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

telesproperties.com


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

Micro Market Report : October 2014

telesproperties.com


Los Angeles County DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$839,500

$907,000

$952,900

$930,000

10.8%

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

$590

$614

$627

$635

7.6%

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

804

679

858

789

-1.9%

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

824

826

839

828

0.5%

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

3,892

3,606

4,087

3,987

2.4%

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

51

47

47

54

5.9%

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

4.8

5.3

4.8

5.1

4.4%

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

21.2%

22.9%

20.5%

20.8%

-1.9%

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

$767,000

$933,067

$907,500

$896,204

14.4%

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

current market snapshot OCT

$839

NOV

$930,000

DEC JAN

MEDIAN SALES PRICE

FEB

$635

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$930 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Bel-Air Holmby Hills DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$2,414,000

$7,400,000

$2,058,000

$2,011,100

-16.7%

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

$830

$969

$838

$694

-16.4%

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

25

3

13

10

-60.0%

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

18

9

8

24

33.3%

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

133

107

119

137

3.0%

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

73

136

44

67

-8.2%

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

5.3

35.7

9.2

13.7

157.5%

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

13.5%

8.4%

6.7%

17.5%

29.4%

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

$1,985,000

$2,471,399

$2,353,867

$2,631,953

24.6%

*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 OCT

$2.414

NOV

$2,011,100

DEC JAN

MEDIAN SALES PRICE

FEB

$694

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

13.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.011 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Beverly Center - Miracle Mile DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,431,250

$1,265,000

$1,314,500

$1,250,000

-12.7%

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

$647

$623

$645

$612

-5.4%

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

22

13

17

20

-9.1%

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

10

15

19

13

30.0%

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

53

58

75

61

15.1%

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

22

51

35

65

195.5%

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

2.4

4.5

4.4

3

26.6%

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

18.9%

25.9%

25.3%

21.3%

13.0%

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

$1,120,000

$1,346,458

$1,368,417

$1,343,750

16.7%

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

current market snapshot OCT

$1.431

NOV

$1,250,000

DEC JAN

MEDIAN SALES PRICE

FEB

$612

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

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

Micro Market Report : October 2014

telesproperties.com


Beverly Hills DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$6,000,000

$4,157,000

$3,050,000

$2,997,500

-50.0%

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

$1,298

$1,145

$1,070

$1,156

-10.9%

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

13

18

11

14

7.7%

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

20

12

14

14

-30.0%

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

117

90

95

102

-12.8%

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

112

26

46

121

8.0%

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

9

5

8.6

7.3

-19.0%

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

17.1%

13.3%

14.7%

13.7%

-19.7%

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

$4,459,000

$3,762,500

$3,460,000

$4,553,685

2.1%

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

current market snapshot $6.000

OCT NOV

$2,997,500

DEC JAN

MEDIAN SALES PRICE

FEB

$1,156

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

7.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.997 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Beverly Hills- Post Office DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$2,340,000

$2,740,000

$2,960,000

$2,275,000

-2.8%

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

$831

$801

$916

$811

-2.4%

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

13

16

12

17

30.8%

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

13

11

15

14

7.7%

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

132

121

132

143

8.3%

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

48

62

93

81

68.8%

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

10.2

7.6

11

8.4

-17.2%

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

9.8%

9.1%

11.4%

9.8%

-0.6%

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

$2,022,000

$2,556,667

$2,911,667

$2,398,962

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 OCT

$2.340

NOV

$2,275,000

DEC JAN

MEDIAN SALES PRICE

FEB

$811

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

8.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.275 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 : October 2014

telesproperties.com


Beverlywood DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$985,000

$1,107,500

$1,029,000

$930,500

-5.5%

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

$569

$616

$580

$584

2.6%

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

14

20

19

22

57.1%

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

14

16

21

7

-50.0%

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

54

55

67

46

-14.8%

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

29

52

46

50

72.4%

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

3.9

2.8

3.5

2.1

-45.8%

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

25.9%

29.1%

31.3%

15.2%

-41.3%

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

$829,000

$995,000

$1,031,833

$986,731

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 OCT

$985

NOV

$930,500

DEC JAN

MEDIAN SALES PRICE

FEB

$584

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$930 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Brentwood DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$2,538,000

$2,575,000

$2,717,500

$2,989,500

17.8%

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

$848

$986

$909

$1,013

19.5%

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

13

13

20

22

69.2%

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

21

17

19

29

38.1%

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

122

112

108

126

3.3%

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

73

63

56

44

-39.7%

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

9.4

8.6

5.4

5.7

-39.0%

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

17.2%

15.2%

17.6%

23.0%

33.7%

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

$2,224,000

$2,859,167

$2,847,000

$2,748,714

19.1%

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

current market snapshot OCT

$2.538

NOV

$2,989,500

DEC JAN

MEDIAN SALES PRICE

FEB

$1,013

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.989 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,577,500

$1,285,000

$1,395,000

$1,820,000

15.4%

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

$733

$621

$746

$728

-0.7%

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

6

7

7

7

16.7%

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

5

7

9

5

0.0%

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

16

18

27

23

43.8%

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

19

22

26

15

-21.1%

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

2.7

2.6

3.9

3.3

23.2%

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

31.2%

38.9%

33.3%

21.7%

-30.4%

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

$1,365,000

$1,640,500

$1,730,167

$1,613,223

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 OCT

$1.577

NOV

$1,820,000

DEC JAN

MEDIAN SALES PRICE

FEB

$728

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.820 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 : October 2014

telesproperties.com


Culver City DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$830,000

$902,000

$893,250

$808,000

-2.7%

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

$585

$597

$596

$592

1.2%

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

12

22

16

22

83.3%

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

12

12

16

17

41.7%

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

36

34

53

45

25.0%

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

35

14

20

43

22.9%

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

3

1.5

3.3

2

-31.8%

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

33.3%

35.3%

30.2%

37.8%

13.3%

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

$759,000

$838,633

$816,183

$817,658

7.2%

*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 OCT

$830

NOV

$808,000

DEC JAN

MEDIAN SALES PRICE

FEB

$592

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$808 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Hancock Park - Wilshire DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,427,500

$1,215,000

$1,625,000

$1,335,000

-6.5%

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

$648

$580

$661

$611

-5.7%

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

29

19

26

21

-27.6%

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

24

26

29

25

4.2%

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

108

108

116

107

-0.9%

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

41

43

52

52

26.8%

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

3.7

5.7

4.5

5.1

36.8%

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

22.2%

24.1%

25.0%

23.4%

5.1%

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

$1,157,000

$1,343,708

$1,319,667

$1,365,304

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 OCT

$1.427

NOV

$1,335,000

DEC JAN

MEDIAN SALES PRICE

FEB

$611

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.335 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Hollywood DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$532,500

$857,500

$687,000

$917,000

72.2%

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

$368

$545

$457

$532

44.6%

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

4

4

6

9

125.0%

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

5

5

5

7

40.0%

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

20

29

21

28

40.0%

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

80

53

14

30

-62.5%

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

5

7.2

3.5

3.1

-37.8%

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

25.0%

17.2%

23.8%

25.0%

0.0%

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

$688,000

$880,102

$753,667

$879,843

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 OCT

$532

NOV

$917,000

DEC JAN

MEDIAN SALES PRICE

FEB

$532

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$917 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Hollywood Hills East DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,071,250

$1,143,500

$1,134,000

$1,138,750

6.3%

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

$483

$527

$512

$609

26.1%

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

18

8

18

12

-33.3%

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

17

10

9

11

-35.3%

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

63

61

69

60

-4.8%

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

44

62

79

44

0.0%

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

3.7

6.1

7.7

5

34.9%

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

27.0%

16.4%

13.0%

18.3%

-32.1%

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

$994,000

$1,117,558

$1,168,233

$1,185,315

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 OCT

$1.071

NOV

$1,138,750

DEC JAN

MEDIAN SALES PRICE

FEB

$609

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.138 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Laurel Canyon DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,275,000

$1,290,000

$1,428,000

$1,465,000

14.9%

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

$596

$805

$727

$794

33.2%

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

23

20

33

27

17.4%

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

25

32

24

26

4.0%

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

141

142

147

138

-2.1%

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

50

55

49

48

-4.0%

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

5.6

4.4

6.1

5.1

-9.4%

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

17.7%

22.5%

16.3%

18.8%

6.3%

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

$1,215,000

$1,380,500

$1,438,333

$1,355,996

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 OCT

$1.275

NOV

$1,465,000

DEC JAN

MEDIAN SALES PRICE

FEB

$794

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.465 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Los Feliz DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,739,000

$1,592,500

$1,250,000

$1,600,000

-8.0%

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

$695

$639

$603

$615

-11.5%

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

17

16

21

11

-35.3%

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

19

23

24

19

0.0%

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

72

91

99

68

-5.6%

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

32

28

35

60

87.5%

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

3.8

4

4.1

6.2

63.1%

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

26.4%

25.3%

24.2%

27.9%

5.9%

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

$1,148,000

$1,307,833

$1,368,167

$1,317,885

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 OCT

$1.739

NOV

$1,600,000

DEC JAN

MEDIAN SALES PRICE

FEB

$615

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

6.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Malibu DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$2,348,750

$2,200,000

$2,665,000

$2,852,500

21.4%

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

$778

$649

$809

$836

7.5%

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

18

15

18

14

-22.2%

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

15

12

13

16

6.7%

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

201

193

220

201

0.0%

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

109

104

185

142

30.3%

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

11.2

12.9

12.2

14.4

28.6%

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

7.5%

6.2%

5.9%

8.0%

6.7%

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

$1,866,000

$2,602,917

$2,659,167

$2,427,747

23.1%

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

current market snapshot OCT

$2.348

NOV

$2,852,500

DEC JAN

MEDIAN SALES PRICE

FEB

$836

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

14.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.852 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Malibu Beach DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$14,700,000

$3,595,125

$4,845,000

$13,325,000

-9.4%

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

$2,746

$1,193

$1,640

$2,419

-11.9%

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

1

2

2

2

100.0%

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

2

2

5

3

50.0%

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

78

78

85

73

-6.4%

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

148

75

72

130

-12.2%

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

78

39

42.5

36.5

-53.2%

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

2.6%

2.6%

5.9%

4.1%

60.3%

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

$6,657,000

$7,927,083

$9,062,500

$7,149,529

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 OCT

$14.700

NOV

$13,325,000

DEC JAN

MEDIAN SALES PRICE

FEB

$2,419

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

36.5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$13.325 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Marina Del Rey DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,225,000

$1,260,000

$0

$780,000

-36.3%

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

$729

$554

$0

$547

-25.0%

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

4

8

0

5

25.0%

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

2

6

3

5

150.0%

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

24

23

27

25

4.2%

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

38

44

22

30

-21.1%

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

6

2.9

0

5

-16.7%

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

8.3%

26.1%

11.1%

20.0%

140.0%

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

$1,543,000

$1,748,700

$1,309,167

$1,653,208

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 $1.225

OCT NOV

$780,000

DEC JAN

MEDIAN SALES PRICE

FEB

$547

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$780 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Mid Los Angeles DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$380,000

