

76

40.7%

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

3.2

7.4

5.5

5.1

58.0%

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

32.4%

29.9%

16.2%

13.9%

-57.0%

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

$1,491,000

$1,727,250

$1,770,500

$1,703,981

14.3%

*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

$1.710

AUG

$1,774,000

SEP OCT

MEDIAN SALES PRICE

NOV

$717

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.774 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


East Costa Mesa DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$950,000

$845,000

$809,500

$917,500

-3.4%

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

$484

$485

$488

$495

2.3%

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

18

8

22

15

-16.7%

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

12

15

22

12

0.0%

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

62

55

67

84

35.5%

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

30

54

58

32

6.7%

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

3.4

6.9

3

5.6

62.6%

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

19.4%

27.3%

32.8%

14.3%

-26.2%

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

$773,000

$866,949

$910,065

$870,888

12.7%

*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

$950

AUG

$917,500

SEP OCT

MEDIAN SALES PRICE

NOV

$495

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$917 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


Fountain Valley DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$655,000

$650,000

$685,100

$685,000

4.6%

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

$322

$341

$325

$341

5.9%

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

40

23

21

30

-25.0%

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

29

19

26

36

24.1%

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

68

67

69

99

45.6%

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

27

47

30

61

125.9%

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

1.7

2.9

3.3

3.3

94.1%

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

42.6%

28.4%

37.7%

36.4%

-14.7%

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

$598,000

$670,750

$679,467

$663,077

10.9%

*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

$655

AUG

$685,000

SEP OCT

MEDIAN SALES PRICE

NOV

$341

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$685 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


Huntington Beach DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$737,000

$683,000

$740,350

$750,000

1.8%

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

$431

$433

$412

$431

0.0%

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

114

56

122

93

-18.4%

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

109

78

124

118

8.3%

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

382

312

417

484

26.7%

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

35

50

47

56

60.0%

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

3.4

5.6

3.4

5.2

55.3%

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

28.5%

25.0%

29.7%

24.4%

-14.6%

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

$656,000

$747,892

$740,833

$735,104

12.1%

*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

$737

AUG

$750,000

SEP OCT

MEDIAN SALES PRICE

NOV

$431

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$750 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


Irvine DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$900,000

$848,500

$900,000

$880,000

-2.2%

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

$456

$427

$463

$459

0.7%

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

115

56

91

85

-26.1%

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

117

83

99

109

-6.8%

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

364

299

386

506

39.0%

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

44

57

46

54

22.7%

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

3.2

5.3

4.2

6

88.1%

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

32.1%

27.8%

25.6%

21.5%

-33.0%

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

$831,000

$911,917

$903,000

$897,515

8.0%

*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

$900

AUG

$880,000

SEP OCT

MEDIAN SALES PRICE

NOV

$459

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Ladera Ranch DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$832,500

$915,000

$721,000

$880,000

5.7%

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

$317

$326

$316

$333

5.0%

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

36

21

20

32

-11.1%

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

32

27

34

35

9.4%

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

136

88

142

166

22.1%

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

53

83

53

72

35.8%

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

3.8

4.2

7.1

5.2

37.3%

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

23.5%

30.7%

23.9%

21.1%

-10.4%

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

$756,000

$836,903

$856,754

$847,436

12.1%

*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

$832

AUG

$880,000

SEP OCT

MEDIAN SALES PRICE

NOV

$333

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Laguna Beach DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,770,000

$1,722,500

$1,792,000

$2,150,000

21.5%

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

$924

$993

$1,146

$918

-0.6%

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

30

12

42

35

16.7%

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

29

30

38

36

24.1%

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

258

216

257

275

6.6%

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

102

109

124

97

-4.9%

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

8.6

18

6.1

7.9

-8.6%

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

11.2%

13.9%

14.8%

13.1%

16.5%

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

$1,499,000

$2,078,667

$1,953,333

$1,895,942

26.5%

*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

$1.770

AUG

$2,150,000

SEP OCT

MEDIAN SALES PRICE

NOV

$918

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.150 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


Laguna Niguel DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$755,000

$790,000

$756,500

$830,000

9.9%

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

$370

$385

$386

$385

4.1%

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

67

31

56

49

-26.9%

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

62

40

66

54

-12.9%

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

215

202

290

353

64.2%

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

48

62

60

60

25.0%

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

3.2

6.5

5.2

7.2

124.5%

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

28.8%

19.8%

22.8%

15.3%

-47.0%

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

$701,000

$800,158

$825,983

$796,373

13.6%

*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

$755

AUG

$830,000

SEP OCT

MEDIAN SALES PRICE

NOV

$385

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$830 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


