Los Angeles - Westside

RodeoRE.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 o R E . c om

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

July 2012 July 2013 %Change

Median Price $1,925,000 $2,062,500 7

Properties Sold 9 16 78

Sales Volume $18,810,000 $57,565,000 206

Properties Pending Sale 13 20 54

Properties For Sale 147 128 -13

Average Days on Market 49 46 -6

Month’s Supply of Inventory 9 5 -44

Percent Under Contract 8.8 15.6 77

Rodeo RealtyR o d e o R E . c om

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

Beverly Center - Miracle Mile

July 2012 July 2013 %Change

Median Price $800,000 $1,210,000 51

Properties Sold 20 22 10

Sales Volume $17,799,750 $27,894,200 57

Properties Pending Sale 26 30 15

Properties For Sale 94 71 -24

Average Days on Market 41 35 -15

Month’s Supply of Inventory 2 1 -50

Percent Under Contract 27.7 42.3 53

Rodeo RealtyR o d e o R E . c om

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $2,725,000 $3,700,000 36

Properties Sold 11 14 27

Sales Volume $31,996,500 $63,947,315 100

Properties Pending Sale 11 18 64

Properties For Sale 153 117 -24

Average Days on Market 90 60 -33

Month’s Supply of Inventory 11 5 -55

Percent Under Contract 7.2 15.4 114

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $1,728,000 $2,200,500 27

Properties Sold 11 20 82

Sales Volume $22,369,130 $70,011,905 213

Properties Pending Sale 16 20 25

Properties For Sale14 146 124 -15

Average Days on Market 123 61 -50

Month’s Supply of Inventory 7 4 -43

Percent Under Contract 11.0 16.1 47

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

Beverlywood

Rodeo RealtyR o d e o R E . c om

July 2012 July 2013 %Change

Median Price $751,500 $905,000 20

Properties Sold 23 17 -26

Sales Volume $19,636,410 $14,486,120 -26

Properties Pending Sale 20 18 -10

Properties For Sale 73 63 -14

Average Days on Market 43 19 -56

Month’s Supply of Inventory 2 2 0

Percent Under Contract 27.4 28.6 4

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

Brentwood

Rodeo RealtyR o d e o R E . c om

June 2012 June 2013 %Change

Median Price $1,710,000 $2,499,500 46

Properties Sold 24 28 17

Sales Volume $91,559,695 $95,373,884 4

Properties Pending Sale 26 24 -8

Properties For Sale 135 108 -20

Average Days on Market 80 54 -33

Month’s Supply of Inventory 3 3 0

Percent Under Contract 19.3 22.2 15

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $1,430,141 $1,925,000 35

Properties Sold 5 7 40

Sales Volume $6,680,141 $15,439,000 131

Properties Pending Sale 8 8 0

Properties For Sale 35 25 -29

Average Days on Market 30 35 17

Month’s Supply of Inventory 3 2 -33

Percent Under Contract 22.9 32.0 40

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $725,000 $807,500 11

Properties Sold 16 26 63

Sales Volume $10,581,200 $19,844,200 88

Properties Pending Sale 27 23 -15

Properties For Sale 82 72 -12

Average Days on Market 40 38 -5

Month’s Supply of Inventory 2 2 0

Percent Under Contract 32.9 31.9 -3

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $985,000 $1,128,500 15

Properties Sold 21 28 33

Sales Volume $27,090,442 $39,204,800 45

Properties Pending Sale 21 20 -5

Properties For Sale 133 109 -18

Average Days on Market 45 47 4

Month’s Supply of Inventory 4 3 -25

Percent Under Contract 15.8 18.3 16

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

Hollywood

Rodeo RealtyR o d e o R E . c om

July 2012 July 2013 %Change

Median Price $450,000 $588,950 31

Properties Sold 5 12 140

Sales Volume $1,860,000 $6,412,200 245

Properties Pending Sale 7 6 -14

Properties For Sale 38 26 -32

Average Days on Market 31 51 65

Month’s Supply of Inventory 4 3 -25

Percent Under Contract 18.4 23.1 25

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $925,000 $1,065,000 15

Properties Sold 13 7 -46

Sales Volume $13,092,300 $7,142,500 -45

Properties Pending Sale 17 16 -6

Properties For Sale 95 74 -22

Average Days on Market 81 50 -38

Month’s Supply of Inventory 4 3 -25

Percent Under Contract 17.9 21.6 21

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $862,500 $1,186,000 38

Properties Sold 20 31 55

Sales Volume $24,355,000 $35,906,400 47

Properties Pending Sale 19 27 42

Properties For Sale 116 90 -22

Average Days on Market 27 78 189

Month’s Supply of Inventory 4 2 -50

Percent Under Contract 16.4 30.0 83

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

Malibu

Rodeo RealtyR o d e o R E . c om

July 2012 July 2013 %Change

Median Price $2085,000 $1,847,500 -11

Properties Sold 11 18 64

Sales Volume $29,009,000 $46,456,750 60

Properties Pending Sale 11 18 64

Properties For Sale 239 224 -6

Average Days on Market 120 111 -8

Month’s Supply of Inventory 19 10 -47

Percent Under Contract 4.6 8.0 75

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $9,150,000 $2,218,750 -76

