micro market report luxury real estate market research September 2016 | LOS ANGELES, ORANGE, SANTA BARBARA, MONTEREY, SAN DIEGO
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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
Palos Verdes Estates
North Hollywood
Bel Air - Holmby Hills
Mid Wilshire
Rancho Palos Verdes
Shadow Hills
Beverly Center - Miracle Mile
Pacific Palisades
Redondo Beach - North
Sherman Oaks
Beverly Hills
Palms - Mar Vista
Redondo Beach - South
Studio City
Beverly Hills P.O.
Playa del Rey
Rolling Hills
Sun Valley
Beverlywood
Playa Vista
Rolling Hills Estates
Sunland - Tujunga
Brentwood
Santa Monica
San Pedro
Tarzana
Cheviot Hills - Rancho Park
Sunset Strip - Hollywood Hills West
Torrance - County Strip
Toluca Lake
Culver City
Venice
Torrance - North
Valley Village
Hancock Park - Wilshire
West Hollywood
Torrance - Southeast
Woodland Hills
Hollywood
West Los Angeles
Torrance - South
San Gabriel Valley Macro
Hollywood Hills East
Westchester
Torrance - West
Altadena
Laurel Canyon
Westwood - Century City
San Fernando Macro
Arcadia
Los Feliz
South Bay Macro
Burbank
Duarte
Malibu
El Segundo
Encino
Eagle Rock
Malibu Beach
Hermosa Beach
Glendale
La Canada Flintridge
Marina del Rey
Manhattan Beach
La Crescenta
Monrovia
Micro Market Report : September 2016
telesproperties.com
County: LOS ANGELES Area: 4,752 SQ MILES Founded: 1850
Pasadena San Gabriel San Marino Sierra Madre South Pasadena
Micro Market Report : September 2016
telesproperties.com
Los Angeles County DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$545,000
$560,000
$600,000
$579,000
6.2%
Average Price per Square Foot ...........................
$413
$439
$450
$433
4.8%
Properties Sold .......................................................
4350
3999
4800
4607
5.9%
Properties Pending Sale .......................................
4575
5241
5107
4703
2.8%
Properties For Sale ................................................
19,384
17,314
18,683
19,051
-1.7%
Days on Market (Pending Sale) ...........................
46
42
40
43
-6.5%
Month’s Supply of Inventory ................................
4.5
4.3
3.9
4.1
-7.2%
Percent Under Contract ........................................
23.6%
30.3%
27.3%
24.7%
4.6%
Average Median Price for Last 12 Months ........
$528,895
$588,833
$591,000
$564,135
6.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$545
OCT
$579,000
NOV DEC
MEDIAN SALES PRICE
JAN
$433
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$579 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Bel-Air Holmby Hills DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,175,000
$2,107,500
$3,030,000
$2,357,500
8.4%
Average Price per Square Foot ...........................
$808
$882
$1,134
$784
-3.0%
Properties Sold .......................................................
15
8
13
12
-20.0%
Properties Pending Sale .......................................
16
11
12
15
-6.2%
Properties For Sale ................................................
134
126
161
166
23.9%
Days on Market (Pending Sale) ...........................
74
37
49
70
-5.4%
Month’s Supply of Inventory ................................
8.9
15.8
12.4
13.8
54.9%
Percent Under Contract ........................................
11.9%
8.7%
7.5%
9.0%
-24.3%
Average Median Price for Last 12 Months ........
$2,146,979
$2,347,500
$2,376,667
$2,310,308
7.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.175
OCT
$2,357,500
NOV DEC
MEDIAN SALES PRICE
JAN
$784
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
13.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.357 M E 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 2016
telesproperties.com
Beverly Center - Miracle Mile DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,400,000
$1,425,500
$1,550,000
$2,100,000
50.0%
Average Price per Square Foot ...........................
$714
$717
$764
$733
2.7%
Properties Sold .......................................................
7
16
18
15
114.3%
Properties Pending Sale .......................................
9
22
21
12
33.3%
Properties For Sale ................................................
68
87
90
102
50.0%
Days on Market (Pending Sale) ...........................
54
27
46
30
-44.4%
Month’s Supply of Inventory ................................
9.7
5.4
5
6.8
-30.0%
Percent Under Contract ........................................
13.2%
25.3%
23.3%
11.8%
-11.1%
Average Median Price for Last 12 Months ........
$1,441,754
$1,562,083
$1,722,500
$1,499,750
3.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.400
OCT
$2,100,000
NOV DEC
MEDIAN SALES PRICE
JAN
$733
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.100 M E 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 2016
telesproperties.com
Beverly Hills DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$8,950,000
$3,995,000
$6,537,500
$2,973,500
-66.8%
Average Price per Square Foot ...........................
$1,625
$1,243
$1,376
$1,715
5.5%
Properties Sold .......................................................
11
15
14
7
-36.4%
Properties Pending Sale .......................................
10
10
22
14
40.0%
Properties For Sale ................................................
115
117
135
135
17.4%
Days on Market (Pending Sale) ...........................
83
82
54
81
-2.4%
Month’s Supply of Inventory ................................
10.5
7.8
9.6
19.3
84.5%
Percent Under Contract ........................................
8.7%
8.5%
16.3%
10.4%
19.3%
Average Median Price for Last 12 Months ........
$5,008,958
$4,498,667
$4,528,167
$4,950,106
-1.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $8.950
SEP OCT
$2,973,500
NOV DEC
MEDIAN SALES PRICE
JAN
$1,715
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
19.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.973 M E 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 2016
telesproperties.com
Beverly Hills- Post Office DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,025,000
$1,905,000
$2,307,500
$2,355,000
16.3%
Average Price per Square Foot ...........................
$1,072
$708
$749
$818
-23.7%
Properties Sold .......................................................
16
10
14
14
-12.5%
Properties Pending Sale .......................................
16
15
14
14
-12.5%
Properties For Sale ................................................
169
141
186
192
13.6%
Days on Market (Pending Sale) ...........................
102
59
63
83
-18.6%
Month’s Supply of Inventory ................................
10.6
14.1
13.3
13.7
29.8%
Percent Under Contract ........................................
9.5%
10.6%
7.5%
7.3%
-23.0%
Average Median Price for Last 12 Months ........
$2,536,417
$2,807,217
$3,268,600
$2,778,908
8.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.025
OCT
$2,355,000
NOV DEC
MEDIAN SALES PRICE
JAN
$818
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
13.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.355 M E 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 2016
telesproperties.com
Beverlywood DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,055,500
$1,330,088
$1,155,026
$1,231,250
16.7%
Average Price per Square Foot ...........................
$686
$637
$637
$660
-3.8%
Properties Sold .......................................................
16
18
23
30
87.5%
Properties Pending Sale .......................................
14
19
24
26
85.7%
Properties For Sale ................................................
66
66
85
74
12.1%
Days on Market (Pending Sale) ...........................
36
36
47
49
36.1%
Month’s Supply of Inventory ................................
4.1
3.7
3.7
2.5
-40.2%
Percent Under Contract ........................................
21.2%
28.8%
28.2%
35.1%
65.6%
Average Median Price for Last 12 Months ........
$995,469
$1,232,713
$1,250,417
$1,156,182
13.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.055
OCT
$1,231,250
NOV DEC
MEDIAN SALES PRICE
JAN
$660
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.231 M E 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 2016
telesproperties.com
Brentwood DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$3,492,500
$2,720,000
$2,895,000
$2,875,000
-17.7%
Average Price per Square Foot ...........................
$946
$894
$937
$900
-4.9%
Properties Sold .......................................................
14
15
23
25
78.6%
Properties Pending Sale .......................................
23
32
27
25
8.7%
Properties For Sale ................................................
150
156
166
155
3.3%
Days on Market (Pending Sale) ...........................
54
59
68
74
37.0%
Month’s Supply of Inventory ................................
10.7
10.4
7.2
6.2
-42.1%
Percent Under Contract ........................................
15.3%
20.5%
16.3%
16.1%
5.2%
Average Median Price for Last 12 Months ........
$2,798,916
$3,035,417
$3,031,667
$3,017,740
7.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$3.492
OCT
$2,875,000
NOV DEC
MEDIAN SALES PRICE
JAN
$900
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Cheviot Hills - Rancho Park DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,296,580
$1,697,500
$1,475,000
$1,350,000
-41.2%
Average Price per Square Foot ...........................
$799
$741
$792
$759
-5.0%
Properties Sold .......................................................
9
8
7
9
0.0%
Properties Pending Sale .......................................
3
8
11
6
100.0%
Properties For Sale ................................................
28
31
34
33
17.9%
Days on Market (Pending Sale) ...........................
29
46
60
44
51.7%
Month’s Supply of Inventory ................................
3.1
3.9
4.9
3.7
17.9%
Percent Under Contract ........................................
10.7%
25.8%
32.4%
18.2%
69.7%
Average Median Price for Last 12 Months ........
$1,709,673
$2,293,333
$2,388,333
$1,965,516
13.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.296
SEP OCT
$1,350,000
NOV DEC
MEDIAN SALES PRICE
JAN
$759
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.350 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Culver City DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,035,000
$1,098,000
$1,220,000
$1,200,000
15.9%
Average Price per Square Foot ...........................
$653
$678
$728
$748
14.5%
Properties Sold .......................................................
25
15
27
31
24.0%
Properties Pending Sale .......................................
20
22
33
20
0.0%
Properties For Sale ................................................
81
64
73
56
-30.9%
Days on Market (Pending Sale) ...........................
38
18
31
44
15.8%
Month’s Supply of Inventory ................................
3.2
4.3
2.7
1.8
-44.2%
Percent Under Contract ........................................
24.7%
34.4%
45.2%
35.7%
44.6%
Average Median Price for Last 12 Months ........
$971,909
$1,132,792
$1,105,917
$1,080,750
10.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.035
OCT
$1,200,000
NOV DEC
MEDIAN SALES PRICE
JAN
$748
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Downtown DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$320,000
$430,000
$430,000
$294,500
-8.0%
Average Price per Square Foot ...........................
$265
$300
$294
$261
-1.5%
Properties Sold .......................................................
15
3
10
8
-46.7%
Properties Pending Sale .......................................
9
15
5
14
55.6%
Properties For Sale ................................................
71
63
47
54
-23.9%
Days on Market (Pending Sale) ...........................
30
59
42
28
-6.7%
Month’s Supply of Inventory ................................
4.7
21
4.7
6.8
42.6%
Percent Under Contract ........................................
12.7%
23.8%
10.6%
25.9%
104.5%
Average Median Price for Last 12 Months ........
$280,760
$326,521
$314,833
$325,617
13.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$320
OCT
$294,500
NOV DEC
MEDIAN SALES PRICE
JAN
$261
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$294 M E 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 2016
telesproperties.com
Hancock Park - Wilshire DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,317,000
$1,800,000
$1,545,000
$1,507,125
14.4%
Average Price per Square Foot ...........................
$593
$726
$724
$647
9.1%
Properties Sold .......................................................
15
19
24
16
6.7%
Properties Pending Sale .......................................
23
27
31
26
13.0%
Properties For Sale ................................................
154
119
124
142
-7.8%
Days on Market (Pending Sale) ...........................
44
38
45
47
6.8%
Month’s Supply of Inventory ................................
10.3
6.3
5.2
8.9
-13.6%
Percent Under Contract ........................................
14.9%
22.7%
25.0%
18.3%
22.6%
Average Median Price for Last 12 Months ........
$1,330,083
$1,506,104
$1,438,208
$1,479,159
10.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.317
OCT
$1,507,125
NOV DEC
MEDIAN SALES PRICE
JAN
$647
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
8.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.507 M E 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 2016
telesproperties.com
Hollywood DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$690,000
$900,000
$899,000
$730,000
5.8%
Average Price per Square Foot ...........................
$511
$622
$546
$399
-21.9%
Properties Sold .......................................................
5
7
7
5
0.0%
Properties Pending Sale .......................................
1
4
3
8
700.0%
Properties For Sale ................................................
38
29
33
32
-15.8%
Days on Market (Pending Sale) ...........................
33
135
35
43
30.3%
Month’s Supply of Inventory ................................
7.6
4.1
4.7
6.4
-15.8%
Percent Under Contract ........................................
2.6%
13.8%
9.1%
25.0%
850.0%
Average Median Price for Last 12 Months ........
$818,947
$1,069,167
$825,667
$951,219
13.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$690
OCT
$730,000
NOV DEC
MEDIAN SALES PRICE
JAN
$399
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.4 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 2016
telesproperties.com
Hollywood Hills East DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,034,500
$1,125,000
$1,213,420
$1,543,750
49.2%
Average Price per Square Foot ...........................
$544
$598
$641
$670
23.2%
Properties Sold .......................................................
10
9
16
12
20.0%
Properties Pending Sale .......................................
13
13
9
15
15.4%
Properties For Sale ................................................
78
67
55
94
20.5%
Days on Market (Pending Sale) ...........................
53
40
40
34
-35.8%
Month’s Supply of Inventory ................................
6
5.2
6.1
7.8
30.6%
Percent Under Contract ........................................
16.7%
19.4%
16.4%
16.0%
-4.3%
Average Median Price for Last 12 Months ........
$1,200,538
$1,621,542
$1,905,083
$1,385,413
13.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.034
OCT
$1,543,750
NOV DEC
MEDIAN SALES PRICE
JAN
$670
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.543 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Laurel Canyon DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,230,000
$1,550,000
$1,548,500
$1,450,000
17.9%
Average Price per Square Foot ...........................
$730
$726
$840
$712
-2.5%
Properties Sold .......................................................
20
33
21
23
15.0%
Properties Pending Sale .......................................
21
18
28
24
14.3%
Properties For Sale ................................................
149
131
171
195
30.9%
Days on Market (Pending Sale) ...........................
74
37
58
58
-21.6%
Month’s Supply of Inventory ................................
7.1
7.3
6.1
8.1
14.5%
Percent Under Contract ........................................
14.1%
13.7%
16.4%
12.3%
-12.7%
Average Median Price for Last 12 Months ........
$1,447,098
$1,553,714
$1,603,762
$1,502,603
3.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.230
OCT
$1,450,000
NOV DEC
MEDIAN SALES PRICE
JAN
$712
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
8.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Los Feliz DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,285,000
$2,029,250
$1,378,000
$1,695,000
31.9%
Average Price per Square Foot ...........................
$640
$703
$728
$672
5.0%
Properties Sold .......................................................
19
21
24
16
-15.8%
Properties Pending Sale .......................................
18
22
22
17
-5.6%
Properties For Sale ................................................
105
76
87
87
-17.1%
Days on Market (Pending Sale) ...........................
55
52
31
55
0.0%
Month’s Supply of Inventory ................................
5.8
3.5
4
5.4
-6.8%
Percent Under Contract ........................................
17.1%
28.9%
25.3%
19.5%
14.0%
Average Median Price for Last 12 Months ........
$1,400,079
$1,505,500
$1,548,333
$1,556,473
10.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.285
OCT
$1,695,000
NOV DEC
MEDIAN SALES PRICE
JAN
$672
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.695 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Malibu DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,584,582
$2,400,000
$2,900,000
$2,770,000
7.2%
Average Price per Square Foot ...........................
$835
$738
$960
$820
-1.8%
Properties Sold .......................................................
16
17
13
21
31.2%
Properties Pending Sale .......................................
9
21
11
25
177.8%
Properties For Sale ................................................
242
211
221
222
-8.3%
Days on Market (Pending Sale) ...........................
168
76
69
106
-36.9%
Month’s Supply of Inventory ................................
15.1
12.4
17
10.6
-30.1%
Percent Under Contract ........................................
3.7%
10.0%
5.0%
11.3%
202.8%
Average Median Price for Last 12 Months ........
$2,275,507
$2,505,833
$2,400,000
$2,390,318
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.584
OCT
$2,770,000
NOV DEC
MEDIAN SALES PRICE
JAN
$820
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
10.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Malibu Beach DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$7,875,000
$7,300,000
$5,600,000
$5,400,000
-31.4%
Average Price per Square Foot ...........................
$2,776
$2,515
$3,242
$2,192
-21.0%
Properties Sold .......................................................
4
5
5
9
125.0%
Properties Pending Sale .......................................
7
3
6
3
-57.1%
Properties For Sale ................................................
84
81
98
90
7.1%
Days on Market (Pending Sale) ...........................
182
236
74
267
46.7%
Month’s Supply of Inventory ................................
21
16.2
19.6
10
-52.4%
Percent Under Contract ........................................
8.3%
3.7%
6.1%
3.3%
-60.0%
Average Median Price for Last 12 Months ........
$6,153,333
$5,943,167
$4,670,500
$6,962,615
11.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $7.875
SEP OCT
$5,400,000
NOV DEC
MEDIAN SALES PRICE
JAN
$2,192
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
10 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$5.400 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 2016
telesproperties.com
Marina Del Rey DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,546,750
$850,000
$1,302,500
$1,600,000
3.4%
Average Price per Square Foot ...........................
$792
$799
$756
$904
14.1%
Properties Sold .......................................................
6
3
8
2
-66.7%
Properties Pending Sale .......................................
3
7
3
3
0.0%
Properties For Sale ................................................
28
33
34
26
-7.1%
Days on Market (Pending Sale) ...........................
54
35
66
66
22.2%
Month’s Supply of Inventory ................................
4.7
11
4.2
13
178.6%
Percent Under Contract ........................................
10.7%
21.2%
8.8%
11.5%
7.7%
Average Median Price for Last 12 Months ........
$1,513,007
$1,572,500
$2,025,833
$1,540,365
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.546
OCT
$1,600,000
NOV DEC
MEDIAN SALES PRICE
JAN
$904
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
13 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Mid Los Angeles DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$568,500
$519,500
$550,688
$577,535
1.6%
Average Price per Square Foot ...........................