Laguna Hills DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$780,000

$632,500

$629,900

$728,000

-6.7%

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

$343

$333

$330

$337

-1.7%

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

23

10

19

29

26.1%

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

27

16

24

23

-14.8%

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

92

67

109

104

13.0%

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

48

64

28

72

50.0%

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

4

6.7

5.7

3.6

-10.3%

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

29.3%

23.9%

22.0%

22.1%

-24.6%

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

$667,000

$709,983

$723,333

$702,685

5.4%

*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

$780

AUG

$728,000

SEP OCT

MEDIAN SALES PRICE

NOV

$337

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$728 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


Laguna Woods DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$617,000

$483,000

$0

$0

-100.0%

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

$346

$287

$0

$0

-100.0%

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

1

1

0

0

-100.0%

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

0

0

0

0

0%

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

0

0

1

0

0%

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

0

0

0

0

0%

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

0

0

0

0

0%

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

0%

0%

0.0%

0%

0%

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

$594,000

$772,000

$0

$633,000

6.6%

*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

$617

AUG

No sales

SEP OCT

MEDIAN SALES PRICE

NOV

No sales

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

No sales MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL 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


Lower Newport Bay - Balboa Island DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$3,995,000

$2,800,000

$3,600,000

$2,975,000

-25.5%

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

$1,463

$1,090

$1,045

$1,122

-23.3%

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

2

3

3

3

50.0%

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

5

4

8

2

-60.0%

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

36

36

50

48

33.3%

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

67

68

8

78

16.4%

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

18

12

16.7

16

-11.1%

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

13.9%

11.1%

16.0%

4.2%

-70.0%

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

$2,430,000

$3,240,017

$2,825,867

$3,040,181

25.1%

*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 $3.995

JUL AUG

$2,975,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,122

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

16 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.975 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 : July 2014

telesproperties.com


Mission Viejo DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$618,000

$599,500

$655,000

$630,000

1.9%

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

$316

$310

$333

$332

5.1%

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

106

62

75

83

-21.7%

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

113

72

90

102

-9.7%

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

296

221

281

350

18.2%

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

35

61

44

48

37.1%

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

2.8

3.6

3.7

4.2

51.0%

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

38.2%

32.6%

32.0%

29.1%

-23.7%

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

$561,000

$636,750

$640,500

$629,731

12.3%

*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

$618

AUG

$630,000

SEP OCT

MEDIAN SALES PRICE

NOV

$332

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$630 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


Newport Beach DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,675,000

$1,965,000

$1,887,000

$1,775,000

6.0%

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

$758

$698

$824

$811

7.0%

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

63

25

54

64

1.6%

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

58

43

65

54

-6.9%

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

275

241

343

370

34.5%

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

61

73

72

88

44.3%

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

4.4

9.6

6.4

5.8

32.4%

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

21.1%

17.8%

19.0%

14.6%

-30.8%

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

$1,553,000

$1,794,417

$1,793,333

$1,804,923

16.2%

*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

$1.675

AUG

$1,775,000

SEP OCT

MEDIAN SALES PRICE

NOV

$811

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.775 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


Newport Coast DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$3,007,500

$4,215,000

$3,850,000

$3,012,500

0.2%

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

$832

$861

$908

$908

9.1%

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

14

10

11

14

0.0%

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

15

11

9

10

-33.3%

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

99

67

96

104

5.1%

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

67

70

67

74

10.4%

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

7.1

6.7

8.7

7.4

5.1%

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

15.2%

16.4%

9.4%

9.6%

-36.5%

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

$2,649,000

$3,059,042

$3,035,583

$2,949,327

11.3%

*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

$3.007

AUG

$3,012,500

SEP OCT

MEDIAN SALES PRICE

NOV

$908

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.4 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.012 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


Newport Heights DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$1,350,000

$2,016,500

$2,100,000

$2,069,450

53.3%

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

$574

$568

$791

$654

13.9%

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

7

2

11

5

-28.6%

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

6

2

11

4

-33.3%

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

33

22

30

38

15.2%

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

16

118

53

23

43.8%

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

4.7

11

2.7

7.6

61.2%

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

18.2%

9.1%

36.7%

10.5%

-42.1%

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

$1,448,000

$1,900,136

$2,136,939

$1,749,433

20.8%

*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

$1.350

AUG

$2,069,450

SEP OCT

MEDIAN SALES PRICE

NOV

$654

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.069 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


Rancho Santa Margarita DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$647,725

$635,000

$660,000

$649,888

0.3%

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

$310

$297

$311

$333

7.4%

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

46

27

37

49

6.5%

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

49

43

36

43

-12.2%

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

143

112

137

191

33.6%

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

29

47

62

61

110.3%

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

3.1

4.1

3.7

3.9

25.4%

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

34.3%

38.4%

26.3%

22.5%

-34.3%

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

$578,000

$655,065

$652,796

$641,701

11.0%

*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

$647

AUG

$649,888

SEP OCT

MEDIAN SALES PRICE

NOV

$333

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$649 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


San Clemente DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

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

$812,500

$768,000

$817,000

$855,000

5.2%

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

$364

$326

$397

$384

5.5%

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

62

41

63

65

4.8%

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

58

50

62

64

10.3%

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

320

231

283

361

12.8%

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

46

53

62

50

8.7%

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

5.2

5.6

4.5

5.6

7.6%

Percent Under Contract ........................................

