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

June 2012 June 2013 %Change

Median Price $2,075,000 $2,500,000 20

Properties Sold 10 17 70

Sales Volume $32,241,000 $60,907,500 89

Properties Pending Sale 8 14 75

Properties For Sale 144 118 -18

Average Days on Market 125 103 -18

Month’s Supply of Inventory 15 6 -60

Percent Under Contract 5.6 11.9 114

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

June 2012 June 2013 %Change

Median Price $830,000 $1,075,000 30

Properties Sold 13 23 77

Sales Volume $12,501,950 $27,427,607 119

Properties Pending Sale 16 19 19

Properties For Sale 95 61 -36

Average Days on Market 50 63 26

Month’s Supply of Inventory 4 2 -50

Percent Under Contract 16.8 31.1 85

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

June 2012 June 2013 %Change

Median Price $3,650,000 $3,240,000 -11

Properties Sold 17 13 -24

Sales Volume $84,559,599 $44,239,152 -48

Properties Pending Sale 11 14 27

Properties For Sale 153 109 -29

Average Days on Market 72 66 -8

Month’s Supply of Inventory 11 6 -45

Percent Under Contract 7.2 12.8 79

*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

June 2012 June 2013 %Change

Median Price $1,825,000 $1,400,000 -23

Properties Sold 13 13 0

Sales Volume $29,858,000 $35,187,000 18

Properties Pending Sale 14 16 14

Properties For Sale 150 122 -19

Average Days on Market 81 45 -44

Month’s Supply of Inventory 9 6 -33

Percent Under Contract 9.3 13.1 41

*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

June 2012 June 2013 %Change

Median Price $730,000 $776,000 6

Properties Sold 12 26 117

Sales Volume $8,800,000 $21,874,550 149

Properties Pending Sale 19 15 -21

Properties For Sale 75 56 -25

Average Days on Market 41 51 24

Month’s Supply of Inventory 3 2 -33

Percent Under Contract 25.3 26.8 6

*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 $1,650,000 $2,415,000 46

Properties Sold 28 28 0

Sales Volume $56,987,000 $77,273,359 38

Properties Pending Sale 30 23 -23

Properties For Sale 149 106 -29

Average Days on Market 76 32 -58

Month’s Supply of Inventory 4 3 -25

Percent Under Contract 20.1 21.7 8

*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

June 2012 June 2013 %Change

Median Price $1,375,000 $1,487,500 8

Properties Sold 9 15 67

Sales Volume $13,972,000 $22,592,790 62

Properties Pending Sale 6 9 50

Properties For Sale 30 28 -7

Average Days on Market 49 26 -47

Month’s Supply of Inventory 4 2 -50

Percent Under Contract 20.0 32.1 61

*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

June 2012 June 2013 %Change

Median Price $720,000 $778,500 8

Properties Sold 21 20 -5

Sales Volume $12,530,500 $11,980,500 -4

Properties Pending Sale 18 28 56

Properties For Sale 70 65 -7

Average Days on Market 34 34 0

Month’s Supply of Inventory 3 1 -67

Percent Under Contract 25.7 43.1 68

*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

June 2012 June 2013 %Change

Median Price $914,000 $1,211,500 33

Properties Sold 20 29 45

Sales Volume $25,136,200 $38,849,200 55

Properties Pending Sale 19 32 68

Properties For Sale 138 117 -15

Average Days on Market 51 47 -8

Month’s Supply of Inventory 5 2 -60

Percent Under Contract 13.8 27.4 99

*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

June 2012 June 2013 %Change

Median Price $330,000 $552,500 67

Properties Sold 7 4 -43

Sales Volume $3,092,500 $1,937,000 -37

Properties Pending Sale 5 9 80

Properties For Sale 34 30 12

Average Days on Market 60 38 -37

Month’s Supply of Inventory 6 2 -67

Percent Under Contract 14.7 30.0 104

*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

June 2012 June 2013 %Change

Median Price $918,000 $1,017,500 11

Properties Sold 11 20 82

Sales Volume $12,272,500 $22,068,500 80

Properties Pending Sale 12 12 0

Properties For Sale 88 80 -9

Average Days on Market 33 16 -52

Month’s Supply of Inventory 6 5 -17

Percent Under Contract 13.6 15.0 10

*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

June 2012 June 2013 %Change

Median Price $780,000 $1,153,225 48

Properties Sold 17 28 65

Sales Volume $17,153,900 $30,951,400 78

Properties Pending Sale 19 33 74

Properties For Sale 104 110 6

Average Days on Market 56 43 -23

Month’s Supply of Inventory 4 2 -50

Percent Under Contract 18.3 30.0 64

*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

June 2012 June 2013 %Change

Median Price $1,600,000 $2,100,000 31

Properties Sold 17 19 12

Sales Volume $34,562,500 $54,323,300 57

Properties Pending Sale 16 23 44

Properties For Sale 251 226 -10

Average Days on Market 148 108 -27

Month’s Supply of Inventory 13 8 -38

Percent Under Contract 6.4 10.2 60

*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

June 2012 June 2013 %Change

Median Price $6,093,750 $3,940,000 -35

Properties Sold 7 4 -43

Sales Volume $38,518,750 $14,861,000 -61

Properties Pending Sale 4 3 -25

Properties For Sale 103 79 -23

Average Days on Market 41 48 17

Month’s Supply of Inventory 23 24 4

Percent Under Contract 3.9 3.8 -2

*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.

