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micro market report luxury real estate market research March 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 : March 2014

telesproperties.com


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

Micro Market Report : March 2014

telesproperties.com


Los Angeles County DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$710,000

$853,500

$871,000

$888,000

25.1%

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

$512

$542

$607

$607

18.6%

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

765

706

705

611

-20.1%

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

834

751

511

828

-0.7%

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

3,132

3,764

2,953

3,444

10.0%

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

54

49

60

52

-3.7%

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

4.1

5.3

4.2

5.6

37.7%

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

26.6%

20.0%

17.3%

24.0%

-9.7%

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

$650,000

$857,542

$865,750

$845,173

23.1%

*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 MAR

$710

APR

$888,000

MAY JUN

MEDIAN SALES PRICE

JUL

$607

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$888 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Bel-Air Holmby Hills DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,247,500

$1,787,500

$1,526,000

$1,990,000

59.5%

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

$525

$847

$742

$767

46.1%

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

12

12

9

14

16.7%

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

15

14

8

13

-13.3%

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

122

139

100

102

-16.4%

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

81

101

124

97

19.8%

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

10.2

11.6

11.1

7.3

-28.3%

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

12.3%

10.1%

8.0%

12.7%

3.7%

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

$1,861,000

$1,997,833

$1,932,500

$1,954,003

4.8%

*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 MAR

$1.247

APR

$1,990,000

MAY JUN

MEDIAN SALES PRICE

JUL

$767

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.990 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 : March 2014

telesproperties.com


Beverly Center - Miracle Mile DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,075,000

$1,129,444

$1,235,000

$1,150,000

7.0%

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

$605

$596

$535

$614

1.5%

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

13

16

13

16

23.1%

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

23

13

11

18

-21.7%

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

66

44

44

65

-1.5%

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

66

36

50

42

-36.4%

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

5.1

2.8

3.4

4.1

-20.0%

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

34.8%

29.5%

25.0%

27.7%

-20.5%

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

$957,000

$1,354,167

$1,283,750

$1,243,573

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 MAR

$1.075

APR

$1,150,000

MAY JUN

MEDIAN SALES PRICE

JUL

$614

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Beverly Hills DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$4,700,000

$4,120,000

$6,219,900

$4,650,000

-1.1%

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

$1,130

$893

$1,202

$1,041

-7.9%

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

13

13

12

11

-15.4%

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

17

8

7

18

5.9%

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

93

111

79

86

-7.5%

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

103

58

83

91

-11.7%

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

7.2

8.5

6.6

7.8

9.3%

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

18.3%

7.2%

8.9%

20.9%

14.5%

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

$4,380,000

$5,410,983

$5,149,500

$4,768,915

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 MAR

$4.700

APR

$4,650,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,041

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$4.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Beverly Hills- Post Office DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$2,192,000

$1,700,000

$2,062,500

$2,650,000

20.9%

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

$637

$751

$909

$945

48.4%

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

15

16

12

11

-26.7%

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

22

16

10

18

-18.2%

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

98

135

110

119

21.4%

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

57

68

81

103

80.7%

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

6.5

8.4

9.2

10.8

65.6%

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

22.4%

11.9%

9.1%

15.1%

-32.6%

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

$1,927,000

$2,184,417

$2,341,667

$2,160,706

10.8%

*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 MAR

$2.192

APR

$2,650,000

MAY JUN

MEDIAN SALES PRICE

JUL

$945

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

10.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Beverlywood DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$699,000

$1,095,000

$1,287,500

$872,500

24.8%

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

$463

$575

$557

$527

13.8%

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

14

12

14

16

14.3%

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

10

15

9

14

40.0%

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

25

51

45

50

100.0%

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

89

52

46

40

-55.1%

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

1.8

4.2

3.2

3.1

75.0%

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

40.0%

29.4%

20.0%

28.0%

-30.0%

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

$790,000

$958,333

$876,167

$893,678

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 MAR

$699

APR

$872,500

MAY JUN

MEDIAN SALES PRICE

JUL

$527

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$872 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Brentwood DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$2,150,000

$2,180,000

$2,402,778

$2,740,000

27.4%

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

$832

$812

$889

$1,033

24.2%

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

15

14

24

7

-53.3%

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

21

13

15

22

4.8%

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

112

108

78

111

-0.9%

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

65

50

56

57

-12.3%

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

7.5

7.7

3.2

15.9

112.4%

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

18.8%

12.0%

19.2%

19.8%

5.7%

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

$1,904,000

$2,667,213

$2,993,333

$2,490,483

23.5%

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

current market snapshot MAR

$2.150

APR

$2,740,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,033

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

15.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.740 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 : March 2014

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,228,000

$1,211,000

$1,429,000

$1,525,900

24.3%

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

$582

$648

$572

$706

21.3%

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

7

9

8

2

-71.4%

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

10

8

3

9

-10.0%

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

21

14

13

20

-4.8%

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

44

41

41

13

-70.5%

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

3

1.6

1.6

10

233.3%

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

47.6%

57.1%

23.1%

45.0%

-5.5%

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

$1,305,000

$1,640,650

$1,775,300

$1,513,646

13.8%

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

current market snapshot MAR

$1.228

APR

$1,525,900

MAY JUN

MEDIAN SALES PRICE

JUL

$706

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

10 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Culver City DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$765,063

$757,250

$900,000

$667,500

-12.8%

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

$415

$551

$538

$544

31.1%

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

10

18

15

6

-40.0%

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

14

12

7

21

50.0%

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

39

45

35

33

-15.4%

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

36

51

42

37

2.8%

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

3.9

2.5

2.3

5.5

41.0%

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

35.9%

26.7%

20.0%

63.6%

77.3%

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

$676,000

$782,625

$725,000

$791,928

14.6%

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

current market snapshot MAR

$765

APR

$667,500

MAY JUN

MEDIAN SALES PRICE

JUL

$544

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$667 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 : March 2014

telesproperties.com


Hancock Park - Wilshire DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$856,750

$1,153,125

$1,150,000

$1,163,000

35.7%

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

$464

$557

$504

$578

24.6%

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

18

22

25

20

11.1%

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

19

30

18

25

31.6%

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

87

113

86

99

13.8%

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

49

41

40

44

-10.2%

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

4.8

5.1

3.4

5

2.4%

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

21.8%

26.5%

20.9%

25.3%

15.6%

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

$1,010,000

$1,411,950

$1,473,067

$1,254,621

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 MAR

$856

APR

$1,163,000

MAY JUN

MEDIAN SALES PRICE

JUL

$578

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.163 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 : March 2014

telesproperties.com


Hollywood DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$585,000

$670,000

$489,500

$580,000

-0.9%

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

$337

$460

$570

$428

27.0%

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

3

3

4

3

0.0%

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

4

6

1

0

-100.0%

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

16

26

10

17

6.2%

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

30

47

22

0

-100.0%

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

5.3

8.7

2.5

5.7

6.3%

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

25.0%

23.1%

10.0%

0.0%

-100.0%

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

$662,000

$884,000

$1,390,000

$717,417

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 MAR

$585

APR

$580,000

MAY JUN

MEDIAN SALES PRICE

JUL

$428

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Hollywood Hills East DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,112,000

$1,095,000

$1,381,000

$1,010,000

-9.2%

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

$467

$498

$572

$544

16.5%

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

9

13

5

7

-22.2%

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

17

14

11

10

-41.2%

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

52

65

46

50

-3.8%

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

72

68

59

41

-43.1%

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

3.1

4.6

4.2

7.1

133.5%

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

32.7%

21.5%

23.9%

20.0%

-38.8%

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

$982,000

$1,260,042

$1,355,667

$1,134,758

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 MAR

$1.112

APR

$1,010,000

MAY JUN

MEDIAN SALES PRICE

JUL

$544

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.010 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 : March 2014

telesproperties.com


Laurel Canyon DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,232,000

$1,358,750

$1,400,000

$1,675,000

36.0%

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

$594

$616

$835

$733

23.4%

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

26

14

19

25

-3.8%

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

27

22

116

30

11.1%

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

116

141

118

138

19.0%

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

74

42

43

48

-35.1%

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

4.3

6.4

1

5.5

28.5%

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

23.3%

15.6%

98.3%

21.7%

-6.6%

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

$1,155,000

$1,342,490

$1,378,814

$1,275,370

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 MAR

$1.232

APR

$1,675,000

MAY JUN

MEDIAN SALES PRICE

JUL

$733

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.675 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Los Feliz DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,017,500

$1,410,000

$1,685,000

$1,050,000

3.2%

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

$535

$538

$575

$598

11.8%

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

26

13

17

17

-34.6%

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

19

8

14

21

10.5%

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

79

45

71

87

10.1%

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

56

18

31

31

-44.6%

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

4.2

5.6

5.1

5.1

23.1%

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

24.1%

17.8%

19.7%

24.1%

0.4%

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

$1,007,000

$1,282,167

$1,057,333

$1,197,267

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 MAR

$1.017

APR

$1,050,000

MAY JUN

MEDIAN SALES PRICE

JUL

$598

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.050 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 : March 2014

telesproperties.com


Malibu DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,280,000

$1,650,000

$3,370,000

$1,870,000

46.1%

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

$597

$699

$625

$765

28.1%

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

21

17

13

9

-57.1%

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

12

20

9

17

41.7%

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

175

223

175

189

8.0%

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

86

166

170

97

12.8%

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

8.3

13.1

13.5

21

152.0%

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

6.9%

9.0%

5.1%

9.0%

31.2%

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

$1,707,000

$2,290,535

$2,062,320

$2,071,093

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 MAR

$1.280

APR

$1,870,000

MAY JUN

MEDIAN SALES PRICE

JUL

$765

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

21 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.870 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 : March 2014

telesproperties.com


Malibu Beach DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$7,997,500

$5,353,750

$4,300,000

$6,332,500

-20.8%

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

$2,492

$2,646

$2,042

$2,329

-6.5%

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

4

2

9

4

0.0%

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

7

3

2

3

-57.1%

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

84

80

60

72

-14.3%

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

87

92

142

154

77.0%

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

21

40

6.7

18

-14.3%

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

8.3%

3.8%

3.3%

4.2%

-50.0%

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

$6,514,000

$6,964,375

$5,903,750

$5,841,952

-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 MAR

$7.997

APR

$6,332,500

MAY JUN

MEDIAN SALES PRICE

JUL

$2,329

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

18 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$6.332 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 : March 2014

telesproperties.com


Marina Del Rey DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,250,000

$976,000

$1,695,000

$1,250,000

0.0%

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

$635

$522

$640

$532

-16.2%

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

3

1

3

4

33.3%

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

5

3

2

8

60.0%

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

20

22

20

26

30.0%

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

97

41

118

51

-47.4%

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

6.7

22

6.7

6.5

-2.5%

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

25.0%

13.6%

10.0%

30.8%

23.1%

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

$1,363,000

$1,639,167

$1,671,667

$1,555,764

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 MAR

$1.250

APR

$1,250,000

MAY JUN

MEDIAN SALES PRICE

JUL

$532

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.250 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Mid Los Angeles DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$390,000

