Saturday, August 29, 2009

Monthly inventory update

8/28/09 - Santa Monica is down slightly, while Pacific Palisades and Palms-Mar Vista are up slightly for the last two weeks. More with the monthly charts.

8/14/09 - Santa Monica inventory is down for the week (but still up from last year), due mostly to only one new listing vs. more withdrawn and expired listings. Pacific Palisades and Palms-Mar Vista were pretty flat.

I forgot to note last week, low-end north of Montana 724 11th Street was withdrawn 8/4/09. This is significant, that $1,399K wasn't low enough to get a buyer.

8/7/09 - Sorry I've been too busy to post much; I'll try to catch up some today. Santa Monica and Mar Vista are a little down for the week (no new listings in the latter this week), while Pacific Palisades is a little up.

      LA County  Santa Monica Pacific Palisades  Mar Vista
<$3M New Tot DOM<$2M New Tot DOM Tot New DOM

- -------- ------ -------------- -------------- ----------
J 1/30/06 27,732
F 2/28/06 29,420
M 3/31/06 31,819
A 5/ 1/06 34,032 38 33
M 6/ 2/06 37,847 56 36 38
J 6/30/06 42,317 66 40 49
J 8/ 4/06 45,315 70 34 50
A 9/ 1/06 46,781 71 27 59
S 10/ 6/06 47,369 83 25 98 71
O 11/ 3/06 45,780 80 20 91 77
N 12/ 1/06 43,103 65 18 72 96 39 20
D 1/ 5/07 35,646 54 4 60 117 33 6 71 66
- -------- ------ -------------- -------------- ----------
J 2/ 2/07 36,715 38 15 45 124 29 16 61 71 70
F 3/ 2/07 41,251 42 14 51 114 26 10 68 79 55 25 76
M 4/ 6/07 42,857 41 23 49 107 18 8 73 103 54 52 50
A 5/ 4/07 45,918 46 28 54 92 19 6 82 79 71 37 52
M 6/ 1/07 52,198 50 25 61 78 17 15 87 78 77 39 53
J 6/30/07 52,769 42 18 56 81 17 11 92 77 74 33 61
J 8/ 3/07 54,166 53 28 68 86 23 12 78 76 84 39 68
A 8/31/07 57,432 57 21 72 98 18 7 69 75 90 40 79
S 9/28/07 58,973 59 17 74 103 26 9 90 81 87 20 87
O 11/ 2/07 58,731 62 19 81 120 29 7 106 77 98 35 88
N 11/30/07 59,108 52 14 67 136 23 11 88 94 96 23 96
D 12/31/07 53,475 42 5 53 148 19 2 73 119 79 13 116
- -------- ------ -------------- -------------- ----------
J 2/ 1/08 53,722 54 16 67 157 26 16 101 118 89 36 96
F 2/29/08 53,520 50 10 68 178 29 8 108 108 88 21 103
M 3/28/08 53,566 57 17 81 171 32 14 122 92 82 22 105
A 5/ 2/08 54,098 59 14 83 159 35 7 136 93 90 33 96
M 5/30/08 53,216 56 23 79 147 34 9 142 106 91 29 89
J 6/27/08 53,058 74 28 98 131 30 6 129 107 96 26 95
J 8/ 2/08 51,906 66 14 89 125 34 8 120 136 99 35 101
A 8/29/08 50,124 62 9 79 122 29 5 108 156 91 25 104
S 10/ 3/08 48,113 58 14 82 145 41 15 128 132 84 24 109
O 10/31/08 47,017 64 22 90 131 55 18 159 126 83 21 103
N 11/28/08 45,216 64 12 91 141 54 7 151 124 73 9 130
D 12/31/08 40,810 52 3 80 171 47 5 130 134 63 10 144
- -------- ------ -------------- -------------- ----------
J 1/30/09 38,486 67 16 94 181 59 15 157 145 66 15 157
F 2/27/09 37,647 73 14 98 164 73 17 181 148 75 19 131
M 4/ 3/09 84 25 108 155 73 11 187 150 74 24 128
A 5/ 1/09 89 23 115 163 72 11 188 155 73 22 127
M 5/29/09 80 15 107 175 67 14 176 142 70 28 117
J 7/ 3/09 85 21 110 142 63 16 167 164 75 19 157
J 7/31/09 83 20 105 163 62 8 164 171 71 22 152
A 8/ 7/09 80 6 103 170 64 3 164 179 70 0 172
8/14/09 76 7 97 175 62 6 165 168 71 6 163
8/21/09 74 94 60 161 73
S 8/28/09 73 14 94 204 64 11 164 170 74 21 145
9/ 4/09
All Westside

                 1/30     4/3    5/29    7/31    10/2   11/27
2/27 5/1 7/3 8/28 10/30 12/31

Bel Air-Holmby H. 101 106 120 137 147 152 160 150
Beverly Ctr.-M.M. 58 65 78 83 72 58 73 78
Beverly Hills 109 123 134 114 107 120 135 127
B.Hills P.O. 127 147 162 153 152 159 160 160
Beverlywood Vic. 47 54 62 60 48 42 51 45
Brentwood 146 162 157 167 155 155 146 128
Cheviot-R.Park '8' 31 38 33 39 31 31 39 33
Culver City 52 44 36 33 34 41 39 26
Malibu 254 267 288 290 281 280 274 263
Malibu Beach 63 70 70 70 69 65 62 67
Marina Del Rey 32 32 28 34 34 35 30 25
Pacific Palisades 157 181 187 188 176 167 164 164
Palms-Mar Vista 66 75 74 73 70 75 71 74
Playa Del Rey 24 24 20 21 27 22 22 19
Playa Vista 6 6 5 3 5 4 5 6
Santa Monica 94 98 108 115 107 110 105 94
Sunset-Hwd.Hills 285 299 312 293 294 288 305 306
Topanga 70 73 71 73 77 75 83 77
Venice 104 121 119 115 111 102 110 101
W.Hollywood Vic. 61 58 50 56 51 48 50 58
West L.A. 20 30 32 25 23 17 22 27
Westchester 53 60 57 42 43 47 56 46
Westwood-Cent.City 67 72 78 78 82 67 71 59
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
2009 Total 2027 2281 2196 2233
2205 2262 2160 2133
2008 Total 1509 1694 1917 2019 2006 2128
1524 1846 1974 1942 2085 1822
2007 Total 1282 1274 1457 1522 1671 1600
1308 1377 1483 1551 1731 1329

Notes

See here for 2007 monthly totals. LA County inventory via OC Renter. Santa Monica Days on Market (DOM) is for <$3M, and omits Santa Monica Canyon (in City of Los Angeles but S.M. Post Office). Pacific Palisades DOM is for <$2M and count omits mobile homes. "New" is for previous month, or month-to-date for current partial month.

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