Greater Los Angeles Market Update | 3-Month Ending October 2015
Greater Los Angeles Market Update | 3-Month Ending April 2015
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Transcript of Greater Los Angeles Market Update | 3-Month Ending April 2015
Greater Los Angeles Market Update3-Month Ending April 2015
Beverly Hills | Brentwood | Los Feliz | Malibu Pacific Palisades | Santa Monica | Sunset Strip | Topanga sothebyshomes.com/losangeles
Pacific Palisades, CA | web: 0343710
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
Marina Del Rey 36-37
MARKET AREA PGS.
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
Topanga 58-59
Venice 60-61
West Hollywood 62-63
West Los Angeles 64-65
Westchester 66-67
Westwood - Century City 68-69
To view our listings please visit sothebyshomes.com/losangeles
Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc.
TABLE OF CONTENTS
FEATURED LISTINGS IN LOS ANGELES
PACIFIC PALISADES, CAweb: 0343698 | $10,500,000
Stunning architectural designed by renowned
architect, Anthony Zubic with amazing views.
Pacific Palisades Brokerage
Rosalind Armitage | 310.779.6153
Paula Ross Jones | 310.880.9750
MALIBUA, CAweb: 1300073 | $4,600,000
Beautiful contemporary home with Balinese
influence at the west end of Broad Beach.
Malibu - Point Dume Brokerage
Tony Mark | 310.457.6275
HOLLYWOOD HILLS EAST, CAweb: 0286152 | $3,388,000
Legendary 1923 Beaux Art Classic Hollywood
Hills estate once home to Rudolph Valentino.
Los Feliz Brokerage
Jacqueline Tager | 310.697.3040
4
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $6,622,123 $764,333 $1,852,272 $14,184,875
AVERAGE LIST PRICE PER SQUARE FOOT $1,445.48 $603.82 $642.02 $1,834.39
AVERAGE SOLD PRICE $5,581,776 $757,000 $1,848,306 $11,591,222
AVERAGE SOLD PRICE PER SQUARE FOOT $1,218.40 $598.03 $640.65 $1,498.98
TOTAL SFH SOLD 40 6 18 16
TOTAL SFH FOR SALE AT END OF PERIOD 77 1 21 55
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.8 0.5 3.5 10.3
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 84% 99% 100% 82%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $8,935,686 $729,725 $1,526,231 $19,697,917
AVERAGE LIST PRICE PER SQUARE FOOT $985.66 $642.93 $550.77 $1,191.04
AVERAGE SOLD PRICE $7,799,466 $702,000 $1,512,692 $16,975,958
AVERAGE SOLD PRICE PER SQUARE FOOT $908.90 $618.50 $545.89 $1,080.57
TOTAL SFH SOLD 29 4 13 12
TOTAL SFH FOR SALE AT END OF PERIOD 80 3 30 47
AVERAGE MONTHLY SUPPLY OF INVENTORY 8.3 2.3 6.9 11.8
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 87% 96% 99% 86%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -26% 5% 21% -28%
AVERAGE LIST PRICE PER SQUARE FOOT 47% -6% 17% 54%
AVERAGE SOLD PRICE -28% 8% 22% -32%
AVERAGE SOLD PRICE PER SQUARE FOOT 34% -3% 17% 39%
TOTAL SFH SOLD 38% 50% 38% 33%
TOTAL SFH FOR SALE AT END OF PERIOD -4% -67% -30% 17%
AVERAGE MONTHLY SUPPLY OF INVENTORY -30% -78% -49% -12%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% 3% 1% -5%
(Source: MLS/CLAW)
5
CONDOMINIUM SALES BEL AIR - HOLMBY HILLS
In Bel Air - Holmby Hills there were 11 single family home sales in April 2015, up from 3 in April 2014 and a 39% decrease
from the 18 sales closed last month. The average list price for single family home sales in April 2015 was $9,015,173
almost matching $8,665,000 for April 2014. For the three-month period from February to April 2015, the average list
price was 26% lower than the same period of the prior year. Average sales price for April 2015 was $7,486,323, compared
to that of February through April 2015, which was $5,581,776. These results indicate that the sale price is trending up.
Comparing April 2015 to March 2015, Bel Air - Holmby Hills saw a 22% increase in average sale price, but a 1% decrease
compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $704,500 $704,500 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $302.10 $302.10 $- $-
AVERAGE SOLD PRICE $700,250 $700,250 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $300.28 $300.28 $- $-
TOTAL CONDOS SOLD 2 2 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 1 - 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.5 - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSFEB - APR 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 4 3 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
CONDOSAPR/APR 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 -75% -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)
APRIL MARKET OVERVIEW
6
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,632,477 $827,257 $1,662,214 $3,095,000
AVERAGE LIST PRICE PER SQUARE FOOT $657.28 $609.49 $649.61 $759.01
AVERAGE SOLD PRICE $1,628,818 $841,169 $1,656,199 $3,083,333
AVERAGE SOLD PRICE PER SQUARE FOOT $654.73 $619.74 $645.92 $756.15
TOTAL SFH SOLD 52 7 42 3
TOTAL SFH FOR SALE AT END OF PERIOD 34 3 31 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.0 1.3 2.2 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 102% 100% 100%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,510,448 $882,992 $1,672,169 $4,350,000
AVERAGE LIST PRICE PER SQUARE FOOT $647.39 $553.05 $677.99 $-
AVERAGE SOLD PRICE $1,512,123 $891,471 $1,671,086 $4,350,000
AVERAGE SOLD PRICE PER SQUARE FOOT $650.78 $558.36 $680.76 $-
TOTAL SFH SOLD 42 12 29 1
TOTAL SFH FOR SALE AT END OF PERIOD 40 6 29 5
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.9 1.5 3.0 15.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 101% 100% 100%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 8% -6% -1% -29%
AVERAGE LIST PRICE PER SQUARE FOOT 2% 10% -4% 0%
AVERAGE SOLD PRICE 8% -6% -1% -29%
AVERAGE SOLD PRICE PER SQUARE FOOT 1% 11% -5% 0%
TOTAL SFH SOLD 24% -42% 45% 200%
TOTAL SFH FOR SALE AT END OF PERIOD -15% -50% 7% -100%
AVERAGE MONTHLY SUPPLY OF INVENTORY -31% -14% -26% -100%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 1% 0% 0%
(Source: MLS/CLAW)
7
CONDOMINIUM SALES
APRIL MARKET OVERVIEW
BEVERLY CENTER - MIRACLE MILE
In Beverly Center - Miracle Mile there were 21 single family home sales in April 2015, up from 13 in April 2014 and a
11% increase from the 19 sales closed last month. The average list price for single family home sales in April 2015 was
$1,698,990 compared to $1,448,838 for April 2014, representing a 17% increase. For the three-month period from
February to April 2015, the average list price was 8% higher than the same period of the prior year. Average sales price for
April 2015 was $1,694,788, compared to that of February through April 2015, which was $1,628,818. These results indicate
that the sale price is trending up. Comparing April 2015 to March 2015, Beverly Center - Miracle Mile saw a 1% decrease in
average sale price, but a 15% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $711,433 $656,468 $1,398,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $548.98 $535.96 $633.52 $-
AVERAGE SOLD PRICE $698,211 $646,468 $1,345,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $538.73 $527.86 $609.29 $-
TOTAL CONDOS SOLD 27 25 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 30 28 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.3 3.4 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 96% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $697,095 $661,105 $1,039,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $516.11 $496.08 $674.68 $-
AVERAGE SOLD PRICE $692,333 $657,316 $1,025,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $513.19 $493.95 $665.58 $-
TOTAL CONDOS SOLD 21 19 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 20 19 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.9 3.0 1.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 99% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 2% -1% 35% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 6% 8% -6% 0%
AVERAGE SOLD PRICE 1% -2% 31% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 5% 7% -8% 0%
TOTAL CONDOS SOLD 29% 32% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 50% 47% 100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 17% 12% 100% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -1% -3% 0%
(Source: MLS/CLAW)
8
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $6,463,900 $- $2,162,417 $8,307,393
AVERAGE LIST PRICE PER SQUARE FOOT $1,569.49 $- $838.77 $1,744.27
AVERAGE SOLD PRICE $6,136,751 $- $2,267,355 $7,795,064
AVERAGE SOLD PRICE PER SQUARE FOOT $1,494.52 $- $879.47 $1,641.63
TOTAL SFH SOLD 40 - 12 28
TOTAL SFH FOR SALE AT END OF PERIOD 59 - 10 49
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.4 - 2.5 5.3
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 0% 105% 94%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $6,150,100 $- $2,047,857 $8,359,000
AVERAGE LIST PRICE PER SQUARE FOOT $1,329.57 $- $798.84 $1,458.93
AVERAGE SOLD PRICE $5,794,331 $- $2,053,605 $7,808,567
AVERAGE SOLD PRICE PER SQUARE FOOT $1,254.82 $- $801.23 $1,365.38
TOTAL SFH SOLD 40 - 14 26
TOTAL SFH FOR SALE AT END OF PERIOD 66 1 14 51
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.0 - 3.0 5.9
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 94% 0% 100% 93%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 5% 0% 6% -1%
AVERAGE LIST PRICE PER SQUARE FOOT 18% 0% 5% 20%
AVERAGE SOLD PRICE 6% 0% 10% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 19% 0% 10% 20%
TOTAL SFH SOLD 0% 0% -14% 8%
TOTAL SFH FOR SALE AT END OF PERIOD -11% -100% -29% -4%
AVERAGE MONTHLY SUPPLY OF INVENTORY -11% 0% -17% -11%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 0% 5% 0%
(Source: MLS/CLAW)
9
CONDOMINIUM SALES
APRIL MARKET OVERVIEW
BEVERLY HILLS
In Beverly Hills there were 18 single family home sales in April 2015, down from 19 in April 2014 and a 29% increase from
the 14 sales closed last month. The average list price for single family home sales in April 2015 was $6,974,389 compared
to $4,698,421 for April 2014, representing a 48% increase. For the three-month period from February to April 2015, the
average list price was 5% higher than the same period of the prior year. Average sales price for April 2015 was $6,521,667,
compared to that of February through April 2015, which was $6,136,751. These results indicate that the sale price is
trending up. Comparing April 2015 to March 2015, Beverly Hills saw a 34% increase in average sale price, and a 41%
increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,362,593 $820,458 $1,459,182 $3,824,000
AVERAGE LIST PRICE PER SQUARE FOOT $673.10 $532.95 $682.99 $969.82
AVERAGE SOLD PRICE $1,324,265 $803,692 $1,414,764 $3,712,500
AVERAGE SOLD PRICE PER SQUARE FOOT $654.17 $522.06 $662.20 $941.54
TOTAL CONDOS SOLD 37 13 22 2
TOTAL CONDOS FOR SALE AT END OF PERIOD 31 11 19 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.5 2.5 2.6 1.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 98% 97% 97%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,183,269 $816,000 $1,550,538 $-
AVERAGE LIST PRICE PER SQUARE FOOT $623.47 $494.73 $722.40 $-
AVERAGE SOLD PRICE $1,172,996 $819,538 $1,526,454 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $618.05 $496.88 $711.17 $-
TOTAL CONDOS SOLD 26 13 13 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 42 16 24 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.8 3.7 5.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 100% 98% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 15% 1% -6% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 8% 8% -5% 0%
AVERAGE SOLD PRICE 13% -2% -7% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 6% 5% -7% 0%
TOTAL CONDOS SOLD 42% 0% 69% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -26% -31% -21% -50%
AVERAGE MONTHLY SUPPLY OF INVENTORY -48% -31% -53% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -2% -2% -2% 0%
(Source: MLS/CLAW)
10
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,714,327 $998,000 $1,832,698 $5,354,000
AVERAGE LIST PRICE PER SQUARE FOOT $787.18 $- $686.23 $961.55
AVERAGE SOLD PRICE $2,535,829 $991,000 $1,749,920 $4,890,556
AVERAGE SOLD PRICE PER SQUARE FOOT $756.19 $- $655.58 $930.00
TOTAL SFH SOLD 35 1 25 9
TOTAL SFH FOR SALE AT END OF PERIOD 86 - 28 58
AVERAGE MONTHLY SUPPLY OF INVENTORY 7.4 - 3.4 19.3
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 93% 99% 95% 91%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $4,450,949 $832,000 $2,144,091 $8,316,867
AVERAGE LIST PRICE PER SQUARE FOOT $875.87 $570.25 $672.24 $1,040.36
AVERAGE SOLD PRICE $4,118,895 $844,500 $2,090,132 $7,531,000
AVERAGE SOLD PRICE PER SQUARE FOOT $829.28 $578.82 $655.33 $969.46
TOTAL SFH SOLD 39 2 22 15
TOTAL SFH FOR SALE AT END OF PERIOD 101 3 44 54
AVERAGE MONTHLY SUPPLY OF INVENTORY 7.8 4.5 6.0 10.8
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 93% 102% 97% 91%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -39% 20% -15% -36%
AVERAGE LIST PRICE PER SQUARE FOOT -10% -100% 2% -8%
AVERAGE SOLD PRICE -38% 17% -16% -35%
AVERAGE SOLD PRICE PER SQUARE FOOT -9% -100% 0% -4%
TOTAL SFH SOLD -10% -50% 14% -40%
TOTAL SFH FOR SALE AT END OF PERIOD -15% -100% -36% 7%
AVERAGE MONTHLY SUPPLY OF INVENTORY -5% -100% -44% 79%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% -2% -2% 1%
(Source: MLS/CLAW)
11
CONDOMINIUM SALES
APRIL MARKET OVERVIEW
BEVERLY HILLS POST OFFICE
In Beverly Hills Post Office there were 13 single family home sales in April 2015, down from 17 in April 2014 and a 7%
decrease from the 14 sales closed last month. The average list price for single family home sales in April 2015 was
$2,781,462 compared to $4,466,412 for April 2014, representing a 38% decrease. For the three-month period from
February to April 2015, the average list price was 39% lower than the same period of the prior year. Average sales price
for April 2015 was $2,690,962, compared to that of February through April 2015, which was $2,535,829. These results
indicate that the sale price is trending up. Comparing April 2015 to March 2015, Beverly Hills Post Office saw a 30%
increase in average sale price, but a 33% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 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%
CONDOSFEB - APR 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%