June 2012 June 2013 %Change

Median Price $518,800 $1,728,750 233

Properties Sold 1 2 100

Sales Volume $518,800 $3,457,500 566

Properties Pending Sale 9 3 -67

Properties For Sale 27 18 -33

Average Days on Market 48 43 -10

Month’s Supply of Inventory 1 4 300

Percent Under Contract 33.3 16.7 -50

Mid Los Angeles

Rodeo RealtyR o d e o R E . c om

June 2012 June 2013 %Change

Median Price $308,750 $395,000 28

Properties Sold 38 25 -34

Sales Volume $8,261,550 $8,819,200 7

Properties Pending Sale 31 24 -23

Properties For Sale 176 108 -39

Average Days on Market 91 38 -58

Month’s Supply of Inventory 4 3 -25

Percent Under Contract 17.6 22.2 26

*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

June 2012 June 2013 %Change

Median Price $425,000 $900,000 112

Properties Sold 9 1 -89

Sales Volume $2,247,500 $0 -100

Properties Pending Sale 7 2 -71

Properties For Sale 37 21 -43

Average Days on Market 69 24 65

Month’s Supply of Inventory 4 8 100

Percent Under Contract 18.9 9.5 -50

*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

June 2012 June 2013 %Change

Median Price $1,601,000 $1,982,500 24

Properties Sold 29 36 24

Sales Volume $63,092,900 $128,344,828 103

Properties Pending Sale 42 37 -12

Properties For Sale 182 141 -23

Average Days on Market 39 42 8

Month’s Supply of Inventory 3 3 0

Percent Under Contract 23.1 26.2 14

*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

June 2012 June 2013 %Change

Median Price $802,500 $808,000 1

Properties Sold 40 30 -25

Sales Volume $32,220,051 $26,914,585 -19

Properties Pending Sale 27 37 37

Properties For Sale 97 77 -21

Average Days on Market 35 21 -40

Month’s Supply of Inventory 2 1 -50

Percent Under Contract 27.8 48.1 73

*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

June 2012 June 2013 %Change

Median Price $1,385,000 $0 -100

Properties Sold 1 0 -100

Sales Volume $1,385,000 $0 -100

Properties Pending Sale 3 1 -67

Properties For Sale 5 6 20

Average Days on Market 76 25 -67

Month’s Supply of Inventory 0 5 N/A

Percent Under Contract 60.0 16.7 -72

*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

June 2012 June 2013 %Change

Median Price $1,825,000 $2,050,000 12

Properties Sold 25 24 -4

Sales Volume $47,462,117 $56,388,111 23

Properties Pending Sale 20 21 5

Properties For Sale 126 82 -35

Average Days on Market 44 31 -30

Month’s Supply of Inventory 5 3 -40

Percent Under Contract 15.9 25.6 61

*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

June 2012 June 2013 %Change

Median Price $650,000 $744,500 15

Properties Sold 35 32 -9

Sales Volume $19,070,150 $20,507,756 8

Properties Pending Sale 24 29 21

Properties For Sale 115 83 -28

Average Days on Market 62 46 -26

Month’s Supply of Inventory 3 2 -33

Percent Under Contract 20.9 34.9 67

*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

June 2012 June 2013 %Change

Median Price $1,705,000 $1,675,000 -2

Properties Sold 37 55 -49

Sales Volume $79,049,610 $100,406,989 27

Properties Pending Sale 39 41 5

Properties For Sale 323 249 -23

Average Days on Market 68 45 -34

Month’s Supply of Inventory 6 4 -33

Percent Under Contract 12.1 16.5 36

*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

June 2012 June 2013 %Change

Median Price $1,252,500 $1,400,000 12

Properties Sold 20 21 5

Sales Volume $24,031,500 $29,590,967 23

Properties Pending Sale 25 17 -32

Properties For Sale 105 72 -31

Average Days on Market 85 58 -32

Month’s Supply of Inventory 3 2 -33

Percent Under Contract 23.8 23.6 -1

*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

June 2012 June 2013 %Change

Median Price $1,112,310 $930,000 -16

Properties Sold 6 8 33

Sales Volume $7,407,620 $7,512,600 1

Properties Pending Sale 10 16 60

Properties For Sale 61 45 -26

Average Days on Market 62 16 -74

Month’s Supply of Inventory 4 2 -50

Percent Under Contract 16.4 35.6 117

*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

June 2012 June 2013 %Change

Median Price $530,000 $772,500 46

Properties Sold 7 6 -14

Sales Volume $3,856,700 $2,995,000 -22

Properties Pending Sale 10 5 -50

Properties For Sale 37 25 -32

Average Days on Market 56 22 -61

Month’s Supply of Inventory 2 4 100

Percent Under Contract 27.0 20.0 -26

*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

June 2012 June 2013 %Change

Median Price $1,350,000 $1,311,250 -3

Properties Sold 10 22 120

Sales Volume $14,247,400 $33,355,110 134

Properties Pending Sale 18 7 -61

Properties For Sale 78 46 -41

Average Days on Market 44 20 -55

Month’s Supply of Inventory 3 5 67

Percent Under Contract 23.1 15.2 -34

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

RODEO REALTY MARKETING DEPARTMENT