Palos Verdes Estates Annual Report 2010 Home Sales

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  • 8/8/2019 Palos Verdes Estates Annual Report 2010 Home Sales

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    Dec-09 vs. Dec-10: The median price of for sale properties is down 5% and the median price of sold properties is down 12%

    Realty Source - South Bay Palos Verdes

    Dec-09 vs. Dec-10

    1,789,500 -5%

    Kim Jones 310-295-1856

    1,700,000Dec-10

    Median For Sale vs. Median Sold

    ChangeDec-09 %-89,500

    Dec-09 Dec-10 %1,482,500 -12%

    Dec-09 vs. Dec-10

    1,309,150Change-173,350

    Clarus MarketMetrics 1 of 2 01/03/2011

    Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:Palos Verdes EstatesResidential: (Condominium, Single Family Residence)Period: All All

    Property Types:Cities:

    AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)MRMLS

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  • 8/8/2019 Palos Verdes Estates Annual Report 2010 Home Sales

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    Median For Sale vs. Median SoldDec-09 vs. Dec-10: The median price of for sale properties is down 5% and the median price of sold properties is down 12%

    Realty Source - South Bay Palos VerdesKim Jones 310-295-1856

    Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

    Difference

    Dec-10 91 161,700,000 1,309,150 -390,850

    Nov-10 105 41,799,000 1,137,000 -662,000

    Oct-10 122 171,797,000 1,475,000 -322,000

    Sep-10 125 201,725,000 1,605,000 -120,000

    Aug-10 136 81,742,000 1,297,500 -444,500

    Jul-10 131 141,775,000 1,437,500 -337,500

    Jun-10 126 141,737,000 1,365,000 -372,000

    May-10 120 271,725,000 1,580,000 -145,000Apr-10 123 131,725,000 1,750,000 25,000

    Mar-10 124 111,737,000 1,240,000 -497,000

    Feb-10 106 81,792,500 1,280,000 -512,500

    Jan-10 108 91,847,000 1,425,000 -422,000

    Dec-09 110 101,789,500 1,482,500 -307,000

    Clarus MarketMetrics Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    2 of 2 01/03/2011

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  • 8/8/2019 Palos Verdes Estates Annual Report 2010 Home Sales

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    Dec-1013

    Dec-0910

    %+30%

    Change3

    Dec-09 vs. Dec-10: The number of Under Contract properties is up 30%Under Contract Properties by Month

    Realty Source - South Bay Palos Verdes

    Dec-09 vs. Dec-10

    Kim Jones 310-295-1856

    Clarus MarketMetrics 1 of 2 01/03/2011

    Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:Palos Verdes EstatesResidential: (Condominium, Single Family Residence)Period: All All

    Property Types:Cities:

    AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)MRMLS

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  • 8/8/2019 Palos Verdes Estates Annual Report 2010 Home Sales

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    Under Contract Properties by MonthDec-09 vs. Dec-10: The number of Under Contract properties is up 30%

    Realty Source - South Bay Palos VerdesKim Jones 310-295-1856

    Time Period

    Full Market# Properties Median Price Average DOM

    Bank Properties# Properties % Bank Median Price

    Non-Bank Properties# Properties % Non-Bank Median Price

    Dec-10 1,344,80013 110 1,372,40092.3121,178,9007.71

    Nov-10 1,777,00010 100 1,727,00080.083,349,00020.02

    Oct-10 1,395,00014 87 1,495,00078.6111,295,00021.43

    Sep-10 1,175,00015 68 1,175,000100.0150

    Aug-10 1,599,00019 112 1,599,00089.5171,274,50010.52

    Jul-10 1,995,0009 82 1,847,50088.984,999,00011.11

    Jun-10 1,650,00012 123 1,725,00091.711836,4008.31

    May-10 1,387,50013 94 1,387,500100.0130Apr-10 1,524,00020 103 1,524,00080.0161,424,50020.04

    Mar-10 1,689,00024 77 1,799,00079.2191,267,90020.85

    Feb-10 1,527,5008 189 1,780,00087.57874,90012.51

    Jan-10 1,164,5008 87 1,169,00087.57849,90012.51

    Dec-09 1,687,00010 137 1,632,00080.081,824,50020.02

    Clarus MarketMetrics 2 of 2 01/03/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Dec-1011

    Dec-0915

    %-27%

    Change-4

    Dec-09 vs. Dec-10: The number of Expired properties is down 27%Expired Properties by Month

    Realty Source - South Bay Palos Verdes

    Dec-09 vs. Dec-10

    Kim Jones 310-295-1856

    Clarus MarketMetrics 1 of 2 01/03/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:Palos Verdes EstatesResidential: (Condominium, Single Family Residence)Period: All All

    Property Types:Cities:

    AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)MRMLS

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  • 8/8/2019 Palos Verdes Estates Annual Report 2010 Home Sales

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    Expired Properties by MonthDec-09 vs. Dec-10: The number of Expired properties is down 27%