$526,000

$525,000

$548,600

44.4%

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

$289

$325

$297

$371

28.4%

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

23

15

15

22

-4.3%

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

20

25

15

16

-20.0%

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

86

64

67

70

-18.6%

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

50

49

37

52

4.0%

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

3.7

4.3

4.5

3.2

-14.9%

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

23.3%

39.1%

22.4%

22.9%

-1.7%

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

$415,000

$576,267

$574,200

$518,205

19.9%

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

current market snapshot OCT

$380

NOV

$548,600

DEC JAN

MEDIAN SALES PRICE

FEB

$371

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Mid Wilshire DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$644,500

$747,000

$610,000

$540,000

-16.2%

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

$330

$330

$305

$394

19.4%

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

4

2

3

3

-25.0%

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

3

4

0

2

-33.3%

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

14

18

15

15

7.1%

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

22

56

0

15

-31.8%

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

3.5

9

5

5

42.9%

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

21.4%

22.2%

0.0%

13.3%

-37.8%

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

$478,000

$640,250

$647,167

$635,227

24.8%

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

current market snapshot $644

OCT NOV

$540,000

DEC JAN

MEDIAN SALES PRICE

FEB

$394

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Pacific Palisades DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$2,577,302

$2,472,500

$2,862,467

$2,200,000

-14.6%

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

$910

$886

$905

$733

-19.5%

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

24

24

45

22

-8.3%

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

25

33

25

24

-4.0%

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

129

118

124

121

-6.2%

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

58

68

28

42

-27.6%

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

5.4

4.9

2.8

5.5

2.3%

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

19.4%

28.0%

20.2%

19.8%

2.3%

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

$2,231,000

$2,542,911

$2,278,333

$2,589,559

13.8%

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

current market snapshot OCT

$2.577

NOV

$2,200,000

DEC JAN

MEDIAN SALES PRICE

FEB

$733

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Palms - Mar Vista DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$992,551

$1,125,000

$967,000

$1,175,000

18.4%

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

$593

$653

$687

$627

5.7%

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

34

25

34

31

-8.8%

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

35

23

24

27

-22.9%

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

84

62

90

80

-4.8%

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

35

23

32

61

74.3%

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

2.5

2.5

2.6

2.6

4.5%

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

41.7%

37.1%

26.7%

33.8%

-19.0%

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

$871,000

$1,021,500

$1,035,667

$1,046,927

16.8%

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

current market snapshot OCT

$992

NOV

$1,175,000

DEC JAN

MEDIAN SALES PRICE

FEB

$627

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Playa Del Rey DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,300,000

$1,778,000

$1,260,000

$1,252,000

-3.7%

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

$405

$492

$532

$572

41.2%

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

3

4

3

4

33.3%

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

6

4

3

2

-66.7%

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

16

16

16

22

37.5%

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

87

22

51

134

54.0%

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

5.3

4

5.3

5.5

3.1%

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

37.5%

25.0%

18.8%

9.1%

-75.8%

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

$1,200,000

$1,214,750

$1,279,333

$1,225,866

2.1%

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

current market snapshot OCT

$1.300

NOV

$1,252,000

DEC JAN

MEDIAN SALES PRICE

FEB

$572

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.252 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Playa Vista DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$0

$1,000,000

$829,000

$1,220,750

0%

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

$0

$363

$549

$485

0%

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

0

1

1

2

0%

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

0

1

2

1

0%

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

6

6

6

6

0.0%

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

0

87

27

9

0%

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

0

6

6

3

0%

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

0.0%

16.7%

33.3%

16.7%

0%

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

$1,220,000

$1,206,850

$1,321,083

$1,203,656

-1.4%

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

current market snapshot OCT NOV

$1,220,750

DEC JAN

MEDIAN SALES PRICE

FEB

$485

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.220 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Santa Monica DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,765,000

$2,225,000

$1,682,500

$2,225,000

26.1%

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

$960

$927

$902

$932

-2.9%

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

19

20

28

29

52.6%

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

22

22

25

22

0.0%

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

89

82

90

83

-6.7%

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

40

47

40

54

35.0%

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

4.7

4.1

3.2

2.9

-38.9%

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

24.7%

26.8%

27.8%

26.5%

7.2%

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

$1,996,000

$1,935,875

$2,065,917

$1,915,192

-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 OCT

$1.765

NOV

$2,225,000

DEC JAN

MEDIAN SALES PRICE

FEB

$932

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.9 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.225 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,323,500

$1,642,500

$1,925,000

$2,050,525

54.9%

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

$715

$893

$773

$871

21.8%

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

34

33

46

36

5.9%

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

37

41

26

40

8.1%

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

277

245

263

279

0.7%

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

56

75

61

77

37.5%

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

8.1

7.4

5.7

7.8

-4.9%

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

13.4%

16.7%

9.9%

14.3%

7.3%

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

$1,463,000

$1,876,381

$1,943,508

$1,690,559

13.5%

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

current market snapshot OCT

$1.323

NOV

$2,050,525

DEC JAN

MEDIAN SALES PRICE

FEB

$871

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

7.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Venice DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,375,000

$1,722,000

$1,750,000

$1,441,375

4.8%

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

$866

$727

$981

$1,062

22.6%

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

18

8

22

18

0.0%

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

24

22

18

23

-4.2%

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

70

55

62

68

-2.9%

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

42

34

37

51

21.4%

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

3.9

6.9

2.8

3.8

-2.9%

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

34.3%

40.0%

29.0%

33.8%

-1.3%

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

$1,350,000

$1,590,646

$1,547,125

$1,522,052

12.7%

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

current market snapshot OCT

$1.375

NOV

$1,441,375

DEC JAN

MEDIAN SALES PRICE

FEB

$1,062

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.441 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


West Hollywood DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,325,000

$1,376,130

$943,000

$1,250,000

-5.7%

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

$622

$921

$881

$968

55.6%

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

13

10

10

7

-46.2%

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

12

11

14

12

0.0%

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

57

43

58

52

-8.8%

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

48

29

20

56

16.7%

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

4.4

4.3

5.8

7.4

69.4%

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

21.1%

25.6%

24.1%

23.1%

9.6%

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

$1,161,000

$1,239,511

$1,357,708

$1,205,371

3.7%

*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 OCT

$1.325

NOV

$1,250,000

DEC JAN

MEDIAN SALES PRICE

FEB

$968

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

7.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

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

Micro Market Report : October 2014

telesproperties.com


West Los Angeles DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$724,250

$891,000

$810,000

$959,000

32.4%

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

$559

$602

$714

$600

7.3%

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

8

8

7

13

62.5%

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

8

11

7

12

50.0%

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

26

30

33

35

34.6%

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

64

47

46

35

-45.3%

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

3.2

3.8

4.7

2.7

-17.2%

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

30.8%

36.7%

21.2%

34.3%

11.4%

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

$740,000

$887,458

$910,500

$853,154

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 OCT

$724

NOV

$959,000

DEC JAN

MEDIAN SALES PRICE

FEB

$600

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$959 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Westchester DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$752,500

$814,000

$814,000

$894,000

18.8%

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

$451

$482

$494

$564

25.1%

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

24

17

33

19

-20.8%

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

28

16

27

21

-25.0%

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

56

63

81

70

25.0%

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

29

28

34

28

-3.4%

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

2.3

3.7

2.5

3.7

57.9%

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

50.0%

25.4%

33.3%

30.0%

-40.0%

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

$728,000

$829,917

$867,167

$834,308

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 OCT

$752

NOV

$894,000

DEC JAN

MEDIAN SALES PRICE

FEB

$564

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$894 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Westwood - Century City DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,275,000

$1,615,000

$2,200,000

$1,684,000

32.1%

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

$687

$701

$793

$796

15.9%

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

13

14

21

12

-7.7%

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

21

16

19

14

-33.3%

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

65

62

68

60

-7.7%

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

54

38

40

37

-31.5%

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

5

4.4

3.2

5

0.0%

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

32.3%

25.8%

27.9%

23.3%

-27.8%

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

$1,428,000

$1,841,083

$1,818,833

$1,729,962

21.1%

*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 OCT

$1.275

NOV

$1,684,000

DEC JAN

MEDIAN SALES PRICE

FEB

$796

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.684 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


South Bay Macro Market DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,189,000

$1,276,222

$1,322,906

$1,132,766

-4.7%

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

$555

$547

$539

$535

-3.6%

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

171

192

239

226

32.2%

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

177

208

206

217

22.6%

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

682

648

778

747

9.5%

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

56

44

36

60

8.4%

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

4

3.4

3.3

3.3

-17.1%

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

26.0%

32.1%

26.5%

29.0%

11.9%

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

$1,236,556

$1,372,542

$1,313,113

$1,357,423

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 OCT

$1.189

NOV

$1,132,766

DEC JAN

MEDIAN SALES PRICE

FEB

$535

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.132 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


El Segundo DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$827,000

$947,500

$950,000

$1,280,000

54.8%

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

$509

$495

$426

$436

-14.3%

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

5

8

9

7

40.0%

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

5

6

8

7

40.0%

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

19

21

16

14

-26.3%

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

57

37

36

41

-28.1%

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

3.8

2.6

1.8

2

-47.4%

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

26.3%

28.6%

50.0%

50.0%

90.0%

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

$841,000

$947,583

$1,005,833

$893,904

6.3%

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

current market snapshot OCT

$827

NOV

$1,280,000

DEC JAN

MEDIAN SALES PRICE

FEB

$436

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.280 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Manhattan Beach DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,585,000

$1,837,500

$1,955,250

$2,115,000

33.4%

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

$843

$843

$782

$822

-2.5%

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

25

42

31

35

40.0%

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

20

32

25

36

80.0%

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

75

95

89

83

10.7%

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

57

35

31

41

-28.1%

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

3

2.3

2.9

2.4

-21.0%

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

26.7%

33.7%

28.1%

43.4%

62.7%

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

$1,643,000

$1,954,625

$1,947,500

$1,886,635

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 OCT

$1.585

NOV

$2,115,000

DEC JAN

MEDIAN SALES PRICE

FEB

$822

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.115 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Palos Verdes Estates DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,464,000

$1,530,000

$1,650,000

$1,160,875

-20.7%

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

$582

$600

$592

$717

23.2%

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

12

16

19

16

33.3%

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

16

12

19

16

0.0%

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

68

63

84

85

25.0%

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

110

70

38

116

5.5%

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

5.7

3.9

4.4

5.3

-6.2%

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

23.5%

19.0%

22.6%

18.8%

-20.0%

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

$1,556,000

$1,745,979

$1,961,958

$1,651,375

6.1%

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

current market snapshot OCT

$1.464

NOV

$1,160,875

DEC JAN

MEDIAN SALES PRICE

FEB

$717

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.160 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Rancho Palos Verdes DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,028,000

