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micro market report luxury real estate market research June 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

Redondo Beach

Toluca Lake

Bel Air - Holmby Hills

Mid Wilshire

Rolling Hills

Valley Village

Beverly Center - Miracle Mile

Pacific Palisades

Rolling Hills Estates

Woodland Hills

Beverly Hills

Palms - Mar Vista

San Pedro

San Gabriel Valley Macro

Beverly Hills P.O.

Playa del Rey

Torrance

Altadena

Beverlywood

Playa Vista

San Fernando Macro

Arcadia

Brentwood

Santa Monica

Burbank

Duarte

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Encino

Eagle Rock

Culver City

Venice

Glendale

La Canada Flintridge

Hancock Park - Wilshire

West Hollywood

La Crescenta

Monrovia

Hollywood

West Los Angeles

North Hollywood

Pasadena

Hollywood Hills East

Westchester

Shadow Hills

San Gabriel

Laurel Canyon

Westwood - Century City

Sherman Oaks

San Marino

Los Feliz

South Bay Macro

Studio City

Sierra Madre

Malibu

Manhattan Beach

Sun Valley

South Pasadena

Malibu Beach

Palos Verdes Estates

Sunland - Tujunga

Marina del Rey

Rancho Palos Verdes

Tarzana

Micro Market Report : June 2014

telesproperties.com


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

Micro Market Report : June 2014

telesproperties.com


Los Angeles County DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$860,000

$871,000

$888,000

$1,022,500

18.9%

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

$568

$607

$607

$637

12.1%

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

841

705

611

726

-13.7%

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

871

511

828

877

0.7%

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

3,518

2,953

3,444

3,950

12.3%

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

40

60

52

42

5.0%

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

4.2

4.2

5.6

5.4

30.1%

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

24.8%

17.3%

24.0%

22.2%

-10.3%

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

$700,000

$904,542

$943,333

$879,019

20.4%

*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 JUN

$860

JUL

$1,022,500

AUG SEP

MEDIAN SALES PRICE

OCT

$637

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.022 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 : June 2014

telesproperties.com


Bel-Air Holmby Hills DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$2,500,000

$1,526,000

$1,990,000

$2,300,000

-8.0%

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

$941

$742

$767

$970

3.1%

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

17

9

14

10

-41.2%

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

13

8

13

11

-15.4%

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

117

100

102

117

0.0%

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

85

124

97

81

-4.7%

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

6.9

11.1

7.3

11.7

70.0%

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

11.1%

8.0%

12.7%

9.4%

-15.4%

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

$1,894,000

$3,151,049

$4,369,598

$2,575,638

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 JUN

$2.500

JUL

$2,300,000

AUG SEP

MEDIAN SALES PRICE

OCT

$970

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

11.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Beverly Center - Miracle Mile DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,075,000

$1,235,000

$1,150,000

$1,429,000

32.9%

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

$605

$535

$614

$738

22.0%

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

21

13

16

16

-23.8%

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

22

11

18

18

-18.2%

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

58

44

65

74

27.6%

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

63

50

42

20

-68.3%

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

2.8

3.4

4.1

4.6

67.5%

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

37.9%

25.0%

27.7%

24.3%

-35.9%

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

$1,018,000

$1,295,875

$1,308,000

$1,283,957

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 JUN

$1.075

JUL

$1,429,000

AUG SEP

MEDIAN SALES PRICE

OCT

$738

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.429 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 : June 2014

telesproperties.com


Beverly Hills DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$3,002,500

$6,219,900

$4,650,000

$2,795,000

-6.9%

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

$1,072

$1,202

$1,041

$1,182

10.3%

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

12

12

11

11

-8.3%

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

15

7

18

17

13.3%

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

109

79

86

97

-11.0%

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

68

83

91

54

-20.6%

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

9.1

6.6

7.8

8.8

-2.9%

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

13.8%

8.9%

20.9%

17.5%

27.4%

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

$4,084,000

$4,791,750

$4,434,000

$4,757,338

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 JUN

$3.002

JUL

$2,795,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,182

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.795 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 : June 2014

telesproperties.com


Beverly Hills- Post Office DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,825,000

$2,062,500

$2,650,000

$1,580,000

-13.4%

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

$727

$909

$945

$786

8.1%

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

12

12

11

10

-16.7%

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

15

10

18

12

-20.0%

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

119

110

119

129

8.4%

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

47

81

103

46

-2.1%

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

9.9

9.2

10.8

12.9

30.1%

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

12.6%

9.1%

15.1%

9.3%

-26.2%

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

$1,947,000

$2,235,000

$2,128,333

$2,121,283

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 JUN

$1.825

JUL

$1,580,000

AUG SEP

MEDIAN SALES PRICE

OCT

$786

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

12.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.580 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Beverlywood DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$807,000

$1,287,500

$872,500

$980,500

21.5%

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

$504

$557

$527

$627

24.4%

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

22

14

16

14

-36.4%

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

10

9

14

16

60.0%

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

44

45

50

61

38.6%

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

64

46

40

39

-39.1%

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

2

3.2

3.1

4.4

117.9%

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

22.7%

20.0%

28.0%

26.2%

15.4%

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

$779,000

$930,250

$984,333

$947,308

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 JUN

$807

JUL

$980,500

AUG SEP

MEDIAN SALES PRICE

OCT

$627

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$980 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 : June 2014

telesproperties.com


Brentwood DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$2,415,000

$2,402,778

$2,740,000

$2,730,000

13.0%

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

$794

$889

$1,033

$924

16.4%

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

28

24

7

28

0.0%

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

21

15

22

21

0.0%

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

109

78

111

113

3.7%

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

38

56

57

59

55.3%

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

3.9

3.2

15.9

4

3.7%

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

19.3%

19.2%

19.8%

18.6%

-3.5%

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

$2,059,000

$2,908,583

$2,823,833

$2,614,444

21.2%

*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 JUN

$2.415

JUL

$2,730,000

AUG SEP

MEDIAN SALES PRICE

OCT

$924

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.730 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 : June 2014

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,493,750

$1,429,000

$1,525,900

$1,765,000

18.2%

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

$612

$572

$706

$735

20.1%

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

14

8

2

11

-21.4%

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

9

3

9

5

-44.4%

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

26

13

20

22

-15.4%

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

31

41

13

43

38.7%

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

1.9

1.6

10

2

7.7%

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

34.6%

23.1%

45.0%

22.7%

-34.3%

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

$1,313,000

$1,644,733

$1,514,167

$1,567,262

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 JUN

$1.493

JUL

$1,765,000

AUG SEP

MEDIAN SALES PRICE

OCT

$735

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.765 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 : June 2014

telesproperties.com


Culver City DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$862,000

$900,000

$667,500

$830,000

-3.7%

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

$491

$538

$544

$545

11.0%

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

15

15

6

13

-13.3%

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

23

7

21

10

-56.5%

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

56

35

33

42

-25.0%

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

24

42

37

19

-20.8%

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

3.7

2.3

5.5

3.2

-13.5%

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

41.1%

20.0%

63.6%

23.8%

-42.0%

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

$729,000

$794,500

$864,000

$812,769

10.3%

*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 JUN

$862

JUL

$830,000

AUG SEP

MEDIAN SALES PRICE

OCT

$545

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Hancock Park - Wilshire DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,211,500

$1,150,000

$1,163,000

$1,400,000

15.6%

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

$546

$504

$578

$650

19.0%

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

27

25

20

22

-18.5%

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

31

18

25

22

-29.0%

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

106

86

99

105

-0.9%

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

43

40

44

53

23.3%

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

3.9

3.4

5

4.8

21.6%

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

29.2%

20.9%

25.3%

21.0%

-28.4%

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

$1,072,000

$1,352,075

$1,231,083

$1,291,006

17.0%

*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 JUN

$1.211

JUL

$1,400,000

AUG SEP

MEDIAN SALES PRICE

OCT

$650

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.400 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 : June 2014

telesproperties.com


Hollywood DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$425,000

$489,500

$580,000

$1,007,614

137.1%

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

$515

$570

$428

$572

11.1%

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

3

4

3

10

233.3%

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

8

1

0

7

-12.5%

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

23

10

17

22

-4.3%

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

33

22

0

46

39.4%

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

7.7

2.5

5.7

2.2

-71.3%

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

34.8%

10.0%

0.0%

31.8%

-8.5%

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

$659,000

$1,194,023

$1,063,371

$843,926

21.9%

*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 JUN

$425

JUL

$1,007,614

AUG SEP

MEDIAN SALES PRICE

OCT

$572

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.007 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 : June 2014

telesproperties.com


Hollywood Hills East DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,100,000

$1,381,000

$1,010,000

$1,101,650

0.1%

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

$474

$572

$544

$563

18.8%

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

19

5

7

13

-31.6%

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

11

11

10

16

45.5%

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

70

46

50

66

-5.7%

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

24

59

41

50

108.3%

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

6.4

4.2

5

5.1

-20.2%

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

15.7%

23.9%

20.0%

24.2%

54.3%

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

$961,000

$1,212,858

$1,070,050

$1,152,885

16.6%

*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 JUN

$1.100

JUL

$1,101,650

AUG SEP

MEDIAN SALES PRICE

OCT

$563

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.101 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 : June 2014

telesproperties.com


Laurel Canyon DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,200,000

$1,400,000

$1,675,000

$1,150,000

-4.2%

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

$605

$835

$733

$649

7.3%

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

32

19

25

31

-3.1%

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

32

116

30

30

-6.2%

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

131

118

138

140

6.9%

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

40

43

48

41

2.5%

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

4.1

1

4.6

4.5

10.3%

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

24.4%

98.3%

21.7%

21.4%

-12.3%

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

$1,158,000

$1,327,740

$1,276,667

$1,306,793

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 JUN

$1.200

JUL

$1,150,000

AUG SEP

MEDIAN SALES PRICE

OCT

$649

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.150 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 : June 2014

telesproperties.com


Los Feliz DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,153,225

$1,685,000

$1,050,000

$1,312,500

13.8%

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

$544

$575

$598

$627

15.3%

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

24

17

17

22

-8.3%

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

27

14

21

26

-3.7%

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

92

71

87

99

7.6%

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

33

31

31

47

42.4%

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

3.4

5.1

4.1

4.5

32.1%

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

29.3%

19.7%

24.1%

26.3%

-10.5%

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

$1,037,000

$1,209,500

$1,361,667

$1,271,017

18.4%

*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 JUN

$1.153

JUL

$1,312,500

AUG SEP

MEDIAN SALES PRICE

OCT

$627

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.312 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 : June 2014

telesproperties.com


Malibu DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$2,113,500

$3,370,000

$1,870,000

$2,200,000

4.1%

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

$796

$625

$765

$977

22.7%

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

18

13

9

11

-38.9%

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

22

9

17

14

-36.4%

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

219

175

189

209

-4.6%

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

110

170

97

87

-20.9%

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

12.2

13.5

21

19

56.2%

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

10.0%

5.1%

9.0%

6.7%

-33.3%

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

$1,865,000

$2,226,993

$2,391,667

$2,194,747

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 JUN

$2.113

JUL

$2,200,000

AUG SEP

MEDIAN SALES PRICE

OCT

$977

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

19 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Malibu Beach DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$3,940,000

