Greater Los Angeles Market Update3-Month Ending July 2014
Beverly Hills | Brentwood | Los Feliz | MalibuPacific Palisades | Santa Monica | Sunset Strip sothebyshomes.com/losangeles
Pacific Palisades, CA | web: 0355210
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TABLE OF CONTENTS
MARKET AREA PGS.
Bel Air - Holmby Hills 4-5
Beverly Center - Miracle Mile 6-7
Beverly Hills 8-9
Beverly Hills Post Office 10-11
Beverlywood 12-13
Brentwood 14-15
Cheviot Hills - Rancho Park 16-17
Culver City 18-19
Downtown Los Angeles 20-21
Eagle Rock 22-23
Hancock Park 24-25
Hollywood 26-27
Hollywood Hills East 28-29
Los Feliz 30-31
Malibu 32-33
Malibu Beach 34-35
MARKET AREA PGS.
Marina Del Rey 36-37
Mid Los Angeles 38-39
Mid Wilshire 40-41
Mount Washington 42-43
Pacific Palisades 44-45
Palms - Mar Vista 46-47
Playa Del Rey 48-49
Playa Vista 50-51
Santa Monica 52-53
Silverlake - Echo Park 54-55
Sunset Strip - Hlwd Hills 56-57
Venice 58-59
West Hollywood 60-61
West Los Angeles 62-63
Westwood - Century City 64-65
FEATURED LISTINGS IN LOS ANGELES
PACIFIC PALISADES, CAWeb ID: 0343599 | $10,995,000
Extraordinary new construction, Neo-Classical
luxury estate in Malibu Park.
Santa Monica - Venice Brokerage
Lee Johnson | 310.892.2244
LOS ANGELES, CAWeb ID: 0285792 | $4,067,000
Landmark masterpiece restoration, the Bela
Lugosi “Castle La Paloma”.
Los Feliz Brokerage
Konstantine Valissarakos | 323.252.9451
LOS ANGELES, CAWeb ID: 0308084 | $2,699,999
This exquisite, modern marvel features 5
bedrooms and 4½ baths, with no expense spared.
Sunset Strip Brokerage
Lee Wasser | 310.770.0729
4
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Bel Air is encompassed by a prestigious and well-known pocket of Los Angeles
known as the Golden Triangle, including Bel Air, Beverly Hills and Holmby Hills.
Bel Air real estate is tucked along the foothills of a section of the Santa Monica
Mountains on the north side and borders UCLA and Sunset Boulevard to the
south. Bel Air is approx. 12 miles from Downtown LA, minutes from the 405
freeway and close to the quaint Bel Air Hotel, yet it provides a feeling of serenity
and ever sought-after escape from metropolitan life. Homes vary from original
ranch style and modest one half stories to mansions with gorgeous views of
the canyon and city lights. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
BEL AIR - HOLMBY HILLS
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $5,014,154 $844,333 $1,717,450 $9,916,875
AVERAGE LIST PRICE PER SQUARE FOOT $953.45 $609.77 $610.26 $1,191.97
AVERAGE SOLD PRICE $4,611,349 $783,333 $1,720,225 $8,943,006
AVERAGE SOLD PRICE PER SQUARE FOOT $914.72 $565.72 $611.24 $1,127.79
TOTAL SFH SOLD 39 3 20 16
TOTAL SFH FOR SALE AT END OF PERIOD 94 4 36 54
AVERAGE MONTHLY SUPPLY OF INVENTORY 7.2 4.0 5.4 10.1
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 92% 93% 100% 90%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,481,620 $730,590 $1,912,844 $7,377,571
AVERAGE LIST PRICE PER SQUARE FOOT $881.54 $436.85 $608.72 $1,178.23
AVERAGE SOLD PRICE $3,385,878 $726,500 $1,898,154 $7,098,571
AVERAGE SOLD PRICE PER SQUARE FOOT $857.30 $434.41 $604.04 $1,133.67
TOTAL SFH SOLD 45 5 26 14
TOTAL SFH FOR SALE AT END OF PERIOD 88 7 32 49
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.9 4.2 3.7 10.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 99% 99% 96%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 44% 16% -10% 34%
AVERAGE LIST PRICE PER SQUARE FOOT 8% 40% 0% 1%
AVERAGE SOLD PRICE 36% 8% -9% 26%
AVERAGE SOLD PRICE PER SQUARE FOOT 7% 30% 1% -1%
TOTAL SFH SOLD -13% -40% -23% 14%
TOTAL SFH FOR SALE AT END OF PERIOD 7% -43% 13% 10%
AVERAGE MONTHLY SUPPLY OF INVENTORY 23% -5% 46% -4%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -5% -7% 1% -6%
(Source: MLS/CLAW)
5
CONDOMINIUM SALES BEL AIR - HOLMBY HILLS
In Bel Air - Holmby Hills there were 13 single family home sales in July 2014, down from 17 in July 2013 and a 18% increase
from the 11 sales closed last month. The average list price for single family home sales in July 2014 was $3,345,308
compared to $3,566,762 for July 2013, representing a 6% decrease. For the three-month period from May to July 2014,
the average list price was 44% higher than the same period of the prior year. Average sales price for July 2014 was
$3,164,615, compared to that of May through July 2014, which was $4,611,349. Comparing July 2014 to June 2014, Bel Air
- Holmby Hills saw a 22% decrease in average sale price, and a 9% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $385,000 $385,000 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $392.46 $392.46 $- $-
AVERAGE SOLD PRICE $365,000 $365,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $372.07 $372.07 $- $-
TOTAL CONDOS SOLD 1 1 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 5 3 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 15.0 9.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 95% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $- $- $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $- $- $- $-
AVERAGE SOLD PRICE $- $- $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $- $- $- $-
TOTAL CONDOS SOLD - - - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 3 2 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 0% 0% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 0% 0% 0% 0%
AVERAGE SOLD PRICE 0% 0% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 0% 0% 0% 0%
TOTAL CONDOS SOLD 0% 0% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 67% 50% 100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 0% 0% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
(Source: MLS/CLAW)
JULY MARKET OVERVIEW
6
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
BEVERLY CENTER - MIRACLE MILE
The Beverly Center-Miracle Mile area of Los Angeles, known for its original
Spanish two-story homes, duplexes and single-family homes, borders the Mid
Los Angeles and Fairfax Districts as well as Hancock Park. The many original
Spanish two-story homes, duplexes and single-family homes make up one of
the city’s most densely populated and commercial sections. The area is home
to the world-famous Los Angeles County Museum of Modern Art (LACMA),
the La Brea Tar Pits and the Petersen Automotive Museum, which all make
up Museum Row. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,491,119 $818,667 $1,592,100 $3,100,000
AVERAGE LIST PRICE PER SQUARE FOOT $688.36 $585.65 $702.52 $-
AVERAGE SOLD PRICE $1,481,215 $804,978 $1,582,746 $3,100,000
AVERAGE SOLD PRICE PER SQUARE FOOT $686.51 $575.85 $701.77 $-
TOTAL SFH SOLD 54 9 44 1
TOTAL SFH FOR SALE AT END OF PERIOD 44 10 32 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 3.3 2.2 6.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 98% 99% 100%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,312,806 $808,412 $1,555,303 $-
AVERAGE LIST PRICE PER SQUARE FOOT $603.97 $468.80 $658.49 $-
AVERAGE SOLD PRICE $1,296,214 $817,708 $1,526,266 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $597.00 $474.19 $646.53 $-
TOTAL SFH SOLD 77 25 52 -
TOTAL SFH FOR SALE AT END OF PERIOD 29 6 22 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.1 0.7 1.3 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 101% 98% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 14% 1% 2% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 14% 25% 7% 0%
AVERAGE SOLD PRICE 14% -2% 4% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 15% 21% 9% 0%
TOTAL SFH SOLD -30% -64% -15% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 52% 67% 45% 100%
AVERAGE MONTHLY SUPPLY OF INVENTORY 116% 363% 72% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% -3% 1% 0%
(Source: MLS/CLAW)
7
CONDOMINIUM SALES
JULY MARKET OVERVIEW
BEVERLY CENTER - MIRACLE MILE
In Beverly Center - Miracle Mile there were 17 single family home sales in July 2014, down from 21 in July 2013 and a
6% increase from the 16 sales closed last month. The average list price for single family home sales in July 2014 was
$1,609,618 compared to $1,453,281 for July 2013, representing an 11% increase. For the three-month period from May to
July 2014, the average list price was 14% higher than the same period of the prior year. Average sales price for July 2014
was $1,603,150, compared to that of May through July 2014, which was $1,481,215. Comparing July 2014 to June 2014,
Beverly Center - Miracle Mile saw a 11% increase in average sale price, and a 13% increase compared to same month of
the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $626,345 $603,117 $1,299,950 $-
AVERAGE LIST PRICE PER SQUARE FOOT $479.68 $469.29 $670.08 $-
AVERAGE SOLD PRICE $611,080 $589,048 $1,250,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $468.49 $458.89 $644.33 $-
TOTAL CONDOS SOLD 30 29 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 23 22 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.3 2.3 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 96% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $572,737 $572,737 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $468.06 $468.06 $- $-
AVERAGE SOLD PRICE $572,395 $572,395 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $467.78 $467.78 $- $-
TOTAL CONDOS SOLD 19 19 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 21 19 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.3 3.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 9% 5% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 2% 0% 0% 0%
AVERAGE SOLD PRICE 7% 3% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 0% -2% 0% 0%
TOTAL CONDOS SOLD 58% 53% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 10% 16% -50% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -31% -24% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -2% -2% 0% 0%
(Source: MLS/CLAW)
8
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
BEVERLY HILLS
Beverly Hill, located within the Golden Triangle, is nestle up against the foothills of the
Santa Monica Mountains on the north side. Beverly Hills is bordered by Westwood
Village and Century City on the west, West Hollywood and Fairfax District on the east,
and Los Angeles City and the 10 freeway on the South. Rodeo Drive between Wilshire
Boulevard and Sunset Boulevard include not only the ultimate shopping mecca,
but an area of large homes referred to as the Flats,. The blocks were designed by
landscape architect William D. Cook, with large lots and wide curving streets lined with
palm, eucalyptus and acacia trees and a three-block 80-foot-wide park running along
Santa Monica Boulevard. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $5,327,814 $- $2,005,429 $8,499,182
AVERAGE LIST PRICE PER SQUARE FOOT $1,297.73 $- $840.62 $1,518.47
AVERAGE SOLD PRICE $5,104,901 $- $2,015,143 $8,054,216
AVERAGE SOLD PRICE PER SQUARE FOOT $1,250.37 $- $844.69 $1,446.28
TOTAL SFH SOLD 43 - 21 22
TOTAL SFH FOR SALE AT END OF PERIOD 68 - 15 53
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.7 - 2.1 7.2
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 0% 100% 95%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $4,694,534 $- $1,747,122 $6,441,148
AVERAGE LIST PRICE PER SQUARE FOOT $1,194.99 $- $748.97 $1,321.91
AVERAGE SOLD PRICE $4,582,995 $- $1,784,444 $6,241,395
AVERAGE SOLD PRICE PER SQUARE FOOT $1,162.33 $- $755.53 $1,278.09
TOTAL SFH SOLD 43 - 16 27
TOTAL SFH FOR SALE AT END OF PERIOD 75 - 15 60
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.2 - 2.8 6.7
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 0% 102% 97%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 13% 0% 15% 32%
AVERAGE LIST PRICE PER SQUARE FOOT 9% 0% 12% 15%
AVERAGE SOLD PRICE 11% 0% 13% 29%
AVERAGE SOLD PRICE PER SQUARE FOOT 8% 0% 12% 13%
TOTAL SFH SOLD 0% 0% 31% -19%
TOTAL SFH FOR SALE AT END OF PERIOD -9% 0% 0% -12%
AVERAGE MONTHLY SUPPLY OF INVENTORY -9% 0% -24% 8%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -2% 0% -2% -2%
(Source: MLS/CLAW)
9
CONDOMINIUM SALES
JULY MARKET OVERVIEW
BEVERLY HILLS
In Beverly Hills there were 12 single family home sales in July 2014, down from 14 in July 2013 and a 8% decrease from the
13 sales closed last month. The average list price for single family home sales in July 2014 was $4,461,250 compared to
$4,900,857 for July 2013, representing a 9% decrease. For the three-month period from May to July 2014, the average list
price was 13% higher than the same period of the prior year. Average sales price for July 2014 was $4,279,500, compared
to that of May through July 2014, which was $5,104,901. Comparing July 2014 to June 2014, Beverly Hills saw a 2%
increase in average sale price, but a 6% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,096,214 $776,840 $1,522,047 $-
AVERAGE LIST PRICE PER SQUARE FOOT $618.67 $531.28 $709.13 $-
AVERAGE SOLD PRICE $1,077,894 $763,865 $1,496,600 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $607.52 $522.41 $695.62 $-
TOTAL CONDOS SOLD 35 20 15 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 44 14 27 3
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.8 2.1 5.4 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 98% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,828,784 $779,304 $1,398,273 $11,453,333
AVERAGE LIST PRICE PER SQUARE FOOT $941.95 $507.46 $632.21 $2,819.86
AVERAGE SOLD PRICE $1,632,192 $757,875 $1,328,182 $9,450,000
AVERAGE SOLD PRICE PER SQUARE FOOT $840.69 $493.51 $600.52 $2,326.63
TOTAL CONDOS SOLD 37 23 11 3
TOTAL CONDOS FOR SALE AT END OF PERIOD 32 15 15 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.6 2.0 4.1 2.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 89% 97% 95% 83%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -40% 0% 9% -100%
AVERAGE LIST PRICE PER SQUARE FOOT -34% 5% 12% -100%
AVERAGE SOLD PRICE -34% 1% 13% -100%
AVERAGE SOLD PRICE PER SQUARE FOOT -28% 6% 16% -100%
TOTAL CONDOS SOLD -5% -13% 36% -100%
TOTAL CONDOS FOR SALE AT END OF PERIOD 38% -7% 80% 50%
AVERAGE MONTHLY SUPPLY OF INVENTORY 45% 7% 32% -100%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 10% 1% 4% -100%
(Source: MLS/CLAW)
10
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
BEVERLY HILLS POST OFFICE
Beverly Hills Post Office is home to grand estates, mansions and large
traditional homes as well as some of the most celebrated gated communities
in the area, including Mulholland Estates, The Summit, Beverly Ridge Estates
and perhaps the most famous, Beverly Park. Lying outside of the City of
Beverly Hills limits, Beverly Hills Post Office is part of Los Angeles, but is
assigned to use the postal services of Beverly Hills, which started in the early
1960s. Within the area some of the most desired grand estates, mansions
and large traditional homes in all of Southern California can be found.CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,622,681 $906,667 $1,832,730 $4,697,416
AVERAGE LIST PRICE PER SQUARE FOOT $794.99 $574.69 $692.63 $945.83
AVERAGE SOLD PRICE $2,547,291 $900,000 $1,802,520 $4,510,719
AVERAGE SOLD PRICE PER SQUARE FOOT $773.28 $570.46 $681.21 $909.38
TOTAL SFH SOLD 40 3 25 12
TOTAL SFH FOR SALE AT END OF PERIOD 101 3 46 52
AVERAGE MONTHLY SUPPLY OF INVENTORY 7.6 3.0 5.5 13.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 99% 98% 96%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,238,883 $781,218 $2,062,500 $6,652,429
AVERAGE LIST PRICE PER SQUARE FOOT $797.45 $381.48 $739.80 $906.89
AVERAGE SOLD PRICE $3,104,601 $743,936 $1,987,898 $6,358,811
AVERAGE SOLD PRICE PER SQUARE FOOT $766.82 $363.28 $711.82 $872.28
TOTAL SFH SOLD 47 7 26 14
TOTAL SFH FOR SALE AT END OF PERIOD 81 4 41 36
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.2 1.7 4.7 7.7
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 95% 96% 96%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -19% 16% -11% -29%
