Local Market Report
August
20 17
Westside / Los Angeles
RodeoRE.com
Table of Contents Bel Air - Holmby Hills
2
Marina del Rey
16
Beverly Center - Miracle Mile
3
Mid Los Angeles
17
Beverly Hills
4
Mid Wilshire
18
Beverly Hills P.O.
5
Palms
19
Beverlywood
6
Pacific Palisades
20
Brentwood
7
Playa Vista
21
Cheviot Hills - Rancho Park
8
Santa Monica
22
Culver City
9
Silverlake - Echo Park
23
Hancock Park
10
Hollywood
11
Sunset Strip Hollywood Hills West
24
Hollywood Hills East
12
Venice
25
Los Feliz
13
West Hollywood
26
Malibu
14
West Los Angeles
27
Malibu Beach
15
Westwood - Century City
28
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Bel Air-Holmby Hills
August 2016
Median Price $38,550
Properties Sold
26
Sales Volume $26,808,799
Average Sale Price
$1,031,108
Properties For Sale 246
Average Days on Market
69
Months Supply of Inventory 9
Average List Price
$3,262,890
August 2017 %Change $1,167,500 24
-8%
$66,222,253
147%
$2,759,261
168%
258
5%
75
9%
11
22%
$3,240,862
-1%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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2929%
Beverly Center - Miracle Mile
August 2016
Median Price $701,300
Properties Sold
73
Sales Volume $65,770,380
Average Sale Price
$900,964
Properties For Sale 223
Average Days on Market
68
Months Supply of Inventory 3
Average List Price
$703,233
August 2017 %Change $530,000
-24%
81
11%
$80,571,784
23%
$994,713
10%
282
26%
39
-43%
3
0%
$645,405
-8%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Beverly Hills
August 2016
Median Price $7,995
Properties Sold
59
Sales Volume $64,573,515
Average Sale Price
$1,094,466
Properties For Sale 359
Average Days on Market
60
Months Supply of Inventory 6
Average List Price
$3,346,900
August 2017 %Change $33,750 64
8%
$99,870,500
55%
$1,560,477
43%
431
20%
49
-18%
7
17%
$2,747,279
-18%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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322%
Beverly Hills P.O.
August 2016
Median Price $1,662,500
Properties Sold
22
Sales Volume $49,855,100
Average Sale Price
$2,266,141
Properties For Sale 230
Average Days on Market
68
Months Supply of Inventory 10
Average List Price
$3,821,855
August 2017 %Change $1,756,250
6%
30
36%
$72,848,230
46%
$2,428,274
7%
187
-19%
87
28%
6
-40%
$3,326,441
-13%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Beverlywood
August 2016
Median Price $975,000
Properties Sold
45
Sales Volume $40,858,906
Average Sale Price
$907,976
Properties For Sale 113
Average Days on Market
40
Months Supply of Inventory 3
Average List Price
$975,000
August 2017 %Change $725,000
-26%
37
-18%
$31,634,716
-23%
$854,992
-6%
99
-12%
35
-13%
3
0%
$725,000
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
-26%
Brentwood
August 2016
Median Price $740,000
Properties Sold
83
Sales Volume $108,055,973
Average Sale Price
$1,301,879
Properties For Sale 83
Average Days on Market
48
Months Supply of Inventory 3
Average List Price
$1,376,216
August 2017 %Change $832,000
12%
66
-20%
$106,122,419
-2%
$1,607,915
24%
66
-20%
42
-13%
4
33%
$1,649,405
20%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Cheviot Hills - Rancho Park
August 2016
Median Price $2,330,000
Properties Sold
17
Sales Volume $34,690,725
Average Sale Price
$2,040,631
Properties For Sale 17
Average Days on Market
49
Months Supply of Inventory 2
Average List Price
$1,895,700
August 2017 %Change $1,420,000
-39%
13
-24%
$17,266,740
-50%
$1,328,211
-35%
13
-24%
25
-49%
3
50%
$1,277,017
-33%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Culver City
August 2016
Median Price $580,000
Properties Sold
65
Sales Volume $48,114,277
Average Sale Price
$740,220
Properties For Sale 65
Average Days on Market
54
Months Supply of Inventory 2
