deasy/penner q3 2015 market analysis report
DESCRIPTION
A guide to market performance and analysis. Explore your neighborhood today.TRANSCRIPT
MARKET REPORT Q3 :: 2015
deasypenner.com
deasy/penner&partners
TABLE OF CONTENTS
4
6
7
15
21
30
YOUR GUIDE TO MARKET PERFORMANCE & ANALYSIS
EXPLORE YOUR NEIGHBORHOOD
LOS ANGELES AREA
WESTSIDE LA AREA
PASADENA + SAN GABRIEL VALLEY AREA
CONTACT US
YOUR GUIDE TO MARKET PERFORMANCE & ANALYSIS
The Market Report :: Q3 2015 deasypenner.com
la county :: market snapshot
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
5
Q3 2015
$550,000
$405
13,831
54
Q3 2015
$415,000
$388
4,961
56
Data*
Median Price
Avg. Price / Sq. Ft.
Properties Sold
Days on Market
Data*
Median Price
Avg. Price / Sq. Ft.
Properties Sold
Days on Market
Q3 2014
$520,000
$388
12,905
56
Q3 2014
$395,000
$375
4,486
59
% Change
5.77%
4.25%
7.18%
-3.57%
% Change
5.06%
3.55%
10.59%
-5.08%
SINGLE FAMILY HOMES CONDOMINIUM HOMES
MEDIAN PRICE MEDIAN PRICE
vs Q3 2014
$520,000
$550,000 $415,000+6%
DAYS ON THE MARKET
Q3 2015 Q3 2014
PROPERTIES SOLD
4,961
4,486
+11%
54DAYS
56DAYS
Q3 2015
vs Q3 2014
$395,000+5%
EXPLORE YOURNEIGHBORHOOD
The Market Report :: Q3 2015 deasypenner.com
los angeles area
# OF SALES
39
43
60
45
55
25
74
31
60
28
43
68
122
85
106
118
52
30
29
1,113
NEIGHBORHOOD
Beverly Hills
Beverly Hills PO
Beverlywood
Beverly Center - Miracle
Brentwood
Cheviot Hills - Rancho Park
Culver City
Downtown LA
Hancock Park - Wilshire
Hollywood
Hollywood Hills East
Los Feliz
Mid - Los Angeles
Silver Lake - Echo Park
Studio City
Sunset Strip - HH West
Westwood - Century City
West Hollywood
West LA
TOTAL/AVERAGE
AVG. SALE PRICE
$5,150,000
$2,525,000
$1,182,500
$1,648,000
$2,750,000
$1,850,000
$1,017,500
$280,500
$1,502,500
$781,445
$1,228,000
$1,391,500
$557,500
$793,000
$1,385,000
$1,590,000
$1,650,000
$1,330,000
$991,000
$1,558,076
AVG. $ / SQ. FT.
$1,319
$910
$695
$756
$904
$785
$686
$265
$649
$540
$607
$669
$364
$613
$607
$773
$811
$917
$710
$715
NEIGHBORHOOD FOCUS Q3 2015 SINGLE FAMILY HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
7
The Market Report :: Q3 2015 deasypenner.com
los angeles area
MEDIAN PRICE CHANGE Q3 2015 — Q3 2014 SINGLE FAMILY HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
8
$250K
$500K
$1M
$1.5M
$2M
$2.5M
$3M
$3.5M
2015 2014
Beve
rlyw
ood
Hanc
ock
Park
- W
ilshi
re
Beve
rly H
ills
PO
Culv
er C
ity
Bren
twoo
d
Holly
woo
d Hi
lls E
ast
Beve
rly H
ills
Beve
rly C
ente
r - M
iracle
Holly
woo
d
Dow
ntow
n LA
Chev
iot H
ills
- Ran
cho
Park
Los
Feliz
Mid
- Lo
s Ang
eles
Wes
twoo
d - C
entu
ry C
ity
Stud
io C
ity
Wes
t LA
Wes
t Hol
lywoo
d
Suns
et S
trip
- HH
Wes
t
Silv
er L
ake
- Ech
o Pa
rk
The Market Report :: Q3 2015 deasypenner.com
los angeles area
# OF SALES
34
NA
15
37
63
NA
64
115
51
29
7
7
3
18
60
30
166
103
43
845
NEIGHBORHOOD
Beverly Hills
Beverly Hills PO
Beverlywood
Beverly Center - Miracle
Brentwood
Cheviot Hills - Rancho Park
Culver City
Downtown LA
Hancock Park - Wilshire
Hollywood
Hollywood Hills East
Los Feliz
Mid - Los Angeles
Silver Lake - Echo Park
Studio City
Sunset Strip - HH West
Westwood - Century City
West Hollywood
West LA
TOTAL/AVERAGE
AVG. SALE PRICE
$1,145,000
NA
$640,000
$752,500
$733,000
NA
$447,000
$545,000
$545,000
$699,800
$485,000
$439,000
$305,000
$635,000
$532,000
$527,500
$747,000
$620,000
$765,000
$621,341
AVG. $ / SQ. FT.