$4,300,000

$6,332,500

$5,600,000

42.1%

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

$1,816

$2,042

$2,329

$1,617

-11.0%

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

4

9

4

5

25.0%

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

3

2

3

6

100.0%

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

76

60

72

82

7.9%

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

50

142

154

206

312.0%

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

19

6.7

18

16.4

-13.7%

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

3.9%

3.3%

4.2%

7.3%

85.4%

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

$6,156,000

$6,139,396

$6,375,042

$6,215,231

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 JUN

$3.940

JUL

$5,600,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,617

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

16.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$5.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Marina Del Rey DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,728,750

$1,695,000

$1,250,000

$3,081,000

78.2%

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

$734

$640

$532

$588

-19.9%

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

2

3

4

3

50.0%

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

2

2

8

1

-50.0%

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

19

20

26

20

5.3%

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

56

118

51

24

-57.1%

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

9.5

6.7

6.5

6.7

-29.8%

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

10.5%

10.0%

30.8%

5.0%

-52.5%

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

$1,475,000

$1,848,500

$2,025,333

$1,625,250

9.2%

*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 JUN

$1.728

JUL

$3,081,000

AUG SEP

MEDIAN SALES PRICE

OCT

$588

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$3.081 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 : June 2014

telesproperties.com


Mid Los Angeles DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$411,000

$500,000

$471,500

$585,000

42.3%

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

$297

$343

$318

$318

7.1%

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

18

19

20

19

5.6%

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

15

14

19

17

13.3%

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

56

57

73

66

17.9%

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

23

91

46

33

43.5%

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

3.1

3

3.6

3.5

11.7%

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

26.8%

24.6%

26.0%

25.8%

-3.8%

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

$365,000

$519,844

$578,667

$496,543

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 JUN

$411

JUL

$585,000

AUG SEP

MEDIAN SALES PRICE

OCT

$318

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$585 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 : June 2014

telesproperties.com


Mid Wilshire DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$0

$647,500

$0

$695,000

0%

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

$0

$273

$0

$278

0%

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

0

1

0

1

0%

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

1

0

3

11

1000.0%

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

13

10

16

24

84.6%

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

41

0

16

41

0.0%

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

0

10

0

24

0%

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

7.7%

0.0%

18.8%

45.8%

495.8%

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

$431,000

$645,500

$679,000

$579,100

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 JUN JUL

$695,000

AUG SEP

MEDIAN SALES PRICE

OCT

$278

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

24 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$695 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 : June 2014

telesproperties.com


Pacific Palisades DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,982,500

$2,805,000

$2,850,000

$2,550,000

28.6%

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

$916

$876

$899

$873

-4.7%

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

36

22

29

33

-8.3%

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

38

9

34

36

-5.3%

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

143

89

134

119

-16.8%

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

46

68

47

46

0.0%

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

4

4

4.6

3.6

-9.2%

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

26.6%

10.1%

25.4%

30.3%

13.8%

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

$2,134,000

$2,718,250

$2,677,500

$2,504,268

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 JUN

$1.982

JUL

$2,550,000

AUG SEP

MEDIAN SALES PRICE

OCT

$873

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.550 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 : June 2014

telesproperties.com


Palms - Mar Vista DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$808,000

$1,050,000

$1,312,500

$1,066,000

31.9%

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

$538

$606

$651

$685

27.3%

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

28

27

22

26

-7.1%

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

36

13

29

39

8.3%

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

68

49

64

91

33.8%

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

28

37

26

27

-3.6%

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

2.4

1.8

2.9

3.5

44.1%

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

52.9%

26.5%

45.3%

42.9%

-19.0%

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

$818,000

$1,062,083

$1,060,000

$1,012,619

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 JUN

$808

JUL

$1,066,000

AUG SEP

MEDIAN SALES PRICE

OCT

$685

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.066 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 : June 2014

telesproperties.com


Playa Del Rey DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,500,000

$1,015,000

$1,250,000

$922,500

-38.5%

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

$455

$578

$498

$649

42.6%

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

1

1

4

4

300.0%

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

4

2

4

3

-25.0%

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

19

14

13

18

-5.3%

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

25

35

63

14

-44.0%

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

19

14

3.2

4.5

-76.3%

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

21.1%

14.3%

30.8%

16.7%

-20.8%

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

$1,102,000

$1,247,876

$1,322,833

$1,254,443

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 $1.500

JUN JUL

$922,500

AUG SEP

MEDIAN SALES PRICE

OCT

$649

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$922 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 : June 2014

telesproperties.com


Playa Vista DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$0

$1,460,000

$0

$1,242,000

0%

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

$0

$388

$0

$473

0%

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

0

1

0

5

0%

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

1

2

1

4

300.0%

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

7

5

5

9

28.6%

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

24

67

9

26

8.3%

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

0

5

0

1.8

0%

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

14.3%

40.0%

20.0%

44.4%

211.1%

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

$1,188,000

$1,125,665

$1,121,000

$1,271,214

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 JUN JUL

$1,242,000

AUG SEP

MEDIAN SALES PRICE

OCT

$473

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.242 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 : June 2014

telesproperties.com


Santa Monica DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$2,050,000

$1,510,000

$2,312,500

$2,160,000

5.4%

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

$866

$923

$972

$971

12.1%

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

24

21

14

23

-4.2%

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

21

11

17

30

42.9%

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

83

63

74

99

19.3%

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

37

58

37

46

24.3%

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

3.5

3

5.3

4.3

24.5%

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

25.3%

17.5%

23.0%

30.3%

19.8%

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

$1,914,000

$1,942,750

$1,986,667

$1,977,365

3.2%

*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 JUN

$2.050

JUL

$2,160,000

AUG SEP

MEDIAN SALES PRICE

OCT

$971

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.160 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,675,000

$1,656,500

$1,890,500

$1,660,000

-0.9%

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

$649

$874

$782

$631

-2.8%

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

55

28

32

33

-40.0%

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

44

21

41

39

-11.4%

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

238

224

239

264

10.9%

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

43

60

82

49

14.0%

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

4.3

8

7.5

8

84.9%

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

18.5%

9.4%

17.2%

14.8%

-20.1%

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

$1,440,000

$1,640,290

$1,715,086

$1,559,672

7.7%

*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 JUN

$1.675

JUL

$1,660,000

AUG SEP

MEDIAN SALES PRICE

OCT

$631

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.660 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 : June 2014

telesproperties.com


Venice DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,455,000

$1,592,500

$1,683,300

$1,725,000

18.6%

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

$1,010

$931

$902

$948

-6.1%

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

18

26

19

24

33.3%

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

20

18

22

16

-20.0%

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

71

42

60

62

-12.7%

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

74

45

65

23

-68.9%

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

3.9

1.6

3.2

2.6

-34.5%

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

28.2%

42.9%

36.7%

25.8%

-8.4%

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

$1,300,000

$1,542,133

$1,624,833

$1,450,408

11.6%

*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 JUN

$1.455

JUL

$1,725,000

AUG SEP

MEDIAN SALES PRICE

OCT

$948

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.725 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 : June 2014

telesproperties.com


West Hollywood DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$894,300

$1,261,250

$1,087,500

$1,125,000

25.8%

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

$724

$680

$748

$679

-6.2%

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

6

8

6

13

116.7%

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

17

14

12

12

-29.4%

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

43

46

41

45

4.7%

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

19

51

74

34

78.9%

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

7.2

5.8

6.8

3.5

-51.7%

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

39.5%

30.4%

29.3%

26.7%

-32.5%

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

$1,138,000

$1,169,575

$1,265,689

$1,140,366

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 JUN

$894

JUL

$1,125,000

AUG SEP

MEDIAN SALES PRICE

OCT

$679

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.125 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 : June 2014

telesproperties.com


West Los Angeles DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$772,500

$835,500

$877,500

$875,000

13.3%

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

$617

$477

$564

$608

-1.5%

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

4

8

6

9

125.0%

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

4

1

6

8

100.0%

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

20

15

25

33

65.0%

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

16

99

19

18

12.5%

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

5

1.9

4.2

3.7

-26.7%

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

20.0%

6.7%

24.0%

24.2%

21.2%

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

$682,000

$857,458

$891,417

$836,838

22.7%

*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 JUN

$772

JUL

$875,000

AUG SEP

MEDIAN SALES PRICE

OCT

$608

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Westchester DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$735,000

$775,000

$905,000

$752,000

2.3%

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

$475

$465

$476

$539

13.5%

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

24

19

17

22

-8.3%

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

29

11

19

37

27.6%

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

63

21

55

84

33.3%

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

21

34

24

37

76.2%

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

2.6

1.1

3.2

3.8

45.5%

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

46.0%

52.4%

34.5%

44.0%

-4.3%

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

$693,000

$857,167

$792,667

$810,769

17.0%

*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 JUN

$735

JUL

$752,000

AUG SEP

MEDIAN SALES PRICE

OCT

$539

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$752 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 : June 2014

telesproperties.com


Westwood - Century City DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,300,000

$1,543,000

$1,850,000

$1,505,000

15.8%

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

$674

$687

$756

$769

14.1%

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

21

22

10

15

-28.6%

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

9

7

14

19

111.1%

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

50

36

44

68

36.0%

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

24

31

24

39

62.5%

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

2.4

1.6

4.4

4.5

90.4%

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

18.0%

19.4%

31.8%

27.9%

55.2%

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

$1,329,000

$1,735,833

$1,668,333

$1,629,692

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 JUN

$1.300

JUL

$1,505,000

AUG SEP

MEDIAN SALES PRICE

OCT

$769

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.505 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 : June 2014

telesproperties.com


South Bay Macro Market DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,281,354

$1,194,472

$1,076,813

$1,673,611

30.6%

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

$508

$545

$552

$570

12.0%

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

229

174

180

184

-19.7%

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

243

115

226

226

-7.0%

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

700

485

620

774

10.6%

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

31

59

58

32

4.7%

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

3.1

2.8

3.4

4.2

37.6%

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

34.7%

23.7%

36.5%

29.2%

-15.9%

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

$1,184,444

$1,323,950

$1,416,411

$1,349,739

14.0%

*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 JUN

$1.281

JUL

$1,673,611

AUG SEP

MEDIAN SALES PRICE

OCT

$570

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.673 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 : June 2014

telesproperties.com


El Segundo DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,190,000

$818,250

$730,000

$820,000

-31.1%

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

$393

$478

$604

$518

31.8%

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

8

6

5

6

-25.0%

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

9

3

7

4

-55.6%

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

25

15

19

17

-32.0%

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

44

16

34

19

-56.8%

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

3.1

2.5

3.8

2.8

-9.3%

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

36.0%

20.0%

36.8%

23.5%

-34.6%

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

$852,000

$864,667

$888,500

$863,904

1.4%

*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 $1.190

JUN JUL

$820,000

AUG SEP

MEDIAN SALES PRICE

OCT

$518

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$820 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Manhattan Beach DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,689,500