AVERAGE LIST PRICE PER SQUARE FOOT 0% 51% -6% 4%
AVERAGE SOLD PRICE -18% 21% -9% -29%
AVERAGE SOLD PRICE PER SQUARE FOOT 1% 57% -4% 4%
TOTAL SFH SOLD -15% -57% -4% -14%
TOTAL SFH FOR SALE AT END OF PERIOD 25% -25% 12% 44%
AVERAGE MONTHLY SUPPLY OF INVENTORY 47% 75% 17% 69%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 4% 2% 0%
(Source: MLS/CLAW)
11
CONDOMINIUM SALES
JULY MARKET OVERVIEW
BEVERLY HILLS POST OFFICE
In Beverly Hills Post Office there were 14 single family home sales in July 2014, down from 20 in July 2013 and a 27%
increase from the 11 sales closed last month. The average list price for single family home sales in July 2014 was
$3,096,929 compared to $3,594,550 for July 2013, representing a 14% decrease. For the three-month period from May
to July 2014, the average list price was 19% lower than the same period of the prior year. Average sales price for July 2014
was $3,017,643, compared to that of May through July 2014, which was $2,547,291. Comparing July 2014 to June 2014,
Beverly Hills Post Office saw a 23% increase in average sale price, but a 14% decrease compared to same month of the
prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $- $- $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $- $- $- $-
AVERAGE SOLD PRICE $- $- $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $- $- $- $-
TOTAL CONDOS SOLD - - - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $- $- $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $- $- $- $-
AVERAGE SOLD PRICE $- $- $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $- $- $- $-
TOTAL CONDOS SOLD - - - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 0% 0% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 0% 0% 0% 0%
AVERAGE SOLD PRICE 0% 0% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 0% 0% 0% 0%
TOTAL CONDOS SOLD 0% 0% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 0% 0% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 0% 0% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
(Source: MLS/CLAW)
12
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Beverlywood is an upscale neighborhood in Los Angeles strategically placed
near the heart of one of the world’s largest cities, and is the ideal home for
anyone from couples raising families to retirees. The community is friendly
and features tree-lined streets, lush green parks, fancy storefronts, sidewalk
delis and cozy cafes for its residents. Almost all of Beverlywood’s inhabitants
live in single-family homes built between the 1920s and the 1950s, with the
oldest homes in the areas near Beverly Hills. Beverlywood residents enjoy an
upscale community of homes constructed from 1920s through the 1950s. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
BEVERLYWOOD
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,046,111 $745,311 $1,477,693 $-
AVERAGE LIST PRICE PER SQUARE FOOT $574.74 $498.39 $646.39 $-
AVERAGE SOLD PRICE $1,043,277 $743,424 $1,473,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $573.18 $497.13 $644.55 $-
TOTAL SFH SOLD 56 33 23 -
TOTAL SFH FOR SALE AT END OF PERIOD 43 22 20 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.3 2.0 2.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $943,947 $718,556 $1,606,363 $3,800,000
AVERAGE LIST PRICE PER SQUARE FOOT $487.50 $461.39 $558.84 $433.30
AVERAGE SOLD PRICE $940,407 $721,862 $1,630,636 $3,182,400
AVERAGE SOLD PRICE PER SQUARE FOOT $485.37 $463.13 $567.29 $362.87
TOTAL SFH SOLD 57 45 11 1
TOTAL SFH FOR SALE AT END OF PERIOD 33 16 17 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.7 1.1 4.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 102% 84%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 11% 4% -8% -100%
AVERAGE LIST PRICE PER SQUARE FOOT 18% 8% 16% -100%
AVERAGE SOLD PRICE 11% 3% -10% -100%
AVERAGE SOLD PRICE PER SQUARE FOOT 18% 7% 14% -100%
TOTAL SFH SOLD -2% -27% 109% -100%
TOTAL SFH FOR SALE AT END OF PERIOD 30% 38% 18% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 33% 88% -44% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% -1% -2% -100%
(Source: MLS/CLAW)
13
CONDOMINIUM SALES BEVERLYWOOD
JULY MARKET OVERVIEWIn Beverlywood there were 23 single family home sales in July 2014, up from 19 in July 2013 and a 53% increase from
the 15 sales closed last month. The average list price for single family home sales in July 2014 was $1,053,865 almost
matching $1,043,153 for July 2013. For the three-month period from May to July 2014, the average list price was 11%
higher than the same period of the prior year. Average sales price for July 2014 was $1,049,783, compared to that of May
through July 2014, which was $1,043,277. Comparing July 2014 to June 2014, Beverlywood saw a 4% decrease in average
sale price, but was flat compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $634,500 $634,500 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $482.11 $482.11 $- $-
AVERAGE SOLD PRICE $618,808 $618,808 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $470.19 $470.19 $- $-
TOTAL CONDOS SOLD 13 13 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 8 7 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 1.6 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $595,218 $552,106 $1,285,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $414.14 $410.81 $438.57 $-
AVERAGE SOLD PRICE $596,221 $553,172 $1,285,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $414.84 $411.61 $438.57 $-
TOTAL CONDOS SOLD 17 16 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 12 12 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 2.3 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 7% 15% -100% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 16% 17% -100% 0%
AVERAGE SOLD PRICE 4% 12% -100% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 13% 14% -100% 0%
TOTAL CONDOS SOLD -24% -19% -100% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -33% -42% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -13% -28% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% -3% -100% 0%
(Source: MLS/CLAW)
14
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Brentwood is one of the wealthiest areas of Los Angeles, populated by affluent
professionals, political figures and celebrities. Known for its Spanish-style homes,
condos and traditional homes, Brentwood has prosperous commercial districts
along each of its major east-west thoroughfares, Wilshire Boulevard, San Vicente
Boulevard and Sunset Boulevard. The Spanish-style and traditional-style homes
as well as the condos of Brentwood are located at the base of the Santa Monica
Mountains. Brentwood was once part of the Rancho San Vicente y Santa Monica,
a Mexican land-grant ranch sold off in pieces by the Sepulveda family after the
Mexican-American War. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
BRENTWOOD
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $4,048,620 $798,000 $2,041,960 $7,136,103
AVERAGE LIST PRICE PER SQUARE FOOT $1,018.73 $884.70 $743.44 $1,209.45
AVERAGE SOLD PRICE $3,790,089 $798,000 $2,006,674 $6,537,637
AVERAGE SOLD PRICE PER SQUARE FOOT $953.68 $884.70 $730.60 $1,108.02
TOTAL SFH SOLD 73 1 43 29
TOTAL SFH FOR SALE AT END OF PERIOD 72 1 29 42
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 3.0 2.0 4.3
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 94% 100% 98% 92%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,291,988 $880,000 $2,113,816 $5,171,437
AVERAGE LIST PRICE PER SQUARE FOOT $900.30 $596.21 $800.21 $987.11
AVERAGE SOLD PRICE $3,165,272 $970,000 $1,985,458 $5,040,464
AVERAGE SOLD PRICE PER SQUARE FOOT $861.97 $657.18 $747.96 $959.40
TOTAL SFH SOLD 82 1 49 32
TOTAL SFH FOR SALE AT END OF PERIOD 71 - 36 35
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.6 - 2.2 3.3
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 110% 94% 97%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 23% -9% -3% 38%
AVERAGE LIST PRICE PER SQUARE FOOT 13% 48% -7% 23%
AVERAGE SOLD PRICE 20% -18% 1% 30%
AVERAGE SOLD PRICE PER SQUARE FOOT 11% 35% -2% 15%
TOTAL SFH SOLD -11% 0% -12% -9%
TOTAL SFH FOR SALE AT END OF PERIOD 1% 0% -19% 20%
AVERAGE MONTHLY SUPPLY OF INVENTORY 14% 0% -8% 32%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% -9% 5% -6%
(Source: MLS/CLAW)
15
CONDOMINIUM SALES BRENTWOOD
JULY MARKET OVERVIEWIn Brentwood there were 21 single family home sales in July 2014, down from 28 in July 2013 and a 25% decrease from the
28 sales closed last month. The average list price for single family home sales in July 2014 was $3,139,238 compared to
$3,646,214 for July 2013, representing a 14% decrease. For the three-month period from May to July 2014, the average list
price was 23% higher than the same period of the prior year. Average sales price for July 2014 was $3,045,179, compared
to that of May through July 2014, which was $3,790,089. Comparing July 2014 to June 2014, Brentwood saw a 7%
decrease in average sale price, and a 12% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $704,628 $621,389 $1,183,250 $-
AVERAGE LIST PRICE PER SQUARE FOOT $510.72 $504.03 $531.47 $-
AVERAGE SOLD PRICE $696,086 $618,340 $1,143,125 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $504.40 $501.49 $513.45 $-
TOTAL CONDOS SOLD 54 46 8 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 55 40 15 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.1 2.6 5.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 100% 97% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $712,453 $634,672 $1,434,714 $-
AVERAGE LIST PRICE PER SQUARE FOOT $500.46 $485.33 $573.07 $-
AVERAGE SOLD PRICE $713,195 $639,616 $1,396,429 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $501.02 $489.20 $557.77 $-
TOTAL CONDOS SOLD 72 65 7 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 39 26 13 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.6 1.2 5.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 101% 97% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -1% -2% -18% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 2% 4% -7% 0%
AVERAGE SOLD PRICE -2% -3% -18% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 1% 3% -8% 0%
TOTAL CONDOS SOLD -25% -29% 14% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 41% 54% 15% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 88% 117% 1% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -1% -1% 0%
(Source: MLS/CLAW)
16
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Cheviot Hills and Rancho Park are both situated within a short drive of Fox
Studios and Sony Studios. Cheviot Hills provides excellent views of much
of the Los Angeles. Cheviot Hills’ gently rolling hills are reminiscent of the
Cheviot Hills area of Scotland, which is how the area got its name. Rancho
Park, though a small residential neighborhood in West Los Angeles, is one
of the few districts in Los Angeles where fall foliage can be seen. Nestled
between Westwood and Cheviot Hills, Rancho Park is mostly filled with
single-family homes and tree-lined streets. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
CHEVIOT HILLS - RANCHO PARK
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,731,192 $897,000 $1,532,048 $3,681,333
AVERAGE LIST PRICE PER SQUARE FOOT $884.37 $586.27 $805.08 $1,379.29
AVERAGE SOLD PRICE $1,741,673 $907,500 $1,555,167 $3,603,333
AVERAGE SOLD PRICE PER SQUARE FOOT $887.45 $593.14 $814.58 $1,350.07
TOTAL SFH SOLD 26 2 21 3
TOTAL SFH FOR SALE AT END OF PERIOD 16 1 12 3
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 1.5 1.7 3.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 102% 98%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,677,756 $624,450 $1,576,429 $3,795,000
AVERAGE LIST PRICE PER SQUARE FOOT $623.21 $397.61 $605.35 $801.06
AVERAGE SOLD PRICE $1,667,873 $608,763 $1,587,109 $3,575,000
AVERAGE SOLD PRICE PER SQUARE FOOT $619.54 $387.62 $609.46 $754.62
TOTAL SFH SOLD 25 2 21 2
TOTAL SFH FOR SALE AT END OF PERIOD 12 1 10 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.4 1.5 1.4 1.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 97% 101% 94%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 3% 44% -3% -3%
AVERAGE LIST PRICE PER SQUARE FOOT 42% 47% 33% 72%
AVERAGE SOLD PRICE 4% 49% -2% 1%
AVERAGE SOLD PRICE PER SQUARE FOOT 43% 53% 34% 79%
TOTAL SFH SOLD 4% 0% 0% 50%
TOTAL SFH FOR SALE AT END OF PERIOD 33% 0% 20% 200%
AVERAGE MONTHLY SUPPLY OF INVENTORY 28% 0% 20% 100%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 4% 1% 4%
(Source: MLS/CLAW)
17
CONDOMINIUM SALES CHEVIOT HILLS - RANCHO PARK
JULY MARKET OVERVIEWIn Cheviot Hills - Rancho Park there were 7 single family home sales in July 2014, which is the same as July 2013 and a
36% decrease from the 11 sales closed last month. The average list price for single family home sales in July 2014 was
$1,622,286 compared to $2,303,286 for July 2013, representing a 30% decrease. For the three-month period from May
to July 2014, the average list price was 3% higher than the same period of the prior year. Average sales price for July 2014
was $1,617,071, compared to that of May through July 2014, which was $1,741,673. Comparing July 2014 to June 2014,
Cheviot Hills - Rancho Park saw a 16% decrease in average sale price, and a 27% decrease compared to same month of
the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $- $- $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $- $- $- $-
AVERAGE SOLD PRICE $- $- $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $- $- $- $-
TOTAL CONDOS SOLD - - - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $- $- $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $- $- $- $-
AVERAGE SOLD PRICE $- $- $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $- $- $- $-
TOTAL CONDOS SOLD - - - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 1 1 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 0% 0% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 0% 0% 0% 0%
AVERAGE SOLD PRICE 0% 0% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 0% 0% 0% 0%
TOTAL CONDOS SOLD 0% 0% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -100% -100% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 0% 0% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
(Source: MLS/CLAW)
18
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Charming Culver City, with its condos and traditional and Spanish-style homes,
is a town of galleries, shops, cafes and entrepreneurial businesses. Culver City
has been a focal point for motion picture studios since the 1920s and more
recently for television production, having been home to MGM Studios, the
Culver Studios and now Sony Picture Entertainment. Home of the Kirk Douglas
Theatre, Helms Bakeries and the Culver Hotel, Culver City’s condos, traditional
homes and Spanish-style homes offer a combination of urban living and small
town charm. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
CULVER CITY
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $874,145 $763,138 $1,225,667 $-
AVERAGE LIST PRICE PER SQUARE FOOT $548.87 $540.14 $566.94 $-
AVERAGE SOLD PRICE $901,784 $785,571 $1,269,792 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $566.23 $556.02 $587.35 $-
TOTAL SFH SOLD 50 38 12 -
TOTAL SFH FOR SALE AT END OF PERIOD 30 22 8 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 1.7 2.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 103% 104% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $761,737 $711,911 $1,116,750 $-
AVERAGE LIST PRICE PER SQUARE FOOT $481.81 $490.09 $447.48 $-
AVERAGE SOLD PRICE $779,449 $730,898 $1,125,375 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $493.02 $503.16 $450.94 $-
TOTAL SFH SOLD 65 57 8 -