$1,045,000

$1,094,400

$1,120,000

8.9%

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

$471

$523

$518

$495

5.1%

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

26

24

48

34

30.8%

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

26

30

43

31

19.2%

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

117

112

165

137

17.1%

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

81

44

55

58

-28.4%

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

4.5

4.7

3.4

4

-10.5%

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

22.2%

26.8%

26.1%

22.6%

1.8%

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

$1,052,000

$1,182,650

$1,144,500

$1,160,685

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 OCT

$1.028

NOV

$1,120,000

DEC JAN

MEDIAN SALES PRICE

FEB

$495

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.120 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Redondo Beach DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$847,000

$900,000

$1,019,000

$955,000

12.8%

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

$496

$558

$539

$580

16.9%

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

22

29

38

44

100.0%

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

28

31

27

31

10.7%

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

92

79

97

93

1.1%

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

36

35

36

58

61.1%

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

4.2

2.7

2.6

2.1

-49.5%

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

30.4%

39.2%

27.8%

33.3%

9.5%

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

$831,000

$940,473

$967,917

$890,757

7.2%

*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 OCT

$847

NOV

$955,000

DEC JAN

MEDIAN SALES PRICE

FEB

$580

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Rolling Hills DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$2,525,000

$2,925,000

$2,785,000

$0

-100.0%

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

$834

$683

$638

$0

-100.0%

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

3

3

3

0

-100.0%

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

2

1

2

2

0.0%

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

19

21

23

23

21.1%

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

16

32

7

74

362.5%

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

6.3

7

7.7

0

0%

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

10.5%

4.8%

8.7%

8.7%

-17.4%

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

$2,783,000

$3,385,880

$2,990,450

$3,283,822

18.0%

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

current market snapshot OCT

$2.525

NOV

No sales

DEC JAN

MEDIAN SALES PRICE

FEB

No sales

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

No sales MONTH’S SUPPLY OF INVENTORY

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

Micro Market Report : October 2014

telesproperties.com


Rolling Hills Estates DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,210,000

$1,182,000

$1,300,000

$1,302,500

7.6%

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

$507

$480

$573

$521

2.8%

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

8

6

15

8

0.0%

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

1

11

6

8

700.0%

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

12

26

33

29

141.7%

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

44

40

32

60

36.4%

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

1.5

4.3

2.2

3.6

141.7%

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

8.3%

42.3%

18.2%

27.6%

231.0%

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

$1,334,000

$1,364,792

$1,194,583

$1,281,981

-3.9%

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

current market snapshot OCT

$1.210

NOV

$1,302,500

DEC JAN

MEDIAN SALES PRICE

FEB

$521

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.302 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


San Pedro DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$485,000

$490,000

$522,500

$495,000

2.1%

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

$357

$331

$365

$313

-12.3%

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

31

23

24

28

-9.7%

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

29

31

23

34

17.2%

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

135

113

117

137

1.5%

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

46

74

53

48

4.3%

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

4.4

4.9

4.9

4.9

12.4%

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

21.5%

27.4%

19.7%

24.8%

15.5%

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

$475,000

$546,083

$554,667

$520,269

9.5%

*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 OCT

$485

NOV

$495,000

DEC JAN

MEDIAN SALES PRICE

FEB

$313

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4.9 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$495 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Torrance DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$730,000

$629,000

$630,000

$633,750

-13.2%

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

$398

$409

$422

$398

0.0%

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

39

41

52

54

38.5%

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

50

54

53

52

4.0%

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

145

118

154

146

0.7%

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

53

29

37

46

-13.2%

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

3.7

2.9

3

2.7

-27.3%

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

34.5%

45.8%

34.4%

35.6%

3.3%

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

$614,000

$660,333

$669,833

$647,385

5.4%

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

current market snapshot $730

OCT NOV

$633,750

DEC JAN

MEDIAN SALES PRICE

FEB

$398

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$633 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


San Fernando Valley Macro Market DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$732,286

$790,714

$803,357

$747,357

2.1%

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

$372

$384

$396

$393

5.7%

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

447

448

461

451

0.9%

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

520

490

479

526

1.2%

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

1,077

996

1,202

1,155

7.2%

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

54

58

52

69

26.3%

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

2.4

2.2

2.6

2.6

6.3%

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

48.3%

49.2%

39.9%

45.5%

-5.7%

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

$666,313

$774,702

$752,119

$753,797

13.1%

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

current market snapshot OCT

$732

NOV

$747,357

DEC JAN

MEDIAN SALES PRICE

FEB

$393

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$747 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Burbank DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$625,000

$610,000

$688,000

$650,000

4.0%

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

$395

$373

$413

$447

13.2%

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

60

52

57

40

-33.3%

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

56

49

51

51

-8.9%

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

93

62

85

89

-4.3%

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

40

46

38

49

22.5%

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

1.6

1.2

1.5

2.2

43.5%

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

60.2%

79.0%

60.0%

57.3%

-4.8%

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

$568,538

$656,833

$649,667

$637,154

12.1%

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

current market snapshot OCT

$625

NOV

$650,000

DEC JAN

MEDIAN SALES PRICE

FEB

$447

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

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

Micro Market Report : October 2014

telesproperties.com


Encino DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,248,000

$985,000

$1,099,000

$1,024,000

-17.9%

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

$447

$416

$492

$466

4.3%

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

36

41

41

41

13.9%

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

44

51

40

56

27.3%

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

113

110

112

106

-6.2%

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

50

44

61

57

14.0%

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

3.1

2.7

2.7

2.6

-17.6%

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

38.9%

46.4%

35.7%

52.8%

35.7%

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

$859,846

$1,059,000

$1,073,333

$1,039,308

20.9%

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

current market snapshot OCT

$1.248

NOV

$1,024,000

DEC JAN

MEDIAN SALES PRICE

FEB

$466

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.024 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Glendale DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$619,000

$708,000

$725,000

$725,000

17.1%

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

$393

$394

$406

$414

5.3%

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

36

50

64

56

55.6%

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

54

58

61

73

35.2%

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

126

108

121

134

6.3%

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

33

60

46

45

36.4%

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

3.5

2.2

1.9

2.4

-31.6%

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

42.9%

53.7%

50.4%

54.5%

27.1%

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

$644,462

$747,000

$748,667

$722,385

12.1%

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

current market snapshot OCT

$619

NOV

$725,000

DEC JAN

MEDIAN SALES PRICE

FEB

$414

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


La Crescenta DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$650,000

$749,000

$759,000

$680,000

4.6%

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

$410

$399

$406

$412

0.5%

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

27

18

19

25

-7.4%

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

27

22

30

23

-14.8%

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

29

38

48

32

10.3%

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

52

45

47

61

17.3%

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

1.1

2.1

2.5

1.3

19.2%

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

93.1%

57.9%

62.5%

71.9%

-22.8%

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

$623,385

$722,333

$716,000

$693,231

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 OCT

$650

NOV

$680,000

DEC JAN

MEDIAN SALES PRICE

FEB

$412

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

1.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


North Hollywood DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$380,000

$448,000

$470,000

$450,000

18.4%

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

$285

$337

$323

$316

10.9%

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

37

42

30

27

-27.0%

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

61

49

36

45

-26.2%

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

77

69

83

85

10.4%

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

48

61

40

62

29.2%

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

2.1

1.6

2.8

3.1

51.3%

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

79.2%

71.0%

43.4%

52.9%

-33.2%

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

$367,923

$447,833

$455,667

$431,538

17.3%

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

current market snapshot OCT

$380

NOV

$450,000

DEC JAN

MEDIAN SALES PRICE

FEB

$316

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Shadow Hills DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$633,000

$813,000

$873,000

$595,000

-6.0%

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

$246

$267

$282

$293

19.1%

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

2

2

4

2

0.0%

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

2

2

3

3

50.0%

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

16

10

13

15

-6.2%

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

35

51

41

165

371.4%

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

8

5

3.2

7.5

-6.2%

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

12.5%

20.0%

23.1%

20.0%

60.0%

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

$635,462

$690,500

$676,667

$724,538

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 OCT

$633

NOV

$595,000

DEC JAN

MEDIAN SALES PRICE

FEB

$293

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

7.5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Sherman Oaks DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$825,000

$938,000

$957,000

$833,000

1.0%

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

$437

$449

$467

$443

1.4%

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

57

59

56

62

8.8%

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

59

72

71

68

15.3%

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

151

125

168

148

-2.0%

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

50

57

45

49

-2.0%

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

2.6

2.1

3

2.4

-9.9%

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

39.1%

57.6%

42.3%

45.9%

17.6%

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

$766,615

$905,000

$862,667

$888,154

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 OCT

$825

NOV

$833,000

DEC JAN

MEDIAN SALES PRICE

FEB

$443

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Studio City DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$990,000

$1,270,000

$1,245,000

$1,160,000

17.2%

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

$489

$527

$545

$512

4.7%

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

28

24

36

39

39.3%

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

39

32

35

33

-15.4%

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

89

91

91

74

-16.9%

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

72

60

57

84

16.7%

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

3.2

3.8

2.5

1.9

-40.3%

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

43.8%

35.2%

38.5%

44.6%

1.8%

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

$938,462

$1,170,833

$1,128,333

$1,137,231

21.2%

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

current market snapshot OCT

$990

NOV

$1,160,000

DEC JAN

MEDIAN SALES PRICE

FEB

$512

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

1.9 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.160 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Sun Valley DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$378,000

$379,000

$380,000

$380,000

0.5%

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

$254

$285

$273

$324

27.6%

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

24

19

20

19

-20.8%

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

26

19

13

22

-15.4%

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

46

34

35

44

-4.3%

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

62

74

40

57

-8.1%

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

1.9

1.8

1.8

2.3

20.8%

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

56.5%

55.9%

37.1%

50.0%

-11.5%

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

$367,385

$389,000

$401,000

$387,769

5.5%

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

current market snapshot OCT

$378

NOV

$380,000

DEC JAN

MEDIAN SALES PRICE

FEB

$324

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$380 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Sunland/Tujunga DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$425,000

$467,000

$445,000

$485,000

14.1%

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

$313

$308

$322

$310

-1.0%

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

37

32

35

39

5.4%

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

42

37

39

46

9.5%

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

72

78

91

77

6.9%

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

48

46

55

55

14.6%

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

1.9

2.4

2.6

2

1.5%

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

58.3%

47.4%

42.9%

59.7%

2.4%

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

$378,615

$468,667

$493,333

$448,231

18.4%

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

current market snapshot OCT

$425

NOV

$485,000

DEC JAN

MEDIAN SALES PRICE

FEB

$310

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$485 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Tarzana DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$833,000