Average List Price
$606,318
August 2017 %Change $764,500
32%
62
-5%
$45,297,200
-6%
$730,600
-1%
62
-5%
21
-61%
2
0%
$777,464
28%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hancock Park
August 2016
Median Price $960,000
Properties Sold
83
Sales Volume $90,441,387
Average Sale Price
$1,089,655
Properties For Sale 83
Average Days on Market
54
Months Supply of Inventory 3
Average List Price
$1,148,790
August 2017 %Change $1,020,000 73
-12%
$79,183,888
-12%
$1,084,711
0%
73
-12%
37
-31%
3
0%
$856,903
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
6%
-25%
Hollywood
August 2016
Median Price $652,500
Properties Sold
54
Sales Volume $40,791,711
Average Sale Price
$755,402
Properties For Sale 204
Average Days on Market
71
Months Supply of Inventory 4
Average List Price
$636,749
August 2017 %Change $623,750
-4%
48
-11%
$31,311,075
-23%
$652,314
-14%
271
33%
46
-35%
6
50%
$755,280
19%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hollywood Hills East
August 2016
Median Price $468,000
Properties Sold
25
Sales Volume $16,398,285
Average Sale Price
$655,931
Properties For Sale 25
Average Days on Market
37
Months Supply of Inventory 7
Average List Price
$767,197
August 2017 %Change $22,164 25
0%
$14,747,689
-10%
$589,908
-10%
25
0%
54
46%
4
-43%
$731,265
-5%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
-95%
Los Feliz
August 2016 Median Price $1,350,000
August 2017 %Change $1,077,500
-20%
Properties Sold 34 Sales Volume $41,957,825
40
18%
$52,557,525
25%
$1,313,938
6%
40
18%
41
-2%
4
0%
Average Sale Price
$1,234,054
Properties For Sale 34
Average Days on Market
42
Months Supply of Inventory 4
Average List Price
$1,419,006
$934,790
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
-34%
Malibu
August 2016
Median Price $782,500
Properties Sold
54
Sales Volume $82,373,252
Average Sale Price
$1,525,431
Properties For Sale 493
Average Days on Market
113
Months Supply of Inventory 9
Average List Price
$1,726,950
August 2017 %Change $42,500
-95%
70
30%
$105,612,652
28%
$1,508,752
-1%
462
-6%
103
-9%
7
-22%
$1,919,764
11%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Malibu Beach
August 2016
Median Price $30,000
Properties Sold
20
Sales Volume $55,381,250
Average Sale Price
$2,769,063
Properties For Sale 20
Average Days on Market
101
Months Supply of Inventory 13
Average List Price
$2,586,404
August 2017 %Change $100,000
233%
17
-15%
$26,027,145
-53%
$1,531,009
-45%
17
-15%
120
19%
14
8%
$2,512,374
-3%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Marina del Rey
August 2016
Median Price $5,535
Properties Sold
81
Sales Volume $48,244,460
Average Sale Price
$595,611
Properties For Sale 215
Average Days on Market
48
Months Supply of Inventory 3
Average List Price
$522,711
August 2017 %Change $817,500 76
-6%
$56,653,005
17%
$745,434
25%
219
2%
41
-15%
3
0%
$569,411
9%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
14670%
Mid Los Angeles
August 2016
Median Price $640,000
Properties Sold
70
Sales Volume $47,022,799
Average Sale Price
$671,754
Properties For Sale 70
Average Days on Market
51
Months Supply of Inventory 4
Average List Price
$666,617
August 2016 %Change $702,000
10%
85
21%
$66,956,115
42%
$787,719
17%
85
21%
39
-24%
3
-25%
$758,006
14%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Mid Wilshire
August 2016
Median Price $607,912
Properties Sold
46
Sales Volume $22,303,484
Average Sale Price
$484,858
Properties For Sale 46
Average Days on Market
49
Months Supply of Inventory 4
Average List Price
August 2017 %Change $753,656
24%
53
15%
$34,705,040
56%
$654,812
35%
53
15%
40
-18%
4
0%
$753,656
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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#VALUE!