CONDOSAPR/APR 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 | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,075,095 $781,926 $1,602,800 $-
AVERAGE LIST PRICE PER SQUARE FOOT $596.56 $533.79 $665.26 $-
AVERAGE SOLD PRICE $1,067,131 $782,759 $1,579,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $592.15 $534.36 $655.39 $-
TOTAL SFH SOLD 42 27 15 -
TOTAL SFH FOR SALE AT END OF PERIOD 26 11 15 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.9 1.2 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 100% 99% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,139,905 $725,695 $1,626,152 $-
AVERAGE LIST PRICE PER SQUARE FOOT $572.11 $507.16 $613.25 $-
AVERAGE SOLD PRICE $1,123,848 $716,926 $1,601,538 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $564.05 $501.04 $603.97 $-
TOTAL SFH SOLD 50 27 23 -
TOTAL SFH FOR SALE AT END OF PERIOD 35 20 14 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 2.2 1.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 98% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -6% 8% -1% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 4% 5% 8% 0%
AVERAGE SOLD PRICE -5% 9% -1% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 5% 7% 9% 0%
TOTAL SFH SOLD -16% 0% -35% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -26% -45% 7% -100%
AVERAGE MONTHLY SUPPLY OF INVENTORY -12% -45% 64% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 1% 0% 0%
(Source: MLS/CLAW)
13
CONDOMINIUM SALES BEVERLYWOOD
APRIL MARKET OVERVIEWIn Beverlywood there were 15 single family home sales in April 2015, down from 22 in April 2014 and a 21% decrease
from the 19 sales closed last month. The average list price for single family home sales in April 2015 was $1,121,333
compared to $1,213,159 for April 2014, representing an 8% decrease. For the three-month period from February to April
2015, the average list price was 6% lower than the same period of the prior year. Average sales price for April 2015 was
$1,134,433, compared to that of February through April 2015, which was $1,067,131. These results indicate that the sale
price is trending up. Comparing April 2015 to March 2015, Beverlywood saw a 8% increase in average sale price, but a 6%
decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $718,545 $640,900 $1,495,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $478.71 $451.12 $648.87 $-
AVERAGE SOLD PRICE $709,227 $634,150 $1,460,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $472.50 $446.36 $633.68 $-
TOTAL CONDOS SOLD 11 10 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 13 12 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.5 3.6 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 98% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $703,047 $632,907 $1,685,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $479.63 $460.63 $612.50 $-
AVERAGE SOLD PRICE $693,745 $629,013 $1,600,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $473.29 $457.80 $581.61 $-
TOTAL CONDOS SOLD 15 14 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 15 15 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 3.2 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 95% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 2% 1% -11% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 0% -2% 6% 0%
AVERAGE SOLD PRICE 2% 1% -9% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 0% -2% 9% 0%
TOTAL CONDOS SOLD -27% -29% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -13% -20% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 18% 12% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 3% 0%
(Source: MLS/CLAW)
14
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,469,933 $- $2,016,450 $4,802,292
AVERAGE LIST PRICE PER SQUARE FOOT $869.45 $- $686.39 $968.91
AVERAGE SOLD PRICE $3,510,618 $- $2,065,956 $4,834,891
AVERAGE SOLD PRICE PER SQUARE FOOT $879.64 $- $703.24 $975.49
TOTAL SFH SOLD 46 - 22 24
TOTAL SFH FOR SALE AT END OF PERIOD 74 - 22 52
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.8 - 3.0 6.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 0% 102% 101%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,491,432 $749,000 $2,029,684 $5,286,471
AVERAGE LIST PRICE PER SQUARE FOOT $996.72 $907.88 $804.88 $1,118.06
AVERAGE SOLD PRICE $3,441,526 $755,000 $2,012,763 $5,196,409
AVERAGE SOLD PRICE PER SQUARE FOOT $979.52 $915.15 $798.17 $1,094.01
TOTAL SFH SOLD 37 1 19 17
TOTAL SFH FOR SALE AT END OF PERIOD 66 - 25 41
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.4 - 3.9 7.2
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 101% 99% 98%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -1% -100% -1% -9%
AVERAGE LIST PRICE PER SQUARE FOOT -13% -100% -15% -13%
AVERAGE SOLD PRICE 2% -100% 3% -7%
AVERAGE SOLD PRICE PER SQUARE FOOT -10% -100% -12% -11%
TOTAL SFH SOLD 24% -100% 16% 41%
TOTAL SFH FOR SALE AT END OF PERIOD 12% 0% -12% 27%
AVERAGE MONTHLY SUPPLY OF INVENTORY -10% 0% -24% -10%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 3% -100% 3% 2%
(Source: MLS/CLAW)
15
CONDOMINIUM SALES BRENTWOOD
APRIL MARKET OVERVIEWIn Brentwood there were 23 single family home sales in April 2015, up from 16 in April 2014 and a 109% increase from
the 11 sales closed last month. The average list price for single family home sales in April 2015 was $3,323,996 almost
matching $3,445,187 for April 2014. For the three-month period from February to April 2015, the average list price was
1% lower than the same period of the prior year. Average sales price for April 2015 was $3,559,131, compared to that of
February through April 2015, which was $3,510,618. These results indicate that the sale price is trending up. Comparing
April 2015 to March 2015, Brentwood saw a 6% increase in average sale price, and a 6% increase compared to same
month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $833,259 $719,492 $1,226,273 $-
AVERAGE LIST PRICE PER SQUARE FOOT $571.88 $552.11 $615.18 $-
AVERAGE SOLD PRICE $833,858 $716,167 $1,240,427 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $572.44 $549.69 $622.28 $-
TOTAL CONDOS SOLD 49 38 11 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 37 22 15 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.3 1.7 4.1 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 101% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $783,929 $663,680 $1,204,800 $-
AVERAGE LIST PRICE PER SQUARE FOOT $521.58 $503.20 $561.10 $-
AVERAGE SOLD PRICE $783,966 $662,828 $1,207,950 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $521.61 $502.56 $562.57 $-
TOTAL CONDOS SOLD 45 35 10 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 55 43 12 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.7 3.7 3.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 6% 8% 2% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 10% 10% 10% 0%
AVERAGE SOLD PRICE 6% 8% 3% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 10% 9% 11% 0%
TOTAL CONDOS SOLD 9% 9% 10% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -33% -49% 25% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -38% -53% 14% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 1% 0%
(Source: MLS/CLAW)
16
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,677,594 $928,833 $1,696,250 $3,700,000
AVERAGE LIST PRICE PER SQUARE FOOT $745.80 $692.64 $741.07 $822.22
AVERAGE SOLD PRICE $1,647,063 $901,667 $1,681,083 $3,475,000
AVERAGE SOLD PRICE PER SQUARE FOOT $732.23 $672.38 $734.44 $772.22
TOTAL SFH SOLD 16 3 12 1
TOTAL SFH FOR SALE AT END OF PERIOD 13 - 10 3
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 - 2.5 9.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 97% 99% 94%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,798,667 $949,000 $1,664,000 $4,399,000
AVERAGE LIST PRICE PER SQUARE FOOT $689.21 $614.64 $575.29 $-
AVERAGE SOLD PRICE $1,845,187 $965,000 $1,694,062 $4,690,000
AVERAGE SOLD PRICE PER SQUARE FOOT $707.04 $625.00 $585.68 $-
TOTAL SFH SOLD 15 1 13 1
TOTAL SFH FOR SALE AT END OF PERIOD 18 2 12 4
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.6 6.0 2.8 12.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 102% 102% 107%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -7% -2% 2% -16%
AVERAGE LIST PRICE PER SQUARE FOOT 8% 13% 29% 0%
AVERAGE SOLD PRICE -11% -7% -1% -26%
AVERAGE SOLD PRICE PER SQUARE FOOT 4% 8% 25% 0%
TOTAL SFH SOLD 7% 200% -8% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -28% -100% -17% -25%
AVERAGE MONTHLY SUPPLY OF INVENTORY -32% -100% -10% -25%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -4% -5% -3% -12%
(Source: MLS/CLAW)
17
CONDOMINIUM SALES CHEVIOT HILLS - RANCHO PARK
APRIL MARKET OVERVIEWIn Cheviot Hills - Rancho Park there were 8 single family home sales in April 2015, which is the same as April 2014 and a
167% increase from the 3 sales closed last month. The average list price for single family home sales in April 2015 was
$1,772,000 almost matching $1,727,750 for April 2014. For the three-month period from February to April 2015, the
average list price was 7% lower than the same period of the prior year. Average sales price for April 2015 was $1,737,500,
compared to that of February through April 2015, which was $1,647,063. These results indicate that the sale price is
trending up. Comparing April 2015 to March 2015, Cheviot Hills - Rancho Park saw a 39% increase in average sale price,
but a 4% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 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%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $575,000 $575,000 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $432.33 $432.33 $- $-
AVERAGE SOLD PRICE $585,000 $585,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $439.85 $439.85 $- $-
TOTAL CONDOS SOLD 1 1 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -100% -100% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -100% -100% 0% 0%
AVERAGE SOLD PRICE -100% -100% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -100% -100% 0% 0%
TOTAL CONDOS SOLD -100% -100% 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 -100% -100% 0% 0%
(Source: MLS/CLAW)
18
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,010,383 $821,253 $1,273,522 $-
AVERAGE LIST PRICE PER SQUARE FOOT $648.87 $627.25 $669.57 $-
AVERAGE SOLD PRICE $1,019,072 $839,224 $1,269,297 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $654.45 $640.98 $667.35 $-
TOTAL SFH SOLD 55 32 23 -
TOTAL SFH FOR SALE AT END OF PERIOD 24 12 12 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.3 1.1 1.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 102% 100% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $853,242 $730,379 $1,134,071 $-
AVERAGE LIST PRICE PER SQUARE FOOT $541.59 $528.41 $561.50 $-
AVERAGE SOLD PRICE $884,004 $752,568 $1,184,429 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $562.16 $546.09 $586.43 $-
TOTAL SFH SOLD 46 32 14 -
TOTAL SFH FOR SALE AT END OF PERIOD 34 23 11 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.2 2.2 2.4 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 104% 103% 104% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 18% 12% 12% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 20% 19% 19% 0%
AVERAGE SOLD PRICE 15% 12% 7% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 16% 17% 14% 0%
TOTAL SFH SOLD 20% 0% 64% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -29% -48% 9% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -41% -48% -34% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% -1% -5% 0%
(Source: MLS/CLAW)
19
CONDOMINIUM SALES CULVER CITY
APRIL MARKET OVERVIEWIn Culver City there were 28 condominium sales in April 2015, up from 17 in April 2014 and a 3% decrease from the 29
sales closed last month. The average list price for condo sales in April 2015 was $494,136 compared to $381,268 for April
2014, representing a 30% increase. For the three-month period from February to April 2015, the average list price was
12% higher than the same period of the prior year. Average sales price for April 2015 was $508,393, compared to that of
February through April 2015, which was $494,741. These results indicate that the sale price is trending up. Comparing
April 2015 to March 2015, Culver City was flat in average sale price, and a 32% increase compared to same month of the
prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $486,715 $486,715 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $407.09 $407.09 $- $-
AVERAGE SOLD PRICE $494,741 $494,741 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $414.00 $414.00 $- $-
TOTAL CONDOS SOLD 68 68 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 0% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $436,235 $436,235 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $373.96 $373.96 $- $-
AVERAGE SOLD PRICE $442,851 $442,851 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $379.55 $379.55 $- $-
TOTAL CONDOS SOLD 41 41 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 27 27 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.0 2.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 12% 12% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 9% 9% 0% 0%
AVERAGE SOLD PRICE 12% 12% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 9% 9% 0% 0%
TOTAL CONDOS SOLD 66% 66% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -100% -100% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -100% -100% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
(Source: MLS/CLAW)
20
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $319,413 $319,413 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $252.33 $252.33 $- $-
AVERAGE SOLD PRICE $319,875 $319,875 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $252.69 $252.69 $- $-
TOTAL SFH SOLD 22 22 - -
TOTAL SFH FOR SALE AT END OF PERIOD 24 24 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.3 3.3 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $242,112 $242,112 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $181.31 $181.31 $- $-
AVERAGE SOLD PRICE $237,629 $237,629 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $177.95 $177.95 $- $-
TOTAL SFH SOLD 26 26 - -
