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


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Reading the Report

“Each Micro Market area contains an analysis of current conditions and past trends. In order to take the most away from this report, it is important to understand how to read each micro market.

The Data presents statistical information about past and current conditions, comparing the previous year’s month to the current month. Each statistic is compiled from sales data during the month of the respective year. It is then analyzed by Percent Change, which is calculated by taking Current Value minus Past Value and then divided by Past Value.

The Numbers is a compilation of important take-away statistics for each area to gain a quick understanding of market conditions. Median Sales Price and Days on market are 12 month averages for the period ending in the current month. The values for Properties for Sale and Shadow Inventory are presented in both text and graphical form to show the relationship of Shadow to Active Inventory.

The Yearly Trend presents the Median Sales Prices for each month during the past year in graphical format to easily visualize the changes and help identify any trends in sales for that micro market.


MEDIAN PRICE:

DAYS OF MARKET (PENDING SALE):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

It can be interpreted like an average, however the extreme prices (high and

MONTH’S SUPPLY OF INVENTORY:

low) don’t hold undue influence.

The number of months it would take to sell all the properties listed for sale at

AVERAGE PRICE PER SQUARE FOOT:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

PERCENT UNDER CONTRACT:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

PROPERTIES SOLD:

The number of property transactions

AVERAGE MEDIAN PRICE FOR LAST 12:

that closed and transferred ownership.

The Average Median Price for the Last 12 Months is sales data from 12 months

PROPERTIES PENDING SALE:

The number of properties that entered escrow in preparation for sale. PROPERTIES FOR SALE:

The number of properties on the market and seeking buyers.

ending in the identified month.


Los Angeles County

Los Angeles County Macro

Mid Los Angeles

Rancho Palos Verdes

Tarzana

Bel Air - Holmby Hills

Mid Wilshire

Redondo Beach

Toluca Lake

Beverly Center - Miracle Mile

Pacific Palisades

Rolling Hills

Valley Village

Beverly Hills

Palms - Mar Vista

Rolling Hills Estates

Woodland Hills

Beverly Hills P.O.

Playa del Rey

San Pedro

San Gabriel Valley Macro

Beverlywood

Playa Vista

Torrance

Altadena

Brentwood

Santa Monica

San Fernando Macro

Arcadia

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Burbank

Duarte

Culver City

Venice

Encino

Eagle Rock

Hancock Park - Wilshire

West Hollywood

Glendale

La Canada Flintridge

Hollywood

West Los Angeles

La Crescenta

Monrovia

Hollywood Hills East

Westchester

North Hollywood

Pasadena

Laurel Canyon

Westwood - Century City

Shadow Hills

San Gabriel

Los Feliz

South Bay Macro

Sherman Oaks

San Marino

Malibu

El Segundo

Studio City

Sierra Madre

Malibu Beach

Manhattan Beach

Sun Valley

South Pasadena

Marina del Rey

Palos Verdes Estates

Sunland - Tujunga

Micro Market Report : May 2014

telesproperties.com


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

Micro Market Report : May 2014

telesproperties.com


Los Angeles County DATA*

May 2013

6 month

3 month

May 2014

% change

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

$850,000

$837,500

$886,250

$900,500

5.9%

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

$569

$555

$659

$633

11.2%

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

811

640

498

800

-1.4%

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

975

678

701

885

-9.2%

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

3,479

3,425

3,141

3,817

9.7%

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

44

56

55

44

0.0%

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

4.3

5.4

6.3

4.8

11.2%

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

28.0%

19.8%

22.3%

23.2%

-17.3%

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

$681,000

$879,292

$898,500

$865,750

21.3%

*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 MAY

$850

JUN

$900,500

JUL AUG

MEDIAN SALES PRICE

SEP

$633

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

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

Micro Market Report : May 2014

telesproperties.com


Bel-Air Holmby Hills DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,885,000

$2,249,500

$1,645,000

$3,408,794

80.8%

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

$827

$736

$1,079

$947

14.5%

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

9

15

8

15

66.7%

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

18

12

16

15

-16.7%

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

123

121

104

112

-8.9%

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

67

93

156

59

-11.9%

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

13.7

8.1

13

7.5

-45.4%

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

14.6%

9.9%

15.4%

13.4%

-8.5%

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

$1,881,000

$3,022,049

$4,266,265

$2,543,715

26.1%

*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 MAY

$1.885

JUN

$3,408,794

JUL AUG

MEDIAN SALES PRICE

SEP

$947

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.408 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Beverly Center - Miracle Mile DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,117,500

$1,607,500

$1,401,250

$1,230,000

10.1%

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

$546

$588

$626

$632

15.8%

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

30

8

12

21

-30.0%

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

25

13

16

21

-16.0%

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

67

57

66

67

0.0%

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

31

51

34

37

19.4%

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

2.2

7.1

5.5

3.2

42.9%

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

37.3%

22.8%

24.2%

31.3%

-16.0%

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

$1,007,000

$1,263,542

$1,215,000

$1,259,996

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 MAY

$1.117

JUN

$1,230,000

JUL AUG

MEDIAN SALES PRICE

SEP

$632

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.230 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Beverly Hills DATA*

May 2013

6 month

3 month

May 2014

% change

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

$4,575,000

$4,797,500

$5,600,000

$6,350,000

38.8%

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

$1,102

$1,225

$1,410

$1,456

32.1%

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

17

10

10

14

-17.6%

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

19

12

18

12

-36.8%

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

108

98

89

95

-12.0%

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

72

137

64

51

-29.2%

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

6.4

9.8

8.9

6.8

6.8%

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

17.6%

12.2%

20.2%

12.6%

-28.2%

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

$4,372,000

$5,362,567

$5,052,333

$4,894,262

10.7%

*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 MAY

$4.575

JUN

$6,350,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,456

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$6.350 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Beverly Hills- Post Office DATA*

May 2013

6 month

3 month

May 2014

% change

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

$2,268,000

$1,679,000

$2,225,000

$2,065,000

-9.0%

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

$766

$740

$637

$664

-13.3%

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

12

12

9

12

0.0%

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

13

12

7

18

38.5%

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

103

116

107

124

20.4%

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

42

64

88

93

121.4%

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

8.6

9.7

11.9

10.3

20.4%

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

12.6%

10.3%

6.5%

14.5%

15.0%

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

$1,993,000

$2,315,417

$2,485,000

$2,174,206

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 MAY

$2.268

JUN

$2,065,000

JUL AUG

MEDIAN SALES PRICE

SEP

$664

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

10.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Beverlywood DATA*

May 2013

6 month

3 month

May 2014

% change

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

$852,310

$849,000

$846,000

$865,000

1.5%

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

$566

$533

$545

$542

-4.2%

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

8

14

8

17

112.5%

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

16

14

21

21

31.2%

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

41

56

57

66

61.0%

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

33

31

36

27

-18.2%

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

5.1

4

7.1

3.9

-24.2%

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

39.0%

25.0%

36.8%

31.8%

-18.5%

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

$777,000

$981,417

$948,333

$937,447

17.1%

*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 MAY

$852

JUN

$865,000

JUL AUG

MEDIAN SALES PRICE

SEP

$542

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$865 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Brentwood DATA*

May 2013

6 month

3 month

May 2014

% change

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

$2,710,000

$2,082,500

$4,050,000

$3,166,500

16.8%

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

$880

$780

$952

$1,071

21.7%

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

27

16

13

22

-18.5%

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

31

19

9

31

0.0%

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

124

104

84

123

-0.8%

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

52

54

27

52

0.0%

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

4.6

6.5

6.5

5.6

21.7%

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

25.0%

18.3%

10.7%

25.2%

0.8%

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

$2,016,000

$2,854,046

$2,827,167

$2,612,906

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 MAY

$2.710

JUN

$3,166,500

JUL AUG

MEDIAN SALES PRICE

SEP

$1,071

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.166 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Cheviot Hills - Rancho Park DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,222,500

$1,511,500

$2,000,000

$1,492,500

22.1%

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

$608

$605

$509

$815

34.0%

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

3

4

3

8

166.7%

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

10

3

4

12

20.0%

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

32

14

12

27

-15.6%

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

12

32

9

23

91.7%

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

10.7

3.5

4

3.4

-68.4%

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

31.2%

21.4%

33.3%

44.4%

42.2%

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

$1,298,000

$1,588,733

$1,434,467

$1,525,531

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 MAY

$1.222

JUN

$1,492,500

JUL AUG

MEDIAN SALES PRICE

SEP

$815

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.492 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Culver City DATA*

May 2013

6 month

3 month

May 2014

% change

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

$736,000

$790,750

$807,500

$860,000

16.8%

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

$524

$575

$529

$597

13.9%

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

15

8

12

13

-13.3%

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

27

12

9

18

-33.3%

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

58

36

29

40

-31.0%

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

25

43

60

28

12.0%

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

3.9

4.5

2.4

3.1

-20.4%

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

46.6%

33.3%

31.0%

45.0%

-3.3%

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

$714,000

$806,167

$809,833

$805,538

11.4%

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

current market snapshot MAY

$736

JUN

$860,000

JUL AUG

MEDIAN SALES PRICE

SEP

$597

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$860 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Hancock Park - Wilshire DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,127,500

$1,475,000

$1,724,950

$1,078,250

-4.4%

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

$574

$592

$641

$586

2.1%

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

28

23

20

22

-21.4%

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

28

16

20

26

-7.1%

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

110

98

81

113

2.7%

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

31

47

61

35

12.9%

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

3.9

4.3

4

5.1

30.7%

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

25.5%

16.3%

24.7%

23.0%

-9.6%

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

$1,055,000

$1,310,408

$1,152,083

$1,270,044

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 MAY

$1.127

JUN

$1,078,250

JUL AUG

MEDIAN SALES PRICE

SEP

$586

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.078 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Hollywood DATA*

May 2013

6 month

3 month

May 2014

% change

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

$612,000

$618,000

$2,200,000

$1,325,000

116.5%

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

$559

$423

$639

$553

-1.1%

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

5

5

1

5

0.0%

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

6

3

4

10

66.7%

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

23

16

17

32

39.1%

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

26

58

99

62

138.5%

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

4.6

3.2

17

6.4

39.1%

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

26.1%

18.8%

23.5%

31.2%

19.8%

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

$654,000

$1,090,400

$920,833

$810,958

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 MAY

$612

JUN

$1,325,000

JUL AUG

MEDIAN SALES PRICE

SEP

$553

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.325 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Hollywood Hills East DATA*

May 2013

6 month

3 month

May 2014

% change

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

$905,000

$1,041,000

$1,597,000

$965,000

6.6%

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

$457

$518

$583

$549

20.1%

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

15

10

7

11

-26.7%

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

19

4

7

12

-36.8%

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

70

45

46

62

-11.4%

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

63

29

73

34

-46.0%

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

3.7

11.2

6.6

5.6

53.0%

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

27.1%

8.9%

15.2%

19.4%

-28.7%

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

$944,000

$1,259,417

$1,039,500

$1,137,758

17.0%

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

current market snapshot MAY

$905

JUN

$965,000

JUL AUG

MEDIAN SALES PRICE

SEP

$549

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$965 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Laurel Canyon DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,019,500

$1,243,500

$1,385,000

$1,390,000

36.3%

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

$622

$563

$601

$713

14.6%

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

30

17

24

29

-3.3%

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

29

15

29

27

-6.9%

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

130

130

129

142

9.2%

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

51

64

67

55

7.8%

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

4.5

8.7

4.4

4.9

9.2%

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

22.3%

11.5%

22.5%

19.0%

-14.8%

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

$1,154,000

$1,369,407

$1,451,667

$1,296,754

11.0%

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

current market snapshot MAY

$1.019

JUN

$1,390,000

JUL AUG

MEDIAN SALES PRICE

SEP

$713

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Los Feliz DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,200,000

