greater los angeles market update | 3-month ending january 2016
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Greater Los Angeles Market Update3-Month Ending January 2016
Beverly Hills | Brentwood | Los Feliz | Malibu Pacific Palisades | Santa Monica | Sunset Strip | Topanga sothebyshomes.com/losangeles
Hollywood Hills, CA | web: 0027284
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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
Sothebys International Realty and the Sothebys International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sothebys 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 Sothebys International Realty, Inc. are independent contractor sales associates and are not employees of Sothebys International Realty, Inc.
TABLE OF CONTENTS
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FEATURED LISTINGS IN LOS ANGELES
BEVERLY HILLS, CAweb: 0308551 | $6,500,000
Villa-style 5-bedroom, 7.5-bath home with
approx. 8,300 sq.ft. and wonderful curb appeal.
Sunset Strip Brokerage
Tracey D. Clarke | 310.888.3828
John Giddins | 310.666.6365
MALIBU, CAweb: 1300149 | $5,750,000
Spectacular 5-bedroom, 5-bath Contemporary
with views of Santa Monica Bay on over 2 acres.
Malibu - Point Dume Brokerage
Michael Gardner | 310.699.8428
LOS FELIZ, CAweb: 0286488 | $3,250,000
First time on the market in 50 years, Royal
Spanish Hacienda with 4 bedrooms and 5 baths.
Los Feliz Brokerage
Rosemary Low | 310.363.0381
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4SINGLE 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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $6,184,713 $778,750 $2,021,040 $13,213,667
AVERAGE LIST PRICE PER SQUARE FOOT $1,510.71 $712.00 $671.73 $1,992.08
AVERAGE SOLD PRICE $5,346,605 $763,500 $1,896,891 $11,216,556
AVERAGE SOLD PRICE PER SQUARE FOOT $1,305.99 $698.06 $630.47 $1,690.99
TOTAL SFH SOLD 23 4 10 9
TOTAL SFH FOR SALE AT END OF PERIOD 69 2 23 44
AVERAGE MONTHLY SUPPLY OF INVENTORY 9.0 1.5 6.9 14.7
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 86% 98% 94% 85%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $4,307,651 $711,750 $1,767,615 $10,494,154
AVERAGE LIST PRICE PER SQUARE FOOT $1,233.36 $588.71 $674.57 $1,744.91
AVERAGE SOLD PRICE $4,006,470 $692,500 $1,705,412 $9,628,269
AVERAGE SOLD PRICE PER SQUARE FOOT $1,146.74 $572.79 $650.73 $1,600.93
TOTAL SFH SOLD 43 4 26 13
TOTAL SFH FOR SALE AT END OF PERIOD 64 7 14 43
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.5 5.3 1.6 9.9
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 93% 97% 96% 92%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 44% 9% 14% 26%
AVERAGE LIST PRICE PER SQUARE FOOT 22% 21% 0% 14%
AVERAGE SOLD PRICE 33% 10% 11% 16%
AVERAGE SOLD PRICE PER SQUARE FOOT 14% 22% -3% 6%
TOTAL SFH SOLD -47% 0% -62% -31%
TOTAL SFH FOR SALE AT END OF PERIOD 8% -71% 64% 2%
AVERAGE MONTHLY SUPPLY OF INVENTORY 102% -71% 327% 48%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -7% 1% -3% -7%
(Source: MLS/CLAW)
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5CONDOMINIUM SALES BEL AIR - HOLMBY HILLS
In Bel Air - Holmby Hills there were 9 single family home sales in January 2016, down from 15 in January 2015 and a 29%
increase from the 7 sales closed last month. The average list price for single family home sales in January 2016 was
$5,078,667 compared to $4,742,600 for January 2015, representing a 7% increase. For the three-month period from
November to January 2016, the average list price was 44% higher than the same period of the prior year. Average sales
price for January 2016 was $4,308,323, compared to that of November through January 2016, which was $5,346,605.
These results indicate that the sale price is trending down. Comparing January 2016 to December 2015, Bel Air - Holmby
Hills saw a 40% decrease in average sale price, and a 1% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $624,900 $624,900 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $416.60 $416.60 $- $-
AVERAGE SOLD PRICE $600,000 $600,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $400.00 $400.00 $- $-
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%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $923,000 $635,000 $1,211,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $519.49 $837.73 $433.20 $-
AVERAGE SOLD PRICE $921,750 $621,000 $1,222,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $518.78 $819.26 $437.31 $-
TOTAL CONDOS SOLD 4 2 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 2 2 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.5 3.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 98% 101% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -32% -2% -100% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -20% -50% -100% 0%
AVERAGE SOLD PRICE -35% -3% -100% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -23% -51% -100% 0%
TOTAL CONDOS SOLD -75% -50% -100% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 0% 0% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 300% 100% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -4% -2% -100% 0%
(Source: MLS/CLAW)
JANUARY MARKET OVERVIEW
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6SINGLE 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 citys 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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,620,707 $963,494 $1,702,996 $3,097,500
AVERAGE LIST PRICE PER SQUARE FOOT $766.21 $605.97 $788.92 $858.39
AVERAGE SOLD PRICE $1,601,770 $948,189 $1,681,491 $3,100,000
AVERAGE SOLD PRICE PER SQUARE FOOT $757.25 $596.35 $778.96 $859.08
TOTAL SFH SOLD 38 8 28 2
TOTAL SFH FOR SALE AT END OF PERIOD 34 4 23 7
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.7 1.5 2.5 10.5
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 98% 99% 100%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,593,628 $889,667 $1,607,162 $3,299,500
AVERAGE LIST PRICE PER SQUARE FOOT $659.62 $681.91 $646.46 $846.68
AVERAGE SOLD PRICE $1,580,321 $888,333 $1,596,110 $3,182,625
AVERAGE SOLD PRICE PER SQUARE FOOT $654.87 $680.89 $643.05 $816.69
TOTAL SFH SOLD 34 3 30 1
TOTAL SFH FOR SALE AT END OF PERIOD 38 5 30 3
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.4 5.0 3.0 9.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 100% 99% 96%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 2% 8% 6% -6%
AVERAGE LIST PRICE PER SQUARE FOOT 16% -11% 22% 1%
AVERAGE SOLD PRICE 1% 7% 5% -3%
AVERAGE SOLD PRICE PER SQUARE FOOT 16% -12% 21% 5%
TOTAL SFH SOLD 12% 167% -7% 100%
TOTAL SFH FOR SALE AT END OF PERIOD -11% -20% -23% 133%
AVERAGE MONTHLY SUPPLY OF INVENTORY -20% -70% -18% 17%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% -1% -1% 4%
(Source: MLS/CLAW)
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7CONDOMINIUM SALES
JANUARY MARKET OVERVIEW
BEVERLY CENTER - MIRACLE MILE
In Beverly Center - Miracle Mile there were 11 single family home sales in January 2016, up from 8 in January 2015 and a
8% decrease from the 12 sales closed last month. The average list price for single family home sales in January 2016 was
$1,803,723 compared to $1,396,125 for January 2015, representing a 29% increase. For the three-month period from
November to January 2016, the average list price was 2% higher than the same period of the prior year. Average sales
price for January 2016 was $1,760,545, compared to that of November through January 2016, which was $1,601,770.
