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

telesproperties.com


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

Micro Market Report : November 2014

telesproperties.com


Los Angeles County DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$837,500

$900,500

$902,500

$720,000

-14.0%

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

$555

$633

$641

$568

2.3%

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

640

800

772

460

-28.1%

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

678

885

855

537

-20.8%

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

3,425

3,817

3,937

2,589

-24.4%

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

56

44

48

50

-10.7%

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

5.4

4.8

5.1

5.6

5.2%

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

19.8%

23.2%

21.7%

20.7%

4.8%

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

$736,000

$902,983

$846,667

$887,012

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 NOV

$837

DEC

$720,000

JAN FEB

MEDIAN SALES PRICE

MAR

$568

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$720 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Bel-Air Holmby Hills DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$2,249,500

$3,408,794

$1,945,500

$1,450,000

-35.5%

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

$736

$947

$872

$1,188

61.4%

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

15

15

10

10

-33.3%

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

12

15

14

16

33.3%

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

121

112

121

123

1.7%

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

93

59

65

94

1.1%

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

8.1

7.5

12.1

12.3

52.5%

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

9.9%

13.4%

11.6%

13.0%

31.2%

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

$1,921,000

$2,144,933

$2,188,700

$2,557,800

24.9%

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

current market snapshot NOV

$2.249

DEC

$1,450,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,188

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

12.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Beverly Center - Miracle Mile DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,607,500

$1,230,000

$1,275,000

$1,499,549

-6.7%

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

$588

$632

$621

$677

15.1%

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

8

21

17

16

100.0%

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

13

21

17

11

-15.4%

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

57

67

71

62

8.8%

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

51

37

38

23

-54.9%

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

7.1

3.2

4.2

3.9

-45.6%

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

22.8%

31.3%

23.9%

17.7%

-22.2%

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

$1,158,000

$1,391,383

$1,443,266

$1,349,004

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 NOV

$1.607

DEC

$1,499,549

JAN FEB

MEDIAN SALES PRICE

MAR

$677

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.499 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Beverly Hills DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$4,797,500

$6,350,000

$3,082,500

$6,200,000

29.2%

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

$1,225

$1,456

$1,325

$1,329

8.5%

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

10

14

14

9

-10.0%

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

12

12

12

7

-41.7%

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

98

95

97

86

-12.2%

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

137

51

93

74

-46.0%

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

9.8

6.8

6.9

9.6

-2.5%

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

12.2%

12.6%

12.4%

8.1%

-33.5%

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

$4,580,000

$3,737,500

$4,499,167

$4,569,069

-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 NOV

$4.797

DEC

$6,200,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,329

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

9.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$6.200 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 : November 2014

telesproperties.com


Beverly Hills- Post Office DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,679,000

$2,065,000

$2,370,000

$2,616,500

55.8%

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

$740

$664

$747

$943

27.4%

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

12

12

15

10

-16.7%

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

12

18

10

14

16.7%

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

116

124

131

130

12.1%

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

64

93

72

83

29.7%

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

9.7

10.3

8.7

13

34.5%

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

10.3%

14.5%

7.6%

10.8%

4.1%

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

$1,963,000

$2,648,583

$2,993,833

$2,420,231

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 NOV

$1.679

DEC

$2,616,500

JAN FEB

MEDIAN SALES PRICE

MAR

$943

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

13 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.616 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Beverlywood DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$849,000

$865,000

$1,150,000

$801,000

-5.7%

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

$533

$542

$622

$550

3.2%

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

14

17

17

8

-42.9%

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

14

21

18

18

28.6%

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

56

66

65

54

-3.6%

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

31

27

43

32

3.2%

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

4

3.9

3.8

6.8

68.8%

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

25.0%

31.8%

27.7%

33.3%

33.3%

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

$827,000

$984,333

$915,500

$972,577

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 NOV

$849

DEC

$801,000

JAN FEB

MEDIAN SALES PRICE

MAR

$550

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$801 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Brentwood DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$2,082,500

$3,166,500

$2,400,000

$2,224,995

6.8%

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

$780

$1,071

$1,053

$965

23.7%

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

16

22

20

19

18.8%

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

19

31

20

32

68.4%

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

104

123

103

110

5.8%

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

54

52

59

53

-1.9%

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

6.5

5.6

5.2

5.8

-10.9%

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

18.3%

25.2%

19.4%

29.1%

59.2%

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

$2,261,000

$2,702,249

$2,788,665

$2,724,636

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 NOV

$2.082

DEC

$2,224,995

JAN FEB

MEDIAN SALES PRICE

MAR

$965

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.224 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,511,500

$1,492,500

$1,348,000

$1,475,000

-2.4%

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

$605

$815

$700

$716

18.3%

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

4

8

10

5

25.0%

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

3

12

5

12

300.0%

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

14

27

26

29

107.1%

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

32

23

17

67

109.4%

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

3.5

3.4

2.6

5.8

65.7%

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

21.4%

44.4%

19.2%

41.4%

93.1%

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

$1,372,000

$1,637,583

$1,772,500

$1,605,338

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 NOV

$1.511

DEC

$1,475,000

JAN FEB

MEDIAN SALES PRICE

MAR

$716

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Culver City DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$790,750

$860,000

$827,550

$825,000

4.3%

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

$575

$597

$582

$557

-3.1%

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

8

13

12

8

0.0%

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

12

18

21

14

16.7%

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

36

40

57

45

25.0%

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

43

28

45

35

-18.6%

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

4.5

3.1

4.8

5.6

25.0%

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

33.3%

45.0%

36.8%

31.1%

-6.7%

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

$759,000

$832,800

$815,333

$817,273

7.1%

*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 NOV

$790

DEC

$825,000

JAN FEB

MEDIAN SALES PRICE

MAR

$557

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Hancock Park - Wilshire DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,475,000

$1,078,250

$1,294,000

$1,255,000

-14.9%

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

$592

$586

$644

$656

10.8%

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

23

22

27

25

8.7%

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

16

26

23

28

75.0%

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

98

113

108

105

7.1%

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

47

35

52

66

40.4%

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

4.3

5.1

4

4.2

-1.4%

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

16.3%

23.0%

21.3%

26.7%

63.3%

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

$1,178,000

$1,373,167

$1,306,667

$1,352,035

12.9%

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

current market snapshot NOV

$1.475

DEC

$1,255,000

JAN FEB

MEDIAN SALES PRICE

MAR

$656

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.255 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Hollywood DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$618,000

$1,325,000

$681,500

$795,000

28.6%

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

$423

$553

$532

$472

11.6%

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

5

5

4

7

40.0%

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

3

10

8

7

133.3%

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

16

32

26

32

100.0%

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

58

62

63

36

-37.9%

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

3.2

6.4

6.5

4.6

42.9%

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

18.8%

31.2%

30.8%

21.9%

16.7%

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

$670,000

$791,769

$791,500

$901,718

25.7%

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

current market snapshot NOV

$618

DEC

$795,000

JAN FEB

MEDIAN SALES PRICE

MAR

$472

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$795 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Hollywood Hills East DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,041,000

$965,000

$1,199,950

$1,048,500

0.7%

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

$518

$549

$583

$512

-1.2%

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

10

11

6

8

-20.0%

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

4

12

13

9

125.0%

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

45

62

65

61

35.6%

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

29

34

35

52

79.3%

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

11.2

5.2

5

7.6

-32.2%

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

8.9%

19.4%

20.0%

14.8%

66.0%

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

$994,000

$1,131,475

$1,117,750

$1,183,565

16.0%

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

current market snapshot NOV

$1.041

DEC

$1,048,500

JAN FEB

MEDIAN SALES PRICE

MAR

$512

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.048 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Laurel Canyon DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,243,500

$1,390,000

$1,450,000

$1,555,000

25.1%

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

$563

$713

$722

$727

29.1%

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

17

29

23

20

17.6%

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

15

27

28

23

53.3%

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

130

142

141

144

10.8%

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

64

55

54

44

-31.2%

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

8.7

5.3

5

7.2

-16.9%

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

11.5%

19.0%

19.9%

16.0%

38.4%

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

$1,201,000

$1,408,000

$1,473,333

$1,377,534

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 NOV

$1.243

DEC

$1,555,000

JAN FEB

MEDIAN SALES PRICE

MAR

$727

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.555 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Los Feliz DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,097,000

$1,180,000

$1,441,000

$1,214,300

10.7%

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

$540

$693

$615

$628

16.3%

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

12

21

16

20

66.7%

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

12

21

17

18

50.0%

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

72

94

79

80

11.1%

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

52

38

32

45

-13.5%

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

6

4.5

4.6

4

-33.3%

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

16.7%

22.3%

21.5%

22.5%

35.0%

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

$1,133,000

$1,313,550

$1,292,600

$1,277,523

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 NOV

$1.097

DEC

$1,214,300

JAN FEB

MEDIAN SALES PRICE

MAR

$628

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.214 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Malibu DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,837,500

$2,775,000

$1,875,000

$2,125,000

15.6%

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

$808

$792

$608

$798

-1.2%

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

18

17

9

11

-38.9%

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

15

17

25

15

0.0%

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

182

201

217

204

12.1%

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

114

136

98

128

12.3%

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

10.1

11.8

24.1

18.5

83.4%

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

8.2%

8.5%

11.5%

7.4%

-10.8%

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

$1,880,000

$2,494,583

$2,742,500

$2,410,535

22.0%

*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 NOV

$1.837

DEC

$2,125,000

JAN FEB

MEDIAN SALES PRICE

MAR

$798

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

18.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.125 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Malibu Beach DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$5,075,000

$9,930,000

$5,912,500

$8,200,000

61.6%

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

$1,443

$2,422

$2,731

$3,513

143.5%

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

2

1

8

4

100.0%

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

11

2

5

3

-72.7%

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

70

80

77

72

2.9%

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

178

72

103

119

-33.1%

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

35

80

9.6

18

-48.6%

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

15.7%

2.5%

6.5%

4.2%

-73.5%

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

$6,587,000

$7,638,750

$9,825,000

$6,649,529

0.9%

*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 NOV

$5.075

DEC

$8,200,000

JAN FEB

MEDIAN SALES PRICE

MAR

$3,513

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

18 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$8.200 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 : November 2014

telesproperties.com


Marina Del Rey DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,900,000

$1,735,000

$1,590,000

$1,200,000

-36.8%

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

$544

$631

$655

$649

19.3%

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

3

9

2

5

66.7%

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

2

5

4

1

-50.0%

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

24

23

25

21

-12.5%

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

37

52

73

174

370.3%

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

8

2.6

12.5

4.2

-47.5%

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

8.3%

21.7%

16.0%

4.8%

-42.9%

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

$1,594,000

$1,641,700

$1,179,167

$1,651,125

3.5%

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

current market snapshot $1.900

NOV DEC

$1,200,000

JAN FEB

MEDIAN SALES PRICE

MAR

$649

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Mid Los Angeles DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$490,000