$345
$398
$360
$429
24.3%
Properties Sold .......................................................
36
32
44
30
-16.7%
Properties Pending Sale .......................................
36
43
46
40
11.1%
Properties For Sale ................................................
156
135
140
135
-13.5%
Days on Market (Pending Sale) ...........................
46
56
38
42
-8.7%
Month’s Supply of Inventory ................................
4.3
4.2
3.2
4.5
3.8%
Percent Under Contract ........................................
23.1%
31.9%
32.9%
29.6%
28.4%
Average Median Price for Last 12 Months ........
$492,063
$622,454
$637,512
$578,521
14.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$568
OCT
$577,535
NOV DEC
MEDIAN SALES PRICE
JAN
$429
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$577 M E 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 2016
telesproperties.com
Mid Wilshire DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$988,000
$737,500
$755,000
$877,000
-11.2%
Average Price per Square Foot ...........................
$443
$452
$383
$510
15.1%
Properties Sold .......................................................
2
4
2
5
150.0%
Properties Pending Sale .......................................
3
5
5
5
66.7%
Properties For Sale ................................................
37
24
17
24
-35.1%
Days on Market (Pending Sale) ...........................
84
109
40
19
-77.4%
Month’s Supply of Inventory ................................
18.5
6
8.5
4.8
-74.1%
Percent Under Contract ........................................
8.1%
20.8%
29.4%
20.8%
156.9%
Average Median Price for Last 12 Months ........
$712,150
$809,250
$868,833
$794,000
10.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$988
OCT
$877,000
NOV DEC
MEDIAN SALES PRICE
JAN
$510
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$877 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Pacific Palisades DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,842,500
$2,757,000
$2,715,000
$2,800,180
-1.5%
Average Price per Square Foot ...........................
$1,024
$931
$986
$1,057
3.2%
Properties Sold .......................................................
22
24
31
21
-4.5%
Properties Pending Sale .......................................
21
20
27
15
-28.6%
Properties For Sale ................................................
144
130
157
147
2.1%
Days on Market (Pending Sale) ...........................
65
58
45
68
4.6%
Month’s Supply of Inventory ................................
6.5
5.4
5.1
7
6.9%
Percent Under Contract ........................................
14.6%
15.4%
17.2%
10.2%
-30.0%
Average Median Price for Last 12 Months ........
$2,680,533
$2,579,947
$2,708,393
$2,712,658
1.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.842
OCT
$2,800,180
NOV DEC
MEDIAN SALES PRICE
JAN
$1,057
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Palms - Mar Vista DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,225,000
$1,300,000
$1,175,000
$1,493,500
21.9%
Average Price per Square Foot ...........................
$725
$777
$783
$811
11.9%
Properties Sold .......................................................
25
31
35
31
24.0%
Properties Pending Sale .......................................
23
38
25
26
13.0%
Properties For Sale ................................................
84
86
86
97
15.5%
Days on Market (Pending Sale) ...........................
29
39
32
39
34.5%
Month’s Supply of Inventory ................................
3.4
2.8
2.5
3.1
-6.9%
Percent Under Contract ........................................
27.4%
44.2%
29.1%
26.8%
-2.1%
Average Median Price for Last 12 Months ........
$1,159,585
$1,335,421
$1,409,333
$1,294,963
10.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.225
OCT
$1,493,500
NOV DEC
MEDIAN SALES PRICE
JAN
$811
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.493 M E 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 2016
telesproperties.com
Playa Del Rey DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,450,500
$1,850,000
$1,165,000
$1,677,250
15.6%
Average Price per Square Foot ...........................
$540
$681
$628
$633
17.2%
Properties Sold .......................................................
4
4
5
2
-50.0%
Properties Pending Sale .......................................
4
5
4
4
0.0%
Properties For Sale ................................................
15
13
16
20
33.3%
Days on Market (Pending Sale) ...........................
58
60
38
50
-13.8%
Month’s Supply of Inventory ................................
3.8
3.2
3.2
10
166.7%
Percent Under Contract ........................................
26.7%
38.5%
25.0%
20.0%
-25.0%
Average Median Price for Last 12 Months ........
$1,707,542
$1,602,833
$1,567,250
$1,550,425
-10.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.450
OCT
$1,677,250
NOV DEC
MEDIAN SALES PRICE
JAN
$633
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
10 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.677 M E 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 2016
telesproperties.com
Playa Vista DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,450,000
$0
$1,749,000
$1,900,000
31.0%
Average Price per Square Foot ...........................
$518
$0
$652
$776
49.8%
Properties Sold .......................................................
2
0
1
1
-50.0%
Properties Pending Sale .......................................
0
0
0
2
n/a
Properties For Sale ................................................
2
7
9
14
600.0%
Days on Market (Pending Sale) ...........................
108
0
13
114
5.6%
Month’s Supply of Inventory ................................
1
n/a
9
0.1
-85.7%
Percent Under Contract ........................................
0.0%
0.0%
0.0%
14.3%
n/a
Average Median Price for Last 12 Months ........
$1,657,667
$1,802,250
$1,904,625
$1,914,844
15.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.450
OCT
$1,900,000
NOV DEC
MEDIAN SALES PRICE
JAN
$776
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
0.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Santa Monica DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,505,000
$2,995,000
$1,795,000
$1,936,944
28.7%
Average Price per Square Foot ...........................
$1,049
$937
$1,044
$1,073
2.3%
Properties Sold .......................................................
11
23
25
20
81.8%
Properties Pending Sale .......................................
12
26
23
20
66.7%
Properties For Sale ................................................
106
102
96
93
-12.3%
Days on Market (Pending Sale) ...........................
23
44
45
48
108.7%
Month’s Supply of Inventory ................................
9.6
4.4
3.8
4.6
-51.7%
Percent Under Contract ........................................
11.3%
25.5%
24.0%
21.5%
90.0%
Average Median Price for Last 12 Months ........
$2,287,469
$2,363,657
$2,495,648
$2,485,589
8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.505
OCT
$1,936,944
NOV DEC
MEDIAN SALES PRICE
JAN
$1,073
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.936 M E 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 2016
telesproperties.com
Sunset Strip - Hollywood Hills West DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,495,000
$1,675,000
$1,813,500
$1,538,500
2.9%
Average Price per Square Foot ...........................
$703
$970
$976
$839
19.3%
Properties Sold .......................................................
33
54
34
44
33.3%
Properties Pending Sale .......................................
33
45
35
29
-12.1%
Properties For Sale ................................................
337
280
343
344
2.1%
Days on Market (Pending Sale) ...........................
79
54
78
58
-26.6%
Month’s Supply of Inventory ................................
10.2
5.2
10.1
7.8
-23.4%
Percent Under Contract ........................................
9.8%
16.1%
10.2%
8.4%
-13.9%
Average Median Price for Last 12 Months ........
$1,724,081
$1,767,750
$1,788,500
$1,745,000
1.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.495
OCT
$1,538,500
NOV DEC
MEDIAN SALES PRICE
JAN
$839
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.538 M E 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 2016
telesproperties.com
Venice DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,650,000
$1,900,000
$1,812,500
$1,867,500
13.2%
Average Price per Square Foot ...........................
$1,038
$1,079
$1,204
$1,221
17.6%
Properties Sold .......................................................
19
17
22
20
5.3%
Properties Pending Sale .......................................
15
18
19
19
26.7%
Properties For Sale ................................................
95
91
103
119
25.3%
Days on Market (Pending Sale) ...........................
43
39
56
48
11.6%
Month’s Supply of Inventory ................................
5
5.4
4.7
6
19.0%
Percent Under Contract ........................................
15.8%
19.8%
18.4%
16.0%
1.1%
Average Median Price for Last 12 Months ........
$1,736,164
$1,834,901
$1,821,105
$1,808,685
4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.650
OCT
$1,867,500
NOV DEC
MEDIAN SALES PRICE
JAN
$1,221
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.867 M E 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 2016
telesproperties.com
West Hollywood DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,325,000
$1,548,750
$1,460,000
$1,500,000
13.2%
Average Price per Square Foot ...........................
$904
$786
$914
$797
-11.8%
Properties Sold .......................................................
11
10
11
9
-18.2%
Properties Pending Sale .......................................
12
11
18
13
8.3%
Properties For Sale ................................................
61
49
68
85
39.3%
Days on Market (Pending Sale) ...........................
52
31
48
45
-13.5%
Month’s Supply of Inventory ................................
5.5
4.9
6.2
9.4
70.3%
Percent Under Contract ........................................
19.7%
22.4%
26.5%
15.3%
-22.3%
Average Median Price for Last 12 Months ........
$1,432,458
$1,496,250
$1,514,167
$1,510,002
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.325
OCT
$1,500,000
NOV DEC
MEDIAN SALES PRICE
JAN
$797
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
West Los Angeles DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,068,750
$910,000
$1,221,500
$835,000
-21.9%
Average Price per Square Foot ...........................
$662
$857
$673
$690
4.2%
Properties Sold .......................................................
8
9
16
13
62.5%
Properties Pending Sale .......................................
9
14
6
11
22.2%
Properties For Sale ................................................
41
45
38
51
24.4%
Days on Market (Pending Sale) ...........................
66
27
79
33
-50.0%
Month’s Supply of Inventory ................................
5.1
5
2.4
3.9
-23.5%
Percent Under Contract ........................................
22.0%
31.1%
15.8%
21.6%
-1.7%
Average Median Price for Last 12 Months ........
$879,544
$1,072,000
$962,833
$1,049,365
19.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.068
SEP OCT
$835,000
NOV DEC
MEDIAN SALES PRICE
JAN
$690
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$835 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Westchester DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$912,000
$958,750
$1,043,700
$1,000,000
9.6%
Average Price per Square Foot ...........................
$581
$612
$635
$631
8.6%
Properties Sold .......................................................
21
20
33
29
38.1%
Properties Pending Sale .......................................
21
26
31
28
33.3%
Properties For Sale ................................................
72
63
78
109
51.4%
Days on Market (Pending Sale) ...........................
42
47
34
35
-16.7%
Month’s Supply of Inventory ................................
3.4
3.2
2.4
3.8
9.6%
Percent Under Contract ........................................
29.2%
41.3%
39.7%
25.7%
-11.9%
Average Median Price for Last 12 Months ........
$884,869
$1,081,117
$1,093,750
$1,012,856
14.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$912
OCT
$1,000,000
NOV DEC
MEDIAN SALES PRICE
JAN
$631
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.000 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 2016
telesproperties.com
Westwood - Century City DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,100,000
$1,616,000
$2,814,000
$2,075,000
-1.2%
Average Price per Square Foot ...........................
$767
$903
$939
$943
22.9%
Properties Sold .......................................................
15
20
17
13
-13.3%
Properties Pending Sale .......................................
12
22
16
24
100.0%
Properties For Sale ................................................
73
78
71
80
9.6%
Days on Market (Pending Sale) ...........................
41
30
44
48
17.1%
Month’s Supply of Inventory ................................
4.9
3.9
4.2
6.2
26.4%
Percent Under Contract ........................................
16.4%
28.2%
22.5%
30.0%
82.5%
Average Median Price for Last 12 Months ........
$1,703,219
$2,004,355
$1,738,167
$1,871,970
9.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.100
OCT
$2,075,000
NOV DEC
MEDIAN SALES PRICE
JAN
$943
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.075 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
South Bay Macro Market DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,109,943
$1,374,158
$1,435,667
$1,136,500
2.4%
Average Price per Square Foot ...........................
$601
$622
$619
$551
-8.3%
Properties Sold .......................................................
251
250
279
247
-1.6%
Properties Pending Sale .......................................
256
280
306
240
-6.2%
Properties For Sale ................................................
999
906
1,121
973
-2.6%
Days on Market (Pending Sale) ...........................
49
37
49
41
-15.3%
Month’s Supply of Inventory ................................
4
3.6
4
3.9
-1.0%
Percent Under Contract ........................................
25.6%
30.9%
27.3%
24.7%
-3.7%
Average Median Price for Last 12 Months ........
$1,198,090
$1,239,880
$1,185,131
$1,278,300
6.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.109
OCT
$1,136,500
NOV DEC
MEDIAN SALES PRICE
JAN
$551
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.136 M E 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 2016
telesproperties.com
El Segundo DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,050,000
$1,249,338
$1,220,000
$1,337,500
27.4%
Average Price per Square Foot ...........................
$582
$641
$620
$493
-15.3%
Properties Sold .......................................................
6
6
13
6
0.0%
Properties Pending Sale .......................................
6
8
10
4
-33.3%
Properties For Sale ................................................
21
26
32
27
28.6%
Days on Market (Pending Sale) ...........................
52
23
47
60
15.4%
Month’s Supply of Inventory ................................
3.5
4.3
2.5
4.5
28.6%
Percent Under Contract ........................................
28.6%
30.8%
31.2%
14.8%
-48.1%
Average Median Price for Last 12 Months ........
$1,027,708
$1,295,833
$1,325,833
$1,242,808
20.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.050
OCT
$1,337,500
NOV DEC
MEDIAN SALES PRICE
JAN
$493
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.337 M E 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 2016
telesproperties.com
Hermosa Beach DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,787,000
$1,368,125
$1,388,750
$1,550,000
-13.3%
Average Price per Square Foot ...........................
$1,419
$1,134
$927
$780
-45.0%
Properties Sold .......................................................
7
10
14
11
57.1%
Properties Pending Sale .......................................
11
13
16
8
-27.3%
Properties For Sale ................................................
41
46
69
49
19.5%
Days on Market (Pending Sale) ...........................
50
28
32
73
46.0%
Month’s Supply of Inventory ................................
5.9
4.6
4.9
4.5
-23.9%
Percent Under Contract ........................................
26.8%
28.3%
23.2%
16.3%
-39.1%
Average Median Price for Last 12 Months ........
$1,689,246
$1,627,292
$1,666,833
$1,769,740
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.787
OCT
$1,550,000
NOV DEC
MEDIAN SALES PRICE
JAN
$780
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.550 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Manhattan Beach DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,075,000
$2,572,500
$2,100,000
$2,200,000
6.0%
Average Price per Square Foot ...........................
$1,031
$1,053
$968
$850
-17.6%
Properties Sold .......................................................
32
30
32
34
6.2%
Properties Pending Sale .......................................
31
39
32
41
32.3%
Properties For Sale ................................................
108
138
169
157
45.4%
Days on Market (Pending Sale) ...........................
34
33
41
41
20.6%
Month’s Supply of Inventory ................................
3.4
4.6
5.3
4.6
36.8%
Percent Under Contract ........................................
28.7%
28.3%
18.9%
26.1%
-9.0%
Average Median Price for Last 12 Months ........
$2,106,250
$2,262,833
$2,204,000
$2,190,962
4.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.075
OCT
$2,200,000
NOV DEC
MEDIAN SALES PRICE
JAN
$850
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Palos Verdes Estates DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,661,700
$1,600,000
$1,934,000
$1,925,500
15.9%
Average Price per Square Foot ...........................
$674
$689
$951
$674
0.0%
Properties Sold .......................................................
17
15
12
8
-52.9%
Properties Pending Sale .......................................
12
13
15
18
50.0%
Properties For Sale ................................................
78
87
99
94
20.5%
Days on Market (Pending Sale) ...........................
47
27
92
85
80.9%
Month’s Supply of Inventory ................................
4.6
5.8
8.2
11.8
156.1%
Percent Under Contract ........................................
15.4%
14.9%
15.2%
19.1%
24.5%
Average Median Price for Last 12 Months ........
$1,720,538
$1,969,292
$2,128,833
$1,792,188
4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.661
OCT
$1,925,500
NOV DEC
MEDIAN SALES PRICE
JAN
$674
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
11.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.925 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Rancho Palos Verdes DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,194,000
$1,315,000
$1,295,000
$1,284,000
7.5%
Average Price per Square Foot ...........................
$501
$554
$547
$535
6.8%
Properties Sold .......................................................
35
37
55
22
-37.1%
Properties Pending Sale .......................................
32
40
36
35
9.4%
Properties For Sale ................................................
181
141
175
166
-8.3%
Days on Market (Pending Sale) ...........................
53
43
41
54
1.9%
Month’s Supply of Inventory ................................
5.2
3.8
3.2
7.5
45.9%
Percent Under Contract ........................................
17.7%
28.4%
20.6%
21.1%
19.3%
Average Median Price for Last 12 Months ........
$1,172,208
$1,245,625
$1,258,750
$1,234,872
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.194
OCT
$1,284,000
NOV DEC
MEDIAN SALES PRICE
JAN
$535
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.284 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Redondo Beach- North DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$930,000
$863,250
$890,000
$927,000
-0.3%
Average Price per Square Foot ...........................
$570
$540
$563
$530
-7.0%
Properties Sold .......................................................
22
18
11
17
-22.7%
Properties Pending Sale .......................................
15
28
25
18
20.0%
Properties For Sale ................................................
48
47
51
44
-8.3%
Days on Market (Pending Sale) ...........................
38
51
33
41
7.9%
Month’s Supply of Inventory ................................
2.2
2.6
4.6
2.6
18.6%
Percent Under Contract ........................................
31.2%
59.6%
49.0%
40.9%
30.9%
Average Median Price for Last 12 Months ........
$858,548
$950,417
$987,333
$898,365
4.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$930
OCT
$927,000
NOV DEC
MEDIAN SALES PRICE
JAN
$530
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$927 M E 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 2016
telesproperties.com
Redondo Beach- South DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,278,000
$1,825,000
$1,300,000
$1,230,000
-3.8%
Average Price per Square Foot ...........................
$640
$632
$749
$656
2.5%
Properties Sold .......................................................
14
13
27
13
-7.1%
Properties Pending Sale .......................................
24
16
18
8
-66.7%
Properties For Sale ................................................