TOTAL SFH FOR SALE AT END OF PERIOD 26 24 1 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 2.8 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 0% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 32% 32% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 39% 39% 0% 0%
AVERAGE SOLD PRICE 35% 35% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 42% 42% 0% 0%
TOTAL SFH SOLD -15% -15% 0% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -8% 0% -100% -100%
AVERAGE MONTHLY SUPPLY OF INVENTORY 9% 18% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 2% 2% 0% 0%
(Source: MLS/CLAW)
21
CONDOMINIUM SALES DOWNTOWN LOS ANGELES
APRIL MARKET OVERVIEWIn Downtown L.A. there were 49 condominium sales in April 2015, up from 42 in April 2014 and a 2% increase from the
48 sales closed last month. The average list price for condo sales in April 2015 was $731,996 compared to $655,126 for
April 2014, representing a 12% increase. For the three-month period from February to April 2015, the average list price
was 12% higher than the same period of the prior year. Average sales price for April 2015 was $724,620, compared to that
of February through April 2015, which was $691,885. These results indicate that the sale price is trending up. Comparing
April 2015 to March 2015, Downtown L.A. saw a 1% increase in average sale price, and a 12% increase compared to same
month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $702,666 $570,982 $1,515,083 $3,400,000
AVERAGE LIST PRICE PER SQUARE FOOT $607.63 $555.19 $753.59 $1,003.25
AVERAGE SOLD PRICE $691,885 $564,366 $1,483,417 $3,275,000
AVERAGE SOLD PRICE PER SQUARE FOOT $598.31 $548.75 $737.83 $966.36
TOTAL CONDOS SOLD 129 115 12 2
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 98% 96%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $625,249 $549,909 $1,554,444 $-
AVERAGE LIST PRICE PER SQUARE FOOT $548.86 $518.21 $739.78 $-
AVERAGE SOLD PRICE $614,727 $542,696 $1,503,111 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $539.62 $511.41 $715.35 $-
TOTAL CONDOS SOLD 120 111 9 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 119 107 11 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 2.9 3.7 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 97% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 12% 4% -3% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 11% 7% 2% 0%
AVERAGE SOLD PRICE 13% 4% -1% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 11% 7% 3% 0%
TOTAL CONDOS SOLD 8% 4% 33% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -100% -100% -100% -100%
AVERAGE MONTHLY SUPPLY OF INVENTORY -100% -100% -100% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 1% 0%
(Source: MLS/CLAW)
22
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $692,992 $653,769 $1,134,250 $-
AVERAGE LIST PRICE PER SQUARE FOOT $457.52 $448.72 $524.21 $-
AVERAGE SOLD PRICE $708,861 $668,371 $1,164,375 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $468.00 $458.74 $538.13 $-
TOTAL SFH SOLD 49 45 4 -
TOTAL SFH FOR SALE AT END OF PERIOD 35 31 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 2.1 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 103% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $622,537 $612,911 $1,075,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $403.06 $406.00 $338.48 $-
AVERAGE SOLD PRICE $620,797 $612,729 $1,000,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $401.55 $405.50 $314.86 $-
TOTAL SFH SOLD 48 47 1 -
TOTAL SFH FOR SALE AT END OF PERIOD 36 34 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.3 2.2 6.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 93% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 11% 7% 6% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 14% 11% 55% 0%
AVERAGE SOLD PRICE 14% 9% 16% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 17% 13% 71% 0%
TOTAL SFH SOLD 2% -4% 300% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -3% -9% 100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -5% -5% -50% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 3% 2% 10% 0%
(Source: MLS/CLAW)
23
CONDOMINIUM SALES EAGLE ROCK
APRIL MARKET OVERVIEWIn Eagle Rock there were 20 single family home sales in April 2015, down from 25 in April 2014 and a 11% increase from
the 18 sales closed last month. The average list price for single family home sales in April 2015 was $700,730 compared
to $649,096 for April 2014, representing an 8% increase. For the three-month period from February to April 2015, the
average list price was 11% higher than the same period of the prior year. Average sales price for April 2015 was $722,750,
compared to that of February through April 2015, which was $708,861. These results indicate that the sale price is
trending up. Comparing April 2015 to March 2015, Eagle Rock saw a 5% increase in average sale price, and a 15% increase
compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 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%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $385,000 $385,000 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $289.15 $289.15 $- $-
AVERAGE SOLD PRICE $380,000 $380,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $285.39 $285.39 $- $-
TOTAL CONDOS SOLD 2 2 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -100% -100% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -100% -100% 0% 0%
AVERAGE SOLD PRICE -100% -100% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -100% -100% 0% 0%
TOTAL CONDOS SOLD -100% -100% 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 -100% -100% 0% 0%
(Source: MLS/CLAW)
24
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,410,813 $819,576 $1,465,522 $3,549,000
AVERAGE LIST PRICE PER SQUARE FOOT $606.84 $480.66 $591.86 $1,033.41
AVERAGE SOLD PRICE $1,446,995 $815,103 $1,525,851 $3,482,500
AVERAGE SOLD PRICE PER SQUARE FOOT $622.37 $478.04 $616.42 $1,014.05
TOTAL SFH SOLD 72 19 49 4
TOTAL SFH FOR SALE AT END OF PERIOD 63 16 41 6
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.6 2.5 2.5 4.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 99% 104% 98%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,782,950 $807,000 $1,746,465 $4,621,875
AVERAGE LIST PRICE PER SQUARE FOOT $613.28 $426.77 $603.10 $802.27
AVERAGE SOLD PRICE $1,765,580 $804,325 $1,750,572 $4,472,813
AVERAGE SOLD PRICE PER SQUARE FOOT $607.50 $425.35 $605.29 $776.40
TOTAL SFH SOLD 64 22 34 8
TOTAL SFH FOR SALE AT END OF PERIOD 83 28 47 8
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.9 3.8 4.1 3.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 100% 100% 97%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -21% 2% -16% -23%
AVERAGE LIST PRICE PER SQUARE FOOT -1% 13% -2% 29%
AVERAGE SOLD PRICE -18% 1% -13% -22%
AVERAGE SOLD PRICE PER SQUARE FOOT 2% 12% 2% 31%
TOTAL SFH SOLD 13% -14% 44% -50%
TOTAL SFH FOR SALE AT END OF PERIOD -24% -43% -13% -25%
AVERAGE MONTHLY SUPPLY OF INVENTORY -33% -34% -39% 50%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 4% 0% 4% 1%
(Source: MLS/CLAW)
25
CONDOMINIUM SALES HANCOCK PARK
APRIL MARKET OVERVIEWIn Hancock Park - Wilshire there were 34 single family home sales in April 2015, up from 21 in April 2014 and a 127%
increase from the 15 sales closed last month. The average list price for single family home sales in April 2015 was
$1,453,026 almost matching $1,464,143 for April 2014. For the three-month period from February to April 2015, the
average list price was 21% lower than the same period of the prior year. Average sales price for April 2015 was $1,450,949,
compared to that of February through April 2015, which was $1,446,995. These results indicate that the sale price is
trending up. Comparing April 2015 to March 2015, Hancock Park - Wilshire saw a 9% increase in average sale price, and a
2% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $558,173 $558,173 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $421.59 $421.59 $- $-
AVERAGE SOLD PRICE $550,184 $550,184 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $415.55 $415.55 $- $-
TOTAL CONDOS SOLD 41 41 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 88 82 6 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 6.4 6.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $518,968 $503,133 $1,089,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $410.27 $400.54 $688.37 $-
AVERAGE SOLD PRICE $510,038 $494,622 $1,065,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $403.21 $393.76 $673.20 $-
TOTAL CONDOS SOLD 37 36 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 55 51 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.5 4.3 12.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 98% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 8% 11% -100% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 3% 5% -100% 0%
AVERAGE SOLD PRICE 8% 11% -100% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 3% 6% -100% 0%
TOTAL CONDOS SOLD 11% 14% -100% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 60% 61% 50% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 44% 41% -100% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% -100% 0%
(Source: MLS/CLAW)
26
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,157,058 $745,498 $1,443,500 $4,950,000
AVERAGE LIST PRICE PER SQUARE FOOT $751.47 $549.24 $622.71 $4,057.38
AVERAGE SOLD PRICE $1,118,274 $739,936 $1,370,356 $4,650,000
AVERAGE SOLD PRICE PER SQUARE FOOT $726.30 $545.14 $584.64 $3,811.48
TOTAL SFH SOLD 17 12 4 1
TOTAL SFH FOR SALE AT END OF PERIOD 26 20 6 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.6 5.0 4.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 99% 95% 94%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $996,386 $613,771 $1,379,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $562.33 $507.25 $594.58 $-
AVERAGE SOLD PRICE $997,494 $587,701 $1,407,286 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $553.20 $485.70 $592.72 $-
TOTAL SFH SOLD 14 7 7 -
TOTAL SFH FOR SALE AT END OF PERIOD 22 16 6 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.7 6.9 2.6 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 96% 102% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 16% 21% 5% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 34% 8% 5% 0%
AVERAGE SOLD PRICE 12% 26% -3% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 31% 12% -1% 0%
TOTAL SFH SOLD 21% 71% -43% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 18% 25% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -3% -27% 75% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% 4% -7% 0%
(Source: MLS/CLAW)
27
CONDOMINIUM SALES HOLLYWOOD
APRIL MARKET OVERVIEWIn Hollywood there were 11 condominium sales in April 2015, down from 19 in April 2014 and a 8% decrease from the 12
sales closed last month. The average list price for condo sales in April 2015 was $715,545 compared to $644,505 for April
2014, representing an 11% increase. For the three-month period from February to April 2015, the average list price was
14% higher than the same period of the prior year. Average sales price for April 2015 was $710,616, compared to that of
February through April 2015, which was $686,537. These results indicate that the sale price is trending up. Comparing
April 2015 to March 2015, Hollywood saw a 3% increase in average sale price, and a 14% increase compared to same
month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $692,911 $594,854 $1,281,250 $-
AVERAGE LIST PRICE PER SQUARE FOOT $518.56 $483.88 $711.32 $-
AVERAGE SOLD PRICE $686,537 $594,084 $1,241,250 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $513.43 $483.26 $681.18 $-
TOTAL CONDOS SOLD 28 24 4 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 46 38 8 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.9 4.8 6.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 100% 97% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $610,191 $572,037 $1,182,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $483.00 $468.69 $620.41 $-
AVERAGE SOLD PRICE $596,194 $564,607 $1,070,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $471.92 $462.60 $561.39 $-
TOTAL CONDOS SOLD 32 30 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 27 21 6 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.5 2.1 9.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 90% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 14% 4% 8% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 7% 3% 15% 0%
AVERAGE SOLD PRICE 15% 5% 16% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 9% 4% 21% 0%
TOTAL CONDOS SOLD -13% -20% 100% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 70% 81% 33% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 95% 126% -33% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 1% 7% 0%
(Source: MLS/CLAW)
28
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,346,526 $930,333 $1,496,356 $-
AVERAGE LIST PRICE PER SQUARE FOOT $559.80 $487.34 $579.08 $-
AVERAGE SOLD PRICE $1,336,668 $889,333 $1,497,709 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $555.71 $465.86 $579.60 $-
TOTAL SFH SOLD 34 9 25 -
TOTAL SFH FOR SALE AT END OF PERIOD 40 10 26 4
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.5 3.3 3.1 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 96% 100% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,235,778 $875,429 $1,249,632 $3,495,000
AVERAGE LIST PRICE PER SQUARE FOOT $556.10 $501.40 $578.89 $512.09
AVERAGE SOLD PRICE $1,225,468 $809,857 $1,259,138 $3,495,000
AVERAGE SOLD PRICE PER SQUARE FOOT $551.39 $464.39 $582.13 $512.09
TOTAL SFH SOLD 27 7 19 1
TOTAL SFH FOR SALE AT END OF PERIOD 57 14 42 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 6.3 6.0 6.6 3.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 93% 101% 100%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 9% 6% 20% -100%
AVERAGE LIST PRICE PER SQUARE FOOT 1% -3% 0% -100%
AVERAGE SOLD PRICE 9% 10% 19% -100%
AVERAGE SOLD PRICE PER SQUARE FOOT 1% 0% 0% -100%
TOTAL SFH SOLD 26% 29% 32% -100%
TOTAL SFH FOR SALE AT END OF PERIOD -30% -29% -38% 300%
AVERAGE MONTHLY SUPPLY OF INVENTORY -44% -44% -53% -100%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 3% -1% -100%
