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deasy/penner Q1 2016 Market Analysis Report A guide to market performance and analysis. Explore your neighborhood today.
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deasy/penner&partners
MARKET REPORT
deasypenner.com
Q1 2016
YOUR GUIDE TO MARKET PERFORMANCE & ANALYSIS
The Market Report :: Q1 2016 deasypenner.com
la county :: market snapshot
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Q1 2016
$550,000
$413
10,035
64
Q1 2016
$423,000
$399
3,549
63
Data*
Median Price
Avg. Price / Sq. Ft.
Properties Sold
Days on Market
Data*
Median Price
Avg. Price / Sq. Ft.
Properties Sold
Days on Market
Q1 2015
$509,000
$383
9,707
66
Q1 2015
$410,000
$381
3,578
67
% Change
8.06%
8.08%
3.38%
-3.03%
% Change
3.17%
4.67%
-0.81%
-5.97%
SINGLE FAMILY HOMES CONDOMINIUM HOMES
MEDIAN PRICE MEDIAN PRICE
vs Q1 2015
$509,000
$550,000 $423,000+8%
DAYS ON THE MARKET
Q1 2016 Q1 2015
PROPERTIES SOLD
3,549
3,578
-1%64DAYS
66DAYS
Q1 2015Q1 2016
vs Q1 2015
$410,000+3%
EXPLORE YOURNEIGHBORHOOD
The Market Report :: Q1 2016 deasypenner.com
los angeles area
# OF SALES
40
25
47
41
41
19
39
23
53
25
29
54
97
86
58
109
42
31
21
880
NEIGHBORHOOD
Beverly Hills
Beverly Hills PO
Beverlywood
Beverly Center - Miracle
Brentwood
Cheviot Hills - Rancho Park
Culver City
Downtown LA
Hancock Park - Wilshire
Hollywood
Hollywood Hills East
Los Feliz
Mid - Los Angeles
Silver Lake - Echo Park
Studio City
Sunset Strip - HH West
Westwood - Century City
West Hollywood
West LA
TOTAL/AVERAGE
AVG. SALE PRICE
$4,270,000
$2,445,000
$1,220,000
$1,434,000
$2,580,000
$1,690,000
$990,000
$290,000
$1,471,337
$843,900
$1,140,000
$1,500,000
$530,000
$955,000
$1,316,600
$1,745,000
$1,631,000
$1,585,000
$975,000
$1,505,886
AVG. $ / SQ. FT.
$1,216
$966
$662
$729
$923
$756
$682
$249
$633
$568
$628
$655
$413
$598
$579
$892
$859
$970
$799
$725
NEIGHBORHOOD FOCUS Q1 2016 SINGLE FAMILY HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
los angeles area
MEDIAN PRICE CHANGE Q1 2016 — Q1 2015 SINGLE FAMILY HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
36%
Beve
rlyw
ood
17%
Hanc
ock
Park
- W
ilshi
re
41%
Beve
rly H
ills
PO
4%
Culv
er C
ity
-8%
Bren
twoo
d
1%Ho
llyw
ood
Hills
Eas
t-4%
Beve
rly H
ills
4%
Beve
rly C
ente
r - M
iracle
-15%
Holly
woo
d
-6%
Dow
ntow
n LA
16%
Chev
iot H
ills
- Ran
cho
Park
12%
Los
Feliz
12%
Mid
- Lo
s Ang
eles
-3%
Wes
twoo
d - C
entu
ry C
ity
12%
Stud
io C
ity
7%
Wes
t LA
-1%
Wes
t Hol
lywoo
d
3%
Suns
et S
trip
- HH
Wes
t
26%
Silv
er L
ake
- Ech
o Pa
rk
–
+
The Market Report :: Q1 2016 deasypenner.com
los angeles area
# OF SALES
32
NA
10
19
61
NA
40
62
36
25
8
7
4
6
46
22
115
85
38
616
NEIGHBORHOOD
Beverly Hills
Beverly Hills PO
Beverlywood
Beverly Center - Miracle
Brentwood
Cheviot Hills - Rancho Park
Culver City
Downtown LA
Hancock Park - Wilshire
Hollywood
Hollywood Hills East
Los Feliz
Mid - Los Angeles
Silver Lake - Echo Park
Studio City
Sunset Strip - HH West
Westwood - Century City
West Hollywood
West LA
TOTAL/AVERAGE
AVG. SALE PRICE
$1,151,500
NA
$672,500
$590,000
$962,500
NA
$456,000
$607,500
$475,000
$622,500
$449,250
$595,000
$469,500
$624,500
$550,000
$570,000
$800,000
$685,000
$681,000
$644,809
AVG. $ / SQ. FT.
