Los Angeles Market Update January 2014

MARKET UPDATE: LOS ANGELES 3-Month Ending January 2014

To view our listings please visit sothebyshomes.com/losangeles

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES | SANTA MONICA | SUNSET STRIP

Operated by Sotheby’s International Realty, Inc.

Market Area Pgs.

Featured Listings 2-3Bel Air - Holmby Hills 4-5Beverly Center - Miracle Mile 6-7Beverly Hills 8-9Beverly Hills Post Office 10-11Beverlywood 12-13Brentwood 14-15Cheviot Hills - Rancho Park 16-17Culver City 18-19Downtown Los Angeles 20-21Eagle Rock 22-23Hancock Park 24-25Hollywood 26-27Hollywood Hills East 28-29Los Feliz 30-31Malibu 32-33

Market Area Pgs.

Malibu Beach 34-35 Marina Del Rey 36-37Mid Los Angeles 38-39Mid Wilshire 40-41Mount Washington 42-43Pacific Palisades 44-45Palms - Mar Vista 46-47Playa Del Rey 48-49Playa Vista 50-51Santa Monica 52-53Silverlake - Echo Park 54-55Sunset Strip - Hollywood Hills 56-57Venice 58-59West Hollywood 60-61West Los Angeles 62-63Westwood - Century City 64-65

4

SINGLE FAMILY HOME SALES

BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles

Bel Air is encompassed by a prestigious and well-known pocket of Los Angeles known

as the Golden Triangle, including Bel Air, Beverly Hills and Holmby Hills. Bel Air real

estate is tucked along the foothills of a section of the Santa Monica Mountains on the

north side and borders UCLA and Sunset Boulevard to the south. Bel Air is approx.

12 miles from Downtown LA, minutes from the 405 freeway and close to the quaint

Bel Air Hotel, yet it provides a feeling of serenity and ever sought-after escape from

metropolitan life. Homes vary from original ranch style and modest one half stories to

mansions with gorgeous views of the canyon and city lights.

CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

BEL AIR - HOLMBY HILLS

SINGLE FAMILY HOMES (SFH)

NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $2,697,818 $705,625 $1,845,995 $6,080,400 Average List Price per Square Foot $788.31 $614.83 $632.43 $979.96

Average Sold Price $2,654,376 $682,938 $1,786,293 $6,054,500

Average Sold Price per Square Foot $774.87 $591.60 $611.97 $975.41

Total SFH Sold 39 8 21 10

Total SFH for Sale at End of Period 72 6 24 42

Average Monthly Supply of Inventory 5.5 2.3 3.4 12.6

Average Sold Price/Original List Price Ratio 98% 97% 97% 100%

SFHNOV - JAN 2013 ALL < $1M $1M - $3M > $3M

Average List Price $3,807,473 $805,369 $1,753,450 $11,090,000

Average List Price per Square Foot $937.51 $382.57 $578.77 $1,336.07


Average Sold Price per Square Foot $832.47 $366.53 $554.76 $1,152.25





SFHJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M

Average List Price -29% -12% 5% -45%

Average List Price per Square Foot -16% 61% 9% -27%

Average Sold Price -22% -11% 7% -37%

Average Sold Price per Square Foot -7% 61% 10% -15%

Total SFH Sold -11% -38% 5% -9%

Total SFH for Sale at End of Period -12% -33% 9% -18%

Average Monthly Supply of Inventory -1% 8% 4% -9%


(Source: MLS/CLAW)

5

CONDOMINIUM SALES

BEL AIR - HOLMBY HILLS MARKET OVERVIEW - JANUARY

In Bel Air - Holmby Hills there were 12 single family home sales in January 2014, up from 11 in January 2013 and a similar performance

from the 12 sales closed last month. The average list price for single family home sales in January 2014 was $3,010,992 almost matching

$3,062,727 for January 2013. For the three-month period from November to January 2014, the average list price was 29% lower than

the same period of the prior year. Average sales price for January 2014 was $3,080,250, compared to that of November through January

2014, which was $2,654,376. Comparing January 2014 to December 2013, Bel Air - Holmby Hills saw a 80% increase in average sale price,

and a 12% increase compared to same month of the prior year.

BEL AIR - HOLMBY HILLS

CONDOMINIUMS (CONDOS)

NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $- $- $- $- Average List Price per Square Foot $- $- $- $-

Average Sold Price $- $- $- $-

Average Sold Price per Square Foot $- $- $- $-

Total Condos Sold - - - -

Total Condos for Sale at End of Period 3 - - -

Average Monthly Supply of Inventory - - - -


CONDOSNOV - JAN 2013 ALL < $1M $1M - $3M > $3M

Average List Price $- $- $- $-

Average List Price per Square Foot $- $- $- $-




Total Condos for Sale at End of Period - - - -



CONDOSJAN/JAN COMPARISON ALL < $1M $1M - $3M > $3M

Average List Price 0% 0% 0% 0%

Average List Price per Square Foot 0% 0% 0% 0%

Average Sold Price 0% 0% 0% 0%

Average Sold Price per Square Foot 0% 0% 0% 0%

Total Condos Sold 0% 0% 0% 0%

Total Condos for Sale at End of Period 0% 0% 0% 0%

Average Monthly Supply of Inventory 0% 0% 0% 0%


(Source: MLS/CLAW)

6



BEVERLY CENTER - MIRACLE MILE

The Beverly Center-Miracle Mile area of Los Angeles, known for its original Spanish

two-story homes, duplexes and single-family homes, borders the Mid Los Angeles and

Fairfax Districts as well as Hancock Park. The many original Spanish two-story homes,

duplexes and single-family homes make up one of the city’s most densely populated

and commercial sections. The area is home to the world-famous Los Angeles County

Museum of Modern Art (LACMA), the La Brea Tar Pits and the Petersen Automotive

Museum, which all make up Museum Row.



NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $1,385,206 $846,908 $1,580,955 $3,000,001 Average List Price per Square Foot $587.75 $499.95 $619.33 $-


Average Sold Price per Square Foot $577.74 $492.11 $608.54 $-


Total SFH for Sale at End of Period 34 8 26 -

Average Monthly Supply of Inventory 3.0 2.2 3.5 -



Average List Price $1,154,728 $794,154 $1,500,878 $-

Average List Price per Square Foot $516.00 $468.70 $546.08 $-

Average Sold Price $1,148,071 $802,228 $1,480,080 $-


Total SFH Sold 49 24 25 -









Total SFH Sold -31% -54% -12% 0%

Total SFH for Sale at End of Period -8% -27% 0% 0%


Average Sold Price/Original List Price Ratio -1% -3% -1% 0%

(Source: MLS/CLAW)

7

CONDOMINIUM SALES

BEVERLY CENTER - MIRACLE MILE MARKET OVERVIEW - JANUARY

In Beverly Center - Miracle Mile there were 11 single family home sales in January 2014, down from 12 in January 2013 and a 27% decrease

from the 15 sales closed last month. The average list price for single family home sales in January 2014 was $1,465,364 compared to

$1,167,954 for January 2013, representing a 25% increase. For the three-month period from November to January 2014, the average list

price was 20% higher than the same period of the prior year. Average sales price for January 2014 was $1,462,636, compared to that of

November through January 2014, which was $1,360,206. Comparing January 2014 to December 2013, Beverly Center - Miracle Mile saw

a 24% increase in average sale price, and a 27% increase compared to same month of the prior year.