18.1%

21.6%

21.9%

17.7%

-2.2%

Average Median Price for Last 12 Months ........

$751,000

$822,583

$834,167

$821,308

9.4%

*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

$812

AUG

$855,000

SEP OCT

MEDIAN SALES PRICE

NOV

$384

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


San Juan Capistrano DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$751,700

$756,000

$530,000

$680,000

-9.5%

Average Price per Square Foot ...........................

$336

$329

$345

$356

6.0%

Properties Sold .......................................................

35

26

23

25

-28.6%

Properties Pending Sale .......................................

34

24

35

32

-5.9%

Properties For Sale ................................................

149

124

136

153

2.7%

Days on Market (Pending Sale) ...........................

73

94

91

87

19.2%

Month’s Supply of Inventory ................................

4.3

4.8

5.9

6.1

43.8%

Percent Under Contract ........................................

22.8%

19.4%

25.7%

20.9%

-8.3%

Average Median Price for Last 12 Months ........

$677,000

$888,333

$791,667

$842,131

24.4%

*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

$751

AUG

$680,000

SEP OCT

MEDIAN SALES PRICE

NOV

$356

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Shady Canyon DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$4,300,000

$0

$3,850,000

$0

-100.0%

Average Price per Square Foot ...........................

$717

$0

$802

$0

-100.0%

Properties Sold .......................................................

1

0

1

0

-100.0%

Properties Pending Sale .......................................

0

0

0

0

0%

Properties For Sale ................................................

8

8

4

3

-62.5%

Days on Market (Pending Sale) ...........................

0

0

0

0

0%

Month’s Supply of Inventory ................................

8

0

4

0

0%

Percent Under Contract ........................................

0.0%

0.0%

0.0%

0.0%

0%

Average Median Price for Last 12 Months ........

$5,264,000

$4,506,333

$4,050,000

$4,823,800

-8.4%

*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

$4.300

AUG

No sales

SEP OCT

MEDIAN SALES PRICE

NOV

No sales

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

No sales MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL 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


Turtle Ridge DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$1,980,000

$2,282,596

$2,693,400

$2,450,000

23.7%

Average Price per Square Foot ...........................

$660

$642

$707

$681

3.2%

Properties Sold .......................................................

7

3

2

1

-85.7%

Properties Pending Sale .......................................

3

2

2

7

133.3%

Properties For Sale ................................................

21

26

32

32

52.4%

Days on Market (Pending Sale) ...........................

29

102

36

125

331.0%

Month’s Supply of Inventory ................................

3

8.7

16

32

966.7%

Percent Under Contract ........................................

14.3%

7.7%

6.2%

21.9%

53.1%

Average Median Price for Last 12 Months ........

$2,014,000

$2,544,733

$2,566,667

$2,488,833

23.6%

*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

$1.980

AUG

$2,450,000

SEP OCT

MEDIAN SALES PRICE

NOV

$681

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

32 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Turtle Rock DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$1,487,000

$1,600,888

$0

$0

-100.0%

Average Price per Square Foot ...........................

$493

$552

$0

$0

-100.0%

Properties Sold .......................................................

3

1

0

0

-100.0%

Properties Pending Sale .......................................

2

0

0

0

-100.0%

Properties For Sale ................................................

15

5

4

3

-80.0%

Days on Market (Pending Sale) ...........................

33

0

0

0

-100.0%

Month’s Supply of Inventory ................................

5

5

0

0

0%

Percent Under Contract ........................................

13.3%

0.0%

0.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$1,201,000

$1,390,000

$0

$1,713,541

42.7%

*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

$1.487

AUG

No sales

SEP OCT

MEDIAN SALES PRICE

NOV

No sales

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

No sales MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL 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


Westminster DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$525,500

$497,000

$547,500

$530,000

0.9%

Average Price per Square Foot ...........................

$308

$347

$275

$315

2.3%

Properties Sold .......................................................

45

19

38

44

-2.2%

Properties Pending Sale .......................................

38

31

28

41

7.9%

Properties For Sale ................................................

124

107

120

137

10.5%

Days on Market (Pending Sale) ...........................

33

37

40

53

60.6%

Month’s Supply of Inventory ................................

2.8

5.6

3.2

3.1

13.0%

Percent Under Contract ........................................

30.6%

29.0%

23.3%

29.9%

-2.3%

Average Median Price for Last 12 Months ........

$445,000

$526,741

$526,148

$514,726

15.7%

*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

$525

AUG

$530,000

SEP OCT

MEDIAN SALES PRICE

NOV

$315

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$530 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


West Bay - Santa Ana Heights DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$1,500,000

$1,850,000

$1,350,000

$1,385,000

-7.7%

Average Price per Square Foot ...........................