$689
NA
$497
$544
$565
NA
$448
$574
$466
$572
$473
$510
$295
$522
$406
$528
$589
$607
$511
$517
NEIGHBORHOOD FOCUS Q3 2015 CONDOMINIUM HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
9
The Market Report :: Q3 2015 deasypenner.com
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
los angeles area
10
MEDIAN PRICE CHANGE Q3 2015 — Q3 2014 CONDOMINIUM HOMES
$200K
$250K
$500K
$750K
$1M
Beve
rlyw
ood
Hanc
ock
Park
- W
ilshi
re
Beve
rly H
ills
PO
Culv
er C
ity
Bren
twoo
d
Holly
woo
d Hi
lls E
ast
Beve
rly H
ills
Beve
rly C
ente
r - M
iracle
Holly
woo
d
Dow
ntow
n LA
Chev
iot H
ills
- Ran
cho
Park
Los
Feliz
Mid
- Lo
s Ang
eles
Wes
twoo
d - C
entu
ry C
ity
Stud
io C
ity
Wes
t LA
Wes
t Hol
lywoo
d
Suns
et S
trip
- HH
Wes
t
Silv
er L
ake
- Ech
o Pa
rk
2015 2014
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
Q3 2015
$5,150,000$1,319
3990
Q3 2014
$3,830,000$1,111
4063
% CHANGE
34.46%18.67%-2.50%42.86%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$1,145,000$689
3466
Q3 2014
$1,100,000$662
3374
% CHANGE
4.09%4.05%3.03%
-10.81%
BEVERLY HILLS SFR CONDO
Q3 2015
$1,182,500$695
6029
Q3 2014
$982,500$590
6056
% CHANGE
20.36%17.95%
0.00%-48.21%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$640,000$497
1537
Q3 2014
$575,000$435
1750
% CHANGE
11.30%14.14%
-11.76%-26.00%
BEVERLYWOOD SFR CONDO
Q3 2015
$2,525,000$910
4384
Q3 2014
$2,681,500$829
3669
% CHANGE
-5.84%9.81%
19.44%21.74%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q2 2015
NANANANA
Q2 2014
NANANANA
% CHANGE
NANANANA
BEVERLY HILLS PO SFR CONDO
Q3 2015
$1,648,000$756
4548
Q3 2014
$1,315,000$689
5939
% CHANGE
25.32%9.76%
-23.73%23.08%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$752,500$544
3743
Q3 2014
$615,000$493
3380
% CHANGE
22.36%10.33%12.12%
-46.25%
BEVERLY CENTER :: MIRACLE SFR CONDO
Q3 2015
$2,750,000$904
5575
Q3 2014
$2,525,000$883
6478
% CHANGE
8.91%2.30%
-14.06%-3.85%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$733,000$565
6348
Q3 2014
$768,000$538
7148
% CHANGE
-4.56%5.10%
-11.27%0.00%
BRENTWOOD SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
11
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
Q3 2015
$1,850,000$785
2539
Q3 2014
$1,395,500$717
2037
% CHANGE
32.57%9.46%
25.00%5.41%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
NANANANA
Q3 2014
NANANANA
% CHANGE
NANANANA
CHEVIOT HILLS :: RANCHO PARK SFR CONDO
Q3 2015
$280,500$265
3153
Q3 2014
$252,000$242
2357
% CHANGE
11.31%9.13%
34.78%-7.02%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$545,000$574
11559
Q3 2014
$562,500$542
12266
% CHANGE
-3.11%5.90%
-5.74%-10.61%
DOWNTOWN LA SFR CONDO
Q3 2015
$1,017,500$686
7439
Q3 2014
$834,700$620
5237
% CHANGE
21.90%10.60%42.31%
5.41%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$447,000$448
6434
Q3 2014
$417,500$396
7546
% CHANGE
7.07%13.22%
-14.67%-26.09%
CULVER CITY SFR CONDO
Q3 2015
$1,502,500$649
6051
Q3 2014
$1,255,000$594
8063
% CHANGE
19.72%9.36%
-25.00%-19.05%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$545,000$466
5166
Q3 2014
$575,000$425
3963
% CHANGE
-5.22%9.49%
30.77%4.76%