$625,000

$594,000

$415,000

-15.3%

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

$295

$353

$347

$293

-0.7%

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

17

13

11

27

58.8%

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

22

12

17

26

18.2%

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

71

55

74

132

85.9%

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

42

39

36

50

19.0%

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

4.2

4.2

6.7

4.9

17.1%

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

31.0%

21.8%

23.0%

19.7%

-36.4%

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

$432,000

$541,267

$514,533

$520,897

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 NOV

$490

DEC

$415,000

JAN FEB

MEDIAN SALES PRICE

MAR

$293

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$415 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Mid Wilshire DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$562,000

$595,000

$662,000

$470,000

-16.4%

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

$308

$419

$310

$215

-30.2%

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

3

3

5

3

0.0%

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

2

0

5

4

100.0%

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

11

24

16

26

136.4%

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

34

0

57

56

64.7%

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

3.7

8

3.2

8.7

136.4%

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

18.2%

0.0%

31.2%

15.4%

-15.4%

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

$494,000

$619,417

$583,167

$619,364

20.2%

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

current market snapshot NOV

$562

DEC

$470,000

JAN FEB

MEDIAN SALES PRICE

MAR

$215

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

8.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$470 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Pacific Palisades DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$2,275,000

$3,010,000

$2,225,000

$2,539,400

11.6%

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

$909

$929

$957

$967

6.4%

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

14

29

23

18

28.6%

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

20

44

20

18

-10.0%

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

120

131

113

112

-6.7%

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

57

53

42

39

-31.6%

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

8.6

4.5

4.9

6.2

-27.4%

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

16.7%

33.6%

17.7%

16.1%

-3.6%

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

$2,207,000

$2,464,478

$2,383,133

$2,586,644

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 NOV

$2.275

DEC

$2,539,400

JAN FEB

MEDIAN SALES PRICE

MAR

$967

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.539 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Palms - Mar Vista DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,121,000

$989,000

$987,000

$1,155,145

3.0%

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

$617

$661

$673

$625

1.3%

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

26

24

22

27

3.8%

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

21

23

24

18

-14.3%

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

58

74

84

70

20.7%

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

40

21

31

50

25.0%

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

2.2

3.1

3.8

2.6

16.2%

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

36.2%

31.1%

28.6%

25.7%

-29.0%

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

$896,000

$1,049,191

$1,091,715

$1,059,434

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 NOV

$1.121

DEC

$1,155,145

JAN FEB

MEDIAN SALES PRICE

MAR

$625

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.155 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Playa Del Rey DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,036,000

$1,268,000

$1,287,000

$955,000

-7.8%

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

$707

$532

$681

$651

-7.9%

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

5

3

2

1

-80.0%

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

1

4

4

3

200.0%

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

11

16

17

24

118.2%

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

49

34

30

17

-65.3%

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

2.2

5.3

8.5

24

990.9%

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

9.1%

25.0%

23.5%

12.5%

37.5%

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

$1,165,000

$1,162,583

$1,168,667

$1,199,327

2.9%

*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 NOV

$1.036

DEC

$955,000

JAN FEB

MEDIAN SALES PRICE

MAR

$651

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

24 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Playa Vista DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$0

$0

$1,187,500

$1,182,500

0%

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

$0

$0

$492

$523

0%

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

0

0

2

2

0%

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

1

1

0

2

100.0%

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

5

10

6

6

20.0%

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

6

33

0

21

250.0%

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

0

0

3

3

0%

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

20.0%

10.0%

0.0%

33.3%

66.7%

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

$1,312,000

$1,202,792

$1,319,417

$1,201,305

-9.2%

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

current market snapshot NOV DEC

$1,182,500

JAN FEB

MEDIAN SALES PRICE

MAR

$523

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.182 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Santa Monica DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$2,085,750

$1,575,000

$2,043,250

$2,184,100

4.7%

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

$794

$945

$898

$1,165

46.7%

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

19

17

18

13

-31.6%

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

15

23

19

16

6.7%

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

79

89

77

79

0.0%

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

40

46

52

51

27.5%

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

4.2

5.2

4.3

6.1

46.2%

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

19.0%

25.8%

24.7%

20.3%

6.7%

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

$2,006,000

$2,037,392

$2,112,867

$1,947,431

-3.0%

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

current market snapshot NOV

$2.085

DEC

$2,184,100

JAN FEB

MEDIAN SALES PRICE

MAR

$1,165

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.184 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,400,000

$1,842,759

$1,850,000

$1,850,000

32.1%

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

$698

$759

$822

$684

-2.0%

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

27

35

31

27

0.0%

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

28

39

40

31

10.7%

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

242

252

259

280

15.7%

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

64

60

81

61

-4.7%

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

9

7.2

8.4

10.4

15.7%

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

11.6%

15.5%

15.4%

11.1%

-4.3%

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

$1,455,000

$1,877,588

$1,943,508

$1,731,059

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 NOV

$1.400

DEC

$1,850,000

JAN FEB

MEDIAN SALES PRICE

MAR

$684

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

10.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Venice DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,175,000

$1,427,500

$1,800,000

$1,750,000

48.9%

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

$878

$947

$1,186

$1,016

15.7%

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

17

26

15

15

-11.8%

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

12

19

14

13

8.3%

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

53

62

56

62

17.0%

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

75

30

67

53

-29.3%

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

3.1

2.4

3.7

4.1

32.6%

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

22.6%

30.6%

25.0%

21.0%

-7.4%

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

$1,338,000

$1,644,396

$1,530,458

$1,550,898

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 NOV

$1.175

DEC

$1,750,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,016

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


West Hollywood DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,050,000

$1,295,938

$1,543,125

$789,000

-24.9%

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

$744

$753

$745

$847

13.8%

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

5

10

10

9

80.0%

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

10

8

12

8

-20.0%

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

56

40

50

57

1.8%

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

77

28

52

28

-63.6%

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

11.2

4

5

6.3

-43.5%

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

17.9%

20.0%

24.0%

14.0%

-21.4%

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

$1,108,000

$1,155,021

$1,106,333

$1,164,141

4.8%

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

current market snapshot $1.050

NOV DEC

$789,000

JAN FEB

MEDIAN SALES PRICE

MAR

$847

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$789 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


West Los Angeles DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$845,000

$908,250

$882,500

$905,000

7.1%

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

$692

$582

$557

$781

12.9%

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

7

8

7

7

0.0%

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

7

10

14

7

0.0%

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

20

34

36

41

105.0%

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

50

26

39

37

-26.0%

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

2.9

4.2

5.1

5.9

105.0%

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

35.0%

29.4%

38.9%

17.1%

-51.2%

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

$744,000

$886,917

$918,000

$867,058

16.5%

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

current market snapshot NOV

$845

DEC

$905,000

JAN FEB

MEDIAN SALES PRICE

MAR

$781

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$905 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Westchester DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$760,000

$812,000

$810,000

$845,775

11.3%

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

$488

$470

$517

$544

11.5%

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

25

23

33

18

-28.0%

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

17

30

29

28

64.7%

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

38

80

69

75

97.4%

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

31

23

32

48

54.8%

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

1.5

3.5

2.1

4.2

174.1%

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

44.7%

37.5%

42.0%

37.3%

-16.5%

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

$738,000

$835,546

$879,092

$841,483

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 NOV

$760

DEC

$845,775

JAN FEB

MEDIAN SALES PRICE

MAR

$544

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$845 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Westwood - Century City DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,600,000

$1,885,000

$1,867,500

$1,523,000

-4.8%

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

$692

$760

$771

$820

18.5%

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

15

16

18

14

-6.7%

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

19

20

15

6

-68.4%

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

54

74

59

52

-3.7%

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

26

32

27

22

-15.4%

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

3.6

4.6

3.3

3.7

3.2%

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

35.2%

27.0%

25.4%

11.5%

-67.2%

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

$1,427,000

$1,780,750

$1,704,000

$1,749,038

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 NOV

$1.600

DEC

$1,523,000

JAN FEB

MEDIAN SALES PRICE

MAR

$820

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.523 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


South Bay Macro Market DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,082,625

$1,299,398

$1,303,933

$1,442,383

33.2%

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

$518

$538

$593

$632

22.0%

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

154

202

201

160

3.9%

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

179

211

219

166

-7.3%

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

593

683

783

637

7.4%

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

83

57

82

52

-37.9%

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

3.9

3.4

3.9

4

3.4%

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

30.2%

30.9%

28.0%

26.1%

-13.7%

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

$1,239,333

$1,396,373

$1,359,263

$1,379,279

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 NOV

$1.082

DEC

$1,442,383

JAN FEB

MEDIAN SALES PRICE

MAR

$632

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.442 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


El Segundo DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$820,000

$898,000

$960,000

$1,300,000

58.5%

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

$521

$430

$487

$603

15.7%

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

3

8

7

4

33.3%

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

4

10

7

8

100.0%

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

13

23

13

13

0.0%

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

61

18

60

34

-44.3%

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

4.3

2.9

1.9

3.2

-25.0%

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

30.8%

43.5%

53.8%

61.5%

100.0%

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

$848,000

$1,014,583

$1,119,167

$930,288

9.7%

*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 NOV

$820

DEC

$1,300,000

JAN FEB

MEDIAN SALES PRICE

MAR

$603

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Manhattan Beach DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,989,500

$2,015,000

$1,947,500

$2,050,000

3.0%

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

$762

$800

$925

$1,262

65.6%

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

20

37

26

26

30.0%

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

23

47

30

17

-26.1%

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

59

100

83

55

-6.8%

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

55

38

44

34

-38.2%

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

3

2.7

3.2

2.1

-28.3%

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

39.0%

47.0%

36.1%

30.9%

-20.7%

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

$1,677,000

$1,960,458

$1,981,667

$1,922,404

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 NOV

$1.989

DEC

$2,050,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,262

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Palos Verdes Estates DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,500,000

$1,440,000

$1,725,000

$1,860,000

24.0%

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

$563

$630

$725

$713

26.6%

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

13

11

22

11

-15.4%

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

11

13

10

10

-9.1%

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

52

70

77

77

48.1%

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

121

43

80

75

-38.0%

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

4

6.4

3.5

7

75.0%

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

21.2%

18.6%

13.0%

13.0%

-38.6%

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

$1,570,000

$1,815,979

$2,006,958

$1,681,837

7.1%

*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 NOV

$1.500

DEC

$1,860,000

JAN FEB

MEDIAN SALES PRICE

MAR

$713

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.860 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 : November 2014

telesproperties.com


Rancho Palos Verdes DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,195,000