$465,000

$500,000

$471,500

20.9%

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

$257

$322

$343

$318

23.7%

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

21

14

19

20

-4.8%

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

21

19

14

19

-9.5%

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

43

86

57

73

69.8%

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

36

53

91

46

27.8%

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

2

6.1

3

3.6

78.3%

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

48.8%

22.1%

24.6%

26.0%

-46.7%

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

$324,000

$458,844

$461,021

$462,428

29.9%

*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 MAR

$390

APR

$471,500

MAY JUN

MEDIAN SALES PRICE

JUL

$318

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$471 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 : March 2014

telesproperties.com


Mid Wilshire DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$460,000

$525,000

$647,500

$0

-100.0%

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

$209

$348

$273

$0

-100.0%

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

4

3

1

0

-100.0%

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

1

4

0

3

200.0%

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

20

21

10

18

-10.0%

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

13

22

0

16

23.1%

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

5

7

10

0

0%

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

5.0%

19.0%

0.0%

16.7%

233.3%

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

$418,000

$599,750

$545,000

$522,275

20.0%

*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 MAR

$460

APR

No sales

MAY JUN

MEDIAN SALES PRICE

JUL

No sales

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

No sales MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR 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 : March 2014

telesproperties.com


Pacific Palisades DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$2,642,500

$2,380,000

$2,805,000

$2,850,000

7.9%

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

$899

$730

$876

$899

0.0%

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

24

26

22

29

20.8%

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

31

13

9

34

9.7%

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

118

105

89

134

13.6%

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

52

61

68

47

-9.6%

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

4.9

4

4

4.6

-6.0%

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

26.3%

12.4%

10.1%

25.4%

-3.4%

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

$2,122,000

$2,655,717

$2,759,000

$2,415,807

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 MAR

$2.642

APR

$2,850,000

MAY JUN

MEDIAN SALES PRICE

JUL

$899

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.850 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 : March 2014

telesproperties.com


Palms - Mar Vista DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$835,500

$905,000

$1,050,000

$1,312,500

57.1%

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

$569

$537

$606

$651

14.4%

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

25

23

27

22

-12.0%

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

33

25

13

29

-12.1%

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

72

80

49

64

-11.1%

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

39

21

37

26

-33.3%

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

2.9

3.5

1.8

2.9

1.0%

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

45.8%

31.2%

26.5%

45.3%

-1.1%

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

$786,000

$1,059,342

$1,064,167

$971,773

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 MAR

$835

APR

$1,312,500

MAY JUN

MEDIAN SALES PRICE

JUL

$651

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Playa Del Rey DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$750,000

$1,352,000

$1,015,000

$1,250,000

66.7%

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

$498

$497

$578

$498

0.0%

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

2

3

1

4

100.0%

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

7

3

2

4

-42.9%

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

15

17

14

13

-13.3%

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

26

103

35

63

142.3%

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

7.5

5.7

14

3.2

-56.7%

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

46.7%

17.6%

14.3%

30.8%

-34.1%

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

$1,005,000

$1,144,959

$1,172,919

$1,194,750

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 MAR

$750

APR

$1,250,000

MAY JUN

MEDIAN SALES PRICE

JUL

$498

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.250 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Playa Vista DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$0

$1,192,500

$1,460,000

$0

0%

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

$0

$459

$388

$0

0%

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

0

2

1

0

0%

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

0

0

2

1

0%

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

5

6

5

5

0.0%

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

0

0

67

9

0%

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

0

3

5

0

0%

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

0.0%

0.0%

40.0%

20.0%

0%

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

$1,143,000

$1,297,498

$1,134,995

$1,317,749

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 MAR APR

No sales

MAY JUN

MEDIAN SALES PRICE

JUL

No sales

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

No sales MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR 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 : March 2014

telesproperties.com


Santa Monica DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,610,625

$2,187,500

$1,510,000

$2,312,500

43.6%

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

$1,109

$955

$923

$972

-12.4%

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

12

16

21

14

16.7%

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

20

24

11

17

-15.0%

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

77

99

63

74

-3.9%

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

53

34

58

37

-30.2%

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

6.4

6.2

3

5.3

-17.6%

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

26.0%

24.2%

17.5%

23.0%

-11.6%

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

$1,865,000

$1,842,875

$1,898,833

$1,972,990

5.5%

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

current market snapshot MAR

$1.610

APR

$2,312,500

MAY JUN

MEDIAN SALES PRICE

JUL

$972

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.312 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 : March 2014

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,390,270

$1,492,500

$1,656,500

$1,890,500

36.0%

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

$639

$710

$874

$782

22.4%

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

45

28

28

32

-28.9%

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

37

36

21

41

10.8%

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

203

271

224

239

17.7%

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

84

48

60

82

-2.4%

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

4.5

9.7

8

7.5

65.6%

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

18.2%

13.3%

9.4%

17.2%

-5.9%

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

$1,374,000

$1,512,747

$1,565,493

$1,502,846

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 MAR

$1.390

APR

$1,890,500

MAY JUN

MEDIAN SALES PRICE

JUL

$782

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.890 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 : March 2014

telesproperties.com


Venice DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,237,500

$1,405,000

$1,592,500

$1,683,300

36.0%

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

$896

$892

$931

$902

0.7%

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

14

21

26

19

35.7%

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

19

23

18

22

15.8%

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

71

76

42

60

-15.5%

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

27

79

45

65

140.7%

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

5.1

3.6

1.6

3.2

-37.7%

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

26.8%

30.3%

42.9%

36.7%

37.0%

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

$1,172,000

$1,420,133

$1,459,433

$1,408,177

20.2%

*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 MAR

$1.237

APR

$1,683,300

MAY JUN

MEDIAN SALES PRICE

JUL

$902

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.683 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 : March 2014

telesproperties.com


West Hollywood DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,350,000

$1,187,500

$1,261,250

$1,087,500

-19.4%

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

$718

$659

$680

$748

4.2%

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

16

4

8

6

-62.5%

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

19

6

14

12

-36.8%

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

44

53

46

41

-6.8%

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

73

45

51

74

1.4%

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

2.8

13.2

5.8

6.8

148.5%

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

43.2%

11.3%

30.4%

29.3%

-32.2%

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

$1,116,000

$1,142,772

$1,073,461

$1,123,668

0.7%

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

current market snapshot $1.350

MAR APR

$1,087,500

MAY JUN

MEDIAN SALES PRICE

JUL

$748

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.087 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 : March 2014

telesproperties.com


West Los Angeles DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$731,000

$775,650

$835,500

$877,500

20.0%

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

$475

$572

$477

$564

18.7%

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

14

9

8

6

-57.1%

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

6

9

1

6

0.0%

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

18

31

15

25

38.9%

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

53

42

99

19

-64.2%

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

1.3

3.4

1.9

4.2

224.1%

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

33.3%

29.0%

6.7%

24.0%

-28.0%

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

$634,000

$812,542

$823,500

$813,313

28.3%

*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 MAR

$731

APR

$877,500

MAY JUN

MEDIAN SALES PRICE

JUL

$564

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$877 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 : March 2014

telesproperties.com


Westchester DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$710,000

$765,000

$775,000

$905,000

27.5%

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

$407

$495

$465

$476

17.0%

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

23

28

19

17

-26.1%

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

22

21

11

19

-13.6%

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

49

49

21

55

12.2%

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

39

31

34

24

-38.5%

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

2.1

1.8

1.1

3.2

51.9%

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

44.9%

42.9%

52.4%

34.5%

-23.1%

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

$657,000

$842,083

$921,667

$797,308

21.4%

*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 MAR

$710

APR

$905,000

MAY JUN

MEDIAN SALES PRICE

JUL

$476

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$905 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 : March 2014

telesproperties.com


Westwood - Century City DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,250,000

$1,567,500

$1,543,000

$1,850,000

48.0%

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

$707

$680

$687

$756

6.9%

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

9

12

22

10

11.1%

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

20

11

7

14

-30.0%

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

47

58

36

44

-6.4%

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

26

33

31

24

-7.7%

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

5.2

4.8

1.6

4.4

-15.7%

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

42.6%

19.0%

19.4%

31.8%

-25.2%

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

$1,296,000

$1,638,000

$1,803,333

$1,553,158

19.8%

*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 MAR

$1.250

APR

$1,850,000

MAY JUN

MEDIAN SALES PRICE

JUL

$756

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.850 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 : March 2014

telesproperties.com


South Bay Macro Market DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,177,889

$1,053,389

$1,103,556

$985,563

-16.3%

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

$449

$495

$492

$476

6.1%

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

211

191

168

175

-17.1%

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

236

164

112

219

-7.2%

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

574

642

470

601

4.7%

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

42

42

57

54

29.4%

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

2.7

3.4

2.8

3.4

26.2%

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

41.1%

25.5%

23.8%

36.4%

-11.4%

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

$1,207,375

$1,095,270

$1,130,275

$1,343,495

11.3%

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

current market snapshot $1.177

MAR APR

$985,563

MAY JUN

MEDIAN SALES PRICE

JUL

$476

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$985 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Manhattan Beach DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,887,500

$1,730,000

$1,552,000

$1,717,000

-9.0%

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

$635

$718

$801

$788

24.1%

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

30

27

21

25

-16.7%

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

44

22

6

45

2.3%

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

94

77

36

92

-2.1%

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

28

47

39

32

14.3%

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

3.1

2.9

1.7

3.7

17.4%

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

46.8%

28.6%

16.7%

48.9%

4.5%

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

$1,522,000

$1,826,833

$1,944,833

$1,822,654

19.8%

*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 MAR

$1.887

APR

$1,717,000

MAY JUN

MEDIAN SALES PRICE

JUL

$788

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.717 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Palos Verdes Estates DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,970,000

$1,500,000

$1,597,500

$1,737,500

-11.8%

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

$573

$669

$610

$693

20.9%

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

15

17

16

14

-6.7%

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

18

16

11

18

0.0%

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

50

63

46

61

22.0%

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

62

55

62

37

-40.3%

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

3.3

3.7

2.9

4.4

30.7%

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

36.0%

25.4%

23.9%

29.5%

-18.0%

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

$1,563,000

$1,577,000

$1,633,500

$1,606,885

2.8%

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

current market snapshot MAR

$1.970

APR

$1,737,500

MAY JUN

MEDIAN SALES PRICE

JUL

$693

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.737 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Rancho Palos Verdes DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,030,000