These results indicate that the sale price is trending up. Comparing January 2016 to December 2015, Beverly Center -
Miracle Mile saw a 38% increase in average sale price, and a 28% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $737,043 $702,837 $1,062,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $542.44 $518.74 $711.56 $-
AVERAGE SOLD PRICE $734,351 $698,757 $1,072,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $539.99 $514.95 $718.59 $-
TOTAL CONDOS SOLD 21 19 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 18 16 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.6 2.5 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 99% 101% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $704,900 $670,195 $1,399,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $504.86 $509.82 $466.33 $-
AVERAGE SOLD PRICE $682,262 $650,375 $1,320,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $489.60 $495.99 $440.00 $-
TOTAL CONDOS SOLD 21 20 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 18 16 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.6 2.4 6.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 97% 94% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 5% 5% -24% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 7% 2% 53% 0%
AVERAGE SOLD PRICE 8% 7% -19% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 10% 4% 63% 0%
TOTAL CONDOS SOLD 0% -5% 100% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 0% 0% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 0% 5% -50% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 3% 2% 7% 0%
(Source: MLS/CLAW)
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8SINGLE 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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $7,116,143 $- $2,384,778 $8,753,923
AVERAGE LIST PRICE PER SQUARE FOOT $1,457.06 $- $837.88 $1,565.38
AVERAGE SOLD PRICE $6,671,147 $- $2,209,561 $8,215,542
AVERAGE SOLD PRICE PER SQUARE FOOT $1,360.92 $- $780.97 $1,462.37
TOTAL SFH SOLD 35 - 9 26
TOTAL SFH FOR SALE AT END OF PERIOD 61 - 9 52
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.2 - 3.0 6.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 94% 0% 93% 94%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $8,556,188 $- $1,920,900 $11,572,227
AVERAGE LIST PRICE PER SQUARE FOOT $1,816.64 $- $823.88 $1,980.84
AVERAGE SOLD PRICE $7,730,251 $- $1,897,753 $10,381,386
AVERAGE SOLD PRICE PER SQUARE FOOT $1,640.43 $- $814.73 $1,777.00
TOTAL SFH SOLD 32 - 10 22
TOTAL SFH FOR SALE AT END OF PERIOD 53 - 11 42
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.0 - 3.3 5.7
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 90% 0% 99% 90%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -17% 0% 24% -24%
AVERAGE LIST PRICE PER SQUARE FOOT -20% 0% 2% -21%
AVERAGE SOLD PRICE -14% 0% 16% -21%
AVERAGE SOLD PRICE PER SQUARE FOOT -17% 0% -4% -18%
TOTAL SFH SOLD 9% 0% -10% 18%
TOTAL SFH FOR SALE AT END OF PERIOD 15% 0% -18% 24%
AVERAGE MONTHLY SUPPLY OF INVENTORY 5% 0% -9% 5%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 4% 0% -6% 5%
(Source: MLS/CLAW)
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9CONDOMINIUM SALES
JANUARY MARKET OVERVIEW
BEVERLY HILLS
In Beverly Hills there were 13 single family home sales in January 2016, up from 11 in January 2015 and a 13% decrease
from the 15 sales closed last month. The average list price for single family home sales in January 2016 was $5,618,769
compared to $6,623,818 for January 2015, representing a 15% decrease. For the three-month period from November to
January 2016, the average list price was 17% lower than the same period of the prior year. Average sales price for January
2016 was $5,483,385, compared to that of November through January 2016, which was $6,671,147. These results indicate
that the sale price is trending down. Comparing January 2016 to December 2015, Beverly Hills saw a 36% decrease in
average sale price, and a 13% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,273,746 $889,200 $1,548,421 $-
AVERAGE LIST PRICE PER SQUARE FOOT $643.30 $571.16 $675.26 $-
AVERAGE SOLD PRICE $1,219,165 $877,785 $1,463,007 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $615.33 $564.12 $638.01 $-
TOTAL CONDOS SOLD 24 10 14 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 31 7 20 4
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.9 2.1 4.3 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 99% 94% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,137,989 $744,289 $1,346,333 $3,199,900
AVERAGE LIST PRICE PER SQUARE FOOT $627.41 $544.15 $615.64 $1,097.36
AVERAGE SOLD PRICE $1,119,358 $726,815 $1,341,000 $3,050,000
AVERAGE SOLD PRICE PER SQUARE FOOT $617.13 $531.38 $613.20 $1,045.95
TOTAL CONDOS SOLD 20 10 9 1
TOTAL CONDOS FOR SALE AT END OF PERIOD 46 16 28 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 6.9 4.8 9.3 6.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 100% 95%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 12% 19% 15% -100%
AVERAGE LIST PRICE PER SQUARE FOOT 3% 5% 10% -100%
AVERAGE SOLD PRICE 9% 21% 9% -100%
AVERAGE SOLD PRICE PER SQUARE FOOT 0% 6% 4% -100%
TOTAL CONDOS SOLD 20% 0% 56% -100%
TOTAL CONDOS FOR SALE AT END OF PERIOD -33% -56% -29% 100%
AVERAGE MONTHLY SUPPLY OF INVENTORY -44% -56% -54% -100%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -3% 1% -5% -100%
(Source: MLS/CLAW)
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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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,661,292 $- $1,912,829 $5,628,313
AVERAGE LIST PRICE PER SQUARE FOOT $998.42 $- $755.28 $1,148.64
AVERAGE SOLD PRICE $3,574,295 $- $1,866,890 $5,495,125
AVERAGE SOLD PRICE PER SQUARE FOOT $975.49 $- $737.14 $1,122.74
TOTAL SFH SOLD 34 - 18 16
TOTAL SFH FOR SALE AT END OF PERIOD 90 1 26 63
AVERAGE MONTHLY SUPPLY OF INVENTORY 7.9 - 4.3 11.8
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 0% 98% 98%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $5,088,034 $795,000 $2,247,643 $8,807,385
AVERAGE LIST PRICE PER SQUARE FOOT $1,304.46 $795.45 $717.31 $1,661.40
AVERAGE SOLD PRICE $4,698,434 $758,750 $2,115,114 $8,086,577
AVERAGE SOLD PRICE PER SQUARE FOOT $1,204.37 $721.86 $678.26 $1,524.57
TOTAL SFH SOLD 29 2 14 13
TOTAL SFH FOR SALE AT END OF PERIOD 81 2 32 47
AVERAGE MONTHLY SUPPLY OF INVENTORY 8.4 3.0 6.9 10.8
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 92% 95% 94% 92%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -28% -100% -15% -36%
AVERAGE LIST PRICE PER SQUARE FOOT -23% -100% 5% -31%
AVERAGE SOLD PRICE -24% -100% -12% -32%
AVERAGE SOLD PRICE PER SQUARE FOOT -19% -100% 9% -26%
TOTAL SFH SOLD 17% -100% 29% 23%
TOTAL SFH FOR SALE AT END OF PERIOD 11% -50% -19% 34%
AVERAGE MONTHLY SUPPLY OF INVENTORY -5% -100% -37% 9%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 6% -100% 4% 6%
(Source: MLS/CLAW)
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11
CONDOMINIUM SALES
JANUARY MARKET OVERVIEW
BEVERLY HILLS POST OFFICE
In Beverly Hills Post Office there were 9 single family home sales in January 2016, up from 5 in January 2015 and a 25%
decrease from the 12 sales closed last month. The average list price for single family home sales in January 2016 was
$5,484,225 compared to $2,905,000 for January 2015, representing an 89% increase. For the three-month period from
November to January 2016, the average list price was 28% lower than the same period of the prior year. Average sales
price for January 2016 was $5,383,558, compared to that of November through January 2016, which was $3,574,295.