$642
NA
$513
$573
$605
NA
$451
$621
$481
$516
$449
$533
$368
$484
$421
$522
$595
$659
$532
$527
NEIGHBORHOOD FOCUS Q1 2016 CONDOMINIUM HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
los angeles area
MEDIAN PRICE Q1 2016 — Q1 2015 CONDOMINIUM HOMES
$200K
$250K
$500K
$750K
$1M
Beve
rlyw
ood
Hanc
ock
Park
- W
ilshi
re
Beve
rly H
ills
PO
Culv
er C
ity
Bren
twoo
d
Holly
woo
d Hi
lls E
ast
Beve
rly H
ills
Beve
rly C
ente
r - M
iracle
Holly
woo
d
Dow
ntow
n LA
Chev
iot H
ills
- Ran
cho
Park
Los
Feliz
Mid
- Lo
s Ang
eles
Wes
twoo
d - C
entu
ry C
ity
Stud
io C
ity
Wes
t LA
Wes
t Hol
lywoo
d
Suns
et S
trip
- HH
Wes
t
Silv
er L
ake
- Ech
o Pa
rk
2016 2015
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
Q1 2016
$4,270,000$1,216
4081
Q1 2015
$4,450,000$1,273
33105
% CHANGE
-4.04%-4.49%21.21%
-22.86%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$1,151,500$642
3269
Q1 2015
$1,170,000$639
3294
% CHANGE
-1.58%0.39%0.00%
-26.60%
BEVERLY HILLS SFR CONDO
Q1 2016
$1,220,000$662
4755
Q1 2015
$895,000$600
4557
% CHANGE
36.31%10.33%
4.44%-3.51%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$672,500$513
1047
Q1 2015
$598,250$455
1458
% CHANGE
12.41%12.94%
-28.57%-18.97%
BEVERLYWOOD SFR CONDO
Q1 2016
$2,445,000$966
2585
Q1 2015
$1,734,000$720
28101
% CHANGE
41.00%34.15%
-10.71%-15.84%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
NANANANA
Q1 2015
NANANANA
% CHANGE
NANANANA
BEVERLY HILLS PO SFR CONDO
Q1 2016
$1,434,000$729
4149
Q1 2015
$1,380,000$684
3957
% CHANGE
3.91%6.50%5.13%
-14.04%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$590,000$573
1958
Q1 2015
$679,250$502
2475
% CHANGE
-13.14%14.15%
-20.83%-22.67%
BEVERLY CENTER :: MIRACLE SFR CONDO
Q1 2016
$2,580,000$923
4185
Q1 2015
$2,800,000$881
3371
% CHANGE
-7.86%4.73%
24.24%19.72%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$962,500$605
6169
Q1 2015
$735,000$547
4575
% CHANGE
30.95%10.50%35.56%-8.00%
BRENTWOOD SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
Q1 2016
$1,690,000$756
1986
Q1 2015
$1,455,000$750
1980
% CHANGE
16.15%0.87%0.00%7.50%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
NANANANA
Q1 2015
NANANANA
% CHANGE
NANANANA
CHEVIOT HILLS :: RANCHO PARK SFR CONDO
Q1 2016
$290,000$249
2396
Q1 2015
$307,000$257
2885
% CHANGE
-5.54%-3.34%
-17.86%12.94%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$607,500$621
6284
Q1 2015
$560,000$565
10772
% CHANGE
8.48%9.98%
-42.06%16.67%
DOWNTOWN LA SFR CONDO
Q1 2016
$990,000$682
3957
Q1 2015
$950,000$640
4255
% CHANGE
4.21%6.59%
-7.14%3.64%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$456,000$451
4048
Q1 2015
$430,000$406
6252
% CHANGE
6.05%11.01%
-35.48%-7.69%
CULVER CITY SFR CONDO
Q1 2016
$1,471,337$633
5368
Q1 2015
$1,252,412$582
6263
% CHANGE
17.48%8.71%
-14.52%7.94%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$475,000$481
3665
Q1 2015
$525,000$446
3863
% CHANGE
-9.52%8.02%
-5.26%3.17%