65
45
56
48
-26.2%
Days on Market (Pending Sale) ...........................
34
33
60
31
-8.8%
Month’s Supply of Inventory ................................
4.6
3.5
2.1
3.7
-20.5%
Percent Under Contract ........................................
36.9%
35.6%
32.1%
16.7%
-54.9%
Average Median Price for Last 12 Months ........
$1,186,375
$1,297,917
$1,283,833
$1,301,212
9.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.278
OCT
$1,230,000
NOV DEC
MEDIAN SALES PRICE
JAN
$656
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.230 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Rolling Hills DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$0
$4,347,150
$5,462,500
$0
n/a
Average Price per Square Foot ...........................
$0
$983
$772
$0
n/a
Properties Sold .......................................................
0
2
4
0
n/a
Properties Pending Sale .......................................
4
3
0
1
-75.0%
Properties For Sale ................................................
28
25
28
32
14.3%
Days on Market (Pending Sale) ...........................
86
52
134
11
-87.2%
Month’s Supply of Inventory ................................
n/a
12.5
7
n/a
n/a
Percent Under Contract ........................................
14.3%
12.0%
0.0%
3.1%
-78.1%
Average Median Price for Last 12 Months ........
$3,067,961
$2,965,625
$1,650,000
$3,152,683
2.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro 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
n/a 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 2016
telesproperties.com
Rolling Hills Estates DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,725,000
$1,425,000
$1,772,500
$1,365,000
-20.9%
Average Price per Square Foot ...........................
$551
$616
$588
$631
14.5%
Properties Sold .......................................................
8
4
7
7
-12.5%
Properties Pending Sale .......................................
6
12
9
5
-16.7%
Properties For Sale ................................................
26
29
42
35
34.6%
Days on Market (Pending Sale) ...........................
66
29
30
56
-15.2%
Month’s Supply of Inventory ................................
3.2
7.2
6
5
53.8%
Percent Under Contract ........................................
23.1%
41.4%
21.4%
14.3%
-38.1%
Average Median Price for Last 12 Months ........
$1,491,107
$1,500,559
$1,506,951
$1,596,527
7.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.725
OCT
$1,365,000
NOV DEC
MEDIAN SALES PRICE
JAN
$631
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.365 M E 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 2016
telesproperties.com
San Pedro DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$515,000
$610,000
$618,750
$605,000
17.5%
Average Price per Square Foot ...........................
$389
$359
$393
$392
0.8%
Properties Sold .......................................................
35
44
30
41
17.1%
Properties Pending Sale .......................................
32
29
42
37
15.6%
Properties For Sale ................................................
142
113
141
140
-1.4%
Days on Market (Pending Sale) ...........................
55
60
37
36
-34.5%
Month’s Supply of Inventory ................................
4.1
2.6
4.7
3.4
-15.8%
Percent Under Contract ........................................
22.5%
25.7%
29.8%
26.4%
17.3%
Average Median Price for Last 12 Months ........
$532,646
$610,283
$613,500
$593,655
11.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$515
OCT
$605,000
NOV DEC
MEDIAN SALES PRICE
JAN
$392
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.4 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 2016
telesproperties.com
Torrance- County Strip DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$489,000
$475,000
$510,000
$509,500
4.2%
Average Price per Square Foot ...........................
$343
$321
$386
$361
5.2%
Properties Sold .......................................................
7
5
3
8
14.3%
Properties Pending Sale .......................................
7
8
10
5
-28.6%
Properties For Sale ................................................
19
25
27
19
0.0%
Days on Market (Pending Sale) ...........................
39
39
40
17
-56.4%
Month’s Supply of Inventory ................................
2.7
5
9
2.4
-12.5%
Percent Under Contract ........................................
36.8%
32.0%
37.0%
26.3%
-28.6%
Average Median Price for Last 12 Months ........
$464,104
$508,083
$529,833
$494,981
6.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$489
OCT
$509,500
NOV DEC
MEDIAN SALES PRICE
JAN
$361
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$509 M E 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 2016
telesproperties.com
Torrance- North DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$625,000
$625,000
$616,000
$630,000
0.8%
Average Price per Square Foot ...........................
$403
$429
$452
$429
6.5%
Properties Sold .......................................................
21
17
15
20
-4.8%
Properties Pending Sale .......................................
21
20
26
17
-19.0%
Properties For Sale ................................................
68
44
57
53
-22.1%
Days on Market (Pending Sale) ...........................
44
56
17
25
-43.2%
Month’s Supply of Inventory ................................
3.2
2.6
3.8
2.6
-18.2%
Percent Under Contract ........................................
30.9%
45.5%
45.6%
32.1%
3.9%
Average Median Price for Last 12 Months ........
$460,979
$621,833
$628,333
$613,537
33.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$625
OCT
$630,000
NOV DEC
MEDIAN SALES PRICE
JAN
$429
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$630 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Torrance- South DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$922,000
$889,000
$850,000
$902,500
-2.1%
Average Price per Square Foot ...........................
$455
$476
$494
$503
10.5%
Properties Sold .......................................................
22
17
21
26
18.2%
Properties Pending Sale .......................................
20
21
27
20
0.0%
Properties For Sale ................................................
78
48
64
52
-33.3%
Days on Market (Pending Sale) ...........................
40
39
30
27
-32.5%
Month’s Supply of Inventory ................................
3.5
2.8
3
2
-43.6%
Percent Under Contract ........................................
25.6%
43.8%
42.2%
38.5%
50.0%
Average Median Price for Last 12 Months ........
$838,720
$881,017
$884,333
$865,893
3.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$922
OCT
$902,500
NOV DEC
MEDIAN SALES PRICE
JAN
$503
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$902 M E 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 2016
telesproperties.com
Torrance- Southeast DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$502,500
$620,000
$725,000
$620,000
23.4%
Average Price per Square Foot ...........................
$366
$440
$379
$404
10.4%
Properties Sold .......................................................
12
17
19
19
58.3%
Properties Pending Sale .......................................
18
11
16
7
-61.1%
Properties For Sale ................................................
56
51
63
26
-53.6%
Days on Market (Pending Sale) ...........................
56
15
51
36
-35.7%
Month’s Supply of Inventory ................................
4.7
3
3.3
1.4
-70.7%
Percent Under Contract ........................................
32.1%
21.6%
25.4%
26.9%
-16.2%
Average Median Price for Last 12 Months ........
$588,965
$624,958
$595,250
$613,538
4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$502
OCT
$620,000
NOV DEC
MEDIAN SALES PRICE
JAN
$404
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$620 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Torrance- West DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$785,000
$828,000
$852,500
$825,000
5.1%
Average Price per Square Foot ...........................
$494
$459
$490
$480
-2.8%
Properties Sold .......................................................
13
15
16
15
15.4%
Properties Pending Sale .......................................
17
19
24
16
-5.9%
Properties For Sale ................................................
40
41
48
31
-22.5%
Days on Market (Pending Sale) ...........................
37
27
44
26
-29.7%
Month’s Supply of Inventory ................................
3.1
2.7
3
2.1
-32.8%
Percent Under Contract ........................................
42.5%
46.3%
50.0%
51.6%
21.4%
Average Median Price for Last 12 Months ........
$765,992
$829,000
$821,000
$813,538
6.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$785
OCT
$825,000
NOV DEC
MEDIAN SALES PRICE
JAN
$480
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.1 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 2016
telesproperties.com
San Fernando Valley Macro Market DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$800,500
$945,929
$832,286
$854,214
6.7%
Average Price per Square Foot ...........................
$410
$423
$467
$440
7.4%
Properties Sold .......................................................
31
29
38
35
10.0%
Properties Pending Sale .......................................
35
38
38
37
5.7%
Properties For Sale ................................................
81
65
84
84
4.2%
Days on Market (Pending Sale) ...........................
60
58
51
53
-11.4%
Month’s Supply of Inventory ................................
2.6
2.2
2.2
2.4
-5.3%
Percent Under Contract ........................................
43.1%
59.0%
45.2%
43.8%
1.5%
Average Median Price for Last 12 Months ........
$800,373
$893,583
$928,714
$862,874
7.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$800
OCT
$854,214
NOV DEC
MEDIAN SALES PRICE
JAN
$440
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$854 M E 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 2016
telesproperties.com
Burbank DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$676,000
$701,000
$740,000
$771,000
14.1%
Average Price per Square Foot ...........................
$448
$477
$490
$485
8.3%
Properties Sold .......................................................
44
50
63
64
45.5%
Properties Pending Sale .......................................
60
50
59
58
-3.3%
Properties For Sale ................................................
97
84
101
103
6.2%
Days on Market (Pending Sale) ...........................
51
50
50
59
15.7%
Month’s Supply of Inventory ................................
2.2
1.7
1.6
1.6
-27.0%
Percent Under Contract ........................................
61.9%
59.5%
58.4%
56.3%
-9.0%
Average Median Price for Last 12 Months ........
$674,083
$743,167
$757,000
$729,154
8.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$676
OCT
$771,000
NOV DEC
MEDIAN SALES PRICE
JAN
$485
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.6 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 2016
telesproperties.com
Encino DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,250,000
$1,310,000
$1,212,000
$1,033,000
-17.4%
Average Price per Square Foot ...........................
$451
$484
$506
$498
10.4%
Properties Sold .......................................................
35
37
49
34
-2.9%
Properties Pending Sale .......................................
41
44
52
46
12.2%
Properties For Sale ................................................
121
120
132
127
5.0%
Days on Market (Pending Sale) ...........................
60
62
63
53
-11.7%
Month’s Supply of Inventory ................................
3.5
3.2
2.7
3.7
8.0%
Percent Under Contract ........................................
33.9%
36.7%
39.4%
36.2%
6.9%
Average Median Price for Last 12 Months ........
$1,149,063
$1,243,333
$1,227,667
$1,177,000
2.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.250
OCT
$1,033,000
NOV DEC
MEDIAN SALES PRICE
JAN
$498
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.033 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Glendale DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$850,000
$820,000
$837,000
$859,000
1.1%
Average Price per Square Foot ...........................
$438
$455
$476
$432
-1.4%
Properties Sold .......................................................
53
56
60
59
11.3%
Properties Pending Sale .......................................
61
63
60
67
9.8%
Properties For Sale ................................................
117
98
128
118
0.9%
Days on Market (Pending Sale) ...........................
39
52
38
42
7.7%
Month’s Supply of Inventory ................................
2.2
1.8
2.1
2
-9.4%
Percent Under Contract ........................................
52.1%
64.3%
46.9%
56.8%
8.9%
Average Median Price for Last 12 Months ........
$776,000
$860,667
$871,000
$830,615
7.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$850
OCT
$859,000
NOV DEC
MEDIAN SALES PRICE
JAN
$432
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$859 M E 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 2016
telesproperties.com
La Crescenta DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$842,000
$823,000
$816,000
$765,000
-9.1%
Average Price per Square Foot ...........................
$440
$458
$493
$490
11.4%
Properties Sold .......................................................
16
14
19
33
106.2%
Properties Pending Sale .......................................
20
13
25
24
20.0%
Properties For Sale ................................................
31
26
33
32
3.2%
Days on Market (Pending Sale) ...........................
52
36
46
47
-9.6%
Month’s Supply of Inventory ................................
1.9
1.9
1.7
1
-50.0%
Percent Under Contract ........................................
64.5%
50.0%
75.8%
75.0%
16.2%
Average Median Price for Last 12 Months ........
$738,417
$813,000
$830,333
$790,923
7.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$842
OCT
$765,000
NOV DEC
MEDIAN SALES PRICE
JAN
$490
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1 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 2016
telesproperties.com
North Hollywood DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$519,000
$527,000
$505,000
$520,000
0.2%
Average Price per Square Foot ...........................
$366
$362
$391
$352
-3.8%
Properties Sold .......................................................
30
37
38
29
-3.3%
Properties Pending Sale .......................................
38
47
42
36
-5.3%
Properties For Sale ................................................
82
47
49
65
-20.7%
Days on Market (Pending Sale) ...........................
35
55
60
46
31.4%
Month’s Supply of Inventory ................................
2.7
1.3
1.3
2.2
-18.0%
Percent Under Contract ........................................
46.3%
100.0%
85.7%
55.4%
19.5%
Average Median Price for Last 12 Months ........
$471,292
$513,667
$516,667
$513,385
8.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$519
OCT
$520,000
NOV DEC
MEDIAN SALES PRICE
JAN
$352
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.2 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 2016
telesproperties.com
Shadow Hills DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$644,000
$1,352,000
$653,000
$758,000
17.7%
Average Price per Square Foot ...........................
$314
$273
$395
$318
1.3%
Properties Sold .......................................................
6
4
4
4
-33.3%
Properties Pending Sale .......................................
3
4
4
3
0.0%
Properties For Sale ................................................
13
7
17
14
7.7%
Days on Market (Pending Sale) ...........................
121
68
38
80
-33.9%
Month’s Supply of Inventory ................................
2.2
1.8
4.2
3.5
61.5%
Percent Under Contract ........................................
23.1%
57.1%
23.5%
21.4%
-7.1%
Average Median Price for Last 12 Months ........
$794,636
$694,000
$716,000
$730,692
-8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$644
OCT
$758,000
NOV DEC
MEDIAN SALES PRICE
JAN
$318
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$758 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Sherman Oaks DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$884,000
$1,125,000
$1,100,000
$1,304,000
47.5%
Average Price per Square Foot ...........................
$480
$523
$528
$520
8.3%
Properties Sold .......................................................
54
54
65
56
3.7%
Properties Pending Sale .......................................
55
65
60
69
25.5%
Properties For Sale ................................................
155
137
161
158
1.9%
Days on Market (Pending Sale) ...........................
55
57
50
60
9.1%
Month’s Supply of Inventory ................................
2.9
2.5
2.5
2.8
-1.7%
Percent Under Contract ........................................
35.5%
47.4%
37.3%
43.7%
23.1%
Average Median Price for Last 12 Months ........
$946,771
$1,171,333
$1,206,667
$1,069,231
12.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$884
OCT
$1,304,000
NOV DEC
MEDIAN SALES PRICE
JAN
$520
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.304 M E 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 2016
telesproperties.com
Studio City DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,460,000
$1,480,000
$1,265,000
$1,550,000
6.2%
Average Price per Square Foot ...........................
$593
$514
$589
$626
5.6%
Properties Sold .......................................................
31
19
30
29
-6.5%
Properties Pending Sale .......................................
37
26
36
44
18.9%
Properties For Sale ................................................
106
72
96
97
-8.5%
Days on Market (Pending Sale) ...........................
57
64
51
43
-24.6%
Month’s Supply of Inventory ................................
3.4
3.8
3.2
3.3
-2.2%
Percent Under Contract ........................................
34.9%
36.1%
37.5%
45.4%
30.0%
Average Median Price for Last 12 Months ........
$1,230,042
$1,453,000
$1,530,000
$1,408,923
14.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.460
OCT
$1,550,000
NOV DEC
MEDIAN SALES PRICE
JAN
$626
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.550 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Sun Valley DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$499,000
$440,000
$464,000
$490,000
-1.8%
Average Price per Square Foot ...........................
$314
$334
$359
$317
1.0%
Properties Sold .......................................................
12
16
25
14
16.7%
Properties Pending Sale .......................................
17
27
22
18
5.9%
Properties For Sale ................................................
43
30
24
31
-27.9%
Days on Market (Pending Sale) ...........................
63
73
35
39
-38.1%
Month’s Supply of Inventory ................................
3.6
1.9
1
2.2
-38.2%
Percent Under Contract ........................................
39.5%
90.0%
91.7%
58.1%
46.9%
Average Median Price for Last 12 Months ........
$432,583
$473,333
$491,000
$465,692
7.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$499
OCT
$490,000
NOV DEC
MEDIAN SALES PRICE
JAN
$317
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$490 M E 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 2016
telesproperties.com
Sunland/Tujunga DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$490,000
$533,000
$524,000
$576,000
17.6%
Average Price per Square Foot ...........................
$330
$341
$366
$358
8.5%
Properties Sold .......................................................
39
34
34
41
5.1%
Properties Pending Sale .......................................
38
55
39
36
-5.3%
Properties For Sale ................................................
85
41
72
80
-5.9%
Days on Market (Pending Sale) ...........................
49
49
44
55
12.2%
Month’s Supply of Inventory ................................
2.2
1.2
2.1
2
-10.5%
Percent Under Contract ........................................
44.7%
134.1%
54.2%
45.0%
0.7%
Average Median Price for Last 12 Months ........
$490,875
$553,667
$563,667
$525,231
7.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$490
OCT
$576,000
NOV DEC
MEDIAN SALES PRICE
JAN
$358
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$576 M E 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 2016
telesproperties.com
Tarzana DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$959,000
$949,000
$980,000
$830,000
-13.5%
Average Price per Square Foot ...........................
$360
$393
$387
$424
17.8%
Properties Sold .......................................................
28
18
35
33
17.9%
Properties Pending Sale .......................................
31
35
25
24
-22.6%
Properties For Sale ................................................
91
72
108
95
4.4%
Days on Market (Pending Sale) ...........................
83
71
66
64
-22.9%
Month’s Supply of Inventory ................................
3.2
4
3.1
2.9
-11.4%
Percent Under Contract ........................................
34.1%
48.6%
23.1%
25.3%
-25.8%
Average Median Price for Last 12 Months ........
$915,333
$1,013,333
$1,047,000
$947,231
3.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$959
OCT
$830,000
NOV DEC
MEDIAN SALES PRICE
JAN
$424
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$830 M E 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 2016
telesproperties.com
Toluca Lake DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$719,000
$1,560,000
$895,000
$788,000
9.6%
Average Price per Square Foot ...........................
$454
$534
$726
$484
6.6%
Properties Sold .......................................................
7
4
5
4
-42.9%
Properties Pending Sale .......................................