$1,552,000

$1,717,000

$1,915,000

13.3%

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

$676

$801

$788

$818

21.0%

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

30

21

25

36

20.0%

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

32

6

45

33

3.1%

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

93

36

92

89

-4.3%

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

36

39

32

36

0.0%

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

3.1

1.7

3.7

2.5

-20.3%

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

34.4%

16.7%

48.9%

37.1%

7.8%

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

$1,601,000

$1,933,667

$1,922,500

$1,819,077

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 JUN

$1.689

JUL

$1,915,000

AUG SEP

MEDIAN SALES PRICE

OCT

$818

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.915 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Palos Verdes Estates DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,570,000

$1,597,500

$1,737,500

$1,500,000

-4.5%

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

$548

$610

$693

$610

11.3%

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

14

16

14

13

-7.1%

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

21

11

18

27

28.6%

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

77

46

61

94

22.1%

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

42

62

37

38

-9.5%

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

5.5

2.9

4.4

7.2

31.5%

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

27.3%

23.9%

29.5%

28.7%

5.3%

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

$1,599,000

$1,561,750

$1,490,000

$1,541,308

-3.6%

*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 JUN

$1.570

JUL

$1,500,000

AUG SEP

MEDIAN SALES PRICE

OCT

$610

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

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

Micro Market Report : June 2014

telesproperties.com


Rancho Palos Verdes DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,193,188

$1,200,000

$1,145,000

$1,260,000

5.6%

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

$477

$487

$527

$481

0.8%

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

40

23

25

32

-20.0%

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

43

20

35

45

4.7%

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

125

85

104

160

28.0%

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

38

67

84

44

15.8%

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

3.1

3.7

4.2

5

60.0%

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

34.4%

23.5%

33.7%

28.1%

-18.2%

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

$1,006,000

$1,189,667

$1,204,333

$1,173,399

16.6%

*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 JUN

$1.193

JUL

$1,260,000

AUG SEP

MEDIAN SALES PRICE

OCT

$481

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Redondo Beach DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$860,000

$873,000

$835,000

$920,000

7.0%

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

$534

$523

$506

$530

-0.7%

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

45

29

33

31

-31.1%

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

31

18

30

35

12.9%

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

84

74

67

100

19.0%

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

32

51

41

16

-50.0%

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

1.9

2.6

2

3.2

72.8%

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

36.9%

24.3%

44.8%

35.0%

-5.2%

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

$793,000

$854,681

$873,362

$857,891

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 JUN

$860

JUL

$920,000

AUG SEP

MEDIAN SALES PRICE

OCT

$530

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$920 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 : June 2014

telesproperties.com


Rolling Hills DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$2,750,000

$2,175,000

$0

$5,725,000

108.2%

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

$734

$650

$0

$840

14.4%

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

5

2

0

2

-60.0%

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

1

1

3

2

100.0%

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

15

14

20

25

66.7%

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

8

78

159

36

350.0%

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

3

7

0

12.5

316.7%

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

6.7%

7.1%

15.0%

8.0%

20.0%

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

$2,480,000

$4,022,125

$3,696,167

$3,430,650

38.3%

*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 JUN

$2.750

JUL

$5,725,000

AUG SEP

MEDIAN SALES PRICE

OCT

$840

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

12.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$5.725 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 : June 2014

telesproperties.com


Rolling Hills Estates DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,150,000

$1,387,500

$1,280,000

$1,725,000

50.0%

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

$477

$643

$569

$570

19.5%

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

6

2

3

4

-33.3%

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

7

1

7

12

71.4%

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

29

8

26

30

3.4%

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

26

87

26

23

-11.5%

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

4.8

4

8.7

7.5

55.2%

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

24.1%

12.5%

26.9%

40.0%

65.7%

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

$1,288,000

$1,310,333

$1,495,667

$1,316,885

2.2%

*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 JUN

$1.150

JUL

$1,725,000

AUG SEP

MEDIAN SALES PRICE

OCT

$570

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.725 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 : June 2014

telesproperties.com


San Pedro DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$509,500

$532,000

$535,000

$520,000

2.1%

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

$329

$326

$314

$338

2.7%

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

38

26

28

24

-36.8%

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

43

23

32

18

-58.1%

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

119

109

113

99

-16.8%

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

27

78

74

44

63.0%

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

3.1

4.2

4

4.1

31.7%

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

36.1%

21.1%

28.3%

18.2%

-49.7%

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

$460,000

$516,667

$526,667

$504,038

9.6%

*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 JUN

$509

JUL

$520,000

AUG SEP

MEDIAN SALES PRICE

OCT

$338

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$520 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Torrance DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$620,000

$615,000

$635,000

$677,500

9.3%

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

$407

$387

$411

$421

3.4%

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

43

49

47

36

-16.3%

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

56

32

49

50

-10.7%

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

133

98

118

160

20.3%

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

22

54

31

32

45.5%

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

3.1

2

2.5

4.4

43.7%

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

42.1%

32.7%

41.5%

31.2%

-25.8%

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

$581,000

$644,417

$650,500

$640,500

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 JUN

$620

JUL

$677,500

AUG SEP

MEDIAN SALES PRICE

OCT

$421

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$677 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 : June 2014

telesproperties.com


San Fernando Valley Macro Market DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$674,786

$715,929

$727,643

$838,214

24.2%

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

$360

$363

$376

$392

8.8%

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

434

426

368

502

15.7%

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

501

360

471

508

1.4%

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

793

745

899

1,147

44.6%

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

50

64

58

63

24.6%

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

1.8

1.7

2.4

2.3

25.0%

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

63.2%

48.3%

52.4%

44.3%

-29.9%

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

$630,088

$769,405

$793,071

$731,709

16.1%

*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 JUN

$674

JUL

$838,214

AUG SEP

MEDIAN SALES PRICE

OCT

$392

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$838 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 : June 2014

telesproperties.com


Burbank DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$599,000

$580,000

$635,000

$654,000

9.2%

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

$377

$372

$418

$412

9.3%

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

68

48

51

44

-35.3%

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

63

45

49

60

-4.8%

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

57

58

59

91

59.6%

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

37

44

59

43

16.2%

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

0.8

1.2

1.2

2.1

146.7%

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

110.5%

77.6%

83.1%

65.9%

-40.3%

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

$536,308

$639,000

$638,000

$618,077

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 JUN

$599

JUL

$654,000

AUG SEP

MEDIAN SALES PRICE

OCT

$412

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$654 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 : June 2014

telesproperties.com


Encino DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$795,000

$785,000

$928,000

$995,000

25.2%

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

$401

$406

$384

$424

5.7%

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

43

36

31

47

9.3%

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

52

23

39

36

-30.8%

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

93

78

96

121

30.1%

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

43

65

57

59

37.2%

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

2.2

2.2

3.1

2.6

19.0%

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

55.9%

29.5%

40.6%

29.8%

-46.8%

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

$772,846

$1,051,500

$1,006,667

$986,462

27.6%

*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 JUN

$795

JUL

$995,000

AUG SEP

MEDIAN SALES PRICE

OCT

$424

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$995 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 : June 2014

telesproperties.com


Glendale DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$655,000

$725,000

$664,000

$751,000

14.7%

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

$377

$399

$404

$411

9.0%

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

57

57

42

72

26.3%

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

55

49

53

70

27.3%

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

121

76

119

136

12.4%

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

39

53

55

47

20.5%

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

2.1

1.3

2.8

1.9

-11.0%

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

45.5%

64.5%

44.5%

51.5%

13.2%

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

$614,615

$726,000

$739,667

$707,923

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 JUN

$655

JUL

$751,000

AUG SEP

MEDIAN SALES PRICE

OCT

$411

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$751 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 : June 2014

telesproperties.com


La Crescenta DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$687,000

$714,000

$765,000

$732,000

6.6%

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

$425

$390

$413

$412

-3.1%

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

21

23

14

19

-9.5%

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

17

19

19

31

82.4%

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

25

17

31

44

76.0%

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

58

50

53

58

0.0%

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

1.2

0.7

2.2

2.3

94.5%

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

68.0%

111.8%

61.3%

70.5%

3.6%

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

$594,077

$701,500

$725,333

$673,077

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 JUN

$687

JUL

$732,000

AUG SEP

MEDIAN SALES PRICE

OCT

$412

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$732 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 : June 2014

telesproperties.com


North Hollywood DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$425,000

$403,000

$455,000

$439,000

3.3%

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

$293

$289

$319

$322

9.9%

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

31

39

36

56

80.6%

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

55

30

40

40

-27.3%

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

43

68

70

66

53.5%

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

44

33

55

53

20.5%

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

1.4

1.7

1.9

1.2

-15.0%

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

127.9%

44.1%

57.1%

60.6%

-52.6%

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

$341,385

$430,167

$432,667

$414,923

21.5%

*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 JUN

$425

JUL

$439,000

AUG SEP

MEDIAN SALES PRICE

OCT

$322

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$439 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 : June 2014

telesproperties.com


Shadow Hills DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$575,000

$628,000

$690,000

$600,000

4.3%

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

$251

$297

$243

$259

3.2%

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

4

3

3

3

-25.0%

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

7

5

4

3

-57.1%

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

20

7

8

14

-30.0%

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

55

141

116

78

41.8%

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

5

2.3

2.7

4.7

-6.7%

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

35.0%

71.4%

50.0%

21.4%

-38.8%

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

$612,077

$785,500

$684,333

$718,154

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 JUN

$575

JUL

$600,000

AUG SEP

MEDIAN SALES PRICE

OCT

$259

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Sherman Oaks DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$774,000

$840,000

$805,000

$900,000

16.3%

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

$429

$423

$442

$437

1.9%

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

62

45

45

49

-21.0%

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

71

40

59

64

-9.9%

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

118

93

111

154

30.5%

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

60

62

47

58

-3.3%

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

1.9

2.1

2.5

3.1

65.1%

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

60.2%

43.0%

53.2%

41.6%

-30.9%

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

$734,769

$931,000

$941,000

$864,000

17.6%

*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 JUN

$774

JUL

$900,000

AUG SEP

MEDIAN SALES PRICE

OCT

$437

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Studio City DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$950,000

$1,024,000

$1,140,000

$1,195,000

25.8%

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

$468

$450

$478

$552

17.9%

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

29

28

30

41

41.4%

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

42

23

30

32

-23.8%

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

80

67

66

81

1.2%

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

39

60

72

47

20.5%

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

2.8

2.4

2.2

2

-28.4%

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

52.5%

34.3%

45.5%

39.5%

-24.8%

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

$871,923

$1,168,667

$1,221,667

$1,100,923

26.3%

*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 JUN

$950

JUL

$1,195,000

AUG SEP

MEDIAN SALES PRICE

OCT

$552

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.195 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 : June 2014

telesproperties.com


Sun Valley DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$365,000

$370,000

$433,000

$385,000

5.5%

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

$235

$289

$265

$300

27.7%

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

16

19

12

23

43.8%

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

20

14

17

27

35.0%

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

25

29

34

40

60.0%

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

48

44

58

52

8.3%

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

1.6

1.5

2.8

1.7

11.3%

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

80.0%

48.3%

50.0%

67.5%

-15.6%

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

$345,308

$383,833

$376,667

$374,692

8.5%

*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 JUN

$365

JUL

$385,000

AUG SEP

MEDIAN SALES PRICE

OCT

$300

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Sunland/Tujunga DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$375,000