TOTAL SFH FOR SALE AT END OF PERIOD 33 26 7 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.5 1.4 2.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 103% 101% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 15% 7% 10% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 14% 10% 27% 0%
AVERAGE SOLD PRICE 16% 7% 13% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 15% 11% 30% 0%
TOTAL SFH SOLD -23% -33% 50% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -9% -15% 14% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 18% 27% -24% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 0% 3% 0%
(Source: MLS/CLAW)
19
CONDOMINIUM SALES CULVER CITY
JULY MARKET OVERVIEWIn Culver City there were 17 single family home sales in July 2014, down from 26 in July 2013 and a 6% increase from the
16 sales closed last month. The average list price for single family home sales in July 2014 was $878,647 compared to
$782,231 for July 2013, representing a 12% increase. For the three-month period from May to July 2014, the average list
price was 15% higher than the same period of the prior year. Average sales price for July 2014 was $918,806, compared to
that of May through July 2014, which was $901,784. Comparing July 2014 to June 2014, Culver City saw a 3% decrease in
average sale price, but a 16% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $441,287 $441,287 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $395.70 $395.70 $- $-
AVERAGE SOLD PRICE $445,069 $445,069 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $399.09 $399.09 $- $-
TOTAL CONDOS SOLD 71 71 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 35 35 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.5 1.5 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $402,495 $402,495 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $343.41 $343.41 $- $-
AVERAGE SOLD PRICE $417,506 $417,506 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $356.29 $356.29 $- $-
TOTAL CONDOS SOLD 75 75 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 24 24 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.0 1.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 104% 104% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 10% 10% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 15% 15% 0% 0%
AVERAGE SOLD PRICE 7% 7% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 12% 12% 0% 0%
TOTAL CONDOS SOLD -5% -5% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 46% 46% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 54% 54% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% -3% 0% 0%
(Source: MLS/CLAW)
20
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Downtown Los Angeles offers urban living with its condos and lofts, and its
central business district with skyscrapers, multinational corporations, popular
art institutions, public art displays, sightseeing opportunities, sports facilities
and shopping. Home to world-famous establishments like The Walt Disney
Concert Hall, Staples Center, Cathedral of our Lady of the Angels and the
University of Southern California, Downtown Los Angeles borders Lincoln
Heights and the LA River to the east, Hollywood to the north, the Santa Monica
Freeway to the south, and the Harbor Freeway to the west. Perfect for those
seeking condos and lofts. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
DOWNTOWN LOS ANGELES
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $282,307 $282,307 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $198.18 $198.18 $- $-
AVERAGE SOLD PRICE $291,500 $291,500 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $204.64 $204.64 $- $-
TOTAL SFH SOLD 29 29 - -
TOTAL SFH FOR SALE AT END OF PERIOD 29 26 2 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 2.7 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 103% 0% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $242,661 $242,661 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $170.75 $170.75 $- $-
AVERAGE SOLD PRICE $242,481 $242,481 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $170.62 $170.62 $- $-
TOTAL SFH SOLD 28 28 - -
TOTAL SFH FOR SALE AT END OF PERIOD 28 27 - 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 2.9 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 16% 16% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 16% 16% 0% 0%
AVERAGE SOLD PRICE 20% 20% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 20% 20% 0% 0%
TOTAL SFH SOLD 4% 4% 0% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 4% -4% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 0% -7% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 3% 3% 0% 0%
(Source: MLS/CLAW)
21
CONDOMINIUM SALES DOWNTOWN LOS ANGELES
JULY MARKET OVERVIEWIn Downtown L.A. there were 42 condominium sales in July 2014, up from 33 in July 2013 and a 8% increase from the 39
sales closed last month. The average list price for condo sales in July 2014 was $609,090 compared to $541,721 for July
2013, representing a 12% increase. For the three-month period from May to July 2014, the average list price was 4% lower
than the same period of the prior year. Average sales price for July 2014 was $596,905, compared to that of May through
July 2014, which was $591,979. Comparing July 2014 to June 2014, Downtown L.A. saw a 9% increase in average sale
price, and a 11% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $600,058 $550,906 $1,386,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $538.73 $528.87 $611.20 $-
AVERAGE SOLD PRICE $591,979 $545,353 $1,338,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $531.48 $523.54 $589.82 $-
TOTAL CONDOS SOLD 136 128 8 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 111 99 10 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 2.3 3.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 97% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $627,518 $499,008 $2,137,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $537.50 $469.88 $888.13 $-
AVERAGE SOLD PRICE $612,055 $495,762 $1,978,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $524.26 $466.82 $822.06 $-
TOTAL CONDOS SOLD 102 94 8 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 113 90 18 5
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.3 2.9 6.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 93% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -4% 10% -35% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 0% 13% -31% 0%
AVERAGE SOLD PRICE -3% 10% -32% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 1% 12% -28% 0%
TOTAL CONDOS SOLD 33% 36% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -2% 10% -44% -60%
AVERAGE MONTHLY SUPPLY OF INVENTORY -26% -19% -44% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 0% 4% 0%
(Source: MLS/CLAW)
22
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Eagle Rock, a neighborhood of architectural and historic homes, is bordered
by Glendale on the north and west, Highland Park to the southeast, Glassell
Park to the southwest, and Pasadena and South Pasadena on the east. At
certain times of the day on the northern edge of Eagle Rock, an enormous
boulder projects a bird-shaped shadow resembling an eagle in flight, giving
the city its name. Since the 1920s, artists, writers and filmmakers have
moved to the architectural and historic homes of Eagle Rock, with Craftsman,
Georgian, Art Deco and Mission Revival styles.CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
EAGLE ROCK
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $660,219 $634,552 $1,139,333 $-
AVERAGE LIST PRICE PER SQUARE FOOT $423.40 $426.73 $392.78 $-
AVERAGE SOLD PRICE $677,381 $654,535 $1,103,833 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $435.21 $441.16 $380.54 $-
TOTAL SFH SOLD 59 56 3 -
TOTAL SFH FOR SALE AT END OF PERIOD 38 36 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.9 1.9 2.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 103% 97% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $557,190 $557,190 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $393.76 $393.76 $- $-
AVERAGE SOLD PRICE $570,309 $570,309 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $403.03 $403.03 $- $-
TOTAL SFH SOLD 54 54 - -
TOTAL SFH FOR SALE AT END OF PERIOD 36 32 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.0 1.8 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 0% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 18% 14% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 8% 8% 0% 0%
AVERAGE SOLD PRICE 19% 15% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 8% 9% 0% 0%
TOTAL SFH SOLD 9% 4% 0% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 6% 13% -50% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -3% 8% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 1% 0% 0%
(Source: MLS/CLAW)
23
CONDOMINIUM SALES EAGLE ROCK
JULY MARKET OVERVIEWIn Eagle Rock there were 24 single family home sales in July 2014, up from 21 in July 2013 and a 85% increase from the
13 sales closed last month. The average list price for single family home sales in July 2014 was $695,825 compared to
$563,429 for July 2013, representing a 23% increase. For the three-month period from May to July 2014, the average list
price was 18% higher than the same period of the prior year. Average sales price for July 2014 was $703,603, compared
to that of May through July 2014, which was $677,381. Comparing July 2014 to June 2014, Eagle Rock was flat in average
sale price, and a 24% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $369,000 $369,000 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $239.77 $239.77 $- $-
AVERAGE SOLD PRICE $370,000 $370,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $240.42 $240.42 $- $-
TOTAL CONDOS SOLD 1 1 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 1 1 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 3.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $229,000 $229,000 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $205.38 $205.38 $- $-
AVERAGE SOLD PRICE $220,000 $220,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $197.31 $197.31 $- $-
TOTAL CONDOS SOLD 1 1 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 1 1 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 3.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 96% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 61% 61% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 17% 17% 0% 0%
AVERAGE SOLD PRICE 68% 68% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 22% 22% 0% 0%
TOTAL CONDOS SOLD 0% 0% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 0% 0% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 0% 0% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 4% 4% 0% 0%
(Source: MLS/CLAW)
24
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Hancock Park is a historic neighborhood in Los Angeles, which was developed
in the 1920s by the Hancock family with profits earned from oil drilling. The
residential community is centrally located in the city and is bound by Wilshire
Boulevard, Melrose Avenue, Higland Avenue and Rossmore Avenue. Unusual for
most LA neighborhoods, residences in Hancock Park tend to be set back from
the street, most power and telephone lines are buried, and fences are a rarity. It
is located near both the Wilshire Country Club and the Los Angeles Tennis Club.
Hancock Park continues to be one of the most desirable areas in all of Southern
California to live. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
HANCOCK PARK
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,891,382 $785,621 $1,678,140 $5,729,900
AVERAGE LIST PRICE PER SQUARE FOOT $648.63 $397.05 $663.24 $821.34
AVERAGE SOLD PRICE $1,851,833 $773,444 $1,669,229 $5,493,900
AVERAGE SOLD PRICE PER SQUARE FOOT $635.38 $390.89 $661.06 $787.51
TOTAL SFH SOLD 77 27 40 10
TOTAL SFH FOR SALE AT END OF PERIOD 88 32 42 14
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.4 3.6 3.2 4.2
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 99% 96%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,523,333 $785,020 $1,513,453 $4,150,900
AVERAGE LIST PRICE PER SQUARE FOOT $562.54 $424.66 $561.86 $712.11
AVERAGE SOLD PRICE $1,527,096 $801,977 $1,526,734 $4,066,600
AVERAGE SOLD PRICE PER SQUARE FOOT $564.06 $434.60 $566.79 $697.65
TOTAL SFH SOLD 89 35 44 10
TOTAL SFH FOR SALE AT END OF PERIOD 63 17 32 14
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 1.5 2.2 4.2
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 102% 101% 98%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 24% 0% 11% 38%
AVERAGE LIST PRICE PER SQUARE FOOT 15% -7% 18% 15%
AVERAGE SOLD PRICE 21% -4% 9% 35%
AVERAGE SOLD PRICE PER SQUARE FOOT 13% -10% 17% 13%
TOTAL SFH SOLD -13% -23% -9% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 40% 88% 31% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 61% 144% 44% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -2% -4% -1% -2%
(Source: MLS/CLAW)
25
CONDOMINIUM SALES HANCOCK PARK
JULY MARKET OVERVIEWIn Hancock Park - Wilshire there were 30 single family home sales in July 2014, up from 28 in July 2013 and a 36%
increase from the 22 sales closed last month. The average list price for single family home sales in July 2014 was
$1,911,630 compared to $1,461,600 for July 2013, representing a 31% increase. For the three-month period from May to
July 2014, the average list price was 24% higher than the same period of the prior year. Average sales price for July 2014
was $1,893,021, compared to that of May through July 2014, which was $1,851,833. Comparing July 2014 to June 2014,
Hancock Park - Wilshire saw a 5% decrease in average sale price, but a 27% increase compared to same month of the
prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $580,531 $508,230 $2,135,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $445.95 $415.28 $717.04 $-
AVERAGE SOLD PRICE $572,411 $500,546 $2,117,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $439.71 $409.00 $711.17 $-
TOTAL CONDOS SOLD 45 43 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 51 45 6 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.4 3.1 9.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 98% 99% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $505,912 $472,891 $1,447,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $409.47 $396.62 $586.54 $-
AVERAGE SOLD PRICE $495,998 $463,840 $1,412,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $401.45 $389.02 $572.56 $-
TOTAL CONDOS SOLD 59 57 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 62 59 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.2 3.1 4.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 98% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 15% 7% 48% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 9% 5% 22% 0%
AVERAGE SOLD PRICE 15% 8% 50% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 10% 5% 24% 0%
TOTAL CONDOS SOLD -24% -25% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -18% -24% 100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 8% 1% 100% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 0% 2% 0%
(Source: MLS/CLAW)
26
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Hollywood puts you right in one of the most desirable districts of Los Angeles real
estate. Hollywood’s fame is rooted in its cultural identity, peerless entertainment
industry and historical significance as the origin of American cinema. Hollywood
is consistently the host of major events such as the Academy Awards and is
the paramount tourist attraction with Hollywood Boulevard, the Walk of Fame
and the Hollywood Bowl. From the red carpet to Hollywood’s 130-acre national
park, Runyon Canyon, this vibrant community radiates its authentic prestige.
Hollywood homes and estates are some of the most luxurious in all of California.
CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
HOLLYWOOD
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $971,783 $646,786 $1,477,333 $-
AVERAGE LIST PRICE PER SQUARE FOOT $534.76 $447.23 $617.01 $-
AVERAGE SOLD PRICE $961,298 $657,979 $1,433,127 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $528.99 $454.97 $598.55 $-
TOTAL SFH SOLD 23 14 9 -
TOTAL SFH FOR SALE AT END OF PERIOD 26 20 5 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.4 4.3 1.7 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 102% 97% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $683,180 $609,108 $1,535,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $459.77 $420.78 $756.34 $-
AVERAGE SOLD PRICE $684,248 $613,748 $1,495,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $460.19 $423.84 $736.63 $-
TOTAL SFH SOLD 25 23 2 -
TOTAL SFH FOR SALE AT END OF PERIOD 14 10 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.7 1.3 6.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 101% 97% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 42% 6% -4% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 16% 6% -18% 0%
AVERAGE SOLD PRICE 40% 7% -4% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 15% 7% -19% 0%
TOTAL SFH SOLD -8% -39% 350% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 86% 100% 25% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 102% 229% -72% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% 1% 0% 0%
(Source: MLS/CLAW)
27
CONDOMINIUM SALES HOLLYWOOD
JULY MARKET OVERVIEWIn Hollywood there were 16 condominium sales in July 2014, up from 10 in July 2013 and a 11% decrease from the 18 sales
closed last month. The average list price for condo sales in July 2014 was $617,825 compared to $525,800 for July 2013,
representing an 18% increase. For the three-month period from May to July 2014, the average list price was 24% higher
than the same period of the prior year. Average sales price for July 2014 was $611,869, compared to that of May through
July 2014, which was $704,790. Comparing July 2014 to June 2014, Hollywood saw a 4% decrease in average sale price,
but a 15% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $716,579 $516,011 $1,541,139 $-
AVERAGE LIST PRICE PER SQUARE FOOT $574.79 $496.48 $729.90 $-
AVERAGE SOLD PRICE $704,790 $511,868 $1,497,917 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $565.38 $492.65 $709.43 $-
TOTAL CONDOS SOLD 46 37 9 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 26 20 6 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.7 1.6 2.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 97% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $578,469 $530,280 $1,349,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $456.72 $430.78 $723.59 $-
AVERAGE SOLD PRICE $576,809 $528,516 $1,349,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $455.38 $429.31 $723.59 $-
TOTAL CONDOS SOLD 34 32 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 37 28 7 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.3 2.6 10.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 24% -3% 14% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 26% 15% 1% 0%
AVERAGE SOLD PRICE 22% -3% 11% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 24% 15% -2% 0%
TOTAL CONDOS SOLD 35% 16% 350% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -30% -29% -14% -100%
AVERAGE MONTHLY SUPPLY OF INVENTORY -48% -38% -81% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% 0% -3% 0%
(Source: MLS/CLAW)
28
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Hollywood Hills real estate means breathtaking homes in a sought-after neighborhood
of Los Angeles. It is located overlooking the city in the southeastern Santa Monica
Mountains. High above the city, the views of Downtown Los Angeles and the Pacific,
and the calm and serenity that can be found there make the Hills a draw for many
celebrities and non-celebrities alike. A number of Hollywood Hills homes can be found
on the Bird Streets above the Sunset Strip, Laurel Canyon and Beachwood Canyon.
Mulholland Drive, famed on its own, can be found along the top of the Hills. Homes
here can range from Mid-Century masterpieces to stunning modern Architectural to
traditional hillside. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
HOLLYWOOD HILLS EAST
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,234,027 $820,072 $1,412,862 $3,499,000
AVERAGE LIST PRICE PER SQUARE FOOT $533.25 $472.07 $540.40 $841.92
AVERAGE SOLD PRICE $1,218,753 $805,972 $1,393,712 $3,575,000
AVERAGE SOLD PRICE PER SQUARE FOOT $527.36 $464.58 $533.79 $860.20
TOTAL SFH SOLD 48 18 29 1
TOTAL SFH FOR SALE AT END OF PERIOD 61 17 41 3
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.8 2.8 4.2 9.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 98% 99% 102%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,058,335 $803,979 $1,397,476 $-
AVERAGE LIST PRICE PER SQUARE FOOT $456.51 $437.79 $472.74 $-
AVERAGE SOLD PRICE $1,070,929 $803,523 $1,427,470 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $461.76 $437.55 $482.75 $-
TOTAL SFH SOLD 49 28 21 -
TOTAL SFH FOR SALE AT END OF PERIOD 46 11 32 3
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 1.2 4.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 100% 102% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 17% 2% 1% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 17% 8% 14% 0%
AVERAGE SOLD PRICE 14% 0% -2% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 14% 6% 11% 0%
TOTAL SFH SOLD -2% -36% 38% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 33% 55% 28% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 35% 140% -7% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -2% -2% -3% 0%
(Source: MLS/CLAW)
29
CONDOMINIUM SALES HOLLYWOOD HILLS EAST
JULY MARKET OVERVIEWIn Hollywood Hills East there were 20 single family home sales in July 2014, up from 8 in July 2013 and a 33% increase
from the 15 sales closed last month. The average list price for single family home sales in July 2014 was $1,224,115
compared to $1,089,000 for July 2013, representing a 12% increase. For the three-month period from May to July
2014, the average list price was 17% higher than the same period of the prior year. Average sales price for July 2014
was $1,203,675, compared to that of May through July 2014, which was $1,218,753. Comparing July 2014 to June 2014,
Hollywood Hills East saw a 7% decrease in average sale price, but a 9% increase compared to same month of the
prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $422,533 $422,533 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $399.03 $399.03 $- $-
AVERAGE SOLD PRICE $415,500 $415,500 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $392.39 $392.39 $- $-
TOTAL CONDOS SOLD 9 9 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 9 8 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 2.7 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $431,217 $431,217 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $364.39 $364.39 $- $-
AVERAGE SOLD PRICE $435,397 $435,397 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $367.92 $367.92 $- $-
TOTAL CONDOS SOLD 10 10 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 4 4 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.2 1.2 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -2% -2% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 10% 10% 0% 0%
AVERAGE SOLD PRICE -5% -5% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 7% 7% 0% 0%
TOTAL CONDOS SOLD -10% -10% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 125% 100% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 150% 122% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% -3% 0% 0%
(Source: MLS/CLAW)
30
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Richly immersed with history dating back to the nineteenth century, Los
Feliz is located just south of the Santa Monica Mountains and is adjacent to
Hollywood. The area features the Griffith Observatory, the Greek Theatre,
and the Los Angeles Zoo. Los Feliz homes offer a welcoming and cohesive
community recognized for its chic sophistication. Historic and noted
homes can be found throughout Los Feliz, which has an enclave of celebrity
residents. Los Feliz is known for its grand Spanish estates, charming California
bungalows and many original craftsman homes.
CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
LOS FELIZ
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,394,536 $728,794 $1,568,402 $3,512,500
AVERAGE LIST PRICE PER SQUARE FOOT $626.01 $533.63 $613.68 $887.44
AVERAGE SOLD PRICE $1,392,985 $742,043 $1,565,868 $3,430,000
AVERAGE SOLD PRICE PER SQUARE FOOT $625.92 $544.81 $613.49 $866.60
TOTAL SFH SOLD 76 25 47 4
TOTAL SFH FOR SALE AT END OF PERIOD 64 17 38 9
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.5 2.0 2.4 6.8
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 102% 100% 98%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,232,738 $704,935 $1,554,243 $3,975,333
AVERAGE LIST PRICE PER SQUARE FOOT $557.86 $531.64 $542.59 $786.05
AVERAGE SOLD PRICE $1,243,239 $717,775 $1,572,677 $3,833,333
AVERAGE SOLD PRICE PER SQUARE FOOT $562.61 $541.33 $549.03 $757.98
TOTAL SFH SOLD 91 43 45 3
TOTAL SFH FOR SALE AT END OF PERIOD 40 9 22 9
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.3 0.6 1.5 9.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 102% 101% 96%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 13% 3% 1% -12%
AVERAGE LIST PRICE PER SQUARE FOOT 12% 0% 13% 13%
AVERAGE SOLD PRICE 12% 3% 0% -11%
AVERAGE SOLD PRICE PER SQUARE FOOT 11% 1% 12% 14%
TOTAL SFH SOLD -16% -42% 4% 33%
TOTAL SFH FOR SALE AT END OF PERIOD 60% 89% 73% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 92% 225% 65% -25%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% 0% -1% 1%
(Source: MLS/CLAW)
31
CONDOMINIUM SALES LOS FELIZ
JULY MARKET OVERVIEWIn Los Feliz there were 24 single family home sales in July 2014, down from 33 in July 2013 and a similar performance from
the 24 sales closed last month. The average list price for single family home sales in July 2014 was $1,345,033 compared
to $1,250,864 for July 2013, representing an 8% increase. For the three-month period from May to July 2014, the average
list price was 13% higher than the same period of the prior year. Average sales price for July 2014 was $1,329,354,
compared to that of May through July 2014, which was $1,392,985. Comparing July 2014 to June 2014, Los Feliz saw a
14% decrease in average sale price, but a 6% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $457,595 $457,595 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $433.16 $433.16 $- $-
AVERAGE SOLD PRICE $471,200 $471,200 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $446.04 $446.04 $- $-
TOTAL CONDOS SOLD 10 10 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 6 6 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 1.8 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 103% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $360,714 $360,714 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $363.41 $363.41 $- $-
AVERAGE SOLD PRICE $372,786 $372,786 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $375.58 $375.58 $- $-
TOTAL CONDOS SOLD 7 7 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 1 1 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 0.4 0.4 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 103% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 27% 27% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 19% 19% 0% 0%
AVERAGE SOLD PRICE 26% 26% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 19% 19% 0% 0%
TOTAL CONDOS SOLD 43% 43% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 500% 500% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 320% 320% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
(Source: MLS/CLAW)
32
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Few names can evoke visions of beach living and casual elegance as readily as
Malibu, California. Embracing nearly 27 miles of gorgeous California coastline,
Malibu has long been home to some of the most influential people in the world.
The terrain varies widely, and some of Malibu’s famous beaches and surf
spots include Surfrider Beach, Zuma Beach and Le Carrillo Beach. Ocean-side
dining, boutique shops and gorgeous beaches combine to create the unique
lifestyle that exemplifies living in a Malibu home. Sotheby’s International
Realty, Inc provides some breathtaking Malibu properties with oceanfront and
spectacular beach views. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
MALIBU
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,936,750 $869,000 $2,122,137 $5,056,176
AVERAGE LIST PRICE PER SQUARE FOOT $890.67 $465.35 $773.52 $1,054.07
AVERAGE SOLD PRICE $2,800,305 $828,507 $2,027,375 $4,814,762
AVERAGE SOLD PRICE PER SQUARE FOOT $851.61 $448.03 $741.85 $1,005.32
TOTAL SFH SOLD 52 6 29 17
TOTAL SFH FOR SALE AT END OF PERIOD 179 6 83 90
AVERAGE MONTHLY SUPPLY OF INVENTORY 10.3 3.0 8.6 15.9
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 95% 96% 95%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,728,194 $846,750 $1,907,747 $5,948,282
AVERAGE LIST PRICE PER SQUARE FOOT $766.66 $396.88 $666.55 $954.89
AVERAGE SOLD PRICE $2,592,487 $842,500 $1,829,274 $5,587,868
AVERAGE SOLD PRICE PER SQUARE FOOT $728.53 $394.89 $639.13 $897.03
TOTAL SFH SOLD 49 4 34 11
TOTAL SFH FOR SALE AT END OF PERIOD 181 10 75 96
AVERAGE MONTHLY SUPPLY OF INVENTORY 11.1 7.5 6.6 26.2
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 99% 96% 94%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 8% 3% 11% -15%
AVERAGE LIST PRICE PER SQUARE FOOT 16% 17% 16% 10%
AVERAGE SOLD PRICE 8% -2% 11% -14%
AVERAGE SOLD PRICE PER SQUARE FOOT 17% 13% 16% 12%
TOTAL SFH SOLD 6% 50% -15% 55%
TOTAL SFH FOR SALE AT END OF PERIOD -1% -40% 11% -6%
AVERAGE MONTHLY SUPPLY OF INVENTORY -7% -60% 30% -39%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% -4% 0% 1%
(Source: MLS/CLAW)
33
CONDOMINIUM SALES MALIBU
JULY MARKET OVERVIEWIn Malibu there were 20 single family home sales in July 2014, down from 22 in July 2013 and a 43% increase from the
14 sales closed last month. The average list price for single family home sales in July 2014 was $3,024,259 compared to
$2,690,391 for July 2013, representing a 12% increase. For the three-month period from May to July 2014, the average list
price was 8% higher than the same period of the prior year. Average sales price for July 2014 was $2,914,245, compared
to that of May through July 2014, which was $2,800,305. Comparing July 2014 to June 2014, Malibu saw a 16% increase
in average sale price, and a 14% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $798,907 $723,759 $1,099,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $568.37 $591.00 $516.32 $-
AVERAGE SOLD PRICE $750,150 $678,313 $1,037,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $533.69 $553.89 $487.20 $-
TOTAL CONDOS SOLD 10 8 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 19 11 8 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.7 4.1 12.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 94% 94% 94% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $714,992 $602,490 $1,277,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $507.00 $496.00 $534.97 $-
AVERAGE SOLD PRICE $679,325 $575,190 $1,200,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $481.71 $473.52 $502.51 $-
TOTAL CONDOS SOLD 12 10 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 11 8 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 2.4 4.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 95% 94% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 12% 20% -14% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 12% 19% -3% 0%
AVERAGE SOLD PRICE 10% 18% -14% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 11% 17% -3% 0%
TOTAL CONDOS SOLD -17% -20% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 73% 38% 167% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 107% 72% 167% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -2% 0% 0%
(Source: MLS/CLAW)
34
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Where the majestic Pacific meets golden sands, Malibu Beach is conveniently
located within short drives of Santa Monica, Beverly Hills and Los Angeles
International Airport. The area’s beachfront properties, vineyards and
ranches are the destination for some of the most influential people, seeking
