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

telesproperties.com


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

Micro Market Report : September 2014

telesproperties.com


Los Angeles County DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$853,500

$888,000

$1,022,500

$890,000

4.3%

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

$542

$607

$637

$670

23.6%

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

706

611

726

661

-6.4%

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

751

828

877

721

-4.0%

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

3,764

3,444

3,950

3,910

3.9%

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

49

52

42

52

6.1%

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

5.3

5.6

5.4

5.9

11.0%

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

20.0%

24.0%

22.2%

18.4%

-7.6%

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

$752,000

$929,233

$915,133

$890,319

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 SEP

$853

OCT

$890,000

NOV DEC

MEDIAN SALES PRICE

JAN

$670

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Bel-Air Holmby Hills DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,787,500

$1,990,000

$2,300,000

$3,105,000

73.7%

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

$847

$767

$970

$829

-2.1%

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

12

14

10

9

-25.0%

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

14

13

11

7

-50.0%

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

139

102

117

129

-7.2%

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

101

97

81

60

-40.6%

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

11.6

7.3

11.7

14.3

23.7%

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

10.1%

12.7%

9.4%

5.4%

-46.1%

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

$1,914,000

$3,369,549

$2,369,500

$2,614,753

26.8%

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

current market snapshot SEP

$1.787

OCT

$3,105,000

NOV DEC

MEDIAN SALES PRICE

JAN

$829

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

14.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.105 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Beverly Center - Miracle Mile DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,129,444

$1,150,000

$1,429,000

$1,580,250

39.9%

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

$596

$614

$738

$740

24.2%

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

16

16

16

16

0.0%

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

13

18

18

20

53.8%

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

44

65

74

70

59.1%

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

36

42

20

41

13.9%

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

2.8

4.1

4.6

4.4

59.1%

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

29.5%

27.7%

24.3%

28.6%

-3.3%

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

$1,092,000

$1,348,958

$1,389,917

$1,334,476

18.2%

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

current market snapshot SEP

$1.129

OCT

$1,580,250

NOV DEC

MEDIAN SALES PRICE

JAN

$740

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


Beverly Hills DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$4,120,000

$4,650,000

$2,795,000

$4,300,000

4.4%

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

$893

$1,041

$1,182

$1,075

20.4%

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

13

11

11

11

-15.4%

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

8

18

17

14

75.0%

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

111

86

97

100

-9.9%

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

58

91

54

51

-12.1%

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

8.5

7.8

8.8

9.1

6.5%

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

7.2%

20.9%

17.5%

14.0%

94.2%

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

$4,303,000

$3,955,750

$3,477,500

$4,640,031

7.3%

*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 SEP

$4.120

OCT

$4,300,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,075

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

9.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$4.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Beverly Hills- Post Office DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,700,000

$2,650,000

$1,580,000

$4,090,000

140.6%

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

$751

$945

$786

$1,096

45.9%

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

16

11

10

6

-62.5%

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

16

18

12

11

-31.2%

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

135

119

129

127

-5.9%

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

68

103

46

80

17.6%

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

8.4

10.8

12.9

21.2

150.9%

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

11.9%

15.1%

9.3%

8.7%

-26.9%

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

$1,971,000

$2,634,167

$3,140,000

$2,354,731

16.3%

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

current market snapshot SEP

$1.700

OCT

$4,090,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,096

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

21.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$4.090 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Beverlywood DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,095,000

$872,500

$980,500

$1,015,000

-7.3%

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

$575

$527

$627

$618

7.5%

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

12

16

14

12

0.0%

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

15

14

16

19

26.7%

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

51

50

61

58

13.7%

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

52

40

39

46

-11.5%

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

4.2

3.1

4.4

4.8

13.7%

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

29.4%

28.0%

26.2%

32.8%

11.4%

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

$812,000

$1,024,500

$1,064,667

$999,385

18.8%

*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 SEP

$1.095

OCT

$1,015,000

NOV DEC

MEDIAN SALES PRICE

JAN

$618

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.015 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Brentwood DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$2,180,000

$2,740,000

$2,730,000

$3,151,500

44.6%

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

$812

$1,033

$924

$979

20.6%

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

14

7

28

18

28.6%

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

13

22

21

20

53.8%

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

108

111

113

112

3.7%

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

50

57

59

58

16.0%

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

7.7

15.9

4

6.2

-19.3%

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

12.0%

19.8%

18.6%

17.9%

48.4%

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

$2,166,000

$2,790,083

$2,756,333

$2,686,444

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 SEP

$2.180

OCT

$3,151,500

NOV DEC

MEDIAN SALES PRICE

JAN

$979

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.151 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Cheviot Hills - Rancho Park DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,211,000

$1,525,900

$1,765,000

$2,022,500

67.0%

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

$648

$706

$735

$739

14.0%

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

9

2

11

2

-77.8%

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

8

9

5

7

-12.5%

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

14

20

22

24

71.4%

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

41

13

43

26

-36.6%

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

1.6

10

2

12

671.4%

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

57.1%

45.0%

22.7%

29.2%

-49.0%

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

$1,333,000

$1,551,333

$1,588,500

$1,566,377

14.9%

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

current market snapshot SEP

$1.211

OCT

$2,022,500

NOV DEC

MEDIAN SALES PRICE

JAN

$739

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

12 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.022 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 : September 2014

telesproperties.com


Culver City DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$757,250

$667,500

$830,000

$813,000

7.4%

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

$551

$544

$545

$583

5.8%

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

18

6

13

20

11.1%

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

12

21

10

17

41.7%

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

45

33

42

44

-2.2%

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

51

37

19

41

-19.6%

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

2.5

5.5

3.2

2.2

-12.0%

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

26.7%

63.6%

23.8%

38.6%

44.9%

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

$745,000

$854,300

$844,600

$813,754

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 SEP

$757

OCT

$813,000

NOV DEC

MEDIAN SALES PRICE

JAN

$583

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$813 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Hancock Park - Wilshire DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,153,125

$1,163,000

$1,400,000

$1,330,000

15.3%

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

$557

$578

$650

$562

0.9%

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

22

20

22

13

-40.9%

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

30

25

22

19

-36.7%

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

113

99

105

106

-6.2%

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

41

44

53

59

43.9%

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

5.1

5

4.8

8.2

58.7%

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

26.5%

25.3%

21.0%

17.9%

-32.5%

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

$1,114,000

$1,323,708

$1,416,333

$1,351,313

17.6%

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

current market snapshot SEP

$1.153

OCT

$1,330,000

NOV DEC

MEDIAN SALES PRICE

JAN

$562

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.330 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Hollywood DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$670,000

$580,000

$1,007,614

$662,500

-1.1%

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

$460

$428

$572

$542

17.8%

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

3

3

10

4

33.3%

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

6

0

7

8

33.3%

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

26

17

22

27

3.8%

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

47

0

46

23

-51.1%

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

8.7

5.7

2.2

6.8

-22.1%

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

23.1%

0.0%

31.8%

29.6%

28.4%

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

$696,000

$870,186

$677,000

$859,260

19.0%

*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 SEP

$670

OCT

$662,500

NOV DEC

MEDIAN SALES PRICE

JAN

$542

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$662 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Hollywood Hills East DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,095,000

$1,010,000

$1,101,650

$1,166,000

6.5%

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

$498

$544

$563

$496

-0.4%

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

13

7

13

11

-15.4%

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

14

10

16

13

-7.1%

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

65

50

66

67

3.1%

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

68

41

50

68

0.0%

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

4.6

5

4.1

6.1

31.2%

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

21.5%

20.0%

24.2%

19.4%

-9.9%

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

$989,000

$1,118,350

$1,166,650

$1,181,950

16.3%

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

current market snapshot SEP

$1.095

OCT

$1,166,000

NOV DEC

MEDIAN SALES PRICE

JAN

$496

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.166 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Laurel Canyon DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,358,750

$1,675,000

$1,150,000

$1,400,000

3.0%

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

$616

$733

$649

$727

18.0%

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

14

25

31

23

64.3%

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

22

30

30

21

-4.5%

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

141

138

140

135

-4.3%

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

42

48

41

79

88.1%

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

6.4

4.6

4.7

5.9

-8.4%

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

15.6%

21.7%

21.4%

15.6%

-0.3%

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

$1,185,000

$1,351,333

$1,426,000

$1,347,822

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 SEP

$1.358

OCT

$1,400,000

NOV DEC

MEDIAN SALES PRICE

JAN

$727

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.400 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Los Feliz DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,410,000

$1,050,000

$1,312,500

$1,063,500

-24.6%

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

$538

$598

$627

$626

16.4%

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

13

17

22

19

46.2%

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

8

21

26

16

100.0%

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

45

87

99

72

60.0%

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

18

31

47

54

200.0%

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

5.6

4.1

3.8

3.8

-32.6%

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

17.8%

24.1%

26.3%

22.2%

25.0%

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

$1,090,000

$1,306,583

$1,251,500

$1,303,269

16.4%

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

current market snapshot $1.410

SEP OCT

$1,063,500

NOV DEC

MEDIAN SALES PRICE

JAN

$626

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.063 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Malibu DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,650,000

$1,870,000

$2,200,000

$3,250,000

97.0%

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

$699

$765

$977

$1,317

88.4%

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

17

9

11

15

-11.8%

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

20

17

14

16

-20.0%

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

223

189

209

211

-5.4%

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

166

97

87

127

-23.5%

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

13.1

21

19

14.1

7.2%

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

9.0%

9.0%

6.7%

7.6%

-15.5%

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

$1,862,000

$2,494,167

$2,596,667

$2,335,247

20.3%

*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 SEP

$1.650

OCT

$3,250,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,317

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

14.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.250 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 : September 2014

telesproperties.com


Malibu Beach DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$5,353,750

$6,332,500

$5,600,000

$7,950,000

48.5%

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

$2,646

$2,329

$1,617

$2,488

-6.0%

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

2

4

5

3

50.0%

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

3

3

6

4

33.3%

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

80

72

82

72

-10.0%

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

92

154

206

192

108.7%

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

40

18

16.4

24

-40.0%

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

3.8%

4.2%

7.3%

5.6%

48.1%

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

$6,026,000

$6,305,438

$6,235,833

$6,536,356

7.8%

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

current market snapshot SEP

$5.353

OCT

$7,950,000

NOV DEC

MEDIAN SALES PRICE

JAN

$2,488

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

24 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$7.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Marina Del Rey DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$976,000

$1,250,000

$3,081,000

$1,557,500

59.6%

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

$522

$532

$588

$602

15.3%

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

1

4

3

6

500.0%

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

3

8

1

4

33.3%

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

22

26

20

24

9.1%

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

41

51

24

45

9.8%

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

22

6.5

6.7

4

-81.8%

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

13.6%

30.8%

5.0%

16.7%

22.2%

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

$1,531,000

$1,844,700

$1,573,750

$1,669,542

8.3%

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

current market snapshot SEP

$976

OCT

$1,557,500

NOV DEC

MEDIAN SALES PRICE

JAN

$602

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.557 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Mid Los Angeles DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$465,000

