August_2017 Market Intelligence Reports_WS_Layne_email
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Palms/Mar Vista<br />
$1,286,000<br />
Median Sold Price<br />
July Stats<br />
Year<br />
Over July July %<br />
Year 2016 <strong>2017</strong> Change<br />
Median Price<br />
$1,050 $1,286 22%<br />
$1,418,000<br />
Average Sold Price<br />
Average Price Per Sq. Foot<br />
Properties for Sale<br />
Properties Pending Sales<br />
Properties Sold<br />
$702 $776 11%<br />
60 52 -13%<br />
38 39 3%<br />
45 44 -2%<br />
52<br />
Listings for Sale<br />
39<br />
Listings Pending<br />
44<br />
Listings Sold<br />
Days on <strong>Market</strong> (Sold Homes) 46 28 -39%<br />
Monthly Supply of Inventory 1.3 1.2 -8%<br />
Absorption Rate (closed sales) 75 84.6 13%<br />
Avg. & Median Price by Month<br />
$1,600<br />
$3,500<br />
$1,418<br />
$1,400<br />
$3,000<br />
$1,286<br />
$1,200<br />
$2,593<br />
$2,500<br />
$1,000<br />
$2,000<br />
$800<br />
$1,655<br />
$1,500<br />
$600<br />
$1,000 $400<br />
28<br />
Days On <strong>Market</strong><br />
$500 $200<br />
$-<br />
$-<br />
July<br />
2016<br />
Aug. Sept.<br />
2016 2016<br />
Oct. Nov.<br />
2016 2016<br />
Dec.<br />
2016<br />
Jan.<br />
<strong>2017</strong><br />
Feb.<br />
<strong>2017</strong><br />
Mar.<br />
<strong>2017</strong><br />
Apr.<br />
<strong>2017</strong><br />
May<br />
<strong>2017</strong><br />
June<br />
<strong>2017</strong><br />
July<br />
<strong>2017</strong><br />
Median<br />
Average
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