These results indicate that the sale price is trending up. Comparing January 2016 to December 2015, Beverly Hills Post
Office saw a 94% increase in average sale price, and a 97% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 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%
CONDOSNOV - JAN 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%
CONDOSJAN/JAN 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)
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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 worlds 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 Beverlywoods 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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,086,674 $777,818 $1,511,350 $-
AVERAGE LIST PRICE PER SQUARE FOOT $680.79 $617.45 $734.09 $-
AVERAGE SOLD PRICE $1,081,994 $780,705 $1,496,267 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $677.86 $619.74 $726.76 $-
TOTAL SFH SOLD 38 22 16 -
TOTAL SFH FOR SALE AT END OF PERIOD 34 7 25 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.7 1.0 4.7 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 99% 0%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $901,245 $788,025 $1,354,125 $-
AVERAGE LIST PRICE PER SQUARE FOOT $585.05 $554.56 $670.94 $-
AVERAGE SOLD PRICE $908,016 $796,455 $1,354,263 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $589.45 $560.49 $671.01 $-
TOTAL SFH SOLD 40 32 8 -
TOTAL SFH FOR SALE AT END OF PERIOD 16 8 8 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.2 0.8 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 100% 0%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 21% -1% 12% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 16% 11% 9% 0%
AVERAGE SOLD PRICE 19% -2% 10% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 15% 11% 8% 0%
TOTAL SFH SOLD -5% -31% 100% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 113% -13% 213% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 124% 27% 56% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -1% -1% 0%
(Source: MLS/CLAW)
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13
CONDOMINIUM SALES BEVERLYWOOD
JANUARY MARKET OVERVIEWIn Beverlywood there were 14 single family home sales in January 2016, down from 15 in January 2015 and a 22%
decrease from the 18 sales closed last month. The average list price for single family home sales in January 2016 was
$1,231,000 compared to $988,733 for January 2015, representing a 25% increase. For the three-month period from
November to January 2016, the average list price was 21% higher than the same period of the prior year. Average sales
price for January 2016 was $1,220,835, compared to that of November through January 2016, which was $1,081,994.
These results indicate that the sale price is trending up. Comparing January 2016 to December 2015, Beverlywood saw a
18% increase in average sale price, and a 24% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $703,400 $703,400 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $481.74 $481.74 $- $-
AVERAGE SOLD PRICE $694,733 $694,733 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $475.80 $475.80 $- $-
TOTAL CONDOS SOLD 15 15 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 5 5 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.0 1.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $640,863 $640,863 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $453.13 $453.13 $- $-
AVERAGE SOLD PRICE $638,234 $638,234 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $451.27 $451.27 $- $-
TOTAL CONDOS SOLD 16 16 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 7 6 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.3 1.1 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 10% 10% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 6% 6% 0% 0%
AVERAGE SOLD PRICE 9% 9% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 5% 5% 0% 0%
TOTAL CONDOS SOLD -6% -6% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -29% -17% -100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -24% -11% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -1% 0% 0%
(Source: MLS/CLAW)
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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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $4,488,277 $- $2,204,857 $7,853,316
AVERAGE LIST PRICE PER SQUARE FOOT $1,137.24 $- $819.94 $1,370.79
AVERAGE SOLD PRICE $4,318,418 $- $2,190,104 $7,454,881
AVERAGE SOLD PRICE PER SQUARE FOOT $1,097.88 $- $814.46 $1,306.51
TOTAL SFH SOLD 47 - 28 19
TOTAL SFH FOR SALE AT END OF PERIOD 76 - 26 50
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.9 - 2.8 7.9
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 0% 99% 95%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,672,263 $- $1,914,128 $4,314,889
AVERAGE LIST PRICE PER SQUARE FOOT $930.34 $- $769.65 $1,156.93
AVERAGE SOLD PRICE $2,686,793 $- $1,949,127 $4,285,068
AVERAGE SOLD PRICE PER SQUARE FOOT $935.46 $- $784.07 $1,148.93
TOTAL SFH SOLD 57 - 39 18
TOTAL SFH FOR SALE AT END OF PERIOD 52 - 17 35
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.7 - 1.3 5.8
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 0% 102% 99%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 68% 0% 15% 82%
AVERAGE LIST PRICE PER SQUARE FOOT 22% 0% 7% 18%
AVERAGE SOLD PRICE 61% 0% 12% 74%
AVERAGE SOLD PRICE PER SQUARE FOOT 17% 0% 4% 14%
TOTAL SFH SOLD -18% 0% -28% 6%
TOTAL SFH FOR SALE AT END OF PERIOD 46% 0% 53% 43%
AVERAGE MONTHLY SUPPLY OF INVENTORY 77% 0% 113% 35%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -4% 0% -2% -4%
(Source: MLS/CLAW)
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15
CONDOMINIUM SALES BRENTWOOD
JANUARY MARKET OVERVIEWIn Brentwood there were 12 single family home sales in January 2016, up from 10 in January 2015 and a 14% decrease
from the 14 sales closed last month. The average list price for single family home sales in January 2016 was $2,879,000
almost matching $2,883,300 for January 2015. For the three-month period from November to January 2016, the average
list price was 68% higher than the same period of the prior year. Average sales price for January 2016 was $2,709,670,
compared to that of November through January 2016, which was $4,318,418. These results indicate that the sale price is
trending down. Comparing January 2016 to December 2015, Brentwood saw a 57% decrease in average sale price, and a
9% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $946,200 $652,333 $1,394,734 $-
AVERAGE LIST PRICE PER SQUARE FOOT $588.95 $566.24 $606.31 $-
AVERAGE SOLD PRICE $929,019 $648,276 $1,357,520 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $578.26 $562.72 $590.13 $-
TOTAL CONDOS SOLD 48 29 19 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 36 24 11 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.3 2.5 1.7 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 97% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $783,584 $665,019 $1,410,286 $-
AVERAGE LIST PRICE PER SQUARE FOOT $533.85 $512.46 $590.29 $-
AVERAGE SOLD PRICE $776,585 $667,696 $1,352,143 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $529.12 $515.16 $565.95 $-
TOTAL CONDOS SOLD 44 37 7 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 37 28 9 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.5 2.3 3.9 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 100% 96% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 21% -2% -1% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 10% 10% 3% 0%
AVERAGE SOLD PRICE 20% -3% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 9% 9% 4% 0%
TOTAL CONDOS SOLD 9% -22% 171% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -3% -14% 22% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -11% 9% -55% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -1% 2% 0%
(Source: MLS/CLAW)
