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 ReportJanuary 2015

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

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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

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17

18

19

20

21

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24

25

26

27

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Bel Air-Holmby Hills

Jan. 2014 Jan. 2015 %Change

Median Price $2,350,000 $2,950,000 26%

Properties Sold 11 15 36%

Sales Volume $54,455,000 $65,542,500 20%

Properties Pending Sale 7 15 114%

Properties For Sale 101 95 -6%

Average Days on Market 231 123 -47%

Months Supply of Inventory 12 4 -67%

Percent Under Contract 6.9% 15.8% 128%

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

Jan. 2014 Jan. 2015 %Change

Median Price $1,240,000 $1,265,000 2%

Properties Sold 12 8 -33%

Sales Volume $17,264,001 $10,982,000 -36%

Properties Pending Sale 15 14 -7%

Properties For Sale 62 61 -2%

Average Days on Market 32 49 53%

Months Supply of Inventory 3 3 0%

Percent Under Contract 24.2% 23.0% -5%

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

Jan. 2014 Jan. 2015 %Change

Median Price $5,198,500 $5,900,000 13%

Properties Sold 12 12 0%

Sales Volume $69,447,000 $69,134,025 0%

Properties Pending Sale 9 10 11%

Properties For Sale 104 80 -23%

Average Days on Market 38 77 103%

Months Supply of Inventory 10 6 -40%

Percent Under Contract 8.7% 12.5% 44%

*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.

Jan. 2014 Jan. 2015 %Change

Median Price $2,150,000 $2,950,000 37%

Properties Sold 11 5 -55%

Sales Volume $23,990,000 $13,689,500 -43%

Properties Pending Sale 15 12 -20%

Properties For Sale 131 113 -14%

Average Days on Market 59 112 90%

Months Supply of Inventory 7 7 0%

Percent Under Contract 11.5% 10.6% -7%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $910,000 $977,000 7%

Properties Sold 10 11 10%

Sales Volume $9,945,000 $10,876,000 9%

Properties Pending Sale 19 16 -16%

Properties For Sale 66 33 -50%

Average Days on Market 43 48 12%

Months Supply of Inventory 2 1 -50%

Percent Under Contract 28.8% 48.5% 68%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $2,190,000 $2,701,000 23%

Properties Sold 11 9 -18%

Sales Volume $32,168,530 $28,076,000 -13%

Properties Pending Sale 12 9 -25%

Properties For Sale 86 74 -14%

Average Days on Market 65 44 -32%

Months Supply of Inventory 5 6 20%

Percent Under Contract 14.0% 12.2% -13%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $1,800,000 $1,400,000 -22%

Properties Sold 3 7 133%

Sales Volume $5,415,000 $8,861,500 64%

Properties Pending Sale 3 1 -67%

Properties For Sale 11 13 18%

Average Days on Market 33 75 127%

Months Supply of Inventory 2 10 400%

Percent Under Contract 27.3% 7.7% -72%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $700,500 $1,092,750 56%

Properties Sold 10 8 -20%

Sales Volume $6,320,500 $8,143,500 29%

Properties Pending Sale 11 18 64%

Properties For Sale 31 41 32%

Average Days on Market 49 44 -10%

Months Supply of Inventory 2 1 -50%

Percent Under Contract 35.5% 43.9% 24%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $1,375,000 $1,737,500 26%

Properties Sold 15 20 33%

Sales Volume $25,734,700 $44,337,888 72%

Properties Pending Sale 21 20 -5%

Properties For Sale 95 80 -16%

Average Days on Market 69 44 -36%

Months Supply of Inventory 3 3 0%

Percent Under Contract 22.1% 25.0% 13%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $285,000 $1,080,000 279%

Properties Sold 1 3 200%

Sales Volume $0 $3,435,000

Properties Pending Sale 3 4 33%

Properties For Sale 20 17 -15%

Average Days on Market 48 70 46%

Months Supply of Inventory 5 2 -60%

Percent Under Contract 15.0% 23.5% 57%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $1,460,000 $1,150,000 -21%

Properties Sold 9 7 -22%

Sales Volume $13,986,000 $7,776,095 -44%

Properties Pending Sale 5 14 180%

Properties For Sale 56 46 -18%

Average Days on Market 43 104 142%

Months Supply of Inventory 9 2 -78%

Percent Under Contract 8.9% 30.4% 241%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $972,000 $1,617,500 66%

Properties Sold 14 16 14%

Sales Volume $19,981,572 $27,929,000 40%

Properties Pending Sale 16 12 -25%

Properties For Sale 70 53 -24%

Average Days on Market 49 60 22%

Months Supply of Inventory 3 3 0%

Percent Under Contract 22.9% 22.6% -1%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $2,225,000 $2,000,000 -10%

Properties Sold 7 11 57%

Sales Volume $24,804,000 $29,147,000 18%

Properties Pending Sale 11 12 9%

Properties For Sale 184 153 -17%

Average Days on Market 157 138 -12%

Months Supply of Inventory 14 10 -29%

Percent Under Contract 6.0% 7.8% 31%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $4,716,250 $4,725,000 0%