$1,150,000

$1,200,000

$1,145,000

11.2%

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

$432

$483

$487

$527

22.0%

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

39

41

23

25

-35.9%

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

34

35

20

35

2.9%

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

102

128

85

104

2.0%

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

61

52

67

84

37.7%

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

2.6

3.1

3.7

4.2

59.1%

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

33.3%

27.3%

23.5%

33.7%

1.0%

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

$968,000

$1,158,000

$1,175,000

$1,138,938

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 MAR

$1.030

APR

$1,145,000

MAY JUN

MEDIAN SALES PRICE

JUL

$527

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.145 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 : March 2014

telesproperties.com


Redondo Beach DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$861,000

$887,500

$873,000

$835,000

-3.0%

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

$528

$588

$523

$506

-4.2%

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

37

22

29

33

-10.8%

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

34

11

18

30

-11.8%

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

79

70

74

67

-15.2%

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

34

48

51

41

20.6%

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

2.1

3.2

2.6

2

-4.9%

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

43.0%

15.7%

24.3%

44.8%

4.0%

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

$752,000

$839,500

$836,000

$848,192

12.8%

*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 MAR

$861

APR

$835,000

MAY JUN

MEDIAN SALES PRICE

JUL

$506

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Rolling Hills DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$2,422,500

$1,480,500

$2,175,000

$0

-100.0%

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

$736

$716

$650

$0

-100.0%

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

2

2

2

0

-100.0%

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

7

0

1

3

-57.1%

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

22

16

14

20

-9.1%

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

87

0

78

159

82.8%

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

11

8

7

0

0%

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

31.8%

0.0%

7.1%

15.0%

-52.9%

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

$2,646,000

$3,233,333

$5,000,000

$2,909,500

10.0%

*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 MAR

$2.422

APR

No sales

MAY JUN

MEDIAN SALES PRICE

JUL

No sales

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

No sales MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR 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 : March 2014

telesproperties.com


Rolling Hills Estates DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,370,000

$1,600,000

$1,387,500

$1,280,000

-6.6%

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

$482

$544

$643

$569

18.0%

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

11

8

2

3

-72.7%

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

11

5

1

7

-36.4%

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

22

22

8

26

18.2%

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

29

49

87

26

-10.3%

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

2

2.8

4

8.7

333.3%

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

50.0%

22.7%

12.5%

26.9%

-46.2%

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

$1,215,000

$1,215,833

$1,125,000

$1,295,865

6.7%

*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 MAR

$1.370

APR

$1,280,000

MAY JUN

MEDIAN SALES PRICE

JUL

$569

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

8.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.280 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 : March 2014

telesproperties.com


San Pedro DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$475,000

$514,000

$532,000

$535,000

12.6%

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

$286

$326

$326

$314

9.8%

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

37

32

26

28

-24.3%

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

32

37

23

32

0.0%

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

98

133

109

113

15.3%

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

54

41

78

74

37.0%

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

2.6

4.2

4.2

4

52.4%

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

32.7%

27.8%

21.1%

28.3%

-13.3%

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

$434,000

$499,500

$506,667

$494,962

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 MAR

$475

APR

$535,000

MAY JUN

MEDIAN SALES PRICE

JUL

$314

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$535 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 : March 2014

telesproperties.com


Torrance DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$585,000

$618,500

$615,000

$635,000

8.5%

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

$367

$408

$387

$411

12.0%

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

40

42

49

47

17.5%

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

56

38

32

49

-12.5%

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

107

133

98

118

10.3%

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

19

47

54

31

63.2%

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

2.7

3.2

2

2.5

-6.1%

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

52.3%

28.6%

32.7%

41.5%

-20.7%

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

$559,000

$637,500

$638,333

$630,962

12.9%

*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 MAR

$585

APR

$635,000

MAY JUN

MEDIAN SALES PRICE

JUL

$411

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


San Fernando Valley Macro Market DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$631,714

$696,143

$715,929

$727,643

15.2%

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

$329

$361

$363

$376

14.2%

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

489

439

426

368

-24.7%

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

528

417

360

471

-10.8%

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

613

1,071

745

899

46.7%

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

71

50

64

58

-17.2%

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

1.3

2.4

1.7

2.4

94.9%

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

86.1%

38.9%

48.3%

52.4%

-39.2%

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

$599,743

$726,738

$745,738

$700,890

16.9%

*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 MAR

$631

APR

$727,643

MAY JUN

MEDIAN SALES PRICE

JUL

$376

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$727 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 : March 2014

telesproperties.com


Burbank DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$568,000

$590,000

$580,000

$635,000

11.8%

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

$346

$402

$372

$418

20.8%

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

62

57

48

51

-17.7%

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

54

56

45

49

-9.3%

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

37

89

58

59

59.5%

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

61

40

44

59

-3.3%

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

0.6

1.6

1.2

1.2

93.9%

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

145.9%

62.9%

77.6%

83.1%

-43.1%

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

$507,846

$622,000

$640,000

$609,769

20.1%

*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 MAR

$568

APR

$635,000

MAY JUN

MEDIAN SALES PRICE

JUL

$418

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Encino DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$850,000

$968,000

$785,000

$928,000

9.2%

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

$354

$386

$406

$384

8.5%

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

41

28

36

31

-24.4%

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

45

36

23

39

-13.3%

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

70

118

78

96

37.1%

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

47

62

65

57

21.3%

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

1.7

4.2

2.2

3.1

81.4%

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

64.3%

30.5%

29.5%

40.6%

-36.8%

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

$778,538

$1,028,667

$1,096,333

$955,769

22.8%

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

current market snapshot MAR

$850

APR

$928,000

MAY JUN

MEDIAN SALES PRICE

JUL

$384

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$928 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 : March 2014

telesproperties.com


Glendale DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$569,000

$728,000

$725,000

$664,000

16.7%

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

$342

$363

$399

$404

18.1%

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

69

54

57

42

-39.1%

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

48

45

49

53

10.4%

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

80

130

76

119

48.8%

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

61

53

53

55

-9.8%

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

1.2

2.4

1.3

2.8

144.4%

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

60.0%

34.6%

64.5%

44.5%

-25.8%

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

$590,769

$700,167

$712,333

$685,846

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 MAR

$569

APR

$664,000

MAY JUN

MEDIAN SALES PRICE

JUL

$404

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$664 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 : March 2014

telesproperties.com


La Crescenta DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$615,000

$550,000

$714,000

$765,000

24.4%

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

$334

$424

$390

$413

23.7%

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

14

20

23

14

0.0%

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

27

22

19

19

-29.6%

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

21

34

17

31

47.6%

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

41

46

50

53

29.3%

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

1.5

1.7

0.7

2.2

47.6%

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

128.6%

64.7%

111.8%

61.3%

-52.3%

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

$563,846

$654,833

$677,667

$658,462

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 MAR

$615

APR

$765,000

MAY JUN

MEDIAN SALES PRICE

JUL

$413

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


North Hollywood DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$356,000

$428,000

$403,000

$455,000

27.8%

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

$240

$296

$289

$319

32.9%

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

37

35

39

36

-2.7%

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

58

25

30

40

-31.0%

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

32

77

68

70

118.8%

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

72

47

33

55

-23.6%

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

0.9

2.2

1.7

1.9

124.8%

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

181.2%

32.5%

44.1%

57.1%

-68.5%

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

$314,769

$412,500

$427,667

$402,385

27.8%

*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 MAR

$356

APR

$455,000

MAY JUN

MEDIAN SALES PRICE

JUL

$319

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$455 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 : March 2014

telesproperties.com


Shadow Hills DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$520,000

$790,000

$628,000

$690,000

32.7%

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

$276

$280

$297

$243

-12.0%

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

5

3

3

3

-40.0%

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

2

3

5

4

100.0%

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

7

18

7

8

14.3%

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

161

37

141

116

-28.0%

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

1.4

6

2.3

2.7

90.5%

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

28.6%

16.7%

71.4%

50.0%

75.0%

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

$594,250

$743,833

$886,667

$712,769

19.9%

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

current market snapshot MAR

$520

APR

$690,000

MAY JUN

MEDIAN SALES PRICE

JUL

$243

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$690 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 : March 2014

telesproperties.com


Sherman Oaks DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$775,000

$820,000

$840,000

$805,000

3.9%

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

$361

$445

$423

$442

22.4%

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

45

48

45

45

0.0%

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

60

52

40

59

-1.7%

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

84

135

93

111

32.1%

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

60

57

62

47

-21.7%

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

1.9

2.8

2.1

2.5

32.1%

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

71.4%

38.5%

43.0%

53.2%

-25.6%

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

$709,538

$863,000

$921,000

$828,769

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 MAR

$775

APR

$805,000

MAY JUN

MEDIAN SALES PRICE

JUL

$442

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$805 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 : March 2014

telesproperties.com


Studio City DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$895,000

$1,095,000

$1,024,000

$1,140,000

27.4%

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

$409

$510

$450

$478

16.9%

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

28

33

28

30

7.1%

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

33

28

23

30

-9.1%

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

54

90

67

66

22.2%

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

101

48

60

72

-28.7%

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

1.9

2.7

2.4

2.2

14.1%

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

61.1%

31.1%

34.3%

45.5%

-25.6%

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

$861,769

$1,081,500

$1,115,667

$1,024,769

18.9%

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

current market snapshot MAR

$895

APR

$1,140,000

MAY JUN

MEDIAN SALES PRICE

JUL

$478

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.140 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 : March 2014

telesproperties.com


Sun Valley DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$305,000

$327,000

$370,000

$433,000

42.0%

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

$243

$294

$289

$265

9.1%

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

19

19

19

12

-36.8%

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

20

16

14

17

-15.0%

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

14

48

29

34

142.9%

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

70

38

44

58

-17.1%

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

0.7

2.5

1.5

2.8

284.5%

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

142.9%

33.3%

48.3%

50.0%

-65.0%

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

$284,923

$388,000

$391,000

$359,923

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 MAR

$305

APR

$433,000

MAY JUN

MEDIAN SALES PRICE

JUL

$265

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$433 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 : March 2014

telesproperties.com


Sunland/Tujunga DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$360,000

$385,000

$410,000

$395,000

9.7%

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

$258

$274

$273

$329

27.5%

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

45

32

39

21

-53.3%

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

52

33

35

36

-30.8%

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

46

56

51

58

26.1%

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

54

46

57

59

9.3%

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

1

1.8

1.3

2.8

170.2%

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

113.0%

58.9%

68.6%

62.1%

-45.1%

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

$351,923

$424,667

$422,333

$406,692

15.6%

*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 MAR

$360

APR

$395,000

MAY JUN

MEDIAN SALES PRICE

JUL

$329

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Tarzana DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$818,000