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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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,800,328 $899,000 $1,563,244 $6,495,000
AVERAGE LIST PRICE PER SQUARE FOOT $770.65 $654.29 $777.15 $764.84
AVERAGE SOLD PRICE $1,740,446 $844,200 $1,538,052 $5,875,000
AVERAGE SOLD PRICE PER SQUARE FOOT $745.02 $614.41 $764.63 $691.83
TOTAL SFH SOLD 18 1 16 1
TOTAL SFH FOR SALE AT END OF PERIOD 19 - 10 9
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.2 - 1.9 27.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 94% 98% 90%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,420,818 $821,400 $1,512,688 $2,948,000
AVERAGE LIST PRICE PER SQUARE FOOT $678.80 $677.50 $684.73 $635.34
AVERAGE SOLD PRICE $1,487,125 $850,300 $1,590,016 $3,025,000
AVERAGE SOLD PRICE PER SQUARE FOOT $710.48 $701.34 $719.73 $651.94
TOTAL SFH SOLD 22 5 16 1
TOTAL SFH FOR SALE AT END OF PERIOD 10 1 7 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.4 0.6 1.3 6.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 105% 104% 105% 103%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 27% 9% 3% 120%
AVERAGE LIST PRICE PER SQUARE FOOT 14% -3% 13% 20%
AVERAGE SOLD PRICE 17% -1% -3% 94%
AVERAGE SOLD PRICE PER SQUARE FOOT 5% -12% 6% 6%
TOTAL SFH SOLD -18% -80% 0% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 90% -100% 43% 350%
AVERAGE MONTHLY SUPPLY OF INVENTORY 132% -100% 43% 350%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -8% -9% -6% -12%
(Source: MLS/CLAW)
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17
CONDOMINIUM SALES CHEVIOT HILLS - RANCHO PARK
JANUARY MARKET OVERVIEWIn Cheviot Hills - Rancho Park there were 7 single family home sales in January 2016, down from 8 in January 2015 and a
40% increase from the 5 sales closed last month. The average list price for single family home sales in January 2016 was
$2,215,143 compared to $1,183,125 for January 2015, representing an 87% increase. For the three-month period from
November to January 2016, the average list price was 27% higher than the same period of the prior year. Average sales
price for January 2016 was $2,071,576, compared to that of November through January 2016, which was $1,740,446.
These results indicate that the sale price is trending up. Comparing January 2016 to December 2015, Cheviot Hills -
Rancho Park saw a 34% increase in average sale price, and a 65% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,249,000 $- $1,249,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $549.01 $- $549.01 $-
AVERAGE SOLD PRICE $1,200,000 $- $1,200,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $527.47 $- $527.47 $-
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 96% 0% 96% 0%
CONDOSNOV - JAN 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%
CONDOSJAN/JAN 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)
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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 Citys 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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,049,533 $819,350 $1,306,277 $-
AVERAGE LIST PRICE PER SQUARE FOOT $653.50 $627.16 $672.39 $-
AVERAGE SOLD PRICE $1,041,565 $815,304 $1,293,933 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $648.32 $623.61 $666.04 $-
TOTAL SFH SOLD 55 29 26 -
TOTAL SFH FOR SALE AT END OF PERIOD 20 10 10 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.1 1.0 1.2 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 100% 99% 0%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $921,350 $781,494 $1,190,304 $-
AVERAGE LIST PRICE PER SQUARE FOOT $564.23 $603.02 $521.83 $-
AVERAGE SOLD PRICE $920,770 $775,630 $1,199,885 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $563.87 $598.50 $526.03 $-
TOTAL SFH SOLD 38 25 13 -
TOTAL SFH FOR SALE AT END OF PERIOD 20 8 12 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.6 1.0 2.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 99% 101% 0%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 14% 5% 10% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 16% 4% 29% 0%
AVERAGE SOLD PRICE 13% 5% 8% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 15% 4% 27% 0%
TOTAL SFH SOLD 45% 16% 100% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 0% 25% -17% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -31% 8% -58% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% 0% -2% 0%
(Source: MLS/CLAW)
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19
CONDOMINIUM SALES CULVER CITY
JANUARY MARKET OVERVIEWIn Culver City there were 16 single family home sales in January 2016, up from 11 in January 2015 and a 36% decrease
from the 25 sales closed last month. The average list price for single family home sales in January 2016 was $970,756
almost matching $949,091 for January 2015. For the three-month period from November to January 2016, the average
list price was 14% higher than the same period of the prior year. Average sales price for January 2016 was $942,563,
compared to that of November through January 2016, which was $1,041,565. These results indicate that the sale price
is trending down. Comparing January 2016 to December 2015, Culver City saw a 14% decrease in average sale price, but
was flat compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $535,314 $463,882 $1,178,200 $-
AVERAGE LIST PRICE PER SQUARE FOOT $473.97 $441.18 $643.47 $-
AVERAGE SOLD PRICE $533,090 $467,344 $1,124,800 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $472.00 $444.47 $614.31 $-
TOTAL CONDOS SOLD 50 45 5 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 12 12 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 0.7 0.8 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 101% 95% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $480,014 $480,014 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $393.49 $393.49 $- $-
AVERAGE SOLD PRICE $481,707 $481,707 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $394.88 $394.88 $- $-
TOTAL CONDOS SOLD 62 62 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 19 19 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 0.9 0.9 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 100% 0% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 12% -3% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 20% 12% 0% 0%
AVERAGE SOLD PRICE 11% -3% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 20% 13% 0% 0%
TOTAL CONDOS SOLD -19% -27% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -37% -37% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -22% -13% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% 0% 0% 0%
(Source: MLS/CLAW)
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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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $329,541 $329,541 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $257.97 $257.97 $- $-
AVERAGE SOLD PRICE $321,275 $321,275 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $251.47 $251.47 $- $-
TOTAL SFH SOLD 27 27 - -
TOTAL SFH FOR SALE AT END OF PERIOD 25 25 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 2.8 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 97% 0% 0%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $279,880 $279,880 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $216.15 $216.15 $- $-
AVERAGE SOLD PRICE $274,460 $274,460 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $211.54 $211.54 $- $-
TOTAL SFH SOLD 20 20 - -
TOTAL SFH FOR SALE AT END OF PERIOD 21 19 1 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.2 2.9 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 0% 0%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 18% 18% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 19% 19% 0% 0%
AVERAGE SOLD PRICE 17% 17% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 19% 19% 0% 0%
TOTAL SFH SOLD 35% 35% 0% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 19% 32% -100% -100%