(Source: MLS/CLAW)
29
CONDOMINIUM SALES HOLLYWOOD HILLS EAST
APRIL MARKET OVERVIEWIn Hollywood Hills East there were 16 single family home sales in April 2015, up from 11 in April 2014 and a 45% increase
from the 11 sales closed last month. The average list price for single family home sales in April 2015 was $1,424,181
compared to $1,111,364 for April 2014, representing a 28% increase. For the three-month period from February to April
2015, the average list price was 9% higher than the same period of the prior year. Average sales price for April 2015 was
$1,405,688, compared to that of February through April 2015, which was $1,336,668. These results indicate that the sale
price is trending up. Comparing April 2015 to March 2015, Hollywood Hills East saw a 14% increase in average sale price,
and a 27% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $420,900 $420,900 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $394.18 $394.18 $- $-
AVERAGE SOLD PRICE $415,489 $415,489 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $389.12 $389.12 $- $-
TOTAL CONDOS SOLD 9 9 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $447,727 $447,727 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $394.66 $394.66 $- $-
AVERAGE SOLD PRICE $452,182 $452,182 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $398.59 $398.59 $- $-
TOTAL CONDOS SOLD 11 11 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 10 9 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.7 2.5 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -6% -6% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 0% 0% 0% 0%
AVERAGE SOLD PRICE -8% -8% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -2% -2% 0% 0%
TOTAL CONDOS SOLD -18% -18% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -100% -100% -100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -100% -100% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -2% -2% 0% 0%
(Source: MLS/CLAW)
30
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,290,306 $762,604 $1,606,393 $3,197,500
AVERAGE LIST PRICE PER SQUARE FOOT $602.11 $501.55 $620.13 $954.91
AVERAGE SOLD PRICE $1,294,782 $775,563 $1,599,097 $3,265,000
AVERAGE SOLD PRICE PER SQUARE FOOT $604.20 $510.07 $617.32 $975.06
TOTAL SFH SOLD 54 24 28 2
TOTAL SFH FOR SALE AT END OF PERIOD 51 5 35 11
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 0.6 3.8 16.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 102% 100% 102%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,617,639 $773,075 $1,893,172 $5,710,667
AVERAGE LIST PRICE PER SQUARE FOOT $616.33 $447.49 $655.90 $792.52
AVERAGE SOLD PRICE $1,603,696 $783,000 $1,867,929 $5,615,000
AVERAGE SOLD PRICE PER SQUARE FOOT $612.14 $453.23 $649.04 $779.25
TOTAL SFH SOLD 56 24 29 3
TOTAL SFH FOR SALE AT END OF PERIOD 61 15 41 5
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.3 1.9 4.2 5.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 101% 99% 98%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -20% -1% -15% -44%
AVERAGE LIST PRICE PER SQUARE FOOT -2% 12% -5% 20%
AVERAGE SOLD PRICE -19% -1% -14% -42%
AVERAGE SOLD PRICE PER SQUARE FOOT -1% 13% -5% 25%
TOTAL SFH SOLD -4% 0% -3% -33%
TOTAL SFH FOR SALE AT END OF PERIOD -16% -67% -15% 120%
AVERAGE MONTHLY SUPPLY OF INVENTORY -13% -67% -12% 230%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 0% 1% 4%
(Source: MLS/CLAW)
31
CONDOMINIUM SALES LOS FELIZ
APRIL MARKET OVERVIEWIn Los Feliz there were 23 single family home sales in April 2015, up from 18 in April 2014 and a 44% increase from the
16 sales closed last month. The average list price for single family home sales in April 2015 was $1,158,935 compared
to $1,620,161 for April 2014, representing a 28% decrease. For the three-month period from February to April 2015, the
average list price was 20% lower than the same period of the prior year. Average sales price for April 2015 was $1,173,770,
compared to that of February through April 2015, which was $1,294,782. These results indicate that the sale price is
trending down. Comparing April 2015 to March 2015, Los Feliz saw a 10% decrease in average sale price, and a 28%
decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $539,350 $539,350 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $509.59 $509.59 $- $-
AVERAGE SOLD PRICE $551,990 $551,990 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $521.53 $521.53 $- $-
TOTAL CONDOS SOLD 10 10 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 0% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $472,357 $472,357 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $438.41 $438.41 $- $-
AVERAGE SOLD PRICE $481,143 $481,143 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $446.57 $446.57 $- $-
TOTAL CONDOS SOLD 7 7 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 5 5 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 2.1 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 14% 14% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 16% 16% 0% 0%
AVERAGE SOLD PRICE 15% 15% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 17% 17% 0% 0%
TOTAL CONDOS SOLD 43% 43% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -100% -100% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -100% -100% 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 | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,609,085 $880,580 $2,065,188 $5,503,222
AVERAGE LIST PRICE PER SQUARE FOOT $766.02 $496.78 $626.92 $1,103.10
AVERAGE SOLD PRICE $2,473,496 $820,300 $2,007,103 $5,050,222
AVERAGE SOLD PRICE PER SQUARE FOOT $725.66 $482.36 $608.41 $1,012.29
TOTAL SFH SOLD 46 5 32 9
TOTAL SFH FOR SALE AT END OF PERIOD 142 3 58 81
AVERAGE MONTHLY SUPPLY OF INVENTORY 9.3 1.8 5.4 27.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 93% 97% 92%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,808,890 $787,483 $2,038,260 $5,662,909
AVERAGE LIST PRICE PER SQUARE FOOT $715.18 $417.21 $660.90 $847.39
AVERAGE SOLD PRICE $2,589,853 $777,500 $1,918,437 $5,104,355
AVERAGE SOLD PRICE PER SQUARE FOOT $658.84 $411.92 $623.89 $755.14
TOTAL SFH SOLD 42 6 25 11
TOTAL SFH FOR SALE AT END OF PERIOD 171 6 80 85
AVERAGE MONTHLY SUPPLY OF INVENTORY 12.2 3.0 9.6 23.2
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 92% 99% 94% 90%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -7% 12% 1% -3%
AVERAGE LIST PRICE PER SQUARE FOOT 7% 19% -5% 30%
AVERAGE SOLD PRICE -4% 6% 5% -1%
AVERAGE SOLD PRICE PER SQUARE FOOT 10% 17% -2% 34%
TOTAL SFH SOLD 10% -17% 28% -18%
TOTAL SFH FOR SALE AT END OF PERIOD -17% -50% -28% -5%
AVERAGE MONTHLY SUPPLY OF INVENTORY -24% -40% -43% 16%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 3% -6% 3% 2%
(Source: MLS/CLAW)
33
CONDOMINIUM SALES MALIBU
APRIL MARKET OVERVIEWIn Malibu there were 19 single family home sales in April 2015, up from 16 in April 2014 and a 27% increase from the 15
sales closed last month. The average list price for single family home sales in April 2015 was $2,472,100 compared to
$2,724,806 for April 2014, representing a 9% decrease. For the three-month period from February to April 2015, the
average list price was 7% lower than the same period of the prior year. Average sales price for April 2015 was $2,384,194,
compared to that of February through April 2015, which was $2,473,496. These results indicate that the sale price is
trending down. Comparing April 2015 to March 2015, Malibu saw a 6% decrease in average sale price, and a 8% decrease
compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $977,636 $665,333 $1,352,400 $-
AVERAGE LIST PRICE PER SQUARE FOOT $574.34 $484.82 $644.61 $-
AVERAGE SOLD PRICE $955,000 $645,000 $1,327,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $561.04 $470.00 $632.51 $-
TOTAL CONDOS SOLD 11 6 5 -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 97% 98% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,017,271 $724,000 $1,408,300 $-
AVERAGE LIST PRICE PER SQUARE FOOT $640.71 $414.84 $1,022.24 $-
AVERAGE SOLD PRICE $1,028,143 $701,750 $1,463,333 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $647.56 $402.09 $1,062.18 $-
TOTAL CONDOS SOLD 7 4 3 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 23 16 7 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 9.9 12.0 7.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 97% 104% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -4% -8% -4% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -10% 17% -37% 0%
AVERAGE SOLD PRICE -7% -8% -9% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -13% 17% -40% 0%
TOTAL CONDOS SOLD 57% 50% 67% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -100% -100% -100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -100% -100% -100% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% 0% -6% 0%
(Source: MLS/CLAW)
34
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $5,568,750 $- $2,177,500 $6,699,167
AVERAGE LIST PRICE PER SQUARE FOOT $1,952.66 $- $1,356.70 $2,050.24
AVERAGE SOLD PRICE $5,157,813 $- $2,002,500 $6,209,583
AVERAGE SOLD PRICE PER SQUARE FOOT $1,808.57 $- $1,247.66 $1,900.41
TOTAL SFH SOLD 8 - 2 6
TOTAL SFH FOR SALE AT END OF PERIOD 68 - 6 62
AVERAGE MONTHLY SUPPLY OF INVENTORY 25.5 - 9.0 31.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 93% 0% 92% 93%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $7,066,400 $- $2,424,500 $8,226,875
AVERAGE LIST PRICE PER SQUARE FOOT $2,582.20 $- $1,365.15 $2,780.76
AVERAGE SOLD PRICE $6,543,025 $- $2,317,000 $7,599,531
AVERAGE SOLD PRICE PER SQUARE FOOT $2,396.99 $- $1,304.62 $2,575.21
TOTAL SFH SOLD 10 - 2 8
TOTAL SFH FOR SALE AT END OF PERIOD 61 - 12 49
AVERAGE MONTHLY SUPPLY OF INVENTORY 18.3 - 18.0 18.4
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 93% 0% 96% 92%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -21% 0% -10% -19%
AVERAGE LIST PRICE PER SQUARE FOOT -24% 0% -1% -26%
AVERAGE SOLD PRICE -21% 0% -14% -18%
AVERAGE SOLD PRICE PER SQUARE FOOT -25% 0% -4% -26%
TOTAL SFH SOLD -20% 0% 0% -25%
TOTAL SFH FOR SALE AT END OF PERIOD 11% 0% -50% 27%
AVERAGE MONTHLY SUPPLY OF INVENTORY 39% 0% -50% 69%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% -4% 0%
(Source: MLS/CLAW)
35
CONDOMINIUM SALES MALIBU BEACH
APRIL MARKET OVERVIEWIn Malibu Beach there were 3 single family home sales in April 2015, up from 2 in April 2014 and a similar performance
from the 3 sales closed last month. The average list price for single family home sales in April 2015 was $5,266,667
compared to $3,937,500 for April 2014, representing a 34% increase. For the three-month period from February to April
2015, the average list price was 21% lower than the same period of the prior year. Average sales price for April 2015 was
$4,791,667, compared to that of February through April 2015, which was $5,157,813. These results indicate that the sale
price is trending down. Comparing April 2015 to March 2015, Malibu Beach saw a 16% decrease in average sale price, but
a 33% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,139,750 $786,333 $2,200,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $975.19 $759.74 $1,401.27 $-
AVERAGE SOLD PRICE $1,095,000 $781,667 $2,035,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $936.90 $755.23 $1,296.18 $-
TOTAL CONDOS SOLD 4 3 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 99% 93% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $816,000 $816,000 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $836.71 $836.71 $- $-
AVERAGE SOLD PRICE $775,750 $775,750 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $795.44 $795.44 $- $-
TOTAL CONDOS SOLD 4 4 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 21 13 6 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 15.8 9.8 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 95% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 40% -4% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 17% -9% 0% 0%
AVERAGE SOLD PRICE 41% 1% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 18% -5% 0% 0%
TOTAL CONDOS SOLD 0% -25% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -100% -100% -100% -100%
AVERAGE MONTHLY SUPPLY OF INVENTORY -100% -100% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 5% 0% 0%
(Source: MLS/CLAW)
36
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,039,244 $707,000 $2,011,158 $3,540,000
AVERAGE LIST PRICE PER SQUARE FOOT $665.50 $688.41 $639.48 $766.73
AVERAGE SOLD PRICE $2,008,197 $740,000 $1,995,930 $3,350,000
AVERAGE SOLD PRICE PER SQUARE FOOT $655.36 $720.55 $634.64 $725.58
TOTAL SFH SOLD 16 2 12 2
TOTAL SFH FOR SALE AT END OF PERIOD 7 - 5 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.3 - 1.3 3.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 105% 99% 95%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,413,927 $690,526 $1,874,273 $-
AVERAGE LIST PRICE PER SQUARE FOOT $592.98 $565.18 $599.21 $-
AVERAGE SOLD PRICE $1,366,299 $711,304 $1,783,114 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $572.51 $583.39 $570.07 $-
TOTAL SFH SOLD 18 7 11 -
TOTAL SFH FOR SALE AT END OF PERIOD 11 2 7 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 0.9 1.9 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 103% 95% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 44% 2% 7% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 12% 22% 7% 0%
AVERAGE SOLD PRICE 47% 4% 12% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 14% 24% 11% 0%
TOTAL SFH SOLD -11% -71% 9% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -36% -100% -29% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -28% -100% -35% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 2% 2% 4% 0%
(Source: MLS/CLAW)
37
CONDOMINIUM SALES MARINA DEL REY
APRIL MARKET OVERVIEWIn Marina Del Rey there were 28 condominium sales in April 2015, up from 27 in April 2014 and a 24% decrease from the
37 sales closed last month. The average list price for condo sales in April 2015 was $1,026,464 compared to $971,870 for
April 2014, representing a 6% increase. For the three-month period from February to April 2015, the average list price was
21% higher than the same period of the prior year. Average sales price for April 2015 was $1,012,563, compared to that of