BEVERLY CENTER - MIRACLE MILE


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $716,497 $693,104 $1,044,000 $- Average List Price per Square Foot $529.97 $516.25 $703.74 $-

Average Sold Price $709,142 $685,224 $1,044,000 $-


Total Condos Sold 30 28 2 -


Average Monthly Supply of Inventory 2.0 - - -



Average List Price $542,626 $511,717 $1,099,000 $-





Total Condos for Sale at End of Period 12 11 1 -




Average List Price 32% 35% -5% 0%





Total Condos for Sale at End of Period 67% -100% -100% 0%

Average Monthly Supply of Inventory 6% -100% -100% 0%

Average Sold Price/Original List Price Ratio -1% -1% 7% 0%

(Source: MLS/CLAW)

8



BEVERLY HILLS

Beverly Hill, located within the Golden Triangle, is nestle up against the foothills of the

Santa Monica Mountains on the north side. Beverly Hills is bordered by Westwood

Village and Century City on the west, West Hollywood and Fairfax District on the east,

and Los Angeles City and the 10 freeway on the South. Rodeo Drive between Wilshire

Boulevard and Sunset Boulevard include not only the ultimate shopping mecca, but an

area of large homes referred to as the Flats,. The blocks were designed by landscape

architect William D. Cook, with large lots and wide curving streets lined with palm,

eucalyptus and acacia trees and a three-block 80-foot-wide park running along Santa

Monica Boulevard. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $6,842,200 $- $2,397,167 $7,761,862 Average List Price per Square Foot $1,214.73 $- $843.92 $1,264.03

Average Sold Price $6,481,901 $- $2,344,167 $7,337,984

Average Sold Price per Square Foot $1,152.89 $- $825.27 $1,196.45

Total SFH Sold 35 - 6 29

Total SFH for Sale at End of Period 58 - 13 45

Average Monthly Supply of Inventory 5.0 - 6.5 4.7



Average List Price $6,399,000 $- $2,020,400 $7,725,849

Average List Price per Square Foot $1,100.59 $- $856.46 $1,128.06









Average List Price per Square Foot 10% 0% -1% 12%


Average Sold Price per Square Foot 12% 0% -3% 14%

Total SFH Sold -19% 0% -40% -12%

Total SFH for Sale at End of Period -16% 0% 30% -24%

Average Monthly Supply of Inventory 3% 0% 117% -13%

Average Sold Price/Original List Price Ratio 2% 0% -2% 2%

(Source: MLS/CLAW)

9

CONDOMINIUM SALES

BEVERLY HILLS MARKET OVERVIEW - JANUARY

In Beverly Hills there were 12 single family home sales in January 2014, up from 5 in January 2013 and a 8% decrease from the 13 sales

closed last month. The average list price for single family home sales in January 2014 was $6,029,333 compared to $9,058,800 for January

2013, representing a 33% decrease. For the three-month period from November to January 2014, the average list price was 7% higher

than the same period of the prior year. Average sales price for January 2014 was $5,787,250, compared to that of November through

January 2014, which was $6,481,901. Comparing January 2014 to December 2013, Beverly Hills saw a 12% decrease in average sale

price, and a 34% decrease compared to same month of the prior year.

BEVERLY HILLS


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $1,583,987 $728,591 $1,656,109 $10,200,000 Average List Price per Square Foot $793.49 $489.55 $699.32 $2,639.07



Total Condos Sold 23 11 11 1





Average List Price $998,000 $736,000 $1,337,429 $3,600,000

Average List Price per Square Foot $504.90 $430.42 $557.36 $881.70

Average Sold Price $939,481 $708,474 $1,243,571 $3,200,000



Total Condos for Sale at End of Period 37 17 17 3




Average List Price 59% -1% 24% 183%




Total Condos Sold -15% -42% 57% 0%

Total Condos for Sale at End of Period 3% -100% -100% -100%

Average Monthly Supply of Inventory 21% -100% -100% -100%

Average Sold Price/Original List Price Ratio 1% 2% 5% -1%

(Source: MLS/CLAW)

10



BEVERLY HILLS POST OFFICE

Beverly Hills Post Office is home to grand estates, mansions and large traditional

homes as well as some of the most celebrated gated communities in the area, including

Mulholland Estates, The Summit, Beverly Ridge Estates and perhaps the most famous,

Beverly Park. Lying outside of the City of Beverly Hills limits, Beverly Hills Post Office

is part of Los Angeles, but is assigned to use the postal services of Beverly Hills, which

started in the early 1960s. Within the area some of the most desired grand estates,

mansions and large traditional homes in all of Southern California can be found. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


















Average List Price 9% 4% 4% -17%

Average List Price per Square Foot 22% -9% 28% 1%

Average Sold Price 11% 17% 5% -15%


Total SFH Sold 15% -20% 5% 83%

Total SFH for Sale at End of Period 15% 400% -8% 29%

Average Monthly Supply of Inventory 0% 525% -12% -29%


(Source: MLS/CLAW)

11

CONDOMINIUM SALES

BEVERLY HILLS POST OFFICE MARKET OVERVIEW - JANUARY

In Beverly Hills Post Office there were 12 single family home sales in January 2014, up from 8 in January 2013 and a 8% decrease from the

13 sales closed last month. The average list price for single family home sales in January 2014 was $2,355,750 compared to $2,094,000

for January 2013, representing a 13% increase. For the three-month period from November to January 2014, the average list price was

9% higher than the same period of the prior year. Average sales price for January 2014 was $2,275,833, compared to that of November

through January 2014, which was $2,392,534. Comparing January 2014 to December 2013, Beverly Hills Post Office saw a 19% decrease

in average sale price, but a 18% increase compared to same month of the prior year.

BEVERLY HILLS POST OFFICE


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

12



Beverlywood is an upscale neighborhood in Los Angeles strategically placed near

the heart of one of the world’s largest cities, and is the ideal home for anyone from

couples raising families to retirees. The community is friendly and features tree-

lined streets, lush green parks, fancy storefronts, sidewalk delis and cozy cafes for

its residents. Almost all of Beverlywood’s inhabitants live in single-family homes built

between the 1920s and the 1950s, with the oldest homes in the areas near Beverly

Hills. Beverlywood residents enjoy an upscale community of homes constructed from

1920s through the 1950s.