AVERAGE MONTHLY SUPPLY OF INVENTORY -12% -3% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -1% 0% 0%
(Source: MLS/CLAW)
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21
CONDOMINIUM SALES DOWNTOWN LOS ANGELES
JANUARY MARKET OVERVIEWIn Downtown L.A. there were 26 condominium sales in January 2016, up from 23 in January 2015 and a 7% decrease
from the 28 sales closed last month. The average list price for condo sales in January 2016 was $718,327 compared to
$626,913 for January 2015, representing a 15% increase. For the three-month period from November to January 2016,
the average list price was 8% higher than the same period of the prior year. Average sales price for January 2016 was
$691,425, compared to that of November through January 2016, which was $665,290. These results indicate that the
sale price is trending up. Comparing January 2016 to December 2015, Downtown L.A. saw a 9% increase in average sale
price, and a 14% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $681,650 $551,798 $1,504,042 $-
AVERAGE LIST PRICE PER SQUARE FOOT $642.63 $569.46 $916.17 $-
AVERAGE SOLD PRICE $665,290 $544,943 $1,427,492 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $627.21 $562.38 $869.54 $-
TOTAL CONDOS SOLD 88 76 12 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 114 86 23 5
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.9 3.4 5.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 95% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $628,999 $526,210 $1,721,125 $-
AVERAGE LIST PRICE PER SQUARE FOOT $581.16 $518.45 $957.31 $-
AVERAGE SOLD PRICE $611,474 $516,848 $1,616,875 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $564.97 $509.23 $899.33 $-
TOTAL CONDOS SOLD 93 85 8 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 100 85 13 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.2 3.0 4.9 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 98% 94% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 8% 5% -13% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 11% 10% -4% 0%
AVERAGE SOLD PRICE 9% 5% -12% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 11% 10% -3% 0%
TOTAL CONDOS SOLD -5% -11% 50% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 14% 1% 77% 150%
AVERAGE MONTHLY SUPPLY OF INVENTORY 20% 13% 18% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 1% 1% 0%
(Source: MLS/CLAW)
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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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $713,975 $683,409 $1,182,667 $-
AVERAGE LIST PRICE PER SQUARE FOOT $470.17 $485.97 $365.02 $-
AVERAGE SOLD PRICE $734,354 $706,201 $1,166,033 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $483.59 $502.18 $359.89 $-
TOTAL SFH SOLD 49 46 3 -
TOTAL SFH FOR SALE AT END OF PERIOD 29 25 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.8 1.6 4.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 103% 103% 99% 0%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $669,366 $595,907 $1,330,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $448.07 $441.24 $477.91 $-
AVERAGE SOLD PRICE $680,902 $609,120 $1,326,933 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $455.80 $451.02 $476.63 $-
TOTAL SFH SOLD 40 36 4 -
TOTAL SFH FOR SALE AT END OF PERIOD 28 26 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.1 2.2 1.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 102% 102% 100% 0%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 7% 15% -11% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 5% 10% -24% 0%
AVERAGE SOLD PRICE 8% 16% -12% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 6% 11% -24% 0%
TOTAL SFH SOLD 23% 28% -25% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 4% -4% 100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -15% -25% 167% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 1% -1% 0%
(Source: MLS/CLAW)
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23
CONDOMINIUM SALES EAGLE ROCK
JANUARY MARKET OVERVIEWIn Eagle Rock there were 13 single family home sales in January 2016, up from 6 in January 2015 and a 35% decrease from
the 20 sales closed last month. The average list price for single family home sales in January 2016 was $700,077 almost
matching $712,000 for January 2015. For the three-month period from November to January 2016, the average list price
was 7% higher than the same period of the prior year. Average sales price for January 2016 was $734,856, compared
to that of November through January 2016, which was $734,354. These results indicate that the sale price is trending
up. Comparing January 2016 to December 2015, Eagle Rock saw a 1% increase in average sale price, and a 4% increase
compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $395,000 $395,000 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $411.46 $411.46 $- $-
AVERAGE SOLD PRICE $391,000 $391,000 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $407.29 $407.29 $- $-
TOTAL CONDOS SOLD 1 1 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 1 1 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.0 3.0 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $189,999 $189,999 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $398.32 $398.32 $- $-
AVERAGE SOLD PRICE $186,500 $186,500 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $390.99 $390.99 $- $-
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 98% 98% 0% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 108% 108% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 3% 3% 0% 0%
AVERAGE SOLD PRICE 110% 110% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 4% 4% 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 1% 1% 0% 0%
(Source: MLS/CLAW)
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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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,968,932 $861,929 $1,819,800 $5,211,286
AVERAGE LIST PRICE PER SQUARE FOOT $676.94 $424.99 $686.53 $867.89
AVERAGE SOLD PRICE $1,926,956 $845,965 $1,793,323 $5,048,571
AVERAGE SOLD PRICE PER SQUARE FOOT $662.51 $417.12 $676.54 $840.79
TOTAL SFH SOLD 50 17 26 7
TOTAL SFH FOR SALE AT END OF PERIOD 57 16 28 13
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.4 2.8 3.2 5.6
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 99% 97%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,964,583 $807,444 $1,741,239 $5,426,000
AVERAGE LIST PRICE PER SQUARE FOOT $664.09 $413.68 $674.06 $809.86
AVERAGE SOLD PRICE $1,909,621 $795,408 $1,717,793 $5,147,389
AVERAGE SOLD PRICE PER SQUARE FOOT $643.46 $407.51 $661.36 $768.28
TOTAL SFH SOLD 73 22 41 10
TOTAL SFH FOR SALE AT END OF PERIOD 58 15 37 6
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.4 2.0 2.7 1.8
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 99% 99% 95%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 0% 7% 5% -4%
AVERAGE LIST PRICE PER SQUARE FOOT 2% 3% 2% 7%
AVERAGE SOLD PRICE 1% 6% 4% -2%
AVERAGE SOLD PRICE PER SQUARE FOOT 3% 2% 2% 9%
TOTAL SFH SOLD -32% -23% -37% -30%
TOTAL SFH FOR SALE AT END OF PERIOD -2% 7% -24% 117%
AVERAGE MONTHLY SUPPLY OF INVENTORY 43% 38% 19% 210%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 0% 0% 2%
(Source: MLS/CLAW)
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25
CONDOMINIUM SALES HANCOCK PARK
JANUARY MARKET OVERVIEWIn Hancock Park - Wilshire there were 18 single family home sales in January 2016, down from 24 in January 2015 and a
13% increase from the 16 sales closed last month. The average list price for single family home sales in January 2016 was
$1,825,000 compared to $2,109,329 for January 2015, representing a 13% decrease. For the three-month period from
November to January 2016, the average list price was flat compared to the same period of the prior year. Average sales
price for January 2016 was $1,772,854, compared to that of November through January 2016, which was $1,926,956.