Properties Sold 2 2 0%

Sales Volume $9,432,500 $9,450,000 0%

Properties Pending Sale 5 1 -80%

Properties For Sale 67 60 -10%

Average Days on Market 254 247 -3%

Months Supply of Inventory 11 47 327%

Percent Under Contract 7.5% 1.7% -78%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $2,050,000 $1,899,750 -7%

Properties Sold 1 4 300%

Sales Volume $2,050,000 $7,738,500 277%

Properties Pending Sale 6 4 -33%

Properties For Sale 26 15 -42%

Average Days on Market 59 14 -76%

Months Supply of Inventory 3 3 0%

Percent Under Contract 23.1% 26.7% 16%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $440,000 $520,000 18%

Properties Sold 12 10 -17%

Sales Volume $4,409,500 $5,295,562 20%

Properties Pending Sale 14 16 14%

Properties For Sale 76 64 -16%

Average Days on Market 75 29 -61%

Months Supply of Inventory 4 3 -25%

Percent Under Contract 18.4% 25.0% 36%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $545,000 $570,000 5%

Properties Sold 1 5 400%

Sales Volume $545,000 $2,275,000 317%

Properties Pending Sale 0 4

Properties For Sale 13 18 38%

Average Days on Market na 58

Months Supply of Inventory na 3

Percent Under Contract 0.0% 22.2%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $2,492,000 $2,120,000 -15%

Properties Sold 14 13 -7%

Sales Volume $34,933,000 $30,723,811 -12%

Properties Pending Sale 24 20 -17%

Properties For Sale 110 99 -10%

Average Days on Market 71 73 3%

Months Supply of Inventory 3 3 0%

Percent Under Contract 21.8% 20.2% -7%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $775,000 $962,500 24%

Properties Sold 18 14 -22%

Sales Volume $17,133,727 $16,797,000 -2%

Properties Pending Sale 19 16 -16%

Properties For Sale 62 53 -15%

Average Days on Market 17 40 135%

Months Supply of Inventory 2 2 0%

Percent Under Contract 30.6% 30.2% -1%

*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

Jan. 2014 Jan. 2015 %Change

Median Price na $1,795,000

Properties Sold na 1

Sales Volume n/a $1,795,000

Properties Pending Sale na 1

Properties For Sale 8 5 -38%

Average Days on Market na 10

Months Supply of Inventory na 2

Percent Under Contract 20.0%

*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 o R E . c om

Jan. 2014 Jan. 2015 %Change

Median Price $1,488,000 $2,332,500 57%

Properties Sold 7 12 71%

Sales Volume $13,561,715 $31,880,000 135%

Properties Pending Sale 15 10 -33%

Properties For Sale 68 49 -28%

Average Days on Market 63 46 -27%

Months Supply of Inventory 3 3 0%

Percent Under Contract 22.1% 20.4% -7%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $829,000 $777,500 -6%

Properties Sold 11 16 45%

Sales Volume $9,102,125 $11,230,967 23%

Properties Pending Sale 19 18 -5%

Properties For Sale 63 72 14%

Average Days on Market 45 43 -4%

Months Supply of Inventory 2 3 50%

Percent Under Contract 30.2% 25.0% -17%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $1,290,000 $1,343,750 4%

Properties Sold 26 30 15%

Sales Volume $38,857,075 $102,133,092 163%

Properties Pending Sale 34 33 -3%

Properties For Sale 256 221 -14%

Average Days on Market 70 68 -3%

Months Supply of Inventory 6 5 -17%

Percent Under Contract 13.3% 14.9% 12%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $1,270,000 $1,223,138 -4%

Properties Sold 14 8 -43%

Sales Volume $19,517,000 $11,530,983 -41%

Properties Pending Sale 9 12 33%

Properties For Sale 54 61 13%

Average Days on Market 37 48 30%

Months Supply of Inventory 4 3 -25%

Percent Under Contract 16.7% 19.7% 18%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $1,077,884 $2,470,000 129%

Properties Sold 17 7 -59%

Sales Volume $25,503,985 $17,005,000 -33%

Properties Pending Sale 7 7 0%

Properties For Sale 41 44 7%

Average Days on Market 43 85 98%

Months Supply of Inventory 5 4 -20%

Percent Under Contract 17.1% 15.9% -7%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $805,000 $895,000 11%

Properties Sold 4 9 125%

Sales Volume $3,180,000 $9,137,110 187%

Properties Pending Sale 8 0 -100%

Properties For Sale 18 15 -17%

Average Days on Market 30 29 -3%

Months Supply of Inventory 1 na

Percent Under Contract 44.4% 0.0% -100%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $1,425,000 $1,863,250 31%

Properties Sold 9 4 -56%

Sales Volume $15,765,750 $9,996,500 -37%

Properties Pending Sale 6 10 67%

Properties For Sale 31 37 19%

Average Days on Market 87 23 -74%

Months Supply of Inventory 4 2 -50%

Percent Under Contract 19.4% 27.0% 40%

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

RODEO REALTY MARKETING DEPARTMENT