February through April 2015, which was $1,011,322. These results indicate that the sale price is trending up. Comparing
April 2015 to March 2015, Marina Del Rey saw a 6% increase in average sale price, and a 6% increase compared to same
month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,036,000 $789,241 $1,446,150 $3,597,000
AVERAGE LIST PRICE PER SQUARE FOOT $614.93 $518.52 $785.03 $1,168.28
AVERAGE SOLD PRICE $1,011,322 $785,232 $1,391,788 $3,311,090
AVERAGE SOLD PRICE PER SQUARE FOOT $601.39 $515.88 $755.52 $1,051.75
TOTAL CONDOS SOLD 76 54 20 2
TOTAL CONDOS FOR SALE AT END OF PERIOD 136 76 58 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.4 4.2 8.7 3.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 96% 92%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $855,108 $704,700 $1,499,714 $-
AVERAGE LIST PRICE PER SQUARE FOOT $532.77 $456.79 $796.99 $-
AVERAGE SOLD PRICE $834,311 $691,750 $1,445,286 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $519.72 $448.30 $768.07 $-
TOTAL CONDOS SOLD 74 60 14 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 79 48 29 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.2 2.4 6.2 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 96% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 21% 12% -4% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 15% 14% -2% 0%
AVERAGE SOLD PRICE 21% 14% -4% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 16% 15% -2% 0%
TOTAL CONDOS SOLD 3% -10% 43% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 72% 58% 100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 68% 76% 40% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 1% 0% 0%
(Source: MLS/CLAW)
38
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $523,659 $498,464 $1,254,333 $-
AVERAGE LIST PRICE PER SQUARE FOOT $314.92 $308.47 $414.88 $-
AVERAGE SOLD PRICE $521,805 $495,610 $1,281,467 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $313.80 $306.70 $423.86 $-
TOTAL SFH SOLD 90 87 3 -
TOTAL SFH FOR SALE AT END OF PERIOD 75 72 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.5 2.5 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 99% 102% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $485,269 $471,252 $1,102,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $302.80 $300.37 $354.11 $-
AVERAGE SOLD PRICE $484,499 $470,443 $1,103,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $302.43 $299.96 $354.43 $-
TOTAL SFH SOLD 90 88 2 -
TOTAL SFH FOR SALE AT END OF PERIOD 100 91 9 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.3 3.1 13.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 8% 6% 14% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 4% 3% 17% 0%
AVERAGE SOLD PRICE 8% 5% 16% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 4% 2% 20% 0%
TOTAL SFH SOLD 0% -1% 50% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -25% -21% -67% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -25% -20% -78% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 2% 0%
(Source: MLS/CLAW)
39
CONDOMINIUM SALES MID LOS ANGELES
APRIL MARKET OVERVIEWIn Mid Los Angeles there were 33 single family home sales in April 2015, up from 26 in April 2014 and a 3% increase from
the 32 sales closed last month. The average list price for single family home sales in April 2015 was $566,221 compared
to $511,127 for April 2014, representing an 11% increase. For the three-month period from February to April 2015, the
average list price was 8% higher than the same period of the prior year. Average sales price for April 2015 was $569,612,
compared to that of February through April 2015, which was $521,805. These results indicate that the sale price is
trending up. Comparing April 2015 to March 2015, Mid Los Angeles saw a 15% increase in average sale price, and a 11%
increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $399,000 $399,000 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $286.64 $286.64 $- $-
AVERAGE SOLD PRICE $385,000 $385,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $276.58 $276.58 $- $-
TOTAL CONDOS SOLD 1 1 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 2 2 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 6.0 6.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 96% 0% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $267,950 $267,950 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $214.19 $214.19 $- $-
AVERAGE SOLD PRICE $266,000 $266,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $212.63 $212.63 $- $-
TOTAL CONDOS SOLD 2 2 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 3 3 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.5 4.5 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 49% 49% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 34% 34% 0% 0%
AVERAGE SOLD PRICE 45% 45% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 30% 30% 0% 0%
TOTAL CONDOS SOLD -50% -50% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -33% -33% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 33% 33% 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 | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $779,273 $614,625 $1,218,333 $-
AVERAGE LIST PRICE PER SQUARE FOOT $333.15 $384.08 $282.72 $-
AVERAGE SOLD PRICE $770,909 $614,375 $1,188,333 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $329.58 $383.92 $275.76 $-
TOTAL SFH SOLD 11 8 3 -
TOTAL SFH FOR SALE AT END OF PERIOD 17 12 5 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.6 4.5 5.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 100% 98% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $642,200 $642,200 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $350.47 $350.47 $- $-
AVERAGE SOLD PRICE $660,000 $660,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $360.18 $360.18 $- $-
TOTAL SFH SOLD 5 5 - -
TOTAL SFH FOR SALE AT END OF PERIOD 14 11 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 8.4 6.6 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 103% 0% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 21% -4% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -5% 10% 0% 0%
AVERAGE SOLD PRICE 17% -7% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -8% 7% 0% 0%
TOTAL SFH SOLD 120% 60% 0% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 21% 9% 67% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -45% -32% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -4% -3% 0% 0%
(Source: MLS/CLAW)
41
CONDOMINIUM SALES MID WILSHIRE
APRIL MARKET OVERVIEWIn Mid Wilshire there were 9 condominium sales in April 2015, which is the same as April 2014 and a 44% decrease from
the 16 sales closed last month. The average list price for condo sales in April 2015 was $621,222 compared to $482,211
for April 2014, representing a 29% increase. For the three-month period from February to April 2015, the average list price
was 8% higher than the same period of the prior year. Average sales price for April 2015 was $601,722, compared to that
of February through April 2015, which was $469,974. These results indicate that the sale price is trending up. Comparing
April 2015 to March 2015, Mid Wilshire saw a 35% increase in average sale price, and a 27% increase compared to same
month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $479,847 $445,450 $1,099,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $446.18 $427.89 $648.38 $-
AVERAGE SOLD PRICE $469,974 $439,139 $1,025,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $437.00 $421.83 $604.72 $-
TOTAL CONDOS SOLD 38 36 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 74 74 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.8 6.2 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 93% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $444,011 $444,011 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $373.09 $373.09 $- $-
AVERAGE SOLD PRICE $431,650 $431,650 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $362.71 $362.71 $- $-
TOTAL CONDOS SOLD 36 36 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 53 52 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.4 4.3 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 97% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 8% 0% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 20% 15% 0% 0%
AVERAGE SOLD PRICE 9% 2% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 20% 16% 0% 0%
TOTAL CONDOS SOLD 6% 0% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 40% 42% -100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 32% 42% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 1% 0% 0%
(Source: MLS/CLAW)
42
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $697,342 $620,984 $1,015,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $444.18 $429.43 $484.22 $-
AVERAGE SOLD PRICE $727,203 $622,652 $1,162,833 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $461.99 $427.93 $554.48 $-
TOTAL SFH SOLD 31 25 6 -
TOTAL SFH FOR SALE AT END OF PERIOD 20 18 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.9 2.2 1.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 104% 100% 115% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $555,848 $555,848 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $471.61 $471.61 $- $-
AVERAGE SOLD PRICE $566,127 $566,127 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $481.33 $481.33 $- $-
TOTAL SFH SOLD 33 33 - -
TOTAL SFH FOR SALE AT END OF PERIOD 31 29 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 2.6 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 0% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 25% 12% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -6% -9% 0% 0%
AVERAGE SOLD PRICE 28% 10% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -4% -11% 0% 0%
TOTAL SFH SOLD -6% -24% 0% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -35% -38% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -31% -18% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 2% -2% 0% 0%
(Source: MLS/CLAW)
43
CONDOMINIUM SALES MOUNT WASHINGTON
APRIL MARKET OVERVIEWIn Mount Washington there were 8 single family home sales in April 2015, down from 15 in April 2014 and a 53% decrease
from the 17 sales closed last month. The average list price for single family home sales in April 2015 was $702,488
compared to $576,627 for April 2014, representing a 22% increase. For the three-month period from February to April
2015, the average list price was 25% higher than the same period of the prior year. Average sales price for April 2015 was
$802,813, compared to that of February through April 2015, which was $727,203. These results indicate that the sale price
is trending up. Comparing April 2015 to March 2015, Mount Washington saw a 19% increase in average sale price, and a
35% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 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%
CONDOSFEB - APR 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%
CONDOSAPR/APR 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 | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,619,014 $- $2,120,360 $5,393,737
AVERAGE LIST PRICE PER SQUARE FOOT $980.75 $- $866.31 $1,039.51
AVERAGE SOLD PRICE $3,550,605 $- $2,122,689 $5,241,558
AVERAGE SOLD PRICE PER SQUARE FOOT $962.87 $- $872.17 $1,009.44
TOTAL SFH SOLD 83 - 45 38
TOTAL SFH FOR SALE AT END OF PERIOD 72 - 23 49
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.6 - 1.5 3.9
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 0% 100% 97%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,627,183 $875,000 $1,915,275 $6,001,467
AVERAGE LIST PRICE PER SQUARE FOOT $933.06 $- $793.67 $1,029.01
AVERAGE SOLD PRICE $3,581,377 $825,000 $1,951,731 $5,846,119
AVERAGE SOLD PRICE PER SQUARE FOOT $922.41 $- $809.13 $1,000.39
TOTAL SFH SOLD 71 1 40 30
TOTAL SFH FOR SALE AT END OF PERIOD 69 - 30 39
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.9 - 2.3 3.9
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 94% 102% 97%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 0% -100% 11% -10%
AVERAGE LIST PRICE PER SQUARE FOOT 5% 0% 9% 1%
AVERAGE SOLD PRICE -1% -100% 9% -10%
AVERAGE SOLD PRICE PER SQUARE FOOT 4% 0% 8% 1%
TOTAL SFH SOLD 17% -100% 13% 27%
TOTAL SFH FOR SALE AT END OF PERIOD 4% 0% -23% 26%
AVERAGE MONTHLY SUPPLY OF INVENTORY -11% 0% -32% -1%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -100% -2% 0%
(Source: MLS/CLAW)
45
CONDOMINIUM SALES PACIFIC PALISADES
APRIL MARKET OVERVIEWIn Pacific Palisades there were 40 single family home sales in April 2015, up from 24 in April 2014 and a 60% increase
from the 25 sales closed last month. The average list price for single family home sales in April 2015 was $3,352,280
compared to $3,638,667 for April 2014, representing an 8% decrease. For the three-month period from February to April
2015, the average list price was flat compared to the same period of the prior year. Average sales price for April 2015 was
$3,305,721, compared to that of February through April 2015, which was $3,550,605. These results indicate that the sale
price is trending down. Comparing April 2015 to March 2015, Pacific Palisades saw a 24% decrease in average sale price,
and a 7% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,050,685 $695,317 $1,355,286 $-
AVERAGE LIST PRICE PER SQUARE FOOT $627.62 $565.91 $659.23 $-
AVERAGE SOLD PRICE $1,045,923 $689,167 $1,351,714 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $624.78 $560.91 $657.49 $-
TOTAL CONDOS SOLD 13 6 7 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 26 22 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 6.0 11.0 1.7 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 99% 100% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $882,570 $621,007 $1,480,429 $-
AVERAGE LIST PRICE PER SQUARE FOOT $557.91 $472.32 $664.68 $-
AVERAGE SOLD PRICE $868,809 $620,163 $1,437,143 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $549.16 $472.14 $645.24 $-
