Los Angeles County real estate report closing July 2014

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http://realtor.paris911.com/santa-clarita-housing-market-figures-closing-july-of-2014/ We just completed this report for all Single Family Residences within Los Angeles County Cities. A complete report with a shocking graphic showing the Days on Market Timeframes having reduced for not only Santa Clarita Valley Cities, but we seen the same trend from the Greater Los Angeles County Areas. Should this be an area of concern for the real estate buyers looking to buy? What about a Blessing for the real estate sellers wanting top dollar for the homes they are selling? We will have to see where August rings in at, to really get a better handle on the real estate situation in Greater Los Angeles cities. Be safe - We are REMAX of Valencia CA's Paris911 Team and glad to be of service. Tune into our latest Radio show episode concerning real estate at the home page of http://paris911.co

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Los Angeles County real estate report closing July 2014

  1. 1. 08/01/2014Clarus MarketMetrics® Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). Connor and Paris MacIVOR RE/MAX's Paris911 Team Market Dynamics 1 of 21
  2. 2. Jul-14 460,000 Jul-13 429,000 % +7% Change 31,000 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 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). AllBathrooms:MLS: AllAll Sq Ft: Los Angeles Residential: (Single Family Residence) Period: All All Property Types: Counties: All Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS 2 of 21
  3. 3. Median Sold Price by Month Jul-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 DOM Jul-14 460,000 3,078 52 Jun-14 455,000 3,081 55 May-14 450,000 3,161 55 Apr-14 450,000 3,097 56 Mar-14 440,000 2,675 57 Feb-14 425,000 2,166 62 Jan-14 423,000 2,363 60 Dec-13 427,000 2,917 57 Nov-13 425,000 2,799 54 Oct-13 430,000 3,232 50 Sep-13 434,000 3,023 49 Aug-13 440,000 3,674 47 Jul-13 429,000 3,549 47 Clarus MarketMetrics® 2 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 3 of 21
  4. 4. 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% RE/MAX's Paris911 Team Jul-13 vs. Jul-14 439,000 +14% Connor and Paris MacIVOR 499,994 Jul-14 Median For Sale vs. Median Sold ChangeJul-13 % 60,994 Jul-13 Jul-14 % 429,000 +7% Jul-13 vs. Jul-14 460,000 Change 31,000 Clarus MarketMetrics® 1 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). AllBathrooms:MLS: AllAll Sq Ft: Los Angeles Residential: (Single Family Residence) Period: All All Property Types: Counties: All Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS 4 of 21
  5. 5. Median For Sale vs. Median Sold 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% RE/MAX's Paris911 TeamConnor and Paris MacIVOR Time Period For SaleMedian SoldMedian For Sale # Properties # PropertiesSold Price Difference Jul-14 13,837 3,078499,994 460,000 -39,994 Jun-14 13,869 3,081492,500 455,000 -37,500 May-14 13,575 3,161479,000 450,000 -29,000 Apr-14 13,246 3,097465,000 450,000 -15,000 Mar-14 13,250 2,675450,000 440,000 -9,999 Feb-14 12,709 2,166440,000 425,000 -15,000 Jan-14 12,624 2,363438,000 423,000 -15,000 Dec-13 12,234 2,917430,000 427,000 -3,000 Nov-13 13,509 2,799438,888 425,000 -13,888 Oct-13 14,669 3,232440,000 430,000 -10,000 Sep-13 14,464 3,023442,950 434,000 -8,950 Aug-13 14,563 3,674440,000 440,000 0 Jul-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