$1,097,000

$1,150,000

$1,180,000

-1.7%

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

$611

$540

$567

$693

13.4%

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

21

12

15

21

0.0%

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

30

12

18

21

-30.0%

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

92

72

77

94

2.2%

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

38

52

39

38

0.0%

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

3.1

6

4.3

4.5

46.0%

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

32.6%

16.7%

23.4%

22.3%

-31.5%

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

$1,020,000

$1,271,583

$1,274,167

$1,262,363

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 MAY

$1.200

JUN

$1,180,000

JUL AUG

MEDIAN SALES PRICE

SEP

$693

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.180 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Malibu DATA*

May 2013

6 month

3 month

May 2014

% change

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

$2,437,500

$1,837,500

$2,091,959

$2,775,000

13.8%

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

$760

$808

$671

$792

4.2%

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

6

18

14

17

183.3%

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

18

15

14

17

-5.6%

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

208

182

173

201

-3.4%

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

162

114

197

136

-16.0%

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

34.7

10.1

12.4

11.8

-65.9%

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

8.7%

8.2%

8.1%

8.5%

-2.3%

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

$1,811,000

$2,421,993

$2,281,667

$2,213,016

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 MAY

$2.437

JUN

$2,775,000

JUL AUG

MEDIAN SALES PRICE

SEP

$792

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

11.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.775 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 : May 2014

telesproperties.com


Malibu Beach DATA*

May 2013

6 month

3 month

May 2014

% change

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

$2,250,000

$5,075,000

$6,662,500

$9,930,000

341.3%

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

$1,200

$1,443

$2,630

$2,422

101.8%

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

3

2

4

1

-66.7%

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

3

11

3

2

-33.3%

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

86

70

61

80

-7.0%

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

117

178

77

72

-38.5%

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

28.7

35

15.2

80

179.1%

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

3.5%

15.7%

4.9%

2.5%

-28.3%

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

$6,189,000

$5,922,729

$6,619,208

$5,957,538

-3.9%

*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 MAY

$2.250

JUN

$9,930,000

JUL AUG

MEDIAN SALES PRICE

SEP

$2,422

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

80 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$9.930 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Marina Del Rey DATA*

May 2013

6 month

3 month

May 2014

% change

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

$2,030,178

$1,900,000

$1,715,000

$1,735,000

-14.5%

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

$577

$544

$522

$631

9.4%

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

2

3

5

9

350.0%

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

5

2

7

5

0.0%

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

19

24

26

23

21.1%

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

46

37

30

52

13.0%

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

9.5

8

5.2

2.6

-73.1%

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

26.3%

8.3%

26.9%

21.7%

-17.4%

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

$1,447,000

$1,617,500

$1,415,000

$1,544,418

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 MAY

$2.030

JUN

$1,735,000

JUL AUG

MEDIAN SALES PRICE

SEP

$631

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.735 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Mid Los Angeles DATA*

May 2013

6 month

3 month

May 2014

% change

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

$500,000

$490,000

$461,562

$625,000

25.0%

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

$309

$295

$338

$353

14.2%

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

23

17

16

13

-43.5%

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

16

22

19

12

-25.0%

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

53

71

60

55

3.8%

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

28

42

46

39

39.3%

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

2.3

4.2

3.8

4.2

83.6%

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

30.2%

31.0%

31.7%

21.8%

-27.7%

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

$351,000

$505,677

$540,833

$490,005

28.4%

*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 MAY

$500

JUN

$625,000

JUL AUG

MEDIAN SALES PRICE

SEP

$353

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$625 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Mid Wilshire DATA*

May 2013

6 month

3 month

May 2014

% change

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

$542,500

$562,000

$0

$595,000

9.7%

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

$367

$308

$0

$419

14.2%

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

2

3

0

3

50.0%

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

0

2

1

0

0%

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

14

11

14

24

71.4%

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

0

34

156

0

0%

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

7

3.7

0

8

14.3%

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

0.0%

18.2%

7.1%

0.0%

0%

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

$433,000

$633,625

$671,000

$563,850

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 MAY

$542

JUN

$595,000

JUL AUG

MEDIAN SALES PRICE

SEP

$419

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$595 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Pacific Palisades DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,987,500

$2,275,000

$2,935,000

$3,010,000

51.4%

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

$680

$909

$948

$929

36.6%

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

34

14

16

29

-14.7%

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

37

20

26

44

18.9%

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

138

120

110

131

-5.1%

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

65

57

50

53

-18.5%

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

4.1

8.6

6.9

4.5

11.3%

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

26.8%

16.7%

23.6%

33.6%

25.3%

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

$2,114,000

$2,760,750

$2,777,500

$2,460,999

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 MAY

$1.987

JUN

$3,010,000

JUL AUG

MEDIAN SALES PRICE

SEP

$929

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.010 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 : May 2014

telesproperties.com


Palms - Mar Vista DATA*

May 2013

6 month

3 month

May 2014

% change

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

$948,500

$1,121,000

$1,120,000

$989,000

4.3%

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

$557

$617

$580

$661

18.7%

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

23

26

13

24

4.3%

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

27

21

20

23

-14.8%

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

74

58

56

74

0.0%

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

26

40

38

21

-19.2%

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

3.2

2.2

4.3

3.1

-4.2%

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

36.5%

36.2%

35.7%

31.1%

-14.8%

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

$807,000

$1,059,417

$1,142,167

$1,003,581

19.6%

*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 MAY

$948

JUN

$989,000

JUL AUG

MEDIAN SALES PRICE

SEP

$661

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$989 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Playa Del Rey DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,200,000

$1,036,000

$1,186,046

$1,268,000

5.7%

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

$455

$707

$491

$532

16.9%

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

5

5

4

3

-40.0%

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

2

1

3

4

100.0%

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

12

11

11

16

33.3%

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

47

49

39

34

-27.7%

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

2.4

2.2

2.8

5.3

122.2%

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

16.7%

9.1%

27.3%

25.0%

50.0%

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

$1,044,000

$1,263,293

$1,432,000

$1,275,789

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 MAY

$1.200

JUN

$1,268,000

JUL AUG

MEDIAN SALES PRICE

SEP

$532

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.268 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Playa Vista DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,250,000

$0

$1,134,995

$0

-100.0%

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

$450

$0

$478

$0

-100.0%

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

1

0

1

0

-100.0%

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

1

1

1

1

0.0%

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

6

5

9

10

66.7%

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

82

6

440

33

-59.8%

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

6

0

9

0

0%

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

16.7%

20.0%

11.1%

10.0%

-40.0%

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

$1,143,000

$1,198,332

$1,000,000

$1,272,356

10.2%

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

current market snapshot MAY

$1.250

JUN

No sales

JUL AUG

MEDIAN SALES PRICE

SEP

No sales

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

No sales MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : May 2014

telesproperties.com


Santa Monica DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,662,500

$2,085,750

$1,896,000

$1,575,000

-5.3%

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

$784

$794

$862

$945

20.5%

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

28

19

13

17

-39.3%

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

26

15

16

23

-11.5%

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

86

79

68

89

3.5%

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

40

40

57

46

15.0%

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

3.1

4.2

5.2

5.2

70.5%

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

30.2%

19.0%

23.5%

25.8%

-14.5%

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

$1,938,000

$1,834,417

$2,037,500

$1,939,096

0.1%

*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 MAY

$1.662

JUN

$1,575,000

JUL AUG

MEDIAN SALES PRICE

SEP

$945

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.575 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,400,000

$1,400,000

$1,585,980

$1,842,759

31.6%

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

$940

$698

$772

$759

-19.3%

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

46

27

31

35

-23.9%

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

45

28

37

39

-13.3%

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

228

242

225

252

10.5%

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

45

64

77

60

33.3%

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

5

9

7.3

7.2

45.3%

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

19.7%

11.6%

16.4%

15.5%

-21.6%

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

$1,418,000

$1,639,707

$1,791,920

$1,539,672

7.9%

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

current market snapshot MAY

$1.400

JUN

$1,842,759

JUL AUG

MEDIAN SALES PRICE

SEP

$759

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.842 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Venice DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,512,500

$1,175,000

$1,425,000

$1,427,500

-5.6%

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

$792

$878

$1,030

$947

19.6%

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

16

17

9

26

62.5%

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

30

12

15

19

-36.7%

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

78

53

57

62

-20.5%

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

39

75

24

30

-23.1%

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

4.9

3.1

6.3

2.4

-51.1%

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

38.5%

22.6%

26.3%

30.6%

-20.3%

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

$1,257,000

$1,520,050

$1,610,933

$1,434,062

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 MAY

$1.512

JUN

$1,427,500

JUL AUG

MEDIAN SALES PRICE

SEP

$947

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.427 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


West Hollywood DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,080,000

$1,050,000

$1,055,000

$1,295,938

20.0%

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

$682

$744

$699

$753

10.4%

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

15

5

6

10

-33.3%

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

12

10

11

8

-33.3%

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

34

56

42

40

17.6%

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

46

77

46

28

-39.1%

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

2.3

11.2

7

4

76.5%

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

35.3%

17.9%

26.2%

20.0%

-43.3%

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

$1,139,000

$1,192,284

$1,253,189

$1,136,904

-0.2%

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

current market snapshot MAY

$1.080

JUN

$1,295,938

JUL AUG

MEDIAN SALES PRICE

SEP

$753

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.295 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


West Los Angeles DATA*

May 2013

6 month

3 month

May 2014

% change

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

$867,425

$845,000

$788,000

$908,250

4.7%

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

$608

$692

$641

$582

-4.3%

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

6

7

5

8

33.3%

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

5

7

4

10

100.0%

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

13

20

14

34

161.5%

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

12

50

13

26

116.7%

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

2.2

2.9

2.8

4.2

96.2%

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

38.5%

35.0%

28.6%

29.4%

-23.5%

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

$667,000

$850,875

$892,250

$836,256

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 MAY

$867

JUN

$908,250

JUL AUG

MEDIAN SALES PRICE

SEP

$582

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$908 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Westchester DATA*

May 2013

6 month

3 month

May 2014

% change

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

$784,500

$760,000

$800,000

$812,000

3.5%

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

$466

$488

$443

$470

0.9%

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

28

25

12

23

-17.9%

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

24

17

16

30

25.0%

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

56

38

42

80

42.9%

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

17

31

20

23

35.3%

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

2

1.5

3.5

3.5

73.9%

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

42.9%

44.7%

38.1%

37.5%

-12.5%

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

$684,000

$861,000

$843,667

$813,269

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 MAY

$784

JUN

$812,000

JUL AUG

MEDIAN SALES PRICE

SEP

$470

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$812 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Westwood - Century City DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,490,050

$1,600,000

$2,135,000

$1,885,000

26.5%

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

$667

$692

$701

$760

13.9%

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

22

15

5

16

-27.3%

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

19

19

11

20

5.3%

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

50

54

39

74

48.0%

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

16

26

30

32

100.0%

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

2.3

3.6

7.8

4.6

103.5%

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

38.0%

35.2%

28.2%

27.0%

-28.9%

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

$1,319,000

$1,742,167

$1,783,333

$1,628,542

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 MAY

$1.490

JUN

$1,885,000

JUL AUG

MEDIAN SALES PRICE

SEP

$760

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.885 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


South Bay Macro Market DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,215,278

