Los Angeles - Westside

RodeoMarketReports.com

Local Market Report

At Rodeo Realty, we believe education is the key to helping clients make the best possible decisions about buying and selling homes. Our Local Market Reports provide comprehensive analyses of real estate trends in specific communities, versus quoting national, state, and/or county statistics. The fact is market conditions can vary greatly from neighborhood to neighborhood, and sometimes from one block to the next.

Bel Air - Holmby Hills

Beverly Center - Miracle Mile

Beverly Hills

Beverly Hills P.O.

Beverlywood

Brentwood

Cheviot Hills - Rancho Park

Culver City

Hancock Park - Wilshire

Hollywood

Hollywood Hills East

Los Feliz

Malibu

Malibu Beach

Table of Contents

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

2

3

4

5

6

7

8

9

10

11

12

13

14

15

Marina del Rey

Mid Los Angeles

Mid Wilshire

Pacific Palisades

Palms - Mar Vista

Playa Vista

Santa Monica

Silverlake - Echo Park

Sunset Strip - Hollywood Hills West

Venice

West Hollywood

West Los Angeles

Westwood - Century City

16

17

18

19

20

21

22

23

24

25

26

27

28

Bel Air-Holmby Hills

Jan 2012 Jan 2013 %Change

Median Price $2,425,000 $1,437,500 -41

Properties Sold 5 8 60

Sales Volume $19,063,000 $27,380,000 44

Properties Pending Sale 13 11 -15

Properties For Sale 137 113 -18

Average Days on Market 117 121 3

Month’s Supply of Inventory 9 8 -15

Percent Under Contract 9.5 9.7 3

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Beverly Center - Miracle Mile

Jan 2012 Jan 2013 %Change

Median Price $926,289 $1,158,500 25

Properties Sold 9 12 33

Sales Volume $7,304,289 $12,775,000 75

Properties Pending Sale 9 14 56

Properties For Sale 79 54 -32

Average Days on Market 97 25 -74

Month’s Supply of Inventory 6 3 -57

Percent Under Contract 11.4 25.9 128

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Beverly Hills

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $4,600,000 $6,200,000 35

Properties Sold 3 5 67

Sales Volume $14,050,000 $43,520,000 210

Properties Pending Sale 6 7 17

Properties For Sale 125 93 -26

Average Days on Market 112 97 -13

Month’s Supply of Inventory 17 10 -42

Percent Under Contract 4.8 7.5 57

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Beverly Hills P.O.