  6. 6. Jul-14 3,078 Jul-13 3,549 % -13% Change -471 Jul-13 vs. Jul-14: The number of Sold properties is down 13% Sold Properties by Month RE/MAX's Paris911 Team Jul-13 vs. Jul-14 Connor and Paris MacIVOR Clarus MarketMetrics® 1 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). AllBathrooms:MLS: AllAll Sq Ft: Los Angeles Residential: (Single Family Residence) Period: All All Property Types: Counties: All Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS 6 of 21
  7. 7. Sold Properties by Month Jul-13 vs. Jul-14: The number of Sold properties is down 13% RE/MAX's Paris911 TeamConnor and Paris MacIVOR 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 90.0 477,000 Jun-14 455,0003,081 55 361 11.7 330,000 2,720 88.3 475,000 May-14 450,0003,161 55 414 13.1 327,250 2,747 86.9 470,000 Apr-14 450,0003,097 56 396 12.8 344,438 2,701 87.2 465,000 Mar-14 440,0002,675 57 366 13.7 335,000 2,309 86.3 460,000 Feb-14 425,0002,166 62 330 15.2 328,788 1,836 84.8 445,000 Jan-14 423,0002,363 60 377 15.9 325,000 1,986 84.0 438,750 Dec-13 427,0002,917 57 524 18.0 336,000 2,393 82.0 450,000 Nov-13 425,0002,799 54 405 14.5 320,000 2,394 85.5 445,500 Oct-13 430,0003,232 50 500 15.5 321,446 2,732 84.5 450,000 Sep-13 434,0003,023 49 469 15.5 301,000 2,554 84.5 455,000 Aug-13 440,0003,674 47 564 15.3 322,938 3,110 84.7 460,000 Jul-13 429,0003,549 47 615 17.3 312,951 2,934 82.7 457,500 Clarus MarketMetrics® 2 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 7 of 21
  8. 8. Jul-14 3,420 Jul-13 3,347 % +2% Change 73 Jul-13 vs. Jul-14: The number of Under Contract properties is up 2% Under Contract Properties by Month RE/MAX's Paris911 Team Jul-13 vs. Jul-14 Connor and Paris MacIVOR Clarus MarketMetrics® 1 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). AllBathrooms:MLS: AllAll Sq Ft: Los Angeles Residential: (Single Family Residence) Period: All All Property Types: Counties: All Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS 8 of 21
  9. 9. Under Contract Properties by Month Jul-13 vs. Jul-14: The number of Under Contract properties is up 2% RE/MAX's Paris911 TeamConnor and Paris MacIVOR Time Period Full Market # Properties Median Price Average DOM Bank Properties # Properties % Bank Median Price Non-Bank Properties # Properties % Non-Bank Median Price Jul-14 460,0003,420 42 484,99987.62,997324,90012.4423 Jun-14 454,9003,303 49 479,00087.52,890325,00012.5413 May-14 465,0003,227 52 489,00087.02,808342,90013.0419 Apr-14 449,0003,193 53 469,90086.12,749320,00013.9444 Mar-14 445,0003,242 55 463,00086.22,795325,00013.8447 Feb-14 449,0002,757 57 469,95085.32,353336,00014.7404 Jan-14 429,5002,551 62 449,95083.92,141325,00016.1410 Dec-13 424,9002,097 63 439,00082.51,729332,45017.6368 Nov-13 429,9002,674 57 449,90084.12,248340,00015.9426 Oct-13 430,0003,096 55 450,00084.62,618328,94415.4478 Sep-13 429,9902,883 52 449,90084.62,439325,95015.4444 Aug-13 439,5003,233 46 459,00086.12,785322,45013.9448 Jul-13 439,0003,347 46 459,00086.02,877315,00014.0470 Clarus MarketMetrics® 2 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 9 of 21
  10. 10. Jul-14 4,877 Jul-13 5,005 % -3% Change -128 Jul-13 vs. Jul-14: The number of New properties is down 3% New Properties by Month RE/MAX's Paris911 Team Jul-13 vs. Jul-14 Connor and Paris MacIVOR Clarus MarketMetrics® 1 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). AllBathrooms:MLS: AllAll Sq Ft: Los Angeles Residential: (Single Family Residence) Period: All All Property Types: Counties: All Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS 10 of 21
