Los Angeles - Westside

RodeoMarketReports.com

Local Market Report

At Rodeo Realty, we believe education is the key to helping clients make the best possible decisions about buying and selling homes. Our Local Market Reports provide comprehensive analyses of real estate trends in specific communities, versus quoting national, state, and/or county statistics. The fact is market conditions can vary greatly from neighborhood to neighborhood, and sometimes from one block to the next.

Bel Air - Holmby Hills

Beverly Center - Miracle Mile

Beverly Hills

Beverly Hills P.O.

Beverlywood

Brentwood

Cheviot Hills - Rancho Park

Culver City

Hancock Park - Wilshire

Hollywood

Hollywood Hills East

Los Feliz

Malibu

Malibu Beach

Table of Contents

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

2

3

4

5

6

7

8

9

10

11

12

13

14

15

Marina del Rey

Mid Los Angeles

Mid Wilshire

Pacific Palisades

Palms - Mar Vista

Playa Vista

Santa Monica

Silverlake - Echo Park

Sunset Strip - Hollywood Hills West

Venice

West Hollywood

West Los Angeles

Westwood - Century City

16

17

18

19

20

21

22

23

24

25

26

27

28

Bel Air-Holmby Hills

April 2012 April 2013 %Change

Median Price $1,297,500 $1,895,040 46

Properties Sold 20 22 10

Sales Volume $76,376,695 $88,970,468 16

Properties Pending Sale 11 18 64

Properties For Sale 129 113 -12

Average Days on Market 91 85 -7

Month’s Supply of Inventory 9 5 -44

Percent Under Contract 8.5 15.9 87

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

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

Beverly Center - Miracle Mile

April 2012 April 2013 %Change

Median Price $881,000 $1,195,000 36

Properties Sold 19 21 11

Sales Volume $16,541,125 $23,036,825 39

Properties Pending Sale 15 29 93

Properties For Sale 86 71 -17

Average Days on Market 67 36 -46

Month’s Supply of Inventory 4 1 -75

Percent Under Contract 17.4 40.8 134

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

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

Beverly Hills

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

April 2012 April 2013 %Change

Median Price $4,787,500 $4,177,500 -13

Properties Sold 12 16 33

Sales Volume $61,212,500 $71,872,000 17

Properties Pending Sale 11 18 64

Properties For Sale 151 93 -38

Average Days on Market 64 78 22

Month’s Supply of Inventory 12 4 -67

Percent Under Contract 7.3 19.4 166

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

Beverly Hills P.O.