$471,500

$585,000

$580,000

24.7%

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

$322

$318

$318

$387

20.2%

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

14

20

19

12

-14.3%

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

19

19

17

20

5.3%

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

86

73

66

84

-2.3%

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

53

46

33

32

-39.6%

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

6.1

3.6

3.5

7

14.0%

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

22.1%

26.0%

25.8%

23.8%

7.8%

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

$409,000

$572,500

$566,333

$511,774

20.1%

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

current market snapshot SEP

$465

OCT

$580,000

NOV DEC

MEDIAN SALES PRICE

JAN

$387

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$580 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Mid Wilshire DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$525,000

$0

$695,000

$739,500

40.9%

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

$348

$0

$278

$292

-16.1%

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

3

0

1

4

33.3%

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

4

3

11

3

-25.0%

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

21

16

24

11

-47.6%

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

22

16

41

84

281.8%

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

7

0

24

2.8

-60.7%

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

19.0%

18.8%

45.8%

27.3%

43.2%

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

$461,000

$674,750

$670,500

$633,864

27.3%

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

current market snapshot SEP

$525

OCT

$739,500

NOV DEC

MEDIAN SALES PRICE

JAN

$292

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Pacific Palisades DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$2,380,000

$2,850,000

$2,550,000

$2,410,000

1.3%

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

$730

$899

$873

$1,025

40.4%

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

26

29

33

24

-7.7%

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

13

34

36

28

115.4%

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

105

134

119

120

14.3%

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

61

47

46

68

11.5%

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

4

4.6

3.6

5

23.8%

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

12.4%

25.4%

30.3%

23.3%

88.5%

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

$2,209,000

$2,588,328

$2,499,156

$2,603,405

15.1%

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

current market snapshot SEP

$2.380

OCT

$2,410,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,025

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.410 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Palms - Mar Vista DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$905,000

$1,312,500

$1,066,000

$945,000

4.4%

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

$537

$651

$685

$621

15.6%

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

23

22

26

17

-26.1%

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

25

29

39

28

12.0%

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

80

64

91

85

6.2%

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

21

26

27

42

100.0%

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

3.5

2.9

3.5

5

43.8%

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

31.2%

45.3%

42.9%

32.9%

5.4%

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

$855,000

$1,013,167

$966,333

$1,026,158

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 SEP

$905

OCT

$945,000

NOV DEC

MEDIAN SALES PRICE

JAN

$621

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$945 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Playa Del Rey DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,352,000

$1,250,000

$922,500

$1,299,000

-3.9%

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

$497

$498

$649

$583

17.3%

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

3

4

4

5

66.7%

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

3

4

3

3

0.0%

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

17

13

18

17

0.0%

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

103

63

14

50

-51.5%

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

5.7

3.2

4.5

3.4

-40.0%

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

17.6%

30.8%

16.7%

17.6%

0.0%

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

$1,185,000

$1,302,417

$1,282,000

$1,233,558

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 SEP

$1.352

OCT

$1,299,000

NOV DEC

MEDIAN SALES PRICE

JAN

$583

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


Playa Vista DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,192,500

$0

$1,242,000

$1,555,000

30.4%

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

$459

$0

$473

$450

-2.0%

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

2

0

5

1

-50.0%

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

0

1

4

5

0%

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

6

5

9

8

33.3%

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

0

9

26

35

0%

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

3

0

1.8

8

166.7%

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

0.0%

20.0%

44.4%

62.5%

0%

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

$1,173,000

$1,162,700

$1,190,500

$1,200,124

2.3%

*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 SEP

$1.192

OCT

$1,555,000

NOV DEC

MEDIAN SALES PRICE

JAN

$450

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


Santa Monica DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$2,187,500

$2,312,500

$2,160,000

$1,929,500

-11.8%

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

$955

$972

$971

$1,013

6.1%

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

16

14

23

24

50.0%

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

24

17

30

24

0.0%

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

99

74

99

82

-17.2%

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

34

37

46

45

32.4%

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

6.2

5.3

4.3

3.4

-44.8%

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

24.2%

23.0%

30.3%

29.3%

20.7%

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

$2,030,000

$1,935,875

$1,885,083

$1,912,308

-6.2%

*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 SEP

$2.187

OCT

$1,929,500

NOV DEC

MEDIAN SALES PRICE

JAN

$1,013

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.929 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,492,500

$1,890,500

$1,660,000

$1,930,000

29.3%

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

$710

$782

$631

$963

35.6%

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

28

32

33

29

3.6%

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

36

41

39

29

-19.4%

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

271

239

264

266

-1.8%

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

48

82

49

69

43.8%

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

9.7

7.5

8

9.2

-5.2%

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

13.3%

17.2%

14.8%

10.9%

-17.9%

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

$1,453,000

$1,808,377

$1,901,667

$1,647,634

11.8%

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

current market snapshot SEP

$1.492

OCT

$1,930,000

NOV DEC

MEDIAN SALES PRICE

JAN

$963

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

9.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.930 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 : September 2014

telesproperties.com


Venice DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,405,000

$1,683,300

$1,725,000

$1,400,000

-0.4%

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

$892

$902

$948

$887

-0.6%

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

21

19

24

7

-66.7%

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

23

22

16

16

-30.4%

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

76

60

62

59

-22.4%

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

79

65

23

89

12.7%

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

3.6

3.2

2.6

8.4

132.9%

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

30.3%

36.7%

25.8%

27.1%

-10.4%

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

$1,341,000

$1,637,417

$1,650,000

$1,519,254

13.3%

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

current market snapshot SEP

$1.405

OCT

$1,400,000

NOV DEC

MEDIAN SALES PRICE

JAN

$887

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.400 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


West Hollywood DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,187,500

$1,087,500

$1,125,000

$1,280,000

7.8%

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

$659

$748

$679

$799

21.2%

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

4

6

13

10

150.0%

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

6

12

12

7

16.7%

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

53

41

45

46

-13.2%

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

45

74

34

94

108.9%

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

13.2

6.8

3.5

4.6

-65.3%

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

11.3%

29.3%

26.7%

15.2%

34.4%

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

$1,145,000

$1,260,532

$1,255,375

$1,200,564

4.6%

*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 SEP

$1.187

OCT

$1,280,000

NOV DEC

MEDIAN SALES PRICE

JAN

$799

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


West Los Angeles DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$775,650

$877,500

$875,000

$890,000

14.7%

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

$572

$564

$608

$627

9.6%

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

9

6

9

11

22.2%

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

9

6

8

11

22.2%

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

31

25

33

40

29.0%

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

42

19

18

27

-35.7%

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

3.4

4.2

3.7

3.6

5.6%

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

29.0%

24.0%

24.2%

27.5%

-5.3%

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

$736,000

$876,125

$860,833

$839,050

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 SEP

$775

OCT

$890,000

NOV DEC

MEDIAN SALES PRICE

JAN

$627

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Westchester DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$765,000

$905,000

$752,000

$897,500

17.3%

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

$495

$476

$539

$530

7.1%

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

28

17

22

24

-14.3%

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

21

19

37

16

-23.8%

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

49

55

84

59

20.4%

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

31

24

37

38

22.6%

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

1.8

3.2

3.8

2.5

40.5%

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

42.9%

34.5%

44.0%

27.1%

-36.7%

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

$721,000

$816,583

$840,500

$824,385

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 SEP

$765

OCT

$897,500

NOV DEC

MEDIAN SALES PRICE

JAN

$530

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$897 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Westwood - Century City DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,567,500

$1,850,000

$1,505,000

$1,905,000

21.5%

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

$680

$756

$769

$752

10.6%

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

12

10

15

18

50.0%

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

11

14

19

16

45.5%

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

58

44

68

65

12.1%

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

33

24

39

42

27.3%

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

4.8

4.4

4.5

3.6

-25.3%

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

19.0%

31.8%

27.9%

24.6%

29.8%

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

$1,422,000

$1,829,583

$1,990,833

$1,721,000

21.0%

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

current market snapshot SEP

$1.567

OCT

$1,905,000

NOV DEC

MEDIAN SALES PRICE

JAN

$752

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.905 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


South Bay Macro Market DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,144,556

$1,076,813

$1,673,611

$1,502,639

31.3%

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

$552

$552

$570

$624

13.0%

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

199

180

184

180

-9.5%

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

169

226

226

204

20.7%

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

662

620

774

759

14.7%

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

49

58

32

65

32.8%

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

3.3

3.4

4.2

4.2

26.8%

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

25.5%

36.5%

29.2%

26.9%

5.3%

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

$1,229,111

$1,396,452

$1,376,493

$1,335,321

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 SEP

$1.144

OCT

$1,502,639

NOV DEC

MEDIAN SALES PRICE

JAN

$624

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.502 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


El Segundo DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$820,500

$730,000

$820,000

$777,500

-5.2%

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

$514

$604

$518

$800

55.6%

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

8

5

6

2

-75.0%

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

5

7

4

1

-80.0%

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

20

19

17

9

-55.0%

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

54

34

19

127

135.2%

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

2.5

3.8

2.8

4.5

80.0%

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

25.0%

36.8%

23.5%

11.1%

-55.6%

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

$838,000

$892,167

$895,833

$858,558

2.5%

*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 SEP

$820

OCT

$777,500

NOV DEC

MEDIAN SALES PRICE

JAN

$800

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


Manhattan Beach DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,730,000

$1,717,000

$1,915,000

$1,780,000

2.9%

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

$718

$788

$818

$928

29.2%

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

27

25

36

22

-18.5%

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

22

45

33

32

45.5%

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

77

92

89

82

6.5%

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

47

32

36

45

-4.3%

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

2.9

3.7

2.5

3.7

30.7%

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

28.6%

48.9%

37.1%

39.0%

36.6%

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

$1,629,000

$1,908,375

$1,894,250

$1,857,019

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 SEP

$1.730

OCT

$1,780,000

NOV DEC

MEDIAN SALES PRICE

JAN

$928

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Palos Verdes Estates DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,500,000

$1,737,500

$1,500,000

$3,000,000

100.0%

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

$669

$693

$610

$827

23.6%

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

17

14

13

13

-23.5%

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

16

18

27

17

6.2%

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

63

61

94

86

36.5%

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

55

37

38

61

10.9%

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

3.7

4.4

7.2

6.6

78.5%

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

25.4%

29.5%

28.7%

19.8%

-22.2%

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

$1,566,000

$1,807,500

$2,125,000

$1,677,462

7.1%

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

current market snapshot SEP

$1.500

OCT

$3,000,000

NOV DEC

MEDIAN SALES PRICE

JAN

$827

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.000 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Rancho Palos Verdes DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,150,000

