Los Angeles - Westside

RodeoMarketReports.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 oM a r k e t R e p o r t s . c o m

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

Nov 2011 Nov 2012 %Change

Median Price $1,574,000 $1,745,000 11

Properties Sold 9 13 44

Sales Volume $31,623,900 $54,156,800 71

Properties Pending Sale 17 17 0

Properties For Sale 157 127 -19

Average Days on Market 83 109 31

Month’s Supply of Inventory 7 6 -19

Percent Under Contract 10.8 13.4 24

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

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

Beverly Center - Miracle Mile

Nov 2011 Nov 2012 %Change

Median Price $1,025,000 $900,000 -12

Properties Sold 10 13 30

Sales Volume $9,694,000 $12,100,000 25

Properties Pending Sale 13 13 0

Properties For Sale 80 54 -33

Average Days on Market 48 49 2

Month’s Supply of Inventory 5 3 -40

Percent Under Contract 16.3 24.1 48

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $2,120,000 $5,100,000 141

Properties Sold 15 17 13

Sales Volume $45,426,000 $107,286,250 136

Properties Pending Sale 9 17 89

Properties For Sale 138 102 -26

Average Days on Market 107 70 -35

Month’s Supply of Inventory 12 4 -65

Percent Under Contract 16.3 16.7 156

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $1,350,000 $1,600,000 19

Properties Sold 11 11 0

Sales Volume $22,357,303 $27,406,897 23

Properties Pending Sale 15 18 20

Properties For Sale 181 106 -41

Average Days on Market 92 65 -29

Month’s Supply of Inventory 10 4 -57

Percent Under Contract 8.3 17 105

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

Beverlywood

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $612,000 $835,000 36

Properties Sold 14 10 -29

Sales Volume $7,258,910 $10,832,000 49

Properties Pending Sale 8 23 188

Properties For Sale 83 50 -40

Average Days on Market 78 64 -18

Month’s Supply of Inventory 8 1 -89

Percent Under Contract 9.6 46 377

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

Brentwood

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $1,600,000 $1,606,573 0

Properties Sold 17 28 65

Sales Volume $25,303,930 $72,330,202 186

Properties Pending Sale 14 13 -7

Properties For Sale 145 97 -33

Average Days on Market 115 108 -6

Month’s Supply of Inventory 8 5 -34

Percent Under Contract 9.7 13.4 39

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $1,187,500 $1,098,000 -8

Properties Sold 6 2 -67

Sales Volume $6,845,625 $2,196,000 -68

Properties Pending Sale 3 3 0

Properties For Sale 26 11 -58

Average Days on Market 110 61 -45

Month’s Supply of Inventory 6 2 -62

Percent Under Contract 11.5 27.3 136

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $677,500 $658,500 -3

Properties Sold 12 20 67

Sales Volume $5,837,000 $11,561,000 98

Properties Pending Sale 10 14 40

Properties For Sale 76 43 -43

Average Days on Market 59 53 -10

Month’s Supply of Inventory 6 2 -70

Percent Under Contract 13.2 32.6 147

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $900,000 $1,530,000 70

Properties Sold 15 20 33

Sales Volume $16,219,650 $32,816,987 102

Properties Pending Sale 18 26 44

Properties For Sale 147 84 -43

Average Days on Market 60 49 -18

Month’s Supply of Inventory 7 2 -71

Percent Under Contract 12.2 31 154

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

Hollywood

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $310,000 $450,000 45

Properties Sold 3 7 133

Sales Volume $1,006,000 $2,645,500 163

Properties Pending Sale 6 5 -17

Properties For Sale 43 17 -60

Average Days on Market 92 199 116

Month’s Supply of Inventory 5 2 -70

Percent Under Contract 14 29.4 111

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $762,500 $910,000 19

Properties Sold 8 11 38

Sales Volume $6,421,000 $8,161,500 27

Properties Pending Sale 11 18 64

Properties For Sale 98 59 -40

Average Days on Market 87 96 10

Month’s Supply of Inventory 7 2 -74

Percent Under Contract 11.2 30.5 172

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $625,000 $905,000 45

Properties Sold 19 21 11

Sales Volume $13,619,883 $20,721,760 52

Properties Pending Sale 16 22 38

Properties For Sale 126 96 -24

Average Days on Market 61 33 -46

Month’s Supply of Inventory 6 3 -53

Percent Under Contract 12.7 22.9 80

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

Malibu

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $902,699 $1,250,000 38

Properties Sold 9 19 111

Sales Volume $8,482,027 $29,489,000 248

Properties Pending Sale 16 12 -25

Properties For Sale 259 164 -37

Average Days on Market 175 169 -3

Month’s Supply of Inventory 14 12 -15

Percent Under Contract 6.2 7.3 18

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $8,000,000 $3,770,822 -53

Properties Sold 3 2 -33

Sales Volume $19,240,000 $7,541,645 -61

Properties Pending Sale 1 5 400

Properties For Sale 109 78 -28

Average Days on Market 278 187 -33

Month’s Supply of Inventory 96 69 -28

Percent Under Contract 0.9 6.4 599

*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 oM a r k e t R e p o r t s . c o m