$1,082,625

$1,072,875

$1,299,398

6.9%

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

$499

$518

$566

$538

7.8%

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

226

154

117

202

-10.6%

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

246

179

174

211

-14.2%

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

679

593

549

683

0.6%

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

52

83

60

57

10.1%

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

3

3.9

4.7

3.4

12.5%

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

36.2%

30.2%

31.7%

30.9%

-14.7%

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

$1,176,778

$1,244,093

$1,217,478

$1,305,188

10.9%

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

current market snapshot MAY

$1.215

JUN

$1,299,398

JUL AUG

MEDIAN SALES PRICE

SEP

$538

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.299 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


El Segundo DATA*

May 2013

6 month

3 month

May 2014

% change

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

$865,000

$820,000

$952,000

$898,000

3.8%

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

$480

$521

$572

$430

-10.4%

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

7

3

1

8

14.3%

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

10

4

7

10

0.0%

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

29

13

19

23

-20.7%

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

32

61

69

18

-43.8%

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

4.1

4.3

19

2.9

-30.6%

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

34.5%

30.8%

36.8%

43.5%

26.1%

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

$822,000

$864,375

$858,500

$867,365

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 MAY

$865

JUN

$898,000

JUL AUG

MEDIAN SALES PRICE

SEP

$430

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$898 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Manhattan Beach DATA*

May 2013

6 month

3 month

May 2014

% change

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

$2,100,000

$1,989,500

$1,900,000

$2,015,000

-4.0%

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

$714

$762

$1,025

$800

12.0%

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

39

20

21

37

-5.1%

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

29

23

28

47

62.1%

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

87

59

67

100

14.9%

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

30

55

24

38

26.7%

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

2.2

3

3.2

2.7

21.2%

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

33.3%

39.0%

41.8%

47.0%

41.0%

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

$1,589,000

$1,873,167

$1,856,500

$1,833,308

15.4%

*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 MAY

$2.100

JUN

$2,015,000

JUL AUG

MEDIAN SALES PRICE

SEP

$800

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.015 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Palos Verdes Estates DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,600,000

$1,500,000

$1,387,500

$1,440,000

-10.0%

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

$560

$563

$616

$630

12.5%

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

15

13

8

11

-26.7%

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

16

11

11

13

-18.8%

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

70

52

54

70

0.0%

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

37

121

64

43

16.2%

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

4.7

4

6.8

6.4

36.4%

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

22.9%

21.2%

20.4%

18.6%

-18.8%

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

$1,587,000

$1,578,000

$1,569,167

$1,549,000

-2.4%

*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 MAY

$1.600

JUN

$1,440,000

JUL AUG

MEDIAN SALES PRICE

SEP

$630

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.440 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Rancho Palos Verdes DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,085,000

$1,195,000

$1,280,000

$1,308,000

20.6%

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

$478

$525

$435

$513

7.3%

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

29

31

15

31

6.9%

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

40

24

18

38

-5.0%

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

112

108

91

129

15.2%

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

60

74

50

43

-28.3%

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

3.9

3.5

6.1

4.2

7.7%

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

35.7%

22.2%

19.8%

29.5%

-17.5%

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

$985,000

$1,179,667

$1,166,000

$1,159,938

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 MAY

$1.085

JUN

$1,308,000

JUL AUG

MEDIAN SALES PRICE

SEP

$513

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.308 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Redondo Beach DATA*

May 2013

6 month

3 month

May 2014

% change

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

$845,000

$809,000

$871,000

$800,086

-5.3%

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

$495

$523

$655

$543

9.7%

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

35

15

12

26

-25.7%

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

44

30

33

34

-22.7%

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

100

89

71

90

-10.0%

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

30

31

27

30

0.0%

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

2.9

5.9

5.9

3.5

21.2%

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

44.0%

33.7%

46.5%

37.8%

-14.1%

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

$779,000

$846,848

$845,029

$852,122

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 MAY

$845

JUN

$800,086

JUL AUG

MEDIAN SALES PRICE

SEP

$543

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Rolling Hills DATA*

May 2013

6 month

3 month

May 2014

% change

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

$2,100,000

$0

$0

$2,438,500

16.1%

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

$614

$0

$0

$604

-1.6%

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

5

0

0

1

-80.0%

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

3

2

1

3

0.0%

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

20

14

18

26

30.0%

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

175

220

160

182

4.0%

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

4

0

0

26

550.0%

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

15.0%

14.3%

5.6%

11.5%

-23.1%

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

$2,535,000

$3,134,625

$2,681,750

$3,068,150

21.0%

*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 MAY

$2.100

JUN

$2,438,500

JUL AUG

MEDIAN SALES PRICE

SEP

$604

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

26 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.438 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Rolling Hills Estates DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,187,500

$1,322,500

$1,095,000

$1,580,000

33.1%

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

$477

$507

$489

$542

13.6%

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

10

8

5

13

30.0%

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

6

3

3

8

33.3%

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

26

9

18

25

-3.8%

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

43

95

39

77

79.1%

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

2.6

1.1

3.6

1.9

-26.0%

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

23.1%

33.3%

16.7%

32.0%

38.7%

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

$1,275,000

$1,254,083

$1,347,333

$1,275,538

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 MAY

$1.187

JUN

$1,580,000

JUL AUG

MEDIAN SALES PRICE

SEP

$542

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

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

Micro Market Report : May 2014

telesproperties.com


San Pedro DATA*

May 2013

6 month

3 month

May 2014

% change

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

$505,000

$460,000

$470,000

$570,000

12.9%

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

$289

$356

$325

$349

20.8%

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

33

27

23

25

-24.2%

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

46

32

27

27

-41.3%

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

118

125

112

110

-6.8%

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

37

63

71

56

51.4%

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

3.6

4.6

4.9

4.4

23.1%

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

39.0%

25.6%

24.1%

24.5%

-37.0%

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

$450,000

$518,667

$531,667

$502,885

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 MAY

$505

JUN

$570,000

JUL AUG

MEDIAN SALES PRICE

SEP

$349

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$570 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Torrance DATA*

May 2013

6 month

3 month

May 2014

% change

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

$650,000

$565,000

$627,500

$645,000

-0.8%

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

$380

$389

$412

$427

12.4%

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

53

37

32

50

-5.7%

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

52

50

46

31

-40.4%

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

117

124

99

110

-6.0%

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

22

30

35

26

18.2%

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

2.2

3.4

3.1

2.2

-0.3%

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

44.4%

40.3%

46.5%

28.2%

-36.6%

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

$569,000

$634,000

$636,333

$638,385

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 MAY

$650

JUN

$645,000

JUL AUG

MEDIAN SALES PRICE

SEP

$427

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


San Fernando Valley Macro Market DATA*

May 2013

6 month

3 month

May 2014

% change

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

$674,429

$675,000

$746,071

$750,286

11.2%

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

$358

$361

$361

$388

8.5%

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

507

429

277

462

-8.9%

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

614

485

411

558

-9.1%

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

754

917

821

1,027

36.2%

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

50

56

57

52

3.6%

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

1.5

2.1

3

2.2

49.5%

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

81.4%

52.9%

50.1%

54.3%

-33.3%

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

$620,451

$749,024

$756,214

$719,110

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 MAY

$674

JUN

$750,286

JUL AUG

MEDIAN SALES PRICE

SEP

$388

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Burbank DATA*

May 2013

6 month

3 month

May 2014

% change

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

$638,000

$607,000

$655,000

$650,000

1.9%

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

$372

$378

$412

$415

11.6%

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

52

46

39

36

-30.8%

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

63

50

56

52

-17.5%

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

65

77

77

70

7.7%

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

36

43

50

45

25.0%

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

1.2

1.7

2

1.9

55.6%

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

96.9%

64.9%

72.7%

74.3%

-23.4%

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

$527,538

$626,667

$631,667

$616,846

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 MAY

$638

JUN

$650,000

JUL AUG

MEDIAN SALES PRICE

SEP

$415

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Encino DATA*

May 2013

6 month

3 month

May 2014

% change

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

$801,000

$850,000

$1,423,000

$1,040,000

29.8%

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

$380

$379

$435

$435

14.5%

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

46

33

20

34

-26.1%

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

60

42

36

55

-8.3%

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

87

88

76

105

20.7%

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

54

61

97

52

-3.7%

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

1.9

2.7

3.8

3.1

63.3%

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

69.0%

47.7%

47.4%

52.4%

-24.0%

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

$784,769

$1,016,500

$984,333

$971,538

23.8%

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

current market snapshot MAY

$801

JUN

$1,040,000

JUL AUG

MEDIAN SALES PRICE

SEP

$435

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Glendale DATA*

May 2013

6 month

3 month

May 2014

% change

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

$740,000

$720,000

$713,000

$760,000

2.7%

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

$383

$382

$392

$405

5.7%

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

54

63

28

67

24.1%

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

78

69

44

72

-7.7%

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

88

100

95

127

44.3%

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

53

47

50

51

-3.8%

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

1.6

1.6

3.4

1.9

16.3%

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

88.6%

69.0%

46.3%

56.7%

-36.0%

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

$607,308

$721,667

$710,667

$707,077

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 MAY

$740

JUN

$760,000

JUL AUG

MEDIAN SALES PRICE

SEP

$405

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$760 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


La Crescenta DATA*

May 2013

6 month

3 month

May 2014

% change

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

$696,000

$532,000

$658,000

$695,000

-0.1%

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

$374

$383

$407

$398

6.4%

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

18

18

11

21

16.7%

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

21

20

14

19

-9.5%

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

22

27

24

34

54.5%

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

53

59

48

52

-1.9%

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

1.2

1.5

2.2

1.6

32.5%

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

95.5%

74.1%

58.3%

55.9%

-41.5%

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

$585,462

$698,500

$736,333

$670,308

14.5%

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

current market snapshot MAY

$696

JUN

$695,000

JUL AUG

MEDIAN SALES PRICE

SEP

$398

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$695 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


North Hollywood DATA*

May 2013

6 month

3 month

May 2014

% change

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

$409,000

$409,000

$435,000

$411,000

0.5%

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

$319

$331

$294

$310

-2.8%

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

48

48

31

36

-25.0%

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

53

45

36

57

7.5%

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

34

68

75

57

67.6%

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

51

50

47

50

-2.0%

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

0.7

1.4

2.4

1.6

123.5%

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

155.9%

66.2%

48.0%

100.0%

-35.8%

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

$329,462

$424,167

$438,000

$412,615

25.2%

*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 MAY

$409

JUN

$411,000

JUL AUG

MEDIAN SALES PRICE

SEP

$310

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$411 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Shadow Hills DATA*

May 2013

6 month

3 month

May 2014

% change

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

$628,000

$542,000

$945,000

$640,000

1.9%

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

$307

$279

$278

$311

1.3%

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

4

2

1

4

0.0%

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

1

2

4

6

500.0%

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

20

13

7

12

-40.0%

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

54

76

2

50

-7.4%

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

5

6.5

7

3

-40.0%

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

5.0%

15.4%

57.1%

50.0%

900.0%

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

$626,462

$790,167

$714,333

$720,308

15.0%

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

current market snapshot MAY

$628

JUN

$640,000

JUL AUG

MEDIAN SALES PRICE

SEP

$311

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$640 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Sherman Oaks DATA*