These results indicate that the sale price is trending down. Comparing January 2016 to December 2015, Hancock Park -
Wilshire saw a 7% decrease in average sale price, and a 13% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $558,422 $531,077 $1,515,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $462.12 $450.05 $688.55 $-
AVERAGE SOLD PRICE $549,592 $522,009 $1,515,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $454.81 $442.37 $688.32 $-
TOTAL CONDOS SOLD 36 35 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 42 32 10 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.5 2.7 30.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 100% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $593,694 $535,644 $1,522,500 $-
AVERAGE LIST PRICE PER SQUARE FOOT $451.21 $428.60 $641.73 $-
AVERAGE SOLD PRICE $582,859 $522,569 $1,547,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $442.97 $418.14 $652.27 $-
TOTAL CONDOS SOLD 34 32 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 37 35 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.3 3.3 3.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 102% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -6% -1% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 2% 5% 7% 0%
AVERAGE SOLD PRICE -6% 0% -2% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 3% 6% 6% 0%
TOTAL CONDOS SOLD 6% 9% -50% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 14% -9% 400% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 7% -16% 900% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% 1% -2% 0%
(Source: MLS/CLAW)
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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. Hollywoods 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 Hollywoods 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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,037,029 $787,042 $1,686,997 $-
AVERAGE LIST PRICE PER SQUARE FOOT $548.74 $498.98 $624.26 $-
AVERAGE SOLD PRICE $1,018,239 $776,792 $1,646,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $538.80 $492.48 $609.09 $-
TOTAL SFH SOLD 18 13 5 -
TOTAL SFH FOR SALE AT END OF PERIOD 20 12 8 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.3 2.8 4.8 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 99% 98% 0%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $876,305 $760,889 $1,203,317 $-
AVERAGE LIST PRICE PER SQUARE FOOT $497.21 $452.75 $603.37 $-
AVERAGE SOLD PRICE $878,782 $747,235 $1,251,500 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $498.62 $444.63 $627.53 $-
TOTAL SFH SOLD 23 17 6 -
TOTAL SFH FOR SALE AT END OF PERIOD 17 14 3 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.2 2.5 1.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 98% 104% 0%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 18% 3% 40% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 10% 10% 3% 0%
AVERAGE SOLD PRICE 16% 4% 32% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 8% 11% -3% 0%
TOTAL SFH SOLD -22% -24% -17% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 18% -14% 167% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 50% 12% 220% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -2% 1% -6% 0%
(Source: MLS/CLAW)
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27
CONDOMINIUM SALES HOLLYWOOD
JANUARY MARKET OVERVIEWIn Hollywood there were 5 single family home sales in January 2016, down from 6 in January 2015 and a 38% decrease
from the 8 sales closed last month. The average list price for single family home sales in January 2016 was $1,266,799
compared to $1,065,150 for January 2015, representing a 19% increase. For the three-month period from November
to January 2016, the average list price was 18% higher than the same period of the prior year. Average sales price for
January 2016 was $1,212,700, compared to that of November through January 2016, which was $1,018,239. These results
indicate that the sale price is trending up. Comparing January 2016 to December 2015, Hollywood saw a 46% increase in
average sale price, and a 10% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $615,064 $587,210 $1,200,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $506.15 $510.11 $468.75 $-
AVERAGE SOLD PRICE $607,285 $581,441 $1,150,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $499.75 $505.10 $449.22 $-
TOTAL CONDOS SOLD 22 21 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 26 24 2 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 3.5 3.4 6.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 96% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $746,455 $535,750 $1,308,333 $-
AVERAGE LIST PRICE PER SQUARE FOOT $544.20 $460.79 $717.48 $-
AVERAGE SOLD PRICE $730,909 $521,875 $1,288,333 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $531.79 $448.85 $704.08 $-
TOTAL CONDOS SOLD 22 16 6 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 38 26 12 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 5.2 4.9 6.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 97% 98% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -18% 10% -8% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -7% 11% -35% 0%
AVERAGE SOLD PRICE -17% 11% -11% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -6% 13% -36% 0%
TOTAL CONDOS SOLD 0% 31% -83% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -32% -8% -83% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -32% -30% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 2% -3% 0%
(Source: MLS/CLAW)
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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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,429,140 $768,690 $1,543,042 $5,299,995
AVERAGE LIST PRICE PER SQUARE FOOT $596.03 $553.29 $587.82 $718.45
AVERAGE SOLD PRICE $1,406,261 $779,700 $1,525,860 $4,801,500
AVERAGE SOLD PRICE PER SQUARE FOOT $585.86 $564.72 $581.27 $650.87
TOTAL SFH SOLD 35 10 24 1
TOTAL SFH FOR SALE AT END OF PERIOD 33 9 23 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.8 2.7 2.9 3.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 101% 99% 91%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,342,900 $834,242 $1,551,333 $3,695,000
AVERAGE LIST PRICE PER SQUARE FOOT $569.38 $546.63 $555.86 $809.60
AVERAGE SOLD PRICE $1,337,906 $821,250 $1,546,950 $3,775,000
AVERAGE SOLD PRICE PER SQUARE FOOT $567.27 $538.11 $554.29 $827.13
TOTAL SFH SOLD 31 12 18 1
TOTAL SFH FOR SALE AT END OF PERIOD 27 3 24 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.6 0.8 4.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 100% 98% 100% 102%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 6% -8% -1% 43%
AVERAGE LIST PRICE PER SQUARE FOOT 5% 1% 6% -11%
AVERAGE SOLD PRICE 5% -5% -1% 27%
AVERAGE SOLD PRICE PER SQUARE FOOT 3% 5% 5% -21%
TOTAL SFH SOLD 13% -17% 33% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 22% 200% -4% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 8% 260% -28% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% 3% -1% -11%
(Source: MLS/CLAW)
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29
CONDOMINIUM SALES HOLLYWOOD HILLS EAST
JANUARY MARKET OVERVIEWIn Hollywood Hills East there were 12 single family home sales in January 2016, up from 8 in January 2015 and a 20%
increase from the 10 sales closed last month. The average list price for single family home sales in January 2016 was
$1,645,908 compared to $1,162,563 for January 2015, representing a 42% increase. For the three-month period from
November to January 2016, the average list price was 6% higher than the same period of the prior year. Average sales
price for January 2016 was $1,583,166, compared to that of November through January 2016, which was $1,406,261.