$795,000

$783,000

$810,000

-1.0%

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

$314

$332

$323

$387

23.2%

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

28

29

16

21

-25.0%

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

28

21

19

34

21.4%

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

50

66

54

68

36.0%

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

80

43

85

56

-30.0%

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

1.8

2.3

3.4

3.2

81.3%

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

56.0%

31.8%

35.2%

50.0%

-10.7%

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

$663,000

$770,667

$782,667

$791,231

19.3%

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

current market snapshot MAR

$818

APR

$810,000

MAY JUN

MEDIAN SALES PRICE

JUL

$387

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$810 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Toluca Lake DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$950,000

$850,000

$1,400,000

$1,013,000

6.6%

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

$512

$333

$441

$425

-17.0%

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

11

5

7

4

-63.6%

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

10

10

4

7

-30.0%

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

15

21

12

11

-26.7%

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

48

66

73

20

-58.3%

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

1.4

4.2

1.7

2.8

101.7%

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

66.7%

47.6%

33.3%

63.6%

-4.5%

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

$1,007,308

$1,053,333

$967,000

$995,077

-1.2%

*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 MAR

$950

APR

$1,013,000

MAY JUN

MEDIAN SALES PRICE

JUL

$425

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.013 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 : March 2014

telesproperties.com


Valley Village DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$675,000

$770,000

$725,000

$819,000

21.3%

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

$341

$396

$422

$414

21.4%

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

15

11

9

12

-20.0%

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

8

13

12

12

50.0%

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

19

26

20

23

21.1%

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

70

49

55

56

-20.0%

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

1.3

2.4

2.2

1.9

51.3%

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

42.1%

50.0%

60.0%

52.2%

23.9%

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

$630,923

$778,833

$743,333

$734,077

16.3%

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

current market snapshot MAR

$675

APR

$819,000

MAY JUN

MEDIAN SALES PRICE

JUL

$414

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$819 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 : March 2014

telesproperties.com


Woodland Hills DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$588,000

$650,000

$636,000

$635,000

8.0%

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

$279

$315

$308

$342

22.6%

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

70

65

57

46

-34.3%

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

83

57

42

72

-13.3%

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

84

163

115

145

72.6%

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

62

62

69

55

-11.3%

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

1.2

2.5

2

3.2

162.7%

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

98.8%

35.0%

36.5%

49.7%

-49.7%

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

$537,000

$652,333

$656,667

$646,923

20.5%

*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 MAR

$588

APR

$635,000

MAY JUN

MEDIAN SALES PRICE

JUL

$342

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


San Gabriel Valley Macro Market DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$765,091

$916,364

$881,000

$1,033,545

35.1%

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

$421

$455

$480

$496

17.8%

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

293

266

263

257

-12.3%

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

359

312

235

275

-23.4%

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

427

663

421

509

19.2%

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

50

46

51

54

7.8%

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

1.5

2.5

1.6

2

35.9%

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

84.1%

47.1%

55.8%

54.0%

-35.7%

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

$743,063

$908,515

$960,333

$887,958

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 MAR

$765

APR

$1,033,545

MAY JUN

MEDIAN SALES PRICE

JUL

$496

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.033 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 : March 2014

telesproperties.com


Altadena DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$545,000

$660,000

$588,000

$550,000

0.9%

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

$350

$381

$385

$358

2.3%

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

44

42

37

33

-25.0%

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

47

41

30

41

-12.8%

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

37

61

43

43

16.2%

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

44

40

52

51

15.9%

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

0.8

1.5

1.2

1.3

55.0%

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

127.0%

67.2%

69.8%

95.3%

-24.9%

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

$475,154

$546,333

$532,333

$575,923

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 MAR

$545

APR

$550,000

MAY JUN

MEDIAN SALES PRICE

JUL

$358

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Arcadia DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,250,000

$1,350,000

$1,350,000

$1,388,000

11.0%

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

$468

$572

$572

$597

27.6%

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

36

35

36

45

25.0%

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

45

40

34

36

-20.0%

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

54

122

70

91

68.5%

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

50

54

46

48

-4.0%

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

1.5

3.5

1.9

2

34.8%

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

83.3%

32.8%

48.6%

39.6%

-52.5%

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

$993,000

$1,428,833

$1,582,667

$1,321,231

33.1%

*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 MAR

$1.250

APR

$1,388,000

MAY JUN

MEDIAN SALES PRICE

JUL

$597

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.388 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 : March 2014

telesproperties.com


Duarte DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$334,000

$372,000

$360,000

$540,000

61.7%

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

$273

$300

$344

$279

2.2%

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

14

7

9

11

-21.4%

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

21

12

12

11

-47.6%

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

15

21

21

18

20.0%

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

46

56

75

58

26.1%

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

1.1

3

2.3

1.6

52.7%

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

140.0%

57.1%

57.1%

61.1%

-56.3%

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

$318,846

$403,167

$417,667

$392,615

23.1%

*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 MAR

$334

APR

$540,000

MAY JUN

MEDIAN SALES PRICE

JUL

$279

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$540 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 : March 2014

telesproperties.com


Eagle Rock DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$410,000

$572,000

$579,000

$745,000

81.7%

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

$360

$310

$452

$388

7.8%

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

7

2

8

3

-57.1%

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

16

6

3

3

-81.2%

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

16

12

10

15

-6.2%

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

53

37

52

44

-17.0%

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

2.3

6

1.2

5

118.8%

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

100.0%

50.0%

30.0%

20.0%

-80.0%

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

$481,077

$603,167

$635,000

$574,462

19.4%

*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 MAR

$410

APR

$745,000

MAY JUN

MEDIAN SALES PRICE

JUL

$388

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


La Canada Flintridge DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,254,000

$1,230,000

$1,255,000

$1,560,000

24.4%

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

$482

$505

$497

$573

18.9%

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

26

20

18

20

-23.1%

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

25

23

21

20

-20.0%

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

41

54

31

36

-12.2%

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

46

54

57

79

71.7%

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

1.6

2.7

1.7

1.8

14.1%

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

61.0%

42.6%

67.7%

55.6%

-8.9%

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

$1,135,692

$1,291,333

$1,411,000

$1,284,692

13.1%

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

current market snapshot MAR

$1.254

APR

$1,560,000

MAY JUN

MEDIAN SALES PRICE

JUL

$573

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.560 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 : March 2014

telesproperties.com


Monrovia DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$478,000

$525,000

$558,000

$562,000

17.6%

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

$335

$393

$389

$435

29.9%

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

28

19

21

18

-35.7%

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

35

31

18

25

-28.6%

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

47

62

42

61

29.8%

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

36

62

62

55

52.8%

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

1.7

3.3

2

3.4

101.9%

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

74.5%

50.0%

42.9%

41.0%

-45.0%

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

$488,077

$536,667

$523,333

$532,385

9.1%

*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 MAR

$478

APR

$562,000

MAY JUN

MEDIAN SALES PRICE

JUL

$435

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$562 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 : March 2014

telesproperties.com


Pasadena DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$610,000

$722,000

$745,000

$740,000

21.3%

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

$397

$441

$476

$496

24.9%

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

83

83

77

75

-9.6%

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

109

98

73

96

-11.9%

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

123

190

123

145

17.9%

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

60

50

45

60

0.0%

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

1.5

2.3

1.6

1.9

30.5%

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

88.6%

51.6%

59.3%

66.2%

-25.3%

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

$598,538

$682,833

$656,667

$688,846

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 MAR

$610

APR

$740,000

MAY JUN

MEDIAN SALES PRICE

JUL

$496

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$740 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 : March 2014

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San Gabriel DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$508,000

$685,000

$637,000

$705,000

38.8%

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

$408

$388

$388

$400

-2.0%

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

24

28

28

24

0.0%

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

28

24

19

22

-21.4%

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

50

73

44

53

6.0%

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

53

46

51

51

-3.8%

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

2.1

2.6

1.6

2.2

6.0%

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

56.0%

32.9%

43.2%

41.5%

-25.9%

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

$529,923

$640,167

$653,667

$624,308

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 MAR

$508

APR

$705,000

MAY JUN

MEDIAN SALES PRICE

JUL

$400

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$705 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 : March 2014

telesproperties.com


San Marino DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,428,000

$2,174,000

$2,070,000

$2,579,000

80.6%

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

$725

$797

$751

$838

15.6%

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

7

14

14

11

57.1%

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

10

16

11

10

0.0%

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

13

21

9

11

-15.4%

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

47

47

38

42

-10.6%

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

1.9

1.5

0.6

1

-46.2%

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

76.9%

76.2%

122.2%

90.9%

18.2%

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

$1,585,077

$2,060,667

$2,306,333

$1,952,769

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 MAR

$1.428

APR

$2,579,000

MAY JUN

MEDIAN SALES PRICE

JUL

$838

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.579 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 : March 2014

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Sierra Madre DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$721,000

$906,000

$725,000

$960,000

33.1%

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

$404

$421

$436

$479

18.6%

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

14

6

7

9

-35.7%

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

9

9

7

3

-66.7%

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

21

32

17

17

-19.0%

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

79

28

63

60

-24.1%

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

1.5

5.3

2.4

1.9

25.9%

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

42.9%

28.1%

41.2%

17.6%

-58.8%

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

$653,846

$876,167

$929,000

$866,231

32.5%

*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 MAR

$721

APR

$960,000

MAY JUN

MEDIAN SALES PRICE

JUL

$479

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$960 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


South Pasadena DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$878,000

$884,000

$824,000

$1,040,000

18.5%

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

$432

$501

$585

$615

42.4%

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

10

10

8

8

-20.0%

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

14

12

7

8

-42.9%

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

10

15

11

19

90.0%

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

39

31

24

48

23.1%

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

1

1.5

1.4

2.4

137.5%

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

140.0%

80.0%

63.6%

42.1%

-69.9%

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

$914,154

$924,333

$916,000

$954,077

4.4%

*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 MAR

$878

APR

$1,040,000

MAY JUN

MEDIAN SALES PRICE

JUL

$615

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.040 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 : March 2014

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Orange County

Orange County Macro

Laguna Beach

San Juan Capistrano

Balboa Peninsula

Laguna Hills

Shady Canyon

Corona del Mar - Spyglass

Laguna Niguel

Turtle Ridge

Coto de Caza

Laguna Woods

Turtle Rock

Crystal Cove

Long Beach

West Bay - Santa Ana Heights

Dana Point

Lower Newport Bay - Balboa Island

West Newport - Lido

East Bluff - Harbor View

Mission Viejo

Westminster

East Costa Mesa

Newport Beach

Fountain Valley

Newport Coast

Huntington Beach

Newport Heights

Irvine

Rancho Santa Margarita

Ladera Ranch

San Clemente

Micro Market Report : March 2014

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : March 2014

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Orange County DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$590,000