BEVERLYWOOD


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $1,062,827 $734,621 $1,526,176 $- Average List Price per Square Foot $555.58 $526.23 $577.47 $-


















Average List Price per Square Foot 18% 22% 8% -100%


Average Sold Price per Square Foot 19% 24% 8% -100%

Total SFH Sold -2% -23% 70% -100%

Total SFH for Sale at End of Period 35% -6% 180% 0%



(Source: MLS/CLAW)

13

CONDOMINIUM SALES BEVERLYWOOD

BEVERLYWOOD MARKET OVERVIEW - JANUARY

In Beverlywood there were 12 single family home sales in January 2014, up from 10 in January 2013 and a 14% decrease from the 14

sales closed last month. The average list price for single family home sales in January 2014 was $932,325 almost matching $915,190 for

January 2013. For the three-month period from November to January 2014, the average list price was 11% higher than the same period

of the prior year. Average sales price for January 2014 was $911,167, compared to that of November through January 2014, which was

$1,046,280. Comparing January 2014 to December 2013, Beverlywood saw a 25% decrease in average sale price, but a 3% increase

compared to same month of the prior year.


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $533,869 $533,869 $- $- Average List Price per Square Foot $404.10 $404.10 $- $-

Average Sold Price $529,225 $529,225 $- $-

Average Sold Price per Square Foot $400.59 $400.59 $- $-

Total Condos Sold 16 16 - -





Average List Price $560,505 $560,505 $- $-

Average List Price per Square Foot $380.04 $380.04 $- $-




Total Condos for Sale at End of Period 5 5 - -

Average Monthly Supply of Inventory 0.6 0.6 - -



Average List Price -5% -5% 0% 0%


Average Sold Price -5% -5% 0% 0%



Total Condos for Sale at End of Period 160% -100% 0% 0%

Average Monthly Supply of Inventory 290% -100% 0% 0%


(Source: MLS/CLAW)

14



Brentwood is one of the wealthiest areas of Los Angeles, populated by affluent

professionals, political figures and celebrities. Known for its Spanish-style homes,

condos and traditional homes, Brentwood has prosperous commercial districts

along each of its major east-west thoroughfares, Wilshire Boulevard, San Vicente

Boulevard and Sunset Boulevard. The Spanish-style and traditional-style homes as well

as the condos of Brentwood are located at the base of the Santa Monica Mountains.

Brentwood was once part of the Rancho San Vicente y Santa Monica, a Mexican

land-grant ranch sold off in pieces by the Sepulveda family after the Mexican-American

War. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

BRENTWOOD


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $3,402,396 $- $1,976,306 $6,422,353 Average List Price per Square Foot $883.59 $- $761.47 $993.36


Average Sold Price per Square Foot $862.46 $- $756.25 $957.94
















Average List Price per Square Foot -1% -100% 25% -15%

Average Sold Price 12% -100% 13% 12%

Average Sold Price per Square Foot 5% -100% 25% -8%

Total SFH Sold -23% -100% -5% -29%

Total SFH for Sale at End of Period 0% 0% 33% -19%


Average Sold Price/Original List Price Ratio 6% -100% 0% 8%

(Source: MLS/CLAW)

15

CONDOMINIUM SALES

BRENTWOOD MARKET OVERVIEW - JANUARY

In Brentwood there were 12 single family home sales in January 2014, up from 9 in January 2013 and a 52% decrease from the 25 sales


2013, representing a 14% increase. For the three-month period from November to January 2014, the average list price was 6% higher


January 2014, which was $3,316,430. Comparing January 2014 to December 2013, Brentwood saw a 28% decrease in average sale price,

but a 20% increase compared to same month of the prior year.

BRENTWOOD


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total Condos Sold 8% -8% 600% 0%

Total Condos for Sale at End of Period -17% -100% -100% 0%

Average Monthly Supply of Inventory -23% -100% -100% 0%

Average Sold Price/Original List Price Ratio -1% 0% 0% 0%

(Source: MLS/CLAW)

16



Cheviot Hills and Rancho Park are both situated within a short drive of Fox Studios

and Sony Studios. Cheviot Hills provides excellent views of much of the Los

Angeles. Cheviot Hills’ gently rolling hills are reminiscent of the Cheviot Hills area of

Scotland, which is how the area got its name. Rancho Park, though a small residential

neighborhood in West Los Angeles, is one of the few districts in Los Angeles where

fall foliage can be seen. Nestled between Westwood and Cheviot Hills, Rancho Park is

mostly filled with single-family homes and tree-lined streets.


CHEVIOT HILLS - RANCHO PARK


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






Average Monthly Supply of Inventory 0.4 - 0.3 -












Average List Price -4% 20% -2% -100%


Average Sold Price -4% 17% -3% -100%


Total SFH Sold -12% -25% 0% -100%

Total SFH for Sale at End of Period -80% -100% -88% 0%


Average Sold Price/Original List Price Ratio 0% -2% 0% -100%

(Source: MLS/CLAW)

17

CONDOMINIUM SALES

CHEVIOT HILLS - RANCHO PARK MARKET OVERVIEW - JANUARY

In Cheviot Hills - Rancho Park there were 3 single family home sales in January 2014, which is the same as January 2013 and a 63% decrease

from the 8 sales closed last month. The average list price for single family home sales in January 2014 was $1,848,000 compared to

$1,431,000 for January 2013, representing a 29% increase. For the three-month period from November to January 2014, the average list

price was 4% lower than the same period of the prior year. Average sales price for January 2014 was $1,805,000, compared to that of

November through January 2014, which was $1,525,133. Comparing January 2014 to December 2013, Cheviot Hills - Rancho Park saw a

23% increase in average sale price, and a 25% increase compared to same month of the prior year.

CHEVIOT HILLS - RANCHO PARK


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M























Total Condos for Sale at End of Period -100% -100% 0% 0%



(Source: MLS/CLAW)

18



Charming Culver City, with its condos and traditional and Spanish-style homes, is a

town of galleries, shops, cafes and entrepreneurial businesses. Culver City has been a

focal point for motion picture studios since the 1920s and more recently for television

production, having been home to MGM Studios, the Culver Studios and now Sony

Picture Entertainment. Home of the Kirk Douglas Theatre, Helms Bakeries and the

Culver Hotel, Culver City’s condos, traditional homes and Spanish-style homes offer a

combination of urban living and small town charm.


CULVER CITY


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total SFH Sold -22% -31% 200% 0%


Average Monthly Supply of Inventory 35% 117% -90% 0%


(Source: MLS/CLAW)

19

CONDOMINIUM SALES

CULVER CITY MARKET OVERVIEW - JANUARY

In Culver City there were 10 single family home sales in January 2014, up from 8 in January 2013 and a 55% decrease from the 22

sales closed last month. The average list price for single family home sales in January 2014 was $716,840 almost matching $751,488 for

January 2013. For the three-month period from November to January 2014, the average list price was 23% higher than the same period

of the prior year. Average sales price for January 2014 was $711,550, compared to that of November through January 2014, which

was $837,392. Comparing January 2014 to December 2013, Culver City saw a 23% decrease in average sale price, and a 2% decrease


CULVER CITY


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

20



Downtown Los Angeles offers urban living with its condos and lofts, and its central

business district with skyscrapers, multinational corporations, popular art institutions,

public art displays, sightseeing opportunities, sports facilities and shopping. Home

to world-famous establishments like The Walt Disney Concert Hall, Staples Center,