$574

$516

$587

$632

10.1%

Properties Sold .......................................................

13

4

11

14

7.7%

Properties Pending Sale .......................................

7

6

9

13

85.7%

Properties For Sale ................................................

37

40

60

65

75.7%

Days on Market (Pending Sale) ...........................

52

102

68

82

57.7%

Month’s Supply of Inventory ................................

2.8

10

5.5

4.6

63.1%

Percent Under Contract ........................................

18.9%

15.0%

15.0%

20.0%

5.7%

Average Median Price for Last 12 Months ........

$1,278,000

$1,473,917

$1,451,667

$1,498,385

17.2%

*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

$1.500

AUG

$1,385,000

SEP OCT

MEDIAN SALES PRICE

NOV

$632

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.385 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


West Newport - Lido DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$1,317,500

$1,590,000

$2,447,500

$1,925,000

46.1%

Average Price per Square Foot ...........................

$996

$991

$1,250

$1,013

1.7%

Properties Sold .......................................................

8

6

6

11

37.5%

Properties Pending Sale .......................................

5

9

14

7

40.0%

Properties For Sale ................................................

52

40

63

51

-1.9%

Days on Market (Pending Sale) ...........................

75

73

84

70

-6.7%

Month’s Supply of Inventory ................................

6.5

6.7

10.5

4.6

-28.7%

Percent Under Contract ........................................

9.6%

22.5%

22.2%

13.7%

42.7%

Average Median Price for Last 12 Months ........

$1,792,000

$2,212,000

$2,070,833

$2,102,627

17.3%

*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

$1.317

AUG

$1,925,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,013

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.925 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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Santa Barbara County

Carpinteria Goleta Hope Ranch Montecito Santa Barbara East of State Santa Barbara West of State Santa Ynez

Micro Market Report : July 2014

telesproperties.com


County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : July 2014

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Carpinteria DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$844,500

$840,730

$845,000

$888,000

5.2%

Average Price per Square Foot ...........................

$524

$630

$1,283

$1,203

129.6%

Properties Sold .......................................................

4

1

5

5

25.0%

Properties Pending Sale .......................................

9

2

4

5

-44.4%

Properties For Sale ................................................

54

34

33

44

-18.5%

Days on Market (Pending Sale) ...........................

67

15

85

63

-6.0%

Month’s Supply of Inventory ................................

13.5

34

6.6

8.8

-34.8%

Percent Under Contract ........................................

16.7%

5.9%

12.1%

11.4%

-31.8%

Average Median Price for Last 12 Months ........

$972,000

$1,682,042

$1,823,750

$1,335,419

37.4%

*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

$844

AUG

$888,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,203

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$888 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


Goleta DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$775,000

$899,000

$765,000

$775,000

0.0%

Average Price per Square Foot ...........................

$428

$525

$487

$435

1.6%

Properties Sold .......................................................

11

5

13

10

-9.1%

Properties Pending Sale .......................................

15

6

10

9

-40.0%

Properties For Sale ................................................

34

20

18

33

-2.9%

Days on Market (Pending Sale) ...........................

26

46

48

17

-34.6%

Month’s Supply of Inventory ................................

3.1

4

1.4

3.3

6.8%

Percent Under Contract ........................................

44.1%

30.0%

55.6%

27.3%

-38.2%

Average Median Price for Last 12 Months ........

$702,000

$796,500

$808,000

$787,577

12.2%

*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

$775

AUG

$775,000

SEP OCT

MEDIAN SALES PRICE

NOV

$435

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$775 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


Hope Ranch DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$1,630,500

$3,640,000

$3,250,000

$2,105,000

29.1%

Average Price per Square Foot ...........................

$781

$999

$590

$1,018

30.3%

Properties Sold .......................................................

4

2

3

4

0.0%

Properties Pending Sale .......................................

1

4

4

4

300.0%

Properties For Sale ................................................

27

33

37

35

29.6%

Days on Market (Pending Sale) ...........................

16

118

368

90

462.5%

Month’s Supply of Inventory ................................

6.8

16.5

12.3

8.7

29.6%

Percent Under Contract ........................................

3.7%

12.1%

10.8%

11.4%

208.6%

Average Median Price for Last 12 Months ........

$2,611,000

$3,199,708

$2,355,833

$2,956,442

13.2%

*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

$1.630

AUG

$2,105,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,018

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$2.105 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


Montecito DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$1,900,000

$2,165,000

$2,987,500

$3,650,000

92.1%

Average Price per Square Foot ...........................

$771

$822

$957

$1,241

61.0%

Properties Sold .......................................................

22

19

20

23

4.5%

Properties Pending Sale .......................................

16

10

24

25

56.2%

Properties For Sale ................................................

200

144

183

178

-11.0%

Days on Market (Pending Sale) ...........................