$1,308,000

$1,117,500

$1,037,500

-13.2%

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

$525

$513

$527

$462

-12.0%

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

31

31

34

26

-16.1%

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

24

38

40

29

20.8%

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

108

129

177

128

18.5%

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

74

43

43

65

-12.2%

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

3.5

4.2

5.2

4.9

41.3%

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

22.2%

29.5%

22.6%

22.7%

2.0%

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

$1,074,000

$1,137,567

$1,117,833

$1,161,415

8.1%

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

current market snapshot NOV

$1.195

DEC

$1,037,500

JAN FEB

MEDIAN SALES PRICE

MAR

$462

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.037 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Redondo Beach DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$809,000

$800,086

$949,750

$890,000

10.0%

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

$523

$543

$564

$570

9.0%

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

15

26

28

23

53.3%

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

30

34

39

32

6.7%

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

89

90

100

80

-10.1%

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

31

30

41

55

77.4%

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

5.9

3.5

3.6

3.5

-41.4%

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

33.7%

37.8%

39.0%

40.0%

18.7%

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

$837,000

$955,458

$948,000

$894,064

6.8%

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

current market snapshot NOV

$809

DEC

$890,000

JAN FEB

MEDIAN SALES PRICE

MAR

$570

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$890 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Rolling Hills DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$0

$2,438,500

$2,680,900

$3,147,500

0%

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

$0

$604

$809

$833

0%

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

0

1

2

4

0%

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

2

3

1

6

200.0%

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

14

26

20

26

85.7%

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

220

182

326

39

-82.3%

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

0

26

10

6.5

0%

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

14.3%

11.5%

5.0%

23.1%

61.5%

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

$2,720,000

$3,527,680

$3,223,750

$3,352,989

23.3%

*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 NOV DEC

$3,147,500

JAN FEB

MEDIAN SALES PRICE

MAR

$833

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$3.147 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Rolling Hills Estates DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,322,500

$1,580,000

$1,060,000

$1,535,000

16.1%

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

$507

$542

$528

$483

-4.7%

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

8

13

7

2

-75.0%

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

3

8

12

6

100.0%

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

9

25

37

25

177.8%

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

95

77

55

73

-23.2%

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

1.1

1.9

5.3

12.5

1011.1%

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

33.3%

32.0%

32.4%

24.0%

-28.0%

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

$1,332,000

$1,357,292

$1,352,917

$1,306,981

-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 NOV

$1.322

DEC

$1,535,000

JAN FEB

MEDIAN SALES PRICE

MAR

$483

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

12.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.535 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


San Pedro DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$460,000

$570,000

$649,000

$540,500

17.5%

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

$356

$349

$361

$350

-1.7%

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

27

25

21

24

-11.1%

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

32

27

30

22

-31.2%

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

125

110

125

117

-6.4%

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

63

56

54

46

-27.0%

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

4.6

4.4

6

4.9

5.3%

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

25.6%

24.5%

24.0%

18.8%

-26.5%

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

$483,000

$541,167

$518,500

$524,538

8.6%

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

current market snapshot NOV

$460

DEC

$540,500

JAN FEB

MEDIAN SALES PRICE

MAR

$350

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Torrance DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$565,000

$645,000

$645,750

$620,950

9.9%

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

$389

$427

$408

$414

6.4%

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

37

50

54

40

8.1%

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

50

31

50

36

-28.0%

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

124

110

151

116

-6.5%

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

30

26

37

45

50.0%

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

3.4

2.2

2.8

2.9

-13.5%

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

40.3%

28.2%

33.1%

31.0%

-23.0%

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

$613,000

$656,325

$661,567

$638,996

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 NOV

$565

DEC

$620,950

JAN FEB

MEDIAN SALES PRICE

MAR

$414

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$620 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


San Fernando Valley Macro Market DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$675,000

$750,286

$777,571

$730,929

8.3%

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

$361

$388

$390

$395

9.3%

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

429

462

446

341

-20.5%

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

485

558

512

409

-15.7%

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

917

1,027

1,186

1,036

13.0%

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

56

52

63

62

10.9%

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

2.1

2.2

2.7

3

42.1%

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

52.9%

54.3%

43.2%

39.5%

-25.4%

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

$674,412

$771,476

$736,571

$753,692

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 NOV

$675

DEC

$730,929

JAN FEB

MEDIAN SALES PRICE

MAR

$395

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Burbank DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$607,000

$650,000

$630,000

$655,000

7.9%

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

$378

$415

$454

$416

10.1%

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

46

36

56

43

-6.5%

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

50

52

48

53

6.0%

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

77

70

88

83

7.8%

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

43

45

46

49

14.0%

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

1.7

1.9

1.6

1.9

15.3%

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

64.9%

74.3%

54.5%

63.9%

-1.7%

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

$575,615

$657,667

$658,000

$639,462

11.1%

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

current market snapshot NOV

$607

DEC

$655,000

JAN FEB

MEDIAN SALES PRICE

MAR

$416

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$655 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Encino DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$850,000

$1,040,000

$1,113,000

$963,000

13.3%

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

$379

$435

$473

$444

17.2%

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

33

34

34

32

-3.0%

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

42

55

33

37

-11.9%

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

88

105

123

106

20.5%

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

61

52

67

69

13.1%

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

2.7

3.1

3.6

3.3

24.2%

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

47.7%

52.4%

26.8%

34.9%

-26.9%

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

$879,000

$1,046,167

$1,023,333

$1,017,385

15.7%

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

current market snapshot NOV

$850

DEC

$963,000

JAN FEB

MEDIAN SALES PRICE

MAR

$444

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$963 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Glendale DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$720,000

$760,000

$806,000

$777,000

7.9%

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

$382

$405

$400

$412

7.9%

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

63

67

60

41

-34.9%

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

69

72

69

51

-26.1%

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

100

127

104

121

21.0%

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

47

51

55

57

21.3%

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

1.6

1.9

1.7

3

85.9%

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

69.0%

56.7%

66.3%

42.1%

-38.9%

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

$655,615

$749,833

$739,000

$734,538

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 NOV

$720

DEC

$777,000

JAN FEB

MEDIAN SALES PRICE

MAR

$412

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$777 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


La Crescenta DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$532,000

$695,000

$708,000

$717,000

34.8%

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

$383

$398

$428

$405

5.7%

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

18

21

36

10

-44.4%

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

20

19

32

15

-25.0%

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

27

34

39

20

-25.9%

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

59

52

53

51

-13.6%

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

1.5

1.6

1.1

2

33.3%

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

74.1%

55.9%

82.1%

75.0%

1.3%

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

$619,000

$726,000

$719,000

$698,385

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 NOV

$532

DEC

$717,000

JAN FEB

MEDIAN SALES PRICE

MAR

$405

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$717 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


North Hollywood DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$409,000

$411,000

$432,000

$419,000

2.4%

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

$331

$310

$314

$333

0.6%

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

48

36

32

26

-45.8%

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

45

57

49

45

0.0%

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

68

57

80

87

27.9%

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

50

50

65

53

6.0%

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

1.4

1.6

2.5

3.3

136.2%

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

66.2%

100.0%

61.3%

51.7%

-21.8%

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

$375,538

$449,167

$451,333

$434,538

15.7%

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

current market snapshot NOV

$409

DEC

$419,000

JAN FEB

MEDIAN SALES PRICE

MAR

$333

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$419 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Shadow Hills DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$542,000

$640,000

$680,000

$800,000

47.6%

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

$279

$311

$269

$330

18.3%

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

2

4

2

3

50.0%

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

2

6

2

2

0.0%

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

13

12

19

13

0.0%

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

76

50

126

68

-10.5%

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

6.5

3

9.5

4.3

-33.3%

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

15.4%

50.0%

10.5%

15.4%

0.0%

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

$630,385

$717,167

$716,667

$737,385

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 NOV

$542

DEC

$800,000

JAN FEB

MEDIAN SALES PRICE

MAR

$330

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Sherman Oaks DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$750,000

$985,000

$895,000

$825,000

10.0%

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

$407

$449

$430

$450

10.6%

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

53

65

52

46

-13.2%

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

59

66

75

44

-25.4%

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

125

134

167

128

2.4%

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

56

52

65

55

-1.8%

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

2.4

2.1

3.2

2.8

18.0%

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

47.2%

49.3%

44.9%

34.4%

-27.2%

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

$767,462

$878,333

$839,333

$888,154

15.7%

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

current market snapshot NOV

$750

DEC

$825,000

JAN FEB

MEDIAN SALES PRICE

MAR

$450

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Studio City DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,128,000

$1,200,000

$1,265,000

$1,123,000

-0.4%

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

$455

$545

$524

$554

21.8%

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

22

39

23

22

0.0%

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

27

41

35

19

-29.6%

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

83

82

86

65

-21.7%

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

67

60

57

69

3.0%

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

3.8

2.1

3.7

3

-21.7%

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

32.5%

50.0%

40.7%

29.2%

-10.1%

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

$960,615

$1,158,000

$1,081,000

$1,147,462

19.5%

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

current market snapshot NOV

$1.128

DEC

$1,123,000

JAN FEB

MEDIAN SALES PRICE

MAR

$554

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.123 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Sun Valley DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$407,000

$366,000

$428,000

$450,000

10.6%

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

$268

$273

$315

$302

12.7%

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

22

12

12

19

-13.6%

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

23

19

20

16

-30.4%

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

38

41

41

40

5.3%

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

54

34

48

69

27.8%

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

1.7

3.4

3.4

2.1

21.9%

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

60.5%

46.3%

48.8%

40.0%

-33.9%

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

$375,615

$403,000

$408,333

$393,308

4.7%

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

current market snapshot NOV

$407

DEC

$450,000

JAN FEB

MEDIAN SALES PRICE

MAR

$302

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Sunland/Tujunga DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$446,000

$437,000

$500,000

$504,000

13.0%

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

$289

$312

$286

$324

12.1%

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

34

44

36

24

-29.4%

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

40

49

37

27

-32.5%

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

65

85

82

62

-4.6%

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

50

52

71

66

32.0%

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

1.9

1.9

2.3

2.6

35.1%

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

61.5%

57.6%

45.1%

43.5%

-29.2%

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

$386,000

$479,833

$494,667

$454,308

17.7%

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

current market snapshot NOV

$446

DEC

$504,000

JAN FEB

MEDIAN SALES PRICE

MAR

$324

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$504 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Tarzana DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$660,000

$968,000

$1,055,000

$775,000

17.4%

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

$325

$330

$392

$310

-4.6%

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

19

26

21

20

5.3%

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

26

29

26

19

-26.9%

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

72

81

105

90

25.0%

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

58

48

71

70

20.7%

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

3.8

3.1

5

4.5

18.8%

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

36.1%

35.8%

24.8%

21.1%

-41.5%

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

$787,077

$854,833

$766,333

$841,077

6.9%

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

current market snapshot NOV

$660

DEC

$775,000

JAN FEB

MEDIAN SALES PRICE

MAR

$310

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Toluca Lake DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$849,000