Cathedral of our Lady of the Angels and the University of Southern California,

Downtown Los Angeles borders Lincoln Heights and the LA River to the east,

Hollywood to the north, the Santa Monica Freeway to the south, and the Harbor

Freeway to the west. Perfect for those seeking condos and lofts. CLICK HERE TO VIEW

HOMES WE HAVE AVAILABLE IN THIS AREA

DOWNTOWN LOS ANGELES


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M




Total SFH Sold 38 38 - -










Total SFH for Sale at End of Period 24 24 - -








Total SFH Sold 31% 31% 0% 0%

Total SFH for Sale at End of Period 38% 29% 0% 0%



(Source: MLS/CLAW)

21

CONDOMINIUM SALES

DOWNTOWN LOS ANGELES MARKET OVERVIEW - JANUARY

In Downtown L.A. there were 32 condominium sales in January 2014, up from 31 in January 2013 and a similar performance from the

32 sales closed last month. The average list price for condo sales in January 2014 was $463,841 compared to $545,539 for January 2013,

representing a 15% decrease. For the three-month period from November to January 2014, the average list price was 8% higher than the

same period of the prior year. Average sales price for January 2014 was $464,281, compared to that of November through January 2014,

which was $523,146. Comparing January 2014 to December 2013, Downtown L.A. saw a 8% decrease in average sale price, and a 13%

decrease compared to same month of the prior year.

DOWNTOWN LOS ANGELES


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total Condos Sold -22% -21% -33% -100%




(Source: MLS/CLAW)

22



Eagle Rock, a neighborhood of architectural and historic homes, is bordered by

Glendale on the north and west, Highland Park to the southeast, Glassell Park to the

southwest, and Pasadena and South Pasadena on the east. At certain times of the day

on the northern edge of Eagle Rock, an enormous boulder projects a bird-shaped

shadow resembling an eagle in flight, giving the city its name. Since the 1920s, artists,

writers and filmmakers have moved to the architectural and historic homes of Eagle

Rock, with Craftsman, Georgian, Art Deco and Mission Revival styles.


EAGLE ROCK


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M














Total SFH for Sale at End of Period 24 23 - 1












(Source: MLS/CLAW)

23

CONDOMINIUM SALES

EAGLE ROCK MARKET OVERVIEW - JANUARY

In Eagle Rock there were 17 single family home sales in January 2014, up from 15 in January 2013 and a 21% increase from the 14 sales

closed last month. The average list price for single family home sales in January 2014 was $574,706 compared to $484,780 for January


than the same period of the prior year. Average sales price for January 2014 was $587,890, compared to that of November through

January 2014, which was $589,697. Comparing January 2014 to December 2013, Eagle Rock saw a 5% decrease in average sale price, but a

20% increase compared to same month of the prior year.

EAGLE ROCK


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

24



Hancock Park is a historic neighborhood in Los Angeles, which was developed in

the 1920s by the Hancock family with profits earned from oil drilling. The residential

community is centrally located in the city and is bound by Wilshire Boulevard, Melrose

Avenue, Higland Avenue and Rossmore Avenue. Unusual for most LA neighborhoods,

residences in Hancock Park tend to be set back from the street, most power and

telephone lines are buried, and fences are a rarity. It is located near both the Wilshire

Country Club and the Los Angeles Tennis Club. Hancock Park continues to be one

of the most desirable areas in all of Southern California to live. CLICK HERE TO VIEW

HOMES WE HAVE AVAILABLE IN THIS AREA

HANCOCK PARK


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


















Average List Price 10% 10% -1% -24%




Total SFH Sold 19% -12% 32% 100%


Average Monthly Supply of Inventory 1% 40% 7% -61%


(Source: MLS/CLAW)

25

CONDOMINIUM SALES

HANCOCK PARK MARKET OVERVIEW - JANUARY

In Hancock Park - Wilshire there were 16 single family home sales in January 2014, up from 11 in January 2013 and a 43% decrease from

the 28 sales closed last month. The average list price for single family home sales in January 2014 was $1,799,008 compared to $956,345

for January 2013, representing an 88% increase. For the three-month period from November to January 2014, the average list price was


through January 2014, which was $1,621,010. Comparing January 2014 to December 2013, Hancock Park - Wilshire saw a 18% increase in

average sale price, and a 83% increase compared to same month of the prior year.

HANCOCK PARK


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

26



Hollywood puts you right in one of the most desirable districts of Los Angeles real

estate. Hollywood’s fame is rooted in its cultural identity, peerless entertainment

industry and historical significance as the origin of American cinema. Hollywood

is consistently the host of major events such as the Academy Awards and is the

paramount tourist attraction with Hollywood Boulevard, the Walk of Fame and the

Hollywood Bowl. From the red carpet to Hollywood’s 130-acre national park, Runyon

Canyon, this vibrant community radiates its authentic prestige. Hollywood homes and

estates are some of the most luxurious in all of California. CLICK HERE TO VIEW HOMES

WE HAVE AVAILABLE IN THIS AREA

HOLLYWOOD


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


















Average List Price -15% 18% -100% 0%


Average Sold Price -13% 19% -100% 0%


Total SFH Sold -11% 7% -100% 0%




(Source: MLS/CLAW)

27

CONDOMINIUM SALES

HOLLYWOOD MARKET OVERVIEW - JANUARY

In Hollywood there were 7 condominium sales in January 2014, which is the same as January 2013 and a 40% increase from the 5 sales closed

last month. The average list price for condo sales in January 2014 was $575,213 compared to $525,928 for January 2013, representing a 9%

increase. For the three-month period from November to January 2014, the average list price was 1% higher than the same period of the

prior year. Average sales price for January 2014 was $579,786, compared to that of November through January 2014, which was $571,068.

Comparing January 2014 to December 2013, Hollywood saw a 17% decrease in average sale price, but a 9% increase compared to same

month of the prior year.

HOLLYWOOD


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

28



Hollywood Hills real estate means breathtaking homes in a sought-after neighborhood

of Los Angeles. It is located overlooking the city in the southeastern Santa Monica

Mountains. High above the city, the views of Downtown Los Angeles and the Pacific,

and the calm and serenity that can be found there make the Hills a draw for many

celebrities and non-celebrities alike. A number of Hollywood Hills homes can be found

on the Bird Streets above the Sunset Strip, Laurel Canyon and Beachwood Canyon.

Mulholland Drive, famed on its own, can be found along the top of the Hills. Homes

here can range from Mid-Century masterpieces to stunning modern Architectural to

traditional hillside. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

HOLLYWOOD HILLS EAST


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total SFH Sold -28% -52% 6% 0%




(Source: MLS/CLAW)

29

CONDOMINIUM SALES

HOLLYWOOD HILLS EAST MARKET OVERVIEW - JANUARY

In Hollywood Hills East there were 11 single family home sales in January 2014, up from 7 in January 2013 and a 57% increase from the

7 sales closed last month. The average list price for single family home sales in January 2014 was $1,438,545 compared to $900,986 for

January 2013, representing a 60% increase. For the three-month period from November to January 2014, the average list price was 31%

higher than the same period of the prior year. Average sales price for January 2014 was $1,412,395, compared to that of November

through January 2014, which was $1,267,264. Comparing January 2014 to December 2013, Hollywood Hills East saw a 4% increase in


HOLLYWOOD HILLS EAST


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M
























Average Monthly Supply of Inventory -33% -100% 0% 0%


(Source: MLS/CLAW)

30



Richly immersed with history dating back to the nineteenth century, Los Feliz is

located just south of the Santa Monica Mountains and is adjacent to Hollywood. The

area features the Griffith Observatory, the Greek Theatre, and the Los Angeles Zoo.