HANCOCK PARK :: WILSHIRE SFR CONDO
Q3 2015
$781,445$540
2889
Q3 2014
$650,000$489
2580
% CHANGE
20.22%10.54%12.00%11.25%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$699,800$572
2968
Q3 2014
$600,000$524
3179
% CHANGE
16.63%9.02%
-6.45%-13.92%
HOLLYWOOD SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
12
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
Q3 2015
$1,228,000$607
4368
Q3 2014
$1,134,000$536
4080
% CHANGE
8.29%13.23%
7.50%-15.00%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$485,000$473
747
Q3 2014
$400,000$429
1142
% CHANGE
21.25%10.08%
-36.36%11.90%
HOLLYWOOD HILLS EAST SFR CONDO
Q3 2015
$557,500$364
12239
Q3 2014
$450,000$325103
43
% CHANGE
23.89%12.06%18.45%-9.30%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$305,000$295
338
Q3 2014
$283,000$249
5130
% CHANGE
7.77%18.52%
-40.00%-70.77%
MID LOS ANGELES SFR CONDO
Q3 2015
$1,391,500$669
6850
Q3 2014
$1,145,000$607
7049
% CHANGE
21.53%10.18%-2.86%2.04%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$439,000$510
731
Q3 2014
$495,000$474
736
% CHANGE
-11.31%7.65%0.00%
-13.89%
LOS FELIZ SFR CONDO
Q3 2015
$793,000$613
8540
Q3 2014
$775,000$578
7342
% CHANGE
2.32%5.99%
16.44%-4.76%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$635,000$522
1835
Q3 2014
$520,000$446
1234
% CHANGE
22.12%16.93%50.00%
2.94%
SILVER LAKE :: ECHO PARK SFR CONDO
Q3 2015
$1,385,000$607
10654
Q3 2014
$1,200,000$570
8562
% CHANGE
15.42%6.57%
24.71%-12.90%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$532,000$406
6058
Q3 2014
$500,000$383
4863
% CHANGE
6.40%6.08%
25.00%-7.94%
STUDIO CITY SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
13
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
Q3 2015
$1,590,000$773
11864
Q3 2014
$1,850,000$788119
78
% CHANGE
-14.05%-1.93%-0.84%
-17.95%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$527,500$528
3045
Q3 2014
$445,000$494
2561
% CHANGE
18.54%6.84%
20.00%-26.23%
SUNSET STRIP :: HH WEST SFR CONDO
Q3 2015
$1,330,500$917
3049
Q3 2014
$1,190,000$839
3339
% CHANGE
11.76%9.37%
-9.09%25.64%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$620,000$607
10358
Q3 2014
$627,500$532
10055
% CHANGE
-1.20%14.07%
3.00%5.45%
WEST HOLLYWOOD SFR CONDO
Q3 2015
$1,650,000$811
5236
Q3 2014
$2,050,000$781
6142
% CHANGE
-19.51%3.73%
-14.75%-14.29%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$747,000$589
16662
Q3 2014
$770,000$608
15874
% CHANGE
-2.99%-3.09%5.06%
-16.22%
WESTWOOD :: CENTURY CITY SFR CONDO
Q3 2015
$991,000$710
2946
Q3 2014
$859,500$669
3241
% CHANGE
15.30%6.10%
-9.38%12.20%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$765,000$511
4346
Q3 2014
$610,000$482
5345
% CHANGE
25.41%6.12%
-18.87%2.22%
WEST LA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
14
The Market Report :: Q3 2015 deasypenner.com
# OF SALES
13
39
14
72
105
7
67
45
362
NEIGHBORHOOD
Malibu Beach
Malibu
Marina Del Rey
Pacific Palisades
Palms - Mar Vista
Playa Vista
Santa Monica
Venice
TOTAL/AVERAGE
AVG. SALE PRICE
$7,525,000
$2,525,000
$1,425,500
$2,923,000
$1,225,000
$1,450,000
$1,950,000
$1,760,000
$2,597,938
PRICE / SQ. FT.