$410,000

$395,000

$450,000

20.0%

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

$292

$273

$329

$284

-2.7%

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

33

39

21

38

15.2%

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

39

35

36

46

17.9%

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

61

51

58

78

27.9%

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

68

57

59

71

4.4%

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

1.8

1.3

2.8

2.1

11.0%

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

63.9%

68.6%

62.1%

59.0%

-7.8%

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

$361,538

$436,833

$451,333

$423,692

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 JUN

$375

JUL

$450,000

AUG SEP

MEDIAN SALES PRICE

OCT

$284

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Tarzana DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$823,000

$783,000

$810,000

$790,000

-4.0%

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

$316

$323

$387

$371

17.4%

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

39

16

21

27

-30.8%

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

30

19

34

28

-6.7%

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

60

54

68

94

56.7%

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

61

85

56

63

3.3%

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

1.5

3.4

3.2

3.5

126.3%

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

50.0%

35.2%

50.0%

29.8%

-40.4%

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

$727,769

$858,667

$934,667

$817,769

12.4%

*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 JUN

$823

JUL

$790,000

AUG SEP

MEDIAN SALES PRICE

OCT

$371

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$790 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 : June 2014

telesproperties.com


Toluca Lake DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,020,000

$1,400,000

$1,013,000

$2,415,000

136.8%

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

$452

$441

$425

$540

19.5%

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

5

7

4

5

0.0%

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

8

4

7

4

-50.0%

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

18

12

11

27

50.0%

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

44

73

20

129

193.2%

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

3.6

1.7

2.8

5.4

50.0%

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

44.4%

33.3%

63.6%

14.8%

-66.7%

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

$1,078,462

$1,255,333

$1,543,667

$1,128,769

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 JUN

$1.020

JUL

$2,415,000

AUG SEP

MEDIAN SALES PRICE

OCT

$540

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.415 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 : June 2014

telesproperties.com


Valley Village DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$735,000

$725,000

$819,000

$759,000

3.3%

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

$364

$422

$414

$454

24.7%

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

13

9

12

12

-7.7%

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

21

12

12

11

-47.6%

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

36

20

23

27

-25.0%

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

53

55

56

52

-1.9%

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

2.8

2.2

1.9

2.2

-18.8%

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

58.3%

60.0%

52.2%

40.7%

-30.2%

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

$659,077

$732,000

$720,667

$752,538

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 JUN

$735

JUL

$759,000

AUG SEP

MEDIAN SALES PRICE

OCT

$454

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Woodland Hills DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$669,000

$636,000

$635,000

$670,000

0.1%

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

$364

$308

$342

$309

-15.1%

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

13

57

46

66

407.7%

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

21

42

72

56

166.7%

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

36

115

145

174

383.3%

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

53

69

55

65

22.6%

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

2.8

2

3.2

2.6

-4.8%

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

58.3%

36.5%

49.7%

32.2%

-44.8%

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

$571,077

$671,667

$686,667

$662,923

16.1%

*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 JUN

$669

JUL

$670,000

AUG SEP

MEDIAN SALES PRICE

OCT

$309

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$670 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 : June 2014

telesproperties.com


San Gabriel Valley Macro Market DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$907,455

$881,000

$1,033,545

$965,273

6.4%

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

$456

$480

$496

$504

10.7%

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

334

263

257

279

-16.5%

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

352

235

275

293

-16.8%

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

616

421

509

674

9.4%

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

44

51

54

39

-11.4%

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

1.8

1.6

2

2.4

31.0%

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

57.1%

55.8%

54.0%

43.5%

-23.9%

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

$785,308

$951,500

$942,667

$910,727

16.0%

*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 JUN

$907

JUL

$965,273

AUG SEP

MEDIAN SALES PRICE

OCT

$504

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$965 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 : June 2014

telesproperties.com


Altadena DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$678,000

$588,000

$550,000

$615,000

-9.3%

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

$369

$385

$358

$408

10.6%

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

38

37

33

29

-23.7%

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

45

30

41

31

-31.1%

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

55

43

43

64

16.4%

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

54

52

51

30

-44.4%

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

1.4

1.2

1.3

2.2

52.5%

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

81.8%

69.8%

95.3%

48.4%

-40.8%

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

$506,846

$572,833

$613,333

$591,692

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 JUN

$678

JUL

$615,000

AUG SEP

MEDIAN SALES PRICE

OCT

$408

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Arcadia DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,225,000

$1,350,000

$1,388,000

$1,312,000

7.1%

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

$534

$572

$597

$615

15.2%

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

58

36

45

54

-6.9%

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

50

34

36

37

-26.0%

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

98

70

91

142

44.9%

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

36

46

48

41

13.9%

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

1.7

1.9

2

2.6

55.6%

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

51.0%

48.6%

39.6%

26.1%

-48.9%

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

$1,068,462

$1,471,333

$1,360,000

$1,362,923

27.6%

*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 JUN

$1.225

JUL

$1,312,000

AUG SEP

MEDIAN SALES PRICE

OCT

$615

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.312 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 : June 2014

telesproperties.com


Duarte DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$366,000

$360,000

$540,000

$423,000

15.6%

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

$285

$344

$279

$324

13.7%

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

14

9

11

10

-28.6%

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

17

12

11

12

-29.4%

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

18

21

18

26

44.4%

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

44

75

58

49

11.4%

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

1.3

2.3

1.6

2.6

102.2%

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

94.4%

57.1%

61.1%

46.2%

-51.1%

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

$337,846

$414,167

$410,667

$403,769

19.5%

*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 JUN

$366

JUL

$423,000

AUG SEP

MEDIAN SALES PRICE

OCT

$324

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$423 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 : June 2014

telesproperties.com


Eagle Rock DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$600,000

$579,000

$745,000

$530,000

-11.7%

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

$413

$452

$388

$418

1.2%

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

9

8

3

3

-66.7%

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

21

3

3

4

-81.0%

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

19

10

15

10

-47.4%

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

24

52

44

37

54.2%

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

2.1

1.2

5

3.3

57.9%

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

110.5%

30.0%

20.0%

40.0%

-63.8%

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

$509,231

$634,167

$633,333

$606,385

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 JUN

$600

JUL

$530,000

AUG SEP

MEDIAN SALES PRICE

OCT

$418

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


La Canada Flintridge DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,368,000

$1,255,000

$1,560,000

$1,381,000

1.0%

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

$529

$497

$573

$553

4.5%

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

31

18

20

20

-35.5%

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

26

21

20

23

-11.5%

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

66

31

36

57

-13.6%

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

48

57

79

37

-22.9%

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

2.1

1.7

1.8

2.8

33.9%

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

39.4%

67.7%

55.6%

40.4%

2.4%

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

$1,189,000

$1,358,667

$1,306,333

$1,291,615

8.6%

*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 JUN

$1.368

JUL

$1,381,000

AUG SEP

MEDIAN SALES PRICE

OCT

$553

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.381 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 : June 2014

telesproperties.com


Monrovia DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$588,000

$558,000

$562,000

$653,000

11.1%

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

$342

$389

$435

$414

21.1%

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

26

21

18

26

0.0%

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

28

18

25

31

10.7%

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

55

42

61

60

9.1%

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

40

62

55

44

10.0%

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

2.1

2

3.4

2.3

9.1%

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

50.9%

42.9%

41.0%

51.7%

1.5%

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

$497,385

$566,333

$609,333

$563,615

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 JUN

$588

JUL

$653,000

AUG SEP

MEDIAN SALES PRICE

OCT

$414

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$653 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 : June 2014

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Pasadena DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$676,000

$745,000

$740,000

$795,000

17.6%

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

$430

$476

$496

$515

19.8%

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

87

77

75

70

-19.5%

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

90

73

96

92

2.2%

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

188

123

145

185

-1.6%

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

52

45

60

40

-23.1%

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

2.2

1.6

1.9

2.6

22.3%

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

47.9%

59.3%

66.2%

49.7%

3.9%

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

$621,154

$724,833

$793,000

$714,154

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 JUN

$676

JUL

$795,000

AUG SEP

MEDIAN SALES PRICE

OCT

$515

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$795 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 : June 2014

telesproperties.com


San Gabriel DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$641,000

$637,000

$705,000

$635,000

-0.9%

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

$409

$388

$400

$403

-1.5%

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

28

28

24

34

21.4%

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

29

19

22

22

-24.1%

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

67

44

53

56

-16.4%

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

34

51

51

41

20.6%

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

2.4

1.6

2.2

1.6

-31.2%

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

43.3%

43.2%

41.5%

39.3%

-9.2%

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

$551,923

$664,167

$674,667

$650,462

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 JUN

$641

JUL

$635,000

AUG SEP

MEDIAN SALES PRICE

OCT

$403

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

1.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$635 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 : June 2014

telesproperties.com


San Marino DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,850,000

$2,070,000

$2,579,000

$2,186,000

18.2%

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

$710

$751

$838

$862

21.4%

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

16

14

11

11

-31.2%

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

15

11

10

12

-20.0%

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

17

9

11

24

41.2%

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

47

38

42

26

-44.7%

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

1.1

0.6

1

2.2

105.3%

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

88.2%

122.2%

90.9%

50.0%

-43.3%

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

$1,681,692

$2,191,333

$2,076,333

$1,993,769

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 JUN

$1.850

JUL

$2,186,000

AUG SEP

MEDIAN SALES PRICE

OCT

$862

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.186 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 : June 2014

telesproperties.com


Sierra Madre DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$860,000

$725,000

$960,000

$788,000

-8.4%

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

$462

$436

$479

$384

-16.9%

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

15

7

9

11

-26.7%

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

13

7

3

14

7.7%

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

18

17

17

23

27.8%

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

72

63

60

65

-9.7%

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

1.2

2.4

1.9

2.1

74.2%

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

72.2%

41.2%

17.6%

60.9%

-15.7%

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

$728,846

$870,500

$812,000

$848,769

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 JUN

$860

JUL

$788,000

AUG SEP

MEDIAN SALES PRICE

OCT

$384

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$788 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 : June 2014

telesproperties.com


South Pasadena DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,130,000

$824,000

$1,040,000

$1,300,000

15.0%

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

$528

$585

$615

$652

23.5%

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

12

8

8

11

-8.3%

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

18

7

8

15

-16.7%

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

15

11

19

27

80.0%

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

31

24

48

17

-45.2%

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

1.2

1.4

2.4

2.5

96.4%

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

120.0%

63.6%

42.1%

55.6%

-53.7%

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

$912,077

$998,167

$1,080,333

$990,846

8.6%

*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 JUN

$1.130

JUL

$1,300,000

AUG SEP

MEDIAN SALES PRICE

OCT

$652

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

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Orange County

Orange County Macro

Laguna Beach

Shady Canyon

Balboa Peninsula

Laguna Hills

Turtle Ridge

Corona del Mar - Spyglass

Laguna Niguel

Turtle Rock

Coto de Caza

Laguna Woods

West Bay - Santa Ana Heights

Crystal Cove

Lower Newport Bay - Balboa Island

West Newport - Lido

Dana Point

Mission Viejo

Westminster

East Bluff - Harbor View

Newport Beach

East Costa Mesa

Newport Coast

Fountain Valley

Newport Heights

Huntington Beach

Rancho Santa Margarita

Irvine

San Clemente

Ladera Ranch

San Juan Capistrano

Micro Market Report : June 2014

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County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : June 2014