Los Feliz homes offer a welcoming and cohesive community recognized for its chic

sophistication. Historic and noted homes can be found throughout Los Feliz, which

has an enclave of celebrity residents. Los Feliz is known for its grand Spanish estates,

charming California bungalows and many original craftsman homes.


LOS FELIZ


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total SFH Sold -26% -59% 21% 0%




(Source: MLS/CLAW)

31

CONDOMINIUM SALES

LOS FELIZ MARKET OVERVIEW - JANUARY

In Los Feliz there were 14 single family home sales in January 2014, down from 21 in January 2013 and a 22% decrease from the 18 sales

closed last month. The average list price for single family home sales in January 2014 was $1,476,136 compared to $971,942 for January



January 2014, which was $1,416,285. Comparing January 2014 to December 2013, Los Feliz saw a 6% decrease in average sale price, but a


LOS FELIZ


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M



















Average List Price per Square Foot -3% -3% 0% 0%







(Source: MLS/CLAW)

32



Few names can evoke visions of beach living and casual elegance as readily as Malibu,

California. Embracing nearly 27 miles of gorgeous California coastline, Malibu has long

been home to some of the most influential people in the world. The terrain varies

widely, and some of Malibu’s famous beaches and surf spots include Surfrider Beach,

Zuma Beach and Le Carrillo Beach. Ocean-side dining, boutique shops and gorgeous

beaches combine to create the unique lifestyle that exemplifies living in a Malibu home.

Sotheby’s International Realty, Inc provides some breathtaking Malibu properties with

oceanfront and spectacular beach views.


MALIBU


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total SFH Sold -20% -45% -32% 50%

Total SFH for Sale at End of Period 2% -29% -33% 47%

Average Monthly Supply of Inventory 27% 31% -1% -2%


(Source: MLS/CLAW)

33

CONDOMINIUM SALES

MALIBU MARKET OVERVIEW - JANUARY

In Malibu there were 10 single family home sales in January 2014, which is the same as January 2013 and a 33% decrease from the 15 sales




January 2014, which was $2,799,419. Comparing January 2014 to December 2013, Malibu saw a 4% decrease in average sale price, but a


MALIBU


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total Condos Sold -14% 0% -100% 0%

Total Condos for Sale at End of Period -12% -100% -100% -100%



(Source: MLS/CLAW)

34



Where the majestic Pacific meets golden sands, Malibu Beach is conveniently located

within short drives of Santa Monica, Beverly Hills and Los Angeles International

Airport. The area’s beachfront properties, vineyards and ranches are the destination

for some of the most influential people, seeking a unique supply of Malibu Beach real

estate. Malibu Beach offers the best of the best, from luxurious beachfront properties

on the sand to extraordinary estates, mansions, vineyards, and ranches on the bluffs

overlooking the Pacific Ocean and lining the hillsides with views of the Channel Islands

offshore. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

MALIBU BEACH


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $6,402,769 $- $2,357,667 $7,616,300 Average List Price per Square Foot $2,086.97 $- $1,469.13 $2,169.74


Average Sold Price per Square Foot $1,976.16 $- $1,403.52 $2,052.87






Average List Price $8,554,085 $- $2,050,000 $9,736,646

Average List Price per Square Foot $2,615.21 $- $832.49 $2,877.55








Average List Price -25% 0% 15% -22%

Average List Price per Square Foot -20% 0% 76% -25%

Average Sold Price -19% 0% 0% -15%

Average Sold Price per Square Foot -13% 0% 57% -17%

Total SFH Sold 0% 0% 50% -9%

Total SFH for Sale at End of Period -27% 0% 0% -30%

Average Monthly Supply of Inventory -27% 0% -33% -23%


(Source: MLS/CLAW)

35

CONDOMINIUM SALES

MALIBU BEACH MARKET OVERVIEW - JANUARY

In Malibu Beach there were 2 single family home sales in January 2014, which is the same as January 2013 and a 78% decrease from the

9 sales closed last month. The average list price for single family home sales in January 2014 was $4,947,000 compared to $3,115,000


25% lower than the same period of the prior year. Average sales price for January 2014 was $4,716,250, compared to that of November

through January 2014, which was $5,969,279. Comparing January 2014 to December 2013, Malibu Beach saw a 27% decrease in average

sale price, but a 49% increase compared to same month of the prior year.

MALIBU BEACH


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $2,465,000 $895,000 $2,500,000 $4,000,000 Average List Price per Square Foot $1,881.20 $857.28 $2,369.67 $2,183.41


Average Sold Price per Square Foot $1,650.98 $795.02 $1,786.73 $2,060.59







Average List Price per Square Foot $1,451.55 $1,451.55 $- $-


Average Sold Price per Square Foot $1,405.04 $1,405.04 $- $-


Total Condos for Sale at End of Period 9 8 - 1







Average Sold Price per Square Foot 18% -43% 0% 0%


Total Condos for Sale at End of Period 133% -100% 0% -100%



(Source: MLS/CLAW)

36



With its blue waters and gleaming boats, sitting in the world’s largest manmade small-

craft harbor, Marina del Rey is an oasis of leisure and elegance in sunny Southern

California. Offering relaxing and beautiful views of the Pacific, Marina del Rey is home

to both estates and beach condominiums, and has access to boating, sailing, fishing

and a variety of water sports. Marina Del Rey is conveniently located five miles from

Los Angeles International Airport and just minutes from the San Diego and Marina

freeways. Adjacent to Venice Beach and Santa Monica, Marina Del Rey is also close to

major shopping malls, movie theaters, Hollywood, Beverly Hills and Downtown Los

Angeles. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

MARINA DEL REY


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total SFH Sold -13% -67% 20% 0%




(Source: MLS/CLAW)

37

CONDOMINIUM SALES

MARINA DEL REY MARKET OVERVIEW - JANUARY

In Marina Del Rey there were 19 condominium sales in January 2014, down from 21 in January 2013 and a 49% decrease from the 37

sales closed last month. The average list price for condo sales in January 2014 was $1,001,021 compared to $531,324 for January 2013,

representing an 88% increase. For the three-month period from November to January 2014, the average list price was 11% higher than

the same period of the prior year. Average sales price for January 2014 was $977,958, compared to that of November through January

2014, which was $780,759. Comparing January 2014 to December 2013, Marina Del Rey saw a 47% increase in average sale price, and a


MARINA DEL REY


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $801,199 $661,259 $1,499,778 $3,750,000 Average List Price per Square Foot $529.32 $458.36 $825.82 $974.53



















Average Sold Price 13% 15% -24% 0%






(Source: MLS/CLAW)

38



Mid Los Angeles is a district in Los Angeles, California, known for its Spanish-style

and traditional residences, as well as duplex properties. 2.5 miles south of Hollywood

and 3.5 miles west of downtown Los Angeles, Mid Los Angeles contains Brookside,

Crestview, Fremont Place, Lafayette Square, Little Ethiopia, Picfair Village and Victoria

Park. Mid Los Angeles is a great neighborhood, centrally located, great commercial and

recreational opportunities and close to all.