$1,145,000

$1,260,000

$1,195,999

4.0%

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

$483

$527

$481

$533

10.4%

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

41

25

32

35

-14.6%

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

35

35

45

41

17.1%

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

128

104

160

156

21.9%

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

52

84

44

55

5.8%

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

3.1

4.2

5

4.5

42.8%

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

27.3%

33.7%

28.1%

26.3%

-3.9%

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

$1,047,000

$1,170,150

$1,135,966

$1,162,992

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 SEP

$1.150

OCT

$1,195,999

NOV DEC

MEDIAN SALES PRICE

JAN

$533

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.195 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Redondo Beach DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$887,500

$835,000

$920,000

$999,000

12.6%

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

$588

$506

$530

$499

-15.1%

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

22

33

31

31

40.9%

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

11

30

35

29

163.6%

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

70

67

100

90

28.6%

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

48

41

16

26

-45.8%

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

3.2

2

3.2

2.9

-8.8%

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

15.7%

44.8%

35.0%

32.2%

105.1%

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

$822,000

$931,306

$989,250

$885,564

7.7%

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

current market snapshot SEP

$887

OCT

$999,000

NOV DEC

MEDIAN SALES PRICE

JAN

$499

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Rolling Hills DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,480,500

$0

$5,725,000

$3,300,000

122.9%

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

$716

$0

$840

$649

-9.4%

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

2

0

2

1

-50.0%

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

0

3

2

3

0%

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

16

20

25

24

50.0%

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

0

159

36

118

0%

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

8

0

12.5

24

200.0%

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

0.0%

15.0%

8.0%

12.5%

0%

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

$2,747,000

$3,309,067

$2,921,967

$3,103,490

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 SEP

$1.480

OCT

$3,300,000

NOV DEC

MEDIAN SALES PRICE

JAN

$649

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

24 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Rolling Hills Estates DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,600,000

$1,280,000

$1,725,000

$1,221,250

-23.7%

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

$544

$569

$570

$628

15.4%

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

8

3

4

6

-25.0%

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

5

7

12

5

0.0%

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

22

26

30

29

31.8%

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

49

26

23

50

2.0%

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

2.8

8.7

7.5

4.8

75.8%

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

22.7%

26.9%

40.0%

17.2%

-24.1%

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

$1,342,000

$1,344,708

$1,193,750

$1,304,865

-2.8%

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

current market snapshot $1.600

SEP OCT

$1,221,250

NOV DEC

MEDIAN SALES PRICE

JAN

$628

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.221 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


San Pedro DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$514,000

$535,000

$520,000

$520,000

1.2%

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

$326

$314

$338

$341

4.6%

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

32

28

24

31

-3.1%

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

37

32

18

28

-24.3%

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

133

113

99

130

-2.3%

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

41

74

44

44

7.3%

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

4.2

4

4.1

4.2

0.9%

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

27.8%

28.3%

18.2%

21.5%

-22.6%

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

$472,000

$545,250

$563,833

$521,731

10.5%

*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 SEP

$514

OCT

$520,000

NOV DEC

MEDIAN SALES PRICE

JAN

$341

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


Torrance DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$618,500

$635,000

$677,500

$730,000

18.0%

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

$408

$411

$421

$407

-0.2%

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

42

47

36

39

-7.1%

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

38

49

50

48

26.3%

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

133

118

160

153

15.0%

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

47

31

32

61

29.8%

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

3.2

2.5

4.4

3.9

23.9%

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

28.6%

41.5%

31.2%

31.4%

9.8%

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

$599,000

$659,542

$668,583

$646,212

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 SEP

$618

OCT

$730,000

NOV DEC

MEDIAN SALES PRICE

JAN

$407

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


San Fernando Valley Macro Market DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$696,143

$727,643

$838,214

$731,429

5.1%

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

$361

$376

$392

$403

11.6%

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

439

368

502

420

-4.3%

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

417

471

508

465

11.5%

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

1,071

899

1,147

1,167

9.0%

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

50

58

63

62

25.8%

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

2.4

2.4

2.3

2.8

13.9%

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

38.9%

52.4%

44.3%

39.8%

2.3%

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

$658,945

$781,929

$770,786

$749,857

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 SEP

$696

OCT

$731,429

NOV DEC

MEDIAN SALES PRICE

JAN

$403

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$731 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Burbank DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$590,000

$635,000

$654,000

$669,000

13.4%

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

$402

$418

$412

$408

1.5%

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

57

51

44

49

-14.0%

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

56

49

60

41

-26.8%

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

89

59

91

84

-5.6%

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

40

59

43

49

22.5%

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

1.6

1.2

2.1

1.7

9.8%

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

62.9%

83.1%

65.9%

48.8%

-22.4%

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

$560,615

$650,167

$662,333

$632,538

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 SEP

$590

OCT

$669,000

NOV DEC

MEDIAN SALES PRICE

JAN

$408

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$669 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Encino DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$968,000

$928,000

$995,000

$1,083,000

11.9%

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

$386

$384

$424

$420

8.8%

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

28

31

47

29

3.6%

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

36

39

36

47

30.6%

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

118

96

121

120

1.7%

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

62

57

59

71

14.5%

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

4.2

3.1

2.6

4.1

-1.8%

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

30.5%

40.6%

29.8%

39.2%

28.4%

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

$829,077

$1,052,500

$1,098,333

$1,035,000

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 SEP

$968

OCT

$1,083,000

NOV DEC

MEDIAN SALES PRICE

JAN

$420

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.083 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Glendale DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$728,000

$664,000

$751,000

$715,000

-1.8%

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

$363

$404

$411

$417

14.9%

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

54

42

72

49

-9.3%

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

45

53

70

50

11.1%

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

130

119

136

121

-6.9%

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

53

55

47

60

13.2%

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

2.4

2.8

1.9

2.5

2.6%

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

34.6%

44.5%

51.5%

41.3%

19.4%

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

$641,615

$744,167

$748,667

$722,615

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 SEP

$728

OCT

$715,000

NOV DEC

MEDIAN SALES PRICE

JAN

$417

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


La Crescenta DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$550,000

$765,000

$732,000

$760,000

38.2%

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

$424

$413

$412

$410

-3.3%

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

20

14

19

26

30.0%

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

22

19

31

20

-9.1%

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

34

31

44

29

-14.7%

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

46

53

58

45

-2.2%

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

1.7

2.2

2.3

1.1

-34.4%

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

64.7%

61.3%

70.5%

69.0%

6.6%

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

$623,385

$733,833

$742,333

$683,231

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 SEP

$550

OCT

$760,000

NOV DEC

MEDIAN SALES PRICE

JAN

$410

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


North Hollywood DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$428,000

$455,000

$439,000

$485,000

13.3%

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

$296

$319

$322

$350

18.2%

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

35

36

56

45

28.6%

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

25

40

40

45

80.0%

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

77

70

66

84

9.1%

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

47

55

53

46

-2.1%

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

2.2

1.9

1.2

1.9

-15.2%

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

32.5%

57.1%

60.6%

53.6%

65.0%

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

$363,692

$447,500

$462,333

$429,846

18.2%

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

current market snapshot SEP

$428

OCT

$485,000

NOV DEC

MEDIAN SALES PRICE

JAN

$350

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Shadow Hills DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$790,000

$690,000

$600,000

$755,000

-4.4%

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

$280

$243

$259

$256

-8.6%

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

3

3

3

2

-33.3%

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

3

4

3

1

-66.7%

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

18

8

14

18

0.0%

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

37

116

78

114

208.1%

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

6

2.7

4.7

9

50.0%

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

16.7%

50.0%

21.4%

5.6%

-66.7%

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

$632,923

$726,833

$769,333

$739,538

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 SEP

$790

OCT

$755,000

NOV DEC

MEDIAN SALES PRICE

JAN

$256

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$755 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Sherman Oaks DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$820,000

$805,000

$900,000

$860,000

4.9%

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

$445

$442

$437

$482

8.3%

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

48

45

49

63

31.2%

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

52

59

64

62

19.2%

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

135

111

154

168

24.4%

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

57

47

58

64

12.3%

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

2.8

2.5

3.1

2.7

-5.2%

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

38.5%

53.2%

41.6%

36.9%

-4.2%

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

$762,769

$922,500

$904,000

$887,154

16.3%

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

current market snapshot SEP

$820

OCT

$860,000

NOV DEC

MEDIAN SALES PRICE

JAN

$482

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


Studio City DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,095,000

$1,140,000

$1,195,000

$960,000

-12.3%

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

$510

$478

$552

$610

19.6%

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

33

30

41

25

-24.2%

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

28

30

32

29

3.6%

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

90

66

81

80

-11.1%

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

48

72

47

69

43.8%

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

2.7

2.2

2

3.2

17.3%

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

31.1%

45.5%

39.5%

36.2%

16.5%

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

$923,846

$1,189,167

$1,156,667

$1,132,231

22.6%

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

current market snapshot SEP

$1.095

OCT

$960,000

NOV DEC

MEDIAN SALES PRICE

JAN

$610

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


Sun Valley DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$327,000

$433,000

$385,000

$395,000

20.8%

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

$294

$265

$300

$309

5.1%

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

19

12

23

13

-31.6%

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

16

17

27

28

75.0%

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

48

34

40

41

-14.6%

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

38

58

52

56

47.4%

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

2.5

2.8

1.7

3.2

24.8%

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

33.3%

50.0%

67.5%

68.3%

104.9%

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

$362,462

$388,833

$401,000

$383,692

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 SEP

$327

OCT

$395,000

NOV DEC

MEDIAN SALES PRICE

JAN

$309

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$395 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Sunland/Tujunga DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$385,000

$395,000

$450,000

$495,000

28.6%

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

$274

$329

$284

$302

10.2%

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

32

21

38

37

15.6%

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

33

36

46

34

3.0%

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

56

58

78

79

41.1%

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

46

59

71

47

2.2%

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

1.8

2.8

2.1

2.1

22.0%

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

58.9%

62.1%

59.0%

43.0%

-27.0%

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

$373,000

$465,667

$480,000

$440,538

18.1%

*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 SEP

$385

OCT

$495,000

NOV DEC

MEDIAN SALES PRICE

JAN

$302

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Tarzana DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$795,000

$810,000

$790,000

$634,000

-20.3%

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

$332

$387

$371

$382

15.1%

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

29

21

27

18

-37.9%

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

21

34

28

22

4.8%

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

66

68

94

106

60.6%

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

43

56

63

67

55.8%

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

2.3

3.2

3.5

5.9

158.8%

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

31.8%

50.0%

29.8%

20.8%

-34.8%

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

$763,231

$913,000

$891,333

$838,231

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 $795

SEP OCT

$634,000

NOV DEC

MEDIAN SALES PRICE

JAN

$382

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$634 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Toluca Lake DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$850,000