These results indicate that the sale price is trending up. Comparing January 2016 to December 2015, Hollywood Hills East
saw a 10% increase in average sale price, and a 35% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $477,980 $477,980 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $373.13 $373.13 $- $-
AVERAGE SOLD PRICE $485,020 $485,020 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $378.63 $378.63 $- $-
TOTAL CONDOS SOLD 10 10 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 4 4 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.2 1.2 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 101% 101% 0% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $454,488 $454,488 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $384.16 $384.16 $- $-
AVERAGE SOLD PRICE $445,958 $445,958 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $376.95 $376.95 $- $-
TOTAL CONDOS SOLD 12 12 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 8 7 1 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.0 1.8 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 98% 0% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 5% 5% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -3% -3% 0% 0%
AVERAGE SOLD PRICE 9% 9% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 0% 0% 0% 0%
TOTAL CONDOS SOLD -17% -17% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -50% -43% -100% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -40% -31% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 3% 3% 0% 0%
(Source: MLS/CLAW)
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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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,580,362 $786,000 $1,659,969 $5,470,000
AVERAGE LIST PRICE PER SQUARE FOOT $645.24 $566.82 $660.73 $655.33
AVERAGE SOLD PRICE $1,544,244 $783,947 $1,642,570 $4,912,957
AVERAGE SOLD PRICE PER SQUARE FOOT $630.49 $565.34 $653.80 $588.59
TOTAL SFH SOLD 47 13 32 2
TOTAL SFH FOR SALE AT END OF PERIOD 42 4 22 16
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.7 0.9 2.1 24.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 100% 99% 90%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,600,071 $719,287 $1,706,230 $3,633,000
AVERAGE LIST PRICE PER SQUARE FOOT $635.15 $600.58 $607.59 $836.63
AVERAGE SOLD PRICE $1,585,576 $706,063 $1,690,173 $3,626,000
AVERAGE SOLD PRICE PER SQUARE FOOT $630.18 $588.38 $601.49 $846.08
TOTAL SFH SOLD 58 16 37 5
TOTAL SFH FOR SALE AT END OF PERIOD 30 6 22 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.6 1.1 1.8 1.2
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 98% 99% 100%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -1% 9% -3% 51%
AVERAGE LIST PRICE PER SQUARE FOOT 2% -6% 9% -22%
AVERAGE SOLD PRICE -3% 11% -3% 35%
AVERAGE SOLD PRICE PER SQUARE FOOT 0% -4% 9% -30%
TOTAL SFH SOLD -19% -19% -14% -60%
TOTAL SFH FOR SALE AT END OF PERIOD 40% -33% 0% 700%
AVERAGE MONTHLY SUPPLY OF INVENTORY 73% -18% 16% 1900%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% 2% 0% -10%
(Source: MLS/CLAW)
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31
CONDOMINIUM SALES LOS FELIZ
JANUARY MARKET OVERVIEWIn Los Feliz there were 15 single family home sales in January 2016, down from 16 in January 2015 and a 21% decrease
from the 19 sales closed last month. The average list price for single family home sales in January 2016 was $1,341,067
compared to $1,790,125 for January 2015, representing a 25% decrease. For the three-month period from November to
January 2016, the average list price was 1% lower than the same period of the prior year. Average sales price for January
2016 was $1,326,800, compared to that of November through January 2016, which was $1,544,244. These results
indicate that the sale price is trending down. Comparing January 2016 to December 2015, Los Feliz saw a 15% decrease in
average sale price, and a 24% decrease compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $582,444 $582,444 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $491.10 $491.10 $- $-
AVERAGE SOLD PRICE $575,444 $575,444 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $485.20 $485.20 $- $-
TOTAL CONDOS SOLD 9 9 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 4 4 - -
AVERAGE MONTHLY SUPPLY OF INVENTORY 1.3 1.3 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 99% 99% 0% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $474,286 $474,286 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $555.37 $555.37 $- $-
AVERAGE SOLD PRICE $473,714 $473,714 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $554.70 $554.70 $- $-
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 100% 100% 0% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 23% 23% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT -12% -12% 0% 0%
AVERAGE SOLD PRICE 21% 21% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT -13% -13% 0% 0%
TOTAL CONDOS SOLD 29% 29% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -20% -20% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY -38% -38% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -1% -1% 0% 0%
(Source: MLS/CLAW)
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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 Malibus 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. Sothebys 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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $3,871,238 $895,000 $2,154,034 $8,269,167
AVERAGE LIST PRICE PER SQUARE FOOT $1,120.78 $322.41 $756.89 $1,532.30
AVERAGE SOLD PRICE $3,628,443 $850,000 $2,028,262 $7,727,083
AVERAGE SOLD PRICE PER SQUARE FOOT $1,045.52 $306.20 $714.40 $1,420.60
TOTAL SFH SOLD 42 1 29 12
TOTAL SFH FOR SALE AT END OF PERIOD 135 2 54 79
AVERAGE MONTHLY SUPPLY OF INVENTORY 9.6 6.0 5.6 19.8
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 94% 95% 94% 93%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,664,048 $906,333 $2,120,037 $4,327,500
AVERAGE LIST PRICE PER SQUARE FOOT $845.28 $860.99 $781.53 $927.84
AVERAGE SOLD PRICE $2,474,933 $871,333 $1,951,674 $4,053,167
AVERAGE SOLD PRICE PER SQUARE FOOT $789.53 $827.74 $724.30 $872.63
TOTAL SFH SOLD 42 3 27 12
TOTAL SFH FOR SALE AT END OF PERIOD 128 3 52 73
AVERAGE MONTHLY SUPPLY OF INVENTORY 9.1 3.0 5.8 18.3
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 93% 96% 92% 94%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 45% -1% 2% 91%
AVERAGE LIST PRICE PER SQUARE FOOT 33% -63% -3% 65%
AVERAGE SOLD PRICE 47% -2% 4% 91%
AVERAGE SOLD PRICE PER SQUARE FOOT 32% -63% -1% 63%
TOTAL SFH SOLD 0% -67% 7% 0%
TOTAL SFH FOR SALE AT END OF PERIOD 5% -33% 4% 8%
AVERAGE MONTHLY SUPPLY OF INVENTORY 5% 100% -3% 8%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% -1% 2% 0%
(Source: MLS/CLAW)
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33
CONDOMINIUM SALES MALIBU
JANUARY MARKET OVERVIEWIn Malibu there were 10 single family home sales in January 2016, down from 12 in January 2015 and a 47% decrease from
the 19 sales closed last month. The average list price for single family home sales in January 2016 was $2,835,900 almost
matching $2,744,417 for January 2015. For the three-month period from November to January 2016, the average list price
was 45% higher than the same period of the prior year. Average sales price for January 2016 was $2,713,400, compared
to that of November through January 2016, which was $3,628,443. These results indicate that the sale price is trending
down. Comparing January 2016 to December 2015, Malibu saw a 36% decrease in average sale price, but a 8% increase
compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,142,125 $912,250 $1,372,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $686.17 $691.10 $682.93 $-
AVERAGE SOLD PRICE $1,119,375 $883,750 $1,355,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $672.50 $669.51 $674.46 $-
TOTAL CONDOS SOLD 4 2 2 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 14 5 7 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 10.5 7.5 10.5 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 98% 97% 99% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $770,833 $770,833 $- $-
AVERAGE LIST PRICE PER SQUARE FOOT $548.64 $548.64 $- $-
AVERAGE SOLD PRICE $742,500 $742,500 $- $-
AVERAGE SOLD PRICE PER SQUARE FOOT $528.47 $528.47 $- $-
TOTAL CONDOS SOLD 6 6 - -
TOTAL CONDOS FOR SALE AT END OF PERIOD 20 15 5 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 10.0 7.5 - -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 96% 0% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 48% 18% 0% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 25% 26% 0% 0%
AVERAGE SOLD PRICE 51% 19% 0% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 27% 27% 0% 0%
TOTAL CONDOS SOLD -33% -67% 0% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD -30% -67% 40% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 5% 0% 0% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 2% 1% 0% 0%
(Source: MLS/CLAW)
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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 areas 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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $10,963,500 $- $2,950,000 $11,853,889
AVERAGE LIST PRICE PER SQUARE FOOT $3,377.18 $- $2,236.54 $3,427.65
AVERAGE SOLD PRICE $9,514,310 $- $2,993,100 $10,238,889
AVERAGE SOLD PRICE PER SQUARE FOOT $2,919.70 $- $2,269.22 $2,948.48
TOTAL SFH SOLD 10 - 1 9
TOTAL SFH FOR SALE AT END OF PERIOD 52 - 7 45
AVERAGE MONTHLY SUPPLY OF INVENTORY 15.6 - 21.0 15.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 87% 0% 101% 86%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $6,357,000 $- $2,172,500 $7,552,571
AVERAGE LIST PRICE PER SQUARE FOOT $2,749.10 $- $- $2,749.10
AVERAGE SOLD PRICE $6,099,136 $- $2,171,111 $7,221,429
AVERAGE SOLD PRICE PER SQUARE FOOT $2,628.57 $- $- $2,628.57
TOTAL SFH SOLD 9 - 2 7
TOTAL SFH FOR SALE AT END OF PERIOD 45 - 5 40
AVERAGE MONTHLY SUPPLY OF INVENTORY 15.0 - 7.5 17.1
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 0% 100% 96%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 72% 0% 36% 57%
AVERAGE LIST PRICE PER SQUARE FOOT 23% 0% 0% 25%
AVERAGE SOLD PRICE 56% 0% 38% 42%
AVERAGE SOLD PRICE PER SQUARE FOOT 11% 0% 0% 12%
TOTAL SFH SOLD 11% 0% -50% 29%
TOTAL SFH FOR SALE AT END OF PERIOD 16% 0% 40% 13%
AVERAGE MONTHLY SUPPLY OF INVENTORY 4% 0% 180% -13%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO -10% 0% 2% -10%
(Source: MLS/CLAW)
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35
CONDOMINIUM SALES MALIBU BEACH
JANUARY MARKET OVERVIEWIn Malibu Beach there were 4 single family home sales in January 2016, up from 2 in January 2015 and a similar
performance from the 4 sales closed last month. The average list price for single family home sales in January 2016 was
$11,686,250 compared to $4,962,500 for January 2015, representing a 135% increase. For the three-month period from
November to January 2016, the average list price was 72% higher than the same period of the prior year. Average sales
price for January 2016 was $10,437,500, compared to that of November through January 2016, which was $9,514,310.