TOTAL CONDOS SOLD 23 16 7 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 17 15 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.2 2.8 0.9 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 100% 97% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 19% 12% -8% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 12% 20% -1% 0%
AVERAGE SOLD PRICE 20% 11% -6% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 14% 19% 2% 0%
TOTAL CONDOS SOLD -43% -63% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 53% 47% 100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 171% 291% 100% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% -1% 3% 0%
(Source: MLS/CLAW)
46
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,299,872 $880,263 $1,518,068 $-
AVERAGE LIST PRICE PER SQUARE FOOT $680.24 $682.48 $679.57 $-
AVERAGE SOLD PRICE $1,303,556 $881,615 $1,522,965 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $682.17 $683.52 $681.76 $-
TOTAL SFH SOLD 76 26 50 -
TOTAL SFH FOR SALE AT END OF PERIOD 42 13 29 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.7 1.5 1.7 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,161,870 $781,168 $1,408,283 $2,995,000
AVERAGE LIST PRICE PER SQUARE FOOT $625.86 $628.42 $622.26 $680.68
AVERAGE SOLD PRICE $1,184,968 $796,174 $1,435,595 $3,100,000
AVERAGE SOLD PRICE PER SQUARE FOOT $638.31 $640.49 $634.32 $704.55
TOTAL SFH SOLD 75 32 42 1
TOTAL SFH FOR SALE AT END OF PERIOD 59 20 39 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 1.9 2.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 102% 104%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 12% 13% 8% -100%
AVERAGE LIST PRICE PER SQUARE FOOT 9% 9% 9% -100%
AVERAGE SOLD PRICE 10% 11% 6% -100%
AVERAGE SOLD PRICE PER SQUARE FOOT 7% 7% 7% -100%
TOTAL SFH SOLD 1% -19% 19% -100%
TOTAL SFH FOR SALE AT END OF PERIOD -29% -35% -26% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -30% -20% -38% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -2% -2% -2% -100%
(Source: MLS/CLAW)
47
CONDOMINIUM SALES PALMS - MAR VISTA
APRIL MARKET OVERVIEWIn Palms - Mar Vista there were 34 single family home sales in April 2015, up from 30 in April 2014 and a 42% increase
from the 24 sales closed last month. The average list price for single family home sales in April 2015 was $1,317,057
compared to $1,072,490 for April 2014, representing a 23% increase. For the three-month period from February to April
2015, the average list price was 12% higher than the same period of the prior year. Average sales price for April 2015 was
$1,319,202, compared to that of February through April 2015, which was $1,303,556. These results indicate that the sale
price is trending up. Comparing April 2015 to March 2015, Palms - Mar Vista saw a 1% increase in average sale price, and a
20% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $563,595 $563,595 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $433.93 $433.93 $- $-
AVERAGE SOLD PRICE $573,451 $573,451 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $441.52 $441.52 $- $-
TOTAL CONDOS SOLD 21 21 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 20 20 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.9 2.9 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 0% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $452,791 $452,791 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $415.61 $415.61 $- $-
AVERAGE SOLD PRICE $458,432 $458,432 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $420.79 $420.79 $- $-
TOTAL CONDOS SOLD 22 22 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 34 34 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.6 4.6 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 24% 24% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 4% 4% 0% 0%
AVERAGE SOLD PRICE 25% 25% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 5% 5% 0% 0%
TOTAL CONDOS SOLD -5% -5% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -41% -41% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -38% -38% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 0% 0%
(Source: MLS/CLAW)
48
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,975,333 $879,000 $2,012,250 $3,725,000
AVERAGE LIST PRICE PER SQUARE FOOT $563.27 $573.57 $554.37 $610.66
AVERAGE SOLD PRICE $1,890,667 $875,000 $1,913,333 $3,650,000
AVERAGE SOLD PRICE PER SQUARE FOOT $539.99 $570.96 $527.47 $598.36
TOTAL SFH SOLD 15 2 12 1
TOTAL SFH FOR SALE AT END OF PERIOD 4 - 3 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 0.8 - 0.8 3.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 100% 95% 98%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,527,200 $927,667 $1,334,091 $5,450,000
AVERAGE LIST PRICE PER SQUARE FOOT $493.18 $391.48 $515.00 $502.49
AVERAGE SOLD PRICE $1,505,606 $906,667 $1,342,190 $5,100,000
AVERAGE SOLD PRICE PER SQUARE FOOT $486.20 $382.61 $518.13 $470.22
TOTAL SFH SOLD 15 3 11 1
TOTAL SFH FOR SALE AT END OF PERIOD 18 1 14 3
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.6 1.0 3.8 9.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 98% 101% 94%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 29% -5% 51% -32%
AVERAGE LIST PRICE PER SQUARE FOOT 14% 47% 8% 22%
AVERAGE SOLD PRICE 26% -3% 43% -28%
AVERAGE SOLD PRICE PER SQUARE FOOT 11% 49% 2% 27%
TOTAL SFH SOLD 0% -33% 9% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -78% -100% -79% -67%
AVERAGE MONTHLY SUPPLY OF INVENTORY -78% -100% -80% -67%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% 2% -5% 5%
(Source: MLS/CLAW)
49
CONDOMINIUM SALES PLAYA DEL REY
APRIL MARKET OVERVIEWIn Playa Del Rey there were 18 condominium sales in April 2015, up from 14 in April 2014 and a 20% increase from the 15
sales closed last month. The average list price for condo sales in April 2015 was $475,250 almost matching $458,664 for
April 2014. For the three-month period from February to April 2015, the average list price was 6% lower than the same
period of the prior year. Average sales price for April 2015 was $475,722, compared to that of February through April 2015,
which was $480,774. These results indicate that the sale price is trending down. Comparing April 2015 to March 2015,
Playa Del Rey saw a 6% decrease in average sale price, but a 5% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $478,724 $478,724 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $468.87 $468.87 $- $-
AVERAGE SOLD PRICE $480,774 $480,774 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $470.87 $470.87 $- $-
TOTAL CONDOS SOLD 38 38 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $509,635 $466,786 $1,259,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $441.83 $415.21 $756.46 $-
AVERAGE SOLD PRICE $503,034 $461,493 $1,230,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $436.11 $410.50 $738.74 $-
TOTAL CONDOS SOLD 37 35 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 24 23 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.9 2.0 1.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 98% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -6% 3% -100% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 6% 13% -100% 0%
AVERAGE SOLD PRICE -4% 4% -100% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 8% 15% -100% 0%
TOTAL CONDOS SOLD 3% 9% -100% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -100% -100% -100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -100% -100% -100% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 2% 2% -100% 0%
(Source: MLS/CLAW)
50
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,840,780 $- $1,840,780 $-
AVERAGE LIST PRICE PER SQUARE FOOT $517.39 $- $517.39 $-
AVERAGE SOLD PRICE $1,821,980 $- $1,821,980 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $512.11 $- $512.11 $-
TOTAL SFH SOLD 5 - 5 -
TOTAL SFH FOR SALE AT END OF PERIOD 3 - 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 - 1.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 0% 99% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,049,500 $- $1,049,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $408.84 $- $408.84 $-
AVERAGE SOLD PRICE $1,067,498 $- $1,067,498 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $415.85 $- $415.85 $-
TOTAL SFH SOLD 2 - 2 -
TOTAL SFH FOR SALE AT END OF PERIOD 4 - 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 6.0 - 6.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 0% 102% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 75% 0% 75% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 27% 0% 27% 0%
AVERAGE SOLD PRICE 71% 0% 71% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 23% 0% 23% 0%
TOTAL SFH SOLD 150% 0% 150% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -25% 0% -25% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -70% 0% -70% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% 0% -3% 0%
(Source: MLS/CLAW)
51
CONDOMINIUM SALES PLAYA VISTA
APRIL MARKET OVERVIEWIn Playa Vista there were 13 condominium sales in April 2015, which is the same as April 2014 and a 30% increase from
the 10 sales closed last month. The average list price for condo sales in April 2015 was $750,423 compared to $678,538
for April 2014, representing an 11% increase. For the three-month period from February to April 2015, the average list
price was 15% higher than the same period of the prior year. Average sales price for April 2015 was $760,538, compared
to that of February through April 2015, which was $798,834. These results indicate that the sale price is trending down.
Comparing April 2015 to March 2015, Playa Vista saw a 2% increase in average sale price, and a 11% increase compared to
same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $800,701 $749,161 $1,298,921 $-
AVERAGE LIST PRICE PER SQUARE FOOT $501.76 $504.54 $486.79 $-
AVERAGE SOLD PRICE $798,834 $750,138 $1,269,561 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $500.59 $505.20 $475.79 $-
TOTAL CONDOS SOLD 32 29 3 -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 98% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $693,314 $674,585 $1,199,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $452.08 $457.51 $383.07 $-
AVERAGE SOLD PRICE $696,264 $677,422 $1,205,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $454.00 $459.43 $384.98 $-
TOTAL CONDOS SOLD 28 27 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 23 19 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.5 2.1 12.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 101% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 15% 11% 8% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 11% 10% 27% 0%
AVERAGE SOLD PRICE 15% 11% 5% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 10% 10% 24% 0%
TOTAL CONDOS SOLD 14% 7% 200% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -100% -100% -100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -100% -100% -100% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% 0% -3% 0%
(Source: MLS/CLAW)
52
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,646,542 $729,000 $1,857,839 $4,294,500
AVERAGE LIST PRICE PER SQUARE FOOT $1,129.82 $1,168.27 $1,009.15 $1,268.11
AVERAGE SOLD PRICE $2,678,975 $762,000 $1,905,000 $4,298,362
AVERAGE SOLD PRICE PER SQUARE FOOT $1,146.70 $1,221.15 $1,036.57 $1,272.41
TOTAL SFH SOLD 48 1 31 16
TOTAL SFH FOR SALE AT END OF PERIOD 45 - 19 26
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 - 1.8 4.9
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 105% 103% 100%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,619,122 $942,600 $1,757,071 $4,651,625
AVERAGE LIST PRICE PER SQUARE FOOT $945.38 $838.48 $900.52 $983.04
AVERAGE SOLD PRICE $2,595,697 $879,300 $1,825,541 $4,479,845
AVERAGE SOLD PRICE PER SQUARE FOOT $935.94 $777.86 $934.79 $946.74
TOTAL SFH SOLD 49 5 28 16
TOTAL SFH FOR SALE AT END OF PERIOD 42 1 21 20
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.6 0.6 2.3 3.8
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 93% 104% 96%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 1% -23% 6% -8%
AVERAGE LIST PRICE PER SQUARE FOOT 20% 39% 12% 29%
AVERAGE SOLD PRICE 3% -13% 4% -4%
AVERAGE SOLD PRICE PER SQUARE FOOT 23% 57% 11% 34%
TOTAL SFH SOLD -2% -80% 11% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 7% -100% -10% 30%
AVERAGE MONTHLY SUPPLY OF INVENTORY 9% -100% -18% 30%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 2% 12% -1% 4%
(Source: MLS/CLAW)
53
CONDOMINIUM SALES SANTA MONICA
APRIL MARKET OVERVIEWIn Santa Monica there were 39 condominium sales in April 2015, down from 44 in April 2014 and a 11% decrease from the
44 sales closed last month. The average list price for condo sales in April 2015 was $1,344,128 compared to $951,886 for
April 2014, representing a 41% increase. For the three-month period from February to April 2015, the average list price
was 34% higher than the same period of the prior year. Average sales price for April 2015 was $1,362,282, compared
to that of February through April 2015, which was $1,213,031. These results indicate that the sale price is trending
up. Comparing April 2015 to March 2015, Santa Monica saw a 11% increase in average sale price, and a 42% increase
compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,216,174 $666,096 $1,526,543 $4,383,667
AVERAGE LIST PRICE PER SQUARE FOOT $932.17 $690.97 $993.52 $1,753.23
AVERAGE SOLD PRICE $1,213,031 $676,793 $1,518,166 $4,251,070
AVERAGE SOLD PRICE PER SQUARE FOOT $929.76 $702.07 $988.07 $1,700.20
TOTAL CONDOS SOLD 111 50 58 3
TOTAL CONDOS FOR SALE AT END OF PERIOD 164 62 94 8
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.4 3.7 4.9 8.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 102% 99% 97%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $905,844 $655,513 $1,317,615 $3,261,667
AVERAGE LIST PRICE PER SQUARE FOOT $692.98 $594.67 $746.42 $1,498.70
AVERAGE SOLD PRICE $906,066 $662,606 $1,316,214 $3,113,333
AVERAGE SOLD PRICE PER SQUARE FOOT $692.86 $601.10 $744.90 $1,430.54
TOTAL CONDOS SOLD 100 71 26 3
TOTAL CONDOS FOR SALE AT END OF PERIOD 113 48 55 10
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.4 2.0 6.3 10.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 101% 100% 95%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 34% 2% 16% 34%
AVERAGE LIST PRICE PER SQUARE FOOT 35% 16% 33% 17%