$644,250

$665,000

$650,000

10.2%

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

$352

$392

$383

$390

10.8%

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

1709

1520

1449

1391

-18.6%

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

2015

1486

1064

1821

-9.6%

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

4,951

6,622

5,199

6,354

28.3%

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

63

55

63

50

-20.6%

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

2.9

4.4

3.6

4.6

57.7%

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

40.7%

22.4%

20.5%

28.7%

-29.6%

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

$534,000

$651,283

$651,667

$641,381

20.1%

*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 MAR

$590

APR

$650,000

MAY JUN

MEDIAN SALES PRICE

JUL

$390

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Balboa Peninsula DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,625,000

$2,645,000

$1,825,000

$2,065,000

27.1%

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

$741

$994

$745

$736

-0.7%

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

3

6

3

3

0.0%

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

14

6

5

5

-64.3%

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

52

50

40

38

-26.9%

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

152

234

64

130

-14.5%

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

17.3

8.3

13.3

12.7

-26.9%

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

26.9%

12.0%

12.5%

13.2%

-51.1%

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

$1,904,000

$2,980,250

$2,973,000

$2,609,731

37.1%

*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 MAR

$1.625

APR

$2,065,000

MAY JUN

MEDIAN SALES PRICE

JUL

$736

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

12.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.065 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 : March 2014

telesproperties.com


Corona del Mar - Spyglass DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$2,475,000

$2,500,000

$3,659,000

$2,835,000

14.5%

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

$823

$993

$953

$1,008

22.5%

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

16

13

16

9

-43.8%

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

13

11

6

14

7.7%

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

61

74

50

57

-6.6%

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

108

76

178

58

-46.3%

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

3.8

5.7

3.1

6.3

66.1%

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

21.3%

14.9%

12.0%

24.6%

15.2%

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

$1,794,000

$2,584,208

$2,552,917

$2,464,962

37.4%

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

current market snapshot MAR

$2.475

APR

$2,835,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,008

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.835 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 : March 2014

telesproperties.com


Coto de Caza DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$931,250

$987,000

$1,035,000

$1,121,000

20.4%

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

$288

$321

$321

$321

11.5%

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

30

16

20

18

-40.0%

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

30

16

12

22

-26.7%

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

96

130

101

121

26.0%

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

73

140

84

48

-34.2%

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

3.2

8.1

5

6.7

110.1%

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

31.2%

12.3%

11.9%

18.2%

-41.8%

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

$904,000

$1,123,083

$1,077,000

$1,065,804

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 MAR

$931

APR

$1,121,000

MAY JUN

MEDIAN SALES PRICE

JUL

$321

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.121 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 : March 2014

telesproperties.com


Crystal Cove DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$3,975,000

$5,787,500

$3,500,000

$3,880,000

-2.4%

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

$1,026

$1,072

$992

$1,125

9.6%

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

3

2

1

3

0.0%

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

4

3

2

4

0.0%

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

24

23

17

21

-12.5%

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

113

118

120

104

-8.0%

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

8

11.5

17

7

-12.5%

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

16.7%

13.0%

11.8%

19.0%

14.3%

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

$3,998,000

$4,345,500

$4,433,000

$4,521,962

13.1%

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

current market snapshot MAR

$3.975

APR

$3,880,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,125

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$3.880 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Dana Point DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$729,500

$1,060,000

$885,000

$909,950

24.7%

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

$544

$566

$511

$566

4.0%

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

39

34

34

20

-48.7%

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

30

30

23

29

-3.3%

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

139

200

153

158

13.7%

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

80

78

62

38

-52.5%

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

3.6

5.9

4.5

7.9

121.7%

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

21.6%

15.0%

15.0%

18.4%

-15.0%

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

$755,000

$885,325

$866,483

$895,573

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 MAR

$729

APR

$909,950

MAY JUN

MEDIAN SALES PRICE

JUL

$566

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$909 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 : March 2014

telesproperties.com


East Bluff - Harbor View DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,355,000

$1,737,500

$1,617,500

$1,725,000

27.3%

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

$585

$650

$648

$627

7.2%

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

26

16

14

10

-61.5%

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

33

18

9

22

-33.3%

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

84

77

56

94

11.9%

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

75

50

80

65

-13.3%

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

3.2

4.8

4

9.4

191.0%

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

39.3%

23.4%

16.1%

23.4%

-40.4%

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

$1,338,000

$1,665,125

$1,673,000

$1,704,208

27.4%

*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 MAR

$1.355

APR

$1,725,000

MAY JUN

MEDIAN SALES PRICE

JUL

$627

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


East Costa Mesa DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$724,950

$858,750

$900,000

$925,000

27.6%

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

$443

$494

$530

$545

23.0%

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

22

10

12

14

-36.4%

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

16

17

12

19

18.8%

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

38

62

46

73

92.1%

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

48

62

71

42

-12.5%

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

1.7

6.2

3.8

5.2

201.9%

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

42.1%

27.4%

26.1%

26.0%

-38.2%

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

$702,000

$853,433

$835,667

$848,562

20.9%

*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 MAR

$724

APR

$925,000

MAY JUN

MEDIAN SALES PRICE

JUL

$545

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Fountain Valley DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$588,750

$623,000

$655,000

$654,000

11.1%

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

$290

$336

$322

$360

24.1%

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

22

17

14

26

18.2%

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

31

22

22

31

0.0%

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

59

74

64

69

16.9%

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

41

37

49

36

-12.2%

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

2.7

4.4

4.6

2.7

-1.0%

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

52.5%

29.7%

34.4%

44.9%

-14.5%

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

$568,000

$658,083

$650,333

$648,019

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 MAR

$588

APR

$654,000

MAY JUN

MEDIAN SALES PRICE

JUL

$360

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Huntington Beach DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$690,000

$749,000

$750,000

$750,000

8.7%

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

$388

$398

$426

$416

7.2%

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

92

113

100

95

3.3%

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

125

123

57

130

4.0%

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

307

402

298

407

32.6%

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

47

51

58

66

40.4%

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

3.3

3.6

3

4.3

28.4%

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

40.7%

30.6%

19.1%

31.9%

-21.6%

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

$631,000

$733,750

$735,833

$716,192

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 MAR

$690

APR

$750,000

MAY JUN

MEDIAN SALES PRICE

JUL

$416

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Irvine DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$835,000

$907,000

$893,192

$922,500

10.5%

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

$412

$432

$451

$460

11.7%

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

113

96

75

80

-29.2%

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

119

88

53

99

-16.8%

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

241

370

275

359

49.0%

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

47

50

61

42

-10.6%

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

2.1

3.9

3.7

4.5

110.4%

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

49.4%

23.8%

19.3%

27.6%

-44.2%

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

$773,000

$891,532

$903,667

$888,284

14.9%

*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 MAR

$835

APR

$922,500

MAY JUN

MEDIAN SALES PRICE

JUL

$460

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Ladera Ranch DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$867,725

$817,500

$810,000

$870,153

0.3%

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

$281

$310

$316

$304

8.2%

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

26

30

27

27

3.8%

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

27

20

19

23

-14.8%

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

81

128

89

114

40.7%

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

36

55

45

30

-16.7%

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

3.1

4.3

3.3

4.2

35.5%

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

33.3%

15.6%

21.3%

20.2%

-39.5%

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

$709,000

$871,276

$881,718

$851,082

20.0%

*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 MAR

$867

APR

$870,153

MAY JUN

MEDIAN SALES PRICE

JUL

$304

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$870 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 : March 2014

telesproperties.com


Laguna Beach DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,375,000

$1,577,500

$1,470,000

$2,272,500

65.3%

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

$801

$834

$759

$888

10.9%

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

31

32

31

24

-22.6%

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

38

31

11

40

5.3%

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

219

266

208

254

16.0%

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

89

109

102

102

14.6%

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

7.1

8.3

6.7

10.6

49.8%

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

17.4%

11.7%

5.3%

15.7%

-9.2%

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

$1,411,000

$1,933,750

$2,180,833

$1,769,881

25.4%

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

current market snapshot MAR

$1.375

APR

$2,272,500

MAY JUN

MEDIAN SALES PRICE

JUL

$888

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

10.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.272 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 : March 2014

telesproperties.com


Laguna Niguel DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$734,500

$760,000

$820,000

$789,000

7.4%

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

$326

$390

$370

$431

32.2%

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

46

54

47

51

10.9%

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

67

48

31

69

3.0%

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

190

212

178

271

42.6%

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

62

48

77

40

-35.5%

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

4.1

3.9

3.8

5.3

28.6%

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

35.3%

22.6%

17.4%

25.5%

-27.8%

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

$653,000

$797,400

$785,500

$783,315

20.0%

*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 MAR

$734

APR

$789,000

MAY JUN

MEDIAN SALES PRICE

JUL

$431

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$789 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 : March 2014

telesproperties.com


Laguna Hills DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$665,000

$610,000

$700,000

$675,000

1.5%

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

$326

$336

$321

$334

2.5%

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

15

21

20

19

26.7%

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

33

16

10

25

-24.2%

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

73

91

61

95

30.1%

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

38

40

51

67

76.3%

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

4.9

4.3

3

5

2.7%

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

45.2%

17.6%

16.4%

26.3%

-41.8%

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

$622,000

$712,083

$697,500

$704,077

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 MAR

$665

APR

$675,000

MAY JUN

MEDIAN SALES PRICE

JUL

$334

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$675 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Laguna Woods DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$539,000

$587,000

$0

$772,000

43.2%

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

$405

$402

$0

$432

6.7%

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

1

2

0

1

0.0%

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

0

1

2

0

0%

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

2

1

2

0

-100.0%

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

0

59

76

0

0%

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

2

0.5

0

0

-100.0%

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

0.0%

100.0%

100.0%

0%

0%

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

$621,000

$650,500

$627,500

$621,250

0.0%

*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 MAR

$539

APR

$772,000

MAY JUN

MEDIAN SALES PRICE

JUL

$432

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

No sales MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$772 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 : March 2014

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$2,105,000

$3,912,500

$2,024,750

$4,600,000

118.5%

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

$832

$1,179

$944

$1,704

104.8%

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

6

8

4

1

-83.3%

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

7

2

4

6

-14.3%

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

34

35

38

49

44.1%

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

128

2

122

64

-50.0%

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

5.7

4.4

9.5

49

764.7%

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

20.6%

5.7%

10.5%

12.2%

-40.5%

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

$2,304,000

$2,875,375

$3,387,500

$2,724,981

18.3%

*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 MAR

$2.105

APR

$4,600,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,704

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

49 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$4.600 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 : March 2014

telesproperties.com


Mission Viejo DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$575,000

$597,000

$639,000

$615,000

7.0%

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

$294

$309

$319

$318

8.2%

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

94

82

81

68

-27.7%

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

89

81

58

79

-11.2%

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

186

286

213

267

43.5%

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

42

48

75

50

19.0%

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

2

3.5

2.6

3.9

98.4%

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

47.8%

28.3%

27.2%

29.6%

-38.2%

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

$521,000

$628,333

$614,500

$615,577

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 MAR

$575

APR

$615,000

MAY JUN

MEDIAN SALES PRICE

JUL

$318

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Newport Beach DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,542,500