HANCOCK PARK :: WILSHIRE SFR CONDO
Q1 2016
$843,900$568
2559
Q1 2015
$998,212$741
2070
% CHANGE
-15.46%-23.40%25.00%
-15.46%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$622,500$516
2565
Q1 2015
$645,000$538
2275
% CHANGE
-3.49%-4.08%13.64%
-13.33%
HOLLYWOOD SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
Q1 2016
$1,140,000$628
2963
Q1 2015
$1,135,000$557
2690
% CHANGE
0.44%12.83%11.54%
-30.00%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$449,250$449
865
Q1 2015
$385,000$411
1149
% CHANGE
16.69%9.17%
-27.27%32.65%
HOLLYWOOD HILLS EAST SFR CONDO
Q1 2016
$530,000$413
9747
Q1 2015
$475,000$319
8564
% CHANGE
11.58%29.32%14.12%
-26.56%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$469,500$368
460
Q1 2015
$360,000$300
2172
% CHANGE
30.42%22.38%
100.00%-65.12%
MID LOS ANGELES SFR CONDO
Q1 2016
$1,500,000$655
5473
Q1 2015
$1,337,500$607
4870
% CHANGE
12.15%8.02%
12.50%4.29%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$595,000$533
764
Q1 2015
$494,500$537
1250
% CHANGE
20.32%-0.69%
-41.67%28.00%
LOS FELIZ SFR CONDO
Q1 2016
$955,000$598
8662
Q1 2015
$757,500$598
7654
% CHANGE
26.07%0.00%
13.16%14.81%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$624,500$484
694
Q1 2015
$595,000$435
750
% CHANGE
4.96%11.26%
-14.29%88.00%
SILVER LAKE :: ECHO PARK SFR CONDO
Q1 2016
$1,316,600$579
5868
Q1 2015
$1,173,500$560
5666
% CHANGE
12.19%3.38%3.57%3.03%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$550,000$421
4672
Q1 2015
$485,000$387
4365
% CHANGE
13.40%8.99%6.98%
10.77%
STUDIO CITY SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
Q1 2016
$1,745,000$892
10983
Q1 2015
$1,700,000$795
9380
% CHANGE
2.65%12.15%17.20%
3.75%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$570,000$522
2254
Q1 2015
$563,750$771
2267
% CHANGE
1.11%1
-32.37%0.00%
-19.40%
SUNSET STRIP :: HH WEST SFR CONDO
Q1 2016
$1,585,000$970
3156
Q1 2015
$1,600,000$806
3562
% CHANGE
-0.94%20.34%
-11.43%-9.68%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$685,000$659
8557
Q1 2015
$650,000$578
10272
% CHANGE
5.38%13.94%
-16.67%-20.83%
WEST HOLLYWOOD SFR CONDO
Q1 2016
$1,631,000$859
4240
Q1 2015
$1,680,000$811
2668
% CHANGE
-2.92%5.97%
61.54%-41.18%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$800,000$595
11576
Q1 2015
$753,500$555
11478
% CHANGE
6.17%7.21%0.88%
-2.56%
WESTWOOD :: CENTURY CITY SFR CONDO
Q1 2016
$975,000$799
2147
Q1 2015
$910,000$685
2064
% CHANGE
7.14%16.64%
5.00%-26.56%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$681,000$532
3852
Q1 2015
$630,000$493
4974
% CHANGE
8.10%7.85%
-22.45%-29.73%
WEST LA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
# OF SALES
12
39
13
57
69
NA
48
45
283
NEIGHBORHOOD
Malibu Beach
Malibu
Marina Del Rey
Pacific Palisades
Palms - Mar Vista
Playa Vista
Santa Monica
Venice
TOTAL/AVERAGE
AVG. SALE PRICE
$9,225,000
$2,300,000
$875,000
$2,724,000
$1,284,000
NA
$2,995,000
$1,882,378
$3,040,768
PRICE / SQ. FT.