$944,000

$850,000

$785,000

-7.5%

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

$438

$530

$425

$481

9.8%

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

7

4

6

5

-28.6%

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

4

0

8

8

100.0%

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

11

15

24

17

54.5%

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

50

46

45

78

56.0%

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

1.6

3.8

4

3.4

116.4%

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

36.4%

0.0%

33.3%

47.1%

29.4%

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

$1,102,462

$1,177,500

$880,667

$1,110,077

0.7%

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

current market snapshot NOV

$849

DEC

$785,000

JAN FEB

MEDIAN SALES PRICE

MAR

$481

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$785 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Valley Village DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$895,000

$728,000

$825,000

$720,000

-19.6%

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

$444

$409

$443

$442

-0.5%

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

9

5

15

9

0.0%

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

15

13

13

13

-13.3%

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

30

27

31

23

-23.3%

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

62

63

44

42

-32.3%

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

3.3

5.4

2.1

2.6

-23.3%

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

50.0%

48.1%

41.9%

56.5%

13.0%

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

$712,308

$806,500

$825,667

$776,308

9.0%

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

current market snapshot $895

NOV DEC

$720,000

JAN FEB

MEDIAN SALES PRICE

MAR

$442

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$720 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Woodland Hills DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$655,000

$680,000

$699,000

$720,000

9.9%

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

$300

$314

$311

$324

8.0%

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

53

69

61

41

-22.6%

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

63

80

65

60

-4.8%

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

120

157

197

181

50.8%

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

48

71

74

70

45.8%

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

2.3

2.3

3.2

4.4

95.0%

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

52.5%

51.0%

33.0%

33.1%

-36.9%

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

$615,077

$696,667

$708,667

$679,308

10.4%

*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 NOV

$655

DEC

$720,000

JAN FEB

MEDIAN SALES PRICE

MAR

$324

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$720 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


San Gabriel Valley Macro Market DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$843,273

$915,273

$932,091

$1,041,636

23.5%

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

$467

$504

$523

$498

6.6%

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

243

274

324

196

-19.3%

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

254

313

309

260

2.4%

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

514

609

714

670

30.4%

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

43

48

43

52

21.0%

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

2.1

2.2

2.2

3.4

61.6%

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

49.4%

51.4%

43.3%

38.8%

-21.5%

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

$825,406

$975,439

$997,424

$947,741

14.8%

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

current market snapshot NOV

$843

DEC

$1,041,636

JAN FEB

MEDIAN SALES PRICE

MAR

$498

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.041 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Altadena DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$543,000

$675,000

$625,000

$610,000

12.3%

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

$417

$407

$389

$395

-5.3%

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

31

44

36

24

-22.6%

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

39

38

37

36

-7.7%

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

53

53

71

74

39.6%

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

42

49

47

59

40.5%

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

1.7

1.2

2

3.1

80.3%

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

73.6%

71.7%

52.1%

48.6%

-33.9%

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

$558,846

$615,833

$628,333

$588,308

5.3%

*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 NOV

$543

DEC

$610,000

JAN FEB

MEDIAN SALES PRICE

MAR

$395

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Arcadia DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,375,000

$1,284,000

$1,200,000

$1,555,000

13.1%

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

$535

$573

$627

$610

14.0%

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

39

46

41

20

-48.7%

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

34

66

41

38

11.8%

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

89

114

173

169

89.9%

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

54

35

39

50

-7.4%

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

2.3

2.5

4.2

8.4

270.3%

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

38.2%

57.9%

23.7%

22.5%

-41.1%

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

$1,170,615

$1,378,667

$1,445,000

$1,424,077

21.7%

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

current market snapshot NOV

$1.375

DEC

$1,555,000

JAN FEB

MEDIAN SALES PRICE

MAR

$610

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

8.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.555 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Duarte DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$436,000

$435,000

$425,000

$418,000

-4.1%

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

$316

$323

$311

$316

0.0%

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

4

9

21

12

200.0%

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

10

12

14

18

80.0%

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

20

29

26

29

45.0%

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

31

54

48

40

29.0%

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

5

3.2

1.2

2.4

-51.7%

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

50.0%

41.4%

53.8%

62.1%

24.1%

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

$364,846

$432,167

$440,000

$419,308

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 NOV

$436

DEC

$418,000

JAN FEB

MEDIAN SALES PRICE

MAR

$316

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$418 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Eagle Rock DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$550,000

$673,000

$589,000

$585,000

6.4%

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

$383

$450

$500

$450

17.5%

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

3

4

6

7

133.3%

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

7

3

4

5

-28.6%

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

2

11

13

11

450.0%

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

41

46

27

67

63.4%

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

0.7

2.8

2.2

1.6

135.7%

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

350.0%

27.3%

30.8%

45.5%

-87.0%

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

$531,308

$608,833

$601,333

$619,769

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 NOV

$550

DEC

$585,000

JAN FEB

MEDIAN SALES PRICE

MAR

$450

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$585 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


La Canada Flintridge DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,150,000

$1,298,000

$1,285,000

$1,275,000

10.9%

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

$537

$506

$546

$533

-0.7%

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

19

24

27

15

-21.1%

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

13

22

25

19

46.2%

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

42

49

47

33

-21.4%

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

53

54

61

68

28.3%

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

2.2

2

1.7

2.2

-0.5%

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

31.0%

44.9%

53.2%

57.6%

86.0%

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

$1,240,077

$1,364,167

$1,419,667

$1,335,462

7.7%

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

current market snapshot NOV

$1.150

DEC

$1,275,000

JAN FEB

MEDIAN SALES PRICE

MAR

$533

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.275 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Monrovia DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$532,000

$580,000

$660,000

$569,000

7.0%

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

$372

$418

$390

$356

-4.3%

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

26

25

21

18

-30.8%

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

21

29

29

19

-9.5%

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

49

59

57

63

28.6%

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

45

55

55

44

-2.2%

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

1.9

2.4

2.7

3.5

85.7%

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

42.9%

49.2%

50.9%

30.2%

-29.6%

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

$526,538

$617,833

$594,667

$580,154

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 NOV

$532

DEC

$569,000

JAN FEB

MEDIAN SALES PRICE

MAR

$356

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$569 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Pasadena DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$690,000

$806,000

$739,000

$720,000

4.3%

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

$434

$493

$503

$554

27.6%

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

75

87

103

57

-24.0%

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

80

88

91

74

-7.5%

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

162

186

184

180

11.1%

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

47

48

62

63

34.0%

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

2.2

2.1

1.8

3.2

46.2%

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

49.4%

47.3%

49.5%

41.1%

-16.8%

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

$659,000

$760,333

$751,667

$734,692

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 NOV

$690

DEC

$720,000

JAN FEB

MEDIAN SALES PRICE

MAR

$554

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$720 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


San Gabriel DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$600,000

$776,000

$665,000

$625,000

4.2%

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

$405

$422

$439

$409

1.0%

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

19

10

28

25

31.6%

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

22

28

36

18

-18.2%

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

53

48

79

52

-1.9%

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

49

77

48

51

4.1%

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

2.8

4.8

2.8

2.1

-25.4%

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

41.5%

58.3%

45.6%

34.6%

-16.6%

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

$582,846

$678,167

$677,333

$665,846

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 NOV

$600

DEC

$625,000

JAN FEB

MEDIAN SALES PRICE

MAR

$409

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


San Marino DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,650,000

$1,925,000

$2,128,000

$2,750,000

66.7%

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

$670

$837

$872

$895

33.6%

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

11

12

16

5

-54.5%

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

13

9

15

9

-30.8%

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

12

17

24

25

108.3%

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

43

30

29

27

-37.2%

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

1.1

1.4

1.5

5

358.3%

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

108.3%

52.9%

62.5%

36.0%

-66.8%

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

$1,738,385

$2,235,667

$2,347,000

$2,161,231

24.3%

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

current market snapshot NOV

$1.650

DEC

$2,750,000

JAN FEB

MEDIAN SALES PRICE

MAR

$895

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.750 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 : November 2014

telesproperties.com


Sierra Madre DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$835,000

$846,000

$869,000

$998,000

19.5%

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

$429

$434

$500

$381

-11.2%

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

13

10

17

9

-30.8%

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

9

9

8

13

44.4%

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

17

26

17

17

0.0%

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

62

49

38

72

16.1%

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

1.3

2.6

1

1.9

44.4%

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

52.9%

34.6%

47.1%

76.5%

44.4%

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

$753,923

$871,333

$942,000

$863,308

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 NOV

$835

DEC

$998,000

JAN FEB

MEDIAN SALES PRICE

MAR

$381

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

1.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$998 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


South Pasadena DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$915,000

$770,000

$1,068,000

$1,353,000

47.9%

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

$634

$684

$673

$574

-9.5%

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

3

3

8

4

33.3%

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

6

9

9

11

83.3%

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

15

17

23

17

13.3%

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

10

29

20

36

260.0%

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

5

5.7

2.9

4.2

-15.0%

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

40.0%

52.9%

39.1%

64.7%

61.8%

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

$958,077

$1,166,833

$1,124,667

$1,033,000

7.8%

*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 NOV

$915

DEC

$1,353,000

JAN FEB

MEDIAN SALES PRICE

MAR

$574

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.353 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Orange County

Orange County Macro

Ladera Ranch

San Juan Capistrano

Aliso Viejo

Laguna Beach

Shady Canyon

Balboa Peninsula

Laguna Hills

Turtle Ridge

Corona del Mar - Spyglass

Laguna Niguel

Turtle Rock

Coto de Caza

Laguna Woods

West Bay - Santa Ana Heights

Crystal Cove

Lower Newport Bay - Balboa Island

West Newport - Lido

Dana Point

Mission Viejo

Westminster

East Bluff - Harbor View

Newport Beach

East Costa Mesa

Newport Coast

Fountain Valley

Newport Heights

Huntington Beach

Rancho Santa Margarita

Irvine

San Clemente

Micro Market Report : November 2014

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : November 2014

telesproperties.com


Orange County DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$649,000

$676,000

$680,000

$679,192

4.7%

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

$382

$405

$410

$407

6.5%

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

1334

1701

1671

1250

-6.3%

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

1253

1820

1693

1314

4.9%

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

6,600

7,189

7,889

6,376

-3.4%

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

72

51

60

70

-2.8%

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

4.9

4.2

4.7

5.1

3.1%

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

19.0%

25.3%

21.5%

20.6%

8.6%

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

$610,000

$679,857

$679,731

$668,796

9.6%

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

current market snapshot NOV

$649

DEC

$679,192

JAN FEB

MEDIAN SALES PRICE

MAR

$407

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$679 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Aliso Viejo DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$718,000

$715,000

$800,000

$705,000

-1.8%

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

$347

$351

$328

$346

-0.3%

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

11

31

21

15

36.4%

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

11

24

19

16

45.5%

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

67

84

83

63

-6.0%

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

70

51

70

101

44.3%

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

6.1

2.7

4

4.2

-31.0%

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

16.4%

28.6%

22.9%

25.4%

54.7%

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

$670,000

$734,250

$709,167

$727,654

8.6%

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

current market snapshot NOV

$718

DEC

$705,000

JAN FEB

MEDIAN SALES PRICE

MAR

$346

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$705 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Balboa Peninsula DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$3,800,000