a unique supply of Malibu Beach real estate. Malibu Beach offers the best of
the best, from luxurious beachfront properties on the sand to extraordinary
estates, mansions, vineyards, and ranches on the bluffs overlooking the
Pacific Ocean and lining the hillsides with views of the Channel Islands
offshore. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
MALIBU BEACH
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $5,845,944 $- $1,874,500 $7,831,667
AVERAGE LIST PRICE PER SQUARE FOOT $1,886.10 $- $1,330.69 $2,012.25
AVERAGE SOLD PRICE $5,886,111 $- $1,818,333 $7,920,000
AVERAGE SOLD PRICE PER SQUARE FOOT $1,737.69 $- $1,290.82 $1,839.19
TOTAL SFH SOLD 9 - 3 6
TOTAL SFH FOR SALE AT END OF PERIOD 69 - 10 59
AVERAGE MONTHLY SUPPLY OF INVENTORY 23.0 - 10.0 29.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 0% 97% 101%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,840,000 $- $2,265,000 $5,730,000
AVERAGE LIST PRICE PER SQUARE FOOT $1,984.51 $- $1,254.97 $2,737.12
AVERAGE SOLD PRICE $3,647,841 $- $2,161,875 $5,431,000
AVERAGE SOLD PRICE PER SQUARE FOOT $1,868.35 $- $1,174.48 $2,584.16
TOTAL SFH SOLD 11 - 6 5
TOTAL SFH FOR SALE AT END OF PERIOD 69 - 9 60
AVERAGE MONTHLY SUPPLY OF INVENTORY 18.8 - 4.5 36.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 0% 95% 95%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 52% 0% -17% 37%
AVERAGE LIST PRICE PER SQUARE FOOT -5% 0% 6% -26%
AVERAGE SOLD PRICE 61% 0% -16% 46%
AVERAGE SOLD PRICE PER SQUARE FOOT -7% 0% 10% -29%
TOTAL SFH SOLD -18% 0% -50% 20%
TOTAL SFH FOR SALE AT END OF PERIOD 0% 0% 11% -2%
AVERAGE MONTHLY SUPPLY OF INVENTORY 22% 0% 122% -18%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 6% 0% 2% 7%
(Source: MLS/CLAW)
35
CONDOMINIUM SALES MALIBU BEACH
JULY MARKET OVERVIEWIn Malibu Beach there were 2 single family home sales in July 2014, down from 4 in July 2013 and a 67% decrease from the
6 sales closed last month. The average list price for single family home sales in July 2014 was $5,922,500 compared to
$4,173,750 for July 2013, representing a 42% increase. For the three-month period from May to July 2014, the average list
price was 52% higher than the same period of the prior year. Average sales price for July 2014 was $4,845,000, compared
to that of May through July 2014, which was $5,886,111. Comparing July 2014 to June 2014, Malibu Beach saw a 13%
decrease in average sale price, but a 23% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $859,786 $770,583 $1,395,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $900.84 $835.32 $1,217.28 $-
AVERAGE SOLD PRICE $792,143 $710,000 $1,285,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $829.97 $769.65 $1,121.29 $-
TOTAL CONDOS SOLD 7 6 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 18 11 5 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 7.7 5.5 15.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 92% 92% 92% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $833,780 $737,644 $1,699,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $832.78 $787.71 $1,072.60 $-
AVERAGE SOLD PRICE $795,600 $713,444 $1,535,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $794.65 $761.87 $969.07 $-
TOTAL CONDOS SOLD 10 9 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 11 7 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.3 2.3 12.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 97% 90% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 3% 4% -18% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 8% 6% 13% 0%
AVERAGE SOLD PRICE 0% 0% -16% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 4% 1% 16% 0%
TOTAL CONDOS SOLD -30% -33% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 64% 57% 25% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 134% 136% 25% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% -5% 2% 0%
(Source: MLS/CLAW)
36
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
With its blue waters and gleaming boats, sitting in the world’s largest manmade small-
craft harbor, Marina del Rey is an oasis of leisure and elegance in sunny Southern
California. Offering relaxing and beautiful views of the Pacific, Marina del Rey is home
to both estates and beach condominiums, and has access to boating, sailing, fishing
and a variety of water sports. Marina Del Rey is conveniently located five miles from
Los Angeles International Airport and just minutes from the San Diego and Marina
freeways. Adjacent to Venice Beach and Santa Monica, Marina Del Rey is also close
to major shopping malls, movie theaters, Hollywood, Beverly Hills and Downtown Los
Angeles. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
MARINA DEL REY
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,900,564 $756,300 $1,932,667 $3,472,500
AVERAGE LIST PRICE PER SQUARE FOOT $630.85 $796.66 $611.92 $633.21
AVERAGE SOLD PRICE $1,876,786 $839,333 $1,925,111 $3,215,500
AVERAGE SOLD PRICE PER SQUARE FOOT $622.43 $884.13 $609.15 $586.34
TOTAL SFH SOLD 14 3 9 2
TOTAL SFH FOR SALE AT END OF PERIOD 18 2 13 3
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.9 2.0 4.3 4.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 111% 100% 93%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,642,900 $734,500 $1,870,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $633.37 $494.95 $651.26 $-
AVERAGE SOLD PRICE $1,600,686 $749,500 $1,813,482 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $617.10 $505.05 $631.57 $-
TOTAL SFH SOLD 10 2 8 -
TOTAL SFH FOR SALE AT END OF PERIOD 12 - 6 6
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.6 - 2.3 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 102% 97% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 16% 3% 3% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 0% 61% -6% 0%
AVERAGE SOLD PRICE 17% 12% 6% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 1% 75% -4% 0%
TOTAL SFH SOLD 40% 50% 13% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 50% 0% 117% -50%
AVERAGE MONTHLY SUPPLY OF INVENTORY 7% 0% 93% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 9% 3% 0%
(Source: MLS/CLAW)
37
CONDOMINIUM SALES MARINA DEL REY
JULY MARKET OVERVIEWIn Marina Del Rey there were 38 condominium sales in July 2014, down from 39 in July 2013 and a 19% increase from the
32 sales closed last month. The average list price for condo sales in July 2014 was $875,151 compared to $1,009,849 for
July 2013, representing a 13% decrease. For the three-month period from May to July 2014, the average list price was
1% lower than the same period of the prior year. Average sales price for July 2014 was $854,595, compared to that of
May through July 2014, which was $880,643. Comparing July 2014 to June 2014, Marina Del Rey saw a 11% decrease in
average sale price, and a 14% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $901,647 $720,537 $1,444,980 $-
AVERAGE LIST PRICE PER SQUARE FOOT $558.22 $470.48 $786.43 $-
AVERAGE SOLD PRICE $880,643 $715,978 $1,374,640 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $545.30 $467.51 $747.63 $-
TOTAL CONDOS SOLD 100 75 25 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 84 49 33 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.5 2.0 4.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 95% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $910,489 $669,534 $1,666,750 $3,375,000
AVERAGE LIST PRICE PER SQUARE FOOT $546.55 $442.23 $775.92 $1,084.86
AVERAGE SOLD PRICE $894,020 $668,400 $1,597,236 $3,300,000
AVERAGE SOLD PRICE PER SQUARE FOOT $536.66 $441.48 $743.56 $1,060.75
TOTAL CONDOS SOLD 94 73 20 1
TOTAL CONDOS FOR SALE AT END OF PERIOD 86 45 37 4
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.7 1.8 5.6 12.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 100% 96% 98%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -1% 8% -13% -100%
AVERAGE LIST PRICE PER SQUARE FOOT 2% 6% 1% -100%
AVERAGE SOLD PRICE -1% 7% -14% -100%
AVERAGE SOLD PRICE PER SQUARE FOOT 2% 6% 1% -100%
TOTAL CONDOS SOLD 6% 3% 25% -100%
TOTAL CONDOS FOR SALE AT END OF PERIOD -2% 9% -11% -50%
AVERAGE MONTHLY SUPPLY OF INVENTORY -8% 6% -29% -100%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% 0% -1% -100%
(Source: MLS/CLAW)
38
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Mid Los Angeles is a district in Los Angeles, California, known for its
Spanish-style and traditional residences, as well as duplex properties. 2.5
miles south of Hollywood and 3.5 miles west of downtown Los Angeles,
Mid Los Angeles contains Brookside, Crestview, Fremont Place, Lafayette
Square, Little Ethiopia, Picfair Village and Victoria Park. Mid Los Angeles is
a great neighborhood, centrally located, great commercial and recreational
opportunities and close to all.CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
MID LOS ANGELES
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $483,352 $460,953 $895,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $310.04 $300.53 $442.88 $-
AVERAGE SOLD PRICE $503,294 $459,207 $1,314,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $322.84 $299.39 $650.10 $-
TOTAL SFH SOLD 97 92 5 -
TOTAL SFH FOR SALE AT END OF PERIOD 89 83 6 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 2.7 3.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 104% 100% 147% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $456,670 $409,720 $1,283,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $272.83 $260.62 $370.32 $-
AVERAGE SOLD PRICE $469,928 $423,946 $1,279,200 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $280.75 $269.67 $369.22 $-
TOTAL SFH SOLD 93 88 5 -
TOTAL SFH FOR SALE AT END OF PERIOD 75 68 7 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 2.3 4.2 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 103% 100% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 6% 13% -30% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 14% 15% 20% 0%
AVERAGE SOLD PRICE 7% 8% 3% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 15% 11% 76% 0%
TOTAL SFH SOLD 4% 5% 0% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 19% 22% -14% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 14% 17% -14% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% -4% 47% 0%
(Source: MLS/CLAW)
39
CONDOMINIUM SALES MID LOS ANGELES
JULY MARKET OVERVIEWIn Mid Los Angeles there were 31 single family home sales in July 2014, up from 30 in July 2013 and a 3% increase from
the 30 sales closed last month. The average list price for single family home sales in July 2014 was $455,842 almost
matching $458,387 for July 2013. For the three-month period from May to July 2014, the average list price was 6% higher
than the same period of the prior year. Average sales price for July 2014 was $451,197, compared to that of May through
July 2014, which was $503,294. Comparing July 2014 to June 2014, Mid Los Angeles saw a 21% decrease in average sale
price, and a 5% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $325,950 $325,950 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $257.77 $257.77 $- $-
AVERAGE SOLD PRICE $323,000 $323,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $255.44 $255.44 $- $-
TOTAL CONDOS SOLD 4 4 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 2 2 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.5 1.5 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $229,967 $229,967 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $277.40 $277.40 $- $-
AVERAGE SOLD PRICE $235,000 $235,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $283.47 $283.47 $- $-
TOTAL CONDOS SOLD 3 3 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 1 1 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.0 1.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 42% 42% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -7% -7% 0% 0%
AVERAGE SOLD PRICE 37% 37% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -10% -10% 0% 0%
TOTAL CONDOS SOLD 33% 33% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 100% 100% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 50% 50% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% -3% 0% 0%
(Source: MLS/CLAW)
40
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Mid Wilshire, also known as Midtown, contains neighborhoods like Hancock
Park, Windsor Square, Carthay Circle and Lafayette Square. Mid Wilshire
offers some of Los Angeles’s most magnificent residential architecture,
primarily in traditional city neighborhood settings. Mid Wilshire contains
Little Ethiopia, Miracle Mile, Park La Brea, Park Mile and Wilshire Vista, all
known for the area’s stunning residential architecture. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
MID WILSHIRE
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $713,900 $696,308 $925,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $330.34 $325.04 $387.52 $-
AVERAGE SOLD PRICE $709,077 $684,000 $1,010,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $328.11 $319.29 $423.13 $-
TOTAL SFH SOLD 13 12 1 -
TOTAL SFH FOR SALE AT END OF PERIOD 17 14 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.9 3.5 9.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 98% 109% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $471,317 $471,317 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $270.59 $270.59 $- $-
AVERAGE SOLD PRICE $515,000 $515,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $295.67 $295.67 $- $-
TOTAL SFH SOLD 6 6 - -
TOTAL SFH FOR SALE AT END OF PERIOD 16 13 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 8.0 6.5 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 109% 109% 0% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 51% 48% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 22% 20% 0% 0%
AVERAGE SOLD PRICE 38% 33% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 11% 8% 0% 0%
TOTAL SFH SOLD 117% 100% 0% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 6% 8% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -51% -46% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -9% -10% 0% 0%
(Source: MLS/CLAW)
41
CONDOMINIUM SALES MID WILSHIRE
JULY MARKET OVERVIEWIn Mid Wilshire there were 16 condominium sales in July 2014, down from 23 in July 2013 and a 16% decrease from the 19
sales closed last month. The average list price for condo sales in July 2014 was $547,550 compared to $409,161 for July
2013, representing a 34% increase. For the three-month period from May to July 2014, the average list price was 15%
higher than the same period of the prior year. Average sales price for July 2014 was $522,475, compared to that of May
through July 2014, which was $486,280. Comparing July 2014 to June 2014, Mid Wilshire saw a 30% increase in average
sale price, and a 27% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $501,916 $466,241 $2,250,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $424.16 $406.90 $745.03 $-
AVERAGE SOLD PRICE $486,280 $457,429 $1,900,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $410.95 $399.21 $629.14 $-
TOTAL CONDOS SOLD 50 49 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 46 43 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 2.6 9.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 98% 84% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $437,849 $416,528 $1,845,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $379.57 $368.93 $651.94 $-
AVERAGE SOLD PRICE $436,785 $415,448 $1,845,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $378.94 $368.28 $651.94 $-
TOTAL CONDOS SOLD 67 66 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 61 59 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.7 2.7 6.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 15% 12% 22% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 12% 10% 14% 0%
AVERAGE SOLD PRICE 11% 10% 3% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 8% 8% -3% 0%
TOTAL CONDOS SOLD -25% -26% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -25% -27% 50% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 1% -2% 50% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% -2% -16% 0%
(Source: MLS/CLAW)
42
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Founded in 1909, Mount Washington is located on the eastside of Los Angeles
neighboring Glassell Park, Eagle Rock, Highland Park and Montecito Heights
and its close proximity to both Pasadena and Downtown Los Angeles have
made it popular for homebuyers. It is known for the many 1950s and 1960s
modernist homes that can be found here. Recently the area has become a
more affordable alternative to the more pricey Westside.
CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
MOUNT WASHINGTON
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $649,741 $621,754 $1,167,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $412.01 $444.46 $241.27 $-
AVERAGE SOLD PRICE $668,115 $639,905 $1,190,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $423.99 $457.82 $245.92 $-
TOTAL SFH SOLD 39 37 2 -
TOTAL SFH FOR SALE AT END OF PERIOD 36 34 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 2.8 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 103% 102% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $594,550 $559,310 $1,052,667 $-
AVERAGE LIST PRICE PER SQUARE FOOT $355.09 $349.16 $402.24 $-
AVERAGE SOLD PRICE $611,966 $577,758 $1,056,667 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $365.49 $360.68 $403.77 $-
TOTAL SFH SOLD 42 39 3 -
TOTAL SFH FOR SALE AT END OF PERIOD 30 26 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 2.0 4.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 103% 100% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 9% 11% 11% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 16% 27% -40% 0%
AVERAGE SOLD PRICE 9% 11% 13% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 16% 27% -39% 0%
TOTAL SFH SOLD -7% -5% -33% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 20% 31% -50% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 29% 38% -25% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 2% 0%
(Source: MLS/CLAW)
43
CONDOMINIUM SALES MOUNT WASHINGTON
JULY MARKET OVERVIEWIn Mount Washington there were 14 single family home sales in July 2014, down from 15 in July 2013 and a 40% increase
from the 10 sales closed last month. The average list price for single family home sales in July 2014 was $678,136
compared to $619,593 for July 2013, representing a 9% increase. For the three-month period from May to July 2014, the
average list price was 9% higher than the same period of the prior year. Average sales price for July 2014 was $678,286,
compared to that of May through July 2014, which was $668,115. Comparing July 2014 to June 2014, Mount Washington
saw a 8% increase in average sale price, and a 5% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $- $- $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $- $- $- $-
AVERAGE SOLD PRICE $- $- $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $- $- $- $-
TOTAL CONDOS SOLD - - - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $- $- $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $- $- $- $-
AVERAGE SOLD PRICE $- $- $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $- $- $- $-
TOTAL CONDOS SOLD - - - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 0% 0% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 0% 0% 0% 0%
AVERAGE SOLD PRICE 0% 0% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 0% 0% 0% 0%
TOTAL CONDOS SOLD 0% 0% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 0% 0% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 0% 0% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
(Source: MLS/CLAW)
44
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Among Los Angeles’ most desired neighborhoods, Pacific Palisades sits against a
stunning backdrop with views of the Santa Monica mountains, the Pacific Coast,
and several canyons that run between them. Pacific Palisades is home to the well-
known J. Paul Getty Villa museum and beautiful parks offering sporting activities and
breathtaking views including Topanga Canyon State Park, Will Rogers State Historic
Park and Polo Club, and Rustin Canyon Park, as well as community events such as the
annual parade and fireworks display. Pacific Palisades offers sophisticated traditional
estates, dramatic architectural residences, custom-built properties and inviting
homes close to Palisades Village. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
PACIFIC PALISADES
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,238,050 $- $2,118,273 $4,637,771
AVERAGE LIST PRICE PER SQUARE FOOT $919.87 $- $867.19 $951.37
AVERAGE SOLD PRICE $3,172,400 $- $2,110,271 $4,500,061
AVERAGE SOLD PRICE PER SQUARE FOOT $901.26 $- $862.67 $924.34
TOTAL SFH SOLD 108 - 60 48
TOTAL SFH FOR SALE AT END OF PERIOD 75 - 32 43
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 - 1.6 2.7
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 0% 100% 97%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,871,519 $699,000 $1,928,756 $6,050,680
AVERAGE LIST PRICE PER SQUARE FOOT $811.08 $607.83 $685.46 $1,006.56
AVERAGE SOLD PRICE $2,790,895 $610,000 $1,930,352 $5,700,714
AVERAGE SOLD PRICE PER SQUARE FOOT $786.57 $530.43 $686.35 $943.30
TOTAL SFH SOLD 108 1 82 25
TOTAL SFH FOR SALE AT END OF PERIOD 75 - 36 39
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 - 1.3 4.7
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 87% 100% 94%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 13% -100% 10% -23%
AVERAGE LIST PRICE PER SQUARE FOOT 13% -100% 27% -5%
AVERAGE SOLD PRICE 14% -100% 9% -21%
AVERAGE SOLD PRICE PER SQUARE FOOT 15% -100% 26% -2%
TOTAL SFH SOLD 0% -100% -27% 92%
TOTAL SFH FOR SALE AT END OF PERIOD 0% 0% -11% 10%
AVERAGE MONTHLY SUPPLY OF INVENTORY 0% 0% 21% -43%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% -100% 0% 3%
(Source: MLS/CLAW)
45
CONDOMINIUM SALES PACIFIC PALISADES
JULY MARKET OVERVIEWIn Pacific Palisades there were 45 single family home sales in July 2014, up from 37 in July 2013 and a 32% increase from
the 34 sales closed last month. The average list price for single family home sales in July 2014 was $3,597,378 compared
to $2,291,270 for July 2013, representing a 57% increase. For the three-month period from May to July 2014, the average
list price was 13% higher than the same period of the prior year. Average sales price for July 2014 was $3,484,864,
compared to that of May through July 2014, which was $3,172,400. Comparing July 2014 to June 2014, Pacific Palisades
saw a 20% increase in average sale price, and a 51% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $883,494 $773,146 $1,361,667 $-
AVERAGE LIST PRICE PER SQUARE FOOT $470.82 $432.97 $599.85 $-
AVERAGE SOLD PRICE $882,750 $770,885 $1,367,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $470.42 $431.70 $602.42 $-
TOTAL CONDOS SOLD 16 13 3 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 13 12 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 2.8 1.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $786,800 $742,461 $1,075,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $471.89 $479.72 $439.67 $-
AVERAGE SOLD PRICE $772,067 $733,923 $1,020,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $463.05 $474.20 $417.18 $-
TOTAL CONDOS SOLD 15 13 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 16 13 2 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.2 3.0 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 95% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 12% 4% 27% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 0% -10% 36% 0%
AVERAGE SOLD PRICE 14% 5% 34% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 2% -9% 44% 0%
TOTAL CONDOS SOLD 7% 0% 50% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -19% -8% -50% -100%
AVERAGE MONTHLY SUPPLY OF INVENTORY -24% -8% -67% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 2% 1% 6% 0%
(Source: MLS/CLAW)
46
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Adjacent to Culver City and minutes from the ocean and UCLA is the community
of Palms – Mar Vista. Named after its magnificent views of the ocean along its hilly
border near Santa Monica, Palms – Mar Vista is one of the oldest communities
in Los Angeles and one of the least dense in all of West Los Angeles. Palms – Mar
Vista is full of homes built during the 1920s and 1930s as well as an abundance of
wonderfully preserved mid-century modern architecture. Those seeking 1920s
homes, 1930s homes and mid-century modern architecture can also enjoy the
area’s Mar Vista Park, covering an entire city block with a new recreation center
and roller hockey rink. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
PALMS - MAR VISTA
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,106,136 $810,666 $1,500,095 $-
AVERAGE LIST PRICE PER SQUARE FOOT $661.32 $673.97 $651.88 $-
AVERAGE SOLD PRICE $1,124,067 $825,344 $1,522,364 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $673.25 $685.83 $663.87 $-
TOTAL SFH SOLD 98 56 42 -
TOTAL SFH FOR SALE AT END OF PERIOD 74 29 45 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.3 1.6 3.2 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 101% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $960,715 $734,612 $1,376,452 $-
AVERAGE LIST PRICE PER SQUARE FOOT $551.36 $561.36 $541.82 $-
AVERAGE SOLD PRICE $981,170 $758,210 $1,391,129 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $562.83 $578.29 $548.08 $-
TOTAL SFH SOLD 88 57 31 -
TOTAL SFH FOR SALE AT END OF PERIOD 30 13 17 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.0 0.7 1.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 103% 101% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 15% 10% 9% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 20% 20% 20% 0%
AVERAGE SOLD PRICE 15% 9% 9% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 20% 19% 21% 0%
TOTAL SFH SOLD 11% -2% 35% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 147% 123% 165% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 121% 127% 95% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% -1% 0% 0%
(Source: MLS/CLAW)
47
CONDOMINIUM SALES PALMS - MAR VISTA
JULY MARKET OVERVIEWIn Palms - Mar Vista there were 40 single family home sales in July 2014, up from 31 in July 2013 and a 38% increase from
the 29 sales closed last month. The average list price for single family home sales in July 2014 was $1,096,220 compared
to $983,142 for July 2013, representing a 12% increase. For the three-month period from May to July 2014, the average list
price was 15% higher than the same period of the prior year. Average sales price for July 2014 was $1,108,913, compared
to that of May through July 2014, which was $1,124,067. Comparing July 2014 to June 2014, Palms - Mar Vista saw a 7%
decrease in average sale price, but a 10% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $577,736 $541,296 $1,179,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $465.08 $453.20 $580.36 $-
AVERAGE SOLD PRICE $568,353 $535,557 $1,109,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $457.53 $448.39 $546.15 $-
TOTAL CONDOS SOLD 35 33 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 23 23 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.0 2.1 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 94% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $441,139 $441,139 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $410.60 $410.60 $- $-
AVERAGE SOLD PRICE $450,300 $450,300 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $419.13 $419.13 $- $-
TOTAL CONDOS SOLD 30 30 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 12 12 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.2 1.2 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 31% 23% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 13% 10% 0% 0%
AVERAGE SOLD PRICE 26% 19% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 9% 7% 0% 0%
TOTAL CONDOS SOLD 17% 10% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 92% 92% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 64% 74% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -4% -3% 0% 0%
(Source: MLS/CLAW)
48
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Playa Del Rey is a bedroom community along the beach, south and adjacent
to the Marina Del Rey harbor channel. Its early history dates back to a land
grant in 1839 from the Mexican governor. Today Playa Del Rey real estate
includes a mix of 1920’s homes, beach cottages from the 1940’s and
multi-million dollar elegant new houses. Only 10 minutes from Los Angeles
International Airport, Playa Del Rey also is home to Dockweiler Beach Park, a
popular short term camping area for recreational vehicles.CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
PLAYA DEL REY
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,235,091 $937,200 $1,483,333 $-
AVERAGE LIST PRICE PER SQUARE FOOT $631.23 $639.12 $627.16 $-
AVERAGE SOLD PRICE $1,231,818 $935,400 $1,478,833 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $629.56 $637.89 $625.26 $-
TOTAL SFH SOLD 11 5 6 -
TOTAL SFH FOR SALE AT END OF PERIOD 14 - 11 3
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.8 - 5.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,194,992 $839,333 $1,301,690 $-
AVERAGE LIST PRICE PER SQUARE FOOT $463.08 $480.63 $459.83 $-
AVERAGE SOLD PRICE $1,173,846 $813,333 $1,282,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $454.88 $465.74 $452.88 $-
TOTAL SFH SOLD 13 3 10 -
TOTAL SFH FOR SALE AT END OF PERIOD 21 3 16 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.8 3.0 4.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 97% 98% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 3% 12% 14% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 36% 33% 36% 0%
AVERAGE SOLD PRICE 5% 15% 15% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 38% 37% 38% 0%
TOTAL SFH SOLD -15% 67% -40% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -33% -100% -31% 50%
AVERAGE MONTHLY SUPPLY OF INVENTORY -21% -100% 15% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 2% 3% 1% 0%
(Source: MLS/CLAW)
49
CONDOMINIUM SALES PLAYA DEL REY
JULY MARKET OVERVIEWIn Playa Del Rey there were 19 condominium sales in July 2014, up from 11 in July 2013 and a 19% increase from the 16
sales closed last month. The average list price for condo sales in July 2014 was $499,316 compared to $453,909 for July
2013, representing a 10% increase. For the three-month period from May to July 2014, the average list price was 17%
higher than the same period of the prior year. Average sales price for July 2014 was $497,107, compared to that of May
through July 2014, which was $525,655. Comparing July 2014 to June 2014, Playa Del Rey saw a 6% decrease in average
sale price, but a 8% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $529,310 $510,756 $1,290,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $439.97 $430.59 $680.38 $-
AVERAGE SOLD PRICE $525,655 $503,720 $1,425,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $436.93 $424.66 $751.58 $-
TOTAL CONDOS SOLD 42 41 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 22 21 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.6 1.5 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 110% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $452,210 $436,140 $1,095,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $370.77 $364.47 $511.68 $-
AVERAGE SOLD PRICE $456,244 $441,400 $1,050,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $374.08 $368.86 $490.65 $-
TOTAL CONDOS SOLD 41 40 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 22 21 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.6 1.6 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 96% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 17% 17% 18% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 19% 18% 33% 0%
AVERAGE SOLD PRICE 15% 14% 36% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 17% 15% 53% 0%
TOTAL CONDOS SOLD 2% 3% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 0% 0% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -2% -2% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -2% -3% 15% 0%
(Source: MLS/CLAW)
50
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Playa Vista, bordered by Marina Del Rey, Loyola Marymount University and
Westchester, was recognized in1998 as one of the most technologically
advanced communities ever planned and has led the nation as an early model for
sustainable development. With a range of properties from luxury to affordable,
Playa Vista features an array of parks, recreational amenities and a wildlife
preserve. Playa Vista is a fully connected community with complete broadband
and telecommunications capabilities and is home to gaming giants Electronic
Arts and the architectural firm of Frank Gehry. The area features a mix of luxury
and affordable housing. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
PLAYA VISTA
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,147,167 $829,000 $1,210,800 $-
AVERAGE LIST PRICE PER SQUARE FOOT $482.58 $549.01 $474.71 $-
AVERAGE SOLD PRICE $1,142,667 $829,000 $1,205,400 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $480.68 $549.01 $472.59 $-
TOTAL SFH SOLD 6 1 5 -
TOTAL SFH FOR SALE AT END OF PERIOD 2 - 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.0 - 1.2 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,374,500 $- $1,374,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $440.97 $- $440.97 $-
AVERAGE SOLD PRICE $1,374,500 $- $1,374,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $440.97 $- $440.97 $-
TOTAL SFH SOLD 2 - 2 -
TOTAL SFH FOR SALE AT END OF PERIOD 3 - 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.5 - 4.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 0% 100% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -17% 0% -12% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 9% 0% 8% 0%
AVERAGE SOLD PRICE -17% 0% -12% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 9% 0% 7% 0%
TOTAL SFH SOLD 200% 0% 150% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -33% 0% -33% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -78% 0% -73% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
(Source: MLS/CLAW)
51
CONDOMINIUM SALES PLAYA VISTA
JULY MARKET OVERVIEWIn Playa Vista there were 9 condominium sales in July 2014, down from 13 in July 2013 and a similar performance from the
9 sales closed last month. The average list price for condo sales in July 2014 was $728,778 compared to $691,808 for July
2013, representing a 5% increase. For the three-month period from May to July 2014, the average list price was 7% higher
than the same period of the prior year. Average sales price for July 2014 was $723,778, compared to that of May through
July 2014, which was $726,266. Comparing July 2014 to June 2014, Playa Vista saw a 1% decrease in average sale price,
but a 3% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $728,382 $728,382 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $449.02 $449.02 $- $-
AVERAGE SOLD PRICE $726,266 $726,266 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $447.72 $447.72 $- $-
TOTAL CONDOS SOLD 26 26 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 24 20 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 2.3 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $680,372 $635,294 $1,187,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $409.75 $413.05 $390.95 $-
AVERAGE SOLD PRICE $688,010 $645,789 $1,163,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $414.35 $419.88 $382.88 $-
TOTAL CONDOS SOLD 49 45 4 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 19 18 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.2 1.2 0.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 102% 98% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 7% 15% -100% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 10% 9% -100% 0%
AVERAGE SOLD PRICE 6% 12% -100% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 8% 7% -100% 0%
TOTAL CONDOS SOLD -47% -42% -100% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 26% 11% 300% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 138% 92% -100% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -2% -100% 0%
(Source: MLS/CLAW)
52
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Santa Monica offers more than simply a home. There are fishing and yacht
clubs and exquisite fine dining right in your own backyard. Santa Monica is
located on the Westside of Los Angeles and is comprised of 8.3 square miles
of vibrant commercial districts, neighboring residential communities and a
terrific public school system. Centered on three miles of wide, white, sandy
beaches, Santa Monica has become a popular international destination, with
many attractions such as The Santa Monica pier, Third Street Promenade,
Main Street, and the ultra chic Montana Avenue.
CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
SANTA MONICA
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,161,013 $887,150 $1,638,833 $4,341,533
AVERAGE LIST PRICE PER SQUARE FOOT $917.61 $844.90 $855.00 $1,035.97
AVERAGE SOLD PRICE $2,179,822 $885,667 $1,696,650 $4,243,633
AVERAGE SOLD PRICE PER SQUARE FOOT $933.28 $843.49 $885.16 $1,028.29
TOTAL SFH SOLD 69 6 48 15
TOTAL SFH FOR SALE AT END OF PERIOD 53 1 25 27
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.3 0.5 1.6 5.4
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 100% 104% 98%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,516,999 $692,333 $1,629,860 $4,362,589
AVERAGE LIST PRICE PER SQUARE FOOT $932.39 $561.65 $789.76 $1,081.81
AVERAGE SOLD PRICE $2,543,758 $807,667 $1,701,372 $4,296,630
AVERAGE SOLD PRICE PER SQUARE FOOT $943.63 $655.22 $823.91 $1,068.21
TOTAL SFH SOLD 80 3 50 27
TOTAL SFH FOR SALE AT END OF PERIOD 46 3 22 21
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.7 3.0 1.3 2.3
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 117% 104% 98%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -14% 28% 1% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -2% 50% 8% -4%
AVERAGE SOLD PRICE -14% 10% 0% -1%
AVERAGE SOLD PRICE PER SQUARE FOOT -1% 29% 7% -4%
TOTAL SFH SOLD -14% 100% -4% -44%
TOTAL SFH FOR SALE AT END OF PERIOD 15% -67% 14% 29%
AVERAGE MONTHLY SUPPLY OF INVENTORY 34% -83% 18% 131%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% -14% -1% -1%
(Source: MLS/CLAW)
53
CONDOMINIUM SALES SANTA MONICA
JULY MARKET OVERVIEWIn Santa Monica there were 39 condominium sales in July 2014, up from 33 in July 2013 and a 34% decrease from the
59 sales closed last month. The average list price for condo sales in July 2014 was $1,096,690 compared to $922,933
for July 2013, representing a 19% increase. For the three-month period from May to July 2014, the average list price was
28% higher than the same period of the prior year. Average sales price for July 2014 was $1,096,004, compared to that of
May through July 2014, which was $1,205,148. Comparing July 2014 to June 2014, Santa Monica saw a 21% decrease in
average sale price, but a 16% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,203,232 $704,730 $1,612,819 $4,998,500
AVERAGE LIST PRICE PER SQUARE FOOT $856.21 $596.50 $1,004.66 $1,660.36
AVERAGE SOLD PRICE $1,205,148 $716,065 $1,620,955 $4,743,750
AVERAGE SOLD PRICE PER SQUARE FOOT $858.83 $608.92 $1,009.73 $1,575.73
TOTAL CONDOS SOLD 131 74 53 4
TOTAL CONDOS FOR SALE AT END OF PERIOD 109 47 54 8
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.5 1.9 3.1 6.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 102% 101% 95%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $943,128 $665,522 $1,380,862 $5,145,000
AVERAGE LIST PRICE PER SQUARE FOOT $664.08 $538.99 $826.95 $1,537.18
AVERAGE SOLD PRICE $948,580 $684,179 $1,369,151 $4,897,500
AVERAGE SOLD PRICE PER SQUARE FOOT $668.29 $554.88 $819.94 $1,410.26
TOTAL CONDOS SOLD 107 76 29 2
TOTAL CONDOS FOR SALE AT END OF PERIOD 62 40 18 4
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.7 1.6 1.9 6.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 103% 99% 95%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 28% 6% 17% -3%
AVERAGE LIST PRICE PER SQUARE FOOT 29% 11% 21% 8%
AVERAGE SOLD PRICE 27% 5% 18% -3%
AVERAGE SOLD PRICE PER SQUARE FOOT 29% 10% 23% 12%
TOTAL CONDOS SOLD 22% -3% 83% 100%
TOTAL CONDOS FOR SALE AT END OF PERIOD 76% 18% 200% 100%
AVERAGE MONTHLY SUPPLY OF INVENTORY 44% 21% 64% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% -1% 1% 0%
(Source: MLS/CLAW)
54
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
The hilly neighborhood of Silverlake can be found east of Hollywood and northwest
of Downtown Los Angeles. Silverlake is the home of its namesake reservoir and its
reputable music scene. The community is both socioeconomically and ethnically
diverse bringing it tremendous character. Echo Park is one of Los Angeles’ most
long-established neighborhoods, finding its origin in the late 1880’s. Its rolling
hills and steep bluffs enrich this prime location featuring Craftsman-style homes,
Spanish-style bungalows, and modern architecture. This Eastside enclave is the
home to the annual Lotus Festival, the Cuban Festival, and historic Filipinotown as
well as many famous residents. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
SILVERLAKE - ECHO PARK
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $902,563 $683,880 $1,264,362 $3,750,000
AVERAGE LIST PRICE PER SQUARE FOOT $548.83 $541.72 $537.56 $830.56
AVERAGE SOLD PRICE $945,183 $699,886 $1,373,055 $3,500,000
AVERAGE SOLD PRICE PER SQUARE FOOT $575.04 $554.87 $583.92 $775.19
TOTAL SFH SOLD 91 61 29 1
TOTAL SFH FOR SALE AT END OF PERIOD 64 45 19 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 2.2 2.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 105% 102% 109% 93%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $692,961 $603,655 $1,242,538 $-
AVERAGE LIST PRICE PER SQUARE FOOT $519.87 $488.84 $639.44 $-
AVERAGE SOLD PRICE $724,750 $630,890 $1,302,346 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $543.65 $510.81 $670.22 $-
TOTAL SFH SOLD 93 80 13 -
TOTAL SFH FOR SALE AT END OF PERIOD 55 45 10 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 1.7 2.3 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 105% 105% 105% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 30% 13% 2% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 6% 11% -16% 0%
AVERAGE SOLD PRICE 30% 11% 5% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 6% 9% -13% 0%
TOTAL SFH SOLD -2% -24% 123% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 16% 0% 90% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 19% 31% -15% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% -2% 4% 0%
(Source: MLS/CLAW)
55
CONDOMINIUM SALES SILVERLAKE - ECHO PARK
JULY MARKET OVERVIEWIn Silver Lake - Echo Park there were 29 single family home sales in July 2014, which is the same as July 2013 and a
4% increase from the 28 sales closed last month. The average list price for single family home sales in July 2014 was
$873,945 compared to $653,507 for July 2013, representing a 34% increase. For the three-month period from May to
July 2014, the average list price was 30% higher than the same period of the prior year. Average sales price for July 2014
was $895,677, compared to that of May through July 2014, which was $945,183. Comparing July 2014 to June 2014, Silver
Lake - Echo Park saw a 1% decrease in average sale price, but a 33% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $517,088 $517,088 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $450.94 $450.94 $- $-
AVERAGE SOLD PRICE $513,688 $513,688 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $447.98 $447.98 $- $-
TOTAL CONDOS SOLD 16 16 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 2 2 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 0.4 0.4 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $420,427 $420,427 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $374.77 $374.77 $- $-
AVERAGE SOLD PRICE $417,509 $417,509 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $372.17 $372.17 $- $-
TOTAL CONDOS SOLD 11 11 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 6 6 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.6 1.6 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 23% 23% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 20% 20% 0% 0%
AVERAGE SOLD PRICE 23% 23% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 20% 20% 0% 0%
TOTAL CONDOS SOLD 45% 45% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -67% -67% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -77% -77% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
(Source: MLS/CLAW)
56
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
The Sunset Strip is the world famous stretch of Sunset Boulevard in West
Hollwood that stretches from Hollywood to Beverly Hills. The Strip, which
includes Sunset Plaza, is known for its famous collection of shops and
boutiques, cafes and restaurants, rock joints, and night clubs. It is easily
idenifiable with its colorful collection of billboards and is located at the base of
the Hollywood Hills and is just below the famed “Bird Streets” – from Blue Jay,
Tanager and Thrush Ways to Nightingale, and Kinglet Drives - a favorite area of
A-List celebrities from Hollywood stars to the most well known international
music acts to call home. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
SUNSET STRIP-HOLLYWOOD HILLS
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,283,774 $802,262 $1,819,874 $5,787,744
AVERAGE LIST PRICE PER SQUARE FOOT $778.98 $589.26 $696.98 $1,078.33
AVERAGE SOLD PRICE $2,169,847 $790,217 $1,781,170 $5,250,903
AVERAGE SOLD PRICE PER SQUARE FOOT $755.07 $580.41 $682.01 $1,023.96
TOTAL SFH SOLD 125 21 84 20
TOTAL SFH FOR SALE AT END OF PERIOD 198 18 113 67
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.8 2.6 4.0 10.1
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 98% 98% 91%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,023,174 $807,029 $1,827,335 $5,203,476
AVERAGE LIST PRICE PER SQUARE FOOT $746.71 $536.16 $631.33 $1,140.16
AVERAGE SOLD PRICE $1,986,074 $811,872 $1,810,077 $5,010,572
AVERAGE SOLD PRICE PER SQUARE FOOT $731.60 $539.88 $626.74 $1,089.39
TOTAL SFH SOLD 138 43 74 21
TOTAL SFH FOR SALE AT END OF PERIOD 179 17 102 60
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.9 1.2 4.1 8.6
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 101% 99% 96%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 13% -1% 0% 11%
AVERAGE LIST PRICE PER SQUARE FOOT 4% 10% 10% -5%
AVERAGE SOLD PRICE 9% -3% -2% 5%
AVERAGE SOLD PRICE PER SQUARE FOOT 3% 8% 9% -6%
TOTAL SFH SOLD -9% -51% 14% -5%
TOTAL SFH FOR SALE AT END OF PERIOD 11% 6% 11% 12%
AVERAGE MONTHLY SUPPLY OF INVENTORY 22% 117% -2% 17%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% -2% -1% -6%
(Source: MLS/CLAW)
57
CONDOMINIUM SALES SUNSET STRIP - HOLLYWOOD HILLS
JULY MARKET OVERVIEWIn Sunset Strip - Hollywood Hills West there were 51 single family home sales in July 2014, up from 35 in July 2013 and a
31% increase from the 39 sales closed last month. The average list price for single family home sales in July 2014 was
$2,114,559 compared to $1,646,994 for July 2013, representing a 28% increase. For the three-month period from May
to July 2014, the average list price was 13% higher than the same period of the prior year. Average sales price for July
2014 was $2,039,534, compared to that of May through July 2014, which was $2,169,847. Comparing July 2014 to June
2014, Sunset Strip - Hollywood Hills West saw a 3% decrease in average sale price, but a 24% increase compared to same
month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $755,031 $496,122 $2,412,500 $3,395,000
AVERAGE LIST PRICE PER SQUARE FOOT $632.19 $439.00 $1,640.04 $1,603.68
AVERAGE SOLD PRICE $742,135 $486,326 $2,305,000 $3,500,000
AVERAGE SOLD PRICE PER SQUARE FOOT $621.39 $430.33 $1,566.96 $1,653.28
TOTAL CONDOS SOLD 26 23 2 1
TOTAL CONDOS FOR SALE AT END OF PERIOD 30 27 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.5 3.5 4.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 96% 103%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $471,509 $471,509 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $453.34 $453.34 $- $-
AVERAGE SOLD PRICE $468,034 $468,034 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $449.38 $449.38 $- $-
TOTAL CONDOS SOLD 23 23 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 20 18 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.6 2.3 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 60% 5% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 39% -3% 0% 0%
AVERAGE SOLD PRICE 59% 4% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 38% -4% 0% 0%
TOTAL CONDOS SOLD 13% 0% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 50% 50% 50% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 33% 50% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -1% 0% 0%
(Source: MLS/CLAW)
58
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Venice is a beachfront district on the Westside of Los Angeles, California,
known for its bungalows, cottages, condos and oceanfront properties. A
short walk from some of the finest and trendiest beachside restaurants and
bars in Los Angeles, Venice offers surfing, kayaking, boating, biking, boogie
boarding and outdoor summer concerts. The famous Venice Beach Strip and
Muscle Beach are a short walk away. With its variety of bungalows, cottages,
condos and oceanfront listings, Venice is an ideal retreat for family, friends
or couples, for work or play, and is one of Los Angeles’s most sought-after
neighborhoods. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
VENICE
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,722,574 $941,333 $1,731,683 $3,747,500
AVERAGE LIST PRICE PER SQUARE FOOT $967.96 $941.49 $961.42 $1,110.37
AVERAGE SOLD PRICE $1,719,354 $925,500 $1,729,024 $3,762,500
AVERAGE SOLD PRICE PER SQUARE FOOT $965.92 $925.65 $959.69 $1,114.81
TOTAL SFH SOLD 78 6 70 2
TOTAL SFH FOR SALE AT END OF PERIOD 35 3 26 6
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.3 1.5 1.1 9.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 98% 100% 100%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,548,864 $863,808 $1,689,725 $3,975,000
AVERAGE LIST PRICE PER SQUARE FOOT $845.24 $648.02 $868.51 $1,297.75
AVERAGE SOLD PRICE $1,526,554 $886,038 $1,655,999 $3,898,800
AVERAGE SOLD PRICE PER SQUARE FOOT $832.34 $664.70 $850.16 $1,272.87
TOTAL SFH SOLD 60 13 46 1
TOTAL SFH FOR SALE AT END OF PERIOD 43 6 31 6
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.2 1.4 2.0 18.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 103% 98% 98%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 11% 9% 2% -6%
AVERAGE LIST PRICE PER SQUARE FOOT 15% 45% 11% -14%
AVERAGE SOLD PRICE 13% 4% 4% -3%
AVERAGE SOLD PRICE PER SQUARE FOOT 16% 39% 13% -12%
TOTAL SFH SOLD 30% -54% 52% 100%
TOTAL SFH FOR SALE AT END OF PERIOD -19% -50% -16% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -37% 8% -45% -50%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% -4% 2% 2%
(Source: MLS/CLAW)
59
CONDOMINIUM SALES VENICE
JULY MARKET OVERVIEWIn Venice there were 24 single family home sales in July 2014, up from 21 in July 2013 and a 11% decrease from the 27 sales
closed last month. The average list price for single family home sales in July 2014 was $1,727,583 compared to $1,460,352