59

78

82

44

-25.4%

Month’s Supply of Inventory ................................

9.1

7.6

9.2

7.7

-14.9%

Percent Under Contract ........................................

8.0%

6.9%

13.1%

14.0%

75.6%

Average Median Price for Last 12 Months ........

$2,321,000

$2,857,500

$3,145,833

$2,558,712

10.2%

*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

$1.900

AUG

$3,650,000

SEP OCT

MEDIAN SALES PRICE

NOV

$1,241

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$3.650 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


Santa Barbara East of State DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$943,280

$1,112,500

$1,150,000

$1,080,000

14.5%

Average Price per Square Foot ...........................

$588

$573

$675

$658

11.9%

Properties Sold .......................................................

28

26

25

21

-25.0%

Properties Pending Sale .......................................

21

16

41

23

9.5%

Properties For Sale ................................................

144

92

127

136

-5.6%

Days on Market (Pending Sale) ...........................

37

77

54

51

37.8%

Month’s Supply of Inventory ................................

5.1

3.5

5.1

6.5

25.9%

Percent Under Contract ........................................

14.6%

17.4%

32.3%

16.9%

16.0%

Average Median Price for Last 12 Months ........

$926,000

$1,235,667

$1,233,667

$1,150,752

24.3%

*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

$943

AUG

$1,080,000

SEP OCT

MEDIAN SALES PRICE

NOV

$658

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Santa Barbara West of State DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$925,000

$1,055,000

$967,500

$800,000

-13.5%

Average Price per Square Foot ...........................

$557

$616

$641

$594

6.6%

Properties Sold .......................................................

25

20

18

19

-24.0%

Properties Pending Sale .......................................

24

15

26

22

-8.3%

Properties For Sale ................................................

76

55

71

71

-6.6%

Days on Market (Pending Sale) ...........................

62

25

39

31

-50.0%

Month’s Supply of Inventory ................................

3

2.8

3.9

3.7

22.9%

Percent Under Contract ........................................

31.6%

27.3%

36.6%

31.0%

-1.9%

Average Median Price for Last 12 Months ........

$744,000

$903,750

$866,667

$914,308

22.9%

*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

$925

AUG

$800,000

SEP OCT

MEDIAN SALES PRICE

NOV

$594

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$800 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


Santa Ynez DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$600,000

$992,500

$582,500

$875,000

45.8%

Average Price per Square Foot ...........................

$913

$588

$297

$349

-61.8%

Properties Sold .......................................................

15

4

7

13

-13.3%

Properties Pending Sale .......................................

16

12

12

10

-37.5%

Properties For Sale ................................................

118

103

118

119

0.8%

Days on Market (Pending Sale) ...........................

73

73

97

101

38.4%

Month’s Supply of Inventory ................................

7.9

25.8

16.9

9.2

16.4%

Percent Under Contract ........................................

13.6%

11.7%

10.2%

8.4%

-38.0%

Average Median Price for Last 12 Months ........

$688,000

$711,250

$770,000

$702,308

2.1%

*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

$600

AUG

$875,000

SEP OCT

MEDIAN SALES PRICE

NOV

$349

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

9.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

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Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : July 2014

telesproperties.com


County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : July 2014

telesproperties.com


Carmel DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$1,362,500

$1,816,875

$1,395,000

$1,325,000

-2.8%

Average Price per Square Foot ...........................

$639

$1,081

$878

$823

28.8%

Properties Sold .......................................................

20

12

20

25

25.0%

Properties Pending Sale .......................................

19

22

36

28

47.4%

Properties For Sale ................................................

178

146

156

144

-19.1%

Days on Market (Pending Sale) ...........................

109

109

70

96

-11.9%

Month’s Supply of Inventory ................................

8.9

12.2

7.8

5.8

-35.3%

Percent Under Contract ........................................

10.7%

15.1%

23.1%

19.4%

82.2%

Average Median Price for Last 12 Months ........

$1,233,000

$1,359,167

$1,307,500

$1,342,471

8.9%

*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

$1.362

AUG

$1,325,000

SEP OCT

MEDIAN SALES PRICE

NOV

$823

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.325 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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Carmel Valley DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$837,500

$1,150,000

$832,000

$812,000

-3.0%

Average Price per Square Foot ...........................

$495

$453

$516

$346

-30.1%

Properties Sold .......................................................

17

5

16

14

-17.6%

Properties Pending Sale .......................................

9

11

17

12

33.3%

Properties For Sale ................................................

105

89

95

100

-4.8%

Days on Market (Pending Sale) ...........................

80

159

90

134

67.5%

Month’s Supply of Inventory ................................

6.2

17.8

5.9

7.1

15.6%

Percent Under Contract ........................................

8.6%

12.4%

17.9%

12.0%

40.0%

Average Median Price for Last 12 Months ........