$4,500,000

$2,117,500

$2,010,000

-47.1%

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

$1,610

$1,498

$1,211

$1,776

10.3%

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

6

7

12

7

16.7%

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

4

4

5

1

-75.0%

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

41

41

36

35

-14.6%

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

19

103

66

31

63.2%

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

6.8

5.9

3

5

-26.8%

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

9.8%

9.8%

13.9%

2.9%

-70.7%

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

$2,382,000

$2,729,583

$3,278,333

$2,986,269

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 $3.800

NOV DEC

$2,010,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,776

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.010 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 : November 2014

telesproperties.com


Corona del Mar - Spyglass DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$2,287,500

$2,349,000

$2,200,000

$2,410,000

5.4%

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

$952

$1,067

$948

$1,211

27.2%

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

10

13

16

9

-10.0%

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

15

10

16

11

-26.7%

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

65

66

82

78

20.0%

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

101

50

61

54

-46.5%

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

6.5

5.1

5.1

8.7

33.3%

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

23.1%

15.2%

19.5%

14.1%

-38.9%

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

$2,195,000

$1,977,500

$2,010,000

$2,363,596

7.7%

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

current market snapshot NOV

$2.287

DEC

$2,410,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,211

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

8.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.410 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 : November 2014

telesproperties.com


Coto de Caza DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,192,500

$1,062,000

$1,125,000

$1,555,000

30.4%

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

$304

$336

$345

$348

14.5%

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

16

26

21

11

-31.2%

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

20

12

17

18

-10.0%

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

121

131

141

118

-2.5%

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

106

64

111

83

-21.7%

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

7.6

5

6.7

10.7

41.8%

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

16.5%

9.2%

12.1%

15.3%

-7.7%

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

$1,034,000

$1,200,417

$1,227,500

$1,153,654

11.6%

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

current market snapshot NOV

$1.192

DEC

$1,555,000

JAN FEB

MEDIAN SALES PRICE

MAR

$348

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

10.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.555 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Crystal Cove DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$5,474,000

$5,149,000

$3,500,000

$5,000,000

-8.7%

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

$1,033

$1,157

$1,032

$1,070

3.6%

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

2

2

1

3

50.0%

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

0

1

2

2

0%

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

21

23

24

19

-9.5%

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

0

17

94

114

0%

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

10.5

11.5

24

6.3

-39.7%

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

0.0%

4.3%

8.3%

10.5%

0%

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

$4,871,000

$5,570,750

$6,583,167

$5,018,962

3.0%

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

current market snapshot NOV

$5.474

DEC

$5,000,000

JAN FEB

MEDIAN SALES PRICE

MAR

$1,070

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$5.000 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Dana Point DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$827,500

$832,000

$922,500

$969,000

17.1%

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

$440

$541

$512

$596

35.5%

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

34

30

29

22

-35.3%

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

31

38

43

34

9.7%

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

176

213

205

163

-7.4%

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

57

64

84

85

49.1%

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

5.2

7.1

7.1

7.4

43.1%

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

17.6%

17.8%

21.0%

20.9%

18.4%

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

$865,000

$901,483

$928,000

$887,142

2.6%

*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 NOV

$827

DEC

$969,000

JAN FEB

MEDIAN SALES PRICE

MAR

$596

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$969 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


East Bluff - Harbor View DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$1,860,500

$1,925,000

$1,862,000

$1,562,500

-16.0%

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

$602

$667

$652

$689

14.5%

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

16

19

18

16

0.0%

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

20

22

22

18

-10.0%

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

77

119

120

98

27.3%

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

61

49

79

87

42.6%

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

4.8

6.3

6.7

6.1

27.3%

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

26.0%

18.5%

18.3%

18.4%

-29.3%

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

$1,596,000

$1,687,167

$1,624,833

$1,707,462

7.0%

*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 NOV

$1.860

DEC

$1,562,500

JAN FEB

MEDIAN SALES PRICE

MAR

$689

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.562 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


East Costa Mesa DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$846,600

$962,694

$950,000

$850,000

0.4%

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

$424

$543

$564

$470

10.8%

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

13

20

17

19

46.2%

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

10

19

18

17

70.0%

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

59

73

80

66

11.9%

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

51

67

56

86

68.6%

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

4.5

3.6

4.7

3.5

-23.5%

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

16.9%

26.0%

22.5%

25.8%

52.0%

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

$823,000

$863,750

$821,667

$862,176

4.8%

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

current market snapshot NOV

$846

DEC

$850,000

JAN FEB

MEDIAN SALES PRICE

MAR

$470

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Fountain Valley DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$670,000

$699,900

$702,500

$679,000

1.3%

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

$330

$353

$341

$353

7.0%

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

20

25

30

15

-25.0%

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

17

17

28

17

0.0%

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

75

87

82

56

-25.3%

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

24

33

44

49

104.2%

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

3.8

3.5

2.7

3.7

-0.4%

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

22.7%

19.5%

34.1%

30.4%

33.9%

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

$624,000

$678,917

$677,500

$671,885

7.7%

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

current market snapshot NOV

$670

DEC

$679,000

JAN FEB

MEDIAN SALES PRICE

MAR

$353

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$679 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Huntington Beach DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$710,000

$730,000

$720,000

$714,500

0.6%

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

$398

$427

$419

$414

4.0%

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

91

105

131

84

-7.7%

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

97

110

122

76

-21.6%

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

367

427

463

334

-9.0%

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

61

66

61

66

8.2%

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

4

4.1

3.5

4

-1.4%

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

26.4%

25.8%

26.3%

22.8%

-13.9%

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

$691,000

$744,500

$751,500

$738,835

6.9%

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

current market snapshot NOV

$710

DEC

$714,500

JAN FEB

MEDIAN SALES PRICE

MAR

$414

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$714 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Irvine DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$825,000

$895,000

$895,000

$970,000

17.6%

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

$453

$474

$461

$433

-4.4%

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

79

94

99

77

-2.5%

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

71

100

95

72

1.4%

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

321

443

489

350

9.0%

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

55

52

59

81

47.3%

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

4.1

4.7

4.9

4.5

11.9%

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

22.1%

22.6%

19.4%

20.6%

-7.0%

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

$867,000

$925,746

$948,491

$906,051

4.5%

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

current market snapshot NOV

$825

DEC

$970,000

JAN FEB

MEDIAN SALES PRICE

MAR

$433

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$970 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Ladera Ranch DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$952,500

$804,500

$860,000

$739,150

-22.4%

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

$310

$327

$344

$326

5.2%

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

26

24

28

15

-42.3%

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

24

35

28

27

12.5%

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

115

159

157

118

2.6%

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

67

63

61

107

59.7%

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

4.4

6.6

5.6

7.9

77.9%

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

20.9%

22.0%

17.8%

22.9%

9.6%

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

$801,000

$880,652

$886,050

$862,851

7.7%

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

current market snapshot $952

NOV DEC

$739,150

JAN FEB

MEDIAN SALES PRICE

MAR

$326

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$739 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Laguna Beach DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$2,015,000

$2,050,000

$2,125,000

$1,600,000

-20.6%

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

$939

$1,064

$970

$908

-3.3%

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

27

31

29

31

14.8%

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

29

33

37

32

10.3%

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

234

260

285

225

-3.8%

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

178

92

106

118

-33.7%

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

8.7

8.4

9.8

7.3

-16.3%

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

12.4%

12.7%

13.0%

14.2%

14.8%

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

$1,612,000

$1,892,500

$1,806,667

$1,940,346

20.4%

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

current market snapshot NOV

$2.015

DEC

$1,600,000

JAN FEB

MEDIAN SALES PRICE

MAR

$908

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.600 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 : November 2014

telesproperties.com


Laguna Niguel DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$740,000

$863,950

$790,000

$831,000

12.3%

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

$382

$405

$395

$364

-4.7%

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

31

66

59

48

54.8%

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

44

61

69

52

18.2%

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

198

323

363

277

39.9%

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

69

67

73

82

18.8%

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

6.4

4.9

6.2

5.8

-9.6%

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

22.2%

18.9%

19.0%

18.8%

-15.5%

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

$747,000

$807,667

$814,000

$798,688

6.9%

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

current market snapshot NOV

$740

DEC

$831,000

JAN FEB

MEDIAN SALES PRICE

MAR

$364

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$831 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Laguna Hills DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$730,000

$684,500

$980,000

$750,000

2.7%

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

$331

$363

$367

$328

-0.9%

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

25

24

21

13

-48.0%

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

19

25

21

23

21.1%

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

73

112

118

92

26.0%

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

43

74

48

74

72.1%

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

2.9

4.7

5.6

7.1

142.4%

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

26.0%

22.3%

17.8%

25.0%

-3.9%

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

$690,000

$772,167

$722,500

$728,454

5.6%

*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 NOV

$730

DEC

$750,000

JAN FEB

MEDIAN SALES PRICE

MAR

$328

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Laguna Woods DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$687,000

$0

$0

$0

-100.0%

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

$382

$0

$0

$0

-100.0%

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

1

0

0

0

-100.0%

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

0

1

0

0

0%

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

2

2

0

0

-100.0%

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

0

41

0

0

0%

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

2

0

0

0

0%

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

0.0%

50.0%

0%

0%

0%

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

$619,000

$0

$0

$637,800

3.0%

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

current market snapshot NOV

$687

DEC

No sales

JAN FEB

MEDIAN SALES PRICE

MAR

No sales

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

No sales MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : November 2014

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

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

$2,150,000

$1,955,100

$4,950,000

$2,312,500

7.6%

Average Price per Square Foot ...........................

$955

$1,026

$1,189

$997

4.4%

Properties Sold .......................................................

5

10

7

2

-60.0%

Properties Pending Sale .......................................

4

4

13

1

-75.0%

Properties For Sale ................................................

38

41

49

36

-5.3%

Days on Market (Pending Sale) ...........................

36

60

193

268

644.4%

Month’s Supply of Inventory ................................

7.6

4.1

7

18

136.8%

Percent Under Contract ........................................

10.5%

9.8%

26.5%

2.8%

-73.6%

Average Median Price for Last 12 Months ........

$2,687,000

$3,335,000

$2,845,833

$3,069,412

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 NOV

$2.150

DEC

$2,312,500

JAN FEB

MEDIAN SALES PRICE

MAR

$997

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

18 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.312 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Mission Viejo DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$670,000

$631,500

$635,000

$600,000

-10.4%

Average Price per Square Foot ...........................

$292

$335

$332

$330

13.0%

Properties Sold .......................................................

67

83

81

58

-13.4%

Properties Pending Sale .......................................

75

92

77

74

-1.3%

Properties For Sale ................................................

266

310

329

284

6.8%

Days on Market (Pending Sale) ...........................

