Los Angeles single family residences market update

��

��

��

�

��

��

��

�

�

��DFUH

��

��

�

�

��

��

��DFUH

��

�� VTIW

��

��

��

��

��DFUH��

��

��

�

��

,Q�WKH�ODVW�IHZ�ZHHNV�ZHYH�VHHQ�SULFHV�LQ�WKLV�]LS�FRGH�ERXQFLQJDURXQG�WKLV�SODWHDX��/RRN�IRU�D�SHUVLVWHQW�GRZQ�VKLIW�LQ�WKH0DUNHW�$FWLRQ�,QGH[�EHIRUH�ZH�VHH�SULFHV�GHYLDWH�IURP�WKHVHOHYHOV�

7KH�PDUNHW�KDV�EHHQ�FRROLQJ�RYHU�WLPH�DQG�SULFHV�KDYH�UHFHQWO\IODWWHQHG��'HVSLWH�WKH�FRQVLVWHQW�GHFUHDVH�LQ�0DUNHW�$FWLRQ�,QGH[�0$,��ZHUH�LQ�D�6HOOHUV�0DUNHW��ZKHUH�VLJQLILFDQW�GHPDQG�OHDYHVOLWWOH�LQYHQWRU\�DYDLODEOH��,I�WKH�0$,�EHJLQV�WR�FOLPE��SULFHV�ZLOOOLNHO\�IROORZ�VXLW��,I�WKH�0$,�GURSV�FRQVLVWHQWO\�RU�IDOOV�LQWR�WKH%X\HUV�]RQH��ZDWFK�IRU�GRZQZDUG�SUHVVXUH�RQ�SULFHV�

,QYHQWRU\�LV�WLJKWHQLQJ�DQG�GD\V�RQ�PDUNHW�LV�IDOOLQJ��7KH�0DUNHW$FWLRQ�,QGH[�VKRZV�GHPDQG�KHDWLQJ�XS��7KHVH�DUH�UHODWLYHO\�EXOOLVKVLJQV�IRU�SULFHV�

1257+5,'*(��&$��3DULV��,QWHO�5HSRUWV([HFXWLYH�6XPPDU\

��

��

��

0RQGD\�1RYHPEHU��

7KH�PHGLDQ�OLVW�SULFH�LQ�1257+5,'*(��&$��WKLV�ZHHN�LV��

,QYHVWLJDWH�WKH�PDUNHW�LQ�TXDUWLOHV��ZKHUH�HDFK�TXDUWLOH�LV��RI�KRPHVRUGHUHG�E\�SULFH�

0RVW�H[SHQVLYH��RI�SURSHUWLHV

8SSHU�PLGGOH��RI�SURSHUWLHV

/RZHU�PLGGOH��RI�SURSHUWLHV

/HDVW�H[SHQVLYH��RI�SURSHUWLHV

4XDUWLOH 0HGLDQ�3ULFH /RW�6L]H %HGV %DWKV $JH ,QYHQWRU\ 1HZ $EVRUEHG '206T��)W�

7KH�3DULV��7HDP�_�ZZZ�3DULV��FRP�_��

1R�FKDQJH 6WURQJ�XSZDUG�WUHQG 6WURQJ�GRZQZDUG�WUHQG

6OLJKW�XSZDUG�WUHQG 6OLJKW�GRZQZDUG�WUHQGr� �� nn

n�

3RZHUHG�E\�$OWRV�5HVHDUFK�//&�_�ZZZ�DOWRVUHVHDUFK�FRP�_�&RS\ULJKW��$OWRV�5HVHDUFK�//&

Single Family Homes

0HGLDQ�/RW�6L]H

��

3HUFHQW�5HOLVWHG��UHVHW�'20�

��

��

��

0HGLDQ�1XPEHU�RI�%DWKURRPV

��

0HGLDQ�/LVW�3ULFH

$YHUDJH�'D\V�RQ�0DUNHW��'20��

3HUFHQW�)OLS��SULFH�LQFUHDVHG�

��DFUH0HGLDQ�+RXVH�6L]H��VT�IW�

��

��

��

0DUNHW�$FWLRQ�,QGH[

0HGLDQ�1XPEHU�RI�%HGURRPV

$VNLQJ�3ULFH�3HU�6TXDUH�)RRW

��3HUFHQW�RI�3URSHUWLHV�ZLWK�3ULFH�'HFUHDVH

6HOOHUV�$GYDQWDJH

r�

�

n

nn

%RWWRP�)RXUWK

/RZHU�7KLUG

8SSHU�6HFRQG

7RS�)LUVW

7KLV�:HHN

6XSSO\�DQG�'HPDQG

5HDO�7LPH�0DUNHW�3URILOH 7UHQG

3ULFH

3ULFH�7UHQGV


7KH�0DUNHW�$FWLRQ�,QGH[�DQVZHUV�WKH�TXHVWLRQ��+RZV�WKH0DUNHW"��E\�PHDVXULQJ�WKH�FXUUHQW�UDWH�RI�VDOH�YHUVXV�WKHDPRXQW�RI�WKH�LQYHQWRU\��,QGH[�DERYH��LPSOLHV�6HOOHUV0DUNHW�FRQGLWLRQV��%HORZ��FRQGLWLRQV�IDYRU�WKH�EX\HU�

