21
MARKET WITHIN MARKET REPORT BY VICTOR KAMINOFF APRIL 2012

MARKET WITHIN MARKET REPORT BY VICTOR KAMINOFF APRIL 2012

Embed Size (px)

DESCRIPTION

MARKET WITHIN MARKET REPORT BY VICTOR KAMINOFF APRIL 2012. BEL AIR – HOMBLY HILLS SFR. APR. 2011 APR. 2012 % CHANGE. -60.5% 77.5% 7.1% -29.4% -34.6% -8.7% -5.2% 8.0%. $1,060,000 $946 15.0 12.0 117.0 75.8 7.8 10.26%. - PowerPoint PPT Presentation

Citation preview

MARKET WITHIN MARKET REPORT BY VICTOR KAMINOFFAPRIL 2012

$2,686,194

$533

14.0

17.0

179.0

83.1

8.2

9.50%

$1,060,000

$946

15.0

12.0

117.0

75.8

7.8

10.26%

-60.5%

77.5%

7.1%

-29.4%

-34.6%

-8.7%

-5.2%

8.0%

BEL AIR – HOMBLY HILLS SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$980,000

$498

15.0

11.0

103.0

65.9

7.3

10.68%

$891,500

$430

18.0

15.0

69.0

56.4

2.9

21.74%

-9.0%

-13.7%

20.0%

36.4%

-33.0%

-14.4%

-59.7%

103.6%

BEVERLY CENTER – MIRACLE MILE SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$3,450,000

$1,015

15.0

13.0

154.0

84.0

9.7

8.44%

$4,675,000

$904

11.0

11.0

133.0

47.1

9.5

8.27%

35.5%

-10.9%

-26.7%

-15.4%

-13.6%

-43.9%

-1.5%

-2.0%

BEVERLY HILLS SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$3,350,000

$761

11.0

8.0

182.0

117.4

19.2

4.40%

$2,050,000

$650

17.0

19.0

135.0

65.8

5.2

14.07%

-38.8%

-14.6%

54.5%

137.5%

-25.8%

-43.9%

-72.9%

220.2%

BEVERLY HILLS P.O. SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$2,195,000

$816

25.0

17.0

165.0

55.7

7.7

10.30%

$1,565,000

$748

25.0

22.0

149.0

73.2

4.9

14.77%

-28.7%

-8.3%

0.0%

29.4%

-9.7%

31.4%

-36.3%

43.3%

BRENTWOOD SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$940,000

$437

23.0

19.0

155.0

46.1

6.4

12.26%

$912,500

$415

22.0

23.0

111.0

67.3

3.1

20.72%

-29.0%

-5.0%

-4.3%

21.1%

-28.4%

46.0%

-50.8%

69.0%

HANCOCK PARK-WILSHIRE SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$782,500

$346

10.0

6.0

91.0

82.7

12.8

6.59%

$1,205,000

$457

7.0

10.0

59.0

46.2

4.4

16.95%

54.0%

32.1%

-30.0%

66.7%

-35.2%

-44.1%

-65.7%

157.1%

HOLLYWOOD HILLS EAST SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$735,000