50

46

60

63

26.0%

Month’s Supply of Inventory ................................

4

3.7

4.1

4.9

23.3%

Percent Under Contract ........................................

28.2%

29.7%

23.4%

26.1%

-7.6%

Average Median Price for Last 12 Months ........

$594,000

$633,317

$624,967

$633,762

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 NOV

$670

DEC

$600,000

JAN FEB

MEDIAN SALES PRICE

MAR

$330

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


Newport Beach DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$1,995,000

$1,925,000

$1,825,000

$1,595,000

-20.1%

Average Price per Square Foot ...........................

$817

$882

$891

$845

3.4%

Properties Sold .......................................................

49

63

61

43

-12.2%

Properties Pending Sale .......................................

49

60

64

46

-6.1%

Properties For Sale ................................................

281

351

361

311

10.7%

Days on Market (Pending Sale) ...........................

61

63

96

89

45.9%

Month’s Supply of Inventory ................................

5.7

5.6

5.9

7.2

26.1%

Percent Under Contract ........................................

17.4%

17.1%

17.7%

14.8%

-15.2%

Average Median Price for Last 12 Months ........

$1,678,000

$1,813,333

$1,866,667

$1,827,038

8.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.995

NOV DEC

$1,595,000

JAN FEB

MEDIAN SALES PRICE

MAR

$845

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.595 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 : November 2014

telesproperties.com


Newport Coast DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$2,875,000

$1,814,250

$2,450,000

$4,191,925

45.8%

Average Price per Square Foot ...........................

$793

$785

$887

$1,006

26.9%

Properties Sold .......................................................

9

11

13

9

0.0%

Properties Pending Sale .......................................

10

11

9

4

-60.0%

Properties For Sale ................................................

82

110

93

80

-2.4%

Days on Market (Pending Sale) ...........................

85

151

119

376

342.4%

Month’s Supply of Inventory ................................

9.1

10

7.2

8.9

-2.4%

Percent Under Contract ........................................

12.2%

10.0%

9.7%

5.0%

-59.0%

Average Median Price for Last 12 Months ........

$2,797,000

$3,470,721

$3,693,942

$3,142,583

12.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$2.875

DEC

$4,191,925

JAN FEB

MEDIAN SALES PRICE

MAR

$1,006

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

8.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$4.191 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Newport Heights DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$1,315,000

$2,416,366

$1,529,000

$1,237,500

-5.9%

Average Price per Square Foot ...........................

$657

$652

$1,045

$608

-7.5%

Properties Sold .......................................................

5

8

2

4

-20.0%

Properties Pending Sale .......................................

3

4

6

6

100.0%

Properties For Sale ................................................

28

25

40

32

14.3%

Days on Market (Pending Sale) ...........................

72

108

56

73

1.4%

Month’s Supply of Inventory ................................

5.6

3.1

20

8

42.9%

Percent Under Contract ........................................

10.7%

16.0%

15.0%

18.8%

75.0%

Average Median Price for Last 12 Months ........

$1,467,000

$1,915,265

$1,989,379

$1,860,174

26.8%

*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 NOV

$1.315

DEC

$1,237,500

JAN FEB

MEDIAN SALES PRICE

MAR

$608

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.237 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Rancho Santa Margarita DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$622,500

$643,500

$650,000

$623,950

0.2%

Average Price per Square Foot ...........................

$316

$320

$311

$314

-0.6%

Properties Sold .......................................................

30

35

43

32

6.7%

Properties Pending Sale .......................................

34

58

47

37

8.8%

Properties For Sale ................................................

110

178

197

159

44.5%

Days on Market (Pending Sale) ...........................

72

47

64

87

20.8%

Month’s Supply of Inventory ................................

3.7

5.1

4.6

5

35.5%

Percent Under Contract ........................................

30.9%

32.6%

23.9%

23.3%

-24.7%

Average Median Price for Last 12 Months ........

$605,000

$649,806

$644,650

$645,449

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 NOV

$622

DEC

$623,950

JAN FEB

MEDIAN SALES PRICE

MAR

$314

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$623 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


San Clemente DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$820,000

$853,750

$845,000

$900,000

9.8%

Average Price per Square Foot ...........................

$355

$390

$371

$375

5.6%

Properties Sold .......................................................

47

68

58

51

8.5%

Properties Pending Sale .......................................

51

70

69

51

0.0%

Properties For Sale ................................................

260

311

368

268

3.1%

Days on Market (Pending Sale) ...........................

60

67

69

96

60.0%

Month’s Supply of Inventory ................................

5.5

4.6

6.3

5.3

-5.0%

Percent Under Contract ........................................

19.6%

22.5%

18.8%

19.0%

-3.0%

Average Median Price for Last 12 Months ........

$792,000

$844,458

$857,667

$830,115

4.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$820

DEC

$900,000

JAN FEB

MEDIAN SALES PRICE

MAR

$375

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$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 : November 2014

telesproperties.com


San Juan Capistrano DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$750,000

$995,000

$635,000

$960,000

28.0%

Average Price per Square Foot ...........................

$307

$351

$344

$338

10.1%

Properties Sold .......................................................

17

25

35

17

0.0%

Properties Pending Sale .......................................

20

28

19

17

-15.0%

Properties For Sale ................................................

137

143

165

132

-3.6%

Days on Market (Pending Sale) ...........................

62

80

69

79

27.4%

Month’s Supply of Inventory ................................

8.1

5.7

4.7

7.8

-3.6%

Percent Under Contract ........................................

14.6%

19.6%

11.5%

12.9%

-11.8%

Average Median Price for Last 12 Months ........

$737,000

$754,065

$836,463

$835,222

13.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$750

DEC

$960,000

JAN FEB

MEDIAN SALES PRICE

MAR

$338

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$960 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Shady Canyon DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$0

$0

$0

$0

0%

Average Price per Square Foot ...........................

$0

$0

$0

$0

0%

Properties Sold .......................................................

0

0

0

0

0%

Properties Pending Sale .......................................

0

0

0

0

0%

Properties For Sale ................................................

9

3

4

2

-77.8%

Days on Market (Pending Sale) ...........................

0

0

0

0

0%

Month’s Supply of Inventory ................................

0

0

0

0

0%

Percent Under Contract ........................................

0.0%

0.0%

0.0%

0.0%

0%

Average Median Price for Last 12 Months ........

$5,817,000

$3,850,000

$3,650,000

$4,693,800

-19.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV DEC

No sales

JAN FEB

MEDIAN SALES PRICE

MAR

No sales

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

No sales MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Turtle Ridge DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$2,802,500

$3,550,000

$2,650,000

$2,031,944

-27.5%

Average Price per Square Foot ...........................

$693

$725

$711

$659

-4.9%

Properties Sold .......................................................

4

2

7

4

0.0%

Properties Pending Sale .......................................

6

6

3

6

0.0%

Properties For Sale ................................................

28

35

31

30

7.1%

Days on Market (Pending Sale) ...........................

70

155

62

79

12.9%

Month’s Supply of Inventory ................................

7

17.5

4.4

7.5

7.1%

Percent Under Contract ........................................

21.4%

17.1%

9.7%

20.0%

-6.7%

Average Median Price for Last 12 Months ........

$2,212,000

$2,259,824

$2,252,981

$2,437,495

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 $2.802

NOV DEC

$2,031,944

JAN FEB

MEDIAN SALES PRICE

MAR

$659

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.031 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Turtle Rock DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$0

$0

$0

$970,000

0%

Average Price per Square Foot ...........................

$0

$0

$0

$606

0%

Properties Sold .......................................................

0

0

0

1

0%

Properties Pending Sale .......................................

1

0

0

0

-100.0%

Properties For Sale ................................................

8

3

5

7

-12.5%

Days on Market (Pending Sale) ...........................

104

0

0

0

-100.0%

Month’s Supply of Inventory ................................

0

0

0

7

0%

Percent Under Contract ........................................

12.5%

0.0%

0.0%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$1,344,000

$1,085,000

$1,085,000

$1,630,178

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 NOV DEC

$970,000

JAN FEB

MEDIAN SALES PRICE

MAR

$606

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$970 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Westminster DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$520,000

$518,500

$545,000

$562,000

8.1%

Average Price per Square Foot ...........................

$320

$307

$347

$344

7.5%

Properties Sold .......................................................

31

36

37

29

-6.5%

Properties Pending Sale .......................................

32

43

32

26

-18.8%

Properties For Sale ................................................

104

140

121

91

-12.5%

Days on Market (Pending Sale) ...........................

42

42

50

55

31.0%

Month’s Supply of Inventory ................................

3.4

3.9

3.3

3.1

-6.5%

Percent Under Contract ........................................

30.8%

30.7%

26.4%

28.6%

-7.1%

Average Median Price for Last 12 Months ........

$474,000

$538,907

$542,833

$527,188

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 NOV

$520

DEC

$562,000

JAN FEB

MEDIAN SALES PRICE

MAR

$344

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$562 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


West Bay - Santa Ana Heights DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$1,617,500

$1,270,000

$1,283,750

$1,375,000

-15.0%

Average Price per Square Foot ...........................

$626

$556

$549

$564

-9.9%

Properties Sold .......................................................

10

9

12

10

0.0%

Properties Pending Sale .......................................

10

15

7

12

20.0%

Properties For Sale ................................................

45

68

60

60

33.3%

Days on Market (Pending Sale) ...........................

60

58

80

104

73.3%

Month’s Supply of Inventory ................................

4.5

7.6

5

6

33.3%

Percent Under Contract ........................................

22.2%

22.1%

11.7%

20.0%

-10.0%

Average Median Price for Last 12 Months ........

$1,381,000

$1,501,792

$1,547,333

$1,502,827

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 NOV

$1.617

DEC

$1,375,000

JAN FEB

MEDIAN SALES PRICE

MAR

$564

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.375 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


West Newport - Lido DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$1,600,000

$2,850,000

$2,222,500

$1,976,000

23.5%

Average Price per Square Foot ...........................

$1,129

$1,191

$1,166

$832

-26.3%

Properties Sold .......................................................

7

10

10

4

-42.9%

Properties Pending Sale .......................................

8

11

10

7

-12.5%

Properties For Sale ................................................

52

57

53

48

-7.7%

Days on Market (Pending Sale) ...........................

93

66

68

80

-14.0%

Month’s Supply of Inventory ................................

7.4

5.7

5.3

12

61.5%

Percent Under Contract ........................................

15.4%

19.3%

18.9%

14.6%

-5.2%

Average Median Price for Last 12 Months ........

$1,821,000

$1,962,200

$2,113,000

$2,061,679

13.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$1.600

DEC

$1,976,000

JAN FEB

MEDIAN SALES PRICE

MAR

$832

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

12 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.976 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 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 : November 2014

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County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : November 2014

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Carpinteria DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$2,200,000

$708,250

$1,792,500

$820,000

-62.7%

Average Price per Square Foot ...........................