5
6
6
6
20.0%
Properties For Sale ................................................
19
12
21
21
10.5%
Days on Market (Pending Sale) ...........................
66
53
68
51
-22.7%
Month’s Supply of Inventory ................................
2.7
3
4.2
5.2
93.4%
Percent Under Contract ........................................
26.3%
50.0%
28.6%
28.6%
8.6%
Average Median Price for Last 12 Months ........
$1,038,875
$1,278,333
$1,513,333
$1,249,462
20.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$719
OCT
$788,000
NOV DEC
MEDIAN SALES PRICE
JAN
$484
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$788 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Valley Village DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$690,000
$850,000
$901,000
$945,000
37.0%
Average Price per Square Foot ...........................
$402
$421
$476
$490
21.9%
Properties Sold .......................................................
9
10
22
20
122.2%
Properties Pending Sale .......................................
13
16
25
21
61.5%
Properties For Sale ................................................
13
28
38
37
184.6%
Days on Market (Pending Sale) ...........................
54
57
40
56
3.7%
Month’s Supply of Inventory ................................
1.4
2.8
1.7
1.8
28.1%
Percent Under Contract ........................................
100.0%
57.1%
65.8%
56.8%
-43.2%
Average Median Price for Last 12 Months ........
$833,750
$935,833
$971,333
$878,154
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$690
OCT
$945,000
NOV DEC
MEDIAN SALES PRICE
JAN
$490
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.8 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 2016
telesproperties.com
Woodland Hills DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$725,000
$773,000
$760,000
$770,000
6.2%
Average Price per Square Foot ...........................
$343
$353
$357
$363
5.8%
Properties Sold .......................................................
75
49
80
63
-16.0%
Properties Pending Sale .......................................
69
82
73
64
-7.2%
Properties For Sale ................................................
158
130
189
200
26.6%
Days on Market (Pending Sale) ...........................
57
61
60
51
-10.5%
Month’s Supply of Inventory ................................
2.1
2.7
2.4
3.2
50.7%
Percent Under Contract ........................................
43.7%
63.1%
38.6%
32.0%
-26.7%
Average Median Price for Last 12 Months ........
$713,500
$763,500
$760,333
$764,538
7.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$725
OCT
$770,000
NOV DEC
MEDIAN SALES PRICE
JAN
$363
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
San Gabriel Valley Macro Market DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,009,083
$965,917
$1,014,583
$987,417
-2.1%
Average Price per Square Foot ...........................
$506
$520
$539
$518
2.5%
Properties Sold .......................................................
26
23
28
25
-3.8%
Properties Pending Sale .......................................
26
32
29
25
-4.5%
Properties For Sale ................................................
79
61
75
70
-11.4%
Days on Market (Pending Sale) ...........................
51
55
52
50
-2.1%
Month’s Supply of Inventory ................................
3
2.6
2.7
2.7
-7.9%
Percent Under Contract ........................................
33.0%
53.4%
38.9%
35.6%
7.8%
Average Median Price for Last 12 Months ........
$981,568
$1,024,458
$1,015,778
$1,010,673
3.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.009
OCT
$987,417
NOV DEC
MEDIAN SALES PRICE
JAN
$518
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$987 M E 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 2016
telesproperties.com
Alhambra DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$616,000
$620,000
$610,000
$674,000
9.4%
Average Price per Square Foot ...........................
$414
$358
$431
$445
7.5%
Properties Sold .......................................................
27
11
18
15
-44.4%
Properties Pending Sale .......................................
26
26
21
15
-42.3%
Properties For Sale ................................................
51
38
54
48
-5.9%
Days on Market (Pending Sale) ...........................
41
58
54
48
17.1%
Month’s Supply of Inventory ................................
1.9
3.5
3
3.2
69.4%
Percent Under Contract ........................................
51.0%
68.4%
38.9%
31.2%
-38.7%
Average Median Price for Last 12 Months ........
$532,083
$606,167
$640,000
$599,077
12.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$616
OCT
$674,000
NOV DEC
MEDIAN SALES PRICE
JAN
$445
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$674 M E 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 2016
telesproperties.com
Altadena DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$638,000
$738,000
$632,000
$735,000
15.2%
Average Price per Square Foot ...........................
$431
$418
$446
$428
-0.7%
Properties Sold .......................................................
40
26
29
43
7.5%
Properties Pending Sale .......................................
42
39
39
43
2.4%
Properties For Sale ................................................
52
56
72
53
1.9%
Days on Market (Pending Sale) ...........................
53
62
36
62
17.0%
Month’s Supply of Inventory ................................
1.3
2.2
2.5
1.2
-5.2%
Percent Under Contract ........................................
80.8%
69.6%
54.2%
81.1%
0.4%
Average Median Price for Last 12 Months ........
$652,833
$726,333
$751,667
$716,538
9.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$638
OCT
$735,000
NOV DEC
MEDIAN SALES PRICE
JAN
$428
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$735 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Arcadia DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,405,000
$1,015,000
$1,100,000
$1,169,000
-16.8%
Average Price per Square Foot ...........................
$561
$552
$623
$532
-5.2%
Properties Sold .......................................................
34
40
39
48
41.2%
Properties Pending Sale .......................................
45
58
37
28
-37.8%
Properties For Sale ................................................
257
186
237
218
-15.2%
Days on Market (Pending Sale) ...........................
52
74
63
42
-19.2%
Month’s Supply of Inventory ................................
7.6
4.6
6.1
4.5
-39.9%
Percent Under Contract ........................................
17.5%
31.2%
15.6%
12.8%
-26.6%
Average Median Price for Last 12 Months ........
$1,318,792
$1,256,167
$1,389,000
$1,276,692
-3.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.405
OCT
$1,169,000
NOV DEC
MEDIAN SALES PRICE
JAN
$532
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.169 M E 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 2016
telesproperties.com
Duarte DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$463,000
$445,000
$499,000
$449,000
-3.0%
Average Price per Square Foot ...........................
$337
$388
$336
$391
16.0%
Properties Sold .......................................................
16
15
16
19
18.8%
Properties Pending Sale .......................................
15
20
15
14
-6.7%
Properties For Sale ................................................
35
27
29
37
5.7%
Days on Market (Pending Sale) ...........................
55
52
35
45
-18.2%
Month’s Supply of Inventory ................................
2.2
1.8
1.8
1.9
-11.0%
Percent Under Contract ........................................
42.9%
74.1%
51.7%
37.8%
-11.7%
Average Median Price for Last 12 Months ........
$446,417
$480,667
$481,667
$468,231
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$463
OCT
$449,000
NOV DEC
MEDIAN SALES PRICE
JAN
$391
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$449 M E 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 2016
telesproperties.com
Eagle Rock DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$710,000
$771,000
$810,000
$700,000
-1.4%
Average Price per Square Foot ...........................
$453
$464
$520
$485
7.1%
Properties Sold .......................................................
18
26
21
15
-16.7%
Properties Pending Sale .......................................
16
34
24
18
12.5%
Properties For Sale ................................................
34
28
28
28
-17.6%
Days on Market (Pending Sale) ...........................
44
42
48
54
22.7%
Month’s Supply of Inventory ................................
1.9
1.1
1.3
1.9
-1.2%
Percent Under Contract ........................................
47.1%
121.4%
85.7%
64.3%
36.6%
Average Median Price for Last 12 Months ........
$706,417
$776,333
$781,667
$743,769
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$710
OCT
$700,000
NOV DEC
MEDIAN SALES PRICE
JAN
$485
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$700 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
La Canada Flintridge DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,450,000
$1,748,000
$1,615,000
$1,663,000
14.7%
Average Price per Square Foot ...........................
$646
$684
$626
$644
-0.3%
Properties Sold .......................................................
17
24
23
16
-5.9%
Properties Pending Sale .......................................
23
28
32
22
-4.3%
Properties For Sale ................................................
61
53
67
48
-21.3%
Days on Market (Pending Sale) ...........................
39
56
44
42
7.7%
Month’s Supply of Inventory ................................
3.6
2.2
2.9
3
-16.4%
Percent Under Contract ........................................
37.7%
52.8%
47.8%
45.8%
21.6%
Average Median Price for Last 12 Months ........
$1,580,335
$1,675,000
$1,703,333
$1,631,692
3.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.450
OCT
$1,663,000
NOV DEC
MEDIAN SALES PRICE
JAN
$644
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.663 M E 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 2016
telesproperties.com
Monrovia DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$698,000
$617,000
$684,000
$640,000
-8.3%
Average Price per Square Foot ...........................
$396
$421
$409
$438
10.6%
Properties Sold .......................................................
22
17
32
16
-27.3%
Properties Pending Sale .......................................
23
35
32
28
21.7%
Properties For Sale ................................................
58
43
54
52
-10.3%
Days on Market (Pending Sale) ...........................
69
49
50
44
-36.2%
Month’s Supply of Inventory ................................
2.6
2.5
1.7
3.2
23.3%
Percent Under Contract ........................................
39.7%
81.4%
59.3%
53.8%
35.8%
Average Median Price for Last 12 Months ........
$601,083
$635,667
$630,000
$641,692
6.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$698
OCT
$640,000
NOV DEC
MEDIAN SALES PRICE
JAN
$438
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 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 2016
telesproperties.com
Pasadena DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$785,000
$824,000
$885,000
$858,000
9.3%
Average Price per Square Foot ...........................
$490
$550
$545
$538
9.8%
Properties Sold .......................................................
91
79
101
81
-11.0%
Properties Pending Sale .......................................
73
86
91
76
4.1%
Properties For Sale ................................................
232
170
213
208
-10.3%
Days on Market (Pending Sale) ...........................
50
52
47
51
2.0%
Month’s Supply of Inventory ................................
2.5
2.2
2.1
2.6
0.7%
Percent Under Contract ........................................
31.5%
50.6%
42.7%
36.5%
16.1%
Average Median Price for Last 12 Months ........
$769,083
$857,167
$841,333
$828,154
7.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$785
OCT
$858,000
NOV DEC
MEDIAN SALES PRICE
JAN
$538
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$858 M E 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 2016
telesproperties.com
San Gabriel DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$750,000
$879,000
$713,000
$685,000
-8.7%
Average Price per Square Foot ...........................
$447
$430
$433
$431
-3.6%
Properties Sold .......................................................
23
12
22
25
8.7%
Properties Pending Sale .......................................
26
27
27
20
-23.1%
Properties For Sale ................................................
75
60
60
59
-21.3%
Days on Market (Pending Sale) ...........................
45
45
78
50
11.1%
Month’s Supply of Inventory ................................
3.3
5
2.7
2.4
-27.6%
Percent Under Contract ........................................
34.7%
45.0%
45.0%
33.9%
-2.2%
Average Median Price for Last 12 Months ........
$711,458
$688,000
$691,667
$725,154
1.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$750
OCT
$685,000
NOV DEC
MEDIAN SALES PRICE
JAN
$431
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$685 M E 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 2016
telesproperties.com
San Marino DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,209,000
$1,979,000
$2,450,000
$2,054,000
-7.0%
Average Price per Square Foot ...........................
$760
$822
$921
$805
5.9%
Properties Sold .......................................................
6
12
14
10
66.7%
Properties Pending Sale .......................................
9
14
13
13
44.4%
Properties For Sale ................................................
42
31
46
43
2.4%
Days on Market (Pending Sale) ...........................
74
91
68
51
-31.1%
Month’s Supply of Inventory ................................
7
2.6
3.3
4.3
-38.6%
Percent Under Contract ........................................
21.4%
45.2%
28.3%
30.2%
41.1%
Average Median Price for Last 12 Months ........
$2,270,083
$2,309,500
$2,041,000
$2,254,538
-0.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.209
OCT
$2,054,000
NOV DEC
MEDIAN SALES PRICE
JAN
$805
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.054 M E 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 2016
telesproperties.com
Sierra Madre DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,045,000
$885,000
$913,000
$1,150,000
10.0%
Average Price per Square Foot ...........................
$492
$544
$558
$491
-0.2%
Properties Sold .......................................................
8
8
12
7
-12.5%
Properties Pending Sale .......................................
7
13
6
10
42.9%
Properties For Sale ................................................
27
21
26
19
-29.6%
Days on Market (Pending Sale) ...........................
55
39
46
69
25.5%
Month’s Supply of Inventory ................................
3.4
2.6
2.2
2.7
-19.6%
Percent Under Contract ........................................
25.9%
61.9%
23.1%
52.6%
103.0%
Average Median Price for Last 12 Months ........
$952,250
$975,667
$1,062,667
$1,005,615
5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.045
OCT
$1,150,000
NOV DEC
MEDIAN SALES PRICE
JAN
$491
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
South Pasadena DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,340,000
$1,070,000
$1,264,000
$1,072,000
-20.0%
Average Price per Square Foot ...........................
$642
$604
$616
$592
-7.8%
Properties Sold .......................................................
15
7
14
10
-33.3%
Properties Pending Sale .......................................
7
8
15
11
57.1%
Properties For Sale ................................................
22
14
18
25
13.6%
Days on Market (Pending Sale) ...........................
36
40
55
42
16.7%
Month’s Supply of Inventory ................................
1.5
2
1.3
2.5
70.5%
Percent Under Contract ........................................
31.8%
57.1%
83.3%
44.0%
38.3%
Average Median Price for Last 12 Months ........
$1,237,982
$1,306,833
$1,175,333
$1,236,923
-0.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.340
OCT
$1,072,000
NOV DEC
MEDIAN SALES PRICE
JAN
$592
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.072 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Orange County
Orange County Macro
Ladera Ranch
Rancho Santa Margarita
Aliso Viejo
Laguna Beach
San Clemente
Balboa Peninsula
Laguna Hills
San Juan Capistrano
Corona del Mar - Spyglass
Laguna Niguel
Shady Canyon
Coto de Caza
Laguna Woods
Turtle Ridge
Crystal Cove
Lantern Village in Dana Point
Turtle Rock
Dana Point
Lower Newport Bay - Balboa Island
West Bay - Santa Ana Heights
East Bluff - Harbor View
Mission Viejo
West Newport - Lido
East Costa Mesa
Nelle Gail
Westminster
Fountain Valley
Newport Beach
Huntington Beach
Newport Coast
Irvine
Newport Heights
Micro Market Report : September 2016
telesproperties.com
County: ORANGE Area: 948 SQ MILES Founded: 1889
Micro Market Report : September 2016
telesproperties.com
Orange County DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$700,000
$715,000
$750,000
$733,500
4.8%
Average Price per Square Foot ...........................
$432
$437
$432
$425
-1.6%
Properties Sold .......................................................
1651
1569
1952
1666
0.9%
Properties Pending Sale .......................................
1638
1928
1806
1735
5.9%
Properties For Sale ................................................
7,214
6,331
7,493
7,228
0.2%
Days on Market (Pending Sale) ...........................
58
50
50
53
-8.6%
Month’s Supply of Inventory ................................
4.4
4
3.8
4.3
-0.7%
Percent Under Contract ........................................
22.7%
30.5%
24.1%
24.0%
5.7%
Average Median Price for Last 12 Months ........
$687,099
$736,417
$736,167
$717,308
4.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$700
OCT
$733,500
NOV DEC
MEDIAN SALES PRICE
JAN
$425
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$733 M E 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 2016
telesproperties.com
Aliso Viejo DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$708,500
$736,250
$780,000
$800,000
12.9%
Average Price per Square Foot ...........................
$354
$369
$368
$376
6.2%
Properties Sold .......................................................
16
18
39
25
56.2%
Properties Pending Sale .......................................
18
19
29
15
-16.7%
Properties For Sale ................................................
82
64
85
55
-32.9%
Days on Market (Pending Sale) ...........................
40
34
38
43
7.5%
Month’s Supply of Inventory ................................
5.1
3.6
2.2
2.2
-57.1%
Percent Under Contract ........................................
22.0%
29.7%
34.1%
27.3%
24.2%
Average Median Price for Last 12 Months ........
$729,917
$778,000
$800,000
$756,173
3.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$708
OCT
$800,000
NOV DEC
MEDIAN SALES PRICE
JAN
$376
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Balboa Peninsula DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$3,675,000
$1,942,500
$4,250,000
$2,875,000
-21.8%
Average Price per Square Foot ...........................
$1,707
$1,005
$1,676
$1,200
-29.7%
Properties Sold .......................................................
4
2
6
4
0.0%
Properties Pending Sale .......................................
2
2
5
9
350.0%
Properties For Sale ................................................
36
47
56
51
41.7%
Days on Market (Pending Sale) ...........................
119
27
94
160
34.5%
Month’s Supply of Inventory ................................
9
23.5
9.3
12.8
41.7%
Percent Under Contract ........................................
5.6%
4.3%
8.9%
17.6%
217.6%
Average Median Price for Last 12 Months ........
$3,037,250
$4,335,833
$3,271,667
$3,357,115
10.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$3.675
OCT
$2,875,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,200
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
12.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Corona del Mar - Spyglass DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,225,000
$2,862,500
$2,700,000
$3,200,000
43.8%
Average Price per Square Foot ...........................
$1,212
$1,352
$1,048
$1,101
-9.2%
Properties Sold .......................................................
13
11
19
7
-46.2%
Properties Pending Sale .......................................
21
11
14
12
-42.9%
Properties For Sale ................................................
112
81
94
81
-27.7%
Days on Market (Pending Sale) ...........................
73
65
56
170
132.9%
Month’s Supply of Inventory ................................
8.6
7.4
4.9
11.6
34.3%
Percent Under Contract ........................................
18.8%
13.6%
14.9%
14.8%
-21.0%
Average Median Price for Last 12 Months ........
$2,348,608
$2,848,333
$3,008,333
$2,805,654
19.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.225
OCT
$3,200,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,101
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
11.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$3.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Coto de Caza DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,018,750
$1,168,800
$1,212,500
$1,250,000
22.7%
Average Price per Square Foot ...........................