$2,095
$840
$877
$1,042
$750
$574
$1,153
$1,169
$1,062
NEIGHBORHOOD FOCUS Q3 2015 SINGLE FAMILY HOMES
westside la area
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
15
The Market Report :: Q3 2015 deasypenner.com
westside la area
PROPERTIES SOLDQ3 2015 — Q3 2014 SINGLE FAMILY HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
16
15
30
0
45
60
75
90
105
Malibu Beach
Palms Mar Vista
Marina Del Rey
Santa Monica
Malibu Playa Vista
Pacific Palisades
Venice
2015 2014 % Change
-13%+75%
-22%
-23%+11%
+75%
-14%
-6%
The Market Report :: Q3 2015 deasypenner.com
# OF SALES
8
17
79
23
39
24
133
10
333
NEIGHBORHOOD
Malibu Beach
Malibu
Marina Del Rey
Pacific Palisades
Palms - Mar Vista
Playa Vista
Santa Monica
Venice
TOTAL/AVERAGE
AVG. SALE PRICE
$1,287,500
$720,000
$861,000
$995,000
$525,000
$787,500
$983,000
$1,533,500
$961,563
PRICE / SQ. FT.
$1,078
$575
$610
$627
$486
$541
$843
$761
$690
NEIGHBORHOOD FOCUS Q3 2015 CONDOMINIUM HOMES
westside la area
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
17
The Market Report :: Q3 2015 deasypenner.com
westside la area
PROPERTIES SOLDQ3 2015 — Q3 2014 CONDOMINIUM HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
18
15
30
0
45
60
75
90
105
Malibu Beach
Palms Mar Vista
Marina Del Rey
Santa Monica
Malibu Playa Vista
Pacific Palisades
Venice
2015 2014 % Change
+60%
-14%
+31%
0%
+3% -38%
-4%
0%
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: WESTSIDE AREA
Q3 2015
$7,525,000$2,095
13136
Q3 2014
$7,200,000$2,579
15149
% CHANGE
4.51%-18.78%-13.33%-8.72%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$1,287,500$1,078
8133
Q3 2014
$825,000$963
5112
% CHANGE
56.06%11.94%60.00%18.75%
MALIBU BEACH SFR CONDO
Q3 2015
$1,425,500$877
1431
Q3 2014
$1,557,500$707
870
% CHANGE
-8.48%24.18%75.00%
-55.71%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$861,000$610
7970
Q3 2014
$751,000$575
9282
% CHANGE
14.65%6.12%
-14.13%-14.63%
MARINA DEL REY SFR CONDO
Q3 2015
$2,525,000$840
3992
Q3 2014
$2,362,500$877
50140
% CHANGE
6.88%-4.25%
-22.00%-34.29%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$720,000$575
1789
Q3 2014
$825,000$529
1371
% CHANGE
-12.73%8.73%
30.77%25.35%
MALIBU SFR CONDO
Q3 2015
$2,923,000$1,042
7259
Q3 2014
$2,540,000$979
9467
% CHANGE
15.08%6.40%
-23.40%-11.94%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$995,000$627
2339
Q3 2014
$860,000$517
2359
% CHANGE
15.70%21.22%
0.00%-33.90%
PACIFIC PALISADES SFR CONDO
Q3 2015
$1,225,000$750
10545
Q3 2014
$950,000$689
9546
% CHANGE
28.95%8.73%
10.53%-2.17%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$525,000$486
3962
Q3 2014
$537,500$456
3851
% CHANGE
-2.33%6.63%2.63%
21.57%
PALMS :: MAR VISTA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
19
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: WESTSIDE AREA
Q3 2015
$1,450,000$574
779
Q2 2014
$1,187,500$499
445
% CHANGE