  11. 11. New Properties by Month Jul-13 vs. Jul-14: The number of New properties is down 3% RE/MAX's Paris911 TeamConnor and Paris MacIVOR Time Period # Properties Full Market Median Price Bank Properties # Properties % Bank Median Price Non-Bank Properties # Properties % Non-Bank Median Price Jul-14 499,5004,877 429 8.8 329,000 4,448 91.2 519,900 Jun-14 495,0004,903 422 8.6 320,000 4,481 91.4 515,000 May-14 485,4504,780 483 10.1 327,500 4,297 89.9 499,999 Apr-14 479,9004,539 493 10.9 329,900 4,046 89.1 499,894 Mar-14 475,0004,507 585 13.0 325,000 3,922 87.0 499,000 Feb-14 450,0003,906 523 13.4 325,000 3,383 86.6 472,999 Jan-14 449,0004,119 552 13.4 344,950 3,567 86.6 469,900 Dec-13 419,4502,578 449 17.4 315,000 2,129 82.6 439,000 Nov-13 427,4993,250 514 15.8 337,700 2,736 84.2 449,900 Oct-13 438,8884,359 677 15.5 319,900 3,682 84.5 458,400 Sep-13 440,0004,335 677 15.6 320,000 3,658 84.4 468,888 Aug-13 449,0004,841 717 14.8 325,000 4,124 85.2 474,925 Jul-13 449,0005,005 737 14.7 325,000 4,268 85.3 478,500 Clarus MarketMetrics® 2 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 11 of 21
  12. 12. Jul-14 13,837 Jul-13 14,229 % -3% Change -392 Jul-13 vs. Jul-14: The number of For Sale properties is down 3% For Sale Properties by Month RE/MAX's Paris911 Team Jul-13 vs. Jul-14 Connor and Paris MacIVOR Clarus MarketMetrics® 1 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). AllBathrooms:MLS: AllAll Sq Ft: Los Angeles Residential: (Single Family Residence) Period: All All Property Types: Counties: All Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS 12 of 21
  13. 13. For Sale Properties by Month Jul-13 vs. Jul-14: The number of For Sale properties is down 3% RE/MAX's Paris911 TeamConnor and Paris MacIVOR # PropertiesTime Period Full Market # Properties Median Price Average DOM 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 88.7 535,000 Jun-14 492,50013,869 71 1,833 13.2 330,000 12,036 86.8 525,000 May-14 479,00013,575 76 2,135 15.7 330,000 11,440 84.3 515,000 Apr-14 465,00013,246 79 2,324 17.5 329,900 10,922 82.5 499,638 Mar-14 450,00013,250 84 2,561 19.3 325,000 10,689 80.7 489,900 Feb-14 440,00012,709 90 2,670 21.0 325,000 10,039 79.0 479,000 Jan-14 438,00012,624 96 2,822 22.4 325,000 9,802 77.7 475,000 Dec-13 430,00012,234 107 2,988 24.4 320,000 9,246 75.6 477,750 Nov-13 438,88813,509 96 3,217 23.8 320,000 10,292 76.2 485,000 Oct-13 440,00014,669 89 3,478 23.7 318,850 11,191 76.3 489,900 Sep-13 442,95014,464 89 3,563 24.6 315,000 10,901 75.4 499,000 Aug-13 440,00014,563 86 3,654 25.1 312,975 10,909 74.9 499,777 Jul-13 439,00014,229 86 3,740 26.3 309,000 10,489 73.7 499,900 Clarus MarketMetrics® 2 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 13 of 21
  14. 14. Jul-14 2,119 Jul-13 1,158 % +83% Change 961 Jul-13 vs. Jul-14: The number of Expired properties is up 83% Expired Properties by Month RE/MAX's Paris911 Team Jul-13 vs. Jul-14 Connor and Paris MacIVOR Clarus MarketMetrics® 1 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). AllBathrooms:MLS: AllAll Sq Ft: Los Angeles Residential: (Single Family Residence) Period: All All Property Types: Counties: All Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS 14 of 21
  15. 15. Expired Properties by Month Jul-13 vs. Jul-14: The number of Expired properties is up 83% RE/MAX's Paris911 TeamConnor and Paris MacIVOR 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 79.4 509,500 Jun-14 476,5001,606 77 290 18.1 310,000 1,316 81.9 533,225 May-14 450,0001,381 78 305 22.1 300,000 1,076 77.9 511,250 Apr-14 454,1501,258 74 228 18.1 310,000 1,030 81.9 495,000 Mar-14 439,0001,299 79 283 21.8 310,000 1,016 78.2 479,000 Feb-14 439,9451,208 82 290 24.0 318,500 918 76.0 488,888 Jan-14 465,0001,267 79 264 20.8 310,000 1,003 79.2 499,000 Dec-13 459,9001,632 87 350 21.4 300,000 1,282 78.5 525,000 Nov-13 459,9501,176 72 251 21.3 290,000 925 78.7 518,990 Oct-13 475,0001,313 81 296 22.5 299,000 1,017 77.5 549,950 Sep-13 475,0001,268 71 317 25.0 290,000 951 75.0 549,888 Aug-13 448,5001,200 64 320 26.7 297,000 880 73.3 543,400 Jul-13 419,0001,158 67 333 28.8 279,500 825 71.2 525,000 Clarus MarketMetrics® 2 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 15 of 21
