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

Feb 2012 Feb 2013 %Change

Median Price $1,751,000 $1,825,000 4

Properties Sold 4 8 100

Sales Volume $14,527,000 $40,645,000 180

Properties Pending Sale 15 15 0

Properties For Sale 144 111 -23

Average Days on Market 90 64 -29

Month’s Supply of Inventory 8 6 -25

Percent Under Contract 10.4 13.5 30

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

Feb 2012 Feb 2013 %Change

Median Price $829,000 $857,500 3

Properties Sold 11 10 -9

Sales Volume $9,768,950 $6,843,000 -30

Properties Pending Sale 16 13 -19

Properties For Sale 79 57 -28

Average Days on Market 60 31 -48

Month’s Supply of Inventory 3 3 0

Percent Under Contract 20.3 22.8 13

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

Feb 2012 Feb 2013 %Change

Median Price $2,862,000 $2,713,500 -5

Properties Sold 5 6 20

Sales Volume $21,737,000 $19,872,000 -9

Properties Pending Sale 14 14 0

Properties For Sale 124 96 -23

Average Days on Market 81 121 49

Month’s Supply of Inventory 7 5 -29

Percent Under Contract 11.3 14.6 29

*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

Feb 2012 Feb 2013 %Change

Median Price $1,850,000 $1,877,500 2

Properties Sold 9 12 33

Sales Volume $38,830,255 $20,755,000 -47

Properties Pending Sale 20 17 -15

Properties For Sale 147 103 -30

Average Days on Market 108 64 -41

Month’s Supply of Inventory 6 4 -33

Percent Under Contract 13.6 16.5 21

*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

Feb 2012 Feb 2013 %Change

Median Price $722,500 $769,000 6

Properties Sold 14 9 -36

Sales Volume $9,557,100 $7,832,000 -18

Properties Pending Sale 22 17 -23

Properties For Sale 79 41 -48

Average Days on Market 64 54 -16

Month’s Supply of Inventory 2 1 -50

Percent Under Contract 27.8 41.5 49

*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

Feb 2012 Feb 2013 %Change

Median Price $1,709,750 $2,225,000 30

Properties Sold 10 17 70

Sales Volume $32,855,000 $50,572,750 54

Properties Pending Sale 18 14 -22

Properties For Sale 133 79 -41

Average Days on Market 96 68 -29

Month’s Supply of Inventory 4 4 0

Percent Under Contract 13.5 17.7 31

*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

Feb 2012 Feb 2013 %Change

Median Price $1,550,000 $1,145,000 -26

Properties Sold 3 2 -33

Sales Volume $4,350,000 $2,290,000 -47

Properties Pending Sale 8 9 13

Properties For Sale 27 20 -26

Average Days on Market 15 50 233

Month’s Supply of Inventory 2 1 -50

Percent Under Contract 29.6 45 52

*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

Feb 2012 Feb 2013 %Change

Median Price $525,000 $720,000 37

Properties Sold 8 17 113

Sales Volume $4,440,900 $11,340,500 155

Properties Pending Sale 9 16 78

Properties For Sale 59 40 -32

Average Days on Market 54 29 -46

Month’s Supply of Inventory 5 1 -80

Percent Under Contract 15.3 40 162

*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

Feb 2012 Feb 2013 %Change

Median Price $933,000 $890,000 -5

Properties Sold 23 11 -52

Sales Volume $25,331,499 $7,471,500 -71

Properties Pending Sale 29 22 -24

Properties For Sale 145 76 -48

Average Days on Market 94 36 -62

Month’s Supply of Inventory 4 2 -50

Percent Under Contract 20 28.9 45

*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

Feb 2012 Feb 2013 %Change

Median Price $499,000 $1,160,000 132

Properties Sold 3 3 0

Sales Volume $1,439,500 $2,885,000 100

Properties Pending Sale 4 4 0

Properties For Sale 40 18 -55

Average Days on Market 27 39 44

Month’s Supply of Inventory 8 3 -63

Percent Under Contract 10 22.2 122

*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

Feb 2012 Feb 2013 %Change

Median Price $635,000 $955,000 50

Properties Sold 13 16 23

Sales Volume $7,458,000 $15,811,500 112

Properties Pending Sale 8 15 88

Properties For Sale 77 56 -27

Average Days on Market 81 59 -27

Month’s Supply of Inventory 8 2 -75

Percent Under Contract 10.4 26.8 158

*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

Feb 2012 Feb 2013 %Change

Median Price $932,000 $750,000 -20

Properties Sold 14 12 -14

Sales Volume $13,178,000 $12,084,000 -8

Properties Pending Sale 28 28 0

Properties For Sale 108 88 -19

Average Days on Market 59 51 -14

Month’s Supply of Inventory 3 2 -33

Percent Under Contract 25.9 31.8 23

*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

Feb 2012 Feb 2013 %Change

Median Price $1,965,000 $1,900,000 -3

Properties Sold 12 10 -17

Sales Volume $24,165,000 $22,582,888 -7

Properties Pending Sale 13 19 46

Properties For Sale 247 156 -37

Average Days on Market 171 85 -50

Month’s Supply of Inventory 22 7 -68

Percent Under Contract 5.3 12.2 131

*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

Feb 2012 Feb 2013 %Change

Median Price $3,795,000 $17,000,000 348

Properties Sold 2 1 -50

Sales Volume $7,590,000 $17,00,000 124

Properties Pending Sale 5 4 -20

Properties For Sale 98 82 -16

Average Days on Market 198 265 34

Month’s Supply of Inventory 17 17 0

Percent Under Contract 5.1 4.9 -4

*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.