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

April 2012 April 2013 %Change

Median Price $2,050,000 $2,437,500 19

Properties Sold 19 16 -16

Sales Volume $49,003,600 $56,525,925 51

Properties Pending Sale 17 13 -24

Properties For Sale 142 92 -35

Average Days on Market 72 124 72

Month’s Supply of Inventory 7 5 -29

Percent Under Contract 12 14.1 18

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

Beverlywood

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

April 2012 April 2013 %Change

Median Price $1,032,500 $704,500 -32

Properties Sold 14 18 29

Sales Volume $13,706,750 $12,379,875 -10

Properties Pending Sale 10 18 80

Properties For Sale 70 51 -27

Average Days on Market 32 23 -28

Month’s Supply of Inventory 6 2 -67

Percent Under Contract 14.3 35.3 147

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

Brentwood

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

April 2012 April 2013 %Change

Median Price $1,565,000 $1,901,000 21

Properties Sold 25 23 -8

Sales Volume $65,090,626 $57,355,220 -12

Properties Pending Sale 19 35 84

Properties For Sale 150 121 -19

Average Days on Market 72 45 -38

Month’s Supply of Inventory 6 2 -67

Percent Under Contract 12.7 28.9 128

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

Cheviot Hills - Rancho Park

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

April 2012 April 2013 %Change

Median Price $1,187,500 $1,425,000 20

Properties Sold 10 11 10

Sales Volume $11,275,500 $13,211,000 17

Properties Pending Sale 7 8 14

Properties For Sale 30 21 -30

Average Days on Market 44 24 -45

Month’s Supply of Inventory 3 2 -33

Percent Under Contract 23.3 38.1 63

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

Culver City

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

April 2012 April 2013 %Change

Median Price $530,000 $792,500 50

Properties Sold 13 16 23

Sales Volume $4,321,600 $10,574,500 145

Properties Pending Sale 17 24 41

Properties For Sale 72 60 -17

Average Days on Market 75 24 -68

Month’s Supply of Inventory 3 1 -67

Percent Under Contract 23.6 40 69

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

Hancock Park - Wilshire

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

April 2012 April 2013 %Change

Median Price $1,035,000 $1,200,000 16

Properties Sold 24 15 -38

Sales Volume $25,985,217 $16,509,145 -36

Properties Pending Sale 21 29 38

Properties For Sale 135 103 -24

Average Days on Market 71 30 -58

Month’s Supply of Inventory 5 2 -60

Percent Under Contract 15.6 28.2 81

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

Hollywood

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

April 2012 April 2013 %Change

Median Price $650,000 $315,000 -52

Properties Sold 3 3 0

Sales Volume $1,610,000 $950,000 -41

Properties Pending Sale 7 9 29

Properties For Sale 38 25 -34

Average Days on Market 43 62 44

Month’s Supply of Inventory 4 2 -50

Percent Under Contract 18.4 36 95

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

Hollywood Hills East

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

April 2012 April 2013 %Change

Median Price $1,205,000 $940,000 -22

Properties Sold 9 15 67

Sales Volume $12,191,885 $18,312,000 50

Properties Pending Sale 11 16 45

Properties For Sale 79 64 -19

Average Days on Market 44 26 -41

Month’s Supply of Inventory 6 3 -50

Percent Under Contract 13.9 25 80

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

Los Feliz

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

April 2012 April 2013 %Change

Median Price $1,000,000 $860,000 -14

Properties Sold 15 17 13

Sales Volume $12,908,200 $16,579,000 28

Properties Pending Sale 24 25 4

Properties For Sale 104 91 -13

Average Days on Market 39 57 46

Month’s Supply of Inventory 3 2 -33

Percent Under Contract 23.1 27.5 19

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

Malibu

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

April 2012 April 2013 %Change

Median Price $1,552,500 $1,850,000 19

Properties Sold 10 13 30

Sales Volume $23,644,000 $21,205,000 -10

Properties Pending Sale 19 16 -16

Properties For Sale 250 203 -19

Average Days on Market 115 132 15

Month’s Supply of Inventory 11 11 0

Percent Under Contract 7.6 7.9 4

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

Malibu Beach

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

April 2012 April 2013 %Change

Median Price $6,749,500 $4,025,000 -40

Properties Sold 8 5 -38

Sales Volume $70,124,000 25,497,500 -64

Properties Pending Sale 8 3 -63

Properties For Sale 96 83 -14

Average Days on Market 202 149 -26

Month’s Supply of Inventory 10 25 150

Percent Under Contract 8.3 3.6 -57

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

Marina del Rey

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

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

April 2012 April 2013 %Change

Median Price $1,475,000 $1,892,500 28

Properties Sold 6 8 33

Sales Volume $9,162,000 $12,585,000 37

Properties Pending Sale 4 2 -50

Properties For Sale 30 17 -43

Average Days on Market 36 58 61

Month’s Supply of Inventory 6 7 17

Percent Under Contract 13.3 11.8 -12

Mid Los Angeles