$1,013,000

$2,415,000

$862,000

1.4%

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

$333

$425

$540

$476

42.9%

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

5

4

5

6

20.0%

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

10

7

4

8

-20.0%

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

21

11

27

20

-4.8%

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

66

20

129

61

-7.6%

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

4.2

2.8

5.4

3.3

-20.6%

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

47.6%

63.6%

14.8%

40.0%

-16.0%

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

$1,111,000

$1,250,167

$956,667

$1,128,538

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 SEP

$850

OCT

$862,000

NOV DEC

MEDIAN SALES PRICE

JAN

$476

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$862 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Valley Village DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$770,000

$819,000

$759,000

$822,000

6.8%

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

$396

$414

$454

$464

17.2%

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

11

12

12

9

-18.2%

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

13

12

11

9

-30.8%

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

26

23

27

26

0.0%

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

49

56

52

55

12.2%

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

2.4

1.9

2.2

2.9

22.2%

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

50.0%

52.2%

40.7%

34.6%

-30.8%

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

$678,154

$764,500

$808,333

$771,538

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 SEP

$770

OCT

$822,000

NOV DEC

MEDIAN SALES PRICE

JAN

$464

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$822 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Woodland Hills DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$650,000

$635,000

$670,000

$745,000

14.6%

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

$315

$342

$309

$352

11.7%

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

65

46

66

49

-24.6%

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

57

72

56

69

21.1%

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

163

145

174

191

17.2%

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

62

55

65

69

11.3%

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

2.5

3.2

2.6

3.9

55.4%

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

35.0%

49.7%

32.2%

36.1%

3.3%

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

$599,462

$698,167

$709,667

$673,308

12.3%

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

current market snapshot SEP

$650

OCT

$745,000

NOV DEC

MEDIAN SALES PRICE

JAN

$352

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$745 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


San Gabriel Valley Macro Market DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$916,364

$1,033,545

$965,273

$967,909

5.6%

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

$455

$496

$504

$521

14.4%

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

266

257

279

264

-0.8%

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

312

275

293

305

-2.2%

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

663

509

674

722

8.9%

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

46

54

39

51

10.3%

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

2.5

2

2.4

2.7

9.7%

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

47.1%

54.0%

43.5%

42.2%

-10.2%

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

$815,245

$948,500

$954,333

$927,573

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 SEP

$916

OCT

$967,909

NOV DEC

MEDIAN SALES PRICE

JAN

$521

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$967 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Altadena DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$660,000

$550,000

$615,000

$605,000

-8.3%

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

$381

$358

$408

$409

7.3%

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

42

33

29

36

-14.3%

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

41

41

31

38

-7.3%

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

61

43

64

82

34.4%

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

40

51

30

55

37.5%

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

1.5

1.3

2.2

2.3

56.8%

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

67.2%

95.3%

48.4%

46.3%

-31.1%

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

$551,308

$606,667

$600,000

$582,923

5.7%

*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 SEP

$660

OCT

$605,000

NOV DEC

MEDIAN SALES PRICE

JAN

$409

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Arcadia DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,350,000

$1,388,000

$1,312,000

$1,310,000

-3.0%

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

$572

$597

$615

$544

-4.9%

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

35

45

54

31

-11.4%

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

40

36

37

49

22.5%

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

122

91

142

172

41.0%

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

54

48

41

59

9.3%

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

3.5

2

2.6

5.5

59.2%

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

32.8%

39.6%

26.1%

28.5%

-13.1%

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

$1,142,846

$1,335,833

$1,311,667

$1,379,846

20.7%

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

current market snapshot SEP

$1.350

OCT

$1,310,000

NOV DEC

MEDIAN SALES PRICE

JAN

$544

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.310 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Duarte DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$372,000

$540,000

$423,000

$423,000

13.7%

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

$300

$279

$324

$304

1.3%

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

7

11

10

11

57.1%

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

12

11

12

15

25.0%

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

21

18

26

34

61.9%

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

56

58

49

56

0.0%

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

3

1.6

2.6

3.1

3.0%

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

57.1%

61.1%

46.2%

44.1%

-22.8%

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

$356,077

$417,500

$424,333

$407,385

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 SEP

$372

OCT

$423,000

NOV DEC

MEDIAN SALES PRICE

JAN

$304

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$423 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Eagle Rock DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$572,000

$745,000

$530,000

$569,000

-0.5%

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

$310

$388

$418

$521

68.1%

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

2

3

3

3

50.0%

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

6

3

4

7

16.7%

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

12

15

10

12

0.0%

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

37

44

37

68

83.8%

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

6

5

3.3

4

-33.3%

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

50.0%

20.0%

40.0%

58.3%

16.7%

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

$529,692

$631,333

$629,333

$613,769

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 SEP

$572

OCT

$569,000

NOV DEC

MEDIAN SALES PRICE

JAN

$521

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


La Canada Flintridge DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,230,000

$1,560,000

$1,381,000

$1,290,000

4.9%

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

$505

$573

$553

$571

13.1%

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

20

20

20

13

-35.0%

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

23

20

23

13

-43.5%

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

54

36

57

49

-9.3%

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

54

79

37

57

5.6%

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

2.7

1.8

2.8

3.8

39.6%

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

42.6%

55.6%

40.4%

26.5%

-37.7%

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

$1,239,154

$1,292,333

$1,278,333

$1,287,077

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 SEP

$1.230

OCT

$1,290,000

NOV DEC

MEDIAN SALES PRICE

JAN

$571

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Monrovia DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$525,000

$562,000

$653,000

$637,000

21.3%

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

$393

$435

$414

$395

0.5%

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

19

18

26

28

47.4%

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

31

25

31

31

0.0%

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

62

61

60

58

-6.5%

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

62

55

44

53

-14.5%

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

3.3

3.4

2.3

2.1

-36.5%

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

50.0%

41.0%

51.7%

53.4%

6.9%

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

$521,615

$622,500

$635,667

$575,385

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 SEP

$525

OCT

$637,000

NOV DEC

MEDIAN SALES PRICE

JAN

$395

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$637 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Pasadena DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$722,000

$740,000

$795,000

$795,000

10.1%

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

$441

$496

$515

$524

18.8%

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

83

75

70

71

-14.5%

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

98

96

92

83

-15.3%

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

190

145

185

191

0.5%

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

50

60

40

48

-4.0%

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

2.3

1.9

2.6

2.7

17.5%

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

51.6%

66.2%

49.7%

43.5%

-15.7%

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

$650,538

$781,000

$769,000

$731,154

12.4%

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

current market snapshot SEP

$722

OCT

$795,000

NOV DEC

MEDIAN SALES PRICE

JAN

$524

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


San Gabriel DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$685,000

$705,000

$635,000

$710,000

3.6%

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

$388

$400

$403

$414

6.7%

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

28

24

34

35

25.0%

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

24

22

22

31

29.2%

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

73

53

56

59

-19.2%

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

46

51

41

39

-15.2%

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

2.6

2.2

1.6

1.7

-35.3%

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

32.9%

41.5%

39.3%

52.5%

59.8%

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

$576,308

$689,333

$704,000

$666,308

15.6%

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

current market snapshot SEP

$685

OCT

$710,000

NOV DEC

MEDIAN SALES PRICE

JAN

$414

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$710 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


San Marino DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$2,174,000

$2,579,000

$2,186,000

$2,397,000

10.3%

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

$797

$838

$862

$1,037

30.1%

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

14

11

11

11

-21.4%

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

16

10

12

11

-31.2%

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

21

11

24

24

14.3%

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

47

42

26

40

-14.9%

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

1.5

1

2.2

2.2

45.5%

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

76.2%

90.9%

50.0%

45.8%

-39.8%

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

$1,707,615

$2,135,500

$2,194,667

$2,103,923

23.2%

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

current market snapshot SEP

$2.174

OCT

$2,397,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,037

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.397 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Sierra Madre DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$906,000

$960,000

$788,000

$922,000

1.8%

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

$421

$479

$384

$468

11.2%

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

6

9

11

14

133.3%

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

9

3

14

10

11.1%

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

32

17

23

16

-50.0%

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

28

60

65

48

71.4%

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

5.3

1.9

2.1

1.1

-78.6%

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

28.1%

17.6%

60.9%

62.5%

122.2%

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

$739,462

$828,667

$845,333

$856,538

15.8%

*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 SEP

$906

OCT

$922,000

NOV DEC

MEDIAN SALES PRICE

JAN

$468

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

1.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$922 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


South Pasadena DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$884,000

$1,040,000

$1,300,000

$989,000

11.9%

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

$501

$615

$652

$544

8.6%

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

10

8

11

11

10.0%

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

12

8

15

17

41.7%

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

15

19

27

25

66.7%

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

31

48

17

34

9.7%

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

1.5

2.4

2.5

2.3

51.5%

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

80.0%

42.1%

55.6%

68.0%

-15.0%

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

$956,154

$1,092,833

$1,105,333

$999,000

4.5%

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

current market snapshot SEP

$884

OCT

$989,000

NOV DEC

MEDIAN SALES PRICE

JAN

$544

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

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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 : September 2014

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : September 2014

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Orange County DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$645,000

$650,000

$684,950

$680,000

5.4%

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

$392

$391

$403

$431

9.9%

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

1519

1384

1686

1473

-3.0%

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

1395

1710

1703

1510

8.2%

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

7,191

6,660

7,619

7,560

5.1%

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

66

64

55

64

-3.0%

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

4.7

4.8

4.5

5.1

8.4%

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

19.4%

25.7%

22.4%

20.0%

3.0%

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

$593,000

$678,492

$678,333

$663,088

11.8%

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

current market snapshot SEP

$645

OCT

$680,000

NOV DEC

MEDIAN SALES PRICE

JAN

$431

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Aliso Viejo DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$660,000

$662,500

$742,000

$697,500

5.7%

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

$346

$343

$344

$362

4.6%

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

19

16

20

16

-15.8%

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

15

29

19

25

66.7%

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

60

79

86

91

51.7%

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

68

71

42

60

-11.8%

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

3.2

4.9

4.3

5.7

80.1%

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

25.0%

36.7%

22.1%

27.5%

9.9%

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

$655,000

$734,000

$744,500

$717,269

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 SEP

$660

OCT

$697,500

NOV DEC

MEDIAN SALES PRICE

JAN

$362

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Balboa Peninsula DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$2,645,000