May 2013

6 month

3 month

May 2014

% change

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

$815,000

$750,000

$925,000

$985,000

20.9%

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

$431

$407

$436

$449

4.2%

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

66

53

38

65

-1.5%

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

76

59

54

66

-13.2%

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

101

125

101

134

32.7%

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

51

56

61

52

2.0%

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

1.5

2.4

2.7

2.1

34.7%

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

75.2%

47.2%

53.5%

49.3%

-34.5%

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

$729,077

$921,000

$909,333

$857,462

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 MAY

$815

JUN

$985,000

JUL AUG

MEDIAN SALES PRICE

SEP

$449

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Studio City DATA*

May 2013

6 month

3 month

May 2014

% change

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

$905,000

$1,128,000

$1,085,000

$1,200,000

32.6%

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

$459

$455

$479

$545

18.7%

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

35

22

14

39

11.4%

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

37

27

29

41

10.8%

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

70

83

69

82

17.1%

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

40

67

42

60

50.0%

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

2

3.8

4.9

2.1

5.1%

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

52.9%

32.5%

42.0%

50.0%

-5.4%

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

$872,154

$1,140,167

$1,203,333

$1,078,615

23.7%

*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 MAY

$905

JUN

$1,200,000

JUL AUG

MEDIAN SALES PRICE

SEP

$545

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Sun Valley DATA*

May 2013

6 month

3 month

May 2014

% change

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

$325,000

$407,000

$390,000

$366,000

12.6%

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

$271

$268

$241

$273

0.7%

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

15

22

10

12

-20.0%

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

27

23

8

19

-29.6%

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

26

38

33

41

57.7%

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

37

54

37

34

-8.1%

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

1.7

1.7

3.3

3.4

97.1%

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

103.8%

60.5%

24.2%

46.3%

-55.4%

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

$292,846

$381,333

$392,667

$370,077

26.4%

*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 MAY

$325

JUN

$366,000

JUL AUG

MEDIAN SALES PRICE

SEP

$273

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$366 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Sunland/Tujunga DATA*

May 2013

6 month

3 month

May 2014

% change

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

$403,000

$446,000

$446,000

$437,000

8.4%

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

$268

$289

$314

$312

16.4%

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

42

34

22

44

4.8%

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

47

40

28

49

4.3%

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

38

65

45

85

123.7%

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

52

50

62

52

0.0%

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

0.9

1.9

2

1.9

113.5%

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

123.7%

61.5%

62.2%

57.6%

-53.4%

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

$359,000

$430,167

$433,000

$420,077

17.0%

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

current market snapshot MAY

$403

JUN

$437,000

JUL AUG

MEDIAN SALES PRICE

SEP

$312

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$437 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Tarzana DATA*

May 2013

6 month

3 month

May 2014

% change

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

$918,000

$660,000

$705,000

$968,000

5.4%

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

$332

$325

$323

$330

-0.6%

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

31

19

18

26

-16.1%

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

48

26

23

29

-39.6%

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

45

72

65

81

80.0%

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

52

58

64

48

-7.7%

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

1.5

3.8

3.6

3.1

114.6%

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

106.7%

36.1%

35.4%

35.8%

-66.4%

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

$711,000

$857,500

$941,333

$827,615

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 MAY

$918

JUN

$968,000

JUL AUG

MEDIAN SALES PRICE

SEP

$330

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$968 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Toluca Lake DATA*

May 2013

6 month

3 month

May 2014

% change

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

$888,000

$849,000

$740,000

$944,000

6.3%

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

$443

$438

$382

$530

19.6%

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

10

7

4

4

-60.0%

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

4

4

11

0

-100.0%

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

17

11

11

15

-11.8%

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

36

50

41

46

27.8%

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

1.7

1.6

2.8

3.8

120.6%

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

23.5%

36.4%

100.0%

0.0%

-100.0%

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

$1,056,000

$1,086,167

$1,076,333

$1,011,308

-4.2%

*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 MAY

$888

JUN

$944,000

JUL AUG

MEDIAN SALES PRICE

SEP

$530

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$944 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Valley Village DATA*

May 2013

6 month

3 month

May 2014

% change

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

$652,000

$895,000

$660,000

$728,000

11.7%

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

$367

$444

$357

$409

11.4%

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

10

9

6

5

-50.0%

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

18

15

10

13

-27.8%

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

29

30

12

27

-6.9%

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

88

62

120

63

-28.4%

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

2.9

3.3

2

5.4

86.2%

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

62.1%

50.0%

83.3%

48.1%

-22.4%

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

$648,692

$726,333

$740,667

$744,308

14.7%

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

current market snapshot MAY

$652

JUN

$728,000

JUL AUG

MEDIAN SALES PRICE

SEP

$409

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$728 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Woodland Hills DATA*

May 2013

6 month

3 month

May 2014

% change

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

$624,000

$655,000

$665,000

$680,000

9.0%

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

$302

$300

$302

$314

4.0%

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

76

53

35

69

-9.2%

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

81

63

58

80

-1.2%

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

112

120

131

157

40.2%

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

44

48

80

71

61.4%

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

1.5

2.3

3.7

2.3

54.4%

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

72.3%

52.5%

44.3%

51.0%

-29.5%

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

$556,538

$666,000

$675,000

$659,385

18.5%

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

current market snapshot MAY

$624

JUN

$680,000

JUL AUG

MEDIAN SALES PRICE

SEP

$314

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


San Gabriel Valley Macro Market DATA*

May 2013

6 month

3 month

May 2014

% change

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

$886,727

$843,273

$920,455

$915,273

3.2%

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

$444

$467

$480

$504

13.7%

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

331

243

196

274

-17.2%

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

354

254

254

313

-11.6%

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

499

514

424

609

22.0%

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

40

43

59

48

19.3%

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

1.5

2.1

2.2

2.2

47.4%

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

70.9%

49.4%

59.9%

51.4%

-27.6%

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

$770,273

$937,455

$965,424

$904,685

17.4%

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

current market snapshot MAY

$886

JUN

$915,273

JUL AUG

MEDIAN SALES PRICE

SEP

$504

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$915 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Altadena DATA*

May 2013

6 month

3 month

May 2014

% change

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

$500,000

$543,000

$540,000

$675,000

35.0%

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

$361

$417

$342

$407

12.7%

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

37

31

18

44

18.9%

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

50

39

33

38

-24.0%

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

46

53

40

53

15.2%

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

41

42

50

49

19.5%

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

1.2

1.7

2.2

1.2

-3.1%

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

108.7%

73.6%

82.5%

71.7%

-34.0%

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

$492,385

$568,333

$591,667

$582,846

18.4%

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

current market snapshot MAY

$500

JUN

$675,000

JUL AUG

MEDIAN SALES PRICE

SEP

$407

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Arcadia DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,280,000

$1,375,000

$1,580,000

$1,284,000

0.3%

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

$554

$535

$567

$573

3.4%

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

43

39

37

46

7.0%

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

55

34

41

66

20.0%

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

66

89

66

114

72.7%

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

36

54

75

35

-2.8%

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

1.5

2.3

1.8

2.5

61.5%

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

83.3%

38.2%

62.1%

57.9%

-30.5%

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

$1,038,846

$1,477,667

$1,385,333

$1,360,462

31.0%

*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 MAY

$1.280

JUN

$1,284,000

JUL AUG

MEDIAN SALES PRICE

SEP

$573

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.284 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Duarte DATA*

May 2013

6 month

3 month

May 2014

% change

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

$385,000

$436,000

$383,000

$435,000

13.0%

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

$258

$316

$285

$323

25.2%

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

17

4

16

9

-47.1%

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

13

10

12

12

-7.7%

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

19

20

17

29

52.6%

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

48

31

73

54

12.5%

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

1.1

5

1.1

3.2

188.3%

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

68.4%

50.0%

70.6%

41.4%

-39.5%

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

$332,769

$403,667

$449,667

$400,846

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 MAY

$385

JUN

$435,000

JUL AUG

MEDIAN SALES PRICE

SEP

$323

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$435 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Eagle Rock DATA*

May 2013

6 month

3 month

May 2014

% change

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

$530,000

$550,000

$599,000

$673,000

27.0%

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

$392

$383

$374

$450

14.8%

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

19

3

7

4

-78.9%

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

11

7

4

3

-72.7%

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

21

2

12

11

-47.6%

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

26

41

25

46

76.9%

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

1.1

0.7

1.7

2.8

148.8%

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

52.4%

350.0%

33.3%

27.3%

-47.9%

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

$499,077

$642,333

$705,000

$606,385

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 MAY

$530

JUN

$673,000

JUL AUG

MEDIAN SALES PRICE

SEP

$450

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$673 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


La Canada Flintridge DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,225,000

$1,150,000

$1,190,000

$1,298,000

6.0%

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

$484

$537

$601

$506

4.5%

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

19

19

16

24

26.3%

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

35

13

26

22

-37.1%

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

47

42

46

49

4.3%

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

27

53

75

54

100.0%

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

2.5

2.2

2.9

2

-17.5%

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

74.5%

31.0%

56.5%

44.9%

-39.7%

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

$1,176,077

$1,337,667

$1,366,000

$1,279,615

8.8%

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

current market snapshot MAY

$1.225

JUN

$1,298,000

JUL AUG

MEDIAN SALES PRICE

SEP

$506

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.298 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Monrovia DATA*

May 2013

6 month

3 month

May 2014

% change

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

$489,000

$532,000

$552,000

$580,000

18.6%

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

$330

$372

$372

$418

26.7%

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

25

26

15

25

0.0%

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

34

21

19

29

-14.7%

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

49

49

40

59

20.4%

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

39

45

87

55

41.0%

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

2

1.9

2.7

2.4

20.4%

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

69.4%

42.9%

47.5%

49.2%

-29.2%

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

$482,692

$550,500

$579,000

$551,000

14.2%

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

current market snapshot MAY

$489

JUN

$580,000

JUL AUG

MEDIAN SALES PRICE

SEP

$418

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Pasadena DATA*

May 2013

6 month

3 month

May 2014

% change

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

$745,000

$690,000

$605,000

$806,000

8.2%

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

$470

$434

$502

$493

4.9%

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

91

75

47

87

-4.4%

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

94

80

68

88

-6.4%

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

153

162

126

186

21.6%

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

33

47

63

48

45.5%

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

1.7

2.2

2.7

2.1

27.2%

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

61.4%

49.4%

54.0%

47.3%

-23.0%

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

$612,615

$716,500

$774,667

$710,308

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 MAY

$745

JUN

$806,000

JUL AUG

MEDIAN SALES PRICE

SEP

$493

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$806 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


San Gabriel DATA*

May 2013

6 month

3 month

May 2014

% change

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

$610,000

$600,000

$631,000

$776,000

27.2%

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

$378

$405

$389

$422

11.6%

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

43

19

16

10

-76.7%

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

32

22

22

28

-12.5%

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

48

53

43

48

0.0%

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

42

49

93

77

83.3%

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

1.1

2.8

2.7

4.8

330.0%

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

66.7%

41.5%

51.2%

58.3%

-12.5%

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

$542,231

$664,500

$698,000

$648,538

19.6%

*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 MAY

$610

JUN

$776,000

JUL AUG

MEDIAN SALES PRICE

SEP

$422

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$776 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


San Marino DATA*

May 2013

6 month

3 month

May 2014

% change

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

$2,300,000

$1,650,000

$2,280,000

$1,925,000

-16.3%

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

$763

$670

$821

$837

9.7%

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

13

11

7

12

-7.7%

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

9

13

10

9

0.0%

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

20

12

8

17

-15.0%

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

32

43

40

30

-6.2%

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

1.5

1.1

1.1

1.4

-7.9%

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

45.0%

108.3%

125.0%

52.9%

17.6%

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

$1,655,923

$2,172,000

$2,207,333

$2,002,538

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 MAY

$2.300

JUN

$1,925,000

JUL AUG

MEDIAN SALES PRICE

SEP

$837

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.925 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Sierra Madre DATA*