$2,858
$773
$823
$1,043
$835
NA
$1,056
$1,240
$1,232
NEIGHBORHOOD FOCUS Q1 2016 SINGLE FAMILY HOMES
westside la area
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
westside la area
PROPERTIES SOLDQ1 2016 — Q1 2015 SINGLE FAMILY HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
15
30
0
45
60
75
90
105
Malibu Beach
Palms Mar Vista
Marina Del Rey
Santa Monica
Malibu Playa Vista
Pacific Palisades
Venice
2016 2015 % Change
+71% -13%
0%
0%+11%
0%
+14%+18%
The Market Report :: Q1 2016 deasypenner.com
# OF SALES
2
11
52
18
19
27
87
7
223
NEIGHBORHOOD
Malibu Beach
Malibu
Marina Del Rey
Pacific Palisades
Palms - Mar Vista
Playa Vista
Santa Monica
Venice
TOTAL/AVERAGE
AVG. SALE PRICE
$1,415,000
$783,000
$812,000
$875,000
$580,000
$900,000
$895,000
$1,625,000
$985,625
PRICE / SQ. FT.
$1,050
$617
$643
$580
$515
$651
$895
$994
$743
NEIGHBORHOOD FOCUS Q1 2016 CONDOMINIUM HOMES
westside la area
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
westside la area
PROPERTIES SOLD CHANGEQ1 2016 — Q1 2015 CONDOMINIUM HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Malibu Beach
Palms - Mar Vista
NA
+22%
-16%
-23%
-19%
-42%
40-40 20-20 60-60
-10%
+50%
Marina Del Rey
Pacific Palisades
Santa Monica
Venice
Malibu
Playa Vista
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: WESTSIDE AREA
Q1 2016
$9,225,000$2,858
12172
Q1 2015
$3,850,000$1,867
7206
% CHANGE
139.61%53.07%71.43%
-16.50%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$1,415,000$1,050
263
Q1 2015
NANANANA
% CHANGE
NANANANA
MALIBU BEACH SFR CONDO
Q1 2016
$875,000$823
1365
Q1 2015
$2,150,000$670
1563
% CHANGE
-59.30%22.74%
-13.33%3.17%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$812,000$643
5287
Q1 2015
$847,500$577
6268
% CHANGE
-4.19%11.48%
-16.13%27.94%
MARINA DEL REY SFR CONDO
Q1 2016
$2,300,000$773
39104
Q1 2015
$2,084,625$703
39151
% CHANGE
10.33%10.05%0.00%
-31.13%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$783,000$617
11127
Q1 2015
$880,000$564
986
% CHANGE
-11.02%9.38%
22.22%47.67%
MALIBU SFR CONDO
Q1 2016
$2,724,000$1,043
5765
Q1 2015
$3,100,000$968
5766
% CHANGE
-12.13%7.71%0.00%
-1.52%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$875,000$580
1862
Q1 2015
$822,500$622
1272
% CHANGE
6.38%-6.87%50.00%
-13.89%
PACIFIC PALISADES SFR CONDO
Q1 2016
$1,284,000$835
6950
Q1 2015
$1,064,500$689
6258
% CHANGE
20.62%21.16%11.29%
-13.79%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$580,000$515
1945
Q1 2015
$572,000$444
2154
% CHANGE
1.40%16.16%-9.52%
-16.67%
PALMS :: MAR VISTA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: WESTSIDE AREA
Q1 2016
NANANANA
Q1 2015
$1,795,000$528
528
% CHANGE
NANANANA
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$900,000$651