AVERAGE SOLD PRICE 34% 2% 15% 37%
AVERAGE SOLD PRICE PER SQUARE FOOT 34% 17% 33% 19%
TOTAL CONDOS SOLD 11% -30% 123% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 45% 29% 71% -20%
AVERAGE MONTHLY SUPPLY OF INVENTORY 31% 83% -23% -20%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 1% 0% 2%
(Source: MLS/CLAW)
54
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $864,963 $670,437 $1,259,078 $4,250,000
AVERAGE LIST PRICE PER SQUARE FOOT $578.97 $546.88 $634.01 $585.72
AVERAGE SOLD PRICE $887,719 $678,378 $1,315,793 $4,439,776
AVERAGE SOLD PRICE PER SQUARE FOOT $594.18 $553.07 $663.21 $611.88
TOTAL SFH SOLD 88 64 23 1
TOTAL SFH FOR SALE AT END OF PERIOD 54 44 10 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 2.1 1.3 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 101% 105% 104%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $788,341 $663,390 $1,321,467 $-
AVERAGE LIST PRICE PER SQUARE FOOT $477.19 $464.45 $509.20 $-
AVERAGE SOLD PRICE $804,229 $673,306 $1,362,833 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $487.98 $471.39 $529.66 $-
TOTAL SFH SOLD 79 64 15 -
TOTAL SFH FOR SALE AT END OF PERIOD 62 45 17 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 2.1 3.4 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 101% 103% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 10% 1% -5% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 21% 18% 25% 0%
AVERAGE SOLD PRICE 10% 1% -3% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 22% 17% 25% 0%
TOTAL SFH SOLD 11% 0% 53% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -13% -2% -41% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -22% -2% -62% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 0% 1% 0%
(Source: MLS/CLAW)
55
CONDOMINIUM SALES SILVERLAKE - ECHO PARK
APRIL MARKET OVERVIEWIn Silver Lake - Echo Park there were 36 single family home sales in April 2015, up from 30 in April 2014 and a 16%
increase from the 31 sales closed last month. The average list price for single family home sales in April 2015 was
$906,217 compared to $818,097 for April 2014, representing an 11% increase. For the three-month period from February
to April 2015, the average list price was 10% higher than the same period of the prior year. Average sales price for April
2015 was $934,022, compared to that of February through April 2015, which was $887,719. These results indicate that the
sale price is trending up. Comparing April 2015 to March 2015, Silver Lake - Echo Park saw a 4% increase in average sale
price, and a 11% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $619,339 $619,339 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $459.49 $459.49 $- $-
AVERAGE SOLD PRICE $621,989 $621,989 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $461.45 $461.45 $- $-
TOTAL CONDOS SOLD 9 9 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 16 14 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.3 4.7 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $467,062 $467,062 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $359.51 $359.51 $- $-
AVERAGE SOLD PRICE $473,808 $473,808 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $364.70 $364.70 $- $-
TOTAL CONDOS SOLD 13 13 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 2 2 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 0.5 0.5 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 33% 33% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 28% 28% 0% 0%
AVERAGE SOLD PRICE 31% 31% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 27% 27% 0% 0%
TOTAL CONDOS SOLD -31% -31% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 700% 600% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 1056% 911% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -1% 0% 0%
(Source: MLS/CLAW)
56
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,057,931 $778,692 $1,678,200 $4,799,875
AVERAGE LIST PRICE PER SQUARE FOOT $830.78 $650.95 $716.53 $1,158.05
AVERAGE SOLD PRICE $2,011,584 $784,515 $1,665,683 $4,567,188
AVERAGE SOLD PRICE PER SQUARE FOOT $815.71 $660.55 $712.39 $1,109.77
TOTAL SFH SOLD 96 15 65 16
TOTAL SFH FOR SALE AT END OF PERIOD 200 16 93 91
AVERAGE MONTHLY SUPPLY OF INVENTORY 6.3 3.2 4.3 17.1
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 101% 99% 95%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,296,240 $790,427 $1,704,454 $5,496,850
AVERAGE LIST PRICE PER SQUARE FOOT $795.92 $524.69 $663.99 $1,123.76
AVERAGE SOLD PRICE $2,268,986 $780,633 $1,665,206 $5,498,481
AVERAGE SOLD PRICE PER SQUARE FOOT $788.23 $518.19 $648.79 $1,130.51
TOTAL SFH SOLD 105 15 70 20
TOTAL SFH FOR SALE AT END OF PERIOD 178 18 98 62
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.1 3.6 4.2 9.3
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 98% 100%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -10% -1% -2% -13%
AVERAGE LIST PRICE PER SQUARE FOOT 4% 24% 8% 3%
AVERAGE SOLD PRICE -11% 0% 0% -17%
AVERAGE SOLD PRICE PER SQUARE FOOT 3% 27% 10% -2%
TOTAL SFH SOLD -9% 0% -7% -20%
TOTAL SFH FOR SALE AT END OF PERIOD 12% -11% -5% 47%
AVERAGE MONTHLY SUPPLY OF INVENTORY 23% -11% 2% 83%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% 2% 2% -5%
(Source: MLS/CLAW)
57
CONDOMINIUM SALES SUNSET STRIP - HOLLYWOOD HILLS
APRIL MARKET OVERVIEWIn Sunset Strip - Hollywood Hills West there were 38 single family home sales in April 2015, up from 35 in April 2014 and
a 41% increase from the 27 sales closed last month. The average list price for single family home sales in April 2015 was
$2,009,053 compared to $2,241,054 for April 2014, representing a 10% decrease. For the three-month period from
February to April 2015, the average list price was 10% lower than the same period of the prior year. Average sales price for
April 2015 was $1,932,631, compared to that of February through April 2015, which was $2,011,584. These results indicate
that the sale price is trending down. Comparing April 2015 to March 2015, Sunset Strip - Hollywood Hills West saw a 15%
decrease in average sale price, and a 11% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $790,200 $526,762 $1,074,500 $3,272,000
AVERAGE LIST PRICE PER SQUARE FOOT $641.46 $464.11 $602.81 $1,926.41
AVERAGE SOLD PRICE $781,804 $518,815 $1,050,000 $3,275,000
AVERAGE SOLD PRICE PER SQUARE FOOT $634.64 $457.11 $589.06 $1,928.17
TOTAL CONDOS SOLD 25 21 2 2
TOTAL CONDOS FOR SALE AT END OF PERIOD 27 22 5 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.2 3.1 7.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 98% 98% 100%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $619,084 $477,374 $- $3,595,000
AVERAGE LIST PRICE PER SQUARE FOOT $547.22 $431.79 $- $2,150.12
AVERAGE SOLD PRICE $616,786 $477,110 $- $3,550,000
AVERAGE SOLD PRICE PER SQUARE FOOT $545.19 $431.55 $- $2,123.21
TOTAL CONDOS SOLD 22 21 - 1
TOTAL CONDOS FOR SALE AT END OF PERIOD 25 23 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.4 3.3 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 99%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 28% 10% 0% -9%
AVERAGE LIST PRICE PER SQUARE FOOT 17% 7% 0% -10%
AVERAGE SOLD PRICE 27% 9% 0% -8%
AVERAGE SOLD PRICE PER SQUARE FOOT 16% 6% 0% -9%
TOTAL CONDOS SOLD 14% 0% 0% 100%
TOTAL CONDOS FOR SALE AT END OF PERIOD 8% -4% 150% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -5% -4% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -1% 0% 1%
(Source: MLS/CLAW)
58
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA sothebyshomes.com/losangeles
Located in the Santa Monica Mountains, Topanga is bound on three sides by
state park or conservancy lands and on the south by a strip of Malibu and
the Pacific Ocean. Located to the east is Pacific Palisades. In Topanga, the
area is primarily zoned for commercial usage and home to many established
businesses. There is one small street off the Pacific Coast Highway that is
lined with single family homes.CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
TOPANGA
SINGLE FAMILY HOMES (SFH)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,099,430 $767,714 $1,367,988 $3,595,000
AVERAGE LIST PRICE PER SQUARE FOOT $484.82 $502.73 $461.73 $511.74
AVERAGE SOLD PRICE $1,092,062 $751,958 $1,394,625 $3,433,000
AVERAGE SOLD PRICE PER SQUARE FOOT $481.47 $491.69 $470.72 $488.68
TOTAL SFH SOLD 23 14 8 1
TOTAL SFH FOR SALE AT END OF PERIOD 47 14 29 4
AVERAGE MONTHLY SUPPLY OF INVENTORY 6.1 3.0 10.9 12.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 98% 102% 95%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,036,519 $752,853 $1,572,333 $-
AVERAGE LIST PRICE PER SQUARE FOOT $610.55 $643.63 $586.42 $-
AVERAGE SOLD PRICE $1,018,558 $739,794 $1,545,111 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $599.22 $630.68 $576.27 $-
TOTAL SFH SOLD 26 17 9 -
TOTAL SFH FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 98% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 6% 2% -13% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -21% -22% -21% 0%
AVERAGE SOLD PRICE 7% 2% -10% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -20% -22% -18% 0%
TOTAL SFH SOLD -12% -18% -11% 0%
TOTAL SFH 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 1% 0% 4% 0%
(Source: MLS/CLAW)
59
CONDOMINIUM SALES TOPANGA
APRIL MARKET OVERVIEWIn Topanga there were 12 single family home sales in April 2015, which is the same as April 2014 and a 71% increase from
the 7 sales closed last month. The average list price for single family home sales in April 2015 was $985,908 compared
to $1,137,167 for April 2014, representing a 13% decrease. For the three-month period from February to April 2015, the
average list price was 6% higher than the same period of the prior year. Average sales price for April 2015 was $994,535,
compared to that of February through April 2015, which was $1,092,062. These results indicate that the sale price is
trending down. Comparing April 2015 to March 2015, Topanga saw a 24% decrease in average sale price, and a 11%
decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 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%
CONDOSFEB - APR 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%
CONDOSAPR/APR 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)
60
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,070,767 $- $1,841,519 $3,675,500
AVERAGE LIST PRICE PER SQUARE FOOT $1,053.32 $- $1,042.31 $1,091.03
AVERAGE SOLD PRICE $2,050,542 $- $1,840,143 $3,523,333
AVERAGE SOLD PRICE PER SQUARE FOOT $1,042.69 $- $1,041.77 $1,045.86
TOTAL SFH SOLD 48 - 42 6
TOTAL SFH FOR SALE AT END OF PERIOD 38 1 31 6
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 - 2.2 3.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 0% 100% 96%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,986,632 $843,500 $1,665,258 $6,831,667
AVERAGE LIST PRICE PER SQUARE FOOT $889.76 $834.53 $861.24 $982.41
AVERAGE SOLD PRICE $1,938,501 $876,500 $1,632,324 $6,518,333
AVERAGE SOLD PRICE PER SQUARE FOOT $868.21 $867.18 $844.21 $937.35
TOTAL SFH SOLD 38 4 31 3
TOTAL SFH FOR SALE AT END OF PERIOD 36 3 28 5
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 2.3 2.7 5.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 104% 98% 95%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 4% -100% 11% -46%
AVERAGE LIST PRICE PER SQUARE FOOT 18% -100% 21% 11%
AVERAGE SOLD PRICE 6% -100% 13% -46%
AVERAGE SOLD PRICE PER SQUARE FOOT 20% -100% 23% 12%
TOTAL SFH SOLD 26% -100% 35% 100%
TOTAL SFH FOR SALE AT END OF PERIOD 6% -67% 11% 20%
AVERAGE MONTHLY SUPPLY OF INVENTORY -16% -100% -18% -40%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% -100% 2% 0%
(Source: MLS/CLAW)
61
CONDOMINIUM SALES VENICE
APRIL MARKET OVERVIEWIn Venice there were 21 single family home sales in April 2015, up from 9 in April 2014 and a 11% increase from the 19
sales closed last month. The average list price for single family home sales in April 2015 was $2,231,138 compared to
$2,718,000 for April 2014, representing an 18% decrease. For the three-month period from February to April 2015, the
average list price was 4% higher than the same period of the prior year. Average sales price for April 2015 was $2,199,048,
compared to that of February through April 2015, which was $2,050,542. These results indicate that the sale price is
trending up. Comparing April 2015 to March 2015, Venice saw a 12% increase in average sale price, but a 16% decrease
compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,111,300 $726,750 $1,367,667 $-
AVERAGE LIST PRICE PER SQUARE FOOT $770.13 $710.76 $793.62 $-
AVERAGE SOLD PRICE $1,138,800 $802,250 $1,363,167 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $789.19 $784.60 $791.01 $-
TOTAL CONDOS SOLD 10 4 6 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 26 4 22 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 7.8 3.0 11.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 110% 100% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,164,231 $700,167 $1,562,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $749.52 $595.38 $832.31 $-
AVERAGE SOLD PRICE $1,157,254 $706,500 $1,543,614 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $745.03 $600.77 $822.51 $-
TOTAL CONDOS SOLD 13 6 7 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 22 7 15 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.1 3.5 6.4 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 101% 99% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -5% 4% -12% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 3% 19% -5% 0%
AVERAGE SOLD PRICE -2% 14% -12% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 6% 31% -4% 0%
TOTAL CONDOS SOLD -23% -33% -14% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 18% -43% 47% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 54% -14% 71% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 3% 9% 1% 0%
(Source: MLS/CLAW)
62
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA sothebyshomes.com/losangeles
Westchester is a neighborhood in the city of Los Angeles known for its
secluded character and recent real estate growth. The main part of
Westchester is flanked by Playa Vista and Culver City on the north, Inglewood