$2,065,000

$2,625,000

$1,950,000

-26.3%

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

$994

$736

$1,468

$1,303

31.1%

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

6

3

6

3

-50.0%

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

6

5

6

4

-33.3%

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

50

38

47

43

-14.0%

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

234

130

74

39

-83.3%

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

8.3

12.7

7.8

14.3

72.0%

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

12.0%

13.2%

12.8%

9.3%

-22.5%

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

$2,067,000

$2,732,083

$1,955,833

$2,839,923

37.4%

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

current market snapshot SEP

$2.645

OCT

$1,950,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,303

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

14.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Corona del Mar - Spyglass DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$2,500,000

$2,835,000

$1,825,000

$1,792,500

-28.3%

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

$993

$1,008

$923

$1,028

3.5%

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

13

9

12

16

23.1%

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

11

14

12

11

0.0%

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

74

57

74

80

8.1%

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

76

58

100

94

23.7%

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

5.7

6.3

6.2

5

-12.2%

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

14.9%

24.6%

16.2%

13.8%

-7.5%

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

$2,099,000

$2,147,333

$1,934,167

$2,376,096

13.2%

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

current market snapshot $2.500

SEP OCT

$1,792,500

NOV DEC

MEDIAN SALES PRICE

JAN

$1,028

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.792 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Coto de Caza DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$987,000

$1,121,000

$1,275,000

$1,105,000

12.0%

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

$321

$321

$372

$335

4.4%

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

16

18

13

11

-31.2%

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

16

22

21

25

56.2%

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

130

121

156

143

10.0%

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

140

48

92

74

-47.1%

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

8.1

6.7

12

13

60.0%

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

12.3%

18.2%

13.5%

17.5%

42.0%

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

$975,000

$1,160,250

$1,116,667

$1,129,769

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 SEP

$987

OCT

$1,105,000

NOV DEC

MEDIAN SALES PRICE

JAN

$335

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

13 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.105 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Crystal Cove DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$5,787,500

$3,880,000

$4,850,000

$8,750,000

51.2%

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

$1,072

$1,125

$814

$1,134

5.8%

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

2

3

1

3

50.0%

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

3

4

2

4

33.3%

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

23

21

24

25

8.7%

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

118

104

40

124

5.1%

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

11.5

7

24

8.3

-27.5%

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

13.0%

19.0%

8.3%

16.0%

22.7%

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

$4,683,000

$5,329,000

$5,858,333

$4,910,346

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 SEP

$5.787

OCT

$8,750,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,134

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$8.750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Dana Point DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,060,000

$909,950

$802,500

$866,250

-18.3%

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

$566

$566

$564

$622

9.9%

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

34

20

30

38

11.8%

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

30

29

41

33

10.0%

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

200

158

217

183

-8.5%

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

78

38

82

75

-3.8%

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

5.9

7.9

7.2

4.8

-18.1%

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

15.0%

18.4%

18.9%

18.0%

20.2%

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

$835,000

$883,858

$896,217

$898,085

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 $1.060

SEP OCT

$866,250

NOV DEC

MEDIAN SALES PRICE

JAN

$622

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$866 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


East Bluff - Harbor View DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,737,500

$1,725,000

$1,612,500

$1,282,000

-26.2%

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

$650

$627

$677

$672

3.4%

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

16

10

24

21

31.2%

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

18

22

32

16

-11.1%

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

77

94

134

117

51.9%

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

50

65

69

74

48.0%

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

4.8

9.4

5.6

5.6

15.8%

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

23.4%

23.4%

23.9%

13.7%

-41.5%

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

$1,551,000

$1,684,583

$1,639,333

$1,679,673

8.3%

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

current market snapshot $1.737

SEP OCT

$1,282,000

NOV DEC

MEDIAN SALES PRICE

JAN

$672

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.282 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


East Costa Mesa DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$858,750

$925,000

$850,000

$765,000

-10.9%

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

$494

$545

$527

$457

-7.5%

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

10

14

20

14

40.0%

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

17

19

18

15

-11.8%

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

62

73

76

75

21.0%

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

62

42

38

70

12.9%

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

6.2

5.2

3.8

5.4

-13.6%

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

27.4%

26.0%

23.7%

20.0%

-27.1%

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

$797,000

$875,782

$877,500

$864,157

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 SEP

$858

OCT

$765,000

NOV DEC

MEDIAN SALES PRICE

JAN

$457

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$765 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Fountain Valley DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$623,000

$654,000

$653,500

$655,000

5.1%

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

$336

$360

$345

$351

4.5%

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

17

26

19

29

70.6%

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

22

31

34

28

27.3%

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

74

69

101

72

-2.7%

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

37

36

49

49

32.4%

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

4.4

2.7

5.3

2.5

-43.0%

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

29.7%

44.9%

33.7%

38.9%

30.8%

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

$608,000

$680,167

$680,833

$665,577

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 SEP

$623

OCT

$655,000

NOV DEC

MEDIAN SALES PRICE

JAN

$351

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


Huntington Beach DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$749,000

$750,000

$742,500

$750,000

0.1%

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

$398

$416

$427

$450

13.1%

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

113

95

112

111

-1.8%

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

123

130

97

106

-13.8%

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

402

407

448

422

5.0%

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

51

66

52

68

33.3%

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

3.6

4.3

4

3.8

6.9%

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

30.6%

31.9%

21.7%

25.1%

-17.9%

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

$675,000

$738,808

$740,000

$737,258

9.2%

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

current market snapshot SEP

$749

OCT

$750,000

NOV DEC

MEDIAN SALES PRICE

JAN

$450

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

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

Micro Market Report : September 2014

telesproperties.com


Irvine DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$907,000

$922,500

$934,000

$959,800

5.8%

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

$432

$460

$458

$464

7.4%

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

96

80

91

81

-15.6%

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

88

99

46

79

-10.2%

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

370

359

483

445

20.3%

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

50

42

55

66

32.0%

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

3.9

4.5

5.3

5.5

42.5%

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

23.8%

27.6%

9.5%

17.8%

-25.4%

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

$851,000

$910,633

$911,600

$901,538

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 SEP

$907

OCT

$959,800

NOV DEC

MEDIAN SALES PRICE

JAN

$464

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


Ladera Ranch DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$817,500

$870,153

$885,762

$1,069,000

30.8%

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

$310

$304

$326

$317

2.3%

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

30

27

44

19

-36.7%

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

20

23

28

20

0.0%

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

128

114

158

140

9.4%

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

55

30

62

69

25.5%

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

4.3

4.2

3.6

7.4

72.7%

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

15.6%

20.2%

17.7%

14.3%

-8.6%

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

$776,000

$870,044

$936,333

$866,570

11.7%

*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 SEP

$817

OCT

$1,069,000

NOV DEC

MEDIAN SALES PRICE

JAN

$317

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

7.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.069 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Laguna Beach DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$1,577,500

$2,272,500

$1,660,000

$2,000,000

26.8%

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

$834

$888

$1,029

$1,227

47.1%

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

32

24

34

35

9.4%

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

31

40

44

33

6.5%

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

266

254

275

268

0.8%

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

109

102

93

103

-5.5%

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

8.3

10.6

8.1

7.7

-7.9%

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

11.7%

15.7%

16.0%

12.3%

5.7%

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

$1,552,000

$1,962,833

$2,091,667

$1,919,769

23.7%

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

current market snapshot SEP

$1.577

OCT

$2,000,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,227

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

7.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.000 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Laguna Niguel DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$760,000

$789,000

$784,000

$822,500

8.2%

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

$390

$431

$390

$428

9.7%

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

54

51

59

62

14.8%

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

48

69

56

56

16.7%

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

212

271

348

333

57.1%

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

48

40

53

77

60.4%

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

3.9

5.3

5.9

5.4

36.8%

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

22.6%

25.5%

16.1%

16.8%

-25.7%

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

$723,000

$807,825

$814,167

$799,335

10.6%

*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 SEP

$760

OCT

$822,500

NOV DEC

MEDIAN SALES PRICE

JAN

$428

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$822 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Laguna Hills DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$610,000

$675,000

$757,500

$787,500

29.1%

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

$336

$334

$375

$355

5.7%

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

21

19

18

22

4.8%

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

16

25

31

19

18.8%

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

91

95

111

111

22.0%

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

40

67

57

62

55.0%

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

4.3

5

6.2

5

16.4%

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

17.6%

26.3%

27.9%

17.1%

-2.6%

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

$679,000

$761,233

$831,833

$726,915

7.1%

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

current market snapshot SEP

$610

OCT

$787,500

NOV DEC

MEDIAN SALES PRICE

JAN

$355

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$787 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Laguna Woods DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

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

$587,000

$772,000

$0

$0

-100.0%

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

$402

$432

$0

$0

-100.0%

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

2

1

0

0

-100.0%

Properties Pending Sale .......................................

1

0

0

0

-100.0%

Properties For Sale ................................................

1

0

0

0

-100.0%

Days on Market (Pending Sale) ...........................

59

0

0

0

-100.0%

Month’s Supply of Inventory ................................

0.5

0

0

0

0%

Percent Under Contract ........................................

100.0%

0%

0%

0%

0%

Average Median Price for Last 12 Months ........

$592,000

$0

$0

$634,333

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 SEP

$587

OCT

No sales

NOV DEC

MEDIAN SALES PRICE

JAN

No sales

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

No sales MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$3,912,500

$4,600,000

$3,547,500

$1,575,000

-59.7%

Average Price per Square Foot ...........................

$1,179

$1,704

$1,245

$1,476

25.2%

Properties Sold .......................................................

8

1

6

5

-37.5%

Properties Pending Sale .......................................

2

6

3

3

50.0%

Properties For Sale ................................................

35

49

48

40

14.3%

Days on Market (Pending Sale) ...........................

2

64

86

73

3550.0%

Month’s Supply of Inventory ................................

4.4

49

8

8

82.9%

Percent Under Contract ........................................

5.7%

12.2%

6.2%

7.5%

31.2%

Average Median Price for Last 12 Months ........

$2,594,000

$3,100,433

$3,166,667

$3,059,027

17.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $3.912

SEP OCT

$1,575,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,476

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.575 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Mission Viejo DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$597,000

$615,000

$660,000

$625,000

4.7%

Average Price per Square Foot ...........................

$309

$318

$319

$320

3.6%

Properties Sold .......................................................

82

68

93

84

2.4%

Properties Pending Sale .......................................

81

79

82

59

-27.2%

Properties For Sale ................................................

286

267

312

298

4.2%

Days on Market (Pending Sale) ...........................

48

50

50

49

2.1%

Month’s Supply of Inventory ................................

3.5

3.9

3.4

3.5

1.7%

Percent Under Contract ........................................

28.3%

29.6%

26.3%

19.8%

-30.1%

Average Median Price for Last 12 Months ........

$573,000

$639,417

$630,000

$631,038

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 SEP

$597

OCT

$625,000

NOV DEC

MEDIAN SALES PRICE

JAN

$320

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$625 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Newport Beach DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$1,912,500

$1,849,500

$1,680,000

$1,950,000

2.0%

Average Price per Square Foot ...........................