2745
Q1 2015
$775,000$499
3563
% CHANGE
16.13%30.58%
-22.86%-28.57%
PLAYA VISTA SFR CONDO
Q1 2016
$1,882,378$1,240
4560
Q1 2015
$1,516,500$1,039
3870
% CHANGE
24.13%19.38%18.42%
-14.29%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$1,625,000$994
779
Q1 2015
$1,200,000$746
1251
% CHANGE
35.42%33.24%
-41.67%54.90%
VENICE SFR CONDO
Q1 2016
$2,995,000$1,056
4853
Q1 2015
$2,300,000$1,129
4252
% CHANGE
30.22%-6.51%14.29%
1.92%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$895,000$895
8750
Q1 2015
$899,000$835
10865
% CHANGE
-0.44%7.14%
-19.44%-23.08%
SANTA MONICA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
pasadena + san gabriel valley area
# OF SALES
33
86
70
4
53
76
52
59
52
56
25
90
31
38
19
37
43
32
18
21
74
969
NEIGHBORHOOD
Alhambra
Arcadia
Altadena
Bradbury
Eagle Rock
Glendora
Highland Park
La Crescenta / Glendale
La Cañada Flintridge
Monrovia
Mount Washington
Pasadena NE
Pasadena NW
Pasadena SE
Pasadena SW
Rosemead / South San Gabriel
San Gabriel
San Marino
Sierra Madre
South Pasadena
Sunland / Tujunga
TOTAL/AVERAGE
AVG. SALE PRICE
$620,000
$1,205,000
$711,000
$952,500
$772,500
$526,500
$577,500
$760,000
$1,580,000
$616,651
$785,000
$752,500
$660,000
$977,500
$1,150,000
$505,000
$758,000
$1,952,500
$1,114,000
$1,005,000
$525,000
$881,245
PRICE / SQ. FT.
$406
$536
$429
$381
$502
$356
$516
$494
$630
$439
$474
$490
$512
$563
$609
$392
$441
$838
$542
$564
$357
$499
NEIGHBORHOOD FOCUS Q1 2016 SINGLE FAMILY HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
pasadena + san gabriel valley area
AVERAGE DAYS ON MARKET Q1 2016 SINGLE FAMILY HOMES
Eagl
e Ro
ck
Rose
mea
d / S
outh
San
Gab
riel
Arca
dia
Alta
dena
Mou
nt W
ashi
ngto
n
Mon
rovi
a
High
land
Par
k
San
Mar
ino
Alha
mbr
a
Gle
ndor
a
San
Gab
riel
Brad
bury
Pasa
dena
NE
Pasa
dena
NW
Pasa
dena
SE
Pasa
dena
SW
La C
resc
enta
/ G
lend
ale
La C
añad
a Fl
intri
dge
Sier
ra M
adre
Sunl
and
/ Tuj
unga
Sout
h Pa
sade
na
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Avg DOM
62
131
76
53
64
53 48
5854
63
7383
7477
61
45
60
5156
61
52
The Market Report :: Q1 2016 deasypenner.com
pasadena + san gabriel valley area
# OF SALES
24
38
NA
NA
NA
8
3
27
2
16
NA
19
14
66
32
10
14
NA
7
11
8
299
NEIGHBORHOOD
Alhambra
Arcadia
Altadena
Bradbury
Eagle Rock
Glendora
Highland Park
La Crescenta / Glendale
La Cañada Flintridge
Monrovia
Mount Washington
Pasadena NE
Pasadena NW
Pasadena SE
Pasadena SW
Rosemead / South San Gabriel
San Gabriel
San Marino
Sierra Madre
South Pasadena
Sunland / Tujunga
TOTAL/AVERAGE
AVG. SALE PRICE
$454,944
$615,000
NA
NA
NA
$440,500
$385,000
$425,000
$953,000
$405,000
NA
$535,000
$460,000
$495,000
$694,900
$355,000
$444,995
NA
$625,000
$560,000
$390,450
$514,924
PRICE / SQ. FT.