May 2013

6 month

3 month

May 2014

% change

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

$780,000

$835,000

$840,000

$846,000

8.5%

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

$385

$429

$457

$434

12.7%

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

11

13

6

10

-9.1%

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

13

9

9

9

-30.8%

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

15

17

17

26

73.3%

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

62

62

32

49

-21.0%

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

1.4

1.3

2.8

2.6

90.7%

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

86.7%

52.9%

52.9%

34.6%

-60.1%

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

$713,615

$860,000

$869,333

$848,154

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 MAY

$780

JUN

$846,000

JUL AUG

MEDIAN SALES PRICE

SEP

$434

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$846 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


South Pasadena DATA*

May 2013

6 month

3 month

May 2014

% change

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

$910,000

$915,000

$925,000

$770,000

-15.4%

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

$505

$634

$575

$684

35.4%

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

13

3

11

3

-76.9%

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

8

6

10

9

12.5%

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

15

15

9

17

13.3%

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

55

10

31

29

-47.3%

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

1.2

5

0.8

5.7

391.1%

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

53.3%

40.0%

111.1%

52.9%

-0.7%

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

$911,308

$918,833

$993,667

$960,846

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 MAY

$910

JUN

$770,000

JUL AUG

MEDIAN SALES PRICE

SEP

$684

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Orange County

Orange County Macro

Ladera Ranch

San Clemente

Aliso Viejo

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

Micro Market Report : May 2014

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : May 2014

telesproperties.com


Orange County DATA*

May 2013

6 month

3 month

May 2014

% change

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

$630,000

$649,000

$664,500

$676,000

7.3%

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

$377

$382

$411

$405

7.4%

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

1946

1334

1030

1701

-12.6%

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

1885

1253

1374

1820

-3.4%

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

6,467

6,600

6,174

7,189

11.2%

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

52

72

68

51

-1.9%

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

3.3

4.9

6

4.2

27.2%

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

29.1%

19.0%

22.3%

25.3%

-13.1%

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

$556,000

$661,033

$667,000

$651,762

17.2%

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

current market snapshot MAY

$630

JUN

$676,000

JUL AUG

MEDIAN SALES PRICE

SEP

$405

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$676 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Aliso Viejo DATA*

May 2013

6 month

3 month

May 2014

% change

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

$670,000

$718,000

$740,000

$715,000

6.7%

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

$319

$347

$348

$351

10.0%

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

19

11

9

31

63.2%

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

22

11

18

24

9.1%

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

61

67

72

84

37.7%

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

38

70

77

51

34.2%

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

3.2

6.1

8

2.7

-15.6%

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

36.1%

16.4%

25.0%

28.6%

-20.8%

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

$615,000

$722,667

$697,000

$701,838

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 MAY

$670

JUN

$715,000

JUL AUG

MEDIAN SALES PRICE

SEP

$351

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$715 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Balboa Peninsula DATA*

May 2013

6 month

3 month

May 2014

% change

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

$2,500,000

$3,800,000

$3,304,000

$4,500,000

80.0%

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

$730

$1,610

$1,217

$1,498

105.2%

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

11

6

2

7

-36.4%

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

8

4

7

4

-50.0%

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

40

41

38

41

2.5%

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

75

19

109

103

37.3%

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

3.6

6.8

19

5.9

61.1%

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

20.0%

9.8%

18.4%

9.8%

-51.2%

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

$2,007,000

$3,107,333

$3,321,667

$2,988,577

48.9%

*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 MAY

$2.500

JUN

$4,500,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,498

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$4.500 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 : May 2014

telesproperties.com


Corona del Mar - Spyglass DATA*

May 2013

6 month

3 month

May 2014

% change

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

$3,037,500

$2,287,500

$2,500,000

$2,349,000

-22.7%

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

$845

$952

$1,010

$1,067

26.3%

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

12

10

11

13

8.3%

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

16

15

12

10

-37.5%

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

73

65

58

66

-9.6%

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

80

101

62

50

-37.5%

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

6.1

6.5

5.3

5.1

-16.5%

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

21.9%

23.1%

20.7%

15.2%

-30.9%

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

$1,925,000

$2,762,375

$2,697,167

$2,513,538

30.6%

*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 $3.037

MAY JUN

$2,349,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,067

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.349 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Coto de Caza DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,199,500

$1,192,500

$1,210,000

$1,062,000

-11.5%

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

$345

$304

$355

$336

-2.6%

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

29

16

11

26

-10.3%

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

30

20

17

12

-60.0%

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

106

121

120

131

23.6%

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

36

106

69

64

77.8%

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

3.7

7.6

10.9

5

37.8%

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

28.3%

16.5%

14.2%

9.2%

-67.6%

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

$958,000

$1,100,417

$1,152,500

$1,091,746

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 MAY

$1.199

JUN

$1,062,000

JUL AUG

MEDIAN SALES PRICE

SEP

$336

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.062 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Crystal Cove DATA*

May 2013

6 month

3 month

May 2014

% change

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

$4,400,000

$5,474,000

$4,160,000

$5,149,000

17.0%

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

$1,012

$1,033

$1,202

$1,157

14.3%

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

6

2

3

2

-66.7%

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

8

0

4

1

-87.5%

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

29

21

18

23

-20.7%

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

151

0

146

17

-88.7%

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

4.8

10.5

6

11.5

137.9%

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

27.6%

0.0%

22.2%

4.3%

-84.2%

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

$4,060,000

$4,391,333

$4,476,333

$4,685,346

15.4%

*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 MAY

$4.400

JUN

$5,149,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,157

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

11.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$5.149 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Dana Point DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,010,000

$827,500

$914,500

$832,000

-17.6%

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

$474

$440

$708

$541

14.1%

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

44

34

25

30

-31.8%

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

45

31

27

38

-15.6%

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

191

176

142

213

11.5%

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

67

57

86

64

-4.5%

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

4.3

5.2

5.7

7.1

63.6%

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

23.6%

17.6%

19.0%

17.8%

-24.3%

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

$766,000

$882,742

$907,317

$910,765

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 $1.010

MAY JUN

$832,000

JUL AUG

MEDIAN SALES PRICE

SEP

$541

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$832 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


East Bluff - Harbor View DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,905,000

$1,860,500

$1,675,000

$1,925,000

1.0%

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

$574

$602

$631

$667

16.2%

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

25

16

18

19

-24.0%

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

25

20

10

22

-12.0%

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

77

77

77

119

54.5%

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

50

61

35

49

-2.0%

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

3.1

4.8

4.3

6.3

103.3%

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

32.5%

26.0%

13.0%

18.5%

-43.1%

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

$1,412,000

$1,702,250

$1,767,333

$1,752,135

24.1%

*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 MAY

$1.905

JUN

$1,925,000

JUL AUG

MEDIAN SALES PRICE

SEP

$667

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.925 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


East Costa Mesa DATA*

May 2013

6 month

3 month

May 2014

% change

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

$867,500

$846,600

$737,000

$962,694

11.0%

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

$427

$424

$499

$543

27.2%

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

16

13

12

20

25.0%

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

18

10

21

19

5.6%

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

55

59

71

73

32.7%

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

29

51

50

67

131.0%

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

3.4

4.5

5.9

3.6

6.2%

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

32.7%

16.9%

29.6%

26.0%

-20.5%

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

$736,000

$863,199

$899,065

$861,426

17.0%

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

current market snapshot MAY

$867

JUN

$962,694

JUL AUG

MEDIAN SALES PRICE

SEP

$543

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$962 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Fountain Valley DATA*

May 2013

6 month

3 month

May 2014

% change

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

$625,000

$670,000

$647,000

$699,900

12.0%

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

$316

$330

$338

$353

11.7%

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

31

20

20

25

-19.4%

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

34

17

32

17

-50.0%

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

79

75

78

87

10.1%

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

34

24

28

33

-2.9%

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

2.5

3.8

3.9

3.5

36.6%

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

43.0%

22.7%

41.0%

19.5%

-54.6%

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

$585,000

$665,167

$679,667

$658,500

12.6%

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

current market snapshot MAY

$625

JUN

$699,900

JUL AUG

MEDIAN SALES PRICE

SEP

$353

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$699 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Huntington Beach DATA*

May 2013

6 month

3 month

May 2014

% change

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

$695,000

$710,000

$774,500

$730,000

5.0%

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

$402

$398

$420

$427

6.2%

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

131

91

56

105

-19.8%

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

124

97

100

110

-11.3%

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

347

367

346

427

23.1%

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

37

61

49

66

78.4%

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

2.6

4

6.2

4.1

53.5%

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

35.7%

26.4%

28.9%

25.8%

-27.9%

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

$639,000

$737,975

$740,117

$728,527

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 MAY

$695

JUN

$730,000

JUL AUG

MEDIAN SALES PRICE

SEP

$427

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$730 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Irvine DATA*

May 2013

6 month

3 month

May 2014

% change

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

$935,000

$825,000

$940,000

$895,000

-4.3%

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

$455

$453

$476

$474

4.2%

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

97

79

53

94

-3.1%

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

100

71

82

100

0.0%

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

294

321

307

443

50.7%

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

32

55

52

52

62.5%

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

3

4.1

5.8

4.7

55.5%

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

34.0%

22.1%

26.7%

22.6%

-33.6%

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

$806,000

$899,865

$905,833

$897,322

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 MAY

$935

JUN

$895,000

JUL AUG

MEDIAN SALES PRICE

SEP

$474

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$895 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Ladera Ranch DATA*

May 2013

6 month

3 month

May 2014

% change

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

$739,500

$952,500

$860,000

$804,500

8.8%

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

$307

$310

$339

$327

6.5%

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

34

26

16

24

-29.4%

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

42

24

22

35

-16.7%

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

121

115

95

159

31.4%

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

30

67

54

63

110.0%

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

3.6

4.4

5.9

6.6

86.2%

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

34.7%

20.9%

23.2%

22.0%

-36.6%

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

$737,000

$830,109

$798,551

$832,681

13.0%

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

current market snapshot MAY

$739

JUN

$804,500

JUL AUG

MEDIAN SALES PRICE

SEP

$327

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$804 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Laguna Beach DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,550,000

$2,015,000

$2,547,500

$2,050,000

32.3%

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

$942

$939

$1,064

$1,064

13.0%

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

39

27

20

31

-20.5%

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

36

29

28

33

-8.3%

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

257

234

235

260

1.2%

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

50

178

87

92

84.0%

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

6.6

8.7

11.8

8.4

27.3%

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

14.0%

12.4%

11.9%

12.7%

-9.4%

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

$1,445,000

$1,975,750

$2,038,167

$1,839,596

27.3%

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

current market snapshot MAY

$1.550

JUN

$2,050,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,064

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

8.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.050 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 : May 2014

telesproperties.com


Laguna Niguel DATA*

May 2013

6 month

3 month

May 2014

% change

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

$735,200

$740,000

$777,500

$863,950

17.5%

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

$349

$382

$378

$405

16.0%

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

72

31

38

66

-8.3%

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

64

44

60

61

-4.7%

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

211

198

232

323

53.1%

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

36

69

55

67

86.1%

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

2.9

6.4

6.1

4.9

67.0%

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

30.3%

22.2%

25.9%

18.9%

-37.7%

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

$672,000

$799,492

$803,150

$793,004

18.0%

*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 MAY

$735

JUN

$863,950

JUL AUG

MEDIAN SALES PRICE

SEP

$405

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$863 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Laguna Hills DATA*