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $2,205,000 $1,744,105 -21

Properties Sold 10 8 -20

Sales Volume $20,870,000 $15,472,410 -26

Properties Pending Sale 6 11 83

Properties For Sale 148 95 -36

Average Days on Market 128 73 -43

Month’s Supply of Inventory 20 6 -68

Percent Under Contract 4.1 11.6 186

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Beverlywood

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $657,250 $758,000 15

Properties Sold 12 9 -25

Sales Volume $9,428,465 $7,313,000 -22

Properties Pending Sale 13 12 -8

Properties For Sale 79 41 -48

Average Days on Market 89 50 -44

Month’s Supply of Inventory 4 2 -50

Percent Under Contract 16.5 29.3 78

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Brentwood

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $1,709,750 $2,051,000 20

Properties Sold 10 9 -10

Sales Volume $19,235,500 $19,556,000 2

Properties Pending Sale 18 22 22

Properties For Sale 133 89 -33

Average Days on Market 96 47 -51

Month’s Supply of Inventory 5 2 -55

Percent Under Contract 13.5 24.7 83

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Cheviot Hills - Rancho Park

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $790,000 $1,300,000 65

Properties Sold 3 3 0

Sales Volume $2,365,000 $4,336,000 83

Properties Pending Sale 4 6 50

Properties For Sale 28 17 -39

Average Days on Market 22 22 0

Month’s Supply of Inventory 5 2 -62

Percent Under Contract 14.3 35.3 147

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Culver City

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $595,000 $715,000 20

Properties Sold 12 9 -25

Sales Volume $7,107,000 $16,622,500 -7

Properties Pending Sale 13 15 15

Properties For Sale 59 35 -41

Average Days on Market 44 59 34

Month’s Supply of Inventory 3 1 -58

Percent Under Contract 22 42.9 95

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Hancock Park - Wilshire

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $583,420 $862,500 48

Properties Sold 18 10 -44

Sales Volume $17,063,840 $7,637,000 -55

Properties Pending Sale 21 24 14

Properties For Sale 144 74 -49

Average Days on Market 62 84 35

Month’s Supply of Inventory 5 2 -65

Percent Under Contract 14.6 32.4 122

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Hollywood

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $469,000 $475,000 1

Properties Sold 3 3 0

Sales Volume $1,514,000 $1,054,995 -30

Properties Pending Sale 1 3 200

Properties For Sale 43 16 -63

Average Days on Market 132 67 -49

Month’s Supply of Inventory 32 4 -88

Percent Under Contract 2.3 18.8 706

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Hollywood Hills East

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $867,000 $875,000 1

Properties Sold 9 7 -22

Sales Volume $7,800,900 $4,842,000 -38

Properties Pending Sale 11 12 9

Properties For Sale 75 50 -33

Average Days on Market 60 68 13

Month’s Supply of Inventory 5 3 -40

Percent Under Contract 14.7 24 64

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Los Feliz

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $1,046,400 $957,000 -9

Properties Sold 11 17 55

Sales Volume $11,777,850 $14,532,700 23

Properties Pending Sale 15 19 27

Properties For Sale 114 81 -29

Average Days on Market 72 92 28

Month’s Supply of Inventory 6 3 -52

Percent Under Contract 13.2 23.5 78

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Malibu

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $1,737,500 $1,500,000 -14

Properties Sold 6 10 67

Sales Volume $7,695,000 $15,769,500 105

Properties Pending Sale 13 23 77

Properties For Sale 228 159 -30

Average Days on Market 171 127 -26

Month’s Supply of Inventory 15 5 -64

Percent Under Contract 5.7 14.5 154

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Malibu Beach

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $5,500,000 $3,175,000 -42

Properties Sold 1 2 100

Sales Volume $5,500,000 $6,350,000 15

Properties Pending Sale 1 2 100

Properties For Sale 96 67 -30

Average Days on Market 221 26 -88

Month’s Supply of Inventory 86 31 -65

Percent Under Contract 1 3 187

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Marina del Rey

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Jan 2012 Jan 2013 %Change

Median Price $1,472,500 $1,735,000 18

Properties Sold 4 3 -25

Sales Volume $5,200,000 $4,541,000 -13

Properties Pending Sale 2 4 100

Properties For Sale 26 18 -31

Average Days on Market 28 49 75

Month’s Supply of Inventory 10 3 -68

Percent Under Contract 7.7 22.2 189

Mid Los Angeles

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $269,000 $236,500 -12

Properties Sold 26 25 -4

Sales Volume $4,217,750 $4,724,000 12

Properties Pending Sale 25 40 60

Properties For Sale 215 133 -38

Average Days on Market 80 50 -38

Month’s Supply of Inventory 7 2 -76

Percent Under Contract 11.6 30.1 159

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Mid Wilshire

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $260,000 $443,000 70

Properties Sold 1 4 300

Sales Volume $0 $886,000 n/a

Properties Pending Sale 2 3 50

Properties For Sale 43 24 -44

Average Days on Market 12 115 858

Month’s Supply of Inventory 18 6 -67

Percent Under Contract 4.7 12.5 169

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Pacific Palisades

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $1,645,000 $1,668,000 1

Properties Sold 16 12 -25

Sales Volume $36,905,500 $25,274,830 -32

Properties Pending Sale 13 17 31

Properties For Sale 130 84 -35

Average Days on Market 61 55 -10

Month’s Supply of Inventory 8 3 -59

Percent Under Contract 10 20.2 102

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Palms - Mar Vista

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $719,950 $784,000 9

Properties Sold 18 23 28

Sales Volume $12,525,600 $18,121,900 45

Properties Pending Sale 20 13 -35

Properties For Sale 104 51 -51

Average Days on Market 90 39 -57

Month’s Supply of Inventory 4 2 -36

Percent Under Contract 19.2 25.5 33

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Playa Vista

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $0 $0 n/a

Properties Sold 0 0 n/a

Sales Volume $0 $0 n/a

Properties Pending Sale 1 1 0

Properties For Sale 3 3 0

Average Days on Market 89 13 -85

Month’s Supply of Inventory 2 1 -50

Percent Under Contract 33.3 33.3 0

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Santa Monica

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $1,830,000 $2,283,750 25

Properties Sold 11 12 9

Sales Volume $28,633,175 $27,350,650 -4

Properties Pending Sale 20 23 15

Properties For Sale 106 64 -40

Average Days on Market 58 36 -38

Month’s Supply of Inventory 4 2 -61

Percent Under Contract 18.9 35.9 90

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Silverlake - Echo Park

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $642,500 $603,500 -6

Properties Sold 10 20 100

Sales Volume $5,222,000 $10,080,200 93

Properties Pending Sale 26 25 -4

Properties For Sale 136 77 -43

Average Days on Market 63 81 29

Month’s Supply of Inventory 4 2 -49

Percent Under Contract 19.1 32.5 70

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Sunset Strip - Hollywood Hills West

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $1,789,950 $1,429,000 -20

Properties Sold 12 22 83

Sales Volume $25,867,900 $36,995,000 43

Properties Pending Sale 23 34 48

Properties For Sale 288 207 -28

Average Days on Market 85 74 -13

Month’s Supply of Inventory 10 4 -57

Percent Under Contract 8 16.4 106

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Venice

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $729,098 $1,257,000 72

Properties Sold 8 13 63

Sales Volume $8,880,695 $19,148,500 116

Properties Pending Sale 14 14 0

Properties For Sale 92 50 -46

Average Days on Market 83 40 -52

Month’s Supply of Inventory 8 2 -70

Percent Under Contract 15.2 28 84

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

West Hollywood

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $821,000 $682,500 -17

Properties Sold 8 2 -75

Sales Volume $7,089,000 $1,365,000 -81

Properties Pending Sale 10 7 -30

Properties For Sale 50 39 -22

Average Days on Market 78 24 -69

Month’s Supply of Inventory 3 4 26

Percent Under Contract 20 17.9 -10

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

West Los Angeles

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $734,000 $737,500 0

Properties Sold 9 8 -11

Sales Volume $4,993,000 $6,007,500 20

Properties Pending Sale 4 13 225

Properties For Sale 40 36 -10

Average Days on Market 90 44 -51

Month’s Supply of Inventory 8 2 -81

Percent Under Contract 10 36.1 261

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

Westwood - Century City

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Jan 2012 Jan 2013 %Change

Median Price $1,278,500 $1,050,000 -18

Properties Sold 14 5 -64

Sales Volume $20,753,950 $7,044,000 -66

Properties Pending Sale 9 8 -11

Properties For Sale 61 33 -46

Average Days on Market 23 35 52

Month’s Supply of Inventory 5 2 -54

Percent Under Contract 14.8 24.2 64

*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.

RODEO REALTY MARKETING DEPARTMENT