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Orange County DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$640,000

$665,000

$650,000

$684,950

7.0%

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

$371

$383

$391

$403

8.6%

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

1831

1446

1384

1686

-7.9%

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

1780

986

1710

1703

-4.3%

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

6,754

5,694

6,660

7,619

12.8%

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

54

78

64

55

1.9%

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

3.7

3.9

4.8

4.5

22.5%

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

26.4%

17.3%

25.7%

22.4%

-15.2%

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

$566,000

$664,358

$678,650

$655,988

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 JUN

$640

JUL

$684,950

AUG SEP

MEDIAN SALES PRICE

OCT

$403

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$684 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 : June 2014

telesproperties.com


Aliso Viejo DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$662,500

$737,500

$662,500

$742,000

12.0%

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

$329

$324

$343

$344

4.6%

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

24

18

16

20

-16.7%

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

23

13

29

19

-17.4%

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

65

63

79

86

32.3%

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

52

61

71

42

-19.2%

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

2.7

3.5

4.9

4.3

58.8%

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

35.4%

20.6%

36.7%

22.1%

-37.6%

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

$620,000

$723,417

$723,500

$707,377

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 JUN

$662

JUL

$742,000

AUG SEP

MEDIAN SALES PRICE

OCT

$344

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$742 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 : June 2014

telesproperties.com


Balboa Peninsula DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,825,000

$1,825,000

$2,065,000

$2,625,000

43.8%

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

$1,112

$745

$736

$1,468

32.0%

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

5

3

3

6

20.0%

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

5

5

5

6

20.0%

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

38

40

38

47

23.7%

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

63

64

130

74

17.5%

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

7.6

13.3

12.7

7.8

3.1%

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

13.2%

12.5%

13.2%

12.8%

-3.0%

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

$1,869,000

$3,240,667

$3,508,333

$2,998,192

60.4%

*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 JUN

$1.825

JUL

$2,625,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,468

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$2.625 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 : June 2014

telesproperties.com


Corona del Mar - Spyglass DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,970,500

$3,659,000

$2,835,000

$1,825,000

-7.4%

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

$801

$953

$1,008

$923

15.2%

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

12

16

9

12

0.0%

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

17

6

14

12

-29.4%

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

74

50

57

74

0.0%

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

71

178

58

100

40.8%

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

6.2

3.1

6.3

6.2

0.0%

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

23.0%

12.0%

24.6%

16.2%

-29.4%

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

$1,967,000

$2,456,708

$2,360,500

$2,420,269

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 JUN

$1.970

JUL

$1,825,000

AUG SEP

MEDIAN SALES PRICE

OCT

$923

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Coto de Caza DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,015,000

$1,035,000

$1,121,000

$1,275,000

25.6%

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

$330

$321

$321

$372

12.7%

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

25

20

18

13

-48.0%

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

22

12

22

21

-4.5%

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

114

101

121

156

36.8%

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

39

84

48

92

135.9%

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

4.6

5

6.7

12

163.2%

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

19.3%

11.9%

18.2%

13.5%

-30.2%

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

$964,000

$1,140,417

$1,203,833

$1,097,554

13.9%

*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 JUN

$1.015

JUL

$1,275,000

AUG SEP

MEDIAN SALES PRICE

OCT

$372

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

12 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.275 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 : June 2014

telesproperties.com


Crystal Cove DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$5,200,000

$3,500,000

$3,880,000

$4,850,000

-6.7%

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

$977

$992

$1,125

$814

-16.7%

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

4

1

3

1

-75.0%

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

2

2

4

2

0.0%

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

27

17

21

24

-11.1%

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

46

120

104

40

-13.0%

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

6.8

17

7

24

255.6%

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

7.4%

11.8%

19.0%

8.3%

12.5%

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

$4,170,000

$4,616,333

$4,799,667

$4,719,962

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 JUN

$5.200

JUL

$4,850,000

AUG SEP

MEDIAN SALES PRICE

OCT

$814

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

24 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$4.850 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 : June 2014

telesproperties.com


Dana Point DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$799,000

$885,000

$909,950

$802,500

0.4%

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

$734

$511

$566

$564

-23.2%

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

39

34

20

30

-23.1%

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

37

23

29

41

10.8%

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

189

153

158

217

14.8%

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

58

62

38

82

41.4%

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

4.8

4.5

7.9

7.2

49.3%

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

19.6%

15.0%

18.4%

18.9%

-3.5%

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

$776,000

$868,992

$871,500

$894,804

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 JUN

$799

JUL

$802,500

AUG SEP

MEDIAN SALES PRICE

OCT

$564

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$802 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 : June 2014

telesproperties.com


East Bluff - Harbor View DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$2,107,500

$1,617,500

$1,725,000

$1,612,500

-23.5%

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

$608

$648

$627

$677

11.3%

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

22

14

10

24

9.1%

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

23

9

22

32

39.1%

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

68

56

94

134

97.1%

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

42

80

65

69

64.3%

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

3.1

4

9.4

5.6

80.6%

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

33.8%

16.1%

23.4%

23.9%

-29.4%

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

$1,459,000

$1,701,417

$1,729,833

$1,729,635

18.5%

*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 $2.107

JUN JUL

$1,612,500

AUG SEP

MEDIAN SALES PRICE

OCT

$677

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.612 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 : June 2014

telesproperties.com


East Costa Mesa DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$777,000

$900,000

$925,000

$850,000

9.4%

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

$453

$530

$545

$527

16.3%

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

20

12

14

20

0.0%

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

21

12

19

18

-14.3%

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

62

46

73

76

22.6%

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

35

71

42

38

8.6%

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

3.1

3.8

5.2

3.8

22.6%

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

33.9%

26.1%

26.0%

23.7%

-30.1%

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

$747,000

$854,866

$874,065

$860,080

15.1%

*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 JUN

$777

JUL

$850,000

AUG SEP

MEDIAN SALES PRICE

OCT

$527

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$850 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 : June 2014

telesproperties.com


Fountain Valley DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$654,000

$655,000

$654,000

$653,500

-0.1%

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

$330

$322

$360

$345

4.5%

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

26

14

26

19

-26.9%

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

40

22

31

34

-15.0%

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

81

64

69

101

24.7%

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

28

49

36

49

75.0%

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

3.1

4.6

2.7

5.3

70.6%

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

49.4%

34.4%

44.9%

33.7%

-31.8%

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

$592,000

$664,917

$679,500

$660,692

11.6%

*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 JUN

$654

JUL

$653,500

AUG SEP

MEDIAN SALES PRICE

OCT

$345

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$653 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 : June 2014

telesproperties.com


Huntington Beach DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$712,000

$750,000

$750,000

$742,500

4.3%

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

$404

$426

$416

$427

5.7%

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

121

100

95

112

-7.4%

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

125

57

130

97

-22.4%

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

380

298

407

448

17.9%

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

42

58

66

52

23.8%

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

3.1

3

4.3

4

27.4%

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

32.9%

19.1%

31.9%

21.7%

-34.2%

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

$645,000

$736,725

$737,617

$732,181

13.5%

*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 JUN

$712

JUL

$742,500

AUG SEP

MEDIAN SALES PRICE

OCT

$427

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$742 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 : June 2014

telesproperties.com


Irvine DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$876,500

$893,192

$922,500

$934,000

6.6%

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

$422

$451

$460

$458

8.5%

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

94

75

80

91

-3.2%

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

111

53

99

46

-58.6%

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

331

275

359

483

45.9%

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

37

61

42

55

48.6%

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

3.5

3.7

4.5

5.3

50.7%

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

33.5%

19.3%

27.6%

9.5%

-71.6%

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

$820,000

$906,667

$909,667

$897,246

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 JUN

$876

JUL

$934,000

AUG SEP

MEDIAN SALES PRICE

OCT

$458

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$934 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 : June 2014

telesproperties.com


Ladera Ranch DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$834,444

$810,000

$870,153

$885,762

6.1%

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

$308

$316

$304

$326

5.8%

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

44

27

27

44

0.0%

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

44

19

23

28

-36.4%

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

128

89

114

158

23.4%

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

43

45

30

62

44.2%

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

2.9

3.3

4.2

3.6

23.4%

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

34.4%

21.3%

20.2%

17.7%

-48.4%

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

$743,000

$842,736

$803,754

$843,931

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 JUN

$834

JUL

$885,762

AUG SEP

MEDIAN SALES PRICE

OCT

$326

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$885 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Laguna Beach DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,527,500

$1,470,000

$2,272,500

$1,660,000

8.7%

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

$904

$759

$888

$1,029

13.8%

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

34

31

24

34

0.0%

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

32

11

40

44

37.5%

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

254

208

254

275

8.3%

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

84

102

102

93

10.7%

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

7.5

6.7

10.6

8.1

8.3%

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

12.6%

5.3%

15.7%

16.0%

27.0%

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

$1,464,000

$2,007,417

$1,834,000

$1,848,058

26.2%

*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 JUN

$1.527

JUL

$1,660,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,029

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.660 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 : June 2014

telesproperties.com


Laguna Niguel DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$835,000

$820,000

$789,000

$784,000

-6.1%

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

$360

$370

$431

$390

8.3%

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

61

47

51

59

-3.3%

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

73

31

69

56

-23.3%

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

214

178

271

348

62.6%

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

44

77

40

53

20.5%

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

3.5

3.8

5.3

5.9

68.1%

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

34.1%

17.4%

25.5%

16.1%

-52.8%

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

$690,000

$793,492

$801,483

$796,758

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 JUN

$835

JUL

$784,000

AUG SEP

MEDIAN SALES PRICE

OCT

$390

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$784 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 : June 2014

telesproperties.com


Laguna Hills DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$716,000

$700,000

$675,000

$757,500

5.8%

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

$332

$321

$334

$375

13.0%

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

20

20

19

18

-10.0%

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

21

10

25

31

47.6%

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

83

61

95

111

33.7%

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

24

51

67

57

137.5%

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

4.2

3

5

6.2

48.6%

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

25.3%

16.4%

26.3%

27.9%

10.4%

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

$667,000

$694,067

$690,633

$701,762

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 JUN

$716

JUL

$757,500

AUG SEP

MEDIAN SALES PRICE

OCT

$375

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$757 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 : June 2014

telesproperties.com


Laguna Woods DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$625,000

$0

$772,000

$0

-100.0%

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

$393

$0

$432

$0

-100.0%

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

1

0

1

0

-100.0%

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

0

2

0

0

0%

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

2

2

0

0

-100.0%

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

0

76

0

0

0%

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

2

0

0

0

0%

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

0.0%

100.0%

0%

0%

0%

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

$582,000

$627,500

$0

$633,000

8.8%

*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 JUN

$625

JUL

No sales

AUG SEP

MEDIAN SALES PRICE

OCT

No sales

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

No sales MONTH’S SUPPLY OF INVENTORY

APR MAY JUN 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 : June 2014

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$2,425,000

$2,024,750

$4,600,000

$3,547,500

46.3%

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

$1,044

$944

$1,704

$1,245

19.3%

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

5

4

1

6

20.0%

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

6

4

6

3

-50.0%

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

36

38

49

48

33.3%

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

50

122

64

86

72.0%

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

7.2

9.5

49

8

11.1%

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

16.7%

10.5%

12.2%

6.2%

-62.5%

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

$2,315,000

$3,210,850

$3,034,200

$2,997,873

29.5%

*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 JUN

$2.425

JUL

$3,547,500

AUG SEP

MEDIAN SALES PRICE

OCT

$1,245

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$3.547 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 : June 2014