May 2013

6 month

3 month

May 2014

% change

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

$687,000

$730,000

$785,000

$684,500

-0.4%

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

$308

$331

$348

$363

17.9%

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

24

25

13

24

0.0%

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

31

19

17

25

-19.4%

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

74

73

80

112

51.4%

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

30

43

56

74

146.7%

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

3.1

2.9

6.2

4.7

51.4%

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

41.9%

26.0%

21.2%

22.3%

-46.7%

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

$658,000

$684,483

$663,133

$696,338

5.8%

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

current market snapshot MAY

$687

JUN

$684,500

JUL AUG

MEDIAN SALES PRICE

SEP

$363

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Laguna Woods DATA*

May 2013

6 month

3 month

May 2014

% change

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

$0

$687,000

$0

$0

0%

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

$0

$382

$0

$0

0%

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

0

1

0

0

0%

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

2

0

0

1

-50.0%

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

4

2

0

2

-50.0%

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

13

0

0

41

215.4%

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

0

2

0

0

0%

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

50.0%

0.0%

0%

50.0%

0.0%

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

$582,000

$627,500

$772,000

$621,250

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 MAY JUN

No sales

JUL AUG

MEDIAN SALES PRICE

SEP

No sales

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

No sales MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : May 2014

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

May 2013

6 month

3 month

May 2014

% change

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

$1,400,000

$2,150,000

$2,762,500

$1,955,100

39.6%

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

$919

$955

$1,563

$1,026

11.6%

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

7

5

4

10

42.9%

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

4

4

2

4

0.0%

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

34

38

41

41

20.6%

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

78

36

74

60

-23.1%

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

4.9

7.6

10.2

4.1

-15.6%

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

11.8%

10.5%

4.9%

9.8%

-17.1%

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

$2,282,000

$2,957,058

$3,385,033

$2,832,681

24.1%

*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 MAY

$1.400

JUN

$1,955,100

JUL AUG

MEDIAN SALES PRICE

SEP

$1,026

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.955 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Mission Viejo DATA*

May 2013

6 month

3 month

May 2014

% change

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

$632,500

$670,000

$629,000

$631,500

-0.2%

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

$309

$292

$319

$335

8.4%

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

92

67

53

83

-9.8%

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

105

75

64

92

-12.4%

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

233

266

237

310

33.0%

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

29

50

52

46

58.6%

Month’s Supply of Inventory ................................

2.5

4

4.5

3.7

47.5%

Percent Under Contract ........................................

45.1%

28.2%

27.0%

29.7%

-34.1%

Average Median Price for Last 12 Months ........

$543,000

$628,167

$633,833

$625,308

15.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$632

JUN

$631,500

JUL AUG

MEDIAN SALES PRICE

SEP

$335

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$631 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Newport Beach DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$1,589,000

$1,995,000

$1,650,000

$1,925,000

21.1%

Average Price per Square Foot ...........................

$693

$817

$765

$882

27.3%

Properties Sold .......................................................

67

49

37

63

-6.0%

Properties Pending Sale .......................................

63

49

37

60

-4.8%

Properties For Sale ................................................

280

281

268

351

25.4%

Days on Market (Pending Sale) ...........................

50

61

65

63

26.0%

Month’s Supply of Inventory ................................

4.2

5.7

7.2

5.6

33.3%

Percent Under Contract ........................................

22.5%

17.4%

13.8%

17.1%

-24.0%

Average Median Price for Last 12 Months ........

$1,492,000

$1,812,750

$1,887,167

$1,802,250

20.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.589

JUN

$1,925,000

JUL AUG

MEDIAN SALES PRICE

SEP

$882

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.925 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Newport Coast DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$2,667,500

$2,875,000

$2,650,000

$1,814,250

-32.0%

Average Price per Square Foot ...........................

$812

$793

$960

$785

-3.3%

Properties Sold .......................................................

26

9

7

11

-57.7%

Properties Pending Sale .......................................

21

10

11

11

-47.6%

Properties For Sale ................................................

83

82

76

110

32.5%

Days on Market (Pending Sale) ...........................

99

85

113

151

52.5%

Month’s Supply of Inventory ................................

3.2

9.1

10.9

10

213.3%

Percent Under Contract ........................................

25.3%

12.2%

14.5%

10.0%

-60.5%

Average Median Price for Last 12 Months ........

$2,482,000

$2,859,042

$2,803,917

$2,814,519

13.4%

*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 $2.667

MAY JUN

$1,814,250

JUL AUG

MEDIAN SALES PRICE

SEP

$785

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

10 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.814 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Newport Heights DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$1,075,000

$1,315,000

$1,300,000

$2,416,366

124.8%

Average Price per Square Foot ...........................

$610

$657

$582

$652

6.9%

Properties Sold .......................................................

5

5

3

8

60.0%

Properties Pending Sale .......................................

7

3

3

4

-42.9%

Properties For Sale ................................................

34

28

32

25

-26.5%

Days on Market (Pending Sale) ...........................

34

72

84

108

217.6%

Month’s Supply of Inventory ................................

6.8

5.6

10.7

3.1

-54.0%

Percent Under Contract ........................................

20.6%

10.7%

9.4%

16.0%

-22.3%

Average Median Price for Last 12 Months ........

$1,424,000

$1,895,946

$2,035,455

$1,631,398

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 MAY

$1.075

JUN

$2,416,366

JUL AUG

MEDIAN SALES PRICE

SEP

$652

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.416 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Rancho Santa Margarita DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$636,500

$622,500

$700,000

$643,500

1.1%

Average Price per Square Foot ...........................

$284

$316

$311

$320

12.7%

Properties Sold .......................................................

52

30

35

35

-32.7%

Properties Pending Sale .......................................

67

34

45

58

-13.4%

Properties For Sale ................................................

111

110

121

178

60.4%

Days on Market (Pending Sale) ...........................

32

72

52

47

46.9%

Month’s Supply of Inventory ................................

2.1

3.7

3.5

5.1

138.2%

Percent Under Contract ........................................

60.4%

30.9%

37.2%

32.6%

-46.0%

Average Median Price for Last 12 Months ........

$559,000

$644,917

$638,500

$641,248

14.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$636

JUN

$643,500

JUL AUG

MEDIAN SALES PRICE

SEP

$320

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$643 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


San Clemente DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$802,500

$820,000

$800,000

$853,750

6.4%

Average Price per Square Foot ...........................

$344

$355

$415

$390

13.4%

Properties Sold .......................................................

70

47

49

68

-2.9%

Properties Pending Sale .......................................

77

51

42

70

-9.1%

Properties For Sale ................................................

266

260

247

311

16.9%

Days on Market (Pending Sale) ...........................

54

60

62

67

24.1%

Month’s Supply of Inventory ................................

3.8

5.5

5

4.6

20.4%

Percent Under Contract ........................................

28.9%

19.6%

17.0%

22.5%

-22.2%

Average Median Price for Last 12 Months ........

$727,000

$817,458

$828,917

$821,981

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 MAY

$802

JUN

$853,750

JUL AUG

MEDIAN SALES PRICE

SEP

$390

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$853 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


San Juan Capistrano DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$775,000

$750,000

$1,610,000

$995,000

28.4%

Average Price per Square Foot ...........................

$304

$307

$391

$351

15.5%

Properties Sold .......................................................

38

17

16

25

-34.2%

Properties Pending Sale .......................................

22

20

28

28

27.3%

Properties For Sale ................................................

119

137

127

143

20.2%

Days on Market (Pending Sale) ...........................

43

62

84

80

86.0%

Month’s Supply of Inventory ................................

3.1

8.1

7.9

5.7

82.7%

Percent Under Contract ........................................

18.5%

14.6%

22.0%

19.6%

5.9%

Average Median Price for Last 12 Months ........

$668,000

$930,583

$780,000

$862,900

29.2%

*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 MAY

$775

JUN

$995,000

JUL AUG

MEDIAN SALES PRICE

SEP

$351

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$995 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Shady Canyon DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$8,500,000

$0

$0

$0

-100.0%

Average Price per Square Foot ...........................

$567

$0

$0

$0

-100.0%

Properties Sold .......................................................

1

0

0

0

-100.0%

Properties Pending Sale .......................................

1

0

2

0

-100.0%

Properties For Sale ................................................

10

9

8

3

-70.0%

Days on Market (Pending Sale) ...........................

200

0

208

0

-100.0%

Month’s Supply of Inventory ................................

10

0

0

0

0%

Percent Under Contract ........................................

10.0%

0.0%

25.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$5,105,000

$5,256,333

$4,734,500

$5,713,800

11.9%

*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 MAY

$8.500

JUN

No sales

JUL AUG

MEDIAN SALES PRICE

SEP

No sales

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

No sales MONTH’S SUPPLY OF INVENTORY

MAR APR MAY M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Turtle Ridge DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$1,815,000

$2,802,500

$2,800,000

$3,550,000

95.6%

Average Price per Square Foot ...........................

$613

$693

$692

$725

18.3%

Properties Sold .......................................................

7

4

1

2

-71.4%

Properties Pending Sale .......................................

6

6

5

6

0.0%

Properties For Sale ................................................

18

28

27

35

94.4%

Days on Market (Pending Sale) ...........................

47

70

104

155

229.8%

Month’s Supply of Inventory ................................

2.6

7

27

17.5

580.6%

Percent Under Contract ........................................

33.3%

21.4%

18.5%

17.1%

-48.6%

Average Median Price for Last 12 Months ........

$2,009,000

$2,554,333

$2,772,800

$2,463,541

22.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.815

JUN

$3,550,000

JUL AUG

MEDIAN SALES PRICE

SEP

$725

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

17.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.550 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 : May 2014

telesproperties.com


Turtle Rock DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$1,607,500

$0

$0

$0

-100.0%

Average Price per Square Foot ...........................

$604

$0

$0

$0

-100.0%

Properties Sold .......................................................

2

0

0

0

-100.0%

Properties Pending Sale .......................................

3

1

2

0

-100.0%

Properties For Sale ................................................

10

8

5

3

-70.0%

Days on Market (Pending Sale) ...........................

106

104

144

0

-100.0%

Month’s Supply of Inventory ................................

5

0

0

0

0%

Percent Under Contract ........................................

30.0%

12.5%

40.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$1,105,000

$1,993,629

$1,390,000

$1,678,032

51.9%

*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 MAY

$1.607

JUN

No sales

JUL AUG

MEDIAN SALES PRICE

SEP

No sales

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

No sales MONTH’S SUPPLY OF INVENTORY

MAR APR MAY M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Westminster DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$475,000

$520,000

$539,500

$518,500

9.2%

Average Price per Square Foot ...........................

$301

$320

$322

$307

2.0%

Properties Sold .......................................................

38

31

24

36

-5.3%

Properties Pending Sale .......................................

49

32

35

43

-12.2%

Properties For Sale ................................................

106

104

108

140

32.1%

Days on Market (Pending Sale) ...........................

24

42

35

42

75.0%

Month’s Supply of Inventory ................................

2.8

3.4

4.5

3.9

39.4%

Percent Under Contract ........................................

46.2%

30.8%

32.4%

30.7%

-33.6%

Average Median Price for Last 12 Months ........

$424,000

$516,667

$520,333

$508,962

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 MAY

$475

JUN

$518,500

JUL AUG

MEDIAN SALES PRICE

SEP

$307

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$518 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


West Bay - Santa Ana Heights DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$1,255,000

$1,617,500

$1,338,500

$1,270,000

1.2%

Average Price per Square Foot ...........................

$556

$626

$596

$556

0.0%

Properties Sold .......................................................