Feb 2012 Feb 2013 %Change

Median Price $760,000 $1,687,500 122

Properties Sold 4 4 0

Sales Volume $3,120,000 $5,300,000 70

Properties Pending Sale 1 7 600

Properties For Sale 28 20 -29

Average Days on Market 59 66 12

Month’s Supply of Inventory 26 2 -92

Percent Under Contract 3.6 35 880

Mid Los Angeles

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

Feb 2012 Feb 2013 %Change

Median Price $240,000 $293,000 22

Properties Sold 19 25 32

Sales Volume $2,249,600 $6,183,750 175

Properties Pending Sale 25 38 52

Properties For Sale 203 119 -41

Average Days on Market 80 38 -53

Month’s Supply of Inventory 6 2 -67

Percent Under Contract 12.3 31.9 159

*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

Feb 2012 Feb 2013 %Change

Median Price $440,000 $470,000 7

Properties Sold 2 7 250

Sales Volume $460,000 $470,000 2

Properties Pending Sale 3 8 167

Properties For Sale 48 33 -31

Average Days on Market 40 56 40

Month’s Supply of Inventory 13 2 -85

Percent Under Contract 6.3 24.2 288

*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

Feb 2012 Feb 2013 %Change

Median Price $1,935,000 $2,670,000 38

Properties Sold 12 15 25

Sales Volume $21,847,205 $41,856,520 92

Properties Pending Sale 21 24 14

Properties For Sale 136 108 -21

Average Days on Market 147 92 -37

Month’s Supply of Inventory 5 3 -40

Percent Under Contract 15.4 22.2 44

*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

Feb 2012 Feb 2013 %Change

Median Price $700,000 $845,790 21

Properties Sold 19 14 -26

Sales Volume $11,538,000 $11,742,030 2

Properties Pending Sale 24 31 29

Properties For Sale 109 65 -40

Average Days on Market 86 29 -66

Month’s Supply of Inventory 3 1 -67

Percent Under Contract 22 47.7 117

*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

Feb 2012 Feb 2013 %Change

Median Price $700,000 $845,790 21

Properties Sold 19 14 -26

Sales Volume $925,000 $0 -100

Properties Pending Sale 24 31 29

Properties For Sale 109 65 -40

Average Days on Market 86 29 -66

Month’s Supply of Inventory 3 1 -67

Percent Under Contract 22 47.7 117

*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

Feb 2012 Feb 2013 %Change

Median Price $1,830,000 $1,362,500 -26

Properties Sold 11 14 27

Sales Volume $27,233,000 $24,467,000 -10

Properties Pending Sale 22 20 -9

Properties For Sale 115 61 -47

Average Days on Market 64 38 -41

Month’s Supply of Inventory 4 2 -50

Percent Under Contract 19.1 32.8 71

*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

Feb 2012 Feb 2013 %Change

Median Price $480,500 $560,000 17

Properties Sold 28 26 -7

Sales Volume $12,411,000 $11,586,250 -7

Properties Pending Sale 30 33 10

Properties For Sale 131 81 -38

Average Days on Market 77 61 -21

Month’s Supply of Inventory 3 1 -67

Percent Under Contract 22.9 40.7 78

*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

Feb 2012 Feb 2013 %Change

Median Price $1,255,000 $1,432,500 14

Properties Sold 24 24 0

Sales Volume $30,948,250 $49,163,000 59

Properties Pending Sale 36 43 19

Properties For Sale 289 202 -30

Average Days on Market 98 80 -18

Month’s Supply of Inventory 6 3 -50

Percent Under Contract 12.5 21.3 71

*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

Feb 2012 Feb 2013 %Change

Median Price $1,153,500 $1,250,000 8

Properties Sold 8 9 13

Sales Volume $7,682,064 $11,439,700 49

Properties Pending Sale 14 16 14

Properties For Sale 100 62 -38

Average Days on Market 57 55 -4

Month’s Supply of Inventory 6 2 -67

Percent Under Contract 14 25.8 84

*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

Feb 2012 Feb 2013 %Change

Median Price $832,500 $1,362,500 64

Properties Sold 6 8 33

Sales Volume $4,229,000 $10,944,000 159

Properties Pending Sale 9 16 78

Properties For Sale 51 49 -4

Average Days on Market 63 90 43

Month’s Supply of Inventory 2 4 100

Percent Under Contract 17.6 32.7 85

*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

Feb 2012 Feb 2013 %Change

Median Price $499,000 $530,000 6

Properties Sold 3 3 0

Sales Volume $499,000 $1,840,000 269

Properties Pending Sale 8 14 75

Properties For Sale 44 32 -27

Average Days on Market 49 35 -29

Month’s Supply of Inventory 4 1 -75

Percent Under Contract 18.2 43.8 141

*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

Feb 2012 Feb 2013 %Change

Median Price $1,155,000 $1,449,500 0

Properties Sold 8 6 -25

Sales Volume $11,298,125 $7,371,888 -35

Properties Pending Sale 18 11 -39

Properties For Sale 79 33 -58

Average Days on Market 46 26 -43

Month’s Supply of Inventory 3 2 -33

Percent Under Contract 22.8 33.3 46

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

RODEO REALTY MARKETING DEPARTMENT