MID LOS ANGELES


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

39

CONDOMINIUM SALES

MID LOS ANGELES MARKET OVERVIEW - JANUARY

In Mid Los Angeles there were 24 single family home sales in January 2014, down from 27 in January 2013 and a 14% decrease from the 28

sales closed last month. The average list price for single family home sales in January 2014 was $461,736 compared to $311,596 for January



January 2014, which was $487,831. Comparing January 2014 to December 2013, Mid Los Angeles saw a 8% decrease in average sale price,

but a 47% increase compared to same month of the prior year.

MID LOS ANGELES


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M























Total Condos for Sale at End of Period -67% -100% 0% 0%



(Source: MLS/CLAW)

40



Mid Wilshire, also known as Midtown, contains neighborhoods like Hancock Park,

Windsor Square, Carthay Circle and Lafayette Square. Mid Wilshire offers some of

Los Angeles’s most magnificent residential architecture, primarily in traditional city

neighborhood settings. Mid Wilshire contains Little Ethiopia, Miracle Mile, Park La Brea,

Park Mile and Wilshire Vista, all known for the area’s stunning residential architecture.


MID WILSHIRE


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M























Total SFH for Sale at End of Period -14% -31% 200% 0%



(Source: MLS/CLAW)

41

CONDOMINIUM SALES

MID WILSHIRE MARKET OVERVIEW - JANUARY

In Mid Wilshire there were 8 condominium sales in January 2014, down from 17 in January 2013 and a 33% decrease from the 12

sales closed last month. The average list price for condo sales in January 2014 was $536,000 compared to $362,994 for January 2013,

representing a 48% increase. For the three-month period from November to January 2014, the average list price was 20% higher than

the same period of the prior year. Average sales price for January 2014 was $524,125, compared to that of November through January

2014, which was $425,306. Comparing January 2014 to December 2013, Mid Wilshire saw a 15% increase in average sale price, and a 45%

increase compared to same month of the prior year.

MID WILSHIRE


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

42



Founded in 1909, Mount Washington is located on the eastside of Los Angeles

neighboring Glassell Park, Eagle Rock, Highland Park and Montecito Heights and its

close proximity to both Pasadena and Downtown Los Angeles have made it popular

for homebuyers. It is known for the many 1950s and 1960s modernist homes that

can be found here. Recently the area has become a more affordable alternative to the

more pricey Westside.


MOUNT WASHINGTON


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M














Total SFH for Sale at End of Period 26 26 - -












(Source: MLS/CLAW)

43

CONDOMINIUM SALES

MOUNT WASHINGTON MARKET OVERVIEW - JANUARY

In Mount Washington there were 10 single family home sales in January 2014, down from 13 in January 2013 and a 17% decrease from

the 12 sales closed last month. The average list price for single family home sales in January 2014 was $570,180 compared to $453,554


24% higher than the same period of the prior year. Average sales price for January 2014 was $570,050, compared to that of November

through January 2014, which was $611,648. Comparing January 2014 to December 2013, Mount Washington saw a 13% decrease in

average sale price, but a 31% increase compared to same month of the prior year.

MOUNT WASHINGTON


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

44



Among Los Angeles’ most desired neighborhoods, Pacific Palisades sits against a

stunning backdrop with views of the Santa Monica mountains, the Pacific Coast,

and several canyons that run between them. Pacific Palisades is home to the well-

known J. Paul Getty Villa museum and beautiful parks offering sporting activities and

breathtaking views including Topanga Canyon State Park, Will Rogers State Historic

Park and Polo Club, and Rustin Canyon Park, as well as community events such as the

annual parade and fireworks display. Pacific Palisades offers sophisticated traditional

estates, dramatic architectural residences, custom-built properties and inviting homes

close to Palisades Village. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

PACIFIC PALISADES


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $2,880,231 $- $2,003,306 $4,853,313 Average List Price per Square Foot $865.42 $- $789.09 $961.75


Average Sold Price per Square Foot $840.99 $- $780.46 $917.38















Average List Price 11% -100% 8% -7%


Average Sold Price 12% -100% 8% -6%


Total SFH Sold -19% -100% -20% 7%




(Source: MLS/CLAW)

45

CONDOMINIUM SALES

PACIFIC PALISADES MARKET OVERVIEW - JANUARY

In Pacific Palisades there were 14 single family home sales in January 2014, up from 12 in January 2013 and a 36% decrease from the 22

sales closed last month. The average list price for single family home sales in January 2014 was $2,642,286 compared to $2,112,292 for

January 2013, representing a 25% increase. For the three-month period from November to January 2014, the average list price was 11%

higher than the same period of the prior year. Average sales price for January 2014 was $2,495,214, compared to that of November

through January 2014, which was $2,808,853. Comparing January 2014 to December 2013, Pacific Palisades saw a 26% decrease in average


PACIFIC PALISADES


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $958,136 $713,742 $999,000 $3,850,000 Average List Price per Square Foot $578.06 $473.88 $670.92 $1,057.11

















Average List Price 22% -2% -16% 0%




Total Condos Sold -13% -14% -50% 0%




(Source: MLS/CLAW)

46



Adjacent to Culver City and minutes from the ocean and UCLA is the community

of Palms – Mar Vista. Named after its magnificent views of the ocean along its hilly

border near Santa Monica, Palms – Mar Vista is one of the oldest communities in Los

Angeles and one of the least dense in all of West Los Angeles. Palms – Mar Vista is full

of homes built during the 1920s and 1930s as well as an abundance of wonderfully

preserved mid-century modern architecture. Those seeking 1920s homes, 1930s

homes and mid-century modern architecture can also enjoy the area’s Mar Vista Park,

covering an entire city block with a new recreation center and roller hockey rink.


PALMS - MAR VISTA


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total SFH Sold -7% -38% 157% 0%

Total SFH for Sale at End of Period 29% -6% 110% -100%



(Source: MLS/CLAW)

47

CONDOMINIUM SALES

PALMS - MAR VISTA MARKET OVERVIEW - JANUARY

In Palms - Mar Vista there were 21 single family home sales in January 2014, down from 23 in January 2013 and a 32% decrease from




through January 2014, which was $1,060,056. Comparing January 2014 to December 2013, Palms - Mar Vista saw a 20% decrease in


PALMS - MAR VISTA


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

48



Playa Del Rey is a bedroom community along the beach, south and adjacent to the

Marina Del Rey harbor channel. Its early history dates back to a land grant in 1839

from the Mexican governor. Today Playa Del Rey real estate includes a mix of 1920’s

homes, beach cottages from the 1940’s and multi-million dollar elegant new houses.