4XDUWLOHV&KDUDFWHULVWLFV�SHU�4XDUWLOH

��'D\�5ROOLQJ�$YHUDJH ��'D\�5ROOLQJ�$YHUDJH %X\HU�6HOOHU�&XWRII

��'D\�5ROOLQJ�$YHUDJH ��'D\�5ROOLQJ�$YHUDJH

��

��

��

�

��

��

��

�

�

��DFUH

��

��

�

�

��

��

��VTIW

��

�� VTIW

��

��

��

��

��VTIW��

��

��

�

��

$JDLQ�WKLV�ZHHN�LQ�WKLV�]LS�FRGH�ZH�VHH�D�GRZQZDUG�QRWFK�IRUSULFHV��3ULFLQJ�KDV�EHHQ�ZHDN�LQ�UHFHQW�ZHHNV�DQG�YHUVXV�WKHLUDEVROXWH�KLJK�OHYHO��$W�WKLV�SRLQW��ZH�ZLOO�EH�ORRNLQJ�IRU�DSHUVLVWHQW�XSZDUG�VKLIW�LQ�WKH�0DUNHW�$FWLRQ�,QGH[�DV�D�OHDGLQJLQGLFDWRU�IRU�D�WURXJK�LQ�SULFHV�

+RPH�VDOHV�KDYH�EHHQ�H[FHHGLQJ�QHZ�LQYHQWRU\�IRU�VHYHUDO�ZHHNV�+RZHYHU�SULFHV�KDYH�QRW�\HW�VWRSSHG�IDOOLQJ��6LQFH�WKH�PDUNHW�LVDOUHDG\�LQ�WKH�6HOOHUV�]RQH��H[SHFW�SULFHV�WR�OHYHO�RII�YHU\�VRRQ�6KRXOG�WKH�VDOHV�WUHQG�FRQWLQXH�H[SHFW�WKDW�SULFHV�FRXOG�FOLPE�IURPWKHUH�

7KH�0DUNHW�$FWLRQ�,QGH[�KDV�EHHQ�FOLPELQJ�ODWHO\�ZKLOH�GD\V�RQ�PDUNHW�DUH�WUHQGLQJ�GRZQ��WKHVH�SRLQW�WR�D�SRVLWLYH�QHDU�WHUPRXWORRN�IRU�WKH�PDUNHW�

1257+5,'*(��&$��3DULV��,QWHO�5HSRUWV([HFXWLYH�6XPPDU\

��

��

��


7KH�PHGLDQ�OLVW�SULFH�LQ�1257+5,'*(��&$��WKLV�ZHHN�LV��










n�


Single Family Homes

0HGLDQ�/RW�6L]H

��


��

��

��


��




��VTIW0HGLDQ�+RXVH�6L]H��VT�IW�

��

��

��





6HOOHUV�$GYDQWDJH

nn

r�

nn

��

%RWWRP�)RXUWK

/RZHU�7KLUG

8SSHU�6HFRQG

7RS�)LUVW

7KLV�:HHN



3ULFH

3ULFH�7UHQGV






��

��

��

�

��

��

��

�

�

��DFUH

��

��

�

�

��

��

��VTIW

��

�� VTIW

��

��

��

��

��DFUH��

��

��

�

��

3ULFHV�LQ�WKLV�]LS�FRGH�VHHP�WR�KDYH�VHWWOHG�DURXQG�D�SODWHDX�/RRN�IRU�D�SHUVLVWHQW�GRZQ�VKLIW�LQ�WKH�0DUNHW�$FWLRQ�,QGH[EHIRUH�ZH�VHH�SULFHV�GHYLDWH�IURP�WKHVH�OHYHOV�

:KLOH�WKH�0DUNHW�$FWLRQ�,QGH[�VKRZV�VRPH�VWUHQJWKHQLQJ�LQ�WKH�ODVWIHZ�ZHHNV��SULFHV�KDYH�QRW�VHHPHG�WR�PRYH�IURP�WKHLU�SODWHDX�6KRXOG�WKH�XSZDUG�WUHQG�LQ�VDOHV�UHODWLYH�WR�LQYHQWRU\�FRQWLQXH�H[SHFW�SULFHV�WR�UHVXPH�DQ�XSZDUG�FOLPE�LQ�WDQGHP�ZLWK�WKH�0$,�

,QYHQWRU\�KDV�EHHQ�OLJKWHQLQJ�ODWHO\�DQG�WKH�0DUNHW�$FWLRQ�,QGH[KDV�EHHQ�WUHQGLQJ�XS��7KHVH�DUH�PLOGO\�SRVLWLYH�LQGLFDWLRQV�IRU�WKHPDUNHW�

*5$1$'$�+,//6��&$3DULV��,QWHO�5HSRUWV([HFXWLYH�6XPPDU\

��

��

��


7KH�PHGLDQ�OLVW�SULFH�LQ�*5$1$'$�+,//6��&$��WKLV�ZHHN�LV��










n�


Single Family Homes

0HGLDQ�/RW�6L]H

��


��

��

��


��




��VTIW0HGLDQ�+RXVH�6L]H��VT�IW�

��

��

��





6WURQJ�6HOOHUV

r�

r�

r�

�

%RWWRP�)RXUWK

/RZHU�7KLUG

8SSHU�6HFRQG

7RS�)LUVW

7KLV�:HHN



3ULFH

3ULFH�7UHQGV






Los Angeles single family residences market update

Real Estate

Transcript of Los Angeles single family residences market update