$532

$521

$625

$576

8.3%

Properties Sold .......................................................

5

6

6

9

80.0%

Properties Pending Sale .......................................

5

2

7

4

-20.0%

Properties For Sale ................................................

38

37

45

34

-10.5%

Days on Market (Pending Sale) ...........................

33

87

157

37

12.1%

Month’s Supply of Inventory ................................

7.6

6.2

7.5

3.8

-50.3%

Percent Under Contract ........................................

13.2%

5.4%

15.6%

11.8%

-10.6%

Average Median Price for Last 12 Months ........

$926,000

$1,532,833

$880,500

$1,418,152

53.1%

*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 $2.200

NOV DEC

$820,000

JAN FEB

MEDIAN SALES PRICE

MAR

$576

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$820 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Goleta DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$802,500

$780,000

$820,000

$700,000

-12.8%

Average Price per Square Foot ...........................

$419

$443

$445

$417

-0.5%

Properties Sold .......................................................

10

8

7

7

-30.0%

Properties Pending Sale .......................................

6

5

8

7

16.7%

Properties For Sale ................................................

26

18

30

29

11.5%

Days on Market (Pending Sale) ...........................

27

13

18

58

114.8%

Month’s Supply of Inventory ................................

2.6

2.2

4.3

4.1

59.3%

Percent Under Contract ........................................

23.1%

27.8%

26.7%

24.1%

4.6%

Average Median Price for Last 12 Months ........

$744,000

$798,083

$774,833

$796,923

7.1%

*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 NOV

$802

DEC

$700,000

JAN FEB

MEDIAN SALES PRICE

MAR

$417

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Hope Ranch DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$3,575,000

$2,812,500

$3,300,000

$1,899,000

-46.9%

Average Price per Square Foot ...........................

$697

$875

$832

$583

-16.4%

Properties Sold .......................................................

2

1

5

2

0.0%

Properties Pending Sale .......................................

2

3

2

4

100.0%

Properties For Sale ................................................

40

38

37

28

-30.0%

Days on Market (Pending Sale) ...........................

19

40

31

354

1763.2%

Month’s Supply of Inventory ................................

20

38

7.4

14

-30.0%

Percent Under Contract ........................................

5.0%

7.9%

5.4%

14.3%

185.7%

Average Median Price for Last 12 Months ........

$2,818,000

$2,393,667

$2,269,000

$3,010,404

6.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $3.575

NOV DEC

$1,899,000

JAN FEB

MEDIAN SALES PRICE

MAR

$583

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

14 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.899 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Montecito DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$2,323,750

$2,167,500

$3,328,000

$2,675,000

15.1%

Average Price per Square Foot ...........................

$1,146

$871

$912

$793

-30.8%

Properties Sold .......................................................

14

18

23

5

-64.3%

Properties Pending Sale .......................................

19

27

18

11

-42.1%

Properties For Sale ................................................

175

195

173

143

-18.3%

Days on Market (Pending Sale) ...........................

168

86

127

128

-23.8%

Month’s Supply of Inventory ................................

12.5

10.8

7.5

28.6

128.8%

Percent Under Contract ........................................

10.9%

13.8%

10.4%

7.7%

-29.1%

Average Median Price for Last 12 Months ........

$2,533,000

$3,108,500

$2,684,333

$2,695,750

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 NOV

$2.323

DEC

$2,675,000

JAN FEB

MEDIAN SALES PRICE

MAR

$793

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

28.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$2.675 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 : November 2014

telesproperties.com


Santa Barbara East of State DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$925,000

$1,425,000

$1,315,000

$1,018,750

10.1%

Average Price per Square Foot ...........................

$592

$659

$684

$675

14.0%

Properties Sold .......................................................

21

41

28

24

14.3%

Properties Pending Sale .......................................

25

21

27

24

-4.0%

Properties For Sale ................................................

124

119

140

115

-7.3%

Days on Market (Pending Sale) ...........................

71

40

61

89

25.4%

Month’s Supply of Inventory ................................

5.9

2.9

5

4.8

-18.9%

Percent Under Contract ........................................

20.2%

17.6%

19.3%

20.9%

3.5%

Average Median Price for Last 12 Months ........

$977,000

$1,173,292

$1,149,583

$1,189,635

21.8%

*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 NOV

$925

DEC

$1,018,750

JAN FEB

MEDIAN SALES PRICE

MAR

$675

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.018 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Santa Barbara West of State DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$850,000

$950,000

$1,338,000

$1,175,000

38.2%

Average Price per Square Foot ...........................

$613

$500

$723

$572

-6.7%

Properties Sold .......................................................

19

27

23

21

10.5%

Properties Pending Sale .......................................

20

20

23

19

-5.0%

Properties For Sale ................................................

67

69

74

75

11.9%

Days on Market (Pending Sale) ...........................

35

24

28

59

68.6%

Month’s Supply of Inventory ................................

3.5

2.6

3.2

3.6

1.3%

Percent Under Contract ........................................

29.9%

29.0%

31.1%

25.3%

-15.1%

Average Median Price for Last 12 Months ........

$818,000

$1,075,500

$1,155,000

$999,115

22.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$850

DEC

$1,175,000

JAN FEB

MEDIAN SALES PRICE

MAR

$572

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.175 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Santa Ynez DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$618,000

$600,000

$946,250

$548,750

-11.2%

Average Price per Square Foot ...........................

$301

$463

$424

$395

31.2%

Properties Sold .......................................................

7

11

14

12

71.4%

Properties Pending Sale .......................................

9

13

8

10

11.1%

Properties For Sale ................................................

113

126

124

104

-8.0%

Days on Market (Pending Sale) ...........................

36

92

331

81

125.0%

Month’s Supply of Inventory ................................

16.1

11.5

8.9

8.7

-46.3%

Percent Under Contract ........................................

8.0%

10.3%

6.5%

9.6%

20.7%

Average Median Price for Last 12 Months ........

$672,000

$723,167

$560,917

$700,538

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 NOV

$618

DEC

$548,750

JAN FEB

MEDIAN SALES PRICE

MAR

$395

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

8.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$548 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : November 2014

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County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : November 2014

telesproperties.com


Carmel DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$1,462,500

$1,072,500

$1,260,000

$1,665,000

13.8%

Average Price per Square Foot ...........................

$937

$729

$733

$952

1.6%

Properties Sold .......................................................

14

30

25

15

7.1%

Properties Pending Sale .......................................

22

29

13

16

-27.3%

Properties For Sale ................................................

149

153

134

118

-20.8%

Days on Market (Pending Sale) ...........................

109

102

81

94

-13.8%

Month’s Supply of Inventory ................................

10.6

5.1

5.4

7.9

-26.1%

Percent Under Contract ........................................

14.8%

19.0%

9.7%

13.6%

-8.2%

Average Median Price for Last 12 Months ........

$1,255,000

$1,509,358

$1,648,717

$1,457,156

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 NOV

$1.462

DEC

$1,665,000

JAN FEB

MEDIAN SALES PRICE

MAR

$952

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

7.9 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.665 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Carmel Valley DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$1,200,000

$1,039,000

$921,000

$721,500

-39.9%

Average Price per Square Foot ...........................

$630

$445

$426

$504

-20.0%

Properties Sold .......................................................

7

17

15

6

-14.3%

Properties Pending Sale .......................................

12

17

11

9

-25.0%

Properties For Sale ................................................

111

99

97

93

-16.2%

Days on Market (Pending Sale) ...........................

103

66

181

78

-24.3%

Month’s Supply of Inventory ................................

15.9

5.8

6.5

15.5

-2.3%

Percent Under Contract ........................................

10.8%

17.2%

11.3%

9.7%

-10.5%

Average Median Price for Last 12 Months ........

$900,000

$842,417

$858,833

$988,596

9.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.200

NOV DEC

$721,500

JAN FEB

MEDIAN SALES PRICE

MAR

$504

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

15.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$721 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Pacific Grove DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$695,000

$702,500

$717,500

$840,000

20.9%

Average Price per Square Foot ...........................

$517

$460

$553

$610

18.0%

Properties Sold .......................................................

11

14

12

13

18.2%

Properties Pending Sale .......................................

13

12

13

13

0.0%

Properties For Sale ................................................

50

58

64

58

16.0%

Days on Market (Pending Sale) ...........................

94

50

27

73

-22.3%

Month’s Supply of Inventory ................................

4.5

4.1

5.3

4.5

-1.8%

Percent Under Contract ........................................

26.0%

20.7%

20.3%

22.4%

-13.8%

Average Median Price for Last 12 Months ........

$677,000

$746,667

$773,000

$738,419

9.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$695

DEC

$840,000

JAN FEB

MEDIAN SALES PRICE

MAR

$610

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$840 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Pebble Beach DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$1,027,725

$1,445,000

$1,610,000

$1,175,000

14.3%

Average Price per Square Foot ...........................

$529

$995

$578

$430

-18.7%

Properties Sold .......................................................

6

13

8

5

-16.7%

Properties Pending Sale .......................................

10

11

16

10

0.0%

Properties For Sale ................................................

92

79

98

84

-8.7%

Days on Market (Pending Sale) ...........................

150

116

158

80

-46.7%

Month’s Supply of Inventory ................................

15.3

6.1

12.2

16.8

9.6%

Percent Under Contract ........................................

10.9%

13.9%

16.3%

11.9%

9.5%

Average Median Price for Last 12 Months ........

$1,313,000

$1,429,167

$1,344,167

$1,473,248

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 NOV

$1.027

DEC

$1,175,000

JAN FEB

MEDIAN SALES PRICE

MAR

$430

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

16.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$1.175 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 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 : November 2014

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : November 2014

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Beverly Center - Miracle Mile DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$747,500

$645,500

$660,000

$670,000

-10.4%

Average Price per Square Foot ...........................

$538

$504

$487

$490

-8.9%

Properties Sold .......................................................

12

8

13

7

-41.7%

Properties Pending Sale .......................................

14

15

10

7

-50.0%

Properties For Sale ................................................

37

39

34

36

-2.7%

Days on Market (Pending Sale) ...........................

61

27

44

73

19.7%

Month’s Supply of Inventory ................................

3.1

4.9

2.6

5.1

66.8%

Percent Under Contract ........................................

37.8%

38.5%

29.4%

19.4%

-48.6%

Average Median Price for Last 12 Months ........

$590,000

$600,833

$613,333

$650,962

10.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$747

DEC

$670,000

JAN FEB

MEDIAN SALES PRICE

MAR

$490

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$670 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Beverly Hills DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$905,000

$1,152,500

$1,259,000

$784,500

-13.3%

Average Price per Square Foot ...........................

$573

$716

$1,054

$702

22.5%

Properties Sold .......................................................

4

12

9

6

50.0%

Properties Pending Sale .......................................

8

11

8

7

-12.5%

Properties For Sale ................................................