$1,046,000

$985,000

$890,000

6.8%

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

$331

$328

$348

$361

9.1%

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

26

30

26

22

-15.4%

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

29

19

22

26

-10.3%

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

70

75

108

103

47.1%

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

49

77

59

73

49.0%

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

2.7

2.5

4.2

4.7

73.9%

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

41.4%

25.3%

20.4%

25.2%

-39.1%

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

$773,154

$887,000

$859,667

$845,538

9.4%

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

current market snapshot OCT

$833

NOV

$890,000

DEC JAN

MEDIAN SALES PRICE

FEB

$361

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Toluca Lake DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,170,000

$1,272,000

$1,158,000

$995,000

-15.0%

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

$534

$579

$495

$457

-14.4%

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

7

8

4

7

0.0%

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

9

3

8

9

0.0%

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

13

9

25

20

53.8%

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

106

69

54

85

-19.8%

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

1.9

1.1

6.2

2.9

53.8%

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

69.2%

33.3%

32.0%

45.0%

-35.0%

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

$1,101,000

$1,204,000

$902,333

$1,139,692

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 OCT

$1.170

NOV

$995,000

DEC JAN

MEDIAN SALES PRICE

FEB

$457

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.9 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$995 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Valley Village DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$823,000

$675,000

$778,000

$935,000

13.6%

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

$379

$400

$435

$424

11.9%

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

15

10

12

10

-33.3%

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

10

10

12

18

80.0%

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

25

27

27

28

12.0%

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

44

57

77

70

59.1%

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

1.7

2.7

2.2

2.8

68.0%

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

40.0%

37.0%

44.4%

64.3%

60.7%

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

$695,000

$807,833

$860,667

$784,231

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 OCT

$823

NOV

$935,000

DEC JAN

MEDIAN SALES PRICE

FEB

$424

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$935 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Woodland Hills DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$653,000

$710,000

$685,000

$661,000

1.2%

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

$295

$312

$333

$325

10.2%

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

55

61

57

62

12.7%

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

62

67

58

53

-14.5%

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

157

160

195

200

27.4%

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

72

63

65

49

-31.9%

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

2.9

2.6

3.4

3.2

13.0%

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

39.5%

41.9%

29.7%

26.5%

-32.9%

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

$608,538

$690,000

$701,667

$674,154

10.8%

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

current market snapshot OCT

$653

NOV

$661,000

DEC JAN

MEDIAN SALES PRICE

FEB

$325

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$661 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


San Gabriel Valley Macro Market DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$845,818

$947,455

$963,000

$982,727

16.2%

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

$466

$484

$527

$503

8.0%

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

316

273

316

278

-12.0%

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

292

281

326

286

-2.1%

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

640

575

734

738

15.3%

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

50

39

42

51

2.0%

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

2

2.1

2.3

2.7

31.1%

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

45.6%

48.9%

44.4%

38.8%

-15.1%

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

$825,601

$954,379

$960,909

$932,678

13.0%

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

current market snapshot OCT

$845

NOV

$982,727

DEC JAN

MEDIAN SALES PRICE

FEB

$503

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$982 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Altadena DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$550,000

$550,000

$570,000

$670,000

21.8%

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

$395

$380

$394

$443

12.2%

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

36

33

29

39

8.3%

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

41

37

34

39

-4.9%

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

54

42

74

85

57.4%

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

39

48

36

51

30.8%

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

1.5

1.3

2.6

2.2

45.3%

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

75.9%

88.1%

45.9%

45.9%

-39.6%

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

$559,385

$626,667

$633,333

$583,692

4.3%

*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 OCT

$550

NOV

$670,000

DEC JAN

MEDIAN SALES PRICE

FEB

$443

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Arcadia DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,100,000

$1,484,000

$1,425,000

$1,470,000

33.6%

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

$549

$546

$682

$601

9.5%

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

43

36

39

48

11.6%

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

38

33

38

42

10.5%

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

104

105

169

182

75.0%

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

39

41

46

56

43.6%

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

2.4

2.9

4.3

3.8

56.8%

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

36.5%

31.4%

22.5%

23.1%

-36.8%

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

$1,149,462

$1,333,500

$1,326,667

$1,389,077

20.8%

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

current market snapshot OCT

$1.100

NOV

$1,470,000

DEC JAN

MEDIAN SALES PRICE

FEB

$601

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.470 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 : October 2014

telesproperties.com


Duarte DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$370,000

$374,000

$425,000

$479,000

29.5%

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

$305

$301

$308

$333

9.2%

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

15

14

15

12

-20.0%

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

14

19

18

13

-7.1%

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

23

19

23

32

39.1%

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

41

39

33

46

12.2%

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

1.5

1.4

1.5

2.7

73.9%

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

60.9%

100.0%

78.3%

40.6%

-33.3%

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

$359,769

$435,000

$442,333

$415,615

15.5%

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

current market snapshot OCT

$370

NOV

$479,000

DEC JAN

MEDIAN SALES PRICE

FEB

$333

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$479 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Eagle Rock DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$585,000

$697,000

$730,000

$650,000

11.1%

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

$443

$396

$494

$392

-11.5%

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

7

5

8

9

28.6%

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

6

5

4

5

-16.7%

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

8

15

16

12

50.0%

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

43

52

26

49

14.0%

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

1.1

3

2

1.3

16.7%

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

75.0%

33.3%

25.0%

41.7%

-44.4%

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

$534,000

$623,500

$602,667

$619,769

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 OCT

$585

NOV

$650,000

DEC JAN

MEDIAN SALES PRICE

FEB

$392

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

1.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

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

Micro Market Report : October 2014

telesproperties.com


La Canada Flintridge DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,110,000

$1,240,000

$1,260,000

$1,694,000

52.6%

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

$579

$541

$532

$591

2.1%

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

18

23

39

18

0.0%

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

25

27

32

25

0.0%

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

58

46

46

39

-32.8%

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

65

40

34

78

20.0%

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

3.2

2

1.2

2.2

-32.8%

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

43.1%

58.7%

69.6%

64.1%

48.7%

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

$1,237,000

$1,368,000

$1,423,000

$1,322,769

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 OCT

$1.110

NOV

$1,694,000

DEC JAN

MEDIAN SALES PRICE

FEB

$591

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.694 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Monrovia DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$560,000

$595,000

$610,000

$578,000

3.2%

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

$357

$373

$399

$396

10.9%

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

25

29

34

28

12.0%

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

23

30

32

20

-13.0%

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

60

61

66

64

6.7%

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

69

33

51

56

-18.8%

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

2.4

2.1

1.9

2.3

-4.8%

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

38.3%

49.2%

48.5%

31.2%

-18.5%

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

$528,692

$619,667

$625,000

$579,462

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 OCT

$560

NOV

$578,000

DEC JAN

MEDIAN SALES PRICE

FEB

$396

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$578 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Pasadena DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$692,000

$778,000

$773,000

$740,000

6.9%

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

$439

$489

$512

$474

8.0%

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

98

78

106

61

-37.8%

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

84

79

110

83

-1.2%

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

199

179

185

202

1.5%

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

60

33

41

44

-26.7%

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

2

2.3

1.7

3.3

63.1%

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

42.2%

44.1%

59.5%

41.1%

-2.7%

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

$659,154

$774,667

$758,000

$732,538

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 OCT

$692

NOV

$740,000

DEC JAN

MEDIAN SALES PRICE

FEB

$474

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$740 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


San Gabriel DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$643,000

$613,000

$737,000

$697,000

8.4%

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

$364

$431

$437

$422

15.9%

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

26

20

15

24

-7.7%

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

25

11

20

29

16.0%

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

73

56

83

57

-21.9%

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

57

35

31

61

7.0%

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

2.8

2.8

5.5

2.4

-15.4%

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

34.2%

19.6%

24.1%

50.9%

48.6%

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

$586,154

$703,333

$690,667

$667,231

13.8%

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

current market snapshot OCT

$643

NOV

$697,000

DEC JAN

MEDIAN SALES PRICE

FEB

$422

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$697 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


San Marino DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,725,000

$2,118,000

$2,059,000

$1,894,000

9.8%

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

$724

$858

$985

$833

15.1%

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

15

13

9

10

-33.3%

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

13

15

12

10

-23.1%

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

17

11

27

21

23.5%

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

35

19

36

38

8.6%

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

1.1

0.8

3

2.1

85.3%

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

76.5%

136.4%

44.4%

47.6%

-37.7%

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

$1,744,154

$2,098,167

$2,139,667

$2,082,385

19.4%

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

current market snapshot OCT

$1.725

NOV

$1,894,000

DEC JAN

MEDIAN SALES PRICE

FEB

$833

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.894 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Sierra Madre DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$910,000

$802,000

$745,000

$906,000

-0.4%

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

$474

$422

$404

$464

-2.1%

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

13

6

10

11

-15.4%

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

15

14

18

11

-26.7%

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

26

23

21

23

-11.5%

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

59

37

101

35

-40.7%

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

2

3.8

2.1

2.1

4.5%

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

57.7%

60.9%

85.7%

47.8%

-17.1%

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

$759,692

$846,000

$899,000

$856,538

12.7%

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

current market snapshot OCT

$910

NOV

$906,000

DEC JAN

MEDIAN SALES PRICE

FEB

$464

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$906 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


South Pasadena DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,059,000

$1,171,000

$1,259,000

$1,032,000

-2.5%

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

$497

$586

$649

$585

17.7%

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

20

16

12

18

-10.0%

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

8

11

8

9

12.5%

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

18

18

24

21

16.7%

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

47

47

29

51

8.5%

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

0.9

1.1

2

1.2

29.6%

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

44.4%

61.1%

33.3%

42.9%

-3.6%

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

$969,154

$1,069,667

$1,029,667

$1,010,385

4.3%

*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 OCT

$1.059

NOV

$1,032,000

DEC JAN

MEDIAN SALES PRICE

FEB

$585

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

1.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.032 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 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 : October 2014

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : October 2014

telesproperties.com


Orange County DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$640,000

$675,000

$675,000

$680,000

6.2%

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

$392

$413

$408

$404

3.1%

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

1464

1573

1639

1485

1.4%

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

1463

1714

1721

1564

6.9%

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

7,337

6,863

7,990

7,292

-0.6%

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

68

63

55

64

-5.9%

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

5

4.4

4.9

4.9

-2.0%

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

19.9%

25.0%

21.5%

21.4%

7.6%

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

$601,000

$679,325

$680,000

$665,781

10.8%

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

current market snapshot OCT

$640

NOV

$680,000

DEC JAN

MEDIAN SALES PRICE

FEB

$404

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4.9 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Aliso Viejo DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$635,000

$713,500

$736,000

$725,000

14.2%

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

$343

$359

$357

$362

5.5%

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

16

24

16

21

31.2%

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

18

24

16

19

5.6%

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

71

80

78

76

7.0%

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

69

53

55

44

-36.2%

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

4.4

3.3

4.9

3.6

-18.4%

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

25.4%

30.0%

20.5%

25.0%

-1.4%

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

$656,000

$735,917

$740,833

$722,269

10.1%

*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 OCT

$635

NOV

$725,000

DEC JAN

MEDIAN SALES PRICE

FEB

$362

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Balboa Peninsula DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$3,337,500