$1,912,500

$1,600,000

$1,849,500

19.9%

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

$619

$808

$690

$726

17.3%

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

56

46

53

32

-42.9%

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

84

47

33

67

-20.2%

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

272

306

236

323

18.8%

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

91

79

86

62

-31.9%

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

4.9

6.7

4.5

10.1

107.8%

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

30.9%

15.4%

14.0%

20.7%

-32.8%

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

$1,441,000

$1,818,250

$1,821,500

$1,750,712

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 MAR

$1.542

APR

$1,849,500

MAY JUN

MEDIAN SALES PRICE

JUL

$726

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

10.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.849 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 : March 2014

telesproperties.com


Newport Coast DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$3,797,500

$3,102,500

$1,877,500

$2,747,500

-27.6%

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

$767

$801

$712

$828

8.0%

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

18

18

10

14

-22.2%

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

29

11

7

16

-44.8%

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

93

91

68

89

-4.3%

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

113

59

101

51

-54.9%

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

5.2

5.1

6.8

6.4

23.0%

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

31.2%

12.1%

10.3%

18.0%

-42.3%

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

$2,381,000

$2,800,000

$3,204,167

$2,901,692

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 $3.797

MAR APR

$2,747,500

MAY JUN

MEDIAN SALES PRICE

JUL

$828

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.747 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 : March 2014

telesproperties.com


Newport Heights DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

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

$1,540,000

$1,650,000

$1,952,812

$1,590,000

3.2%

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

$605

$634

$686

$764

26.3%

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

5

5

8

4

-20.0%

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

8

4

7

15

87.5%

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

27

35

26

36

33.3%

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

106

97

89

56

-47.2%

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

5.4

7

3.2

9

66.7%

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

29.6%

11.4%

26.9%

41.7%

40.6%

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

$1,313,000

$1,642,802

$1,635,500

$1,565,524

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 MAR

$1.540

APR

$1,590,000

MAY JUN

MEDIAN SALES PRICE

JUL

$764

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.590 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Rancho Santa Margarita DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$620,000

$650,000

$619,000

$612,000

-1.3%

Average Price per Square Foot ...........................

$268

$306

$303

$319

19.0%

Properties Sold .......................................................

50

35

33

41

-18.0%

Properties Pending Sale .......................................

52

37

22

38

-26.9%

Properties For Sale ................................................

85

147

101

131

54.1%

Days on Market (Pending Sale) ...........................

35

53

53

45

28.6%

Month’s Supply of Inventory ................................

1.7

4.2

3.1

3.2

87.9%

Percent Under Contract ........................................

61.2%

25.2%

21.8%

29.0%

-52.6%

Average Median Price for Last 12 Months ........

$538,000

$637,667

$649,000

$633,287

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 MAR

$620

APR

$612,000

MAY JUN

MEDIAN SALES PRICE

JUL

$319

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


San Clemente DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$755,000

$837,500

$850,000

$816,000

8.1%

Average Price per Square Foot ...........................

$316

$357

$389

$371

17.4%

Properties Sold .......................................................

69

56

51

40

-42.0%

Properties Pending Sale .......................................

77

44

46

80

3.9%

Properties For Sale ................................................

228

303

234

281

23.2%

Days on Market (Pending Sale) ...........................

63

76

66

58

-7.9%

Month’s Supply of Inventory ................................

3.3

5.4

4.6

7

112.6%

Percent Under Contract ........................................

33.8%

14.5%

19.7%

28.5%

-15.7%

Average Median Price for Last 12 Months ........

$710,000

$805,833

$794,667

$813,846

14.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAR

$755

APR

$816,000

MAY JUN

MEDIAN SALES PRICE

JUL

$371

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$816 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 : March 2014

telesproperties.com


San Juan Capistrano DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$805,000

$925,000

$877,500

$815,000

1.2%

Average Price per Square Foot ...........................

$332

$315

$379

$373

12.3%

Properties Sold .......................................................

20

24

20

27

35.0%

Properties Pending Sale .......................................

30

22

21

28

-6.7%

Properties For Sale ................................................

113

153

130

132

16.8%

Days on Market (Pending Sale) ...........................

87

94

97

87

0.0%

Month’s Supply of Inventory ................................

5.6

6.4

6.5

4.9

-13.5%

Percent Under Contract ........................................

26.5%

14.4%

16.2%

21.2%

-20.1%

Average Median Price for Last 12 Months ........

$613,000

$907,667

$1,060,333

$863,669

40.9%

*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 MAR

$805

APR

$815,000

MAY JUN

MEDIAN SALES PRICE

JUL

$373

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$815 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 : March 2014

telesproperties.com


Shady Canyon DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$4,475,000

$0

$6,300,000

$5,619,000

25.6%

Average Price per Square Foot ...........................

$726

$0

$810

$677

-6.7%

Properties Sold .......................................................

2

0

1

2

0.0%

Properties Pending Sale .......................................

1

0

1

2

100.0%

Properties For Sale ................................................

12

9

8

6

-50.0%

Days on Market (Pending Sale) ...........................

185

0

1

275

48.6%

Month’s Supply of Inventory ................................

6

0

8

3

-50.0%

Percent Under Contract ........................................

8.3%

0.0%

12.5%

33.3%

300.0%

Average Median Price for Last 12 Months ........

$4,598,000

$5,959,500

$5,619,000

$5,621,917

22.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAR

$4.475

APR

$5,619,000

MAY JUN

MEDIAN SALES PRICE

JUL

$677

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$5.619 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 : March 2014

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Turtle Ridge DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$1,582,500

$0

$1,925,000

$2,075,000

31.1%

Average Price per Square Foot ...........................

$555

$0

$681

$602

8.5%

Properties Sold .......................................................

4

0

3

4

0.0%

Properties Pending Sale .......................................

6

2

3

1

-83.3%

Properties For Sale ................................................

17

26

24

28

64.7%

Days on Market (Pending Sale) ...........................

65

88

145

149

129.2%

Month’s Supply of Inventory ................................

4.2

0

8

7

64.7%

Percent Under Contract ........................................

35.3%

7.7%

12.5%

3.6%

-89.9%

Average Median Price for Last 12 Months ........

$1,980,000

$2,417,516

$2,385,865

$2,238,883

13.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAR

$1.582

APR

$2,075,000

MAY JUN

MEDIAN SALES PRICE

JUL

$602

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.075 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 : March 2014

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Turtle Rock DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$960,000

$1,069,700

$2,990,000

$1,390,000

44.8%

Average Price per Square Foot ...........................

$449

$491

$444

$532

18.5%

Properties Sold .......................................................

3

5

1

3

0.0%

Properties Pending Sale .......................................

2

0

1

1

-50.0%

Properties For Sale ................................................

7

6

5

4

-42.9%

Days on Market (Pending Sale) ...........................

68

0

182

1

-98.5%

Month’s Supply of Inventory ................................

2.3

1.2

5

1.3

-42.9%

Percent Under Contract ........................................

28.6%

0.0%

20.0%

25.0%

-12.5%

Average Median Price for Last 12 Months ........

$1,000,000

$1,932,472

$1,495,444

$1,460,843

46.1%

*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 MAR

$960

APR

$1,390,000

MAY JUN

MEDIAN SALES PRICE

JUL

$532

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

1.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.390 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

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Westminster DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$450,000

$485,000

$502,500

$495,000

10.0%

Average Price per Square Foot ...........................

$284

$300

$307

$330

16.2%

Properties Sold .......................................................

33

35

30

31

-6.1%

Properties Pending Sale .......................................

33

43

17

48

45.5%

Properties For Sale ................................................

85

117

78

124

45.9%

Days on Market (Pending Sale) ...........................

38

40

43

42

10.5%

Month’s Supply of Inventory ................................

2.6

3.3

2.6

4

55.3%

Percent Under Contract ........................................

38.8%

36.8%

21.8%

38.7%

-0.3%

Average Median Price for Last 12 Months ........

$409,000

$508,333

$510,500

$499,269

22.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAR

$450

APR

$495,000

MAY JUN

MEDIAN SALES PRICE

JUL

$330

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$495 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 : March 2014

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West Bay - Santa Ana Heights DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$1,210,000

$1,432,500

$1,300,000

$1,800,000

48.8%

Average Price per Square Foot ...........................

$431

$574

$581

$496

15.1%

Properties Sold .......................................................

9

8

13

8

-11.1%

Properties Pending Sale .......................................

18

12

5

15

-16.7%

Properties For Sale ................................................

41

60

35

59

43.9%

Days on Market (Pending Sale) ...........................

84

60

81

51

-39.3%

Month’s Supply of Inventory ................................

4.6

7.5

2.7

7.4

61.9%

Percent Under Contract ........................................

43.9%

20.0%

14.3%

25.4%

-42.1%

Average Median Price for Last 12 Months ........

$1,206,000

$1,606,000

$1,662,833

$1,470,346

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 MAR

$1.210

APR

$1,800,000

MAY JUN

MEDIAN SALES PRICE

JUL

$496

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.4 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

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West Newport - Lido DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$1,550,000

$3,587,500

$1,829,650

$3,087,000

99.2%

Average Price per Square Foot ...........................

$883

$1,404

$779

$1,232

39.5%

Properties Sold .......................................................

7

2

10

6

-14.3%

Properties Pending Sale .......................................

7

5

3

4

-42.9%

Properties For Sale ................................................

38

49

41

47

23.7%

Days on Market (Pending Sale) ...........................

86

55

87

22

-74.4%

Month’s Supply of Inventory ................................

5.4

24.5

4.1

7.8

44.3%

Percent Under Contract ........................................

18.4%

10.2%

7.3%

8.5%

-53.8%

Average Median Price for Last 12 Months ........

$1,721,000

$1,903,192

$2,067,333

$1,924,512

11.8%

*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 MAR

$1.550

APR

$3,087,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,232

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$3.087 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 : March 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 : March 2014

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County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : March 2014

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Carpinteria DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$909,500

$675,000

$869,000

$901,000

-0.9%

Average Price per Square Foot ...........................

$613

$824

$1,052

$1,297

111.6%

Properties Sold .......................................................

4

9

11

4

0.0%

Properties Pending Sale .......................................

5

7

2

13

160.0%

Properties For Sale ................................................

49

54

31

44

-10.2%

Days on Market (Pending Sale) ...........................

11

156

28

36

227.3%

Month’s Supply of Inventory ................................

12.2

6

2.8

11

-10.2%

Percent Under Contract ........................................

10.2%

13.0%

6.5%

29.5%

189.5%

Average Median Price for Last 12 Months ........

