Los Angeles County real estate report closing July 2014

08/01/2014Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

Connor and Paris MacIVORRE/MAX's Paris911 Team

Market Dynamics

1 of 21

Jul-14460,000

Jul-13429,000

%+7%

Change31,000

Jul-13 vs. Jul-14: The median sold price is up 7%Median Sold Price by Month

RE/MAX's Paris911 Team

Jul-13 vs. Jul-14

Connor and Paris MacIVOR

Clarus MarketMetrics® 1 of 2 08/01/2014Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAllSq Ft:

Los AngelesResidential: (Single Family Residence)Period: All All

Property Types:Counties:

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

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Median Sold Price by MonthJul-13 vs. Jul-14: The median sold price is up 7%

RE/MAX's Paris911 TeamConnor and Paris MacIVOR

Time Period Median Price # Units Average DOMJul-14 460,000 3,078 52Jun-14 455,000 3,081 55May-14 450,000 3,161 55Apr-14 450,000 3,097 56Mar-14 440,000 2,675 57Feb-14 425,000 2,166 62Jan-14 423,000 2,363 60Dec-13 427,000 2,917 57Nov-13 425,000 2,799 54Oct-13 430,000 3,232 50Sep-13 434,000 3,023 49Aug-13 440,000 3,674 47Jul-13 429,000 3,549 47


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Jul-13 vs. Jul-14: The median price of for sale properties is up 14% and the median price of sold properties is up 7%


Jul-13 vs. Jul-14

439,000 +14%


499,994Jul-14

Median For Sale vs. Median Sold

ChangeJul-13 %60,994

Jul-13 Jul-14 %429,000 +7%

Jul-13 vs. Jul-14

460,000Change31,000






4 of 21

Median For Sale vs. Median SoldJul-13 vs. Jul-14: The median price of for sale properties is up 14% and the median price of sold properties is up 7%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Jul-14 13,837 3,078499,994 460,000 -39,994Jun-14 13,869 3,081492,500 455,000 -37,500May-14 13,575 3,161479,000 450,000 -29,000Apr-14 13,246 3,097465,000 450,000 -15,000Mar-14 13,250 2,675450,000 440,000 -9,999Feb-14 12,709 2,166440,000 425,000 -15,000Jan-14 12,624 2,363438,000 423,000 -15,000Dec-13 12,234 2,917430,000 427,000 -3,000Nov-13 13,509 2,799438,888 425,000 -13,888Oct-13 14,669 3,232440,000 430,000 -10,000Sep-13 14,464 3,023442,950 434,000 -8,950Aug-13 14,563 3,674440,000 440,000 0Jul-13 14,229 3,549439,000 429,000 -10,000

Clarus MarketMetrics®Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 2 08/01/2014

5 of 21

Jul-143,078

Jul-133,549

%-13%

Change-471

Jul-13 vs. Jul-14: The number of Sold properties is down 13%Sold Properties by Month


Jul-13 vs. Jul-14







6 of 21

Sold Properties by MonthJul-13 vs. Jul-14: The number of Sold properties is down 13%


Time Period

Full Market# Properties Median Price Average DOM

Bank Properties# Properties % Bank Median Price

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

Jul-14 460,0003,078 52 308 10.0 345,000 2,770 90.0 477,000Jun-14 455,0003,081 55 361 11.7 330,000 2,720 88.3 475,000May-14 450,0003,161 55 414 13.1 327,250 2,747 86.9 470,000Apr-14 450,0003,097 56 396 12.8 344,438 2,701 87.2 465,000Mar-14 440,0002,675 57 366 13.7 335,000 2,309 86.3 460,000Feb-14 425,0002,166 62 330 15.2 328,788 1,836 84.8 445,000Jan-14 423,0002,363 60 377 15.9 325,000 1,986 84.0 438,750Dec-13 427,0002,917 57 524 18.0 336,000 2,393 82.0 450,000Nov-13 425,0002,799 54 405 14.5 320,000 2,394 85.5 445,500Oct-13 430,0003,232 50 500 15.5 321,446 2,732 84.5 450,000Sep-13 434,0003,023 49 469 15.5 301,000 2,554 84.5 455,000Aug-13 440,0003,674 47 564 15.3 322,938 3,110 84.7 460,000Jul-13 429,0003,549 47 615 17.3 312,951 2,934 82.7 457,500