$472

15.0

11.0

97.0

42.0

7.5

11.34%

$1,050,000

$476

11.0

23.0

77.0

23.5

2.0

29.87%

42.9%

0.8%

-26.7%

109.1%

-20.6%

-44.1%

-73.8%

163.4%

LOS FELIZ SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$1,512,500

$553

10.0

10.0

298.0

200.4

26.1

3.36%

$1,355,000

$494

9.0

20.0

228.0

96.0

8.8

8.77%

-10.4%

-10.7%

-10.0%

100.0%

-23.5%

-52.1%

-66.1%

161.4%

MALIBU SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$1,600,000

$1,235

1.0

2.0

110.0

178.5

50.0

1.82%

$6,749,500

$2,192

8.0

9.0

90.0

175.1

7.8

10.0%

321.8%

77.5%

700.0%

350.0%

-18.2%

-1.9%

-84.4%

450.0%

MALIBU BEACH SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$605,000

$412

15.0

16.0

229.0

59.2

12.2

6.99%

$605,000

$382

18.0

32.0

161.0

89.2

3.6

19.88%

0.0%

-7.3%

20.0%

100.0%

-29.7%

50.6%

-70.4%

184.5%

MARINA DEL REY CONDO

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$1,845,000

$709

21.0

20.0

196.0

63.5

8.1

10.20%

$2,650,000

$734

19.0

24.0

145.0

51.5

4.4

16.55%

43.6%

3.5%

-9.5%

20.0%

-26.0%

-18.8%

-45.5%

62.2%

PACIFIC PALISADES SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$1,400,000

$656

25.0

11.0

123.0

123.6

9.7

8.94%

$1,725,000

$810

21.0

19.0

107.0

30.1

3.9

17.76%

23.32%

23.5%

-16.0%

72.7%

-13.0%

-75.7%

-59.4%

98.6%

SANTA MONICA SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$1,421,000

$608

26.0

29.0

327.0

87.8

9.2

8.87%

$1,394,000

$580

32.0

31.0

277.0

54.5

6.5

11.19%

-1.9%

-4.6%

23.1%

6.9%

-15.3%

-37.9%

-29.1%

26.2%

SUNSET STRIP – HOLLYWOOD HILLS WEST SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$448,698

$745

9.0

5.0

51.0

39.0

9.0

9.80%

$440,000

$343

3.0

5.0

33.0

46.0

4.4

15.15%

-1.9%

-54.0%

-66.7%

0.0%

-35.3%

17.9%

-51.1%

54.5%

SUNSET STRIP – HOLLYWOOD HILLS WEST CONDO

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$740,000

$507

17.0

13.0

125.0

85.0

7.8

10.40%

$945,000

$713

17.0

16.0

92.0

62.8

4.1

17.39%

27.7%

40.6%

0.0%

23.1%

-26.4%

-26.1%

-47.7%

67.2%

VENICE SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$965,000

$465

5.0

3.0

36.0

29.7

8.3

8.33%

$1,042,500

$499

2.0

2.0

21.0

98.5

7.0

9.52%

8.0%

7.3%

-60.0%

-33.3%

-41.7%

232.0%

-16.0%

14.3%

VENICE CONDO

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$1,175,000

$635

9.0

7.0

65.0

95.1

7.0

10.77%

$761,000

$534

8.0

14.0

50.0

31.7

1.9

28.00%

-35.2%

-15.9%

-11.1%

100.0%

-23.1%

-66.7%

-72.4%

160.0%

WEST HOLLYWOOD SFR

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

$537,500

$430

28.0

30.0

255.0

80.3

6.6

11.76%

$410,000

$392

21.0

40.0

156.0

73.5

2.2

25.64%

-23.7%

-8.8%

-25.0%

33.3%

-38.8%

-8.6%

-66.8%

117.9%

WEST HOLLYWOOD CONDO

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

Median Price ……………………..…….

Average Price per Square Foot ….…

Properties Sold ……………………….

Properties Pending Sale ………………

Properties For Sale …………….……...

Days on Market (Pending Sale) ….…..

Month’s supply of Inventory……….…

Percent Under Contract ………….……

APR. 2011 APR. 2012 % CHANGE

Glossary of Terms

Median Price: A value that separates the upper half of prices from the lower half of prices. It can be interpreted like an average, however the extreme prices (high and low) don’t hold undue.

Average Price per Square Foot: The price per each property divided by their respective square footage then averaged across all properties sold in the area for a given time period.

Properties Sold: The number of property transactions that closed and transferred ownership.

Properties Pending Sale: The number of properties that entered escrow in preparation for sale.

Properties For Sale: The number of properties on the market and seeking buyers.

Days on Market (Pending Sale): The number of days that properties currently in escrow were on the market.

Absorption Rate: The rate at which the inventory of home for sale are being sold.

Percent Under Contract: The ratio of properties to properties sale.