  16. 16. Jul-13 vs. Jul-14: The number of for sale properties is down 3% and the number of sold properties is down 13% RE/MAX's Paris911 Team Jul-13 vs. Jul-14 14,229 -3% Connor and Paris MacIVOR 13,837 Jul-14 Supply & Demand by Month ChangeJul-13 % -392 Jul-13 Jul-14 % 3,549 -13% Jul-13 vs. Jul-14 3,078 Change -471 Clarus MarketMetrics® 1 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). AllBathrooms:MLS: AllAll Sq Ft: Los Angeles Residential: (Single Family Residence) Period: All All Property Types: Counties: All Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS 16 of 21
  17. 17. Supply & Demand by Month Jul-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 3,078 Jun-14 71 5513,869 3,081 May-14 76 5513,575 3,161 Apr-14 79 5613,246 3,097 Mar-14 84 5713,250 2,675 Feb-14 90 6212,709 2,166 Jan-14 96 6012,624 2,363 Dec-13 107 5712,234 2,917 Nov-13 96 5413,509 2,799 Oct-13 89 5014,669 3,232 Sep-13 89 4914,464 3,023 Aug-13 86 4714,563 3,674 Jul-13 86 4714,229 3,549 Clarus MarketMetrics® 2 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 17 of 21
  18. 18. Jul-14 42 Jul-13 46 % -9% Change -4 Jul-13 vs. Jul-14: The average days on market is down 9% The Average Days on Market by Month RE/MAX's Paris911 Team Jul-13 vs. Jul-14 Connor and Paris MacIVOR Clarus MarketMetrics® 1 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). AllBathrooms:MLS: AllAll Sq Ft: Los Angeles Residential: (Single Family Residence) Period: All All Property Types: Counties: All Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS 18 of 21
  19. 19. The Average Days on Market by Month Jul-13 vs. Jul-14: The average days on market is down 9% RE/MAX's Paris911 TeamConnor and Paris MacIVOR Time Period # UC UnitsAverage DOM Jul-14 3,42042 Jun-14 3,30349 May-14 3,22752 Apr-14 3,19353 Mar-14 3,24255 Feb-14 2,75757 Jan-14 2,55162 Dec-13 2,09763 Nov-13 2,67457 Oct-13 3,09655 Sep-13 2,88352 Aug-13 3,23346 Jul-13 3,34746 Clarus MarketMetrics® 2 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 19 of 21
  20. 20. Jul-13 vs. Jul-14: The average months supply of inventory is down 16% RE/MAX's Paris911 Team Jul-13 vs. Jul-14 2.9 -16% Connor and Paris MacIVOR 2.4 Jul-14 Months Supply of Inventory ChangeJul-13 % -0.5 Clarus MarketMetrics® 1 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). AllBathrooms:MLS: AllAll Sq Ft: Los Angeles Residential: (Single Family Residence) Period: All All Property Types: Counties: All Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)CRMLS 20 of 21
  21. 21. Months Supply of Inventory Jul-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 2.4 Jun-14 3,303 498,960 2.7 May-14 3,227 528,967 2.8 Apr-14 3,193 538,795 2.8 Mar-14 3,242 558,710 2.7 Feb-14 2,757 578,744 3.2 Jan-14 2,551 628,807 3.5 Dec-13 2,097 638,505 4.1 Nov-13 2,674 579,659 3.6 Oct-13 3,096 5510,261 3.3 Sep-13 2,883 5210,313 3.6 Aug-13 3,233 4610,130 3.1 Jul-13 3,347 469,725 2.9 Clarus MarketMetrics® 2 of 2 08/01/2014 Information not guaranteed. © 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td). 21 of 21

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