$808

$726

$784

$875

8.3%

Properties Sold .......................................................

46

32

64

49

6.5%

Properties Pending Sale .......................................

47

67

71

38

-19.1%

Properties For Sale ................................................

306

323

387

348

13.7%

Days on Market (Pending Sale) ...........................

79

62

69

70

-11.4%

Month’s Supply of Inventory ................................

6.7

10.1

6

7.1

6.8%

Percent Under Contract ........................................

15.4%

20.7%

18.3%

10.9%

-28.9%

Average Median Price for Last 12 Months ........

$1,609,000

$1,840,333

$1,850,000

$1,835,692

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 SEP

$1.912

OCT

$1,950,000

NOV DEC

MEDIAN SALES PRICE

JAN

$875

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

7.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Newport Coast DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$3,102,500

$2,747,500

$4,280,000

$4,389,900

41.5%

Average Price per Square Foot ...........................

$801

$828

$744

$952

18.9%

Properties Sold .......................................................

18

14

7

12

-33.3%

Properties Pending Sale .......................................

11

16

14

14

27.3%

Properties For Sale ................................................

91

89

109

98

7.7%

Days on Market (Pending Sale) ...........................

59

51

50

112

89.8%

Month’s Supply of Inventory ................................

5.1

6.4

15.6

8.2

61.5%

Percent Under Contract ........................................

12.1%

18.0%

12.8%

14.3%

18.2%

Average Median Price for Last 12 Months ........

$2,772,000

$3,299,442

$3,284,133

$3,053,781

10.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$3.102

OCT

$4,389,900

NOV DEC

MEDIAN SALES PRICE

JAN

$952

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$4.389 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Newport Heights DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$1,650,000

$1,590,000

$1,925,000

$2,600,000

57.6%

Average Price per Square Foot ...........................

$634

$764

$633

$753

18.8%

Properties Sold .......................................................

5

4

9

5

0.0%

Properties Pending Sale .......................................

4

15

6

0

-100.0%

Properties For Sale ................................................

35

36

33

34

-2.9%

Days on Market (Pending Sale) ...........................

97

56

43

0

-100.0%

Month’s Supply of Inventory ................................

7

9

3.7

6.8

-2.9%

Percent Under Contract ........................................

11.4%

41.7%

18.2%

0.0%

-100.0%

Average Median Price for Last 12 Months ........

$1,460,000

$2,106,636

$2,066,150

$1,857,433

27.2%

*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 SEP

$1.650

OCT

$2,600,000

NOV DEC

MEDIAN SALES PRICE

JAN

$753

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.600 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 : September 2014

telesproperties.com


Rancho Santa Margarita DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$650,000

$612,000

$665,000

$650,000

0.0%

Average Price per Square Foot ...........................

$306

$319

$318

$313

2.3%

Properties Sold .......................................................

35

41

51

41

17.1%

Properties Pending Sale .......................................

37

38

45

34

-8.1%

Properties For Sale ................................................

147

131

180

193

31.3%

Days on Market (Pending Sale) ...........................

53

45

50

61

15.1%

Month’s Supply of Inventory ................................

4.2

3.2

3.5

4.7

12.1%

Percent Under Contract ........................................

25.2%

29.0%

25.0%

17.6%

-30.0%

Average Median Price for Last 12 Months ........

$591,000

$653,065

$649,963

$645,722

9.3%

*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 SEP

$650

OCT

$650,000

NOV DEC

MEDIAN SALES PRICE

JAN

$313

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


San Clemente DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$837,500

$816,000

$793,750

$820,000

-2.1%

Average Price per Square Foot ...........................

$357

$371

$383

$375

5.0%

Properties Sold .......................................................

56

40

56

58

3.6%

Properties Pending Sale .......................................

44

80

60

72

63.6%

Properties For Sale ................................................

303

281

331

356

17.5%

Days on Market (Pending Sale) ...........................

76

58

69

72

-5.3%

Month’s Supply of Inventory ................................

5.4

7

5.9

6.1

13.4%

Percent Under Contract ........................................

14.5%

28.5%

18.1%

20.2%

39.3%

Average Median Price for Last 12 Months ........

$776,000

$830,750

$840,000

$819,769

5.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$837

OCT

$820,000

NOV DEC

MEDIAN SALES PRICE

JAN

$375

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


San Juan Capistrano DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$925,000

$815,000

$700,000

$829,388

-10.3%

Average Price per Square Foot ...........................

$315

$373

$338

$339

7.6%

Properties Sold .......................................................

24

27

31

16

-33.3%

Properties Pending Sale .......................................

22

28

35

24

9.1%

Properties For Sale ................................................

153

132

153

167

9.2%

Days on Market (Pending Sale) ...........................

94

87

55

69

-26.6%

Month’s Supply of Inventory ................................

6.4

4.9

4.9

10.4

63.7%

Percent Under Contract ........................................

14.4%

21.2%

22.9%

14.4%

-0.1%

Average Median Price for Last 12 Months ........

$726,000

$728,231

$714,796

$826,184

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 SEP

$925

OCT

$829,388

NOV DEC

MEDIAN SALES PRICE

JAN

$339

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

10.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$829 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Shady Canyon DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$0

$5,619,000

$4,050,000

$0

0%

Average Price per Square Foot ...........................

$0

$677

$694

$0

0%

Properties Sold .......................................................

0

2

1

0

0%

Properties Pending Sale .......................................

0

2

0

1

0%

Properties For Sale ................................................

9

6

3

4

-55.6%

Days on Market (Pending Sale) ...........................

0

275

0

245

0%

Month’s Supply of Inventory ................................

0

3

3

0

0%

Percent Under Contract ........................................

0.0%

33.3%

0.0%

25.0%

0%

Average Median Price for Last 12 Months ........

$5,578,000

$3,950,000

$0

$4,954,750

-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 SEP OCT

No sales

NOV DEC

MEDIAN SALES PRICE

JAN

No sales

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

No sales MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Turtle Ridge DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$0

$2,075,000

$1,700,000

$2,488,000

0%

Average Price per Square Foot ...........................

$0

$602

$656

$686

0%

Properties Sold .......................................................

0

4

5

5

0%

Properties Pending Sale .......................................

2

1

1

5

150.0%

Properties For Sale ................................................

26

28

34

33

26.9%

Days on Market (Pending Sale) ...........................

88

149

109

82

-6.8%

Month’s Supply of Inventory ................................

0

7

6.8

6.6

0%

Percent Under Contract ........................................

7.7%

3.6%

2.9%

15.2%

97.0%

Average Median Price for Last 12 Months ........

$2,098,000

$2,588,567

$2,529,333

$2,503,041

19.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP OCT

$2,488,000

NOV DEC

MEDIAN SALES PRICE

JAN

$686

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.488 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

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Turtle Rock DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$1,040,400

$1,390,000

$0

$0

-100.0%

Average Price per Square Foot ...........................

$499

$532

$0

$0

-100.0%

Properties Sold .......................................................

5

3

0

0

-100.0%

Properties Pending Sale .......................................

0

1

0

0

0%

Properties For Sale ................................................

12

5

3

6

-50.0%

Days on Market (Pending Sale) ...........................

0

1

0

0

0%

Month’s Supply of Inventory ................................

2.4

1.7

0

0

0%

Percent Under Contract ........................................

0.0%

20.0%

0.0%

0.0%

0%

Average Median Price for Last 12 Months ........

$1,259,000

$0

$0

$1,754,058

39.3%

*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 SEP

$1.040

OCT

No sales

NOV DEC

MEDIAN SALES PRICE

JAN

No sales

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

No sales MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

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Westminster DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$485,000

$495,000

$529,944

$523,500

7.9%

Average Price per Square Foot ...........................

$300

$330

$314

$335

11.7%

Properties Sold .......................................................

35

31

34

28

-20.0%

Properties Pending Sale .......................................

43

48

41

35

-18.6%

Properties For Sale ................................................

117

124

129

118

0.9%

Days on Market (Pending Sale) ...........................

40

42

62

55

37.5%

Month’s Supply of Inventory ................................

3.3

4

3.8

4.2

26.1%

Percent Under Contract ........................................

36.8%

38.7%

31.8%

29.7%

-19.3%

Average Median Price for Last 12 Months ........

$460,000

$532,407

$532,833

$517,650

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 SEP

$485

OCT

$523,500

NOV DEC

MEDIAN SALES PRICE

JAN

$335

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$523 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


West Bay - Santa Ana Heights DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$1,432,500

$1,800,000

$1,700,000

$1,779,500

24.2%

Average Price per Square Foot ...........................

$574

$496

$578

$684

19.2%

Properties Sold .......................................................

8

8

13

6

-25.0%

Properties Pending Sale .......................................

12

15

14

11

-8.3%

Properties For Sale ................................................

60

59

67

63

5.0%

Days on Market (Pending Sale) ...........................

60

51

51

65

8.3%

Month’s Supply of Inventory ................................

7.5

7.4

5.2

10.5

40.0%

Percent Under Contract ........................................

20.0%

25.4%

20.9%

17.5%

-12.7%

Average Median Price for Last 12 Months ........

$1,291,000

$1,461,375

$1,482,750

$1,525,904

18.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$1.432

OCT

$1,779,500

NOV DEC

MEDIAN SALES PRICE

JAN

$684

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

10.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.779 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

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West Newport - Lido DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$3,587,500

$3,087,000

$1,437,500

$2,250,000

-37.3%

Average Price per Square Foot ...........................

$1,404

$1,232

$942

$1,178

-16.1%

Properties Sold .......................................................

2

6

6

9

350.0%

Properties Pending Sale .......................................

5

4

10

4

-20.0%

Properties For Sale ................................................

49

47

58

48

-2.0%

Days on Market (Pending Sale) ...........................

55

22

98

96

74.5%

Month’s Supply of Inventory ................................

24.5

7.8

9.7

5.3

-78.2%

Percent Under Contract ........................................

10.2%

8.5%

17.2%

8.3%

-18.3%

Average Median Price for Last 12 Months ........

$1,872,000

$2,188,750

$2,132,500

$2,164,550

15.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $3.587

SEP OCT

$2,250,000

NOV DEC

MEDIAN SALES PRICE

JAN

$1,178

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.250 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 : September 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 : September 2014

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County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : September 2014

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Carpinteria DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$675,000

$901,000

$3,875,000

$949,000

40.6%

Average Price per Square Foot ...........................

$824

$1,297

$1,061

$654

-20.6%

Properties Sold .......................................................

9

4

7

7

-22.2%

Properties Pending Sale .......................................

7

13

9

7

0.0%

Properties For Sale ................................................