and Lennox on the east, Del Aire and El Segundo on the south and Playa del
Rey on the west. It includes all of the Los Angeles International Airport and is
the home of Loyola Marymount University, the Otis College of Art and Design,
and Westchester Enriched Sciences Magnet Schools.CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
WESTCHESTER
SINGLE FAMILY HOMES (SFH)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $973,878 $814,237 $1,253,250 $-
AVERAGE LIST PRICE PER SQUARE FOOT $529.37 $540.20 $517.85 $-
AVERAGE SOLD PRICE $986,963 $828,454 $1,264,354 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $536.57 $549.87 $522.44 $-
TOTAL SFH SOLD 66 42 24 -
TOTAL SFH FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 102% 101% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $856,544 $763,189 $1,258,692 $-
AVERAGE LIST PRICE PER SQUARE FOOT $482.30 $505.05 $431.55 $-
AVERAGE SOLD PRICE $863,093 $773,132 $1,250,615 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $485.99 $511.63 $428.78 $-
TOTAL SFH SOLD 69 56 13 -
TOTAL SFH FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 99% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 14% 7% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 10% 7% 20% 0%
AVERAGE SOLD PRICE 14% 7% 1% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 10% 7% 22% 0%
TOTAL SFH SOLD -4% -25% 85% 0%
TOTAL SFH 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 1% 0% 2% 0%
(Source: MLS/CLAW)
63
CONDOMINIUM SALES WESTCHESTER
APRIL MARKET OVERVIEWIn Westchester there were 29 single family home sales in April 2015, up from 24 in April 2014 and a 26% increase
from the 23 sales closed last month. The average list price for single family home sales in April 2015 was $1,011,000
compared to $882,107 for April 2014, representing a 15% increase. For the three-month period from February to April
2015, the average list price was 14% higher than the same period of the prior year. Average sales price for April 2015 was
$1,034,500, compared to that of February through April 2015, which was $986,963. These results indicate that the sale
price is trending up. Comparing April 2015 to March 2015, Westchester saw a 7% increase in average sale price, and a
16% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $449,100 $449,100 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $375.12 $375.12 $- $-
AVERAGE SOLD PRICE $450,878 $450,878 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $376.60 $376.60 $- $-
TOTAL CONDOS SOLD 9 9 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $427,889 $427,889 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $377.39 $377.39 $- $-
AVERAGE SOLD PRICE $425,818 $425,818 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $375.56 $375.56 $- $-
TOTAL CONDOS SOLD 11 11 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD - - - -
AVERAGE MONTHLY SUPPLY OF INVENTORY - - - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 5% 5% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -1% -1% 0% 0%
AVERAGE SOLD PRICE 6% 6% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 0% 0% 0% 0%
TOTAL CONDOS SOLD -18% -18% 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 1% 1% 0% 0%
(Source: MLS/CLAW)
64
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,870,095 $914,500 $1,880,466 $3,670,667
AVERAGE LIST PRICE PER SQUARE FOOT $824.40 $731.99 $853.89 $718.08
AVERAGE SOLD PRICE $1,840,521 $892,333 $1,852,793 $3,606,000
AVERAGE SOLD PRICE PER SQUARE FOOT $810.75 $714.25 $841.00 $703.02
TOTAL SFH SOLD 41 6 32 3
TOTAL SFH FOR SALE AT END OF PERIOD 25 3 20 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 1.5 1.9 2.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 99% 98%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,326,996 $834,750 $1,430,626 $-
AVERAGE LIST PRICE PER SQUARE FOOT $814.45 $647.47 $844.51 $-
AVERAGE SOLD PRICE $1,302,233 $838,379 $1,399,886 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $798.48 $650.28 $825.17 $-
TOTAL SFH SOLD 23 4 19 -
TOTAL SFH FOR SALE AT END OF PERIOD 28 4 19 5
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.7 3.0 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 100% 98% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 41% 10% 31% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 1% 13% 1% 0%
AVERAGE SOLD PRICE 41% 6% 32% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 2% 10% 2% 0%
TOTAL SFH SOLD 78% 50% 68% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -11% -25% 5% -60%
AVERAGE MONTHLY SUPPLY OF INVENTORY -50% -50% -38% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% -3% 1% 0%
(Source: MLS/CLAW)
65
CONDOMINIUM SALES WEST HOLLYWOOD
APRIL MARKET OVERVIEWIn West Hollywood Vicinity there were 33 condominium sales in April 2015, down from 36 in April 2014 and a 23%
decrease from the 43 sales closed last month. The average list price for condo sales in April 2015 was $669,465 almost
matching $690,121 for April 2014. For the three-month period from February to April 2015, the average list price was
7% higher than the same period of the prior year. Average sales price for April 2015 was $662,509, compared to that of
February through April 2015, which was $690,915. These results indicate that the sale price is trending down. Comparing
April 2015 to March 2015, West Hollywood Vicinity saw a 5% decrease in average sale price, and a 2% decrease compared
to same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $698,911 $627,919 $1,245,002 $-
AVERAGE LIST PRICE PER SQUARE FOOT $596.16 $566.59 $742.94 $-
AVERAGE SOLD PRICE $690,915 $620,928 $1,229,269 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $589.43 $560.39 $733.56 $-
TOTAL CONDOS SOLD 113 100 13 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 82 57 25 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.2 1.7 5.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 99% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $652,023 $598,621 $1,209,778 $-
AVERAGE LIST PRICE PER SQUARE FOOT $556.62 $532.37 $718.25 $-
AVERAGE SOLD PRICE $643,824 $591,874 $1,186,417 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $549.98 $526.81 $704.38 $-
TOTAL CONDOS SOLD 103 94 9 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 84 70 14 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 2.2 4.7 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 98% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 7% 5% 3% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 7% 6% 3% 0%
AVERAGE SOLD PRICE 7% 5% 4% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 7% 6% 4% 0%
TOTAL CONDOS SOLD 10% 6% 44% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -2% -19% 79% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -11% -23% 24% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 0% 1% 0%
(Source: MLS/CLAW)
66
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $933,593 $789,211 $1,150,167 $-
AVERAGE LIST PRICE PER SQUARE FOOT $616.86 $753.54 $519.81 $-
AVERAGE SOLD PRICE $972,823 $838,278 $1,174,640 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $642.78 $800.39 $530.87 $-
TOTAL SFH SOLD 15 9 6 -
TOTAL SFH FOR SALE AT END OF PERIOD 16 10 6 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.2 3.3 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 104% 106% 102% 0%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $882,309 $768,694 $1,268,600 $-
AVERAGE LIST PRICE PER SQUARE FOOT $609.62 $647.79 $543.62 $-
AVERAGE SOLD PRICE $891,032 $776,000 $1,282,139 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $615.64 $653.94 $549.43 $-
TOTAL SFH SOLD 22 17 5 -
TOTAL SFH FOR SALE AT END OF PERIOD 17 8 9 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.3 1.4 5.4 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 101% 0%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 6% 3% -9% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 1% 16% -4% 0%
AVERAGE SOLD PRICE 9% 8% -8% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 4% 22% -3% 0%
TOTAL SFH SOLD -32% -47% 20% 0%
TOTAL SFH FOR SALE AT END OF PERIOD -6% 25% -33% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 38% 136% -44% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 3% 5% 1% 0%
(Source: MLS/CLAW)
67
CONDOMINIUM SALES WEST LOS ANGELES
APRIL MARKET OVERVIEWIn West Los Angeles there were 22 condominium sales in April 2015, up from 21 in April 2014 and a 38% increase from the
16 sales closed last month. The average list price for condo sales in April 2015 was $688,127 compared to $621,786 for
April 2014, representing an 11% increase. For the three-month period from February to April 2015, the average list price
was 10% higher than the same period of the prior year. Average sales price for April 2015 was $699,237, compared to that
of February through April 2015, which was $677,556. These results indicate that the sale price is trending up. Comparing
April 2015 to March 2015, West Los Angeles saw a 5% increase in average sale price, and a 12% increase compared to
same month of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $670,736 $670,736 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $487.45 $487.45 $- $-
AVERAGE SOLD PRICE $677,556 $677,556 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $492.40 $492.40 $- $-
TOTAL CONDOS SOLD 58 58 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 22 20 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.1 1.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 0% 0%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $611,321 $611,321 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $470.32 $470.32 $- $-
AVERAGE SOLD PRICE $610,019 $610,019 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $469.43 $469.43 $- $-
TOTAL CONDOS SOLD 52 52 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 37 36 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 2.1 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 10% 10% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 4% 4% 0% 0%
AVERAGE SOLD PRICE 11% 11% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 5% 5% 0% 0%
TOTAL CONDOS SOLD 12% 12% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -41% -44% 100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -47% -50% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 1% 0% 0%
(Source: MLS/CLAW)
68
SINGLE FAMILY HOME SALES
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | TOPANGA 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)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,047,157 $900,000 $1,785,350 $4,297,500
AVERAGE LIST PRICE PER SQUARE FOOT $765.18 $623.27 $753.27 $813.84
AVERAGE SOLD PRICE $2,045,525 $900,000 $1,783,575 $4,296,531
AVERAGE SOLD PRICE PER SQUARE FOOT $765.53 $623.27 $753.79 $813.66
TOTAL SFH SOLD 35 1 30 4
TOTAL SFH FOR SALE AT END OF PERIOD 21 - 17 4
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 - 1.7 3.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 100% 100%
SFHFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,819,000 $- $1,716,862 $3,300,000
AVERAGE LIST PRICE PER SQUARE FOOT $706.18 $- $693.09 $819.16
AVERAGE SOLD PRICE $1,860,348 $- $1,770,545 $3,162,500
AVERAGE SOLD PRICE PER SQUARE FOOT $722.82 $- $715.61 $785.03
TOTAL SFH SOLD 31 - 29 2
TOTAL SFH FOR SALE AT END OF PERIOD 22 - 15 7
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 - 1.6 10.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 0% 103% 96%
SFHAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 13% 0% 4% 30%
AVERAGE LIST PRICE PER SQUARE FOOT 8% 0% 9% -1%
AVERAGE SOLD PRICE 10% 0% 1% 36%
AVERAGE SOLD PRICE PER SQUARE FOOT 6% 0% 5% 4%
TOTAL SFH SOLD 13% 0% 3% 100%
TOTAL SFH FOR SALE AT END OF PERIOD -5% 0% 13% -43%
AVERAGE MONTHLY SUPPLY OF INVENTORY -15% 0% 10% -71%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -2% 0% -3% 4%
(Source: MLS/CLAW)
69
CONDOMINIUM SALES WESTWOOD - CENTURY CITY
APRIL MARKET OVERVIEWIn Westwood - Century City there were 57 condominium sales in April 2015, up from 49 in April 2014 and a 24% increase
from the 46 sales closed last month. The average list price for condo sales in April 2015 was $1,211,751 almost matching
$1,204,053 for April 2014. For the three-month period from February to April 2015, the average list price was 6% lower
than the same period of the prior year. Average sales price for April 2015 was $1,156,006, compared to that of February
through April 2015, which was $1,064,211. These results indicate that the sale price is trending up. Comparing April 2015
to March 2015, Westwood - Century City saw a 15% increase in average sale price, but was flat compared to same month
of the prior year.
CONDOMINIUMS (CONDOS)FEB - APR 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,110,340 $683,468 $1,635,261 $4,179,889
AVERAGE LIST PRICE PER SQUARE FOOT $641.51 $497.05 $645.33 $1,231.35
AVERAGE SOLD PRICE $1,064,211 $678,810 $1,545,304 $3,817,222
AVERAGE SOLD PRICE PER SQUARE FOOT $615.10 $494.30 $609.83 $1,124.51
TOTAL CONDOS SOLD 125 93 23 9
TOTAL CONDOS FOR SALE AT END OF PERIOD 184 87 74 23
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.4 2.8 9.7 7.7
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 99% 94% 91%
CONDOSFEB - APR 2014 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,183,291 $673,059 $1,747,929 $4,477,273
AVERAGE LIST PRICE PER SQUARE FOOT $675.87 $475.42 $726.56 $1,388.89
AVERAGE SOLD PRICE $1,139,423 $656,994 $1,648,938 $4,315,909
AVERAGE SOLD PRICE PER SQUARE FOOT $650.82 $464.15 $685.42 $1,338.83
TOTAL CONDOS SOLD 141 102 28 11
TOTAL CONDOS FOR SALE AT END OF PERIOD 195 110 61 24
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.1 3.2 6.5 6.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 98% 94% 96%
CONDOSAPR/APR COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -6% 2% -6% -7%
AVERAGE LIST PRICE PER SQUARE FOOT -5% 5% -11% -11%
AVERAGE SOLD PRICE -7% 3% -6% -12%
AVERAGE SOLD PRICE PER SQUARE FOOT -5% 6% -11% -16%
TOTAL CONDOS SOLD -11% -9% -18% -18%
TOTAL CONDOS FOR SALE AT END OF PERIOD -6% -21% 21% -4%
AVERAGE MONTHLY SUPPLY OF INVENTORY 6% -13% 48% 17%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 2% 0% -5%
(Source: MLS/CLAW)