$3,400,000

$1,800,000

$5,875,000

76.0%

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

$1,345

$1,187

$1,225

$1,497

11.3%

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

4

5

7

4

0.0%

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

8

7

11

9

12.5%

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

46

41

46

41

-10.9%

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

135

68

150

112

-17.0%

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

11.5

8.2

6.6

10.2

-10.9%

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

17.4%

17.1%

23.9%

22.0%

26.2%

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

$2,226,000

$3,144,583

$3,314,167

$3,088,385

38.7%

*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 OCT

$3.337

NOV

$5,875,000

DEC JAN

MEDIAN SALES PRICE

FEB

$1,497

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

10.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$5.875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Corona del Mar - Spyglass DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,900,000

$2,907,500

$1,810,000

$1,827,500

-3.8%

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

$849

$1,066

$796

$786

-7.4%

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

9

12

13

8

-11.1%

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

10

13

11

10

0.0%

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

73

62

76

82

12.3%

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

80

76

54

53

-33.8%

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

8.1

5.2

5.8

10.2

26.4%

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

13.7%

21.0%

14.5%

12.2%

-11.0%

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

$2,136,000

$1,967,333

$1,940,000

$2,324,365

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 OCT

$1.900

NOV

$1,827,500

DEC JAN

MEDIAN SALES PRICE

FEB

$786

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

10.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.827 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Coto de Caza DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,280,000

$1,274,500

$1,120,000

$1,022,500

-20.1%

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

$347

$313

$316

$325

-6.3%

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

15

18

17

30

100.0%

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

20

28

23

14

-30.0%

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

139

128

149

132

-5.0%

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

61

99

76

94

54.1%

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

9.3

7.1

8.8

4.4

-52.5%

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

14.4%

21.9%

15.4%

10.6%

-26.3%

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

$1,003,000

$1,118,250

$1,084,167

$1,132,500

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 $1.280

OCT NOV

$1,022,500

DEC JAN

MEDIAN SALES PRICE

FEB

$325

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.022 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Crystal Cove DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$3,800,000

$4,400,000

$5,325,000

$5,999,500

57.9%

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

$965

$1,207

$1,072

$1,049

8.7%

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

4

3

3

2

-50.0%

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

2

2

2

4

100.0%

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

20

22

22

23

15.0%

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

212

138

60

45

-78.8%

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

5

7.3

7.3

11.5

130.0%

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

10.0%

9.1%

9.1%

17.4%

73.9%

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

$4,698,000

$5,595,583

$6,083,167

$4,926,654

4.9%

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

current market snapshot OCT

$3.800

NOV

$5,999,500

DEC JAN

MEDIAN SALES PRICE

FEB

$1,049

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

11.5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$5.999 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Dana Point DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,000,000

$980,000

$899,900

$948,750

-5.1%

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

$558

$527

$527

$572

2.5%

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

32

31

33

34

6.2%

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

36

27

32

23

-36.1%

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

201

184

210

172

-14.4%

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

84

63

93

66

-21.4%

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

6.3

5.9

6.4

5.1

-19.5%

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

17.9%

14.7%

15.2%

13.4%

-25.3%

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

$858,000

$878,650

$912,500

$889,527

3.7%

*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 OCT

$1.000

NOV

$948,750

DEC JAN

MEDIAN SALES PRICE

FEB

$572

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$948 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


East Bluff - Harbor View DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,493,750

$1,652,000

$1,774,000

$2,030,000

35.9%

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

$574

$693

$717

$654

13.9%

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

16

18

24

15

-6.2%

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

12

16

17

19

58.3%

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

77

99

122

108

40.3%

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

59

35

76

83

40.7%

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

4.8

5.5

5.1

7.2

49.6%

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

15.6%

16.2%

13.9%

17.6%

12.9%

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

$1,551,000

$1,747,583

$1,724,667

$1,702,173

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 OCT

$1.493

NOV

$2,030,000

DEC JAN

MEDIAN SALES PRICE

FEB

$654

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

7.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.030 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


East Costa Mesa DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$867,000

$809,500

$917,500

$850,000

-2.0%

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

$498

$488

$495

$484

-2.8%

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

22

22

15

14

-36.4%

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

15

22

12

23

53.3%

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

73

67

84

77

5.5%

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

54

58

32

77

42.6%

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

3.3

3

5.6

5.5

65.8%

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

20.5%

32.8%

14.3%

29.9%

45.4%

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

$815,000

$882,532

$855,000

$863,484

5.9%

*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 OCT

$867

NOV

$850,000

DEC JAN

MEDIAN SALES PRICE

FEB

$484

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Fountain Valley DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$672,500

$685,100

$685,000

$698,500

3.9%

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

$319

$325

$341

$325

1.9%

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

26

21

30

32

23.1%

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

25

26

36

21

-16.0%

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

82

69

99

58

-29.3%

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

48

30

61

45

-6.2%

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

3.2

3.3

3.3

1.8

-42.5%

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

30.5%

37.7%

36.4%

36.2%

18.8%

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

$618,000

$682,400

$685,333

$671,385

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 OCT

$672

NOV

$698,500

DEC JAN

MEDIAN SALES PRICE

FEB

$325

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

1.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$698 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Huntington Beach DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$735,000

$740,350

$750,000

$790,000

7.5%

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

$418

$412

$431

$437

4.5%

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

103

122

93

94

-8.7%

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

94

124

118

95

1.1%

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

384

417

484

382

-0.5%

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

51

47

56

57

11.8%

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

3.7

3.4

5.2

4.1

9.0%

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

24.5%

29.7%

24.4%

24.9%

1.6%

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

$685,000

$747,083

$753,333

$740,412

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 OCT

$735

NOV

$790,000

DEC JAN

MEDIAN SALES PRICE

FEB

$437

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$790 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Irvine DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$920,000

$900,000

$880,000

$915,673

-0.5%

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

$421

$463

$459

$470

11.6%

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

91

91

85

94

3.3%

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

76

99

109

96

26.3%

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

357

386

506

413

15.7%

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

52

46

54

80

53.8%

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

3.9

4.2

6

4.4

12.0%

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

21.3%

25.6%

21.5%

23.2%

9.2%

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

$868,000

$913,246

$923,491

$902,205

3.9%

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

current market snapshot OCT

$920

NOV

$915,673

DEC JAN

MEDIAN SALES PRICE

FEB

$470

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

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

Micro Market Report : October 2014

telesproperties.com


Ladera Ranch DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$820,000

$721,000

$880,000

$850,000

3.7%

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

$309

$316

$333

$314

1.6%

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

13

20

32

19

46.2%

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

26

34

35

17

-34.6%

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

128

142

166

127

-0.8%

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

70

53

72

92

31.4%

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

9.8

7.1

5.2

6.7

-32.1%

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

20.3%

23.9%

21.1%

13.4%

-34.1%

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

$784,000

$891,544

$926,333

$869,070

10.9%

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

current market snapshot OCT

$820

NOV

$850,000

DEC JAN

MEDIAN SALES PRICE

FEB

$314

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

6.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Laguna Beach DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$1,575,000

$1,792,000

$2,150,000

$1,820,000

15.6%

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

$1,201

$1,146

$918

$1,187

-1.2%

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

24

42

35

33

37.5%

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

25

38

36

31

24.0%

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

249

257

275

261

4.8%

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

116

124

97

84

-27.6%

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

10.4

6.1

7.9

7.9

-23.8%

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

10.0%

14.8%

13.1%

11.9%

18.3%

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

$1,544,000

$1,967,500

$1,981,667

$1,938,423

25.5%

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

current market snapshot OCT

$1.575

NOV

$1,820,000

DEC JAN

MEDIAN SALES PRICE

FEB

$1,187

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

7.9 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.820 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 : October 2014

telesproperties.com


Laguna Niguel DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$867,900

$756,500

$830,000

$788,500

-9.1%

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

$396

$386

$385

$396

0.0%

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

45

56

49

48

6.7%

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

36

66

54

54

50.0%

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

208

290

353

316

51.9%

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

52

60

60

84

61.5%

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

4.6

5.2

7.2

6.6

42.4%

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

17.3%

22.8%

15.3%

17.1%

-1.3%

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

$739,000

$813,158

$800,333

$801,527

8.5%

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

current market snapshot OCT

$867

NOV

$788,500

DEC JAN

MEDIAN SALES PRICE

FEB

$396

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

6.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$788 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Laguna Hills DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$750,000

$629,900

$728,000

$630,000

-16.0%

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

$326

$330

$337

$345

5.8%

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

11

19

29

17

54.5%

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

24

24

23

21

-12.5%

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

96

109

104

103

7.3%

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

58

28

72

62

6.9%

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

8.7

5.7

3.6

6.1

-30.6%

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

25.0%

22.0%

22.1%

20.4%

-18.4%

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

$675,000

$761,250

$799,167

$728,454

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 OCT

$750

NOV

$630,000

DEC JAN

MEDIAN SALES PRICE

FEB

$345

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

6.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$630 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Laguna Woods DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

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

$660,000

$0

$0

$0

-100.0%

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

$440

$0

$0

$0

-100.0%

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

1

0

0

0

-100.0%

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

1

0

0

0

-100.0%

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

2

1

0

0

-100.0%

Days on Market (Pending Sale) ...........................

3

0

0

0

-100.0%

Month’s Supply of Inventory ................................

2

0

0

0

0%

Percent Under Contract ........................................

50.0%

0.0%

0%

0%

0%

Average Median Price for Last 12 Months ........

$606,000

$0

$0

$637,800

5.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$660

NOV

No sales

DEC JAN

MEDIAN SALES PRICE

FEB

No sales

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

No sales MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$2,915,000

$3,600,000

$2,975,000

$4,650,000

59.5%

Average Price per Square Foot ...........................

$1,020

$1,045

$1,122

$1,352

32.5%

Properties Sold .......................................................

4

3

3

4

0.0%

Properties Pending Sale .......................................

4

8

2

3

-25.0%

Properties For Sale ................................................

37

50

48

37

0.0%

Days on Market (Pending Sale) ...........................

110

8

78

158

43.6%

Month’s Supply of Inventory ................................

9.2

16.7

16

9.2

0.0%

Percent Under Contract ........................................

10.8%

16.0%

4.2%

8.1%

-25.0%

Average Median Price for Last 12 Months ........

$2,661,000

$3,275,433

$3,725,000

$3,115,758

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 OCT

$2.915

NOV

$4,650,000

DEC JAN

MEDIAN SALES PRICE

FEB

$1,352

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

9.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$4.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Mission Viejo DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$617,500

$655,000

$630,000

$649,900

5.2%

Average Price per Square Foot ...........................

$303

$333

$332

$321

5.9%

Properties Sold .......................................................

82

75

83

59

-28.0%

Properties Pending Sale .......................................

89

90

102

73

-18.0%

Properties For Sale ................................................