54

44

45

46

-14.8%

Days on Market (Pending Sale) ...........................

156

36

99

94

-39.7%

Month’s Supply of Inventory ................................

6

11

6.4

6.6

9.5%

Percent Under Contract ........................................

13.0%

29.5%

20.0%

15.2%

17.4%

Average Median Price for Last 12 Months ........

$996,000

$1,509,625

$1,209,833

$1,412,421

41.8%

*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 SEP

$675

OCT

$949,000

NOV DEC

MEDIAN SALES PRICE

JAN

$654

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$949 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Goleta DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$775,000

$720,000

$869,000

$885,000

14.2%

Average Price per Square Foot ...........................

$442

$455

$473

$499

12.9%

Properties Sold .......................................................

15

10

5

8

-46.7%

Properties Pending Sale .......................................

7

17

9

6

-14.3%

Properties For Sale ................................................

32

31

28

27

-15.6%

Days on Market (Pending Sale) ...........................

17

24

23

36

111.8%

Month’s Supply of Inventory ................................

2.1

3.1

5.6

3.4

58.2%

Percent Under Contract ........................................

21.9%

54.8%

32.1%

22.2%

1.6%

Average Median Price for Last 12 Months ........

$719,000

$815,667

$826,667

$805,269

12.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$775

OCT

$885,000

NOV DEC

MEDIAN SALES PRICE

JAN

$499

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$885 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Hope Ranch DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$2,375,000

$5,130,750

$2,150,000

$3,128,000

31.7%

Average Price per Square Foot ...........................

$882

$872

$592

$713

-19.2%

Properties Sold .......................................................

1

4

4

3

200.0%

Properties Pending Sale .......................................

1

1

5

2

100.0%

Properties For Sale ................................................

34

36

36

33

-2.9%

Days on Market (Pending Sale) ...........................

7

29

135

300

4185.7%

Month’s Supply of Inventory ................................

34

9

9

11

-67.6%

Percent Under Contract ........................................

2.9%

2.8%

13.9%

6.1%

106.1%

Average Median Price for Last 12 Months ........

$2,602,000

$2,790,917

$2,844,333

$3,179,327

22.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$2.375

OCT

$3,128,000

NOV DEC

MEDIAN SALES PRICE

JAN

$713

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

11 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$3.128 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Montecito DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$2,575,000

$2,500,000

$3,620,000

$2,400,000

-6.8%

Average Price per Square Foot ...........................

$804

$956

$1,028

$852

6.0%

Properties Sold .......................................................

19

10

25

25

31.6%

Properties Pending Sale .......................................

13

27

17

22

69.2%

Properties For Sale ................................................

189

171

177

166

-12.2%

Days on Market (Pending Sale) ...........................

147

97

79

163

10.9%

Month’s Supply of Inventory ................................

9.9

17.1

7.1

6.6

-33.2%

Percent Under Contract ........................................

6.9%

15.8%

9.6%

13.3%

92.7%

Average Median Price for Last 12 Months ........

$2,418,000

$3,025,500

$3,126,000

$2,650,673

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 SEP

$2.575

OCT

$2,400,000

NOV DEC

MEDIAN SALES PRICE

JAN

$852

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$2.400 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Santa Barbara East of State DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$970,000

$1,360,000

$1,196,000

$1,300,000

34.0%

Average Price per Square Foot ...........................

$590

$702

$682

$635

7.6%

Properties Sold .......................................................

19

15

26

28

47.4%

Properties Pending Sale .......................................

28

24

33

27

-3.6%

Properties For Sale ................................................

149

104

138

140

-6.0%

Days on Market (Pending Sale) ...........................

38

63

48

38

0.0%

Month’s Supply of Inventory ................................

7.8

6.9

5.3

5

-36.2%

Percent Under Contract ........................................

18.8%

23.1%

23.9%

19.3%

2.6%

Average Median Price for Last 12 Months ........

$957,000

$1,244,333

$1,231,667

$1,179,731

23.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$970

OCT

$1,300,000

NOV DEC

MEDIAN SALES PRICE

JAN

$635

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Santa Barbara West of State DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$888,000

$950,000

$850,000

$950,000

7.0%

Average Price per Square Foot ...........................

$568

$750

$598

$693

22.0%

Properties Sold .......................................................

29

15

20

23

-20.7%

Properties Pending Sale .......................................

26

21

23

17

-34.6%

Properties For Sale ................................................

84

63

69

77

-8.3%

Days on Market (Pending Sale) ...........................

45

34

38

36

-20.0%

Month’s Supply of Inventory ................................

2.9

4.2

3.4

3.3

15.6%

Percent Under Contract ........................................

31.0%

33.3%

33.3%

22.1%

-28.7%

Average Median Price for Last 12 Months ........

$779,000

$975,917

$1,029,333

$946,462

21.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$888

OCT

$950,000

NOV DEC

MEDIAN SALES PRICE

JAN

$693

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$950 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Santa Ynez DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$590,000

$590,000

$835,000

$640,000

8.5%

Average Price per Square Foot ...........................

$351

$340

$414

$291

-17.1%

Properties Sold .......................................................

9

13

13

9

0.0%

Properties Pending Sale .......................................

8

13

12

14

75.0%

Properties For Sale ................................................

123

123

121

116

-5.7%

Days on Market (Pending Sale) ...........................

39

61

206

77

97.4%

Month’s Supply of Inventory ................................

13.7

9.5

9.3

12.9

-5.7%

Percent Under Contract ........................................

6.5%

10.6%

9.9%

12.1%

85.6%

Average Median Price for Last 12 Months ........

$673,000

$746,458

$820,417

$716,173

6.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$590

OCT

$640,000

NOV DEC

MEDIAN SALES PRICE

JAN

$291

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

12.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$640 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

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Monterey County

Carmel Carmel Valley Pacific Grove Pebble Beach

Micro Market Report : September 2014

telesproperties.com


County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : September 2014

telesproperties.com


Carmel DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$1,412,750

$1,250,000

$1,525,000

$1,675,000

18.6%

Average Price per Square Foot ...........................

$828

$813

$733

$906

9.4%

Properties Sold .......................................................

20

20

23

17

-15.0%

Properties Pending Sale .......................................

11

27

21

30

172.7%

Properties For Sale ................................................

168

153

147

145

-13.7%

Days on Market (Pending Sale) ...........................

83

122

81

69

-16.9%

Month’s Supply of Inventory ................................

8.4

7.6

6.4

8.5

1.5%

Percent Under Contract ........................................

6.5%

17.6%

14.3%

20.7%

216.0%

Average Median Price for Last 12 Months ........

$1,229,000

$1,375,417

$1,420,000

$1,394,971

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 SEP

$1.412

OCT

$1,675,000

NOV DEC

MEDIAN SALES PRICE

JAN

$906

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.675 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Carmel Valley DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$970,000

$1,093,750

$745,000

$985,000

1.5%

Average Price per Square Foot ...........................

$328

$406

$442

$390

18.9%

Properties Sold .......................................................

5

10

15

6

20.0%

Properties Pending Sale .......................................

5

24

15

6

20.0%

Properties For Sale ................................................

114

102

102

92

-19.3%

Days on Market (Pending Sale) ...........................

91

93

81

40

-56.0%

Month’s Supply of Inventory ................................

22.8

10.2

6.8

15.3

-32.7%

Percent Under Contract ........................................

4.4%

23.5%

14.7%

6.5%

48.7%

Average Median Price for Last 12 Months ........

$858,000

$889,000

$906,000

$1,022,212

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 SEP

$970

OCT

$985,000

NOV DEC

MEDIAN SALES PRICE

JAN

$390

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

15.3 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$985 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

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Pacific Grove DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$686,750

$680,202

$730,000

$774,000

12.7%

Average Price per Square Foot ...........................

$434

$481

$765

$528

21.7%

Properties Sold .......................................................

14

12

17

8

-42.9%

Properties Pending Sale .......................................

11

15

13

13

18.2%

Properties For Sale ................................................

66

56

58

66

0.0%

Days on Market (Pending Sale) ...........................

101

51

84

73

-27.7%

Month’s Supply of Inventory ................................

4.7

4.7

3.4

8.2

75.0%

Percent Under Contract ........................................

16.7%

26.8%

22.4%

19.7%

18.2%

Average Median Price for Last 12 Months ........

$652,000

$727,083

$735,000

$728,392

11.7%

*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 SEP

$686

OCT

$774,000

NOV DEC

MEDIAN SALES PRICE

JAN

$528

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$774 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

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Pebble Beach DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$2,000,000

$1,482,500

$1,282,500

$1,570,000

-21.5%

Average Price per Square Foot ...........................

$759

$510

$438

$735

-3.2%

Properties Sold .......................................................

11

10

6

15

36.4%

Properties Pending Sale .......................................

9

16

8

12

33.3%

Properties For Sale ................................................

95

83

83

84

-11.6%

Days on Market (Pending Sale) ...........................

125

127

183

75

-40.0%

Month’s Supply of Inventory ................................

8.6

8.3

13.8

5.6

-35.2%

Percent Under Contract ........................................

9.5%

19.3%

9.6%

14.3%

50.8%

Average Median Price for Last 12 Months ........

$1,291,000

$1,484,583

$1,610,000

$1,524,594

18.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $2.000

SEP OCT

$1,570,000

NOV DEC

MEDIAN SALES PRICE

JAN

$735

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.570 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 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 : September 2014

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County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : September 2014

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Beverly Center - Miracle Mile DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$585,000

$645,000

$490,000

$560,000

-4.3%

Average Price per Square Foot ...........................

$443

$531

$488

$539

21.7%

Properties Sold .......................................................

6

6

10

8

33.3%

Properties Pending Sale .......................................

7

8

5

6

-14.3%

Properties For Sale ................................................

34

28

33

37

8.8%

Days on Market (Pending Sale) ...........................

57

42

50

40

-29.8%

Month’s Supply of Inventory ................................

5.7

4.7

3.3

4.6

-18.4%

Percent Under Contract ........................................

20.6%

28.6%

15.2%

16.2%

-21.2%

Average Median Price for Last 12 Months ........

$560,000

$616,750

$611,667

$655,538

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 SEP

$585

OCT

$560,000

NOV DEC

MEDIAN SALES PRICE

JAN

$539

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.6 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$560 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

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Beverly Hills DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$886,000

$850,000

$883,000

$1,160,000

30.9%

Average Price per Square Foot ...........................

$480

$630

$554

$626

30.4%

Properties Sold .......................................................

6

6

14

13

116.7%

Properties Pending Sale .......................................

8

9

10

7

-12.5%

Properties For Sale ................................................

43

55

58

52

20.9%

Days on Market (Pending Sale) ...........................

39

69

83

71

82.1%

Month’s Supply of Inventory ................................