telesproperties.com


Mission Viejo DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$600,000

$639,000

$615,000

$660,000

10.0%

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

$318

$319

$318

$319

0.3%

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

84

81

68

93

10.7%

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

102

58

79

82

-19.6%

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

245

213

267

312

27.3%

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

40

75

50

50

25.0%

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

2.9

2.6

3.9

3.4

15.0%

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

41.6%

27.2%

29.6%

26.3%

-36.9%

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

$551,000

$631,667

$648,833

$627,423

13.9%

*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 JUN

$600

JUL

$660,000

AUG SEP

MEDIAN SALES PRICE

OCT

$319

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$660 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 : June 2014

telesproperties.com


Newport Beach DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,831,250

$1,600,000

$1,849,500

$1,680,000

-8.3%

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

$696

$690

$726

$784

12.6%

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

49

53

32

64

30.6%

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

58

33

67

71

22.4%

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

265

236

323

387

46.0%

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

64

86

62

69

7.8%

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

5.4

4.5

10.1

6

11.8%

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

21.9%

14.0%

20.7%

18.3%

-16.2%

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

$1,526,000

$1,826,083

$1,830,667

$1,809,250

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 JUN

$1.831

JUL

$1,680,000

AUG SEP

MEDIAN SALES PRICE

OCT

$784

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

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

Micro Market Report : June 2014

telesproperties.com


Newport Coast DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$2,872,500

$1,877,500

$2,747,500

$4,280,000

49.0%

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

$757

$712

$828

$744

-1.7%

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

16

10

14

7

-56.2%

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

12

7

16

14

16.7%

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

91

68

89

109

19.8%

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

62

101

51

50

-19.4%

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

5.7

6.8

6.4

15.6

173.8%

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

13.2%

10.3%

18.0%

12.8%

-2.6%

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

$2,566,000

$3,259,458

$3,314,750

$2,938,558

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 JUN

$2.872

JUL

$4,280,000

AUG SEP

MEDIAN SALES PRICE

OCT

$744

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

15.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$4.280 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 : June 2014

telesproperties.com


Newport Heights DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

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

$1,385,000

$1,952,812

$1,590,000

$1,925,000

39.0%

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

$567

$686

$764

$633

11.6%

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

5

8

4

9

80.0%

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

5

7

15

6

20.0%

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

33

26

36

33

0.0%

Days on Market (Pending Sale) ...........................

68

89

56

43

-36.8%

Month’s Supply of Inventory ................................

6.6

3.2

9

3.7

-44.4%

Percent Under Contract ........................................

15.2%

26.9%

41.7%

18.2%

20.0%

Average Median Price for Last 12 Months ........

$1,442,000

$1,891,311

$2,147,122

$1,696,783

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 JUN

$1.385

JUL

$1,925,000

AUG SEP

MEDIAN SALES PRICE

OCT

$633

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Rancho Santa Margarita DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$672,500

$619,000

$612,000

$665,000

-1.1%

Average Price per Square Foot ...........................

$303

$303

$319

$318

5.0%

Properties Sold .......................................................

58

33

41

51

-12.1%

Properties Pending Sale .......................................

45

22

38

45

0.0%

Properties For Sale ................................................

107

101

131

180

68.2%

Days on Market (Pending Sale) ...........................

31

53

45

50

61.3%

Month’s Supply of Inventory ................................

1.8

3.1

3.2

3.5

91.3%

Percent Under Contract ........................................

42.1%

21.8%

29.0%

25.0%

-40.6%

Average Median Price for Last 12 Months ........

$571,000

$652,583

$656,167

$643,440

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 JUN

$672

JUL

$665,000

AUG SEP

MEDIAN SALES PRICE

OCT

$318

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


San Clemente DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$855,000

$850,000

$816,000

$793,750

-7.2%

Average Price per Square Foot ...........................

$372

$389

$371

$383

3.0%

Properties Sold .......................................................

69

51

40

56

-18.8%

Properties Pending Sale .......................................

77

46

80

60

-22.1%

Properties For Sale ................................................

295

234

281

331

12.2%

Days on Market (Pending Sale) ...........................

58

66

58

69

19.0%

Month’s Supply of Inventory ................................

4.3

4.6

7

5.9

38.3%

Percent Under Contract ........................................

26.1%

19.7%

28.5%

18.1%

-30.6%

Average Median Price for Last 12 Months ........

$739,000

$808,083

$821,500

$821,308

11.1%

*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 JUN

$855

JUL

$793,750

AUG SEP

MEDIAN SALES PRICE

OCT

$383

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$793 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 : June 2014

telesproperties.com


San Juan Capistrano DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$875,000

$877,500

$815,000

$700,000

-20.0%

Average Price per Square Foot ...........................

$327

$379

$373

$338

3.4%

Properties Sold .......................................................

27

20

27

31

14.8%

Properties Pending Sale .......................................

28

21

28

35

25.0%

Properties For Sale ................................................

144

130

132

153

6.2%

Days on Market (Pending Sale) ...........................

46

97

87

55

19.6%

Month’s Supply of Inventory ................................

5.3

6.5

4.9

4.9

-7.5%

Percent Under Contract ........................................

19.4%

16.2%

21.2%

22.9%

17.6%

Average Median Price for Last 12 Months ........

$689,000

$901,000

$741,667

$857,131

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 JUN

$875

JUL

$700,000

AUG SEP

MEDIAN SALES PRICE

OCT

$338

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Shady Canyon DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$0

$6,300,000

$5,619,000

$4,050,000

0%

Average Price per Square Foot ...........................

$0

$810

$677

$694

0%

Properties Sold .......................................................

0

1

2

1

0%

Properties Pending Sale .......................................

1

1

2

0

-100.0%

Properties For Sale ................................................

11

8

6

3

-72.7%

Days on Market (Pending Sale) ...........................

310

1

275

0

-100.0%

Month’s Supply of Inventory ................................

0

8

3

3

0%

Percent Under Contract ........................................

9.1%

12.5%

33.3%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$5,083,000

$4,506,333

$3,950,000

$4,823,800

-5.1%

*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 JUN JUL

$4,050,000

AUG SEP

MEDIAN SALES PRICE

OCT

$694

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$4.050 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 : June 2014

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Turtle Ridge DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$2,031,500

$1,925,000

$2,075,000

$1,700,000

-16.3%

Average Price per Square Foot ...........................

$584

$681

$602

$656

12.3%

Properties Sold .......................................................

6

3

4

5

-16.7%

Properties Pending Sale .......................................

7

3

1

1

-85.7%

Properties For Sale ................................................

23

24

28

34

47.8%

Days on Market (Pending Sale) ...........................

40

145

149

109

172.5%

Month’s Supply of Inventory ................................

3.8

8

7

6.8

77.4%

Percent Under Contract ........................................

30.4%

12.5%

3.6%

2.9%

-90.3%

Average Median Price for Last 12 Months ........

$2,016,000

$2,516,833

$2,647,800

$2,453,958

21.7%

*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 JUN

$2.031

JUL

$1,700,000

AUG SEP

MEDIAN SALES PRICE

OCT

$656

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Turtle Rock DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$1,500,000

$2,990,000

$1,390,000

$0

-100.0%

Average Price per Square Foot ...........................

$566

$444

$532

$0

-100.0%

Properties Sold .......................................................

3

1

3

0

-100.0%

Properties Pending Sale .......................................

2

1

1

0

-100.0%

Properties For Sale ................................................

9

6

5

3

-66.7%

Days on Market (Pending Sale) ...........................

45

182

1

0

-100.0%

Month’s Supply of Inventory ................................

3

6

1.7

0

0%

Percent Under Contract ........................................

22.2%

16.7%

20.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$1,165,000

$1,495,444

$0

$1,686,849

44.8%

*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 JUN

$1.500

JUL

No sales

AUG SEP

MEDIAN SALES PRICE

OCT

No sales

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

No sales MONTH’S SUPPLY OF INVENTORY

APR MAY JUN 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 : June 2014

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Westminster DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$510,000

$502,500

$495,000

$529,944

3.9%

Average Price per Square Foot ...........................

$277

$307

$330

$314

13.4%

Properties Sold .......................................................

40

30

31

34

-15.0%

Properties Pending Sale .......................................

37

17

48

41

10.8%

Properties For Sale ................................................

110

78

124

129

17.3%

Days on Market (Pending Sale) ...........................

20

43

42

62

210.0%

Month’s Supply of Inventory ................................

2.8

2.6

4

3.8

38.0%

Percent Under Contract ........................................

33.6%

21.8%

38.7%

31.8%

-5.5%

Average Median Price for Last 12 Months ........

$434,000

$521,241

$531,981

$513,188

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 JUN

$510

JUL

$529,944

AUG SEP

MEDIAN SALES PRICE

OCT

$314

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


West Bay - Santa Ana Heights DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$1,295,500

$1,300,000

$1,800,000

$1,700,000

31.2%

Average Price per Square Foot ...........................

$580

$581

$496

$578

-0.3%

Properties Sold .......................................................

6

13

8

13

116.7%

Properties Pending Sale .......................................

10

5

15

14

40.0%

Properties For Sale ................................................

33

35

59

67

103.0%

Days on Market (Pending Sale) ...........................

51

81

51

51

0.0%

Month’s Supply of Inventory ................................

5.5

2.7

7.4

5.2

-6.3%

Percent Under Contract ........................................

30.3%

14.3%

25.4%

20.9%

-31.0%

Average Median Price for Last 12 Months ........

$1,257,000

$1,551,417

$1,440,000

$1,491,500

18.7%

*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 JUN

$1.295

JUL

$1,700,000

AUG SEP

MEDIAN SALES PRICE

OCT

$578

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.2 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


West Newport - Lido DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$1,474,500

$1,829,650

$3,087,000

$1,437,500

-2.5%

Average Price per Square Foot ...........................

$636

$779

$1,232

$942

48.1%

Properties Sold .......................................................

6

10

6

6

0.0%

Properties Pending Sale .......................................

9

3

4

10

11.1%

Properties For Sale ................................................

57

41

47

58

1.8%

Days on Market (Pending Sale) ...........................

144

87

22

98

-31.9%

Month’s Supply of Inventory ................................

9.5

4.1

7.8

9.7

1.8%

Percent Under Contract ........................................

15.8%

7.3%

8.5%

17.2%

9.2%

Average Median Price for Last 12 Months ........

$1,793,000

$2,156,167

$2,245,000

$2,067,973

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 JUN

$1.474

JUL

$1,437,500

AUG SEP

MEDIAN SALES PRICE

OCT

$942

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.437 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 : June 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 : June 2014

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County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : June 2014

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Carpinteria DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$665,000

$869,000

$901,000

$3,875,000

482.7%

Average Price per Square Foot ...........................