$847,000

$973,208

$865,333

$1,013,635

19.7%

*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

$837

AUG

$812,000

SEP OCT

MEDIAN SALES PRICE

NOV

$346

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.1 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$812 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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Pacific Grove DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$737,000

$772,250

$725,000

$713,500

-3.2%

Average Price per Square Foot ...........................

$426

$538

$538

$578

35.7%

Properties Sold .......................................................

15

14

15

13

-13.3%

Properties Pending Sale .......................................

15

5

21

15

0.0%

Properties For Sale ................................................

70

50

63

59

-15.7%

Days on Market (Pending Sale) ...........................

130

26

67

73

-43.8%

Month’s Supply of Inventory ................................

4.7

3.6

4.2

4.5

-2.7%

Percent Under Contract ........................................

21.4%

10.0%

33.3%

25.4%

18.6%

Average Median Price for Last 12 Months ........

$630,000

$716,034

$715,333

$726,508

15.3%

*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

$737

AUG

$713,500

SEP OCT

MEDIAN SALES PRICE

NOV

$578

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$713 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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Pebble Beach DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$1,237,500

$1,918,000

$1,350,000

$1,650,000

33.3%

Average Price per Square Foot ...........................

$538

$744

$595

$615

14.3%

Properties Sold .......................................................

12

6

11

11

-8.3%

Properties Pending Sale .......................................

14

14

13

12

-14.3%

Properties For Sale ................................................

105

85

75

96

-8.6%

Days on Market (Pending Sale) ...........................

87

134

106

67

-23.0%

Month’s Supply of Inventory ................................

8.7

14.2

6.8

8.7

-0.3%

Percent Under Contract ........................................

13.3%

16.5%

17.3%

12.5%

-6.2%

Average Median Price for Last 12 Months ........

$1,287,000

$1,427,333

$1,459,167

$1,447,863

12.5%

*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

$1.237

AUG

$1,650,000

SEP OCT

MEDIAN SALES PRICE

NOV

$615

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

8.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.650 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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Condominiums

Beverly Center - Miracle Mile Beverly Hills Brentwood Culver City Encino Malibu Marina Del Rey Santa Monica Sherman Oaks Studio City Venice West Hollywood West LA Westwood - Century City

Micro Market Report : July 2014

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : July 2014

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Beverly Center - Miracle Mile DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$711,500

$495,000

$730,000

$615,000

-13.6%

Average Price per Square Foot ...........................

$518

$524

$503

$441

-14.9%

Properties Sold .......................................................

7

5

9

7

0.0%

Properties Pending Sale .......................................

7

6

6

12

71.4%

Properties For Sale ................................................

30

25

29

37

23.3%

Days on Market (Pending Sale) ...........................

38

88

28

56

47.4%

Month’s Supply of Inventory ................................

4.3

5

3.2

5.3

23.3%

Percent Under Contract ........................................

23.3%

24.0%

20.7%

32.4%

39.0%

Average Median Price for Last 12 Months ........

$540,000

$649,167

$583,500

$678,692

25.7%

*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

$711

AUG

$615,000

SEP OCT

MEDIAN SALES PRICE

NOV

$441

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

5.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$615 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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Beverly Hills DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$880,000

$1,250,000

$1,015,000

$955,000

8.5%

Average Price per Square Foot ...........................

$1,020

$1,214

$612

$561

-45.0%

Properties Sold .......................................................

9

5

9

6

-33.3%

Properties Pending Sale .......................................

11

10

15

11

0.0%

Properties For Sale ................................................

47

50

52

59

25.5%

Days on Market (Pending Sale) ...........................

56

65

70

65

16.1%

Month’s Supply of Inventory ................................

5.2

10

5.8

9.8

88.3%

Percent Under Contract ........................................

23.4%

20.0%

28.8%

18.6%

-20.3%

Average Median Price for Last 12 Months ........

$857,000

$1,023,917

$996,833

$984,000

14.8%

*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

$880

AUG

$955,000

SEP OCT

MEDIAN SALES PRICE

NOV

$561

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

9.8 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$955 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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Brentwood DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$710,000

$818,500

$803,500

$758,500

6.8%

Average Price per Square Foot ...........................

$498

$483

$524

$514

3.2%

Properties Sold .......................................................

18

10

17

10

-44.4%

Properties Pending Sale .......................................

16

14

22

25

56.2%

Properties For Sale ................................................

74

56

78

107

44.6%

Days on Market (Pending Sale) ...........................

38

42

40

33

-13.2%

Month’s Supply of Inventory ................................

4.1

5.6

4.6

10.7

160.3%

Percent Under Contract ........................................

21.6%

25.0%

28.2%

23.4%

8.1%

Average Median Price for Last 12 Months ........

$678,000

$749,083

$701,000

$728,577

7.5%

*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

$710

AUG

$758,500

SEP OCT

MEDIAN SALES PRICE

NOV

$514

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

10.7 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$758 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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Culver City DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$431,250

$377,000

$350,000

$407,500

-5.5%

Average Price per Square Foot ...........................