319

281

350

325

1.9%

Days on Market (Pending Sale) ...........................

53

44

48

61

15.1%

Month’s Supply of Inventory ................................

3.9

3.7

4.2

5.5

41.6%

Percent Under Contract ........................................

27.9%

32.0%

29.1%

22.5%

-19.5%

Average Median Price for Last 12 Months ........

$582,000

$638,567

$636,633

$635,108

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 OCT

$617

NOV

$649,900

DEC JAN

MEDIAN SALES PRICE

FEB

$321

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$649 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Newport Beach DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,850,000

$1,887,000

$1,775,000

$2,055,000

11.1%

Average Price per Square Foot ...........................

$654

$824

$811

$795

21.6%

Properties Sold .......................................................

42

54

64

39

-7.1%

Properties Pending Sale .......................................

57

65

54

51

-10.5%

Properties For Sale ................................................

312

343

370

337

8.0%

Days on Market (Pending Sale) ...........................

112

72

88

86

-23.2%

Month’s Supply of Inventory ................................

7.4

6.4

5.8

8.6

16.3%

Percent Under Contract ........................................

18.3%

19.0%

14.6%

15.1%

-17.2%

Average Median Price for Last 12 Months ........

$1,640,000

$1,868,333

$1,943,333

$1,846,654

12.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$1.850

NOV

$2,055,000

DEC JAN

MEDIAN SALES PRICE

FEB

$795

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

8.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.055 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Newport Coast DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$2,435,000

$3,850,000

$3,012,500

$2,500,000

2.7%

Average Price per Square Foot ...........................

$792

$908

$908

$873

10.2%

Properties Sold .......................................................

17

11

14

9

-47.1%

Properties Pending Sale .......................................

18

9

10

13

-27.8%

Properties For Sale ................................................

91

96

104

92

1.1%

Days on Market (Pending Sale) ...........................

73

67

74

99

35.6%

Month’s Supply of Inventory ................................

5.4

8.7

7.4

10.2

91.0%

Percent Under Contract ........................................

19.8%

9.4%

9.6%

14.1%

-28.6%

Average Median Price for Last 12 Months ........

$2,818,000

$3,074,442

$3,113,300

$3,007,435

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 OCT

$2.435

NOV

$2,500,000

DEC JAN

MEDIAN SALES PRICE

FEB

$873

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

10.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Newport Heights DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,682,500

$2,100,000

$2,069,450

$2,130,638

26.6%

Average Price per Square Foot ...........................

$799

$791

$654

$597

-25.3%

Properties Sold .......................................................

6

11

5

4

-33.3%

Properties Pending Sale .......................................

10

11

4

7

-30.0%

Properties For Sale ................................................

39

30

38

39

0.0%

Days on Market (Pending Sale) ...........................

86

53

23

72

-16.3%

Month’s Supply of Inventory ................................

6.5

2.7

7.6

9.8

50.0%

Percent Under Contract ........................................

25.6%

36.7%

10.5%

17.9%

-30.0%

Average Median Price for Last 12 Months ........

$1,464,000

$2,111,742

$2,086,546

$1,894,405

29.4%

*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 OCT

$1.682

NOV

$2,130,638

DEC JAN

MEDIAN SALES PRICE

FEB

$597

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

9.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.130 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Rancho Santa Margarita DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$637,500

$660,000

$649,888

$660,000

3.5%

Average Price per Square Foot ...........................

$309

$311

$333

$312

1.0%

Properties Sold .......................................................

46

37

49

31

-32.6%

Properties Pending Sale .......................................

39

36

43

43

10.3%

Properties For Sale ................................................

146

137

191

189

29.5%

Days on Market (Pending Sale) ...........................

53

62

61

74

39.6%

Month’s Supply of Inventory ................................

3.2

3.7

3.9

6.1

92.1%

Percent Under Contract ........................................

26.7%

26.3%

22.5%

22.8%

-14.8%

Average Median Price for Last 12 Months ........

$601,000

$653,065

$653,333

$646,491

7.6%

*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 OCT

$637

NOV

$660,000

DEC JAN

MEDIAN SALES PRICE

FEB

$312

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

6.1 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$660 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


San Clemente DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$781,000

$817,000

$855,000

$853,000

9.2%

Average Price per Square Foot ...........................

$411

$397

$384

$371

-9.7%

Properties Sold .......................................................

45

63

65

63

40.0%

Properties Pending Sale .......................................

58

62

64

61

5.2%

Properties For Sale ................................................

307

283

361

327

6.5%

Days on Market (Pending Sale) ...........................

70

62

50

77

10.0%

Month’s Supply of Inventory ................................

6.8

4.5

5.6

5.2

-23.9%

Percent Under Contract ........................................

18.9%

21.9%

17.7%

18.7%

-1.3%

Average Median Price for Last 12 Months ........

$783,000

$836,750

$839,333

$820,962

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 OCT

$781

NOV

$853,000

DEC JAN

MEDIAN SALES PRICE

FEB

$371

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$853 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


San Juan Capistrano DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$637,500

$530,000

$680,000

$720,000

12.9%

Average Price per Square Foot ...........................

$333

$345

$356

$356

6.9%

Properties Sold .......................................................

24

23

25

21

-12.5%

Properties Pending Sale .......................................

21

35

32

25

19.0%

Properties For Sale ................................................

152

136

153

159

4.6%

Days on Market (Pending Sale) ...........................

76

91

87

107

40.8%

Month’s Supply of Inventory ................................

6.3

5.9

6.1

7.6

19.5%

Percent Under Contract ........................................

13.8%

25.7%

20.9%

15.7%

13.8%

Average Median Price for Last 12 Months ........

$719,000

$759,898

$728,129

$810,414

12.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$637

NOV

$720,000

DEC JAN

MEDIAN SALES PRICE

FEB

$356

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

7.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Shady Canyon DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$0

$3,850,000

$0

$3,650,000

0%

Average Price per Square Foot ...........................

$0

$802

$0

$757

0%

Properties Sold .......................................................

0

1

0

1

0%

Properties Pending Sale .......................................

0

0

0

0

0%

Properties For Sale ................................................

8

4

3

3

-62.5%

Days on Market (Pending Sale) ...........................

0

0

0

0

0%

Month’s Supply of Inventory ................................

0

4

0

3

0%

Percent Under Contract ........................................

0.0%

0.0%

0.0%

0.0%

0%

Average Median Price for Last 12 Months ........

$5,748,000

$3,850,000

$3,650,000

$4,693,800

-18.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT NOV

$3,650,000

DEC JAN

MEDIAN SALES PRICE

FEB

$757

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$3.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Turtle Ridge DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$2,620,000

$2,693,400

$2,450,000

$2,239,000

-14.5%

Average Price per Square Foot ...........................

$661

$707

$681

$657

-0.6%

Properties Sold .......................................................

3

2

1

3

0.0%

Properties Pending Sale .......................................

2

2

7

2

0.0%

Properties For Sale ................................................

25

32

32

30

20.0%

Days on Market (Pending Sale) ...........................

96

36

125

40

-58.3%

Month’s Supply of Inventory ................................

8.3

16

32

10

20.0%

Percent Under Contract ........................................

8.0%

6.2%

21.9%

6.7%

-16.7%

Average Median Price for Last 12 Months ........

$2,125,000

$2,512,833

$2,459,000

$2,482,730

16.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$2.620

NOV

$2,239,000

DEC JAN

MEDIAN SALES PRICE

FEB

$657

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

10 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.239 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Turtle Rock DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,749,000

$0

$0

$1,200,000

-31.4%

Average Price per Square Foot ...........................

$624

$0

$0

$590

-5.4%

Properties Sold .......................................................

2

0

0

1

-50.0%

Properties Pending Sale .......................................

2

0

0

2

0.0%

Properties For Sale ................................................

11

4

3

8

-27.3%

Days on Market (Pending Sale) ...........................

66

0

0

40

-39.4%

Month’s Supply of Inventory ................................

5.5

0

0

8

45.5%

Percent Under Contract ........................................

18.2%

0.0%

0.0%

25.0%

37.5%

Average Median Price for Last 12 Months ........

$1,321,000

$1,200,000

$1,200,000

$1,785,978

35.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.749

OCT NOV

$1,200,000

DEC JAN

MEDIAN SALES PRICE

FEB

$590

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Westminster DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$496,000

$547,500

$530,000

$543,000

9.5%

Average Price per Square Foot ...........................

$311

$275

$315

$327

5.1%

Properties Sold .......................................................

43

38

44

29

-32.6%

Properties Pending Sale .......................................

38

28

41

36

-5.3%

Properties For Sale ................................................

113

120

137

115

1.8%

Days on Market (Pending Sale) ...........................

41

40

53

40

-2.4%

Month’s Supply of Inventory ................................

2.6

3.2

3.1

4

50.9%

Percent Under Contract ........................................

33.6%

23.3%

29.9%

31.3%

-6.9%

Average Median Price for Last 12 Months ........

$465,000

$531,657

$537,167

$522,111

12.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$496

NOV

$543,000

DEC JAN

MEDIAN SALES PRICE

FEB

$327

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$543 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


West Bay - Santa Ana Heights DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,730,000

$1,350,000

$1,385,000

$1,487,500

-14.0%

Average Price per Square Foot ...........................

$427

$587

$632

$564

32.1%

Properties Sold .......................................................

6

11

14

12

100.0%

Properties Pending Sale .......................................

15

9

13

10

-33.3%

Properties For Sale ................................................

57

60

65

63

10.5%

Days on Market (Pending Sale) ...........................

64

68

82

45

-29.7%

Month’s Supply of Inventory ................................

9.5

5.5

4.6

5.2

-44.7%

Percent Under Contract ........................................

26.3%

15.0%

20.0%

15.9%

-39.7%

Average Median Price for Last 12 Months ........

$1,336,000

$1,484,292

$1,516,917

$1,530,135

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 OCT

$1.730

NOV

$1,487,500

DEC JAN

MEDIAN SALES PRICE

FEB

$564

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.487 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


West Newport - Lido DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,787,500

$2,447,500

$1,925,000

$0

-100.0%

Average Price per Square Foot ...........................

$738

$1,250

$1,013

$0

-100.0%

Properties Sold .......................................................

6

6

11

0

-100.0%

Properties Pending Sale .......................................

8

14

7

3

-62.5%

Properties For Sale ................................................

56

63

51

46

-17.9%

Days on Market (Pending Sale) ...........................

285

84

70

117

-58.9%

Month’s Supply of Inventory ................................

9.3

10.5

4.6

0

0%

Percent Under Contract ........................................

14.3%

22.2%

13.7%

6.5%

-54.3%

Average Median Price for Last 12 Months ........

$1,887,000

$2,137,000

$2,236,250

$2,045,971

8.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$1.787

NOV

No sales

DEC JAN

MEDIAN SALES PRICE

FEB

No sales

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

No sales MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 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 : October 2014

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County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : October 2014

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Carpinteria DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$942,999

$845,000

$888,000

$872,500

-7.5%

Average Price per Square Foot ...........................