for July 2013, representing an 18% increase. For the three-month period from May to July 2014, the average list price was
11% higher than the same period of the prior year. Average sales price for July 2014 was $1,734,292, compared to that of
May through July 2014, which was $1,719,354. Comparing July 2014 to June 2014, Venice saw a 5% increase in average
sale price, and a 21% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,218,809 $670,000 $1,340,767 $-
AVERAGE LIST PRICE PER SQUARE FOOT $798.36 $734.65 $806.13 $-
AVERAGE SOLD PRICE $1,237,774 $700,507 $1,357,167 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $810.79 $768.10 $815.99 $-
TOTAL CONDOS SOLD 11 2 9 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 17 9 8 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.6 13.5 2.7 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 105% 101% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,288,429 $848,000 $1,299,500 $4,150,000
AVERAGE LIST PRICE PER SQUARE FOOT $700.94 $610.32 $671.35 $1,370.09
AVERAGE SOLD PRICE $1,266,250 $828,857 $1,275,150 $4,150,000
AVERAGE SOLD PRICE PER SQUARE FOOT $688.87 $596.55 $658.77 $1,370.09
TOTAL CONDOS SOLD 28 7 20 1
TOTAL CONDOS FOR SALE AT END OF PERIOD 11 2 9 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.2 0.9 1.4 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 98% 100%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -5% -21% 3% -100%
AVERAGE LIST PRICE PER SQUARE FOOT 14% 20% 20% -100%
AVERAGE SOLD PRICE -2% -15% 6% -100%
AVERAGE SOLD PRICE PER SQUARE FOOT 18% 29% 24% -100%
TOTAL CONDOS SOLD -61% -71% -55% -100%
TOTAL CONDOS FOR SALE AT END OF PERIOD 55% 350% -11% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 293% 1475% 98% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 3% 7% 3% -100%
(Source: MLS/CLAW)
60
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
West Hollywood is a thriving, diverse community on the leading edge of
culture, entertainment, and design - and is home to the internationally
reknown Pacific Design Center. Minutes away is the Hollywood Bowl, The
Greek Theatre, and The Getty Center. The uniquely compact city boasts the
Sunset Strip, Santa Monica Boulevard, Robertson, and Melrose; truly Los
Angeles’ Mecca for fashion, fine dining, unparalleled nightlife, and the world-
renowned entertainment industry. Incorporated in 1984, West Hollywood
has been instrumental since its start in achieving cultural, environmental,
and political breakthroughs. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
WEST HOLLYWOOD
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,267,132 $846,409 $1,468,348 $-
AVERAGE LIST PRICE PER SQUARE FOOT $792.58 $870.20 $774.40 $-
AVERAGE SOLD PRICE $1,264,256 $840,591 $1,466,878 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $791.75 $861.11 $775.50 $-
TOTAL SFH SOLD 34 11 23 -
TOTAL SFH FOR SALE AT END OF PERIOD 33 7 21 5
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.9 1.9 2.7 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 99% 100% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,164,252 $839,771 $1,396,024 $-
AVERAGE LIST PRICE PER SQUARE FOOT $682.56 $695.12 $677.04 $-
AVERAGE SOLD PRICE $1,172,163 $850,733 $1,401,756 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $681.72 $706.04 $671.05 $-
TOTAL SFH SOLD 36 15 21 -
TOTAL SFH FOR SALE AT END OF PERIOD 31 6 24 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.6 1.2 3.4 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 100% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 9% 1% 5% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 16% 25% 14% 0%
AVERAGE SOLD PRICE 8% -1% 5% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 16% 22% 16% 0%
TOTAL SFH SOLD -6% -27% 10% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 6% 17% -13% 400%
AVERAGE MONTHLY SUPPLY OF INVENTORY 13% 59% -20% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -2% -1% 0%
(Source: MLS/CLAW)
61
CONDOMINIUM SALES WEST HOLLYWOOD
JULY MARKET OVERVIEWIn West Hollywood Vicinity there were 42 condominium sales in July 2014, down from 51 in July 2013 and a 35% increase
from the 31 sales closed last month. The average list price for condo sales in July 2014 was $620,190 almost matching
$602,510 for July 2013. For the three-month period from May to July 2014, the average list price was 16% higher than the
same period of the prior year. Average sales price for July 2014 was $612,307, compared to that of May through July 2014,
which was $658,759. Comparing July 2014 to June 2014, West Hollywood Vicinity saw a 13% decrease in average sale
price, but a 2% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $660,461 $600,685 $1,318,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $542.74 $519.29 $699.33 $-
AVERAGE SOLD PRICE $658,759 $598,757 $1,318,778 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $541.44 $517.74 $699.74 $-
TOTAL CONDOS SOLD 108 99 9 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 86 72 14 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 2.2 4.7 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $569,097 $510,639 $1,148,364 $-
AVERAGE LIST PRICE PER SQUARE FOOT $492.62 $467.03 $649.46 $-
AVERAGE SOLD PRICE $567,688 $511,271 $1,126,727 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $491.41 $467.61 $637.22 $-
TOTAL CONDOS SOLD 120 109 11 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 79 60 18 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.0 1.7 4.9 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 98% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 16% 18% 15% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 10% 11% 8% 0%
AVERAGE SOLD PRICE 16% 17% 17% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 10% 11% 10% 0%
TOTAL CONDOS SOLD -10% -9% -18% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 9% 20% -22% -100%
AVERAGE MONTHLY SUPPLY OF INVENTORY 21% 32% -5% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 2% 0%
(Source: MLS/CLAW)
62
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Surrounded by Santa Monica, Beverly Hills, the ocean and the Santa Monica
Mountains is the city of West Los Angeles, known for its 1920s, mid-century
and contemporary architecture. With its rolling hills and proximity to the ocean,
West Los Angeles was originally developed as an upscale community and is
still considered one of the most desirable areas to live in Los Angeles today.
With its central location between Los Angeles and the ocean, West Los Angeles
has attracted a diverse range of commercial development to add to its 1920s
through mid-century and contemporary architecture. The area is home to some
of the world’s finest shopping. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
WEST LOS ANGELES
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $898,959 $775,067 $1,196,300 $-
AVERAGE LIST PRICE PER SQUARE FOOT $570.20 $564.94 $578.20 $-
AVERAGE SOLD PRICE $918,022 $792,906 $1,218,300 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $582.33 $578.05 $588.84 $-
TOTAL SFH SOLD 34 24 10 -
TOTAL SFH FOR SALE AT END OF PERIOD 27 17 10 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 2.1 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 102% 0%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $795,588 $725,941 $1,306,333 $-
AVERAGE LIST PRICE PER SQUARE FOOT $540.13 $549.16 $506.20 $-
AVERAGE SOLD PRICE $813,748 $743,237 $1,330,833 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $552.46 $562.25 $515.69 $-
TOTAL SFH SOLD 25 22 3 -
TOTAL SFH FOR SALE AT END OF PERIOD 25 22 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 3.0 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 102% 0%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 13% 7% -8% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 6% 3% 14% 0%
AVERAGE SOLD PRICE 13% 7% -8% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 5% 3% 14% 0%
TOTAL SFH SOLD 36% 9% 233% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 8% -23% 233% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -21% -29% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
(Source: MLS/CLAW)
63
CONDOMINIUM SALES WEST LOS ANGELES
JULY MARKET OVERVIEWIn West Los Angeles there were 23 condominium sales in July 2014, up from 16 in July 2013 and a 53% increase from the
15 sales closed last month. The average list price for condo sales in July 2014 was $585,300 compared to $689,434 for
July 2013, representing a 15% decrease. For the three-month period from May to July 2014, the average list price was 1%
lower than the same period of the prior year. Average sales price for July 2014 was $593,826, compared to that of May
through July 2014, which was $626,826. Comparing July 2014 to June 2014, West Los Angeles saw a 13% decrease in
average sale price, and a 16% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $622,954 $622,954 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $473.93 $473.93 $- $-
AVERAGE SOLD PRICE $626,826 $626,826 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $476.87 $476.87 $- $-
TOTAL CONDOS SOLD 51 51 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 40 39 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 2.3 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 0% 0%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $627,744 $612,383 $1,042,475 $-
AVERAGE LIST PRICE PER SQUARE FOOT $410.52 $407.48 $465.70 $-
AVERAGE SOLD PRICE $649,061 $634,026 $1,055,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $424.47 $421.88 $471.30 $-
TOTAL CONDOS SOLD 56 54 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 27 26 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.4 1.4 1.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 104% 101% 0%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -1% 2% -100% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 15% 16% -100% 0%
AVERAGE SOLD PRICE -3% -1% -100% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 12% 13% -100% 0%
TOTAL CONDOS SOLD -9% -6% -100% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 48% 50% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 63% 59% -100% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% -3% -100% 0%
(Source: MLS/CLAW)
64
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
Westwood is a neighborhood in the northern central portion of the Westside
of Los Angeles, California, known for its condos, townhomes, California
bungalows and single-family homes. Westwood is the home of the University
of California, Los Angeles (UCLA), and is also a center for movie-going on
the Westside and the site of many movie premieres. Century City is a 176-
acre commercial and residential district on the Westside of the city of Los
Angeles. Century City is also an important business center. Many law firms
and executives, particularly those with ties to the film, television and music
industries, have offices there. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
WESTWOOD - CENTURY CITY
SINGLE FAMILY HOMES (SFH)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,206,510 $1,050,000 $1,780,415 $4,276,111
AVERAGE LIST PRICE PER SQUARE FOOT $768.70 $754.85 $704.22 $930.83
AVERAGE SOLD PRICE $2,226,950 $990,000 $1,810,956 $4,259,476
AVERAGE SOLD PRICE PER SQUARE FOOT $775.82 $711.72 $716.30 $927.20
TOTAL SFH SOLD 51 1 41 9
TOTAL SFH FOR SALE AT END OF PERIOD 31 1 22 8
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 3.0 1.6 2.7
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 94% 102% 100%
SFHMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,750,666 $860,757 $1,648,489 $4,457,500
AVERAGE LIST PRICE PER SQUARE FOOT $675.57 $568.16 $648.19 $880.71
AVERAGE SOLD PRICE $1,765,360 $913,614 $1,679,669 $4,219,938
AVERAGE SOLD PRICE PER SQUARE FOOT $680.14 $603.05 $659.31 $833.77
TOTAL SFH SOLD 56 7 45 4
TOTAL SFH FOR SALE AT END OF PERIOD 26 2 21 3
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.4 0.9 1.4 2.3
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 106% 102% 95%
SFHJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 26% 22% 8% -4%
AVERAGE LIST PRICE PER SQUARE FOOT 14% 33% 9% 6%
AVERAGE SOLD PRICE 26% 8% 8% 1%
AVERAGE SOLD PRICE PER SQUARE FOOT 14% 18% 9% 11%
TOTAL SFH SOLD -9% -86% -9% 125%
TOTAL SFH FOR SALE AT END OF PERIOD 19% -50% 5% 167%
AVERAGE MONTHLY SUPPLY OF INVENTORY 31% 250% 15% 19%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% -11% 0% 5%
(Source: MLS/CLAW)
65
CONDOMINIUM SALES WESTWOOD - CENTURY CITY
JULY MARKET OVERVIEWIn Westwood - Century City there were 51 condominium sales in July 2014, down from 53 in July 2013 and a 11% increase
from the 46 sales closed last month. The average list price for condo sales in July 2014 was $1,451,870 compared to
$869,643 for July 2013, representing a 67% increase. For the three-month period from May to July 2014, the average list
price was 43% higher than the same period of the prior year. Average sales price for July 2014 was $1,405,139, compared
to that of May through July 2014, which was $1,189,099. Comparing July 2014 to June 2014, Westwood - Century City saw
a 37% increase in average sale price, and a 65% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)MAY - JUL 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,224,692 $666,083 $1,972,571 $4,884,300
AVERAGE LIST PRICE PER SQUARE FOOT $714.31 $495.59 $791.91 $1,455.13
AVERAGE SOLD PRICE $1,189,099 $660,241 $1,842,507 $4,806,800
AVERAGE SOLD PRICE PER SQUARE FOOT $693.55 $491.24 $739.70 $1,432.04
TOTAL CONDOS SOLD 141 103 28 10
TOTAL CONDOS FOR SALE AT END OF PERIOD 206 104 68 34
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.4 3.0 7.3 10.2
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 99% 93% 98%
CONDOSMAY - JUL 2013 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $854,713 $629,052 $1,927,737 $4,665,000
AVERAGE LIST PRICE PER SQUARE FOOT $525.04 $442.45 $698.46 $1,074.31
AVERAGE SOLD PRICE $826,429 $624,393 $1,847,028 $3,858,333
AVERAGE SOLD PRICE PER SQUARE FOOT $507.51 $439.17 $669.21 $888.54
TOTAL CONDOS SOLD 163 141 19 3
TOTAL CONDOS FOR SALE AT END OF PERIOD 197 98 64 35
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.6 2.1 10.1 35.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 99% 96% 83%
CONDOSJUL/JUL COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 43% 6% 2% 5%
AVERAGE LIST PRICE PER SQUARE FOOT 36% 12% 13% 35%
AVERAGE SOLD PRICE 44% 6% 0% 25%
AVERAGE SOLD PRICE PER SQUARE FOOT 37% 12% 11% 61%
TOTAL CONDOS SOLD -13% -27% 47% 233%
TOTAL CONDOS FOR SALE AT END OF PERIOD 5% 6% 6% -3%
AVERAGE MONTHLY SUPPLY OF INVENTORY 21% 45% -28% -71%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% -3% 19%
(Source: MLS/CLAW)