22.11%14.93%75.00%75.56%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$787,500$541
2440
Q2 2014
$730,000$473
3953
% CHANGE
7.88%14.41%
-38.46%-24.53%
PLAYA VISTA SFR CONDO
Q3 2015
$1,760,000$1,169
4564
Q2 2014
$1,630,830$1,120
4853
% CHANGE
7.92%4.33%
-6.25%20.75%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$1,533,500$761
1073
Q2 2014
$1,172,500$746
1065
% CHANGE
30.79%2.05%0.00%
12.31%
VENICE SFR CONDO
Q3 2015
$1,950,000$1,153
6738
Q2 2014
$1,877,500$1,006
7857
% CHANGE
3.86%14.58%
-14.10%-33.33%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$983,000$843
13354
Q2 2014
$975,000$883
13853
% CHANGE
0.82%-4.51%-3.62%1.89%
SANTA MONICA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
20
The Market Report :: Q3 2015 deasypenner.com
pasadena + san gabriel valley area
# OF SALES
70
120
110
3
64
116
98
118
77
81
39
124
58
56
36
65
88
28
32
43
121
1,547
NEIGHBORHOOD
Alhambra
Arcadia
Altadena
Bradbury
Eagle Rock
Glendora
Highland Park
La Crescenta / Glendale
La Cañada Flintridge
Monrovia
Mount Washington
Pasadena NE
Pasadena NW
Pasadena SE
Pasadena SW
Rosemead / South San Gabriel
San Gabriel
San Marino
Sierra Madre
South Pasadena
Sunland / Tujunga
TOTAL/AVERAGE
AVG. SALE PRICE
$594,500
$1,220,000
$695,500
$2,150,000
$705,966
$525,000
$626,550
$772,000
$1,438,000
$650,500
$700,000
$734,500
$729,500
$871,000
$1,305,000
$513,000
$714,000
$2,184,000
$962,500
$1,300,000
$500,000
$947,215
PRICE / SQ. FT.
$464
$547
$455
$524
$474
$341
$500
$476
$614
$421
$545
$469
$503
$540
$589
$385
$453
$795
$524
$647
$360
$506
NEIGHBORHOOD FOCUS Q3 2015 SINGLE FAMILY HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
21
The Market Report :: Q3 2015 deasypenner.com
pasadena + san gabriel valley area
MEDIAN PRICE + AVERAGE DAYS ON MARKET Q3 2015 SINGLE FAMILY HOMES
Eagl
e Ro
ck
Rose
mea
d / S
outh
San
Gab
riel
Arca
dia
Alta
dena
Mou
nt W
ashi
ngto
n
Mon
rovi
a
High
land
Par
k
San
Mar
ino
Alha
mbr
a
Gle
ndor
a
San
Gab
riel
Brad
bury
Pasa
dena
NE
Pasa
dena
NW
Pasa
dena
SE
Pasa
dena
SW
La C
resc
enta
/ G
lend
ale
La C
añad
a Fl
intri
dge
Sier
ra M
adre
Sunl
and
/ Tuj
unga
Sout
h Pa
sade
na
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
22
$250K 20
$500K 40
$1M 60
$1.5M 80
$2M 100
$2.5M 110
Median Price Avg DOM
The Market Report :: Q3 2015 deasypenner.com
pasadena + san gabriel valley area
# OF SALES
54
38
NA
NA
1
22
7
19
1
24
NA
19
9
121
33
12
16
NA
NA
20
23
419
NEIGHBORHOOD
Alhambra
Arcadia
Altadena
Bradbury
Eagle Rock
Glendora
Highland Park
La Crescenta / Glendale
La Cañada Flintridge
Monrovia
Mount Washington
Pasadena NE
Pasadena NW
Pasadena SE
Pasadena SW
Rosemead / South San Gabriel
San Gabriel
San Marino
Sierra Madre
South Pasadena
Sunland / Tujunga
TOTAL/AVERAGE
AVG. SALE PRICE
$426,000
$647,500
NA
NA
$395,000
$406,000
$290,000
$525,000
$645,000
$416,500
NA
$425,000
$385,000
$500,000
$675,000
$402,000
$466,000
NA
NA
$547,500
$370,000
$470,094
PRICE / SQ. FT.
