Los Angeles - Westside

RodeoRE.com

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.

Local Market ReportFebruary 2015

Bel Air - Holmby Hills

Beverly Center - Miracle Mile

Beverly Hills

Beverly Hills P.O.

Beverlywood

Brentwood

Cheviot Hills - Rancho Park

Culver City

Hollywood

Hollywood Hills East

Los Feliz

Malibu

Malibu Beach

Table of Contents

Rodeo RealtyR o d e o R E . c om

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Marina del Rey

Mid Los Angeles

Mid Wilshire

Pacific Palisades

Playa Vista

Santa Monica

Silverlake - Echo Park

Sunset Strip - Hollywood Hills West

Venice

West Hollywood

West Los Angeles

Westwood - Century City

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Bel Air-Holmby Hills

Feb. 2014 Feb. 2015 %Change

Median Price $808,000 $1,300,000 61%

Properties Sold 2 n/a

Sales Volume $6,862,000 0 -100%

Average Sale Price $3,431,000 n/a

Properties For Sale 7 1 -86%

Average Days on Market 91 n/a

Months Supply of Inventory 7.00 n/a

Average List Price $1,916,000 $1,525,000 -20%

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

Feb. 2014 Feb. 2015 %Change

Median Price $1,401,250 $1,354,500 -3%

Properties Sold 12 12 0%

Sales Volume $21,608,500 $16,704,000 -23%

Average Sale Price $1,800,708 $1,392,000 -23%

Properties For Sale 49 44 -10%

Average Days on Market 36 41 14%

Months Supply of Inventory 4.08 3.67 -10%

Average List Price $1,518,413 $1,713,118 13%

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

Feb. 2014 Feb. 2015 %Change

Median Price $5,600,000 $3,955,000 -29%

Properties Sold 10 8 -20%

Sales Volume $83,327,000 $59,940,260 -28%

Average Sale Price $8,332,700 $7,492,533 -10%

Properties For Sale 71 67 -6%

Average Days on Market 57 66 16%

Months Supply of Inventory 7.10 8.38 18%

Average List Price $6,820,260 $11,411,066 67%

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

Rodeo RealtyR o d e o R E . c om

Beverly Hills P.O.

Feb. 2014 Feb. 2015 %Change

Median Price $2,162,500 $2,000,000 -8%

Properties Sold 10 9 -10%

Sales Volume $25,453,000 $26,065,500 2%

Average Sale Price $2,545,300 $2,896,167 14%

Properties For Sale 107 99 -7%

Average Days on Market 72 154 114%

Months Supply of Inventory 10.70 11.00 3%

Average List Price $4,217,727 $6,424,100 52%

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

Rodeo RealtyR o d e o R E . c om

Beverlywood

Rodeo RealtyR o d e o R E . c om

Feb. 2014 Feb. 2015 %Change

Median Price $745,000 $748,000 0%

Properties Sold 11 10 -9%

Sales Volume $9,800,500 $9,253,500 -6%

Average Sale Price $890,955 $925,350 4%

Properties For Sale 57 36 -37%

Average Days on Market 25 78 212%

Months Supply of Inventory 5.18 3.60 -31%

Average List Price $1,014,257 $1,283,765 27%

*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

Feb. 2014 Feb. 2015 %Change

Median Price n/a $3,125,000

Properties Sold n/a 1

Sales Volume 0 $3,125,000

Average Sale Price n/a $3,125,000

Properties For Sale 3 n/a

Average Days on Market n/a 3

Months Supply of Inventory n/a n/a

Average List Price n/a n/a

*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

Feb. 2014 Feb. 2015 %Change

Median Price $2,295,000 n/a

Properties Sold 1 n/a

Sales Volume $2,295,000 0 -100%

Average Sale Price $2,295,000 n/a

Properties For Sale n/a n/a

Average Days on Market 201 n/a

Months Supply of Inventory n/a n/a

Average List Price n/a n/a

*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

Feb. 2014 Feb. 2015 %Change

Median Price $790,000 $779,000 -1%

Properties Sold 13 14 8%

Sales Volume $11,161,000 $12,638,500 13%

Average Sale Price $858,538 $902,750 5%

Properties For Sale 24 31 29%

Average Days on Market 54 51 -6%

Months Supply of Inventory 1.85 2.21 19%

Average List Price $973,794 $1,019,333 5%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $1,160,000 $905,000 -22%

Properties Sold 1 1 0%

Sales Volume $1,160,000 $905,000 -22%

Average Sale Price $1,160,000 $905,000 -22%

Properties For Sale 3 7 133%

Average Days on Market 120 11 -91%

Months Supply of Inventory 3.00 7.00 133%

Average List Price $875,000 $698,905 -20%

*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

Feb. 2014 Feb. 2015 %Change

Median Price n/a $1,685,000

Properties Sold 0 1

Sales Volume $0 $1,685,000

Average Sale Price n/a $1,685,000

Properties For Sale 3 3 0%

Average Days on Market n/a 107

Months Supply of Inventory n/a 3.00

Average List Price $1,450,000 n/a

*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

Feb. 2014 Feb. 2015 %Change

Median Price n/a $2,400,000

Properties Sold 0 1

Sales Volume $0 $2,400,000

Average Sale Price n/a $2,400,000

Properties For Sale 3 2 -33%

Average Days on Market n/a 2

Months Supply of Inventory n/a 2.00

Average List Price $2,629,500 $1,716,333 -35%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $2,450,000 $2,055,000 -16%