$376
$360
$371
$363
-3.5%
Properties Sold .......................................................
14
17
35
22
57.1%
Properties Pending Sale .......................................
16
25
25
21
31.2%
Properties For Sale ................................................
128
139
154
126
-1.6%
Days on Market (Pending Sale) ...........................
84
74
74
78
-7.1%
Month’s Supply of Inventory ................................
9.1
8.2
4.4
5.7
-37.4%
Percent Under Contract ........................................
12.5%
18.0%
16.2%
16.7%
33.3%
Average Median Price for Last 12 Months ........
$1,161,051
$1,167,754
$1,231,675
$1,191,083
2.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.018
OCT
$1,250,000
NOV DEC
MEDIAN SALES PRICE
JAN
$363
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.250 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Crystal Cove DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$10,897,500
$4,888,888
$4,400,000
$0
-100.0%
Average Price per Square Foot ...........................
$1,166
$1,208
$1,124
$0
-100.0%
Properties Sold .......................................................
10
1
3
0
-100.0%
Properties Pending Sale .......................................
7
0
3
1
-85.7%
Properties For Sale ................................................
23
18
21
23
0.0%
Days on Market (Pending Sale) ...........................
47
0
184
46
-2.1%
Month’s Supply of Inventory ................................
2.3
18
7
n/a
n/a
Percent Under Contract ........................................
30.4%
0.0%
14.3%
4.3%
-85.7%
Average Median Price for Last 12 Months ........
$7,401,444
$6,340,688
$7,986,375
$7,667,414
3.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$10.897
OCT
No sales
NOV DEC
MEDIAN SALES PRICE
JAN
No sales
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
n/a 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 2016
telesproperties.com
Dana Point DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,074,000
$890,000
$1,112,500
$923,750
-14.0%
Average Price per Square Foot ...........................
$586
$851
$726
$654
11.6%
Properties Sold .......................................................
32
19
34
22
-31.2%
Properties Pending Sale .......................................
32
33
21
22
-31.2%
Properties For Sale ................................................
178
163
194
192
7.9%
Days on Market (Pending Sale) ...........................
82
70
73
74
-9.8%
Month’s Supply of Inventory ................................
5.6
8.6
5.7
8.7
56.9%
Percent Under Contract ........................................
18.0%
20.2%
10.8%
11.5%
-36.3%
Average Median Price for Last 12 Months ........
$1,038,128
$1,015,481
$1,026,750
$1,033,272
-0.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.074
OCT
$923,750
NOV DEC
MEDIAN SALES PRICE
JAN
$654
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
8.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$923 M E 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 2016
telesproperties.com
East Bluff - Harbor View DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,725,000
$1,895,000
$1,875,000
$1,884,112
9.2%
Average Price per Square Foot ...........................
$631
$740
$647
$752
19.2%
Properties Sold .......................................................
19
19
21
20
5.3%
Properties Pending Sale .......................................
16
28
21
16
0.0%
Properties For Sale ................................................
101
107
128
120
18.8%
Days on Market (Pending Sale) ...........................
57
54
55
51
-10.5%
Month’s Supply of Inventory ................................
5.3
5.6
6.1
6
12.9%
Percent Under Contract ........................................
15.8%
26.2%
16.4%
13.3%
-15.8%
Average Median Price for Last 12 Months ........
$1,803,120
$1,839,935
$1,827,371
$1,829,878
1.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.725
OCT
$1,884,112
NOV DEC
MEDIAN SALES PRICE
JAN
$752
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.884 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
East Costa Mesa DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$887,500
$875,000
$1,050,000
$880,000
-0.8%
Average Price per Square Foot ...........................
$577
$651
$570
$558
-3.3%
Properties Sold .......................................................
16
19
15
15
-6.2%
Properties Pending Sale .......................................
15
12
11
11
-26.7%
Properties For Sale ................................................
52
52
66
60
15.4%
Days on Market (Pending Sale) ...........................
52
37
58
66
26.9%
Month’s Supply of Inventory ................................
3.2
2.7
4.4
4
23.1%
Percent Under Contract ........................................
28.8%
23.1%
16.7%
18.3%
-36.4%
Average Median Price for Last 12 Months ........
$916,375
$1,013,932
$1,043,197
$1,010,068
10.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$887
OCT
$880,000
NOV DEC
MEDIAN SALES PRICE
JAN
$558
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$880 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Fountain Valley DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$729,000
$745,000
$731,000
$770,000
5.6%
Average Price per Square Foot ...........................
$369
$364
$369
$368
-0.3%
Properties Sold .......................................................
35
27
30
23
-34.3%
Properties Pending Sale .......................................
28
30
29
26
-7.1%
Properties For Sale ................................................
83
69
76
72
-13.3%
Days on Market (Pending Sale) ...........................
66
23
39
31
-53.0%
Month’s Supply of Inventory ................................
2.4
2.6
2.5
3.1
32.0%
Percent Under Contract ........................................
33.7%
43.5%
38.2%
36.1%
7.0%
Average Median Price for Last 12 Months ........
$706,667
$744,167
$752,167
$726,954
2.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$729
OCT
$770,000
NOV DEC
MEDIAN SALES PRICE
JAN
$368
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Huntington Beach DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$775,050
$767,500
$845,000
$800,000
3.2%
Average Price per Square Foot ...........................
$437
$469
$453
$464
6.2%
Properties Sold .......................................................
107
102
122
119
11.2%
Properties Pending Sale .......................................
99
106
122
127
28.3%
Properties For Sale ................................................
425
350
427
382
-10.1%
Days on Market (Pending Sale) ...........................
63
44
51
61
-3.2%
Month’s Supply of Inventory ................................
4
3.4
3.5
3.2
-19.2%
Percent Under Contract ........................................
23.3%
30.3%
28.6%
33.2%
42.7%
Average Median Price for Last 12 Months ........
$785,004
$817,500
$812,500
$806,692
2.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$775
OCT
$800,000
NOV DEC
MEDIAN SALES PRICE
JAN
$464
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Irvine DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$918,000
$1,084,500
$1,160,000
$1,019,888
11.1%
Average Price per Square Foot ...........................
$476
$454
$478
$498
4.6%
Properties Sold .......................................................
98
92
114
113
15.3%
Properties Pending Sale .......................................
105
87
109
99
-5.7%
Properties For Sale ................................................
465
369
510
483
3.9%
Days on Market (Pending Sale) ...........................
56
61
59
56
0.0%
Month’s Supply of Inventory ................................
4.7
4
4.5
4.3
-9.9%
Percent Under Contract ........................................
22.6%
23.6%
21.4%
20.5%
-9.2%
Average Median Price for Last 12 Months ........
$948,850
$1,041,711
$1,036,963
$1,007,686
6.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$918
OCT
$1,019,888
NOV DEC
MEDIAN SALES PRICE
JAN
$498
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.019 M E 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 2016
telesproperties.com
Ladera Ranch DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$905,000
$820,000
$839,000
$980,000
8.3%
Average Price per Square Foot ...........................
$375
$343
$340
$345
-8.0%
Properties Sold .......................................................
23
23
25
27
17.4%
Properties Pending Sale .......................................
19
46
30
29
52.6%
Properties For Sale ................................................
123
125
153
124
0.8%
Days on Market (Pending Sale) ...........................
58
44
44
58
0.0%
Month’s Supply of Inventory ................................
5.3
5.4
6.1
4.6
-14.1%
Percent Under Contract ........................................
15.4%
36.8%
19.6%
23.4%
51.4%
Average Median Price for Last 12 Months ........
$849,425
$901,917
$945,833
$864,950
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$905
OCT
$980,000
NOV DEC
MEDIAN SALES PRICE
JAN
$345
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$980 M E 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 2016
telesproperties.com
Laguna Beach DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,150,000
$2,395,000
$1,685,000
$1,834,500
-14.7%
Average Price per Square Foot ...........................
$1,159
$1,381
$1,037
$1,056
-8.9%
Properties Sold .......................................................
29
27
23
24
-17.2%
Properties Pending Sale .......................................
26
35
29
27
3.8%
Properties For Sale ................................................
273
239
302
281
2.9%
Days on Market (Pending Sale) ...........................
110
113
85
139
26.4%
Month’s Supply of Inventory ................................
9.4
8.9
13.1
11.7
24.4%
Percent Under Contract ........................................
9.5%
14.6%
9.6%
9.6%
0.9%
Average Median Price for Last 12 Months ........
$1,852,248
$1,789,083
$1,793,167
$1,970,462
6.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.150
OCT
$1,834,500
NOV DEC
MEDIAN SALES PRICE
JAN
$1,056
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
11.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.834 M E 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 2016
telesproperties.com
Laguna Niguel DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$900,000
$890,000
$872,000
$932,500
3.6%
Average Price per Square Foot ...........................
$409
$425
$428
$423
3.4%
Properties Sold .......................................................
63
68
57
48
-23.8%
Properties Pending Sale .......................................
52
64
65
72
38.5%
Properties For Sale ................................................
270
241
316
309
14.4%
Days on Market (Pending Sale) ...........................
70
49
67
56
-20.0%
Month’s Supply of Inventory ................................
4.3
3.5
5.5
6.4
50.2%
Percent Under Contract ........................................
19.3%
26.6%
20.6%
23.3%
21.0%
Average Median Price for Last 12 Months ........
$835,083
$887,917
$888,500
$871,904
4.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$900
OCT
$932,500
NOV DEC
MEDIAN SALES PRICE
JAN
$423
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$932 M E 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 2016
telesproperties.com
Laguna Hills DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$839,980
$845,000
$1,007,500
$800,000
-4.8%
Average Price per Square Foot ...........................
$363
$376
$363
$365
0.6%
Properties Sold .......................................................
27
22
30
24
-11.1%
Properties Pending Sale .......................................
22
31
31
22
0.0%
Properties For Sale ................................................
134
115
130
127
-5.2%
Days on Market (Pending Sale) ...........................
88
52
52
45
-48.9%
Month’s Supply of Inventory ................................
5
5.2
4.3
5.3
6.6%
Percent Under Contract ........................................
16.4%
27.0%
23.8%
17.3%
5.5%
Average Median Price for Last 12 Months ........
$761,811
$830,667
$814,000
$819,729
7.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$839
OCT
$800,000
NOV DEC
MEDIAN SALES PRICE
JAN
$365
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Laguna Woods DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$798,000
$649,000
$0
$0
-100.0%
Average Price per Square Foot ...........................
$487
$468
$0
$0
-100.0%
Properties Sold .......................................................
1
1
0
0
-100.0%
Properties Pending Sale .......................................
0
1
0
0
n/a
Properties For Sale ................................................
1
1
0
1
0.0%
Days on Market (Pending Sale) ...........................
0
39
0
0
n/a
Month’s Supply of Inventory ................................
1
1
n/a
n/a
n/a
Percent Under Contract ........................................
0.0%
100.0%
n/a
0.0%
n/a
Average Median Price for Last 12 Months ........
$280,500
$910,000
n/a
$785,667
180.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$798
OCT
No sales
NOV DEC
MEDIAN SALES PRICE
JAN
No sales
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
n/a 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 2016
telesproperties.com
Lantern Village in Dana Point DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,005,000
$914,500
$879,000
$775,000
-22.9%
Average Price per Square Foot ...........................
$563
$493
$464
$812
44.2%
Properties Sold .......................................................
6
2
4
1
-83.3%
Properties Pending Sale .......................................
10
6
2
5
-50.0%
Properties For Sale ................................................
25
22
23
26
4.0%
Days on Market (Pending Sale) ...........................
76
68
33
44
-42.1%
Month’s Supply of Inventory ................................
4.2
11
5.8
26
524.0%
Percent Under Contract ........................................
40.0%
27.3%
8.7%
19.2%
-51.9%
Average Median Price for Last 12 Months ........
$958,091
$953,167
$861,500
$954,038
-0.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $1.005
SEP OCT
$775,000
NOV DEC
MEDIAN SALES PRICE
JAN
$812
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
26 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$775 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Lower Newport Bay - Balboa Island DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,800,000
$2,185,000
$2,625,000
$3,040,000
8.6%
Average Price per Square Foot ...........................
$1,203
$1,133
$1,089
$1,105
-8.1%
Properties Sold .......................................................
5
6
9
5
0.0%
Properties Pending Sale .......................................
9
6
8
6
-33.3%
Properties For Sale ................................................
39
28
35
39
0.0%
Days on Market (Pending Sale) ...........................
68
64
57
115
69.1%
Month’s Supply of Inventory ................................
7.8
4.7
3.9
7.8
0.0%
Percent Under Contract ........................................
23.1%
21.4%
22.9%
15.4%
-33.3%
Average Median Price for Last 12 Months ........
$3,288,782
$3,102,500
$3,355,000
$3,134,385
-4.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.800
OCT
$3,040,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,105
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$3.040 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Mission Viejo DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$660,000
$646,000
$700,000
$705,000
6.8%
Average Price per Square Foot ...........................
$335
$357
$358
$351
4.8%
Properties Sold .......................................................
89
87
110
95
6.7%
Properties Pending Sale .......................................
102
99
99
92
-9.8%
Properties For Sale ................................................
347
265
323
301
-13.3%
Days on Market (Pending Sale) ...........................
59
47
51
49
-16.9%
Month’s Supply of Inventory ................................
3.9
3
2.9
3.2
-18.7%
Percent Under Contract ........................................
29.4%
37.4%
30.7%
30.6%
4.0%
Average Median Price for Last 12 Months ........
$655,096
$689,333
$695,333
$674,531
3.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$660
OCT
$705,000
NOV DEC
MEDIAN SALES PRICE
JAN
$351
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$705 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Monarch Beach DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,300,000
$1,440,000
$1,550,000
$1,550,000
-32.6%
Average Price per Square Foot ...........................
$671
$1,037
$739
$849
26.5%
Properties Sold .......................................................
12
10
15
9
-25.0%
Properties Pending Sale .......................................
11
6
10
6
-45.5%
Properties For Sale ................................................
78
71
89
92
17.9%
Days on Market (Pending Sale) ...........................
90
164
112
115
27.8%
Month’s Supply of Inventory ................................
6.5
7.1
5.9
10.2
57.3%
Percent Under Contract ........................................
14.1%
8.5%
11.2%
6.5%
-53.8%
Average Median Price for Last 12 Months ........
$1,463,438
$1,740,417
$1,799,167
$1,787,394
22.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.300
SEP OCT
$1,550,000
NOV DEC
MEDIAN SALES PRICE
JAN
$849
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
10.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.550 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Nelle Gail DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$849,990
$845,000
$1,007,500
$800,000
-5.9%
Average Price per Square Foot ...........................
$363
$376
$363
$365
0.6%
Properties Sold .......................................................
26
22
30
24
-7.7%
Properties Pending Sale .......................................
21
29
30
21
0.0%
Properties For Sale ................................................
132
112
122
123
-6.8%
Days on Market (Pending Sale) ...........................
89
52
52
47
-47.2%
Month’s Supply of Inventory ................................
5.1
5.1
4.1
5.1
0.9%
Percent Under Contract ........................................
15.9%
25.9%
24.6%
17.1%
7.3%
Average Median Price for Last 12 Months ........
$779,299
$836,117
$824,900
$825,130
5.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$849
OCT
$800,000
NOV DEC
MEDIAN SALES PRICE
JAN
$365
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Newport Beach DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,040,000
$1,870,000
$2,100,000
$1,953,000
-4.3%
Average Price per Square Foot ...........................
$866
$763
$942
$890
2.8%
Properties Sold .......................................................
61
51
52
53
-13.1%
Properties Pending Sale .......................................
56
56
63
59
5.4%
Properties For Sale ................................................
333
324
415
401
20.4%
Days on Market (Pending Sale) ...........................
87
71
71
93
6.9%
Month’s Supply of Inventory ................................
5.5
6.4
8
7.6
38.6%
Percent Under Contract ........................................
16.8%
17.3%
15.2%
14.7%
-12.5%
Average Median Price for Last 12 Months ........
$1,854,630
$1,959,717
$1,916,000
$1,961,408
5.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.040
OCT
$1,953,000
NOV DEC
MEDIAN SALES PRICE
JAN
$890
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.953 M E 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 2016
telesproperties.com
Newport Coast DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$4,118,562
$2,032,500
$3,160,000
$3,100,000
-24.7%
Average Price per Square Foot ...........................
$936
$762
$872
$812
-13.2%
Properties Sold .......................................................
10
16
21
7
-30.0%
Properties Pending Sale .......................................
7
13
12
6
-14.3%
Properties For Sale ................................................
104
101
113
117
12.5%
Days on Market (Pending Sale) ...........................
53
48
101
77
45.3%
Month’s Supply of Inventory ................................
10.4
6.3
5.4
16.7
60.7%
Percent Under Contract ........................................
6.7%
12.9%
10.6%
5.1%
-23.8%
Average Median Price for Last 12 Months ........
$3,299,457
$3,026,667
$3,400,000
$2,996,082
-9.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $4.118
SEP OCT
$3,100,000
NOV DEC
MEDIAN SALES PRICE
JAN
$812
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
16.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$3.100 M E 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 2016
telesproperties.com
Newport Heights DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,365,000
$1,390,000
$2,050,000
$3,647,500
167.2%
Average Price per Square Foot ...........................
$1,095
$674
$950
$788
-28.0%
Properties Sold .......................................................
18
4
4
4
-77.8%
Properties Pending Sale .......................................
14
4
3
2
-85.7%
Properties For Sale ................................................
81
31
50
47
-42.0%
Days on Market (Pending Sale) ...........................
149
48
112
56
-62.4%
Month’s Supply of Inventory ................................
4.5
7.8
12.5
11.8
161.1%
Percent Under Contract ........................................