$305

$1,052

$1,297

$1,061

247.9%

Properties Sold .......................................................

5

11

4

7

40.0%

Properties Pending Sale .......................................

8

2

13

9

12.5%

Properties For Sale ................................................

51

31

44

45

-11.8%

Days on Market (Pending Sale) ...........................

72

28

36

99

37.5%

Month’s Supply of Inventory ................................

10.2

2.8

11

6.4

-37.0%

Percent Under Contract ........................................

15.7%

6.5%

29.5%

20.0%

27.5%

Average Median Price for Last 12 Months ........

$971,000

$1,674,163

$1,809,417

$1,318,265

35.8%

*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 JUN

$665

JUL

$3,875,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,061

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$3.875 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 : June 2014

telesproperties.com


Goleta DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$750,000

$735,000

$720,000

$869,000

15.9%

Average Price per Square Foot ...........................

$456

$468

$455

$473

3.7%

Properties Sold .......................................................

11

9

10

5

-54.5%

Properties Pending Sale .......................................

9

6

17

9

0.0%

Properties For Sale ................................................

33

23

31

28

-15.2%

Days on Market (Pending Sale) ...........................

12

56

24

23

91.7%

Month’s Supply of Inventory ................................

3

2.6

3.1

5.6

86.7%

Percent Under Contract ........................................

27.3%

26.1%

54.8%

32.1%

17.9%

Average Median Price for Last 12 Months ........

$695,000

$817,167

$804,667

$785,654

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 JUN

$750

JUL

$869,000

AUG SEP

MEDIAN SALES PRICE

OCT

$473

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$869 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 : June 2014

telesproperties.com


Hope Ranch DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$2,080,000

$2,615,000

$5,130,750

$2,150,000

3.4%

Average Price per Square Foot ...........................

$508

$791

$872

$592

16.5%

Properties Sold .......................................................

2

3

4

4

100.0%

Properties Pending Sale .......................................

3

3

1

5

66.7%

Properties For Sale ................................................

29

37

36

36

24.1%

Days on Market (Pending Sale) ...........................

50

217

29

135

170.0%

Month’s Supply of Inventory ................................

14.5

12.3

9

9

-37.9%

Percent Under Contract ........................................

10.3%

8.1%

2.8%

13.9%

34.3%

Average Median Price for Last 12 Months ........

$2,649,000

$3,455,542

$2,737,500

$2,954,519

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 JUN

$2.080

JUL

$2,150,000

AUG SEP

MEDIAN SALES PRICE

OCT

$592

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Montecito DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$2,545,000

$2,030,000

$2,500,000

$3,620,000

42.2%

Average Price per Square Foot ...........................

$803

$948

$956

$1,028

28.0%

Properties Sold .......................................................

20

18

10

25

25.0%

Properties Pending Sale .......................................

21

18

27

17

-19.0%

Properties For Sale ................................................

195

160

171

177

-9.2%

Days on Market (Pending Sale) ...........................

82

138

97

79

-3.7%

Month’s Supply of Inventory ................................

9.8

8.9

17.1

7.1

-27.4%

Percent Under Contract ........................................

10.8%

11.2%

15.8%

9.6%

-10.8%

Average Median Price for Last 12 Months ........

$2,332,000

$2,610,000

$2,925,000

$2,473,712

6.1%

*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 JUN

$2.545

JUL

$3,620,000

AUG SEP

MEDIAN SALES PRICE

OCT

$1,028

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$3.620 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : June 2014

telesproperties.com


Santa Barbara East of State DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$1,146,100

$1,250,000

$1,360,000

$1,196,000

4.4%

Average Price per Square Foot ...........................

$608

$751

$702

$682

12.2%

Properties Sold .......................................................

33

23

15

26

-21.2%

Properties Pending Sale .......................................

31

16

24

33

6.5%

Properties For Sale ................................................

131

104

104

138

5.3%

Days on Market (Pending Sale) ...........................

34

67

63

48

41.2%

Month’s Supply of Inventory ................................

4

4.5

6.9

5.3

33.7%

Percent Under Contract ........................................

23.7%

15.4%

23.1%

23.9%

1.1%

Average Median Price for Last 12 Months ........

$930,000

$1,241,083

$1,257,000

$1,155,837

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 JUN

$1.146

JUL

$1,196,000

AUG SEP

MEDIAN SALES PRICE

OCT

$682

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.196 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 : June 2014

telesproperties.com


Santa Barbara West of State DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$881,500

$858,000

$950,000

$850,000

-3.6%

Average Price per Square Foot ...........................

$566

$586

$750

$598

5.7%

Properties Sold .......................................................

26

25

15

20

-23.1%

Properties Pending Sale .......................................

27

16

21

23

-14.8%

Properties For Sale ................................................

79

48

63

69

-12.7%

Days on Market (Pending Sale) ...........................

51

40

34

38

-25.5%

Month’s Supply of Inventory ................................

3

1.9

4.2

3.4

13.5%

Percent Under Contract ........................................

34.2%

33.3%

33.3%

33.3%

-2.5%

Average Median Price for Last 12 Months ........

$722,000

$946,250

$922,500

$920,577

27.5%

*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 JUN

$881

JUL

$850,000

AUG SEP

MEDIAN SALES PRICE

OCT

$598

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$850 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 : June 2014

telesproperties.com


Santa Ynez DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$520,000

$600,000

$590,000

$835,000

60.6%

Average Price per Square Foot ...........................

$402

$268

$340

$414

3.0%

Properties Sold .......................................................

13

7

13

13

0.0%

Properties Pending Sale .......................................

12

3

13

12

0.0%

Properties For Sale ................................................

110

104

123

121

10.0%

Days on Market (Pending Sale) ...........................

206

81

61

206

0.0%

Month’s Supply of Inventory ................................

8.5

14.9

9.5

9.3

10.0%

Percent Under Contract ........................................

10.9%

2.9%

10.6%

9.9%

-9.1%

Average Median Price for Last 12 Months ........

$697,000

$730,833

$672,500

$675,000

-3.2%

*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 JUN

$520

JUL

$835,000

AUG SEP

MEDIAN SALES PRICE

OCT

$414

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

9.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$835 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 : June 2014

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Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : June 2014

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County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : June 2014

telesproperties.com


Carmel DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$987,500

$1,302,500

$1,250,000

$1,525,000

54.4%

Average Price per Square Foot ...........................

$798

$727

$813

$733

-8.1%

Properties Sold .......................................................

22

20

20

23

4.5%

Properties Pending Sale .......................................

13

8

27

21

61.5%

Properties For Sale ................................................

162

132

153

147

-9.3%

Days on Market (Pending Sale) ...........................

97

251

122

81

-16.5%

Month’s Supply of Inventory ................................

7.4

6.6

7.6

6.4

-13.2%

Percent Under Contract ........................................

8.0%

6.1%

17.6%

14.3%

78.0%

Average Median Price for Last 12 Months ........

$1,219,000

$1,441,146

$1,330,833

$1,316,510

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 JUN

$987

JUL

$1,525,000

AUG SEP

MEDIAN SALES PRICE

OCT

$733

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.525 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 : June 2014

telesproperties.com


Carmel Valley DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$670,000

$1,165,000

$1,093,750

$745,000

11.2%

Average Price per Square Foot ...........................

$432

$440

$406

$442

2.3%

Properties Sold .......................................................

7

20

10

15

114.3%

Properties Pending Sale .......................................

9

9

24

15

66.7%

Properties For Sale ................................................

107

95

102

102

-4.7%

Days on Market (Pending Sale) ...........................

48

189

93

81

68.8%

Month’s Supply of Inventory ................................

15.3

4.8

10.2

6.8

-55.5%

Percent Under Contract ........................................

8.4%

9.5%

23.5%

14.7%

74.8%

Average Median Price for Last 12 Months ........

$855,000

$1,029,542

$872,000

$1,002,712

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 JUN

$670

JUL

$745,000

AUG SEP

MEDIAN SALES PRICE

OCT

$442

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

6.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

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Pacific Grove DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$675,000

$799,500

$680,202

$730,000

8.1%

Average Price per Square Foot ...........................

$457

$531

$481

$765

67.4%

Properties Sold .......................................................

13

10

12

17

30.8%

Properties Pending Sale .......................................

9

12

15

13

44.4%

Properties For Sale ................................................

67

48

56

58

-13.4%

Days on Market (Pending Sale) ...........................

41

42

51

84

104.9%

Month’s Supply of Inventory ................................

5.2

4.8

4.7

3.4

-33.8%

Percent Under Contract ........................................

13.4%

25.0%

26.8%

22.4%

66.9%

Average Median Price for Last 12 Months ........

$620,000

$725,825

$719,167

$723,546

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 JUN

$675

JUL

$730,000

AUG SEP

MEDIAN SALES PRICE

OCT

$765

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

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Pebble Beach DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$2,025,000

$2,000,000

$1,482,500

$1,282,500

-36.7%

Average Price per Square Foot ...........................

$771

$695

$510

$438

-43.2%

Properties Sold .......................................................

6

7

10

6

0.0%

Properties Pending Sale .......................................

6

7

16

8

33.3%

Properties For Sale ................................................

96

79

83

83

-13.5%

Days on Market (Pending Sale) ...........................

123

109

127

183

48.8%

Month’s Supply of Inventory ................................

16

11.3

8.3

13.8

-13.5%

Percent Under Contract ........................................

6.2%

8.9%

19.3%

9.6%

54.2%

Average Median Price for Last 12 Months ........

$1,330,000

$1,472,000

$1,359,167

$1,476,710

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 $2.025

JUN JUL

$1,282,500

AUG SEP

MEDIAN SALES PRICE

OCT

$438

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

13.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.282 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 : June 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 : June 2014

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : June 2014

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Beverly Center - Miracle Mile DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$515,000

$825,000

$645,000

$490,000

-4.9%

Average Price per Square Foot ...........................

$464

$522

$531

$488

5.2%

Properties Sold .......................................................

3

9

6

10

233.3%

Properties Pending Sale .......................................

10

3

8

5

-50.0%

Properties For Sale ................................................

27

22

28

33

22.2%

Days on Market (Pending Sale) ...........................

59

80

42

50

-15.3%

Month’s Supply of Inventory ................................

9

2.4

4.7

3.3

-63.3%

Percent Under Contract ........................................

37.0%

13.6%

28.6%

15.2%

-59.1%

Average Median Price for Last 12 Months ........

$527,000

$629,167

$621,833

$671,000

27.3%

*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 JUN

$515

JUL

$490,000

AUG SEP

MEDIAN SALES PRICE

OCT

$488

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.3 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$490 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 : June 2014

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Beverly Hills DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$868,000

$912,500

$850,000

$883,000

1.7%

Average Price per Square Foot ...........................

$826

$552

$630

$554

-32.9%

Properties Sold .......................................................

10

8

6

14

40.0%

Properties Pending Sale .......................................

9

4

9

10

11.1%

Properties For Sale ................................................

39

47

55

58

48.7%

Days on Market (Pending Sale) ...........................

69

145

69

83

20.3%

Month’s Supply of Inventory ................................