Properties Sold 2 4 100

Sales Volume $18,300,000 $15,765,250 -14

Properties Pending Sale 2 5 150

Properties For Sale 102 84 -18

Average Days on Market 103 300 191

Month’s Supply of Inventory 46 14 -70

Percent Under Contract 2.0 6.0 204

*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 o R E . c om

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

July 2012 July 2013 %Change

Median Price $1,303,750 $1,262,500 -3

Properties Sold 6 6 0

Sales Volume $6,257,500 $7,600,000 21

Properties Pending Sale 5 4 -20

Properties For Sale 20 19 -5

Average Days on Market 61 34 -44

Month’s Supply of Inventory 3 3 0

Percent Under Contract 25.0 21.1 -16

Mid Los Angeles

Rodeo RealtyR o d e o R E . c om

July 2012 July 2013 %Change

Median Price $303,500 $398,000 31

Properties Sold 24 27 13

Sales Volume $6,015,400 $7,284,000 21

Properties Pending Sale 29 34 17

Properties For Sale 169 144 -15

Average Days on Market 55 33 -40

Month’s Supply of Inventory 4 3 -25

Percent Under Contract 17.2 23.6 38

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $414,000 $330,000 -20

Properties Sold 4 1 -75

Sales Volume $393,000 $330,000 -16

Properties Pending Sale 3 2 -33

Properties For Sale 34 25 -26

Average Days on Market 8 41 413

Month’s Supply of Inventory 9 9 0

Percent Under Contract 8.8 8.0 -9

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $1,857,500 $2,026,187 9

Properties Sold 32 36 13

Sales Volume $75,842,325 $83,028,561 9

Properties Pending Sale 25 38 52

Properties For Sale 158 133 -16

Average Days on Market 61 37 -39

Month’s Supply of Inventory 5 2 -60

Percent Under Contract 15.8 28.6 81

*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 o R E . c om

July 2013 July 2013 %Change

Median Price $765,000 $905,000 18

Properties Sold 28 31 11

Sales Volume $22,569,900 $30,153,500 33

Properties Pending Sale 31 33 6

Properties For Sale 95 78 -18

Average Days on Market 84 32 -62

Month’s Supply of Inventory 2 1 -50

Percent Under Contract 32.6 42.3 30

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $1,525,000 $1,499,000 -2

Properties Sold 1 1 0

Sales Volume $1,525,000 $1,499,000 -2

Properties Pending Sale 0 4 N/A

Properties For Sale 2 8 300

Average Days on Market N/A 23 N/A

Month’s Supply of Inventory N/A 1 N/A

Percent Under Contract 0.0 50.0 N/A

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $1,517,500 $2,683,000 77

Properties Sold 20 26 30

Sales Volume $50,333,001 $78,468,000 56

Properties Pending Sale 27 26 -4

Properties For Sale 114 85 -25

Average Days on Market 66 45 -32

Month’s Supply of Inventory 3 2 -33

Percent Under Contract 23.7 30.6 29

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $620,000 $685,000 10

Properties Sold 29 29 0

Sales Volume $15,968,200 $16,759,320 5

Properties Pending Sale 24 32 33

Properties For Sale 114 94 -18

Average Days on Market 38 22 -42

Month’s Supply of Inventory 3 2 -33

Percent Under Contract 21.1 34.0 62

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $1,144,500 $1,400,000 22

Properties Sold 36 33 -8

Sales Volume $56,067,000 $51,938,758 -7

Properties Pending Sale 39 38 -3

Properties For Sale 322 277 -14

Average Days on Market 54 67 24

Month’s Supply of Inventory 6 5 -17

Percent Under Contract 12.1 13.7 13

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

Venice

Rodeo RealtyR o d e o R E . c om

July 2012 July 2013 %Change

Median Price $1,320,000 $1,347,500 2

Properties Sold 15 21 40

Sales Volume $19,051,200 $27,295,800 43

Properties Pending Sale 22 17 -23

Properties For Sale 101 73 -28

Average Days on Market 46 28 -39

Month’s Supply of Inventory 3 3 0

Percent Under Contract 21.8 23.3 7

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $899,000 $950,750 6

Properties Sold 13 12 -8

Sales Volume $13,536,000 $13,753,500 2

Properties Pending Sale 11 8 -27

Properties For Sale 50 47 -6

Average Days on Market 59 41 -31

Month’s Supply of Inventory 3 4 33

Percent Under Contract 22.0 17.0 -23

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $644,500 $900,000 40

Properties Sold 12 7 -42

Sales Volume $6,153,000 $7,322,500 19

Properties Pending Sale 3 7 133

Properties For Sale 34 33 -3

Average Days on Market 98 54 -45

Month’s Supply of Inventory 9 3 -67

Percent Under Contract 8.8 21.2 140

*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 o R E . c om

July 2012 July 2013 %Change

Median Price $1,297,630 $1,915,000 48

Properties Sold 16 11 -31

Sales Volume $26,520,760 $24,619,250 -7

Properties Pending Sale 12 17 42

Properties For Sale 78 55 -29

Average Days on Market 87 24 -72

Month’s Supply of Inventory 5 2 -60

Percent Under Contract 15.4 30.9 101

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

RODEO REALTY MARKETING DEPARTMENT