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

Nov 2011 Nov 2012 %Change

Median Price $1,772,500 $2,085,000 18

Properties Sold 2 2 0

Sales Volume $3,545,000 $4,170,000 18

Properties Pending Sale 2 4 100

Properties For Sale 26 16 -38

Average Days on Market 30 111 270

Month’s Supply of Inventory 10 2 -79

Percent Under Contract 7.7 25 225

Mid Los Angeles

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $290,000 $290,000 0

Properties Sold 30 35 17

Sales Volume $5,546,329 $6,914,500 25

Properties Pending Sale 28 37 32

Properties For Sale 223 133 -40

Average Days on Market 78 57 -27

Month’s Supply of Inventory 7 2 -67

Percent Under Contract 12.6 27.8 122

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $234,900 $630,000 168

Properties Sold 1 3 200

Sales Volume $234,900 $400,000 70

Properties Pending Sale 5 4 -20

Properties For Sale 44 20 -55

Average Days on Market 23 52 126

Month’s Supply of Inventory 9 2 -76

Percent Under Contract 11.4 20 76

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $1,721,090 $2,155,000 25

Properties Sold 24 21 -13

Sales Volume $55,183,279 $59,765,500 8

Properties Pending Sale 22 21 -5

Properties For Sale 156 105 -33

Average Days on Market 73 104 42

Month’s Supply of Inventory 5 3 -34

Percent Under Contract 14.1 20 42

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $900,000 $821,000 -9

Properties Sold 17 32 88

Sales Volume $14,790,000 $25,317,182 71

Properties Pending Sale 20 27 35

Properties For Sale 129 67 -48

Average Days on Market 116 41 -65

Month’s Supply of Inventory 5 1 -71

Percent Under Contract 15.5 40.3 160

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $602,000 $1,100,000 83

Properties Sold 1 1 0

Sales Volume $602,000 $1,100,000 83

Properties Pending Sale 0 0 n/a

Properties For Sale 2 1 -50

Average Days on Market 0 0 n/a

Month’s Supply of Inventory 0 0 n/a

Percent Under Contract 0 0 n/a

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $1,695,000 $1,406,875 -17

Properties Sold 16 30 88

Sales Volume $33,078,170 $56,738,310 72

Properties Pending Sale 18 30 67

Properties For Sale 119 83 -30

Average Days on Market 93 29 -69

Month’s Supply of Inventory 5 2 -71

Percent Under Contract 15.1 36.1 139

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $582,000 $609,500 5

Properties Sold 25 26 4

Sales Volume $11,994,500 $12,454,800 4

Properties Pending Sale 22 27 23

Properties For Sale 143 94 -34

Average Days on Market 76 52 -32

Month’s Supply of Inventory 5 2 -56

Percent Under Contract 15.4 28.7 87

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $1,050,000 $1,195,000 14

Properties Sold 17 39 129

Sales Volume $17,121,627 $54,959,500 221

Properties Pending Sale 28 44 57

Properties For Sale 302 235 -22

Average Days on Market 92 71 -23

Month’s Supply of Inventory 9 4 -56

Percent Under Contract 9.3 18.7 102

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

Venice

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $1,002,500 $1,200,000 20

Properties Sold 12 23 92

Sales Volume $15,117,875 $31,833,900 111

Properties Pending Sale 14 18 29

Properties For Sale 101 63 -38

Average Days on Market 84 55 -35

Month’s Supply of Inventory 6 2 -62

Percent Under Contract 13.9 28.6 106

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $723,000 $1,360,000 88

Properties Sold 12 9 -25

Sales Volume $11,564,500 $12,546,000 8

Properties Pending Sale 14 8 -43

Properties For Sale 68 38 -44

Average Days on Market 52 122 135

Month’s Supply of Inventory 3 3 -6

Percent Under Contract 20.6 21.1 2

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $441,000 $577,000 31

Properties Sold 2 5 150

Sales Volume $272,000 $3,018,000 1010

Properties Pending Sale 9 9 0

Properties For Sale 45 32 -29

Average Days on Market 53 24 -55

Month’s Supply of Inventory 4 2 -42

Percent Under Contract 20 28.1 41

*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 oM a r k e t R e p o r t s . c o m

Nov 2011 Nov 2012 %Change

Median Price $1,425,500 $1,390,000 -4

Properties Sold 6 21 250

Sales Volume $8,920,000 $32,166,172 261

Properties Pending Sale 15 14 -7

Properties For Sale 76 39 -49

Average Days on Market 63 47 -25

Month’s Supply of Inventory 3 1 -58

Percent Under Contract 19.7 35.9 82

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

RODEO REALTY MARKETING DEPARTMENT