17.3%
12.9%
6.0%
4.3%
-75.4%
Average Median Price for Last 12 Months ........
$1,651,470
$2,071,150
$2,317,083
$1,710,271
3.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.365
OCT
$3,647,500
NOV DEC
MEDIAN SALES PRICE
JAN
$788
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
11.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$3.647 M E 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 2016
telesproperties.com
Rancho Santa Margarita DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$665,000
$665,000
$725,000
$725,000
9.0%
Average Price per Square Foot ...........................
$343
$343
$330
$325
-5.2%
Properties Sold .......................................................
31
39
59
36
16.1%
Properties Pending Sale .......................................
44
43
47
48
9.1%
Properties For Sale ................................................
183
118
160
168
-8.2%
Days on Market (Pending Sale) ...........................
53
46
42
55
3.8%
Month’s Supply of Inventory ................................
5.9
3
2.7
4.7
-20.9%
Percent Under Contract ........................................
24.0%
36.4%
29.4%
28.6%
18.8%
Average Median Price for Last 12 Months ........
$660,600
$733,333
$734,167
$716,981
8.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$665
OCT
$725,000
NOV DEC
MEDIAN SALES PRICE
JAN
$325
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
San Clemente DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$899,000
$890,000
$1,000,000
$870,000
-3.2%
Average Price per Square Foot ...........................
$391
$429
$400
$390
-0.3%
Properties Sold .......................................................
41
48
71
78
90.2%
Properties Pending Sale .......................................
44
103
73
71
61.4%
Properties For Sale ................................................
305
326
384
331
8.5%
Days on Market (Pending Sale) ...........................
64
55
69
71
10.9%
Month’s Supply of Inventory ................................
7.4
6.8
5.4
4.2
-43.0%
Percent Under Contract ........................................
14.4%
31.6%
19.0%
21.5%
48.7%
Average Median Price for Last 12 Months ........
$865,901
$924,854
$904,707
$925,619
6.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$899
OCT
$870,000
NOV DEC
MEDIAN SALES PRICE
JAN
$390
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$870 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
San Juan Capistrano DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$975,000
$782,099
$1,054,000
$1,050,000
7.7%
Average Price per Square Foot ...........................
$348
$378
$390
$355
2.0%
Properties Sold .......................................................
29
30
46
34
17.2%
Properties Pending Sale .......................................
33
29
35
34
3.0%
Properties For Sale ................................................
162
160
213
197
21.6%
Days on Market (Pending Sale) ...........................
55
49
69
60
9.1%
Month’s Supply of Inventory ................................
5.6
5.3
4.6
5.8
3.7%
Percent Under Contract ........................................
20.4%
18.1%
16.4%
17.3%
-15.3%
Average Median Price for Last 12 Months ........
$846,188
$961,708
$956,667
$969,020
14.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$975
OCT
$1,050,000
NOV DEC
MEDIAN SALES PRICE
JAN
$355
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.050 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Shady Canyon DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,099,000
$1,443,000
$2,180,000
$2,000,000
-4.7%
Average Price per Square Foot ...........................
$652
$600
$654
$668
2.5%
Properties Sold .......................................................
16
10
15
21
31.2%
Properties Pending Sale .......................................
9
8
18
9
0.0%
Properties For Sale ................................................
92
86
105
102
10.9%
Days on Market (Pending Sale) ...........................
81
89
110
89
9.9%
Month’s Supply of Inventory ................................
5.8
8.6
7
4.9
-15.5%
Percent Under Contract ........................................
9.8%
9.3%
17.1%
8.8%
-9.8%
Average Median Price for Last 12 Months ........
$2,528,313
$1,859,417
$1,995,833
$1,879,785
-25.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.099
OCT
$2,000,000
NOV DEC
MEDIAN SALES PRICE
JAN
$668
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.9 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 2016
telesproperties.com
Turtle Ridge DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,575,000
$3,830,000
$2,425,000
$1,893,650
-26.5%
Average Price per Square Foot ...........................
$685
$678
$662
$641
-6.4%
Properties Sold .......................................................
5
3
6
4
-20.0%
Properties Pending Sale .......................................
3
1
5
3
0.0%
Properties For Sale ................................................
19
16
19
21
10.5%
Days on Market (Pending Sale) ...........................
106
18
74
58
-45.3%
Month’s Supply of Inventory ................................
3.8
5.3
3.2
5.2
38.2%
Percent Under Contract ........................................
15.8%
6.2%
26.3%
14.3%
-9.5%
Average Median Price for Last 12 Months ........
$2,254,579
$2,520,730
$2,517,883
$2,677,650
18.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.575
OCT
$1,893,650
NOV DEC
MEDIAN SALES PRICE
JAN
$641
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.893 M E 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 2016
telesproperties.com
Turtle Rock DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,625,000
$1,331,500
$1,660,000
$2,200,000
35.4%
Average Price per Square Foot ...........................
$677
$609
$655
$683
0.9%
Properties Sold .......................................................
7
6
9
16
128.6%
Properties Pending Sale .......................................
5
6
10
7
40.0%
Properties For Sale ................................................
58
56
72
75
29.3%
Days on Market (Pending Sale) ...........................
84
103
111
117
39.3%
Month’s Supply of Inventory ................................
8.3
9.3
8
4.7
-43.4%
Percent Under Contract ........................................
8.6%
10.7%
13.9%
9.3%
8.3%
Average Median Price for Last 12 Months ........
$1,373,114
$1,655,083
$1,748,833
$1,821,508
32.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.625
OCT
$2,200,000
NOV DEC
MEDIAN SALES PRICE
JAN
$683
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Westminster DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$562,000
$599,000
$620,000
$658,500
17.2%
Average Price per Square Foot ...........................
$349
$436
$374
$398
14.0%
Properties Sold .......................................................
26
28
34
36
38.5%
Properties Pending Sale .......................................
50
43
30
39
-22.0%
Properties For Sale ................................................
127
101
85
104
-18.1%
Days on Market (Pending Sale) ...........................
42
39
34
30
-28.6%
Month’s Supply of Inventory ................................
4.9
3.6
2.5
2.9
-40.9%
Percent Under Contract ........................................
39.4%
42.6%
35.3%
37.5%
-4.8%
Average Median Price for Last 12 Months ........
$551,438
$609,000
$612,667
$587,500
6.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$562
OCT
$658,500
NOV DEC
MEDIAN SALES PRICE
JAN
$398
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$658 M E 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 2016
telesproperties.com
West Bay - Santa Ana Heights DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,669,000
$1,721,000
$1,201,500
$1,525,000
-8.6%
Average Price per Square Foot ...........................
$660
$670
$596
$729
10.5%
Properties Sold .......................................................
15
16
5
13
-13.3%
Properties Pending Sale .......................................
13
7
15
15
15.4%
Properties For Sale ................................................
78
57
81
76
-2.6%
Days on Market (Pending Sale) ...........................
72
71
92
102
41.7%
Month’s Supply of Inventory ................................
5.2
3.6
16.2
5.8
12.4%
Percent Under Contract ........................................
16.7%
12.3%
18.5%
19.7%
18.4%
Average Median Price for Last 12 Months ........
$1,504,212
$1,595,250
$1,683,333
$1,650,692
9.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.669
OCT
$1,525,000
NOV DEC
MEDIAN SALES PRICE
JAN
$729
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.525 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
West Newport - Lido DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,497,500
$1,190,500
$1,720,000
$3,925,000
57.2%
Average Price per Square Foot ...........................
$1,248
$707
$1,354
$1,427
14.3%
Properties Sold .......................................................
12
4
7
7
-41.7%
Properties Pending Sale .......................................
7
9
11
10
42.9%
Properties For Sale ................................................
46
54
64
67
45.7%
Days on Market (Pending Sale) ...........................
170
150
61
88
-48.2%
Month’s Supply of Inventory ................................
3.8
13.5
9.1
9.6
149.7%
Percent Under Contract ........................................
15.2%
16.7%
17.2%
14.9%
-1.9%
Average Median Price for Last 12 Months ........
$2,224,409
$2,764,583
$3,139,167
$2,508,692
12.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.497
OCT
$3,925,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,427
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$3.925 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 2016
telesproperties.com
Santa Barbara County
Carpinteria
Santa Barbara East of State
Goleta
Santa Barbara West of State
Hope Ranch
Santa Ynez
Montecito
Micro Market Report : September 2016
telesproperties.com
County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850
Micro Market Report : September 2016
telesproperties.com
Carpinteria DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$865,000
$910,000
$910,000
$1,037,000
19.9%
Average Price per Square Foot ...........................
$508
$530
$850
$1,350
165.7%
Properties Sold .......................................................
11
5
13
4
-63.6%
Properties Pending Sale .......................................
6
3
9
6
0.0%
Properties For Sale ................................................
30
27
41
47
56.7%
Days on Market (Pending Sale) ...........................
212
15
58
66
-68.9%
Month’s Supply of Inventory ................................
2.7
5.4
3.2
11.8
330.8%
Percent Under Contract ........................................
20.0%
11.1%
22.0%
12.8%
-36.2%
Average Median Price for Last 12 Months ........
$916,827
$974,167
$943,167
$1,011,071
10.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$865
OCT
$1,037,000
NOV DEC
MEDIAN SALES PRICE
JAN
$1,350
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
11.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.037 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Goleta DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$913,000
$815,526
$877,500
$925,000
1.3%
Average Price per Square Foot ...........................
$473
$531
$492
$623
31.7%
Properties Sold .......................................................
9
7
13
10
11.1%
Properties Pending Sale .......................................
14
16
11
8
-42.9%
Properties For Sale ................................................
33
44
45
51
54.5%
Days on Market (Pending Sale) ...........................
44
36
44
38
-13.6%
Month’s Supply of Inventory ................................
3.7
6.3
3.5
5.1
39.1%
Percent Under Contract ........................................
42.4%
36.4%
24.4%
15.7%
-63.0%
Average Median Price for Last 12 Months ........
$765,330
$881,167
$903,333
$849,464
11.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$913
OCT
$925,000
NOV DEC
MEDIAN SALES PRICE
JAN
$623
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.1 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 2016
telesproperties.com
Hope Ranch DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$0
$4,692,500
$1,750,000
$5,500,000
n/a
Average Price per Square Foot ...........................
$0
$1,608
$867
$770
n/a
Properties Sold .......................................................
0
2
5
1
n/a
Properties Pending Sale .......................................
4
2
4
1
-75.0%
Properties For Sale ................................................
21
24
33
39
85.7%
Days on Market (Pending Sale) ...........................
149
67
90
73
-51.0%
Month’s Supply of Inventory ................................
n/a
12
6.6
39
n/a
Percent Under Contract ........................................
19.0%
8.3%
12.1%
2.6%
-86.5%
Average Median Price for Last 12 Months ........
$2,918,968
$3,220,833
$3,400,000
$3,712,364
27.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP OCT
$5,500,000
NOV DEC
MEDIAN SALES PRICE
JAN
$770
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
39 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$5.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Montecito DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,812,500
$2,612,500
$3,325,000
$2,235,000
-20.5%
Average Price per Square Foot ...........................
$808
$858
$948
$923
14.2%
Properties Sold .......................................................
12
16
13
14
16.7%
Properties Pending Sale .......................................
16
20
10
15
-6.2%
Properties For Sale ................................................
167
181
181
203
21.6%
Days on Market (Pending Sale) ...........................
85
60
70
137
61.2%
Month’s Supply of Inventory ................................
13.9
11.3
13.9
14.5
4.2%
Percent Under Contract ........................................
9.6%
11.0%
5.5%
7.4%
-22.9%
Average Median Price for Last 12 Months ........
$3,308,901
$2,764,167
$2,470,000
$2,933,846
-11.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$2.812
OCT
$2,235,000
NOV DEC
MEDIAN SALES PRICE
JAN
$923
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
14.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$2.235 M E 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 2016
telesproperties.com
Santa Barbara East of State DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,108,000
$1,271,000
$1,233,375
$1,229,000
10.9%
Average Price per Square Foot ...........................
$657
$726
$761
$703
7.0%
Properties Sold .......................................................
26
32
33
37
42.3%
Properties Pending Sale .......................................
31
46
24
28
-9.7%
Properties For Sale ................................................
155
137
154
163
5.2%
Days on Market (Pending Sale) ...........................
42
55
53
49
16.7%
Month’s Supply of Inventory ................................
6
4.3
4.7
4.4
-26.1%
Percent Under Contract ........................................
20.0%
33.6%
15.6%
17.2%
-14.1%
Average Median Price for Last 12 Months ........
$1,197,375
$1,263,521
$1,278,000
$1,301,548
8.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.108
OCT
$1,229,000
NOV DEC
MEDIAN SALES PRICE
JAN
$703
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.229 M E 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 2016
telesproperties.com
Santa Barbara West of State DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$980,000
$990,250
$878,000
$1,170,000
19.4%
Average Price per Square Foot ...........................
$584
$669
$897
$612
4.8%
Properties Sold .......................................................
23
16
13
20
-13.0%
Properties Pending Sale .......................................
21
21
24
22
4.8%
Properties For Sale ................................................
79
75
100
98
24.1%
Days on Market (Pending Sale) ...........................
22
31
46
61
177.3%
Month’s Supply of Inventory ................................
3.4
4.7
7.7
4.9
42.7%
Percent Under Contract ........................................
26.6%
28.0%
24.0%
22.4%
-15.5%
Average Median Price for Last 12 Months ........
$1,054,583
$1,044,083
$1,121,667
$1,058,102
0.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$980
OCT
$1,170,000
NOV DEC
MEDIAN SALES PRICE
JAN
$612
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.170 M E 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 2016
telesproperties.com
Santa Ynez DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$772,500
$850,000
$749,000
$860,000
11.3%
Average Price per Square Foot ...........................
$440
$339
$377
$386
-12.3%
Properties Sold .......................................................
12
11
27
15
25.0%
Properties Pending Sale .......................................
13
17
15
15
15.4%
Properties For Sale ................................................
129
151
153
146
13.2%
Days on Market (Pending Sale) ...........................
75
108
86
92
22.7%
Month’s Supply of Inventory ................................
10.8
13.7
5.7
9.7
-9.5%
Percent Under Contract ........................................
10.1%
11.3%
9.8%
10.3%
1.9%
Average Median Price for Last 12 Months ........
$758,500
$785,250
$829,167
$760,731
0.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$772
OCT
$860,000
NOV DEC
MEDIAN SALES PRICE
JAN
$386
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.7 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 2016
telesproperties.com
Monterey County
Carmel
Pacific Grove
Carmel Valley
Pebble Beach
Marina
Salinas
Monterey
Seaside
Micro Market Report : September 2016
telesproperties.com
County: MONTEREY Area: 3,771 SQ MILES Founded: 1850
Micro Market Report : September 2016
telesproperties.com
Carmel DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,375,000
$1,072,500
$1,747,500
$1,375,000
0.0%
Average Price per Square Foot ...........................
$761
$927
$667
$760
-0.1%
Properties Sold .......................................................
27
22
24
27
0.0%
Properties Pending Sale .......................................
17
25
19
23
35.3%
Properties For Sale ................................................
156
150
169
184
17.9%
Days on Market (Pending Sale) ...........................
102
95
101
83
-18.6%
Month’s Supply of Inventory ................................
5.8
6.8
7
6.8
17.9%
Percent Under Contract ........................................
10.9%
16.7%
11.2%
12.5%
14.7%
Average Median Price for Last 12 Months ........
$1,408,263
$1,498,750
$1,356,667
$1,460,308
3.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.375
OCT
$1,375,000
NOV DEC
MEDIAN SALES PRICE
JAN
$760
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.375 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Carmel Valley DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,200,000
$975,000
$1,377,500
$1,162,500
-3.1%
Average Price per Square Foot ...........................
$497
$253
$546
$546
9.9%
Properties Sold .......................................................
9
1
20
6
-33.3%
Properties Pending Sale .......................................
7
10
14
13
85.7%
Properties For Sale ................................................
66
74
73
80
21.2%
Days on Market (Pending Sale) ...........................
38
75
77
101
165.8%
Month’s Supply of Inventory ................................
7.3
74
3.6
13.3
81.8%
Percent Under Contract ........................................
10.6%
13.5%
19.2%
16.2%
53.2%
Average Median Price for Last 12 Months ........
$929,741
$1,061,667
$985,833
$975,262
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.200
OCT
$1,162,500
NOV DEC
MEDIAN SALES PRICE
JAN
$546
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
13.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.162 M E 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 2016
telesproperties.com
Marina DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$445,950
$447,500
$460,000
$510,000
14.4%
Average Price per Square Foot ...........................
$318
$299
$343
$275
-13.5%
Properties Sold .......................................................
8
10
13
9
12.5%
Properties Pending Sale .......................................
13
9
14
14
7.7%
Properties For Sale ................................................
36
30
30
29
-19.4%
Days on Market (Pending Sale) ...........................
16
33
16
30
87.5%
Month’s Supply of Inventory ................................
4.5
3
2.3
3.2
-28.4%
Percent Under Contract ........................................
36.1%
30.0%
46.7%
48.3%
33.7%
Average Median Price for Last 12 Months ........
$441,250
$489,333
$505,000
$473,650
7.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$445
OCT
$510,000
NOV DEC
MEDIAN SALES PRICE
JAN
$275
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$510 M E 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 2016
telesproperties.com
Monterey DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$790,000
$674,000
$705,000
$810,000
2.5%
Average Price per Square Foot ...........................
$471
$413
$481
$449
-4.7%
Properties Sold .......................................................
14
16
17
31
121.4%
Properties Pending Sale .......................................
22
18
19
28
27.3%
Properties For Sale ................................................
108
80
95
103
-4.6%
Days on Market (Pending Sale) ...........................
52
51
69
89
71.2%
Month’s Supply of Inventory ................................
