www.zillow.com/research/ APRIL2019 Los Angeles-Long Beach-Anaheim Metro National Home Values Current: $226,800 Monthly Change: -0.1% Quarterly Change: 0.4% Annual Change: 6.1% Negative Equity*: 8.2% Los Angeles Home Values Current: $649,500 Monthly Change: -0.3% Quarterly Change: -0.7% Annual Change: 1.4% Negative Equity*: 4.1% Home Values Forecast (next 12 months) National: 2.8% Los Angeles Metro: -0.5% Major Cities - Home Values Los Angeles Current: $686,100 Monthly Change: -0.4% Annual Change: 2.2% Long Beach Current: $593,500 Monthly Change: -0.1% Annual Change: 2% Anaheim Current: $595,700 Monthly Change: -0.2% Annual Change: 1.7% Santa Ana Current: $547,800 Monthly Change: 0% Annual Change: 3.3% Irvine Current: $856,000 Monthly Change: -0.4% Annual Change: 0.4% Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community City ZHVI Year-over-Year -5.7% - -3.8% -3.7% - -2.1% -2.0% - -0.9% -0.8% - 0.0% 0.0% - 1.3% 1.4% - 2.8% 2.9% - 4.6% 4.7% - 7.9% 8.0% - 12.8% Home Values (ZHVI) Increasing Values: 62.3% Decreasing Values: 25.7% Fall From Peak: -0.7% Peak ZHVI Date: 2019-01 Peak ZHVI: $654,100 Rent Zillow Rent Index: $2,835 Monthly Change: 0% Annual Change: 3.2% Rent List Price: $3,200 Rent List/Sq. Ft.: $2.2 Sales Median Sale Price: $632,800 Monthly Change: 0.6% Annual Change: 3.8% Sale Price/Sq. Ft.: $– Sale-to-list Price Ratio: – Sold for a Loss/Gain: –%/–% Listings Median List Price: $719,000 Monthly Change: 2.7% Annual Change: 2.7% List Price/Sq. Ft.: $436 Listings with Price Cut: 14.9% Amount of Price Cut: 2.5% Foreclosures Homes Foreclosed: –/10, 000 Monthly Change: – Annual Change: – Foreclosure Resales: 0% Monthly Change: 0pp Annual Change: 0pp How do we track home values? To track home values, we use the Zillow Home Value Index (ZHVI). The ZHVI is the mid-point of estimated home values for the area. Half the estimated home values are above this number and half are below. * Negative equity data is from 2018Q2.
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www.zillow.com/research/
APRIL2019 Los Angeles-Long Beach-Anaheim Metro
National Home Values
Current: $226,800Monthly Change: -0.1%Quarterly Change: 0.4%Annual Change: 6.1%Negative Equity*: 8.2%
Los Angeles Home Values
Current: $649,500Monthly Change: -0.3%Quarterly Change: -0.7%Annual Change: 1.4%Negative Equity*: 4.1%
Home Values Forecast
(next 12 months)
National: 2.8%Los Angeles Metro: -0.5%
Major Cities - Home Values
Los AngelesCurrent: $686,100Monthly Change: -0.4%Annual Change: 2.2%
Long BeachCurrent: $593,500Monthly Change: -0.1%Annual Change: 2%
AnaheimCurrent: $595,700Monthly Change: -0.2%Annual Change: 1.7%
Santa AnaCurrent: $547,800Monthly Change: 0%Annual Change: 3.3%
IrvineCurrent: $856,000Monthly Change: -0.4%Annual Change: 0.4%
Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community
City ZHVI Year-over-Year-5.7% - -3.8% -3.7% - -2.1% -2.0% - -0.9% -0.8% - 0.0% 0.0% - 1.3% 1.4% - 2.8% 2.9% - 4.6% 4.7% - 7.9% 8.0% - 12.8%
Home Values (ZHVI)Increasing Values: 62.3%Decreasing Values: 25.7%Fall From Peak: -0.7%Peak ZHVI Date: 2019-01Peak ZHVI: $654,100
RentZillow Rent Index: $2,835Monthly Change: 0%Annual Change: 3.2%
Rent List Price: $3,200Rent List/Sq. Ft.: $2.2
SalesMedian Sale Price: $632,800Monthly Change: 0.6%Annual Change: 3.8%
Sale Price/Sq. Ft.: $–Sale-to-list Price Ratio: –Sold for a Loss/Gain: –%/–%
ListingsMedian List Price: $719,000Monthly Change: 2.7%Annual Change: 2.7%
List Price/Sq. Ft.: $436Listings with Price Cut: 14.9%Amount of Price Cut: 2.5%
ForeclosuresHomes Foreclosed: –/10, 000Monthly Change: –Annual Change: –
Foreclosure Resales: 0%Monthly Change: 0ppAnnual Change: 0pp
How do we track home values? Totrack home values, we use the ZillowHome Value Index (ZHVI). The ZHVI isthe mid-point of estimated home valuesfor the area. Half the estimated homevalues are above this number and halfare below.