Properties Sold 20 13 -35%

Sales Volume $79,653,918 $37,040,125 -53%

Average Sale Price $3,982,696 $2,849,240 -28%

Properties For Sale 225 195 -13%

Average Days on Market 133 195 47%

Months Supply of Inventory 11.25 15.00 33%

Average List Price $5,062,026 $4,850,895 -4%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $6,662,500 $4,877,500 -27%

Properties Sold 4 2 -50%

Sales Volume $35,575,000 $9,755,000 -73%

Average Sale Price $8,893,750 $4,877,500 -45%

Properties For Sale 58 48 -17%

Average Days on Market 177 150 -15%

Months Supply of Inventory 14.50 24.00 66%

Average List Price $6,476,500 $8,620,000 33%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $2,089,000 $2,768,578 33%

Properties Sold 5 4 -20%

Sales Volume $11,378,000 $11,337,156 0%

Average Sale Price $2,275,600 $2,834,289 25%

Properties For Sale 14 5 -64%

Average Days on Market 78 79 1%

Months Supply of Inventory 2.80 1.25 -55%

Average List Price $2,719,167 $2,395,000 -12%

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

Mid Los Angeles

Rodeo RealtyR o d e o R E . c om

Feb. 2014 Feb. 2015 %Change

Median Price $464,000 $423,000 -9%

Properties Sold 26 25 -4%

Sales Volume $13,322,604 $12,339,828 -7%

Average Sale Price $512,408 $493,593 -4%

Properties For Sale 106 93 -12%

Average Days on Market 78 63 -19%

Months Supply of Inventory 4.08 3.72 -9%

Average List Price $439,881 $594,708 35%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $476,000 $443,000 -7%

Properties Sold 1 3 200%

Sales Volume $476,000 $1,668,000 250%

Average Sale Price $476,000 $556,000 17%

Properties For Sale 21 13 -38%

Average Days on Market 28 35 25%

Months Supply of Inventory 21.00 4.33 -79%

Average List Price $899,500 $513,800 -43%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $2,810,000 $2,912,000 4%

Properties Sold 19 18 -5%

Sales Volume $64,102,836 $54,007,438 -16%

Average Sale Price $3,373,833 $3,000,413 -11%

Properties For Sale 93 85 -9%

Average Days on Market 54 81 50%

Months Supply of Inventory 4.89 4.72 -3%

Average List Price $3,680,000 $4,060,543 10%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $1,134,995 $1,682,450 48%

Properties Sold 1 2 100%

Sales Volume $1,134,995 $3,364,900 196%

Average Sale Price $1,134,995 $1,682,450 48%

Properties For Sale 4 4 0%

Average Days on Market 33 20 -39%

Months Supply of Inventory 4.00 2.00 -50%

Average List Price $1,250,000 $2,072,500 66%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $1,896,000 $3,149,399 66%

Properties Sold 13 10 -23%

Sales Volume $29,968,000 $31,399,797 5%

Average Sale Price $2,305,231 $3,139,980 36%

Properties For Sale 49 50 2%

Average Days on Market 79 53 -33%

Months Supply of Inventory 3.77 5.00 33%

Average List Price $3,229,217 $3,221,494 0%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $530,000 $780,000 47%

Properties Sold 1 1 0%

Sales Volume $530,000 $780,000 47%

Average Sale Price $530,000 $780,000 47%

Properties For Sale 4 10 150%

Average Days on Market 12 50 317%

Months Supply of Inventory 4.00 10.00 150%

Average List Price $629,000 $695,000 10%

*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

Feb. 2014 Feb. 2015 %Change

Median Price n/a $1,685,000

Properties Sold n/a 1

Sales Volume $0 $1,685,000

Average Sale Price n/a $1,685,000

Properties For Sale 2 2 0%

Average Days on Market n/a 107

Months Supply of Inventory n/a 2.00

Average List Price $1,450,000 n/a

*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

Feb. 2014 Feb. 2015 %Change

Median Price $1,462,500 $1,750,000 20%

Properties Sold 8 8 0%

Sales Volume $14,135,000 $14,277,000 1%

Average Sale Price $1,766,875 $1,784,625 1%

Properties For Sale 54 55 2%

Average Days on Market 86 53 -38%

Months Supply of Inventory 6.75 6.88 2%

Average List Price $1,751,036 $2,017,281 15%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $1,000,000 $1,360,000 36%

Properties Sold 1 7 600%

Sales Volume $1,000,000 $11,498,375 1050%

Average Sale Price $1,000,000 $1,642,625 64%

Properties For Sale 22 22 0%

Average Days on Market 105 95 -10%

Months Supply of Inventory 22.00 3.14 -86%

Average List Price $1,484,613 $1,526,690 3%

*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

Feb. 2014 Feb. 2015 %Change

Median Price n/a $600,000

Properties Sold n/a 1

Sales Volume $0 $600,000

Average Sale Price n/a $600,000

Properties For Sale 4 7 75%

Average Days on Market n/a 84

Months Supply of Inventory n/a 7.00

Average List Price $534,000 $683,780 28%

*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

Feb. 2014 Feb. 2015 %Change

Median Price $1,555,000 $61,050 -96%

Properties Sold 1 1 0%

Sales Volume $1,555,000 $61,050 -96%

Average Sale Price $1,555,000 $61,050 -96%

Properties For Sale n/a n/a

Average Days on Market 53 7 -87%

Months Supply of Inventory n/a n/a

Average List Price n/a n/a

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

RODEO REALTY MARKETING DEPARTMENT