7.7
5
5.6
3.3
-56.9%
Percent Under Contract ........................................
20.4%
22.5%
20.0%
27.2%
33.5%
Average Median Price for Last 12 Months ........
$691,838
$794,083
$804,000
$738,019
6.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$790
OCT
$810,000
NOV DEC
MEDIAN SALES PRICE
JAN
$449
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.3 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 2016
telesproperties.com
Pacific Grove DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$821,500
$789,500
$873,000
$837,500
1.9%
Average Price per Square Foot ...........................
$707
$584
$593
$595
-15.8%
Properties Sold .......................................................
9
10
17
10
11.1%
Properties Pending Sale .......................................
13
18
17
12
-7.7%
Properties For Sale ................................................
56
62
61
66
17.9%
Days on Market (Pending Sale) ...........................
93
59
48
62
-33.3%
Month’s Supply of Inventory ................................
6.2
6.2
3.6
6.6
6.1%
Percent Under Contract ........................................
23.2%
29.0%
27.9%
18.2%
-21.7%
Average Median Price for Last 12 Months ........
$776,042
$861,750
$813,500
$850,885
9.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$821
OCT
$837,500
NOV DEC
MEDIAN SALES PRICE
JAN
$595
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$837 M E 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 2016
telesproperties.com
Pebble Beach DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,380,000
$1,712,500
$1,333,000
$1,294,500
-45.6%
Average Price per Square Foot ...........................
$635
$685
$537
$774
21.9%
Properties Sold .......................................................
7
10
9
10
42.9%
Properties Pending Sale .......................................
12
11
9
10
-16.7%
Properties For Sale ................................................
85
80
85
89
4.7%
Days on Market (Pending Sale) ...........................
118
95
99
122
3.4%
Month’s Supply of Inventory ................................
12.1
8
9.4
8.9
-26.7%
Percent Under Contract ........................................
14.1%
13.8%
10.6%
11.2%
-20.4%
Average Median Price for Last 12 Months ........
$1,587,104
$1,587,500
$1,782,333
$1,607,577
1.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.380
SEP OCT
$1,294,500
NOV DEC
MEDIAN SALES PRICE
JAN
$774
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
8.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.294 M E 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 2016
telesproperties.com
Salinas DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$420,000
$455,000
$482,000
$499,000
18.8%
Average Price per Square Foot ...........................
$259
$264
$270
$283
9.3%
Properties Sold .......................................................
67
52
78
63
-6.0%
Properties Pending Sale .......................................
66
66
68
73
10.6%
Properties For Sale ................................................
222
187
214
223
0.5%
Days on Market (Pending Sale) ...........................
37
44
45
53
43.2%
Month’s Supply of Inventory ................................
3.3
3.6
2.7
3.5
6.8%
Percent Under Contract ........................................
29.7%
35.3%
31.8%
32.7%
10.1%
Average Median Price for Last 12 Months ........
$407,985
$469,000
$476,667
$442,269
8.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$420
OCT
$499,000
NOV DEC
MEDIAN SALES PRICE
JAN
$283
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$499 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Seaside DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$427,500
$415,000
$422,500
$505,000
18.1%
Average Price per Square Foot ...........................
$333
$354
$368
$340
2.1%
Properties Sold .......................................................
14
15
18
18
28.6%
Properties Pending Sale .......................................
18
18
18
18
0.0%
Properties For Sale ................................................
45
44
42
51
13.3%
Days on Market (Pending Sale) ...........................
80
34
37
67
-16.2%
Month’s Supply of Inventory ................................
3.2
2.9
2.3
2.8
-11.9%
Percent Under Contract ........................................
40.0%
40.9%
42.9%
35.3%
-11.8%
Average Median Price for Last 12 Months ........
$379,774
$459,808
$489,167
$452,930
19.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$427
OCT
$505,000
NOV DEC
MEDIAN SALES PRICE
JAN
$340
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$505 M E 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 2016
telesproperties.com
San Diego County
San Diego Macro
La Jolla
Bay Park/Old Town/Midway District
La Mesa
Carlsbad
Lemon Grove
Carmel Valley
Linda Vista/Clairemont Mesa East
Chula Vista
National City
Clairemont/Bay Ho/Bay Park
Oceanside
Coronado
Poway
Del Mar
Rancho Bernardo
El Cajon
San Marcos
Encinitas
Santee
Escondido
Solana Beach
Imperial Beach
Vista
Micro Market Report : September 2016
telesproperties.com
County: SAN DIEGO Area: 4,526 SQ MILES Founded: 1850
Micro Market Report : September 2016
telesproperties.com
San Diego County DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$525,000
$550,000
$565,000
$570,000
8.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
1890
1967
2336
2018
6.8%
Properties Pending Sale .......................................
2101
2555
2443
2272
8.1%
Properties For Sale ................................................
8,385
7,697
8,510
8,369
-0.2%
Days on Market (Pending Sale) ...........................
46
42
41
43
-6.5%
Month’s Supply of Inventory ................................
4.4
3.9
3.6
4.1
-6.5%
Percent Under Contract ........................................
25.1%
33.2%
28.7%
27.1%
8.3%
Average Median Price for Last 12 Months ........
$514,313
$565,917
$566,500
$548,288
6.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$525
OCT
$570,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$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 2016
telesproperties.com
Bay Park/Old Town/Midway District DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$815,000
$689,500
$730,000
$827,900
1.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
4
10
7
9
125.0%
Properties Pending Sale .......................................
12
4
13
13
8.3%
Properties For Sale ................................................
48
24
37
40
-16.7%
Days on Market (Pending Sale) ...........................
43
14
29
46
7.0%
Month’s Supply of Inventory ................................
12
2.4
5.3
4.4
-63.0%
Percent Under Contract ........................................
25.0%
16.7%
35.1%
32.5%
30.0%
Average Median Price for Last 12 Months ........
$664,104
$764,892
$794,783
$736,642
9.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$815
OCT
$827,900
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$827 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Carlsbad DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$833,425
$835,000
$929,500
$899,000
7.9%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
108
89
84
93
-13.9%
Properties Pending Sale .......................................
94
116
93
108
14.9%
Properties For Sale ................................................
400
333
368
369
-7.8%
Days on Market (Pending Sale) ...........................
41
33
33
37
-9.8%
Month’s Supply of Inventory ................................
3.7
3.7
4.4
4
7.1%
Percent Under Contract ........................................
23.5%
34.8%
25.3%
29.3%
24.5%
Average Median Price for Last 12 Months ........
$810,077
$887,750
$881,333
$860,169
5.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$833
OCT
$899,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$899 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Carmel Valley DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,150,000
$1,214,000
$1,144,000
$1,235,000
7.4%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
33
54
65
35
6.1%
Properties Pending Sale .......................................
32
57
53
43
34.4%
Properties For Sale ................................................
207
189
222
168
-18.8%
Days on Market (Pending Sale) ...........................
49
26
35
45
-8.2%
Month’s Supply of Inventory ................................
6.3
3.5
3.4
4.8
-23.5%
Percent Under Contract ........................................
15.5%
30.2%
23.9%
25.6%
65.6%
Average Median Price for Last 12 Months ........
$1,136,125
$1,156,750
$1,196,500
$1,137,303
0.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.150
OCT
$1,235,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.8 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.235 M E 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 2016
telesproperties.com
Chula Vista DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$490,864
$505,000
$509,900
$520,000
5.9%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
156
168
175
154
-1.3%
Properties Pending Sale .......................................
149
188
184
167
12.1%
Properties For Sale ................................................
554
482
460
511
-7.8%
Days on Market (Pending Sale) ...........................
44
40
39
36
-18.2%
Month’s Supply of Inventory ................................
3.6
2.9
2.6
3.3
-6.6%
Percent Under Contract ........................................
26.9%
39.0%
40.0%
32.7%
21.5%
Average Median Price for Last 12 Months ........
$463,376
$510,858
$515,250
$500,072
7.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$490
OCT
$520,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.3 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 2016
telesproperties.com
Clairemont/Bay Ho/Bay Park DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$536,000
$594,850
$595,000
$565,800
5.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
34
44
41
45
32.4%
Properties Pending Sale .......................................
39
39
41
41
5.1%
Properties For Sale ................................................
112
99
99
99
-11.6%
Days on Market (Pending Sale) ...........................
27
32
26
35
29.6%
Month’s Supply of Inventory ................................
3.3
2.2
2.4
2.2
-33.2%
Percent Under Contract ........................................
34.8%
39.4%
41.4%
41.4%
18.9%
Average Median Price for Last 12 Months ........
$540,292
$578,742
$577,150
$569,100
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$536
OCT
$565,800
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$565 M E 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 2016
telesproperties.com
Coronado DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,830,000
$1,474,237
$1,776,750
$1,850,000
1.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
14
13
16
12
-14.3%
Properties Pending Sale .......................................
15
22
14
12
-20.0%
Properties For Sale ................................................
133
136
136
138
3.8%
Days on Market (Pending Sale) ...........................
67
102
111
98
46.3%
Month’s Supply of Inventory ................................
9.5
10.5
8.5
11.5
21.1%
Percent Under Contract ........................................
11.3%
16.2%
10.3%
8.7%
-22.9%
Average Median Price for Last 12 Months ........
$1,699,292
$1,822,792
$1,895,000
$1,727,061
1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.830
OCT
$1,850,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
11.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Del Mar DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$2,579,375
$1,700,000
$2,250,000
$1,667,500
-35.4%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
14
13
16
12
-14.3%
Properties Pending Sale .......................................
13
24
12
16
23.1%
Properties For Sale ................................................
90
103
95
103
14.4%
Days on Market (Pending Sale) ...........................
60
52
32
43
-28.3%
Month’s Supply of Inventory ................................
6.4
7.9
5.9
8.6
33.5%
Percent Under Contract ........................................
14.4%
23.3%
12.6%
15.5%
7.5%
Average Median Price for Last 12 Months ........
$1,662,777
$1,706,208
$1,543,750
$1,860,240
10.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot $2.579
SEP OCT
$1,667,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
8.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.667 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
El Cajon DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$479,950
$444,000
$520,000
$487,500
1.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
108
99
111
92
-14.8%
Properties Pending Sale .......................................
99
114
117
105
6.1%
Properties For Sale ................................................
388
398
366
379
-2.3%
Days on Market (Pending Sale) ...........................
42
50
43
47
11.9%
Month’s Supply of Inventory ................................
3.6
4
3.3
4.1
14.7%
Percent Under Contract ........................................
25.5%
28.6%
32.0%
27.7%
8.6%
Average Median Price for Last 12 Months ........
$444,746
$488,094
$486,687
$470,674
5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$479
OCT
$487,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$487 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Encinitas DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,150,000
$950,000
$1,165,000
$1,162,500
1.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
37
31
49
40
8.1%
Properties Pending Sale .......................................
34
51
46
54
58.8%
Properties For Sale ................................................
172
172
185
203
18.0%
Days on Market (Pending Sale) ...........................
44
41
48
38
-13.6%
Month’s Supply of Inventory ................................
4.6
5.5
3.8
5.1
9.2%
Percent Under Contract ........................................
19.8%
29.7%
24.9%
26.6%
34.6%
Average Median Price for Last 12 Months ........
$1,098,056
$1,170,500
$1,212,500
$1,116,077
1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.150
OCT
$1,162,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.162 M E 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 2016
telesproperties.com
Escondido DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$454,500
$530,000
$500,000
$476,000
4.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
130
128
150
123
-5.4%
Properties Pending Sale .......................................
118
161
173
180
52.5%
Properties For Sale ................................................
527
494
584
633
20.1%
Days on Market (Pending Sale) ...........................
58
41
41
44
-24.1%
Month’s Supply of Inventory ................................
4.1
3.9
3.9
5.1
26.9%
Percent Under Contract ........................................
22.4%
32.6%
29.6%
28.4%
27.0%
Average Median Price for Last 12 Months ........
$446,996
$497,018
$502,833
$484,970
7.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$454
OCT
$476,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
5.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$476 M E 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 2016
telesproperties.com
Imperial-Beach DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$449,000
$500,000
$485,000
$582,000
29.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
13
8
12
6
-53.8%
Properties Pending Sale .......................................
11
8
12
13
18.2%
Properties For Sale ................................................
31
23
38
45
45.2%
Days on Market (Pending Sale) ...........................
69
76
13
35
-49.3%
Month’s Supply of Inventory ................................
2.4
2.9
3.2
7.5
214.5%
Percent Under Contract ........................................
35.5%
34.8%
31.6%
28.9%
-18.6%
Average Median Price for Last 12 Months ........
$444,063
$495,625
$553,667
$475,519
6.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$449
OCT
$582,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$582 M E 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 2016
telesproperties.com
La Jolla DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,848,812
$1,898,000
$1,803,500
$1,982,500
7.2%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
22
26
34
28
27.3%
Properties Pending Sale .......................................
20
44
35
31
55.0%
Properties For Sale ................................................
256
258
296
278
8.6%
Days on Market (Pending Sale) ...........................
49
66
66
92
87.8%
Month’s Supply of Inventory ................................
11.6
9.9
8.7
9.9
-14.7%
Percent Under Contract ........................................
7.8%
17.1%
11.8%
11.2%
42.7%
Average Median Price for Last 12 Months ........
$1,766,401
$2,051,000
$2,034,167
$1,983,832
11.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.848
OCT
$1,982,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
9.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.982 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
La Mesa DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$490,000
$510,000
$529,000
$527,000
7.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
71
67
73
60
-15.5%
Properties Pending Sale .......................................
56
75
72
62
10.7%
Properties For Sale ................................................
206
208
213
202
-1.9%
Days on Market (Pending Sale) ...........................
41
28
29
33
-19.5%
Month’s Supply of Inventory ................................
3.7
2.8
3
3.4
-8.5%
Percent Under Contract ........................................
27.2%
36.1%
33.8%
30.7%
12.9%
Average Median Price for Last 12 Months ........
$472,751
$521,750
$527,000
$502,865
6.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$490
OCT
$527,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$527 M E 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 2016
telesproperties.com
Linda Vista/Clairemont Mesa East DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$525,000
$529,999
$544,500
$552,500
5.2%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
23
19
22
24
4.3%
Properties Pending Sale .......................................
17
23
21
18
5.9%
Properties For Sale ................................................
63
40
44
51
-19.0%
Days on Market (Pending Sale) ...........................
33
23
22
21
-36.4%
Month’s Supply of Inventory ................................
3.7
1.7
2.1
2.1
-42.7%
Percent Under Contract ........................................
27.0%
57.5%
47.7%
35.3%
30.8%
Average Median Price for Last 12 Months ........
$503,838
$543,750
$540,500
$532,923
5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$525
OCT
$552,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$552 M E 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 2016
telesproperties.com
Lemon Grove DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$355,000
$400,000
$412,500
$427,000
20.3%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
15
19
22
18
20.0%
Properties Pending Sale .......................................
23
29
21
22
-4.3%
Properties For Sale ................................................
49
51
54
53
8.2%
Days on Market (Pending Sale) ...........................
35
43
23
30
-14.3%
Month’s Supply of Inventory ................................
2.1
1.8
2.6
2.9
38.2%
Percent Under Contract ........................................
46.9%
56.9%
38.9%
41.5%
-11.6%
Average Median Price for Last 12 Months ........
$370,371
$410,250
$419,167
$397,308
6.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$355
OCT
$427,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$427 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
National City DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$365,000
$329,000
$384,000
$375,000
2.7%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
14
20
18
13
-7.1%
Properties Pending Sale .......................................
17
25
18
14
-17.6%
Properties For Sale ................................................
57
58
47
54
-5.3%
Days on Market (Pending Sale) ...........................
29
54
84
46
58.6%
Month’s Supply of Inventory ................................
3.4
2.3
2.6
4.2
23.9%
Percent Under Contract ........................................
29.8%
43.1%
38.3%
25.9%
-13.1%
Average Median Price for Last 12 Months ........
$331,658
$373,833
$384,000
$362,038
8.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$365
OCT
$375,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$375 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Oceanside DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$466,500
$480,000
$500,000
$498,000
6.8%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
130
143
145
142
9.2%
Properties Pending Sale .......................................
123
156
172
158
28.5%
Properties For Sale ................................................
416
370
415
389
-6.5%
Days on Market (Pending Sale) ...........................
38
30
30
36
-5.3%
Month’s Supply of Inventory ................................
3.2
2.6
2.9
2.7
-14.4%
Percent Under Contract ........................................
29.6%
42.2%
41.4%
40.6%
37.4%
Average Median Price for Last 12 Months ........
$910,000
$511,417
$517,000
$490,115
-85.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$466
OCT
$498,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.7 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$498 M E 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 2016
telesproperties.com
Poway DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$633,000
$757,000
$745,000
$665,000
5.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
50
55
61
54
8.0%
Properties Pending Sale .......................................
31
52
52
46
48.4%
Properties For Sale ................................................
194
189
208
188
-3.1%
Days on Market (Pending Sale) ...........................
49
49
43
58
18.4%
Month’s Supply of Inventory ................................
3.9
3.4
3.4
3.5
-10.3%
Percent Under Contract ........................................
16.0%
27.5%
25.0%
24.5%
53.1%
Average Median Price for Last 12 Months ........
$630,688
$677,500
$672,500
$656,481
3.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$633
OCT
$665,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$665 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Rancho Bernardo DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$735,000
$719,000
$777,000
$712,500
-3.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
94
69
123
97
3.2%
Properties Pending Sale .......................................
85
120
111
112
31.8%
Properties For Sale ................................................
416
353
449
385
-7.5%
Days on Market (Pending Sale) ...........................
39
41
34
47
20.5%
Month’s Supply of Inventory ................................
4.2
4.3
5
4
-6.1%
Percent Under Contract ........................................
20.4%
34.0%
24.7%
29.1%
42.4%
Average Median Price for Last 12 Months ........