$361
$380
NA
NA
NA
$285
$327
$385
$477
$362
NA
$365
$419
$460
$459
$315
$332
NA
$453
$414
$317
$382
NEIGHBORHOOD FOCUS Q1 2016 CONDOMINIUM HOMES
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
Q1 2016
$620,000$406
3362
Q1 2015
$585,000$391
4958
% CHANGE
5.98%3.82%
-32.65%6.90%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$454,944$361
2452
Q1 2015
$429,000$333
2356
% CHANGE
6.05%8.61%4.35%
-5.36%
ALHAMBRA SFR CONDO
Q1 2016
$711,000$429
7061
Q1 2015
$629,500$406
8469
% CHANGE
12.95%5.57%
-16.67%-11.59%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
NANANANA
Q1 2015
$259,500$307
219
% CHANGE
NANANANA
ALTADENA SFR CONDO
Q1 2016
$1,205,000$536
8676
Q1 2015
$1,300,000$571
8271
% CHANGE
-7.31%-6.27%4.88%7.04%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$615,000$380
3882
Q1 2015
$631,000$410
4456
% CHANGE
-2.54%-7.38%
-13.64%46.43%
ARCADIA SFR CONDO
Q1 2016
$952,500$381
4131
Q1 2015
$1,000,000$533
767
% CHANGE
-4.75%-28.49%-42.86%95.52%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
NANANANA
Q1 2015
NANANANA
% CHANGE
NANANANA
BRADBURY SFR CONDO
Q1 2016
$772,500$502
5352
Q1 2015
$655,000$495
3539
% CHANGE
17.94%1.32%
51.43%33.33%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
NANANANA
Q1 2015
$186,500$390
1207
% CHANGE
NANANANA
EAGLE ROCK SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
Q1 2016
$526,500$356
7677
Q1 2015
$536,000$335
7965
% CHANGE
-1.77%6.32%
-3.80%18.46%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$440,500$285
863
Q1 2015
$390,000$270
1385
% CHANGE
12.95%5.62%
-38.46%-25.88%
GLENDORA SFR CONDO
Q1 2016
$760,000$494
5953
Q1 2015
$675,000$461
6857
% CHANGE
12.59%7.09%
-13.24%-7.02%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$425,000$385
2755
Q1 2015
$511,000$350
1254
% CHANGE
-16.83%10.08%
125.00%1.85%
LA CRESCENTA :: GLENDALE SFR CONDO
Q1 2016
$577,500$516
5261
Q1 2015
$590,000$472
5957
% CHANGE
-2.12%9.40%
-11.86%7.02%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$385,000$327
320
Q1 2015
$281,500$363
420
% CHANGE
36.77%-9.87%
-25.00%0.00%
HIIGHLAND PARK SFR CONDO
Q1 2016
$1,580,000$630
5256
Q1 2015
$1,550,000$627
3556
% CHANGE
1.94%0.46%
48.57%0.00%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$953,000$477
242
Q1 2015
$510,000$413
349
% CHANGE
86.86%15.55%
-33.33%-14.29%
LA CAÑADA FLINTRIDGE SFR CONDO
Q1 2016
$616,651$439
5654
Q1 2015
$574,000$413
5457
% CHANGE
7.43%6.46%3.70%
-5.26%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$405,000$362
1663
Q1 2015
$400,000$337
2375
% CHANGE
1.25%7.21%
-30.43%-16.00%
MONROVIA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
Q1 2016
$785,000$474
2563
Q1 2015
$675,000$459
3179
% CHANGE
16.30%3.18%
-19.35%-20.25%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
NANANANA
Q1 2015
NANANANA
% CHANGE
NANANANA
MOUNT WASHINGTON SFR CONDO
Q1 2016
$660,000$512
3145
Q1 2015
$581,000$455
5878