Only 10 minutes from Los Angeles International Airport, Playa Del Rey also is home to

Dockweiler Beach Park, a popular short term camping area for recreational vehicles.


PLAYA DEL REY


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $1,543,400 $922,000 $1,086,600 $3,617,500 Average List Price per Square Foot $685.71 $1,253.29 $492.03 $781.40


Average Sold Price per Square Foot $656.57 $1,195.74 $484.42 $733.34























(Source: MLS/CLAW)

49

CONDOMINIUM SALES

PLAYA DEL REY MARKET OVERVIEW - JANUARY

In Playa Del Rey there were 9 condominium sales in January 2014, up from 8 in January 2013 and a 40% decrease from the 15 sales closed

last month. The average list price for condo sales in January 2014 was $456,778 compared to $365,363 for January 2013, representing a

25% increase. For the three-month period from November to January 2014, the average list price was 35% higher than the same period


$506,026. Comparing January 2014 to December 2013, Playa Del Rey saw a 12% decrease in average sale price, but a 24% increase


PLAYA DEL REY


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

50



Playa Vista, bordered by Marina Del Rey, Loyola Marymount University and

Westchester, was recognized in1998 as one of the most technologically advanced

communities ever planned and has led the nation as an early model for sustainable

development. With a range of properties from luxury to affordable, Playa Vista features

an array of parks, recreational amenities and a wildlife preserve. Playa Vista is a fully

connected community with complete broadband and telecommunications capabilities

and is home to gaming giants Electronic Arts and the architectural firm of Frank Gehry.

The area features a mix of luxury and affordable housing, office and commercial space.


PLAYA VISTA


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $1,499,000 $- $1,499,000 $- Average List Price per Square Foot $398.04 $- $398.04 $-

Average Sold Price $1,460,000 $- $1,460,000 $-

Average Sold Price per Square Foot $387.68 $- $387.68 $-

Total SFH Sold 1 - 1 -

Total SFH for Sale at End of Period 3 - 3 -




Average List Price $1,149,000 $- $1,149,000 $-

Average List Price per Square Foot $386.61 $- $386.61 $-

Average Sold Price $1,100,000 $- $1,100,000 $-

Average Sold Price per Square Foot $370.12 $- $370.12 $-

Total SFH Sold 1 - 1 -

Total SFH for Sale at End of Period 1 - 1 -












(Source: MLS/CLAW)

51

CONDOMINIUM SALES

PLAYA VISTA MARKET OVERVIEW - JANUARY

In Playa Vista there were 5 condominium sales in January 2014, down from 6 in January 2013 and a 55% decrease from the 11 sales closed

last month. The average list price for condo sales in January 2014 was $653,400 compared to $495,250 for January 2013, representing a

32% increase. For the three-month period from November to January 2014, the average list price was 23% higher than the same period


$652,010. Comparing January 2014 to December 2013, Playa Vista saw a 4% decrease in average sale price, but a 28% increase compared

to same month of the prior year.

PLAYA VISTA


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

52



Santa Monica offers more than simply a home. There are fishing and yacht clubs

and exquisite fine dining right in your own backyard. Santa Monica is located on the

Westside of Los Angeles and is comprised of 8.3 square miles of vibrant commercial

districts, neighboring residential communities and a terrific public school system.

Centered on three miles of wide, white, sandy beaches, Santa Monica has become a

popular international destination, with many attractions such as The Santa Monica pier,

Third Street Promenade, Main Street, and the ultra chic Montana Avenue.


SANTA MONICA


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


















Average List Price -3% -1% 4% 39%


Average Sold Price -3% -3% 6% 36%


Total SFH Sold -31% 0% -29% -64%




(Source: MLS/CLAW)

53

CONDOMINIUM SALES

SANTA MONICA MARKET OVERVIEW - JANUARY

In Santa Monica there were 7 single family home sales in January 2014, down from 11 in January 2013 and a 68% decrease from the 22

sales closed last month. The average list price for single family home sales in January 2014 was $1,913,286 compared to $2,354,818 for

January 2013, representing a 19% decrease. For the three-month period from November to January 2014, the average list price was

3% lower than the same period of the prior year. Average sales price for January 2014 was $1,937,388, compared to that of November

through January 2014, which was $2,016,383. Comparing January 2014 to December 2013, Santa Monica was flat in average sale price,

and a 19% decrease compared to same month of the prior year.

SANTA MONICA


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $850,306 $634,797 $1,327,794 $4,550,000 Average List Price per Square Foot $684.73 $582.06 $792.96 $1,413.26





















Total Condos Sold -9% -8% -23% 0%




(Source: MLS/CLAW)

54



The hilly neighborhood of Silverlake can be found east of Hollywood and northwest

of Downtown Los Angeles. Silverlake is the home of its namesake reservoir and

its reputable music scene. The community is both socioeconomically and ethnically

diverse bringing it tremendous character. Echo Park is one of Los Angeles’ most

long-established neighborhoods, finding its origin in the late 1880’s. Its rolling hills and

steep bluffs enrich this prime location featuring Craftsman-style homes, Spanish-style

bungalows, and modern architecture. This Eastside enclave is the home to the annual

Lotus Festival, the Cuban Festival, and historic Filipinotown as well as many famous

residents. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

SILVERLAKE - ECHO PARK


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total SFH Sold -12% -33% 533% 0%




(Source: MLS/CLAW)

55

CONDOMINIUM SALES

SILVERLAKE - ECHO PARK MARKET OVERVIEW - JANUARY

In Silver Lake - Echo Park there were 14 single family home sales in January 2014, down from 24 in January 2013 and a 55% decrease from




through January 2014, which was $824,279. Comparing January 2014 to December 2013, Silver Lake - Echo Park saw a 5% decrease in


SILVERLAKE - ECHO PARK


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

56



The Sunset Strip is the world famous stretch of Sunset Boulevard in West Hollwood

that stretches from Hollywood to Beverly Hills. The Strip, which includes Sunset Plaza,

is known for its famous collection of shops and boutiques, cafes and restaurants, rock

joints, and night clubs. It is easily idenifiable with its colorful collection of billboards

and is located at the base of the Hollywood Hills and is just below the famed “Bird

Streets” – from Blue Jay, Tanager and Thrush Ways to Nightingale, and Kinglet Drives

- a favorite area of A-List celebrities from Hollywood stars to the most well known

international music acts to call home. Many celebrities enjoy the amazing cities views

they get perched among the hills. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN

SUNSET STRIP - HOLLYWOOD HILLS


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total SFH Sold -22% -38% -12% -15%



Average Sold Price/Original List Price Ratio -2% 2% 2% -9%

(Source: MLS/CLAW)

57

CONDOMINIUM SALES

SUNSET STRIP - HOLLYWOOD HILLS MARKET OVERVIEW - JANUARY

In Sunset Strip - Hollywood Hills West there were 25 single family home sales in January 2014, up from 23 in January 2013 and a 11%

decrease from the 28 sales closed last month. The average list price for single family home sales in January 2014 was $1,487,310 compared

to $1,915,978 for January 2013, representing a 22% decrease. For the three-month period from November to January 2014, the average

list price was 26% higher than the same period of the prior year. Average sales price for January 2014 was $1,455,140, compared to that

of November through January 2014, which was $1,988,973. Comparing January 2014 to December 2013, Sunset Strip - Hollywood Hills

West saw a 46% decrease in average sale price, and a 19% decrease compared to same month of the prior year.