13

10

6

9

-30.8%

Properties Pending Sale .......................................

14

10

9

15

7.1%

Properties For Sale ................................................

41

45

41

68

65.9%

Days on Market (Pending Sale) ...........................

32

60

68

58

81.2%

Month’s Supply of Inventory ................................

3.2

4.5

6.8

7.6

139.6%

Percent Under Contract ........................................

34.1%

22.2%

22.0%

22.1%

-35.4%

Average Median Price for Last 12 Months ........

$1,243,000

$1,484,750

$1,473,333

$1,457,269

17.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.255

JUN

$1,270,000

JUL AUG

MEDIAN SALES PRICE

SEP

$556

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.270 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


West Newport - Lido DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$1,650,000

$1,600,000

$1,525,000

$2,850,000

72.7%

Average Price per Square Foot ...........................

$1,318

$1,129

$836

$1,191

-9.6%

Properties Sold .......................................................

6

7

4

10

66.7%

Properties Pending Sale .......................................

5

8

6

11

120.0%

Properties For Sale ................................................

54

52

39

57

5.6%

Days on Market (Pending Sale) ...........................

59

93

47

66

11.9%

Month’s Supply of Inventory ................................

9

7.4

9.8

5.7

-36.7%

Percent Under Contract ........................................

9.3%

15.4%

15.4%

19.3%

108.4%

Average Median Price for Last 12 Months ........

$1,788,000

$2,221,525

$2,794,833

$2,084,319

16.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.650

JUN

$2,850,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,191

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 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 : May 2014

telesproperties.com


County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : May 2014

telesproperties.com


Carpinteria DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$850,500

$2,200,000

$2,875,000

$708,250

-16.7%

Average Price per Square Foot ...........................

$453

$532

$963

$521

15.0%

Properties Sold .......................................................

10

5

3

6

-40.0%

Properties Pending Sale .......................................

5

5

2

2

-60.0%

Properties For Sale ................................................

51

38

38

37

-27.5%

Days on Market (Pending Sale) ...........................

12

33

264

87

625.0%

Month’s Supply of Inventory ................................

5.1

7.6

12.7

6.2

20.9%

Percent Under Contract ........................................

9.8%

13.2%

5.3%

5.4%

-44.9%

Average Median Price for Last 12 Months ........

$976,000

$1,173,163

$818,083

$1,085,611

11.2%

*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 MAY

$850

JUN

$708,250

JUL AUG

MEDIAN SALES PRICE

SEP

$521

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$708 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Goleta DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$689,125

$802,500

$870,000

$780,000

13.2%

Average Price per Square Foot ...........................

$484

$419

$560

$443

-8.5%

Properties Sold .......................................................

10

10

5

8

-20.0%

Properties Pending Sale .......................................

14

6

8

5

-64.3%

Properties For Sale ................................................

34

26

27

18

-47.1%

Days on Market (Pending Sale) ...........................

19

27

16

13

-31.6%

Month’s Supply of Inventory ................................

3.4

2.6

5.4

2.2

-33.8%

Percent Under Contract ........................................

41.2%

23.1%

29.6%

27.8%

-32.5%

Average Median Price for Last 12 Months ........

$684,000

$794,833

$755,000

$771,817

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 MAY

$689

JUN

$780,000

JUL AUG

MEDIAN SALES PRICE

SEP

$443

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$780 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Hope Ranch DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$2,595,500

$3,575,000

$3,750,000

$2,812,500

8.4%

Average Price per Square Foot ...........................

$746

$697

$1,312

$875

17.3%

Properties Sold .......................................................

2

2

1

1

-50.0%

Properties Pending Sale .......................................

2

2

3

3

50.0%

Properties For Sale ................................................

29

40

34

38

31.0%

Days on Market (Pending Sale) ...........................

258

19

16

40

-84.5%

Month’s Supply of Inventory ................................

14.5

20

34

38

162.1%

Percent Under Contract ........................................

6.9%

5.0%

8.8%

7.9%

14.5%

Average Median Price for Last 12 Months ........

$2,643,000

$3,533,042

$3,731,083

$2,988,788

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 MAY

$2.595

JUN

$2,812,500

JUL AUG

MEDIAN SALES PRICE

SEP

$875

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

38 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.812 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Montecito DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$2,500,000

$2,323,750

$2,220,000

$2,167,500

-13.3%

Average Price per Square Foot ...........................

$795

$1,146

$1,197

$871

9.6%

Properties Sold .......................................................

31

14

8

18

-41.9%

Properties Pending Sale .......................................

33

19

8

27

-18.2%

Properties For Sale ................................................

214

175

151

195

-8.9%

Days on Market (Pending Sale) ...........................

50

168

212

86

72.0%

Month’s Supply of Inventory ................................

6.9

12.5

18.9

10.8

56.9%

Percent Under Contract ........................................

15.4%

10.9%

5.3%

13.8%

-10.2%

Average Median Price for Last 12 Months ........

$2,342,000

$2,345,000

$2,551,667

$2,387,558

1.9%

*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 MAY

$2.500

JUN

$2,167,500

JUL AUG

MEDIAN SALES PRICE

SEP

$871

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

10.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.167 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Santa Barbara East of State DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$862,000

$925,000

$1,203,000

$1,425,000

65.3%

Average Price per Square Foot ...........................

$580

$592

$536

$659

13.6%

Properties Sold .......................................................

34

21

18

41

20.6%

Properties Pending Sale .......................................

35

25

22

21

-40.0%

Properties For Sale ................................................

130

124

99

119

-8.5%

Days on Market (Pending Sale) ...........................

62

71

28

40

-35.5%

Month’s Supply of Inventory ................................

3.8

5.9

5.5

2.9

-24.1%

Percent Under Contract ........................................

26.9%

20.2%

22.2%

17.6%

-34.5%

Average Median Price for Last 12 Months ........

$904,000

$1,250,083

$1,311,667

$1,130,145

25.0%

*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 MAY

$862

JUN

$1,425,000

JUL AUG

MEDIAN SALES PRICE

SEP

$659

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.425 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Santa Barbara West of State DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$879,500

$850,000

$905,000

$950,000

8.0%

Average Price per Square Foot ...........................

$534

$613

$565

$500

-6.4%

Properties Sold .......................................................

34

19

13

27

-20.6%

Properties Pending Sale .......................................

26

20

18

20

-23.1%

Properties For Sale ................................................

79

67

63

69

-12.7%

Days on Market (Pending Sale) ...........................

30

35

55

24

-20.0%

Month’s Supply of Inventory ................................

2.3

3.5

4.8

2.6

10.0%

Percent Under Contract ........................................

32.9%

29.9%

28.6%

29.0%

-11.9%

Average Median Price for Last 12 Months ........

$705,000

$947,583

$955,833

$922,846

30.9%

*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 MAY

$879

JUN

$950,000

JUL AUG

MEDIAN SALES PRICE

SEP

$500

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Santa Ynez DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$649,500

$618,000

$785,000

$600,000

-7.6%

Average Price per Square Foot ...........................

$323

$301

$328

$463

43.3%

Properties Sold .......................................................

10

7

5

11

10.0%

Properties Pending Sale .......................................

8

9

11

13

62.5%

Properties For Sale ................................................

92

113

106

126

37.0%

Days on Market (Pending Sale) ...........................

64

36

223

92

43.8%

Month’s Supply of Inventory ................................

9.2

16.1

21.2

11.5

24.5%

Percent Under Contract ........................................

8.7%

8.0%

10.4%

10.3%

18.7%

Average Median Price for Last 12 Months ........

$706,000

$691,667

$590,833

$660,731

-6.4%

*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 MAY

$649

JUN

$600,000

JUL AUG

MEDIAN SALES PRICE

SEP

$463

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

11.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

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Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : May 2014

telesproperties.com


County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : May 2014

telesproperties.com


Carmel DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$1,262,500

$1,462,500

$1,587,500

$1,072,500

-15.0%

Average Price per Square Foot ...........................

$710

$937

$807

$729

2.7%

Properties Sold .......................................................

28

14

22

30

7.1%

Properties Pending Sale .......................................

25

22

25

29

16.0%

Properties For Sale ................................................

158

149

149

153

-3.2%

Days on Market (Pending Sale) ...........................

141

109

103

102

-27.7%

Month’s Supply of Inventory ................................

5.6

10.6

6.8

5.1

-9.6%

Percent Under Contract ........................................

15.8%

14.8%

16.8%

19.0%

19.8%

Average Median Price for Last 12 Months ........

$1,220,000

$1,404,063

$1,239,167

$1,296,317

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 MAY

$1.262

JUN

$1,072,500

JUL AUG

MEDIAN SALES PRICE

SEP

$729

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.072 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Carmel Valley DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$800,000

$1,200,000

$1,317,500

$1,039,000

29.9%

Average Price per Square Foot ...........................

$397

$630

$431

$445

12.1%

Properties Sold .......................................................

17

7

10

17

0.0%

Properties Pending Sale .......................................

11

12

8

17

54.5%

Properties For Sale ................................................

104

111

85

99

-4.8%

Days on Market (Pending Sale) ...........................

65

103

64

66

1.5%

Month’s Supply of Inventory ................................

6.1

15.9

8.5

5.8

-4.8%

Percent Under Contract ........................................

10.6%

10.8%

9.4%

17.2%

62.4%

Average Median Price for Last 12 Months ........

$847,000

$1,099,542

$988,250

$1,006,942

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 MAY

$800

JUN

$1,039,000

JUL AUG

MEDIAN SALES PRICE

SEP

$445

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.039 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Pacific Grove DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$603,250

$695,000

$745,000

$702,500

16.5%

Average Price per Square Foot ...........................

$599

$517

$451

$460

-23.2%

Properties Sold .......................................................

14

11

5

14

0.0%

Properties Pending Sale .......................................

12

13

15

12

0.0%

Properties For Sale ................................................

57

50

54

58

1.8%

Days on Market (Pending Sale) ...........................

22

94

82

50

127.3%

Month’s Supply of Inventory ................................

4.1

4.5

10.8

4.1

1.8%

Percent Under Contract ........................................

21.1%

26.0%

27.8%

20.7%

-1.7%

Average Median Price for Last 12 Months ........

$619,000

$737,409

$702,567

$713,796

15.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$603

JUN

$702,500

JUL AUG

MEDIAN SALES PRICE

SEP

$460

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Pebble Beach DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$935,000

$1,027,725

$1,354,000

$1,445,000

54.5%

Average Price per Square Foot ...........................

$660

$529

$735

$995

50.8%

Properties Sold .......................................................

7

6

14

13

85.7%

Properties Pending Sale .......................................

7

10

9

11

57.1%

Properties For Sale ................................................

96

92

78

79

-17.7%

Days on Market (Pending Sale) ...........................

398

150

191

116

-70.9%

Month’s Supply of Inventory ................................

13.7

15.3

5.6

6.1

-55.7%

Percent Under Contract ........................................

7.3%

10.9%

11.5%

13.9%

91.0%

Average Median Price for Last 12 Months ........

$1,256,000

$1,591,583

$1,425,833

$1,449,979

15.4%

*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 MAY

$935

JUN

$1,445,000

JUL AUG

MEDIAN SALES PRICE

SEP

$995

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.445 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 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 : May 2014

telesproperties.com


County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : May 2014

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Beverly Center - Miracle Mile DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$497,500

$747,500

$769,500

$645,500

29.7%

Average Price per Square Foot ...........................

$488

$538

$605

$504

3.3%

Properties Sold .......................................................

4

12

4

8

100.0%

Properties Pending Sale .......................................