$356

$387

$370

$399

12.1%

Properties Sold .......................................................

22

8

14

22

0.0%

Properties Pending Sale .......................................

14

12

14

17

21.4%

Properties For Sale ................................................

39

41

46

48

23.1%

Days on Market (Pending Sale) ...........................

21

19

20

56

166.7%

Month’s Supply of Inventory ................................

1.8

5.1

3.3

2.2

23.1%

Percent Under Contract ........................................

35.9%

29.3%

30.4%

35.4%

-1.3%

Average Median Price for Last 12 Months ........

$347,000

$409,458

$411,750

$408,308

17.7%

*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

$431

AUG

$407,500

SEP OCT

MEDIAN SALES PRICE

NOV

$399

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$407 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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Encino DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$295,000

$255,000

$329,000

$255,000

-13.6%

Average Price per Square Foot ...........................

$264

$243

$255

$416

57.6%

Properties Sold .......................................................

19

11

20

12

-36.8%

Properties Pending Sale .......................................

13

16

20

17

30.8%

Properties For Sale ................................................

23

37

51

42

82.6%

Days on Market (Pending Sale) ...........................

38

65

50

79

107.9%

Month’s Supply of Inventory ................................

1.2

3.4

2.6

3.5

189.1%

Percent Under Contract ........................................

56.5%

43.2%

39.2%

40.5%

-28.4%

Average Median Price for Last 12 Months ........

$238,615

$304,333

$279,000

$297,692

24.8%

*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

$295

AUG

$255,000

SEP OCT

MEDIAN SALES PRICE

NOV

$416

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$255 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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Malibu DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$582,500

$499,000

$1,075,000

$589,000

1.1%

Average Price per Square Foot ...........................

$525

$441

$812

$576

9.7%

Properties Sold .......................................................

4

3

2

3

-25.0%

Properties Pending Sale .......................................

3

1

5

3

0.0%

Properties For Sale ................................................

20

20

20

22

10.0%

Days on Market (Pending Sale) ...........................

100

72

37

60

-40.0%

Month’s Supply of Inventory ................................

5

6.7

10

7.3

46.7%

Percent Under Contract ........................................

15.0%

5.0%

25.0%

13.6%

-9.1%

Average Median Price for Last 12 Months ........

$636,000

$812,917

$799,667

$776,364

22.1%

*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

$582

AUG

$589,000

SEP OCT

MEDIAN SALES PRICE

NOV

$576

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

7.3 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$589 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


Marina Del Rey DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$862,500

$719,900

$765,000

$767,500

-11.0%

Average Price per Square Foot ...........................

$626

$640

$591

$560

-10.5%

Properties Sold .......................................................

29

17

25

34

17.2%

Properties Pending Sale .......................................

24

18

33

34

41.7%

Properties For Sale ................................................

140

128

141

121

-13.6%

Days on Market (Pending Sale) ...........................

68

80

76

63

-7.4%

Month’s Supply of Inventory ................................

4.8

7.5

5.6

3.6

-26.3%

Percent Under Contract ........................................

17.1%

14.1%

23.4%

28.1%

63.9%

Average Median Price for Last 12 Months ........

$661,000

$766,167

$792,500

$749,235

13.3%

*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

$862

AUG

$767,500

SEP OCT

MEDIAN SALES PRICE

NOV

$560

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$767 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


Santa Monica DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$830,000

$775,000

$767,500

$872,500

5.1%

Average Price per Square Foot ...........................

$629

$811

$715

$804

27.8%

Properties Sold .......................................................

28

17

42

36

28.6%

Properties Pending Sale .......................................

43

32

42

43

0.0%

Properties For Sale ................................................

107

106

135

165

54.2%

Days on Market (Pending Sale) ...........................

31

60

39

32

3.2%

Month’s Supply of Inventory ................................

3.8

6.2

3.2

4.6

19.9%

Percent Under Contract ........................................

40.2%

30.2%

31.1%

26.1%

-35.2%

Average Median Price for Last 12 Months ........

$721,000

$857,800

$975,667

$825,888

14.5%

*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

$830

AUG

$872,500

SEP OCT

MEDIAN SALES PRICE

NOV

$804

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

4.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$872 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


Sherman Oaks DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$368,000

$450,000

$375,000

$390,000

6.0%

Average Price per Square Foot ...........................

$285

$304

$312

$311

9.1%

Properties Sold .......................................................

20

15

18

16

-20.0%

Properties Pending Sale .......................................

23

13

26

33

43.5%

Properties For Sale ................................................

29

34

52

51

75.9%

Days on Market (Pending Sale) ...........................

34

50

52

56

64.7%

Month’s Supply of Inventory ................................

1.4

2.3

2.9

3.2

119.8%

Percent Under Contract ........................................

79.3%

38.2%

50.0%

64.7%

-18.4%

Average Median Price for Last 12 Months ........