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Jul-143,420

Jul-133,347

%+2%

Change73

Jul-13 vs. Jul-14: The number of Under Contract properties is up 2%Under Contract Properties by Month


Jul-13 vs. Jul-14







8 of 21

Under Contract Properties by MonthJul-13 vs. Jul-14: The number of Under Contract properties is up 2%


Time Period




Jul-14 460,0003,420 42 484,99987.62,997324,90012.4423Jun-14 454,9003,303 49 479,00087.52,890325,00012.5413May-14 465,0003,227 52 489,00087.02,808342,90013.0419Apr-14 449,0003,193 53 469,90086.12,749320,00013.9444Mar-14 445,0003,242 55 463,00086.22,795325,00013.8447Feb-14 449,0002,757 57 469,95085.32,353336,00014.7404Jan-14 429,5002,551 62 449,95083.92,141325,00016.1410Dec-13 424,9002,097 63 439,00082.51,729332,45017.6368Nov-13 429,9002,674 57 449,90084.12,248340,00015.9426Oct-13 430,0003,096 55 450,00084.62,618328,94415.4478Sep-13 429,9902,883 52 449,90084.62,439325,95015.4444Aug-13 439,5003,233 46 459,00086.12,785322,45013.9448Jul-13 439,0003,347 46 459,00086.02,877315,00014.0470


9 of 21

Jul-144,877

Jul-135,005

%-3%

Change-128

Jul-13 vs. Jul-14: The number of New properties is down 3%New Properties by Month


Jul-13 vs. Jul-14







10 of 21

New Properties by MonthJul-13 vs. Jul-14: The number of New properties is down 3%


Time Period # Properties

Full MarketMedian Price



Jul-14 499,5004,877 429 8.8 329,000 4,448 91.2 519,900Jun-14 495,0004,903 422 8.6 320,000 4,481 91.4 515,000May-14 485,4504,780 483 10.1 327,500 4,297 89.9 499,999Apr-14 479,9004,539 493 10.9 329,900 4,046 89.1 499,894Mar-14 475,0004,507 585 13.0 325,000 3,922 87.0 499,000Feb-14 450,0003,906 523 13.4 325,000 3,383 86.6 472,999Jan-14 449,0004,119 552 13.4 344,950 3,567 86.6 469,900Dec-13 419,4502,578 449 17.4 315,000 2,129 82.6 439,000Nov-13 427,4993,250 514 15.8 337,700 2,736 84.2 449,900Oct-13 438,8884,359 677 15.5 319,900 3,682 84.5 458,400Sep-13 440,0004,335 677 15.6 320,000 3,658 84.4 468,888Aug-13 449,0004,841 717 14.8 325,000 4,124 85.2 474,925Jul-13 449,0005,005 737 14.7 325,000 4,268 85.3 478,500


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Jul-1413,837

Jul-1314,229

%-3%

Change-392

Jul-13 vs. Jul-14: The number of For Sale properties is down 3%For Sale Properties by Month


Jul-13 vs. Jul-14







12 of 21

For Sale Properties by MonthJul-13 vs. Jul-14: The number of For Sale properties is down 3%


# PropertiesTime Period


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

Jul-14 499,99413,837 67 1,559 11.3 335,000 12,278 88.7 535,000Jun-14 492,50013,869 71 1,833 13.2 330,000 12,036 86.8 525,000May-14 479,00013,575 76 2,135 15.7 330,000 11,440 84.3 515,000Apr-14 465,00013,246 79 2,324 17.5 329,900 10,922 82.5 499,638Mar-14 450,00013,250 84 2,561 19.3 325,000 10,689 80.7 489,900Feb-14 440,00012,709 90 2,670 21.0 325,000 10,039 79.0 479,000Jan-14 438,00012,624 96 2,822 22.4 325,000 9,802 77.7 475,000Dec-13 430,00012,234 107 2,988 24.4 320,000 9,246 75.6 477,750Nov-13 438,88813,509 96 3,217 23.8 320,000 10,292 76.2 485,000Oct-13 440,00014,669 89 3,478 23.7 318,850 11,191 76.3 489,900Sep-13 442,95014,464 89 3,563 24.6 315,000 10,901 75.4 499,000Aug-13 440,00014,563 86 3,654 25.1 312,975 10,909 74.9 499,777Jul-13 439,00014,229 86 3,740 26.3 309,000 10,489 73.7 499,900