$1,160,000

$1,438,122

$1,538,910

$1,097,553

-5.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAR

$909

APR

$901,000

MAY JUN

MEDIAN SALES PRICE

JUL

$1,297

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

11 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$901 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 : March 2014

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Goleta DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$595,000

$775,000

$735,000

$720,000

21.0%

Average Price per Square Foot ...........................

$378

$442

$468

$455

20.4%

Properties Sold .......................................................

13

15

9

10

-23.1%

Properties Pending Sale .......................................

6

7

6

17

183.3%

Properties For Sale ................................................

15

32

23

31

106.7%

Days on Market (Pending Sale) ...........................

11

17

56

24

118.2%

Month’s Supply of Inventory ................................

1.2

2.1

2.6

3.1

168.7%

Percent Under Contract ........................................

40.0%

21.9%

26.1%

54.8%

37.1%

Average Median Price for Last 12 Months ........

$651,000

$799,917

$829,667

$761,048

16.9%

*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 MAR

$595

APR

$720,000

MAY JUN

MEDIAN SALES PRICE

JUL

$455

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$720 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 : March 2014

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Hope Ranch DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$2,038,000

$2,375,000

$2,615,000

$5,130,750

151.8%

Average Price per Square Foot ...........................

$573

$882

$791

$872

52.2%

Properties Sold .......................................................

6

1

3

4

-33.3%

Properties Pending Sale .......................................

3

1

3

1

-66.7%

Properties For Sale ................................................

28

34

37

36

28.6%

Days on Market (Pending Sale) ...........................

14

7

217

29

107.1%

Month’s Supply of Inventory ................................

4.7

34

12.3

9

92.9%

Percent Under Contract ........................................

10.7%

2.9%

8.1%

2.8%

-74.1%

Average Median Price for Last 12 Months ........

$2,478,000

$3,701,792

$4,173,583

$2,971,016

19.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAR

$2.038

APR

$5,130,750

MAY JUN

MEDIAN SALES PRICE

JUL

$872

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$5.130 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 : March 2014

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Montecito DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$2,850,000

$2,575,000

$2,030,000

$2,500,000

-12.3%

Average Price per Square Foot ...........................

$986

$804

$948

$956

-3.0%

Properties Sold .......................................................

17

19

18

10

-41.2%

Properties Pending Sale .......................................

17

13

18

27

58.8%

Properties For Sale ................................................

192

189

160

171

-10.9%

Days on Market (Pending Sale) ...........................

184

147

138

97

-47.3%

Month’s Supply of Inventory ................................

11.3

9.9

8.9

17.1

51.4%

Percent Under Contract ........................................

8.9%

6.9%

11.2%

15.8%

78.3%

Average Median Price for Last 12 Months ........

$2,243,000

$2,288,458

$2,295,000

$2,384,442

6.3%

*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 MAR

$2.850

APR

$2,500,000

MAY JUN

MEDIAN SALES PRICE

JUL

$956

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

17.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$2.500 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 : March 2014

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Santa Barbara East of State DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$995,000

$970,000

$1,250,000

$1,360,000

36.7%

Average Price per Square Foot ...........................

$528

$590

$751

$702

33.0%

Properties Sold .......................................................

27

19

23

15

-44.4%

Properties Pending Sale .......................................

33

28

16

24

-27.3%

Properties For Sale ................................................

130

149

104

104

-20.0%

Days on Market (Pending Sale) ...........................

25

38

67

63

152.0%

Month’s Supply of Inventory ................................

4.8

7.8

4.5

6.9

44.0%

Percent Under Contract ........................................

25.4%

18.8%

15.4%

23.1%

-9.1%

Average Median Price for Last 12 Months ........

$898,000

$1,150,083

$1,225,167

$1,084,183

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 MAR

$995

APR

$1,360,000

MAY JUN

MEDIAN SALES PRICE

JUL

$702

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.360 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 : March 2014

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Santa Barbara West of State DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$742,500

$888,000

$858,000

$950,000

27.9%

Average Price per Square Foot ...........................

$519

$568

$586

$750

44.5%

Properties Sold .......................................................

18

29

25

15

-16.7%

Properties Pending Sale .......................................

26

26

16

21

-19.2%

Properties For Sale ................................................

86

84

48

63

-26.7%

Days on Market (Pending Sale) ...........................

55

45

40

34

-38.2%

Month’s Supply of Inventory ................................

4.8

2.9

1.9

4.2

-12.1%

Percent Under Contract ........................................

30.2%

31.0%

33.3%

33.3%

10.3%

Average Median Price for Last 12 Months ........

$693,000

$926,750

$970,000

$894,000

29.0%

*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 MAR

$742

APR

$950,000

MAY JUN

MEDIAN SALES PRICE

JUL

$750

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

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Santa Ynez DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$963,250

$590,000

$600,000

$590,000

-38.7%

Average Price per Square Foot ...........................

$434

$351

$268

$340

-21.7%

Properties Sold .......................................................

7

9

7

13

85.7%

Properties Pending Sale .......................................

11

8

3

13

18.2%

Properties For Sale ................................................

96

123

104

123

28.1%

Days on Market (Pending Sale) ...........................

99

39

81

61

-38.4%

Month’s Supply of Inventory ................................

13.7

13.7

14.9

9.5

-31.0%

Percent Under Contract ........................................

11.5%

6.5%

2.9%

10.6%

-7.8%

Average Median Price for Last 12 Months ........

$669,000

$706,917

$789,167

$699,058

4.5%

*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 $963

MAR APR

$590,000

MAY JUN

MEDIAN SALES PRICE

JUL

$340

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$590 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

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Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : March 2014

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County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : March 2014

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Carmel DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$1,210,000

$1,412,750

$1,302,500

$1,250,000

3.3%

Average Price per Square Foot ...........................

$782

$828

$727

$813

4.0%

Properties Sold .......................................................

27

20

20

20

-25.9%

Properties Pending Sale .......................................

25

11

8

27

8.0%

Properties For Sale ................................................

151

168

132

153

1.3%

Days on Market (Pending Sale) ...........................

150

83

251

122

-18.7%

Month’s Supply of Inventory ................................

5.6

8.4

6.6

7.6

36.8%

Percent Under Contract ........................................

16.6%

6.5%

6.1%

17.6%

6.6%

Average Median Price for Last 12 Months ........

$1,122,000

$1,411,563

$1,551,458

$1,336,125

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 MAR

$1.210

APR

$1,250,000

MAY JUN

MEDIAN SALES PRICE

JUL

$813

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

7.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.250 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

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Carmel Valley DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$950,000

$970,000

$1,165,000

$1,093,750

15.1%

Average Price per Square Foot ...........................

$378

$328

$440

$406

7.4%

Properties Sold .......................................................

11

5

20

10

-9.1%

Properties Pending Sale .......................................

12

5

9

24

100.0%

Properties For Sale ................................................

89

114

95

102

14.6%

Days on Market (Pending Sale) ...........................

83

91

189

93

12.0%

Month’s Supply of Inventory ................................

8.1

22.8

4.8

10.2

26.1%

Percent Under Contract ........................................

13.5%

4.4%

9.5%

23.5%

74.5%

Average Median Price for Last 12 Months ........

$812,000

$1,164,125

$1,187,083

$994,173

22.4%

*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 MAR

$950

APR

$1,093,750

MAY JUN

MEDIAN SALES PRICE

JUL

$406

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

10.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.093 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 : March 2014

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Pacific Grove DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$620,000

$686,750

$799,500

$680,202

9.7%

Average Price per Square Foot ...........................

$392

$434

$531

$481

22.7%

Properties Sold .......................................................

21

14

10

12

-42.9%

Properties Pending Sale .......................................

17

11

12

15

-11.8%

Properties For Sale ................................................

66

66

48

56

-15.2%

Days on Market (Pending Sale) ...........................

86

101

42

51

-40.7%

Month’s Supply of Inventory ................................

3.1

4.7

4.8

4.7

48.5%

Percent Under Contract ........................................

25.8%

16.7%

25.0%

26.8%

4.0%

Average Median Price for Last 12 Months ........

$598,000

$736,642

$732,484

$704,758

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 MAR

$620

APR

$680,202

MAY JUN

MEDIAN SALES PRICE

JUL

$481

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Pebble Beach DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$1,262,500

$2,000,000

$2,000,000

$1,482,500

17.4%

Average Price per Square Foot ...........................

$484

$759

$695

$510

5.4%

Properties Sold .......................................................

18

11

7

10

-44.4%

Properties Pending Sale .......................................

10

9

7

16

60.0%

Properties For Sale ................................................

81

95

79

83

2.5%

Days on Market (Pending Sale) ...........................

24

125

109

127

429.2%

Month’s Supply of Inventory ................................

4.5

8.6

11.3

8.3

84.4%

Percent Under Contract ........................................

12.3%

9.5%

8.9%

19.3%

56.1%

Average Median Price for Last 12 Months ........

$1,121,000

$1,485,371

$1,584,833

$1,524,402

36.0%

*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 MAR

$1.262

APR

$1,482,500

MAY JUN

MEDIAN SALES PRICE

JUL

$510

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

8.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$1.482 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 : March 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 : March 2014

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : March 2014

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Beverly Center - Miracle Mile DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$540,000

$585,000

$825,000

$645,000

19.4%

Average Price per Square Foot ...........................

$405

$443

$522

$531

31.1%

Properties Sold .......................................................

6

6

9

6

0.0%

Properties Pending Sale .......................................

4

7

3

8

100.0%

Properties For Sale ................................................

17

34

22

28

64.7%

Days on Market (Pending Sale) ...........................

28

57

80

42

50.0%

Month’s Supply of Inventory ................................

2.8

5.7

2.4

4.7

64.7%

Percent Under Contract ........................................

23.5%

20.6%

13.6%

28.6%

21.4%

Average Median Price for Last 12 Months ........

$527,000

$706,083

$636,500

$644,888

22.4%

*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 MAR

$540

APR

$645,000

MAY JUN

MEDIAN SALES PRICE

JUL

$531

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$645 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 : March 2014

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Beverly Hills DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$929,000

$886,000

$912,500

$850,000

-8.5%

Average Price per Square Foot ...........................

$566

$480

$552

$630

11.3%

Properties Sold .......................................................

11

6

8

6

-45.5%

Properties Pending Sale .......................................

12

8

4

9

-25.0%

Properties For Sale ................................................

48

43

47

55

14.6%

Days on Market (Pending Sale) ...........................

93

39

145

69

-25.8%

Month’s Supply of Inventory ................................

4.4

7.2

5.9

9.2

110.1%

Percent Under Contract ........................................

25.0%

18.6%

8.5%

16.4%

-34.5%

Average Median Price for Last 12 Months ........

$886,000

$1,045,500

$1,129,333

$958,192

8.1%

*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 MAR

$929

APR

$850,000

MAY JUN

MEDIAN SALES PRICE

JUL

$630

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

9.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

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Brentwood DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$640,000

$670,000

$767,500

$841,000

31.4%

Average Price per Square Foot ...........................