These results indicate that the sale price is trending up. Comparing January 2016 to December 2015, Malibu Beach saw a
74% increase in average sale price, and a 121% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,322,000 $649,000 $1,995,000 $-
AVERAGE LIST PRICE PER SQUARE FOOT $1,122.24 $825.70 $1,270.70 $-
AVERAGE SOLD PRICE $1,255,000 $610,000 $1,900,000 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $1,065.37 $776.08 $1,210.19 $-
TOTAL CONDOS SOLD 2 1 1 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 10 4 4 2
AVERAGE MONTHLY SUPPLY OF INVENTORY 15.0 12.0 12.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 95% 94% 95% 0%
CONDOSNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,055,400 $667,000 $1,314,333 $-
AVERAGE LIST PRICE PER SQUARE FOOT $1,098.92 $673.40 $1,397.73 $-
AVERAGE SOLD PRICE $997,000 $652,500 $1,226,667 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $1,038.11 $658.76 $1,304.50 $-
TOTAL CONDOS SOLD 5 2 3 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 10 6 4 -
AVERAGE MONTHLY SUPPLY OF INVENTORY 6.0 9.0 4.0 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 94% 98% 93% 0%
CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE 25% -3% 52% 0%
AVERAGE LIST PRICE PER SQUARE FOOT 2% 23% -9% 0%
AVERAGE SOLD PRICE 26% -7% 55% 0%
AVERAGE SOLD PRICE PER SQUARE FOOT 3% 18% -7% 0%
TOTAL CONDOS SOLD -60% -50% -67% 0%
TOTAL CONDOS FOR SALE AT END OF PERIOD 0% -33% 0% 0%
AVERAGE MONTHLY SUPPLY OF INVENTORY 150% 33% 200% 0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 0% -4% 2% 0%
(Source: MLS/CLAW)
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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 worlds 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)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $1,716,000 $815,000 $1,828,625 $-
AVERAGE LIST PRICE PER SQUARE FOOT $697.62 $688.34 $698.15 $-
AVERAGE SOLD PRICE $1,666,000 $800,000 $1,774,250 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $677.30 $675.68 $677.39 $-
TOTAL SFH SOLD 9 1 8 -
TOTAL SFH FOR SALE AT END OF PERIOD 14 2 6 6
AVERAGE MONTHLY SUPPLY OF INVENTORY 4.7 6.0 2.3 -
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 97% 98% 97% 0%
SFHNOV - JAN 2015 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $2,041,982 $888,933 $2,042,857 $5,495,000
AVERAGE LIST PRICE PER SQUARE FOOT $657.24 $807.39 $638.08 $649.37
AVERAGE SOLD PRICE $1,964,409 $851,667 $1,971,929 $5,250,000
AVERAGE SOLD PRICE PER SQUARE FOOT $632.27 $773.54 $615.93 $620.42
TOTAL SFH SOLD 11 3 7 1
TOTAL SFH FOR SALE AT END OF PERIOD 9 1 7 1
AVERAGE MONTHLY SUPPLY OF INVENTORY 2.5 1.0 3.0 3.0
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 96% 96% 97% 96%
SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE -16% -8% -10% -100%
AVERAGE LIST PRICE PER SQUARE FOOT 6% -15% 9% -100%
AVERAGE SOLD PRICE -15% -6% -10% -100%
AVERAGE SOLD PRICE PER SQUARE FOOT 7% -13% 10% -100%
TOTAL SFH SOLD -18% -67% 14% -100%
TOTAL SFH FOR SALE AT END OF PERIOD 56% 100% -14% 500%
AVERAGE MONTHLY SUPPLY OF INVENTORY 90% 500% -25% -100%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO 1% 2% 1% -100%
(Source: MLS/CLAW)
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37
CONDOMINIUM SALES MARINA DEL REY
JANUARY MARKET OVERVIEWIn Marina Del Rey there were 13 condominium sales in January 2016, down from 15 in January 2015 and a 58% decrease
from the 31 sales closed last month. The average list price for condo sales in January 2016 was $1,020,197 compared to
$953,733 for January 2015, representing a 7% increase. For the three-month period from November to January 2016,
the average list price was 14% higher than the same period of the prior year. Average sales price for January 2016 was
$1,003,308, compared to that of November through January 2016, which was $948,592. These results indicate that the
sale price is trending up. Comparing January 2016 to December 2015, Marina Del Rey saw a 12% increase in average sale
price, and a 8% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS)NOV - JAN 2016 ALL < $1M $1M - $3M > $3M
AVERAGE LIST PRICE $953,634 $755,599 $1,459,722 $-
AVERAGE LIST PRICE PER SQUARE FOOT $595.32 $504.83 $763.74 $-
AVERAGE SOLD PRICE $948,592 $755,172 $1,442,888 $-
AVERAGE SOLD PRICE PER SQUARE FOOT $592.54 $505.29 $754.93 $-
TOTAL CONDOS SOLD 64 46 18 -
TOTAL CONDOS FOR SALE AT END OF PERIOD 46 28 17 1
AVERAGE MONTHLY SUPPLY OF INVENT
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