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Jul-142,119

Jul-131,158

%+83%

Change961

Jul-13 vs. Jul-14: The number of Expired properties is up 83%Expired Properties by Month


Jul-13 vs. Jul-14







14 of 21

Expired Properties by MonthJul-13 vs. Jul-14: The number of Expired properties is up 83%


Time Period Median Price# Properties Average DOM

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

Bank Properties% Non-Bank

Non-Bank Properties

Jul-14 469,0002,119 68 437 20.6 315,000 1,682 79.4 509,500Jun-14 476,5001,606 77 290 18.1 310,000 1,316 81.9 533,225May-14 450,0001,381 78 305 22.1 300,000 1,076 77.9 511,250Apr-14 454,1501,258 74 228 18.1 310,000 1,030 81.9 495,000Mar-14 439,0001,299 79 283 21.8 310,000 1,016 78.2 479,000Feb-14 439,9451,208 82 290 24.0 318,500 918 76.0 488,888Jan-14 465,0001,267 79 264 20.8 310,000 1,003 79.2 499,000Dec-13 459,9001,632 87 350 21.4 300,000 1,282 78.5 525,000Nov-13 459,9501,176 72 251 21.3 290,000 925 78.7 518,990Oct-13 475,0001,313 81 296 22.5 299,000 1,017 77.5 549,950Sep-13 475,0001,268 71 317 25.0 290,000 951 75.0 549,888Aug-13 448,5001,200 64 320 26.7 297,000 880 73.3 543,400Jul-13 419,0001,158 67 333 28.8 279,500 825 71.2 525,000


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Jul-13 vs. Jul-14: The number of for sale properties is down 3% and the number of sold properties is down 13%


Jul-13 vs. Jul-14

14,229 -3%


13,837Jul-14

Supply & Demand by Month

ChangeJul-13 %-392

Jul-13 Jul-14 %3,549 -13%

Jul-13 vs. Jul-14

3,078Change

-471






16 of 21

Supply & Demand by MonthJul-13 vs. Jul-14: The number of for sale properties is down 3% and the number of sold properties is down 13%

Connor and Paris MacIVOR RE/MAX's Paris911 Team

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

Jul-14 67 5213,837 3,078Jun-14 71 5513,869 3,081May-14 76 5513,575 3,161Apr-14 79 5613,246 3,097Mar-14 84 5713,250 2,675Feb-14 90 6212,709 2,166Jan-14 96 6012,624 2,363Dec-13 107 5712,234 2,917Nov-13 96 5413,509 2,799Oct-13 89 5014,669 3,232Sep-13 89 4914,464 3,023Aug-13 86 4714,563 3,674Jul-13 86 4714,229 3,549


17 of 21

Jul-1442

Jul-1346

%-9%

Change-4

Jul-13 vs. Jul-14: The average days on market is down 9%The Average Days on Market by Month


Jul-13 vs. Jul-14







18 of 21

The Average Days on Market by MonthJul-13 vs. Jul-14: The average days on market is down 9%


Time Period # UC UnitsAverage DOMJul-14 3,42042Jun-14 3,30349May-14 3,22752Apr-14 3,19353Mar-14 3,24255Feb-14 2,75757Jan-14 2,55162Dec-13 2,09763Nov-13 2,67457Oct-13 3,09655Sep-13 2,88352Aug-13 3,23346Jul-13 3,34746


19 of 21

Jul-13 vs. Jul-14: The average months supply of inventory is down 16%


Jul-13 vs. Jul-14

2.9 -16%


2.4Jul-14

Months Supply of Inventory

ChangeJul-13 %-0.5






20 of 21

Months Supply of InventoryJul-13 vs. Jul-14: The average months supply of inventory is down 16%

Connor and Paris MacIVOR RE/MAX's Paris911 Team

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

Jul-14 3,420 428,298 2.4Jun-14 3,303 498,960 2.7May-14 3,227 528,967 2.8Apr-14 3,193 538,795 2.8Mar-14 3,242 558,710 2.7Feb-14 2,757 578,744 3.2Jan-14 2,551 628,807 3.5Dec-13 2,097 638,505 4.1Nov-13 2,674 579,659 3.6Oct-13 3,096 5510,261 3.3Sep-13 2,883 5210,313 3.6Aug-13 3,233 4610,130 3.1Jul-13 3,347 469,725 2.9


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Real Estate

Los Angeles County real estate report closing July 2014