$456

$512

$511

$561

23.0%

Properties Sold .......................................................

19

20

20

14

-26.3%

Properties Pending Sale .......................................

17

12

10

20

17.6%

Properties For Sale ................................................

70

65

59

83

18.6%

Days on Market (Pending Sale) ...........................

45

47

58

48

6.7%

Month’s Supply of Inventory ................................

3.7

3.2

3

5.9

60.9%

Percent Under Contract ........................................

24.3%

18.5%

16.9%

24.1%

-0.8%

Average Median Price for Last 12 Months ........

$676,000

$748,167

$802,167

$709,852

5.0%

*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 MAR

$640

APR

$841,000

MAY JUN

MEDIAN SALES PRICE

JUL

$561

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$841 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 : March 2014

telesproperties.com


Culver City DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$340,000

$397,500

$402,500

$479,000

40.9%

Average Price per Square Foot ...........................

$284

$369

$389

$399

40.5%

Properties Sold .......................................................

9

18

8

12

33.3%

Properties Pending Sale .......................................

15

9

10

17

13.3%

Properties For Sale ................................................

30

31

33

39

30.0%

Days on Market (Pending Sale) ...........................

22

19

35

23

4.5%

Month’s Supply of Inventory ................................

3.3

1.7

4.1

3.2

-2.5%

Percent Under Contract ........................................

50.0%

29.0%

30.3%

43.6%

-12.8%

Average Median Price for Last 12 Months ........

$314,000

$414,167

$416,167

$398,736

27.0%

*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 MAR

$340

APR

$479,000

MAY JUN

MEDIAN SALES PRICE

JUL

$399

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.2 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$479 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 : March 2014

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Encino DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$290,000

$325,000

$303,000

$283,000

-2.4%

Average Price per Square Foot ...........................

$216

$229

$248

$267

23.6%

Properties Sold .......................................................

9

13

10

14

55.6%

Properties Pending Sale .......................................

21

15

18

16

-23.8%

Properties For Sale ................................................

18

24

31

37

105.6%

Days on Market (Pending Sale) ...........................

51

71

69

71

39.2%

Month’s Supply of Inventory ................................

2

1.8

3.1

2.6

32.1%

Percent Under Contract ........................................

116.7%

62.5%

58.1%

43.2%

-62.9%

Average Median Price for Last 12 Months ........

$223,615

$294,000

$305,000

$286,615

28.2%

*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 MAR

$290

APR

$283,000

MAY JUN

MEDIAN SALES PRICE

JUL

$267

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

2.6 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$283 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 : March 2014

telesproperties.com


Malibu DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$840,000

$0

$753,500

$586,000

-30.2%

Average Price per Square Foot ...........................

$763

$0

$554

$329

-56.9%

Properties Sold .......................................................

9

0

2

2

-77.8%

Properties Pending Sale .......................................

7

4

5

4

-42.9%

Properties For Sale ................................................

29

26

21

20

-31.0%

Days on Market (Pending Sale) ...........................

163

98

54

177

8.6%

Month’s Supply of Inventory ................................

3.2

0

10.5

10

210.3%

Percent Under Contract ........................................

24.1%

15.4%

23.8%

20.0%

-17.1%

Average Median Price for Last 12 Months ........

$672,000

$727,200

$634,167

$699,227

4.1%

*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 $840

MAR APR

$586,000

MAY JUN

MEDIAN SALES PRICE

JUL

$329

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

10 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$586 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 : March 2014

telesproperties.com


Marina Del Rey DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$600,000

$750,156

$672,500

$702,500

17.1%

Average Price per Square Foot ...........................

$523

$533

$476

$473

-9.6%

Properties Sold .......................................................

19

18

34

20

5.3%

Properties Pending Sale .......................................

16

18

21

24

50.0%

Properties For Sale ................................................

106

156

132

135

27.4%

Days on Market (Pending Sale) ...........................

56

87

95

57

1.8%

Month’s Supply of Inventory ................................

5.6

8.7

3.9

6.8

21.0%

Percent Under Contract ........................................

15.1%

11.5%

15.9%

17.8%

17.8%

Average Median Price for Last 12 Months ........

$598,000

$716,983

$724,800

$721,870

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 MAR

$600

APR

$702,500

MAY JUN

MEDIAN SALES PRICE

JUL

$473

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

6.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$702 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 : March 2014

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Santa Monica DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$706,944

$850,000

$780,000

$757,500

7.2%

Average Price per Square Foot ...........................

$674

$695

$639

$590

-12.5%

Properties Sold .......................................................

38

37

35

28

-26.3%

Properties Pending Sale .......................................

45

31

21

46

2.2%

Properties For Sale ................................................

88

107

89

126

43.2%

Days on Market (Pending Sale) ...........................

54

32

54

43

-20.4%

Month’s Supply of Inventory ................................

2.3

2.9

2.5

4.5

94.3%

Percent Under Contract ........................................

51.1%

29.0%

23.6%

36.5%

-28.6%

Average Median Price for Last 12 Months ........

$711,000

$752,008

$742,433

$769,961

8.3%

*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 MAR

$706

APR

$757,500

MAY JUN

MEDIAN SALES PRICE

JUL

$590

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.5 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


Sherman Oaks DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$322,000

$405,000

$394,000

$401,000

24.5%

Average Price per Square Foot ...........................

$275

$302

$305

$325

18.2%

Properties Sold .......................................................

18

21

18

16

-11.1%

Properties Pending Sale .......................................

23

24

13

22

-4.3%

Properties For Sale ................................................

10

26

22

49

390.0%

Days on Market (Pending Sale) ...........................

92

45

66

79

-14.1%

Month’s Supply of Inventory ................................

0.6

1.2

1.2

3.1

451.2%

Percent Under Contract ........................................

230.0%

92.3%

59.1%

44.9%

-80.5%

Average Median Price for Last 12 Months ........

$298,615

$395,167

$410,667

$374,692

25.5%

*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 MAR

$322

APR

$401,000

MAY JUN

MEDIAN SALES PRICE

JUL

$325

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$401 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 : March 2014

telesproperties.com


Studio City DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$400,000

$440,000

$507,000

$470,000

17.5%

Average Price per Square Foot ...........................

$335

$358

$383

$363

8.4%

Properties Sold .......................................................

10

9

10

8

-20.0%

Properties Pending Sale .......................................

11

9

5

11

0.0%

Properties For Sale ................................................

21

25

22

33

57.1%

Days on Market (Pending Sale) ...........................

81

63

45

61

-24.7%

Month’s Supply of Inventory ................................

2.1

2.8

2.2

4.1

96.4%

Percent Under Contract ........................................

52.4%

36.0%

22.7%

33.3%

-36.4%

Average Median Price for Last 12 Months ........

$418,538

$461,833

$478,000

$455,923

8.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAR

$400

APR

$470,000

MAY JUN

MEDIAN SALES PRICE

JUL

$363

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

4.1 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$470 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


Venice DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$1,567,500

$572,000

$1,185,000

$775,000

-50.6%

Average Price per Square Foot ...........................

$741

$599

$608

$591

-20.2%

Properties Sold .......................................................

1

3

5

3

200.0%

Properties Pending Sale .......................................

2

7

0

4

100.0%

Properties For Sale ................................................

12

21

8

10

-16.7%

Days on Market (Pending Sale) ...........................

197

28

0

32

-83.8%

Month’s Supply of Inventory ................................

12

7

1.6

3.3

-72.2%

Percent Under Contract ........................................

16.7%

33.3%

0.0%

40.0%

140.0%

Average Median Price for Last 12 Months ........

$1,060,000

$1,020,100

$977,000

$1,076,042

1.5%

*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 $1.567

MAR APR

$775,000

MAY JUN

MEDIAN SALES PRICE

JUL

$591

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.3 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$775 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : March 2014

telesproperties.com


West Hollywood DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$569,500

$468,000

$639,000

$684,000

20.1%

Average Price per Square Foot ...........................

$463

$537

$524

$590

27.4%

Properties Sold .......................................................

26

31

35

30

15.4%

Properties Pending Sale .......................................

33

31

17

33

0.0%

Properties For Sale ................................................

99

143

101

116

17.2%

Days on Market (Pending Sale) ...........................

44

49

46

42

-4.5%

Month’s Supply of Inventory ................................

3.8

4.6

2.9

3.9

1.5%

Percent Under Contract ........................................

33.3%

21.7%

16.8%

28.4%

-14.7%

Average Median Price for Last 12 Months ........

$461,000

$645,708

$625,917

$575,769

24.9%

*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 MAR

$569

APR

$684,000

MAY JUN

MEDIAN SALES PRICE

JUL

$590

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.9 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$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 : March 2014

telesproperties.com


West LA DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$485,000

$639,000

$762,250

$594,000

22.5%

Average Price per Square Foot ...........................

$378

$446

$457

$450

19.0%

Properties Sold .......................................................

9

11

12

13

44.4%

Properties Pending Sale .......................................

17

8

12

17

0.0%

Properties For Sale ................................................

37

46

41

50

35.1%

Days on Market (Pending Sale) ...........................

44

52

42

30

-31.8%

Month’s Supply of Inventory ................................

4.1

4.2

3.4

3.8

-6.4%

Percent Under Contract ........................................

45.9%

17.4%

29.3%

34.0%

-26.0%

Average Median Price for Last 12 Months ........

$548,000

$639,208

$588,000

$637,981

16.4%

*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 MAR

$485

APR

$594,000

MAY JUN

MEDIAN SALES PRICE

JUL

$450

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

3.8 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$594 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 : March 2014

telesproperties.com


Westwood - Century City DATA*

Mar 2013

6 month

3 month

Mar 2014

% change

Median Price ..........................................................

$600,000

$731,033

$720,000

$740,000

23.3%

Average Price per Square Foot ...........................

$426

$600

$668

$670

57.3%

Properties Sold .......................................................

41

55

36

49

19.5%

Properties Pending Sale .......................................

47

40

26

48

2.1%

Properties For Sale ................................................

223

300

245

281

26.0%

Days on Market (Pending Sale) ...........................

69

59

89

87

26.1%

Month’s Supply of Inventory ................................

5.4

5.5

6.8

5.7

5.4%

Percent Under Contract ........................................

21.1%

13.3%

10.6%

17.1%

-19.0%

Average Median Price for Last 12 Months ........

$616,000

$759,594

$743,688

$711,388

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 MAR

$600

APR

$740,000

MAY JUN

MEDIAN SALES PRICE

JUL

$670

AUG SEP

AVERAGE PRICE PER SQ FT

OCT NOV DEC

5.7 MONTH’S SUPPLY OF INVENTORY

JAN FEB MAR

$740 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 : March 2014

telesproperties.com


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