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

April 2012 April 2013 %Change

Median Price $267,500 $335,000 25

Properties Sold 24 39 63

Sales Volume $4,765,500 $7,660,000 61

Properties Pending Sale 24 43 79

Properties For Sale 183 121 -34

Average Days on Market 80 30 -63

Month’s Supply of Inventory 6 1 -83

Percent Under Contract 13.1 35.5 171

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

Mid Wilshire

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

April 2012 April 2013 %Change

Median Price $367,000 $466,250 27

Properties Sold 4 6 50

Sales Volume $411,000 $2,007,500 388

Properties Pending Sale 5 3 -40

Properties For Sale 45 26 -42

Average Days on Market 67 19 -72

Month’s Supply of Inventory 7 5 -29

Percent Under Contract 11.1 11.5 4

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

Pacific Palisades

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

April 2012 April 2013 %Change

Median Price $2,650,000 $2,201,250 -17

Properties Sold 20 28 40

Sales Volume $56,775,012 $84,731,000 49

Properties Pending Sale 23 35 52

Properties For Sale 150 127 -15

Average Days on Market 72 59 -18

Month’s Supply of Inventory 5 2 -60

Percent Under Contract 15.3 27.6 80

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

Palms - Mar Vista

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

April 2012 April 2013 %Change

Median Price $675,000 $862,000 28

Properties Sold 23 35 52

Sales Volume $16,942,450 $29,222,000 72

Properties Pending Sale 27 33 22

Properties For Sale 99 72 -27

Average Days on Market 37 32 -14

Month’s Supply of Inventory 3 1 -67

Percent Under Contract 27.3 45.8 68

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

Playa Vista

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

April 2012 April 2013 %Change

Median Price $0 $0 n/a

Properties Sold 0 0 n/a

Sales Volume $0 $0 n/a

Properties Pending Sale 0 1 n/a

Properties For Sale 5 5 0

Average Days on Market 0 33 n/a

Month’s Supply of Inventory 0 2 n/a

Percent Under Contract n/a n/a n/a

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

Santa Monica

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

April 2012 April 2013 %Change

Median Price $1,436,700 $2,630,000 83

Properties Sold 25 19 -24

Sales Volume $47,826,870 $61,896,782 29

Properties Pending Sale 22 33 50

Properties For Sale 114 88 -23

Average Days on Market 54 93 72

Month’s Supply of Inventory 4 1 -75

Percent Under Contract 19.3 37.5 94

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

Silverlake - Echo Park

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

April 2012 April 2013 %Change

Median Price $552,500 $665,000 20

Properties Sold 26 27 4

Sales Volume $11,323,000 $14,117,360 25

Properties Pending Sale 30 35 17

Properties For Sale 116 84 -28

Average Days on Market 71 31 -56

Month’s Supply of Inventory 3 1 -67

Percent Under Contract 25.9 41.7 61

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

Sunset Strip - Hollywood Hills West

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

April 2012 April 2013 %Change

Median Price $1,390,000 $1,601,2500 15

Properties Sold 35 38 9

Sales Volume $62,327,165 $84,008,000 35

Properties Pending Sale 25 56 124

Properties For Sale 302 228 -25

Average Days on Market 47 62 32

Month’s Supply of Inventory 10 3 -70

Percent Under Contract 8.3 24.6 197

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

Venice

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

April 2012 April 2013 %Change

Median Price $945,000 $1,575,000 67

Properties Sold 19 17 -11

Sales Volume $21,702,500 $27,147,085 25

Properties Pending Sale 17 18 6

Properties For Sale 104 80 -23

Average Days on Market 83 85 2

Month’s Supply of Inventory 5 3 -40

Percent Under Contract 16.3 22.5 38

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

West Hollywood

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

April 2012 April 2013 %Change

Median Price $784,000 $1,150,000 47

Properties Sold 11 17 55

Sales Volume $9,973,000 $18,886,600 89

Properties Pending Sale 12 14 17

Properties For Sale 58 40 -31

Average Days on Market 46 31 -33

Month’s Supply of Inventory 3 1 -67

Percent Under Contract 20.7 35 69

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

West Los Angeles

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

April 2012 April 2013 %Change

Median Price $435,000 $660,000 52

Properties Sold 3 12 300

Sales Volume $1,000,000 $6,207,999 521

Properties Pending Sale 6 12 100

Properties For Sale 38 26 -32

Average Days on Market 71 18 -75

Month’s Supply of Inventory 5 1 -80

Percent Under Contract 15.8 46.2 192

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

Westwood - Century City

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

April 2012 April 2013 %Change

Median Price $1,237,000 $1,270,000 3

Properties Sold 18 14 -22

Sales Volume $23,361,900 $21,818,665 -7

Properties Pending Sale 15 23 53

Properties For Sale 78 48 -38

Average Days on Market 37 51 38

Month’s Supply of Inventory 4 1 -75

Percent Under Contract 19.2 47.9 149

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

RODEO REALTY MARKETING DEPARTMENT