SUNSET STRIP - HOLLYWOOD HILLS


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M










Average List Price per Square Foot $515.84 $363.67 $1,058.71 $-


Average Sold Price per Square Foot $499.57 $356.56 $1,009.78 $-







Average List Price per Square Foot -16% 20% -100% 0%


Average Sold Price per Square Foot -14% 20% -100% 0%

Total Condos Sold 28% 53% -100% 0%




(Source: MLS/CLAW)

58



Venice is a beachfront district on the Westside of Los Angeles, California, known for

its bungalows, cottages, condos and oceanfront properties. A short walk from some

of the finest and trendiest beachside restaurants and bars in Los Angeles, Venice offers

surfing, kayaking, boating, biking, boogie boarding and outdoor summer concerts. The

famous Venice Beach Strip and Muscle Beach are a short walk away. With its variety of

bungalows, cottages, condos and oceanfront listings, Venice is an ideal retreat for family,

friends or couples, for work or play, and is one of Los Angeles’s most sought-after

neighborhoods. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

VENICE


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M























Total SFH for Sale at End of Period 3% -67% 32% -33%

Average Monthly Supply of Inventory -2% 0% 0% -33%


(Source: MLS/CLAW)

59

CONDOMINIUM SALES

VENICE MARKET OVERVIEW - JANUARY

In Venice there were 17 single family home sales in January 2014, up from 12 in January 2013 and a 37% decrease from the 27 sales closed

last month. The average list price for single family home sales in January 2014 was $1,343,524 compared to $1,537,667 for January 2013,

representing a 13% decrease. For the three-month period from November to January 2014, the average list price was 6% higher than

the same period of the prior year. Average sales price for January 2014 was $1,360,412, compared to that of November through January

2014, which was $1,608,560. Comparing January 2014 to December 2013, Venice saw a 24% decrease in average sale price, and a 11%

decrease compared to same month of the prior year.

VENICE


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M



















Average List Price per Square Foot -16% -14% -17% 0%


Average Sold Price per Square Foot -15% -15% -15% 0%


Total Condos for Sale at End of Period -25% -100% -100% 0%



(Source: MLS/CLAW)

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West Hollywood is a thriving, diverse community on the leading edge of culture,

entertainment, and design - and is home to the internationally reknown Pacific Design

Center. Minutes away is the Hollywood Bowl, The Greek Theatre, and The Getty

Center. The uniquely compact city boasts the Sunset Strip, Santa Monica Boulevard,

Robertson, and Melrose; truly Los Angeles’ Mecca for fashion, fine dining, unparalleled

nightlife, and the world-renowned entertainment industry. Incorporated in 1984, West

Hollywood has been instrumental since its start in achieving cultural, environmental,

and political breakthroughs.


WEST HOLLYWOOD


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $1,394,600 $866,667 $1,481,900 $4,400,000 Average List Price per Square Foot $652.50 $607.29 $667.87 $-


















Average List Price per Square Foot -14% 2% -23% 0%


Average Sold Price per Square Foot -14% 4% -23% 0%





(Source: MLS/CLAW)

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CONDOMINIUM SALES

WEST HOLLYWOOD MARKET OVERVIEW - JANUARY

In West Hollywood Vicinity there were 17 single family home sales in January 2014, up from 3 in January 2013 and a 113% increase from

the 8 sales closed last month. The average list price for single family home sales in January 2014 was $1,506,888 compared to $737,667



through January 2014, which was $1,397,209. Comparing January 2014 to December 2013, West Hollywood Vicinity saw a 6% increase in


WEST HOLLYWOOD


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M

Average List Price $742,478 $609,081 $1,272,481 $3,850,000 Average List Price per Square Foot $568.78 $522.15 $679.47 $941.78

























(Source: MLS/CLAW)

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Surrounded by Santa Monica, Beverly Hills, the ocean and the Santa Monica Mountains

is the city of West Los Angeles, known for its 1920s, mid-century and contemporary

architecture. With its rolling hills and proximity to the ocean, West Los Angeles was

originally developed as an upscale community and is still considered one of the most

desirable areas to live in Los Angeles today. With its central location between Los

Angeles and the ocean, West Los Angeles has attracted a diverse range of commercial

development to add to its 1920s through mid-century and contemporary architecture.

The area is also home to some of the world’s finest shopping along the famous

Wilshire Boulevard. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA

WEST LOS ANGELES


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total SFH Sold -13% -23% 200% 0%

Total SFH for Sale at End of Period -46% -45% -50% 0%



(Source: MLS/CLAW)

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CONDOMINIUM SALES

WEST LOS ANGLES MARKET OVERVIEW - JANUARY

In West Los Angeles there were 11 condominium sales in January 2014, which is the same as January 2013 and a 15% decrease from the

13 sales closed last month. The average list price for condo sales in January 2014 was $579,727 compared to $530,091 for January 2013,

representing a 9% increase. For the three-month period from November to January 2014, the average list price was 19% higher than the

same period of the prior year. Average sales price for January 2014 was $574,591, compared to that of November through January 2014,

which was $676,333. Comparing January 2014 to December 2013, West Los Angeles saw a 20% decrease in average sale price, but a 9%

increase compared to same month of the prior year.

WEST LOS ANGELES


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


























(Source: MLS/CLAW)

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Westwood is a neighborhood in the northern central portion of the Westside of Los

Angeles, California, known for its condos, townhomes, California bungalows and single-

family homes. Westwood is the home of the University of California, Los Angeles

(UCLA), and is also a center for movie-going on the Westside and the site of many

movie premieres. Century City is a 176-acre commercial and residential district on the

Westside of the city of Los Angeles. Century City is also an important business center.

Many law firms and executives, particularly those with ties to the film, television and

music industries, have offices there.


WESTWOOD - CENTURY CITY


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M






















Total SFH Sold -2% -33% 8% -33%




(Source: MLS/CLAW)

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CONDOMINIUM SALES

WESTWOOD - CENTURY CITY MARKET OVERVIEW - JANUARY

In Westwood - Century City there were 24 condominium sales in January 2014, down from 25 in January 2013 and a 41% decrease from

the 41 sales closed last month. The average list price for condo sales in January 2014 was $1,003,875 compared to $888,800 for January



January 2014, which was $984,406. Comparing January 2014 to December 2013, Westwood - Century City saw a 1% decrease in average


WESTWOOD - CENTURY CITY


NOV - JAN 2014 ALL < $1M $1M - $3M > $3M


















Average List Price 9% 5% -3% -7%




Total Condos Sold 10% 13% -30% 167%




(Source: MLS/CLAW)

Los Angeles Market Update January 2014

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