$621

$1,283

$1,203

$540

-13.0%

Properties Sold .......................................................

11

5

5

8

-27.3%

Properties Pending Sale .......................................

10

4

5

12

20.0%

Properties For Sale ................................................

50

33

44

45

-10.0%

Days on Market (Pending Sale) ...........................

73

85

63

22

-69.9%

Month’s Supply of Inventory ................................

4.5

6.6

8.8

5.6

23.8%

Percent Under Contract ........................................

20.0%

12.1%

11.4%

26.7%

33.3%

Average Median Price for Last 12 Months ........

$814,000

$1,514,208

$1,204,667

$1,427,614

75.4%

*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 OCT

$942

NOV

$872,500

DEC JAN

MEDIAN SALES PRICE

FEB

$540

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$872 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Goleta DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$773,000

$765,000

$775,000

$739,500

-4.3%

Average Price per Square Foot ...........................

$392

$487

$435

$441

12.5%

Properties Sold .......................................................

9

13

10

10

11.1%

Properties Pending Sale .......................................

8

10

9

11

37.5%

Properties For Sale ................................................

30

18

33

34

13.3%

Days on Market (Pending Sale) ...........................

39

48

17

60

53.8%

Month’s Supply of Inventory ................................

3.3

1.4

3.3

3.4

2.0%

Percent Under Contract ........................................

26.7%

55.6%

27.3%

32.4%

21.3%

Average Median Price for Last 12 Months ........

$725,000

$811,417

$814,833

$802,538

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 OCT

$773

NOV

$739,500

DEC JAN

MEDIAN SALES PRICE

FEB

$441

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Hope Ranch DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$3,500,000

$3,250,000

$2,105,000

$1,780,000

-49.1%

Average Price per Square Foot ...........................

$1,056

$590

$1,018

$675

-36.1%

Properties Sold .......................................................

1

3

4

3

200.0%

Properties Pending Sale .......................................

1

4

4

3

200.0%

Properties For Sale ................................................

38

37

35

34

-10.5%

Days on Market (Pending Sale) ...........................

263

368

90

124

-52.9%

Month’s Supply of Inventory ................................

38

12.3

8.7

11.3

-70.2%

Percent Under Contract ........................................

2.6%

10.8%

11.4%

8.8%

235.3%

Average Median Price for Last 12 Months ........

$2,741,000

$2,545,917

$2,736,000

$3,133,558

14.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $3.500

OCT NOV

$1,780,000

DEC JAN

MEDIAN SALES PRICE

FEB

$675

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

11.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.780 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Montecito DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$2,492,000

$2,987,500

$3,650,000

$2,978,000

19.5%

Average Price per Square Foot ...........................

$1,033

$957

$1,241

$899

-13.0%

Properties Sold .......................................................

14

20

23

17

21.4%

Properties Pending Sale .......................................

12

24

25

11

-8.3%

Properties For Sale ................................................

189

183

178

152

-19.6%

Days on Market (Pending Sale) ...........................

116

82

44

115

-0.9%

Month’s Supply of Inventory ................................

13.5

9.2

7.7

8.9

-33.8%

Percent Under Contract ........................................

6.3%

13.1%

14.0%

7.2%

14.0%

Average Median Price for Last 12 Months ........

$2,479,000

$3,023,917

$2,902,000

$2,681,673

8.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$2.492

NOV

$2,978,000

DEC JAN

MEDIAN SALES PRICE

FEB

$899

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

8.9 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$2.978 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Santa Barbara East of State DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,050,000

$1,150,000

$1,080,000

$1,130,000

7.6%

Average Price per Square Foot ...........................

$576

$675

$658

$588

2.1%

Properties Sold .......................................................

26

25

21

19

-26.9%

Properties Pending Sale .......................................

26

41

23

31

19.2%

Properties For Sale ................................................

137

127

136

145

5.8%

Days on Market (Pending Sale) ...........................

61

54

51

53

-13.1%

Month’s Supply of Inventory ................................

5.3

5.1

6.5

7.6

44.8%

Percent Under Contract ........................................

19.0%

32.3%

16.9%

21.4%

12.7%

Average Median Price for Last 12 Months ........

$977,000

$1,241,000

$1,248,333

$1,192,038

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 OCT

$1.050

NOV

$1,130,000

DEC JAN

MEDIAN SALES PRICE

FEB

$588

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

7.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.130 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Santa Barbara West of State DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$942,500

$967,500

$800,000

$1,340,000

42.2%

Average Price per Square Foot ...........................

$556

$641

$594

$647

16.4%

Properties Sold .......................................................

20

18

19

12

-40.0%

Properties Pending Sale .......................................

19

26

22

28

47.4%

Properties For Sale ................................................

76

71

71

88

15.8%

Days on Market (Pending Sale) ...........................

47

39

31

39

-17.0%

Month’s Supply of Inventory ................................

3.8

3.9

3.7

7.3

93.0%

Percent Under Contract ........................................

25.0%

36.6%

31.0%

31.8%

27.3%

Average Median Price for Last 12 Months ........

$802,000

$1,038,000

$1,209,333

$981,231

22.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$942

NOV

$1,340,000

DEC JAN

MEDIAN SALES PRICE

FEB

$647

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

7.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.340 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Santa Ynez DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$656,000

$582,500

$875,000

$494,000

-24.7%

Average Price per Square Foot ...........................

$316

$297

$349

$414

31.0%

Properties Sold .......................................................

5

7

13

14

180.0%

Properties Pending Sale .......................................

2

12

10

10

400.0%

Properties For Sale ................................................

118

118

119

111

-5.9%

Days on Market (Pending Sale) ...........................

44

97

101

51

15.9%

Month’s Supply of Inventory ................................

23.6

16.9

9.2

7.9

-66.4%

Percent Under Contract ........................................

1.7%

10.2%

8.4%

9.0%

431.5%

Average Median Price for Last 12 Months ........

$667,000

$731,708

$693,417

$708,788

6.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $656

OCT NOV

$494,000

DEC JAN

MEDIAN SALES PRICE

FEB

$414

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

7.9 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$494 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : October 2014

telesproperties.com


County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : October 2014

telesproperties.com


Carmel DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,050,000

$1,395,000

$1,325,000

$1,606,150

53.0%

Average Price per Square Foot ...........................

$772

$878

$823

$876

13.5%

Properties Sold .......................................................

11

20

25

28

154.5%

Properties Pending Sale .......................................

17

36

28

18

5.9%

Properties For Sale ................................................

166

156

144

130

-21.7%

Days on Market (Pending Sale) ...........................

174

70

96

165

-5.2%

Month’s Supply of Inventory ................................

15.1

7.8

5.8

4.6

-69.2%

Percent Under Contract ........................................

10.2%

23.1%

19.4%

13.8%

35.2%

Average Median Price for Last 12 Months ........

$1,235,000

$1,410,608

$1,513,717

$1,409,848

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 OCT

$1.050

NOV

$1,606,150

DEC JAN

MEDIAN SALES PRICE

FEB

$876

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4.6 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.606 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Carmel Valley DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,058,500

$832,000

$812,000

$870,000

-17.8%

Average Price per Square Foot ...........................

$423

$516

$346

$408

-3.5%

Properties Sold .......................................................

6

16

14

7

16.7%

Properties Pending Sale .......................................

10

17

12

6

-40.0%

Properties For Sale ................................................

120

95

100

90

-25.0%

Days on Market (Pending Sale) ...........................

95

90

134

67

-29.5%

Month’s Supply of Inventory ................................

20

5.9

7.1

12.9

-35.7%

Percent Under Contract ........................................

8.3%

17.9%

12.0%

6.7%

-20.0%

Average Median Price for Last 12 Months ........

$881,000

$895,333

$925,333

$1,014,519

15.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.058

OCT NOV

$870,000

DEC JAN

MEDIAN SALES PRICE

FEB

$408

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

12.9 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$870 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Pacific Grove DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$727,900

$725,000

$713,500

$705,000

-3.1%

Average Price per Square Foot ...........................

$575

$538

$578

$526

-8.5%

Properties Sold .......................................................

15

15

13

18

20.0%

Properties Pending Sale .......................................

11

21

15

13

18.2%

Properties For Sale ................................................

56

63

59

62

10.7%

Days on Market (Pending Sale) ...........................

80

67

73

53

-33.8%

Month’s Supply of Inventory ................................

3.7

4.2

4.5

3.4

-7.7%

Percent Under Contract ........................................

19.6%

33.3%

25.4%

21.0%

6.7%

Average Median Price for Last 12 Months ........

$670,000

$723,750

$732,167

$729,796

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 OCT

$727

NOV

$705,000

DEC JAN

MEDIAN SALES PRICE

FEB

$526

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Pebble Beach DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,130,000

$1,350,000

$1,650,000

$1,287,500

13.9%

Average Price per Square Foot ...........................

$589

$595

$615

$1,423

141.6%

Properties Sold .......................................................

9

11

11

16

77.8%

Properties Pending Sale .......................................

5

13

12

9

80.0%

Properties For Sale ................................................

93

75

96

83

-10.8%

Days on Market (Pending Sale) ...........................

67

106

67

135

101.5%

Month’s Supply of Inventory ................................

10.3

6.8

8.7

5.2

-49.8%

Percent Under Contract ........................................

5.4%

17.3%

12.5%

10.8%

101.7%

Average Median Price for Last 12 Months ........

$1,307,000

$1,474,167

$1,489,167

$1,469,787

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 OCT

$1.130

NOV

$1,287,500

DEC JAN

MEDIAN SALES PRICE

FEB

$1,423

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.2 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.287 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 : October 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 : October 2014

telesproperties.com


County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : October 2014

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Beverly Center - Miracle Mile DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$754,500

$730,000

$615,000

$610,000

-19.2%

Average Price per Square Foot ...........................

$481

$503

$441

$474

-1.5%

Properties Sold .......................................................

14

9

7

6

-57.1%

Properties Pending Sale .......................................

7

6

12

6

-14.3%

Properties For Sale ................................................

40

29

37

30

-25.0%

Days on Market (Pending Sale) ...........................

31

28

56

36

16.1%

Month’s Supply of Inventory ................................

2.9

3.2

5.3

5

75.0%

Percent Under Contract ........................................

17.5%

20.7%

32.4%

20.0%

14.3%

Average Median Price for Last 12 Months ........

$576,000

$596,750

$610,000

$657,462

14.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $754

OCT NOV

$610,000

DEC JAN

MEDIAN SALES PRICE

FEB

$474

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Beverly Hills DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,067,500

$1,015,000

$955,000

$1,412,500

32.3%

Average Price per Square Foot ...........................

$505

$612

$561

$622

23.2%

Properties Sold .......................................................

8

9

6

6

-25.0%

Properties Pending Sale .......................................

5

15

11

8

60.0%

Properties For Sale ................................................

48

52

59

53

10.4%

Days on Market (Pending Sale) ...........................