Pacific Palisades
August 2016
Median Price $785,000
Properties Sold
68
Sales Volume $110,316,029
Average Sale Price
$1,622,295
Properties For Sale 68
Average Days on Market
49
Months Supply of Inventory 3
Average List Price
$2,363,199
August 2017 %Change $1,335,000
70%
73
7%
$127,028,184
15%
$1,740,112
7%
73
7%
39
-20%
3
0%
$2,192,137
-7%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Palms
August 2016
Median Price $930,000
Properties Sold
57
Sales Volume $62,052,625
Average Sale Price
$1,088,643
Properties For Sale 57
Average Days on Market
49
Months Supply of Inventory 2
Average List Price
$989,205
August 2017 %Change $745,000
-20%
63
11%
$56,132,506
-10%
$890,992
-18%
63
11%
27
-45%
3
50%
$975,109
-1%v
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Playa Vista
August 2016
Median Price $7,750
Properties Sold
22
Sales Volume $8,496,150
Average Sale Price
$386,189
Properties For Sale 54
Average Days on Market
35
Months Supply of Inventory 2
Average List Price
$560,305
August 2017 %Change $825,000 31
41%
$26,931,335
217%
$868,753
125%
64
19%
29
-17%
2
0%
$836,066
49%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
10545%
Santa Monica
August 2016
Median Price $11,000
Properties Sold
142
Sales Volume $113,747,930
Average Sale Price
$801,042
Properties For Sale 142
Average Days on Market
50
Months Supply of Inventory 3
Average List Price
$1,068,629
August 2017 %Change $12,500
14%
154
8%
$122,385,817
8%
$794,713
-1%
154
8%
37
-26%
4
33%
$874,831
-18%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Silverlake - Echo Park
August 2016
Median Price $786,500
Properties Sold
90
Sales Volume $64,003,838
Average Sale Price
$711,154
Properties For Sale 90
Average Days on Market
45
Months Supply of Inventory 3
Average List Price
$765,172
August 2017 %Change $950,000
21%
63
-30%
$53,757,386
-16%
$853,292
20%
63
-30%
32
-29%
4
33%
$803,979
5%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Sunset Strip - Hollywood Hills West
August 2016
Median Price $355,000
Properties Sold
87
Sales Volume $93,152,068
Average Sale Price
$1,070,713
Properties For Sale 548
Average Days on Market
56
Months Supply of Inventory 6
Average List Price
$1,519,595
August 2017 %Change $955,000 80
-8%
$109,823,996
18%
$1,372,800
28%
581
6%
43
-23%
7
17%
$1,463,289
-4%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
169%
Venice
August 2016
Median Price $1,235,000
Properties Sold
44
Sales Volume $47,660,861
Average Sale Price
$1,083,201
Properties For Sale 239
Average Days on Market
58
Months Supply of Inventory 5
Average List Price
$1,036,697
August 2017 %Change $25,000
-98%
51
16%
$49,791,230
4%
$976,299 250
5%
51
-12%
5
0%
$1,214,506
17%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
-10%
West Hollywood
August 2016
Median Price $427,000
Properties Sold
89
Sales Volume $48,580,801
Average Sale Price
$545,852
Properties For Sale 247
Average Days on Market
40
Months Supply of Inventory 3
Average List Price
$650,948
August 2017 %Change $11,000
-97%
99
11%
$51,663,364
6%
$521,852
-4%
295
19%
35
-13%
3
0%
$806,152
24%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
West Los Angeles
August 2016
Median Price $599,000
Properties Sold
59
Sales Volume $29,029,334
Average Sale Price
$492,023
Properties For Sale 139
Average Days on Market
32
Months Supply of Inventory 2
Average List Price
$848,480
August 2017 %Change $600,000
0%
62
5%
$35,207,006
21%
$567,855
15%
145
4%
31
-3%
2
0%
$697,278
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
-18%
Westwood - Century City
August 2016
Median Price $465,113
Properties Sold
150
Sales Volume $117,684,115
Average Sale Price
$784,561
Properties For Sale 407
Average Days on Market
58
Months Supply of Inventory 3
Average List Price
$906,222
August 2017 %Change $20,000
-96%
126
-16%
$85,019,026
-28%
$674,754
-14%
445
9%
37
-36%
4
33%
$778,297
-14%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
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