* Negative equity data is from 2018Q2.
APRIL2019
*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be
available online at www.zillow.com/research/data by emailing [email protected]
Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.
www.zillow.com/research/
Largest Cities Covered by Zillow
Hom
eValues-ZHVI($)
ZHVIMoM
(%)
ZHVIQoQ
(%)
ZHVIYoY
(%)
ZHVIPeak($)
PeakMon
th
Change
from
Peak(%
)
Rents-ZRI($)
ZRIMoM
(%)
ZRIQoQ
(%)
ZRIYoY
(%)
ForecastYoY
(%)
NegativeEquity(%
)
Anaheim 595,700 -0.2 -0.8 1.7 604,400 2006-07 -1.4 2,817 0.1 0.5 3.9 -0.4 3.9Compton 406,900 -0.1 0 5 407,800 2019-02 -0.2 2,384 0 0.5 5.2 2.2 5.5East Los Angeles 458,700 0 0.5 5.2 458,800 2019-03 -0.0 2,318 0.1 0.7 3.8 2.5 4.5Fullerton 646,200 -0.4 -1.1 1.2 654,200 2018-12 -1.2 2,884 0 0.3 3.4 -1 3.6Garden Grove 617,600 -0.1 -0.5 3.8 620,700 2019-01 -0.5 2,801 0.1 0.7 4.2 0.6 4.1Glendale 847,000 -0.5 -0.8 1.8 854,200 2019-01 -0.8 3,101 0.1 0.7 3.6 -0.2 4.1Huntington Beach 830,500 -0.3 -1 2 839,600 2018-12 -1.1 3,221 0.1 -0.2 1.6 -0.4 2.7Inglewood 555,800 -0.4 -0.5 3.7 559,700 2019-02 -0.7 2,601 0 0.3 3.2 0.6 4.1Irvine 856,000 -0.4 -1.4 0.4 869,800 2018-12 -1.6 3,243 0.2 0.3 1.4 -1.7 3.7Lancaster 286,100 -0.2 -0.5 4.5 340,400 2006-09 -16.0 1,964 -0.1 -0.1 5.7 1.3 7.7Long Beach 593,500 -0.1 -0.2 2 594,900 2019-01 -0.2 2,532 0 0.4 3.5 0.3 5.1Los Angeles 686,100 -0.4 -0.8 2.2 691,500 2019-01 -0.8 2,957 0 0.3 3.2 -0.1 4.3Orange 693,600 -0.2 -0.7 0.9 698,900 2018-12 -0.8 3,025 0.3 0.3 1 -0.7 3.4Palmdale 315,700 -0.1 -0.4 3.7 377,500 2006-08 -16.4 2,055 0 0.2 5.3 1 7.7Pasadena 824,000 -0.2 -0.5 1.6 828,400 2019-01 -0.5 2,923 0 0.1 1.8 -0.2 3.6Pomona 424,800 -0.3 -0.6 2.2 427,500 2019-02 -0.6 2,202 0.1 0.8 2.8 0.2 5.9Santa Ana 547,800 0 -0.3 3.3 595,800 2006-08 -8.1 2,731 0 0.6 5.1 0.7 5.2Santa Clarita 545,000 -0.3 -0.6 0 573,400 2006-07 -5.0 2,756 0 0.5 4.8 -0.7 5.0Torrance 817,700 -0.1 -0.4 -0.6 822,600 2018-04 -0.6 3,184 0 0.2 3.5 -0.9 2.8Whittier 565,300 -0.3 -0.8 -1 571,600 2018-06 -1.1 2,543 -0.1 0.3 1.8 -1.5 5.6
Largest Counties Covered by Zillow
Hom
eValues-ZHVI($)
ZHVIMoM
(%)
ZHVIQoQ
(%)
ZHVIYoY
(%)
ZHVIPeak($)
PeakMon
th
Change
from
Peak(%
)
Rents-ZRI($)
ZRIMoM
(%)
ZRIQoQ
(%)
ZRIYoY
(%)
ForecastYoY
(%)
NegativeEquity(%
)
Los Angeles County 617,700 -0.3 -0.5 2 621,100 2019-02 -0.5 2,722 0 0.2 3.2 0.2Orange County 719,600 -0.3 -1.1 1.3 728,200 2018-12 -1.2 3,076 0.1 0.1 1.5 -1
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