3.9

5.9

9.2

4.1

6.2%

Percent Under Contract ........................................

23.1%

8.5%

16.4%

17.2%

-25.3%

Average Median Price for Last 12 Months ........

$870,000

$1,073,083

$1,016,833

$977,308

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 JUN

$868

JUL

$883,000

AUG SEP

MEDIAN SALES PRICE

OCT

$554

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$883 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 : June 2014

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Brentwood DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$712,500

$767,500

$841,000

$672,000

-5.7%

Average Price per Square Foot ...........................

$475

$511

$561

$492

3.6%

Properties Sold .......................................................

22

20

14

17

-22.7%

Properties Pending Sale .......................................

24

10

20

16

-33.3%

Properties For Sale ................................................

74

59

83

86

16.2%

Days on Market (Pending Sale) ...........................

42

58

48

32

-23.8%

Month’s Supply of Inventory ................................

3.4

3

5.9

5.1

50.4%

Percent Under Contract ........................................

32.4%

16.9%

24.1%

18.6%

-42.6%

Average Median Price for Last 12 Months ........

$678,000

$759,083

$716,000

$725,038

6.9%

*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 JUN

$712

JUL

$672,000

AUG SEP

MEDIAN SALES PRICE

OCT

$492

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$672 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 : June 2014

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Culver City DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$400,817

$402,500

$479,000

$417,750

4.2%

Average Price per Square Foot ...........................

$355

$389

$399

$414

16.6%

Properties Sold .......................................................

21

8

12

18

-14.3%

Properties Pending Sale .......................................

21

10

17

21

0.0%

Properties For Sale ................................................

36

33

39

55

52.8%

Days on Market (Pending Sale) ...........................

20

35

23

31

55.0%

Month’s Supply of Inventory ................................

1.7

4.1

3.2

3.1

78.2%

Percent Under Contract ........................................

58.3%

30.3%

43.6%

38.2%

-34.5%

Average Median Price for Last 12 Months ........

$335,000

$404,375

$392,583

$407,794

21.7%

*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 JUN

$400

JUL

$417,750

AUG SEP

MEDIAN SALES PRICE

OCT

$414

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$417 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 : June 2014

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Encino DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$236,000

$303,000

$283,000

$262,000

11.0%

Average Price per Square Foot ...........................

$226

$248

$267

$239

5.8%

Properties Sold .......................................................

10

10

14

18

80.0%

Properties Pending Sale .......................................

23

18

16

14

-39.1%

Properties For Sale ................................................

19

31

37

46

142.1%

Days on Market (Pending Sale) ...........................

28

69

71

57

103.6%

Month’s Supply of Inventory ................................

1.9

3.1

2.6

2.6

34.5%

Percent Under Contract ........................................

121.1%

58.1%

43.2%

30.4%

-74.9%

Average Median Price for Last 12 Months ........

$235,538

$304,333

$303,667

$296,231

25.8%

*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 JUN

$236

JUL

$262,000

AUG SEP

MEDIAN SALES PRICE

OCT

$239

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.6 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$262 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 : June 2014

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Malibu DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$840,000

$753,500

$586,000

$785,000

-6.5%

Average Price per Square Foot ...........................

$468

$554

$329

$678

44.9%

Properties Sold .......................................................

3

2

2

2

-33.3%

Properties Pending Sale .......................................

6

5

4

1

-83.3%

Properties For Sale ................................................

23

21

20

16

-30.4%

Days on Market (Pending Sale) ...........................

110

54

177

68

-38.2%

Month’s Supply of Inventory ................................

7.7

10.5

10

8

4.3%

Percent Under Contract ........................................

26.1%

23.8%

20.0%

6.2%

-76.0%

Average Median Price for Last 12 Months ........

$654,000

$797,917

$961,667

$799,182

22.2%

*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 JUN

$840

JUL

$785,000

AUG SEP

MEDIAN SALES PRICE

OCT

$678

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Marina Del Rey DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$732,500

$672,500

$702,500

$792,500

8.2%

Average Price per Square Foot ...........................

$481

$476

$473

$577

20.0%

Properties Sold .......................................................

21

34

20

30

42.9%

Properties Pending Sale .......................................

26

21

24

30

15.4%

Properties For Sale ................................................

135

132

135

133

-1.5%

Days on Market (Pending Sale) ...........................

60

95

57

44

-26.7%

Month’s Supply of Inventory ................................

6.4

3.9

6.8

4.4

-31.0%

Percent Under Contract ........................................

19.3%

15.9%

17.8%

22.6%

17.1%

Average Median Price for Last 12 Months ........

$639,000

$758,233

$791,667

$746,543

16.8%

*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 JUN

$732

JUL

$792,500

AUG SEP

MEDIAN SALES PRICE

OCT

$577

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$792 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 : June 2014

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Santa Monica DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$795,500

$780,000

$757,500

$1,170,000

47.1%

Average Price per Square Foot ...........................

$685

$639

$590

$971

41.8%

Properties Sold .......................................................

30

35

28

56

86.7%

Properties Pending Sale .......................................

37

21

46

51

37.8%

Properties For Sale ................................................

97

89

126

150

54.6%

Days on Market (Pending Sale) ...........................

23

54

43

35

52.2%

Month’s Supply of Inventory ................................

3.2

2.5

4.5

2.7

-17.2%

Percent Under Contract ........................................

38.1%

23.6%

36.5%

34.0%

-10.9%

Average Median Price for Last 12 Months ........

$717,000

$841,550

$940,667

$819,965

14.4%

*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 JUN

$795

JUL

$1,170,000

AUG SEP

MEDIAN SALES PRICE

OCT

$971

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.7 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.170 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 : June 2014

telesproperties.com


Sherman Oaks DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$375,000

$394,000

$401,000

$405,000

8.0%

Average Price per Square Foot ...........................

$276

$305

$325

$315

14.1%

Properties Sold .......................................................

23

18

16

20

-13.0%

Properties Pending Sale .......................................

29

13

22

16

-44.8%

Properties For Sale ................................................

26

22

49

58

123.1%

Days on Market (Pending Sale) ...........................

55

66

79

46

-16.4%

Month’s Supply of Inventory ................................

1.1

1.2

3.1

2.9

156.5%

Percent Under Contract ........................................

111.5%

59.1%

44.9%

27.6%

-75.3%

Average Median Price for Last 12 Months ........

$316,769

$404,167

$397,667

$390,154

23.2%

*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 JUN

$375

JUL

$405,000

AUG SEP

MEDIAN SALES PRICE

OCT

$315

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

2.9 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$405 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 : June 2014

telesproperties.com


Studio City DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$455,000

$507,000

$470,000

$395,000

-13.2%

Average Price per Square Foot ...........................

$356

$383

$363

$353

-0.8%

Properties Sold .......................................................

13

10

8

6

-53.8%

Properties Pending Sale .......................................

11

5

11

20

81.8%

Properties For Sale ................................................

12

22

33

35

191.7%

Days on Market (Pending Sale) ...........................

60

45

61

61

1.7%

Month’s Supply of Inventory ................................

0.9

2.2

4.1

5.8

531.9%

Percent Under Contract ........................................

91.7%

22.7%

33.3%

57.1%

-37.7%

Average Median Price for Last 12 Months ........

$425,154

$469,833

$461,667

$461,231

8.5%

*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 JUN

$455

JUL

$395,000

AUG SEP

MEDIAN SALES PRICE

OCT

$353

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


Venice DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$940,000

$1,185,000

$775,000

$1,136,500

20.9%

Average Price per Square Foot ...........................

$634

$608

$591

$783

23.5%

Properties Sold .......................................................

9

5

3

7

-22.2%

Properties Pending Sale .......................................

4

0

4

2

-50.0%

Properties For Sale ................................................

14

8

10

24

71.4%

Days on Market (Pending Sale) ...........................

40

0

32

228

470.0%

Month’s Supply of Inventory ................................

1.6

1.6

3.3

3.4

120.4%

Percent Under Contract ........................................

28.6%

0.0%

40.0%

8.3%

-70.8%

Average Median Price for Last 12 Months ........

$1,061,000

$1,166,960

$1,293,600

$1,092,358

3.0%

*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 JUN

$940

JUL

$1,136,500

AUG SEP

MEDIAN SALES PRICE

OCT

$783

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

3.4 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$1.136 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 : June 2014

telesproperties.com


West Hollywood DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$508,750

$639,000

$684,000

$630,000

23.8%

Average Price per Square Foot ...........................

$467

$524

$590

$547

17.1%

Properties Sold .......................................................

34

35

30

27

-20.6%

Properties Pending Sale .......................................

37

17

33

36

-2.7%

Properties For Sale ................................................

146

101

116

134

-8.2%

Days on Market (Pending Sale) ...........................

33

46

42

42

27.3%

Month’s Supply of Inventory ................................

4.3

2.9

3.9

5

15.6%

Percent Under Contract ........................................

25.3%

16.8%

28.4%

26.9%

6.0%

Average Median Price for Last 12 Months ........

$484,000

$627,125

$628,333

$599,308

23.8%

*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 JUN

$508

JUL

$630,000

AUG SEP

MEDIAN SALES PRICE

OCT

$547

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

5 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$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 : June 2014

telesproperties.com


West LA DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$650,000

$762,250

$594,000

$694,500

6.8%

Average Price per Square Foot ...........................

$434

$457

$450

$452

4.1%

Properties Sold .......................................................

11

12

13

14

27.3%

Properties Pending Sale .......................................

13

12

17

20

53.8%

Properties For Sale ................................................

51

41

50

58

13.7%

Days on Market (Pending Sale) ...........................

27

42

30

45

66.7%

Month’s Supply of Inventory ................................

4.6

3.4

3.8

4.1

-10.6%

Percent Under Contract ........................................

25.5%

29.3%

34.0%

34.5%

35.3%

Average Median Price for Last 12 Months ........

$593,000

$623,250

$658,500

$651,096

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 JUN

$650

JUL

$694,500

AUG SEP

MEDIAN SALES PRICE

OCT

$452

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

4.1 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$694 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 : June 2014

telesproperties.com


Westwood - Century City DATA*

Jun 2013

6 month

3 month

Jun 2014

% change

Median Price ..........................................................

$635,000

$720,000

$740,000

$729,000

14.8%

Average Price per Square Foot ...........................

$473

$668

$670

$596

26.0%

Properties Sold .......................................................

56

36

49

41

-26.8%

Properties Pending Sale .......................................

49

26

48

54

10.2%

Properties For Sale ................................................

268

245

281

319

19.0%

Days on Market (Pending Sale) ...........................

69

89

87

62

-10.1%

Month’s Supply of Inventory ................................

4.8

6.8

5.7

7.8

62.6%

Percent Under Contract ........................................

18.3%

10.6%

17.1%

16.9%

-7.4%

Average Median Price for Last 12 Months ........

$640,000

$752,344

$761,000

$734,354

14.7%

*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 JUN

$635

JUL

$729,000

AUG SEP

MEDIAN SALES PRICE

OCT

$596

NOV DEC

AVERAGE PRICE PER SQ FT

JAN FEB MAR

7.8 MONTH’S SUPPLY OF INVENTORY

APR MAY JUN

$729 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 : June 2014

telesproperties.com


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