$716,283
$744,481
$727,129
$725,088
1.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$735
OCT
$712,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$712 M E 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 2016
telesproperties.com
San Marcos DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$542,500
$650,000
$650,000
$597,000
10.0%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
84
51
89
78
-7.1%
Properties Pending Sale .......................................
66
92
93
84
27.3%
Properties For Sale ................................................
258
236
223
231
-10.5%
Days on Market (Pending Sale) ...........................
40
36
41
42
5.0%
Month’s Supply of Inventory ................................
3.1
4.6
2.5
3
-3.6%
Percent Under Contract ........................................
25.6%
39.0%
41.7%
36.4%
42.1%
Average Median Price for Last 12 Months ........
$557,896
$612,008
$605,600
$594,915
6.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$542
OCT
$597,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$597 M E 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 2016
telesproperties.com
San Diego DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$535,000
$589,700
$581,000
$567,900
6.1%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
61
73
70
78
27.9%
Properties Pending Sale .......................................
68
66
75
72
5.9%
Properties For Sale ................................................
223
163
180
190
-14.8%
Days on Market (Pending Sale) ...........................
31
28
25
34
9.7%
Month’s Supply of Inventory ................................
3.7
2.2
2.6
2.4
-33.4%
Percent Under Contract ........................................
30.5%
40.5%
41.7%
37.9%
24.3%
Average Median Price for Last 12 Months ........
$535,000
$578,400
$577,300
$567,469
5.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$535
OCT
$567,900
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$567 M E 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 2016
telesproperties.com
Santee DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$455,000
$458,500
$481,500
$465,000
2.2%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
45
32
42
48
6.7%
Properties Pending Sale .......................................
41
44
58
44
7.3%
Properties For Sale ................................................
99
109
118
103
4.0%
Days on Market (Pending Sale) ...........................
26
38
33
21
-19.2%
Month’s Supply of Inventory ................................
2.2
3.4
2.8
2.1
-2.5%
Percent Under Contract ........................................
41.4%
40.4%
49.2%
42.7%
3.1%
Average Median Price for Last 12 Months ........
$426,271
$473,075
$471,483
$463,769
8.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$455
OCT
$465,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.1 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$465 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Solana Beach DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,197,500
$1,320,000
$1,465,000
$1,178,500
-1.6%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
6
13
7
9
50.0%
Properties Pending Sale .......................................
4
8
3
8
100.0%
Properties For Sale ................................................
34
36
32
40
17.6%
Days on Market (Pending Sale) ...........................
24
86
33
55
129.2%
Month’s Supply of Inventory ................................
5.7
2.8
4.6
4.4
-21.6%
Percent Under Contract ........................................
11.8%
22.2%
9.4%
20.0%
70.0%
Average Median Price for Last 12 Months ........
$1,513,881
$1,379,917
$1,474,833
$1,364,346
-11.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.197
OCT
$1,178,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.178 M E 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 2016
telesproperties.com
Spring Valley DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$389,000
$412,500
$422,000
$444,500
14.3%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
49
62
55
46
-6.1%
Properties Pending Sale .......................................
44
54
56
46
4.5%
Properties For Sale ................................................
157
159
156
185
17.8%
Days on Market (Pending Sale) ...........................
30
28
30
26
-13.3%
Month’s Supply of Inventory ................................
3.2
2.6
2.8
4
25.5%
Percent Under Contract ........................................
28.0%
34.0%
35.9%
24.9%
-11.3%
Average Median Price for Last 12 Months ........
$389,544
$427,667
$436,333
$414,269
6.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$389
OCT
$444,500
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$444 M E 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 2016
telesproperties.com
Vista DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$463,539
$469,000
$472,500
$495,000
6.8%
Average Price per Square Foot ...........................
n/a
n/a
n/a
n/a
n/a
Properties Sold .......................................................
61
71
79
89
45.9%
Properties Pending Sale .......................................
86
87
94
80
-7.0%
Properties For Sale ................................................
299
250
323
291
-2.7%
Days on Market (Pending Sale) ...........................
60
45
40
51
-15.0%
Month’s Supply of Inventory ................................
4.9
3.5
4.1
3.3
-33.3%
Percent Under Contract ........................................
28.8%
34.8%
29.1%
27.5%
-4.4%
Average Median Price for Last 12 Months ........
$449,328
$490,542
$489,250
$476,922
5.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$463
OCT
$495,000
NOV DEC
MEDIAN SALES PRICE
JAN
n/a
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.3 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 2016
telesproperties.com
Condominiums
Beverly Center - Miracle Mile
Santa Monica
Beverly Hills
Sherman Oaks
Brentwood
Studio City
Culver City
Venice
Encino
West Hollywood
Malibu
West LA
Marina Del Rey
Westwood - Century City
Micro Market Report : September 2016
telesproperties.com
County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY
Micro Market Report : September 2016
telesproperties.com
Beverly Center - Miracle Mile DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$735,000
$537,500
$744,500
$789,500
7.4%
Average Price per Square Foot ...........................
$534
$600
$577
$551
3.2%
Properties Sold .......................................................
16
6
14
10
-37.5%
Properties Pending Sale .......................................
12
4
7
9
-25.0%
Properties For Sale ................................................
40
30
35
32
-20.0%
Days on Market (Pending Sale) ...........................
31
30
13
66
112.9%
Month’s Supply of Inventory ................................
2.5
5
2.5
3.2
28.0%
Percent Under Contract ........................................
30.0%
13.3%
20.0%
28.1%
-6.2%
Average Median Price for Last 12 Months ........
$691,183
$756,750
$802,167
$722,861
4.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$735
OCT
$789,500
NOV DEC
MEDIAN SALES PRICE
JAN
$551
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.2 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$789 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Beverly Hills DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,200,000
$1,151,500
$1,250,000
$1,150,000
-4.2%
Average Price per Square Foot ...........................
$662
$627
$677
$752
13.6%
Properties Sold .......................................................
9
12
11
7
-22.2%
Properties Pending Sale .......................................
9
13
10
14
55.6%
Properties For Sale ................................................
57
61
54
58
1.8%
Days on Market (Pending Sale) ...........................
49
56
53
40
-18.4%
Month’s Supply of Inventory ................................
6.3
5.1
4.9
8.3
30.8%
Percent Under Contract ........................................
15.8%
21.3%
18.5%
24.1%
52.9%
Average Median Price for Last 12 Months ........
$1,096,116
$1,205,565
$1,222,796
$1,222,876
11.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.200
OCT
$1,150,000
NOV DEC
MEDIAN SALES PRICE
JAN
$752
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
8.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.150 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Brentwood DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$679,000
$864,062
$760,000
$790,000
16.3%
Average Price per Square Foot ...........................
$551
$616
$585
$600
8.9%
Properties Sold .......................................................
20
16
15
23
15.0%
Properties Pending Sale .......................................
26
24
15
19
-26.9%
Properties For Sale ................................................
94
63
61
80
-14.9%
Days on Market (Pending Sale) ...........................
49
42
25
38
-22.4%
Month’s Supply of Inventory ................................
4.7
3.9
4.1
3.5
-26.0%
Percent Under Contract ........................................
27.7%
38.1%
24.6%
23.8%
-14.1%
Average Median Price for Last 12 Months ........
$733,742
$827,822
$855,000
$825,384
12.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$679
OCT
$790,000
NOV DEC
MEDIAN SALES PRICE
JAN
$600
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$790 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Culver City DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$440,000
$452,000
$465,000
$481,000
9.3%
Average Price per Square Foot ...........................
$436
$443
$462
$448
2.8%
Properties Sold .......................................................
21
11
18
21
0.0%
Properties Pending Sale .......................................
12
25
16
21
75.0%
Properties For Sale ................................................
35
42
33
39
11.4%
Days on Market (Pending Sale) ...........................
22
17
20
22
0.0%
Month’s Supply of Inventory ................................
1.7
3.8
1.8
1.9
11.4%
Percent Under Contract ........................................
34.3%
59.5%
48.5%
53.8%
57.1%
Average Median Price for Last 12 Months ........
$428,833
$469,167
$480,833
$451,577
5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$440
OCT
$481,000
NOV DEC
MEDIAN SALES PRICE
JAN
$448
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$481 M E 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 2016
telesproperties.com
Downtown DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$547,500
$555,000
$670,000
$517,250
-5.5%
Average Price per Square Foot ...........................
$602
$791
$689
$640
6.3%
Properties Sold .......................................................
36
21
29
30
-16.7%
Properties Pending Sale .......................................
39
34
53
48
23.1%
Properties For Sale ................................................
192
196
246
237
23.4%
Days on Market (Pending Sale) ...........................
77
56
49
60
-22.1%
Month’s Supply of Inventory ................................
5.3
9.3
8.5
7.9
48.1%
Percent Under Contract ........................................
20.3%
17.3%
21.5%
20.3%
-0.3%
Average Median Price for Last 12 Months ........
$553,958
$583,458
$543,750
$578,792
4.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$547
OCT
$517,250
NOV DEC
MEDIAN SALES PRICE
JAN
$640
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.9 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$517 M E 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 2016
telesproperties.com
Encino DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$276,000
$335,000
$295,000
$336,000
21.7%
Average Price per Square Foot ...........................
$257
$352
$330
$297
15.6%
Properties Sold .......................................................
13
16
14
15
15.4%
Properties Pending Sale .......................................
25
15
13
16
-36.0%
Properties For Sale ................................................
37
18
26
34
-8.1%
Days on Market (Pending Sale) ...........................
55
30
41
83
50.9%
Month’s Supply of Inventory ................................
2.8
1.1
1.9
2.3
-20.4%
Percent Under Contract ........................................
67.6%
83.3%
50.0%
47.1%
-30.4%
Average Median Price for Last 12 Months ........
$316,000
$348,667
$384,333
$336,462
6.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$276
OCT
$336,000
NOV DEC
MEDIAN SALES PRICE
JAN
$297
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
2.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$336 M E 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 2016
telesproperties.com
Malibu DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$530,000
$700,000
$925,000
$1,750,000
230.2%
Average Price per Square Foot ...........................
$520
$569
$938
$947
82.1%
Properties Sold .......................................................
3
7
1
3
0.0%
Properties Pending Sale .......................................
3
5
4
1
-66.7%
Properties For Sale ................................................
25
17
18
19
-24.0%
Days on Market (Pending Sale) ...........................
140
29
32
30
-78.6%
Month’s Supply of Inventory ................................
8.3
2.4
18
6.3
-24.0%
Percent Under Contract ........................................
12.0%
29.4%
22.2%
5.3%
-56.1%
Average Median Price for Last 12 Months ........
$850,417
$1,611,208
$1,724,583
$1,211,391
42.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$530
OCT
$1,750,000
NOV DEC
MEDIAN SALES PRICE
JAN
$947
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
6.3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$1.750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Marina Del Rey DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$773,000
$745,000
$865,000
$900,000
16.4%
Average Price per Square Foot ...........................
$569
$704
$626
$626
10.0%
Properties Sold .......................................................
24
13
25
15
-37.5%
Properties Pending Sale .......................................
27
29
27
25
-7.4%
Properties For Sale ................................................
87
90
96
114
31.0%
Days on Market (Pending Sale) ...........................
56
45
47
49
-12.5%
Month’s Supply of Inventory ................................
3.6
6.9
3.8
7.6
109.7%
Percent Under Contract ........................................
31.0%
32.2%
28.1%
21.9%
-29.3%
Average Median Price for Last 12 Months ........
$845,122
$890,750
$920,000
$862,192
2.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$773
OCT
$900,000
NOV DEC
MEDIAN SALES PRICE
JAN
$626
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
7.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Santa Monica DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$824,250
$890,000
$950,000
$850,000
3.1%
Average Price per Square Foot ...........................
$866
$1,137
$899
$873
0.8%
Properties Sold .......................................................
30
20
27
35
16.7%
Properties Pending Sale .......................................
25
21
32
20
-20.0%
Properties For Sale ................................................
102
96
114
104
2.0%
Days on Market (Pending Sale) ...........................
62
41
34
34
-45.2%
Month’s Supply of Inventory ................................
3.4
4.8
4.2
3
-12.6%
Percent Under Contract ........................................
24.5%
21.9%
28.1%
19.2%
-21.5%
Average Median Price for Last 12 Months ........
$951,833
$928,167
$855,833
$925,064
-2.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$824
OCT
$850,000
NOV DEC
MEDIAN SALES PRICE
JAN
$873
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Sherman Oaks DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$422,000
$510,000
$430,000
$438,000
3.8%
Average Price per Square Foot ...........................
$333
$343
$347
$359
7.8%
Properties Sold .......................................................
30
19
25
28
-6.7%
Properties Pending Sale .......................................
22
23
30
30
36.4%
Properties For Sale ................................................
38
31
46
38
0.0%
Days on Market (Pending Sale) ...........................
50
51
63
45
-10.0%
Month’s Supply of Inventory ................................
1.3
1.6
1.8
1.4
7.1%
Percent Under Contract ........................................
57.9%
74.2%
65.2%
78.9%
36.4%
Average Median Price for Last 12 Months ........
$428,250
$448,167
$450,667
$449,615
5.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$422
OCT
$438,000
NOV DEC
MEDIAN SALES PRICE
JAN
$359
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.4 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$438 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
Studio City DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$534,000
$590,000
$514,000
$538,000
0.7%
Average Price per Square Foot ...........................
$404
$467
$439
$409
1.2%
Properties Sold .......................................................
13
10
8
17
30.8%
Properties Pending Sale .......................................
11
13
24
12
9.1%
Properties For Sale ................................................
31
20
39
28
-9.7%
Days on Market (Pending Sale) ...........................
70
74
71
66
-5.7%
Month’s Supply of Inventory ................................
2.4
2
4.9
1.6
-30.9%
Percent Under Contract ........................................
35.5%
65.0%
61.5%
42.9%
20.8%
Average Median Price for Last 12 Months ........
$528,417
$525,833
$557,667
$536,923
1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$534
OCT
$538,000
NOV DEC
MEDIAN SALES PRICE
JAN
$409
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
1.6 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$538 M E 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 2016
telesproperties.com
Venice DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$1,130,000
$1,272,500
$0
$940,000
-16.8%
Average Price per Square Foot ...........................
$513
$944
$0
$791
54.2%
Properties Sold .......................................................
1
2
0
1
0.0%
Properties Pending Sale .......................................
4
1
3
8
100.0%
Properties For Sale ................................................
24
17
12
16
-33.3%
Days on Market (Pending Sale) ...........................
20
22
31
88
340.0%
Month’s Supply of Inventory ................................
24
8.5
n/a
16
-33.3%
Percent Under Contract ........................................
16.7%
5.9%
25.0%
50.0%
200.0%
Average Median Price for Last 12 Months ........
$959,292
$1,238,800
$1,205,000
$1,313,545
36.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$1.130
OCT
$940,000
NOV DEC
MEDIAN SALES PRICE
JAN
$791
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
16 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$940 M E 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 2016
telesproperties.com
West Hollywood DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$554,500
$575,250
$635,000
$760,000
37.1%
Average Price per Square Foot ...........................
$628
$679
$682
$676
7.6%
Properties Sold .......................................................
30
38
30
36
20.0%
Properties Pending Sale .......................................
26
36
35
35
34.6%
Properties For Sale ................................................
119
122
125
130
9.2%
Days on Market (Pending Sale) ...........................
43
41
35
36
-16.3%
Month’s Supply of Inventory ................................
4
3.2
4.2
3.6
-9.0%
Percent Under Contract ........................................
21.8%
29.5%
28.0%
26.9%
23.2%
Average Median Price for Last 12 Months ........
$604,174
$681,167
$694,167
$651,712
7.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$554
OCT
$760,000
NOV DEC
MEDIAN SALES PRICE
JAN
$676
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.6 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 2016
telesproperties.com
West LA DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$686,750
$650,000
$775,000
$810,000
17.9%
Average Price per Square Foot ...........................
$521
$559
$569
$539
3.5%
Properties Sold .......................................................
14
6
13
17
21.4%
Properties Pending Sale .......................................
13
13
13
13
0.0%
Properties For Sale ................................................
42
32
43
52
23.8%
Days on Market (Pending Sale) ...........................
33
28
20
18
-45.5%
Month’s Supply of Inventory ................................
3
5.3
3.3
3.1
2.0%
Percent Under Contract ........................................
31.0%
40.6%
30.2%
25.0%
-19.2%
Average Median Price for Last 12 Months ........
$658,770
$782,167
$769,333
$723,477
9.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$686
OCT
$810,000
NOV DEC
MEDIAN SALES PRICE
JAN
$539
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
3.1 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 2016
telesproperties.com
Westwood - Century City DATA*
Sep 2015
6 month
3 month
Sep 2016
% change
Median Price ..........................................................
$730,000
$780,000
$870,000
$800,000
9.6%
Average Price per Square Foot ...........................
$712
$609
$575
$675
-5.2%
Properties Sold .......................................................
51
50
49
46
-9.8%
Properties Pending Sale .......................................
44
57
59
53
20.5%
Properties For Sale ................................................
275
243
242
209
-24.0%
Days on Market (Pending Sale) ...........................
53
39
43
62
17.0%
Month’s Supply of Inventory ................................
5.4
4.9
4.9
4.5
-15.7%
Percent Under Contract ........................................
16.0%
23.5%
24.4%
25.4%
58.5%
Average Median Price for Last 12 Months ........
$757,208
$812,117
$773,667
$794,040
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot SEP
$730
OCT
$800,000
NOV DEC
MEDIAN SALES PRICE
JAN
$675
FEB MAR
AVERAGE PRICE PER SQ FT
APR MAY JUN
4.5 MONTH’S SUPPLY OF INVENTORY
JUL AUG SEP
$800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : September 2016
telesproperties.com
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