30

70

65

67

123.3%

Month’s Supply of Inventory ................................

6

5.8

9.8

8.8

47.2%

Percent Under Contract ........................................

10.4%

28.8%

18.6%

15.1%

44.9%

Average Median Price for Last 12 Months ........

$855,000

$1,137,000

$1,277,167

$1,085,385

26.9%

*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 OCT

$1.067

NOV

$1,412,500

DEC JAN

MEDIAN SALES PRICE

FEB

$622

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

8.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.412 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Brentwood DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$715,000

$803,500

$758,500

$770,000

7.7%

Average Price per Square Foot ...........................

$492

$524

$514

$532

8.1%

Properties Sold .......................................................

14

17

10

19

35.7%

Properties Pending Sale .......................................

12

22

25

19

58.3%

Properties For Sale ................................................

73

78

107

89

21.9%

Days on Market (Pending Sale) ...........................

55

40

33

84

52.7%

Month’s Supply of Inventory ................................

5.2

4.6

10.7

4.7

-10.2%

Percent Under Contract ........................................

16.4%

28.2%

23.4%

21.3%

29.9%

Average Median Price for Last 12 Months ........

$693,000

$748,750

$796,500

$752,692

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 OCT

$715

NOV

$770,000

DEC JAN

MEDIAN SALES PRICE

FEB

$532

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Culver City DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$367,500

$350,000

$407,500

$410,000

11.6%

Average Price per Square Foot ...........................

$410

$370

$399

$424

3.4%

Properties Sold .......................................................

12

14

22

13

8.3%

Properties Pending Sale .......................................

12

14

17

18

50.0%

Properties For Sale ................................................

36

46

48

50

38.9%

Days on Market (Pending Sale) ...........................

30

20

56

20

-33.3%

Month’s Supply of Inventory ................................

3

3.3

2.2

3.8

28.2%

Percent Under Contract ........................................

33.3%

30.4%

35.4%

36.0%

8.0%

Average Median Price for Last 12 Months ........

$371,000

$418,708

$425,667

$411,327

10.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$367

NOV

$410,000

DEC JAN

MEDIAN SALES PRICE

FEB

$424

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Encino DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$266,000

$329,000

$255,000

$354,000

33.1%

Average Price per Square Foot ...........................

$257

$255

$416

$286

11.3%

Properties Sold .......................................................

14

20

12

14

0.0%

Properties Pending Sale .......................................

9

20

17

20

122.2%

Properties For Sale ................................................

32

51

42

48

50.0%

Days on Market (Pending Sale) ...........................

29

50

79

77

165.5%

Month’s Supply of Inventory ................................

2.3

2.6

3.5

3.4

50.0%

Percent Under Contract ........................................

28.1%

39.2%

40.5%

41.7%

48.1%

Average Median Price for Last 12 Months ........

$263,923

$291,167

$303,333

$295,385

11.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$266

NOV

$354,000

DEC JAN

MEDIAN SALES PRICE

FEB

$286

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$354 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Malibu DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$980,000

$1,075,000

$589,000

$1,290,000

31.6%

Average Price per Square Foot ...........................

$558

$812

$576

$643

15.2%

Properties Sold .......................................................

4

2

3

2

-50.0%

Properties Pending Sale .......................................

2

5

3

5

150.0%

Properties For Sale ................................................

26

20

22

24

-7.7%

Days on Market (Pending Sale) ...........................

78

37

60

82

5.1%

Month’s Supply of Inventory ................................

6.5

10

7.3

12

84.6%

Percent Under Contract ........................................

7.7%

25.0%

13.6%

20.8%

170.8%

Average Median Price for Last 12 Months ........

$680,000

$935,667

$1,071,667

$860,417

26.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$980

NOV

$1,290,000

DEC JAN

MEDIAN SALES PRICE

FEB

$643

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

12 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.290 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Marina Del Rey DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$770,000

$765,000

$767,500

$758,750

-1.5%

Average Price per Square Foot ...........................

$570

$591

$560

$587

3.0%

Properties Sold .......................................................

22

25

34

28

27.3%

Properties Pending Sale .......................................

28

33

34

29

3.6%

Properties For Sale ................................................

168

141

121

112

-33.3%

Days on Market (Pending Sale) ...........................

48

76

63

72

50.0%

Month’s Supply of Inventory ................................

7.6

5.6

3.6

4

-47.6%

Percent Under Contract ........................................

16.7%

23.4%

28.1%

25.9%

55.4%

Average Median Price for Last 12 Months ........

$689,000

$780,792

$769,083

$750,127

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 OCT

$770

NOV

$758,750

DEC JAN

MEDIAN SALES PRICE

FEB

$587

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$758 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Santa Monica DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$787,000

$767,500

$872,500

$925,000

17.5%

Average Price per Square Foot ...........................

$704

$715

$804

$819

16.3%

Properties Sold .......................................................

32

42

36

56

75.0%

Properties Pending Sale .......................................

35

42

43

41

17.1%

Properties For Sale ................................................

119

135

165

156

31.1%

Days on Market (Pending Sale) ...........................

34

39

32

40

17.6%

Month’s Supply of Inventory ................................

3.7

3.2

4.6

2.8

-25.1%

Percent Under Contract ........................................

29.4%

31.1%

26.1%

26.3%

-10.6%

Average Median Price for Last 12 Months ........

$747,000

$1,007,900

$1,040,133

$871,304

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 OCT

$787

NOV

$925,000

DEC JAN

MEDIAN SALES PRICE

FEB

$819

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$925 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Sherman Oaks DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$365,000

$375,000

$390,000

$405,000

11.0%

Average Price per Square Foot ...........................

$295

$312

$311

$298

1.0%

Properties Sold .......................................................

21

18

16

17

-19.0%

Properties Pending Sale .......................................

19

26

33

18

-5.3%

Properties For Sale ................................................

36

52

51

59

63.9%

Days on Market (Pending Sale) ...........................

53

52

56

53

0.0%

Month’s Supply of Inventory ................................

1.7

2.9

3.2

3.5

102.5%

Percent Under Contract ........................................

52.8%

50.0%

64.7%

30.5%

-42.2%

Average Median Price for Last 12 Months ........

$339,308

$396,667

$390,667

$394,308

16.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$365

NOV

$405,000

DEC JAN

MEDIAN SALES PRICE

FEB

$298

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

3.5 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$405 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Studio City DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$450,000

$450,000

$529,000

$540,000

20.0%

Average Price per Square Foot ...........................

$351

$396

$381

$376

7.1%

Properties Sold .......................................................

16

8

15

11

-31.2%

Properties Pending Sale .......................................

10

6

13

11

10.0%

Properties For Sale ................................................

24

33

28

31

29.2%

Days on Market (Pending Sale) ...........................

50

77

64

68

36.0%

Month’s Supply of Inventory ................................

1.5

4.1

1.9

2.8

87.9%

Percent Under Contract ........................................

41.7%

18.2%

46.4%

35.5%

-14.8%

Average Median Price for Last 12 Months ........

$444,923

$498,833

$493,000

$478,000

7.4%

*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 OCT

$450

NOV

$540,000

DEC JAN

MEDIAN SALES PRICE

FEB

$376

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

2.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$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 : October 2014

telesproperties.com


Venice DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$1,062,500

$1,101,300

$1,385,000

$1,050,000

-1.2%

Average Price per Square Foot ...........................

$631

$786

$672

$765

21.2%

Properties Sold .......................................................

4

5

2

3

-25.0%

Properties Pending Sale .......................................

7

2

2

6

-14.3%

Properties For Sale ................................................

20

13

20

32

60.0%

Days on Market (Pending Sale) ...........................

44

6

54

76

72.7%

Month’s Supply of Inventory ................................

5

2.6

10

10.7

113.3%

Percent Under Contract ........................................

35.0%

15.4%

10.0%

18.8%

-46.4%

Average Median Price for Last 12 Months ........

$1,118,000

$1,237,833

$1,087,500

$1,135,733

1.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$1.062

NOV

$1,050,000

DEC JAN

MEDIAN SALES PRICE

FEB

$765

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

10.7 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$1.050 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


West Hollywood DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$582,500

$645,000

$590,000

$590,000

1.3%

Average Price per Square Foot ...........................

$522

$579

$513

$548

5.0%

Properties Sold .......................................................

32

33

35

29

-9.4%

Properties Pending Sale .......................................

27

32

31

33

22.2%

Properties For Sale ................................................

138

140

138

154

11.6%

Days on Market (Pending Sale) ...........................

41

45

49

46

12.2%

Month’s Supply of Inventory ................................

4.3

4.2

3.9

5.3

23.1%

Percent Under Contract ........................................

19.6%

22.9%

22.5%

21.4%

9.5%

Average Median Price for Last 12 Months ........

$505,000

$622,917

$635,833

$635,135

25.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$582

NOV

$590,000

DEC JAN

MEDIAN SALES PRICE

FEB

$548

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.3 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$590 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


West LA DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$549,000

$575,000

$596,000

$605,500

10.3%

Average Price per Square Foot ...........................

$462

$465

$483

$456

-1.3%

Properties Sold .......................................................

9

15

21

13

44.4%

Properties Pending Sale .......................................

13

11

17

15

15.4%

Properties For Sale ................................................

52

56

55

62

19.2%

Days on Market (Pending Sale) ...........................

52

27

38

41

-21.2%

Month’s Supply of Inventory ................................

5.8

3.7

2.6

4.8

-17.5%

Percent Under Contract ........................................

25.0%

19.6%

30.9%

24.2%

-3.2%

Average Median Price for Last 12 Months ........

$626,000

$643,667

$621,833

$636,327

1.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot OCT

$549

NOV

$605,500

DEC JAN

MEDIAN SALES PRICE

FEB

$456

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

4.8 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$605 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


Westwood - Century City DATA*

Oct 2013

6 month

3 month

Oct 2014

% change

Median Price ..........................................................

$952,500

$749,000

$798,000

$707,500

-25.7%

Average Price per Square Foot ...........................

$762

$708

$796

$629

-17.5%

Properties Sold .......................................................

38

41

47

50

31.6%

Properties Pending Sale .......................................

44

46

48

43

-2.3%

Properties For Sale ................................................

288

280

304

270

-6.2%

Days on Market (Pending Sale) ...........................

67

76

53

72

7.5%

Month’s Supply of Inventory ................................

7.6

6.8

6.5

5.4

-28.7%

Percent Under Contract ........................................

15.3%

16.4%

15.8%

15.9%

4.2%

Average Median Price for Last 12 Months ........

$684,000

$764,229

$751,125

$760,918

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 $952

OCT NOV

$707,500

DEC JAN

MEDIAN SALES PRICE

FEB

$629

MAR APR

AVERAGE PRICE PER SQ FT

MAY JUN JUL

5.4 MONTH’S SUPPLY OF INVENTORY

AUG SEP OCT

$707 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : October 2014

telesproperties.com


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