49

56

56

55

12.2%

Days on Market (Pending Sale) ...........................

37

42

48

89

140.5%

Month’s Supply of Inventory ................................

12.2

4.7

6.2

9.2

-25.2%

Percent Under Contract ........................................

16.3%

19.6%

14.3%

12.7%

-22.0%

Average Median Price for Last 12 Months ........

$862,000

$1,075,667

$1,119,000

$1,063,615

23.4%

*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 NOV

$905

DEC

$784,500

JAN FEB

MEDIAN SALES PRICE

MAR

$702

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

9.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$784 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Brentwood DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$600,000

$672,500

$809,500

$835,000

39.2%

Average Price per Square Foot ...........................

$441

$513

$560

$521

18.1%

Properties Sold .......................................................

9

20

30

14

55.6%

Properties Pending Sale .......................................

15

20

28

15

0.0%

Properties For Sale ................................................

68

86

105

75

10.3%

Days on Market (Pending Sale) ...........................

33

37

37

53

60.6%

Month’s Supply of Inventory ................................

7.6

4.3

3.5

5.4

-29.1%

Percent Under Contract ........................................

22.1%

23.3%

26.7%

20.0%

-9.3%

Average Median Price for Last 12 Months ........

$680,000

$775,833

$805,000

$761,923

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 NOV

$600

DEC

$835,000

JAN FEB

MEDIAN SALES PRICE

MAR

$521

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.4 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$835 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Culver City DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$466,500

$410,000

$442,000

$415,000

-11.0%

Average Price per Square Foot ...........................

$369

$415

$416

$357

-3.3%

Properties Sold .......................................................

10

16

15

15

50.0%

Properties Pending Sale .......................................

10

22

19

13

30.0%

Properties For Sale ................................................

34

52

47

47

38.2%

Days on Market (Pending Sale) ...........................

22

28

35

46

109.1%

Month’s Supply of Inventory ................................

3.4

3.2

3.1

3.1

-7.8%

Percent Under Contract ........................................

29.4%

42.3%

40.4%

27.7%

-6.0%

Average Median Price for Last 12 Months ........

$375,000

$419,542

$416,667

$414,981

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 NOV

$466

DEC

$415,000

JAN FEB

MEDIAN SALES PRICE

MAR

$357

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.1 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$415 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

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Encino DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$280,000

$320,000

$275,000

$287,000

2.5%

Average Price per Square Foot ...........................

$229

$267

$273

$270

17.9%

Properties Sold .......................................................

7

15

13

10

42.9%

Properties Pending Sale .......................................

13

24

14

18

38.5%

Properties For Sale ................................................

37

40

46

46

24.3%

Days on Market (Pending Sale) ...........................

44

59

57

80

81.8%

Month’s Supply of Inventory ................................

5.3

2.7

3.5

4.6

-13.0%

Percent Under Contract ........................................

35.1%

60.0%

30.4%

39.1%

11.4%

Average Median Price for Last 12 Months ........

$270,385

$285,667

$307,333

$297,000

9.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$280

DEC

$287,000

JAN FEB

MEDIAN SALES PRICE

MAR

$270

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.6 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$287 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Malibu DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$0

$1,025,000

$1,100,000

$845,000

0%

Average Price per Square Foot ...........................

$0

$480

$536

$607

0%

Properties Sold .......................................................

0

3

4

4

0%

Properties Pending Sale .......................................

2

1

6

0

-100.0%

Properties For Sale ................................................

24

17

33

22

-8.3%

Days on Market (Pending Sale) ...........................

23

15

51

0

-100.0%

Month’s Supply of Inventory ................................

0

5.7

8.2

5.5

0%

Percent Under Contract ........................................

8.3%

5.9%

18.2%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$683,000

$905,667

$986,667

$849,167

24.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV DEC

$845,000

JAN FEB

MEDIAN SALES PRICE

MAR

$607

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$845 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Marina Del Rey DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$685,000

$817,500

$777,500

$749,500

9.4%

Average Price per Square Foot ...........................

$517

$511

$517

$530

2.5%

Properties Sold .......................................................

19

26

26

30

57.9%

Properties Pending Sale .......................................

24

32

22

20

-16.7%

Properties For Sale ................................................

148

146

110

100

-32.4%

Days on Market (Pending Sale) ...........................

64

76

104

52

-18.8%

Month’s Supply of Inventory ................................

7.8

5.6

4.2

3.3

-57.2%

Percent Under Contract ........................................

16.2%

21.9%

20.0%

20.0%

23.3%

Average Median Price for Last 12 Months ........

$694,000

$769,458

$759,750

$748,550

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 NOV

$685

DEC

$749,500

JAN FEB

MEDIAN SALES PRICE

MAR

$530

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

3.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$749 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Santa Monica DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$717,750

$884,500

$1,010,000

$833,500

16.1%

Average Price per Square Foot ...........................

$651

$752

$993

$850

30.6%

Properties Sold .......................................................

32

28

53

30

-6.2%

Properties Pending Sale .......................................

28

40

51

39

39.3%

Properties For Sale ................................................

101

156

171

127

25.7%

Days on Market (Pending Sale) ...........................

42

42

44

42

0.0%

Month’s Supply of Inventory ................................

3.2

5.6

3.2

4.2

34.1%

Percent Under Contract ........................................

27.7%

25.6%

29.8%

30.7%

10.8%

Average Median Price for Last 12 Months ........

$742,000

$999,400

$981,300

$874,881

17.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$717

DEC

$833,500

JAN FEB

MEDIAN SALES PRICE

MAR

$850

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$833 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Sherman Oaks DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$380,000

$413,000

$390,000

$401,000

5.5%

Average Price per Square Foot ...........................

$313

$313

$295

$303

-3.2%

Properties Sold .......................................................

18

21

21

17

-5.6%

Properties Pending Sale .......................................

21

16

19

25

19.0%

Properties For Sale ................................................

35

53

49

46

31.4%

Days on Market (Pending Sale) ...........................

45

60

48

87

93.3%

Month’s Supply of Inventory ................................

1.9

2.5

2.3

2.7

39.2%

Percent Under Contract ........................................

60.0%

30.2%

38.8%

54.3%

-9.4%

Average Median Price for Last 12 Months ........

$344,308

$394,667

$394,333

$397,077

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 NOV

$380

DEC

$401,000

JAN FEB

MEDIAN SALES PRICE

MAR

$303

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

2.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$401 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Studio City DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$380,000

$540,000

$530,000

$613,000

61.3%

Average Price per Square Foot ...........................

$359

$340

$409

$375

4.5%

Properties Sold .......................................................

6

7

13

6

0.0%

Properties Pending Sale .......................................

12

8

9

7

-41.7%

Properties For Sale ................................................

29

37

32

32

10.3%

Days on Market (Pending Sale) ...........................

63

97

58

96

52.4%

Month’s Supply of Inventory ................................

4.8

5.3

2.5

5.3

10.3%

Percent Under Contract ........................................

41.4%

21.6%

28.1%

21.9%

-47.1%

Average Median Price for Last 12 Months ........

$435,923

$511,000

$520,667

$490,538

12.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$380

DEC

$613,000

JAN FEB

MEDIAN SALES PRICE

MAR

$375

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

5.3 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$613 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Venice DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$899,000

$1,643,000

$1,287,500

$729,000

-18.9%

Average Price per Square Foot ...........................

$597

$1,088

$885

$562

-5.9%

Properties Sold .......................................................

7

2

4

3

-57.1%

Properties Pending Sale .......................................

2

8

7

2

0.0%

Properties For Sale ................................................

10

29

30

26

160.0%

Days on Market (Pending Sale) ...........................

102

14

76

128

25.5%

Month’s Supply of Inventory ................................

1.4

14.5

7.5

8.7

506.7%

Percent Under Contract ........................................

20.0%

27.6%

23.3%

7.7%

-61.5%

Average Median Price for Last 12 Months ........

$1,105,000

$1,085,500

$901,333

$1,107,942

0.3%

*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 NOV

$899

DEC

$729,000

JAN FEB

MEDIAN SALES PRICE

MAR

$562

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

8.7 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$729 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


West Hollywood DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$775,000

$610,000

$642,500

$644,500

-16.8%

Average Price per Square Foot ...........................

$611

$551

$542

$549

-10.1%

Properties Sold .......................................................

19

29

28

28

47.4%

Properties Pending Sale .......................................

29

32

25

23

-20.7%

Properties For Sale ................................................

128

138

135

133

3.9%

Days on Market (Pending Sale) ...........................

79

42

33

58

-26.6%

Month’s Supply of Inventory ................................

6.7

4.8

4.8

4.8

-29.5%

Percent Under Contract ........................................

22.7%

23.2%

18.5%

17.3%

-23.7%

Average Median Price for Last 12 Months ........

$530,000

$628,667

$636,500

$639,904

20.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $775

NOV DEC

$644,500

JAN FEB

MEDIAN SALES PRICE

MAR

$549

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

4.8 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$644 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


West LA DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$760,000

$706,000

$620,000

$717,000

-5.7%

Average Price per Square Foot ...........................

$460

$476

$473

$490

6.5%

Properties Sold .......................................................

9

9

13

8

-11.1%

Properties Pending Sale .......................................

7

20

14

10

42.9%

Properties For Sale ................................................

44

66

54

52

18.2%

Days on Market (Pending Sale) ...........................

47

32

38

72

53.2%

Month’s Supply of Inventory ................................

4.9

7.3

4.2

6.5

33.0%

Percent Under Contract ........................................

15.9%

30.3%

25.9%

19.2%

20.9%

Average Median Price for Last 12 Months ........

$635,000

$645,500

$654,167

$649,250

2.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$760

DEC

$717,000

JAN FEB

MEDIAN SALES PRICE

MAR

$490

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

6.5 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$717 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


Westwood - Century City DATA*

Nov 2013

6 month

3 month

Nov 2014

% change

Median Price ..........................................................

$654,000

$805,000

$750,875

$810,000

23.9%

Average Price per Square Foot ...........................

$589

$677

$571

$596

1.2%

Properties Sold .......................................................

44

39

40

33

-25.0%

Properties Pending Sale .......................................

39

44

54

41

5.1%

Properties For Sale ................................................

277

294

296

270

-2.5%

Days on Market (Pending Sale) ...........................

64

58

78

57

-10.9%

Month’s Supply of Inventory ................................

6.3

7.5

7.4

8.2

30.0%

Percent Under Contract ........................................

14.1%

15.0%

18.2%

15.2%

7.9%

Average Median Price for Last 12 Months ........

$684,000

$765,063

$770,833

$749,957

9.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot NOV

$654

DEC

$810,000

JAN FEB

MEDIAN SALES PRICE

MAR

$596

APR MAY

AVERAGE PRICE PER SQ FT

JUN JUL AUG

8.2 MONTH’S SUPPLY OF INVENTORY

SEP OCT NOV

$810 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : November 2014

telesproperties.com


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