$351
$399
NA
NA
$411
$282
$364
$377
$384
$326
NA
$385
$362
$457
$470
$277
$332
NA
NA
$473
$287
$371
NEIGHBORHOOD FOCUS Q3 2015 CONDOMINIUM HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
23
The Market Report :: Q3 2015 deasypenner.com
pasadena + san gabriel valley area
MEDIAN PRICE + AVERAGE DAYS ON MARKET Q3 2015 CONDOMINIUM HOMES
Eagl
e Ro
ck
Rose
mea
d / S
outh
San
Gab
riel
Arca
dia
Alta
dena
Mou
nt W
ashi
ngto
n
Mon
rovi
a
High
land
Par
k
San
Mar
ino
Alha
mbr
a
Gle
ndor
a
San
Gab
riel
Brad
bury
Pasa
dena
NE
Pasa
dena
NW
Pasa
dena
SE
Pasa
dena
SW
La C
resc
enta
/ G
lend
ale
La C
añad
a Fl
intri
dge
Sier
ra M
adre
Sunl
and
/ Tuj
unga
Sout
h Pa
sade
na
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
24
$150K 20
$300K 40
$450K 60
$600K 80
$750K 100
$900K 110
Median Price Avg DOM
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
Q3 2015
$594,500$464
7039
Q3 2014
$529,275$407
6543
% CHANGE
12.32%13.95%
7.69%-9.30%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$426,000$351
5447
Q3 2014
$429,000$328
3859
% CHANGE
-0.70%7.25%
42.11%-20.34%
ALHAMBRA SFR CONDO
Q3 2015
$695,500$455
11051
Q3 2014
$595,000$414103
50
% CHANGE
16.89%9.90%6.80%2.00%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$303,750$315
420
Q3 2014
NANANANA
% CHANGE
NANANANA
ALTADENA SFR CONDO
Q3 2015
$1,220,000$547
12060
Q3 2014
$1,360,000$620113
48
% CHANGE
-10.29%-11.76%
6.19%25.00%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$647,500$399
3860
Q3 2014
$618,400$383
4436
% CHANGE
4.71%4.21%
-13.64%66.67%
ARCADIA SFR CONDO
Q3 2015
$2,150,500$524
3107
Q3 2014
$1,150,000$465
316
% CHANGE
86.96%12.72%
0.00%568.75%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
NANANANA
Q3 2014
NANANANA
% CHANGE
NANANANA
BRADBURY SFR CONDO
Q3 2015
$705,966$474
6442
Q3 2014
$680,000$472
5844
% CHANGE
3.82%0.42%
10.34%-4.55%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$395,000$411
132
Q3 2014
$185,000$367
123
% CHANGE
113.51%12.10%
0.00%39.13%
EAGLE ROCK SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
25
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
Q3 2015
$525,000$341
11654
Q3 2014
$505,000$340111
54
% CHANGE
3.96%0.04%4.50%0.00%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$406,000$282
2253
Q3 2014
$397,500$272
2681
% CHANGE
2.14%3.72%
-15.38%-34.57%
GLENDORA SFR CONDO
Q3 2015
$772,000$476
11846
Q3 2014
$719,000$440119
48
% CHANGE
7.37%8.28%
-0.84%-4.17%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$525,000$377
1950
Q3 2014
$494,000$324
1539
% CHANGE
6.28%16.39%26.67%28.21%
LA CRESCENTA :: GLENDALE SFR CONDO
Q3 2015
$626,550$500
9841
Q3 2014
$534,500$464101
37
% CHANGE
17.22%7.85%
-2.97%10.81%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$290,000$364
739
Q3 2014
$255,000$332
740
% CHANGE
13.73%9.63%0.00%
-2.50%
HIIGHLAND PARK SFR CONDO
Q3 2015
$1,438,000$614
7750
Q3 2014
$1,285,000$552
7948
% CHANGE
11.91%11.31%-2.53%4.17%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$645,000$384
153
Q3 2014
$475,000$372
128
% CHANGE
35.79%3.22%0.00%
89.29%
LA CAÑADA FLINTRIDGE SFR CONDO
Q3 2015
$650,500$421
8153
Q3 2014
$630,000$408
8254
% CHANGE
3.25%3.11%
-1.22%-1.85%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$416,500$326
2458
Q3 2014
$406,500$347
1434
% CHANGE
2.46%-6.07%71.43%70.59%