    Realty Source - South Bay Palos VerdesKim Jones 310-295-1856

    Time Period Median Price# Properties Average DOM

    Full Market# Properties % Bank Median Price Median Price# Properties

    Bank Properties% Non-Bank

    Non-Bank Properties

    Dec-10 1,699,00011 89 0 11 100.0 1,699,000

    Nov-10 1,950,00011 93 0 11 100.0 1,950,000

    Oct-10 2,595,00019 145 2 10.5 1,247,500 17 89.5 2,599,000

    Sep-10 1,850,00014 137 1 7.1 785,000 13 92.9 1,975,000

    Aug-10 1,675,50016 155 2 12.5 2,474,500 14 87.5 1,675,500

    Jul-10 1,799,00015 120 2 13.3 2,099,950 13 86.7 1,560,000

    Jun-10 1,649,50016 122 1 6.2 2,399,999 15 93.8 1,600,000

    May-10 1,664,0007 48 0 7 100.0 1,664,000Apr-10 2,747,5004 127 0 4 100.0 2,747,500

    Mar-10 1,450,0009 179 0 9 100.0 1,450,000

    Feb-10 2,093,2508 191 2 25.0 1,079,500 6 75.0 2,384,250

    Jan-10 2,999,90019 109 0 19 100.0 2,999,900

    Dec-09 1,600,00015 189 0 15 100.0 1,600,000

    Clarus MarketMetrics 2 of 2 01/03/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 8/8/2019 Palos Verdes Estates Annual Report 2010 Home Sales

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    Dec-09 vs. Dec-10: The number of for sale properties is down 17% and the number of sold properties is up 60%

    Realty Source - South Bay Palos Verdes

    Dec-09 vs. Dec-10

    110 -17%

    Kim Jones 310-295-1856

    91Dec-10

    Supply & Demand by Month

    ChangeDec-09 %-19

    Dec-09 Dec-10 %10 +60%

    Dec-09 vs. Dec-10

    16Change

    6

    Clarus MarketMetrics 1 of 2 01/03/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:Palos Verdes EstatesResidential: (Condominium, Single Family Residence)Period: All All

    Property Types:Cities:

    AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)MRMLS

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  • 8/8/2019 Palos Verdes Estates Annual Report 2010 Home Sales

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    Supply & Demand by MonthDec-09 vs. Dec-10: The number of for sale properties is down 17% and the number of sold properties is up 60%

    Kim Jones 310-295-1856 Realty Source - South Bay Palos Verdes

    Time Period For SaleFor Sale SoldSold# Properties Average DOM Average DOM# Properties

    Dec-10 136 9191 16

    Nov-10 136 89105 4

    Oct-10 144 70122 17

    Sep-10 153 111125 20

    Aug-10 161 95136 8

    Jul-10 169 106131 14

    Jun-10 181 112126 14

    May-10 180 97120 27

    Apr-10 180 127123 13

    Mar-10 179 130124 11

    Feb-10 209 77106 8

    Jan-10 207 135108 9

    Dec-09 215 132110 10

    Clarus MarketMetrics 2 of 2 01/03/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Dec-10110

    Dec-09137

    %-20%

    Change-28

    Dec-09 vs. Dec-10: The average days on market is down 20%The Average Days on Market by Month

    Realty Source - South Bay Palos Verdes

    Dec-09 vs. Dec-10

    Kim Jones 310-295-1856

    Clarus MarketMetrics 1 of 2 01/03/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:Palos Verdes EstatesResidential: (Condominium, Single Family Residence)Period: All All

    Property Types:Cities:

    AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)MRMLS

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  • 8/8/2019 Palos Verdes Estates Annual Report 2010 Home Sales

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    The Average Days on Market by MonthDec-09 vs. Dec-10: The average days on market is down 20%

    Realty Source - South Bay Palos VerdesKim Jones 310-295-1856

    Time Period # UC UnitsAverage DOM

    Dec-10 13110

    Nov-10 10100

    Oct-10 1487

    Sep-10 1568

    Aug-10 19112

    Jul-10 982

    Jun-10 12123

    May-10 1394

    Apr-10 20103

    Mar-10 2477

    Feb-10 8189

    Jan-10 887

    Dec-09 10137

    Clarus MarketMetrics 2 of 2 01/03/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 8/8/2019 Palos Verdes Estates Annual Report 2010 Home Sales

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    Dec-09 vs. Dec-10: The average months supply of inventory is down 39%

    Realty Source - South Bay Palos Verdes

    Dec-09 vs. Dec-10

    8.5 -39%

    Kim Jones 310-295-1856

    5.2Dec-10

    Months Supply of Inventory

    ChangeDec-09 %-3.3

    Clarus MarketMetrics 1 of 2 01/03/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:Palos Verdes EstatesResidential: (Condominium, Single Family Residence)Period: All All

    Property Types:Cities:

    AllConstruction Type:Price: Lot Size:Bedrooms:1 year (monthly)MRMLS

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  • 8/8/2019 Palos Verdes Estates Annual Report 2010 Home Sales

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    Months Supply of InventoryDec-09 vs. Dec-10: The average months supply of inventory is down 39%

    Kim Jones 310-295-1856 Realty Source - South Bay Palos Verdes

    Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

    Dec-10 13 11067 5.2

    Nov-10 10 10084 8.4

    Oct-10 14 8789 6.4

    Sep-10 15 6896 6.4

    Aug-10 19 112101 5.3

    Jul-10 9 82107 11.9

    Jun-10 12 12398 8.2

    May-10 13 94100 7.7

    Apr-10 20 10399 5.0

    Mar-10 24 7791 3.8

    Feb-10 8 18990 11.2

    Jan-10 8 8781 10.1

    Dec-09 10 13785 8.5

    Clarus MarketMetrics 2 of 2 01/03/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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