6

14

11

15

150.0%

Properties For Sale ................................................

26

37

24

39

50.0%

Days on Market (Pending Sale) ...........................

26

61

56

27

3.8%

Month’s Supply of Inventory ................................

6.5

3.1

6

4.9

-25.0%

Percent Under Contract ........................................

23.1%

37.8%

45.8%

38.5%

66.7%

Average Median Price for Last 12 Months ........

$525,000

$685,000

$673,500

$671,577

27.9%

*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 MAY

$497

JUN

$645,500

JUL AUG

MEDIAN SALES PRICE

SEP

$504

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

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Beverly Hills DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$968,000

$905,000

$1,288,000

$1,152,500

19.1%

Average Price per Square Foot ...........................

$835

$573

$612

$716

-14.3%

Properties Sold .......................................................

13

4

10

12

-7.7%

Properties Pending Sale .......................................

10

8

8

11

10.0%

Properties For Sale ................................................

43

49

49

56

30.2%

Days on Market (Pending Sale) ...........................

77

37

83

42

-45.5%

Month’s Supply of Inventory ................................

3.3

12.2

4.9

4.7

41.1%

Percent Under Contract ........................................

23.3%

16.3%

16.3%

19.6%

-15.5%

Average Median Price for Last 12 Months ........

$882,000

$1,078,000

$1,005,833

$983,846

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 MAY

$968

JUN

$1,152,500

JUL AUG

MEDIAN SALES PRICE

SEP

$716

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.152 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Brentwood DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$639,950

$600,000

$747,000

$672,500

5.1%

Average Price per Square Foot ...........................

$521

$441

$466

$513

-1.5%

Properties Sold .......................................................

22

9

9

20

-9.1%

Properties Pending Sale .......................................

25

15

13

20

-20.0%

Properties For Sale ................................................

84

68

66

86

2.4%

Days on Market (Pending Sale) ...........................

35

33

46

37

5.7%

Month’s Supply of Inventory ................................

3.8

7.6

7.3

4.3

12.6%

Percent Under Contract ........................................

29.8%

22.1%

19.7%

23.3%

-21.9%

Average Median Price for Last 12 Months ........

$669,000

$775,000

$772,333

$722,573

8.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$639

JUN

$672,500

JUL AUG

MEDIAN SALES PRICE

SEP

$513

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$672 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Culver City DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$385,000

$466,500

$392,500

$410,000

6.5%

Average Price per Square Foot ...........................

$357

$369

$354

$415

16.2%

Properties Sold .......................................................

17

10

10

16

-5.9%

Properties Pending Sale .......................................

27

10

16

22

-18.5%

Properties For Sale ................................................

42

34

44

52

23.8%

Days on Market (Pending Sale) ...........................

21

22

41

28

33.3%

Month’s Supply of Inventory ................................

2.5

3.4

4.4

3.2

31.5%

Percent Under Contract ........................................

64.3%

29.4%

36.4%

42.3%

-34.2%

Average Median Price for Last 12 Months ........

$329,000

$401,833

$413,000

$405,274

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 MAY

$385

JUN

$410,000

JUL AUG

MEDIAN SALES PRICE

SEP

$415

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$410 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Encino DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$266,000

$280,000

$377,000

$320,000

20.3%

Average Price per Square Foot ...........................

$247

$229

$288

$267

8.1%

Properties Sold .......................................................

24

7

12

15

-37.5%

Properties Pending Sale .......................................

18

13

17

24

33.3%

Properties For Sale ................................................

21

37

33

40

90.5%

Days on Market (Pending Sale) ...........................

45

44

57

59

31.1%

Month’s Supply of Inventory ................................

0.9

5.3

2.8

2.7

204.8%

Percent Under Contract ........................................

85.7%

35.1%

51.5%

60.0%

-30.0%

Average Median Price for Last 12 Months ........

$229,923

$311,167

$310,667

$296,538

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 MAY

$266

JUN

$320,000

JUL AUG

MEDIAN SALES PRICE

SEP

$267

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$320 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Malibu DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$443,500

$0

$817,500

$1,025,000

131.1%

Average Price per Square Foot ...........................

$458

$0

$478

$480

4.8%

Properties Sold .......................................................

4

0

2

3

-25.0%

Properties Pending Sale .......................................

2

2

2

1

-50.0%

Properties For Sale ................................................

19

24

22

17

-10.5%

Days on Market (Pending Sale) ...........................

142

23

32

15

-89.4%

Month’s Supply of Inventory ................................

4.8

0

11

5.7

19.3%

Percent Under Contract ........................................

10.5%

8.3%

9.1%

5.9%

-44.1%

Average Median Price for Last 12 Months ........

$645,000

$792,667

$895,333

$768,136

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 MAY

$443

JUN

$1,025,000

JUL AUG

MEDIAN SALES PRICE

SEP

$480

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.025 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Marina Del Rey DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$733,750

$685,000

$752,000

$817,500

11.4%

Average Price per Square Foot ...........................

$511

$517

$466

$511

0.0%

Properties Sold .......................................................

28

19

21

26

-7.1%

Properties Pending Sale .......................................

27

24

27

32

18.5%

Properties For Sale ................................................

136

148

140

146

7.4%

Days on Market (Pending Sale) ...........................

70

64

56

76

8.6%

Month’s Supply of Inventory ................................

4.9

7.8

6.7

5.6

15.6%

Percent Under Contract ........................................

19.9%

16.2%

19.3%

21.9%

10.4%

Average Median Price for Last 12 Months ........

$624,000

$738,233

$761,667

$742,024

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 MAY

$733

JUN

$817,500

JUL AUG

MEDIAN SALES PRICE

SEP

$511

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$817 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Santa Monica DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$780,000

$717,750

$694,800

$884,500

13.4%

Average Price per Square Foot ...........................

$721

$651

$795

$752

4.3%

Properties Sold .......................................................

41

32

23

28

-31.7%

Properties Pending Sale .......................................

30

28

41

40

33.3%

Properties For Sale ................................................

88

101

124

156

77.3%

Days on Market (Pending Sale) ...........................

37

42

54

42

13.5%

Month’s Supply of Inventory ................................

2.1

3.2

5.4

5.6

159.6%

Percent Under Contract ........................................

34.1%

27.7%

33.1%

25.6%

-24.8%

Average Median Price for Last 12 Months ........

$722,000

$776,550

$803,167

$789,965

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 MAY

$780

JUN

$884,500

JUL AUG

MEDIAN SALES PRICE

SEP

$752

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$884 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Sherman Oaks DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$340,000

$380,000

$381,000

$413,000

21.5%

Average Price per Square Foot ...........................

$288

$313

$293

$313

8.7%

Properties Sold .......................................................

23

18

12

21

-8.7%

Properties Pending Sale .......................................

23

21

18

16

-30.4%

Properties For Sale ................................................

17

35

35

53

211.8%

Days on Market (Pending Sale) ...........................

56

45

53

60

7.1%

Month’s Supply of Inventory ................................

0.7

1.9

2.9

2.5

241.5%

Percent Under Contract ........................................

135.3%

60.0%

51.4%

30.2%

-77.7%

Average Median Price for Last 12 Months ........

$307,077

$402,333

$396,333

$385,154

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 MAY

$340

JUN

$413,000

JUL AUG

MEDIAN SALES PRICE

SEP

$313

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$413 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Studio City DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$516,000

$380,000

$439,000

$540,000

4.7%

Average Price per Square Foot ...........................

$353

$359

$396

$340

-3.7%

Properties Sold .......................................................

17

6

9

7

-58.8%

Properties Pending Sale .......................................

23

12

10

8

-65.2%

Properties For Sale ................................................

17

29

29

37

117.6%

Days on Market (Pending Sale) ...........................

37

63

47

97

162.2%

Month’s Supply of Inventory ................................

1

4.8

3.2

5.3

428.6%

Percent Under Contract ........................................

135.3%

41.4%

34.5%

21.6%

-84.0%

Average Median Price for Last 12 Months ........

$420,308

$488,500

$486,667

$470,538

12.0%

*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 MAY

$516

JUN

$540,000

JUL AUG

MEDIAN SALES PRICE

SEP

$340

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

telesproperties.com


Venice DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$1,160,000

$899,000

$1,179,000

$1,643,000

41.6%

Average Price per Square Foot ...........................

$670

$597

$788

$1,088

62.4%

Properties Sold .......................................................

13

7

5

2

-84.6%

Properties Pending Sale .......................................

6

2

3

8

33.3%

Properties For Sale ................................................

18

10

11

29

61.1%

Days on Market (Pending Sale) ...........................

26

102

23

14

-46.2%

Month’s Supply of Inventory ................................

1.4

1.4

2.2

14.5

947.2%

Percent Under Contract ........................................

33.3%

20.0%

27.3%

27.6%

-17.2%

Average Median Price for Last 12 Months ........

$1,066,000

$1,176,660

$1,173,100

$1,094,317

2.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.160

JUN

$1,643,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,088

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

14.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.643 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


West Hollywood DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$494,500

$775,000

$563,750

$610,000

23.4%

Average Price per Square Foot ...........................

$505

$611

$506

$551

9.1%

Properties Sold .......................................................

28

19

24

29

3.6%

Properties Pending Sale .......................................

38

29

27

32

-15.8%

Properties For Sale ................................................

127

128

108

138

8.7%

Days on Market (Pending Sale) ...........................

32

79

39

42

31.2%

Month’s Supply of Inventory ................................

4.5

6.7

4.5

4.8

4.9%

Percent Under Contract ........................................

29.9%

22.7%

25.0%

23.2%

-22.5%

Average Median Price for Last 12 Months ........

$476,000

$628,625

$646,333

$588,885

23.7%

*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 MAY

$494

JUN

$610,000

JUL AUG

MEDIAN SALES PRICE

SEP

$551

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$610 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


West LA DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$680,000

$760,000

$600,000

$706,000

3.8%

Average Price per Square Foot ...........................

$417

$460

$441

$476

14.1%

Properties Sold .......................................................

17

9

13

9

-47.1%

Properties Pending Sale .......................................

11

7

12

20

81.8%

Properties For Sale ................................................

41

44

44

66

61.0%

Days on Market (Pending Sale) ...........................

21

47

43

32

52.4%

Month’s Supply of Inventory ................................

2.4

4.9

3.4

7.3

204.1%

Percent Under Contract ........................................

26.8%

15.9%

27.3%

30.3%

12.9%

Average Median Price for Last 12 Months ........

$584,000

$634,542

$625,000

$649,981

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 MAY

$680

JUN

$706,000

JUL AUG

MEDIAN SALES PRICE

SEP

$476

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$706 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2014

telesproperties.com


Westwood - Century City DATA*

May 2013

6 month

3 month

May 2014

% change

Median Price ..........................................................

$706,950

$654,000

$816,063

$805,000

13.9%

Average Price per Square Foot ...........................

$535

$589

$608

$677

26.5%

Properties Sold .......................................................

40

44

40

39

-2.5%

Properties Pending Sale .......................................

48

39

39

44

-8.3%

Properties For Sale ................................................

274

277

268

294

7.3%

Days on Market (Pending Sale) ...........................

33

64

89

58

75.8%

Month’s Supply of Inventory ................................

6.8

6.3

6.7

7.5

10.1%

Percent Under Contract ........................................

17.5%

14.1%

14.6%

15.0%

-14.6%

Average Median Price for Last 12 Months ........

$631,000

$750,844

$764,667

$732,657

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 MAY

$706

JUN

$805,000

JUL AUG

MEDIAN SALES PRICE

SEP

$677

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$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 : May 2014

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