MONROVIA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
26
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
Q3 2015
$700,000$545
3952
Q3 2014
$650,000$445
3949
% CHANGE
7.69%22.34%
0.00%6.12%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
NANANANA
Q3 2014
NANANANA
% CHANGE
NANANANA
MOUNT WASHINGTON SFR CONDO
Q3 2015
$729,500$503
5858
Q3 2014
$590,000$431
4768
% CHANGE
23.64%16.71%23.40%
-14.71%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$385,000$362
951
Q3 2014
$530,000$399
1445
% CHANGE
-27.36%-9.33%
-35.71%13.33%
PASADENA NW SFR CONDO
Q3 2015
$734,500$469
12444
Q3 2014
$713,500$459134
49
% CHANGE
2.94%2.18%
-7.46%-10.20%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$425,000$385
1954
Q3 2014
$405,000$363
2752
% CHANGE
4.94%5.92%
-29.63%3.85%
PASADENA NE SFR CONDO
Q3 2015
$871,000$540
5668
Q3 2014
$923,800$554
6748
% CHANGE
-5.72%-2.65%
-16.42%54.55%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$500,000$457121
61
Q3 2014
$491,000$455
10261
% CHANGE
1.83%0.44%
19.80%0.00%
PASADENA SE SFR CONDO
Q3 2015
$1,305,000$589
3646
Q3 2014
$1,100,000$581
3350
% CHANGE
18.64%1.52%9.09%
-8.00%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$675,000$470
3361
Q3 2014
$695,000$494
4254
% CHANGE
-2.88%-4.67%
-21.43%12.96%
PASADENA SW SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
27
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
Q3 2015
$513,000$385
6563
Q3 2014
$470,000$389
4138
% CHANGE
9.15%-0.82%58.54%65.79%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$402,000$277
1247
Q3 2014
$396,500$274
631
% CHANGE
1.39%0.81%
100.00%51.61%
ROSEMEAD :: S. SAN GABRIEL SFR CONDO
Q3 2015
$2,184,000$795
2854
Q3 2014
$2,358,000$916
3734
% CHANGE
-7.38%-13.25%-24.32%58.82%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
NANANANA
Q3 2014
NANANANA
% CHANGE
NANANANA
SAN MARINO SFR CONDO
Q3 2015
$714,000$453
8848
Q3 2014
$689,000$448
7840
% CHANGE
3.63%1.21%
12.82%20.00%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$466,000$332
1651
Q3 2014
$392,000$338
941
% CHANGE
18.88%-1.68%77.78%24.39%
SAN GABRIEL SFR CONDO
Q3 2015
$962,500$524
3248
Q3 2014
$876,250$485
4055
% CHANGE
9.84%8.05%
-20.00%-12.73%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
NANANANA
Q3 2014
NANANANA
% CHANGE
NANANANA
SIERRA MADRE SFR CONDO
Q3 2015
$1,300,000$647
4336
Q3 2014
$1,135,000$628
3329
% CHANGE
14.54%3.11%
30.30%24.14%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$547,500$473
2051
Q3 2014
$502,500$415
1238
% CHANGE
8.96%13.85%66.67%34.21%
S. PASADENA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
28
The Market Report :: Q3 2015 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
Q3 2015
$500,000$360
12150
Q3 2014
$457,500$330108
55
% CHANGE
9.29%8.97%
12.04%-9.09%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q3 2015
$370,000$287
2355
Q3 2014
$298,294$257
1867
% CHANGE
24.04%11.92%27.78%
-17.91%
SUNLAND :: TUJUNGA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
29
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deasy/penner&partners is available to assist you with all your residential real estate needs. Should you be thinking about selling a property - or should you be in the market for a home or condominium, please contact us.
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