7.2

9.2

4.1

4

-44.2%

Percent Under Contract ........................................

18.6%

16.4%

17.2%

13.5%

-27.6%

Average Median Price for Last 12 Months ........

$846,000

$1,070,750

$1,124,667

$1,044,885

23.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$886

OCT

$1,160,000

NOV DEC

MEDIAN SALES PRICE

JAN

$626

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

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Brentwood DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$670,000

$841,000

$672,000

$810,000

20.9%

Average Price per Square Foot ...........................

$512

$561

$492

$531

3.7%

Properties Sold .......................................................

20

14

17

23

15.0%

Properties Pending Sale .......................................

12

20

16

13

8.3%

Properties For Sale ................................................

65

83

86

88

35.4%

Days on Market (Pending Sale) ...........................

47

48

32

50

6.4%

Month’s Supply of Inventory ................................

3.2

5.9

5.1

3.8

17.7%

Percent Under Contract ........................................

18.5%

24.1%

18.6%

14.8%

-20.0%

Average Median Price for Last 12 Months ........

$686,000

$754,333

$792,667

$745,000

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 SEP

$670

OCT

$810,000

NOV DEC

MEDIAN SALES PRICE

JAN

$531

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$810 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Culver City DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$397,500

$479,000

$417,750

$425,000

6.9%

Average Price per Square Foot ...........................

$369

$399

$414

$369

0.0%

Properties Sold .......................................................

18

12

18

17

-5.6%

Properties Pending Sale .......................................

9

17

21

15

66.7%

Properties For Sale ................................................

31

39

55

49

58.1%

Days on Market (Pending Sale) ...........................

19

23

31

43

126.3%

Month’s Supply of Inventory ................................

1.7

3.2

3.1

2.9

67.4%

Percent Under Contract ........................................

29.0%

43.6%

38.2%

30.6%

5.4%

Average Median Price for Last 12 Months ........

$365,000

$408,708

$424,833

$410,365

12.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$397

OCT

$425,000

NOV DEC

MEDIAN SALES PRICE

JAN

$369

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.9 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$425 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

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Encino DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$325,000

$283,000

$262,000

$281,000

-13.5%

Average Price per Square Foot ...........................

$229

$267

$239

$274

19.7%

Properties Sold .......................................................

13

14

18

14

7.7%

Properties Pending Sale .......................................

15

16

14

16

6.7%

Properties For Sale ................................................

24

37

46

48

100.0%

Days on Market (Pending Sale) ...........................

71

71

57

64

-9.9%

Month’s Supply of Inventory ................................

1.8

2.6

2.6

3.4

85.7%

Percent Under Contract ........................................

62.5%

43.2%

30.4%

33.3%

-46.7%

Average Median Price for Last 12 Months ........

$255,000

$287,000

$270,333

$293,154

15.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$325

OCT

$281,000

NOV DEC

MEDIAN SALES PRICE

JAN

$274

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

3.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$281 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

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Malibu DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$0

$586,000

$785,000

$825,000

0%

Average Price per Square Foot ...........................

$0

$329

$678

$542

0%

Properties Sold .......................................................

0

2

2

3

0%

Properties Pending Sale .......................................

4

4

1

1

-75.0%

Properties For Sale ................................................

26

20

16

26

0.0%

Days on Market (Pending Sale) ...........................

98

177

68

39

-60.2%

Month’s Supply of Inventory ................................

0

10

8

8.7

0%

Percent Under Contract ........................................

15.4%

20.0%

6.2%

3.8%

-75.0%

Average Median Price for Last 12 Months ........

$655,000

$899,833

$838,000

$821,364

25.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP OCT

$825,000

NOV DEC

MEDIAN SALES PRICE

JAN

$542

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8.7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Marina Del Rey DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$750,156

$702,500

$792,500

$771,000

2.8%

Average Price per Square Foot ...........................

$533

$473

$577

$666

25.0%

Properties Sold .......................................................

18

20

30

18

0.0%

Properties Pending Sale .......................................

18

24

30

37

105.6%

Properties For Sale ................................................

156

135

133

115

-26.3%

Days on Market (Pending Sale) ...........................

87

57

44

74

-14.9%

Month’s Supply of Inventory ................................

8.7

6.8

4.4

6.4

-26.3%

Percent Under Contract ........................................

11.5%

17.8%

22.6%

32.2%

178.8%

Average Median Price for Last 12 Months ........

$681,000

$781,833

$772,000

$749,466

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 SEP

$750

OCT

$771,000

NOV DEC

MEDIAN SALES PRICE

JAN

$666

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.4 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$771 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

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Santa Monica DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$850,000

$757,500

$1,170,000

$1,185,400

39.5%

Average Price per Square Foot ...........................

$695

$590

$971

$1,068

53.7%

Properties Sold .......................................................

37

28

56

32

-13.5%

Properties Pending Sale .......................................

31

46

51

38

22.6%

Properties For Sale ................................................

107

126

150

164

53.3%

Days on Market (Pending Sale) ...........................

32

43

35

46

43.8%

Month’s Supply of Inventory ................................

2.9

4.5

2.7

5.1

77.2%

Percent Under Contract ........................................

29.0%

36.5%

34.0%

23.2%

-20.0%

Average Median Price for Last 12 Months ........

$740,000

$981,650

$1,022,633

$865,535

17.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$850

OCT

$1,185,400

NOV DEC

MEDIAN SALES PRICE

JAN

$1,068

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

5.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$1.185 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Sherman Oaks DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$405,000

$401,000

$405,000

$377,000

-6.9%

Average Price per Square Foot ...........................

$302

$325

$315

$311

3.0%

Properties Sold .......................................................

21

16

20

22

4.8%

Properties Pending Sale .......................................

24

22

16

20

-16.7%

Properties For Sale ................................................

26

49

58

47

80.8%

Days on Market (Pending Sale) ...........................

45

79

46

58

28.9%

Month’s Supply of Inventory ................................

1.2

3.1

2.9

2.1

72.6%

Percent Under Contract ........................................

92.3%

44.9%

27.6%

42.6%

-53.9%

Average Median Price for Last 12 Months ........

$335,692

$391,667

$385,667

$394,308

17.5%

*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 SEP

$405

OCT

$377,000

NOV DEC

MEDIAN SALES PRICE

JAN

$311

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

2.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$377 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Studio City DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$440,000

$470,000

$445,000

$409,000

-7.0%

Average Price per Square Foot ...........................

$358

$363

$353

$365

2.0%

Properties Sold .......................................................

9

8

6

4

-55.6%

Properties Pending Sale .......................................

9

11

20

8

-11.1%

Properties For Sale ................................................

25

33

35

32

28.0%

Days on Market (Pending Sale) ...........................

63

61

61

75

19.0%

Month’s Supply of Inventory ................................

2.8

4.1

5.8

8

188.0%

Percent Under Contract ........................................

36.0%

33.3%

57.1%

25.0%

-30.6%

Average Median Price for Last 12 Months ........

$434,231

$483,833

$489,333

$470,308

8.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$440

OCT

$409,000

NOV DEC

MEDIAN SALES PRICE

JAN

$365

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

8 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$409 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Venice DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$572,000

$775,000

$1,136,500

$925,000

61.7%

Average Price per Square Foot ...........................

$599

$591

$783

$594

-0.8%

Properties Sold .......................................................

3

3

7

4

33.3%

Properties Pending Sale .......................................

7

4

2

2

-71.4%

Properties For Sale ................................................

21

10

24

28

33.3%

Days on Market (Pending Sale) ...........................

28

32

228

18

-35.7%

Month’s Supply of Inventory ................................

7

3.3

3.4

7

0.0%

Percent Under Contract ........................................

33.3%

40.0%

8.3%

7.1%

-78.6%

Average Median Price for Last 12 Months ........

$1,123,000

$1,246,383

$1,199,167

$1,095,900

-2.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$572

OCT

$925,000

NOV DEC

MEDIAN SALES PRICE

JAN

$594

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

7 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$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 : September 2014

telesproperties.com


West Hollywood DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$468,000

$684,000

$630,000

$675,000

44.2%

Average Price per Square Foot ...........................

$537

$590

$547

$548

2.0%

Properties Sold .......................................................

31

30

27

19

-38.7%

Properties Pending Sale .......................................

31

33

36

24

-22.6%

Properties For Sale ................................................

143

116

134

143

0.0%

Days on Market (Pending Sale) ...........................

49

42

42

50

2.0%

Month’s Supply of Inventory ................................

4.6

3.9

5

7.5

63.2%

Percent Under Contract ........................................

21.7%

28.4%

26.9%

16.8%

-22.6%

Average Median Price for Last 12 Months ........

$494,000

$632,083

$635,833

$625,750

26.7%

*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 SEP

$468

OCT

$675,000

NOV DEC

MEDIAN SALES PRICE

JAN

$548

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

7.5 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$675 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


West LA DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$639,000

$594,000

$694,500

$640,000

0.2%

Average Price per Square Foot ...........................

$446

$450

$452

$447

0.2%

Properties Sold .......................................................

11

13

14

11

0.0%

Properties Pending Sale .......................................

8

17

20

10

25.0%

Properties For Sale ................................................

46

50

58

46

0.0%

Days on Market (Pending Sale) ...........................

52

30

45

39

-25.0%

Month’s Supply of Inventory ................................

4.2

3.8

4.1

4.2

0.0%

Percent Under Contract ........................................

17.4%

34.0%

34.5%

21.7%

25.0%

Average Median Price for Last 12 Months ........

$633,000

$638,583

$618,667

$638,904

0.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$639

OCT

$640,000

NOV DEC

MEDIAN SALES PRICE

JAN

$447

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

4.2 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$640 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


Westwood - Century City DATA*

Sep 2013

6 month

3 month

Sep 2014

% change

Median Price ..........................................................

$731,033

$740,000

$729,000

$795,000

8.8%

Average Price per Square Foot ...........................

$600

$670

$596

$665

10.8%

Properties Sold .......................................................

55

49

41

45

-18.2%

Properties Pending Sale .......................................

40

48

54

47

17.5%

Properties For Sale ................................................

300

281

319

274

-8.7%

Days on Market (Pending Sale) ...........................

59

87

62

60

1.7%

Month’s Supply of Inventory ................................

5.5

5.7

7.8

6.1

11.6%

Percent Under Contract ........................................

13.3%

17.1%

16.9%

17.2%

28.6%

Average Median Price for Last 12 Months ........

$655,000

$771,146

$781,292

$762,729

16.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot SEP

$731

OCT

$795,000

NOV DEC

MEDIAN SALES PRICE

JAN

$665

FEB MAR

AVERAGE PRICE PER SQ FT

APR MAY JUN

6.1 MONTH’S SUPPLY OF INVENTORY

JUL AUG SEP

$795 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : September 2014

telesproperties.com


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