% CHANGE
13.60%12.39%
-46.55%-42.31%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$460,000$419
1472
Q1 2015
$519,500$394
846
% CHANGE
-11.45%6.24%
75.00%56.52%
PASADENA NW SFR CONDO
Q1 2016
$752,500$490
9064
Q1 2015
$702,500$448
7849
% CHANGE
7.12%9.42%
15.38%30.61%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$535,000$365
1947
Q1 2015
$392,000$342
1649
% CHANGE
36.48%6.85%
18.75%-4.08%
PASADENA NE SFR CONDO
Q1 2016
$977,500$563
3851
Q1 2015
$1,050,000$560
3978
% CHANGE
-6.90%0.59%
-2.56%-34.62%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$495,000$460
6652
Q1 2015
$502,000$451
6784
% CHANGE
-1.39%2.03%
-1.49%-38.10%
PASADENA SE SFR CONDO
Q1 2016
$1,150,000$609
1953
Q1 2015
$1,046,500$562
1979
% CHANGE
9.89%8.25%0.00%
-32.91%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$694,900$459
3267
Q1 2015
$610,000$470
2647
% CHANGE
13.92%-2.26%23.08%42.55%
PASADENA SW SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
Q1 2016
$505,000$392
3773
Q1 2015
$486,944$381
3883
% CHANGE
3.71%2.84%
-2.63%-12.05%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$355,000$315
1078
Q1 2015
$385,000$287
566
% CHANGE
-7.79%9.50%
100.00%18.18%
ROSEMEAD :: S. SAN GABRIEL SFR CONDO
Q1 2016
$1,952,500$838
3283
Q1 2015
$2,237,500$879
2241
% CHANGE
-12.74%-4.63%45.45%
102.44%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
NANANANA
Q1 2015
NANANANA
% CHANGE
NANANANA
SAN MARINO SFR CONDO
Q1 2016
$758,000$441
4374
Q1 2015
$679,100$439
4850
% CHANGE
11.62%0.54%
-10.42%48.00%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$444,995$332
1461
Q1 2015
$430,500$308
671
% CHANGE
3.37%7.70%
133.33%-14.08%
SAN GABRIEL SFR CONDO
Q1 2016
$1,114,000$542
1848
Q1 2015
$923,500$482
2444
% CHANGE
20.63%12.33%
-25.00%9.09%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$625,000$453
758
Q1 2015
$600,000$445
365
% CHANGE
4.17%1.83%
133.33%-10.77%
SIERRA MADRE SFR CONDO
Q1 2016
$1,005,000$564
2158
Q1 2015
$948,000$555
2247
% CHANGE
6.01%1.57%
-4.55%23.40%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$560,000$414
1134
Q1 2015
$523,500$462
1140
% CHANGE
6.97%-10.51%
0.00%-15.00%
S. PASADENA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q1 2016 deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
Q1 2016
$525,000$357
7460
Q1 2015
$455,000$348
8555
% CHANGE
15.38%2.61%
-12.94%9.09%
Median PriceAvg Price / Sq. Ft.Properties SoldDays on Market
Q1 2016
$390,450$317
841
Q1 2015
$315,500$281
895
% CHANGE
23.76%12.78%
0.00%-56.84%
SUNLAND :: TUJUNGA SFR CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
CONTACT US
deasy/penner&partners
deasy/penner&partners is available to assist you with all your residential real estate needs. Should you be thinking about selling a property - or should you be in the market for a home or condominium, please contact us.
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