$320,077

$394,167

$402,667

$391,308

22.3%

*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

$368

AUG

$390,000

SEP OCT

MEDIAN SALES PRICE

NOV

$311

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.2 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$390 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


Studio City DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$510,000

$525,000

$450,000

$529,000

3.7%

Average Price per Square Foot ...........................

$342

$397

$396

$381

11.4%

Properties Sold .......................................................

13

6

8

15

15.4%

Properties Pending Sale .......................................

11

11

6

13

18.2%

Properties For Sale ................................................

16

24

33

28

75.0%

Days on Market (Pending Sale) ...........................

41

54

77

64

56.1%

Month’s Supply of Inventory ................................

1.2

4

4.1

1.9

51.7%

Percent Under Contract ........................................

68.8%

45.8%

18.2%

46.4%

-32.5%

Average Median Price for Last 12 Months ........

$432,077

$478,833

$504,667

$470,769

9.0%

*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

$510

AUG

$529,000

SEP OCT

MEDIAN SALES PRICE

NOV

$381

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

1.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$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 : July 2014

telesproperties.com


Venice DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$1,275,000

$0

$1,101,300

$1,385,000

8.6%

Average Price per Square Foot ...........................

$788

$0

$786

$672

-14.7%

Properties Sold .......................................................

6

0

5

2

-66.7%

Properties Pending Sale .......................................

3

5

2

2

-33.3%

Properties For Sale ................................................

18

13

13

20

11.1%

Days on Market (Pending Sale) ...........................

106

95

6

54

-49.1%

Month’s Supply of Inventory ................................

3

0

2.6

10

233.3%

Percent Under Contract ........................................

16.7%

38.5%

15.4%

10.0%

-40.0%

Average Median Price for Last 12 Months ........

$1,100,000

$1,203,300

$1,388,167

$1,129,442

2.7%

*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

$1.275

AUG

$1,385,000

SEP OCT

MEDIAN SALES PRICE

NOV

$672

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

10 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$1.385 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


West Hollywood DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$505,000

$630,000

$645,000

$590,000

16.8%

Average Price per Square Foot ...........................

$506

$559

$579

$513

1.4%

Properties Sold .......................................................

40

17

33

35

-12.5%

Properties Pending Sale .......................................

41

31

32

31

-24.4%

Properties For Sale ................................................

141

122

140

138

-2.1%

Days on Market (Pending Sale) ...........................

49

36

45

49

0.0%

Month’s Supply of Inventory ................................

3.5

7.2

4.2

3.9

11.9%

Percent Under Contract ........................................

29.1%

25.4%

22.9%

22.5%

-22.7%

Average Median Price for Last 12 Months ........

$493,000

$620,458

$610,000

$605,558

22.8%

*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

$505

AUG

$590,000

SEP OCT

MEDIAN SALES PRICE

NOV

$513

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

3.9 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$590 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


West LA DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$704,500

$570,000

$575,000

$596,000

-15.4%

Average Price per Square Foot ...........................

$447

$416

$465

$483

8.1%

Properties Sold .......................................................

14

9

15

21

50.0%

Properties Pending Sale .......................................

19

13

11

17

-10.5%

Properties For Sale ................................................

52

42

56

55

5.8%

Days on Market (Pending Sale) ...........................

39

48

27

38

-2.6%

Month’s Supply of Inventory ................................

3.7

4.7

3.7

2.6

-29.5%

Percent Under Contract ........................................

36.5%

31.0%

19.6%

30.9%

-15.4%

Average Median Price for Last 12 Months ........

$613,000

$627,583

$665,500

$646,942

5.5%

*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 $704

JUL AUG

$596,000

SEP OCT

MEDIAN SALES PRICE

NOV

$483

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

2.6 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$596 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


Westwood - Century City DATA*

Jul 2013

6 month

3 month

Jul 2014

% change

Median Price ..........................................................

$660,000

$675,000

$749,000

$798,000

20.9%

Average Price per Square Foot ...........................

$574

$530

$708

$796

38.7%

Properties Sold .......................................................

41

23

41

47

14.6%

Properties Pending Sale .......................................

60

52

46

48

-20.0%

Properties For Sale ................................................

279

269

280

304

9.0%

Days on Market (Pending Sale) ...........................

42

56

76

53

26.2%

Month’s Supply of Inventory ................................

6.8

11.7

6.8

6.5

-4.9%

Percent Under Contract ........................................

21.5%

19.3%

16.4%

15.8%

-26.6%

Average Median Price for Last 12 Months ........

$645,000

$772,844

$777,333

$746,892

15.8%

*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

$660

AUG

$798,000

SEP OCT

MEDIAN SALES PRICE

NOV

$796

DEC JAN

AVERAGE PRICE PER SQ FT

FEB MAR APR

6.5 MONTH’S SUPPLY OF INVENTORY

MAY JUN JUL

$798 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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